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The Economic Times

Economy / The Economic Times

Jasprit Bumrah to miss India's Test against Sri Lanka, Auqib Nabi named as replacement

Auqib Nabi earned his first national call-up, replacing the injured Jasprit Bumrah for the Sri Lanka Test series. He impressed with 104 wickets in the last two Ranji Trophy seasons. Several other players are also sidelined due to various injuries. The Test series against Sri Lanka begins on August 15th at Galle. This series is part of the ICC World Test Championship 2025-27 cycle.

3 Aug 2026 9:53 am
Spider-Man's next film after Brand New Day is closer than you think. Check release date

Spider-Man: Beyond the Spider-Verse will release in theaters on June 18, 2027. This film concludes the animated Spider-Verse trilogy with Miles Morales facing new challenges. He battles enemies across the multiverse while trying to save his family. The ending of Spider-Man: Brand New Day sparked theories about Tom Holland's Spider-Man. Ned's tracker located Peter Parker somewhere in outer space after the spell.

3 Aug 2026 9:50 am
'I've got no idea': Aiden Markram on prospect of leading LSG next IPL season

Aiden Markram has not considered captaining Lucknow Super Giants next year. He stated the franchise management can make the best decision for the team. Markram acknowledged other quality leaders within the current Lucknow Super Giants squad. He previously played for the team in the 2025 and 2026 IPL seasons. Markram is enjoying the fast-paced challenge of T20 cricket matches.

3 Aug 2026 9:43 am
CWG 2030 will set new benchmarks in accessibility, sustainability: Gujarat Minister Sanghavi

Ahmedabad will host the 2030 Commonwealth Games, aiming for new benchmarks in accessibility. The city plans to make the event highly para athlete-friendly, ensuring accessible hotels. Gujarat's commitment to green energy will shape the Games' environment-friendly infrastructure. Existing infrastructure requires only limited upgrades, with sports facilities developing further. Both central and state governments assure full support for the upcoming multi-sport event.

3 Aug 2026 9:33 am
Candidate asked for Rs 90,000. HR refused and offered Rs 80,000. She questioned why the company advertised salaries up to Rs 1 lakh

Delhi-based entrepreneur Kanika Jain shared a salary negotiation where a candidate asked for Rs 90,000, within the advertised Rs 75,000 to Rs 1 lakh range. HR offered Rs 80,000, saying Rs 90,000 exceeded the budget. The candidate then asked why the company advertised a range it was unwilling to offer. Jain said the exchange highlights the importance of salary transparency, realistic pay ranges and honest communication between employers and job seekers.

3 Aug 2026 9:30 am
Latest August 2026 OTT releases: Cocktail 2 to Main Vaapas Aaunga to Lenin, new movies and shows to watch on Netflix, JioHotstar, Prime Video, SonyLIV and more

With returning favourites like Ted Lasso and Dark Matter, theatrical hits such as Cocktail 2, Main Vaapas Aaunga and Lenin, along with new originals including Prahaar and Operation Safed Sagar, August 2026 has a strong lineup for streaming audiences. Whether you're in the mood for romance, comedy, courtroom drama, action or science fiction, platforms including Netflix, Apple TV+, ZEE5, JioHotstar, Prime Video and SonyLIV have plenty of fresh content to add to your watchlist this month.

3 Aug 2026 8:59 am
The more you spend, the more you earn: Financial advisor warns against dumping money in SIPs and shares his fathers controversial money advice

Financial advisor Prem Soni shared his fathers unconventional money advice: The more you spend, the more you earn. He argues that extreme saving can make people too comfortable with less and weaken their ambition. Soni says young people should save responsibly but also spend on things they value, avoid lifestyle debt and focus on building active income. Rather than obsessing over saving Rs 500, he encourages asking how to earn the next Rs 5,000.

3 Aug 2026 8:56 am
Kedarnath Yatra: Police seize liquor worth Rs 12 lakh, drugs worth Rs 6.3 lakh

Rudraprayag Police are intensifying their crackdown on illegal liquor and narcotics trade. Approximately fifty-three cases under the Excise Act have been registered so far. Police have seized nearly two thousand liters of illicit liquor and vehicles. Five cases under the NDPS Act have also been registered with significant contraband seized. Heavy rainfall in Rudraprayag district has increased the risk of landslides along key routes.

