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The Economic Times

Economy / The Economic Times

Lamborghini left in slow lane as India-EU FTA backs only petrol power

Lamborghini will not gain from the India-EU free trade pact as it excludes plug-in hybrid cars. The luxury carmaker anticipates steady growth in India. This is due to rising demand and a changing generation of buyers. Lamborghini plans cautious expansion to increase its presence in the Indian market.

19 Mar 2026 1:25 pm
Indian exporters facing shipment delays amid West Asia crisis; govt sets up inter-ministerial group

Indian exporters are grappling with significant shipment delays. The ongoing West Asia conflict is disrupting trade routes, impacting the movement of goods and increasing logistics costs. The Indian government has formed an inter-ministerial group to address these challenges. Measures are being implemented to support affected exporters and manage returning cargo. This situation affects key sectors and is being closely monitored.

19 Mar 2026 1:15 pm
Quote of the day by Neil Armstrong: 'It suddenly struck me that that tiny pea, pretty and blue, was the Earth' - A humbling lesson about humanity's place in this universe by the first man on the moon

As the first human on the Moon, Neil Armstrong famously reflected on the Earths fragility, calling it a tiny pea, pretty and blue. This observation captured how small and precious our planet appears from space, offering a profound perspective on humanitys place in the universe. Armstrongs words remind us of the unique value of Earth and the deeper insights that come from exploration, leaving a lasting legacy of reflection, humility, and wonder.

19 Mar 2026 1:05 pm
India solar capacity to quadruple, wind to triple over decade: Power ministry adviser

India is set for a massive renewable energy boost. Solar power capacity is expected to quadruple, and wind energy capacity to triple over the next decade. This will significantly reduce the nation's reliance on coal for electricity. Non-fossil fuel capacity will reach 786 gigawatts by 2035-36. Solar energy will form the largest part of this clean power mix.

19 Mar 2026 1:04 pm
Iran says 'Israel First Tax' to hit US economy; Pentagon's $200b is the 'tip of the iceberg'

Iran's Foreign Minister Seyed Abbas Araghchi stated that the United States economy faces an 'Israel First Tax'. He cited the Pentagon's $200 billion budget request for the ongoing Middle East conflict as just the beginning. Araghchi suggested ordinary Americans can attribute this impending financial burden to Benjamin Netanyahu and his allies in Congress.

19 Mar 2026 1:03 pm
Air India special flight from Ireland lands in Delhi

Air India's stranded passengers and crew from Shannon, Ireland, have finally landed in Delhi. The flight, diverted due to a technical snag, saw over 220 individuals receive 20,000 each as a gesture of goodwill. A replacement Boeing 787 aircraft facilitated their journey back to the national capital after the initial A350 was grounded.

19 Mar 2026 1:01 pm
'Put down books, fall in love': Chinese university urges students to romance during spring holiday amid birth rate crisis

A Sichuan aviation college urges students to see the flowers and enjoy romance during April 1-6 spring break, aligning with China's push for new school holidays, travel, and leisure to counter declining births and spur consumption. The move follows record-low 2025 birth rates and NDRC guidelines for child-friendly cities.

19 Mar 2026 12:53 pm
India needs $2.2 trillion power sector investment over 20 years: Power Secretary Pankaj Agrawal

India needs a massive USD 2.2 trillion investment in its power sector over the next twenty years. This funding is crucial for the nation's energy transition and to meet growing electricity demand. Power Secretary Pankaj Agrawal highlighted this at the Bharat Electricity Summit 2026. The focus is on a financially viable power sector to support economic growth and digital transformation.

19 Mar 2026 12:50 pm
Thailand re-elects Anutin Charnvirakul as Prime Minister in parliamentary vote

Anutin Charnvirakul has been elected Thailand's prime minister by the new parliament. His party secured a significant victory in the recent elections. The government faces challenges including economic slowdown and border tensions with Cambodia. Anutin previously championed cannabis decriminalization. The new administration will navigate global economic turmoil and domestic issues.

