SENSEX
NIFTY
GOLD
USD/INR

Weather

image 25    C

Global Business News

The Economic Times

Global Business / The Economic Times

Over Rs 15k cr disbursed to exporters till December 25 this fiscal under duty refund scheme RoDTEP

In a significant move for exporters, India's government has rolled out more than Rs 15,700 crore through the RoDTEP initiative this year, benefitting over 1.11 lakh businesses.

13 Mar 2026 11:05 pm
Book of the Day: The Poisonwood Bible Barbara Kingsolvers sweeping novel of faith, family and colonial history

Book of the Day: Barbara Kingsolvers storytelling reminds readers that history is not just shaped by governments and leaders but also by the lives of ordinary families navigating unfamiliar worlds.

13 Mar 2026 11:04 pm
Quote of the day by Alistair MacLean: 'To all things an end. To every night a dawn. Even to longest night when...' - lessons on resilience and overcoming hard times by The Guns of Navarone and Where Eagles Dare author

Quote of the day by Alistair MacLean: Renowned thriller author Alistair MacLean's powerful quote, To all things an end. To every night a dawn, offers enduring hope and resilience. His words remind us that even the longest nights eventually yield to a new day, a message deeply rooted in his own wartime experiences and prolific writing career.

13 Mar 2026 10:58 pm
India, UK trade pact may come into effect in one month from now: Piyush Goyal

India and the UK, on July 24 last year, signed the Comprehensive Economic and Trade Agreement (CETA) under which 99 per cent of Indian exports will enter the British market at zero duty, while tariffs on British products, such as cars and whisky, will be reduced in India.

13 Mar 2026 10:57 pm
Indias imports from China slowed overtime, exports grow faster: Govt tells Parliament

India's imports from China are slowing, with exports growing faster this fiscal year. The government highlighted reduced dependency on Chinese imports in sectors like mobile phones, while also detailing non-tariff barriers faced by Indian exporters to the EU and the benefits of the RoDTEP scheme.

13 Mar 2026 10:56 pm
Americans could get $3,000 checks under new bill see who qualifies

Americans Could Receive $3,000 Check: About 938 U.S. billionaires could fund a major relief plan. Under a new bill from Bernie Sanders and Ro Khanna, Americans could receive a $3,000 check through a 5% billionaire wealth tax. The proposal targets households earning $150,000 or less. A family of four could receive $12,000. Lawmakers estimate $4.4 trillion in revenue over 10 years. The bill aims to reduce wealth inequality while supporting healthcare, childcare, and housing programs.

13 Mar 2026 10:53 pm
Narendra Modi psychologically finished, govt gave away Indias energy security: Rahul Gandhi on US trade deal

Rahul Gandhi boldly proclaimed that Prime Minister Narendra Modi is psychologically out of the game, sharply critiquing the administration for its lack of gains from the interim trade deal with the US. He committed to initiating a caste census with the Congress party, ensuring representation for Dalits, Adivasis, backward classes, and minorities in the governance of India.

13 Mar 2026 10:41 pm
Cathie Wood predicts oil could crash 50% even as Strait of Hormuz crisis shakes markets amid Iran war

Cathie Wood Oil Price Forecast: Oil markets jumped nearly 50% during the Strait of Hormuz crisis, with WTI crude touching almost $120 before easing. Yet Cathie Wood warns the long-term outlook could flip. She says electric vehicles, autonomous mobility, and falling oil demand may push crude prices toward $50 per barrel in the next decade. Short-term war shocks lift prices. But technology could reshape global energy markets and trigger a deeper oil price decline.

13 Mar 2026 9:52 pm
New IRS update could impact millions filing taxes this year - what you should know

IRS tax update 2026:Millions of Americans filing taxes will find the IRS's updated online withholding estimator crucial. Reflecting recent tax law changes, including new deductions and credits for workers and seniors, the tool helps adjust paycheck deductions. This aims to prevent unexpected tax bills and ensure taxpayers keep more of their earnings throughout the year.

