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World Bank: India needs average 7.8% growth to become high-income nation

INDIA WILL NEED to grow by 7.8% on an average over the next 22 years to achieve the country's aspirations of reaching high-income status by 2047, the World Bank said in a new report on Friday.

Vietnam's olive branch to Musk sets a bad precedent

VIETNAM WAS OFTEN viewed as a winner during the first US-China trade war. This time around, such a victory looks less certain as it faces the threat of tariffs.

At 17 bn, UPI transactions hit record in Jan

TRANSACTIONS VIA UNIFIED Payments Interface (UPI) surpassed 16.99 billion in January for the first time, with the total value exceeding ₹23.48 lakh crore — the highest ever recorded in a single month, according to the latest finance ministry data.

Congress slams govt for low consumption expenditure

FLAGGING ISSUES OF low consumption expenditure and inequality, the Congress on Friday said the way out of this quagmire is to shift the focus of policymaking from cronyism to bottom-up empowerment and that it must begin with kick-starting rural incomes.

Skype shuts down after 14 years as Microsoft forces users onto Teams

MICROSOFT IS SIGNALLING the end of the line for Skype, the iconic internet calling and chat service it bought almost 14 years ago.

RBI's $10 Billion FX Swap Auction Oversubscribed 1.6x

Apex bank receives a total of 244 bids worth $16.2 billion

Must for India to build its own AI: Tata Sons chief

TATA SONS' CHAIRMAN N Chandrasekaran on Friday outlined four essential layers and four key pillars necessary for India to achieve AI sovereignty while speaking at the Mumbai Tech Week.

M&M Plans To Set Up New Brazil Plant, Fortify US Ops

AFTER ESTABLISHING a stranglehold in the domestic market, Mahindra & Mahindra (M&M) is going after large tractor markets overseas with plans to have a plant in Brazil and fortify US operations, the automaker's largest outside India.

It's telcos vs tech firms...

TECHNOLOGY COMPANIES, HOWEVER, counter this argument, stating that telcos' opposition stems from fears of losing business in the lucrative private 5G segment.

Bilateral ties crucial for boosting trade, says Sitharaman

• Not the rich world, trade and tech to define new world order, says minister

Seed funding deals picking up again

AI-DRIVEN BOOST

IRFC to start lending to firms other than Indian Railways

New Opportunities

Trump says tariff plans for Canada, Mexico, China to kick in on March 4

US PRESIDENT DONALD Trump said on Thursday that his proposed 25% tariffs on Mexican and Canadian goods will go into effect on March 4 as scheduled because drugs are still pouring into the US from those countries.

India is a digital-savvy market

IKEA expects its sales in the North to grow at an above-normal pace in the next two years, driven by strong demand for home decoration and kitchen products. Bhavana Jaiswal, country e-commerce manager, and Jasmeet Sood, country home furnishing & retail design manager, discuss the company's strategy and market outlook with Raghav Aggarwal.

Retail sales likely to rise in FY26

Budget Boost To Retailers

Europe's risk aversion has its consequences

AS I WATCH Europe's deepening existential crisis over its grim growth prospects, I often think back to a speech I heard 16 years ago in Paris.

Over ₹1.6L cr investments facilitated since Dec summit, says Raj govt

IN THE FIRST two months since the investment summit, held in December 2024, the state government has facilitated implementation of 5% of the memorandum of understanding (MoUs), worth a significant ₹1.66 lakh crore investment, said Ajitabh Sharma, principal secretary (industries and commerce), Government of Rajasthan.

US-Russia talks: Putin says contacts inspire hope

RUSSIAN AND US teams held six hours of talks in Turkey on Thursday to try to restore normal functioning of their embassies, and Vladimir Putin said initial contacts with Donald Trump's new administration had inspired hope.

StanChart Chosen as Dollar Settlement Bank in GIFT City

At present, settlement of trades between different banks in the GIFT City is not instantaneous

Delhi HC slaps ₹340-cr fine on Amazon in copyright case

THE DELHI HIGH Court has directed e-commerce giant Amazon Technologies to pay nearly ₹340 crore in damages for trademark infringement of Amsterdam-based apparels and accessories’ brand Lifestyle Equities.

Bengaluru airport, Menzies Aviation unveils greenfield domestic cargo terminal

BANGALORE INTERNATIONAL AIRPORT (BIAL) and Menzies Aviation have launched the country's largest greenfield domestic cargo terminal (DCT) at Kempegowda International Airport Bengaluru (KIAB/BLR Airport).

40% of private philanthropy comes from families: Study

FAMILY PHILANTHROPY CONTRIBUTED 40% to India's private giving landscape, which touched ₹1.31 lakh crore in FY24, according to a report.

IT salaries lag, GCCs see bigger raises

SALARY GROWTH IN the IT and IT-enabled services sectors is slowing due to automation, cost optimisation and reduced hiring, according to the EY Future of Pay 2025 report.

Sacked Infy staffers seek PMO's help

The Prime Minister's Office (PMO) has received over 100 complaints from former Infosys employees seeking reinstatement and measures to prevent future mass dismissals.

Services collapsing as USAID cuts health contracts worldwide

US-FUNDED HEALTH PROJECTS around the world, including those providing lifesaving care, received termination notices from Washington on Thursday as President Donald Trump's administration neared completion of a review to ensure grants are aligned with its \"America First\" policy.

IMF Sees India's Economic Risks Rising Amid Global Uncertainty

INDIA'S WORLD-BEATING ECONOMIC growth faces headwinds from geoeconomic fragmentation and slower domestic demand, and it should implement crucial structural reforms to realize its ambition of becoming a developed country, according to the International Monetary Fund.

Gold & silver see ₹1,000 fall amid weak global cues

GOLD PRICES TUMBLED by ₹1,150 to ₹88,200 per 10 grams in the national capital on Thursday, tracking a bearish trend in global markets, according to the All India Sarafa Association.

Microsoft Urges Trump to Overhaul Biden's Last AI-Chip Export Curbs

MICROSOFT HAS URGED President Donald Trump's team to ease export restrictions imposed on artificial intelligence chips in the closing days of the Biden administration, saying the measures should not extend to a group of US allies.

Green manufacturing is our top priority

Tata Projects, which is among the top three engineering, procurement and construction (EPC) firms with a 12-15% market share, is positioning itself for better liquidity cycles and long-term growth. Vinayak Pai, MD & CEO, shares with Geeta Nair insights on the company's future, major projects and industry trends. Excerpts:

AAP MLAs Barred From Delhi House Premises

The Opposition AAM Aadmi Party (AAP) held a protest and wrote to President Droupadi Murmu seeking an appointment after 21 of its 22 MLAs—who were suspended from the Delhi House on Tuesday for three days—were barred from entering the Assembly complex on Thursday.