The Economic Times
Elections 2026Economy / The Economic Times
Quote of the day by Judi Dench offers a simple lesson about work-life balance, humility, hard work and self-importance. Her advice is about doing your job with care while keeping your ego under control. The quote also explains why commitment, dedication, reliability and approachability can help people build better relationships and handle mistakes without losing perspective.
In 1882, an American woman inventor, Maria E. Beasley, received a patent for a life raft with collapsible metal floats, airtight containers, and features that allowed use after overturning. Her work followed an 1880 raft patent and formed part of her invention career. Beasley secured 15 U.S. patents between 1878 and 1898, including devices linked to barrel making, transport safety, manufacturing, and other practical problems of her time in industry.
GAIL and Rashtriya Chemicals and Fertilizers have signed an agreement for a joint venture. This collaboration aims to establish a new gas-based fertiliser plant in Maharashtra. The proposed urea plant will have a significant production capacity of 1.27 million tonnes annually. It will be strategically located near GAIL's existing natural gas pipeline. This project will help meet India's growing fertiliser demand and boost regional industrial development.
Speaking at the theme launch of the 10th edition of the India Mobile Congress (IMC), scheduled for October 7-10 in New Delhi, Scindia said India must look beyond its domestic market and focus on taking its innovations, technologies and standards to the world.
The two companies formed the joint venture in June to set up an advanced EMS manufacturing facility at Syrma's existing plant in Haryana, Managing Director Jasbir Singh Gujral told ET.
Given the explosion of interest on Instagram in the past few weeks, we are allocating at least 25% more ad and promotional spends on the platform compared to last month, one executive said.
The PNGRB plans to allow third-party capital investment in city gas distribution areas. This move aims to expand natural gas reach and promote infrastructure competition. The regulator will review pipeline authorization rules for capex-based bidding processes. City gas authorization regulations will also be revised to facilitate infrastructure sharing. An integrated digital consumer portal is planned for grievance resolution.
Boeing's examination found no fault with the 787 Dreamliner fuel control switch. Air India pilots had reported a potential issue after a recent flight. The Directorate General of Civil Aviation directed testing of the mechanism at Boeing's facility. While no abnormality was observed, further inspection of the thrust control module is ongoing. The government stated that incorrect handling by pilots caused the switch to move previously.
ProTec General Insurance will be allowed to undertake general insurance business under the applicable regulatory framework. The four registrations granted so far in calendar 2026 include two general insurers, one health insurer and one reinsurer, Irdai said.
Axis Bank will increase the DCC fee on its credit cards to 3.5% from 1.5%, effective August 28, 2026, according to the bank's revised terms and conditions. Kotak Mahindra Bank will raise the fee on debit-card transactions to 3.5% plus goods and services tax (GST), from 1% plus GST, effective August 1.
Distributors are refusing to pick up existing energy drink stocks nationwide. This action has led to shortages of popular brands on retail shelves. The food regulator has alleged labeling violations and does not recognize the category. Companies have requested an extension, but the regulator has refused their plea.
Indian Premier League valuations have increased significantly year-on-year. Royal Challengers Bengaluru became the first franchise to surpass $300 million brand value. The league's overall business value has seen double-digit growth for two consecutive years. Landmark franchise acquisitions reflect growing investor confidence in the league's potential. IPL's per-match valuation ranks second globally, behind the NFL.
Quote of the Day by Monica Bellucci: Monica Belluccis quote, I have a lot of adrenaline. I have a naturally fast system. But I love to eat, and I am not skinny, explores the importance of body confidence, self-acceptance, and embracing individuality. The quote suggests that beauty is not defined by unrealistic body standards but by confidence, authenticity, and feeling comfortable in your own skin. It highlights how accepting your natural body, enjoying life without guilt, and focusing on health
Japanese proverb of the day highlights the meaning of the saying, An ant's nest could bring down a hill. The proverb teaches that small problems should never be ignored because they can grow into major challenges. It also explains how steady effort, early prevention, teamwork and consistency create lasting results. The proverb remains relevant in work, health, relationships and daily life, offering practical lessons for people of all ages.
