NEW DELHI: Prime Minister Narendra Modi on Friday condoled the loss of lives in the devastating fire at two godowns in Kolkata’s Anandapur area and announced ex-gratia assistance for the victims from the Prime Minister’s National Relief Fund.In a statement, the PMO said, “The recent fire mishap in Anandapur, West Bengal is very tragic and…
The Economic Survey 2025-26 arrives with an unusual degree of calm. Inflation, it says, is likely to remain muted in the medium term. Growth prospects remain healthy, though revised. Banks are stable, balance sheets are stronger, and domestic demand continues to hold up even as the global economy grows more uncertain.That calm matters. It changes…
:Crypto Daybook Americas By Omkar Godbole (All times ET unless indicated otherwise) The crypto market’s beating on Thursday spurred industry heavyweights into “plunge protection” mode, a term for coordinated moves to steady a sinking ship. As bitcoin neared $81,000, the lowest since November, and analysts warned of a deeper drop, Binance sprang into action. The…
NEW DELHI: In a significant push to strengthen India’s biomedical and clinical research ecosystem, directors of 20 All India Institute of Medical Sciences (AIIMS) institutions on Thursday signed a Memorandum of Understanding to set up a Pan-India collaborative research consortium.The agreement was signed during the meeting of AIIMS Directors convened at AIIMS, New Delhi, marking…
As finance minister Nirmala Sitharaman prepares to present the Union Budget for FY 2026-27 on February 1, the exercise also draws attention to how India’s most important economic document has evolved – from a colonial-era English text to a more accessible public instrument. Colonial origins of the Budget India’s first Union Budget was presented on…
Bitcoin BTC$82,746.90 is on track to end January underperforming gold for the sixth straight month as investors ignore the largest cryptocurrency’s “digital gold” moniker and seek the safety of a metal that’s historically been seen as a haven in times of economic and geopolitical turmoil. The bitcoin-to-gold ratio, the amount of gold equivalent to 1…
NEW DELHI: As India prepares for the Union Budget for 2026–27, scheduled to be presented on February 1, it is worth noting that when the country’s budgetary journey began, in a vastly different India, still finding its feet after independence.India’s first Union Budget was presented on November 26, 1947, three months after the country attained…
With the Union Budget just days away, the manufacturing sector is being seen as one of the main reasons India has stayed economically resilient—even as many countries face slow growth.The Economic Survey 2025–26 has set an upbeat tone, projecting India’s GDP growth at 7.4 per cent for the current financial year. In simple terms, that…
Shukla with lead author Swati Dubey | Credit: Aloke lab, IISc BENGALURU: A toxic chemical long considered hostile to life on Mars, may not be an obstacle to building on the Red Planet after all. Instead, it could turn out to be an unlikely aid. Researchers at IISc, working with scientists at IISER-Kolkata and Isro…
SpaceX is exploring potential mergers with Tesla Inc or artificial intelligence startup xAI, as Elon Musk considers ways to consolidate his growing business empire.The aerospace company has held internal talks about the feasibility of a SpaceX–Tesla merger, an idea that some investors are actively encouraging, reported Bloomberg, citing sources. Separately, SpaceX is also evaluating a…
