Business

The 16th Finance Commission (FC)’s vertical devolution recommendations prioritise the needs of the Centre over the realities of States. By merely acknowledging, rather than heeding, States’ fiscal pressures, the FC has taken a distinctly conservative stance. To grasp the underlying tensions, we must first look deeper into the structural issues. The 16th FC has maintained…

Better days seem to be ahead for the country’s electricity sector, especially power distribution utilities, including power departments, commonly known as DISCOMs. For long, DISCOMs, now numbering 72 across the country (44 State-owned, 16 private-sector entities, and 12 power departments), had presented a grim picture with never-declining line losses, also called Aggregate Technical and Commercial…

The Centre on April 27 said it has allowed exports of 99,500 tonnes of onions, mainly sourced from Maharashtra, to six neighbouring countries despite the ban on shipments. The Centre has also allowed exports of 2,000 tonnes of white onion cultivated, especially, for export markets in the Middle East and some European countries. On December…

HONG KONG, CHINA – JANUARY 05: A general view of the BYD Auto showroom on January 5, 2026, in Hong Kong, China. (Photo by Sawayasu Tsuji/Getty Images) Sawayasu Tsuji | Getty Images News | Getty Images BEIJING — Chinese electric car giant BYD reported a nearly two-year low in local sales in January, signaling mounting…

Tankers docked at the Phillips 66 Freeport Terminal in Freeport, Texas, US, on Friday, Jan. 16, 2026. Mark Felix | Bloomberg | Getty Images Oil prices rose Wednesday after President Donald Trump said Iran’s Supreme Leader Ayatollah Ali Khamenei “should be very worried.” U.S. crude oil rose $1.93, or 3.05%, to close at $65.14 a…

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An Amazon Go store in New York, US, on Tuesday, Jan. 27, 2026. Michael Nagle | Bloomberg | Getty Images Layoff plans hit their highest January total since the global financial crisis while hiring intentions reached their lowest since the same period, outplacement firm Challenger, Gray & Christmas reported Thursday. U.S. employers announced 108,435 layoffs…

Various cans of alcoholic ready-to-drink beverages, including Captain Morgan’s rum and cola; Bacardi’s mango mojito; Archers’ schnapps and lemonade; Malibu’s pineapple and piña colada cocktails; and Gordon’s gin and tonic cocktails, are displayed for sale in a supermarket on Jan. 10, 2024. John Keeble | Getty Images The U.S. alcohol industry had another sobering year…

The government has expanded the criteria for recognising entities as startups by doubling the turnover threshold to Rs 200 crore, while also introducing a new recognition category for ‘Deep Tech Startups’, aimed at supporting high-technology and research-driven enterprises.The move is part of broader efforts to align policy support with the evolving nature of India’s startup…

Congress also invoked Article 105, which guarantees freedom of speech to Members of Parliament, and said it was the Speaker’s “sacred duty” to ensure that this freedom was protected. | Photo Credit: Sansad TV Congress MP K.C. Venugopal on Thursday (February 5, 2026) wrote to Lok Sabha Speaker Om Birla alleging “serious procedural irregularities” and…