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Budget expectations 2026: SBI Research sees fiscal discipline holding amid global churn, capex to stay growth anchor

The Union Budget 2026–27 will be framed against an increasingly fragile global backdrop marked by geopolitical flux, volatile financial markets and a sharp rally in commodities, but India is expected to retain its macro stability with a calibrated fiscal strategy and sustained public investment, according to a pre-Budget assessment by State Bank of India Research.SBI…

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State mourning after Ajit Pawar dies in plane crash: Are banks in Maharashtra closed tomorrow?

The Maharashtra state government has declared a three day state mourning after the passing away of Deputy Chief Minister Ajit Pawar. The veteran leader of Nationalist Congress Party, died in a plane crash on Wednesday morning in Baramati.Along with Pawar, his personal security officer, an aide, and two crew members comprising the pilot in command…

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US markets today: S&P 500 crosses 7,000 for first time; tech stocks, AI optimism keep Wall Street buoyant

US stocks edged higher on Wednesday, with the S&P 500 breaching the 7,000-point mark for the first time, underscoring sustained investor optimism around artificial intelligence, resilient Big Tech earnings prospects and expectations of eventual monetary easing.The benchmark index rose 0.3 per cent, extending gains after its latest record close. The Dow Jones Industrial Average advanced…

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‘Just about dotting Is, crossing the Ts’: India-US trade deal may be ‘finalised any day now’: Report

India-US trade deal: The much-awaited trade deal between India and the US may be finalised ‘any day now’. A report quoting sources in the Ministry of External Affairs has said that discussions between the two sides are underway and significant progress has been made towards the goal of finalising a trade deal. US President Donald…

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Canada looks to fast-track India trade talks, invites Commerce minister Piyush Goyal for FTA push

Canada has conveyed its intent to expedite the launch of formal negotiations for a free trade agreement (FTA) with India, signalling a reset in bilateral trade engagement after talks were paused in 2023, PTI reported citing an official statement on Wednesday.Canada’s Minister of Export Promotion, International Trade and Economic Development Maninder Sidhu has invited Commerce…

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