PwC launches ‘AI Edge for Viksit Bharat’ to unlock $550 bn across five Indian sectors

PwC India on Friday unveiled an AI framework here to unlock USD 550 billion by 2035 in five key sectors of agriculture, education, energy, healthcare and manufacturing. Launching the report, AI Edge for Viksit Bharat, at the World Economic Forum Annual Meeting here, PwC said India is positioned as a potential global benchmark for how … Read more

Holding listed company shares via family trusts – Who can be trustees and beneficiaries?

Succession planning in promoter led Indian companies must be viewed through a commercial and generational standpoint, not a narrow, technical one. (AI image) By Varun SriramIn the last several years, across India’s listed company backdrop, a subtle but significant shift has been underway in how promoter families are viewing succession planning. As first and second-generation … Read more

US markets today: Wall Street drifts lower into quieter close; tariff walk-backs cap volatility

US stocks edged lower on Friday as a turbulent week marked by tariff threats and reversals headed toward a calmer finish, with investors turning cautious amid limited clarity on trade and geopolitical signals.In early trade, the S&P 500 slipped 0.1%, while the Dow Jones Industrial Average fell 258 points, or 0.5%, AP reported. The Nasdaq … Read more

Bloodbath on D-Street! Investors lose over Rs 16 lakh crore this week as Nifty, Sensex crash; market down 5% from lifetime highs

Market participants said sentiment was further undermined by a shift towards safe-haven assets and persistent foreign fund outflows. (AI image) It’s a bloodbath on Dalal Street! Indian stock market indices, Nifty50 and BSE Sensex, have crashed over 2% this week, leading to investors losing over Rs 16 lakh crore. Even as US President Donald Trump’s … Read more

Union Budget 2026: FM may maintain FY27 fiscal deficit at 4.4%, same as FY26; here’s what Nuvama expects

The Union Budget 2026 may maintain the fiscal deficit at 4.4% of GDP in FY27, according to Nuvama, as the economy shows fragile momentum. The government might focus on deregulation and disinvestments to support growth, rather than fiscal expansion, with a continued emphasis on sectors like semiconductors and AI. As the Budget 2026 approaches, the … Read more

Budget 2026: Pharma, MedTech sectors seek structured funding push for R&D and innovation

Ahead of the Union Budget 2026, industry leaders from the pharmaceutical and MedTech sectors have called for a structured funding framework to deepen innovation and research and development (R&D), saying this is critical for realising India’s Viksit Bharat vision.Dr Reddy’s Laboratories Ltd Chairman Satish Reddy said India’s pharmaceutical industry is undergoing a strategic transition from … Read more

Power ministry tableau to spotlight clean energy push at Republic Day parade

NEW DELHI: The ministry of power will use this year’s Republic Day parade to put the spotlight on India’s rapid transformation in the electricity sector and its push to become a global clean energy leader, through a tableau titled ‘Prakash Ganga: Powering an Aatmanirbhar and Viksit Bharat’.The tableau traces India’s journey from achieving universal electricity … Read more

Adani Group stocks drop! Adani Ports, Adani Green, Adani Enterprises down up to 10% after US SEC seeks permission to serve summons

The Adani Group has rejected the allegations as unfounded and said it will take all legal steps available to defend its position. Adani Group stocks today: Shares of several Adani Group companies including Adani Green, Adani Enterprises, Adani Energy and Adani Ports have dropped by up to 10% after the US Securities and Exchange Commission … Read more