Nirmala Sitharaman holds key bilateral meetings in Munich, highlights investment opportunities

MUNICH: Finance Minister Nirmala Sitharaman met Christine Lagarde, President of the European Central Bank (ECB), in Munich, Germany, among several other key dignitaries, during her ongoing visit.Both leaders were pleased…

S&P Global chief: India’s post-Covid expansion among most consistent for any major economy

NEW DELHI: Driven by structural reforms, entrepreneurial energy and a forward-looking approach to debt and development, India’s post-Covid expansion has been among the most consistent for any major economy, with…

Strategic sovereignty a guiding imperative in reshaping global economy, say CEOs

NEW DELHI: In a rapidly reshaping global economy, strategic sovereignty has emerged as a guiding imperative, as nations navigate global supply chains while safeguarding critical capabilities in an increasingly fragmented…

AI not causing mass layoffs, but changing nature of work: Study

A new study by the Indian Council for Research on International Economic Relations (ICRIER), supported by OpenAI, has sought to ease concerns about large-scale job losses due to artificial intelligence.According…

Toilets, garbage, linen: Railways overhauls of on-board services, in Gen Coaches as well

NEW DELHI: Railways is seeking to address the biggest concern of long distance passengers— train toilets. It on Saturday rolled out reforms in on-board services with focus on regular cleaning…

Gold tops investment choices among young Indians, survey finds

Gold continues to hold strong appeal among young Indians, even as access to modern financial products widens, with 62 per cent of respondents naming the precious metal as their preferred…

Cabinet clears Rs 11,000 crore highway projects in Maharashtra, Gujarat, Telangana

The Centre has given the green light to a series of highway projects worth over Rs 11,000 crore spanning Maharashtra, Gujarat and Telangana, according to official statements.The approvals were granted…

16th Finance Commission: Are federal transfers moving from support to performance?

NEW DELHI: For decades, India’s fiscal federal system has had one core element that stood out: poorer states would be supported so that growth could be shared.The 16th Finance Commission…

Cabinet clears Rs 1 lakh crore Urban Challenge Fund to drive market-led city infrastructure push

The Union Cabinet has approved the launch of the Urban Challenge Fund (UCF) with a total Central Assistance of Rs 1 lakh crore, aimed at driving market-linked urban infrastructure development…

Infra boost: Cabinet clears rail lines, tunnel, roads, metro projects worth Rs 1.60 lakh crore

Screengrab (Ashwini Vaishnaw) The Union Cabinet has cleared a series of major infrastructure projects spanning railways, roads, tunnels and metro expansion, alongside large-scale urban and startup funding decisions, with the…