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The Latest Breaking News from The Economic Times

Two more Air India pilots fail drug test after Phuket-Delhi flight incident

Two more Air India pilots failed preliminary drug tests following a recent incident. Air India mandated psychoactive substance screening for all its pilots after a previous positive test. The captain of the Phuket-Delhi flight claimed prescribed sleeping pills caused his positive result. Over 400 pilots have undergone this new internal…

The Economic Times

Building for scale, security and privacy: Inside PhonePe’s AI playbook

As AI capabilities become more deeply embedded across products and platforms, the interface itself becomes less visible. What matters is whether people can express what they want to do, in their own language, in their own way, and get the result they are looking for.

The Economic Times

iPhone overheating & network issues: Court orders Apple India to pay customer Rs 45,500 refund plus compensation & legal costs

A Haryana consumer commission has ordered Apple India to refund Rs 45,500 for a faulty iPhone 15. The device allegedly suffered repeated overheating and connectivity issues after purchase. Apple denied any manufacturing defect and attributed the problems to alleged unauthorised modifications to the handset. However, the commission found insufficient technical…

The Economic Times

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Global Market: AI investment story shifts from spending to picking the winners

The AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and neocloud providers remain key beneficiaries, but investors increasingly prioritise profitability, valuations and infrastructure control. As computing capacity expands, companies with strong balance sheets, customer relationships and diversified technology ecosystems may capture the biggest…

The Economic Times

Alibaba to sell Lingxi Games in more than $2 billion deal, source says

Alibaba and Trustar have reached a formal agreement after several rounds of talks, according to an internal memo sent to Lingxi staff on Monday by the game developer's CEO Zhou Bingshu and reviewed by Reuters.

The Economic Times

Social Security payment dates 2026: Next checks arrive on August 19 and 26; see who gets paid

Social Security payments continue through August 2026 for eligible beneficiaries. SSI recipients received their August payment early on July thirty-first. Retirement and SSDI payments are based on birth dates for most recipients. The 2026 benefits include a two point eight percent cost-of-living adjustment. Beneficiaries should wait three business days if…

The Economic Times

Saudi Arabia clarifies rules for one-year multiple-entry Umrah visa

Saudi Arabia’s one-year multiple-entry Umrah visa allows several visits with a cumulative stay of up to 90 days. However, pilgrims need a new approved service package and Umrah permit for each trip, and the visa cannot be used during Hajj 2027.

The Economic Times

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Global Market: Emerging Asian currencies rise as softer dollar supports regional markets

Emerging Asian currencies gained on Monday as a weaker US dollar supported regional markets, with Taiwan and Thailand leading gains. Investors also assessed Japan’s slower growth, Malaysia’s inflation data and upcoming Bank Indonesia policy decision, while Middle East tensions and shifting US rate expectations remained key factors for regional markets.

The Economic Times

Inside India's post-Sindoor defence overhaul: Bigger budgets, new formations and record exports

Operation Sindoor tested India's military capabilities against Pakistan in May 2025. The nation has since focused on enhancing its defense systems and strategic partnerships. New indigenous technologies and expanded defense production are key developments. India is also strengthening its cyber defenses and intelligence gathering capabilities. These efforts aim to bolster…

The Economic Times

Apartment owners can't stop residents of another housing society from using common amenities if sale deed allows it, rules Karnataka HC

Apartment owners have no exclusive rights over common amenities if they signed sale deed containing a clause giving consent to sharing them with another housing society, rules Karnataka High Court. Read the article to know why the homeowners lost the case.

The Economic Times

Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast: Report

Wall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company forecasts remarkable revenue increases by 2028, which is pivotal for investor confidence. Revenue multiples derived from these forward-looking projections are being employed, with comparable companies such as Palantir and…

The Economic Times

Molbio Diagnostics shares rally 6% after strong debut. What should investors do?

Molbio Diagnostics made a strong debut, beating grey market expectations. Experts remain positive on the company’s molecular diagnostics leadership, expansion strategy and industry prospects, though they advise caution after the sharp initial gains and suggest a Rs 900 stop-loss.

The Economic Times

Tired of potholes? Bengaluru techie builds AI-powered app that detects damaged roads and identifies contractors

A Bengaluru techie has developed an AI-powered app that can detect potholes using a dashcam, GPS and an accelerometer, then identify the contractor responsible for the affected road by checking government contracts. The system detected 12 potholes during one of his daily commutes.

