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CreditAccess India sells 2.28% stake in Grameen to offer investors liquidity

CreditAccess India, the promoter of Indias largest pure-play microfinance lender CreditAccess Grameen, has sold a 2.28% stake through block deals to provide a partial exit opportunity to long-term investors. The stake sale is part of a broader plan to increase the companys free float, bring in new investors and broaden institutional ownership, while the promoter continues to back CreditAccess Grameens long-term growth plans.

The Economic Times 7 Aug 2026 12:26 am

Infosys wins decade-long IT transformation deal from Crocs

Infosys has signed a ten-year strategic agreement with footwear company Crocs. This large transformation deal is estimated to be worth between $200-300 million. The collaboration will modernize Crocs' core business and IT systems using AI-first platforms. Infosys aims to simplify operations, reduce costs, and scale for the future. This partnership will enhance efficiency, responsiveness, and customer experience for Crocs.

The Economic Times 7 Aug 2026 12:10 am

Ishbias Mortgage Firm Suffers Record Drop on Dividend Halt

Shares in United Wholesale Mortgage fell by as much as 49% Thursday, a record slide after the countrys biggest mortgage lender announced a net loss of $452 million and suspended its dividend for the first time.

Livemint 7 Aug 2026 12:01 am

Dabur downplays USFDA warning, says India business unaffected; Silvassa plant continues operations

Dabur says it has submitted a revised response to the USFDA outlining corrective measures to resolve the issues identified during the inspection.

Livemint 6 Aug 2026 10:44 pm

PM Surya Ghar sees more than tripling of daily rooftop solar installations in 9 months: MNRE Minister Pralhad Joshi

PM Surya Ghar has also crossed more than 50 lakh beneficiaries.

The Hindu 6 Aug 2026 10:22 pm

RBI bars banks from disabling mobile devices of defaulting borrowers

Banks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were financed by lenders. The Reserve Bank of India announced these regulations will take effect January 1, 2027. Banks must adopt a gradual approach when disabling devices, not immediately. Essential functions like incoming calls and emergency services remain accessible to borrowers.

The Economic Times 6 Aug 2026 10:05 pm

Reliance Power Q1 PAT jumps 44% to 65 cr; flags CBI, ED probes & subsidiary debt challenges

Reliance Power also disclosed continuing financial stress at two subsidiaries

The Hindu Businessline 6 Aug 2026 9:51 pm

Volume growth, e-commerce boost lift Britannias Q1 profit 14% at 593 cr despite cost headwinds

The consolidated sales for the quarter rose 9.5 per cent y-o-y to 4,964 crore

The Hindu Businessline 6 Aug 2026 9:43 pm

PNB Housing bets on micro loans, small developers to boost margins

The lender is targeting higher-yielding segments to improve spreads, sees affordable and emerging businesses contributing half of assets by the end of FY28.

Livemint 6 Aug 2026 9:40 pm

Trent Q1 net profit rises 22% to 518 crore as Zudio, Westside expansion drives growth

Retail expansion, higher operating profitability and growing online sales supported the Tata Group retailers strong quarterly performance across key business segments.

The Hindu Businessline 6 Aug 2026 9:39 pm

RBI plans to bar NBFCs from offering revolving credit without approval

In a recent announcement, the Reserve Bank of India has introduced fresh regulations for non-banking financial companies. Moving forward, NBFCs will be restricted to providing only term loans, effectively barring revolving credit offerings, though those currently authorized to issue credit cards are not affected. Standalone NBFCs will require prior permissions and significant funding to independently offer credit cards. The central bank is actively seeking input on these upcoming policies.

The Economic Times 6 Aug 2026 9:32 pm

Fortis Healthcare Q1 Results: Profit rises 2.3% to Rs 273 crore

Fortis Healthcare's financial report for the first quarter showcases a promising 2.3 percent rise in profit. The consolidated profit after tax now stands at Rs 273 crore, reflecting growth from last year. Additionally, revenue surged 17.5 percent to reach Rs 2,545 crore. The hospital segment thrived, alongside successful diagnostics operations. Leaders of the company highlighted ongoing investment in infrastructure and a positive business momentum for the future.

The Economic Times 6 Aug 2026 9:23 pm

Chalet Hotels adds Athiva hotels in Pune, Hyderabad

New hotels to add 381 keys in the two cities in the next 3-5 years

The Hindu Businessline 6 Aug 2026 9:22 pm

Technocraft Ventures raises Rs 75.55 cr from anchor investors ahead of IPO

Technocraft Ventures Ltd secured Rs 75.55 crore from anchor investors before its public offering. The company's Rs 252-crore initial public offering will open for subscription on August 7. It has fixed a price band of Rs 200-212 per share for the issue. Proceeds will fund working capital and general corporate purposes. The infrastructure firm's equity shares are proposed for listing on the BSE and NSE.

