News
DC Edit | Gold Soars On Dollar Doubts
2+ hour, 2+ min ago (305+ words) The yellow metal soared 64 per cent in 2025, its biggest annual gain since 1979, driven by safe-haven demand, US monetary policy easing, robust central bank purchases, including China's 14th straight month of gold buying in December, and record inflows into exchange-traded funds As…...
Budget 2026: Customs Overhaul, TDS Rationalisation Among Key Expectations
13+ hour, 56+ min ago (370+ words) Budget is also likely to outline the path of targeting of debt-to-GDP ratio as India's fiscal management focus shifts from managing deficit to lowering of debt New Delhi: Finance Minister Nirmala Sitharaman will present her ninth consecutive Budget on February…...
For Every Dollar Spent to Preserve Nature, $30 Goes Towards Harming It: UNEP Report
3+ day, 7+ hour ago (222+ words) Chennai: Despite a climate disaster looming large over the globe, the spending towards sustainability is just a fraction of the environmentally harmful investments. For every $1 the world invests in protecting nature, it spends $30 on destroying it, finds a report by…...
SBI IMPS Transfers to Get Costlier from Feb 15
5+ day, 3+ hour ago (216+ words) State Bank of India (SBI), the country's largest lender has revised its IMPS charges which will come into effect from February 15, 2026. The bank has clarified that IMPS transfers up to Rs 25,000 through digital channels'internet banking, mobile banking, and the YONO…...
India's Growth Momentum Remains Resilient: RBI Bulletin
5+ day, 4+ hour ago (536+ words) RBI flags resilience and reform-driven momentum, projecting India to stay the world's fastest-growing major economy despite global geopolitical and policy risks....
India Set To Transition To Upper-Middle Income Country By 2030, Says SBI Report
6+ day, 9+ hour ago (643+ words) In 1990, of the total 218 countries classified by the World Bank, 51 belonged to low income, 56 to lower-middle income, 29 to upper-middle income and 39 to high-income categories. The latest data in 2024 shows only 26 countries as low income, 50 as lower-middle income, 54 as upper-middle income…...
IMF Revises India’s FY26 Growth 0.7 pp To 7.3 pc
1+ week, 6+ hour ago (192+ words) Chennai: The International Monetary Fund has revised the growth upward 0.7 percentage points to 7.3 per cent for FY26 and 0.2 percentage points upward to 6.4 per cent for FY27. In India, growth is revised upward by 0.7 percentage points from its October forecast of 6.6 per cent…...
IMF Raises India's GDP Growth Projection to 7.3 pc for FY26
1+ week, 9+ hour ago (329+ words) "In India, growth is revised upward by 0.7 percentage point to 7.3 per cent for 2025 (fiscal FY26), reflecting the better-than-expected outturn in the third quarter of the year and strong momentum in the fourth quarter," it said in its World Economic Outlook (WEO)…...
Gold Imports At 623 Tonnes In 2025, Silver 7158 Tonnes
1+ week, 2+ day ago (315+ words) CHENNAI: Despite gold prices moving up 75 per cent in the calendar year, India imported 623.6 tonnes of yellow metal in 2025. Silver, on the other hand, found buyers for 7158 tonnes despite becoming over 160 per cent more expensive. In 2025, gold imports were down…...
Meta Hires Trump Ally Powell McCormick to Drive AI Buildout
1+ week, 6+ day ago (461+ words) Dina Powell McCormick, a former Goldman Sachs executive, is joining the company this week as president and vice chairman...