The Economic Times News

Palantir PLTR Secures Three-Year DGSI Renewal: The companys Foundry and AI Platform will support Frances intelligence operations and modernize the Maritime Industrial Base. Analysts maintain Buy ratings, citing decade-long government partnerships and growing demand for AI-driven decision-support software in both defense and commercial sectors.

The unchanged reading in retail sales reported by the Commerce Department's Census Bureau on Tuesday followed a downwardly revised 0.1% gain in September. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, edging up 0.1% after a previously reported 0.2% rise in September.

Indias exports to the US in November rose 22% on-year to $6.98 billion, despite the 50% tariff that Washington levies on imports from India since August. This is faster than the 19.38% growth in Indias total outbound shipments in November and 2.62% in April-November.

Chief Minister Mohan Charan Majhi launched the new policy here at the Odisha Pharma Summit-2025 in the presence of Industries Minister Sampad Chandra Swain and senior government officers.

Many Americans dream of retiring with $1 million, but very few actually reach it. Most people have far less in savings, and factors like income, education, and homeownership affect how much they save. Starting early and saving regularly helps, but $1 million in retirement is still rare. Only a small percentage of Americans achieve this goal.

Nick Reiner, the son of filmmaker Rob Reiner and Michele Reiner, is being held on a criminal charge connected with their deaths as investigators continue analyzing the case. In previous years, Nick openly spoke about a history of addiction, relapse, and erratic behavior during several appearances on the Dopey podcast. He shared stories that involved substance abuse, destructive episodes, theft, and discomfort being raised around fame and wealth.

US Joint Chiefs Chairman Dan Caine was expected to present the plan to Hegseth in coming days, a senior defense official familiar with the discussion told the Washington Post.

US jobs report today sends a fresh warning. Unemployment rose to 4.6% in November, the highest since 2021. Employers added just 64,000 jobs, missing momentum. Manufacturing lost 5,000 roles. Prior months were revised lower. The data strengthens bets the Fed may cut rates again. But is this slowdown just starting?

US Representative Marjorie Taylor Greene is engaged to journalist Brian Glenn, marking a new personal and professional chapter. Glenn will leave his White House correspondent role to join Greene in Georgia as she resigns from Congress on January 5th. The announcement follows a period of political divergence between Greene and former President Trump.

The draft electoral rolls published on Tuesday show the state's electorate shrinking from around 7.66 crore voters to over 7.08 crore, after names were deleted on grounds ranging from death and permanent migration to duplication and non-submission of enumeration forms.

Bitcoin price prediction turns sharply bullish as new ETF data suggests BTC could surge to $140,000 within the next 180 days. Analysts say Bitcoin is holding near its ETF investor cost basis, a level that has triggered three rallies since 2024. Each move delivered over 60% gains, driven by institutional rebalancing, not retail hype.

The new bill must be approved by the lower and upper houses of parliament to become law.

Emily in Paris Season 5 release date, time, schedule and how to watch details are now confirmed. Netflix will release all ten episodes at once on December 18, 2025. The season follows Emily as she moves to Rome, faces work changes, and manages relationships.

Michael Saylors company Strategy has made another very large Bitcoin buy, even as prices fall and investors stay careful. The move has caught market attention and raised questions about long-term confidence in Bitcoin. At the same time, market pressure from interest rates and US policy continues to affect crypto prices.

Britain has begun a review of the BBC's funding. This comes as the broadcaster faces a lawsuit from US President Donald Trump. The BBC is also dealing with competition from streaming services. The government is considering reforms to ensure the BBC's future. This includes exploring new revenue streams and funding for its World Service.

Jaishankar met his Israeli counterpart Gideon Moshe Sa'ar in Jerusalem. Both nations share a zero-tolerance policy towards terrorism. Discussions focused on deepening the strategic partnership between India and Israel. Preparations are underway for Israeli Prime Minister Benjamin Netanyahu's visit to India.

The Enforcement Directorate will file a new charge sheet against Sonia and Rahul Gandhi in the National Herald money laundering case. This follows a court's rejection of a previous charge sheet. The agency is merging a Delhi Police FIR into its existing case. This move aims to strengthen the investigation.

Australian police have confirmed a mass shooting at Sydney's Bondi Beach was a terrorist attack. The incident, which occurred during a Hanukkah celebration, claimed 15 lives. Authorities identified a father and son as the suspects, with the older man killed and his son hospitalized. Evidence, including Islamic State flags, supports the terrorist motive.

The Powerball jackpot increased to $1.15 billion for the Monday, Dec. 15 drawing after no ticket matched all six winning numbers. Although the grand prize went unclaimed, two players in Arizona and California each won $1 million by matching five white balls. The massive jackpot remains to attract nationwide attention as it ranks among the largest in the games history.

