Business News

income tax changes

India’s New Tax Regime Raises the Floor for 1.2 Crore Taxpayers

Parliament’s revised income slabs promise relief but quietly redraw who files and who benefits The Union Budget’s income tax changes take effect from 1 April, reshaping the financial calculus for salaried employees, small business owners, and senior citizens across India. The nil-tax ceiling under the new regime rises to Rs 12 lakh, with a marginal […]

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GST collections

India’s GST Mop-Up Hits Rs 1.83 Lakh Crore in February

An 8.1% annual rise signals sustained consumption strength, but the details complicate the optimism India recorded GST collections of Rs 1.83 lakh crore in February 2026, marking an 8.1% increase over the same month last year. The figure makes February one of the stronger months in the current fiscal year, sustaining a trend of collections

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DeepSeek AI model

DeepSeek Bars US Chipmakers from Its Most Advanced AI Model

China’s leading AI lab draws a hard line, deepening the technology divide DeepSeek has refused to grant American semiconductor companies, including Nvidia, access to its most advanced artificial intelligence system. The Chinese AI laboratory has not framed this as retaliation. It has not needed to. The decision speaks through its structure. The move matters because

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industrial automation

Beijing Launches First Pilot Platform to Bridge Humanoid Robot ‘Mass Production’ Gap

In a decisive move to secure global leadership in embodied artificial intelligence, Beijing has operationalised robot pilot manufacturing Beijing officially launched its first humanoid robot pilot manufacturing and validation platform, marking a critical transition in the capital’s high-tech strategy. Developed by the Beijing Innovation Centre of Humanoid Robotics, the facility aims to solve the industry’s

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energy security

India-US Trade Breakthrough: The End of the ‘Russian Oil’ Era

This has fundamentally rewritten the economic relationship between Washington and New Delhi, trading tariff relief for a total realignment of India’s energy security On Monday, 2 February 2026, US President Donald Trump announced a historic trade deal with India, effectively ending a year of high-stakes economic brinkmanship. Following a phone call with Prime Minister Narendra

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global competitiveness Union Budget

India’s Budget 2026-27: A Defensive Pivot in an Era of Managed Disorder

In a definitive response to a fracturing global order, Finance Minister Nirmala Sitharaman presented a Union Budget that prioritises resilience over raw speed The Union Budget 2026-27 marks a strategic departure from the aggressive expansionism of previous years, opting instead for a “Fortress India” approach. Tabling her ninth consecutive budget, Finance Minister Nirmala Sitharaman focused

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AI infrastructure Amazon

Amazon Eyes $50 Billion Stake in OpenAI to Reshape AI Landscape

Amazon is reportedly in talks to invest up to 50 billion dollars in OpenAI, a move that would position the e-commerce giant as a dominant force Amazon is exploring a massive strategic investment of up to 50 billion dollars in OpenAI, according to reports emerging on 29 January 2026. The negotiations, reportedly led by Amazon

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Economic Survey

India Emerges as Global ‘Oasis’ in Economic Survey 2025-26

The government’s annual stock-take paints a picture of a resilient Indian economy reaching a Goldilocks moment Finance Minister Nirmala Sitharaman tabled the Economic Survey 2025-26 in Parliament, presenting a robust narrative of domestic strength amid a global backdrop of “managed disorder.” The document characterises India as an oasis of macroeconomic stability, forecasting a real GDP

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Prism Open AI

OpenAI Launches Prism: A Free AI-Native Workspace to Accelerate Global Science

OpenAI has unveiled Prism, a unified, free workspace built on GPT-5.2 to streamline the fragmented process of scientific research and publication OpenAI has officially launched Prism, a dedicated, free AI-powered workspace designed to consolidate the scientific research and writing process. The platform represents a significant vertical expansion for the company, moving beyond general-purpose chatbots to

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Meta acquires Manus

Meta acquires Manus as AI competition enters a consolidation phase

The deal signals a shift from model-building to system-level AI capability, reshaping how Big Tech scales intelligence Meta acquires Manus, adding the company’s capabilities to its expanding artificial intelligence stack. While financial terms and integration details remain undisclosed, Meta has confirmed the acquisition. The announcement lands amid an intense phase of AI platform competition. At

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