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The Economic Times

Economy / The Economic Times

Quote of the Day by Kevin O'Leary: Im not trying to make friends, Im trying to Canadian business tycoons timeless wisdom on money and wealth

Kevin O'Leary, a prominent businessman and Shark Tank personality, built his success on a pragmatic approach to entrepreneurship. His philosophy, encapsulated by the quote 'Im not trying to make friends, Im trying to make money,' emphasizes profitability over popularity. O'Leary's career highlights the importance of clear goals, decisive action, and separating emotions from financial decisions for sustainable business growth.

22 May 2026 10:03 am
SSC CGL 2026 notification out: Check vacancy details, PDF download, application fee, last date, and how to apply for over 12,000 jobs in ministries, departments, and govt offices

SSC CGL Notification 2026 pdf: The Staff Selection Commission has opened registrations for the SSC CGL Examination 2026, aiming to fill approximately 12,256 Group B and C vacancies. The application window is open from May 21 to June 22, 2026, with Tier-I exams scheduled for August-September and Tier-II in December. Aspirants are urged to verify eligibility before applying.

22 May 2026 10:03 am
RBI not in favour of rate hikes to defend rupee, prioritises inflation

The Reserve Bank of India is not favoring interest rate hikes to protect the rupee. Instead, it is exploring other options. Inflation, not the currency, will guide borrowing cost decisions. Policymakers are considering various measures in coordination with the government.

22 May 2026 9:58 am
Samsung workers to begin vote on pay deal

SAMSUNG-ELEC-Samsung workers to begin vote on pay deal

22 May 2026 9:52 am
Who is Raseshwari Devi, spiritual leader behind upcoming 1,500-seat meditation and wellness centre on World Meditation Day 2026?

Raseshwari Devi ji: Spiritual leader Raseshwari Devi announced a new Yoga and meditation hall in Odisha and a week-long camp in Haridwar for World Meditation Day 2026. These initiatives, under the Braj Gopika Seva Mission, aim to promote spiritual learning and wellness. Raseshwari Devi, a proponent of Sanatan Vedic philosophy, has dedicated her life to spreading ancient wisdom and fostering community service.

22 May 2026 9:48 am
Quote of the Day by Jon Bon Jovi: Falling in love is painful on the knees - a relationship lesson from the Bed of Roses singer for people who dare to care

Quote of the Day by Jon Bon Jovi offers a sharp observation on love. His quote 'Falling in love is painful on the knees' reveals the vulnerability and emotional surrender relationships demand. It acknowledges that while love brings joy, it also carries the risk of pain and heartbreak. Understanding these emotions helps build resilience.

22 May 2026 9:36 am
'Do epic s**t': Why billionaire Ankur Warikoo still wakes up at 4:30 am even after closing his Rs 100 crore business

Ankur Warikoo, a popular finfluencer, has shared his disciplined morning routine. This comes after he announced the closure of his Rs 100 crore courses business. Warikoo wakes up before sunrise for meditation, reading, and physical activities like tennis and weight training. He prioritizes his well-being before engaging with news or starting work at 9:30 am.

22 May 2026 9:27 am
Actress and former beauty pageant winner who started acting at 17, left films to pursue PhD. Now, Swaroop Sampat blames Dhurandhar director Aditya Dhar for grey hair

Swaroop Sampat Rawal recently shared a humorous anecdote about director Aditya Dhar. She playfully blames him for her grey hair now and also praises Dhurandhar filmmaker's directorial style. Meanwhile, she is returning to the stage after 25 years in a new play.

22 May 2026 9:19 am
India generates record power as demand surges in severe heatwave

India's power producers achieved a record electricity generation as a severe heatwave grips the nation. Peak power demand hit an all-time high for the fourth consecutive day, reaching 270.82 gigawatts on Thursday, successfully met by the grid. This surge is attributed to increased use of cooling appliances amid soaring temperatures.

22 May 2026 8:55 am
'You have forgotten how you operated without AI: Ankur Warikoo reveals 3 dangerous signs of AI dependence

Ankur Warikoo highlights three key indicators of over-reliance on artificial intelligence. He explains that using AI to think for you, replacing learning with AI answers, and feeling incapable without AI assistance can hinder independent thought. Warikoo stresses the importance of using AI as a tool to enhance skills, not as a substitute for genuine learning and problem-solving.