The Economic Times 6 Aug 2026 9:22 pm

Muthoot Microfin Q1 profit jumps 13-fold on stronger loan growth

Muthoot Microfin reported a more than 13-fold rise in Q1 net profit to Rs 81 crore, driven by 49% higher loan disbursements, lower credit costs and improved asset quality. Gross loan portfolio grew 18%, while net interest margin remained stable at 12%.

The Economic Times 6 Aug 2026 9:14 pm

Biocon sees stronger H2 on US biosimilar launches, regulatory easing

The US regulators decision to move away from subjecting companies to undertake mandatory efficacy trials in phase-3 bodes well for incumbents such as Biocon

The Hindu Businessline 6 Aug 2026 9:09 pm

Ahead of Market: 10 things that will decide stock market action on Friday

Indian markets found support from easing crude oil prices and the RBI's stable policy outlook despite range-bound trade. Analysts said Nifty holding above 24,600 keeps bullish momentum intact, with improving earnings expectations and stock-specific buying supporting broader market resilience.

The Economic Times 6 Aug 2026 9:08 pm

Market Trading Guide: Tata Technologies among 2 stock recommendations for Friday

Nifty ended nearly flat after a range-bound session but stayed above key moving averages, preserving its bullish trend. Analysts recommended Tata Technologies and AIIL as buy ideas, citing breakout patterns, strong momentum, rising volumes and favourable technical indicators for further upside.

The Economic Times 6 Aug 2026 9:06 pm

Lumina Datamatics completes acquisition of TNQTech

With the acquisition of the remaining 20% per cent, the transaction has now been completed, making TNQTech a 100% per cent wholly-owned subsidiary of Lumina Datamatics

The Hindu Businessline 6 Aug 2026 8:54 pm

LIC flags pressure on customer incomes even as Q1 profit rises 23%

LIC expects pressure on household savings to continue, weighing on premium growth, while a shift towards higher-margin non-par products helped boost profitability and strengthened the insurer's capital position in the June quarter.

Livemint 6 Aug 2026 8:51 pm

Dabur India targeting double-digit revenue growth, remains watchful of geopolitical, inflationary conditions

Malhotra said to mitigate these challenges, the company is diversifying and strengthening alternative supply routes including including sourcing from India for U.S. market and for MENA markets

The Hindu Businessline 6 Aug 2026 8:50 pm

Construction quick commerce platform HomeRun raises $12 mn led by Nexus Venture Partners

HomeRun delivers construction and interior materials to contractors and homeowners at competitive prices, within 60 minutes

The Hindu Businessline 6 Aug 2026 8:49 pm

Emami Agrotech enters packaged snacking market, plans to invest 750 crore

The company is currently outsourcing production of three newly-launched categories Choco Hazelnut Spread, Potato Chips and Jhuri Aloo Bhaja

The Hindu Businessline 6 Aug 2026 8:36 pm

Union Cabinet approves 23,371 crore GOBARdhan scheme to fuel CBG sector growth

The scheme aspires to increase domestic production of CBG ten-fold and mobilise large-scale private investment.

The Hindu 6 Aug 2026 8:34 pm

LIC sees no further government stake sale for 18-24 months, says MD; Q1 profit rises 23%

The government will likely not sell more LIC shares for eighteen to twenty-four months. LIC has until 2032 to meet minimum public shareholding norms. The company recently saw a 6.5 percent stake sale well received by markets. LIC achieved ten percent public float ahead of its May 2027 deadline. The insurer reported a twenty-three percent profit increase and premium income growth.

The Economic Times 6 Aug 2026 8:31 pm

Fisdom founders set to exit Groww a year after $150-mn acquisition

Fisdom co-founders Subramanya S.V. and Anand Dalmia will have completed one year with Groww by the time they exit, following the closure of the transaction.

Livemint 6 Aug 2026 8:21 pm

Tata Sons faces continued listing uncertainty after RBI classification

The Reserve Bank of India has placed Tata Sons under intensified regulatory oversight. This designation will not influence its ongoing bid to relinquish its NBFC license. Tata Sons had cleared its debts and sought deregistration approximately two years ago. The regulator is expected not to mandate a listing until the application is resolved, which, in turn, affects the philanthropic ventures and investments of Tata Trusts.