3 Aug 2026 8:47 am
Australia confirms first 'mass mortality' event from H5 bird flu in native seabirds

Australia has confirmed its first mass mortality event from H5 bird flu. This outbreak occurred in a large group of native seabirds in South Australia. Laboratory testing confirmed the presence of the deadly virus in affected birds near Cape Jaffa. This development is concerning as more wildlife is expected to be affected. Australia has now recorded seventy-four cases of the virus since June.

3 Aug 2026 8:46 am
Datia election result 2026: In BJP's Ashutosh Tiwari vs Congress' Ghanshyam Singh contest, who is winning?

Vote counting for the Datia Assembly by-election in Madhya Pradesh commenced on Monday. This bypoll became necessary after former MLA Rajendra Bharti faced disqualification. The main contest is expected between BJP candidate Ashutosh Tiwari and Congress nominee Ghanshyam Singh. A total of twenty-one candidates are participating in this significant electoral test. The BJP had previously denied a ticket to former state home minister Narottam Mishra.

3 Aug 2026 8:39 am
Death toll from migrant rush into Spanish enclave in North Africa rises to 72

At least seventy-two migrants died during a mass rush into Spain's Ceuta enclave. More than fifty thousand people crossed the border from Morocco in an unprecedented surge. Many drowned or were crushed while attempting to scale border defenses. Moroccan authorities reported eleven deaths, blaming misinformation and trafficking networks. Spain reinforced border patrols and installed a floating barrier after the incident.

3 Aug 2026 8:37 am
Karnataka Police Constable Exam: Confusion over OMR, question paper numbers triggers brief chaos at Vijayapura Centre

Confusion over OMR answer sheet and question paper serial numbers briefly disrupted an exam. Several candidates walked out of the examination centre at Tikota in Vijayapura. Officials clarified that serial numbers did not need to match as per KEA procedures. Some candidates created a disturbance outside the centre after being denied re-entry.

3 Aug 2026 8:34 am
Techie earns Rs 25 LPA, 4 times more than his father, yet cannot afford the same home his father bought. What changed?

Noidas rising property prices highlight the growing gap between salaries and home affordability. Social media user Ankit Pandey compared a software engineer earning Rs 25 LPA with his father, who bought a similar home in 2005 at just 18 times his monthly salary. Current Noida property prices vary widely, while Reuters reports continued housing price growth. Experts also point to shrinking affordable housing supply, raising concerns about whether Indias middle class is earning more but paying dis

3 Aug 2026 8:23 am
360 ONE Wealth CEO Yatin Shah targets bigger share of Indias ultra-rich

360 ONE WAM Ltd. seeks to grow its market share in India's wealth management sector. The firm currently manages nearly ten percent of the ultra-rich market. Demand for asset management services is soaring across India's wealthiest families. This growth is fueled by company listings and private equity investments. 360 ONE plans to serve a quarter of these families soon.

3 Aug 2026 8:23 am
UK recession fears grow if Hormuz remains closed, forecaster warns

Britain's economy may shrink in 2027 if the Strait of Hormuz closure continues. Forecasters predict a 0.2% contraction if the waterway remains shut until mid-2027. This scenario would also increase inflation to 6.4% by the end of 2026. However, reopening the strait by September improves this year's forecast to 0.8%. EY expects interest rates to be cut next year after holding them steady.

3 Aug 2026 8:07 am
The whey revolution: America's protein craze is changing dairy economics

Whey protein, once a cheesemaking byproduct, is now highly sought after by consumers. Social media trends and dietary advice are driving this significant demand for protein supplements. The dairy industry has invested billions to increase production capacity for this valuable product. Whey's increased profitability is now influencing cheesemakers' production decisions. This shift is fundamentally altering the American dairy market landscape.

3 Aug 2026 8:04 am
Bengal STF probes alleged Pakistan-backed honey-trap network

West Bengal STF is investigating a Pakistan-based espionage and honey-trap network. The probe involves an arrested woman and a suspected Jaish-e-Mohammed operative. They allegedly used encrypted messaging applications to contact handlers. The duo conspired to honey-trap a minister's son for extortion. Investigators are examining communication channels and potential wider networks.

