Top News / The Economic Times
Air Canada's labor dispute escalated as the airline refuses to negotiate with striking flight attendants until they return to work, despite a federal order mandating arbitration. Representing 10,000 flight attendants, CUPE is protesting unpaid ground duties and seeking higher wages. The strike has disrupted travel for 130,000 passengers daily, leading to flight cancellations and suspended profit forecasts.
Researchers achieved a breakthrough by superheating gold. They raised its temperature to 19,000 kelvins without melting it. This challenges the entropy catastrophe theory. The team used ultrafast X-ray laser pulses. They measured atomic vibrations to determine temperature. This new method helps understand material behavior under extreme conditions. It has implications for materials science and fusion energy research.
Jasveen Sangha, dubbed the Ketamine Queen, has agreed to plead guilty to federal charges related to Matthew Perry's fatal overdose. She faces charges including maintaining a drug-involved premises and distributing ketamine, one count resulting in death. Perry died from acute ketamine effects, and Sangha is accused of supplying him with the drug.
Russian soldiers mock Ukraine by flying a US flag alongside the Russian tricolour in Zaporizhia. The act comes as Donald Trump and Volodymyr Zelensky meet for peace talks on ending the war.
Battlefield Best of Portal Event runs from September 2 to 30, 2025, with rotating modes every 48 hours. The Battlefield 2042 update also adds new maps, weapons, jets and over 20 Battlefield 6 rewards.
Battlefield 2042 update adds Battlefield 6 rewards, new weapons, classic map, and a 60-tier free battle pass. Players can unlock over 20 Battlefield 6 cosmetics before release on October 10, 2025.
Afar region in Ethiopia reveals a fascinating discovery. Fossils of multiple human ancestor species are unearthed. These species coexisted about 2.6 to 2.8 million years ago. This challenges old views of human evolution. The discovery includes a new Australopithecus species. Early Homo genus members were also present. This suggests a complex, branching evolutionary history.
iPhone 17 Pro Max internal design leak: A leak suggests changes in the upcoming iPhone 17 Pro Max. The phone might feature a metal-clad battery for better heat management. There could be two battery shapes based on SIM card availability. Battery removal might become easier. The camera bump is expected to be larger. The MagSafe system and charging port positions are also visible in the leaked images.
Zelensky wife letter was delivered to Melania Trump during Volodymyr Zelenskys meeting with Donald Trump in Washington. The exchange followed Trumps Alaska summit with Putin. The letter highlighted childrens suffering in Ukraine as leaders discussed possible peace talks, deported children, and ongoing international pressure on Russia.
Losing a job brings financial and emotional challenges, making the first 48 hours crucial. Managing severance pay wisely, promptly filing for unemployment, and cutting expenses are vital steps. Exploring health insurance options, avoiding 401(k) withdrawals, and addressing stock options and debt proactively can secure your financial future during this transition.
Swiss job losses due to Trump tariffs: The United States has imposed tariffs on Swiss exports due to the trade deficit. This move has put several Swiss jobs at risk. Electronics, watchmaking, food, tobacco, and pharmaceutical industries are among the most affected. Economiesuisse warns of severe consequences. The Swiss government and industry are working to mitigate the impact.
Jannik Sinner's Cincinnati Open final against Carlos Alcaraz ended prematurely due to Sinner's sudden health issues, forcing him to retire early in the match. Alcaraz, leading 5-0 in the first set, was declared the winner, securing his 22nd ATP title. Sinner apologized to the fans for his withdrawal, while Alcaraz displayed sportsmanship by writing Sorry Jannik on the camera lens.
Starlink outage affected more than 40,000 users in the United States, according to Downdetector. Netizens reported service interruptions and raised concerns online. The company has not issued an official statement.
Chinese researchers are pioneering pregnancy robots, humanoid machines housing artificial wombs, potentially revolutionizing fertility treatments. These robots, costing significantly less than traditional surrogacy, could offer a more accessible option for couples struggling with infertility. Ethical and legal considerations are being discussed as the first prototype is anticipated next year, sparking global debate about the future of reproduction.
Best savings accounts for high yield: Despite persistent inflation and stagnant traditional bank balances, US consumer spending remains robust. A shift towards higher-yield options like money market funds, CDs, and brokerage accounts is fueling this trend. Notably, lower-income households are leading the surge in cash reserves, contributing to sustained spending even amidst economic challenges.
Florida wildlife authorities are urging visitors and residents to report sightings of the rare rainbow snake (Farancia erytrogramma). With populations reducing due to habitat loss, prey scarcity, and disease, public reports vital to help the FWC track distribution, monitor health, and support conservation. Observations, ideally with photos, provide significant data for preserving this semi-aquatic species.
