The Economic Times

A techies claim that even a Rs 50-70 lakh salary may not be enough to become rich in Bangalore has sparked debate online. Anmol Agarwal broke down expenses such as rent, taxes, car costs, shopping and travel, arguing that high living costs can leave limited money for investments, while several users challenged his calculations and said wealth creation depends largely on lifestyle choices and saving habits.

A bauxite and marl mining initiative has secured essential clearance close to Gujarat's important marine conservation zones. Nestled several kilometers away from the country's inaugural marine wildlife sanctuary, the project is situated near diverse coral reefs and vital ecosystems. The expert appraisal committee recommended approval, contingent on strict environmental guidelines. The developers are required to implement wildlife conservation strategies and reduce potential animal conflicts to p

For vegetarian people who have always wanted to have an omelette but won't compromise their rules, a Mumbai-based fitness coach has the perfect solution! Taking to Instagram, Vanshika Khurana shared a delicious recipe of a guilt-free omelette that has zero eggs or meat.

The Toxic trailer is finally out, offering a glimpse into Yashs brutal gangster world filled with violence, betrayal, romance and complicated relationships. The trailer also hints at a mysterious father-son conflict, with Yash appearing in multiple roles. While several fans praised the action, visuals and Yashs screen presence, others found the story confusing and compared its style with KGF and other recent mass entertainers.

IIM Ahmedabad and Cyril Shroff have partnered to establish the Cyril ShroffIIMA GC Leadership Academy. The initiative will offer research and executive education to prepare General Counsels for wider leadership roles spanning strategy, governance, technology, finance and risk.

US-Iran war news: The United States is pushing for secure passage for commercial vessels through the Strait of Hormuz. Meanwhile, Iran and Oman are in talks to establish a temporary shipping lane for oil transport. However, the U.S. remains doubtful about Iran's commitments to maritime safety. Both countries aim for an agreement on this crucial waterway, which could pave the way for restoring halted oil exports in the near future.

Justin Trudeau and Katy Perrys high-profile romance has sparked fresh attention after Alabama Senator Katie Britt questioned how the unlikely celebrity couple first met. Britt also joked about seeing the former Canadian prime minister frolicking with Perry, saying, He used to be in charge of a whole country. Katie Britt's question remains one of the biggest mysteries surrounding the couple: How exactly did Justin Trudeau and Katy Perry meet?

ETs roundup of the wackiest whispers in corporate corridors

Uttar Pradesh's Chief Minister, Yogi Adityanath, had a cordial meeting with Prime Minister Narendra Modi in New Delhi on Saturday. During their discussion, he expressed how the Prime Minister's leadership motivates his commitment to effective governance. The Prime Minister's office later confirmed this warm interaction via a post on X, showcasing the importance of political collaboration and leadership dialogue in the current landscape.

Today's Quote of the Day by Joey Tempest: The famous quote by Joey Tempest explores a truth many people learn with time: independence does not mean living alone. The Europe frontmans words about being an island raise a deeper question about freedom, relationships and belonging. You can stand on your own, yet still need connection, purpose and a place that truly feels like home.

PVR INOX plans to add one thousand screens over five years. The company is focusing on smaller cities and affordable multiplex formats. This expansion utilizes asset-light models with developer funding for projects. Single-screen cinemas are declining, creating opportunities for multiplex growth. PVR INOX aims to reach underserved markets with wider audience choices.

India aims for electric air taxis to fly by 2028, with testing accelerating next year. Electric vertical take-off and landing aircraft offer new mobility for major congested cities. Sarla Aviation is developing a six-passenger eVTOL aircraft with seven electric motors. Affordability and safety are key for commercial viability, with localization reducing costs. These aircraft could significantly cut travel times and find uses in medical evacuations.

Assam Chief Minister Himanta Biswa Sarma visited flood-affected Bengabara and Naharbari villages. He assessed the damage and reviewed ongoing repair works on breached river embankments. The Chief Minister interacted with people taking shelter in relief camps and assured them of full support. He promised special measures to rebuild embankments with enhanced strength for better protection. The state's flood toll has reached 98, affecting 1.55 lakh people across 13 districts.

Quote of the day by Mark Twain carries a broader philosophical message. Human beings naturally seek certainty. We like schedules, predictions, routines, and expectations because they make an unpredictable world feel manageable.

Farhan Akhtar recalls a simple moment from a recent holiday when he saw two elderly men meeting at a beach shack for ice cream sundaes, which made him think of Akash, Sid and Sameer from Dil Chahta Hai. The filmmaker says the films friendship theme has become even more relatable with age, as work, responsibilities and time can slowly create distance between close friends.

It is common knowledge that loneliness, common stress, and even lack of physical activity can eventually slow down your brain. Taking to Instagram, an AIIMS-trained neurosurgeon shared ten commandments to slow down brain ageing and protect cognitive health.

Scientists are rethinking the role of the thymus, a tiny organ behind the breastbone that was long considered largely useless in adults. A new Nature study found that healthier thymuses were linked to lower risks of death, lung cancer and cardiovascular disease, suggesting the organ may play an important role in adult health and longevity.

