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The Economic Times

Economy / The Economic Times

India to divert 350,000 tonnes of sugar exports to local market amid shortage

Indian refiners will divert 350,000 tons of sugar offshore to the domestic market. This move aims to ease a significant supply crunch and tame surging prices. Authorities have cleared the release of these stockpiles to domestic buyers within a week. This intervention will provide near-term relief for consumers during the festival season. Sugar prices have already begun to cool down following government intervention.

26 Aug 2026 3:41 pm
From payasam to Vallam Kali: Anand Mahindra shares his Onam memory from Ooty that taught him a lesson in unity

Anand Mahindra took to X to recall his Onam memories from his boarding-school days in Ooty, where he eagerly awaited the Sadhya and especially payasam. He said Keralas Vallam Kali, with its magnificent snake boats and hundreds of oars moving in one rhythm, is perhaps the festivals most vibrant image. For Mahindra, the spectacle offers a powerful reminder of what people can achieve when they work together.

26 Aug 2026 3:19 pm
Nestle backs stricter food labelling norms, says transparency key for consumers

Nestles global CEO Philipp Navratil has backed FSSAIs tighter food-labelling scrutiny and supported front-of-pack disclosures, saying consumers should know what they eat. He said such rules should be scientifically designed, balanced and based on portion sizes and global best practices.

26 Aug 2026 3:06 pm
Quote of the day by Coco Gauff: Your life is still gonna be your life regardless if you win or lose American tennis player on why you shouldnt let results define you

Coco Gauffs quote, Your life is still gonna be your life regardless if you win or lose, and at that point you play free, offers a powerful lesson on handling pressure. The American tennis star suggests that results should not define your identity or control your mindset. A two-time Grand Slam champion, Gauffs perspective highlights how accepting both victories and defeats can help athletes perform with greater freedom and confidence.

26 Aug 2026 3:05 pm
He did B.Tech in Kerala, worked at Kerala State Electricity Board (KSEB). Then entered the film industry. Now, he has delivered Onam 2026s Malayalam blockbuster. Who is Girish AD?

From engineer to filmmaker, Girish A.D. has made waves in the Malayalam film industry with his engaging narratives. His works like Premalu and Thanneer Mathan Dinangal specifically appeal to a younger demographic. Recently, he released Bethlehem Kudumba Unit, which has seen remarkable success in theatres worldwide. Read on to know more about his journey.

26 Aug 2026 2:59 pm
Indian engineering giant L&Ts order wins signal Middle East revival

Larsen & Toubro reported an impressive acquisition of thirteen new orders since the beginning of July, including seven contracts from the Middle East. This trend is a clear sign of revitalized economic activity in the area. The company heavily relies on its Middle Eastern revenue for overall earnings. With businesses rekindling infrastructure projects, it's anticipated that project awards will continue to increase, supporting further development.

26 Aug 2026 2:58 pm
Convening India's brightest minds: The Bharat Life Sciences Awards Innovation Summit to spotlight life sciences

India sets its sights on becoming a frontrunner in innovation within the life sciences arena. The Bharat Life Sciences Award 2026 aims to honor exceptional scientific achievements while promoting teamwork. With leaders gathering to enhance manufacturing and drug discovery capabilities, discussions will delve into topics like AI-driven discovery and cutting-edge vaccine technologies, ultimately aiming to define the future of India's life sciences landscape.

26 Aug 2026 2:45 pm
IICT, Netflix announce scholarships for 100 students across six creative programmes

The Indian Institute of Creative Technologies and Netflix are offering scholarships to one hundred students. These scholarships provide up to eighty percent financial support for six professional creative programs. This initiative aims to strengthen India's creative talent pipeline and its AVGC sector. The collaboration follows Prime Minister Modi's meeting with Netflix Co-CEO Ted Sarandos. Industry perspectives are now integrated into academic frameworks and curriculum design.

26 Aug 2026 2:37 pm
California boy started sewing at age 4 and has dressed Sharon Stone: Meet Max Alexander, the 8-year-old who broke a Guinness World Record

California-born Max Alexander began sewing at four after asking his mother for a mannequin. By eight, he had created over 100 custom couture gowns, dressed celebrities including Sharon Stone and Debra Messing, and hosted runway shows. In 2024, he became the youngest designer to present at a runway show, later making history as the youngest designer to debut at Paris Fashion Week.

