Business

The Union Government has released Rs 127.586 crores to Rural Local Bodies and Panchayati Raj Institutions in Tamil Nadu during the financial year 2025-26, an official release from the Ministry of Panchayati Raj said on Saturday.

Indian Metals and Ferro Alloys (IMFA) is gearing up to enter the critical minerals sector by participating in upcoming auction processes for mineral blocks in the country, the company's Managing Director, Subhrakant Panda, has said.

Indian Metals and Ferro Alloys (IMFA) is set to become India's largest and the world's sixth-largest ferro chrome producer following its acquisition of Tata Steel's Kalinganagar ferro chrome plant, which is expected to be completed by January 2026, Subhrakant Panda, Managing Director of Indian Metals and Ferro Alloys (IMFA) told ANI.

Commerce Minister Piyush Goyal on Saturday hit out at those who he alleged had their "perception" that India's destiny is mere 4-4.5 per cent economic growth, and it could not or did not have the potential to grow at a pace higher than that.

The government has sanctioned 38 projects for new lines, gauge conversion, and doubling of tracks covering 5,098 kilometres at a total cost of Rs 89,780 crore in Maharashtra.

Global dealmaking activity is surging as companies use "dream deals" to gain new technology and grow their market size. The Goldman Sachs 2026 Global M&A Outlook report shows that global M&A volumes increased by 40 per cent year-over-year. A major part of this growth comes from the largest transactions, as mega M&A deals worth over USD 10 billion rose by 128 per cent. This surge follows a period of market changes where central banks cut interest rates and policy rules became clearer.