The Economic Times
Elections 2026Economy / The Economic Times
Bajaj Auto and TVS Motor reported strong international sales in the June quarter. This marks a significant turnaround for India's two-wheeler export market. Total motorcycle and scooter exports rose nearly thirty-seven percent year-on-year. Demand across Africa, Latin America, and Asia is powering this export growth. The domestic market also shows resilience, aided by recent GST reductions.
India is set to cross 300 GW of non-fossil fuel power capacity soon, with current capacity at 297 GW, accounting for over half of total installed power. The government targets 500 GW non-fossil capacity by 2030 as part of its clean energy push. The PM Surya Ghar Muft Bijli Yojana is expected to cover over 5 million households in the coming weeks, boosting rooftop solar adoption.
Bira 91 is currently exploring options for selling founder Ankur Jain's stake, with its board and investors actively pursuing potential buyers. They have reached out to various family offices and corporate entities to facilitate the sale. To resume operations, the company estimates an infusion of approximately 500 crore will be necessary.
In her petition at the Mumbai NCLT under Sections 241 and 242 of the Companies Act, Gang sought to restrain the company from amending its Articles of Association (AoA) to facilitate a proposed 450-crore financing deal by Singhvi for investing in ASG Hospitals, contending that the move violates contractual protections granted to her as a minority shareholder.
The platform will accelerate the development of institutional-grade senior living communities across key Indian cities and help establish senior living as a mainstream asset class.
IndiGo warns against airport operators owning airlines, citing a massive conflict of interest. The airline reported a significant quarterly loss due to soaring jet fuel prices. Government officials are considering a proposal to relax ownership rules for airport operators. IndiGo's revenue increased, but expenses rose sharply, impacting profitability. Capacity growth is expected to remain flat for the current quarter.
The cancellation issued by the Punjab government followed reports that five women in Kota, Rajasthan, died after allegedly being administered an Oxytocin injection that upon testing found contained no active ingredient.
India's import bill for key pulses significantly decreased in FY26 due to robust domestic production. Lower global prices and import curbs also contributed to this substantial reduction. Exports of certain pulses, like Kabuli chana, saw a notable increase during the same period. This shift reflects India's growing self-sufficiency and improved market position for these commodities. Domestic policies and strong harvests have bolstered India's pulse sector performance.
MSME stress deepened in FY26 with closures rising sharply to 62,747 from 39,446 in FY25, impacting over 3.7 lakh jobs. As of June 2026, 18,154 units had shut, affecting 1.25 lakh workers. Despite closures, overall MSME employment grew 16.5% year-on-year to 80.5 million, led by the trading sector, with Uttar Pradesh employing the largest workforce. Delays in highway projects triggered penalties of 2,732 crore over three years, with only 780 crore recovered so far.
Standing Committee on Finance, headed by Bhartruhari Mahtab, backs key provisions of the Securities Markets Code Bill, including raising Sebi board strength to 15 from 9, and calls for a regulatory framework for virtual digital assets
The Skill Development Ministry is linking payments to training providers to candidate placement. A 530-crore Skills Outcome Fund will incentivize providers and increase accountability. This initiative aims to help 200,000 youths secure quality employment and improved incomes. The program prioritizes candidates from low-income households and aims for 50% female participation. Focus will be on high-demand sectors and future-oriented job roles for sustainable livelihoods.
Nestle SA has reported impressive growth in India, a significant market for the company. The packaged food giant achieved double-digit real internal growth in this region. While global sales experienced a slight decline in the first half of 2026, Nestle increased its full-year organic sales growth forecast. Notably, India's unit profit saw substantial growth, driven by increased volumes and strategic investments.
India faces intensified energy supply challenges due to choke point closures. Three Saudi oil tankers rerouted in the Red Sea amid Houthi blockade. Non-Saudi tankers bound for India via Bab al-Mandeb have not faced disruptions. India sources oil from alternative locations like Fujairah terminal. Long-term blockades in Hormuz and Bab al-Mandeb could significantly hurt India.
