The Economic Times

Tata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and coking coal costs are rising. The company expects domestic realisations to decrease in the September quarter. Tata Steel is increasing its focus on value-added products and expanding its NINL facility. This strategic shift aims to strengthen its position in high-margin segments.

Quote of the day by Socrates: The ancient Greek philosopher believed physical training was not just about appearance but a responsibility towards oneself. Recorded by Xenophon in Memorabilia, Socrates words explain why people should strive to discover the strength and abilities their bodies are capable of achieving. The quote also reflects his larger philosophy of discipline, self-improvement and living a life of constant growth.

Spider-Man: Brand New Day achieved significant worldwide ticket sales in its opening weekend. The film earned $927 million globally and $355 million domestically in the United States. This performance made it the second-highest domestic opening of all time. The movie features Tom Holland as Spider-Man and Zendaya as MJ.

Radisson Hotel Group identifies India as a key global growth engine for its expansion plans. The company aims to reach five hundred hotels across India by the year 2030.

Global consumer product makers reported strong demand in India during the June quarter. Companies like Mondelez and L'Oreal saw accelerating growth and market share gains. Reckitt achieved high single-digit growth through wider distribution and improved execution. These firms view India as a key long-term growth engine for their businesses. Plans are underway to increase investments and strengthen their Indian market presence.

A Hyderabad based employee shared how he once went from earning more than Rs 2 lakh a month to earning just over Rs 40,000 per month as his fortunes as a freelancer dwindled with the advent of AI in 2026

Indian carmakers are absorbing rising commodity costs to sustain production levels. Demand for vehicles remains robust, driving sales growth since last October. Companies are controlling costs and expanding capacity to meet customer needs. This approach prioritizes production over short-term profit margins. Price increases are being implemented cautiously to offset cost pressures.

Dutch Proverb of the Day shares a timeless lesson that still fits modern life. He who is outside, has already won the battle reminds us that stepping away from stress often brings clarity, peace, and better decisions. This simple Dutch wisdom encourages resilience, mindfulness, and emotional balance, proving that sometimes the strongest move is to pause, breathe, and see life from a fresh perspective.

The government has advised state RERAs to extend project deadlines by four months. This advisory addresses disruptions caused by the West Asia situation impacting supply chains. Eligible projects with completion dates on or after February 28, 2026, may receive extensions. Homebuyers may experience possession delays of up to four months for these projects. State regulators will now decide on uniform implementation of this central directive.

Data centres are now the second-largest investment recipient, attracting substantial institutional capital. Rapid AI adoption and cloud expansion fuel investor interest in digital infrastructure assets. India's data centre capacity is projected to more than double by 2025. The current investment pipeline for data centres stands at approximately ninety billion dollars.

Zee Entertainment's promoter fundraise faces regulatory hurdles after Sebi's market ban. The company and its top executives are prohibited from securities dealings for a year. This order casts doubt on the proposed 3,144-crore warrant issue to promoters. Legal experts suggest the warrant subscription may be delayed without interim relief. The regulator also imposed penalties for unauthorized land pledges by promoter entities.

India's new forex inflow programs may attract approximately one hundred billion dollars. These special drives have already mobilized over forty billion dollars in foreign exchange. Experts predict these initiatives could significantly exceed initial mobilization estimates. The Reserve Bank of India introduced these facilities to support the balance of payments. These programs aim to cushion the rupee and contain imported inflation.

A Nashik court granted bail to five individuals accused in a sexual harassment case. The court noted the charge sheet was filed and investigation was nearly complete. These five accused were granted relief on July 30 by the Additional Sessions Judge. The court found no serious apprehension of witness tampering or evidence destruction.

The Mumbai faction had originally approached the court under Section 9 of the Arbitration and Conciliation Act, seeking interim relief. It alleged that the Ahmedabad faction had attempted to terminate agreements that allowed the Mumbai branch to manufacture and sell ice cream and juices under the Vadilal name in Maharashtra, Goa, Karnataka, Kerala and undivided Andhra Pradesh.

Indian banks are proposing payment app prompts to curb rising digital frauds. This aims to balance fraud prevention with maintaining digital payment convenience. Banks suggest prompts for suspicious transactions, not all payments above a threshold. The Reserve Bank of India is considering these suggestions for new guidelines. This initiative seeks to protect users while preserving digital payment growth.

Companies are shrinking product innovation cycles to three months or less. Quick commerce platforms now drive seventy-five percent of total digital sales. This rapid growth allows for faster testing and market entry strategies. Consumers now trigger purchases based on immediate needs and occasions. Product launches are happening within two weeks depending on market trends.

Banks are raising FCNR(B) deposit rates to attract dollars amid global rate increases. ICICI Bank and HDFC Bank have already adjusted their offerings for dollar deposits. Higher overseas borrowing costs and market competition necessitate these rate adjustments. Global benchmark rates have risen since the scheme's operationalization in June. This special scheme for attracting foreign currency closes on September 30.

