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The Economic Times

Top News / The Economic Times

RBI proposes to include PSUs in upper-layer NBFCs

As per the draft 'Reserve Bank of India (Non-Banking Financial Companies' Registration, Exemptions and Framework for Scale Based Regulation) Second Amendment Directions, 2026', upper layer NBFCs will be those having assets of over Rs 1 lakh crore.

10 Apr 2026 7:07 pm
West Asia crisis: Government plans weekly monitoring of EXIM flows

India's commerce ministry will launch a weekly system to monitor export-import trends and industry stress. This move addresses concerns over supply chain disruptions and rising costs impacting sectors like apparel and medical devices. Discussions also focused on packaging material challenges and the need for critical input availability. Ports are directed to enhance transparency and efficiency to support trade.

10 Apr 2026 7:07 pm
Oracle cuts 700 jobs in first wave fears grow of massive layoffs that could hit 30,000

Oracle Layoffs Explained: Oracle is initiating significant job cuts. Hundreds of employees in California and Seattle face layoffs. Analysts suggest these reductions are part of a larger restructuring to finance artificial intelligence projects. This move comes as the tech industry experiences widespread job losses. Other major tech firms are also reducing their workforce.

10 Apr 2026 6:53 pm
Taylor Swift and Travis Kelce wedding leak? Date and venue revealed as Save-the-Dates go out

Taylor Swift and Travis Kelce are reportedly planning a summer wedding in New York City, with save-the-dates already sent out for July 3. This move shifts from earlier Rhode Island speculation, with the couple opting for a larger celebration in the city that holds deep personal and professional significance for Swift.

10 Apr 2026 6:51 pm
What time is splashdown for Artemis II? Here's when NASA astronauts will return to Earth - All about the most dangerous 13 minutes of the mission during fiery Earth reentry

Artemis 2 Live Return: NASA Moon Mission Splashdown Update: NASA Artemis 2 astronauts are returning after historic lunar flyby around the Moon. The Orion spacecraft named Integrity by its crew is set to splash down in the Pacific Ocean off the coast of San Diego on April 10, 2026, at approximately 8:07 p.m. ET. Mission control monitors critical reentry as Artemis 2 prepares intense atmospheric heat shield test. The crew continues deep space operations inside Orion during final hours before lan

10 Apr 2026 6:49 pm
Russia's AK-47 maker unveils special bullets designed to take down drones mid-air

Russia is developing new anti-drone bullets to help soldiers shoot down small flying drones. The rounds break into fragments to improve accuracy in the air. Ukraine and Western countries are also working on similar technology. Military experts say growing drone use in wars is pushing defense companies to create new weapons that can stop drones faster and more effectively.

10 Apr 2026 6:48 pm
Quote of the day Marilyn Monroe: 'Career is wonderful, but you cant...' Life lessons on career, hard work & balance from one of the most iconic actresses of 20th century

Quote of the day by Marilyn Monroe: Marilyn Monroes philosophy reflects widely documented themes from her interviews and writings, focusing on fame, loneliness, emotional balance, and self-worth. Her reflections highlight the importance of balancing career success with personal happiness, relationships, and inner peace, making her ideas timeless in discussions on life, work-life balance, and emotional well-being.

10 Apr 2026 6:42 pm
Cameron DiazKeanu Reeves: Did they ever date? Inside their relationship as they reunite after 30 years

The enduring speculation around Diaz and Reeves relationship can largely be attributed to their chemistry and occasional public appearances together. Both actors have had high-profile relationships with other celebrities over the years, but their interactions have often been interpreted through a romantic lens.

10 Apr 2026 6:42 pm
5 soya chunks recipes: Tasty protein-rich ideas to boost your daily intake

Soya chunks recipes are easy, affordable, and protein-rich vegetarian meal options that help boost daily protein intake naturally. From curry and stir fry to pulao, masala fry, and bhurji, these healthy soya chunks recipes are perfect for weight loss, fitness diets, and everyday home cooking. Packed with plant-based protein, soya chunks are ideal for high-protein vegetarian meals and quick Indian recipes that are both nutritious and delicious.

10 Apr 2026 6:29 pm
US consumer prices surge as expected in March; rise 3.3% year-on-year amid Iran war

American consumer prices saw their biggest jump in nearly four years in March. This surge was driven by higher oil prices and ongoing tariff impacts. The situation makes it less likely for interest rates to be cut this year. Consumers are facing affordability challenges as gasoline prices climb. This inflation trend is closely watched by the U.S. central bank.

