Business

India’s economic outlook remains firmly positive, with the International Monetary Fund (IMF) pointing to strong policy foundations, resilient growth and well-contained inflation in its latest assessment. The Washington-based agency said India’s performance has been underpinned by prudent macroeconomic management and a decade of structural reforms that continue to pay dividends.In a report, the IMF noted…

China’s control over rare earth elements did not happen overnight. It is the result of decades of investment across every stage of the chain — from mining and reserves to processing and technology — giving Beijing significant influence in its trade dispute with Washington. These 17 minerals are essential for defence equipment such as fighter…

Reliance Industries extended its gaining run on Wednesday, with the stock rising nearly 2% and pushing the company’s market valuation above Rs 21 lakh crore. The benchmark heavyweight closed at Rs 1,569.75 on the BSE after touching an intraday 52-week high of Rs 1,571.80. According to PTI, the stock gained 1.99% on the exchange and…

Britain’s Treasury chief Rachel Reeves delivered her tax-raising budget on Wednesday under the shadow of a major leak that exposed her proposals hours before she reached Parliament. The disclosure came from the Office for Budget Responsibility (OBR), which Reeves relies on for independent forecasts. According to AP, the leak effectively mapped out the entire fiscal…

For a country that once launched a revolution over the price of tea, America gets remarkably sentimental about the cost of turkey. Every November, economists, politicians and supermarket executives gather around a metaphorical table to debate the national poultry index, as if the fate of the republic depends on whether a 16-pound bird costs twenty…

Sebi has opened the door for more professionals to enter the advisory space by allowing graduates from any discipline to register as investment advisers (IAs) and research analysts (RAs), widening the talent pool for the two regulated categories. The regulator made the changes through separate notifications issued on Tuesday.The move replaces the earlier requirement that…

File photo: US President Donald Trump and Chinese President Xi Jinping (Picture credit: PTI) China has purchased at least 10 cargoes of US soybeans, worth around $300 million, in contracts signed since Tuesday, sources quoted by news agency Reuters claimed. The deals come a day after US President Donald Trump spoke with his Chinese counterpart…

The Union Cabinet on Wednesday approved two new corridors under Phase-2 of the Pune Metro Rail Project, setting up a major expansion of the city’s public transport network and widening access across key residential and commercial clusters. The clearance follows earlier sanctions for Line 2A and Line 2B in the same phase.The decision covers Line…

The Unique Identification Authority of India (UIDAI) has deactivated more than 2 crore Aadhaar numbers belonging to deceased individuals as part of a nationwide database clean-up, according to a government release.UIDAI has sourced verified death data from multiple government channels, including the Registrar General of India (RGI), state and UT administrations, the Public Distribution System,…

Mumbai is set for one of its biggest transport upgrades yet, with the Maharashtra government approving the detailed project report and implementation plan for Phase I of the Uttan–Virar Sea Link — a development that will anchor a larger 120-km high-speed coastal corridor. The Mumbai Metropolitan Region Development Authority (MMRDA) said on X that the…