Union Minister Jitendra Singh stated no bullets were fired during student protests. Parliamentary Affairs Minister Kiren Rijiju demanded Rahul Gandhi apologize for his allegations. The Lok Sabha approved amendments to the anti-paper leak law. Singh defended the legislation as a government learning from experiences. Fifty-two FIRs were registered since the original law's enactment.
Reckitt reported high single-digit growth for its India business during the April-June quarter. Germ protection, intimate wellness, and household care categories led this strong performance. Emerging markets, including India, fueled the company's second-quarter sales significantly. Global chief Kris Licht noted India's consistent growth across all product categories.
Hershey India is pivoting away from general trade in non-metro areas, focusing its efforts instead on the premium urban markets of six major cities. This strategic realignment emphasizes investment in modern trade and digital channels to enhance financial performance. The company's goal is to leverage India's largest urban centers and digital landscape for optimal growth and profitability.
Today's Quote of the Day by Michael Burry: The famous quote by Michael Burry highlights how people frequently outsource valuation decisions to authority figures based on emotional familiarity rather than objective facts. Burry points out that popular consensus often masks underlying risks, leading individuals to misjudge value in markets and everyday life.
Tyrannosaurus rex ate other T. rexes: Fossil evidence reveals Tyrannosaurus rex sometimes ate its own kind. Scrapes on bones indicate T. rex hunted live prey, not just scavenged. This giant predator possessed an incredibly powerful bite force. T. rex stripped meat before swallowing large chunks whole. Fossilized droppings also provided clues about its digestive habits.
Discounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linked to renewed hostilities in the Iran war. This rebound marks a sharp change from earlier July when discounts were much larger. Indian refiners have stepped up purchases of Russian oil for stable feedstock.
In the first quarter of FY27, revised liquidity coverage ratio (LCR) norms came into effect, reducing the assumed run-off rate on deposits from non-financial entities such as trusts, limited liability partnerships (LLPs), and partnerships to 40% from 100% earlier. The change lowered projected 30-day cash outflows for banks, providing flexibility to the LCR mandate.
Rahul Gandhi accused Home Minister Amit Shah of police actions and running the education system. He alleged that the RSS controls the ministry, which the ruling party protested. The Speaker disallowed unsubstantiated charges made by Gandhi against the Home Minister. Opposition MPs protested after the Leader of the Opposition was not allowed to complete his speech. The debate on education reforms saw significant disruption and demands for an apology.
Great achievements require courage and a willingness to face uncertainty. Meaningful rewards often come after stepping into unfamiliar territory. The Korean proverb encourages confronting difficult situations instead of avoiding them. Personal growth begins where comfort ends, requiring bold steps. This ancient wisdom inspires people to reach their full potential.
ACME Solar secured over 3,400 crore funding from PFC for its 250 MW project. This funding supports the development and construction of the ACME Urja One Phase III project. The project combines solar, wind, and battery storage technologies for reliable power supply. It spans across Rajasthan and Gujarat, with commissioning expected next year.
Technical trials for India's first Vande Bharat Freight EMU began this week. This superfast parcel rake is undergoing extensive testing on the Kota-Nagda-Sawai Madhopur rail section. The 16-coach prototype, developed by ICF Chennai, will be tested for nearly a month. Various speed and operating conditions are being evaluated during these crucial trials. This technology aims to revolutionize e-commerce and time-bound freight transport across the nation.
Coal India plans a significant capital expenditure of 68,000 crore over four fiscal years. These investments will focus on capacity expansion and strengthening mining infrastructure. A substantial portion is allocated for land acquisition and resettlement activities. The company will also invest heavily in coal evacuation systems and solar projects. This strategic outlay aims to enhance operational efficiency and diversification.
India's services sector expanded broadly in May, with sixteen of nineteen tracked sectors showing growth. Accommodation and food services, real estate, and retail trade emerged as fastest-growing segments. The new Index of Service Production showed this broad-based expansion across many areas. Calculations suggest services output grew by 9.8% in May, moderating from April's figure. This moderation was due to slower growth in retail trade and IT services.
Global uncertainties resurface, impacting the worldwide economic outlook significantly. Resilient domestic demand continues to support India's growth momentum. The nation must reinvent itself and reimagine responses to these challenges. Upside risks to inflation and deficits persist, while growth faces downside risks. Swift policy responses and reforms are crucial for investor confidence and stability.