10 Apr 2026 6:16 pm
IRS tax refund 2026 crisis: Why millions of Americans owe the IRS despite bigger refunds and what to do before April 15

Over 62 million refunds are already issued in the IRS tax refund season. The average payout is about $3,521. That is over 11% higher than last year. Still, millions of Americans owe the IRS before April 15. This IRS tax refund trend shows a clear mismatch. Many workers changed W-4 settings. Gig workers missed estimated tax payments. New tax rules shifted credits and deductions. Some taxpayers overpaid. Others underpaid badly. The result is confusion and surprise tax bills. File your return on ti

10 Apr 2026 6:12 pm
Quote of the day by Robert Greene: 'Never discriminate as to whom you study and whom you trust...' - lessons on trust, emotional intelligence, relationships and human behaviour by The 48 Laws of Power and Art of Seduction author

Quote of the day by Robert Greene: The author of bestsellers like 'The 48 Laws of Power', shares a profound quote on trust. He urges readers to study everyone, including friends and loved ones, while never trusting anyone completely. This approach fosters deeper understanding of human behaviour and strengthens relationships through balanced observation and caution.

10 Apr 2026 6:08 pm
IPL 2026: How Mukul Choudharys father almost faced jail time, sold house to help sons cricket journey

Mukul Choudhary's IPL success highlights his father's sacrifices. Dalip Choudhary sold their house and faced jail to fund his son's cricket. Mukul's dedication led to a match-winning performance. He promised to repay loans. His journey showcases belief and resilience. This is a story of a father's gamble and a son's fulfillment.

10 Apr 2026 5:56 pm
Tax deadline 2026: IRS warns mail delays could make returns late

Tax season 2026 is ending soon, and many people still need to file. The April 15 deadline is important to avoid penalties. Mail delays could affect paper returns, so early filing is safer. Some taxpayers may get refunds, while others must pay taxes on time. Checking refund status online is possible. Filing early or e-filing can help avoid problems and delays.

10 Apr 2026 5:55 pm
How Iran is using bitcoin as gate pass for Hormuz

Iran is considering digital currency payments, potentially Bitcoin or stablecoins, for vessels transiting the Strait of Hormuz as a sanctions evasion tactic. While crypto market participants deem this unworkable through legitimate channels, the proposal underscores a broader, harder-to-curb sanctions-evasion network.

10 Apr 2026 5:54 pm
'Let me make this more real....': Anaheez Patel replies to Nikhil Kamath viral video

Anaheez Patel addressed her viral exchange with Nikhil Kamath on LinkedIn, describing the aftermath as 72 hours of breaking the internet in India. She emphasized her family's strong belief in education and her personal experiences witnessing its transformative power, particularly for those from less privileged backgrounds.

10 Apr 2026 5:49 pm
Aurora watch! 10 states may see Northern Lights light up skies tonighthere's when to look up

Northern lights may be visible across up to 10 northern U.S. states and Canada on Friday, April 10, into Saturday, April 11, due to a G1-class geomagnetic storm. This event is linked to a fast-moving solar wind stream. Aurora-chasers should seek dark skies away from urban light pollution for the best viewing experience.

10 Apr 2026 5:48 pm
Six dead, several missing after tourist boat capsizes in Yamuna in Mathura

A tourist boat capsized in the Yamuna river in Mathura. Six people have died. Several others are missing. Rescue operations are underway. The National Disaster Response Force and local authorities are at the scene. The cause of the incident is not yet known. More details are expected.

10 Apr 2026 5:23 pm
BET Season 2 set for June production start: When will new episodes of the teen thriller drop on Netflix?

BET Season 2: Created by Simon Barry, the series is an English-language adaptation of the Japanese manga Kakegurui. It centers on Yumeko, a mysterious gambler who navigates the power structure of Saint Dominics elite school.

10 Apr 2026 5:22 pm
Gold moves ahead of U.S. Treasuries after three decades: Why is gold overtaking U.S. Treasuries as top reserve asset is this the start of de-dollarization or just a reserve shift?

Gold moves ahead of U.S. Treasuries after three decadesand the numbers explain why. Central banks now hold nearly $4 trillion in gold, slightly above ~$3.9 trillion in U.S. Treasuries. This sharp shift marks the first crossover since the 1990s. Gold overtakes U.S. Treasuries as rising prices and record buying reshape global reserves. Treasuries once dominated with a 33% share in 2015. That has now dropped near 21%. Gold climbed from 5% to around 24%. Countries are reducing reliance on U.S. debt.

10 Apr 2026 5:21 pm
West Bengal polls 2026: Murshidabad sees highest voter deletions in Bengal roll revision; tribal belt reports lowest

West Bengal's voter rolls saw significant deletions. Shamsherganj and Lalgola in Murshidabad district reported the most removals. Purulia and Jhargram had the fewest. Electoral rolls are now frozen for upcoming elections. The Chief Minister alleged targeted exclusions. Affected voters are seeking legal recourse to restore their names.

