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The Economic Times

Top News / The Economic Times

Bunnings gets green light to introduce facial recognition following landmark victory

Bunnings will deploy facial recognition across Australian stores over 18 months. This follows a successful appeal against a privacy ruling. The technology aims to enhance staff safety amid rising incidents. The company will improve customer notification about the scanning. This move is seen as a positive step against escalating retail crime.

7 Feb 2026 9:28 am
India did better than most other nations to have logical process rather than succumb to chaos: Former US Assistant Secretary of Commerce

India has navigated a bilateral trade agreement framework with the US more logically than many nations, according to former US Assistant Secretary of Commerce Raymond Vickery. He noted that while the US President favors rapid announcements, India's approach aims for a more deliberate process to achieve a lasting agreement.

7 Feb 2026 9:11 am
Ola, Uber, Swiggy, Zomato strike today: Services to be hit on February 7; All you need to know

February 7 Strike: App-based drivers and delivery workers across India are set for a nationwide shutdown on February 7, 2026. Unions are calling it a fight for survival. Thousands of workers from platforms like Ola, Uber, Swiggy, and Zomato are expected to join. This action highlights concerns over falling incomes and rising work pressure.

7 Feb 2026 9:09 am
India, US agree on interim trade pact framework with 18% tariff on India

India and the United States have agreed on a framework for an interim trade pact that will cut tariffs on Indian-origin goods to 18% from 50% and pave the way for a comprehensive Bilateral Trade Agreement covering goods, services, supply chains and digital trade. The two sides will also address non-tariff barriers and set rules of origin to ensure benefits largely accrue to both countries.

7 Feb 2026 9:07 am
From drugs to aircraft parts, what India gets under the $500 billion US trade deal

India and the US have agreed on an interim trade framework, improving Indian market access for pharmaceuticals, gems, diamonds, and aircraft parts. This reciprocal agreement aims for balanced trade, resilient supply chains, and sets the stage for a broader Bilateral Trade Agreement, focusing on technology and digital trade.

7 Feb 2026 8:59 am
Mumbai's app-based taxi, auto drivers to observe day-long strike

A union of app-based taxi and autorickshaw drivers observed a nationwide one-day strike on Saturday, raising demands including relief over the cost of installing panic buttons. The Maharashtra Kamgar Sabha said the protest is also against illegal bike taxi services and fare policies of ride-hailing platforms such as Ola, Uber and Rapido.

7 Feb 2026 8:56 am
Inflation needs monitoring in FY27 as new CPI series kicks in: SBI Research

The Reserve Bank of India's monetary policy decisions for 2026-27 will depend on inflation trends. A new Consumer Price Index series begins soon. The RBI maintained its repo rate at 5.25 percent. GDP growth forecasts are positive. Retail inflation is projected at 2.1 percent for 2025-26. The rupee strengthened after policy announcements.

7 Feb 2026 8:54 am
Canadian Tire fined nearly $1.3 million over false advertising in Montreal stores

Canadian Tire Corporation has been fined nearly $1.3 million plus fees after pleading guilty to false advertising. Quebec's consumer protection office filed 74 charges for misleading pricing practices over a six-month period in 2021. An investigation found products were rarely, if ever, listed at their original price before being advertised as discounted.

7 Feb 2026 8:45 am
India-US trade pact to expand market access for American farmers, producers: USTR

The United States Trade Representative (USTR) said the India-US interim trade agreement will expand access for American farmers and producers to one of the worlds largest markets. It said India has committed to eliminating or lowering tariffs on all US industrial goods and a wide range of agricultural products, while also addressing long-standing non-tariff barriers.

7 Feb 2026 8:43 am
Addressing non-tariff barriers to tech cooperation, BTA focuses on facilitating trade: Piyush Goyal

India and the United States have signed a significant trade deal. This agreement will ease market access and reduce trade barriers. Cooperation in advanced technologies, including GPUs, will expand. Indian exporters will benefit from reduced tariffs. The deal aims to boost bilateral trade and strengthen economic ties between the two nations.

7 Feb 2026 8:42 am
Dairy, fruits, vegetables, spices, and other grains protected in India-US trade deal: Piyush Goyal

Union Commerce Minister Piyush Goyal said the India-US trade agreement framework protects key farm sectors to safeguard domestic interests. He said dairy, fruits, vegetables, spices and grains have been kept protected to support local agriculture and strengthen the countrys push towards self-reliance.

7 Feb 2026 8:38 am
Modi hails interim trade framework with US as big win for jobs, MSMEs and startups; Thanks Trump for 'personal commitment'

India-US interim trade deal: India and the United States have agreed on a framework for an interim trade agreement. This development strengthens economic and strategic ties between New Delhi and Washington. Prime Minister Narendra Modi stated the agreement reflects growing trust and will create new opportunities. It supports the 'Make in India' initiative and aims to generate employment.

