Indian Business
Greenland’s harsh environment and lack of infrastructure have prevented rare earth mining
Greenland’s harsh environment, lack of key infrastructure and difficult geology have so far prevented anyone from building a mine to extract the sought-after rare earth elements that many high-tech products require. Even if President Donald Trump prevails in his effort to take control of the arctic island, those challenges won’t go away.Trump has prioritized breaking…
Govt to achieve fiscal deficit target of 4.4 pc in FY26, may even better it: PwC
NEW DELHI: The government is likely to achieve the fiscal deficit target of 4.4 per cent of the GDP in FY26, and it could even better it, a positive signal to global investors about India’s commitment to fiscal management, PwC Partner and Economic Advisory Services leader Ranen Banerjee said.The revision in the nominal GDP growth…
Budget 2026: Govt should avoid hiking surcharge on super-rich, reviving wealth tax; why experts warn of capital flight
Tax experts have cautioned the government against raising the income tax surcharge on high-income individuals or reintroducing a wealth tax in the Union Budget 2026-27, warning that such moves could push wealthy taxpayers to relocate to low-tax jurisdictions and hurt investment and job creation.At present, individuals earning over Rs 50 lakh are subject to a…
Stock market outlook: Q3 earnings, inflation data in focus this week; global cues to steer sentiment
Indian equity markets are set for an event-heavy week ahead, with investors closely tracking the onset of the December quarter earnings season, key domestic and global inflation data, and developments on the global macro and geopolitical front, analysts said, PTI reported.Quarterly results from several heavyweight companies across information technology, banking, financial services and energy sectors,…
Companies flag location spoofing among hybrid, gig workers
BENGALURU: Background verification firms and corporate forensic teams are flagging cases of location spoofing, particularly among hybrid employees and gig workers. In several instances, employees have been pulled up after allegedly misrepresenting their actual work location, with such discrepancies surfacing during random audits, compliance checks, or client reviews. Investigations found that some used travel routers…
Highway build feat: NHAI sets four Guinness world records on Bengaluru–Kadapa–Vijayawada corridor; bituminous paving milestones logged
The National Highways Authority of India (NHAI) on Sunday said it has set four Guinness World Records during construction of the Bengaluru–Kadapa–Vijayawada Economic Corridor on NH-544G, marking a major execution milestone on the under-implementation project, according to a statement reported PTI.On January 6, NHAI created two Guinness World Records near Puttaparthi in Andhra Pradesh. The…
AI shopping: Google partners Walmart, Shopify and Wayfair to turn Gemini into in-chat checkout platform; what you need to know
Google has expanded the shopping capabilities of its Gemini AI chatbot by partnering with major retailers including Walmart, Shopify and Wayfair, enabling users to browse and buy products directly within the chatbot, the company said on Sunday, AP reported.The move, announced on the opening day of the National Retail Federation’s annual convention in New York,…
‘Unprecedented certainty in India’: PM Modi raises investment pitch amid ‘great global uncertainty’; highlights political stability, policy continuity
PM Modi (Photo credit- PTI) Prime Minister Narendra Modi on Sunday pitched India as a stable and predictable investment destination at a time of global flux, telling investors that the country is witnessing an era of “unprecedented certainty” even as the world faces widespread uncertainty.“Amidst great global uncertainty, we are witnessing an era of unprecedented…