Quote of the Day by Henry Cavill: Henry Cavills quote, You can train and train until you are blue in the face, but you've got to diet, you've got to have that leanness because if you are not lean, your abs won't show. Of course, the training has to be put in, but then you've to shed all the fat and keep the fat off. And that's how you get an eight pack, explores the importance of discipline, consistency, and maintaining balance in achieving fitness goals.
Portuguese proverb of the day: A Portuguese saying highlights how stories evolve with each telling. Details can be added or altered as tales pass between people. This natural human tendency means information may change over time. We should consider the source and number of retellings for accuracy. Understanding this helps us critically evaluate information we receive.
The CBI has cleared Sanjeev Kumar, alias Sanjeev Mukhiya, of involvement in the NEET-UG 2024 paper leak. Initially, Bihar Police suspected his involvement due to past examination paper theft cases. The federal agency investigated all individuals connected to the theft and distribution. They also identified every candidate who benefited from the leaked question paper. Multiple chargesheets have been filed against forty-five accused individuals in this case.
The Supreme Court urged the Centre to amend the National Highways Act. It wants judicially trained adjudicators for land compensation disputes. Currently, government officers decide these compensation matters. The Attorney General stated the government is considering proposed amendments. The court will await the government's decision on this issue.
Prime Minister Narendra Modi announced stricter measures against examination paper leaks. The government will establish fast-track courts for swift trials and punishments. These actions aim to protect the future and aspirations of students nationwide. The Prime Minister emphasized that no leniency will be shown to offenders. Such incidents severely damage the credibility of examination systems.
Delhi Police identified over 480 Pakistan-based social media handles spreading misinformation. These accounts actively circulated rumors and fake videos during the CJP protest. The same handles were also active during the Operation Sindoor incident. Police urged students to verify information and avoid anonymous sources. Authorities respect the right to peaceful protest and seek public cooperation.
Quote of the Day by Desiderius Erasmus: The Dutch Renaissance scholar's famous quote from The Praise of Folly explores how arrogance often grows where genuine ability is lacking. It also reflects on the danger of seeking validation from people who encourage ignorance instead of truth. Written more than 500 years ago, the quote continues to hold relevance in today's world of public opinion, social media and constant search for approval.
We have a tendency to take what we have been given for granted. One ancient Vietnamese proverb reminds us that we should never, ever forget that if our lives are easier, more comfortable, it is only because of collective effort of others, which we may not even be aware about.
Today's quote of the day by Rudyard Kipling speaks to anyone who feels distracted by other people's success or failures. His words remind us that our future is shaped more by our own actions than by comparison. Written more than a century ago, this simple idea still offers practical guidance on self-discipline, resilience, personal growth, confidence, and staying focused on what truly matters.
Japanese Proverb of the Day highlights the meaning of Life without endeavor is like entering a jewel mine and coming out with empty hands. The saying reflects how success is shaped by effort, dedication, and the willingness to take action rather than simply by opportunities or potential. It suggests that valuable results cannot be achieved without hard work, perseverance, and commitment. Just as entering a jewel mine does not guarantee finding treasures without searching, lifes opportunities req
India strongly criticized Pakistan's unwarranted comments on Kashmir and the Indus Waters Treaty. Pakistan's Deputy Prime Minister made these remarks at the ASEAN Regional Forum meeting. New Delhi stated that Kashmir and Ladakh are integral parts of India. The Indus Waters Treaty remains in abeyance due to Pakistan's terrorism sponsorship. Pakistan should dismantle terror infrastructure instead of misusing global platforms.
A Cockroach Janta Party delegation will meet Union ministers on Friday. This meeting follows recent clashes between CJP supporters and Delhi Police. The CJP has called for a nationwide protest against alleged police brutality. They are demanding the resignation of Union Education Minister Dharmendra Pradhan. The party previously met Union Health Minister JP Nadda regarding NEET-UG examination issues.
Higher Education Secretary Vineet Joshi was transferred amid ongoing exam irregularities scrutiny. Naresh Pal Gangwar now leads the Department of Higher Education, Ministry of Education. Several other secretary-level appointments were also announced by the Appointments Committee of the Cabinet. This reshuffle occurs while the Education Ministry faces public and political pressure. The government also approved in-situ upgradations for several officials.
