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The Latest Breaking News from The Economic Times

Rupee clings to two-week high as oil slides, intervention helps cement rise

The Indian rupee experienced a significant rebound on Tuesday, intensifying to its strongest position in two weeks. The decline in oil prices and the potential intervention by the central bank played crucial roles in this uplift, with state-run banks actively selling dollars to stabilize the currency. The Reserve Bank of…

The Economic Times

Vedanta Aluminium shares in a sweet spot, says ICICI Securities; initiates coverage with Buy rating

ICICI Securities has initiated coverage on Vedanta Aluminium Metal (VAML) with a 'Buy' rating and a target price of Rs 520, implying over 19% upside. The brokerage expects strong earnings growth, driven by favourable aluminium prices, higher volumes, backward integration and lower costs. It also sees robust cash generation, debt…

The Economic Times

Retired Delhi Police cops seek nod for Jantar Mantar protest over 'Chalo Sansad' violence

Retired Delhi Police personnel seek permission for a peaceful dharna at Jantar Mantar. They aim to show solidarity with injured police officers from a recent protest. The demonstration will demand strict legal action against those involved in violence. Over 200 police personnel and 65 protesters were injured during the "Chalo…

The Economic Times

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'How and where to kill Melania Trump?': Iran's Tasnim News Agency releases chilling video targeting US First Lady, tells Barron Trump 'wait for us'

Melania Trump Iran news: An Iran-linked video released by Tasnim News Agency has drawn attention for featuring Melania Trump and Barron Trump, including a chilling message directed at the former first family. The video details "how and where" to kill first lady Melania Trump and comes ahead of Donald Trump's…

The Economic Times

Amazon winds down most flagship AI models in strategy overhaul, Business Insider reports

Amazon is shifting its artificial intelligence strategy towards new frontier models. The company is deprecating many of its existing Nova AI models. Resources are now moving towards a new frontier-model development effort. This new flagship model is expected to debut later this year. Amazon recently trimmed jobs in its artificial…

The Economic Times

Quote of the day by Brad Pitt: "I believe you make your day. You make your life. So much of it is all perception, and..." — Inspiring life lessons on mindset, self-growth, resilience, personal responsibility, happiness, and why changing your perspective can change your entire life by the Academy Award-winning American actor and producer

Famous Quote of the Day by Brad Pitt: Brad Pitt’s quote, "I believe you make your day. You make your life. So much of it is all perception, and this is the form that I built for myself. I have to accept it and work within those compounds, and it's…

The Economic Times

Tata Capital Q1 Results: Net profit jumps 56% YoY to Rs 1,547 crore, revenue up 15%

Tata Capital announced a substantial net profit increase of over 56 percent. Revenue from operations also saw a healthy rise of more than 15 percent. Assets under management grew by 22 percent, reaching Rs 2.91 lakh crore. Net interest income and the net loan book experienced strong year-on-year growth. The…

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India’s industrial output quickens to 7.3% in June from 5.1% in May as manufacturing, electricity growth accelerates

India's industrial output marked a notable 7.3 percent growth in June 2026, fueled by a strong surge in manufacturing and an uptick in electricity provision. The mining sector enjoyed modest advancements, while water supply experienced more gradual improvements. Additionally, the revision of the IIP methodology to include Output PPI as…

The Economic Times

Meesho shares can rally to Rs 240? Why Motilal Oswal initiated coverage on the platform stock

Motilal Oswal has begun coverage on Meesho, awarding it a buy rating along with a target price indicating strong potential. The brokerage believes that free cash flow will start manifesting from FY27, highlighting Meesho's asset-light model as a crucial factor for growth. The company's recent Q1 performance showed reduced losses…

The Economic Times

Coal India's Q1 capex rises by 16.64% to Rs 3,399 crore

Coal India's capital expenditure rose sixteen point six four percent to three thousand three hundred ninety-nine crore rupees. Land acquisition and resettlement activities accounted for nearly one-fourth of the total expenditure during the quarter. The company also invested significantly in strengthening its coal evacuation infrastructure and plant machinery. Diversification into…

The Economic Times

Hindustan Unilever signals more price hikes as commodity inflation bites, shares tumble 7%

Hindustan Unilever plans further price increases to combat persistent commodity inflation. The company reported a profit decline while revenue saw healthy growth. Elevated input costs continue to pressure margins across the FMCG sector. HUL passed on only half of the inflation in pricing during the June quarter. Investors reacted negatively…

The Economic Times

Chennai airport chaos: Flyers face hours-long wait at international terminal entry

Hundreds of international passengers at Chennai airport allegedly faced hours-long delays on Tuesday morning after several entry gates to the international terminal remained closed during peak departure hours. Travellers bound for destinations including London, Dubai and Singapore reported long queues, raising concerns over missed flights and terminal management.

