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The Economic Times

Economy / The Economic Times

JSW Neo, Bhutan's DGPC ink pact to jointly develop 920 MW Punatsangchhu-III project

JSW Neo Energy has partnered with Bhutan's Druk Green Power Corporation to jointly develop the 920-MW Punatsangchhu-III hydroelectric project in Bhutan. This venture marks JSW Energy's first power generation project outside India.

12 Aug 2026 3:27 pm
ChargeZone, Landmark Cars announce strategic partnership

Customers purchasing electric vehicles from any Landmark dealership across India will receive charging benefits on ChargeZone's nationwide fast-charging network, bringing charging benefits into the EV ownership journey from the point of purchase, a company statement said.

12 Aug 2026 3:17 pm
60% CEOs and CFOs believe AI has made it harder to predict office space requirements

Artificial intelligence is accelerating business pace, prompting companies to rethink office space needs. Leaders are moving away from fixed real estate commitments towards flexible workspace strategies. India leads global AI adoption, with its Global Capability Centres driving office leasing. Companies are actively shifting real estate costs from fixed to flexible models.

12 Aug 2026 3:16 pm
Georgian proverb of the day: 'Do not blame the sun for the darkness of the night.' ; life lessons on how not to blame others for your bad luck, but to own your mistakes and look for solutions

It is extremely common to want to blame others for your mistakes or to create a boogeyman that has caused misfortune in your life. However, in most cases, it does nothing other than ruin your mental health and make you more bitter. An old proverb suggests, we should look inwards and take accountability.

12 Aug 2026 3:15 pm
India's exports rise 15% in April-July; Commerce Minister Piyush Goyal confident of $1 trillion target

India's exports saw a 15 percent increase during the first four months of this fiscal year. The Commerce Minister expressed optimism about reaching the $1 trillion export target by 2026-27. Nine free trade agreements have been concluded in the past four years. These agreements have opened many new possibilities for domestic industries.

12 Aug 2026 2:57 pm
Indias EV charger network crosses 67,600 as FAME-II supports 16.7 lakh vehicles

India has installed over 67,000 electric vehicle chargers nationwide. The FAME India Phase-II scheme supported 16.72 lakh electric vehicle sales. Over 5,000 electric buses have been deployed under the FAME-II scheme. Other government initiatives have also boosted electric vehicle sales significantly. Reduced GST and green license plates further encourage electric vehicle adoption.

12 Aug 2026 2:57 pm
Happiness Habit of the Day from American author Jim Rohn: 'The walls we build around us to keep out the sadness also keep out the joy.' Motivational speaker on how fear of sadness can limit the joys of life

Happiness habit of the day: Jim Rohn's quote emphasizes that emotional defenses can shield us not only from grief but also from the embrace of joy. These self-imposed barriers often foster a culture of emotional aloofness in todays world, which leads to loneliness and a tenuous grasp on happiness. To truly thrive and develop sincere connections, one must courageously accept vulnerability. This approach cultivates a richer life where openness triumphs over fear.

12 Aug 2026 2:50 pm
India plans insurance reforms to rein in healthcare costs, sources say

India is considering sweeping health insurance reforms to standardise treatment rates, coverage and billing, while expanding a nationwide claims exchange, sources said. A regulatory panel is expected to submit recommendations by year-end as authorities seek to curb medical inflation, reduce fraudulent claims and encourage greater insurance coverage across the country.

12 Aug 2026 2:40 pm
Central Bank of India mobilises $250 million under FCNR (B) window: CEO Kalyan Kumar

Central Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million for July. The bank raised these funds through its GIFT City branch and aims for $400 million by September. The Reserve Bank of India introduced this special window to boost foreign capital inflows.

12 Aug 2026 2:32 pm
FCRA Amendment Bill 2026 referred to joint parliamentary committee for review

The government has initiated a proposal to refer the Foreign Contribution (Regulation) Amendment Bill, 2026 to a Joint Committee of Parliament. This significant bill will engage thirty-one members from the Lok Sabha and Rajya Sabha, tasked with scrutinizing its contents and offering recommendations, with a report expected by the Winter Session of 2026.

