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The Economic Times

Economy / The Economic Times

Teach judgement, not just AI: CEA

Artificial intelligence could pose a fundamental challenge to management education over the next two to three decades by automating the entry-level work through which young professionals traditionally develop experience and judgement, Chief Economic Adviser V Anantha Nageswaran said on Thursday.Addressing the 16th Indian Management Conclave (IMC 2026) in Noida, Nageswaran said business schools would need to rethink their approach to AI rather than simply adding technology-focused courses to exis

18 Sep 2026 11:38 am
L&Ts chip arm unveils 40 products, debuts first silicon carbide chip for EVs and power systems at SEMICON India 2026

LTSCT unveiled 40 products at SEMICON India 2026, showcasing its new silicon carbide platform for the first time. The company also presented its first fully designed-in-India BLDC motor controller. These innovations span secure identity, surveillance, and power electronics applications. The new products aim to support India's growing semiconductor ecosystem and technological sovereignty.

18 Sep 2026 11:21 am
FM Sitharaman asks banks to step up financial literacy efforts for MUDRA beneficiaries

Union Finance Minister Nirmala Sitharaman on Thursday asked banks providing loans under the PM MUDRA Yojana to step up financial literacy efforts across states to help small entrepreneurs expand their businesses and bring more people under the scheme.

18 Sep 2026 11:10 am
Indias semiconductor journey pretty strong, Semicon 2.0 offers policy continuity: Tata Electronics CEO

India's semiconductor journey appears strong with government policy continuity and significant investments. Tata Electronics is building a fabrication plant in Dholera and an assembly facility in Assam. These projects involve a combined investment of fourteen billion dollars for global industries. The company is securing numerous suppliers and partners to build a domestic ecosystem. These initiatives aim to establish India's semiconductor manufacturing capabilities at a grassroots level.

18 Sep 2026 11:06 am
Rs 40 lakh home loan: The EMI looks cheaper at 30 years, but theres a costly catch, warns CA

CA Nitin Kaushik explained how home loan tenure can dramatically affect total interest. On a Rs 40 lakh loan at 9%, a 10-year tenure means an EMI of Rs 50,668 and Rs 20.8 lakh interest, while 30 years lowers the EMI to Rs 32,182 but raises interest to Rs 75.86 lakh. Longer tenure offers cash-flow flexibility, while early prepayment can reduce costs.

18 Sep 2026 10:54 am
Daayra Twitter review: 6 tweets you must read before watching Prithviraj Sukumar, Kareena Kapoor's cop thriller

Daayra, starring Prithviraj Sukumaran and Kareena Kapoor Khan, has been released today. The film explores justice and police action, sparking varied audience responses online. Viewers have praised the lead actors' performances and Meghna Gulzar's direction. However, a few felt the movie did not delve deeply enough into its themes. Read on!

18 Sep 2026 10:50 am
WATCH: iPhone 18 Pro fever grips India amid 5 am queues, first buys and a 10-hour wait

Apple's iPhone 18 Pro and Pro Max officially went on sale across India on Friday. Eager customers lined up at Apple Stores in Noida, Bengaluru, and Maharashtra for the latest devices. Some buyers arrived early, with one customer waiting since 5 AM to purchase the new phone.

18 Sep 2026 10:27 am
Myntra launches Italian fashion brand Sisley in India

Myntra has launched Italian fashion brand Sisley, part of the Benetton Group, in India. Sisley, which operates in over 40 countries with more than 400 points of sale, will offer its latest collection on Myntra. The launch comes amid growing demand for premium international fashion brands among Indian consumers.

18 Sep 2026 10:25 am
India must move beyond semiconductor engineering to own products, capture innovation value: Infosys' Vikram Meghal

India should focus on owning entire products and capturing innovation value. The nation has a unique demand window for global product development. Opportunities exist in domestic market products and global engineering services. Medical device consumption and product development spending are projected to rise significantly. Strategic patience and long-term investments will drive higher value capture for India.

18 Sep 2026 10:20 am
He spent one month doing absolutely 'nothing'. Indian entrepreneur recalls the Bali routine that didnt feel like a vacation

Indian entrepreneur Saran Shanmugam recalled spending two months in Bali, with the second month devoted entirely to a slow beachside routine. His days featured morning beach walks, yoga, healthy meals, massages, scooter rides, gym sessions, drinks, dinner and late-night gelato. Repeating the same schedule daily, he said the experience felt less like a vacation and more like life being paused.

18 Sep 2026 10:18 am
CBDT removes arrest and imprisonment as prescribed route for tax recovery

CBDT has amended Rule 225 to remove arrest and imprisonment as a prescribed route for recovering tax dues. Authorities can still attach and sell movable or immovable property and appoint receivers. The amendment does not remove any separate arrest powers that may exist elsewhere under the Income-tax Act.

