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The Economic Times

Economy / The Economic Times

Newly unbound, Trump weighs more nuclear arms and underground tests

The United States is considering deploying more nuclear weapons and conducting a nuclear test. This follows the expiration of the last nuclear treaty with Russia. These actions could reverse decades of nuclear control. President Trump has instructed aides to resume testing. Details of the potential deployments and tests are not yet specified.

10 Feb 2026 6:50 am
IRS tax refunds: This strategic change in filing income tax to bring more refunds. Details here

IRS tax more filers may want to contemplate itemizing because of other changes, namely, a more generous deduction on state and local taxes known as SALT.

10 Feb 2026 6:45 am
US-India deal to make sure only Indian and American products get the benefits, White House says

The US and India have agreed on a framework for an interim reciprocal trade deal, aiming for balanced market access and tariff reductions. This arrangement seeks to benefit both nations by expanding trade, aligning economic and national security priorities, and deepening bilateral cooperation.

10 Feb 2026 6:35 am
Quote of the Day by Marilyn Monroe: We should all start to live before we get too old. Fear is stupid. So are regrets

Marilyn Monroes quote, We should all start to live before we get too old. Fear is stupid. So are regrets urges people to live fully without waiting for the right time. It delves into how her words challenge fear and regret, two forces that often prevent individuals from pursuing happiness and purpose. Drawing from Monroes life and outlook, the synopsis emphasizes why her message remains intensely relevant today.

10 Feb 2026 6:30 am
Democrats and White House trade offers as shutdown of Homeland Security looms

Democrats and the White House are negotiating new rules for immigration enforcement. Discussions are happening as funding for the Department of Homeland Security is set to expire soon. Democrats want stricter guidelines for agencies like ICE. Republicans have their own demands. A potential government shutdown looms if an agreement is not reached.

10 Feb 2026 6:20 am
Actis enters race to re-acquire Sprng Energy from Shell at $2 billion valuation

Actis LLP is making a move to buy back Sprng Energy from Shell. This clean energy platform was originally set up by Actis. Other major players like Aditya Birla Group and KKR are also in the race. Final bids are expected soon. The deal could value Sprng Energy at up to $2 billion.

10 Feb 2026 5:50 am
Amazon is coming up with AI marketplace? All eyes on AWS conference on Tuesday

Amazon AI marketplace: Ahead of an Amazon Web Services conference on Tuesday, AWS has circulated slides that mention a content marketplace.

10 Feb 2026 5:44 am
S&P 500 nears all-time high, Dow Jones, Nasdaq make solid gains, gold price, silver rate, Bitcoin price jump big

Nvidia share price was up 2.4 per cent and Broadcom stocks jumped 3.3 per cent. They were two of the strongest forces pushing the S&P 500 upward.

10 Feb 2026 5:39 am
Hillhouse set to buy 5% in Quest Global

Asia-focused Hillhouse Investment Management is nearing a deal to acquire a 5% stake in Quest Global. The engineering services firm is valued at approximately $4.5 billion. This investment is part of Quest Global's pre-IPO fundraising. Singapore's Temasek may also secure a smaller stake. Quest Global is also considering a reverse flip to list on Indian stock exchanges.

10 Feb 2026 5:30 am
ChatGPT caricature trend goes viral: How to turn yourself into a cartoon

A new ChatGPT trend is sparking in social media, letting users transform regular photos into exaggerated cartoon-style caricatures. By uploading a picture and giving a prompt like Create a caricature of me, the AI generates playful portraits highlighting facial features, work settings, and personality traits. Popular among teachers, journalists, and office workers, the trend has rapidly gained traction.

10 Feb 2026 4:30 am
Catherine OHaras cause of death revealed ten days after beloved actresss passing

Catherine OHara, renowned for her roles in Home Alone, Beetlejuice, and Schitts Creek, passed away at 71 on January 30, 2026. Ten days later, her death certificate revealed a pulmonary embolism as the immediate cause, with rectal cancer listed as an underlying factor. Tributes poured in from fans and co-stars, including Macaulay Culkin: Mama. I thought we had time. I wanted more.

