India Unveils Budget with Billions for Job Creation and Coalition Allies

NEW DELHI – The Indian government has allocated billions of dollars towards job creation and support for regions governed by key coalition partners in its latest budget. This move aims to strengthen the coalition and regain voter support following Prime Minister Narendra Modi’s recent election setback. Key budget allocations include $32 billion for rural programs…

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Indian Airlines and Brokerages Hit by Global IT Outage

MUMBAI — Indian airlines and several brokerages experienced significant disruptions on Friday due to a widespread global IT outage. The technical difficulties have affected various sectors, including travel and finance. Indian airlines, including SpiceJet, IndiGo, Akasa Air, Vistara, Air India, and Air India Express, reported issues with their online services. These disruptions impacted booking, check-in,…

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New Modi Government’s First Budget Likely to Focus on Jobs and Rural India, Says Goldman Sachs

MUMBAI – The first budget presented by Prime Minister Narendra Modi’s new government is expected to emphasize welfare spending, particularly targeting the rural economy and job creation, according to a note from economists at Goldman Sachs on Monday. Scheduled for presentation on July 23, the budget proposal for the financial year ending March 2025 will…

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