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The Economic Times

Economy / The Economic Times

Gen Z is breaking workplace salary taboos: Reddit post sparks debate over why young employees openly discuss pay

Gen Z employees today are embracing open dialogue around salaries and financial goals, shaking up traditional workplace dynamics. In contrast, older employees often find this trend surprising and unsettling. This shift towards salary transparency could enhance workplace relations and minimize salary gaps. As Gen Z redefines workplace values, our views on compensation and expectations may undergo significant transformation.

31 Aug 2026 11:26 pm
ONGC can withstand oil prices in $60-90 range, says chairman

ONGC chairman Arun Kumar Singh stated the company is prepared for oil prices between $60-90 per barrel. The company's integrated operations help offset gains or losses linked to crude price variations. ONGC plans to expand its renewable energy portfolio to 30% over the next decade. A global oil trading joint venture is planned for establishment by year-end. Significant investment is earmarked for deepwater exploration, targeting 87 wells by 2030-31.

31 Aug 2026 11:24 pm
NCLT forms 5-member bench to decide on Subhash Chandra's Rs 6.5 crore repayment plan

A new five-member bench will decide Subhash Chandra's repayment plan. This personal insolvency case involves claims exceeding twenty-two thousand crore rupees. A previous division bench failed to reach a majority verdict on the plan. Dissenting lenders have approached the insolvency appellate tribunal regarding the matter. The bench will commence hearings on Tuesday morning.

31 Aug 2026 11:09 pm
Bank credit to industry rises 20 percent in July: RBI data

Bank credit to industry grew by twenty percent in July, while agriculture advances expanded faster. Non-food bank credit saw nineteen point one percent growth year-on-year. Large and medium industries experienced accelerated credit growth, and micro and small industries showed steady expansion. Services sector credit grew by twenty-two point nine percent, supported by financial companies and trade.

31 Aug 2026 10:56 pm
Adulthood pleasure experiences get affected by childhood traumas you face. Can the brain be rewired to change behaviour? Neuroscience explains

New research suggests childhood trauma may be linked to difficulties experiencing pleasure in adulthood through changes in brain pathways involving the hippocampus, a region usually associated with memory. The study found that people with a history of childhood trauma and disrupted hippocampal pathways reported more anhedonia, while researchers say further work is needed to determine whether these changes can be targeted to improve motivation and pleasure.

31 Aug 2026 10:45 pm
24g protein, 15g fibre: Mumbai nutritionist shares healthy and crunchy chickpea wrap recipe for a filling meal

Mumbai-based nutritionist Vanshika Khurana has shared an exciting chickpea wrap recipe that serves as a delicious and wholesome replacement for store-bought meals. Packed with high levels of protein and fiber, this dish begins with roasting chickpeas and blending a creamy dressing. The completed wrap, made with a whole-wheat tortilla, promises to deliver a fulfilling and nourishing dining experience.

31 Aug 2026 10:40 pm
Mankind Pharma divests entire stake in Broadway Hospitality to AKRK Projects

Mankind Pharma has completed the sale of its entire stake in Broadway Hospitality Services. The transaction involved transferring 100 percent ownership to AKRK Projects LLP and its partners. This divestment officially concluded on August 31, 2026, as per the company's filing. Broadway Hospitality Services is no longer a wholly-owned subsidiary of Mankind Pharma. The total consideration for this divestment was reported as Rs 49 crore.

31 Aug 2026 10:33 pm
Harvard-trained gut doctor shares 7 habits he changed at 34 that helped him feel healthier at 44

At thirty-four, Harvard-trained Dr. Saurabh Sethi embraced seven pivotal lifestyle shifts. He advocates for post-meal walks to help regulate blood glucose. Incorporating over thirty varied plants in a weekly diet bolsters gut health and nutrient absorption. He recommends completing dinner at least three hours before bedtime to ensure better nighttime glucose control and minimize reflux. Ensuring seven to nine hours of sleep is also crucial for blood sugar and appetite regulation.

