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The Economic Times

Economy / The Economic Times

We politicians, ministers and MPs do not manufacture these figures: Goyal hits back at critics over 7.8% Q1 GDP growth

In response to challenges regarding Indias 7.8 percent GDP growth, Commerce Minister Piyush Goyal passionately argued against the claims made by opposition figures and a past finance secretary. He underscored India's stability in the face of global economic turmoil, pointing to high job prospects within the textile sector. Goyal condemned the efforts of critics aiming to mislead the public about the nations economic health.

3 Sep 2026 12:05 am
DGGI seeks payment trail to crack down on illegal betting networks

The DGGI proposed mandatory recording of website payment details to stop illegal gaming networks. This aims to plug financial system gaps exploited by betting operations. The agency's probe uncovered a betting ecosystem estimated at seventy thousand crore rupees. Recommendations will undergo wider consultation with payment entities and banks. This initiative seeks to trace transactions and identify illicit fund routing networks.

3 Sep 2026 12:05 am
In 2003, Fort Lewis trained 25 public works staff to improve building energy use. 2 years later, the base had achieved 20-30% greater efficiency than the ASHRAE standard

Fort Lewis Army Base used staff training, equipment upgrades, renovation projects, and improved operating practices to strengthen building energy efficiency. In 2003, its Public Works Department hosted a BOC Level I course for twenty-five Maintenance and Repair Division employees and other Public Works staff. The training helped employees expand their knowledge of building systems, energy conservation, indoor air quality, and equipment operation. The base also worked on energy-efficient lighting

3 Sep 2026 12:05 am
In 2005, Jeff Bezos launched a platform he called artificial artificial intelligence that once had more than 500,000 workers. Amazon is now shutting it down

Amazon has announced that it will shut down its Mechanical Turk crowdsourcing platform on September 30, 2026, after two decades of connecting global workers with online tasks. The ongoing advancements in AI have led to a decline in human involvement in these digital jobs. This decision highlights a significant transition in the workforce dynamics between humans and AI, affecting many who depended on the platform for flexible job opportunities.

3 Sep 2026 12:05 am
Quote of the day by Charlie Munger: You look at Carnegie and Franklin. They had only a few... Inspiring life lessons from a timeless quote on curiosity, self-improvement, critical thinking, personal growth, and what the late Berkshire Hathaway vice chairman known for disciplined reasoning and lifelong learning understood about teaching yourself what matters

Quote of the day by Charlie Munger: You look at Carnegie and Franklin... and see how much of their knowledge came from teaching themselves through reading. The idea reaches beyond books, touching the way people handle work, uncertainty, mistakes and important decisions when no one else can provide the answer. The deeper lesson is that curiosity builds judgment over time, helping us think independently, learn from experience and understand that education does not end when formal schooling does.

3 Sep 2026 12:04 am
German proverb of the day: Dont paint the devil on the wall a life lesson on avoiding unnecessary fear

Best German Proverb of the Day: Dont paint the devil on the wall is a German proverb cautioning against imagining trouble before it happens. Its vivid imagery offers a lesson in handling uncertainty without turning possibilities into fears. The proverb encourages people to remain realistic, avoid needless pessimism and focus on what is actually happening rather than constantly anticipating the worst.

3 Sep 2026 12:00 am
7,229 CBI corruption cases pending trial, 409 for over two decades: CVC Report

A latest Central Vigilance Commission report reveals that 7,229 corruption cases investigated by the CBI are pending trial across various courts. Of these, 409 cases have remained pending for more than 20 years, while 1,612 cases have been pending for less than three years, highlighting prolonged delays

3 Sep 2026 12:00 am
415 million years ago, giant scorpions the size of a Golden Retreiver prowled Britain and its story is now rewriting prehistoric history

Scientists identified Praearcturus gigas as the largest known scorpion, measuring one meter long. This ancient predator lived approximately 415 million years ago during the Early Devonian period. Researchers re-examined museum fossils, revealing new details about its anatomy and lifestyle. The discovery challenges previous explanations for giant arthropod sizes. This finding highlights the ongoing scientific value of historical museum collections.

