The Economic Times
Elections 2026Economy / The Economic Times
President Trump announced he achieved a perfect score on the Montreal Cognitive Assessment, a test he described as high difficulty and indicative of extreme intelligence. Medical experts, however, clarified that the MoCA is a dementia screening tool, not an IQ test, and a perfect score is not uncommon.
Middle East tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil supplies. Economists warn of a significant economic shock if a US-Iran agreement remains elusive. This conflict threatens jobs and economic growth worldwide, particularly in Europe and Asia. The world economy faces growing risks as diplomatic efforts falter.
In Ghaziabad, Uttar Pradesh, around 150 individuals with criminal backgrounds have pledged to abandon illegal activities. This initiative is part of a police rehabilitation program. Participants raised their hands and vowed to refrain from future crimes. Many held posters seeking forgiveness from Chief Minister Yogi Adityanath.
The German proverb of the day offers a lesson that feels particularly relevant in an age dominated by constant comparison and social media highlight reels. Its message is witty, practical and quietly inspiring: success rarely belongs to those who spend their time measuring themselves against others. Instead, it tends to favor those who focus their energy on their own growth, progress and purpose.
India is already cushioning the economy from the West Asia crisis. Gita Gopinath, former IMF Deputy Managing Director, states the government is limiting fuel price hikes. This acts as an implicit subsidy. She advises more targeted support for vulnerable households and businesses instead of broad fuel subsidies. This approach helps where needed most and avoids economic distortions.
Gujarat police apprehended 362 illegal migrants from Bangladesh in a statewide operation, with over 700 more under investigation. The drive, dubbed 'Operation Delta Hunt,' utilized technical data and telecommunications analysis to identify suspected individuals. Authorities are also investigating those who harbored the migrants without proper verification.
An IIT graduate's Reddit post ignited a discussion on career stability. He argued that medicine offers more security than engineering, citing tech layoffs and AI's impact. Other users countered, highlighting doctors' sacrifices and long training. The debate explored AI's influence on jobs and the appeal of government employment for its predictability and protection from technological shifts.
Hindustan Unilever Limited's permanent employee count will decrease by 10.7 percent to 5,898 by March 2026. The company is investing significantly in expanding manufacturing for premium products. Median employee remuneration is projected to rise by 6.08 percent. HUL is also focusing on workplace inclusivity, with women comprising 44 percent of its managerial staff.
A lookout circular has been issued for the owner of a south Delhi hotel and his wife. This action follows a devastating fire that claimed 21 lives. Investigators are intensifying their probe into the blaze. The incident raises questions about fire safety compliance. Over 40 people were rescued and hospitalized.
Elevated oil prices could slow India's economic growth to around 6%, according to former IMF official Gita Gopinath. She warned that prolonged West Asian tensions could further impact global growth and India's prospects. Gopinath emphasized supply-side reforms, renewable energy, and improving ease of doing business to boost investment and strengthen India's global supply chain role.
African Proverb of the Day highlights the meaning of The beauty of a woman becomes useless if there is no one to admire it. The saying reflects how human qualities such as beauty, talent, or value are often shaped by social recognition, appreciation, and interaction rather than existing in isolation. It suggests that admiration and acknowledgment play an important role in how individuals experience their own worth in society.
Adivi Sesh and Mrunal Thakur's romantic thriller Dacoit is set to make its Hindi OTT debut. The announcement was made by Sesh on social media, weeks after the film's theatrical release and successful digital run in South Indian languages. Directed by Shaneil Deo, the film follows an enraged convict seeking revenge against his former partner after a life-changing betrayal. The movie also stars Anurag Kashyap, Prakash Raj, Atul Kulkarni, Zayn Marie Khan and Sunil in key roles.
US services sector activity expanded in May, exceeding expectations with the ISM index at 54.5%. While business activity and new orders grew, employment contracted for the third consecutive month. Rising input prices, driven by tariffs and the Iran conflict, reached their highest point since August 2022.
