The Economic Times

Nitin Sharma, an MBA dropout from Pune, developed a waterless car cleaning method to address water scarcity. His eco-friendly venture now saves significant water daily and generates substantial revenue. Sharma invested personal savings and mortgaged jewelry to fund his innovative business idea. After years of research, he created a plant-based cleaner that protects car paint effectively. This sustainable business model proves that environmental consciousness can be highly profitable.

India's primary energy import dependence has decreased to forty-two percent by FY25. Crude oil imports still meet nearly ninety percent of domestic demand. Natural gas import dependence has increased to about fifty percent. Coal import dependence has fallen to around eighteen percent due to production. Energy security requires clean energy and domestic production for resilience.

ixigo's group CEO Aloke Bajpai sees hotels as the company's fastest-growing segment. The company is poised to lead the mid-market hotel segment in four to five years. Brevistay acquisition strengthens ixigo's flexible and short-stay accommodation offerings. Hotels are achieving critical mass, supported by a large existing user base. ixigo targets winning the mid-market and budget hotel segments as an online travel agency.

The government will likely not sell more LIC shares for eighteen to twenty-four months. LIC has until 2032 to meet minimum public shareholding norms. The company recently saw a 6.5 percent stake sale well received by markets. LIC achieved ten percent public float ahead of its May 2027 deadline. The insurer reported a twenty-three percent profit increase and premium income growth.

India has dismissed claims regarding United States ethanol imports for fuel blending. All ethanol procurement for the blending program is sourced domestically by India. No concessions or commitments were made to the US for ethanol imports. Reports suggesting a policy shift allowing large-scale imports are misleading. India's fuel blending program adheres strictly to domestic policy requirements.

How to build confidence in yourself when you seem to have none? In an old interview, tennis player Venus Williams explained how, when you are being overwhelmed by self-doubt, it is good to make an attempt to believe in yourself.

India's finance minister announced plans to streamline customs tariffs, aiming for a significant overhaul by the fiscal year 2027-28. This move is expected to simplify trade procedures and potentially boost economic activity by making imports and exports more predictable and cost-effective for businesses across various sectors.

The company said the production demonstrates The Netflix Effect by generating employment, supporting local businesses, advancing creative technology and investing in talent.

Brazil's Industry Minister urged India to jointly defend multilateralism and the WTO. He highlighted the need to counter unilateral tariff impositions by the United States. Brazil seeks to diversify export markets, with India being a key priority. Brazilian companies are also keen to invest in Indian energy and infrastructure projects. Cooperation on fertilizer supply and green ammonia for agriculture is also sought.

Life lesson quote by Friedrich Nietzsche serves as a reminder that life is not measured by a single day, a single achievement, or a single failure. Instead, it is defined by the courage to keep growing, the wisdom to remain patient, and the determination to stay true to one's values throughout the journey. When success is built on character, perseverance, and continuous self-improvement, today's genuine laughter becomes the foundation for tomorrow's enduring fulfillment, proving that the most me

Japanese Mindset: Japanese philosophy introduces Honne and Tatemae, a nuanced balance between inner truths and social harmony. Honne refers to ones authentic sentiments, while Tatemae embodies the outward persona presented to society. This dualistic approach emphasizes politeness and strives to avert conflict, fostering interaction based on empathy rather than deception. Ultimately, embracing this philosophy cultivates respectful connections that enhance interpersonal relationships.

Primary steel producers expect steady operating profitability this fiscal year. Higher global steel prices and safeguard duties will support profit margins. Domestic steel demand is projected to grow between five and seven percent. This growth will be driven by infrastructure and other key sectors. Strong demand and steady profits will strengthen cash accruals for companies.

Domestic coal supply for the power sector remained comfortable during July. Total coal stocks reached approximately 148 million tonnes, sufficient for 62 days. Production and despatches saw robust growth, supporting this comfortable supply situation. Coal receipts at thermal power plants also registered significant year-on-year growth. The ministry remains committed to ensuring uninterrupted energy security for the nation.

