SENSEX
NIFTY
GOLD
USD/INR

Weather

image 21    C

The Economic Times News

Economy / The Economic Times

How scammers used Mukesh Ambanis name to cheat a 77-year-old Hyderabad woman of 1.8 crore

A Hyderabad woman was defrauded of 1.8 crore by cybercriminals who impersonated Mukesh Ambani and RBI officials. Over nine months, they convinced her to share bank details and activate net banking, siphoning money through numerous small transactions. The scam was uncovered when she found minimal funds left in her accounts.

26 Dec 2025 2:51 pm
Himachal CM Promises Fresh Probe Into Patient Assault Case; Doctors To Call Off Strike

Resident doctors in Himachal Pradesh will go on a day-long mass leave. This follows Chief Minister Sukhvinder Singh Sukhu's assurance of a fresh inquiry into a patient assault controversy. The controversy led to the termination of a senior resident doctor at IGMC Shimla. The Chief Minister has agreed to re-investigate the case and consider all evidence.

26 Dec 2025 2:48 pm
ThailandCambodia conflict explained: Why have the clashes flared up again?

Fresh clashes erupt along the Thailand-Cambodia border. Decades-old disputes over land and ancient temples reignite. Fighting intensified in December after a July ceasefire collapsed. Both sides deployed military might. Diplomatic efforts are underway to restore peace. The situation remains tense as underlying issues persist.

26 Dec 2025 2:47 pm
Red Fort blast: Court extends NIA custody of two accused

A Delhi court has extended the National Investigation Agency custody for two accused in the Red Fort blast case. Yasir Ahmed Dar will be questioned for ten more days, while Dr Bilal Naseer Malla will be quizzed for eight more days. The NIA is investigating the November 10 attack that killed 15 people.

26 Dec 2025 2:28 pm
South Korean prosecutors seek 10-year sentence for ousted President Yoon in first martial law trial

South Korea's ousted President Yoon Suk Yeol faces a 10-year prison term demand for attempting to impose martial law and other charges. The independent counsel cited obstruction of duties and abuse of power, with Yoon denying all allegations. His martial law attempt triggered a severe political crisis, leading to his impeachment and dismissal.

26 Dec 2025 2:27 pm
BLO hangs self in UP's Sitapur, family alleges intense pressure due to workload

A Booth Level Officer in Sitapur, Uttar Pradesh, allegedly died by suicide in his rented room. Identified as Umesh, he was reportedly under pressure due to his recent assignment as a BLO for the Special Intensive Revision (SIR) exercise. While family members cite work pressure, the exact cause remains under investigation.

26 Dec 2025 2:21 pm
Coal India appoints CMD B. Sairam as chief executive officer

Coal India Limited's board has appointed Chairman-cum-Managing Director B. Sairam as the company's Chief Executive Officer, effective December 15, 2025. This move aims to bolster top-level leadership at the nation's largest coal producer. Sairam, a seasoned mining professional with over three decades of experience, brings extensive expertise in operations, planning, and community engagement to the role.

26 Dec 2025 2:15 pm
VV Rajesh makes history for BJP in Kerala after being elected Thiruvananthapuram mayor in landmark win. Who is he?

BJP leader VV Rajesh made history after being elected as the Thiruvanthapuram mayor which is a first corporation win for the party in the southern state. A seasoned politician, VV Rajesh is a lawyer by profession and has been active in politics for more than 25 years. He has previously served as the Thiruvananthapuram district president and as the state president of the BJP Yuva Morcha.

26 Dec 2025 2:06 pm
Bhopal and Khajuraho Emerge as Top-Ranked Airports in AAI Survey

Airports in Bhopal and Khajuraho have achieved top rankings in a nationwide customer satisfaction survey. The survey covered 58 airports across India. Both Bhopal and Khajuraho airports secured perfect scores in the first round. In the second round, they scored 4.99 out of 5. This indicates world-class passenger services are reaching smaller Indian cities.

26 Dec 2025 2:01 pm
Who is Keaon Koloamatangi? South Sydney star back-rower reportedly heading to Dragons in 2027 in a blockbuster $5 million, five-year deal

Rising South Sydney star Keaon Koloamatangi is reportedly set to join the St. George Illawarra Dragons in 2027 on a lucrative five-year deal. This blockbuster move, worth approximately $5 million, would be a significant acquisition for the Dragons. Koloamatangi has informed the Dragons of his intention to join, despite a strong counter-offer from the Rabbitohs.

26 Dec 2025 1:59 pm
No conflict between science and dharma: RSS chief Mohan Bhagwat

RSS chief Mohan Bhagwat addressed the Bharatiya Vigyan Sammelan in Tirupati. He asserted that science and dharma are not in conflict. Bhagwat explained dharma as the governing law of creation, not just religion. He noted that science and spirituality share the same ultimate goal of knowing truth. Methodologies may differ, but the destination remains the same.

