MUMBAI: Growth has accelerated in recent years and the Indian economy is assured of a continuously improving economic trajectory, deputy governor Poonam Gupta said.Delivering the 14th Foundation Day Lecture at the Centre for Development Studies, Gupta said India’s expansion has become more durable and predictable. “High, stable and accelerating growth, and more predictable economic outcomes […]
Govt targets 1.8 lakh crore from PSU listings by fiscal ’30
NEW DELHI: The Centre aims to raise nearly Rs 1.8 lakh crore through equity divestment in state run firms led by initial public offers (IPOs) over the next four years as part of the second phase of the national monetisation plan, data released by govt’s policy think tank Niti Aayog showed.The National Monetisation Pipeline (NMP) […]
Gadgets Now Awards 2025 recognise tech excellence
NEW DELHI: The Times of India Gadgets Now Awards 2025 celebrated last year’s standout gadgets at an event on Monday where technology met glamour. The event drew an eclectic gathering of distinguished guests who came together to recognise technological excellence across key categories, including smartphones, smartwatches, audio products, televisions and more.This year, the Awards that […]
IT biz to grow 6.1% in FY26 despite AI headwinds
MUMBAI: Navigating twin disruptions – intensifying geopolitical uncertainty and the rapid rise of AI-native competitors – India’s technology industry is leaning on its strengths of scale, engineering depth and delivery resilience. Despite AI-led disruption that rattled stock prices, India’s tech sector is on track to grow 6.1% to $315 billion in FY26, according to Nasscom.The […]
India, GCC sign joint statement to launch free trade agreement negotiations
Union Minister of Commerce and Industry, Piyush Goyal and Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (Photo credit- PTI) India and the Gulf Cooperation Council (GCC) have formally launched negotiations for a comprehensive Free Trade Agreement (FTA) after signing a joint statement aimed at deepening trade and investment ties between the two […]
Govt to sell up to 4% stake in IRFC via OFS; floor price set at Rs 104 per share
The government will divest up to a 4 per cent stake in state-owned Indian Railway Finance Corporation Ltd (IRFC) through an Offer for Sale (OFS) beginning Wednesday, according to a regulatory filing by the company.The floor price for the OFS has been fixed at Rs 104 per equity share, IRFC said, adding that the stake […]
How long will Jamie Dimon stay as JPMorgan CEO? Bank chief signals ‘few more years’ at the helm
JPMorgan Chase CEO Jamie Dimon (Photo-AP) JPMorgan Chase CEO Jamie Dimon signalled he plans to remain in charge of the largest US bank for “a few years,” offering fresh clarity on leadership succession even as the lender projected strong investment banking and trading performance, Reuters reported.Speaking at the bank’s Investor Day in New York, Dimon […]
Capillary Technologies to acquire Mastercard’s Session M for $20 mn
BENGALURU: Loyalty management platform operator Capillary Technologies India late Tuesday announced the acquisition of Mastercard-owned Session M, in an all-cash $20 million deal.The Bengaluru-headquartered company, which went public in November 2025, will invest into Session M Inc and related entity Session M Czech Republic, through Capillary Pte Ltd, as per a stock exchange disclosure.Founded in […]
US stocks today: Wall Street steadies after AI sell-off as chip deal lifts sentiment
US stocks traded largely steady on Tuesday, a day after sharp losses driven by fears that artificial intelligence could disrupt businesses and industries, even as investors found some reassurance in fresh AI-related investment momentum.The S&P 500 slipped 0.1%, after falling 1% in the previous session amid concerns over AI’s long-term economic impact. The Dow Jones […]
Fastag may go tagless with AI, says DPI architect
BENGALURU: India’s next-generation Fastag system may not require a physical tag at all. Vehicles could be identified through roadside cameras, their type and number detected in real time, and tolls deducted automatically without a windshield sticker, Pramod Varma, a key architect of India’s digital public infrastructure (DPI), said on Tuesday.Speaking at the ConvoZen Conversational AI […]