The Economic Times

• new$9 million meal? Warren Buffett and Stephen Curry charity dinner fetches record-breaking bid
  A charity auction offering a private dinner with Warren Buffett and Stephen Curry has fetched a record $9 million bid. With Buffett matching contributions, the total donation nears $27 million. Proceeds will support Glide Foundation and Eat. Learn. Play., highlighting one of the largest celebrity-driven fundraising efforts globally.
  - 10 hours ago 17 May 26, 3:42pm -
• newWhat does an import restriction mean for silver investments?
  India’s move to restrict silver imports and raise duties is expected to push up domestic prices by increasing premiums over global benchmarks. While global prices may remain stable, Indian investors could pay more for physical silver. Analysts say the MCX-LBMA spread will be key to tracking the impact.
  - 12 hours ago 17 May 26, 2:20pm -
• newPFC board clears next step for REC merger, seeks govt approval
  Power Finance Corporation has taken a key step toward merging with REC Limited after its board approved seeking the President of India’s nod for the transaction. PFC has authorised CMD Parminder Chopra to seek formal approval. The merger will be based on a share swap ratio determined by valuers, while ensuring the merged entity retains its government-company status.
  - 12 hours ago 17 May 26, 2:05pm -
• newFPIs pull out Rs 27,000 cr in May; 2026 outflows hit Rs 2.2 lakh cr-mark
  Himanshu Srivastava, Principal - Manager Research at Morningstar Investment Research India, said the latest outflow trend reflected persistent uncertainty surrounding global growth, elevated geopolitical tensions across key regions and volatility in crude oil prices, which continued to weigh on risk appetite towards emerging markets, including India.
  - 15 hours ago 17 May 26, 11:15am -
• 10 equity mutual funds cross Rs 60,000 crore AUM; top 3 manage over Rs 1 lakh crore each
  Around 10 equity mutual funds managed over Rs 60,000 crore in assets by April 2026, led by Parag Parikh Flexi Cap Fund, while HDFC Mutual Fund dominated with three entries.
  - 2 days ago 16 May 26, 1:17pm -
• Eternal, HDFC Bank among 10 stocks which saw highest DII buying in Q4. How many do you own?
  DIIs sharply increased stakes in major banks, IT, telecom and consumer stocks in Q4 even as markets witnessed steep corrections.
  - 2 days ago 16 May 26, 12:40pm -
• India’s gold import duty hike: A double-edged sword
  India has raised gold import duty to 15% and urged citizens to buy less gold. This move targets foreign reserves and the rupee's value. However, India's strong cultural demand for gold may limit effectiveness. Higher duties could also boost illegal gold imports. Investors should consider gold as a long-term hedge.
  - 2 days ago 16 May 26, 12:26pm -
• How China may have made lifelong teetotaler Trump sip alcohol
  A video from Donald Trump's China visit has gone viral. It appears to show him sipping wine during a toast, contradicting his lifelong claim of never drinking alcohol. Trump's former adviser dismissed the speculation. The President is currently on an official visit to China, discussing business and geopolitical issues.
  - 2 days ago 15 May 26, 2:06pm -
• China's marriages drop to decade low, deepening demographic concerns
  Marriage registrations in China have seen a significant drop. Official data reveals a 6.2% decrease in the first quarter compared to last year. This figure is now approximately half of what it was in 2017. The trend underscores the demographic challenges facing the nation.
  - 6 days ago 11 May 26, 3:24pm -
• US, Iran no closer to ending war as Qatari tanker sails toward Strait of Hormuz
  The Strait of Hormuz is calm after recent clashes. The United States awaits Iran's response to peace proposals. Meanwhile, the US has expanded sanctions on Iran-linked entities. A Qatari LNG tanker is heading towards the strait. International efforts continue to promote stability and security in the Middle East.
  - 7 days ago 11 May 26, 12:46am -
• U.S. employers added a surprising 115,000 jobs last month despite the economic shock from Iran war
  America's employers added 115,000 jobs in April, exceeding forecasts despite the Iran war's disruption of global oil supplies and surging gas prices. The unemployment rate held steady at a low 4.3%, indicating resilience in the job market for now. However, economists warn that the conflict's impact may be delayed.