12 Aug 2026 2:29 pm
Listed developers eye Rs 1.82 lakh crore pre-sales in FY27 as housing demand holds firm: Report

Leading Indian developers anticipate substantial pre-sales growth in fiscal year twenty twenty-seven. Combined pre-sales are projected to reach one point eighty-two lakh crore rupees. Steady end-user demand and strong launch pipelines fuel this upward trajectory. Most developers are expected to report positive pre-sales growth, with some seeing over twenty percent increases. This indicates broad-based expansion across the organized housing sector.

12 Aug 2026 2:18 pm
Quote of the day by Hollywood icon Bette Davis: 'If you have never been hated by your child, you have never been a parent.' The First Lady of the American Screen on the difficult realities of parenting

Quote of the day by Bette Davis: Bette Davis, the beloved Hollywood star, once asserted that true parental love can breed feelings of resentment in children. She provocatively noted that if you haven't faced hatred from your child, you likely haven't embraced the full spectrum of parenting. This candid quote sheds light on the challenging need for guidance and boundary-setting, encouraging parents to prioritize enduring well-being over fleeting approval in a world obsessed with immediate validat

12 Aug 2026 2:05 pm
SBI uses AI to underwrite nearly Rs 1 lakh crore in MSME loans in FY26

State Bank of India underwrote nearly one lakh crore rupees in MSME loans using artificial intelligence. AI is also automating the processing of cheques up to ten thousand rupees. This technology frees up relationship managers' time for other important tasks. The bank deploys AI across the customer lifecycle for various functions. Benefits include improved customer satisfaction and employee efficiency.

12 Aug 2026 1:59 pm
Security, facility management sector may grow 9-10% this fiscal: Crisil Ratings

Indias organised security and facility management sector is projected to grow 9-10% this fiscal, after 15% annual growth during FY23-FY26, driven by manufacturing, warehousing, real estate and infrastructure demand, Crisil Ratings said.

12 Aug 2026 1:58 pm
Employee earns almost Rs 1 lakh per month, yet reveals they have financial trauma: 'We will literally lose our home...'

A Reddit user revealed in an emotional post that even after they and their family achieved a semblance of financial stability, they are still suffering from paangs of financial trauma and cannot pursue any of their dreams or leave their job if they felt like it.

12 Aug 2026 1:56 pm
Listed developers pre-sales set to jump 22% to 1.82 lakh crore in FY27

Indias top listed developers are set to post 22.3% growth in combined pre-sales to 1.82 lakh crore in FY27 from 1.49 lakh crore, Anarock estimates. Oberoi Realty is expected to lead growth, while most developers benefit from strong housing demand and rising premium home sales.

12 Aug 2026 1:52 pm
Are pigeons ruining your garden plants and balcony? A simple aluminium foil trick may keep them away

Garden lovers can easily fend off pesky pigeons with a clever use of an aluminium foil hack. By making foil into balls and hanging them up, you can create shiny reflections that deter birds. Additionally, laying strips of foil under soil can prevent birds from digging up your precious plants. If you're concerned about pigeons landing on your balcony, attaching long strips of foil to railings will keep them at bay.

12 Aug 2026 1:09 pm
Cauvery water dispute: SC to hear on August 17 pleas urging direction to Karnataka to release water to Tamil Nadu

The Supreme Court will hear Tamil Nadu's plea on August 17. This hearing concerns Karnataka's compliance with Cauvery water release orders. The matter was postponed due to a judge's illness, which caused a delay. Tamil Nadu seeks enforcement of the Cauvery Water Management Authority's directives. The court aims to ensure Tamil Nadu receives its rightful water share.

12 Aug 2026 1:05 pm
Supreme Court to hear plea raising issue of disruption of essential services during protests

The Supreme Court will hear a plea concerning essential service disruptions during protests. Counsel informed the bench about disturbances to ingress and egress. The court questioned how to issue a specific direction for such issues. This petition was tagged with a pending plea regarding Jantar Mantar protests.

12 Aug 2026 1:02 pm
Why everyone is talking about Yesteryear: The viral book Anne Hathaway bought rights to before it was published

Caro Claire Burke's debut novel Yesteryear has become a significant social media phenomenon. The book explores themes of American fantasy and the performance of womanhood. Anne Hathaway acquired film rights before the novel's official publication date. Yesteryear has spent seventeen weeks on the New York Times bestseller list.

