Singapore will invest more than Sg$1 billion ($785 million) in public research on artificial intelligence through 2030, as the city-state looks to strengthen its technological capabilities and sharpen its global competitiveness, the government said on Saturday.The funding will be used to set up “world-class” AI research centres, build capabilities to support industrial applications of artificial…
Trump and Carney (File photo) US President Donald Trump on Saturday warned Canada and its Prime Minister Mark Carney over making any deals with China. Refering to Carney as “governor”, he said that US will impose 100 per cent tariffs if Canada makes any such deals.“If Governor Carney thinks he is going to make Canada…
India’s residential real estate market moved into a phase of normalisation in 2025, with housing sales moderating from elevated levels even as prices stayed firm, reflecting a more disciplined and resilient market structure, according to a report by digital real estate transaction and advisory platform PropTiger.Across the top eight cities, all-India residential sales declined 12%…
The National Stock Exchange (NSE) has set up an investor awareness pavilion at the 49th International Kolkata Book Fair, stepping up its outreach efforts to promote financial literacy and informed investing among the public.The pavilion, which opened on January 22, will remain operational for 14 days at Boimela Prangan in Bidhannagar, NSE said in a…
Each year, the Union Budget draws the nation’s attention as it defines the country’s economic direction for the new financial year. As Finance Minister wields the fiscal scalpel, focussed on tax rates, rebalancing expenditure, and setting priorities, every Indian household, business and policymaker watches keenly to understand what they will gain or lose.Past budgets have…
(AI image generated using ChatGPT) The date for the presentation of the Union Budget is drawing closer and everyone is speculating what Nirmala Sitharaman‘s bahikhata might just be holding. More than just a government financial statement, the event is a roadmap for taxation, spending and public policy that influences how the economy performs over the…
MUMBAI: Payments infrastructure startup Juspay has raised $50 million in funding from new investor WestBridge Capital at a valuation of $1.2 billion, becoming the first unicorn of the year.The investment includes a mix of primary and secondary transactions, the company said in a statement on Friday. In a secondary deal, a firm’s shares change hands…
The precious metals refining industry is looking to the government to resolve customs duty imbalances that leave domestic refiners at a competitive disadvantage compared with bullion imports routed through free trade agreements, MMTC-PAMP Managing Director and CEO Samit Guha said on Friday.Guha noted that the issue extends beyond MMTC-PAMP and affects the entire refining ecosystem,…
Capital markets regulator Sebi has cleared initial public offering plans of 12 companies, according to a regulatory update released on Friday.These firms are Hella Infra Market, the parent company of construction-tech platform Infra.Market, Purple Style Labs, Jay Jagdamba Ltd, UKB Electronics, CMR Green Technologies, Transline Technologies, Medicap Healthcare, Oswal Cables, BVG India, Sai Parenteral’s, Commtel…
European Union vice-president, Kaja Kallas, arrived in New Delhi on Saturday, marking her first official visit to India. The visit comes amid intensified diplomatic engagement between India and the EU.MEA spokesperson Randhir Jaiswal welcomed the official in a post on X, saying the visit builds on regular high-level engagements and comes at a timely moment…
