The Economic Times
Elections 2026Economy / The Economic Times
Indian Naval Ship Sudarshini arrived in Boston for Sail Boston 250. The ship entered the historic port flying the Indian flag. Consul General Raghuram S visited the vessel at sea. This event marks the 250th anniversary of America's founding. Sail Boston 2026 is a significant international maritime gathering.
Archaeologists discovered a sealed bronze bottle containing ancient beer. This remarkable find offered insights into Qin-era brewing and burial practices and what stunned scientists was that they identified over 2,400 compounds confirming a deliberately brewed alcoholic beverage. The beer recipe, using multiple grains, was never recorded in historical texts.
A mild earthquake of magnitude 4.5 struck the Bay of Bengal early Sunday. Tremors were felt in several parts of Visakhapatnam city, which experienced mild shaking. The earthquake occurred at a depth of 10 km, with its epicentre offshore. Officials reported no casualties or property damage following the event. Residents remained calm as the situation returned to normal after the tremors.
India and New Zealand elevated their bilateral ties to a strategic partnership. Both nations aim to double bilateral trade between them by the year 2030. Prime Minister Christopher Luxon stated this will boost jobs and wages in New Zealand. Extensive discussions covered trade, defense, and cultural exchanges between the leaders. Several Memoranda of Understanding were exchanged following the productive talks.
Union Home Minister Amit Shah launched the 'Mission 5 Million Trees' campaign in Ahmedabad. This initiative aims to plant fifty lakh trees across the city to enhance green cover. The campaign involves extensive plantations along roads, gardens, and open spaces. Public participation is encouraged through initiatives like 'Green Volunteer' and 'Memorial Park'. Residential societies will also be transformed into 'Green Societies' under this program.
Jasmine Sandlas revealed her engagement to Shekhar Chaudhary during her India tour. She proudly introduced her fianc to the cheering audience on stage. The singer's heartfelt moment quickly went viral across social media platforms. While Sandlas enjoys public attention, Chaudhary prefers to remain private. The Dream Girl India Tour continues with upcoming shows in Mumbai and Bengaluru.
Linda Noskova secured her maiden Wimbledon title after a challenging match. She recovered from squandering five match points in the second set. Noskova found inspiration in the trophies while taking a break. She then dominated the deciding set to claim the championship. This victory marks a significant achievement for the young Czech player.
Several nations reaffirmed China's expansive South China Sea claims are illegal. A 2016 arbitration ruling declared China's claims lack legal basis. These countries oppose destabilizing actions threatening regional peace and stability. They also oppose the use of forces to harass lawful operations at sea. Territorial disputes should be resolved peacefully under the UN Convention.
Best Italian Proverb of the Day: Once the Law Is Made, a Loophole Is Found explores the timeless idea that whenever rules are created, someone often searches for a way around them. Discover the meaning, translation and enduring life lesson behind this famous Italian proverb, and why its message about ethics, responsibility and human ingenuity remains relevant in the modern world.
Uttar Pradesh Chief Minister Yogi Adityanath launched a campaign to plant thirty-five crore saplings. He stressed the importance of caring for Mother Earth's health. The state government also replaced halogen lights with energy-saving LEDs. This initiative significantly reduced carbon emissions and saved money. Solar energy initiatives are also making green energy more accessible.
Stoic philosopher Epictetus taught that loss should be viewed as returning something rather than losing it. His philosophy emphasised accepting what cannot be controlled, practising self-discipline and focusing on personal actions. A Greek thinker who founded a school in Nicopolis, his teachings influenced figures like Marcus Aurelius and were preserved by his student Arrian. His simple life and wisdom continue to inspire gratitude, self-awareness and emotional resilience.
India and England will compete in a three-match ODI series during July 2026. The series will feature matches at Edgbaston, Sophia Gardens, and Lord's. Jasprit Bumrah's return to ODI cricket after 2023 is a significant development for the team. Both teams have announced their respective squads for the upcoming fixtures. Fans anticipate a competitive and engaging contest between these two strong sides.
Nepal students form the largest group of foreign students studying in India. Karnataka emerged as the top destination state for these international students. India's higher education institutions welcomed students from 173 countries in the recent academic year. Foreign student enrollments saw a significant increase over the past five years. Undergraduate programs attracted the highest proportion of international students pursuing studies.
Honda Motorcycle and Scooter India sees strong long-term potential in India's two-wheeler market. Rising personal mobility and workforce participation will support industry growth. New models are planned for launch in the second half of this year. The company remains committed to expanding its electric vehicle portfolio. Multiple technologies including ICE and EVs will coexist for the foreseeable future.
Quote of the Day by Socrates: The ancient Greek philosopher Socrates is often remembered for encouraging people to question themselves before judging others. One quote widely attributed to him says, You seek a spouse without blemish, yet you yourself are a creature of a thousand errors. Marriage is not the meeting of two perfect beings, but the patient endurance of two imperfect ones. The message explores humility, patience and the reality that lasting relationships are built by accepting flaws
Indian Bank aims for Rs 5,500 crore bad loan recovery this financial year. The bank has already collected USD 140 million in foreign currency deposits. It plans to raise USD 2 billion in FCNR(B) deposits by September. Current Account and Savings Account deposits saw robust growth of 15.3 percent. Indian Bank revived seventeen lakh inoperative accounts in the June quarter.
