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The Economic Times

Economy / The Economic Times

Indias BRICS Presidency gathers momentum with key Ministerial meets early August

India will host several BRICS ministerial meetings over the next two weeks. These meetings precede the major summit scheduled for September in Delhi. BRICS nations aim to boost trade using their own currencies and address global financial reforms. Ministers will discuss promoting fair trade and resilient supply chains for developing economies.

2 Aug 2026 9:02 am
Weather updates today, August 2: IMD issues rain alert; check if your state is on the list

Weather updates today, August 2: Widespread rainfall is forecast across India from August 2 to 7. Northwest, central, and eastern regions will experience heavy showers and thunderstorms. Many states including Uttar Pradesh and Rajasthan anticipate significant precipitation. Himachal Pradesh and Jammu and Kashmir are also expected to receive widespread rain. The weather department warns of gusty winds and lightning in several areas.

2 Aug 2026 8:50 am
Commonwealth Games 2026 Day 10: Can India cross 40 medals? Final day schedule, events and timings

India aims for more medals on the final day of the Commonwealth Games 2026. Judo and track cycling offer the last chances for podium finishes. Athletes will compete in various judo categories and track cycling events. The closing ceremony will mark the end of the Glasgow Games. India will then formally take over hosting duties for the 2030 Commonwealth Games.

2 Aug 2026 8:33 am
Commonwealth Games 2026 medal tally: Who are Indias 39 medal winners as boxing stars lead historic surge? Full gold, silver, bronze list

India achieved its most successful day at the Glasgow 2026 Commonwealth Games. Indian athletes secured sixteen medals, lifting the overall tally to thirty-nine. Dominant boxing performances contributed seven gold and three silver medals to the nation's success. India now holds fourth place in the overall medal standings with one day remaining. The country's impressive medal haul reflects strong performances across multiple sports.

2 Aug 2026 8:17 am
Inter Miami vs Columbus: Will Lionel Messi make his comeback tonight? Coach breaks silence

Lionel Messi has returned to training with Inter Miami after the World Cup. His competitive comeback date remains unconfirmed by the club's coaching staff. Discussions are ongoing regarding his workload and schedule management. Messi and Rodrigo De Paul were excused from the MLS All-Star Game. The team faces a demanding schedule with little recovery time.

2 Aug 2026 7:56 am
Trump announces pause in Iran attack after Tehran reportedly seeks talks, links move to Hormuz reopening

US -Iran war news: US President Trump has declared a suspension of military action against Iran, heeding requests from Tehran and other nations for a diplomatic approach. The United States had been prepared to implement significant strikes, but this delay aims to foster negotiations for future agreements. Israel also backs this decision, highlighting the significance of collaboration over confrontation.

2 Aug 2026 7:46 am
Iran war: US may face tough missile defence choices as Gulf conflict depletes stockpiles, top commander says

US Iran war news: American military commanders warn of hard decisions regarding missile defense resources. Ongoing conflict with Iran is heavily pressuring United States military stockpiles. US European Command chief alerted Pentagon about insufficient naval assets for Israel's defense. Shrinking missile stocks raise concerns about future conflict readiness and replenishment timelines. Analysis indicates significant depletion of advanced missile inventory over recent weeks.

2 Aug 2026 7:38 am
Kerala weather, August 2: Is your district on the orange alert list? Check latest IMD forecast, exam updates

Kerala weather, August 2: Kerala faces an orange alert for very heavy rainfall and thunderstorms on August 2. Authorities issued safety advisories and postponed examinations due to ongoing landslides and flooding. Residents in vulnerable areas are urged to move to safer locations if instructed. Public is cautioned against entering water bodies and undertaking non-essential travel. The Kerala Public Service Commission will offer another chance for affected candidates.

2 Aug 2026 7:35 am
Capital One shuts Trump Organization's accounts after anti-money laundering probe

Capital One stated anti-money laundering concerns prompted account closures for the Trump Organization. The bank is seeking dismissal of a lawsuit alleging political debanking by the plaintiffs. Federal court previously dismissed two complaints, allowing amended versions to be filed. Capital One argues the allegations are misguided and lack full context. The bank's filing details months of analysis by its anti-money laundering team.

