The Economic Times
Elections 2026Economy / The Economic Times
India and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlements as BRICS seeks alternatives to traditional payment systems. Sberbank CEO Herman Gref said the initiative could support trade expansion, while Russian companies rupee holdings and the widening trade imbalance remain key challenges.
Tata Steel is using over 10,000 CCTV cameras and AI for proactive accident prevention. Connected workforce systems and remote operations are also being deployed across its facilities. This technology shift aims to move safety from post-incident investigation to real-time prevention. Driver fatigue monitoring and hazard detection are integrated into logistics and plant operations.
Yemen's Houthi rebels seized a strategic island in the Bab el-Mandeb Strait. This advance further threatens Saudi oil exports through a key global shipping lane. Saudi Arabia responded with airstrikes against the port city of Mokha, which the Houthis captured. The rebels' territorial gains could boost Iran's strategy to pressure the United States.
India's foreign exchange reserves reached a record $785.71 billion. This surge followed a significant increase in the previous week. Foreign currency assets saw a substantial rise, contributing most to the growth. Gold reserves, however, experienced a slight decline during this period. Overall reserves show a considerable increase from both earlier this year and last year.
The blast took place around 2 am at the house of Trinamool Congress (TMC) leader Dwijen Mondal near Lal Pol in Uttarbhag area of Baruipur East, police said, quoting local residents.
Congress has criticized the Modi government for its silence on a US Department of Homeland Security advertisement. The advertisement asked 'Mr Singh' to self-deport, sparking controversy and accusations of racism. Congress stated the Modi government appears weak and unable to advocate for India's interests. This incident follows previous instances of perceived humiliation for Indians under the current administration. The party demands accountability for the government's perceived diplomatic fail
Vadilal Industries' domestic distribution faces change as an agreement expires soon. Vadilal Enterprises cannot renew the sales and distribution pact on current terms. This development arises from a lack of required approvals from its public shareholders. Vadilal Industries is now evaluating next steps to ensure business continuity. The company is taking measures to safeguard its interests and shareholder value.
In a remarkable archaeological find, researchers in Poland have discovered a 5,000-year-old burial site from the Stone Age, situated close to a Roman cemetery. The grave housed a nearly intact male skeleton alongside two other skulls, amber beads, a flint knife, a stone ax and a necklace made of 42 sharp teeth. The grave was discovered at an archaeological site near Zorawina, in southern Poland.
School Holiday Tomorrow: On Saturday, September 12, 2026, most Indian schools are set to operate as usual. However, due to the second Saturday of the month, several institutions may shut down. Additionally, some districts could implement weather-related closures for student safety. Parents are encouraged to confirm the holiday status with their specific school and keep an eye on local administration updates for any changes.
Enterprise artificial intelligence is shifting from simple information retrieval to decision intelligence systems. These advanced systems will connect evidence and preserve context for better decisions. By 2029, modelled business decisions could be five times more trusted. GraphRAG techniques will improve factual accuracy and reasoning for many enterprises. This evolution moves AI beyond chatbots into strategic operational workflows.
Having a favorite teacher is a fairly common experience. Students may naturally connect more strongly with certain teachers because their classroom experiences are influenced by more than the subject being taught. Feeling understood, supported and capable can all shape how students respond to a particular teacher. Research has also consistently found that positive teacher-student relationships are associated with greater student engagement and, in some studies, improved academic performance.
Prime Minister Narendra Modi on Friday expressed confidence that people-to-people ties between India and Russia will grow further with the translation of the Thirukkural into Russian, as he gifted the Russian version of the classical Tamil scripture to Russian President Vladimir Putin during their bilateral talks in New Delhi.
Satin Finserv Limited has announced the launch of ' The Climate Edition', a national initiative aimed at discovering and supporting students and early-stage startups building solutions to some of the most pressing climate and environmental challenges.
The Iran-backed Houthis, who have for years controlled large parts of northern Yemen, launched a large-scale offensive last week against Saudi-backed government forces, killing hundreds.
The European Commission seeks approval to sign a major Free Trade Agreement with India. This pact will significantly expand market access and reduce tariffs on many goods. European exporters anticipate saving billions annually as duties are eliminated or lowered. The agreement also enhances access to India's services market and strengthens intellectual property rights. Both sides are establishing contact points to assist smaller exporters in utilizing the pact.
India's mining sector is projected to contribute half a trillion dollars over twenty years. This vital industry is expected to create three crore new jobs for the nation's economy. Mineral security is now intrinsically linked with energy security for global stability. Emerging technologies like AI and quantum computing depend heavily on mineral resources. Vidarbha is poised to become a significant engine for India's mining-led economic growth.
Delhi CNG Refuelling New Rule: Delhi government will enforce mandatory hydro-testing of CNG vehicle cylinders every three years. Vehicles with expired or unavailable hydro-test certificates will not be allowed to refuel at CNG stations. The move follows the August 19 CNG cylinder explosion that killed three pump workers and injured three others.
