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The Economic Times

Economy / The Economic Times

Mahindra Last Mile Mobility planning to double capacity, scouting for new factory site

Mahindra Last Mile Mobility is considering doubling its annual production capacity to meet rising demand for electric three-wheelers. The Mahindra & Mahindra subsidiary currently has capacity to produce 300,000 vehicles a year across plants in Telangana, Karnataka and Uttarakhand.

27 Aug 2026 11:09 pm
Quote of the Day by Walt Disney: The more you like yourself, the less you are like anyone else, which makes you unique A life lesson on self-acceptance

Walt Disneys powerful message centers around the importance of self-acceptance and embracing ones individuality. He believed that loving oneself fosters uniqueness, an essential trait in a world full of comparisons. Disneys own journey exemplified how creativity and bold, individual choices can lead to success. His enduring legacy teaches us that our differences can be valuable assets, fueling both personal growth and meaningful contributions to society.

27 Aug 2026 11:06 pm
HDFC Bank staff help prevent Rs 1.12-crore 'digital arrest' fraud

HDFC Bank employees took swift action to block a potential digital scam targeting elderly clients. An attentive staff member noticed an anxious couple trying to send a hefty amount of money while on a video call with someone unknown. Reacting promptly, the bank team identified the suspicious activity and successfully protected the seniors from losing Rs 1.12 crore, showcasing their commitment to customer safety.

27 Aug 2026 11:06 pm
An 18-year-old Washington student turned plant waste into a pollution-fighting sponge. Tests showed it removed up to 80% of chemical killing Salmon

A talented eighteen-year-old student has developed groundbreaking biodegradable filters using jute waste fibers. These remarkable sponges efficiently extract toxic substances from road runoff, achieving an impressive eighty percent reduction in pollutants as confirmed by laboratory analysis. This eco-friendly innovation demands far less energy and financial investment to manufacture, garnering the young inventor significant recognition at a prestigious competition.

27 Aug 2026 10:58 pm
Indian NASA worker completed 3-year BSc in Maths degree in one year, went to University of Berkeley, was hailed as Genius of Genius' before becoming a teacher at IIT. Then he lost everything: Was seen near garbage'

Vashishtha Narayan Singhs life story seems like someone straight from a film. It began with a lot of promise, as the late academic was hailed as a child prodigy, and he went on to complete his three-year mathematics course in just one year and later went to the University of Berkeley for further studies. But his bright career was cut short by schizophrenia.

27 Aug 2026 10:47 pm
Closer India-Canada economic cooperation gains importance amid global uncertainty: Sitharaman

India and Canada are strengthening economic ties amid global uncertainty. Finance Minister Nirmala Sitharaman highlighted the need for deeper partnerships. Discussions focused on investment, finance, and regulatory cooperation between the nations. Both countries explored avenues for financial sector collaboration and critical minerals. This dialogue aims to build resilient and sustainable economies for both nations.

27 Aug 2026 10:40 pm
NCLT Subhash Chandra Case: Rs 22,000 crore is not bank loan write-off, sources on order

The National Company Law Tribunal approved a repayment plan for Essel Group founder Subhash Chandra. This plan does not signify banks writing off nearly all of Rs 22,000 crore in loans. The Rs 22,006 crore figure represents claims against Chandra as a personal guarantor. Corporate borrowers remain liable for their debts, and creditors retain recovery avenues. This case is an exceptional personal-guarantor resolution, not a corporate debt write-off.

27 Aug 2026 9:50 pm
10 Modern Baby Names Inspired by Nature That Gen Z Parents Should Have on Their List

10 Modern Baby Names Inspired by Nature That Gen Z Parents Should Have on Their List

27 Aug 2026 9:44 pm
Googles India-first AI models for agriculture are finding applications beyond India

Google's agricultural AI models, developed in India, have expanded their reach to eleven countries, facilitating advancements in farming and water management systems. By harnessing satellite imagery, these models support sustainable practices, such as rice cultivation and informed agricultural financing. State governments are now incorporating this innovative technology into their digital agriculture platforms, ultimately enhancing global food security through improved data access.

