Business
Budget 2026: How to sustain foundations of Viksit Bharat – explained
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…
Data reset: RBI governor backs CPI, GDP and IIP base year revision, says it will sharpen policy signals
Reserve Bank of India Governor Sanjay Malhotra has welcomed the Ministry of Statistics and Programme Implementation’s (MoSPI) decision to revise the base year for key macroeconomic indicators — Consumer Price Index (CPI), Gross Domestic Product (GDP) and Index of Industrial Production (IIP) — saying the exercise will better reflect changing consumption patterns and economic structures…
Global growth outlook: India powers South Asia as world’s fastest-growing region; WEF survey sees momentum intact
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…
US markets today: Wall Street opens higher near record levels; earnings momentum, oil rebound lift sentiment
US stocks opened higher on Friday, keeping Wall Street close to record levels as the first week of the quarterly earnings season drew to a close, supported by selective bank results and a rebound in oil prices.In early trade, the S&P 500 rose 0.3 per cent, while the Dow Jones Industrial Average added 116 points,…
RIL Q3 results: Reliance Industries’ net profit rises 0.56% to Rs 18,645 crore; revenue rises 11% as Jio, O2C drive performance
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…
Forex reserves watch: India’s kitty rises to $687.19 billion; gold holdings jump
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…
Stock market open on Sunday for Budget 2026! BSE, NSE release trading schedule for February 1 – check details
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…
Bengaluru metro travellers attention! BMRCL adds seventh train; aims to reduce yellow line peak-hour waits
Metro commuters on Bengaluru’s Yellow Line are set to get some relief during peak hours, as waiting times have been reduced following the induction of a seventh train into passenger service by Bangalore Metro Rail Corporation Limited (BMRCL) on January 15.With the additional train, peak-hour services from Monday to Saturday will now operate at a…
Fundamental shift from savers to investors: What Indian households are doing with their money?
For years, Indian families have saved in gold, stored cash, and put money in tangible assets to safeguard their future. But now, there’s a noticeable shift is visible as more Indian households are moving away from old saving ways and putting their money to work through investments.India’s total household wealth, by the end of FY25,…