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The Economic Times News

Economy / The Economic Times

Goa Liberation Day: How Indias tri-service operation liberated the state from 450-year Portuguese rule

Operation Vijay, India's first joint military operation involving all three services, liberated Goa, Daman, Diu, and Anjidiv Islands from 450 years of Portuguese rule in a swift 40-hour action. The successful military campaign, supported by local freedom fighters, concluded on December 19, 1961, marking a significant moment in India's post-independence history.

19 Dec 2025 12:56 pm
India's exports to China skyrocket but a $106 billion trade deficit looms

India's exports to China surged nearly 90% in November 2025, driven by naphtha and electronics, but this growth is not broad-based. Analysts highlight a deep reliance on Chinese imports, particularly electronics and machinery, leading to a widening trade deficit projected to hit a record $106 billion. This imbalance persists despite export gains.

19 Dec 2025 12:53 pm
Budget 2020-21: New tax regime, growth & welfare boost, fiscal prudence

Budget 2020-21 introduced a new optional tax regime, a series of welfare measures. Themed Ease of Living, it outlined a comprehensive plan for India's economic and social advancement. It focused on Aspirational India, Economic Development, and a Caring Society, proposing significant investments in agriculture, health, infrastructure, and education to boost living standards and long-term growth.

19 Dec 2025 12:51 pm
Microsoft's Bill Gates features in new Jeffrey Epstein photos released by US House Democrats: Here's what the images reveal

Microsoft co-founder and billionaire Bill Gates has featured in new batch of Jeffrey Epstein photographs released by US House Democrats. One of the photograph shows Bill Gates standing next to a woman whose face has been blurred. Bill Gates have previously acknowledged having interactions with Epstein adding that he regretted having dinner with him.

19 Dec 2025 12:50 pm
Australian Stock Market closes on high: ASX 200 crossed its 20-day moving average, DroneShield Limited tops the gainers list, heres how other key indices performed

The Australian stock market finished Friday, December 19, 2025, on a strong note. The S&P/ASX 200 index saw a gain, boosted by top performers like DRONESHIELD LIMITED and BOSS ENERGY LTD. Other key indices also recorded modest gains, indicating a positive end to the trading week for Australian equities.

19 Dec 2025 12:46 pm
Assam cabinet approves land for Ammonia-Urea project

Assam cabinet approved land for an Ammonia-Urea Project, with PM Modi laying the foundation stone on December 21. The state also declared two beels as Proposed Reserved Forests and transferred land for a CRPF Group Centre. PM Modi will visit the Assam BJP headquarters on December 20 and inaugurate several projects, including a new airport terminal and a statue.

19 Dec 2025 12:46 pm
One or two benches of Supreme Court may sit on December 22 to hear urgent cases: CJI Surya Kant

Chief Justice of India Surya Kant will hear urgent cases on December 22. This is the first day of the Supreme Court's Christmas and New Year holidays. The apex court registry will verify case urgency. Junior lawyers must argue their matters on this day. The court will be closed from December 22 until January 2, 2026.

19 Dec 2025 12:42 pm
2019 Interim Budget: Farm income boost, tax sops, big focus on macro stability

The 2019 Interim Budget focused on bolstering farm incomes, offering tax relief to individual taxpayers. It presented a broad agenda for farmers, workers, and the middle class. Key announcements included income support for farmers and a pension scheme for unorganised workers. Tax benefits were offered to individuals.

19 Dec 2025 12:32 pm
Cipla, Pfizer ink partnership for exclusive marketing of four brands in India

Pfizer India and Cipla Limited have announced a strategic partnership where Cipla will exclusively market and distribute four of Pfizer's key brands in India. This collaboration aims to leverage Cipla's extensive distribution network to enhance patient access to essential medicines like Corex Dx, Dolonex, Neksium, and Dalacin C across the country.

19 Dec 2025 12:27 pm
Google Pixel upgrade program: Find out how you can get the latest Pixel phone, starting at just Rs 3,333/month

Google has introduced a new Pixel Upgrade Program in India. This initiative makes premium Pixel phones more accessible. Users can own a Pixel and upgrade to the latest model annually. The program offers flexible EMIs and assured buyback. It aims to provide users with the newest Pixel technology easily. This program is available until June 2026.

