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Nirmala Sitharaman's budget proposals are expected to spur job creation across sectors as diverse as manufacturing, tourism, agriculture, leather, mining, healthcare, aviation, electronic equipment, startups, retail, real estate, MSMEs and global capability centres (GCCs).

electric vehicle batteries, motors and controllers, electrolyzers, wind turbines, very high-voltage transmission equipment and grid-scale batteries.

Subscribe to enjoy similar stories. The stock market closed largely unchanged as the Union budget disappointed on the capex front, even though the tax cuts proposed are expected to give a boost to consumption. Foreign portfolio investors (FPIs) gave a thumbs-down to the budget at Saturday's special session, selling a provisional ₹1327.09 crore worth of shares, even as domestic institutional investors net purchased equities worth ₹824.38 crore.

Nvidia and its CEO Jensen Huang as they are integral to the AI boom. His recent comments about Samsung boosted the shares of the company, as per reports.

tax collected at source (TCS). Finance Minister Nirmala Sitharaman on Saturday increased the threshold to collect tax at source (TCS) on remittances under RBI’s Liberalized Remittance Scheme (LRS) from Rs 7 lakh to Rs 10 lakh. She also proposed to remove TCS on remittances for education purposes, where the remittance is out of a loan taken from a specified financial institution.

Subscribe to enjoy similar stories. Shane Smith has helped make the country’s largest pork producer into a grunting, rooting, squealing marvel of efficiency. The chief executive of Smithfield Foods took the company public this past week and is ready to invest in it to confront his biggest challenge: getting us to eat more pork.

Subscribe to enjoy similar stories. On Goldman Sachs Group chief executive officer (CEO) David Solomon’s second day on the job in 2018, I listened to him address a conference audience made up of some of the most powerful women in the world. It was clear he was trying to send a strong message by spending one of his crucial early days as chief executive in this way.

Subscribe to enjoy similar stories. Retail investors, high net worth individuals (HNIs) and proprietary traders have created derivatives positions that indicate that the stock markets could move within a 4% range on Saturday, when Union finance minister Nirmala Sitharaman presents the Budget for fiscal year 2025-26. The positions were created on a day the markets rose for the fourth straight session.

Ex-Intel CEO Pat Gelsinger and also the current chairman of startup Gloo has eventually become a vocal advocate for DeepSeek R1 which is an innovative Chinese open source AI model that is challenging the dominance of OpenAI, reported Tom’s Hardware.

Subscribe to enjoy similar stories. Biocon Biologics Ltd expects a significant rise in demand for its insulin products across geographies in the coming months and years, managing director and chief executive Shreehas Tambe said on Friday. “What we are certainly seeing is an increasing demand for our insulin products…not just in the US and Europe but also in emerging markets," Tambe told Mint in an interview.

Voice AI startup ElevenLabs has raised $180 million in a series C funding round, tripling the company’s valuation to $3.3 billion within a year.

Emails obtained by The Associated Press reveal Doug Burgum as North Dakota governor catered to the whims of oil and gas executives while leveraging those connections to expand his political profile

Subscribe to enjoy similar stories. In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, Masayoshi Son was stewing. After declaring for years the imminent arrival of the artificial-intelligence revolution, the chief executive officer of SoftBank Group had missed out on it.

European automakers brace for a possible trade war waged by President Donald Trump, they are working to ward off another threat on their home turf: the prospect of paying hundreds of millions of dollars to Tesla and Chinese competitors muscling in on their core markets.

Louisa Klouda, who serves as the CEO of Fenchurch Legal, made the incident public by sharing a screenshot of her conversation with Nirmal Patel. In the exchange, Patel informed her of his reluctance to collaborate with female professionals and ended his message with the unprofessional remark, «Be well, sweetheart.”

Subscribe to enjoy similar stories. DeepSeek has challenged big tech, proving AI can be efficient without costly graphics processing units (GPUs) or massive data centres. Now Microsoft is probing possible unauthorized access to OpenAI data by a group linked to DeepSeek.

Subscribe to enjoy similar stories. Religare Enterprises Ltd CEO and chairperson Rashmi Saluja has sued the conglomerate she heads to thwart a potential takeover and extend her tenure, pitting herself against four of the company's five independent directors, in arguably one of the first such instances in a public company. On Tuesday, Saluja filed a case against Religare in the Delhi High Court, seeking the court’s intervention to stop the annual general meeting (AGM) scheduled for 7 February.

Tesla CEO Elon Musk has actually embarked on an ambitious mission with the Department of Government Efficiency (DOGE) while demonstrating his characteristic ‘hardcore’ work approach by reportedly sleeping in the Eisenhower Executive Office Building near the White House, reported Daily Mail. As an extremely key figure in the US President Donald Trump administration, Tesla CEO Elon Musk is laser focused on dramatically reducing the government spending and bureaucratic inefficiencies.

Meta CEO Mark Zuckerberg is eyeing a new home in Washington DC, a move that hints at his increasing efforts to align with the Trump administration, as per reports.

Tesla CEO Elon Musk was backing Donald Trump with money and time during the latter's presidential campaign last year, many thought Trump's victory could turn out to be the most profitable investment for Musk. It was said that Trump’s second term could mean less regulatory pressure on Musk’s companies. “A second Trump term could very well shift the administrative and regulatory state in ways that would benefit Musk’s companies,” Angela Aneiros, an assistant professor of law at Gonzaga University and a co-director of the university’s Center of Law, Ethics & Commerce, had told NBC News. “A second term, if it happens, will result in federal agencies’ shifting their focus away from investigations into regulatory compliance issues,” Aneiros said.

Meta Platforms has actually agreed to pay former US President Donald Trump a huge $25 million to settle a lawsuit which was stemming from the suspension of his Facebook and Instagram accounts following the January 6 of the year 2021 Capitol riot, reported Insider.