The Economic Times

An Indian court will re-hear Volkswagen's challenge to a significant tax demand. This decision comes more than a year after arguments in the case were concluded. Indian tax authorities allege the automaker mis-declared auto component imports over a period. The German automaker has defended its import valuation practices for many years. No verdict has been announced in this ongoing tax dispute.

In a recent blog post, digital creator Reema Mahajan shared her enlightening experience at a 7-day sattvic detox retreat in Bengaluru. She elaborated on the retreat's rigorous rules and specially curated menus, emphasizing the consumption of four wholesome juices each day to enhance gut health. The program's core principles revolved around oil-free, sugar-free, and caffeine-free meals aimed at holistic healing.

FSSAI said several food companies, including Mondelez India and Amway India, have withdrawn or revised misleading claims on product labels and advertisements after receiving notices from the regulator. Mondelez withdrew health and nutrient comparison claims from its products and removed related advertisements from e-commerce platforms. Sapiens Labs and Kerala-based Juza Foods also removed misleading claims.

India sugar price hike explained: Why prices rose and why India is importing sugar

Vehicle owners in India cannot alter a car's appearance or specifications without prior permission, according to Delhi Traffic Police, which flagged common violations including tinted glass, loud aftermarket exhausts, pressure horns, unauthorised lights and fake Press stickers as offences under the Motor Vehicles Act. The rules came into focus after a Gwalior man was fined Rs 5,500 when his girlfriend covered his car in roughly 3,400 lipstick kiss marks, sparking viral attention and a police cra

Indian authorities are investigating global fragrance companies for alleged price collusion. This new case follows an ongoing probe into labor anti-poaching deals. The Competition Commission of India is examining cartelization in the fragrance sector. A previously drafted report was recalled due to commercial secret redaction issues. The market for flavors and fragrances in India is projected to grow significantly.

Air India is seeking around $1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines to fund its turnaround, according to two people familiar with the matter. The funding could be provided in tranches, with Singapore Airlines expected to contribute according to its roughly 25% stake. Discussions are ongoing and no final decision has been taken.

On Tuesday, Indian government bonds experienced a positive turn as oil prices fell sharply, reducing inflation worries among investors. The successful state debt auction further bolstered market confidence. Despite new U.S. sanctions on Iran, traders stayed vigilant regarding potential supply issues in the oil sector. Throughout the day, strong liquidity levels contributed to resilience in the debt market.

Enterprise Voice AI is moving from pilots to production, helping businesses deliver faster, multilingual customer interactions at scale. The Economic Times AI Business Transformation Masterclass & Awards 2026 will explore how enterprises are deploying Voice AI across industries, with a live demonstration showcasing what production-ready technology looks like in practice.

Indian sugar mills may import only half the allowed raw sugar quota. Falling domestic prices have reduced the profitability of these planned imports. Refineries are expected to take most of the available import volume. Domestic supplies are anticipated to rise from mid-October with the new season.

India is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG accounted for over 73% of Indias LPG imports in August, while US LNG volumes also rose. Russia remains Indias largest crude supplier, while Venezuela and the UAE gain importance as India diversifies energy supplies amid geopolitical risks.

A contingent of nine players from the Kabaddi Champions League is set to don the Indian colors at the upcoming Asian Games. Under the guidance of Dronacharya Awardee Balwan Singh, the team looks to make a mark on the international stage. KCL players expressed immense pride and a sense of obligation to deliver their best, underscoring the league's impact on nurturing kabaddi talent in India.

Instamart reports a twenty-fold increase in premium rakhi demand this year. Searches for jewelry brands like Kalyan Jewellers and Palmonas have tripled. The platform offers a wider selection and additional incentives for customers. Lucknow and Ahmedabad are leading markets for these premium rakhi purchases. Customers are increasingly starting their Rakhi shopping several days ahead of the festival.

The Indian Navy is set to welcome its second Diving Support Vessel, Nipun, on August 31. This vessel, developed domestically, significantly boosts India's capacity for deep-sea diving and submarine rescue operations. With advanced diving systems and reliable station-keeping features, Nipun will facilitate intricate underwater missions that align with India's maritime objectives, underscoring the robust growth of the nation's shipbuilding capabilities.