19 Mar 2026 12:45 pm
Madhavan makes urgent appeal for Dubai taxi drivers, urges UAE residents and tourists to help out amid Iran-US war

Actor R. Madhavan has urged UAE residents to support taxi drivers struggling with low earnings amid the ongoing Middle East conflict. Sharing an Instagram Story, he highlighted that even small tips through Careem can make a big difference, as the platform currently matches tips to double the benefit for drivers. The appeal comes as Dubais tourism sector faces a sharp slowdown, with empty beaches, quiet attractions, and falling hotel occupancy affecting workers who rely on daily income.

19 Mar 2026 12:41 pm
Homeland group acquires two land parcels in Mohali for over Rs 1,000 crore

Homeland Group has secured two significant land parcels in Mohali for over Rs 1,000 crore. These prime locations will be developed into large mixed land-use projects featuring residential apartments and commercial spaces. The developments, undertaken in collaboration with VRC, are expected to be among the largest in Mohali.

19 Mar 2026 12:41 pm
Passive income is not just dividends or rent from flat. Bengaluru CA finds a new way while simultaneously enjoying her work

Success today hinges on perception and trust, not just ownership. Chartered Accountant Meenal Goel highlights how personal branding builds long-term opportunities. Consistent online presence and content creation, like Goel's, foster visibility. This visibility acts like digital equity, compounding over time. It creates credibility and opens doors for new ventures and influence, redefining passive income.

19 Mar 2026 12:40 pm
Free trade between India and Russia is being worked upon, official says

India and Russia are boosting economic and financial ties. Sergey Glazyev highlighted the importance of this partnership. They are working on free trade and common financial markets. Initiatives like BRICScoin aim to reduce currency capital issues. This collaboration seeks to counter US dominance in global capital markets.

19 Mar 2026 12:40 pm
Donald Trump losing the 'Epic' Iran war? How Tehran is quietly flipping the battlefield narrative against the mighty US and Israel

Who is winning US-Iran war? US and Israeli strikes have inflicted significant damage on Iran, eliminating top leaders and military assets. However, Iran's strategy of disrupting global oil markets and leveraging geography and time poses a long-term challenge. Despite early military gains, the war's ultimate outcome remains uncertain, with potential for prolonged instability and shifting narratives.

19 Mar 2026 12:40 pm
Quote of the day by Ethan Hawke: 'The one who is in love always wins. It doesn't matter if you get your heart broken.' Five-time Oscar-nominated actor on unrequited love

At the 98th Academy Awards, Ethan Hawke shared a beautiful yet meaningful perspective on unrequited love, comparing the act of loving to the sun's unwavering shine. He suggested that the value of love lies in the sincerity of giving, not necessarily in its reciprocation, emphasising that to love is to be alive and experience life fully. Read on!

19 Mar 2026 12:35 pm
Tamil Nadu surpasses Gujarat, Maharashtra to become India's top textile exporter

Tamil Nadu has become India's top state for textile exports. Shipments reached USD 7,997.17 million in fiscal year 2024-25. This marks a significant 29.12 percent increase over the past four years. Gujarat and Maharashtra follow Tamil Nadu in textile export value. The state's success is attributed to planned government actions and multifaceted growth initiatives.

19 Mar 2026 12:30 pm
GATE Result 2026 Website: Official site vs fake links, dont check your scorecard before reading this

GATE official website: Candidates awaiting the GATE Result 2026 are urged to access their scores exclusively through the official GOAPS portal and the gate2026.iitg.ac.in website. Unofficial platforms should be avoided to prevent data security risks and misinformation. The result, expected soon, will be available for download on the official portal.

19 Mar 2026 12:29 pm
Assam Assembly Elections 2026: Pradyut Bordolois BJP switch ripples through family as son Prateek Bordoloi quits Margherita race on Congress ticket

Prateek Bordoloi has withdrawn his candidacy for the Margherita Assembly seat. He was set to contest on a Congress ticket. His decision follows his father, Pradyut Bordoloi, joining the Bharatiya Janata Party. Prateek stated it would be inappropriate to continue as a Congress candidate. He affirmed his commitment to the party in other roles.

19 Mar 2026 12:28 pm
Have asked K Sudhakaran to accept Congress decision to ensure LDF defeat: A K Antony

Congress leader A K Antony has asked K Sudhakaran to follow the party's directive. This is to ensure the defeat of the CPI(M)-led LDF in the upcoming Kerala assembly polls. Sudhakaran had reportedly expressed discontent over not being considered for the Kannur constituency. Antony emphasized the need to prevent the LDF from securing a third term.

