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The Latest Breaking News from The Economic Times

Supreme Court to hear on Monday Tamil Nadu's plea for directions to Karnataka to release Cauvery water

The Supreme Court will hear Tamil Nadu's plea for Cauvery water release on Monday. Tamil Nadu seeks immediate release of its due share from Karnataka. The state government claims Karnataka is releasing significantly less water than allocated. Reservoir levels in Karnataka are sufficient to meet Tamil Nadu's water needs.

The Economic Times

Quote of the day by Japanese poet Yosa Buson: ‘What you want to acquire, you should dare to acquire by any means…’ – Lesson on desire, courage and life's fleeting opportunities

Yosa Buson, a renowned Japanese poet, emphasized the importance of seizing opportunities as they arise. He held the belief that life presents limited chances for pursuing one's desires. Buson's perspective inspires individuals to take immediate action towards fulfilling their aspirations. His haiku beautifully encapsulated the essence of transient moments and…

The Economic Times

Govt departments set up QRTs to counter fake social media content

Government departments are forming Quick Response Teams to address social media misinformation. These teams will monitor and respond to fake and misleading content promptly. Power, agriculture, and commerce departments have already established their dedicated response units. Responses are ideally expected within two hours of content identification. Such teams will coordinate…

The Economic Times

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Three Indians unfurl tricolour while skydiving, help set world record in Libya: Reports

Three Indians based in the UAE participated in a record-breaking skydive event. Sixty-five skydivers jumped together from a single aircraft, carrying national flags. This group successfully set a new Guinness World Record for the most skydivers jumping simultaneously. The participants, including the three Indians, jumped from an altitude of 13,000…

The Economic Times

Lunar eclipse August 2026: Where will it be visible, what time will it peak and how to watch

Lunar eclipse: On August 27-28, 2026, a deep partial lunar eclipse will grace our skies, although it won't be visible from India during the day. As the Earth's atmosphere refracts light, the Moon will take on a beautiful reddish-orange hue. Skywatchers across many regions, including parts of the Americas, Europe,…

The Economic Times

'You can't gag Parliament': CJP's Saurav Das slams rejection of Lok Sabha questions on NEET-UG, youth protests

In a post on X, Das emphasised that Question Hour serves as a fundamental pillar of democratic governance, questioning why Home Minister Amit Shah did not address Parliament directly regarding police actions during the weeks of protest.

The Economic Times

Big Bull's magic: How Rakesh Jhunjhunwala turned Rs 1 crore into Rs 20 crore overnight after the 1989 budget

Rakesh Jhunjhunwala, the legendary “Big Bull” of Dalal Street, built his reputation through conviction and contrarian investing. A standout example came in 1989, when widespread fears of an anti-business Union Budget triggered panic selling. At just 29, Jhunjhunwala bet against the prevailing sentiment, believing VP Singh’s government would take a…

The Economic Times

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Delhi High Court to hear on Monday CBI's challenge to discharge of Arvind Kejriwal in excise case

The Delhi High Court will hear the CBI's petition challenging a trial court order. This order had discharged AAP leaders Arvind Kejriwal and Manish Sisodia. The court will also consider applications seeking dismissal of the CBI's revision petition. Kejriwal and Sisodia claim the CBI filed its plea with "unprecedented haste".…

The Economic Times

Indonesia's deadliest earthquakes of past decade

A magnitude-7.7 earthquake in eastern Indonesia has killed at least fifty-one people. The Palu earthquake in 2018 caused over four thousand deaths and widespread destruction. A 2022 quake in Cianjur killed 602 people, becoming the deadliest non-tsunami event. Lombok experienced five hundred eighteen fatalities from a magnitude-7.0 earthquake and aftershocks.…

The Economic Times

India opens tax amnesty scheme for small taxpayers to declare select foreign assets

India's tax amnesty scheme for small taxpayers opened Sunday and runs until December 2026. This one-time measure aims to bring undeclared foreign assets and income into the tax net. Taxpayers with undisclosed foreign income up to one crore rupees can declare it.

The Economic Times

Pakistan retain Wahab Riaz as women’s team head coach for Asian Games, senior batter Aliya Riaz recalled

Pakistan Cricket Board retains Wahab Riaz and coaching staff for upcoming tournaments. Senior batter Aliya Riaz has been recalled for the Asian Games selection. Sidra Amin and Sadaf Shams were overlooked as selectors deemed them ODI players only. Fatima Sana will captain the squad for both the Asia Cup and…

The Economic Times

Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; TCS takes biggest hit

Last week witnessed a drastic shift in the market, with five leading Indian firms losing a collective Rs 1 lakh crore in valuation. Tata Consultancy Services faced the brunt, seeing its market cap plummet the most. In contrast, five other companies thrived, experiencing notable valuation gains. Despite this volatility, Reliance…

The Economic Times

Book recommendations by Warren Buffett: Want to sharpen your investing mindset? These five books recommended by the ‘Oracle of Omaha’ cover everything from building businesses and creating long-term wealth to making better financial decisions

