Gates Foundation $9B Budget, 500 Layoffs in 2026
Bill & Melinda Gates Foundation reveals record $9 billion budget for 2026 while cutting up to 500 jobs. Focus on polio eradication, AI health tools, and global vaccines.
Category : Business
US-Taiwan Trade Deal: Tariffs Slashed to 15%, $250B Investment
The US under Trump has slashed tariffs on Taiwanese goods to 15%, matching allies like Japan and South Korea. Taiwan commits $250 billion to US sectors including semiconductors and AI.
US Popeyes Franchisee Files for Bankruptcy
Sailormen Inc., operating over 130 Popeyes restaurants in Florida and Georgia, seeks Chapter 11 protection to restructure debt and stabilize operations.
SEBI's SWAGAT FI Eases Compliance for Foreign Investors
SEBI introduces the SWAGAT FI framework to streamline compliance for foreign investors in India, reducing regulatory burdens and boosting market access.
Startup Founders Praise Government Support at National Startup Day
At the National Startup Day event, founders highlighted how strategic government initiatives are fueling innovation and growth in India's startup ecosystem.
RBI Overhauls Foreign Exchange Rules for Trade
The Reserve Bank of India introduces unified foreign exchange regulations for exports and imports, simplifying procedures and enhancing digital monitoring to ease compliance for businesses.
BIS Mark Mandatory for Aluminium Cookware, Beverage Cans
The government has notified a new quality control order requiring BIS certification for aluminium cookware and beverage cans, with phased implementation until 2027.
Wipro Q3 Net Profit Falls 7% to Rs 3,119 Crore
Wipro reports a 7% decline in net profit to Rs 3,119 crore for Q3, with revenue at Rs 22,205 crore. The IT giant faces market headwinds and a slowdown in key sectors.
TiECon Mangaluru 2026 Calls for Stronger Govt-Industry Ties
Former Infosys CFO Mohandas Pai and Karnataka Digital Economy Mission chairman BV Naidu emphasized the need for continuous engagement and startup-like speed from government to boost job creation and investment in emerging tech hubs beyond Bengaluru.
IT Firms Hit by Rs 4,900 Crore Labour Code Costs
Indian IT companies are set to incur a significant financial burden of Rs 4,900 crore due to the implementation of new labour codes, impacting operational costs and profitability.
DoT Targets Feb End for Vodafone Idea AGR Reassessment
The Department of Telecommunications plans to finish reassessing Vodafone Idea's frozen AGR dues of ₹87,695 crore by late February, following Supreme Court rulings and a government relief package.
India Permits Limited Wheat Flour Exports Under DGFT Rules
The Centre permits limited wheat flour exports up to 5 LMT under DGFT authorization, with strict eligibility and monitoring, while maintaining the broader export ban.
Patna's MMLP, Fintech City Projects Still in Early Phase
Development of Patna's multi-modal logistics park and Fintech City has not started yet, with land acquisition ongoing. Officials confirm both projects are in initial phases.
Nitish Kumar Assures Support to Chanpatia Startup Hub Entrepreneurs
Chief Minister Nitish Kumar's visit to Chanpatia startup hub brings hope to entrepreneurs struggling with infrastructure gaps, financial delays, and land transfer issues in West Champaran.
Mohan Lal Mittal, Father of Lakshmi Mittal, Passes Away
Mohan Lal Mittal, the patriarch who founded the family steel business, passed away. PM Modi and Minister Goyal expressed condolences, highlighting his industrial legacy and philanthropy.
Arunachal Tops Startup Ranking, Northeast States Excel
Arunachal Pradesh secured the 'Best Performer' title in Category B of the States' Startup Ranking Framework 5.0. Nagaland, Manipur, Meghalaya, Assam, Mizoram, and Tripura also received notable recognition in the latest assessment.
Sebi Approves Auction System for Stock Market Closing Prices
India's market regulator Sebi has approved a new auction-based system for determining closing stock prices, replacing the current VWAP method to enhance transparency and fairness.
Musk-O'Leary War Over Starlink on Ryanair Flights
Elon Musk and Ryanair CEO Michael O'Leary engage in public feud over Starlink installation. Ryanair cites fuel costs, Musk warns of passenger loss.
Arnifi Serves 750+ Clients in Second Year, Aids SMEs
Dubai-based fintech startup Arnifi has successfully onboarded over 750 clients during its second operational year, providing crucial financial solutions to small and medium enterprises.
Mohan Lal Mittal, Father of Lakshmi Mittal, Passes Away
Mohan Lal Mittal, the father of renowned industrialist Lakshmi Mittal, has passed away. The news marks a personal loss for the Mittal family, known globally in the steel industry.
ICRA Sees 4.3% Fiscal Deficit in FY2027, 14% Capex Rise
Rating agency ICRA expects the government to maintain fiscal discipline with a 4.3% deficit target for FY2027 while boosting capital expenditure by 14% to Rs 13.1 lakh crore.
Savings vs. Investment: Expert Explains Key Difference
A financial expert clarifies the crucial distinction between savings and investment, emphasizing how investments yield long-term benefits and wealth growth.
Reliance Q3 Profit Flat at Rs 18,645 Cr
Reliance Industries reports flat Q3 profit of Rs 18,645 crore as retail business faces headwinds from GST changes, while energy and digital units provide support.
PM Modi Mourns Demise of Mohan Lal Mittal
Prime Minister Narendra Modi expressed deep sorrow over the passing of industrialist Mohan Lal Mittal, father of steel magnate Lakshmi Mittal, praising his business acumen and cultural passion.
Deloitte Expert Calls for Customs Reform and GST Fixes in Budget
Deloitte India Partner Saloni Roy says the Union Budget should address customs law gaps, rationalize duties, and support domestic manufacturing by fixing GST issues.
Karan Johar Buys Rs 8.05 Crore Apartment in Khar West
Bollywood filmmaker Karan Johar has purchased a premium apartment in Mumbai's Khar West for Rs 8.05 crore, including two car parking spaces, showing strong confidence in the city's luxury real estate market.
Rajhara Colliery in Daltonganj to Restart Production
The historic Rajhara open-cast colliery in Daltonganj will resume operations on Saturday after being shut since 2010. Union Minister Satish Chandra Dubey will inaugurate the restart.
Budget 2026: Focus on Infrastructure and Manufacturing
As India moves towards Viksit Bharat, Budget 2026 must consolidate gains, deepen execution, and boost private investment through infrastructure and manufacturing.
SEBI Proposes Netting of Funds for Foreign Investors
SEBI proposes allowing netting of funds for FPIs in cash market transactions to reduce liquidity demands and enhance operational efficiency for foreign investors.
Gujarat Summit: 5,492 MoUs, Rs 5.78 Lakh Crore Investment Target
The Vibrant Gujarat Regional Summit for Kutch-Saurashtra concluded with MoUs for 5,492 projects, aiming for over Rs 5.78 lakh crore investment and creating 6.26 lakh jobs.
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