ENTREPRENEUR DEFINITION
Fancy degrees, qualifications don't matter. Shark Tank's Anupam Mittal says you need just 2 skills to be a successful entrepreneur
Anupam Mittal, a Shark Tank India investor, emphasizes that the core skills for entrepreneurial success, and life in general, are selling and building. Selling involves persuasively conveying a vision, while building means obsessively solving problems and persevering through challenges. Mittal suggests focusing on these abilities early, regardless of one's current path, to unlock opportunities and achieve goals.
Retailers fear toy shortages at Christmas as tariffs freeze supply chain
President Trump's tariffs on Chinese goods are jeopardizing the upcoming Christmas season, as toy makers and retailers halt orders due to increased costs. With China producing the majority of toys and Christmas items, the tariffs are causing significant disruptions in the supply chain, potentially leading to product shortages and higher prices.
As Musk gained power in Washington, his popularity has fallen, an AP-NORC poll finds
Elon Musk's popularity declines amidst his Washington role. A recent poll indicates a drop in his favorability. Many believe Musk wielded excessive influence. His work with President Trump involved downsizing the government. The Department of Government Efficiency saw significant changes. Musk is expected to shift focus back to Tesla. His political views have become more conservative.
Shape shifters: Sculptures take center stage in the art world
Indian Modern and Contemporary art sales are soaring, with sculptures emerging as a significant segment. Interest and sales volume have notably increased since 2022, with auction houses reporting a rise in sculptures offered and prices exceeding estimates.
Canada votes in election upended by Trump threats
Canada's election on Monday follows a campaign dominated by concerns over US President Trump's threats. Mark Carney, replacing Justin Trudeau, is favoured, emphasising his experience to counter Trump's policies. Poilievre focused on domestic issues like rising costs, but Trump's influence and Carney's appeal have tightened the race.
Yearly Horoscope - Pisces (FY 2025-2026): Self-discipline and emotional balance will shape personal and financial success
Yearly Horoscope - Pisces: This is a powerful year for building emotional and financial security. Your focus turns inward as you restructure your foundations. Real estate or home matters may demand investment. You should have clarity around family finances. Your emotional well-being can support your financial stability.
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‘The salary dream is dead’: Market guru Saurabh Mukherjea drops truth bomb on India’s middle class
Traditional white-collar jobs in India are shrinking fast, warns Saurabh Mukherjea, Founder and CIO of Marcellus Investment Managers. He attributes this to automation and a crumbling middle-management structure. Mukherjea believes India is heading into a post-salary economy, where entrepreneurship—powered by the JAM trinity of Jandhan, Aadhaar, and Mobile—can drive future prosperity. In a recent podcast, he urged families to rethink career expectations and encouraged a cultural shift towards risk-taking and long-term impact over monthly income.
From boardrooms to backlash: Canadians call off U.S. business travel in droves, citing Trump's tariffs and uncertainty at the border amid political strain
Canadians cancel U.S. business trips as fears grow over Trump’s new tariffs, visa crackdowns, and rising tensions at the border. Business leaders like Oscar Acosta are pulling out of major U.S. events, worried about detentions and long-term bans like the one Canadian entrepreneur Jasmine Mooney faced. With air travel between the two countries down nearly 40% and trips canceled into 2027, corporate Canada is turning inward. From banking to tech, professionals are choosing safety over opportunity.
Crypto firm DWF Labs buys $25 million of Trump's World Liberty Financial tokens
DWF Labs, a crypto firm based in Abu Dhabi, bought $25 million worth of $WLFI governance tokens from World Liberty Financial, linked to Trump’s family. The strategic deal grants voting rights, not trading, and highlights DWF’s DeFi focus. DWF will also support World Liberty’s stablecoin project, USD1.
Crypto firm DWF Labs buys $25 million of Trump's World Liberty Financial tokens
DWF Labs, an Abu Dhabi-based crypto investor and trading firm, said on Wednesday it had bought $25 million worth of digital tokens issued by the World Liberty Financial, the crypto venture controlled by the family of U.S. President Donald Trump.
Shein's tariff-busting shift hits home in Chinese factory hub
Shein’s rapid rise transformed factory villages in Guangzhou into "Shein villages," fueling a $30 billion ultra-fast fashion empire. However, orders are now dropping as Shein shifts production to Vietnam amid rising U.S. tariffs and trade pressures.
Bengaluru woman's AI crib is where Sam Altman's baby sleeps. What is the price? Also available in India
OpenAI CEO Sam Altman recently endorsed Cradlewise, a smart crib developed by Bengaluru-born entrepreneur Radhika Patil, for his newborn son. Priced at ?1.5 lakh, the crib uses technology to detect early signs of waking and gently bounces the baby to promote better sleep. Altman recommended the product on X, calling it one of the few useful baby items he purchased. Cradlewise, co-founded by Radhika and her husband Bharath Patil, operates in both the U.S. and India.
Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains
Avinash Shekhar, Co-Founder & CEO of Pi42, discusses crypto investment strategies for long-term investors and speculators. He highlights the liquidity and high-risk, high-reward nature of cryptocurrencies, and mentions the increasing involvement of institutional investors. Shekhar emphasizes the importance of risk management and regulatory clarity for crypto investments, particularly in the Indian market.
