The Economic Times News

The Supreme Court has intervened in the Kerala governor and chief minister's deadlock over vice-chancellor appointments. A committee led by Justice Sudhanshu Dhulia will now recommend one name for each of the two state universities. This decision comes after the governor and chief minister failed to reach a consensus. The committee will submit its recommendations by December 17.

The Election Commission of India has extended deadlines for electoral roll revisions in Tamil Nadu, Gujarat, Madhya Pradesh, Chhattisgarh, Andaman and Nicobar Islands, and Uttar Pradesh. New dates for draft roll publication have been set. This revision process is crucial for upcoming electoral activities. Citizens are encouraged to stay informed about the updated timelines.

Jammu and Kashmir Lieutenant Governor Manoj Sinha has provided appointment letters to 41 families of terror victims. This initiative recognizes and rehabilitates those who suffered for decades. The government is now ensuring justice for these families. This move aims to integrate them into society and contribute to nation-building. Militants and separatists are no longer receiving government jobs.

The Supreme Court will not heavily scrutinize the Election Commission's special intensive revision of electoral rolls. Judges noted this is a rare exercise, happening after two decades. They will not entertain new cases challenging this process. The court believes individuals are approaching it for popularity. The hearing on existing pleas continues.

India is enthusiastically enhancing its relationship with the European Union, with negotiations for a free trade agreement moving forward. The Republic Day celebrations are set to welcome EU leaders as prominent guests. Recently, India had the honor of hosting EU trade commissioner Maros Sefcovic and Italy's deputy prime minister Antonio Tajani, showcasing a commitment to collaboration.

Michael Jordans 23XI Racing and Front Row Motorsports reached a settlement with NASCAR after a long lawsuit over race charters. The teams had raced most of 2025 without agreements. The deal ends the court fight and secures the future of the teams, while NASCAR avoids more legal problems. Exact terms were not made public.

Prime Minister Narendra Modi hosted a dinner for NDA MPs at his residence following the coalition's significant victory in the Bihar polls. Modi emphasized the NDA's commitment to good governance and national development. BJP MP Anurag Thakur expressed confidence in future electoral successes, anticipating the next gathering after a win in West Bengal.

Pakistan is poised to bolster its air defense capabilities with a $686 million upgrade for its F16 fighter jets, courtesy of the United States. This significant enhancement will primarily focus on upgrading communication and networking systems to ensure seamless operations alongside US forces.

SAVE plan ending 2025: 7 million student loan borrowers face higher payments as SAVE plan ends. Millions could see their monthly payments spike. The SAVE plan let some pay $0 a month and get forgiveness in 10 years. The plan is ending after legal challenges and states arguing it shifts costs to taxpayers. Interest has resumed, and full repayment rules are unclear. By 2028, options shrink, forgiveness timelines stretch, and PSLF rules tighten.

Rajya Sabha Leader JP Nadda called for Vande Mataram to be granted the same constitutional status as the National Anthem and National Flag. He criticized past governments, particularly the Congress, for allegedly neglecting the song's importance and promoting appeasement. Nadda emphasized the need to rectify historical records regarding Vande Mataram's legacy.

Lok Sabha Speaker Om Birla is in talks with the government and opposition regarding a detailed discussion on hazardous air pollution next week, following concerns raised by MPs. Opposition leader Rahul Gandhi and Congress whip Manickam Tagore have called for urgent measures, including an emergency clean air plan and stricter enforcement against polluters, criticizing current government actions as cosmetic.

Mortgage refinance rates in US today: Mortgage refinance rates are shifting fast as lenders react to Treasury moves and Fed signals. Rarely, assumable loans let buyers take over a sellers low-rate mortgage. Even small improvements in finances can push rates under 5%. Heres how each strategy drops your rate next.

The Alliance for Automotive Innovation, which represents General Motors, Ford, Toyota Motor, Volkswagen, Hyundai, Stellantis and other major automakers, sounded the alarm and said Congress and the Trump administration needed to act.

Congress leader Shashi Tharoor voiced concern over marital rape in India. He highlighted that despite strong anti-rape laws, husbands are exempted. Tharoor stressed the urgent need for legislation against marital rape, calling it violence. He also touched upon global xenophobia and advised young Indians to return home after gaining knowledge.

A Myanmar military air strike hit a hospital in Mrauk U, killing more than 30 people. Aid workers reported the attack occurred as the junta wages an offensive. The military plans elections for December 28. Rebels have vowed to disrupt the vote. The strike severely damaged hospital infrastructure. Many civilians and health workers were among the casualties.

