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The Economic Times

Economy / The Economic Times

FCNR deposits emerge as banks new FY27 growth lever: Report

Indian banks anticipate stronger net interest income and earnings growth in FY27. This outlook is supported by robust foreign currency deposit mobilization and healthy credit demand. Systemic credit growth is projected around fifteen percent year-on-year, with FCNR deposits aiding expansion. Asset quality remains stable, and deposit growth has strengthened significantly by end-July. ICICI Securities maintains a positive stance on the banking sector's performance.

22 Aug 2026 11:30 am
I didnt say which Diwali: Boris Johnson on India-UK FTA deadline; hails scotch whisky tariff cut from 150% to 75%

In a comical take on the India-UK Free Trade Agreement timeline, Boris Johnson revealed his contentment with the trade deal's finalization. He emphasized notable tariff cuts on Scotch whisky as a highlight. Following Brexit, the trade relationship has flourished, and Johnson envisions even greater economic collaboration across multiple sectors in the future.

22 Aug 2026 11:29 am
Centre okays aviation varsity's expansion plan, directs UP govt to make land available

The Centre has approved a proposal for the Rajiv Gandhi National Aviation University expansion. An additional 500 acres of land will be made available for the university's activities. This expansion will include advanced laboratories and research centers for aviation studies. The university aims to increase its student enrollment significantly by the year 2033. The Uttar Pradesh government is currently surveying the land for this important development.

22 Aug 2026 11:29 am
No sugar, no maida: Deepika Padukone, Alia Bhatt's fitness trainer shares protein-rich coconut pudding recipe for sweet cravings

Yasmin Karachiwala, a renowned Mumbai fitness coach, who has worked with Bollywood celebrities like Deepika Padukone and Alia Bhatt, has unveiled a deliciously nutritious coconut pudding recipe. This delightful dessert blends Greek yogurt, creamy coconut milk, and chia seeds, delivering a protein-packed treat. Perfect for late-night cravings, it boasts a rich texture and healthy fats, providing a mindful dessert choice that fulfills sweet cravings without any guilt attached.

22 Aug 2026 11:06 am
Shah Rukh Khan's 'Swades' co-star Gayatri Oberoi lives in a 75,000 sq ft Juhu mansion with nine floors, rooftop infinity pool facing Arabian Sea, private theatre and Italian interiors

Shah Rukh Khan's 'Swades' co-star Gayatri Oberoi has moved into a sprawling 75,000 sq ft Juhu mansion designed by Italian architect Piero Lissoni. The nine-storey home features a rooftop infinity pool overlooking the Arabian Sea, private theatre, spa, grand entertaining spaces, a chef-ready kitchen and an art collection.

22 Aug 2026 10:59 am
Mitchell Starc tears through Bangladesh with six-wicket haul as Australia dominate second Test at Mackay

Mitchell Starc took six wickets for twelve runs as Bangladesh was bowled out for sixty-four. He became the first bowler to take a wicket on the opening ball nine times. Captain Pat Cummins also contributed three wickets to the visitors' low score. Australia lost early wickets in reply, reaching fifty for three at tea. Steve Smith and Cameron Green steadied the innings after early setbacks.

22 Aug 2026 10:58 am
UK could have averted US 'trap' in Iran war, says Boris Johnson; calls for India-US-UK coordination over Hormuz

Boris Johnson has claimed that Britain had the capability to sidestep a potential US trap in Iran. He insisted that UK intelligence should have flagged the dangers of escalating conflict and the likelihood of Hormuz's closure. Johnson believes that the UK, maintaining its close alliance with the US, ought to have critically assessed American war plans and anticipated potential Iranian reactions.

22 Aug 2026 10:58 am
'Abysmal return to full-scale classic colonialism...': Iran slams latest slew of US sanctions

Iran's foreign ministry spokesperson condemned new United States economic sanctions as unlawful.He stated these sanctions represent an extraterritorial assertion of sovereignty over UN members.Secondary sanctions lack foundation in international law and violate sovereign equality principles.Economic coercion aimed at altering policy choices constitutes an internationally wrongful act.Such actions erode state sovereignty and risk a return to colonialism.

