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The Economic Times

Economy / The Economic Times

World Bank approves USD 1.5 bn loan to support India's reforms, job creation

India's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion in financing. This funding will support structural reforms aimed at simplifying business regulations, enhancing trade, and improving access to capital. The initiative is projected to create employment for millions of young Indians and bolster the nation's economic resilience, aligning with the government's long-term development vision.

22 Jun 2026 6:04 pm
Angelina Jolie quote of the day: 'Pain and suffering is the key to all windows, without it, there is no way of life'

Angelina Jolies quote explores how pain and suffering shape personal growth, resilience, and wisdom. The actress and humanitarian suggests that life's challenges teach valuable lessons and open new perspectives. Her own journey reflects this belief, showing how adversity can become a powerful force for self-discovery, strength, and transformation.

22 Jun 2026 6:04 pm
Unruly aircraft passenger bites fellow flyer, tries to fight everyone aboard American Airlines flight

An American Airlines flight to Philadelphia descended into chaos Sunday when a passenger allegedly bit another traveler and attempted to fight others. The pilot urgently requested police and medical personnel to meet the plane upon landing, describing the situation as severe. This incident adds to a recent surge in disruptive passenger behavior on commercial flights, highlighting ongoing concerns.

22 Jun 2026 6:03 pm
Telegram ban in India triggered biggest VPN download surge of 2026

Following government restrictions on Telegram due to exam leak fears, Indians rapidly downloaded VPNs and alternative messaging apps. VPN downloads surged dramatically, with some Telegram-linked apps seeing over 6,000% increases. While some students supported the move to ensure exam integrity, privacy advocates criticised the broad ban, highlighting users' immediate adoption of workarounds.

22 Jun 2026 6:00 pm
Amazon Prime Day 2026: When is Prime Day in U. S? e-Retail giant offers massive deals on groceries, household goods, travel, school items

Prime Day 2026 in U. S: Amazon has highlighted deals on groceries, household goods, travel and school items, and said fresh food and essentials are becoming a larger part of Prime members' baskets as it expands same-day delivery.

22 Jun 2026 5:59 pm
Resort charged Rs 15 extra on Mountain Dew, Haryana court orders Rs 10,000 compensation

A Haryana district consumer court has ordered Lali Resort to refund Rs 75 and pay Rs 10,000 in compensation after a customer was allegedly charged Rs 50 for each Mountain Dew bottle marked at Rs 35. The commission held that the resorts conduct amounted to deficiency in service.

22 Jun 2026 5:56 pm
MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay Malhotra

RBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He noted strong credit growth in Kerala's MSME sector and detailed RBI's initiatives to bridge credit gaps, including enhanced collateral-free loans and the Trade Receivables Discounting System. Banks were urged to partner with MSMEs, with the upcoming Unified Lending Interface set to simplify credit access.

22 Jun 2026 5:53 pm
The new rules of business: AI, innovation and strategic leadership for long-term success

AI, emerging technologies, evolving workforce expectations, and global uncertainty are reshaping the rules of business. As organisations navigate this period of rapid change, leadership decisions are becoming more consequential than ever. From technology adoption and talent strategy to innovation and transformation, the choices made today will play a crucial role in determining long-term growth, resilience, and relevance.

22 Jun 2026 5:52 pm
Nearly 30% of pedestrian deaths occur on national highways, not just city roads

Shocking data reveals nearly 30% of over 1.8 lakh pedestrian deaths between 2019-2024 occurred on national highways, not just busy cities. With over 30,500 pedestrian fatalities annually, the lack of safe footpaths and crossing infrastructure is a critical issue. The Supreme Court has emphasized the right to walk safely, highlighting the urgent need for better road design and implementation across all road types.

22 Jun 2026 5:50 pm
Psychology says sisters who behave like mothers are not controlling: Why some girls naturally become the second parent in the family

Psychology suggests that sisters who often behave like mothers are rarely trying to control everyone around them. More often, they are responding to years of learned responsibility, emotional attachment, and a deep sense of protectiveness. Humans are naturally wired for connection, and for some sisters, caring for others becomes one of the ways they express love and maintain that bond.