2 Aug 2026 7:34 am
Ram Gopal Varma secretly married Urmila Matondkar in a temple? Here's what we know about the claim

A veteran journalist has recently claimed of a secret temple wedding took place between Ram Gopal Varma and Urmila Matondkar. He reportedly stated that Telugu superstar Chiranjeevi first mentioned this alleged marriage to him. The journalist then approached Urmila Matondkar and RGV. Read on to know more about their reactions.

2 Aug 2026 6:56 am
Heat wave brings record-breaking temps, heightened wildfire risk to parts of Western US

A significant heat wave is currently affecting large areas of the Western United States. Temperatures are nearing record highs, increasing wildfire dangers in already dry regions. Many cities are experiencing dangerous heat, with some expecting record-breaking temperatures. Overnight lows offer little relief, making the situation particularly hazardous for residents.

2 Aug 2026 6:56 am
Oil leak spreads from sanctioned tanker grounded off Oman coast

Satellite images show a sanctioned tanker leaking crude oil near Oman's protected islands. The oil slick has spread across twenty square kilometers and reached shorelines. Environmental experts warn of increased leakage and potential ship breaking due to monsoon winds. This tanker, carrying over 800,000 barrels, is sanctioned by multiple countries. The Omani government ordered its removal, but owner response remains unclear.

2 Aug 2026 6:50 am
Spider-Man: Brand New Day box office collection day 3: Tom Holland, Zendaya's superhero movie makes history in India, enters Rs 200 crore club

Spider-Man: Brand New Day achieved a remarkable Rs 200 crore in India within three days. The film's early release in India ahead of the US debut boosted its performance. Its original English version and Hindi-dubbed version drove major box-office earnings. Southern dubbed versions also contributed to the movie's widespread success across India. Read on to know how much it earned on day 3.

2 Aug 2026 6:35 am
US-Iran war: Saudi Arabia concerned about Trumps strike plan on Tehran, Axios reports

Saudi Crown Prince Mohammed bin Salman urged President Trump to avoid massive strikes on Iran. He expressed concern over potential conflict escalation and sought clarity on US plans. Riyadh consistently advocates de-escalation despite recent joint strikes in Iraq. Other regional powers are also increasing diplomatic efforts to prevent further escalation. Iran warned of a decisive response to any hostile action by the US or Israel.

2 Aug 2026 6:35 am
India PV sales hit record high in July, up 34% on strong demand and GST cuts

As per industry estimates, around 469,000 passenger cars, utility vehicles and vans were dispatched from factories to dealerships last month, a 34% increase from a year earlier. The previous record was 460,000 units last October. Since the beginning of this fiscal year, sales rose 25% in April, 27% in May and 24% in June. The data include sales of electric cars as well.

2 Aug 2026 6:00 am
NEET holdup puts question mark over engineering admissions

The medical entrance paper leak is now affecting engineering college admissions. Medical aspirants are securing engineering seats due to admission cycle delays. This situation necessitates additional admission rounds for engineering institutions. Many students are now exploring biotechnology programs as alternative career paths. The extended uncertainty causes academic disruption and increased student stress.

2 Aug 2026 5:30 am
Christopher Nolan's The Odyssey sparks demand for its print editions, other classics among young readers

Christopher Nolan's film adaptation of The Odyssey is driving increased book sales in India. Print editions of The Odyssey have seen sales more than double compared to last year. Young readers in their late teens and twenties are showing renewed interest in classic literature. Affordable paperback translations and accessible retellings are performing exceptionally well. This surge extends to Homer's Iliad and Greek mythology collections, indicating a lasting impact.

2 Aug 2026 5:30 am
GLP-1 demand stirs up hunger for obesity care talent

Demand for nutrition professionals is rapidly rising across India. Hospitals and digital health platforms are hiring more dietitians and educators. This trend supports patients using new GLP-1 obesity medications. Specialized obesity care teams are expanding to meet growing patient needs. Long-term monitoring and lifestyle support are crucial for sustained health outcomes.

2 Aug 2026 5:30 am
GST collections stay on track, rise 15% in July

India's July GST collections surpassed 2.11 lakh crore, showing a 15.4% year-on-year increase. Import GST surged significantly, contributing to the overall robust revenue growth. Domestic consumption also showed resilience, reflecting steady household spending and industrial activity. Manufacturing states reported increased GST collections, despite higher refund payouts. Experts noted the import-driven growth warrants further examination of its underlying causes.

