SENSEX
NIFTY
GOLD
USD/INR

Weather

image 26    C

Global Business News

The Economic Times

Global Business / The Economic Times

'Baseless and preposterous': Govt sources deny providing intel to US for sinking Iranian frigate

Indian government sources have strongly refuted claims that the Indian Navy shared intelligence with the US regarding an Iranian frigate. The vessel, IRIS Dena, was sunk by a US submarine near Sri Lanka. Iran has condemned the attack, calling it a war crime. The IRIS Dena had previously participated in India's Milan naval exercise.

6 Mar 2026 8:57 pm
Lok Sabha to take up notice on Monday for resolution to remove Om Birla as speaker

Once 50 members of the House stand up upon being called by the Chair, the notice will be considered as admitted. Then the resolution will be discussed and voted upon.

6 Mar 2026 8:57 pm
Word of the day: Lackadaisical

Understand the meaning of lackadaisical. This word describes a relaxed or unenthusiastic attitude towards tasks. It can impact work, studies, and relationships. Recognizing this mindset helps in making positive changes. Synonyms include indifferent and lazy. Lackadaisical behavior is seen in everyday situations like missing deadlines or ignoring assignments. A little effort makes a big difference.

6 Mar 2026 8:54 pm
India says it needs to build resource buffers, reprioritise fiscal spending

India is vulnerable to energy supply shocks, with crude oil stocks covering only about 25 days of demand and about 40% of its petroleum imports flowing through the Strait of Hormuz.

6 Mar 2026 8:52 pm
Karan Aujla announces new Mumbai concert after 'worst concert' row with free entry for March 3 fans; Check prices for new buyers, more

Following criticism of his Mumbai concert, Punjabi artist Karan Aujla is offering a free additional show to fans who attended the March 3 event. New tickets for this Mumbai 2.0 concert go on sale March 8. Original ticket holders receive complimentary access, with category upgrades available. The initial show faced fan complaints regarding arrangements.

6 Mar 2026 8:51 pm
Venus and Saturn will appear unusually close in the western sky this weekend Know when and how to watch

Get ready for a cosmic show! Skywatchers have a chance to witness Venus and Saturn arriving unusually close in the western sky. This celestial pairing is visible for a brief time following the sunset. Though they appear close from Earth, they remain around 900 million miles apart. Venus will be visible all summer, while Saturn fades, reappearing as a morning star in April.

6 Mar 2026 8:44 pm
Quote of the day by Michael Jordan: If you do the work, you get rewarded. There are no shortcuts in life.

Michael Jordans famous quote talks about the value of hard work and dedication in life. The basketball legend became successful through effort, discipline, and strong determination. His career shows that real achievements take time and commitment. The quote reminds people that success does not come from shortcuts but from consistent work, learning, and never giving up on goals.

6 Mar 2026 8:44 pm
Reddit post Im 32 and my body is sending me bills for my 20s: Viral post on work-life habits sparks debate

Young professionals are experiencing health problems in their early thirties due to lifestyle choices made in their twenties. A viral Reddit post highlighted how long work hours, poor sleep, and bad posture are causing persistent pain. Experts explain this is due to prioritizing immediate rewards over long-term health.

6 Mar 2026 8:39 pm
Diesel prices jump harder than gas heres the key reason behind the surge

US diesel prices today: Fuel prices are climbing, with diesel seeing a sharper increase than gasoline. Global tensions are disrupting oil markets and key shipping corridors. This impacts diesel, the primary fuel for US freight transport. Higher diesel costs can eventually affect consumer prices for everyday items. Oil prices are also rising amid the ongoing conflict.

6 Mar 2026 8:39 pm
US retail sales decline as consumer pullback deepens

US retail sales saw a slight dip in January. Government data revealed a 0.2 percent decrease, falling short of analyst forecasts. This slowdown is attributed partly to severe winter weather impacting consumer activity. However, experts anticipate a rebound in February, boosted by tax refunds and stimulus measures. Rising fuel prices remain a concern for future inflation.

