The Economic Times

Immanuel Kant was a major German philosopher known for his work on reason, morality, and human understanding. The quote of the day from him reflects a practical view of life, suggesting that fulfillment comes from purpose, relationships, and hope for the future rather than abstract ideals. Across his philosophical works, Kant emphasised human reason, moral responsibility, and the idea that individuals shape their understanding of reality through the mind.

This Jewish proverb teaches that if you do not change your actions, life will not improve and may become worse. It explains the importance of taking action instead of waiting or hoping. The message shows that real change needs effort, courage, and new steps. It reminds people that doing nothing keeps problems growing and only action can create a better life.

Rumors swirled that Taylor Swift and Travis Kelce held a stake in Kentucky Derby contender 'The Puma,' reportedly influencing betting lines. However, the horse was scratched hours before the race due to a minor health concern. Kelce has a prior connection to horse racing with a horse named 'Swift Delivery'.

Chinese Proverb of the Day: A Chinese proverb, To hit a dog with a meat-bun, so it leaves never turning around, warns against irreversible loss. It highlights how carelessly investing resources like money, time, or trust can lead to permanent consequences. The saying emphasizes the importance of mindful action, foresight, and recognizing the value of what we give away.

Leo Tolstoys quote, Let us forgive each other, only then will we live in peace, carry a simple yet powerful message about human relationships and emotional balance. It reminds us that disagreements and misunderstandings are a natural part of life, but lasting peace depends on how we respond to them. Quote of the day by Leo Tolstoy encourages letting go of anger, pride, and resentment in order to build healthier connections with others.

The Indian subsidiary of the UK-based GSK PLC had urged the court to cancel the mark used by the local company in pharmaceutical and medicinal preparations. It argued that despite getting the mark more than two decades ago, Shreya Life Sciences had never used it and hence, under Section 47 of the Trade Marks Act, the registration was liable to be removed from the register of trade marks on account of non-use.

Key areas of discussion included strengthening oversight and monitoring mechanisms within banks to enhance recoveries through DRTs, prioritising high-value cases for optimal recovery outcomes; leveraging Lok Adalats as an effective alternate dispute resolution, it said, adding mechanisms for expeditious disposal, procedural reforms to accelerate case disposal and comprehensive capacity-building initiatives were discussed.

Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condition that companies receiving FDI shall obtain necessary licence or approval from the Insurance Regulatory and Development Authority of India to undertake insurance and related activities, the notification stated.

The company entered corporate insolvency resolution process (CIRP) in July 2023 on a plea by Beacon Trusteeship Ltd. It has two secured creditors-Beacon Trusteeship with Rs 902 crore and 60.54% committee of creditors share, and Assets Care and Reconstruction Enterprise Ltd with Rs 589 crore and a 39.46% share.

Quote of the Day: Filmmaker Michael Moore's quote, Capitalism means that a few people will do very well, and the rest will serve the few, starkly reflects his lifelong critique of economic inequality. His documentaries, from Roger & Me to Capitalism: A Love Story, consistently illustrate how corporate power and economic policies disproportionately benefit a select few while impacting the majority.

Actor Cillian Murphy advises trusting your gut feeling. He believes instinct guides us better than pure logic. This inner compass can lead to growth and fulfillment. Murphy's own career shows the power of following intuition. His wisdom offers inspiration for navigating life's choices. He urges people to listen to their inner voice.

An employee with around 1.5 years of experience has shared his resignation story on Reddit, alleging increasing micromanagement from his manager despite consistent performance and timely work delivery. He claimed that the workplace became more stressful over time, with close monitoring of routine activities and unclear support from seniors. After securing another job offer, he resigned, but said the situation escalated during his notice period, with the manager allegedly hinting at a negative ex

Parliamentary committees have flagged a consistent trend of central ministries failing to spend allocated budgets, leading to significant fund surrenders. Reports highlight poor budgeting and forecasting models across major ministries, including Defence, Petroleum, and Housing, with substantial reductions at the revised estimates stage and low utilization rates.

US President Donald Trump voiced frustration over Iran negotiations. He stopped short of threatening new airstrikes. Trump stated he was not satisfied with the current deal. Iran's foreign minister said Tehran is ready for diplomacy if US demands change. The Strait of Hormuz remains a key point of contention. US gasoline prices have surged due to the ongoing situation.

