The rupee is nearing the 95 per dollar mark due to persistent external pressures like high crude oil prices and capital outflows. The Reserve Bank of India is allowing a calibrated depreciation, balancing policy trade-offs rather than aggressively defending the…
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The Central Government has maintained the retail inflation target at four per cent for the five-year period starting April 1, 2026, and ending March 31, 2031. According to a notification issued by the Ministry of Finance, the upper tolerance level…
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China’s chip industry is showing strong growth momentum as a global sprint to build AI infrastructure creates an explosion in demand, sparking higher capital spending and capacity expansion as chipmakers race to keep up, executives said on Wednesday.
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The Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Regional Connectivity Scheme-Modified UDAN for a period of 10 years with a total outlay of Rs 28,840 crore, with the budgetary support of the Central Government.
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A new bill aims to strengthen oversight of foreign-funded organizations. It proposes a dedicated authority to manage assets of non-profits whose licenses are cancelled. This move seeks to prevent misuse of foreign funds and ensure accountability. The government asserts the…
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The Finance Bill has been passed by the Lok Sabha on Wednesday, marking a key step in implementing the Central Government’s Budgproposals for the fiscal year 2026-2027. Finance Minister Nirmala Sitharaman had moved the bill in the House on Monday.
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