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The Latest Breaking News from The Economic Times

FIFA World Cup 2026 results: Who won yesterday's match between Portugal and Spain?

Spain advanced to the FIFA World Cup 2026 quarter-finals after a narrow 1-0 victory over Portugal. Mikel Merino scored a dramatic injury-time goal to secure the win for Spain. This defeat marked the end of Cristiano Ronaldo's World Cup journey and Portugal's tournament. Spain will now face Belgium in the…

The Economic Times

French court opens door to possible Le Pen presidential run, with ankle tag

A French appeal court upheld Marine Le Pen's conviction for misusing EU funds. The ruling allows her to run for office while serving a jail term. She faces a three-year sentence, with one year under an electronic ankle tag. This sentence may make a presidential campaign logistically difficult for Le…

The Economic Times

Environment ministry removes Bhupendra Yadav's private secretary, three others

The Environment Ministry removed four private secretaries to Union Minister Bhupender Yadav. One private secretary was repatriated on administrative grounds, while others faced termination. These decisions were announced through four separate orders issued on July 3. The orders did not specify the exact reasons for the officials' removals. All four…

The Economic Times

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ACMA banks on govt to work out best tariff deal with US for auto components sector

India's auto components sector hopes for a favorable trade deal with the United States. The US is investigating Indian imports over labor and subsidy concerns. ACMA asserts that Indian labor laws are robust and child labor is absent. The industry body also refutes claims of receiving government subsidies for excess…

The Economic Times

Quote of the Day by Jessica Simpson: "No matter how much money you spend to make yourself beautiful…" – Inspiring lessons on self-love, body image, confidence and why true beauty starts within, from the pop icon known for her music, style, and honesty about womanhood

Quote of the Day by Jessica Simpson: Jessica's quote, "No matter how much money you spend to make yourself beautiful, with all the products, the diets, the plastic surgery, in the end, women need to fall in love with themselves and realize they're wonderfully made," explores the idea that real…

The Economic Times

CBDT clarification: All approvals like Nil or lower TDS certificate and existing tax benefits will continue under Income Tax Act, 2025; Here’s what it means for you

Existing tax benefits and approvals will continue under the Income Tax Act, 2025. Pending applications filed before March 31, 2026, will be processed under the new law. Lower or nil TDS certificates issued previously remain protected and valid. New applications filed after April 1, 2026, will follow the 2025 Act.…

The Economic Times

India climbs global manufacturing rankings amid China+1 shift

India's manufacturing growth has surpassed the global average, positioning it as an emerging leader. This rise is fueled by domestic demand and government initiatives like PLI schemes. Global companies are seeking diversification and resilience in their supply chains. Investor confidence is growing due to sustained reforms and strategic initiatives. India's…

The Economic Times

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Quote of the day by George Soros: "A boom/bust process occurs only when market prices find a way to influence the so-called fundamentals that are supposed to be reflected in market prices."

George Soros observed that market prices influence economic fundamentals. Rising prices attract buyers and encourage business expansion, which alters underlying conditions. This self-reinforcing loop creates boom periods where optimism fuels further price increases. Conversely, falling prices reduce confidence and tighten credit, accelerating downturns. Understanding this interactive system is crucial for…

The Economic Times

Quote of the day by Adele: 'You have to prioritize what you stress about when you have a...' - inspiring life lessons by Grammy-winning singer of Rolling in the Deep and Easy On Me on parenting, handling stress and understanding where to put your energy

Adele quote today: Adele advises parents to prioritize their worries and emotional energy. She suggests focusing on what truly impacts a child's well-being. Modern parents face pressure to be perfect in many areas. Protecting one's peace of mind benefits children greatly. This approach reduces stress and fosters a healthier family…

The Economic Times

Physical AI startup Mowito raises $3 million to teach factory robots by demonstration, not code

Founded in 2024 by Rastogi, Adityanag Nagesh, and Safar V, Mowito builds software designed to run on standard, unmodified industrial robotic arms. It currently operates across Bengaluru and Detroit, supporting customers in automotive and electronics manufacturing. The new capital will fund Mowito's expansion in the United States, growth of its…

The Economic Times

Mumbai school, college & office holiday on July 8: Is there a closure tomorrow? Here's what authorities have said, along with latest IMD weather forecast & BMC update

Mumbai school, college & office holiday on July 8: Mumbai schools are expected to reopen on Wednesday, July 8, as no official holiday has been declared. The India Meteorological Department has downgraded the weather alert to Yellow for the city. Authorities continue to monitor overnight rainfall and the latest weather…

The Economic Times

Expert panel: Release services production index within 60 days

An expert panel recommended monthly compilation of sectoral indices and releasing the ISP within sixty days. This new index will provide a comprehensive monthly measure of India's formal sector. The proposed ISP framework aims to strengthen statistical systems for the services economy. It will complement the Index of Industrial Production…

The Economic Times

What is cyclosporiasis? Growing cyclosporiasis in US outbreak raises concerns in Michigan and Pennsylvania as hundreds fall ill; how long it lasts, how it spreads and the symptoms linked to the Cyclospora parasite

