Musk: AI and Robotics Only Fix for US Debt Crisis
Tesla CEO Elon Musk warns that America faces bankruptcy without AI and robotics to boost economic growth, citing $38.5 trillion debt and $1 trillion annual interest payments.
Category : Business
Indian Stock Market Ends Positive: Sensex Up 266, Nifty Gains 51
Indian stock market closed positively on Friday with Sensex rising 0.32% to 83,580.40 and Nifty 50 gaining 0.20% to 25,693.70. Analysts provide technical outlook and stock recommendations for next week.
Six Home Features That Increase Resale Value Over Time
Discover six essential home improvements that enhance resale value, from renovated kitchens to smart technology and energy-efficient upgrades, ensuring long-term financial returns.
Rajasthan Seeks Mega Textile Park After Union Budget
Rajasthan officials meet with Apparel Export Promotion Council to advocate for hosting a mega textile park, highlighting state's industrial strengths and export potential.
Income Tax Act 2025 Aims to Simplify Compliance, Modernize Structure
Supreme Court Justice R Mahadevan announced the Income Tax Act 2025 will replace the 1961 Act from April 1, focusing on simplification, modernization, and global alignment. The seminar also addressed AI risks in tax advocacy.
Bithumb's $44B Bitcoin Error Sparks Sell-Off and Regulatory Probe
South Korean crypto exchange Bithumb accidentally distributed $44 billion in Bitcoin as rewards, causing a 17% price crash. The exchange recovered 99.7% of funds but faces regulatory inspection.
Indian Stock Market Gains on Heavyweight Buying, Trade Deal
The Sensex and Nifty closed higher on Friday, driven by buying in ITC, Kotak Mahindra Bank, and ICICI Bank. Experts cite short covering and a US tariff reduction as key factors, with a cautious outlook due to earnings and foreign outflows.
Gandhian Dairy in Wardha Hits Rs30cr Turnover, Goes Digital
Go-Sanvardhan Goras Bhandar, a Wardha dairy founded in 1939 on Gandhian principles, achieves Rs30cr annual turnover. It now plans e-commerce expansion for its iconic Goras Pak while maintaining traditional methods and farmer support.
Washington Post CEO Resigns After Controversial Layoffs
Washington Post publisher and CEO Will Lewis resigned suddenly after laying off 300 journalists, facing intense criticism from staff over his leadership and handling of financial troubles.
India-US Trade Deal: Expert on Russian Oil Cuts & Terms
Foreign expert Robinder Sachdev clarifies India's reduction in Russian oil imports due to US tariffs and details the temporary trade agreement covering agriculture, energy, and bilateral goals.
Block Plans 10% Job Cuts in Business Overhaul
Jack Dorsey's Block Inc plans to lay off 10% of its workforce during annual performance reviews as part of a major business overhaul. Hundreds of employees have been notified about potential job cuts.
Indore's Ahilya Garment City Begins with Land Deals
Two textile firms acquire 24.5 hectares in Barlai Jagir, launching the Rs 2,500 crore Ahilya Garment City project near Indore, expected to create 30,000 jobs and feature extensive infrastructure.
SEBI Highlights Investment Options at Vidarbha Summit
SEBI officials outlined a wide range of regulated investment products, from gold funds to REITs, emphasizing financial literacy and MSME listings at the Advantage Vidarbha event in Nagpur.
Indore Tax Body Demands Additional GST Tribunal Bench
The Madhya Pradesh Tax Consultant Association has formally requested a new GST Appellate Tribunal bench in Indore, citing high litigation volume, taxpayer convenience, and the city's economic prominence.
Farmers Protest India-US Trade Deal, Call for Feb 12 Strike
Farmer organizations led by SKM condemn the India-US trade framework as a 'total surrender' of agriculture to US corporations, demand Commerce Minister's resignation, and plan nationwide protests on February 12.
