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The Economic Times

Economy / The Economic Times

India has secured Annex on EU CBAM to cut GHG emissions: Govt to Parliament

India-EU FTA: The Annex establishes a Technical Dialogue wherein India and EU will engage on technical exchanges on implementation of carbon border adjustment measuresincluding their product scope and embedded emissions coverage; monitoring,reporting and verification processes, and the possibility to take into account the carbon price effectively paid in the other Party under a carbon emissions reduction scheme.

6 Feb 2026 6:51 pm
Trump launches TrumpRx: New government portal promises up to 80% off prescription drug prices

TrumpRx is a new government portal launched by Donald Trump to help people save money on prescription drugs. The site lists cash discounts and pharmacy coupons for more than 40 medicines, including weight-loss and diabetes drugs. Savings can be very high on some medicines. TrumpRx does not sell drugs and works only with cash prices.

6 Feb 2026 6:50 pm
US accuses China of secret nuclear testing as it calls for broad new arms treaty after New START

America has accused China of conducting a secret nuclear test in 2020. This comes as a key arms control treaty between the US and Russia has expired. Washington is now pushing for a new, broader treaty that would include China. Beijing denies the allegations, calling them false narratives. The global arms control landscape faces a critical moment with these developments.

6 Feb 2026 6:50 pm
Govt proposes merging Pradhan Mantri Rashtriya Krishi Vikas Yojana & Krishonnati Yojana

The government is proposing to merge two central agriculture schemes, Pradhan Mantri Rashtriya Krishi Vikas Yojana and Krishonnati Yojana, into a single umbrella scheme. This move aims to provide greater flexibility to states in implementing need-based agricultural components. Inter-ministerial consultations are currently underway for the proposed restructuring.

6 Feb 2026 6:47 pm
Thought of the Day by Nicole Kidman: I believe that as much as you take, you have to

Thought of the day by Nicole Kidman resonates precisely because it runs counter to the prevailing culture of self-absorption. It frames success as a shared space rather than a solitary peak.

6 Feb 2026 6:45 pm
Bathinda on alert as Punjab Police block entry points, use tear gas to stop Bharatiya Kisan Union protest

Bharatiya Kisan Union Protest: Security forces tightened their grip on Bathinda on Friday. Police blocked entry points to prevent Bharatiya Kisan Union members from protesting. Tear gas was used to disperse farmers attempting to breach security. The measures aimed to maintain order and traffic flow. Approximately 1500 personnel were deployed. No violence has been reported so far.

6 Feb 2026 6:42 pm
Jeffrey Epsteins dentist girlfriend, 40 years younger, inherited $100 million heres what we know

Recently revealed Department of Justice files disclose Jeffrey Epstein intended to transfer most of his wealth to dentist girlfriend Karyna Shuliak through a secret 1953 Trust. The documents indicate allocations to close associates, property rights to Zorro Ranch, and millions earmarked for executors and family, while several beneficiary names remain redacted.

6 Feb 2026 6:41 pm
What is the Sahyog Portal and why has comedian Kunal Kamra challenged it in court?

Comedian Kunal Kamra has challenged the government's Sahyog portal in the Bombay High Court, deeming it an unconstitutional intrusion on free speech. His petition argues the portal and amended IT Rules grant excessive powers for content takedowns without adequate legal safeguards, bypassing due process.

6 Feb 2026 6:33 pm
Global tech stocks erase $1.8 trillion in days as U.S. stock futures rebound and AI spending fears rattle markets

Global tech stocks erased $1.8 trillion in market value this week. Heavy selling hit AI and Big Tech leaders. Investors questioned rising capital spending. Profit visibility weakened. U.S. stock futures rebounded Friday. S&P 500 and Nasdaq futures turned positive. Relief was cautious. Bitcoin stayed volatile. EV and silver markets remained stressed.

6 Feb 2026 6:28 pm
Land acquisition serious problem in Kerala, only 14 pc acquired for rail projects: Ashwini Vaishnaw

Replying to supplementaries during question hour, the minister said the central government led by Prime Minister Narendra Modi has earmarked a total budget of Rs 3,795 crore for Kerala alone this year, which is ten times the allocation made by the previous Congress regime.

6 Feb 2026 6:28 pm
TVS Motor Company appoints Vedanta's Madhu Srivastava as group head of HR

TVS Motor Company has appointed Madhu Srivastava as its new president and group head of human resources. Srivastava brings extensive cross-industry experience to the role. She previously served as global CHRO of Vedanta Resources. The company expressed confidence in her ability to advance its people and organizational agenda.

