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National / The Economic Times

Bangladesh court sentences former PM's sister, UK lawmaker

A Bangladesh court has sentenced Sheikh Rehana, sister of former premier Sheikh Hasina, to seven years in prison for corruption. Her daughter, British lawmaker Tulip Siddiq, received a two-year sentence in the same case involving plot grabbing. Hasina herself was previously sentenced to death and is in India.

1 Dec 2025 6:03 pm
Government borrowing in Budget: How it impacts fiscal deficit

What is government borrowing and how does it impact fiscal deficit? A key question ahead of the big day. As the Union Budget 2026 approaches, government borrowing and its impact on the fiscal deficit are under scrutiny. The Centre raises funds through securities to finance public expenditure, especially when revenues are low. Higher borrowing increases interest burdens, impacting future spending flexibility.

1 Dec 2025 6:02 pm
Seniors are drawn to medicare advantage perks But many go unused

Medicare Advantage plans remain to attract seniors with popular extras such as dental care, vision coverage, gym memberships, and even reimbursements for recreation equipment. Yet, several older adults rarely use these benefits. A Commonwealth Fund study discovered that although most beneficiaries consider supplemental perks important, almost 30% didnt use any in the past year, partly because several dont understand what their plans provide.

1 Dec 2025 6:01 pm
Social Security December 1 payments: Who receives a Social Security check today and why some SSI recipients will get two payments in December 2025?

Social Security check today: Millions receive their SSI payment today, December 1, 2025, with deposits of up to $967 for individuals and $1,450 for couples as scheduled. December also brings a second SSI payment on December 31 because January 1, 2026, is a federal holiday. This early release is not extra money. Dual-benefit recipients may receive three payments this month, making budgeting essential.

1 Dec 2025 5:55 pm
Social Security at 62 goes viral, and experts break down the risks

Social Security at 62 is trending online as some finfluencers say people should take the money early and invest it. Experts warn that waiting gives a higher, safer monthly check. The stock market can go up and down, but Social Security grows steadily. Many people still claim at 62 because they need money or worry about the programs future.

1 Dec 2025 5:49 pm
Congress to protest in Delhi on December 14 over SIR, alleged voter deletions

The All India Mahila Congress will protest alleged vote theft and electoral roll manipulation at Delhi's Ramlila Maidan on December 14. President Alka Lamba stated the Special Intensive Revision (SIR) is a conspiracy to remove non-BJP voters, particularly Dalits, tribals, and minorities. The party aims to hold the government accountable for its actions towards the Constitution and democracy.

1 Dec 2025 5:48 pm
Unilever to sell snack brand Graze to Candy Kittens owner Katjes

Unilever is selling its British snack brand Graze to Katjes International as part of a strategy to exit parts of its food business and focus on beauty and wellbeing. This move follows reports of Unilever considering the sale of other historic British food brands. The deal is anticipated to conclude in the first half of 2026.

1 Dec 2025 5:47 pm
All about Bayraktar Kizilelma, the game-changer Trkiyes UAV that shot down aircraft beyond visual range in a world's first

Turkey's Bayraktar Kizilelma uncrewed fighter jet achieved a historic first by successfully downing a jet-powered aircraft with a beyond-visual-range missile during test trials. This demonstration, utilizing domestic radar and targeting systems, establishes the drone as the world's first verified UAV with proven air-to-air combat capability.

1 Dec 2025 5:44 pm
NYT Connections Answer December 1: Crack todays hints & solution for puzzle #904

NYT Connections arranges 16 seemingly unrelated words on a 4x4 grid, challenging players to organise them into four themed categories. Each category is colour-coded from the easiest (yellow) to the most difficult (purple), and solvers are given only four chances to complete the puzzle

1 Dec 2025 5:42 pm
Mortgage rates today decline on December 1: Average 30-year fixed dips to 6.144% - is a bigger drop possible ahead of the Feds decision?

