The Latest Breaking News from The Economic Times

Punjab anti-drug activist murder: Main accused nabbed from Rajasthan

Ashwani Kumar, the medical store owner, was arrested in Rajasthan after allegedly killing anti-drug activist Parvinder Singh Jhota. Jhota was shot dead in daylight while confronting Kumar over suspected drug sales. The incident occurred during a live Facebook session, drawing significant attention and condemnation. Following the shooting, supporters of Jhota…

The Economic Times · 13m ago

Piyush Goyal meets Rishi Sunak, Czech minister; trade, tech partnerships on agenda

Union Minister Piyush Goyal met with Czech Republic Deputy Prime Minister Karel Havliček to discuss economic cooperation. He also had discussions with former UK Prime Minister Rishi Sunak regarding strengthening India-UK economic ties. The meetings emphasized collaboration in trade, investment, and technology partnerships between the nations involved. Goyal highlighted the…

The Economic Times · 16m ago

India in talks to host Canada PM Carney as Republic Day chief guest, trade pact in focus

India is contemplating a visit by Canadian Prime Minister Mark Carney during the Republic Day celebrations in January. Prime Minister Narendra Modi and Carney discussed the Comprehensive Economic Partnership Agreement during a phone call on Tuesday. The two leaders aim to finalize the CEPA and increase bilateral trade by 2030.…

The Economic Times · 18m ago

Oil Price Today (October 14): Crude oil gains to $107 as Houthis attack Saudi Aramco building in new attacks. What are experts saying?

Brent crude futures rose $1.40, or 1.35%, to $107.35 a barrel, while US West Texas Intermediate (WTI) crude futures gained $1.24, or 1.32%, to $95.38. Brent had fallen 0.9% on Tuesday, while WTI rose 0.4%.

The Economic Times · 34m ago

We are sharing intel with Ukraine: Trump says US helping Kyiv, Moscow to end war

US President Donald Trump stated that intelligence sharing with Ukraine about the ongoing war with Russia continues. He believes both nations desire to conclude the conflict, yet lack a clear path to achieve this. Trump characterized President Putin's interest in negotiations as strong while critiquing Zelenskyy's responses. Additionally, concerns were…

The Economic Times · 34m ago

Gold prices flat as markets await US CPI data

In early Asian trading, gold prices held steady as investors awaited crucial US consumer price data, which could affect future Federal Reserve decisions. New York Fed President John Williams spoke about the need for potential interest rate increases to combat inflation. Additionally, Fed Governor Christopher Waller noted that robust economic…

The Economic Times · 38m ago

Dollar languishes as focus turns to CPI, Fed speakers

The dollar declined as traders awaited new information on the timing for interest rate increases. Investors reevaluated the recent rally fueled by artificial intelligence developments and easing oil prices. Meanwhile, the euro gained slightly amid regional budget concerns affecting bond yields. The US consumer price index data release is upcoming,…

The Economic Times · 41m ago

Pope Leo XIV diagnosed with lung cancer after surgery to remove part of right lung

Pope Leo XIV recently had surgery confirming a diagnosis of lung adenocarcinoma, leading to the removal of a lung lobe. The operation was deemed successful, with doctors assuring there were no complications during the procedure. His prognosis remains optimistic as further tests are pending to determine if the cancer has…

The Economic Times · 41m ago

Oil prices climb as traders weigh Saudi supply risk, Russian diesel flow

Recent developments have pushed oil prices higher as traders consider the supply uncertainties stemming from the ongoing conflict in Yemen. Escalating clashes involving the Houthis and Saudi Arabia raise alarms about the stability of oil supplies. Moreover, surging expectations for diesel exports from Russia are shaping the market landscape. With…

The Economic Times · 44m ago

India-US trade deal heading towards ‘landing point’, EAM Jaishankar says

External Affairs Minister S Jaishankar indicated that India and the US are advancing their trade deal negotiations. Both countries are addressing outstanding issues, with officials working diligently to find resolutions. Jaishankar emphasized that the negotiations are complex due to competitive agreements being made by the US with other economies. He…

The Economic Times · 46m ago