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The Latest Breaking News from The Economic Times

Given track record of govt, Nandan Nilekani-led panel's report will also gather dust: Congress

Congress criticises the government's past exam reform implementation. A previous committee's recommendations have seen limited action. The party questions the formation of a new task force. They cite unfulfilled promises and delays in appointments. This raises doubts about the sincerity of current reform efforts.

The Economic Times

MV Electrosystems IPO to open on July 30; sets price band at Rs 400-425 per share

MV Electrosystems has fixed the price band for its Rs 290 crore IPO at Rs 400-425 per share. The issue, opening on July 30, will fund working capital, R&D and corporate needs as the railway electronics manufacturer expands its manufacturing capacity and order book.

The Economic Times

Not a techie or doctor, this 11-year-old from West Virginia is set to become America's youngest certified welder. Here's how much he could earn

An eleven-year-old boy named Tatum Franklin is becoming one of the youngest certified welders. He has explored many skills, including aviation and 3D printing. The welding profession faces a significant shortage of skilled workers in the United States. Tatum's early training offers him a substantial career advantage in this field.…

The Economic Times

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Kanwar Yatra Uttar Pradesh: Non-veg food banned along route in Muzaffarnagar, owners asked to display licences

Food safety officials have banned non-vegetarian food along the Kanwar Yatra route. Eateries must also avoid onions and garlic in their cooking preparations. Inspectors are checking for compliance with food safety norms and licenses. Standard rates for essential items are fixed to prevent overcharging pilgrims. Cooks are directed to wear…

The Economic Times

Global Market: Xiaohongshu faces scrutiny over potential Hong Kong IPO plans amid VIE structure dispute

Chinese social media platform Xiaohongshu faces listing scrutiny following a complaint by a former executive regarding its variable interest entity (VIE) structure. The dispute over employee stock options and corporate control disclosures highlights regulatory and compliance risks for Chinese tech firms seeking overseas capital through offshore entities.

The Economic Times

Don't let selling your house trigger a tax notice: Check these rules under Sections 54 and 54F

Many taxpayers who purchase or construct a residential house to claim exemption under Sections 54 or 54F are unaware that selling the house within the prescribed lock-in period can reverse the earlier tax benefit. This article explains how such a sale affects the computation of capital gains, highlights the different…

The Economic Times

Australia built an A$187,000 electric fence across wild horse country; inside lies an endangered alpine wetland supporting three threatened animals

An electric fence protects a rare alpine wetland in Australia's Kosciuszko National Park. This small area is home to three threatened native species found nowhere else. Feral horses damage the delicate peatlands, which store significant amounts of global carbon. Studies show these wetlands release more carbon dioxide when disturbed by…

The Economic Times

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In the 1770s, Captain Cook released pigs and goats in New Zealand to feed future sailors; their feral descendants began destroying native bush

Captain Cook introduced pigs and goats to New Zealand's Ship Cove in 1770 for future sailors. These animals became significant threats to native forests over centuries. Motuara Island, cleared and then restored, shows conservation success. Introduced pests were removed from Motuara Island in 1991. Native birds have since returned to…

The Economic Times

Best Mexican Proverb of the Day: "He who laughs last, laughs best." A life lesson on patience and perseverance

Best Mexican Proverb of the Day: Mexican proverbs often highlight patience and resilience in achieving final outcomes. The proverb "El que ríe al último, ríe mejor" teaches that early success is not always definitive. It encourages individuals to remain focused despite temporary setbacks and criticism. This wisdom applies to modern…

The Economic Times

Israel's yellow line, a shifting edge of war pushing Gazans from home

Israeli forces are expanding control in Gaza by advancing a demarcated 'yellow line'. Residents in several neighborhoods face repeated displacement due to these military movements. Many Gazans are forced to leave their homes multiple times since the conflict began. Warnings are issued via text messages and loudspeakers before residents evacuate…

The Economic Times

How the rain gods impact the Indian economy

IDFC FIRST Bank Chief Economist Gaura Sengupta analyzes how El Nino and monsoon performance shape India's economic growth and inflation. While expanding irrigation and a growing allied sector have reduced agriculture's direct sensitivity to rainfall deficits, volatile weather and global pressures could still weigh on rural demand and push inflation…

The Economic Times

Global Market: European stocks trade flat as tech selloff offsets earnings boost from consumer, luxury firms

European stock markets remained relatively stable despite a notable dip in technology shares. The positive earnings reported from the consumer goods and luxury sectors provided a buffer against wider market declines. Lower oil prices lent further support, keeping investor confidence steady. Attention now turns to anticipated announcements from the U.S.…

The Economic Times

Psychology says siblings who fight over the TV remote may be competing for more than just control

Psychology suggests that arguments over the television remote are rarely about the remote itself. Instead, they often reveal deeper emotional needs, such as a desire for autonomy, fairness, recognition, or a sense of belonging within the family.

