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The Latest Breaking News from The Economic Times

After centuries in India, the last Cochin Jews try to keep their history alive

Kochi's historic Jew Town now has only two remaining Jewish congregants. These individuals strive to preserve their community's centuries-old heritage and traditions. Many Jews migrated to Israel in the 1950s, leaving behind their homes. Non-Jewish neighbors now actively work to maintain the Jewish culture and history. These preservation efforts ensure…

The Economic Times

Burger King gets 'whopping' success while McDonald's struggles: What is happening in burger market as Americans move away from junk food

Burger King's US sales increased significantly last quarter, marking five consecutive periods of growth. This surge followed investments in advertising, remodels, and menu upgrades, including a revamped Whopper. Limited-time offers, such as a Star Wars tie-in, also attracted more customers to the restaurants. In contrast, McDonald's US business experienced its…

The Economic Times

$Cardboard used to tie accident victim’s fractured leg at Bihar hospital, viral video sparks outrage and probe ordered$

Cardboard used to tie accident victim’s fractured leg at Bihar hospital, viral video sparks outrage and probe ordered

In a bizarre turn of events, a road accident victim had his fractured leg treated with pieces of a medicine carton at a Bihar hospital. Rushed by locals and relatives to Manjhaul Sub-Divisional Hospital, the staff employed ropes and bandages to create a makeshift splint. While the hospital in-charge supported…

The Economic Times

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Global Market: China, Hong Kong stocks rise as strong trade data and AI demand lift sentiment

China and Hong Kong equities advanced on Friday after stronger-than-expected July trade data reinforced confidence in the country's export resilience. Robust demand for AI-related technologies, particularly semiconductors, lifted investor sentiment, while Morgan Stanley reiterated its preference for Hong Kong equities amid improving earnings prospects.

The Economic Times

Crompton Greaves shares crash 7% despite strong Q1 results

Crompton Greaves Consumer Electricals shares fell to a day's low of ₹250 on Friday, even after posting strong Q1 results a day earlier. The company reported a 15.2% YoY jump in PAT to ₹143 crore (6.4% margin) and 11.8% YoY revenue growth to ₹2,235 crore, driven by broad-based performance across…

The Economic Times

'All part of NDA family': NCPI MP's highlight message of collective identity given by PM Modi at breakfast meet

Jagdish Basunia, a leader of the Nationalist Citizens Party of India (NCPI), on Friday described his breakfast meeting with Prime Minister Narendra Modi as a "great interaction," noting that the Prime Minister emphasised the collective identity of the National Democratic Alliance (NDA) as a "family."

The Economic Times

NEET UG 2026 paper leak: CBI chargesheets 3 NTA subject experts as public servants; may face life sentence, fine of Rs 10 crore, if proven guilty

In a significant development, the Central Bureau of Investigation has brought charges against three subject experts from the National Testing Agency. These individuals are accused of engaging in criminal breach of trust by illegally extracting confidential exam materials from NTA facilities. The charges further extend to misappropriation and distribution of…

The Economic Times

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Tamil Nadu CM Vijay proposes Karnataka talks in first remarks over Cauvery row

Tamil Nadu's Chief Minister C Joseph Vijay has extended an olive branch to Karnataka regarding the Cauvery issue, underscoring the importance of dialogue. He steered clear of trivial political maneuvering, recalling the state's long-standing efforts dating back to 1969 in managing the conflict. Vijay insisted on a strong legal approach…

The Economic Times

Hormuz uncertainty pushes landed costs up to 50%, raising risk of higher consumer prices

The escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in freight rates and additional war-risk charges are complicating overall costs, which are now trickling down to consumers.

The Economic Times

Kalyan Jewellers shares jump 5% after Jefferies starts coverage with 'Buy'. More upside after 63% rally in 1 month?

Kalyan Jewellers shares witnessed an uptick on Friday after Jefferies initiated coverage with a Buy rating and Rs 830 target, implying 39% upside. The stock has rallied 63% in a month. Analysts see further gains, citing strong momentum, franchise-led expansion, healthy returns and improving operating performance.

The Economic Times

Gold prices jump Rs 6,400/10 grams this week, silver soars Rs 11,502/kg amid peace deal optimism. Big rally ahead?

Gold and silver prices climbed on the MCX on Friday, extending their recent gains as easing oil prices and expectations around U.S. interest rates supported sentiment. Investors are now awaiting the U.S. nonfarm payrolls report for clues on the Federal Reserve's next policy move, while analysts advise caution ahead of…

The Economic Times

200% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into nearly Rs 3 lakh

The Reserve Bank of India has announced the redemption price for the SGB 2020-21 Series-XI, set at Rs 14,564 per unit. Investors seeking to redeem their bonds beforehand can do so starting August 7, 2026, after a five-year term.

