The Economic Times

Matt Damon quote of the day: During MIT's 2016 commencement ceremony, actor Matt Damon articulated the pivotal role of clean water in eradicating extreme poverty. He highlighted that sustainable access to this vital resource is essential for fostering societal stability and spurring economic growth. Matt Damon's quote resonate deeply, illuminating the ecological challenges we face and the urgent need for collective action to address them.

Shakira once revealed that her secret to maintaining big, sexy hair was simply not cutting it, after regretting a haircut that took a long time to grow back. In a 2014 Glamour interview, she also said confidence, self-trust and a good smile matter more than makeup or clothes. The Colombian singer has since built a globally influential career spanning decades.

New rules are being prepared for electronic applications for lower TDS certificates. Taxpayers can soon apply online for reduced or nil tax deductions. This initiative aims to ease compliance burdens for small taxpayers. The Income Tax department disposed of many appeals in the last fiscal year. Faceless assessments were also completed, though fewer than previously.

Proverb of the day: An insightful Estonian proverb underscores death as the ultimate leveler, emphasizing that riches and liabilities dissolve once life concludes. As society obsesses over material gains, it often overlooks the transient nature of such pursuits. Genuine satisfaction stems from nurturing relationships and leading a life filled with purpose. This age-old wisdom advocates for the pursuit of experiences and inner tranquility rather than mere accumulation of possessions.

A24's The Invite is all set to make its digital debut. This film features Seth Rogen and Penlope Cruz in key roles. The movie explores awkward dinner encounters and relationship troubles between neighbours. It had a limited theatrical rollout in India on July 10, 2026. Viewers can anticipate its digital debut after the cinema run.

Airtel Business and ITI Ltd have partnered to offer digital solutions to enterprises. This collaboration aims to enhance Airtel's share in the public sector market. They will combine high-speed connectivity with secure data center and cloud services. The partnership will also support the nation's defence and security needs. Both companies will jointly address cybersecurity risks and data demands.

India's ultra-luxury housing market is experiencing significant growth and expansion. Gurugram is emerging as a strong contender in high-value property transactions. Homes priced above 20 crore are seeing substantial sales increases. Meanwhile, the supply of affordable homes is declining across major cities. This indicates a widening gap in the Indian property market.

Aubrey Plaza once delivered a witty take on ambition and success in her iconic quote from Parks and Recreation. By humorously connecting time, money, power, and pizza to knowledge, she effectively pokes fun at the hustle culture's unrealistic expectations and rewards. Recently, she also embraced motherhood with the arrival of her first child with Christopher Abbott.

India's youth unemployment rate fell to 9.9 percent in 2025 from 10.9 percent in 2022. The worker population ratio for young people increased to 41.4 percent during the same period. Various government schemes are actively promoting employment generation and improving employability. Over 12.5 lakh recruitment letters were issued through Rozgar Melas since October 2022. MSMEs and PLI schemes are significantly contributing to job creation across the nation.

The Centre has launched a new bill to limit state taxation on mineral rights, aiming to centralize authority over selected mineral-rich areas. This legislation seeks to ensure a consistent fiscal framework for mineral resources across different states. Despite the government's justification focusing on economic investment and efficiency, members of the opposition expressed significant concerns regarding the erosion of federal principles inherent in such changes.

The government stated no policy prevents airport operators from holding airline equity. However, existing contracts may restrict such cross-ownership arrangements. Airports Authority of India received a waiver request for these contractual restrictions. This request is currently under examination by the Ministry of Civil Aviation. Incumbent airlines have voiced concerns about potential conflicts of interest.

In a significant development, CNH India has witnessed a 42 percent rise in domestic tractor sales, securing its highest market share to date. The first half of the year also saw exports grow by roughly 20 percent. In response to this success, the company aims to build a new manufacturing unit near Greater Noida to enhance production capacity.

Government's combined disinvestment and asset monetisation mop-up reached Rs 45,306 crore in FY26. This figure surpassed the Revised Estimates for the fiscal year. Disinvestment contributed Rs 16,886 crore, while asset monetisation added Rs 28,420 crore. For the current fiscal, Rs 80,000 crore is budgeted for these receipts. So far, Rs 59,083 crore has been realized in FY27.

Global Capacity Centres are becoming smaller and more engineering-focused. India's GCC market is projected to reach one hundred billion dollars by 2030. Companies are prioritizing specialized talent and faster product development. Artificial intelligence enables greater output with smaller, agile teams. Value density and strategic work routing now define center importance.

Hindustan Copper plans to sell copper concentrate from acquired mines to Hindalco and Adani. The company is also discussing a joint venture with Chile's Codelco for mining operations. India's mines secretary confirmed discussions for four copper mining blocks from Codelco. Due diligence is ongoing for a potential joint venture with partners like Coal India. Mining operations are expected to commence within a decade, securing future supply.

