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The Latest Breaking News from The Economic Times

Adani Energy’s Rs 3,500 crore QIP oversubscribed 3.1 times as FIIs, MFs and Azim Premji firm make bids

Adani Energy Solutions' Rs 3,500 crore QIP was oversubscribed 3.1 times, attracting bids worth over Rs 10,800 crore from domestic mutual funds, insurers, foreign investors and Premji Invest. The issue was priced at Rs 1,615 per share, a discount to the SEBI floor price. The proceeds will fund capital expenditure,…

The Economic Times

Suzlon Energy Q1 Results: Net profit falls 6% YoY to Rs 305 crore; stock sinks 7%

Suzlon Energy reported a consolidated net profit of Rs 305 crore for the first quarter of FY27. This figure represented a nearly six percent decline year-on-year from Rs 324 crore. However, the renewable energy company's revenue from operations rose twenty-two point five percent. Shares of the company fell more than…

The Economic Times

In 1778, Captain James Cook’s crew released goats in Hawaii as a future food source; their descendants damaged native plants and worsened erosion

Captain Cook introduced goats to Hawaii in 1778, which then proliferated rapidly. These animals severely damaged native plants and altered island landscapes over time. Centuries of hunting proved largely ineffective against the growing goat populations. Fencing and innovative strategies like using collared goats eventually helped control the herds. This historical…

The Economic Times

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In 1999, Oregon engineer Bruce Campbell bought a retired Boeing 727, moved it into a forest, and turned its cabin into his home

Bruce Campbell transformed a retired Boeing 727 into his unique home. He purchased the aircraft for about one hundred thousand dollars. The plane offers over one thousand square feet of living space. Campbell lives in the airplane for six months of each year. His unconventional dwelling offers a debt-free housing…

The Economic Times

In 1992, Douglas Tompkins began buying Chilean wilderness; decades later, much of it became the 994,000-acre Pumalín National Park, larger than Yosemite

Douglas Tompkins bought vast tracts of land in Chile for conservation. He created Pumalín National Park, a reserve larger than Yosemite. Locals initially viewed his land purchases with suspicion and controversy. After his death, his wife continued the conservation efforts and finalized the park. Pumalín National Park is now open…

The Economic Times

No time bound promotion under MACP for these central government employees; govt clarifies in Rajya Sabha

Central government employees retired between 2006 and 2008 will not receive MACP benefits. The Modified Assured Career Progression scheme began on September 1, 2008. This means the scheme was not active during their service period. Employee bodies are now demanding more MACP promotions for Group C and B staff. They…

The Economic Times

Rajnath Singh unveils landmark policy reforms for ICG personnel and their families

Defence Minister Rajnath Singh on Tuesday unveiled two significant policy reforms for the Indian Coast Guard (ICG) aimed at promoting gender parity in the induction & service conditions of officers, and streamlining the administrative procedures for granting ex-gratia to the families of personnel reported missing at sea while on duty.

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EPS pension: These pensioners will automatically get their pension benefits under EPS 2026, minister clarifies in Parliament

The government has notified the EPS pension 2026 scheme, superseding older plans. Existing pension fund benefits are protected under the new scheme. A special drive is underway to dispose of pending labor cases expeditiously. The new scheme maintains the pension calculation formula and contribution rates. Membership eligibility is defined for…

The Economic Times

Tiger Shroff's biggest career twist yet: Bollywood star set for football debut in Durand Cup

Tiger Shroff is reportedly set to make his competitive football debut after being named in Mumbay FC's squad for the 135th Durand Cup. The Bollywood actor, who has long showcased his football skills on social media, has been training with the club and could feature in its final group-stage match,…

The Economic Times

Standard Chartered sees exit of several top wealth executives in India

Standard Chartered India is witnessing a series of senior leadership exits as it reshapes its wealth business and moves away from mass-market retail banking. Wealth head Saurabh Jain is joining Bandhan AMC, following earlier departures of two other senior executives, even as the bank doubles down on affluent and SME-focused…

The Economic Times

Taiwan detains Nvidia employee in Super Micro probe, Taiwan media says

Taiwanese authorities have taken into custody an Nvidia employee as part of an investigation concerning the unlawful export of AI servers. These servers, which included Nvidia chips, fall under United States export restrictions established in 2022. This detention is linked to a wider investigation into the shipment of Super Micro…

The Economic Times

Delhi weather: Airlines warn of flight delays as IMD issues 'red' warning for national capital, NCR

Heavy rains are lashing Delhi-NCR, prompting a red Nowcast warning from the Met department. Moderate to heavy showers have caused significant waterlogging in several key city areas. Airlines have issued travel advisories, warning passengers of potential flight delays at Indira Gandhi International Airport. IndiGo and Akasa Air are informing customers…

The Economic Times

BJP MP Swati Maliwal targets Arvind Kejriwal over Punjab paper leak allegations in Punjab, calls Cockroach Janta Party AAP's 'B team'