India has received its fourth S-400 Sudarshan air defence system squadron from Russia. This advanced system significantly boosts the nation's long-range air defence. The S-400 played a crucial role in past operations. The fifth squadron is expected soon, and India is also developing its own indigenous air defence systems.
One of the standout features of Love Island USA Season 8 is the influence viewers have over the outcome of the competition. Through the official Love Island app, fans can actively participate by voting for their favorite Islanders and couples, helping shape the direction of the season in real time.
Napoleon Bonaparte knew information held more power than force. He famously stated four hostile newspapers were more feared than a thousand bayonets. This idea holds true even today. Modern digital media amplifies this influence. Public opinion can shape outcomes for leaders and nations. Understanding narratives is crucial in our fast-paced world. The pen is indeed mightier than the sword.
FSSAI mango raid: Food safety officials in Gujarat have seized a large stock of rotten, worm-infested mangoes that were allegedly intended for juice production. The discovery has raised fresh concerns about food safety standards and quality control in the food processing sector. Authorities intercepted the spoiled fruit before it could be processed and distributed. The incident also serves as a reminder for consumers to carefully inspect fruit before purchase and highlights the importance of str
Chinese proverbs offer life lessons. A proverb states forgetting ancestors is like a brook without a source or a tree without roots. This wisdom highlights the importance of identity and belonging. Understanding our past, including family history and traditions, provides strength and purpose. It connects us to something larger than ourselves.
The Statistics Ministry has released uniform guidelines for compiling District Domestic Product (DDP) estimates with a 2022-23 base year. These guidelines, finalized after stakeholder consultation, aim to ensure consistency and comparability in district-level economic data. The framework elaborates on concepts, data sources, and estimation procedures, emphasizing a bottom-up approach where possible.
Bengaluru-based Propsoch secured $2 million in a funding round. Athera Venture Partners, Sparrow Capital, and Vakil Group led the investment. The funds will enhance research, expand the team, and support market growth. Propsoch aims to reduce homebuyer regret by offering unbiased recommendations. The company plans to expand its services to Mumbai.
Aurobindo Pharma has launched TheraNym, a major biologics manufacturing plant in Telangana. This facility will produce biologic medicines for global markets. US pharma giant MSD is the first major client. The plant signifies Aurobindo's expansion into the growing biologics and contract manufacturing sector. It is set to create over 1,500 jobs.
Indian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geopolitics, climate change, and AI. This shift moves beyond balance sheet stress. Banks must adapt to unpredictable risks. The Indian financial system is entering this phase with strong fundamentals.
The Asian Development Bank and Standard Chartered Bank have partnered to boost supply chain finance in India. Agreements include risk-sharing for USD transactions via GIFT City and a guarantee facility for rupee transactions, aiming to expand access for businesses and enhance trade flows.
Indian proverbs offer timeless wisdom. The proverb 'The tree does not deny its shade even to the axeman' teaches compassion. Kindness reflects character, not just rewards. Forgiveness brings emotional freedom. This lesson applies to modern conflicts. Responding with maturity prevents negativity. True greatness lies in principled responses to adversity. This wisdom guides ethical decisions.
Quote of the Day by Demi Moore: Demi Moores quote, I'm certainly not the first person to be in a relationship with a younger man, but somehow I was plucked out as a bit of a poster girl explores societys tendency to judge personal relationships through stereotypes and public expectations. The quote suggests that people are often singled out and turned into symbols of broader social conversations, even when their experiences are not unique.
Sourav Ganguly's security cover has been reduced by the West Bengal government. The state's security wing reassessed his security needs and threat perception. Ganguly's protection was previously upgraded to Z category. The latest review has scaled back the enhanced security. This move is part of a wider review of VIP security deployments across the state.
A farmer from Bihar has created a new mango variety, Nagendra Bhog. This fruit honors his late father. The mango is large, juicy, and has a unique sweet-tangy taste. It also ripens late, offering farmers better transport and sales opportunities. Interest in Nagendra Bhog is growing nationwide and internationally. Buyers are willing to pay a premium for this special mango.
