The Economic Times
Elections 2026Economy / The Economic Times
Narayana Health and the New Development Bank have signed a knowledge-sharing agreement. This partnership aims to strengthen smart hospital capabilities and patient-centric healthcare services. The collaboration will focus on digital health and technology transfer for emerging economies. NDB president Dilma Rousseff and Narayana Health chairman Dr Devi Shetty signed the memorandum. This initiative supports NDB's mission to finance development projects in emerging markets.
Jaro Education reported a 48.27% year-on-year rise in profit after tax to Rs 11.16 crorefor the quarter ended June 30, 2026, compared with Rs 7.53 crore a year earlier. Its total income increased 19.43% to Rs 72.62 crore.
Commerce Secretary Rajesh Agarwal says India-US trade talks remain on track despite tariff shifts, as both sides stay committed to February's framework deal amid a looming Russian oil tariff bill in the US Senate.
Indian banking system deposits have reached a record high after recent significant growth. This surge is primarily supported by dollar inflows into banks from a central bank scheme. The Reserve Bank of India's foreign-currency non-resident scheme attracted substantial foreign currency deposits. These inflows have helped boost overall banking system deposits to a new record level. Credit conditions are expected to remain strong as deposit growth continues.
In a recent interview with director-turned-YouTuber Farah Khan, Union Minister for Road Transport and Highways Nitin Gadkari revealed how he lost a whopping 46 kgs. He said that his weight loss journey was purely a product of discipline and not compromising on being active.
New Jersey enacted the Kids Code Act, which will regulate online services for minors. This law aims to increase platform responsibility for child user engagement and data. Notifications will be restricted, and parents will gain legal recourse for violations. Children's data usage and algorithmic recommendations will face new limitations. The act seeks to balance technology's benefits with protections for young users.
Harbhajan Singh explained his move from AAP to BJP citing unaddressed concerns within his former party. He felt his ideas for sports promotion were not heard by the Aam Aadmi Party leadership. Protests occurred at his home after he joined the Bharatiya Janata Party this April. Singh questioned AAP's unfulfilled promises regarding Punjab's significant drug abuse problem. He emphasised his commitment to India and Punjab's welfare above political discourse.
N Chandrasekaran's resignation as chairman of Tata Sons highlights rising tensions with the controlling Tata Trusts, which owns 66% of the holding company. This shake-up raises alarms over potential instability within the conglomerate. Investors express unease regarding the group's capacity to pursue independent goals, especially as it navigates losses in aviation and e-commerce while striving to launch global products.
An Indiana Tim Hortons employee will not face criminal charges after a fight with a 75-year-old customer who later died. Prosecutors explained why the workers injuries, including facial scratches, bruising and hair pulled from her scalp, played a key role in the decision. The employee's use of force during the altercation at Tim Hortons was justified as 'defense', the prosecutors said.
Black Hole Star Discovery: Astronomers using Nasas James Webb Space Telescope may have discovered a new type of cosmic object called a black hole star. The strange red object, known as MoM-BH*-1, appears to combine features of stars and black holes and could offer new clues about how galaxies and supermassive black holes formed in the early universe.
Daimler India Commercial Vehicles plans a significant Rs 4,000 crore investment in Tamil Nadu. This expansion will strengthen its BharatBenz brand and create approximately 400 new jobs. The investment aims to enhance product development and manufacturing capabilities for rising domestic demand.
Hinduja Group plans a significant Rs 2,500 crore investment across its Tamil Nadu businesses. This includes renewable energy projects and electric mobility solutions. The group will develop over 200 MW of clean energy generation capacity. Electric buses will be operationalised for public transport in the state.
Nearly 90 years after Amelia Earhart vanished during her attempt to fly around the world, a new expedition is bringing fresh attention to one of aviations biggest unsolved mysteries. Researchers are preparing to investigate a puzzling lead in the Pacific that could change what is known about the famous pilots final journey. The search comes after decades of theories, expeditions and failed attempts to find definitive answers about Earhart and her missing aircraft.
India's electronics export industry has experienced a remarkable increase, soaring over elevenfold to reach Rs 4.24 lakh crore by FY2025-26. This impressive growth positions India as the second-largest mobile phone manufacturer globally, with Rs 2.59 lakh crore in exports. The sector has generated twelve lakh jobs.
A parliamentary panel has backed govt efforts to improve insolvency recovery, seeking urgent action to prevent fund diversion during insolvency proceedings. The committee noted a significant gap between avoidance transaction values and actual recoveries.
