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National News

The Economic Times

National / The Economic Times

Sebi chair rules out CAS rollback; assures commitment to resolving ongoing issues

The Securities and Exchange Board of India is set to assess the implications of the newly implemented Closing Auction Session. Chairman Tuhin Kanta Pandey affirmed that this mechanism will remain in place and will undergo enhancements. Designed to ascertain closing prices for stocks in the futures and options market, the system has faced scrutiny from market participants who have reported losses.

18 Aug 2026 6:06 am
Nitin Nabin resets BJP team with fresh faces & poll pros

In a strategic shake-up, BJP president Nitin Nabin introduced a revitalized organizational team that merges experienced leaders with dynamic newcomers. The retention of key election strategists like Vinod Tawde and Sunil Bansal ensures a robust approach to upcoming polls. The roster is intentionally youthful, including professionals to reflect diverse Indian representation. Returning to pivotal roles are Smriti Irani as national general secretary and Ram Madhav as vice president.

18 Aug 2026 6:00 am
ICICI Bank overtakes HDFC Bank as top MF holding in July

ICICI Bank now leads mutual fund portfolios, surpassing HDFC Bank in July. This shift reflects investor concerns over HDFC Bank's leadership succession and governance issues. ICICI Bank has shown a steadier stock performance and stable results recently. Mutual funds have increased holdings in both banks, while overseas ownership has reduced. Reliance Industries, Bharti Airtel, and Axis Bank follow as top mutual fund holdings.

18 Aug 2026 5:50 am
Sebi tightens mutual fund sponsor disclosure norms

Sebi is enhancing transparency in the mutual fund industry by requiring comprehensive disclosures from fund sponsors. The new single application form simplifies the registration for new funds, compelling sponsors to elaborate on their ownership structures, financial stability, and governance practices. Moreover, this revised process mandates compliance with established eligibility criteria and experience norms, ensuring a more robust foundation for mutual fund establishments.

18 Aug 2026 5:47 am
Aegis Logistics in talks to acquire UAEs Tristar for $1.5 billion

Aegis Logistics is in advanced discussions to acquire Tristar for $1.5 billion. This consolidation could be one of the industry's largest efforts. Aegis is seeking acquisition financing from lenders for the deal. Tristar operates across many countries, complementing Aegis's expansion plans. The companies are currently holding bilateral negotiations under an exclusivity period.

18 Aug 2026 5:30 am
Tata Sons board divided over Chandrasekarans exit; directors debate whether to seek reconsideration

Tata Sons directors are divided over how to formally respond to chairman N Chandrasekarans decision not to seek reappointment, with some favouring a board vote and others wanting him to reconsider, people familiar with the matter said. Sir Dorabji Tata Trust has urged the board to begin succession planning.

18 Aug 2026 5:30 am
4 zodiac signs could attract luck and wealth, as the North Node enters Aquarius on August 18 and begins a new 18-month cycle of growth

The North Node entering Aquarius on August 18, 2026, signals a new chapter. This astrological shift encourages innovation and fresh approaches to success for many. Gemini, Virgo, Pisces, and Sagittarius are poised for significant personal growth and opportunity. These signs may find new skills or clearer paths to achieving their goals. Embracing change and unconventional methods will attract greater abundance during this period.

18 Aug 2026 1:50 am
Along a 27-mile ring road, 8 million plants are climbing 2,000 concrete columns, fed by recycled rainwater from the road above, turning 15 acres of dead infrastructure into vertical gardens seen by drivers

Eight million plants now grow on concrete columns along a ring road. These vertical gardens utilize hydroponic felt pouches and recycled materials for growth. Water for the plants comes from collected road drainage and filtered rainwater. Advertising rights fund this innovative project, not city money.

18 Aug 2026 1:48 am
US stocks: US market slips as oil prices rise, retail results awaited

As investors braced for retail earnings reports, major stock indexes fell, signaling caution in the market. Oil prices surged, driven by concerns over Iran alongside global supply uncertainties. Recent economic data from July amplified the cautious atmosphere, as Home Depot and Walmart's earnings loom ahead, promising key insights into consumer spending trends. Technology stocks, however, exhibited a mixed performance in the face of AI investment risks.

