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The Latest Breaking News from The Economic Times

Mahindra's Formula E stay a long-term strategy, not an up-and-down manufacturer cycle: Bertrand

Mahindra Racing will remain in Formula E through the Gen4 era until at least 2030, using the championship to develop electric vehicle technology. The team aims to transfer advances in software, powertrain efficiency and engineering expertise to Mahindra’s road cars.

The Economic Times

Mahindra's Formula E stay a long-term strategy, not an up-and-down manufacturer cycle: Bertrand

The Economic Times

PM Modi sets target of 6 crore ‘Lakhpati Didis’ on Independence Day, hails women’s role in nation-building

Prime Minister Narendra Modi announced a new goal for six crore women to become Lakhpati Didis. This initiative aims to significantly transform the rural economy by empowering women. The government has already surpassed its previous target of three crore Lakhpati Didis. Women's increasing leadership roles across various sectors were highlighted…

The Economic Times

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CJP’s Abhijeet Dipke launches ‘School Thik Karo’ campaign, questions poor state of govt schools

Abhijeet Dipke, CJP convenor, criticized political parties for ignoring village schools. He announced a campaign to improve government schools across the nation. Dipke questioned funding sources for large banners used in rallies. He urged parents and sarpanches to audit and upgrade school facilities. Children in villages still face long walks…

The Economic Times

Mahindra launches BE 6 SPORTEQ with BaaS, new three-screen cockpit: Check price and more features

Mahindra has launched the BE 6 SPORTEQ with a new three-screen cockpit, Google Gemini-powered TEQ_Talk, six TEQ Suites and added performance and personalisation features. Prices start at Rs 11.45 lakh under the Battery as a Service model, with deliveries beginning on August 26, 2026.

The Economic Times

Three key milestones on the road to financial freedom

Financial freedom is built gradually through understanding, systematic investing and patience. Three milestones—moving from consumption to conviction, investing consistently and creating a financial legacy—can help investors build wealth, stay disciplined through volatility and align money with long-term goals.

The Economic Times

‘X-Men’ reboot cast list: Check cast members revealed at D23, release date and other details

Marvel Studios has unveiled the cast of its upcoming ‘X-Men’ reboot, with Sadie Sink as Jean Grey, Kit Connor as Cyclops and Adam Driver as Mister Sinister. Directed by Jake Schreier, the film will introduce a new generation of mutants to the MCU and is set to release in theatres…

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Independence Day 2026: 12 equity mutual funds deliver over 40% return. Are there any included in your portfolio?

Around 12 equity mutual funds delivered over 40% returns since August 15, 2025, led by international and thematic funds. Nippon India Taiwan Equity Fund topped the list with 140.91%, while several domestic diversified funds posted more moderate gains.

The Economic Times

Anti-rowdy squad to be set up in Bengaluru: Karnataka CM DK Shivakumar announces AI university, major projects

Karnataka Chief Minister DK Shivakumar announced a series of initiatives on Independence Day, including an anti-rowdy squad in Bengaluru, the state's first public AI university, AI education from Class VI and projects worth Rs 1.56 lakh crore for Bengaluru. The government also plans to establish AI hubs, launch free Coding…

The Economic Times

Karnataka CM DK Shivakumar announces AI education from Class 6, India's first public AI university in Bengaluru

Karnataka will introduce AI education from Class VI onwards in all schools. The state plans to establish its first public AI University in Bengaluru. One thousand government schools will be upgraded with modern infrastructure and facilities. These initiatives aim to equip youth with 21st-century skills and bridge the digital divide.…

The Economic Times

CJP's Instagram handle briefly taken down, restored later

The Cockroach Janta Party's Instagram account was temporarily removed on Saturday morning. The outfit alleged this action aimed to silence its voice on Independence Day. Its account was later restored, and the party expressed defiance against such acts. The CJP has been active with campaigns on school conditions and student…

The Economic Times

Dollar falls on surprise drop in US retail sales

In July, US retail sales surprisingly took a dip, leading to a decline in the dollar's value. This drop enabled the euro and sterling to soar to their highest levels in months against the greenback. Additionally, softer inflation indicators have lowered the market's expectations for a potential rate hike by…

The Economic Times

Iran defiant on strait as Trump tells Americans to accept high gas prices

Iran has rejected US claims of control over the Strait of Hormuz and demanded Washington accept its conditions before shipping resumes. The conflict continues to disrupt oil traffic, push up US fuel prices and raise concerns about wider regional escalation.

