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Psychology says people who save special items for the future are not being practical: Why the brain delays joy, waiting for the perfect moment

Psychology suggests that adults who hold on to special items are rarely acting irrationally. More often, they are trying to preserve something meaningful, such as security, comfort, possibility or hope. The challenge is that the brain can sometimes overlook an important reality: many treasured things are meant to be enjoyed and experienced, not saved indefinitely.

The Economic Times 16 Jun 2026 11:57 pm

CAG asks states to disclose off-budget borrowings in A/Cs

India's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlighted that these liabilities have reached 90.51 lakh crore. States are advised to reduce these debts over time. Accurate reporting is crucial for understanding the true scale of state finances and ensuring fiscal transparency. This will aid informed decision-making by policymakers.

The Economic Times 16 Jun 2026 11:55 pm

He shot a wolf for fun. Then something in its dying eyes turned a hunter into America's greatest conservationist

As the animal lay dying, Aldo Leopold looked into its eyes and saw what he later described as a fierce green fire fading away. In that moment, something changed. The young hunter who believed that fewer wolves meant more deerand better huntingbegan to realize that neither the wolf nor the mountain agreed with such simple thinking.

The Economic Times 16 Jun 2026 11:00 pm

UP extends summer vacation for schools amid heatwave conditions: Check reopening date and other details

Uttar Pradesh schools affiliated with the Basic Education Council and recognized institutions have extended summer vacations until June 24 due to severe heatwave conditions. Regular classes will now commence on June 25, with staff reporting earlier for preparations. This move prioritizes student safety and aims for academic calendar uniformity.

The Economic Times 16 Jun 2026 10:56 pm

Business quote of the day by Google CEO Sundar Pichai: As a leader, it is important to not just see your own success, but focus on the success of others What business owners can learn from Sundar Pichai's mindset

Google CEO Sundar Pichai emphasizes that leaders must focus on others' success. True leadership means helping teams grow and reach their potential. This approach builds stronger organizations and fosters loyalty. Business owners should create opportunities for employees and partners. This collaborative mindset drives long-term success. The most respected leaders inspire and mentor others.

The Economic Times 16 Jun 2026 10:51 pm

'Wait till US discovers it': Spain's Billarda goes viral; Indians say it's a 2,000-year-old game called gilli danda

A Spanish game called Billarda has gone viral on Indian social media. Many Indians recognize it as their ancient game, gilli danda. Videos show players flicking a small stick with a larger one towards a target. This has brought back childhood memories for many. Gilli danda is believed to be over 2,000 years old.

The Economic Times 16 Jun 2026 10:48 pm

The US is using an Iranian smuggling tactic to sneak oil out of the Gulf

The US military is secretly guiding oil tankers through the Gulf of Oman. This operation uses drones and helicopters to facilitate ship-to-ship transfers. The goal is to keep energy exports flowing despite regional tensions. At least 116 ships have been involved since May. This method mirrors tactics used by Iran to bypass sanctions. The transfers occur near Fujairah and Sohar.

The Economic Times 16 Jun 2026 10:47 pm

Quote of the Day by Morgan Housel: 'Spending money to show people how much money you have...'- The Psychology of Money author's classic money lesson on why looking rich can be the fastest way to lose wealth

Morgan Housel, a renowned financial writer, shares a powerful money lesson. He explains that spending to impress others is the quickest route to financial decline. True wealth is built by saving and making wise choices, not by displaying possessions. Housel's insights from 'The Psychology of Money' highlight the difference between appearing rich and actually being financially secure.

The Economic Times 16 Jun 2026 10:33 pm

India launches UPI at department store in France

India's digital payment system, UPI, has expanded its global reach with a launch at Galeries Lafayette in Nice, France. This move strengthens economic and technological ties between India and France. Following its introduction at the Eiffel Tower earlier this year, UPI is now available in nine countries. This allows Indian travelers to make easy payments abroad using familiar platforms.