12 Aug 2026 12:58 pm
'Amit Shah has no courage': LoP Rahul Gandhi says Opposition wants answers, not 'lecture'

Rahul Gandhi rejected Amit Shah's debate offer on student protests, demanding accountability. He questioned who ordered the alleged police action against students during recent protests. Amit Shah stated the government is ready for a detailed parliamentary discussion on the matter. He countered accusations of absence, citing opposition disruptions in Parliament. The standoff has caused repeated disruptions in both houses of Parliament.

12 Aug 2026 12:56 pm
N Chandrasekaran: From TCS trainee to Tata titan, the Ratan Tata pick signs off

N Chandrasekaran resigned as Tata Sons chairman, ending his nearly decade-long tenure, with his term set to expire in February 2027. His reappointment had received support from Tata Trusts, the nomination committee and board but stalled after opposition from one director. Under Chandra, Tata expanded into aviation, semiconductors, electronics, batteries and digital businesses, while group revenues and profits rose sharply.

12 Aug 2026 12:55 pm
Ola Electric gets revised ACC PLI timeline, eyes Rs 7,240 crore incentive payout through 2031

Ola Electric's subsidiary received revised timelines for the ACC PLI scheme. This approval secures a full five-year incentive window through calendar year 2031. The company expects to unlock cumulative incentives of up to Rs 7,240 crore. Ola Electric is expanding its cell manufacturing capacity to meet these new targets.

12 Aug 2026 12:54 pm
India's small steelmakers could save money and cut emissions with switch to renewable power

Smaller steel firms in India can reduce electricity bills by one-third and cut carbon emissions by adopting renewable energy, which will offer substantial annual cost savings for these companies. For them, joint investments in clean power projects present a practical and viable solution. High costs and regulatory hurdles currently make this essential clean energy transition slow.

12 Aug 2026 12:42 pm
Actor Madhavan salutes TCS techie-turned Indian Air Force female pilot Bhawana Kanth, India's first woman 'Top Gun'

R Madhavan, who will next be seen in GDN, recently celebrated Bhawana Kanth's groundbreaking accomplishment as the first woman FCL pilot. Kanth previously made headlines by participating in India's Republic Day parade and was among the first three women fighter pilots commissioned in 2016. Madhavan once aspired to join the army but exceeded the age limit, having gathered military experience during his NCC training with British forces.

12 Aug 2026 12:26 pm
Instagram, YouTube music use could be costing Indias music industry Rs 350 crore a year

Indian music labels face over Rs 350 crore annual sync revenue loss. Unlicensed music use on social media platforms causes this significant financial impact. ContentLens offers an AI-powered solution to detect and recover this lost revenue. Their new managed Enforcement Service handles the entire process for music labels.

12 Aug 2026 12:16 pm
Reacher 4 OTT release date out. When and where to watch latest season of superhit American action crime TV series?

In the fourth season of this gripping action drama series, former U.S. Army military police officer Jack Reacher will find himself embroiled in a dangerous conspiracy that may involve powerful government officials.

12 Aug 2026 12:07 pm
Bengaluru techie earns over Rs 1 crore per year, yet doesnt own an apartment and drives an old car; reveals why he would be happier earning Rs 1 lakh per month: I am chasing'

A Bengaluru-based techie revealed his incredible journey from earning just Rs 14,000 per month to getting a whopping Rs 1 crore per year. Yet, despite his financial prosperity, he revealed he was far from happy and was at his happiest when he was earning just Rs 20,000 per month.

12 Aug 2026 11:44 am
IndiGo flight from Kolkata lands safely in Chennai after left engine issue; full emergency withdrawn

Chennai Airport declared a full emergency for IndiGo flight 6E-723 from Kolkata after the aircraft developed a left engine inoperative condition. The aircraft landed safely on Runway 25 at 11:37 PM with 224 people onboard. Emergency arrangements were activated before landing and withdrawn at 11:47 PM. Airport operations remained normal, authorities said.