13 Mar 2026 9:52 pm
US, India moving very close to finalising critical minerals agreement: Envoy Sergio Gor

The United States and India are close to finalizing a critical minerals agreement. A significant announcement is anticipated in the coming months. This pact aims to secure supply chains for advanced manufacturing and emerging technologies. The US envoy highlighted recent breakthroughs in trade, technology, and strategic coordination, underscoring a growing partnership.

13 Mar 2026 9:44 pm
Founder earning 2 lakh from business says job may offer a better life than entrepreneurship

A hardware business owner challenges the popular 'hustle culture'. Despite earning more than their previous job, they miss the structured environment and professional interactions. The entrepreneur finds dealing with uneducated suppliers and unpredictable behavior mentally exhausting. They suggest that for some, a traditional job offers a better quality of life than entrepreneurship.

13 Mar 2026 9:41 pm
Word of the Day: Loquacious

Loquacious describes someone who talks a lot, sometimes so much that they dominate conversations. Unlike casual words like chatty or talkative, it often hints at eloquence or even overwhelming speech. Loquacious people can keep discussions flowing, but they may unintentionally overshadow others. Whether in social, professional, or literary contexts, loquacious is a versatile word worth adding to your arsenal.

13 Mar 2026 9:40 pm
Iran arranges special transport to send sailors back from India

Iran is coordinating special flights for around 180 Indian sailors, mainly departing from Kochi. Tragically, this mission also includes returning the remains of those lost when a US submarine sank their vessel near Sri Lanka. This comes in light of the unfortunate incident with the Iranian frigate IRIS Dena.

13 Mar 2026 9:35 pm
This Uber engineer became senior director in 6 years and now earns three times his starting salary

Madan Thangavelu, a senior director at Uber, achieved a remarkable promotion from senior software engineer to senior director in just six years. He attributes his rapid ascent to proactively taking on responsibilities beyond his role, building strong relationships with managers, and understanding the critical importance of timing when presenting innovative ideas to the organization.

13 Mar 2026 8:54 pm
Temptation Island Season 10 Release Date announced: Meet the Four couples testing their love on Netflix

Temptation Island Season 10 will once again centre on four couples who travel to a tropical destination to test the strength of their relationships. As part of the experiment, the partners are separated and placed in villas with a group of singles whose presence is meant to challenge their commitment, pushing participants to confront insecurities and questions about their relationships.

13 Mar 2026 8:47 pm
Quote of the day by Lin Yutang: 'Sometimes it is more important to discover what one cannot do, than what...' lessons on self-awareness, self-reflection and knowing personal limits by The Importance of Living author

Quote of the day by Lin Yutang: Lin Yutang's quote emphasizes the importance of recognizing personal limitations for self-awareness and growth. Understanding what one cannot do guides choices, conserves energy, and fosters realistic goals, ultimately leading to greater fulfillment and success. This perspective encourages humility and better collaboration by acknowledging boundaries.

13 Mar 2026 8:44 pm
US job openings rise to a better-than-expected 7 million despite sluggish labor market

In January, American job openings surged to nearly 7 million, yet the actual pace of hiring has noticeably dwindled. This paradox points toward a hiring recession in the United States. Although layoffs remain low, job seekers are encountering hurdles. Factors such as elevated interest rates, uncertain policies, and the impact of artificial intelligence are shaping the labor market landscape.

