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The Economic Times

Economy / The Economic Times

Godavari flood intensity to increase; second warning level likely at Dowleswaram on Saturday: APSDMA

The Godavari river flood intensity is expected to increase steadily due to heavy upstream rainfall. Water levels at Bhadrachalam and Kunavaram are rising, with inflow and outflow at Dowleswaram Barrage exceeding 5.3 lakh cusecs. Authorities have alerted district administrations and kept disaster response teams ready for emergencies. People in low-lying areas and lanka villages should relocate to safer locations and rehabilitation centers.

1 Aug 2026 10:56 am
Tanvi Sharma enters Taipei Open final

Young Indian shuttler Tanvi Sharma advanced to the Taipei Open final. She secured a straight-game victory over Chinese Taipei's Huang Yu-Hsun. The 17-year-old from Punjab won the semifinal match decisively. Tanvi Sharma has achieved a rapid rise in badminton over recent years. She will compete for the title against another Indian or Vietnamese player.

1 Aug 2026 10:51 am
RBI's FCNR, forex schemes draw $40.81 billion in inflows so far

Significant capital inflows have been recorded, thanks to the proactive measures taken by India's central bank. The Reserve Bank of India facilitated a total of $40.81 billion in foreign exchange influx, of which $36.7 billion derived from Foreign Currency Non-Resident deposits. Support also came through swap facilities for External Commercial Borrowings and Overseas Foreign Currency Borrowings, showcasing the sound financial strategies in place.

1 Aug 2026 10:50 am
This Himalayan treasure helped over 200 families earn lakhs while protecting 100 sq km of forest

A wild Himalayan spice known as Khagi is transforming lives in Arunachal Pradesh. Indigenous communities are using the native spice to generate sustainable income while protecting forests and biodiversity. The community-led initiative has benefited more than 200 families and generated around Rs 39 lakh in revenue. It has also created a valuable additional source of income for rural households, demonstrating how conservation and sustainable livelihoods can go hand in hand.

1 Aug 2026 10:37 am
Indian companies are about to raise prices, putting RBI's inflation outlook to test

Indian companies are preparing for price increases on various products soon as commodity costs rise due to ongoing global conflicts. Consumers can expect higher prices for everyday items ranging from toothpaste to tires. Demand is expected to remain stable during the upcoming festival season. Policymakers are closely monitoring inflation pressures and their impact.

1 Aug 2026 10:34 am
India's envoy Vinay Mohan Kwatra meets US official Allison Hooker, discusses advancing bilateral ties

India's ambassador to the US, Vinay Mohan Kwatra, met Allison Hooker. They discussed advancing the India-US bilateral partnership. The productive discussion occurred on Friday morning. Both officials exchanged perspectives on regional developments. This meeting aimed to strengthen existing ties.

1 Aug 2026 10:29 am
Pakistan minister says governance has collapsed; warns united cockroaches can turn everything upside down

Pakistan's interior minister declared the nation's governance system has collapsed. He called for sweeping constitutional reforms and new administrative units to address crises. Young Pakistanis seek merit-based jobs and equal opportunities, not financial assistance. A united Generation Z could significantly disrupt the existing political landscape. Business leaders must actively engage in politics and address mounting national debt.

1 Aug 2026 10:27 am
A 21-year-old woman took all 5 anti-rabies injections after a dog bite. Still she died. Ex-army doctor explains what went wrong

A 21-year-old woman died of rabies despite taking all five anti-rabies vaccine doses and rabies immunoglobulin after a dog bite. An ex-Army doctor explains why rabies treatment can sometimes fail and the critical mistakes people must avoid.

1 Aug 2026 10:02 am
Aditya Chopra is the 'best brother-in-law', says Jyoti Mukerji. Ikka actress reveals why she never worked with his banner despite being Rani Mukerji's sister-in-law

Jyoti Mukerji says working with Sunny Deol and Akshaye Khanna has been a valuable learning experience. The actor recently revealed why she chose not to rely on family connections to build her career. She praised Aditya Chopra for keeping the family united and opened up about her close bond with Rani Mukerji. Jyoti was recently seen in Ikka. Read on!

