The Economic Times
Elections 2026Economy / The Economic Times
Chinese proverb of the day shares the traditional saying, When you are in a hurry, the horse holds back. The proverb explains that rushing often creates mistakes, stress and delays. It teaches people to stay calm, plan their work and move at a steady pace. Even in modern life, this Chinese proverb remains useful for students, workers, business owners and families because patience often leads to better decisions and better results.
Quote of the day by Lena Headey reminds people that love often appears in simple daily moments instead of major events. The actress shares how smelling her son's hair during a peaceful morning brings tears to her eyes because of the depth of her love. Her words explain the emotional changes that parenthood can bring and encourage people to value everyday experiences, deep relationships, gratitude and emotional connection.
A bear skull found near Viminacium amphitheater reveals its use in Roman gladiator fights. The bear suffered a frontal bone fracture and showed cage-biting marks on its teeth. This evidence indicates the animal participated in multiple spectacles and likely died from infection. The discovery provides the first osteological proof of brown bears in Roman spectacles. It offers insight into ancient human-wild animal interactions and the empire's entertainment.
Global auto supplier Forvia plans to more than double its India revenue by 2030. The company will invest an additional seventy million dollars to expand its operations. This investment will create three new manufacturing plants across the country. Forvia also expects to increase its workforce by fifty percent to over nine thousand employees. Rising demand for SUVs and vehicle electronics drives this significant expansion plan.
The additions were led, once again, by the country's largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and edging past SBI Cards, which added 162,000. ICICI Bank added 151,000 cards, while Federal Bank continued its strong momentum with 101,000 net new additions.
Maruti Suzuki aims to become India's largest SUV maker. The company is expanding its utility vehicle portfolio and brand positioning. Factories are running at over one hundred percent utilization due to strong demand. Maruti Suzuki targets healthy double-digit growth in the SUV segment this fiscal. The company is evolving its brand beyond fuel efficiency to meet aspirations.
Devyani International noted consumer spending recovery in the last fiscal year's final quarter. The company focused on operational efficiency and technology investments during weak demand. Early recovery signs in the fourth quarter boosted average daily sales. Devyani International expanded its restaurant network by adding 217 new outlets globally. The company is diversifying its portfolio beyond traditional brands into homegrown options.
Our credit cost was 2.13% of loans including the microfinance portfolio, against a guidance of 2.10%. This year, encouraged by seeing our credit quality in the first quarter, we are targeting 50 bps lesser credit cost, say 1.5% to 1.6%, says V Vaidyanathan, MD & CEO, IDFC Bank.
Indian consumers show resilient demand for aspirational and premium goods this festive season. Inflation and supply disruptions have not significantly impacted overall consumer sentiment. Lower interest rates and GST cuts are providing tailwinds for increased spending. Brands and retailers are launching festive campaigns to capitalize on this trend. Consumer spending during the festive period is projected to be substantial.
Japanese proverb of the day highlights the saying, A silent man is the best one to listen to. The proverb explains why listening is often more valuable than speaking. It teaches lessons about patience, careful observation, learning, peace of mind, trust and quiet wisdom. Even in today's busy world, this Japanese proverb encourages people to think before speaking, understand others and build stronger relationships through silence and thoughtful listening.
The government is currently investigating ways to protect the interests of FCV tobacco farmers. On July 25, a ministry team traveled to Andhra Pradesh to review the ongoing market climate. Their discussions emphasized strategies to support growers while ensuring the industry's stability. Additional Secretary Nitin Kumar Yadav reassured farmers about ongoing oversight, underscoring the government's commitment to considering effective protective measures.
The Union Cabinet is poised to evaluate a new incentive scheme aimed at enhancing the production of advanced construction machinery domestically. As infrastructure development surges, the need for specialized equipment is escalating. The proposal, having completed inter-ministerial discussions, is now pending cabinet approval. Once approved, industry consultations will begin promptly.
