The Union Budget should prioritise simpler and more predictable tax laws, alongside tax neutrality for cross-border and corporate reorganisations, to strengthen India’s appeal as a long-term destination for foreign direct investment (FDI), tax and economic experts said, reported PTI.They argued that rationalising the tax framework and lowering the cost of capital would complement ongoing reforms…
MUMBAI: IDBI Bank reported a net profit of Rs 1,935.5 crore for the quarter ended Dec 31, 2025, up 1.4% from Rs 1,908.3 crore a year earlier, aided by provision write-backs and improved asset quality. However, a sharp drop in core net interest income results in shares of the bank falling nearly 6%.Net interest income…
Global growth is projected to stay resilient at 3.3% in 2026 and 3.2% in 2027, broadly matching the estimated 3.3% outturn in 2025, according to the latest World Economic Outlook Update released by International Monetary Fund. The forecast noted a slight upward revision for 2026 and no change for 2027 compared with October 2025 projections.Beneath…
The immersive adaptation of Andrew Lloyd Webber’s musical is a hit, with some people coming back a dozen times since it began performances last summer. Source link
Kuwait Gold Prices Stable Near Record Highs Amidst Market Volatility Gold prices in Kuwait remained stable at $4,595 per ounce after a week of volatility in precious metals markets, closing firmly despite recent profit-taking and fluctuations in investor sentiment. According to a report by Kuwait’s Dar Al-Sabaik, gold futures for February delivery dipped slightly but…
A federal labor regulator says the firm, Snohetta, laid off eight employees in retaliation for trying to unionize. Source link
Representative image (AI-generated) As the Union Budget 2026 approaches, education experts have urged the government to shift focus from expanding enrolment to improving quality, infrastructure and future-ready skills. The experts added that it is crucial to harness India’s young population and fast-growing higher education sector.India has the world’s second-largest education system, with nearly 40 per…
The world economy is projected to grow faster this year than previously expected, the International Monetary Fund said on Monday, as surging investment in artificial intelligence and other technology is poised to offset the headwinds of rising protectionism. In its latest World Economic Outlook, the I.M.F. forecast that global output will hold at 3.3 percent…
Gold prices remained high on Monday as investors continued to seek safety amid rising geopolitical tensions and trade-related uncertainties.Gold and silver prices surged to fresh record levels as escalating geopolitical risks and shifting US monetary expectations boosted demand for safe-haven assets. Renewed unrest in Iran, fresh US tariff threats against several European countries over Greenland…
Cryptocurrencies fell sharply on Monday as US President Donald Trump’s threat to impose new tariffs on eight European countries rattled risk assets and boosted demand for safe-haven assets. Bitcoin slid 3.6% to below $92,000, while other major tokens also saw a sharp decline.Ether, the second-largest digital asset, dropped 4.9%, and Solana fell 8.6% as traders…
