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The Latest Breaking News from The Economic Times

Cadence raises annual forecasts as demand booms for AI chip design

Cadence now expects 2026 revenue to be ⁠between $6.26 billion ‌and $6.34 billion, up from its prior projection of $6.13 billion to $6.23 billion. Demand has risen sharply for Cadence's software as chipmakers and technology companies develop increasingly sophisticated systems-on-chip (SoCs) and AI accelerators.

The Economic Times

Weather Jammu Today, July 28, 2026: Rain alert for Jammu, Srinagar, Katra and Udhampur, check latest updates

Jammu and Kashmir anticipates cloudy skies and moderate rainfall across several regions. Northern Railway has initiated special train services to aid stranded tourists and pilgrims. These trains offer a safe travel alternative amid ongoing road disruptions and landslides. Over fifteen hundred passengers have utilized these special train services for their…

The Economic Times

'Dharmendra Pradhan is symbol of corruption': Rahul Gandhi

Rahul Gandhi criticized the BJP for honoring Dharmendra Pradhan in Parliament. He stated Pradhan symbolizes corruption and India's ruined education system. Pradhan resigned following widespread protests over alleged examination paper leaks. The government introduced a bill to prevent unfair means in public examinations. Students are watching and will remember those…

The Economic Times

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SIR enumeration forms haven't reached even 50% of residents in Delhi's villages, unauthorised colonies, says AAP

The Aam Aadmi Party claims widespread issues with voter list revisions in Delhi. Many residents in villages and unauthorized colonies did not receive enumeration forms. The party alleges that BLOs are instructed to mark voters as shifted, deleting their names. This exercise has already led to the deletion of millions…

The Economic Times

Paris knife attack: Man held after stabbing three women, terror probe considered

French police detained a man after he attacked three women with kitchen knives. Bystanders and an off-duty officer bravely intervened to stop the violent assault. Two of the victims sustained serious injuries during the shocking incident near Porte de Clichy. The suspect, who made incoherent statements, is under investigation by…

The Economic Times

Iranian drone strikes hit northern Iraq, explosions reported near US Consulate in Erbil

Iranian drones struck multiple locations in Iraq's Erbil region early Tuesday. These attacks triggered large fires and several explosions near the US Consulate. Separately, the Khor Mor gas field in Sulaymaniyah also came under attack. This military activity intensified across northern and western Iraq. The strikes occurred after US President…

The Economic Times

AI cameras spot suicide attempts in South Korea's capital

The artificial intelligence-driven surveillance system alerts first responders if someone lingers in certain locations, enters an area deemed unsafe or picks up one of the bridges' dedicated suicide-prevention phones. Emergency crews can reach most bridges within five minutes, the critical window to intervene and save a life, he said.

The Economic Times

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Trump says US isn't involved in Houthis-Saudi Arabia conflict, but it 'may' step in

President Trump stated the United States is not currently involved in the Saudi-Houthi conflict. He mentioned ongoing negotiations with Saudi Arabia regarding a civil nuclear deal. Trump reiterated that Saudi Arabia must join the Abraham Accords for the deal. This normalization agreement with Israel is considered very important for the…

The Economic Times

India set for action-packed day at Commonwealth Games; Here's what's in store today

Indian athletes continue their Commonwealth Games 2026 campaign in Glasgow today. Several athletes will compete in finals across athletics and weightlifting events. Indian boxers are set to participate in their respective quarterfinal matches. Swimmers will also begin their heats and potentially advance to semifinals. India aims to add to its…

The Economic Times

CJP says, 'govt representatives assured FIR withdrawal, release of detainees in Bihar, Assam'

Taking to X, the CJP chief spokesperson said, "Hours after our press conference, Government's representatives met us. The meeting lasted for 2-3 hours. They shared copies of the Bihar and Assam notifications guaranteeing FIR withdrawals, no action in future, and release of all detainees and arrestees".

The Economic Times

Sarvesh Kushare becomes 1st Indian to win silver in CWG men's high jump

Sarvesh Kushare secured a historic silver medal in the men's high jump event. He became the first Indian to achieve this feat, clearing 2.25 meters. Romaine Beckford of Jamaica won the gold medal on countback after both failed at 2.28 meters. Jack Kimani of England claimed the bronze medal with…

The Economic Times

South Korea’s Kospi tanks 10% despite US-Iran war optimism. Here are 4 reasons why

South Korea's Kospi plunged more than 10% on Tuesday as a global semiconductor sell-off battered technology heavyweights. SK Hynix tumbled 11% after its US-listed shares hit a record low, while Samsung Electronics fell over 9%, triggering market-wide trading curbs. Rising competition from China and weakness in chip stocks further weighed…

