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…
India is set to continue driving South Asia as the world’s brightest growth region even as a majority of global economists brace for weaker economic conditions in 2026, according to the World Economic Forum’s latest Chief Economists Outlook released on Friday.The survey, published ahead of the annual WEF meeting in Davos next week, shows that…
Mukesh Ambani-led Reliance Industries Ltd (RIL) reported largely stable earnings for the December quarter, with consolidated profit inching up marginally even as revenue posted double-digit growth, supported by steady operating performance across its businesses.The conglomerate reported a marginal 0.56 per cent year-on-year rise in consolidated net profit attributable to shareholders at Rs 18,645 crore for…
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…
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…
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…
Deloitte India has urged the government to use the FY27 Budget to strengthen India’s trade resilience by expanding export credit and concessional financing for MSMEs, while also earmarking funds for exploration and overseas access to critical minerals, according to its Budget expectations released on Friday .Highlighting the central role of small enterprises in the economy,…
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…
Indian equities traded in green on Friday, as NSE Nifty50 soared over 25,800 and BSE Sensex gained over 700 points. However the indices later trimmed their gains, with Sensex trading at 83,712, up 329 points or 0.4% while Nifty50 gained 25,743, higher 78 points or 0.31% as on 12:30 pm.Ajay Bagga, Market expert told ANI…
The International Monetary Fund has highlighted India’s position in world economy, saying that New Delhi continues to play a crucial role in driving global economic growth, with recent indicators pointing to stronger-than-expected performance. Addressing reporters during a media briefing on Thursday, IMF spokesperson Julie Kozack said that India has emerged as one of the world’s…