6 Feb 2026 6:20 pm
Young couple wanted to marry but died in tragic accident. Families honoured them with a wedding at their joint funeral

Two 20-year-old Franciscan University students, Mary Mich and Luke Reimer, were found dead inside a parked car just steps away from Marys dorm in Ohio. Police said the deaths were accidental and caused by carbon monoxide poisoning linked to a vehicle exhaust issue. The couple, who had been together for a year, were deeply in love and already talking about marriage and their future plans. In the days after the tragedy, their families chose to honour that bond by treating their joint funeral as a

6 Feb 2026 6:19 pm
Only three ingredients: Gastro expert shares quick juice shot that supports immunity and gut health

A simple three-ingredient juice shot is becoming a wellness trend. Gastroenterologist Dr Saurabh Sethi highlights its benefits for digestion and immunity. Made with carrots, oranges, and ginger, this nutrient-rich drink offers a quick health boost. It is easy to prepare and consume in small portions. This functional wellness addition supports overall health.

6 Feb 2026 6:08 pm
Where to eat in Edinburgh: Top tables worth booking

Edinburghs dining scene blends local comfort with global flavours, from quick, student-friendly cafs to restaurants rooted in Scottish produce and European traditions. This list highlights four standout spots, ranging from a no-frills Korean eatery and a mash-focused Scottish kitchen to a French bistro using local ingredients and a caf offering one of the citys best views alongside a solid brunch menu.

6 Feb 2026 6:00 pm
Standard Chartered Bank sells office in Mumbais BKC for Rs 197 crore

Standard Chartered Bank has sold a commercial property in Mumbai's Bandra Kurla Complex. Advanced Realty acquired the office space for Rs 197 crore. The transaction highlights a trend of corporates rebalancing their real estate portfolios. This move allows for capital unlocking and a shift towards asset-light strategies. BKC remains a prime office location.

6 Feb 2026 5:50 pm
Sagarmala program: 50 projects worth Rs 3,581 cr under implementation

Fifty projects valued at Rs 3,581 crore are currently underway as part of the government's Sagarmala initiative. The Ministry of Ports, Shipping and Waterways has approved financial aid of Rs 1,532 crore for these projects. This program aims to boost trade and coastal development across India. It focuses on modernizing ports and creating jobs.

6 Feb 2026 5:44 pm
Pernod Ricard launches inquiry after raid on Indian warehouse

Pernod Ricard is investigating an incident in India. Officials raided a warehouse and found Ballantine's whisky labels on cheaper liquor. An employee was arrested but later released on bail. This adds to Pernod Ricard's challenges in India. The company is cooperating with authorities. The investigation is ongoing.

6 Feb 2026 5:42 pm
IndiGo plans to launch Delhi-Shanghai flight

IndiGo is set to launch direct flights connecting New Delhi and Shanghai. This move will establish a third air link between India and China. Air India and China Eastern already operate flights on this route. The expansion signals improving ties and growing air travel demand between the two nations.

6 Feb 2026 5:41 pm
Quote of the day by famous British singer Elton John: 'We live in an age of negativity, violence, unrest; I wanted to promote love and red signifies love'

Music legend Elton John, an EGOT winner, has consistently used his platform to promote love amidst global negativity. His illustrious career, marked by a legendary partnership with Bernie Taupin and iconic hits, spans over six decades. Beyond his musical achievements, John is a dedicated humanitarian, notably championing the fight against HIV/AIDS through his foundation.

6 Feb 2026 5:36 pm
Second round of Iran-US talks underway: Ambassador

Iran engages in fresh negotiations with the U.S., eagerly anticipating the outcomes of these talks. The nation proudly highlights its robust influence in the region alongside significant advancements in technology. The strategic Chabahar Port emerges as a vital conduit for enhancing trade with Afghanistan and Central Asia. Additionally, Iran signals growing potential in its bilateral relationship with India.

6 Feb 2026 5:34 pm
RBI to find ways to make UPI sustainable, improve infrastructure: Sanjay Malhotra

The Reserve Bank of India is dedicated to the long-term viability of the Unified Payments Interface (UPI), as articulated by Governor Sanjay Malhotra. His recent announcement highlighted innovative upgrades to the beloved payment platform, aimed at responding to consumer concerns and bolstering the entire digital payment framework.