10 Feb 2026 3:29 am
Juttttttttttaaaaaaaa. I cant stop crying: Jake Paul breaks down in tears as Fiance Jutta Leerdam wins her first Olympic Gold

Jutta Leerdam finally won the gold medal she had been chasing for years, achieving victory in the womens 1,000 meters at the Milan Cortina 2026 Winter Olympics. She set an Olympic record with a time of 1:12.31 and celebrated by blowing kisses to her fianc, Jake Paul. Leerdam outpaced Japans Miho Takagi, the 2022 Olympic champion, and thrilled Dutch fans in the stands.

10 Feb 2026 2:40 am
Who is Mia Brookes, the 19-year-old snowboarder and Big Air Finalist at the Winter Olympics

Mia Brookes, the 19-year-old British snowboarder, has made a strong Olympic debut at the 2026 Winter Games, qualifying third in the Big Air final after two powerful runs. Originally from Sandbach, Cheshire, Brookes began snowboarding at 18 months and developed her skills at Kidsgrove Ski Centre under the guidance of her grandfather and family. At 16, she became the youngest snowboarding world champion, earning recognition as the BBC Young Sports Personality of the Year.

10 Feb 2026 1:55 am
Why is silver price rising fast by 6.3% and will it surpass $100 mark soon or drop sharply again? Silver rise, analysts insights and market outlook explained. Here's what should investors do now

Why is silver price rising fast by 6.3% and will it surpass $100 mark soon or drop sharply again? Silver climbed over 6% after strong gains last week. Market watchers cite a softer dollar, Chinas central bank gold purchases, U.S. economic data, and supply shortages as key drivers.

10 Feb 2026 1:55 am
Indias fast-growing economy to support banking sector stability: Moodys

India's banking sector outlook is stable. Moody's Ratings projects low non-performing assets. Robust economic growth will support the sector's fundamentals. Profitability is expected to remain stable. Loan growth will align with deposits. Banks are well-capitalised. Strong economic growth will support asset quality.

10 Feb 2026 1:02 am
Ajanta may raise Rs 2,000 crore to buy Restaurant Brands Asia

The promoter group is looking to raise about 2,000 crore through a combination of promoter-level borrowing and debt at the operating company, according to people familiar with the discussions.

10 Feb 2026 1:02 am
Areion Group wins Rs 936-crore bid for Aviom India Housing Finance despite higher Unity SFB offer

Areion Group secured the winning bid for Aviom India Housing Finance. Secured lenders unanimously backed Areion's Rs 936-crore offer. This plan offers lenders a recovery of about 65%. Unity Small Finance Bank had placed a higher bid but with conditions. Lenders preferred Areion's unconditional offer for certainty of recovery.

10 Feb 2026 12:56 am
New I-T rules, forms by March; Income Tax Act to take effect from April 1, 2026

While income tax returns under the new Act will be filed by taxpayers in July 2027, under the new rules the forms, including advance tax and tax deduction at source, will come into force by April 1, 2026. The new rules, which overhaul employee perquisite valuation, will be applicable to salaried taxpayers under both the old and the new tax regimes.

10 Feb 2026 12:53 am
Digital frauds drop as banks step up vigil

Amid a wave of rising AI-generated frauds, banks and regulators are responding with strengthened security controls, multi-factor authentication, real-time fraud-monitoring systems and customer awareness campaigns. As a customer protection measure, the RBI in its February Monetary Policy announced compensation of up to Rs 25,000 for small-value payment frauds if the customers are genuinely cheated.

10 Feb 2026 12:53 am
NHB pushes for lower home loan rates, lenders delay cuts till April

The National Housing Bank is pushing housing finance companies to lower lending rates for customers. However, these companies plan to wait until April for their internal benchmarks to be reset before making significant rate cuts. Some lenders have already made minor reductions. This move aims to pass on reduced borrowing costs to existing borrowers.