22 Jun 2026 5:47 pm
Chinese idiom of the day: 'The old man loses his horse' - this Chinese saying reveals why bad luck may actually be good luck

Chinese idiom of the day: Fortune and misfortune are often intertwined. What initially seems like a setback can lead to unexpected blessings, and vice versa. This timeless wisdom encourages patience and perspective, reminding us that life's unpredictable turns require resilience and a balanced outlook, as circumstances can shift.

22 Jun 2026 5:42 pm
Gold price prediction: Gold rate futures fall big, what to expect for bullion?

Gold rate today: Gold rate is driven by a number of factors including U.S.-Iran war.

22 Jun 2026 5:41 pm
Psychology says people who repeat a few phrases again and again while speaking: What repeated phrases reveal about communication and human behaviour

Psychology says people who repeat a few phrases again and again while speaking because repeated words and expressions can reflect thinking habits, emotional state, memory, confidence, and communication style. Psychology explains that this behaviour does not always point to a problem. It may help people organize thoughts, reduce stress, or keep conversations flowing. Understanding this pattern can improve communication and help people become more aware of their speaking habits.

22 Jun 2026 5:39 pm
40-kg weight loss: How this nutrition coach lost 40 kgs without crash diets or endless hours in the gym

Certified nutrition coach Vanishka Khurana achieved a remarkable 40 kg weight loss over three years by embracing consistency and a balanced approach. She emphasized a personalized nutrition plan, avoiding crash diets, and prioritizing protein while maintaining a calorie deficit. Incorporating favorite foods in moderation, planning ahead, and engaging in regular strength training and daily activity were key.

22 Jun 2026 5:39 pm
West Bengal's Rs 4.39 lakh crore Budget under BJP aims to bury 'syndicate raj', woo investors

West Bengal's new government unveiled a Rs 4.39 lakh crore budget prioritizing fiscal restructuring and job creation. Finance Minister Swapan Dasgupta announced measures to boost ease of doing business, safeguard lawful enterprises, and revive key sectors. The budget also includes plans for new educational institutions, infrastructure development, and increased government employee allowances, aiming to transform the state into an industry-friendly hub.

22 Jun 2026 5:38 pm
At least 12 students killed as fire engulfs commercial building housing coaching centre in Lucknow's Aliganj

A devastating fire claimed at least 14 lives in a Lucknow building housing a coaching center and pet clinic. Deputy Chief Minister Brajesh Pathak confirmed seeing the bodies. The blaze erupted Monday afternoon, prompting a massive rescue effort involving multiple agencies. Students were trapped, with dramatic escapes witnessed. Search operations continued amidst heavy smoke, with the cause of the fire under investigation.

22 Jun 2026 5:36 pm
West Bengal plans new law to curb syndicate charges and improve ease of doing business

West Bengal's new government has unveiled a budget prioritizing North Bengal, tourism, and industry, with a significant move to combat 'syndicate charges' and extortion. A new legislation aims to protect lawful businesses, boost investor confidence, and enhance employment. This initiative seeks to create a more favorable business environment, addressing long-standing grievances and attracting domestic and foreign investment.

22 Jun 2026 5:34 pm
Chinese Proverb of the Day: Those who say it cannot be done should Life lessons on determination, perseverance, innovation, confidence, and why where theres a will, theres a way

Chinese Proverb of the Day highlights the meaning of Those who say it cannot be done should not interrupt the people doing it. The saying emphasizes the contrast between those who focus on obstacles and those who take action. It suggests that progress is often achieved by individuals who remain committed to their goals despite skepticism, criticism, or doubt from others. The proverb encourages confidence, perseverance, and a solution-oriented mindset, reminding us that many accomplishments becom

22 Jun 2026 5:31 pm
What is a Kill Switch and how does it work? The new technology aimed at making stolen smartphones worthless

UK telecom giants Virgin Media O2 and VodafoneThree are rolling out a new 'kill switch' to combat rising mobile phone theft. This technology renders newly stolen, unsold smartphones completely unusable, significantly reducing their black market value. While not a complete solution, it aims to deter organized retail crime by making stolen devices worthless to thieves and disrupting the illicit trade.

