The Centre’s fiscal deficit stood at Rs 9.76 lakh crore at the end of November, accounting for 62.3% of the full-year budget estimate for 2025-26, government data released on Wednesday showed, PTI reported.The deficit was higher than the 52.5% recorded during the same period last year, reflecting a faster pace of expenditure relative to revenue…
NEW DELHI: India on Wednesday successfully carried out a salvo launch of two indigenously developed Pralay missiles in quick succession from the same launcher off the coast of Odisha, marking a key milestone in user evaluation trials. According to a statement from the defence ministry, the tests were conducted at around 10.30 am near the…
As Berkshire Hathaway marks Warren Buffett ‘s official retirement Wednesday, attention is shifting to a less settled part of the succession plan: the fate of its $300 billion equity portfolio. For decades, Berkshire’s stock holdings have reflected Buffett’s long-term investing judgment and his willingness to deploy capital aggressively during market turmoil. With no obvious successor…
MUMBAI: Fino Payments Bank, promoted by Fino PayTech, received in-principle approval from the Reserve Bank of India (RBI) in early December 2025 to transition into a small finance bank, enabling lending operations after restructuring. Fino PayTech’s major shareholders are Bharat Petroleum, ICICI Bank group, Blackstone and Intel Capital. In an interview with TOI, Rishi Gupta,…
Crypto asset manager Bitwise filed with the U.S. Securities and Exchange Commission to introduce 11 crypto “strategy” exchange-traded funds (ETFs) including aave AAVE$149.32, uniswap UNI$5.9037, zcash ZEC$524.89, SUI$1.4473 and TAO$222.94. The Tuesday N-1A filing details an approach that includes investing up to 60% of a fund’s assets directly in the underlying token, with the remainder…
This is a representative AI image “There are two days in the year that we can not do anything, about yesterday and tomorrow,” Mahatma Gandhi once said. But between those two days lies memory, and 2025 gave India plenty to remember.It was a year of extremes. Of faith and fury, viral moments and violent turns,…
AI image means for representation purposes only As 2025 comes to a close, India’s tax framework stands notably altered, shaped by a year-long sequence of reforms that extended well beyond routine income tax changes and into investments, compliance and digital assets.What unfolded over the year was not a single reform but a nuanced reset touching…
Gold prices edged lower on Wednesday, December 31, with MCX gold futures slipping sharply after recent volatility. MCX gold fell by Rs 1,140, or 0.8 per cent, from its previous close of Rs 1,36,666 to touch an intraday low of Rs 1,35,526. The decline came after a strong rally earlier in the week that was…
Russia on Wednesday said that its forces are advancing in northeastern Ukraine, with President Vladimir Putin ordering the expansion of a territory that Moscow describes as a “buffer zone” along the border in 2026, according to Russian state news agencies.Chief of the General Staff Valery Gerasimov said Putin had directed the expansion of the buffer…
Republic Day 2026 parade: Camels, ponies and dogs to march on Kartavya Path; Army’s four-legged warriors make historic debut NEW DELHI: India’s Republic Day parade in 2026 will feature a rare and striking spectacle, with an animal contingent of the Indian Army marching along Kartavya Path for the first time, highlighting their vital role in…
