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The Economic Times

Economy / The Economic Times

A misdiagnosis of US failings leaves Donald Trump stuck in Iran

Donald Trumps Iran strategy has reached a dead end despite repeated military threats, exposing the limits of US power. The article argues that Americas inability to force Iran into submission stems from a technological shift in modern warfare, where drones, satellites and precision weapons have empowered weaker nations, making traditional US military dominance increasingly ineffective.

28 Jul 2026 11:09 am
Mamdani says not interested in 'back-and-forth' with Netanyahu, says protecting Jewish New Yorkers a 'top priority'

New York City Mayor Zohran Mamdani stated he would not engage with Israeli Prime Minister Benjamin Netanyahu's criticisms. Netanyahu accused Mamdani of fomenting hate and creating fear among Jewish New Yorkers. Mamdani emphasized his priority is ensuring the safety of all New Yorkers, especially Jewish residents. Netanyahu plans to visit New York in September to address the United Nations General Assembly.

28 Jul 2026 11:07 am
Israeli PM Benjamin Netanyahu heads to US for first Trump meeting since Iran war

Israeli Prime Minister Benjamin Netanyahu will meet US President Donald Trump at the White House on Tuesday for talks focused on Iran, regional security and the Middle East. The meeting comes amid reports of recent tensions between the two leaders, who are expected to discuss Lebanon, Gaza and the expansion of the Abraham Accords.

28 Jul 2026 11:05 am
India exit women's wheelchair 3x3 basketball after loss to Nigeria

India's wheelchair basketball team lost a close match to Nigeria. This defeat ended their hopes of reaching the quarterfinals at the Games. The team had previously faced losses against Scotland and Wales. They finished their debut Games appearance at the bottom of their pool. This marked the end of their Commonwealth Games journey.

28 Jul 2026 11:03 am
US agency says power for data centers can sidestep pollution laws

The U.S. Environmental Protection Agency (EPA) has said power plants built exclusively to supply electricity to data centers, and not connected to the public grid, may be exempt from key federal pollution rules. The move is aimed at accelerating AI infrastructure development, easing pressure on regional power grids, and supporting the rapid expansion of data centers across the United States.

28 Jul 2026 11:03 am
French jet engine maker Safran raises targets after record first-half margin

French jet engine maker Safran reported strong first-half profits. This performance led the company to raise its financial targets. Demand for spare parts significantly boosted operating margins for Safran. The company's core Propulsion division saw substantial earnings growth. Safran now anticipates higher full-year revenue and profit figures.

28 Jul 2026 10:58 am
Houthis pushing to model Iran's Hormuz control in Red Sea, Yemeni FM says

Yemen's top diplomat stated Houthis aim to replicate Iran's Strait of Hormuz strategy. This action could disrupt shipping in the Bab el-Mandeb and Red Sea gateways. The Red Sea has become a new front in the Iran war, with escalatory approaches. Saudi Arabia responded with airstrikes and vowed to protect commercial shipping. Yemen's government is prepared for escalation, with conflict potentially returning.

28 Jul 2026 10:55 am
Meta restricts PM Modi's Facebook video to youth amid CJP protests, restores it later and apologises for 'error'

Meta restored Prime Minister Modi's Facebook video after an erroneous restriction. The video was briefly unavailable in India following a legal request notice. This content featured the Prime Minister's address to Gen Z students. The platform stated the restriction occurred due to an error. Access to the widely viewed video has now been fully reinstated.

28 Jul 2026 10:52 am
Quote of the day by mystic poet Rumi: Stop acting so small. You are the universe in ecstatic motion Reminder to embrace your true potential

Quote of the day by mystic poet Rumi: Persian poet Rumi's ancient words encourage people to overcome self-doubt. He taught that humans are not insignificant but part of a larger existence. Rumi's message challenges the tendency to see ourselves as limited when we are capable. His quote reminds us that life is dynamic and transformation is always possible.

28 Jul 2026 10:51 am
Mercedes Benz reports Q2 profit boost but flags China woes for car sales

Mercedes-Benz saw a profit increase but faces challenges ahead. The automaker now expects overall sales to decline in 2026. This forecast is due to ongoing problems within the Chinese market. Strong performance from financial services and vans supported recent earnings. The company plans further cost-cutting measures in the coming months.

