ET logo
Posted in Economy

Affluent India shifts to experience-led spending, travel accounts for 58% of discretionary wallet: Report

India’s affluent consumers are increasingly shifting towards experience-led spending, with travel emerging as the dominant category accounting for 58 per cent of discretionary expenditure among…

Continue Reading
Bengaluru leads Delhi, Mumbai in startup deals, investments: CM Siddaramaiah
Posted in Startups

Bengaluru leads Delhi, Mumbai in startup deals, investments: CM Siddaramaiah

Bengaluru continues to lead India’s startup ecosystem with 89 deals worth $823 million signed in the January-March quarter of 2026, well ahead of Delhi and…

Continue Reading
ET logo
Posted in Economy

India allows 25 lakh tonnes additional wheat exports, total reaches 50 lakh tonnes

New Delhi: The Commerce Ministry‘s arm DGFT has notified the government’s decision to permit 25 lakh tonnes of wheat exports. On April 20, the Centre…

Continue Reading
ET logo
Posted in Economy

India–New Zealand $20 billion FTA: List of sectors set to gain ground as the deal kicks in

With the India-New Zealand FTA signing, New Delhi’s export-heavy sectors including textiles and apparel, leather and footwear, engineering goods, pharmaceuticals, and select agricultural products are…

Continue Reading
ET logo
Posted in Economy

Goods moved from SEZs to domestic markets treated as imports; duty drawback applicable on re-exports

New Delhi: The government has clarified that when goods are supplied from SEZ units to the domestic market after paying applicable duties and later re-exported,…

Continue Reading
Chinese billionaire overhauls AI startup after warning on Manus
Posted in Startups

Chinese billionaire overhauls AI startup after warning on Manus

The fallout from Meta Platforms Inc.’s controversial acquisition of Manus is prompting one tech founder to erect strict walls between his Chinese and US businesses,…

Continue Reading
Deepinder Goyal says AI chat interfaces won't displace food delivery and quick commerce business
Posted in Startups

Deepinder Goyal says AI chat interfaces won’t displace food delivery and quick commerce business

Eternal founder Deepinder Goyal dispelled fears that artificial intelligence (AI) chat interfaces could displace food delivery and quick commerce apps, while making the case that…

Continue Reading
ET logo
Posted in Economy

India–New Zealand FTA to double India’s engineering exports to $280–300 mn in five years

Kolkata: India’s engineering exports to New Zealand are poised to double over the next five years from USD 140.5 million to USD 280-300 million, following…

Continue Reading
ET logo
Posted in Economy

India industrial output hits 5-month low of 4.1% in March as power, manufacturing drag

India’s industrial output growth slowed to a five-month low of 4.1% in March 2026, weighed down by subdued manufacturing and a sharp moderation in power…

Continue Reading
ET logo
Posted in Economy

India-New Zealand FTA duty concessions under to help boost exports of single malt whisky: CIABC

New Delhi: Duty concessions on Indian liquor under the free trade agreement with New Zealand will boost exports of single malt whisky and enhance price…

Continue Reading