1 Aug 2026 8:59 am
Friendship Day 2026 Date: When and how to celebrate in India

Friendship Day 2026 falls on Sunday, August 2, following India's established tradition. The United Nations officially recognizes July 30 as International Day of Friendship. Bollywood's Kuch Kuch Hota Hai popularized the August date for exchanging friendship bands. Modern celebrations involve digital messages and personal gifts among friends. Both dates are valid, with India preferring its own August observance.

1 Aug 2026 8:53 am
India to get 11 new flying schools to tackle India's 30000+ pilot shortage

Airports Authority of India awarded eleven new flying training slots with an aim to boost domestic pilot training capacity. The expansion will help meet the projected demand for over thirty thousand pilots. New facilities will add hundreds of training aircraft and simulators. This initiative will reduce foreign training dependence and retain expenditure within India.

1 Aug 2026 8:52 am
Peruvian ex-President Ollanta Humala released from prison after court overturns his 15-year money-laundering conviction

Ollanta Humala, the former President of Peru, has been released from prison following the annulment of his money-laundering conviction by the Constitutional Court. The decision was based on legal arguments that questioned the legitimacy of his sentence for allegedly accepting illegal campaign funds from Odebrecht. His wife, Nadine Heredia, who faced similar charges, is currently residing in Brazil.

1 Aug 2026 8:45 am
Woman killed in Idukki landslide as heavy rain triggers floods across central Kerala

A woman died in Idukki after a landslide destroyed her home on Saturday as heavy rains caused floods and fresh landslides across central Kerala. Several people are feared trapped under debris in Kottayam district. Rescue operations are underway in affected areas of both districts. Authorities have issued alerts for continued heavy rainfall.

1 Aug 2026 8:41 am
LPG price today: Check gas cylinder rates in Delhi, Kolkata, Mumbai, Chennai, Bengaluru and other cities

LPG cylinder prices today: Commercial LPG cylinder prices have been reduced by up to Rs 209 from August 1. This price adjustment offers relief to restaurants and hotels dependent on this fuel. Domestic cooking gas prices, however, remain unchanged for households across the nation. The reduction applies only to the 19-kg commercial LPG cylinders. This revision follows a high-level meeting reviewing regional preparedness.

1 Aug 2026 8:34 am
Assam launches its first GPU cluster to power government-owned AI infrastructure

Assam has launched its first government-owned GPU cluster for AI. This secure infrastructure will power the next generation of public services. The state aims to become an AI-first region, enhancing governance capabilities. Office files and notifications will now be accessible through an AI assistant. This initiative marks a significant first step in Assam's technological advancement.

1 Aug 2026 8:16 am
'Dhurandhar' Zubair Baloch's brother critical after being shot by motorcycle-borne gunmen in Karachi's Lyari

Zubair Baloch, brother of jailed gang leader Uzair Baloch, was critically injured in Karachi. Unidentified gunmen opened fire on him outside his home, hitting him in the chest and stomach. The attack has revived old gang rivalries and violence in the Lyari area. Zubair had recently been released from jail after facing several criminal cases. His brother Uzair remains imprisoned for espionage charges.

1 Aug 2026 8:14 am
Singapore student told her mother she was going to college. She actually flew to Cambodia to meet an online gaming friend

Singaporean student Siti Aishah Siregar was found safe by Cambodian police after vanishing from her family. She arrived in Cambodia and met an online gaming friend at the airport. Aishah explained she left home due to strict parental control and a desire for independence. Emails revealed she transferred money to an unknown person before her disappearance. The investigation continues into the money transfer and the nature of the online friendship.

1 Aug 2026 7:53 am
China conducts naval, air patrols around disputed shoal in South China Sea

China's military conducted joint air and naval drills near Scarborough Shoal. These exercises were described as a necessary response to regional instability. The drills aimed to test combat readiness and territorial defense capabilities. China claims the shoal as Huangyan Dao, while the Philippines calls it Bajo de Masinloc. The People's Liberation Army Southern Theater Command announced the drills on Saturday.

