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The Economic Times

Economy / The Economic Times

Office rents climb across Indias gateway markets, Bengaluru leads with 10.7% growth

India's prime office market shows continued strengthening and rising rents. Bengaluru remained a standout performer, while Mumbai and Delhi-NCR also saw healthy momentum. These cities collectively leased 9.8 million square feet in the second quarter. Bengaluru rents rose 10.7% year-on-year, and Delhi-NCR saw a 7.6% increase. Mumbai's prime office rents experienced a 4% year-on-year growth.

18 Aug 2026 9:16 am
'Every actor deserves a chance to prove...': Salman Khan's ex-girlfriend Somy Ali backs Govinda amid Sunita Ahuja's cheating allegations, 'sugar daddy' remark

Somy Ali has recently stood up for Govinda, affirming that his commitment to cinema is as valuable as ever. Sharing nostalgic images, she opened up about his remarkable talent and genuine nature. The actress' endorsement comes at a time when rumors swirl about tensions between Govinda and his wife Sunita, sparked by claims of entangled relationships and public disputes.

18 Aug 2026 8:56 am
Hill homes turn premium as buyers seek managed second-home communities at holiday destinations

Hill residences are becoming more expensive as buyers seek managed communities. Property transactions in Himachal and Uttarakhand now exceed twenty crore rupees. Amenities are a key consideration for affluent buyers choosing holiday homes. The second-home market is shifting towards professionally managed branded residences. This trend reflects a growing demand for lifestyle-led, yield-oriented products.

18 Aug 2026 8:48 am
Cab driver was laid off from tech, now earns Rs 1.2 lakh a month. He said, 'Rs 40,000 job was just a side income'

Pratham, a social media user, shared a conversation with a cab driver who had recently been laid off from a tech company. The driver appeared to earn Rs 40,000 a month from driving, but revealed he owned an ancestral property and a flat that together generated Rs 80,000 in rent. With total monthly income of Rs 1.2 lakh, his Rs 40,000 driving job was actually just a side income.

18 Aug 2026 8:45 am
Boosting connectivity with Russia: India plans to send first cargo ship along Northern Sea Route in 2027

India plans its first cargo ship voyage along the Northern Sea Route next year. Russia's Arkhangelsk region is discussing economic potential and collaboration with New Delhi. Opportunities include shipbuilding and utilizing port facilities for cargo movement. The Northern Sea Route offers significant distance and time savings for European trade. This initiative further strengthens existing connectivity and trade between India and Russia.

18 Aug 2026 8:21 am
A researcher turned politicians faces into economic data, asking whether their obesity could serve as an unlikely warning sign for something governments rarely reveal: corruption

An economist explored a novel link between politicians' physical appearance and corruption. He used computer vision to estimate body mass index from photographs of ministers. This study examined cabinet members across fifteen former Soviet republics. Later research focused on Ukrainian ministers, showing similar statistical associations over time. The findings suggest a potential proxy for corruption where data is scarce.

18 Aug 2026 8:02 am
Iraq to probe drone attack on Kurdistan PM's office

Iraq will investigate a drone attack on the Kurdistan prime minister's office. Iran denied involvement and called the incident a ploy to harm relations. Kurdistan authorities blamed Tehran for the drone strikes on government buildings. The region has faced over a thousand attacks since the Middle East war began. This incident represents a dangerous escalation threatening regional stability.

18 Aug 2026 7:59 am
Garena Free Fire MAX redeem codes August 18, 2026: Get free skins, outfits, bundles, emotes and more today. Check the latest codes before they expire

Garena Free Fire MAX redeem codes for August 18, 2026, offer players in-game rewards. These limited-use alphanumeric codes can unlock character skins and outfits. Players should try the latest codes promptly as they expire quickly. Redeeming codes requires visiting the official Free Fire Redemption Centre. Successful redemption sends rewards directly to the player's in-game mailbox.

18 Aug 2026 7:54 am
Taiwan detects five PLA aircraft sorties, eight PLAN vessels around its territory

Taiwan detected five Chinese aircraft sorties and numerous naval vessels operating nearby. Three of these aircraft entered Taiwan's northern and eastern Air Defence Identification Zone. On the previous day, one Chinese aircraft entered the northern ADIZ with many vessels. China asserts Taiwan is an inseparable part of its territory. Taiwan maintains its own independent government and military forces.

