- Rolls Royce Plan for Moon Nuclear Reactor Stalls, Telegraph Says February 1, 2026British engine maker Rolls-Royce Holdings Plc has halted a plan backed backed by millions in government funding to put a mini nuclear reactor on the Moon, the Telegraph reported.
- Pro-Beijing Paper Blasts Panama’s Ruling Against CK Hutchison February 1, 2026A pro-Beijing newspaper has slammed a decision by Panama’s top court to void CK Hutchison Holdings Ltd.’s contract to operate two ports, accusing the ruling of kowtowing to US pressure and urging Hong Kong businesses to halt investment in the region.
- Capgemini to Divest US Unit Criticized for Contracts With ICE February 1, 2026French IT services provider Capgemini SE plans to sell a US-based unit that’s facing scrutiny over its contracts with US Immigration and Customs Enforcement (ICE).
- Setback for Elon Musk as US judge signals xAI's trade theft allegations against OpenAI may get dismissed February 1, 2026Elon Musk's xAI lawsuit against OpenAI may soon be dismissed as a federal judge tentatively supports OpenAI's request. xAI alleged unfair competition and trade secret theft, but the judge found their claims lacked plausibility. xAI may amend its claims if the case is dismissed.
- Market manipulation? Khaby Lame’s net worth soars to ₹60,510 crore after historic deal; then, stock crashes 77% February 1, 2026Khaby Lame's Step Distinctive Limited was acquired by Rich Sparkle Holdings for $975 million, with the company transitioning to a platform-led model. The deal includes creating an AI version of Lame. His stake was valued at about $6.6 billion at one point.
- Why Sitharaman’s ninth budget chose continuity over courage February 2, 2026Nirmala Sitharaman's ninth budget emphasized continuity, focusing on GDP growth and increased capital expenditure. While fiscal consolidation continues slowly, the budget introduced a securities transaction tax hike on derivatives and taxed buybacks, aiming to curb speculation and tax arbitrage. Asset monetisation is also being prioritized over outright […]
- Budget 2026: A slow-cooked recipe for wholesome consumption February 1, 2026The government has chosen to prioritise investment, productivity and job creation. Public capex remains the backbone of the budget, with continued emphasis on infrastructure, manufacturing, logistics and industrial ecosystems. Alongside this, the sustained focus on micro, small and medium enterprises (MSMEs), startups and skilling is significant. These areas […]
- Union Budget trims TCS, simplifies TDS to ease burden on taxpayers February 1, 2026The budget simplifies tax collection with revised Tax Collected at Source (TCS) rates, significantly benefiting overseas travelers, students, and those seeking medical treatment abroad. Changes include a reduced 2% TCS on education, medical, and tour packages under ₹10 lakh, easing upfront costs.
- Farm jam: Budget bets on nuts, cocoa, fisheries to boost agri value February 1, 2026India's latest budget places a strong emphasis on high-value agricultural products and supporting industries. This forward-thinking approach not only aims to cut down on imports but also seeks to elevate farmers' earnings and increase export potential.
- A Budget of Calibrated Ambition: Reading FY27 fiscal tea leaves February 1, 2026Finance Minister Nirmala Sitharaman's Budget 2026-27 prioritizes stability and resilience. The fiscal deficit remains controlled, while capital expenditure sees a historic rise. Strategic sectors like electronics and biopharma receive a boost. The services sector, a key growth driver, gains renewed emphasis with tax reforms. Direct tax laws are simplifi […]
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