Indian Stock Market: Sensex, Nifty Close Higher on Friday
Indian stock market indices Sensex and Nifty closed higher on Friday, February 6, driven by buying in heavyweight stocks like ITC, Kotak Mahindra Bank, and ICICI Bank. Sensex gained 266 points, Nifty rose 51 points.
India's First Rare Earth Metals Innovation Centre Proposed in Nagpur
Maharashtra State Innovation Society CEO Shrikant Patil proposes establishing India's first rare earth metals innovation centre in Nagpur to shift from service-led startups to strategic innovation-driven enterprises.
Chidambaram Slams Budget 2026 for Ignoring Economic Survey
Former Finance Minister P Chidambaram critiques Budget 2026-27 as intellectually lazy, highlighting its failure to address Economic Survey challenges like unemployment and slow growth.
Pune Rose Prices Double Before Valentine's Day
Rose prices in Pune have surged to nearly double last year's levels ahead of Valentine's Day, driven by delayed production from cold weather and high demand from weddings and gifting.
Maharashtra to Announce 7 New Industrial Policies in 3 Months
Maharashtra Chief Minister Devendra Fadnavis announced that the state government will launch seven sector-specific industrial policies within three months to accelerate industrial growth and solidify its position as India's economic powerhouse.
Gurgaon Real Estate Fraud: Director Arrested in Rs 2.5 Cr Scam
Gurgaon police arrest company director Dhruvdutt Sharma for allegedly selling the same commercial unit to multiple buyers, cheating a real estate firm of Rs 2.5 crore. The case may involve hundreds of investors and crores in fraudulent transactions.
Bhopal Taxi Drivers Strike Halts Ride-Hailing Services
Online taxi services in Bhopal were paralyzed for two hours as drivers protested against government regulations and aggregator companies, demanding minimum fare enforcement and opposing bike taxis.
Nagpur Lands ₹10,880 Crore Investment in Key Sectors
Three major agreements worth ₹10,880 crore were signed at Advantage Vidarbha, including a massive solar plant, telecom tower factory, and a multi-speciality hospital, promising thousands of jobs.
Prayagraj Plans Underground Parking to Ease Chowk Congestion
Prayagraj Municipal Corporation plans a major underground parking facility with a commercial complex near Meena Bazaar, aiming to accommodate over 200 cars and 400 two-wheelers to relieve congestion in the busy Chowk area.
Becks Prime Wilcrest Diner Closes After 35 Years
Becks Prime's Wilcrest diner in Houston shuts down after 35 years of service, with its final day on February 8. The closure follows the end of its long-term lease, and all staff have been relocated to other branches.
STT Hike Hurts Retail F&O Traders, Favors Mutual Funds
The Union Budget 2026-27 raises securities transaction tax on F&O trading, increasing costs for retail investors. Experts warn this amplifies losses, while advocating mutual funds as a resilient alternative.
Woman Burns E-Rickshaw Over Faulty Sale, No After-Sales Support
A woman in Shivpuri set her e-rickshaw on fire outside a showroom, alleging it was sold faulty with no after-sales support. Police are investigating the incident involving a labourer couple who bought the vehicle for income.
Rajasthan Stone Industry Reduces Reliance on Imported Machinery
Rajasthan's stone sector has significantly reduced its dependence on imported cutting and polishing machinery from China, Italy, and Turkey over the past decade. Indigenous manufacturers in Ajmer, Udaipur, and Jaipur have become key suppliers, lowering co
Bank Holidays Next Week: Second Saturday Closure Details
Banks across India will be closed on February 14 and 15, 2026, for the second Saturday and Sunday weekend holidays. The RBI has listed nine holidays for February, including regional observances.
Yogi Adityanath Praises US-India Trade Deal for UP Industries
Uttar Pradesh Chief Minister Yogi Adityanath welcomed the US-India trade agreement, highlighting benefits for textiles, agriculture, pharmaceuticals, and MSMEs across the state.
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