The Economic Times

87-year-old billionaire Herbert A. Wertheim, an early Apple investor, has spent $40 million on Ferraris first fully electric production car, the Luce. Wertheim bought Apple shares at the companys 1980 IPO. The one-of-a-kind Chassis 0 was created with Jony Ives LoveFrom and sold at auction for far above its original estimate.

Following a strong July, MVNs rapid August performance reflects growing demand for unique, luxury residences among families across Delhi-NCR.

More than 160 people were deported to Haiti on Thursday, marking a significant return flight. The plane landed in Cap-Hatien due to ongoing security issues in the capital. Some deportees had lived in the United States for decades and barely knew Haiti. Advocates criticize the deportations, citing Haiti's severe violence and displacement crisis. The end of Temporary Protected Status leaves many Haitians facing an uncertain future.

India's first four-year undergraduate graduates face a shortage of one-year master's seats. Delhi University offers limited postgraduate capacity, impacting many students' academic progression. Other universities also provide few seats, forcing choices between degrees or extended study. Students expected stronger research foundations from the fourth year. The one-year master's ecosystem is expanding slowly to absorb graduates.

U.S. President Trump dismissed fears regarding the USS Abraham Lincoln's lengthy deployment, asserting that a nearly nine-month mission is manageable for the sailors. Meanwhile, Democratic lawmakers voiced concerns about the health and living standards of the crew. Despite their worries, the Navy reported no rise in suicidal thoughts on the carrier, and U.S. Central Command rejected claims of dire conditions onboard.

In September, Iranian President Masoud Pezeshkian will be in Delhi for the 18th BRICS summit, a visit set against the backdrop of heightened US-Iran tensions and disruptions in the Strait of Hormuz. During his trip, India hopes to finalize crucial arrangements for the Chabahar Port and discuss strategies for energy supply security.

In 1847, a Scottish obstetrician showed the world the use of chloroform as an anaesthetic during childbirth and surgery. Sir James Young Simpson tested the substance with colleagues in Edinburgh and later used it to reduce pain. His work helped spread anaesthesia in medicine and changed how doctors approached childbirth and surgical procedures.

European proverb of the day: A fair face may hide a foul heart teaches that physical beauty and a pleasant appearance do not reveal a person's true character. The proverb warns against judging people through looks, smiles or polite words. It says that actions, behaviour and time are better ways to understand intentions, character and motives.

A Supreme Court bench will hear a key question on September 22. This concerns states' power to impose an additional sales tax levy. The Odisha government amended its Sales Tax Act in 1997. This amendment allowed levying extra taxes on dealers based on turnover. The three-decade-old issue now awaits the court's decision.

N Chandrasekaran's tenure as Tata Sons chairman faced significant challenges and delays. Ratan Tata's passing in October 2024 preceded leadership shifts within Tata Trusts. Noel Tata conveyed displeasure, putting Chandrasekaran's reappointment on hold in May 2026. Several trustees announced their departures from key Tata Trusts positions. Ultimately, N Chandrasekaran decided not to seek a third term as chairman.

Swahili proverb of the day: A Swahili saying teaches us that love is best expressed through tangible actions. True affection manifests not in grand promises, but in small, thoughtful deeds performed daily. Such consistent efforts pave the way for trust and solidify relationships, reminding us that our actions reveal the importance of those we cherish.

Quote of the Day by Ed Sheeran: Ed Sheerans quote, I want to have a career that evolves as I go on, explores the importance of growth, adaptability, creativity, and continuous development in professional life. The quote suggests that a successful career does not have to remain fixed, but can change naturally as a person gains experience, discovers new interests, and embraces new opportunities.

Quote of the day by Blake Lively focuses on women becoming agents of change instead of only receiving the benefits of progress. Her statement about female empowerment, self-advocacy and active leadership explains why women can take ownership of their narratives, question limits, use their voices and take part in decisions that shape workplaces, industries and society.