The Economic Times 6 Aug 2026 8:05 pm

Dabur India moves court against FSSAIs prohibition order

In a BSE filing, the company had earlier said thatmost of the affected products have either already transitioned to revised labels and advertisements without such claims or are in the process of doing so

The Hindu Businessline 6 Aug 2026 8:05 pm

India tops world in IPO count, ranks third in fundraising in FY26: SEBI Annual Report

India maintained its global lead in IPO numbers during FY2025-26. The nation secured third place worldwide for total funds raised through these offerings. SEBI implemented reforms to ease capital raising while protecting investors. These measures included restructuring public float requirements and extending shareholding timelines. The regulator also allowed founders to retain employee stock options for new companies.

The Economic Times 6 Aug 2026 8:01 pm

India, Brazil must defend WTO, multilateralism against tariffs: Brazilian minister

Brazil's Industry Minister urged India to jointly defend multilateralism and the WTO. He highlighted the need to counter unilateral tariff impositions by the United States. Brazil seeks to diversify export markets, with India being a key priority. Brazilian companies are also keen to invest in Indian energy and infrastructure projects. Cooperation on fertilizer supply and green ammonia for agriculture is also sought.

The Economic Times 6 Aug 2026 7:57 pm

Japanese Mindset: 'Honne and Tatemae' - The Japanese Philosophy that teaches when to speak your truth and when to choose harmony

Japanese Mindset: Japanese philosophy introduces Honne and Tatemae, a nuanced balance between inner truths and social harmony. Honne refers to ones authentic sentiments, while Tatemae embodies the outward persona presented to society. This dualistic approach emphasizes politeness and strives to avert conflict, fostering interaction based on empathy rather than deception. Ultimately, embracing this philosophy cultivates respectful connections that enhance interpersonal relationships.

The Economic Times 6 Aug 2026 7:51 pm

Mexican Proverb of the Day: We are all made of the same clay, but ... A life lesson on equality and individuality

Mexican Proverb of the Day:A thought-provoking Mexican proverb encapsulates the essence of our shared humanity while acknowledging the uniqueness of each individual. It teaches that achieving equality doesn't imply being the same, advocating for a heartfelt respect for the diverse journeys people undertake. This adage remains a powerful call for fostering acceptance and inclusivity in todays richly varied societies.

The Economic Times 6 Aug 2026 7:49 pm

PNB Housing targets Rs 100 cr micro-housing loan book in FY27

PNB Housing Finance anticipates its new micro-housing loan business will reach Rs 100 crore AUM. The company expects disbursements to accelerate now that policies and training are finalised. Leverage is projected to increase to nearly six within three years for organic growth. Funding costs remain stable, with potential for slight softening in market conditions. Construction finance lending has restarted conservatively, focusing on select cities and developers.

The Economic Times 6 Aug 2026 7:47 pm

Psychology says walking speed may reveal more about mood than personality

Psychology ultimately reminds us that human behavior is flexible rather than fixed. Walking speed should be viewed as one small clue within a much larger picture.

The Economic Times 6 Aug 2026 7:45 pm

Protest is a legitimate form of democratic dialogue, should build consensus: Mohan Bhagwat

Mohan Bhagwat stated protest is a democratic dialogue tool for consensus building. He acknowledged Gen Z's genuine concerns and their desire for reasoned explanations. Bhagwat cautioned against social media misuse and emphasized individual responsibility for technology. He advocated for self-regulation and societal involvement in social media use. Increased public spending on education and entrepreneurship were also highlighted.

The Economic Times 6 Aug 2026 7:44 pm

Quote of the Day by Audrey Hepburn: I don't want to be alone, I want to be Inspiring lessons on personal space, independence, self-care, privacy, loneliness and why solitude is where you find yourself by the British actress known for her elegance, timeless performances and deep insights on boundaries and life

Quote of the Day by Audrey Hepburn: Audrey Hepburns quote, I don't want to be alone, I want to be left alone, explores the importance of personal space, independence, and emotional balance. The quote suggests that seeking solitude does not always mean feeling lonely or disconnected, but rather represents the need for privacy, self-reflection, and moments of peace away from external pressures. It highlights that healthy boundaries and time for oneself are essential for personal well-being, while still allowing room for meaningful relationships and human connection.

The Economic Times 6 Aug 2026 7:41 pm

Faster AIF schemes to corporate bonds tokenisation: What Sebi annual report tells about its next moves

Sebi will introduce fast-track Alternative Investment Fund launches, a single-window clearance system and the Sebi Setu portal to ease compliance. It also plans corporate bond tokenisation pilots, quantum-ready technology roadmaps and Project Jagrook to strengthen investor awareness and market efficiency.

