FM Nirmala Sitharaman in Chicago India has met its fiscal deficit target for 2025-26, Union finance minister Nirmala Sitharaman said on Sunday, asserting that the government has stayed on its planned path of fiscal discipline.“We have given ourselves a fiscal discipline path on the fiscal deficit as well. We have fulfilled the trajectory. The last…
Bank holidays in September 2026 September is set to bring a mix of festivals and regional holidays for bank customers, with branches in different parts of the country scheduled to remain closed across several days during the month. According to the Reserve Bank of India’s holiday calendar, bank holidays vary across cities and states, so…
Cars queue to refuel at fuel stations in Russia (Image credit: Reuters) India has emerged as a major energy supplier to Russia, exporting almost 1 million barrels of gasoline over the past two months as Moscow turned to overseas supplies amid a worsening domestic fuel shortage.Russia’s seaborne gasoline imports reached a record of around 125,000…
Consumers ask artificial intelligence for advice but less than half trust it Traditionally, shopping advice came from friends, parents, relatives and even online reviews. Now, consumers have found an unlikely shopping companion — artificial intelligence, though it is yet to earn the same level of trust.Generative AI and other digital tools are increasingly becoming part…
India Inc sales growth accelerates to 19.4 per cent in Q1 FY27, manufacturing leads recovery: RBI MUMBAI: The country’s foreign exchange reserves rose by $12.4 billion in the week ended Aug 21, to an all-time high of $729.3 billion, driven largely by non-resident deposits drawn through a special scheme under which RBI took over the…
NEW DELHI: HDFC Bank managing director and chief executive Sashidhar Jagdishan has decided not to seek reappointment when his current term ends on October 26, the country’s largest private sector lender said in a regulatory filing on Saturday.Jagdishan conveyed his decision to the bank’s board and reiterated it despite the board’s “persuasion”, the filing said….
Smartphones became India’s top exported individual commodity in FY 2025-26. In 2020 when the Production Linked Incentive (PLI) Scheme was launched as a cornerstone of the ‘Atmanirbhar Bharat’ push, little did anyone know that smartphones would emerge as the poster boy of its success. Mobile phones assembly and manufacturing is arguably the biggest success story…
GST Council meeting on September 12 The GST Council is set to meet in New Delhi on September 12, with simplification of GST registration for businesses passing on tax credit of more than Rs 2.5 lakh a month among other issues in focus.The 57th meeting of the council, chaired by Union finance minister Nirmala Sitharaman…
US labor dept lowers employment growth by 79,000 for March 2026 US employment growth in the year to March 2026 was weaker than initially estimated, with the US bureau of labour Statistics (BLS) putting the preliminary downward adjustment to total nonfarm employment at 79,000, or 0.1 per cent.The private sector recorded a larger preliminary revision,…
Resorts outperform city hotels as India’s hospitality sector navigates travel disruptions (representative image) India’s hotel industry is expected to see stronger growth in the second half of FY27, supported by robust domestic leisure demand and a steady recovery in corporate and international travel, according to a PhillipCapital sector report.The hospitality sector remained resilient in the…
