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BUDGET 2025 HIGHLIGHTS
Bank of England sees growing risk that dangers from AI and debt will materialiseThe Bank of England has identified rising risks in the financial system linked to geopolitical factors and AI debt. Central bank officials ...- Explained: How the US controls Iraq's oil revenuesUS troops are set to leave their last bases in Iraq, but Washington will retain significant economic leverage through Iraq’s oil revenues, ...
- Until June 2019, the system sending launch orders to US nuclear forces ran on 8-inch floppy disks; the Air Force kept them partly because they could not be hacked onlineThe U.S. Department of Defense has relied on outdated technology for critical systems, including nuclear command. Recent reports highlight ...
- Streaming overtakes TV in India’s content investment for first time: MPAIndia's video content investment is shifting towards online streaming as it accounts for 46% in 2025. Television's share declines to 42%, m...
- Assam’s greatest resource for industrialisation is its human resource: Finance Minister Jayanta MallabaruahAssam's Finance Minister Jayanta Mallabaruah emphasized the role of human resources in driving the state's industrialization efforts. The g...
- Rising sulphur prices put fertiliser sector under pressure, threaten higher subsidy burdenLanded sulphur prices in India have doubled since January to around $1,050-1,100 a tonne, according to industry estimates.
- Defence funds deliver 19% returns in 2026, HDFC Defence Fund leads. Should investors chase the rally or stay cautious?Defence sector funds have delivered strong returns in 2026, averaging nineteen percent year-to-date. HDFC Defence Fund led this category wi...
- Homebuyers remain bullish on real estate despite rising prices; premium homes, new launches gain traction: Anarock surveyAnarock’s H1 2026 survey shows homebuyers remain committed to residential property despite rising prices, with growing preference for large...
- What’s in a word? For India's FMCG brands, it's increasingly everythingIndian regulators are intensifying scrutiny over misleading food product claims. Companies now face legal challenges for unsubstantiated ma...
- Two 14-year-old Arizona schoolboys built robot to remove microplastics from water using LEGO, duct tape and pool noodlesTwo Arizona students created a robot to remove microplastics from waterways. Their invention, MP Guard, uses common items like LEGO and poo...
- Only 22% companies have scaled AI across business units: ReportFew organisations successfully scale artificial intelligence across business units. Many companies increase AI spending without clear finan...
- India’s space economy may grow 5x to $45 billion by 2030. Who is leading the boom?India’s private space sector is shifting from prototypes to commercial operations, with the government targeting a fivefold expansion of th...
- Toxic Twitter review: 9 tweets you must read before watching Yash, Kiara Advani's Kannada gangster action movieYash's highly anticipated movie Toxic has premiered today after numerous production delays. Early audience reviews talk about Yash's comman...
- In 1953, South Korea emerged from war with 60–70% living in extreme poverty. 71 years later, life expectancy reached 83.7 years with highest education levels anywhere in the planetSouth Korea transformed from extreme poverty after the war to a highly educated nation. Life expectancy significantly increased, reaching a...
- Exports key for mobile brands to maximize Mobile Phone Manufacturing Scheme incentives: KotakNew mobile phone manufacturing incentives will prioritize export growth for brands. Domestic market growth alone may not meet scheme target...
- The 'trustworthy' changes in the lives of India's middle classDigital payments and tax reforms have significantly altered middle-class spending habits. GST has streamlined consumption taxes, impacting ...
- Zelenskyy details rift with dismissed defense minister, saying some of his actions were misguidedPresident Zelenskyy detailed his dispute with the dismissed Defense Minister Mykhailo Fedorov. He cited misguided actions and problematic d...
- Climate damage: The next hit to Europe's public financesEurope's public finances face growing strain from uninsured climate damage, with recent extreme weather events having caused significant ec...
- Independence Day 2026: How Sensex skyrocketed 8,500% in less than 35 years since 1991 liberalisation reformsIndia’s Sensex has delivered an extraordinary 8,500% gain since the 1991 economic reforms, compounding at about 14% annually. Despite scams...
- US deficit reaches $1.8 trillion in first 10 months of fiscal 2026US federal budget deficit hit a record $432 billion in July, taking the fiscal 2026 shortfall to $1.799 trillion in the first 10 months. Hi...
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