3 Aug 2026 8:01 am
US senate leaders reach funding deal to avoid shutdown during campaign season

Key senators revealed a short-term spending bill to fund federal agencies past elections. This measure aims to prevent a government shutdown as lawmakers seek reelection. The bill extends current funding levels through December eleventh, which is unusual timing. Both parties wish to avoid blame for a potential shutdown before voters decide. Lawmakers will use the coming months to negotiate full-year funding differences.

3 Aug 2026 7:54 am
Weather update (August 3): IMD issues heavy rain alert for Delhi, Kerala, Bihar and other regions; check state-wise forecast

The India Meteorological Department has issued weather warnings for Monday, August 3. Heavy to very heavy rainfall is expected across Arunachal Pradesh, Bihar, and Sub-Himalayan West Bengal. Many other states will also witness heavy showers accompanied by thunderstorms and strong winds. Squally weather is forecast over adjoining seas with wind speeds reaching up to 60 kmph. These conditions are likely to persist across various regions of the country.

3 Aug 2026 7:50 am
China factory growth slows to 4-month low in July, survey shows

China's manufacturing sector expanded at its slowest pace in four months during July. Output and new orders rose more slowly, while export orders returned to growth. Firms added staff at the fastest pace since August 2023, and purchase stocks increased. Input price inflation slowed to a six-month low, and output prices remained flat. Leaders pledged fiscal spending to support the slowing economy for the remainder of the year.

3 Aug 2026 7:49 am
China's rare-earths weapon is losing its force

The imposition of rare-earth export controls by China is sparking an unexpected global movement toward industry independence. This escalating international effort is poised to increase the supply of these crucial minerals significantly. New findings of ionic-absorption clay deposits across four continents are fueling this shift. Additionally, companies are setting up processing plants outside China, signaling a noteworthy decline in Chinese preeminence over rare earth resources.

3 Aug 2026 7:42 am
Kerala rains today (August 3): IMD issues yellow alert for 10 districts amid heavy rains; check forecast

Kerala faces heavy rainfall and strong winds on August 3, with a yellow warning issued. Eight people have died and eight remain missing due to recent rain-related incidents. Over 5,000 people have moved to relief camps as houses face damage. Cleaning operations have begun in affected areas with government support. Heavy showers are expected again from August 6 to August 8.

3 Aug 2026 7:40 am
India's Got Latent Season 2 Episode 4 Twitter review: Karan Aujla steals the show after roasting Samay Raina. Netizens call it 'the best episode so far'

Samay Raina's comedy talent show, India's Got Latent, has returned with its second season. Singer Karan Aujla recently joined the judging panel as a guest for the latest episode. His witty remarks and banter became a major highlight of the episode. Viewers praised the episode as the best of the season so far. Read on!

3 Aug 2026 7:32 am
Delhi, Noida, Gurgaon weather today (August 3): IMD predicts cloudy skies and rain; check forecast

Delhi-NCR anticipates generally cloudy skies and rain on Monday. Maximum temperatures will range between 37 and 38 degrees Celsius. Light to moderate showers are expected across several cities bringing relief. Temperatures are forecast to gradually fall from Tuesday onwards. August 4th is predicted to be the wettest day of the week.

3 Aug 2026 7:24 am
Trump says Gulf leaders' input weighed heavily in decision to hold off new Iran strikes

US President Trump opted against launching new strikes on Iran after receiving counsel from Gulf allies, advocating for diplomatic solutions instead. While plans for a significant operation were prepared for Sunday, Saudi Crown Prince Mohammed bin Salman cautioned against such action, emphasizing the pursuit of a diplomatic deal.

3 Aug 2026 7:23 am
PoJK poll violence: Neelum Valley resident killed in security firing as 2nd phase ends amid unrest

A resident was killed when security forces allegedly opened fire on protesters in Athmuqam, during the second phase of legislative polls marked by violence and low voter turnout. Allegations of electoral fraud and protests disrupted the voting process across key urban areas, including Islamabad and Rawalpindi. Furthermore, India continues to declare the Union Territories of Jammu and Kashmir and Ladakh as essential parts of its sovereign territory.

