‘India-US trade deal will unleash animal spirits’: Economist Surjit Bhalla sees China benefitting if doesn’t happen

According to Surjit Bhalla, the significance of an India-US trade agreement extends well beyond the issue of trade balances. (AI image) The comprehensive India-US trade deal can reshape India’s economic growth path, economist and author Surjit Bhalla has said. According to him, the significance of an India-US trade agreement extends well beyond the issue of…

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PM Kisan 21st installment today: Eligible farmers receive Rs 2,000; how to track status & beneficiaries

Prime Minister Narendra Modi released the 21st installment of the PM Kisan scheme at an event in Coimbatore, Tamil Nadu, on Wednesday. Under this disbursal, eligible farmers will receive Rs 2,000 directly in their bank accounts through Direct Benefit Transfer (DBT).The government has reiterated that completing eKYC is compulsory for all registered PM Kisan beneficiaries….

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Microsoft says legacy banks are hitting a breaking point as AI takes over the heavy lifting

Artificial intelligence is pushing financial systems toward a model where machines execute transactions at scale, raising new challenges around control, oversight and infrastructure, said Microsoft and Chainalysis executives. Bill Borden, corporate vice president of worldwide financial services at Microsoft, said Tuesday that legacy systems will face increasing pressure as transaction demands grow more complex. The…

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Adani group bets big on aviation! Plans to invest Rs 1 lakh crore in next 5 years; will bid ‘very aggressively’ for 11 more airports

The Adani Group plans to invest Rs 1 lakh crore in its airports business over the next five years, betting on strong and sustained growth in India’s aviation sector, according to Jeet Adani, director of Adani Airports. Speaking to news agency PTI ahead of the launch of commercial operations at Navi Mumbai International Airport, he…

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Middle East conflict may hit India’s exports beyond region if prolonged, says government

A prolonged conflict in Middle East could begin to hurt India’s exports not just to the region but also to other global markets, as disrupted supply chains ripple outward, commerce secretary Rajesh Agrawal said on Saturday, He also urged the pharmaceutical industry to reduce dependence on imported raw materials and build more resilient export and…

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