Mortgage rates today: Mortgage rates are experiencing a gradual decline, with the average 30-year fixed-rate conforming mortgage falling to 6.144%. This offers some relief to homebuyers and homeowners after months of elevated borrowing costs. While rates remain significantly higher than pandemic-era lows, recent easing is attributed to anticipated Fed rate cuts and moderating economic pressures.

1 Dec 2025 5:41 pm
UK leader Keir Starmer backs his Treasury chief over claims she misled the public about the economy

UK Prime Minister Keir Starmer defended Chancellor Rachel Reeves against opposition claims that she misled the public and markets before unveiling a tax-raising budget. Critics allege Reeves warned of major tax hikes despite already knowing public finances were improving. Reeves denies wrongdoing, saying the OBRs downgraded productivity forecast still created a significant budget gap.

1 Dec 2025 5:40 pm
Sri Lanka's Deputy Minister for Tourism thanks India for aid amid Ditwah havoc

India is actively assisting Sri Lanka after Cyclone Ditwah. The National Disaster Response Force is providing critical aid and recovering landslide casualties. Indian Air Force helicopters are conducting rescue missions, bringing stranded people to safety. Relief materials have reached Trincomalee, supporting ongoing efforts. Sri Lanka's Deputy Minister for Tourism expressed gratitude for India's support.

1 Dec 2025 5:36 pm
UK and US poised to agree zero-tariffs deal on pharmaceuticals, The Times says

The United Kingdom is set to finalize a significant pharmaceuticals agreement with the United States. This deal will eliminate import tariffs on medicines entering the US. Consequently, the National Health Service in the UK will see an increase in its spending on drugs. Industry sources indicate the UK government will adjust rebate rates and enhance cost-effectiveness measures for medicines.

1 Dec 2025 5:34 pm
'PM Modi himself is a dramatist': Congress' Adhir Ranjan Chowdhury hits back at 'drama' remark

Congress leader Adhir Ranjan Chowdhury criticised PM Modi's drama remark against the Opposition, saying the Prime Minister is himself a dramatist and that o one can compete with him in drama, responding sharply during the Parliament Winter Session.

1 Dec 2025 5:33 pm
Fadnavis govt set to turn 1: Infra, investment push and alliance balancing act take centrestage

Maharashtra's Mahayuti government marks one year in power. The coalition focused on infrastructure development and attracting investors. Challenges included internal coalition dynamics and opposition scrutiny. Key projects like metro rail and coastal road progressed. The government navigated controversies and community demands. Future plans include completing infrastructure and enhancing business ease. The opposition promises increased oversight.

1 Dec 2025 5:29 pm
PM-led panel to meet on Dec 10 to select chief information commissioner: Centre to SC

The Centre informed the Supreme Court that a panel led by Prime Minister Narendra Modi will meet on December 10 to select candidates for the Chief Information Commissioner and information commissioners. This comes amid a plea highlighting the severe backlog of cases due to vacant posts in the Central and State Information Commissions.

1 Dec 2025 5:27 pm
Supreme Court asks Centre to revisit action plan on Delhi-NCR air pollution

The Supreme Court has directed the Centre to re-examine its air pollution action plan for Delhi and the National Capital Region. The court wants to assess if the implemented measures have yielded effective results. It also emphasized the need to consider factors beyond stubble burning contributing to the pollution crisis.

1 Dec 2025 5:27 pm
Silver price today: Silver prices surge to $58/oz for the first time in history: why are silver prices breaking records - Is the silver rally strong or overbought?

Silver price today: Silver hit a record $57.86 and traded near $58 after a six-day, 15% rally, now up over 100% in 2025. Futures touched $58.60. Traders price an 88% chance of a December Fed rate cut as the dollar weakens. RSI above 80 signals overbought conditions, but targets stand at $58$60 with support at $56.45, $54.45, and $52.75.