Chandra Grahan 2026 Date: The last lunar eclipse of 2026 will occur on August 28 as a deep partial Chandra Grahan. The eclipse will not be visible from India because it will take place during daytime, and the traditional Sutak period is therefore not applicable in India. The eclipse will be visible from parts of North, Central and South America, as well as some regions of Europe and Africa.

Kalpana Sarojs story of surviving domestic abuse and a failed suicide attempt to taking charge of her life and turning an almost bankrupt business into an empire worth $100 million is nothing short of awe-inspiring. Born to a humble Dalit family, she became a child bride at the age of 12.

Yash has come a long way from sleeping on Bengaluru streets with just Rs 300 to becoming a pan-India superstar. His father, who earned Rs 14 a day as a bus driver, continued working even after Yash became successful. The actor recalls why his father valued the respect he earned through his profession and refused to give it up for fame or money.

India aims for a $55 trillion economy by 2047. This ambitious goal relies on leveraging its young demographic in artificial intelligence. Strategic capital deployment and sustained growth will unlock value across core sectors. Attracting foreign investment and expanding manufacturing are vital for this economic expansion. Dominance in sunrise sectors like space and defense tech will drive this future growth.

National Security Advisor Ajit Doval met Chinese Foreign Minister Wang Yi for boundary talks. These discussions are significant before President Xi Jinping's upcoming visit to India. Both officials are designated Special Representatives for the boundary dispute mechanism. They discussed strengthening peace in border areas and improving bilateral ties. The talks aim to address recurring tensions and maintain peace in border regions.

India's steel industry is likely to see a volume-led recovery in the second half of FY27, supported by lower input costs, easing maintenance disruptions and strong domestic demand, according to Yes Securities Institutional Equities.

The 3-5 defeat to Argentina, which ended India's semifinal hopes, exposed weaknesses that have repeatedly surfaced since the Paris Olympics.

In a passionate plea, Indian women's hockey players are advocating for the continuation of the Women's Hockey India League, which has played a pivotal role in instilling confidence in the young World Cup squad. Unfortunately, the league faces significant financial obstacles that jeopardize its future and the nurturing of promising athletes.

India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near 95-96 per dollar. The inflows are primarily strengthening RBIs foreign-exchange buffers rather than being used to push the currency higher.

Defence Minister Rajnath Singh's recent approval to transfer missile technology from DRDO to Indian businesses marks a pivotal step towards enhancing local defence manufacturing. This initiative encourages Indian companies to produce advanced missile systems that comply with regulatory norms. By strengthening domestic capabilities, the government is not only fostering self-reliance but also enriching the country's defence sector and enhancing production efficiency.

Indias data centre footprint is projected to exceed 101 million sq ft and capacity 6.7 GW by 2030, driven by cloud adoption, AI, digital payments and enterprise digitisation. Anarock says $300 billion in investment commitments will support expansion, but land, reliable power, connectivity, cooling and renewable energy remain critical constraints.

Marriott sees India as a key growth market, planning significant expansion and new hotel openings. The company is adapting its brands and products to suit Indian consumer preferences. Innovation is a focus, with India serving as a testing ground for new initiatives. Artificial intelligence is being integrated into operations to enhance efficiency and guest experiences. Marriott remains committed to long-term growth and adapting to evolving travel trends globally.

At 11, Rukhmabai was married to a 19-year-old relative but refused to live with him, choosing education and independence instead. Her husband took her to court, where she chose imprisonment over returning to him. Her landmark case influenced Indias 1891 Age of Consent Act. She later studied medicine in England, returned to India in 1895 and became a pioneering practising female doctor and public health worker.

Indian government bonds experienced little movement early Tuesday, stabilizing after a recent decline. Oil prices reacted unfazed to new US sanctions, which alleviated some importer tensions. Market players are anticipating an upcoming state debt sale that could reveal investor appetite. Although bond yields are stable, lingering inflation and currency effects might weaken the market's mood. Nevertheless, abundant banking liquidity continues to bolster demand for bonds.