The Reserve Bank of India (RBI) is likely to keep interest rates unchanged in the near term and adopt a data-dependent approach before taking any future policy action, according to Gita Gopinath, former First Deputy Managing Director of the International Monetary Fund (IMF).
A devastating fire in Malviya Nagar, New Delhi, claimed at least 21 lives, including foreign nationals. The blaze erupted in a hotel, trapping occupants. Rescue efforts were immediate. The Ministry of External Affairs is coordinating with embassies to provide assistance. The incident has prompted widespread condolences and prayers for the injured.
Water from air technology: A Nobel Prize-winning scientist has developed a groundbreaking machine that generates clean drinking water from air, even in arid regions. Utilizing advanced Metal-Organic Frameworks (MOFs), the device captures atmospheric moisture and converts it into potable water using solar heat, offering a sustainable solution for water scarcity.
Kangana Ranaut has revealed that John Abraham helped her upcoming film Bharat Bhhagya Viddhaata by giving up the rights to its title free of cost. Speaking at the film's trailer launch, Kangana said the project was originally titled Nurses of Cama, but the makers later decided to rename it. When they discovered that the new title was already registered under John Abraham's name, they approached him for permission.
A Delhi court has discharged Hindalco Industries and two former executives in a coal block case. The court found no evidence of illegal acts or criminal conspiracy. The Central Bureau of Investigation (CBI) failed to prove criminal breach of trust or cheating. The court stated that the allocation letter did not confer vested rights.
Actor Ambrish Verma achieved a significant milestone with IMDb's 'Breakout Star' STARmeter award. This recognition celebrates his success with the critically acclaimed drama series Sapne Vs Everyone. Verma previously left a stable job to pursue his acting dreams. He conceptualized and created Sapne Vs Everyone, drawing inspiration from his own experiences.
Ford is recalling almost 420,000 Ford Expedition and Lincoln Navigator vehicles. The recall addresses a seat belt issue where belts may lock inadvertently. This can prevent retraction or extension, potentially causing injury in a crash. Ford will replace faulty seat belt retractors for free. Owners will be notified by mail. This recall expands on two previous ones.
Quote of the Day by Eddie Murphy: Eddie Murphys quote, I'm in a position that allows me to do what I want to do, and I do it, reflects the value of personal freedom, self-determination, and the ability to live according to ones own choices. The quote suggests that true success is not merely about wealth or recognition but about reaching a point in life where you have the independence to pursue what matters most to you.
Employment in the US private sector grew more than expected in May, payroll firm ADP said Wednesday, with hiring seen across a range of industries. The report showed that employers of all sizes were hiring, with gains seen across industries like education and health services, alongside trade, transportation and utilities.
Maharashtra students await MHT CET 2026 results for PCM and PCB groups. The Maharashtra State Common Entrance Test Cell is expected to release scorecards online soon. Candidates should keep their login details ready. Successful students will then participate in the Centralised Admission Process for engineering and pharmacy courses. Counselling registration and seat allotment will follow the result announcement.
Gauri Spratt, a Bengaluru-born salon entrepreneur, is reportedly set to marry Bollywood star Aamir Khan. The couple may tie the knot in a private ceremony on July 5. While neither has confirmed the wedding, their relationship has been public since 2025. Spratt has a multicultural background and a career in fashion and beauty.
The government has approved significant road development projects in Telangana. The Armoor-Jagtial-Mancherial section of NH-63 will be widened. The Jagtial-Karimnagar section of NH-563 will be four-laned. These projects aim to ease congestion and improve connectivity. Travel times are expected to reduce significantly. The initiatives will boost regional development and logistics.
The Reserve Bank of India is expected to hold interest rates steady on Friday, according to Bank of Baroda. The central bank will likely maintain a data-dependent approach, balancing growth concerns with rising inflation risks. An upward revision in inflation forecasts is anticipated due to increased fuel prices and ongoing global uncertainties.

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