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The Latest Breaking News from The Economic Times

WTO to set up dispute panel in China's case against India's solar, IT goods measures

China has successfully established a World Trade Organization panel to challenge India's solar cell, module, and IT goods policies. Beijing alleges these measures, including tariffs and incentives, unfairly target Chinese products. India had previously blocked the request, but the WTO body accepted China's second attempt. The panel will now scrutinize…

The Economic Times

Centre auctions 10 critical mineral blocks in 7th round

India has successfully auctioned 10 critical and strategic mineral blocks, bringing the total to 56. This significant expansion includes first-time auctions in Gujarat, Uttarakhand, and Telangana for minerals like graphite and rare earth elements. The move aims to bolster domestic supply chains and advance the nation's critical mineral mission, alongside…

The Economic Times

West Bengal to review road names, Suvendu Adhikari rules out Mughal, Pathan references

West Bengal Chief Minister Suvendu Adhikari announced a committee to review road and area names in Kolkata, vowing to remove those honoring Mughals, Pathans, or 'oppressive' British rulers. This follows the renaming of Suhrawardy Avenue, sparking a debate over historical accuracy. Adhikari stated only names of 'genuine patriots' will be…

The Economic Times

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Life lesson of the day by Stephen Hawking: “Intelligence is the ability to adapt to change” — Learn the inspiring and thought-provoking lessons from the man who defied devastating odds to reshape science, and discover why resilience, and adaptability matter more than talent in today's fast-changing world

Stephen Hawking’s Life Lesson: “Intelligence Is the Ability to Adapt to Change” — This timeless wisdom offers a vital blueprint for navigating personal struggles and professional challenges. By understanding this mindset, we can transform unexpected obstacles into powerful stepping stones for success.

The Economic Times

Why Meta’s Cred investment matters for WhatsApp Pay in India

Meta's substantial investment in Cred and appointing its founder Kunal Shah as global head of WhatsApp signals a major push into India's fintech landscape. For Meta, with Shah at the helm, there is a chance that WhatsApp's position in India, its largest market, will go beyond messaging into payments, commerce,…

The Economic Times

Psychology says people who constantly lose their handkerchiefs aren't forgetful, their brains may be overwhelmed by competing priorities

Psychology teaches us that everyday habits often reveal how the brain manages competing priorities. The handkerchief itself is rarely the real story. Attention is. Mental overload is. Personal systems are. What may seem like a simple habit often reflects the ways people organize information, cope with busy schedules, and create…

The Economic Times

Early Anthropic backer Menlo lands $3 billion in its largest-ever haul

Menlo is set to announce that it’s raised $3 billion for a set of funds dedicated to backing AI startups, marking the venture firm’s largest fundraising haul to date. As part of that, Menlo, historically focused on backing newer startups, also intends to pursue more later-stage bets similar in size…

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Idiom of the Day: “Cut somebody some slack” — A simple idiom with a big life lesson

The idiom “cut somebody some slack” highlights the importance of patience, understanding, and flexibility in human interactions. It is commonly used when someone is under pressure, facing difficulties, or not performing at their usual standard. The phrase encourages others to be less strict or critical and instead respond with empathy…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Wednesday

Sensex and Nifty plunged over 1% on Tuesday amid global market weakness, IT sector losses, a weaker rupee and fresh foreign fund outflows. Investors will track technical levels, global cues, FII activity and key stock movements on Wednesday as markets look for direction after the sharp decline.

The Economic Times

US Stocks Today | Chip stocks plunge, but bargain-hunters stem losses in other tech names

US chip stocks experienced a significant tumble, impacting the broader market and wiping out billions in value. While tech giants like Nvidia and Tesla saw declines, bargain hunters emerged, offering some support. This selloff, attributed to concentrated trading and shifting sentiment rather than AI fundamentals, highlights the volatility in the…

The Economic Times

US Stocks | AI chip slump extends on Wall St as SanDisk sinks 12%, Micron drops 9% and AMD falls 5%

Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI beneficiaries. Memory chipmakers like SanDisk and Micron saw substantial drops as investors re-evaluated high valuations amid escalating AI spending. This correction, also affecting broader tech, signals growing caution about the speed of returns from massive AI investments,…

The Economic Times

Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P Global

Shipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far below pre-war levels. Indian refiners, however, are demonstrating remarkable resilience, successfully diversifying their crude oil sources to include Russian, Brazilian, West African, and US grades amidst ongoing global energy supply…

The Economic Times

CCI clears Honda's proposal to acquire additional 21% stake in Astemo

Japan's Honda Motor Co. has received a green light from the Competition Commission of India (CCI) to acquire an additional 21% stake in automotive components maker Astemo from Hitachi. This move will transform Astemo into a consolidated subsidiary of Honda. The deal, announced last December, will see Honda's ownership increase…

The Economic Times

Best quote of the day by Selena Gomez: 'You are who you surround yourself with. I know that's such a...' - Only Murders in the Building star and Come & Get It singer teaches life lesson on choosing the right friends and why the people around you shape your future

Best quote of the day by Selena Gomez: Selena Gomez emphasizes the profound impact of our social circles on personal growth and identity. She highlights that the people we associate with, whether friends, family, or colleagues, significantly shape our thoughts, behaviors, and self-perception.

