The Economic Times
Elections 2026Company / The Economic Times
Quote of the day by Epicurus (Author of Lettera sulla felicit): Epicurus' ancient wisdom teaches us to appreciate what we have. He advised against spoiling present joys by constantly desiring what we do not have. Modern desires for wealth and status can create endless dissatisfaction. Focusing on what is truly necessary can lead to a more peaceful and fulfilling life. Appreciating the things we once hoped for but now have can also foster gratitude and contentment.
Quote of the day by Beethoven: Ludwig van Beethoven expressed a powerful belief in the importance of individual merit, valuing talent and hard work over noble lineage. His insight remains relevant today, when comparisons with others are increasingly common. By challenging societal expectations, Beethoven forged his own path as an artist and left a lasting legacy that encourages people to recognise and value their unique abilities, contributions and achievements.
The Revolutionary Guard Corps of Iran issued a statement claiming that US military strikes would exacerbate conditions in the Strait of Hormuz. The US has verified its attacks on IRGC targets in Iran after a string of Iranian assaults on vessels and troops. In retaliation, Iran has initiated a military response employing missiles and drones against US interests, leading to an alarming rise in hostilities around this critical maritime route.
CPP Investments has committed around 2,070 crore ($215 million) to NIIF Infrastructure Fund II, strengthening its partnership with NIIF. The fund will invest in Indias infrastructure sector, focusing on long-term growth themes including urbanisation, digitalisation and the energy transition.
In a bid to boost climate and transition finance, banks are pressing for a lower cash reserve ratio for green deposits. Presently, estimates show that these deposits fall short of the necessary critical mass. A decreased CRR could significantly cut funding expenses and unlock capital for loans, as India strives for substantial investments to fulfill its net-zero goals.
During a Fox News interview on September 1st, President Donald Trump remarked that Iran has squandered multiple opportunities for a meaningful agreement. He stated that any potential deal with the Iranian government is unlikely to be trustworthy or reliable, highlighting his strong opposition to ongoing negotiations and indicating a decisive stance on US-Iran relations.
Best Mexican Proverb of the Day: Build a reputation and you can rest easy explores how a persons established reputation can influence the way others perceive their actions. The Mexican proverb suggests that once an image becomes firmly associated with someone, people may continue to judge them through that reputation, even when their behaviour changes over time.
In a powerful address, Prime Minister Modi called on the SCO to take a firm stand against nations that leverage terrorism for state agenda. He emphasized the need to dismantle the networks that support terrorism and eliminate the hypocrisy surrounding counter-terrorism efforts. Modi also highlighted the importance of dialogue and diplomacy in addressing international disputes and regional issues, ensuring that connectivity projects uphold principles of national sovereignty and territorial integr
India's priorities found reflection in the SCO Bishkek Declaration adopted Tuesday. The declaration emphasized combating terrorism and strengthening scientific cooperation among members. New Delhi highlighted thirteen key outcomes, including a center for countering security threats. Prime Minister Modi urged confronting nations using terrorism as state policy. This summit strengthened India's engagement with the Eurasian region.
In a significant move, India and the US have vowed to bolster their bilateral relationship, particularly in critical minerals supply chains. U.S. Treasury Secretary Scott Bessent praised India's involvement in G7 discussions. Finance Minister Nirmala Sitharaman invited him to visit New Delhi, marking a pivotal moment. Furthermore, the US will take center stage by hosting the G20 Leaders' Summit later this year.
Prakhar Purohit created tiny batteries using dirty water for a science project. His innovative idea earned him the 2026 North Carolina State Merit Winner recognition. This award highlights students exploring real-world issues through scientific experimentation. Purohits project connects water pollution with small-scale electricity generation needs. The initiative encourages innovative approaches to environmental and energy challenges.
Gujarat Chief Minister Bhupendra Patel views new trade agreements as beneficial for his state. He sees global supply chain disruptions as opportunities for new market exploration. Patel expressed confidence in attracting significant domestic and foreign investments to Gujarat. The state government's policy continuity and stability are key attractions for investors. Gujarat is also focusing on green energy initiatives and expanding its MSME sector.
Leaders of Russia, India, and China met warmly in Bishkek. Prime Minister Modi and President Xi Jinping will hold a substantive meeting soon. They aim to rebuild economic partnerships and stabilize the Line of Actual Control. India and China agreed on new border management measures and hotline channels. President Putin praised strengthening Russia-India relations and Modi's personal attention.
