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Posted in Economy

General govt capex-to-GDP likely to stay around 5% in FY26, lower than FY25P and FY24 peak: Report

The general government capital expenditure (capex) as a share of GDP in FY26 is likely to remain around 5 per cent, which is lower than…

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Space-tech firm GalaxEye to launch world's first multi-sensor EO satellite in 2026
Posted in Startups

Space-tech firm GalaxEye to launch world’s first multi-sensor EO satellite in 2026

Space-tech start-up GalaxEye on Monday said it will launch the world’s first multi-sensor Earth observation (EO) satellite ‘Mission Drishti‘ in the first quarter of next…

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Another billionaire quits UK and moves to UAE: 41-year-old Revolut founder joins exodus
Posted in Business

Another billionaire quits UK and moves to UAE: 41-year-old Revolut founder joins exodus

Nik Storonsky, co-founder of digital banking app Revolut, is the latest billionaire to leave the UK. Storonsky has officially changed his residency from the UK…

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India is one of the best places to deploy capital, says ACTIS chairman Torbjorn Caesar

London-based Actis, which has invested $2 billion in infrastructure in India, will deploy more than that in the country over the next three to four…

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Posted in Economy

Trade talks US Envoy Gor meets commerce secretary

US ambassador-designate Sergio Gor on Sunday held talks with Commerce Secretary Rajesh Agrawal on India-US economic ties with the two sides looking at ways to…

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Posted in Economy

India exports 7.75 lakh ton sugar in 2024-25

India is estimated to have exported 7.75 lakh tonnes of sugar in the marketing season that ended September, trade body AISTA said on Sunday, urging…

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Posted in Economy

India taking up export barriers with Russia

India has identified more than 65 non-tariff barriers faced by its marine exports to Russia as well as the hurdles that its agricultural exports are…

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Posted in Economy

Afghan FM invites India to invest in minerals, requests opening of Wagah border

Afghanistan’s Foreign Minister Amir Khan Muttaqi has invited India to invest in the country’s minerals and requested New Delhi to help facilitate trade through the…

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TT Jagannathan, the name behind Prestige appliances, was popularly known as the 'Kitchen Mogul' (Facebook/Butterfly Kitchen Appliances)
Posted in Business

Butterfly’s heartfelt tribute to Prestige patriarch TT Jagannathan| Business News

In a heartfelt gesture, kitchen appliance maker Butterfly on Sunday honoured the memory of TT Jagannathan, chairman emeritus of the TTK Prestige group with a…

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Pai-led research group urges Finance Commission to mandate a cap on GST cess

A team of experts led by venture capitalist TV Mohandas Pai has urged the 16th Finance Commission to cap cess and surcharges to protect the…

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