SENSEX
NIFTY
GOLD
USD/INR

Weather

image 31    C

The Economic Times

Top News / The Economic Times

Companies may soon get to retain legal identity in flipbacks

A parliamentary panel proposes a new statutory framework for inward re-domiciliation. This would allow overseas companies to migrate to India while retaining their legal identity. The joint committee will recommend this new framework in its upcoming report. Sweeping changes are also expected to align corporate law with data protection. This initiative aims to simplify relocation for Indian-origin firms and future-proof legislation.

3 Aug 2026 5:00 am
Value addition key for Tata Steel as prices fall and costs increase

Tata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and coking coal costs are rising. The company expects domestic realisations to decrease in the September quarter. Tata Steel is increasing its focus on value-added products and expanding its NINL facility. This strategic shift aims to strengthen its position in high-margin segments.

3 Aug 2026 1:48 am
Indian diaspora in China raise visa, social media concerns

Indian diaspora in China flags concerns over anti-India content, work visas and spouse employment restrictions.

3 Aug 2026 1:13 am
'Macquarie's Done the Full Investment Cycle in India. It's Time to Invest Again': Chief executive Verena Lim

Macquarie Asset Management has invested over four billion dollars in India during its two decades. The firm is now actively evaluating digital and social infrastructure opportunities. This expansion follows its core focus on roads and renewable energy projects. Macquarie sees India as a compelling market with strong growth potential. The company maintains sufficient capital for continued investment in the country.

3 Aug 2026 1:08 am
Maharashtra charity body may examine Tata Trust share transfer validity

Maharashtra Charity Commissioner will examine an external legal opinion. This opinion questions the 1989 transfer of Tata Sons shares. The transfer involved 833 shares from a trust to a former trustee. It alleges violations of company law and trust obligations. The opinion deems the transaction invalid from its inception.

3 Aug 2026 12:56 am
Dutch proverb of the day: He who is outside, has already won the battle Inspiring life lessons on resilience, mental health, mindfulness, stress relief, inner peace, and why stepping away from routine often restores your clarity from an enduring Dutch proverb celebrated for practical wisdom

Dutch Proverb of the Day shares a timeless lesson that still fits modern life. He who is outside, has already won the battle reminds us that stepping away from stress often brings clarity, peace, and better decisions. This simple Dutch wisdom encourages resilience, mindfulness, and emotional balance, proving that sometimes the strongest move is to pause, breathe, and see life from a fresh perspective.

3 Aug 2026 12:51 am
TCS case: Five accused given bail by court

A Nashik court granted bail to five individuals accused in a sexual harassment case. The court noted the charge sheet was filed and investigation was nearly complete. These five accused were granted relief on July 30 by the Additional Sessions Judge. The court found no serious apprehension of witness tampering or evidence destruction.

3 Aug 2026 12:38 am
Solar Eclipse 2026: NASA has a bold plan to unlock the Sun's secrets

NASA will launch a scientific campaign during the August 12 solar eclipse. A high-altitude aircraft will study the Sun's corona for extended periods. Dozens of balloons will track changes in Earth's atmospheric boundary layer. Researchers aim to unlock new secrets about the Sun and our planet. This rare event offers unique observation conditions for scientific discovery.

3 Aug 2026 12:22 am
South Korea records its highest-ever temperature of 42.5C

The southeastern city of Yangsan saw the temperature reach 42.5C at 1:26 pm (0426 GMT), the Korea Meteorological Administration said on its website. Yangsan has been the epicentre of the ongoing heatwave, where temperatures exceeded 40C for a fifth consecutive day on Sunday, while many other cities including Daegu and Busan are seeing temperatures climb into the high 30s.

3 Aug 2026 12:20 am
Reveal identities of labourers' killers: NC chief Farooq Abdullah

Farooq Abdullah demanded the identity of recent killers be revealed. He questioned the source of militants after borders were sealed. Abdullah stated that terrorism had ended, which is now being tested. The administration should identify those responsible for the killings. This will demonstrate the current situation in the valley.

3 Aug 2026 12:20 am
Chabahar Port: India, Iran continue negotiations

India and Iran are negotiating Chabahar Port management as US seeks peace talks. India seeks a legal guarantee from Iran for port rights. This port is vital for India's outreach to Central Asia. China could claim the port if India loses its role. India remains committed to its strategic interests in Chabahar.

