The Economic Times

Japanese Foreign Minister Toshimitsu Motegi met with Indian External Affairs Minister S Jaishankar. Discussions centered on strengthening bilateral ties and cooperation on global issues. Both nations agreed to boost economic security and promote investment. They also committed to advancing defense and security initiatives. The leaders confirmed cooperation for energy and critical material supply in Southeast and South Asia.

Petrol and diesel prices have reached their highest levels since May 2022, with a fresh hike of Rs 2.612.71 per litre announced on Monday, May 25, 2026. This marks the fourth increase in 11 days, bringing the cumulative rise to nearly Rs 7.5 per litre. The hikes are attributed to surging global crude oil prices following disruptions in shipments.

US-Iran war: United States and Iran are negotiating to finalize a peace deal for West Asia. Discussions focus on Iran's nuclear program and lifting sanctions. Both sides are reportedly optimistic about bridging gaps. A delegation from Iran is in Qatar, a key mediator. Progress hinges on Iran disposing of enriched uranium before sanctions relief.

Russia's Foreign Minister Sergei Lavrov informed US Secretary of State Marco Rubio about Moscow's decision. Russia will launch systematic strikes on sites in Kyiv. These sites are linked to the Ukrainian military. The move is a response to what Russia calls terrorist attacks by Kyiv on Russian territory.

Pakistan has rejected joining the Abraham Accords. Defence Minister Khawaja Muhammad Asif stated the nation's fundamental ideologies conflict with such agreements. He questioned the trustworthiness of engagement with Israel. Pakistan maintains a clear stance against normalization. The country's passports do not even list Israel's name. This comes as former US President Donald Trump urged several nations to join the accords.

India and Canada are working to finalize a trade agreement this year. Both nations aim to significantly boost economic cooperation. Bilateral trade is targeted to reach fifty billion dollars by twenty thirty. This renewed engagement follows recent high-level visits. Discussions also cover energy, agriculture, and technology partnerships. A large Indian business delegation is participating in the ongoing talks.

Compressed Natural Gas (CNG) prices in Delhi have seen another Rs 2 per kg increase, bringing the total to Rs 83.09, effective May 26, 2026. This marks the third price hike in under two weeks, with cumulative increases over the last ten days attributed to rising global energy prices and supply chain disruptions.

Ekadashi kab hai: Padmini Ekadashi, a significant Hindu festival, will be observed on May 27, 2026. Devotees will fast and worship Lord Vishnu seeking blessings. This year, the observance is particularly auspicious as it falls during Adhik Jyeshtha Maas. Rituals include early morning baths, offering prayers, and chanting mantras. Fasting on this day is believed to bring spiritual growth, peace, and prosperity.

Explosions rocked Iran's Bandar Abbas city and coastal regions near the Strait of Hormuz. Iranian media reported the sounds on Monday. The cause of the blasts remains unknown. Officials have not yet commented on the situation. The area east of Bandar Abbas is reportedly under control. Similar sounds were also heard near Sirik and Jask.

To the Bone delivers a hard-hitting lesson about life through Keanu Reeves unforgettable dialogue on pain, fear, and resilience. The film reminds viewers that suffering cannot be avoided, but strength lies in how people respond, heal, and continue moving forward despite lifes toughest realities. Read on to know why it is still relatable today.

Global gas markets are on edge as the Strait of Hormuz remains largely closed. Traders are watching China and weather forecasts closely. Hotter summers in Asia, potentially fueled by El Nio, will increase air conditioning use. This could boost demand for liquefied natural gas, especially from China, leading to fiercer global competition and higher prices as Europe prepares for winter.

US-Iran war: Iranian President Masoud Pezeshkian has ordered the restoration of international internet access. This move follows a period of suspension due to attacks and protests. The decree aims to return internet access to its previous state. For months, Iranians have only had access to domestic platforms. This decision marks a significant shift in connectivity.

Quote of the Day by Juvenal: Juvenals quote, Many commit the same crime with a very different result. One bears a cross for his crime; another a crown explores the idea of unequal consequences in human society. The quote suggests that even when people commit the same wrongdoing, the outcomes are not always the same.

India needs to produce more edible oils domestically. Kuok Khoon Hong, chairman of Wilmar International, suggests aiming for 50-60% self-sufficiency. This move is crucial given India's vast consumption and current reliance on imports. Stable government policies are key to encouraging local oilseed cultivation. Global factors are also driving up cooking oil prices.

African Proverb of the Day highlights the meaning of To love someone who does not love you, is like shaking a tree to make the dew drops fall. The saying reflects the emotional pain of one-sided love and the futility of forcing affection where genuine feelings do not exist. It suggests that true love must grow naturally through mutual care, respect, and emotional connection rather than through constant pursuit or sacrifice.