3 Aug 2026 6:52 am
Quote of the day by Kurt Russell: When you think you're good, you will play at that level. If you doubt... Inspiring life lessons on self-confidence, mental toughness, resilience, self-belief, personal growth, and why your mindset often determines your results by the American actor known for Escape from New York, Tombstone, and The Thing

Quote of the day by Kurt Russell: Hollywood icon Kurt Russells famous quote highlights the direct connection between self-perception and real-world execution. Russell emphasizes that internal confidence dictates your operational performance, whereas self-doubt sabotages results regardless of natural talent. Understanding this mindset framework allows individuals in sports, business, and creative fields to silence inner criticism and execute at their peak potential.

3 Aug 2026 6:50 am
Saudi oil tanker heads to India as Red Sea, Hormuz traffic slows amid attacks

US Iran war: A Saudi crude tanker carrying 2 million barrels is headed to Sikka port where Reliance Industries receives most of his cride oil, after crossing the Bab el-Mandeb Strait, even as tanker attacks and Houthi threats disrupted shipping in the Red Sea and Strait of Hormuz. Vessel traffic through both key maritime chokepoints has declined amid escalating regional tensions.

3 Aug 2026 6:35 am
Oil jumps 20% in July as US-Iran war escalates

Oil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks are impacting global energy markets. Saudi Arabia is forming an alliance to protect Red Sea navigation from militant blockades. Concerns also persist regarding supply disruptions in the Black Sea region. Energy markets are reacting to geopolitical events and drawing down United States stockpiles.

3 Aug 2026 6:30 am
Market returns: Micro caps & small caps lead in 2026

Heres our TrendMap, your quick guide to the performance of different investment segments. No single segment always leads. In this edition, we present a 10-year equity performance tracker, ranking annual returns across market-cap segments. Investors risk appetite has turned more selective in 2026 so far. By Sameer Bhardwaj.

3 Aug 2026 6:30 am
Why gifting wealth early makes sense

Gifting and charity, in cash and kind, during ones lifetime offers the scope for creating shared experiences of celebration, travel, entertainment and eating out together, for both generations. The caveat, of course, is the inability and perhaps unwillingness of seniors to make spending decisions.

3 Aug 2026 6:30 am
Can seller tracking end insurance mis-selling?

Some carmakers sell vehicles without a spare wheel, offering just a puncture repair kit instead. Nobody proposes a register of the salesmen who sold these cars because we know the choice was made above their level. The agent sitting across from an insurance buyer is in the same position, as hes not the author of the incentive he answers to but merely its executor.

3 Aug 2026 6:30 am
How teenagers can master the art of budgeting

Bala eyed a Rs.1,500 online shopping cart with a tech organiser and gel pens. But with a Rs.2,500 monthly allowance, he realised buying both meant giving up his Friday pizza. He kept only the gel pens, saved Rs.1,000, and learned that budgeting is about making smart choices. Good money management starts with knowing where your money goes.

3 Aug 2026 6:30 am
SIFs: Everything you need to know before investing

A guide to the objective, strategy, risk band and red flags that separate a good SIF from a risky bet.

3 Aug 2026 6:30 am
REIT mutual funds vs REITs: Who has the edge?

REIT mutual funds just fixed the tax drag that kept sharp investors on the sidelines, along with illiquidity and concentration risk.

3 Aug 2026 6:30 am
Defence stocks rally: Still worth buying?

Order books, exports and government spending driving the sector, but valuations are no longer cheap.

3 Aug 2026 6:30 am
Social Stock Exchange: Whats in it for investors?

Every SSE listing goes through months of due diligence, financial and social audits.

3 Aug 2026 6:30 am
Big age gap between children? It comes at a cost

Kids years apart can mean juggling childcare and college costs at the same time, often delaying retirement.

3 Aug 2026 6:30 am
Trump says new Iran talks set to start on Monday after calling off massive attack

US Iran news: New negotiations between the US and Iran will begin Monday to end the ongoing war. Talks will focus on the Strait of Hormuz and Iran's denuclearization efforts. Oil prices dropped as the announcement of these new talks was made. Iran is nearing a deal with Oman over a new route through the strait. The conflict has seen periods of calm and escalation since February.

3 Aug 2026 6:29 am