Germany has blamed Russia for an attempted drone attack at Leipzig airport. Authorities found evidence linking the device to Russian hybrid operations. The German government will close a Russian consulate in Bonn. Further measures include increased entry controls and sanctions against Russia. Moscow has stated it will respond to these German actions.
Quote of the Day: Sophia Lorens timeless quote of the day, At the dressing table, every woman has a chance to be an artist, and art, as Aristotle said, completes what nature left unfinished, celebrates beauty as an art form. The classic quote also explores how every woman can use personal style, creativity and confidence to express herself.
In a united front, the SCO countries dismissed double standards in addressing terrorism and cross-border movements, expressing their profound worries about the situation in West Asia and condemning US military actions against Iran. The member nations strongly promoted political and diplomatic avenues to resolve conflicts in the region and underscored the importance of a just resolution for the Palestinian situation. The upcoming SCO summit is set for 2027 in Pakistan.
Madhya Pradesh government will develop an aerocity near Indore's airport. This modern commercial hub is expected to attract significant investment. The aerocity will offer hotels, office spaces, and residential developments. It will also provide direct connectivity to the Indore-Pithampur Economic Corridor. A theme-based amusement park is also planned for the city.
Quote of the Day by James Stewart: James Stewarts quote, You have to develop a style that suits you and pursue it, not just develop a bag of tricks. Always be yourself, explores the importance of individuality, authenticity, and self-confidence. The quote suggests that true success comes from developing your own unique style and staying genuine rather than simply copying others or relying on temporary tricks and techniques.
The U.S. Railroad Retirement Board successfully recycled over 3,200 pounds of electronic waste. This achievement was driven by federal programs like Computers for Learning and property management. Excess computers were donated to schools, boosting staff morale and program continuation. Other electronics were recycled by certified vendors, ensuring best practices were followed. The agency also returned reusable mobile devices for bill credits.
The Centre has set a paddy procurement target of 708.64 lakh tonne for the upcoming Kharif season. This target is lower than actual procurement levels seen in recent years. Improved rice specifications with tighter broken-grain norms will be implemented from this season. Coarse grain procurement estimates also show an increase for the 2026-27 season. The government continues its push for storage capacity and technology adoption in foodgrain management.
Accusing an Instagram creator of secretly filming him at a Delhi caf using Ray-Ban Meta smart glasses, a man has sent a legal notice seeking Rs 2.05 crore in damages, an apology and the video's removal. The notice also targets Meta directly over the glasses' design, arguing its recording indicator is too easy to miss, in what the IFF calls one of India's first such challenges.
Quote of the day by Fyodor Dostoyevsky: Do not be afraid of mens sin, love a man even in his sin, urging us to look beyond a persons worst moments. The idea speaks to everyday relationships, where hurt, conflict and disappointment can make understanding another person difficult. The article explores compassion, forgiveness and perspective, while asking whether genuine love can survive human imperfection.
Microwaves bounce off the metal walls inside the oven, and when the reflected waves interact with incoming waves, they can create areas of stronger and weaker electromagnetic fields. These nodes and antinodes produce regions where food absorbs different amounts of microwave energy. This uneven distribution is also why many traditional microwave ovens use a rotating turntable to help heat food more evenly.
Pluto Retrograde isn't necessarily about rewarding hard work; it is about revealing how that effort has changed you. For these three zodiac signs, the results of that transformation may finally become impossible to ignore.
Delhi Traffic Police announced upcoming restrictions and diversions for a BRICS Summit rehearsal. Key roads will be affected on September 2, impacting daily commutes significantly. Motorists should plan journeys and use alternate routes to avoid delays. Metro services will remain operational, while bus routes may face diversions. Travelers to airports and stations are advised to use the Metro and plan ahead.
Banks are increasingly selecting microfinance institutions for loans instead of individual borrowers, leading to a reclassification of microfinance loans as part of retail portfolios. Despite this trend, non-banking financial companies focused on microfinance (NBFC-MFIs) received considerable debt support from banks recently. However, the overall microfinance sector saw a decline in its borrower base, with higher loan amounts being distributed to a lesser number of borrowers.