7 Feb 2026 8:31 am
12 Zilla Parishads, 125 Panchayat Samitis go to polls in Maharashtra

Polling for 12 Zilla Parishads and 125 Panchayat Samitis across 12 districts of Maharashtra began on Saturday morning under tight security. Over 7,400 candidates are contesting for 731 Zilla Parishad and 1,462 Panchayat Samiti seats, with more than 2 crore eligible voters expected to take part. Voting started at 7.30 am and will continue till 5.30 pm, while counting will take place on February 9.

7 Feb 2026 8:31 am
'New vistas opened up to promote Make in India': EAM S Jaishankar hails India-US interim trade agreement

India-US trade deal: External Affairs Minister S. Jaishankar welcomed the India-US interim trade agreement framework, saying it will expand market access for Indian exporters and support the Make in India initiative. He said, The framework for an Interim Agreement will realise a mutually beneficial India - US trade partnership.

7 Feb 2026 8:25 am
India gets duty free access to US aircraft, aircraft parts under BTA

India-US trade deal: India will get tariff-free access to certain aircraft and aircraft parts from the US under the framework for an interim bilateral trade agreement announced by both countries, according to a joint statement. India will also receive a preferential tariff rate quota for auto parts and negotiated outcomes on generic pharmaceuticals and ingredients, while both sides committed to providing preferential market access in sectors of mutual interest.

7 Feb 2026 8:18 am
Happy Rose Day 2026 Images: Top 70 wishes, messages and quotes for your special someone

Happy Rose Day 2026 Images Wishes: Rose Day, marking the start of Valentine's Week, celebrates expressing love and appreciation. The article offers 70 wishes, messages, and quotes for partners, crushes, and friends. These messages, ranging from romantic to simple, aim to make the occasion memorable by conveying feelings through words and the symbolism of a rose.

7 Feb 2026 7:49 am
Word of the Day: Alacrity

Word of the Day: Alacrity signifies promptness coupled with cheerful readiness, stemming from willingness rather than obligation. This quality, rooted in Latin for liveliness and eagerness, highlights inner energy and a joyful approach to action. It reflects reliability, care, and enthusiasm, leaving a strong positive impression in both professional and personal spheres.

7 Feb 2026 7:35 am
US announces new Iran oil sanctions moments after concluding talks

The United States on Friday announced new sanctions to curb Iran's oil exports, including targeting 14 vessels, moments after the adversaries wrapped up a day of indirect talks in Oman. The State Department said it would order a block of any transactions with 14 vessels said to transport Iranian oil, including ships flagged from Turkey, India and the United Arab Emirates.

7 Feb 2026 7:34 am
Trump administration re-approves twice-banned dicamba pesticide

US President Donald Trump's administration on Friday re-approved the use of pesticide dicamba for spraying on top of genetically-modified cotton and soybean crops, drawing swift backlash from environment groups and the Make America Healthy Again movement. This is clearly the work of the chemical lobbyists who now are staffed throughout the EPA and are not aligned with the MAHA movement or with President Trump's mandate, she said. ia/aha

7 Feb 2026 7:13 am
EU proposes to broaden sanctions on Russian crude in sweeping new package

The European Commission has proposed a broad ban on services supporting Russia's seaborne crude oil exports, aiming to significantly cut Moscow's war funding. This move goes beyond existing sanctions and could render the G7's price cap on Russian crude obsolete, impacting major importers like India and China.

7 Feb 2026 7:08 am
T20 World Cup 2026 matches global timings, how to watch live worldwide, format, teams, groups and prize money

The ICC Mens T20 World Cup 2026 starts on February 7, co-hosted by India and Sri Lanka. Fans can follow 55 matches across eight venues, with live streaming, TV, radio, and mobile coverage worldwide. Details on format, teams, groups, schedules, and prize money are available.

7 Feb 2026 7:05 am
US lifts 25% tariff on Indian goods linked to Russia oil purchases

US President Trump has lifted a 25% tariff on Indian goods, fulfilling a trade deal contingent on India ceasing Russian oil imports. The agreement also includes a reduction in reciprocal levies and India's commitment to purchase $500 billion in US energy and other products over five years.

7 Feb 2026 6:57 am
Is a 5% raise worth 30% more work? Employee says no and sparks debate as manager calls him unambitious

A senior analyst declined a promotion with a minimal pay raise and significantly increased demands, sparking debate. His manager labeled him unambitious, but online reactions largely supported his choice, prioritizing work-life balance and well-being over a demanding title and small increase.