The Economic Times

Resident accused of maintenance default and nuisance wins eviction case lodged by housing society; Maharashtra co-op appellate court explains why

Resident ordered by housing society to evict on grounds of maintenance default, creation of nuisance and using open space as his garden; Maharashtra Co-Op Appellate court cancels eviction and rules resident cannot be evicted by housing society for this reason. Know more.

The Economic Times

Jefferies' Chris Wood sells HDFC Bank, PB Fintech shares to buy 2 new stocks

Jefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB Fintech's PolicyBazaar in favor of Multi Commodity Exchange of India (MCX) and eyewear retailer Lenskart Solutions. The move, detailed in his GREED & fear report, signals a shift toward exchange infrastructure and consumer retail plays.

The Economic Times

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Scientists use AI to create viruses that don’t exist in nature for the first time

Scientists have designed and created new viruses using artificial intelligence. These AI-designed bacteriophages successfully replicated and killed E. coli bacteria. This breakthrough marks a significant advancement in synthetic biology and potential medical applications. The technology could aid in developing new treatments for antibiotic-resistant infections.

The Economic Times

Indian bonds buckle under oil spike, fresh debt sale

Indian government bonds declined early Friday, reversing some weekly gains. Higher oil prices and global rate fears impacted investor sentiment before a large debt sale. New Delhi plans to raise 320 billion rupees through bond auctions later today. The benchmark Brent crude contract saw a significant price increase since Tuesday.…

The Economic Times

Airport closes in Okinawa as Typhoon Dolphin approaches southern Japan

Typhoon Dolphin is approaching Japan's southern remote islands, causing significant disruption. Okinawa's main airport has closed, grounding all flights and leading to evacuations. Hundreds of people have sought shelter in designated evacuation centers across the island. Residents are taking precautions against expected strong winds, heavy rain, and high waves. The…

The Economic Times

US Stock Market: SpaceX shares gain as first lockup expiry more than doubles tradable float

SpaceX shares rose over 6% on Thursday in heavy trading, with more than $23 billion worth of shares changing hands — likely the busiest session since the company joined the Nasdaq 100 on July 7. The rally came despite the first of several scheduled lockup expiries, which more than doubled…

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The Economic Times

Shreya Kalra’s Mumbai home: Inside Lock Upp season 2 winner’s stylish, smart and vastu-friendly space with cozy interiors and a stunning skyline balcony

Lock Upp winner Shreya Kalra and partner Rishabh Jaiswal revealed their Mumbai home. They thoughtfully designed their modern and Vastu-compliant residence together. The living room offers a cozy and luxurious atmosphere with neutral tones. Their kitchen is sleek, minimalist, and highly functional for daily needs. A dedicated awards corner and…

The Economic Times

Global Market: Japan stocks fall over 1% as chip shares tumble, SoftBank declines despite earnings beat

Japan's Nikkei fell over 1% on Friday, dragged down by a selloff in AI and semiconductor stocks, even as the broader Topix stayed roughly flat. SoftBank Group was a key laggard, dropping 4.3% despite posting a smaller-than-expected 18% profit decline for the quarter, investors weren't convinced the results were strong…

The Economic Times

India, which once couldn't make smallpox vaccine, has now crossed a pharma milestone the world can't ignore

2026 Independence Day: India's pharmaceutical industry marks a historic milestone with a new drug approval. This achievement reflects decades of growth from importing medicines to global leadership. The nation now supplies a significant portion of the world's generic medicines and vaccines. The Covid-19 pandemic further showcased the industry's manufacturing capabilities…

The Economic Times

Superfood Moringa: No more bitter taste? Scientists find new ways to use every part of 'miracle tree' in cheela, muffins, cookies & more

Scientists are developing new food technologies using the moringa tree, with innovations that utilise nearly every part of the plant and help reduce food waste. Moringa kernels are processed into flour for use in various food products, while nutrient-rich seed cake, a residue left after oil extraction, is being incorporated…

The Economic Times

India, China hold 36th WMCC talks, underline peace along LAC vital for bilateral ties

India and China held their 36th border consultation meeting in New Delhi. The two nations reviewed the situation along the Line of Actual Control. Maintaining peace in border areas is essential for overall bilateral relations. Both sides agreed to use existing diplomatic and military channels for resolution. Discussions also covered…

The Economic Times

"No need for all-party meeting on Mekedatu": Tamil Nadu CM Vijay says " will not compromise on the rights regarding the Cauvery water issue"

Tamil Nadu Chief Minister Vijay stated no all-party meeting is needed for the Mekedatu Dam issue. He assured the government will protect the state's Cauvery water rights. Opposition leader Udhayanidhi Stalin criticized the Chief Minister's stance and arrest. Stalin questioned the delay in convening an all-party meeting on the dispute.…

The Economic Times

This summer isn't breaking heat records - yet. Wait until El Nino kicks in, scientists say

With a formidable El Nino set to escalate global temperatures, the weather patterns we rely on are likely to be severely altered. Experts warn that 2026 may record the highest temperatures ever, overtaking 2024.

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