27 Aug 2026 9:23 pm
Dolly Parton sang a 1969 No. 1 hit with Kermit the Frog in 1987; 40 years later, the unlikely duet is winning hearts again

In 1987, Dolly Parton welcomed a unique guest on her variety show: Kermit the Frog. Together, they delivered a memorable rendition of Sly & the Family Stone's 'Everyday People'. This enchanting performance, highlighting themes of acceptance and unity, has stood the test of time, capturing the hearts of fans well into the future and leaving a lasting legacy in television history.

27 Aug 2026 9:14 pm
HDFC Bank mulls NCLAT appeal over Subhash Chandra insolvency order

HDFC Bank plans to appeal a bankruptcy court ruling concerning Subhash Chandra. The court approved a repayment plan with a 99.97 percent haircut for lenders. HDFC Bank's claim of Rs 680 crore saw only 3.2 percent admitted. Lenders faced negligible recovery against over Rs 22,000 crore in admitted claims. The NCLT rejected objections, citing the debtor's estate value and potential future recovery.

27 Aug 2026 9:05 pm
Understanding the engineering behind Samsungs latest foldables

Samsung's Galaxy Z Fold8 series takes foldable technology to the next level with a sleeker design and Flex Titanium technology that enhances display efficiency while maximizing internal capacity. The series boasts advanced battery systems and dual-path charging for a power boost. Durability is key, as Samsung has conducted rigorous reliability tests to ensure these devices can handle everyday use with ease.

27 Aug 2026 9:03 pm
Govt flags off NCCF, NAFED vans to sell onions at Rs 35 per kg

The government is also using rail and road networks to move buffer onions from producing regions to major consumption centres.

27 Aug 2026 8:52 pm
Pernod Ricard India sales rise 7% in FY26; IPO plan under discussion

Pernod Ricard reported seven percent sales growth in India for fiscal year twenty twenty six. The company is discussing a potential initial public offering in its second largest market. Global sales saw a decline while India demonstrated strong consumer demand and premiumization. The India-UK Free Trade Agreement is expected to further boost performance and innovation.

27 Aug 2026 8:47 pm
Subhash Chandra clears air on Rs 22,000 crore personal insolvency claims against him

Media baron Subhash Chandra states his personal insolvency claim totals Rs 3,992 crore. He has not borrowed any money directly from any lender. Dissenting creditors claimed Rs 22,000 crore against him in proceedings. A third member of NCLT approved a plan for Chandra to pay Rs 6.5 crore. This decision allows for potential recovery from borrowing entities directly.

27 Aug 2026 8:44 pm
At 13, she invented a device that can detect a fire before it starts. Meet California girl whose life-saving creation was triggered by a tragedy

A young innovator from California, developed an AI-driven device to detect fire hazards early. This invention was inspired by witnessing a devastating restaurant fire in San Jose. Her breakthrough earned national recognition and support from the U.S. Fire Administration. She launched her startup, Vigil, in 2025 to scale the technology for mass manufacturing. The device uses AI and thermal imaging for real-time environmental monitoring and instant alerts.

27 Aug 2026 8:36 pm
Tata Motors rolls out Tata.Cars identity for PV business, aims to meet India's growing aspirations

Tata Motors unveiled a new brand identity called Tata.Cars for its passenger vehicle business. This new identity aims to meet the growing aspirations of Indian customers. The company is charting a new course as India gains more confidence. Tata.Cars will serve as the primary customer-facing expression for the business.

27 Aug 2026 8:22 pm
This 1971 sitcom broke TVs biggest rules. But now it is considered one of the decades best

All in the Family changed the landscape of sitcoms by boldly confronting tough social issues. It shone a light on topics like racism, feminism, and homophobia, stirring conversations across the nation. A pivotal 1977 episode even addressed physical assault, marking a first for primetime TV and catalyzing the creation of a rape treatment center. This series demonstrated that comedy can navigate complex human experiences with both sincerity and humor.