Al Pacino emphasises the importance of embracing vulnerability as we navigate through life's ups and downs. He argues that becoming emotionally guarded can lead to missed opportunities and hinder genuine connections. Drawing from his own journey, which is filled with challenges and perseverance, Pacino highlights that real resilience is found in learning from experiences and taking risks, allowing for personal growth and the chance to start anew after any fall.
She had no training. No running shoes. No proper running equipment or uniform. Lata Bhagwan Kare started running not to fulfil a childhood dream or to achieve fitness goals but for love. She desperately needed money to afford an expensive MRI scan for her husband, who had suffered a heart attack.
The viral 80s photo trend has largely focused on Bollywood-inspired looks, but AI can do much more than turn photos into retro portraits. These seven prompts help users place themselves inside everyday 1980s Bombay; travelling on a local train, sitting in an Irani caf, living in a chawl, walking through neighbourhood streets, experiencing the monsoon or spending an evening at Marine Drive. By using a personal photo and adding period-specific details, users can create images that feel less like g
Edible flowers can add colour, flavour and freshness to homemade meals while doubling as beautiful garden plants. Nasturtiums, calendula, pansies, roses, lavender, borage and hibiscus are among the flowers that can be grown at home and used in salads, desserts, drinks and garnishes. Always choose correctly identified edible varieties and avoid flowers treated with chemicals unsuitable for consumption.
Julia Roberts, 58, is known for embracing natural ageing while maintaining a simple approach to skincare and wellness. Her routine includes regular sun protection, removing makeup before bed, keeping her skin hydrated and caring for dry hands and feet. She also advocates mindful eating, adequate sleep, drinking water and staying joyful. Beyond beauty routines, Roberts has spoken openly about accepting facial changes and allowing her expressions to tell her story naturally.
An Alliance Air aircraft made an emergency landing at Delhi airport on Friday afternoon. The flight, carrying approximately forty people, experienced an engine failure during its journey. This aircraft was operating flight 9I 698 from Prayagraj to the national capital. The twin-engine turboprop aircraft landed safely at the airport around 2:15 pm. Alliance Air has not yet provided an immediate comment on the incident.
Global Fintech Fest: Sitharaman said that India was experiencing its demographic dividend in real time, with the countrys young population increasingly translating its potential into economic momentum.
Visa and ONDC will collaborate to simplify tourism discovery for travelers across India. This partnership aims to connect visitors with local businesses and unique travel experiences. They will leverage open network principles and digital innovation for seamless journeys. ONDC seeks to strengthen demand-side participation in its growing tourism sector.
Two visionary students have unveiled Smriti 1.0, a cutting-edge robot aimed at the preservation and digitisation of fragile palm-leaf manuscripts. The machine employs suction and oil to gently cleanse and dry each leaf, while high-tech OCR capabilities convert the ancient writings into digital text. Their pioneering project clinched first place in a national robotics competition, propelling them to represent India at a prestigious international showcase in Puerto Rico.
Korean-inspired hair care focuses on scalp health, gentle cleansing, hydration and protecting the hair lengths from damage. The routine includes thorough scalp cleansing, occasional exfoliation, gentle massage, scalp tonics or ampoules, conditioning, lightweight hair essences and careful drying. Rather than following one fixed method, the approach treats the scalp like skin while keeping strands nourished, smooth and lightweight for healthier-looking, shinier hair.
Oscar-winning actress Liza Minnelli, the daughter of Hollywood legend Judy Garland, inherited an opulent Beverly Hills property, which is now deserted. The house's demise was cemented by a protracted legal struggle between Liza and her stepmother, Lee, the fourth wife of her late father, director Vincente Minnelli. Even new owners have since abandoned it.
In 2024-25, the state paid Rs 25,604 crore towards interest and Rs 29,126 crore as principal, while for 2025-26, the revised estimates show that Rs 27,095 crore was paid towards interest and Rs 34,025 crore as principal.
To effectively narrow the insurance gap in India, collaboration between government and private entities is crucial, as technology alone is insufficient. While AI holds the promise to connect more individuals with insurance, accessibility issues persist. Special attention is needed for the often-overlooked 'missing middle' demographic. Establishing consumer trust and providing adequate coverage are key to broadening insurance use. Defining shared responsibilities is essential for achieving univer
NEW DELHI: Nearly a third of India's coal-fired power plants are operating with critically low fuel stocks despite government efforts to boost supplies, as an extended spell of hot weather keeps electricity demand elevated, government data showed.India's peak power demand, a measure of the maximum electricity requirement, has been hovering near the record 270.70 gigawatts touched in May.Demand has consistently reached around 267 GW over the past few days, driven by increased cooling needs amid a
In preparation for the role in Babita Singh Reporting, Nimisha Sajayan underwent a remarkable transformation, gaining 14 kgs in two months. This required an intensive diet of up to 8000 calories each day. The actress recently shared what all she ate throughout this journey to gain 14 kgs weight. Read on!
Acknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic stability during a tumultuous global landscape. The real GDP growth for the April-June quarter notably exceeded initial expectations. While the IMF appreciates advancements in statistical frameworks, it calls for persistent improvements in data quality. Anticipated growth projections for India will be published in October.
Over the past five years, Decathlon India's wholesale venture has experienced explosive growth, increasing twentyfold and now representing ten percent of company revenue. This segment reaches over twenty thousand pin codes across India, providing services to defence organizations, government entities, and corporate partners, alongside collaborations with schools and nonprofits to promote sports and fitness.
India's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essential bedrock. Operational and cyber resilience are key priorities for the nation's financial infrastructure. Inclusion must extend beyond smartphones to reach all citizens. Technology distributes services, but responsibility always remains with regulated institutions.
In a significant move for drivers, the Union Minister Nitin Gadkari has unveiled the OneTag system that allows motorists to conveniently change their FASTag issuing banks without needing new physical tags. Users can maintain their current tag and vehicle registration during this transition, which will be managed through the Rajmargyatra mobile application. This initiative aims to make the process more user-friendly and cut down on the production of new tags.
BRICS finance ministers voiced serious concerns over unilateral trade measures. Higher tariffs and non-tariff barriers are distorting global trade and adding risks. The global economic outlook remains under pressure from geopolitical tensions. Trade fragmentation and protectionism also contribute to economic instability. Policy uncertainty and financial vulnerabilities add to the global economic challenges.
Celina Jaitly took to social media and remembered her son Shamsher on his birthday with an emotional post talking about cherished memories from a trip to Austria. She conveyed her final wish through this post. However, ongoing legal matters have reportedly kept her apart from her sons. Read on!
Ankur Warikoo challenges the belief that winners never quit, arguing that successful people know when to walk away. He says this can mean leaving toxic jobs, unhealthy relationships, limiting stereotypes, unhelpful memories, misguided decisions, harmful situations and biases. According to Warikoo, quitting what no longer serves you creates space to redirect your attention, energy and efforts towards something better.
Sumadhura Group plans a Rs 17,000 crore investment for 45 million sq. ft. development. This includes 35 million sq. ft. of residential projects and luxury villas. The company will also develop 4.2 million sq. ft. of Grade A office space. Additionally, 6 million sq. ft. of warehousing space is planned for growth.
BRICS nations can boost trade and investment by deepening financial markets. Experts suggest using local currencies more often for transactions. Linking payment platforms and exploring CBDCs will speed up cross-border payments. Reducing non-tariff barriers will also enhance intra-BRICS trade significantly. Greater trust and business partnerships are key for future economic cooperation.
In a notable move, Kotak Realty Fund has allocated Rs 800 crore to Gurugram-based projects, enhancing the luxury residential sector supported by Smartworld Developers and M3M India Group. This partnership underscores the importance of institutional support for credible developers and effective governance, as Smartworld continues to thrive in the premium housing segment with a clean financial slate.
Indian skilled professionals looking to work in the UAE can enter Dubai to search for jobs without first securing a local employer or sponsor. The Dubai job exploration visit visa allows eligible jobseekers to attend interviews, take part in recruitment processes and explore employment opportunities in the emirate.For Indians considering a move to the UAE for work, the visa offers an option to conduct the job search from Dubai instead of applying for jobs from India. Applicants can choose a 60-d
Financial advisor Prem Soni says young Indians earning well may still carry their parents scarcity-driven money habits. He argues that hiding the actual cost of gifts, dinners, ice cream or travel to avoid criticism can reflect a deeper poverty mindset. While respecting parental struggles, Soni believes both generations must adapt as incomes, economic realities and financial choices change.
The landscape of India's salon industry is evolving dramatically, moving past conventional services. Consumers now crave bespoke hair and skincare experiences, which is significantly altering their purchasing patterns. Organized salon chains are redefining the industry through enhanced efficiency. Ccigmaa Lifestyle Pvt Ltd capitalizes on salon expertise for innovative product development and expansion, propelling growth within the personal care sector.
Suniel Shetty has successfully transformed a barren land into a thriving green escape at his Khandala farmhouse. Together with his family, they have planted over 400 trees, enriching the environment. Besides this, the actor also provides easy gardening advice for aspiring gardeners on social media. Read on!
Sachin Tendulkar recently took to X to reveal why he often spends time with his bat and why it is not just equipment for him. He shared that he often used his carpentry tools to shape his bat until it appeared just the right size and felt correct in his grip.
Britain's economy grew by a stronger than expected 0.4 percent in July. This performance extended the strong showing seen in the first half of the year. Services sector strength offset falls in production and construction, with AI aiding software development. The economy expanded by one percent in the first half of 2026, fastest among G7 nations. Bank of England forecasts 1.1 percent growth for 2026, with inflation expected to rise.

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