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The Economic Times

Economy / The Economic Times

India Inc revenue growth to moderate to 13-15 pc in Q2; margins to contract: Report

India Inc's revenue growth is projected to contract to fifteen percent in the September quarter. Operating profit margins are expected to compress by over one percentage point. Domestic consumption sectors show better growth than export-linked ones. Below-normal monsoon may impact rural consumption and food inflation. Corporate earnings will show healthy revenue growth and constrained operating profit margins.

27 Aug 2026 5:02 pm
India emerging as global production, innovation and services hub: FM Nirmala Sitharaman

India is emerging as a global manufacturing and innovation platform for exports. Canadian capital and technology can partner with India's scale and talent. The nation's reforms and digital infrastructure strengthen the investment environment. Opportunities exist in financial services and clean energy value chains. Bilateral trade aims for seventy billion dollars annually by twenty thirty.

27 Aug 2026 5:01 pm
Quote of the day by Tom Hanks: 'The three rules of good living and success are- show up on time...'; Inspirational saying from 4th highest-grossing star of all time on punctuality, discipline, and accountability

Success needs not only talent but also consistency and dedication. In an old interview, Hollywood superstar Tom Hanks explained how he follows three rules for maintaining his dream run for over three decades: Be on time, gain knowledge about your role, and come up with your own perspectives/original ideas.

27 Aug 2026 4:56 pm
Will consider Air India's biz strategy, other factors before deciding on additional fund requests: Singapore Airlines

Singapore Airlines will carefully consider Air India's capital requests. The airline group evaluates investments considering its own capital needs. A Singapore Parliamentarian raised concerns about further funding for Air India. Air India seeks USD 1.5 billion from its co-owners for transformation. The airline's transformation journey is expected to take up to a decade.

27 Aug 2026 4:54 pm
Onion prices may rise further? 30% of Centres buffer stock damaged, Kanda Express sent to Delhi as kharif crop faces delay

India's summer onion buffer stock has suffered considerable setbacks due to unexpected rainfall, leading to roughly thirty percent of onions rotting or sprouting. This spoilage threatens to disrupt market supply and hike prices. To alleviate the situation, special trains are now delivering onions to key cities at subsidized costs. Additionally, delays in the kharif crop are likely to further heighten onion shortages in the upcoming months.

27 Aug 2026 4:54 pm
A 73-year-old Oklahoma farmer battled years of drought before leasing land for five wind turbines. The wise decision transformed his farm income

Facing the challenges of a drought-stricken Oklahoma, Bob Kerr found his wheat and cattle farming income dwindling. However, the five wind turbines on his land offered a beacon of hope through their steady lease payments. This renewable energy source provided crucial financial relief, allowing Kerr to make important upgrades to his ranch and showcasing the potential of wind energy to bolster conventional farming ventures.

27 Aug 2026 4:51 pm
BPCL says no decision to replace E20 with E10, as govt debates lower-blend option for older vehicles

Bharat Petroleum Corp Ltd has clarified that there are no plans to switch from E20 petrol to E10 fuel. Discussions are currently taking place about the feasibility of lower ethanol blends for older vehicles. The existing infrastructure could accommodate a transition if government policies evolve. However, creating a new petrol grade poses considerable logistical hurdles; hence, no definitive decision has been reached regarding the fuel blending framework.

27 Aug 2026 4:33 pm
Till 1930, it was a thriving town near Las Vegas. Then it got drowned. Decades later, its streets and homes keep reappearing

The historic town of St. Thomas in Las Vegas submerged beneath a dam for decades, has resurfaced due to ongoing drought conditions. Once a bustling agricultural centre during the 1930s, the settlement's demise came from boundary conflicts and back taxes, forcing its inhabitants to leave. Today, the remnants of this drowned community are exposed, inviting explorers to uncover its forgotten past as water levels recede.

27 Aug 2026 4:33 pm
Spiritual Lessons of the day by Sadhguru: The more conclusions you make, the less you will see; what the Indian guru teaches about staying open-minded

Sadhgurus quote, The more conclusions you make, the less Alive you become, encourages people to remain curious and open-minded. Fixed opinions and assumptions can limit how we experience people, situations and even ourselves. Instead of treating every experience as a permanent truth, his message suggests leaving room for uncertainty, observation and change. Staying open can help us experience life more fully.

