The Economic Times
Elections 2026Economy / The Economic Times
Experts say the next few weeks of monsoon will decide if the acreage shortfall stays manageable or turns into a bigger supply and price risk for pulses.
India's industrial production surged 7.3% in June, marking its fastest growth in nearly two years. Manufacturing and electricity generation showed a sharp acceleration, exceeding economists' expectations. This strong performance suggests robust domestic economic growth despite global uncertainties. Capital goods, primary goods, and intermediate goods were key contributors to this expansion. Other sectors like mining and water supply also registered positive growth.
Quote of the day by Franklin D. Roosevelt reminds people that humanity is connected beyond borders. His words encourage empathy, peace, justice, shared responsibility and human connection. Spoken during World War II in 1943, the quote explains why cooperation among nations is important. Its message remains relevant as countries continue to face global challenges that require people to work together instead of remaining divided.
Astrology offers a creative approach to selecting baby names for expectant parents. Each zodiac sign's traits can inspire names reflecting personality and strengths. Parents can explore Sun, Moon, and Rising signs for deeper naming insights. Specific name suggestions are provided for all twelve zodiac constellations. This astrological guidance provides a meaningful starting point for naming decisions.
Mosquito attraction to human study: Walter Leal discovered nonanal, a compound humans and birds produce. This natural chemical proves irresistible to Culex mosquitoes, explaining their attraction. Leal tested this compound on his own skin to confirm its effectiveness. His extensive research also explains why mosquitoes avoid DEET repellent.
Giant red king crabs: Soviet scientists introduced red king crabs to the Barents Sea for a new seafood resource. These crabs successfully established a breeding population and spread rapidly across the region. Their feeding habits have significantly altered seafloor communities and reduced species diversity.
In 1874, an African-American inventor designed an improved bathroom system for trains through a patent filed by Lewis Howard Latimer and Charles W. Brown. The invention introduced a safer railroad car bathroom that reduced dust, wind, and debris entering train coaches. The patent became one of Latimer's early inventions before his later work in electric lighting. His life also reflected service, innovation, and determination despite difficult beginnings.
Quote of the day by Neil Armstrong: Neil Armstrong felt he missed aviation's golden age. He believed timing should not stop anyone from dreaming big. Armstrong became the first person to walk on the Moon. His life proved history is never truly finished for anyone. This journey encourages making the most of current opportunities.
African Proverb of the Day highlights the meaning of Don't take another mouthful before you have swallowed what is in your mouth. The saying emphasizes the importance of patience, focus, and completing one responsibility before taking on another. Using the simple act of eating as a metaphor, it reminds us that rushing into new tasks without finishing the ones already before us can lead to mistakes, stress, and poor decisions. The proverb encourages thoughtful progress, self-discipline, and givin
Sharmila Dhankar overcame domestic abuse and polio to win a gold medal. Her first husband abandoned her with their young daughter after years of violence. She rebuilt her life and found success in para athletics with her second husband's support. Coach Tek Chand recognized her talent and guided her to the shot put event. Dhankar's daughters now pursue their own sporting dreams, inspired by her achievements.
Singapore Airlines reported a net loss of 311.78 crore from its Air India stake. Air India's provisional loss for the fiscal first quarter exceeded 1,200 crore. High fuel costs and airspace closures pressured the carrier's operations. Despite losses, SIA and Tata Sons remain committed to Air India's transformation. A full turnaround for Air India is projected to take up to a decade.
The Supreme Court will receive the draft final report on the Air India flight AI-171 crash in October. The Aircraft Accident Investigation Bureau is preparing this report in a sealed cover. Simulation tests have been conducted as requested by petitioners in the ongoing investigation. The Federation of Indian Pilots can submit their inputs for consideration by the bureau. The court has scheduled further hearings for these petitions on October thirteenth.
Tom Holland Quote of the Day: Tom Holland quote People always say, you shouldn't change, but I think change is good. Tom Holland believes that change is beneficial for personal development. This perspective is highly relevant in our rapidly evolving modern world. Resisting change can lead to stagnation, while embracing it fosters resilience. Applying this idea involves accepting new opportunities and letting go of fear. Continuous learning and adaptability are key to navigating life's journey.
