The Economic Times
The Economic Times Wipro Consumer Care & Lighting appoints Anita Bhat Zutshi as CFO
In her new role, Zutshi will support Wipro Consumer Care and Lighting’s portfolio spanning home care, personal care, lighting, seating, and foods, while also overseeing finance and governance for Wipro Infrastructure Engineering, which operates across hydraulic solutions, automation solutions, aerospace, water treatment, additive manufacturing, and electronic materials.
The Economic Times LIC Q3 Results: Cons PAT jumps 17% YoY to Rs 12,930 crore, net premium income also up 17%
LIC Q3 Results: The state-run company's net premium income stood at Rs 1.26 lakh crore in Q3FY26, up 17% over Rs 1.07 lakh crore posted in the corresponding period of the last financial year.
The Economic Times Silver sinks 10%, sheds Rs 26,000/kg on MCX; gold slips 3%. Where are prices headed from here?
Gold and silver futures saw a sharp decline on MCX Thursday. This followed news of upcoming U.S.-Iran talks in Oman, reducing demand for safe-haven assets. Experts suggest continued volatility for gold and silver. Trading recommendations are provided for both commodities on MCX. Physical gold prices in major Indian cities are also reported.
The Economic Times Joint statement on India–US trade deal due in 4-5 days: Trade minister
India and the United States are set to release a joint statement on their proposed trade agreement in the coming days. The first part of this deal is nearly complete. Discussions between New Delhi and Washington are moving forward steadily. This initial agreement represents a significant step in enhancing economic relations between the two nations.
The Economic Times AI job fears trigger IT selloff; Unmesh Sharma sees opportunity for Indian IT, not doom
Indian technology stocks experienced a sharp decline following AI breakthroughs. However, an expert highlights that India's strength lies in AI implementation rather than core innovation. Electronics manufacturing services are identified as a multi-year growth sector. Investors are advised to navigate volatility with a focus on structural themes and disciplined positioning for future gains.
The Economic Times Arbitrary macro assumptions weak LGD and ignored EAD can materially distort ECL for banks and NBFCs: NFRA
India’s banking and non banking finance sector has come under sharp regulatory scrutiny after the apex audit watchdog warned that flawed expected credit loss models could be materially distorting balance sheets. Flagging weak assumptions, ignored risk drivers and modelling shortcuts, NFRA said the lapses carry serious implications for capital adequacy, profitability and audit accountability.
The Economic Times Marico to acquire majority stake in protein supplement brand Cosmix valuing it at Rs 375 crore
Marico will acquire a 60% stake in plant-based nutrition brand Cosmix, valuing the startup at Rs 375 crore. Founded in 2019, Cosmix is bootstrapped, Ebitda positive, and targets to clock Rs 100 crore revenue in FY26. The deal will strengthen Marico’s digital-first wellness portfolio.
The Economic Times India must boost capital markets so Indians grow with economy: Larry Fink, chief executive, BlackRock
BlackRock CEO Larry Fink urges India to prioritize domestic capital markets over foreign inflows for sustained economic participation. He highlights India's advanced financial infrastructure, from digital payments to asset tokenization, as a strong foundation for growth. Fink also downplayed AI bubble concerns, emphasizing underinvestment risks, especially in the US, amidst China's progress.
The Economic Times From feature to foe: Anthropic move is a trailer of AI-pocalypse
Anthropic's Claude Cowork agent, now equipped with task-automating plugins, has triggered a "SaaSpocalypse" fear in tech stocks. This move transforms AI from a helpful feature into a direct competitor, capable of executing tasks autonomously and potentially replacing IT services and software vendors.
The Economic Times India and Gulf Cooperation Council to ink fresh terms for FTA talks today
India and the Gulf Cooperation Council are set to sign terms for a free trade agreement. This marks a significant step towards a comprehensive trade pact. The agreement aims to boost bilateral trade between India and the GCC bloc. This development follows recent trade deals with the US and EU.
The Economic Times Sebi to ease ‘fit and proper person’ criteria
Sebi proposes to revise 'fit and proper person' criteria for market intermediaries, including stockbrokers, to ease compliance burdens. The regulator suggests removing automatic disqualification upon filing of an FIR or charge sheet in economic offense cases, advocating for case-by-case assessment of conduct and investor risk.