While Vanguard has rolled out a handful of active bond ETFs, the new products mark its first push into stock-picking ETFs. They will target dividend growth, growth stock and value stock investment strategies, Vanguard said.
Tech enthusiasts are excited for the Apple Watch 12. It is expected in 2026. Reports suggest a significant upgrade. The watch may feature advanced health sensors. A new design is also anticipated. Apple is focusing on improved battery life. Users might experience less frequent charging. The Apple Watch 11 is coming soon.
Macron called for a four-way meeting including Europeans in response to US President Donald Trump's hopes of bringing together the Ukrainian and Russian presidents. I think as a follow up we would need probably a quadrilateral meeting, because when we speak about security guarantees, we speak about the whole security of the European continent, Macron said at a White House meeting bringing together European leaders, Trump and Ukrainian President Volodymyr Zelensky.
Starlink, Elon Musk's satellite internet, faced a widespread outage in the United States. Thousands reported connectivity problems. The network was later restored for most users. A similar global disruption occurred in July. These outages raise concerns about satellite internet reliability. SpaceX plans more satellite launches. The company aims to improve network stability and capacity. Starlink is crucial for global connectivity.
The government clarified there's no plan to impose transaction fees on UPI transfers. Outstanding unsecured retail loans from commercial banks reached 15,08,586 crore as of March 31, 2025, posing no systemic risk. Furthermore, the NAVYA scheme, launched in June 2025, aims to empower adolescent girls in aspirational districts through vocational training, fostering socio-economic independence.
S&P 500 P/E ratio 2025: Despite a record high for the S&P 500, cracks are appearing beneath the surface. A high price-to-earnings ratio, currently near 30, signals investors are paying a premium for stocks, earning just $3.30 per $100 invested. Rising bond yields further challenge the stock market's appeal, potentially shrinking future returns for investors.
Donald Trump and Volodymyr Zelenskyy met again. The meeting contrasted sharply with their previous encounter. Earlier, Trump and JD Vance criticized Zelenskyy. They also warned about future US support. This time, smiles and agreement marked the discussion. Both leaders addressed reporters calmly. Even a reporter who once criticized Zelenskyy's attire complimented his suit. Trump echoed the sentiment.
West Bengal Chief Minister Mamata Banerjee introduced 'Sramasree,' a rehabilitation scheme for migrant laborers allegedly mistreated in BJP-governed states. The initiative offers 5,000 monthly for a year or until new employment is secured in Bengal, alongside one-time travel assistance. This plan aims to support the return and economic independence of migrant workers willing to come back to the state.
BJP challenged INDIA bloc parties to dissolve state assemblies if they distrust the Election Commission, accusing them of shielding infiltrators through their protests. Sambit Patra criticized Rahul Gandhi and Tejashwi Yadav for questioning constitutional bodies while facing corruption charges themselves. He further alleged that Congress and Trinamool Congress aim to create chaos in India, resembling unrest in neighboring countries.
The Rajya Sabha witnessed disruptions by the Opposition over the SIR issue, leading to a washout of the first half and a walkout later. Despite the turmoil, the government successfully passed the Indian Ports Bill, 2025, with support from BJP and allied parties.
Donald Trump anticipates Vladimir Putin will soon release over 1,000 Ukrainian prisoners. This follows the arrangement of a trilateral meeting with Ukrainian leader Volodymyr Zelenskiy. Trump believes Putin desires to take action. He forecasts positive developments after the agreed-upon meeting. The release could happen very soon. Trump views this as a significant and positive step.
Donald Trump said on Friday his Russian counterpart Vladimir Putin -- who US investigators found interfered on the Republican's behalf in the 2016 election -- agreed with him that letting voters send in ballots by mail risked election integrity.
Severe thunderstorm watch is in effect for Chicago and nearby counties until 6 p.m. Damaging winds, flooding, tornado risk, and hail are possible. Authorities advise residents to conserve water and prepare for flooding.
U.S. beef prices have surged above $18 per pound, straining household budgets. Declining cattle herds, droughts, tariffs, and inflation are driving costs up. Despite Trumps promises to reduce grocery costs, prices remain high, prompting shoppers to adjust. Social media emphasize widespread frustration as Americans weigh alternatives or rethink their meat choices.
West Bengal Chief Minister Mamata Banerjee accused Kalyani AIIMS of conducting an indirect survey for NRC under the guise of a mental health survey. AIIMS Kalyani clarified that it is participating in the National Mental Health Survey as a partner institution of NIMHANS, Bengaluru, across all states and union territories with the guidance of the West Bengal government.
Donald Trump met Volodymyr Zelenskyy and European leaders. He said a peace agreement for Ukraine is possible. Trump mentioned Putin agreed to Western security guarantees for Ukraine. This is a key point for discussion. European nations will take on much of the responsibility. The US will provide assistance to ensure security. Discussions are ongoing at the White House.