18 Aug 2026 7:53 am
Awarapan 2 box office collection: Emraan Hashmi film crosses Rs 130 crore worldwide in four days, becomes his highest-grossing solo movie

Awarapan 2 has soared to impressive heights, amassing a total of Rs 130 crore at the global box office. In just four days, this film has become Emraan Hashmi's highest-grossing solo venture. The achievement is remarkable, especially considering its production budget of Rs 45 crore, driven by nostalgia and Hashmi's enduring appeal. Read on!

18 Aug 2026 7:52 am
Ankur Warikoo emailed a Princeton professor for homework help. 5 minutes later, he got a reply

During his PhD, Ankur Warikoo struggled with an assignment his professor believed was nearly impossible. After spotting the textbook authors name, he searched for the Princeton Physics professors email and reached out. Five minutes later, the professor replied and even helped him over Yahoo Messenger. Warikoo eventually became the only student to solve the assignment. Sharing the story, he urged people to send cold emails because opportunities can emerge directly from inboxes.

18 Aug 2026 7:36 am
Latest Malayalam, Tamil, Telugu, Kannada OTT releases: Chennai Love Story to I, Nobody, new movies and shows on Netflix, JioHotstar, Prime Video, ZEE5 and more

This week is a feast for fans of South cinema as multiple films make their way to streaming platforms. From Pyaar Prema Kalyanam hiting Netflix, to Jana Nayagan is set to premiere on ZEE5. Read on to know when and where to watch these movies online.

18 Aug 2026 7:35 am
Union Minister Piyush Goyal discusses scaling up retail investment with Nippon Life India AMC CEO Sundeep Sikka

Union Minister Piyush Goyal met with Nippon Life India Asset Management's CEO to discuss retail investment growth. They explored avenues for attracting greater global capital into Indian markets. Goyal also met with Check Point Software's CEO regarding cybersecurity and digital infrastructure protection. He emphasized faster implementation of industrial corridor projects for economic growth. The National Industrial Corridor Programme now covers twenty approved projects across thirteen states.

18 Aug 2026 6:37 am
Spirits giant Suntory bets on Oaksmith, Jim Beam to crack Indias whisky market by 2030

Suntory Global Spirits targets India as its third-largest market by revenue by 2030. The company plans to sell locally made whiskies and imported brands. Oaksmith whisky will target mass and mid-premium segments in India. Japanese and American whiskies will capture premium consumers in the market. Suntory will focus on scaling its whiskey business to achieve its ambitions.

18 Aug 2026 5:30 am
Aegis Logistics in talks to acquire UAEs Tristar for $1.5 billion

Aegis Logistics is in advanced discussions to acquire Tristar for $1.5 billion. This consolidation could be one of the industry's largest efforts. Aegis is seeking acquisition financing from lenders for the deal. Tristar operates across many countries, complementing Aegis's expansion plans. The companies are currently holding bilateral negotiations under an exclusivity period.

18 Aug 2026 5:30 am
7 things people say when they look fine but are quietly struggling with mental health problems. Do you say them too?

People do not always show when they are struggling with their mental health problems. They may continue with work, socialising and everyday routines while quietly feeling different on the inside. Sometimes, the clues can appear in casual conversations and repeated phrases that seem harmless at first. Here are some of the things people may say when they are not feeling as fine as they appear, and why these everyday statements may be worth noticing.

18 Aug 2026 1:03 am
Axis Bank expands corporate play beyond loans, shuns price war

Axis Bank is broadening its corporate banking services beyond just lending. The lender targets fee income and low-cost deposits from corporate ecosystems. It handles collections, payments, trade finance, and salary accounts for businesses. Investment banking and wealth management services are also offered to companies and their promoters. This strategy aims to build liability and fee franchises by managing more corporate cash flows.

18 Aug 2026 12:57 am
MCX plans Rs 200 crore investment to launch coal, minerals trading platforms

Multi Commodity Exchange of India plans to invest up to Rs 200 crore to launch dedicated coal and minerals trading platforms as the government seeks greater price discovery and transparency in domestic markets. MCX has incorporated separate entities for the businesses and received Sebi approval to invest about 100 crore in each.

18 Aug 2026 12:52 am
MTNL, BSNL and RINL's Rs 13,500 crore worth of realty assets to hit markets

Realty assets worth an estimated 13,500 crore belonging to MTNL, BSNL and RINL are set to hit the market after the Department of Public Enterprises gave final approval for their monetisation. The National Land Monetisation Corp will market 23 prime properties across six cities, targeting 7,500 crore this fiscal.