10 Apr 2026 5:16 pm
Passport renewal cant be blocked on suspicion, it's a legal right: High Court

Passport holders facing legal issues have received significant relief. The Allahabad High Court has ruled that authorities cannot deny passport renewal based on mere suspicion. The court overturned a lower court's order, directing officials to renew an applicant's passport without delay. This judgment clarifies that procedural rights like passport renewal are not automatically suspended due to legal proceedings.

10 Apr 2026 5:13 pm
2.22 lakh appeals disposed of during last fiscal: CBDT chairman

Last fiscal year, the Income Tax Department successfully resolved an impressive 222,000 appeals, showcasing a remarkable 29% growth in efficiency. This success underlines their dedication to minimizing taxpayer disputes. Additionally, they handled a plethora of complaints and applications, resulting in a significant decrease in pending tax demands.

10 Apr 2026 5:10 pm
CDS Anil Chauhan underscores need to make armed forces integrated, tech-driven

Chief of Defence Staff General Anil Chauhan stressed the urgent need for India's armed forces to become integrated and technologically advanced. Modern warfare is rapidly evolving beyond traditional boundaries. Multi-Domain Operations are a new reality driven by AI and data analytics. The focus is on faster decision-making and operational superiority.

10 Apr 2026 5:09 pm
Tamil Nadu Assembly elections 2026: NTKs Seeman rejects freebies, positions self as Tamil nationalist alternative

Naam Tamilar Katchi leader Seeman offers a different political path in Tamil Nadu. He rejects welfare freebies, advocating for Tamil governance. Despite no electoral seats, his party's vote share grows. Seeman's fiery speeches and focus on Tamil identity draw crowds. He fields candidates independently, emphasizing his unique ideology. NTK's rising influence makes him a notable political force.

10 Apr 2026 5:07 pm
Israel, Iran war: India says deeply concerned by reports of civilian casualties in Lebanon

India is deeply concerned by reports of civilian casualties in Lebanon. This comes after Israel's significant bombardment in its war with Lebanon. India has always prioritized civilian protection and adherence to international law. India and Israel share close ties. Israeli strikes are straining a fragile ceasefire between Washington and Tehran as they prepare for talks.

10 Apr 2026 4:56 pm
Pixel 10 under Rs 55,000? Here is how the Flipkart discount works for iPhone rival premium phone

Grab a premium Google Pixel 10 for a steal! Flipkart is slashing prices to an effective Rs 55,000 with bank and exchange offers. This flagship, boasting 12GB RAM, a powerful Tensor G5 chip, and a versatile triple camera, is now within reach. Don't miss this chance for a top-tier device at an unbelievable price.

10 Apr 2026 4:54 pm
By the numbers: US thrashed military targets in Iran, but some capabilities remain

US officials claim significant damage to Iran's military, stating over 13,000 targets were hit, including 80% of air defenses and 90% of naval assets. Despite assertions of Iran's capacity being 'wiped out,' independent data suggests strikes continued. Iran's ability to shoot down a US jet highlights lingering capabilities, even as weapons factories and nuclear facilities faced attacks.

10 Apr 2026 4:52 pm
Is Anthropic's Mythos model the most capable AI yet, what is Capybara, and why is this powerful system considered too dangerous to go public over advanced hacking risks?

Is Anthropic Mythos model the most capable AI yet? A powerful new AI has triggered global concern. Anthropic says its Mythos system has already found thousands of critical software vulnerabilities. This includes flaws across major operating systems and web browsers. The Anthropic Mythos model too dangerous debate is now trending across cybersecurity and AI search queries. The model can not only detect bugs but also build working exploits fast. Even non-experts can use it effectively. That change

10 Apr 2026 4:47 pm
What Being Laid Off Feels Like in the First 24 Hours After It Happens

A layoff announcement can be brief, but its impact is profound. The initial hours bring disorientation and a slow realization of the situation. Interactions with colleagues shape perception. Internal thoughts cycle through reflection and assumption. The first night brings restless sleep and unanswered questions. Emotions are not immediate but emerge gradually over the first day.

10 Apr 2026 4:34 pm
IAF calls for multi-domain operations to tackle evolving warfare, stresses integration across cyber, space and cognitive domains

Top Indian Air Force officers stressed the urgent need for multi-domain operations to counter modern warfare's evolving nature. The 'Ran Samvad-2026' seminar highlighted seamless integration across traditional, cyber, space, and cognitive domains. This strategic shift, driven by technology and AI, aims for speed, tempo, and synergy to ensure national security and operational effectiveness.

