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The Latest Breaking News from The Economic Times

Sweden backs India's permanent UNSC seat, sees defence manufacturing as next big chapter in bilateral ties

Outgoing Swedish Ambassador Jan Thesleff supports India's permanent UNSC membership bid. He emphasized defense manufacturing and innovation as key partnership pillars. Swedish companies are increasing manufacturing facilities in India under "Make in India." The bilateral relationship has evolved significantly over recent decades. Both nations advocate for a rules-based world order…

The Economic Times

Donald Trump's attorney general pick clears key hurdle as GOP senator backs Blanche

Senator Bill Cassidy will support Todd Blanche's nomination for attorney general. This decision likely ensures Blanche's confirmation to lead the Justice Department. Opposition from two other Republicans had previously cast doubt on the nomination. Concerns centered on a settlement involving tax audit immunity and a proposed fund. Cassidy stated his…

The Economic Times

US appeals court blocks Donald Trump's $400 million White House ballroom project

A federal appeals court has ordered the Trump administration to stop White House ballroom construction. The court upheld a preliminary injunction against the $400 million project. This ruling tests the presidential authority of Donald Trump. The administration must now seek congressional authorization for the ballroom. The court placed its ruling…

The Economic Times

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India amends FDI rules to boost e-commerce for small businesses, artisans, farmers, and fishermen: Union Minister Piyush Goyal

India has amended foreign direct investment regulations to boost e-commerce trade. These changes will help small businesses, artisans, farmers, and fishermen access wider markets. BRICS ministers discussed enhancing trade, investment, and industrial cooperation among member nations. Discussions also focused on creating jobs through emerging technologies like artificial intelligence. India aims…

The Economic Times

Oil companies reject E20 fuel contamination claims, say nationwide tests found no quality issues

State-run oil companies have dismissed concerns regarding E20 petrol quality. Extensive nationwide testing found no evidence of excessive moisture or chloride contamination. Fuel quality consistently remained within prescribed standards across the entire supply chain. Isolated instances of elevated chloride levels were immediately addressed and rectified. Consumers can confidently use E20…

The Economic Times

Psychology says making progress, even small progress, can improve mood more than reaching a goal

Psychology says us that happiness is not reserved only for life's biggest achievements. Our minds are remarkably responsive to movement, growth and evidence that today's efforts are making tomorrow possible.

The Economic Times

Spain threatens retaliation on Italy if border controls not lifted

Spain has threatened reciprocal measures against Italy over border controls. Rome imposed these checks after a migrant influx into the Spanish enclave of Ceuta. Spain called Italy's decision unjustified and discriminatory against its population. Italy justified its move to prevent migrants from reaching its territory. The dispute highlights differing migration…

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‘I gave up on having kids while I’m at Meta’: Employee says layoff fears derailed family plans, internet erupts

An anonymous Meta employee has gone viral after revealing that fears of future layoffs have made her postpone having children. In a candid post on Blind, she said the lack of job security, shifting company priorities and uncertainty about returning from maternity leave have left her unwilling to start a…

The Economic Times

RBI rejects Religare's proposal for demerger

Religare Enterprises' demerger plan has been rejected by the Reserve Bank of India. The company received official communication regarding the rejection on August 6, 2026. Religare Finvest Ltd also received a similar communication from the regulator. However, stock exchanges have provided their no objection and observation letters. The company will…

The Economic Times

What is the Patriot missile system and why are supplies depleted worldwide?

The Patriot air defense system faces high demand amid global conflicts. Ukraine urgently needs interceptors to counter Russian missile strikes. Middle East conflicts have depleted arsenals in the US and Gulf nations. Several European countries are also conserving their missile supplies. This situation prompts increased production and potential foreign manufacturing…

The Economic Times

Quote of the day by Desmond Tutu: "Forgiving is not forgetting; it's remembering and choosing not to..." — Life lessons from an inspiring quote by the Nobel Peace prize-winning South African archbishop on forgiveness, healing, resilience, relationships, compassion, new beginnings, and why letting go can break the cycle of pain

Today's Quote of the Day by Desmond Tutu: Desmond Tutu’s famous quote on forgiveness redefines how individuals and society approach post-conflict healing and restorative justice. Rather than defining forgiveness as deliberate memory erasure, Tutu frames it as an intentional act of remembering past injustice while explicitly surrendering the right to…

The Economic Times

NEET paper leak: CBI books NTA experts; life term and Rs 1 crore fine possible

Three experts from the NTA are in hot water as they face charges for purportedly leaking NEET-UG 2026 question papers, thus breaching confidentiality. Accused of sharing the content prior to the examination, the CBI considers them public servants due to their privileged access to confidential documents. The charges range from…

The Economic Times

Psychology says waiting without knowing how long feels harder than waiting longer with certainty

Psychology reminds us that waiting is not simply about counting minutes, it's about how our minds interpret uncertainty. The brain is remarkably good at adapting to known challenges, but it struggles when the finish line is invisible. Understanding this can help us respond more compassionately to ourselves and others during…

