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The Economic Times

Economy / The Economic Times

India gets 6.94 lakh tonnes of steel quota annually for exports under India-EU free trade pact

India will receive substantial tariff-rate quotas for steel exports to the European Union. These quotas total 1.64 million tonnes annually, with a portion under a free trade agreement. The European Union's new regulation aims to protect its domestic steel industry from overcapacity. India's exports outside these quotas will face applicable base-rate duties. The agreement includes provisions for periodic reviews of these allocated quotas.

13 Sep 2026 3:29 pm
When urine became medicine: How one bizarre scientific discovery reduced death by bacterial penumonia from 18% to less than 1% during World War II

Even though it may seem strange and uncomfortable to extract medications from urine now, this unorthodox method was vital during World War II. It assisted researchers in developing life-saving medications to treat bacterial pneumonia, saving numerous soldiers and civilians from dying from the potentially deadly illness.

13 Sep 2026 3:09 pm
'Might makes right' does not hold: China's Xi Jinping calls for Global South to jointly defend rule of law

Chinese President Xi Jinping urged Global South nations to defend international law and reject might makes right. He called for a more equitable global order and greater participation for all countries. Prime Minister Modi also advocated for global governance reforms and a partnership platform. BRICS leaders adopted a declaration supporting more just and equitable global governance. The group will continue to voice concerns and priorities of the Global South.

13 Sep 2026 3:03 pm
'80% Indians non-vegetarian, Indian non-vegetarian food is delicious': Rahul Gandhi

Rahul Gandhi stated eighty percent of Indians are non-vegetarian and Indian non-vegetarian food is delicious. This statement followed a BRICS Summit gala dinner featuring an all-vegetarian menu. The dinner included dishes like Khandvi Mille and Khumb Galouti as starters. Main courses offered Paneer Lababdar and Gucchi Marmik for the delegates. The event concluded with desserts and a performance by over one hundred artistes.

13 Sep 2026 3:00 pm
Ford Twin Cities Assembly closed in 2011 after building Rangers and Model Ts; demolition crushed 150,000 tons of concrete for backfill and grading on the St. Paul site

The former Ford manufacturing site in St. Paul has been transformed into a vibrant housing community along with a grocery store. For decades, this location produced iconic vehicles like the Model T and Ranger pickup trucks, but the closure of many auto plants from 1979 to 2011 left communities reeling.

13 Sep 2026 3:00 pm
Recruiter told a 32-year-old woman her salary expectations were far above the companys budget and rejected her application, but she said she was proud she did not offer to work for less just to stay in the running

A Reddit users job application was rejected after she gave a salary range she believed matched her experience, but she said the rejection felt like a relief rather than a setback. Her story has sparked discussion around salary expectations, workplace value and refusing to accept less just to get hired.

13 Sep 2026 2:59 pm
DRDO develops indigenous GaN technology for next-gen radars, electronic warfare; tiny 3.53 mm chip delivers up to 30W power: Defence Ministry report

India's Defence Research and Development Organisation has made remarkable progress with the successful demonstration of cutting-edge high-frequency defence technology. This advancement is key to strengthening national security by fortifying next-generation radar and electronic warfare systems. The use of Gallium Nitride chips, known for their exceptional power and speed compared to traditional silicon, highlights the country's journey towards semiconductor self-reliance in defence applications.

13 Sep 2026 2:58 pm
At 18, Upasana Kamineni was 98 kg and tried every diet. She was also 'body-shamed' after marrying actor Ram Charan. How did Sadhguru and spirituality change her lifestyle?

At the age of 18, Upasana Konidela was going thorugh her battles with weight and body image issues. She shared how she modified her diet and exercised diligently while coping with homesickness in America, which fueled her emotional eating. After marrying Ram Charan, public scrutiny about her looks intensified. Ultimately, she turned to mindful wellness and spirituality, achieving major lifestyle transformations. Read on to know how it all happened.

13 Sep 2026 2:56 pm
BRICS New Delhi Declaration reflects India's diplomatic success, turns diversity into strength, say experts

The New Delhi Declaration showcased India's diplomatic success in uniting diverse BRICS members. Experts noted India's skill in managing contradictions and leveraging diversity for cooperation. The declaration addressed global challenges like terrorism and human trafficking, promoting stability. It also highlighted opportunities for enhanced cooperation between member nations. Implementation of the declaration's points will require further dedicated work.

13 Sep 2026 2:54 pm
Jio Financial says BoFA's Rs 18k cr to come by Dec; Jio Credit's product plans, strategy to be redrawn

Jio Credit could grow its loan book fivefold to around 1.5 lakh crore after Bank of America infuses 18,268 crore for a near-50% stake. The capital is expected by December, after which the lender plans to reassess its products and strategy to accelerate growth.

