India’s services sector saw a significant boost in August. The growth hit a 15-year high due to strong demand. New orders increased sharply, supported by international demand. Companies passed on rising costs to customers. Overall inflation may rise soon. Business…
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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…
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Schneider Electric on Tuesday announced the appointment of Jai Sharma as its Chief Financial Officer (CFO) for the Greater India Zone.
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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…
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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…
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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…
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