19 Dec 2025 12:24 pm
How smarter payments are unlocking Asias $28 billion education market

Asia is one of the fastest-growing education hubs worldwide. But outdated payment systems are extracting a heavy toll on students and institutions. Modern payment infrastructure has become essential, offering the transparency, speed, and security needed to support seamless international education in a globalised world.

19 Dec 2025 12:23 pm
ET Graphics: SHANTI Bill, 2025 The new nuclear safeguards

The Centre says a new law is needed to plug gaps in Indias nuclear framework, citing limits of the Atomic Energy Act, 1962 and the CLNDA, 2010. It flagged weak safety mandates, limited regulatory capacity and the absence of any requirement for proactive nuclear governance.

19 Dec 2025 12:15 pm
Dhurandhar director Aditya Dhar came to Mumbai with just one suitcase. How his dream has finally paid off

Dhurandhar continues its box-office dominance, crossing Rs 450 crore. Filmmaker Ram Gopal Varma lauded the action drama as a quantum leap for Indian cinema, praising its writing, staging, and raw action. Director Aditya Dhar responded emotionally, revealing RGV's films shaped his journey and reveal how his dream finally paid it off.

19 Dec 2025 12:12 pm
Roblox down: Why is the popular online gaming platform facing massive outage and has the company said anything? Check details

Roblox is facing outage and many users have complained that they are unable to access the platform or play games smoothly. Data from Downdetector suggests that the majority of users faced issues accessing the Roblox website and were met with error code 9007. Roblox has not yet issued a statement regarding the outage.

19 Dec 2025 11:57 am
The Un-How-To: Why You Must Stop Buying Things Just Because Theyre On Sale

Indias e-commerce sales promise savings but often deliver clutter and regret. This 'un-how-to' piece explores why discounts trigger impulse buying, how saving is often an illusion, and why walking away from sales can be the smartest financial decision.

19 Dec 2025 11:47 am
G RAM G Bill 'anti village', Modi govt demolished 20 years of MGNREGA in one day: Rahul Gandhi

Rahul Gandhi accused the Modi government of dismantling 20 years of MGNREGA with the new VB-G RAM G legislation, calling it anti-village. He argued the bill replaces the rights-based guarantee with a rationed scheme, weakening rural workers' bargaining power and disproportionately affecting marginalized communities. Gandhi vowed to fight the bill's withdrawal.

19 Dec 2025 11:47 am
Tripura police arrest three from Assam in delivery boy assault case; hunt on for two more

Three individuals, including two women, were arrested in Assam in connection with the assault and subsequent suicide of a delivery boy in Tripura. The victim, Prasenjit Sarkar, was allegedly beaten and publicly humiliated by five people, leading to his death on December 14. Police are actively searching for the remaining two accused.

19 Dec 2025 11:46 am
UAE rain alert: As lightning strikes Burj Khalifa, Dubai Crown Prince shares mesmerising video; internet stunned by dramatic clip

A video was shared by Dubai Crown Prince Sheikh Hamdan bin Mohammed Bin Rashid Al Maktoum which shows a lightning striking at Burj Khalifa. The video has left internet stunned. The UAE is receiving heavy rainfall and strong winds and has been experiencing unstable weather conditions with water logging reported in many areas.

19 Dec 2025 11:45 am
Have a busy schedule or hate long gym sessions? Apollo neurologist reveals surprising benefits of short workouts

Regular exercise significantly boosts health and extends life. Dr Sudhir Kumar explains how movement triggers lasting changes in immune cells, reducing inflammation. Even brief walks improve blood sugar and heart health. Short walks after meals aid digestion and blood sugar control. These simple habits build endurance and sharpen concentration, offering greater benefits than single long workouts.

19 Dec 2025 11:44 am
3I/ATLAS aliens come in peace to save earth from nuclear disaster? Here's psychic Uri Geller shocking claims and interstellar comet earth closest approach date, time

3I/ATLAS aliens come in peace to save earth from nuclear disaster? Psychic Uri Geller claims the interstellar object 3I/ATLAS is an alien craft. He believes extraterrestrials are observing Earth and may help humanity avoid nuclear destruction as the object makes its closest approach.

