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The Economic Times

National / The Economic Times

FinMin advises banks to speed up IBC resolutions

Banks are urged by the finance ministry to work together on insolvency cases. This aims to get more money back and resolve issues faster. A review meeting monitored progress in key cases. Twenty high-value accounts have already been resolved. Banks must reduce delays in filing applications. Public sector bank chiefs will oversee top pending cases.

9 Mar 2026 11:53 pm
Govt exceeds disinvestment target, boosts revenue with strong dividend collections

Government's combined disinvestment and asset monetisation receipts have surpassed 34,400 crore this fiscal year, exceeding revised estimates. Dividend collections from public sector enterprises have reached 70,577 crore, nearing the annual target. These strong revenue streams are crucial for meeting the FY26 fiscal deficit goal.

9 Mar 2026 11:47 pm
Shooting near Rihannas home: Who is the alleged suspect Ivanna Ortiz and what police say so far

Police in Los Angeles arrested Ivanna Lisette Ortiz, 35, in connection with a shooting that targeted the home of global music star Rihanna. Authorities say the suspect allegedly fired multiple shots from a vehicle toward the property in the Beverly Hills Post Office area on Sunday afternoon. The singer was reportedly inside the home at the time, but no injuries were reported.

9 Mar 2026 11:46 pm
Senior Asom Gana Parishad (AGP) leader Jayanta Khaund joins Congress

Senior AGP leader Jayanta Khaund joined the Indian National Congress, expressing resentment after his party ceded the Ranganadi constituency to the BJP in an electoral alliance. Khaund, who aspired for the Ranganadi ticket, was welcomed by Congress leaders, who highlighted his move as a stand against the Chief Minister's alleged politics of arrogance and corruption.

9 Mar 2026 11:40 pm
This common Social Security mistake can shrink monthly benefits by $622

Social Security benefits can drop by $622 per month in 2026. That sharp cut hits retirees who claim Social Security early at age 62 instead of waiting for full retirement age (67), according to the Social Security Administration. The average benefit of $2,075 falls to about $1,453. That equals a 30% reduction. The loss continues for life. Delaying benefits can increase payments and protect long-term retirement income. Timing your Social Security claim matters.

9 Mar 2026 11:29 pm
How US-Israeli war on Iran is upending global business

A U.S.-Israeli war with Iran is causing global business disruptions. Energy prices are rising, and critical raw material supplies are squeezed. Trade routes are facing reliability questions. Travel chaos has stranded thousands, and airlines are rerouting flights. This conflict impacts major hubs like Dubai and affects industries from defense to fast fashion and chips.

9 Mar 2026 10:51 pm
Word of the Day: Tatterdemalion

Tatterdemalion, refers to a person dressed in ragged or shabby clothing or something that appears worn and torn. Writers often use the word to vividly describe characters who appear worn out or poorly dressed. Its colorful tone and strong imagery make it a unique vocabulary word that highlights the richness and creativity of English expression.

9 Mar 2026 10:50 pm
Thinking about safe haven investments? What they are and when they make sense

Best safe haven assets 2026: Amid rising Middle East tensions and surging oil prices, investors are seeking safe-haven assets. These investments, like gold, silver, and Treasury bills, historically maintain or increase value during market instability. Defensive stocks and certain currencies also offer stability, preserving capital when markets become unpredictable.

9 Mar 2026 10:50 pm
Quote of the Day by Muhammad Ali: 'He who is not courageous enough to take risks will accomplish nothing in life'Inspiring quotes by one of the greatest boxers in history

Quote of the Day: Muhammad Ali, a legendary boxer and activist, believed courage was essential for success. His life exemplified this, from his boxing triumphs to his principled stands. The article highlights his journey, his iconic quote, and his enduring legacy. Ali's words continue to motivate people to embrace challenges and pursue their dreams without fear of failure.

9 Mar 2026 10:49 pm
Tech, policy, human behaviour to shape India's mobility future: NITI Aayog member V K Saraswat

India and Japan are joining forces to shape the future of mobility. Combining India's vast market and digital prowess with Japan's advanced technology, the partnership aims for co-creation in areas like hydrogen mobility and smart transport. This collaboration will accelerate sustainable solutions, addressing India's large population and logistics needs.