18 Aug 2026 12:48 am
Indias unemployment rate falls to four-month low of 5.1% in July, rural jobs drive gains

Indias unemployment rate fell to a four-month low of 5.1% in July from 5.5% in June, with rural unemployment declining to 4.5%, official PLFS data showed. Women and youth also recorded improvements. The labour force participation rate rose to 55.4%, while the worker population ratio climbed to 52.5%.

18 Aug 2026 12:42 am
Fare rules ground erring airlines, Supreme Court tells Centre

The Supreme Court has called on the Centre to take action against airlines that violate airfare regulations. In response, the government announced that they will finalize airfare rules within three weeks. Concerns have been raised about airlines flouting pricing guidelines from the ministry. The court has evaluated draft regulations presented in a sealed cover and will reconvene the hearing on September 7.

18 Aug 2026 12:42 am
Diageo to rework whisky, rum brands after FSSAI red flag

The company said it had engaged with the Food Safety and Standards Authority of India (FSSAI) over its updated guidelines and had taken measures to bring its products in line with the revised requirements. We have engaged with the FSSAI to align on the new guidelines proposed by them and have since taken appropriate measures to align our products fully with the revised requirements, a Diageo spokesperson said.

18 Aug 2026 12:41 am
Indias microfinance overhang is finally easing as debt-stressed borrowers fall

The number of microfinance borrowers with multiple loans has significantly decreased. These borrowers still hold substantial outstanding loans, posing a higher credit risk. Portfolio at risk for these stretched borrowers is higher than others. The microfinance market saw a record peak in loans outstanding recently. Stricter underwriting practices are helping the sector recover from past challenges.

18 Aug 2026 12:41 am
Bombay Shaving to handle D2C biz for Colgate India

Colgate-Palmolive India is joining forces with Bombay Shaving Company to enhance its personal care division. This partnership will tap into Bombay Shaving Company's robust digital capabilities, focusing on direct-to-consumer strategies and e-commerce expansion. Since purchasing a minority share in 2018, Colgate-Palmolive India has entrusted Bombay Shaving Company with online advertising and consumer relations, while maintaining control over traditional retail brand management.

18 Aug 2026 12:38 am
'Two Air India pilots found non-negative in drug test'

Two additional Air India pilots have reportedly tested non-negative in initial drug tests. These pilots have been removed from flying duties while confirmatory results are awaited. Nearly 400 pilots have undergone mandatory screening under Air India's program. This testing covers cockpit crew across the airline group, including Air India Express. The airline is conducting these tests beyond the civil aviation regulator's rules.

18 Aug 2026 12:38 am
India seeks WTO consultations with US over 50% tariff quota on quartz surface imports

India has sought consultations with the US at the World Trade Organization over Washingtons tariff-rate quota on quartz surface products, effective August 15 for four years. India, which exported about $380 million of these products to the US in FY26, said it has a substantial interest in the matter.

18 Aug 2026 12:37 am
SC dismisses Karnataka discoms' plea over Adani Power invoices

A bench led by Justice PS Narasimha refused to interfere with the Appellate Tribunal for Electricity's (Aptel) order that also refused to stay the invoices and upheld the Central Electricity Regulatory Commission's (CERC) direction to the discoms to pay the entire amount claimed by Adani Power in 45 days. The top court asked the appellate tribunal to pronounce its final order in the matter within three months.

18 Aug 2026 12:34 am
Fertiliser giants bet big on specialty products

Specialty fertilisers, widely used in horticulture, are gaining popularity as farmers seek better yields and more efficient use of nutrients. These products also command a significant premium over conventional fertilisers, making the segment increasingly attractive for manufacturers.

18 Aug 2026 12:22 am
Smaller cities take a big shine to diamonds grown in labs

The trend mirrors a significant shift in the US, the world's largest diamond consumer market, where lab-grown stones have moved from being a niche alternative to becoming mainstream in engagement jewellery. The growing popularity there, driven by affordability and the ability to buy larger stones for the same budget, offers a glimpse into the potential trajectory of the category in India.

18 Aug 2026 12:13 am
Renewable energy developers get relief over delayed projects, with riders

Renewable energy developers now receive extended timelines for grid connection. The Central Electricity Regulatory Commission introduced revised general network access regulations. Developers must pay escalating daily charges for these crucial project extensions. Limited extensions are available for land acquisition, financial closure, and commissioning dates. This framework supports projects showing progress and prevents transmission connectivity blockages.