27 Aug 2026 4:11 pm
In 1975, a Nebraska man buried a brand-new Chevy with 5,000 other items. 50 years later, America finally saw what he had saved

In a remarkable throwback to 1975, a Nebraska man interred a brand new Chevrolet Vega along with 5,000 various items underground. This ambitious time capsule, encased in a robust concrete vault, remained sealed for half a century. When uncovered in June 2025, the treasures insidelike the Vega with its original factory stickerprovided an intriguing window into everyday American life from that bygone era.

27 Aug 2026 4:10 pm
Kundan Refinery Wins Two Awards at IGC Excellence Awards 2026, Marking a Decade of Continued Recognition

Kundan Refinery achieved a remarkable milestone by winning two IGC Excellence Awards during the 2025-26 period, celebrating ten consecutive years of being recognized in the industry. The awards were presented at the prestigious 23rd India Gold Conference in Goa. Known for its NABL accreditation and expertise in gold refining, Kundan Refinery continues to focus on enhancing its refining processes and expanding its market presence.

27 Aug 2026 4:07 pm
Oyo parent PRISM closes FY26 with 50% revenue growth, reports PAT of Rs 994 cr

PRISM operates a single technology-enabled platform across more than 35 countries, with technology and product engineering, pricing and revenue management, reservations, customer support, finance, marketing operations and procurement largely built and run from India.

27 Aug 2026 4:05 pm
$30,000 Brooklyn wedding turns into nightmare as bride, groom and guests suffer vomiting, diarrhoea, chills and abdominal cramps after pricey NYC hotel served up norovirus-tainted food

A $30,000 Brooklyn wedding reception reportedly turned into a nightmare after the bride, groom and 30 of 112 guests fell ill with vomiting, diarrhoea, chills and abdominal cramps. A lawsuit alleges that food served at the reception was contaminated with norovirus. On the other hand, a health department investigation said the specific source of the outbreak could not be determined.

27 Aug 2026 4:02 pm
Inside 'Toxic' actress Kiara Advani's luxurious Rs 90 crore sea-facing apartment, located in Bandra West and designed by Gauri Khan. Here's what makes it unique

Toxic actress Kiara Advani and her husband Sidharth Malhotra reside in a sea-facing Pali Hill home. Gauri Khan designed their Mumbai residence with warm timber and neutral colours. Large windows offer Arabian Sea views, and natural light fills the living spaces. The home features an all-white kitchen and a spacious walk-in wardrobe. The balcony provides unbroken views of the Arabian Sea.

27 Aug 2026 3:55 pm
27 Aug 2026 3:52 pm
Every billionaire will respond in less than 2 minutes: Actor Madhavan agrees with the surprising habit that sets successful people apart

Actor R Madhavan, last seen in GDN, highlighted an intriguing aspect of billionaire behaviour, noting their inclination towards quick responsiveness. He finds this practice quite motivating, contrasting it with those who tend to delay replies, regardless of their schedule. Furthermore, Sundar Pichai's philosophy underscores the importance of perspective in achieving happiness, suggesting that one's internal mindset is crucial for a satisfying life, even amidst challenging external circumstances.

27 Aug 2026 3:50 pm
Tremendous scope to improve processes, procedures to help faster flow of FDI, says Piyush Goyal

India is streamlining foreign direct investment processes and norms. The government seeks industry ideas to improve the investment regime further. Discussions are ongoing regarding trade pacts with several countries and blocs. Efforts focus on promoting end-to-end manufacturing and self-reliance in key sectors. Production-linked incentives will be considered for sectors facing cost disadvantages.

27 Aug 2026 3:47 pm
Quote of the day by Sylvester Stallone: I have learnt for the first time how to have a great, fantastic wife. Dont take a...'; what the Rocky movie star says about marriage and love

Sylvester Stallone says marriage taught him an important lesson about love, compromise and choosing battles wisely. In an interview with Parade, the Rocky star credited his marriage to Jennifer Flavin with helping him stay grounded through tough times. He admitted it took him 30 years to understand happy wife, happy life and advised couples not to argue over trivial matters. His message: sometimes peace matters more than being right.

27 Aug 2026 3:47 pm
Yamaha expands its supersport portfolio with global launch of 'Made in India' YZF-R2

Yamaha Motor India launched its new YZF-R2 supersport motorcycle today. This new lightweight sportbike features a newly developed 200cc liquid-cooled engine. Pre-bookings for the YZF-R2 commenced earlier this month for a token amount. The company targets a 70:30 domestic-to-export sales ratio for this model. Yamaha projects a full-year rolling production target of 50,000 units.