19 Mar 2026 12:26 pm
Atanu Chakraborty calls resignation from HDFC Bank 'routine'

Atanu Chakraborty, former Non-Executive Chairman of HDFC Bank, called his resignation a routine matter. The Reserve Bank of India has reassured stakeholders. The central bank stated that HDFC Bank remains financially sound and well-governed. It confirmed the bank has sound financials, a professional board, and competent management. The RBI noted no material concerns regarding conduct or governance.

19 Mar 2026 12:20 pm
Quote of the day by Hollywood icon Marilyn Monroe: A wise girl knows her limits, a smart girl knows that she has none. I am good, but not an angel.'

Marilyn Monroe remains an iconic figure. Her films earned millions, a sum that would be billions today. Monroe influenced perceptions of stardom, femininity, and vulnerability. Her famous quote highlights wisdom in knowing limits and smartness in transcending them. She was a rebel against patriarchal norms, unapologetically herself. Her life story is one of resilience and impact.

19 Mar 2026 12:10 pm
ArcelorMittal Nippon Steel India to start work on Rs 70,000 cr Andhra steel plant next week

ArcelorMittal Nippon Steel India is launching its largest greenfield steel project in Andhra Pradesh, investing Rs 70,000 crore in the first phase. The integrated steel plant near Visakhapatnam will have an 8.2 million tonnes per annum capacity, with initial operations expected by late 2028 or early 2029.

19 Mar 2026 12:08 pm
NDR InvIT acquires fully leased 0.7 million sq ft Pune warehousing asset

NDR InvIT Trust has acquired a large operational warehousing asset near Pune. This move strengthens its portfolio of income-generating properties. The asset is fully occupied with long-term leases. This acquisition highlights growing investor interest in the warehousing sector. It also signifies the expansion of NDR InvIT's presence in key logistics markets across India.

19 Mar 2026 12:07 pm
Powerful solar storm to light up Canada skies as Rare aurora borealis display expected nationwide, everything you need to know about the location, timing and best viewing conditions

Canada is set for a spectacular light show this week. A powerful solar storm is predicted to bring the aurora borealis to many parts of the country. The northern lights may be visible further south than usual. Clear skies will enhance viewing opportunities. The best time to see the display is late evening to early morning.

19 Mar 2026 12:05 pm
NSA Doval, Sergio Gor discuss geopolitical issues in extremely fruitful meeting

United States Ambassador Sergio Gor held a productive meeting with National Security Advisor Ajit Doval. They discussed security and geopolitical matters. Meanwhile, Iran's resilience in conflicts is highlighted. The country has reportedly prepared for prolonged engagements. This comes after the reported deaths of several high-ranking Iranian officials in recent Israeli attacks.

19 Mar 2026 12:03 pm
AP Job Calendar 2026 released: Check vacancies, recruitment schedule, steps to download and other key details

Andhra Pradesh government has unveiled a 2026 Job Calendar, planning to fill 10,060 vacancies across departments. The recruitment drive, starting May 15, 2026, includes Group-1, Group-2, Police, and Mega DSC teacher posts. Aspirants can register on the 'Naipunyam' portal for timely updates.

19 Mar 2026 12:03 pm
Kerala 2026 Assembly elections: Pinarayi Vijayan files Dharmadom nomination, eyes seventh Assembly term

Kerala Chief Minister Pinarayi Vijayan has filed his nomination papers for the Dharmadom Assembly constituency. This marks his seventh Assembly election contest and third from Dharmadom. Vijayan, accompanied by party leaders, submitted his papers at the Thalassery Sub Registrar Office. The UDF has fielded V P Abdul Rasheed, and the BJP has named K Ranjith.

19 Mar 2026 12:01 pm
Allu Arjun's review of Dhurandhar 2 hyper-motivates Madhavan on release day. Why does it matter so much to 3 Idiots actor?

Dhurandhar: The Revenge is a box office hit. Allu Arjun shared his positive review, calling it a high-energy patriotic entertainer. R. Madhavan expressed his gratitude for Arjun's appreciation. The film has opened strongly, earning significant revenue. Read on to know more about it.