18 Aug 2026 12:02 am
Banking sector in strongest position to undertake reforms, high-level panel coming soon: FM Sitharaman

Finance Minister Nirmala Sitharaman on Monday said Indias banking sector is in its strongest position to undertake the next phase of reforms, aided by historically low non-performing assets. She said the High-Level Committee on Banking for Viksit Bharat will be announced soon to align the sector with Indias growth ambitions.

18 Aug 2026 12:02 am
Is Gen Z bad at saving money? Rs 5,000 loan request makes 26-year-old question how youngsters use lavish lifestyles to hide empty savings

A recent Reddit discussion has sparked a debate over Gen Zs relationship with money, spending habits and financial discipline. What began as one young professional reflecting on the different ways people around him manage their finances soon turned into a wider conversation about rising consumerism, EMIs, lifestyle spending, savings and the pressure to keep up with others.

17 Aug 2026 11:59 pm
Hyatt-owner Juniper Hotels to double portfolio to 4,000 rooms, earmarks 1,930 crore

Juniper Hotels plans to double its luxury hotel portfolio to 4,000 keys. This expansion will occur over the next four years with significant investment. The company is developing five new greenfield projects across India. These developments include hotels and a commercial asset in key markets. Juniper Hotels will continue partnering with global operators for property management.

17 Aug 2026 11:35 pm
Jana Nayagan OTT release date locked: When and where to watch Tamil Nadu CM Vijay's final movie before political career

Vijay's Jana Nayagan is heading to the digital space after a long and much-discussed journey to theatres. The H Vinoth directorial faced several hurdles before its release and also carries added attention as the actor's final film before he focuses on his political career. Now, fans who missed the theatrical run or want to revisit the movie have a reason to look forward to its OTT arrival.

17 Aug 2026 11:21 pm
Election black money cases must be probed faster, says Supreme Court

The Supreme Court mandated swift conclusion of criminal cases involving election-related black money. Authorities must report cash seizures within twenty-four hours to the District Magistrate. Investigations must conclude within one year, with reasons for delays reported. Static Surveillance Teams will forward large cash findings to income tax authorities. High courts will designate courts for prompt disposal of these critical cases.

17 Aug 2026 10:57 pm
Indian men''s hockey team loses to England 2-4 in World Cup

Nicholas Bandurak put England ahead in the 13th minute but India fought back and took 2-1 lead through goals from captain Harmanpreet Singh (16th) and Dilpreet Singh (24th) in the Pool D match.

17 Aug 2026 10:52 pm
Psychology says people who never tell the real price of a product recently bought to their parents or elders aren't necessarily dishonest: What this behavior reveals?

Psychology says people who never tell the real price of a product recently bought to their parents or elders aren't necessarily dishonest. They may be avoiding conflict, judgment, guilt or repeated advice about money. This behavior can reflect differences between generations, personal boundaries and a need to protect relationships while making independent financial choices without creating unnecessary family tension.

17 Aug 2026 10:51 pm
Tired of job rejections after layoff, techie quits IT to be a school bus driver: 'Hope this industry finds its way back to treating people better'

After more than a year of job hunting following a layoff, a senior software quality engineer has decided to leave the tech industry and start a new career as a school bus driver. His candid post about the difficult search, repeated rejections and his hopes for a better workplace has sparked a wider conversation among other professionals facing similar career struggles.

17 Aug 2026 10:49 pm
Blanche defends Jeanine Pirro after Trump slams Lincoln Memorial pool case

Attorney General Todd Blanche supports US Attorney Jeanine Pirro amid President Trump's criticism. Pirro sought dismissal of vandalism charges for the Lincoln Memorial Reflecting Pool. Blanche stated evidence, not allegations, determines prosecution viability in such cases. The White House requested a review of the vandalism case for potential new charges. This situation highlights tensions between presidential expectations and prosecutorial decisions.

17 Aug 2026 10:45 pm
Venus in Libra Horoscope: 4 Zodiac Signs are entering their abundance era with unexpected opportunities before September 10

The Venus in Libra influence lasts until September 10, giving these four Zodiac Signs an astrological window associated with attraction, connection and receiving.

17 Aug 2026 10:44 pm
Liam Nesson quote of the day: 'At the end of the night when youre with your family, the character gets hung up on the door like a coat, and is there to be taken on the next morning.'