6 Feb 2026 5:32 pm
Not money or fame bring real happiness: Scientists find the surprising factor that success stories ignore

New psychological research suggests that living a meaningful life is less about personal success, comfort, or constant happiness and more about having a positive impact on others. Studies show that people feel their lives matter when they experience purpose, coherence, belonging, and especially when their actions benefit those around them.

6 Feb 2026 4:56 pm
Why is gold price rising by 1.6% and will it rise above $4,848 or fall back? Gold rise, analysts insights and market outlook explained. Here's what should investors do now

Why is gold price rising by 1.6% and will it rise above $4,848 or fall back is explained as gold and silver prices move up during a stock selloff. Safe-haven demand rises. CME raises margins. Silver remains under pressure despite recovery.

6 Feb 2026 4:41 pm
Developer approaches police against local farmers, alleges illegal occupation, mutation of company land

A private real estate developer has approached the police against a group of local farmers in Bhankrota, alleging that they illegally carved up and secured mutation of company-linked land through revenue processes and have unlawfully taken control of portions of the property.

6 Feb 2026 4:41 pm
Tata Chemicals to invest Rs 515 cr in new manufacturing unit in Tamil Nadu

Tata Chemicals will invest Rs 515 crore to build a new manufacturing plant in Tamil Nadu. This facility will produce Iodised Vacuum Salt Dried. The project aims to expand capacity and strengthen the supply chain. Construction is expected to take 36 months. The new plant will boost regional supply capabilities and improve logistics for the company's salt business.

6 Feb 2026 4:38 pm
Power Finance acquires 52.63% government stake in REC Limited

Power Finance Corporation has acquired a majority stake in REC Limited. This move consolidates public sector non-banking financial companies. The acquisition follows the Union Budget's vision for scaling up credit disbursement and technology adoption. PFC's board has approved the acquisition and a future merger. Post-merger, PFC will remain a Government Company.

6 Feb 2026 4:34 pm
Comedian Kunal Kamra moves HC challenging Sahyog portal, cites free speech concerns

Comedian Kunal Kamra has approached the Bombay High Court. He is challenging the government's 'Sahyog' portal and amended IT rules. Kamra argues these tools unconstitutionally restrict freedom of speech. He claims officials can now take down social media content without proper procedure. The petition states these powers go beyond constitutional limits.

6 Feb 2026 4:31 pm
Supreme Court says arrest of person by police officer cannot be simply for asking questions

The Supreme Court has clarified arrest powers under the Bharatiya Nagarik Suraksha Sanhita, 2023. Police cannot arrest individuals merely to ask questions. Arrest is a discretionary power, not mandatory. It must be an objective necessity for effective investigation, especially for offenses punishable up to seven years imprisonment.

6 Feb 2026 4:28 pm
I'm done with...': Banker's resignation video against 'corporate adharma' hits a raw nerve with Indias burnt-out workforce

An investment banker's viral video of quitting his corporate job highlights the emotional toll of India's demanding work culture. He expressed feeling trapped in a 'survival game,' questioning decades of routine for bills and the lack of fulfillment. His candid discussion of burnout and isolation resonated deeply with many professionals.

6 Feb 2026 4:23 pm
India's copper demand to grow 10-12% over next two years: ICRA

India's copper market is on a promising upward trajectory, with consumption anticipated to climb by 10-12 percent annually over the next two years. Despite recent spikes in metal prices likely dampening short-term demand, foundational factors such as rapid urban development and the transition to renewable energy continue to fuel growth.

6 Feb 2026 4:22 pm
Versace names Pieter Mulier as Chief Creative Officer

Prada Group has appointed Pieter Mulier as the new Chief Creative Officer of Versace. This marks a new era for the renowned Italian fashion house. Mulier brings extensive experience from leading fashion brands. He will lead Versace's creative direction, building on its rich heritage. The appointment follows Prada Group's acquisition of Versace in December 2025.

6 Feb 2026 4:21 pm
Devyani merger, new labour codes burn a hole in Sapphire Foods' earnings

Sapphire Foods reported a third-quarter loss. This was due to costs from new labor laws and a merger with Devyani International. KFC stores showed modest sales growth. Pizza Hut sales declined significantly. The company is adjusting its value offerings for KFC. The merger aims for long-term cost synergies. Competition in the QSR space remains intense.