6 Mar 2026 8:38 pm
US stock market biggest consecutive crash: Dow opens with 900-point loss after oil prices jump to highest in nearly 2 years Dow, S&P 500 and Nasdaq tumble nearly 2% within first 20 minutes of trading as jobs data misses hard

US stock market crash today began with a hard shock. The Dow Jones plunged 902 points to 47,051 within minutes of opening. The S&P 500 dropped 1.63% to 6,719. The Nasdaq fell 1.49% to 22,408. Markets reacted fast. Oil prices surged near two-year highs. WTI crude jumped above $89 per barrel after rising more than 10% in one session. The US jobs report added pressure. Nonfarm payrolls fell 92,000 in February while unemployment rose to 4.4%. Investors fear slowing growth and rising energy costs. Wa

6 Mar 2026 8:31 pm
Quote of the day by Michael Jordan: Dont be afraid to fail. Be afraid...

Michael Jordan's quote highlights the importance of trying new things. Fear of failure often stops people from pursuing goals. This message is relevant today in a rapidly changing world. Taking chances leads to learning and improvement. Persistence is key. The real regret comes from not attempting opportunities at all.

6 Mar 2026 7:48 pm
Trump says only 'unconditional surrender' of Iran will end war

Iran war: Donald Trump on Friday demanded Iran's unconditional surrender as the only acceptable outcome to end hostilities, while promising to help rebuild the country's economy if Tehran complied and installed new leadership. There will be no deal with Iran except UNCONDITIONAL SURRENDER, Trump wrote on his Truth Social platform.

6 Mar 2026 7:47 pm
Millions had data stolen in 2024 London transport hack: BBC

Transport for London said it had sent an email to more than seven million customers in September 2024 o inform them about the incident and that some customer data may have been taken.

6 Mar 2026 7:35 pm
Quote of the Day by Karl Marx: The theory of the Communists may be summed up in the single sentence: Abolition of private property.

Karl Marxs famous quote, The theory of the Communists may be summed up in the single sentence: Abolition of private property, spots a central concept of communist ideology. More than a century later, the quote continues to inspire debates about economic fairness, social justice, and the role of property within modern political and economic systems.

6 Mar 2026 7:34 pm
US jobs report today: nonfarm payrolls fall by 92,000 in February 2026 as unemployment rate rises to 4.4% what will the Fed do now and will the US stock market fall further?

US jobs report today: The U.S. jobs report for February 2026 shows a sharp labor market shock. Nonfarm payrolls fell by 92,000, while the U.S. unemployment rate rose to 4.4%, according to the U.S. Bureau of Labor Statistics. Economists expected 50,000 job gains, making this a major miss. Job losses hit health care, manufacturing, information services, and federal government. A major healthcare strike and severe winter weather worsened hiring. Yet average hourly earnings rose 0.4% month-over-mont

6 Mar 2026 7:28 pm
Nitish Kumar's son to join Janata Dal (United) on March 8

Nishant, son of Bihar Chief Minister Nitish Kumar, is set to join the Janata Dal (United) party. This move comes after Nitish Kumar filed his nomination for a Rajya Sabha seat earlier this week. Nishant's induction into the party is scheduled for March 8. This development marks a significant step for the Kumar family within the political landscape of Bihar.

6 Mar 2026 6:57 pm
The $6,000 senior tax break: What it means and who can claim the new deduction

A new tax rule in the United States gives many older adults a chance to reduce their taxable income. Seniors aged 65 and above may qualify for a special deduction when filing federal taxes. The benefit has income rules and requires an extra form when filing. Many experts say this tax change could help older Americans manage rising living costs.

6 Mar 2026 6:55 pm
Karnataka plans relief from annual professional tax return filing

Bengaluru Chief Minister Siddaramaiah announced a significant relief for professional tax payers. The state government will exempt individuals who have paid their full annual professional tax from filing returns. This move aims to simplify compliance for professionals and small businesses. The Karnataka Tax on Professions, Trades, Callings and Employments Act, 1976 will be amended to implement this change.

