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GOVERNMENT SPENDING
Banking system surplus liquidity reaches Rs 5 lakh crore, highest in over four monthsBy the close of August, liquidity within the banking sector surged to close to Rs 5 lakh crore, fueled by government spending and inflow of...
HDFC Bank CEO exit: Orderly succession key to investor confidence, says Moody’sIn a recent assessment, Moody's Ratings pointed out the leadership transition risk stemming from HDFC Bank's CEO Sashidhar Jagdishan steppi...
Indian IT companies may see growth recovery from FY27 as AI spending shifts to enterprise adoptionIndian IT firms anticipate robust growth starting FY27. Global technology spending will shift towards AI deployment and integration. This t...
India needs investment rate of 34-35% of GDP to hit 8% growth: Surjit BhallaIndia needs a higher investment rate to achieve its ambitious eight percent growth target. Private investment revival is crucial for produc...
Delhi govt to give above Rs 2 lakh a year for senior citizen centres inside RWAs, housing societies and village chaupals where seniors can meet their friends to play gamesDelhi government will provide Rs 2.4 lakh a year to eligible senior citizen centres set up inside RWAs, housing societies and village chaup...
India’s growth gets a government lift, Bernstein flags hidden costsIndia's economic outcomes show distortions, not solely free-market forces at play. Company earnings and asset valuations are influenced by ...
Jail inmates will leave prison to work outside in the morning and return by evening to support their families; Jharkhand starts open jail reformJharkhand will allow selected jail inmates to leave prison in the morning, work outside and return by evening under a new open and semi-ope...
Charting the global economy: Price pressures continue to bubbleThe personal consumption expenditures price index, excluding food and energy, rose in line with expectations in July.
South Korea names veteran technocrat Lee Hyoung-il as new finance chief in cabinet reshuffleSouth Korea announced a significant cabinet reshuffle on Sunday. Lee Hyoung-il was appointed as the new deputy prime minister and finance m...
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...
Nearly half of BSE 200 stocks fail to deliver returns in 2026. What’s dragging them down?This year, numerous firms across various sectors are grappling with a lack of returns, a stark contrast to the previous years' performances...
Nvidia to start employee-funded US political action committeeCompanies often set up federal political action committees, called PACs, to donate to political candidates who are aligned with their cor...
UK asylum applications drop by more than a fifth: Govt dataUK asylum applications fell by more than a fifth annually, government figures showed Thursday, as ministers grapple with the politically co...
Salesforce, Anthropic deepen AI partnership to ramp up Claude useSalesforce and Anthropic are expanding their AI collaboration with Claudeforce. This new integration brings Claude's advanced reasoning dir...
US debt burden raises longer-term risks as borrowing costs riseUS government debt remains a cornerstone of global financial markets, but rising borrowing costs, persistent fiscal deficits and stronger c...
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 ...
Global market: Eurozone bond yields steady as oil prices ease, traders assess Iran sanctionsEurozone bond yields remained largely stable as investors assessed new U.S. sanctions on Iran and easing oil prices. Germany’s 10-year yiel...
US fiscal strain deepens as $40 trillion debt milestone raises treasury yield risks: JefferiesUS fiscal deterioration is increasingly becoming a key risk for global markets, with higher Treasury yields potentially putting pressure on...
China steps up fiscal support as growth weakens, domestic demand faltersChina is preparing new coordinated fiscal and financial measures for the second half of the year as economic growth weakens and domestic de...
Global Market: Eurozone bond yields edge lower after turbulent week in global debt marketsEurozone bond yields eased Friday but remained set for weekly gains amid global bond-market stress, persistent inflation and fiscal concern...