
India’s Startup Funding Focuses on Fintech, Not AI Hype
India’s startup scene raised $233.2M, prioritizing fintech and IPO-ready firms, diverging from the US’s massive AI infrastructure investments.

Trump: Canada Trade Deal Advances, Mexico Talks Start
US President Trump confirms progress on a Canada trade deal and initiates talks with Mexico, aiming for better terms for American farmers and industries.

Apple to Produce iPads, Macs in India: Minister
Apple plans to expand iPad and Mac production in India, supported by a new ₹62,500 crore government scheme aimed at boosting local manufacturing and global supply chain integration.

Memory Stocks Dip as Smart Money Shifts Amidst Rising Rates
Memory stocks, once S&P 500 leaders, face headwinds as ‘smart money’ exits. Despite strong fundamentals and AI demand, rising rates are pushing prices down.

OpenAI Slashes GPT-5.6 Sol Pricing Amid AI Competition
OpenAI cuts GPT-5.6 Sol developer pricing by over 20% for 3 months, responding to intense AI competition from Anthropic and others.

August 31 ITR Deadline: File ITR-3, 4, 5, 7 Now!
Don’t miss the August 31, 2026 deadline for ITR-3, 4, 5, & 7. Over 6.5 crore returns filed. File promptly to avoid issues.

US Pays $850M to UN Amid Reform Demands
The US commits $850 million to UN dues, its largest payment yet, as it pushes for significant reforms within the global organization.

India Banks Closed Aug 22: Fourth Saturday Holiday
All Indian bank branches will be closed on Saturday, August 22, 2026, for the fourth Saturday holiday. Digital banking services remain active.

Sebi’s FICP Plan to Boost Retail Bond Market Access
Sebi proposes Fixed Income Channel Partners (FICP) to expand retail investor access to India’s corporate bond market, especially in smaller cities, mirroring the mutual fund distributor model.

India Empowers Rural Women Entrepreneurs: Phase 2 Launched
India’s government launches Phase 2 of its rural women’s entrepreneurship campaign, aiming to create sustainable enterprises and ‘Lakhpati Didis’.

Nifty Rangebound Amid West Asia Tensions & High Crude Oil Prices
Indian equity markets faced a subdued week as Nifty remained rangebound, influenced by West Asia geopolitical tensions and elevated crude oil prices. Explore market insights.

India’s Tax Amnesty: Declare Foreign Assets by 2026
India launches FAST-DS 2026, a one-time scheme for individuals to declare undisclosed foreign assets by Dec 31, 2026, avoiding penalties under the Black Money Act.

India Investment Guide: ET ‘Invest’ for Gold, Stocks & More
Navigate India’s investment landscape with The Economic Times ‘Invest’. Discover gold bonds, mutual funds, stocks, and financial planning strategies.

JPMorgan: India Gold Loans to Hit 10% of Credit
JPMorgan predicts Indian gold loans to reach 10% of system credit in 5 years, driven by lower interest rates and increasing household adoption.

SEBI Probes SENSEX, RBI Credit Ban, Jio Investment
SEBI investigates SENSEX manipulation, RBI proposes NBFC credit ban, and Bank of America invests in Jio Financial Services. Market updates.

India’s Quiet Quitting: 60% of Employees Disengaged
A new study reveals 6 in 10 Indian employees are quiet quitting due to weak culture & leadership. Discover the drivers of this disengagement.

Trump Backs Data Centers Amidst GOP Electoral Concerns
President Trump supports new data centers for economic growth, while a GOP group warns AI firms about potential negative impacts on Senate races.

NZ & Australia Boost India Economic Ties: Tech, Energy Focus
New Zealand and Australia are strengthening economic partnerships with India, focusing on technology, energy, and critical minerals. Aiming to double trade.

PMFME Scheme Extension: Boost for Indian Micro Food Enterprises
India’s Food Processing Ministry proposes a 5-year extension for the PMFME scheme, enhancing credit-linked subsidies for micro food businesses. Learn about its impact.

India’s Padel Market Surges: ₹250 Crore Boom & Future Growth
India’s padel market is booming, valued at ₹250 crore and projected to reach ₹2,500 crore by 2036. Discover the drivers behind this rapid sports economy expansion.

India Eases Rupee Export Payment Rules for Non-ACU Nations
India relaxes export payment rules, allowing rupee or foreign currency settlements with non-ACU countries, boosting trade flexibility.

Maharashtra Hikes PUC Fees: Diesel Vehicles Face Highest Charge
Maharashtra revises PUC certificate fees, increasing costs for all vehicles. Diesel vehicles now face the highest charge of ₹180.

Indian National Arrested in US Elder Fraud Scheme
An Indian national, Jay Sunilbharthi Goswami, arrested in Canada for a multi-million dollar US fraud scheme targeting the elderly. Accused of being a money mule.

India Eases FDI Rules: $500M Inflow from China
India simplifies FDI rules, allowing Chinese entities to invest up to 10% via automatic route, attracting over $500M since May 2026.

PSBs Losing High-Value Business to Private Banks in India
Public sector banks in India are losing significant market share in credit cards and GCCs to private and foreign competitors due to strategic gaps and less attractive offerings.

MMB to Revoke Bandra Bandstand Trust’s Maintenance Rights
Maharashtra Maritime Board plans to revoke Bandra Bandstand Trust’s maintenance rights due to alleged unauthorized partnerships and financial non-compliance.

Klarna Cuts Outlook on German Retail Slump
Klarna revises full-year forecasts downward due to a weakening German retail market, despite a surprising Q2 profit driven by US growth.

Micron Invests $10B in Boise Lab for AI Memory Tech
Micron Technology commits $10 billion over a decade to a new Boise research lab, boosting AI memory tech and future chip manufacturing.

DPDP Act & AI: Consent Gap in Automated Decisions
India’s DPDP Act 2023 faces AI governance challenges. Consent for data processing is insufficient for complex, potentially biased AI automated decisions.

FMCG Leadership Shake-up: Boards Demand Faster Results in India
India’s FMCG sector witnesses major leadership changes as boards push for rapid results amidst evolving consumer markets and new disruptive forces.