13 Sep 2026 2:33 pm
NHC Foods plans to set up a manufacturing unit in Liberia

NHC Foods is establishing a new production facility in Liberia, West Africa. This facility will manufacture and process fruit juices and allied food and beverage products. The company has entered into a binding Heads of Terms agreement for the proposed sub-lease. This strategic move aims to bring processing closer to the end consumer.

13 Sep 2026 2:19 pm
Irumudi OTT release date and platform confirmed: When and where to watch Ravi Teja's Telugu hit action movie online. Check language versions

Irumudi, starring Ravi Teja, is all set for its digital debut. Having garnered over Rs 200 crore globally at the box office during its theatrical release, the movie centers on Trinadh Rama Kasu, who embarks on a quest to investigate his daughter's unsettling disappearance and exploitation. Read on!

13 Sep 2026 2:10 pm
Ayurveda eyes global growth as research, innovation reshape traditional system

Ayurveda is gaining global relevance through research and innovation. Growing interest in holistic healthcare creates new international opportunities for this system. India's Ayush market has seen significant economic growth in recent years. The government promotes Ayush-based medical travel and introduced a dedicated visa. Ayurveda's future international success depends on evidence and standardized practices.

13 Sep 2026 2:10 pm
Authenticity, adaptability, zero aggression: Bengaluru entrepreneur shares 3 life lessons the city taught her

In the bustling city of Bengaluru, residents face unique challenges that impart crucial life lessons. Bengaluru entrepreneur Nirupa Shankar emphasizes the significance of maintaining one's authenticity amid this vibrant diversity. Her encounters with the city's infamous traffic have taught her the value of adaptability, proving that success doesn't necessitate aggressive tactics but rather a thoughtful approach to both personal and professional endeavors.

13 Sep 2026 2:04 pm
Never snooze, never delay: Ankur Warikoo reveals 4 rules to build discipline without motivation

Discipline serves as a critical pillar for sustaining progress, especially during moments when motivation dips. Ankur Warikoo emphasizes the importance of waking up early and resisting the snooze button. By prepping for the next day the night before, one can minimize morning anxiety and sharpen focus. Swift decision-making enhances forward momentum, ensuring that one remains steadfast in their commitments, even when feelings fluctuate.

13 Sep 2026 1:40 pm
Quote of the day by Smriti Mandhana: 'If you keep crying and sitting on those mistakes, youre not improving yourself or getting better...' Indian cricketer shares an important lesson on fastest way to bounce back from failure

Smriti Mandhana, the Indian cricketer, champions the importance of learning from past failures. She believes it's crucial to move beyond mistakes and concentrate on personal advancement. Mandhana's impressive career showcases her commitment to this mindset, as she has recently broken major batting records and successfully led her team to victories. Read on!

13 Sep 2026 1:26 pm
Quote of the day by Oscar Wilde: With freedom, books, flowers, and the moon, who could not be happy? - Famous Irish author on how true joy is hidden in simple pleasures

Quote of the day by Oscar Wilde: The Oscar Wilde quote highlights happiness found in freedom, books, flowers, and the moon. He wrote this reflection while imprisoned, experiencing profound personal transformation. Wilde's insight offers a minimalist framework for true happiness, stripping away superficial distractions. This message remains relevant today, countering modern consumerism and pressure. The quote encourages appreciating simple gifts and nurturing the soul.

13 Sep 2026 1:13 pm
Consumers deserve nutritional information on food packs; industry backs FSSAI move: Orkla India

Orkla India MD and CEO Sanjay Sharma backed FSSAIs proposed front-of-pack labelling (FOPL) norms, saying consumers have the right to clear nutritional information. He said the industry supports the regulators objective of helping consumers make informed choices, with the main debate being over the format and implementation of the labels.

13 Sep 2026 1:00 pm
AI eyes on your train food! Worried about train food hygiene? Railways brings tech solution to keep a 24x7 watch on pantry cars, kitchens and food handling

Indian Railways is set to enhance monitoring by installing AI-enabled CCTV cameras in pantry cars and base kitchens across the East Central Railway (ECR) zone. The initiative aims to strengthen oversight of food quality and hygiene, with continuous surveillance of catering operations. Passengers will continue to be able to register complaints through the Rail Madad platform. The move comes ahead of the festive season, when passenger demand is expected to rise.