22 Jun 2026 5:28 pm
Psychology says people who like to make their bed properly everyday: What this daily habit reveals about personality and mindset

Psychology says people who like to make their bed properly everyday because this simple habit is often linked with routine, self-control, responsibility, and goal-oriented thinking. While making the bed does not define a person's personality, psychology explains that regular daily habits can reflect behavior patterns. This article explains what psychology says, why people do it, the theories behind it, and the life lessons that can be learned.

22 Jun 2026 5:19 pm
Quote of the Day by Nikolai Gogol: The human obsession with purpose is merely a distraction from the absurdity of... Could the endless search for meaning be stopping us from truly living, and what profound life lesson does Gogols wisdom reveal about success, uncertainty, and happiness?

Quote of the Day by Nikolai Gogol: In a world obsessed with finding purpose, Nikolai Gogol offered a startlingly different perspective. His timeless quote challenges modern ideas of success and meaning, suggesting that life's deepest wisdom may emerge not from certainty, but from learning to embrace uncertainty, contradiction, and the beauty of simply being alive.

22 Jun 2026 5:19 pm
Inflationary pressures, reduction in discretionary cash flows may impact collection of MFIs: Report

Microfinance borrowers' repayment behavior may face challenges from inflation and reduced household cash, though the West Asia conflict hasn't directly impacted the sector. El Nino's effect on rural incomes also warrants attention. While Karnataka saw collection dips after new regulations, Tamil Nadu and Bihar adapted effectively. Stricter lending guardrails have significantly improved securitised loan pool performance, reducing overdue build-up by limiting exposure to over-leveraged borrowers.

22 Jun 2026 5:14 pm
'Your company won't collapse if you got to bathroom': WFH employee shares how he beats remote work burnout

Remote work offers flexibility but can lead to burnout due to blurred boundaries. A Reddit user shared practical tips to combat this, emphasizing treating home as a sanctuary, not just an office. Key advice includes muting devices during breaks, physically storing work items away, and incorporating short movement breaks. These simple habits aim to create much-needed separation, preventing constant work-related stress and promoting mental well-being.

22 Jun 2026 5:09 pm
Alan Greenspan, longtime Fed chair who shaped US economic policy for nearly two decades, dies at 100

Former Federal Reserve Chairman Alan Greenspan, a towering figure in American economic policy, has passed away at 100. He guided the nation's monetary policy through five presidential terms. His wife, Andrea Mitchell, confirmed his death at their home, citing complications from Parkinson's Disease. Greenspan's long tenure left an indelible mark on the U.S. economy.

22 Jun 2026 4:52 pm
Who is Andy Burnham, the Labour leader tipped to replace UK PM Keir Starmer and why is he called King of North?

Who is Andy Burnham?: Andy Burnham is emerging as the frontrunner to succeed Keir Starmer as British Prime Minister following his return to Parliament. Having previously served in senior government roles and as Mayor of Greater Manchester, Burnham, nicknamed King of the North for his advocacy, has reshaped the region with a focus on devolution and public services. His recent by-election win strengthens his position for a potential leadership bid.

22 Jun 2026 4:52 pm
Renault ships first batch of India-made Duster SUVs to South Africa

Renault India has commenced exporting its all-new Duster SUV, with an initial shipment of 750 units dispatched to South Africa. This move underscores India's growing importance as a manufacturing and export hub for the French automaker, aligning with its futuREady strategy.

22 Jun 2026 4:45 pm
Aravalli Biodiversity Park helps Delhi retain 3 million litres of rainwater, reduce flooding: Study

Delhi's Aravalli Biodiversity Park is a vital green lung, retaining nearly three million litres of rainwater annually and significantly reducing flood risks. This restored forest, once a degraded mining site, now boasts over 2 lakh trees that also combat air pollution and act as a substantial carbon sink. Researchers highlight its crucial role in groundwater recharge and its transformation into a resilient ecosystem supporting rich biodiversity.

