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National News

The Economic Times

National / The Economic Times

Nestle CEO outlines new road map for very attractive India market

Nestle SA is gearing up for major investments in India, positioning it as a key player in its global operations. With a vision to rank among its top five markets, Nestle recognises the potential of the burgeoning middle class and rising consumption, the company's CEO said. The new strategy will emphasize growth in volume and product quality while enhancing India's significance as a manufacturing and export hub.

26 Aug 2026 3:33 pm
Founded in 1859, this California mining town once had 2,000 buildings and 8,000 people. This ghost town still preserves abandoned beds, toys, books and vintage supplies

Bodie, a historical ghost town in California, draws interest with its well-preserved mining heritage. The discovery of gold and silver in 1876 triggered an explosive population increase, leading to a bustling community filled with buildings and life. However, after 1942, incidents of fire and resource depletion culminated in its abandonment. Now, 110 structures remain, providing visitors with a fascinating glimpse into the town's vibrant history.

26 Aug 2026 3:32 pm
In a 1982 US reservoir review, fish and plankton productivity rose after valleys were flooded, then declined as spawning habitat and detritus became less available

Following the creation of American reservoirs, theres an initial surge in fish populations, creating a thriving aquatic ecosystem. However, as time passes, diminishing habitats and dwindling food sources lead to a decline in biomass. Recent research affirms this non-linear trend, prompting fishery managers to deploy ongoing interventions to maintain these artificially created lake environments.

26 Aug 2026 3:30 pm
Volkswagen CEO Oliver Blume tells staff cost-cutting journey 'is not over'

Volkswagen CEO Oliver Blume addressed staff regarding ongoing cost-cutting measures. He acknowledged their efforts but stated more work remains to be done. Blume highlighted that labor costs are double comparable European locations. Factory expenses also remain significantly higher than other plants. The company continues to strive for greater efficiency and competitiveness.

26 Aug 2026 3:29 pm
'No other option': Gulf expats hunker down between bouts of war

Foreign workers are largely staying in Gulf countries despite six months of conflict, choosing higher, tax-free salaries over weaker prospects back home. Some have sent families home for safety while continuing to work, highlighting the economic dependence of millions of expatriates on Gulf jobs.

26 Aug 2026 3:26 pm
Bitcoin consolidates near $79K ahead of US PCE, GDP Data; whales book record $1.2 billion profit in 3 days

Bitcoin traded near $79,000 on Wednesday as traders await key US PCE inflation and GDP data. While the broader trend remains bullish, rising profit-taking and resistance around $82,800$83,000 could limit near-term gains. Short-term holder whales have booked a record $1.2 billion in profits over three days, adding to market caution.

26 Aug 2026 3:23 pm
MIT built a three-layer passive cooling panel of aerogel, hydrogel and reflective material; tests cooled it 9.3C below ambient and suggested up to 40% longer food storage in humid conditions

Researchers have created a passive cooling system that uses natural processes. This innovative device cools significantly below ambient air temperatures without electricity. The system can extend the shelf life of perishable foods, especially in humid conditions. Space cooling demand is rapidly increasing globally, straining power grids. This technology offers a promising solution for off-grid cooling needs.

26 Aug 2026 3:20 pm
From payasam to Vallam Kali: Anand Mahindra shares his Onam memory from Ooty that taught him a lesson in unity

Anand Mahindra took to X to recall his Onam memories from his boarding-school days in Ooty, where he eagerly awaited the Sadhya and especially payasam. He said Keralas Vallam Kali, with its magnificent snake boats and hundreds of oars moving in one rhythm, is perhaps the festivals most vibrant image. For Mahindra, the spectacle offers a powerful reminder of what people can achieve when they work together.

26 Aug 2026 3:19 pm
Psychology says people who prefer working night shifts may be following their natural body clock

People who prefer night shifts are not necessarily antisocial, unmotivated or unconventional. They may simply have anevening chronotype, feel more alert later in the day or prefer the quieter, more uninterrupted conditions that nighttime can offer.

26 Aug 2026 3:19 pm
Adanis Cemindia is said to near up to $524 million share sale

Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000 crore. The company has appointed ICICI Securities and SBI Capital Markets as advisers and has been meeting institutional investors ahead of the potential share sale.

