China has expressed strong opposition to the United States decision to include several major Chinese companies—BYD, Alibaba, and Baidu—on a Pentagon list citing alleged connections to the Chinese military. Beijing contends that this action contravenes commitments made during the recent
Indian equity markets experienced significant growth last week, with the aggregate market capitalization of the top 10 most-valuable companies increasing by ₹1.90 lakh crore. ICICI Bank emerged as a standout performer, contributing over ₹56,000 crore to its market capitalization. This
Indian stock markets are expected to experience a week of volatility, driven by several significant factors including the upcoming US inflation data, the Federal Reserves interest rate decision, and fluctuations in crude oil prices. Analysts suggest that these developments could
Indias Chief Economic Adviser, V. Anantha Nageswaran, has publicly defended the countrys Gross Domestic Product (GDP) statistics, addressing concerns surrounding the integrity of growth figures. During a recent statement, Nageswaran asserted that India does not engage in artificially inflating its
Amazon has announced its intention to invest $35 billion in India by 2030, marking a substantial increase in its commitment to expanding various operations within the country. This investment aims to bolster Amazons e-commerce, quick commerce, artificial intelligence (AI), and
Prime Minister Narendra Modi and French President Emmanuel Macron officially inaugurated the Bharat Innovates 2026 event in Nice, aimed at enhancing collaboration in technology and innovation between India and France. This initiative serves as a platform for Indian startups and
In a recent statement, Finance Minister Nirmala Sitharaman attributed the fluctuations of the Indian rupee to a combination of global and domestic economic factors. She clarified that the Reserve Bank of India (RBI) intervenes in the currency markets primarily to
Gold prices are projected to fluctuate within a limited range as investors remain cautious ahead of key central bank policy announcements and developments related to US-Iran negotiations. In the domestic market, gold futures experienced a notable drop of more than
India is poised to enhance its domestic urea production capacity by 2.54 million tonnes with the upcoming launch of two new fertilizer plants. This initiative is part of the governments broader strategy to diminish reliance on imported urea, thereby strengthening
A recent amendment to the Income Tax Act of 1961, enacted in 2026, has introduced a variety of new provisions that will be applied retroactively, effective from June 1, 2007. This adjustment aims to address certain tax issues and clarify