Instagram has emerged as a pivotal medium for political discourse and youth involvement, with Prime Minister Narendra Modi encouraging ministers to leverage the platform for showcasing government initiatives. His video highlighting paper leak reforms attracted substantial global attention and followers. The Cockroach Janata Party successfully harnessed Instagram to amplify student protests. Gen Z favors Instagram's short-video format as an effective way to disseminate protest narratives.
The Indian Army seeks indigenous drone-mounted radars for detecting terrorist movement. These systems will penetrate dense forests and thick tree cover effectively. Recent terrorist activities highlight the critical need for such advanced surveillance technology. The army plans a Make II project, encouraging industry-led research and development. This initiative aims to enhance counter-insurgency operations in challenging terrains.
Opposition INDIA bloc leaders will meet Monday to decide on continuing their Parliament protest. Some Congress members want to raise pending demands, including accountability for police actions. Other opposition parties suggest discussing paper leak bills and the Ram temple donation theft case. Rahul Gandhi wrote to the Home Minister regarding police excesses on students. A PDP MLA urged compassion for Kashmiri youth, citing double standards.
Prime Minister Modi honored soldiers on Kargil Diwas, emphasizing India's growing defense capabilities. He noted the indigenous INS Mahendragiri warship as a symbol of self-reliance. Successful tests of Pinaka-I rocket and Kusha missile were also highlighted by the Prime Minister. India's defense exports and political cooperation with friendly nations are expanding significantly. Global confidence in India's defense technology and equipment is steadily increasing.
With global wheat prices soaring, Indian wheat stands to benefit from new export avenues. India, possessing ample wheat reserves, has set the stage for exports through 2026. Current market dynamics, bolstered by increased freight costs and worries over worldwide crop yields, have triggered a price surge. As a result, Indian wheat prices now align favorably for exports to Bangladesh. Additionally, wholesale wheat prices in Delhi reflect this upward trend.
The Jammu Kashmir Joint Awami Action Committee has appealed to international bodies. They are highlighting human rights concerns and seeking global attention for their region. The organization emerged from public discontent over economic hardship and governance failures. Protests against rising prices and services have united diverse local groups. International human rights officials have urged restraint and accountability from Pakistani authorities.
Maharashtra has distributed over eighty-seven percent of elector forms during the ongoing revision. Sixty percent of these distributed forms have now been successfully digitized. Hingoli district leads in form distribution, while Ratnagiri leads in digitization efforts. Major urban districts like Thane and Mumbai show lower percentages for both tasks. This exercise aims to ensure accurate and up-to-date voter lists for future elections.
India's education system requires urgent structural reforms, not just ministerial changes. Early childhood education needs transformation from nutrition centers to learning hubs. Higher education quality remains a concern, with accreditation and faculty development lagging significantly. The disconnect between education and employment is alarming, impacting many educated youth. Expanding apprenticeships and reforming entrance exams are crucial for future success.
The landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts transformed into premiums amid escalating supply uncertainties. However, an influx of Russian cargoes enabled refiners to boost imports significantly in March. As supply concerns eased and global availability improved, these premiums were eventually decreased. Yet, with renewed hostilities, supply risks and crude oil prices have escalated once more.
India now requires crypto exchanges to collect user tax residency details. Digital asset intermediaries must share transaction data annually with tax authorities. This aligns with the OECD's global Crypto Asset Reporting Framework. The Central Board of Direct Taxes issued a detailed compliance framework for reporting. Data sharing with participating jurisdictions begins next financial year.
Defence Minister Rajnath Singh stated no talks with Pakistan beyond Pakistan-occupied Kashmir. He emphasized India's capability to counter any Pakistani misadventure severely. Singh noted Pakistan's state policy of nurturing terrorism and its close ties with militants. He contrasted India's development with Pakistan's focus on terror activities and proxy missions. Safeguarding national security is a shared responsibility for every citizen, he added.
India faces significant annual losses of 14 lakh crore due to corrosion. This damage prematurely deteriorates vital infrastructure across various sectors. Effective corrosion protection measures could boost India's GDP by up to 1.5 percent. Current standards lack specific guidance for different climatic conditions. Implementing global benchmarks will enhance infrastructure durability and safety.
