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The Economic Times

Company / The Economic Times

India, US seal interim trade pact framework

India-US trade deal: India's exports of about $44 billion to the US will enter the American market at zero reciprocal tariffs under the first phase of the BTA, which is expected to be signed by mid-March. This will include spices, tea, coffee, copra, coconut oil, certain nuts, banana, guava, mango, bakery goods, and home decor.

7 Feb 2026 11:40 pm
Tariff reset by US lifts India's global trade competitive edge

India and the US have inked an interim trade deal, paving the way for duty-free exports across numerous sectors, including textiles, leather, and aviation. Global aerospace giants Boeing and Airbus are eyeing India as a major foreign Original Equipment Manufacturer base for aircraft components, signaling significant growth potential and excitement for the bilateral partnership.

7 Feb 2026 11:38 pm
Surajkund Mela tragedies: Giant swing snaps mid-air, cop weeks away from retirement dies saving lives; gate collapses injuring more

Panic and chaos gripped the Surajkund Mela after a giant swing snapped mid-air and crashed to the ground, killing an on-duty police inspector who was just weeks away from retirement. The officer lost his life while bravely rescuing people trapped on the ride, turning a festive evening into a scene of horror.

7 Feb 2026 11:22 pm
Chhari Dhand Wetland declared a Ramsar Site

Forest and Environment Minister Arjun Modhwadia presented the Ramsar certificate to Chief Minister Bhupendra Patel in Gandhinagar on Friday.

7 Feb 2026 11:04 pm
Financial Word of the Day Stagflated: meaning, usage, and why it matters in todays economy

Financial Word of the Day: Stagflated describes an economy where inflation stays high while growth slows at the same time. Prices rise, but incomes do not keep up. Consumer demand weakens. Job creation slows. Normally, inflation falls when growth cools, but stagflation breaks that pattern. This traps central banks. Raising rates hurts growth. Cutting rates worsens inflation. Markets fear stagflation because stocks struggle, costs remain high, and uncertainty rises.

7 Feb 2026 11:03 pm
Congress slams US-India trade deal; says 'Namaste Trump' scores over 'Howdy Modi'

The Indian National Congress has voiced strong criticism regarding the India-US joint statement on a trade deal. Party leader Jairam Ramesh stated the agreement is silent on crucial details. He alleged that India might cease importing Russian oil and reduce import duties. This, he claimed, would benefit American farmers at the expense of Indian agricultural producers.

7 Feb 2026 11:00 pm
Sonia Gandhi terms FIR plea 'frivolous, politically motivated'

Sonia Gandhi has opposed a court plea seeking an FIR against her. The plea alleges her name was included in the electoral roll before she became an Indian citizen. Gandhi calls the plea frivolous and politically motivated. The court has taken her response on record. The complainant claims her name was added in 1980 and deleted later.

7 Feb 2026 11:00 pm
KTR alleges 'deliberate exclusion' of Telangana in Union Budget

Telangana's BRS leader K T Rama Rao criticizes the Union Budget. He claims the budget favors states going to polls, neglecting Telangana. Rao points to special mentions for Bihar, Tamil Nadu, and Kerala. He states Telangana, a strong economic player, is deliberately excluded from key initiatives. This selective approach, he argues, undermines federalism and creates regional inequality.

7 Feb 2026 11:00 pm
Supreme Court relief to Tamil Nadu Govt in Vice-Chancellor appointment row

The Supreme Court has backed Tamil Nadu's authority to appoint university vice-chancellors. This decision overturns a Madras High Court order that had halted the state's power. The Supreme Court noted the High Court acted too quickly. The matter now returns to the High Court for a decision within six weeks.

7 Feb 2026 11:00 pm
BJP shifts focus to Telangana, Karnataka civic polls

Following a victory in Maharashtra local polls, the Bharatiya Janata Party is now targeting municipal elections in Telangana and Karnataka. Polling in Telangana is set for February 11. In Karnataka, the Bruhat Bengaluru Mahanagara Palike elections are scheduled for May 2026. The party is mobilizing its workers and setting ambitious targets for these crucial grassroots contests.

7 Feb 2026 11:00 pm
Election-bound states ramp up welfare cash for women

States are boosting cash handouts for women voters as elections approach. West Bengal's Lakshmir Bhandar scheme sees a 500 monthly hike. Kerala earmarks 3,720 crore for its Sthree Suraksha Scheme. Bihar adds 3,000 annually to PM-Kisan for women entrepreneurs. Punjab plans 1,000 monthly for women. These moves signal a trend of pre-poll financial promises.