12 Aug 2026 11:25 am
Bananas and patience: At 16, he rescued a lost baby elephant. Now, this Assam man shares an unbreakable bond with the animal at Kaziranga National Park

In the heart of Kaziranga National Park, Bipin Kashyap from Assam has forged an extraordinary bond with elephants, starting with a young encounter with Bhima. His journey of compassion led him to rescue and nurture injured and abandoned elephants. Recently, he joyously celebrated Momo's first birthday with a delightful feast, illustrating the profound connections achievable between humans and these majestic creatures.

12 Aug 2026 11:19 am
India may have found the key to unlock its $5 trillion sleeping fortune

India plans to revamp its Gold Monetisation Scheme by involving jewellers, aiming to unlock household gold holdings estimated at 25,000-50,000 tonnes. Jewellers may get 0.75%-1% incentives, while cheaper domestic gold could lower financing costs. The scheme could reduce imports, which hit $71.9 billion in FY26. Trust, transparency and efficient gold tracking remain key challenges.

12 Aug 2026 10:57 am
Goa sees surge in monsoon travel searches as Indians embrace micro-cations

Goa sees a surge in monsoon travel and short micro-cation trends. Domestic searches for these trips have increased significantly year-on-year. Travelers now prefer spontaneous weekend getaways and short holidays. The state offers lush landscapes, local culture, and immersive experiences during the rainy season.

12 Aug 2026 10:36 am
Living in 4 BHK near Manali. Couple working remotely in the mountains break down their monthly expense of Rs 50,000

Divya and Saurav detailed their monthly expenses for living in the mountains near Manali, totaling fifty thousand rupees. This budget covers rent, groceries, leisurely meals out, and fuel. They've found utilities, such as electricity and water, to be quite reasonable, though Wi-Fi incurs additional costs. Thankfully, their outdoor excursions often cost nothing, allowing for extensive adventures in nature.

12 Aug 2026 10:17 am
No IIT, IIM. Techie reveals how he went from Rs 37K per month to Rs 2.2 crore LPA dream job: I dont come

A tech professional recently outlined his incredible professional journey on Reddit. Sharing that although he began his career with a humble salary of Rs 37,000 per month, he eventually landed a dream job that paid him a whopping Rs 2.2 crore LPA.

12 Aug 2026 10:14 am
Yokohama India unveils Geolandar X-CV tyre for SUVs and crossovers

Introducing Yokohama India's latest Geolandar X-CV tyre, designed exclusively for SUVs and crossovers. This tyre promises enhanced wet grip and durability, outperforming standard alternatives on the market. Ideal for those seeking optimal wet-road handling and high-speed steadiness, the Geolandar X-CV is available in sizes from 16 to 20 inches, ensuring a smooth and low-noise driving experience.

12 Aug 2026 10:08 am
As AI makes answers instant, schools face a bigger question: How do we teach students to think?

As AI tools offer instant answers, students face a new challenge: understanding the 'why' behind solutions. The ET Masterclass AI for Academic Excellence addresses this by teaching students to use AI as a learning companion, not a shortcut. The program emphasizes questioning AI outputs, promoting active learning, and developing critical thinking skills for academic success and future readiness.

12 Aug 2026 10:02 am
AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth engines

AvenuesAI's consolidated revenue from operations more than doubling 109% year-on-year to Rs 2,680.4 crore and profit after tax rising 45% to Rs 84.76 crore. The fintech firm also raised its FY27 revenue guidance to Rs 11,000-13,000 crore and outlined plans to expand CCAvenue in the US, unlock Rediffs digital potential and build its AI-led Transaction Intelligence Score platform.

12 Aug 2026 9:54 am
Russias petrol crunch sends Moscow shopping for Indian fuel

Russia has imported petrol from India for the first time as Ukrainian attacks on its refineries deepen domestic fuel shortages. Kpler data showed the first shipment arrived on August 5, with more potentially following. Nayara Energy supplied the fuel, shipped through Russian-linked tankers via Egypt. Refinery disruptions have cut Russian processing rates, forcing Moscow to curb fuel exports.

12 Aug 2026 9:53 am
Sushi but with cucumbers: Mumbai fitness coachs healthy homemade recipe packs 25 g protein and 12g fibre

Smart snacking can be wholesome and delicious with the right ingredients. Mumbai fitness coach Vanshika Khurana shares an exciting new recipe. Her cucumber sushi offers a refreshing twist and impressive nutritional benefits. This snack packs a significant protein and fibre boost for your day. It provides a satisfying and guilt-free option when hunger strikes.