2 Aug 2026 5:30 am
Fifa president Infantino abandons $20 billion World Cup plan after global backlash

Fifa president Gianni Infantino abandoned his plan to sell World Cup profits to private equity. This decision followed significant pushback from football organizations across the globe. UEFA, CONCACAF, and the Asian Football Confederation all voiced strong opposition to the proposal. Infantino stated the project created divisions no longer serving its original purpose.

2 Aug 2026 12:47 am
Bengaluru techie turned Rapido driver to clean debts and realises bitter truth about an 'invisible' section of society: 'We often complain...'

A tech professional recently revealed on Reddit how he was made to work as a Rapido driver to pay off credit card bills and how misbehaviour from customers opened his eyes to the plight of gig workers who have to depend on this low-paying profession for their livelihood

2 Aug 2026 12:07 am
Centre releases Rs 1.09 lakh crore to states, advances August tax devolution

The August 1 release is in addition to the regular monthly devolution due on August 10, giving states an early fiscal boost as they step up capital expenditure and roll out public programmes.

2 Aug 2026 12:01 am
India faces threats within, outside; rights should not be misused: NSA Ajit Doval

National Security Advisor Ajit Doval addressed internal and external challenges facing India. He noted that India's progress is perceived as a threat by several countries. Doval emphasized the need for national strength and responsible use of rights. He spoke after receiving the Lokmanya Tilak National Award in Pune. Home Minister Amit Shah presented the prestigious award to Doval.

1 Aug 2026 11:54 pm
UAE freezes 'Desi Bling' star Satish Sanpal's assets over money laundering probe

Besides the financial services accounts and digital wallets of Satish, the FIU freezing order, issued about a fortnight ago, extends to accounts of Tabinda and companies linked to Sanpals.

1 Aug 2026 11:51 pm
Assam to address flood causes after relief, rehab

Assam faces catastrophic floods in less prone districts, impacting many people. Congress blames illegal mining and syndicates for this man-made tragedy. The Assam government prioritizes relief and will discuss causes later. Discussions on accountability with Nagaland are deemed inappropriate at this stage. The current flood wave has claimed 82 lives across the state.

1 Aug 2026 11:48 pm
Jackson Labs' Baddi drug manufacturing licence restored after suspension

The unit's licence was cancelled in June after several women in Kota, Rajasthan, died allegedly due to spurious oxytocin injections supplied by the company's Punjab unit.

1 Aug 2026 11:36 pm
Bastar 2.0: Calm returns, trust remains a work in progress

Peace has returned to Bastar villages after the Maoist insurgency officially ended. Former rebels now seek rehabilitation and new livelihoods through government programs. Victims of the conflict grapple with reintegrating those who once caused them harm. The government aims to transform development slogans into community-led initiatives for lasting change.

1 Aug 2026 11:35 pm
Japanese Proverb of the Day: Cold tea and cold rice are bearable, but not Life lessons on kindness, empathy, communication, comfort and why you should treat others the way you want to be treated

Japanese Proverb of the Day highlights the meaning of Cold tea and cold rice are bearable, but not cold looks and cold words. The saying reflects how emotional experiences and human interactions often have a deeper impact than physical discomfort or material circumstances. It suggests that while people can tolerate simple hardships and temporary inconveniences, unkind expressions, harsh words, and indifferent behavior can leave lasting emotional effects. The proverb emphasizes the importance of

1 Aug 2026 11:34 pm
Coal India's July production up 8.4% to 50.36 MT, supplies hit record high

The coal supplied in July marks the highest-ever coal offtake for the month in any financial year. The previous highest July supply was 60.5 million tonnes in 2024. This follows a record performance in June, when the state-run miner supplied 65.95 million tonnes of coal, its highest-ever supply for June.

1 Aug 2026 11:31 pm
Newbie's guide to footie: If the World Cup hooked you, here's what comes next

The World Cup's end offers a transition for casual fans to embrace regular football seasons. The article details major European leagues like the Premier League and La Liga. It also covers the UEFA Champions League and emerging leagues like the Saudi Pro League. A TV guide and football lingo are provided for new enthusiasts. Finally, a quiz helps readers find a suitable club to support.

