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The Economic Times

Business / The Economic Times

17-year-old Texas student Iris Shen wins $150,000 for testing potential cancer drugs in clams, in research that could open a new path for blood cancer drug discovery

17-year-old Texas student Iris Shen won $150,000 and third place at the 2026 Regeneron Science Talent Search for testing potential cancer drugs in clams. Her research found that one drug produced effects similar to those seen in human cells, while other drug combinations slowed tumor growth, suggesting clams could potentially serve as a new model for blood cancer drug discovery.

23 Aug 2026 5:47 pm
Melinda French Gates has donated more than $600 million to womens health; after her divorce from Bill Gates, the billionaire philanthropist shares the 10-minute self-care habit that helped her through lifes biggest transitions

Melinda French Gates has donated more than $600 million to womens health. After her divorce from Bill Gates, the billionaire philanthropist shares how taking 10 quiet minutes a day for self-care helped her navigate motherhood, major life transitions and personal change. Dont just leave and then jump to the next thing, she said.

23 Aug 2026 5:23 pm
Moderate earthquake shakes Japan, injuring more than 30 people in Tokyo region

A moderate earthquake struck eastern Japan early Sunday morning. Over thirty individuals sustained injuries, mostly minor, from the seismic event. The quake, with a magnitude of 5.9, caused disruptions to train services. Officials confirmed no tsunami danger and no nuclear facility anomalies. The government established a task force to assess potential damage.

23 Aug 2026 5:17 pm
Ohio company sues woman over one-star Google review, seeks more than $25,000 in defamation lawsuit

An Ohio manufacturing company has filed a defamation lawsuit against a woman over a one-star Google review, alleging she made false claims about its quality and manufacturing practices. Starr Manufacturing Inc. is seeking more than $25,000 in damages, while the company's attorney claims the review stemmed from a personal dispute rather than an actual customer experience.

23 Aug 2026 4:53 pm
Market Trading Guide: Jayaswal Neco Industries among 2 stock recommendations for Monday

Analysts recommend Jayaswal Neco Industries and Alkyl Amines for Friday, citing bullish breakouts, strong trading volumes and improving RSI momentum. Jayaswal Neco has a target of Rs 110, while Alkyl Amines has a target of Rs 2,250, with both stocks trading above key moving averages.

23 Aug 2026 4:39 pm
Indian Council of Medical Research says no new H1N1 strain detected; urges no panic

The Indian Council of Medical Research has confirmed no new H1N1 strain exists in India. Current circulating viruses belong to a known A/Missouri/11/2025 strain, which matches vaccine recommendations. Delhi has reported over 2,600 influenza cases, including 1,777 H1N1 cases recently. Health authorities are monitoring the situation and advising public hygiene measures. Young children and the elderly are at higher risk for influenza complications.

23 Aug 2026 4:09 pm
India-Japan business mission to focus on semiconductors, electronics; MoUs expected during visit: FICCI

India and Japan will enhance cooperation in semiconductors and electronics. Memorandum of Understandings are expected during the ongoing business mission. A large delegation is visiting Japan to strengthen bilateral business relations. Discussions will focus on deepening engagement and addressing business priorities. This initiative reflects the ambition of both nations' strategic partnership.

23 Aug 2026 4:08 pm
Rahul Gandhi posters as 'real-life Batman' put up outside Congress HQ

Posters portraying Rahul Gandhi as Batman appeared outside Congress headquarters. Gandhi previously joked about being Batman during an Instagram session with students. He participated in protests and staged a sit-in demanding an FIR. Delhi Police registered a formal FIR under the Bharatiya Nyaya Sanhita. A Supreme Court committee will investigate allegations of police excesses and protester violence.

23 Aug 2026 3:33 pm
MacKenzie Scotts $26 billion philanthropy journey, inspired by a college book, stands apart from Warren Buffett and Bill Gates and Melinda French Gates' approach to giving

After her divorce from Jeff Bezos, MacKenzie Scott revolutionized her philanthropic strategy by emphasizing rapid donations. But her way of donation is different from Warren Buffett and Bill Gates and Melinda French Gates. She trusts recipient organizations to determine the best use of funds, influenced by an impactful Annie Dillard passage that highlighted the importance of immediate action.