26 Dec 2025 1:56 pm
Mediation not a sign of law's weakness but its highest evolution: CJI Surya Kant

Chief Justice of India Surya Kant stated that mediation represents the highest evolution of law, fostering harmony and a transition from adjudication to participation. He envisions a multi-door courthouse as a comprehensive dispute resolution center, not just a trial venue. Mediation is recognized as a successful and cost-effective win-win solution for parties.

26 Dec 2025 1:55 pm
IPL star Vaibhav Suryavanshi felicitated with 'Pradhan Mantri Rashtriya Bal Puraskar' by President Murmu

Young Indian cricketer Vaibhav Suryavanshi received the Pradhan Mantri Rashtriya Bal Puraskar. The 14-year-old batter has achieved numerous records in age-group cricket and the IPL. His performances have drawn comparisons to Sachin Tendulkar. Suryavanshi's career has seen him break multiple batting records at a young age.

26 Dec 2025 1:53 pm
Eko OTT release date confirmed: When and where to watch Sandeep Pradeeps Malayalam hit mystery thriller movie online

Malayalam mystery thriller Eko, a surprise hit, is now heading for its digital debut. The film, praised for its slow-burn storytelling and atmospheric tension, has garnered over Rs 50 crore on a modest budget. Its understated approach and strong performances are expected to attract a wider audience on the streaming platform. Read on to know where you can watch this movie online.

26 Dec 2025 1:48 pm
Malaysia court finds ex-PM Najib Razak guilty of abuse of power in biggest 1MDB trial

Former Malaysian Prime Minister Najib Razak faces more jail time and fines. A judge found him guilty of abuse of power in the 1MDB scandal. The ruling could impact Prime Minister Anwar Ibrahim's government. Najib denies wrongdoing, claiming he was misled by financier Jho Low. The court rejected his defense regarding the source of funds.

26 Dec 2025 1:44 pm
India's real GDP growth to become more broad-based in 2026: Report

India's economy is set for strong growth through 2026. Monetary and fiscal measures are boosting domestic demand. These actions are expected to offset global economic slowdowns. Inflation is projected to remain below the Reserve Bank of India's target. Economic activity is anticipated to become more widespread. This outlook suggests a positive economic trajectory for India.

26 Dec 2025 1:37 pm
Bengali actress Parno Mittra joins Trinamool Congress

Popular Bengali actress Parno Mittra has joined the Trinamool Congress. She stated this was a conscious decision to correct a past political error. Mittra had previously joined the BJP in 2019 and contested the 2021 Assembly elections from Baranagar. She lost that election to a TMC candidate. The TMC candidate later switched to the BJP.

26 Dec 2025 1:36 pm
Indias import barriers on metallurgical coke are raising steelmaking costs, flags GTRI

India's steel ambitions face a hurdle. Policies meant to protect domestic steelmakers are making a key ingredient, metallurgical coke, more expensive. This input squeeze raises steel costs, impacting margins and export competitiveness. The issue cascades through industries like automobiles and infrastructure. Experts urge a policy rethink to align input and output strategies for sustained growth.

26 Dec 2025 1:31 pm
Quote of the day by Bruce Springsteen: 'Its not the time in your life, its the life in your time'

Bruce Springsteen's words talked about living fully in each moment. His quote, Its not the time in your life, its the life in your time shows his journey. Growing up in Freehold, New Jersey, he found meaning through music. His experiences shaped his perspective. This approach led to his acclaimed career and personal healing. Read on!

26 Dec 2025 1:28 pm
Year Ender 2025: 9 gamechanger car launches that redefined the auto industry

2025 Year Ender: India's auto sector in 2025 showcased maturity, with passenger vehicle sales resilient amidst inflation, driven by SUVs and EVs. Carmakers focused on technology, safety, and electrification, while refreshing existing models. Nine key launches reshaped expectations, signaling the market's evolving landscape towards premiumization and electric mobility.

26 Dec 2025 1:25 pm
Young man reveals how he lost 20 kg in 6 months without avoiding calories: 'Have a carb-heavy meal...'

A young man achieved significant weight loss, shedding nearly 20 kilograms in six months. His journey involved distinct training phases, focusing on powerlifting and a half marathon. He emphasized calorie deficit as the core of his success. Adequate protein and strategic fueling supported his demanding routines. His approach offers insights for fitness enthusiasts.

