1. Business & Economy

Business & Economy

Delhi govt presents Rs 78,800 cr budget, earmarks Rs 16,575 cr for education

New Delhi: Delhi Finance Minister Kailash Gahlot on Wednesday presented a Rs 78,800 crore budget in the Assembly for the financial year 2023-24. It was the first budget for Kailash Gahlot, and ninth consecutive budget…

Foxconn investment proposal cleared by Karnataka high-level committee

Bengaluru: The Karnataka State High-Level Clearance Committee (SHLCC) has approved Foxconn’s investment proposal to manufacture mobile devices at facilities expected to come up in Doddaballapur and Devanahalli, an official statement said on Tuesday. The Large…

Centre’s debt/liabilities at 57.3% of GDP

New Delhi: The total amount of the Central government debt or liabilities is estimated at about Rs 155.8 lakh crore (57.3 per cent of GDP), as on March 31, the Parliament was told on Monday.…

Delhi govt tables Eco Survey, per capita income grew by 14.18% in 2022-23

New Delhi: The national capital’s per capita income grew by 14.18 per cent at the current prices in 2022-23 to Rs 4,44,768 compared to Rs 3,89,529 during 2021-22, the Delhi Economic Survey has said. The…

Stock markets across Asia fall as global banking fears widen

Hong Kong: Stock markets across Asia fell on Thursday as troubles at international banking giant Credit Suisse intensified fears of a wider bank crisis. Major indexes in Japan, Hong Kong and Australia fell by over…

Two US bank failures not to impact banks in India, APAC: Moody’s

Chennai: The successive failure of two private banks in the US — Signature Bank and Silicon Valley Bank — though would result in tightening of liquidity in the global debt markets, the impact will be…

Scientists agree that money can buy happiness

New York, March 13 (IANS) People get happy as they earn more, according to a new study which overturns the dominant thinking that money cannot buy happiness. The study published in Proceedings of the National Academy…

‘Banking system is safe’: Biden reassures markets, people

Washington: US President Joe Biden on Monday attempted to reassure Americans that the banking system will hold up, media reports said. “Thanks to the quick action in my administration over the past few days, Americans can…

Delhi’s MLAs get over 66% salary hike

New Delhi: Ahead of the Delhi Budget session scheduled to begin from March 17, the salaries and allowances of MLAs and ministers have been increased to more than 66 per cent. According to a notification…

SVB collapse: Minister Chandrasekhar to meet Indian startups to see how govt can help them

New Delhi: As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, on Sunday said he will hold…

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