Photo credit- AP The US government is set to roll out “Trump Accounts”, a new tax-advantaged investment programme aimed at boosting long-term savings for children, with more than 500,000 families already signed up ahead of its launch this summer, according to a Reuters report.Under the scheme, the US Treasury will deposit $1,000 as seed money … Read more
India’s strongest macroeconomic performance in decades has collided with a global system that no longer rewards macroeconomic success. (AI image) Economic Survey 2025-26: India stands tall in the global economic order – as the world’s fastest growing major economy that is exhibiting resilience in the face of global economic turmoil and Donald Trump’s tariff threat. … Read more
As more Indians participate in a widening range of investments, from financial instruments to property, the question of how gains are taxed is becoming increasingly relevant to middle-class taxpayers too. Whether it is selling shares after a market rally, redeeming mutual fund units, or transferring a house or plot of land, long-term capital gains or … Read more
Benchmark equity indices Sensex and Nifty ended higher on Thursday after recovering from sharp early losses, supported by buying in heavyweight Larsen & Toubro and optimism following the Economic Survey’s growth outlook for the next financial year.The 30-share BSE Sensex rose 221.69 points, or 0.27 per cent, to close at 82,566.37. The index had slipped … Read more
Gold and silver prices are likely to remain elevated unless global geopolitical tensions ease and trade wars are resolved, the Economic Survey 2025–26 said, pointing to sustained safe-haven demand amid heightened uncertainty.The survey, tabled in Parliament, noted that both precious metals touched lifetime highs in 2025, driven by a weakening US dollar, expectations of persistently … Read more
Finance minister Nirmala Sitharaman (AI-generated image) NEW DELHI: The Union Budget for the 2026–27 fiscal year is set to be presented on February 1, a Sunday, with finance minister Nirmala Sitharaman poised to table her ninth consecutive Budget in Parliament. The Budget will lay out the Centre’s statement of accounts, economic priorities, fiscal strategy and … Read more
Dalal Street might be headed for its worst beginning in a decade and now all eyes are on what the government will announce in the upcoming Budget. With equities, the rupee and bonds all under strain, more and more investors are looking to the Union Budget 2026 for measures that could restore confidence and boost … Read more
India’s ongoing trade talks with the United States may finally reach the finish line this year, the Economic Survey 2026 has suggested. The Economic Survey, presented in Parliament by finance minister Nirmala Sitharaman on Thursday, said the development would help in bringing down uncertainty on the external front.“At the same time, ongoing trade negotiations with … Read more
Indian economy grows at robust pace (AI image) The Economic Survey 2025-26 has pegged India’s real GDP growth for FY 2026-27 at 6.8-7.2%, stressing that the economy continues to exhibit resilience. Robust domestic demand has been identified as the main pillar of growth, especially at a time when global economic conditions remain uncertain.“The paradox of … Read more
IndiGo CEO says December disruptions lasted only ‘three days’ NEW DELHI: After lakhs of IndiGo passengers were left stranded in December, CEO Pieter Elbers, in a first press interaction after the flight disruption last month, said that the airline failed its customers ‘for three days’.When the media pointed out that the disruptions went on for … Read more