27 Aug 2026 3:37 pm
57% office occupiers in India see no material impact of AI on leasing decisions

Most Indian office occupiers see no major impact from AI on leasing decisions, CBRE says. Many firms are in early AI implementation stages, laying foundational groundwork. Advanced AI adoption is driving changes in talent deployment and workspace use.

27 Aug 2026 3:36 pm
NRAI, FSSAI host food safety session to strengthen Delhi NCR restaurants' practices

The National Restaurant Association of India (NRAI) and FSSAI held a food safety discussion with Delhi NCR restaurant owners and industry stakeholders. The session focused on food safety regulations, ingredient sourcing, traceability, temperature control, hygiene, cross-contamination prevention, food handler practices and documentation. The initiative aims to help restaurants understand FSSAI requirements and strengthen food safety standards across operations.

27 Aug 2026 3:33 pm
LTM makes fresh tech push from Kolkata with Global Delivery & AI Competency Centre

LTM, the business creativity partner to global enterprises, has inaugurated a new Global Delivery & AI Competency Centre in Kolkata, expanding the L&T Groups technology and AI capabilities in West Bengal. The centre will support global delivery operations, develop AI solutions, create technology opportunities and tap Kolkatas talent pool, academic ecosystem and digital infrastructure as part of LTMs wider India expansion strategy.

27 Aug 2026 3:25 pm
Tata Power Renewable Energy commissions 72.5 MW solar project in Rajasthan

Tata Power Renewable Energy has commissioned a 72.5 megawatt solar project in Rajasthan. This new facility will supply clean energy to Tata Steel through a subsidiary. The project is expected to generate significant green energy annually and reduce carbon emissions. With this addition, TPREL's total renewable utility capacity now stands at 12.3 gigawatts. This development advances Tata Steel's decarbonisation efforts and India's renewable energy goals.

27 Aug 2026 3:05 pm
US weighs a new round of tariffs on semiconductors, says report

Washington is also mulling a phase-in period for the new tariffs and the framework could still be substantially revised in the coming weeks or months, Politico reported.

27 Aug 2026 3:04 pm
India's EV market to reach Rs 20 lakh cr by 2030, will create 5 cr jobs: Nitin Gadkari

India's electric vehicle market is projected to reach twenty lakh crore rupees by 2030. This significant growth is expected to generate five crore new employment opportunities across the nation. The government aims to make India's automobile industry the world's number one within five years. Current logistics costs are being reduced, aiding global market competitiveness. Bio-fuel is identified as a key component for the future of transportation.

27 Aug 2026 3:02 pm
China to supply bulk of Indias fertiliser tender in major sale

China will ship at least 1.2 million tons of urea to India soon as part of India's recent tender for the key fertiliser. This marks an improvement in global urea market tightness after earlier disruptions. China's loosened export controls are contributing to increased fertiliser availability worldwide.

27 Aug 2026 2:44 pm
India plans Rs 13,000 crore in aid to spur battery parts output

India's new plan aims to reduce reliance on Chinese producers and boost local manufacturing. The government sees fostering a domestic battery supply chain as a strategic priority. Existing incentives for cell manufacturing have faced delays due to supply chain issues.

27 Aug 2026 2:29 pm
Japanese artist Yayoi Kusamas powerful life lesson hidden in her famous polka dots: Return to the infinite universe...

Yayoi Kusama, the Japanese artist celebrated for her iconic polka dots, died at 97 after continuing to paint until her final days. Her art grew from deeply personal experiences and became a lifelong source of expression and survival. Through her idea of obliteration, Kusama explored identity and infinity, offering a powerful reminder that each individual is only one part of a universe.

27 Aug 2026 2:22 pm
NABARD, NaBFID sign MoU for funding rural infrastructure projects

NABARD and NaBFID have signed an initial pact to strengthen collaboration. This agreement focuses on financing infrastructure projects with significant rural impact. The memorandum provides a framework for joint financing and knowledge sharing. Key areas include water, sanitation, irrigation, and post-harvest storage facilities. This partnership aims to advance rural prosperity and bridge the rural-urban divide.

27 Aug 2026 2:21 pm
Natural diamond prices have fallen 20-30% from post-pandemic highs: Paul Rowley, De Beers

Natural diamond prices have stabilised after a significant correction, with larger stones seeing price increases. De Beers is now focusing on India as a key growth engine for future expansion. India's natural diamond market is projected to grow substantially, driven by younger consumers.