22 May 2026 8:50 am
Modi pitches ease of living roadmap at Council of Ministers meet

Prime Minister Narendra Modi met with his council of ministers to discuss improving ease of living and doing business. The meeting focused on accelerating reforms to achieve a developed India by 2047. Ministers were urged to prioritize citizen comfort and ensure maximum benefit from welfare programs. Presentations covered government initiatives and recent foreign visits.

22 May 2026 8:47 am
Fencing work begins along India-Bangladesh border in Bengal after BSF gets 27-km land parcel

Fencing work has begun along the Indo-Bangladesh border in Phansidewa area of Siliguri subdivision after the West Bengal government handed over 27 kilometres of land to the Border Security Force (BSF), marking a key step toward strengthening border security in the region.

22 May 2026 8:43 am
North Carolina sues Vietnam's VinFast over delayed EV project

North Carolina has sued Vietnamese EV maker VinFast for failing to meet its commitments to build a factory. The company has abandoned the site for over a year, despite agreements to create 7,500 jobs and invest over $3 billion. The state seeks repayment of $80 million and the right to acquire the land for another manufacturer.

22 May 2026 8:39 am
Delhi, Noida, Ghaziabad temperature update: IMD issues orange alert for capital and NCR region, mercury to touch 44 degrees

Delhi temperature today: Delhi is bracing for a scorching week as temperatures are predicted to hit 44C, with an orange alert issued. Heatwave conditions are expected to persist for seven days due to dry northwesterly winds. Noida and Ghaziabad also face similar intense heat. Meanwhile, Banda in Uttar Pradesh recorded a staggering 48.2C, with residents citing deforestation.

22 May 2026 8:33 am
Army Chief meets Indian High Commissioner-designate to Bangladesh; discusses defence ties, border security

Dinesh Trivedi, High Commissioner-Designate of India to Bangladesh, called on Chief of Army Staff (COAS) General Upendra Dwivedi and held discussions focusing on strengthening India-Bangladesh defence cooperation, border security, and enhancing military-to-military engagement.

22 May 2026 8:31 am
US pauses $14 billion Taiwan arms sale to preserve munitions stockpiles for Iran conflict

The United States has halted a significant arms sale to Taiwan. This pause is due to concerns about maintaining sufficient munitions for a US military operation. Officials state the sale will resume when deemed necessary. The decision comes amid discussions about US weapons stockpiles and Taiwan's defense needs.

22 May 2026 8:18 am
Is Donald Trump doling out taxpayer funds to President's supporters convicted of attacking US Capitol?

The money would come from a nearly $1.8 billion anti-weaponization fund, intended to compensate people who claim, like Donald Trump, they were maliciously targeted under the Biden administration.

22 May 2026 7:43 am
Bengaluru rain update: Bangalore braces for intense showers, thunderstorms and strong winds as IMD issues yellow alert till May 24

Bengaluru rain today: Bengaluru is facing intense pre-monsoon showers, with a yellow alert issued for thunderstorms and lightning. Heavy rainfall on Thursday caused widespread waterlogging, uprooted trees, and disrupted Metro services, leaving commuters stranded. The weather is expected to remain unstable for three days, with the Southwest Monsoon anticipated to reach Karnataka in early June.

22 May 2026 7:35 am
100 is just a number...let rupee depreciate or reserves will bleed out: 16th Finance Commission chief Arvind Panagariyas advice to RBI

Arvind Panagariya, Chairman of the 16th Finance Commission, advises the Reserve Bank of India to allow the Indian rupee to weaken. He believes aggressively defending the currency with foreign exchange reserves is a losing strategy. Panagariya suggests that letting the rupee depreciate is the correct response to rising oil prices and currency pressure.

22 May 2026 7:33 am
Dalmia Bharat seals Rs 2,850 crore deal for JAL cement assets after Adani insolvency takeover

Dalmia Cement has acquired key cement assets from Jaiprakash Associates for 2,850 crore. This deal, facilitated by the Adani Group's insolvency resolution, strengthens Dalmia's presence in central India. The acquisition includes cement plants and power capacity, boosting Dalmia's total capacity significantly. This move accelerates expansion plans and provides faster market access.

