Yotta launches India’s first sovereign B2C AI chatbot ‘myShakti’

Mumbai (IANS) In a bid to boost the ‘Make in India’ initiative and create homegrown AI models, Yotta Data Services on Tuesday introduced 'myShakti', India’s first sovereign B2C generative AI chatbot. 

Built using DeepSeek’s open-source…

Tax cuts to spur discretionary consumption especially among salaried people: Report

New Delhi (IANS) Fiscal consolidation glide path is maintained with the Union Budget and tax cuts should spur discretionary consumption especially among the salaried class, a report showed on Tuesday. 

While reaffirming its commitment to fiscal…

Sensex surges 1,397 points, Nifty ends higher as investors track US tariff developments

Mumbai (IANS) The Indian stock market on Tuesday ended on a strong note with both the BSE Sensex and NSE Nifty closed with gains of more than1 per cent as investors closely monitored tariff-related developments in the United States.   

The…

Trump tariffs: India can insulate itself by allowing US goods to enter freely, says Mark Mobius

New Delhi (IANS) As the Donald Trump administration in the US announced hefty trade tariffs on Canada, Mexico and China, ace global investor Mark Mobius said on Monday that these strong measures can impact the world economic order in the long term,…

Mining sector records strong growth in production of key minerals

New Delhi (IANS) The production of key minerals, such as iron ore, manganese and aluminium, in the country has continued to witness strong growth during the first nine months (April-December) of FY 2024-25, after reaching record production levels…

India cuts import duty on high-capacity motorcycles, boost for US brand Harley-Davidson

New Delhi (IANS) In a strong positive signal to the new US administration under President Donald Trump, India has cut import duty on high-capacity motorcycles in the Union Budget 2025-26, which will give a boost to the American brand Harley-Davidson.

Budget aims to lift overall consumption to stimulate economic growth

New Delhi (IANS) The Union Budget 2025-26 ultimately aims to lift overall consumption which is the need of the hour to stimulate economic growth, said a report on Sunday.  

It’s being addressed by tax incentives in the hands of the middle class…

Budget 2025-26 maintains high Capex amid fiscal prudence: BoB analysis

New Delhi (IANS) The Union Budget for 2025-26 has maintained fiscal prudence without compromising on the quality of expenditure and the government’s borrowing program has been stable, which is positive for markets, according to an analysis by Bank…

Tax booster for middle class: No income tax payable on income up to Rs 12 lakh

New Delhi (IANS) In a big boost to the Indian middle class, Finance Minister Nirmala Sitharaman on Saturday announced that there will be no income tax payable for incomes up to Rs 12 lakh, and Rs 12.75 lakh for salaried taxpayers (including standard…

Budget impact: Smartphones and EVs to get cheaper; TVs, fabrics to get costlier

New Delhi (IANS) Union Finance Minister Nirmala Sitharaman, presenting the Budget 2025-26 on Saturday, introduced some key changes in basic customs duties (BCDs) that will impact the prices of various goods. 

The budget includes duty exemptions…