The Economic Times From CFO to CEO: Devyani tweaks leadership recipe ahead of Sapphire merger
Devyani International has appointed Manish Dawar as its new President and Chief Executive Officer. This leadership change comes as the quick service restaurant major prepares for a significant transformation. Dawar will oversee the proposed merger with rival Sapphire Foods. The company also announced new appointments for Chief Financial Officer and Chief Technology Officer.
The Economic Times Uber appoints Balaji Krishnamurthy as its CFO
Ride-hailing platform Uber on Wednesday said it has appointed Indian-origin Balaji Krishnamurthy as its chief financial officer.
The Economic Times CBDT chief says 88% of individual taxpayers have opted for new tax regime
A significant 88% of individual taxpayers have opted for the new tax regime, with the government not planning a sunset clause for the old regime. The new regime offers lower tax rates and exemptions for those earning up to Rs 15 lakh annually. The Budget also proposes changes to MAT and STT to influence taxpayer behavior.
The Economic Times No tax risk for foreign companies setting up data centres in India under new Budget proposal: Finance Ministry sources
Foreign companies offering cloud services globally will benefit from a 20-year tax holiday. This incentive is available to those using MeitY-notified data centers in India. Overseas firms face no risk of their global income being taxed in India. The move aims to boost investment in Indian data centers and provide certainty to foreign cloud service providers.
The Economic Times Foreign cloud companies will get 20-year tax rebate, but conditions apply
Foreign cloud providers in India will receive a 20-year tax exemption on global income if they use notified Indian data centres and sell via local resellers. Domestic profits remain taxable, with a 15% safe-harbour for related entities. The move aims to boost investment in India’s data centre infrastructure.
The Economic Times Cigarette tax hike may boost illicit trade, hurt employment and tax revenue: Report
With the new excise tax on cigarettes set to drive up prices, authorities may unwittingly trigger a rise in clandestine cigarette trade. This could pose challenges for tax collection efforts, while farmers dedicated to FCV crops might experience a slump in market demand. The ripple effect could lead to job losses within the farming community and related fields.
The Economic Times Tax increase shakes India’s $36 billion arbitrage trade
India's arbitrage fund managers anticipate reduced returns following a surprise tax hike on equity derivatives. This move, aimed at curbing speculation, impacts arbitrage funds by increasing operational costs and potentially lowering investor yields. While the sector has seen significant growth, the tax change could affect strategies and profitability, though some experts believe the market's dynamic nature may offer some mitigation.
The Economic Times Asia shares falter as global tech selloff spooks investors
Asian markets declined due to rising AI investment costs impacting tech companies. Wall Street futures showed signs of recovery with chipmakers advancing. Google's parent company, Alphabet, reported strong results but announced significant capital expenditure plans. Investors are shifting from tech giants to cyclical stocks. Amazon's results and central bank policy meetings are keenly awaited.
The Economic Times India to begin cross-border crypto data exchange from April 2027
India will begin exchanging cryptocurrency transaction data internationally from April 1, 2027. This aligns with the OECD's Crypto-Asset Reporting Framework. Stricter penalties are being introduced for crypto exchanges failing to report transactions accurately. The government aims to ensure robust reporting systems before this global information exchange begins. Technical assistance will be provided to exchanges.
The Economic Times Carrot & Slick: India readies to hike US oil buys
This strategic shift comes as Russian supplies are expected to decrease, with Indian refiners likely to absorb higher freight costs to meet expanding domestic demand.
The Economic Times Centre eyeing 25,000 more GPUs as AI Mission’s fourth tender closes
Out of the existing 14 empanelled cloud service companies providing GPUs, at least four confirmed having bid in the fourth round. One of them has offered to provide at least 17,000 Nvidia B300 liquid cooled GPUs, among the most sought-after AI hardware.
The Economic Times 'US tariff cut may lift GDP by 20-30 bps', say economists
India's economy is set for a boost as the US lowers tariffs on Indian goods. This move is expected to increase India's GDP by 20-30 basis points next fiscal year. Key sectors like gems and jewellery, textiles, and marine products will see improved exports. The rupee is also likely to stabilize with increased foreign investment.
The Economic Times Economically weak nations not taken seriously on world stage: NITI Aayog ex-vice-chair Kumar
Economist Rajiv Kumar emphasizes economic strength as the bedrock of foreign policy. India must accelerate growth and boost its global trade share to command respect internationally. He points to China's economic rise as a driver of its global influence. Kumar advocates for empowering India's private sector to achieve true strategic autonomy and a stronger economic future.