Why are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil prices dropped nearly 7% after reports suggested the United States and Iran were moving closer to a deal linked to the Strait of Hormuz. Brent crude and US WTI futures declined as traders reacted to hopes of improved oil supply. Analysts said uncertainty still remains because negotiations are not final and oil flows through the region continue to face restrictions.

Quote of the day by Jennifer Aniston highlights the importance of flexibility in life, career and decision-making. Jennifer Anistons quote, I always say dont make plans, make options, explains how people can prepare for change and handle uncertainty. The quote connects with success, goals, achievement and personal growth. The statement also reflects Anistons own career journey from television actor to film star and businesswoman.

Nearly 20% of India's trucks are off the roads. Diesel shortages and price hikes are crippling the transport sector. Small operators are hit hardest. Freight rates are increasing, threatening to raise prices for food and other goods. Oil companies state shortages are localized. Demand is expected to ease with the monsoon.

India's economy shows resilience and strong domestic demand. Finance Minister Nirmala Sitharaman highlighted that external factors are causing challenges. The government is taking calibrated policy actions to support businesses and maintain growth momentum. High-frequency indicators like GST collections and sales of vehicles and tractors show positive trends. The finance minister assured that suggestions for further measures will be considered.

Quote of the day by Blake Lively highlights how gossip often comes from insecurity and fear of judgment. The quote explains why people criticize others to feel accepted or safe. Blake Livelys words connect with discussions on self growth, self improvement quotes, motivational quotes, and celebrity quotes. The message also relates to social behavior, confidence, and emotional awareness in daily life.

Greek Proverb of the Day highlights the meaning of A woman has nine lives, a man only one. The saying reflects the resilience, emotional strength, and endurance often associated with women in facing lifes struggles and responsibilities. It suggests that women have a remarkable ability to recover from hardship, adapt to difficult situations, and continue moving forward despite repeated challenges.

Chinese proverb of the day highlights the importance of courage, success, achievement and calculated risks in life. The ancient Chinese saying teaches that people must step outside comfort zones to gain rewards. The proverb also explains how fear, opportunity, hard work and decision-making are linked in personal growth, leadership, business and education. Its meaning continues to remain relevant in modern life, careers and relationships.

African proverb of the day highlights the importance of communication, wisdom, and human connection. The proverb Having a good discussion is like having riches explains how meaningful conversations can help people gain knowledge, solve problems, and build trust. The saying also teaches that ideas and understanding can become a form of wealth. The proverb remains relevant in daily life, workplaces, friendships, families, and communities across the world.

Quote of the Day by Thucydides: Thucydides quote, It is frequently a misfortune to have very brilliant men in charge of affairs. They expect too much of ordinary men highlights the challenges of leadership when highly intelligent individuals set unrealistic expectations for others. The quote suggests that brilliance, while valuable, can sometimes lead to frustration in leadership if it is not balanced with understanding of human limitations and clear, practical communication.

New research from the University of Exeter reveals beetroot juice significantly lowers blood pressure in older adults. Drinking nitrate-rich beetroot juice twice daily for two weeks improved blood pressure. This effect is linked to changes in mouth bacteria that help produce nitric oxide, crucial for healthy blood vessels.

Quote of the Day by Lucretius: Lucretiuss quote, The greatest wealth is to live content with little, for there is never want where the mind is satisfied explores the idea that true richness is not measured by material possessions, but by inner peace and contentment. The quote suggests that when a persons mind is satisfied, external desires lose their power, and life feels abundant even with minimal resources.

Spanish Proverb of the Day highlights the meaning of To tell a woman what she cannot do is to tell her what she can. The saying reflects the idea that attempts to limit someones abilities can often have the opposite effect, strengthening their determination and inner resolve. It suggests that external restrictions or doubts can become a source of motivation, encouraging individuals to challenge expectations and prove their potential.

Taylor Swift reportedly admires Travis Kelce's 'real' personality, finding his open and confident nature refreshing compared to past relationships. Their courtside appearance at the Eastern Conference finals, including Kelce's viral beer-chugging moment, highlighted their chemistry and public support for each other, fueling ongoing romance buzz.

Greek proverb of the day: Old age arrives with many changes. Physical, emotional, and social shifts occur together. This ancient Greek proverb highlights that aging is a complex experience. It encourages awareness and preparation for life's transitions. Understanding these combined effects helps in valuing health and relationships earlier.

Bitcoin (BTC USD) crash and recovery analysis: Bitcoin's rally to $126,000 in October 2025 faltered due to tariff shocks, liquidations, and ETF outflows, pushing prices down to $77,000. Recovery hinges on holding the $79,000-$80,000 zone, institutional demand, and a shift in monetary policy. Forecasts for a return to previous highs vary, with some expecting it by late 2026 or early 2027.

