Saturday, January 31, 2026 News Archive

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Union Budget 2026 delivers tax relief and boosts AI-led capital spending

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Union Budget 2026 delivers tax relief and boosts AI-led capital spending
Union Budget 2026 offered tax relief and higher capex, with AI, manufacturing, and infrastructure sectors expected to benefit from targeted spending and incentives.
Union Budget 2026 outlined sector-specific measures including personal tax relief, higher capital expenditure, and targeted support for artificial intelligence adoption. Analysts said manufacturing, infrastructure, and technology sectors are likely to benefit from increased public spending and incentives. The budget also focused on fiscal discipline while encouraging private investment, aiming to balance consumption growth, innovation-led expansion, and long-term economic stability across industries.
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AI reshapes procurement into a strategic growth engine

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AI reshapes procurement into a strategic growth engine
AI is redefining procurement by improving forecasting, supplier management, and decision-making, enabling the function to evolve into a strategic growth driver.
Artificial intelligence is transforming procurement from a cost-control function into a strategic growth driver, according to industry experts. AI tools are helping organisations improve demand forecasting, supplier selection, risk management, and spend visibility. Leaders said intelligent automation enables faster decision-making, resilience across supply chains, and closer collaboration with business teams, positioning procurement as a value-creating partner rather than a back-office operation.