The Economic Times

Reserve Bank Deputy Governor Swaminathan J urged internal ombudsmen to ensure fair complaint resolutions. He asked them to identify recurring issues and implement remedial measures effectively. An empowered internal ombudsman mechanism reduces external escalations significantly. The conference focused on faster, higher-quality resolutions and systemic improvements. Participants exchanged views on enhancing the internal ombudsman framework's effectiveness.

India has notified procedures for tariff concessions under its free trade agreement with Oman. This agreement, which came into effect on June 1, offers reduced import duties on specific Omani goods. Items like dates and marble will benefit from these quota-based tariff reductions. The Directorate General of Foreign Trade issued the public notice regarding these tariff rate quotas.

Quote of the day by Ivana Trump offers a timeless life lesson to value every moment. Life is precious because it is limited, and each day presents opportunities to grow, connect, and experience joy. By maintaining balance, practicing gratitude, nurturing relationships, pursuing meaningful passions, and facing challenges with resilience, individuals can create lives filled with purpose and happiness. Instead of waiting for perfect circumstances, we should appreciate the present and embrace each d

Fireworks, thunderstorms, construction sounds, and loud traffic can trigger dog noise anxiety in millions of pets. Veterinary experts say this fear often grows without early care. Watch for shaking, hiding, pacing, heavy panting, or escape attempts. These are real stress signals, not bad behavior. A quiet safe space, calm reassurance, and timely veterinary advice can reduce anxiety and protect your dog's health before the next loud event.

Psychology says people who like to take their vehicle over stagnant water accumulated over road after rain at high speed aren't always acting without purpose. Psychology explains that this behavior can be linked to sensation seeking, thrill seeking, reward processing, risk perception, and impulse control. Experts say the behavior may provide temporary excitement, but it also increases the chances of accidents, vehicle damage, and inconvenience to other road users.

India's aviation regulator DGCA has approved electronic logbooks for Air India's Boeing aircraft. This digital system will replace most paper-based maintenance records for these planes. Real-time information sharing will improve coordination and speed up defect reporting.

Jio Platforms has appointed Pankaj Pawar as its new chief executive officer. This leadership change occurs ahead of the company's planned initial public offering. The company aims to raise approximately USD 4 billion through this significant stock offering. Jio Platforms seeks to unlock value from its diverse telecom and digital services businesses. This upcoming IPO is poised to become the largest in India's history.

Engineering exports rose nearly twenty-one percent year-on-year in June. This growth reached eleven point four eight billion dollars, reflecting sector resilience. Cumulative exports for the first quarter also showed an eighteen percent increase. Free trade agreements and market diversification contributed to this strong performance.

Quote of the Day by Clark Gable: Clark Gables quote, When it's over it's over. No questions, no tears, no farewell kisses, explores the importance of acceptance, emotional resilience, and knowing when to let go. The quote suggests that not every ending comes with explanations or closure, and holding on to what has already ended can make it harder to move forward. Instead, it encourages people to accept life's endings with dignity, focus on healing, and embrace new beginnings rather than dwelling

President Donald Trump announced the United States is reinstating a naval blockade on Iran. He stated the U.S. will be reimbursed twenty percent on all cargo shipped through the Strait of Hormuz. Iran claimed it had closed the vital waterway following an unauthorized transit. U.S. and Iranian forces exchanged missile and drone attacks over the weekend. This escalation casts doubt on a recent interim agreement to reopen the strait.

Psychology suggests that people who give long hugs aren't necessarily more emotional or dependent than others. The value of a hug depends less on its length and more on whether it is genuine, respectful, and welcomed by both people.

Small business credit exposure grew by 13.4 percent to Rs 49.2 lakh crore by March 2026. Asset quality improved, with overdue balances now at four percent. Sole proprietorship concerns led this significant portfolio expansion. State-run banks showed accelerated enterprise term loan portfolio growth. Manufacturing sector received thirty-one percent of these small business loans.

How did Lindsey Graham die? Republican Senator Lindsey Graham died from a natural cardiovascular cause. Preliminary findings indicate an aortic rupture due to hardening of the arteries. Poisoning theories emerged from MAGA supporters that either Russia or Iran might have poisoned him. US officials have found no evidence of foul play in his sudden passing.

In a chat with celebrity nutritionist Ryan Fernando, actress Samantha Ruth Prabhu admitted that her daily diet was extremely boring and she ate the same food daily. Her diet mostly comprised of food items which would not trigger her inflammation.

HDFC Bank reduced its workforce by 3,343 employees during the last fiscal year. The bank's total balance sheet expanded by twelve percent to over forty-three trillion rupees. Employee attrition stood at twenty-three percent, while senior management roles saw an increase.

India's exports to West Asia grew 7.29 percent to USD 5 billion in June. Shipments to the UAE increased while those to Saudi Arabia saw a decline. Imports from the UAE and Oman registered positive growth during this period. Indian exporters are utilizing Omani ports to facilitate regional trade. The US-Iran conflict had previously impacted international shipping routes.

Kharif crop sowing is 16 percent lower this season. This delay is attributed to a weak monsoon and El Nino effects. Area under pulses and coarse cereals has significantly declined. Oilseeds and cotton coverage also shows a notable decrease. Sugarcane and jute acreage, however, have seen slight increases.

Quote of the Day by Demi Moore: Demi Moores quote, You have to acknowledge a problem exists before you can actually go about finding a solution, highlights the importance of honesty, self-awareness, and accountability in overcoming challenges. The quote suggests that meaningful change begins only when people accept reality instead of denying or avoiding it. By recognizing a problem, individuals create the opportunity to understand its cause, make informed decisions, and take practical steps towa

Quote of the Day by Bette Davis: Bette Davis's quote emphasizes embracing one's true self over seeking external approval. Authenticity requires courage and fosters genuine self-respect, which is invaluable. Her life demonstrated strength and integrity both on and off the screen. Modern society often pressures individuals to present idealized versions of themselves. Davis's message encourages valuing character and honesty over fleeting popularity.

Apurva Shrivastava, an Indian-origin entrepreneur who studied in MIT, founded Avoca after observing missed customer calls. This AI startup now helps home service businesses avoid lost sales and revenue. Apurva Shrivastava grew up in Michigan and helped his parents in their business, from where he originated the idea of Avoca. The company recently achieved a $1 billion valuation after significant investor funding.

Dr Bill Lumsden, Glenmorangie's Director of Whisky Creation, Distilling & Whisky Stocks, shares how his decades-long approach to whisky making blends scientific precision with creative experimentation while staying rooted in flavour. In the interview, he discusses what defines a luxury whisky, why innovation should always enhance taste rather than chase novelty, and how changing consumer preferences are driving demand for authenticity, craftsmanship and immersive whisky experiences.

Aditya Birla Group announced acquiring Sprng Energy for $1.8 billion. This significant deal expands the group's renewable energy portfolio substantially. The acquisition includes utility-scale solar, wind, and hybrid assets across India. This transaction positions Aditya Birla Renewables among the nation's largest developers. Regulatory approvals are now pending for the completion of this major acquisition.

India's exports to the US saw a slight dip in June, while imports increased significantly. Merchandise exports declined marginally during April-June, with imports showing a substantial rise. Trade with China experienced robust growth in both exports and imports during the period. Exports to Singapore and several other nations registered positive growth.

Psychology says that people who talk really slowly aren't necessarily shy, anxious, or lacking confidence. Understanding why someone speaks slowly is far more meaningful than judging the speed of their words.

Harshil Tomar, founder of Dream Launch Studios, has shared how a trip to Dharamshala changed his perspective on success after meeting entrepreneurs running highly profitable niche businesses. From a former kirana shop owner who built a $700,000 ARR company with just a two-person team to a quant trader and a visa services entrepreneur, Tomar said the conversations made him realise that career and business opportunities extend far beyond conventional paths

New guidelines for self-certification of origin declarations are now in effect. This change applies to the India-UK Comprehensive Economic and Trade Agreement starting July fifteenth. The agreement replaces traditional certificates with a self-declaration framework for origin verification. Customs authorities in both nations will manage the authentication process for imports. Origin declarations will remain valid for twelve months from their completion date.

Telecom regulator TRAI wants to be an authorized agency under the IT Act. This status would allow TRAI to take action against call management applications. The IT Ministry is currently examining this request for regulatory jurisdiction. TRAI recently asserted that no app can block government and regulated entity calls. The Ministry is reviewing the matter, not specifically the Truecaller dispute.

In a significant development, the Ayodhya court has decided to extend the judicial custody of eight individuals implicated in the temple donation theft case. Through video conferencing, the accused were remanded until July 27.

Marine animals have consistently shrunk during intense global warming periods. This ancient pattern is now observed in today's warming oceans. Warmer waters hold less oxygen, impacting animal metabolism and growth. Surviving species became smaller after major extinction events historically. This fossil record offers a clear warning for future marine life.

