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The Economic Times News

Economy / The Economic Times

India arming itself with FTAs to blunt Trumps tariff shocks

Facing U.S. import tariffs, India is accelerating free trade agreements to secure market access beyond America. New Delhi is finalizing deals with the EU, New Zealand, and Chile, and has signed a pact with Oman, diversifying export destinations amid global trade uncertainty.

18 Dec 2025 2:47 pm
No matches in north during fog season please, don't cheat cricket lovers: Tharoor to BCCI

Congress MP Shashi Tharoor proposed shifting cricket matches from North India to South India between mid-December and mid-January. This move aims to prevent disruptions caused by dense fog and smog.

18 Dec 2025 2:45 pm
Karnataka Assembly passes hate speech bill amid din

Karnataka Assembly has passed a new bill to prevent hate speech and hate crimes. This pioneering law introduces penalties of up to seven years in jail and a fine of Rs one lakh. The bill was approved amidst disruptions in the assembly. Coastal Karnataka was highlighted as an area affected by such incidents.

18 Dec 2025 2:44 pm
Bangladesh, course-correcting its economy

Bangladesh anticipates a February 12 election, boosting investor sentiment. Despite strong headline growth, structural issues persist. Foreign direct investment shows mixed signals, with reinvested earnings and intra-company loans driving growth, while new equity capital declines. Macroeconomic indicators present a mixed picture, with inflation easing but remaining elevated. Remittance flows remain robust, supporting reserves.

18 Dec 2025 2:32 pm
Punjab local body election results: AAP wins over 200 zones of Zila Parishad, leading in Panchayat samiti too; Congress second

Punjab rural election results: The ruling AAP in Punjab won the zila parishad polls and was also surging in majority of the zones of panchayat samiti. Congress secured the second spot and BJP managed to win 4 zones of the zila parishad in Pathankot. Punjab Congress Chief accused the AAP government of stealing polls.

18 Dec 2025 2:30 pm
SC adjourns till January Bhupesh Baghel's son plea against arrest in liquor scam case

The Supreme Court has postponed the hearing on a plea by Bhupesh Baghel's son challenging his arrest in a Chhattisgarh liquor scam. The court stated the matter cannot be heard piecemeal. The son is also challenging provisions of the Prevention of Money Laundering Act. The hearing is now scheduled for January.

18 Dec 2025 2:24 pm
Bondi beach firing: Sikh man enjoying kebabs became hero during shooting, grabbed attacker Sajid Akram, tackled him before cops arrived

Amandeep Singh Bola, a Punjabi-Sikh origin New Zealander, showed exceptional courage and bravery when the horrific shooting at the Bondi beach in Australia unfolded. Amandeep was enjoying kebabs at the beach when he heard the gunshots and he ran towards the attackers, disarmed Sajid, one of the shooters, till the cops took over. He said there was a strong adrenaline rush after he got up.

18 Dec 2025 2:23 pm
Chief Electoral Officer says SIR enumeration to end tonight in Kerala

Kerala's electoral roll enumeration concludes Thursday. The draft list will be released December 23. Over 24 lakh voters are categorized as untraceable. Overseas electors can apply to add their names. The final electoral roll is scheduled for publication on February 21, 2026. Polling stations will have a maximum of 1,700 voters. Efforts are underway to ensure smooth participation in democracy.

18 Dec 2025 2:22 pm
ITC planning 3 more hotels in West Bengal: Chairman Sanjiv Puri

ITC Chairman Sanjiv Puri announced plans for three new hotels in West Bengal. This expansion taps into the state's growing tourism potential. The company is acquiring land for projects in Darjeeling, Kurseong, and Sundarbans. These additions will strengthen ITC's hospitality presence in Bengal.

18 Dec 2025 2:19 pm
'MGNREGA will end in months, Bill is against poor':Congress MP Priyanka Gandhi vows protest

Priyanka Gandhi Vadra strongly opposes the VB-G-RAM-G Bill passed in the Lok Sabha. She believes this legislation will end MGNREGA in the coming months. The bill shifts the financial burden to state governments. This move, she argues, will gradually dismantle the scheme.

