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Despite a strong Q1 showing, risks are on the upside, thanks to geopolitics and geo-economicsIndia's GDP grew 7.8% in Q1, surpassing expectations and indicating economic resilience. This growth occurred despite a challenging global ...- China's Geely used 800 engineers and AI to create a modular EV manufacturing system; Ford is now applying it in Spain, aiming to slash development time and costs by half without building the system itselfFor decades, Western automakers entered Chinese joint ventures primarily to secure access to local buyers. That dynamic has quietly inverte...
- Freelancers filing ITR? Don't get these 5 things wrong: Form, expenses, 44ADA, foreign income, and moreFreelancers preparing for AY 2026-27 have a new ITR submission deadline, offering relief to many. Understanding tax audit requirements is e...
- Rupee slide chips away at ISM outlayA weak rupee is causing what analysts and industry insiders estimate to be a “net double-digit cost overrun” for businesses relying on impo...
- There is one line where a loss can hide for years. If you own the stock, you find out lastEvery rupee a company spends has to be accounted for somewhere. A cost may be charged as an expense and reduce current profit, or it may be...
- India on track to exceed key fundraising goal on state-firm stake salesIndia is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...
- Don't let selling your house trigger a tax notice: Check these rules under Sections 54 and 54FMany taxpayers who purchase or construct a residential house to claim exemption under Sections 54 or 54F are unaware that selling the house...
- You don't need to be an accountant. You just need to ask three questionsA loss can exist long before the accounts admit it, because management decides when to admit it. This story shows how that delay works, the...
- Opting for presumptive taxation while filing ITR? You may have to face tax audit; here’s what you must knowPresumptive taxation simplifies income computation for eligible taxpayers. However, a tax audit may be required if actual income falls belo...
- ITR filing: How Bitcoin, NFTs, airdrops, gifted crypto, and overseas wallets are taxed in India and how to report themIndia's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty percent tax on gains and one percen...
- The emperor's new biomarker? Another wearable for us to evaluateA new wearable biomarker, 'Entropy,' measuring body energy consumption, has stirred the bio-hacking community. While the name is catchy, th...
- RBI MPC meeting: India's real GDP growth for FY25 retained at 7.2%, governor Das saysThe Reserve Bank of India's Monetary Policy Committee (MPC) continues to forecast a 7.2% growth rate for the Indian economy in FY25, althou...
- GDP numbers for FY24 show discrepancies of Rs 2.59 lakh croreThe National Statistical Office (NSO) has reported discrepancies in the computation of the Gross Domestic Product for 2023-24, with discrep...
- National Statistical Commission forms five panels to revamp surveysQuality of statistics and data collection methods have been questioned in the past, with experts claiming a bias in sample selection. The g...
- Calling GDP number fudged is abhorrent, blame discrepancy on WPI: Abheek BaruaConspiracy theories about fudging of GDP data and pressure on the system to manipulate data is irresponsible, says Abheek Barua, HDFC Bank.
- Govt making efforts to reduce discrepancies in GDP data: Chief Statistician TCA AnantDiscrepancies in the statistical GDP data refer to the difference in national income under production method and expenditure method.
- If the market had faith in GDP reading, it would have skyrocketed: ExpertEconomists surveyed around the world seemed to agree on one point: nobody really knows what to make out of the number, says Kumar of RKSV.
- ET in a classroom: How are poverty numbers calculatedSome estimates place the number of poor at 40% of the population. ET looks at how poverty numbers are generated:
- Core ministries' borrowing may be capped soonThe government plans to cap borrowings and annuity payments by infrastructure ministries at 15% of their annual budgets, encouraging them t...
- No addition allowed under MATThe Gujarat High Court, in a recent ruling, has held that the assessing officer (AO) cannot make addition to the income
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