26 Aug 2026 2:25 pm
India job postings rise 1.2% in July

New Delhi: Indias month-on-month job postings rose 1.2% in July, ending three consecutive months of decline in March, April and June, while postings were up 8.3% year on year, according to an Indeed report.The report said while postings have been volatile recently, hiring intensity across India remains elevated, with postings still 84% above pre-pandemic levels.Indian job postings staged a modest recovery in July, ending three consecutive months of decline, Callam Pickering, senior economist, In

26 Aug 2026 2:20 pm
124-year-old Arizona hotel is said to be haunted by an Irish miners ghost. Tourists may hear whispers and laughter in empty rooms. But theres more

The Oatman Hotel in Arizona, established in 1902, invites adventure-seekers with its haunted history and ghostly legends. Once bustling with miners during a gold rush, the hotel has hosted notable figures such as Clark Gable and Carole Lombard. As mining faded and Route 66 bypassed the town, Oatman quieted down. Today, visitors can enjoy a bar and restaurant on the ground floor, while the upper levels showcase a fascinating museum.

26 Aug 2026 2:09 pm
South India region outperforms the north across all auto segments in 1QFY27: Report

South India showed stronger automotive demand across all segments in Q1FY27. Passenger vehicle volumes grew twenty-five percent year-on-year, with southern regions leading. Two-wheeler sales also expanded twenty percent, boosted by GST reductions and electrification. Commercial vehicle segments experienced fourteen to twenty-one percent volume growth. The scooter mix within two-wheelers continued its accelerated structural shift.

26 Aug 2026 2:08 pm
Los Angeles woman wants to go off the map and live on a Malibu farm at 30. At 22, the millionaire started growing watermelons, pomegranates and vegetables. How it all started?

Once upon a time, Kylie Jenner envisioned a peaceful life beyond the glare of the limelight, dreaming of a serene farm in Malibu, complete with chickens and a loving family. Fast forward to today, and she loves sharing her backyard gardening adventures with her fans. Read on!

26 Aug 2026 2:02 pm
Indiabulls Limited signs Rs 3,700 crore development deal for Gurugram residential project

Indiabulls Limited will manage a new residential project on Gurugram's Dwarka Expressway. This development spans over ten acres and has a Gross Development Value of Rs 3,700 crore. The project is slated for launch by mid-October 2026, targeting festive season demand. This agreement enhances Indiabulls' project pipeline and market participation in the region. The company expects this model to be replicated in other major Indian cities.

26 Aug 2026 1:38 pm
At 4, she became the youngest person to publish a bilingual book on human emotions. Now, she holds 2 world records. This Bubaneswar girl is making it safe for children to express their feelings

Anvi Vishesh Agrawal, a 6-year-old from Bhubaneswar, holds two Guinness World Records. She is the youngest female to publish a bilingual book and a TEDx speaker. Her book, Little Girl, Big Emotions, explores feelings and has sold over 1,167 copies quickly. Anvi also uses her paintings to process and navigate her own emotions. She launched the Anvi Happiness Foundation to promote sustainable living and eco-friendly celebrations.

26 Aug 2026 1:20 pm
Raksha Bandhan special: From fighting over the TV remote to late-night secrets and sharing snacks, 7 nostalgic childhood sibling memories youll relate to

Before smartphones, streaming and endless reels, Indian siblings created their own entertainment and memories. From fighting over the TV remote and secretly stealing snacks to sharing rooms, school supplies and late-night conversations, childhood was filled with tiny moments of rivalry and affection. These seven relatable memories capture the chaos of growing up with a sibling, reminding todays generation why those simple experiences remain some of childhoods most nostalgic moments.

26 Aug 2026 1:06 pm
Hyundai goes big on India with 26 new models as it plots 100+ vehicle global offensive

Hyundai is gearing up for an extensive expansion, aiming for over one hundred global vehicle launches and enhancements by 2030. In India, the automaker plans to unveil twenty-six new models along with an increase in production capacity. By diversifying its hybrid and extended-range electric vehicle lineup, Hyundai seeks to position India as its second-largest global hub, responding to a dynamic market landscape.

26 Aug 2026 12:59 pm
Korean manufacturers have stopped testing the Indian market. They are now committing to it.

The shift from testing a market to supplying it changes what an exporter must bring-and Korean small manufacturers are arriving with certification, pricing and local partners already in place.

