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Global Business / The Economic Times

Volkswagen scraps revenue growth forecast as tariffs, China weigh

Volkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costly tariffs and competition. Second-quarter results showed a significant profit slump, prompting a restructuring plan. This plan includes a proposed reduction of approximately 100,000 jobs across the group. The German auto giant aims to improve its cost competitiveness in challenging markets.

24 Jul 2026 11:58 am
Shreyas Iyer's India look to continue revival and seal T20I series against Zimbabwe

India seeks to extend their winning momentum in the second T20I match. Young Vaibhav Sooryavanshi's quick fifty set up their opening series victory. Mayank Yadav's strong bowling performance also contributed significantly to the win. Zimbabwe lost too many wickets during their powerplay overs. The teams will face off again on Saturday in Harare.

24 Jul 2026 11:55 am
Nestle pushes for simpler US food labels to shed 'Frankenstein' ingredients image

Nestle is lobbying US authorities to allow food labels to use common ingredient names, such as vitamin C instead of ascorbic acid, arguing technical terms discourage consumers from buying safe products. The push comes as the Trump administration reviews food-labelling rules under its Make America Healthy Again initiative.

24 Jul 2026 11:55 am
India's batting prodigy Vaibhav Sooryavanshi draws confidence from maiden fifty against Zimbabwe

Vaibhav Sooryavanshi scored a quick fifty in India's T20 victory over Zimbabwe. He expressed happiness with his performance and the venue's atmosphere. Mayank Yadav returned effectively from a lengthy injury layoff. The fast bowler secured two crucial wickets in his spell. India leads the three-match series after this opening win.

24 Jul 2026 11:54 am
While Mayank Yadav was breaking speed guns in Zimbabwe, his father was quietly performing Govardhan Parikrama in Mathura

Mayank Yadav returned to international cricket with a wicket on his first ball. He bowled impressively at 149 kph after two years of injuries and rehabilitation. His father, Prabhu Yadav, was unaware of his son's success during a pilgrimage. Mayank's comeback proves his resilience and talent after multiple setbacks.

24 Jul 2026 11:52 am
West Bengal plans container homes in Sandakphu, 100 tourist hubs to boost North Bengal tourism

The West Bengal government plans to set up 10 container homes in Sandakphu and 100 boutique-style tourist information centres across North Bengal. The facilities will offer accommodation, cafes, local cuisine, handicrafts and tourist services, while involving self-help groups to generate employment, improve infrastructure and boost tourism and revenue.

24 Jul 2026 11:48 am
Indian men's cricket team get direct entry into Asian Games knockouts

India and three other nations have secured direct entry into the 2026 Asian Games cricket knockout stage. Afghanistan, Japan, and Nepal will compete in preliminary rounds for remaining spots. The draws for both men's and women's tournaments were announced on Thursday. The women's competition begins with quarter-final fixtures from September 17. Men's matches will run from September 24 to October 1 in Nagoya.

24 Jul 2026 11:46 am
Sonam Wangchuk ends fast: What happens next to CJP protest, negotiations with govt and steps to resolve NEET paper leak crisis

Sonam Wangchuk ended his hunger strike after 26 days following government assurances. The Centre promised no legal action against peaceful NEET protesters. A delegation will meet ministers regarding the exam leak controversy. Prime Minister Modi pledged stricter actions against future paper leaks. The Cockroach Janta Party continues its protest for the minister's resignation.

24 Jul 2026 11:44 am
Assam flood situation: 47 dead, 40 missing, 7.21 lakh people affected

Assam's flood situation remains critical with 47 deaths and over 7.21 lakh people affected. Many rivers continue to rise due to incessant rains, impacting eleven districts severely. The Chief Minister will review the deteriorating situation with district officials today. Around 40 people are still missing, and the death toll is expected to increase. A central government team will visit the state on July 25 to assess damage.