Most Americans oppose President Trump's recent tariffs on Canadian imports. A new poll shows significant disapproval for these trade actions. Americans also reject the renaming of Lake Ontario to Lake America. Voters are concerned about rising living costs impacting upcoming elections. President Trump's approval ratings have recently reached their lowest point.
Quote of the day by Jack Nicholson says, Its very easy to go down, so always live up. Incline yourself upward. The quote explains why negativity and bad habits can become easy choices. It also points to personal growth, positive actions and better decisions. Here is the meaning of the quote and the life lessons behind Nicholsons words.
Astronauts have described the smell as resembling spent gunpowder, ozone, burning metal and welding fumes. NASA even worked with fragrance chemist Steven Pearce to create a simulated version of the odor for astronaut training.
Assam's Chief Minister Himanta Biswa Sarma launched financial aid programs for youth. These initiatives aim to create a skilled workforce ready for global employment. Students receive financial assistance for foreign language training and post-placement support. Fresh graduates also receive monthly financial aid to aid their transition to employment. The government plans further programs to develop and empower Assam's young population.
Ujjivan Small Finance Bank appointed Carol Furtado as interim chief executive officer. This appointment follows the sudden resignation of MD and CEO Sanjeev Nautiyal. Nautiyal stepped down from his position citing health grounds and requested early retirement. The Reserve Bank of India has approved Furtado's interim appointment for three months. The bank will now begin the process to find a permanent successor.
Indian markets stayed volatile but held above 24,000 as crude prices and geopolitical tensions weighed on sentiment. Analysts recommended KSB, City Union Bank, Acme Solar and BEML, citing bullish technical patterns, breakouts, improving momentum and key support levels.
The 39-year-old won the 2022 World Cup in Qatar and his last game for his country was Argentina's World Cup final defeat against Spain in July. Messi's brilliance for Argentina and Barcelona made him one of the world's greatest ever players.
Tim Cook will step down as Apple CEO on September 1 after 15 years, handing over the role to hardware chief John Ternus, while becoming executive chairman. Under Cook, Apples annual revenue rose from $108 billion to $416 billion and profit grew more than fourfold to $112 billion, helped by services, wearables and a massive iPhone user base.
Prime Minister Narendra Modi concluded his productive two-nation visit to Uzbekistan and Kyrgyzstan. He attended the annual SCO summit in Bishkek, calling for dismantling terrorism's entire ecosystem. In Uzbekistan, ties were elevated to a comprehensive strategic partnership with new agreements signed. Modi also met with leaders including Vladimir Putin and Sadyr Zhaparov. The visit strengthened India's engagement and yielded tangible outcomes across the region.
Melinda French Gates childhood was shaped by her father Raymond Joseph French Jr.s aerospace career during the NASA Apollo era. Her father, Raymond Joseph French Jr., was an aerospace engineer whose career included work connected to NASA's Apollo programme. From watching Apollo launches to meeting women engineers and mathematicians at company gatherings, these early experiences helped shape her interest in technology, education and womens opportunities.
Running alone gives you control over pace and distance. Running with others introduces something harder to replicate: accountability. From having people waiting at the start to settling into a shared pace, a running group can make longer distances feel more manageable and regular training easier to sustain.
Bristy Mukherjee death reason: Bristy Mukherjee, the 28-year-old niece of TMC chief Mamata Banerjee, was found hanging at her home in Birbhum, West Bengal. Police are treating the death as a suspected suicide, while her family said she had been undergoing treatment for depression and was involved in divorce proceedings.
US hospitals report a significant rise in vitamin K shot refusals for newborns. This trend has accelerated sharply this year, increasing life-threatening bleeding risks. Girl babies are disproportionately affected by these increasing vitamin K refusal rates. Doctors express growing concern over the rising risk of catastrophic bleeding in newborns. Health agencies are evaluating data and surveillance related to vitamin K refusals and bleeding events.
Taipan snake bite: A young Australian snake handler asked that the deadly taipan that bit him not be killed. The snake provided crucial venom for scientists working to develop a specific antivenom. Five years later, the antivenom helped save 10-year-old Bruce Stringer in Cairns, who was reportedly the first person in Australia to receive the treatment. His survival highlights how scientific research can turn a dangerous wildlife encounter into a life-saving breakthrough.

28 C