22 Jun 2026 4:44 pm
Study identifies 74 locations in human genome related to anxiety symptoms

Scientists have pinpointed 74 genetic locations linked to anxiety symptoms, with 39 being newly identified. This extensive research, involving over 690,000 individuals, reveals the largest number of anxiety-related genetic associations to date. The study emphasizes that while genetics play a role, environmental factors and life experiences significantly influence anxiety development, highlighting the need to address these for population-level reduction.

22 Jun 2026 4:43 pm
Taylor Swift's bachelorette party rumours grow after fireworks light up at her Rhode Island property. Check speculated wedding details

Taylor Swift's Rhode Island estate became the centre of fresh wedding speculation after fireworks were spotted near the property and several of her close friends were seen visiting the mansion. Reports suggest the gathering may have been a private pre-wedding celebration ahead of her reported marriage to Travis Kelce, though neither star has confirmed any wedding plans. Swift was also reportedly seen leaving the area by private jet, adding to the buzz surrounding the couple's next steps.

22 Jun 2026 4:40 pm
Quote of the day by Terry Pratchett: 'It occurred to me that at one point it was like I had two diseases - one was Alzheimer's, and the other was knowing I had Alzheimer's', the British author's heartbreaking quote on awareness and suffering

Renowned author Terry Pratchett, celebrated for his Discworld series, bravely shared his personal battle with Alzheimer's. His poignant words, It occurred to me that at one point it was like I had two diseases - one was Alzheimer's, and the other was knowing I had Alzheimer's, captured the profound emotional toll of the illness.

22 Jun 2026 4:34 pm
French saying of the day: Dont teach the old monkey to make a face What does it really mean?

French wisdom offers a colourful saying, On napprend pas au vieux singe faire la grimace, meaning you shouldn't try to teach someone what they already excel at. This expression highlights the value of experience, cautioning against offering basic advice to seasoned professionals. It's a reminder that expertise, honed over years, often needs no instruction, encouraging respect for those who have mastered their craft.

22 Jun 2026 4:33 pm
Andy Burnham will run to succeed Keir Starmer as British prime minister

Former Greater Manchester Mayor Andy Burnham has announced his bid to lead the Labour Party and potentially become Prime Minister, following Keir Starmer's departure. Burnham stated his intention to participate in the leadership process, emphasising a need for stability and a focus on key national issues. Notably, former Health Secretary Wes Streeting has declared his support for Burnham, potentially averting a leadership contest.

22 Jun 2026 4:30 pm
Not just a pretty fruit: 7 Rambutan benefits for everyday health

Rambutan (Lychee) is a tropical fruit that resembles lychee and offers several health benefits. From supporting immunity and digestion to helping with hydration and skin health, this nutrient-rich fruit can be a refreshing addition to your diet. Here are seven reasons why rambutan deserves a place on your plate.

22 Jun 2026 4:30 pm
Central Drugs Laboratories find 46 drug samples not of standard quality for May

Health officials revealed that in May 2026, 46 drug samples tested by Central Drugs Laboratories and 113 by State Drugs Testing Laboratories were found to be of substandard quality. Additionally, one spurious drug, manufactured by an unauthorized entity using another company's brand, was identified in Assam and is under investigation. These findings highlight ongoing efforts to ensure drug safety and remove substandard products from circulation.

22 Jun 2026 4:29 pm
Psychology says people who only like to buy clothes in stores and not online are not outdated: Why the brain still trusts touch more than algorithms

Psychology suggests that people who prefer buying clothes in physical stores are rarely being old-fashioned. More often, they are responding to the way the human brain naturally makes decisions.

22 Jun 2026 4:28 pm
IPO-bound Laxyo expands operations in Africa; bags Rs 200-crore order in Zambia

Indore-based Laxyo Ltd has significantly expanded its global footprint by securing a substantial Rs 200-crore raise-boring contract in Zambia. This marks the company's inaugural overseas project in this specialized mining technique, contributing significantly to its order book. The move positions Laxyo among international industry leaders and is a key step in its international growth strategy.