9 Mar 2026 10:40 pm
Water emerges as a dangerous new war target

An Iranian drone attack reportedly damaged a Bahraini water desalination plant, with Tehran accused of targeting civilian infrastructure. While Bahrain stated no impact on water supplies, Iran claims the US attacked a similar facility. Such attacks are rare but could have severe consequences in the arid Middle East, where desalination is vital.

9 Mar 2026 10:39 pm
ideaForge launches specialised drone flight-test training programme for NATO personnel in US

ideaForge Technology, an Indian firm, is making headlines by providing NATO forces with top-notch drone flight testing training. Leveraging the sophisticated SWITCH UAV platform, personnel from across the globe will delve into a comprehensive curriculum that spans flight-test planning, operational strategies, and data evaluation.

9 Mar 2026 10:35 pm
Quote of the Day by Taylor Swift: If they don't like you for being yourself, be yourself even more

Taylor Swifts quote, If they don't like you for being yourself, be yourself even more, encourages embracing authenticity despite criticism or societal pressure. It highlights the value of self-acceptance, resilience, and confidence, suggesting that disapproval from others should strengthen, not weaken, ones sense of self. Swifts advice reminds individuals to celebrate their uniqueness unapologetically.

9 Mar 2026 9:59 pm
Global oil reserves revealed: Which countries hold emergency stockpiles and how much oil they keep for crises

Oil reserves by country: The International Energy Agency (IEA) urged G7 nations to coordinate a release of emergency oil reserves to stabilize global energy markets amid supply disruptions. Countries like the US and Japan maintain substantial strategic stockpiles, mandated by IEA rules to cover at least 90 days of net oil imports, acting as a crucial buffer against interruptions.

9 Mar 2026 9:55 pm
12th Manipur Legislative Assembly resumes

Manipur Assembly's seventh session resumed with six Kuki-Zo-Hmar MLAs attending virtually. The session began with obituary speeches for prominent figures, including former PM Manmohan Singh and former Governor La. Ganesan. The participation of tribal MLAs was hailed as a positive step towards normalcy in the state, with discussions also touching upon the demise of MLA Vungzagin Valte.

9 Mar 2026 9:54 pm
Thought of the day by Helen Keller: Keep your face to the sunshine and you cannot see a shadow

Thought of the day by Helen Keller reflects the essence of her life story, a belief that optimism and determination can overcome even the most formidable obstacles.

9 Mar 2026 9:48 pm
Anna University Result 2026 OUT at coe1.annauniv.edu; check steps to download and more

Anna University has announced distance education and special examination results for various undergraduate and postgraduate courses. Students can now check their scores for examinations held in August and September 2025. The results are available online on the official website. Candidates are urged to carefully review their downloaded scorecards for any errors and contact the university immediately for corrections.

9 Mar 2026 9:45 pm
Quote of the day by Max Planck: When you change the way you look at things, the things you look at change.

Max Planck was a famous German physicist who started quantum theory and changed modern science. His ideas helped scientists understand atoms and tiny particles. He won the Nobel Prize in Physics in 1918 for this discovery. Planck also supported Albert Einsteins work. His famous quote teaches that changing your mindset can change how you see problems and the world.

9 Mar 2026 9:38 pm
UAE 'will not partake in any attacks' on Iran: ambassador

The United Arab Emirates has voiced strong disapproval of being targeted in the ongoing Middle East conflict. Ambassador Jamal Al Musharakh reiterated the UAE's firm stance. The nation will not participate in any attacks against Iran from its territory. The UAE will remain uninvolved in such a conflict. This declaration highlights the UAE's commitment to neutrality.

9 Mar 2026 9:29 pm
India may face $78 billion higher monthly import bill as crude surges

As international energy prices skyrocket, India's economy finds itself grappling with a daunting hurdle. Experts foresee a staggering outflow of USD 7-8 billion in foreign currency each month. The escalation in crude oil and natural gas costs not only stirs worries over inflation but also threatens to widen the current account deficit.

