The Economic Times News
Economy / The Economic Times
Environmentalist Neelam Ahluwalia, a member of the Aravalli Virasat Jan Abhiyaan, has demanded that the Supreme Court recall its November 20 order and the Centre withdraw the newly notified definition of the Aravalli range, warning that it could open vast stretches of the fragile mountain ecosystem to mining.
Great Northern Super Crisp has once again claimed the title of Australia's top-selling beer, a remarkable five-year streak. This mid-strength brew, known for its clear bottle and easy-drinking profile, has reshaped beer perceptions and appeals to a broad audience. Its success highlights the enduring popularity of mid-strength options in the Australian market.
Keerthy Suresh's crime-comedy Revolver Rita, a November theatrical release, is now heading to Netflix on December 26. The film, set in Pondicherry, features Suresh as a resilient woman thrust into the criminal underworld to protect her family. Available in Tamil, Telugu, Kannada, and Malayalam, it promises a blend of dark humor and thrilling action for a wider audience.
Thailand and Cambodia have signed a ceasefire agreement to de-escalate tensions along their disputed border. Both nations committed to halting military movements and facilitating the return of displaced civilians. As a confidence-building measure, Thailand will return 18 Cambodian soldiers if the truce holds for 72 hours.
China has enacted a new law for drones. This regulation will impact the country's growing drone and low-altitude economy. The rules, effective July 1, require airworthiness certification for most drones. This move aims to bring order to the rapidly expanding drone market. It will affect major manufacturers like DJI and EHang.
Former child actor Tylor Chase, once known for Nickelodeon's Ned's Declassified, is now facing homelessness and mental health challenges. A resurfaced poem from 2012 eerily reflects his current struggles, sparking concern among fans and former colleagues who are attempting to offer support.
Mowgli (2025), a Telugu romantic action-drama starring Roshan Kanakala, is set for an OTT release on ETV Win on January 1st after a quiet theatrical run. The film, directed by Sandeep Raj, features a unique love story set in the wild and aims to find a wider audience as a New Year watch.
Voters will be allowed to submit any of 12 recognised documents, including Aadhaar, as proof of identity and address, the official at the office of the state Chief Electoral Officer (CEO) said on Friday.
China observers say Beijing is taking some comfort from indicators suggesting that the official 2025 growth target of around 5% is still achievable, while a U.S.-China trade truce has also helped ease tensions. However, market expectations centre on the need for further policy support next year to bolster domestic demand and broad economic growth.
Chartered Accountant Nitin Kaushik emphasizes that true financial strength lies in building security early, not in flashy spending. He argues that essential protections like home loan prepayments and early insurance are often overlooked, while optional comforts like lavish interiors and impulse travel are prioritized. Kaushik advises prioritizing security over comfort to preserve future freedom and options.
The Enforcement Directorate has filed a final charge sheet in the Chhattisgarh liquor scam. Fifty-nine more individuals are now accused, bringing the total to 81. The scam allegedly occurred between 2019 and 2022. Proceeds of crime are estimated to be around Rs 3,000 crore. Several prominent figures, including politicians and former officials, have been named.
Veteran actor Shakti Kapoor once aspired to be a leading man, inspired by Vinod Khanna's career. His sole attempt, the 1982 film 'Zakhmee Insaan,' was a catastrophic failure, reportedly pulled from theaters within 15 minutes. This experience led Kapoor to embrace villainous and comedic roles, where he found significant success.
Following the deadly Bondi Beach terrorist attack, a new poll reveals strong public backing for stricter hate speech laws, enhanced immigration screening, and harsher penalties for inciting antisemitic violence. The Albanese government is facing pressure to act swiftly, with the Prime Minister proposing a package of reforms including new hate speech and gun laws.
India and New Zealand have finalized a Free Trade Agreement. This pact opens New Zealand businesses to India's large consumer market. The deal is expected to create more jobs and increase incomes. It will also significantly boost exports for both nations. This agreement marks a swift conclusion to negotiations, fostering deeper economic ties.
Russia is reportedly placing new nuclear-capable hypersonic missiles in Belarus. Satellite imagery suggests a former airbase near Krichev is being used. This move could enhance Russia's missile reach across Europe. Experts believe it is a response to Western actions. Belarus confirms deployment, calling it a response to aggressive Western actions.
