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The Economic Times

Economy / The Economic Times

Narayana Health, NDB sign pact to share smart hospital expertise

Narayana Health and the New Development Bank have signed a knowledge-sharing agreement. This partnership aims to strengthen smart hospital capabilities and patient-centric healthcare services. The collaboration will focus on digital health and technology transfer for emerging economies. NDB president Dilma Rousseff and Narayana Health chairman Dr Devi Shetty signed the memorandum. This initiative supports NDB's mission to finance development projects in emerging markets.

13 Aug 2026 5:12 pm
Jaro Education Q1 PAT up 48.27 pc at Rs 11.16 crore

Jaro Education reported a 48.27% year-on-year rise in profit after tax to Rs 11.16 crorefor the quarter ended June 30, 2026, compared with Rs 7.53 crore a year earlier. Its total income increased 19.43% to Rs 72.62 crore.

13 Aug 2026 4:56 pm
India in 'regular contact' with US on trade deal, says Commerce Secretary Rajesh Agarwal

Commerce Secretary Rajesh Agarwal says India-US trade talks remain on track despite tariff shifts, as both sides stay committed to February's framework deal amid a looming Russian oil tariff bill in the US Senate.

13 Aug 2026 4:53 pm
Indian bank deposits jump by $115 billion over three fortnights to record high

Indian banking system deposits have reached a record high after recent significant growth. This surge is primarily supported by dollar inflows into banks from a central bank scheme. The Reserve Bank of India's foreign-currency non-resident scheme attracted substantial foreign currency deposits. These inflows have helped boost overall banking system deposits to a new record level. Credit conditions are expected to remain strong as deposit growth continues.

13 Aug 2026 4:32 pm
Nitin Gadkari reveals one exercise which helped him go from 135 kg to 89 kg: It can also help keep blood sugar in control, say experts

In a recent interview with director-turned-YouTuber Farah Khan, Union Minister for Road Transport and Highways Nitin Gadkari revealed how he lost a whopping 46 kgs. He said that his weight loss journey was purely a product of discipline and not compromising on being active.

13 Aug 2026 4:32 pm
Parents can get up to $5,000 per violation by suing social media apps; this US state signs act to protect kids from social media addiction- here's everything you need to know

New Jersey enacted the Kids Code Act, which will regulate online services for minors. This law aims to increase platform responsibility for child user engagement and data. Notifications will be restricted, and parents will gain legal recourse for violations. Children's data usage and algorithmic recommendations will face new limitations. The act seeks to balance technology's benefits with protections for young users.

13 Aug 2026 4:15 pm
Left AAP as I wasn't being heard, don't care about labels: Harbhajan

Harbhajan Singh explained his move from AAP to BJP citing unaddressed concerns within his former party. He felt his ideas for sports promotion were not heard by the Aam Aadmi Party leadership. Protests occurred at his home after he joined the Bharatiya Janata Party this April. Singh questioned AAP's unfulfilled promises regarding Punjab's significant drug abuse problem. He emphasised his commitment to India and Punjab's welfare above political discourse.

13 Aug 2026 4:05 pm
Tata Chairman Chandrasekaran's exit fuels concerns over power of controlling charity

N Chandrasekaran's resignation as chairman of Tata Sons highlights rising tensions with the controlling Tata Trusts, which owns 66% of the holding company. This shake-up raises alarms over potential instability within the conglomerate. Investors express unease regarding the group's capacity to pursue independent goals, especially as it navigates losses in aviation and e-commerce while striving to launch global products.

13 Aug 2026 4:05 pm
What happened inside Indiana Tim Hortons? 75-year-old customer dies after fight but employee escapes criminal charges

An Indiana Tim Hortons employee will not face criminal charges after a fight with a 75-year-old customer who later died. Prosecutors explained why the workers injuries, including facial scratches, bruising and hair pulled from her scalp, played a key role in the decision. The employee's use of force during the altercation at Tim Hortons was justified as 'defense', the prosecutors said.

