The Economic Times

Psychology suggests that adults who hold on to special items are rarely acting irrationally. More often, they are trying to preserve something meaningful, such as security, comfort, possibility or hope. The challenge is that the brain can sometimes overlook an important reality: many treasured things are meant to be enjoyed and experienced, not saved indefinitely.

India's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlighted that these liabilities have reached 90.51 lakh crore. States are advised to reduce these debts over time. Accurate reporting is crucial for understanding the true scale of state finances and ensuring fiscal transparency. This will aid informed decision-making by policymakers.

As the animal lay dying, Aldo Leopold looked into its eyes and saw what he later described as a fierce green fire fading away. In that moment, something changed. The young hunter who believed that fewer wolves meant more deerand better huntingbegan to realize that neither the wolf nor the mountain agreed with such simple thinking.

JSW Dulux is targeting a top-two position in India's paint market. The company plans aggressive expansion and significant investments in its brands and manufacturing. This strategy leverages the JSW Group's strengths to capture future growth opportunities in the expanding Indian market. The Dulux brand will remain central to this ambitious plan.

Uttar Pradesh schools affiliated with the Basic Education Council and recognized institutions have extended summer vacations until June 24 due to severe heatwave conditions. Regular classes will now commence on June 25, with staff reporting earlier for preparations. This move prioritizes student safety and aims for academic calendar uniformity.

Google CEO Sundar Pichai emphasizes that leaders must focus on others' success. True leadership means helping teams grow and reach their potential. This approach builds stronger organizations and fosters loyalty. Business owners should create opportunities for employees and partners. This collaborative mindset drives long-term success. The most respected leaders inspire and mentor others.

French proverb of the day: A French saying reveals a truth about love. It states that in romance, one person often suffers while the other is bored. This reflects the reality of emotional differences in relationships. The saying encourages partners to be aware of these imbalances. It stresses the importance of communication and mutual effort for a strong connection.

Chartered Accountant Nitin Kaushik has shared a simple but powerful lesson on wealth creation, emphasizing that long-term investing beats frequent trading. In a post on X, he explained that real wealth grows through patience and compounding rather than trying to time the market or chase quick gains. According to Kaushik, allowing investments to remain untouched for years can deliver far better results than constantly buying and selling based on fear or greed.

A Spanish game called Billarda has gone viral on Indian social media. Many Indians recognize it as their ancient game, gilli danda. Videos show players flicking a small stick with a larger one towards a target. This has brought back childhood memories for many. Gilli danda is believed to be over 2,000 years old.

The US military is secretly guiding oil tankers through the Gulf of Oman. This operation uses drones and helicopters to facilitate ship-to-ship transfers. The goal is to keep energy exports flowing despite regional tensions. At least 116 ships have been involved since May. This method mirrors tactics used by Iran to bypass sanctions. The transfers occur near Fujairah and Sohar.

Research into past aviation accidents suggests that passengers seated in certain places may have better chances of survival in certain crash scenarios. However, experts stress that no seat can guarantee safety because every accident is different. Studies, crash investigations, and aviation specialists agree that factors such as the type of crash, evacuation speed, and passenger behavior often play a bigger role than seat location alone.

Morgan Housel, a renowned financial writer, shares a powerful money lesson. He explains that spending to impress others is the quickest route to financial decline. True wealth is built by saving and making wise choices, not by displaying possessions. Housel's insights from 'The Psychology of Money' highlight the difference between appearing rich and actually being financially secure.

Amidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's SEEPCO between March and May 2026. This move, utilizing crude from SEEPCO's Okwuibome field, bypassed the Strait of Hormuz, bolstering India's energy security during global uncertainty.

India's digital payment system, UPI, has expanded its global reach with a launch at Galeries Lafayette in Nice, France. This move strengthens economic and technological ties between India and France. Following its introduction at the Eiffel Tower earlier this year, UPI is now available in nine countries. This allows Indian travelers to make easy payments abroad using familiar platforms.

The government is set to approve the Dixon-Vivo joint venture this month. Dixon Technologies will hold a majority stake in this new venture. This partnership aims to manufacture electronic devices, including smartphones. Vivo's Noida facility will be integrated into the joint venture. This move will significantly reduce Vivo's operational risks in India.

During a significant summit in France, Prime Minister Narendra Modi engaged in crucial discussions with Canadian Prime Minister Mark Carney. They focused on fortifying their nations' relationship through avenues like commerce, renewable energy, and educational partnerships.

Assam Chief Minister Himanta Biswa Sarma inaugurated new natural gas projects to bring piped natural gas to homes and industries, and compressed natural gas to vehicles. This initiative promotes cleaner energy and reduces reliance on imported fuels.

Forget the internet, there's a hidden superhighway under your feet, and it's almost a billion Sun trips long and scientists have now mapped this underground fungal network for the first time. The study shows that these fungal networks stretch about 110 quadrillion kilometers across Earth. They help plants obtain nutrients and water, move around 4 billion tons of carbon dioxide into soils each year, and support ecosystems. Researchers say the findings could help conservation efforts, climate plan

A young woman achieved significant weight loss without gyms or crash diets. She focused on walking 10,000 steps daily and eating home-cooked vegetarian meals. This approach led to a 5 kg loss in just a few months. Her journey highlights the power of consistent, simple lifestyle changes for effective weight management.

