The Economic Times News

The Indian Air Force is ready to face any enemy. Air Chief Marshal A P Singh stated this during Vijay Diwas celebrations. He highlighted the IAF's continuous improvement based on past experiences. The 1971 war victory was remembered, emphasizing jointmanship between the Army and Air Force. The IAF is training and equipping itself based on these lessons.

Jen Shah, the former Real Housewives of Salt Lake City icon, has been granted early release after serving almost three years for her involvement in a national telemarketing wire-fraud scheme that targeted elderly victims. Federal authorities confirmed that she was transferred on December 10, 2025, to community confinement under the Phoenix Residential Reentry Management Office.

China may limit access to Nvidia H200 chips despite Trump approving exports. Beijing held emergency talks with Alibaba, ByteDance, and Tencent to gauge demand. Companies may need approval and must explain why local chips cant meet needs. H200 chips outperform domestic alternatives, driving critical AI workloads. Chinas drive for semiconductor independenceanchored in Made in China 2025 and the 14th Five-Year Plantargets 70% domestic chip production by 2025.

The Apple TV+ comedy Loot, starring Maya Rudolph, wrapped its third season with a finale that sparked one key question among viewers: Is Loot Season 4 on the way? Here is the latest update on the show

UK companies are significantly expanding their presence in India, with a collective turnover of Rs 5,693 billion and 552,902 employees. The Free Trade Agreement is expected to unlock further growth across advanced manufacturing, clean energy, and digital trade, fostering innovation and job creation for both economies.

President Trump's accusations of India dumping rice in the U.S. market appear politically motivated, aimed at appeasing American farmers hurt by his tariff wars. Despite the trade's small scale, the move signals pressure to address rural discontent ahead of crucial elections.

Union Budget 2026: Finance Minister Nirmala Sitharaman will present the Union Budget for FY 2026-27 on February 1, 2026. Ahead of this, understanding key budget terms like Annual Financial Statement, Fiscal Deficit, and Revenue Expenditure is crucial for grasping the government's financial blueprint and economic strategy.

Nobel laureates in medicine, physics, chemistry, literature and economics are receiving their prizes at a separate ceremony in Stockholm on Wednesday.

US stock market today: Dow, S&P 500, Nasdaq on pause as all eyes on Fed verdict a likely rate cut: Stocks paused today as the Dow hit 47,655.93. The S&P 500 inched to 6,841.36. The Nasdaq slipped to 23,527.45. Markets priced a 90% chance of a Fed rate cut. Intel fell 2.48%. Silver topped $60. Investors now wait for Powells verdict and the real move that follows.

Sophie Kinsella, the famous author of the Shopaholic books, has died at 55 after battling brain cancer. She was loved for her fun stories and her bestselling novels that reached readers around the world. Her family shared the news with fans, remembering her strength, joy, and huge impact on modern fiction.

The title track of the Indian film Dhurandhar has gone viral beyond its home country, with a choreographed wedding dance performance set to the song emerging from Pakistan. The video, posted on Instagram, showcases a synchronized group dance, highlighting the song's widespread popularity. Dhurandhar, a spy thriller, has garnered significant attention for its star cast and compelling narrative.

A federal judge has blocked President Trump's deployment of National Guard troops to Los Angeles, ordering their return to the governor's control. The judge rejected the administration's claim that protests against immigration authorities constituted a rebellion justifying federal takeover of state National Guard units.

Assam inaugurated a memorial for 860 martyrs of the Assam Agitation. Prime Minister Narendra Modi honored those who participated in the Assam Movement, recognizing their significant contribution to India's history. Union Home Minister Amit Shah also remembered the sacrifices made. The new memorial, built at a cost of Rs 178 crore, features statues and other facilities.

Dr. Shubham Vatsya advises intentional fruit consumption for health. Papaya and kiwi aid constipation. Berries and papaya benefit acne-prone skin. Bananas offer quick energy. Watermelon and oranges help regulate blood pressure. Guava is rich in Vitamin C and antioxidants. Amla is a superfood providing daily Vitamin C and stabilizing blood sugar. Eat fruits with intention for better results.

California is introducing strict rules to restrict cellphone use in schools. Governor Gavin Newsom has approved legislation mandating all school districts to formulate a plan, either ban or limit student phone use on campus by July 2026. Schools must create, adopt, and update policies every five years. Some districts, like San Diego Unified, have already launched Phone-Free School Day Policies.

Lok Sabha Leader of Opposition Rahul Gandhi stated Union Home Minister Amit Shah provided a defensive response to his questions on electoral reforms. Gandhi claimed Shah did not address concerns regarding transparent voter lists, EVM architecture, and alleged BJP leader voting. Opposition MPs staged a walkout following Shah's reply.

Political parties' booth-level agents will receive lists of deceased and relocated voters before draft electoral rolls are published. This initiative, part of a Special Intensive Revision exercise in 12 states and UTs, aims to ensure accuracy. The draft rolls are set for release on December 16.

The Centre refuted allegations of discrimination in granting permanent commission to Short Service Commission women officers in the Indian Air Force, stating 243 men and 177 women were inducted since 2019. The IAF now inducts women through NDA, granting them permanent commission upon successful training, refuting claims of unfair consideration.

India and the US are holding trade talks in New Delhi. US Trade Representative Jamieson Greer noted India's best-ever offers for a trade agreement. Both nations aim to finalize a mutually beneficial pact. This is crucial as the US has imposed steep tariffs on Indian goods. Negotiations are progressing towards a bilateral trade agreement.

Adobe is integrating Photoshop, Adobe Express, and Acrobat into ChatGPT, enabling users to edit images, design graphics, and manage PDFs directly within the chatbot. This move aims to simplify creative tasks and expand Adobe's reach to ChatGPT's vast user base, adapting to the growing demand for conversational AI tools in design.

