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The Economic Times

Economy / The Economic Times

Bangladesh unrest shuts garment factories

Dhaka: Fresh labour unrest hit Bangladesh's garment industry on Sunday, with 13 factories shut indefinitely and five others declaring a one-day holiday, a day before the wage board is due to meet to continue consultations on recommending a revised pay structure.Protesting workers gathered in Gazipur's Konabari and Mouchak areas, prompting police to use tear gas and sound grenades to disperse them. Factory owners said 50 units in the industrial zone were closed.Also Read: Floppy disks, paper stri

15 Nov 2026 4:03 pm
Indiana's river otters had nearly vanished; starting in 1995, wildlife officials released 303 into rivers, and decades later, the species was reported across the state

After more than five decades, river otters have made a triumphant comeback in Indianapolis, thanks to the Indiana Department of Natural Resources, which reintroduced 303 otters from Louisiana. This lively resurgence has seen otters thriving across all counties in Indiana, showcasing effective wildlife management. However, with stability comes regulation, as some areas now permit trapping, prompting discussions on the delicate balance between conservation and resource management.

15 Nov 2026 3:00 pm
Alice Huang's Megaspeed exit confirmed

Singapore-based cloud computing company Megaspeed International has clarified that Alice Huang, the Chinese businesswoman at the centre of a controversy involving former Nvidia chief executive Jensen Huang, left the company on August 30, 2025, and has no current role there.Ms. Alice Huang officially left Megaspeed effective August 30, 2025 and currently has no role with the Company, Megaspeed said in an emailed statement to CNBC on Sunday.Also Read: The Huawei connection: Alleged Chinese spy Ali

15 Nov 2026 2:24 pm
India-US agree on market access for goods

Cairo: India and the US have already agreed that Indian goods in the American market will receive preferential market access compared to competitor nations, Commerce and Industry Minister Piyush Goyal said on Sunday.India and the US finalised the framework for the first phase of the bilateral trade agreement in February.The deal was to be signed earlier, but changes in the US tariff landscape have led to further negotiations on the agreement.This was already agreed between the leaders - Presiden

15 Nov 2026 1:58 pm
Glare falls on US's antiquated aviation infra

The major disruption in US air traffic, which affected thousands of passengers and flights, started with a seemingly small incident. A glitch during an upgrade of the Federal Aviation Administration's (FAA) telecommunications infrastructure cascaded into widespread flight cancellations and delays, stopping America in its tracks for hours and hours.Amid a frantic race to contain the fallout from this dramatic embarrassment, something far less dramatic has drawn public attention: ageing wires, out

15 Nov 2026 12:23 pm
Eternal reassesses 100% EV delivery goal

New Delhi: While remaining committed to green mobility, Zomato and Blinkit parent Eternal is reassessing its 2030 target for a 100 per cent electric delivery fleet due to rapid business expansion and an evolving EV ecosystem.In an interview with PTI, Anjalli Ravi Kumar, Chief Sustainability Officer at Eternal, said the company is working toward a revised timeline, factoring in the availability of electric vehicles, supporting government policies, and the transportation requirements of its variou

15 Nov 2026 11:12 am
AI retreat fuels India stock comeback in great rotation trade

Indian stocks suffered bruising losses in the first nine months of the year as the artificial intelligence trade hoovered up global investor capital. The unwinding of that strategy has turned the Asian nations equities into world beaters.The MSCI India gauge has rebounded 11% from a six-month low set in October, adding more than $400 billion in value and almost erasing this years losses, as the countrys relative lack of AI exposure has become a prime advantage. Global funds are also turning more

15 Nov 2026 9:37 am
Stock splits & dividends: MRF among 31 firms to turn ex-record date

As many as 31 companies including Cochin Shipyard, Oil India, MRF, Power Finance Corporation (PFC), Manappuram Finance and others, have scheduled record dates for dividends and stock splits during the week between November 16 (Monday) to November 20 (Friday).To be eligible for these corporate actions, investors must hold the shares in their demat accounts as of the respective record dates. The list is tentative, as more companies may announce record dates for dividends, bonus issues, stock split

15 Nov 2026 9:25 am
Life insurance sector outlook positive

New Delhi: India's life insurance sector is expected to sustain healthy growth over the next three years, supported by rising demand for protection products, increasing traction in annuity and non-participating savings policies, and improving profitability, according to a research report by Centrum Broking.The brokerage expects private life insurers to deliver an annualised premium equivalent (APE) compound annual growth rate (CAGR) of 13-18 per cent during FY26-29, reflecting continued demand f

15 Nov 2026 8:47 am