27 Aug 2026 8:06 pm
Four bottles were found by archaeologists buried beneath former slave quarters in Virginia. The direction they pointed offered an intriguing clue

During renovations at Arlington House, construction workers stumbled upon four glass bottles hidden beneath the floor. After investigation by archaeologists, these bottles were identified as remnants of a spiritual shrine from the mid-19th century, likely belonging to an enslaved family. These artifacts not only shed light on their spiritual practices but also reveal their enduring quest for protection and freedom in a difficult era.

27 Aug 2026 7:43 pm
Texan town on America's most famous highway was once packed with diners and motels. Then from 1975, suddenly everyone stopped coming, and today it is one of the best-preserved ghost towns

One little town, situated in the middle of the border between Texas and Mexico, was once the stopping point for tourists looking for some entertainment, tired and dusty and looking to relax, or in the mood for some affordable food. Today, it is a ghost town that has seen better days.

27 Aug 2026 7:29 pm
Inside Metas Project OT that could have cut some teams by 60% and why Mark Zuckerberg scrapped it

Mark Zuckerberg, the CEO of Meta, set out with Project OT to create an AI-driven future for the company, proposing substantial team reductions in favor of AI automation. Yet, internal pushback and fears over efficiency stymied the next phase of this initiative. Investors also expressed doubts regarding Meta's large-scale investments in AI. In the end, the company shifted its focus back to prioritizing its human employees.

27 Aug 2026 6:59 pm
How 20-year-old Barron Trump built a $150 million fortune from crypto and a $39 energy drink and became richer than US First Lady Melania Trump

At 20, Barron Trump has an estimated fortune of about $150 million, with most of his reported wealth tied to the Trump familys cryptocurrency venture, World Liberty Financial. His new $39 SOLLOS energy drink venture has added another business to his portfolio, while the reported fortune is higher than his mother Melania Trumps estimated $20 million wealth.

27 Aug 2026 6:57 pm
India Inc sales growth accelerates to 19.4 per cent in Q1 FY27, manufacturing leads recovery: RBI

Indian companies show stronger sales growth entering fiscal year twenty twenty seven. Manufacturing sales accelerated significantly, driven by key industries like automobiles. Operating profit growth also jumped across major sectors, improving margins. Companies faced elevated input costs, which impacted raw material expenses. However, improved pricing power helped absorb these higher costs effectively.

27 Aug 2026 6:52 pm
Beneath one of America's most visited national parks, lies a forgotten town. What happened 100 years ago in Great Smoky Mountains National Park?

In 1908, the lumber corporation laid the foundations of Elkmont, which flourished into a vibrant town housing over fifteen hundred residents by 1918. The logging industry eventually declined, leading to the departure of the railway and a quiet end to its industrial phase. Yet, the spirit of a vacation destination lived on, ultimately integrating into a national park. Presently, nature is steadily enveloping the remnants of Elkmont's past.

27 Aug 2026 6:46 pm
India Ratings revises FY27 bank credit growth upward to 15%; provisioning for expected loss may hit profit

India Ratings forecasts bank credit growth at fifteen percent for fiscal year twenty twenty-seven. Lenders will face profitability challenges due to new provisioning requirements. Deposit growth is expected to increase, helping to moderate loan-to-deposit ratios. Non-banking finance companies will focus on asset quality amid global headwinds.

27 Aug 2026 6:45 pm
India committed to conclude trade pact with Chile this year: Commerce Minister

India is determined to conclude its trade agreement negotiations with Chile within this year. Commerce Secretary Rajesh Agarwal is on-site in Chile evaluating progress and held discussions with Paula Estevez Weinstein about the Comprehensive Economic Partnership Agreement. Both countries aspire to transform their shared ambitions into tangible trade prospects, with the objective of establishing fair and beneficial outcomes for their respective businesses.

27 Aug 2026 6:44 pm
Tejas Networks bags Rs 1,537 crore BSNL 4G order from TCS

Tejas Networks secured a Rs 1,537 crore letter of intent from Tata Consultancy Services. This order is for supplying equipment for Bharat Sanchar Nigam Ltd's 4G mobile network. TCS had previously won a Rs 2,903 crore add-on purchase order from BSNL. This new order supports BSNL's indigenous 4G network rollout plans. The agreement will help expand BSNL's network footprint across India.