The Economic Times Pidilite expects export rebound after Indo-US tariff revision, double-digit volume growth in FY'27
Pidilite Industries anticipates a swift rebound in its US exports, which experienced a slowdown in Q3 FY'26 due to India-US tariff revisions. The company expects to maintain its double-digit underlying volume growth in Q4 and throughout FY'27, with positive implications for its B2B segment.
The Economic Times TReDS securitisation will unlock large scale private capital for MSME credit, say Industry Execs
Budget 2026’s push for TReDS securitisation could bring private capital into MSME trade finance at scale. “The amount of money required to solve the MSME credit gap is huge, and it is not available with banks alone, securitisation is how private money gets infused” said KredX Co-founder Anurag Jain. RXIL MD & CEO Ketan Gaikwad said securitisation would help unlock private capital, adding that trade finance assets are self-liquidating and carry negligible defaults.
The Economic Times RBI MPC 2026: Central bank to keep repo rate unchanged amid currency volatility and bond yield pressures, as per SBI report
The Reserve Bank of India's Monetary Policy Committee is expected to hold interest rates steady. Global economic uncertainty and domestic bond yield pressures are key factors. Recent trade deals with the EU and US offer export support. However, lingering global risks and commodity price shifts add complexity. Inflation signals are mixed, leading to a cautious approach by the RBI.
The Economic Times Govt to expand trust-based tax regime, create large pool of 'trusted entities': Revenue Secretary
Speaking at a post-Budget interaction organised by PHD Chamber of Commerce and Industry (PHDCCI) in New Delhi, Shrivastava said several process-related announcements in the Budget are interconnected and aimed at revisiting the very architecture of the way in which the taxpayer, the business or an individual interacts with the department.
The Economic Times India could capture $30 trillion of new value in three decades in an AI-driven world: Mukesh Ambani
That scale of opportunity, Ambani said, leaves room for far more large enterprises to emerge over the coming decades, with startups and young entrepreneurs playing a central role despite persistent and evolving challenges.
The Economic Times Infosys, Wipro, TCS and other IT stocks tumble up to 7%. Here’s why
IT stocks like Infosys, TCS, Wipro and Persistent saw declines of up to 7% following Anthropic's launch of AI tools for corporate legal teams. This development intensified fears of increased competition and margin pressure for software companies, contributing to a broader tech sell-off on Wall Street.
The Economic Times RBI's box-checking is so old in new-age frauds, big shift on way for bank supervision
The Reserve Bank of India is considering a significant overhaul of its lender supervision, moving beyond traditional ratio analysis to a deeper examination of banks' business models. This shift aims to identify risks earlier, especially as India's banking system expands rapidly and digital threats multiply.
The Economic Times Data centres, logistics parks could help build REIT frenzy
According to FICCI- Anarock, India joined the REIT movement later than many global counterparts and in seven years, has reached a market capitalisation of nearly $18 billion - driven by five listed REITs.
The Economic Times '36 hours passed but no details on trade deal': Jairam Ramesh seeks clarity on India-US agreement
Congress MP Jairam Ramesh on Wednesday demanded clarity on the details of the India-US trade deal, stating that a joint statement has not yet been issued.
The Economic Times Alphabet plans major India expansion as US tightens visa rules: Report
The company has leased one office tower and purchased options on two others in Alembic City, a development in the city's Whitefield tech corridor, totaling 2.4 million square feet, the report said, citing people familiar with the deal.
The Economic Times RBI 3-day MPC meeting begins today, policy decision due on Friday
The three-day meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) begins today, with the policy outcome scheduled to be announced on Friday by RBI Governor Sanjay Malhotra.
The Economic Times PLI 2.0 after finalising details with mobile, IT firms; tech jobs to cross 1.5 cr: Ashwini Vaishnaw
Asked about the government's plan for the mobile production linked incentive (PLI) scheme, which is going to end in March, and which the FY27 budget did not explicitly address, the minister assured that the government is constantly in talks with manufacturers, and "as and when things get finalised, we will take it to the cabinet and get the things approved".
The Economic Times Foxconn gets a breather as Karnataka govt asks gram panchayats not to act on tax notices
The Koira gram panchayat’s notice threatened to seize movable properties from the Foxconn premises, equal in value to its tax claim of ₹12 lakh. The Vishwanathapura panchayat sought details of structures being built on the premises, the sanctioned plan, extent of vacant land, etc., to determine the taxes.