The Economic Times

Prime Minister cancelled Bihar tour realising BJP will lose Bankipur bypoll: Tejashwi Yadav

Tejashwi Yadav alleged Prime Minister Modi cancelled his Bihar visit. This cancellation occurred due to anticipated defeat in the Bankipur bypoll. Student unrest and government unpopularity were cited as reasons for the expected loss. The Bihar government announced withdrawal of cases against protesters. Yadav demanded a judicial inquiry into police…

The Economic Times

Meta, BlackRock partner on $14 billion El Paso data center

Meta Platforms and BlackRock are developing a $14 billion data center campus in El Paso, Texas. BlackRock-managed funds will own eighty percent of the venture, and Meta retains twenty percent. This significant investment fuels the global race to build essential artificial intelligence infrastructure. Meta plans to invest six hundred billion…

The Economic Times

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Adults have right to choose life partners: Calcutta HC orders protection for inter-faith wedding

The Calcutta High Court directed law enforcement to secure an upcoming inter-faith marriage in Howrah, emphasizing that adult individuals have the fundamental right to choose their spouses. Scheduled for Wednesday, the marriage will see police safeguarding the event and preventing any disruptions, with a compliance report expected seven days post-ceremony.

The Economic Times

ITR filing deadline of July 31, 2026: With only 4 days left to due date; 5 checks you must complete before submitting form

ITR filing: Taxpayers have four days remaining to file their Income Tax Return by the July 31, 2026 deadline. It is important to match Form 16 with AIS and Form 26AS for accurate tax deductions. Gather all income and deduction documents, and choose the correct tax regime for potential savings.

The Economic Times

Japan earthquake: From building to bridges, watch how powerful 7.1-magnitude tremors shook Kumamoto

Japan earthquake Update: A magnitude 7.1 earthquake struck Kumamoto Prefecture, Japan, causing significant disruption. The tremor registered the highest level on Japan's shindo scale, impacting local residents. Tsunami advisories were issued for coastal areas, urging immediate evacuation inland. Factories halted operations and rail services were suspended across the affected region.…

The Economic Times

Zinedine Zidane: The good, the bad and the ugly

Zinedine Zidane has been appointed France coach for the 2030 FIFA World Cup, marking a new chapter in the legendary football icon's career. From inspiring France's 1998 World Cup triumph and scoring Real Madrid's iconic Champions League final winner to winning three consecutive Champions League titles as a coach, Zidane's…

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The Economic Times

Travelling within the US? Some immigrants report airport detentions

Immigration lawyers are warning foreign nationals in the US to exercise caution while travelling on domestic flights after reports of increased DHS detentions at airports. The reported cases include individuals with pending immigration applications, valid work authorization and advance parole documents, prompting lawyers to advise travellers to carry all required…

The Economic Times

Thousands of children, sponsors arrested by ICE after tips from US child migrant agency

An investigation found that the US Office of Refugee Resettlement has shared more than 460,000 leads with Immigration and Customs Enforcement since President Donald Trump's second term began, resulting in over 12,000 arrests. The policy shift has led to migrant parents, sponsors and household members facing detention after seeking reunification…

The Economic Times

Thousands of children, sponsors arrested by ICE after tips from US child migrant agency

The Economic Times

New York weather today: NYC could get soaked by more than 4 inches of rain as ‘unusually powerful’ summer storm puts New York on flash flood alert

New York City weather: New York City and the Lower Hudson Valley are expected to get heavy rainfall on Tuesday, with the National Weather Service warning of the potential for severe thunderstorms. Forecasters have warned of flash flooding, damaging winds and even possible tornadoes in New York, adding that the…

The Economic Times

Zidane's dream realised as France legend succeeds Deschamps as national team coach

Zinedine Zidane has been appointed as the new French national football team coach. He signed a four-year contract, succeeding Didier Deschamps after his tenure ended. Zidane expressed his lifelong ambition to manage the French team, which was his sole focus. He previously enjoyed significant success managing Real Madrid, winning multiple…

The Economic Times

In 2001, a USDA scientist released beetles to destroy an invasive tree, but they eliminated 94% of an endangered bird's habitat along one river

An invasive beetle introduced to control tamarisk trees has devastated flycatcher nesting grounds. This beetle, released by the USDA, successfully defoliated the invasive trees. However, flycatchers had adapted to nesting in these tamarisk trees after habitat loss. The beetle's actions reduced critical habitat by ninety-four percent in some areas. Restoration…

The Economic Times

Trump orders 250 Cadillac Escalades: Features of the luxury SUV with 55-inch display, V8 engine and Rs 1 crore price tag

President Trump announced the purchase of 250 Cadillac Escalades for the presidential motorcade. He praised the luxury SUVs and American automobile manufacturing during a Michigan speech. The 2026 Cadillac Escalade features advanced technology and premium interiors. This flagship SUV offers powerful performance and extensive driver assistance systems. Trump also lauded…

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