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STATE GOVERNMENTS QUALITY SPENDING
RBI Governor Sanjay Malhotra urges states to ensure quality spending, prudent borrowingAddressing the 36th conference of state finance secretaries at the Mint Road, Malhotra appealed the states to onboard onto the Unified Lend...- Microsoft, Amazon and Google may spend $600 billion on AI in 2026. Will investors see returns?Microsoft, Amazon and Google could spend as much as $600 billion on AI in 2026, but investors want to know whether the massive investment w...
- UP cabinet approves cashless medical cover of up to Rs 5 lakh for 1.70 lakh non-teaching staffThe Uttar Pradesh Cabinet on Tuesday approved cashless medical treatment of up to Rs 5 lakh for 1,70,366 non-teaching employees associated ...
- West Asia crisis so far may cost govt Rs 1.35 lakh crore, spending cuts unlikely: ICRA Chief Economist Aditi NayarThe West Asia crisis may impose a fiscal burden of approximately Rs 1.35 lakh crore on India. Government spending has generally remained be...
- SBI's Setty sees 50 bps more rate hikes, says retail loan quality unlikely to sufferState Bank of India chairman CS Setty noted that upcoming rate hikes could affect discretionary consumption demand. He highlighted that ret...
- SBI Chairman CS Setty sees discretionary credit demand moderating, expects 50 bps rate hike in DecemberSBI chairman CS Setty expects higher interest rates to moderate credit demand in rate-sensitive sectors, particularly discretionary spendin...
- $7.7 trillion AI bet: Can hyperscalers earn enough to justify the spending?Six major hyperscalers are projected to spend $7.7 trillion on AI between 2026 and 2030, but generating adequate returns will be a challeng...
- China now spends 2.8% of its economy on research, passing the OECD average for the first time: Could US science cuts reshape the global AI and semiconductor race?China’s research spending crossed $584 billion in 2025, rising 8.2% in a year. The increase comes as Washington faces debate over federal s...
- Cities cannot be governed from state capitals, need empowered local governments: NITI Aayog's Rajiv GaubaRajiv Gauba emphasized the need for reforms in urban governance during the National Urban Conclave. He highlighted the importance of empowe...
- Silver dividends: How investing in ageing societies can boost growth and cut healthcare costsAs populations age and people work longer, governments can turn longevity into an economic opportunity by investing in accessible infrastru...
- SBI Cards Q2 profit jumps 75% YoY to Rs 778 crore as bad loan costs fall sharplySBI Cards reported a 75% year-on-year profit increase to Rs 778 crore in Q2 FY27, driven by lower credit costs and improved asset quality. ...
- India must avoid copying China's aggressive tax policies on private wealth and offshore assetsDeveloping economies often look to the US and China for cues on taxation, infra spending and policy. India, for one, must steer clear of em...
- ‘France’s protests increased polarisation — and helped the far-right’Recent protests in France erupted from student frustrations surrounding educational systems and inadequate school environments. As the move...
- CAQM meets with Delhi govt agencies to review dust pollution issuesThe Commission for Air Quality Management in Delhi held a meeting to address ongoing dust pollution problems. Agencies were instructed to c...
- State of Joy strengthens India footprint with 4,000+ retail touchpoints and plans for exclusive brand outletsState of Joy has launched Anatom, an innovative footwear collection that prioritizes comfort and practicality. This collection features Ana...
- From France to Italy, Belgium and Spain: Housing crisis, rising costs, education fuel wave of protests across EuropeProtests against living costs and housing affordability have escalated across Europe, particularly affecting youth and workers. Countries s...
- AI needs $760 billion in annual profit to justify $7 trillion infra investment by 2030: McKinseyWhile new AI businesses, products and services will contribute to returns, a significant share of the value will need to come from companie...
- Defence, debt, diplomacy: Sanae Takaichi's first year as Japan PMWednesday marks the first anniversary of Japanese Prime Minister Sanae Takaichi's leadership that has seen her alienate China, rattle marke...
- Dussehra haze hangs over Delhi as air quality slips into 'poor' zoneDelhi experienced its first 'poor' air quality day this season after the Dussehra celebrations concluded. The Air Quality Index surged to 2...
- With France embroiled in protest, a look at the nation's economic standing by the numbersFrance is grappling with significant economic challenges as public debt continues to rise, exceeding 119% of GDP. Government spending repre...
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