7 Feb 2026 11:00 pm
India's energy security govt's top priority: MEA

MEA's statement came after the White House claimed that India had committed to stop directly or indirectly importing Russian oil and would instead purchase from the US. The announcement formed part of the context in which additional tariffs imposed on India over its purchase of Russian oil were withdrawn.

7 Feb 2026 10:58 pm
India a trusted partner, UPI rollout in Malaysia soon: PM Modi

Modi Malaysia visit: Addressing a community event in Kuala Lumpur, Modi reiterated that India's economic trajectory and reform push have enhanced its credibility as a reliable partner.

7 Feb 2026 10:55 pm
Manipur CM Yumnam Khemchand Singh chairs state economy review meeting

An official of the Chief Minister's Office said that during the meeting the Chief Minister instructed the concerned authorities to promote alternative crop cultivation along with allied activities in the hill districts.

7 Feb 2026 10:40 pm
BJP gave ''zero'' to Tamil Nadu in Union Budget, people must give back 'zero' to them in polls: CM MK Stalin

Tamil Nadu Chief Minister M.K. Stalin accused the central government of neglecting the state in the recent Union Budget. He urged voters to deliver a 'zero' to the BJP-led NDA in the upcoming April Assembly elections. Stalin highlighted his government's welfare schemes and Tamil Nadu's leading position in national rankings. He also criticized opposition leader Edappadi K.

7 Feb 2026 10:26 pm
Word of the day: Rake

Rake meaning: Today's word is 'rake'. This simple English word holds many meanings. It is a gardening tool for gathering leaves or smoothing soil. Figuratively, it means earning money quickly or revisiting past issues. Historically, a 'rake' was a man of reckless lifestyle. The word has been in English for over a thousand years. Its pronunciation is 'rayk'.

7 Feb 2026 9:41 pm
Employee doesnt want bosss mentorship for career growth, asks for advice some responses are comedy gold

More U.S. employees now face unwanted workplace mentorship as managers push leadership pipelines. Data shows many workers prefer stability over promotion. Long-tenured, private employees feel rising pressure. Career boundaries clash with modern management styles. This story explains why forced mentorship is growing, how it impacts workplace politics, and what it reveals about changing job values today.

7 Feb 2026 9:35 pm
EU, India open talks on deeper research ties through Horizon Europe

India and the European Union have begun discussions regarding India's potential involvement in Horizon Europe. This flagship EU program supports cross-border research and innovation. If associated, Indian researchers could receive direct funding and lead projects. This follows a recent summit where both sides agreed to deepen cooperation across various sectors.

7 Feb 2026 9:31 pm
UFC White House date, fight card: When is Donald Trump-Dana White's big plan happening?

UFC update: Dana White, UFC's chief executive officer, is still working on the event, which is set to take place on the US Flag Day holiday and President Donald Trump's 80th birthday.

7 Feb 2026 9:29 pm
South Korean crypto exchange accidentally sends $40 billion in Bitcoin (BTC), briefly making some users millionaires - heres how Bithumb is compensating

Cryptocurrency trading mistake compensation: A South Korean crypto exchange, Bithumb, mistakenly sent over $40 billion in Bitcoin to users. The error occurred during a routine rewards payout. Bithumb quickly recovered most of the funds and assured customers it was not a hack. The exchange will compensate users and implement new AI verification systems to prevent future incidents.

7 Feb 2026 8:50 pm
Super Bowl 2026: Super Bowl LX is now battleground for OpenAI-Chatgpt and Anthropic to grab 120 million eyeballs. Check how much AI majors are spending

Super Bowl 2026: One 30-second spot expected to air on the NBC television network during Super Bowl LX from Anthropic takes a thinly veiled jab at OpenAI's intentions to introduce ads to its AI-powered chatbot, ChatGPT.

7 Feb 2026 8:26 pm
Partition took place because 'Hindu bhav' was forgotten: RSS chief Mohan Bhagwat

Rashtriya Swayamsevak Sangh chief Mohan Bhagwat said the partition of India happened due to forgetting Hindu sentiment. He emphasized that understanding the Sangh requires dialogue. Bhagwat also noted that while swadeshi is important, global dependence is also needed. He stressed that Hindutva guarantees safety and does not diminish religious practices.

