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The Economic Times

Top News / The Economic Times

Unilever agrees two-year worker protection after $65 billion McCormick merger, memo shows

Unilever will protect European and British food business jobs for two years. This guarantee follows the planned merger with U.S. spice maker McCormick. The agreement locks in terms until at least mid-2029 for employees. This protection exceeds typical legislative requirements for such deals. Unilever continues constructive engagement with works councils regarding these commitments.

29 Jul 2026 3:09 pm
Delhi Lakshmi Yojana eligibility: Check who can apply for Rs 2,500 monthly aid, who will not qualify and registration starting date

Who is eligible for Delhi Lakshmi Yojana: Delhi cabinet has approved the Delhi Lakshmi Yojana, a scheme promising Rs 2,500 per month to eligible women in the capital. Registrations begin August 1 and the government aims to release the first instalment on Raksha Bandhan, August 28. The scheme targets 17 lakh women and has a budget of Rs 5,110 crore for 2026-27.

29 Jul 2026 2:50 pm
Shubman Gill regains No. 1 spot in ODI batting rankings; Vaibhav Sooryavanshi jumps in T20I charts

Shubman Gill has reclaimed the number one ODI batting ranking from Daryl Mitchell. Vaibhav Sooryavanshi jumped 230 places to reach 48th in T20I rankings. Ishan Kishan leads T20I rankings with a high rating, surpassing other Indian players. Ravi Bishnoi advanced 31 spots to 41st among T20I bowlers. Justin Greaves also made gains in Test bowler and all-rounder rankings.

29 Jul 2026 2:47 pm
Israel elections 2026: The system, the rivals, and what's at stake

Israelis are scheduled to hold a national election on October 27. Polls indicate Prime Minister Benjamin Netanyahu faces a clear defeat in this upcoming vote. His security credentials were significantly impacted by the October 7 Hamas attacks. Several rivals, including former military chief Gadi Eisenkot, are emerging as contenders. Israel's parliamentary system necessitates coalition governments, making elections complex.

29 Jul 2026 2:47 pm
Lamborghini profit slips as tariffs, Middle East conflict weigh

Lamborghini's operating profit declined over eight percent in the first half. This reflects sector-wide fragility spurred by tariffs and Middle East conflict. Revenue grew while vehicle deliveries saw a slight decrease compared to last year. Adverse exchange rates and increased U.S. tariffs impacted the company's performance. Despite market volatility, Lamborghini achieved its highest revenue in history.

29 Jul 2026 2:47 pm
The key issues that will shape Israel's elections

When Israel goes to the polls this year, voters will weigh in on conscription, the economy and how the state should investigate its inability to prevent Hamas's October 7, 2023 attack. - Accountability for October 7 - Many Israelis have demanded an independent state commission of inquiry into the failures that allowed Hamas's October 7, 2023 attack on Israel, which resulted in the death of more than 1,200 people.

29 Jul 2026 2:40 pm
NEET UG 2026 counselling: Check new MCC rules on seat upgrades, resignation and NRI quota

The Medical Counselling Committee has updated its online counselling procedures for medical admissions. Candidates seeking upgrades will no longer need to physically report to colleges. Seat resignations can now be completed entirely through the online MCC portal. NRI quota applicants can submit their required documents digitally for easier processing. Authorities are now required to provide clear seat and fee details to all aspirants.

29 Jul 2026 2:36 pm
FIFA's $20 billion PE plan sets up fresh Europe showdown

FIFA plans a twenty billion dollar subsidiary for World Cup events. This move offers external investors up to twenty percent stakes. UEFA criticizes this proposal, calling it a sale of the game's soul. FIFA aims to democratize sport by sharing financial benefits widely. This initiative seeks to shift football's financial center away from Europe.