13 Aug 2026 4:01 pm
Whats a black hole star? Astronomers spot a strange red object bigger than our entire solar system

Black Hole Star Discovery: Astronomers using Nasas James Webb Space Telescope may have discovered a new type of cosmic object called a black hole star. The strange red object, known as MoM-BH*-1, appears to combine features of stars and black holes and could offer new clues about how galaxies and supermassive black holes formed in the early universe.

13 Aug 2026 3:59 pm
BharatBenz gets Rs 4,000 crore boost as Daimler India expands in Tamil Nadu

Daimler India Commercial Vehicles plans a significant Rs 4,000 crore investment in Tamil Nadu. This expansion will strengthen its BharatBenz brand and create approximately 400 new jobs. The investment aims to enhance product development and manufacturing capabilities for rising domestic demand.

13 Aug 2026 3:57 pm
Hinduja Group commits Rs 2,500 cr investment in Tamil Nadu

Hinduja Group plans a significant Rs 2,500 crore investment across its Tamil Nadu businesses. This includes renewable energy projects and electric mobility solutions. The group will develop over 200 MW of clean energy generation capacity. Electric buses will be operationalised for public transport in the state.

13 Aug 2026 3:55 pm
A strange object seen from space could rewrite Amelia Earhart disappearance story. Explorers feel 'very confident about this' as they set out to solve one of biggest mysteries of 20th century

Nearly 90 years after Amelia Earhart vanished during her attempt to fly around the world, a new expedition is bringing fresh attention to one of aviations biggest unsolved mysteries. Researchers are preparing to investigate a puzzling lead in the Pacific that could change what is known about the famous pilots final journey. The search comes after decades of theories, expeditions and failed attempts to find definitive answers about Earhart and her missing aircraft.

13 Aug 2026 3:50 pm
India's electronics exports surge 11-fold to Rs 4.24 lakh crore, women's workforce nears 30%

India's electronics export industry has experienced a remarkable increase, soaring over elevenfold to reach Rs 4.24 lakh crore by FY2025-26. This impressive growth positions India as the second-largest mobile phone manufacturer globally, with Rs 2.59 lakh crore in exports. The sector has generated twelve lakh jobs.

13 Aug 2026 3:37 pm
Parliamentary panel backs govt steps to strengthen IBC recovery, seeks deeper action on fund diversion

A parliamentary panel has backed govt efforts to improve insolvency recovery, seeking urgent action to prevent fund diversion during insolvency proceedings. The committee noted a significant gap between avoidance transaction values and actual recoveries.

13 Aug 2026 3:27 pm
He was told he would lose 10% of his bonus for using personal phone during work hours. Three weeks later, he had the last laugh: I simply stopped.

An X user recently shared how he deftly turned the tables on an HR who tried to punish him by cutting off his bonus for using his personal phone during office hours

13 Aug 2026 3:16 pm
Christopher Nolan's The Odyssey OTT release in India: When and where to watch Matt Damon, Anne Hathaway, Tom Holland's epic action movie

Christopher Nolans The Odyssey, starring Matt Damon, Anne Hathaway, Tom Holland and Robert Pattinson, hit theatres on July 17. While its official OTT release date remains unconfirmed, reports suggest it could arrive on JioHotstar in India. A PVOD release may come in the last week of August, though Nolans Oppenheimer took around four months to reach streaming platforms after its theatrical run.

13 Aug 2026 3:07 pm
Air India makes psychoactive substance testing mandatory for pilots after Phuket incident

Air India now mandates psychoactive substance testing for all pilots. This new internal measure enhances safety protocols beyond DGCA requirements. Previously, the airline followed DGCA rules for random testing of personnel. The Phuket incident prompted Air India to tighten its internal safety checks.

13 Aug 2026 2:55 pm
Fourth rail line approved through strategic 'Chicken's Neck' corridor: Official

A fourth railway line has been approved for the strategically important Chicken's Neck corridor. This crucial link connects the Northeast with the rest of India. Infrastructure initiatives include a nearly 29-km double-line underground project near Bagdogra. New local train services are planned from Jogbani, Radhikapur and Balurghat soon.