31 Aug 2026 10:30 pm
Karnataka food safety department inspects sweet units, seizes food products worth Rs 6 lakh

Karnataka food safety officials seized products valued at Rs 5.99 lakh during a special inspection drive. The drive targeted sweet manufacturing units across several districts on August 31. Expired curd and improperly labelled chocolate decorations were among the seized items. Misbranded food products lacking mandatory details were also confiscated by authorities. The department will initiate legal action against establishments found violating food safety standards.

31 Aug 2026 10:09 pm
In 1994, only a few hundred swift foxes remained. 30 years later, reintroduction campaigns restored populations to thousands across the Great Plains

Conservationists have successfully reversed dramatic wildlife declines through dedicated efforts. Bold partnerships and investments have brought species back from the brink of extinction. The bald eagle and California condor exemplify these remarkable recovery achievements. These successes demonstrate the power of investing in wildlife conservation initiatives. Such collaborative work prevents species from becoming endangered in the first place.

31 Aug 2026 10:04 pm
Quote of the day by Nikola Tesla: 'A new idea must not be judged by...' Life lessons from inspiring quote on true innovations, real value, patience, persistence, and long-term vision

Quote of the day by Nikola Tesla, A new idea must not be judged by its immediate results, explains why new ideas need time before their value can be understood. The quote from Teslas 1919 autobiography My Inventions focuses on patience, persistence, long-term vision and trust in creative work. Teslas own career also shows how inventions can face rejection, financial problems and doubt before influencing technology.

31 Aug 2026 10:03 pm
Donald Trump vows to hit Iran hard after first exchanges of fire in a month

Iran launched missiles at two United States air bases in Jordan overnight. This action followed a United States strike on Iran's Larak Island earlier. United States President Donald Trump vowed a strong response to the Iranian missile attacks. New United States economic sanctions are reportedly impacting Iran's struggling economy. Both nations are engaged in escalating hostilities and retaliatory actions.

31 Aug 2026 10:01 pm
Former finance minister Altaf Bukhari slams Jammu and Kashmir Bank for anti-J&K policies

Altaf Bukhari criticizes J&K Bank's perceived partisan approach towards the union territory. He suggests the bank's focus has shifted away from Kashmir's credit growth. Bukhari also expressed concerns about job opportunities for local youth. He questioned the representation of J&K people on the bank's board. Reports of shifting the bank's headquarters from Srinagar were also mentioned.

31 Aug 2026 9:57 pm
In 2016, the Living Bog Project began restoring 750 hectares of Irelands raised bogs. 10 years later, over 6,300 peat dams have helped bring pioneer bog vegetation back

The Living Bog Project began Ireland's largest raised bog restoration in 2016. This initiative aimed to recreate over 750 hectares of active raised bog habitat. Peat dams were installed to block drains and restore water flow to the bogs. Pioneer vegetation and species returned as restoration work progressed across 12 sites.

31 Aug 2026 9:55 pm
Companies Compliance Facilitation Scheme extended till September 15

The Companies Compliance Facilitation Scheme has seen a two-week extension, allowing companies more time to fulfill their statutory filing obligations. Stakeholders voiced their need for this additional compliance window to the Ministry of Corporate Affairs. Now, businesses can rectify any pending submissions in the MCA-21 registry, as they have until September 15 to take advantage of this second extension.

31 Aug 2026 9:54 pm
In 1870, a New York millionaire secretly built a 300-foot underground railway. Decades before the city's modern subway network took shape, people forgot it existed

Long before New York Citys modern subway system opened in 1904, a millionaire had already built a secret underground railway beneath Broadway. The unusual pneumatic transit experiment drew hundreds of thousands of riders but ultimately disappeared after political opposition and an economic crisis brought the ambitious project to an end.

31 Aug 2026 9:43 pm
India's services exports rise 13.4% to USD 38.25 billion in July: RBI

India's services sector saw a remarkable expansion in July, with exports climbing 13.4% to USD 38.25 billion alongside a 19.1% rise in imports to USD 20.61 billion. This development yielded a services trade surplus nearing USD 17.65 billion. For the period from April to July, total services exports stood at USD 145 billion, and imports were at USD 75.14 billion.

31 Aug 2026 9:39 pm
Food inflation composition shifts as protein-rich items, processed foods drive price pressures: Finance Ministry Report

India's food inflation is undergoing a shift in its composition, with protein-rich items, processed foods and edible oils emerging as major contributors to price pressures, even as the persistence of El Nino conditions raises risks for crop yields and food prices, noted the Monthly Economic Report of August 2026 released by the finance ministry.

