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The Economic Times

National / The Economic Times

UAE non-oil growth hits four-month high in July, PMI shows

The UAE's non-oil private sector expanded at its fastest pace in four months in July, driven by stronger new orders, a rebound in export business and improved trade conditions, an S&P Global survey showed. Employment returned to growth, while business confidence weakened for a third consecutive month amid continued uncertainty over the Strait of Hormuz.

5 Aug 2026 10:58 am
Tamil Nadu Budget 2026: Vijay govt announces Rs 44,527 crore for school education, gold coins & silk sarees for weddings, free laptops and bicycles

Tamil Nadu Budget 2026: Tamil Nadu's new government has unveiled its first Budget, outlining major investments in education and welfare schemes. Key announcements include free bicycles and laptops for students, gold rings for newborns, and wedding assistance for women. The Budget also focuses on modernising schools and tackling substance abuse, while setting a target of making Tamil Nadu a USD 1.5 trillion economy by 2036.

5 Aug 2026 10:55 am
RBI's rate, GDP and inflation verdict also comes with a stark warning

2026 RBI MPC Meeting: The Reserve Bank of India maintained its repo rate at 5.25 percent on Wednesday. This decision marks the fourth consecutive meeting without a change in the key interest rate. The central bank cited sticky inflation and geopolitical risks as reasons for its cautious approach. Global economic instability and trade uncertainties also influenced the committee's deliberations. The Monetary Policy Committee retained its neutral policy stance, reflecting ongoing external uncertain

5 Aug 2026 10:53 am
Opposition leaders march to Parliament, demand accountability from HM Amit Shah for alleged police action on student protestors

The Opposition MPs, including Rahul Gandhi, Priyanka Gandhi Vadra and others, marched from the Gandhi statue at Prerna Sthal to Makar Dwar in Parliament in protest against Union Home Minister Amit Shah over 'police action' against CJP protestors on 20th July, the issue of alleged Ayodhya Ram Mandir donations embezzlement and other issues.

5 Aug 2026 10:47 am
US presses on with Ukraine Patriot missile talks, sources say, despite Trump's doubts

United States officials are continuing discussions about Ukraine producing Patriot interceptor missiles. This initiative aims to bolster Ukraine's defense against Russian ballistic missile attacks. Options include Ukraine building components for assembly elsewhere in Europe. President Trump's earlier doubts have caused surprise among Ukrainian leaders.

5 Aug 2026 10:47 am
US and Iran having 'very good discussions', Donald Trump says

Trump described negotiations with Iran as very good. Mediators in Qatar indicated progress toward ending the Iran war, though Tehran denied talks. Trump warned Iran would face severe consequences if they backed out of any agreement. He also stated the Strait of Hormuz would reopen soon or Iran would be hit.

5 Aug 2026 10:41 am
Why people are using aluminum foil to protect physical cash at home; Ways to protect cash and does this hack really work?

Aluminum foil serves as an innovative solution for safeguarding cash against moisture and environmental effects in your home. While it effectively preserves money temporarily, it does not prevent theft. To improve humidity control, pair foil with airtight bags and silica gel packets. For ultimate security, merge this technique with safes and cleverly concealed storage options.

5 Aug 2026 10:39 am
'Involuntary experiment...': AAP's Sanjay Singh moves Rule 267 notice in Rajya Sabha against mandatory E20 petrol

Aam Aadmi Party MP Sanjay Singh raised concerns about mandatory E20 petrol implementation. He highlighted potential vehicle damage and reduced fuel efficiency for consumers nationwide. Singh cited a consumer court ruling which ordered a vehicle replacement due to E20 fuel damage. The Attorney General's description of E20 as an experiment was also noted.

5 Aug 2026 10:37 am
India's July services sector growth slides to over four-year low as demand wilts: PMI

India's services sector growth slowed significantly in July, reaching its weakest pace in over four years. New business expansion was moderate, posting the softest growth in nearly four-and-a-half years. Hiring activity saw a modest increase after a six-month low, marking continued job creation. Input cost inflation eased, but firms raised selling prices to clients. Business confidence declined to a seven-month low, reflecting concerns about future demand.

