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The Latest Breaking News from The Economic Times

Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix this

The Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax liability. This involves manipulating claims like House Rent Allowance (HRA) for undue benefits. Taxpayers who engaged in this practice are advised to voluntarily pay the correct tax and interest, or…

The Economic Times

RBI expands digital fraud protection, introduces compensation for small-value scam victims

The RBI has expanded customer protection rules for digital payment frauds to cover cases where people are tricked into sending money to scammers and introduced a compensation mechanism for small-value frauds. Eligible victims can receive up to 85% of their losses, subject to a cap of ₹25,000. The rules take…

The Economic Times

Zendaya quote of the day: 'The most valuable lesson learned is to prioritize happiness... It is important to concentrate on what brings joy and to make choices in both career and life that foster happiness' offers life lesson on true purpose of success, fulfillment

Quote of the Day by Zendaya emphasizes on happiness and making choices that align with our passions and values, we create lives that are both meaningful and rewarding. Happiness should not be postponed until certain goals are achieved; it should be woven into everyday decisions and experiences. In a world…

The Economic Times

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India bonds gain, swap rates fall on dovish RBI comments, oil slide

Indian government bonds enjoyed a remarkable climb on Wednesday, highlighted by the 10-year yield experiencing its most significant drop in a month. Fueling this surge was a recent comment from Reserve Bank of India Governor Sanjay Malhotra, who mentioned that contemplating interest rate hikes is premature. Additionally, decreasing oil prices…

The Economic Times

FIFA World Cup 2026: Record-breaking match for Ronaldo; Modric joins 200 club; England's unwanted record

Cristiano Ronaldo etched his name in history with a brace, leading Portugal to a dominant 5-0 win and becoming the first to score in six World Cups. England endured a frustrating goalless draw against Ghana, while Croatia and Colombia secured crucial 1-0 victories. Modric also reached a remarkable 200 international…

The Economic Times

Soccer: World Cup turnout defies concerns, as Americans flock for the spectacle

Despite high ticket prices and travel restrictions, the World Cup is witnessing record attendance in the US, driven by a love for grand spectacles rather than soccer's popularity. Experts highlight the appeal of major global events and the allure of top-tier sporting experiences, suggesting Americans are willing to splurge on…

The Economic Times

JP Morgan lowers Brent crude price forecast for second-half 2026

J.P. Morgan has updated its Brent crude oil price forecast for 2026, lowering expectations due to unexpectedly weaker inventory draws and a decline in oil demand. The bank now estimates Brent prices will average $86 in Q3 and $80 in Q4, finishing the year at $78. This downward revision arises…

The Economic Times

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Best quote of the day by Russian psychologist Lev Vygotsky: 'What a child can do in cooperation today, he can do...' - the Sociocultural Theory of Cognitive Development pioneer's insight on learning could change how you raise and teach children

Best quote of the day by Lev Vygotsky: Psychologist Lev Vygotsky emphasized that learning is a social endeavor, not a solitary one. He posited that children master skills through collaboration and guidance from others, a process that ultimately fosters independence.

The Economic Times

Marketing platform JustAI raises $17 million led by Base10

AI marketing platform JustAI has secured over $17 million in Series A funding, led by Base10, with participation from Y Combinator and Peak XV Partners. This investment will fuel expansion of their engineering and go-to-market teams, enhance AI capabilities, and explore opportunities in India.

The Economic Times

Rockstar Games announces GTA VI price, GTA 6 pre-order date: All about Grand Theft Auto VI - Take-Two Interactive Software's most expensive video game in history

GTA 6 or Grand Theft Auto VI could start breaking records months ahead of the game's November 19 release, as preorders open at midnight on Thursday this week.

The Economic Times

"Purely a sporting matter": FIFA President Infantino defends WC2026 hydration breaks

FIFA President Gianni Infantino has defended the new three-minute hydration breaks at the World Cup 2026, emphasizing their purely sporting purpose to combat extreme heat and ensure fair play. Despite criticism from some coaches about tactical disruptions, Infantino insists the breaks offer a crucial rest period for players over the…

The Economic Times

Russia and India working on increasing bilateral trade volumes: Kremlin spokesman

Russia and India are actively boosting bilateral trade, aiming for a $100 billion target by 2030, up from the current $60 billion. Kremlin spokesman Dmitry Peskov highlighted the "notably privileged partnership" and steady uptrend in economic relations. He praised India as a populous, fast-growing economy with immense potential, underscoring the…

The Economic Times

Smoke inhalation, not flames, killed all 15 in Lucknow fire: Post-mortem reveals

Suffocation from toxic smoke, not flames, caused the deaths of 15 individuals in Lucknow's Aliganj fire. Post-mortem examinations revealed no significant burn injuries, but evidence of smoke inhalation, including soot in nasal passages and facial swelling. Doctors emphasized that fires in enclosed spaces rapidly deplete oxygen and release deadly gases,…

