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The Economic Times

Economy / The Economic Times

Quote of the Day by Robert Pattinson: I'm not one of these guys who's constantly. a simple and honest message about independence, personal space, and not rushing into relationships.

Todays Quote of the Day highlights Robert Pattinsons view on relationships and independence. The actor shares that he does not like being in relationships all the time. His words focus on personal space, staying single, and making thoughtful choices. The quote also reflects his private personality and calm approach to life, offering a simple message about valuing independence and self-focus.

25 Mar 2026 1:43 am
AIADMK poll manifesto promises, fridges, LPG, free travel

Party General Secretary Edappadi K Palaniswami released the document at the party headquarters in Chennai, highlighting economic relief and social welfare as central themes of the campaign. The move comes a day after it announced the seat-sharing formula with its NDA partners where the AIADMK will contest 178 seats and the BJP will fight in 27 constituencies.

25 Mar 2026 1:36 am
2.2 million in Gulf, war may dent Kerala voter turnout

Thousands of Malayalees return home from the UAE, Saudi Arabia, Kuwait and other Gulf states during election seasons to exercise their franchise. Expatriate groups even arrange chartered flights for their members to travel. This year this crowd would have been bigger, with Easter and the temple festival season also coinciding with the poll period.

25 Mar 2026 1:31 am
iOS 26.4 update: Apple rolls out new emoji, Apple Music features and key iPhone improvements

Apple's latest iOS 26.4 update brings 13 enhancements, including 8 new emoji like an orca and trombone. Key features are Playlist Playground and Concerts in Apple Music, improved keyboard accuracy, and accessibility options. Future updates, iOS 26.5 and iOS 27, are anticipated to integrate AI features, potentially leveraging Google's Gemini models.

25 Mar 2026 1:30 am
Court grants bail to CoinDCX founders in Rs 71 lakh fraud case

CoinDCX promoters Sumit Gupta and Neeraj Khandelwal, arrested in a 71.6 lakh fraud case, were granted bail by a Thane court. The duo was accused of cheating an insurance advisor with false cryptocurrency investment and franchise promises. Their defense argued mistaken identity, claiming unidentified individuals impersonated the founders.

25 Mar 2026 1:25 am
Bank deposits yet to fully reflect repo rate cuts

Banks are struggling to attract deposits as policy rate cuts are slowly reflected in deposit rates. Savers are moving funds to other investments. This situation pressures bank profits. State-run banks are better positioned than private ones. Deposit growth has slowed significantly. Banks are competing for funds, keeping costs high.

25 Mar 2026 1:14 am
Drop extra VAT on regasified LNG: Industry

Industries outside Gujarat face higher taxes on regasified liquefied natural gas. The renewable energy sector urges the government to remove this additional value-added tax. Supply disruptions are forcing companies to rely on this gas. This tax burden impacts operational viability and production continuity.

25 Mar 2026 1:11 am
RBI takes stock, asks banks to detail West Asia exposure

The Reserve Bank of India is assessing bank exposure to West Asia. This move follows the Iran war's impact on global bonds and energy supply chains. Banks are asked for details on direct and indirect exposures. This includes companies with regional subsidiaries and retail banking through NRIs. The RBI aims to plan potential relief measures if the situation prolongs.

25 Mar 2026 1:08 am
Finance Ministry nod sought to extend subsidies for two- and three-wheelers

The Ministry of Heavy Industries is seeking approval to continue subsidies for electric two- and three-wheelers. These subsidies are currently set to end on March 31, 2026. The PM E-DRIVE scheme has already seen significant spending on these vehicles. Extending the subsidies will support the ongoing adoption of electric mobility in India.

25 Mar 2026 12:59 am
Rising costs of key chemicals choke production at drug ingredient makers

India's bulk-drug manufacturers are facing a severe cost crisis as prices of key solvents and intermediates have surged due to supply disruptions linked to the West Asia conflict. This has led to production halts for several units, with paracetamol API prices more than doubling, impacting the entire pharmaceutical value chain.

25 Mar 2026 12:52 am
Who was Charlie Kirk's mentor Jeff Webb? 'Visionary' cheerleading pioneer dies in accident, Turning Point USA reacts

Jeff Webb founded the Universal Cheerleaders Association (UCA) in 1974 with the mission of changing the narrative around cheerleading.

25 Mar 2026 12:52 am
HDFC Bank hires three law firms to review chairman's abrupt exit

HDFC Bank has engaged domestic and international law firms to investigate the reasons behind former chairman Atanu Chakraborty's sudden departure. The review will scrutinize board meeting records and whistle-blower complaints. This proactive step aims for an objective assessment of the issues raised. The bank is committed to upholding high governance standards.