18 Aug 2026 1:38 am
BBC turns to US court to force Trump family testimony in $10 billion lawsuit

The BBC is seeking court permission to subpoena Ivanka Trump and Donald Trump Jr. for documents and testimony. This request stems from a massive $10 billion defamation lawsuit filed by Donald Trump. The broadcaster believes the family members have relevant information about Trump's January 6th speech. Secret Service protection has complicated serving these legal documents on the family.

18 Aug 2026 1:14 am
Security agencies dismantle ISI-backed Shahzad Bhatti Network

In a strategic operation, security agencies dismantled the Shahzad Bhatti Network, a terror syndicate supported by ISI. Authorities detained over 250 suspects across fourteen states and registered more than eighty FIRs, resulting in over two hundred arrests. The seizure of explosives and weapons underscored the group's terrorist affiliations, successfully preventing potential attacks ahead of Independence Day.

18 Aug 2026 1:08 am
Congress flags missing OBC category in Census questionnaire, seeks Telangana-like caste census

Congress has questioned the absence of a specific OBC category in the Census questionnaire, warning that the open-ended caste field could produce cluttered and unusable data on Other Backward Classes. AICC OBC cell chairman Anil Jaihind demanded a Telangana-like caste census and said OBCs would oppose the current format.

18 Aug 2026 1:05 am
Rahul Gandhi urges Hemant Soren to meet students; slams PM Modi, NTA

Rahul Gandhi has called on Jharkhand Chief Minister Hemant Soren to engage with the protesting students. He also took aim at Prime Minister Narendra Modi and the National Testing Agency, raising concerns over allegations of a UGC-NET exam paper leak. Throughout his remarks, Gandhi emphasized that the education system takes advantage of students financially and demanded accountability from the leadership of the NTA.

18 Aug 2026 12:53 am
British PM Andy Burnham exchanged messages with Trump aide impostor: Report

Politico, citing four unnamed officials, first reported that Burnham believed he was messaging with Susie Wiles before becoming suspicious and ending the communications. Last year, the U.S. government investigated a series of messages sent to elected officials, business executives and other prominent figures by someone posing as Wiles.

18 Aug 2026 12:53 am
Gold appears set for a rebound as it regains safe-haven appeal after US-Iran war selloff

Gold has recovered nine percent, signaling renewed investor and central bank interest. The precious metal is now positioned for further gains after market shocks. Lower oil prices and softer inflation data support gold's upward trajectory. Institutional demand and rebuilding of positions are likely driving this trend. However, stalled peace efforts and weak demand could limit future price increases.

18 Aug 2026 12:51 am
Investors pile into small, mid-caps as earnings momentum improves

Investors are channeling significant funds into small and mid-cap stocks this fiscal year. Small-cap funds have seen inflows nearly matching last year's total in just four months. Mid-cap funds also show strong investor interest, attracting substantial capital inflows. Large-cap funds, conversely, have experienced considerably lower investment amounts. This trend reflects improved earnings momentum and increased market liquidity for smaller companies.

18 Aug 2026 12:49 am
Nabin's BJP team blends fresh faces with heavyweights

On Monday, the BJP revealed a revamped team showcasing significant changes. Prominent figures like Piyush Goyal and Ram Madhav returned to influence key party roles. Despite her recent electoral defeat, Smriti Irani has also claimed an essential position. The reshuffle saw the replacement of Amit Malviya and Tejasvi Surya, while Sandeep Pathak advanced to the national secretary role within the organizational framework.

18 Aug 2026 12:49 am
Left hooks floor Sri Lanka: Suthar and Jadeja share seven wickets to hand India a healthy 178-run lead despite Dinushas century

India maintained control during the first Test match against Sri Lanka in Galle. Spinners Manav Suthar and Ravindra Jadeja took crucial wickets for the Indian team. Sri Lanka's Sonal Dinusha and Niroshan Dickwella staged a strong recovery with their batting. Jadeja achieved a significant career milestone by reaching 350 Test wickets. India secured a substantial first-innings lead heading into the final stages.