The Economic Times 16 Jun 2026 10:22 pm

G7 Summit: PM Modi meets Canadian counterpart, discusses ways to build stronger partnership

During a significant summit in France, Prime Minister Narendra Modi engaged in crucial discussions with Canadian Prime Minister Mark Carney. They focused on fortifying their nations' relationship through avenues like commerce, renewable energy, and educational partnerships.

The Economic Times 16 Jun 2026 10:16 pm

She didn't follow a strict diet, join a gym or use protein supplements. But her before-and-after photos left her stunned

A young woman achieved significant weight loss without gyms or crash diets. She focused on walking 10,000 steps daily and eating home-cooked vegetarian meals. This approach led to a 5 kg loss in just a few months. Her journey highlights the power of consistent, simple lifestyle changes for effective weight management.

The Economic Times 16 Jun 2026 9:51 pm

Spanish proverb of the day: There is no evil from which... - Turn pain into purpose: Timeless wisdom and valuable life lessons hidden within every challenge you face and overcome

Spanish proverb of the day: It reminds us that difficult moments often carry unexpected value. Challenges teach perspective. Failure reveals opportunity. Hardship builds resilience. Life lessons emerge through experience. Personal growth begins when we stop resisting change and start discovering the wisdom hidden within every obstacle.

The Economic Times 16 Jun 2026 9:50 pm

School assembly news headlines for June 17: Top national, international, business, sports update and thought of the day

Today's school assembly news covers significant national developments including new prescription mandates for medicinal syrups and ISRO's upcoming PSLV launch. Internationally, a potential US-Iran agreement and G7 cooperation on China are highlighted, alongside a B-52 bomber crash. In sports, Vaibhav Sooryavanshi's on-field incident and Smriti Mandhana's inclusion in TIME's list are noted.

The Economic Times 16 Jun 2026 9:45 pm

World should move from donor-recipient to partnerships based on solidarity and equality: PM Modi to G7 leaders

Speaking at the Outreach Session on 'Forging new Partnerships and rebuilding international solidarity here, Modi also underscored the importance of rust in building international partnerships, especially in an increasingly interconnected world.

The Economic Times 16 Jun 2026 9:42 pm

US-Iran deal allows Tehran to immediately sell oil: Report

America will permit Iran to start selling oil and fuel immediately. This follows a memorandum of understanding to end a war. Sanctions on Iranian oil sales will be waived. This waiver also includes banking, transportation, and insurance services. These provisions take effect once the agreement is signed this week.

The Economic Times 16 Jun 2026 9:38 pm

India's first digital repository of space-sector capabilities launched at ISC

The platform brings together more than 200 verified space and defence companies across nearly 20 domains and over 120 sub-domains. It aims to create a single, trusted platform for capability discovery, collaboration and business development across the Indian space ecosystem.

The Economic Times 16 Jun 2026 9:37 pm

Chinese proverb of the day: 'If You Give a Man a Fish, You Feed Him for a Day. But If You Give Him a Fishing Rod, You Feed Him for a Lifetime' teaches why education, skill development matter

Chinese proverb offers enduring wisdom about education, empowerment, and self-reliance. While temporary assistance is sometimes necessary, lasting change comes from equipping people with the skills and opportunities they need to succeed independently. The proverb highlights the transformative power of knowledge and the importance of investing in human potential. By teaching, mentoring, and empowering others, we create stronger individuals, healthier communities, and a more prosperous world. Ultimately, giving someone the means to succeed is one of the greatest gifts we can offer.

The Economic Times 16 Jun 2026 9:27 pm

Psychology says people who save shopping bags inside other shopping bags are responding to an ancient survival instinct

At its heart, this habit is rarely about the bags themselves. It is more about psychological efficiency. The brain naturally seeks to reduce uncertainty, prevent waste and prepare for future needs. A larger bag filled with smaller ones may seem trivial, but from a psychological perspective, it often symbolizes a much deeper desire for security, readiness and control.

