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88 pc global firms now have dedicated AI budgets; focus shifts to intelligent agents: Report

Nearly 88 per cent of global enterprises now have dedicated budgets for Artificial Intelligence (AI), with nearly two-thirds of them spending over 15 per cent of their overall tech budgets on AI projects, a new report said on Monday.

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Torrent Pharma to acquire JB Chemicals in ₹19,500-cr deal

Torrent will acquire 46.39 per cent stake from promoters Tau Investment Holdings Pte Ltd (a unit of global investment firm) for about Rs 11,917 crore.

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India will continue to be fastest growing economy, even perform better: FM Sitharaman

India will continue to be the fastest-growing economy at the current rate of growth – or even better – and with the monsoon being good, agriculture will definitely come up with a more positive number, Finance Minister Nirmala Sitharaman said…

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Number of new firms registered in India clocks 29 pc jump in May

The number of new companies registered in India surged by 29 per cent year-on-year in May this year to 20,718, reflecting the acceleration in economic activity, according to the latest monthly bulletin released on Monday by the Ministry of Corporate…

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India’s trade deficit may surge to $300 bn in FY26 despite lower oil prices: ICICI Bank Report

ICICI Bank projects India’s trade deficit to widen to USD 300 billion in FY26, driven by weak non-oil export performance despite moderate oil prices. Imports are expected to remain strong due to robust domestic growth. Steady service exports and remittances…

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Policy miss: 71% of small manufacturers say government skill schemes haven’t helped

While infrastructure spending boosts capital expenditure, a holistic approach combining skill development, regulatory relief, and infrastructure support is crucial for empowering MSMEs.

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News

  • Got your first salary? Here’s how young Indians are making it work

    Rather than splurging, India’s young professionals are adopting disciplined, flexible budgeting to navigate their first years of earning.

  • Large caps currently have a bigger margin of safety than mid or small caps: SBI Mutual Fund's Anup Upadhyay

    Anup Upadhyay, fund manager at SBI Mutual Fund, said about 70% of the SBI Flexi Cap Fund is now in large caps, up from 55% a year ago. In an interview with Mint, he also spoke about his outlook for the market, sectoral bets, and structural changes in the SBI Flexi Cap Fund.

  • Budget 2026 and your portfolio: Track but retain long-term focus

    The budget 2026 is just one stop on your investment journey—it does not change your destination.

  • Why naming a nominee may be the most important step in your life insurance

    Assigning a nominee in a life insurance policy ensures faster claim settlement, legal clarity and financial security for families when they need it most.

  • Is a Hiba valid for gifting property to unborn grandchildren?

    Hiba made in favour of unborn children is invalid. A key principle that governs Hiba is the fact that Hiba can be effected inter vivos or among living persons. When a Hiba is made to a child in the womb, it would stand valid only if the child is born alive within 6 months from the date the Hiba.

  • Lessons from the Binny Bansal ruling: Dubai or Singapore not an easy NRI tax arbitrage

    Recent rulings in the Binny Bansal and Tiger Global cases signal that day counts and paper relocations are no longer enough. Tax authorities are looking for real overseas substance before granting non-resident status or treaty benefits.

  • Why did you just buy five books when you needed two?

    From false scarcity to hidden fees, digital platforms are engineered to extract maximum value. Here are the psychological weapons used against your wallet.

  • Tax season turns attractive for Americans as Trump's One Big Beautiful Act delivers $1,000 in refunds

    The Internal Revenue Service officially started accepting 2025 tax returns on 26 January, launching a taxpaying season that the White House projects could deliver an additional $100 billion returns to taxpayers.

  • How to merge two PF accounts, and is a withdrawal taxable?

    The latest UAN linked to your last employer should be retained, and the older one linked to your first employment must be merged

  • The second shift: How Gen Z is building wealth after office hours

    In an economy that demands diversification to survive, the best investment you can make might just be the one you do on a Saturday afternoon.

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