18 Aug 2026 12:48 am
52 astronauts left Earth for months in orbit, and within weeks their gut bacteria changed how they processed food, revealing why spaceflight can trigger constipation and potentially affect brain health

Constipation in space is more than an uncomfortable side effect. Astronauts often face it during long missions, but scientists have not fully understood why. Now, blood tests from 52 astronauts reveal a possible clue. Their gut bacteria began fermenting more protein within weeks of reaching the International Space Station. The finding links microgravity, slower intestinal movement and gut microbiome changes, offering new clues for future Moon and Mars missions.

18 Aug 2026 12:45 am
Indias unemployment rate falls to four-month low of 5.1% in July, rural jobs drive gains

Indias unemployment rate fell to a four-month low of 5.1% in July from 5.5% in June, with rural unemployment declining to 4.5%, official PLFS data showed. Women and youth also recorded improvements. The labour force participation rate rose to 55.4%, while the worker population ratio climbed to 52.5%.

18 Aug 2026 12:42 am
Quote of the day by Jane Fonda: Ask questions. Stay curious. Its much more important to stay interested than to be interesting. Life lessons from motivational quote on active listening, genuine curiosity, human behavior and real growth

Quote of the day by Jane Fonda focuses on curiosity, questions, active listening and personal growth. Her words encourage people to remain interested in the world instead of trying to impress others. The quote also explains how asking questions can improve communication, help people understand others, support learning and keep the mind open to new ideas throughout life.

18 Aug 2026 12:42 am
India seeks WTO consultations with US over 50% tariff quota on quartz surface imports

India has sought consultations with the US at the World Trade Organization over Washingtons tariff-rate quota on quartz surface products, effective August 15 for four years. India, which exported about $380 million of these products to the US in FY26, said it has a substantial interest in the matter.

18 Aug 2026 12:37 am
In 1616, an English physician proposed a revolutionary theory and explained blood circulatory system instrumental in the success of the several surgeries and procedures and triggering the advancement of the medical field: How William Harvey's efforts saved several lives?

In 1616, English physician William Harvey proposed a theory that blood moves through the body in a continuous circuit through arteries and veins. His observations, dissections and experiments challenged the teachings of Galen. Published in 1628, his work changed medical understanding and helped establish observation and experiment as key parts of scientific inquiry.

18 Aug 2026 12:34 am
I squared-Veolia consortium leads race to acquire KKR backed Re Sustainability

PE firm initiates parallel talks with local strategics after low $1.1 bn offer on table falls below expectations. KKR expected $1.6 billion, translating to 13-15x FY27 EBITDA.

18 Aug 2026 12:31 am
Vande Mataram just added, people may take time to adjust to it: J&K CM Omar Abdullah

Jammu and Kashmir Chief Minister Omar Abdullah addressed the national song controversy. He stated people need time to adjust to its inclusion in official functions. Abdullah mentioned that all verses of Vande Mataram were sung in the video. He clarified that the song's inclusion is a recent development this year. The Chief Minister acknowledged a period of adjustment for everyone involved.

18 Aug 2026 12:27 am
Supreme Court flags possible excess Cauvery water received by Tamil Nadu

The Supreme Court noted Tamil Nadu may be receiving more Cauvery water than allocated. Karnataka's counsel stated there is an enormous deficit of water in the river. The court asked Karnataka to continue complying with CWMA water release directions. Tamil Nadu seeks its due share, facing a rain-deficient year. The matter was adjourned for next week to examine water sharing status.

18 Aug 2026 12:27 am
Government steps up push to fill backlog vacancies for Scheduled Castes, Tribes

Central ministries must form reservation committees to fill vacancies. Officers will identify and fill backlog positions for SC and ST candidates. Liaison officers will oversee strict implementation of reservation rosters. Training modules are mandated for officers responsible for policy implementation. Parliamentary committees are reviewing reservation policy for adequate representation.