The Economic Times Banks look to get export credit lines ready as US lowers tariff
Banks are poised to reopen credit lines for Indian export sectors following the US's reduction of import tariffs to 18%. This move is expected to quickly revive exports of garments, gems, jewelry, leather, and chemicals, leading to increased demand for bank loans. Public sector banks anticipate leading this export credit rebound in the coming quarters.
The Economic Times PhonePe’s IPO gamble: Can UPI dominance finally pay off?
Fintech giant PhonePe is preparing for its public listing. Its massive scale in UPI payments is a key strength. The company is now focused on expanding into higher-margin financial services like loans and insurance. This strategy aims to leverage its large user base for deeper engagement and revenue growth.
The Economic Times High contribution to global growth draws India to the centre stage: Nirmala Sitharaman
India's Finance Minister Nirmala Sitharaman is anticipating significant boost for exporters due to reduced US tariffs and a new trade agreement with the EU. These developments are expected to boost investment and positively influence the rupee's direction. Speaking to ET, the minister also highlighted India's growing role in global GDP growth, positioning the nation for increased fund flows and economic expansion.
The Economic Times Extended tax holiday to drive GIFT City office demand, realty development
GIFT City's tax holiday extension to 20 years is set to significantly boost office space demand and commercial real estate development. This move provides fiscal certainty, encouraging longer leases and larger office commitments, reinforcing GIFT City's global competitiveness as a financial hub.
The Economic Times Trade pact, rupee rally light up offshore debt window
Indian corporates anticipate a surge in overseas borrowing over the next two quarters, fueled by improved investor sentiment following a US-India trade deal. This agreement, which includes tariff reductions, has already led to buying in Indian bonds and a spread compression.
The Economic Times Bitcoin-led crypto rout erases nearly $500 billion in a week
Bitcoin and US equities declined amid rising US-Iran tensions, failing to act as safe havens unlike gold and silver. This selloff, wiping out nearly half a trillion dollars from crypto markets, has fueled doubts about Bitcoin's 'digital gold' status. Investor sentiment has shifted to extreme fear as Bitcoin hit a 15-month low.
The Economic Times Rupee may dip after US-India deal rally; large corporates seen mopping up dollars
The Indian rupee is expected to weaken today after a significant rise yesterday. This surge followed a U.S. trade deal. Large corporates are anticipated to buy dollars, potentially pushing the rupee back. The currency's rally stalled near a key level. Capital flows will be the main driver for the rupee's future movement. Foreign investors turned buyers, offering positive early signals.
The Economic Times Over 60 agencies, 600 notifications to come under unified customs platform: CBIC Member
Budget 2026 has placed customs reforms at the centre of India’s trade facilitation agenda, with a strong push towards digitisation, automation, non-intrusive inspection and stakeholder-friendly processes, Surjit Bhujabal, Member (Customs), Central Board of Indirect Taxes and Customs (CBIC), said at a post-Budget event organised by FICCI in New Delhi.
The Economic Times India–US trade deal: The elephant in the room everyone is watching
India-US trade deal has put agriculture in the spotlight. While US officials highlight significant agricultural exports, Indian officials emphasize broader opportunities. Details remain scarce, particularly regarding specific agricultural products and quantities India will import. This lack of clarity fuels speculation about the actual concessions made by India, especially concerning sensitive sectors like dairy.
The Economic Times Experts see export competitiveness gains; India–US trade projected at $500 billion
Tariff cut to 18% lifts India’s cost advantage in the US market; economists flag GDP upside, easing rupee pressure and improved capital flow outlook.
The Economic Times Goldman Sachs raises India CY26 growth forecast to 6.9% after US tariff cut
The revised tariff rate would bring India broadly in line with most Asian economies, which face US tariff rates in the 15–19 per cent range, easing relative competitiveness pressures for Indian exporters, the investment bank said.
The Economic Times India-US trade deal lifts a dark prong of global uncertainty, says Revenue Secretary
India and the US have reached a breakthrough trade deal, significantly easing global uncertainty for India's trade outlook. The agreement, announced by President Trump, includes a sharp reduction in US tariffs on Indian goods to 18% and withdrawal of penal levies on Russian oil purchases.
