Microsoft led a pullback on Wall Street on Thursday, with US stocks retreating from record levels after the tech heavyweight logged its steepest single-day fall in years, weighing on broader market sentiment. While gold prices also reversed sharply after a blistering run, reflecting a broader cooling of risk appetite across global markets.Microsoft sank 12.3% despite…
World Bank Group President Ajay Banga (Photo-AP) India should “think less” about tariffs and focus more on opportunities to expand trade, World Bank Group President Ajay Banga said on Thursday, as geopolitical tensions continue to cloud the global trade outlook.Interacting with media during a visit to the Central Tool Room and Training Centre (CTTC) in…
US stocks were largely directionless on Thursday, trading close to record highs as investors sifted through mixed earnings from some of Wall Street’s most influential companies, while gold surged further in an extraordinary safe-haven rally.The S&P 500 edged up by less than 0.1% and hovered near its all-time high set earlier this week. The Dow…
India’s strongest macroeconomic performance in decades has collided with a global system that no longer rewards macroeconomic success. (AI image) Economic Survey 2025-26: India stands tall in the global economic order – as the world’s fastest growing major economy that is exhibiting resilience in the face of global economic turmoil and Donald Trump’s tariff threat….
As more Indians participate in a widening range of investments, from financial instruments to property, the question of how gains are taxed is becoming increasingly relevant to middle-class taxpayers too. Whether it is selling shares after a market rally, redeeming mutual fund units, or transferring a house or plot of land, long-term capital gains or…
Benchmark equity indices Sensex and Nifty ended higher on Thursday after recovering from sharp early losses, supported by buying in heavyweight Larsen & Toubro and optimism following the Economic Survey’s growth outlook for the next financial year.The 30-share BSE Sensex rose 221.69 points, or 0.27 per cent, to close at 82,566.37. The index had slipped…
Union Budget 2026 is being pitched around growth, skills and competitiveness, but school education still gets judged by access—more classrooms, more enrolment. Education leaders argue the real test now is outcomes. Shiv Nadar School CEO Arti Dawar says sustained investment in teacher development, modern pedagogy, industry exposure and equitable tech access is essential to turn…
India is set to remain the world’s fastest-growing major economy, with real GDP growth projected at 7.4% in FY26, even as the global environment remains fragile due to geopolitical tensions, trade fragmentation and financial vulnerabilities, the Economic Survey 2025–26 said on Wednesday.Tabled in Parliament by Union finance minister Nirmala Sitharaman, the survey said India’s macroeconomic…
The Indian rupee underperformed in 2025. (AI image) The Indian rupee was the worst performing Asian currency in 2025 and has started 2026 on a poor note, hitting a lifetime low of 92 versus the US dollar. What’s causing the slide, and is it reflective of any underlying issues? The Economic Survey 2025-2026 sheds light…
India’s ongoing trade talks with the United States may finally reach the finish line this year, the Economic Survey 2026 has suggested. The Economic Survey, presented in Parliament by finance minister Nirmala Sitharaman on Thursday, said the development would help in bringing down uncertainty on the external front.“At the same time, ongoing trade negotiations with…
