The Confederation of Indian Industry (CII) has urged the Centre to adopt a wide-ranging set of reforms in the Union Budget 2026-27 to reinforce India’s investment-led growth cycle and sustain its position as one of the world’s fastest-expanding major economies, PTI reported.In a detailed submission for the upcoming Budget, CII recommended raising central capital expenditure…
The City and Industrial Development Corporation (CIDCO) has kicked off the process to evaluate the possibility of adding a third runway at the Navi Mumbai International Airport, issuing a bid invitation for a techno-commercial feasibility study, an official told PTI on Sunday.The state planning authority has launched an e-tender for the consultancy assignment, calling for…
India is poised to enter a decisive phase of economic expansion that could redefine long-term wealth creation, according to Motilal Oswal Financial Services’ 30th Wealth Creation Study, which projects a sharp acceleration in the country’s economic and consumption landscape over the next 17 years, ANI reported.The study draws a parallel with the last growth cycle,…
The Right to Disconnect Bill, 2025 — a private member’s bill introduced in Parliament last week — has reopened the conversation on work-life boundaries, even though experts say it is unlikely to become law anytime soon. The legislation, moved by NCP MP Supriya Sule, proposes giving employees the legal right to ignore work-related communication outside…
Steel Authority of India Limited (SAIL) posted strong growth in sales during April–November 2025, the Ministry of Steel said in a release on Saturday, pointing to steady domestic demand despite global challenges.November 2025 stood out, with SAIL’s total sales rising 27% compared with the same month last year. “Steel Authority of India Limited (SAIL) delivered…
As the new year approaches, a clear theme is emerging on Wall Street, the technology giants that powered the bull market may no longer dominate market gains.Strategists at firms such as Bank of America and Morgan Stanley are advising clients to look beyond the so-called Magnificent Seven, a group that includes Nvidia and Amazon and…
Chinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models, often sold at big discounts, catering to their taste for fancy electronics and comfort.That is bad news for European carmakers like Porsche, Aston Martin, Mercedes-Benz and BMW that have long dominated the upper reaches of the world’s largest…
In a light-filled workshop in eastern China, a robotic arm moved a partially assembled autonomous vehicle as workers calibrated its cameras, typical of the incremental automation being adopted even across smaller factories in the world’s manufacturing powerhouse.China is already the world’s largest market for industrial robots, and the government is pouring billions of dollars into…
The richest man in the world could more than double his $460.6 billion fortune if SpaceX succeeds in going public next year at a valuation of $1.5 trillion.SpaceX is moving forward with an insider share sale that values Elon Musk’s rocket and satellite maker at about $800 billion, setting up what could be the largest…
NEW DELHI: After a massive nationwide operation, Central Board of Direct Taxes acted against several intermediaries involved in filing income tax returns with bogus claims of deductions and exemptions under the Income Tax Act.The move followed actions in July 2025, covering 150 premises, during which more than 102 suspicious RUPPs were identified for their role…