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EXPENDITURE ESTIMATES
Budget 2027: Finance Ministry sets October 12 for pre-Budget meetings, seeks spending and revenue plansAs the 2027-28 Union Budget approaches, central ministries are tasked with crafting practical fiscal estimates. The Finance Ministry emphas...
Annu Projects IPO Day 4: Issue subscribed nearly 3 times, GMP at 7%. Should you subscribe?Annu Projects IPO saw 2.93 times subscription on its final day, while its grey market premium rose to 7%, signalling modest listing gains. ...
JM Financial calls Metropolis Healthcare ‘best-value diagnostic stock’, sees up to 27% upsideJM Financial has retained its Buy rating on Metropolis Healthcare with a target price of Rs 734, implying 27.2% upside. The brokerage calls...
Govt achieves 78 pc of FY27 divestment, asset monetisation Budget target in Apr-AugThe government has achieved about 78% of its ₹80,000-crore FY27 disinvestment and asset monetisation target within five months. It has rais...
US stocks today: Nasdaq, S&P 500 rise as Nvidia revives AI rally; Fed outlook in focusNvidia's strong revenue forecast revived the AI trade and lifted the Nasdaq and S&P 500, but Wall Street's focus is quickly shifting to Fed...
India’s budget math brightens with asset sales target in sightIndia's fiscal position has improved significantly from earlier concerns. The government is set to exceed its asset sale target for the fir...
Annu Projects IPO Day 3: GMP, subscription status and key details. Should you subscribe?The Rs 175.06 crore Annu Projects IPO entered its third day of bidding on August 27, with the issue subscribed 47% on Day 2. The IPO has at...
Dollar near eight-day high as US data lifts Fed hike betsThe dollar showed a minor uptick following U.S. inflation figures that aligned with forecasts for an impending Federal Reserve rate increas...
US inflation holds at 3.7% in July, complicating Fed rate debateU.S. inflation remained unchanged in July, exceeding the Federal Reserve's target. This persistent inflation complicates the central bank's...
Indian companies step up acquisitions for AI, technology and talent: CrisilThe ratings agency said mergers and acquisitions are evolving from an occasional growth option into a core strategic tool for companies see...
M&A deals more than double as India Inc steps up growth bets: CrisilIndian companies are increasingly using mergers and acquisitions to accelerate growth. Deal volumes have more than doubled since fiscal 201...
Adani Energy wins Rs 4,700 crore Maharashtra transmission project; shares riseAdani Energy Solutions secured a significant transmission project in Maharashtra. This project will cost approximately Rs 4,700 crore and i...
Indian economic growth likely slowed to 7.1% in April-June quarter: Reuters pollIndian economic growth slowed to 7.1 percent in the April-June quarter. Consumer spending and government expenditure supported this growth ...
Gold little changed with US inflation data in spotlightGold prices held steady as investors kept a watchful eye on upcoming United States inflation data, which is expected to offer insights into...
Centre revises cost of 993 road and 190 railway projectsThe Centre has revised the cost estimates of 993 road and 190 railway projects among 1,775 infrastructure projects worth ₹150 crore and abo...
Infrastructure projects see cost overrun of Rs 3.4 lakh cr: MoSPIOngoing infrastructure projects show a Rs 3,40,504 crore cost overrun on projects over Rs 150 crore. Over 1,700 projects are monitored, wit...
11 airports to see Rs 8,622 crore private investment under 50-year concessionsIndia expects private operators to invest approximately ₹8,622 crore in eleven airports. These airports will be awarded through five bundle...
Alibaba reports 9% rise in quarterly revenueAs businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and run those ...
Global AI investment $1 trillion in 2026, to reach 1.4% global GDP by 2028: Goldman SachsGlobal investment in artificial intelligence is projected to reach around $1 trillion in 2026, with AI-related capital expenditure expected...
CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surgeThe AI cloud company also lifted its targets for 2026 revenue and adjusted profit, banking on a ballooning order book, after its revenue ...