29 Jul 2026 2:25 pm
US-Saudi strikes in Iraq kill 20: former paramilitaries

US and Saudi forces conducted strikes on Iraq, killing at least twenty former paramilitary members. These attacks targeted bases across seven Iraqi provinces, causing significant damage. The strikes followed accusations of Iran-backed groups attacking Saudi oil facilities. Iraq's Prime Minister vowed to disarm pro-Iran armed groups amid rising tensions. The situation highlights Iraq's ongoing role as a proxy battleground.

29 Jul 2026 2:18 pm
No boss, no meetings, yet every bee knows exactly what to do. German scientists reveal how bees stay organised without managers

German scientists have identified a gene that governs task allocation within bee colonies. This gene, doublesex, controls neural circuits responsible for behavioral changes in worker bees. Researchers found that deactivating specific brain areas prompted older bees to resume younger bee duties. This discovery offers insights into how social organizations manage labor without central direction. The findings highlight nature's efficiency in repurposing existing genetic mechanisms for new functions

29 Jul 2026 2:15 pm
Raj Kumar replaces Lalage as India make one change in Asian Games-bound hockey squad

Raj Kumar Pal replaces Aditya Arjun Lalage in India's 20-member hockey squad. Harmanpreet Singh will continue to lead the experienced team in Japan. The squad blends established stars with promising young players for the tournament. India aims to win gold and qualify for the LA 2028 Olympics. The team begins its campaign against Indonesia on September 20.

29 Jul 2026 2:10 pm
We thought they'd use water cannons, not lathis': IIT Patna student moves SC over Parliament protest injuries

Toshiva Yadav, an MBA student, suffered injuries during a protest march. She is now seeking an independent judicial inquiry into police actions. Yadav alleges disproportionate force was used against students during the Parliament march. Her petition calls for safeguards to regulate crowd-control measures by police. She desires accountability for alleged police brutality during the demonstration.

29 Jul 2026 2:09 pm
Kangana Ranaut, CJP's Saurav Das spar over actor's comments on Gen Z protesters

BJP MP Kangana Ranaut and CJP spokesperson Saurav Das traded sharp barbs. Ranaut called Gen Z Generation gutter and questioned their upbringing. Das criticized Ranaut's language and questioned her mental stability. Ranaut dismissed Das as useless and unemployed, highlighting her career achievements. The exchange occurred amid protests over NEET examination irregularities.

29 Jul 2026 2:07 pm
Indian corporates to clock 9% aggregate revenue in FY27: Fitch

Fitch Ratings forecasts Indian corporate revenue to grow nine percent in the current fiscal year. This growth is expected to keep credit metrics for Indian companies stable. Geopolitical tensions and climate risks could impact oil prices and demand for certain sectors. Chemical companies may face higher costs and softer demand from these factors. The broader economy could also suffer from food inflation and lower rural income.

29 Jul 2026 2:02 pm
Vishal Sikka bets on 'AI surfing' with Hang Ten, raises $32 million to help enterprises ride the wave

Hang Ten Systems, a new enterprise AI startup, has secured significant seed funding. The company aims to guide businesses in leveraging artificial intelligence for transformation. It will expand its engineering team and strengthen its AI platform capabilities. Hang Ten will advise chief executives on AI strategy and implementation across various functions. This initiative seeks to bridge the gap between AI potential and enterprise adoption.

29 Jul 2026 1:57 pm
Dharmendra Pradhan's resignation superficial, RSS runs India's education ministry: Rahul Gandhi

Rahul Gandhi stated Dharmendra Pradhan's resignation was superficial as the RSS controls the education ministry. He claimed RSS influences all Indian universities and burdens poorer families significantly. Gandhi criticized the government's handling of student protests and the home minister's absence. He also dismissed the RSS's historical perspectives as nonsensical and hollow. Gandhi categorized people as students, idiots, and andhbhakts to frame his arguments.

29 Jul 2026 1:48 pm
Forget match-fixing or ball tampering, a finger-click scam has just exposed one of cricket's biggest scandals in England

A village cricket match saw a fielder allegedly fake a wicket with a finger snap. Footage of the incident went viral online, sparking widespread debate. Investigators are now examining the suspicious circumstances surrounding the dismissal. The wicketkeeper's unusually high catch count also raised significant questions. This unusual event has captured global attention within the cricketing community.