23 Aug 2026 3:25 pm
Steel, bitumen, geopolitics could slow Indias construction boom: ICEMA Vice President

India's construction equipment industry anticipates single-digit growth this financial year. Rising steel and bitumen prices are significantly impacting project economics. Geopolitical uncertainty and execution challenges also moderate industry expansion. Domestic sales saw a decline while exports demonstrated strong global competitiveness. The sector faces moderated fund disbursements and delayed contractor payments.

23 Aug 2026 3:14 pm
Shubman Gill falls after 50, India 187/3 at tea against Sri Lanka on Day 1 in 2nd Test

Shubman Gill and Devdutt Padikkal built a strong partnership for India. They added 120 runs for the third wicket alliance. India reached 187 for three at tea on the opening day. KL Rahul and Yashasvi Jaiswal departed in the first session. Rishabh Pant joined Padikkal at the crease before tea.

23 Aug 2026 3:02 pm
Jharkhand protests: 3 FIRs filed against 28 named, 900 unnamed over clashes

Multiple FIRs have been filed against hundreds of individuals following recent clashes. Protesting job aspirants clashed with police in Giridih and Hazaribag districts. These incidents occurred after similar cases were registered in Ranchi on Saturday. Students are demanding action on alleged recruitment irregularities and examination reforms. The Jharkhand High Court has stayed several notifications cancelling appointments and examinations.

23 Aug 2026 2:59 pm
Gautam Adani meets Karnataka CM, BJP attacks Congress over double standard

Industrialist Gautam Adani met Karnataka Chief Minister D K Shivakumar for an hour. Sources described the meeting as a courtesy visit while returning to the airport. The meeting occurred amid a proposed tunnel road project for which Adani Enterprises is the lowest bidder. The BJP criticised the Congress for perceived double standards regarding the industrialist.

23 Aug 2026 2:23 pm
Defence ministry backs major shipbuilding, manufacturing expansion in West Bengal

Defence Minister Rajnath Singh inaugurated five expansion projects for GRSE and YIL. These initiatives aim to significantly boost shipbuilding and defence manufacturing capabilities in West Bengal. GRSE will develop three riverside sites along the Hooghly river for shipbuilding and repairs. YIL's Metal and Steel Factory will enhance indigenous metallurgical output with new forging presses.

23 Aug 2026 1:56 pm
DMRC becomes first Indian metro organisation to secure ISO 55001:2024 certification

Delhi Metro Rail Corporation has become Indias first metro organisation to receive ISO 55001:2024 certification for its asset management system, covering Mumbai Metro Line-3. The certification marks DMRCs shift towards risk-based, lifecycle-oriented asset management and strengthens its ambitions to expand its operations and maintenance expertise beyond Delhi-NCR.

23 Aug 2026 1:15 pm
20 IPOs on investors' radar next week. GMPs indicate up to 90% returns

A total of 20 IPOs are on investors radar next week, including fresh issues and upcoming listings across the mainboard and SME segments. Symbiotec Pharmalab, Tempsens Instruments, Lumino Industries and Kwick Forensic Solutions command the highest grey market premiums, with implied listing gains ranging from 107% to 56.7%.

23 Aug 2026 1:14 pm
No rush for Bangladesh PM's India visit, national interest priority: Minister

Bangladesh indicates no urgency for Prime Minister Tarique Rahman's India visit. Dhaka will not compromise national interests while seeking positive ties with New Delhi. The visit awaits sufficient progress in bilateral discussions between the two nations. This comes amid ongoing uncertainty over the Bangladesh Prime Minister's trip. Extradition of former PM Sheikh Hasina remains part of ongoing engagement.

23 Aug 2026 12:57 pm
Air India reduces Delhi cargo transfer time to 5-8 hours, expands pilot across India-Europe routes

Air India successfully launched a new cargo transshipment policy on a key air route. This initiative significantly reduced cargo connection times at Delhi Airport. The policy allows eligible shipments to remain securely packed throughout their transit. This streamlined process aims to attract more transit cargo to Indian airports. The airline plans to expand this efficient cargo movement across more routes.