Mexican Proverb of the Day:A thought-provoking Mexican proverb encapsulates the essence of our shared humanity while acknowledging the uniqueness of each individual. It teaches that achieving equality doesn't imply being the same, advocating for a heartfelt respect for the diverse journeys people undertake. This adage remains a powerful call for fostering acceptance and inclusivity in todays richly varied societies.

PNB Housing Finance anticipates its new micro-housing loan business will reach Rs 100 crore AUM. The company expects disbursements to accelerate now that policies and training are finalised. Leverage is projected to increase to nearly six within three years for organic growth. Funding costs remain stable, with potential for slight softening in market conditions. Construction finance lending has restarted conservatively, focusing on select cities and developers.

Psychology ultimately reminds us that human behavior is flexible rather than fixed. Walking speed should be viewed as one small clue within a much larger picture.

Mohan Bhagwat stated protest is a democratic dialogue tool for consensus building. He acknowledged Gen Z's genuine concerns and their desire for reasoned explanations. Bhagwat cautioned against social media misuse and emphasized individual responsibility for technology. He advocated for self-regulation and societal involvement in social media use. Increased public spending on education and entrepreneurship were also highlighted.

Quote of the Day by Audrey Hepburn: Audrey Hepburns quote, I don't want to be alone, I want to be left alone, explores the importance of personal space, independence, and emotional balance. The quote suggests that seeking solitude does not always mean feeling lonely or disconnected, but rather represents the need for privacy, self-reflection, and moments of peace away from external pressures. It highlights that healthy boundaries and time for oneself are essential for personal well-being, while

Today's Irish Proverb of the Day brings timeless wisdom that still fits modern life: He who is not strong must be clever. This powerful Irish saying reminds us that intelligence, resilience, and smart thinking often achieve what force cannot. Discover its deeper meaning, inspiring life lessons, and why this ancient Irish proverb continues to guide success, confidence, and everyday decision-making.

India's overall fuel demand saw a 2.9% increase in July compared to last year. Gasoline consumption climbed 9.2%, while diesel usage rose by 10.0% during the same period. Naphtha and cooking gas sales experienced a notable decrease in July. Bitumen sales for road construction showed an 8.5% increase. Fuel oil use also edged up significantly by 29.7%.

Dabur India is contesting the FSSAI's recent prohibition on products boasting '100% pure' claims, joining numerous other companies that have similarly sought legal redress against the food regulator. These businesses argue that their labeling adheres to existing Indian laws. The FSSAI has imposed bans on various products due to alleged misleading representations, with spirits brands also facing penalties for opting for artificial flavoring over traditional aging methods.

The extended GTA 6 showcase will premiere on Netflix hours before hitting YouTube, while fans await fresh updates from Take-Two's earnings call.

Prime Minister Modi and Israeli PM Netanyahu discussed bilateral progress and a new investment agreement. This agreement, effective Saturday, aims to boost investment and protect investors. It allows three years for local dispute resolution before international arbitration. The leaders reaffirmed their commitment to strengthening cooperation across various sectors. They also exchanged views on recent developments in West Asia and agreed to stay in touch.

President Trump privately indicated support for JD Vance's 2028 presidential aspirations. He told donors he wants to see his vice president win the election. Advisers suggest Trump still weighs Vance and Marco Rubio for succession. Vance has not confirmed his plans and awaits his fourth child's birth. The midterms will significantly influence Republican challengers and potential endorsements.

A dedicated dental office administrator learned of her impending termination. The employee discovered this after training her own replacement for the position. The boss had secretly hired someone new to take over her duties. This betrayal occurred without any prior warnings or performance discussions. The employee felt discarded despite years of loyal service.

