The Economic Times

Tiny fiber-optic cables on seabed can do a lot more than you can imagine as researchers have found that these underwater communication cables can detect silent whales by sensing low-frequency pressure waves created while they swim. The discovery could improve whale monitoring, conservation efforts, and ocean research. Scientists used existing fibre-optic cable networks, ship data, and physics to develop a new method for tracking whales even after they stop vocalizing.

Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a cargo ship was struck near Oman, raising concerns over crude shipments through the Strait of Hormuz. Brent and US WTI crude futures moved higher as traders reacted to supply risks, technical buying, and uncertainty surrounding Iran, shipping security, and global oil exports.

French proverb of the day: French wisdom emphasizes that lessons learned in childhood profoundly shape an individual's life, extending from early habits to core values. The saying underscores the critical role of upbringing and education in forming character.

The quote of the day from Roman Stoic philosopher Seneca, The final test of freedom is this: Can you remain the same person in praise, in insult, in gain, and in loss, highlights the idea that true freedom comes from inner stability rather than external circumstances. Explore the meaning behind this timeless insight, and how Stoicism encourages people to remain grounded through both success and adversity.

Perizaad Zorabian, known for her roles in 'Jogger's Park' and 'Bollywood Calling', transitioned from acting to lead her family's poultry business. Initially drawn to entrepreneurship and even trained in acting, her career took an unexpected turn after a chance encounter led to modeling and then Bollywood. Post-marriage, she successfully expanded the poultry enterprise into a significant empire, now employing 700 people and generating substantial revenue.

A Spanish proverb, 'A thief who steals from a thief has a hundred years of forgiveness,' highlights society's complex view on justice. It suggests people often feel less sympathy for wrongdoers facing consequences from their own kind, reflecting a natural inclination towards fairness. While not condoning theft, the saying underscores that actions can return to their source, prompting reflection on human psychology and the cycles of wrongdoing.

Life lesson of the day by Wayne Dyer: Motivational speaker Wayne Dyer advocated for a simple yet profound daily practice: five minutes of mindful appreciation for the world around us. In our busy lives, pausing to notice nature's miracles and everyday wonders can significantly boost mental well-being and foster contentment.

Brazilian proverb of the day highlights the message behind the saying, A timely 'no' beats a hasty 'yes'. The proverb teaches people to avoid rushed agreements and instead make careful decisions. It explains how healthy boundaries, patience, self-awareness, and clear communication help prevent over-commitment and regret. The proverb remains useful in personal life, workplaces, relationships, and everyday decision-making across different situations.

India has received assurances from the US that access to AI technologies will remain open, according to a top official. New Delhi believes the AI sector still requires innovation and is not yet ready for regulation. US officials expressed concerns about the potential impact and use of advanced AI models, seeking a review mechanism before their release.

Indias credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, according to RBI data. Net card additions rose 34% year-on-year to 1.02 million, while total spending increased only 6.3% to 2.02 lakh crore.

Power Finance Corp and REC are finalizing a merger plan to help the government maintain its majority stake cost-effectively. Two primary options are being considered: issuing preference shares at 10 each, requiring an estimated 800 crore outlay, or subscribing to non-tradable bonds worth around 24,000 crore. Advisors favor the preference share route, deeming it less expensive than the recurring interest costs of bonds.

The Reserve Bank of India is pushing banks to offer better foreign exchange rates for individuals and small businesses. A new platform allows direct trading at inter-bank rates, aiming to eliminate the higher mark-ups previously charged. This move seeks to bring transparency and fairness to forex transactions, ensuring smaller customers get deals comparable to larger corporations. The RBI will now monitor bank performance on this initiative quarterly.

In Rajasthan's scorching Barmer-Batadu heat, 77-year-old Thana Ram Kadwasara has become a beacon of hope for travelers. For two decades, he selflessly distributes free, cool water to laborers, drivers, and families on the highway. His unwavering dedication, without any expectation of reward, has earned him the affectionate titles Angel of the Desert and Water Baba, inspiring millions with his simple yet profound act of kindness.