13 Aug 2026 2:48 pm
Centre asks Air India to take responsibility after Phuket-Delhi flight scare; orders tighter dope checks: Report

The government has warned Air India to take responsibility for safety after the August 4 Phuket-Delhi flight scare and ordered DGCA to tighten aviation personnels drug-testing rules. The regulator has been asked to expand mandatory testing and impose tougher penalties for genuine drug violations while allowing more chances in medicine-related positive tests.

13 Aug 2026 2:42 pm
JioStar banks on Premier League fandom with Humara Long Distance Love campaign

JioStar launches a new campaign celebrating Indian Premier League football fans. The campaign features Tiger Shroff and cricketers Sanju Samson and Riyan Parag. It highlights the passion and loyalty of fans supporting their favorite clubs. The 2026/27 Premier League season begins August 22 and runs until May 30.

13 Aug 2026 2:31 pm
Indias July trade deficit widens to $31.98 bn from $30.43 bn in June

Indias merchandise trade deficit widened to $31.98 billion in July from $30.43 billion in June, exceeding economists estimate of $30.20 billion, according to a Reuters poll. Merchandise exports rose to $44.24 billion from $40.41 billion in June, but imports increased more sharply to $76.22 billion from $70.84 billion.

13 Aug 2026 2:27 pm
Happiness Habit of the day by Henry Ford: Chop your own wood, and it will warm you twice.' What the Ford Motor founder and business magnate teaches about hard work and self-reliance

Henry Fords quote, Chop your own wood, and it will warm you twice, highlights the happiness that comes from hard work and self-reliance. The saying suggests that effort brings a double reward: the practical result and the satisfaction of achieving it yourself. Ford, founder of Ford Motor Company, transformed the automobile industry with the Model T, making cars accessible to middle-class Americans.

13 Aug 2026 2:22 pm
Indias gem and jewellery exports rise 0.38% to $2.35 billion in July

Indias gem and jewellery exports remained nearly flat in July 2026, rising 0.38% year-on-year in dollar terms to $2.35 billion, while rupee-denominated exports increased 11.68% to Rs 22,511.64 crore, according to GJEPC data. Gold jewellery drove growth, with exports rising 8.73%, while studded gold jewellery jumped 21.36%.

13 Aug 2026 2:09 pm
She was fired. But one request to HR turned the tables and landed her a coveted senior role: Before I leave, can you.

An X user recently shared a powerful anecdote about how the HR officers rude attempt to fire her unceremoniously backfired completely.

13 Aug 2026 2:04 pm
China to keep imposing anti-dumping duties on Indian single-mode optical fibre imports

China will continue anti-dumping duties on Indian optical fibre for five years. This decision follows a review which concluded dumping could harm China's industry. Existing tax rates will remain unchanged for various Indian exporters. Duties were first imposed in August 2014 and extended previously. The measures will remain in effect starting this Friday.

13 Aug 2026 1:47 pm
Jennifer Aniston's Japanese-inspired garden has a simple lesson: 7 budget-friendly ways to recreate the aesthetics in your home

Jennifer Anistons Japanese-inspired garden offers budget-friendly ideas for creating a calm outdoor space. Beginners can recreate the aesthetic with layered greenery, natural stones, bamboo, simple pathways and a small water feature instead of expensive landscaping. Keeping colours restrained and leaving open spaces can make even small gardens feel peaceful. Rather than copying Anistons entire garden, choose one focal area and adapt its Japanese-inspired elements to your space and budget.

13 Aug 2026 1:46 pm
ITA backs 11 Indian projects; to advance over $18 bn in clean industry investment

Eleven Indian clean industrial projects will receive tailored support from the Industrial Transition Accelerator. These initiatives represent over eighteen billion dollars in potential investment and significant carbon abatement. Companies like Jindal Steel and JSW Steel are developing carbon capture technologies. ACME Group and ReNew are advancing green ammonia and methanol production facilities. Circular Urban Energy will produce sustainable aviation fuel from waste materials.

13 Aug 2026 1:19 pm
Motilal Oswal commits Rs 1,500 crore to Inox Clean in hybrid private credit deal

Motilal Oswal Group has committed Rs 1,500 crore to Inox Clean Energy Ltd through compulsorily convertible debentures to fund acquisitions and growth. The initial Rs 1,000 crore has been deployed, with the remaining Rs 500 crore expected soon. This hybrid capital investment aims for an equity conversion upon Inox Clean's potential IPO within 12-24 months, offering downside protection and equity upside.

