New GDP series raises growth projection for FY26 to 7.6%

NEW DELHI: India’s economy is estimated to grow at 7.6% in 2025-26, led by manufacturing and services as the country’s statistics office released revised data series with a new base year of 2022-23.The message from the revised numbers is that the economy has remained resilient against the backdrop of trade and geopolitical tensions, and India…

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UAE makes history: Central Bank launches world’s first sovereign financial cloud with AI for secure digital finance

Game-Changer for Global Finance? UAE Unveils World’s First AI-Powered Sovereign Cloud to Guard Banks and Data In a bold leap that could redefine how modern financial systems operate, the Central Bank of the United Arab Emirates (CBUAE) has announced the launch of what it calls the world’s first sovereign financial cloud services infrastructure, a secure…

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The Web of Companies Owned by Elon Musk

new video loaded: The Web of Companies Owned by Elon Musk In mapping out Elon Musk’s wealth, our investigation found that Mr. Musk is behind more than 90 companies in Texas. Kirsten Grind, a New York Times Investigations reporter, explains what her team found. By Kirsten Grind, Melanie Bencosme, James Surdam and Sean Havey February…

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Decoding 7.8% GDP growth: What changes in the new series & what it tells us about India’s road to becoming 3rd largest economy?

Several methodological improvements have been made in the way GDP is calculated. (AI image) India has retained its tag of the world’s fastest growing major economy in the third quarter of the financial year 2025-2026, with a better-than-expected GDP growth of 7.8%. This is despite the third quarter being the first full three months of…

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