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With the Union Budget just days away, the manufacturing sector is being seen as one of the main reasons India has stayed economically resilient—even as many countries face slow growth.The Economic Survey 2025–26 has set an upbeat tone, projecting India’s GDP growth at 7.4 per cent for the current financial year. In simple terms, that…
NEW DELHI: High railway freight rates arising from cross-subsidisation are distorting competition with road transport, pushing up commodity prices, consumer inflation, and overall logistics costs, the Economic Survey 2025–26 highlighted.Reiterating the proposal in the Electricity Amendment Bill, 2026, the survey recommended the complete elimination of cross-subsidies for railways and the manufacturing sector within the next…
Who is Kevin Warsh? The Man Poised to Lead the Federal Reserve Amidst Economic Uncertainty As the US approaches a potentially pivotal moment in global economic policy, former Federal Reserve Governor Kevin Warsh has emerged as the leading candidate to replace Jerome Powell as the next Federal Reserve Chair, a decision expected to be formally…
SpaceX is exploring potential mergers with Tesla Inc or artificial intelligence startup xAI, as Elon Musk considers ways to consolidate his growing business empire.The aerospace company has held internal talks about the feasibility of a SpaceX–Tesla merger, an idea that some investors are actively encouraging, reported Bloomberg, citing sources. Separately, SpaceX is also evaluating a…
MUMBAI: Niva Bupa Health Insurance posted a profit after tax of Rs 76 crore in Q3 FY26, lifting its nine-month profit to Rs 208 crore, a rise of about 74% from a year earlier. The company said the improvement reflects progress towards sustainable profitability as scale benefits and cost controls strengthened.Gross written premium for the…
Gold and silver futures saw a sharp decline on Friday as traders locked in profits following Thursday’s record-breaking rally. On the MCX, silver futures fell by 3.04% while gold dropped 1.28%, influenced by bearish global markets and a stronger US dollar.The dramatic shift came after both metals had achieved historic highs the previous day. Silver…
Section 498A of the Indian Penal Code was introduced to provide a strong remedy against the institutionalized social vice of dowry harassment. (AI imge) In a significant judgement delivered on 22.07.2025, the Supreme Court pointed out that though laws protecting women against cruelty and dowry harassment cannot be eliminated, misuse of the same has to…
AI Revolution: Dubai Magnate Warns of Job Market Disruption, India’s Outsourcing Sector Vulnerable At the World Economic Forum (WEF) 2026 in Davos, Dubai business magnate Hussain Sajwani sounded a stark warning about the future of global employment: artificial intelligence is not just a productivity tool, it is a job-market revolution and economies dependent on outsourced…
Donald Trump (File photo) Cuba dismissed US President Donald’s Trump’s tariff threat on Friday, calling it a “brutal act of aggression”. Trump signed an executive order threatening tariffs on countries selling oil to the Caribbean island.“We denounce to the world this brutal act of aggression against Cuba and its people, who for more than 65…
The rupee is “punching below its weight”, a weakness that has made foreign investors more reluctant to commit fresh capital to India, says the Economic Survey. Between April 2025 and Jan 2026 the currency fell about 5.4% against the dollar, while the depreciation has aided adjustment to US tariffs, it has also prompted portfolio outflows…
