The Economic Times
Elections 2026Top News / The Economic Times
A low-pressure area is expected to form over the Bay of Bengal soon. This system will bring very heavy rain to several south Bengal districts. Coastal districts like North and South 24 Parganas will see significant showers. Heavy rain is forecast for other districts until August fifteenth. North Bengal will also experience heavy rain from August fourteenth to seventeenth.
The Supreme Court has directed the Election Commission of India to furnish data. This data concerns the number of appeals disposed of by tribunals in West Bengal. The court emphasized the importance of seeing the progress of appeals filed. Grievances about denial of public distribution system benefits must go to the high court. The primary issue for the court remains the quantum of disposals by tribunals.
India faces Sri Lanka in a Test series with no current player knowing defeat. The team's bowling attack shows significant inexperience in Jasprit Bumrah's absence. Batting also appears shaky despite Shubman Gill's recovery and Yashasvi Jaiswal's hunger. This series is crucial for India's World Test Championship qualification hopes. Victory is not guaranteed, and defeat remains a distinct possibility.
Tamil Nadu's assembly passed a resolution against the National Eligibility-cum-Entrance Test. The state reiterated its long-held stance against the examination, citing its negative impact. This test has diverted students' focus from school curriculum to coaching centers. The resolution urges the central government to abolish NEET for undergraduate medical admissions. Tamil Nadu proposes admissions based on Class 12 examination marks.
Jharkhand Chief Minister Hemant Soren announced the cancellation of the 14th JPSC Civil Services exam. He assured that two other JPSC examinations would also be cancelled by the government. Protesting students had demanded the cancellation of the 14th JPSC examination for some time. The Chief Minister accused the BJP of instigating students and spreading conspiracies. Student protests continued in Ranchi while the government promised reforms.
NDA MPs and Union ministers welcomed Prime Minister Narendra Modi with waving national flags and energetic slogans. Subsequently, they gathered to protest outside Parliament's main gate against police actions in Jharkhand. Accusations flew towards Rahul Gandhi for sidestepping debates concerning student protests, while opposition INDIA bloc MPs organized a separate rally on the same grounds.
Social and welfare ministries have seen many secretary changes over five years. Strategic and security portfolios like home and defence show greater continuity. The education ministry has had three secretaries since 2021. Minority affairs ministry is now with its sixth secretary since 2021. Health and family welfare ministry has seen four different secretaries.
Indigenous unmanned systems will be showcased for the Indian Air Force next month. Long-range systems and swarm drones are a special focus for this event. The air force leadership will examine drones with over 1,000 km range capabilities. Expendable drones for surveillance and intelligence gathering will also be displayed. Logistics drones for casualty evacuation and cargo delivery are also expected.
Churches in Mizoram held a rally in Aizawl opposing the proposed FCRA bill. Supporters carried banners and placards against the amendments during the protest. CCM president R Lalbiakliana stated churches and NGOs could face asset seizure. He mentioned the Centre claims amendments strengthen safeguards and are not targeting Christians. The proposed FCRA Amendment Bill, 2026, is currently under consideration.
Textiles and apparel exports are projected to reach 3.3 lakh crore by FY26. Tobacco product exports saw significant growth in quantity and value over ten years. Oil palm cultivation has achieved 42% of its mission target, with states showing varied performance. Negotiations for an interim trade pact with the US are currently ongoing. India is also working to diversify supply chains in critical sectors like energy and electronics.
The Union government may send the Foreign Contribution (Regulation) Amendment Bill to a joint parliamentary committee. Opposition parties have demanded the bill's withdrawal, citing concerns over its provisions. BJD MP Sasmit Patra personally requested the bill be sent for larger scrutiny. Several Christian community leaders and Mizoram CM also sought changes. The bill's retrospective application is a significant concern for various groups.
The Tamil Nadu assembly unanimously passed a resolution urging the Centre to withdraw the Foreign Contribution Amendment Bill. This proposed legislation raises concerns over the government's power to seize assets of charitable organizations. The bill's provisions could significantly impact educational and healthcare institutions run by minority groups. The Tamil Nadu government stated its objection to the bill's current form and provisions.