6 Feb 2026 4:20 pm
US EV slowdown drives $55 billion hit for carmakers

In a turbulent turn of events, major global car manufacturers are grappling with heavy financial losses. Brands like Stellantis, Ford, General Motors, and Volkswagen are reporting billion-dollar writedowns as they reassess their electric vehicle strategies. The factors at play include a sluggish US market, aggressive pricing battles in China, and intricate regulatory demands in Europe.

6 Feb 2026 4:19 pm
Centre yet to disburse incentives under PM-PRANAM scheme, JPNadda tells Parliament

The Centre has not yet provided any incentives to states and union territories under the PM-PRANAM scheme. This scheme, launched to reduce chemical fertiliser use, was designed to reward states for decreased consumption. Incentives are calculated based on fertiliser subsidy savings.

6 Feb 2026 4:17 pm
Smita Patils son Prateik reveals why he didnt invite father Raj Babbar to his wedding: People dont know

Actor Prateik Patil and wife Priya addressed backlash over his wedding guest list, with Patil hinting at deeper truths beyond public speculation. The couple found their pre-wedding challenges strengthened their bond, and they shared critical views on the superficiality of many Bollywood marriages, advocating for honesty and commitment.

6 Feb 2026 4:15 pm
Quote of the day by ex-US President Dwight Eisenhower: 'Only Americans can ever hurt America. She will never be defeated by anyone from outside'

Dwight D. Eisenhower, a pivotal figure in 20th-century history, served as the 34th U.S. President after a distinguished military career, including Supreme Commander in WWII. His post-presidency reflections emphasized that a nation's true strength and vulnerability stem from its own people, not external forces. Eisenhower's life was marked by family values and a steady rise through significant leadership roles.

6 Feb 2026 4:10 pm
Union Budget 202627: Positioning India as a global digital infrastructure hub

The Union Budget 202627 has proposed a tax holiday until 2047 for foreign companies offering global cloud services from data centres in India. The move comes as global cloud firms increase investments in the country and aims to position India as a global digital infrastructure hub rather than only a large consumer market.

6 Feb 2026 3:57 pm
T20 World Cup: If needed, India will play two spinners together, says Suryakumar Yadav

Skipper Suryakumar Yadav stated India is open to fielding two spinners in the T20 World Cup. He described the selection of Varun Chakravarthy and Kuldeep Yadav as a positive challenge. Yadav also addressed the team's batting lineup, noting a preference for left-handed batters. He emphasized that players are prepared for any bowling attack.

6 Feb 2026 3:57 pm
National Wear Red Day 2026: Why it is observed and how it supports the fight against womens heart disease

National Wear Red Day 2026 reflects that informed choices, early screening and collective awareness remain the strongest tools against cardiovascular disease.

6 Feb 2026 3:48 pm
Oman confirms it mediated indirect US-Iran nuclear talks

Oman announced it mediated indirect talks between Iran and the United States concerning Iran's nuclear program. Foreign Minister Badr al-Busaidi met separately with Iranian and American officials. The consultations aimed to prepare for diplomatic and technical negotiations. This development follows a period of heightened regional tensions and military posturing. The talks focused on ensuring success for sustainable security and stability.

6 Feb 2026 3:47 pm
Boss told techie stick to his tasks after he asked for a raise. How the employee took his sweet revenge

An employee's strict adherence to his contract after a denied pay raise unexpectedly exposed his manager's shortcomings. By limiting his work to contractual duties, the employee created significant issues for management, leading to a reassessment of his role and his own plans to seek new employment.

6 Feb 2026 3:46 pm
Assam: Leading citizens urge Gauhati HC to take suo motu cognisance of CM Himanta's statements

A coalition of influential residents has taken a stand, appealing to the Gauhati High Court in light of controversial statements by Chief Minister Himanta Biswa Sarma, which they claim target a vulnerable community. These citizens worry that such declarations are not only harmful but also violate constitutional tenets. Their concerns center around the dangers of hate speech and increasing intimidation.

6 Feb 2026 3:44 pm
Islamabad blast: Explosion in Shiite mosque kills 15, leaves more than 80 others injured, say local sources

Islamabad mosque blast: A devastating explosion rocked a Shi'ite mosque in Islamabad on Friday, claiming 15 lives and injuring over 80. Authorities are investigating the blast, with no group yet claiming responsibility. This attack follows a series of violent incidents across Pakistan, highlighting ongoing security concerns.

6 Feb 2026 3:43 pm