31 Aug 2026 9:36 pm
Subhash Chandra Rs 22,000 cr case: NCLT fails to get majority view on insolvency plan with 99.7 percent haircut

Subhash Chandra's insolvency case: The National Company Law Tribunal has not issued a final order in the Rs 22,000 case. A two-member bench could not reach a majority verdict due to a third member's differing opinion. The matter has been sent back to the NCLT President for further direction. This personal insolvency case involves claims exceeding twenty-two thousand crore rupees. The President may appoint another member or issue an order to resolve the deadlock.

31 Aug 2026 9:29 pm
Pace of gold loan expansion slows as banks adjust to new regulations

Bank gold loans grew significantly, though at a slower pace. Personal loans also saw increased growth, driven by housing and vehicle financing. New regulations adjusted loan-to-value ratios and repayment tenures for gold loans. Housing and vehicle loans experienced notable year-on-year increases in their outstanding amounts. Overall bank credit expanded robustly, with services sector leading the growth.

31 Aug 2026 9:08 pm
ECL seals Khandra mine after surface cracks near Nilkanth Temple

Eastern Coalfields Limited is implementing safety measures at Khandra Colliery. Surface cracks were observed near Nilkanth Temple on July 28, 2026. Unauthorised structures hinder effective surface filling and may cause air ingress. Sealing the mine from the surface is a proactive safety intervention. The company is monitoring the situation and ensuring employee safety.

31 Aug 2026 9:05 pm
ONGC to enter oil trading, build strategic reserves as upstream remains core

ONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Exploration and production remain ONGC's central strategic focus. The company will spend one lakh crore on deepwater drilling by 2031. This expansion aims to strengthen supply security and extract more value.

31 Aug 2026 8:55 pm
Quote of the day by Prince Harry: 'Is each generation doomed to unwittingly repeat the sins of the last?' A life lesson on not repeating the mistakes of previous generation by the Duke of Sussex

Prince Harrys Quote of the Day from his memoir Spare raises a striking question about whether people unknowingly repeat the mistakes and patterns of previous generations. The words take on added significance when viewed against Harrys childhood, his relationship with the Royal Family, his experiences with intense media scrutiny and the very different path he later chose for himself and his family.

31 Aug 2026 8:41 pm
In 1937, a fake doctor bought an Arkansas hotel and converted it into a hospital. Many people died. Now spirits of the victims are said to haunt this place.

The Crescent Hotel, established in 1886, was a luxurious retreat for wealthy visitors drawn to its healing springs. However, it became a notorious site when Norman G. Baker opened a bogus cancer hospital there, resulting in numerous tragic deaths. Reports of ghostly encounters, especially linked to a stone mason named Michael in Room 218, unveil lingering spirits that frighten guests who feel an unsettling watchfulness.

31 Aug 2026 8:36 pm
AIIMS to conduct CRE-5 exam on September 7 after power failure at Jaipur Centre

AIIMS will re-conduct an examination disrupted by a power failure. Candidates affected at the Jaipur centre will take the exam again. This re-examination is scheduled for September 7, 2026. Revised admit cards will be issued shortly through the examination portal. All original terms and conditions remain applicable for the re-examination.

31 Aug 2026 8:32 pm
Karnataka to accelerate rooftop solar rollout across government buildings

Karnataka will speed up rooftop solar installations on government buildings. The Public Works Department will survey suitable buildings for this initiative. Two models, RESCO and CAPEX, will facilitate project implementation. Government departments will benefit from reduced electricity costs and revenue. This program aims to lower carbon emissions and improve energy sustainability.

31 Aug 2026 8:29 pm
At 17, he became the youngest person to fly solo across 52 countries and 5 continents. Meet Belgian teen pilot who battled challenging weather and difficult landings, making history. Just follow your dreams

Mack Rutherford achieved a groundbreaking milestone by becoming the youngest individual to fly solo around the globe. His incredible journey took him through 52 countries and across 5 continents, all while he skillfully navigated various challenges over a span of six months. Facing harsh weather conditions and making unexpected landings, Rutherford's extraordinary adventure serves as an inspiration for the youth to chase their ambitions.