The Economic Times 16 Jun 2026 8:51 pm

Cant even take a Monday off: Employees one-week vacation request denied despite 5 years at job

A finance analyst's vacation request was denied by their manager and he is not even allowed to take one Monday off, according to a Reddit post. The employee is the only analyst in their team and leads critical presentations and the situation has sparked debate on workplace boundaries and PTO policies. Many suggested the employee seek new employment or follow formal HR procedures.

The Economic Times 16 Jun 2026 8:46 pm

Life lesson of the day by Niccol Machiavelli: 'Never attempt to win by force what can be won by...' - inspiring quote on solving problems, decision-making and how strategic thinking can help you achieve your goals by Italian Renaissance diplomat and The Prince writer

Life lesson of the day by Niccol Machiavelli: Niccol Machiavelli advises that success often stems from strategic thinking and understanding situations, rather than brute force. He suggests that a calculated approach, involving careful planning and adaptation, can achieve better outcomes than direct confrontation.

The Economic Times 16 Jun 2026 8:34 pm

Assam: Defence ministry to acquire 333.662 acres for Artillery Brigade location plan

The Ministry of Defence will acquire land in Assam's Udalguri district to establish units of an Artillery Brigade. The expansion is linked to the 21 Mountain Division stationed in the region.

The Economic Times 16 Jun 2026 8:33 pm

Arunachal rolls out major deregulation drive to boost investment

Arunachal Pradesh has significantly eased business regulations. The state has streamlined processes across 51 areas, including land, environment, and labour. Reforms include self-certification, digital platforms for approvals, and simplified utility connections. These measures aim to attract investment by creating a transparent and efficient business ecosystem. The government is committed to fostering growth while respecting the state's heritage.

The Economic Times 16 Jun 2026 8:28 pm

Bharat Forge arm, Paramount unveil next-generation Simha 4x4 armoured vehicle: What are its key features?

Kalyani Strategic Systems Limited and Paramount have unveiled the Simha 4x4, a new light armoured multi-purpose vehicle designed for global markets. This adaptable platform offers advanced mobility, protection, and modularity, catering to diverse military needs from reconnaissance to troop transport. The vehicle emphasizes local industrialization and sovereign production capabilities for partner nations.

The Economic Times 16 Jun 2026 7:40 pm

They flew night-fighter planes into the heart of thunderstorms. Somehow, no one died, and made flying safe for all of us

The Thunderstorm Project changed the story of air travel forever. Scientists and combat pilots entered deadly storms to uncover hidden weather patterns. Their research revealed how turbulence, lightning, and storm cycles worked. This breakthrough created better weather forecasting, stronger aviation safety rules, and a future where millions could fly with greater confidence.

The Economic Times 16 Jun 2026 7:40 pm

India Inc's sales growth gathers pace in March quarter, led by autos and metals: RBI data

Manufacturing companies saw sales jump 14.5 percent in the fourth quarter of 2025-26. Automobiles, electrical machinery, and non-ferrous metals led this growth. Overall, listed private non-financial companies achieved double-digit sales growth. Raw material expenses increased, indicating input cost pressure. Staff costs for manufacturing companies moderated. Services sector companies experienced a moderation in operating profit margins.

The Economic Times 16 Jun 2026 7:31 pm

Sean Combs 2028 Release Update: US rapper turns legal student in prison, lawyer says he's become like a paralegal

Sean Combs 2028 release update: Sean Diddy Combs is reportedly deeply involved in his legal appeal from FCI Fort Dix, with his lawyer stating he's become like a paralegal. Combs is also reflecting on his life and seeking self-improvement. His projected release date has been moved up to February 23, 2028.

