‘India’s debt-to-GDP ratio lowest among major economies’: FM Sitharaman sees fiscal space, hints at rate cut

Finance Minister Nirmala Sitharaman on Monday said India stands out in debt management among major economies, with an overall debt-to-GDP ratio of about 81%, even as the global economy faces rising volatility and uncertainty, PTI reported.Speaking at an event organised by the National Institute of Public Finance and Policy (NIPFP), Sitharaman warned that the ongoing…

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Privacy Among Digital Euro’s ‘Hardest Political Tradeoffs’

Trade-offs between local institutions are expected to shape the digital euro’s final form, as debates continue over holding limits and privacy features. The EU Council recently announced that it is backing the European Central Bank’s digital euro design, which includes both online and offline functions. According to Apostolos Thomadakis, head of the financial markets and…

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Rail safety: Spending triples to Rs 1.17 lakh cr in FY26; Kavach expanded, CCTV rollout scaled up

Safety expenditure on Indian Railways has nearly tripled over the past decade to Rs 1,17,693 crore in 2025-26 from Rs 39,200 crore in 2013-14, with the national transporter expanding deployment of indigenous train protection system Kavach and rolling out CCTV surveillance across coaches and locomotives, the government said in response to questions in the Rajya…

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TCS revenue falls 3%, HCL’s rises 5% in Q3

BENGALURU: TCS posted a muted showing in a seasonally weak Dec quarter marred by furloughs, while HCLTech emerged as a bright spot, with management underscoring resilience in demand.Global uncertainty weighs on spending, but demand for technology-led transformation remains strong, with discretionary spends emerging selectively even as cost-takeout deals dominate client priorities. Both firms’ net profit…

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