5 Aug 2026 10:37 am
From 134 to 2 lakh earning per hour: Ankur Warikoo reveals the one decision that changed his life

Ankur Warikoo reveals how his hourly earning rose from 134 to around 2 lakh in two decades. He revealds that one investment really changed his life. He said he now works nearly 3 hours per day in a week but earns 1500 times more what he was getting two decades away even after working more.

5 Aug 2026 10:35 am
RBI proposes resuming UCB licensing, overhaul of rural bank rules at MPC

The Reserve Bank of India will resume licensing for urban cooperative banks. A comprehensive review of credit monitoring for rural cooperative banks is also planned. The central bank proposed standardizing lending rate frameworks for all regulated entities. This move aims to enhance transparency and strengthen consumer protection measures. Global risks like the West Asia conflict continue to impact India's economic outlook.

5 Aug 2026 10:31 am
Maharashtra resident doctors begin indefinite strike over homoeopathy registration issue

Maharashtra Resident doctors' strike: The statewide strike is against the government's decision allowing homoeopaths to prescribe allopathic medicines. Emergency services will continue for twenty-four hours while other services remain suspended. The doctors demand a halt to the registration process until a court verdict.

5 Aug 2026 9:51 am
North Korean missile unit deploys in Russia for Ukraine war, Kyiv says

A North Korean missile unit is deploying to western Russia. This unit could be equipped with 120 ballistic missiles and six launchers. Ukraine faces a significant threat due to its air defense shortages. Russia has already fired North Korean missiles at Ukraine since late 2023. This deployment expands existing military cooperation between Moscow and Pyongyang.

5 Aug 2026 9:46 am
GACM Tech signs software development pact worth Rs 15 cr with Meridian Intelligence

GACM Technologies has signed a pact with Meridian Intelligence to enhance its software development portfolio. This collaboration is valued at fifteen rupees and will continue until September 2028. The partnership establishes a framework for future software development agreements. It supports GACM Technologies' long-term technology and business expansion strategy. This association will enable scalable technology solutions and unlock new growth opportunities.

5 Aug 2026 9:45 am
CM asked for resignation, will decide after discussing with oppn leaders: Karnataka LC chairman Basavaraj Horatti

Karnataka Legislative Council Chairman Basavaraj Horatti received a resignation request from the Chief Minister. He will consult opposition leaders before making a final decision on the matter. Horatti stated that electing council chairman is the House's prerogative, not a party's high command. He mentioned that no chairman has resigned since 1956 and all completed their terms. The Congress party has nominated Saleem Ahmed for the chairman's post.

5 Aug 2026 9:43 am
CJP eyes grassroots expansion, to unveil roadmap on August 6

The Cockroach Janta Party plans to deepen its reach beyond conventional politics. Their movement focuses on societal awakening and building conscious resistance from the ground up. The party will announce its future strategy and plans on August sixth. Leaders criticized dictatorial governance and emphasized the need for genuine dialogue. They also highlighted the impact of public agitations and youth movements on political discourse.

5 Aug 2026 9:42 am
TVK govt to present its maiden Tamil Nadu Budget amid political tension

The Tamil Nadu government will present its first budget on Wednesday morning. Finance Minister N Marie Wilson will table the budget for the upcoming financial year. Chief Minister C Joseph Vijay has directed the budget to be exemplary and visionary. The opposition DMK MLAs may boycott the session due to an arrest. This potential boycott is expected to lead to a walkout or absence from proceedings.

5 Aug 2026 9:36 am
Savitha Shri's father left his job in Singapore to support her chess journey, pawned family jewellery; now she replaces Grandmaster Harika in India's 2026 Chess Olympiad women's team

Nineteen-year-old Savitha Shri joins India's Chess Olympiad team for the upcoming event. Her journey began by observing her elder brother play chess at home. Financial hardships saw her family pawn jewellery and her father quit his job abroad. Savitha now replaces Grandmaster Harika Dronavalli in the national women's team. She is set for the biggest challenge of her career in Samarkand.

