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The Latest Breaking News from The Economic Times

Poland teams up with Foxconn to build EVs: PM Tusk

Poland's government will partner with Taiwan's Foxconn to build electric cars. The venture aims to produce 400,000 electric SUVs each year. These vehicles will be sold exclusively in Europe. The Polish government is investing significantly in this project. Foxconn will also establish a semiconductor plant in Poland. This move aims…

The Economic Times

Bid management firm ContraVault AI raises $3.1 million from Chiratae, Titan; eyes US expansion

Bid management firm ContraVault AI has secured $3.1 million in a funding round led by Chiratae Ventures. The startup will use the capital to enhance its AI capabilities, including computer vision for analyzing technical drawings, and to expand its presence in the US market.

The Economic Times

Can Elon Musk's xAI challenge Anthropic after SpaceX's $60 billion Cursor AI acquisition from Anysphere?

SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut. The acquisition hands xAI's Grok a foothold in AI coding tools, tapping Cursor's $2 billion annualized revenue and rapid enterprise adoption. Closing is expected in Q3 2026. Now…

The Economic Times

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Psychology says people who keep opening and closing their phones waiting for a message, are not obsessed: Why the brain gets hooked on the possibility of one special person

Psychology suggests that people who constantly open and close their phones are rarely attached to the technology itself. More often, they are responding to what the device symbolizes, connection, reassurance, and the possibility that something important might happen at any moment.

The Economic Times

India Telegram Ban Update: Founder Pavel Durov says 'ban hasn't stopped anything, leaks just moved...'

Telegram ban India: Telegram founder Pavel Durov criticized India's temporary ban on the messaging app, arguing it punishes over 150 million users instead of exam leak culprits. The government cited the app's use in NEET exam cheating as the reason for the ban, a move Durov claims is ineffective as…

The Economic Times

French Proverb 'Little by little/step by step the bird creates its nest' offers valuable lesson on how to achieve success in life, stay relevant in a competitive world

French proverb "Petit à petit, l’oiseau fait son nid" offers timeless wisdom about perseverance, patience, and steady effort. Like a bird building its nest twig by twig, humans achieve their goals through small and consistent actions. The proverb reminds us that success is not the result of haste but of…

The Economic Times

Quote of the Day by all-time best-known American film critic Roger Ebert: 'Life always has an unhappy ending, but...'- A powerful life lesson on why happiness matters more than finding perfect meaning by the first person to receive a Pulitzer Prize for film criticism

Roger Ebert, the renowned film critic, offered a powerful life lesson. He suggested that life's journey, filled with joy and simple pleasures, holds more value than an unending quest for profound meaning. Ebert's perspective encourages appreciating present moments. His own life, marked by challenges, exemplified finding happiness amidst struggles. This…

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US stocks: SpaceX nears $3 trillion valuation, overtakes Amazon and Microsoft in market value

SpaceX shares surged over 14% Tuesday, briefly surpassing Amazon and challenging Microsoft with a nearly $2.9 trillion valuation. The rally, fueled by options trading and anticipation of index inclusion, saw the stock climb significantly from its IPO price. Despite remaining loss-making, investor focus remains on its space launch dominance, Starlink,…

The Economic Times

Zerodha, Groww, Angel One, Upstox get Gift City nod to offer US stocks to Indian investors

Leading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer international equity investing to Indian retail traders. Groww and Upstox obtained Global Access Provider (GAP) licenses, while Zerodha and Angel One became broker-dealers, enabling direct or indirect access to US stock markets.

The Economic Times

French spies drop AI giant Palantir over US overreliance fears

France is moving away from American AI technology for its intelligence services. The government announced it will stop using Palantir's data systems. A French company, ChapsVision, will now provide these critical services. This move aims to build national autonomy in the digital sphere. France is also investing heavily in its…

The Economic Times

India adds 4.6 GWh of energy storage capacity in first quarter of 2026: Report

India saw a massive surge in battery energy storage capacity in early 2026. The country added 4.6 gigawatt-hours in the first three months, a 941 percent jump. This rapid expansion positions energy storage as a vital part of India's power infrastructure. Rajasthan leads in cumulative storage capacity. The project pipeline…

The Economic Times

They flew night-fighter planes into the heart of thunderstorms. Somehow, no one died, and made flying safe for all of us

The Thunderstorm Project changed the story of air travel forever. Scientists and combat pilots entered deadly storms to uncover hidden weather patterns. Their research revealed how turbulence, lightning, and storm cycles worked. This breakthrough created better weather forecasting, stronger aviation safety rules, and a future where millions could fly with…

The Economic Times

India Inc's sales growth gathers pace in March quarter, led by autos and metals: RBI data