Taxpayers are receiving alerts about undeclared foreign assets before the July 31 deadline. The tax department has uploaded foreign asset data, prompting disclosures and professional help. Lapses stem from ignorance, negligence, or conscious concealment of overseas accounts and properties. Some taxpayers are seeking immunity under a fast-track disclosure scheme for eligible cases. Reconciling discrepancies with past filings and underlying records is now essential for compliance.
The price of kitchen utensils saw a notable uptick in June, driven by escalating global metal costs. Specifically, inflation for stainless steel utensils escalated to 7.1 percent compared to last year. Pressure cooker prices climbed by 4.7 percent, while other metal utensils faced a 4.8 percent increase. With stainless steel prices likely to stabilize until September, consumers may find more advantageous buying opportunities in 2026 as conditions improve.
Quote of the Day by Louis Armstrong: Louis Armstrong's famous quote, Don't do nothing halfway, else you find yourself dropping more than can be picked up, reminds us that success comes through complete dedication rather than half-hearted effort. The legendary jazz musician believed that when people fully commit to their work and responsibilities, they are more likely to achieve meaningful results instead of becoming overwhelmed by unfinished tasks.
Bageshwar district administration has declared a holiday for all schools and Anganwadi centres. This closure is scheduled for Monday, July 27, as a precautionary measure. The decision follows a heavy rainfall warning issued by the Meteorological Department in Dehradun. All government, private, and aided educational institutions will remain shut. This action ensures the safety of students and staff amid the forecast.
Quote of the day by Sean Connery reminds people that courage is needed in everyday life, not only in difficult moments. The famous line from The Russia House explains why honesty, responsibility, kindness and integrity require effort. Although many people believe it is Sean Connery's personal quote, it was spoken by his character Dante in the 1990 film. The message continues to inspire people across generations.
Jyotirmayee Nayak from Odisha has been crowned the winner of Indian Idol Season 16. She took home the winner's trophy along with a cash prize of Rs 20 lakh. Before participating in the singing reality show, Nayak worked as a music therapist, using music to support cancer patients. Her inspiring journey has resonated with many, and she now hopes to pursue a career as a Bollywood playback singer. Her victory also marks a significant milestone, as she becomes the first Odia contestant to win Indian
India's Vaibhav Sooryavanshi scored 81 runs to lead his team to victory. The young player's performance secured a 3-0 series whitewash against Zimbabwe. India posted 192 runs and then restricted the hosts to 157. Sooryavanshi's highest international score came off 49 balls in the final match. He was named man-of-the-match and player-of-the-series for his efforts.
Mottainai, a Japanese philosophy, encourages gratitude for possessions and resources. This mindset promotes mindful consumption and reduces unnecessary wastefulness. It emphasizes repairing items and finding new uses for old belongings. Mottainai influences Japanese culture by valuing transformed objects and extended lifespans. This philosophy offers a thoughtful alternative to modern consumer culture's habits.
Christopher Nolan has opened up about an Indian cinematic masterpiece that left a lasting impression on him, saying it lew his mind when he first watched it. During a recent visit to the Criterion Closet, the Oscar-winning filmmaker also described its creator as one of the greatest filmmakers ever and revealed why he is excited to revisit the acclaimed series.
Parliamentary Affairs Minister Kiren Rijiju urged all Members of Parliament to attend the upcoming discussion. The Public Examinations (Prevention of Unfair Means) Amendment Bill is scheduled for parliamentary debate tomorrow. Rijiju highlighted historic decisions made by Prime Minister Narendra Modi for students' futures.
Best Mexican Proverb of the Day: A popular Mexican saying links mezcal to all life experiences. This phrase suggests embracing challenges and celebrating joys with warmth. Mezcal, a traditional agave spirit, holds deep cultural significance in Mexico. The saying encourages balance and finding comfort in shared moments. It highlights life's journey with both struggles and celebrations.
Whey protein is widely used to support muscle growth, but new research suggests its benefits may not be the same for everyone. A study has identified an age after which whey protein supplementation alone may no longer improve muscle strength or mass, highlighting why experts say another factor becomes even more important for healthy ageing.