26 Aug 2026 12:58 pm
You lose freedom, they lose privacy: Gurgaon CEO on how overnight stays can be uncomfortable and why guests and hosts may secretly prefer a hotel

Gurgaon-based CEO Jasveer Singh sparked a discussion on X about the hidden discomfort of overnight stays. He said guests can lose freedom while hosts lose privacy, as both become conscious of routines, comfort and personal space. Singh noted that Indian hospitality often makes hosts insist guests stay over, while guests may accept to avoid seeming rude. Despite genuinely liking each other, both may privately prefer a hotel for greater comfort and independence.

26 Aug 2026 12:33 pm
Post-pandemic trend: Strong divergence in corporate profit vs investment math captures policy attention

Post-Covid, corporate profits have beaten the pace of investment recovery in a major way. Companies are reaping greater returns from their current assets, while new investments are challenged by global uncertainties and rapid technological changes.

26 Aug 2026 12:25 pm
Toxic box office collection: Can Yash, Geetu Mohandas' gangster movie become Indias next biggest opener after Dhurandhar? Expert weighs in | EXCLUSIVE

Yashs much-awaited film Toxic hit theatres today, August 26, amid strong excitement and impressive advance bookings across India. In a conversation with ET, trade expert suggests a big opening, with the Hindi version surprisingly leading the bookings ahead of the original Kannada version. The film is expected to record one of the biggest opening weekends in recent Indian cinema. Read on!

26 Aug 2026 12:23 pm
AI skills beyond coding: How non-tech professionals are joining the AI race

AI is becoming a mainstream workplace skill beyond coding and technical roles. Professionals in marketing, finance, HR, sales and operations are using AI for research, writing, analysis and repetitive tasks. Experts say effective AI adoption requires domain knowledge, responsible use, human judgement and continuous learning, rather than simply mastering prompts or tools.

26 Aug 2026 12:17 pm
Air India, Drukair announce interline partnership to boost India-Bhutan connectivity

Air India and Bhutans Drukair have announced an interline partnership allowing passengers to travel on both airlines under a single ticket. The tie-up will offer through-baggage and easier connections between Bhutan, Air Indias domestic network and international destinations through Delhi, Guwahati and Kolkata.

26 Aug 2026 12:08 pm
Harry and Meghan's media storm shows the power and peril of their brand

Meghan and Harry's return to Britain sparks intense media interest and polarized opinions. Reports of Meghan's potential acting role illustrate their brand's appeal and challenges. The couple previously cited media scrutiny as a reason for leaving royal duties. Their commercial ventures have faced setbacks, impacting their public image. Experts suggest a return to Britain could refresh Meghan's brand with a new narrative.

26 Aug 2026 12:02 pm
India and Seychelles deepen fisheries and blue economy cooperation for sustainable marine resource management

India and Seychelles agreed to deepen cooperation in fisheries and the blue economy. They will focus on sustainable marine resource management and scientific research. Both nations aim to foster economic growth and rural employment opportunities. They will explore joint development in aquaculture and tuna fisheries optimisation. This collaboration seeks to enhance food security and maritime prosperity.

26 Aug 2026 12:02 pm
Kriti Sanon's Rakhi ad pulled by jewellery brand GIVA after controversy

After encountering criticism, GIVA has pulled its Raksha Bandhan ad featuring Kriti Sanon in an Indo-Western ensemble. Some users voiced concerns about the fashion choice during this festive time. The brand said that there was no intention to disrespect sentiments.

26 Aug 2026 12:01 pm
Piramal Alternatives invests Rs 215 crore in Kolors Healthcare

Kolors plans to use the latest capital infusion to strengthen its regional footprint while expanding into additional segments of the wellness and preventive healthcare market. The company also plans to implement its Kolors 2.0 initiative, which involves a broader transformation of its centres and operations.

26 Aug 2026 12:01 pm
Nepal flash flood washes away villages, project sites near Tibet border

A catastrophic flash flood has hit Nepal, sweeping away entire villages and vital infrastructure. Authorities are expressing grave concerns about potential casualties and are strongly advising locals to move to higher altitudes without delay. Rescue operations involving police and military personnel are underway to assist affected families. Those residing near the Bhote Koshi river are specifically cautioned to stay alert and prepared for any further developments.