The Economic Times 6 Aug 2026 7:41 pm

GTA 6 fans, mark your calendars! Netflix lands first look before Rockstar in blockbuster streaming deal

The extended GTA 6 showcase will premiere on Netflix hours before hitting YouTube, while fans await fresh updates from Take-Two's earnings call.

The Economic Times 6 Aug 2026 7:38 pm

India-Israel investment agreement in force: Modi, Netanyahu discuss enhanced bilateral ties

Prime Minister Modi and Israeli PM Netanyahu discussed bilateral progress and a new investment agreement. This agreement, effective Saturday, aims to boost investment and protect investors. It allows three years for local dispute resolution before international arbitration. The leaders reaffirmed their commitment to strengthening cooperation across various sectors. They also exchanged views on recent developments in West Asia and agreed to stay in touch.

The Economic Times 6 Aug 2026 7:34 pm

'Need to elect JD', Trump mulls over Vance as Presidential candidate for 2028: Report

President Trump privately indicated support for JD Vance's 2028 presidential aspirations. He told donors he wants to see his vice president win the election. Advisers suggest Trump still weighs Vance and Marco Rubio for succession. Vance has not confirmed his plans and awaits his fourth child's birth. The midterms will significantly influence Republican challengers and potential endorsements.

The Economic Times 6 Aug 2026 7:34 pm

OpenAI doubles down on India, makes Indic languages and voice top research priority

To capture Indias booming conversational AI market, the firm is cutting model costs, tackling local voice challenges, and deepening ties with local startups.

Livemint 6 Aug 2026 7:28 pm

Agni-IV test: India successfully fires 4,000 km-range ballistic weapon from Odisha

India marked a significant milestone by successfully test-launching the Agni-IV missile from Chandipur, Odisha. This advanced two-stage missile, capable of covering distances up to 4,000 km, can carry both nuclear and conventional warheads. Since its original trial in 2010, multiple flight assessments have confirmed its operational readiness, as validated by the Strategic Forces Command, demonstrating the nations advancing missile technology.

The Economic Times 6 Aug 2026 7:27 pm

Assam Chief Minister Himanta Biswa Sarma launches application distribution for Nijut Moina and Nijut Babu Scheme

At the same programme, the Chief Minister also disbursed Rs. 15.86 crore via DBT to 793 flood-affected schools across Sivasagar, Charaideo, Jorhat and Golaghat and launched financial assistance of over Rs. 4.26 crore from the CMRF for 21,025 students in Sivasagar and Charaideo to purchase educational materials after the recent floods. Of the amount, Rs. 11 crore have been allocated to 550 schools of Sivasagar, Rs. 2.22 crore to 111 schools, Rs. 2.06 crore to 103 schools of Jorhat and Rs. 0.58 crore to 29 schools of Golaghat district.

The Economic Times 6 Aug 2026 7:26 pm

Iran warned Gulf neighbours of 'blackout' if US struck power plants: Report

Iran issued serious warnings to Gulf neighbors about regional blackouts. This threat came after the United States considered striking Iranian power plants. Iran communicated that its power plants would be met with similar strikes. The message included a list of potential targets like power and desalination facilities. These events follow heightened tensions and prior retaliatory threats.

The Economic Times 6 Aug 2026 7:26 pm

Solinas Integrity raises $5.5 million Series A funding from Hero Enterprise Partner Ventures, Mela Ventures

Solinas builds robotics and AI systems that inspect, clean, and digitise underground water and wastewater infrastructure

The Hindu Businessline 6 Aug 2026 7:25 pm

64 dead in Himachal Pradesh since monsoon's onset; wet spell to be on till Aug 12

Monsoon rains have caused 64 deaths and Rs 797 crore in losses across Himachal Pradesh. One hundred twenty roads remain closed, and many water supply schemes are disrupted. The Hindustan-Tibet road was reopened after a significant landslide in Kinnaur. Moderate to heavy rain continues, with a yellow alert issued until August 12. Manali and Dharamshala recorded significant rainfall in the past 24 hours.

The Economic Times 6 Aug 2026 7:19 pm

Etsy posts strong second quarter, then cuts 12% of workforce; CEO Kruti Patel Goyal says layoffs aren't driven by AI or cost-cutting

Etsy is reducing its global workforce by approximately twelve percent. This significant restructuring impacts around two hundred twenty employees, primarily in Product and Engineering. The company's CEO stated these decisions were not driven by cost-cutting or artificial intelligence. This move follows strong second-quarter financial results and a raised full-year guidance. Affected employees will receive comprehensive severance packages and healthcare support.

