The Economic Times

Apple introduced Siri AI, a new AI-powered personal assistant integrated with Apple Intelligence capabilities that can understand personal context, analyze on-screen content, search the web, understand images and complete tasks across apps.

Proverb of the day explores the saying No man is a hero to his woman and its lessons on love, relationships, marriage, acceptance, and human nature. The proverb explains how familiarity removes the image of perfection and reveals a persons real character. It teaches that lasting relationships are built on understanding, trust, emotional intimacy, and acceptance rather than admiration from a distance or idealized expectations.

Apple unveiled a suite of new child safety and parental control features at WWDC26. These updates enhance device setup, introduce Ask to Browse for Safari, expand communication controls, and overhaul Screen Time with Time Allowances and customizable schedules. The new tools aim to give parents greater oversight over their children's online activities and device usage.

Apple is launching Apple Intelligence, bringing AI to its devices. New features will enhance Photos, Safari, and communication apps. Users can expect smarter editing tools, automatic tab organization, and proactive suggestions. Password management and home automation are also getting an AI boost. These updates are expected to roll out later this year.

Life Advice of the Day by Thomas Edison highlights a common human habit. The quote says, The trouble with most people is that they quit before they start. It focuses on fear, doubt, and hesitation. The message encourages people to take the first step instead of giving up before trying. Thomas Edisons own life shows how effort, learning, and persistence can help people move toward success and achieve long-term goals.

Apple unveiled Siri AI at WWDC26, a significant overhaul powered by Apple Intelligence. The new Siri understands personal context across apps and devices, offers web-based real-time answers, and integrates Visual Intelligence for on-screen and real-world analysis. Writing assistance is also enhanced, with the AI capable of drafting, rewriting, and proofreading content.

Apple unveiled its next AI phase at WWDC26 with an upgraded Siri powered by Apple Intelligence, focusing on privacy and cross-app functionality. New features enhance Photos, Safari, and Mail, alongside expanded parental controls and child safety measures. Performance improvements and design refinements are also coming to iPhone, iPad, Mac, and other Apple devices.

Life advice of the day by Henry David Thoreau: His quote emphasizes the power of individual initiative. He suggests that those who act independently can start their journeys immediately, while those who rely on others must wait for collective readiness. This encourages taking the first step to build momentum and achieve personal growth, even if it means moving forward alone.

Apple has announced its biggest AI advancements at WWDC 2026. A completely redesigned Siri will understand context and perform actions across apps. Apple Intelligence receives a major upgrade, powering new features for writing, image generation, and more. Enhanced child safety tools are also introduced.

As per RBI data, bank deposits stood at ?256.9 lakh crore as of May 15, 2026, registering a year-on-year growth of 12.2% - well above the 10% growth recorded in the corresponding period last year - with time deposits leading the charge, rising 12.3% to ?225.2 lakh crore and accounting for 87.7% of total deposits.

Indian Railway Catering and Tourism Corporation is now cooking meals inside moving trains. This practice was stopped earlier but has resumed using electric induction stoves. The company is also using induction cookers at major stations. This change is due to a significant shortage of commercial LPG cylinders. The disruption has impacted IRCTC's financial performance.

The meeting, coming just over a month after the BJP stormed to power in West Bengal for the first time, also dwelt on improving the credit availability across various sectors in the state and bolstering the implementation of central government schemes there, the finance ministry said in a statement.

Grasim Industries will invest 3,094 crore to expand its Lyocell plant in Harihar, Karnataka. This expansion will significantly boost its advanced fibre capabilities. The project will add 110,000 tonnes capacity, making Grasim a global leader in sustainable man-made cellulosic fibres. The plant's first phase is set for commissioning by mid-2027, with the second phase to follow in 2028 and 2030.

Recent reports suggest that Tiger Woods and Vanessa Trump are not on the verge of a breakup despite facing major personal challenges. Woods continues to focus on recovery following legal troubles and ongoing health concerns, while Trump is undergoing treatment after publicly revealing a breast cancer diagnosis. Sources close to the couple say they maintain a strong emotional connection and regularly communicate to support one another.

RBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity ratio against those deposits would save around 300 basis points of operational cost for banks, senior bankers said. I have told our team to raise FCNR-B rates by 150 basis points to start with. We can increase rates up to 200 basis points , Canara Bank managing director Brajesh Kumar Singh told ET.

The Rajasthan High Court has ruled that toll collection rights are taxable. These rights are considered payment for highway construction services provided to the National Highways Authority of India. The court rejected arguments that toll collection is exempt from GST. This decision could impact public-private infrastructure projects. Tax authorities can now demand GST, interest, and penalties.

Global oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Prices are expected to fall sharply once traffic resumes. The market anticipates a surplus from September. This is driven by West Asian production recovery, strong non-OPEC growth, and potential OPEC output increases.

George Orwell, born Eric Arthur Blair in Motihari, British India, became a celebrated British writer. His classics, Animal Farm and 1984, remain influential. Orwell's life included service in India and experiences in the Spanish Civil War. He married twice and adopted a son. His predictions about surveillance in 1984 proved remarkably accurate.

Vegas Group has acquired a significant land parcel in Dwarka, New Delhi. The joint venture plans to develop a large mixed-use project. This development will include a mall, offices, hotels, and serviced apartments. The project is expected to boost the region's growth and meet existing demand for commercial spaces. Investment in this venture is projected to be substantial.

Kumar Shanker is the new managing director of Indraprastha Gas. He takes over from Kamal Kishore Chatiwal. Shanker is a chemical engineer with over three decades of experience at GAIL. Previously, he led Maharashtra Natural Gas Ltd. IGL is a joint venture between GAIL and BPCL. The Delhi government also holds a stake in IGL.

India's aviation market presents significant long-term opportunities. Air India is poised to benefit from this growth. Demand for premium leisure travel is rising globally and in India. Star Alliance members are adapting to this trend. Air India's transformation is progressing well with Star Alliance support.

India and the US are set to finalize the first phase of their trade agreement soon. This move is contingent on the conclusion of ongoing Section 301 investigations by the US. Meanwhile, discussions with the UK on their free trade agreement are advancing well. Outstanding issues, including Britain's steel safeguard measure, are being addressed.

In a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GMLs), number of customers, international gold suppliers as well as portfolio size, quantum of collateral and numbers of borrowers, two persons told ET.

Quote of the Day by Groucho Marx highlights a humorous view of marriage, relationships, and human nature. The famous line, I was married by a judge. I should have asked for a jury, uses comedy to discuss commitment, decision-making, and personal choices. The quote remains relevant today because it encourages people to think about relationships, expectations, and the consequences of important life decisions.

Irish proverb of the day: An Irish saying offers a fresh perspective on aging. It suggests that growing older is a privilege many never experience. Instead of fearing changes, embrace the wisdom and opportunities that come with each year. This outlook fosters appreciation for life's journey.

Ingredion is set to acquire Tate & Lyle for 2.7 billion pounds, approximately 3.6 billion dollars. This deal marks the end of Tate & Lyle's nearly century-long presence on the London Stock Exchange. The US company is offering 595 pence in cash per share. Investors may also receive up to 20 pence per share in dividends.

Sir Dorabji Tata Trust trustees met Monday for routine matters. A petition questioning a 1989 Tata Sons share transfer to Noel Tata's father was not discussed. Tata Trusts denied allegations of impropriety, calling them baseless. The trusts are facing scrutiny over past transactions. This follows a previous order restraining the Sir Ratan Tata Trust from meetings.

Road builders are asking the government to set fixed rates for bitumen and fuel. This is for highway projects currently up for bidding. They warn that current price differences could lead to unfair bidding and delay projects. The industry believes this will ensure transparent and fair competition. It aims to protect the financial health of these crucial infrastructure developments.

Solar module makers face challenges with local cell sourcing rules. They report a significant gap between module manufacturing capacity and domestic cell availability. While module capacity stands at 225 GW, domestic cell capacity is only around 30 GW. Cell manufacturers counter that current demand is met and future capacity will suffice.

