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
A recent report by the Comptroller and Auditor General (CAG) has highlighted significant deficiencies in the governance and oversight of Social Audit Units in Assam, indicating a substantial shortfall in the frequency of governing body meetings. The report suggests that
Elon Musks rise to trillionaire status highlights a significant evolution in wealth accumulation, largely attributed to his stakes in Tesla, SpaceX, and xAI. With an estimated net worth of one trillion dollars, equivalent to approximately Rs 95 lakh crore, Musks
Uday Kotak, a prominent veteran banker, has expressed skepticism regarding the enormous valuation of SpaceX, referring to it as a “huge bet on the future” that does not conform to conventional financial metrics. This statement comes in the wake of