5 Aug 2026 9:32 am
How Jammu & Kashmir has changed in seven years after Article 370

Jammu and Kashmir has seen significant economic growth and development over seven years. The Union Territory achieved full literacy status and is becoming a startup hub. Investments in tourism and infrastructure have boosted the region's economy. Handicrafts and handloom sectors provide substantial employment opportunities for many. The government has focused on improving infrastructure and creating jobs for youth.

5 Aug 2026 9:26 am
US Assistant Secretary Paul Kapur to visit India, Central Asian nations to boost trade, regional ties

Assistant Secretary S. Paul Kapur will visit India and Central Asian nations from August 5 to 12. His trip aims to advance key bilateral and regional economic priorities for the administration. Discussions will focus on trade, investment, and strengthening supply chain resilience across the region. Kapur will meet with senior government officials and private sector leaders during his tour.

5 Aug 2026 9:23 am
Supreme Court orders automatic challans for uninsured vehicles using cameras

Supreme Court orders cameras to identify uninsured vehicles and issue automatic e-challans, tightening enforcement of mandatory vehicle insurance across India. The court found it shocking that more than 50 percent vehicles don't have insurance in India.

5 Aug 2026 8:59 am
Michigan Primary Senate election results 2026: In Abdul El-Sayed vs Haley Stevens, who is winning? Latest updates

Voters in five US states cast ballots in primary elections on Tuesday. These contests are expected to shape the battle for control of Congress next year. Several Democratic primaries featured contests between incumbent lawmakers and progressive challengers. Redistricting played a key role in the races across these states. Missouri and Virginia saw significant redistricting efforts influencing their primary elections.

5 Aug 2026 8:57 am
Lok Sabha to take up Bankers' Books Evidence Bill, Taxation Amendment Bill today

The Lok Sabha will consider two key financial bills on Wednesday. These include the Bankers' Books Evidence Bill and the Taxation and Other Laws Amendment Bill. An adjournment motion seeks a new anti-defection law to curb mass political defections. Another adjournment motion calls for a discussion on police action during a student protest. This motion demands a statement from the Union Home Minister on the incident.

5 Aug 2026 8:45 am
ICMAI CMA Inter Result June 2026 out at icmai.in: Check direct link, toppers and other details

The Institute of Cost Accountants of India announced June 2026 exam results. Intermediate Group II saw a higher pass percentage than Group I. Final examination results showed Group IV performing better than Group III. Raunak Jain and Mokshit Vamsi Krishna Mattupalli secured top ranks. Candidates can check their scorecards on the official ICMAI website.

5 Aug 2026 8:40 am
US-Iran talks: Rubio says progress made on Strait, nuclear deal

US Secretary of State Marco Rubio detailed negotiations with Iran on two key objectives. These talks focus on reopening the Strait of Hormuz for safe maritime navigation. The ultimate goal remains the complete denuclearization of Iran, which is a long-term objective. Mediated by Oman, progress has been made in these crucial diplomatic discussions. Qatar also confirmed that efforts to resolve the standoff have entered very progressive stages.

5 Aug 2026 8:33 am
In 2023, researchers in a West African nation tried to discover which pizza do lizards prefer and won an Ig Nobel Prize for its discovery

A curious study in Togo unveiled rainbow lizards choosing four-cheese pizza instead of their usual insect diet. Observations made near a southern beach resort resulted in researchers earning an Ig Nobel Prize for nutrition. This intriguing finding emphasizes the extent to which animals can shift their diets in reaction to human influences in their habitats.

5 Aug 2026 8:31 am
Trump's $100,000 Truth Social plan raises eyebrows

US President Donald Trump's move to charge for early access to his often market-moving Truth Social posts is raising eyebrows a year and a half into an administration that has already seen unprecedented enrichment for the First Family. Subscribers to the paid service are supposed to get almost instantaneous access to Trump's messages on Truth Social -- crucial seconds ahead of the general public.