31 Aug 2026 8:09 pm
TCS iON flags unknown electrical issues behind Jaipur NEET-PG exam outage

Internal power failures at a Jaipur TCS iON exam centre disrupted NEET-PG and AIIMS CRE tests. Unknown local electrical issues caused these significant disruptions for many candidates. Authorities and TCS iON are working to resolve the problems and prevent future occurrences. The NEET-PG exam was rescheduled for all affected candidates at the centre. Candidates reported repeated system crashes during the examination process.

31 Aug 2026 7:59 pm
RBI's forex forward book swells to record $136.7 billion

The Reserve Bank of India reported that its foreign exchange forward position hit a new record in July, fueled by enticing measures that drew overseas deposits. This remarkable growth not only surpassed last months statistics but also eclipsed the previous peak from May, indicating a robust inflow of dollars into the nations financial system.

31 Aug 2026 7:53 pm
Muthoot Finance approves Muthoot Money merger to create larger gold loan business

In a move to strengthen its market position, Muthoot Finance plans to incorporate Muthoot Money, its wholly-owned subsidiary, into its operations. This merger is designed to foster operational synergies and improve resource allocation. It is expected to streamline the management structure and optimize operational costs, thereby building a more competitive gold loan venture. The plan is subject to approvals from the Reserve Bank of India and various authorities.

31 Aug 2026 7:50 pm
In 2010, Alaska Clean Harbors launched a statewide effort to curb harbor pollution. 15 years later, 11 harbors were engaged in the program, helping protect coastal waters

Alaska Clean Harbors works with communities to prevent pollution and reduce waste. Four harbors achieved certification, and three are working towards it by November 2025. The program offers free technical assistance and resources to participating harbor staff. Best management practices are implemented to protect water quality and reduce waste. Future grants will continue this important work through 2027.

31 Aug 2026 7:50 pm
ONGC to invest Rs 1 lakh crore for deepwater exploration, says chairman

Oil and Natural Gas Corporation plans a significant investment over five years. The company will explore local deepwater and ultradeep water fields. ONGC intends to drill eighty-seven wells by March 2031. This initiative aims to tap India's vast untapped oil and gas reserves. Major discoveries are needed to counter declining production output.

31 Aug 2026 7:49 pm
Quote of the Day by Freddie Mercury: You can have everything in the world and still be Inspiring lessons on money, wealth, companionship, solitude and why loneliness can exist even in a crowd by the British singer known for his powerful performances and deep insights on life and human nature

Quote of the Day by Freddie Mercury: Freddie Mercurys quote, You can have everything in the world and still be the loneliest man, explores the complex relationship between success, fame, wealth, and emotional fulfillment. The quote suggests that having material wealth, public admiration, and worldly success does not always guarantee happiness or meaningful companionship. Even when a person appears to have everything, they may still experience loneliness if they lack genuine love, emotional conne

31 Aug 2026 7:47 pm
Neelam Kothari and husband Sameer Sonis Mumbai home features a striking all-white exterior, warm pastel interiors, a London-inspired entertainment room, a dedicated bar, a cosy tea corner and plenty of indoor greenery

Neelam Kothari house tour: Filmmaker Farah Khan visited Neelam Kothari and Sameer Soni's spacious Mumbai residence. The home featured an all-white exterior and warm, understated interiors. Farah Khan expressed surprise at the house's considerable size during her visit. The tour revealed an entertainment room with London vibes and a dedicated bar. The episode concluded with a gift exchange and a shared meal.

31 Aug 2026 7:46 pm
Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT order

Dissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan proposes a Rs 6.5 crore payment against creditor claims. Lenders argued that five entities linked to Chandra's family improperly influenced the voting process. The NCLT approved the plan after a third member ruled in its favor. The appellate tribunal will now hear the lenders' challenge on Tuesday.

31 Aug 2026 7:42 pm
7-month-old baby was trapped in a burning Stockton, California apartment in 2018, then 8-month-old pit bull Sasha alerted her mother and dragged her to safety

A pit bull named Sasha alerted her family to a house fire. The quick-thinking dog then dragged a baby to safety by her diaper. Flames engulfed the apartment building, destroying most of the four-plex. Firefighters arrived and managed to save a portion of the structure. The family hopes this story changes negative perceptions of pit bulls.