The government plans a substantial compensation hike for atrocity victims under the SC/ST Act. Financial assistance will also be provided to states for special police stations. This move aims to strengthen the enforcement of the SC/ST (Prevention of Atrocities) Act. The proposal seeks to address concerns over inadequate institutional infrastructure for handling such cases. Compensation for victims is expected to rise significantly after a decade.
The Supreme Court upheld the Calcutta High Court's decision on Tuesday. This decision denied interim relief to a Trinamool Congress faction. The court noted the party has sufficient funds for daily operations. Discussions on the merits were deemed inappropriate as the matter is pending. The bench stated it was not inclined to interfere in these matters.
Sand piranhas, scientifically known as Excirolana chiltoni, are tiny marine isopods that inhabit sandy intertidal areas along Pacific coastlines. Although their nickname sounds intimidating, these rice-sized crustaceans primarily act as scavengers, feeding on dead animals, seaweed, kelp and other organic debris beneath wet beach sand. When they detect chemical signals from food, they can gather in large numbers and rapidly consume the material. Their feeding contributes to the breakdown and recy
Afghanistan Cricket Board will host India for a three-match T20I series. These matches are scheduled to take place in New Delhi during September. This confirmation casts doubt on India's proposed tour of Bangladesh. The Afghanistan Cricket Board has officially confirmed the dates and venues. An official public announcement regarding this event is still pending.
The Supreme Court has requested responses from the central government and the Bar Council of India. A plea seeks an investigation into fake advocates and fraudulent law degrees. The court also asked for a response regarding the Cockroach Janta Party. This action follows concerns raised about procedural misuse and professional standards. The bench issued a notice on a lawyer's plea for action.
Indian business families are increasingly adding fluidity clauses to family settlement deeds, allowing succession, ownership and management arrangements to be revisited as circumstances change. Advisers say structured flexibility can accommodate generational, business and regulatory changes while reducing future disputes.
Quote of the day by Jean-Jacques Rousseau, Do not judge, and you will never be mistaken, explains why quick judgments can lead to wrong conclusions. The saying asks people to pause before forming opinions about others. It highlights incomplete information, humility, open-mindedness, self-awareness, empathy, human relationships, clarity and inner peace while showing how restraint can prevent errors.
The Calcutta High Court granted interim protection from police action to Trinamool Congress MP Abhishek Banerjee. Justice Saugata Bhattacharyya heard Banerjee's plea seeking the quashing of three registered FIRs. The court has fixed August 25 for passing its final order on the petition. Banerjee's lawyer requested and received directions for police to supply FIR copies. This interim protection shields the Diamond Harbour MP from coercive police measures.
Hundreds of trucks are stranded on National Highway 202 due to group blockades. Essential commodity prices have increased by 140 percent in Manipur. Drivers have been stranded for over twenty days, appealing for safe passage. Initial talks between the government and the United Naga Council were cordial. The Naga group will continue blockades until their demands are met.
Youth unemployment in India remains a significant concern, with joblessness rates increasing. Female youth unemployment has sharply risen to 19.6 percent, indicating a growing disparity. The gender gap in labour force participation has also widened considerably across many states. Twelve states and union territories are reporting unemployment rates above the national average. Overall labour force participation has slipped to 40.7 percent as female engagement declines.
Spanish proverb of the day: A Spanish saying highlights observing rain while staying dry. This saying reflects on viewing others' difficulties from a safe distance. It suggests that problems appear simpler when one is not directly involved. The proverb encourages pausing before judging others' challenging situations.
Karnataka's Chief Minister will meet ministers and experts on Wednesday. They will discuss the Cauvery Water Management Authority's new water release order. The authority directed Karnataka to release 12,000 cusecs to Tamil Nadu. The state cabinet will convene on Thursday to further deliberate the issue. Pro-Kannada organizations have been asked to withdraw their proposed bandh.
The Supreme Court ruled insider trading laws are breached even with minimal profit. It overturned a tribunal order exonerating Tara Jewels chairman and daughters. The court stated possession of unpublished price sensitive information is sufficient for violation. Trades made while possessing such information are presumed motivated by it. SEBI's penalties were upheld, though one was reduced.
