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The Latest Breaking News from The Economic Times

Sam Altman eyes South Korea as testbed for OpenAI's first hardware device

OpenAI's CEO is keen to test its inaugural hardware in South Korea, aimed for release by the first quarter of next year. This innovative screenless smart speaker is designed to be a versatile, mobile AI assistant for households. However, potential legal hurdles and trademark challenges could affect its launch. With…

The Economic Times

India's AI boom is rewarding engineers more than coders

India's AI and manufacturing push is reshaping job market, with engineers, technical support professionals and infrastructure roles seeing stronger salary growth than software developers, according to TeamLease. Backed by govt investments in semiconductors, electronics and EVs, the country's next wage boom appears increasingly tied to building and running AI infra.

The Economic Times

$Tejas Shirse battles stress fracture to make historic Commonwealth Games final$

Tejas Shirse battles stress fracture to make historic Commonwealth Games final

Tejas Shirse became the first Indian to reach the men's 110m hurdles final. He sustained a stress fracture during his warm-up before the medal race. Despite the injury, Shirse completed the race in visible pain. He finished eighth, unable to challenge for a podium position. The athlete will undergo scans…

The Economic Times

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Parliamentary panel calls Google, Meta, X, Snapchat for discussion on digital platforms regulation

A parliamentary committee will examine social media platform regulation on August 3. Senior officials and tech company representatives will brief the panel on digital content rules. Meta restored a prime minister's video after its mistaken removal, which caused a summons. The government has requested removals of posts targeting the prime…

The Economic Times

Swiggy Instamart ropes in ex-Myntra boss Nandita Sinha as q-comm battle heats up

Myntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She replaces Amitesh Kumar Jha, who resigned on July 28 for other opportunities. Sinha previously led fashion e-commerce platform Myntra since 2022. This leadership change occurs as the quick commerce sector faces intense competition. Rivals…

The Economic Times

FIIs triple stake in Sterlite Tech after a stellar 400% surge this year. More legs to the rally?

Sterlite Technologies has surged over 400% in 2026, while FIIs nearly tripled their stake to 19.7% as of July 2026. The stock gained investor attention after strong Q1 FY27 results, a record order book, AI data centre opportunities and a bullish outlook from brokerages.

The Economic Times

DRDO sensitive data offered for sale on dark web for nearly Rs 8 lakh

DRDO data is reportedly being sold for eight thousand dollars on the dark web. A cyber intelligence firm discovered the alleged data listing during routine monitoring. Sample documents released appear to contain restricted technical information and scientist signatures. DRDO is currently verifying the authenticity of these serious claims and reports.…

The Economic Times

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The AI paradox: Why better technology demands better people managers

The State of Managers Report 2026 shows that as AI changes the way we work, managers are becoming more important than ever. At the same time, manager effectiveness is declining, burnout is rising, and employees are not always experiencing the support their managers believe they are providing.

The Economic Times

Bank of Baroda data breached: Is your account in danger? 7 things you can do to protect your account

Bank of Baroda confirmed a data breach originating from a compromised employee email account. The lender insists its core banking systems remained entirely untouched and secure. This incident is primarily a privacy and identity fraud concern for customers. Customers should reset passwords and enable transaction alerts immediately. Locking Aadhaar biometrics…

The Economic Times

SC says insolvency shield cannot protect real estate promoters from homebuyers' cases

The Supreme Court ruled promoters and directors cannot use insolvency moratorium against homebuyers. This decision provides significant relief for homebuyers facing delayed projects. Insolvency proceedings against a company do not halt action against its leaders. The court clarified the moratorium protects only the corporate debtor, not individuals. This ruling impacts…

The Economic Times

IELTS validity explained: How long are your scores valid and why does it matter?

IELTS Score Validity 2026: An IELTS score is generally valid for two years from the test date, but how that rule is applied can vary depending on the university, employer or immigration authority. Here's what applicants need to know about IELTS validity, when scores expire, possible exceptions and when a…

The Economic Times

India's salary hotspots are no longer just the biggest metros

India's salary growth is becoming more geographically balanced, with Tier-2 cities such as Ahmedabad, Visakhapatnam, Nagpur and Jaipur recording projected increments close to leading metros, according to TeamLease's FY2026-27 Jobs and Salaries Primer. The shift reflects manufacturing expansion, industrial corridors and rising enterprise investments beyond traditional technology hubs.

