Business

MENA must classify AI data centres as critical loads, overhaul power planning amid rising demand: WEF
The World Economic Forum (WEF) has called for countries in the Middle East and North Africa (MENA) to classify artificial intelligence (AI) data centres as “critical dynamic loads” and overhaul energy planning,…




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FM Sitharaman pushes municipal bonds for urban funding amid rising borrowing costs
Union Finance Minister Nirmala Sitharaman on Friday called for strengthening municipal finances and expanding bond-based funding for urban infrastructure, even as rising…

FPIs will return to Indian equities despite sustained outflows: HDFC AMC CEO
Foreign portfolio investors (FPIs) will eventually return as net buyers of Indian equities despite sustained selling in recent months, as the country's…

Coal India arm ECL generates Rs 2.21 crore from scrap disposal under Special Campaign 6
Eastern Coalfields Limited (ECL), a subsidiary of Coal India Limited, has generated Rs 2.21 crore through scrap disposal under the government's Special…

FM Sitharaman discusses investment opportunities in energy storage, logistics with Curaçao counterpart
Union Finance Minister Nirmala Sitharaman met Curaçao Finance Minister Charles Cooper in Bangkok to discuss investment opportunities for Indian companies in energy…

US import prices surge 8.1% in 12 months, highest rise since July 2022
US import prices increased 1.1 per cent in September, following a rise of 0.5 per cent in August. Higher prices for both…

LTCG tax changes must balance equity and efficiency: NITI Aayog Vice Chairman Ashok Lahiri
Any changes to long-term capital gains (LTCG) taxation must take into account both equity and economic efficiency, NITI Aayog Vice Chairman Ashok…