The Economic Times
Elections 2026Economy / The Economic Times
Noida and Greater Noida schools for Classes 1-8 are now operating on a reduced schedule, from 7 AM to 12 PM, due to persistent heat. This directive, effective June 29, 2026, aims to shield young students from high daytime temperatures and potential heat-related illnesses. The administration urges everyone to stay hydrated and avoid peak afternoon sun until the monsoon brings relief.
A significant fire erupted at the Haldia Refinery in West Bengal early Tuesday morning, originating from a naphtha-carrying pipeline. Several workers are reported to have sustained injuries in the sudden blaze, which occurred between 4:00 and 4:30 AM. Further details regarding the incident are still emerging.
Gabriel Martinelli scored a dramatic 96th-minute winner as Brazil mounted a thrilling second-half comeback to defeat Japan 2-1, securing a hard-fought ticket to the FIFA World Cup 2026 Round of 16 in front of a packed stadium on Monday (local time).
Germany's World Cup dreams were shattered in a stunning upset as Paraguay triumphed in a dramatic Round of 32 clash. After a tense 1-1 draw through extra time, Paraguay clinched a 4-3 penalty shootout victory, fueled by a heroic goalkeeping performance and a decisive spot-kick. A disallowed German extra-time goal and missed penalties proved costly for the four-time champions, marking an early exit.
Democrat Congressman Ro Khanna asserted the US-India relationship is at a 30-year low, blaming President Trump's unilateral foreign policy, particularly towards Iran, for harming India's economy and damaging US credibility. He criticized trade disputes and highlighted a loss of trust. Khanna contrasted Trump with FDR, emphasizing the need to rebuild global ties. This comes after USISPF's Al Mason claimed US Ambassador Sergio Gor revitalized the Trump-Modi relationship.
India is reportedly planning to push for Pakistan's return to the FATF 'Grey List' at the upcoming October meeting. New Delhi may present evidence, including videos, suggesting Islamabad's continued support for terror outfits. This move aims to hold Pakistan accountable for alleged proliferation of non-state actors and the use of its financial system for terror activities, despite Pakistan's recent mediation efforts in the US-Iran conflict.
India's new T20I era under captain Shreyas Iyer kicks off against England on July 1, 2026, in Chester-le-Street. This five-match series is crucial preparation for the 2028 T20 World Cup and the Olympics. With a blend of seasoned players and exciting young talent like Vaibhav Sooryavanshi, India aims to build momentum. England, led by Harry Brook, seeks redemption after their World Cup semi-final loss.
President Trump is set to fly on a new Air Force One, a Boeing 747 gifted by Qatar, for a trip to North Dakota this Wednesday. This move, however, has sparked significant ethical and constitutional debate, with critics questioning the acceptance of such a valuable present from a foreign nation. The White House maintains the aircraft is a gift to the Department of Defense.
Emerging technologies like AI and semiconductors will spearhead India-US cooperation, according to Ambassador Vinay Mohan Kwatra. India is becoming a key player in global value chains, attracting investment for production diversification. The nation's economy, projected to reach $7 trillion by 2030, is an indispensable anchor for global growth amidst uncertainty. Kwatra highlighted Atmanirbhar Bharat as a strategy for globally competitive manufacturing, not isolation.
NATO leaders face a critical challenge in Ankara: transforming increased defence budgets into actual weapons. Despite significant spending hikes, Europe struggles with production capacity, long wait times, and fragmented markets. Ukraine's wartime innovation, particularly in drones, offers a stark contrast and a potential model for Europe to outproduce and outgun Russia, a crucial step towards greater self-reliance.
The FIFA World Cup 2026 knockout stage kicked off with Canada making history by securing their first-ever knockout win against South Africa. Brazil narrowly defeated Japan with a last-gasp goal, while Paraguay delivered a stunning upset, eliminating four-time champions Germany in a dramatic penalty shootout. These thrilling Round of 32 encounters have set an exciting tone for the rest of the tournament.
To illustrate the deepening personal connection between the two administrations, the envoy revealed that US Secretary of State Marco Rubio was so profoundly captivated by his maiden official visit to India in May that he is already actively coordinating a return trip before the end of the year.
India's southwest monsoon is intensifying, bringing widespread rain, thunderstorms, and strong winds across numerous states. The India Meteorological Department has issued alerts for heavy downpours and lightning, with the monsoon expected to advance further north soon. Residents in Delhi-NCR, Maharashtra, Rajasthan, and other regions can anticipate relief from heat as temperatures are forecast to fall significantly. Stay updated on local advisories.
US Ambassador to India Sergio Gor announced the India-US bilateral trade agreement is nearing completion, with only minor legal details remaining. He highlighted a strong win-win commitment from President Trump and revealed the US Embassy in New Delhi facilitated $20.5 billion in new US investments this year, significantly outpacing European counterparts. Gor emphasized the robust state of the relationship across trade, defense, and people-to-people ties, dismissing any notions of friction.