An X user recently shared how he deftly turned the tables on an HR who tried to punish him by cutting off his bonus for using his personal phone during office hours
Christopher Nolans The Odyssey, starring Matt Damon, Anne Hathaway, Tom Holland and Robert Pattinson, hit theatres on July 17. While its official OTT release date remains unconfirmed, reports suggest it could arrive on JioHotstar in India. A PVOD release may come in the last week of August, though Nolans Oppenheimer took around four months to reach streaming platforms after its theatrical run.
Air India now mandates psychoactive substance testing for all pilots. This new internal measure enhances safety protocols beyond DGCA requirements. Previously, the airline followed DGCA rules for random testing of personnel. The Phuket incident prompted Air India to tighten its internal safety checks.
A fourth railway line has been approved for the strategically important Chicken's Neck corridor. This crucial link connects the Northeast with the rest of India. Infrastructure initiatives include a nearly 29-km double-line underground project near Bagdogra. New local train services are planned from Jogbani, Radhikapur and Balurghat soon.
The government has warned Air India to take responsibility for safety after the August 4 Phuket-Delhi flight scare and ordered DGCA to tighten aviation personnels drug-testing rules. The regulator has been asked to expand mandatory testing and impose tougher penalties for genuine drug violations while allowing more chances in medicine-related positive tests.
JioStar launches a new campaign celebrating Indian Premier League football fans. The campaign features Tiger Shroff and cricketers Sanju Samson and Riyan Parag. It highlights the passion and loyalty of fans supporting their favorite clubs. The 2026/27 Premier League season begins August 22 and runs until May 30.
Indias merchandise trade deficit widened to $31.98 billion in July from $30.43 billion in June, exceeding economists estimate of $30.20 billion, according to a Reuters poll. Merchandise exports rose to $44.24 billion from $40.41 billion in June, but imports increased more sharply to $76.22 billion from $70.84 billion.
Henry Fords quote, Chop your own wood, and it will warm you twice, highlights the happiness that comes from hard work and self-reliance. The saying suggests that effort brings a double reward: the practical result and the satisfaction of achieving it yourself. Ford, founder of Ford Motor Company, transformed the automobile industry with the Model T, making cars accessible to middle-class Americans.
Indias gem and jewellery exports remained nearly flat in July 2026, rising 0.38% year-on-year in dollar terms to $2.35 billion, while rupee-denominated exports increased 11.68% to Rs 22,511.64 crore, according to GJEPC data. Gold jewellery drove growth, with exports rising 8.73%, while studded gold jewellery jumped 21.36%.
An X user recently shared a powerful anecdote about how the HR officers rude attempt to fire her unceremoniously backfired completely.
China will continue anti-dumping duties on Indian optical fibre for five years. This decision follows a review which concluded dumping could harm China's industry. Existing tax rates will remain unchanged for various Indian exporters. Duties were first imposed in August 2014 and extended previously. The measures will remain in effect starting this Friday.
Jennifer Anistons Japanese-inspired garden offers budget-friendly ideas for creating a calm outdoor space. Beginners can recreate the aesthetic with layered greenery, natural stones, bamboo, simple pathways and a small water feature instead of expensive landscaping. Keeping colours restrained and leaving open spaces can make even small gardens feel peaceful. Rather than copying Anistons entire garden, choose one focal area and adapt its Japanese-inspired elements to your space and budget.
Eleven Indian clean industrial projects will receive tailored support from the Industrial Transition Accelerator. These initiatives represent over eighteen billion dollars in potential investment and significant carbon abatement. Companies like Jindal Steel and JSW Steel are developing carbon capture technologies. ACME Group and ReNew are advancing green ammonia and methanol production facilities. Circular Urban Energy will produce sustainable aviation fuel from waste materials.
Motilal Oswal Group has committed Rs 1,500 crore to Inox Clean Energy Ltd through compulsorily convertible debentures to fund acquisitions and growth. The initial Rs 1,000 crore has been deployed, with the remaining Rs 500 crore expected soon. This hybrid capital investment aims for an equity conversion upon Inox Clean's potential IPO within 12-24 months, offering downside protection and equity upside.
Ankur Warikoo recalled flying to the US in 2002 with a Rs 55,000 loan taken by his father, hoping to become a space scientist and join NASA. He later realised he was good at his chosen path but did not love it and dropped out. Twenty years later, Michigan State invited him back as an alumni speaker. Warikoo said he succeeded because he never gave up on himself.
In an interview, Anderson Taylor, the worlds youngest museum curator, explained how he discovered his passion for fossils at the tender age of three and how he eventually established a museum at the age of 9. He now is the curator of the Cambridge Natural History Museum in Illinois.
Indias FMCG market is becoming more difficult for smaller brands, with only 56% of low-penetration brands growing their consumer reach in 2025, compared with 83% of highly penetrated and 78% of mid-sized brands. Overall FMCG consumer choices rose 5.1% to 129 billion, while brands such as Balaji, Rin, Sunrise and Exo gained ground.