26 Aug 2026 11:59 am
boAt reports 38% profit growth to Rs 84.5 crore in FY26, wearables drive success

Peripherals firm boAt reported a 38% profit increase for fiscal year 2025-26. Higher demand for wearables significantly boosted the company's financial performance. Profit from peripherals also rose substantially, contributing to overall growth. The company ended the year with strong cash reserves and no bank debt. boAt's parent company, Imagine Marketing, has received approval for an upcoming initial public offering.

26 Aug 2026 11:57 am
Inside Mexicos haunting Island of the Dolls: A girl drowned here. Then hundreds of dolls began appearing. The haunting story behind this mysterious place

Mexicos Island of the Dolls, located in the Xochimilco canals, is covered with hundreds of weathered, broken dolls linked to a haunting local legend. According to Guinness World Records, Don Julin Santana Barrera began collecting dolls after claiming he heard the spirit of a drowned girl. He continued for decades before dying in 2001. Today, the island remains a popular dark tourism destination, with locals claiming unexplained cries can still be heard.

26 Aug 2026 11:55 am
India enforce follow-on after restricting Sri Lanka to 290 in Colombo Test

After declaring at 503/9, India successfully bowled Sri Lanka out for 290, leading to a 213-run deficit for the visitors. Notably, Sonal Dinusha's remarkable century gave Sri Lanka a glimmer of hope. As India nears an innings victory, they only need ten more wickets, while Sri Lanka has a strenuous challenge ahead to evade defeat on the final day.

26 Aug 2026 11:55 am
India's rice exports to 26 markets rise despite challenges; BIRC 2026 to drive diversification

India's rice exports to key markets saw value and volume increases recently. The Bharat International Rice Conference aims to boost these exports further. This event will focus on showcasing Indian rice varieties for diverse international cuisines. Chefs and consumers will engage with Indian rice through various culinary activities. The strategy shifts from volume to application-led diversification for sustained demand.

26 Aug 2026 11:55 am
Raksha Bandhan 2026 photo editing prompts: 8 best ChatGPT AI prompts to create beautiful, festive and heartwarming images with siblings

ChatGPT Raksha Bandhan Photo Editing Prompts 2026: Celebrate Raksha Bandhan on Friday, August 28, 2026, a day dedicated to the cherished bond between brothers and sisters. This article showcases eight creative ChatGPT prompts designed to inspire stunning images that capture both traditional and modern celebrations, including the heartfelt connections shared by siblings separated by distance. These prompts aim to generate photorealistic visuals suitable for various media.

26 Aug 2026 11:55 am
How a Ukrainian commander sped through the 'kill zone' to save wounded troops

A Ukrainian commander rescued two wounded soldiers stranded on a battlefield. He drove into a mine-filled kill zone without protective gear. A Russian drone had immobilised their evacuation land drone, leaving them exposed. The commander's bravery earned him Ukraine's highest military honor. President Volodymyr Zelenskyy presented the award during Independence Day celebrations.

26 Aug 2026 11:52 am
'I retired at 29': Woman quits corporate life, shares 4-step 'FIRE' plan and says 'choose peace over pressure'

29-year-old woman's 4-step retirement plan: Sneha Rajguru retired from corporate life at 29 and, with her father, built a farm stay focused on permaculture, fruit cultivation, home-grown food and well-being. Her Instagram video explaining her four-step approach has crossed 4 lakh views and inspired many people online.

26 Aug 2026 11:51 am
Fastest-growing India has scale, growth and a young population, Sitharaman tells Canadian investors

Finance Minister Nirmala Sitharaman urged Canadian investors to tap Indias fast-growing economy, highlighting its scale, young population, expanding consumption, digital infrastructure and deepening capital markets. She also stressed opportunities in fintech, payments and financial services, as India and Canada strengthen economic ties through CEPA negotiations, uranium cooperation and plans to more than double bilateral trade by 2030.

26 Aug 2026 11:49 am
Dolly Parton quote on beauty and ageing: People ask how do you stay looking so young? I say, well, good lighting, good doctors, and good makeup.

Dolly Parton's clever comments about beauty and aging bring a much-needed dose of honesty to the forefront. She openly credits the tools and professionals that contribute to her iconic glamorous appearance. This honesty serves to debunk the myth of unattainable perfection in Hollywood, especially relevant in today's image-obsessed social media culture. Parton's genuine approach continues to inspire countless individuals.

26 Aug 2026 11:37 am