The Economic Times 6 Aug 2026 7:16 pm

Bajaj General Insurance, Swiss Re Group arm ink MoU for commercial insurance partnership

The plan is to provide underwriting expertise in lines of business that are critical for Indian economy, including high-tech and manufacturing. Proposal to offer global insurance programmes for Indian companies operating abroad

The Hindu 6 Aug 2026 7:14 pm

Ice Make Refrigeration raises 190 cr via preferential issue

Ice Make Refrigeration partners with Japans Galilei Holdings for strategic investment and joint venture

The Hindu Businessline 6 Aug 2026 6:57 pm

Quote of the day of Perez Hilton, 'I'm not perfect, I'm not trying to be, but it's a constant journey and a process' reveals psychology of happy person, offers timeless motivational life lesson on success, self-improvement, personal growth

Quote of the day by Perez Hilton serves as an inspiring reminder that perfection is neither realistic nor necessary. What truly matters is embracing the process, remaining open to change, and committing to continuous personal development. By choosing progress over perfection, people create lives filled with authenticity, resilience, purpose, and lasting fulfillment, proving that the greatest achievement is not becoming perfect but becoming better with every passing day.

The Economic Times 6 Aug 2026 6:56 pm

CRPF suicides hit five-year high in 2025; constabulary accounts for over 80%

CRPF suicides hit a five-year high of 59 in 2025, with constables most affected. Most deaths occurred while personnel were actively on duty, sources indicated. Home issues combined with service rigors are largely linked to these tragic incidents. Over 281 personnel took their lives between 2021 and July 2026. The force is implementing measures for troop physical and mental well-being.

The Economic Times 6 Aug 2026 6:55 pm

Sebi proposes separate master circular for clearing corporations

The Securities and Exchange Board of India (Sebi) is set to refine regulations for stock exchanges and clearing corporations. There will be a distinct master circular for clearing entities, alongside enhanced website disclosure obligations. Additionally, existing provisions regarding stock brokers are to be eliminated from current master circulars. This initiative seeks to unify standards and ease the regulatory landscape.

The Economic Times 6 Aug 2026 6:54 pm

Sebi proposes investment by REITs, InvITs in third party projects without controlling interest

Sebi has put forth proposals to permit REITs and InvITs to channel their investments into under-construction projects. This initiative is designed to establish a consistent stream of revenue-producing assets over the long term. Moreover, the regulator plans to shorten the cooling-off period for privately placed InvITs. Notably, common remote infrastructure will now be classified as real estate for REITs.

The Economic Times 6 Aug 2026 6:52 pm

Crompton Greaves Q1 Results: Profit rises 15% to Rs 142 crore, revenue up 11%

Crompton Greaves Consumer Electricals has reported a remarkable 15.17 percent increase in net profit for the June quarter, alongside an 11.84 percent rise in revenue from operations. The company has successfully achieved double-digit growth across all its business segments, bolstered by strategic price hikes and enhanced cost efficiencies. This impressive performance underscores the ongoing growth momentum the company is experiencing.

The Economic Times 6 Aug 2026 6:51 pm

US productivity rises faster than expected in second quarter

US worker productivity saw a stronger than anticipated 1.4% rise last quarter. This growth follows a revised 0.8% increase in the prior period. Businesses investing in artificial intelligence are expected to drive further productivity gains. Unit labor costs also increased at a slower pace than economists predicted. This trend suggests AI may help keep wage inflation contained.

The Economic Times 6 Aug 2026 6:50 pm

Top Quote of the Day by Jensen Huang, Tim Cook and Jeff Bezos: What do the world's most influential business leaders understand about lasting success? Timeless life lessons on leadership, innovation, discipline, resilience, decision-making, long-term thinking, personal growth, and ambition

Today's Top Quote of the Day by Jensen Huang, Tim Cook and Jeff Bezos: In an era defined by rapid technological disruption and shifting economic paradigms, leadership is tested not by standard playbooks, but by foundational philosophy. Few figures exert as profound an impact on modern commerce, technology, and global culture as Jensen Huang, Tim Cook, and Jeff Bezos. Managing enterprises that drive artificial intelligence, personal computing, and global infrastructure, these leaders offer far more than operational methodologies, they provide actionable blueprints for decision-making, personal growth, and long-term value creation.

The Economic Times 6 Aug 2026 6:50 pm

Jonathan Taylor's future is sealed after blockbuster $44 million Colts deal

Jonathan Taylor has signed a significant contract extension with the Colts. This new deal secures the star running back for two additional seasons. The agreement includes substantial guaranteed money, showing team commitment. Taylor is now closer to becoming the franchise's all-time leading rusher. This move highlights the Colts' aggressive offseason spending strategy.

