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The Latest Breaking News from The Economic Times

India to help conserve ancient Prambanan temple in Indonesia, PM Modi to launch project tomorrow

Prime Minister Modi will launch a conservation project for the ancient Prambanan Temple. This initiative highlights the deep cultural ties connecting India and Indonesia. The Archaeological Survey of India is partnering for temple restoration and conservation efforts. The upcoming year is declared the 'Tagore-Dewantara Year of Cultural and Educational Diplomacy'.

The Economic Times

Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cuts

Saudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper discounts to attract customers. Higher transportation costs from within the Persian Gulf also reduce Saudi crude's appeal. Weak demand across Asia, especially in China, further impacts Saudi oil sales.

The Economic Times

England vs India 3rd T20I Playing 11: Will India make changes? IND vs ENG predicted XIs here

ENG vs IND 3rd T20I Playing 11: India will look to level the five-match T20I series when they face England at Trent Bridge in Nottingham. Check the predicted playing XIs, confirmed England XI, team news, full squads and match preview.

The Economic Times

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Contact with Mission Drishti OptoSAR satellite lost, recovery likelihood low: GalaxEye

Bengaluru's GalaxEye has lost contact with its Drishti satellite launched in May. The world's first OptoSAR satellite experienced an anomaly after a geomagnetic solar storm. Communication loss occurred during the final stage of its early orbit phase. Recovery efforts are ongoing, but the company said that success appears unlikely at…

The Economic Times

Syama Prasad Mookerjee's life and work to be part of school syllabus in Bengal: Suvendu Adhikari

West Bengal Chief Minister Suvendu Adhikari proposed including Syama Prasad Mookerjee's life in school textbooks. He also suggested excluding the Singur Nano factory acquisition story from the syllabus. Adhikari will convey his wishes to the state's school education minister. Textbooks should feature Mookerjee's contributions to West Bengal and India. A…

The Economic Times

Serentica Renewables inks pact with SECI to supply power from 600 MW FDRE project

Serentica Renewables proudly announces its new power purchase agreement with SECI, dedicated to a groundbreaking 600 MW Firm and Dispatchable Renewable Energy project. Notably, it achieved the largest allocation in the competitive SECI auction. This innovative project ensures electricity provision during non-solar hours, effectively addressing peak demand while significantly cutting…

The Economic Times

India-origin battery tech powers Offgrid's first UK manufacturing facility

Offgrid Energy Labs has launched its first UK pilot manufacturing facility for its India-developed ZincGel® long-duration batteries. The 10 MWh plant marks the commercial scale-up of the company's proprietary zinc-bromine technology. Offgrid aims to serve global energy storage markets while expanding manufacturing of India-origin battery innovation through an international production…

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Flipkart announces $50 million Esop buyback: the biggest employee cashouts at startups so far

Indian startups are increasingly offering Esop liquidity programs to employees. Flipkart recently announced its second buyback event with a $50 million corpus. BrowserStack also provided liquidity to employees and early investors with a $125 million buyback. CoinDCX and Unacademy have also conducted significant ESOP buyback initiatives. These programs allow employees…

The Economic Times

Paras Defence, ideaForge, other defence stocks slide up to 5%. What’s triggering the selloff?

Defence stocks declined up to 5% as investors booked profits after a sharp rally triggered by the Defence Acquisition Council’s approval of Rs 52,000 crore worth of acquisition proposals. Despite the correction, brokerages remained positive on the sector, citing strong order inflows and execution opportunities for companies such as HAL…

The Economic Times

Australia's teen social media ban fails to clear first hurdle in age checks, says study

Australian online platforms are failing initial age checks for a teen social media ban. Studies show most under-16s can still access platforms despite new laws. Platforms did not ask for age proof on fifty test accounts opened after the law. Only one Australian platform refused account creation without age verification.…

The Economic Times

Who is Anshula Kapoor? Boney Kapoor's daughter from his first marriage, who skipped Bollywood and worked at Google, is now married

Entrepreneur and influencer Anshula Kapoor, daughter of film producer Boney Kapoor and sister of actor Arjun Kapoor, married screenwriter and director Rohan Thakkar on 6 July 2026 at Taj Lands End in Mumbai. The couple met on a dating app in 2022 and got engaged in New York in October…

The Economic Times

Who is Graham Platner? From tattoo controversy to sexual assault allegations, why Democrats want the Maine Senate candidate out

Graham Platner Maine: Maine Senate candidate Graham Platner faces serious sexual assault allegations. Top Democrats are urging Platner to withdraw from the 2026 Senate race. The allegations could jeopardize Democratic hopes of unseating Senator Susan Collins. Democrats may nominate a replacement if Platner withdraws before July thirteenth. Platner denies the…

The Economic Times

Gold rate today (July 7, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Joyalukkas, Malabar Gold & Diamonds, Tanishq & IBJA in Delhi, Mumbai, Hyderabad, other cities

Gold prices saw a decline across major Indian jewellery brands today. Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas reported lower rates. These price drops were observed in cities like Delhi, Mumbai, and Chennai.

