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Friday, April 24, 2026
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Economy

Italian Generali buys 25% stake worth Rs 1,250 cr in insurance JV from embattled Future Group

The stake sale, which will give Generali majority control over the JV, comes as the Future Group is locked in a prolonged legal battle with partner Amazon.

Asia’s virtual banks need oversight to guard data, India could offer model, BIS says

Along with Singapore, India may offer a model for creating a platform under central bank supervision that allows personal data sharing, with customer consent, says BIS.

Sensex sinks 581 pts as hawkish Fed roils global markets

Mumbai, Jan 27 (PTI) Equity benchmark Sensex tumbled 581 points on Thursday, in tandem with a global selloff after the US Federal Reserve...

PCBL’s cost pressure woes to continue in Jan-Mar period

Kolkata, Jan 27 (PTI) Carbon black manufacturer PCBL Ltd, a part of RP-Sanjiv Goenka Group, is expecting that input cost pressure with higher...

Gold plunges Rs 563; silver declines Rs 1,186

New Delhi, Jan 27 (PTI) Gold in the national capital on Thursday plunged Rs 563 to Rs 48,215 per 10 grams amid weak international...

Tata Group takes over Air India

New Delhi, Jan 27 (PTI) Tata Group on Thursday took over the ownership of national carrier Air India. "The strategic disinvestment transaction of...

Budget should focus on bridging widened inequality in economy, creating jobs: Subbarao

New Delhi, Jan 27 (PTI) The upcoming Budget should focus on creating jobs and bridging the widened inequality in the economy besides accelerating growth, former...

Tatas gets loan commitment from SBI-led consortium for Air India

New Delhi, Jan 27 (PTI) A consortium of lenders led by State Bank of India (SBI) has agreed to provide loans to Tata...

India’s economic indicators flash early warning signs for rebound

While the needle on a dial measuring the so-called ‘Animal Spirits’ remained stable, top producers signaled weakness as 2021 wound down.

Govt notifies Air India asset transfer agreement with AIAHL, stage set for AI handover to Tata

The Tata Group is expected to take full control of the airline Thursday. Tatas would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.

On Camera

Hormuz crisis won’t replace the dollar with yuan. De-dollarisation is a myth

Recent data does not support any dramatic shift away from the dollar. As per IMF, the share of international transactions conducted in dollars has declined from 56.90% to 56.77%.

Haryana’s new industrial policy in the works, but industry says old problems remain unsolved

Increase in employment subsidy, Rs 500 crore for estate revamp, new townships in pipeline—but land cost, power breakdowns and inspector raj top among key worries for industry leaders.

Military pushes for private participation in space, more Indian satellites. ‘Can’t rely on single entity’ 

CDS Anil Chauhan says future space capability will not be built by government agencies alone. ‘It will be co-developed with industry, start-ups, and technology innovators’.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.