28 Jul 2026 10:47 am
Saket building collapse: Inquiry finds Municipal Corporation of Delhi responsible, fabricated records to mislead probe

A magisterial probe found the MCD primarily responsible for the Saket building collapse. The civic body failed to enforce building bylaws, leading to the preventable disaster. Unauthorised structural additions and inadequate enforcement caused the building's collapse, killing six people. The report also stated MCD fabricated records to mislead the inquiry after the incident.

28 Jul 2026 10:46 am
India's new import rule that could make homes and infrastructure costlier

India's new policy imposing a minimum import price on PVC resin is expected to result in higher domestic prices. This strategy supports local manufacturers but also elevates costs for downstream industries, putting additional financial strain on small businesses. Given the nation's substantial import reliance, this initiative is unlikely to lessen dependency significantly. The government's goal is to enhance local production in response to persistent market demand.

28 Jul 2026 10:38 am
A shootout that killed 3 at a food festival near Seattle's Space Needle may have been gang-related

At least three suspects were involved in a shootout at Seattle's Bite of Seattle food festival, police said, revising their earlier assessment of two shooters. The gunfire left three people dead, including a 19-year-old suspected gunman, and injured four others, including a 2-year-old child. Investigators believe the violence may have been gang-related, while a 15-year-old suspect remains in juvenile detention as the investigation continues.

28 Jul 2026 10:36 am
Bhogapuram Airport opening date: How new airport, built in record time, could boost the entire North Andhra region

Prime Minister Narendra Modi will inaugurate the Bhogapuram airport on August 1. This international airport was built at a cost of nearly Rs 4,727 crore. It is designed to handle six million passengers annually in its first phase. The airport features a Code-E runway capable of accommodating wide-body aircraft. Nearby aviation hub and university will foster significant investment and job creation.

28 Jul 2026 10:31 am
Tate brothers will remain in jail at least 2 more weeks as they fight extradition to the UK

Andrew and Tristan Tate will remain in U.S. custody until at least August 13 as they fight extradition to the U.K., where they face fresh allegations of rape, sex trafficking and related offences. The brothers deny all accusations, while a U.S. court considers whether they should be released during the extradition process.

28 Jul 2026 10:31 am
Russian attacks in eastern Ukraine kill seven, officials say

Russian strikes in eastern Ukraine killed seven people and injured more than twenty. Donetsk Region reported three deaths near Kostiantynivka and one near Kramatorsk. Dnipropetrovsk Region suffered three fatalities and six injuries from drone and artillery attacks. Nikopol and Syneklykove towns were among the affected areas in Dnipropetrovsk. A Ukrainian drone strike in Russia's Belgorod Region killed one person.

28 Jul 2026 10:29 am
Company at center of US cyclospora outbreak complained to White House, source says

Taylor Farms complained to White House and FDA officials about government inspections. The company suspended operations in central Mexico after lettuce was linked to an outbreak. Health authorities confirmed thousands of cases of the parasitic disease cyclosporiasis. Former FDA chief suggested other produce from central Mexico could be involved. The true scope of the outbreak is likely much larger than reported.

28 Jul 2026 10:25 am
Manali hotel refuses stay despite confirmed booking: Guest wins Rs 31,000; court says refund alone didn't make up for the mental harassment

Manali hotel denied booking: A Gurgaon consumer commission has ordered The Allure Grand Resort in Manali to pay Rs 31,000 in compensation and litigation costs after it denied stay to a guest despite a confirmed booking, leaving him stranded in an unfamiliar hill station. The court ruled that returning the advance alone does not erase the mental harassment caused.

28 Jul 2026 10:24 am
Delhi government announces major boost for Kanwar Camps, financial assistance enhanced, large camps to receive up to Rs 15 Lakh

The Delhi government plans to significantly increase financial aid for Kanwar camps. Assistance for larger camps operating longer will see a substantial boost. Free electricity up to 1,200 units will continue for these religious sites. Various departments will ensure sanitation, medical aid, and water supply. Security and traffic management will be overseen by police for the upcoming Yatra.

