The Economic Times

The elevator button is just one example of a broader psychological pattern. The key insight is that people are often not trying to make the elevator arrive faster, they are trying to ease their own sense of discomfort and impatience. That may be exactly why these small behaviors are so widespread.

India and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield businesses from fluctuating US dollar values. The initiative will help Sri Lanka conserve its dollar reserves. Indian banks can now offer loans in rupees to Sri Lankan importers.

States' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the largest budget component. Committed expenses and subsidies consumed over half of revenue spending. Total state expenditure reached Rs 51.20 lakh crore in 2024-25. Budgetary spending averaged between 15.78 and 17.49 percent of GSDP.

Federal Reserve Chairman Kevin Warsh leads his first policy session, sending ripples through the investment community eager for clues on monetary policy shifts. With a preference for brevity in his public declarations, Warsh encounters the challenge of aligning expectations for rate cuts with the latest inflation figures.

India's government warehouses hold record rice stocks, up 15% from last year. Wheat inventories are at a five-year peak. These abundant reserves will support increased rice exports. Higher wheat stocks will help manage prices by allowing open market sales. Record production in the last crop year fueled these impressive inventories. India is well-positioned for both exports and domestic price stability.

G7 leaders are urging President Trump to refocus on the Ukraine war. Discussions at the summit included increasing pressure on Russia through sanctions. Leaders also agreed to provide Ukraine with more air defense. The UK announced new sanctions targeting Russia's oil and gas shipping. Trump expressed frustration over the ongoing conflict and stated his commitment to finding a resolution.

Most households throw away empty toilet paper rolls without a second thought. But these cardboard tubes can be surprisingly useful for organizing everyday items around the house. Instead of spending money on storage boxes and organizers, try these simple DIY ideas that can help reduce clutter and make better use of small spaces.

A young Indian professional, after a year-long job hunt in the US, faces a dilemma: a 28 LPA offer in Bengaluru or continuing his career in America with a recently selected H1-B visa. Torn between family responsibilities and career prospects, he weighs the financial and lifestyle implications of returning home to care for his aging parents.

Life Lesson of the Day by Nassim Nicholas Taleb: What if the biggest source of stress is not failure but chasing someone elses definition of success? This powerful life lesson on success, freedom, and self-worth comes from the bestselling author of The Black Swan and Antifragile. It reveals why independent thinking, resilience, and personal freedom matter more than status, approval, or conventional achievement.

In 1899, scholar Wang Yirong noticed ancient markings on so-called dragon bones being sold in a traditional Chinese medicine market. His observation led to the identification of these artefacts as oracle bones, which later provided direct evidence of the Shang dynasty. The inscriptions on the bones represent the earliest known form of Chinese writing and offer valuable insights into royal life, religious practices and state affairs more than 3,000 years ago, significantly transforming historians

Avaada Group is set to significantly expand its renewable energy capacity. The company plans to add 10.5 gigawatts over the next two years. This expansion will bring Avaada's total installed generation capability to 17.7 gigawatts. Power purchase agreements are already secured for these upcoming projects. This growth aligns with India's clean energy transition goals.

Looking for a simple diet plan to support healthy blood pressure levels? This 7-day no-sugar, high-protein Indian meal plan includes protein-rich foods like paneer, dal, sprouts and tofu while avoiding added sugar. The easy-to-follow menu focuses on balanced meals that may help support overall heart health.

Indian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sustainable finance. The Reserve Bank of India's Green Deposit Framework, introduced in 2023, has played a key role. Banks are channeling these funds into environmentally friendly projects like renewable energy and clean transportation.

Consumer goods giant Unilever is teaming up with Accenture. They will use AI-powered digital twins in factories worldwide. This initiative aims to boost efficiency and quality. Unilever plans to build over 40 new digital twins in the next 18 months.

Maharashtra is experiencing a significant rainfall deficit in early June. The state has received only 26 percent of its normal rainfall. This has led the government to advise farmers against rushing with sowing operations. Preparatory agricultural activities are ongoing. Improved rainfall is anticipated from June 18 onwards in some regions. A heatwave is also expected in Vidarbha.