18 Sep 2026 10:07 am
India, Bhutan sign Rs 4,000 crore Line of Credit for energy projects during Jaishankar visit

India and Bhutan welcomed the signing of an agreement on a concessional Line of Credit of INR 4,000 crore for energy projects in Bhutan during External Affairs Minister S Jaishankar's official visit to the country, according to a joint press release issued by the Ministry of External Affairs (MEA).

18 Sep 2026 10:06 am
Asian Games 2026: Check dates, live streaming, TV telecast in India and other key details

Asian Games 2026 live streaming: India aims to surpass its previous medal record at the upcoming Asian Games. The continental sporting event begins on September 19 in Aichi-Nagoya, Japan. Defending champions in cricket, kabaddi, and men's hockey will represent India. Several prominent athletes will compete across various disciplines for medal contention. Olympic qualification spots are also available in several sports during the Games.

18 Sep 2026 9:59 am
Deeper than the Mariana Trench, near its border with Norway, the Soviet Union spent 20 years drilling 7.6 miles into Earth; in 1992, the deepest borehole on Earth was abandoned in a region industrialization had turned into one of the most poisoned spots on Earth

The Kola Superdeep Borehole, a groundbreaking feat by Soviet engineers, extends over twelve kilometers into the Earth. This ambitious endeavor aimed to explore the Earth's crust and its connection to the mantle. However, the unexpectedly high temperatures led to flowing rock, which complicated the drilling process and transformed geological theories.

18 Sep 2026 9:57 am
Psychology explains why some women stick to one perfume for years - How a 'signature scent' becomes part of identity and memory

A signature fragrance often evolves into a key aspect of one's identity. Over time, this scent transforms into a personal brand, woven deeply into our memories and emotions. With the power to evoke strong feelings and recall past experiences, a beloved scent is much more than a simple fragrance; it encapsulates moments and memories throughout ones life.

18 Sep 2026 9:53 am
R K Puram viral video shows car dragging bike for several metres on New Delhi roads, police respond

A viral video showing a blue sedan dragging a motorcycle with sparks flying in Delhis RK Puram area has prompted police action. The incident occurred on Africa Avenue Road on September 17 when the car hit a parked motorcycle. Police said the rider was not dragged and suffered no serious injuries. An FIR was registered, while the car was seized and its driver apprehended.

18 Sep 2026 9:50 am
YouTube Income: India's creator economy needs to be more serious after new monetisation criteria

YouTubes new Partner Programme eligibility norms are set to reshape Indias creator economy, raising the bar for monetisation and rewarding serious creators. The shift could boost original and long-form content, deepen audience engagement, professionalise creator careers and push brands towards niche influencers. With non-YPP income already dominating creator earnings, brand deals could become increasingly crucial.

18 Sep 2026 9:49 am
Garena Free Fire MAX Redeem codes today, September 18, 2026: Check full list of codes, free rewards and how to redeem

On September 18, 2026, players of Garena Free Fire MAX in India can take advantage of new redeem codes that promise exciting rewards such as diamonds and exclusive weapon skins. Players should head to the Garena Rewards Redemption website to claim their prizes, ensuring they enter the codes accurately to prevent any issues. Remember, these codes have a limited stock, so don't delay your redemption.

18 Sep 2026 9:45 am
Maharashtra FDA seizes food items worth lakhs in statewide crackdown on gutkha, milk products, sweets

Maharashtra FDA conducted statewide action seizing banned gutkha and pan masala. Milk and milk products worth over seven lakh rupees were also confiscated. Other food items including supari and namkeen were seized across various divisions. Several establishments faced license suspensions and improvement notices for hygiene lapses. The enforcement drive targeted food safety and proper storage regulations statewide.

18 Sep 2026 9:39 am
Indias 2038 Asian Games bid faces five rivals, host decision not before 2028

India's 2038 Asian Games hosting bid decision will not be known before 2028. Five other countries have also expressed interest in hosting the 2038 edition. The Olympic Council of Asia will form a committee to evaluate all bidding nations next year. Doha will host the 2030 Asian Games and Riyadh will stage the 2034 edition. South Korea and Mongolia have also shown interest in the 2038 games.

18 Sep 2026 9:25 am
ICC eyes China in bid to expand cricket

The International Cricket Council is targeting China for significant fan growth. China's large population offers a huge potential audience for the sport. The progress of their women's team has boosted cricket's presence there. Indonesia is also identified as a market with considerable growth potential. These new markets could power cricket's next major expansion.