3 Aug 2026 12:13 am
Satluj to Amritpal: Panthic politics back in focus in poll-bound Punjab

Punjab's 2027 elections feature contests over governance and Sikh identity. Emotive Panthic issues are reshaping the state's political narrative quickly. The ruling Aam Aadmi Party is intensifying rural outreach and welfare programs. Congress faces challenges with internal factionalism and political momentum. The battle for Punjab's political future centers on commanding the Panthic narrative.

3 Aug 2026 12:12 am
Bernie Moreno breaks silence, says Max Miller is 'a danger' to his daughter

Senator Bernie Moreno publicly urged Representative Max Miller to resign from Congress. Miller is currently defending himself against domestic abuse allegations from his former wife. He has rejected these claims and vowed to remain in his reelection race. The ongoing custody battle for their young daughter has intensified scrutiny on Miller. Political pressure mounts as a key candidate replacement deadline approaches.

3 Aug 2026 12:08 am
Andy Burnham pushes for written UK constitution

Calling for a new clear set of principles about how this country should be run, Burnham argued that the absence of a written constitution leaves people debating issues that should be fundamental. It's wrong that people are left arguing for things that are just fundamental... and the lack of a constitution disempowers places in that situation, he said.

3 Aug 2026 12:07 am
Govt's urban reset: Centre divides ministry of Housing and Urban Affairs into two specialised verticals

The Ministry of Housing and Urban Affairs has undergone a significant structural overhaul. Senior bureaucrats were replaced and new leadership appointed to spearhead its flagship missions. The ministry was split into two specialized departments, focusing on capital development and urban development. This administrative revamp aims to streamline service delivery and accelerate infrastructure projects. Personnel shifts occurred rapidly after the government's decision to divide the ministry.

3 Aug 2026 12:05 am
Quote of the day by Kolo Toure, 'Life is about being happy. Life is about enjoying and thats It' teaches inspiring lesson for positive, simple meaningful life

Quote of the day by Kolo Toure shows that a meaningful life may not be the one with the longest list of accomplishments. It may be the one in which people experience genuine connection, curiosity, laughter, purpose, and gratitude along the way. Happiness does not have to wait until everything is perfect. Sometimes the ability to enjoy what is already here is itself one of life's greatest achievements.

3 Aug 2026 12:04 am
CWG 2026: India signs off Glasgow campaign with 39 medals; boxing leads charge ahead of Ahmedabad 2030

India secured 39 medals at the Glasgow Commonwealth Games, which concluded with a strong boxing performance. This medal haul was significantly lower than previous games due to a reduced sports program. The absence of several key sports impacted India's overall medal count from Glasgow. India will host the 2030 Commonwealth Games in Ahmedabad, featuring a larger sports selection.

2 Aug 2026 11:58 pm
Kyiv hits Rosneft refinery, Engels air base in Russia

The renewed attacks threaten to disrupt Russia's fuel supplies just as several regions had begun easing restrictions on gasoline and diesel sales imposed during recent shortages. The Saratov refinery, with a crude processing capacity of about 140,000 barrels per day, had resumed operations after being hit in an earlier Ukrainian strike on July 8.

2 Aug 2026 11:57 pm
Fight drug menace together through open communication with youth: PM Modi

Prime Minister Narendra Modi launched a nationwide campaign against drug addiction. He urged family elders and teachers to foster open communication with children. The campaign aims to keep the nation's youth physically and mentally fit. Support from society and rehabilitation facilities are crucial for recovery. This initiative precedes elections in Punjab, a state facing drug challenges.

2 Aug 2026 11:49 pm
China draws 'red lines' around its economic model ahead of EU, US trade talks

China defends its economic policy favoring advanced industries over domestic consumption. This stance signals increasing confidence ahead of trade talks with Europe and the United States. Western nations view China's approach as mercantilist, pushing cheaper goods globally. China counters these claims, rejecting accusations of protectionism and unfair practices.

