SENSEX
NIFTY
GOLD
USD/INR

Weather

image 30    C

The Economic Times

Economy / The Economic Times

ET Awards: Groww CEO Lalit Keshre on building Indias largest stock broking platform and future growth plans

Groww, led by Lalit Keshre, has become India's top stock broking platform. The company recently saw its market capitalization surge significantly after a successful public listing. Groww achieved this growth by leveraging digital infrastructure and government databases. The company reported strong profits and substantial assets under management. Groww is now focusing on expanding its presence in the wealth management sector.

27 Apr 2026 9:00 am
Death toll in Mundathikode fireworks explosion rises to 16

A 16th person has died following the Mundathikode fireworks explosion in Kerala, with Unnikrishnan succumbing to over 80 percent burns. The incident, which occurred on April 21 at a fireworks manufacturing unit, has now claimed 16 lives, with four individuals still missing. The fireworks were being produced for the Thrissur Pooram festivities.

27 Apr 2026 8:54 am
ET Awards: DLF chairman emeritus Kushal Pal Singh calls for long-term urbanisation reforms to drive Indias growth

Kushal Pal Singh, DLF chairman emeritus, urges India to adopt a bold, long-term urbanisation strategy. He believes radical reforms are vital for economic growth and raising per capita income for 1.4 billion people. Singh emphasizes that well-planned cities are crucial for absorbing migration and boosting productivity. He expresses confidence in India's leadership to achieve transformative change.

27 Apr 2026 8:53 am
Oracle layoffs not random? Sacked employee with over 30 years of experience hints at hidden 'algorithm' pattern behind job losses

Did Oracle plan layoffs, and were they not random? A viral LinkedIn post by a long-time Oracle employee, who was sacked recently, has raised questions over whether the company's latest layoffs were driven by an internal algorithm. Nina Lewis suggested that layoffs follow an algorithm of high-level individual contributors and mid-level managers, especially those with outstanding stock options.

27 Apr 2026 8:48 am
ET Awards: Those who dare today will lead India in 2047, says Deloitte's Romal Shetty

Indians are embracing artificial intelligence personally at a rapid pace. However, companies are not deploying this technology strategically as quickly. This gap presents a significant risk to competitiveness. Leaders must make bold choices now to build future capabilities and embed technology for resilience. The nation's journey towards Viksit Bharat 2047 is a private sector mission.

27 Apr 2026 8:42 am
ET Awards: India Inc celebrates corporate excellence under luminous lotus in Mumbai

India's top business leaders gathered for the ET Awards in Mumbai. The event celebrated achievements and fostered conversation. Dignitaries like Nirmala Sitharaman and N Chandrababu Naidu attended. The evening highlighted India's economic vitality and the importance of peace for business success. Attendees enjoyed diverse culinary offerings and networking opportunities.

27 Apr 2026 8:35 am
ET Awards: Invest in the idea of India, by India, for India, say top CEOs amid West Asia conflict

Indian business leaders view the West Asia conflict as a catalyst for long-delayed structural reforms, urging accelerated efforts in energy security and reduced external vulnerabilities. They advocate for greater self-reliance in energy sources and a significant push towards electric vehicles, while also emphasizing the need for workforce upskilling to navigate the disruptions brought by Artificial Intelligence.

27 Apr 2026 8:31 am
India hands over personal watercraft to Sri Lanka

India has boosted Sri Lanka's coast guard with two personal watercraft for search and rescue operations. This follows a joint naval diving exercise in Colombo. The exercise reinforced maritime cooperation between the two nations. India also provided medical aid and ammunition to Sri Lanka, underscoring a deepening partnership in the Indian Ocean region.

27 Apr 2026 7:53 am
Security & Sweets: Howrah and Kolkata gear up for high-stakes 2nd phase of Bengal polls

While the first phase on April 23 (covering 152 seats) saw a record-breaking turnout of nearly 93%, the second phase features the most high- Chief Minister Mamata Banerjee defending her seat in Bhabanipur against the BJP's Leader of the Opposition, Suvendu Adhikari.

27 Apr 2026 7:47 am
ET Awards: Chandrababu Naidu sees no threat to South, asks why oppose womens reservation

Andhra Pradesh Chief Minister N Chandrababu Naidu advocates for a 'population management policy,' encouraging couples to have at least two children to counter declining fertility rates and an aging population. He also expressed support for the delimitation bill, emphasizing gender equity and women's empowerment in Parliament.

27 Apr 2026 7:46 am
King Charles' visit to US to proceed after Washington shooting

King Charles' state visit to the United States will proceed as scheduled on Monday. This comes after a shooting incident near a White House dinner attended by President Donald Trump. Buckingham Palace confirmed the visit will go ahead following discussions with US officials. The King and Queen are looking forward to the trip.