FSSAI suspended licenses for VKC Nuts and Chheda Specialities Foods due to serious food safety issues. Live insects and mould were found at VKC Nuts, alongside rodent damage and poor machinery conditions. Chheda Specialities Foods had food handlers working with bare hands and extensive fungal growth near storage tanks. Previous samples from Chheda Specialities Foods were declared unsafe or misbranded by the authority.

Consumers will not face any charges for UPI payments. Most merchant transactions will also remain free of cost. Any future charges will apply to limited merchant transactions above a threshold. This move aims to ensure UPI's long-term sustainability and technological advancement. The government stated UPI will remain free for citizens.

Indian pilots propose a new Civil Aviation Authority to enhance regulatory independence. This move addresses international concerns and the aviation sector's rapid expansion. The proposed body would replace the Directorate General of Civil Aviation. It aims for greater financial and administrative autonomy in aviation oversight. This initiative seeks to strengthen India's aviation safety and global standing.

Jana Nayagan, starring Thalapathy Vijay, is reportedly heading for its digital premiere after its theatrical run. Directed by H Vinoth, the political action thriller has remained in the spotlight due to Vijays star power and its significance as his widely expected final film. While reports about its OTT release have surfaced, an official announcement from the makers and streaming platform is still awaited.

The Railway Board has approved CBTC signalling for BMRCL's Pink Line and Blue Line. This approval is a significant step towards opening the Pink Line for passenger services. The same approval also covers the Blue Line extending to Kempegowda International Airport. BMRCL will now proceed with remaining steps for the Pink Line's opening.

India's economy shows resilience against US sanctions on Russian crude oil. Potential tariffs on nations buying Russian oil will minimally impact India's economy. Shifting away from Russian supplies offers limited financial benefits now. India has strengthened non-dollar payment channels to mitigate risks. Global price shocks pose a greater threat than changing oil suppliers.

What makes a real leader? According to an old Welsh proverb, leadership is not about subjugation or exerting your dominance on others but about being a bridge that brings people of various walks of life, cultures, and opinions together.

Under the draft directions, a branch of a G-SIB operating in India will be required to maintain a minimum leverage ratio of 3.5 per cent, along with the leverage ratio buffer applicable to the parent global bank, including any additional buffer prescribed by its home regulator.

Birla Estates has successfully acquired almost 90,000 sq ft of FSI for over Rs 159 crore, a strategic move aimed at bolstering their society redevelopment efforts in Khar, Mumbai. This FSI was secured via a Slum Rehabilitation Authority scheme from Kandivali. The development rights will be transferred and applied to a larger property in Khar, enhancing the region's premium living environment.

Quote of the day by Arnold Schwarzenegger: Arnold Schwarzeneggers iconic quote emphasizes that failure is not an endpoint, but an essential mechanism for personal transformation and strength. Drawing a direct parallel to resistance training in bodybuilding, where muscles must be strained to structural failure before they can rebuild stronger, Schwarzenegger argues that human character requires similar friction. Without encountering limits, individuals remain unaware of their true capabilities an

Billionaire Michael Moritz and his wife, artist Harriet Heyman, are offering up to $150 million through their Crankstart foundation to find bold ideas that could improve life in San Francisco. Their global Boundless San Francisco competition is seeking solutions to challenges including the citys housing affordability crisis, homelessness, public safety, transportation and post-pandemic economic decline. Up to three winning organisations could receive as much as $50 million each to turn their ide

An ADNOC vessel faced a missile attack while sailing through the Strait of Hormuz. The incident occurred early Saturday morning, August 8, with no reported injuries. The company confirmed the situation has been brought under control by authorities. Official sources are the only recommended places for information. Rumors and unverified details should be avoided by the public.

Indian batter Jemimah Rodrigues has been ruled out of The Hundred due to a hamstring injury. She was a key performer for Southern Brave, scoring 143 runs in six matches. Her absence is a significant blow as the competition enters its decisive phase. Australian allrounder Charli Knott has been signed as her replacement. This withdrawal also raises concerns for India's upcoming Asia Cup campaign.

Delhi's IT minister announced a new drone policy aiming to create over one thousand jobs. This comprehensive policy will focus on research clusters and flight testing facilities. It also plans to utilise drones for traffic management and surveillance purposes. The government will allocate a separate budget for infrastructure and implementation.

Iran has unveiled footage of what it claims is the wreckage of US and Israeli drones, demonstrating its air defense capabilities. However, these assertions regarding the downed drones remain unverified by independent sources. The drones featured, the US MQ-9 Reaper and Israeli Hermes 900, are both sophisticated surveillance systems, further emphasizing Iran's strategic military posturing amid ongoing regional tensions.

Four crew members remain hospitalized following severe turbulence on an Air India flight. Most passengers from the incident have already been discharged from medical care. The Directorate General of Civil Aviation is currently investigating the cause of the turbulence. The regulator is also developing guidelines for emerging aviation technologies. India is creating its own aviation standards rather than copying others.