25 Mar 2026 12:50 am
'Historic opportunity' Saudi prince wants war to go on

In a series of conversations over the last week, Crown Prince Mohammed has conveyed to Trump that he must press towards the destruction of Iran's hard-line government, the people familiar with the conversations said. The crown prince, the people familiar with the discussions said, has argued that Iran poses a long-term threat to the Persian Gulf that can only be eliminated by getting rid of the government.

25 Mar 2026 12:49 am
Trai tightens reporting norms

Telecom operators face tougher penalties for late tariff reports and data submissions. Trai has introduced new rules with graded fines and interest on overdue payments. Companies like Reliance Jio, Bharti Airtel, and Vodafone Idea must now report changes within seven days. Delays will incur daily charges, increasing over time.

25 Mar 2026 12:49 am
Estee Lauder in talks to acquire Puig to create beauty giant

Estee Lauder is reportedly in talks to acquire Spanish beauty and fashion house Puig Brands, a move that could create a cosmetics powerhouse with approximately $20 billion in annual sales. This potential deal would bolster Estee Lauder's portfolio with popular fragrance and fashion brands, enhancing its competitive standing against L'Oreal.

25 Mar 2026 12:43 am
Nayara's 35-day halt may shave 8% off India refining capacity amid Iran war

Nayara Energy will shut its Vadinar refinery for 35 days from early April. This will take 8% of India's refining capacity offline. The shutdown could tighten domestic fuel supply. This comes amid import constraints for crude, natural gas, and LPG. Nayara has adequate buffer and product reserves. Other refiners usually adjust to maintain supplies.

25 Mar 2026 12:40 am
Crypto stocks plunge today: Why Coinbase (COIN) and Circle (CRCL) stocks are down amid stablecoin regulation shake-up

Coinbase (COIN) and Circle (CRCL) stock today: Coinbase and Circle face regulatory pressure as Washington considers new stablecoin legislation. Proposed restrictions on yield and reward programs could significantly impact revenue for both companies, particularly Coinbase's subscription services and Circle's profitability tied to USDC interest.

25 Mar 2026 12:39 am
Stellantis is stronger after year of reckoning, says John Elkann

Stellantis is now prioritizing product enhancements after a period of cost reductions. The automaker is improving quality and expanding hybrid options. It is also rebuilding relationships with its dealers. These changes are already showing positive results. Stellantis is working towards a business recovery following significant charges linked to electric vehicle strategies.

25 Mar 2026 12:39 am
Future(s) was bright just before Trump's 5-day 'pause war' post

Contracts corresponding to at least 6 million barrels of Brent and West Texas Intermediate were sold in the two minutes from 6:49 a.m. in New York on Monday, according to exchange data. The average for the same time period over the previous five trading days was about 700 lots-or 700,000 barrels. Trump's Truth Social post was published at around 7:05 a.m.

25 Mar 2026 12:38 am
Iran has agreed to 'never have nuclear weapon,' claims Trump

President Donald Trump announced Iran has agreed to never develop nuclear weapons. He confirmed ongoing negotiations between Washington and Tehran to end hostilities. Trump expressed optimism about reaching a deal, stating Iran is eager for an agreement. Pakistan has offered to host talks. The US President highlighted the strategic importance of the Strait of Hormuz.

25 Mar 2026 12:38 am
Quote of the Day by Jennifer Lawrence: If you have the opportunity to help, then you have the responsibility to do it a simple and powerful message on kindness, responsibility, and doing the right thing in everyday life

Quote of the Day features Jennifer Lawrence and her message about helping others. The quote explains that doing the right thing is important even without rewards. It highlights kindness, responsibility, and simple life values. The article also shares her career success, awards, and personal life. Readers get motivation, meaning of the quote, and quick facts about the actress today here.

25 Mar 2026 12:36 am
ONGC floats $20 billion global tender for deepwater rigs

Oil and Natural Gas Corporation plans a massive oil exploration program. The company will spend between $18 to $20 billion to hire deep-water drilling rigs. This initiative aims to boost India's energy security. ONGC is seeking a mix of drill ships and semi-submersible rigs for up to five years. The company is accelerating its deep-water activities.

25 Mar 2026 12:33 am
Private sector growth hits 3.5-year low in March

India's private sector growth slowed to its weakest pace in over three years in March, impacted by the West Asia conflict dampening demand and output. While international sales reached a record high, rising input costs, including oil and energy, intensified inflationary pressures.