The Directorate General of Maritime Administration issued a strong caution for vessels operating in the Black Sea. This advisory follows recent attacks that tragically claimed the lives of five Indian seafarers. Indian flagged and foreign vessels with Indian crew must now conduct thorough risk assessments. Attacks on commercial vessels have increased, prompting this urgent maritime safety directive. Seafarers are urged to continuously monitor and adhere to all official advisories.
According to a statement by the Agriculture Ministry on Sunday, Trust for Advancement of Agricultural Sciences (TAAS), in collaboration with ICAR, and the Federation of Seed Industry of India (FSII), organised a high-level roundtable on Reforms in Regulations and Approval of Genetically Modified (GM) and Genome-Edited (GE) Crop Plants.
A Delhi teacher's innovative attendance method is winning widespread praise online after a viral Instagram reel showcased her creative classroom idea. Instead of a traditional roll call, children mark themselves present using a colourful handmade attendance board, encouraging independence and responsibility from an early age. The engaging activity turns a daily routine into an enjoyable learning experience while promoting active participation.
Psychology says people who see and read the message on WhatsApp or other messaging platform but don't reply aren't always trying to ignore someone. Psychology explains that delayed replies can happen because of stress, mental workload, emotional state, priorities, or communication habits. Studies suggest that reading a message without responding immediately does not always show a lack of respect. Understanding this behavior can reduce misunderstandings and improve communication between people.
Quote of the Day by Shakira: Colombian singer-songwriter Shakira's quote, When you feel complete, you don't need to get married, and you don't think about it, reflects the idea that personal fulfilment should not depend on relationship status or social expectations. Shared during a 2019 interview, the quote encourages people to focus on self-worth, emotional independence and building a life that feels complete on its own rather than chasing validation through marriage.
Union Finance Minister Nirmala Sitharaman stated no need to revise Budget estimates. Adequate fiscal buffers exist to manage global uncertainties and risks. Inflationary pressures may arise from both external and domestic factors. Industry investment is improving and critical sectors are seeing growth. The government invites industry engagement for further facilitation needs.
The government is actively examining measures to safeguard FCV tobacco farmers' interests. A ministry team visited Andhra Pradesh to review the sector's market situation. Discussions focused on grower protection and sector stability amid taxation policy changes. The delegation observed auction operations at the Tobacco Board Auction Platform. Officials assured growers that the government is monitoring the evolving market situation.
German sayings use unusual imagery to convey simple life lessons effectively. The proverb Klappe zu, Affe tot means accepting when a matter is finished. It encourages recognizing concluded situations instead of revisiting old issues. This saying highlights the importance of accepting endings and focusing energy forward. Modern life applies this proverb to various situations, accepting conclusions and moving ahead.
A Reddit user revealed how his boss who dismissed his ideas for designs, later used the same concepts to start a new company. The post triggered a new conversation about how its sensible never to share ideas with the boss.
Activist Sonam Wangchuk will leave Medanta Hospital on Monday after a 26-day fast. He plans to visit Rajghat to honor Mahatma Gandhi before his departure. Wangchuk had previously fasted at Jantar Mantar supporting NEET examination protestors. The 36-day agitation concluded with the Education Minister's resignation on Saturday. Wangchuk was moved to Medanta Hospital following a court order.
Delhi Police will proceed with withdrawing cases against NEET protesters after receiving official guidelines. The government has agreed to provide written assurance on protesters' demands by Tuesday. This withdrawal will not halt the investigation into the alleged larger conspiracy behind the clashes. Over 250 people with criminal backgrounds have been identified using facial recognition technology.
In 132 AD, China built a machine that could detect earthquakes hundreds of miles away through a device created by Chinese scientist Zhang Heng. The machine is known as the first seismograph in history. It used a pendulum, metal dragons, and frogs to detect ground vibrations. The invention helped the Han court learn about earthquakes taking place far from the capital and marked an important step in the history of earthquake detection.

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