US President Donald Trump said Russian President Vladimir Putin has agreed to security guarantees for Ukraine as part of a potential peace deal. Speaking at the White House with Ukrainian President Volodymyr Zelenskyy and seven European leaders, Trump emphasised US and European support for Ukraines defence. He suggested a possible trilateral meeting with Putin and Zelenskyy to resolve the war.
Volodymyr Zelenskyy met Donald Trump and European leaders. The meeting aimed to push forward peace talks. Zelenskyy reiterated Ukraine's demands. These include territorial sovereignty and security guarantees. Trump faces pressure to reconcile Ukraine's demands with Moscow's. Officials described the mood as constructive. Zelenskyy's image may have played a role. Trump seeks to position himself as a dealmaker.
Myanmar's military junta plans elections from December 28. Critics call it a sham amid ongoing civil war. Nearly 60 parties registered, but many areas are outside military control. Opposition groups threaten to disrupt the polls. New laws impose harsh penalties for dissent. Aung San Suu Kyi's party is dissolved, and she faces imprisonment. Recent airstrikes killed civilians, raising concerns.
UNESCO and IIT-KGP are collaborating to enhance Durga Puja's accessibility for senior citizens, people with disabilities, pregnant women, and children. IIT-KGP will submit a draft plan outlining specific guidelines for puja committees, covering zones like pickup/drop-off, ramps, and signage. MassArt will pilot the program in Kolkata, aiming for widespread implementation across West Bengal.
China's rare earth product exports, including magnets, rebounded in July, reaching their highest level since January. This recovery follows earlier concerns about potential supply disruptions due to trade tensions with the US. Despite initial export controls, China has resumed flows, easing tensions with both the US and the European Union, who were also affected by the slump in supplies.
Amidst Opposition protests, the government introduced the Jan Vishwas (Amendment of Provisions) Bill, 2025, aimed at decriminalizing and rationalizing offenses to enhance trust-based governance. Additionally, The Institutes of Management (Amendment) Bill, 2025, was introduced to include IIM Guwahati in the schedule of the Indian Institutes of Management Act, designating it as an institution of national importance.
INDIA bloc leaders convened online, considering fielding a vice-presidential candidate and discussing potential names like Mylswamy Annadurai. Mallikarjun Kharge will consult with key leaders to finalize the candidate, possibly by Tuesday. The Opposition aims to counter the NDA's Tamil identity strategy and may consider a non-politician candidate, though the NDA is favored to win.
NDA's vice-presidential nominee, CP Radhakrishnan, arrived in Delhi and met with PM Modi and other alliance leaders. Modi conveyed his best wishes, recognizing Radhakrishnan's extensive public service. While his victory is assured, efforts are underway to build consensus, with Rajnath Singh reaching out to opposition leaders like MK Stalin.
INDIA bloc leaders are contemplating an impeachment motion against Chief Election Commissioner Gyanesh Kumar, alleging bias and irregularities, particularly concerning the special intensive revision in Bihar. This move follows the CEC's response to Rahul Gandhi's 'vote theft' charge and dismissal of concerns regarding the Bihar SIR-drive. While securing signatures is feasible, the motion's acceptance faces challenges due to stringent scrutiny.
The government plans to conduct the Situation Assessment Survey of Agricultural Households and the All India Debt & Investment Survey in 2026 as part of the 81st NSS round. These surveys aim to gather data on agricultural income, debt, assets, and investments to inform agricultural policymaking and assess farmer welfare.
A major disruption hits Air Canada as flight attendants strike. Thousands of passengers face travel chaos. Union leaders defy a back-to-work order. The government intervenes, citing economic concerns. The airline suspends financial forecasts. Negotiations failed over pay and working conditions. The union challenges the government's decision in court. Both sides remain firm, leaving travellers in limbo.
The Supreme Court granted bail to former West Bengal minister Partha Chatterjee in the cash-for-jobs case. The court directed the trial court to record statements of key witnesses within two months. Subiresh Bhattacharya and Shantiprasad Sinha also received bail. Charges must be framed against public servants within four weeks.
The Indian selection committee faces a tough decision. They must decide Shubman Gill's place in the T20 squad for the upcoming Asia Cup. Several talented players are vying for limited spots. Selectors also need to consider leadership dynamics. Suryakumar Yadav's captaincy record is strong. The team must finalize choices for pacers and spinners.
IgniteTech CEO Eric Vaughan replaced most employees with AI specialists. This bold move faced resistance initially. Employees feared job losses and doubted AI's capabilities. Vaughan hired new staff aligned with his AI vision. The company launched AI solutions and maintained revenue. This shows the importance of culture in AI adoption. Other companies can learn from this.