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Posted in Economy

Auto PLI disbursals to reach Rs 4,000 crore in FY27

New Delhi: The government expects to disburse about ₹4,000 crore this fiscal year under the production-linked incentive scheme for automobile and auto components (Auto-PLI). These…

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Posted in Economy

India, Uzbekistan should double bilateral trade in three years, says Piyush Goyal

New Delhi: India and Uzbekistan should aim to double bilateral trade over the next three years, commerce and industry minister Piyush Goyal said on Monday,…

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Palantir stock has fallen over 40%. (REUTERS)
Posted in Business

Palantir stock down 40% ahead of earnings: AI and software giant stuck in worst-of-both-worlds bind

Palantir shareholders have had a rough run as the shares have lost more than 40% from their November peak, turning what was once a high-flying…

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Strategy sold 1,638 Bitcoin for $104.7 million and raised $290.6 million through shares (Photographer: Andrey Rudakov/Bloomberg) (Bloomberg)
Posted in Business

Strategy sells 1,638 bitcoin for $105M, boosts cash reserve to $4 billion

The Strategy is selling Bitcoin instead of buying more. The company sold 1,638 Bitcoin for about $104.7 million, at an average price of $63,957 per…

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Posted in Economy

Global crop survey key highlight of upcoming rice conference

A coordinated global crop survey and projecting future prices based on expected global demand and supply of rice, would be the key features of the…

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Posted in Economy

Taxation laws amendment bill: Government proposes simplified exemption framework for offshore funds

New Delhi: Finance Minister Nirmala Sitharaman is likely to introduce a bill in Parliament soon to “significantly simplify” the framework governing offshore investment funds by…

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Apple stock fell after strong Q3 2026 results as investors worried about weak guidance, rising costs, iPhone demand and the company's AI growth outlook. (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
Posted in Business

Apple stock fell 7.4% and lost $426 billion in 2 days. Here’s what Wall Street fears

Apple reported its best third quarter in five years, with strong growth across its business. Net sales increased 16.4% year over year in fiscal Q3…

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Government invites applications for 30 products' import quota under India-Oman trade pact
Posted in Economy

Government invites applications for 30 products’ import quota under India-Oman trade pact

New Delhi: The government Monday invited applications for the allocation of 2026-27 import quotas for 30 products including dates, marble, and aluminium ingots, under the…

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Alibaba stock climbed after the company launched its powerful Qwen3.8-Max AI model (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
Posted in Business

Alibaba stock jumps 4.5% after launch of Qwen3.8-Max AI model boosts investor confidence

Alibaba’s US-listed shares jumped around 4% to 4.5% in pre-market trading after the company launched its newest AI model, Qwen3.8-Max. This strong AI announcement made…

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Posted in Economy

Kharif sowing dips 3% to 894 lakh ha despite 81% coverage of normal area

New Delhi: Area sown to kharif crops such as rice has declined by 3 per cent to 894.22 lakh hectares till July-end this season, even…

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