BJP MP Swati Maliwal criticized Arvind Kejriwal for his silence on Punjab's examination paper leaks. She claimed the state has experienced six major leaks over the past five years. Maliwal also alleged the Cockroach Janta Party is AAP's 'B team' created by associates. She stated AAP government brutally lathi-charged protesting…

The Economic Times

Bombay HC to hear Nitin Gadkari's plea against Meta, Google, X over AI deepfakes on August 5

The Bombay High Court is set to deliberate on Union Minister Nitin Gadkari's legal action against Meta, X Corp, and Google regarding defamatory deepfakes on August 5. The posts wrongfully connect him to financial advantages linked to the ethanol policy. Gadkari seeks a court order to prevent the spread of…

The Economic Times

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The Economic Times

Indian shuttlers disappoint in Taipei Open qualifiers

The Indian badminton team was largerly dsiqualified in the Taipei Open Super 300 qualifiers, with only Rounak Chouhan managing to progress to the next round. The second-seeded men's singles player defeated Canada's Joshua Nguyen in straight games to keep India's hopes alive. However, other Indian singles players, including Rithvik Sanjeevi,…

The Economic Times

BJP leaders step up Instagram activity after PM's call for digital outreach

The BJP is intensifying its digital outreach on Instagram to connect with young people. Prime Minister Narendra Modi leads this coordinated push following the NEET-UG paper leak controversy. Several Union ministers and party leaders have joined this heightened activity on the platform. The party's focus follows student protests which highlighted…

The Economic Times

Psychology explains why some people suddenly start cleaning when they're anxious, and why tidying up can make you feel calmer

Restoring order to surroundings offers a powerful sense of control. Cleaning provides immediate feedback and a sense of manageable accomplishment. Research indicates that cleaning can reduce psychological and physiological stress responses. A cluttered environment may contribute to stress by signalling unfinished tasks. While beneficial, excessive cleaning may indicate underlying mental…

The Economic Times

Japan's 7.1 quake leaves 50+ injured, several feared dead; tsunami warning lifted

A powerful 7.1 magnitude earthquake struck southwestern Japan, triggering a tsunami warning. Thousands of homes lost power, and roads and buildings sustained significant damage. Multiple people were trapped and presumed dead inside a collapsed shopping mall. Authorities deployed soldiers to assist with disaster recovery efforts in the affected region. Residents…

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The Economic Times

Egypt to replace visa stickers with QR codes at Cairo airport from August 1; here's what Indian travellers should know

Egypt will launch a digital visa-on-arrival system at Cairo International Airport from August 1, replacing paper visa stickers with QR codes during a pilot phase. While the process becomes digital, eligibility rules remain unchanged, meaning only certain Indian passport holders can use the visa-on-arrival facility.

The Economic Times

Apollo Micro Systems shortlisted by IAF for indigenous prescision range extension kit programme

Apollo Micro Systems has been selected by the Indian Air Force to develop the Indigenous Precision Range Extension Kit (IPREK), a defence system designed to enhance the range and accuracy of existing bombs. The company will supply over 500 units in the initial phase, integrating technologies such as NavIC navigation…

The Economic Times

OYO parent PRISM expands UK premium portfolio with 40 hotels ahead of IPO

PRISM, OYO's parent company, is expanding its premium hospitality business in the United Kingdom. Forty new hotels are being added under its Sunday Hotels and Belvilla brands. This expansion aims to strengthen PRISM's presence in key international markets. The company is repositioning legacy assets into higher-end hospitality offerings. PRISM is…

The Economic Times

Monsoon revival boosts summer crop planting in India

A revival in monsoon rains has accelerated the sowing of key summer crops across India, helping farmers recover from an early-season slowdown caused by delayed and below-normal rainfall. The sowing gap has narrowed to less than 5%, with rice, soybean and cotton planting picking up after widespread July rains, although…

The Economic Times

Varun Beverages shares fall 5% as Q2 margins shrink after Twizza acquisition in South Africa; net profit rises 15%

Varun Beverages shares fell 5% after the Pepsi bottler reported a 76-basis-point contraction in Q2 CY2026 EBITDA margin to 27.7%, weighed down by the consolidation of South Africa's Twizza business. Despite the margin pressure, revenue from operations rose 20.4% year-on-year to Rs 8,451.23 crore, driven by strong volume growth across…

The Economic Times

Before H.C. Verma wrote Concepts of Physics, Indian JEE aspirants were struggling with one huge problem; the IIT Kanpur professor changed that

Before H.C. Verma wrote Concepts of Physics: Long before online coaching and AI study tools, IIT Kanpur professor H.C. Verma identified a gap that was quietly failing generations of Indian physics students and filled it with a book that became a rite of passage for JEE and NEET aspirants. This…

The Economic Times

Bank of India Small Cap Fund among 21 equity MFs delivering over 20% SIP XIRR in one year

Around 21 equity mutual funds delivered over 20% XIRR on SIP investments over the past year, an ETMutualFunds analysis found. Small-cap funds dominated the list, with the top seven all belonging to the category and five generating over 30% XIRR. Bank of India Small Cap Fund topped the rankings with…

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