  - 9 days ago 8 May 26, 6:11pm -
• IMF warns of 'inevitable' AI-powered threats to world
  The International Monetary Fund (IMF) has issued a stark warning regarding the escalating threat of AI-powered cyberattacks to global financial stability. The IMF's analysis indicates that severe cyber incidents could lead to funding difficulties, solvency issues, and widespread market disruptions due to the interconnected financial system and AI's ability to exploit vulnerabilities rapidly.
  - 10 days ago 8 May 26, 1:00am -
• Diageo springs a surprise, sales climb on Africa, Latin America
  Diageo has experienced an unforeseen surge in sales for the latest quarter, attributed to robust growth in Africa and Latin America that successfully counterbalanced a slowdown in the U.S. market. As the company upholds its annual forecast, it is simultaneously grappling with issues stemming from decreased consumer expenditure and shifting market dynamics.
  - 11 days ago 6 May 26, 11:58pm -
• RBI draft for upper layer non-banks affects CICs disproportionately, raises compliances costs
  New Reserve Bank draft on upper layer non-bank finance companies disproportionately impacts core investment companies by increasing compliance costs. Mandatory listing requirements could prove onerous for many CICs, particularly those not seeking public market access. The AUM-based approach may present challenges for these entities, especially regarding listing and governance.
  - 27 days ago 20 Apr 26, 7:06pm -
• Exporters seek removal of cap on interest subvention
  Indian exporters are calling on the government to lift the cap on interest subvention. They state current support is insufficient to counter rising global trade uncertainties. The Federation of Indian Export Organisations believes the subsidy scheme needs revision. This aims to provide more substantial relief to businesses facing higher borrowing costs and fluctuating export demand.
  - 30 days ago 17 Apr 26, 11:50pm -

• Macro buffers to help India tide over Gulf crisis: World Bank
  India's economic growth for FY27 is projected at 6.6 percent. The World Bank notes potential risks from the Gulf conflict impacting global energy prices. However, India's economy is strong, supported by reserves and low inflation. Growth is expected to average 7.1 percent from FY28 to FY29. Boosting private sector growth is key for job creation and achieving Viksit Bharat.
  - 38 days ago 10 Apr 26, 12:41am -
• RBI holds repo rate, flags supply chain risks to inflation & growth
  The Reserve Bank of India maintained its key policy rate at 5.25% due to ongoing West Asia tensions, warning of supply chain disruptions impacting inflation and growth. Projections for GDP and inflation remain within targets, though geopolitical uncertainty poses downside risks. Markets reacted positively to the news.
  - 39 days ago 9 Apr 26, 12:50am -
• RBI may keep rates unchanged, focus on rupee stability and bond yields
  The Reserve Bank of India is widely expected to maintain interest rates and its policy stance unchanged due to global economic uncertainties, including the US-Israel conflict impacting energy prices and fiscal deficit concerns. Policymakers will closely monitor the rupee's performance and potential capital outflows, with the RBI possibly considering measures to support the currency without an aggressive immediate response.
  - 42 days ago 6 Apr 26, 5:50am -
• Japan to create special cell to push FDI into India
  Japan's Foreign Ministry is launching a new center to help Japanese companies invest in India. This initiative aims to overcome challenges like complex regulations and tax systems. The center will also foster cooperation in AI, startups, and critical minerals. This move supports a goal of 10 trillion yen in private sector investment by 2035.
  - 47 days ago 31 Mar 26, 10:57pm -
• Oil prices to hit $150? How Indian stock markets may react as Iran war rages on
  Oil prices have surged past $100 per barrel amid escalating Iran–Israel tensions and fears of a prolonged closure of the Strait of Hormuz, a key global energy chokepoint. Analysts warn crude could climb to $150 if disruptions persist, raising inflation risks and pressuring Indian equities, which have already seen sharp declines amid foreign outflows, rupee weakness and energy supply concerns.
