World Updates
In 2025, “uncertainty” was probably the most frequently used word in the vocabulary of anyone following the global economy, and it seems unlikely that this will change in 2026. Economic Survey Highlights and Global Scenarios The word appears 186 times in the Economic Survey 2025–2026, which is consistent with this. For 2026, the Chief Economic … Read more
As the US tech giants compete for dominance in the upcoming wave of technological developments, Meta Platforms Inc. plans to treble capital spending to as much as $135 billion this year. This is an all-in bet on artificial intelligence. Tesla and Meta’s Massive AI Investment Plans Tesla Inc. plans to invest $20 billion this year … Read more
Tax specialists are increasingly advocating for a reset of India’s long-term savings incentives as the Union Budget 2026 draws near, claiming that current provisions have not kept up with inflation, growing living expenses, and changing employment trends. Budget 2026 and the Need to Reset Long-Term Savings Incentives Section 80C of the Income-tax Act, which is … Read more
According to the Economic Survey for 2025–2026, “the expansion of unconditional cash transfers across several States has contributed to rising revenue expenditure, with implications for fiscal space and public investment at the state level,” even though the Center has achieved fiscal consolidation alongside record public investment. Economic Survey Warning on State Cash Transfers Rising revenue … Read more
In India, credit cards are becoming a fairly common payment method for online shopping, eating out, and even booking flights and hotels for a trip. Growing Popularity of Credit Cards in India Credit cards are a favorite financial tool for many consumers, particularly young people, due to its easy credit facilities, rewards, and discounts. A … Read more