ET logo
Posted in Economy

India’s gold tariff hike fuels smuggling revival, squeezes banks and refiners

India’s sharp increase in gold import tariffs is fuelling a resurgence in smuggling ​that could exceed 100 metric tons this year, as soaring grey market…

Continue Reading
ET logo
Posted in Economy

Govt publishes rules for setting up of coal exchanges

New Delhi: The government on Tuesday said it has published rules for setting up coal exchanges, a move aimed at bringing transparency and efficiency to…

Continue Reading
A data center of Alphabet, which turned to bonds last year to fund AI investments.
Posted in Business

Wall Street Is Rushing to Fund the AI Bonanza in Every Conceivable Way

Funding rounds and IPOs raising 11-figure sums. Blockbuster bond sales spanning three continents. The casual announcement of an $85 billion equity raise. A data center…

Continue Reading
ET logo
Posted in Economy

Assam CM Himanta Biswa Sarma meets ‘Team Europe’ delegation to boost trade, investment linkages

Guwahati: Assam Chief Minister Himanta Biswa Sarma attended a meeting with ‘Team Europe,’ the high-level European Union (EU) delegation, including EU Ambassador to India, Herve…

Continue Reading
ET logo
Posted in Economy

Despite geopolitical crisis, India’s economic fundamentals and strategic partnerships will sustain growth: World Bank

Ahmedabad: India has a strong foundation for economic growth and is expected to maintain robust growth momentum in the coming years despite global uncertainties, said…

Continue Reading
ET logo
Posted in Economy

Chenani-Nashri’s two-lane tube tunnel gets green light: Union Minister Jitendra Singh

Jammu: Union minister Jitendra Singh on Tuesday announced that a proposal to construct a new two-lane tube tunnel parallel to the existing Dr Syama Prasad…

Continue Reading
ET logo
Posted in Economy

Indian employers turn cautious for July-September quarter amid global uncertainties: Report

New Delhi, Corporate India is expected to scale back hiring plans in the July-September quarter of this year, signaling a slowdown in hiring momentum, as…

Continue Reading
GSK to acquire Nuvalent for $10.6B to boost cancer treatments (REUTERS)
Posted in Business

UK pharma giant GSK to buy US-based cancer drugmaker Nuvalent for $10.6 billion

GSK Plc agreed to buy Nuvalent Inc. in a deal valued at $10.6 billion, adding a biotech firm that’s developing treatments for lung cancer as…

Continue Reading
Vehicles drive past a SpaceX Falcon 9 rocket displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California. (AFP)
Posted in Business

SpaceX IPO fever sparks hunt for proxy plays in Asia

SpaceX’s $75 billion IPO is fuelling a frenzy among investors in Asia for ETFs and supply chain partners linked to Elon Musk’s rocket company that…

Continue Reading
Speed is of the essence, as far as Apple’s next generation operating systems are concerned. (Official Image)
Posted in Business

Apple’s quiet evolution is all about speed, nifty upgrades and practicality

While Apple’s WWDC 26 keynote focussed on certain important evolutions, including the new Apple Intelligence suite and the Child Safety features, there must be a…

Continue Reading