Business

India’s foreign exchange reserves rose by a sharp $8.053 billion to touch a new all-time high of $709.413 billion in the week ended January 23, extending the recent rebound after months of pressure from rupee volatility, according to data released by the Reserve Bank of India.The latest rise follows a jump of $14.167 billion in…

As the Union Budget 2026–27 approaches, education stakeholders across schools, higher education, skilling, and edtech are calling for focused policy measures and financial support to strengthen learning outcomes, employability, and workforce readiness. These expectations come amid a steady rise in education allocations over the past few years and an increased emphasis on execution and infrastructure.The…

Over the last few years, personal taxation has seen meaningful changes, particularly in the form of revised slabs By Sureshkumar SIndia enters the Union Budget 2026 on relatively strong economic footing, supported by steady growth, resilient domestic demand and continued investment in digital public infrastructure. Over the last few years, personal taxation has seen meaningful…

A determined farmer integrates solar power into his rural Indian landscape, balancing tradition with a sustainable future. NEW DELHI: Relatively slow growth in electricity demand in 2025–26, surplus power availability during solar hours leading to weak demand, and assured power availability for discoms after 2028–29 are among the reasons why renewable energy implementing agencies (REIAs)…

With Budget 2026 just a day away, focus has returned to Union finance minister Nirmala Sitharaman’s red bahi khaata and what it could hold for different sectors. First introduced in 2019, the traditional red ledger has since een representing not just a functional item, but a conscious shift away from colonial-era customs, towards a more…

India-US trade deal: Union commerce and industry minister Piyush Goyal has said that India is not disappointed over delays in the India–US trade agreement as every country will prioritise its interests. Goyal said that India remains focused on safeguarding its interests. “Not at all. Every country looks after its own interests. We have to protect…

Union Budget 2026–27 is just a day away and investors are seeking clarity on whether stock markets will operate or remain shut. The Budget is scheduled to be presented on February 1, which falls on a Sunday, raising questions over market activity as stock exchanges typically remain closed on weekends. Will stock market remain closed…

The United States has told India it can soon resume purchases of Venezuelan oil to reduce its reliance on Russian crude, Reuters reported. The move is part of a broader US effort to redirect India’s oil imports away from Russia while reshaping energy ties between the two countries. According to sources quoted by Reuters, India…

Mumbai: The rupee slipped to a record low in late trade on Friday, capping its worst monthly performance since Sept 2022, as persistent foreign portfolio outflows and strong corporate dollar demand continued to weigh on the currency despite intervention in the forex market.The rupee fell nearly 210 paise in Jan. The local unit touched an…

Bengaluru: Apple CEO Tim Cook said the iPhone maker delivered a “terrific” first quarter of the 2026 fiscal year, with India emerging as a key highlight. “We did set a quarterly revenue record during Dec. And to go a little further down, we set quarterly revenue records on iPhone and Mac and iPad, and an…