India and Canada are working to finalize their economic partnership agreement. Negotiations for the Comprehensive Economic Partnership Agreement are progressing well. Both nations aim to conclude these important talks by the end of 2026. This agreement seeks to liberalize trade and strengthen economic cooperation between the two countries. Prime Minister Modi plans a visit later this year to boost bilateral ties.

The Ministry of Housing and Urban Affairs has undergone a significant structural overhaul. Senior bureaucrats were replaced and new leadership appointed to spearhead its flagship missions. The ministry was split into two specialized departments, focusing on capital development and urban development. This administrative revamp aims to streamline service delivery and accelerate infrastructure projects. Personnel shifts occurred rapidly after the government's decision to divide the ministry.

Developers want a five percent goods and services tax on battery storage systems. This change would support faster deployment of renewable energy projects. A lower tax rate could significantly reduce the cost of energy storage. India needs substantial energy storage capacity by the year 2032. This reduction offers considerable financial benefits for the nation's energy sector.

Quote of the day by Kolo Toure shows that a meaningful life may not be the one with the longest list of accomplishments. It may be the one in which people experience genuine connection, curiosity, laughter, purpose, and gratitude along the way. Happiness does not have to wait until everything is perfect. Sometimes the ability to enjoy what is already here is itself one of life's greatest achievements.

The current provision under Section 2(z) of the SEZ Act, 2005 mandates that proceeds for SEZ to DTA supplies of services must be realised in foreign exchange, although there is no such requirement in case of supply of goods to DTA entities.

Petrol and diesel sales saw significant year-on-year increases in July. This growth was fueled by greater mobility and economic activity across the nation. Jet fuel sales experienced a slight decline, while cooking gas demand dropped considerably. LPG sales are currently constrained due to ongoing supply disruptions from the Iran war.

India secured 39 medals at the Glasgow Commonwealth Games, which concluded with a strong boxing performance. This medal haul was significantly lower than previous games due to a reduced sports program. The absence of several key sports impacted India's overall medal count from Glasgow. India will host the 2030 Commonwealth Games in Ahmedabad, featuring a larger sports selection.

The renewed attacks threaten to disrupt Russia's fuel supplies just as several regions had begun easing restrictions on gasoline and diesel sales imposed during recent shortages. The Saratov refinery, with a crude processing capacity of about 140,000 barrels per day, had resumed operations after being hit in an earlier Ukrainian strike on July 8.

Muhammad Ali was at the height of his boxing career when he refused to be inducted into the U.S. Army during the Vietnam War in 1967. The decision cost him his heavyweight title, boxing licence and several prime years in the ring, but it also became one of the most defining moments of his life. Here's what happened and how the boxing legend eventually fought his way back.

Draft rules for India's SHANTI Act, 2025, are currently under discussion with ministries. Industry inputs are also being sought on the proposed regulatory framework. The act aims to boost nuclear power capacity to 100 GW by 2047. It consolidates regulation and opens the sector to private and foreign entities. Final notifications are expected after extensive consideration of various issues.

Indian Oil Corp is reassessing its Tamil Nadu refinery project due to economic viability concerns. The company is now exploring a standalone petrochemicals complex instead of the original refinery. This shift reflects industry trends favoring integrated refining and petrochemical ventures. Standalone petrochemicals complexes require lower investments and offer higher long-term returns.

Exports of ready-to-eat and cooked food items increased 16% to $2.4 billion in 2025-26 from $2.1 billion in the previous financial year, according to an ET analysis. The analysis is based on 11 items including pasta, sweet biscuits, pastries, papad, coffee and tea.

British pop icon Adele, best known for chartbuster songs such as Rolling In The Deep, Skyfall, Easy On Me, etc, surprised her fans with a drastic weight loss in 2020. In an interview, she revealed how she lost a whopping 100 pounds (45 kgs) in a span of two years.

Prime Minister Narendra Modi launched a nationwide campaign against drug addiction. He urged family elders and teachers to foster open communication with children. The campaign aims to keep the nation's youth physically and mentally fit. Support from society and rehabilitation facilities are crucial for recovery. This initiative precedes elections in Punjab, a state facing drug challenges.

China defends its economic policy favoring advanced industries over domestic consumption. This stance signals increasing confidence ahead of trade talks with Europe and the United States. Western nations view China's approach as mercantilist, pushing cheaper goods globally. China counters these claims, rejecting accusations of protectionism and unfair practices.

Irish proverb of the day: Todays Irish proverb reminds us that lifes biggest lessons often come from the hardest journeys. This ancient Irish wisdom about rivers, obstacles, and resilience teaches us how acceptance, patience, and inner peace can help us move forward. The proverb offers a powerful reminder that true growth begins when we stop fighting every challenge and learn to flow with life.