18 Aug 2026 12:18 am
In a first, Manipur soldier gets Shaurya Chakra for foiling drone attack

An army soldier received a gallantry medal for his actions against insurgents. Naib Subedar Shankar Ram was injured while returning fire and spotting a drone. This incident highlights the growing use of armed drones by non-state actors. Insurgents are rigging commercial drones with explosives for attacks. The armed forces are procuring anti-drone systems to counter this threat.

18 Aug 2026 12:07 am
5 Birth dates could finally reach a long-awaited goal as Saturn shifts on August 20, 2026

Saturn's upcoming celestial shift encourages revisiting stalled ambitions. Specific birth dates may find renewed focus on long-delayed personal goals. Practical objectives and unusual ideas could gain momentum after August 20, 2026. Deeply personal dreams and educational pursuits are also highlighted for progress. Leadership aspirations may require demonstrating readiness for associated responsibilities.

18 Aug 2026 12:05 am
Banana peel gardening hack: Stop burying banana peels in soil; try these 3 methods instead

Burying fresh banana peels directly in soil is not recommended for gardens. Microorganisms need time to break down peels, delaying nutrient release to plants. Composting banana peels with other organic materials is a simple recycling method. Banana peel tea and powdered peels offer alternative nutrient sources for plants. These processed forms provide nutrients more effectively than fresh peels buried directly.

17 Aug 2026 11:56 pm
Supreme Court directs Allahabad High Court to defer case over Rahul Gandhi's assets

The Supreme Court has directed the Allahabad High Court to defer proceedings concerning Rahul Gandhi. A BJP worker had filed a plea alleging disproportionate assets against the opposition leader. The court questioned the high court's order without hearing Gandhi's side. Agencies like the CBI and ED were also told not to submit investigation reports. The bench emphasized the principle of natural justice in such matters.

17 Aug 2026 11:52 pm
Indian Navy adds two more SeaGuardian drones in 1,943 crore lease deal

India's defence ministry has leased two more MQ-9B SeaGuardian drones from General Atomics. These advanced drones will significantly boost the Indian Navy's maritime surveillance capabilities. The lease agreement covers upkeep and operational availability for thirty months. India has now leased a total of four such drones from the United States. Delivery of thirty-one additional drones ordered in October 2024 is expected next year.

17 Aug 2026 11:51 pm
Europes youngest self-made billionaire: James Dacombe dropped out of high school at 17 to build his startup and now his wealth has crossed the $1 billion mark at 25

At just 25, James Dacombe has catapulted himself into billionaire territory with his AI chip enterprise, Olix, which he founded a mere two years ago. His wealth has crossed $1 billion mark and he is considered Europes youngest self-made billionaire. He's also a stakeholder in his previous brain-monitoring venture, CoMind.

17 Aug 2026 11:47 pm
Transgender I-cards issued before 2026 amendment to stay valid: Centre to Supreme Court

The government assured the Supreme Court that transgender identity cards issued before the 2026 amendment will remain valid. This assurance came during the hearing of petitions challenging the constitutional validity of the recent amendment. The court sought clarity on the status of transgender persons who obtained identity cards under the 2019 law. It will also examine cases where identity cards were allegedly cancelled or replaced after the amendment.

17 Aug 2026 11:46 pm
Ram Mandir fund theft case: SC seeks SIT status report, allows public inputs

The Supreme Court allows public suggestions for the Ram Mandir fund embezzlement probe. Petitioners can send their ideas to Solicitor General Tushar Mehta's office. The special investigation team must submit a status report to the court. This team includes a forensic auditor for thorough investigation. The court will review the report and consider further directions.

17 Aug 2026 11:41 pm
iPhone 18 Pro release date: When will Apple launch it? Check expected date, features and price

Apple is expected to launch its iPhone 18 Pro lineup in September, with preparations underway. This September launch aligns with Apple's supply chain and carrier upgrade cycles. Component suppliers like TSMC require advance planning for chip production and allocation. Logistics for global distribution are also a key consideration for Apple. The new iPhones could also drive subscriptions to Apple's services.