Warren Buffett suggests reading for success and knowledge accumulation. Several of his recommended books are now available as audiobooks. Phil Knight's "Shoe Dog" memoir is one such highly praised recommendation. Fred Schwed's "Where Are the Customers' Yachts?" offers humorous Wall Street insights. Benjamin Graham's "The Intelligent Investor" significantly shaped Buffett's…

The Economic Times

Quote of the day by Ronald Reagan: ‘Sometimes when I'm faced with an unbeliever, an atheist, I am tempted…’ – Former US president’s unusual argument for God

Ronald Reagan used a dinner analogy to discuss God's existence. He believed the world's complexity suggested a creator, much like a meal implies a cook. Reagan's faith was central to his life and political career. He often linked his responsibilities to his belief in a higher power. This worldview shaped…

The Economic Times

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The Economic Times

Kawa UAV successfully conducts maiden flight of jet-powered 'Divyastra Mk3' loitering munition

Kawa UAV Pvt. Ltd. successfully flew India's first indigenous jet-powered loitering munition, Divyastra Mk3. This advanced system was powered by an indigenous jet engine developed by DG Propulsion. The Defence Research and Development Organisation also completed trials for its Unmanned Aerial Vehicle Launched Precision Guided Missile. These trials included both…

The Economic Times

"Didn't call opposition leaders Dimagi Naxals:" Union Minister Kiren Rijiju on PM Modi's Red Fort remark

Parliamentary Affairs Minister Kiren Rijiju said Prime Minister Narendra Modi’s “dimagi Naxal” remark was not aimed at opposition leaders but at supporters of Maoists and separatism. Congress rejected the clarification, accusing Modi of using the term against political opponents.

The Economic Times

'Bangladesh outplayed us in all department': Australia skipper Pat Cummins after nine-wicket loss in Darwin Test

Australia skipper Pat Cummins admitted that Bangladesh outplayed his side in all departments after suffering a nine-wicket defeat in the first Test in Darwin on Sunday.

The Economic Times

Veteran filmmaker Raja Sen dies at 71 after prolonged illness

Veteran Bengali filmmaker Raja Sen, best known for his National Award-winning debut film Damu, died at 71 at SSKM Hospital in Kolkata on Sunday after prolonged illness. Sen, who worked across Bengali cinema, television and documentaries for decades, had been undergoing treatment for multiple complications involving his lungs, heart and…

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The Economic Times

Girl child welfare: Maharashtra's Lek Laadki scheme process simplified, says minister

The Maharashtra government has simplified the Lek Laadki scheme for eligible girls. Beneficiaries can now apply online and receive financial assistance directly. Applications for eligible girls from April 2023 are accepted until August 2027. New cases require submission within one year of the girl's birth. This initiative aims to empower…

The Economic Times

Bankim Chandra's descendant seeks Sonia Gandhi's apology over 'Vande Mataram' row

A BJP MLA has requested an apology from Sonia Gandhi for an alleged incident. He claims Vande Mataram was not fully sung at the AICC headquarters. The MLA, a descendant of Bankim Chandra Chattopadhyay, expressed deep pain and anger. He cited historical instances of the song's importance in India's freedom…

The Economic Times

UAE lottery: School watchman from Kerala among three Indian expats win Dh 100,000 each

A 44-year-old school watchman from Kerala has won Dh100,000, around Rs 26 lakh, in the UAE’s Big Ticket Series 289. Saidalavi Kariodan Varichalil, who has lived in the UAE for 17 years, said he plans to send his prize money to his family in India and has already bought another…

The Economic Times

Indian Navy sailor, wife and two children found dead at Mumbai residence

An Indian Navy sailor and his family were discovered deceased at their Mumbai residence. Police found the sailor hanging, while his wife and two young children were also found dead. Preliminary investigations suggest the sailor died by suicide and the others may have been poisoned.

The Economic Times

Akshay Kumar’s son works in fashion for Rs 4,500; Here’s why Khiladi Kumar calls it ‘a good thing’

Akshay Kumar supports his son Aarav's fashion career despite a modest starting salary. Aarav travels extensively to learn about diverse prints and styles. This approach allows young individuals to gain practical industry knowledge. Parents should guide children without imposing their own career aspirations. Starting small builds essential skills and a…

The Economic Times

DRI uncovers Rs 2,500 crore duty evasion through fraudulent SAFTA claims on areca nuts

The Directorate of Revenue Intelligence has uncovered a major areca nut import racket involving fraudulent SAFTA claims and false declarations of Bangladesh as the country of origin. The operation allegedly caused over Rs 2,500 crore in customs duty losses, with nine arrests, Rs 75 lakh cash and 160 MT of…

The Economic Times

Quote of the Day by Thomas Jefferson: ‘If you want something you've never had, you must be willing to do something you've never done’

Quote of the Day by Thomas Jefferson highlights the need for new actions to achieve different outcomes. Many personal goals require breaking familiar patterns and accepting uncertainty. Taking risks and trying new things can lead to unforeseen possibilities. Jefferson, a key figure in American history, owned enslaved people. His legacy…

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