7 Feb 2026 8:22 pm
How much is Snoop Dogg making at the Winter Olympics? NBC salary stuns fans

Snoop Dogg Winter Olympics salary: Snoop Dogg returns as NBC's correspondent and Honorary Coach for the 2026 Winter Olympics in Milano-Cortina. His viral success in Paris, where he reportedly earned over $9 million, has led to his reappearance. His role aims to motivate Team USA athletes and entertain viewers, with his pay drawing significant public attention.

7 Feb 2026 7:56 pm
Pappu Yadav sent to two-day judicial custody, bail plea to be heard on Monday

Independent MP Pappu Yadav has been placed in judicial custody for two days. The court ordered his treatment at Patna Medical College and Hospital. Yadav was arrested on Friday night following a warrant related to a 1995 case. His bail plea will be heard on Monday. His lawyer claims a false case was filed.

7 Feb 2026 7:54 pm
US wines, spirits, dry fruits to enter India at lower or zero duty under trade pact

India-US trade deal: India and the US on Saturday announced that they have reached a framework for the first phase of the bilateral trade agreement under which both sides will reduce import duties on a number of goods to boost two-way trade.

7 Feb 2026 7:49 pm
Trump turns to US military leaders for diplomatic efforts on Iran, Ukraine

President Donald Trump is employing military commanders in key diplomatic roles. Admiral Brad Cooper is participating in talks concerning Iran's nuclear program in Oman. Army Secretary Dan Driscoll is involved in negotiations to end the Russia-Ukraine war. This approach signals a shift in traditional foreign policy, potentially leveraging military expertise and the implicit threat of force to achieve diplomatic objectives.

7 Feb 2026 7:49 pm
Social Security payments February 2026: Who gets paid COLA-boosted Social Security checks this Wednesday, and why some beneficiaries are excluded from the February 11 payment

Social Security payments February 2026: Millions of Americans are watching their Social Security accounts this February. Payments begin February 11 for select retirees and SSDI recipients. Birth dates determine timing. Not everyone qualifies that day. SSI follows different rules. A 2.8% COLA boosts checks in 2026. The full SSA calendar reveals who gets paid, when, and why it matters now.

7 Feb 2026 7:47 pm
BJP-led NDA will form govt in Kerala in 2026: Nitin Nabin

Nitin Nabin, BJP national president, stated the party will win the Kerala Assembly elections. He highlighted central government aid to the state. Nabin criticized previous LDF-UDF governments for hindering growth. He promised development, empowerment of women, youth, and farmers, and a pro-business environment for a 'Vikasita Keralam'.

7 Feb 2026 7:32 pm
META stock price crashed but why? Is there any bigger threat looms for META Platforms Inc?

Equities of data analytics firms continued to come under selling pressure on concerns that they face an existential threat from powerful new AI models.

7 Feb 2026 6:54 pm
Piyush Goyal says, India's exports of USD 44 bn to US to get zero reciprocal tariffs under trade pact

India and the US will sign a trade pact by mid-March. Around USD 44 billion of Indian exports will enter the US duty-free. This agreement will boost trade and benefit Indian industries. It aims to achieve USD 500 billion in bilateral trade by 2030. The pact opens opportunities for MSMEs, farmers, and fishermen.

7 Feb 2026 6:48 pm
India, Russia share good relationship based on trust and mutual respect: Consul General Fetisov

Russia welcomes cooperation with any country, according to Consul General Ivan Fetisov. He highlighted the strong, trust-based relationship between Russia and India. Nuclear energy cooperation, including Small Modular Reactors, presents significant opportunities. Fetisov also mentioned discussions on infrastructure projects with the Chief Minister. Such events foster important dialogue and strengthen bilateral ties.

7 Feb 2026 6:35 pm
RSS not against anyone, does not seek power: Mohan Bhagwat

Speaking at a public gathering here, Bhagwat referred to various streams of thought that emerged during the freedom movement, represented by reformers and leaders including Raja Ram Mohan Roy, Swami Vivekananda and Dayananda Saraswati.

7 Feb 2026 6:34 pm
IRS tax refunds: Five points to know to receive bigger tax refunds

People who are 65 and older are eligible for a tax deduction of up to $6,000 for individuals and $12,000 for married couples, as long as both spouses qualify.