29 Jul 2026 1:43 pm
India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge Ratings

India faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per barrel. This scenario threatens inflation and the Indian rupee's stability. Smaller businesses are particularly exposed to rising costs and liquidity stress. Global supply chains and India's trade balance would experience severe impacts.

29 Jul 2026 1:29 pm
India introduces Bill to tighten delayed birth and death registration rules

The Lok Sabha recently saw the introduction of a pivotal Bill focused on enhancing the regulations for the registration of births and deaths. This initiative aims to urge citizens to report these vital events without delay. Instances of registration lagging by one to two years will require a magistrate's consent, while delays surpassing two years will necessitate directives from a judicial magistrate.

29 Jul 2026 1:27 pm
AAP chief Arvind Kejriwal raises concerns over E20 fuel use in older vehicles, seeks clarity from auto firms

In a recent statement, Arvind Kejriwal highlighted the apprehensions of auto manufacturers regarding the Centre's E20 fuel initiative. He asserts that these manufacturers, fearing backlash due to compensation demands, have confided that E20 could damage older cars. Kejriwal challenges the Centre's endorsement of E20, emphasizing that ethanol is not just pricier, but it also yields inferior mileage compared to traditional petrol.

29 Jul 2026 1:20 pm
Dehradun's Rs 16 crore bridge gets big hole in just 17 days after rain; probe on to determine the cause

A newly built Dehradun bridge lost its approach road just seventeen days after its opening. Overnight rainfall eroded the soil supporting the road, causing a significant collapse. Officials stated the bridge itself remained structurally safe, and traffic was rerouted. An investigation has been ordered to fix responsibility for the construction quality issues. Temporary repairs have since restored traffic flow on the affected stretch.

29 Jul 2026 1:15 pm
CJP founder Abhijeet Dipke's mother says he will marry only after completing studies, becoming financially independent

Abhijeet Dipke, founder of the Cockroach Janta Party, has postponed his marriage plans. He is currently focused on his studies and achieving financial independence. Dipke is leading a campaign demanding the withdrawal of FIRs against student protesters. The party has threatened nationwide protests if their demands are not met. The Cockroach Janta Party seeks assurances against retaliatory action and examination reforms.

29 Jul 2026 1:14 pm
Who is Prof. V Kamakoti, IIT Madras director and former JEE chairman joining exam reforms force Priyanka Gandhi called a 'gaumutra expert' in Lok Sabha?

Prof V Kamakoti, director of IIT-Madras and the man behind India's first indigenous microprocessor, has been named to PM Modi's exam reform task force led by Nandan Nilekani. Congress MP Priyanka Gandhi's decision to call him a gaumutra expert in Lok Sabha, a reference to his 2025 remarks on cow urine's medicinal properties, has since triggered a sharp parliamentary row.

29 Jul 2026 1:08 pm
BMW aims to cut 8,000 jobs by end 2027, source says

BMW plans voluntary redundancy for nearly half its German workforce. This move aims to reduce approximately eight thousand jobs by the end of 2027. Desk-based employees in Germany will receive these offers starting in October. The company faces slimmer margins and intense competition, especially in China. BMW's vehicle deliveries in China have already seen a significant decline.

29 Jul 2026 1:06 pm
RCB & IPL's valuation trophy! Royal Challengers Bengaluru becomes first $300 mn cricket team as Indian Premier League's business value crosses $20.6 bn

Royal Challengers Bengaluru has surpassed a $300 million brand value milestone. The Indian Premier League's overall business valuation climbed to $20.6 billion this year. This growth underscores the tournament's increasing commercial appeal and global investor confidence. Recent franchise transactions have reset valuation benchmarks for the league. Global investors now view franchises as scalable sports and entertainment businesses.