22 May 2026 7:33 am
Why Rs 40 LPA earners dont feel richer than Rs 20 LPA earners. CA explains the hidden reason

High salaries do not always bring financial peace. Chartered Accountant Nitin Kaushik explains how lifestyle inflation traps urban professionals. Expenses rise with income, creating debt. Social media fuels comparison spending. Many buy things they do not need with borrowed money. True wealth is the gap between earnings and spending, not just salary figures.

22 May 2026 7:30 am
Adani Power strikes Rs 4,200 crore deal for Jaypee power assets amid group overhaul

Adani Power is set to acquire stakes in Jaypee Group's power companies for approximately 4,200 crore. This move will boost Adani Power's generation capacity and thermal power presence. The deal includes a stake in Jaiprakash Power Ventures and the Churk thermal power plant. This acquisition is part of a larger restructuring of the debt-laden Jaypee Group.

22 May 2026 7:09 am
Iran has destroyed roughly $1 billion worth of US Reaper drones

Iran has destroyed at least 24 MQ-9 Reaper drones operated by the US since the war began, with total losses possibly reaching 30, according to a person familiar with the matter. The losses, worth nearly $1 billion, account for about 20% of the Pentagons prewar inventory of the drones.

22 May 2026 7:04 am
Gold price crashes: Silver, gold rate fall big. What to expect in June?

Gold rate has been in volatile mode even as oil prices have jumped as investors doubted the prospects of a breakthrough in U.S.-Iran peace talks.

22 May 2026 7:04 am
Iran nimbler at rebuilding drones, missile capabilities than US expected: Report

US intelligence indicates Iran is rapidly rebuilding its drone production capabilities, exceeding anticipated timelines. This swift reconstitution of military assets, supported by Russia and China, suggests Iran remains a persistent regional threat, contradicting US claims of decimated capabilities. The rebuilding efforts are partly attributed to the perceived limited damage inflicted by US and Israeli strikes.

22 May 2026 6:55 am
Friday OTT releases of the week: Dhurandhar (Raw and Undekha to Ladies First to Madhuvidhu, new movies and shows on Netflix, JioHotstar, and ZEE5

This week brings a fresh lineup of movies and shows to OTT platforms. Viewers can enjoy spy thrillers, courtroom dramas, and comedies. New releases include Ladies First, Dhurandhar, System and more. There are many options for weekend entertainment. Read on to know when and where to watch them.

22 May 2026 6:55 am
Chandrayaan-3 receives 2026 AIAA Goddard Astronautics Award

India's Chandrayaan-3 mission has earned the prestigious 2026 Goddard Astronautics Award from the American Institute of Aeronautics and Astronautics. Recognized for its historic soft landing near the Moon's south pole, the mission provided crucial data for future lunar endeavors and confirmed the presence of vital resources.

22 May 2026 6:35 am
Drishyam 3 box office collection day 1: Mohanlal's Malayalam thriller opens on a strong note, mints Rs 43 crore worldwide

Drishyam 3, starring Mohanlal, has opened strongly at the box office. Despite mixed reviews, the film saw an impressive turnout, especially in Kerala, with the Malayalam original being the biggest contributor. The franchise's loyal fan base is evident in its global success. Read on to know how much it earned in India.

22 May 2026 6:34 am
Trump to deploy 5,000 troops to Poland post Karol Nawrocki's election as President

President Trump announced an additional 5,000 US troops would be sent to Poland, citing the election of President Karol Nawrocki. This decision reportedly blindsided Polish officials and NATO representatives, as the Pentagon simultaneously announced a reduction of Brigade Combat Teams in Europe, returning troop levels to 2021. The move follows a review of US force posture in Europe.

22 May 2026 6:26 am
Hormuz closure threatens recession rivaling 2008, Rapidan Energy Group says

Rapidan Energy Group warns that if the Strait of Hormuz remains closed through August, the world economy could face a downturn approaching the severity of the 2008 financial crisis.

22 May 2026 6:22 am
Chinese Proverb of the Day: 'A gentleman would rescue a man trapped in a well, but he...'- Life lessons by the ancient chinese proverb that teaches why compassion must always be guided by common sense

A Chinese proverb teaches that true compassion involves helping others wisely, not recklessly. A gentleman rescues someone from a well but avoids jumping in himself, demonstrating that effective aid requires common sense and self-preservation. This balanced approach ensures one can continue to help without becoming a victim.

