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Posted in Economy

Data centres draw 40% of institutional capital in the June quarter

New Delhi: Data centres emerged as the second-largest recipient of institutional capital in the June quarter, accounting for 40% of total investments, as rapid AI…

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RBI Special Windows Seen Big Enough to Bring in $100B
Posted in Economy

RBI special windows seen big enough to bring in $100B

Mumbai: India’s latest suite of dedicated forex-inflow programmes could net about $100 billion, nearly three times the proceeds from the last such exercise during the…

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India, Canada aim to conclude CEPA trade pact by end-2026: MEA
Posted in Economy

India, Canada aim to conclude CEPA trade pact by end-2026: MEA

New Delhi: India and Canada are working towards concluding negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) by the end of 2026, said the…

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Govt's urban reset: Centre divides ministry of Housing and Urban Affairs into two specialised verticals
Posted in Economy

Govt’s urban reset: Centre divides ministry of Housing and Urban Affairs into two specialised verticals

New Delhi: In a major structural push to reset urban governance and accelerate infrastructure development, the Centre has executed a complete top-to-bottom overhaul of the…

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Forex Wall may Fall for SEZ Services Exports to DTA
Posted in Economy

Government plans to ease forex rule for SEZ services exports to domestic tariff areas

New Delhi: The commerce and industry ministry is working on a Cabinet note to redefine services by doing away with the condition that mandates service…

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Processed Food Exports Gain Steam, US Leads the Rise in Global Appetite
Posted in Economy

Processed food exports gain steam, US leads the rise in global appetite

New Delhi: India’s processed foods exports are on an upswing, driven by increasing sales of items such as instant coffee in Russia and frozen potato…

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Warren Buffett says most investors should choose a low-cost S&P 500 ETF.  (AP Photo/Nati Harnik, File) (AP Photo/Nati Harnik)
Posted in Business

Warren Buffett says most investors should buy an S&P 500 ETF. Here’s why he recommends it

If you are a new bee investor, pick a fund that tails the S&P 500 and put your money in it. At least that’s what…

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Amazon AI spending is paying off as strong cloud growth sends shares higher and adds $25 billion to Jeff Bezos’ net worth.  (REUTERS/Abdul Saboor) (REUTERS)
Posted in Business

Amazon’s AI bet pays off as Jeff Bezos gets $25 billion richer, replaces Brin

Amazon shares jumped about 14% shortly after trading opened on Friday. It was the company’s biggest one-day gain in more than 10 years. The last…

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Posted in Economy

Government aims to complete Mumbai’s Coastal Road project by Dec 2028: Union Minister Piyush Goyal

Mumbai: Union Minister and MP from Mumbai, Piyush Goyal, on Sunday said the government intends to complete the Bandra-Versova-Bhayander Coastal Road project by December 2028,…

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SpaceX earnings, US jobs report and AI spending will test Wall Street’s rally as investors look for signs of real returns from the AI boom.
(Photo by ANGELA WEISS / AFP) (AFP)
Posted in Business

Wall Street AI boom faces reality check as SpaceX earnings and US jobs data arrive

Wall Street is heading into another important week after a strong run for stocks. The coming week will bring several major events that could test…

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