29 Jul 2026 12:54 pm
Indian women''s hockey team leaves for Germany for final phase of WC preparation

The Indian women's hockey team has departed for Germany for final World Cup preparations. They will play practice matches against Germany before heading to the Netherlands. The team aims to fine-tune combinations and adapt to European conditions. India begins its World Cup campaign against China on August sixteenth. Captain Salima Tete expressed confidence in the squad's determination.

29 Jul 2026 12:45 pm
'Booked flat in 2012, now possession in 2032': Millionaire Sabeer Bhatia shares homebuying ordeal in India

Sabeer Bhatia booked a high-end apartment in India back in 2012. The property's construction remains unfinished after more than a decade. Builders now project a handover date of 2032, which is twenty years later. This situation highlights concerns about trust in commercial dealings across the country. The entrepreneur expressed disappointment with the prolonged and uncertain property delivery.

29 Jul 2026 12:44 pm
Fast-track courts dispose more cases, so why do delays persist?

Fast-track courts were established to clear case backlogs and address public outrage. These courts have disposed of millions of cases over two decades. However, systemic issues continue to hinder speedy justice delivery. Investigations, prosecution, and forensic capacity also need improvement. Courtroom reform alone has not ensured faster justice for all.

29 Jul 2026 12:43 pm
SC closes criminal case against former PM Manmohan Singh in coal block allocation case

The Supreme Court has closed a criminal case against former Prime Minister Manmohan Singh. This decision follows the acceptance of a closure report filed by the CBI. The court found no reason for the trial court judge to reject the CBI's findings. Industrialist Kumar Mangalam Birla and ex-coal secretary P C Parakh were also involved. The Supreme Court's intervention stayed the earlier court directive summoning the accused.

29 Jul 2026 12:43 pm
Deadline passes for US President Trump to ask Supreme Court to reconsider birthright citizenship ruling

The Trump administration missed a deadline to ask the Supreme Court for a rehearing. This request concerned the president's birthright citizenship restrictions which were rejected. The Supreme Court's decision in June struck down the executive order. Three justices had supported the president's plan while one found it violated federal law. The court has not granted a rehearing petition in over fifty years.

29 Jul 2026 12:41 pm
Planning to move abroad? Indian expat in Paris reveals challenges beyond social media

An Indian expat in Paris shared challenges of moving abroad. Social media often omits financial burdens and job search difficulties. Adapting to new languages and cultures requires significant personal effort. Leaving family behind also presents emotional and practical hurdles. Clear goals, not online perceptions, should guide such life decisions.

29 Jul 2026 12:38 pm
Oreo maker Mondelez beats second-quarter estimates on steady demand

Mondelez International exceeded revenue and profit expectations for the second quarter. Steady demand for biscuits and chocolates, along with higher pricing, boosted results. The company raised its annual organic revenue growth forecast to at least two percent. North America saw pricing increases and modest volume growth during the period.

29 Jul 2026 12:32 pm
K Raheja Group appoints Vijayta Nikhil Raheja the chief executive officer

K Raheja Group has appointed Vijayta Nikhil Raheja as its new chief executive officer. She brings sixteen years of experience and previously served as chief operating officer. Vijayta Raheja will now drive the group's strategic direction and business operations. Her role includes overseeing governance and implementing best-in-class systems. This appointment signifies the group's commitment to strengthening institutional leadership.

29 Jul 2026 12:25 pm
SC dismisses Odisha govt plea against release of animated film 'Mahaprabhu Jagannath'

The Supreme Court dismissed Odisha's plea against the animated film 'Mahaprabhu Jagannath' release. Animation is a new art form for children and should not be curtailed. The court allowed the film's release after the Jagannath Yatra festivities concluded. Earlier, the High Court had stayed the movie's screening due to objections. Filmmakers invested heavily and faced significant financial losses if delayed.

