March 13, 2026

stabilisation

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FM Sitharaman says Rs 1 lakh crore stabilisation fund will help govt face global headwinds

contact@dailyupdatesindia.com02 mins

The Centre is setting up a Rs 1 lakh crore Economic Stabilisation Fund to strengthen its ability to manage external disruptions and maintain fiscal stability, finance minister Nirmala Sitharaman said on Friday.Intervening in the Lok Sabha during the debate on the second batch of supplementary demands for grants, she said the proposed fund is designed…

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IT sector outlook: Demand shows early stabilisation; AI productivity gains keep growth muted

contact@dailyupdatesindia.com03 mins

India’s information technology (IT) services sector is showing tentative signs of demand stabilisation, even as visibility into calendar year 2026 remains uncertain, according to a report by Goldman Sachs.The report highlighted that major IT firms reported sequential revenue growth in the latest quarter, with the sector expanding 1.5 per cent quarter-on-quarter. “While there are early…

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