10 Feb 2026 12:51 am
BJP emerges as largest party in Maharashtra zilla parishad, panchayat samiti polls

The Bharatiya Janata Party has secured victory in the Maharashtra zilla parishad and panchayat samiti elections. BJP emerged as the leading party, winning a significant number of seats. This electoral success reinforces the party's strong presence across urban, semi-urban, and rural areas of the state. The results indicate a widespread mandate for the BJP.

10 Feb 2026 12:44 am
Big opportunities open up with FTAs: Tata Sons Chief N Chandrasekaran

Tata Sons chairman N Chandrasekaran expressed optimism about India's trade deals with the EU, UK, and US, foreseeing significant opportunities. He spoke at the inauguration of Tata Motors and Jaguar Land Rover's integrated manufacturing plant in Tamil Nadu, which will produce 300,000 vehicles annually, including electric models and high-end vehicles like the Range Rover Evoque.

10 Feb 2026 12:44 am
Europe steel prices to remain higher for longer: Tata Steel

European steel prices are expected to increase significantly in the coming years. New carbon emission regulations and tariffs are driving this structural shift. Tata Steel sees improved profitability in its Netherlands operations due to these changes. The company anticipates positive developments for the UK steel industry soon. Tata Steel's Indian operations continue to grow robustly.

10 Feb 2026 12:41 am
Reasi ropeway cant be pushed through against stakeholders' will: J&K deputy CM

Jammu and Kashmir Deputy Chief Minister Surinder Choudhary stated a ropeway project in Reasi cannot be pushed through dictatorially. He noted a large section of stakeholders opposes the project. This statement was made in the assembly. BJP MLA Baldev Raj Sharma supported the demand for the ropeway construction in the area.

10 Feb 2026 12:41 am
Japan restarts world's biggest nuclear plant again

The facility had been offline since Japan pulled the plug on nuclear power after a colossal earthquake and tsunami sent three reactors at the Fukushima atomic plant into meltdown. But now Japan is turning to atomic energy to reduce its reliance on fossil fuels, achieve carbon neutrality by 2050 and meet growing energy needs from artificial intelligence.

10 Feb 2026 12:40 am
Parliament watch: Falling Re to give exports an edge; states, UTs granted GST compensation

Scheduled Commercial Banks have achieved a historic low in their Gross NPA ratio. India requires 307 GW of thermal power capacity by 2034-35. A falling rupee is expected to boost exports. External debt remains sustainable. CAG audit identified deviations in PMKVY. The Centre has released all admissible GST compensation to states and UTs.

10 Feb 2026 12:39 am
Decide on Piramal's Dahej plant in a week: Supreme Court to Gujarat Pollution Control Board

The Supreme Court has issued a swift order for the Gujarat Pollution Control Board to review Piramal Pharma's appeal to reactivate its Dahej manufacturing site, which was closed due to serious allegations related to hazardous waste management. The firm sought interim relief but was turned down by the court.

10 Feb 2026 12:39 am
Congress women MPs write to Speaker Om Birla, reject claims of planned unrest in Lok Sabha

Congress women MPs have written to Lok Sabha Speaker Om Birla. They deny allegations of planning unrest in the House. The MPs claim the ruling party asked the Speaker to make these charges. The Lok Sabha Secretariat stated women MPs moved aggressively towards the Prime Minister's seat. The Speaker had concerns for the Prime Minister's safety.

10 Feb 2026 12:37 am
Josh Foulger to lead Dixon's IT hardware biz

Foulger previously served as CEO of Zetwerk Electronics, where he led the company's vertical expansion and undertook key acquisitions, the company said in a press release. He also served for nearly a decade as managing director at Bharat FIH, a Foxconn Technology Group company, until 2024, and held international leadership roles at Nokia, where he helped architect electronics manufacturing ecosystems in India and Vietnam.