Sheikh Hamad bin Khalifa Al Thani, the former emir of Qatar who transformed the Gulf nation into a global hub for diplomacy, media and investment, has died at 74, state media reported. The cause of death was not disclosed.
Finance Minister Nirmala Sitharaman will meet public sector bank chiefs Monday. They will review efforts to attract foreign currency deposits from overseas Indians. The Reserve Bank of India removed interest rate ceilings on certain deposits. This move aims to boost inflows and encourage external commercial borrowings. Banks will also discuss increasing credit flow to productive economic sectors.
German engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments due to Chinese competition. Exports have declined, impacting Germany's once-strong industrial position. Young engineers now face a more challenging job market than before. This situation signals a significant shift in the country's economic landscape.
Weather Forecast Today: The India Meteorological Department forecasts an active monsoon day across many Indian states. Heavy rainfall and thunderstorms are expected in northern, eastern, and northeastern regions. States like Uttarakhand, Bihar, and Assam are under heavy rainfall warnings. Delhi, however, anticipates mostly cloudy skies without any rainfall alerts. Residents are advised to remain alert for potential waterlogging and localized flooding.
ONGC has drilled its second geothermal well in Ladakh's Puga Valley. This marks a significant step towards developing India's first pilot geothermal power plant. The company's research arm drilled the well to 1,000 meters, improving on previous timelines. This new well will support a 1-megawatt electric pilot geothermal power plant. The project aims to pave the way for commercial geothermal energy exploitation in India.
Looking to brighten your home without risking your pets safety? These six pet-friendly indoor plants are non-toxic to cats and dogs, adding greenery, freshness, and peace of mind to your space.
Hyderabad-based neurologist Dr Sudhir Kumar has highlighted a new study suggesting that sleep may be the missing link in weight management. According to the research, reducing sleep by about 80 minutes a night for six weeks led to an average weight gain of 0.45 kg, a larger waistline and more sedentary behaviour. The doctor stressed that healthy weight management rests on three pillars: a balanced diet, regular exercise and seven to nine hours of quality sleep.
Bangladesh's first nuclear power plant is nearing completion on the Padma river banks. This facility will supply a substantial portion of the nation's electricity needs. The project aims to reduce reliance on imported fossil fuels and external shocks. While facing cost escalations, the plant is expected to offer long-term energy security. Small modular reactors are also being explored for future energy diversification.
India's Russian crude oil imports reached a record high in June. This surge made India the second-largest buyer of Russian hydrocarbons globally. Indian refineries processed Russian crude, exporting refined products to sanctioned nations. These exports included diesel and jet fuel to the United Kingdom. China remained Russia's top fossil fuel customer during this period.
Global data center capacity faces delays and cancellations until after 2026. Power and supply chain constraints are significantly impacting new builds. Developers are reassessing projects amid rising costs and long lead times. Demand for AI workloads continues to grow, creating tight capacity. Long-term outlook remains constructive as new power sources come online.
Congressman Ro Khanna detained: Congressman Ro Khanna reported being detained by armed Israeli settlers in a Palestinian village. He stated settlers carrying American-made rifles blocked his vehicle for over an hour. Israeli security forces eventually arrived and dispersed the settlers, allowing his delegation to proceed. Khanna was visiting the occupied West Bank to understand conditions for Palestinians. He is also considering a 2028 presidential election bid.
Rescue teams recovered the last missing person, raising the death toll to nine. Fourteen individuals were successfully rescued from the collapsed waste processing unit. The incident occurred after an adjacent garbage mound fell onto the building. The company will cover medical expenses and provide compensation to victims' families. A job and education support will also be offered to affected families.
A fire erupted in a northwest Delhi residential building on Saturday night. Police and fire services launched a massive evacuation and firefighting operation. Narrow lanes complicated the fire tenders' swift arrival at the scene. Gas cylinder and air conditioner unit explosions occurred during the incident. No casualties were reported due to timely police and fire department efforts.
A massive wildfire has broken out near Jaisalmer's border region. Flames quickly engulfed a large area in Raimala village due to strong winds. Fire tenders and a brigade team were dispatched to control the raging blaze. Civil defence and local villagers are assisting relief efforts. The cause of the fire remains unknown, and no casualties have been reported.
The European Union's plan to regulate children's access to social media follows the implementation or proposal of similar measures around the world. In China, where the internet is tightly regulated by the state, minors' access to social media has been restricted progressively since 2019.
Lok Sabha Speaker Om Birla provided financial aid to families of deceased pregnant women. He assured that those found guilty during investigations would face consequences. Medical experts submitted recommendations to prevent future incidents at the hospital. Four maternal deaths were reported at Bhilwara District Hospital since the sixth. Investigations are underway to determine the causes and address any treatment gaps.