The Economic Times India's immediate end of Russian oil after US trade deal to be a big disruption: Moody's
India-US trade deal: India will not immediately halt Russian oil imports despite a new trade deal with the US. Moody's Ratings notes this could disrupt economic growth and increase inflation. However, reduced US tariffs will boost Indian exports, especially to the US, benefiting sectors like textiles and jewelry. This trade agreement signals improved India-US relations and supports India's export ambitions.
The Economic Times Rs 13 lakh crore boom! Sensex surges 3,500 pts, Nifty soars nearly 5%. India-US trade deal among top factors behind rally
Indian benchmark indices Nifty and Sensex surged significantly following a long-awaited trade deal between India and the US. The agreement, which includes reduced reciprocal tariffs, has eased concerns that had impacted the market. A strengthening rupee further supported domestic assets, boosting investor sentiment and market capitalization.
The Economic Times US tariff relief, strong banks & MSME credit will support Budget growth agenda: M Nagaraju
Nagaraju said uncertainty in the global economy had reduced after US President Donald Trump spoke about a trade deal, and recent tariff-related relief has brought back a degree of predictability for Indian industry. He noted that following the earlier 50% tariff hike, the finance and commerce ministries had worked closely with industry to cushion the impact through a trade guarantee scheme for exporters, under which over 4,000 loan applications have been approved and more than ₹1,500 crore disbursed.
The Economic Times Apple hits record 28% value share in India as smartphone market leans towards premium devices
Apple has achieved a record 28% value share in India's smartphone market, fueled by a strong 'premiumisation' trend. Consumers are increasingly opting for high-end devices, with Apple's iPhone 16 series leading shipments. This shift is driving overall market value growth, even as volume increases moderately.
The Economic Times UNION BUDGET 2026-27: The Good and Not So Good for Businesses
Seasoned finance expert Robin Banerjee dissects the Union Budget 2026-27, weighing its seven strategic pillars, first-time allocations, execution gaps and risks. From manufacturing and healthcare to finance and skills, he examines whether the government’s policy choices position India’s economy for a resilient, future-ready Vikshit Bharat.
The Economic Times India-US trade deal impact: BSE Sensex surges over 2,300 points; Nifty50 up over 2% as stock market rallies strongly
Stock market today LIVE after India-US trade deal: Nifty50 and BSE Sensex soared in opening trade on Tuesday, reacting positively to the India-US trade deal announcement by US President Donald Trump and Prime Minister Narendra Modi.
The Economic Times Industrialist Harsh Goenka lauds India-US trade deal, calls it "Father of all deals"
Industrialist and Chairman of RPG Enterprises Harsh Goenka hailed the India-US trade deal, where Washington reduced the tariffs on India to 18 per cent, describing it as the "Father of all deals".
The Economic Times Budget 2026: DEA Secy asks companies to invest in critical sectors
The government, Anuradha Thakur said, intends to stay on the fiscal consolidation path and reduce its debt-to-GDP ratio. This will weigh down the Centre's borrowing costs and free up resources for priority sector spending, Thakur said at a post-budget event, organised by the Confederation of Indian Industry.
The Economic Times India gains edge over regional export competitors after tariffs drop to 18%, beats China, Bangladesh
Following the announcement of the India-US trade deal on Monday, in which Washington reduced tariffs on India to 18 per cent, New Delhi now faces lower tariffs than its regional export competitors in South and Southeast Asia.
The Economic Times Tax holiday troubles locals; PB Fintech’s new bet
Happy Tuesday! A Budget proposal giving tax relief to foreign data centre firms has raised concerns among Indian infrastructure companies. This and more in today’s ETtech Morning Dispatch
The Economic Times FPI investments in primary market nearly halve in FY26
Foreign investors reduced selling in Indian stocks this fiscal year. However, their investment in initial public offerings and qualified institutional placements also dropped significantly. This trend suggests a waning interest in Indian equities. Meanwhile, domestic mutual funds continued their strong support with consistent inflows, remaining net buyers throughout the period.
The Economic Times Crypto market volatility triggers $2.5 billion in bitcoin liquidations
In a turbulent turn of events, Bitcoin enthusiasts endured a collective loss of $2.56 billion recently. The cryptocurrency market, alongside riskier assets such as stocks and precious metals, buckled under heavy selling pressure. Heightened anxiety over the evolving AI landscape combined with various external market challenges rattled investor confidence.