7 Feb 2026 6:55 am
Iran and US hold indirect talks in Oman. America's military leader in the Mideast joins the talks

Iran and the United States held indirect talks in Oman on Friday to explore a framework for negotiations on Tehrans nuclear programme, with discussions seen as returning to an initial stage. The U.S. delegation included Central Command chief Adm. Brad Cooper, highlighting a strong military presence in the region, with the USS Abraham Lincoln and other warships stationed off Irans coast.

7 Feb 2026 6:46 am
India-US interim trade deal framework: Key highlights

India-US interim trade deal: The United States and India have agreed on an interim trade pact framework, aiming to lower tariffs and boost economic cooperation. This deal includes India reducing duties on U.S. industrial and farm goods, while the U.S. will apply reciprocal tariffs on certain Indian products, with plans for future removal. Both nations also commit to strengthening supply chains and digital trade.

7 Feb 2026 6:45 am
Trump says he didn't see Obama clip in video before it was posted

US President Donald Trump said he did not watch the full video clip that showed former President Barack Obama and Michelle Obama as apes before it was posted on his social media account and said he does not believe he made a mistake. He told reporters aboard Air Force One that he only saw the beginning of the video, which focused on alleged voter fraud, and then asked staff to upload it.

7 Feb 2026 6:35 am
Quote of the Day by Billie Eilish: 'I used to think that I knew everything.'Top quotes by the iconic singer

Quote of the Day: Billie Eilish believes lyrics hold more power than mere sound. Her music proves that carefully chosen words resonate deeply. This philosophy guides her career, from early hits to award-winning film songs. Eilish's work emphasizes emotional honesty, showing how meaningful lyrics endure, unlike temporary trends. Her message encourages listeners to value substance over spectacle.

7 Feb 2026 6:13 am
How to re-watch the 2026 Winter Olympics Opening Ceremony tonight: time, TV channel, streaming details and more

Italy hosted a spectacular Opening Ceremony for the 2026 Winter Olympics, themed 'Armonia,' celebrating sport, music, and tradition. Nearly 3,000 athletes paraded, and iconic performances captivated audiences. For those who missed the live event, NBC is offering a primetime rebroadcast tonight, with streaming available on Peacock.

7 Feb 2026 5:33 am
Taxman seeks to invoke GAAR against Jane Street

Jane Street case: It has been suggested that the profit recorded by the group during the period reviewed by the Securities & Exchange Board of India (Sebi) should be liable to be taxed in India as capital gains.

7 Feb 2026 5:30 am
IND vs USA T20 World Cup 2026 match start time, squads and how to watch live in US, UK, Canada, Australia, New Zealand, Italy, SA, UAE, Caribbean and worldwide

IND vs USA T20 World Cup 2026 match start time, squads and how to watch live in US, UK, Canada, Australia, New Zealand, Italy, SA, UAE, Caribbean and worldwide details Indias opening match, teams, head-to-head record, venue, timing, streaming platforms, and tournament context for global viewers.

7 Feb 2026 4:41 am
Dow Jones hits 50,000 for first time as Trump celebrates historic DJIA milestone

The Dow Jones Industrial Average achieved a historic milestone, surpassing 50,000 points for the first time. This surge followed a week of tech stock declines. Chip stocks rallied on AI spending expectations. President Donald Trump celebrated the achievement. This event signifies economic confidence and growth for America. The S&P 500 and Nasdaq also saw gains.

7 Feb 2026 4:07 am
Who was Lil Jons son? Lil Jon confirms the heartbreaking news of the death of son after body found in a Georgia pond

Rapper Lil Jon confirmed the tragic loss of his 27-year-old son, Nathan Smith, also known as DJ Young Slade, after his body was recovered from a Georgia pond. Police stated there is no indication of foul play in the ongoing investigation into Smith's disappearance and death.

7 Feb 2026 3:14 am
Quote of the day by Lady Whistledown: 'The ones we love have the power to inflict the greatest scars, for what thing is more...' - powerful line from Netflix's Bridgerton character Penelope Featherington

Quote of the day by Lady Whistledown in Bridgerton: Bridgerton's Lady Whistledown shares a poignant quote on love's capacity for deep hurt. The Netflix series, set in Regency London, explores romance and societal pressures across its seasons. From Daphne and Simon's story to Penelope and Colin's slow-burn, the show delves into emotional journeys.

7 Feb 2026 2:59 am
Is Mariah Carey lip-syncing at the Olympics? Winter Games opening ceremony sparks mixed reactions

Mariah Carey's performance at the 2026 Winter Olympics opening ceremony in Milan has drawn sharp criticism. While she sang Nothing is Impossible and the Italian classic Volare, many viewers accused the star of blatant lip-syncing, with some calling her rendition awful. Social media erupted with complaints about her perceived lack of effort.