Zelenskyy is expected to meet Trump in Florida on Sunday. He has said he will present a new 20-point peace plan aimed at ending the nearly four-year-long war with Russia. The peace plan proposed by US and Ukrainian officials is 90 per cent ready, Zelenskyy said on Friday
Nigeria's government confirmed its cooperation with the U.S. on a Christmas Day airstrike against Islamic State militants in northwest Nigeria. This action followed President Trump's threats to intervene unilaterally if Nigeria did not protect Christians, though Nigeria maintains no specific religion was targeted. Security experts question the long-term impact of such strikes on persistent militant threats.
Kyiv faced a major Russian assault early Saturday. Explosions rocked the Ukrainian capital as air defenses engaged incoming missiles. This significant military action occurs just two days before Ukrainian President Volodymyr Zelenskiy is scheduled to meet with US President Donald Trump. The leaders aim to finalize details of a peace accord to end the protracted conflict with Russia.
Ukrainian President Volodymyr Zelenskyy is set to meet with U.S. President Donald Trump to finalize drafts of a peace deal and security guarantee, with territorial concessions being a key point of discussion. Trump stated that any deal requires his approval, while Zelenskiy indicated a willingness to hold a referendum on land issues if necessary.
India's electronics industry, driven by the PLI scheme, has created over 1.33 million jobs in five years, with women and first-time workers forming a significant portion. Mobile phone manufacturing has surged, boosting exports nearly tenfold and contributing substantially to economic growth and formal employment expansion.
India's electricity demand saw a seasonal rise in December, reaching approximately 236 gigawatts. This rebound follows several months of subdued consumption. Power generation capacity is also growing rapidly. Coal stocks at power plants have improved, ensuring supply. This indicates a positive trend in the country's power sector.
Emma Stones latest movie Bugonia is now streaming on Peacock after achieving critical acclaim in its theatrical run. Directed by Yorgos Lanthimos, the dark comedy thriller centers on two conspiracy-obsessed men who kidnap an influential CEO they believe is an alien threat to humanity. What starts as paranoia changes into a tense psychological battle packed with dark humor and unsettling twists.
Ancient Khapli wheat is experiencing a revival, with urban consumers embracing it for its health benefits. This heirloom grain, richer in fiber and protein with a lower glycemic index, is now a sought-after functional food. Brands are entering the market, and sales are surging, though its premium price remains a factor.
Consumer goods companies in India are seeing normalized inventory levels after GST disruptions, with production now at full capacity. Companies anticipate a strong sales rebound starting next quarter as operational adjustments are complete and GST benefits are passed on to consumers, driving demand.
Nicki Minaj has deactivated her Instagram account days after making an unexpected presence at Turning Point USAs AmericaFest in Phoenix, Arizona. The rapper joined Erika Kirk onstage and shared her perspectives on leadership and politics, resulting in mixed responses online. After the event, fans noticed her Instagram account had gone offline, fueling speculations about backlash and follower loss.
Netflix has released the official teaser for Apex, a high-intensity survival thriller starring Charlize Theron and Taron Egerton, set in the harsh Australian wilderness. Theron portrays a grieving woman looking for solace in nature but becomes the target of a calculated predator, featured by Egerton. Directed by Baltasar Kormkur and written by Jeremy Robbins, the movie compels its actors to their physical limits, with Theron sustaining injuries during filming.
Stranger Things Season 5 finale releases December 31, 2025. Netflix drops Episode 8, The Rightside Up, at 8 PM EST/5 PM PST. Volume 2 sets up the final showdown with Vecna, reveals Elevens powers, Wills hive mind, and the Abyss. Here is how to watch and what to expect in the finale.
A winter storm swept across Michigan on Thursday night, resulting in snow and freezing rain to the Lower Peninsula and western Upper Peninsula. Over 30,000 electricity customers lost power on Friday, with Mecosta, Clare, Isabella, and Oakland counties among the most severely impacted. The National Weather Service stated, up to 0.27 inches of ice could accumulate on surfaces by Saturday morning.
Elon Musk's Starlink has achieved its fastest growth phase, surpassing 9 million subscribers globally. The satellite internet service added an average of 21,275 new customers daily over a recent 47-day period. With plans to launch in India in 2026, the market anticipates an additional 1.5 million subscribers by FY30.
Thousands of immigrant truck drivers in California are facing license cancellations after a DMV review. Many say the problem is paperwork mistakes, not unsafe driving. Sikh groups have filed a lawsuit to stop the cancellations. The case could affect jobs, families, and the trucking industry if licenses are not fixed soon.