27 Aug 2026 6:42 pm
Kotak Mahindra Investments' CFO Siddarth Gandotra resigns, Hiren Vora to succeed

Siddarth Gandotra resigns as CFO of Kotak Mahindra Investments Limited on August 31, 2026. Hiren Vora will assume the CFO role starting September 1, 2026. Vora brings eighteen years of experience within the Kotak group. Finance Minister Nirmala Sitharaman called for banking sector reform recommendations. A high-powered committee will examine banking's role in Viksit Bharat 2047.

27 Aug 2026 6:23 pm
Led Zeppelin's 1971 rock masterpiece, among Rolling Stones greatest solos, never charted on Billboard. Guitarist Jimmy Page reveals why

Widely hailed as one of the greatest, most iconic rock songs of all time, Led Zeppelins evergreen song Stairway to Heaven unfortunately did not set the charts on fire when it was released in 1971. However, it was not due to fans not appreciating the song. One creative difference kept the song from smashing the charts.

27 Aug 2026 6:20 pm
India to seek greater Japan market access for basmati rice in CEPA review:Piyush Goyal

India will seek greater market access for basmati rice in Japan. The nation also plans to expand processed food exports during trade agreement talks. Japan restricts rice imports, which India aims to address through discussions. Indian exporters must meet Japan's quality and safety standards for processed foods. The country is also focusing on infrastructure and manufacturing growth.

27 Aug 2026 6:10 pm
Transport ministry proposes low-beam only rule for two-wheelers to cut glare from April 2028

New two-wheelers will have automatic headlamps set to low beam from April 2028. This change aims to reduce glare and improve road visibility for all drivers. The maximum light intensity for two-wheeler headlamps will also be reduced significantly. Similarly, car headlamp intensity limits are being lowered to enhance safety.

27 Aug 2026 6:03 pm
Rasmalai from makhana? Top nutritionist shares healthy, homemade dessert recipe with 8g protein and just 180 calories

Top nutritionist Vanshika Khurana from Mumbai shared an easy homemade rasmalai recipe on Instagram. This recipe offers eight grams of protein and just 180 calories per serving. It uses toned milk, skimmed milk powder, and roasted makhana for thickening. Chopped nuts and zero-calorie sweetener enhance the flavor and texture. The dessert is served chilled, optionally with fruit pulp.

27 Aug 2026 6:03 pm
Gaurs Group expects Rs 5,500 crore sales bookings in FY27, to launch 3-4 housing projects in Yamuna Expressway, Noida

Gaurs Group anticipates achieving Rs 5,500 crore in sales bookings this fiscal year. The company has partnered with Seaform Germany for premium kitchen and wardrobe solutions. This collaboration will supply products worth Rs 150 crore over the next five years. Gaurs Group plans to launch several new housing projects by March next year. Demand remains strong in key regions due to limited supply from reputable builders.

27 Aug 2026 6:02 pm
Centre starts onion sale in capital at Rs 35/kg, 44% below market price

The government has started selling onions from its buffer stock at Rs 35 per kg. This move aims to provide relief to consumers and control prices before the festive season. Adequate onion supplies are available to meet domestic demand during the upcoming months. The government is also transporting bulk consignments through dedicated railway rakes. Proactive market interventions will ensure sufficient availability and moderate price pressures.

27 Aug 2026 5:48 pm
In 1923, a Kansas ranch family used small wind turbine to power its off-grid home. A century later, 50 giant turbines stand on the same ranch

For more than a century, a Kansas ranch family has harnessed the power of wind, beginning with a small generator. Their commitment to renewable energy has resulted in the installation of 50 commercial turbines, providing a reliable and profitable income stream beyond traditional farming methods. This initiative generates sufficient electricity to supply roughly sixty thousand homes each year, preserving the family ranch as a lasting heritage.