The Economic Times Gokaldas Exports, Welspun Living, other textile stocks in focus on India-US trade deal
Indian textile stocks are poised for gains following a new trade deal with the US, which lowers tariffs on Indian exports to 18%. This move significantly benefits companies heavily reliant on the US market, removing a key overhang that had impacted foreign investor sentiment and overall market performance.
The Economic Times Gold rebounds more than 3% after sharp selloff
Tuesday witnessed a notable rally in gold prices, climbing more than 3 percent after a brief decline that brought them to a near one-month low. Observers attribute this rebound to the anticipation of a quieter market week, given the partial U.S. government shutdown and the absence of major economic indicators.
The Economic Times India-US trade deal "biggest victory" in ties in nearly a year, analyst says
India, US trade deal announcement: The US and India have reached a trade deal, with Washington reducing tariffs on Indian goods to 18%. This agreement is seen as a significant confidence-building measure after a year of strained relations. While hailed as a major victory, key details regarding energy imports and market access remain unclear.
The Economic Times Will buyback tax spur corporates to raise capital expenditure?
The revised buyback tax could spur greater investment in productive assets rather than returning capital to shareholders, particularly if combined with the budget’s broader growth-oriented stance, experts say
The Economic Times Banks' credit-deposit ratio hits all-time high of 82.2% for second consecutive fortnight
As of the fortnight ended January 15, 2026, both aggregate deposits and bank credit declined sequentially. However, deposits declined by Rs 3.6 lakh crore, exceeding the Rs 1.9 lakh crore fall in credit, resulting in the CD ratio rising further to an all-time hig
The Economic Times India-US trade deal unlocks unprecedented opportunities for farmers, MSMEs, entrepreneurs, and skilled workers: Piyush Goyal
India, US trade: India and the United States have finalized a significant trade agreement. This deal promises to boost opportunities for farmers, MSMEs, and entrepreneurs. It will facilitate technology transfer from the US to India, accelerating India's journey towards Viksit Bharat 2047. The agreement also opens doors for 'Make in India' and 'Design in India' initiatives for the global market.
The Economic Times India-US trade deal: India will drop Russian oil, pivot to US, Venezuela, says Trump
India may halt Russian oil imports after a US trade deal, pivoting to US and Venezuelan crude. The shift could reshape global oil flows and prices, as refiners move away from discounted Russian supplies.
The Economic Times Rupee set to rally on prospects India-US trade deal to attract flows
INDIA-MARKETS-Rupee set to rally on prospects India-US trade deal to attract flows
The Economic Times Tax ‘edge’ for foreign firms puts local data centre companies on edge
The Bharat Digital Infrastructure Association (BDIA), which represents local data centre operators, has prepared a seven-point policy charter that it aims to submit to the government seeking corrective measures to ensure a level playing field. ET has reviewed the document.
The Economic Times AI plan collides with funding reality as budget halves outlay
Officials, however, said the allocation is lower because the mission subsidises end-users’ access to graphics processing units (GPUs) instead of buying GPUs outright.
The Economic Times EAM Jaishankar in US, to meet Rubio today
External Affairs Minister S. Jaishankar arrived in New York for a three-day official visit to the United States and is scheduled to meet Secretary of State Marco Rubio in Washington on Tuesday as part of talks focused on cooperation in critical minerals.
The Economic Times Bharat Forge, SAMIL, Sona BLW, other auto ancillary stocks in focus on India-US trade deal
Automobile component makers are poised for buying interest following a new India-US trade deal. The agreement slashes tariffs on Indian exports to the US from 50% to 18%, significantly boosting price competitiveness and margins for companies with substantial US market exposure. This development removes a major overhang for Indian equities, potentially catalyzing a market turnaround.
The Economic Times US to cut tariffs on India from 25% to 18% under new trade deal, says Trump
Trump says pact finalised after call with PM Modi, links tariff cut to India stopping Russian oil purchases and sharply boosting imports from the US.
The Economic Times Govt plans to table Insolvency and Bankruptcy Code Amendment Bill in Budget session phase two; aims faster resolution timelines
The government plans to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, in the latter half of the Budget session starting March 9. This seventh amendment aims to improve insolvency proceeding timelines and effectiveness, aligning India's framework with global best practices. The proposed legislation incorporates recommendations from a parliamentary committee's report submitted in December 2025.
The Economic Times Oracle mulls laying off up to 30,000 employees to fund AI infra: Report
US tech giant Oracle is planning to cut 20,000 to 30,000 jobs and sell parts of its activities to help finance expansion of its AI data‑centre capacity, a new report has claimed.
