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    MP has all right ingredients to become IT hub: HCLTech
Business

MP has all right ingredients to become IT hub: HCLTech

Abhay Chaturvedi, Corporate Vice President - Tech Industries at HCL Technologies (HCLTech), expressed strong optimism about Madhya Pradesh's potential to emerge as a significant technology and AI hub, following a meeting with the Madhya Pradesh delegation on the sidelines of the World Economic Forum in Davos.


      MP govt discusses future of renewable energy

MP govt discusses future of renewable energy

As per the release shared by the MP Government, during the interaction, Amara Raja sought insights into Madhya Pradesh's progress on energy storage. The state highlighted a major battery storage initiative in the Morena region in northern Madhya Pradesh, where battery systems are currently enabling two hours of storage during evening peak demand and two hours during early morning hours. Further, the Madhya Pradesh government during the discussion outlined its broader strategy to move towards round-the-clock renewable energy, with a focus on achieving 24-hour solar power through integrated battery storage solutions.

      The rise of GenAI represents a fundamental shift

The rise of GenAI represents a fundamental shift

"As we look ahead to 2026, a clearer picture of AI's impact is emerging. We are witnessing the advent of a new form of organizational intelligence, where combinations of humans and machines shape how choices are developed, presented and discussed," the article read. He said that to unlock AI's true value, businesses need to collaborate across ecosystems, apply deep domain insights, ensure rigorous governance and scale responsibly through co-innovation models. AI should improve the organizational decision-making process by presenting better choices that are backed by data.

      UP has emerged as global destination for industrial growth, strategic partnerships: State Finance Minister at WEF 2026

UP has emerged as global destination for industrial growth, strategic partnerships: State Finance Minister at WEF 2026

As the World Economic Forum (WEF) Annual Meeting 2026 convenes in Davos, Switzerland under the theme "A Spirit of Dialogue," a high-level delegation from Uttar Pradesh has arrived. Led by Minister for Finance & Parliamentary Affairs, Suresh Kumar Khanna is all set to showcase the state's radical transformation into a secure global investment hub.

      Piyush Goyal discusses bilateral relationship with US senator Dai

Piyush Goyal discusses bilateral relationship with US senator Dai

Commerce Minister Piyush Goyal met US Senator Steve Daines and the US Ambassador to India Sergio Gor, and had a "productive exchange" of views on the bilateral relationship front.

      Once called BIMARU, today progressive, safe state: UP Minister

Once called BIMARU, today progressive, safe state: UP Minister

Uttar Pradesh Finance Minister Suresh Kumar Khanna, leading a high-level delegation from the state in the 56th Annual Meeting of the World Economic Forum in Davos, said that the state is now "progressive and safe" under Prime Minister Narendra Modi and Chief Minister Yogi Adityanath.

      ICEA seeks duty cuts, operational reforms in Union Budget 2026

ICEA seeks duty cuts, operational reforms in Union Budget 2026

According to the association, although these components account for a small share of the bill of materials, higher duties increase overall production costs and reduce India's global competitiveness. Aligning duties with other sub-assemblies would support scale, discourage arbitrage, and encourage greater local value addition. The industry body has also sought a reduction in duties on finished hearables and wearables from 20% to 15%, along with a cut in duties on their mechanical parts from 15% to 10%.

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    Indian stocks extend losses into fresh week, risk appetite fades
Business

Indian stocks extend losses into fresh week, risk appetite fades

Indian equity benchmarks commenced the fresh trading week on a downward trajectory on Monday, as global risk appetite seemed to have faded following new international trade threats. The Sensex and Nifty closed 0.4 per cent lower each today.


    India achieves record electronics export in 2025 at $47 billion
Business

India achieves record electronics export in 2025 at $47 billion

India achieved record electronics exports of worth USD 47 billion (Rs 4.15 lakh crore) in the just concluded year 2025, Union Minister for Electronics and IT, Ashwini Vaishnaw, said Monday.


    Thermal power’s share in electricity generation to fall below 70%
Business

Thermal power’s share in electricity generation to fall below 70%

Crisil Ratings estimated that thermal power's share will decline to about 72% in the current fiscal from nearly 75% in FY25, before slipping further below the 70% mark next year. As a result, plant load factors (PLFs) of thermal power plants are projected to moderate to 64-66% in the current and next fiscal, compared with 69% in FY25.


    India to grow 6.4% in 2026, 2027, remain fastest-growing economy
Business

India to grow 6.4% in 2026, 2027, remain fastest-growing economy

India is set to retain its position as the world's fastest-growing major economy over the next two years, even as global growth shows signs of moderation, according to the International Monetary Fund's (IMF) World Economic Outlook Update released in January 2026.


