Union Bank of India projects India’s current account deficit (CAD) may nearly double to 1.2% of GDP in FY26 due to rising trade and geopolitical tensions. A widened merchandise trade deficit and the recent US tariff hikes on key sectors…
Read More
Schneider Electric on Tuesday announced the appointment of Jai Sharma as its Chief Financial Officer (CFO) for the Greater India Zone.
Read More
A US judge ruled Google can keep Chrome and Android but must share search data with rivals to encourage fair competition. The decision highlights AI’s growing threat to Google’s dominance. It’s part of a broader US antitrust push against Big…
Read More
The CBDT has extended income tax exemptions for sovereign wealth and pension funds investing in India’s infrastructure until March 31, 2030. This move, formalized after an earlier announcement, aims to attract long-term global capital by exempting these funds from taxes…
Read More
Reliance, led by Mukesh Ambani, plans to raise approximately 180 billion rupees ($2 billion) through asset-backed securities, potentially marking one of India’s largest deals this year. The securities, backed by loans from infrastructure and telecom divisions, will mature in three…
Read More
While US Treasury Secretary Scott Bessent dismissed the SCO summit, telling Fox News it was “largely performative,” to other observers Xi has pulled off a meaningful shift in the balance of diplomatic power.
Read More