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The Latest Breaking News from The Economic Times

Timberwolves trading Julius Randle to Nets as part of 3-team deal, AP source says

In a significant NBA shake-up, the Minnesota Timberwolves are reportedly trading Julius Randle and a first-round pick to the Brooklyn Nets. This multi-team deal, also involving the Chicago Bulls, sees Nic Claxton heading to Chicago. For Minnesota, the move unlocks substantial financial flexibility, creating a large trade exception and enabling…

The Economic Times

Forty drown in France as people seek relief from Europe's heatwave

Europe is grappling with a severe heatwave, claiming 40 lives in France alone as people sought relief in water bodies. Record temperatures are scorching Britain, Italy, Switzerland, and Spain, disrupting daily life, transport, and even schools. This extreme weather, amplified by climate change, is causing widespread concern and prompting measures…

The Economic Times

Ketan Agarwal Lohagad Fort Pune death: Family refused to believe it was an accident, probe uncovers how his fiancée Siya Goyal and her lover planned his murder

Ketan Agarwal Pune death: A shocking turn of events has transformed a supposed trekking accident into a murder investigation. Ketan Agarwal, a 26-year-old real estate director, died after allegedly being pushed into a gorge by his fiancée, Siya Goyal, and her lover, Chetan Chaudhary. The family's suspicions about the accident's…

The Economic Times

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Paige Bueckers scores 27, Fudd adds career-high 26 as the Wings beat the Storm 112-110 in overtime

Paige Bueckers' 27 points, including her 1,000th career milestone, and Azzi Fudd's career-high 26, with the game-winning layup, propelled the Dallas Wings to a thrilling 112-110 overtime victory against the Seattle Storm. Bueckers' late surge in regulation forced overtime, where Fudd's decisive basket secured the win. Dallas set a WNBA…

The Economic Times

From birth to adulthood, T. rex took 40 years growing into an eight-ton giant, and scientists think that long childhood helped it dominate the dinosaur world

New research reveals Tyrannosaurus rex took longer to reach its massive size than previously thought, growing for about 40 years instead of 20. This extended development, uncovered through advanced bone analysis, suggests a slower, more gradual maturation process. The study also hints that famous fossils like 'Jane' might represent a…

The Economic Times

Europe must be ready to replace key US weaponry 'soon': EU defence chief

Europe faces an urgent need to bolster its defence capabilities as the US considers reducing its military presence on the continent. EU defence commissioner Andrius Kubilius warned that a potential US troop withdrawal could leave the continent vulnerable, especially to Russian aggression. He stressed the necessity of filling strategic gaps,…

The Economic Times

A 2026 psychology study found that unfair or pointless job tasks increase quiet quitting by draining workers’ psychological resources, but AI assistance may reduce the risk

New research reveals that pointless or unfair work depletes employees' mental energy, directly leading to quiet quitting. A study in Frontiers in Psychology found this "ego depletion" is the key mechanism. While AI tools can slightly lessen this effect by handling tedious tasks, they don't eliminate the core problem. Managers…

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Cleaner city design can cool Barcelona by up to 1.75°C, but new white roofs and parks still cannot offset the more than 6°C warming scientists project by 2100, leaving heat risk high in the neighborhoods that need help most

American cities are facing a deadly surge in heat-related deaths, with fatalities more than doubling since 1999. A new study reveals that while white roofs offer daytime cooling, pairing them with urban parks is the most effective strategy for vulnerable neighborhoods. However, even these measures may be outpaced by rising…

The Economic Times

Scientists just made an all-silk cooling textile that reflects 94.8% of sunlight and lowers skin temperature by 4.3 °C

Scientists have engineered a revolutionary silk fabric, dubbed SilkNT, that cools the skin by an impressive 4.3°C without any batteries or chemicals. This breakthrough fabric, detailed in Nature Sustainability, utilizes a unique nanoscale structure to reflect nearly all sunlight and efficiently radiate body heat. Unlike current cooling textiles that rely…

The Economic Times

CAG, Israel's apex audit body ink info exchange pact

India's CAG and Israel's State Comptroller have inked a pact to boost public sector auditing through knowledge sharing and best practices. This Memorandum of Understanding aims to enhance collaboration, capacity building, and expertise exchange between the two nations' audit institutions.

The Economic Times

Iran makes 'major concessions', agrees to long-term nuclear inspections, claims Trump

US President Donald Trump announced that Iran has agreed to the highest level of nuclear inspections indefinitely, ensuring "nuclear honesty." He stated this concession was crucial for future negotiations, implying a different path would have been taken otherwise. Trump also claimed credit for keeping the vital Hormuz Strait open due…

The Economic Times

Giannis Antetokounmpo getting traded to Heat in blockbuster deal, AP source says

Miami Heat has secured NBA superstar Giannis Antetokounmpo from the Milwaukee Bucks in a blockbuster trade. The two-time MVP, a 10-time All-Star, joins the Heat in exchange for a significant package of players and draft picks. This move signals Miami's continued pursuit of championship contention, mirroring past successful acquisitions like…

