New Delhi, Feb 4 (IANS) As the Union Budget announced tax holiday for data and cloud centre companies, Finance Ministry sources on Wednesday clarified four essential conditions for foreign firms to meet to become applicable for the exemption.
New Delhi, Feb 4 (IANS) The seasonally adjusted HSBC India Services PMI touched a two-month high of 58.5 in the month of January, from December's 58.0, noting quicker expansions in new business intakes and output, the S&P Global data showed on Wednesday.
New Delhi, Feb 4 (IANS) The Union Budget 2026–27 prioritised durable growth, fiscal prudence and execution certainty over short‑term market appeasement, a report said on Wednesday.
New Delhi, Feb 4 (IANS) US entrepreneur Elon Musk’s net worth surged past the $800 billion mark after SpaceX acquired his artificial‑intelligence firm xAI, making him the richest person in history by a wide margin.
Mumbai, Feb 4 (IANS) The Indian equity markets posted moderate gains on Wednesday morning with broad-based gains across sectors, weighed down by losses in IT stocks due to AI-driven ‘SaaSpocalypse’.
New Delhi, Feb 4 (IANS) After the Union Budget 2026 and the historic India-US trade deal, all eyes are now on the three-day Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting that begins from Wednesday, with the key repo rate decision on Friday.
New Delhi, Feb 4 (IANS) The Atomic Minerals Directorate for Exploration and Research (AMD), a constituent unit of DAE, is carrying out exploration and augmentation of minerals of rare earth group elements along the coastal and inland placer sands as well as in hard rock terrains in several potential geological domains of the country, informed the government.
Washington, Feb 3 (IANS) The India-US trade deal announced by US President Donald Trump is a “very significant” development and could reshape economic ties between the two countries, Atul Keshap, President of the US-India Business Council (USIBC), said on Tuesday.
Mumbai, Feb 3 (IANS) Global and Indian brokerages on Tuesday largely welcomed the India–US trade deal, calling it a major positive for India’s economy, corporate earnings and foreign investment sentiment.
New Delhi, Feb 3 (IANS) The Ministry of Civil Aviation on Tuesday issued a rejoinder on the news item relating to the purported malfunction of the fuel cut-off switch on Air India’s Boeing B787-8 aircraft VT-ANX in London.