19 Mar 2026 12:01 pm
Badshah's Tateeree controversy deepens: Rapper summoned by NCW over vulgarity allegations

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19 Mar 2026 11:57 am
Amid LPG crisis, how Irans missile attack on Qatars Ras Laffan global LNG hub may hit your PNG supply to homes and industry

Iran's missile strike on Qatar's Ras Laffan gas plant has alarmed India, which imports 40% of its LNG from the nation. The attack, causing significant damage, threatens global energy security and India's domestic supply, impacting its fertilizer industry and agricultural costs. Former US President Donald Trump warned of a severe US military response to further Iranian aggression.

19 Mar 2026 11:54 am
Watch viral video: India sends more warships to Strait of Hormuz to ensure safe passage of ships amid IranIsrael tensions

India has deployed over half a dozen warships to the Gulf of Oman and Arabian Sea to safeguard its commercial vessels amid ongoing disruptions in the Strait of Hormuz. These ships will escort Indian vessels exiting the strait, focusing on protecting national interests and ensuring the safe transit of fuel shipments.

19 Mar 2026 11:42 am
Israel-Iran war: Saudi Arabia's Red Sea port Yanbu targeted in aerial attack

An aerial attack targeted Saudi Arabia's Red Sea port of Yanbu on Wednesday. This port is the sole export outlet for the nation's crude oil. An industry source confirmed the strike. The impact of the attack was minimal. Details on the specific part of the port facility that was targeted remain unclear.

19 Mar 2026 11:41 am
Qatar's Ras Laffan, Iran's South Pars, and other Gulf energy hubs hit as West Asia conflict takes economic turn

Iran War News: A war between US-Israel and Iran is shifting focus to energy infrastructure in West Asia. Attacks on gas fields and refineries are causing global oil prices to rise. Iran retaliated against Qatar after an Israeli strike on its South Pars gas field.

19 Mar 2026 11:40 am
India appoints Vikram K. Doraiswami as Ambassador to China

India has appointed Vikram K. Doraiswami as its new Ambassador to China. Doraiswami brings significant diplomatic experience to the role. He previously served in Beijing and has held key positions in various international missions. His expertise includes working in the Prime Minister's Office and heading important divisions at the Ministry of External Affairs.

19 Mar 2026 11:37 am
No material concerns at HDFC Bank, says RBI after Chakraborty's resignation

The Reserve Bank of India has voiced confidence in HDFC Bank's operations and oversight. This comes after the resignation of its part-time chairman, Atanu Chakraborty, who cited personal values. The RBI stated there are no material concerns regarding the bank's conduct or governance. HDFC Bank remains well-capitalised with strong financials and a competent management team.

19 Mar 2026 11:36 am
French major Thomson eyes aggressive India expansion; to tap refrigerator market after AC

Thomson, a French electronics brand, is set to become more aggressive in India's appliance market. Following its success in LED TVs, the company is entering the refrigerator segment. Thomson sees significant growth potential in India due to low appliance penetration. The brand aims to replicate its European success in the Indian market.

19 Mar 2026 11:30 am
Bade Sahab in Dhurandhar 2 Revealed: Who is Danish Iqbal, whose character was inspired by Dawood Ibrahim in Aditya Dhar's spy thriller?

Bade Sahab in Dhurandhar 2: Danish Iqbal, who gained wider recognition for playing Dilshad Mirza in Maharani Season 2, played the role of Bade Sahab in Aditya Dhar's Dhurandhar 2: The Revenge. He has also appeared in projects like Sankalp, associated with Nana Patekar. Danish Iqbal is also an award-winning director and trainer, mentoring many aspiring actors alongside his acting career.

19 Mar 2026 11:23 am
Eid-ul-Fitr 2026: When will Eid be celebrated in India, March 20 or 21? Moon sighting, date and celebration details explained

Eid al-Fitr, marking the end of Ramadan, is celebrated globally by Muslims. In India, Eid-ul-Fitr 2026 is anticipated for March 20 or 21, contingent on the crescent moon sighting. Celebrations, known as Meethi Eid, span three days with prayers, gatherings, and the exchange of greetings and sweets.

