| |
 |
|
Weekly News Platter |
|
25 Jul, 2026, 05:41PM IST, PTI |
|
|
|
| |
Hello Reader,
In case you had a busy week, these are the top stories you need to get caught up to speed...
|
|
Dharmendra Pradhan resigns amid NEET leak protests, sends letter to PM |
| Union Education Minister Dharmendra Pradhan has resigned from his post. This resignation comes after significant political and public pressure mounted. The controversy surrounding the alleged NEET paper leak fueled these demands. Protests led by the Cockroach Janta Party were central to this pressure. The Centre faced criticism for not addressing student concerns adequately. Read more |
|
|
45% of India’s exports to US out of 10% section 301 tariffs: Govt |
| The US has placed India in a lower tariff bracket of ten percent. Approximately forty-five percent of India's exports to the US remain outside this additional duty. The remaining fifty-five percent of exports will attract the ten percent additional duty. India continues to engage with the US on textile-specific measures. Both nations are negotiating a Bilateral Trade Agreement for early conclusion. Read more |
|
|
|
|
Adani seeks clearance to own airline |
| Adani Group seeks to dilute a clause preventing airport operators from holding airline stakes. This change would enable the conglomerate to launch its own airline operations. The government is consulting legal experts on amending the existing airport privatization agreements. Such a move could introduce competition into the domestic aviation market. However, rivals anticipate strong opposition and regulatory scrutiny over potential advantages. Read more |
|
|
Crude oil prices rise 10% this week but China enters fray to push for end to Iran war. What’s next? |
| Crude oil futures experienced a significant decline on Friday. This drop followed reports of China's initiative to restart stalled US-Iran peace negotiations. Despite the fall, both Brent and West Texas Intermediate crude are set for weekly gains. Geopolitical developments continue to heavily influence global oil prices and supply concerns. Experts warn of potential price surges if shipping disruptions persist in key waterways. Read more |
 |
|
|
Scotch at a discount post UK FTA is only half the story for India's whisky market |
| India's import duties on Scotch whisky and gin have been halved by a new trade agreement. This change is expected to gradually lower prices for imported premium spirits over time. Indian distillers anticipate improved access to bulk Scotch for blending purposes. Domestic single malt producers remain confident in their quality and market position. The agreement aims to foster greater consumer choice and elevate market quality standards. Read more |
|
|
Hyderabad emerges as India's next retail hotspot as developers, brands place big bets |
| Hyderabad is becoming a major retail investment destination with new malls planned. Developers are building over twenty destination and neighborhood malls across the city. International and Indian brands are seeking expansion opportunities in this growing market. The city's organized retail stock is projected to grow significantly by 2030. Rising incomes and housing sales are fueling this robust consumption growth. Read more |
|
|
|
| |
US imposes 10% tariff on India, Pak, Bangladesh, UK, others in forced labour probe |
| The United States has imposed 10% tariffs on goods from India and sixteen other nations. This action stems from their alleged failure to ban imports made with forced labor. India amended its foreign trade policy to prohibit such imports after the investigation began. Trading partners adopting and enforcing these prohibitions will face a 10% tariff rate. This move aims to address human rights abuses and distortive trade practices globally. Read more |
|
|
'Massive conflict of interest' if airport operators allowed to own airlines: IndiGo MD Rahul Bhatia |
| IndiGo's Rahul Bhatia stated airport operators owning airlines creates massive conflict of interest. He noted this situation lacks global precedent and raises significant concerns. The Adani Group, which operates eight airports, has proposed entering the airline business. This proposal seeks relaxation of current norms restricting airport operators' airline ownership. The government is reportedly considering these changes, with no official comments yet. Read more |
|
|
|
|
The second Chinese AI shock rattles US as China narrows the race |
| China's Kimi K3 AI model has emerged, significantly narrowing the technological gap with American frontier systems. This development has prompted intense debate across Silicon Valley and Washington regarding China's AI capabilities. The model's performance, affordability, and open-weight release strategy are unsettling for American observers. Concerns are rising about cybersecurity and national security implications of these advanced Chinese systems. Read more |
|
|
All 28 Indian crew safe after tanker attacked in Iranian waters: Indian Embassy in Tehran |
| All 28 Indian crew members aboard the LPG tanker Disha are safe following an attack. The Indian Embassy in Tehran confirmed their well-being and is monitoring the situation closely. External Affairs Minister S Jaishankar stressed that attacks on seafarers are unacceptable. India's maritime administration advised against deploying seafarers in the Gulf region. This advisory follows recent attacks on merchant vessels and heightened security concerns. Read more |
|
|
Govt moves on three fronts to defuse NEET protests; Sonam Wangchuk ends hunger strike |
| The government initiated a three-pronged strategy to address examination paper leak concerns. Activist Sonam Wangchuk ended his fast after successful negotiations with ministers. Prime Minister Modi announced new legislation to strengthen actions against examination paper leaks. The Higher Education Secretary was replaced as part of administrative changes. These developments aim to restore public confidence in the examination system. Read more |
|
|
DRDO successfully conducts maiden flight test of Kusha missile |
| India's Defence Research Organisation successfully tested its new long-range missile. The Kusha missile system can counter various aerial threats effectively. This successful trial marks a significant milestone for India's defence capabilities. It reduces import dependency and boosts self-reliance in defence manufacturing. The missile system will soon be inducted into the armed forces. Read more |
|
|
|
|
No ethanol in premium petrol; no plans to restore E0/E10 petrol: Government |
| Premium petrol grades will continue without ethanol blending, the government stated. No decision has been made to increase ethanol blending beyond twenty percent. The government will not restore E0 or E10 petrol supply nationwide. Current E20 fuel has shown no widespread adverse engine impacts. Maintaining parallel fuel supply chains presents significant logistical challenges. Read more |
|
|
|
|
|
|
Trump says US to launch EU probe over 'illegal' Google fine |
| United States President Donald Trump criticized the European Union's decision to fine Alphabet's Google. He announced an immediate probe into the bloc's practices against American companies. The European Commission imposed an €890 million fine on Google for violating EU rules. Trump stated the European Union would pay a significant price for this conduct. This action reflects ongoing trade tensions between the United States and the European Union. Read more |
|
|
Primus, HDFC Capital to set up Rs 2,000 crore senior living platform |
| Primus Senior Living and HDFC Capital have launched a Rs 2,000 crore investment platform to develop senior living communities across six major Indian cities, marking what they describe as the country's largest institutional investment in the segment. The partnership aims to expand purpose-built, institutional-grade senior housing through ownership and rental models, targeting a rapidly growing elderly population while addressing the sector's limited supply of professionally managed communities. Read more |
|
|
From Gen Z to Boomers; Jantar Mantar protest draws support across generations |
| Protests over paper leaks at Jantar Mantar have entered their seventh week. Senior citizens are now supporting the student-led agitation for examination reforms. Many older individuals have traveled long distances to join the ongoing demonstrations. They express concern for the future of the country's youth. This inter-generational movement highlights a shared commitment to educational integrity. Read more |
|
|
Experience your trusted ET newspaper. Now in a brand new way. The Economic Times print edition. Experience it now with your ET Prime membership. |
| Read Today's Print Edition |
|
|
|
|
|
| | |