After its deal with Intel, the US could be paving a new way to build wealth by investing in more private companies.US President Donald Trump’s top economic adviser, Kevin Hassett, said on Monday that more such investments may follow.Hassett, who heads the National Economic Council, told CNBC that Trump’s push for a sovereign wealth fund…
Civil aviation minister Ram Mohan Naidu Kinjarapu on Monday said the Centre aims to build 350 airports across India by 2047 as part of its vision for a ‘Viksit Bharat’, more than doubling the current tally of 162 airports, ANI reported.Speaking at the Eastern Region Ministers’ Conference on Civil Aviation, Kinjarapu said civil aviation was…
The government has introduced a one-time, one-way switch facility for central government employees to move from the Unified Pension Scheme (UPS) to the National Pension System (NPS), with a deadline of September 30, 2025.According to a notification issued by the finance ministry, employees can exercise the switch option up to one year before their date…
Sales growth of listed private non-financial companies slowed to 5.5 per cent in the first quarter of FY26, down from 6.9 per cent in the same period last year, according to data released by the Reserve Bank of India (RBI) on Monday. The figures were compiled from the quarterly financial results of 3,079 listed private…
US President Donald Trump said on Monday that America will be getting “richer and richer” as he hailed a landmark deal with Intel, saying their stock prices are going up.He also expressed readiness to strike more such deals, as they would bring more jobs to the country.Trump also took aim at the “stupid” people opposing…
Wall Street stocks slipped on Monday as investors turned cautious ahead of Nvidia’s earnings and fresh inflation data, with the pullback coming after a strong rally driven by expectations of potential interest rate cuts.The Dow Jones Industrial Average eased 0.1% to 45,577.09, while the S&P 500 shed 0.2% to 6,455.88. The Nasdaq Composite lost 0.4%…
Talking about the shift in India’s policy towards China, Piyush Goyal said, “I think that shift has nothing to do with this current situation. Amidst looming 50% Trump tariffs, Commerce minister Piyush Goyal has said that India’s bettering trade ties with China are independent of the India-US trade deal talks.Talking about the shift in India’s…
Bharat Petroleum Corporation Ltd (BPCL) is exploring a greenfield oil refinery and petrochemical complex near Ramayapatnam Port in Andhra Pradesh as part of its long-term capacity expansion strategy to meet rising energy demand in India.At the company’s annual shareholder meeting on Monday, chairman and managing director Sanjay Khanna said BPCL has begun pre-project activities for…
State-owned NBCC Ltd has secured a major order worth around Rs 3,700 crore from the Rajasthan government to develop and market a 95-acre mixed-use project in Jaipur.In a regulatory filing on Monday, the company said it has been selected as the lead agency to design, build and market the proposed project, which will include the…
The adoption of 20 per cent ethanol-blended petrol (E20) could lead to a 2-5 per cent reduction in fuel efficiency, depending on the type of vehicle, according to automotive industry experts.India is fast-tracking its shift to E20 fuel, a mix of 20% ethanol and 80% petrol, aimed at lowering carbon emissions and reducing reliance on…