Chinese Proverb of the Day highlights the meaning of You can't get fat with one mouthful. The saying emphasizes that significant results, whether positive or negative, are rarely caused by a single action. Instead, lasting change develops through repeated habits, consistent effort, and the accumulation of small choices over time. It serves as a reminder that patience and persistence are essential for achieving long-term goals, and that meaningful progress is usually built step by step rather tha

Union Minister Nitin Gadkari announced road projects worth Rs 5 lakh crore for Uttar Pradesh. New projects worth Rs 50,000-60,000 crore have also been approved for the state. Infrastructure development is considered the foundation for economic growth and investment attraction. The minister highlighted the accelerated development pace in Uttar Pradesh since 2014.

IndiGo and Accor have announced a new loyalty partnership in India. Members can now convert reward points between IndiGo BluChip and ALL Accor. This collaboration connects air travel with rewarding hospitality experiences for customers. Travellers can seamlessly link flights and hotel stays across both networks. The partnership aims to create a more rewarding travel journey within India and beyond.

Foreign currency deposits may reduce bank reliance on certificate of deposit issuances. Strong credit growth will continue to support certificate of deposit issuances in the near term. However, FCNR (B) deposit inflows will determine certificate of deposit volumes in the second quarter. Commercial paper issuances are expected to remain strong for NBFCs and corporates. Elevated refinancing needs will sustain primary market activity for commercial papers.

Gautam Malhotra, CEO of Jindal Steel, has resigned from his position. His resignation is effective from July 15, 2026, due to personal commitments. Malhotra expressed appreciation for the support received from colleagues and the board. The company's board will meet on July 24, 2026, to approve financial results. Jindal Steel has not yet announced a replacement for the chief executive.

Lindsey Graham death cause: Iranian newspapers prominently featured Senator Lindsey Graham's death, issuing warnings to US and Israeli leaders. One publication showed President Donald Trump kneeling beside Graham's portrait with a dire headline. Another newspaper labeled Graham the Merchant of Death for his anti-Iran policies. This coverage coincided with a evenge list targeting foreign leaders after a prominent Iranian figure's passing.

Sofia Vergara believes stereotypes will always exist but she is unafraid. She turned her uniqueness into a powerful personal strength and career asset. Her journey highlights the importance of self-confidence and embracing individuality. Vergara's early life in Colombia and move to the United States shaped her. This inspiring message continues to resonate with audiences worldwide today.

Quote of the day by Bruce Springsteen: Bruce Springsteen believes success does not make living easier. Achievements offer comfort and opportunities but not emotional peace. People often focus on success rather than the message. Pursuing goals requires realistic expectations and personal growth.

Asian Paints has increased prices by approximately twelve percent to counter rising raw material costs. This significant price adjustment is linked to the ongoing Middle East conflict and its impact. Rivals Berger Paints India and Kansai Nerolac Paints also raised their prices earlier. JSW Dulux implemented a ten percent price increase for its products. Indian paint manufacturers are adjusting prices to offset higher crude-linked raw material expenses.

Finance Minister Nirmala Sitharaman urged banks to enhance outreach to Non Resident Indians. Banks are offering attractive returns on foreign currency deposits and are seeing significant interest. Public sector banks are employing customized digital strategies to engage the NRI diaspora effectively. International Banking Units at GIFT City are being utilized for fund mobilization from multiple jurisdictions.

Sortmyprep, an AI education platform, secured USD 350k in pre-seed funding. This investment will strengthen its AI infrastructure and expand curriculum coverage. The platform currently serves students in over fifteen countries globally. It aims to enhance learning outcomes and exam performance for students. Sortmyprep plans to broaden its reach into new educational boards.

Maharashtra FDA is intensifying action against adulterated milk products. Milk and dairy items are considered high-risk food categories requiring strict monitoring. The FDA is implementing end-to-end supply chain management for milk products. Action includes closing centers, destroying milk, and prosecuting violators. Substandard analog paneer and cheese also face strict regulatory oversight.

Apartment dogs are not always the smallest breeds. Dog behavior experts say temperament, barking habits, trainability, and daily exercise matter far more than size. Many large dogs stay calm indoors, while some small breeds bark more in shared buildings. The best apartment dog is quiet, adaptable, and easy to train. Before choosing a pet, match the dog's energy level with your lifestyle.

State-run BSNL reported a ten percent revenue increase in the first quarter. Enterprise business and consumer mobility segments showed growth for the company. The consumer fixed access segment remained almost flat during this period. Total revenue from operations reached Rs 4,418 crores this year. Average revenue per user provisionally increased from Rs 100 to Rs 102.7.