SK Hynix Increases Capex for HBM4 Market Dominance
SK Hynix announces a significant rise in capital expenditure to secure its lead in the next-generation HBM4 memory market, focusing on AI and high-performance computing demands.
Category : Business
Economic Survey Supports QCOs, Cautions on Implementation
India's Economic Survey 2025-26 supports quality control orders for manufacturing but warns against poor design. It cites Milton Friedman to highlight global supply chain risks while noting QCO expansion and recent withdrawals.
Economic Survey Suggests Pollution Trading Scheme for Cleaner Air
The Economic Survey recommends adopting a market-based Pollution Trading Scheme, citing Surat's successful pilot project that reduced emissions by 20-30%.
India's Growth Potential Upgraded to 7% by Economic Survey
The Economic Survey has upgraded India's growth potential to 7% for the next financial year starting April 2026, though this is lower than the current fiscal's estimated 7.4% growth rate.
Cigarette Shortage Hits Andhra Ahead of New Tobacco Tax
Andhra Pradesh witnesses a sharp decline in branded cigarette availability as retailers struggle with restricted supplies ahead of the February 2026 tobacco tax overhaul, leading to price hikes and grey-market surge.
Vedanta Demerger: Five New Companies to List by June
Vedanta Ltd's five-way demerger will see new entities list on stock exchanges by May-June 2024, with $6.7 billion debt allocated based on asset value and cash generation. Vedanta Aluminium to bear the largest debt share.
BMC Seeks Bids for Worli Jetty Helipad on Mumbai Coastal Road
Mumbai's BMC invites PPP bids for a helipad at Worli jetty on the Coastal Road, aimed at medical evacuation, coastal surveillance, and VIP movement with 15-year contract.
New CPI Series: Food Weight Falls to 37%, Housing Rises
India's new CPI inflation series reduces food weight from 46% to 37%, based on updated household consumption patterns. This change aims to lower volatility in retail inflation, while housing weight increases, potentially pushing inflation higher.
Murrel Fish Prices Drop in Andhra Pradesh
Koraamenu (Murrel fish) prices in Andhra Pradesh have fallen dramatically from ₹900-1200/kg to ₹300-350/kg due to increased pond-based farming, delighting consumers but raising concerns among farmers about long-term sustainability.
Lift Collapse Kills Two Workers in Bengaluru Building
Two labourers died after a lift collapsed during repair work at an under-construction apartment building in Varthur, Bengaluru. The victims were identified as lift mechanic Mutthappa and operator Sathya Kumar.
US Tariffs 'Most Disruptive' in Global Economy: Economic Survey
The Economic Survey identifies US tariffs as the 'most disruptive' factor amid multiple global upheavals, highlighting significant impacts on international trade and economic stability.
NIT Rourkela, ORMAS Sign MoA for Mahua Plant
NIT Rourkela and ORMAS Sundargarh signed an MoA for a Rs 1 crore mahua processing plant at Kuanrmunda, focusing on value-added non-liquor products and tribal income diversification.
Nvidia CEO Awaits China's Approval for H200 AI Chip Sales
Nvidia CEO Jensen Huang reveals US has approved H200 AI chip sales to China, but final decision rests with Beijing. Chinese tech giants have conditional approvals for over 400,000 chips.
IBPS RRB Clerk Prelims Scorecard 2026 Out: Download Now
IBPS has released the RRB Clerk preliminary exam scorecard 2026. Candidates can download from ibps.in till February 15. Mains exam scheduled for February 1, 2026.
Economic Survey 2025-26: Rural Work Demand Decline Leads to VB-G RAM
The Economic Survey 2025-26 reveals a significant decline in rural work demand, compelling the government to implement the VB-G RAM scheme. This shift highlights evolving employment needs and calls for a reassessment of existing programs like MGNREGS.
India's Potential Growth Rate Revised Up to 7% in Survey
The latest Economic Survey indicates India's medium-term potential growth has increased to around 7%, reflecting stronger macroeconomic fundamentals and consistent reforms.
VB-G-RAM-G: New Rural Employment Policy Shift in Economic Survey
The Economic Survey 2023-24 identifies the VB-G-RAM-G framework as a decisive shift in India's rural employment policy, moving from wage-based to asset creation and green jobs.
Bitcoin Drops 5.43% to $84,410, Market Cap $1.68T
Bitcoin prices fell sharply to $84,410 on January 29, a 5.43% drop, with market capitalisation hitting $1.68 trillion amid a broad crypto sell-off.
Vidyavihar Flyover to Open in June After Decades
Mumbai's long-delayed Vidyavihar flyover, first proposed in 1991, is finally set to open in June 2026. The 650-meter bridge will connect east and west Mumbai, cutting travel time from 45 minutes to under 10 minutes.
KICL in Talks to Acquire French Footwear Brand Kickers
Chennai-based Kothari Industrial Corporation Ltd is negotiating to acquire iconic French brand Kickers, aiming to shift production to India and leverage new EU trade agreement for export growth.
India-EU Free Trade Deal: A Manufacturing Boost
The historic India-EU free trade agreement, hailed as 'the mother of all deals,' promises to spur hundreds of new factories in India, marking a significant shift in global trade dynamics and economic collaboration.
Rupee Hits Record Low of 91.99 vs Dollar on Foreign Selling
Indian rupee settled at historic closing low of 91.99 against US dollar on Wednesday due to foreign fund selling, global risk-off sentiment, and geopolitical tensions, despite some support from softer crude and weaker dollar.
Economic Survey 2025-26: Rig Veda to Ramayana, Tully to Lenin
The Economic Survey 2025-26 references diverse sources from Rig Veda and Ramayana to Mark Tully and Vladimir Lenin, highlighting strategic learning in complex environments.
Rupee Hits All-Time Low at 91.99 Against US Dollar
The Indian rupee closed at a historic low of 91.99 against the US dollar on January 29, 2026, after volatile trading saw it touch an intra-day low of 92. The currency opened at 91.95 and briefly reached 91.82 before declining.
Gold, Silver Prices to Rise Further: Economic Survey
The Economic Survey highlights that gold and silver prices are expected to increase further due to global uncertainties, inflation, and geopolitical tensions, impacting investors and consumers in India.
Microsoft Stock Drops 12% on Cloud Revenue Miss
Microsoft shares fell sharply by 12% after Q2 results revealed cloud revenues that failed to meet investor expectations, causing significant market reaction.
US Stocks Flat, Gold Soars Amid Mixed Earnings, Fed Pause
US stocks traded near record highs with mixed earnings from tech giants, while gold surged over 4% in a safe-haven rally driven by equity and geopolitical concerns.
Canara Bank Q3 Net Profit Jumps 26% to Rs 5,155 Crore
Canara Bank reported a 26% rise in net profit to Rs 5,155 crore for Q3 FY26, driven by higher operating profit, strong non-interest income growth, and improved asset quality. Key metrics show robust performance across deposits, advances, and profitability
Economic Survey Flags Fiscal Risks from State Cash Transfers
The Economic Survey 2025-26 highlights concerns over fiscal populism and unconditional cash transfers by states, warning they may crowd out growth-enhancing capital expenditure and affect India's fiscal credibility.
IOC Chairman: India's Energy Sector to See Unprecedented Growth
Indian Oil Corporation Chairman predicts unprecedented growth in India's energy sector, driven by economic expansion and strategic investments in refining and petrochemicals.
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