13 Sep 2026 12:56 pm
Jindal Steel builds worlds longest steel slag road, enters Guinness World Records

Jindal Steel achieved a Guinness World Records title for constructing the world's longest road. This 1.85-km four-lane road was built exclusively with processed steel slag aggregates. Around two lakh tonnes of steel slag replaced natural aggregates, reducing quarrying dependence. Scientifically processed steel slag offers cost-effectiveness and durability compared to traditional road materials. India's steel ministry promotes this technology for large-scale industrial by-product utilization.

13 Sep 2026 12:40 pm
Hanuman Ansh OTT release new update: Where to watch hit film about Neem Karoli Baba after its theatres run

Hanuman Ansh continues its strong theatrical run, exceeding expectations after five weeks. The devotional drama recorded a major jump in collections on its sixth Saturday. Producer Ragini Sona has recently reacted to Rs 100 crore OTT deal. The makers are currently focused on the film's box office performance. An official announcement regarding its digital release will be made later. Read on!

13 Sep 2026 12:34 pm
7 years on, insurer ordered to pay Rs 8.06 cr to Swiss firm subsidiary in fire claim dispute

A consumer commission ordered an insurer to pay over eight crore rupees to Victorinox India. The company's fire insurance claim was unfairly repudiated by the insurance firm. This rejection occurred solely on technical grounds, which the commission deemed unsustainable. The commission found the insurer engaged in unfair trade practices and service deficiency. Victorinox India will receive the claim amount with interest and compensation.

13 Sep 2026 12:33 pm
Indian Bank to enter life insurance business, soon to seek board nod

Indian Bank plans to enter life insurance and asset management sectors soon. The bank is seeking board approval for these proposed new ventures. Identifying a strong partner is crucial for accelerating wealth creation efforts. Indian Bank also aims to open a representative office in Dubai. This move will leverage business opportunities from the large Indian diaspora.

13 Sep 2026 12:33 pm
Delhi HC to pass order on Monday on Vimal Elaichi makers' plea seeking to quash show-cause notices against actors

The Delhi High Court will soon decide on its jurisdiction to hear a plea. This plea challenges show-cause notices issued to Vimal Elaichi brand ambassadors. The Maharashtra FDA issued these notices for alleged product misrepresentation in advertisements. The court reserved its order on the territorial jurisdiction issue. The final decision is expected on September 14.

13 Sep 2026 12:29 pm
IIT Madras researchers develop morphing skin to prevent aircraft stalls

IIT Madras researchers developed a novel morphing skin inspired by bird flight. This adaptive external skin dynamically reshapes in real time to prevent airflow separation. The innovation enhances lift while reducing drag, improving aircraft safety and fuel efficiency. This technology could enable safer take-offs and landings on busy runways. The research is ready for implementation in real aircraft flight conditions.

13 Sep 2026 12:10 pm
Employee was fired when AI dashboard recorded she was inactive for 14 minutes. What she did to get back at boss is going viral: Hes explaining why he fired someone who works 6 times more

A womans story of how she one-upped her boss after she was fired unfairly is currently going viral on X. In the clip, a crying woman says that she was fired for allegedly being 14 minutes absent from work, and this was recorded by her AI dashboard. The woman decided to log into her bosss AI account, as she knew the password, and what she found helped her emerge triumphant.

13 Sep 2026 12:09 pm
At 41, Mahira Khan announces second pregnancy. Famous Pakistani actress flaunts baby bump at TIFF 2026, pics go viral

Congratulations are in order! Pakistani actress Mahira Khan announced her second pregnancy. She shared the personal news via a beautiful photograph on social media. The actor is currently attending the Toronto International Film Festival 2026. This upcoming baby will be her first child with husband Salim Karim. Mahira is also a mother to her 17-year-old son, Azlan.

13 Sep 2026 12:03 pm
PwC India, US to create 40,000-strong consulting JV: India to get operating control

PwC India and PwC US plan to create a 40,000-employee consulting joint venture that would be worth about $2 billion at launch. PwC India will control operations despite holding 49.9%, bringing its consulting business together with PwC USs India-based acceleration centres to target global, domestic and GCC clients.

13 Sep 2026 12:01 pm
Want guilt-free modaks this Ganesh Chaturthi? Mumbai nutritionist shares healthy recipe with 5g protein and 3.7g fibre

This Ganesh Chaturthi, elevate your celebrations with healthier modaks. Mumbai nutritionist Vanshika Khurana has shared an innovative recipe that combines protein-rich moong dal and creamy almond butter. The process involves roasting and fine-grinding the moong dal, resulting in a guilt-free treat that allows you to enjoy the festivities without compromising your health.