18 Dec 2025 2:19 pm
Labour codes to formalise employment, inspectors to be facilitator: Mansukh Mandaviya

New labour codes aim to formalise employment in India. Labour Minister Mansukh Mandaviya assures inspectors will act as facilitators, not obstructers. The reforms expand rights and safety for women, including night shifts. All workers, including gig and platform workers, will receive social security benefits. Minimum wages and timely payments are mandated. Fixed-term employees gain equal benefits to permanent workers.

18 Dec 2025 2:07 pm
Thyrocare names diagnostics sector veteran Ramesh Kinha as COO

Kinha will be responsible for overseeing lab operations and strengthening quality standards across the companys network. He has earlier served as group director-laboratory services at Vijaya Diagnostic Centre, where he led critical operational and quality initiatives.

18 Dec 2025 2:07 pm
Elan group to invest Rs 1,600 crore in developing luxury residential project in Gurugram

Elan Group is investing Rs 1,600 crore in a new ultra-luxury residential project in Gurugram's Sector 49. The project, Elan The Statement, will feature 230 four-bedroom residences across five towers. Designed by London-based Benoy, it promises a premium lifestyle. Sector 49 is a rapidly developing area with strong property value appreciation and future infrastructure enhancements.

18 Dec 2025 2:01 pm
Not during financial struggle: CA shares when most people make their worst money decisions

Financial experts warn that complacency during good times, not desperation, often leads to costly mistakes. Comfort can breed a false sense of security, prompting individuals to take on more debt and reduce financial flexibility. This makes them vulnerable when life inevitably slows down, causing unexpected stress. Good periods should be for building reserves, not increasing obligations.

18 Dec 2025 1:52 pm
USFDA issues Form 483 with 5 observations to Aurobindo Pharma's Andhra unit

Aurobindo Pharma said the USFDA issued a Form 483 with five procedural observations after inspecting Unit-IV of its subsidiary APL Healthcare in Andhra Pradesh from December 817, 2025. The company said it will respond within stipulated timelines and remains committed to quality standards.

18 Dec 2025 1:42 pm
RP-Sanjiv Goenka Group commits Rs 15,800 crore capex in Bengal

RP-Sanjiv Goenka Group Chairman Sanjiv Goenka announced a Rs 15,800 crore capital expenditure plan for West Bengal, focusing on energy, education, and healthcare. A key project is a 5,000 MWh storage facility costing Rs 12,000 crore, aiming to power Kolkata with 50% renewable energy. The group will also invest Rs 1,000 crore in expanding education and healthcare facilities.

18 Dec 2025 1:41 pm
Japan's Mitsui & AM Green join hands for green ammonia, metals and bio-fuels projects

Along with Rio Tinto, Greenko founders are building a 1 MTPA aluminum smelter and 2 MTPA alumina refining and mining operations in AP. Production to start in 2030. This is the third major industrial collaboration after Petronas and Rio Tinto

18 Dec 2025 1:39 pm
Parliamentary panel flags delays, seeks priority for clearances for critical mineral projects

A Parliamentary Panel has highlighted delays between mine auctions and their operationalisation. It recommends an inter-ministerial committee to monitor progress for mineral and critical mineral projects. The panel also stressed priority for statutory clearances for critical mineral projects. Policy reforms since 2015 are acknowledged. The committee suggests penalties for delays and incentives for faster production to boost efficiency.

18 Dec 2025 1:39 pm
Social Security COLA increase in 2026 may hike SSA and SSI payments but still not benefit you. Here's why, amount of spike in SSA, SSI and Medicare payments

Social Security COLA increase in 2026 may hike SSA and SSI payments but still not benefit you because higher Medicare premiums, rounding rules, and income-based differences reduce gains. The national COLA applies equally, but actual dollar increases vary by benefit size and deductions.

