The Economic Times
Elections 2026Economy / The Economic Times
A Delhi court permitted the CBI to conduct further investigation into the NEET paper leak. Fresh digital evidence and CFSL reports necessitated a deeper look into the case. The agency seeks to investigate individuals not yet listed as accused in the ongoing probe. The court had previously taken cognisance of the charge sheet against thirteen accused individuals. This development follows the cancellation of the NEET-UG exam amid paper leak allegations.
The BJP criticized Rahul Gandhi's comments on Prime Minister Narendra Modi's foreign policy. BJP spokesperson Sudhanshu Trivedi called Gandhi's remarks arrogant and indicative of madness. He questioned if Gandhi's actions were childish or part of a conspiracy. The BJP stated that Gandhi's language was rude and indecent.
PlayStation Plus subscribers receive new games this August, including Helldivers 2 and Kingdom Come. Vampire Survivors and Hell Is Us also join the Game Catalog for members. Premium subscribers can enjoy classic titles Onimusha and Disney's Atlantis. Helldivers 2 is available immediately, with other games arriving later. This month offers a varied selection of gaming experiences for all players.
France's top court has blocked a bill banning social media access for minors. The Constitutional Council cited infringement upon freedom of expression as its reason. The court stated the law failed to specify necessary legal safeguards for age verification. This decision prevents the implementation of the proposed age restriction for online services. The ruling impacts how minors can access certain digital platforms in France.
Quote of the Day by Frank Sinatra: Frank Sinatras quote, The best revenge is massive success, explores the power of turning criticism, rejection, disappointment, and setbacks into motivation for personal achievement. The quote suggests that instead of seeking revenge against those who have doubted or hurt you, true strength comes from focusing on success, self-improvement, and building a fulfilling life. It encourages people to let their accomplishments speak for themselves and to transform nega
India's defence exports reached Rs 38,424 crore in 2025-26, a substantial increase. This surge reflects a strong push towards indigenous defence production and manufacturing. The Defence Acquisition Council approved projects exceeding Rs 8.75 lakh crore recently. These initiatives aim to modernize the military and strengthen border areas. India is now an emerging power in global defence manufacturing and exports.
India and Japan are enhancing skill development cooperation for workforce mobility. Discussions focused on preparing Indian youth for employment opportunities in Japan. This includes industry-relevant training and Japanese language preparation. The partnership aims to build structured pathways with strong industry participation. Both nations seek to translate intent into clear action for youth.
On Saturday, the monsoon continues to be vigorous in various parts of India. Multiple states and Union Territories are predicted to experience heavy to very heavy rainfall along with widespread thunderstorms. Citizens are urged to stay vigilant due to the potential for strong winds and travel delays that may arise from the persistent monsoon conditions.
Eight workers died and five are missing after a toxic gas leak at a shipbreaking yard. The incident occurred on Friday at the Ferdous Steel Shipbreaking Yard in Chittagong. Authorities have formed a committee to investigate the fatal accident and ordered an audit. Safety procedures were reportedly flouted before cutting began on the vessel. The shipbreaking sector in Bangladesh faces ongoing scrutiny over its safety standards.
It is completely okay not to know what you want to be in life or not discover your calling until much later in your life. The only thing to do is be relentlessly determined and explore the road you have decided to take. In an old interview, superstar Johnny Depp told fans - it is never too late to find your calling, but you must be sincere to stick to it.
India's foreign exchange reserves saw a jump of over fourteen billion dollars. Foreign currency assets and gold reserves contributed substantially to this overall increase. The Indian Rupee also appreciated slightly against the US dollar on Friday. Forex traders noted pressure on the rupee due to fund outflows and oil prices. Overall reserves have risen considerably since March and over the past year.
Coriander prices have surged significantly after heavy rains disrupted essential vegetable supplies. Ginger and garlic prices also show substantial year-on-year increases, impacting household budgets. Unusually complicated monsoon patterns are affecting crop development and market arrivals across India. Rice and sugar prices are also beginning to add pressure to the food basket. This mixed inflation picture contrasts sharply with the previous year's broad price declines.
Tewolde Gebremariam met senior Air India executives during his first visit to India. He will assume the CEO and MD roles next month from Campbell Wilson. Gebremariam brings extensive aviation experience from his time at Ethiopian Airlines. Air India is currently pursuing ambitious expansion plans amid challenges. Tata Group acquired the airline in January 2022.
India's Logistics Data Bank has successfully tracked ten crore export-import containers. This digital platform enhances domestic manufacturing and international trade corridor expansion. Technology integration simplifies and speeds up logistics operations across the nation. The system monitors container movements using RFID and IoT technologies. This milestone supports India's vision for a developed nation.
