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The Economic Times

Economy / The Economic Times

Oyster Renewable to complete Rs 350-crore wind-solar project in Andhra Pradesh by December

Oyster Renewable Energy is nearing completion of a 60.9 MW wind-solar hybrid project in Kadapa district. The project will be operational by next month and includes solar and wind energy capacity. The solar capacity has already been commissioned and operational, generating significant electricity annually. Once complete, the project aims to reduce CO emissions considerably each year. Laurus Labs will benefit from reliable renewable power through this hybrid energy initiative.

12 Nov 2026 4:24 pm
The new trends reshaping India's art market

Art Mumbai is back, showcasing a wider array of international exhibitors while highlighting the evolution of art collections. With community initiatives and social media playing pivotal roles, art accessibility and engagement are being transformed in India.

12 Nov 2026 3:43 pm
Fairfax's Rs 52,878-crore IDBI Bank deal sets stage for a financial services powerhouse

Fairfax Financial Holdings has successfully acquired a controlling stake in IDBI Bank for Rs 52,878 crore. The investment aims to redefine IDBI Bank as a comprehensive financial services provider in India and abroad. Fairfax plans to integrate its existing insurance and capital market businesses into IDBI Bank to enhance its offerings. The acquisition reflects Fairfax's strategy of leveraging IDBI Bank's infrastructure for greater market competitiveness.

12 Nov 2026 3:34 pm
Priyanka Chopra gets nervous at Nick Jonas' house, reveals hilarious reason: My house is cute but...

Priyanka Chopra revealed why visiting husband Nick Jonas' house makes her nervous. While her own home has several things that do not work, Nick's house is always spotless. She also recalled her dog peeing on his white carpet. In the same interview, Priyanka revealed how Nick convinced her to get married in India.

12 Nov 2026 3:24 pm
India's 'achievable' FY27 direct tax target faces a make-or-break second half

India's budgeted direct tax collection target for this fiscal year is Rs 26.97 lakh crore. Current collections are at approximately 53 percent of this target as of November 10. Experts flag the need for a rise in corporate tax and advance tax collections in upcoming months. Non-corporate tax collections have shown slower growth compared to corporate tax collections during the same period.

12 Nov 2026 3:11 pm
Ness Wadia backs Juhi Chawla's proposal to start IPL in January, says cricket calendar must allow change

Ness Wadia agrees with Juhi Chawla's suggestion of starting the IPL in January, stressing that it is reliant on the cricketing schedule worldwide. He believes that an earlier start could ease challenges posed by heat and rain in typical months. While he appreciates the idea, he cautioned against adding more teams at this point. Wadia emphasized the IPL's potential for growth, noting its relative youth among international leagues.

12 Nov 2026 3:03 pm
Union Minister K Rammohan Naidu praises 'Modinomics' for India's economic growth at CII Summit

Union Minister K Rammohan Naidu emphasised India's economic growth during the 31st CII Partnership Summit in Visakhapatnam. He attributed this growth to the leadership of Prime Minister Narendra Modi, coining the term 'Modinomics'. Naidu highlighted the transformation in global economic landscapes and emphasized India's potential with its young population and innovation capabilities. He mentioned the civil aviation ministry's extension of the UDAAN scheme aimed at enhancing connectivity.

12 Nov 2026 3:00 pm
For 15 years, a bronze sculpture lay under a sheet in an unused Paris apartment; the Camille Claudel work later sold for 3.1 million

An abandoned Parisian apartment reveals an extraordinary artistic treasure: a long-lost bronze sculpture by French sculptor Camille Claudel, discovered after 15 years of neglect. Titled The Age of Maturity, the sculpture reflects themes of love, loss and personal struggle, possibly drawing inspiration from Claudels relationship with Auguste Rodin. Authenticated by experts, the masterpiece sold for 3.1 million, highlighting Claudels growing recognition and the renewed appreciation of her artistic