10 Feb 2026 12:36 am
Lok Sabha: Opposition places House truce formula before Speaker

Opposition leaders met with Speaker Om Birla to resolve the Lok Sabha deadlock. They proposed allowing some MPs to speak on Tuesday regarding issues with the Chair's conduct and the suspension of MPs. The government is considering the proposals. Discussions are ongoing to end the week-long standoff.

10 Feb 2026 12:35 am
ET Graphics: 60% of Indias trade to shift to preferential terms after EU, US, GCC deals

India is set to conduct over 60% of its trade on preferential terms following recent agreements with the EU, US, and GCC. This strategic move aims to integrate India into global value chains, with exports to these partners showing a significant 8.5% growth, outpacing overall export expansion.

10 Feb 2026 12:35 am
Did Bad Bunny Burn the Flag? Was the viral image AI? What really happened

Bad Bunnys Super Bowl 60 halftime show grabbed huge attention online. A viral image wrongly showed him burning the American flag, which later turned out to be fake and AI-made. The performance broke records, boosted music streams, and sparked debate on social media. The event became one of the most talked-about Super Bowl moments.

10 Feb 2026 12:31 am
P Chidambaram slams Budget as 'cautious, parsimonious, forgettable'; BJP calls it aspirational

The Union Budget faces sharp criticism from the Congress party. They label it as cautious and forgettable, highlighting economic concerns like unemployment and slow growth. The party also points to reduced allocations for key ministries. In contrast, the BJP praises Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.

10 Feb 2026 12:30 am
Impresario in talks to acquire mid-sized restaurant chains ahead of proposed IPO

Impresario Entertainment & Hospitality, owner of Social and Smoke House Deli, is in talks to acquire several mid-sized restaurant chains to scale up ahead of a proposed public listing. The company, majority-owned by India Resurgence Fund, aims to consolidate its position in the competitive food and beverage industry.

10 Feb 2026 12:28 am
God of War prime video series casts Callum Vinson as Atreus

The God of War Prime Video series has cast Callum Vinson as Atreus, offering the young archer to life in this live-action adaptation of the famous video game franchise. The story follows Kratos and Atreus as they journey through the Nine Realms to fulfill the final wishes of Faye, Atreus late mother.

10 Feb 2026 12:27 am
Lok Sabha adjourned amid standoff over Rahul Gandhis demand to speak before budget debate

The Lok Sabha faced an impasse on Monday. The Opposition, led by Rahul Gandhi, demanded he speak before the budget debate. The government and the chair stated no such agreement existed. This disagreement led to the adjournment of the House for the entire day. The standoff prevented the budget debate from commencing as scheduled.

10 Feb 2026 12:26 am
Exports may hit $1 Tn in FY27 on new trade deals, tariff cuts

India's exports are poised for a record $1,000 billion in 2026-27. New trade agreements with the US and EU are expected to boost orders. Reduced US tariffs on Indian goods offer a competitive edge. Exporters anticipate significant growth in sectors like chemicals, footwear, and marine products. This development signals a promising future for India's international trade.

10 Feb 2026 12:24 am
States told to finalise pacts to meet green energy purchase obligations

The Indian government is urging states to finalize power sale agreements for renewable energy projects. This initiative aims to help states meet their renewable purchase obligations. Around 43.9 GW of capacity awaits these agreements for quick implementation. Discussions are ongoing with about 15 states falling short of their targets. This move is crucial for India's ambitious 2030 renewable energy goals.

10 Feb 2026 12:21 am
Indias hotel industry stays resilient in 2025 despite geopolitics, airline crisis and weather woes

India's hospitality sector demonstrated remarkable resilience in 2025, overcoming geopolitical challenges and adverse conditions to achieve sustained growth. Hotels saw significant increases in occupancy, average daily rates, and revenue per available room, driven by a substantial addition of new rooms and strong domestic travel demand.