The Economic Times

Amnesty calls EU complicit in new Libyan crackdown on migrants

Amnesty International has accused the EU of complicity in migrant abuse in Libya, citing intensified crackdowns by rival factions. Mass arrests, detentions, and expulsions of refugees, including those from Sudan, are occurring without due process. The EU's continued support for Libyan authorities, even those with a history of abuses, is…

The Economic Times

Elon Musk's fortune takes a $300 billion hit as SpaceX sees $1 trillion rout in market value

Elon Musk's net worth has dropped by an estimated $350 billion after SpaceX shares tumbled more than 30% from their post-IPO peak, wiping out nearly $1 trillion in market value. Concerns over valuation, debt-funded expansion, AI spending and broader tech weakness have fuelled the sharp correction.

The Economic Times

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Raymond Lifestyle looking to capture UK fashion market via FTA: Chairman Gautam Hari Singhania

Raymond is gearing up for a significant global expansion, with Executive Chairman Gautam Hari Singhania highlighting the UK-India Free Trade Agreement as a key enabler. This pact is expected to merge British tailoring expertise with India's manufacturing prowess, targeting a discerning international fashion market.

The Economic Times

What are the Fed's bank 'stress tests' and what's new this year?

The US Federal Reserve is releasing its annual bank stress test results today, assessing how major lenders would fare in a severe economic downturn. While this year's tests won't alter capital requirements due to ongoing rule overhauls, they offer crucial insights into the banking system's resilience. These checks, initiated after…

The Economic Times

Psychology says people who love to listen their praise aren't seeking attention: What their behavior really means?

Psychology says people who love to listen their praise aren't always driven by pride or self-importance. In many cases, they seek appreciation, emotional support, or reassurance from others. Psychology explains that praise can satisfy emotional needs and improve confidence. This article explains the meaning of this behavior, the psychology behind…

The Economic Times

Mamata seeks Madan Mitra as chief whip after showcausing Firhad; Speaker says matter sub-judice

A significant rift within the TMC has deepened as Mamata Banerjee's faction seeks to replace Firhad Hakim as Chief Whip with Madan Mitra. This follows Hakim's alignment with the dissident group led by Ritabrata Banerjee. The move escalates the internal power struggle, with both organizational and legislative wings now contested…

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The Economic Times

US stocks: Vedanta's CopperTech Metals targets $3.6 billion valuation in US IPO

CopperTech Metals is targeting a valuation of $3.57 billion in its forthcoming U.S. IPO, aspiring to generate up to $423.5 million. This prominent copper and cobalt producer, which oversees Zambia's Konkola Copper Mines, intends to sell 23.5 million shares priced between $16 and $18. The company, originally founded by Vedanta…

The Economic Times

Jake McCarthy's 3-run triple gives Rockies walk-off win over Red Sox

Jake McCarthy's dramatic ninth-inning triple secured a thrilling 3-2 victory for the Colorado Rockies against the Boston Red Sox. Trailing by two runs, the Rockies loaded the bases before McCarthy's clutch hit sealed the win. Victor Vodnik earned the victory in relief, while Tyler Freeman contributed three hits. Boston's strong…

The Economic Times

iPhone 18 Pro and 18 Pro Max update: Check likely launch price in India

iPhone 18 pro max price and launch date in India: Prepare for a potential price hike on Apple's upcoming iPhone 18 Pro and Pro Max models, slated for a September 2026 launch. Analysts predict a $100-$150 increase due to soaring memory chip costs and other component expenses. While the base…

The Economic Times

Germany spouse visa: Who can apply, requirements, and application process explained

Spouses of German citizens and legal residents can now reunite in Germany through a streamlined spouse visa process. This long-stay visa, requiring basic German language skills, allows entry and subsequent application for a residence permit. Successful applicants gain unrestricted work rights, access to education, and a pathway to permanent residency…

The Economic Times

Parliamentary panel to examine cases of domestic violence and remedies

A parliamentary committee will delve into critical issues affecting women, including domestic violence, trafficking, and the welfare of female inmates and health workers. Discussions will also cover gender budgeting and the implementation of the workplace harassment act. Established in 1997, this 30-member panel aims to uplift women's status, working collaboratively…

The Economic Times

Nationals pitchers shut down high-powered Phillies in win

Foster Griffin delivered a stellar performance, pitching 7 1/3 innings as the Nationals defeated the Philadelphia Phillies 4-1. Luis Garcia Jr. and Curtis Mead's homers powered Washington's offense, while Griffin's strong outing secured his eighth win. The Phillies' Brandon Marsh managed a solo home run, but couldn't spark a comeback.…

The Economic Times

Eleven India-bound vessels have crossed Strait of Hormuz since signing of Iran-US MoU: MEA

Eleven India-bound vessels have successfully navigated the Strait of Hormuz since the US-Iran agreement on June 17, according to MEA spokesperson Randhir Jaiswal. Ten Indian-flagged ships remain in the Persian Gulf, with two more entering the region. This crucial waterway, vital for global oil transit, has recently faced disruptions, raising…

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