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The Economic Times

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Quote of the day by Heraclitus: 'The world is nothing but a great desire to live and a great dissatisfaction with living.' Life lessons from motivational quote on human behavior, inner tension, dissatisfaction, emptiness, restless existence and struggle

Quote of the day by Heraclitus says, The world is nothing but a great desire to live and a great dissatisfaction with living. The saying explores human behavior, desire, dissatisfaction, inner tension and the struggle between what people want and what they experience. Heraclitus connected change, opposites, fire and logos to his view that life remains in motion through opposing forces.

8 Aug 2026 4:01 am
In 2012, scientists from Arizona and Norway revealed that honeybees can rejuvenate aging brains. Years later, it advanced efforts to slow age-related cognitive decline in humans

Brain aging research: Older honeybees showed renewed learning abilities after changing social roles. Scientists observed significant molecular changes within the brains of these bees. These changes included specific proteins also found in humans. The findings suggest brain aging may be more flexible than previously thought.

8 Aug 2026 3:56 am
LIC weighing plans to invest in health insurance, fintech: R Doraiswamy, MD, LIC

LIC said the governments 31,552-crore offer for sale reflects investor confidence and helped achieve 10% public shareholding. The insurer will focus on growth, margins and distribution, while the government must raise public shareholding to 25% by 2032.

8 Aug 2026 1:23 am
PFRDA approves four new pension funds, increasing total to 14 for NPS subscribers

The Pension Fund Regulatory and Development Authority has approved four new pension funds. This expansion aims to increase non-government NPS subscribers significantly over five years. Digital initiatives are expected to attract millions of new subscribers annually. PFRDA emphasises accessibility and simplified onboarding for broader pension coverage. Conservative schemes have delivered strong annual returns, building on past successes.

8 Aug 2026 1:13 am
NBFC credit surges 14.4% to 59.3 lakh crore in June, retail loans lead growth: RBI data

Non-banking finance company credit grew 14.4 percent year-on-year in June. Retail loans saw the fastest expansion, increasing by 20.3 percent. Housing and vehicle loans, and gold jewellery loans showed robust growth. Credit to industry expanded by 6.7 percent, while services sector credit grew 17.6 percent. Agriculture and allied activities credit increased significantly by 17.9 percent.

8 Aug 2026 1:03 am
Quote of the day by Christopher Walken: 'At its best, life is...' Life lessons from inspirational quote on spontaneity, flexibility, excitement and authenticity

Quote of the day by Christopher Walken says, At its best, life is completely unpredictable. The line looks at uncertainty as part of life. It suggests that people cannot plan every event or outcome. The quote encourages people to accept change, remain open to unexpected experiences, value the present and adjust when plans change.

8 Aug 2026 1:01 am
Quote of the Day by William Shakespeare: Reputation is an idle and most false imposition, oft got without merit and lost without deserving.

Shakespeare's timeless insight sheds light on how fragile reputation is in today's world. Public opinion can easily elevate or tarnish an individual's status without justice. This guidance advocates for a commitment to integrity and sincerity in daily life. Authentic self-worth and character are not dictated by others' views, urging us to cherish genuine growth over transient applause.

8 Aug 2026 12:58 am
Minister Deepak Prakash can remain minister after MLC nomination, Bihar government informs SC

Bihar government informed the Supreme Court about minister Deepak Prakash's MLC nomination. He has now taken his oath as a Member of the Legislative Council. This development addresses the plea seeking his removal from the ministerial post. The court was informed that Prakash is no longer barred from continuing as minister. His nomination ensures he meets the constitutional requirement for holding the position.

8 Aug 2026 12:56 am
BRICS trade meet clears MSME credit framework

Brics trade ministers finalized their Economic Partnership 2030 strategy and adopted a joint declaration. They agreed on the Jaipur Consensus and Guiding Principles for MSME credit. This aims to close the trade finance gap and expand small business access. The declaration also supported a rules-based multilateral trading system led by the WTO. Ministers advanced market opening and economic diversification among member nations.