22 May 2026 5:40 am
Venezuela third largest supplier of crude to India in May

India's crude oil imports see a significant shift this May. Venezuela has become the third-largest supplier, surpassing Saudi Arabia and the US. This surge is due to Indian refiners, like Reliance Industries, buying more of Venezuela's cost-effective, heavy crude. Overall imports are up, though still below pre-Iran war levels. Supplies from Saudi Arabia have decreased.

22 May 2026 5:30 am
More RWAs may find their place in the Sun as govt looks to scale rooftop solar installations

As part of a nationwide strategy to enhance rooftop solar energy deployment, resident welfare associations are emerging as crucial allies for the government. The PM Surya Ghar Muft Bijli Yojana is specifically designed to cater to apartment complexes and cooperative housing societies, unlocking renewable energy avenues in urban locales where individual roof spaces are limited.

22 May 2026 5:30 am
Vedanta Resources looking to rejig $5.5 bn holdco debt in one go

Anil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-3.7 billion through 10-year bonds and $1.5-1.7 billion via five-year loans. This move seeks to better align debt repayments with dividend inflows from its operating companies.

22 May 2026 5:30 am
Automakers remodel supply chain strategy

Indian carmakers are shifting from a 'just-in-time' to a 'just-in-case' inventory strategy, stocking critical auto components for three to six months instead of the previous 30-45 days. This change is a direct response to persistent supply-chain disruptions driven by geopolitical factors, signaling a new permanent operating reality for the industry.

22 May 2026 5:30 am
Airtels new priority plan under govt lens

Indian authorities are scrutinizing Airtel's new priority postpaid service. The Telecom Regulatory Authority of India and the government are checking if the service, which uses network slicing, adheres to net neutrality rules. They aim to ensure prepaid users do not experience reduced service quality. Airtel's new offering targets its postpaid customer base.

22 May 2026 5:30 am
India considering steps to control CAD amid Rupee, export pressure: Piyush Goyal

India is actively exploring ways to manage its current account deficit and the weakening rupee. The government is monitoring the global economic situation, including the impact of the Iran war. Steps are being considered to address the widening trade gap. Recent measures include increased import duties on gold and silver, along with restrictions on certain silver imports.

22 May 2026 5:30 am
Is the Nancy Guthrie investigation being handled properly? John Ramsey urges Guthrie family to question investigation as disappearance passes 100 days

John Ramsey urges the family of missing Nancy Guthrie to question police actions. He believes police departments cannot excel at everything and external help is crucial. Ramsey draws parallels to his daughter JonBenet's case where offers of assistance were reportedly refused. He stresses the importance of scrutinizing police work and ensuring all resources are utilized.

22 May 2026 4:44 am
Kyle Busch the NASCAR icon dies at 41: What was the cause of his sudden passing?

NASCAR legend Kyle Busch has passed away at 41. The two-time Cup Series champion was a record-breaking driver. Busch was hospitalized earlier due to a severe illness. His passing leaves a void in the racing world. He was known for his fierce passion and skill. The entire NASCAR family mourns this immense loss.

22 May 2026 3:53 am
Donald Trump says hell try and make Don Jr.s wedding but admits it's not good timing-here's why

President Trump stated he will ry and make his son Donald Trump Jr.'s upcoming wedding, acknowledging it's ot good timing due to the Iran situation. He expressed concern about public perception regardless of his attendance. The wedding is reportedly a small, private affair in the Bahamas.

22 May 2026 3:01 am
Quote of the day by Anna Kendrick: 'People don't have to do things by half measures because they aren't getting...' - life lessons on passion, hard work, effort and how to stay motivated without rewards by Pitch Perfect and Up in the Air actress

Quote of the day by Anna Kendrick: Anna Kendrick emphasizes that passion, not payment, should drive our efforts. She argues that when we're not compensated, it's an even greater reason to invest our full energy and commitment. This internal drive fosters meaningful action, skill development, and personal satisfaction, regardless of external rewards.

22 May 2026 1:26 am
Banks casual in granting big loans, strict with small borrowers: SC

The Supreme Court has noted a troubling trend where banks like State Bank of India are casual in sanctioning large corporate loans. However, they impose difficult conditions on ordinary citizens seeking small personal loans. The court suggested the government frame policies for easier loan access for the less privileged.

22 May 2026 1:17 am