13 Sep 2026 11:48 am
ITC expects Aashirvaad brand to double consumer spends to Rs 20,000 crore in 5 years

ITC's Aashirvaad brand expects consumer spending to double to twenty thousand crore rupees. This growth will occur over the next five years as the brand expands. The company is strengthening its core atta business and entering new food categories. These adjacencies include ready-to-cook foods and frozen snacks for wider appeal. Aashirvaad aims to address consumer needs through innovation and differentiation.

13 Sep 2026 11:34 am
How An Erratic Monsoon Might Make Us Appreciate Weeds

Unpredictable monsoon patterns have resulted in an increase of weed growth, creating hurdles for farmers across the globe. Historically, weeds played a crucial role in soil stabilization and nutrient provision for primitive agriculture. To manage unwanted flora, Asian rice farmers flooded their fields as a natural weed control method. Currently, strategies such as harvesting and incorporating weeds in meals are practiced.

13 Sep 2026 11:24 am
'Mirzapur: The Movie' earns Rs 200 crore at box office

Mirzapur: The Movie has achieved over Rs 200 crore at the domestic box office. This film marks the first big-screen venture for the popular Mirzapur streaming series. It brings back the lawless world of Mirzapur with ongoing power struggles and rivalries. Several original cast members reprise their roles in this new cinematic chapter. The movie is presented by Amazon MGM Studios and Excel Entertainment.

13 Sep 2026 11:15 am
Dish TV hopes for a turnaround aided by smart TV VZY, e-Com solutions and content hub

Dish TV is launching new initiatives like VZY smart TV and ShopZop e-commerce to address subscription losses. The company's Watcho content platform shows early signs of traction and growth. Dish TV aims to recover and grow by integrating DTH and OTT services. This repositioning is a response to declining pay-DTH subscribers and rising OTT platforms. The company seeks to lead the industry's shift from set-top boxes to smart screens.

13 Sep 2026 11:09 am
Inside Mithun Chakrabortys 1.5-acre Mumbai farmhouse: 41-year-old property has separate family cottages, 22 pets, a private gym and film studio

Mithun Chakraborty's expansive Madh Island estate serves as a private family retreat. This 1.5-acre property features multiple cottages for family members and guests. The actor's son recently shared details about the grand residence and its history. The estate also showcases awards and memorabilia from Mithun Chakraborty's extensive career.

13 Sep 2026 10:47 am
Manipal Hospitals scouts for acquisitions in Andhra, Keralam, Delhi-NCR; bets on AI-led healthcare

Manipal Health Enterprises plans significant expansion across several Indian states. The company is adopting a digital-physical healthcare model driven by Artificial Intelligence. Strategic acquisitions and a new greenfield project in Mumbai are underway. Investments focus on AI-enabled nursing and patient monitoring systems. The healthcare major aims to add over 2,400 beds by the year 2030.

13 Sep 2026 10:44 am
Karnataka seeks bigger ExxonMobil footprint in Bengaluru, eyes skilling and startup tie-ups

Karnataka's Home Minister met with ExxonMobil to discuss expanding their Bengaluru operations. Discussions focused on skilling, startup support, and joint innovation initiatives. The state recently approved significant investment projects creating many new jobs. These projects include aerospace, electronics, and IT space development. Toyota Kirloskar Motor will also establish a business intelligence hub.

13 Sep 2026 10:37 am
Haryana govt approves Hisar, Kurukshetra, Narnaul, Jind and Sohna-Palwal bypass projects

Haryana's Chief Minister approved new ring roads and bypasses for major cities. These projects aim to significantly ease traffic congestion and improve connectivity. An investment of approximately Rs. 9,700 crore will fund these crucial infrastructure developments. Several bypass projects at Hisar, Kurukshetra, and other towns are moving forward. This initiative will enhance travel efficiency across the state.

13 Sep 2026 10:35 am
Eats, shoots and leaves: An influencer's guide to public spaces

After influencers at the US Open were spotted clicking pics with ring lights while matches were underway, Wimbledon tightened its rules around creators. Nupur Amarnath and Pratishtha Bagai put together a guide to creating main character content without becoming the villain on the scene.

13 Sep 2026 9:49 am
India has 62 MMT annual compressed biogas potential; animal waste could become the biggest contributor: Report

India can produce sixty-two million metric tonnes of compressed biogas annually. Animal waste alone offers substantial potential for biogas generation. Agricultural residues and municipal solid waste also contribute significantly to this potential. Biogas production addresses environmental concerns like stubble burning and waste management. This domestic production can also reduce dependence on imported gas.

13 Sep 2026 9:45 am
Insolvency regulator mulls tighter safeguards for personal guarantee insolvency

Indias insolvency regulator is proposing tighter safeguards for personal guarantor cases, including zero voting rights for related-party creditors, independent asset valuations and scrutiny of questionable transactions. Creditors may also have to explain why a repayment plan offers a better outcome than bankruptcy, particularly when recoveries are low.