8 Aug 2026 12:55 am
Travis Head wins second straight Allan Border Medal, joins elite list

Travis Head secured his second consecutive Allan Border Medal award. He narrowly defeated close friend Alex Carey by a single vote. Mitchell Starc received the Shane Warne Men's Test Player of the Year award. Mitchell Marsh was named ODI Player of the Year. Tim David earned the T20I award for his performances.

7 Aug 2026 9:53 pm
India identified 27 places, features in Arunachal Pradesh by their standard names on official map

India has formally identified twenty-seven places in Arunachal Pradesh on its official map. This action aims to ensure accurate recognition and public awareness of these locations. China has repeatedly renamed places in Arunachal Pradesh, which India rejects. India asserts Arunachal Pradesh is an integral part of the nation. These efforts aim to counter China's attempts to create baseless narratives.

7 Aug 2026 9:46 pm
FAA orders crack inspections for hundreds of Boeing 737 Max jets

The Federal Aviation Administration has mandated that inspections be carried out on numerous Boeing 737 Max aircraft due to potential cracks detected in older models. This concern has been known since Boeing flagged the issue and collaborated with operators over the last six years. In response, inspections for Max jets will now be enforced by the FAA, highlighting ongoing safety and quality challenges Boeing has encountered.

7 Aug 2026 9:44 pm
Native American Proverb of the Day: 'No river can return to its source, yet all rivers must have a beginning' A timeless lesson about life and new beginnings

An insightful Native American saying conveys that life is like a river, moving forward and never returning to its origin. It teaches us to appreciate our roots while embracing transformation and progress. Our journey is marked by lessons learned and choices made in the present. This proverb echoes the truth that every great success is initiated by taking a single, purposeful step into the future.

7 Aug 2026 9:43 pm
Brazilian proverb of the day: 'Between the beginning and the end, there is...' Life lessons from motivational proverb on truth, patience, presence, hard work, resilience and growth

Brazilian proverb of the day highlights the saying, Between the beginning and the end there is always a middle. The proverb explains that every journey has stages and that growth happens during the middle phase. It teaches patience, presence, resilience, hard work and steady progress. The saying reminds people to value daily efforts instead of thinking only about the starting point or the final result.

7 Aug 2026 9:43 pm
White House adviser declines to link Russia sanctions bill with India trade talks

A proposed US sanctions bill targeting Russian oil buyers could affect trade talks with India. White House officials stated negotiators will decide any impact on ongoing discussions. Senators are advancing legislation that could impose tariffs on countries buying Russian energy. This measure aims to curb revenues supporting Russia's military actions in Ukraine. India and the US continue trade negotiations despite evolving tariff structures.

7 Aug 2026 9:42 pm
Code Name Silver: The Indian spy who played 5 sides in World War II

Known by the British codename Silver, Talwar operated across German, Italian, Soviet, British and Japanese intelligence networks while maintaining links to Indias freedom movement. His shifting loyalties, including his work for British intelligence under Peter Fleming, have made his legacy controversial.

7 Aug 2026 9:37 pm
Bengaluru bachelor reveals he spent Rs 12 lakh in 2 years on living expenses

A Bengaluru resident spent approximately twelve lakh rupees over two years. His monthly expenses as a bachelor in the city reached nearly fifty thousand rupees. Rent constituted a significant portion of his monthly budget, amounting to twenty-eight thousand rupees. Food and daily expenses added another twenty-two thousand rupees to his monthly outgoings. This highlights the substantial cost of living for individuals in India's technology hub.

7 Aug 2026 9:31 pm
Raymond Realty Q1 net profit falls 19 pc to Rs 13.43 cr on higher expenses

Raymond Realty experienced a 19% drop in profit for the quarter that ended in June, primarily due to increased operational costs that affected net earnings. Despite this, the total income rose to Rs 535.71 crore year-on-year. Moreover, the company reported impressive sales bookings of Rs 700 crore in the first quarter of FY27, representing a substantial increase from Rs 306 crore during the same period last year.

7 Aug 2026 9:27 pm
PFRDA approves 4 new pension funds, total count rises to 14; targets 35-40 crore NPS subscribers in 5 years

Pension funds collect and invest money contributed by employees and employers to build a large financial pool with an endeavour to pay regular income streams to workers after they retire.

