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Posted in Economy

India’s fertiliser subsidy bill for FY27 may rise by Rs 70,000 cr on West Asia crisis, official says

New Delhi: The government’s fertiliser subsidy bill for 2026-27 may surge by Rs 70,000 crore to Rs 2.41 lakh crore, driven by rising import costs…

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‘Track imports, manufacture in India’: Piyush Goyal pushes swadeshi production

Union Commerce and Industry Minister Piyush Goyal on Monday asked Indian businesses to closely track the country’s import trends and identify products that can be…

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Posted in Economy

El Nino spells trouble for kharif harvests across India

A study by scientists from an ICAR institute has found that El Niño events have historically reduced yields of major kharif crops in India, especially…

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Posted in Economy

EXIM Bank eyes 10% jump in loan book in FY27 despite West Asia tensions

The Export-Import Bank of India is aiming for a 10 per cent jump in its loan book in the financial year 2026-27, despite the West…

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Salesforce CEO Marc Benioff prepares to introduce OpenAI CEO Sam Altman ahead of a conversation held at Yerba Buena Theater during the first day of Dreamforce, the annual tech conference hosted by Salesforce, in San Francisco, Tuesday, Sept. 12, 2023 (Jessica Christian/San Francisco Chronicle via AP) (AP)
Posted in Business

Who is Salesforce CEO Marc Benioff who said he will not hire any more engineers?

Marc Benioff, the co-founder, chairman, and chief executive officer (CEO) of Salesforce has drawn focus in the global technology industry after saying the company would…

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Posted in Economy

SBI Report: No direct impact of oil price hike on India’s fiscal situation

New Delhi: The retail fuel price hike of Rs 3 per litre has been implemented to reduce the losses incurred by oil marketing companies (OMCs)…

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Posted in Economy

India poised for strong growth revival despite global risks: Morgan Stanley

New Delhi: Morgan Stanley believes the Indian economy may be on the cusp of a fresh growth cycle, driven by policy support, strong domestic demand…

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Posted in Economy

From queues to QR codes: A state in India may have found the fix for India’s fertiliser distribution woes

The distribution of fertiliser across states in India has long been plagued by shortages, panic buying, diversion allegations, and chaotic scenes outside cooperative societies, with…

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Posted in Economy

WPI inflation crossing 10% mark not a tail risk but a near-term base case: Report

The recent Rs 3 hike in petrol and diesel prices, announced after the Prime Minister’s national exhortation for austerity, was widely anticipated, according to a…

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Posted in Economy

PM Modi pitches bold investment vision to Europe’s top CEOs at historic ERT roundtable in Gothenburg

In a packed evening session bringing together some of Europe’s most influential corporate leaders, Prime Minister Narendra Modi addressed the European Round Table for Industry…

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