NEW DELHI: The Centre has decided to “temporarily discontinue” the fortification of rice distributed under the free foodgrain scheme (PMGKAY) and other welfare schemes, following a comprehensive review of its implementation and effectiveness.The decision was taken on Friday after a study conducted by IIT-Kharagpur, which assessed the shelf life of Fortified Rice Kernels (FRK) and…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 25, 2026. Brendan McDermid | Reuters UBS’ top equity strategist dialed back his view on U.S. stocks, citing mounting risks from a weakening dollar, stretched valuations and policy turbulence in Washington. Andrew Garthwaite, head of global equity…
The Centre’s fiscal deficit stood at Rs 9.8 lakh crore at the end of January, accounting for 63 per cent of the full-year Budget target for 2025-26, according to data released by the Controller General of Accounts (CGA), PTI reported.The deficit level was lower compared with 74.5 per cent of the annual target recorded during…
By Omkar Godbole (All times ET unless indicated otherwise) Uh-oh, the bitcoin BTC$66,077.68 price pattern that presaged the final and deepest phases of previous bear markets has appeared again. In mid-November 2018, CoinDesk discussed a bearish flip in long-term averages on a chart that bundles three days of price action into each candle. It warned…
Arvind Kejriwal challenged PM Narendra Modi to hold fresh Delhi polls, claiming a court found “no evidence” in the alleged liquor scam case. Kerala High Court stayed its single-judge order halting the release of The Kerala Story 2, allowing temporary relief to the filmmakers. Pakistan launched airstrikes on Afghan cities including Kabul and Kandahar, escalating…
Check out the companies making headlines before the bell: Advanced Micro Devices — The semiconductor maker rose about 11% after it inked a multiyear deal with Meta to lend up to 6 gigawatts of its graphics processing units to artificial intelligence data centers. The cost of the deal is unclear, but the companies’ agreement includes…
India GDP growth (AI image) India’s real GDP grew at a robust 7.8% in the third quarter of FY 2025-26 according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). This is the first GDP data that has been released by MoSPI under the new series which revises the base year for…
AllUnity, a joint venture between DWS, Galaxy, and Flow Traders, has expanded its stablecoin lineup with a new token pegged to the Swiss franc, which has emerged as a haven darling for major banks and analysts. The BaFin-regulated e-money institute has unveiled CHFAU, which is backed 1:1 by Swiss franc reserves, in response to institutional…
NEW DELHI: Congress and BJP on Friday reacted sharply to the acquittal of former Delhi chief minister Arvind Kejriwal and former deputy chief minister Manish Sisodia in the Delhi excise policy case. AAP’s on-and-off INDIA bloc ally Congress, however, expressed resentment over the leaders’ discharge alleging that the ruling BJP is a “Icchadhari Naag” who…
BEIJING — U.S. chip giant Nvidia has yet to recoup its lost sales in China, despite Washington easing some restrictions, and the company is sounding the alarm about rising competition from Chinese rivals. “While small amounts of H200 [semiconductor] products for China-based customers were approved by the US government, we have yet to generate any…