17 Aug 2026 11:36 pm
El Nino causing rainfall deficit in Andhra: CM N Chandrababu Naidu

The severe El Nino phenomenon has triggered a notable shortfall in rainfall across Andhra Pradesh, raising concerns. Chief Minister Naidu has staunchly defended the transparency of the Mega DSC-2025 teacher recruitment process. With reservoir water levels plummeting, the agricultural sector and drinking water supply face serious threats. To address potential future El Nino occurrences, the government has devised a three-year contingency plan.

17 Aug 2026 11:31 pm
For working class over Epstein class: Khanna all in for aggressive Democrat strategy for midterms

For working class over Epstein class: Khanna all in for aggressive Democrat strategy for midterms

17 Aug 2026 11:31 pm
Quote of the Day by Kate Winslet: A good eye cream is really important when you Inspiring lessons on skincare, beauty, lifestyle, travel, stress and why dont let a busy schedule erase your routine by the English actress known for powerful performances and deep insights on habits and consistency

Quote of the Day by Kate Winslet: Kate Winslets quote, A good eye cream is really important when you are traveling, busy and stressed-thats when the dark puffy circles can get you. highlights the importance of paying attention to skincare during busy and stressful periods. The quote suggests that travel, demanding schedules, and stress can make dark and puffy circles around the eyes more noticeable, while maintaining a simple eye-care routine can help people feel more confident and cared for.

17 Aug 2026 11:31 pm
Quote of the Day by Michael Corleone from The Godfather: Never reveal everything you know, and never underestimate the power of... a striking life lesson in self-control, strategic thinking, silence and decision-making, and why knowing when to speak, when to wait and when to hold back can be more powerful than ambition itself

Quote of the Day by Michael Corleone from The Godfather: Never reveal everything you know, and never underestimate the power of patience explores the quiet strength behind restraint. The quote suggests that intelligence is not only about knowing what to do, but also knowing what not to reveal and when not to act. Michaels story turns that idea into a deeper examination of power, loyalty, ambition and consequences. The lesson remains relevant beyond The Godfather: in work, relationships and diffi

17 Aug 2026 11:31 pm
'How dare they?': Rep. Smith blasts UN over child abuse allegations, Christian and Jews persecution

'How dare they?': Rep. Smith blasts UN over child abuse allegations, Christian and Jews persecution

17 Aug 2026 11:26 pm
California startup JetZeros manta ray plane could change air travel forever: 250-seat Z4 aims to fly 5,750 miles and use up to 50% less fuel

California startup JetZero is innovating the aviation industry with a new aircraft featuring a blended-wing-body design, aimed at accommodating 250 passengers while optimizing fuel efficiency. Partnering with Japan Airlines lends operational insights to this ambitious endeavor. The plan includes testing a full-scale prototype by 2027 and commencing commercial flights in the early 2030s.

17 Aug 2026 11:25 pm
Before your next trip, try this simple adhesive tape hack on your suitcase wheels the results may surprise you

Need a quick fix for your luggage? A simple roll of tape can transform your travel game! By wrapping tape around your suitcase wheels, you create a shield that keeps dirt and grime at bay. Opt for strong tapes like duct tape for this easy solution. Once you reach your destination, just peel it off without fuss!

17 Aug 2026 11:21 pm
Quote of the day by Amanda Seyfried, 'You've just got to be comfortable with yourself' offers powerful life advice on acceptance, validation, inner peace, confidence and why being comfortable with yourself can change your life

Quote of the day by Amanda Seyfried offers a simple reminder that one of the most important relationships people have is the relationship they maintain with themselves. External approval can be gratifying, but it is unstable and constantly changing. Trends change, opinions change, careers change, and circumstances change. A healthy sense of self can provide a more dependable foundation.

17 Aug 2026 11:19 pm