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The Latest Breaking News from The Economic Times

USS Abraham Lincoln heads home as CENTCOM chief praises crew’s resilience

US Central Command chief Adm Brad Cooper lauded USS Abraham Lincoln sailors for their resilience. He highlighted the aircraft carrier's low mental health cases during its deployment. Cooper's visit occurred amid heightened regional tensions with Iran. The USS Abraham Lincoln is nearing the end of its Arabian Sea operations. This…

The Economic Times

Quote of the day by Hugh Jackman: 'Instead of setting goals, seek...' Life lessons from inspiring quote on vulnerability, action, ambition, true growth and courage

Quote of the day by Hugh Jackman focuses on defining moments, risk, vulnerability and courage. Hugh Jackman says people should look beyond goals and pay attention to situations that test them under pressure. His words suggest that growth can come from taking action, accepting failure, facing others and making decisions…

The Economic Times

Cardamom or pan masala? Why Shah Rukh Khan, Ajay Devgn, Tiger Shroff face FDA action over Vimal ads

Maharashtra’s Food and Drug Administration has warned Shah Rukh Khan, Ajay Devgn and Tiger Shroff over advertisements for Vimal cardamoms, saying the brand is largely associated with prohibited pan masala. The actors have been asked to explain their endorsements within 15 days and remove the advertisements from social media.

The Economic Times

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Quote of the day by George Sand, 'There is only one happiness in this life, to love and be loved' offers timeless wisdom, life advice on inner peace, optimism, acceptance, gratitude, validation, shows psychology of positive mindset

Quote of the day by George Sand offers a simple but profound reflection on what makes life emotionally meaningful. Love is not a guarantee of a perfect existence, and being loved does not eliminate pain, disappointment, or uncertainty. Yet genuine affection can give people something that achievements alone cannot always…

The Economic Times

In 130 days, deep beneath the Ore Mountains bacteria turned uranium-contaminated mine water into a chemical trap, removing 95% of the dissolved metal and forming a rare compound that can remain stable for decades

Deep underground, bacteria may offer a new answer to uranium contamination. In a 130-day laboratory experiment, microbes fed with glycerol removed about 95% of dissolved uranium from contaminated mine water. The bacteria did more than trap the radioactive metal. They helped form FeU(V)O₄, a rare and unusually stable uranium compound.…

The Economic Times

Fascinated by the word “biomass,” a seventh-grader in Texas made algae produce 77% more biofuel oils in just five days with a simple vitamin-and-salt experiment

In an innovative study, a budding student fascinated by the word 'biomass' delved into the promising world of algae as a source of biofuel. Remarkably, the introduction of vitamins accelerated the growth of algae, while adding salt significantly heightened lipid levels. The synergy from combining both treatments led to an…

The Economic Times

Karuppu star Suriya lives with wife Jyotika in a reported Rs 200 crore Chennai bungalow featuring lavish interiors, rare artworks, antique décor, a sprawling garden, an ornate private temple and a boutique-style walk-in closet

Suriya and Jyotika's Chennai home blends luxury with personal touches. The sprawling bungalow features grand interiors and a peaceful landscaped garden. Their residence also includes an ornate in-house temple for family rituals. Suriya's suits are organized by film roles, reflecting his cinematic legacy. His latest film, Vishwanth and Sons, has…

The Economic Times

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Dubai launches first accredited Bachelor of Music programme with AI focus; course to begin in September

Dubai is set to offer its first accredited Bachelor of Music programme starting September 2026. This new course focuses on contemporary and electronic music, covering production and business. Students will gain practical experience in professional studios and work on industry projects. Artificial intelligence in music creation will also be a…

The Economic Times

USS Benfold lost power in South China Sea, leaving crew of the US Navy warship without toilets, hot food and AC for 4 days

After enduring a four-day power outage in the South China Sea, the USS Benfold found itself in a precarious situation, lacking vital services like toilets and air conditioning. Other American naval ships came to the rescue, supplying food and assistance while engineers scrambled to restore power. Eventually, the destroyer was…

The Economic Times

Trump threatens to 'bomb' Oman if they get in way of Hormuz deal

US President Donald Trump has threatened military action against Oman if it interferes with the US blockade of Iranian ships in the Strait of Hormuz, Fox News reported. Trump said the blockade was putting pressure on Iran but gave no timeline for resolving the conflict, as talks remain stalled.

The Economic Times

Puravankara Q1 Results: Revenue surges 63% to Rs 877 crore; PAT at Rs 25 crore

Puravankara posted impressive Q1 FY27 results with a remarkable twenty-eight percent rise in pre-sales. Year-on-year, total revenue soared sixty-three percent, hitting eight hundred seventy-seven crore. Profit after tax rebounded to a positive figure, showcasing a strong turnaround from the previous year. The company successfully delivered seven hundred forty-five homes, sustaining…

The Economic Times

Ferrari’s first electric car sells for $40 million at auction, nearly 40 times its $1.1 million estimate

In a landmark auction, Ferrari's debut electric car, the 2026 Ferrari Luce, achieved a staggering $40 million, setting a new precedent in charity sales. This unique model, recognized as the first production chassis, far surpassed expectations and will aid The Ferrari Foundation's initiatives. The fortunate buyer awaits delivery in early…

The Economic Times

Market opportunity for REITs and InvITs is set to increase 2-3x from the existing AUM by 2030: Report

India's Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) could expand two to three times from the existing assets under management (AUM) by 2030, supported by low penetration across several infrastructure segments, according to an Ionic Wealth chartbook.