The US and Iran face a tight deadline to finalize a peace deal, yet remain divided over an interim agreement. Disagreements persist regarding the Strait of Hormuz and the ongoing conflict in Lebanon, with both nations engaging in military actions. While the US claims a meeting is scheduled, Iran denies it, highlighting the complex and sensitive nature of the negotiations.
From mythological horror and mystery adventures to romantic dramas and fresh Indian originals, this week's OTT lineup has something for every viewer. Between June 29 and July 5, streaming platforms are bringing new films and series, including Tavvai, Enola Holmes 3, Elle, Super Subbu, Isakapatnam, Pritam and Pedro and Muthassi, along with the return of Sullivan's Crossing Season 4. Read on to know when and where to watch them online.
Sensitive data, including component lists and photos of upcoming iPhone 18 Pro models, has been leaked onto the dark web by a ransomware group targeting Tata Electronics, Apple's Indian supplier. This breach exposes crucial details about Apple's supply chain, potentially impacting its business relationships and revealing manufacturing secrets to rivals. The leak occurs as India's role in iPhone production significantly expands.
A JetBlue flight approaching JFK Airport reported a collision with a drone at 3,000 feet. The FAA is investigating the incident, which occurred as the plane crossed the coastline. While the aircraft landed safely and inspections revealed no damage, the event highlights growing concerns about drone activity near airports. Drones are typically restricted to below 400 feet, but many can fly much higher, posing a significant risk.
African proverb of the day: An African saying illustrates the essence of unity in diversity. This wisdom emphasizes that differences in culture, belief, or lifestyle need not breed conflict. Instead, it advocates for mutual respect and acceptance, allowing individuals to retain their unique identities while coexisting harmoniously.
Indian air-conditioning manufacturers are increasingly attracted to the European market as they respond to rising demand driven by intense heatwaves and climate change awareness. Competing against lower-cost Chinese and South Korean brands is challenging, yet Indian companies are poised to comply with strict European regulations.
India's banking sector is experiencing significant leadership shifts, with multiple CFOs and senior executives departing private banks and even major institutions like LIC and SBI. This talent churn, driven by regulatory complexities and new opportunities, is creating a domino effect across the industry. Several banks are actively seeking new financial leaders, while some are also preparing for CEO transitions, highlighting a period of considerable flux.
India is streamlining the site selection process for new nuclear power plants to accelerate atomic energy expansion. A simplified checklist approach is being explored, shifting initial site evaluation responsibility to private developers. This aims to cut lengthy approval times, crucial for achieving ambitious capacity targets and encouraging private sector participation in nuclear generation.
Quote of the day by Keanu Reeves: Actor Keanu Reeves' quote underscores the vital importance of direction in human endeavors. Reeves emphasizes that our thoughts, emotions, and actions, when channeled with purpose, create significant impacts, influencing ourselves and those around us.
Quote of the day by Clint Eastwood: Clint Eastwood's wisdom suggests that deep-seated prejudice often stems from personal insecurity. When individuals doubt themselves, they may lash out at those perceived as different, fostering rigid viewpoints. Conversely, self-confidence allows for greater openness and acceptance of diverse perspectives.
Hidden galaxy 11 billion light-years away: Scientists have identified a distant, dust-shrouded galaxy, nicknamed Shadow Blaster, as the most likely source of a powerful neutrino detected in Antarctica.
A Bengaluru tech professional earning Rs 45 lakh annually confessed to feeling 'broke' due to his spending habits. His monthly expenses, including a Rs 63,000 home loan EMI and Rs 32,000 on discretionary spending like shopping and vacations, leave him with nothing at month's end. This revelation has sparked widespread online debate about financial management.
Actress Madhoo Shah, famed for her roles in 'Roja' and 'Phool Aur Kaante', has unveiled her opulent Malabar Hill residence. Valued at Rs 100 crore, the palatial home, designed with a soothing beige and earthy brown palette, showcases a strong Victorian influence, a nod to her family's London ties. The expansive abode is adorned with vintage collectibles and religious motifs, exuding timeless elegance and historical charm.
Dow Jones, S&P 500 and Nasdaq today June 29: The US stock market started the shortened trading week with solid gains as the Dow Jones closed above 52,000 for the first time. The S&P 500 and Nasdaq also advanced, supported by strong technology stocks led by Alphabet and semiconductor companies.
Oscar Wilde's timeless, iconic, darkly witty quote, Experience is merely the name men gave to their mistakes, offers profound insight into personal growth. Modern psychology affirms that failures, not perfection, forge wisdom. Our missteps, regrets, and unexpected turns are the true architects of character, transforming pain into valuable perspective. Embracing imperfection is key to a meaningful, evolving life.
Quote of the day by John Cena: John Cena emphasizes the vital role of loyalty and respect in building strong relationships, both personal and professional. He advocates for unwavering loyalty to those who reciprocate it, while urging universal respect, even for adversaries.