A young software engineer from Delhi was discovered deceased at a Mussoorie homestay. Police are investigating the mysterious circumstances surrounding her death. The couple had arrived for a trip and reportedly consumed alcohol. Investigators found the woman on the floor with blood on the bedsheet. The post-mortem report is awaited to determine the cause of death.

A man was arrested in Lucknow for pretending to be an IPS officer. He allegedly intimidated police personnel at a tea stall. The accused, Mithilesh Shukla, was booked for impersonating a public servant. He admitted to working as an account executive and not being an IPS officer. A case was registered and he was arrested.

Akasa Air has begun flights from Noida International Airport. This marks a significant expansion for the airline. Flights now connect Noida with Navi Mumbai. The airline also plans to establish a maintenance facility at the airport. This move strengthens Akasa Air's presence in the National Capital Region. It also supports the growth of the new airport.

The genuine character of a person shines through daily actions, not grand gestures. Reliability, honesty, and gratitude build trust. These qualities are the bedrock of strong relationships. Admitting mistakes and standing by loved ones define integrity. Choosing what is right, even when difficult, showcases a strong spirit. These everyday habits reveal true substance.

Delsey Paris anticipates flattened global growth in 2026-27 due to Middle East business disruptions. Despite this, India remains a top priority market, experiencing 20% revenue growth and contributing 5% to the group's business. The brand plans to expand its retail presence in India and is doubling its investment to double business within three years.

Energy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening of the Strait of Hormuz are key factors. However, analysts warn of continued volatility due to supply disruptions and low inventories. India's energy security and import costs are expected to improve. Full market normalisation may take months.

Inspirational Italian Proverb of the Day: An Italian proverb, The house hides but doesnt steal, offers a timeless lesson on patience and perspective. It suggests that what appears lost is often merely misplaced, encouraging a thoughtful approach to life's challenges. This wisdom reminds us to avoid jumping to conclusions and to remain optimistic, as opportunities and solutions may be closer than they seem.

US President Donald Trump called for Russia to strike a peace deal with Ukraine. He met with G7 leaders and Ukrainian President Volodymyr Zelenskyy. European diplomats aim to convince Trump that Ukraine's position has strengthened. They also want to discuss Iran's nuclear program and maritime security in the Strait of Hormuz.

The head of the International Energy Agency stressed that fully reopening the Strait of Hormuz is crucial for global economic stability. Record-high oil and gas prices are really hitting countries hard. There's talk of a potential deal between the U.S. and Iran, which could ease these tensions and bring prices down.

Bollywood star Shah Rukh Khan is a keen reader. Books provide him with ideas and inspiration. His reading list spans various genres. He has used books for role preparation. These include novels like 'The Curious Incident of the Dog in the Night-Time' and 'The Fountainhead'. Biographies like 'Steve Jobs' also feature. His choices reveal a reader who enjoys challenging stories.

India's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a notable spike in demand, which has since sustained momentum. This pattern implies that heightened taxation is failing to temper the nations gold obsession.

Prime Minister Narendra Modi will attend the G7 summit in France. He will highlight India's expanding relationships with countries like Canada, the UK, and the UAE. These meetings precede his first in-person discussion with US President Donald Trump in over a year. The talks aim to strengthen India's global partnerships and economic standing.

India's aviation sector is set for significant expansion. Airbus believes its A330 neo aircraft is a strong contender for Indian airlines. The company anticipates substantial growth in air travel within India over the next decade. Airbus is committed to supporting this growth with its aircraft deliveries and increasing local sourcing.

Hyderabad will soon see a new road named Donald Trump Avenue. The inauguration is scheduled for June 23. This initiative is part of the state government's plan to honor global figures and companies. Other roads will be named after Ratan Tata and Google. This aims to promote Telangana as a center for innovation and development.

Congress leader Mallikarjun Kharge criticizes the Modi government for exam irregularities. He demands Education Minister Dharmendra Pradhan's resignation, citing widespread paper leaks affecting millions of youth. Kharge highlights the government's failure to ensure accountability, with multiple exams like NEET, SSC, UGC-NET, and CUET facing leaks. Rahul Gandhi will address student conventions against paper leaks.

