Trump says India will buy oil from Venezuela
This follows the US easing sanctions on Venezuela’s oil industry. Trump also suggested China could secure a deal for Venezuelan crude, indicating a shift in global oil trade dynamics.
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Oracle plans to raise $45 billion to $50 billion in 2026
“Oracle is raising money in order to build additional capacity to meet the contracted demand from our largest Oracle Cloud Infrastructure customers, including AMD, Meta, NVIDIA, OpenAI, TikTok, xAI and others”, the company said in a statement.
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CFOs call Budget 2026 balanced, laud customs reforms, but flag execution risks
Chief financial officers (CFOs) across sectors have described Budget 2026 as balanced and progressive, with no major negative surprises. The budget, they said, laid a clear emphasis on manufacturing-led growth, infrastructure build-out, simpler taxation and lower compliance friction.
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Investment in data centres may cross $200 bn, nuclear energy important to power it: Vaishnaw
The minister said the sector has received an investment proposal of $90 billion, of which $70 billion has started moving into the construction phase.
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Budget Series Live: What Budget 2026 means for BFSI and Finance Leaders
As markets and institutions parse the fine print of Finance Minister Nirmala Sitharaman’s ninth consecutive Budget, ETBFSI and ETCFO go live with the fourth and final episode of their Budget Series to decode what Budget 2026 means for banks, NBFCs,…
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Union Budget 2026: Sitharaman proposes overhaul of accountant definition under safe harbour rules to boost Indian firms globally
Sitharaman said that the government will set up a Joint Committee of Ministry of Corporate Affairs and Central Board of Direct Taxes for incorporating the requirements of Income Computation and Disclosure Standards (ICDS) in the Indian Accounting Standards (IndAS) itself.
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