The Economic Times

Gold rises on weaker dollar as inflation data cements rate-hold bets

On Friday, gold prices moved upward, signaling a positive outlook for the week. The precious metal received a boost from a weaker dollar and stable inflation figures, reducing the likelihood of an upcoming interest rate hike by the Federal Reserve. Meanwhile, oil prices also showed weekly gains, influenced by escalating…

The Economic Times

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French proverb of the day: ‘To want is to…’ - Why consistency and perseverance need to fuel your efforts toward big goals in life

Strong determination helps individuals overcome obstacles and achieve difficult goals. The French proverb highlights this powerful concept. This saying emphasizes that wanting something fuels the effort needed for success. Persistence is crucial when progress slows or setbacks occur. Determination turns intentions into actions and drives progress toward desired outcomes.

The Economic Times

Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace deal

Crude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent crude closed at $88.52 a barrel while WTI crude settled at $82.40. Attacks within the Strait of Hormuz and disruptions at a Russian port led to a decline…

The Economic Times

PM Modi says India securing critical minerals, deepening global supply partnerships

India is increasing efforts to secure critical minerals and forge partnerships. The nation is strengthening access to vital resources for technology and clean energy. A National Critical Mineral Mission has been launched with significant government funding. Four dedicated processing parks will be established across different states. These initiatives aim to…

The Economic Times

Crop buyers cut off from Black Sea are turning to other origins

The region is one of the world’s top suppliers of grain and sunflower oil, much of which heads to Asia, Africa and the rest of Europe.

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The Economic Times

Neighbour doesn't care whether you're dead or alive: Woman living in Noida highrise shares her experience, sparks debate on loneliness

A Noida woman’s Instagram video has sparked a conversation about loneliness in high-rise societies as she described her experience of living among hundreds of residents while having little interaction with neighbours. Her remarks about isolation, the need for a small circle of friends and the disconnect between physical proximity and…

The Economic Times

European shares snap 4-week rally as higher oil prices temper strong earnings

European stock markets closed in the red on Friday, breaking a four-week winning streak. The rise in crude oil prices and escalating geopolitical tensions overshadowed robust corporate earnings. Although the STOXX 600 index experienced a weekly decline, it remained close to record levels, buoyed by strong economic growth and profits…

The Economic Times

We will train 1 crore youth in AI skills over next year: PM Modi

Prime Minister Narendra Modi, referring to India's recent AI Summit, announced a major initiative aimed at expanding AI skills among the country's youth. He also said that India has witnessed a significant rise in entrepreneurship, with more than 2.5 lakh startups operating across the country and young entrepreneurs contributing to…

The Economic Times

Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources say

As Anthropic prepares for its initial public offering, Wall Street is keenly evaluating the company's worth through the lens of its projected revenue growth, expected to soar by 2028. This outlook is crucial, leading investors to utilize enterprise value-to-revenue multiples derived from forecasted figures. Benchmarking against industry players like Palantir…

The Economic Times

Institutional investors reveal cautious approach to tech favorites in US quarterly 13F filings

In the second quarter, institutional investors made slight reductions in their holdings of prominent tech firms, mainly due to already substantial positions making further investments challenging. However, semiconductor stocks continued to attract a positive outlook, while AI-themed stocks saw a decline in traction after an initial wave of interest. Interestingly,…

The Economic Times

SEC proposes easing 'pay-to-play' rules for investment advisers

The U.S. Securities and Exchange Commission is looking to relax rules that prevent investment advisers from managing public pension funds due to political contributions. These proposed amendments are intended to alleviate the compliance challenges faced by advisers and address longstanding issues raised by various political factions. Regulators are now inviting…

The Economic Times

Oil prices rally, US data dents chances of Fed rate hike

Global shares declined Friday as markets monitored U.S.-Iran talks and Federal Reserve rate hike expectations. Oil prices rose more than a dollar per barrel amid escalating geopolitical tensions and faltering peace talks. U.S. consumer sentiment weakened due to rising living costs, impacting retail sales and the dollar. Chipmaker stocks faced…

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