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The Latest Breaking News from The Economic Times

Connor Murphy death rumours: Tony Huge claims fitness influencer drowned in Thailand lake, says he had "superhuman abilities"

Connor Murphy news: American fitness influencer Connor Murphy reportedly drowned in a lake in Thailand, according to celebrity fitness influencer Tony Huge. Huge claimed that the bodybuilder was living on a golf course in Bangkok and had superhuman abilities. His vehicle contained syringes and unidentified pills, but the cause remains…

The Economic Times

Marksans Pharma to acquire Germany-based ABCnow GmbH

Marksans Pharma announced its definitive agreement to acquire ABCnow GmbH. This German pharmaceutical distributor will be purchased for nearly ten crore rupees. The acquisition aims to expand Marksans' European market presence and distribution capabilities. It will allow the company to market its products directly within the EU. This strategic move…

The Economic Times

Kalyan Jewellers shares soar over 6% as 38% YoY revenue jump in Q1 update

Kalyan Jewellers shares rose sharply on Wednesday after the company reported an estimated 38% year-on-year growth in consolidated Q1 revenue, driven by robust demand in India and strong same-store sales. Its international business and digital jewellery platform Candere also posted healthy growth, despite the seasonal impact of Adhik Maas.

The Economic Times

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Rupee slips as oil prices jump, modest portfolio inflows cushion fall

The Indian rupee weakened slightly on Wednesday due to Middle East hostilities. Renewed conflict lifted oil prices, impacting risk sentiment across markets. Modest portfolio inflows helped cushion the rupee's downward pressure. Elevated oil prices pose a risk to India's economic growth and inflation. Investors also await U.S. Federal Reserve policy…

The Economic Times

India to roll out new high-frequency economy barometer on July 14

India will launch a new services production index next week to track activity in the country's dominant services economy. It aims to provide timely economic insights for policymakers and businesses. The index will use digital and administrative data sources for compilation. This new tool will complement India's existing main barometer…

The Economic Times

Delhi govt plans to turn Arvind Kejriwal's 'Sheesh Mahal' into state guest house: Report

The Delhi government plans to convert a former chief minister's residence into a state guest house. This bungalow, previously occupied by Arvind Kejriwal, will offer amenities for visiting officials. The proposal awaits final approval from higher authorities for its implementation. This property became a center of political controversy over its…

The Economic Times

Uttarakhand: BKTC official booked for embezzlement of Badrinath Dham Temple donations

A criminal case was filed against Pramod Nautiyal, a Personal Assistant, for allegedly diverting temple offerings. He was suspended by the Badrinath-Kedarnath Temple Committee after preliminary findings substantiated the allegations. An inquiry committee found prima facie evidence of serious irregularities in his official duties. The Uttarakhand Government has also formed…

The Economic Times

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'Paryavaran Mantralay' has become 'Pravachan Mantralay': Congress leader Jairam Ramesh

The Congress party alleged a governance collapse within the Union environment ministry. Four close aides to Minister Bhupendra Yadav were reportedly sacked over two days. Jairam Ramesh stated the ministry has done little to protect the environment. Ecological destruction continues unabated across various regions of India. Air pollution also remains…

The Economic Times

Global AI industry falls short on safety, think tank warns

US artificial intelligence lab Anthropic scored the highest in a semiannual safety ranking, but globally the industry fails to combat "existential" threats, according to a report released on Tuesday. All nine companies are failing when it comes to combating "existential" threats such as pursuing models that reach human-level intelligence, known…

The Economic Times

Sensors, early starts: how Spain keeps working when heat hits

Spain is adapting workplaces to extreme heat as climate change intensifies weather patterns. Workers now use heat-monitoring wristbands and adjust schedules to avoid dangerous temperatures. New laws mandate employers to adapt working days and conditions during heat alerts. Companies face increased fines for heat-related workplace infractions and safety violations. Some…

The Economic Times

SAMS Odisha +2 First Merit List 2026 Released at samsodisha.gov.in: How to check, key dates, and other details

The SAMS Odisha +2 First Merit List for 2026 was released on July 8. Selected students must complete admission formalities between July 9 and July 15. Many seats are expected to remain vacant after this initial allotment. A second merit list will be published on July 23 for further admissions.…

The Economic Times

Mumbai's 7-Day rain beats Delhi's annual average, almost matches Bengaluru

Mumbai experienced exceptionally heavy rainfall between June 30 and July 6. This week's downpour surpassed Delhi's and Pune's annual rainfall totals. The Santacruz observatory recorded nearly 989 mm of rain during the seven days. July 4 saw the most intense rainfall, with significant amounts recorded in 24 hours. The intensity…

The Economic Times

Multibagger Cupid shares rally 19% in 6 days after Q1 update, skyrocket 940% in one year. What lies ahead?