10 Feb 2026 12:12 am
Sonam Wangchuk 'perfectly good', getting best of treatment: Centre to SC

The Centre informed the Supreme Court that climate activist Sonam Wangchuk is in good health and receiving excellent treatment at AIIMS, Jodhpur. No progress has been made on reviewing his detention under the National Security Act. Wangchuk's wife filed a habeas corpus petition seeking his release.

10 Feb 2026 12:06 am
We're preparing to play all games at T20 WC: Pakistani pacer Mirza on playing India

Pakistan cricketer Salman Mirza confirmed the team is focused on the T20 World Cup. He mentioned that playing against India on February 15 is a government decision. The team is preparing for all matches, including the upcoming one against USA. Mirza acknowledged past upsets but stressed the team's readiness for any challenge.

10 Feb 2026 12:04 am
Word of the Day: Camaraderie

Camaraderie is the warm feeling of belonging, trust, and mutual respect within a group, often forged through shared experiences and common goals. This spirit of friendly fellowship strengthens bonds in workplaces, teams, and communities, reminding individuals they are not alone during challenges. It's the invisible glue that unites people through solidarity and support.

10 Feb 2026 12:04 am
Supreme Court declines bail relief to Kuldeep Sengar in custodial death case

The Supreme Court denied bail to former BJP MLA Kuldeep Singh Sengar in the Unnao rape victim's father's custodial death case. The court cited the gravity of moral turpitude offenses. It directed the Delhi High Court to hear Sengar's appeal against his conviction and sentence swiftly. The victim's plea to enhance Sengar's sentence will also be heard concurrently.

10 Feb 2026 12:04 am
Centre kicks off search for Aircraft Accident Investigation Bureau's new director general

The government is actively seeking a new chief for the Aircraft Accident Investigation Bureau (AAIB) as the current director general retires in June. Alongside this, 23 new officials are being hired to strengthen the agency. This move comes amid intense scrutiny of AAIB's performance following last year's fatal Air India crash, with concerns raised about communication and transparency.

10 Feb 2026 12:02 am
Epstein accomplice Ghislaine Maxwell refuses to answer questions from US House panel

Ghislaine Maxwell, currently serving a 20-year prison sentence for sex trafficking, was subpoenaed to appear before the House Oversight Committee. The committee sought her testimony regarding her connections with a disgraced financier. However, Republican committee chairman James Comer stated that Maxwell invoked her Fifth Amendment right against self-incrimination. This constitutional protection allows individuals to refuse to answer questions that could potentially incriminate them.

10 Feb 2026 12:01 am
Trump says China's Xi Jinping to visit US 'toward the end of the year'

Since returning to the White House a year ago, President Trump has introduced numerous tariffs. These levies have targeted specific industries, including steel and autos, and have also been used for broader policy goals. The administration has engaged in trade disputes with Beijing. However, a significant trade escalation with China last spring resulted in a broad truce.

9 Feb 2026 11:52 pm
High Potential Season 2 Episode 13 release date, time, spoilers and how to watch: Will new episode air tonight? Global release timings worldwide

High Potential Season 2 Episode 13 release date, time, spoilers and how to watch details are now confirmed. The ABC drama returns after a break in March 2026. The episode continues Morgan Gillorys story, ongoing cases, and personal tension within the LAPD team.

9 Feb 2026 11:52 pm
Digital arrest scams: Supreme Court raises alarm over bank officials role

The Supreme Court has strongly criticised bank officials for their alleged involvement in digital arrest scams. The court described the siphoning of money as 'absolute robbery and dacoity'. Concerns were raised about possible collusion or negligence by bank staff. The Chief Justice of India stated that banks are trustees of public money and this trust should not be broken.

9 Feb 2026 11:51 pm
India pledges $175 million fund for Indian Ocean Region neighbour Seychelles

India has announced a significant $175 million development fund for Seychelles. This initiative follows extensive talks between Prime Minister Narendra Modi and Seychelles President Patrick Herminie. The two nations are set to enhance collaboration across sustainability, trade, economy, and security.

9 Feb 2026 11:46 pm