23 Aug 2026 12:51 pm
India's art market is having a moment

New Delhi: Amrita Sher-Gil's The Storyteller breaks the world record for an Indian artist with Rs 61.8 crore in 2023. Followed by M F Husain clocking Rs 118 crore for Gram Yatra in 2025 and Raja Ravi Varma's Yashoda and Krishna auctioned at Rs 167.2 crore in 2026.The records are tumbling every year as it were. If the numbers by the greats are staggering so are these by lesser known artists. Take, for instance, Asit Kumar Haldar's Mother India (Division of Bengal) that sold for Rs 2.07 crore agai

23 Aug 2026 12:49 pm
FPIs invest Rs 23,544 crore in Indian equities in Aug on earnings revival, rupee stability

FPIs had withdrawn Rs 49,340 crore in June, Rs 32,963 crore in May, Rs 60,847 crore in April and a massive Rs 1.17 lakh crore in March. Prior to this selling streak, they had invested Rs 22,615 crore in February, according to CDSL data.

23 Aug 2026 12:29 pm
Pride Hotels steps up expansion, plans Rs 1,000-cr IPO by December

The expansion has taken Pride Hotels' portfolio to 40 properties, including eight owned hotels and 32 managed properties. The company has also signed contracts for another 32 hotels, which are expected to open over the next one-and-a-half to two years, taking its portfolio to about 72 properties.

23 Aug 2026 12:27 pm
Mcap of four of top-10 most valued firms erodes Rs 87,960 cr; Airtel takes biggest hit

The mcap of Reliance Industries surged Rs 8,119.53 crore to Rs 17,78,175.59 crore and that of Larsen & Toubro climbed Rs 3,487.83 crore to Rs 5,62,460.94 crore.

23 Aug 2026 12:24 pm
Delhis ageing Lutyens bungalows now carry a Rs 92-crore upkeep bill for ministers

Annual expenditure on Lutyens bungalows reached a record Rs 92.35 crore in 2025-26. This spending has more than tripled since 2014-15, reflecting rising costs. The Central Public Works Department manages these extensive repair and renovation works. Inflation and the age of these historic structures contribute to the increasing expenses. These bungalows, built nearly a century ago, require continuous upkeep and upgrades.

23 Aug 2026 12:23 pm
NSA Doval to visit China on Monday to attend Special Representatives talks with FM Wang

National Security Advisor Ajit Doval will attend boundary talks in Beijing this week. These talks precede Chinese President Xi Jinping's anticipated visit to India for the BRICS summit. India reiterates border peace is essential for good bilateral relations with China. Recent reports indicated Chinese troop movements near the Arunachal Pradesh border. Both nations aim to maintain communication and border peace through established mechanisms.

23 Aug 2026 12:17 pm
Ravindra Jadeja creates history, becomes first Indian to feature in 50 WTC matches

Ravindra Jadeja achieved a significant milestone by playing his 50th World Test Championship match. This historic achievement occurred during India's second Test against Sri Lanka in Colombo. The veteran all-rounder reached this landmark as India made one change to their playing XI. Saransh Jain made his debut for India, replacing Kuldeep Yadav due to an infection.

23 Aug 2026 12:09 pm
Adjourned, not prorogued: Parliament's Monsoon Session awaits formal closure

Parliament's Monsoon session remains open ten days after adjournment, sparking legislative speculation. The government may seek to pass a key women's reservation bill without a new session. This legislation aims to implement the law before the upcoming 2029 parliamentary elections. Opposition parties express concerns about potential delimitation impacts on their representation. The delay fuels discussions on constitutional amendments and seat allocation adjustments.

23 Aug 2026 11:41 am
10 midcap stocks with massive upside potential of up to 55%! Do you own any?

Ten Nifty Midcap 100 stocks have been identified based on analyst consensus estimates, with projected upside ranging from 23% to 53% over the next 12 months. Patanjali Foods, Vishal Mega Mart and Suzlon Energy lead the list, with analysts assigning Strong Buy ratings and significant potential gains based on target prices.