19 Mar 2026 11:20 am
BJP marginal player in Kerala, can at best ' break the duck' in polls: Tharoor

Senior Congress leader Shashi Tharoor states the BJP is a marginal player in Kerala polls. He believes the contest is between the LDF and UDF. The BJP is unlikely to be a kingmaker. Tharoor notes the BJP's vote share has increased but winning seats requires a higher percentage. The upcoming assembly elections will be held on April 9.

19 Mar 2026 11:20 am
RBI sees no governance concerns at HDFC Bank after Atanu Chakraborty's exit, approves interim transition

The Reserve Bank of India has approved a transition plan for HDFC Bank's part-time chairman. The central bank stated there are no major concerns regarding the bank's governance or conduct. HDFC Bank is described as a strong, well-capitalized institution with a capable board and management. The RBI will continue discussions with the bank's leadership on future steps.

19 Mar 2026 11:06 am
China set to keep rates steady as Mideast war clouds inflation outlook

China is poised to hold its key lending rates unchanged for the tenth month. This decision comes as global oil prices surge due to Middle East tensions, creating economic uncertainty. Analysts suggest this stability reflects China's economic targets and recent performance. The People's Bank of China is expected to maintain its accommodative stance, balancing domestic pressures and geopolitical risks.

19 Mar 2026 10:56 am
'Will stand by him till my dying breath': Celina Jaitley reacts after High Court says her brother, currently detained in UAE, doesnt want to contact her. Actress shares why

The Delhi High Court has closed Celina Jaitley's plea for access to her brother, Vikrant Jaitley, detained in the UAE. Vikrant Jaitley reportedly does not want to communicate with his sister. Recently, Celina Jaitley reacted to it and shared that she believes her brother may be trying to shield her from further distress. Read on!

19 Mar 2026 10:55 am
Eid Mubarak 2026: 50+ Wishes, messages, images and heartfelt greetings to share with your loved ones

Muslims worldwide prepare to celebrate Eid ul-Fitr, also known as Ramzan Eid. This joyous occasion signifies the conclusion of the holy month of Ramadan. Families and friends exchange warm wishes for peace, happiness, and prosperity. The festival is a time for prayer, reflection, and coming together. Celebrations include sharing delicious food and strengthening bonds.

19 Mar 2026 10:53 am
West Asia war: US State Department cut jobs with deep expertise in Middle East as Iran crisis escalates

US-Israel Iran War: America's response to the Iran conflict faces challenges. Key diplomatic roles remain vacant. Experienced staff departures and budget cuts weaken the State Department's ability to manage crises. Evacuation planning for Americans abroad was delayed and chaotic. This situation raises concerns about national security and protecting citizens in a volatile region.

19 Mar 2026 10:45 am
Layoffs, expenses, jobs: Bengaluru CA's warning on salary has many professionals worried

A LinkedIn post by Bengaluru-based CA Meenal Goel has sparked concern among professionals by questioning whether relying on a single income is still safe. Highlighting slow salary growth, rising urban expenses, and increasing layoffs, she pointed out that many professionals are now turning to side income sources for financial security. The discussion that followed showed a clear shift in mindset, with several users saying income diversification is becoming as important as job stability.

19 Mar 2026 10:43 am
BGMI 4.3 update: KRAFTON teams up with CSK and KKR for IPL 2026; Check full details and all-new features

KRAFTON India has announced major collaborations with IPL franchises Kolkata Knight Riders (KKR) and Chennai Super Kings (CSK) as part of the upcoming BGMI 4.3 update. Alongside these sports integrations, the version 4.3 update includes a new Evolving Universe theme mode, tech-enabled lobbies, and gameplay mechanics like Vehicle Nitrous Boost and the M1 Garand weapon.

19 Mar 2026 10:43 am
Eid 2026 Moon Sighting city-wise time: When will Shawwal crescent moon will be visible in Mumbai, Lucknow, Hyderabad, Bengaluru, Patna and other cities? Check details

Eid 2026 in India: Eid-Ul-Fitr is likely to be observed in India either on March 20 or 21 depends when the moon is sighted. In Delhi-NCR, the moon is likely to be visible on the evening of March 19 between 6.24 pm and 6.58 pm. Here we have compiled moon sighting timings in different cities such as Mumbai, Lucknow, Hyderabad, Bengaluru, Patna and other cities.

19 Mar 2026 10:42 am