The Economic Times 16 Jun 2026 7:31 pm

Modi, Trump meet at G7 summit in France after 16 months

Prime Minister Narendra Modi met with US President Donald Trump at the G7 Summit in France. This marks their first in-person interaction in over 16 months. India is attending the summit as an invited partner country. Prime Minister Modi is also holding bilateral meetings with leaders from Canada, the UK, and the UAE.

The Economic Times 16 Jun 2026 7:01 pm

Comet crash or ice volcano? Scientists are stumped by a secret world past Pluto, and it may be wearing a secret atmosphere

2002 XV93 atmosphere mystery stuns space scientists as a distant Kuiper Belt object reveals unexpected signs of activity. The 470-kilometer icy world challenges old Solar System theories. Researchers believe possible gas, dust, impacts, or icy volcanoes may explain this rare cosmic discovery. The finding shows even small worlds can hold hidden secrets beyond human imagination.

The Economic Times 16 Jun 2026 7:00 pm

Trump's unusual stock frenzy: Portfolio shows 3,600 trades in 90 days

President Trump's investment accounts saw thousands of trades totaling hundreds of millions of dollars between January and March. This feverish activity, dominated by tech stocks, has drawn scrutiny from lawmakers and ethics experts over potential conflicts of interest, though the Trump Organization denies the president's direct involvement.

The Economic Times 16 Jun 2026 6:58 pm

Life Lesson of the Day by the prolific songwriter Tim Rice: 'The biggest lesson I had in my life was...'- The famous Hakuna Matata lyricist's powerful life lesson about resilience and success

Tim Rice's life demonstrates that failure is not an endpoint but a powerful teacher. His journey from unperformed musicals to global acclaim highlights how setbacks, uncertainty, and mistakes are crucial for growth and resilience. By learning from these experiences, he built the foundation for his remarkable success.

The Economic Times 16 Jun 2026 6:49 pm

UK imposes new sanctions on Russian shadow fleet after Indian captain arrest

Ajay Pant, 38, was arrested by the National Crime Agency (NCA) during a joint operation with British armed forces to intercept a Russian shadow fleet oil tanker in the English Channel.

The Economic Times 16 Jun 2026 6:41 pm

Banks, fintechs join forces to fight money laundering, terror financing under new platform

India's financial sector has launched a new platform called ARIFAC. This initiative brings together banks, NBFCs, payment firms, insurers, and other entities. ARIFAC aims to improve anti-money laundering and combating financing of terrorism efforts. It will focus on training, sanctions, and digital risks. The platform will foster collaboration and enhance compliance standards across the industry.

The Economic Times 16 Jun 2026 6:30 pm

African proverb of the day: 'The wise create proverbs for fools to learn, not to...' - motivational life lessons on wisdom, learning, personal development, why knowledge without taking action is pointless and why some people never grow despite knowing more

African proverb of the day: An African saying emphasize that true wisdom lies in applying lessons, not just repeating them. This distinction highlights the importance of translating knowledge into action to foster genuine understanding and personal growth.

The Economic Times 16 Jun 2026 6:30 pm

Psychology says adults who bite their nails are not simply nervous but are seeking an escape route from uncomfortable situations

Psychology suggests that nail biting is rarely a sign of immaturity, poor discipline or weak self-control. More often, it is the brain's way of seeking relief during moments of stress or internal unease. The key insight is that most adults who bite their nails are not intentionally trying to harm them, they are often trying to soothe themselves.

The Economic Times 16 Jun 2026 6:29 pm

Quote of the Day by Oprah Winfrey: 'Think like a queen. A queen is not afraid to fail. Failure is another stepping stone to greatness' shows setbacks are temporary, importance of embracing failure for growth, future success

Quote of the Day by Oprah Winfrey teaches us that failure should not discourage us from pursuing our dreams. A queen symbolizes confidence, courage, and leadership. She understands that mistakes and setbacks are part of success. Every failure offers valuable lessons and opportunities for growth. Great achievements often come after many challenges and disappointments. By believing in ourselves and learning from our mistakes, we become stronger and wiser. The quote encourages us to face difficulties bravely and continue striving toward greatness.