Manufacturing companies saw sales jump 14.5 percent in the fourth quarter of 2025-26. Automobiles, electrical machinery, and non-ferrous metals led this growth. Overall, listed private non-financial companies achieved double-digit sales growth. Raw material expenses increased, indicating input cost pressure. Staff costs for manufacturing companies moderated. Services sector companies experienced a…

The Economic Times

Sean Combs 2028 Release Update: US rapper turns legal student in prison, lawyer says ‘he's become like a paralegal’

Sean Combs 2028 release update: Sean "Diddy" Combs is reportedly deeply involved in his legal appeal from FCI Fort Dix, with his lawyer stating he's become like a paralegal. Combs is also reflecting on his life and seeking self-improvement. His projected release date has been moved up to February 23,…

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Quote of the Day by Gabrielle Bernstein: 'If you make your internal life a priority, then everything else you need on the outside will be given to you, and it will be extremely clear what the next step is' teaches us life lesson on meaningful relationships, healthy mind, balanced emotions in modern society

Quote of the Day by Gabrielle Bernstein highlights the profound connection between inner well-being and external success. By making our internal life a priority, we develop clarity, resilience, and a deeper sense of purpose. A healthy mind and balanced emotions help us navigate life’s challenges more effectively and build meaningful…

The Economic Times

80,000-year-old Antarctic ice reveals radioactive stardust still falling on Earth. Is it dangerous?

Scientists have detected iron-60, a radioactive isotope from ancient supernova explosions, in Antarctic ice up to 80,000 years old. This discovery indicates that Earth is still being showered by debris from stellar explosions that occurred millions of years ago. The findings suggest our planet is traveling through a cloud of…

The Economic Times

Chinese proverb of the day: 'The loss of one night’s sleep entails ten days of...' - thought-provoking life lessons on sleep, health, well-being, self-care and why one sleepless night can have lasting consequences

Chinese proverb of the day: A Chinese saying highlights the significant impact of sleep loss. It states that one sleepless night can lead to ten days of discomfort. This ancient wisdom emphasizes that adequate rest is crucial for physical energy, mental clarity, and emotional balance.

The Economic Times

Psychology says adults who hold onto empty jars and containers are often seeking more than storage: Why ‘just in case’ thinking makes it hard to throw things away

Psychology suggests that nail biting is rarely a sign of immaturity, poor discipline or weak self-control. More often, it is the brain's way of seeking relief during moments of stress or internal unease. The key insight is that most adults who bite their nails are not intentionally trying to harm…

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The Economic Times

Sebi drops proceedings against Prime Focus in misleading financials case

Sebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business transfers to indirect subsidiaries. The regulator found no evidence of misleading financial statements, accounting irregularities, anti-fraud violations or improper profit recognition.

The Economic Times

Hari Menon exits BigBasket; Sarvam cofounder on fresh funding

BigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.

The Economic Times

Adani Group, Brazil's Embraer finalise Dholera for setting up aircraft assembly line

Adani Group and Embraer have selected Dholera in Gujarat for a regional jet assembly line. This collaboration aims to boost India's aircraft manufacturing capabilities. Embraer sees significant potential in the Indian market for civilian and defense aircraft. The facility will support India's Regional Transport Aircraft program and the UDAN scheme.…

The Economic Times

US stocks: Dow hits record high as oil slides; SpaceX shares soar

The Dow Jones Industrial Average reached a new record high on Tuesday, driven by falling oil prices amid optimism for a U.S.-Iran peace deal. Meanwhile, SpaceX's market value surged past Amazon's, positioning it as the fifth most valuable U.S. company. The S&P 500 saw a slight gain, while the Nasdaq…

The Economic Times

Comet crash or ice volcano? Scientists are stumped by a secret world past Pluto, and it may be wearing a secret atmosphere

2002 XV93 atmosphere mystery stuns space scientists as a distant Kuiper Belt object reveals unexpected signs of activity. The 470-kilometer icy world challenges old Solar System theories. Researchers believe possible gas, dust, impacts, or icy volcanoes may explain this rare cosmic discovery. The finding shows even small worlds can hold…

The Economic Times

Trump's unusual stock frenzy: Portfolio shows 3,600 trades in 90 days

Trump's investment accounts saw thousands of trades totaling hundreds of millions of dollars between January and March. This feverish activity, dominated by tech stocks, has drawn scrutiny from lawmakers and ethics experts over potential conflicts of interest, though the Trump Organization denies the president's direct involvement.

The Economic Times

Automobiles, electrical machinery push sales of listed private manufacturing companies in Q4: RBI data

Indian manufacturing companies saw sales jump 14.5 percent in early 2026. Automobiles, electrical machinery, and metals led this growth. Overall private firms also posted strong double-digit sales increases. This performance highlights a robust period for Indian industry. Input costs rose, but staff costs moderated for manufacturers. Services firms also experienced…

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