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The Latest Breaking News from The Economic Times

Scoop to soup: FDA freezes licence of Mumbai's iconic ice cream outlet after rats found on premises

During a surprise inspection at the popular outlet, FDA reported severe sanitation lapses, including the presence of live rats and flies on the premises, said the regulatory authority in a statement.

The Economic Times

Sow seeds for smart farming as the next revolution might not be just about higher yields

India is strengthening agricultural climate resilience using data and technology. Digital public goods like DiCRA aid vulnerability assessments and planning. Financial protection systems and private sector engagement translate data into farmer actions. Ecosystem restoration offers natural buffers and supports livelihoods for many people. Integrating these efforts is crucial for future…

The Economic Times

Devil is in the footnotes: RBI's Financial Stability Report is transparent, yet leaves some key questions unanswered

The RBI's latest financial stability report highlights a noteworthy level of transparency regarding significant economic metrics. There’s an uptick in household debt primarily fueled by consumption, contributing to nearly half of the total rise. While bad loans are generally low, certain sectors face increased default rates. Growth in gold lending…

The Economic Times

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Can India's colonial-era state power an AI-driven economy?

India's state structure, designed for control, faces challenges in the current dynamic technological era. Prime Minister Modi's government has improved welfare delivery and infrastructure development significantly. However, future progress requires greater state risk-taking and unleashing entrepreneurial capabilities. Industrial policy's comeback necessitates substantial financial support and performance-based promotion for firms. Adapting…

The Economic Times

Football: Chelsea sign 19-year-old winger Geovany Quenda from Sporting Lisbon

Chelsea has signed Portuguese winger Geovany Quenda from Sporting Lisbon. The 19-year-old agreed to a contract until 2034 with the club. Quenda achieved a domestic double with Sporting last season and received an award. He became Sporting's youngest goalscorer and a Champions League scorer. Quenda also represented Portugal at the…

The Economic Times

Muslim personal law recognising puberty as age of marriage violates POCSO Act, PCMA: Allahabad HC

A bench of justices JJ Munir and Achal Sachdev observed that the age of marriage for every citizen of the country irrespective of religion is same as has been spelt out by the PCMA. The bench made these observations while dismissing a writ petition filed by Rubi and 18 others…

The Economic Times

Federal Judge rejects Kalshi bid to block New York gambling enforcement law

In a decision on Tuesday, US District Judge Analisa Torres in Manhattan said Kalshi did not deserve a preliminary injunction, because the ‌federal Commodity ⁠Exchange Act ⁠did not supersede New York's gambling laws as applied to Kalshi's sports-event contracts.

The Economic Times

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Govt seeks proposals for coal gasification projects under Rs 37,500-cr incentive scheme

The incentive, launched in May this year, is aimed at promoting surface coal/lignite gasification for the production of syngas and downstream value-added products such as synthetic natural gas (SNG), urea, ammonium nitrate, methanol, DME and other chemicals, thereby enhancing the country's energy security, reducing import dependence, and facilitating utilisation of…

The Economic Times

Govt seeks proposals for coal gasification projects under Rs 37,500-cr incentive scheme

The Economic Times

BofA extends first $520 million loan to OpenAI ahead of IPO

The loan makes BofA one of OpenAI's largest lenders and bolsters its credentials as a market leader ‌in AI-related capital ⁠markets ⁠financing, the source said, requesting anonymity to discuss confidential information.

The Economic Times

iPhone 18 Pro Max: Launch date, design, camera upgrades, AI features & everything Apple could unveil

iPhone 18 Pro Max: Apple is expected to unveil the iPhone 18 Pro and iPhone 18 Pro Max in September 2026. According to reports, the devices are likely to feature Apple's new A20 chip, offering faster performance and improved power efficiency. Significant camera upgrades are also expected, including enhancements to…

The Economic Times

FBI probing Argentine Football Association's finances in US over alleged money laundering concerns

FBI agents are investigating the Argentine Football Association's finances in the United States. The probe focuses on alleged money laundering concerns and financial dealings. Investigators are gathering testimonies from individuals with direct knowledge of operations. This investigation reportedly began taking shape during 2025. Separately, controversy surrounds a World Cup match…

The Economic Times

Japanese mindset of the day by Kenzaburō Ōe: 'Once a person has been poisoned by self-deception, he can't make decisions about...' - thought-provoking lesson by Nobel Prize-winning author of A Personal Matter reveals the hidden habit that could be ruining your life

Life lesson by Kenzaburō Ōe: Nobel laureate Kenzaburo Oe highlighted self-deception's impact on decision-making. He believed personal biases hinder clear judgment and wise life choices. Honest self-reflection allows individuals to learn from mistakes and grow. This quote encourages sincerity and understanding one's true self.

