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Highway development in the country since 2013 has had a multiplier effect on India's economic growth with each unit of expenditure made on highway construction resulting in a 3.21 unit increase in GDP growth, shows the preliminary report by the Indian Institute of Management, Bangalore, accessed by ET.

DeepSeek, pointing out that data is the new gold.

Donald Trump took a victory lap in Las Vegas on Saturday, basking both in his presidential victory in Nevada last year and the rapid-pace action of his first week in office. Twenty-five minutes into his speech, Trump arrived at its ostensible subject: the promise of eliminating taxes on tipped wages. He didn’t offer much new detail, but he did say he would begin working with lawmakers over the coming weeks to write new tax laws, including renewing the tax cuts he signed into law in 2017.

Lufthansa flight from Chennai to Frankfurt in June 2023 has culminated in a ruling from a Chennai court, which penalised the airline for its deficient service. The series of incidents, which involved wet seats, delayed flights, mishandling, and poor customer care, not only disrupted their travel but also resulted in both emotional and financial distress.

startup founders are stepping down from their companies, driven by personal and professional challenges, TOI has reported.

Amit Shah on Monday took a dip in the Triveni Sangam in Mahakumbh Nagar amid the ongoing Maha Kumbh. Flanked by some top seers, Shah took the dip around 1 pm.

Foreign Secretary Vikram Misri held a meeting with Chinese Foreign Minister Wang Yi in Beijing on Monday. Wang Yi noted that India and China have implemented the important consensus reached by Prime Minister Narendra Modi and Chinese President Xi Jinping during their meeting held in Russia's Kazan last year.

Prashanth Prakash, who was conferred the prestigious Padma Shri said on Sunday that the award recognises critical role that startups and the technology sector have played in nation-building, and he feels honoured to be chosen for it. The recognition — in the category of trade and industry — underscores Prakash's invaluable contributions to shaping India's entrepreneurial ecosystem and his impactful work in philanthropy.

Chinese AI research lab, has introduced an advanced AI model, DeepSeek-R1, which is reported to rival leading AI systems from global giants such as OpenAI. The company claims that its model outperforms competitors in areas including mathematical reasoning, code generation, and cost efficiency. The release of this model signals a potential shift in the global AI landscape, where DeepSeek is emerging as a serious competitor, as reported by Wired.

Joint Parliamentary Committee scrutinising the Waqf (Amendment) Bill on Monday adopted all amendments proposed by the ruling BJP-led NDA members and negated every change moved by opposition members. The committee chairman Jagdambika Pal told reporters after the meeting that amendments adopted by the committee will make the law better and more effective.

Aam Aadmi Party MP Sanjay Singh has claimed that the campaigning of Prime Minister Narendra Modi and BJP chief ministers will not have any effect in the upcoming Delhi Assembly election and that his party will emerge victorious in the election.

New Zealand has relaxed its visa rules to allow foreign visitors to work remotely while in the nation as it leans on tourism to help drive an economic recovery.

Colombia and the United States, President Gustavo Petro announced that his country would use its presidential plane to bring home Colombian migrants deported from the US. This decision comes after US President Donald Trump imposed a 25% tariff on all Colombian imports, escalating the conflict between the two nations. This tariff was accompanied by a travel ban and visa restrictions on Colombian officials, a direct response to Petro's refusal to accept deportation flights carrying Colombian nationals.

debt mutual funds.

Raghuram Rajan, former Reserve Bank of India governor, have raised concerns about the country’s strategy for economic growth, emphasising the urgent need for investment in education and human capital development.

Wipro is usually a slow mover, but the ongoing uptrend is replete with bullish continuation patterns, which can make the stock rally towards Rs 335-360 region in the coming fortnight, says Anand James, Chief Market Strategist, Geojit Financial Services. Edited excerpts: Nifty looks on track to end the month on a negative note. What would be your trading strategy on the monthly expiry day, particularly because it comes just ahead of the Budget? With a 2% negative return so far, January appears to end the same way as December which also closed 2% down. But despite the consecutive negative months, it must be noted that unlike October 204, which saw a 6.2% fall, the subsequent months’ close have not been too deep in the red, pointing to the presence of buying interest. This is visible as we head into the budget week, which usually rides on positive expectation despite history pointing to muted reaction on budget day as well deeper cuts in February. However, given the parallel consolidation that we are in, for the last few days, we are encouraged to look for a positive surprise that could aim for 23850-23950. Negative surprises, in the event of rejection trades yet again from 23400 or a direct fall below 22940, could aim for 22260, but the prospects of the same look limited for now.

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