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The Latest Breaking News from The Economic Times

Gurugram submerged: Road cave-ins, unending traffic jams add to woes; corporates advised WFH

Heavy monsoon rains caused widespread waterlogging and traffic jams across Gurugram city. Road cave-ins and submerged streets significantly disrupted daily commutes for residents. Authorities implemented extensive measures and diversions to manage the chaotic traffic situation. Corporate employees were advised to work from home to reduce vehicular movement. Rescue teams deployed…

The Economic Times

Kusumgar IPO Day 1: Issue gets fully subscribed on strong demand from NIIs; GMP at 40%

Kusumgar IPO GMP Today: Kusumgar's Rs 650 crore initial public offering opened on July 8, drawing significant investor interest. The issue was fully subscribed within hours, with strong demand from non-institutional investors. Retail investors also responded positively to the offering, which is an Offer for Sale. The company's shares are…

The Economic Times

Knack Packaging shares list at up to 11% premium over IPO price on NSE, BSE

Knack Packaging shares debuted strongly on D-Street, listing at a premium. The company's initial public offering received an overwhelming response from investors. Qualified Institutional Buyers and Non-Institutional Investors showed significant interest. Knack Packaging plans to utilize IPO proceeds for a new manufacturing facility. The company reported healthy financial growth in…

The Economic Times

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FIFA World Cup 2026 Quarterfinal Fixtures: Full schedule, teams, date, time and match details

The FIFA World Cup 2026 quarterfinal matchups are now set. Argentina and Switzerland secured the final two spots in the tournament's final eight. France will face Morocco in the opening quarterfinal match. Spain will take on Belgium in the second quarterfinal game. Norway will meet England in a highly anticipated…

The Economic Times

Google Cloud’s big India AI bet; Swiggy crosses key ownership threshold

Google Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This and more in today’s ETtech Morning Dispatch.

The Economic Times

FIFA suspended two US men's national team staffers for Belgium game

FIFA suspended two U.S. men's national team staff members before Monday's match. Team manager Sam Zapatka and security vice president Frank Pannell faced sanctions. These suspensions were reportedly for violating FIFA match protocols and unauthorized access. The U.S. Soccer Federation did not specify the exact reason for the punishments. The…

The Economic Times

Gold eases as fresh US-Iran tensions lift oil prices, rate-hike bets

Gold prices fell to a near-weekly low as U.S. strikes on Iran boosted oil and the dollar. Higher interest rate expectations are pressuring the non-yielding precious metal. China's central bank reported its largest monthly gold reserve increase in over two years. Hong Kong authorities unveiled measures to bolster currency and…

The Economic Times

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Missed your term insurance premium? Here's what happens to your policy, claim, and life cover

Missing a term insurance premium does not immediately cancel coverage. A grace period allows payment, and nominees receive benefits if death occurs. Unpaid premiums after the grace period cause the policy to lapse, stopping life cover. Lapsed policies can be revived within five years, often requiring health checks.

The Economic Times

Indian Navy secures safe passage for crude tanker Omega Trader through Hormuz

India and the Indian Navy have secured the safe passage of the Omega Trader tanker. This vessel carries 23 crew members, including 15 Indian nationals, to Sikka in Gujarat. The development occurs amid heightened security concerns in the Strait of Hormuz region. Recent attacks on commercial vessels have escalated tensions…

The Economic Times

D-Street set for a negative opening as GIFT Nifty trades lower

Domestic markets ended lower after a four-session winning streak on Tuesday. Profit booking and weakness in Realty and Metals stocks impacted market sentiment. Foreign portfolio investors bought shares, while domestic institutional investors sold them. The Indian rupee saw its biggest single-session gain in three weeks. Investor focus remains on business…

The Economic Times

Switzerland beat Colombia to reach FIFA World Cup quarter-finals

Switzerland secured a World Cup quarter-final spot after a penalty shootout victory over Colombia. The match remained goalless through normal and extra time, leading to the decisive kicks. Goalkeeper Gregor Kobel made a crucial save which ultimately propelled the Swiss team forward. This marks Switzerland's first quarter-final appearance since hosting…

The Economic Times

Pakistan cargo plane missing off Karachi; search underway

A Pakistan cargo plane lost contact Tuesday night after reporting navigational issues. The aircraft experienced sharp altitude changes before a steep final descent. Early flight data indicated the plane possibly crashed into the sea. Authorities have launched a coordinated search and rescue operation at sea. The missing plane was en…

The Economic Times

Global Market Today: Oil rises, Asian stocks steady as US strikes Iran

Oil prices surged as the United States conducted airstrikes and revoked waivers for Iran. Asian stocks remained largely unchanged while investors assessed the geopolitical situation. S&P 500 and Nasdaq futures showed slight gains after earlier declines in US markets. Renewed tensions risk energy market disruptions and undermine the recent US-Iran…