1 Dec 2025 5:25 pm
India Budget 2026: Five key steps involved in Budget formation explained

India Budget 2026: Work on Budget 2026 has commenced, following a meticulous five-step process initiated by the Department of Economic Affairs. This involves pre-budget estimates, inter-ministerial consultations, Cabinet approval, and parliamentary presentation. The final approved budget then guides the implementation of national financial plans and schemes for the upcoming fiscal year.

1 Dec 2025 5:22 pm
Siddaramaiah terms latest National Herald FIR vendetta politics, claims institutions being weaponised against Oppn voices

Karnataka leaders condemn the National Herald case FIR. They label it vendetta politics and weaponisation of institutions. Congress leaders Sonia Gandhi and Rahul Gandhi face alleged harassment. This action is seen as an attack on democratic values.

1 Dec 2025 5:21 pm
Samantha Ruth Prabhu marries director Raj Nidimoru; here's net worth of the two stars

Actress Samantha Ruth Prabhu and director Raj Nidimoru have reportedly tied the knot in a private ceremony on December 1, 2025, at the Isha Yoga Centre in Coimbatore. The couple, who have collaborated on several projects, shared glimpses of their wedding on social media. This marks Samantha's second marriage and Raj's second marriage.

1 Dec 2025 5:21 pm
Maharashtra Dy CM Eknath Shinde acknowledges strain with CM Devendra Fadnavis, SEC postpones local body elections to December 20

Eknath Shinde admitted to a recent exchange of allegations with Chief Minister Devendra Fadnavis but said that local body elections should remain focused on grassroots issues and the work of party workers.

1 Dec 2025 5:17 pm
Manufacturing weakens in Europe, Asia on faltering demand and tariff uncertainties

Manufacturing activity contracted in Europe's largest economies and China during November, impacted by weak domestic demand and tariff uncertainties. While Germany and France saw significant downturns, Britain and Southeast Asian nations like Indonesia and Vietnam experienced manufacturing growth. Japan's factory activity also declined, struggling with sluggish demand and trade uncertainties.

1 Dec 2025 5:14 pm
Airbus faces new quality problem on dozens of A320 jets, sources say

Airbus faces a production snag. A quality issue has been found with fuselage panels on several A320-family aircraft. This is causing some deliveries to be delayed. The problem has not yet affected planes already in service. Airbus is working hard to meet its yearly delivery goals. The company delivered 72 aircraft in November.

1 Dec 2025 4:57 pm
Clay County Bitcoin ATM scams hit 156 victims and $3 million can stolen crypto ever be recovered?

Clay County, Missouri, reports $3 million lost by 156 residents over two years to scams directing victims to crypto ATMs for untraceable Bitcoin purchases, often via fake jury duty or arrest threats. U.S. crypto kiosk fraud hit over $107 million in 2024, up 31%, with seniors and students increasingly targeted. Officials note transactions are hard to reverse. Cities like St. Paul plan bans on these machines due to poor compliance with anti-money laundering rules.

1 Dec 2025 4:54 pm
DRI, Customs seize 3,029 kg narcotics worth Rs 3,365 crore till October

During the period, about 260 kg of gold valued at over Rs 254 crore was also seized in 461 cases. In a written reply to a question in the Lok Sabha, Minister of State for Finance Pankaj Chaudhary shared details of gold and narcotics seizure cases at airports and seaports by Customs field formations and the Directorate of Revenue Intelligence (DRI) from 2022-23 to 2025-26 (up to October 2025).

1 Dec 2025 4:34 pm
Rosa Parks Day: Refused to give her seat for whites; prompting an arrest, followed by 13 months boycott. How this single act transformed America

Rosa Parks bus arrest, the 381day Montgomery Bus Boycott, the Supreme Court decision in Browder v. Gayle, Parks own words and fate, and why this moment remains monumental in civil rights history.