The Economic Times 6 Aug 2026 6:46 pm

Spain confident it will host the 2030 World Cup final because it 'deserves' it

Spain's sports minister expressed confidence the 2030 World Cup final will be in Spain. She stated Spain deserves to host the title game due to its strengths. FIFA denied reports that the final was awarded to co-host Morocco. The Spanish government was surprised by the news but noted FIFA's denial. Spain will continue working with FIFA to secure the World Cup final.

The Economic Times 6 Aug 2026 6:45 pm

UN experts urge Iran to end 'targeting' of minorities

UN human rights experts have called on Iran to halt the increasing arbitrary detentions and executions that particularly impact Kurdish and Baluch minorities. Since the outbreak of protests, thousands have been detained, facing serious security charges. The rate of executions has surged, with members of these minorities disproportionately at risk, as they are often labeled as threats to national security.

The Economic Times 6 Aug 2026 6:45 pm

China faces backlash over arrest of activist in Tibet for Dalai Lama photo

Chinese authorities arrested activist Zhang Yi in Tibet on July 28. He faces charges of inciting separatism after displaying a Dalai Lama photo. Amnesty International criticizes Beijing for suppressing peaceful expression and religious freedom. The organization calls for Zhang's immediate and unconditional release. They also urge access to family and a lawyer for the activist.

The Economic Times 6 Aug 2026 6:44 pm

Luxury cars, watches and fake bank accounts: Inside the 107-crore Panchkula fraud

The ED alleges former Kotak Mahindra Bank executive diverted Municipal Corporation of Panchkula funds through fake accounts before routing the money into luxury assets and properties.

Livemint 6 Aug 2026 6:40 pm

European proverb of the day: 'A bird is known by his note and a man by...' Life lessons from motivational proverb on thoughts, truth, honesty, true character, inner values, and real nature

European Proverb of the day: A bird is known by his note and a man by his talk explains how speech can reveal thoughts, values, honesty and character. The proverb compares a bird's sound with a person's words. It teaches people to speak with care because communication can show their nature, beliefs and way of treating others.

The Economic Times 6 Aug 2026 6:37 pm

Psychology says people touch their face for more reasons than nervousness

Psychology says people touch their faces for far more reasons than nervousness alone. While face touching may sometimes accompany stress or uncertainty, it can also appear during concentration, routine habits or moments of thoughtful reflection. Instead of treating one gesture as a reliable clue about someone's emotions, psychologists encourage looking at the broader situation before drawing conclusions.

The Economic Times 6 Aug 2026 6:35 pm

France submits proposal for 114 Rafale fighter jet deal with India, offers large-scale local manufacturing

France submitted its technical and commercial proposal for 114 Rafale fighter jets. Ninety-four aircraft will be manufactured in India with domestic industry partners. This acquisition aims to bolster the Indian Air Force's declining squadron strength. The deal is expected to generate significant business opportunities for Indian companies. India has already contracted 62 Rafale aircraft for its Air Force and Navy.

The Economic Times 6 Aug 2026 6:34 pm

Pressured by Tesla, European regulators keep 'Full Self-Driving' safety data secret

The Dutch regulator RDW approved Tesla's FSD system, but refuses to share safety evaluation details. RDW cites Tesla's demands for commercial secrecy as the reason for withholding public information. European experts express concern over this lack of transparency regarding public safety. Tesla is seeking EU approval for FSD, which requires a special exemption from current regulations. Other European countries also cite trade secrets when asked about FSD testing data.

The Economic Times 6 Aug 2026 6:32 pm

Pakistan issues foreign media guidelines, drawing criticism from press freedom groups

Pakistan's government has issued new guidelines for foreign media organizations operating within the country. These rules require registration and accreditation for reporting outside major cities. Critics argue these measures create bureaucratic hurdles and discourage independent reporting. The government states the guidelines provide a transparent framework for foreign media operations. Media rights groups have condemned the new measures as restrictions on press freedom.

The Economic Times 6 Aug 2026 6:30 pm

Pakistan can hold India to a draw in FIH Men's World Cup clash on Aug 19: Samiullah

Pakistan's chief selector believes a draw against India is crucial for their World Cup pool stage. The national team will participate in the tournament after an eight-year absence. They face England and Wales in Pool D alongside their rivals India. Recent performances against South Korea have boosted the team's overall confidence. Foreign coaches have been appointed to assist the team director and chief coach.