31 Aug 2026 7:42 pm
In 1987, Bion 8 carried monkeys Yerosha and Dryoma for 13 days; Yerosha escaped part of his restraints before the capsule landed 1,850 miles off target

The Soviet Bion program studied weightlessness effects using rhesus macaques. Bion 8 launched in 1987 with two monkeys, Yerosha and Dryoma. Despite hardware issues and a landing mishap, significant scientific data was collected. Experiments revealed nervous system adaptations to microgravity conditions. Lessons learned improved subsequent Bion missions and animal space research.

31 Aug 2026 7:40 pm
In 1998, PA DEP listed 67 miles of Warrior Run for siltation and flow problems. 26 years later, 8.5 miles were delisted after farmers and agencies improved water quality

Warrior Run water quality has improved after years of work across Pennsylvanias agricultural watershed. In 1998, the state listed 67 miles for siltation and flow problems. Now, 8.5 miles have been removed from the impaired list. Farmers, conservation groups and agencies helped reduce sediment and improve water conditions. The change took 26 years, but it offers a clear example of how steady conservation can restore damaged streams.

31 Aug 2026 7:32 pm
US Open 2026: Novak Djokovic suffers shock first-round defeat to Mariano Navone

Novak Djokovic experienced his earliest Grand Slam exit in twenty years. He lost to Mariano Navone in a grueling five-set match. Djokovic struggled physically throughout the contest and appeared distressed. Navone capitalized on Djokovic's declining condition for a career-defining victory. This surprising defeat opens up the US Open draw significantly.

31 Aug 2026 7:30 pm
In 2023, Rice researchers flashed mixed waste plastic for about 4 seconds at 3,100 K; the process recovered up to 68% of its hydrogen at purities reaching 94% and produced graphene

A group of researchers has pioneered a groundbreaking technique that transforms landfill plastic into hydrogen gas, a valuable energy source. By employing flash Joule heating, this process effectively disintegrates plastic waste, resulting in a cleaner alternative for hydrogen production. Additionally, it produces graphene, a byproduct that can finance the hydrogen generation costs entirely, thus tackling plastic pollution and energy challenges simultaneously.

31 Aug 2026 7:30 pm
12-year-old wins $2,120 for a smartphone grip that becomes a breathing mask and she plans to donate prize to developing countries

A 12-year-old inventor Kim Ji On has won a $2,120 prize for creating a smartphone breathing mask inspired by a deadly hotel fire. Her emergency breathing mask is built into a smartphone grip, allowing it to be used during a fire. The young inventor plans to donate her youth invention festival prize money $2,120 to help people in developing countries.

31 Aug 2026 7:26 pm
Q1 GDP print shows domestic momentum strong but global risks remain a concern: CEA Nageswaran

India's domestic economic momentum remains strong in the near term, but uncertainties over global interest rates, energy supplies and food prices could weigh on growth going forward, India's Chief Economic Advisor, V Anantha Nageswaran said on Monday. He said the economy had demonstrated considerable resilience despite geopolitical disruptions and external shocks, but warned that global developments could eventually have an impact on domestic activity.

31 Aug 2026 7:23 pm
Mayday OTT release date is here: When and where to watch Ryan Reynolds starrer buddy action-comedy set during Cold War

Ryan Reynolds and Kenneth Branagh are teaming up for Mayday, a new action-comedy that combines Cold War intrigue, high-stakes action and plenty of humour. The film brings the two actors together in an unusual buddy pairing and promises a mix of adventure and comedy. Heres everything to know about Mayday, including its OTT release date, streaming platform, cast and story.

31 Aug 2026 7:22 pm
Indian businesses redesigning supply chain to capture new growth opportunities: Report

Indian businesses are actively redesigning supply chains for resilience and growth. Supplier diversification and strategic inventory are key priorities for companies. Technology adoption and entry into new markets are also significant drivers. India's trade growth will be defined by resilience and connectivity. Businesses are positioning inventory closer to customers for better market access.

31 Aug 2026 7:20 pm