The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.
Prime Minister Narendra Modi is promoting India as a global hub for digital infrastructure and artificial intelligence, highlighting the government's incentives for data center investments and inviting the world's data to reside in India.
Country's startups are carving a unique path by prioritising local, application-led innovation over the global pursuit of scale.
Four Indian medical students injured in a stabbing attack at a Russian university are reported to be stable and recovering well. The attacker, a 15-year-old, is also hospitalized.
The proposals outlined in Budget 2026-27 represent a carefully crafted, multi-year strategy designed to strengthen India's big bets on the path to Viksit Bharat 2047, says Sameer Gupta.
The Indian Navy has been recognized as the best marching contingent among the armed forces at the Republic Day Parade. Maharashtra won for states/UTs, and the Culture Ministry for ministries/departments.
'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.
In a major counter-terror operation spanning three states, the Delhi Police has dismantled a Lashkar-e-Taiba (LeT) module comprising eight operatives, including seven Bangladeshi nationals who had illegally entered India and procured forged identity documents, an official said on Sunday.
Political analysts express skepticism about the upcoming Bangladesh general election, citing concerns over manipulation, voter participation, and the influence of money and muscle in the changed political landscape.
The last rites of veteran Congress leader and former Union minister Shivraj Patil were performed with full state honours in his home district, Latur, in Maharashtra on Saturday, with many top leaders in attendance.
A bewildered world is at a loss to find bilateral and multilateral measures to stop President Trump from pursuing his vision of a world unabashedly dominated by the United States, points out T P Sreenivasan.
Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.
The recent correction suggests that while precious metals hedge geopolitical tension and inflation, they are not immune to sharp short-term corrections and profit-booking.
The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.
'The problem is not just slower growth, but also the quality of growth.'
'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'
While many areas compete for resources, defence, education, and adaptation deserve focus for maximum impact, suggests Laveesh Bhandari.
The threat of wars hovers over the negotiations in Oman, but the good part is that Trump called the talks to be 'very good' and Iran's President Masoud Pezeshkian responded that they 'constitute a step forward', points out Ambassador M K Bhadrakumar.
US President Trump has issued emergency declarations for 10 states as authorities continue to prepare for frigid cold which will sweep across the eastern two-thirds of the country.
Once the might of the Indian establishment turned completely against the Maoists, there was no way they could survive -- either in Gadchiroli or anywhere else, points out M R Narayan Swamy.
An investigation has been launched into the authenticity of the disability certificate of Prashant Kumar Singh, who resigned as GST Deputy Commissioner in protest against remarks made against Chief Minister Yogi Adityanath. The probe was initiated following a complaint filed in 2021.
Most first-time investors may be better served by diversified options such as flexicap or multi-cap funds, which already hold pharma and healthcare stocks.
Rahul Gandhi claims the Indo-US trade deal will compromise the data security of 1.5 billion Indians, alleging Prime Minister Modi is surrendering India's data resources to the US. He warns of potential job losses in the IT sector due to AI and the importance of controlling India's data pool.
The market capitalisation of BSE-listed companies eroded by Rs 9,40,581.75 crore to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day.
A video of IAS officer Tina Dabi during flag hoisting has gone viral. She explains how the mistake happened and clears the air.
Delhi government suspends officials suspected of negligence after a motorcyclist died falling into a pit dug by the Delhi Jal Board in Janakpuri. An investigation is underway, and FIRs have been filed against the DJB and the contractor.
Textiles, pharmaceuticals, chemicals, engineering goods, gems and jewellery exports will receive a boost from the free trade agreement between India and the 27-nation European Union, according to exporters.
Bharat Electronics, Reliance Industries, Mahindra & Mahindra, Larsen & Toubro, InterGlobe Aviation, ICICI Bank and UltraTech Cement were among the other major gainers. Axis Bank, Infosys, Tata Consultancy Services, Trent and Titan were the laggards.
Senior Congress leader Shashi Tharoor met with party president Mallikarjun Kharge and Rahul Gandhi amid reports of discontent, stating that he is on the 'same page' with the leadership.
The invitation comes as the US administration moves forward with formalising the "Board of Peace" structure linked to Trump's broader Gaza roadmap.
Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.
IPL champions RCB have proposed the installation of 300-350 AI-enabled cameras at the venue and offered to bear the estimated cost of Rs 4.50 crore for this crowd management initiative.
Chhattisgarh Deputy Chief Minister Vijay Sharma met surrendered Naxalites at a rehabilitation center in Sukma, offering them a visit to the state assembly and directing officials to improve their living conditions and opportunities.
In a world fractured by uncertainty, India stands out for its policy consistency, paired with sustained ambition, points out Pritam Banerjee.
Conducted by the Karnataka Examinations Authority (KEA), KCET is a state-level entrance exam, performance in which enables admission into undergraduate courses like engineering, pharmacy, agriculture, veterinary science, and allied programmes for the academic year 2026-27.
The United States military killed a senior Al Qaeda-affiliated leader with direct links to the Islamic State ambush that targeted American soldiers in Syria in December in a strike carried out in the country's northwest region.
'The trade deficit in some sectors is huge and that is an area of opportunity to localise.'
BJP MP C Sadanandan Master addressed the Rajya Sabha, appealing for unity and highlighting the government's achievements while raising concerns about migration in Kerala.
A trade deal makes sense only if it is fair and reciprocal. If the cost is strategic dependence or loss of policy space, waiting is the wiser option, asserts Ajay Srivastava.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances