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The Latest Breaking News from The Economic Times

American giants warn higher tariffs on India & others may backfire on US' manufacturing

Several major US companies, including Intel, IBM, Dell, Honeywell Aerospace, Ford, GE Appliances and De Beers, have urged the US Trade Representative (USTR) to reconsider its proposal to impose additional tariffs of up to 12.5% on imports from 60 countries, including India.

The Economic Times

IMD issues flash flood risk warning for Maharashtra, Goa and Gujarat amid heavy rain: Check affected districts

India Meteorological Department issued flash flood warnings for several districts. Heavy rainfall triggered another flash flood in Jammu and Kashmir's Doda district. Moderate flash flood risk is likely in parts of Konkan, Goa, and Gujarat. Surface runoff and inundation are possible in saturated soils and low-lying areas. The weather office…

The Economic Times

Who is Connor Murphy? Texas fitness influencer at the center of unverified death rumours as fans ask if the bodybuilder has died

Connor Murphy bodybuilder: Fitness influencer Connor Murphy's death rumors are circulating widely on social media platforms. Unverified posts claim the bodybuilder died while staying in Thailand recently. However, no official confirmation has been provided by his family or representatives. Murphy gained fame for his workout videos and bodybuilding transformation content…

The Economic Times

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Iran claims it downed US MQ-9 drone, struck American bases in Bahrain and Kuwait

Iran's Revolutionary Guards stated they struck US military sites in Bahrain and Kuwait. This action was a direct response to recent American strikes, according to the statement. The joint operation involved missile and drone attacks on 85 key facilities. Iran also reported shooting down an American MQ-9 drone during the…

The Economic Times

IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude prices

Oil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were reinstated. These events reignited concerns over Middle East stability and potential supply disruptions. Shipping through the Strait of Hormuz remains vulnerable, impacting global energy supply routes. Analysts expect oil inventories…

The Economic Times

Speaking clearly through the din

Organisations now need trusted communicators to navigate information speed and complexity. Internal and external communication lines are blurring, requiring holistic audience engagement strategies. Employees expect dynamic storytelling and opportunities to share their experiences and connect to purpose. Leaders must understand communications power and limitations for effective reputation management. Future success…

The Economic Times

Gold prices fall for 3rd straight session; silver dips to Rs 2.30 lakh/kg as rising oil prices fuel rate hike bets. Buy, sell or hold?

Gold and silver prices extended their losses for a third straight session on the MCX as rising oil prices and a stronger U.S. dollar fuelled expectations of higher U.S. interest rates. Investors now await the Federal Reserve's meeting minutes for further policy cues, while analysts expect bullion prices to remain…

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ED raids ex-Samajwadi Party MLA Deep Narayan, his associates in Uttar Pradesh

The ED conducted searches in Jhansi and Lucknow as part of an ongoing investigation into former MLA Deep Narayan Singh Yadav. The probe aims to uncover evidence of illicit financial transactions and acquired assets. Incriminating documents and digital devices were seized during the extensive search operations. The investigation is based…

The Economic Times

Mushoku Tensei Season 3 to have at least 14 episodes, longest single cour in anime's history. Check details

Mushoku Tensei Season 3 will be the longest single cour in franchise history. Newly revealed Blu-ray details confirm the installment will feature at least fourteen episodes. This new season premiered on July fifth, 2026, with a special two-episode debut. The series continues to adapt the Eris Training Arc, following Rudy's…

The Economic Times

Are bluechip stocks cheap and safe to invest in now? Radhika Gupta explains why the answer isn't so simple

Edelweiss Mutual Fund MD & CEO Radhika Gupta says investors should move beyond the belief that large-cap stocks are inherently safer, arguing India's evolving economy favours bottom-up investing across market caps. She remains optimistic about domestic inflows, advocates diversified portfolios with global exposure, and expects double-digit equity returns, while cautioning…

The Economic Times

OpenAI gets US approval for broad GPT-5.6 rollout

OpenAI, White House, and the U.S. Department of Commerce did not immediately respond to a Reuters request for comment.

The Economic Times

Best large & mid cap funds to invest in July 2026

Large and mid cap mutual funds invest in both large and mid cap stocks. These schemes suit aggressive investors willing to take on extra risk. Fund managers can adjust allocations based on market conditions and outlook. Several recommended funds have shown varied performance over recent months. Investors with a long-term…

The Economic Times

Sensex tumbles over 550 points, Nifty falls below 24,250 as Iran-US conflict escalates

Indian stock markets experienced a decline on Wednesday as oil prices surged. Benchmark indices Sensex and Nifty fell significantly due to renewed Iran-US conflict escalations. Broader market indices also slipped into the red, reflecting widespread bearish sentiment. Foreign investors, however, continued their buying trend for a fifth consecutive session. The…