13 Sep 2026 9:34 am
Tamil actor Sivakarthikeyan grows seasonal vegetables and leafy greens at his Chennai home. How to start an organic terrace vegetable garden for beginners?

Actor Sivakarthikeyan has embraced the joys of cultivating a home garden, growing fresh vegetables and leafy greens for his family. This initiative, sparked before the initial COVID-19 lockdown, has served as a motivation for others to follow suit. For those looking to start an organic terrace garden, here are gardening tips on how to start an organic terrace garden.

13 Sep 2026 9:21 am
Poetry finds a new stage on social media as reels bring verse to a wider audience

Poetry now travels beyond books, reaching audiences through social media platforms. Younger generations discover poetry through short-form video content and online communities. Poets adapt their craft for digital platforms, balancing art and content creation. This shift increases poetry's visibility and accessibility for a wider audience. Social media fosters a sense of belonging and cultural curiosity around poetry.

13 Sep 2026 7:12 am
Deool Band 2 OTT release date: When and where to watch Pravin Tardes Marathi hit film online? How Shah Rukh Khan waived Rs 42 lakh bill to help

The Marathi film Deool Band 2 has enjoyed thunderous box office success following its release. Initially, the film faced a steep Rs 42 lakh charge for its digital cinema package, creating a hurdle. However, with assistance from Shah Rukh Khan's production house, this financial challenge was resolved as his team graciously waived the owed amount, making the way for the film's audience access. Read on!

13 Sep 2026 6:54 am
Woman Unknown wins Venices Golden Lion as Mathilde Arcel takes best actress

Danish film 'Woman Unknown' secured the Golden Lion at Venice. Mathilde Arcel also won best actress for her role in the drama. John Malkovich received the best actor award for his CIA agent portrayal. A documentary on Gaza's civilian deaths also garnered significant attention. The festival highlighted global politics and social issues this year.

13 Sep 2026 6:41 am
Who is Sharat Saxena? At 76, veteran actor undergoes 6-hour spine surgery. Now, he has happily thrown away his walking stick. Heres what happened

Veteran actor Sharat Saxena is celebrating a successful recovery following a six-hour lumbar spine surgery that took place at Bombay Hospital. This operation, addressing critical lumbar canal stenosis, involved a minimally invasive technique to restore his mobility. Now cane-free, Saxena took to social media to share the uplifting details of his healing process with fans.

13 Sep 2026 6:34 am
BRICS 2026: Global South must now shape, not merely follow, rules, says PM Modi

Prime Minister Modi advocated for global governance reform, transforming privilege into partnership. He proposed a Seafarers Emergency Support Network for maritime welfare. A BRICS trio format was suggested to ensure continuity among presidencies. India championed the New Delhi Declaration's adoption by consensus among bloc leaders. The group aims to give the Global South a greater voice in global decision-making.

13 Sep 2026 5:30 am
Quote of the day by Rollo May, 'Life comes from physical survival; but the good life comes from what we care about' offers powerful life lessons on how caring, purpose, love and meaning can transform survival into a truly good life

Quote of the day by Rollo May offers a timeless lesson about the difference between surviving and living well. Physical survival is essential, but human fulfillment requires something more: values, relationships, purpose, curiosity, compassion, and love. The good life is created through the things people choose to care about and the energy they are willing to invest in them.

13 Sep 2026 4:08 am
Quote of the day by Thomas Mann: Tolerance becomes a crime when applied to evil. Life lessons on limits of tolerance and importance of standing up for what's right from German literary icon

Tolerance is a wonderful virtue to have. Tolerance ultimately enables people from various walks of life and socio-economic and cultural backgrounds to live in harmony and also helps us respect and acknowledge differences. However, author Thomas Mann once warned, like anything, excessive tolerance, especially when it shields harmful behaviours in others, can become a hindrance and should never be tolerated.

13 Sep 2026 1:26 am
In 1977, Jack Nicholson bought a 70-acre Malibu ranch; decades later, the property sold for $3.5 million, with trails and equestrian facilities and a pool

Jack Nicholson has been associated with several distinctive properties, including an expansive Malibu Beach ranch and a historic Victorian home in Aspen, Colorado. His Malibu property sold in September 2011 for just under $3.5 million and featured a lighted tennis court, putting green, swimming pool, and grotto-style spa. Nicholson also owned Aspens historic Newberry House, a five-bedroom, six-bathroom Victorian residence built in 1895. He purchased the Aspen home in 1980 with director and music

13 Sep 2026 12:04 am