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.
A 500 per cent tariff would effectively shut out India's goods and services exports to the US.
Capex, infrastructure development, and prudent fiscal management are the key focus areas in the Budget, says Nilesh Shah.
'We frequently discuss AI, but we're waiting for other countries to develop solutions rather than creating intellectual property ourselves.' 'We haven't yet produced comprehensive AI solutions developed in India for global markets.'
'India-Pakistan match, if it does not happen, no big deal. Honestly, for a long time now, the actual game has never lived up to the hype and the drama we built up before the match.'
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.
All along, we were told SIR was an essential exercise carried out as part of the Election Commission's regular duties. But now that the ideological mentor of the ruling party has declared that SIR is a means of detecting infiltrators, one understands the unseemly haste with which it is being carried out, notes Jyoti Punwani.
Prime Minister Narendra Modi on Sunday asserted that India is preparing with full strength to host the 2036 Olympic Games.
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.
The Lok Sabha was adjourned for the day following a dispute between the government and the opposition regarding Rahul Gandhi's request to speak before the Union Budget discussion commenced.
The rupee, which was the worst performing Asian currency in 2025 and also in January, was the best performing Asian currency on Tuesday.
The Sports Ministry has approved cross country skier Stanzin Lundup's participation in the Winter Olympics in Italy, despite a Delhi High Court order regarding Manjeet's exclusion. The decision was made at no cost to the government.
Lahore Qalandars announced the direct signing of Mustafizur Rahman for the Pakistan Super League's Season 11 following the release of the Bangladesh pacer by IPL franchise Kolkata Knight Riders.
A profile of Yumnam Khemchand Singh, the newly appointed Chief Minister of Manipur, highlighting his background in the RSS, his political career, and his association with Taekwondo.
S Badrinath reacts after Pakistan boycott India clash at T20 World Cup, joking it may be fear of India's explosive batting line-up.
The Delhi High Court has asked the Centre to explore video conferencing options for an Indian citizen detained in the UAE, to facilitate legal assistance. The court is hearing a petition filed by the detainee's sister, actress Celina Jaitly, seeking legal representation for her brother.
'We should learn from the wild world on how they live harmoniously.'
Former captain Sourav Ganguly on Sunday backed the Indian team's aggressive batting template in the T20 World Cup, saying top-order players like Ishan Kishan and Abhishek Sharma should not curb their attacking instincts even on two-paced surfaces.
'If you go by the capital expenditure, this is a good defence budget. But we will have to see if the government can keep defence spending at 2 per cent or higher in 2027-2028.'
Mohun Bagan Super Giant defeated Kerala Blasters 2-0 in the opening match of the Indian Super League season.
India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.
Finance Minister Nirmala Sitharaman announced a fiscal deficit target of 4.3% of GDP for FY27, continuing the path of fiscal consolidation. The government aims to reduce the debt-to-GDP ratio to 55.6% by BE 2026-27 and further to around 50% by March 2031.
The key question is how much of the latest growth record represents recovery from the 2020-2021 downturn, and what is the sustainable growth rate now, asks T N Ninan.
'There is a challenge in repositioning yourself, maybe reinventing yourself.'
The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday.
The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said on Sunday.
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 Supreme Court has directed the central government to investigate the possibility of a nationwide network or state-specific groups involved in the increasing number of missing children cases across India.
Finance Minister Nirmala Sitharaman on Sunday makes history as she presents a record ninth consecutive Budget that is expected to unveil measures to sustain growth momentum, maintain fiscal discipline, and contain reforms that could buffer the economy from global trade frictions, including US tariffs.
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.
Congress leader Rahul Gandhi on Tuesday alleged that Prime Minister Narendra Modi buckled under United States pressure to finalise a trade deal and 'sold off' the hard work of Indian farmers through the agreement.
President's rule in Manipur has been revoked, paving the way for a new government led by Y Khemchand Singh. The move comes after months of ethnic violence and the imposition of President's rule in February 2025.
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.
In the Indo-Pacific's new era -- where perception shapes reality faster than treaties -- the real entrapment is not of China or the United States. It is the test Japan has set for itself -- and whether partners like India, acting as balancers rather than accelerants, can help ensure that the story ends in stability, points out Varun Arya.
The High Court of Justice in London has rejected a fresh bail petition filed by diamantaire Nirav Modi, who is wanted in India in connection with the Rs 13,000 crore Punjab National Bank (PNB) fraud case.
The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.
Cuban Ambassador to India Juan Carlos Marsan Aguilera strongly condemned the US military operation in Venezuela, calling it a 'criminal act' and a 'terrorist act'. He emphasized the need for global unity to counter US unilateral actions and highlighted India's pivotal role in the evolving geopolitical landscape.
India has strongly advised its nationals to avoid travelling to Iran due to the deteriorating security situation and widespread anti-government protests.
Opposition MPs, including members of the Congress party, staged a protest in the Parliament House complex over the India-US trade agreement, controversy surrounding former Army chief MM Naravane's unpublished memoir, and the suspension of eight MPs.
President Droupadi Murmu addressed Parliament, urging unity on national issues like 'Viksit Bharat', swadeshi, and national security. She highlighted government initiatives and the nation's progress.
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