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The Economic Times

Economy / The Economic Times

Computer Science graduate cant find a job, works at a restaurant instead, asks whats happening in US - many say same story

Recent graduates with tech degrees are facing unexpected job market struggles, with one user detailing over 500 applications leading to only two interviews and a return to restaurant work. This experience resonates with many, highlighting a perceived collapse in job opportunities despite strong academic backgrounds and internships.

29 Jan 2026 1:46 am
CEO calls last-minute All-Hands to announce acquisition employees fear layoffs and seek advice. Get suggestions on what to do next

A sudden all-hands meeting worried employees after a Sunday night email from the CEO. The meeting later revealed the company was acquired, raising fears of job cuts. Workers noticed unclear messages from leadership and mixed signals on job safety. Many employees, especially new hires, are now seeking advice on what to do next.

29 Jan 2026 1:31 am
Indias ageing crisis: Why elder care needs stronger regulation and national standards

Senior care facilities operate under a patchwork of state lawsmany adapted from hospital, mental health or social welfare frameworks not designed for long-term elder care.

29 Jan 2026 1:04 am
Drug misuse: Govt may curb 'Pregabalin' sales

The government is looking to control the sale of Pregabalin. This common medicine is being misused. The government wants to make sure it is only sold with a doctor's prescription. This move follows concerns raised by authorities. Pregabalin is used for pain and seizures. Stricter rules are being considered to prevent its misuse.

29 Jan 2026 12:59 am
FMCG majors turn to bulk buying during harvest season to cut costs, curb commodity price volatility

These companies are also shifting from all-year round buying and instead acquiring raw materials in bulk during harvest seasons to reduce costs. High prices of wheat, edible oil, sugar, pulses, and other agri-commodities had squeezed margins at these companies last fiscal year.

29 Jan 2026 12:55 am
Baramati plane crash likely to result in 50 crore claim, insurers say

A fatal Learjet 45 crash near Pune, killing five, is expected to trigger insurance claims of approximately 50 crore. The aircraft, insured by ICICI Lombard, was attempting to land when it crashed. This follows another aviation insurance claim of 18 crore earlier this month.

29 Jan 2026 12:55 am
Celebrity endorsements fall 22% in 2025 as brands shift to influencers

Celebrity brand endorsements saw a significant 22% decline in 2025, marking the steepest drop. Companies are shifting budgets from expensive celebrities to influencers, including nano-influencers, to connect with GenZ consumers and achieve better campaign measurement. While celebrities remain important in some categories, the trend favors community-focused advertising.

29 Jan 2026 12:53 am
Private banks step up write-offs despite benign NPA ratios in December quarter

Indian private banks increased loan write-offs by over 22% in the December quarter. This move aims to clean balance sheets. Despite low reported bad loan ratios, underlying stress persists, especially in retail and unsecured lending. Banks are proactively managing credit costs. This trend highlights ongoing asset quality pressures that observers are watching closely.

29 Jan 2026 12:51 am
PNB Housing Finance bets on affordable loans, margin focus under new MD

PNB Housing Finance aims to balance growth and margins under a new leader with a five-year tenure, following frequent leadership changes. The company is shifting focus to higher-yielding affordable and mid-market housing loans, targeting a 45-50% share by FY28. This strategy, coupled with funding new developers, seeks to improve profitability and address investor concerns.

29 Jan 2026 12:49 am
Inox Clean Energy raises 3,400 crore from NaBFID to refinance Vibrant Energy debt

INOX Clean Energy is securing a 3,400 crore, 20-year loan from NaBFID to refinance debt post-acquisition of Macquarie's Vibrant Energy. This loan, priced between 8-8.50%, will be secured by seven solar, wind, and hybrid projects with long-term PPAs. The move aims to retire expensive debt and reduce the company's equity component.

29 Jan 2026 12:49 am
The CMO makes a comeback at HUL in a tight market

Hindustan Unilever is restructuring its marketing leadership, appointing new heads across segments to bolster brand building amidst intensifying competition. This strategic shift aims to sharpen brand focus, accelerate decision-making, and adapt to evolving consumer preferences in India's dynamic market.

29 Jan 2026 12:38 am
Data analyst husband gets laid off every year, wife thinks he chose a difficult career - Internet steps in

Data analyst career struggle: A Reddit post detailing a data analyst's struggles with job retention has gone viral, sparking discussions about career misalignment and potential focus issues. Users suggested ADHD evaluations and alternative career paths like project management or logistics, emphasizing the importance of understanding data fundamentals and coping strategies.