1 Aug 2026 7:52 am
Pyaar Prema Kalyanam OTT release date and platform details: When and where to watch Saanvee Meghana, Radhika Sarathkumar's Tamil romantic comedy movie

Filmmaker Elan debuts as an actor in the romantic comedy Pyaar Prema Kalyanam. The film explores a modern twist on marriage and family traditions. It follows a social media influencer who refuses to leave her family home after marriage. Read on to know when and where to watch this movie on OTT.

1 Aug 2026 7:41 am
LPG price cut today: Commercial cylinders cheaper by over Rs 200 in Delhi & Kolkata; domestic rates remain unchanged

LPG Price August 2026: From August 1, the prices of 19-kg commercial LPG cylinders have been reduced by up to Rs 209, bringing relief to restaurants, hotels and other businesses that rely on the fuel. The latest revision marks the second consecutive monthly cut in commercial LPG prices and comes amid ongoing tensions in West Asia and concerns over global LPG supplies.

1 Aug 2026 7:27 am
Trump admin pushes tougher English rules for Mexican train crews crossing into US

The Trump administration's latest initiative focuses on improving policies for Mexican train crews by mandating that they grasp key safety information in English. Alongside this, stricter licensing standards for train operators will be introduced. Rail unions have expressed support for these measures, highlighting their importance for both safety and job security, as the government seeks to bolster safety at the border.

1 Aug 2026 7:03 am
'Safe transit service': Yemen's Houthis have no plans to impose fees on ships sailing through Red Sea

Yemen's Houthi-run maritime body denied plans to impose fees on ships. Passage through the Bab el-Mandeb strait remains free, they stated. This follows a report citing regional sources about potential fees. The Houthi center confirmed its safe transit service is voluntary and cost-free. Shipping companies are urged not to pay unauthorized individuals or entities.

1 Aug 2026 6:49 am
Spider-Man Brand New Day box office collection: Tom Holland, Zendaya's movie hits Rs 100 crore mark on day 2 in India. Beats Avengers: Endgame

Spider-Man: Brand New Day achieved a historic opening day in India. The film crossed Rs 100 crore mark within its first two days. It surpassed previous records set by Avengers: Endgame and Avatar. This release marks a significant milestone for Hollywood films in India. Read on to know how much it earned on day 2.

1 Aug 2026 6:46 am
'Kind of madness': Iran vows to target US, Israeli energy assets if attacked as Trump weighs fresh strikes

Iran has warned of retaliatory strikes on Israeli and US energy assets. This warning follows reports of potential military operations coordinated by Washington and Tel Aviv. President Trump has reportedly ordered preparations for renewed strikes on Iranian targets. The United States indicated substantial military measures would be taken unless Iran re-entered negotiations. This escalating rhetoric raises concerns about a wider regional conflict impacting vital energy supplies.

1 Aug 2026 6:40 am
India, Lesotho review bilateral relations, advance key MoUs and pledge stronger collaboration across multiple sectors

India and Lesotho convened for their sixth Joint Bilateral Commission meeting, focusing on strengthening their bilateral ties. They explored avenues for development partnerships and capacity building initiatives that benefit both countries. Their commitment to fostering sustainable development through South-South cooperation was reinstated. A future meeting is scheduled to take place in Maseru, ensuring continued collaboration and dialogue.

1 Aug 2026 6:34 am
FIFA scraps World Cup sell-off plan after resistance from members

FIFA has scrapped its plans to sell off a share of the World Cup after facing heavy opposition from various quarters. UEFA expressed strong disapproval, warning of boycotts and alleging that FIFA was compromising the integrity of football. President Infantino acknowledged that the initiative caused rifts within the organization, leading to resignations among advisors and dissatisfaction among staff.