The Economic Times 16 Jun 2026 6:24 pm

Psychology suggests adults who bring a cardigan everywhere arent overprepared; theyre protecting comfort before discomfort steals attention, because the body is easier to regulate when it feels safe

Think of a cardigan as your cozy companion in the quest for comfort. Beyond just providing warmth, it serves as a safeguard against the minor nuisances that can derail your focus and mood. Studies reveal that our physical environment, particularly temperature, plays a crucial role in our ability to concentrate and maintain emotional stability.

The Economic Times 16 Jun 2026 6:15 pm

In 1971, volunteers entered a mock prison basement and sparked one of psychologys biggest debates

The Stanford Prison Experiment, conducted in 1971, serves as a pivotal case study in understanding the effects of authority and social roles on behavior. Once regarded as irrefutable evidence of the corrupting nature of power, new analyses raise questions about its experimental integrity and ethical standards. As discussions among academics grow, they emphasize the complexities of the researchers involvement.

The Economic Times 16 Jun 2026 6:13 pm

In 1953, scientists pieced together a twisted molecule, and DNA finally had a shape

Scientists uncovered DNA's double helix structure in 1953. James Watson and Francis Crick proposed the model. It explained how genetic information is stored and copied. This discovery transformed biology. It built upon earlier research and X-ray images. The double helix became a foundation for modern life sciences. Many scientists contributed to this breakthrough.

The Economic Times 16 Jun 2026 6:12 pm

Psychology says people who press the elevator repeatedly are not necessarily impatient: It is about craving control during tiny moments of uncertainty

The elevator button is just one example of a broader psychological pattern. The key insight is that people are often not trying to make the elevator arrive faster, they are trying to ease their own sense of discomfort and impatience. That may be exactly why these small behaviors are so widespread.

The Economic Times 16 Jun 2026 5:55 pm

India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiatives

India and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield businesses from fluctuating US dollar values. The initiative will help Sri Lanka conserve its dollar reserves. Indian banks can now offer loans in rupees to Sri Lankan importers.

The Economic Times 16 Jun 2026 5:55 pm

States' expenditure rises 131% in 10 yrs on welfare, development: CAG Report

States' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the largest budget component. Committed expenses and subsidies consumed over half of revenue spending. Total state expenditure reached Rs 51.20 lakh crore in 2024-25. Budgetary spending averaged between 15.78 and 17.49 percent of GSDP.

The Economic Times 16 Jun 2026 5:54 pm

Kevin Warsh takes Fed pulpit with immediate challenges, longer-term agenda

Federal Reserve Chairman Kevin Warsh leads his first policy session, sending ripples through the investment community eager for clues on monetary policy shifts. With a preference for brevity in his public declarations, Warsh encounters the challenge of aligning expectations for rate cuts with the latest inflation figures.

The Economic Times 16 Jun 2026 5:51 pm

India's rice stocks climb to record high; wheat inventories at five-year peak

India's government warehouses hold record rice stocks, up 15% from last year. Wheat inventories are at a five-year peak. These abundant reserves will support increased rice exports. Higher wheat stocks will help manage prices by allowing open market sales. Record production in the last crop year fueled these impressive inventories. India is well-positioned for both exports and domestic price stability.

The Economic Times 16 Jun 2026 5:49 pm

G7 allies scramble to put Ukraine back atop Donald Trump's agenda as war drags on

G7 leaders are urging President Trump to refocus on the Ukraine war. Discussions at the summit included increasing pressure on Russia through sanctions. Leaders also agreed to provide Ukraine with more air defense. The UK announced new sanctions targeting Russia's oil and gas shipping. Trump expressed frustration over the ongoing conflict and stated his commitment to finding a resolution.

