Industry body Confederation of Indian Industry (CII) has called for a faster, demand-driven privatisation strategy for public sector enterprises (PSEs) in the Union Budget 2026-27, urging the government to adopt a predictable roadmap to unlock value from disinvestment and mobilise resources for capital expenditure amid global economic uncertainties.In its Budget proposals, CII suggested an accelerated…
The combined market capitalisation of seven of India’s 10 most valued companies fell by Rs 3,63,412.18 crore last week, with Reliance Industries emerging as the biggest laggard amid a broader sell-off in equities, PTI reported.The benchmark BSE Sensex declined 2,185.77 points, or 2.54 per cent, during the week, reflecting weak investor sentiment.“Indian equity markets ended…
India sold were at 2.3 million units of electric vehicle in 2025, making up 8 per cent of all new vehicle registrations, according to a new report by the India Energy Storage Alliance, based on Vahan Portal data, cited by ANI. This boost was driven by incentives offered by the government and festive seasons. The…
The FMCG sector registered a robust recovery in the December quarter, aided by GST changes, festive sales, and reduced costs of raw materials. Even Dabur, Marico, and Godrej Consumer Products reported volume growth with single-digit revenue growth along with improved operating profit margins. The rural market continued to report better sales than the urban market,…
The Confederation of Indian Industry (CII) suggested a four-fold privatisation process in their recommendations on the Union Budget 2026-27. They called for faster and more predictable disinvestment. The industry body claimed that a calibrated privatisation approach would help sustain capital expenditure and fund development priorities, particularly in sectors where private participation can improve efficiency, technology…
The Indian Micro-Fertilizers Manufacturers Association (IMMA) has requested several key changes from the central government ahead of the Union Budget. These include extending 5 per cent GST to all fertilizers under the Fertilizer Control Order, speeding up GST credit refunds, and creating a single licensing system. The association made these demands on Sunday through its…
Viral Trades Are Dying, Forget Moonshots: Dubai’s Top Crypto Minds Say This Is How You Win Profits in 2026 Dubai, January 11, 2026: With the global cryptocurrency economy evolving rapidly, crypto traders in the UAE are sharpening their strategies for what many analysts predict will be a pivotal year. According to Dubai market specialists, 2026…
US Treasury Secretary Scott Bessent (File photo) US Treasury Secretary Scott Bessent hinted at possible easing of sanctions on Venezuela’s oil exports in the next week, after the arrest of Venezuela President Nicolas Maduro by US forces. The US Treasury is also scheduled to hold discussions with the heads of the International Monetary Fund and…
PICHOR: Union Minister for Communications and Northeast Region Development and Guna MP Jyotiraditya Scindia on Saturday announced two new India Post services, Speed Post 24 and Speed Post 48, at Pichor in Shivpuri district, which will ensure delivery within 24 and 48 hours, respectively.This announcement, made through a local program, is being considered an important…
Budget to presented on February 1 (Image credit: IANS) State leaders met with finance minister Nirmala Sitharaman on Saturday for pre-budget discussions, where they reportedly asked for increased financial support for capital investments and compensation for GST revenue losses. The states also asked for more funding for urban and rural development, housing programs, and disaster…