18 Sep 2026 9:25 am
QDENGA dengue vaccine to hit India market in 2027; Dr Reddys to sell it

India's first approved dengue vaccine, QDENGA, will launch in the private market by mid-2027. Dr Reddy's Laboratories will distribute and promote the vaccine for individuals aged four to sixty. Takeda will retain rights for public market distribution as a future objective. QDENGA is a two-dose vaccine designed to protect against all four dengue virus serotypes. Dengue cases have significantly increased in India over the past two decades.

18 Sep 2026 9:18 am
Moodys raises India FY27 growth forecast to 7% from 6%, breaks above IMF, S&P projections

Moody's has increased India's economic growth forecast for 2026-27 to seven percent. This projection now exceeds estimates from the IMF and S&P Global. Strong domestic economic activity and resilient corporate balance sheets support this upward revision. India's real GDP grew robustly in the preceding years, showing sustained momentum. The agency expects India's growth to continue its upward trajectory.

18 Sep 2026 9:00 am
West Bengal needs 7.25% annual growth to achieve 5X economy by 2047: ORF report

A report details West Bengal's path to a fivefold economy by 2047. It identifies growth gaps and proposes six pillars for development. The state budget aligns with productivity and capital formation goals. Investment incentives and single window clearance aim to boost realization. Infrastructure and federal alignment are key steps for future growth.

18 Sep 2026 8:56 am
Apple iPhone 18 Pro, AirPods 5, Apple Watch Series 12 sales start in India: Check prices, features and availability

Apple's 2026 fall lineup is now available for purchase across India. The iPhone 18 Pro and Pro Max models feature the A20 Pro chip and advanced cameras. Apple also introduced its first foldable iPhone, the iPhone Duo, with dual displays. New AirPods 5 and Apple Watch Series 12 and Ultra 4 complete the product releases. Customers queued at stores to acquire the latest Apple devices on launch day.

18 Sep 2026 8:54 am
The big winners from India's coffee craze may not sell coffee at all

Indias coffee culture is expanding beyond cafes and coffee chains, creating opportunities across beauty, homeware, luxury hospitality, whisky and experiential retail. Brands such as mCaffeine, Westsides Studiowest, Nestasia, Tira, Amrut Distilleries and Taj Palace are tapping coffees lifestyle appeal through skincare, fragrances, tableware, coffee-cask whisky, cafes and premium experiences, as consumers increasingly embrace coffee as a cultural and lifestyle trend.

18 Sep 2026 8:53 am
Millie Bobby Brown, Jake Bongiovi become proud parents to baby boy. Stranger Things actress shares first cute family photo

Millie Bobby Brown and Jake Bongiovi have welcomed their second child, a baby boy, through adoption. The couple shared the happy news in a heartfelt Instagram post. The actress has previously spoken about her long-standing wish to adopt. With the arrival of their son, the couple is now a family of four.

18 Sep 2026 8:46 am
Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in India

Nabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push for artificial intelligence and cloud computing capacity. The lender anticipates continued strong demand from hyperscalers and cloud service providers. Nabfid plans to raise approximately Rs 1 trillion to fund these large projects. This financing aligns with India's broader infrastructure investment in the digital economy.

18 Sep 2026 8:35 am
Dont let the Indian summer kill your garden: 7 heat-tolerant plants that can take the heat

Indian summers can be tough on home gardens, but choosing heat-tolerant plants can help keep outdoor spaces green and colourful. Bougainvillea, portulaca, hibiscus, aloe vera, lantana, periwinkle and plumeria can handle warm conditions with appropriate care. Providing suitable sunlight, well-draining soil, timely watering, mulch and temporary shade during extreme heat can help these plants stay healthy through summer.

18 Sep 2026 8:18 am
Narnia: The Magician's Nephew OTT release announced: When and where to watch Greta Gerwig's film starring Meryl Streep, David McKenna in India after its theatrical run

Greta Gerwig takes the director's helm for adaptation of Narnia: The Magician's Nephew. This much-awaited film delves into the origins and creation of the magical realm. Moviegoers can catch it in theaters starting February 12, 2027, before it premieres on OTT. Read on to know when and where to watch it online.

18 Sep 2026 8:16 am
My parents have basically become...: Ankur Warikoo shares an emotional lesson after Japan trip with his ageing parents

Ankur Warikoo reflected on how his relationship with his ageing parents has changed during their annual vacations together. After travelling to Japan with his 74-year-old father and 72-year-old mother, he realised he now guides them in everyday situations, much like they once guided him. His emotional post described this role reversal as a strange yet wonderful circle of life and a blessing.