12 Aug 2026 9:28 am
Maharashtra FDA cracks down on Ayurvedic drug makers, cancels 10 licences

Maharashtra FDA has launched a statewide crackdown on Ayurvedic drug manufacturers. Inspections revealed serious violations of manufacturing and quality control standards at many establishments. Following these findings, 135 manufacturers received show-cause notices for non-compliance issues. Ten manufacturers had their licenses permanently cancelled due to major violations affecting public health. The FDA is ensuring Ayurvedic medicines meet required standards and addressing public health lapse

12 Aug 2026 9:07 am
Sawan Amavasya 2026 Time: Shubh muhurat timings and 3 things to do on Hariyali Amavasya

Sawan Amavasya, also known as Hariyali Amavasya, will be observed on August 12, 2026. Devotees will worship Lord Shiva and perform rituals for their ancestors on this auspicious day. The Amavasya Tithi begins early on August 12 and concludes late that evening. Bathing in holy rivers and making donations are considered highly beneficial practices. These traditions are believed to bring peace, happiness, and ancestral blessings to families.

12 Aug 2026 9:06 am
Powerball jackpot soars to staggering $1 billion for August 12 drawing - Here's what Wednesday night's winner could take home

The Powerball jackpot has soared to an astounding one billion dollars, with the next drawing set for Wednesday, August 12. Players have the option to receive their winnings as a lump sum or through an annuity. Despite the enticing prize, winning remains a daunting challenge with odds standing at 1 in 292.2 million. Previously, multiple smaller jackpots have already been awarded this year.

12 Aug 2026 9:05 am
Himachal imposes 60 paise/litre widow, orphan cess on petrol, diesel

The Himachal Pradesh government has imposed a new cess on fuel. This levy of sixty paise per litre applies to petrol and diesel. The Widow and Orphan Cess came into effect from midnight on August eleventh. Revenue generated will support welfare measures for widows and orphaned children. This move follows recent legislative amendments empowering the state government.

12 Aug 2026 9:03 am
Sleeping with extra pillows can be comfy but can also indicate a deadly disease. Doctor explains why: People blame reflux/poor sleep but

While chest pain (also known as angina) or discomfort is the most common symptom of an impending heart attack, heart failure can be indicated by several relatively painless symptoms. Taking to X, internal medicine specialist Dr Priyam Bordoloi shared some lesser-known signs your heart health is at risk.

12 Aug 2026 8:53 am
Kandla Port's 40-day cargo delays put Indias rice exports at risk

Indian rice exporters face significant logistical challenges at Kandla port. Cargo clearance now extends to forty days, impacting perishable rice shipments. This congestion occurs while India holds substantial rice stocks and anticipates global demand. Container shortages further exacerbate issues for basmati and non-basmati rice exports. These disruptions are causing global non-basmati rice prices to increase.

12 Aug 2026 8:11 am
Who is Chuck Redd? Judge awards $252,000 to musician who canceled performance over Trump-Led Kennedy Center name change

In a notable legal decision, a judge mandated that the Kennedy Center compensate jazz musician Chuck Redd with over $250,000. This follows Redd's cancellation of a Christmas Eve show due to President Trump's name being displayed prominently. Although the Kennedy Center threatened legal action for $1 million, the judge dismissed the case, referencing a lack of a binding contract and the protective measures under the district's anti-SLAPP law.

12 Aug 2026 6:55 am
Petronas arm Gentari puts India EV charging business up for sale

Petronas subsidiary Gentari has begun exploring a sale of its Indian green mobility unit, Gentari Green Mobility India, which operates about 3,000 EV charging points across 11 states. The process comes after an earlier attempt to divest a significant minority stake in its Indian renewable power generation business failed to materialise.

12 Aug 2026 6:40 am
Modern Bazaar explores stake sale with Reliance Retail, others as quick commerce squeezes business

Modern Bazaar is in talks with Reliance Retail, DS Group-owned Le Marche and two other premium chains for a strategic equity partnership or majority stake sale, even as its promoter says the business is not for sale. The gourmet grocery chain is battling falling store sales, quick-commerce competition, rising overheads and pending vendor payments.

12 Aug 2026 6:33 am