Lok Sabha Speaker Om Birla has reconstituted four key financial and department-related parliamentary committees. These committees will serve for the 2026-27 financial year. Several prominent leaders have retained their chairpersonships. Faggan Singh Kulaste heads the Committee on the Welfare of Scheduled Castes and Scheduled Tribes. Baijayant Jay Panda chairs the Committee on Public Undertakings.

Mizoram Rural Bank is recognized as one of India's most progressive Regional Rural Banks. The bank achieved a remarkable Credit-Deposit Ratio of 63.28 percent. Its total business turnover reached over 10,600 crore rupees. Mizoram Rural Bank also leads in digital transactions in Northeast India. The Chief Minister lauded its contribution to state development.

Global trade volumes are growing despite concerns about the WTO. Experts discussed reforming the WTO's rules and governance. They highlighted the rise of 'precautionism' and the need for balanced reform. India's role in plurilateral negotiations was debated. The WTO remains indispensable for global trade and multilateralism.

Nepal's new Prime Minister Balendra Shah is set to break tradition. He will not undertake immediate foreign trips. Instead, his focus will be on addressing the needs of the general population and driving development within Nepal. This approach marks a shift from previous prime ministers who often traveled abroad shortly after taking office.

Former Bihar Chief Minister Nitish Kumar has moved to a new residence at 7, Circular Road in Patna. This relocation occurs as discussions about a potential Bihar Cabinet expansion intensify. Kumar previously resided at 1 Anne Marg for two decades. Political leaders are visiting Kumar at his new home.

African proverb of the day: The apple does not fall far from the tree. This timeless proverb reminds us that children often reflect the behavior, values, and character of their parents, showing how deeply upbringing and early environment shape who we become, while also highlighting the lasting influence of family across generations in shaping human identity and life choices.

An India-bound LPG carrier, MT Sarv Shakti, has successfully navigated the Hormuz Strait. This marks a significant passage following recent disruptions. The vessel carries a substantial amount of LPG and is expected to reach Visakhapatnam soon. Several Indian-flagged vessels were previously stranded. However, some Indian LPG and crude oil vessels have safely transited the strait since the crisis began.

The death of Alex Zanardi has brought renewed attention to one of the most powerful moments of his life. After a horrific 2001 crash that resulted in the loss of both his legs, Zanardi chose to focus on survival rather than loss, saying, Who cares about my legs? I am alive. I am able to do a lot of new things. He went on to rebuild his life, becoming a Paralympic champion and global symbol of resilience.

The Centre has appointed R Balasubramaniam and Joram Aniya as full-time members of NITI Aayog, taking the total number of such members to seven. Aniya, an academic from Arunachal Pradesh, brings over 18 years of experience in teaching, research and public policy, and is known for her work on Nyishi literature and culture.

Delhi-NCR experienced much-needed relief from intense heat as rain and thunderstorms swept across the region on Saturday night. The India Meteorological Department had issued yellow and orange alerts for heavy rain and thunderstorms. Temperatures saw an increase on Saturday morning, but the forecast suggests continued light rain and thunderstorms for the next few days, with no heatwave expected.

Fresh elections will be held in Falta Assembly Constituency on May 21, 2026. The Election Commission of India ordered the new polling across all 285 stations. This decision follows severe electoral offenses and subversion of the democratic process during the April 29, 2026 polls. Vote counting is scheduled for May 24, 2026.

India has eased foreign investment rules. Overseas firms with up to ten percent Chinese ownership can now invest in India without prior government approval. This change applies to investments under the automatic route. The government aims to boost foreign capital inflows. This move follows earlier restrictions imposed in 2020. The new rules are effective immediately.

Embrace your true nature without pressure or comparison, as fulfillment comes from accepting yourself, not performing for others. Virginia Woolf's A Room of One's Own emphasizes authenticity over rushing or artificial sparkle. This message remains relevant today, offering a grounding perspective against societal demands for speed and perfection.

Alexander Pushkin's profound quote, A deception that elevates us is dearer than a host of low truths, explores the human preference for uplifting illusions over harsh realities. The article delves into Pushkin's life and literary achievements, highlighting how his works, though sometimes controversial, shaped modern Russian literature by focusing on realism and human complexity.

Nicole Kidman and Tom Cruise are reportedly being linked to a potential private reunion with their adopted children, Bella and Connor, more than two decades after their 2001 divorce. Sources suggest discussions are underway for a low-key family dinner in either London or Florida, depending on logistics and availability. The reported plan follows major personal changes in Kidmans life after her separation from Keith Urban.

