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The Latest Breaking News from The Economic Times

Saudi Arabia, Turkey and Pakistan sign joint defence deal amid regional turmoil

Saudi Arabia, Pakistan, and Turkey signed a joint defense pact in Mecca. This agreement aims to strengthen collective deterrence against aggression. The pact follows years of regional conflict and instability. It builds on existing military ties and promotes regional security. The three nations seek to enhance their collective security and…

The Economic Times

Reliance Industries books supertanker at record $23-25 million freight to lift Iraqi crude

Reliance Industries paid a record sum to charter a supertanker for Iraqi crude oil. This reflects a limited vessel pool and soaring voyage costs in the Gulf. Shipping traffic through the Strait of Hormuz remains below average levels. Iraq offers steep discounts on its crude to attract buyers. Several refiners…

The Economic Times

Unclaimed mutual fund money rises 10% in FY26; AMCs hold over Rs 3,811 crore in unpaid dividends, redemptions: Sebi

Unclaimed mutual fund assets rose nearly 10% to Rs 3,811 crore in FY26, led by higher unclaimed dividends, Sebi said. Despite this, mutual fund assets, SIP contributions and investor participation expanded strongly, reflecting sustained retail interest and industry growth.

The Economic Times

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India has 86,360 PG medical seats; no proposal to convert all diploma seats to DNB: Govt

India now has over 86,000 postgraduate medical seats available nationwide. Karnataka leads the country with the highest number of these medical seats. The government has no current proposal to convert all diploma seats into full DNB degree seats. New regulations are in place for starting new postgraduate medical courses and…

The Economic Times

Lupin Q1 PAT rises 16 pc at Rs 1,417 cr

Lupin Ltd has reported a remarkable sixteen percent surge in profit after tax for the first quarter, showcasing their continued success. The firm experienced considerable growth in consolidated total revenue from operations, largely driven by a staggering forty-two percent increase in sales in the US market. Moreover, sales in India…

The Economic Times

The anatomy of corporate control

In a major change to India’s corporate governance, the regulatory framework is set to redefine "control" with reference to the business and investment regime. The previous construct of foreign owned and controlled companies is being phased out in favour of defining foreign controlled entities. The approach is set to shift…

The Economic Times

Premier Energies Q1 Result: Profit jumps 53% to Rs 472 crore

Premier Energies reported remarkable growth, with profits soaring more than 53% in the latest quarter. The uptick in revenue can be attributed to robust demand across vital business sectors. The company has made significant strides in enhancing manufacturing, particularly in solar cells and modules. Moreover, plans are underway for new…

The Economic Times

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JK Tyre & Industries Q1 Results: Net profit tumbles 73% at Rs 44.09 crore

In the first quarter of FY27, JK Tyre & Industries reported a staggering 73 percent decline in profits, primarily due to soaring raw material prices linked to the West Asia crisis. Their consolidated net profit plummeted to Rs 44.09 crore from Rs 163.35 crore year-on-year, even as revenue rose to…

The Economic Times

Meet Katie Stagliano: This 9-year-old South Carolina girl grew a 40-pound cabbage for a school project and inspired 100-plus youth-run gardens

Katie Stagliano was nine years old when she grew a 40-pound cabbage for a school project in Summerville, South Carolina. Instead of discarding it, she donated it to a local soup kitchen where it fed 275 people in a single meal. That moment led her to found Katie's Krops, a…

The Economic Times

Aam Aadmi Party to hold nationwide town halls against E20 fuel from August 8

The Aam Aadmi Party will organize nationwide town halls starting August 8. These events aim to gather feedback from vehicle owners regarding E20 fuel. The campaign will visit several states, including West Bengal and Gujarat. Party leaders will raise awareness and discuss concerns about the blended fuel. Industry executives have…

The Economic Times

Bectors Food Q1 Results: Profit rises 25.5% to Rs 38.76 crore

In the June quarter, Mrs Bectors Food Specialities reported a notable 25.53 percent increase in net profit. Their operating revenue surged by sixteen percent to reach Rs 548.75 crore, bolstered by a 19 percent growth in the biscuit sector and a remarkable 40 percent rise in the bakery segment. Additionally,…

The Economic Times

RBI's Rate Pause Sustains Steady Momentum in Residential Real Estate

India's residential property sector remains robust, driven by consistent demand and advancements in infrastructure. The Reserve Bank of India's choice to hold the repo rate steady bolsters this positive trend, allowing homebuyers and property developers to make informed, future-focused decisions. With favorable financing conditions, developers can efficiently organize their project…

The Economic Times

PM Modi hosts MPs of NDA allies over breakfast, expresses concern over Parliament disruptions

Prime Minister Narendra Modi hosted over forty NDA constituent MPs for a breakfast meeting. He emphasised the need for smooth parliamentary functioning and discussed development for West Bengal and Northeast states.