Roman emperor and Stoic philosopher Marcus Aurelius remains widely admired for the timeless lessons in his work Meditations, particularly his reflections on patience, cooperation, and human nature. One of his well-known quote encourages people to approach others with understanding rather than frustration. Rooted in Stoic philosophy, the quote reflects his belief that individuals should focus on controlling their own reactions instead of becoming consumed by the mistakes of others.

A Chinese proverb teaches that in any group, there is someone to learn from. This wisdom emphasizes humility and continuous growth. It highlights that everyone possesses unique knowledge and experiences. This perspective fosters respect and understanding in all interactions. Embracing this idea leads to personal development and a richer understanding of the world around us.

Quote of the Day by Horace: Horaces quote, Time will bring to light whatever is hidden; it will cover up and conceal what is now shining in splendor, highlights the powerful role of time in revealing truth and reshaping perception. The quote suggests that nothing remains hidden forever, as time eventually exposes reality, while also reminding us that present fame, success, and glory are temporary and can fade with changing circumstances.

NARCL has already filed applications linked to both the corporate guarantee of Jaiprakash Power Ventures and personal guarantees of chairman Manoj Gaur and vice-chairman Sunil Kumar Sharma, and is exploring legal remedies to maximise recoveries from residual assets and obligations tied to Jaypee Group entities, they said.

The reserve price for the bids, with a June 17 deadline, is Rs 200 crore, showed a document on the website of the process advisor, BoB Capital Markets. It said the residual liabilities represent the net balance remaining following the mandatory deduction of recoveries realised under the resolution plan whereby ArcelorMittal India had taken over Essar Steel in a bankruptcy administration.

Coal-fired power plants in India are reportedly blocking the evacuation of solar power into the grid, leading to significant renewable energy curtailment.

BP already has a similar arrangement for ONGC's flagship Mumbai High fields, but the latest move significantly expands its role, making it responsible for helping enhance output from fields that account for about 72% of ONGC's gas production and 60% of its oil output.

Indias fertiliser subsidy bill could surge past a record 3 lakh crore this fiscal if the West Asia crisis continues, sharply exceeding the budget estimate of 1.71 lakh crore, a government official said.

State-run oil marketing companies have increased petrol and diesel prices by about 2.7 per litre, marking the fourth hike in 11 days and pushing the total rise to around 7.58 per litre.

Quote of the Day by Niccol Machiavelli: Machiavellis quote, Men are driven by two principal impulses, either by love or by fear explores the fundamental forces that influence human behavior and decision-making in everyday life. The quote suggests that most actions are shaped either by emotional connection, trust, and affection, or by caution, pressure, and the instinct to avoid negative consequences.

Indian Railway Finance Corporation has entered metro rail financing. It signed a term loan agreement to refinance 13,527 crore debt for the Hyderabad Metro Rail project. This move is expected to help the project report a profit next year. Hyderabad Metro's earnings before interest, taxes, depreciation, and amortization are already positive.

Bank deposit rates are set to rise. Costs for certificates of deposit have increased, signaling banks will soon offer better returns to savers. This is driven by tighter liquidity and higher demand for funds. Experts anticipate deposit rates will move upwards, even without an immediate policy rate hike from the Reserve Bank of India.

India's Android smartphone manufacturing is heating up. As a key government scheme concludes, companies are competing fiercely on price. Brands are now spreading their orders across more manufacturers. This shift is impacting major players, with mid-tier rivals gaining ground. Companies are actively seeking new business to drive growth in a market facing stagnant volumes.

India will launch an updated Index of Industrial Production on June 1. The new IIP will feature a 2022-23 base year and include sectors like minor minerals and waste management. It will offer more detailed tracking of industrial activity. This revamp aims to provide a clearer picture of India's industrial growth.

India and Japan are addressing disruptions in energy supply chains and maritime connectivity. External Affairs Minister S Jaishankar met his Japanese counterpart Toshimitsu Motegi. They discussed bilateral cooperation and global issues. Both nations are energy importing and big trading countries. Economic security is a key concern for both. They aim to advance industrial and technological collaboration in critical sectors.

The government is set to link fertiliser sales with the national AgriStack database. This digital initiative aims to prevent the misuse of subsidised nutrients and monitor farm-level usage. Authorities will match fertiliser purchases with farmer IDs and land details. This will help identify excessive buying and estimate nutrient needs.

Electricity distribution companies must finish rooftop solar project inspections by May 31. This ensures projects already installed remain exempt from a new domestic solar cell rule starting June 1. Delays in certification could make projects non-compliant. The Ministry of New and Renewable Energy issued this advisory to avoid issues for project owners. This move supports domestic solar module manufacturing.