A bench of Chief Justice Surya Kant and Justice Joymalya Bagchi heard detailed submissions from senior advocate Raju Ramachandran representing petitioners opposed to the SIR process being undertaken in several states.

Prime Minister Narendra Modi will embark on a four-day visit to Jordan, Ethiopia, and Oman starting December 15. He will meet leaders to discuss bilateral ties and regional issues. The visits aim to strengthen partnerships and explore new collaborations. This trip marks significant anniversaries in India's diplomatic relations with these nations.

'Love Island USA' aired five nights a week. The Paper had a tough go as the official spinoff to The Office.

Ticketmaster and Live Nation are facing a big monopoly lawsuit in the U.S. Millions of customers may join a class action over high ticket fees and unfair rules. The case could cost the company billions. Courts are reviewing claims about exclusive deals, resale limits, and consumer harm. This is one of several legal challenges against Ticketmaster and Live Nation.

India faces challenges in boosting workforce quality and quantity. Skilling and small businesses are vital for job growth. Increasing the skilled workforce could create millions of jobs by 2030. Embracing digital technologies and improving credit access will significantly boost hiring. India's economic future depends on enhancing the productivity of its smallest enterprises.

Indian corporate leaders at the ET CEO Roundtable highlighted India's stability as a significant opportunity amidst global turmoil. They urged entrepreneurs to invest boldly, even at the cost of short-term profits, to capitalize on the nation's growth potential and innovation. Participants emphasized the need for administrative and judicial reforms to fully unlock this promising future.

India's digital commerce is evolving. Small online ventures are growing into a nationwide direct-to-consumer movement. This success relies on tech-first infrastructure. Affordable internet and UPI payments help brands start. But reliable systems are crucial for sustained growth. Intelligent platforms manage orders, deliveries, and customer queries.

Mexico is implementing significant tariff increases on imports from countries without free trade agreements, including India, China, and Vietnam, aiming to protect domestic industries and boost revenue. This move, potentially influenced by US trade pressures, could impact Indian auto exports and reshape global supply chains.

Mexico has postponed its new Electronic Value Manifestation system. Companies now have until March 31, 2026, for a transition period. Full compliance begins April 1, 2026. This gives businesses more time but does not reduce strict documentation and contract demands. Indian exporters must prepare for increased compliance.

The brothers, prime accused in the case related to the tragedy that unfolded at Arpora village around midnight on December 6, would be brought back to India at the earliest to face legal action, Chief Minister Pramod Sawant assured.

Time magazine chose the Architects of AI as its 2025 Person of the Year, showing how strongly artificial intelligence is shaping the world. The title also brought attention to big tech leaders like Nvidias Jensen Huang. The story highlights how AI growth, powerful chips, and global influence are becoming major topics in news, business, and politics today.

A shocking incident in Barabanki has led to a woman's death. A local clinic owner allegedly performed surgery while intoxicated, using a YouTube tutorial. The patient, Munishra Rawat, died from complications. Police have filed a case of death by negligence. Both the clinic owner and his nephew are on the run. The illegal clinic has been sealed.

Prime Minister Modi and President Trump held a productive phone call, affirming strong progress in the India-US Strategic Partnership. Both leaders expressed satisfaction with growing cooperation across defense, technology, and trade, emphasizing continued momentum. They also exchanged views on regional and global matters, pledging closer collaboration on shared challenges and interests.

Against the original FIR by the CBI charging the brothers of defaulting on bank loans for Rs 5,383 crore, the total recovery against the two, whose companies spanned indusries from pharmaceuticals to energy, now stands at Rs 9,799 crore.

September rang in a notable surprise for the U.S. economy as the trade deficit plummeted to its lowest mark since mid-2020. Imports saw only a slight uptick, but exports experienced a vibrant boost. This development arrives on the heels of a lengthy government shutdown that postponed vital economic reporting.

Premium egg brand Eggoz is facing controversy after a YouTube video claimed traces of a banned antibiotic metabolite were found in its eggs. The company, along with its founder Abhishek Negi, has strongly refuted these allegations. Eggoz has shared independent lab reports confirming its eggs are free from banned antibiotics, pesticides, and drug residues.

Oracle stock crash: Oracle shares plunge after weak revenue and forecast miss - Oracle shares plunged 13% after revenue hit $16.06B, missing estimates and cutting Q3 growth to 1618%. Debt is $127B. Capex jumps $15B. Free cash flow is $13B. AI bookings missed at $523B. Nvidia, AMD, Micron also fell. Why Oracles AI spending boom is shaking investors?