India marked a significant milestone by successfully test-launching the Agni-IV missile from Chandipur, Odisha. This advanced two-stage missile, capable of covering distances up to 4,000 km, can carry both nuclear and conventional warheads. Since its original trial in 2010, multiple flight assessments have confirmed its operational readiness, as validated by the Strategic Forces Command, demonstrating the nations advancing missile technology.

At the same programme, the Chief Minister also disbursed Rs. 15.86 crore via DBT to 793 flood-affected schools across Sivasagar, Charaideo, Jorhat and Golaghat and launched financial assistance of over Rs. 4.26 crore from the CMRF for 21,025 students in Sivasagar and Charaideo to purchase educational materials after the recent floods. Of the amount, Rs. 11 crore have been allocated to 550 schools of Sivasagar, Rs. 2.22 crore to 111 schools, Rs. 2.06 crore to 103 schools of Jorhat and Rs. 0.58 cr

Iran issued serious warnings to Gulf neighbors about regional blackouts. This threat came after the United States considered striking Iranian power plants. Iran communicated that its power plants would be met with similar strikes. The message included a list of potential targets like power and desalination facilities. These events follow heightened tensions and prior retaliatory threats.

Bihar signed MoUs worth Rs 51,600 crore with industrial groups on Thursday. These agreements span nuclear energy, steel, and textile sectors for growth. Global Renewable Advanced Clean Energy proposed a significant nuclear energy project. The government aims to boost industrial development and create employment opportunities. Preparations for Bihar Business Connect 2026 are also underway.

Monsoon rains have caused 64 deaths and Rs 797 crore in losses across Himachal Pradesh. One hundred twenty roads remain closed, and many water supply schemes are disrupted. The Hindustan-Tibet road was reopened after a significant landslide in Kinnaur. Moderate to heavy rain continues, with a yellow alert issued until August 12. Manali and Dharamshala recorded significant rainfall in the past 24 hours.

Etsy is reducing its global workforce by approximately twelve percent. This significant restructuring impacts around two hundred twenty employees, primarily in Product and Engineering. The company's CEO stated these decisions were not driven by cost-cutting or artificial intelligence. This move follows strong second-quarter financial results and a raised full-year guidance. Affected employees will receive comprehensive severance packages and healthcare support.

Telecom operators faced a Rs 1.9 crore penalty for service quality breaches in FY26. The Telecom Regulatory Authority of India imposed these financial disincentives after reviewing non-compliance explanations. BSNL received the highest penalty of Rs 57.5 lakh for flouting norms. Airtel and MTNL were fined Rs 48 lakh and Rs 37 lakh respectively. Vodafone Idea and Reliance Jio also faced penalties for their service quality.

India's government has clarified trade pact negotiations with the US. No concessions were made regarding ethanol imports for fuel blending. Media reports suggesting policy changes are baseless and factually incorrect. India's ethanol blending program sources fuel exclusively from domestic producers. Therefore, large-scale US ethanol imports for blending are not planned.

The groups edible oil arm, Emami Agrotech Ltd will set up the factory with the company having already expanded into staples such as atta, spices, besan, soya chunk and suji, and has just made a foray into western and traditional packaged snacks manufactured through its own and contract manufacturers located in multiple areas. The proposed factory will consolidate all manufacturing in one area.

Samvardhana Motherson International posted a 101.64% profit rise in the first quarter. Revenue from operations increased by 16.65% to Rs 35,243.77 crore last quarter. EBITDA grew 30.44% year-on-year, and the company operationalized three new plants. It also announced the acquisition of Shenzhen Autocruis to strengthen technological capabilities. The company's balance sheet remains strong with leverage at its lowest-ever level.

Quote of the day by Perez Hilton serves as an inspiring reminder that perfection is neither realistic nor necessary. What truly matters is embracing the process, remaining open to change, and committing to continuous personal development. By choosing progress over perfection, people create lives filled with authenticity, resilience, purpose, and lasting fulfillment, proving that the greatest achievement is not becoming perfect but becoming better with every passing day.