The Competition Commission of India (CCI) dismissed a complaint against Zomatos parent company Eternal, ruling that there was no prima facie evidence of abuse of market dominance. The complaint alleged unfair pricing, excessive commissions and anti-competitive practices, citing a large price difference between ordering via the app and buying directly from a restaurant.
Korean proverb of the day: A Korean saying offers a life lesson for anyone who has ever felt overwhelmed by trying to handle everything at once. The proverb reminds us that we all have limits. Instead of trying to control every situation, the saying encourages us to focus on what we can actually change and let go of the rest.
WTO members questioned India's trade policies at a recent review. Concerns included quality orders and abrupt tariff changes. India defended its policies as vital for public objectives. Schemes like PLI and agricultural support also faced scrutiny. Members sought greater transparency and predictability in trade practices.
Bengaluru Cooperative Milk Union has increased prices for Nandini ghee and butter. New rates for various pack sizes will take effect from Friday. Retailers suggest a modest hike for ghee and a steeper rise for butter. A one-litre ghee sachet will now cost Rs 715. Butter prices also saw adjustments across different pack sizes.
New government rules mandate all telecom data must remain stored within India. Communication infrastructure providers cannot share any data outside the country. This new framework aims to enhance national digital infrastructure security. It also introduces a new category for cloud-hosted telecommunication network providers. The government can inspect sites and audit systems for compliance purposes.
Protests over the NEET paper leak erupted across Bihar on Thursday. Many students and at least fourteen police personnel sustained injuries during the demonstrations. Agitators hurled stones and vandalized government and railway properties in several districts. Police responded with baton charges and aerial firing to disperse the unruly crowds. Authorities have initiated investigations and arrests to address the violent incidents.
FDA Recalled Eggs: Nearly 1.6 million dozen eggs have been recalled due to potential Salmonella Enteritidis contamination. Midwest Poultry Services voluntarily recalled the white shell and brown cage-free shell eggs produced at its Texas facilities. The affected eggs were distributed to several retailers across multiple states. Consumers are advised not to eat the recalled eggs and to follow FDA guidance on their disposal or return.
Tibetan Proverb of the Day highlights the meaning of It is better to live for one day as a tiger than to live for a thousand years as a sheep. The saying emphasizes that a life lived with courage, purpose, and self-respect is more valuable than a long life spent in fear or quiet submission. It encourages people to face challenges boldly, stand firm in their beliefs, and pursue meaningful goals instead of settling for comfort or allowing fear to limit their potential. True fulfillment comes from
Telecom subscribers reported over 17 lakh pesky communications this year. Over 31 lakh such communications were reported in the year 2025. More than 21 lakh unregistered telemarketer connections were disconnected since January 2024. Around 24.53 crore consumers registered preferences on the Do Not Disturb platform. AI solutions flagged over 26.4 crore suspected spam calls and messages daily.
Japanese mindset of the day: Explaining concepts to others strengthens personal knowledge and reveals areas needing further study. This process helps organize thoughts and clarify details for better comprehension. Unexpected questions can highlight memorized answers without true underlying understanding.
After its theatrical release, The Devil Wears Prada 2 is all set for its OTT debut. Starring Meryl Streep, Anne Hathaway and Emily Blunt, the sequel will begin streaming on JioHotstar in India from July 29, 2026, in both English and Hindi. Here's everything you need to know about the release date, platform, cast and plot.
Jantar Mantar, built in 1731, served as an astronomical observatory for centuries. The adjoining road later became India's primary site for democratic dissent. Authorities restricted protests at Boat Club, shifting them to Jantar Mantar by 1993. The Supreme Court regulated demonstrations, balancing rights and public order concerns. This historic landmark now symbolizes both scientific inquiry and enduring public expression.
Cipla reported a 39% drop in net profit to 789 crore for the June quarter due to weakness in its North America business and margin compression, despite posting record revenue of 7,119 crore. EBITDA declined 33%, with margins narrowing significantly. Growth was driven by strong performance in India, Africa, and emerging markets, with the domestic business hitting an all-time high. The company remains focused on new product launches, including respiratory and peptide segments, and expects a recove

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