12 Nov 2026 3:00 pm
Indias Russian fossil fuel imports hit record

India was the second-largest buyer of Russian fossil fuels in October, purchasing hydrocarbons worth 6.4 billion, according to a monthly analysis by the Centre for Research on Energy and Clean Air (CREA). It was Indias highest monthly total in data going back to January 2022.Crude oil accounted for 91% of Indias purchases at 5.8 billion. Coal imports were worth 333 million, while oil products accounted for 232 million.Indian refineries raise Russian crude purchasesIndias imports of Russian crude

12 Nov 2026 2:55 pm
KL Rahul invests in PlayBlue, joins as brand ambassador ahead of flagship store launch

KL Rahul will invest in PlayBlue, a multi-brand sports retail venture launching its flagship store on November 14. The flagship store in Bengaluru will feature over 75 brands, including apparel and sporting equipment. PlayBlue aims to create an integrated platform that offers expert guidance and experiential retail for consumers. It plans to expand its presence to more than 100 stores across India over the next five years.

12 Nov 2026 2:52 pm
RBI plans curbs on private equity firms controlling stakes in multiple non-bank lenders: Report

India's central bank is working on new rules to prevent private equity firms from holding controlling stakes in multiple non-bank lenders. The proposal aims to mitigate potential financial risks stemming from global private equity firms' investments. While larger stakes will attract greater scrutiny, smaller investments are encouraged to support growth in the financial sector. Recent data shows significant foreign investment in non-bank lenders, highlighting strong demand for credit.

12 Nov 2026 2:45 pm
GAIL, KRIBHCO explore $1.6 billion urea plant in Andhra Pradesh

GAIL (India) and KRIBHCO have signed an agreement to explore constructing a urea plant in Andhra Pradesh. The plant is expected to generate direct and indirect job opportunities for local residents. Officials aim to set up a facility producing 1.27 million tons of urea per year in Srikakulam. The state government will support the initiative by providing land and infrastructure.

12 Nov 2026 2:34 pm
Did Ariana Grande just make her relationship with Ricky Alvarez official on the red carpet?

Ariana Grande and Ricky Alvarez have taken their romance from Instagram to the red carpet. The two, who dated from 2015 to 2016, triggered dating rumours in June 2026 after they were spotted together. Grande later shared a playful video with Alvarez, and they have now made their red carpet debut as a couple at the New York premiere of Focker-in-Law.

12 Nov 2026 2:15 pm
Reliance plans Rs 43,000 cr coal gasification project in Andhra Pradesh, document shows

Reliance Industries is set to invest approximately 430 billion rupees in Andhra Pradesh for a coal gasification project. This project aims to create 5,000 direct and 35,000 indirect jobs, while attracting further investments over its lifetime. The first phase will involve exploration and pilot demonstrations to establish the project's feasibility. An additional investment of approximately 400 billion rupees will follow if the first phase proves successful.

12 Nov 2026 1:27 pm
Use FTAs to build joint ventures, explore investment opportunities: CII President to industry

R Mukundan, the CII President, stressed the crucial role of Free Trade Agreements (FTAs) in fostering joint ventures and enhancing investment prospects. He noted India's resilient economic growth, even faced with global challenges like geopolitical tensions and elevated energy prices. The broadened scope of India's FTAs promises to enrich economic interactions and spur advancements in emerging technologies such as AI and biotechnology.

12 Nov 2026 1:21 pm
Temasek to invest 2,5K cr in Godrej fin arm

India's Godrej Industries on Thursday said Temasek Holdings will invest 25 billion rupees ($266.98 million) through its affiliate, in Godrej Capital, valuing the financial services business at up to 280 billion rupees.The Singapore state-owned investment firm will retain about 80% ownership following the deal.

12 Nov 2026 1:18 pm
Usher and Chris Brown cancel more R&B Tour shows: Which concerts are still on and how to get refunds

The R&B Tour featuring Usher and Chris Brown has unfortunately led to the cancellation of several shows in November and December, attributed to health concerns. Fans whose shows were cancelled can expect automatic refunds processed within 14-21 days, depending on their bank. While some dates are affected, many performances in major cities will remain as planned.