7 Feb 2026 6:33 pm
Getting $2,800 a month in Social Security? Ways to reduce the taxes you owe

Social Security taxes are rising fast, catching retirees with $2,800 monthly benefits off guard. Nearly half already pay federal taxes. Frozen IRS thresholds, IRA withdrawals, and RMDs are driving higher tax exposure. Smart income timing, Roth strategies, and withdrawal planning can sharply reduce taxes. Heres how retirees can legally protect more of their benefits.

7 Feb 2026 6:29 pm
Free chicken wings on Super Bowl Sunday - how to get Applebees, Buffalo Wild Wings & Dennys deals and cheap fast-food meals

Super Bowl Sunday free chicken wings deals: Super Bowl Sunday is approaching. Several popular restaurants are offering deals on chicken wings. Applebees gives free boneless wings with online orders. Buffalo Wild Wings rewards members can earn free wings. Denny's offers a boneless wings party pack. These deals make game-day food more affordable for fans.

7 Feb 2026 6:25 pm
Why Nvidia shares just had their best day since April? Nvidia (NVDA) stock jumped 8.2%, reclaiming a $4.5 trillion market capitalization

Nvidia stock jumped 8.2% to $185.40 as Big Tech confirmed a $650 billion AI spending spree for 2026. Amazon is leading the charge with a $200 billion budget for data centers. This massive capital injection proves the AI infrastructure buildout is accelerating. Investors are buying Nvidia to secure the Blackwell chips powering this growth. High demand and record spending suggest the AI market expansion is just beginning.

7 Feb 2026 5:39 pm
Happy Propose Day 2026 Valentine Week: Top 5 destinations for an unforgettable proposal in India

Happy propose day 2026: Planning a proposal in India? Udaipur's romantic lakes, Goa's serene beaches, Agra's iconic Taj Mahal, Nainital's scenic hills, and Lonavala's lush landscapes offer unforgettable backdrops. These destinations blend natural beauty with magical settings, perfect for creating cherished memories as you pop the question. Discover the ideal spot to make your commitment truly special.

7 Feb 2026 5:38 pm
Over 2,500 cyber fraudsters face action under Delhi Police's 'Operation CyHawk 3.0'

Delhi Police launched a massive crackdown, 'Operation CyHawk 3.0', across multiple states. Over 2,500 individuals faced action in a drive against cyber fraud networks. Cases involving more than Rs 627 crore were linked. The operation targeted mule account operators and facilitators. Significant seizures of digital devices, cash, and precious metals were made.

7 Feb 2026 5:28 pm
Propose Day 2026 Wishes: best 50+ heartfelt messages and quotes to express your love

Happy propose day 2026: Propose Day 2026 offers a special occasion to convey deep feelings. The article provides a collection of heartfelt wishes, messages, and quotes. These expressions aim to celebrate existing bonds and confess new love. They highlight the significance of a loved one in making life brighter and complete. The focus is on cherishing moments and looking forward to a shared future.

7 Feb 2026 5:24 pm
Trust is Indias strongest currency: Modi says in Malaysia as he hails trade pacts

Prime Minister Narendra Modi praised India's growing trade deals with global partners. He stated trust is India's strongest currency. Modi showcased India's rapid economic and infrastructure growth. He also highlighted strong people-to-people ties with Malaysia. India's digital payments platform UPI will soon be operational in Malaysia.

7 Feb 2026 4:32 pm
Vaishnaw: India in close talks with US on electronics, IP

India and the US have finalized an interim trade agreement. This deal focuses on electronics and intellectual property. It aims to boost trade in technology products like GPUs. Data centers are expected to see significant growth. This will create new opportunities for Indian startups and service providers. Investments in this sector are projected to exceed 200 billion dollars.

7 Feb 2026 3:54 pm
India-US interim trade pact framework sends strong signal of confidence to global investors: Industry

India and the US have reached a framework for an interim trade agreement, set to boost bilateral trade by reducing import duties on various goods. This move is seen by India Inc as a strong signal of confidence to global investors, enhancing competitiveness and supply chain resilience.

7 Feb 2026 3:51 pm
Ghaziabad triple suicide: What police say about phones, distress and sisters deaths

Three sisters died by suicide in Ghaziabad. Police investigation reveals their father took away their phones due to obsession with Korean culture. The girls could not play online games or connect with friends. Their father later sold the phones. The forensic team is examining a recovered mobile phone and a suicide note. The case is being investigated from various angles.

7 Feb 2026 3:23 pm