The Economic Times

How to clean tarnished copper using a simple bottle of ketchup kept on your kitchen shelf? Experts explain the science behind preventing oxidation for good

Copper tarnish results from a natural chemical reaction with its environment. The acid found in ordinary tomato ketchup effectively removes this tarnish. Always test a small, hidden spot before cleaning your copper items. After applying and gently polishing, rinse and dry the copper thoroughly. Sealing with oil or wax helps…

The Economic Times

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The Economic Times

Sebi chief Tuhin Kanta Pandey says CAS here to stay, will study concerns over rollout

Sebi Chairman Tuhin Kanta Pandey says the closing auction session (CAS) is here to stay, even as the regulator reviews concerns over its implementation. Launched on August 3, CAS has triggered sharp moves in the final minutes of trading and raised concerns over legacy systems, order placement and derivative positions.…

The Economic Times

Sudhanshu Trivedi hits out at Congress over its stand on 'Dimagi Naxal' remark

BJP spokesperson Sudhanshu Trivedi questioned Congress's position on Naxalism. He contrasted P Chidambaram's recent statement with Manmohan Singh's 2006 assessment. Trivedi asked which assessment Congress now considered correct. This exchange follows Prime Minister Modi's Independence Day remarks on Naxal mentality.

The Economic Times

Accenture CEO Julie Sweet has a vacation request for employees: Staff can skip using leave in August & carry it forward as company wants strong Q4 finish

Accenture CEO Julie Sweet is urging employees to boost the company's fourth quarter performance. A temporary vacation policy change allows staff to carry unused leave into the next financial year. This move aims to keep more employees available during the crucial August sales period. The company seeks to strengthen sales…

The Economic Times

Man fails to get any suitable marriage match from matrimonial website: Paid Rs 25,900 for 100 contacts but received only 51; consumer commission orders Rs 20,000 payout

M4Marry.com, a matrimonial portal run by Malayala Manorama, has been ordered to pay Rs 20,000 to a Kerala man after a consumer commission found it delivered only 51 of the 100 contacts it promised for Rs 25,960, leaving him without a suitable marriage match. The state commission modified a lower…

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The Economic Times

India's power system just passed a historic tipping point

India’s clean energy capacity has crossed fossil-fuel capacity for the first time, with 331.7 GW of clean capacity versus 302 GW of fossil-fuel capacity, according to Ember and Global Energy Monitor data. However, coal still dominates electricity generation, supplying around 70% of India’s power, because coal plants can operate continuously…

The Economic Times

India envoy hopes Bangladesh PM Tarique Rahman visits Delhi ‘much sooner’

Indian envoy Dinesh Trivedi emphasized dialogue for resolving bilateral challenges between neighbors. He expressed hope that Prime Minister Tarique Rahman's India visit should occur much sooner. Uncertainty surrounds the proposed visit amid recent strains in bilateral ties. Officials have been in contact for weeks, seeking a propitious environment for the…

The Economic Times

Draft SHANTI Rules 2026: Government proposes nuclear liability, insurance framework for operators

New SHANTI Rules 2026 propose strict no-fault liability for nuclear operators. Operators must maintain insurance and financial security for extended periods. The rules expand nuclear technology applications beyond electricity generation. Financial arrangements will cover the entire lifecycle of nuclear installations.

The Economic Times

Yogi Adityanath calls youth UP’s ‘biggest asset’, urges them to link personal goals with nation-building

Uttar Pradesh Chief Minister Yogi Adityanath highlighted youth as the state's greatest asset. He urged young people to utilize available opportunities for personal and national growth. Historical figures and freedom fighters were cited as examples of youthful contributions. The government is providing opportunities in education, skills, and employment for progress.

The Economic Times

SIDBI backing is a ‘huge stamp of credibility’ for Cedar Hill Capital: Sahil Anand

SIDBI’s backing of Cedar Hill Capital’s fund marks a strong vote of confidence in its strategy of investing in AI-first enterprise FinTech, Managing Partner Sahil Anand says.

The Economic Times

In 1954, a meteorite crashed through an Alabama home and hit Ann Hodges - The rare cosmic event that made her the only confirmed meteorite victim

The year 1954 marked a peculiar chapter in history when Ann Hodges became the only verified person to be struck by a meteorite. As it crashed through her Alabama ceiling and struck her hip, the nearly four-kilogram space rock caused a considerable bruise, catapulting her into the spotlight. This astonishing…

The Economic Times

'Personally meet students': Rahul Gandhi writes to Jharkhand CM Soren, urges him to personally meet protesting students

Rahul Gandhi urged Jharkhand Chief Minister Hemant Soren to meet protesting students. He emphasized the importance of peaceful protest as a democratic right. Students are protesting irregularities in state recruitment examinations conducted by JPSC and JSSC. Discussions are ongoing, and students remain hopeful for a fair education system. Further protests…

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