19 Dec 2025 11:40 am
Adani seeks to operate more airports as part of $11 billion expansion

Adani Enterprises aims to secure 11 government-leased airports. This move is part of a significant $11 billion expansion strategy for airport infrastructure. The company is already India's largest airport operator by number of airports. India's aviation sector is experiencing rapid growth.

19 Dec 2025 11:36 am
'They were afraid that we were going to die': Coldplay 'kiss cam' scandal woman slams singer Chris Martin ex-wife's ad. She shares how her kids reacted

Kristin Cabot, Astronomer Chief People Officer, has recently opened up about the devastating impact of a viral kiss cam incident at a Coldplay concert. She faced death threats, and her children endured intense fear, even requiring therapy. She expressed disappointment with her company's damage control, particularly a promotional ad featuring Chris Martin's ex-wife.

19 Dec 2025 11:34 am
When Akshaye Khanna admitted that he couldnt take his eyes off Aishwarya Rai: Its embarrassing.

Akshaye Khanna's recent blockbuster performance has sparked renewed interest in his personal life. Old videos of him speaking fondly of Aishwarya Rai are circulating online. One clip shows him confessing he cannot take his eyes off her. Another features them dancing together on stage in Miami in 1999. Their on-screen chemistry in films like 'Taal' remains memorable.

19 Dec 2025 11:32 am
Flex space providers to capture 40% of GCCs demand of office space by 2030: Report

Flex spaces are poised to capture nearly 40% of India's office space demand from Global Capability Centers (GCCs) by 2030, indicating a significant shift towards asset-light, operational expenditure-led models. This trend is driven by GCCs seeking scalable, experience-first environments to foster innovation and global operations, propelling the flex space industry into a hyper-growth phase.

19 Dec 2025 11:27 am
Aghanistan earthquake today: Magnitude 5.7 quake hits Hindu Kush region

An earthquake measuring 5.7 magnitude struck Afghanistan's Hindu Kush region on Friday, the German Research Centre for Geosciences (GFZ) said.

19 Dec 2025 11:26 am
Delhi HC seeks response from revenue authorities over IndiGo's plea of Rs 900 cr custom duty refund

IndiGo's parent company, InterGlobe Aviation Ltd, has approached the Delhi High Court seeking a refund of Rs 900 crore in customs duty. The duty was paid on aircraft engines and parts re-imported after undergoing repair or service abroad. The court has requested a response from revenue authorities and scheduled the next hearing for April 8.

19 Dec 2025 11:16 am
Indias big-bang financial reforms target wave of foreign money

India is rolling out significant financial services reforms, including allowing 100% foreign ownership in insurance and pension sectors, to attract foreign capital and fuel economic growth. These measures aim to boost investment in equities and long-term projects, supporting Prime Minister Modi's developed economy goal by 2047 amidst global trade tensions.

19 Dec 2025 10:54 am
US new defence law: Trump backs deeper engagement with India, including via Quad

The Act outlines 'sense of Congress on Defence Alliances and Partnerships in the Indo-Pacific region'. Under this, the Secretary of Defence should continue efforts that strengthen US defence alliances and partnerships in the Indo-Pacific region to further the comparative advantage of the US in strategic competition with China.

19 Dec 2025 10:44 am
'Dhurandhar' fever grips Pakistan: Viral video shows Bilawal Bhutto Zardari's grand entry on hit 'Rehman Dakait's' 'FA9LA' track despite ban

Despite the ban, Indian spy thriller and Ranveer Singh starrer movie Dhurandhar continues to shine in Pakistan. A video has now gone viral which shows Bilawal Bhutto Zardari making a grand entry on viral track 'FA9LA' at a party in Pakistan. Pakistan, along with some Gulf nations, has banned the screening of Dhurandhar, calling it negative propaganda.

