The Latest Breaking News from The Economic Times

Satcom security clearance pending with Home Ministry: MoS telecom

The Ministry of Home Affairs is currently evaluating security-related issues affecting satellite communication services in India. Minister Chandra Sekhar Pemmasani reported that the Department of Telecom has issued licenses and provisional spectrum to all companies. Elon Musk recently claimed that certain oligarchs are blocking his company’s satellite services to maintain…

The Economic Times · Oct 8

Ukraine faces a shortage of troops to relieve tired fighters at the front

Ukraine is struggling with a shortage of combat-ready troops as the war with Russia enters its fifth year. While Ukraine has advanced drone technology, the lack of personnel restricts the exploitation of these innovations. Military officials report that many units are operating below full strength, leading to increased risk and…

The Economic Times · Oct 8

TCS Q2 results: Profit rises 15% YoY to Rs 13,884 crore; co declares dividend at Rs 12 per share

TCS Q2 Results 2026: IT services major Tata Consultancy Services (TCS) reported 15% year-on-year (YoY) growth in its consolidated net profit at Rs 13,884 crore for the second quarter. Also the company has declared a second interim dividend of Rs 12 per share for the financial year 2026-27.

The Economic Times · Oct 8

SC orders enhanced beat patrolling in Delhi, verification of public transport vehicles' drivers

The Supreme Court has mandated enhanced beat patrolling in Delhi, particularly near educational institutions. It emphasized strict verification of drivers and assistants in public transport vehicles to increase safety. Additionally, the Court called for monitoring through dedicated control room command centres for effective crime response. Citizens are encouraged to report…

The Economic Times · Oct 8

Indian Army preparing for high-altitude drone warfare, orders 225 FPV drone capable of operating in Himalyas

The Army’s latest drone procurement comes after rigorous trials in extreme Himalayan conditions, where FPV systems were assessed for their ability to function at elevations reaching 17,500 feet. The 225-drone order highlights the military’s expanding reliance on unmanned platforms for operations in high-altitude areas, where low oxygen levels, freezing temperatures,…

The Economic Times · Oct 8

Govt working to re-power around 25 GW of old wind projects: Joshi

Union Minister Pralhad Joshi announced plans to re-power approximately 25 GW of aging wind energy projects. These projects are nearing their operational end, requiring upgrades and replacements. India currently has an operational wind capacity of about 59 GW. The country aims to achieve a target of 100 GW of wind…

The Economic Times · Oct 8

Setting up of logistics authority important to strengthen multimodal connectivity: Experts

The government's approval to establish the Integrated Transport and Logistics Authority supports efficient transport and logistics planning. Experts emphasized that improved coordination across transport modes can reduce logistics costs significantly. This authority will monitor projects and improve investment efficiency in various sectors. Proper planning will help businesses make informed decisions…

The Economic Times · Oct 8

Global Market: ECB may need further rate hikes as inflation risks remain elevated, Dolenc says

The ECB may raise interest rates further as inflation risks remain tilted upward, with rates already at 2.5% and inflation at 3.8%. Policymaker Primoz Dolenc cited energy, food and geopolitical risks, while noting stable core inflation. Strong economic growth could add pressure, but rising bond yields pose risks to euro…

The Economic Times · Oct 8

Supreme Court seeks Centre's view on creation of corpus fund for treatment of SMA patients

The Supreme Court is deliberating on the creation of a corpus fund for Spinal Muscular Atrophy treatment. This initiative aims to provide a permanent financial solution for patients requiring life-saving therapies. Senior advocate Aprajita Singh has been tasked to explore funding avenues and sustainability measures. The court's attention was drawn…

The Economic Times · Oct 8

Global Market: European stocks slide as oil surge revives inflation concerns

European shares fell as banks hit over three-month lows amid rising bond yields and oil prices. Investors worried persistent inflation could constrain central bank rate cuts and hurt growth, while markets awaited ECB, Federal Reserve and Bank of England signals.

The Economic Times · Oct 8