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The Latest Breaking News from The Economic Times

Canara Bank recovers loan by emptying account on a Sunday: Woman says money was debited without consent; court orders Rs 45,000 payout

A Kerala consumer commission has ordered Canara Bank to pay Rs 45,000 in compensation and costs after it automatically debited Rs 53,463 from a woman's savings account on a Sunday to recover a gold loan, without her consent and without first invoking its right to sell the pledged gold ornaments…

The Economic Times

Air India starts Easy Connect flights from Amritsar to 27 international destinations

Air India has launched Easy Connect services from Amritsar, allowing international passengers to complete through check-in and immigration at the city before connecting via Delhi. The flights offer seamless access to 27 overseas destinations, including the US, Canada, UK and Australia, under the government's hub-and-spoke aviation strategy.

The Economic Times

Air India starts Easy Connect flights from Amritsar to 27 international destinations

The Economic Times

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Uttarakhand: Char Dham Yatra suspended for two days

The Char Dham Yatra has been suspended for Tuesday and Wednesday after landslides blocked several pilgrimage routes and the weather department issued a heavy rainfall alert. Authorities said the decision was taken to ensure pilgrims' safety, with the yatra set to resume once weather conditions improve and routes are cleared.

The Economic Times

Congress MPs submit notices in both houses for discussion on police action during student protests

Congress party members have initiated notices seeking a parliamentary dialogue concerning the alleged excessive police force used during protests. They're pressing for answers from the Home Minister about the controversial incident involving lathi-charges, tear gas, and pellet guns purportedly deployed against students. The notices underscore distressing reports of violence against…

The Economic Times

Asia's thermal coal imports continue to rebound, except for India

Asia's thermal coal imports are expected to rise for a third straight month in July, driven by stronger demand from China, Japan and South Korea during peak summer, Reuters reported. India is the exception, with imports projected to hit an 11-month low as higher coal prices discourage purchases despite record…

The Economic Times

ET Alpha Wealth Summit 2.0: Where will the next wave of wealth creation come from?

The next phase of wealth creation will be shaped by sharper capital allocation, broader investment perspectives and conversations that look beyond market cycles. As Alpha Wealth Summit returns for its second edition, investors will come together to explore the ideas, opportunities and strategies defining the future of wealth.

The Economic Times

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Beyond the podium: The minds behind India's champions at CWG 2026

Coaches and support staff are vital to India's athletic success at the 2026 Commonwealth Games. Their extensive preparation and guidance enable athletes to perform at their highest levels. PT Usha emphasized coaches as strong pillars supporting every successful sporting campaign. Vijay Sharma's work with Mirabai Chanu Saikhom exemplifies this crucial…

The Economic Times

US-mediated Israel-Lebanon talks set for August 4-6 in Rome

The US State Department confirmed Monday that the next round of talks between Israel and Lebanon will be held in Rome on August 4 through 6, as Israel prepares to withdraw from two "pilot zones" in southern Lebanon. Italian Foreign Minister Antonio Tajani first announced the next round of US-on…

The Economic Times

HSBC wins $5.5 billion of NRI deposits via leveraged strategy

HSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, outpacing global rivals. The strategy has helped attract diaspora wealth, contributing to the roughly $32 billion raised by Indian banks through foreign currency deposits.

The Economic Times

Nvidia behind $50 billion lease on Texas data center, FT reports

In an impressive move, Nvidia is reportedly set to lease Hut 8's data center in Texas, with the value of the arrangement potentially soaring to fifty billion dollars in the future. This state-of-the-art campus is designed to facilitate extensive artificial intelligence training and operations. Moreover, Nvidia is expected to sublease…

The Economic Times

South Africa launches ETA: Indians can now get digital travel approval in 24-48 hours

South Africa has introduced an Electronic Travel Authorisation system for Indian citizens. This digital authorisation allows short-term visits without needing to visit a visa centre. Eligible travellers can apply online for tourism and business trips up to ninety days. The system is currently available for specific airports and will expand…

The Economic Times

'Grit, grip, and glory': Sports Minister Mansukh Mandaviya congratulates Bindyarani on CWG 2026 bronze

Devi after she clinched the bronze medal in the women's 58kg event at the 2026 Commonwealth Games in Glasgow on Monday, hailing her contribution to India's growing medal tally at the Games.