The Economic Times IMF chief says global inflation to fall, trade integration is needed
Global inflation is projected to decrease significantly in the coming years. The International Monetary Fund's Managing Director Kristalina Georgieva shared these optimistic forecasts. She also highlighted that global growth has remained strong despite major geopolitical and economic changes. Georgieva emphasized the critical need for increased trade integration in a world facing fragmentation.
The Economic Times India's manufacturing sector activity witnesses slight recovery in January: PMI
India's manufacturing sector showed a slight recovery in January. New orders increased, boosting output and employment. However, business confidence fell to its lowest in three and a half years. Input costs rose moderately, but factory gate price inflation eased. Manufacturers faced slight margin pressure. Demand from the domestic market was the main driver of sales.
The Economic Times Gold and silver ETFs crash up to 20% as precious metals slump further. What should investors do now?
Gold and silver prices extended their slide for a third consecutive session, with commodity-based ETFs experiencing significant drops of up to 20%. This decline followed record highs as investors booked profits and unwound positions, triggering broad market selling. The BSE imposed a 20% circuit limit on gold and silver ETFs to curb volatility.
The Economic Times Budget 2026 throws open safe harbour gates, promises sharp fall in tax disputes for IT firms and MNCs
Will sharply higher thresholds and standardised margins finally cut transfer pricing litigation for IT firms and global capability centres, can automated approvals rein in discretionary assessments, and will the certainty promised by Budget 2026 be sufficient to attract long-term foreign capital into India? Here is what experts said.
The Economic Times Trump says India will buy oil from Venezuela
This follows the US easing sanctions on Venezuela's oil industry. Trump also suggested China could secure a deal for Venezuelan crude, indicating a shift in global oil trade dynamics.
The Economic Times Oracle plans to raise $45 billion to $50 billion in 2026
"Oracle is raising money in order to build additional capacity to meet the contracted demand from our largest Oracle Cloud Infrastructure customers, including AMD, Meta, NVIDIA, OpenAI, TikTok, xAI and others", the company said in a statement.
The Economic Times CFOs call Budget 2026 balanced, laud customs reforms, but flag execution risks
Chief financial officers (CFOs) across sectors have described Budget 2026 as balanced and progressive, with no major negative surprises. The budget, they said, laid a clear emphasis on manufacturing-led growth, infrastructure build-out, simpler taxation and lower compliance friction.
The Economic Times Investment in data centres may cross $200 bn, nuclear energy important to power it: Vaishnaw
The minister said the sector has received an investment proposal of $90 billion, of which $70 billion has started moving into the construction phase.
The Economic Times Budget Series Live: What Budget 2026 means for BFSI and Finance Leaders
As markets and institutions parse the fine print of Finance Minister Nirmala Sitharaman’s ninth consecutive Budget, ETBFSI and ETCFO go live with the fourth and final episode of their Budget Series to decode what Budget 2026 means for banks, NBFCs, insurers, markets and corporates, joined by Bank of Maharashtra MD & CEO Nidhu Saxena, NaBFID DMD Monika Kalia, QuantEco Research Founder Shubhada Rao, CRISIL Chief Ratings Officer Krishnan Sitaraman, former IRDAI member Nilesh Sathe, and KEI Industries CFO Rajeev Gupta live today from 2 PM to 3 PM on ETBFSI.com and ETCFO.com.
The Economic Times Union Budget 2026: Sitharaman proposes overhaul of accountant definition under safe harbour rules to boost Indian firms globally
Finance Minister Nirmala Sitharaman has proposed a significant overhaul of the definition of accountant under Safe Harbour Rules to bolster homegrown accounting firms' global reach. Additionally, the separate accounting requirement based on Income Computation and Disclosure Standards will be removed from the tax year 2027-28, simplifying compliance and enhancing the ease of doing business.
The Economic Times AI must benefit people and create jobs; startups central to India’s AI push, says FM Sitharaman
Finance Minister Nirmala Sitharaman emphasizes AI for people and jobs in India. The government supports startups and practical AI solutions. India Semiconductor Mission 2.0 is launched to boost semiconductor manufacturing and design. Incentives for electronics components manufacturing are also increased. These steps aim to strengthen India's tech ecosystem and create employment.