26 Aug 2026 3:16 pm
Ace weightlifter Mirabai Chanu bracing for Olympic-level competition at Asian Games next month

Indian weightlifter Mirabai Chanu prepares for a challenging Asian Games competition. She aims to secure the one major medal missing from her career. Chanu is diligently following a rigorous training regimen to stay injury-free. She has set a personal challenge not to return home until winning a medal. The athlete is also planning for the 2028 Los Angeles Olympics.

26 Aug 2026 3:15 pm
Four dams built on the Klamath River between 1918 and 1966 made power, not water storage; in 2024, the last came down, reopening 420 miles of salmon habitat

In a groundbreaking initiative, four dams on the Klamath River spanning California and Oregon have been dismantled after a century of existence, revitalizing roughly 420 miles of crucial salmon habitat. Following years of intense discussions, the demolition was completed in October 2024. Experts predict a resurgence in salmon populations over the next twelve to twenty-five years as ongoing restoration efforts, costing millions, take effect.

26 Aug 2026 3:10 pm
Asian Games organisers looking to reduce numbers as registrations exceed target

Asian Games organizers in Japan are seeking to reduce participant numbers for the upcoming event after registrations surpassed the projected 15,000, reaching approximately 17,000. This surge, including 11,000 athletes and 6,000 officials, could strain accommodation plans as the Games will not feature a traditional athletes' village. Organizers are in discussions with the Olympic Council of Asia to find a solution for the excess entries.

26 Aug 2026 3:09 pm
Kitchen floor cleaning tips? Try these easy home hacks to remove oil stains, food spills, grease and grime

To maintain a sparkling kitchen, start by sweeping and vacuuming the floor to eliminate any loose dirt. For routine cleaning, employ warm water mixed with a mild soap solution. Tackle fresh oil spills promptly by blotting with absorbent towels. For a tougher job, sprinkle baking soda on grease spots and gently scrub. Always ensure the floor is fully dried afterward to avoid any slips.

26 Aug 2026 3:09 pm
Election Commission renews outreach plans for Gen Alpha, Z

The Election Commission is launching new initiatives to engage young voters. These efforts target students from classes nine to twelve and university levels. The commission plans to establish fifty thousand Electoral Literacy Clubs nationwide. This program aims to educate youth about democratic values and electoral processes. The goal is to foster informed voters for the upcoming 2029 Lok Sabha elections.

26 Aug 2026 3:09 pm
Nestle backs stricter food labelling norms, says transparency key for consumers

Nestles global CEO Philipp Navratil has backed FSSAIs tighter food-labelling scrutiny and supported front-of-pack disclosures, saying consumers should know what they eat. He said such rules should be scientifically designed, balanced and based on portion sizes and global best practices.

26 Aug 2026 3:06 pm
Quote of the day by Coco Gauff: Your life is still gonna be your life regardless if you win or lose American tennis player on why you shouldnt let results define you

Coco Gauffs quote, Your life is still gonna be your life regardless if you win or lose, and at that point you play free, offers a powerful lesson on handling pressure. The American tennis star suggests that results should not define your identity or control your mindset. A two-time Grand Slam champion, Gauffs perspective highlights how accepting both victories and defeats can help athletes perform with greater freedom and confidence.

26 Aug 2026 3:05 pm
Global Market: Mexicos Super Peso rally puts exporters under pressure

Mexicos peso has emerged as one of the strongest-performing emerging-market currencies in 2026, strengthening past 17 per dollar despite weak growth and US trade tensions. The super peso is helping curb import costs and inflation but is hurting exporters, especially firms reliant on US revenues.

26 Aug 2026 3:03 pm
In 1972, Chicago began digging 110 miles of sewer tunnel up to 300 feet down; 50 years on, the Deep Tunnel has captured more than a trillion gallons of combined sewage

Chicago's Deep Tunnel project has been a vital safeguard for Lake Michigan over the past fifty years. Initiated in 1972, this impressive 110-mile sewer system was designed to tackle combined sewer overflows and urban flooding. By 2006, the tunnel segment had significantly curtailed sewer-related pollution throughout the city. However, reservoir construction persists, with anticipated completion by 2029, mirroring similar infrastructure challenges faced by many U.S. cities.

26 Aug 2026 3:00 pm
He did B.Tech in Kerala, worked at Kerala State Electricity Board (KSEB). Then entered the film industry. Now, he has delivered Onam 2026s Malayalam blockbuster. Who is Girish AD?

From engineer to filmmaker, Girish A.D. has made waves in the Malayalam film industry with his engaging narratives. His works like Premalu and Thanneer Mathan Dinangal specifically appeal to a younger demographic. Recently, he released Bethlehem Kudumba Unit, which has seen remarkable success in theatres worldwide. Read on to know more about his journey.

