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The Latest Breaking News from The Economic Times

Ixigo posts record Q1 profit, but stock tumbles 9%. Here's what worried Dalal Street

Ixigo shares fell nearly 9% despite the online travel company reporting its highest-ever quarterly profit in Q1FY27. The stock came under pressure after brokerages turned cautious, citing continued investments in hotels, AI and other growth initiatives that could weigh on near-term profitability. Shares later pared losses but remained down over…

The Economic Times

No one has ever seen me and Batman in same room: Rahul Gandhi's witty reply on Instagram

Rahul Gandhi engaged with Gen Z through an Instagram 'Ask Me Anything' session. He addressed student protests and shared his views on dog ownership. Gandhi also named Captain Amarinder Singh as his favorite BJP politician. The initiative aimed to connect with younger voters and address their concerns. This outreach follows…

The Economic Times

India on track to exceed key fundraising goal on state-firm stake sales

India is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Although increased fertiliser costs and fuel subsidies pose a challenge to public financial stability due to regional disputes, the country has already garnered over $5.5 billion from diverse stake sales.

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Opposition cannot dictate which minister will come to House and respond, says Rijiju in Lok Sabha

Parliamentary Affairs Minister Kiren Rijiju stated the opposition cannot dictate ministerial responses. He asserted that Home Minister Amit Shah attends Parliament daily and stays late. Rijiju told the opposition they would not be able to digest Shah's response. The government and the Chair decide which minister will respond to questions.…

The Economic Times

US envoy Sergio Gor meets key industry leaders to advance US-India collaborations

US Ambassador Sergio Gor met industry leaders and government officials on Friday. Discussions focused on strengthening US-India collaborations across advanced manufacturing and technology sectors. The critical minerals sector was also a key area for enhancing strategic supply chains between nations. Assistant Secretary Wesley R. Brooks highlighted opportunities in recycling and…

The Economic Times

Godrej Consumer shares slide 4% after Q1 margin falls amid commodity inflation; Rs 5/share dividend declared

Godrej Consumer Products shares fell 4.3% after the FMCG major reported its June quarter results. Consolidated net profit rose 12% year-on-year to Rs 505 crore, while revenue from operations increased 18% to Rs 4,225 crore. Despite healthy growth, the stock declined as investors reacted to the quarterly performance.

The Economic Times

Independence Day Drawing 2026: Easy poster ideas, creative themes, and tips for students to make attractive designs

Independence Day Poster Ideas: With Independence Day 2026 is almost here, schools across India are buzzing with excitement as students embark on creating colorful drawings and posters to celebrate their patriotism. These projects not only display the tricolour flag, freedom fighters, and historic monuments but also strengthen the bond between…

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Forget Nvidia chips, China's next big race is being slowed down by an unlikely rival: monkeys

Lab primate prices in China have surged over 1,000% in eight years, with a single cynomolgus macaque now costing around Rs 22 lakh. The shortage is delaying preclinical drug trials by up to ten months, projected to persist until 2028, and is now being compared by industry insiders to the…

The Economic Times

Relief for Dabur as Delhi HC stays FSSAI order banning product sale over ‘100%’ claims

The Delhi High Court has halted an FSSAI order that banned Dabur India's product sales. This order targeted claims like '100% Pure' and '100% Natural' on various food items. Dabur challenged the regulator's action, citing a lack of prior notice and hearing opportunity. The company argued the FSSAI order was…

The Economic Times

Lawrence Bishnoi crime syndicate exploited Canada's student and work permits for criminal expansion, CBSA report reveals

A Canadian intelligence report indicates the Lawrence Bishnoi crime syndicate exploited temporary permits. This group has established a growing operational presence and used immigration programs for criminal purposes. Investigations increasingly identify Indian nationals holding permits as participants in organized criminal activities. The syndicate's expansion is linked to a rise in…

The Economic Times

RBI's draft curbs on revolving credit may impact NBFC flexi loans: Morgan Stanley

The Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) could affect flexi and overdraft loan products across corporate, MSME and unsecured personal loan segments, according to a Morgan Stanley report.

The Economic Times

Adani Green Energy shares can rally up to 23%. Why Axis Capital, Elara initiated coverage

Brokerages Axis Capital and Elara Capital initiated coverage on Adani Green Energy, citing its ambitious plan to expand renewable energy capacity to 50 GW and strong long-term growth prospects. The firms see up to 23% upside, backed by robust capacity additions, improving cash flows and India's accelerating clean energy transition.