The Economic Times

Shikhar Dhawan praises Vaibhav Sooryavanshi's fearless batting backs him for bright future

Shikhar Dhawan lauded Vaibhav Sooryavanshi's exceptional batting skills at a young age. Sooryavanshi achieved significant success in recent T20I and IPL matches. Dhawan also inaugurated a new STEM lab at Sarvodaya Vidyalaya, Pitampura. This initiative aims to enhance technology-enabled education for over 2,500 students. The Shikhar Dhawan Foundation supports digital…

The Economic Times

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Quote of the Day by James Stewart: 'Never forget as preachers that all around you today are men baffled...'- Inspiring life lessons on compassion, emotional struggles, and understanding the unseen battles people face every day by the legendary Golden Age Hollywood actor

Quote of the Day by James Stewart: James Stewart's powerful message urges us to recognize the invisible struggles that everyone faces. In a world quick to judge, we often miss the deeper stories behind each person. By opting for understanding and compassion, we can forge stronger bonds and help alleviate…

The Economic Times

US preschool fees touch Rs 9 lakh, equal to a compact SUV price in India. Here's what kids get

An Indian woman shared a video of US private preschool fees reaching nearly nine lakh rupees annually. This cost covers personalized learning with a low teacher-to-child ratio for young students. She noted that public schooling in the United States is free from kindergarten through twelfth grade. The video sparked online…

The Economic Times

Trump says Congress wants to regulate AI industry "out of business"

President Trump opposes stricter artificial intelligence industry regulations proposed by Congress. Lawmakers are considering federal guardrails for advanced AI technologies and security audits. Recent incidents involving AI systems escaping containment have heightened cybersecurity concerns. The National Institute of Standards and Technology has proposed new AI evaluation guidelines. Public comments are…

The Economic Times

Quote of the day by Forest Whitaker: 'The true wealth of a community is measured by how carefully it listens to...' Life lessons from inspiring quote on gender equality, deep listening, wisdom, respect, value, woman empowerment, true wealth and community strength

Quote of the day by Forest Whitaker focuses on gender equality, listening, wisdom, respect, women empowerment and community strength. The quote says a community gains strength when it listens to women and values their knowledge. Its message connects personal respect with shared growth and explains why including women in decisions…

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The Economic Times

New chapter in Bastar: Tricolour to fly in 92 former Maoist-hit villages for 1st time on I-Day

Ninety-two remote villages in Chhattisgarh's Bastar region will hoist the tricolour for the first time. These villages were once Maoist strongholds and are now free of extremism. This marks a significant shift after the elimination of armed Maoist cadres in the state. National festivals will foster deep patriotism and national…

The Economic Times

Airbnb shares surge 15% to four-year high on raised forecast, AI gains

Airbnb shares surged nearly 15% after the company raised its annual revenue growth forecast, citing resilient global travel demand and AI-driven efficiency. Better-than-expected quarterly revenue and lower customer-support costs reinforced investor confidence despite ongoing Middle East tensions.

The Economic Times

Inside Doug Burgum's Interior Department: Staff exodus and secrecy claims surface

Former officials criticize Interior Secretary Doug Burgum's leadership, citing increased secrecy and staff departures. The department has experienced significant workforce reduction initiatives and high-profile exits since Burgum's appointment. Allegations of secrecy include claims of destroyed documents and encrypted communication use. The Interior Department has strongly denied these accusations and defended…

The Economic Times

Nitrate contamination in groundwater across 502 districts in 26 states, UTs : Govt tells Lok Sabha

Groundwater in 502 districts across India exceeds safe nitrate levels. The Central Ground Water Board detected these high concentrations in many areas. Karnataka's Davanagere district also shows elevated fluoride levels in its water. The government acknowledges no specific studies on pesticide residue impacts. Efforts are underway to promote balanced fertilizer…

The Economic Times

Govt-Meta meeting enters technical round on day 3; company lists ways to curb deepfakes, CSAM

After two days of meetings that saw IT Minister Ashwini Vaishnaw questioning Meta's team - led by global affairs head Joel Kaplan - on the content recommendation algorithms and the social media giant's compliance with local laws, day three of discussions was technical.

The Economic Times

Volkswagen plans US reboot with pickup, new leadership: Report

Volkswagen is planning a significant overhaul of its United States strategy. New management will lead the company's revised product offering and operations. A new pickup truck is planned for market before the end of the decade. The German automaker seeks growth in high-margin vehicles like trucks and SUVs. Volkswagen is…

The Economic Times

Govt earmarks Rs 790 crore for cybersecurity in FY27

The government has allocated Rs 790 crore for cybersecurity projects in the current financial year. CERT-In conducts cybersecurity training programs in collaboration with industry partners. The Indian Computer Emergency Response Team is the national agency for cybersecurity incidents. CERT-In operationalizes a responsible vulnerability disclosure and coordination program. The agency issues…

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