The Economic Times 16 Jun 2026 5:47 pm

28 LPA in Bengaluru beats $60,000 in the US? Here's why Indian professional is considering moving back home

A young Indian professional, after a year-long job hunt in the US, faces a dilemma: a 28 LPA offer in Bengaluru or continuing his career in America with a recently selected H1-B visa. Torn between family responsibilities and career prospects, he weighs the financial and lifestyle implications of returning home to care for his aging parents.

The Economic Times 16 Jun 2026 5:45 pm

Life Lesson of the Day by Nassim Nicholas Taleb: Missing a train is only painful if you run after it. Likewise, not matching the idea of... Powerful life lesson on success, freedom, and self-worth for young minds by the bestselling author of The Black Swan, Antifragile, and Skin in the Game

Life Lesson of the Day by Nassim Nicholas Taleb: What if the biggest source of stress is not failure but chasing someone elses definition of success? This powerful life lesson on success, freedom, and self-worth comes from the bestselling author of The Black Swan and Antifragile. It reveals why independent thinking, resilience, and personal freedom matter more than status, approval, or conventional achievement.

The Economic Times 16 Jun 2026 5:41 pm

In 1899, scholar Wang Yirong just looked at 'dragon bones' in medicine market; Then he noticed strange symbols that revealed China's 3,000-year-old lost history & direct evidence of Shang dynasty

In 1899, scholar Wang Yirong noticed ancient markings on so-called dragon bones being sold in a traditional Chinese medicine market. His observation led to the identification of these artefacts as oracle bones, which later provided direct evidence of the Shang dynasty. The inscriptions on the bones represent the earliest known form of Chinese writing and offer valuable insights into royal life, religious practices and state affairs more than 3,000 years ago, significantly transforming historians' understanding of ancient China.

The Economic Times 16 Jun 2026 5:28 pm

7-day no-sugar, high-protein meal plan for high blood pressure

Looking for a simple diet plan to support healthy blood pressure levels? This 7-day no-sugar, high-protein Indian meal plan includes protein-rich foods like paneer, dal, sprouts and tofu while avoiding added sugar. The easy-to-follow menu focuses on balanced meals that may help support overall heart health.

The Economic Times 16 Jun 2026 5:26 pm

Techie dies mysteriously during Mussoorie trip with husband; Shocking scene leaves investigators searching for answers

A young software engineer from Delhi was discovered deceased at a Mussoorie homestay. Police are investigating the mysterious circumstances surrounding her death. The couple had arrived for a trip and reportedly consumed alcohol. Investigators found the woman on the floor with blood on the bedsheet. The post-mortem report is awaited to determine the cause of death.

The Economic Times 16 Jun 2026 4:49 pm

Noida man poses as IPS officer in Lucknow, scolds cops for not saluting him, arrested after payment dispute at tea stall

A man was arrested in Lucknow for pretending to be an IPS officer. He allegedly intimidated police personnel at a tea stall. The accused, Mithilesh Shukla, was booked for impersonating a public servant. He admitted to working as an account executive and not being an IPS officer. A case was registered and he was arrested.

The Economic Times 16 Jun 2026 4:44 pm

Inspirational Italian proverb of the day: 'The house hides but doesnt steal.' Remarkable lesson about life, lost opportunities and why things are not always what they seem

Inspirational Italian Proverb of the Day: An Italian proverb, The house hides but doesnt steal, offers a timeless lesson on patience and perspective. It suggests that what appears lost is often merely misplaced, encouraging a thoughtful approach to life's challenges. This wisdom reminds us to avoid jumping to conclusions and to remain optimistic, as opportunities and solutions may be closer than they seem.

The Economic Times 16 Jun 2026 4:29 pm

IEA says 'unconditionally' re-opening Hormuz vital to end energy crisis

The head of the International Energy Agency stressed that fully reopening the Strait of Hormuz is crucial for global economic stability. Record-high oil and gas prices are really hitting countries hard. There's talk of a potential deal between the U.S. and Iran, which could ease these tensions and bring prices down.

