After its deal with Intel, the US could be paving a new way to build wealth by investing in more private companies.US President Donald Trump’s top economic adviser, Kevin Hassett, said on Monday that more such investments may follow.Hassett, who heads the National Economic Council, told CNBC that Trump’s push for a sovereign wealth fund…
India’s inflation index is set for its biggest makeover in years, with the government preparing to pull price data straight from e-commerce platforms such as Amazon and Walmart-owned Flipkart. The plan marks a decisive shift in how retail inflation will be measured — bringing online shopping, streaming services and digital airfares into the equation.Officials say…
Managing money across borders can be tricky for non-resident Indians (NRIs), especially since they are not allowed to open regular savings accounts in India. To meet their unique needs, banks offer two specialised options — the Non-Resident External (NRE) account and the Non-Resident Ordinary (NRO) account. While both accounts can be held simultaneously, their purpose…
Civil aviation minister Ram Mohan Naidu Kinjarapu on Monday said the Centre aims to build 350 airports across India by 2047 as part of its vision for a ‘Viksit Bharat’, more than doubling the current tally of 162 airports, ANI reported.Speaking at the Eastern Region Ministers’ Conference on Civil Aviation, Kinjarapu said civil aviation was…
Sales growth of listed private non-financial companies slowed to 5.5 per cent in the first quarter of FY26, down from 6.9 per cent in the same period last year, according to data released by the Reserve Bank of India (RBI) on Monday. The figures were compiled from the quarterly financial results of 3,079 listed private…
US President Donald Trump said on Monday that America will be getting “richer and richer” as he hailed a landmark deal with Intel, saying their stock prices are going up.He also expressed readiness to strike more such deals, as they would bring more jobs to the country.Trump also took aim at the “stupid” people opposing…
Wall Street stocks slipped on Monday as investors turned cautious ahead of Nvidia’s earnings and fresh inflation data, with the pullback coming after a strong rally driven by expectations of potential interest rate cuts.The Dow Jones Industrial Average eased 0.1% to 45,577.09, while the S&P 500 shed 0.2% to 6,455.88. The Nasdaq Composite lost 0.4%…
Bharat Petroleum Corporation Ltd (BPCL) is exploring a greenfield oil refinery and petrochemical complex near Ramayapatnam Port in Andhra Pradesh as part of its long-term capacity expansion strategy to meet rising energy demand in India.At the company’s annual shareholder meeting on Monday, chairman and managing director Sanjay Khanna said BPCL has begun pre-project activities for…
State-owned NBCC Ltd has secured a major order worth around Rs 3,700 crore from the Rajasthan government to develop and market a 95-acre mixed-use project in Jaipur.In a regulatory filing on Monday, the company said it has been selected as the lead agency to design, build and market the proposed project, which will include the…
ITR filing: Form 16 has details of annual taxable salary income along with the personal incomes. (AI image) ITR filing FY 2024-25: The last date to file your Income Tax Return (ITR) for AY 2025-26 is approaching. This year the Income Tax Department has extended the ITR filing deadline to September 15, 2025. Before you…