24 Jul 2026 11:37 am
CJP founder Abhijeet Dipke says party members may be arrested tonight amid Jantar Mantar protest

According to the Cockroach Janta Party, their leaders are at risk of arrest tonight. The group intends to persist with their demonstration at Jantar Mantar until the minister resigns. Their founder has encouraged supporters to spread the movement throughout the country. Meanwhile, they are having talks with high-ranking Bharatiya Janata Party members. The party celebrated the end of Sonam Wangchuk's hunger strike.

24 Jul 2026 11:28 am
US strikes Iran and Bahrain warns of incoming fire as clashes over shipping routes escalate

Bahrain activated sirens amid escalating U.S. and Iran strikes over the Strait of Hormuz. Yemen's Houthi rebels targeted Saudi oil tankers, potentially widening the conflict. International oil prices surged past one hundred dollars a barrel due to these disruptions. The Houthis also threatened to shut down the Bab el-Mandeb Strait trade route.

24 Jul 2026 11:27 am
UK PM Andy Burnham heads north to kickstart English 'devolution' plans

UK PM Andy Burnham's setting up of his northern office in Manchester aims to transfer power from London and stimulate regional growth. Experts, however, caution that it could merely facilitate de-concentration instead of authentic devolution, leaving Englands political landscape still heavily centralised despite regional leadership efforts.

24 Jul 2026 10:59 am
Conservation agriculture can boost wheat protein content by up to 12%, improve water efficiency: Study

A study finds conservation agriculture with drip irrigation can boost wheat protein content by up to 12% while improving yield and resource efficiency.

24 Jul 2026 10:53 am
India's private sector growth slumped to over four-year low in July, PMI shows

Indias private sector growth slowed sharply inJuly, reaching its weakest level in more than four years, mainly due to a significant slowdown in theservices sector. The HSBC Flash India Composite PMI, compiled by S&P Global, declined to54.3 in July from 57.1 in June, though it remained above the 50-point threshold indicating continued expansion.

24 Jul 2026 10:49 am
Quote of the day by Keanu Reeves: Being 'raised right' doesn't mean you don't drink, party and smoke. Being raised right is how you John Wick star on manners, respect and true character

Keanu Reeves' quote highlights that true character stems from respect and kindness. This perspective resonates widely, reflecting his admired public persona. Reeves, a Canadian actor, has a career spanning over four decades in entertainment. His personal life has faced significant heartbreak and loss. The quote encourages judging people by their actions, not their habits.

24 Jul 2026 10:47 am
Glasgow 2026 Commonwealth Games open with scaled-down format and a promise of a sustainable future

In a grand display at Glasgow's OVO Hydro, the 23rd Commonwealth Games commenced with King Charles III's official opening. He underscored the importance of global unity and renewed hope. The ceremony was a dazzling tribute to Scottish traditions, featuring eclectic musical acts and cultural displays. Athletes from around the world entered the arena, heralding a significant shift towards inclusivity and environmental stewardship in Commonwealth Sports.

24 Jul 2026 10:24 am
Maruti Suzuki Brezza facelift launch today: Check expected price in India, design updates, features, engine and variants

The Maruti Suzuki Brezza facelift is launching today with minor exterior styling updates. Its interior receives a larger touchscreen and revised climate control panel. Advanced safety features like blind spot warning and a 360-degree camera are included. The SUV retains its 1.5-litre petrol engine and automatic transmission option. A new six-speed manual gearbox replaces the previous five-speed unit.

24 Jul 2026 10:21 am
NDRF rescues 67 people from floodwaters in Gujarat's Navsari; operation underway

The NDRF rescued 67 people, including 25 women and 22 children, from flood-hit Sarikhurad village in Gujarat's Navsari district, with rescue operations still underway. The Gujarat government has intensified relief efforts, deploying Army, NDRF, SDRF and fire personnel across the worst-affected districts. Thousands of residents have been evacuated to safe shelters as heavy rainfall caused overflowing dams, road closures and widespread flooding. Chief Minister Bhupendra Patel and senior officials

24 Jul 2026 9:58 am
Donald Trump finds a new way to impose tariffs but Asia isn't buying the reason

US President Donald Trump's newTrump tariffsof 10% to 12.5% on imports from 60 trading partners, including India, have sparked criticism from Japan, Australia, Singapore and New Zealand. TheTrump tariffs, linked toforced labourenforcement under Section 301, replace temporary global duties after a US Supreme Court setback.