29 Jan 2026 12:37 am
When will Amazon Fresh and Amazon Go stores close down and will Amazon.com grocery delivery still work or stop? Full store closure dates, timeline, affected stores list and what will happen to affected employees explained

When will Amazon Fresh and Amazon Go stores close down and will Amazon.com grocery delivery still work or stop? Amazon will shut 72 physical grocery stores by February 1. California stores will close later. Amazon Fresh online and grocery delivery from Amazon.com will continue without interruption.

29 Jan 2026 12:37 am
Turkish products excluded from India, EU FTA benefits

Under the EU-Turkey Customs Union, Turkiye has to match the EU's common external tariff. So, when the EU lowers its tariffs for an FTA partner such as India, Turkiye would have to extend the same benefit to India.

29 Jan 2026 12:35 am
Nicki Minaj backs Trump Accounts with $300,000, supports kids early savings plan

Nicki Minaj is supporting Trump accounts, a new savings plan for children in the United States. The program helps kids build money early in life with help from the government, companies, and donors. A White House event is promoting the plan, and more famous people and businesses may join to support childrens future savings.

29 Jan 2026 12:31 am
Deccan Gold Mines may start drilling at critical mineral projects this quarter

Deccan Gold Mines will begin drilling at its critical mineral projects in India and overseas this quarter. The company plans to establish small-scale processing facilities by mid-2027. DGM is exploring nickel, copper, and platinum group elements in Chhattisgarh. In Mozambique, focus will be on lithium, tantalum, and copper. A tungsten project in Spain is also advancing.

29 Jan 2026 12:29 am
Obama crushes Trump in hypothetical 2028 matchup, new poll shows double-digit lead

A new poll indicates former President Barack Obama leads Donald Trump by 11 points in a hypothetical 2028 matchup, though neither is constitutionally eligible to run. The survey found 34% support allowing three terms, while nearly 60% oppose it. Talk of Trump seeking a third term has circulated, with Trump 2028 merchandise already on sale.

29 Jan 2026 12:28 am
India's pumped storage capacity to cross 100 GW by 2036

The investment required for upcoming PSPs is estimated at around Rs 5.8 lakh crore, calculated at an average cost of Rs 6 crore per MW, CEA said in a report outlining the roadmap for PSPs till 2035-36 on Wednesday.

29 Jan 2026 12:27 am
Employee seeks advice on how to help his wife understand the brutal job market gets thoughtful suggestions

After losing a $140,000 Fortune 500 position in mid-2024, one professionals seven-month unemployment spiral resulted in lower-paying government work and a continuing battle to return to his former income level. Despite steady applications, he experiences repeated rejection and ghosting, sparking tension at home as his wife struggles to understand how unforgiving todays hiring landscape has become.

29 Jan 2026 12:27 am
Anchor Group feud nears resolution as Mehul Shah emerges top bidder for GreatWhite

A family dispute over control of GreatWhite Global is nearing resolution as Mehul Shah emerges as the successful bidder to acquire his brother Hemang Shah's 50% stake. The National Company Law Tribunal has directed both parties to expedite the conclusion of the bidding process, with a hearing scheduled for March 6.

29 Jan 2026 12:26 am
IEPFA plans faster payouts for low-value unclaimed shares, dividends

Under the existing system, the authority then oversees claim settlements and verifications, with the relevant companies playing a key part in the stipulated processes. The proposed move aims to do away with further verification by the IEPFA in cases of low-value claims to ensure faster settlement, as per the draft rules firmed up by the authority.

29 Jan 2026 12:21 am
Maruti Suzuki misses market estimates despite record quarterly sales

Maruti Suzuki's third-quarter net profit rose 3.7 percent. This missed market expectations. Weak exports and a one-time provision impacted the results. However, the company achieved its best-ever quarterly net sales. Strong demand during the festive season and a GST reduction boosted sales. Domestic sales volume also reached a record high.

29 Jan 2026 12:20 am
Budget 2026 wishlist: Manufacturing sector seeks tax relief, lower compliance costs

Indian manufacturing CXOs prioritize tax relief and reduced compliance costs in the upcoming budget, with over half flagging it as a top concern. The survey also highlighted the need for demand-side support, faster approvals, and improved logistics, with MSMEs identified as requiring the most policy assistance.