27 Apr 2026 7:38 am
Mohini Ekadashi vrat katha, timings, significance, do's and don'ts every Lord Vishnu devotee must know

Mohini Ekadashi 2026: Mohini Ekadashi is dedicated to Lord Vishnu and it is being observed today, April 27, 2026. On this sacred day, devotees keep a fast and recite mantras to please Lord Vishnu and to clean their sins. Devotees also read out vrat katha on Mohini Ekadashi and donate to the poor.

27 Apr 2026 7:36 am
Magnitude 6.2 earthquake shakes part of northern Japan

A strong earthquake has rattled northern Japan. The tremor measured 6.2 magnitude. It struck Hokkaido island early Monday. Fortunately, no damage or injuries have been reported. Authorities did not issue any tsunami warnings. This follows a larger earthquake last week which raised concerns about potential megaquakes.

27 Apr 2026 7:28 am
NIA takes over Bengal crude bomb recovery case, begins probe on terror angle

The National Investigation Agency (NIA) has taken over a case involving the recovery of 79 crude bombs in West Bengal, initiating an investigation with a terror angle. The Ministry of Home Affairs directed the NIA to probe the incident, which involved the illegal storage of explosives posing a threat to public safety and potentially national security.

27 Apr 2026 7:27 am
White House Correspondents' dinner shooting suspect aired grievances against Trump in writings to family

An armed man, Cole Tomas Allen, allegedly targeted Trump administration officials at the White House Correspondents' Association dinner, leaving behind writings calling himself a Friendly Federal Assassin. Authorities believe the attack was politically motivated, citing anti-Trump social media posts and grievances over administration policies. Allen, a highly educated California man, was apprehended after attempting to breach a security checkpoint.

27 Apr 2026 7:27 am
Oil prices prediction: Goldman Sachs raises Brent crude, WTI rates. Check today's price

Oil prices today: Brent crude futures rose $2.16, or 2.05 per cent, to $107.49 a barrel, the highest since April 7, and U.S. West Texas Intermediate was at $96.17 a barrel, up $1.77, or 1.88 per cent.

27 Apr 2026 7:06 am
ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growth

Finance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will help India overcome global challenges. The government is also addressing cybersecurity threats from advanced AI models. Sitharaman assures that reforms will continue to support industry growth and manufacturing.

27 Apr 2026 7:02 am
U.S. Stock Market on Monday: S&P 500, Dow Jones, Nasdaq, Russell 2000 trading to be influenced by these factors

U.S. Stock Market on Monday prediction: S&P 500, Dow Jones, Nasdaq, Russell 2000 will have a crucial Monday.

27 Apr 2026 6:56 am
Bengaluru CA explains zero tax trick on Rs 17 lakh rent income : 'No bills, no receipts....'

India's tax framework allows certain individuals to legally reduce rental income tax to zero. A flat 30% deduction on gross rental income, coupled with a rebate under Section 87A in the new tax regime, can nullify tax liability. This strategy requires rental income to be the primary source and authentic documentation.

27 Apr 2026 6:55 am
Sun Pharma to buy Organon in $11.75 billion all-cash deal

Sun Pharmaceutical Industries has agreed to acquire U.S. drugmaker Organon & Co in an all-cash deal valued at approximately $11.75 billion, including debt. The agreement stipulates Sun Pharma will purchase all outstanding Organon shares for $14.00 per share. This acquisition will grant Sun Pharma full ownership of Organon, a company focused on women's health, biosimilars, and established medicines.

27 Apr 2026 6:55 am
Iran gave US a proposal for reopening the Strait Of Hormuz and ending the war: Report

Iran, via Pakistani mediators, has offered the United States a new proposal to reopen the Strait of Hormuz and end the war, while deferring nuclear negotiations to a later stage, Axios reported Sunday, citing a US official and sources familiar with the discussions.

27 Apr 2026 6:50 am
CapEx vs OpEx: Key differences explained

If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 100th part of this series, Riju Mehta explains the difference between these two types of business expenses.

27 Apr 2026 6:30 am
India boosts LPG output amid gas shortage

India is ramping up LPG production and securing alternative imports as the Iran conflict disrupts supplies and deepens a nationwide cooking gas shortage.

27 Apr 2026 6:30 am
Asset classes: Gold leads in 2026 turbulence

Welcome to TrendMap, your quick guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various asset classes. By Sameer Bhardwaj.