The Economic Times

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Govt to sell up to 2% stake in IRFC via OFS; issue opens Wednesday

The government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale is part of the Centre's disinvestment strategy and aims to improve public shareholding, liquidity and compliance with Sebi's minimum public shareholding norms.

The Economic Times

Southwest monsoon covers entire Odisha: IMD

Odisha has been fully covered by the Southwest monsoon as of Tuesday, with several districts experiencing heavy rainfall. The India Meteorological Department forecasts continued rain and thunderstorms across the state, with gusty winds up to 50 kmph expected. Heavy downpours are predicted for Cuttack, Rayagada, Koraput, Gajapati, and Nayagarh on…

The Economic Times

General Motors layoffs: GM replaces over 1,000 workers with 50 robots at US flagship plant in Michigan, says "we are implementing..."

General Motors Detroit plant robots: General Motors has introduced 50 collaborative robots at its Factory Zero plant, a move that has led to over 1,000 job cuts. While GM states these 'cobots' are designed to assist workers and improve conditions, the United Auto Workers union strongly criticizes the decision, viewing…

The Economic Times

Honasa Consumer enters nutraceuticals segment; to acquires 58 pc stake in Fluence Pharma

Honasa Consumer, parent of Mamaearth, is acquiring a 58% stake in nutraceuticals firm Fluence Pharma for Rs 135 crore, marking its entry into the health and wellness supplements market. This strategic move aims to leverage Fluence's patented technology and dermatologist network to expand Honasa's 'inside-out' beauty solutions. The acquisition is…

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The Economic Times

Kerala reports 15 new Shigella cases; June tally rises to 165

Kerala's Thiruvananthapuram district reported 15 new Shigella cases on Tuesday, with Kozhikode leading the infections. The state has seen 165 Shigella cases and six deaths this June, totaling 241 infections this year. Outbreaks are active in Kozhikode, Wayanad, Thrissur, and Alappuzha. Meanwhile, 11 low-risk Nipah contacts have been cleared from…

The Economic Times

Beneath the Alps, Switzerland quietly built an underground network so large it feels like another country

Hidden beneath the Swiss Alps is one of the world’s most remarkable engineering networks: more than 1,400 tunnels spanning over 2,000 kilometers. Led by the 57-kilometer Gotthard Base Tunnel, this vast underground system shifted freight from trucks to rail, cutting emissions, easing congestion, and turning Switzerland into a global model…

The Economic Times

Iran war actual cost: How much fund Donald Trump's U.S. is spending in conflict against Tehran? Amount will shock Americans

Iran war comes with a high cost for President Donald Trump and the U.S. As experts still trying to gauge the actual cost of the Iran war.

The Economic Times

UN chief calls on AI firms to come clean on environmental costs

The rapid development of data centres globally to fuel the AI revolution has drawn scrutiny from environmental groups for their high energy and ‌water use ⁠and lack ⁠of transparency.

The Economic Times

Chinese idiom of the day: 'Draw a snake and add feet' - this Chinese saying on simplicity reveals why overdoing things can lead to failure and why knowing when to stop is important

Chinese idiom of the day: An ancient Chinese tale warns against overdoing things with the idiom 'Draw a snake and add feet.' This highlights how excessive ambition or overconfidence can spoil a good effort, urging us to recognize completion and avoid unnecessary complications in all aspects of life.

The Economic Times

Ben Lamm and Colossal Biosciences: The billionaire tech founder behind the $10 billion plan to bring back extinct animals

Tech entrepreneur Ben Lamm is spearheading Colossal Biosciences, a company aiming to bring back extinct species like the woolly mammoth through genetic engineering. Despite no living mammoth or commercial product, Lamm has secured significant investor backing, valuing the company at over $10 billion. While controversial, the venture explores creating hybrid…

The Economic Times

Inspirational Proverb of the Day: “He who has health has hope; and he who has hope has… — Life lessons on mental health, optimism, strength, wellness and why you should never lose hope

Inspirational Proverb of the Day highlights the meaning of “He who has health has hope; and he who has hope has everything.” The saying reflects how health and hope form the foundation of a meaningful and fulfilling life. It suggests that good health gives people the strength to move forward,…

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