An under-construction Mumbai Ahmedabad bullet train station NEW DELHI: A delay of over four years has pushed up the cost of country’s first bullet train project by around 83% to Rs 1.98 lakh crore. The first leg of the project, between Surat and Bilimora, is scheduled to be inaugurated in Aug 2027, while the entire…
Insurance behemoth Life Insurance Corporation of India (LIC) on Friday announced the launch of a two-month-long campaign for the revival of individual lapsed policies. This special drive, to be carried out from January 1 to March 2, 2026, is extended to all non-linked policies with a very attractive concession in late fee. Concession is being…
MUMBAI: Thinking of buying an air-conditioner in the new year or getting some fancy bathware or copper-based kitchen utensils to add to the aesthetics of your home? You may have to pay more, as the red metal used in several household products has surged in recent months. Copper prices surpassed a record $12,000 per tonne…
NEW DELHI: In a major boost for electronics manufacturing, the Centre has cleared 22 new proposals – including from Samsung, Foxconn, Tata Electronics and Dixon – for component manufacturing entailing investments of nearly Rs 42,000 crore.The investments under the Electronics Components Manufacturing Scheme (ECMS) are projected to result in domestic production of Rs 2.6 lakh…
Since the start of the Ukraine conflict in 2022, India has been the largest buyer of discounted Russian seaborne oil. (AI image) India is looking to seal a trade deal with the US and is monitoring weekly data on crude oil purchases from Russia and America, according to a Reuters report. Oil refiners have been…
So the next time the market is falling and you feel the itch to stop your SIP, remember this: the feeling is normal, the action is costly. (AI image) Let me guess your SIP journey.You start with great enthusiasm. You’ve read about compounding, you’ve seen the long-term Sensex chart, you’ve promised yourself, “Yeh SIP toh…
Wall Street and major global equity markets began 2026 on an upbeat note on Friday, buoyed by optimism around artificial intelligence-led growth and strong gains in technology stocks, AP reported.In early trade, the S&P 500 rose 0.4 per cent, extending gains after closing 2025 with a rise of more than 16 per cent. The Nasdaq…
Technology billionaires were at the forefront of the advance, with sustained enthusiasm around artificial intelligence driving gains in US mega-cap shares. (AI image) Did you know that the world’s wealthiest and richest 500 people added a whopping $2.2 trillion to their wealth in 2025? The rise was a result of powerful rallies across global markets…
India is set to emerge as one of the world’s top four semiconductor manufacturing nations by 2032 and aims to become the best by 2035, driven by its talent base and expanding ecosystem, Union minister for electronics and IT Ashwini Vaishnaw said on Friday, reported PTI .Speaking on the sidelines of an event announcing approval…
The government on Friday announced a Rs 7,295-crore export support package aimed at improving exporters’ access to credit, comprising a Rs 5,181-crore interest subvention scheme and a Rs 2,114-crore collateral support measure, officials said.Both interventions will be implemented over a six-year period from 2025 to 2031 and form part of the Rs 25,060-crore Export Promotion…
