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The Latest Breaking News from The Economic Times

Kamika Ekadashi Date 2026: August 8 or 9? Check correct tithi, parana time, puja vidhi, mantras and significance

Kamika Ekadashi Date 2026: On August 9, 2026, devotees will celebrate Kamika Ekadashi, a holy day devoted to Lord Vishnu. Devotees will engage in a day of fasting and perform rituals aimed at enhancing their spiritual journey. The fast will conclude, known as Parana, on August 10, 2026. Bestowing praises…

The Economic Times

EV retail sales break record at 3,27,901 units in July: FADA

India's electric vehicle retail sales hit a record 3,27,901 units in July. This represents a significant 66 percent year-over-year growth for the sector. The two-wheeler segment led this surge with 2,04,362 units sold. Electric passenger and three-wheeler sales also saw substantial increases. Overall, electric vehicles now constitute nearly one in…

The Economic Times

Global Market: European shares rise as healthcare stocks offset geopolitical concerns; investors await US jobs data

European stock markets edged higher on Friday, supported by gains in healthcare stocks, while rising oil prices and renewed Middle East tensions kept investors cautious ahead of the closely watched U.S. non-farm payrolls report.

The Economic Times

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Global equity funds extend inflow streak to 11 weeks as earnings optimism lifts risk appetite

Global equity funds extended their inflow streak to 11 weeks, attracting $21.15 billion in the week ended August 5. Strong corporate earnings and easing crude prices boosted risk appetite. European and Asian equity funds led regional inflows, while emerging market equities saw their strongest weekly inflows in over five months.

The Economic Times

The message behind the missile: Six signals sent by Agni-IV test

India’s Strategic Forces Command conducted the 10th test of the Agni-IV ballistic missile, and its sixth user trial. Since Agni-IV is already inducted into service, the test was less about developing new technology and more about demonstrating operational readiness, reliability and deterrence credibility.

The Economic Times

India reviewing bilateral investment treaty overhaul to boost foreign investment: Official

India is reviewing its bilateral investment treaty model soon. The cabinet will decide on changes to attract more foreign capital. This review comes as India negotiates new pacts with developed nations. Indian industry bodies also seek faster dispute resolution for investors. The nation aims to boost foreign direct investment compared…

The Economic Times

ETPL: Ajinkya Rahane unveiled as Amsterdam Flames' marquee signing

Widely admired for his leadership, consistency and professionalism, Rahane joins Amsterdam Flames at a time when European cricket is entering an exciting new phase of development. His arrival underlines the franchise's ambition to build a world-class brand while contributing meaningfully to the long-term growth of the sport.

The Economic Times

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More than 2-year delay in getting possession of the apartment, yet no compensation from MahaRERA; Know how accepting possession without protest hurt homebuyer's delayed compensation plea

Homebuyersgot no compensation for more than 2-year delay in possession of flat, MahaRERAorder; Know how accepting possession without protest cost them the delaycompensation. Know why homebuyers lost this case.

The Economic Times

This Uttarakhand youth built a flying car. Watch it take off in Almora

Ravi Tamta, a young innovator from Uttarakhand, has built and test-flown a single-seater flying car prototype in Almora using modified drone technology. Developed under his startup Hapida Sky Private Limited, the HAPIDA SKYNEX is designed as a personal flying vehicle that Tamta says could one day cut a 40-km road…

The Economic Times

Akhilesh cites Governor's remarks to target Yogi govt, calls 'double engine' a 'trouble engine'

Samajwadi Party chief Akhilesh Yadav criticized the Uttar Pradesh government. He shared Governor Anandiben Patel's concerns about a Gorakhpur university's issues. Yadav alleged that the state's governance model and Gujarat's model both showed corruption. He stated that the "double engine" government had become a "trouble engine." The BJP had not…

The Economic Times

SBI share price climbs 4% after Q1 profit jumps 10% YoY, beats estimates

SBI shares rose sharply on Friday after the lender reported a 10% year-on-year rise in Q1 FY27 standalone profit to Rs 21,121 crore, beating Street estimates. Net interest income rose 15% to Rs 46,992 crore, while total business crossed Rs 110 trillion. The stock remains 9% below its 52-week high.

The Economic Times

IT Rules tightened to suppress people's voices: Arvind Kejriwal

Arvind Kejriwal claims the Centre tightened IT Rules to suppress criticism. He stated governments should focus on governance and public discourse. The government announced amendments reducing content takedown times to two hours. Kejriwal believes suppressing criticism will increase public resentment. People will support those who do good work, he added.