Jharkhand government held talks with protesting aspirants over alleged exam paper leaks. The government panel met with various factions of students demanding reforms. Protesters decided their stir would continue until all demands are met. Students seek cancellation of the 14th JPSC Civil Services Examination. The agitation entered its fifteenth day with no resolution reached.

An IITian CEO has shared how a Gen Z job candidate openly asked for a 30-minute afternoon nap every day to boost productivity. Instead of rejecting the unusual demand, he focused on whether the candidate could deliver results, sparking a wider debate about workplace hours, flexibility and measuring employees by output rather than desk time.

Unsold housing inventory in India increased by four percent by mid-2026. Lower-priced homes saw continued absorption, while premium segments experienced inventory growth. The time to sell existing stock slightly increased due to rising inventory and flat sales. Ahmedabad and the National Capital Region showed the longest inventory clearance times. Pune and Chennai demonstrated stronger absorption rates for residential properties.

In an inspiring discussion about Archewell Productions' inaugural documentary, Meghan Markle revealed that her daughter Lilibet is a source of her bravery and confidence. She passionately stated that being a mother is her true superpower. The documentary, titled Cookie Queens, features young Girl Scouts tackling business challenges. Meghan attended a special California screening to celebrate this significant project.

Non-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This strong expansion continued into June 2026, outpacing overall retail loan growth. Housing and vehicle loans also displayed robust credit growth during this period. The Reserve Bank of India strengthened regulations for gold and silver collateral loans. Credit to industry and services sectors experienced a moderation in growth.

Archaeologists discovered an elaborate Roman villa beneath farmland in southwest England. The site revealed a well-preserved polychrome mosaic floor dating to the fourth century AD. An unexpectedly sophisticated bathhouse with plunge pools was also unearthed during the excavation. Luxury artifacts, including a gemstone and bracelet, were recovered from the ancient villa. These findings highlight the considerable wealth and high social standing of its former inhabitants.

Union Minister Amit Shah encouraged urban cooperative banks to view the RBI's support positively. He highlighted the central bank's proactive assistance to the sector recently. Shah also emphasized the safety of small borrowers for lenders. The National Urban Cooperative Finance and Development Corporation will relocate its head office. This move aims to strengthen the cooperative banking sector across key states.

Rahul Gandhi is actively connecting with Gen Z through genuine social media interactions. Recently, he opened up about his fitness regime, stressing the necessity of persistence and consistency in workouts. He underlined the significance of healthy eating and minimizing alcohol intake. Gandhi promotes a holistic approach to health, showcasing Instagram as a vital platform for engaging with younger voters effectively.

The Traitors Season 2 brings 21 celebrities together for a high-stakes game of trust, strategy and deception. Hosted by Karan Johar, the contestants must identify the hidden Traitors while trying to survive challenges, secret alliances and eliminations. Set at Jaisalmers Suryagarh Palace, the new season promises more twists, betrayals and unexpected turns. Read on to know when it will start streaming on OTT.

India's food safety regulator has warned Diageo about misleading whisky maturation claims. The FSSAI stated that most of the product was not matured as labeled. This warning follows a ban on some Diageo and Inbrew spirits for artificial flavoring. The regulator is increasing scrutiny of liquor companies for incorrect labeling.

While many of us have support systems, ultimately, the responsibility of being happy depends on you. Only you can be in charge of your own mental well-being and happiness. In an old interview, rock icon Tina Turner urged fans to take charge of their own happiness.

Fujiyama Power Systems has commissioned a new 2 GW power electronics manufacturing facility. This facility in Ratlam will produce solar inverters and UPS systems. The expansion increases Fujiyama's total power electronics capacity to 4.2 GW. This move strengthens their integrated manufacturing for the rooftop solar value chain. A battery manufacturing facility is also progressing as planned at the complex.

Loneliness can signal a need for introspection and self-connection. Douglas Coupland's quote suggests spending time alone helps understand feelings. Solitude offers uninterrupted time for personal thought and reflection. This quiet time aids in identifying underlying emotions and needs. Ultimately, self-reliance grows from embracing moments of being alone. Read on to know why the quote feels relatable.

Quote of the day: Actor James Pickens Jr. shared a quote about finding peace in the popular show Grey's Anatomy, in simple moments. His quote emphasizes that small comforts like coffee and sunlight can ease troubles. This message offers a vital mental health reminder for modern, high-pressure lifestyles. Prioritizing these quiet rituals builds internal capacity to face hardships effectively. The enduring message encourages cultivating optimism and embracing life's continuity.

State Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI merchant payments may soon incur charges. UPI processes billions of transactions monthly, with rising infrastructure and cybersecurity costs. SBI reported a 13.73% rise in consolidated net profit for the June quarter.

In a bid to enhance pilot retention, Air India and Air India Express have announced a salary hike of nine to fifteen percent. This initiative comes in response to fierce competition with IndiGo and other Middle Eastern carriers. Senior pilots, flying for forty hours per month, will now receive nearly seven lakh rupees.

India's crude oil import bill rose significantly in early 2026-27. Higher global oil prices and supply disruptions increased costs for refiners. Russia remained India's largest crude oil supplier during this period. The nation imports most of its annual crude oil consumption. This dependence makes India vulnerable to global price fluctuations.