2 Sep 2026 11:56 pm
Iranian air, water and virtual assets on Washington's hit list

Bessent, asked about Russian support for Iran in an interview on Fox News following a G20 gathering in North Carolina this week, also warned everyone against backing Tehran. My message to everyone is stay away. We all want this conflict to end, and the fastest way for the conflict to end is for no one to provide any support to this regime, he told Fox & Friends one day after Russian President Vladimir Putin threw his support behind Iran.

2 Sep 2026 11:56 pm
Bosnian proverb of the day: 'Don't be misled by the tears of a...' - this thought-provoking saying teaches powerful life lessons on awareness, being kind without being too quick to believe anyone, why you must not let emotions cloud your judgment and how first impressions can be misleading

Bosnian proverb of the day: A Bosnian saying advises against quick judgments based solely on visible distress. Emotions can influence perception, making careful consideration essential for understanding. First impressions do not always reveal the complete truth of a situation. Compassion and good judgment should work together when assessing others.

2 Sep 2026 11:54 pm
Quote of the day by Russell Crowe: 'The secret to riches is the same as the secret to...' Life lessons from motivational quote on success, wealth creation, right moment, execution, opportunity, patience and readiness

Quote of the day by Russell Crowe, The secret to riches is the same as the secret to comedy timing, explains how success can depend on choosing the right moment. The quote connects wealth creation, market entry, patience, preparation, opportunity and execution. It also reflects Russell Crowes character Max Skinner in A Good Year.

2 Sep 2026 11:44 pm
S Jaishankar to visit Ukraine, Poland ahead of BRICS

Starting Thursday, external affairs minister S Jaishankar embarks on a three-day journey to Ukraine and Poland amid rising fears of the Russia-Ukraine conflict. He plans to engage in bilateral dialogues with both Ukrainian and Polish officials, with a focus on the recent assaults on Indian seafarers in the Black Sea region. The visit aims to strengthen diplomatic ties and discuss ongoing developments in the region.

2 Sep 2026 11:44 pm
India joins talks to set up SCO Development Bank

India is taking notable steps to establish a new SCO Development Bank, with member nations moving towards finalizing the foundational documents for this crucial financial entity. Both Russia and Kazakhstan have shown interest in hosting the headquarters. The bank aims to finance collaborative economic projects while enhancing trade partnerships, marking a significant push for financial independence from traditional systems used for manipulation.

2 Sep 2026 11:42 pm
Why does the human brain take so long to develop? Scientists find a gene that may provide a clue about our extraordinary brainpower, cognitive abilities

A human-specific gene influences brain immune cell development. These cells, called microglia, mature much slower than in mice. This extended maturation period may help build complex neural connections. The gene SRGAP2 appears to synchronize this process with neuron development. This finding offers new insights into human brain evolution and disorders.

2 Sep 2026 11:40 pm
Why Russia should end its endless war

India's Prime Minister Narendra Modi urged Russia to end the Ukraine war. This call for peace aligns with India's long-standing stance on avoiding conflict. Russia faces severe economic and military consequences from the ongoing protracted war. Ending the conflict would allow Russia to rebuild its strength and economy. Peace in Ukraine also benefits global supply chains and international stability.

2 Sep 2026 11:35 pm
Quote of the day by James Joyce: 'The actions of men are the best interpreters of their...' - motivational quote by Ulysses and Dubliners author teaches life lessons on understanding people, how actions can reveal what words hide and why you should watch what people do, not what they say

Quote of the day by James Joyce: James Joyce believed actions reveal true thoughts and feelings more than words. His famous quote highlights that behavior offers a clearer understanding of individuals. Joyce, an influential Irish novelist, shaped 20th-century Modernist literature significantly.

2 Sep 2026 11:34 pm
BRICS Summit: Arctic partnership to figure high in Modi-Putin meet

India and Russia are ramping up their collaboration in the Arctic, with a strong focus on resource development. A meeting between President Putin and Prime Minister Modi next week will delve into this burgeoning partnership. India is set to launch its inaugural cargo ship along the Northern Sea Route next year, promising substantial reductions in travel distance and time for European trade.

2 Sep 2026 11:33 pm
In 2015, scientists released fluorescent dye into Floridas Silver River: Heres what they discovered

A 2015 University of Florida experiment used five gallons of fluorescent dye to track water movement through a 5.1-mile section of Floridas Silver River. Researchers measured travel and residence times and compared the findings with earlier tracer data to study changing flow conditions. The work also helped investigate links between river hydraulics, nutrient movement and increasing algal growth.

