The Japanese government on Friday approved a record budget for the upcoming fiscal year, to pay for everything from bigger defence spending to ballooning social security costs as inflation persists.The 122.3-trillion-yen ($782 billion) budget for the fiscal year from April 2026 will include some nine trillion yen for defence spending, as Prime Minister Sanae Takaichi…
MUMBAI: Japan’s second-largest alloy maker JFE Steel Corporation will buy a 50% stake in the steel business of Bhushan Power & Steel for Rs 15,750 crore, ramping up its play in India’s metal sector.Bhushan Power & Steel was acquired by JSW Steel in 2021 for Rs 19,350 crore through the bankruptcy process. JFE has been…
Nakamoto (NAKA) has signed definitive agreements to acquire media and events firm BTC Inc and asset management firm UTXO Management. The all-stock deal is — NAKA will issue 363. million shares for the purchase — is valued at approximately $107.3 million and expected to close in the first quarter of 2026, according to a Tuesday…
“The tea is 15 rupees,” said the tea stall vendor outside Noida Sector 16A metro station, apologetically handing over a cup of tea that had suddenly become more expensive.When asked why the price had increased, the vendor offered a brief explanation with tired eyes, the “cylinder has gone very costly.” Even the samosas and pakoras…
NEW DELHI: Around 60 lakh electors in West Bengal have been categorised as ‘doubtful’ by Election Commission, and their cases have been sent for adjudication by judicial officers appointed by the Kolkata high court. This is in line with the Supreme Court‘s directive dated Feb 20. With assembly elections in the state likely to be…
The Comptroller and Auditor General (CAG) on Thursday said that the Central Board of Indirect Taxes and Customs (CBIC) faces a sizeable staffing shortage in its audit formations, with 38 percent of positions vacant as of July 1, 2024, leading to gaps between planned and completed audits.The CAG’s report on the Department of Revenue for…
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NEW DELHI: Reliance Industries’ partners are considering joining the arbitration that the Mukesh Ambani-run firm is planning to initiate against the government for slapping a $1.55 billion demand for “unfairly enriching” by producing natural gas belonging to ONGC. Calgary-based Niko Resources Ltd, which holds 10 pct interest in RIL-operated KG-DWN-98/3 or KG-D6 block, said the partners…
NEW DELHI: In yet another strong pitch for “one nation one law”, Supreme Court on Tuesday said Uniform Civil Code (UCC) is the most effective tool to remove the prevailing discrimination against women in marriage, succession, inheritance and property rights under Muslim personal law and other customary laws.This statement – “most effective answer is UCC”…
In the very short-term, spot gold will move as per the shifts in the December Fed rate cut probability. (AI image) Gold price prediction: Gold prices are likely to be influenced by the buzz around the prospect of the US Federal Reserve cutting rates in the coming reviews, says Praveen Singh, Senior Fundamental Research Analyst-…