Canara Bank will frontload expected credit loss provisioning within two years. The bank revised its provisioning projections upward to 12-13,000 crore. This move will impact the capital adequacy ratio by sixty basis points. Canara Bank plans an 8,000 crore capital raise to cover this impact. The bank's gross advances grew eighteen percent year-on-year.
Today's Quote of the Day by Carl Friedrich Gauss reminds us that human knowledge has limits, and wisdom begins when we recognise those limits instead of pretending to know everything. The quote encourages intellectual humility, curiosity, and the courage to question our assumptions rather than cling to certainty. In a world overflowing with information, Gauss's timeless insight teaches that confusing our limited understanding with absolute truth often leads to misunderstanding and conflict.
Tata Consumer Products is developing new foods and beverages. These products will help manage side effects from weight loss medications. The company plans to introduce these items within the next sixty days. This initiative addresses reduced protein and fiber intake from such drugs. Demand outlook remains positive despite global economic challenges.
Quote of the day by George Clooney: George Clooney's quote encourages people to appreciate life's journey rather than chase the idea of a perfect ending. He suggests that true fulfilment comes from experiences, meaningful relationships and the moments we share with others, as life is often unpredictable and challenging. The quote also reminds us that accepting life's imperfections can build resilience and foster gratitude for the present.
The government has imposed nationwide stock limits on private sugar traders. These restrictions will be in force from August 1 to November 30. Dealers cannot hold more than 4,000 quintals of sugar at any single location. A quota of 2.25 million tonnes of sugar has been announced for August. Physical verification of stocks with sugar mills will occur during August 1-14.
The Supreme Court observed that police excesses during recent student protests warrant an independent probe. A three-member bench suggested forming a high-powered committee to investigate alleged violence. The court ordered no coercive action against protestors and the immediate release of minors.
Spanish proverbs offer timeless wisdom about life's valuable lessons. The proverb Ms sabe el diablo por viejo que por diablo highlights experience. It suggests that age and accumulated experiences foster greater understanding. This emphasizes the importance of learning from elders and life's challenges. True wisdom is earned through years of reflection and continuous learning.
The Competition Commission of India approved two significant corporate proposals on Tuesday. Brookfield Asset Management's acquisition of certain Oaktree group entities received clearance. Go Digit General Insurance's holding company will amalgamate with the insurer. This amalgamation will result in Go Digit General Insurance as the surviving entity. These decisions reflect ongoing developments in India's financial sector.
State Bank of India and HDFC Bank are raising significant dollar funds. These large Indian banks are borrowing from foreign institutions to boost reserves. The banks aim to leverage the Reserve Bank of India's special dollar attraction facility. This move allows them to attract overseas client deposits without hedging costs. Both institutions are actively participating in the international dollar funding market.
Banks' leverage on FCNR(B) deposits could pressure profit margins. Overseas interest rates are lower, and lending spreads remain thin. This impacts banks with lower funding costs, like ICICI Bank and HDFC Bank. The FCNR(B) scheme has mobilized over $32 billion by mid-July. Deployment of these funds profitably is key for banks' success.
The MHA has sanctioned 111 road projects costing over 2,481 crore for border villages. These projects aim to provide all-weather road connectivity to 134 unconnected villages along the China border. Additionally, 528 villages now have 4G mobile connectivity and 625 villages receive piped drinking water.
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong winter harvest offers some financial cushion for lenders. Early stress is visible in personal and micro-enterprise loan segments. Lenders may slow small-ticket loan delivery due to risk aversion.
Quote of the Day by Madonna: Madonnas quote, I think my biggest flaw is my insecurity. I'm terribly insecure. I'm plagued with insecurities 24/7, explores the importance of self-awareness, vulnerability, and emotional honesty. The quote suggests that even successful and admired individuals can experience self-doubt, fear, and personal struggles behind their achievements. It highlights that recognizing ones insecurities is not a weakness but an opportunity for growth, acceptance, and building inn
Skywatchers can see two meteor showers peaking overnight July 30 into July 31. The Southern Delta Aquariids and Alpha Capricornids will both be active. A nearly full Moon will make viewing fainter meteors challenging this year. However, bright fireballs from Alpha Capricornids may still be visible. The Perseid meteor shower in August offers better viewing conditions.
Violence has escalated in Pakistan-occupied Kashmir with clashes reported between protesters and authorities. Activists are protesting against alleged rigged elections and undue interference from Islamabad. The Joint Awami Action Committee claims at least twenty people have died in the ongoing unrest.