29 Jul 2026 12:20 pm
Abhi Bus leaves passengers stranded in Ayodhya: Wrong pickup instructions sent couple 10 km away to find booked bus missing; ordered Rs 30,000 payout

A Kerala consumer commission has ordered Abhi Bus Service India and its partner operator to pay Rs 30,000 in compensation and refund the ticket fare after a couple, including a woman recovering from surgery, were sent to a wrong pickup point in Ayodhya, travelled 10 km by auto to the correct location, and still found no bus running at that hour.

29 Jul 2026 12:14 pm
Hyrox bets big on India, eyes top-three market status in five years

Hyrox anticipates India becoming a top three market within five years. The fitness race company expects significant growth driven by young populations. Global revenue is projected to reach 300 million in 2026. India currently contributes 4-5 million annually to Hyrox's revenue. Investment will focus on scaling events and strengthening gym partnerships.

29 Jul 2026 12:14 pm
Telegram founder Pavel Durov charged by Russia's FSB for facilitating terrorism

Russia's Federal Security Service (FSB) has charged Telegram founder Pavel Durov with facilitating terrorist activities, accusing the messaging platform of failing to remove content allegedly used for terrorism, sabotage and cyber-fraud inside Russia. The FSB has also issued an international arrest warrant. Telegram has not commented, while Durov continues to deny wrongdoing in separate investigations by French authorities.

29 Jul 2026 12:14 pm
Misir Besra arrested: CPI (Maoist) politburo member wanted in 141 cases held in Jharkhand

Misir Besra, a senior CPI (Maoist) politburo member carrying a reward of over Rs 1 crore and wanted in 141 cases, has been arrested from Jharkhand's Dhanbad district, police said. Two other Maoists were also held during the operation, while 16 Maoists, including members carrying combined rewards, surrendered before Jharkhand Police on Tuesday.

29 Jul 2026 12:09 pm
Fast-track court takes CBI chargesheet on record in NEET paper leak case

A special court accepted the CBI's chargesheet concerning the NEET-UG paper leak. Thirteen individuals face charges including conspiracy and cheating under new laws. The agency informed the court about extensive annexures requiring scanning and submission. Further proceedings in this significant case are scheduled for August third. Public prosecutors have been appointed to represent the CBI's interests.

29 Jul 2026 12:09 pm
Think diet sweeteners are harmless? Here's how they alter gut-brain signalling

Artificial sweeteners, discovered by chance, offer temporary sugar relief for many individuals. Experts suggest long-term use can negatively affect insulin processing and increase cravings. Some sweeteners may interfere with brain hunger signals, leading to increased appetite. While reducing sugar intake is a short-term victory, long-term goals are crucial.

29 Jul 2026 12:07 pm
I may be killed, arrested or jailed: Sheikh Hasina vows Bangladesh return by December

Ousted Bangladesh Prime Minister Sheikh Hasina plans a December return to her country. She faces arrest, imprisonment, or even death, but insists the decision is hers. Hasina fled to India after a student-led uprising ended her fifteen-year rule. A Dhaka court convicted her of crimes against humanity and sentenced her to death. She rejects extradition requests and defends her government's human rights record.

29 Jul 2026 12:03 pm
India performs world's third-most transplants, yet demand outpaces supply

India's organ transplant situation is dire, with 3.9 lakh needed just in 2021, emphasizing the escalating demand. Unfortunately, only a fraction of necessary kidney and liver transplants were executed, and the distribution of these surgeries is heavily skewed towards a few states. Additionally, while women participate in organ donation, they receive significantly fewer transplants than their health conditions require.

29 Jul 2026 11:58 am
US bans foreign-made humanoid robots, targeting China over national security

The US FCC has banned imports of Chinese humanoid robots due to security concerns. This move targets China's dominant position in the global robotics market. Analysts estimate Chinese robots hold an 85 percent global market share. The decision could strain US-China technological competition and future collaborations. China's domestic manufacturing base supports its continued development and other export markets.

29 Jul 2026 11:49 am