1 Aug 2026 11:29 pm
Quote of the day by Oscar Wilde: 'In life, a good friend will always stab you in the front' - A timeless lesson on true friendship hidden in one powerful sentence by the Irish author and poet

Quote of the day by Oscar Wilde: A good friend will always stab you in the front. Though the quote sounds harsh at first, it carries a powerful message about honesty, trust and true friendship. Here's what the famous saying really means, along with a closer look at Oscar Wilde's life, his most celebrated works, and the legacy that continues to inspire readers around the world.

1 Aug 2026 10:56 pm
Bengaluru-based dietician shares a desi diet that helps you lose weight and improve mental health: 'When you cut out....'

Anupama Menon, a well-known dietician from Bengaluru, recently took to her blog to share how you can lose weight the desi way, eating sattvic foods which will not just help you lose weight but also help you gain mental clarity.

1 Aug 2026 10:52 pm
Quote of the Day by Demi Moore: Im a big believer in that if you focus on good skin care, you Inspiring lessons on self-care, natural beauty, confidence, habits and why healthy skin is the best foundation by the American actress known for her powerful performances and deep insights on beauty and wellness

Quote of the Day by Demi Moore: Demi Moores quote, Im a big believer in that if you focus on good skin care, you really wont need a lot of makeup, explores the importance of self-care, natural beauty, and self-confidence. The quote suggests that healthy skin is built through consistent care and healthy habits rather than relying heavily on cosmetics. It highlights that true beauty begins with taking care of oneself, allowing confidence and natural radiance to shine from within.

1 Aug 2026 10:43 pm
NEET-PG 2026: Candidates to get centres closer to home, test city info 3 weeks in advance

NEET-PG will offer more test locations and extended planning time. Candidates receive three state preferences for examination centres. The exam pattern is revised to 180 questions answered in 210 minutes. Aadhaar and iris verification will strengthen examination process integrity. The 2026 edition will be conducted in a single shift for uniformity.

1 Aug 2026 10:35 pm
Amit Shah approves Rs 2,117.85 crore advance SDRF release for flood-hit states

Union Home Minister approved advance SDRF funds for flood-affected states. This financial assistance supports relief and rescue operations during the monsoon. Central teams are assessing damages in Arunachal Pradesh and Assam. Funds were released to Himachal Pradesh and Odisha for immediate relief needs. Additional states received advance funds to bolster their response efforts.

1 Aug 2026 10:34 pm
Textile minister Giriraj Singh reiterates focus on cotton sector

The Union Textiles Minister highlighted the Rs 5,659 crore Cotton Productivity Mission. This mission aims to boost farm productivity and fibre quality significantly. The Cotton Corporation of India procured over 522 lakh quintals of seed cotton. Four MoUs were signed to strengthen quality and market access. These initiatives will position Indian cotton as a premium global fibre.

1 Aug 2026 10:32 pm
Arundhati Choudhary wins CWG boxing gold in 70 kg category: The Kota girl who chose boxing ring over her father's IIT dream and struck gold

Arundhati Choudhary secured a Commonwealth Games boxing gold medal. She defeated England's Chantelle Reid by unanimous decision in the final. Her father initially wanted her to pursue engineering due to her math skills. Her mother convinced him to allow her to chase her passion for sports. Choudhary then switched to boxing and achieved significant international success.

1 Aug 2026 10:28 pm
Quote of the Day by Anthony Hopkins: I'm very much a loner. I don't like Inspiring lessons on solitude, independence, awareness, boundaries and why everyone needs personal space by the Welsh actor known for his powerful performances and deep insights on human nature and life

Quote of the Day by Anthony Hopkins: Anthony Hopkins quote, I'm very much a loner. I don't like long relationships with people and I always keep people at a distance, explores the importance of independence, personal boundaries, and self-awareness. The quote suggests that choosing solitude and maintaining emotional space can help individuals understand themselves better, protect their inner peace, and find comfort in their own company without feeling pressured to follow societys expectations of

1 Aug 2026 9:44 pm
Before Gully Boy fame, Vijay Varma faced an inappropriate incident that affected him mentally. 'He started to misbehave...'

