US equities moved higher on Thursday, clawing back more of the losses from earlier in the week, after President Donald Trump stepped back from tariff threats linked to Greenland, easing concerns over a widening transatlantic trade rift.In early trade, the S&P 500 rose 0.7%, adding to Wednesday’s strong rebound. The Dow Jones Industrial Average gained […]
‘Indian aviation may lose Rs 18,000 cr this fiscal, up from Rs 5600 in FY25:’ ICRA
NEW DELHI: Credit rating agency ICRA has projected a sharp rise in India aviation industry’s losses to Rs 17,000-18,000 crore in FY2026, compared to Rs 5,600 crore in FY2025, due to multiple factors like slowing domestic traffic growth, increase in jet fuel prices and the depreciating rupee. Additionally, 133 aircraft of Indian carriers — representing […]
Can NRIs in UAE buy property on behalf of a friend in India? Legal ways to do so
NRI Property Deposits UAE India: FEMA Violations and Legal Risks Explained A curious dilemma facing many non-resident Indians (NRIs) in the UAE and India has recently surfaced in a legal advice column: Can an NRI pay the deposit on behalf of a friend in India who is buying property in the UAE? According to legal […]
Budget expectations 2026: Education sector seeks skilling push, digital access and student-centric financing
Education leaders and edtech executives have called for higher and better-targeted allocations in Budget 2026 to strengthen skilling, digital learning infrastructure and higher-education financing, saying education spending will be critical to India’s ambition of becoming a global talent and education hub.Ravin Nair, Managing Director, QS I-GAUGE, said the upcoming Budget must focus on outcomes, especially […]
Sagar Cements partners Sow & Reap for biochar & gasification units at cement plants
HYDERABAD: Climate-tech company Sow & Reap Chara Pvt Ltd and Sagar Cements Limited have signed a 10-year offtake agreement to deploy integrated biochar and gasification units at Sagar Cements’ Mattampally plant in Telangana, aiming to decarbonise the energy-intensive calcination stage of cement manufacturing and support the company’s net-zero emissions reduction target by 2030.Under the project, […]
UPC Volt to setup 100 MW AI-ready data centre in Bharat Future City with Rs 5,000 crore investment
HYDERABAD: UPC Volt, a joint venture between Netherlands-based UPC Renewables Group and VOLT Data Centers, plans to set up a 100 MW AI-ready data centre in Bharat Future City with an investment of Rs 5,000 crore over five years.The project is expected to create over 3,000 direct and indirect jobs during construction and over 800 […]
Nearly 60% of Indian businesses confident in scaling AI responsibly, have mature frameworks: Nasscom report
NEW DELHI: Responsible Artificial Intelligence (AI) is rapidly becoming a business imperative for Indian enterprises, moving beyond ethical intent to a strategic priority linked with trust, governance, and long-term value creation, according to Nasscom’s State of Responsible AI in India 2025 report.The report, unveiled at the Responsible Intelligence Confluence in New Delhi, reveals that nearly […]
Silver market jitters: ETFs see steep 20% drop; what’s causing the sudden drop?
Indian silver exchange-traded funds (ETFs) witnessed a sharp sell-off on Thursday, plunging up to 20% in early trade as investors rushed to exit amid heightened volatility in precious metals. The steep fall wiped out the unusually high premium at which these ETFs were trading compared to international prices and physical silver markets.Nippon India Silver ETF, […]
Budget 2026 for real estate: What FM Sitharaman can do for affordable housing – wishlist for reviving urban housing affordability
For the common man, this isn’t about chasing speculative gains—it’s about securing a stable home without overleveraging the future. By Raj KhoslaFor India’s urban middle class, owning a home remains the single largest financial aspiration—and increasingly, the most elusive one. Despite rising incomes, homeownership in cities is being squeezed by high land prices, escalating construction […]
Donald Trump at WEF Davos: US President projects $600 billion in tariff revenue; claims bigger inflows next year
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Thursday said the United States is set to receive around $600 billion in tariff revenue, adding that the figure is expected to be “much more than that” next year. Trump made the remarks while addressing the World Economic Forum (WEF) Summit […]