18 Dec 2025 1:36 pm
Red screen, real voice: Sri Sri University president, who survived Mumbai terrorist attack, thanks team Dhurandhar for reminding why 26/11 should not be forgotten

A 26/11 Mumbai terror attack survivor, Rajita Bagga, lauded Dhurandhar for its powerful portrayal of the events. She described a chilling red-screen scene featuring terrorist communications as deeply disturbing, highlighting the film's role in ensuring the tragedy is never forgotten. Read on to know more about it!

18 Dec 2025 1:35 pm
Lok Sabha passes G RAM G Bill to replace MGNREGA, proposes 125 days of rural wage employment, amid opposition uproar

Centre on Thursday passed the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) or G RAM G Bill 2025 in the Lok Sabha, proposing to repeal the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), and replace it with a new statutory framework guaranteeing up to 125 days of wage employment per rural household annually.

18 Dec 2025 1:33 pm
IMexI 2025 aligns shopfloor practices with Indias manufacturing push

The Integrated Manufacturing Excellence Initiative (IMexI) 2025 concluded in Mumbai, celebrating advancements in Indian manufacturing. The event highlighted best practices, leadership's role in driving change, and introduced the IMexI India Icon recognition, with Reliance Industries Limited's SEZ Refinery receiving the inaugural award. The initiative aims to foster sustained, enterprise-wide excellence.

18 Dec 2025 1:32 pm
OTT releases this week: New movies and shows on Netflix, Prime Video, JioHotstar and ZEE5

OTT releases this week: Stay updated with the latest OTT releases this week in India. From new movies to trending web series, here is the complete list of fresh content streaming on Netflix, Prime Video, JioHotstar and ZEE5, including genres, release dates and highlights you should not miss.

18 Dec 2025 1:30 pm
2026 polls: Contest between 'pure force' TVK, 'evil force' DMK, says actor Vijay

Actor-politician Vijay has launched a strong attack on Tamil Nadu's ruling DMK, calling it an 'evil force'. He stated his party, Tamilaga Vettri Kazhagam, is a 'pure force'. Vijay indicated the upcoming electoral contest is now solely between these two parties. He also alleged a smear campaign against him.

18 Dec 2025 1:30 pm
India-Oman trade pact a watershed moment in our millenia-old relationship, says Piyush Goyal

India and Oman are on the verge of a significant trade agreement. The Comprehensive Economic Partnership Agreement will enhance market access and promote investments. This pact marks a new era in their long-standing relationship. It is Oman's second free trade agreement and first in two decades.

18 Dec 2025 1:28 pm
MTAR Technologies gets Rs 310 cr order for Kaiga nuclear reactors

MTAR Technologies secured a significant Rs 310 crore order from Megha Engineering & Infrastructures for Kaiga nuclear reactors in Karnataka. This order, along with a previous Rs 194 crore contract, brings the total for Kaiga 5 and 6 reactors to Rs 504 crore this month. Deliveries are scheduled to continue until February 2030.

18 Dec 2025 1:27 pm
Indian computer teacher in Dubai wins Dh100,000 after trying for more than a decade

An Indian expatriate in Dubai, Ritesh Dhanak, has won Dh100,000 in the Big Ticket weekly e-draw after nearly 15 years of participation. Dhanak, a computer teacher, secured the prize through a group ticket purchase, inspired by a promotional offer. He plans to use his winnings for a family holiday and his daughter's education.

18 Dec 2025 1:26 pm
Quote of the day by Keanu Reeves: 'If you're a lover, you got be a fighter because...'

Keanu Reeves' words on love are not just about the grand gestures but also about how it requires effort and commitment. This philosophy is shown in his long-term relationship with artist Alexandra Grant. Their partnership, built on sharing and support, highlights the actor's views on love and mutual growth. Read on!

18 Dec 2025 12:55 pm
ASX 200 closes little changed, with Bapcor leading gainers and Boss Energy the days worst performer; check top gainers and losers

Australian shares saw a cautious trading day on Thursday, December 18. The S&P/ASX 200 index closed almost flat, gaining a mere 0.03 per cent. While some stocks like Bapcor and Austal surged, others like Boss Energy plunged. Consumer Staples and Telecommunications led sector gains, but Energy stocks pulled the market down. The benchmark index remains positive year to date.