5 Aug 2026 8:24 am
EC removes 17 unrecognised parties from list of registered political parties in Uttarakhand

The Election Commission has removed seventeen unrecognised political parties from Uttarakhand's registered list. These parties did not contest elections after 2019 and had untraceable office addresses. Six other parties were previously removed by the poll body for similar reasons. This action impacts several parties registered in districts like Haridwar and Dehradun. The removal follows a physical verification process conducted by election officials.

5 Aug 2026 8:19 am
Trump administration revokes visa of Brazil's ambassador to US in spat with Prez Lula

The United States revoked Brazil's ambassador's visa in retaliation for visa denials. Brazil had refused entry to two American diplomats ahead of its elections. This action also addresses Brazil's delay in approving the US ambassador nominee. The United States stated the decision could be reversed if Brazil acts appropriately. Brazil accused the US of violating international law and politically influencing its election.

5 Aug 2026 8:16 am
Today weather updates (August 5): IMD issues red alert for Madhya Pradesh, Assam Kerala; check full forecast

Heavy to extremely heavy rainfall is forecast for many Indian regions on Tuesday. Assam and Meghalaya anticipate isolated extremely heavy rainfall events. Thunderstorms with lightning and gusty winds will affect numerous states. Squally weather conditions are expected over parts of the Arabian Sea. The Bay of Bengal will also experience squally weather conditions.

5 Aug 2026 7:54 am
Michigan Senate primary: El-Sayed, Stevens face off in key test of Democrats Israel stance

Michigan's Democratic Senate primary is a key test for the party's future direction. The contest pits a progressive against a moderate, highlighting divisions over Israel. Voters are deciding between an anti-establishment message and a more moderate approach. This race could influence future presidential candidates' stances on foreign policy. The outcome will signal voter sentiment on economic issues and party leadership.

5 Aug 2026 7:42 am
Chandipura virus claims 22 lives in Gujarat: Why children are most vulnerable, what parents should watch for, symptoms, treatment and government action

Gujarat health officials reported twenty-two deaths and thirty-five Chandipura virus cases. Seven patients remain in intensive care units requiring ventilator support. The virus progresses rapidly, particularly affecting children's brains and nervous systems. There is no specific antiviral treatment or vaccine available for this illness. Preventive measures focus on reducing sandfly bites and maintaining sanitation.

5 Aug 2026 7:37 am
SpaceX plans to turn Starlink into full-fledged mobile service, targets Verizon, AT&T and T-Mobile

SpaceX plans to build a terrestrial mobile service using acquired spectrum licenses. This move could challenge established wireless carriers like Verizon and AT&T. The company aims to integrate its satellite network with ground infrastructure for broader coverage. Analysts caution that building a nationwide network will require significant investment and time. Investors are watching closely as SpaceX pursues ambitious expansion in connectivity services.

5 Aug 2026 6:37 am
Quote of the day by Franz Kafka: 'Anyone who keeps the ability to see beauty never...' - motivational quote by Metamorphosis and Trial author teaches life lessons on aging, growing old, living a meaningful life and why finding joy at every age keeps you young at heart

Quote of the day by Franz Kafka: Franz Kafka believed that appreciating beauty keeps people young. This ability to notice wonder sustains optimism and a rich life. Staying young at heart is a daily choice we actively make. Protecting curiosity and finding joy keeps the human spirit alive. Kafka, a 20th-century writer, explored themes of anxiety and isolation.

5 Aug 2026 6:30 am
US Congressman Riley Moore voices concern on FCRA amendments; could hit bilateral ties

US lawmaker Riley Moore voiced concerns regarding India's proposed FCRA amendments. These changes could allow government takeovers of religious charities and impact bilateral relations. The amendments seek to empower a Designated Authority to manage foreign contributions and assets. The proposed legislation also reduces penalties for FCRA violations. India's Parliament is considering these amendments to its foreign donation laws.

