Intel plans $15 billion share sale as turnaround rally lifts stockIntel is gearing up for a monumental fifteen billion dollar share sale aimed at boosting its chip manufacturing capabilities. This strategi...
CAG report flags fall in Delhi’s contribution to national GDPA CAG report shows Delhi's GSDP growth was slower than the national economy. Revenue receipts grew, driven by tax collections, while non-ta...
Over 50% event-goers travel inter-city as outstation mobility and discretionary spending surgeIn India, over half of event goers venture outside their home cities, with respondents from non-metro areas demonstrating even more frequen...
How Adani’s $125 billion capex boom is creating new winners on Dalal StreetAdani Group's massive investments in infrastructure are proving advantageous for various publicly traded companies. These affiliates are no...
India’s education spending share drops below UNESCO’s 15% standardIndia's education funding remains below UNESCO's public expenditure benchmark. Lower secondary completion rates lag significantly behind th...
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...
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 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...
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...