Cupid shares climbed significantly after a positive business update for the April-June quarter. The company raised its FY27 revenue guidance to over Rs 660 crore. This upward revision reflects strong performance and expanding global opportunities. Cupid's management highlighted diversification and growth across multiple business verticals. The company also noted steady…

The Economic Times

South Indian Bank shares tumble 9% after four-day rise; RBI clears Mahesh Pai as MD & CEO

South Indian Bank shares fell sharply on Wednesday, snapping a four-session winning streak as investors booked profits after a sharp three-month rally. Meanwhile, the RBI approved the appointment of Mahesh Muralidhar Pai as the bank's Managing Director and CEO for a three-year term, effective October 1, 2026, subject to further…

The Economic Times

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DreamDoll Brii shooting update: “Please help me!” Harrowing 911 calls reveal panic after 21-year-old Florida influencer was gunned down in Lamborghini

DreamDoll Brii shooting: Influencer Brianna Johnson, known as DreamDoll Brii, was fatally shot early Sunday morning. A white sedan pulled alongside her Lamborghini and opened fire, police reported. Two other individuals inside the vehicle sustained critical injuries from the gunfire. Harrowing 911 recordings captured the panic and desperation following the…

The Economic Times

Indian students, H-1B workers may face uncertainty as US plans tighter visa rules

New US immigration rules will tighten the H-1B visa program for employers. Increased costs and stricter H-1B rules are expected for sponsoring foreign workers. Student visa rules will change, requiring extensions for continued studies. Automatic work permit extensions will end, affecting H-4 visa holders. These proposals will impact Indian professionals…

The Economic Times

Parliamentary panel to review self-reliance, modernisation of Defence Public Sector Undertakings briefing today

The Defence committee will meet to discuss defence public sector undertaking transformation. Earlier, the Finance committee reviewed digital rupee progress and virtual asset regulations. Discussions focused on strengthening India's digital financial ecosystem and consumer safeguards. Senior defence officials also presented on border defence and technology adoption. These meetings highlight ongoing…

The Economic Times

India bonds dragged by rise in oil prices, Treasury yields on fresh US-Iran hostilities

Indian government bonds experienced a decline in early trading on Wednesday. This downturn followed Middle East tensions that pushed oil prices higher. The benchmark bond yield rose, ending a recent period of decline. Foreign investors continue to provide strong support through significant debt purchases. Overnight index swap rates also started…

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news in one place.

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The Economic Times

Swiggy's foreign shareholding falls below 50%: What it means for investors

Swiggy's foreign shareholding now stands below fifty percent, meeting a key regulatory requirement. This change allows the company to pursue Indian-Owned-and-Controlled Company status under FEMA rules. However, full qualification is not expected until March 2027, after governance changes. Reducing foreign ownership further may impact index weightage for Swiggy. JM Financial…

The Economic Times

Delhi Laxmi Yojana: BJP govt to launch Rs 2,500 monthly assistance scheme for women - Who is eligible, launch date, required documents and application processon

Delhi Laxmi Yojana will provide eligible women Rs 2,500 monthly. The scheme is expected to launch on August 28, Raksha Bandhan day. Preparations are in the final stages with banks for fund disbursement. Women aged 21 to 60 and permanent Delhi residents may be eligible. An online portal is ready…

The Economic Times

Smallcap aerospace stock jumps 17% in two days after earning bullish brokerage calls

Aequs shares surged significantly on Wednesday, driven by positive brokerage reports. Analysts issued bullish calls, projecting substantial upside potential for the stock. The company is India's sole vertically integrated precision aerospace manufacturer.

The Economic Times

Smallcap funds deliver 22% average return in 3 months. Is it time to invest, hold or rebalance?

Small cap mutual funds delivered an average return of 21.89% over the past three months, sparking debate on whether investors should continue SIPs, invest afresh or rebalance portfolios. Experts advise sticking to long-term asset allocation, preferring staggered investments through SIPs or STPs, while cautioning that elevated valuations warrant selective exposure.

The Economic Times

OpenAI says powerful new model to launch publicly on Thursday

ChatGPT maker OpenAI said its latest powerful artificial intelligence model series will be released to the public on Thursday, as the US government reportedly approved a broader launch. It follows a similar story at OpenAI's archrival Anthropic, which last week said it would begin restoring access globally to its most…

The Economic Times

Ahead of India-UK FTA rollout on July 15, specialty chemicals industry seeks clarity on rules of origin

Industry stakeholders say lower tariffs and improved market access will strengthen India's specialty chemicals sector, but they call for clarity on rules of origin, regulatory standards, and implementation.

The Economic Times

How New Zealand became global laboratory for climate friendly cows

The government and industry are investing heavily to support these crucial climate initiatives. Widespread adoption of these technologies could reshape global agriculture practices.

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