Following a recent attack on a ship in the Gulf of Oman, the International Maritime Organization has temporarily suspended evacuations through the Strait of Hormuz. This pause allows authorities to thoroughly re-evaluate security measures and confirm that essential safety assurances are in place for all vessels navigating this critical maritime route. The decision aims to ensure the well-being of ships on the evacuation list and the broader maritime community.

The Reserve Bank of India has opened the term money market to All India Financial Institutions and housing finance companies, allowing them to borrow and lend. Prudential borrowing limits for primary dealers have also been significantly increased. These moves aim to deepen market participation and improve liquidity, ultimately strengthening monetary policy transmission by linking short-term and long-term interest rates.

Iran fired on a cargo ship transiting the Strait of Hormuz on Thursday, according to two US officials cited by Reuters. The vessel had earlier reported being struck by a projectile near Oman's coast. The incident raises fresh concerns over maritime security and shipping traffic through the strategically vital waterway.

Following a preliminary report by a Special Investigation Team, the Shree Ram Janmabhoomi Teerth Kshetra has filed an FIR with Ayodhya police concerning alleged irregularities in donation money. Eight individuals, including six directly involved in counting funds, have been named. The FIR cites charges of theft, criminal breach of trust, and conspiracy. The investigation may explore how these individuals were selected for their roles.

The Ethiopian proverb, A person who isolates themselves from advice is like a Sunday market; it begins with loud shouting, but ends completely empty without bearing any lasting fruit, highlights the importance of staying open to guidance and different perspectives. Using the image of a busy market that eventually produces nothing of lasting value, the saying warns that confidence, activity, and big plans alone are not enough for success.

The Calcutta High Court expressed strong dissatisfaction with the CBI's investigation into the 2024 rape and murder of a doctor at RG Kar Medical College. A division bench stated the probe, initiated in October 2024, should have reached its conclusion by now. The court emphasized the need for the special investigation team to finalize its findings immediately, deeming the submitted status report inadequate.

India is gearing up to become a global medical tourism powerhouse with a new government scheme. Funding will boost hospitals, colleges, and healthcare infrastructure, incorporating smart technology and AI. Mandatory quality standards and international accreditation will be key. The plan aims to establish five integrated Regional Medical Hubs, fostering medical services, education, and research, with projections showing significant market growth.

Industry demands have prompted the Ministry of Heavy Industries to extend the bidding deadline for its rare earth permanent magnet incentive scheme by a month to July 29. This crucial initiative, with a 7,280 crore outlay, aims to build 6,000 Metric Tons Per Annum of integrated manufacturing capacity for these vital magnets. Technical bids will now be evaluated on July 30.

India is boosting domestic manufacturing across solar, green hydrogen, and wind energy sectors to curb import reliance. Key focus areas include solar inverters, electrodes, catalysts, bipolar plates, and polysilicon. This strategic move aims to strengthen the supply chain for critical components, addressing current import dependencies and fostering long-term cost competitiveness for India's burgeoning renewable energy industry.

While the Commission hasn't yet finalised its recommendations, early discussions suggest that the fitment factor could remain close to the 2.57 multiplier adopted by the Seventh Pay Commission, even as employee unions continue to push for a higher revision.

Quote of the Day by Sam Manekshaw: Sam Manekshaws quote, The primary, the cardinal attribute of leadership is professional knowledge and professional competence emphasizes that true leadership is rooted in expertise and capability. It suggests that effective leaders are not defined merely by rank or authority, but by their deep understanding of their field and their ability to apply that knowledge with skill and confidence.

Psychology of retail therapy and shopping addiction: A study reveals nearly half of adults surveyed exhibit signs of shopping addiction, driven by a need to escape negative emotions. Researchers found that excessive shopping, often triggered by stress or sadness, leads to guilt and financial strain.

Jammu and Kashmir Police have filed a case against several Army men from 17 Rashtriya Rifles in Kishtwar for allegedly storming a police station and assaulting officials. The FIR names a colonel and a major, accusing them of leading a group that caused extensive damage and injuries. The Army has pledged full cooperation with the investigation, while police urge against exaggerating the incident, emphasizing inter-force synergy.