Psychology says people who set multiple alarms even when one is enough aren't always unmotivated or careless. Psychology suggests this habit may be linked to anxiety, fear of oversleeping, stress, poor sleep quality, or the need to feel prepared before starting the day. Understanding the reasons behind repeated alarms can help people improve sleep habits, reduce morning stress, and build a healthier daily routine.
India's established media giants like Yash Raj Films, Zee Entertainment, and Saregama are strategically investing in digital-first platforms and creator-led businesses. This move aims to capture the growing mobile-first audience by developing new intellectual property in micro-dramas and vertical content. These investments signal a significant shift towards embracing emerging entertainment formats to ensure future growth and relevance in the evolving media landscape.
Home sales experienced a notable dip in the June quarter, marking the slowest performance since early 2023. Persistent global uncertainties and supply chain issues have dampened buyer sentiment. Despite this, new project launches saw an annual increase, particularly in premium segments and infrastructure-driven areas. While most major cities saw sales decline, Kolkata, Hyderabad, and Bengaluru registered modest yearly growth.
NASA discovers extreme planet: Astronomers are witnessing an alien world's dramatic transformation thanks to the James Webb Space Telescope. HD 80606 b, a gas giant, experiences a staggering 1,100F temperature surge as it hurtles towards its star.
Europes severe heat wave is forcing many to finally consider home cooling, an idea they had long resisted for reasons ranging from socio-cultural factors to urban design and climate change.
Psychology says people who keep keys, phones, purse on the same place every day aren't simply following a routine without purpose. Psychology suggests this habit helps reduce mental effort, lowers stress linked to searching for everyday items, and supports better organization. The behavior may reflect planning, consistency, and habit formation. Experts also say this routine allows the brain to focus on more important tasks instead of repeated small decisions.
The framework will apply to all electricity sector data created and maintained by power generating companies, transmission licensees, distribution licensees, load despatch centres, regulatory commissions, government agencies including Central Electricity Authority, Grid India and power exchanges, among others.
Gabriel Martinelli's dramatic 95th-minute strike secured Brazil a thrilling 2-1 victory over Japan, propelling them into the World Cup last 16. After falling behind to Kaishu Sano's solo effort, veteran Casemiro equalized for the five-time champions. The win sets up a knockout clash against Ivory Coast or Norway, with Brazil showcasing resilience despite a tough challenge from the spirited Japanese side.
The move marks the return of the Invesco-managed fund to the broadcaster's shareholder base, nearly three years after it exited the company. According to DPIIT data, the investment was received under the foreign direct investment (FDI) route for acquisition of shares during the January-March quarter of FY26.
India's banking sector is set to gain a powerful new weapon against digital fraud. The National Payments Corporation of India (NPCI) has initiated a pilot for an AI model that can detect and track stolen money in real-time as it moves across bank accounts. This innovative technology aims to intercept fraudulent transactions before funds vanish, significantly reducing losses for victims and bolstering the security of digital payments across the nation.
Car manufacturers are scaling back discounts on budget-friendly hatchbacks and entry-level models, indicating a robust recovery in mass-market demand following GST rate reductions. Maruti Suzuki and Tata Motors have significantly lowered or removed incentives on popular models like the Wagon R, Baleno, Tiago, and Punch. This shift reflects renewed confidence in affordable vehicles, with sales of smaller cars showing a substantial uptick.
The central bank's bond buyback saw a lukewarm market reception, attracting significantly less than the offered amount despite a liquidity deficit in the banking system. Banks held back, anticipating future inflows and preferring short-term papers. Meanwhile, the benchmark 10-year government bond yield dipped to its lowest since March, buoyed by falling oil prices and record overseas portfolio investments.
Quote of the Day by Bruce Willis: Bruce Willis quote, Who I am as a father is far more important to me than the public perception, explores the importance of family, authentic character, and personal values over fame or public opinion. The quote suggests that a person's true success is measured not by how they are viewed by the world, but by the love, responsibility, and example they provide to those closest to them.
Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM Financial ARC's bid to recover more from KSK Mahanadi Power via guarantees was dismissed, as the tribunal found their admitted dues were already fully satisfied. This landmark judgment clarifies that approved resolution plans are binding, preventing further claims outside their scope.
Kumar (66), a seasoned public policy leader and financial sector reformer, is widely credited with playing a key role in revitalising India's banking and financial system during a period of significant stress between 2017 and 2020. During his tenure, he strengthened governance, risk management and regulatory oversight across banks by institutionalising specialised monitoring of large exposures and introducing technology-driven risk assessment systems.
Deep within the Mexican jungle, archaeologists have unearthed a remarkably intact Maya city, named Minanb, hidden for over a millennium. This remote discovery, found after a arduous trek, boasts unique carved stelae and altars, with one dating to 849 CE, offering crucial insights into the civilization just before its collapse. The site's intact nature promises significant revelations about Maya history.

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