18 Sep 2026 8:05 am
PNS Hunain severely damaged after collision with INS Kolkata 3 times its size

Pakistan Navys PNS Hunain sustained severe damage after colliding with the Indian Navys INS Kolkata in the North Arabian Sea, with the Pakistani vessel returning to harbour for repairs. The two sides have offered conflicting accounts of the incident. Indian sources highlighted the vessels considerable size difference, noting that INS Kolkata weighs nearly three times as much as PNS Hunain.

18 Sep 2026 7:53 am
Salary jumped from Rs 25,000 to Rs 1.2 lakh, but financial stress didnt. Bengaluru CA explains what went wrong

A Reddit user earning Rs 1.2 lakh monthly at 28 said they still feel financially stressed despite their salary rising from Rs 25,000 in 2021. Rent, family support, SIPs and everyday expenses leave only Rs 5,000 to Rs 8,000 by month-end. Reacting to the post, a Bengaluru CA explained that lifestyle inflation can rise alongside income, limiting financial breathing room despite substantial salary growth.

18 Sep 2026 7:50 am
At least 48 dead in Nigeria after consuming drink suspected to contain methanol, authorities say

At least 48people have died in southern Nigeria after consuming a local alcoholic drink. Around one hundred others are receiving medical treatment for suspected methanol poisoning. Officials reported the incident occurred in Odigbo and Irele local government areas. Police have arrested fifteen individuals in connection with the deadly concoction. Investigations are ongoing into the production of the unsafe drink.

18 Sep 2026 7:46 am
Trump may not see another rate cut as president

The Federal Reserve has made headlines by increasing its policy rate target range, amid calls from President Trump for lower interest rates within the country. Market analysts are now predicting further increases in the coming months, influenced by ongoing geopolitical issues and inflation worries. Such dynamics hint that interest rates might remain high for the foreseeable future.

18 Sep 2026 7:39 am
What will Trump and Xi discuss in Washington next week?

US President Donald Trump will host Chinese President Xi Jinping on September 24 for their second meeting this year, with trade, Taiwan, Iran, artificial intelligence and fentanyl flows among key issues. Washington is seeking trade wins, while Beijing wants further tariff relief and concessions as tensions between the two powers persist.

18 Sep 2026 7:39 am
What to watch on Netflix this weekend: Irumudi and Lust Stories 3, new movies and shows to stream on OTT

Netflix has several new movies and shows lined up this weekend. Best of the Best follows two friends whose bond is tested during a dance competition, while Lust Stories 3 explores modern relationships through four different stories. Period romance The Scandal and military drama Minerva Academy are also part of the lineup. There are also new stories about a missing daughter and the challenges of an arranged marriage.

18 Sep 2026 7:34 am
9 PSU banks including Canara Bank, Indian Bank to merge with SBI, PNB, Bank of Baroda? PIB debunks fake Gazette

A social media post claiming that the Centre has ordered the consolidation of nine public sector banks into three entities has been debunked by PIB Fact Check. The fabricated notification falsely presented the proposed mergers as a Finance Ministry Gazette order. The claim comes months after another fake PSU bank merger graphic circulated online, while Indias actual 2019 consolidation involved 10 banks.

18 Sep 2026 7:24 am
El Nio puts India on track for its driest monsoon since 2009

India is set to face its driest monsoon in 17 years as El Nio curtails rainfall. This deficit threatens crop yields and increases food price risks across the nation. Forecasters predict a significant rainfall shortfall for the current monsoon season. The government is taking measures to manage rising food costs and ensure supplies. Farmers depend on these rains for irrigation and their livelihoods.

18 Sep 2026 7:14 am
Disney names insider Adam Smith as chairman of streaming business

Disney has named insider Adam Smith chairman of its streaming business as the entertainment giant sharpens its focus on Disney+ and Hulu. Smith will oversee strategy and development for its global streaming, advertising technology and emerging technologies.

18 Sep 2026 6:54 am
US F-16 fighter jet crashes in Michigan, hazardous chemical spill triggers evacuation

An F-16 fighter jet crashed in rural Michigan on Thursday after its pilot safely ejected, according to military and local officials. The pilot was taken to a hospital and was conscious and speaking with law enforcement. Nearby residents were temporarily evacuated after authorities reported a hazardous chemical spill from the wreckage.

18 Sep 2026 6:48 am
US expected to delay excess capacity tariffs until after Xi summit: Report

The United States is expected to postpone announcing new tariffs targeting what it considers excess manufacturing capacity among trading partners until after next weeks planned summit between Chinese President Xi Jinping and US President Donald Trump, Bloomberg News reported, citing people familiar with the matter.

18 Sep 2026 6:40 am