The Economic Times

Looking for long-term wealth creators? These 12 equity mutual funds have over Rs 1,000+ NAV and up to 24% CAGR

Twelve equity mutual funds achieved over Rs 1,000 NAV by July 2026. These funds delivered up to 24% CAGR since their respective inception dates. Most schemes have been available for over twenty-five years in the market. Nippon India Growth Mid Cap Fund showed the highest NAV at Rs 4,499.70. These…

The Economic Times

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Blasts rock near Macron's Damascus hotel as French president meets Syria's Sharaa

Tuesday witnessed explosive detonations near a hotel in Damascus, where French President Emmanuel Macron was supposed to stay. In response, security protocols were tightened, and surrounding roads were sealed. These incidents unfolded while Macron held discussions with Syrian President Sharaa at the presidential palace, representing a significant moment as it…

The Economic Times

Global oil market weathers Iran war shock, but reserve depletion raises future price risks

The global oil market absorbed record supply disruptions during the Iran conflict without triggering a prolonged price shock. But analysts warn that depleted strategic reserves, damaged energy infrastructure and unresolved tensions around the Strait of Hormuz have left the market more vulnerable to future oil price spikes.

The Economic Times

One attack, one warning: The world's energy lifeline is still vulnerable

An attack on a Qatari LNG carrier in the Strait of Hormuz has raised concerns. This incident suggests ongoing threats to commercial shipping in the vital waterway. Energy markets may face potential repeated disruptions rather than widespread conflict fears. The dispute over Hormuz control remains unresolved, impacting global energy supplies.

The Economic Times

One attack, one warning: The world's energy lifeline is still vulnerable

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The Economic Times

Ola Electric shares drop 9% in 3 days. What's spooking investors?

Ola Electric Mobility shares fell over 2%, extending their three-day decline to 9%, after media reports said two vendors had filed fresh insolvency pleas against its subsidiary over alleged unpaid dues of more than Rs 40 crore. The company also recently reported a sequential jump in Q1FY27 vehicle registrations.

The Economic Times

AAP Convener Arvind Kejriwal urges Centre to offer E20, E10 and E0 fuel options at petrol pumps

Aam Aadmi Party (AAP) National Convenor Arvind Kejriwal on Tuesday urged the Centre to provide consumers with the option of choosing between different fuel blends, including E20, E10 and E0, alleging that the government was trying to push E20 fuel despite public opposition.

The Economic Times

Saudi Arabia mulls big new plan, eyes post-war oil route reset to bypass volatile Hormuz

Saudi Arabia is considering expanding its crude oil pipeline capacity. This move aims to bypass the Strait of Hormuz for exports. Neighbouring countries like Kuwait are also in talks for pipeline access. The expansion could accommodate an additional two million barrels daily.

The Economic Times

Swiggy becomes majority Indian-owned as foreign shareholding drops below 50%

The shift is significant for the food delivery and quick commerce major. In May, its shareholders had failed to pass a resolution to classify it as an Indian-owned and controlled company (IOCC), a status that would let its quick commerce arm Instamart own inventory directly, improving margins and supply chain…

The Economic Times

$11 billion worth of IPO shares set for lock-in expiry over next 3 months. What shareholders should know

Nearly 53 companies are set to see IPO lock-in expiries between July and September 2026, potentially unlocking shares worth about $11 billion, according to Nuvama. While not all eligible shares are expected to be sold, the expiries could weigh on stock prices in the near term.

The Economic Times

Psychology explains how colors influence your emotions, mood, and buying decisions

Color psychology subtly influences human emotions and decision-making processes. Businesses and designers leverage these effects to create stronger consumer connections. Color significantly impacts first impressions and brand recognition for products. Clothing colors can also affect personal confidence and individual performance. Understanding color's psychological impact aids informed choices in daily life.

The Economic Times

US in talks on Europe missile co-production, source says

The United States is discussing missile co-production with European allies. Germany and other nations are considering a maintenance facility for Patriot missiles. These projects aim to increase production capacity for American defense giants. High demand for missiles stems from the ongoing conflict in Ukraine. Both countries will sign a statement…

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