22 Aug 2026 10:44 am
No sugar, no jaggery, just 30 calories: Mumbai fitness coach shares healthy motichoor laddoo recipe

Discover a healthier twist on the beloved motichoor laddoos thanks to Mumbai fitness coach Vanshika Khurana. With only 30 calories per serving, this recipe incorporates dahlia and a zero-calorie sweetener, enabling you to enjoy a classic Indian dessert without the guilt. Its a clever way to satisfy those sweet cravings while still maintaining your commitment to healthy eating.

22 Aug 2026 10:44 am
Quote of the Day by author of Infinite Jest David Foster Wallace: If you worship money and things, if they are where you tap real meaning in life, then - Why chasing money, beauty, power and success can leave you feeling like you never have enough

David Foster Wallace cautioned against idolizing limited aspirations such as wealth or intelligence, arguing that these pursuits can yield a sense of inadequacy and anxiety. He proposes that adult life should focus on fundamental desires, as prioritizing superficial aims like social standing can be self-sabotaging. He emphasizes the importance of being consciously aware to choose values that foster growth rather than deplete it.

22 Aug 2026 10:23 am
India-Finland cooperation takes centre stage at circular economy forum

India and Finland are strengthening business and technology ties in the circular economy. Companies from both nations explored resource-efficient and sustainable growth opportunities at a forum. This event served as a precursor to the World Circular Economy Forum in Gandhinagar. Discussions focused on building competitive value chains through circularity and sustainable practices. Finnish companies see significant opportunities to collaborate with Indian partners for growth.

22 Aug 2026 10:18 am
The Odyssey OTT release date and platform details: When and where to watch Christopher Nolan's highest-grossing movie online in India

Christopher Nolan's highly anticipated film, The Odyssey, is all set for digital debut. Fans can rent or buy this epic tale through premium video-on-demand services, while physical copies will also launch on 4K Ultra HD, Blu-ray, and DVD. The film has made waves worldwide, breaking records as an R-rated blockbuster. Read on to know when and where to watch the highest-grossing movie in India on OTT.

22 Aug 2026 10:15 am
Seven must-watch Malayalam movies to watch on Netflix, JioHotstar, Prime Video and ZEE5 this Onam 2026

Celebrate this Onam season with an exciting mix of new and classic Malayalam movies perfect for family viewing. From Prithviraj Sukumaran's Classmates to Mohanlal's psychological horror Manichitrathazhu, here's a list of top seven Malayalam movies to watch on OTT. Read on!

22 Aug 2026 9:03 am
US Supreme Court's chief justice allows work on Trump's $400M White House ballroom to continue for now

US Chief Justice John Roberts has temporarily allowed construction of President Donald Trumps $400 million White House ballroom to continue while the Supreme Court considers the administrations emergency appeal. Lower courts had sought to halt aboveground construction over the lack of congressional approval.

22 Aug 2026 8:52 am
Virginia teen arrested after stabbing 42-year-old woman he had an intimate relationship with; gasoline used in planned attack

Fairfax County authorities have arrested Alexis Antonio Cedillos Campos in connection with the shocking stabbing death of co-worker Carmen Lizet Puch. The two had an 'intimate relationship' that turned deadly at Difficult Run Park, where Cedillos Campos allegedly arrived with a stolen knife and gasoline. He reportedly stabbed Puch numerous times and tried to set her ablaze. Currently, he awaits extradition from Maryland.

22 Aug 2026 8:50 am
Conservative activist demands Trump fire nasty staffers over Natalie Harp leak; reveals what President once said about her

Natalie Harp leak: Laura Loomer fiercely defended Donald Trump aide Natalie Harp against media scrutiny. She accused unnamed staffers of leaking private information and photographs to damage Harp. Newly published images show Harp running after Trump's golf cart at Turnberry. Loomer stated Trump appreciates Harp's dedication and work ethic. She warned those leaking stories that Harp is not leaving Trump's side.

22 Aug 2026 8:47 am
Chhattisgarh steps up geospatial, logistics planning with two PM GatiShakti pacts

Chhattisgarh signed pacts with BISAG-N and NLDSL to enhance geospatial technology use. These agreements aim to foster sustainable economic growth and attract new investments. The state has onboarded over 35 departments onto the PM GatiShakti platform. GIS-based identification of road black spots improves road safety interventions. Chhattisgarh is recognized as a high performer in operationalizing PM GatiShakti.