2 Sep 2026 11:33 pm
States unanimous on shift to Computer-based exams; government centres

State governments show strong backing for Computer Based Testing in entrance exams, emphasizing the need for reliable, government-supported testing facilities along with high quality standards. Discussions also revolved around a sustainable funding model for establishing these centers. Led by Nandan Nilekani, the task force is advocating for complete digitization of the process, with recommendations anticipated before October to prepare for the 2027 exam cycle.

2 Sep 2026 11:28 pm
Sports Ministry approves 246-strong contingent of support staff for Asiad

The Sports Ministry has greenlit a massive Indian delegation for the Asian Games, comprising 768 members, including 503 athletes and 246 officials. The athletics team is the largest contingent at 79 members plus 31 support personnel. India is poised to showcase its talents in 36 sports, with the opening ceremony set for September 19 in Japan.

2 Sep 2026 11:21 pm
The # symbol you see under every Instagram post was once just a Roman weight measurement. It took centuries to become social media's hashtag

The familiar # symbol is something most people now associate with social media, trending topics and Instagram posts, but its story is far older than the internet. The mark has passed through several different uses and names over the centuries, picking up new meanings as technology and communication changed. Its long journey includes an unexpected connection to the ancient world and some familiar names from the history of writing and technology.

2 Sep 2026 11:20 pm
This city in Florida lost nearly 80% of its Oyster reefs; now a restoration project is rebuilding what disappeared. Here's how

Naples Bay is taking an innovative step by restoring its oyster reefs, which will enhance natural shoreline defenses. These vital reefs play a crucial role in cleaning the water and providing habitats for a variety of wildlife. Oysters are known for filtering large volumes of water, thus improving overall clarity and acting as natural wave barriers.

2 Sep 2026 10:56 pm
Need stronger governance, internal controls in urban cooperative banks: RBI Deputy Guv

In a recent address, RBI Deputy Governor Swaminathan J urged urban cooperative banks to strengthen their governance frameworks and adopt technological advancements. He pointed out the critical need for better collaboration between the RBI and cooperative authorities. Deputy Governor Shirish Chandra Murmu reinforced the importance of having professional boards and solid internal controls. Additionally, Shiv Pal Singh emphasized the need for swift handling of liquidation processes within banks.

2 Sep 2026 10:30 pm
In 2024, four dams were removed from an American river. Over 400 miles of Salmon habitat reopened. Scientists are now watching an ecosystem rebuilding itself

Four hydroelectric dams on the Klamath River were removed in 2024. This project opened over 400 miles of historic salmon habitat. Indigenous communities and ecosystems will benefit from this significant ecological recovery. Scientists are now monitoring the river's health and salmon populations. The dam removal marks a new chapter for the Klamath River's future.

2 Sep 2026 10:11 pm
SML Mahindra targets 10-12 pc commercial vehicle market share by FY31

SML Mahindra targets 10-12 per cent commercial vehicle market share by FY31. The company also aims to achieve over 20 per cent market share by FY36. At least ten percent of their total bus portfolio will become electric within two years. This follows the recent acquisition and renaming of SML Isuzu Ltd. The commercial vehicle segment expects high single-digit growth this financial year.

2 Sep 2026 10:04 pm
The Rudan Brothers surprise Canadian couple with free roof repair, then transform entire home after learning wife is battling two forms of cancer

The Rudan Brothers set out to repair a Canadian couples damaged roof for free but decided to transform their entire home after learning the wife was battling two forms of cancer and preparing to begin chemotherapy. With help from neighbours, friends and the local community, the brothers completed a remarkable home makeover.

2 Sep 2026 10:02 pm
India and Canada reaffirm strategic ties, target bilateral trade of CAD 70 billion by 2030

India and Canada held Foreign Office Consultations reaffirming their commitment to a trade agreement. Both nations aim to expand bilateral trade to seventy billion Canadian dollars by 2030. Discussions reflected accelerated high-level exchanges and expanding cooperation across multiple sectors. Bilateral ties remain anchored in shared democratic principles and respect for the rule of law. India also expressed readiness to initiate negotiations on a Bilateral Investment Treaty with Canada.