Artificial intelligence presents a transformative chance to boost educational experiences by clarifying intricate concepts and encouraging self-directed learning. The Economic Times' 'AI for Academic Excellence' initiative is designed to help students utilize AI wisely, transitioning from answer-seeking to genuine comprehension. A complimentary introductory session on August 15th welcomes students, parents, and educators to discover this groundbreaking approach to academic improvement.
India's coal consumption is set to hit 1.6 billion tonnes by 2030, prompting the need for clear market-oriented pricing strategies. Establishing a coal exchange will create a neutral trading ground for buyers and sellers, enabling fair price determination. This initiative aligns with the nation's goals of enhancing energy reliability and promoting industrial advancement.
Quote of the day by Audrey Hepburn: Audrey Hepburn beautifully encapsulates the journey of life, metaphorically likening it to a dinner where the sweetest joys often come towards the end. Her own experiences, marked by resilience in the face of adversity, serve as a powerful testament to this truth. In an era dominated by instant gratification, Audrey Hepburn's quote encourages us to cultivate patience and truly savor the rewarding moments life has to offer.
The Finance Ministry has advised central government entities against strict turnover and payroll criteria. These requirements on the GeM portal can unnecessarily restrict competition for consultancy services. A study revealed high turnover and staff strength requirements exceeding project needs. The department emphasizes adhering to procurement manual guidelines for eligibility criteria.
The White House has placed India among countries at highest risk of being used to circumvent US tariffs on Chinese goods, citing an estimated $67 billion in goods allegedly transshipped through India, Mexico and Vietnam in 2025. However, the Global Trade Research Initiative (GTRI), led by Ajay Srivastava, has challenged the evidence, noting that the report does not disclose India's share of the figure or identify any Indian exporter or specific fraudulent shipment. The story examines the US alle
Celebrating love and friendship, Yana, a Russian expat in Bengaluru, honoured her Indian nanny, Savitha, on her birthday by presenting her with a beautiful cake a first for Savitha! The caring nanny, who looks after Yana's daughter, was deeply moved by this thoughtful act, sparking heartfelt reactions online. The touching scene illustrates how small gestures can create lasting connections across cultures.
The expansion of Indian international spending is rapidly increasing annually. The hidden costs of forex mark-up on credit cards can significantly inflate overseas purchases. Opting for zero forex mark-up cards provides considerable savings for those who travel often. As consumers assess credit cards based on avoided costs and enhanced experiences, grasping these transaction economics becomes essential for more informed global spending.
George Clooneys perspective on ageing offers a lesson in acceptance and living with greater peace. In an interview with CBS Sunday Morning, the two-time Oscar winner said, Ageing or death, these are two options, right? I am okay with it. I feel more grounded and less angry. He explained that growing older has made him less concerned about always being right and more focused on family, loved ones and experiences beyond work. Clooney said he plans to keep working but no longer wants work to fill h
Migsun Group will invest Rs 350 crore in Lucknow for studio apartments. This project will cater to growing demand for compact residential and commercial spaces. The company also announced a Rs 250 crore investment in Delhi's Rohini serviced apartments. These luxury serviced apartments will offer fully managed living experiences. Both projects are expected to be delivered within three years.
Sadhguru says happiness depends less on life choices and more on how we experience them. Marriage, divorce, career changes or remaining single are not inherently right or wrong, he suggests. The real problem begins when people turn circumstances into misery. His message is to learn how to move through every experience joyfully, making life enriching rather than creating suffering.
Exports to Singapore and Sri Lanka more than doubled in the first quarter. Shipments to the ASEAN region also saw significant growth during this period. Malaysia and Australia experienced substantial increases in their export figures. The India-UK trade agreement operationalized, boosting shipments to the UK. Overall, India's exports demonstrated robust growth across multiple FTA partners.
Adani Energy Solutions has acquired Vizag Power Transmission from RECPDCL. This acquisition supports Adani's strategy for shareholder value enhancement. The deal follows a recent transmission project win in Andhra Pradesh. Vizag Power Transmission will facilitate green hydrogen and ammonia projects.
The World War Two memorial in Washington was vandalised with soap and graffiti. Police and National Guard troops responded to the desecrated sacred place of remembrance. Investigators are working to identify the individuals responsible for this unacceptable act. The Interior Department stated the vandalism will not be tolerated by authorities. This incident occurred while the United States grapples with national pride and unity.