Flying in business or first class doesn't always have to mean paying a premium fare. While airlines now sell more premium seats than ever before, travel experts say there are still a few ways that could improve your chances of getting an upgrade. From choosing the right meal and asking at the gate to joining loyalty programmes, here are five expert-backed tips that may help you enjoy a better flying experience without spending extra.

Montana's first territorial capital, Bannack, was established in 1862 after gold discovery. This frontier town quickly grew and then declined as miners moved on. Montana preserved Bannack as its first historic state park in 1954. Over fifty original buildings remain, offering a complete glimpse into Gold Rush life. Visitors can experience history where it happened at this well-preserved ghost town.

Canada introduces ten significant federal laws and rule changes starting August 2026. Student grants remain higher, while private college eligibility faces restrictions. A new registry for foreign influence begins, and military sexual offenses move to civilian courts. Real-time payment rules are established, and cosmetic labels will list more fragrance allergens. Tobacco products enter a new warning cycle, and pet-food imports face certification updates.

Search teams located the wreckage of Pan Am's Clipper Endeavor after 74 years. This aircraft crashed in 1952, leading to significant airline safety changes. The discovery occurred nearly 2,000 feet below the ocean surface off Puerto Rico. Investigators concluded that 52 lives were lost in the tragic incident. Lessons learned from this disaster improved mandatory preflight safety demonstrations for passengers.

Hrithik Roshan has made another major real estate deal that showcases how his investments continue to generate impressive returns outside of Bollywood. Fresh property registration documents reveal a new commercial deal that will bring the actor a monthly income higher than what many salaried professionals earn in an entire year, further strengthening his growing portfolio of income-generating assets.

Hema Malini looks radiant and slender at 77. In several interviews, Bollywood's Dream Girl revealed the diet and exercise regimen that helped her look like a dream even after she entered her 70s. Her fitness regimen consists of clean eating and being active.

R. Madhavan's Mumbai home reflects his calm personality through thoughtful design choices. Gold accents and an all-white bathroom create a spa-like atmosphere. A peaceful Buddha corner surrounded by greenery offers a serene retreat. Traditional Indian art blends with modern interiors in the living room. The residence showcases timeless elegance through simplicity and attention to detail.

The FSSAI has issued notices to several liquor manufacturers for adding artificial flavors. These companies are accused of imitating natural characteristics in their alcoholic beverages. United Spirits and INBREW Beverages are among the firms receiving these official warnings. The regulatory body also cited violations of additive use and age claims. Inspections and sampling procedures are underway in Goa and Maharashtra.

Long before Marvel became the global powerhouse it is today, the company found itself linked to one of the biggest music icons in history through an ambitious Hollywood dream. Years later, the blockbuster release of Spider-Man: Brand New Day has brought this little-known story back into focus, revealing a surprising chapter that could have changed Marvel's future forever.

Ace investor Warren Buffett's ETF recommendation continues to draw attention as his simple S&P 500 strategy shows how a $10,000 investment could have grown to more than $40,000 in 10 years. Buying and holding a low-cost S&P 500 index fund is an easy way to gain exposure to the US economy. Heres why Buffett favours low-cost index funds and what investors should know.

Rare Arabian coins unearthed in America provide new evidence about a historic pirate heist. Captain Henry Every's crew stole vast treasure from an Indian royal ship in 1695. These coins suggest the pirates traveled to the American colonies after the raid. They likely spent the stolen treasure during everyday transactions while hiding. This discovery offers fresh insights into one of history's oldest unsolved criminal mysteries.

Quote of the Day by Adolf Hitler offers the idea that struggle can shape human beings contains a lesson worth separating from its disturbing historical attribution. Life will inevitably present challenges, but those challenges do not have to define a person's future. What matters is how people respond, what they learn, and whether they use their experiences to develop greater wisdom and compassion.

Today's Quote of the Day by Benjamin Millepied: Benjamin Millepieds quote exposes the psychological toll imposed by high-intensity professional environments. By stating that dancers often lack realistic awareness of their bodies, Millepied highlights the phenomenon of body dysmorphia, where objective reality is replaced by hyper-critical internal narrative.

The Bandra-Versova-Bhayander Coastal Road project aims for completion by December 2028. This infrastructure development will significantly reduce travel times across Mumbai's western suburbs. Additional projects, including a desalination plant, are also under review for future implementation.

Zee Entertainment Enterprises is seeking legal advice after SEBI barred it from the securities market. The market regulator also prohibited Chairman Emeritus Subhash Chandra and MD Punit Goenka for one year. This action stems from the unauthorised pledge of Hyderabad land to secure promoter-linked loans. The company asserts this order will not impact its fundraising efforts.

The Sher-e-Punjab T20 League was officially unveiled on Sunday in Chandigarh. Prominent cricketers like Shubman Gill and Arshdeep Singh will feature in the tournament. This league offers a significant platform for young aspiring cricketers in Punjab. Six teams will compete in twenty-seven matches for the coveted title. The tournament aims to showcase Punjab's rich cricketing talent to a wider audience.