Business

Infrastructure and power push in Union Budget likely to ramp up a

India's aluminium demand is likely to remain strong as the government is expected to continue its emphasis on infrastructure development and power sector expansion in the upcoming Union Budget, said National Aluminium Company Ltd (NALCO) Chairman and Managing Director Brijendra Pratap Singh.

2026-01-19T03:57:16.950003+00:00 IST

UP delegation arrives in Davos for WEF 2026 to showcase USD 1 tri

A high-level delegation from Uttar Pradesh, led by the state's Finance Minister Suresh Kumar Khanna, arrived in Zurich on Monday to participate in the 56th Annual Meeting of the World Economic Forum in Davos. The visit aims to position the state as a global investment destination as it pursues a USD 1 trillion economy target through infrastructure and technology-led growth.

2026-01-19T02:47:40.375192+00:00 IST

Marathi community in Switzerland welcomes Maharashtra CM Devendra

Maharashtra Chief Minister Devendra Fadnavis arrived in Switzerland on Monday to attend the World Economic Forum (WEF) in Davos, where he will represent the state at the global economic summit focused on discussions around international economic growth and cooperation.

2026-01-19T02:42:09.690716+00:00 IST

NALCO accelerates overseas push for lithium and critical minerals

State-run National Aluminium Company Ltd (NALCO) is fast-tracking its overseas strategy to explore and produce lithium and other critical minerals, aiming to secure long-term supply amid rising demand and tightening global availability, Chairman and Managing Director Brijendra Pratap Singh told ANI.

2026-01-19T02:40:13.891404+00:00 IST

Davos decked up for WEF as MP showcases India’s Investment Promis

Held under the theme "A Spirit of Dialogue", the WEF Annual Meeting 2026 comes at a critical juncture for global cooperation, bringing together top political leaders, including heads of state and government, alongside global CEOs and leading unicorns and technology pioneers.

2026-01-18T12:55:22.047640+00:00 IST

Investing in women’s employment key to inclusive economy: WEF

Investing in women's employment is the most efficient way of achieving a resilient, inclusive and future-proof economy, argues Ebru Ozdemir, Chairperson of the Board, Limak Holding, and Chair of World Economic Forum Engineering and Construction Industry Group.

2026-01-18T10:55:12.614308+00:00 IST

Power distribution cos record positive PAT after years of losses:

The country's power distribution utilities (DISCOMs and power departments) have collectively recorded a positive Profit After Tax (PAT) of Rs 2,701 crore in the year 2024-25, marking a significant turning point for the sector, Manohar Lal, Union Minister of Power, said.

2026-01-18T09:21:39.038786+00:00 IST

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Business

Centre may prioritise debt consolidation, capex in Budget: ICRA

The government is likely to prioritise medium-term debt consolidation while sustaining a strong push for capital expenditure in the upcoming Union Budget for 2026-27, according to pre-Budget expectations outlined by rating agency ICRA.

2026-01-18T08:45:45.676573+00:00 IST

Business

'India to grow at a healthy 7% in 2026-27 despite uncertainties'

Even with external uncertainties lingering, the Indian economy is expected to record healthy growth of 7 per cent in the upcoming financial year 2026-27, CareEdge Ratings has asserted.

2026-01-18T08:10:04.182658+00:00 IST

Business

Uttar Pradesh set to present itself at Davos 2026

Uttar Pradesh is set to participate in the World Economic Forum (WEF) Annual Meeting 2026, being held in Davos, Switzerland, from January 19 to 23.

2026-01-18T07:47:29.719948+00:00 IST

Business

Devendra Fadnavis set to promote Maharashtra at Davos

Maharashtra Chief Minister Devendra Fadnavis is set to represent his state at the annual World Economic Forum 2026 at Davos.

2026-01-18T07:18:09.444259+00:00 IST

Business

India forex reserves rise $392 million to $687.2 billion

India's foreign exchange reserves rose marginally, by USD 392 million in the week that ended January 9, to USD 687.193 billion, driven by a jump in gold reserves while foreign currency assets dropped, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed. This followed a sharp drop in the previous week.

2026-01-18T05:57:52.020522+00:00 IST

Business

Global cooperation holds steady but shape is changing: WEF

Global cooperation has broadly remained stable despite mounting geopolitical and economic pressures, according to the Global Cooperation Barometer 2026, released by the World Economic Forum (WEF) in collaboration with McKinsey & Company.

2026-01-18T05:42:38.887445+00:00 IST

Business

CII Business Confidence Index rises third straight quarter

Business confidence among Indian industry is high, as corroborated by the latest Business Outlook Survey of the Confederation of Indian Industry (CII), which said India has firmly established itself as the world's fastest-growing major economy, demonstrating remarkable resilience amid global uncertainty shaped by geopolitical tensions, trade weaponisation, and a slowing world economy.

2026-01-18T05:35:35.034724+00:00 IST

Business

Senior citizens likely to get relief under targeted tax measures

Senior citizens could be among the biggest beneficiaries of India's Union Budget 2026, with the government expected to consider higher deductions on interest income and healthcare-related relief, Tarun Garg, Executive Director at Deloitte India, told ANI.

2026-01-18T04:54:05.900703+00:00 IST

Business

WEF 2026 to open with Batiste concert performance

The upcoming World Economic Forum (WEF) Annual Meeting will take place in Davos from January 19 to January 23. This year, the event will open with a musical concert rather than formal speeches or policy briefs.

2026-01-18T03:44:03.502130+00:00 IST

Business

Committed to taking full cognisance of DGCA orders: IndiGo

The Chairman and Members of the Board of Directors of InterGlobe Aviation Limited on Saturday said that they are committed to taking full cognisance of the findings of the DGCA orders in relation to IndiGo's operational disruptions in December last year and "will take appropriate measures".

2026-01-17T16:42:01.569264+00:00 IST

Business

DGCA imposes Rs 22.20 Crore penalty on IndiGo

A four-member committee constituted by the DGCA examined the airline's operational planning, crew rostering, management oversight and software systems. According to the committee's findings, the primary causes of the disruption were excessive operational optimisation, inadequate regulatory preparedness, deficiencies in system software support, and shortcomings in management structure and operational control.

2026-01-17T16:09:13.575369+00:00 IST

Business

Gautam Adani hails Vishakha Group’s industrial ecosystem

Adani Group Chairman Gautam Adani on Saturday said that Vishakha Group's coordinated industrial ecosystem spanning solar glass, aluminium, polymer films and advanced materials represents a new model of Indian manufacturing capable of strengthening the country's renewable energy future while setting international benchmarks.

2026-01-17T15:08:58.825654+00:00 IST

Business

CEO of WEF flags debt, geopolitics as key threats

Brende was speaking ahead of the WEF's annual meeting in Davos, and said, "Despite geopolitical fragmentation, the global economy has shown resilience. Investment continues, and technology, particularly AI and clean energy, is reshaping growth prospects." He said this moment calls for dialogue, restraint and cooperation that is fit for a more volatile world. "Avoiding escalation is essential if we are to sustain growth and build resilience in this new era."

2026-01-17T14:48:06.785859+00:00 IST

Business

Wings India 2026 to spotlight sustainable aviation

Anchored around the theme "Indian Aviation: Paving the Future - From Design to Deployment, Manufacturing to Maintenance, Inclusivity to Innovation and Safety to Sustainability," Wings India 2026 will spotlight India's rapidly expanding aviation ecosystem, its growing global footprint, and its ambition to emerge as a major hub for manufacturing, services, innovation and sustainable aviation solutions.

2026-01-17T11:04:18.777619+00:00 IST