22 Jun 2026 4:27 pm
Quote of the day by famous American psychologist Albert Ellis: The best years of your life are the ones in which you decide your problems are your own.

Psychologist Albert Ellis's Rational Emotive Behaviour Therapy (REBT) emphasizes emotional responsibility, asserting that individuals control their feelings by challenging irrational beliefs. His quote of the day, 'The best years of your life are the ones in which you decide your problems are your own,' highlights reclaiming agency. In today's blame-focused world, REBT offers a vital path to mental resilience by fostering self-accountability and internal peace, rather than external validation.

22 Jun 2026 4:27 pm
India imposes anti-dumping duty on chemical imported from China, EU, US

India has slapped a five-year anti-dumping duty on a key chemical used in rubber and tyre manufacturing, imported from China, the EU, and the US. This move follows a recommendation by the Directorate General of Trade Remedies, citing dumped imports causing material injury to domestic producers. Additional duties have also been extended on Aluminium Foil and imposed on Polyethylene Terephthalate resin from China, aiming to ensure fair trade.

22 Jun 2026 4:20 pm
Green residential developments can reduce water consumption by 30-50%: Report

India's burgeoning green building sector faces a transparency gap, hindering homebuyers' ability to assess sustainability. To address this, Square Yards has launched the Green Living Index, a standardized framework to measure and compare residential project credentials. This initiative aims to empower consumers with clear, data-driven insights into energy efficiency, water conservation, and overall environmental impact, crucial for India's rapid urbanization and Net-Zero goals.

22 Jun 2026 4:06 pm
Nayara Energy crosses 7,000 petrol pumps in India

Nayara Energy, backed by Russia's Rosneft, has surpassed 7,000 petrol pumps nationwide, solidifying its status as India's leading private fuel retailer. The company has rapidly expanded its network, adding over 500 outlets in just 18 months, with a significant presence in rural areas. This growth not only enhances fuel accessibility but also supports over 55,000 livelihoods through its dealer partnerships, aligning with its 'In India for India' vision.

22 Jun 2026 3:54 pm
Quote of the day by Liam Neeson: The weird thing about grief is you can't prepare for it. You think you are going to cry and get it over with. You make those plans, but they never work

Liam Neeson's poignant quote of the day shows that grief is unpredictable, defying our attempts to schedule or control it. Reflecting on his wife Natasha Richardson's tragic death, he found that even immersing himself in work couldn't shield him from sorrow's sudden onslaught. His words challenge our modern 'bounce-back' culture, urging radical patience for the messy, unscripted journey of healing.

22 Jun 2026 3:54 pm
Petrol, diesel margins back to above pre-conflict levels: Report

State-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government excise duty cuts have aided this recovery, rising debt levels and potential tax increases pose risks to long-term earnings. Analysts anticipate better performance from the second quarter onwards, especially if oil prices remain below $80 per barrel, with BPCL and IOC seen as preferred investments.

22 Jun 2026 3:52 pm
Famous proverb of the day: The happiest people don't have the best of everything; they make the best of everything. What it teaches about finding happiness in life

In a world obsessed with possessions, a timeless proverb reveals a different path to contentment. It states, 'The happiest people don't have the best of everything; they make the best of everything.' This wisdom emphasizes that true happiness stems not from ideal circumstances, but from appreciating and adapting to what we already have.

22 Jun 2026 3:42 pm
Nihang-admin standoff continues at Uttarakhand gurudwara; Army deployed

A tense 40-hour standoff persists in Rudraprayag, Uttarakhand, where armed Nihangs are holding a Sikh devotee hostage at a gurudwara. Army troops have reached Nagrasu as police and ITBP personnel maintain their positions. The group is demanding the release of four sect members arrested after a June 16 clash in Chamoli. Officials confirmed the ongoing situation.

22 Jun 2026 3:37 pm