22 Aug 2026 8:41 am
From roads to toilets, student protests spotlight gaps in Indias schools

Students are protesting for basic school improvements like teachers and safe roads. Government data reveals significant infrastructure and staffing disparities across states. Many schools lack adequate toilets and internet access, impacting learning environments. Teacher deployment shows imbalances with many students in single-teacher classrooms. These issues translate into immediate barriers for children attending school.

22 Aug 2026 8:35 am
Neeraj Chopra misses gold by 9 cm, finishes second in Lausanne Diamond League; Sri Lanka's Rumesh Pathirage beats him for third time

Neeraj Chopra missed out on Lausanne Diamond League gold by just nine centimetres after Sri Lanka's Rumesh Tharanga Pathirage threw 88.14m to beat his 88.05m effort. The defeat was Chopra's third against Pathirage this season, but the silver medal gives him valuable points in the Diamond League Final qualification race.

22 Aug 2026 8:35 am
NBFC growth outlook remains resilient; margin pressures, asset quality key monitorables: Report

Non-banking financial companies anticipate steady growth in the near future. Credit demand remains healthy, and asset quality is expected to stay stable. Vehicle financiers saw accelerated asset under management growth this quarter. Gold financiers experienced moderated growth after new guidelines were implemented. Power financiers continue to show the weakest performance in the sector.

22 Aug 2026 8:35 am
Trump to star as motor race takes to streets of US capital

President Donald Trump will lead a ceremonial lap at an upcoming IndyCar race. This event is part of Washington's 250th anniversary festivities this weekend. The Freedom 250 Grand Prix will feature racing cars on city streets. Organizers are managing the significant logistical challenges for this unique race. Spectators will pass through metal detectors for security during the event.

22 Aug 2026 8:31 am
Sawan Putrada Ekadashi 2026 on August 23 or 24? Check vrat date, parana timings and Ekadashi Tithi

Putrada Ekadashi 2026 date: Sawan Putrada Ekadashi 2026 falls on August 23 for most devotees, while Vaishnava followers observe it on August 24. Know the Ekadashi Tithi, fasting date, parana timings, why the dates differ and the religious significance of this important Vishnu vrat.

22 Aug 2026 8:22 am
Coventrys long-awaited Premier League return ends in 3-0 loss to Arsenal

Coventry City faced a tough Premier League return against champions Arsenal. Kai Havertz and Bukayo Saka scored early goals for the dominant Arsenal side. Despite the defeat, Coventry's manager expressed belief in future improvement. The team aims for survival after a challenging opening fixture. Their next home game will offer a clearer picture of their prospects.

22 Aug 2026 7:55 am
19-year-old nursing student found dead in Delhi hostel room

A 19-year-old nursing student was discovered deceased in her Delhi hostel room on Friday. Preliminary inquiries suggest the student, from Najafgarh, died by suicide in her accommodation. Police and the crime team reached the scene and initiated necessary actions for investigation. Sir Ganga Ram Hospital expressed shock and is cooperating fully with the ongoing inquiry. The exact circumstances surrounding the student's death are still being examined by authorities.

22 Aug 2026 7:51 am
Delhi-NCR weather today (August 22): IMD says heavy rain, thunderstorms likely in Noida, Ghaziabad and Gurugram

Delhi NCR Rains Weather Forecast: IMD has forecast heavy rain and thunderstorms across Delhi, Noida, Gurgaon and Ghaziabad, alongside 20 states including Haryana, Punjab, Himachal Pradesh, J&K and Uttarakhand. Lightning and gusty winds are also likely in several regions. Rainfall activity is expected to remain active nationwide through August 27, with Odisha seeing fresh heavy rain from Monday.

22 Aug 2026 7:51 am
Starc tears through Bangladesh with five wickets in four-over blitz

Mitchell Starc took five wickets in his first four overs. He removed both Bangladesh openers and captain Shanto for ducks. Shadman Islam was out on the first ball of the match. Mominul Haque and Litton Das also fell to Starc. Australia captain Pat Cummins won the toss and elected to field.