2 Aug 2026 11:32 pm
Irish proverb of the day: No river reaches the sea without first making peace with... Timeless life lessons on resilience, struggle, forgiveness, emotional healing, inner peace, perseverance, and why true progress begins when we stop fighting every obstacle

Irish proverb of the day: Todays Irish proverb reminds us that lifes biggest lessons often come from the hardest journeys. This ancient Irish wisdom about rivers, obstacles, and resilience teaches us how acceptance, patience, and inner peace can help us move forward. The proverb offers a powerful reminder that true growth begins when we stop fighting every challenge and learn to flow with life.

2 Aug 2026 11:31 pm
In 1862, a single gold discovery turned this remote valley into Montana's first capital; today, more than 50 buildings still stand frozen in time

Montana's first territorial capital, Bannack, was established in 1862 after gold discovery. This frontier town quickly grew and then declined as miners moved on. Montana preserved Bannack as its first historic state park in 1954. Over fifty original buildings remain, offering a complete glimpse into Gold Rush life. Visitors can experience history where it happened at this well-preserved ghost town.

2 Aug 2026 11:27 pm
Canada new laws and rules in August 2026: Major changes to banking, cosmetics and colleges could affect students, shoppers and newcomers

Canada introduces ten significant federal laws and rule changes starting August 2026. Student grants remain higher, while private college eligibility faces restrictions. A new registry for foreign influence begins, and military sexual offenses move to civilian courts. Real-time payment rules are established, and cosmetic labels will list more fragrance allergens. Tobacco products enter a new warning cycle, and pet-food imports face certification updates.

2 Aug 2026 11:21 pm
A day after bail, Assam Govt invokes NSA Against Indigenous Rights Activist Pranab Doley

Doley has been arrested for 'supporting villagers who protested against a proposed five-star resort near the Kaziranga National Park'. Since 2022, indigenous residents of Golaghat have protested and even petitioned the Gauhati High Court against the project, arguing that the land was forcibly acquired from them.

2 Aug 2026 11:16 pm
Pan Am: For 74 years, no one knew where this plane wasuntil now

Search teams located the wreckage of Pan Am's Clipper Endeavor after 74 years. This aircraft crashed in 1952, leading to significant airline safety changes. The discovery occurred nearly 2,000 feet below the ocean surface off Puerto Rico. Investigators concluded that 52 lives were lost in the tragic incident. Lessons learned from this disaster improved mandatory preflight safety demonstrations for passengers.

2 Aug 2026 10:52 pm
Inside R. Madhavan's Rs 17.5 crore Mumbai home: From gold accents to a serene Buddha corner to terrace garden where he grows fruits and vegetables using hydroponics

R. Madhavan's Mumbai home reflects his calm personality through thoughtful design choices. Gold accents and an all-white bathroom create a spa-like atmosphere. A peaceful Buddha corner surrounded by greenery offers a serene retreat. Traditional Indian art blends with modern interiors in the living room. The residence showcases timeless elegance through simplicity and attention to detail.

2 Aug 2026 10:34 pm
Quote of the day by Mikey Madison: When I was 14, I had no idea who I was... Inspiring life lessons on self-acceptance, confidence, identity, emotional resilience, personal growth, positive role models, and why strong women can help shape a more confident future by the American actress known for Anora

Today's Quote of the Day by Mikey Madison: Mikey Madison quote, When I was 14, I had no idea who I was, and it was so confusing. So to see strong, confident girls, that I get to be around all the time, it's so amazing. It's reinvigorating for me reminds us that adolescence is often filled with uncertainty, self-doubt, and questions about identity. Her reflection about being confused at 14 and finding inspiration in strong, confident women highlights the importance of positive role models during

2 Aug 2026 10:21 pm
Five women killed, four injured in lightning strikes in Jharkhand

Of the five fatalities, three were reported from Patratu Block in Ramgarh, and two from Maheshpur-Rampur village in Basantrai Block in Godda district, officers said.

2 Aug 2026 10:17 pm
Tata Trusts plans 40-50 hospitals, pushes for more world-class universities in India

Tata Trusts plans to build 40-50 general hospitals nationwide. The organization will also focus on creating world-class educational institutions. This expansion aims to serve generations and revive a legacy of institution building. A cross-subsidy model will ensure affordable healthcare for the economically weaker sections. Greater private investment is sought to boost higher education infrastructure.