19 Dec 2025 10:34 am
'Rich and powerful men will be held accountable': US representative Ro Khanna ahead of Epstein files release

Americans anticipate the release of the Epstein Files. Democrats have shared new images from Jeffrey Epstein's estate. Representative Ro Khanna stated the files will be released by Friday midnight. He promised accountability for powerful men who covered up abuse.

19 Dec 2025 10:24 am
Bigg Boss Season 19 clocks 133 million viewers on Colors to become most watched season across channels

Bigg Boss Season 19 shattered viewership records, achieving a 30% higher digital reach and 65% growth in watch-time on JioHotstar. The season finale saw a live concurrency of 4.5 million, marking a significant increase from the previous year. This success underscores the show's enduring appeal and its ability to resonate with a broad audience.

19 Dec 2025 10:18 am
Ek Deewane Ki Deewaniyat OTT release date confirmed: When and where to watch Harshvardhan Rane, Sonam Bajwa's hit romantic movie

Harshvardhan Rane and Sonam Bajwa's intense romantic drama, Ek Deewane Ki Deewaniyat, is set for its digital premiere. After a successful theatrical run, the film, lauded for its raw portrayal of love and powerful performances, will now reach a wider audience. Read on to know when and where to watch the movie online.

19 Dec 2025 10:05 am
'Takes out the heart': Congress MP Shashi Tharoor on renaming MGNREGA

The recent approval of the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) Bill by Parliament has stirred controversy. Congress MP Shashi Tharoor has expressed strong dissent over the renaming, emphasizing that it dilutes Mahatma Gandhi's association with the rural employment scheme and described the decision as unconstitutional.

19 Dec 2025 10:04 am
Bangladesh protests: Video shows mob attacking journalist after Sharif Hadi's death; offices of 'Prothom Alo, 'The Daily Star' set on fire

Following the death of Sharif Osman Hadi, a young student leader in Bangladesh, violent mob has burnt down several media offices in Dhaka. The media offices of two prominent newspapers in Bangladesh 'Prothom Alo' and 'The Daily Star' were set ablaze by the mob and staff were trapped inside. A video has gone viral which shows a mob attacking the editor of New Age Newspaper of Bangaldesh Nurul Kabir.

19 Dec 2025 9:58 am
Who is Dhurandhar actress Gitikka Ganju Dhar? She studied at one of Indias top universities and hosted many TV shows. Her education and career

Dhurandhar, starring Ranveer Singh and Arjun Rampal, is a box office hit, crossing Rs 450 crore. Actress Gitikka Ganju Dhar, who plays Shabnam, has gained fame. She recently opened up about why she agreed to the role. Gitikka's journey includes a career in anchoring before transitioning to acting. Read on to know all about her in detail.

19 Dec 2025 9:57 am
Overseas airports foray on hold as we will double down on India: Jeet Adani

Adani Airports is halting international expansion to focus on a massive 3-4x growth in India over five years, backed by 1 lakh crore investment. The company aims for significant passenger traffic increase, driven by Navi Mumbai Airport and upcoming privatizations. Revenue diversification towards non-aeronautical services and city-side development is a key strategy.

19 Dec 2025 9:53 am
Delhi Weather Today: IMD issues yellow alert for dense fog, flights disrupted, AQI stays high. Check latest forecast

Delhi Weather Today: Delhi is battling severe air pollution. Smog has pushed the Air Quality Index to 'very poor' and 'severe' levels in many areas. Dense fog has also disrupted flights at Indira Gandhi International Airport. The Environment Minister is enforcing the 'No PUC, No Fuel' rule at petrol pumps. Over 60,000 Pollution Under Control Certificates were issued in a day.

19 Dec 2025 9:44 am
Mohanlals co-star graduates from London School of Economics, reveals parents huge sacrifice: They will go to any extent

Actress Esther Anil, known for her role in Drishyam, has graduated with a degree in International Development from the London School of Economics. Despite initial financial concerns and self-doubt, her parents' unwavering support enabled her to pursue this academic milestone, transforming her outlook on life and global issues.