18 Dec 2025 12:53 pm
Syed Mushtaq Ali Trophy 2025 Final: Who won the BCCI's premier T20 tournament? Check full list here

Syed Mushtaq Ali Trophy 2025 Final: Haryana and Jharkhand are facing each other in the final of the Syed Mushtaq Ali Trophy 2025, marking their first-ever appearance in the championship match. Before this final, the elite tournament has been played 18 times. Here is a list of full list of SMAT trophy winners.

18 Dec 2025 12:52 pm
Harsh Goenka shares a 'fascinating' 700-year-old village where multi-story homes are carved inside volcanoes

Harsh Goenka shared images of Kandovan, Iran. This village features unique homes carved into volcanic cones. These dwellings are over 700 years old and still inhabited today. They were built for survival against harsh winters. The natural insulation keeps homes warm. Social media users praised the ingenuity and sustainability of these ancient cave homes.

18 Dec 2025 12:51 pm
Trend of judges passing many orders before retirement like batter hitting sixes in final over: Supreme Court

The Supreme Court has voiced concern over judges issuing many orders just before retiring. This practice was compared to a cricketer hitting sixes in the final overs. The court made these observations while hearing a case involving a Madhya Pradesh judge suspended shortly before his retirement.

18 Dec 2025 12:50 pm
Domestic growth to support India's auto loan asset-backed-securities performance in 2026: Fitch Ratings

Fitch Ratings maintains a 'Neutral' outlook for India's auto loan ABS sector for 2026, anticipating stable asset performance driven by resilient economic growth. Strong domestic demand and improved agricultural output are expected to support loan performance, with delinquency levels projected to remain stable.

18 Dec 2025 12:49 pm
PM Modi pitches CEPA as turning point for India-Oman trade at Muscat business summit

Prime Minister Narendra Modi hailed the India-Oman Comprehensive Economic Partnership Agreement (CEPA) as a lueprint of our shared future that will shape bilateral ties for decades. Addressing the India-Oman Business Summit, he emphasized the historical maritime links and invited startups to invest and innovate in India, highlighting mutual growth opportunities.

18 Dec 2025 12:47 pm
NCP (SP) aligning with Ajit Pawar's NCP would be like joining hands with BJP: Sanjay Raut

Shiv Sena (UBT) leader Sanjay Raut stated that an alliance between NCP (SP) and Ajit Pawar's NCP for the Pune Municipal Corporation polls would be equivalent to joining hands with the BJP. Raut plans to discuss this and other issues with NCP (SP) president Sharad Pawar, emphasizing that aligning with Ajit Pawar would strengthen the BJP.

18 Dec 2025 12:32 pm
Quote of the Day by Tim Tszyu: 'I have all the skills in the world, I just need to...'

Australian boxer Tim Tszyu has secured a significant win against American Anthony Velazquez. This victory marks a crucial step in Tszyu's comeback after recent world-title defeats. The unanimous points decision in Sydney could pave the way for Tszyu's return to the top in 2026. His performance demonstrated resilience and a renewed focus on his international career.

18 Dec 2025 12:30 pm
Danish Khan to exit Sony Pictures Networks India after 10 years

Danish Khan, Business Head of Sony LIV and Studio NEXT, is leaving Sony Pictures Networks India after a decade to pursue new opportunities. Khan significantly scaled Sony LIV's digital business, achieving five-fold revenue growth and four-fold user increase. He also played a key role in developing popular television and studio properties during his tenure.

18 Dec 2025 12:29 pm
26/11 survivor says 'Dhurandhars' red screen 'bone-chilling' scene sent shivers and shook her to the core, says '17 years have passed but...'

