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business

FM Sitharaman and team face multiple challenges in framing the FY26 budget

The uphill task before the Finance Minister and her team would be to bolster growth without sacrificing fiscal prudence. The government is also expected to stick to the fiscal glide path of reducing the fiscal deficit to below 4.5% of Gross Domestic Product (GDP) in FY26 amidst various headwinds.

I love staring at my wonderful wife: Anand Mahindra weighs in on 90-hour work week debate

It isn't about 40 hours or 70 hours or 90 hours, you can change the world even in 10 hours if the focus is on "the quality of work," the Mahindra Group Chairman says after L&T Chaiman SN Subrahmanyan sparked an online outrage asking employees to stop staring at their wives and show up to work on Sundays too.

L&T stands by chairman's controversial 90-hour work week statement, highlights nation-building mission

After Larsen & Toubro chairman SN Subrahmanyan was trolled heavily for his remarks that his employees should be at work even on Sundays, the company issued a statement that he only aimed to stress that "extraordinary outcomes require extraordinary effort."

RBI

New RBI chief faces challenge to manage rupee's exchange rate as dollar surges

RBI's new Governor Sanjay Malhotra has not spelled out his policy stance on the rupee but there are signs he may allow the currency to fluctuate more naturally before taking a tough decision on managing its exchange rate, according to experts.

FM Budget

Raise income tax exempt limit to ₹ 10 lakh, RSS unions urge FM ahead of Union Budget 2025

Implementation of an agriculture-specific package, extending MGNREGA work days to 200, quickening GST refunds, and establishing a thorough manufacturing strategy to address Chinese imports were some other demands raised by Rashtriya Swayamsevak Sangh (RSS) affiliated organizations in their discussion with Nirmala Sitharaman.

Shutterstock and Getty Images merge to form $3.7 bn visual content giant

The companies said on Jan 7 that they have complementary portfolios, and the transaction creates a broader set of visual content products across still imagery, video, music, 3D, and other asset types.

Whopping wealth brings along loss of purpose: Loom co-founder Vinay Hiremath reflects after selling firm for $975 mn

In a blog, Indian-origin Hiremath, who sold his video communication software startup in 2023, expresses uncertainty and a lack of purpose, admitting to a loss of motivation and optimism despite the freedom his wealth has brought him.