29 Jan 2026 12:20 am
IBC tweaks will align Indian laws with global regime: IBBI

India's insolvency law is set for significant changes. These amendments aim to bring the system in line with global practices. The goal is to enhance the rescue of struggling companies. The Insolvency and Bankruptcy Board of India chairman highlighted these upcoming improvements.

29 Jan 2026 12:17 am
Micro lenders get Rs 8,000 crore credit guarantee boost amid funding stress

This government backing aims to support the sector facing delinquencies and funding challenges. The scheme will incentivize banks to lend to microfinance institutions, especially smaller ones. It will be implemented outside the union budget framework and announced after Cabinet clearance.

29 Jan 2026 12:10 am
Gold, Silver scale new peaks as dollar slips

Gold and silver have hit record highs, fueled by strong demand and a dropped value of the US dollar. Escalating geopolitical tensions are also playing a significant role in this upward trend. Wealthy investors are turning to gold as a safe haven, while traders explore financing options for gold acquisitions.

29 Jan 2026 12:08 am
Fertiliser imports rise as local production falls this fiscal year

India significantly boosted fertilizer imports this fiscal year. Urea imports rose 85%, DAP 46%, and NPK 122%. This helped meet demand for key crop nutrition months. Urea sales increased despite lower domestic production. DAP sales saw a slight dip, but imports ensured availability. Complex fertilizer production grew, with imports more than doubling.

29 Jan 2026 12:07 am
DERC norms: HC seeks Delhi government response on Tata Power plea

Tata Power Delhi, a joint venture between the Delhi government and Tata Power Co., supplies electricity in Delhi's northern areas.

29 Jan 2026 12:06 am
Global energy markets start 2026 with ample supply & stable prices: Dave Ernsberger, president of S&P Global Energy

Global energy markets are starting 2026 with plentiful oil, gas, and renewable supplies. Prices are expected to remain stable, encouraging economic and demand growth. India is strategically discussing its energy mix. However, electricity transmission faces significant logistical hurdles due to rising power demand from data centers and AI infrastructure.

28 Jan 2026 11:59 pm
Nitin Nabin slams Trinamool government over 'infiltration'

BJP president Nitin Nabin visited West Bengal and strongly criticized the Trinamool government. He alleged infiltration, corruption, and misrule. Nabin claimed the Trinamool government protects infiltrators and targets Hindus. He stated there is a deliberate attempt to turn West Bengal into Bangladesh. Nabin expressed concern over demographic changes and the alleged intention to merge West Bengal with Bangladesh.

28 Jan 2026 11:55 pm
Tennis: Djokovic gets out of jail to reach Melbourne semis as Musetti retires

Novak Djokovic moves closer to a record Australian Open title. He advanced after Lorenzo Musetti retired injured while leading. Iga Swiatek's Grand Slam bid ended with a loss to Elena Rybakina. Jessica Pegula also reached the semi-finals. Djokovic expressed sympathy for Musetti's unfortunate situation.

28 Jan 2026 11:54 pm
Delhi High Court issues notice to DGCA on delay in pilot rest rules

The temporary relaxation was provided only to IndiGo following an operational meltdown at India's largest airline last December. For long-haul and ultra long-haul flights of Air India, the extension will continue till March 31. Carriers are pushing for another extension as well.

28 Jan 2026 11:52 pm
Mamata Banerjee to meet CEC on Monday; holds rally in Singur

West Bengal CM Mamata Banerjee will meet the Chief Election Commissioner in Delhi regarding concerns over special intensive revision processes. This follows her public rally in Singur, where she criticized PM Modi for not initiating industrial projects and pledged to develop both agriculture and industry in the region, promising employment opportunities.

28 Jan 2026 11:51 pm
Assam CM: Have asked BJP workers to file bulk form-7 against 'Miyas'

Assam CM Himanta Biswa Sarma has directed BJP workers to file bulk Form-7 objections against 'Miyas' during the electoral roll revision, citing suspected Bangladeshi infiltrators. This move follows Congress's allegations of unsubstantiated Form-7 submissions and calls for electoral officer intervention.

28 Jan 2026 11:50 pm
Stand united on Viksit Bharat, national security beyond politics: President Murmu to MPs

President Droupadi Murmu urged Parliamentarians to unite on national interests like Viksit Bharat, security, and unity, emphasizing these transcend political differences. She highlighted the continuous journey towards a developed India by 2047, acknowledging the impact of government schemes and the nation's growing self-reliance, particularly in defence.