1 Dec 2025 4:31 pm
PhD researcher in Ghaziabad loses Rs 49 lakh in forex trap after matching on matrimonial site

A Vaishali PhD scholar lost Rs 49 lakh in a forex trading scam. He met a woman on a matrimonial site who lured him into a fake investment scheme. The fraudsters used changing links and fabricated profits. The scam was revealed when he tried to withdraw his money. Police are investigating the case and tracing the accounts.

1 Dec 2025 4:28 pm
Eight terrorists slain, 5 pushed back as forces foiled every infiltration bid across LoC this year: BSF IG

Security forces have successfully prevented all terrorist infiltration attempts into Kashmir this year. Eight infiltrators were neutralized, and five were pushed back across the Line of Control. The Border Security Force, in coordination with the Army, maintained effective domination of the LoC.

1 Dec 2025 3:58 pm
Raksha Summit 2025: A post-event report on the industrys most defining conversations

Raksha Summit 2025 brought together leaders from insurance, hospitals, digital health and policy to address Indias most pressing health-benefits challenges. The conversations spotlighted medical inflation, fraud, data fragmentation and the urgent need for interoperability. The event also unveiled the BCGMedi Assist report, outlining a roadmap for transparency, AI-led controls and standardised processes. The Summit set the tone for a more accountable, member-first healthcare future.

1 Dec 2025 3:58 pm
Focus on niche areas: Vice Chief of Air Staff to private firms in defence sector

Vice Chief of Air Staff Air Marshal Narmdeshwar Tiwari urged the defence industry to focus on niche areas of strength rather than spreading too thin. He emphasized the need for big companies to act as integration houses and highlighted opportunities in next-generation weapons, AI, and man-unmanned teaming for future defence capabilities.

1 Dec 2025 3:57 pm
Nepal's new notes to be made in China, with a controversial map claiming Indian territories

Nepal's central bank has awarded a contract to China Bank Note Printing and Minting Corporation to design and print several denominations of its currency, including the NRs 1,000 note. The redesigned NRs 1,000 note will feature seven rhododendrons and the signature of the current governor.

1 Dec 2025 3:56 pm
FM says Finance Ministry does not advise LIC on investments, Adani investments as per SOPs

Finance Minister Nirmala Sitharaman told Lok Sabha that the government does not direct LICs investment decisions, stressing that LICs investments in Adani Group companies were made independently following strict due diligence and regulatory norms.

1 Dec 2025 3:53 pm
Kazakhstan could step in to address Europes critical minerals requirements, says country's FM

Kazakhstan and the EU mark 10 years of their Enhanced Partnership, emphasizing cooperation on stable, resilient supply chains for green and digital transitions. Kazakhstan, a key supplier of critical raw materials like copper, graphite, and rare earths, aims to diversify Europes supply base. Bilateral trade reached $48.8 billion in 2024, with over 80% of Kazakh oil exports going to Europe.

1 Dec 2025 3:45 pm
Anand Mahindra shares unreal view of a Mandir in Himachal that looks like Switzerland, here's how you can reach this place

Anand Mahindra shared a breathtaking image of Rishi Parashar Mandir in Mandi, Himachal Pradesh, calling its beauty 'almost unreal.' The industrialist revealed a personal connection, regretting not visiting the region his late aunt praised. This blend of family memory and natural splendor resonated deeply with followers, highlighting Mahindra's appreciation for authentic, unhurried places.

1 Dec 2025 3:38 pm
EPFO disposes of nearly 99% of higher pension application, says Labour Min

The Employees' Provident Fund Organisation has processed almost all applications for higher pensions under the Employees' Pension Scheme 1995. This follows a Supreme Court directive. Over 17 lakh applications were submitted, with a significant portion now resolved. Many pensioners have deposited the required amounts, with pension payment orders being issued. The scheme operates on a defined contribution-defined benefit model.