23 Aug 2026 11:32 am
Peter Thiel's 7 timeless rules for spotting winning businesses: Here is what investors must know

Billionaire investor Peter Thiel advocates backing truly unique businesses rather than merely better versions of existing firms. Drawing from his book Zero to One, his 7 core rules emphasize business philosophy, quality valuations, durable competitive moats, niche dominance, independent thinking, continuous reinvestment, and long-term conviction to spot potential multibaggers.

23 Aug 2026 11:29 am
AI is creating more jobs than it destroys in India, but freshers face the squeeze

AI is creating more jobs than it destroys in India currently. However, entry-level hiring is declining significantly for young workers. Companies increasingly value experienced employees with deeper business knowledge. AI-related job losses are concentrated in financial services and technology sectors. India faces a unique challenge and opportunity with its large tech workforce.

23 Aug 2026 11:28 am
India eyes critical minerals, bigger markets in South America trade push

India is strengthening trade ties with South American nations like Chile, Argentina, and Brazil. Commerce Secretary Rajesh Agrawal will chair joint trade meetings in Argentina and Brazil. Talks for a comprehensive trade agreement with Chile are in advanced stages. Discussions will also cover expanding the preferential trade agreement with Mercosur. These efforts aim to diversify India's export markets and boost bilateral trade.

23 Aug 2026 11:27 am
South Africa targets 1L Indian tourist arrivals

Jaipur, South Africa is targeting 1 lakh Indian tourist arrivals in 2026, with a growing focus on younger and experience-seeking travellers, South African Tourism Chief Operating Officer Ismail Dockrat has said.He also said that Rajasthan is emerging as an important market for South Africa, and that there is a scope for industry collaboration between the two destinations.India is one of our most important growth markets, and our target for 2026 is to reach 100,000 Indian arrivals, which would br

23 Aug 2026 11:25 am
Donald Trump revealed 1,000 stock trades in June: Here is what he bought and sold

US President Donald Trump disclosed over 1,000 financial transactions in June, worth between $78.1 million and $263.1 million, revealing significant portfolio reshuffling. Key transactions included liquidating Vanguard ETF holdings while picking up shares in Berkshire Hathaway, Visa, Mastercard, and defense stocks.

23 Aug 2026 11:23 am
15 penny stocks crash up to 50% in 3 months: Are you holding any?

Fourteen microcap penny stocks with market capitalisations below Rs 1,000 crore and trading prices under Rs 20 have witnessed sharp corrections of up to 50% over the past three months. While low entry prices lure retail investors, high volatility and thin liquidity make them highly risky.

23 Aug 2026 11:03 am
Bengaluru techie turns car dashcam into AI tool that spots potholes and files a complaint in four seconds with photo and exact location

A Bengaluru engineer has built an AI-powered pothole detection system using a car dashcam, GPS and an accelerometer. After finding 12 potholes on one commute, Gaurav Sen's app detected and classified them, recorded their locations and prepared complaint details in about four seconds, including photographs and relevant road information.

23 Aug 2026 10:54 am
Charting the Global Economy: UK payrolls slide, inflation rises

The latest figures show the UK labor market is faltering, with job vacancies reaching a five-year low. Inflation rates have intensified, fueled by soaring energy prices. Across the euro area, business activity showed modest growth, though France's economy continues to struggle.

23 Aug 2026 10:50 am
PM Modi wants India to create an aura that can draw space talent; urges startups to build global businesses

Prime Minister Narendra Modi aims to lure global expertise to India's expanding space landscape. He identifies the private sector's potential as a crucial asset for global competition. Key advantages include Indias affordability and its appetite for innovation. To foster investment in the demanding space sector, maintaining consistent policies is vital. Meanwhile, Indian startups are setting their sights on global markets to elevate their reach.

23 Aug 2026 10:42 am
Iran security chief says Trump's 'recklessness' is fuelling a nuclear arms race

Iran's Mohsen Rezaei claims Donald Trump's actions increase global nuclear weapon desire. He stated international treaties proved ineffective against perceived United States aggression. Rezaei defended Iran's nuclear program, asserting adherence to all international regulations. The Islamic Republic maintains its atomic activities are strictly for peaceful purposes. Previous warnings indicated potential escalation if diplomatic efforts with Washington fail.