Harrison Fords Arizona State University commencement speech offered a powerful lesson on living without regrets. The Star Wars actor urged graduates to use their talents, find their voice, recognise opportunities and make every moment count. His thought-provoking question, What could be worse than getting to the end of your life and realizing that you haven't fully lived it?, encouraged students to stop waiting, embrace their potential and live life fully.
Larsen & Toubro will build India's largest single-cluster artificial intelligence infrastructure facility. This project marks the company's entry into the AI Factory business. The facility will house ten thousand NVIDIA B300 GPUs for AI workloads. It will combine hyperscale data center infrastructure and accelerated computing capabilities.
Tamil Nadu's government signed ninety-seven new MoUs totaling over sixty-seven thousand crore rupees. These agreements were exchanged at the Vettri Tamil Nadu Investors Conclave 2026 event. The pacts are expected to generate employment for more than one lakh individuals across various sectors. Key industries benefiting include automotive, renewables, and life sciences. Electronics, R&D, and data centres also represent significant investment areas.
Parliament has approved the Mines and Minerals (Development and Regulation) Amendment Bill, 2026. This legislation aims to enhance mineral exploration and development across India. It provides greater flexibility for mining lease holders regarding additional mineral inclusions. The bill also removes restrictions on the sale of minerals from captive mines.
Vibrio Vulnificus Louisiana Outbreak: Louisiana has reported five deaths linked toVibrio vulnificusinfections, raising concerns about the flesh-eating bacteria found in warm coastal waters. Here is what to know about the outbreak, oysters, symptoms and safety precautions.
Harbhajan Singh defends Gautam Gambhir against criticism for his coaching methods. He acknowledges Gambhir's straightforward approach may be difficult for some to accept. Gambhir's coaching saw India win major tournaments while facing Test defeats. Harbhajan believes Shubman Gill is an ideal leader for the Indian cricket team. He rates Gill highly as a cricketer and a human being.
Tata Trusts said Sir Ratan Tata Trust (SRTT) cannot participate in its meeting due to restrictions imposed by the Charity Commissioner, preventing SRTT and Sir Dorabji Tata Trust from jointly nominating three members to the search committee for N Chandrasekarans successor. Tata Trusts may seek urgent legal relief, while Tata Sons reviews whether its August 18 AGM can proceed.
Kitchen cabinet shelves often attract dust and sticky residues, turning cleaning into a difficult task. However, a clever hack using aluminum foil creates a barrier over these shelves, capturing spills and crumbs before they cling to the surface. Once the foil gets dirty, simply peel it off and lay down a fresh piece. This technique streamlines kitchen upkeep and prolongs shelf cleanliness, making your space more manageable.
Maharashtra plans to make Marathi language knowledge mandatory for all cab drivers. Drivers failing to meet this requirement face potential license suspension or cancellation. The state transport minister confirmed the August 15 deadline for compliance. This rule aims to improve communication and ensure safer journeys for passengers.
Josh Kushner, founder of Thrive Capital, is set to buy the Los Angeles Lakers alongside former Disney CEO Bob Iger in a reported $12.5 billion deal. The blockbuster transaction has put Kushner in the spotlight, raising interest in the businessmans career, multibillion-dollar fortune, family background and rise from tech investor to NBA team owner.
US Energy Secretary Chris Wright claims nearly nine million barrels daily leave the Strait of Hormuz. Vessel tracking services, however, report volumes closer to half this amount. Total Middle East crude exports remain below pre-conflict levels, according to tracking data.
Britain's economy saw unexpected growth in June, with gross domestic product rising. The economy expanded by 0.4% during the second quarter, exceeding forecasts. Keir Starmer resigned as prime minister amid political uncertainty during this period. New Prime Minister Andy Burnham pledged to lower business costs and address household expenses. The Iran war is expected to slow future growth due to rising energy prices.
Indias domestic passenger vehicle dispatches to dealers rose 34.3% year-on-year to 4.58 lakh units in July, according to SIAM. Two-wheeler sales increased 22.6% to 19.23 lakh units, while three-wheeler dispatches grew 33.4% to 92,560 units compared with July 2025.
Automakers privately expressed concerns about E20 fuel contamination, citing chloride and moisture issues. This data emerged after the auto lobby withdrew a complaint to the government. Industry tests found high chloride and moisture levels in many fuel samples. These contaminants are reportedly harming vehicles and reducing performance.
Indias economy is showing resilience five months after the Iran war sparked fears of inflation and a downturn. Inflation remains within the RBIs tolerance band, while vehicle sales, credit growth and GST receipts point to firm demand. Strong corporate balance sheets and festive-season spending are further bolstering optimism despite renewed oil and currency risks.

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