Quote of the day by Ben Affleck: Actor Ben Affleck believes all life experiences shape who we become. These moments influence our thoughts and the creative works we produce. Childhood memories and difficult setbacks can later shape our storytelling abilities. Affleck's career includes acting success and acclaimed directorial achievements.
Key NDA allies proposed conducting the NEET-UG exam multiple times annually. This change aims to prevent students from being penalised by single-attempt exams. They also advocated for regulating the coaching industry, which is growing rapidly. The government's swift action after the NEET paper leak was acknowledged.
NTPC is setting ambitious goals with a proposed investment of 16.68 lakh crore over the next eleven years. By 2037, the company aims to nearly triple its energy generation capacity, focusing on renewable sources to achieve 136 GW. Additionally, plans include establishing 30 GW of nuclear power by 2047, alongside the development of a significant green hydrogen hub near Visakhapatnam.
The dove soap maker expects its India arm, Hindustan Unilever, to deliver a high-single digit growth in the coming quarters, with profit growth slightly outpacing revenue growth, according to chief financial officer Srinivas Phatak. HUL has outperformed its global counterparts in terms of significant metrics in the first quarter of FY27, such as volume and value growth which stood at 5% and 10%, respectively.
India is developing a stringent cybersecurity compliance framework for all new vehicles. This initiative follows recent e-rickshaw battery hacking incidents through mobile applications. The proposed framework, expected within six months, will emphasise hacking-proof compliance for new vehicles.
A key provision of the Bill is to strengthen the framework for addressing delayed payments, a long-standing challenge for micro and small enterprises that often strains their liquidity and disrupts business operations.
Army Chief General Dhiraj Seth reviewed Manipur's security situation. He also assessed nation-building initiatives promoting regional peace and stability. General Seth attended the Durand Cup inauguration in Imphal. He interacted with senior officers and troops during his visit. The Chief exhorted soldiers to remain vigilant and operationally agile.
PAG acquired a controlling stake in Acme Formulation for $145 million (?1,054 crore) through its PAG Asia III buyout fund in 2021. Founder and managing director Viral Shah retained a significant minority stake after the transaction and continued as managing director and CEO. PAG owns about 62% of the company, while Shah holds around 31%, with the balance is owned by other investors.
Quote of the Day by Clint Eastwood: Clint Eastwoods quote, The reason I still work at this stage of life is because I enjoy learning something new each day, explores the importance of lifelong learning, curiosity, and personal growth. The quote suggests that age should never limit a persons desire to improve, explore new ideas, or gain fresh experiences. It highlights that true passion comes from staying open-minded and finding excitement in continuous discovery. Eastwoods words remind us that s
Before Stephen Hawking established himself as a legendary name in the field of astrophysics, cosmology, he was a bright student at Oxford. Yet, like any youngster, he made his father Frank worry that he would fall behind academically.
India's Ministry of External Affairs confirmed Nirav Modi's extradition will occur after UK judicial proceedings conclude. Legal proceedings against the fugitive diamantaire are currently ongoing in the United Kingdom. Nirav Modi faces charges in India related to the Punjab National Bank fraud case. He is also pursuing legal remedies in Europe to halt his extradition. India follows standard procedures for nationality verification for deportations from any country.
Japanese proverb of the day: The Japanese proverb Cold and heat last until the equinox (Atsusa samusa mo higan made) offers a powerful, nature-inspired perspective on human resilience. At its core, the saying teaches that extreme hardshipwhether physical discomfort, emotional suffering, or life challengesis inherently temporary. Just as the punishing heat of summer and biting cold of winter naturally yield to the balanced temperatures of the equinox, every difficult period eventually gives way t
In a viral post on Instagram, dietician Raakhi Ganneriwal said she followed ten simple steps to keep her skin flawless and radiant even in her late 40s.
Palash Soni, an IIT Kanpur and Harvard Business School graduate, reflected on the journey of building Goldcast, the AI-powered B2B video platform that was acquired for $300 million. He said naivety and focus were among the key strengths that helped him succeed as an entrepreneur. Soni also spoke candidly about the difficult decision to carry out layoffs and described intellectual honesty as one of the most important qualities of top performers.

29 C