Railway Budget 2026 expectations: 5 ways to drive an important growth engine for the Viksit Bharat vision

While investments in infrastructure creation of track and rolling stock have been significant, average train speeds have remained 50–52 kmph for mail/express passengers. By Dhruv Gadh and Nitin KumarThe transport and logistics sector serves as the backbone for India’s Viksit Bharat @2047 vision. As our national carrier, the railways connect remote places, while providing a … Read more

US snow storm cancelled your flight? Here’s what you need to know

US air travel is seeing widespread disruptions as a powerful winter storm moves across large parts of the country, forcing at least 13,000 flight cancellations over the weekend and affecting major airports. Forecasters have warned that damage, particularly in areas hit by ice, could be catastrophic and comparable to a hurricane. By mid-morning on Saturday, … Read more

US govt to acquire 10% stake in USA Rare Earth, ramps up efforts for domestic production

The US government is set to acquire a 10% stake in Oklahoma-based USA Rare Earth, as part of Trump administration’s $1.6 billion investment. The package is aimed towards supporting the firm to develop a local mine and magnet production facility, according to two sources familiar with the deal.In addition to this government-backed investment, USA Rare … Read more

Budget 2026: Jewellery sector seeks duty rationalisation, reforms and GST cuts

For the Union Budget 2026-2027, India’s gems and jewellery industry is urging the government for a mix of GST cuts, customs reforms and policy changes to counter global trade headwinds and improve export competitiveness.In its pre-Budget memorandum submitted to finance minister Nirmala Sitharaman, the Gem and Jewellery Export Promotion Council (GJEPC) highlighted measures aimed at … Read more

Cuba looks to expand economic ties with India across biotech, renewables and tourism, envoy says

Cuba is keen to deepen its economic engagement with India across sectors such as agro-industry, biotechnology, healthcare, information technology, renewable energy, sports and tourism, Cuban Ambassador to India Juan Carlos Marsan Aguilera said on Saturday, reported PTI. Addressing a special session on India–Cuba bilateral trade and economic cooperation organised by the Merchants’ Chamber of Commerce … Read more

Can Donald Trump’s mortgage bond push lower home loan rates? New Fannie–Freddie limits reignite risk debate

The Trump administration has quietly expanded the scope for government-backed mortgage giants Fannie Mae and Freddie Mac to buy far more mortgage bonds than previously allowed, a move aimed at lowering home loan rates but one that has revived concerns about financial risk and policy overreach.According to an internal email obtained by the Associated Press, … Read more

‘Will completely devour it’: Trump threatens 100% tariffs if Canada makes deal with China; warns ‘governor’ Carney

Trump and Carney (File photo) US President Donald Trump on Saturday warned Canada and its Prime Minister Mark Carney over making any deals with China. Refering to Carney as “governor”, he said that US will impose 100 per cent tariffs if Canada makes any such deals.“If Governor Carney thinks he is going to make Canada … Read more