28 Jan 2026 11:49 pm
Rob Schneider and wife Patricia split after 15 years divorce filing confirms marriage is over, couple share 2 kids

Rob Schneiders wife of 15 years, Patricia Schneider, has filed for divorce, officially concluding their long-standing marriage. The filing initiates in motion a confidential legal procedure which includes parental obligations and a sealed consent decree covering custody, finances, and property matters. The duo share two daughters, while Schneider is also father to singer Elle King from a previous marriage.

28 Jan 2026 11:45 pm
Wife Sunetra, and Son Parth in focus as NCP faces post-Ajit power shift

With the unfortunate passing of Ajit Pawar, the Nationalist Congress Party is at a crossroads. His widow, Sunetra Pawar, emerges as a strong contender for leadership. Meanwhile, the party grapples with ongoing merger discussions with the Sharad Pawar faction, as recent electoral setbacks underscore a pressing need for strategic recalibration.

28 Jan 2026 11:45 pm
Ajit Pawar: The Dada who built power, defied conventions, and left a lasting political legacy

Ajit Pawar, a dynamic force in Maharashtra politics, left an indelible mark as the deputy chief minister. He adeptly intertwined the economic landscape of Baramati with the NCP, fortifying the Pawar legacy. Known for his bold demeanor and quick temper, his clashes with party elders were frequent, as he ambitiously strove for leadership.

28 Jan 2026 11:41 pm
Who is Colleen Aubrey and what is Project Dawn? Here's how Amazon supports affected employees and which teams and businesses are impacted by project

Who is Colleen Aubrey and what is Project Dawn? Amazon announced a second wave of 16,000 corporate job cuts. The layoffs, linked to Project Dawn, involve AWS, retail, and corporate teams. Employees will get internal reapplication opportunities, severance, and benefits. The cuts reflect efficiency and AI-driven restructuring.

28 Jan 2026 11:40 pm
Who is Todd Monken? Meet the man taking over as Cleveland Browns head coach

Todd Monken: The Cleveland Browns have hired Todd Monken as their new head coach, bringing in the former Ravens offensive coordinator for his first NFL head coaching role. Monken previously served as the Browns' offensive coordinator in 2019 and is known for his successful offenses, including back-to-back national championships with Georgia and leading Baltimore's top-ranked unit.

28 Jan 2026 11:38 pm
Word of the day: Verisimilitude

Writers and filmmakers use verisimilitude to make stories feel real. Details like names, places, dialogue, and small actions help readers connect with the story. Even fantasy or imaginative works can include it. Realistic elements make characters, settings, and events believable. Verisimilitude helps readers feel involved and trust the story, making it more interesting and lifelike.

28 Jan 2026 11:35 pm
JSW Energy to set up its first nuclear power plant by 2030

JSW Energy is set to build its first nuclear power plant by 2030. The company is exploring different reactor technologies, including large and small modular options. A pilot plant will be constructed first to understand operations. Site selection is also in progress. JSW Energy aims for timely execution and cost control in this significant venture.

28 Jan 2026 11:35 pm
iQOO 15R India launch teased, Android 17 leaks highlight translucent menus, app lock, and split Quick Settings

iQOO is set to launch its 15R smartphone in India by the fourth week of February, featuring Qualcomm's Snapdragon 8 Gen 5 chipset and a 1.5K AMOLED display with a 144Hz refresh rate. The device will compete in the under Rs. 55,000 segment, boasting a 7,600mAh battery with 100W fast charging and up to 1TB storage.

28 Jan 2026 11:32 pm
February Full Moon 2026: Snow moon date, time & visibility details

February brings the Snow Moon on Sunday, February 1. This celestial event reaches peak illumination in the afternoon. Later in the month, on February 28, a planetary parade will feature Mercury, Venus, Neptune, Saturn, Uranus, and Jupiter. Visibility in Tennessee may be limited due to cloudy skies. Other names for this moon include Bald Eagle Moon and Bear Moon.

28 Jan 2026 11:29 pm
Canada offers reliable energy supply to India amid global shake-up

Canada is positioning itself as a dependable energy partner for India. Canadian energy minister Tim Hodgson stated Canada can supply crude oil, LNG, and LPG at competitive prices. This move aims to diversify Canada's energy exports beyond the United States. Canada sees energy as a key to doubling trade with India by 2030.

28 Jan 2026 11:27 pm