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The Latest Breaking News from 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

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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

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

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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…

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

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

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

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

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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…

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

Dhoot Transmission makes strong debut at 38% premium. Should investors hold or buy on dips?

Dhoot Transmission made a strong debut, with shares listing at a 38% premium to the ₹871 IPO price, comfortably beating the ~30% gain indicated by its grey market premium. Analysts remain positive on its long-term prospects, citing strong revenue growth, its established wiring harness business and rising EV exposure.

The Economic Times

Schneider Electric Infrastructure shares tumble 12% after Q1 profit plunges 70% YoY

Schneider Electric Infrastructure shares fell sharply on Monday after Q1FY27 net profit plunged 70% YoY to Rs 12 crore despite a 5% rise in revenue. EBIT also declined sharply, while record quarterly order intake of Rs 915 crore and a 32.7% rise in order backlog offered some comfort.

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The Economic Times

US immigration delays worsen and denial rates climb as USCIS backlog surges to 11.3 million

US immigration applicants face longer waits and higher rejection rates as the USCIS backlog reached 11.3 million cases. Average backlog clearance time nearly doubled to 18.6 months, while the overall denial rate rose to 12.2%, with sharper increases in some employment-based categories.

The Economic Times

India should bring back fuel with lower blend of ethanol, chief economic adviser says

CEA suggests offering a lower ethanol fuel blend. This move aims to address widespread consumer anger over the E20 fuel policy. Many car owners have voiced concerns about vehicle performance and potential damage. The adviser noted issues with older vehicles and rubber seals not rated for ethanol. New Delhi should…

The Economic Times

Railway passengers take note: If you drink water from station coolers, CAG has found E coli in samples from 8 locations

A CAG report found E coli in drinking water at several railway stations. Hundreds of stations also lacked essential passenger facilities, according to the audit. Water coolers at eight stations tested positive for E coli bacteria. Drinking water from taps at many stations showed coliform bacteria presence. Railways plans a…

The Economic Times

A cheap American sandwich conquered the world. Now China is rewriting the burger's 100-year-old story

Burgers are experiencing a surge in popularity across China's fast-food market. Global chains and local operators are now fiercely competing for market share. Consumers seek convenient and affordable meal options amid economic shifts. Pizza Hut's burger counters are expanding rapidly, showing strong growth potential. This trend reflects a broader change…

The Economic Times

High on confidence, Indian women's team eyes big win over South Africa

India aims for a top-two Pool D finish in their second World Cup match. They face South Africa after a confident draw against China. A win will boost qualification hopes and provide momentum for future games. Coach Sjoerd Marijne emphasizes maintaining momentum and avoiding complacency. India seeks to improve ball…

The Economic Times

Gold rate today (August 17, 2026): Check 18k, 20k, 22k, 24k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq in Delhi, Mumbai, Hyderabad & more cities

In today's marketplace, gold prices remain pivotal for both investors and those seeking gifts. Consumers are encouraged to explore pricing options at Tanishq alongside other top brands. The rates for 22K gold jewelry exhibit minor variances among major cities in India. Reliable pricing is provided by Malabar Gold & Diamonds,…

The Economic Times

A 2023 study wanted to find out what really happens when you flip a fair coin; after 350,757 tosses, researchers found that it often lands on the same side it started

A massive experiment revealed coin flips favor the starting side slightly. This finding confirmed a physics model's prediction about coin toss wobbles. The experiment involved many participants and numerous coin flips across different currencies. The same-side bias varied among individuals and decreased with practice. Knowing the starting side could offer…

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