India's net direct tax collections surged 23.09 percent to 8.11 lakh crore as of August 10. Non-corporate tax collections rose significantly, reaching 5.07 lakh crore from 4.11 lakh crore a year ago. Corporate tax collections also climbed to 2.70 lakh crore, showing a 19.83 percent increase. Securities transaction tax collections delivered a strong performance, rising by 51 percent to 33,823.74 crore. Gross direct tax collections increased by 19.
In 2017, a woman suffered severe vision impairment after gazing at a partial solar eclipse without protective eyewear. This led to solar retinopathy, manifesting as a crescent-shaped blind spot. Intense sunlight damaged her retina's photoreceptors, prompting doctors to utilize advanced imaging techniques to assess her eye condition. This case serves as a critical reminder of the hazards associated with direct solar observation.
Today's Quote of the Day by Seneca: The famous quote by Seneca, Its not because things are difficult that we dare not venture. Its because we dare not venture that they are difficult, explains how human fear amplifies hardship. Seneca asserts that most obstacles appear insurmountable only because we hesitate to confront them directly. By shifting our perspective from passive avoidance to active engagement, we dismantle artificial psychological barriers.
Tata Trusts chairman Noel Tata has told the Maharashtra Charity Commissioner that the 1989 transfer of 833 Tata Sons shares from the Navajbai Ratan Tata Trust complied with prevailing laws. The regulator will examine his response before deciding on an inquiry.
India's External Affairs Ministry stated border issues reflect larger bilateral ties with China. The ministry cautioned that maintaining peace in border areas is of utmost importance. Reports of Chinese troops crossing the Line of Actual Control were addressed by officials. Beijing's criticism of naming places in Arunachal Pradesh was dismissed by the MEA. Sources denied any slow encroachment by China in Arunachal Pradesh.
Fitch Ratings kept India's sovereign credit rating at BBB- with a stable outlook. Robust growth and solid external finances balance fiscal weaknesses and energy shocks. India's macroeconomic stability and policy credibility could underpin continued robust growth. High deficits and debt constrain the rating, despite recent fiscal consolidation efforts. The agency forecasts 6.4% GDP growth for India over the medium term.
The Delhi High Court seeks to bring sanity to personality rights, noting the issue is escalating. Justice Anup Jairam Bhambani heard Jahnvi Kapoor's plea for protection against online content. The court protected Kapoor from obscene material while questioning broad restrictions on fan clubs. It stressed personality rights should not impede legitimate speech and criticism. The court was disinclined to grant blanket orders on personality rights.
Larsen & Toubro is transferring its data centre and cloud services business to Vyoma.AI. This significant restructuring involves a 1,400 crore slump sale agreement between the two entities. The deal proceeds will be paid through the issuance of fully paid-up equity shares. Additionally, L&T will transfer its entire stake in L&T Network Services Pvt Ltd. This transfer to Vyoma.AI is valued at 30 crore and also paid via equity shares.
Japanese Proverb of the Day highlights the meaning of Trying to apply eye drops from the 2nd floor. The saying reflects the importance of using the right approach, understanding a situation clearly, and applying effort where it can actually make a difference. It suggests that even a simple task can become impossible when attempted from the wrong position or without proper understanding. The proverb reminds us that good intentions alone are not enough; effective action requires the right method,
Astronomers observed a unique spectral line during an 1868 solar eclipse in India. This unexplained yellow line suggested an element unknown on Earth at that time. Norman Lockyer later named this element helium, derived from the Greek word for Sun. William Ramsay finally discovered helium on Earth by extracting it from a mineral. This discovery confirmed the element's existence, linking solar observations to terrestrial findings.
African proverb of the day, Even the best cooking pot will not produce food, explains why talent, skills, education, money and resources cannot create success without action. The proverb compares potential with an empty pot and effort with the ingredients and fire needed to prepare food. It teaches planning, responsibility, initiative, hard work and execution as necessary steps towards achieving goals.