27 Aug 2026 1:59 pm
45 coal power plants have critical low fuel

New Delhi: Forty five power plants in India are operating with critically low coal inventories, government data showed, as monsoon rains disrupt supplies and electricity demand rises amid hotter-than-usual weather linked to El Nino.The number of plants with coal stocks below 25% of their required inventory or with critically low stocks to generate power for less than three days has risen sharply from 31 at the end of July, the data as of August 25 showed.Of the affected plants, 40 are domestic c

27 Aug 2026 1:57 pm
India gets ready to build its own Samsung, Vivo or Xiaomi

India has emerged as a major global smartphone manufacturing hub, but it is yet to build a home-grown brand of comparable scale. A new Rs 62,500 crore government scheme aims to bridge that gap by incentivising Indian-owned brands, design, R&D and domestic sourcing, with companies such as Lava positioned to benefit.

27 Aug 2026 1:55 pm
Quote of the day by George Clooney: Amal and I never had a fight. It is because at this point in life Two-time Oscar winner's life lessons love, marriage and what really matters in relationships

George and Amal Clooney have been married happily for more than 12 years. In a 2025 interview, the Oceans 11 star spilt the beans on what keeps their marriage so stable and happy they seldom fight. Although they have their personal differences, Clooney said that respecting each others preferences is key in a relationship.

27 Aug 2026 1:53 pm
GAIL plans major expansion in gas, petrochemicals and clean energy, says chairman

GAIL plans pipeline expansion and diversified LNG sourcing for energy security. The company is scaling up petrochemicals and LPG infrastructure to meet demand. Investments in clean energy technologies are also a key focus area. GAIL's natural gas pipeline network is expanding significantly across India. These strategic moves aim to balance energy security with the global clean energy shift.

27 Aug 2026 1:43 pm
In 1959, 5,000 people lived on Japanese 'battleship island'. Then it was abandoned almost overnight. The UNESCO site that inspired James Bond's Skyfalls villain lair

Japans Hashima Island, or Gunkanjima, was once a bustling coal-mining community with more than 5,000 residents and one of the worlds highest population densities. When its mines closed in 1974, the island was abandoned almost overnight, leaving behind haunting concrete ruins. In 2015, it was declared a UNESCO World Heritage site. Hashima attracts tourists on guided tours and gained global fame after inspiring the villains lair in James Bonds Skyfall.

27 Aug 2026 1:34 pm
Flexible workspace operators lease 191,306 seats in H1 2026

The first half of 2026 saw a major increase in flexible workspace seat leases, marking the highest gross leasing volume ever recorded. It was primarily propelled by the rise of Global Capability Centres, which are significantly influencing the demand for flex seat leases. Bengaluru consolidated its status as the top flex market, while Hyderabad continued its impressive growth trajectory.

27 Aug 2026 1:25 pm
Indias budget math brightens with asset sales target in sight

India's fiscal position has improved significantly from earlier concerns. The government is set to exceed its asset sale target for the first time in eight years. Stronger tax collections and easing global fertilizer costs are bolstering government finances. This positive fiscal outlook contrasts with earlier revenue challenges faced by the nation. Officials anticipate a positive outcome for the nation's financial year.

27 Aug 2026 1:07 pm
Tamil film producers put releases on hold over 'streaming' row

Theatrical window rules have sparked a fresh dispute between Tamil Nadu film producers and exhibitors, with exhibitors seeking an eight-week window for Tamil films instead of four weeks. Producers have threatened to halt new theatrical releases, shootings and post-production from September 1. Industry veterans expect a compromise, potentially applying the longer window to films without pre-existing OTT streaming deals

27 Aug 2026 1:04 pm
Pernod Ricard blames weak US, Chinese markets for 26% profit fall

Pernod Ricard has seen a significant decline in profits, primarily driven by soft market conditions in the US and China. The company's annual earnings faced challenges due to rising tariffs and a 14% drop in turnover linked to currency fluctuations.

27 Aug 2026 12:57 pm
Cement prices likely to stay range-bound through September as post-monsoon demand recovery key: Report

Cement prices are expected to stay stable through September as demand remains weak. Companies are focusing on maintaining current price levels amid uneven market conditions. A strong post-monsoon demand recovery is crucial for future price increases. Rainfall patterns have impacted construction activity across various Indian regions. Demand is anticipated to improve year-on-year, aided by a favorable base.

27 Aug 2026 12:24 pm