Ethereal Exploration Guild, an Indian space tech better known as EtherealX, has climbed 5.5x in valuation to $80.5 million after its latest funding round. The startup is developing a launch vehicle designed to be fully reusable and is readying engine hot-fire tests ahead of its first technology demonstration flight, planned for 2027. The Bengaluru-based company … Read more
From 1997, the year of her divorce, onwards, her life changed, and so did the way she thought about ordering couture. “The second phase of my life, after my divorce, I started ordering like most women, according to occasions, be it weddings, galas, birthdays, parties, whatever,” she says. “But that wasn’t as much fun. It … Read more
India’s box office reached a record-breaking $1.48bn (Rs133.95bn) in 2025, surpassing the record achieved in 2023 of $1.35bn (Rs122.26bn), according to figures from Ormax Media. Last year was also the biggest ever for Hindi films, which grossed a combined $609.78m (Rs55bn), around 93% of which was derived from original Hindi-language titles. Dependence on dubbed South … Read more
India’s crypto industry is renewing calls for tax reform ahead of the country’s February Union Budget, arguing that the current framework is discouraging onshore activity as regulatory compliance requirements continue to tighten. India’s current crypto tax framework, introduced in 2022, levies a flat 30% tax on crypto gains and applies a 1% tax deducted at … Read more
Pre-fall is a fuzzier in-between season than resort. Fewer brands invest in shows, and the time frame in which collections are rolled out feels almost as long as the period in which the merchandise is in stores. The result this year is that the trends represent broad-stroke thinking rather than the micro forecasting common to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Robert Jenrick has been sacked as Conservative shadow justice secretary for “plotting” to defect from the party, as leader Kemi Badenoch battles to stem losses to Reform UK. “I have sacked Robert Jenrick from the … Read more
Bitcoin (BTC) rallied 10% from its yearly open near $87,500 before stalling below resistance, but analysts say the price remains positioned for higher targets if key supply levels are reclaimed and spot demand continues to build. Key takeaways: Bitcoin must take out resistance at $98,000 to trigger a rally to a six-figure BTC price. Spot … Read more
Elon Musk’s X has bowed to pressure and will stop the Grok image tool from editing photos of real people in revealing clothing following backlash around the world. X last night said that it has “implemented technological measures to prevent the Grok account from allowing the editing of images of real people in revealing clothing … Read more
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OpenAI has launched ChatGPT Translate, a standalone web translation tool that supports over 50 languages and is positioned as a direct competitor to Google Translate. The two services look visually similar: both feature two text boxes — one for typing or pasting the source text, and another that displays the translated results — alongside dropdown … Read more