2 Aug 2026 10:10 pm
A suicide bomber strikes an anti-militant rally in northwestern Pakistan, killing at least 14

A suicide bomber targeted protesters at an anti-militant rally in Pakistan. The attack killed at least fourteen people, including several police officers. Demonstrators had gathered near a police station, chanting slogans and demanding peace. Pakistan's interior minister condemned the bombing and offered condolences to victims. Suspicion for the attack is likely to fall on the Pakistani Taliban group.

2 Aug 2026 9:59 pm
Warren Buffett ETF recommendation: The one fund he keeps pointing investors toward turned $10,000 into more than $40,000 in 10 years

Ace investor Warren Buffett's ETF recommendation continues to draw attention as his simple S&P 500 strategy shows how a $10,000 investment could have grown to more than $40,000 in 10 years. Buying and holding a low-cost S&P 500 index fund is an easy way to gain exposure to the US economy. Heres why Buffett favours low-cost index funds and what investors should know.

2 Aug 2026 9:42 pm
In 1695, pirates captured Mughal emperor Aurangzeb's royal ship and vanished after looting tens of millions of dollars' worth of gold and silver. The first coin from the treasure was found 300 years later.

Rare Arabian coins unearthed in America provide new evidence about a historic pirate heist. Captain Henry Every's crew stole vast treasure from an Indian royal ship in 1695. These coins suggest the pirates traveled to the American colonies after the raid. They likely spent the stolen treasure during everyday transactions while hiding. This discovery offers fresh insights into one of history's oldest unsolved criminal mysteries.

2 Aug 2026 9:39 pm
Quote of the Day by Adolf Hitler, 'Struggle is the father of all things' shows psychology about how adversity can shape human life, challenges may determine the future

Quote of the Day by Adolf Hitler offers the idea that struggle can shape human beings contains a lesson worth separating from its disturbing historical attribution. Life will inevitably present challenges, but those challenges do not have to define a person's future. What matters is how people respond, what they learn, and whether they use their experiences to develop greater wisdom and compassion.

2 Aug 2026 9:34 pm
Quote of the day by Benjamin Millepied: Most dancers have no awareness of how they... Inspiring life lessons on self-acceptance, confidence, mental health, resilience, compassion, and why true confidence begins with seeing yourself beyond society's expectations by the French choreographer and filmmaker

Today's Quote of the Day by Benjamin Millepied: Benjamin Millepieds quote exposes the psychological toll imposed by high-intensity professional environments. By stating that dancers often lack realistic awareness of their bodies, Millepied highlights the phenomenon of body dysmorphia, where objective reality is replaced by hyper-critical internal narrative.

2 Aug 2026 9:31 pm
Massachusetts farm installs 832 solar panels above berry fields, and the berries grown underneath turned out sweeter and juicier and could change the future of American farming

A Massachusetts farm is integrating solar panels above berry fields. This agrivoltaics project generates electricity while shading the crops. The elevated panels create a cooler microclimate, retaining soil moisture effectively. Berries grown under shade were larger, juicier, and sweeter than those in full sun. This innovative approach offers a model for climate-resilient farming and renewable energy in the US.

2 Aug 2026 9:19 pm
Government aims to complete Mumbai's Coastal Road project by Dec 2028: Union Minister Piyush Goyal

The Bandra-Versova-Bhayander Coastal Road project aims for completion by December 2028. This infrastructure development will significantly reduce travel times across Mumbai's western suburbs. Additional projects, including a desalination plant, are also under review for future implementation.

2 Aug 2026 9:15 pm
Gill, Arshdeep, Abhishek, Brar give star value to newly-launched 'Sher-e-Punjab T20 League'

The Sher-e-Punjab T20 League was officially unveiled on Sunday in Chandigarh. Prominent cricketers like Shubman Gill and Arshdeep Singh will feature in the tournament. This league offers a significant platform for young aspiring cricketers in Punjab. Six teams will compete in twenty-seven matches for the coveted title. The tournament aims to showcase Punjab's rich cricketing talent to a wider audience.

2 Aug 2026 8:54 pm
Quote of the Day by Winston Churchill: You have enemies? Good. That means you've stood up for something... Former UK Prime Ministers timeless advice on courage, conviction and wisdom

The quote of the day by Winston Churchill, You have enemies? Good. That means you've stood up for something, sometime in your life, offers a powerful perspective on courage, conviction, and standing up for what you believe. The timeless words from the former British Prime Minister remind us why opposition is not always a sign of failure and how having the courage to take a stand can shape a meaningful life.