7 Feb 2026 2:17 am
Why is gold price going above $4,955 and will it now head for $6,000 level? Gold rise, analysts insights and market outlook explained. Here's what should investors do now

Why is gold price going above $4,955 and will it now head for $6,000 level? Gold rebounded after losses as the dollar eased and US-Iran talks continued in Oman. Silver also recovered. Traders watched margins and geopolitical risks.

7 Feb 2026 2:13 am
BTC USD crash explained: Experts reveal top reasons why crypto market tumbled yesterday and why analysts are starting to buy spot Bitcoin now

Bitcoin crash explained: Bitcoin's value has fallen due to several factors. Leverage is unwinding, and AI hype is cooling, impacting miners. Governance concerns and quantum computing fears add to the uncertainty. The traditional four-year cycle also influences investor psychology. Despite the downturn, analysts see opportunities for long-term investment. Bitcoin has since rebounded from its lows.

7 Feb 2026 1:58 am
Why is copper price surging again and will it stay above $13,000 or fall back? Copper rise, analysts insights and market outlook explained. Here's what should investors do now

Why is copper price surging again and will it stay above $13,000 or fall back? Copper price moved above $13,000 after investors bought the dip. Improved sentiment, technical support near $12,500, and focus on supply and demand factors supported the rebound despite high inventories.

7 Feb 2026 1:50 am
Is Eleven dead? Caleb McLaughlin shares his view on Stranger Things ending

Caleb McLaughlin, who played Lucas in Stranger Things, has shared his view on Elevens fate. He believes Eleven did not survive the series ending. Other cast members, including Sadie Sink, agree with him. Fans are still debating the ending, which was designed to leave hope while keeping the truth unclear.

7 Feb 2026 1:34 am
Timothy Busfield indicted: What are the abuse allegations against the actor?

Actor Timothy Busfield has been indicted on four felony counts of criminal sexual contact of a child following allegations of unlawful sexual conduct involving 11-year-old twin boys. The incidents reportedly occurred while Busfield was directing on the set of the TV series The Cleaning Lady. Busfield denies the claims and is determined to clear his name.

7 Feb 2026 1:25 am
Tesla weighs New York, Arizona, Idaho to lift solar cell output

Tesla is moving forward with Elon Musk's ambitious solar energy plans. The company is exploring multiple locations across the United States for manufacturing solar cells. Production at its Buffalo, New York, factory is set to expand. Tesla is also considering building a new facility in New York. Other states like Arizona and Idaho are also under review.

7 Feb 2026 1:24 am
Canada, France 'move into' Greenland as US seeks control

Canada and France are opening diplomatic consulates in Nuuk, Greenland. This move shows support for Denmark and the Arctic island. Canadian Foreign Minister Anita Anand is attending the inauguration. France's consul general will work to deepen cooperation in cultural, scientific, and economic fields. This strengthens political ties with local authorities.

7 Feb 2026 1:22 am
Bayer's Asundexian drug reduces stroke risk by 26% in study

Asundexian reduced the chance of another stroke by 26% compared with placebo, when added to standard antiplatelet therapy such as Aspirin, Bayer said Thursday. The data adds to results released in November, and the company plans to submit the findings to regulators for approval.

7 Feb 2026 1:21 am
Why is silver price rising by 7.6% and will it go above $76.64 or fall back? Silver rise, analysts insights and market outlook explained. Here's what should investors do now

Why is silver price rising by 7.6% and will it go above $76.64 or fall back? Silver surged to $76.64 per ounce after falling below $65 earlier. The rebound followed gold recovery, a softer dollar, and geopolitical concerns. Investors are tracking market volatility and CME margin changes for price direction.

7 Feb 2026 1:19 am
Saudis cut key oil price for Asian buyers in sign of surplus

State oil producer Saudi Aramco will reduce the price of its Arab Light grade by 30 cents a barrel to parity with the regional benchmark for March, according to a price list seen by Bloomberg. That brings pricing for the kingdom's most plentiful crude blend to the lowest level since late 2020.

7 Feb 2026 1:06 am
Employee gets double the salary to relocate but is 12 hours away from his fiance in dilemma, gets valuable work-life advice

A Reddit user shared a dilemma: a job offer that would double his salary but require a 12-hour distance or 1.5-hour flight from his fiance, who has three years of medical school remaining. He described logistics, which includes housing in the new city, continued bill payments, and a 75% in-office schedule, with biweekly visits planned.

7 Feb 2026 1:00 am