Author: Aruna Kaim

Big tech reining in its hyper-aggressive artificial intelligence spending may be a tantalizing prospect for investors worried about margins. It would also be an incredibly costly admission. While the markets watch closely for signs of a slowdown, a cooling-off period doesn’t seem to be in the cards just yet. Second-quarter earnings reports are highly likely to reveal yet another period of blowout AI capital expenditures. Wall Street analysts estimate that combined capital spending by the four dominant “hyperscalers”—Google, Microsoft, Amazon, and Meta—surged an astonishing 74% year-over-year to hit $168 billion in the June-ending quarter alone. Signs of Cracks in the…

When the crowd grows and background chatter kicks in, a standard portable speaker just won’t cut it. To keep the energy up, you need serious wattage, deep bass, reliable battery life, and fun extras like karaoke support. We combed through the latest Flipkart deals to find the standout party speakers that deliver room-filling sound without draining your wallet. Premium Heavy Hitters (For Serious Power & Big Crowds) 1. JBL PartyBox 320 (240W) Best For: Large outdoor gatherings, terrace parties, and block events. Current Deal Price: ₹39,999 (27% OFF) Key Specs: 240W stereo output, up to 18 hours of battery life,…

High humidity during the rainy season turns indoor spaces into uncomfortable, sticky environments. Beyond the clammy feeling, excess moisture causes damp wardrobes, musty odors, ruined leather goods, and mold growth. While air conditioners can help, a dedicated dehumidifier is often a far more practical and energy-efficient solution to keep your home fresh. Here is a curated guide to the top dehumidifiers available right now, ranging from high-capacity smart units to budget-friendly options for compact spaces. Top High-Capacity Dehumidifiers for Large Rooms 1. HINISO 16L Smart WiFi Compressor Dehumidifier Best For: Large living spaces, basements, and rapid clothes drying. Key Specs:…

Union Home and Cooperation Minister Amit Shah announced that the government will facilitate the creation of a life insurance company within the cooperative sector. The move comes on the heels of a major legislative overhaul designed to boost falling life insurance penetration across rural and semi-urban India. Legislation Lowering the Entry Barrier The structural pathway for a cooperative insurer was paved by the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, which received presidential assent on December 20, 2025. Capital Waiver: The amendment specifically revised the definition of an insurance cooperative society to abolish the statutory ₹100 crore…

India’s non-life insurance sector experienced its fastest growth rate in five months this June. Propelled by strong momentum in standalone health coverage and private general insurance, gross direct premiums underwritten climbed 15.9% year-on-year (YoY) to reach ₹24,194.56 crore. This marks the strongest double-digit industry expansion since January 2026. The June Breakdown: Health Outpaces General Insurance Data from the General Insurance Council highlights a multi-speed expansion, with health specialists significantly outpacing legacy general insurers. Standalone Health Insurers (Up 30.9%): Totaled ₹4,373.34 crore, continuing to serve as the industry’s fastest growth engine. General Insurers (Up 14.3%): Rose to ₹22,771.94 crore, showing robust…

Non-Banking Financial Companies (NBFCs) in India recorded an unprecedented surge in gold jewelry financing in May 2026. According to the newest sector credit data published by the Reserve Bank of India (RBI), gold loans grew at a staggering 69.9% year-on-year, making it the single fastest-growing credit category across the entire shadow banking landscape. Total outstanding loans against gold jewelry stood at ₹3.29 lakh crore by the end of May, climbing dramatically from the ₹1.94 lakh crore reported during the same month the previous year. Credit Growth Across Key Segments While gold financing dominated the chart, the RBI’s monthly sectoral data…

For the first time, the Reserve Bank of India (RBI) has released monthly data detailing sectoral credit growth for Non-Banking Financial Companies (NBFCs). The figures for May 2026 show that NBFC loan growth accelerated to 14% year-on-year, up from the 11% recorded during the same period last year. This momentum was primarily powered by a sharp rise in retail consumption loans and a robust recovery in agricultural lending, offsetting a noticeable slowdown in industrial and infrastructure credit. Key Sectoral Drivers Retail Loans (Up 20%): Emerging as the primary growth engine, retail credit expanded at a 20% year-on-year clip compared to…

Multinational corporations (MNCs) are undergoing a massive structural shift. For years, global firms looked to India primarily to build engineering centers and scale up execution. Now, they are increasingly trusting India-based executives with broad regional and enterprise-wide global mandates. As multinationals shift their core product development, artificial intelligence (AI) strategies, and critical decision-making to India, homegrown executives are stepping into high-impact global leadership roles without having to relocate abroad. The Compensation Surge: At the most senior echelons, total compensation for these blended global-local roles now commands anywhere from ₹4.5 crore to ₹19 crore, depending on the scope and complexity of…

The Economic Times 40 Under Forty awards are returning for their 12th annual edition to spotlight the next generation of business leaders and young trailblazers shaping India’s corporate landscape. A high-powered, 11-member jury panel is convening to evaluate and select the final 40 honorees. The selection process is highly competitive: this year’s elite panel must narrow down a shortlist of 113 finalists, who were chosen from an initial pool of more than 650 formidable nominations across multiple business sectors. The 2026 Jury Panel Headed by Jury Chair Kiran Mazumdar-Shaw (Founder and Executive Chairperson of Biocon Ltd), the panel features some…

US legal experts emphasize that it would be highly unprecedented for a federal court to reject the Department of Justice’s (DOJ) request to permanently drop the criminal indictment against Indian billionaire Gautam Adani and seven others. The consensus follows a forceful, 10-page written submission filed by the DOJ on July 4, 2026. The filing was a direct response to US District Judge Nicholas Garaufis, who had previously characterized the government’s initial dismissal motion as “terse, bland, and conclusory” and demanded a detailed legal rationale. Constitutional Separation of Powers While Judge Garaufis’s push for a fuller explanation is a standard procedural…