The Economic Times 6 Aug 2026 6:30 pm

Soccer: Real Madrid agree club-record deal for Leipzig's Diomande, reports say

Real Madrid has agreed to sign winger Yan Diomande from RB Leipzig. The transfer fee could reach 125 million euros plus add-ons. This potential deal surpasses the club's previous record signing. Diomande scored 12 goals and provided nine assists for Leipzig. He also represented Ivory Coast at the recent World Cup tournament.

The Economic Times 6 Aug 2026 6:05 pm

Top Quote of the Day by Milton Friedman, Joseph Stiglitz and Paul Krugman: What do Nobel Prize-winning economists understand about human behavior and financial freedom? Life lessons on decision-making, mindset, wisdom, success, character, personal growth, and why their economic insights still shape smarter choices today

Today's Top Quote of the Day by Milton Friedman, Joseph Stiglitz and Paul Krugman: Milton Friedman, Joseph Stiglitz, and Paul Krugman spent decades studying markets, governments, businesses, and human behavior. Their words are not merely academic observations. They are lessons drawn from decades of research, public debate, policy advising, and real-world economic crises.

The Economic Times 6 Aug 2026 5:58 pm

Quote of the Day by Tyra Banks: 'You've got to learn to accept the fool in you...'- Inspiring life lessons on self-acceptance, confidence, and embracing imperfection by trailblazing American supermodel and TV personality

Quote of the Day by Tyra Banks: Tyra Banks teaches that true confidence stems from accepting all parts of ourselves. Embracing imperfections allows for personal growth and reduces the fear of failure. Authenticity and self-compassion build deeper confidence than striving for flawlessness. Mistakes become learning opportunities, not reasons for shame or self-criticism. This approach fosters emotional strength and encourages living life more fully.

The Economic Times 6 Aug 2026 5:55 pm

Indian-origin NASA astronaut Anil Menon embarks on maiden 6.5-hour ISS spacewalk

Indian-origin astronaut Anil Menon embarks on his first spacewalk today. He will join Jessica Meir to strengthen the orbiting laboratory's power system. This mission prepares the International Space Station for next-generation solar panels. It is the first of three NASA spacewalks planned for this month. Safety tethers and specialized suits will ensure astronaut protection during the operation.

The Economic Times 6 Aug 2026 5:50 pm

Plane near drone found at German airport was carrying ammunition, media reports say

A drone carrying high-grade explosives was discovered near Ukrainian cargo planes at Leipzig airport. Authorities are searching for an object that damaged another freight jet mid-air. This incident disrupted operations at one of Germany's main logistics hubs. German officials are investigating the event as a hybrid attack. The investigation into the perpetrators remains ongoing.

The Economic Times 6 Aug 2026 5:46 pm

Quote of the day by Michael Fassbender: 'I dont want to stay in my comfort zone. I want to...' Life lessons from inspiring quote on stagnation, personal transformation, fear, originality, calculated risks and creativity

Quote of the day by Michael Fassbender focuses on taking risks, leaving the comfort zone and accepting fear as part of personal transformation. His words offer life lessons about stagnation, creativity, resilience, originality and calculated risks. The idea can help people examine routines and take measured steps toward learning, change and growth.

The Economic Times 6 Aug 2026 5:41 pm

US sanctions pushing Cuba into full-blown crisis: UN experts

A group of independent UN human rights experts has urged the international community to act quickly to prevent US sanctions from pushing Cuba into a full-blown crisis. The experts said tighter US measures, including an effective oil blockade, have worsened shortages of food, medicine and fuel, disrupted essential services and increased hardship for vulnerable groups.

The Economic Times 6 Aug 2026 5:36 pm

Why people are using aluminium foil for stove burners: How to use this viral kitchen hack thats low-cost, easy, and keeps your stove clean effortlessly

Many households worries with keeping their stove burners spotless. Using aluminium foil can be a simple and cost-effective remedy to tackle kitchen messes. This smart hack serves as a shield against spills, making clean-ups much quicker and easier. Its an economical choice that helps maintain the stoves' appearance, though its crucial to ensure that the foil doesnt obstruct gas outlets or flames.

The Economic Times 6 Aug 2026 5:32 pm

Temporary Protected Status rollback sparks panic among Haitian immigrants in the US

The termination of Temporary Protected Status for Haitians creates widespread fear and disruption. Many immigrants now avoid public spaces and community gatherings due to enforcement concerns. Industries relying on immigrant labor face significant uncertainty and potential disruption. Legal challenges have concluded, allowing the administration to end these protections. Families face difficult choices between remaining undocumented or returning to dangerous conditions.