Mumbai Indians entered the IPL Auction 2026 with a minimal purse of Rs 2.75 crore after retaining 20 players. They strategically acquired South African wicketkeeper-batter Quinton de Kock for Rs 1 crore, bolstering their squad. The franchise also made significant moves during the trade window, securing Shardul Thakur, Sherfane Rutherford, and Mayank Markande to enhance their already strong lineup.

Adani Group attracted an investment of Rs 47,633.78 crore, while SBI attracted Rs 46,621.76 crore from LIC, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Rajya Sabha.

Geopolitics now dictates business strategy. Indian companies face disruptions from global events. A semiconductor chip shortage halted a major product launch, highlighting a critical gap. Boards need structured geopolitical insight. A Geopolitical Risk Committee is essential for anticipating and managing these evolving challenges. This proactive approach ensures resilience and long-term success in a volatile world.

Rahul Gandhi criticises the new rural employment bill, calling it an insult to Mahatma Gandhi. He alleges the government is weakening and replacing MGNREGA, impacting the poor's livelihood. The Congress party vows to oppose the bill in Parliament and on the streets.

Bitcoin price today: Bitcoin trades near $86,000, down nearly 30% from its $126,000 peak. Weak demand, ETF outflows of about $3.4 billion, and fading risk appetite keep pressure high. A break below $85,000 could trigger a fast liquidity drop toward $80,000, analysts warn.

Crypto investors are facing sharp losses, but experts say panic selling is not the right move. Big banks are slowly allowing small crypto exposure, while advisors warn that prices can swing wildly. Because crypto is risky and speculative, professionals say investors should stay calm, keep investments small, and be ready for ups and downs instead of reacting in fear.

Delhi's Environment Minister has apologised for the city's severe smog. He stated it is impossible to reduce pollution levels in just nine to ten months. The minister blamed the previous government for the current air quality crisis. He assured residents that the current administration is working to improve the situation.

We expect the monetary easing to drive above-trend growth of 7.5%. Fiscal tightening is expected to continue, though it would be much slower at 20 bps, but the revival in credit growth in response to much easier monetary conditions is a significant tailwind, as is regulatory easing e.g., EoDB, revoked QCOs, new labour codes, the report said.

Flu activity is increasing early across the United States as a new influenza A(H3N2) variant, subclade K, spreads during the holiday season. CDC data indicates doctor visits for fever with cough or sore throat have surpassed the epidemic threshold, confirming flu season has started. Several states, particularly in the Northeast, report moderate to very high activity, with hospitalizations rising quickly in New York.

Former President Donald Trump has filed a massive lawsuit against the BBC. He is seeking ten billion US dollars in damages. Trump accuses the British broadcaster of defamation and unfair trade practices. The lawsuit centers on a documentary that allegedly misrepresented his January sixth, two thousand twenty-one speech. The BBC previously apologized for an editing error.

The Congress party is organizing nationwide protests on Wednesday. They are opposing the Centre's new rural employment bill, VB-G RAM G. The party claims this bill is a conspiracy to dismantle MGNREGA. Protests will feature portraits of Mahatma Gandhi. The Congress aims to defend workers' rights and federal responsibility.

Having personally known and admired Nitishji, I was shocked to see him pull down a young Muslim woman's naqaab. Does one attribute it to old age or the normalisation of humiliating Muslims publicly? Mufti said in an X post.

US officials are briefing lawmakers on President Trump's strategy for Venezuela. The administration is focused on drugs, reviving the Monroe Doctrine, and oil interests. They also aim to weaken Cuba's influence and reduce Venezuelan immigration to the US. The strategy involves military force and sanctions to pressure President Maduro's government.

Karnataka Chief Minister Siddaramaiah has declared he will serve a full five-year term. This statement follows earlier comments by his son and addresses ongoing speculation. The Chief Minister made these remarks in the legislative assembly. He emphasised the people's mandate for a complete term.

Chronic low-grade inflammation lurks silently in our bodies, measured by markers like C-reactive protein (CRP) and interleukin-6 (IL-6). Five everyday foodsprocessed meats, refined carbs, seed oils, sugary drinks, and fried foodsare scientifically proven culprits. Here's what they do and how to break free.

Uncapped pacer Aqib Nabi Dar became a star at the IPL 2026 auction. Delhi Capitals secured him for 7 crore after a bidding war. Dar impressed with his pace and wicket-taking ability in domestic tournaments. His performances in the Duleep Trophy and Ranji Trophy caught attention. He also excelled in the Syed Mushtaq Ali Trophy.

Zelenskyy told reporters late Monday that a draft peace plan discussed with the U.S. during talks in Berlin earlier in the day is very workable. He cautioned, however, that some key issues - notably what happens to Ukrainian territory occupied by invading Russian forces - remain unresolved.

Goa Police have taken custody of Saurabh and Gaurav Luthra in Delhi. The brothers were deported from Thailand. They are wanted in connection with a deadly fire at the Birch by Romeo Lane establishment. Thai authorities completed their procedures before deportation. Legal formalities are underway for their court appearance.