2 Aug 2026 8:53 pm
Proverb of the day by George Washington, 'True friendship is a plant of slow growth, and must undergo and withstand the shocks of adversity, before it is entitled to the appellation' teaches timeless lesson on real friends in life, office, workplace, loyalty in relationship

George Washington's timeless proverb offers a simple reminder for modern life: do not judge friendship by how quickly it begins. Give meaningful relationships time to develop, care for them consistently, and recognize that adversity can reveal their true strength. The best friendships are not simply foundthey are cultivated, tested, and strengthened over time.

2 Aug 2026 8:49 pm
In 1971, one tiny chip invented by an Italian American Physicist started the technology revolution behind today's AI, phones and PCs

The Federico Faggin story begins with a chip smaller than a fingernail but powerful enough to reshape modern life. In 1971, the Intel 4004 became the world's first commercial microprocessor, launching today's computer age. Hidden inside its circuits are Faggin's tiny F.F. initials, a lasting mark of engineering history. His breakthrough in silicon-gate MOS technology also became the foundation of modern processors.

2 Aug 2026 8:47 pm
Actor who starred in 170 films, once owned a house in Poes Garden, now lives in an old-age home without any source of inome; superstar Rajinikanth steps in with Rs 1 lakh

Veteran actor Mohan Sharma now resides in an old-age home after a fall from stardom. He once owned property in Chennai but lost it due to family issues. Superstar Rajinikanth provided financial assistance of one lakh rupees to Sharma. This help has been a significant relief for the actor's medical needs. Sharma appeals to the film industry for satellite rights of his film Namma Gramam.

2 Aug 2026 8:40 pm
Gold medalist Jaismine Lamboria to be Indias flag-bearer at Glasgow CWG 2026 closing ceremony

Jaismine Lamboria will carry India's flag at the Commonwealth Games closing ceremony. She is a two-time world medalist and reigning champion in boxing. India will host the next Commonwealth Games in Ahmedabad in the year 2030. The handover segment will showcase India's rich culture and core values. This event highlights the connection of Commonwealth countries through a three-act presentation.

2 Aug 2026 8:32 pm
Inside Jeff Bezos and Mark Zuckerberg's 'Billionaire Bunker' in Miami's Indian Creek Island

Indian Creek Island, known as the Billionaire Bunker, offers extreme privacy for the wealthy. This exclusive enclave features limited homes and a private security force. Tech titans Jeff Bezos and Mark Zuckerberg own properties there. South Florida's luxury market attracts wealthy buyers seeking tax advantages. Scarcity, security, and discretion make it a premier global address.

2 Aug 2026 8:22 pm
Israeli strikes kill 15 in Gaza, minister says no deal to halt attacks

Israeli airstrikes killed at least thirteen Palestinians in Gaza on Sunday. This occurred despite President Donald Trump announcing a breakthrough in ceasefire efforts. Israeli officials expressed skepticism about Hamas disarming, while Hamas accused Israel of escalating attacks. The roadmap for implementing the agreement requires Israel to halt attacks and withdraw troops.

2 Aug 2026 8:21 pm
Skit on Ram temple hurt Hindu sentiments: BJP, VHP; Pappu Yadav says protested to 'protect Sanatan'

The BJP and VHP have taken a strong stance against Rahul Gandhi and Pappu Yadav, accusing them of disrespecting Hindu sentiments through a dramatic demonstration in Parliament about supposed embezzlement related to Ram temple donations.

2 Aug 2026 8:15 pm
Life Lesson quote by Margaret Thatcher, 'What is success? I think it is a mixture of having a flair for the thing that you are doing; knowing that it is not enough, that you have got to have hard work and a certain sense of purpose' teaches life advice about talent, hard work, balance, purpose, discipline, positivity in life

Quote of the day by Margaret Thatcher offers a practical formula for achievement: recognize your strengths, develop them through hard work, and connect them to a meaningful purpose. None of these elements needs to exist in perfect form at the beginning. Talent can be developed. Discipline can be learned. Purpose can become clearer through experience.

2 Aug 2026 8:11 pm