The Economic Times

Four decades after Chernobyl, Italy embraces nuclear again

Four decades after abandoning nuclear power in the wake of the Chernobyl disaster, Italy is preparing to revive the sector as Prime Minister Giorgia Meloni's government pushes legislation to create a legal framework for next-generation reactors. The move is driven by energy security concerns, rising electricity demand and climate goals,…

The Economic Times

Rebel Trinamool Congress MPs who joined NCPI attend their 1st NDA parliamentary party meet

Twenty Lok Sabha MPs who left Trinamool Congress attended an NDA parliamentary party meeting. Prime Minister Narendra Modi and Union ministers were present during this significant gathering. Discussions focused on trade and fisheries progress, and the anti-paper leak bill. These MPs expressed their allegiance to the BJP-led National Democratic Alliance.

The Economic Times

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Saransh Jain earns maiden India Test call-up at 33; ailing father's note became his motivation

Saransh Jain earned his maiden India Test call-up at age thirty-three. This achievement followed a journey marked by perseverance and strong family support. His father, Subodh Jain, a former cricketer, shared his own fulfilled dream. A handwritten note from his father during a health crisis became a source of strength.…

The Economic Times

Kerala woman wins Rs 36,880 payout after Instagram boutique fails to deliver a dress worth Rs 1,880 she ordered for wedding

A Kerala consumer commission has ordered an Instagram boutique to pay ₹36,880 to a woman who paid for two dresses needed for a wedding, received only one after months of delays, and was told to "go ahead and file a case" when she asked for a refund. The court ruled…

The Economic Times

Trump's new student visa rule could cost US economy up to $400 billion a year

A new report by the Peterson Institute for International Economics (PIIE) warns that the Trump administration's new student visa rule could discourage international students, shrink the US STEM talent pipeline and reduce economic output by up to $400 billion annually. The report urges Congress or the courts to intervene before…

The Economic Times

Which ITR form should I file as I am a homemaker who has Rs 98,000 dividend income and paid Rs 4000 TDS?

ET Wealth Reader's Query: I am 43, a homemaker, with mutual fund investments of Rs 35 lakh and stock investments of Rs 50 lakh, mostly invested from my husband’s income. During FY2025 26, I received dividend income of Rs 98,000, on which TDS of Rs 4,000 was deducted. I have…

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The Economic Times

Where are the wildfires in Spain and France? Areas affected, evacuation updates and latest situation

Wildfires in France and Spain have forced over 300,000 people to evacuate their homes. These fires have scorched vast areas, exceeding previous records in both nations. Prolonged heat waves and below-average rainfall have worsened fire conditions across Europe. The European Union has deployed aircraft and helicopters to support firefighting operations.…

The Economic Times

NEET protest violence: SC orders safeguards for protesters' digital data, release of under-18 detainees

The Supreme Court has directed all states to release detained student protesters below 18 years of age with no criminal antecedents while hearing petitions alleging police excesses during the NEET paper leak protests. Observing that "agitations in a democracy are bound to happen," the court said a prima facie case…

The Economic Times

US Stock Market: Wall Street divided on Fed as rising crude prices boost rate hike expectations

The US Federal Reserve's policy meeting has become harder to predict as surging oil prices and renewed geopolitical tensions raise the risk of persistent inflation. While most brokerages still expect rates to remain unchanged, some now see a growing possibility of surprise hikes, with markets significantly increasing the odds of…

The Economic Times

RAF fired multiple munitions during July 20 protests: Official records

Police records detail the use of non-lethal munitions during a protest march. The Rapid Action Force fired plastic pellets and tear gas shells near Jantar Mantar. Opposition parties have targeted the government over the use of force against protesters. The Delhi Police stated claims of using pellets against peaceful protesters…

The Economic Times

Kangana Ranaut calls Gen Z women 'Generation Gutter', says they are 'not good at studies' in Instagram post

BJP MP Kangana Ranaut criticized young Hindu women's lifestyles and personal choices. She described some as "Generation Gutter" on her Instagram Stories. Ranaut also attacked Gen Z protest reels, calling them "puke inducing" and "jarring". She found the protesters' language and conduct to be "crass". The actress stated she needed…

The Economic Times

Tata Power shares get Equal Weight rating from Morgan Stanley with target price of Rs 399

Tata Power shares traded lower despite Wall Street brokerage Morgan Stanley retaining its "Equal Weight" rating and Rs 399 target price following the company's Q1 FY27 results. The company reported double-digit profit growth, record quarterly capital expenditure and strong performance across its renewable energy, transmission and distribution businesses.

The Economic Times

H-1B visa: US updates list of employers barred from program; 4 companies named as willful violators

The US Department of Labor has updated its H-1B debarment list, naming four employers as willful violators of visa rules. The companies are temporarily barred from filing H-1B petitions and face additional compliance requirements and possible random investigations.

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