Importers are urging the government to approve new tur and urad supplier destinations. Brazil is attempting to cultivate tur for India, with a small harvest expected soon. The trade sector is also working to expand tur cultivation to Australia. India has been seeking to reduce import reliance on a few countries. This move aims to ensure a stable supply of pulses for the nation.
Tech professional Ajay Suneja shared three key indicators for considering a job change. He noted that a lack of workplace respect and recognition signals a need to leave. When professional growth and learning opportunities cease, it is time to look elsewhere. Feeling underpaid for your experience is another significant reason to seek new employment. Suneja advises against quitting in frustration and to prepare for the right opportunity.
R Madhavan has shared the two life skills he believes every Gen Z youngster should develop. Reflecting on raising his son, swimmer Vedaant Madhavan, the actor said he made a conscious effort to ensure his son understood the value of privilege, hard work and treating every individual with dignity. He also revealed a parenting lesson from Canada that encouraged him to keep children meaningfully engaged instead of giving them too much free time.
Quote of the day by Meg Ryan reminds people that confidence can begin with small personal choices. Her statement about wearing high heels explains how clothing, posture, and mindset can influence communication and self-expression. The quote also shows that feeling comfortable and confident can help people speak clearly, express ideas with ease, and approach daily life with greater belief in themselves.
Tensions remain high in Pakistan Occupied Kashmir following widespread violence and at least twenty deaths. Human rights bodies have expressed deep concern and lodged a formal complaint with the United Nations. Pakistani authorities have not released an official casualty toll amid ongoing protests and unrest. Protesters are demanding fair elections and an end to Islamabad's influence in candidate selection.
Three more deaths were reported in Assam floods, raising the total toll to seventy-eight. Over three lakh people remain affected across seven districts due to the ongoing deluge. Heavy to very heavy rainfall with thunderstorms is predicted for the next three days. This forecast could impact districts bordering Arunachal Pradesh and Nagaland. Authorities are monitoring the situation and keeping emergency response systems on alert.
The Italian proverb Without effort, there is no gain highlights universal truths. Meaningful results demand dedication, persistence, and consistent daily effort. Modern technology often creates an illusion of overnight success, which is untrue. Embracing challenges and building discipline are crucial for personal development. Lasting achievements are built step by step through sustained hard work.
Japanese Proverb of the Day offers a simple thought with a powerful meaning: When the heart is unsettled, even the full moon appears crooked. This timeless Japanese proverb reminds us that our emotions often shape the way we see the world. Sometimes, changing your mindset is the first step toward finding clarity, peace, and better decisions.
Japanese Mindset: Yugen is a Japanese philosophy that appreciates profound beauty beyond words. This concept highlights experiences that stir emotions too powerful for language. It encourages awareness of the universe's mystery and quiet wonder. Nature's impermanence and change reveal beauty in ordinary moments. Yugen reminds us to embrace mystery instead of seeking all answers.
Quote of the Day by Eva Longoria: Eva Longorias quote, My worst habit in the kitchen is not allowing anybody to help me. I like to cook by myself, explores the importance of independence, passion, and personal satisfaction. The quote suggests that finding joy in personal interests and creative activities can bring confidence, happiness, and a sense of accomplishment. It highlights how doing something you love, even alone, allows you to express yourself and appreciate your own abilities without d
India aims to connect one billion people to 5G by 2030. The nation has already connected nearly 500 million users in two years. A new Telecom Manufacturing Zone will be established in Gwalior. The India Mobile Congress 2026 theme is Scale without boundaries. The government is also advancing 6G and domestic manufacturing capabilities.
Viral social media videos suggest wrapping TV remotes in aluminium foil. Most claims about boosting signals are misleading and untrue. A small foil piece can temporarily fix loose battery contacts in a pinch. However, foil cannot replace a battery or improve remote performance. Experts advise checking batteries or replacing the remote instead.
Flights to the United States were disrupted at Montral-Pierre Elliott Trudeau International Airport after a varnish odour from interior painting temporarily shut down US Customs operations. Airport officials say customs processing is gradually resuming, but travellers should still expect delays. While the odour may have been unpleasant, it did not pose any health risk, the airport said.

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