The Economic Times Budget 2026 sets Rs 12.2 lakh crore capex, Rs 11.7 lakh crore borrowing, Rs 44.04 lakh crore tax target
Finance Minister Nirmala Sitharaman unveiled the FY 2026-27 Union Budget, prioritizing growth with a significant Rs 12.2 lakh crore capital expenditure. The budget aims for fiscal consolidation, targeting a 4.3% fiscal deficit and a Rs 11.7 lakh crore borrowing program amid global uncertainty and easing inflation.
The Economic Times Union Budget sets Rs 80,000 crore target for divestment and asset monetisation in FY 2026-27
Centre aims to boost non-tax revenues through PSU stake sales and infrastructure asset monetisation
The Economic Times Top indirect tax changes in Budget 2026: Full list of key customs announcements
The Union Budget 2026 introduces essential reforms in Customs and Central Excise that simplify tariffs and enhance support for domestic manufacturing. With a strong emphasis on export competitiveness, initiatives will strengthen the marine, leather, and textile sectors. Additionally, there will be duty exemptions for energy transition initiatives and nuclear power projects.
The Economic Times Budget 2026-27: IDBI Bank stake sale prospects brighten as FM targets Rs 80,000 crore disinvestment
The IDBI Bank stake sale, long in the works, involves the transfer of a significant portion of the government’s shareholding, alongside the promoter stake held by Life Insurance Corporation of India (LIC), to a private buyer.
The Economic Times India’s nominal GDP projected to grow 10% in FY 2026-27
Real GDP estimated to expand 7.4% in FY26 with services sector as primary driver.
The Economic Times What Budget 2026 offers foreign investors: Tax holidays, FEMA overhaul, safe harbours
The Union Budget 2026 has introduced a host of measures aimed at making India a more attractive destination for global investment, with incentives spanning critical infrastructure, data centres, electronic manufacturing, and skilled talent. Finance Minister Nirmala Sitharaman said, “We must create a contemporary, user-friendly framework for foreign investments, consistent with India’s evolving economic priorities,” signalling a focused push to draw global capital and expertise.
The Economic Times From faster tax filing to higher PROI investment limits: Here is what Union Budget 2026 announces for ease of living and doing business
The Union Budget 2026 introduces measures to simplify taxpayer compliance and boost global investment. Key proposals include tax exemptions for accident victims, streamlined TDS certificate applications, and extended return filing deadlines. For investors, individual non-residents can now invest more in Indian equities, enhancing the country's business environment.
The Economic Times Top Direct Tax Changes and Amendments in 2026 Budget
Union Budget 2026 brings significant direct tax changes. Finance Minister Nirmala Sitharaman announced no changes to income tax slabs. The reforms aim to simplify compliance and reduce litigation. Key measures include lower TCS rates, a one-time foreign asset disclosure scheme, and relief in prosecution provisions. These changes will support small taxpayers and attract global investment to India.
The Economic Times Union Budget 2026 boosts new-age businesses with ISM 2.0, cloud push and other measures
The Budget has adopted a measured approach towards startups and entrepreneurs, prioritising ecosystem resilience and infrastructure-led growth over headline incentives.
The Economic Times Budget 2026 eases tax compliance, cuts TCS, overhauls penalties; relief for IT, NRIs and small taxpayers
Finance Minister Nirmala Sitharaman unveiled significant tax reforms in the Union Budget 2026, slashing TCS rates on overseas travel and remittances for education/medical needs. The budget also introduces simplified tax return forms, extended filing deadlines, and a one-time foreign asset disclosure window for small taxpayers.
The Economic Times Union Budget 2026: Key announcements for CFOs across tax, capital markets and industry
During her presentation, the FM, Nirmala Sitharaman unveiled a set of measures spanning corporate taxation, capital markets, clean technologies, infrastructure risk mitigation, logistics, advanced manufacturing and MSME financing - areas that directly shape corporate financial planning and capital allocation.
The Economic Times Budget 2026 taps ICAI, ICSI for short-term skill courses to boost employability
The Union Budget 2026 will support ICAI and ICSI in developing short, modular courses to boost employability and job placement for young professionals. This initiative aims to bridge skill gaps and align training with industry needs, forming a key part of the Finance Minister's youth-centric growth strategy.
The Economic Times FM maintains fiscal prudence with 4.3% deficit target
The move aligns with expectations from credit agencies and market analysts that had forecast a deficit around this level, signalling confidence in nominal GDP growth, buoyant tax receipts, and controlled expenditure growth.