Budget 2026: How Union Budget can establish foundation for sustainable growth – top expectations

On the reforms front, the central government and the RBI’s focus on boosting consumption over the last one year is commendable. (AI image) By Gautam DuggadAs India gears up for its Union Budget in February 2026, the crucial question is whether the upcoming fiscal blueprint will focus solely on fiscal consolidation amid weak revenue growth…

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StraitX to debut Singapore and U.S. dollar stablecoins on Solana for quick currency exchange

Solana users could soon swap Singapore dollars (SGD) for U.S. dollars (USD) instantly online, marking the popular high speed blockchain’s first access to digital tokens tied to one of the premier Asian currencies. That’s because, crypto infrastructure firm StraitX said Tuesday, that it’s planning to launch its Singapore dollar stablecoin XSGD and U.S. dollar stablecoin…

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Historic low! Rupee breaches 91-mark for the first time; currency reaches 91.07 against US dollar

Rupee hit an all-time low on Tuesday, breaching the 91 level against the US dollar for the first time. With this fall, the currency extended its losing streak, repeatedly plunging to fresh record lows amid sustained foreign fund outflows and ongoing trade-related uncertainty.In the last 10 trading sessions, the currency has weakened from the 90-per-dollar…

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Credit card loans continue to slow

Mumbai: Lending through credit cards has come under sharper scrutiny as banks turn cautious amid signs of stress in the segment along with two-wheelers, commercial vehicles and micro loans against property. However, overall retail asset quality remains stable, TransUnion Cibil’s credit data for the Sept quarter showed.“In recent quarters, credit card originations declined while delinquencies…

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‘Truth prevailed’: Relief for Rahul, Sonia Gandhi in National Herald case; court refuses to take cognisance of ED chargesheet | India News

NEW DELHI: Delhi’s rouse avenue court on Tuesday refused to take cognisance in proceedings arising from a fresh FIR registered in the National Herald case, observing that the Enforcement Directorate’s probe is based on a private complaint and not on any FIR.The court also ruled that leader of opposition Rahul Gandhi, former Congress president Sonia…

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This new React bug can drain your wallets if not caught

A critical vulnerability in React Server Components is being actively exploited by multiple threat groups, putting thousands of websites — including crypto platforms — at immediate risk with users possibly seeing all their assets drained, if impacted. The flaw, tracked as CVE-2025-55182 and nicknamed React2Shell, allows attackers to execute code remotely on affected servers without…

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‘Shameless’: Video of Nitish Kumar trying to remove doctor’s hijab sparks row; oppn slams Bihar CM | India News

NEW DELHI: Bihar chief minister Nitish Kumar on Monday triggered a controversy after he pulled the hijab of a woman doctor during an appointment letter distribution programme.A video shared by the Rashtriya Janata Dal (RJD) on X shows Nitish on stage alongside deputy chief minister Samrat Choudhary and health minister Mangal Pandey.The incident took place…

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Rupee falls to fresh low! Currency continues downward streak; reaches 90.83 against US dollar

Rupee extended its downward rally on Tuesday, slipping to a record low of 90.83 against the US dollar. The currency began trading on a weak note, opening 0.1% lower at 90.79 against Monday’s close of 90.73, as continued foreign fund outflows and trade-related uncertainty weighed on the domestic currency.The muted opening follows a sharp sell-off…

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Asian stocks today: Markets slump ahead of US economic data; HSI nears 2% loss, Nikkei sheds over 600 points

Asian markets fell sharply on Tuesday, following Wall Street’s losses, as investors remained cautious ahead of the release of key US employment and inflation figures. Concerns over a potential tech bubble added to the cautious mood.Hong Kong’s HSI was trading at 25,139, down 489 or 1.91%. Nikkei also trimmed 673 points or 1.34% to 49,494….

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