In a significant crackdown, the CBI has dismantled a cybercrime network behind digital arrest scams, conducting searches across 16 states. Operation Chakra-VI led to the arrest of two individuals involved in creating shell companies and laundering 2 crore. The agency also uncovered a fake Supreme Court website used to deceive victims, seizing incriminating evidence and digital devices.

India will resume accepting tourist visa applications from Bangladeshi citizens starting June 28, announced High Commissioner Dinesh Trivedi. This significant diplomatic move, with Trivedi elevated to Cabinet Minister rank, aims to bolster people-to-people ties. Initially, applications will be processed at five centers across Bangladesh, with plans for future expansion. The decision signals New Delhi's commitment to strengthening bilateral relations.

India's impending trade agreement with the US is centered on gaining a tariff advantage over competitors like China and Vietnam, as asserted by Commerce Minister Piyush Goyal. He noted that the deal is nearly complete, with teams fine-tuning the details. Goyal stressed that the pacts success relies on creating this competitive leverage, allowing India to thrive amidst regional rivals.

India is working to expand its textile manufacturing base beyond traditional hubs such as Tirupur, Surat, Panipat and Ludhiana, by engaging with states that currently have limited industry presence. The textiles ministry is in talks with Chhattisgarh, Kerala and Jharkhand to support new manufacturing clusters, an official said.

The government has restored commercial LPG cylinder sales to pre-conflict levels after supplies improved, bringing relief to industrial and business users. The decision comes as import flows stabilised and domestic output strengthened, according to the oil ministry on Thursday. Bulk LPG supplies, which were earlier suspended after the disruption in late February, have also been raised to 50% of pre-conflict levels.

A recent statement by the Ministry of Foreign Affairs clarifying that a passport is not proof of citizenship has sparked debate. Indian courts have consistently ruled that documents like passports, Aadhaar, and PAN cards do not establish citizenship, which is governed by separate laws. This clarification, while causing a social media stir, does not alter existing passport issuance processes or validity.

Tunisia vs Netherlands FIFA World Cup 2026 Live Streaming: India gears up for a thrilling FIFA World Cup 2026 clash as the Netherlands take on Tunisia in their final Group F match. Catch the action live on Friday, June 26, 2026, at 4:30 AM IST. Stream it for free on JioCinema or watch on Sports18 Network. The Dutch aim to top the group, while Tunisia plays for pride.

Paris is implementing a ban on public alcohol consumption starting Friday midday to combat health risks exacerbated by the ongoing heatwave. Police chief Patrice Faure announced the edict, emphasizing the severe impact of drinking under intense sun. This measure aims to protect residents from the detrimental effects of the extreme weather. The ban will be in effect from noon onwards.

US Secretary of State Marco Rubio assured Gulf Arab partners of unwavering support amidst ongoing negotiations to end the war with Iran. Despite fears of being sidelined, Rubio emphasized their crucial involvement in all discussions. While a joint statement highlighted areas of agreement, concerns linger among Gulf Council members about safeguarding their interests and security in any future arrangements with Iran.

India has unveiled a new Quality Control Order for 2026, offering a flexible sourcing framework for key industries like toys and electronics. This move aims to balance regulatory adherence with innovation and supply chain resilience. The initiative, valid for five years, will grant permissions based on technical prowess and a commitment to technological advancement, fostering domestic growth and consumer trust.

Quote of the Day: Facing criticism for new ideas is a sign you're on the right track, according to Amazon founder Jeff Bezos. Innovation inherently disrupts the status quo, and resistance is a natural human reaction. In today's age of instant feedback, it's crucial to filter constructive criticism from mere cynicism. Focus on your progress and results rather than seeking universal approval to foster personal and professional growth.

Venezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts following recent earthquakes. The government intends to establish a dedicated fund for rebuilding damaged infrastructure, hospitals, and housing. This move comes after the IMF restored Venezuela's access to these funds in April, recognizing the current administration.

BRICS nations are prioritizing energy security, advocating for diverse and stable energy systems. Ministers met in New Delhi to boost cooperation across fossil fuels, renewables, hydrogen, and storage. India highlighted its ambitious energy storage and nuclear power goals, alongside achievements in ethanol blending and international solar initiatives. The bloc also emphasized affordable financing and research for sustainable development.