My Life with the Walter Boys Season 3 premieres on Netflix on August 6, 2026. Based on Ali Novak's bestselling Wattpad novel, the coming-of-age drama follows Jackie Howard, a Manhattan teenager who moves to rural Colorado after losing her family and finds herself caught in a love triangle with brothers Alex and Cole Walter. Starring Nikki Rodriguez, Noah LaLonde, Ashby Gentry and Alisha Newton, the series has already been renewed for Season 4, due in 2027.
Red light therapy has emerged as one of the fastest-growing wellness trends, with celebrities, clinics and consumers turning to LED masks, light beds and wearable devices for skin and recovery benefits. Once limited to dermatology clinics and rehabilitation centres, the treatment is now moving into homes and luxury wellness centres.
Indias younger generations are increasingly treating inherited gold jewellery as a financial asset rather than a family heirloom. Millennials and Gen Z consumers are selling or exchanging old ornaments to fund major life goals such as buying homes, higher education, starting businesses and investing in financial products.
A special investigation team is intensifying its probe into alleged donation embezzlement at Badrinath Dham. CCTV footage shows a suspended employee suspiciously hiding cash and valuables from the counting room. Investigators are examining additional footage and call records of the accused employee. The investigation began after irregularities were detected during cash offering counting on July 2.
The Indian Army has released the Agniveer CEE Result 2026 online. Candidates can check their qualifying status on the official website. Shortlisted candidates will proceed to physical and medical examinations. The merit list is prepared based on the entrance examination performance. Further recruitment stages will be announced by respective Army Recruitment Offices.
South Korea issued its first-ever emergency heatwave alert on Sunday under a new warning system introduced this year, advising people to halt outdoor activities and keep cool. Under the emergency warning, people engaged in outdoor activities should stop immediately and move to a cool place, she said.
Fifteen Indian nationals died in a tragic boat accident near Phu Quoc, Vietnam. External Affairs Minister S Jaishankar expressed deep grief and offered condolences to the families. Two victims from Keralam were identified, and state government is assisting with repatriation. Andhra Pradesh also reported three deaths and one person in intensive care. Vietnam's Prime Minister directed urgent search and rescue operations for all victims.
AI detectors are now scrutinizing literary works, shifting focus from meaning to authorship. Readers are increasingly questioning whether texts originate from humans or algorithms. This trend reshapes literary criticism, making it resemble forensic science. Publishers are now emphasizing trust and author disclosure regarding AI use. Ultimately, the struggle inherent in human writing remains crucial for memorable literature.
Lionel Messi achieved a significant FIFA World Cup milestone on Saturday. He became the first player to record ten assists in the tournament's history. This achievement places him ahead of fellow Argentine legend Diego Maradona in the assist rankings. Argentina is now pursuing their fourth World Cup title in this competition. A potential semifinal match against England awaits if they advance past Switzerland.
The Tamil black comedy thriller Parimala and Co is now available for streaming. This film features a dysfunctional family whose lives spiral into chaos after a local rowdy's death. Suspicion falls within the household as each member had a reason to confront the deceased. The police investigation gathers pace while the family tries to uncover the truth. Jayaram leads an ensemble cast in this entertaining murder mystery.
Indian-American billionaire Vinod Khosla and his wife Neeru Khosla are acquiring the Seattle Seahawks. This landmark transaction is valued at an unprecedented nine point six billion dollars. Neeru Khosla will assume the role of the franchise's controlling owner after approval. The sale marks the highest price ever paid for an NFL team. Proceeds from this sale will be donated to charitable causes.
Chartered Accountant Nitin Kaushik highlights debt behind luxury living. Many professionals face high EMIs and career stress due to these obligations. This financial pressure can lead to burnout and reduced personal freedom. Maintaining appearances often becomes more important than genuine financial well-being. True wealth includes freedom from overwhelming debt and fixed monthly payments.
Two people died and four were injured during a Toronto street festival shooting. Police responded to the incident near St. Clair Avenue West and Arlington Avenue. A manhunt for the shooter was initiated by Toronto police officers. The Salsa on St. Clair festival atmosphere was shattered by the violence. Officials expressed devastation over the senseless loss of life.
Content creators are making cinema more accessible to a wider audience. These creators dissect films, sparking deeper discussions and wider film tastes. Social media platforms now serve as a gateway for discovering niche and underappreciated cinema. Audiences are actively engaging with content, fostering a sense of community. This digital shift is influencing viewing habits and the future of filmmaking.
The Indian Army will induct 450 Carl Gustaf M4 rocket launchers soon. This lighter weapon enhances infantry firepower and operational effectiveness in mountainous regions. The launcher operates effectively in extreme temperatures from deserts to the Himalayas. It fires various ammunition types, including anti-tank and smoke rounds. Saab manufactures the Carl Gustaf M4 in Haryana for domestic and export needs.

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