A Dutch non-profit group has sued Tata Steel in the Netherlands. The organization claims the company's IJmuiden plant has harmed the environment and local health. They are seeking 1.4 billion rupees in compensation. Tata Steel has stated it is prepared to defend itself against the lawsuit. The plant has been operating for over 100 years.
Bitcoin price BTC USD forecast 2026: Cardano founder Charles Hoskinson predicts Bitcoin could hit $250,000 by 2026, driven by its fixed supply meeting rising institutional demand. As major players and traditional finance channels embrace BTC, its scarcity fuels price appreciation. While some altcoin gains are expected, regulatory and tech market uncertainties pose risks.
French police arrested a man suspected of stabbing three women on Paris's Line 3 metro during end-of-year festivities. The attacks occurred at Republique, Arts et Metiers, and Opera stations. Surveillance footage and mobile tracking led to the suspect's apprehension north of Paris.
This trend has been consistent. Even in the preceding fortnight ended December 8, credit growth stood at 11.5% year-on-year, while deposit growth lagged at 10.2%. The sustained divergence shows continued strong demand for credit amid relatively moderate growth in banks cheapest funding source.
Hotels across India are seeing a rush for New Year's Eve staycations. Many properties offer curated experiences for families. Guests seek festive cheer without travel stress. Demand is strong, with hotels enhancing amenities. This trend reflects a shift towards valuing short, meaningful city breaks.
Money market dealers said this will turn system liquidity into surplus from next week and help it remain comfortable through January. This will be supported by continued OMO (open market operations) purchases totalling around Rs 1.50 lakh crore in January, along with G-sec redemptions of approximately Rs 90,785 crore, said VRC Reddy, head of treasury at Karur Vysya Bank,
A pharma group is requesting more time for manufacturers to meet new quality standards. Many companies have started upgrades but face genuine delays. The group wants a case-by-case review for those showing progress. They also seek an extension until December 2026 for MSME manufacturers who hesitated due to unclear rules.
Nvidia is updating its cloud gaming service GeForce Now by introducing a 100-hour monthly limit, beginning from January 1, 2026. The cap affects almost all subscribers except long-term Founder members who joined before March 17, 2021. Players can purchase additional hours in 15-hour blocks, $2.99 for Performance tier users and $5.99 for Ultimate, while free-tier users remain restricted to one-hour sessions.
PNB has sought expressions of interest (EoIs) by January 3, to be followed by a Swiss auction. This marks a rare instance in recent times of a bank offering corporate loan accounts for sale, as lenders have largely been focusing on the disposal of retail and microfinance (MFI) portfolios.
The US Department of Commerce has made a significant finding. Indian producers and exporters of hard empty capsules have received countervailable subsidies. This determination could lead to new duties on these exports. The investigation covered a recent one-year period.
President Donald Trump declared December 26 a holiday for federal employees in 2025. This is a temporary order and not a permanent federal holiday. Most banks and stores will remain open. The U.S. Postal Service will operate normally, with mail delivery and post office counters open. Private carriers like FedEx and UPS are also resuming their services.
Mumbai real estate developers are pausing project approvals and amendments. The municipal election code of conduct is causing administrative delays. Developers are prioritising ongoing projects. New launches and expansions are being staggered. This cautious approach is typical during election periods.
Vodafone Idea is boosting its network for 5G and digital services. The company is adding towers and expanding 5G to more cities. It has also enhanced customer safety with AI tools and introduced new services like International Call Display and a forex card.
Virat Kohli and Rishabh Pant's fifties propelled Delhi to 254, but Gujarat faltered in their chase, collapsing to 247. Despite a strong start, Gujarat's batters succumbed to pressure, handing Delhi a narrow seven-run victory in the Vijay Hazare Trophy.
Social Security retirement income in 2026 may look higher on paper but feel tighter in reality. Average monthly benefits hover near $2,013 after adjustments. Inflation lingers above 2.5% in key metrics. Everyday costs for groceries, housing, and healthcare climb faster than that COLA. The Bureau of Labor Statistics pegs senior housing inflation at 4.2% year-over-year. Retirees on fixed incomes feel the squeeze first. Medicare Part B premiums jump to $185.00 monthly in 2026, up $10.30 from 2025.

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