7 Aug 2026 9:10 pm
Assam CM inaugurates digital survey training prog for flood assessment

Assam Chief Minister Himanta Biswa Sarma has unveiled a new digital survey training program aimed at accurately assessing flood damage across four districts. Starting on August ninth, trained surveyors will carry out digital evaluations, with a comprehensive two-stage verification process ensuring reliable data by September tenth. This initiative lays the groundwork for structured rehabilitation efforts following the assessment.

7 Aug 2026 9:10 pm
Tommy Detamore dies suddenly at 70, wife pays heartfelt tribute

Country music mourns Tommy Detamore, a respected pedal steel guitarist and producer. His wife confirmed his passing at the age of seventy on Wednesday, August 5. Detamore shaped country music's sound for over four decades with his collaborations. He worked with legendary and contemporary artists, influencing new generations. His legacy will continue through the music and recordings he helped create.

7 Aug 2026 9:01 pm
PFRDA approves 4 new pension funds to join NPA system

The Pension Fund Regulatory and Development Authority has approved four new pension funds. This expansion brings the total number of available pension funds to fourteen. Subscribers to the National Pension Scheme can now choose from these additional investment options. The authority aims to significantly increase non-government NPS subscribers over the next five years.

7 Aug 2026 8:57 pm
Psychology says sharing embarrassing stories often builds trust faster than sharing achievements

Reaching a major goal can bring a deep sense of pride and accomplishment, but that feeling is often short-lived. Steady progress, on the other hand, creates ongoing opportunities to build confidence, maintain motivation, and cultivate hope. By acknowledging and celebrating small wins along the way, we can lift our mood, reinforce positive habits, and stay inspired to pursue our bigger goals.

7 Aug 2026 8:54 pm
GeM crosses Rs 20 lakh crore procurement milestone

India's GeM portal has facilitated over twenty lakh crore rupees in procurement. This platform has seen millions of sellers and enterprises participate actively. Micro and small enterprises now hold over forty percent share on GeM. The number of registered sellers has significantly increased over the years. These enterprises have fulfilled substantial orders, contributing to the portal's success.

7 Aug 2026 8:53 pm
Sweden backs India's permanent UNSC seat, sees defence manufacturing as next big chapter in bilateral ties

Outgoing Swedish Ambassador Jan Thesleff supports India's permanent UNSC membership bid. He emphasized defense manufacturing and innovation as key partnership pillars. Swedish companies are increasing manufacturing facilities in India under Make in India. The bilateral relationship has evolved significantly over recent decades. Both nations advocate for a rules-based world order and diplomacy.

7 Aug 2026 8:52 pm
US appeals court blocks Donald Trump's $400 million White House ballroom project

A federal appeals court has ordered the Trump administration to stop White House ballroom construction. The court upheld a preliminary injunction against the $400 million project. This ruling tests the presidential authority of Donald Trump. The administration must now seek congressional authorization for the ballroom. The court placed its ruling on hold for fourteen days.

7 Aug 2026 8:49 pm
Donald Trump's attorney general pick clears key hurdle as GOP senator backs Blanche

Senator Bill Cassidy will support Todd Blanche's nomination for attorney general. This decision likely ensures Blanche's confirmation to lead the Justice Department. Opposition from two other Republicans had previously cast doubt on the nomination. Concerns centered on a settlement involving tax audit immunity and a proposed fund. Cassidy stated his vote was a specific decision regarding Mr. Blanche.

7 Aug 2026 8:49 pm
India amends FDI rules to boost e-commerce for small businesses, artisans, farmers, and fishermen: Union Minister Piyush Goyal

India has amended foreign direct investment regulations to boost e-commerce trade. These changes will help small businesses, artisans, farmers, and fishermen access wider markets. BRICS ministers discussed enhancing trade, investment, and industrial cooperation among member nations. Discussions also focused on creating jobs through emerging technologies like artificial intelligence. India aims to leverage e-commerce for connecting small-scale products with vast global markets.

7 Aug 2026 8:48 pm
Psychology says making progress, even small progress, can improve mood more than reaching a goal

Psychology says us that happiness is not reserved only for life's biggest achievements. Our minds are remarkably responsive to movement, growth and evidence that today's efforts are making tomorrow possible.