The United States has urged Pakistan to improve fiscal transparency measures. Pakistan must subject military and intelligence budgets to public oversight. Information on government debt obligations, including state-owned enterprises, needs disclosure. The US report noted Pakistan did not publish its executive budget proposal promptly. This initiative supports appropriate use of US taxpayer funds and champions transparency.
In an unexpected move, Brad Lightcap, an instrumental executive at OpenAI, announced his departure to chase fresh opportunities. Since joining in 2018, he has been vital in shaping the company's enterprise business alongside Sam Altman. Despite leaving, Lightcap maintains a strong faith in OpenAI's vision and intends to assist the team as he ventures into new projects.
Quote of the day by Chris Hemsworth offers a warm reminder that heroism often begins at home. The people who influence us most may not realize the extent of their impact because they are simply living their lives. Their sacrifices can seem ordinary to them while becoming defining lessons for their children. A parent's work ethic can inspire ambition. Their kindness can shape compassion. Their resilience can teach courage. Their ability to love through difficult circumstances can provide a lifelo
Ukraine has presented its proposals to United States negotiators for a peace plan. President Volodymyr Zelenskyy conveyed these ideas during his nightly video address. The United States can bolster Ukraine's defense capabilities, particularly air defense systems. This assistance aims to pressure Russia into ending the ongoing conflict. Ukraine seeks a resolution rather than a prolonged continuation of hostilities.
In 1856, an English chemist invented a unique material which set the foundation stone for huge global industry. Alexander Parkes developed Parkesine, a material made from nitrocellulose and other substances. It became the first man-made thermoplastic and later became a precursor to celluloid. Parkes displayed Parkesine in London in 1862, but production problems prevented his company from succeeding commercially.
A new regulation threatens alternative investment funds' established structures. These funds have relied on Indian ownership for sponsor and manager control. The draft rules suggest foreign investor funding could now determine control status. This change may impact investments in restricted sectors like real estate. Existing funds await clarity on grandfathering and future foreign investment rules.
Gunther von Hagens, the pioneering inventor of plastination who sparked both fascination and controversy, has passed away at eighty-one. His 'Body Worlds' exhibitions, showcasing real human cadavers preserved through his innovative method, attracted millions globally. In accordance with his last wishes, von Hagens' own body will be plastinated. He championed the idea that understanding our anatomy fosters a healthier, more conscientious society.
Jennifer Bailey, Apple's longtime head of Pay and Wallet, is retiring in October. She has led significant growth in payment services and the Apple Card. Bailey's departure adds to a wave of senior executives exiting the tech giant. This demographic shift sees many long-serving leaders reaching retirement age. Apple will announce its succession plan before Bailey's transition.
An employee faced a workplace dilemma after working fifteen minutes less than their scheduled shift. They completed all assigned tasks on time, which led to a discussion with their manager. This situation sparked debate online about office expectations and productivity versus strict hours. Some users suggested adhering to the full eight hours while others prioritized task completion. The employee seeks advice on how to navigate this conversation effectively.
Taliban barred 2.4 million Afghan girls from secondary education since 2021. Afghanistan is the only country with such formal bans on education. This risks condemning the nation to decades of lost potential and poverty. UNESCO estimates significant income losses and increased early marriage risks. The ban also exacerbates a shortage of qualified female teachers in schools.
Todays Quote of the Day by Orlando Bloom: Orlando Blooms famous quote You reach a point in life, and you just want to... is ultimately a message about refusing to let comfort become a permanent destination. The actor argues that life becomes richer when we continue taking action, accepting challenges, and allowing ourselves to experience what lies beyond familiar routines.
Quote of the day by Alan Furst: Novelist Alan Furst suggests good people focus on daily life and simple pleasures. Bad people, conversely, are consumed by their wrongdoing and negative actions. Furst's quote emphasizes where individuals direct their attention and choices. This offers a reminder to focus on everyday life and meaningful relationships.
Psychology says people who wear unkempt clothes at home aren't lazy or depressed. Wearing old, loose or worn clothes can be linked to physical comfort, reduced social pressure and a need to separate private life from public roles. At home, people may stop thinking about appearance and allow themselves to rest. This behaviour alone does not indicate poor mental health or lack of discipline.

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