Quote of the Day by Charlie Munger: Munger's famous quote, Nothing has served me better in my long life than continuous learning. The sentence is simple, but the idea behind it is much larger. He was not talking only about collecting degrees, reading financial reports or becoming an expert at work. He was describing a habit of staying mentally active and becoming a little wiser through experience, reading and curiosity.

Quote of the day by W. Somerset Maugham: W. Somerset Maugham viewed old age as a burden of memories. He believed memories, not failing faculties, made aging difficult. These memories can bring comfort or sadness from past experiences. The quote teaches accepting the past without letting it overshadow today.

Quote of the Day by Jennifer Lawrence: Jennifer Lawrences quote, My career is one thing in my life that I dont plan, explores the importance of flexibility, spontaneity, and allowing professional opportunities to develop naturally. The quote suggests that while planning can provide direction, a career can also grow through unexpected opportunities, experiences, and choices without requiring every step to be carefully predicted in advance.

Shubman Gill faces significant captaincy challenges beyond batting prowess. He must navigate squad selection and player availability issues. The coach Gautam Gambhir appears to hold considerable influence in team decisions. Gill needs to assert his authority and make difficult playing XI choices. Taking ownership of his role is crucial for his captaincy success.

Billionaire Josh Kushner and former Disney CEO Bob Iger are set to buy the Lakers. This reported $12.5 billion deal would be the most expensive sports team sale ever. The transaction follows Mark Walter's acquisition of controlling interest last year. NBA Board of Governors approval is still required for the ownership change. Kushner and Iger aim to build on the team's established foundation.

During the Apollo missions, astronauts noted peculiar flashes of light occurring inside their spacecraft. These experiences were later attributed to energetic cosmic rays penetrating their vision. NASA played a pivotal role in investigating these occurrences, establishing a firm link between the light flashes and cosmic radiation. This foundational work is vital for preparing future astronauts against the hazards of long-duration space exploration.

Wont pay for these barbaric surgeries: Trump bans federal medicaid funding for trans youth care

'I won't defund the police': Mamdani responds to AOC's stunning reckoning, 'Woke 1 was crazy'

Two New Orleans students saw a problem hiding in plain sight: discarded glass had little practical recycling value in their city, while Louisiana's coast desperately needed material to rebuild eroding wetlands. Their solution was to crush unwanted bottles into sand and gravel through Glass Half Full, the recycling operation they founded. Millions of pounds of glass have since been diverted from landfills, with the recycled material finding uses beyond ordinary recycling.

World Meteorological Organization's head of climate information said the current pattern of heat across Europe, the world's fastest-warming continent, reflected the interaction between a persistent pattern of high-pressure systems across the Northern Hemisphere and a warmer climate.

Living near the picturesque Manali in Himachal Pradesh, a couple detailed their monthly expenses. Their rent for a spacious 4BHK property consumes a substantial chunk of their budget. Monthly costs for groceries and dining out hover around fifteen thousand rupees. Thanks to walking and free water, their fuel and electricity expenses remain low. Overall, their serene mountain lifestyle costs about fifty thousand rupees every month.

Bill Gates' vast farmland holdings across the United States have sparked widespread curiosity. An eye-catching Instagram post illustrated his agricultural holdings across nearly 20 states, drawing attention to the scale and spread of his farmland ownership. The discussion has also raised questions about land management and the future of farming. Consumers can support smaller farming operations by shopping at local farmers markets or joining community-supported agriculture programmes. Local polic

'Deep State coup against Trump: Navarro makes explosive claim, cites newly revealed classified docs

US official Peter Navarro believes US President Trump and Prime Minister Modi will resolve tariff differences. He recalled past criticism regarding India's increased Russian oil purchases after the Ukraine invasion. The US Senate recently passed a bill allowing tariffs on countries buying Russian energy. This legislation aims to increase economic pressure on Russia and Iran.