The Economic Times

Donald Trump demands Senate to cancel August break until it passes voting bill

President Trump urged Senator John Thune to cancel the Senate's August break. He wants senators to pass a strict proof-of-citizenship voting bill. Republicans currently lack the necessary votes for this legislation. Thune stated he would support canceling the break if a path forward existed. This dispute complicates the Senate's legislative…

The Economic Times

Weather Dehradun: IMD issues orange alert for heavy rain, schools shut in five Uttarakhand districts

Weather Dehradun, schools closed in Uttarakhand: IMD issues orange alert for heavy rain, schools shut in five Uttarakhand districts - Uttarakhand is witnessing intensified monsoon activity, with the IMD issuing an orange alert for heavy to very heavy rainfall across nine districts. Authorities have advised caution amid flash flood risks,…

The Economic Times

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Nifty could deliver low-teen returns as earnings drive next leg of bull market: Anand Rathi AMC

The June-quarter earnings season has now begun, and we will be tracking this closely as results come in, with more insights to follow through the season.

The Economic Times

US, France trade barbs in fight over UN rights chief's second term

The United States delegation exited a UN Security Council session during France's remarks. This action followed accusations of disingenuous grandstanding over French comments comparing the US to authoritarian states. The dispute arose after a vote on extending the UN rights chief's term, which the US opposed. France criticized Washington for…

The Economic Times

Kapil Sibal donates Rs 1 crore to CJP for students booked over protests

Senior advocate Kapil Sibal has contributed one crore rupees to the CJP fund. This fund will provide legal assistance to protestors arrested by Delhi police. The CJP expressed apprehension about criminal cases being filed against students nationwide. Sibal urged advocates across India to contribute to this important cause. A website…

The Economic Times

Gold slips as firm dollar weighs; focus turns to Fed meeting

Gold prices edged lower as the dollar strengthened, impacting bullion values. Markets are closely watching the Federal Reserve's upcoming policy decision for rate clues. President Trump urged the Federal Reserve to lower interest rates for the United States. China's gold imports via Hong Kong saw a significant year-on-year increase in…

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The Economic Times

Sharmila Dhankar's historic gold leads India's ten-medal haul at CWG 2026

India achieved its best Commonwealth Games 2026 performance on Day 5. Sharmila Dhankar won historic gold in women's shot put F57. Several athletes secured silver and bronze medals across various disciplines. Weightlifting contributed three more medals, boosting the overall tally to six. India's medal count reached ten, including two gold,…

The Economic Times

Oil Price Today (July 28): Crude oil dips 10% in two sessions as US, Iran mull peace talks. What are experts saying?

Brent crude futures were down $0.78, or 1%, at $88 a barrel, while US West Texas Intermediate crude fell $0.88, or 1.1%, to $82. Both benchmarks had dropped 1% earlier in the session, touching their lowest levels in more than a week.

The Economic Times

Dollar hits one-month high on lingering chances of Fed hike

The US dollar reached a one-month high as traders considered a potential Federal Reserve rate hike. Falling oil prices offered some relief from inflation concerns, supporting the dollar's strength. Markets are now pricing in a higher chance of a rate increase this week. Other central banks like the Bank of…

The Economic Times

Meta disregarded its own research on teen harm, Tennessee tells jury

The lawsuit, filed by Tennessee Attorney General Jonathan Skrmetti's office, seeks financial penalties and a court order directing Instagram to modify aspects of the platform that the state says are harmful to teens' mental health. If the jury finds the company liable, the trial will enter a second phase before…

The Economic Times

Shot fired outside US consulate in Toronto for second time this year

A gunshot was fired outside the U.S. Consulate in Toronto early Monday morning. Police discovered evidence of a weapon being discharged near the building. This incident follows a similar shooting at the same consulate in March. Authorities are investigating the event and reviewing security measures. The U.S. Embassy and consulates…

The Economic Times

FAA delays flights at New York, Philadelphia airports due to severe weather conditions

Severe weather and air traffic control staffing shortages are impacting flights. The Federal Aviation Administration is slowing air traffic into four major airports. These staffing issues are affecting flights at John F. Kennedy, LaGuardia, and Newark. Flight cancellations and significant ground delays are currently being experienced. The FAA anticipates these…

The Economic Times

Delhi rains: Capital gets showers as IMD issues orange alert; check Noida, Gurugram, Ghaziabad, Faridabad forecast

Delhi rains: Delhi experienced morning rainfall as the IMD issued an orange alert for more showers. Safdarjung recorded 32.4 mm rainfall, while other areas also received significant precipitation. Generally cloudy skies with moderate rain and gusty winds are forecast for the national capital. Temperatures in Delhi are expected to reach…

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