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Gross GST collections hit record high of Rs 2.43 lakh crore in April 2026 despite US-Iran war concerns

GST collections (AI image) GST collections: The gross Goods and Services Tax (GST) collections touched a new high in April, reflecting continued strength in economic activity even in the midst of the ongoing Middle East conflict.According to government data released on Friday, gross GST revenue for the month reached a record Rs 2.43 lakh crore,…

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Boost for Nvidia! Trump allows tech giant to ship H200 chips to China; but will Beijing look to reduce dependence?

Trump indicated he had discussed this decision with Chinese President Xi Jinping. (AI image) US President Donald Trump has given the green signal to tech giant Nvidia to sell its H200 processors to China. The Trump administration has decided to permit exports of Nvidia’s H200 processors, their second-best AI chips, to China whilst implementing a…

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Bitcoin falls out of global top 10 assets by market capitalization after price dumps below $80,000

Bitcoin’s market capitalization is now around $1.57 trillion, making it the 13th-largest asset by this metric, behind Saudi Aramco and Tesla stock. The move came after its price dropped sharply from around $90,000 to $78,500, a loss of more than 11% over the last 7-day period. The recent price decline comes amid geopolitical tension, a…

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India-EU FTA soon? Why the trade deal is important and which sectors will it benefit? Explained

Piyush Goyal holds talks with EU Commissioner Maros Sefcovic on India-EU FTA negotiations (ANI image) India and the European Union are in the final stages of negotiating a long-pending free trade agreement (FTA). The deal could significantly boost India’s exports to the 27-nation bloc and deepen economic ties amid global trade disruptions.If signed, the India-EU…

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Vedanta tells Supreme Court its revised Jaypee bid tops Adani offer

Mining billionaire Anil Agarwal’s Vedanta Ltd has told the Supreme Court that its tweaked bid for the bankrupt Jaiprakash Associates Ltd was rejected despite being better than Adani Group’s offer.In its petition challenging the lenders’ decision to accept Adani’s takeover offer, Vedanta contended that its addendum bid is about Rs 3,400 crore higher in gross…

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Ant Group’s blockchain arm unveils platform for AI agents to transact on crypto rails

Ant Digital Technologies, the blockchain division of Chinese conglomerate Ant Group, has unveiled a new platform aimed at enabling AI agents, not humans, to become the main participants in crypto transactions called Anvita. Unveiled at the company’s Real Up summit in Cannes, Anvita is Ant’s bet on what it calls an “agent-to-agent economy,” where autonomous…

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Is Bitcoin Trading Like a Tech Stock?

Bitcoin (BTC) was once pitched as digital gold — a hedge against monetary instability and market turmoil. But recent price action tells a different story. As institutional participation has grown, particularly through exchange-traded funds and other traditional vehicles, Bitcoin has increasingly traded in lockstep with risk assets. The latest downturn in software stocks, fueled by…

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