10 Apr 2026 4:34 pm
Trump cannot let Netanyahu pull him into renewed Iran war

Israeli Prime Minister Netanyahu's reliance on military force to counter Iran and Hezbollah is questioned, drawing parallels to Eisenhower's warnings against seeking absolute security through war. Despite a US-Iran ceasefire, Israel's continued strikes in Lebanon risk derailing diplomatic efforts and escalating conflict, highlighting the limitations of military solutions.

10 Apr 2026 4:29 pm
TotalEnergies shuts Saudi refinery after damage from Middle East attacks

French energy giant TotalEnergies said Friday that it had shut down a major refinery on the eastern Gulf coast of Saudi Arabia after it was damaged during the Middle East war. The Saudi energy ministry had announced Thursday multiple attacks recently on its oil and gas sites, including the SATORP refinery, a joint venture owned by TotalEnergies and the Saudi state-owned Aramco group.

10 Apr 2026 4:22 pm
From 40 LPA to Rapido Driver: Techie who bought 1.4 crore flat in 2024 now struggles to pay 95,000 EMI after layoff. Watch

A former tech professional, once earning 40 lakh annually, now drives a bike taxi to manage a 95,000 monthly home loan EMI after losing his job. His 1.4 crore flat, bought with confidence in his stable income, has become a source of immense stress. This stark reality highlights the vulnerability of professionals facing sudden job disruptions.

10 Apr 2026 4:21 pm
Delhi Police warns ISI spreading network in India, nabs 11 for installing CCTV cameras at sensitive military locations

Delhi Police busted an inter-state terror, arms, and espionage module backed by Pakistan's ISI. The operation uncovered a solar-powered CCTV surveillance network near military locations in Punjab and Rajasthan, leading to 11 arrests and exposing a conspiracy linked to Babbar Khalsa International. The module was involved in espionage, arms smuggling, and reconnaissance of critical defense installations.

10 Apr 2026 4:17 pm
West Bengal polls: 97-year-old refugee, retired teacher among those deleted from voter list

West Bengal is witnessing the fallout of the NRC-like exercise, with long-term residents and even Partition refugees being struck off voter rolls. Despite submitting extensive documentation, individuals like Subarna Bala Poddar and S Asraful Haque have lost their voting rights. The stressful process has led to tragic consequences, including a man's death while seeking to appeal his deletion.

10 Apr 2026 4:15 pm
ADB raises Indias FY27 growth forecast to 6.9%

India's economic growth forecast for FY27 has been raised to 6.9 percent by the Asian Development Bank. This upward revision is driven by increasing consumption, higher investment, supportive government policies, and recent trade pacts. While FY26 is projected at 7.6 percent, FY27 anticipates a moderation due to global uncertainties. The outlook for FY28 is a robust 7.

10 Apr 2026 4:05 pm
Word of the Day: Incommensurable

Incommensurable is a word that captures the boundaries of comparison, where differences are not just large, but fundamentally irreconcilable. Whether in academic analysis, philosophical debate or literary expression, it provides a precise and elegant way to articulate complexity.

10 Apr 2026 4:05 pm
IUML deserves deputy CM post but won't stake claim: Thangal

IUML leader Sayyid Munavvar Ali Shihab Thangal stated that while the party deserves the deputy chief minister's post, they will not claim it if the UDF wins in Kerala. He also denied allegations of candidates seeking votes on religious lines, asserting that minorities trust the UDF for protection.

10 Apr 2026 4:01 pm
Sauce that may be costing lives sold at just Rs 20/litre to vendors: UP food raid seizes over 200 litres of contaminated stock

A food safety raid in Hapurs Pannapuri led to the sealing of a food manufacturing unit found producing adulterated tomato sauce using vegetable pulp, acid, and banned synthetic colours in unhygienic conditions. The Hapur food safety department raid uncovered around 200 litres of unsafe sauce allegedly sold to local eateries and street vendors at low prices.

10 Apr 2026 3:55 pm
US trade court weighs legality of Trump 10% global tariff

A U.S. trade court will review a 10% global import tax enacted by the Trump administration. Several states and small businesses argue this tax, imposed under the Trade Act of 1974, illegally bypasses a Supreme Court ruling that limited presidential tariff authority. The administration defends the tariffs as a response to trade deficits.

10 Apr 2026 3:53 pm
India-Japan discuss West Asia conflict, Strait of Hormuz in call between EAM Jaishankar, FM Motegi

India and Japan leaders spoke about West Asia and shipping safety. They welcomed a US-Iran announcement. Both nations will work together for de-escalation and energy security. This call follows a recent ceasefire impacting the region. Closer coordination is planned to ensure stability.

10 Apr 2026 3:51 pm