25 Mar 2026 12:28 am
IMA seeks specialist-only prescriptions amid misuse risks and cheap generics of GLP-1 weight-loss drugs

The Indian Medical Association is seeking government intervention to regulate GLP-1 weight-loss drugs. Concerns are rising over their misuse by various practitioners for cosmetic weight loss. The IMA advocates for restricting prescriptions to specialists to ensure patient safety. This move comes as cheaper generic versions are expected to enter the market, potentially widening access and risks.

25 Mar 2026 12:27 am
Identify, report how many special courts needed to complete UAPA trials in one year: SC to states, UTs

The Supreme Court has ordered all state governments and Union Territories to identify the number of exclusive courts needed for UAPA cases. These courts must ensure trials are conducted daily and completed within one year. The court also directed governments to appoint special public prosecutors and ensure adequate court staff.

25 Mar 2026 12:26 am
War or peace? Mixed signals from West Asia

After Trump's Truth Social comment on Monday, Iran said no talks had yet been held. Its embassy in South Africa posted an image on X showing a child's pink steering wheel placed on a car dashboard in front of the passenger seat, apparently mocking Trump's idea, aired to reporters, that he could control the Strait of Hormuz waterway alongside Iran's supreme leader.

25 Mar 2026 12:24 am
India can mobilise 8 lakh crore annually for roads, but spending lags: Transport minister Nitin Gadkari

India can raise 8 lakh crore annually for highway development, but spending pace is a concern, stated Nitin Gadkari. The government aims to raise 5 lakh crore from markets, supplemented by budgetary allocations. Toll collection is projected to surge to 3.5-4 lakh crore soon, with a shift to a barrier-free, AI-powered toll system by 2026 end.

25 Mar 2026 12:20 am
Centre steps up oversight on GLP-1 drugs amid concerns over 'improper' practices

India's drug regulator is increasing oversight of GLP-1 weight loss drugs. Inspections across 49 entities revealed violations like unauthorized sales and improper prescriptions. Strict actions, including license cancellation, will be taken against non-compliant firms. An advisory also prohibits misleading advertisements. These medications should only be used under qualified medical guidance.

25 Mar 2026 12:16 am
National Highway projects face cost overruns, delays as West Asia war disrupts supplies

India's National Highway projects are experiencing 5-8% cost increases and delays due to the West Asia war impacting input costs and supply chains. Key materials like bitumen, steel, and cement have seen significant price hikes, leading to project overruns. Companies are employing strategic sourcing and contractual clauses to manage these challenges.

25 Mar 2026 12:07 am
Flight tickets set to get costlier this summer as fuel prices rise, airlines warn of fare hikes

Holidaymakers face significantly higher travel costs this summer as fuel surcharges and escalating operating expenses push up airfares. Domestic flights have seen a 5-10% increase, while short-haul international routes are experiencing a steeper rise of 20-30%. This surge is impacting overall holiday package prices, leading travelers to book closer to departure and opt for flexible itineraries.

25 Mar 2026 12:07 am
Football World Cup 2026 playoffs: 16 teams battle for Europes final 4 spots

Four European teams will secure their 2026 World Cup spots this week. Sixteen nations are vying for these final four places. Italy faces Northern Ireland in Path A. Ukraine meets Sweden in Path B. Kosovo plays Slovakia in Path C. The Republic of Ireland takes on the Czech Republic in Path D.

25 Mar 2026 12:04 am
Quote of the day by Charlie Munger: 'The first rule is that you can't really know anything if you just remember...' - lessons on knowledge, latticework of mental models, and smarter decision-making by Poor Charlie's Almanack author and Berkshire Hathaway vice chairman

Quote of the day by Charlie Munger: He emphasized that true knowledge comes from connecting facts within a latticework of theory, not just memorization. This structured understanding allows for clearer thinking and better decision-making. Munger, a key figure at Berkshire Hathaway, advocated for learning with purpose, leading to more applicable and lasting wisdom.

25 Mar 2026 12:03 am
Quote of the Day by Chinese Philosopher Lao Tzu: Silence is a source of great strength.

Silence is a source of great strength Chinese philosopher, Lao Tzus quote conveys that the true power lies in self-control and inner calm rather than loud expression. Silence allows individuals to pause, think clearly, and respond wisely instead of reacting emotionally. Rooted in Taoism, it reflects harmony, patience, and awareness. In todays fast-paced world, this idea feels deeply relatable, as silence helps reduce conflict, improve understanding, and bring mental clarity.