The Economic Times

Iran vows 'crushing response' after US strikes around Strait of Hormuz

Iran has vowed a crushing response to fresh United States attacks. State media reported multiple explosions across the Strait of Hormuz region. The United States revoked a temporary sanctions waiver on Iranian oil sales. Three commercial tankers were struck in the Strait of Hormuz. These incidents occurred off the coast…

The Economic Times

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The Economic Times

How to strengthen Indian rupee without a rate hike

The Indian Rupee has depreciated significantly against the US Dollar since early 2025. Measures were introduced to boost capital inflows and support the currency. The Reserve Bank of India has intervened heavily in foreign exchange markets. A proposed foreign exchange cash reserve ratio could resolve currency leads and lags. This…

The Economic Times

US reinstates sanctions on Iranian oil sales after LNG, oil tanker attacks

United States reimposed sanctions on Iranian oil sales Tuesday. This action followed attacks on vessels in the Strait of Hormuz. The U.S. Treasury had previously authorized sales until August 21. Tuesday's revocation shortens this wind-down period to July 17. Oil prices rose more than five percent after the announcement.

The Economic Times

Dollar at week-high after US resumes attacks on Iran

The dollar reached its highest weekly level against peers amid renewed U.S. strikes on Iran. Geopolitical tensions escalated, and oil prices saw an increase following the attacks. Concerns over peace deal stability reemerged after Iran's actions in the Strait of Hormuz. Global yields jumped higher as inflation outlook worries intensified…

The Economic Times

US resumes strikes on Iran with over 80 targets hit; revokes oil waiver

United States forces launched strikes targeting over eighty Iranian military sites. These actions followed attacks on three commercial vessels near the Strait of Hormuz. Iran's foreign ministry issued a warning of retaliation for the military action. Washington also revoked an oil license which had allowed Iran to sell crude. Oil…

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The Economic Times

US oil prices jump after US military launches strikes against Iran

U.S. oil prices increased significantly after military strikes against Iran. These actions followed Iranian attacks on three commercial vessels in the Strait of Hormuz. A Qatari liquefied natural gas tanker reported being struck by a drone. Maritime security sources indicated a Saudi-flagged crude oil tanker was also damaged. Fears of…

The Economic Times

Stocks in news: Adani Enterprises, Cochin Shipyard, IDFC First Bank, Premier Energies, Glenmark Pharma

Markets traded subdued on the weekly expiry day, with indices ending marginally lower. Cochin Shipyard's offer for sale saw strong investor demand on its first day. Adani Enterprises' US legal case faces a likely dismissal by federal prosecutors. IDFC First Bank launched provident fund payment services through its EPFO integration.…

The Economic Times

Psychology says people who believe in doing charity anonymously aren't seeking recognition for every act of kindness: What the behavior reveals?

Psychology says people who believe in doing charity anonymously aren't always driven by the same reason. Research shows that anonymous donors usually fall into different psychological groups. Some value humility, some avoid social pressure, and others prefer to keep attention away from themselves. Studies also show that anonymous giving still…

The Economic Times

Best advice for life by Jack Welch: 'Management is all about managing in the short term, while developing the plans for the...' - motivational life lessons by former CEO of General Electric (GE) on leadership, planning and how managing today can help you build a better tomorrow

Life lessons by Jack Welch: Jack Welch emphasized managing today while planning for tomorrow. He believed lasting success requires disciplined action and thoughtful future planning. This advice applies to careers, finances, and personal growth for everyone. Welch's own career saw GE's market value grow significantly during his tenure.

The Economic Times

The Best Advice For Life By Henry Ford: 'Whenever you get the idea that you are ‘fixed’ for life, you’d better get ready for a...'- A powerful life lesson by the American industrialist that will change how you see success

The Best Advice For Life By Henry Ford: Henry Ford's advice highlights life's constant evolution and the need for adaptability. He believed that believing things are fixed invites sudden and unexpected changes. Ford himself experienced setbacks before founding Ford Motor Company and revolutionizing industry. This timeless wisdom remains crucial for…

The Economic Times

Psychology says people who spend money as they earn aren't irresponsible: What this spending habit may reveal?

Psychology says people who spend money as they earn aren't always making careless financial decisions. Psychology explains that spending habits are shaped by emotions, rewards, personal beliefs, life experiences, and financial situations. Some people value present needs more than future savings, while others spend to reduce stress or celebrate achievements.…

The Economic Times

Quote of the day by Carl Friedrich Gauss: 'It is not knowledge, but the act of learning, not possession but the act of...' - German physicist and mathematian teaches life lessons on why learning brings more job than achievement and why you must stop chasing results

Carl Friedrich Gauss quote today: Carl Friedrich Gauss emphasized the joy found in the learning process itself. He believed the act of acquiring knowledge offers greater fulfillment than possession. Gauss, a renowned German mathematician, made significant contributions to various scientific fields.

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