The Economic Times 6 Aug 2026 5:31 pm

What to know as Germany investigates an explosive drone at a key cargo airport

Leipzig/Halle Airport narrowly avoided disaster with a defused explosive drone. An object also collided with a freight plane, causing minor damage. German officials described the drone incident as a ew threat quality and hybrid attack. The airport is a key hub for supporting Ukraine and NATO's SALIS program. Investigations are ongoing into both incidents, which suggest professional preparation.

The Economic Times 6 Aug 2026 5:31 pm

Fake news!: White House rubbishes report of Doanld Trump-Pete Hegseth clash over US munitions shortages

The rebuttals follow a report by The Washington Post citing two sources familiar with the matter, which alleged that Trump interrogated Hegseth regarding a diminishing inventory of crucial weaponry, including air defence interceptors and long-range guided missiles.

The Economic Times 6 Aug 2026 5:31 pm

PM Modi's foreign visits to 23 countries cost over Rs 180 crore in 2025: Govt

Prime Minister Narendra Modi's foreign visits in 2025 cost the exchequer over Rs 180 crore. Expenditure on these overseas trips reached nearly Rs 187 crore for the year. So far in 2026, Rs 74.58 crore has been spent on the prime minister's foreign trips. These high-level engagements strengthen India's global partnerships across various sectors.

The Economic Times 6 Aug 2026 5:30 pm

Sexual harassment allegations politically motivated, says Brij Bhushan after acquittal

Brij Bhushan Sharan Singh, at a felicitation programme after his acquittal by a Delhi court, said the sexual harassment allegations were politically motivated and confined to good touch and ad touch. Singh received a grand welcome in Gonda, his home district, following the court's decision.

The Economic Times 6 Aug 2026 5:27 pm

'Tough reality in the gaming industry': Halo Studios launches Halo: Campaign Evolved, then lays off several employees

Halo Studios has reportedly laid off several employees shortly after the game's launch. Multiple staff members have announced their departures on professional networking sites. The game has reportedly sold around 1.4 million copies by early August. These cuts may be linked to broader Microsoft gaming division restructuring.

The Economic Times 6 Aug 2026 5:26 pm

Bangladesh to hold presidential election on August 20: Election Commission

Bangladesh's presidential election is scheduled for August 20. This follows President Mohammed Shahabuddin's resignation on health grounds. Nomination papers will be accepted on August 13. The lawmakers will elect the new president inside Parliament. A new president must be elected within ninety days.

The Economic Times 6 Aug 2026 5:26 pm

Tibetan Proverb of the Day: Better to live one day as a tiger than a thousand years as a sheep Life lessons on fearless living, courage, resilience, authenticity, inner strength and choosing meaningful life is over a comfortable one

Proverb of the day explores an ancient Tibetan saying that reminds us true courage is measured not by how long we live but by how boldly we choose to live. It encourages people to embrace challenges, overcome fear, stay true to their values and build a life filled with purpose instead of comfort.

The Economic Times 6 Aug 2026 5:26 pm

Iran war renews concerns about lasting toll of traumatic brain injuries to US troops

US service members face lasting traumatic brain injuries from recent conflicts. Many soldiers experience symptoms like headaches and memory loss for years. Doctors cannot predict who will suffer long-term effects from these injuries. The military has improved screening and treatment for these signature wounds. Early intervention and therapies offer hope for recovery and adaptation.

The Economic Times 6 Aug 2026 5:22 pm

Motor racing-Formula E will start new season in Mexico if Saudi opener cannot be held

Formula E is optimistic about kicking off its 2026-27 season in Saudi Arabia, with plans for Mexico City to host the inaugural race in January if circumstances require. Key logistical decisions regarding races in the Middle East are anticipated by mid-September. Furthermore, both Formula One and the World Rally Championship are also navigating scheduling challenges, closely monitoring regional events for potential impacts.

The Economic Times 6 Aug 2026 5:19 pm

Startup founder who earned Rs 30,000 now invests Rs 52 lakh in SIPs every month

A startup founder has revealed that he and his family invest Rs 52 lakh every month through mutual fund SIPs and now have a net worth of Rs 67 crore. Speaking on a podcast, he recalled earning a Rs 30,000 monthly salary after moving to Mumbai in 2004 and shared details of his financial journey and investment approach over the years.

The Economic Times 6 Aug 2026 5:01 pm

A Western diet could be feeding colon cancer through gut bacteria, new study reveals

New research reveals Western diets promote colon cancer through gut bacteria. These microbes convert bile acids into compounds that fuel tumor growth. Pigs fed a Western diet showed increased polyps and larger tumors. Human patients with cancer had similar bacterial patterns linked to bile acid conversion. This discovery suggests targeting gut bacteria could prevent colorectal cancer.

The Economic Times 6 Aug 2026 4:59 pm