NCP (SP) MPs, led by Supriya Sule, met Prime Minister Narendra Modi. They discussed various Maharashtra-related issues concerning their constituencies. Drought and onion prices were among the topics raised during the meeting. This discussion followed a previous meeting between Sharad Pawar and the Prime Minister. The NCP (SP) is currently a constituent of the opposition INDIA bloc.

Opposition protests disrupted Lok Sabha proceedings on Monday, with members demanding Union Home Minister Amit Shahs presence and protesting the July 20 police crackdown on student protesters.

The Supreme Court on Monday asked the Manipur and Assam governments to consider setting up two exclusive special courts to hear CBI and NIA cases arising from the 2023 ethnic violence. The court also directed authorities to compile case details and reports, enabling victims, families and legal counsel to access relevant records.

The government appears to be shifting its focus from attracting short-term foreign capital to securing long-term foreign investment as it seeks to strengthen Indias external accounts.A reported proposal to raise the threshold for FDI projects requiring CCEA approval from 5,000 crore to 15,000 crore could ease approvals for large investors.

In the heart of Spain, Belchite offers a poignant glimpse into the devastation of the Spanish Civil War. After experiencing catastrophic destruction, General Francisco Franco opted to preserve the town's ruins as a stark reminder of the era. Now, Belchite draws visitors eager to understand the heavy toll of this historical conflict, resonating as an everlasting symbol of a challenging chapter in Spanish history.

India's Asiatic lion population has significantly increased from 523 in 2015 to 891. Project Lion, launched in 2020, aims for long-term conservation and habitat expansion. Conservation efforts focus on habitat improvement and community involvement for wildlife coexistence. The species' geographical range has expanded from 30,000 to nearly 35,000 square kilometers. These initiatives ensure the Asiatic lion's continued presence for future generations.

Sadhguru, in a blog post, explained that attention naturally moves towards whatever we consider important. He said suffering is not simply showered upon us but can be manufactured by the mind. His metaphor of the mind as a manufacturing unit suggests that repetitive thoughts and emotions can intensify distress. The Indian gurus message encourages people to observe their thoughts and become more conscious of where they direct their attention.

The government plans to proceed with its strategic sale of public sector enterprises. Ministries have requested reconsiderations, but few changes are expected. IDBI Bank remains the primary focus for a strategic sale process. The Centre aims to boost disinvestment receipts and demonstrate commitment to privatisation. New strategic sale cases will likely emerge after the IDBI Bank transaction.

George R.R. Martin's once said in a quote that the conflict is between love and responsibility. Human emotions often challenge ideals of honour and duty in his stories. Characters frequently face difficult choices between personal desires and obligations. This tension is central to both A Song of Ice and Fire and House of the Dragon. Read on to know why the quote of the day felt relevant.

Purvah Green Power will acquire a 1.4 GWp solar portfolio for 4,834 crore. This acquisition will increase Purvah's contracted renewable capacity to 4.8 GWp. The acquired solar assets are spread across Rajasthan and Karnataka states. More than ninety percent of capacity is contracted with SECI under long-term agreements.

Delhi-based entrepreneur Kanika Jain shared how a 27-year-old candidate refused to work Saturdays, saying he had a life outside office. Though she initially called him lazy, she hired him for sales. He later outperformed everyone for two consecutive quarters, earned clients trust through honesty, and continued playing cricket, guitar and spending time with family, changing Jains perspective on workplace commitment.

Mahindra Group named Amit Sinha as CEO of its Holidays and Lifespaces sector. This strategic move aims to accelerate growth and operational synergies across these businesses. Sinha will assume the role after a new CEO is appointed at Mahindra Lifespaces. The group's real estate and hospitality businesses have shown significant momentum and growth. Both sectors possess tremendous potential for future expansion and development.

Premier League fans in India demonstrate significant spending power and digital service subscriptions. The league's reach has expanded considerably across television and digital platforms. Viewership is growing beyond major cities, indicating wider appeal. Major international tournaments boost subsequent Premier League engagement significantly. This affluent and engaged audience offers brands substantial advertising opportunities.

Aswin K, a 12-year company veteran, now leads Singapore Airlines' India operations. He succeeds Sy Yen Chen, who managed the market for over five years. Aswin will oversee growth strategies and strengthen stakeholder relationships across India. Singapore Airlines holds a significant 25.1% stake in the enlarged Air India group. The airline remains committed to its award-winning service and global network.

Actor Govinda recently took a moment to address the swirling rumours around his alleged affairs, praising his wife Sunita Ahuja's constant support in both good and bad times. He clarified that the chemistry seen on screen was strictly professional, asserting his innocence until well into his 30s. Read on to know if he accepted the cheating rumours or not.