1 Aug 2026 6:24 am
Tata Electronics, ASML explore making chip equipment components in India

Tata Electronics and ASML are exploring manufacturing advanced chipmaking components in India. This collaboration aims to boost localization within India's semiconductor ecosystem. Discussions are in early stages, following a recent memorandum of understanding. The focus includes precision mechanicals and electronic modules for lithography machines. This move signals India's growing role in the global semiconductor supply chain.

1 Aug 2026 5:30 am
Shower gels, liquid cleaners gain ground as Indians ditch bars and powders

Indian households are increasingly adopting liquid personal and home care products. Consumer goods companies are investing heavily to capitalize on this growing market trend. Liquid formats offer convenience and are seeing rapid volume growth across categories. Rural India is also experiencing a faster adoption rate for these liquid products. Online channels and quick commerce are further accelerating the shift towards premium liquid formats.

1 Aug 2026 5:30 am
Climate change could erase thousands of jobs in India's cities by 2050: World Bank

Indian cities face significant job losses due to extreme heat by 2050. Extreme heat already costs South Asia millions of jobs annually. Rising temperatures pose a major threat to regional economic growth. However, India's sustainable cooling market presents a significant investment opportunity. Heat early warning systems offer substantial benefits for every dollar invested.

1 Aug 2026 5:30 am
Quote of the day by Plato: 'The right question is usually...' Life lessons from motivational quote on critical thinking, inquiry, true understanding, intellectual humility and deep curiosity

Quote of the day by Plato says, The right question is usually more important than the right answer. The idea focuses on critical thinking, curiosity, inquiry and true understanding. It teaches people to question assumptions, avoid quick conclusions and frame problems with care. Platos philosophy connects this approach with intellectual humility, learning and the search for knowledge beyond simple factual recall.

1 Aug 2026 3:07 am
Psychology says people who never apologize even if they are at fault aren't necessarily rude or careless: What this behavior reveals?

Psychology says people who are never apologize even if they are at fault aren't always simply rude or careless. Their behaviour can be linked to defensiveness, fear of blame, self-image, difficulty accepting responsibility, or a different view of what happened. Research on apologies shows that admitting wrongdoing can affect relationships, responsibility, trust and conflict. Understanding these reasons can help explain why some people avoid saying sorry.

1 Aug 2026 2:37 am
Proverb of the day, 'Correction does much, but encouragement does more' - influential German polymath Johann Wolfgang von Goethe's iconic quote offers timeless life lesson on positive guidance for students, employees and why Honest feedback is essential for learning and progress

Proverb of the day by Johann Wolfgang von Goethe offers timeless message remains relevant because every generation faces the same fundamental challenge: how to help people become better without making them feel incapable. Correction can identify the path forward, but encouragement can give someone the strength to walk it. When honesty is combined with compassion, feedback becomes more than criticismit becomes an opportunity for growth.

1 Aug 2026 2:02 am
Chandrashekhar Azad-led Azad Samaj Party (Kanshi Ram) unveils UP poll list with 45 candidates

Chandrashekhar Azad's party revealed its first 45 candidates for the upcoming Uttar Pradesh elections. The candidate list reflects the party's outreach to Bahujan communities and minorities. Eighteen Scheduled Caste and sixteen Other Backward Class candidates were announced. Ten Muslim and one Sikh candidate were also included in the list. Most of these candidates are from western Uttar Pradesh.

1 Aug 2026 2:00 am
SIR 3.0 draft rolls: Over 1 crore names deleted in 10 states/UTs

More than 1.12 crore names have been deleted from electoral rolls across ten states and Union Territories. Andhra Pradesh and Haryana reported significant deletions, with over 45 lakh and 33.8 lakh names removed respectively. Many more deletions are expected as Karnataka and Telangana publish their draft rolls soon. The Special Intensive Revision exercise covers over 36 crore electors across nineteen states and Union Territories.

