As finance minister Nirmala Sitharaman prepares to present the Union Budget for FY 2026-27 on February 1, the exercise also draws attention to how India’s most important economic document has evolved – from a colonial-era English text to a more accessible public instrument. Colonial origins of the Budget India’s first Union Budget was presented on…
SpaceX is exploring potential mergers with Tesla Inc or artificial intelligence startup xAI, as Elon Musk considers ways to consolidate his growing business empire.The aerospace company has held internal talks about the feasibility of a SpaceX–Tesla merger, an idea that some investors are actively encouraging, reported Bloomberg, citing sources. Separately, SpaceX is also evaluating a…
Who is Kevin Warsh? The Man Poised to Lead the Federal Reserve Amidst Economic Uncertainty As the US approaches a potentially pivotal moment in global economic policy, former Federal Reserve Governor Kevin Warsh has emerged as the leading candidate to replace Jerome Powell as the next Federal Reserve Chair, a decision expected to be formally…
Gold and silver futures saw a sharp decline on Friday as traders locked in profits following Thursday’s record-breaking rally. On the MCX, silver futures fell by 3.04% while gold dropped 1.28%, influenced by bearish global markets and a stronger US dollar.The dramatic shift came after both metals had achieved historic highs the previous day. Silver…
Donald Trump (File photo) Cuba dismissed US President Donald’s Trump’s tariff threat on Friday, calling it a “brutal act of aggression”. Trump signed an executive order threatening tariffs on countries selling oil to the Caribbean island.“We denounce to the world this brutal act of aggression against Cuba and its people, who for more than 65…
The rupee bounced back on Friday morning, gaining 9 paise to trade at 91.90 against the US dollar. This recovery was helped by falling global oil prices but was limited by a strong dollar and foreign investors pulling money out of Indian stock markets.The currency started trading at 91.89 and briefly touched 91.87 before settling…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for January 30, 2026 are State Bank of India (SBI), and Jayaswal Neco Industries. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYIndian benchmark indices witnessed a rebound during current week, with the Nifty extending its…
Mumbai: The rupee ended Thursday at 91.96 to the dollar, down 18 paise from its previous close of 91.78, after slipping to a record low near the 92 level before recovering marginally on dollar sales by public sector banks on behalf of RBI. The dollar index edged up about 0.12% to around 96.27, adding to…
London: Brent oil futures prices jumped on Thursday, hitting a near six-month high on rising concerns about a possible US military attack on Iran, Opec‘s fourth-largest producer with output of 3.2 million barrels per day.“The immediate concern … is the collateral damage done if Iran takes a swing at its neighbours or possibly even more…
Against the backdrop of global challenges and heightened uncertainty, the Survey has backed reforms, including regulatory entities, and called for “creating a cadre of professionals”, who are adept in regulatory design and implementation, to improve the ease of doing business.“Policy reforms do matter. Process reforms arguably more so. Processes define the interaction between govt and…