The Economic Times

Should investors increase allocation to small, midcaps? Motilal Oswal Private Wealth explains why

Motilal Oswal Private Wealth has increased its recommended portfolio allocation for mid and smallcaps to 50% in its July 2026 report, citing attractive valuations and high exposure to growth sectors. The firm maintains a neutral stance on overall equities while advising a flexible, actively managed investment approach.

The Economic Times

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I apologise if my remarks on violence against protesters in Kashmir hurt anyone, says Mehbooba Mufti

Mehbooba Mufti apologised for her remarks made at Jantar Mantar. She clarified her statement about security forces using force in Kashmir. Chief Minister Omar Abdullah had demanded an apology from the PDP president. Abdullah stated her comments could deter people from fighting for rights. He criticised her justification of force…

The Economic Times

20% of Indian teens at moderate to high risk of alcohol, tobacco use; Guwahati tops list, Nagpur safest: Study

New research reveals varied adolescent substance use risk across Indian cities. Guwahati and Deoghar show higher risk, while Nagpur and Puducherry appear safer. Increased screen time and permissive attitudes correlate with greater risk for teens. Girls exhibited a higher likelihood of riskier substance use categories than boys. Localized interventions are…

The Economic Times

Bitcoin holds near $63,000 as investors await Fed meeting despite easing geopolitical tensions

Bitcoin hovered near $63,000 on Tuesday ahead of the US Federal Reserve's policy decision, with investors remaining cautious despite easing geopolitical tensions. The cryptocurrency fell 2.93% over the past 24 hours, while Ethereum dropped 4.31%.

The Economic Times

Best Italian Proverb of the Day: "Every abandoned thing is lost." A life lesson on valuing opportunities before they disappear

Best Italian Proverb of the Day: An Italian proverb highlights the importance of seizing opportunities before they disappear. The saying "Ogni lasciato è perso" warns against neglecting valuable chances. It teaches commitment and timely action are essential for success in life. This wisdom applies to personal goals, careers, and relationships…

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The Economic Times

Lok Sabha resumes business after days of deadlock, takes up anti-paper leak Bill amid sharp govt-Opposition clash

The Lok Sabha resumed legislative business, debating the Public Examinations Amendment Bill, 2026. The government defended the proposed changes as a significant step for student protection. Opposition members dismissed the legislation as inadequate and criticized its effectiveness. They highlighted ongoing paper leaks despite the previous 2024 law. The debate focused…

The Economic Times

Tamil Nadu civic polls likely to be deferred to early 2027

Local body elections in Tamil Nadu are expected to be postponed until early 2027. This delay is due to the extension of the Seventh State Finance Commission's tenure. The commission's assessment is crucial for financial distribution and poll preparations. Over ninety thousand local administrative positions are currently managed by special…

The Economic Times

Global Market: Japan's 10-year bond yield climbs as fiscal concerns weigh on market ahead of BOJ meeting

Japan's 10-year government bond yield edged higher as uncertainty over funding for proposed food tax cuts weighed on investor sentiment. Markets are now focused on the Bank of Japan's policy meeting later this week for signals on future interest rate moves.

The Economic Times

Trump administration imposes $84 billion in civil fines against immigrants

The US Department of Homeland Security said it has issued more than $84 billion in civil fines to undocumented immigrants who remain in the country despite final removal orders. The agency said over 103,000 fines have been issued since President Donald Trump took office, while urging eligible individuals to self-deport…

The Economic Times

UK's Andy Burnham outlines youth training overhaul as AI reshapes jobs market

Britain's Prime Minister Andy Burnham announced new technical education plans. These programs will combine academic study with employer-led projects. New pathways will be rolled out nationally starting in 2028. This initiative aims to address rising youth unemployment and prepare workers. AI advancements are increasing demand for new technical skills across…

The Economic Times

Vijay Kedia sells 4 lakh shares of this microcap facade maker in Q1, stock down 35% in 6 months. Do you own?

Veteran investor Vijay Kedia reduced his stake in microcap firm Innovators Facade Systems during Q1 FY27, selling over 3.66 lakh shares. His holding fell from 10.66% to 8.71%, leaving him with 16.44 lakh shares at the end of June. The stock has declined more than 35% over the past six…

The Economic Times

Husband refused to take home wife after 4 years in hospital; high court orders him to care for her

Husband refused to take wife back home after she suffered an accident making her wheelchair bound; Hospital files case; HC orders him to take care and orders police to escort her. Know what the high court said.

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