Centre pushes states to speed up farm scheme spending, warns of fund delays

File photo: Union minister Shivraj Singh Chauhan (Picture credit: PTI) Union agriculture minister Shivraj Singh Chouhan on Saturday urged states to adopt a strategic approach to budget utilisation, warning that delays in spending allocated funds result in losses for states and hamper the timely release of subsequent central instalments. Addressing a review meeting with state…

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India Equity Strategy 2026: Capex revival likely to gain momentum; defence, capital goods, infrastructure set to benefit

India’s capital expenditure upcycle is showing early but credible signs of revival, with several investment-linked sectors likely to benefit over the next two to three years, according to Antique Stock Broking’s India Equity Strategy 2026. Improving macroeconomic conditions, policy support and rising private and household investment are laying the groundwork for a broader capex recovery.As…

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US-EU trade: Italian pasta no longer faces 107% tariff; final rates to be announced in March

The US commerce department is preparing to ease the steep tariffs planned on Italian pasta imports, reducing the duties proposed earlier this year. Italian pasta had been facing one of the highest tariff burdens among European food products entering the United States. While most European Union goods are already subject to duties of at least…

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Rupee in 2026: After 5% fall in 2025, where is the currency headed? Here’s what SBI says

In 2025, rupee fell almost 5% against US dollar, recording its weakest annual performance since 2022. However, 2026 is expected to change that, SBI predicted.Even as dollar weakened and most global currencies gained ground last year, rupee underperformed.According to a recent report by SBI Funds Management, the currency was weighed down by “muted foreign portfolio…

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IndiGo travel disruptions: How to claim compensation vouchers — details inside

Aviation gaint IndiGo officially launched its ‘Gesture of Care’ (GoC) package to assist passengers affected by flight delays and cancellations. This comes after the airline faced widespread operational disruption in early December, leaving thousand of passengers with delayed and cancelled flights.“Caring for our customers remains our greatest focus. Our Gesture of Care (GoC) is an…

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Coloured diamonds shine brighter: Ultra rich chase pink, blue stones — what’s driving the demand?

Ultra wealthy Indians are increasingly placing their bets on pink, blue and yellow diamonds, embracing the rare stones as both eye-catching statement jewellery and long-term investment assets. Coloured diamonds,far rarer than conventional white diamonds, have seen demand spiked by 20%-25% over the past year, even as prices continue to climb.According to jewellers and traders, since…

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Forex watch: India’s reserves rise by $3.29 billion to $696.61 billion; gold holdings lead the weekly jump

India’s foreign exchange reserves rose by $3.293 billion to $696.61 billion in the week ended December 26, data released by the Reserve Bank of India showed on Friday, PTI reported.The overall reserves had increased by $4.368 billion to $693.318 billion in the previous reporting week, indicating a continued strengthening of the country’s external buffer.According to…

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