Economic Times
Industry is hopeful that eventually this will be scaled up, and a higher sum of money will be disbursed to banks which will eventually be paid to paym
Giving a big relief to startups, finance minister Nirmala Sitharaman on Tuesday announced the removal of angel tax for all classes of investors. Secre
In an open letter on Tuesday, Meta CEO Mark Zuckerberg reinforced what some said was a risky stance taken by his company: that open source development
Meta’s Llama 3, featuring 405 billion parameters, rivals OpenAI and Amazon. Enhanced coding and math, scoring 73.8 on MATH and 88.6 on MMLU, boost i
India's video market is forecasted to reach $13 billion in revenue by 2028, driven by significant investments from streaming platforms. With a growing
Tesla reported a hefty drop in second-quarter profits Tuesday due to the effect of price cuts while spending aggressively on autonomous driving and ot
Elon Musk's social media poll asks if Tesla should invest $5 billion in xAI, his AI startup competing with OpenAI and Google. 70.2% of 322,000 users s
The budget presents a mixed bag for capital markets and entrepreneurship. Speculative trading faces increased taxes on futures and options, while star
"Aleksander is working on a new and v(very) important research project," Altman said in a post on X, adding that OpenAI executives Joaquin Quinonero C
Alphabet saw Q2 growth in digital ads, cloud services, and AI, with $84.74 billion revenue and $23.6 billion net income. Capex is forecasted at $12 bi
The Union budget praised by USISPF abolishes the angel tax and sets a 35% foreign tax rate, boosting global investment. Duty cuts enhance local manufa
Happy Wednesday! Finance minister Nirmala Sitharaman abolished the decade-old angel tax bringing widespread cheer in the overall startup economy. This
Designed to provide a level playing field for Indian ecommerce companies liable to local tax laws, the levy had grown to be a major point of contentio
The Prime Minister’s package of five schemes and initiatives to accelerate employment, skill development and other opportunities for 41 million yout
India’s tech startup landscape underwent a dramatic change after the Covid-19 pandemic, the Economic Survey revealed. This and more in today’s ETt
Economic Survey highlighted, startups recognised by the government - more than 1.17 lakh as of December 2023 - have created over 12.42 lakh direct job
Many users across India experienced trouble while uploading videos on YouTube app. According to the DownDetector app, YouTube faced issues since 1.30
Pet Warehouse, founded November 2021 in Bengaluru, secured funds from Upstox's Ravi Kumar and Kavitha Subramanian. Expanding to 25+ stores and 10+ sup
Google-backed edtech startup Adda247, founder and chief executive Anil Nagar said that this employee stock ownership plan (Esop) buyback represents a
Telsa CEO Elon Musk said the company would unveil its robotaxi on August 8 but signaled last week the automaker would take more time to incorporate a