24 Jul 2026 9:53 am
India reiterates WTO-consistent trade policy, calls for development-oriented reforms

India concluded its eighth Trade Policy Review at the WTO. Members broadly appreciated India's constructive engagement and economic resilience. India reiterated its commitment to transparent and WTO-consistent trade policies. It also emphasised development-oriented WTO reforms for developing countries.

24 Jul 2026 9:35 am
Commonwealth Games 2026 Schedule India Today (July 24): Boxing and swimming in focus as India eyes more medals; check full schedule for day 2

Commonwealth Games 2026 Schedule India Today: India aims to expand its medal count on day two of the games. Swimmers and boxers will begin their competitive campaigns today. Para powerlifters are also poised to compete for medals in their events. Lawn bowls and gymnastics also feature Indian athletes in action. Viewers can catch the action live on Sony LIV and television.

24 Jul 2026 8:45 am
Ken-Betwa activist Bhatnagar ends 18-day hunger strike on mother's request

Activist Amit Bhatnagar has ended his 18-day hunger strike against alleged irregularities in the rehabilitation and compensation of families displaced by the Ken-Betwa river-linking project and other irrigation schemes in Madhya Pradesh. His fast ended after his mother persuaded him following his discharge from hospital, while the administration said it would examine complaints and the activist welcomed the decision to conduct a fresh survey and joint inquiry into the allegations.

24 Jul 2026 8:39 am
Jammu & Kashmir: Massive damage to power infrastructure in Rajouri in flash floods; restoration work underway

Flash floods in Rajouri have severely damaged local power infrastructure, washing away and damaging many transformers. Power Development Department authorities are working around the clock to restore electricity to affected areas. Additional manpower and local residents are assisting in the challenging restoration drive.

24 Jul 2026 8:32 am
Devshayani Ekadashi 2026: Check the correct date, parana time, significance, vrat rules, puja rituals and fasting guidelines

Devshayani Ekadashi in 2026 falls on Saturday, July 25, dedicated to Lord Vishnu worship. Devotees will observe a strict fast and perform prayers for peace and prosperity. The Ekadashi tithi begins on July 24 and concludes on July 25. The fast breaking ritual, known as Parana, will occur on Sunday, July 26. This sacred day involves specific puja rituals and adherence to a Sattvik lifestyle.

24 Jul 2026 7:49 am
US is ready to help end the 'senseless war' in Ukraine but no quick deal ahead, Rubio says

Secretary Rubio expressed the Trump administration's commitment to ending the Ukraine war. He acknowledged that diplomacy requires sustained effort and new ideas for resolution. Discussions also focused on escalating fighting in the Middle East and South China Sea. China defended its maritime military actions while the Philippines reported harassment.

24 Jul 2026 7:38 am
Weather Today, July 24: IMD predicts heavy rain in Maharashtra, Gujarat, Uttarakhand, Himachal & Northeast; showers likely in Delhi-NCR

Weather Today July 24: India Meteorological Department forecasts widespread monsoon activity for July twenty-fourth. Heavy to extremely heavy rainfall is expected in western, northern, and northeastern regions. Several states including Maharashtra and Gujarat will likely experience intense showers and thunderstorms. Major cities like Delhi and Mumbai anticipate cloudy skies with intermittent rain. High humidity and moderate temperatures will prevail across the country.

24 Jul 2026 7:31 am
Inside Iran's accelerating execution campaign amid wartime crackdown

Iran has executed dozens of political prisoners since the war began. Activists fear intensified executions to instill societal fear and silence dissent. Hundreds of political prisoners and protesters currently face capital charges. Many inmates protest executions for drug-related charges and murder. The nation remains a prolific executioner, second only to China.