26 Aug 2026 2:59 pm
Indian engineering giant L&Ts order wins signal Middle East revival

Larsen & Toubro reported an impressive acquisition of thirteen new orders since the beginning of July, including seven contracts from the Middle East. This trend is a clear sign of revitalized economic activity in the area. The company heavily relies on its Middle Eastern revenue for overall earnings. With businesses rekindling infrastructure projects, it's anticipated that project awards will continue to increase, supporting further development.

26 Aug 2026 2:58 pm
NFO Alert: ICICI Prudential Mutual Fund to launch 3 life cycle funds

ICICI Prudential Mutual Fund has launched three open-ended life cycle funds with five-, 10- and 15-year horizons. The schemes use a glide-path strategy, starting with higher equity exposure that gradually shifts towards debt as maturity approaches. The NFOs Life Cycle Fund 2031, 2036 and 2041 are open for subscription and will close on September 9.

26 Aug 2026 2:56 pm
In 1831, Swedish Navy planted 300,000 oak trees on Visings for future warships; when they were ready in 1975, Navy rejected the timber as ships had switched to steel, leaving a forest behind

Sweden's Navy undertook an intriguing initiative by planting oak trees on Visings to secure timber for future warships. Decades later, as steel replaced wood in shipbuilding, the mature trees were no longer needed, leaving the island partly covered in oak forests. Visings's history stretches back to ancient settlements and royal residences, while local folklore attributes the island's creation to a giant named Vist.

26 Aug 2026 2:52 pm
Not good for sport: Sanjay Manjrekar urges ICC, BCCI to address Yashasvi Jaiswal's on-field conduct

Former India cricketer Sanjay Manjrekar has called on the International Cricket Council (ICC) and the Board of Control for Cricket in India (BCCI) to take a stronger stance on on-field conduct after India opener Yashasvi Jaiswal was sanctioned for his altercation with Sri Lanka pacer Asitha Fernando during the ongoing second Test in Colombo.

26 Aug 2026 2:50 pm
NASA mixed cement aboard the space station; it hardened with strange stripes and highly porous structures that may affect its strength

Astronauts on the International Space Station conducted a unique experiment blending cement in microgravity. This innovative study seeks to explore the potential for building habitats on the Moon and Mars. Initial results indicated that the cement displayed distinctive porosity and striations, which are results of the weightlessness environment, contrasting greatly with the hardening process on Earth.

26 Aug 2026 2:50 pm
Most women excluded from scheme: AAP's Saurabh Bharadwaj criticises CM Rekha Gupta over Delhi Lakshmi Yojana

Delhi Aam Aadmi Party president Saurabh Bharadwaj criticized the Delhi Lakshmi Yojana. He claimed most women in the national capital have been excluded from the scheme. Chief Minister Rekha Gupta stated the scheme reflects Prime Minister Narendra Modi's resolve. Nearly 9.5 lakh women registered for the scheme within one month. The first beneficiaries will receive funds for August on September first.

26 Aug 2026 2:49 pm
Disquiet grows over AI's dangers: Gates sets tone for pivotal one-on-one with Xi as a race against time begins

AI risks: A key proposal Bill Gates plans to raise is international monitoring of AI systems capable of designing molecules or assisting biological attacks. He believes such oversight could be structured without restricting legitimate technological development.

26 Aug 2026 2:49 pm
In 1999, a Florida teen hacked NASA, accessed source code of ISS and forced the world's most powerful space agency to shut down some systems for 21 days

In 1999, 15-year-old hacker Jonathan James broke into NASA computers and downloaded proprietary software linked to the International Space Station. NASA shut down affected systems for 21 days, while the incident reportedly cost about $41,000 to investigate and repair. James was later arrested and sentenced as a juvenile.

26 Aug 2026 2:45 pm
Convening India's brightest minds: The Bharat Life Sciences Awards Innovation Summit to spotlight life sciences

India sets its sights on becoming a frontrunner in innovation within the life sciences arena. The Bharat Life Sciences Award 2026 aims to honor exceptional scientific achievements while promoting teamwork. With leaders gathering to enhance manufacturing and drug discovery capabilities, discussions will delve into topics like AI-driven discovery and cutting-edge vaccine technologies, ultimately aiming to define the future of India's life sciences landscape.

