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The Latest Breaking News from The Economic Times

India could reach $20 trillion by 2036 with 14.2% rupee growth: Equirus

India could reach a $20 trillion economy by 2036 with reforms. This requires sustained rupee growth and appreciation, according to a research report. Services will become the principal engine of economic expansion, growing significantly. Proposed reforms span multiple sectors, including capital markets and human capital. Successful execution across many fronts…

The Economic Times

Mexican Proverb of the Day: “He who is born to be a flowerpot never leaves the hallway.” A timeless lesson on destiny and ambition

Mexican Proverb of the Day: “He who is born to be a flowerpot never leaves the hallway” explores a traditional belief that people cannot easily rise beyond their abilities or circumstances. The proverb reflects a fatalistic view of destiny, while modern ideas about learning and personal development challenge its assumption…

The Economic Times

Canada language programmes see sharp drop in students amid visa curbs

Canada's languages programs experienced a significant decline in student numbers. Restrictive visa and immigration policies were the primary cause for this downturn. Student numbers dropped thirteen percent and student weeks nineteen percent in 2025. The sector's direct economic contribution also saw a one percent fall. Policy barriers need addressing to…

The Economic Times

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Indian Bank plans to garner $400 million via ECB this week: MD Binod Kumar

Indian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through ECB before December 2026. It also aims to gather USD 2 billion from FCNR(B) deposits, seeing good demand. The Reserve Bank of India has already closed its concessional…

The Economic Times

Bonus, stock splits & dividends: Bandhan Bank, MGL, Mazagon Dock among nearly 100 stocks turning ex-record date this week

In the upcoming week, nearly one hundred companies have announced record dates for dividends, making it crucial for investors to hold shares prior to these dates for eligibility in corporate actions. Notably, companies like Bandhan Bank and LIC Housing Finance are part of this corporate movement, which includes dividend payments,…

The Economic Times

Landing your first job is getting more expensive in the UK

Artificial intelligence is making it harder for young people in Britain to secure their first jobs as employers reduce junior roles and demand more experience. Youth unemployment has reached a decade high, pushing graduates towards internships, unpaid work and additional training.

The Economic Times

Beauty, cosmetics segment to be key growth driver for EPL; raises near-term revenue guidance

EPL Ltd anticipates its beauty and cosmetics segment will drive future growth. The company expects continued momentum after reporting strong June quarter topline growth. EPL has raised its near-term revenue guidance to sixteen to eighteen percent. A proposed merger with Indovida aligns with EPL's global leadership strategy. This transaction is…

The Economic Times

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Oman negotiations, reopening of Hormuz are two separate issues: Iranian FM Abbas Araghchi

Iran's foreign minister stated Hormuz Strait talks with Oman are technical. These discussions focus on updating vessel navigation routes for transit. Reopening the Strait depends on Washington fulfilling specific conditions. Iranian officials rejected US President Trump's claims about Hormuz Strait territory. Iran asserts command over the Strait of Hormuz, which…

The Economic Times

Parliamentary panel on finance suggests task force to fill 38 vacant DIPAM positions

A parliamentary committee highlighted a significant 43 percent vacancy rate within DIPAM. This shortage severely impacts the department's ability to manage public assets. The committee urged the finance ministry to form a task force for filling vacant positions. DIPAM oversees public assets valued at over Rs 42.76 lakh crore. The…

The Economic Times

Uttarakhand weather: IMD issues orange alert for 5 districts, warns of heavy rain and flash floods

Uttrakhand weather alert: Uttarakhand anticipates heavy to very heavy rainfall, prompting orange alerts for several districts. The India Meteorological Department has also issued yellow alerts for remaining areas. These weather conditions may trigger landslides and flash floods, disrupting services and transportation. Authorities advise residents and travellers to remain cautious and…

The Economic Times

Quote of the Day by Herta Müller: 'To combat death you don't need much of a life, just one that isn't...' - Why your life doesn't need to e perfect to be worth saving

Nobel laureate Herta Müller offers a perspective on resilience and survival. She suggests that life's continuation needs only a single breath. This idea challenges modern anxieties about achieving complete success. It reminds us that hardship does not negate our ongoing journey. Our current state does not define our final narrative…

The Economic Times

Jindal Stainless investing Rs 900 crore to increase cold rolling capacity to 2.67 MT by FY28: MD

Jindal Stainless plans a Rs 900 crore investment to expand its cold rolling capacity. This expansion will support rising demand from key industrial sectors. The company is also planning a significant Rs 40,000 crore manufacturing facility in Maharashtra. This new plant will produce specialized steel grades for emerging strategic sectors.…

The Economic Times

ONGC gets US licence to resume full Venezuela operations, eyes operatorship

ONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing expanded production and new agreements. ONGC Videsh holds stakes in San Cristobal and Carabobo oil projects. The company expects to recover pending dividends and potentially take operatorship. India seeks to diversify…