13 Mar 2026 8:44 pm
Quote of the day by Dustin Hoffman: Life stinks, but that doesn't mean you don't enjoy it.

Life stinks, but that doesn't mean you don't enjoy it the quote by Dustin Hoffman reflects a realistic yet optimistic view of life. Hoffman, an acclaimed actor popular for movies like The Graduate, Kramer vs. Kramer, and Rain Man, suggests that life includes both struggles and joyful moments. His words remind us that challenges, disappointments, and setbacks are unavoidable parts of the human experience. However, they should not prevent people from appreciating happiness, relationships, and pers

13 Mar 2026 8:40 pm
Middle East War: Trump says its an honor to kill Iranian military leaders

President Donald Trump said Friday he feels honored to be killing Iran's leadership, calling them deranged scumbags. We have unparalleled firepower, unlimited ammunition, and plenty of time -- Watch what happens to these deranged scumbags today, Trump posted on Truth Social.

13 Mar 2026 8:39 pm
Namami Gange failed to deliver expected results in Uttarakhand: CAG report

A CAG report reveals the Namami Gange program failed in Uttarakhand. Implementing agencies showed major flaws. Sewage treatment plants had defective designs and poor maintenance. Drains discharging into the Ganga were not tapped. Waste was dumped near rivers. Funds were underutilized. Local communities were not involved. This led to infrastructure not being used.

13 Mar 2026 8:33 pm
The economics of bombing Iran is getting tough for America

Two weeks into Operation Epic Fury, the US faces a financially punishing war against Iran. Billions are being spent on advanced munitions, depleting stockpiles and prompting a request for tens of billions more. The high cost of precision weapons and the imbalance with cheaper Iranian drones present a significant economic challenge.

13 Mar 2026 8:32 pm
Why US stock market surging today: Dow Jones, S&P 500, Nasdaq rise as Russell 2000 leads - PCE inflation data boosts Fed rate-cut hopes

Why US stock market surging today: The Dow Jones stands at 46,809.47, up 131 points. The S&P 500 reaches 6,681.73. The Nasdaq climbs to 22,324.48. The Russell 2000 jumps 1.16%, leading the rally. Nearly 70% of US stocks are advancing. Fresh PCE inflation data rose 0.3%, while core PCE increased 0.4%. Investors now expect a Federal Reserve rate cut in 2025. Strong buying appears in Nvidia, Intel, Micron and Nokia. Meanwhile WTI crude trades near $94 and gold holds around $5,094. Markets also watc

13 Mar 2026 8:27 pm
Nancy Guthrie case update: What leads police to believe the abductor may target again

Investigators say preliminary evidence indicates that Nancy Guthrie may have been intentionally targeted, though authorities have not yet reached a definitive conclusion.

13 Mar 2026 7:44 pm
Quote of the Day by Michael Sandel, Justice is not only about the right way to distribute things. It is also about the right way to... Why Sandel asks: What should society honor profit alone, or human dignity and the common good?

Quote of the Day by Michael Sandel: More than 20 million people watched the famous Justice lectures by Michael Sandel at Harvard University. His quote remains powerful. Justice is not only about distributing wealth. It is about valuing things correctly. Sandel asks a key question. Should markets decide everything? Or should society protect dignity and fairness? His philosophy challenges profit-driven systems and highlights ethics, equality, and the common good in modern democracy.

13 Mar 2026 7:40 pm
Viral video of elderly DoorDash driver working to make ends meet leads to $500,000 in donations

A viral video of Richard Pulley, a 78-year-old working as a delivery driver in Manchester, sparked widespread support online. The clip featured him carefully delivering a Starbucks order, initiating viewers to learn more about his situation. After discovering that Pulley and his wife had returned to work because of financial pressures and medical expenses, thousands of people donated money to help them. A fundraiser launched on GoFundMe rapidly gained momentum, collecting around $500,000.

13 Mar 2026 7:35 pm
No evidence Iran has mined Strait of Hormuz, Pentagon's Hegseth says

U.S. Defense Secretary Pete Hegseth stated there is no clear evidence Iran has placed mines in the Strait of Hormuz, contradicting earlier news reports. This assessment comes as global oil prices remain high amid the ongoing U.S.-Israel war.

