India’s forex reserves rose $1.05 billion to $630.61 billion for the week ended January 31, the RBI said on Friday. Photograph: Lee Jae-Won/Reuters In the previous reporting week, the overall reserves had increased by $5.57 billion to $629.56 billion. This
India’s onion production is expected to rise by 19 per cent to 288.77 lakh tonne in the ongoing crop year ending June 2025, according to the agriculture ministry’s latest estimate. Photograph: PTI Photo from the Rediff Archives Production of onion
Two years after his dismissive stance on India’s AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country — and billed India as an important market not just
Activist short-seller Nathan Anderson, known for his high-profile campaigns against the likes of Adani Group, said he is closing his firm, Hindenburg Research, not because of any threat — legal or otherwise — and that he stands by all its
Skoda Auto Volkswagen India has filed a case against tax authorities over the Rs 11,000 crore (about $1.4 billion) show cause notice for alleged customs duty fraud related to the import of cars as completely knocked down units. The company
‘…that it once again shies away from renewing its commitment to strategic divestment,’ points out A K Bhattacharya. IMAGE: Finance Minister Nirmala Sitharaman shows the Budget tablet at the finance ministry before heading to Parliament to present the Union Budget
The estimated Rs 1 trillion revenue forgone from direct taxes and Rs 2,600 crore from indirect taxes has been carefully accounted for within the fiscal consolidation road map, ensuring stability while boosting demand. Budget 2025-26 delivers a carefully calibrated strategy—stimulating
Having missed the target for the current financial year, Finance Minister Nirmala Sitharaman on Saturday proposed to spend Rs 11.21 lakh crore towards capital expenditure (capex) for FY26. However, the capex target is going to be missed by about 93,000
In a significant policy shift aimed at boosting agri-productivity and rural prosperity, Finance Minister Nirmala Sitharaman on Saturday announced six new agricultural schemes while increasing the subsidised Kisan Credit Card loan limit to Rs 5 lakh from the existing Rs
Finance Minister Nirmala Sitharaman on Saturday will present her eighth consecutive Budget, which she will deliver from a digital tablet enclosed in a traditional ‘bahi-khata’ style pouch. IMAGE: Finance Minister Nirmala Sitharaman holds up a digital tablet enclosed in a