23 Aug 2026 10:31 am
Rs 3,300 crore IPO week: Symbiotec, Skyways Air to lead 10-offer rush for investors

India's IPO market is set for a busy week, with 10 companies, including Symbiotec Pharmalab, Skyways Air Services, Hy-Tech Engineers and Lumino Industries, looking to raise over Rs 3,300 crore. Mainboard IPOs will be accompanied by five SME issues, while grey market premiums point to strong investor interest in several upcoming offerings.

23 Aug 2026 10:23 am
Earnings recovery still not priced in, says Kotak Life's Hemant Kanawala

India's earnings recovery has begun to broaden across sectors, but the market is yet to fully price in the upcycle, says Hemant Kanawala of Kotak Life Insurance. In an interaction, he highlights large-cap valuation comfort, Q1 earnings growth, and top sector picks including financials and telecom.

23 Aug 2026 10:15 am
Bonus, dividends & stock splits: Paras Defence, NBCC, MCX among 67 stocks turning ex-record date this week. Do you own any?

Around 67 companies have scheduled dividends and other corporate actions for the week of August 24-28. The list includes NBCC, MCX India, Paras Defence, NALCO, Senco Gold and Power Finance Corporation, among others. Investors can track key record dates for dividends, bonus issues, stock splits, rights issues and share consolidation.

23 Aug 2026 10:09 am
How bitcoin and gold went from a slump to an MVP week in just a few days

Bitcoin had dropped from a January high of around $95,000 to below $60,000 at the end of June. Investors shied away from speculative assets earlier in the year and crypto supporters were concerned about the lack of movement on proposed regulation of the industry. On Friday, bitcoin rose above $77,000.

23 Aug 2026 10:03 am
US fiscal strain deepens as $40 trillion debt milestone raises treasury yield risks: Jefferies

US fiscal deterioration is increasingly becoming a key risk for global markets, with higher Treasury yields potentially putting pressure on equities and constraining the Federal Reserve's policy flexibility, Jefferies said in its latest research report.

23 Aug 2026 9:57 am
ISRO's bicycle to Moon landing story

India marked the third National Space Day on Sunday, with Indian Space Research Organisation (ISRO) Chairman Dr V Narayanan recalling the agency's humble beginnings while highlighting the country's current standing among the world's leading spacefaring nations.Speaking at the national event held at the Space Applications Centre (SAC) in Ahmedabad, Narayanan said ISRO once transported rocket parts on bicycles in the absence of other vehicles. He said the space programme has since progressed to a

23 Aug 2026 9:44 am
Powerball numbers for August 22 revealed - Did someone win the $68 million jackpot on Saturday night?

Powerball Jackpot numbers for August 22: The $68 million figure represents the annuity value, which would be distributed through 30 annual payments. A jackpot winner could instead select the estimated $29.2 million cash option and receive the prize as a one-time payment. Both figures are listed before federal and any applicable state taxes. The odds of hitting the Powerball jackpot remain extremely long, at approximately 1 in 292.2 million.

23 Aug 2026 9:32 am
Pluto OTT release date and platform details: When and where to watch Neeraj Madhav, Althaf Salim's Malayalam sci-fi comedy

Malayalam sci-fi comedy Pluto will debut digitally next week. The film, released theatrically on July 30, 2026, received mixed responses. It tells the story of an ordinary man and his unusual friendship with a stranded alien. The movie brings comedy, emotions, and science fiction elements for viewers. Read on to know where to watch the movie online.

23 Aug 2026 9:22 am
How will Sensex, Nifty behave on Monday? 4 factors to drive D-Street action this week

This week's Dalal Street movements are set to be heavily influenced by the ongoing tensions between Iran and the US, alongside fluctuations in global oil prices. Rising bond yields are causing investors to adopt a cautious stance as they navigate market trends. Key economic data from the US and statements from the Federal Reserve will also play a significant role in trading decisions.

23 Aug 2026 9:17 am