  - 63 days ago 15 Mar 26, 2:11pm -
• 'Done deal': CM Himanta Biswa Sarma on NDA seat-sharing for Assam polls
  Assam Chief Minister Himanta Biswa Sarma announced the seat-sharing deal for the upcoming assembly elections is complete. The NDA alliance, including BJP, AGP, UPPL, and BPF, has finalized its contest plan. The state leadership will present the candidate list to Union Home Minister Amit Shah soon. Elections for the 126-member assembly are anticipated in March-April, following a recent delimitation exercise.
  - 84 days ago 22 Feb 26, 7:05pm -
• Why a 70:30 India-global portfolio makes sense in a changing world, Subho Moulik decodes
  As global markets outperform India, diversification is gaining urgency. Subho Moulik explains why a 70:30 India global portfolio improves risk adjusted returns, reduces concentration risk, and provides access to long term global growth themes such as AI, defence, and quantum computing.
  - 27 Jan 26, 12:35pm -
• Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
  Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of further slide toward the year’s low of Rs 3,825. However, being nearly 26% below its 200-day SMA suggests potential mean-reversion, with a contrarian recovery target at Rs 4,541 and downside below Rs 4,300.
  - 7 Dec 25, 4:06pm -
• Warren Buffett is buying, Michael Burry is shorting: The AI trade splitting Wall Street
  Warren Buffett and Michael Burry are taking opposing stances on the AI boom, highlighting investor uncertainty. Buffett’s Berkshire Hathaway has added a major stake in Alphabet, signaling confidence in the AI-driven growth, while Burry shorts Palantir and Nvidia, criticizing Big Tech accounting practices. Their contrasting positions coincide with transitions in their careers and growing debate over whether AI hype is justified or a bubble.
  - 7 Dec 25, 3:09pm -
• SoftBank-backed AceVector files updated IPO papers; targets to raise Rs 300 cr via fresh issue
  SoftBank-backed digital-commerce ecosystem AceVector Ltd has filed updated draft papers with markets regulator Sebi for an initial public offering (IPO), which will include a fresh issue of shares worth Rs 300 crore.
  - 7 Dec 25, 10:45am -
• Rare 'intensive' revision in Bihar four months before polls
  The Election Commission's 'Special Intensive Revision' of Bihar's electoral rolls has ignited political debate, differing from past revisions. While intensive revisions aren't new, the timing of Bihar's SIR, months before assembly elections, is unusual. Unlike previous 'de novo' exercises, it builds upon the 2002-03 roll, incorporating new enumeration forms and document submission.
  - 1 Jul 25, 12:24am -
• BJP accuses Kejriwal of sending voters hoax calls to mislead
  BJP has accused Arvind Kejriwal of orchestrating hoax calls to mislead voters, alleging that the AAP is claiming votes are being cut by the BJP to support AAP. They also allege distribution of money in slum areas and raised concerns about voter data confidentiality, demanding an investigation.
  - 26 Jan 25, 5:52pm -
• Lok Sabha election 2024: Maharashtra get interesting after splits in Shiv Sena, NCP
  Lok Sabha election 2024: ​​The BJP-Shiv Sena won 41 of the 48 seats in the 2019 polls, but the Sena has split since and a vast majority of the Bal Thackeray-founded party is now allied with the BJP. The Nationalist Congress Party also split as well with Ajit Pawar joining the ruling alliance in the state, led by Eknath Shinde. In the 2019 Lok Sabha polls, the BJP emerged the top party with 23 seats, followed by the undivided Sena with 18.
  - 17 Mar 24, 12:16pm -
• Modi charisma key factor in BJP's bid to retain all 26 seats in Gujarat
  Gujarat's upcoming Lok Sabha elections are influenced by PM Narendra Modi's charisma, anti-incumbency, unemployment, inflation, education, healthcare challenges, and BJP's endeavor to secure all 26 seats. ​​Lok Sabha polls in Gujarat will be held in a single phase on May 7. Counting of votes will be held on June 4. Anti-incumbency, unemployment, inflation, education and healthcare facilities are some of the other important issues in the election, where the ruling BJP in Gujarat will attempt…
  - 16 Mar 24, 8:35pm -
• Implementation of 'guarantees', decline of BRS favour Congress in Telangana, BJP aiming for better show
  The BJP, riding high on its growing voter base in Telangana, is now aiming to win over 12 out of the total 17 seats and 35 per cent vote share, in the upcoming Lok Sabha polls. The party doubled its vote share to nearly 14 per cent resulting in eight seats in the assembly elections held on November 30, last year. BRS, which ruled the state for about a decade since its emergence, is low on morale following the defeat, even as its founder and former Chief Minister K Chandrasekhar Rao's daughter K…
  - 16 Mar 24, 5:48pm -
• Apple faces Indian engineer’s bias lawsuit
  Anita Nariani Schulze is part of the Sindhi minority. Her complaint alleges that her senior and direct managers, both male, consistently excluded her from meetings while inviting her male counterparts, criticised her, micromanaged her work and deprived her of bonuses, despite positive performance evaluations and significant team contributions.