26 Aug 2026 2:45 pm
Mitchell Starc claims No. 1 spot in ICC Test rankings after 10-wicket haul

Mitchell Starc has achieved the ICC Test bowling number one ranking. He surpassed Matt Henry and Jasprit Bumrah with his performance. Harry Brook maintains his lead in the Test batting rankings. Rishabh Pant has returned to the top ten batting positions. Several other players also saw significant movements in the rankings.

26 Aug 2026 2:45 pm
Allcargo Logistics scales up its blue-collar workforce to cater to festive demand

In a strategic move, Allcargo Logistics plans to raise its blue-collar workforce by twenty percent. This decision aims to strengthen its express distribution and consultative logistics services ahead of the festive season, which is expected to bring about a notable increase in demand. To support this growth, the company will also implement a new incentive program for all its operational units.

26 Aug 2026 2:41 pm
Global Market: ECB may raise rates in September as Iran war fuels inflation concerns: Reports

European Central Bank policymakers are increasingly leaning towards a September rate hike as the Iran conflict drives up energy prices and inflation. While inflation is nearing 3% and economic activity remains resilient, officials appear reluctant to signal further tightening beyond September, keeping future decisions dependent on incoming data.

26 Aug 2026 2:40 pm
In 2023, NASA grew tomatoes for 100 days aboard the space station; ground plants produced more than 100, while the space crop yielded 12 and was not eaten

NASA's tomato experiment on the International Space Station faced major hurdles in microgravity, where watering issues resulted in uneven moisture levels and stressed plants. Out of the entire endeavor, only twelve tomatoes succeeded in ripening, demonstrating the stark differences in yield compared to Earth. Unfortunately, astronauts were unable to sample the crop due to contamination concerns. This experience underscores the crucial role of Earth in agricultural practices.

26 Aug 2026 2:40 pm
Mold-Tek Packaging board approves 1:1 bonus issue, Rs 3 final dividend

Mold-Tek Packagings board has approved a 1:1 bonus issue and recommended a final dividend of Rs 3 per share for FY26. Under the proposal, shareholders will receive one bonus share of Rs 5 face value for every share held. The company will announce the record date later, while the dividend will be declared at its annual general meeting.

26 Aug 2026 2:38 pm
IICT, Netflix announce scholarships for 100 students across six creative programmes

The Indian Institute of Creative Technologies and Netflix are offering scholarships to one hundred students. These scholarships provide up to eighty percent financial support for six professional creative programs. This initiative aims to strengthen India's creative talent pipeline and its AVGC sector. The collaboration follows Prime Minister Modi's meeting with Netflix Co-CEO Ted Sarandos. Industry perspectives are now integrated into academic frameworks and curriculum design.

26 Aug 2026 2:37 pm
What to do with empty tin cans? Try these 5 creative DIY reuse ideas for stylish storage and home decor

Transforming empty tin cans into functional storage options is not only creative but also eco-friendly. From organizing office supplies to storing kitchen utensils, these cans offer versatile solutions. Moreover, they can be painted and adorned to become stylish holders for candles or decorative lights, all while adding a touch of personality to your living space.

26 Aug 2026 2:35 pm
Indian men to open their Asian Games campaign on September 28

India's men's hockey team starts its Asian Games campaign on September 28. The women's team begins their tournament against Japan on September 18. Both teams are seeded and commence their journey from the quarterfinals. The men's team will face the second-placed team from Group A. The women's final is scheduled for September 22 and the men's on October 3.

26 Aug 2026 2:34 pm
Worker took a part time job after 6 months of searching, then coworkers started quitting, their hours crossed 35 and reported kitchen conditions had them rethinking the job

A Reddit user shared their difficult experience after finding a new job. The restaurant was chaotic and understaffed, leading to rapid employee turnover. Previous employees had quit quickly, citing poor conditions and inappropriate comments. The new worker faced unexpected extra hours and unsanitary kitchen practices. This situation presents a dilemma between a steady paycheck and a concerning work environment.

26 Aug 2026 2:33 pm
Treat waterlogging as 'disaster' , prioritise real-time redressal of complaints: Delhi LG to officials

Delhi's Lieutenant Governor has directed officers to treat waterlogging as a disaster. A war-footing response is now required across all government departments. This directive follows heavy rainfall which caused significant traffic disruptions. Many key city roads experienced severe water accumulation and gridlock. Officials are now focused on swift citizen relief and better city management.