7 Aug 2026 8:40 pm
Spain threatens retaliation on Italy if border controls not lifted

Spain has threatened reciprocal measures against Italy over border controls. Rome imposed these checks after a migrant influx into the Spanish enclave of Ceuta. Spain called Italy's decision unjustified and discriminatory against its population. Italy justified its move to prevent migrants from reaching its territory. The dispute highlights differing migration policies between the two EU allies.

7 Aug 2026 8:39 pm
I gave up on having kids while Im at Meta: Employee says layoff fears derailed family plans, internet erupts

An anonymous Meta employee has gone viral after revealing that fears of future layoffs have made her postpone having children. In a candid post on Blind, she said the lack of job security, shifting company priorities and uncertainty about returning from maternity leave have left her unwilling to start a family. The post sparked a wider online debate about how instability in the tech industry is influencing major life decisions, including marriage and parenthood.

7 Aug 2026 8:37 pm
RBI rejects Religare's proposal for demerger

Religare Enterprises' demerger plan has been rejected by the Reserve Bank of India. The company received official communication regarding the rejection on August 6, 2026. Religare Finvest Ltd also received a similar communication from the regulator. However, stock exchanges have provided their no objection and observation letters. The company will engage with the regulator for further clarifications.

7 Aug 2026 8:32 pm
RBI proposes leverage ratio buffer for G-SIB branches

The Reserve Bank of India has proposed new leverage ratio requirements for banks. Globally systemic important banks will face a minimum 3.5% ratio plus a buffer. Domestic systemically important banks will continue with their 4% ratio mandate. Other commercial banks will maintain the existing 3.5% leverage ratio. These proposals align with the Basel Committee on Banking Supervision's framework.

7 Aug 2026 8:16 pm
Loans against FCNR B deposits exempt from priority sector

The Reserve Bank of India has announced an exemption for loans against specific foreign currency deposits, particularly fresh FCNR(B) and NRE term deposits. This strategic shift ensures these loans will not factor into the mandatory priority sector lending requirements. Such measures have notably enhanced foreign exchange inflows. Additionally, there is a special facility available for banks to swap these deposits with the RBI.

7 Aug 2026 7:49 pm
9 IPOs get Sebi approval as primary market pipeline gathers pace

Sebi has approved IPOs of nine companies spanning engineering, travel technology, gaming, drones, paper, renewable energy and digital platforms. The approvals strengthen Indias IPO pipeline, with firms including Laxyo, Garuda Aerospace, PlaySimple Games, Rediff.com and Jakson Green preparing to list.

7 Aug 2026 7:49 pm
NBFC gold jewellery loans jump 69 pc in June, fastest across segments: RBI data

Non-Banking Financial Company gold loans surged significantly by June 2026. Retail credit remained the primary driver for NBFC lending growth. Housing and vehicle loans also showed robust expansion during this period. Agriculture credit accelerated sharply, while industrial sector growth slowed down. Services sector lending moderated as trade and transport operators expanded credit slower.

7 Aug 2026 7:36 pm
SBI Chairman Setty rules out asset quality stress in Q1, says seasonality distorts sequential NPAs

State Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupees, marking significant growth for the bank. Asset quality indicators showed marked improvement year-on-year, with GNPA declining. The bank maintained its full-year credit growth guidance at fourteen to fifteen percent. SBI is deploying Responsible AI Policy to enhance cybersecurity and operational efficiency.

7 Aug 2026 7:33 pm
Sebi cuts inspection load for market intermediaries, shifts focus to risk-based checks

Sebi has overhauled its inspection framework, reducing FY27 inspections to about one-third of last years level. The regulator will prioritise risk-based, joint inspections using alerts, complaints and market intelligence while easing compliance burdens for well-governed market intermediaries.

7 Aug 2026 7:32 pm
SBI Q1 profit beats estimates on strong loan growth, asset quality

SBI reported a 10% rise in Q1 net profit to Rs 21,121 crore, beating estimates on robust loan growth and higher net interest income. Improved asset quality, lower bad-loan provisions and strong credit demand offset weaker treasury income and slightly lower margins.