The Economic Times

India a key growth focus market: ORIX Corporation President & Group CEO Hidetake Takahashi

ORIX Corporation sees India as a primary global growth market for its services. The company plans to significantly expand its vehicle fleet in India soon. India's economic growth and increasing foreign investment support this expansion. Changing mobility trends and entrepreneurship also drive ORIX's optimistic outlook. This strategic focus anticipates substantial…

The Economic Times

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The Economic Times

Bangladesh claims historic first win in Australia with 9-wicket victory in 1st test

Bangladesh achieved a remarkable nine-wicket win against Australia in Darwin. Mehidy Hasan Miraz took five wickets, restricting Australia's lead significantly. Cameron Green scored a century, setting a modest target for Bangladesh. Bangladesh chased the target with ease, securing their first win on Australian soil.

The Economic Times

Rat allegedly spotted inside ice cream freezer at Blinkit store in Kalyan, sparks food safety concerns

A viral video showed a rat inside an ice cream storage crate at a quick-commerce delivery hub. This incident raised significant concerns over hygiene and food safety standards at online grocery centres. Residents have urged authorities to inspect the facility and take appropriate action if violations are found. The Maharashtra…

The Economic Times

Galle weather causes another delay as India vs Sri Lanka Test enters Day 2 after rain disrupts final session of Day 1

Galle weather has delayed the start of Day 2 in the India vs Sri Lanka first Test, with persistent rain preventing play in Galle on Sunday. The weather had also disrupted Day 1, but India still reached 288/2 at stumps after Devdutt Padikkal scored his maiden Test century and remained…

The Economic Times

Jharkhand exam stir enters 23rd day, students to burn effigies of CM Soren, Rahul Gandhi

Students in Jharkhand are protesting alleged recruitment exam irregularities. They plan to burn effigies of the Chief Minister and a Congress leader. Protesters will gherao the Chief Minister's residence demanding his resignation. They seek cancellation of suspicious examinations and an independent probe. The government announced measures for a more transparent…

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The Economic Times

Government fixes LPG production targets for refiners, Reliance gets largest share

India has set maximum LPG production targets for refineries and upstream companies. This move aims to build a domestic supply buffer after import disruptions. The government will review these production schedules every six months. Companies must maintain adequate infrastructure for LPG storage and transport. This framework ensures adequate domestic availability…

The Economic Times

Europe's heatwaves expose insurance gap as business losses mount

European businesses face significant losses from extreme heatwaves. Traditional insurance often fails to cover these indirect operational disruptions. Many companies report substantial turnover declines during prolonged hot weather. Parametric insurance offers a potential solution for automatic payouts. Businesses must also adapt operations to withstand increasing heat impacts.

The Economic Times

A 2024 study tried to find out if hair swirls turn differently in the Northern and Southern hemispheres; after studying 174 children and twins, researchers found more counterclockwise whorls in the South and a genetic link

Researchers explored hair whorl direction differences between hemispheres. Counterclockwise whorls were more frequent in the Southern Hemisphere population. Twins showed a tendency for same-direction whorl rotation, indicating genetic influence. Environmental factors may also play a role in hair whorl formation. This study offers insights into developmental processes and cell organization.

The Economic Times

JSW Mahanadi Power settles dispute with Raigarh Champa Rail; NCLAT disposes of appeal

The NCLAT disposed of an appeal between JSW Mahanadi Power and RCRIPL. Both companies reached an amicable settlement after a dispute over unpaid invoices. JSW Energy now controls both entities following separate insolvency proceedings. The NCLAT order recorded the joint memo filed by the two companies.

The Economic Times

Lala strengthens into a hurricane and bears down on Hawaii's Big Island with heavy rain, winds

Hurricane Lala formed and is heading towards Hawaii's Big Island. Maximum sustained winds reached 75 mph, making it a Category 1 storm. Forecasters warned of life-threatening mudslides and flooding on the mountainous island. Tropical storm force winds are expected to impact other Hawaiian islands by Sunday. Officials urged residents to…

The Economic Times

Will Sensex, Nifty continue to bleed on Monday? 4 factors which will drive D-Street action this week

Indian equities are likely to remain range-bound in the week of August 17–21, with elevated crude prices, global uncertainty and shifting US Fed expectations keeping investors cautious. Sensex fell around 500 points and Nifty 205 points last week, while broader markets declined further. Analysts highlight four key factors that could…

The Economic Times

UGC NET June 2026 answer key: Check steps on how to download, direct link, know how to raise objections and more

UGC NET June 2026 out today: The National Testing Agency is set to release the provisional answer key for UGC NET June 2026 today. Candidates can access their responses via the official website and calculate their potential scores. Should they find errors, objections may be submitted, accompanied by a processing…

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