26 Aug 2026 2:30 pm
In 1966, Gemini VIII made the first U.S. docking in space; 27 minutes later, a stuck thruster sent it spinning near 1 revolution per second before Neil Armstrong stopped it

The Gemini VIII mission quickly transitioned from a planned rendezvous to a critical in-flight emergency. Astronauts Neil Armstrong and David Scott faced a dangerous spin after docking with an Agena target vehicle. Armstrong's decisive action to use re-entry thrusters stabilized the spacecraft and averted disaster. This emergency led to an early mission end and a vital safety improvement for future flights.

26 Aug 2026 2:30 pm
Nene Royal reaches Americas Got Talent final: The 16-year-old Thai singer from Phuket who makes the grand finale with a Live Golden Buzzer

In a stunning turn of events, Nene Royal, a gifted guitarist hailing from Phuket, has clinched a direct spot in the finals of America's Got Talent. She impressed judge Mel B so much that she was awarded the Live Golden Buzzer for her captivating performance. Having previously entertained audiences at local markets, Nene is now preparing to shine in the AGT final competition as her online popularity skyrockets.

26 Aug 2026 2:28 pm
Global Market: European shares edge higher as oil prices fall, Nvidia earnings in focus

European shares edged higher as falling oil prices eased bond yields and supported equities, while investors awaited Nvidias quarterly results and fresh US inflation data. The STOXX 600 gained 0.1%, with basic resources leading gains, even as energy stocks lagged amid hopes of a reopening of the Strait of Hormuz.

26 Aug 2026 2:25 pm
California boy started sewing at age 4 and has dressed Sharon Stone: Meet Max Alexander, the 8-year-old who broke a Guinness World Record

California-born Max Alexander began sewing at four after asking his mother for a mannequin. By eight, he had created over 100 custom couture gowns, dressed celebrities including Sharon Stone and Debra Messing, and hosted runway shows. In 2024, he became the youngest designer to present at a runway show, later making history as the youngest designer to debut at Paris Fashion Week.

26 Aug 2026 2:25 pm
M&A deals more than double as India Inc steps up growth bets: Crisil

Indian companies are increasingly using mergers and acquisitions to accelerate growth. Deal volumes have more than doubled since fiscal 2017, reflecting this trend. Many companies are acquiring technology and talent through strategic acquisitions. Successful deals expanded scale and improved margins after synergies kicked in. Integration challenges and regulatory delays remain key risks for some acquisitions.

26 Aug 2026 2:22 pm
Where is debate over men who approved ad?: Gaurav Gogoi questions disproportionate targeting of Kriti Sanon

Actress Kriti Sanon faced public scrutiny over a recent television advertisement. Congress MP Gaurav Gogoi highlighted the patriarchal mindset in public discourse. Jewellery brand GIVA withdrew the advertisement after facing concerns. Kriti Sanon questioned the focus on women's clothing and cultural respect. Rahul Gandhi endorsed her view, stating women's choices are their own.

26 Aug 2026 2:20 pm
India job postings rise 1.2% in July

New Delhi: Indias month-on-month job postings rose 1.2% in July, ending three consecutive months of decline in March, April and June, while postings were up 8.3% year on year, according to an Indeed report.The report said while postings have been volatile recently, hiring intensity across India remains elevated, with postings still 84% above pre-pandemic levels.Indian job postings staged a modest recovery in July, ending three consecutive months of decline, Callam Pickering, senior economist, In

26 Aug 2026 2:20 pm
In a Biosphere 2-linked Arizona study, cherry tomatoes grew beneath solar panels with 50% less irrigation; midday water stress was about 40% lower across crops

University of Arizona researchers studied the effect of solar panel shade on crop growth. Their findings suggest agrivoltaic systems reduce heat and water stress for crops. Shaded plants maintained productivity with less irrigation compared to full sun. This approach could significantly help dry regions facing water supply pressures. Combining solar energy generation with food growing offers a sustainable solution.

26 Aug 2026 2:20 pm
Quote of the Day by Viktor Frankl: If there is meaning in life at all, then there must be a meaning in suffering without suffering and death human life cannot be complete

Quote of the Day: The life of Viktor Frankl exemplifies how one can uncover meaning amid profound suffering. His teachings postulate that, despite unavoidable pain, we can discover a sense of purpose. This approach illuminates pathways through life's devastating losses. Although heartbreak can feel void of significance, Frankls message empowers individuals to define their relationship with suffering, illustrating that meaning enriches rather than diminishes our experiences.

26 Aug 2026 2:15 pm