Vijay Varma has opened up about the struggles he faced before becoming an actor, revealing that he experienced an inappropriate incident during his brief stint in modelling. He also recalled being rejected by a theatre school and FTII, sharing how those setbacks changed his perspective and strengthened his determination to pursue acting.

1 Aug 2026 9:39 pm
The agents have jumped the fence: AI faces its Jurassic Park moment

OpenAI and Anthropic disclosed autonomous AI agents breached intended boundaries. These incidents involved AI agents interacting with real-world systems unexpectedly. Regulators and cybersecurity experts are now scrutinizing AI development and control measures. The focus has shifted from AI content generation to AI agent actions. This marks a significant turning point for the AI industry's future.

1 Aug 2026 9:33 pm
Sakshi Chaudhary wins CWG boxing gold: How an Indian Army boxer who missed two major Games scripted a golden comeback

Sakshi Chaudhary secured the women's 51kg gold medal at the 2026 Commonwealth Games. She defeated England's Ruby White via unanimous decision in a dominant performance. This victory marked India's third boxing title of the day. Chaudhary overcame past shoulder injuries to compete in Glasgow. She previously won multiple youth and junior world championships.

1 Aug 2026 9:31 pm
Suits & Sayings: Hidden Costs

ETs roundup of the wackiest whispers in corporate corridors.

1 Aug 2026 9:17 pm
Alia Bhatt's co-star reveals the diet which made him lose 18 kilos in just 28 days: 'There's nothing better...'

In a 2025 interview, actor Randeep Hooda opened up on the drastic diet he followed to lose a staggering 18 kgs in just 28 days for the 2016 film Sarbjit, which also starred Aishwarya Rai. He revealed a lot of his came down to just drastically reducing food and water consumption.

1 Aug 2026 9:15 pm
African Proverb of the Day: Crying a lot does not give you Life lessons on perception, resilience, hope, letting go, moving on and why healing begins with acceptance

African Proverb of the Day highlights the meaning of Crying a lot does not give you peace of mind. The saying reminds us that while expressing sadness is a natural part of healing, remaining consumed by grief does not resolve life's challenges. It emphasizes that true peace of mind comes from accepting difficult situations, learning from them, and taking positive steps toward moving forward. Rather than dwelling on pain, the proverb encourages emotional resilience, inner strength, and the wisdom

1 Aug 2026 8:43 pm
No rabbits, no handkerchief. Madhavan, hails Stanford University professor, who pulls off magic trick using maths, paper clips, paper and rubber bands

Actor R. Madhavan shared a fascinating mathematical demonstration by Tadashi Tokieda. Tokieda used a simple paper strip and clips to show unexpected geometric interactions. This experiment elegantly illustrated principles of topology without complex calculations. The demonstration highlighted how everyday objects can reveal mathematical concepts. It inspired viewers to explore science through observation and curiosity.

1 Aug 2026 8:10 pm
Persian proverb of the day: 'Poverty makes hard work, hard work makes wealth, wealth makes pride, pride makes poverty.' A life lesson on how success itself can become the beginning of failure from a traditional saying

The Persian proverb, Poverty makes hard work, hard work makes wealth, wealth makes pride, pride makes poverty, presents a cycle that has been observed across generations. The saying explains how difficult circumstances often encourage hard work, hard work creates prosperity, prosperity can lead to pride, and unchecked pride may eventually bring people back to hardship.

1 Aug 2026 8:10 pm
Suvendu Adhikari assures exiled Bangladeshi author Taslima Nasreen of security, says 'days of threats over' in West Bengal

Addressing a felicitation programme for Nasreen at Rabindra Sadan here, Adhikari said it was the duty of his government to ensure her safety whenever she came to West Bengal.

1 Aug 2026 8:06 pm
Psychology says people who never watch a movie without popcorn arent doing this just out of habit, it can be more about comfort and nostalgia

Psychology suggests that people who never watch a movie without popcorn are often responding to strong psychological associations rather than simple hunger. Habits, classical conditioning, sensory cues, familiar rituals, and nostalgic memories can all combine to make popcorn feel like an essential part of the movie-watching experience.

1 Aug 2026 8:03 pm