13 Mar 2026 7:34 pm
$1,800 tax break for parents? New Family Bill promises big savings

New family tax bill 2026: Connecticut families may soon get a tax break. Lawmakers are considering a new bill for a child tax credit. Eligible households could receive up to $600 per child. This aims to ease the burden of rising living costs. The proposal could help families with essential expenses. Connecticut would join other states with similar credits if the bill becomes law.

13 Mar 2026 7:32 pm
JEE Main 2026 Session 2 application window reopens at jeemain.nta.nic.in; check deadline and exam dates

The National Testing Agency has reopened the application window for JEE Main 2026 Session 2. Candidates can now apply until March 13, 2026. Fee payment is also due by March 13, 2026. The JEE Main 2026 Session 2 exams will be held from April 2 to April 9, 2026.

13 Mar 2026 7:30 pm
Environment Ministry amends forest conservation norms for land diversion of over 40 hectares

Earlier, for every proposal that involved more than 40 hectares of forest land, the conservator of forests of the forest circle in question had to carry out a field inspection -- in addition to the verification by the divisional forest officer (DFO) concerned.

13 Mar 2026 7:26 pm
US economic growth sharply lower than estimated in fourth quarter

The US economy grew at a significantly slower pace than initially estimated for the final months of 2025, government data showed Friday, a major downgrade that comes as fallout from war in the Middle East looms. Trump was quick to blame a lengthy government shutdown late last year for the slowdown in growth when early estimates were released last month.

13 Mar 2026 7:22 pm
$100 oil warning: 5 everyday expenses that could soon get more expensive

Oil price warning: Oil prices above $100 per barrel have returned, with Brent crude and West Texas Intermediate crude crossing $108. The surge followed tensions involving Iran. Fuel costs reacted fast. US gasoline jumped to $3.40 per gallon in days. Rising oil prices now threaten transport costs, grocery prices, airline tickets, and household goods. Experts at the International Energy Agency say energy can drive nearly 50% of production costs, fueling broader inflation and consumer price pressur

13 Mar 2026 6:49 pm
Maharashtra Freedom of Religion Bill 2026 introduced in assembly

As per the Bill, those involved in unlawful conversions on the pretext of marriage will be punished with imprisonment of seven years and shall also be liable for fine of Rs 1 lakh.

13 Mar 2026 6:40 pm
Quote of the day by Jackie Joyner-Kersee: 'It's better to look ahead and prepare, than to...' lessons on success, preparation and life choices by the greatest female athlete of the 20th century and six-time Olympic medalist

Quote of the day by Jackie Joyner-Kersee: Legendary athlete Jackie Joyner-Kersee shares a powerful message. She advises looking ahead and preparing for what comes next. This approach helps avoid future regrets. Joyner-Kersee's own life shows the impact of dedication and foresight. Her journey inspires many to plan wisely and act decisively.

13 Mar 2026 6:38 pm
You want us to run entire country, asks Supreme Court; dismisses plea seeking sweeping directions

The plea had sought a range of directions to the Centre and others to ensure public safety, including but not limited to maintenance, routine inspection and regular auditing of public infrastructure, such as roads, bridges and electric wiring, among others.

13 Mar 2026 6:38 pm
BET Season 2: When will new episodes of the teen crime drama arrive on Netflix? Expected release date

The series, which premiered in 2025, is a Netflix Original created by Simon Barry, best known for his work on Warrior Nun. It draws inspiration from the Japanese manga Kakegurui, written by Homura Kawamoto and illustrated by Tru Naomura.

13 Mar 2026 6:36 pm
Iran strikes end Dubai dreams for Pakistani workers

Pakistani labourers are caught in the crossfire of Middle East conflicts. Two Pakistani men were killed in Dubai due to retaliatory strikes. Their families are mourning the loss of sole breadwinners. These workers send vital remittances home, supporting millions. The ongoing conflict threatens these earnings and the livelihoods of many families.

13 Mar 2026 6:33 pm