A Bengaluru resident approached the Karnataka High Court after his bank froze his entire account despite police communications seeking a freeze of only Rs 25,000. The court ruled that banks cannot expand the scope of freezing directions on their own and must restrict action to the amount specified by investigating agencies unless a complete freeze is explicitly ordered.

Serena Williams is set to make her Wimbledon return after a four-year hiatus, having been granted a wildcard for the women's doubles. The 23-time Grand Slam singles champion recently played doubles at the Queen's Club Championships and will now partner with her sister Venus at the prestigious tournament.

The Enforcement Directorate has launched a money laundering probe, conducting searches across 17 locations in Maharashtra and Delhi. The investigation targets alleged irregularities in a corporate insolvency resolution process, focusing on a fraudulent loan grant by YES Bank and potential collusion among asset reconstruction companies. Evidence of circular transactions and under-valuation of assets is being sought.

A freelance translator uses 21 credit cards as a financial tool, saving Rs 50,000-55,000 annually by optimizing spending. Through meticulous planning, strategic card selection, and disciplined management, he avoids fees and interest, transforming credit cards from a borrowing facility into a cost-saving instrument.

Fifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptroller and Auditor General's report highlights these financial outcomes. States' own tax revenues are growing, forming a significant part of total receipts. Committed expenditures like salaries and pensions remain a major cost for states.

An AI startup CEO is prioritizing employee well-being over traditional perks, gifting each worker a $3,000 sleep-enhancing mattress cover. He believes superior rest sharpens minds, comparing engineers to athletes needing optimal recovery. This innovative approach aims to boost productivity by ensuring employees are well-rested and mentally sharp, fostering a healthier, more effective work environment.

CBSE Class 10 Second Board: Students awaiting their CBSE Class 10 Second Board Examination 2026 results may see the outcome announced this week, with reports suggesting a likely release by 21 June 2026. The exams were conducted from 15 May to 21 May 2026, providing students with an opportunity to improve their scores. Once declared, candidates will be able to check and download their scorecards through the official CBSE websites, as well as digital platforms such as DigiLocker and the UMANG app.

Gardens can be more than just colours and greenery. Fragrant vines add a beautiful scent to outdoor spaces. They climb walls, balconies, and fences, creating living, scented walls. Six fragrant vines are recommended for a magical garden experience. These climbers spread vertically, turning empty corners into fragrant displays. Growing these vines enhances any garden with captivating aromas.

US President Donald Trump declared Iran will not acquire nuclear weapons under the new agreement. He described the deal as fair and entering a second stage. Trump emphasized no US funding would go to Tehran. He also issued a strong warning of severe repercussions should Iran pursue nuclear arms.

Nepal's Foreign Minister Shisir Khanal had a meeting with China's Wang Yi in Beijing. They talked about how the two countries get along, improving connections, and boosting trade. Nepal reaffirmed its support for the one-China policy, while China showed interest in furthering Belt and Road Initiative projects.

Actress Sanchita Ugale, known for Kumkum Bhagya, was found dead at her residence. Her father alleges she faced emotional distress and harassment from individuals over financial matters. A close friend claims Ugale experienced mental harassment from co-star Ujjwal Sharma, stemming from a money dispute. Investigations are ongoing to determine the cause of death. No official link has been established yet.

China's rare-earth exports saw a modest 2.2% volume increase in early 2026, but export value surged by 44.9% to $243.63 million. This significant value jump reflects higher prices and robust global demand for these critical minerals, essential for high-tech and clean-energy industries.

Rock icon Mick Jagger's quote of the day is a powerful message about the past. He believes we should cherish our history, its lessons and experiences. However, he stresses not becoming a prisoner to past glories or regrets. This philosophy encourages embracing change and moving forward. It is a timeless reminder for everyone to own their journey and shape their future.

India's long-term growth outlook remains robust despite global geopolitical uncertainties and intermittent market volatility, supported by resilient domestic demand, infrastructure investments and improving corporate fundamentals, according to financial services firm Ventura.

India has introduced standardized timelines for power transmission projects to accelerate renewable energy integration. The Central Electricity Authority's new guidelines aim to synchronize grid expansion with generation and distribution, reducing delays that hinder new power capacity. These measures are crucial as transmission expansion struggles to match the rapid growth of clean energy.