The Economic Times

HUL shares slide over 6% after weaker-than-expected Q1; PAT dips 3% to Rs 2,673 crore on one-time credit

Shares of Hindustan Unilever dipped more than six percent after first-quarter earnings reports revealed an unexpected dip in net profit by three percent due to earlier tax credits. Yet, revenue from operations climbed ten percent year-on-year, totaling seventeen thousand crore rupees. The company's Home Care and Beauty & Wellbeing divisions…

The Economic Times

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Gold rate today (July 28, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from IBJA, Joyalukkas, Tanishq, Kalyan Jewellers and Malabar Gold & Diamonds in Delhi, Mumbai, Hyderabad, other cities

Gold prices saw a decrease today across major Indian jewellery brands. Rates for 22K gold jewellery varied slightly between Tanishq and other leading jewellers. These rates were observed across major cities like Delhi and Mumbai. The India Bullion and Jewellers Association also provides indicative rates for various gold purities.

The Economic Times

Made by AI? EU tells firms to stick a label on it from Sunday

European Union's new artificial intelligence rules mandate labeling of AI-generated content. These regulations aim to ensure users can distinguish real online material from synthetic creations. Companies face significant penalties for non-compliance with these transparency requirements. Major technology firms are already implementing their own labeling systems in anticipation. The EU's comprehensive…

The Economic Times

Meta claims PM post removed from Facebook due to Tech Glitch

In a recent turn of events, Meta reinstated Prime Minister Modi's video that had been unintentionally removed due to a technical glitch. The video tackled crucial student worries surrounding the irregularities in examination paper leaks. Modi promised decisive government measures and legal reforms to combat these issues, unveiling a proposed…

The Economic Times

A misdiagnosis of US failings leaves Donald Trump stuck in Iran

Donald Trump’s Iran strategy has reached a dead end despite repeated military threats, exposing the limits of US power. America’s inability to force Iran into submission stems from a technological shift in modern warfare, where drones, satellites and precision weapons have empowered weaker nations, making traditional US military dominance increasingly…

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The Economic Times

Mamdani says not interested in 'back-and-forth' with Netanyahu, says protecting Jewish New Yorkers a 'top priority'

New York City Mayor Zohran Mamdani stated he would not engage with Israeli Prime Minister Benjamin Netanyahu's criticisms. Netanyahu accused Mamdani of fomenting hate and creating fear among Jewish New Yorkers. Mamdani emphasized his priority is ensuring the safety of all New Yorkers, especially Jewish residents. Netanyahu plans to visit…

The Economic Times

Israeli PM Benjamin Netanyahu heads to US for first Trump meeting since Iran war

Israeli Prime Minister Benjamin Netanyahu will meet US President Donald Trump at the White House on Tuesday for talks focused on Iran, regional security and the Middle East. The meeting comes amid reports of recent tensions between the two leaders, who are expected to discuss Lebanon, Gaza and the expansion…

The Economic Times

Godfrey Phillips shares fall 6% as Q1 net profit declines over 44% amid tax-led price increase

Godfrey Phillips reported a 44.3% year-on-year decline in June-quarter net profit as higher excise duty weighed on earnings, even as gross revenue and total income more than doubled. The cigarette maker said domestic cigarette volumes remained resilient despite a tax-led price increase, while highlighting concerns over the rise in illicit…

The Economic Times

Global Market: Japan’s Nikkei plunges over 4% as chip stocks track global tech selloff

Japan's Nikkei index tumbled over 4% on Tuesday to a two-month low, led by a deep selloff in semiconductor and AI-related stocks following losses on Wall Street. Major chipmakers including Kioxia, Tokyo Electron, and Advantest saw sharp declines as cautious investors reassessed valuations ahead of major technology earnings.

The Economic Times

French jet engine maker Safran raises targets after record first-half margin

French jet engine maker Safran reported strong first-half profits. This performance led the company to raise its financial targets. Demand for spare parts significantly boosted operating margins for Safran. The company's core Propulsion division saw substantial earnings growth. Safran now anticipates higher full-year revenue and profit figures.

The Economic Times

Employee wrongly declared Rs 14 lakh Australian salary in Indian ITR: ITAT grants tax relief but denies Rs 3.4 lakh foreign tax credit

Employee mistakenly declared Rs 14 lakh Australia salary in Indian ITR, later sought Rs 3.4 lakh foreign tax credit in India for tax paid in Australia; ITAT gives him full tax exemption on salary but denies Rs 3.4 lakh foreign tax credit. Know how employee won the fight in ITAT…

The Economic Times

Houthis pushing to model Iran's Hormuz control in Red Sea, Yemeni FM says

Yemen's top diplomat stated Houthis aim to replicate Iran's Strait of Hormuz strategy. This action could disrupt shipping in the Bab el-Mandeb and Red Sea gateways. The Red Sea has become a new front in the Iran war, with escalatory approaches. Saudi Arabia responded with airstrikes and vowed to protect…

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