As Ranveer Singh starrer 'Dhurandhar' continues to perform well at the box office, a 26/11 survivor has reviewed one of the haunting scenes where the screen goes red and voice recordings of terrorists and their handlers are played. Rajita Bhagga described the scene as gut wrenching and painful, saying that the scene shook her to the core. Dhurandhar's director Aditya Dhar reacted to her post and said her words remind us why this story had to be told.

18 Dec 2025 12:27 pm
Kerala HC stays further proceedings on ED show cause notice to CM Vijayan, others

The Kerala High Court has halted Enforcement Directorate proceedings against Chief Minister Pinarayi Vijayan. The stay extends for three months. Former Finance Minister Thomas Isaac and KIIFB CEO K M Abraham also received similar relief. This order follows a joint plea challenging show cause notices.

18 Dec 2025 12:26 pm
Haldirams enters strategic partnership with L Catterton

L Catterton, a global investment firm, has partnered with and invested in India's leading ethnic snacks maker, Haldirams. This collaboration aims to bolster Haldirams domestic market position and fuel its international growth. The move follows a significant stake acquisition by other investors earlier this year, signaling strong confidence in Haldiram's potential amidst a booming Indian snacks market.

18 Dec 2025 12:24 pm
Nissan unveils Gravite MPV for India, launch set for early 2026

Nissan India has revealed the Gravite, a new compact MPV. This marks the beginning of Nissan's product expansion in India. The Gravite is scheduled for launch in early 2026. It will be the first of three new Nissan models to arrive.

18 Dec 2025 12:22 pm
Is Emily in Paris returning for Season 6? All you need to know about Lily Collins' show - Season 5 release time, date in India, number of episodes

Emily Cooper is back in a new role, leading Agence Grateau's Rome branch in Emily in Paris Season 5. The popular Netflix series premieres today, December 18. Fans are also excited about a potential Season 6, with Netflix CEO Ted Sarandos reportedly hinting at its return in 2026. Read on!

18 Dec 2025 12:02 pm
Maruti Suzuki December 2025 discounts: Check offers and benefits on Dzire, Swift, Baleno, Fronx, and other models

Maruti Suzuki December discounts includes models across Arena and Nexa, including Alto K10, Swift, Baleno, Brezza, Fronx, Jimny and Invicto. Total benefits range from under Rs 20,000 to over Rs 2 lakh, depending on the model, variant and eligibility criteria.

18 Dec 2025 11:53 am
Thought of the Day by Amelia Earhart: 'Being alone is scary, but not as scary as...' Here's some inspirational quotes from legendary aviator

Thought of the Day by Amelia Earhart, 'Being alone is scary, but not as scary as...', reflects on courage, independence, and action. The quote about being alone speaks to emotional strength. The message connects her words, life journey, aviation records, and lasting influence on women, leadership, and self-belief across generations.

18 Dec 2025 11:53 am
HSC school rankings 2025: North Sydney Boys tops the list with over 71% success rate, followed by James Ruse; check top 10 schools in NSW

North Sydney Boys High School has secured the top spot in the 2025 NSW HSC rankings for the third consecutive year, achieving a historic trifecta with a 71.60 per cent success rate. Long-time rival James Ruse Agricultural High School followed in second place, highlighting the continued dominance of selective public schools in the state's academic performance.

18 Dec 2025 11:51 am
Quote of the day by Bill Gates: 'Don't compare yourself with anyone in this world. If you do so...'

Bill Gates, a tech pioneer, built Microsoft into a global powerhouse. He became a billionaire at 31. Gates then shifted his focus to philanthropy. He co-chaired the Bill & Melinda Gates Foundation. The foundation works on health, education, and poverty. His work continues to inspire many. Gates' legacy spans technology and global change.

18 Dec 2025 11:51 am
IndiGo restores 2,200 daily flights; CEO Pieter Elbers says 'worst is behind us'

IndiGo has brought back its flight operations to approximately 2,200 services. This comes after a challenging period that significantly impacted Indian aviation. The airline's CEO has outlined three key priorities moving forward. These include enhancing the robustness of its systems. IndiGo is also undertaking a thorough investigation to understand the causes of the recent issues.

18 Dec 2025 11:43 am