Delhi authorities are ordering fire safety checks for restaurants, hotels, and clubs. This action follows a fatal fire in Goa. Inspections will focus on public assembly premises. The upcoming Christmas and New Year celebrations increase the risk. Establishments must comply with fire safety rules. Action will be taken against those violating standards. Owners share responsibility for safety measures.

Schools across India face potential closures on December 11, 2025. Kerala announces a holiday for local body elections. Telangana anticipates school closures due to panchayat polls. Coastal regions like Tamil Nadu and Puducherry may see local decisions based on weather. Jammu and Kashmir's hilly areas are already closed due to winter conditions. Parents should check for state and district-specific updates.

JP Morgan is making a historic silver bet. The bank now holds over 750 million ounces of physical silver, adding 21 million ounces in six weeks. It exited 200-million-ounce paper shorts, leaving zero short contracts for the first time. Physical supply is tightening as the U.S. Mint reports coin shortages. COMEX open interest is 244% of registered silver, lease rates near 30%, and 169 million ounces moved to non-deliverable vaults.

Author Sophie Kinsella, known for Confessions of a Shopaholic, has passed away. She was 55 and had been battling brain cancer. Kinsella's family announced her peaceful death, remembering her radiance and love for life. Her Shopaholic series sold millions worldwide and was adapted into a popular film. She also wrote under her real name, Madeleine Wickham.

Erika Kirk is getting strong financial support after Charlie Kirks death. She now leads TPUSA and is receiving large donations and steady income from Charlies past work. Reports say she and her children are well protected for the future. The story also shares how Erika is coping and remembering her husband with love.

Marilyn Monroes life, legacy, and cultural influence continue to shape modern discussions on confidence, womanhood, and self-belief decades after her passing. Her words, echoed in classrooms, workplaces, cultural forums, and across social media, stand as enduring reminders of the unwavering spirit she brought to her craft and public life.

NASAs Hubble Space Telescope has observed the interstellar comet 3I/ATLAS once more as it races through space toward a close approach to Earth in December. Initially captured in July 2025, the comet arrives from outside our solar system, navigating at approximately 137,000 miles per hour along a hyperbolic path that will carry it back into interstellar space.

Owners of Goa's Birch by Romeo Lane nightclub, Saurabh and Gaurav Luthra, allegedly booked flight tickets to Thailand while firefighters battled a blaze that claimed 25 lives. A Delhi court declined their interim protection request. Interpol issued a Blue Corner Notice for the brothers who had flown to Phuket. Another co-owner, Ajay Gupta, was detained.

December 11th marks significant historical moments, including Germany and Italy declaring war on the U.S. in 1941 and the founding of UNICEF in 1946. The date also saw the last human moon landing with Apollo 17 in 1972 and the U.S. providing its first direct military support to South Vietnam in 1961.

U.S. Fed interest rate cut time: Federal Reserve's 19-member rate-setting committee is deeply divided between those who support reducing rates to bolster hiring and those who'd prefer to keep rates unchanged because inflation remains above the central bank's 2 per cent target.

The Delhi High Court has questioned the central government regarding the IndiGo flight cancellation crisis. Lakhs of passengers were stranded as the airline failed to adhere to pilot rest rules. The court also raised concerns about other airlines charging exorbitant fares during this period.

A social media spat ignites between Dr Pal and The Liver Doc. The argument centers on advice about ultra-processed foods. Dr Pal's humorous warning about popcorn and nuggets sparks criticism. He defends his communication style, emphasizing simple explanations for public health. The Liver Doc advocates against food phobia. Both doctors aim to educate the public.

SpaceX IPO 2026 is shaping up to be the biggest in history, targeting a $1.5 trillion valuation and a record $30 billion raise. SpaceX now controls 65% of all satellites, with 7,600 in orbit and 8.5 million Starlink users set to cross 10 million by IPO. The company is shifting from rockets to orbital infrastructure, including future space-based AI data centers.

Venezuelan opposition leader Maria Corina Machado's daughter accepted her Nobel Peace Prize. Machado could not attend the ceremony as she is in hiding. She expressed gratitude for the recognition of the Venezuelan people. Several Latin American leaders showed solidarity. Machado was awarded for her fight for democracy in Venezuela.

Christmas 2025 is gaining attention for its rare numerical sequence: 25/12/25, a date combination that occurs only once in a century. The previous time Christmas fell on this exact alignment was in 1925, and it wont repeat until 2125. The repeating 25 pattern has ignited curiosity among numerology fans, calendar enthusiasts, and social-media users who enjoy unique date coincidences.

The U.S. is seeing very high layoffs in 2025 as companies cut workers more often and in smaller waves. Experts say many businesses are using automation, saving costs, and hiring less. Rich households are still spending, but many workers feel stressed about fewer jobs and slow hiring. This mix is creating worry about job security across the country.

The New York Times ever-growing catalogue of digital puzzles continues to attract a widening audience, and todays edition of Strands once again captured the interest of word-game enthusiasts around the world.

The UP Police Recruitment Board has released written exam results for 2025 direct recruitment. Candidates for Computer Operator, Police Sub-Inspector Confidential, and Police Assistant Sub-Inspector Ministerial and Accounts can check their scores online. Those who passed the written test will now undergo document verification and a physical standard test.

The Bombay High Court questioned the police regarding the investigation into a land deal involving Parth Pawar, son of Deputy Chief Minister Ajit Pawar. The court asked if the police were protecting Pawar by not naming him in the FIR. A businesswoman accused in the case filed a pre-arrest bail plea. The land deal involved 40 acres in Pune.