In a bizarre turn of events, a student orchestrated his own abduction as a means to settle online gaming debts. Crafting an AI-generated image, he sent alarming ransom texts to his father. Swift police investigation located the teen at a friends residence within mere hours. Confronted by authorities, he confessed to concocting the scenario under intense pressure. He was returned home safely after a thorough questioning process.
The iPhone X has officially become an obsolete product for Apple. This device established a premium design language for subsequent iPhone generations. Apple is now reportedly planning a major redesign for the iPhone's 20th anniversary. The 2027 models may feature a new glass-heavy design with curved edges.
MakeMyTrip and the Ministry of Tourism have launched over 350 guided tours. These tours are now bookable on the MakeMyTrip platform starting August 15. The initiative aims to showcase India's diverse heritage and culture to travelers. Local experts will lead these unique experiences across more than sixty cities. This partnership seeks to inspire Indians to explore their own country.
A study of 203 birds across 15 passerine species found that birds better at solving physical puzzles were more innovative in the wild and had larger brains. Researchers discovered that self-control, associative learning and reversal learning did not predict innovation. The findings suggest that developing novel physical solutions may be a more important form of intelligence than other commonly measured cognitive abilities.
The best way to lower high blood sugar is not just through diet but also by being physically active. Taking to Instagram, Neal K. Shah, a Johns Hopkins-funded caregiving researcher, shared in a viral video how walking after dinner can go a long way in lowering blood sugar levels.
Awfis Space Solutions reported a 27% year-on-year rise in revenue from operations to Rs 425 crore in Q1FY27, driven by sustained enterprise, GCC and multi-centre demand. EBITDA rose 28% to Rs 162 crore, while the company expanded its network to 251 centres with nearly 170,000 seats across 18 cities.
The Allahabad High Court has ruled against the imposition of blanket debit freezes in cybercrime cases, emphasizing that such measures must be proportionate to the suspected proceeds of crime. Banks are directed to unfreeze accounts beyond the disputed transaction sum, and investigators are now required to furnish specific details when seeking a lien. This ensures that enforcement actions remain just and within legal frameworks.
Ignoring traffic challans in India leads to escalating consequences. Unpaid fines remain on record and may attract additional penalties. Cases can be referred to court, leading to ex-parte rulings and summons. Unresolved challans can affect vehicle registration renewal and insurance policies. Buyers will see pending fines during car resale, impacting the sale price.
Mahindra Truck and Bus launched the BLAZO i-TRK heavy commercial vehicle. This new truck offers improved fuel efficiency and fleet profitability. It features India's first AI-enabled automatic drive mode for efficiency. The vehicle is powered by a 7.2-litre, 320 HP mPOWER engine. Mahindra also provides an industry-first 48-hour uptime guarantee for customers.
If you already have an Apple TV subscription, there is some good news. You can now watch a selection of popular Hollywood movies without paying extra to rent or buy them.Apple has added a collection of older hits to its streaming catalogue, including The Martian, Arrival, Titanic, The Sixth Sense and Gone Girl. The movies are available through a new Great Movies Available Now on Apple TV section in the Apple TV app.For viewers who usually have to rent these movies separately through the Apple TV
CA Nitin Kaushik highlighted the paradox that women may invest more wisely than men yet retire with less wealth. He attributed this to lower invested capital, career interruptions and excessive allocation to low-growth assets. Womens longer-term financial security can improve by starting earlier, maintaining investments during career breaks, diversifying portfolios and understanding their own finances. Kaushik stressed that financial independence requires both disciplined investing and enough ti
Authorities rescued four children from a New Delhi supplier, prompting investigations. Eureka Forbes and Havells are checking their supply chains for child labor. Hindustan Unilever denied the vendor was a business partner. The National Human Rights Commission ordered urgent supply chain checks. Companies profiting from child labor face serious allegations and scrutiny.
Gen Z employees are in no mood to tolerate exploitative company policies or prioritise work over life and personal commitments. An X post that explored how an employee outsmarted an HR officer who refused him remote work is going viral.
R Madhavan shared a video highlighting Sugata Mitras 1999 experiment, where children in India taught themselves computer skills and basic genetics without formal instruction. With access to technology and encouragement from an adult, their test scores improved from 30% to 50%. The experiment offers parents a powerful lesson: instead of immediately providing answers, give children tools, space to explore, supportive peers and encouragement.
India's wholesale inflation eased to 9.78% in July from June's 9.87%. Fuel and power basket inflation decreased significantly to 20.05% in July. Primary articles saw inflation rise to 8.52% and manufactured products to 8.29%. The WPI food index recorded inflation of 6.65% in July. This data follows retail inflation's rise to 4.45% in July.

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