The Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (VB-G RAM G) Act is expected to give a boost to state funds, making them collectively gain almost Rs 17,000 crore. Since its introduction, the Bill has sparked debate, particularly over concerns that the revised funding structure could place a higher financial burden on states.According to…
The Goods and Services Tax reforms, announced on September 22 gave a much needed push to consumer demand, as sales volumes for household essentials and groceries rose sharply in the October-December quarter, as compared to a year earlier.According to executives citing NielsenIQ data and internal company numbers, volumes expanded by around 9–10% in the December…
The GCC unified tourist visa will allow seamless travel across all six Gulf Cooperation Council countries/ Representative Image After months of anticipation and shifting timelines, Gulf officials have confirmed that the long-awaited unified GCC tourist visa will not launch in 2025 as earlier indicated, but will instead roll out in 2026. The clarification came in…
MUMBAI: Go Digit General Insurance board has approved a scheme to merge its holding company, Go Digit Infoworks Services, with the listed insurer, making it the first case of an insurance company merging with a non-insurance holding company after amendments to insurance laws allowed such transactions.In an exchange filing, the insurer said the board approved…
MUMBAI: In India, gold has emerged as the best performing asset class of this millennium. The yellow metal is closely followed by silver, of late the new darling of traders and investors, pushing equities to third place by a respectable distance. The scenario is not very different in the international markets too. Consider this: In…
NEW DELHI: The hunt for critical minerals is attracting new players to draw up plans to enter the crucial sector to shore up supplies. Odisha-based Indian Metals and Ferro Alloys (IMFA), a leading ferro alloys producer in the country, is planning an entry to the segment, given its experience in the mining and metals industry.“We…
Silver continued its glittering rally on Monday, surging past the $80-an-ounce mark. The white metal’s momentum was lifted by tight supplies, rising industrial demand and expectations of further US interest rate cuts. Besides silver, platinum also touched a record high, briefly.Spot silver jumped 3.8% to $82.15 an ounce, after earlier hitting an all-time high of…
SALT LAKE CITY: India has emerged as a key geography in how global enterprises analyse software productivity, with engineering intelligence firm DX saying it has surveyed more than 100,000 engineers in the country as part of its developer experience research.The data shows developers based in India consistently report 10-15% higher self-reported developer experience scores than…
IOB set to raise 4,000 crore; Centre’s stake to fall CHENNAI: Close on the heels of the Centre divesting 2.2% of its shares in Indian Overseas Bank (IOB), the public sector bank will raise Rs 4,000 crore through a qualified institutional placement (QIP) in Q4 FY26. The move will further bring down the Union government’s…
Asian markets mostly traded in green on Monday, beginning the week on a positive note as investors remained cautious but optimistic, awaiting fresh signals from the US Federal Reserve. Attention is pinned on the minutes of the Fed’s December policy meeting, which is due for release on Tuesday. Meanwhile, recent strength in precious metals also…