6 Mar 2026 6:55 pm
Daylight Saving Time 2026: Exact date the clocks change and key details to know

Daylight saving time begins on March 8, 2026. Clocks will move forward one hour at 2 a.m. local time. This means most Americans will lose an hour of sleep. Daylight saving time will end on November 1, 2026. Hawaii and Arizona do not observe daylight saving time. Phones should update automatically.

6 Mar 2026 6:54 pm
Alison Lewandowski: What to know about Corey Lewandowskis wife after his alleged relationship with Kristi Noem

Speculation surrounding Corey Lewandowski and Kristi Noem has once again gained the spotlight in Washington after a major leadership change at the Department of Homeland Security (DHS). The discussion amplified after President Donald Trump removed Noem from her position as DHS secretary, initiating fresh media and public interest in the private lives of those associated with the situation. The renewed scrutiny has also turned focus toward Alison Lewandowski, his wife.

6 Mar 2026 6:53 pm
6 foods that help control sugar spikes naturally

Managing blood sugar is less about restriction and more about strategic inclusion. In the Indian dietary context, we have access to several super-ingredients that act as natural buffers against glucose volatility. Here is the story of 6 Indian foods that help flatten the sugar curve and maintain steady energy levels throughout your day in 2026.

6 Mar 2026 6:43 pm
Middle East Crisis disrupts air travel: Over 140 international flights cancelled in India

International flights to and from India faced significant disruption due to the Middle East crisis. Over 140 flights were cancelled across major Indian airports on Friday. Airlines are now resuming limited services. Special flights are being arranged to bring back stranded passengers. The government is closely monitoring the evolving situation.

6 Mar 2026 6:39 pm
Gulf sovereign wealth funds were built for a rainy day. This may be it

Gulf sovereign wealth funds, with assets in the trillions, are navigating a crucial crossroads. Iran's recent maneuvers could disrupt oil exports, placing significant pressure on national economies. These funds serve as a vital financial cushion, allowing governments to address rising defense expenditures and counteract economic downturns.

6 Mar 2026 6:36 pm
Defence exports poised to reach Rs 29,000 crore by April 2026: Rajnath Singh

Defence Minister Rajnath Singh inaugurated Sagar Sankalp in Kolkata. He stressed self-reliance and technological advancement for India's maritime and defence sectors. India aims to become a top shipbuilding nation by 2030 and top five by 2047. Domestic defence production and exports are reaching record highs. The government is fostering a strong domestic industrial ecosystem for future challenges.

6 Mar 2026 6:35 pm
Peaky Blinders: The Immortal Man movie When will it be available on Netflix

Peaky Blinders: The Immortal Man carries the story forward in a feature film format, with Oscar-winning actor Cillian Murphy reprising his celebrated role as Thomas Shelby, the shrewd and formidable head of the Shelby crime family.

6 Mar 2026 6:34 pm
6 foods that help you sleep better at night

Struggling with restless nights? This story reveals seven Indian foodsfrom traditional Haldi Doodh to magnesium-rich Makhanathat naturally boost melatonin and serotonin. Learn how to use these local ingredients to calm your nervous system, stabilize blood sugar, and achieve deep, restorative sleep throughout 2026.

6 Mar 2026 6:34 pm
Fed rate cut outlook: Will the Federal Reserve hold back policy rate cuts following the Taylor Rule as signs of rising inflation fuel the US stock market crash?

Fed rate cut outlook: Dow Futures dropped 232 points to 47,751 as inflation fears hit the US stock market. Oil surged from $72.50 to $82 per barrel after the Iran conflict. Investors now question the Federal Reserve rate cut outlook. The Fed funds rate remains 3.5%3.75%. Economists say a $10 oil rise can lift US core inflation by 0.1%. That pressure could force the Federal Reserve to pause rate cuts under the Taylor Rule. Markets now watch Fed policy, inflation data, and US interest rates closel

6 Mar 2026 6:29 pm
After Trump fires Kristi Noem, Corey Lewandowski may be next as reports hint at another shake-up

The dismissal of Kristi Noem as head of the Department of Homeland Security has sparked debate regarding the internal dynamics within the agency and the influence of her close ally Corey Lewandowski. Lewandowski, who served as an unpaid adviser and was widely viewed as a powerful personality inside the department, is now expected to depart following the leadership change ordered by President Donald Trump.

