2026

The Union Cabinet on Wednesday approved seven major decisions covering infrastructure, semiconductor manufacturing, mobile phone production, fertiliser and railway projects. The package includes Semicon 2.0, the Mobile Phone Manufacturing Scheme (MPMS) and the National Investment Policy for Urea-2026, with a combined outlay of Rs 2,19,353 crore.The announcements came during a press briefing after the Cabinet…

China’s economy lost pace in the April-June quarter, despite rising exports as weak domestic demand and investment dragged growth to its slowest pace in more than three years. Official data released on Wednesday showed that the economy expanded at an annualised 4.3%, down from 5% in the January-March quarter and below forecasts. Exports continued to…

AI generated image, used only for representational purpose Dalal Street made a strong comeback on Wednesday, reversing previous session’s losses as improving tech sentiments, firmer rupee, and other geopolitical cues boosted investor confidence. BSE Sensex jumped 553 points to 77,603.57 in early trade, while NSE Nifty gained 148.15 points to 24,198.40. The recovery came a…

Gold is expected to remain supported as softer-than-expected US inflation has eased immediate expectations of further Fed tightening. (AI image) Gold price prediction today: Gold prices are likely to see a constructive outlook in the near-term, while silver is supported for the long-term, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares…

Returns From ECBs, Foreign Currency Bonds On Wait & Watch Due To Longer Durations MUMBAI/NEW DELHI: Bankers expect India to draw $80-85 billion of foreign capital through the RBI’s swap-backed push spanning FCNR(B) deposits, external commercial borrowings and overseas foreign currency bonds issued by banks, though the timing of inflows is likely to be uneven…

MUMBAI: Reserve Bank of India has proposed changes to bank shareholding norms to ease investment by domestic institutional investors, while tightening disclosure and monitoring to maintain regulatory oversight. The amendments will make it easier for fund managers that are part of a financial conglomerate to acquire shares in private banks without triggering acquisition norms.RBI has…