2 Sep 2026 10:02 pm
In 1960, Johnny Burnette recorded one of his biggest hits. Years after his tragic death, Ringo Starr revived it and it became No. 1 in America

In 1960, Johnny Burnette's charming hit 'You're Sixteen' climbed to number eight on the music charts. Tragically, Burnette's life ended in a boating accident just four years later. However, his song found new life when Ringo Starr reimagined it for his solo project in 1973, leading it to hit number one in America the following year, ensuring Burnette's legacy endured despite his untimely death.

2 Sep 2026 10:01 pm
No protein bars. Salman Khans heroine, fit and radiant at 57, eats parathas for protein. One ingredient is Indias natural protein powder, can lower blood sugar

It is quite difficult for people who are vegetarians to have access to a protein-rich diet. Taking to Instagram, Bhagyashree, the heroine of salman Khans blockbuster Maine Pyaar Kiya, shared a recipe that is yummy and doesnt compromise on either nutritional value or taste. The dish called protein ka paratha is made of wheat and sattu, often hailed as Indias natural protein powder.

2 Sep 2026 9:54 pm
Quote of the Day by Winona Ryder: Ive been embracing aging. I always have, since I was a kid... Inspiring lessons on aging, self-acceptance, confidence, individuality and why growing older should be embraced by the American actress known for her iconic performances and honest views on aging and finding freedom in being yourself

Quote of the Day by Winona Ryder: Winona Ryders words, Ive been embracing aging. I always have, since I was a kid. When youre the kid on the set for so long, you just, like, daydream about being older, offer a different perspective on getting older. Rather than viewing age as something to hide or fear, Ryder describes it as a natural part of life that she has looked forward to since beginning her career as a young actress.

2 Sep 2026 9:46 pm
Roubles and rupees: Russia says no more hurdles in payments with India

Russia and India have built a functioning payments infrastructure using roubles and rupees. This system now accounts for ninety-six percent of their bilateral trade transactions. Bilateral trade reached seventy billion dollars in 2024, tripling since 2022. Russian businesses previously faced challenges with rupee overhang and trade imbalances. Both nations' banks are actively servicing this growing economic partnership.

2 Sep 2026 9:44 pm
Finance Ministry asks state-owned general insurers to focus on profitable lines of business

Public sector insurers must focus on profitable business lines and lower incurred claim ratios. Greater technology use and digitalisation are encouraged for operational efficiency. Improved customer outreach and social media engagement will enhance product awareness. Companies should increase insurance penetration and reduce protection gaps. Performance monitoring will be strengthened through a standardised KPI framework.

2 Sep 2026 9:35 pm
Goyal calls for resilient supply chains, while Gor stresses fair and reciprocal India-US trade

In a strategic move, India is ramping up its partnerships on critical minerals with countries including the UK and the EU. Trade agreements are under negotiation to secure vital mineral resources. The nation is also enhancing its relationship with the US via initiatives centered on critical minerals. Additionally, the government is working to simplify regulations for high-tech manufacturing, which is expected to reinforce supply chains and elevate domestic production capabilities.

2 Sep 2026 9:35 pm
Karnataka plans $400 billion Bengaluru region economy by 2037

Karnataka plans to expand Bengaluru's economy to $400 billion by 2037. The master plan aims to create millions of new jobs and boost key sectors. It seeks to drive private investment and finance urban transformation through land value capture. The region will be developed as a global hub for technology and advanced manufacturing. Public transport expansion and water security are also key components of this ambitious plan.

2 Sep 2026 9:34 pm
Government plans faster approvals for buildings near airports

The Civil Aviation Ministry is exploring ways to simplify construction approvals near airports. Urban local bodies may soon issue no-objection certificates for building projects. Applicants will receive permissible building heights early in the planning process. This aims to make the approval system hassle-free and transparent for all. Aviation safety requirements will continue to be strictly maintained.

2 Sep 2026 9:21 pm
Himachal teacher shortage leaves 150 schools empty; 3,500 with one teacher

Many Himachal Pradesh schools operate without teachers, and thousands have only one. Remote areas face significant staffing challenges, impacting education delivery. The state government is working to fill vacant teaching positions through rationalization. Despite recent recruitment efforts, numerous schools remain understaffed. A new policy is being formulated for single-teacher school appointments.

