Power push: India emerges as preferred hub for data centres, says Piyush Goyal

India is well placed to attract large-scale investments in data centres as the country faces no shortage of electricity and its national power grid is capable of meeting future demand surges, Union minister Piyush Goyal said on Monday, ANI reported.Addressing a press conference on the energy sector, Goyal said India’s integrated national grid of 500…

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Mercosur hurdle: French objections and farm protests freeze EU trade deal; Brussels faces credibility test

France’s last-minute opposition and mounting farmer protests are threatening to derail the European Union’s long-delayed free-trade agreement with South America’s Mercosur bloc, raising fresh doubts over whether the pact can be signed this year, AP reported.Angry European farmers, fearing cheaper agricultural imports and tougher competition, have taken to the streets in Brussels just as EU…

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‘Can a dead economy grow at 8.2%?’: FM Sitharaman rebuts Trump remark in Lok Sabha; cites IMF ratings upgrade

Finance Minister Nirmala Sitharaman on Monday cited India’s strong growth and sovereign rating upgrades to counter claims that the country was a “dead economy”, telling the Lok Sabha that such upgrades would not have been possible if the economy were weak, PTI reported.Responding to Opposition members who sought the government’s reaction to US President Donald…

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US markets today: Wall Street opens higher; investors brace for jobs, inflation data

Wall Street opened the new week on a cautious positive note on Monday, with investors positioning themselves ahead of a heavy slate of economic data that could influence interest-rate expectations and market direction.In early trade, the S&P 500 rose 0.3%, while the Dow Jones Industrial Average gained about 150 points, or 0.3%. The Nasdaq Composite…

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Skill push: Centre to incentivise states, districts to partner industry for local skill planning; AI to map jobs and workers

The government plans to incentivise states and districts to work closely with industry to identify and address local skill gaps, adopting a hyper-local approach to build a future-ready workforce, a senior official told PTI on Monday.Addressing the CII Smart Manufacturing Summit 2025, Secretary in the Ministry of Skill Development and Entrepreneurship Debashree Mukherjee said the…

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Rupee sinks further: Rupee hits new all-time low of 90.74 vs dollar; trade deal uncertainty, FII outflows weigh

The rupee on Monday weakened further to close at a fresh all-time low of 90.74 against the US dollar, after slipping as much as 90.80 during intra-day trade, amid lingering uncertainty over an India–US trade deal and continued foreign fund outflows, according to market participants.At the interbank foreign exchange market, the local currency opened at…

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Gold price today: How much 22K, 24K gold costs in your city today; check rates for Delhi, Mumbai & more

Gold prices surged to a fresh all-time high in futures trade on Monday, rising Rs 1,874 to Rs 1,35,496 per 10 grams, supported by strong cues from global markets. On the Multi Commodity Exchange (MCX), February gold contracts climbed 1.4%, extending their weekly gains to Rs 3,160, or 2.42%. The rally mirrored firm trends overseas,…

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Advance tax deadline today: December 15 instalment due; who must pay, penalties and how interest adds up- Explained

If you earn income beyond a fixed salary or have multiple income streams, December 15, 2025, is a tax deadline you cannot afford to overlook. Missing or underpaying advance tax does not trigger a one-time fine, but monthly interest penalties that continue to accumulate quietly until assessment.Under India’s “pay as you earn” framework, advance tax…

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China’s $1 trillion trade surplus! Winning on the export front — how is Beijing dealing with Trump’s tariff hit

China posted an unprecedented $1 trillion trade surplus in the first 11 months of the year, brushing aside steep tariffs imposed by US President Donald Trump and highlighting deep global appetite for low-cost Chinese goods. The record surplus comes a year after Chinese manufacturers rushed to ship goods abroad after Trump’s election victory, in predicting…

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