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The Latest Breaking News from 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

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

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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…

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

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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…

The Economic Times

IPO wave: six companies eye nearly Rs 5,600 cr next week

Anticipation is high in the primary market as six firms prepare to launch IPOs this week, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart. With an increase in public issues, these companies aim to secure funds for growth and development. Following several recent market activities, this wave of IPOs…

The Economic Times

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Shah Rukh Khan, Ajay Devgn, Tiger Shroff face FDA notices over pan masala ads; asked to remove promotional posts in 15 days

Maharashtra FDA has issued show-cause notices to Shah Rukh Khan, Ajay Devgn and Tiger Shroff over their endorsement of Vimal Pan Masala/Elaichi advertisements. Citing Section 24 of the Food Safety and Standards Act, the regulator has directed them to remove the promotional content from social media within 15 days, warning…

The Economic Times

Trump's 2024 grocery photo op now haunts Republicans in the midterms

Rising grocery and fuel prices are emerging as a political vulnerability for US Republicans ahead of the November midterms. Despite Donald Trump’s pledge to lower living costs, prices of several staples remain elevated, contributing to voter frustration over affordability.

The Economic Times

The buck stops somewhere else: A look at Trump's tendency to avoid blame when things go awry

US President Donald Trump has repeatedly blamed predecessors and others for economic, foreign-policy and domestic problems, drawing scrutiny over his approach to presidential accountability. The issue is gaining attention as Republicans prepare to defend their congressional majorities in the November midterm elections.

The Economic Times

Indonesia earthquake: 51 killed, power outages hit 20 petrol stations; thousands evacuate after 7.7-magnitude quake

A magnitude-7.7 earthquake in eastern Indonesia has killed at least 51 people and injured more than 110, prompting the evacuation of around 5,000 residents. Landslides blocked roads, while more than 1,300 homes were damaged.

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The Economic Times

BJP leader Biswajit Talukdar arrested for abducting businessman's son in West Bengal's Cooch Behar

A BJP leader was arrested in West Bengal's Cooch Behar district. He allegedly extorted money from vehicles and abducted a businessman's son. The abduction occurred after the family failed to pay the demanded amount. The accused is also accused of regularly collecting money from goods vehicles. Police are investigating the…

The Economic Times

Small, microcaps offer better alpha opportunities; midcaps look expensive: Equitree CIO Pawan Bharaddia

Indian equities may stay supported by a resilient domestic economy, but future returns are likely to depend more on earnings growth than valuation re-rating, says Pawan Bharaddia of Equitree Capital Advisors. He sees alpha opportunities in select small and microcaps, especially those with a ₹1,000–5,000 crore market cap, while largecaps…

The Economic Times

US woman gets emotional as Indian family leaves country to move back to homeland; netizens say this is what we should leave behind

An emotional video capturing an American woman's heartfelt goodbye to her Indian neighbors has taken the internet by storm. As the couple prepared to leave their residence in the US for their homeland, a friend secretly filmed the poignant farewell. The footage beautifully illustrates the deep connections nurtured among neighbors,…

The Economic Times

414 protected monuments and areas witnessed encroachments; government says appropriate action taken in such cases

India has declared 3,688 ancient monuments as national importance sites. Of these, 414 protected sites have reported encroachments by individuals. The government is taking action under the AMASR Act for their protection. Surveys and geo-referencing of monument boundaries are now complete. This data is uploaded to the Bhuvan Portal for…

The Economic Times

'India deeply values its friendship with Israel': PM Modi thanks Israeli President for Independence Day wishes

Prime Minister Modi thanked President Herzog for warm wishes on India's Independence Day. He emphasized the value of India's friendship with Israel and strategic partnership. Israeli Prime Minister Netanyahu also extended greetings, calling the friendship boundless. Leaders from Australia, Russia, Maldives, France, and Bhutan sent congratulatory messages. These greetings highlight…

The Economic Times

Zinc Rally: What's drivingprices to record highs and what lies ahead?

Zinc prices have escalated to their highest levels in years on international markets, fueled by supply interruptions and dwindling stockpiles. The robust industrial need, particularly for galvanized steel, is sustaining these elevated prices. Currently, the global zinc market is experiencing a minor shortfall, a trend likely to endure. Looking ahead,…

The Economic Times

Charting the Global Economy: US CPI softens, UK economy expands

US inflation showed little acceleration in July, reinforcing the Federal Reserve's pause on rate hikes. European economies continued to show resilience, with the UK expanding in June. France also expects to maintain its economic momentum this quarter. Investors favored higher-yield assets in emerging markets.

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