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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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Bike ambulance framework in the works, rollout from 2027
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Bike ambulance framework in the works, rollout from 2027

New Delhi: Two-wheeled ambulances are set to become operational across the country from October 1, 2027, to support rapid emergency response and last-mile access to…

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Rajya Sabha passes MSME bill to curb payment delays

New Delhi: The Rajya Sabha on Monday passed the Micro Small and Medium Enterprises (MSME) Development (Amendment) Bill, 2026, which aims to address delayed payments…

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Rejig of global tax reporting rules to cover digital finance
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Rejig of global tax reporting rules to cover digital finance

New Delhi: India has overhauled its global tax reporting framework to reflect the rapid evolution of digital finance, expanding foreign account tax compliance Act (FATCA)…

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Mfg Activity Hits 5-yr Low as Growth of New Orders Slows
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Manufacturing activity hits 5-year low as growth of new orders slows

New Delhi: India’s manufacturing activity slowed to its weakest pace in nearly five years in July as growth in new orders, input purchases and hiring…

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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)
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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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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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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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