The Economic Times 16 Jun 2026 4:27 pm

Telangana govt to unveil road named after Donald Trump in Hyderabad on June 23

Hyderabad will soon see a new road named Donald Trump Avenue. The inauguration is scheduled for June 23. This initiative is part of the state government's plan to honor global figures and companies. Other roads will be named after Ratan Tata and Google. This aims to promote Telangana as a center for innovation and development.

The Economic Times 16 Jun 2026 4:00 pm

BJP govt has 'failed' first test of accountability by not seeking Pradhan's resignation: Kharge

Congress leader Mallikarjun Kharge criticizes the Modi government for exam irregularities. He demands Education Minister Dharmendra Pradhan's resignation, citing widespread paper leaks affecting millions of youth. Kharge highlights the government's failure to ensure accountability, with multiple exams like NEET, SSC, UGC-NET, and CUET facing leaks. Rahul Gandhi will address student conventions against paper leaks.

The Economic Times 16 Jun 2026 3:56 pm

Bank freezes Bengaluru man's entire account instead of Rs 25,000 specified by police; Karnataka HC grants him relief

A Bengaluru resident approached the Karnataka High Court after his bank froze his entire account despite police communications seeking a freeze of only Rs 25,000. The court ruled that banks cannot expand the scope of freezing directions on their own and must restrict action to the amount specified by investigating agencies unless a complete freeze is explicitly ordered.

The Economic Times 16 Jun 2026 3:50 pm

Serena Williams handed wildcard for Wimbledon doubles; to play with sister Venus

Serena Williams is set to make her Wimbledon return after a four-year hiatus, having been granted a wildcard for the women's doubles. The 23-time Grand Slam singles champion recently played doubles at the Queen's Club Championships and will now partner with her sister Venus at the prestigious tournament.

The Economic Times 16 Jun 2026 3:46 pm

ED searches at 17 locations in corporate insolvency process case

The Enforcement Directorate has launched a money laundering probe, conducting searches across 17 locations in Maharashtra and Delhi. The investigation targets alleged irregularities in a corporate insolvency resolution process, focusing on a fraudulent loan grant by YES Bank and potential collusion among asset reconstruction companies. Evidence of circular transactions and under-valuation of assets is being sought.

The Economic Times 16 Jun 2026 3:41 pm

UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG report

Fifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptroller and Auditor General's report highlights these financial outcomes. States' own tax revenues are growing, forming a significant part of total receipts. Committed expenditures like salaries and pensions remain a major cost for states.

The Economic Times 16 Jun 2026 3:28 pm

AI startup CEO gifted almost Rs 1 crore mattresses to all employees, the reason will surprise you

An AI startup CEO is prioritizing employee well-being over traditional perks, gifting each worker a $3,000 sleep-enhancing mattress cover. He believes superior rest sharpens minds, comparing engineers to athletes needing optimal recovery. This innovative approach aims to boost productivity by ensuring employees are well-rested and mentally sharp, fostering a healthier, more effective work environment.

The Economic Times 16 Jun 2026 3:28 pm

CBSE Class 10 Second Board Exam Result 2026 Date: How to download scorecard at cbse.gov.in and results.cbse.nic.in

CBSE Class 10 Second Board: Students awaiting their CBSE Class 10 Second Board Examination 2026 results may see the outcome announced this week, with reports suggesting a likely release by 21 June 2026. The exams were conducted from 15 May to 21 May 2026, providing students with an opportunity to improve their scores. Once declared, candidates will be able to check and download their scorecards through the official CBSE websites, as well as digital platforms such as DigiLocker and the UMANG app.

The Economic Times 16 Jun 2026 3:25 pm

US-Iran deal enters 'second stage', as Trump says Tehran will never get nuclear weapon

US President Donald Trump declared Iran will not acquire nuclear weapons under the new agreement. He described the deal as fair and entering a second stage. Trump emphasized no US funding would go to Tehran. He also issued a strong warning of severe repercussions should Iran pursue nuclear arms.