7 Aug 2026 7:23 pm
Muthoot Microfin awaits RBI response before raising ECB

The Kochi-based microfinance company received sanction letters from overseas investors in January and it has time till September to draw down the funds.

7 Aug 2026 6:37 pm
Ola Electric Q1 Results: Loss narrows to Rs 336 crore; revenue falls 45% YoY

Ola Electric reported a narrower Q1 loss of Rs 336 crore as deliveries nearly doubled sequentially and revenue rebounded 72% from Q4. Improved market share, lower operating costs and progress in battery manufacturing supported the company's operational turnaround despite year-on-year revenue decline.

7 Aug 2026 4:57 pm
Aurobindo Pharma among 8 stocks hitting 52-week highs; surge up to 20% in a month

Eight stocks from the BSE 200 index hit fresh 52-week highs, reaching their highest price levels in the past year, indicating strong investor interest, and potential upward momentum in the share price.

7 Aug 2026 4:50 pm
Fossil Group is said to invite banks for India unit IPO

Fossil Group Inc. is exploring an initial public offering for its India business. This potential listing could raise as much as $300 million. The US-based company may sell up to a 25% stake in Fossil India. This move follows other multinationals seeking value from their Indian operations. The offering is anticipated to occur early in the coming year.

7 Aug 2026 4:38 pm
Vikram Solar Q1 net profit declines 85 pc to Rs 20 cr

Vikram Solar experienced an astonishing 85 percent drop in profits for the June quarter, primarily attributable to increased expenses. On a positive note, the company's revenue from operations showed a healthy uptick during this period. In a strategic move, Vikram Solar has also greenlit the expansion of its wafer and ingot manufacturing facility, expected to be operational by fiscal year 2029.

7 Aug 2026 4:38 pm
Lupin Q1 PAT rises 16 pc at Rs 1,417 cr

Lupin Ltd has reported a remarkable sixteen percent surge in profit after tax for the first quarter, showcasing their continued success. The firm experienced considerable growth in consolidated total revenue from operations, largely driven by a staggering forty-two percent increase in sales in the US market. Moreover, sales in India rose nearly fourteen percent, reflecting strong domestic demand.

7 Aug 2026 4:36 pm
Premier Energies Q1 Result: Profit jumps 53% to Rs 472 crore

Premier Energies reported remarkable growth, with profits soaring more than 53% in the latest quarter. The uptick in revenue can be attributed to robust demand across vital business sectors. The company has made significant strides in enhancing manufacturing, particularly in solar cells and modules. Moreover, plans are underway for new facilities to further elevate production capacities, as Premier Energies invests in expanding its solar initiatives and diversifying into new markets.

7 Aug 2026 4:31 pm
JK Tyre & Industries Q1 Results: Net profit tumbles 73% at Rs 44.09 crore

In the first quarter of FY27, JK Tyre & Industries reported a staggering 73 percent decline in profits, primarily due to soaring raw material prices linked to the West Asia crisis. Their consolidated net profit plummeted to Rs 44.09 crore from Rs 163.35 crore year-on-year, even as revenue rose to Rs 3,946.24 crore. Notably, domestic volumes surged by 25 percent in both replacement and OE segments.

7 Aug 2026 4:29 pm
Arvind SmartSpaces Q1 Results: Profit zooms 8-fold to Rs 97 crore

In the June quarter, Arvind SmartSpaces achieved remarkable results with an eight-fold rise in net profit. The company's total income surged to Rs 322.02 crore, while sales bookings more than doubled to Rs 432 crore. This exceptional performance stemmed from robust pre-sales and overall income growth, solidifying the firm's position as a leading player under the Lalbhai Group from Ahmedabad.

7 Aug 2026 4:27 pm
Bectors Food Q1 Results: Profit rises 25.5% to Rs 38.76 crore

In the June quarter, Mrs Bectors Food Specialities reported a notable 25.53 percent increase in net profit. Their operating revenue surged by sixteen percent to reach Rs 548.75 crore, bolstered by a 19 percent growth in the biscuit sector and a remarkable 40 percent rise in the bakery segment. Additionally, the EBITDA margin saw an improvement of eighty basis points, reaching 13.1 percent.

7 Aug 2026 4:23 pm