The Economic Times

Mumbai luxury home sales hit record Rs 18,512 crore in H1, growth likely to moderate: Report

Mumbai's luxury housing market recorded its highest-ever half-yearly sales of Rs 18,512 crore during the first half of 2026, but the pace of growth is likely to moderate in the coming quarters due to the exceptionally high base and a more cautious economic and equity market outlook, according to a…

The Economic Times

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Psychology says your brain likes people whose names are easier to pronounce

In multicultural societies, taking the time to pronounce someone's name correctly is a simple but meaningful way to show respect and foster inclusion. Research in organizational psychology suggests that this small effort can strengthen a person's sense of belonging, build trust, and encourage more positive social and professional relationships.

The Economic Times

ICICI Bank, Axis Bank tap dollar debt again in less than two months: Report

ICICI Bank and Axis Bank have returned to the U.S. dollar debt market, each looking to raise $300 million through upcoming bond issues, set to close for subscription next week. Notably, last month saw ICICI Bank raise a substantial $1 billion while Axis Bank secured $800 million. This bond issuance…

The Economic Times

3 inmates killed, over 20 injured in fresh prison clashes in Sri Lanka

Separate prison clashes in Sri Lanka killed three inmates and injured twenty-three others. Unrest at Kuruwita prison resulted in two deaths and thirteen injuries after a drug bust. Magazine Prison saw one inmate killed and ten injured during a Thursday night riot. Authorities have brought both violent incidents under control…

The Economic Times

Can NRIs invest in RBI Floating Rate Savings Bonds offering 8.05% interest rate?

Non-Resident Indians (NRIs) are prohibited from making new investments in RBI floating rate savings bonds; however, those who are existing holders may maintain their investments. The bonds offer an attractive interest rate of 8.05%, bolstered by government guarantees.

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The Economic Times

Fans deployed to dry damaged Lucknow-Kanpur expressway

A newly inaugurated expressway in India experienced damage shortly after its opening. Contractors deployed pedestal fans to accelerate drying of the damaged road section. This unusual repair method drew criticism and public commentary on social media platforms. The damage has caused significant traffic disruptions and congestion on the high-speed corridor.

The Economic Times

SBI Clerk Notification 2026: 1538 vacancies announced; Check last date, eligibility, fees, dates and how to apply

The State Bank of India has launched a dedicated recruitment initiative for Junior Associates, targeting 1538 backlog vacancies in specialized categories. Online applications are open from August 7 to August 27, 2026. Candidates who are graduates aged between twenty and twenty-eight years are invited to apply. The selection process includes…

The Economic Times

Titan Q1 Results: Profit soars 63% YoY to Rs 1,777 crore, total income surges 40%

Titan Q1 Results: Consumer discretionary major Titan Ltd on Friday reported 63% year-on-year (YoY) growth in its consolidated net profit at Rs 1,777 crore in the first quarter, compared with Rs 1,091 crore in the last year quarter. Total income in the reporting period rose 40% YoY to Rs 20,753…

The Economic Times

Psychology says people who immediately Google symptoms aren't always hypochondriacs

Psychology suggests that immediately searching online for symptoms isn't automatically a sign of hypochondria. More often, it reflects a natural desire to reduce uncertainty, make sense of unfamiliar experiences, and protect one's health. While online information should never replace advice from a qualified healthcare professional, seeking answers is a common…

The Economic Times

Gen Z strength and pride of our country, says Kangana Ranaut

Kangana Ranaut has shifted her perspective, now commending Gen Z protesters as key cultural figures and embodiments of India's strength. This comment follows her previous criticism of the youth. She echoed RSS chief Mohan Bhagwat's sentiments about the younger generation while also calling out Rahul Gandhi for his lack of…

The Economic Times

Air India Phuket flight turbulence: Why Indian flyers may face more rough flights and the one habit that can prevent serious injuries

The Air India Phuket-Delhi flight that suddenly dropped nearly 300 feet over Odisha and injured passengers and crew has renewed concerns about turbulence. With climate change potentially increasing turbulence over India, experts stress one simple precaution: passengers should keep their seat belts fastened whenever they are seated.

The Economic Times

Retailers tap AI shopping traffic but fight to keep customer data

Retailers are adapting websites for AI product discovery and recommendations. They aim to keep customer transactions on their own platforms. This strategy helps them collect valuable data for future sales. AI platforms are driving significant revenue per visit for retailers. Consumers still prefer completing purchases on retailer websites for now.

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