India's fiscal deficit in the first eight months (April-November) of the financial year 2025-26 was estimated at Rs 9.8 lakh crore, or 62.3 per cent of the budget estimate for the full financial year, data released by the Controller General of Accounts on Wednesday showed.
India stands at the cusp of a new era powered by Artificial Intelligence (AI), and the government has allocated more than Rs 10,300 crore over the five years for the ‘IndiaAI Mission’ with 38,000 GPUs deployed, it was announced on Tuesday.
Legally binding commitments on professional services under various free trade agreements (FTAs) would unlock global markets for Indian professional services, an official statement said on Wednesday.
The United States and India must conclude a long-pending trade agreement to unlock deeper economic integration and reinforce business confidence on both sides, Atul Keshap, President of the US-India Business Council (USIBC), said following a recent visit to India.