22 Aug 2026 7:44 am
Actor Arjun Rampal marries longtime girlfriend in Goa. Who is Gabriella Demetriades?Check her education and career

Actor Arjun Rampal and Gabriella Demetriades have officially tied the knot in Goa. This big occasion comes after years of love and partnership, during which they welcomed two children. Read on to know more about Gabriella and thier relationship.

22 Aug 2026 7:41 am
Rain brings relief to Delhi as monsoon intensifies across north India

Rain lashed Delhi early Saturday, offering relief from hot and humid weather conditions. Monsoon showers also affected Haryana's Jhajjar district, with light rain expected until August 24. Heavy rainfall was reported in Himachal Pradesh, Assam, Gujarat, Odisha, Uttarakhand, and Uttar Pradesh. Continuous rains in Uttarakhand's Garhwal division disrupted normal life and raised river water levels. Himachal Pradesh experienced widespread road and power disruptions due to persistent heavy rainfall.

22 Aug 2026 7:37 am
H1N1 cases are rising across Indian cities from Delhi to Bengaluru: Doctors say who is at higher risk and symptoms to watch

H1N1 has emerged as the dominant flu strain across Indian cities this season, with Delhi alone logging 1,777 cases and 2,392 total Influenza-A infections this year. Labs are also reporting a rise in testing requests, with doctors flagging immunocompromised individuals, the elderly and young children as most at risk, and urging hygiene precautions like masking, hand-washing and avoiding self-medication.

22 Aug 2026 7:35 am
Pentagon fires Stars and Stripes editor after he defends editorial independence

The Pentagon dismissed the editor-in-chief and a reporter from Stars and Stripes for insubordination. These actions followed public statements defending the news outlet's editorial independence. The newspaper's publisher also announced his impending retirement and was subsequently dismissed. This move escalates tensions between the administration and the news media. The Pentagon aims to reshape Stars and Stripes content for service members.

22 Aug 2026 7:35 am
Trump calls Strait of Hormuz American territory, warns Iran over nuclear arms

President Trump stated Iran must not obtain nuclear weapons. He also declared the Strait of Hormuz as American territory. Iran rejected these claims, promising to correct the delusions. Tensions remain high over the strategic waterway and its global energy supplies. Both nations continue asserting control and issuing warnings.

22 Aug 2026 7:29 am
Anne Hathaway debuts punky pixie cut after her long-hair era, and fans may remember this look from a musical 14 years ago

Anne Hathaway has debuted an eye-catching pixie cut for her latest Vogue China photoshoot. This bold hairstyle adds a punk flair to her fashion editorial. All summer, Hathaway has been hard at work promoting her various exciting projects. Additionally, she revealed her pregnancy with her third child back in June. This fresh cropped style also echoes a previous look she sported in 2012.

22 Aug 2026 7:07 am
US, Iran trade threats as Washington readies toughest sanctions

The United States is set to announce stringent economic sanctions against Iran. These measures could significantly impact Iran and its key trading partners like China. Oil shipments through the Strait of Hormuz have nearly ceased due to Iranian threats. Iran criticizes the impending sanctions as an overreach of American authority. Both nations are exchanging defiant messages without pursuing immediate peace talks.

22 Aug 2026 7:01 am
TikTok reaches $400 million settlement with US Justice Department over children's privacy

TikTok has agreed to a $400 million settlement with the US Department of Justice. This resolution addresses allegations of violating federal children's privacy laws. The company will pay $300 million immediately and $100 million later. This action follows a 2024 lawsuit concerning data collection practices. The settlement aims to protect children's online privacy and data security.

22 Aug 2026 7:00 am
Trumps claim of 24,000 illegal 2020 voters unsupported by Census report

A recent Census Bureau report claimed thousands of noncitizens voted in the 2020 election. Experts, however, state the report's methodology is flawed and may create false positives. They noted the analysis lacks transparency and crucial details about error rates. This report's findings would not have altered the 2020 election outcome. Donald Trump continues to challenge the 2020 election results based on this report.

22 Aug 2026 6:57 am
Irumudi OTT release details: When and where to watch Ravi Teja's Telugu emotional action movie online after its theatrical run

Irumudi, starring Ravi Teja, kicked off its box office journey with impressive numbers, earning about Rs 14.80 crore net in India on its opening day. The film, which brings emotional depth with high-octane action, received strong initial feedback from viewers. Moreover, an OTT platform is in talks to secure the streaming rights. Read on to know when and where to watch the movie online after its theatrical run.