6 Mar 2026 5:59 pm
China expresses 'grave concern' over EU's proposed Industrial Accelerator Act

China's commerce ministry has raised its voice against the European Union's recent Industrial Accelerator Act, which seeks to impose tight constraints on foreign investments in vital areas including batteries, electric vehicles, and solar technology. The Chinese government perceives these regulations as a form of protectionism that risks destabilizing international trade.

6 Mar 2026 5:56 pm
Gold and silver prices surge today while copper and platinum crash 5 key reasons behind the sharp move in gold, silver, copper, and platinum markets

Gold prices surged to $5,090.20 and silver climbed to $82.52 on March 6, 2026, signaling strong safe-haven demand. The gold and silver price surge comes as investors seek protection from geopolitical risk and market volatility. Meanwhile, copper prices slipped to $5.80 per pound and platinum dropped to $2,125, reflecting weaker industrial demand outlook. Copper depends on construction and manufacturing growth. Platinum tracks auto sector demand. This divergence shows investors shifting toward pr

6 Mar 2026 5:55 pm
Quote of the Day by Elizabeth Edwards: She stood in the storm and when the wind did not blow her way, she

Quote of the day attributed to her remains a powerful reminder that resilience is not simply about resisting lifes storms. Sometimes, the most courageous act is adjusting ones sails and continuing the journey forward.

6 Mar 2026 5:54 pm
Pakistan's airstrikes killed mostly Afghan women and children: UN report

The UN body said that from late evening on February 26 to March 5, it verified and recorded 185 civilian casualties in Afghanistan due to indirect fire and aerial attacks linked to cross-border armed clashes with Pakistan.

6 Mar 2026 5:53 pm
Assam: UPPL's Promod Boro says his Rajya Sabha nomination backed by three minority MLAs

The three MLAs belonged to the All India United Democratic Front (AIUDF). While opposition parties in Assam could not field a candidate for Rajya Sabha seat, NDA has fielded candidates for all the three seats. UPPL is an ally of the BJP government in Assam.

6 Mar 2026 5:48 pm
Formula One 2026 Race Schedule: Full calendar, teams and live streaming details

The 2026 Formula One season kicks off on March 8 in Australia, ushering in a new era with major regulation changes. An expanded 11-team grid will compete across a global calendar, featuring iconic circuits and a highly anticipated driver lineup. Fans can follow the action live on FanCode and F1 TV.

6 Mar 2026 5:47 pm
Supreme Court raps delayed appeals, warns disobedient litigants of contempt

The Supreme Court strongly criticizes government bodies for ignoring court orders and delaying appeals. This practice is eroding public trust in the judiciary. The court emphasizes that such disobedience will be dealt with firmly. High courts are urged to take a strict stance against these 'unscrupulous litigants'. Non-compliance can lead to contempt proceedings for all involved.

6 Mar 2026 5:47 pm
Oil surge may push WPI up 1%, widen CAD: Report: Bank of Baroda

A 10% increase in global oil prices is estimated to have a direct impact of approximately 0.7-1 per cent on India's Wholesale Price Index (WPI). According to a report by Bank of Baroda on the Middle East crisis, the overall effect could reach a 1 per cent increase in WPI inflation when indirect impacts are included.

6 Mar 2026 5:41 pm
Origin of the Universe: Did you know the cosmos started from a single point? Another surprise it is still expanding faster than the speed of light

About 13.8 billion years ago, the origin of the universe began with the Big Bang. Scientists say all space, time, matter, and energy emerged from a tiny, dense point. Today, the universe is still expanding. Data from Hubble and Planck missions confirms this. Galaxies move away as cosmic expansion stretches space. The Hubble constant near 70 km/s/Mpc measures this growth. At vast distances, expansion appears faster than light because space itself expands. The universe now spans about 93 billion l

6 Mar 2026 5:39 pm