28 Jul 2026 10:23 am
Smoke in Mumbai-bound Mahalaxmi Express sparks panic; no casualty

Smoke was detected in a Mahalaxmi Express coach near Karjat on Tuesday morning. This incident briefly caused panic among passengers traveling from Kolhapur to Mumbai. No injuries were reported as railway authorities promptly addressed the situation. The train resumed its journey after the affected coach was inspected. The incident caused a slight delay for the train near Karjat station.

28 Jul 2026 10:23 am
PM Modi, NDA leaders meet amid Parliament logjam over exam reforms

The NDA Parliamentary Party convened its 'Mangal Milan' meeting today in Parliament. The Nationalist Citizens Party of India, a new ally, also attended the significant gathering. Disruptions marked the Monsoon Session, with exam reforms and student protests being key issues. The Public Examinations Amendment Bill was introduced, aiming to prevent unfair means. The meeting occurred as the opposition continued to disrupt parliamentary proceedings.

28 Jul 2026 10:04 am
Monsoon Session: Parliament to take up anti-paper leak Bill today, MSME, others on agenda

Parliament will consider the Public Examinations Amendment Bill on Tuesday. The Rajya Sabha will introduce the MSME Development Amendment Bill. It will also pass the Prevention of Insults to National Honour Amendment Bill. The anti-paper leak legislation aims to strengthen existing legal frameworks. This bill addresses concerns over examination malpractices and paper leaks.

28 Jul 2026 10:03 am
Parliament Monsoon Session: Opposition floor leaders to meet at 10 am in Mallikarjun Kharge's office

Opposition floor leaders will meet Tuesday to strategize on Parliament's ongoing deadlock. The meeting aims to coordinate approaches for both Lok Sabha and Rajya Sabha proceedings. Parliament has seen adjournments due to the NEET paper leak controversy and police actions. The Public Examinations Amendment Bill was introduced amid opposition protests and sloganeering.

28 Jul 2026 10:03 am
Monsoon rains continue to hamper Himachal; 108 roads remain blocked

Monsoon rains continue to disrupt normal life across Himachal Pradesh on Monday. One hundred and eight roads remain blocked due to landslides and debris from recent heavy rainfall. Fifteen people have tragically lost their lives in rain-related incidents across the state. Water supply schemes have also been affected, with thirty-eight now disrupted. However, power connectivity shows signs of improvement as restoration efforts continue.

28 Jul 2026 10:00 am
India's Ajaya Babu wins weightlifting silver at Commonwealth Games

Valluri Ajaya Babu secured a silver medal in the men's 79kg weightlifting event. He lifted a total of 330kg, narrowly missing the gold medal. Ajaya Babu set a new Games record of 149kg in the snatch discipline. His opponent from Malaysia edged him out in the clean and jerk section. This medal adds to India's successful weightlifting campaign at the Games.

28 Jul 2026 9:56 am
39 injured as bus carrying Amarnath Yatra pilgrims skids off road in J&K

Thirty-nine Amarnath Yatra pilgrims sustained injuries when their bus skidded off a road in Ganderbal. The speeding vehicle lost control on a curve and fell onto a house, causing damage. Locals and security personnel quickly evacuated the injured pilgrims for medical treatment. Lieutenant Governor Manoj Sinha inquired about their health and directed officials to provide care. He prayed for the swift recovery of all devotees injured in the unfortunate incident.

28 Jul 2026 9:55 am
CWG 2026: Shilpa Shyla upgraded to bronze after Nigerian athlete disqualified in women's shotput F57

Indian para-athlete Shilpa Shyla was upgraded to the bronze medal in the women's shot put F57 event at the 2026 Commonwealth Games after Nigeria's Eucharia Iyiazi was disqualified. The revision gave India its first double podium finish of the Glasgow Games, with Sharmila Dhankar winning gold, and took the country's medal tally to 10.

28 Jul 2026 9:53 am
Commonwealth Games 2026: Sajan Prakash, Aryan Nehra finish eighth in swimming finals; Swatik Patil fifth in para event

Sajan Prakash and Aryan Nehra finished eighth in their respective swimming finals. Swatik Patil secured fifth place in the para swimming 100m breaststroke event. Prakash competed in the men's 200m butterfly final, while Nehra swam the 800m freestyle. Australia dominated the podium in both the men's 200m butterfly and 800m freestyle events.