19 Dec 2025 9:42 am
Avatar: Fire and Ash Twitter review: 9 tweets you must read before watching James Cameron's movie in India

James Cameron's Avatar: Fire and Ash has arrived in Indian theatres. Early reviews highlight stunning visuals and a powerful third act. While the storytelling receives mixed reactions, the film's scale and emotional core are praised. Audiences are discussing the new Fire Clan and character dynamics. The movie released in cinema halls today (December 19).

19 Dec 2025 9:42 am
Nike's China conundrum deepens as turnaround stagnates

Nike's China sales are falling for the sixth quarter. The company is struggling with competition and old stock. CEO Elliott Hill says Nike needs a new approach for the Chinese market. Online sales are down significantly. Nike is trying to sell more at full price. Analysts believe Nike has time to fix its China strategy.

19 Dec 2025 9:38 am
Rabindranath Tagore's painting sets new auction record at Rs 10.7 crore

Rabindranath Tagore's painting From Across The Dark shattered records, fetching a remarkable Rs 10.7 crore at an Astaguru auction. This masterpiece, gifted to the princess of Kasmanda in 1937, now stands as the highest-priced Tagore artwork globally. The sale highlights the enduring value and profound emotional resonance of the poet's late creative period.

19 Dec 2025 9:31 am
Nitish Kumar 'naqab' controversy: Pakistan-based gangster threatens Bihar Chief Minister, says 'don't say later warning was not given'

A Pakistan-based gangster has reportedly given threat to Bihar Chief Minister Nitish Kumar. He reportedly warned Nitish Kumar with dire consequences if he did not apologise to the Muslim woman doctor whose niqab (veil) was pulled down by him while handing over her appointment letter. Patna Police have registered an FIR and are probing the matter.

19 Dec 2025 9:23 am
Toyota aims to begin selling 3 Made-in-USA models in Japan from 2026

Toyota plans to sell its U.S.-made Camry, Highlander, and Tundra vehicles in Japan starting next year. This move aims to boost trade relations between Japan and the United States. The automaker is also increasing hybrid production and investing significantly in U.S. manufacturing facilities.

19 Dec 2025 9:22 am
UAE Weather Dubai Rain Alert: Check latest forecast for today and next few days

UAE Weather Dubai Rain Today: The UAE is experiencing unstable weather with heavy rain, strong winds, and cooler temperatures due to convective clouds and a low-pressure system. Authorities have issued warnings for road safety and travel, with rough seas also affecting marine activities. A cold snap is expected to follow the rainfall over the weekend.

19 Dec 2025 9:22 am
Trump's blockade of sanctioned Venezuelan oil raises new questions about legality

The Trump administration says its blockade is narrowly tailored and not targeting civilians, which would be an illegal act of war. But some experts say seizing sanctioned oil tied to leader Nicolas Maduro could provoke a military response from Venezuela, engaging American forces in a new level of conflict that goes beyond their attacks on alleged drug boats.

19 Dec 2025 8:55 am
Delhi Weather: Air quality remains 'very poor' at 387 AQI, thick smog persists in the city

On Friday, Delhi was enveloped in a thick haze as air pollution reached alarming levels, with the Air Quality Index soaring into the 'very poor' and 'severe' categories across numerous districts. In a proactive measure, Environment Minister Manjinder Singh Sirsa made rounds at petrol stations to ensure adherence to the 'No PUC, No Fuel' mandate.

19 Dec 2025 8:41 am
IndiGo flight status today: Check full list of cancelled flights from major Indian airports on December 19

IndiGo flight status today: On Friday, multiple IndiGo flights were cancelled from several airports due to dense fog and poor visibility in many parts of the country. IndiGo also issued a travel advisory saying that early morning fog in Delhi and across parts of northern India is affecting visibility and impacting flight operations. The airline said flight movements are being managed accordingly to ensure safe and orderly operations.

19 Dec 2025 8:39 am
Elon Musk's Starlink leases first office space with CorporatEdge in New Delhi

Elon Musk-owned Starlink has secured its first office space in northern India, leasing a 50-seater facility at Delhi's World Trade Center. This move, alongside OpenAI's similar decision, signals a strategic choice for proximity to the capital's power centers and a preference for flexible, premium workspace providers.

19 Dec 2025 8:35 am