1 Aug 2026 1:56 am
SC questions invocation of UAPA in Haldwani violence case, refuses to interfere with Abdul Malik's bail

The Supreme Court rejected the Uttarakhand government's plea against bail for Abdul Malik. The court expressed serious reservations about using the UAPA in this case. Malik is accused in the February 2024 Haldwani violence incident. The High Court had granted bail, noting his absence from the scene. The Supreme Court upheld the bail, prioritizing personal liberty.

1 Aug 2026 1:53 am
In 1869, an American inventor and businessman at the age of 21 created a revolutionary machine to record votes long before anyone can imagine it: How did Thomas Edison's first invention worked?

In 1869, an American inventor and businessman created a revolutionary machine to record votes through an electrical system. Thomas Edison received his first patent for the device on June 1, 1869. The vote recorder allowed legislators to cast yes or no votes using switches. Congress did not accept it because faster voting could reduce debate and political discussion.

1 Aug 2026 1:52 am
IB Officer's Murder: Life term for former AAP councillor Tahir Hussain, four others

A court sentenced former AAP councillor Tahir Hussain to life imprisonment. He and four others were convicted for the murder of Ankit Sharma. The judge cited the crime's brutality but found convicts reformable. The prosecution had sought the death penalty for the five men. The court ruled the case did not meet the 'rarest of rare' criteria.

1 Aug 2026 1:49 am
NHAI identifies 54 projects worth Rs 1.8 lakh cr to be awarded in 2026-27

The National Highways Authority of India will award 54 projects in 2026-27. These projects will span 2,442 kilometers and cost 1,80,017 crore. This is a reduction from the 124 projects planned for 2025-26. Uttar Pradesh leads with seven projects, followed by other states. Several states including Telangana, Madhya Pradesh, and Maharashtra will receive six projects each.

1 Aug 2026 1:44 am
Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1

The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax collections, analysts noted. Revenue expenditure rose over 7% year-on-year, driven by increased April spending. Capital expenditure remained strong, increasing 24% year-on-year during the quarter. This data suggests the government will likely meet its fiscal deficit target.

1 Aug 2026 1:37 am
Floating solar projects to be fired up by Rs 5,000 cr scheme

The Cabinet has approved the Pradhan Mantri Surya Sarovar Yojana with a significant outlay. This scheme aims to develop 5,000 MW of floating solar projects with energy storage. Projects will be sanctioned from FY27 to FY31, with financial support extending to FY33. It will utilize existing water bodies, eliminating land competition and strengthening grid reliability. Central aid of 1 crore per MW will be provided for eligible projects after commissioning.

1 Aug 2026 1:34 am
PM-KISAN scheme gets 5-year extension and Rs 3.1 lakh crore

The Union Cabinet approved a five-year extension for the PM-KISAN scheme. This extension will continue direct cash transfers to eligible farmer families through FY31. The government committed 3.15 lakh crore for this significant initiative. This financial support aims to boost agricultural productivity and rural economic growth. The scheme has already disbursed over 4.47 lakh crore since its launch.

1 Aug 2026 1:30 am
A deep dive with Rs 84,084 crore scheme for offshore oil and gas exploration

The Cabinet approved an 84,084-crore scheme for offshore oil and gas exploration. This National Offshore Exploration Scheme, Samudra Manthan, will run until 2030-31. It aims to boost domestic oil and gas production and reserve accretion. The government will fund half the cost of deepwater exploratory drilling. This initiative seeks to de-risk exploration for companies and increase production.

1 Aug 2026 1:27 am
Quote of the day by Friedrich Nietzsche: 'To predict the behavior of ordinary people in advance, you only have to assume that...' How a simple pattern recognition can help predict human behaviour explained by 19th-century philosopher

Quote of the day by Friedrich Nietzsche: Friedrich Nietzsche's thought-provoking quote explores why many people instinctively choose the easiest way out instead of engaging in difficult thinking. Rooted in his ideas on conformity and independent thought, the quote offers timeless insights into human behaviour, the dangers of intellectual complacency, and why critical thinking matters more than ever in today's fast-paced world.

1 Aug 2026 1:20 am