CRPF suicides hit a five-year high of 59 in 2025, with constables most affected. Most deaths occurred while personnel were actively on duty, sources indicated. Home issues combined with service rigors are largely linked to these tragic incidents. Over 281 personnel took their lives between 2021 and July 2026. The force is implementing measures for troop physical and mental well-being.

US worker productivity saw a stronger than anticipated 1.4% rise last quarter. This growth follows a revised 0.8% increase in the prior period. Businesses investing in artificial intelligence are expected to drive further productivity gains. Unit labor costs also increased at a slower pace than economists predicted. This trend suggests AI may help keep wage inflation contained.

Artificial intelligence is rapidly transforming industries and changing employer demands. Companies now seek professionals combining AI expertise with business and domain knowledge. Universities are adapting by offering new industry-aligned AI programs globally. India is also witnessing this shift with institutions strengthening AI education. These programs prepare graduates for leadership in the evolving intelligence economy.

Today's Top Quote of the Day by Jensen Huang, Tim Cook and Jeff Bezos: In an era defined by rapid technological disruption and shifting economic paradigms, leadership is tested not by standard playbooks, but by foundational philosophy. Few figures exert as profound an impact on modern commerce, technology, and global culture as Jensen Huang, Tim Cook, and Jeff Bezos. Managing enterprises that drive artificial intelligence, personal computing, and global infrastructure, these leaders offer far mo

Suriya and Jyotika discussed their wellness routines and dietary habits during a recent interview. Jyotika prioritizes strength training and completes pull-ups, while Suriya focuses on functional training and flexibility. Their fitness trainer advised Jyotika that strength matters more than appearance. Mammootty's advice to Suriya emphasized portion control and adequate sleep for balance. The couple maintains healthy living through small, mindful daily habits.

Jonathan Taylor has signed a significant contract extension with the Colts. This new deal secures the star running back for two additional seasons. The agreement includes substantial guaranteed money, showing team commitment. Taylor is now closer to becoming the franchise's all-time leading rusher. This move highlights the Colts' aggressive offseason spending strategy.

Spain's sports minister expressed confidence the 2030 World Cup final will be in Spain. She stated Spain deserves to host the title game due to its strengths. FIFA denied reports that the final was awarded to co-host Morocco. The Spanish government was surprised by the news but noted FIFA's denial. Spain will continue working with FIFA to secure the World Cup final.

UN human rights experts have called on Iran to halt the increasing arbitrary detentions and executions that particularly impact Kurdish and Baluch minorities. Since the outbreak of protests, thousands have been detained, facing serious security charges. The rate of executions has surged, with members of these minorities disproportionately at risk, as they are often labeled as threats to national security.

West Bengal will distribute seventy lakh national flags for the Har Ghar Tiranga campaign. The state joins the central initiative for the first time this year. Government buildings and heritage structures will be illuminated with flag colours. A Tiranga Rally is planned in Kolkata on August tenth. The campaign aims to promote patriotism and national unity among citizens.

Chinese authorities arrested activist Zhang Yi in Tibet on July 28. He faces charges of inciting separatism after displaying a Dalai Lama photo. Amnesty International criticizes Beijing for suppressing peaceful expression and religious freedom. The organization calls for Zhang's immediate and unconditional release. They also urge access to family and a lawyer for the activist.

European Proverb of the day: A bird is known by his note and a man by his talk explains how speech can reveal thoughts, values, honesty and character. The proverb compares a bird's sound with a person's words. It teaches people to speak with care because communication can show their nature, beliefs and way of treating others.

Psychology says people touch their faces for far more reasons than nervousness alone. While face touching may sometimes accompany stress or uncertainty, it can also appear during concentration, routine habits or moments of thoughtful reflection. Instead of treating one gesture as a reliable clue about someone's emotions, psychologists encourage looking at the broader situation before drawing conclusions.