  - 25 Mar 21, 11:14pm -
• Despite transatlantic 'love fest', EU charts third way in ties with US and China
  But two senior envoys who attended said there was no direct response from the ministers gathered in Brussels when Blinken said: "We must push back on China together and show strength in unity."
  - 12 Mar 21, 4:53pm -
• Twitter's India policy head to step down; will transition in March
  This comes as the San-Francisco based firm is at the receiving end of the Indian government over an issue of blocking and unblocking certain handles tweeting about farmer protests.
  - 7 Feb 21, 1:01pm -
• Govt may keep Rs 7,500 cr outlay for IT hardware manufacturing under PLI scheme
  Foreign companies looking for incentives under the scheme may have to invest Rs 500 crore over four years, while the threshold for domestic firms is likely to be around Rs 20 crore for five years, the source who did not wish to be named said.
  - 18 Jan 21, 9:41pm -
• Indian dating apps, services see surge of paying users in small cities
  Growth More than in MetrosAccording to companies like Aisle and Truly Madly, which have millions of users and position themselves as “serious” dating apps, and bespoke high-end dating services like Sirf Coffee, a lot more users from such places are not only keen on using these apps, but also willing to pay for it.
  - 1 Jan 21, 10:39pm -
• Time for government, companies to adopt artificial intelligence: Deloitte India
  “Indian companies need to re-skill, train, and acquire more relevant talent, if they are to successfully integrate AI technologies. Most importantly, they should be willing to make the continued investment. It is an uphill race in which there will be winners and losers,” said Deloitte India CEO N Venkatram.
  - 27 Dec 20, 11:33pm -
• Narendra Modi has his eyes set on boosting business: Joao Cravinho, EU Ambassador
  Ambassador Joao Cravinho, head of the EU delegation, led Ambassadors of various European countries to a quiet lunch with Modi at the capital last year.
  - 3 Jun 14, 5:34am -
• Confidence level of industry improving: KV Kamath, ICICI Bank
  "It is the collective wisdom of the marketplace that there is action and we will move with speed. That improves the confidence level of industry."
  - 2 Jun 14, 2:27pm -
• We may see rapid growth over the next few years: Raamdeo Agrawal
  Directives from the Centre have to be executed at the state level. So, there are many things that are not in Modi’s hands, says Raamdeo Agrawal.
  - 2 Jun 14, 8:00am -
• Every decision of government needn’t be a big reform: Anand Mahindra
  "The fact that we are the world’s largest democracy and we are all aware that power and a role in global affairs for a nation comes from economic strength."
  - 2 Jun 14, 4:00am -
• Our commitment for press freedom, and autonomy of public broadcast is absolute: Prakash Javadekar
  "Now there is a stage three and stage four of digitisation, we will take a call on this only after taking all things into account."
  - 31 May 14, 4:00am -
• There is a leadership vacuum in Infosys, time to get Nandan Nilekani back: Mohandas Pai
  "There is a leadership vacuum in the company, because they made the wrong choice of CEO three years ago and that is playing out right now."
  - 29 May 14, 12:40pm -
• ET Search
  Rupee#CAD#Economic crisis#Food Bill
  - 6 Aug 13, 1:45pm -
• After the Oscars, what's next for silent stars of The Artist?
  The team behind The Artist will have spent the first day of the rest of their lives conforming to the grandest, and most lucrative, of Hollywood traditions.
