Economic Times5/4/2026BusinessIndia
BackLotus blooms in West Bengal: BJP surges to majority
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Developing·9m ago
ICAI Networking Guidelines Put on Hold Amidst Big 4 Lobbying
The Institute of Chartered Accountants of India's networking guidelines, which imposed strict compliance and penalties on local audit firms, have been put on hold. Influential Big 4 firms successfully lobbied the government against these rules, which also raised concerns with the Ministry of Corporate Affairs.
Economic Times
Business·27m ago
Chennai Leads Indian Airports in On-Time Domestic Flight Performance for May
Chennai recorded the highest on-time performance for domestic flights in May at 92.2%, followed by Kolkata and Hyderabad. IndiGo led airlines in punctuality, while SpiceJet lagged significantly. Domestic air travel saw a 10% increase in May compared to last year.
Times of India
Developing·1h ago
India's Manufacturing Growth Surpasses Global Average, Emerging as a Leader
India's manufacturing growth has risen above the global average, positioning it as an emerging leader. Fueled by domestic demand and government initiatives, India is benefiting from global supply chain diversification. Investor confidence is high due to sustained reforms.
Economic Times
Developing·1h ago
Hardeep Singh Puri Dismisses E20 Fuel Issue Reports as Misrepresentation
Union Minister Hardeep Singh Puri stated that reports of E20 fuel issues are a misrepresentation, with automobile manufacturers and consumers accepting the blend. The government will consider E25 fuel after tests and consultations, while E85 rollout has begun. India aims for 20% ethanol blending to cut import dependence and support farmers.
Economic Times
Developing·1h ago
Childhood Friends Build AI Startup Generating Over $13 Million by Age 21
Childhood friends Rudy Arora and Sarthak Dhawan launched Turbo AI, an AI-powered study app, in January 2024. By March 2025, the app was generating nearly $500,000 monthly, leading the founders to drop out of college after their sophomore year to focus on the business, which has since generated over $13 million in lifetime revenue.
Times of India
Developing·2h ago
ICAI May Pause Global Networking Guidelines Amid Audit Firm Concerns
The Institute of Chartered Accountants of India (ICAI) may pause its global networking guidelines due to concerns from major audit firms, including the Big 4, regarding registration and data sharing. The institute plans further talks with stakeholders to resolve disagreements, with a final decision expected soon.
Economic Times