Liam Neeson advocates for actors to detach from their characters once the cameras stop rolling. He likens it to removing a coat, emphasizing the importance of maintaining a distinction between work and personal life. This philosophy fosters a nurturing environment for family connections. Renowned for his extensive film career, Neesons performances across diverse genres have garnered him numerous accolades.

17 Aug 2026 10:38 pm
In 1960, a 11 year old visited Colorado National Park that changed her life. 19 years later, she began protecting Americas National Parks for 35 years

Connie Lobdell Rudd transformed a childhood fascination with Americas national parks into an inspiring 35-year career with the National Park Service. Beginning as a seasonal employee, she went on to work as a ranger, planner, regional official and senior park leader. Combining her passion for education, nature and communication, Rudd helped visitors connect with national treasures while promoting conservation. She also broke barriers for women in senior management before retiring from the Nation

17 Aug 2026 10:36 pm
Pune sweets shop wins 5 lakh after food licence stays suspended despite 98% compliance

The Bombay High Court criticized the Maharashtra FDA for its actions. The court ordered the FDA to pay Rs 5 lakh compensation to a sweets shop. This compensation was for suspending the shop's license despite high compliance. The court permitted the shop to reopen its business operations. The FDA must pay the compensation within one month.

17 Aug 2026 10:36 pm
Five major floods followed Pajaro's 1949 levee construction; a 2023 breach sent water through homes within 3 hours and costing $300 million; UC Berkeley researchers are now recreating the watershed digitally to show how new barriers could change the next flood

Flood risk is hard to picture until water is inside your home. UC Berkeley researchers are building a digital twin of Californias Lower Pajaro River Valley to change that. The virtual model can show how floodwater may move through communities, what levee upgrades could change, and where climate change may increase danger. It also brings infrastructure, ecosystems and social equity into the same flood management picture.

17 Aug 2026 10:32 pm
Foreign nationals in drug cases face tougher bail checks as SC issues slew of directions

Supreme Court mandates passports for foreign nationals released on bail. Courts will now restrict travel outside India for these accused individuals. Foreign nationals must register with FRRO and inform authorities promptly. Surety verification must be completed within three days of bail orders. A centralized database will track foreign nationals and their sureties in NDPS cases.

17 Aug 2026 10:31 pm
Diageo agrees to reformulate India whisky, rum drinks after flavouring breach, sources say

Diageo has agreed to reformulate some of its best-selling whisky and rum brands in India after the food safety regulator banned them in some states over alleged violations involving added flavours, government sources told Reuters. The company will remove whisky or rum flavourings and introduce clearer front-of-pack labelling during the transition.

17 Aug 2026 10:16 pm
Jio to relaunch Prime membership with 1-year price guarantee after Airtel plan changes

Reliance Jio is relaunching its Prime membership program soon. This offers customers a price guarantee for their plans. The company will also enhance benefits under its Rs 299 plan. This move follows Airtel discontinuing some of its lower-priced daily data plans. Experts see this as a shift towards higher telecom tariffs.

17 Aug 2026 10:13 pm
In 1934, in America's strangest honeymoon, Arizona couple chose a roofless 900-year-old crumbling monument with snakes and scorpions as company. The famous couple later worked in 8 national monuments and divorced 11 years later

In 1934, Arizona newlyweds Sallie Pierce Brewer and Jim Brewer began their married life in one of Americas most unusual settings, the ancient Wupatki Pueblo, a centuries-old desert settlement where their living quarters had no roof and snakes and scorpions were part of the surroundings. Their unusual life took them across eight Southwestern national monuments, while Sallie went on to build an important career in archaeology and the National Park Service

17 Aug 2026 10:11 pm
ICRA estimates India's GDP growth at four-quarter low of 7 per cent in April-June

India's GDP growth forecast stands at seven percent for the April-June quarter, marking a four-quarter low and a slowdown from prior growth rates. The industrial sector is projected to expand by seven point seven percent, with agriculture and services also seeing improvements. Overall growth is expected to moderate, yet nominal GDP growth is set to reach a remarkable four-year high.

17 Aug 2026 10:07 pm
Russia receives Indian gasoline cargo as fuel shortages bite

At least one 68,000-tonne cargo of gasoline from India has entered Russias domestic market as Moscow responds to fuel shortages caused by Ukrainian drone attacks on refineries. The shipment, loaded at Indias Vadinar port, was discharged at Russias Vitino port and is being transported by rail to domestic buyers.

17 Aug 2026 9:27 pm