The Economic Times

India could become potential partner in infra development in South Africa: Consul General

Indian companies are set to partner in South Africa's infrastructure development projects. South Africa seeks to modernize its rail and logistics ecosystem with Indian expertise. Indian firms offer affordable and reliable solutions backed by extensive experience. The Africa Rail Expo facilitated discussions and potential business collaborations. This engagement aims to…

The Economic Times

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The Economic Times

Wayanad landslide: Priority to searching for missing persons, says Kerala CM

Kerala Chief Minister V D Satheesan visited the Wayanad landslide-affected area. Search operations for five missing persons continue amid continuous rainfall and a red alert. Injured individuals are receiving hospital care, and displaced people are in relief camps. Two committees will study the disaster's causes and project compliance. Tunnel project…

The Economic Times

Weather Tomorrow (July 9): IMD says monsoon to cover entire India soon; Heavy rain alert for Maharashtra, Karnataka, Punjab, Haryana, Uttarakhand & more. Check full advisory

IMD weather tomorrow July 9: The India Meteorological Department (IMD) has forecast heavy rainfall, thunderstorms and gusty winds across several parts of the country on July 9. Conditions remain favourable for the southwest monsoon to advance over the remaining parts of north India, completing its coverage of the entire country…

The Economic Times

Quote of the Day by Agatha Christie: “A mother's love for her child is like… – Inspiring lessons on parenting, sacrifice, protection and why home is where love begins by the legendary mystery writer known for her timeless storytelling and deep insights on human nature and life

Quote of the Day by Agatha Christie: Agatha Christie’s quote, “A mother's love for her child is like nothing else in the world. It knows no law, no pity. It dares all things and crushes down remorselessly all that stands in its path,” explores the unmatched strength, selflessness, and unconditional…

The Economic Times

Lionel Messi headlines 29 players selected to represent MLS vs. LIGA MX in All-Star Game

Lionel Messi was selected for the MLS All-Star Game on July twenty-ninth. He will represent Major League Soccer against LIGA MX All-Stars in Charlotte. Messi has twelve goals and eight assists for Inter Miami CF this season. Thirteen World Cup players are included on the MLS All-Star roster. It remains…

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The Economic Times

Why does your dog press its back against you while sleeping? Is it love, trust, or something more? Experts explain what this comforting habit may really mean

Why does your dog always sleep with its back against you? This common dog sleeping behavior often means more than simple comfort. Veterinary behavior experts say dogs choose trusted people when they feel safe enough to sleep deeply. The habit can reflect emotional bonding, pack instinct, warmth, and security.

The Economic Times

How Iran's 'golden weapon' of Hormuz became a bigger priority than its long-disputed nuclear programme

Iran views control of the Strait of Hormuz as a vital strategic asset. This waterway is now a higher priority than its nuclear program. Recent actions have led to exchanges of fire with the United States. An interim peace deal's wording on the strait remains a point of contention. Iran…

The Economic Times

Trump claims he's Tehran's 'top target' amid renewed Iran conflict

President Trump stated he is Iran's primary target amid escalating tensions. He declared the ceasefire with Tehran effectively over and signaled further strikes. The United States and Iran have been exchanging strikes, intensifying regional hostilities. Commercial shipping in the Strait of Hormuz faces disruptions and oil prices are climbing. This…

The Economic Times

Donald Trump unexpectedly switches back to old Air Force One, sidelining Qatari jet

President Trump will fly to Britain using an older Air Force One aircraft. This decision follows scrutiny over a recently unveiled Boeing 747 gifted by Qatar. The new plane, refitted by L3Harris Technologies, has faced questions about its cost and security. Experts expressed concerns about the rapid upgrades and potential…

The Economic Times

UN launches appeal to raise $296 mn for Venezuela quake relief

The United Nations urgently seeks $296 million for Venezuela earthquake relief operations. Over 3,600 people have died, leaving thousands homeless and many still missing. Donors have already provided $300 million, but a significant funding gap remains. Venezuela's foreign minister requested the release of blocked state assets for recovery efforts. International…

The Economic Times

Chinese Proverb of the Day: 'He who plays the donkey must not be surprised that...'- A timeless lesson on self-respect, boundaries, and what happens if you consistently act like a doormat

A Chinese proverb teaches that allowing others to burden you invites further demands. Kindness without boundaries can lead to people taking advantage of your generosity. Self-respect and setting clear limits are essential for healthy relationships. People learn how to treat you based on your own actions and expectations. Balancing compassion…

The Economic Times

Maharashtra-Karnataka boundary dispute: Govt will try for early hearing in Supreme Court, says Fadnavis

Maharashtra will appoint legal experts for the Karnataka border dispute hearing. The state government will ensure the case is heard in the Supreme Court soon. Efforts will be made to protect Marathi speakers' rights in border areas. Legal assistance and expenses will be provided for court cases in Karnataka. The…

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