9 Mar 2026 9:24 pm
Why did Ohio State University President Ted Carter resign after just two years? Here's what happened

Ohio State University President Ted Carter has resigned after disclosing an inappropriate relationship with someone seeking public resources for their personal business. The board of trustees accepted his resignation, expressing surprise and disappointment. Carter cited a mistake in allowing inappropriate access to university leadership and apologized for not being able to continue his tenure.

9 Mar 2026 9:23 pm
India emerges as world's second largest arms importer: SIPRI

Ukraine which received 9.7 per cent of all arms transfers in 2021-25 was the world's largest arms importer in that period, the Stockholm International Peace Research Institute (SIPRI) said.

9 Mar 2026 9:20 pm
France says G-7 is not there yet on releasing oil stockpiles

G-7 nations are ot there yet on organizing a global release of emergency oil inventories despite soaring prices due to the Iran war. France stated readiness to use strategic reserves to stabilize markets, as Middle Eastern producers cut output and the Strait of Hormuz faces disruption. Consumers are already experiencing the impact with rising fuel and air ticket costs.

9 Mar 2026 8:47 pm
Former J&K CM Mehbooba Mufti says India is unfortunately siding with war criminal Netanyahu and not longtime friend Iran

Mehbooba Mufti and National Conference leaders visited the Iranian Embassy in Delhi. They offered condolences for the assassination of Ali Khamenei. Mufti criticized India's foreign policy for supporting Israel. She highlighted Iran's past support for India. The leaders also raised concerns about Kashmiri students in Iran. The National Conference condemned the attacks on Iran.

9 Mar 2026 8:44 pm
Trump tariff refunds back on the table as US launches 45-day planning window

Trump tariff refunds are back in focus after a court decision against the old tariffs. The U.S. government is now planning a system to return money to thousands of importers. Officials say a new refund process could be ready soon. Businesses across the country are waiting to see how the government will handle the payments.

9 Mar 2026 8:35 pm
Why is US stock market crashing again today? Dow, S&P 500 and Nasdaq in deep red as oil and silver surge while gold prices crash

US stock market crash today deepened as the Dow Jones plunged nearly 700 points, the S&P 500 dropped over 1%, and the Nasdaq slid sharply. The trigger is a sudden oil price surge above $100 per barrel, with WTI crude near $101 and Brent crude around $102. Silver prices are climbing, while gold prices slipped despite market turmoil. Investors now fear stagflation in the U.S. economy. Rising oil prices, bond yields, and geopolitical tensions are driving volatility across global markets and fueling

9 Mar 2026 8:30 pm
Word of the Day: Abecedarian

The word abecedarian signifies an alphabetical arrangement or basic learning. It originates from Latin, relating to the alphabet. This concept is vital in education, marking the start of complex knowledge. Alphabetical order aids information retrieval in dictionaries and libraries. Abecedarian learning emphasizes foundational steps for deeper understanding. It also describes beginner lessons and specific literary patterns.

9 Mar 2026 8:30 pm
NEET UG 2026 registration deadline extended: Check last date, steps to apply, fees and exam date at neet.nta.nic.in

The National Testing Agency has extended the NEET UG 2026 registration deadline to March 11, 2026. Candidates can apply online at neet.nta.nic.in. The examination is scheduled for May 3, 2026, with a duration of 180 minutes. Application fees vary by category.

9 Mar 2026 7:52 pm
TSA security lines stretch across U.S. airports amid DHS partial shutdown What travelers need to know about delays

Air travelers across the U.S. experienced long security lines at airports Sunday due to the partial shutdown of the Department of Homeland Security, which oversees the TSA. Lines exceeded an hour in most airports, with Houstons William P. Hobby Airport seeing waits over three hours. The shutdown, caused by a funding stalemate over federal immigration reform, has left TSA workers without full pay, creating staffing shortages.