27 Aug 2026 5:45 pm
How Mahindra built India's most recognisable off-road vehicle portfolio

Mahindra's off-road vehicles have distinguished themselves by emphasizing terrain adaptability rather than conventional market classifications. Their engineering approach, deeply influenced by their Jeep licensing heritage, focuses on sturdy ladder frames and straightforward mechanics. The Scorpio and Thar models showcase this tough, serviceable design ethos. Although rugged, they come with compromises regarding ride comfort and fuel consumption, so potential buyers should carefully evaluate the

27 Aug 2026 5:45 pm
S&P affirms India ratings at 'BBB/A-2' with 'stable' outlook

S&P affirmed India's sovereign ratings at BBB/A-2 with a stable outlook. Strong economic fundamentals will help India withstand near-term pressures. Growth is expected to moderate this fiscal year due to shocks. However, diversification and investment will support future economic expansion. Fiscal consolidation is expected to gradually reduce government debt levels.

27 Aug 2026 5:40 pm
Plant-based protein market poised to reach Rs 9,000 cr in five years: Industry body PBFIA

India's plant-based protein ingredient market is set to double to Rs 9,000 crore within five years. Consumers are shifting towards targeted nutrition, driving significant growth in this sector. The plant-based food sector is expanding annually at eighteen percent, outpacing global rates. Currently, ninety percent of plant-protein ingredients are imported, presenting domestic manufacturing opportunities.

27 Aug 2026 5:39 pm
Quote of the day by Ricky Martin: Life is like a great teacher. She will repeat the lesson until you... - Grammy-winning singer on why you are unable to break your old patterns

Quote of the day by Ricky Martin: Ricky Martin shared a quote about life's recurring cycles and personal growth. He encouraged followers to view setbacks as opportunities for self-awareness and transformation. The quote emphasizes shifting from a victim mindset to personal accountability for outcomes. External changes cannot fix internal blind spots, which requires ownership of choices. Embracing this mindset empowers breaking toxic cycles and achieving personal freedom.

27 Aug 2026 5:37 pm
Realty firm iUSTUS to develop 25 lakh sq ft of residential, commercial real estate in Bengaluru

Realty firm iUSTUS is set to embark on an ambitious project, developing a staggering twenty-five lakh square feet across South and East Bengaluru. Committed to excellence in quality construction and professional execution, the founders, Pawan Sawhney and Santosh Soni, leverage their extensive real estate backgrounds to foster lasting value for both communities and homebuyers.

27 Aug 2026 5:34 pm
Dhuleva Group secures rights to redevelop two-acre land in South Mumbai

Dhuleva Group will develop a luxury housing project near Marine Lines. This project has a gross development potential of approximately one thousand crore rupees. Construction is expected to commence in the first quarter of twenty twenty-seven. The development will accommodate over two hundred seventy existing residents. This initiative is part of the developer's expansion strategy in South Mumbai.

27 Aug 2026 5:32 pm
Former Nomura banker Mangesh Ghogre joins BTIG

BTIG appointed Mangesh Ghogre as managing director in its Industrials Investment Banking group. Ghogre will focus on metals and mining coverage for the firm's clients. He brings over two decades of global investment banking experience across the US and Asia. Previously, Ghogre worked at ThinkEquity and founded One Capita Advisors. U.S. Bancorp completed its acquisition of BTIG, LLC on June 1, 2026.

27 Aug 2026 5:31 pm
BPCL explores buying Gulf oil on FOB basis, lifts Iraqi oil

Bharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the Strait of Hormuz. New US legislation could impact India's major Russian oil and gas purchases. Russia currently supplies a significant portion of India's oil needs. Securing crude oil will be a major challenge for Indian companies.

27 Aug 2026 5:28 pm
Sugar prices may fall soon as 3-3.5 lakh tonnes of refined sugar is expected to enter Indian market

Refined sugar stocks are entering the domestic market, helping ease supply concerns, while duty-free imports of raw sugar are expected to further strengthen availability ahead of the festive season. Ex-mill sugar prices have already fallen by around 20%, suggesting that speculation, rather than an actual shortage, was behind the recent price rise. Consumers can therefore expect sugar prices to become more reasonable in the coming days.

27 Aug 2026 5:25 pm
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