The Economic Times

US Stock Market: Warsh's Fed leaves markets searching for policy clues

Federal Reserve Chair Kevin Warsh is changing the central bank’s communication approach, reducing reliance on forward guidance and leaving markets to interpret economic data more independently. The shift has triggered volatility in bond markets, with investors seeking clarity on future rate moves. As inflation remains elevated, the Fed’s new strategy…

The Economic Times

Behari Lal Engineering IPO price band set at Rs 271-285, issue opens on August 12

Behari Lal Engineering will launch its IPO on August 12 with a price band of Rs 271–285 per share, aiming to raise over Rs 301 crore through a fresh issue and an offer for sale. The company plans to use the proceeds to expand manufacturing capacity, install rooftop solar systems,…

The Economic Times

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The Economic Times

Anand Mahindra gets teary eyed over Smriti Irani's 'you're raising someone to forget you' take on motherhood: Watch video

Anand Mahindra praised Smriti Irani's powerful speech on motherhood. He shared his own mother's enduring love and strength. Irani spoke about the challenges of working mothers and children growing up. She highlighted the bittersweet nature of preparing children for independence. Irani concluded by emphasizing a woman's tenacity and a mother's…

The Economic Times

Flu not going away? Delhi-NCR reports 1,344 H1N1 cases; doctors reveal warning signs you shouldn't ignore

Delhi-NCR is witnessing a significant surge in H1N1 influenza cases this year. Delhi alone has reported over thirteen hundred cases, a substantial increase from last year. Hospitals across Gurgaon and Faridabad are also observing more patients with flu-like symptoms. Doctors advise vigilance for persistent symptoms, especially in children and vulnerable…

The Economic Times

L&T bags major offshore orders worth Rs 5,000-10,000 crore from ONGC for pipeline replacement

Larsen & Toubro has secured significant offshore orders from ONGC. These orders are valued between five thousand and ten thousand crore rupees. The projects involve pipeline replacement and well head platforms off India's west coast. L&T Energy Hydrocarbon Offshore will execute these critical engineering projects. This reaffirms L&T's role in…

The Economic Times

Bonus issue alert! This smallcap infra stock that jumped 50% in a month has declared 1:1 bonus issue

Chavda Infra has announced a 1:1 bonus issue, with shareholders set to receive one additional share for every share held. The Ahmedabad-based infrastructure company’s stock has surged 53% in a month and 71% from its 52-week low, taking its market capitalisation above Rs 439 crore.

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The Economic Times

Global Market: China’s July exports top forecasts as AI boom and pre-tariff rush fuel trade growth

China's July exports rose 23.9%, beating forecasts as strong global AI-related demand and pre-tariff shipments boosted trade. High-tech and semiconductor exports remained key growth drivers despite fresh U.S. restrictions. Robust exports supported markets, but weak domestic demand, slowing investment and escalating trade tensions continue to cloud China's broader economic outlook.

The Economic Times

SC rejects Mahua Moitra's plea over appearing before police in hate speech case

The Supreme Court declined to hear Mahua Moitra's challenge to a high court order. She was directed to appear before police on August 15 for questioning. The court noted her status as a Member of Parliament and her fears. Moitra's lawyer withdrew the plea after the bench's disinclination. The matter…

The Economic Times

Parliament adjourned for day amid Opposition protests over NEET, Ram temple donation issue

Parliamentary proceedings were adjourned for the day on Friday due to ongoing Opposition protests. Members demanded a statement from the Home Minister regarding NEET paper leak issues. Protests also highlighted alleged theft of donations at the Ram temple in Ayodhya. The Lok Sabha passed a bill amid the disruptions without…

The Economic Times

Supreme Court refuses to entertain plea for FIR, probe against former HC judge Yashwant Varma

The Supreme Court has declined to entertain a request for the filing of an FIR and subsequent investigation regarding the cache of cash discovered following a fire at former judge Varma's residence. The attorney contended that a resignation does not eliminate criminal responsibility for undisclosed funds. The bench dismissed the…

The Economic Times

Gen Z doesn't need certificate from Bhagwat: Priyanka Gandhi

Priyanka Gandhi criticized Mohan Bhagwat's support for Gen Z protests. She stated young people do not need his certificate. Bhagwat had earlier backed Gen Z's genuine grievances and honesty. He insisted protests by youth are not anti-national in democracy. Gandhi also questioned Amit Shah's absence from parliamentary sessions.

The Economic Times

RBI changes loan recovery rules:: No harassment, recorded calls, strict recovery agent code & more

The Reserve Bank of India has announced new guidelines for loan recovery starting in January 2027. These regulations require that banks properly train recovery agents while ensuring they adhere to professional standards during the process. Borrowers will receive notifications regarding the recovery agents assigned to them, and all communications will…

The Economic Times

ChatGPT owner OpenAI is launching a doughnut-shaped speaker, similar to Amazon's Alexa and Google's Nest, that will work on your command: What is it?

OpenAI plans a unique doughnut-shaped smart speaker for a 2027 release. This AI-first device will feature moving parts and advanced humanlike interactivity. It aims to offer a premium look and feel, costing over $300. The company is collaborating with Jony Ive's LoveFrom studio on the design. OpenAI believes its new…

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