12 Nov 2026 1:16 pm
Zydus Lifesciences completes 50:50 JV transaction with Sunshine Healthcare Lanka

In a significant strategic move, Zydus Lifesciences Ltd has secured a 50 percent interest in Zydus Sunshine Lifesciences Pvt Ltd, forging a joint venture with Sunshine Healthcare Lanka Limited. This partnership was concluded on November 11, 2026, following a timeline extension that pushed the original closing date from June 26, 2026, to December 2026.

12 Nov 2026 1:12 pm
Bank earnings rise 20% in Q2 as lower provisions, healthy income growth support performance: Kotak

Indian banks are projected to benefit from a rising interest rate cycle and favorable loan mix in upcoming quarters. Earnings growth is anticipated to be supported by an increase in net interest income and lower provisions. Private banks are expected to lead in earnings increases compared to public sector banks, reflecting varied growth rates.

12 Nov 2026 1:02 pm
NIA to probe online radicalisation of youths by Pakistan-based gangster

The National Investigation Agency is probing the online radicalisation of Indian youths linked to terrorist activities. This stems from a case registered by the Uttar Pradesh Anti-Terrorist Squad in April. Eight accused have been identified, including Shahzad Bhatti, who is associated with the ISI. The investigation revealed plans for major disruptive acts by Pakistani sleeper cells in India. Authorities aim to disrupt these operations to maintain internal peace and harmony.

12 Nov 2026 12:56 pm
Mahabharat's Nitish Bharadwaj slams Ramayana as a masala film but says an actor was its small saving grace

Mahabharat actor Nitish Bharadwaj criticised Nitesh Tiwari's Ramayana: Part One, calling it a 'masala film' that misleads young audiences. He questioned its portrayal of Ravan, the authorship of the Ramayan and the Ashvamedh horse sequence. However, he praised Arun Govil's portrayal of King Dasharatha, calling it the film's 'small saving grace'.

12 Nov 2026 12:45 pm
Lupin partner Sandoz launches RanluspecTM across Europe for retinal disease treatment

Lupin Ltd has partnered with Sandoz to launch RanluspecTM, a biosimilar for Ranibizumab, across Europe. This launch will help to improve access to treatments for retinal and choroidal vascular diseases. The European Commission previously approved RanluspecTM in vial and syringe-filled presentations for medical use. The biosimilar targets conditions such as wet age-related macular degeneration and diabetic macular edema.

12 Nov 2026 12:21 pm
CM Yogi Adityanath promotes UP's 'bulldozer brand', invites CNH to manufacture them alongside tractors

Chief Minister Yogi Adityanath advocated for CNH Industrial to manufacture bulldozers in Uttar Pradesh alongside tractors. He emphasised the positive transformation of the state since 2017 under the Modi-led government. Adityanath attributed improvements in law and order to a strong government policy against crime and criminals. The state has become a favorable destination for business investments, attracting foreign companies. He acknowledged local contributions to the region's development, esp

12 Nov 2026 11:44 am
Anthony Clark's last post -pressured to be a trucker- resurfaces after his death at 62. What was Yes, Dear star's net worth

Yes, Dear actor Anthony Clark died at 62, prompting his former co-star Mike O'Malley to share an emotional tribute. A humorous 2012 tweet about being pressured to become a trucker also resurfaced. According to Celebrity Net Worth, Clark had an estimated net worth of $5 million and reportedly retired after Yes, Dear ended.

12 Nov 2026 11:41 am
HFCL secures Rs 834 crore export orders, eyes AI data centre demand

Telecom gear maker HFCL has announced an export order worth approximately Rs 834.36 crore. This order is for supplying optical fibre cables to an unnamed international customer. The completion of the order is projected by June 2027, reaffirming client confidence in the company's capabilities. Additionally, HFCL's consolidated profit has dramatically increased, driven by demand from AI data centres.

12 Nov 2026 11:06 am
12 Nov 2026 9:54 am