India's aviation regulator is considering mandatory annual random drug tests for all pilots. This proposal follows a recent Air India incident, prompting policy review. Currently, only ten percent of pilots undergo random drug testing each year. The Directorate General of Civil Aviation is consulting stakeholders on potential rule changes. Any new policy will balance aviation safety with airline operational impacts.

The Scandal, a new K-drama, will premiere globally on September 18. This period drama is set in Joseon-era Korea and features a dangerous wager. Son Ye-jin, Ji Chang-wook, and NANA star in this complex story. The series reimagines a classic literary tale with contemporary themes. Read on to know where to watch it online.

The current grid infrastructure is causing marked energy loss during high-demand summer periods. To combat this, developers are integrating batteries to maintain a stable power supply throughout the day.

Dhruv Jurel commemorated his remarkable century with a heartfelt tribute to his family heritage. His unbeaten innings of 115 propelled India to a commanding total of 503 for nine declared. Contributions from players like Devdutt Padikkal and Rishabh Pant further bolstered the scoreboard. Drawing on his India A experience, Jurel adapted the challenging Sri Lankan conditions, earning enthusiastic praise from Mohammed Siraj as he celebrated this significant achievement.

India's 5% broken parboiled variety was quoted at $364-$369 per ton this week, up from last week's $362-$368. Indian 5% broken white rice was priced at $360 to $365 per ton.

Rooftop solar and KUSUM scheme are driving India's solar capacity growth. These initiatives accounted for forty percent of additions in the current fiscal year. Utility-scale projects face transmission challenges, impacting their expansion. India added significant renewable capacity in the previous fiscal year. Future additions may moderate as transmission infrastructure develops.

Yash's eagerly awaited movie Toxic is set to hit theaters worldwide on August 26. Fans can already book their tickets in advance, with some premium options priced quite high. The Kannada version is leading in advance sales, outperforming its dubbed versions. Designed for a wide-ranging audience, the film is available in several languages.

The United States has sanctioned four India-based companies over their alleged involvement in Iran-related petroleum and petrochemical trade and procurement networks, according to a release by the US State Department.

Milad Un Nabi 2026 Date in India Holiday: Milad un Nabi 2026 will be observed in India on Wednesday, August 26. While the festival is a holiday in several states and government institutions, school, college, bank and office closures may vary by state, city and organisation. Students, employees and customers should check their local holiday calendar before making plans.

Citizens can book parcels, check their savings and get insurance services under a single interface without visiting a post office. Communications minister Jyotiraditya Scindia said India Post is being modernised for the needs of the 21st century.

After losing to the Netherlands in their previous match, India were almost out of the race for the last four from Pool E. However, Argentina's victory over England had technically kept their qualification hopes alive. India needed to win by at least three goals to advance, but conceded twice in the opening six minutes and struggled to recover. Poor passing, frequent loss of possession and a leaky defence compounded their problems.

Pant's batting was best encapsulated by a falling pull off Lahiru Kumara in the 90th over. The contact with the ball was so clean that it disappeared in the gap between the Col. FC de Saram Pavilion and the Members' Enclosure and landed onto Gregory's Road. The shot was identical to the one he attempted on Sunday when he was hit on the wrist and forced to retire hurt.

Dubai seeks to become a hub for Indian AI talent to access wider markets. An AI corridor between Dubai and Bengaluru is being developed. This initiative aims to boost productivity and profitability across various industries. Dubai's regulatory approach supports new technology adoption and business growth. The number of Indian businesses operating in Dubai continues to increase significantly.

The India-UAE growth corridor presents substantial trade and investment opportunities for both nations. UAE executives highlighted India's need for improved dispute resolution and infrastructure. India received over $25 billion in UAE investments during the past decade. Experts noted talent and technology exchange is increasing between the two countries. Energy, urban growth, and AI make India an attractive investment destination.

External Affairs Minister S. Jaishankar met Russian President Vladimir Putin in Moscow. He conveyed a personal communication from Prime Minister Narendra Modi. Discussions focused on boosting economic and defense cooperation between the two nations. Both leaders anticipate upcoming meetings at SCO and BRICS summits. Further annual summits are planned later in the year.