27 Apr 2026 6:30 am
Intl travel insurance: Focus on coverage, not cost

Medical coverage, duration and geography, add-ons, and claims experience are some aspects one must keep in mind before selecting the international travel insurance provider. Selecting a policy from India is less about finding the cheapest option and more about finding the right balance between cost and meaningful coverage.

27 Apr 2026 6:30 am
Why smart people choose wrong careers

Brilliant students often get stuck in careers, while average performers thrive. This happens because intelligence is an engine, not a driver; overconfidence creates blind spots; and the prestige trap limits careful choices. Recognizing signs like Sunday dread and a drained feeling signals a need for a career switch.

27 Apr 2026 6:30 am
Inherited wealth: Dont let urges threaten security

The primary rule to follow is: do not make rash and immediate decisions. Take time to consider what you have inherited and how to use it in a way that enriches your life. By all means, include your family in your decisionmaking process. But do not allow them to influence your decisions against your own best interests.

27 Apr 2026 6:30 am
Why AIF alpha may not translate into real returns

Alternative Investment Funds have delivered an average alpha of 9% over the Sensex, but most of that exists only in valuations, not in cash returned to investors. Heres what to look out for before you commit a crore.

27 Apr 2026 6:30 am
What ails passive funds growth despite rising AUM?

When you invest in a passive fund, you are giving up the chances of getting the alpha, i.e. outperformance of your fund over the benchmark. An active fund can generate alpha even after expenses. But in a passive fund, you are protecting yourself against underperformance.

27 Apr 2026 6:30 am
How insurance dark patterns can raise your premium

Deloitte Indias Aakash Sharma & Suchintan Chatterjee talk to Yasmin Hussain on insurance dark patterns.

27 Apr 2026 6:30 am
Check mutual fund consistency before you invest

Steady performance signals a resilient approach geared for long-term wealth creation.

27 Apr 2026 6:30 am
Correct EPS errors now to avoid PF claim issues

If you spot discrepancies in your EPS contributions, take immediate corrective measures or face rejection in EPF withdrawal or transfer claims later.

27 Apr 2026 6:30 am
Child enrichment can cost Rs 1 L/year: How to budget

From phonics to piano, music to drama, activity classes for pre-schoolers are growing fastand so is the cost of raising a well-rounded child.

27 Apr 2026 6:30 am
Quote of the day by Demi Lovato: 'Your imperfections make you beautiful, they make you who you are. So just be yourself, love yourself for who you are and just...' Life lessons on happiness, struggle, human nature and success by popular American singer and actor

Quote of the day by Demi Lovato shares a message about self-acceptance and growth. The quote speaks about embracing flaws, identity, and progress. The story explains Demi Lovatos life, career, struggles, and achievements. It also explains the meaning of the quote and the lessons it gives about happiness, struggle, human nature, and success. The article also looks at key moments from her career and public life.

27 Apr 2026 3:50 am
Strait of Hormuz crisis to lead Gulf region into recession? Global diplomacy and rising tensions shape Gulf outlook

Strait of Hormuz crisis to lead Gulf region into recession? The Gulf region faces rising tensions after attacks, shipping restrictions, and diplomatic efforts. Oman, Qatar, Saudi Arabia, UAE, Iran, Israel, and the US hold talks. The situation impacts maritime security, energy supplies, trade routes, and global economic stability. Governments focus on mediation, ceasefire efforts, and regional security coordination.

27 Apr 2026 3:45 am
US Iran war leading to advancement of Tehrans military tech know-how? Explainer on undetonated weapons, diplomacy, red lines and renewed fighting risks

US Iran war leading to advancement of Tehrans military tech know-how? Reports say Iran recovered undetonated US missiles and bomblets and moved them to research units for reverse engineering. Officials also warned about risks of miscalculation that could restart conflict. Irans foreign minister travelled to Russia after Pakistan talks and shared messages outlining red lines with the US. The story explains military recovery efforts, diplomatic activity, and regional implications.

27 Apr 2026 3:26 am
Quote of the day by Immanuel Kant: 'If you punish a child for being naughty, and reward him for being good, he will do right just for the reward...' - Why morality should not depend on rewards or fear explained by the German philosopher

Immanuel Kants quote of the day highlights a key concern in moral education: if children are taught to behave well only for rewards and avoid punishment, they may grow up linking morality with personal gain rather than duty. According to Kant, this kind of upbringing can shape individuals who act based on advantage instead of principle, especially when they discover that the real world does not always reward good actions or punish bad ones.