1 Dec 2025 3:32 pm
Top orthopaedic surgeon reveals four game-changing tips for stronger bones, injury prevention and lifelong joint health

Orthopaedic surgeon David Abbasi advises that weakness, not movement, causes chronic injuries. He emphasizes preparing the body through strength training, mobility work, attention to daily habits, and consistency to protect bones, joints, and muscles long-term. These practices, starting in younger years, are crucial for maintaining movement and preventing injury as one ages.

1 Dec 2025 3:25 pm
Dubai real estate sector booms with AED23.8bn of transactions in the last week of November 2025, Jumeirah apartments give big boost

Dubai's real estate sector experienced a robust week, with transactions totalling AED 23.8 billion (USD 6 billion) from November 24 to 28. Sales transactions dominated the figures, reaching AED 19.49 billion, alongside significant mortgage and gift agreements. Notable high-value sales included apartments in Aman Residences and Solaya 2.

1 Dec 2025 3:24 pm
Former employee leaks GTA 6 gameplay footage, ignites fan excitement ahead of 2026 launch

A former Rockstar Games employee has leaked footage of Grand Theft Auto 6, slated for a November 19, 2026 release. The gameplay reveals an ambitious Vice City with enhanced combat, interactive environments, and two protagonists, Lucia Caminos and Jason Duval. While some leaks are questioned, many details suggest a redefined open-world experience.

1 Dec 2025 3:23 pm
Supreme Court entrusts CBI with pan-India probe into digital arrest cases, asks States to accord assent

The Supreme Court has ordered a nationwide CBI investigation into digital arrest scams. It also questioned the RBI on why Artificial Intelligence is not being used to freeze accounts of cyber criminals. The court noted that senior citizens are often targeted. Information Technology intermediaries must cooperate with the CBI.

1 Dec 2025 3:21 pm
Cyber Monday Sales: Live deals on record-low prices on brands like Apple, Dyson and others revealed

Cyber Monday 2025 has kicked off on a strong note, with leading global brands such as Hoka, Apple and Dyson unveiling significant discounts across a wide range of products.

1 Dec 2025 3:02 pm
India's gross GST collection in November tad up on year at Rs 1.70 lakh cr after sweeping tax cuts

India's Gross GST collections for the month of November stood at Rs 1,70,276 crore, up 0.7% year on year, according to government data released on Monday.

1 Dec 2025 2:56 pm
Haryana IGP suicide case: 17-page chargesheet alleges EASI Sushil Kumar used name of late officer to demand money

Police have filed a chargesheet against ex-assistant sub-inspector Sushil Kumar. He allegedly demanded money from individuals with disputes or complaints. Digital evidence, including call records, supports the allegations. The case gained attention after a liquor trader filed a complaint. The former IGP, Y Puran Kumar, died by suicide during the investigation.

1 Dec 2025 2:55 pm
Delhi wedding horror: CISF head constable shots 17-year-old boy for collecting money during wedding procession

A Central Industrial Security Force head constable was arrested after shooting a 17-year-old boy during a wedding procession in Shahdara, Delhi. The incident occurred when a dispute arose over children gatecrashing the event. The accused officer allegedly fired at the teen and fled. The boy, a migrant labourer's son, was collecting money thrown during the celebrations.

1 Dec 2025 2:55 pm
Anand Mahindra shares Monday Motivation of a Smart village having solar water heater, spotless streets and a water ATM

Anand Mahindra recently shared in his X account a clip featuring Satara Newar, a village near Tadobo National Park. Driven by local leader Gajanan's vision, the village implemented radical reforms, including solar-heated water, purified drinking water, and metered taps, demonstrating that transformative change hinges on unity and disciplined execution, not just capital.

1 Dec 2025 2:54 pm
Hyderabad school maid tramples and thrashes nursery girl; disturbing video triggers outrage among parents

A four-year-old nursery student in Hyderabad was allegedly attacked by a female attendant, with a disturbing video confirming the assault. Parents filed a complaint, leading to the attendant's detention and an investigation into potential motives, including internal friction with the child's mother who also works at the school.

1 Dec 2025 2:48 pm