26 Dec 2025 1:22 pm
Hundreds of billions at stake? Microsoft AI CEO Mustafa Suleyman sounds alarm for staying in the AI game over the next five to 10 years

Mustafa Suleyman, the head of Microsoft AI, has said that companies may have to spend hundreds of billions to lead the race of Artificial Intelligence, adding that competing at the top level of AI will require an investment of hundreds of billions of dollars over the next five to ten years. His remarks come at a time when major tech companies have also invested billions of dollars in building AI data centres.

26 Dec 2025 1:22 pm
Housing sale dip by 14% due to increase in property prices

Despite a 14% dip in housing sales across India's top 7 cities in 2025, the overall sales value jumped 6% to over Rs 6 lakh crore. While sales volumes stabilized, new launches increased slightly, with a significant portion in the luxury segment. Price appreciation tapered to single digits, except for NCR's 23% rise.

26 Dec 2025 1:13 pm
Tata Steel arm faces $1.6 billion class action lawsuit in Dutch court over alleged health damage

Tata Steel's Dutch arm faces a $1.6 billion collective action lawsuit filed by a Dutch NGO over alleged environmental and health impacts near its IJmuiden operations. The NGO claims damages for increased health risks and reduced home values due to emissions. Tata Steel denies the claims, calling them speculative, and is prepared to defend itself.

26 Dec 2025 1:02 pm
'Danger to human life': Mumbai businessman fined Rs 5,000 for feeding pigeons in public

A Mumbai businessman has been convicted for feeding pigeons in a public place, marking the first such ruling since the Bombay High Court banned the practice. The court found the act posed a risk to public health and violated government directives, imposing fines under the Bharatiya Nyaya Sanhita. The businessman pleaded guilty, and the court deemed a monetary penalty sufficient.

26 Dec 2025 1:01 pm
Goa 2025: Nightclub blaze casts shadow; FIDE World Cup, IFFI bring cheer

Goa's tourism sector faced a setback following a tragic nightclub fire. The state government encountered criticism regarding corruption and deteriorating law and order. Despite these challenges, Goa hosted significant events like the FIDE World Cup and the International Film Festival of India. The BJP maintained its political dominance in local elections.

26 Dec 2025 12:59 pm
$15 billion haul: The year world fell in love with an Indian business

Year ender 2025 special: India's banking sector became a global money magnet in 2025, attracting an estimated $14-15 billion in foreign investment. Major deals by Mitsubishi UFJ and Emirates NBD signaled deep strategic engagement, not just passive participation. This influx, driven by India's robust growth, cleaner balance sheets, and regulatory maturity, promises to reshape the financial landscape, fostering consolidation and innovation.

26 Dec 2025 12:53 pm
Rehman Dakaits friend thanks India for doing what Pakistan couldnt as Akshaye Khannas Dhurandhar grips Karachi

Bollywood's film Dhurandhar has crossed 1,000 crore globally. Akshaye Khanna plays a character inspired by Lyari gangster Rehman Dakait. A close associate of Dakait sarcastically thanked Indian cinema for portraying him as a villain. He claimed Dakait was a hero who protected Lyari. The film's success has revived discussions about the gangster's life and legacy.

26 Dec 2025 12:32 pm
Colgate India gets Rs 267 cr demand order from taxman

Colgate-Palmolive India has received a tax demand order for Rs 267.64 crore. This relates to fiscal year 2021-22. The demand is for adjustments in inter-company pricing and disallowed expenses. The company will appeal the order. This demand does not impact current operations or financials. The industry is seeking clarity on tax rules.

26 Dec 2025 12:29 pm
Maharashtra 2025: Thackeray cousins' alliance, Mahayuti gains in local polls hog limelight

Maharashtra's political landscape saw Uddhav and Raj Thackeray reunite for civic polls after two decades, while the Devendra Fadnavis-led Mahayuti government consolidated power. Despite controversies and internal friction, the ruling alliance secured victories in local elections, highlighting opposition weaknesses. Key events included a murder probe, a Hindi language mandate rollback, and significant defections to the ruling camp.

26 Dec 2025 12:28 pm
Battling 'vote chori' allegations in 2025, EC held roll revision in 14 states, UTs; voters' list cleanup in remaining 22 states in 2026

The Election Commission is undertaking a major revision of electoral rolls nationwide, which aims to ensure accuracy and address allegations of vote theft. The process is ongoing in several states and will continue next year. Bihar saw successful polls with reduced violence and improved polling experiences.

26 Dec 2025 12:27 pm
Modi govt is turning Indias coldest months into hot business deals

India's winter is experiencing unprecedented momentum, driven by a surge in destination weddings and increased tourism. This trend, amplified by government initiatives promoting winter travel and domestic celebrations, is significantly boosting sectors like aviation, hospitality, and retail, marking winter as a key economic growth period.