The Economic Times

No off days: Messi posts video of high intensity workout on 39th birthday ahead of Jordan FIFA WC clash

Lionel Messi, celebrating his 39th birthday, showed no signs of slowing down, hitting the gym for an intense workout. The FIFA World Cup's all-time top scorer continues to break records, recently surpassing Miroslav Klose for most World Cup goals and wins. Argentina's star player is set to lead his team…

The Economic Times

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The Economic Times

Man killed on Mumbai local train during fight over keeping doors open amid rains

In a horrific case, a man aged 22 was fatally stabbed on a Mumbai local train during a heated debate about the train doors being left open in the rains.

The Economic Times

Psychology says people who create a group on WhatsApp for just themselves to save various kinds of information, videos, pictures for future use aren't forgetful: What this digital habit reveals?

Psychology says people who create a group on WhatsApp for just themselves to save various kinds of information, videos, pictures for future use aren't simply storing random content. Many people use this method to collect notes, reminders, links, images, videos, documents, and ideas in one place. Psychology suggests this behavior…

The Economic Times

Shaan Patel Asset Management launches Rs 250 crore Quant IPO Opportunity Fund under Category III AIF

Shaan Patel Asset Management has launched a Rs 250 crore Quant IPO Opportunity Fund under the Category III AIF route to tap opportunities in India’s expanding primary market. The fund will invest in mainboard and SME IPOs through anchor and QIB allocations using a quantitative strategy backed by AI, data…

The Economic Times

‘It's a big price tag’: Bryan Johnson explains why international travel affects sleep, cortisol and overall health, tech millionaire says it takes "two weeks to recover"

Tech millionaire Bryan Johnson advocates for limiting international travel to once every three months, citing a significant biological cost. Following a recent India visit, he revealed that long-haul flights can disrupt sleep quality, mood, and stress hormones for up to two weeks. Johnson, who meticulously tracks his health metrics, believes…

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The Economic Times

Lionel Messi turns 39: A look at age-wise distribution of goals scored by Argentina icon

Lionel Messi, celebrating his 39th birthday, continues to shine in FIFA World Cup 2026 and for Inter Miami. He's now the FIFA World Cup's all-time leading scorer with 18 goals and has amassed over 900 career goals. Messi's career, marked by numerous accolades including eight Ballon d'Or awards and a…

The Economic Times

Scientists explain how crocodiles survived the asteroid that wiped out dinosaurs — the curious case of ‘living fossils’

Crocodiles remarkably survived the dinosaur-ending asteroid impact due to their ability to endure long periods without food and their presence in less-affected habitats. These ancient reptiles possess slow metabolisms and survive for extended durations without sustenance. Their evolutionary adaptability also enabled them to thrive in diverse environments.

The Economic Times

Psychology says people who always take a shower before bed may not just be cleaning up, they could be washing away the mental weight of the day

Why do some people refuse to sleep without taking a shower first? Psychology suggests the habit may be linked to emotional regulation, stress reduction, sleep preparation and feelings of control.

The Economic Times

Largecaps over midcaps, banks over PSUs: V Srivatsa reveals where smart money is heading

India's market outlook is positive, driven by cooling geopolitical tensions and falling crude oil prices, according to UTI AMC's V Srivatsa. He highlights largecaps, particularly private sector banks, as offering better value than expensive midcaps. While foreign investors are focused on AI plays, Srivatsa anticipates a gradual return to India.…

The Economic Times

UN watchdog says Iran nuclear inspections 'going to happen'

UN nuclear watchdog chief Rafael Grossi confirmed inspections at Iranian atomic sites are imminent, following a preliminary deal between Tehran and Washington. While the agreement explicitly mandates IAEA supervision of nuclear activities, Iran has stated it will not permit inspections at sites bombed by the US and Israel last year.

The Economic Times

Finance ministry, NFRA officials brief Par panel on corporate laws amendment bill

Parliament's joint committee received briefings on the Corporate Laws (Amendment) Bill, 2026, from Finance Ministry officials and the National Financial Reporting Authority. This proposed legislation aims to simplify business operations by decriminalizing minor procedural errors and modernising corporate governance.

The Economic Times

Chef Kunal Kapur shares protein-rich palak tofu curry: A healthy spin on classic palak paneer, here’s how to make it at home

Chef Kunal Kapoor has unveiled a protein-packed palak paneer, ingeniously replacing traditional paneer with tofu. This vibrant curry features a blend of spinach and nutrient-rich moringa leaves, creating a smooth puree. Garlic, onions, and tomatoes form a flavorful base, with tofu cubes soaking up the delicious spices.

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