At the heart of this agenda lies infrastructure. Sustained public CapEx has been one of the most defining features of recent budgets. (AI image) By Arnab Basu, Partner and Chief Industries Officer, PwC IndiaAs India advances towards achieving the government’s vision of Viksit Bharat, Budget 2026 arrives at a poignant moment in the country’s economic…
Reserve Bank of India Governor Sanjay Malhotra has welcomed the Ministry of Statistics and Programme Implementation’s (MoSPI) decision to revise the base year for key macroeconomic indicators — Consumer Price Index (CPI), Gross Domestic Product (GDP) and Index of Industrial Production (IIP) — saying the exercise will better reflect changing consumption patterns and economic structures…
US stocks opened higher on Friday, keeping Wall Street close to record levels as the first week of the quarterly earnings season drew to a close, supported by selective bank results and a rebound in oil prices.In early trade, the S&P 500 rose 0.3 per cent, while the Dow Jones Industrial Average added 116 points,…
AI generated representative image In a rare departure from the trading calendar, stocks markets will remain open on Sunday, February 1, after the BSE and NSE announced special full-day sessions to allow investors to react immediately to the presentation of the Union Budget for 2026-27 by Finance Minister Nirmala Sitharaman.Both the BSE and the NSE…
India’s foreign exchange reserves rose by $392 million to $687.19 billion in the week ended January 9, data released by the Reserve Bank of India (RBI) showed on Friday, PTI reported.The increase comes after a sharp decline in the previous reporting week, when the overall reserves had fallen by $9.809 billion to $686.80 billion.According to…
Gold prices edged lower in the domestic market on Friday, with profit-taking setting in after bullion retreated from record levels in overseas trade amid a firmer US dollar. On the Multi Commodity Exchange (MCX), gold futures for the February contract fell Rs 520, or 0.36 per cent, to Rs 1,42,601 per 10 grams, with volumes…
For years, Indian families have saved in gold, stored cash, and put money in tangible assets to safeguard their future. But now, there’s a noticeable shift is visible as more Indian households are moving away from old saving ways and putting their money to work through investments.India’s total household wealth, by the end of FY25,…
A $10-billion green hydrogen and green ammonia project at Kakinada in Andhra Pradesh is set to cross a major construction milestone, reinforcing India’s ambition to emerge as a global supplier of clean energy to markets such as Germany, Japan and Singapore.The first major equipment erection ceremony of AM Green’s Green Hydrogen and Green Ammonia Complex…
Scott Adams, the creator of the Dilbert comic strip, has passed away Scott Adams, the creator of the Dilbert comic strip, passed away a few days ago at 68 after battling cancer. For most people, he was the man who made cubicle life funny, who turned the pointy-haired boss into a universal symbol of corporate…
US visa interview wait times for Indian applicants show significant variation across cities and visa types. While Hyderabad and Kolkata offer faster appointments for visitor visas, Mumbai and New Delhi face longer delays. Student visa processing is generally quicker, with New Delhi providing the earliest slots. Employment visa availability also differs, with Mumbai showing the…