26 Dec 2025 12:13 pm
Employee asked for resignation. What happened next left him shocked: 'I am exhausted....'

An Indian employee's resignation plans hit a snag. After informing HR of his departure due to health concerns, his employer allegedly delayed his salary and imposed new conditions. The employee, who is on probation and had his work-from-home request denied, is seeking advice on recovering his unpaid wages and securing his exit documents.

26 Dec 2025 12:08 pm
Flat, festive, then furious: How 2025 delivered a supercharged plot twist to Indias auto story

India's automobile industry faced a slow start in 2025 with declining sales. A significant Goods and Services Tax reform announced on August 15th dramatically altered the landscape. Following the tax reduction, demand surged unexpectedly. October saw record-breaking retail sales across vehicles. This momentum continued through November, with manufacturers expanding production to meet the renewed appetite for cars and two-wheelers.

26 Dec 2025 12:02 pm
No stops, new laws, longer roads: Inside the transport ministrys 2026 roadways agenda

India's road transport ministry will focus on barrier-free tolling and a new Road Safety Bill in 2026. These initiatives aim to significantly cut down the 1.8 lakh annual road fatalities. Several major expressways like Delhi-Mumbai and Amritsar-Jamnagar will be inaugurated. The ministry also plans to award thousands of kilometers of new highway projects and launch a Public InvIT.

26 Dec 2025 11:48 am
SBI Clerk Mains Result 2025: Check the expected date, cut-off, steps to download scorecard and more

SBI Clerk Mains Result 2025 is anticipated shortly on the official website. Candidates can check their status in a PDF format. The State Bank of India conducted the exam on November 21, 2025. Along with the results, cut-off marks will be published. A waiting list will also be released. Vacancies are available across various categories.

26 Dec 2025 11:42 am
Enforcement Directorate books UP Islamic preacher in money laundering case

The Enforcement Directorate has initiated a money laundering case against Maulana Shamsul Huda Khan. The preacher, based in the UK, faces allegations of radical links and illegal funding activities. Investigations reveal he allegedly continued to draw salary from a UP government-aided madrassa for years after acquiring British citizenship. Funds were reportedly channelled through his NGO and personal accounts.

26 Dec 2025 11:40 am
Defence Ministry may clear major indigenous defence projects today including integrated air defence weapon system

Defence Ministry's apex procurement body, Defence Acquisition Council, is expected to meet today to clear major indigenous projects for the Indian defence forces, including a homegrown integrated air defence weapon system for the protection of the Delhi NCR region from aerial threats.

26 Dec 2025 11:39 am
Lord Vishnu statue demolition in Cambodia row: Why was the idol destroyed in An Ses area and what Thailand, India said about the controversy?

The alleged demolition of Lord Vishnu statue in Cambodia by Thailand triggered a huge controversy with Thailand defending the move. Videos online showed the Lord Vishnu statue being taken down using a backhoe drawing criticism from India. The videos renewed focus on the long-running border dispute between Thailand and Cambodia.

26 Dec 2025 11:36 am
Sydney to Hobart Yacht Race 2025: Know everything about the 80th edition; Can LawConnect claim a line honours hat-trick?

The historic 80th Sydney to Hobart Yacht Race commences on Boxing Day, December 26, 2025. Defending champion LawConnect, owned by Christian Beck, aims for a historic third consecutive line honours victory. The 628-nautical-mile course presents a significant challenge, with unpredictable Bass Strait conditions and strong rivals ensuring a thrilling contest.

26 Dec 2025 11:33 am
Amid a battery boom, graphite mining gets a fresh look in the US

America is restarting its graphite mines after decades. Demand for this key battery material is soaring, driven by electric cars and electronics. Companies like Titan Mining in New York are developing new sites. This move aims to secure domestic supply chains and lessen dependence on China. Future production could meet significant US needs.

26 Dec 2025 11:30 am
Sarvam Maya actress Riya Shibu is winning hearts. Check her education and career. At 19, she turned producer of Chiyaan Vikram's movie

Nivin Pauly's latest, Sarvam Maya, a Christmas release, is a hit, with Riya Shibu's performance as the titular character drawing significant praise. The young actress, also a producer at 19, has impressed audiences with her confident portrayal. Her journey from social media to the silver screen is amusing. Read on to know more about her journey till now.

26 Dec 2025 11:18 am
Friday OTT releases this week (Dec 2430): What's new this week on Netflix, ZEE5 and JioHotstar

Don't miss the year's biggest streaming events! From the epic finale of Stranger Things 5 to the remastered Baahubali: The Epic, our ultimate Dec 2431 OTT guide covers every must-watch release on Netflix, ZEE5, and JioHotstar. Plus, catch Simu Liu in The Copenhagen Test and Kate Winslets directorial debut

26 Dec 2025 11:13 am