The Economic Times

Quote of the Day by Bruce Lee: “Loneliness is only an opportunity to… – Inspiring lessons on solitude, awareness, freedom, independence and why Sometimes you need to be alone to find yourself by the Jeet Kune Do founder known for his powerful performances and deep insights on human nature and life’s challenges

Quote of the Day by Bruce Lee: Bruce Lee’s quote, “Loneliness is only an opportunity to cut adrift and find yourself. In solitude you are least alone” explores the importance of self-discovery and finding strength within oneself. The quote suggests that being alone does not always have to be painful…

The Economic Times

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India bonds sink on RBI's early close of FX swap facility

The Indian government bond market experienced a dip in demand on Monday, leading to higher yields. In an unexpected move, the central bank accelerated the deadline for its diaspora deposit swap program. This decision came after robust foreign deposit inflows from banks. As policymakers weighed domestic liquidity impacts and borrowing…

The Economic Times

Laurie MacDougall Sookraj makes history as only Canadian woman to lift Scotland’s 733-pound Dinnie Stones after first failed attempt and a year of gruelling training. Watch video

Laurie MacDougall Sookraj has made history at the Aboyne Highland Games by successfully lifting the renowned Scotland’s 733-pound Dinnie Stones. With this incredible achievement, she becomes the first Canadian woman to conquer this challenge. After a year of rigorous preparation focused on strength and technique, she joins the elite group…

The Economic Times

Quote of the Day by Bradley Cooper: “The hardest part of becoming the person you want to be is...” — a powerful life lesson on perseverance, resilience, optimism, determination and why hope matters most when effort alone cannot guarantee the outcome, from the Oscar-nominated actor and filmmaker

Quote of the Day by Bradley Cooper: Bradley Cooper’s quote, “The hardest part of becoming the person you want to be is accepting that you may have to leave behind the person everyone else expects you to remain.” True personal evolution requires breaking the quiet contract we make with other…

The Economic Times

Transgender ID cards will remain valid till pleas against new law decided: Centre tells SC

The Centre assured the Supreme Court that transgender identity cards issued earlier will remain valid. This assurance comes after petitions challenged the Transgender Persons (Protection of Rights) Amendment Act, 2026. The government stated it will file its response to the petitions soon. The court will hear the pleas for final…

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The Economic Times

Cong must apologise to family of Manmohan Singh who termed Maoists single biggest threat: Rijiju

Union minister Kiren Rijiju criticized Congress MP P Chidambaram's recent remarks. He demanded an apology to Manmohan Singh's family for the 'Dimagi Naxal' comment. Prime Minister Narendra Modi had used the term in his Independence Day speech. Rijiju clarified the Prime Minister's statement targeted supporters of Maoists and separatists. The…

The Economic Times

India's state-owned KABIL expects to start lithium production in Argentina in 4-5 years

India's KABIL expects lithium extraction in Argentina within five years. The company signed a lithium exploration pact for five blocks in Argentina. KABIL is evaluating seven additional lithium brine blocks offered by Argentina. Discussions are also underway for lithium projects in Jujuy and Salta provinces. The firm is also exploring…

The Economic Times

In 1905, Hawaii introduced mosquitofish to fight mosquitoes. More than 100 years later, the fish is threatening native wildlife

An invasive species, mosquitofish, introduced to Hawaii in 1905 poses a significant threat to the islands' native freshwater ecosystem. These aggressive fish not only prey on native damselflies but also compete with the unique gobies for essential food resources. Rapid reproduction and dietary adaptability exacerbate the situation. Conservation efforts are…

The Economic Times

‘If airlines are not complying, ground them’: SC pushes Centre to finalise aviation rules

The Centre informed the Supreme Court about fast-tracking new aviation rules. These rules under Bharatiya Vayuyan Adhiniyam, 2024, will be finalized within three weeks. The court urged the government to publish the draft rules within seven days. A social activist's plea seeks a robust regulator for passenger protection.

The Economic Times

India set for record soyoil imports as Russia-Ukraine war disrupts sunflower shipments

India's soyoil imports are expected to reach a record 620,000 metric tons in August, about 46% above the current marketing year's monthly average, as competitive prices and disruptions to sunflower oil shipments from the Black Sea encourage refiners to increase soyoil purchases ahead of festive demand, traders said.

The Economic Times

School holiday August 18, 2026: Will schools remain closed on Monday? From J&K, Delhi, Himachal Pradesh, UP to Maharashtra, check rain alerts & state-wise updates

School holiday news: Monsoon rains are expected to continue across several parts of India. Students and parents are watching for possible school closures on Tuesday, August 18. Heavy to extremely heavy showers are forecast for some regions by the IMD. Local authorities will decide on school holidays based on weather…

The Economic Times

Qatar launches new UPI route to send money to India

Qatar Post, in partnership with India Post, has launched PosTransfer, a new remittance service aimed at simplifying money transfers. This service focuses on enabling direct transactions to UPI-linked bank accounts in India, with transfer amounts ranging from QAR 10 to QAR 4,000 for a nominal flat fee. This collaboration not…

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