2 Sep 2026 9:02 pm
Manipur Assembly urges Centre to update NRC before Census

Manipur Assembly reaffirmed its demand for an updated National Register of Citizens. The Union government deferred census operations in Manipur due to protests. The Manipur High Court also put a hold on census-related exercises. Home Minister Govindas Konthoujam urged leaders to restore peace and trust. The state government remains determined to protect Manipur's integrity.

2 Sep 2026 8:59 pm
In 1666, Great Fire of London destroyed more than 13,000 homes, iconic structures, over 350 years later record wildfires burn homes

Wildfires in England and Wales have hit a record level, fire chiefs said, warning that rescue services were battling to keep up with rising risks a day after fires raced from tinder-dry fields to engulf houses on the hottest day of the year.

2 Sep 2026 8:58 pm
India soon to be 3rd largest wind energy player: Govt official

India will soon surpass Germany to become the world's third-largest wind energy producer. The nation is projected to achieve 107 GW capacity by the year 2030. This energy transition involves building a complete industrial ecosystem and creating skilled jobs. India's domestic turbine-making capacity has significantly grown to 24 GW annually. Wind equipment exports crossed Rs 12,000 crore in FY2025-26, showing strong growth.

2 Sep 2026 8:54 pm
In 2012, Jefferson County SWCD teamed up with local groups to restore Indian-Kentuck Creek. 12 years later, conservation work cut nitrogen pollution by 81,259 pounds a year

Agricultural best management practices improved water quality in the Brushy Fork subwatershed. Nutrient and phosphorus inputs were reduced, benefiting aquatic habitats significantly. Stream segments are now proposed for delisting due to these conservation efforts. Local engagement and sustained implementation drove the project's overall success. These actions demonstrate effective watershed restoration and community stewardship.

2 Sep 2026 8:50 pm
Bowel cancer before 50 may not be the same disease: Heres what happens when it spreads to the liver

A major Australian study of 1,691 patients with advanced bowel cancer has found that younger adults whose cancer had spread to the liver showed important differences in tumor characteristics, genetic mutations and survival compared with patients diagnosed after age 50. The findings suggest that bowel cancer in younger adults may have distinct biological features

2 Sep 2026 8:46 pm
Nepal PM thanks India for flood rescue help after minister seeks compensation, as reconstruction estimates reach billions of dollar

Nepals Prime Minister Balendra Shah has thanked India and China for their assistance after flash floods killed 1,127 people and left nearly 4,900 missing. As rescue operations continue, Nepal is also seeking international accountability over climate-related losses. Foreign Minister Shisir Khanal called for justice and compensation, while Finance Minister Swarnim Wagle estimated reconstruction could cost $4 billion to $5 billion.

2 Sep 2026 8:46 pm
Heads or tails? $1 coin with Trump's face and gold finish to go on sale

The US Mint is releasing special USD 1 coins to commemorate America's 250th birthday. These coins feature President Donald Trump's likeness on one side and the Great Seal on the other. Federal law generally prohibits living presidents on currency, but exceptions exist for special issues. The coins, available for purchase, celebrate American heritage from 1776 to 2026.

2 Sep 2026 8:45 pm
In 2019, this California sea creature was heading toward extinction; scientists raised babies in captivity and returned them to the ocean

White abalone faced extinction due to overfishing and sparse populations. Scientists initiated a captive-breeding program, producing millions of eggs and larvae. Hundreds of juvenile abalone were released into the wild in 2019. A live wild white abalone was recently spotted after five years. This effort offers a chance for the species to reproduce again.

2 Sep 2026 8:45 pm
Quote of the Day by Jane Fonda: The secret of losing weight is Inspiring lessons on fitness, daily routine, consistency, lifestyle and why small habits lead to big results by the American actress known for her powerful performances, fitness influence and deep insights on health, wellness and discipline

Quote of the Day by Jane Fonda: Jane Fondas quote, The secret of losing weight is patience, explores the importance of patience, consistency, realistic expectations, and a balanced approach to health and fitness. The quote suggests that meaningful physical changes take time and that sustainable progress comes from developing healthy habits rather than expecting immediate results. It encourages people to remain committed to their goals while treating themselves with patience and self-respect.

2 Sep 2026 8:44 pm