Jerry Seinfelds quote of the day offers a practical take on decision-making. It pushes back against the common belief that choosing a different or unconventional path is always the right move. Instead, it suggests that some paths are avoided for valid reasons, such as risk, inefficiency, or lack of reward. The quote is often seen as a humorous response to Robert Frosts poem The Road Not Taken, which has long been interpreted as encouraging individuality.

Iran and the US face a prolonged standoff. The US is intensifying economic pressure on Iran's economy. Iran indicates it can withstand the strain. The situation suggests a lengthy impasse. Both nations are showing endurance. The global economy may feel the impact of this deadlock.

The new system removes physical toll barriers and enables seamless vehicle movement. The MLFF framework introduces barrier-less tolling with minimal human intervention, enabling vehicles to pass through toll locations without stopping and ensuring seamless traffic flow, the release said.

Sudden food cravings often signal more than just indulgence. Nutritionist Lovneet Batra explains common urges. Sweet cravings might mean low energy, while salty ones could indicate dehydration. Carb cravings may point to low protein. Fizzy drink desires can be thirst. Sour food urges might relate to digestion. Batra offers healthier alternatives for each.

Economist Gary Shilling has made shocking predictions about U.S. stock market including S&P 500 and recession that may grip the country's economy.

A Harvard-trained gastroenterologist has identified eight common daily habits that could be silently impacting your health. From holding your pee and sleeping with your mouth open to poor posture and eating too fast, these seemingly minor actions can lead to infections, pain, and digestive issues. Learn how to adjust these routines for better well-being.

A Gurugram-based software engineer earning Rs 13 LPA, worried about possible layoffs amid rising AI adoption, sought advice from ChatGPT on building a side income. With monthly expenses around Rs 60,000, he wanted a practical backup plan, and the AI suggested three options, freelance tech work for quick earnings, AI-driven automation services for scalability, and content creation for long-term growth, along with a focused 30-day plan to help him start small, find clients, and aim for his first R

African proverb of the day: An African proverb, 'Ugliness with a good character is better than beauty,' challenges superficial definitions of worth. It emphasizes that inner qualities like kindness and integrity hold more value than outward appearance, guiding us to build meaningful connections and self-perception based on true character.

In a move to strengthen economic ties, France is pushing for actionable measures to eliminate trade obstacles between India and the European Union. Minister Delegate Nicolas Forissier emphasized the urgency of addressing non-tariff challenges. With the recent Free Trade Agreement in place, the aim is to ensure it serves as a win-win for both regions.

Electricity bills are going down for some people in Connecticut from May 2026. The new rule will give automatic monthly savings on power bills. This is to help families facing high energy costs. The discount depends on the company you use. But the full bill may not drop much. Prices can also change later based on actual costs and updates.

Bob Dylans quote, Sometimes its not enough to know what things mean, sometimes you have to know what things dont mean, is a striking reminder that understanding life goes beyond fixed definitions. It suggests that clarity often comes not from what is explained, but from what is left unsaid, unseen, or undefined.

KB Chaat in Karol Bagh, New Delhi, offers a unique eggless omelette called moonglet. This vegetarian dish originated from leftover moong dal batter. The vendor's father established the stall in 1970. Today, the stall sells around 200 moonglets daily, alongside other popular chaat items. The moonglet has become a special attraction.

A major breakthrough in a decade-old bank fraud case. Kamlesh Parekh, a fugitive wanted for Rs 2,672 crore fraud, has been arrested. He was extradited from the UAE to India. Parekh is accused in a case involving Shree Ganesh Jewellery House. The CBI had filed charges against him.

The government has extended the minimum import price (MIP) on virgin multi-layer paper board at 67,220 per metric tonne until September 30, 2026, according to an official notification.

China's Commerce Ministry has blocked U.S. sanctions on five Chinese oil refiners. These companies were accused of purchasing oil from Iran. The U.S. Treasury had previously imposed sanctions on Hengli Petrochemical and four other refineries. China states these sanctions violate international law. The injunction prevents the U.S. from recognizing or implementing these sanctions.

New rules allow overseas firms with up to 10 percent Chinese ownership to invest in India automatically. This applies to sectors open for foreign direct investment. However, companies registered in China, Hong Kong, or countries sharing a land border with India are excluded. These changes aim to streamline investment while maintaining oversight. The Finance Ministry has notified these updated regulations.

Berkshire Hathaway now has very high cash and a new CEO after Warren Buffett. The company is not investing much and is selling stocks. Experts are asking what it will do next. Some say it may give dividends. Others think it will focus on energy and business growth. Big changes may happen soon.