Cyclosporiasis outbreak: Health officials are monitoring a growing cyclosporiasis outbreak across multiple US states. Hundreds of infections have been reported, prompting widespread concern among Americans. This parasitic intestinal illness is caused by consuming contaminated food or water. Symptoms include severe watery diarrhea, weight loss, and fatigue which can last weeks.…

The Economic Times

Germany permanent residency: What it costs and how long it takes

German permanent residency offers indefinite stay for eligible foreign nationals. Application fees range from €113 to €147, with reduced rates for minors. Processing can take several months, including appointment waiting times. Certain groups like EU Blue Card holders can qualify sooner than five years. Skilled workers and graduates may obtain…

The Economic Times

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How Amitabh Bachchan bought land in Ayodhya: Abhinandan Lodha recalls receiving a surprise call around 3 AM; Rs 15 crore reached his account the next morning

How Amitabh Bachchan bought land in Ayodhya: Real estate entrepreneur Abhinandan Lodha has revealed that Amitabh Bachchan personally called him at around 3 am in 2023 to enquire about buying land in Ayodhya. Upon being quoted Rs 15 crore for a 15,000 sq ft plot, Bachchan transferred the full amount…

The Economic Times

Quote of the Day by Clint Eastwood: “If you want a guarantee, buy a toaster. What is life without...?” - Inspiring life lessons on courage, resilience, bold decisions, embracing uncertainty, persistent effort, and meaningful success from the Dirty Harry actor and four-time Academy Award winner

Today's Quote of the Day by Clint Eastwood asks a simple question that could change the way you think about fear, success, and missed opportunities. His timeless words remind us that waiting for certainty can quietly hold us back. Here's the deeper meaning behind the quote and the life lessons…

The Economic Times

Bank of England sees growing risks to financial stability from AI

The Bank of England identifies artificial intelligence as a growing threat to financial stability. Investors are heavily betting on AI's success, increasing banks' cyberattack vulnerability. Previous risks like high debt and credit lending persist alongside new AI dangers. The central bank proposes measures to ease capital requirements for banks after…

The Economic Times

Quote of the day by Heraclitus: 'Those who approach life like a child playing a game, moving and pushing pieces, possess...' Life lessons on curiosity, adaptability, strategy, stress and hidden harmony

Quote of the day by Heraclitus explains how approaching life with the mindset of a child can help people deal with change, make better decisions and reduce stress. The famous Greek philosopher believed that life is always changing and that people gain freedom when they stop resisting it. His words…

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The Economic Times

Cristiano Ronaldo's famous CR7 nickname inspired the name of a galaxy. Here's its origin and how it got its name

Cosmic Redshift 7, a galaxy discovered in 2015, holds significance for early universe study. Its name honors footballer Cristiano Ronaldo's famous nickname, a deliberate astronomical coincidence. This distant galaxy, observed over 800 million years after the Big Bang, is unusually bright. Researchers initially hoped it contained the universe's first stars,…

The Economic Times

Noida opens bidding for 19 kiosks near GIP Mall: Empty shops to be allotted individually; monthly rent charges here

Noida Authority is set to allot 19 kiosks near GIP Mall individually after a bulk lease plan last year found no takers due to high rental requirements. The revised plan lowers monthly rent per kiosk to between Rs 40,000 and Rs 50,000 and reduces the lease term to five years,…

The Economic Times

This European city is the world's most liveable in 2026. Here's where India stands

Copenhagen secured the top spot as the world's most liveable city for 2026. Vienna and Zurich followed closely behind Copenhagen in the global rankings. Indian cities like New Delhi and Mumbai ranked outside the top 100 globally. Global liveability scores remained unchanged, impacted by geopolitical tensions worldwide. Cities facing war…

The Economic Times

India bonds slip as profit booking, higher US yields weigh

After a turbulent trading day, Indian government bonds ended lower on Tuesday. Profit booking led to a notable spike in the 10-year yield, marking its largest climb in more than two weeks. Caution grew among investors due to rising United States yields, heightened geopolitical tensions in the Middle East, and…

The Economic Times

'Send the complaint to the dealer and me': Nitin Gadkari throws down E20 challenge

Union Minister Nitin Gadkari challenged critics to name any car facing issues with E20 petrol. He stated that India's fossil fuel dependence is an economic and environmental burden. Higher ethanol blends reduce reliance on imported crude oil and cut carbon emissions. Ethanol production from corn has generated significant income for…

The Economic Times

Railway Ministry approves recruitment process for 4,098 technical posts to strengthen safety

The Railway Ministry has approved hiring 4,098 technical staff across India. This recruitment aims to strengthen operational safety and improve efficiency significantly. Vacancies will be filled in 35 critical technical categories, including engineers and technicians. Centralised Employment Notifications will be issued from July 21, 2026, onwards. Railway unions welcome this…

The Economic Times

BlackRock to launch Nasdaq-100 ETF as AI rally pulls investors into tech stocks

BlackRock is launching the iShares Nasdaq 100 ETF to capitalize on strong demand for AI-driven technology stocks. The fund will compete with established Nasdaq-100 offerings from Invesco and State Street, expanding BlackRock's lineup of index-based investment products.

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