    WEF report finds how leading organisations are transitioning
Business

WEF report finds how leading organisations are transitioning

The World Economic Forum released a report on Monday, revealing successful AI stories that already delivered measurable performance gains and detailing how pioneering organisations moved beyond experimentation to achieve impact at scale. As investment accelerated and expectations rose, the findings highlighted a growing divide between companies that built the capabilities to scale AI and those still struggling to deploy it effectively.


    PSBs sanction over Rs 52,300 crore in MSME loans
Business

PSBs sanction over Rs 52,300 crore in MSME loans

Small business financing in India has undergone a massive digital transformation, with Public Sector Banks (PSBs) sanctioning more than 3.96 lakh MSME loan applications between April 1 and December 31, 2025. These sanctions, totalling over Rs 52,300 crore, were made possible through the newly launched Credit Assessment Model (CAM).


    RBI expected to keep interest rates steady as inflation creeps up
Business

RBI expected to keep interest rates steady as inflation creeps up

Reserve Bank of India is expected to keep key policy rates unchanged at its upcoming monetary policy review meeting, slated during February 4-6, 2026, according to Crisil.


    Himanta lands in Davos, set to showcase Assam's potential
Business

Himanta lands in Davos, set to showcase Assam's potential

Chief Minister Himanta Biswa Sarma has created history by becoming the first Chief Minister from Assam to attend the World Economic Forum (WEF) Annual Meeting in Switzerland. His participation at WEF Davos 2026, being held from 19-23 January, marks a significant milestone in positioning Assam on the global economic and policy-making stage.


    Luxury homes above Rs 1 crore capture 63% market share despite 11
Business

Luxury homes above Rs 1 crore capture 63% market share despite 11

Premium housing units priced at Rs 1 crore and above saw 6 per cent year-on-year (Y-O-Y) growth in unit sales during 2025, highlighting market premiumization trends despite an 11 per cent decline in the overall residential market. According to a press release by JLL, total residential sales fell to 270,323 units in 2025, yet the market demonstrated a clear shift toward higher price segments. Apartments priced above Rs 1 crore increased their market share from 53 per cent in 2024 to 63 per cent in 2025, while the mass segment's share contracted from 47 per cent to 37 per cent.


    Global supply chains enter era of structural volatility: WEF
Business

Global supply chains enter era of structural volatility: WEF

Global value chains have officially entered an era of structural volatility, forcing a fundamental rethink of how products are made and moved around the world. A new report released today by the World Economic Forum (WEF) at its Annual Meeting reveals that disruption is no longer a temporary hurdle but a permanent feature of the global economy, driven by geopolitical fragmentation, technological acceleration, and the energy transition.


    GCCs drive India’s office market to historic highs in 2025
Business

GCCs drive India’s office market to historic highs in 2025

India's office market achieved a landmark milestone in 2025, reaching an all-time high absorption of 78.2 million sq ft despite a backdrop of global macroeconomic uncertainties and geopolitical headwinds.


    GAIL launches DPNG supply at two societies in Bhubaneswar
Business

GAIL launches DPNG supply at two societies in Bhubaneswar

During the National PNG Drive 2.0, state-owned company GAIL successfully launched Domestic Piped Natural Gas (DPNG) supply at two prominent residential societies in Bhubaneswar, marking a significant step towards expanding clean, safe and reliable energy access to households in the city.


    Our societies face decline of truth, trust: WEF founder Schwab
Business

Our societies face decline of truth, trust: WEF founder Schwab

World Economic Forum founder and ex-chairman of its Board of Trustees, Klaus Schwab, issued a stark warning regarding the erosion of societal foundations ahead of the annual gathering in Davos. In a message shared on X, Schwab emphasised that the global community currently lacks the two fundamental pillars of truth and trust required to address urgent international challenges. He stated that without restoring these values, the capacity for collective action remains at risk.


    Market in red at opening bell amid global tariff concerns and wea
Business

Market in red at opening bell amid global tariff concerns and wea

Indian equity benchmarks commenced the trading week on a downward trajectory on Monday, as global risk appetite faded following new international trade threats. The BSE Sensex and the NSE Nifty 50 both opened in the red, with market participants reacting to what analysts described as "Tariff Tantrums" impacting sentiment across global markets. The indices showed a synchronised decline in early trade as investors grappled with a lack of domestic catalysts.

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Indian stocks extend losses into fresh week, risk appetite fades

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India achieves record electronics export in 2025 at $47 billion

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Thermal power’s share in electricity generation to fall below 70%

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India to grow 6.4% in 2026, 2027, remain fastest-growing economy

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WEF report finds how leading organisations are transitioning

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