Four US human rights groups filed a lawsuit challenging the Trump administration's campaign against the International Criminal Court. They argue sanctions prevent vital work pursuing justice for major global crimes. The administration claims the court threatens American sovereignty and personnel. This legal action follows similar suits and past judicial blocks on such orders. The US government intends to intensify efforts to undermine the international court.

Pakistan's defense minister indicated a potential US-Iran arrangement regarding the Strait of Hormuz. Oil prices reacted to these conflicting statements about ongoing negotiations. US President Donald Trump toughened his stance on reparations and future talks. Regional incidents and attacks on energy infrastructure continue to tighten markets. The effective closure of Hormuz significantly impacts global trade and economies.

President Trump is framing upcoming midterm elections as a choice. He claims Democrats embrace radicalism and jihadism, which he believes is concerning. Trump also accused unnamed Democrats of seeking to dismantle key US institutions. He alleged opponents want to defund police and weaken the military. Immigration and national identity are central themes for his political messaging.

The parent company of President Donald Trump's Truth Social platform reported a ten-fold increase in losses for the second quarter on Monday, linked to declines in values of its digital assets. The president routinely uses Truth Social to make official announcements.

The US Senate approved a short-term funding measure to avoid a government shutdown. This action occurred nearly two months before the fiscal year deadline. Democrats secured language to prevent Border Patrol funding transfers. A one-month delay was enacted for a ban on intoxicating hemp products. New regulations on federal grants were also blocked for the funding patch duration.

A federal judge has temporarily halted financial disclosure orders for Donald Trump's lawsuit. Trump seeks to narrow his claims against the BBC, focusing on reputational damage. This move aims to avoid divulging sensitive business empire financial performance details. The lawsuit stems from a 2024 BBC documentary that edited a Trump speech. A trial for this case is currently scheduled for February.

Major companies are receiving billions in tariff refunds after a Supreme Court ruling. Apple, Amazon, and Nike are among the largest beneficiaries of these repayments. Consumers who paid higher prices due to tariffs are unlikely to receive any money back. Some companies like Amazon and Costco plan to offer lower prices or limited refunds. Other firms will use the refunds for investments or to offset rising operational costs.

US President Trump frequently discusses grass, linking it to his real estate background and golf interests. He has mentioned grass in numerous public events over the past 18 months. Trump is overseeing significant changes to the White House grounds, including a new helipad. His administration is also focused on beautifying Washington D.C.'s green spaces. These efforts aim to transform parks to resemble prestigious golf courses.

The Trump administration plans to significantly alter Head Start program regulations. These proposed changes aim to increase local decision-making power for centers. Experts worry deregulation could weaken the program's established educational standards. The overhaul seeks to boost enrollment and potentially save billions of dollars. Public comments will be considered before final rules are implemented.

Michigan cyclosporiasis outbreak: The recent cyclosporiasis outbreak in Michigan has resulted in its first two fatalities, sparking concern among health officials. Thousands of infections are connected to this intestinal disease, primarily associated with iceberg lettuce imported from Mexico. Both individuals who passed away had pre-existing health conditions, and investigations are ongoing to pinpoint the source and mitigate further transmission.

The World Cup's expanded 48-team format introduces a new qualification pathway. Beyond the top two in each of the 12 groups, eight best third-placed teams will advance to a round of 32 knockout stage. For the first time, head-to-head results will be the primary tiebreaker, followed by goal difference and other criteria. This shift significantly impacts team strategies, with goal difference potentially proving crucial for survival.

US President Donald Trump attends a G7 summit in France. Key topics include Iran, Ukraine, and trade. A recent Iran war ceasefire agreement could reshape discussions. Ukrainian President Volodymyr Zelenskyy will present his case on the Ukraine war. Leaders will also address China's economic practices and artificial intelligence. The G7 has a long history of addressing global economic challenges.

Chinese President Xi Jinping's recent trip to North Korea marks a significant chapter in regional diplomacy, focusing on enhancing cooperation and reaffirming China's strategic footing. On the other hand, North Korean leader Kim Jong Un is keen on securing financial assistance while forging a collective stance against American influence.