The Economic Times

Ajinkya Rahane, once Virat Kohli's deputy, opens up on 2-year Test debut wait, shares important career lesson

Ajinkya Rahane discussed his challenging two-year wait as 12th man before his Test debut. He used this time to observe senior players and improve his own game. Rahane chose to improve himself rather than seek sympathy for being left out. Patience developed through his experiences in local trains and domestic…

The Economic Times

Mysterious well in Gujarat’s Morbi keeps producing strange waves without earthquake; locals gather to witness the unusual phenomenon

In Morbi district, Gujarat, a newly built well is captivating locals with its ongoing ripples and water waves. Authorities speculate that this odd occurrence may be due to recent heavy rainfall, which has enhanced groundwater recharge. They believe trapped air is surfacing from rock pores, creating visible disturbances. This phenomenon…

The Economic Times

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The Economic Times

RBI allows gradual device restrictions for EMI defaults, eases recovery agent disclosure norms

The Reserve Bank of India will permit lenders to restrict devices bought on EMI financing. These restrictions will be gradual and only after a loan is significantly overdue. Incoming calls and emergency functions will remain accessible to borrowers. Disclosure requirements for recovery agents have also been eased by the central…

The Economic Times

Calcutta HC refuses urgent hearing to Abhishek Banerjee's aide Sumit Roy in plea to quash 4 FIRs

In a significant legal development, the Calcutta High Court has turned down the urgent hearing request made by Sumit Roy regarding four newly filed FIRs in West Bengal. Previously, the Supreme Court had intervened to stay Roy's arrest tied to a land-grabbing case, and he successfully obtained anticipatory bail concerning…

The Economic Times

AIMIM corporator held for sheltering TCS 'sexual harassment' case accused

An AIMIM corporator was arrested for allegedly aiding an accused in a TCS sexual harassment case. Mateen Patel provided shelter to Nida Khan, who is now out on bail. Police summoned Patel for an inquiry, but he failed to appear. A special team brought Patel to Nashik for further investigation.…

The Economic Times

India's latest trade deals to open new global markets for Arunachal farmers, manufacturers: Piyush Goyal

New trade deals offer Arunachal Pradesh farmers and manufacturers global market access. Nine agreements spanning thirty-eight countries create wider export opportunities for producers. These pacts aim to lower tariffs and reduce trade barriers for Indian exporters. Arunachal Pradesh's agriculture and horticulture sectors hold significant export potential. Strengthening infrastructure and market…

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The Economic Times

Chinese startup Moonshot's AI model breaks out of testing environment, researchers say

AI models are typically run in isolated "sandboxes" during cybersecurity tests to block access to external information and assess their ability to solve problems independently. Kimi K3 bypassed one such sandbox, allowing it to access information beyond the test ⁠environment, U.S.-based ‌cybersecurity research firm Frontier Security said.

The Economic Times

Indian July consumer inflation likely edged higher on food prices: Reuters poll

India’s retail inflation likely rose to 4.50% in July from 4.38% in June, according to a Reuters poll of 40 economists, marking a second straight month above the RBI’s 4% medium-term target.

The Economic Times

This 3,500-km-wide icy cloud band from China to India is bringing rain from Kashmir to Kanyakumari

A giant 3,500-km-wide cloud band stretching from western China across the Tibetan Plateau, Himalayas and into India has been captured by INSAT-3DS. The icy cloud canopy is not one massive storm but the combined outflow of dozens of monsoon thunderstorms, whose high-altitude ice clouds merge and stretch across the region.

The Economic Times

This Bengaluru startup wants to give ageing satellites a 'power bank' in space

Aule Space is developing "jetpack" satellites to dock with aging spacecraft. These innovative spacecraft will take over propulsion and extend operational life. The company recently tested its guidance system at an Isro facility. Aule plans an in-orbit demonstration next year for private docking. This technology could significantly extend satellite service…

The Economic Times

E20 policy imposed under Trump's pressure to facilitate US ethanol imports: Arvind Kejriwal

Arvind Kejriwal alleges the E20 fuel program was implemented under US pressure. He claims the government forced the policy without adequate infrastructure upgrades. Millions of vehicles manufactured before 2023 are not compatible with this new fuel blend. Kejriwal urges people to defer purchasing petrol and diesel vehicles for now.

The Economic Times

Shiromani Akali Dal chief Sukhbir Singh Badal meets PM Modi

The SAD was one of the oldest constituents of the NDA with more than 20 years of association when it left the alliance in 2020 over the three agriculture laws, which were later withdrawn by the Modi government.

The Economic Times

AB-PMJAY guideline violations: Over 2,000 hospitals de-empanelled, 1,200 suspended, says Nadda

Over two thousand hospitals faced de-empanelment for scheme guideline violations. Automated triggers detect suspicious claims within twenty-four hours of submission. Confirmed fraudulent claims are not paid, saving significant funds for the scheme. Ayushman Bharat Health Accounts have seen widespread creation across the nation. Millions of Ayushman cards were created for…

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