The Economic Times 16 Jun 2026 3:23 pm

Nepal seeks reset with China as Foreign Minister Khanal holds wide-ranging talks in Beijing

Nepal's Foreign Minister Shisir Khanal had a meeting with China's Wang Yi in Beijing. They talked about how the two countries get along, improving connections, and boosting trade. Nepal reaffirmed its support for the one-China policy, while China showed interest in furthering Belt and Road Initiative projects.

The Economic Times 16 Jun 2026 3:21 pm

China's rare-earth export value jumps 44.9% in Jan-May despite modest rise in volumes

China's rare-earth exports saw a modest 2.2% volume increase in early 2026, but export value surged by 44.9% to $243.63 million. This significant value jump reflects higher prices and robust global demand for these critical minerals, essential for high-tech and clean-energy industries.

The Economic Times 16 Jun 2026 3:19 pm

ICAI CA Intermediate Result 2026 Date & Time: How to download your scorecard at icai.org

The Institute of Chartered Accountants of India will release CA Intermediate May 2026 results on June 24, 2026. Students can check their scores online at caresults.icai.org using their registration and roll numbers. The merit list and pass percentages will also be published. Meanwhile, CA Final May 2026 results are expected on June 18, 2026.

The Economic Times 16 Jun 2026 2:57 pm

US military to build war-ready stockpile in Australia: documents

The US military is planning a permanent war-ready stockpile of weapons for its Marine Corps on Australia's southeast coast, tender documents show and officials confirmed to AFP. Documents published by the US Navy this month show plans for $30 million allocated to build warehouses and offices in southeastern Victoria state for critical forward provisioning, including crew served weapons. The development of the stockpile, a first for the Marine Corps in Australia, comes as the United States is keen to leverage the continent's strategic location in the South Pacific to counter China's rapid military build-up, analysts said.

The Economic Times 16 Jun 2026 2:57 pm

Global commodity prices likely to remain elevated amid easing West Asia tensions; India's WPI seen at 7-8% in FY27: Report

Global commodity prices will stay high in coming months. Geopolitical tensions in West Asia and bad weather affecting crops are the main reasons. Supply chains will take time to recover even after conflicts end. This will impact energy, metals, fertilizers, and food prices. India's inflation is expected to average 7-8 percent in FY27.

The Economic Times 16 Jun 2026 2:53 pm

West Bengal CM Suvendu Adhikari unveils North Bengal roadmap on first Darjeeling hills visit

West Bengal Chief Minister Suvendu Adhikari has unveiled a comprehensive development plan for North Bengal. He assured residents of the Darjeeling hills that all central government welfare and development schemes will be delivered effectively. Adhikari stated his government's commitment to transparency in recruitment and inclusive growth across the region. Infrastructure, jobs, and public services will be strengthened.

The Economic Times 16 Jun 2026 2:51 pm

Cooling crude may ease inflation heat, give RBI room to stay on pause despite WPI surge: YES Bank

India's wholesale inflation is high, driven by fuel and manufacturing costs. However, falling global crude oil prices and a stable rupee offer potential relief. This could allow the Reserve Bank of India to postpone interest rate increases. The central bank is monitoring weather-related food inflation risks. A new Producer Price Index framework is also being introduced.

The Economic Times 16 Jun 2026 2:48 pm

Harsh Goenka's Tuesday motivational quote: Anger is the punishment you give yourself for someone elses mistake Why we get angry and how to control it

Industrialist Harsh Goenka shared a motivational message on managing anger, emphasizing that holding onto it punishes oneself. The American Psychological Association explains anger as a normal emotion that can become destructive if excessive, offering strategies like relaxation and cognitive reframing for constructive management.

The Economic Times 16 Jun 2026 2:46 pm