The Economic Times

US Stock Market: Starship, AI ambitions fuel bullish Wall Street outlook on newly listed SpaceX

SpaceX joins the Nasdaq-100 index, attracting billions in passive investment flows. Wall Street brokerages initiated coverage with overwhelmingly positive ratings for the company. Analysts see long-term growth potential in space transportation and satellite connectivity. Starship, SpaceX's reusable rocket, is a major pillar of this optimistic outlook. The company's artificial intelligence…

The Economic Times

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The Economic Times

Bengal Baruipur rape-murder case: One accused killed in encounter

Baruipur rape-murder case: One key accused in a Baruipur rape and murder case was killed in an encounter. The victim's body was discovered stuffed in a sack the day after she went missing. Local protests erupted, leading to property damage and the burning of tires. Police had previously arrested three…

The Economic Times

Japan's Nikkei falls in volatile trade as tech tracks Nasdaq selloff

Japan's Nikkei share average declined in choppy trade on Wednesday. Technology stocks faced pressure after overnight losses on the Nasdaq index. Investors showed caution regarding the durability of the AI-driven market rally. This sentiment followed Samsung Electronics' earnings which did not meet elevated expectations. Some domestic demand-sensitive shares and memory…

The Economic Times

South Korea's Kospi enters bear market, plunges 20% from peak. What's spooking investors?

South Korea's Kospi index entered bear market territory, plunging 20% from its peak. Heavyweight Samsung Electronics saw its share price fall nearly four percent on Wednesday. Foreign investors turned net sellers of shares worth over three hundred million dollars. Despite the sharp selloff, Kospi remains the world's best-performing major stock…

The Economic Times

How the recently launched 'Trump Accounts' follow Warren Buffett's popular stock market advice

President Trump launched Trump Accounts for newborn children's stock market investments. These accounts will invest in an S&P 500 index fund, a strategy long advocated by Warren Buffett. The program aims to help newborns build wealth from an early age. Several companies have pledged support and seed funding for the…

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The Economic Times

5,000 feet down, 6,000 feet up, then gone: The curious case of the Boeing 737 that vanished in Pakistan in just three minutes

A Boeing 737 freighter disappeared over the Arabian Sea during a routine night flight. The aircraft experienced navigation system malfunctions shortly after departing Sharjah. Radar showed the plane plunging violently and veering off course before contact was lost. Naval and air force units are conducting a widespread search for any…

The Economic Times

Cochin Shipyard shares dip 2% as govt’s OFS opens for retail investors today

Cochin Shipyard shares fell over 2% as the Centre's OFS opens for retail investors after the non-retail portion was subscribed 3.52 times. The government plans to sell up to a 5.04% stake, potentially raising around Rs 1,800 crore. The stock has delivered multibagger long-term returns despite recent weakness, with shares…

The Economic Times

Quote of the day by Frank Sinatra: 'You only go around once, but if you play your cards right, once is...' - Renowned American singer and actor's timeless wisdom that still inspires generations

Quote of the day by Frank Sinatra: Frank Sinatra, a celebrated singer and actor, left an indelible mark on entertainment history. His smooth voice and timeless songs became American classics enjoyed worldwide. Sinatra also achieved success as an actor, winning an Academy Award for his film roles. He was known…

The Economic Times

Netflix, YouTube and Disney interested in US rights of FIFA World Cup, deal may reach $2 billion: Report

Several major media companies are preparing to bid billions for FIFA World Cup broadcasting rights. Netflix, Disney, and Alphabet's YouTube are expected to challenge for the next two tournaments. Amazon and Apple could also join the bidding war for these lucrative rights. FIFA is considering selling English and Spanish language…

The Economic Times

A sluggish start has cement makers banking on H2 recovery: Report

India's cement sector anticipates sluggish volume growth in the first half of fiscal year twenty twenty-seven. Rising input costs and weak demand will likely pressure cement prices throughout this period. April twenty twenty-six price increases are not expected to fully offset profitability declines for companies. Fresh supply additions during fiscal…

The Economic Times

S&P flags risks to Indian microfinance lenders' $35 billion book

India's $35 billion microfinance sector faces fresh risks as weak monsoon forecasts and persistent inflation threaten rural incomes, increasing the likelihood of loan defaults. According to S&P Global Ratings, borrowers with loans from multiple lenders are already showing higher delinquency rates.

The Economic Times

Uno Minda shares in focus as firm enters 4-wheeler seating systems segment with Rs 320-crore capex

Uno Minda is expanding into four-wheeler passenger vehicle seating systems. A new manufacturing facility will be established in Maharashtra. This facility represents a significant capital expenditure for the company. Operations are expected to begin in the fourth quarter of FY28. The company has secured an anchor order from a leading…

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