28 Jul 2026 9:52 am
Musk's X adds Money banking service under 'everything app' push

Elon Musk's social media app X on Monday began offering its X Money banking service to all US subscribers of its paid Premium and Premium+ tiers, part of the multi-billionaire's ambition to turn the site into an everything app. Premium+ subscribers can earn the top rate directly, while Premium users must meet direct-deposit requirements, according to the company.

28 Jul 2026 9:52 am
BYD launches EV mini-car in Japan

BYD has launched the Racco electric mini-car in Japan, priced below 2 million yen before subsidies, aiming to revive weak sales and boost brand recognition. The Chinese automaker is targeting 10,000 orders by end-2026, challenging Japanese rivals in the country's dominant kei-car segment.

28 Jul 2026 9:51 am
Trump vs Netanyahu over F-35s for Turkey: Why a fighter jet sale is creating a new US-Israel rift

President Trump rejected Israeli concerns over F-35 jet sales to Turkey. Turkey was removed from the F-35 program after buying Russian S-400 systems. Israel opposes the sale, viewing Turkey as a regional rival and security threat. Turkey's strategic location and NATO membership underscore its importance to Washington. US policy on Turkey's F-35 eligibility remains unchanged due to the S-400 issue.

28 Jul 2026 9:48 am
IBPS Clerk notification 2026 out: Check state-wise vacancies, fees, how to apply, eligibility, salary and more

IBPS Clerk notification 2026 out: IBPS has announced 9,788 vacancies for Customer Service Associate roles. Online applications will be accepted from August 1 to August 21, 2025. Preliminary exams are scheduled for October 2025, with main exams following in November. The provisional allotment for selected candidates is planned for March 2026. Uttar Pradesh leads with 1,315 vacancies, followed by Karnataka and Maharashtra.

28 Jul 2026 9:47 am
Pentagon says US drone production still trails Ukraine by wide margin

The United States faces significant challenges building its domestic drone industry. Ukraine currently produces millions of small attack drones annually. New Pentagon rules require military drones to use American-made parts. This stricter standard complicates sourcing components like semiconductors for US manufacturers. Ukrainian companies are partnering with US firms to localize production and build capacity.

28 Jul 2026 9:47 am
Weak investments, higher oil prices to slow India's GDP growth to 6.6% in FY27: Poll

India's economic growth is projected to slow significantly this fiscal year. Private investment remains weak, and higher oil prices will impact domestic demand. Economists suggest official figures may overstate the economy's true underlying strength. Companies hesitate to expand capacity due to demand uncertainty and global factors. The Reserve Bank of India faces challenges balancing growth and inflation pressures.

28 Jul 2026 9:46 am
Taiwan detects one Chinese aircraft, seven naval vessels near island

Taiwan detected one Chinese military aircraft and seven naval vessels operating nearby. Earlier, three Chinese aircraft and seven naval ships were observed around the island. One aircraft crossed the median line into Taiwan's southwestern air defense zone. Taiwan's armed forces monitored these military movements and responded appropriately. China claims Taiwan as an inseparable part of its territory.

28 Jul 2026 9:41 am
Tourism Ministry signs pact with Air India to boost global tourism campaign

The Tourism Ministry and Air India have signed a Memorandum of Understanding. This collaboration aims to promote India as a preferred global tourism destination. They will leverage digital platforms and extensive networks for enhanced visibility. Joint global promotional campaigns will be undertaken under the Incredible India brand. This partnership seeks to increase international tourist arrivals and strengthen India's global outreach.

28 Jul 2026 9:36 am
Christopher Nolan's dubbed films account for up to 30% of India box office collections

Christopher Nolan's films now reach a wider Indian audience through dubbed versions. These dubbed releases contribute significantly to the total box-office collections in India. Hindi, Tamil, and Telugu versions of his movies are attracting new viewers. Universal themes and improved dubbing quality enhance cross-language appeal for his cinema. Nolan's films have become major events, drawing nationwide excitement beyond traditional fanbases.