24 Jul 2026 6:54 am
HSBC to sell Singapore insurance unit to Allianz in $2.1 billion deal

HSBC will sell its Singapore life and health insurance business to Allianz. This deal is valued at S$2.7 billion and is expected to close in early 2027. The sale will help HSBC simplify its operations and focus on core markets. Allianz gains a significant expansion opportunity in Singapore's regulated market. HSBC will continue distributing insurance products through a 15-year bancassurance agreement.

24 Jul 2026 6:32 am
Salman Rushdie recounts near-fatal stabbing as attacker faces terrorism trial

Salman Rushdie described his near-fatal stabbing during a terrorism trial. He recounted the ambush which occurred on an amphitheater stage four years ago. The author detailed his injuries and lengthy recovery process. His attacker, Hadi Matar, faces federal charges for the assault. Matar has pleaded not guilty to the terrorism-related accusations.

24 Jul 2026 6:27 am
Trump threatens 'major military punishment' after Houthi strike on Saudi tankers

President Trump vowed major military punishment for Iran and its Houthi allies. Houthi fighters struck two Saudi oil tankers in the Red Sea. Global oil prices surged significantly after the attacks on shipping routes. Iran also reported missile strikes on U.S. military sites in Jordan and Kuwait. These escalating events raise fears of wider economic disruption and conflict.

24 Jul 2026 6:17 am
Quote of the day by Demi Lovato, 'Recovery is something that you have to work on every single day and it's something that it doesn't get a day off' teaches powerful inspiring life lesson that healing is a daily commitment, offers psychology behind emotional well-being

Quote of the day by Demi Lovato offers a timeless lesson about perseverance, discipline, and hope. Demi Lovato reminds us that meaningful growth is built through consistent effort rather than occasional motivation. The profound quote serves as an inspiring reminder that every positive habit, every responsible decision, and every small step forward contributes to lasting progress. Whether pursuing better health, stronger relationships, career success, emotional resilience, or personal fulfillment

24 Jul 2026 5:56 am
Quote of the Day by Matt Damon, 'It's just better to be yourself than to try to be some version of what you think the other person wants' reveals psychology behind self-acceptance, offers life inspiring motivational lesson that authenticity is more relevant than ever

Quote of the Day by Matt Damon offers timeless guidance for navigating modern life. Matt Damon reminds us that authenticity is not only liberatingit is also practical. Genuine confidence, meaningful relationships, creative success, and emotional resilience all grow more naturally when people stop pretending and start embracing who they truly are. Matt Damon's quote serves as a refreshing reminder that lasting success begins with self-acceptance. While trends, expectations, and public opinions co

24 Jul 2026 5:38 am
India allows FDI in ecomm inventory model for exports

The restrictions on foreign investment in inventory-based ecommerce will not apply in case of exports of domestically manufactured and/or produced goods/products, the Department for Promotion of Industry and Internal Trade (DPIIT) said in a Press Note. The government has been considering this since last year in a broader effort to boost Indias exports without impacting the businesses of small retailers, people aware of the matter said.

24 Jul 2026 5:30 am
Quote of the day by Aristotle: 'The greatest of all pleasures is...' Life lessons from inspiring quote on knowledge, human curiosity, natural satisfaction and true wisdom

Quote of the day by Aristotle continues to inspire people by showing that learning is one of the greatest sources of happiness. The famous philosopher believed knowledge gives lasting satisfaction that material rewards cannot provide. His words encourage curiosity, continuous growth and practical wisdom. The quote remains relevant for students, professionals and lifelong learners who want to improve their understanding of the world and build a meaningful life.

24 Jul 2026 4:33 am
Psychology says people who are ready to rebuild their lives at any moment aren't afraid of change: What this mindset means and the psychology behind it

Psychology says people who are ready to rebuild their lives at any moment aren't driven only by sudden decisions. This mindset often reflects adaptability, emotional recovery, and the ability to accept change. Psychological theories and research suggest that some people recover from setbacks by adjusting their goals instead of holding on to situations that no longer work. Understanding this behavior can help people respond better to change and future uncertainty.

24 Jul 2026 2:42 am