Spanish proverb of the day: It reminds us that difficult moments often carry unexpected value. Challenges teach perspective. Failure reveals opportunity. Hardship builds resilience. Life lessons emerge through experience. Personal growth begins when we stop resisting change and start discovering the wisdom hidden within every obstacle.

Today's school assembly news covers significant national developments including new prescription mandates for medicinal syrups and ISRO's upcoming PSLV launch. Internationally, a potential US-Iran agreement and G7 cooperation on China are highlighted, alongside a B-52 bomber crash. In sports, Vaibhav Sooryavanshi's on-field incident and Smriti Mandhana's inclusion in TIME's list are noted.

Speaking at the Outreach Session on 'Forging new Partnerships and rebuilding international solidarity here, Modi also underscored the importance of rust in building international partnerships, especially in an increasingly interconnected world.

America will permit Iran to start selling oil and fuel immediately. This follows a memorandum of understanding to end a war. Sanctions on Iranian oil sales will be waived. This waiver also includes banking, transportation, and insurance services. These provisions take effect once the agreement is signed this week.

The platform brings together more than 200 verified space and defence companies across nearly 20 domains and over 120 sub-domains. It aims to create a single, trusted platform for capability discovery, collaboration and business development across the Indian space ecosystem.

Chinese proverb offers enduring wisdom about education, empowerment, and self-reliance. While temporary assistance is sometimes necessary, lasting change comes from equipping people with the skills and opportunities they need to succeed independently. The proverb highlights the transformative power of knowledge and the importance of investing in human potential. By teaching, mentoring, and empowering others, we create stronger individuals, healthier communities, and a more prosperous world. Ulti

Andhra Pradesh is set to significantly upgrade its electricity network. Twenty-four power transmission projects valued at Rs 3,507 crore will be completed and commissioned by December 2026. These initiatives aim to enhance grid stability and support the state's development. APTRANSCO is actively working on numerous projects to meet growing power demands and ensure reliable supply across Andhra Pradesh.

The proverb, If hard work led to success the donkey would own the farm, challenges the belief that effort alone guarantees achievement. While hard work remains important, the saying highlights that success often depends on a combination of strategy, opportunity, knowledge, timing, and decision-making. This traditional folk proverb continues to resonate today as a reminder that working smarter, adapting to circumstances, and recognizing opportunities can be just as important as working hard.

India's gems and jewellery exports saw a dip in May. High gold prices and supply issues impacted overall shipments. Gold jewellery exports declined significantly. However, studded gold jewellery exports showed growth. Cut and polished diamonds, lab-grown diamonds, and silver jewellery exports performed well. The industry is addressing challenges with the government.

At its heart, this habit is rarely about the bags themselves. It is more about psychological efficiency. The brain naturally seeks to reduce uncertainty, prevent waste and prepare for future needs. A larger bag filled with smaller ones may seem trivial, but from a psychological perspective, it often symbolizes a much deeper desire for security, readiness and control.

A finance analyst's vacation request was denied by their manager and he is not even allowed to take one Monday off, according to a Reddit post. The employee is the only analyst in their team and leads critical presentations and the situation has sparked debate on workplace boundaries and PTO policies. Many suggested the employee seek new employment or follow formal HR procedures.

India's fair trade regulator CCI has given the green light for TVS Group entities to acquire PGIM India Asset Management. The regulator also cleared Temasek's investment in medical devices maker Romsons Group. These approvals pave the way for significant business consolidations in the financial and healthcare sectors. The deals involve substantial stake acquisitions and restructuring.

Life lesson of the day by Niccol Machiavelli: Niccol Machiavelli advises that success often stems from strategic thinking and understanding situations, rather than brute force. He suggests that a calculated approach, involving careful planning and adaptation, can achieve better outcomes than direct confrontation.

The Ministry of Defence will acquire land in Assam's Udalguri district to establish units of an Artillery Brigade. The expansion is linked to the 21 Mountain Division stationed in the region.

Arunachal Pradesh has significantly eased business regulations. The state has streamlined processes across 51 areas, including land, environment, and labour. Reforms include self-certification, digital platforms for approvals, and simplified utility connections. These measures aim to attract investment by creating a transparent and efficient business ecosystem. The government is committed to fostering growth while respecting the state's heritage.

Roger Ebert, the renowned film critic, offered a powerful life lesson. He suggested that life's journey, filled with joy and simple pleasures, holds more value than an unending quest for profound meaning. Ebert's perspective encourages appreciating present moments. His own life, marked by challenges, exemplified finding happiness amidst struggles. This wisdom resonates for everyone living their own story.

A Bengaluru techie's first salary of Rs 32,000 was intended for personal purchases like shoes and a phone. However, his father's request for Rs 5,000 to contribute to others shifted his perspective. This experience taught him the profound fulfillment of giving back, making his first paycheck a lesson in responsibility and generosity rather than just spending.

An ancient Egyptian proverb reveals that true peace stems not from possessions but from self-understanding. By living with wisdom and truth, individuals can uncover their soul's divinity and its connection to the universe, leading to supreme contentment. This timeless message emphasizes the importance of an inward journey for lasting fulfillment.

Nearly 20 years after the original film became a global hit, The Devil Wears Prada 2 brought back Miranda Priestly, Andy Sachs and Emily Charlton for a new chapter set in today's digital media landscape. While the sequel is playing in theatres, reports suggest it could arrive on OTT between late August and September 2026. The film is expected to stream on JioHotstar in India, while Disney+ and Hulu are likely to carry it in the United States, although an official announcement is still awaited.