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FEBRUARY 1 BUDGET PRESENTATION
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...- Reliance, Vedanta, Adani join India's drive to cut China rare earth dependence, sources sayIndian conglomerates Reliance, Vedanta, and Adani are among ten companies expressing interest in developing rare-earth processing facilitie...
- Microsoft's Xbox plans for major layoffs next month: ReportThe job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February.
- US refunds $22 billion in first repayments of Trump's tariffs in MayUS authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's...
- Urea imports may get 50% cheaper before kharif season as China eases suppliesIndia is set to import urea at significantly lower prices. This development follows a sharp decline in global urea rates after a recent spi...
- Agriculture Ministry's FY27 budget at Rs 1.4 lakh crore a five-fold jump from 2013-14 levelThe Modi government has five-folded the agriculture ministry budget to Rs 1.4 lakh crore for 2026-27. Over 3,000 climate-resistant crop var...
- Nintendo shares slump as games pipeline disappoints marketThe Kyoto-based company's stock price has been hammered by concerns over a lack of high-profile games to build momentum for the Switch 2 ...
- Fertiliser Ministry seeks to double subsidy from Rs 1.71 lakh crore budgeted for FY27 as Iran war hits costsWith rising prices of imported soil nutrients stemming from ongoing conflicts in West Asia, the fertiliser ministry is pushing for a substa...
- GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
- Trump calls court freeze on $100,000 H-1B fee ‘crazy’ and 'hurting our country'US President Donald Trump slammed federal judges for blocking his administration's USD 100,000 H-1B visa fee, calling the system "crazy". W...
- Indian diaspora groups welcome court ruling striking down $100,000 H-1B visa feeIndian diaspora groups in the US have lauded a federal court's decision to strike down the $100,000 H-1B visa fee, deeming it a fair move f...
- After deeptech firms, expect RDIF rollout for Indian VCs soonLast month, close to 20 Indian investors, which included Ideaspring Capital, Speciale Invest, Chiratae Ventures, Sixth Sense Ventures, and ...
- RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
- 4,800 illegal immigrants sent to Bangladesh from Bengal's border districts, says Suvendu AdhikariWest Bengal Chief Minister Suvendu Adhikari stated that 4,800 illegal immigrants have been sent to Bangladesh. He also detailed efforts to ...
- War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...
- India can regain 7% growth by FY28: Chief Economic Advisor V Anantha NageswaranIndia's Chief Economic Advisor V Anantha Nageswaran stated the nation can achieve over 7% growth this fiscal year, driven by policy measure...
- India can return to 7% GDP growth path in FY28 with macro stability, supply measures: CEA NageswaranIndia is on the brink of achieving a robust 7 percent growth in FY28, contingent on maintaining macro stability and ensuring supply chains ...
- Union Minister Bhupender Yadav launches 18 Namo Oxygen Parks in Delhi on World Environment DayUnion Environment Minister Bhupender Yadav and Delhi Chief Minister Rekha Gupta launched eighteen Namo Oxygen Parks on the occasion of Worl...
- West Bengal government holds pre-budget talks with industry bodies'West Bengal's finance department met with industry leaders for pre-budget consultations. Stakeholders presented proposals to boost investme...
- Assam govt suspends distribution of ration items for two months due to interim budgetAssam has temporarily halted the distribution of subsidized pulses, sugar, and salt under its public distribution system for two months, ef...
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