ET logo
Posted in Economy

India’s net direct tax collection rises 23% to Rs 8.11 lakh crore as of August 10

India’s net direct tax collections rose 23.09% year-on-year to Rs 8.11 lakh crore as of August 10 in the current financial year, according to government…

Continue Reading
Bitcoin is breaking away from tech stocks as ETF inflows return (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
Posted in Business

Bitcoin is moving differently from tech stocks, but can BTC escape the Fed’s grip?

Bitcoin may be starting to move away from its strong link with US technology stocks. In July, Bitcoin performed much better than the Nasdaq-100, showing…

Continue Reading
SFO Tech partners with US-based Smart IOPS to manufacture data storage hardware in Kochi
Posted in Startups

SFO Tech partners with US-based Smart IOPS to manufacture data storage hardware in Kochi

SFO Technologies, the flagship company of the Kochi-headquartered NeST Group, has partnered with US-based Smart IOPS to produce specialised AI data storage hardware at its…

Continue Reading
FILE PHOTO: Elon Musk walks to attend the trial in his lawsuit over OpenAI for-profit conversion at a federal courthouse, in Oakland, California, U.S., April 29, 2026.  REUTERS/Manuel Orbegozo/File Photo (REUTERS)
Posted in Business

See How a Tesla-SpaceX Merger Gives Musk a Shortcut to His $1 Trillion Payday

Deep in a $1 trillion pay package approved by Tesla’s shareholders is an escape clause that could pay off for Elon Musk in several ways…

Continue Reading
S&P 500 hits a record high, but Warren Buffett's advice and history. (REUTERS)
Posted in Business

S&P 500 at record high: Is it safe to buy? What Warren Buffett and history say

The S&P 500 is at a record high, but that does not mean investors should stop buying stocks. The index gained 13% in 2026 and…

Continue Reading
ET logo
Posted in Economy

GDP is still the GOAT of economic statistics despite its many flaws

It is an odd confession to make about a statistic, I realize, but then again I am an economist, so I am just going to…

Continue Reading
ET logo
Posted in Economy

India sixth-largest economy at $3.92 trillion nominal GDP in FY26: Government

India was the world’s sixth-largest economy in 2025-26, with a nominal gross domestic product of $3.92 trillion, according to the International Monetary Fund’s April 2026…

Continue Reading
ET logo
Posted in Economy

Government approves introduction of one billion polymer banknotes of Rs 10 and 20

New Delhi: The government has approved the introduction of one billion polymer banknotes of Rs 10 and Rs 20 for field trials, Parliament was informed…

Continue Reading
ET logo
Posted in Economy

Fitch affirms India’s ‘BBB-‘ credit rating with stable outlook

Fitch Ratings on Tuesday affirmed India’s sovereign rating at ‘BBB-‘ with a stable outlook and said the domestic economy remains strong, despite headwinds from the…

Continue Reading
ET logo
Posted in Economy

India growth seen slowing to 6.6% in FY27, says Fitch Group company BMI

New Delhi, Fitch Group company BMI on Tuesday projected India’s growth to slow to 6.6 per cent in the current fiscal as the boost to…

Continue Reading