13 Aug 2026 1:05 pm
Ankur Warikoo left for the US with a Rs 55,000 loan to chase his NASA dream. But he dropped out. 20 years later, his university called him back

Ankur Warikoo recalled flying to the US in 2002 with a Rs 55,000 loan taken by his father, hoping to become a space scientist and join NASA. He later realised he was good at his chosen path but did not love it and dropped out. Twenty years later, Michigan State invited him back as an alumni speaker. Warikoo said he succeeded because he never gave up on himself.

13 Aug 2026 12:58 pm
Not superhero toys, video games, 11-year-old from Illinois, USA, had a different passion. Today, his hobby has earned him a place in Guinness World Records

In an interview, Anderson Taylor, the worlds youngest museum curator, explained how he discovered his passion for fossils at the tender age of three and how he eventually established a museum at the age of 9. He now is the curator of the Cambridge Natural History Museum in Illinois.

13 Aug 2026 12:24 pm
Smaller FMCG brands struggle to expand consumer reach

Indias FMCG market is becoming more difficult for smaller brands, with only 56% of low-penetration brands growing their consumer reach in 2025, compared with 83% of highly penetrated and 78% of mid-sized brands. Overall FMCG consumer choices rose 5.1% to 129 billion, while brands such as Balaji, Rin, Sunrise and Exo gained ground.

13 Aug 2026 12:22 pm
Quote of the day by Harrison Ford: What could be worse than getting to the end of your life and realising that you have not Star Wars actors inspiring lesson on living without regrets, finding your voice and making the most of every opportunity

Harrison Fords Arizona State University commencement speech offered a powerful lesson on living without regrets. The Star Wars actor urged graduates to use their talents, find their voice, recognise opportunities and make every moment count. His thought-provoking question, What could be worse than getting to the end of your life and realizing that you haven't fully lived it?, encouraged students to stop waiting, embrace their potential and live life fully.

13 Aug 2026 12:19 pm
L&T secures mega order to build Indias largest NVIDIA B300 AI Factory

Larsen & Toubro will build India's largest single-cluster artificial intelligence infrastructure facility. This project marks the company's entry into the AI Factory business. The facility will house ten thousand NVIDIA B300 GPUs for AI workloads. It will combine hyperscale data center infrastructure and accelerated computing capabilities.

13 Aug 2026 12:06 pm
Tamil Nadu govt inks 97 MoUs for commitment of over Rs 67,000 cr at Vettri Tamil Nadu Investors Conclave 2026

Tamil Nadu's government signed ninety-seven new MoUs totaling over sixty-seven thousand crore rupees. These agreements were exchanged at the Vettri Tamil Nadu Investors Conclave 2026 event. The pacts are expected to generate employment for more than one lakh individuals across various sectors. Key industries benefiting include automotive, renewables, and life sciences. Electronics, R&D, and data centres also represent significant investment areas.

13 Aug 2026 12:03 pm
Parliament passes MMDR Amendment Bill 2026 to boost critical mineral exploration

Parliament has approved the Mines and Minerals (Development and Regulation) Amendment Bill, 2026. This legislation aims to enhance mineral exploration and development across India. It provides greater flexibility for mining lease holders regarding additional mineral inclusions. The bill also removes restrictions on the sale of minerals from captive mines.

13 Aug 2026 12:02 pm
Louisiana Vibrio vulnificus kills 5: Are oysters linked to the flesh-eating bacteria? Where is the outbreak spreading?

Vibrio Vulnificus Louisiana Outbreak: Louisiana has reported five deaths linked toVibrio vulnificusinfections, raising concerns about the flesh-eating bacteria found in warm coastal waters. Here is what to know about the outbreak, oysters, symptoms and safety precautions.

13 Aug 2026 11:57 am
Gambhir is 'badhiya banda' but people can't digest his style sometime: Harbhajan

Harbhajan Singh defends Gautam Gambhir against criticism for his coaching methods. He acknowledges Gambhir's straightforward approach may be difficult for some to accept. Gambhir's coaching saw India win major tournaments while facing Test defeats. Harbhajan believes Shubman Gill is an ideal leader for the Indian cricket team. He rates Gill highly as a cricketer and a human being.