  - 29 Feb 12, 12:42am -
• Delhi World Book fair: A fair like no other
  It's the World Book fair, which comes around once every two years sprawling across the giant halls of Pragati Maidan. This is the fair's 20th edition.
  - 25 Feb 12, 7:38am -
• Indian gift makes its way to State Department exhibition
  An elephant figurine gifted by the then HM LK Advani to US Secretary of State Colin Powell in 2002, has made its way to the State Department hall.
  - 24 Feb 12, 1:39pm -
• IMD to use dynamic models for forecasts
  Statistical models used by IMD will still be used for monsoon forecast, but the ministry of earth sciences is putting more emphasis on dynamic models.
  - 22 Feb 12, 2:19am -
• Docs reveal contents of first wire msg between India & Eng
  Newly discovered documents have revealed the first telegraph messages and joy when England was linked for the first time with India on 23 June, 1870.
  - 21 Feb 12, 3:19pm -
• Worried Amitabh Bachchan fans pray to Lord Shiva for his recovery
  Hundreds of worried fans of ailing Bollywood megastar Amitabh Bachchan today performed a yagna here to pray for his speedy recovery.
  - 20 Feb 12, 4:27pm -
• Alfa raises delisting price to Rs 2,850 a share
  Alfa Laval (India) today said its parent firm has raised the delisting offer price to Rs 2,850 a share.
  - 10 Jan 12, 5:49pm -
• DB Realty, Unitech stocks rose
  The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case.
  - 30 Nov 11, 3:55am -
• Fitch withdraws Reliance Capital ratings
  Fitch on Friday said it has withdrawn the ratings on Reliance Capital as the company has decided to stop participating.
  - 20 Oct 11, 9:00pm -
• 'Discoms' poor fin health poses risks for traders'
  The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says Fitch.
  - 20 Oct 11, 8:02pm -
• Cigarette cos shares outperform benchmark Sensex
  Shares of cigarette companies have rallied over the past one month, with ITC, Godfrey Philips and VST Industries hitting record highs.
  - 19 Jul 11, 1:35am -
• Lovable Lingerie's dream run on as traders lap it up
  Lovable Lingerie is 3rd-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat performance of Page Indus.
  - 18 Jun 11, 12:25am -
• 'Big Daddy' laps up Cipla after Q1 nos beat forecast
  Shares of Cipla inched up on heavy volumes on Friday, after the company’s first quarter earnings beat the consensus estimate.
  - 14 Aug 10, 3:35am -
• Old Fox has dream run on Dalal Street
  The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had been steadily building up positions in figured among key gainers of the day.
  - 14 Aug 10, 3:26am -
• Cairn India hits record high on BSE amid stake sale talks
  The scrip, which was flat for most of the session, shot up in the final hour of trade on the Bombay Stock Exchange to settle with a net gain of 4.36 per cent at Rs 355.45.
  - 13 Aug 10, 8:11pm -
• Vedanta plunges 5.59% on LSE amid talks to buy Cairn stake
  In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on the LSE. Vedanta opened on a positive note, but soon swung into the red.
  - 13 Aug 10, 7:26pm -
• SBI shares on gaining spree; hit record high
  In the past two days, the scrip recorded a gain of over 9 per cent on the BSE, making its investors richer by a whopping Rs 15,000 crore.
  - 13 Aug 10, 6:47pm -
• Traders bet on calendar spread as Nifty moves in a tight range
  A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors.
  - 13 Aug 10, 2:25am -
• Seven out of top 10 Asian small-cap funds are Indian
  An analysis of 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the charge, delivering an 82% return over the past year.
  - 12 Aug 10, 10:50am -
• Nifty may find support at 5300 level
  As far as stock futures are concerned, we are very near to the highest-ever open interest with 195 crore shares in open interest.
  - 12 Aug 10, 2:22am -
• 'Don't bank only on price-to-earning ratio'
  Many experts believe that looking at PE ratio in isolation won’t help investors grasp realities of the mkt and higher valuation may not be the only deciding factor driving mkt.
  - 9 Aug 10, 3:55am -
• Market may trade in a range, but FIIs seen sold on India
  Market may see range-bound trading this week in the absence of any major trigger.
  - 9 Aug 10, 1:05am -