25 Mar 2026 12:01 am
Quote of the Day by Henry Kissinger, The task of the leader is to get his people from where they are to..... A leadership quote by the man who shaped the Cold War outcome and helped make America the worlds sole superpower

Quote of the Day by Henry Kissinger: A leadership quote by Cold War architect Henry Kissinger still drives global strategy debates. His insight defines how America rose as the worlds sole superpower. The quote highlights bold leadership during uncertainty and geopolitical shifts. It reflects power transitions, diplomacy, and strategic dominance. Today, leaders revisit this quote amid rising global tensions. It connects past victories with present challenges. Why does this Cold War wisdom still s

24 Mar 2026 11:54 pm
Nancy Guthrie case twist: Ex-FBI agent slams 'cloak and dagger' tactics in her case

Former FBI agent Jennifer Coffindaffer questions the cloak and dagger approach taken by authorities in the disappearance of Nancy Guthrie. Coffindaffer urges transparency with dates, times, and enhanced imagery to aid the public's assistance in finding the 84-year-old woman, who has been missing for 51 days.

24 Mar 2026 11:53 pm
Quote of the Day by Charles Dickens: There is nothing in the world so irresistibly contagious as laughter and good humor. a simple and powerful message on spreading positivity, happiness, and kindness from A Christmas Carol

Quote of the Day shares a famous line from Charles Dickens in A Christmas Carol. It focuses on laughter, positivity, and spreading happiness. The idea shows how good humor can influence people and improve daily life. This simple inspiration encourages readers to stay cheerful, think positive, and share kindness. The quote reminds everyone that small smiles can make a difference.

24 Mar 2026 11:48 pm
Who is Kal Somani? US-based entrepreneur behind Rajasthan Royals new ownership

IPL 2026: Kal Somani is an Arizona-based tech entrepreneur who has founded IntraEdge

24 Mar 2026 11:45 pm
Private sector capex estimated to fall 16.5 pc to Rs 9.55 lakh cr in FY27: Survey

Private sector capital spending on new assets is projected to fall by 16.5 percent to Rs 9.55 lakh crore in 2026-27. A government survey indicates this trend. Most companies plan investments in core assets or value addition. Internal accruals will remain the main funding source for capital expenditure. Domestic debt also plays a significant role in financing these investments.

24 Mar 2026 11:20 pm
Workday to set up GCC, signs one of the Larger Enterprise Office Commitments in Chennai with Cowrks

Enterprise cloud application company Workday has leased 1.94 lakh sqft in Chennai's Millenia Business Park, marking a significant global capability centre commitment. The lease, structured in two phases with distinct commercial terms, signals a substantial operational hub rather than a satellite office, with potential for future expansion.

24 Mar 2026 11:15 pm
Exports grow at estimated 20 pc CAGR between FY24- 26 due to RoDTEP scheme: Official

Exports under the RoDTEP scheme are projected to grow over 20% CAGR from 2023-24 to 2025-26, despite global economic challenges. The scheme has expanded its reach, with MSME sector support increasing to approximately 75% by 2025-26, offering a crucial buffer against cost pressures.

24 Mar 2026 11:09 pm
Kotak Mahindra Bank to absorb lending subsidiary KMIL from April 1

Kotak Mahindra Bank will merge its wholly owned subsidiary, Kotak Mahindra Investments Limited (KMIL), into its own operations by April 1, 2026. This move aligns with RBI regulations and aims to simplify the group structure and enhance operational synergies. KMIL will cease new loan sanctions from the same date, while continuing to service existing obligations.

24 Mar 2026 11:09 pm
Centre fast-tracks PNG push, anticipating prolonged LPG crunch

The Centre has issued a notification to expedite natural gas infrastructure rollout, aiming to shift LPG consumers to piped natural gas (PNG) due to anticipated prolonged supply constraints. This move seeks to free up LPG for regions without pipeline access, addressing disruptions in the Gulf region and the Strait of Hormuz.

24 Mar 2026 11:04 pm
Quote of the Day by Freddie Mercury: Money may not buy happiness, but it can damn well give it!

Money may not buy happiness, but it can damn well give it! Freddie Mercurys quote , reflects a realistic view of wealth and emotional wellbeing. He suggests that while money cannot create true inner happiness, love, or peace of mind, it can strongly influence the conditions that allow happiness to exist. Financial stability reduces stress, removes survival anxiety, and provides freedom of choice, which can make life more comfortable and emotionally balanced.

24 Mar 2026 11:01 pm