Prime Minister Narendra Modi announced on Saturday that India’s foreign exchange reserves have surged to a record high, while S&P Global Ratings has upgraded the country’s long-term sovereign credit rating for the first time in nearly two decades. Addressing The Economic Times World Leader Forum in New Delhi, PM Modi said, “We have missed several...
The government has formally notified the Income-tax Act, 2025, marking a significant overhaul of India’s income tax framework. The Act, which consolidates and amends existing tax laws, received the President’s assent on August 21, 2025, as per a gazette notification issued by the Ministry of Law and Justice. The new legislation will extend to the...
OpenAI, the creator of the popular AI chatbot ChatGPT, is preparing to open its first corporate office in New Delhi within the next few months, marking a significant expansion into one of the world’s largest and fastest-growing technology markets. The company announced that it has begun hiring to grow its local team. Currently, OpenAI has...
Over the last two decades, Indian cricket team jersey sponsors have frequently changed—but what’s more striking is the seemingly consistent pattern of companies reaching their peak while sponsoring the Men in Blue, only to suffer significant setbacks soon after. From Sahara to Byju’s and Dream11, the trend has sparked debates about whether cricket’s most sought-after...
The dairy sector in North Gujarat is undergoing a remarkable transformation as leading cooperatives scale up processing capacity, embrace innovation, and position themselves as global leaders. The region’s dairy economy, driven by Banas Dairy (Banaskantha), Dudhsagar Dairy (Mehsana), and Sabar Dairy (Sabarkantha), exemplifies the success of the cooperative model in rural development and export-oriented growth,...
Amid escalating US tariffs on Indian goods, External Affairs Minister S Jaishankar has urged Russian companies to strengthen their engagement with India and explore new trade and investment opportunities. Speaking in Moscow, Mr Jaishankar highlighted India’s rapidly growing economy, ‘Make in India’ initiatives, and modernisation efforts as major drivers for collaboration. “India, with a GDP...
Simone Tata, the 95-year-old former Tata Group executive and stepmother of industrialist Ratan Tata, has been admitted to Mumbai’s Breach Candy Hospital and is currently in critical condition. Sources from the hospital confirmed that she is receiving care in the Intensive Care Unit (ICU) on the fourth floor. She was flown into Mumbai from Dubai...
S&P Global Ratings stated on Tuesday that the recent hike in US tariffs is unlikely to impact India’s long-term economic growth prospects. The agency highlighted that India’s government remains committed to economic reforms and improving citizens’ living standards. After 18 years, S&P upgraded India’s sovereign credit rating to ‘BBB’ with a stable outlook, citing strong...
China has assured India that it will address three critical concerns—rare earths, fertilizers, and tunnel boring machines—during high-level talks in New Delhi, sources revealed. Chinese Foreign Minister Wang Yi, who arrived in India on Monday for a two-day visit, conveyed this assurance to External Affairs Minister Dr. S. Jaishankar during their bilateral meeting. The talks...
New Delhi: OpenAI has launched a new subscription plan called ChatGPT Go in India, making it the company’s most affordable plan to date. Priced at ₹399 per month, the plan offers several premium features at a budget-friendly rate, aimed at providing enhanced access to AI tools for Indian users. According to OpenAI, ChatGPT Go includes...