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Posted in Economy

Current growth trajectory paves way for India to be a developed nation by 2047: Jeffrey D Sachs

New Delhi: India will be a developed nation by 2047, if the country continues its current economic growth trajectory, renowned economist Jeffrey D Sachs said…

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Posted in Economy

Govt develops export monitoring framework to meet FY31 $2 trillion export target

New Delhi: The Department of Commerce has developed a structured Export Monitoring Framework which breaks down the national target into sector-wise actions across engineering goods,…

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ICRA cuts Ola Electric's rating as competition, poor brand perception hit performance
Posted in Startups

ICRA cuts Ola Electric’s rating as competition, poor brand perception hit performance

EV manufacturer Ola Electric Technologies has been downgraded by the rating agency ICRA, citing low sales, continued losses, and a delayed timeline to profitability, even…

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Posted in Economy

ADB cuts growth outlook of Asia to 4.7% as West Asia disruptions deepen

New Delhi, The Asian Development Bank (ADB) on Wednesday downgraded its 2026 economic growth outlook to 4.7 per cent from 5.1 per cent earlier for…

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Posted in Economy

RBI allows banks to extend relief measures to borrowers without their requests in disaster-hit areas

Mumbai: Banks are allowed to extend relief measures to all borrowers without waiting for their requests, according to the Reserve Bank’s revised guidelines for calamity-affected…

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SoftBank’s Masayoshi Son, left, and OpenAI’s Sam Altman.
Posted in Business

AI Worries Have Returned to Wall Street. Now Come Earnings.

AI jitters are back on Wall Street. SoftBank’s Masayoshi Son, left, and OpenAI’s Sam Altman. Shares of Oracle, CoreWeave, SoftBank and other firms tied to…

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Dhan launches Gold Vault, enables users to buy gold from the exchange
Posted in Startups

Dhan launches Gold Vault, enables users to buy gold from the exchange

Brokerage firm Dhan has launched `Gold Vault’, a product that allows retail investors to buy physical gold and silver at live prices on the commodities…

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Posted in Economy

India, Kenya discuss possibility of trade settlement in local currencies

New Delhi, India and Kenya have discussed the possibility of settling trade transactions in local currencies to further promote two-way commerce, an official statement said…

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Posted in Economy

EPFO may raise minimum pension under EPS-95; settles 83.1 million claims in 2025-26

The ministry of labour and employment is considering raising the minimum pension under the Employees’ Pension Scheme (EPS-95) beyond Rs 1000 a month, a decision…

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Posted in Economy

Argentina emerges as India’s main supplier of edible oils

Argentine Ambassador to India Mariano Caucino has stated that “Argentina and India enjoy a very elevated degree of complementarity” and pointed out that India has…

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