9 Mar 2026 7:49 pm
CEC threatened Bengal government officers at meeting, 'false bravado' unacceptable: Mamata Banerjee

Her remarks came against the backdrop of the Election Commission's full bench meeting with senior administrative and police officials of the state earlier in the day, to review preparedness for the West Bengal assembly elections likely to be held in April.

9 Mar 2026 7:46 pm
FTAs to provide huge export opportunities for pharma, healthcare sectors: Piyush Goyal

India's recent free trade agreements are set to boost the domestic pharma and healthcare industries. Commerce Minister Piyush Goyal highlighted the vast business potential these pacts unlock. Agreements with Mauritius, Australia, UAE, and EFTA are already active. Negotiations with GCC and Eurasia are progressing well.

9 Mar 2026 7:43 pm
Inside the net worth of Irans new supreme leader Mojtaba Khamenei: From London mansions to shell firms

Mojtaba Khamenei is set to lead Iran as Supreme Leader. He reportedly controls billions in assets. These include properties in Tehran, Dubai, and Frankfurt. Swiss bank accounts and a British property are also mentioned. Funds are channeled through companies for real estate in Europe, the Gulf, and North America. He is a powerful, low-profile figure with IRGC ties.

9 Mar 2026 7:39 pm
From startup garage to battlefield: Why drone-carrying vehicles are becoming critical in modern armies

Armies are combining drones with mobile vehicles. This allows for quick deployment of aerial surveillance. These platforms provide real-time intelligence on the battlefield. This enhances operational speed and troop safety. Indian startups are developing these advanced mobility solutions. Future systems will feature greater automation and coordination.

9 Mar 2026 7:38 pm
How Trumps Iran war betrayed Americas promise to protect its citizens

In the midst of the Iran crisis, Americas leadership showed a glaring lack of preparation for evacuating citizens and diplomats. The warnings fell short, resulting in chaos and forcing many individuals to navigate the perilous situation alone. This oversight starkly contrasts with previous evacuation missions that were executed with precision.

9 Mar 2026 7:38 pm
Quote of the Day by Samuel L. Jackson: 'If you have an opportunity to use your voice you should use it'Inspiring quotes by the prolific actor

Actor Samuel L. Jackson believes in using one's voice. His impactful quote If you have an opportunity to use your voice you should use it underscores the responsibility of influence. Jackson's career, from early activism to Hollywood stardom, shows how performance and public engagement can shape conversations. His words encourage everyone to speak out and contribute to society.

9 Mar 2026 7:38 pm
Saudi Aramco reducing output at two oilfields, two sources say

Saudi oil giant Aramco is rerouting crude to the Red Sea port of Yanbu. The vital Strait of Hormuz is effectively closed due to the US-Israel war on Iran. Several Middle Eastern producers are curbing output. Brent crude futures have surged to near $120 per barrel. This disruption could lead to elevated fuel prices globally for months.

9 Mar 2026 7:35 pm
Iran war hits tea export; Assam releases 94.7crore support

Assam government has released Rs 94.70 crores to 486 tea gardens under the ATISIS scheme. This initiative aims to boost orthodox and specialty tea production and ensure financial stability. The scheme offers interest subvention, production subsidies, and tax holidays. However, the ongoing Iran-Israel-US conflict poses a significant threat to Indian tea exports, particularly to the Persian Gulf region.

9 Mar 2026 7:31 pm
Social Security payments on March 11: Who gets checks this week - see if youre on the list

Social Security payments for March are being sent this week following the usual schedule. Many beneficiaries are checking if they are on the March 11 payment list based on their birth date. At the same time, attention is growing around future funding concerns and the SSI payment calendar for 2026, which shows several early payment dates due to weekends.

9 Mar 2026 7:30 pm
Attack on Cyprus is an attack on all of Europe, says Emmanuel Macron

During a pivotal gathering in Paphos with Greek and Cypriot leaders, President Emmanuel Macron of France asserted that any aggression against Cyprus equates to an assault on the entire European Union. He underscored the importance of Cyprus's defense to both France and the broader European community, particularly in response to recent drone attacks linked to Iran.

9 Mar 2026 7:25 pm