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Samsung wants India to lead global design, production and innovation efforts

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Celebrating three decades in India, Samsung is deepening its manufacturing, design, and innovation initiatives, aiming to build and innovate products for the world from India. The company, which has filed 14,000 patents from India, is focusing its future vision on AI to drive smart homes and connected living, contributing to a digitally-empowered nation. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Kkh6tMW

ADB raises India's growth forecast for FY26 to 7.2%

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India's economic growth forecast for this year has been boosted to 7.2% by the Asian Development Bank, a significant upgrade from its previous projection. This upward revision is attributed to a stronger third-quarter performance, with tax cuts playing a key role in stimulating consumer spending. The ADB also anticipates a robust regional economic expansion. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Kaz4oW6

Didn't engineer chaos to bypass pilot rest rules: IndiGo chairman

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IndiGo's chairman, Vikram Singh Mehta, apologized for recent flight disruptions, denying they were deliberate. He stated external experts will identify root causes to prevent future chaos. Mehta clarified that the airline followed new pilot rest rules and did not compromise safety. A combination of internal and external factors, not intentional actions, pushed systems beyond limits, causing cancellations. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/K5CrSs9

'Direct path to citizenship': Donald Trump launches Gold Card, cites corporate demand — what it means

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US President Donald Trump has launched the 'Trump Gold Card,' a new immigration initiative offering a direct path to citizenship for qualified individuals. This program aims to retain invaluable talent for American companies, with applicants potentially contributing billions to the US Treasury. Earlier proposals indicated significant financial contributions for this expedited residency pathway. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/mR3fGp9

US Fed meet: Jerome Powell-led FOMC cuts rate by 25 basis points; lowest level in almost three years

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The Federal Reserve's FOMC reduced its key interest rate by 25 basis points, bringing it to a near three-year low. This move aims to bolster the US economy amidst deteriorating employment conditions, though concerns about inflation persist due to trade tariffs. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/SOuX2iG

Sensex slides 1k pts in 2 days, ends below 84k

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Trj7JC6

Nadella pledges $17.5 billion AI, cloud funding in India

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Microsoft is injecting a massive $17.5 billion into India, its largest investment in Asia, to bolster cloud and AI infrastructure. This significant commitment, alongside Google's plans, underscores India's growing importance as a global AI hub. The investment aims to enhance skilling and operations, positioning India as a frontier AI nation ready for transformative growth. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/XOhnIgd