28 Jul 2026 9:26 am
'Felt overwhelmed by power I believed my husband had...': Badshah's wife Isha's emotional cryptic post goes viral amid split rumours with rapper

Actress and Badshah's wife, Isha Rikhi, shared an emotional note on social media. She spoke about living in fear and staying silent for years. Her post comes amid ongoing speculation about her marriage to rapper Badshah. Fans are now waiting for the popular rapper's reaction to it.

28 Jul 2026 9:11 am
Bank of Baroda Data Leak: Compromised employee email linked to alleged 1TB data leak on darknet

Bank of Baroda said its recent data leak resulted from the compromise of a single employee's email account and did not affect its core banking systems. The bank has launched a forensic investigation, informed regulators, and notified a cyber insurance claim while authorities assess the impact of the alleged data breach.

28 Jul 2026 9:09 am
Amritsar airport launches hub-and-spoke model for international transit via Delhi

The Centre has launched its hub-and-spoke aviation model at Amritsar airport, allowing passengers to complete check-in, immigration, customs and baggage formalities before flying to Delhi for onward international connections, as part of a plan to streamline overseas travel and expand the network across India.

28 Jul 2026 9:04 am
'Failed again': Trump touts court order allowing him to amend $15 billion lawsuit against US media outlet

US President Donald Trump secured a procedural win in his defamation lawsuit. A judge permitted his legal team to amend the $15 billion case. Trump accuses The New York Times of bias and actual malice. He intends to hold media organizations accountable for fake news. The lawsuit targets the newspaper and several authors and publishers.

28 Jul 2026 8:55 am
Zero Flights, Full Marks: How Khajuraho airport, with not a single flight, became India's best-rated

Khajuraho airport has been named India's best-rated airport by the AAI at a time when the airport has suspended all commercial flight operations since July. The airport's customer satisfaction index is based on passenger feedback on various facilities. Flights are expected to resume operations in October after the current pause.

28 Jul 2026 8:55 am
Weather Jammu Today, July 28, 2026: Rain alert for Jammu, Srinagar, Katra and Udhampur, check latest updates

Jammu and Kashmir anticipates cloudy skies and moderate rainfall across several regions. Northern Railway has initiated special train services to aid stranded tourists and pilgrims. These trains offer a safe travel alternative amid ongoing road disruptions and landslides. Over fifteen hundred passengers have utilized these special train services for their journeys. Travelers are advised to check for train updates before commencing their travel.

28 Jul 2026 8:51 am
Delhi flight status today: Check latest advisory by IGI airport as IMD predicts rain in the national capital

Delhi flight status today: Parts of Delhi experienced rainfall on Tuesday as predicted by the India Meteorological Department. The weather office forecasts continued moderate rain throughout the day and night. Delhi's Indira Gandhi International Airport issued an advisory for passengers due to the inclement weather. Flight operations at the airport are currently running normally and unaffected by the rain. Airport authorities are coordinating with stakeholders to ensure smooth passenger journeys

28 Jul 2026 8:33 am
Paris knife attack: Man held after stabbing three women, terror probe considered

French police detained a man after he attacked three women with kitchen knives. Bystanders and an off-duty officer bravely intervened to stop the violent assault. Two of the victims sustained serious injuries during the shocking incident near Porte de Clichy. The suspect, who made incoherent statements, is under investigation by authorities. The anti-terrorism prosecutor's office is assessing the situation and potential charges.

28 Jul 2026 8:29 am
US begins review of force presence in Europe

The United States is reviewing its military presence in Europe. This analysis aims to ensure Europe takes primary responsibility for its defense. US Defense Secretary Pete Hegseth informed NATO counterparts about this planned review. Washington wants allies to increase their defense spending and contributions. This shift aligns with America's focus on China and a stronger alliance.

28 Jul 2026 7:53 am
Vadhandhi Season 2 OTT release date and platform announced: When and where to watch Sasikumar-led popular Tamil crime thriller series

Vadhandhi, a crime thriller, returns for a second season. The new instalment premieres with a fresh investigation. Sasikumar takes the lead role as SI Moosa Raaza in Madurai. He reopens a complex political case after a shocking discovery. This season promises hidden secrets and unexpected twists for viewers. Read on to know when and where to watch the popular thriller series on OTT.

28 Jul 2026 7:47 am