22 Aug 2026 6:55 am
Donald Trump demands UN overhaul, US plans $850 million payment

The US government plans to pay $850 million to the United Nations. This payment includes regular budget dues and peacekeeping operations contributions. The United States owes billions in dues to the international organization. Republicans expressed concerns about the payment and UN reforms. The administration previously withdrew from several UN agencies.

22 Aug 2026 6:54 am
Tesla, eight other automakers recall record 4.3 million vehicles in China

Tesla and eight automakers are recalling 4.3 million vehicles in China. This recall addresses concerns about doors being difficult to open in emergencies. The remedies include software updates and improved warning labels for door handles. This action marks China's largest automotive recall to date. Regulators are increasing scrutiny of safety defects in the electric vehicle industry.

22 Aug 2026 6:48 am
Bethlehem Kudumba Unit box office collection: Nivin Pauly, Mamitha Baiju's Malayalam rom-com movie opens on decent note, earns Rs 4.70 crore in India

Bethlehem Kudumba Unit opened positively at the box office on its release day. The film collected Rs 4.70 crore net in India on Friday. Occupancy rates showed a major increase throughout the day. Kerala contributed the majority of the film's opening day gross earnings. The movie's performance over the weekend will be closely watched.

22 Aug 2026 6:32 am
Long before modern dice existed, native Americans were already leaving the outcome to chance; here's how they did it before anyone else

Archaeological discoveries across North America have unveiled ancient bone fragments that are believed to be dice, dating back more than 12,000 years. This evidence shifts the focus away from European origins of gaming, with researchers cataloguing over 600 potential dice from various sites. These artefacts suggest that early games encouraged social bonding and resource sharing, reflecting a deep-rooted human interest in the unpredictability of outcomes.

22 Aug 2026 12:37 am
Hardeep Puri hails Assam Hydrocarbon Policy as landmark initiative; policy comes into force

Welcoming the policy, Puri said the initiative would put the Northeast on the path of fast-paced development while helping unlock Assams untapped hydrocarbon potential.

22 Aug 2026 12:27 am
Sabyasachi to enter fragrances, footwear and small leather goods categories

Sabyasachi Mukherjees luxury brand is planning to enter fragrances, footwear and small leather goods, while expanding eyewear as part of its strategy to become a global luxury lifestyle brand.

22 Aug 2026 12:15 am
Banks ride RBI swap wave to raise $12 billion via overseas debt

This week was the busiest for forex debt issuance by Indian lenders. ICICI Bank, Kotak Mahindra Bank, IDFC First Bank, HDFC Bank and Bank of Baroda together raised a massive $4.4 billion, and the bulk of the proceeds may be used to help fund the leverage for foreign currency non-resident (bank) [FCNR (B)] deposits.

22 Aug 2026 12:04 am
Samsung to reclaim top position in smartphone market this year: Counterpoint Research

Samsung is expected to reclaim the top spot in the global smartphone market in 2026, even as a worsening memory-chip shortage drives up component costs and hits overall phone shipments, according to Counterpoint Research.

22 Aug 2026 12:03 am
Tata Motors Passenger Vehicles to cost up to 25,000 more from September 1

Tata Motors Passenger Vehicles will raise vehicle prices by up to 25,000 from September 1 across its portfolio, including petrol, diesel and electric models, to partly offset higher input costs and inflation.

21 Aug 2026 11:58 pm
TV ad volumes drop again in January-July amid big digital shift

Television advertising volumes fell 7% in January-July 2026 from a year earlier, extending the decline in TV advertising as brands increasingly shift budgets towards digital platforms, according to TAM AdEx. The decline follows a 9% fall in TV ad volumes during the same period in 2025. Linear TV ad revenue had also dropped 10.3% in 2025, according to a Ficci-EY report.

21 Aug 2026 11:51 pm
LG Electronics India bets on exports, B2B products for margin boost

LG Electronics India is looking to exports and B2B products as key growth drivers as its Korean parent aims to make India a global manufacturing hub. The company expects these businesses to help improve margins amid pressure from higher raw material costs, rupee depreciation and geopolitical risks.

21 Aug 2026 11:40 pm