5 Aug 2026 6:29 am
SpaceX rocket piece is set to crash into the moon

A SpaceX rocket stage is set to impact the moon early Wednesday morning. This four-metric-ton object is traveling at high speed toward the lunar surface. Cosmic forces and solar activity have nudged the debris onto this unexpected trajectory. While the impact is unintentional, it highlights concerns about space junk disposal. NASA and SpaceX are discussing methods to prevent similar future lunar collisions.

5 Aug 2026 6:26 am
Psychology researchers reveal how gaslighting rewires a person's sense of reality over time

Gaslighting psychology: Recent studies indicate that gaslighting operates as a gradual learning mechanism, undermining ones grasp of reality. Individuals begin to place their trust in unexpected and unconventional behavior from others, prompting mental adjustments in expectations and resulting in confusion.

5 Aug 2026 5:54 am
Researchers develop chewing gum that targets HPV and microbes linked to head and neck cancer

Chewing gum that targets cancer-linked oral bacteria: Researchers developed bioengineered chewing gum targeting head and neck cancer microbes. This gum significantly reduced human papillomavirus levels in laboratory tests. Harmful bacterial species were also brought down to almost zero levels. The treatment did not harm beneficial oral bacteria found in the mouth.

5 Aug 2026 5:23 am
Quote of the day by Gwyneth Paltrow: 'The best way to mend a broken heart is time and girlfriends.' Life lessons from inspirational quote on emotional healing, patience, distraction, acceptance, validation, support and friendship

Quote of the day by Gwyneth Paltrow, The best way to mend a broken heart is time and girlfriends, focuses on emotional healing after a breakup. The quote explains how time can reduce emotional pain and how friends can provide support, listening, distraction and validation. Gwyneth Paltrows career, personal life and experience also give context to the quote and its lessons about patience, acceptance and friendship.

5 Aug 2026 4:33 am
Quote of the day by Victoria Beckham, 'I believe you can achieve anything if you work hard enough to get it' teaches timeless powerful message about hard work, belief and achieving your goals

Quote of the day by Victoria Beckham is less about expecting effortless success and more about respecting the power of commitment. A goal becomes more attainable when belief is supported by preparation, patience and action. Hard work cannot control everything, but it can transform potential into ability and intention into progress. For anyone standing at the beginning of a difficult journey, that may be one of the most useful reasons to keep going.

5 Aug 2026 4:31 am
Norse proverb of the day: 'The head only knows what lies nearest the...' - deep meaningful saying teaches life lessons on why your heart may be guiding your thoughts more than your brain and how your emotions impact your view and understanding of the world

Norse proverb of the day: Our emotions and lived experiences are the lens through which we view the world. The Norse saying, 'The head only knows what lies nearest the heart,' encapsulates this idea. The things we hold dear capture our focus and shape our comprehension. This emotional connection significantly influences our decision-making processes.

5 Aug 2026 4:27 am
Quote of the day by Ringo Starr: 'I think the most exciting thing is that you expect people our age to know the music, but actually...' - music quote by English musician famously known for being The Beatles drummer on how songs can inspire generations and why lasting success is built on great work

Quote of the day by Ringo Starr: Ringo Starr believes great music lasts for generations. He notes that younger people know Beatles music, which is the important part. Starr's words emphasize the lasting power of meaningful art over fleeting trends. This reminds us to focus on creating valuable work with lasting impact.

5 Aug 2026 3:49 am
Quote of the Day by Kate Winslet, 'Life Is Short, and It Is Here to Be Lived' offers timeless meaning of happiness, acceptance, inner peace, reveals psychology about fulfilment

Quote of the Day by Kate Winslet serves as a timely reminder that living well is not necessarily about doing more. It can be about noticing more, appreciating more and choosing more intentionally. The future will always contain something to prepare for, but the present is the only place where life can actually be lived.

5 Aug 2026 3:46 am