NEW DELHI, Feb 3: The Rs 20,000-crore allocation to drive research, the expansion of AI and geospatial initiatives and further push to Atal Tinkering Labs are some of the significant steps taken in the Union Budget 2025-26 to strengthen the countrys research & development (R&D) ecosystem, but the country needs more, industry players said. Union Finance Minister Nirmala Sitharaman has allocated Rs 20,000 crore to the Department of Science and Technology to promote private sector-driven innovation

NEW DELHI, Feb 1: The Union Cabinet headed by Prime Minister Narendra Modi on Saturday approved the Union Budget 2025-26. Following this, Finance Minister Nirmala Sitharaman will present her eighth record Budget in the Lok Sabha that comes in the backdrop of growth slowing down to four-year-low of 6.4 per cent and clamour for tax relief amid moderation in consumption. This is the second Budget of the BJP-led NDA government in its third term in office. Sitharaman had in her [] The post Cabinet Cl

MUMBAI, Jan 29: Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Wednesday, buoyed by a rally in IT, capital goods and industrial stocks amid a firm trend in global markets. The 30-share BSE benchmark Sensex jumped 631.55 points or 0.83 per cent to settle at 76,532.96. During the day, it jumped 698.32 points or 0.92 per cent to 76,599.73. The NSE Nifty soared 205.85 points or 0.90 per cent to 23,163.10. From the 30-share [] The post Sensex, Nifty surge nearly 1 pc on

MUMBAI, Jan 27: The rupee depreciated 11 paise to close at 86.33 (provisional) against the US dollar on Monday, as strong dollar demand and a muted trend in domestic equities weighed on investors sentiments. Forex traders said the Indian rupee gained on Friday but opened on a lower note on Monday as Trump Tariffs uncertainty gained, while sustained foreign fund outflows dented investor sentiments further. Moreover, the upcoming Union Budget will play a crucial role in shaping market sentiment [

MUMBAI, Jan 24: Rupee appreciated 22 paise to close at 86.22 (provisional) against the US dollar on Friday, as a decline in the US dollar index supported investor sentiments. Forex traders said weak crude oil prices also supported the local unit, while sustained foreign fund outflows weighed on the local unit. Traders further noted that the upcoming Union Budget will play a crucial role in shaping market sentiment and the rupees trajectory. At the interbank foreign exchange, the rupee [] The po

New Delhi, Jan 23: Continuing his rapid rise, world champion D Gukesh dethroned compatriot Arjun Erigiasi to become the highest-ranked Indian chess player, at fourth, in the latest FIDE rankings on Thursday. Gukesh, 18, achieved the feat when he logged his second victory in the Tata Steel Tournament in Wijk Aan Zee (Netherlands) defeating Vincent Keymer of Germany. Gukesh, who was awarded the Dhyan Chand Khel Ratna recently, has amassed 2784 rating points, while Erigaisi, who was the highest-ran

BANGKOK, Jan 23: The Chinese Government plans to ensure that share prices will rise by ordering pensions and mutual funds to invest more in domestic stocks, to help jolt the markets out of the doldrums. Officials told reporters in Beijing on Thursday that mutual funds should increase holdings of onshore stocks by at least 10 per cent a year over the next three years. Commercial insurance funds will have to put 30 per cent of their annual new premium [] The post China moves to boost languishing