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…

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India emerges as a stable growth anchor in Davos amid global challenges, says CII

India was repeatedly cited as a reliable long-term growth anchor during discussions at the World Economic Forum’s annual meeting, amid persistent geopolitical uncertainty clouding the global outlook, the Confederation of Indian Industry said on Friday.Describing the mood at Davos as “cautiously optimistic and strategically focused”, CII director general Chandrajit Banerjee said geopolitical tensions framed the…

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‘Make in India’ semiconductor push: Micron’s Gujarat plant to begin next month, making ‘most complex’ chips says Vaishnaw

Micron Technology’s $2.75-billion semiconductor facility in Sanand, Gujarat, is expected to begin commercial production by the end of February, IT and electronics minister Ashwini Vaishnaw said. Speaking to ET on the sidelines of the World Economic Forum in Davos, Vaishnaw said that pilot production is already underway at four semiconductor plants, with one now ready…

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Gold price prediction: What’s the gold outlook for January 23, 2026? Why ‘buy on dips’ makes sense

Gold’s intraday technical structure has turned constructive, supported by EMA crossover, improving RSI, and a positive MACD setup. (AI image) Gold price prediction today: Gold’s intraday construct is positive and investors can look to buy on dips, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near…

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‘Happy to save!’: Trump’s first reaction to TikTok deal; here’s what he said about Chinese President Xi Jinping

US President Donald Trump, on Friday, hailed TikTok’s new deal and thanked Chinese President Xi Jinping for approving to “save” the platform. Under the new agreement, the short video platform will be operated through a majority American-owned joint venture.“I am so happy to have helped in saving TikTok! It will now be owned by a…

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