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CHENNAI : Billionaire Mukesh Ambani on Sunday said his firm Reliance Industries in partnership with Canada's Brookfield will open a data centre in Chennai next week, marking entry into the fast-growing market. Reliance had in July last year invested about ₹378 crore to enter an existing joint venture, where Brookfield Infrastructure and US-based realty estate investment trust Digital Realty were already partners.

Wab Kinew says that it is time to take another look at how the federal carbon price, popularly known as the carbon tax, is applied in his province.“I think that there’s an argument that Manitoba is maybe one of the strongest cases you could make, that the price on carbon should be revisited in our jurisdiction,” Kinew told The West Block host Mercedes Stephenson in an interview that airs on Jan. 7.“It’s definitely something that I know Manitobans would like to see some help with.

A stunning post from VisualCapitalist showed a poll of 8550 investors and 2700 advisors and the gap between the two of future portfolio return expectations. The poll was global; however, I will focus on this post’s domestic portfolio return expectations.

Investing.com — U.S. inflation data will be the main focus this week as investors await further clarity on the future path of Federal Reserve interest rates. Big U.S. banks kick off earnings session, crypto looks set to remain volatile and the U.K. is to release GDP data. Here’s what you need to know to start your week.

₹1 crore. In the future, we will launch more cars and also assemble them in India, which will enable us to offer them at more affordable prices," Dhillon said.

N Biren Singh on Saturday evening air dashed to Guwahati and discussed security and developmental aspects of the northeast with his Assam counterpart Himanta Biswa Sarma. Taking to Facebook, Biren said “It was a pleasure meeting with the Hon’ble Chief Minister of Assam, Shri Himanta Biswa Sarma Ji, at his official residence in Guwahati today.” “Discussed various matters concerning the security and development of the North East region.

NEW DELHI : Talks between India and Israel on a free trade agreement have hit the skids due to hurdles posed by the ongoing conflict in West Asia, according to two people aware of the matter. The conflict, which began after the militant group Hamas launched a terror attack on Israel on 7 October, has consumed much of the focus of India-Israel ties, one of them said. "It (the conflict) has become a major obstacle to the regular pace of talks (on free trade agreement) between the negotiating teams," this person added.

Market ahead: Q3 results, Red Sea crisis, inflation, FII activity among key market triggers to watch next week The majority of investors continue to hold an optimistic outlook, encompassing positive sentiments toward the U.S. economy, corporate profits, and the Federal Reserve's course of monetary policy.

BJD and opposition BJP were working against Odisha's self-esteem by involving «outsiders» in the state's affairs, senior Congress leader Ajoy Kumar alleged on Sunday. Raising the slogan of «Odisha for Odias», he claimed that «outsiders» were now playing a bigger role in the state's politics, economy and bureaucracy while the importance of Odias was diminishing day by day. «Government work contracts of Rs 35,000 crore have been awarded to outsiders.

Narendra Modi government has time and again stressed that fiscal prudence remains a top priority for the dispensation with an eye on FY26 by when it targets to bring the fiscal deficit down to 4.5 per cent. Come February 1, analysts expect Sitharaman to continue the BJP government's focus on infrastructure spending with an aim to lower the fiscal deficit from the target of 5.9 per cent of GDP set for the current financial year. Analysts have said that high hopes of re-election in April-May 2024 has allowed the Modi government to keep a check on populist measures and instead focus on its infrastructure spending like roads, power plants, among other things. The government expects the Indian economy to grow at 7.3 per cent in the ongoing financial year, as per the First Advance Estimates released Friday.

Mukesh Ambani on Sunday said his firm Reliance Industries in partnership with Canada's Brookfield will open a data centre in Chennai next week, marking entry into the fast-growing market. Reliance had in July last year invested about Rs 378 crore to enter an existing joint venture, where Brookfield Infrastructure and US-based realty estate investment trust Digital Realty were already partners.

Passenger vehicle sales in India could be weighed down by increase in interest rates for auto loans, if there is no reduction in repo rates going forward as the industry gears up for a single-digit growth this year, according to Maruti Suzuki India Senior Executive Officer (Marketing and Sales) Shashank Srivastava. With a high base of record 41.08 lakh units in 2023, passenger vehicle (PV) sales this year could grow in single digit with the overall economic growth of the country being a positive factor, he said. «The auto industry growth is largely dependent on the growth in the overall economy, the GDP per capita growth that's projected 6-6.5 per cent.

consumption growth as high inflation is impacting people in the lower income bracket, India Ratings and Research Chief Economist Devendra Kumar Pant said on Sunday. He said although the country's economy is now resilient enough to deal with the dual shocks of below-normal monsoon and high global oil prices, the challenge is to bring down inflation so that people can have more disposable income in their hands.

Chinese economy, some migrant workers, labour brokers and shop owners have started moving out of the coastal cities and returning home as jobs in the country's coastal cities face a reduction in job opportunities, the Voice of America (VOA) reported. In its report on Thursday, it said that in China, January is typically a time when many migrant workers begin an annual trip home to celebrate the Lunar New Year. However, this year, the massive exodus from coastal cities to provinces across the country began much earlier.

India's economy is expected to grow 7.3 per cent in the current fiscal year ending in March, the highest rate of the major global economies, helped by state spending and a pickup in manufacturing, the National Statistics Office said on Friday. Siddhartha Sanyal, Chief Economist, Bandhan Bank, DK Joshi, Chief Economist, CRISIL and Indranil Pan, Chief Economist, Yes Bank, in conversation with ET Now How do you see these numbers and what do these really numbers project for the Indian economy going into 2024? Siddhartha Sanyal: In the first half of the financial year, we had seen that GDP growth for India had been around 7.6%. This particular number was known for a while. Now, at the same time, till very recently we were expecting that still the full year number will be in the vicinity of 6.5%, that means talking about a significantly lower number for the second half of the financial year, but now the 7.3% with quite a lot of data points already available in hand for the first nine odd months, government clearly is much more confident about the second half growth.

In the euro zone, inflation quickened last month on an annual basis for the first time since April. Manufacturers in most of Asia saw a slowdown in orders and production amid tepid customer appetite for goods.

Forbes Media Chairman Steve Forbes and former CKE Restaurants CEO Andy Puzder discuss the December jobs report and point out discrepancies in its reporting.

US economy is among factors that may help American corporate earnings top current forecasts, according to Goldman Sachs Group Inc. S&P 500 companies' earnings per share will rise 5% to $237 this year, Goldman strategists led by David Kostin have predicted. That's already above the median $231 forecast of strategists tracked by Bloomberg, and the firm sees numerous factors leading into the coming fourth-quarter earnings season that may help companies beat that figure.

Canadians feeling like they weren’t as productive as they could’ve been in 2023 can take solace. Neither was Canada’s economy.

₹2,300 crore. Singapore and its companies will strengthen economic cooperation with the state of Gujarat. This will be through expanded investments in Gujarat's green economy and sustainability sector.

The national jobless rate held steady at 5.8 per cent in December as employment was “virtually unchanged,” according to Statistics Canada.