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CAG flags Rs 42 crore power subsidy to dormant consumers in Delhi, questions targeting of schemeCAG flagged Delhi government's power subsidy scheme irregularities and questioned beneficiary targeting. Over Rs 42 crore was disbursed to ...- Airtel’s Nxtra steps up data centre push with two stake dealsNxtra Data is acquiring stakes in Rochak Systems and Rovision Tech Hub. This move aims to expand its data centre capacity significantly ove...
- Appropriation Bill for FY23 excess spending approvedParliament approved a bill authorizing funds for certain FY23 expenditures. The bill covers two expenditure items, with one being a large d...
- Alphabet seeks up to $25 billion in US bond sale to fund AI spendingIn a strategic move, Alphabet is aiming to raise $20 billion to $25 billion through a US bond offering, occurring shortly after a significa...
- Capex push has revived private investment as India advances towards Viksit Bharat: Nirmala SitharamanFinance Minister Nirmala Sitharaman outlined Viksit Bharat's vision for a developed nation. She stated that 2047 is an immediate national h...
- Alphabet seeks up to $25 billion from its latest bond sale: BloombergAlphabet is seeking up to twenty-five billion dollars from its latest U.S. bond offering. This move comes after the tech giant's capital sp...
- Rajya Sabha passes Appropriation No.3 Bill authorising Rs 54,067 crore excess spending for FY23The Rajya Sabha approved the Appropriation Bill for excess spending. This bill covers expenditures from the financial year ending March 31,...
- Novelis targets debt reduction as it aims to bring leverage below 4xBy fiscal year-end, Novelis expects its net leverage ratio to fall beneath four times, as they wind down their peak capital expenditure eff...
- SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mountSpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data cent...
- SpaceX posts 92% revenue surge, but stock tumbles 7% in after-hours. Here's whySpaceX reported a strong debut quarterly performance as a public company, with revenue surging 92% year-on-year to $7.8 billion in the Apri...
- New EPF wage ceiling of Rs 25,000? Who will benefit and what it means for EPF subscribers; here’s what the report saysThe Expenditure Department has granted approval to increase the EPF wage ceiling to Rs 25,000, aiming to expand mandatory provident fund an...
- UP government presents first supplementary Budget worth Rs 59,019.54 crore amid Samajwadi Party protestUttar Pradesh tabled its first supplementary Budget for 2026-27, seeking additional expenditure of over Rs 59,000 crore. Proceedings were d...
- Rs 2.45 lakh crore and counting: India's R&D spend nearly doubles in three yearsIndia’s R&D spending nearly doubles to Rs 2.45 lakh crore, with Tamil Nadu and Karnataka leading state-wise investment.
- Centre releases Rs 1.09 lakh crore to states, advances August tax devolutionThe August 1 release is in addition to the regular monthly devolution due on August 10, giving states an early fiscal boost as they step up...
- Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax coll...
- China emerging as long-term AI winner despite semiconductor market volatility: JefferiesChina leads the artificial intelligence race, particularly in consumer markets. Global semiconductor stocks face volatility, nearing 200-da...
- AI selloff knocks South Korea, Taiwan down global market cap rankingsSouth Korea and Taiwan market caps declined significantly after initial gains. This fall was driven by concerns over artificial intelligenc...
- SAIL exceeds Q1 capex target from Rs 2,306 cr to Rs 2,575 crSteel Authority of India exceeded its capital expenditure target for the first quarter. The company chairman highlighted contained borrowin...
- Coal India Ltd to fire up capex with ₹68,000 cr spendCoal India plans a significant capital expenditure of ₹68,000 crore over four fiscal years. These investments will focus on capacity expans...
- Coal India's Q1 capex rises by 16.64% to Rs 3,399 croreCoal India's capital expenditure rose sixteen point six four percent to three thousand three hundred ninety-nine crore rupees. Land acquisi...
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