27 Apr 2026 3:14 am
Who was Hell Lady Kazuko Hosoki, the inspiration for Netflixs Straight to Hell? The rise, fame, controversy, and legacy explained

Who was Hell Lady Kazuko Hosoki, the inspiration for Netflixs Straight to Hell? This explainer follows the life of Kazuko Hosoki, from post-war struggle and nightlife business to national fame as a fortune teller, author, and TV personality. It covers her Six Star Astrology system, record book sales, media career, controversies, and lasting cultural influence highlighted again by Netflix series Straight to Hell.

27 Apr 2026 2:42 am
Quote of the day by Jack Whitehall: 'Im sure wherever my Dad is, hes looking down on us. Hes not dead, just very...' Life lessons on honesty, work culture and human nature by English comedian, actor, writer and television personality

Quote of the day by Jack Whitehall shares humour and lessons about honesty, work culture and human nature. The quote uses comedy to describe a father figure who is not dead but critical. The story explains the meaning, relevance and lessons from the quote. It also covers the life and career of the English comedian, actor, writer and television personality Jack Whitehall and his journey in television and stand-up comedy.

27 Apr 2026 2:24 am
Essentials, staples drive Reliance's FMCG business, Qcomm push hits retail margins

Reliance's consumer goods arm is seeing strong growth. Daily essentials are now its biggest revenue source, bringing in 8,800 crore in FY26. Beverages also performed well. The company's overall FMCG business is projected to reach 22,000 crore in FY26. Campa soft drinks lead the brand sales, with Independence staples following closely. Reliance is expanding its product range across various categories.

27 Apr 2026 1:31 am
Paradise Biryani plans 100-crore fundraise

Paradise Biryani plans to raise 100 crore. This funding will fuel aggressive expansion. The iconic Hyderabadi brand aims to open 100 new outlets in the next three years. This growth will extend its presence to major cities like Pune and Kolkata. Paradise currently operates 57 stores and expects to reach 160 outlets. The biryani market is experiencing strong growth.

27 Apr 2026 1:29 am
Focus shifts to RIL's non-oil operations

Reliance Industries' March quarter results saw oil and gas businesses face pressure. Digital, telecom, and retail segments provided support. Investors will watch non-oil business performance for future earnings momentum. The company's new energy GIGA factory is set to become operational this year. Telecom ARPU saw a modest increase. Retail revenue grew, but Ebitda growth was limited.

27 Apr 2026 1:29 am
Lodha Developers eyes 3,000 crore annuity income, plans 1 GW data centre at Palava, Mumbai

Lodha Developers plans a significant expansion of its annuity income. The company aims for a tenfold increase to over 3,000 crore within six years. This growth will be fueled by substantial investments in data centres, retail, and warehousing. A key focus is a 1 GW data centre development near Mumbai.

27 Apr 2026 1:28 am
Chinese proverb of the day: 'When the winds of change blow, some people build walls and others build windmills.' Lessons on fear, change, innovation and why a positive mindset is essential during challenging times to achieve success

Chinese proverb of the day highlights how people react to change. The proverb explains fear, innovation, adaptability, opportunity, and mindset during uncertain times. It shows how people either resist change or use it to grow and succeed. This teaching connects to career growth, life decisions, and personal development. It explains how mindset shapes progress and how change can become a path to success.

27 Apr 2026 1:26 am
India must identify key chokepoints, mitigate both supply & price risks: EAC-PM Chairman S Mahendra Dev

The unrest in West Asia highlights India's urgent need for improved risk management strategies. This is a crucial time for India to pinpoint critical economic vulnerabilities in sectors like energy, agriculture, and mineral resources. Emphasizing the diversification of supply sources alongside an increase in renewable energy initiatives is vital. Despite the challenges, the economy stays strong with manageable inflation rates.

27 Apr 2026 12:18 am
IndiaNew Zealand FTA talks near finish after decade-long gap

India and New Zealand are set to sign an FTA after talks resumed in 2024, ending a 10-year pause. The deal aims to double bilateral trade to $5 billion within the next five years.

27 Apr 2026 12:16 am
Boost for tourism: Draft rules finalised for trailer caravans

India is on the verge of transforming its tourism landscape with the introduction of new guidelines for trailer caravans. The Ministry of Road Transport and Highways is wrapping up its draft rules, ensuring that recreational vehicles and camper vans meet high standards.

27 Apr 2026 12:09 am
India's power demand hits record 256 GW on Saturday amid heatwave surge

Peak demand was comparatively lower at 243 GW during summer 2025 due to favourable weather conditions and an early monsoon. Maximum day temperatures were in the range of 40-45c over most parts of the country except the western Himalayan region, northeast India, west coast, and southern parts of peninsular India, according to IMD.

27 Apr 2026 12:03 am