Microsoft's AI division head wants to create a lasting relationship between chatbots and their users
The company's flagship product of this AI era, Copilot, already combines a chatbot with Microsoft's suite of workaday tools, from Excel spreadsheets and PowerPoint presentations to the Windows operating system that defines how most computers work. But Suleyman is striving for something that sounds a little more like science fiction - a technology that can form a "lasting, meaningful relationship" with its users.
A heavenly view of India: Sunita Williams plans her visit after seeing the Himalayas from space
After an extended 278-day mission aboard the International Space Station, NASA astronaut Sunita Williams, who has Indian roots, returned to Earth to reflect on her experiences. She shared her admiration for India, debunked claims of being stranded in space, and praised the collaborative spirit of the mission. With a hopeful outlook on future space travel, Williams, along with fellow astronaut Butch Wilmore, expressed confidence in the Starliner spacecraft and highlighted the golden age of ISS research.
The new luxury travel trend
Luxury travel is now about bespoke, once-in-a-lifetime experiences that go beyond your social media feed
Ripple Labs says it settles with US SEC, will pay reduced $50 million fine
Ripple Labs has settled a lawsuit with the U.S. SEC over the sale of unregistered securities, agreeing to pay $50 million of a $125 million fine. The settlement, while pending approval, resolves one of the SEC's high-profile cases against the cryptocurrency industry. Ripple will also drop its appeal concerning a decision on $728 million in XRP sales to institutional investors.
BFSI stocks in focus as RBI revises priority sector lending guidelines to boost credit access
The RBI's revised Priority Sector Lending (PSL) guidelines, effective April 1, 2025, aim to improve credit access to key sectors like housing, renewable energy, and MSMEs. Key changes include higher loan limits, expanded definitions for weaker sections, and revised targets for various banks. The new framework seeks to support national development, financial inclusion, and sustainable economic growth.
RBI unveils revised guidelines on priority sector lending to boost credit access
The Reserve Bank of India has announced new guidelines for Priority Sector Lending (PSL), effective from April 1, 2025. These revised provisions include higher loan limits, expanded coverage for renewable energy and weaker sections, and revised PSL targets for Urban Cooperative Banks. The changes aim to improve credit access to priority sectors of the economy, ensuring better financial inclusion.
Top tech and startup stories this week
Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
ET MSME Awards 2024: And the nominees are…
After months of deliberations spanning multiple rounds of evaluation, vetting, and jury discussions, India’s largest, most credible MSME awards announces its shortlist. The winners for the ET MSME Awards 2024 will be revealed at a grand felicitation ceremony on March 20, 2025 in New Delhi.
Elon Musk eyeing 'ponzi scheme' social security and benefits for cuts in Trump's DOGE push? Check details
Is Elon Musk eyeing Social Security and benefit programmes for cuts in US President Donald Trump's latest DOGE push? "Most of the federal spending is entitlements," Musk said in the latest interview. The tech mogul and Tesla CEO suggested that $500 billion to $700 billion in waste needed to be cut.
How an IITian-CEO’s unplanned 3-day stay at a stranger's house became his best road trip story
IIT-Kanpur graduates Harsh Pokharna and Kanak Agarwal’s unexpected three-day stay with a Malayali host in Ahmedabad showcased a deeper way of travel beyond luxury. This spontaneous decision highlighted that travel is about the connections and cultural exchanges experienced, rather than just visiting landmarks. Their story has resonated with followers, reinforcing the significance of human connections during travel.
Sartorial Roots: Infuse your style with a touch of nature at The Economic Times Awards for Corporate Excellence
The 25th Economic Times Awards for Corporate Excellence features a dress code inspired by nature. Guests are encouraged to incorporate natural motifs through accessories like brooches, tie pins, and elegant jewelry. Designers suggest subtle patterns and organic elements to add sophistication and harmony to formal attire.
Lenskart’s Peyush Bansal charts global expansion amid IPO buzz
Lenskart CEO Peyush Bansal highlighted that, although discussions about an IPO are ongoing, the company is primarily focused on growth and maintaining consistency with customers, which is crucial for long-term success.
Buddhist soft power: India doubles down on showcasing Buddha’s life & legacy—partly to boost tourism & global influence
India is intensifying efforts to highlight its Buddhist heritage, targeting tourism and global influence. The government is improving infrastructure at key Buddhist sites while leveraging soft power to reconnect with Buddhist-majority countries. Initiatives include better connectivity, hotel development, and showcasing sacred relics to strengthen India's spiritual ties and counter China's narrative on Buddhism's origins.
Mind Over Money: From squash court to golf course — Kush Gupta on leadership lessons from sports
Kush Gupta, Director at SKG Investment & Advisory, shares how sports like squash and golf have shaped his leadership, problem-solving skills, and business acumen. His journey highlights resilience, discipline, and focus as key traits for success.
Indian CEO shares why he walked away from the American dream after living for a decade in US
Indian entrepreneur Aniruddha Anjana left his job in the US to return to India after a decade, prioritizing his aging parents' well-being. Through Instagram, he debunked assumptions about job loss or visa issues, emphasizing his choice to avoid the corporate trap. Anjana now values the added years of life and familial connection, deeming it his best decision.
Homemakers to changemakers: Women entrepreneurs help empower rural Bihar against climate challenges
In rural Bihar, a group of women have become agri-entrepreneurs, helping their communities tackle climate change. They advise on irrigation, provide climate-resilient seeds, and promote sustainable farming. Supported by JEEVIKA, these women are transforming lives and securing farmers' livelihoods.
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