Even as India’s GDP growth has beaten forecasts so far this financial year – the big question is can it continue to grow well amidst the global economic storm? (AI image) India is the world’s fastest growing economy – with an over 6-7% GDP growth rate – the world’s fifth largest economy is driving global…
With gold and other assets accounting for a growing share of reserves, India’s strategy echoes steps taken by bigger holders such as China. (AI image) In a big shift for one of the top five largest economies, India’s holdings of US Treasuries have seen a drop, sliding to the lowest level in five years. The…
The Union Budget 2026 may maintain the fiscal deficit at 4.4% of GDP in FY27, according to Nuvama, as the economy shows fragile momentum. The government might focus on deregulation and disinvestments to support growth, rather than fiscal expansion, with a continued emphasis on sectors like semiconductors and AI. As the Budget 2026 approaches, the…
Ahead of the Union Budget 2026, industry leaders from the pharmaceutical and MedTech sectors have called for a structured funding framework to deepen innovation and research and development (R&D), saying this is critical for realising India’s Viksit Bharat vision.Dr Reddy’s Laboratories Ltd Chairman Satish Reddy said India’s pharmaceutical industry is undergoing a strategic transition from…
With the Union Budget 2026 set to be presented on February 1, the healthcare industry body NATHEALTH has urged the government to raise public healthcare spending to over 2.5 per cent of GDP and take urgent steps to address the rising burden of non-communicable diseases (NCDs).In its pre-Budget recommendations, NATHEALTH said the roadmap aims to…
Micron Technology’s $2.75-billion semiconductor facility in Sanand, Gujarat, is expected to begin commercial production by the end of February, IT and electronics minister Ashwini Vaishnaw said. Speaking to ET on the sidelines of the World Economic Forum in Davos, Vaishnaw said that pilot production is already underway at four semiconductor plants, with one now ready…
Planning a bank visit? You might want to reschedule, as banks are set for a four-day holiday, beginning from January 23 till January 26. Keeping track of bank holidays is crucial for customers to plan their finances in advance and avoid last-minute inconvenience. It is important to note that banks in India follow a combination…
Gold’s intraday technical structure has turned constructive, supported by EMA crossover, improving RSI, and a positive MACD setup. (AI image) Gold price prediction today: Gold’s intraday construct is positive and investors can look to buy on dips, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near…
US President Donald Trump, on Friday, hailed TikTok’s new deal and thanked Chinese President Xi Jinping for approving to “save” the platform. Under the new agreement, the short video platform will be operated through a majority American-owned joint venture.“I am so happy to have helped in saving TikTok! It will now be owned by a…
While gold carries immense emotional and cultural significance, in its idle form it contributes little to economic activity. (AI image) By Shaji VargheseIndia stands at a pivotal juncture where inclusive growth must extend beyond metros to Tier-2, Tier-3, and rural economies. One powerful yet underutilised lever in this journey is household gold. In recent years,…
