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India’s maritime sector seen drawing Rs 80 lakh crore investment; Vizhinjam to emerge as global hub, says Sonowal

India’s maritime sector is projected to attract investments of more than Rs 80 lakh crore in the coming years, helping the country regain its long-lost nautical supremacy and generate over 1.5 crore jobs, Union Shipping Minister Sarbananda Sonowal said on Saturday.Speaking at the inauguration of the second phase of development of Vizhinjam port in Thiruvananthapuram,…

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UPC Volt to setup 100 MW AI-ready data centre in Bharat Future City with Rs 5,000 crore investment

HYDERABAD: UPC Volt, a joint venture between Netherlands-based UPC Renewables Group and VOLT Data Centers, plans to set up a 100 MW AI-ready data centre in Bharat Future City with an investment of Rs 5,000 crore over five years.The project is expected to create over 3,000 direct and indirect jobs during construction and over 800…

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Hyderabad’s AM Group to set up 1GW AI compute hub in Gr Noida at $25 billion investment

Representative image (AI) HYDERABAD: Energy transition player AM Group (AMG), which is backed by the founders of Greenko Group, plans to set up a 1 GW (gigawatt) high performance AI infrastructure hub in Uttar Pradesh’s Greater Noida region at an investment of $25 billion.The mega project, aimed at setting up a high-performance compute hub to…

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Ahead of Budget 2026: Centre completes key direct tax changes; aims to boost investment certainty and ease compliance

The Centre has completed the implementation of several major direct tax reforms announced in recent Union Budgets, with an aim to boost investment certainty and reduce the compliance burden for taxpayers. As the presentation of the Union Budget 2026-27 approaches, the ministry of finance shared details of the legislative changes through a post on X.A…

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Trump expands investment portfolio: $100 million bond purchases disclosed; $2 million invested in Netflix, Warner Bros

US President Donald Trump purchased around $100 million in municipal and corporate bonds between mid-November and late December, his latest financial disclosures showed. The investments included up to $2 million in Netflix and Warner Bros Discovery bonds bought shortly after the companies announced their merger.The disclosures, posted Thursday and Friday, showed that most of Trump’s…

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The cartoonist who got it right: Scott Adams’ 87-word financial masterclass remains the best investment advice ever written

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…

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Power sector has investment potential of over Rs 40 lakh crore: Khattar

NEW DELHI: India has an investment potential of over ₹40 lakh crore in the power sector, Union minister Manohar Lal Khattar said on Thursday at a curtain-raiser for a global conference on the power sector.“We estimate an investment potential of over $345.97 billion in electricity generation and $68.22 billion in transmission and distribution. The energy…

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