Indian sports bars and restaurants anticipate lower customer numbers for the 2026 FIFA World Cup. Unfavorable match timings, with late-night and early-morning kick-offs, are expected to limit group viewings. Venues are seeking extended operating hours to accommodate some games. Analysts predict a shift towards highlights and delayed viewing rather than live broadcasts for overnight matches.

India will continue exporting key products like fish and honey to the European Union. New EU regulations, effective September, allow these exports. This is a significant development for India's fisheries sector, with exports to the EU valued at $1.59 billion. India has worked to meet these enhanced requirements, ensuring continued market access.

The Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge their foreign currency borrowings. The facility will be available at a fixed cost of 1.5% per annum. This initiative is expected to encourage significant inflows into the FCNR-B window.

A new scheme, BHAVYA, worth 33,660 crore, will develop 100 industrial parks across India. This initiative aims to attract investments and create jobs. The scheme will be implemented in phases, with the first phase considering applications received by July 31. States will compete by submitting project proposals. The goal is to build world-class infrastructure and boost manufacturing.

Chief economic adviser V Anantha Nageswaran calls for Comptroller and Auditor General of India audits for Panchayati Raj institutions. This aims to boost transparency and create essential data for State Finance Commissions. Current data gaps hinder effective policy guidance. Uniform accounting heads are also proposed for better fiscal accountability of states.

The government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceeding 7.5 lakh without requiring collateral. Discussions are underway between the Finance and Education ministries. The enhancement is expected to boost credit flow to the education sector.

India's ambitious V2X deployment faces a major hurdle as telecom operators, tech firms, and auto bodies clash over control. Disagreements over licensing, spectrum, and mandatory testing threaten to delay the life-saving technology aimed at reducing road fatalities. Stakeholders are divided on how to best manage this critical road safety ecosystem.

Football fans gear up for the World Cup. France, a top contender, seeks a third championship. Norway enters the tournament with star striker Erling Haaland. Senegal, making its third consecutive appearance, faces a dispute over its African champion status. Iraq returns to the World Cup after a long absence. The tournament promises exciting matches and potential upsets.

The Bombay High Court has cancelled spectrum charges of approximately 23,600 crore rupees for Bharti Airtel and Vodafone Idea. The court ruled the government could not retrospectively impose these charges for the period between 2008 and 2012. This decision removes significant financial uncertainty for the telecom sector. It creates a more supportive environment for future investments in India's telecommunications industry.

President Droupadi Murmu presented gallantry awards to defense personnel. Seven Kirti Chakras, 15 Vir Chakras, and 29 Shaurya Chakras were awarded. These honors recognize exceptional courage and dedication. Air Commodore Prasanth Balakrishnan Nair and Navy officers Lt Commander Dilna K and Lt Commander Roopa A were among the recipients. Prime Minister Narendra Modi attended the ceremony.

The Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This initiative, featuring an attractive at-par swap arrangement, aims to attract significant foreign currency inflows, with banks exempted from CRR and SLR requirements on these deposits.

Social Security payments remain a top concern for millions of retirees in June 2026. The latest Social Security payment arrives June 10 for beneficiaries born between the 1st and 10th. The Social Security payment schedule also highlights growing focus on retirement benefits, SSI payments, and future funding challenges. Knowing payment dates helps recipients plan finances while tracking important Social Security updates shaping retirement security across America.

According to the psychological ideas of Carl Jung, many individuals stay in unhealthy relationships not necessarily because of profound love, but because they fear facing loneliness, uncertainty and aspects of themselves they have spent years avoiding or suppressing.

Apple has launched a major Siri upgrade at WWDC 2026. The new Siri AI offers improved conversational skills and a redesigned interface. This marks Apple's biggest Siri update since its 2011 debut. The company aims to catch up with competitors like ChatGPT. Apple is emphasizing privacy in its new AI features. This revamp is crucial for Apple's broader AI ambitions.