13 Aug 2026 11:56 am
SRTT restrained from meet; Tata Trusts says no joint representative can be nominated for Tata Sons AGM, search committee

Tata Trusts said Sir Ratan Tata Trust (SRTT) cannot participate in its meeting due to restrictions imposed by the Charity Commissioner, preventing SRTT and Sir Dorabji Tata Trust from jointly nominating three members to the search committee for N Chandrasekarans successor. Tata Trusts may seek urgent legal relief, while Tata Sons reviews whether its August 18 AGM can proceed.

13 Aug 2026 11:54 am
Aluminium foil hack to clean kitchen cabinet shelves: How this simple trick works, benefits and the right way to use it for easier cleaning

Kitchen cabinet shelves often attract dust and sticky residues, turning cleaning into a difficult task. However, a clever hack using aluminum foil creates a barrier over these shelves, capturing spills and crumbs before they cling to the surface. Once the foil gets dirty, simply peel it off and lay down a fresh piece. This technique streamlines kitchen upkeep and prolongs shelf cleanliness, making your space more manageable.

13 Aug 2026 11:54 am
Marathi mandatory for cab drivers in Maharashtra? New rules may suspend licences

Maharashtra plans to make Marathi language knowledge mandatory for all cab drivers. Drivers failing to meet this requirement face potential license suspension or cancellation. The state transport minister confirmed the August 15 deadline for compliance. This rule aims to improve communication and ensure safer journeys for passengers.

13 Aug 2026 11:52 am
Who is Josh Kushner? From ChatGPT investor to NBA team LA Lakers co-owner, check his net worth and Trump family connection

Josh Kushner, founder of Thrive Capital, is set to buy the Los Angeles Lakers alongside former Disney CEO Bob Iger in a reported $12.5 billion deal. The blockbuster transaction has put Kushner in the spotlight, raising interest in the businessmans career, multibillion-dollar fortune, family background and rise from tech investor to NBA team owner.

13 Aug 2026 11:51 am
US says more oil is leaving Middle East. Is it really?

US Energy Secretary Chris Wright claims nearly nine million barrels daily leave the Strait of Hormuz. Vessel tracking services, however, report volumes closer to half this amount. Total Middle East crude exports remain below pre-conflict levels, according to tracking data.

13 Aug 2026 11:51 am
UK economy unexpectedly grows by 0.3% in June, ONS says

Britain's economy saw unexpected growth in June, with gross domestic product rising. The economy expanded by 0.4% during the second quarter, exceeding forecasts. Keir Starmer resigned as prime minister amid political uncertainty during this period. New Prime Minister Andy Burnham pledged to lower business costs and address household expenses. The Iran war is expected to slow future growth due to rising energy prices.

13 Aug 2026 11:49 am
Passenger vehicle dispatches jump 34.3% YoY to 4,57,810 units in July: SIAM

Indias domestic passenger vehicle dispatches to dealers rose 34.3% year-on-year to 4.58 lakh units in July, according to SIAM. Two-wheeler sales increased 22.6% to 19.23 lakh units, while three-wheeler dispatches grew 33.4% to 92,560 units compared with July 2025.

13 Aug 2026 11:43 am
Maruti, Tata, Mahindra raised E20 fuel contamination concerns, emails show

Automakers privately expressed concerns about E20 fuel contamination, citing chloride and moisture issues. This data emerged after the auto lobby withdrew a complaint to the government. Industry tests found high chloride and moisture levels in many fuel samples. These contaminants are reportedly harming vehicles and reducing performance.

13 Aug 2026 11:30 am
RBI turns upbeat as worst of Iran war shock recedes

Indias economy is showing resilience five months after the Iran war sparked fears of inflation and a downturn. Inflation remains within the RBIs tolerance band, while vehicle sales, credit growth and GST receipts point to firm demand. Strong corporate balance sheets and festive-season spending are further bolstering optimism despite renewed oil and currency risks.

13 Aug 2026 11:29 am