India’s economy expanded by 7.8 percent in the first quarter (April–June) of FY 2025-26, surpassing analysts’ expectations and signaling continued momentum despite global uncertainties and inflationary pressures. According to data released by the National Statistics Office (NSO) on Friday, real GDP, which accounts for inflation, rose to Rs 47.89 lakh crore from Rs 44.42 lakh...
New Delhi: The government has approved the appointment of former Reserve Bank of India (RBI) Governor Urjit Patel as Executive Director (ED) at the International Monetary Fund (IMF) for a three-year term. He will succeed K V Subramanian, whose tenure was cut short by six months, effective April 30, 2025. The Appointments Committee of the...
The Maharashtra government is evaluating a significant revision to private sector working hours, proposing an increase from the existing nine-hour limit to a 10-hour workday. Labour Minister Akash Fundkar revealed that this measure was introduced during a recent state cabinet meeting in Mumbai and is currently under deliberation. No final decision has been made, as...
India is set to launch targeted outreach programs in 40 key markets, including the UK, Japan, South Korea, Germany, France, Italy, Spain, Canada, and Australia, to boost textile exports amid the steep 50% tariff imposed by the United States on Indian goods. According to an official statement, these initiatives aim to position India as a...
Bollywood superstars Shah Rukh Khan and Deepika Padukone, who serve as brand ambassadors for Hyundai Motor India, have been named in an FIR filed in Rajasthan’s Bharatpur district. The complaint, lodged by local lawyer Kirti Singh, accuses the automaker, its officials, and the celebrities of promoting a defective car model that allegedly endangered her family’s...
New Delhi: The Confederation of Indian Industry (CII) has unveiled a detailed reform roadmap aimed at accelerating India’s economic transformation and achieving the vision of Viksit Bharat. The report, titled Policies for a Competitive India, outlines over 250 actionable recommendations across 14 critical areas, including GST, trade policy, employment, energy, and sustainability. CII has proposed...
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...