Government e-Marketplace (GeM) has recorded a Gross Merchandise Value of over Rs 1.55 lakh crore, up sharply from Rs 422 crore a decade ago, Commerce Minister Piyush Goyal said. As of August 7, cumulative GMV since inception crossed Rs 20 lakh crore, with 3.78 crore orders placed through the digital procurement platform.

Actor Govinda recently talked about his enduring sorrow over the loss of his mother, Nirmala Devi, who passed away in 1996. Recalling an impactful incident by the Narmada River, he revealed how unexpected guidance redirected his life towards prioritising his family's welfare. This shift allowed Govinda to embrace a deeper understanding of success. Read on!

Ravi Kishans daughter Ishita Shukla chose a path away from Bollywood, joining the defence forces as an Agniveer under the Agnipath scheme in 2023. Her decision earned praise from Anupam Kher, while Ravi Kishan has often expressed pride in her military training and NCC journey. Actor R Madhavan also shares a connection with military service, having trained with the British Army, Royal Navy and Royal Air Force during his NCC years.

Hyundai India aims for one million connected car sales by 2027. The automaker is accelerating software-led vehicle technologies across its portfolio. More than 800,000 Hyundai connected cars are already on Indian roads. The Bluelink platform offers over seventy safety and convenience features. Upcoming electric SUVs will feature next-generation connected car technology as standard.

Income and equal pay are only parts of the equation. True financial empowerment begins with knowledge, enabling women to make informed decisions and build long-term financial independence with confidence.

The highly anticipated season 2 of Made in Korea is set to premiere on September 9, bringing us six riveting episodes. Fans will see the return of Hyun Bin as Baek Kitae, now elevated to a deputy director in the Korean CIA. Jung Woosung resumes his role as prosecutor Jang Geonyoung, who is bent on vengeance. Read on to know when and where to watch on OTT in India.

The International Finance Corporation has invested Rs 225 crore in NDR Smart Spaces. This investment will support the development of 20 million sq ft of warehousing infrastructure. The project focuses on tier 2 and tier 3 cities across India. NDR Smart Spaces will also develop cold storage facilities to address supply chain gaps. This initiative is expected to create approximately 24,000 direct jobs.

The intense heatwaves sweeping across Europe this summer are leaving deep economic scars. With soaring temperatures and severe drought hampering agriculture and power generation, key waterways are also facing transportation restrictions. Southern European regions are bracing for lower tourist influx and skyrocketing food costs as authorities grapple with increased financial pressures and the looming influence on the European Central Bank.

Baking soda can help refresh grimy household cleaning tools, from dish brushes and kitchen sponges to scrubbers and bottle brushes. Its mild abrasiveness can loosen grease, food residue and grime when mixed with water. However, baking soda is not a disinfectant. Clean tools thoroughly, dry them completely and replace sponges or brushes that remain dirty, damaged or odorous.

A purported June 4 letter from Adani Airports to the Airports Authority of India (AAI) seeks a waiver that would allow Adani Defence & Aerospace and its affiliates to invest in, establish, own or control a scheduled airline.

Congress asked NCP (SP) MPs to tell PM Modi about the INDIA bloc's position. They want the women's reservation law implemented immediately without linking it to delimitation.

Pinarayi Vijayan alleges government employees face a frightening situation due to government wrongdoings. He cited a clerk's death and a doctor's heart attack as examples of stress. Vijayan criticized mass transfers for political reasons, causing civil service standstill. He also refuted claims about the previous Left government's employee benefits. The opposition leader accused the current government of withholding benefits and targeting temporary workers.

Har Ghar Tiranga 2026 Registration: The Har Ghar Tiranga 2026 campaign has officially launched, inviting citizens to participate in the Independence Day celebrations. Participants can proudly display the Tricolour and upload their selfies through the dedicated platform. This years campaign marks 150 years of Vande Mataram and features a special five-step tutorial to help citizens learn and sing the National Song. After participating in the campaign activities, citizens can also download their ce

Rahul Gandhi demanded Home Minister Amit Shah's resignation over alleged police brutalities, saying that student protesters had to face tear gas, lathis, and pellet guns during their demonstration. Gandhi said the youth will hold political leaders accountable for their actions. He criticised Prime Minister Modi's image and propaganda efforts.

In India, over half of event goers venture outside their home cities, with respondents from non-metro areas demonstrating even more frequent out-of-town travel. Personal cars and domestic flights are the popular choices for transportation. A notable number of attendees prioritize events as the main focus of their travels, with professional networking identified as the foremost reason for participation.

Ankur Warikoo recalled how his father carefully saved every warranty card, from mixers and fans to their first music system and colour TV. He once found the habit funny but later understood it reflected a life of scarcity, where replacing things was never easy. His emotional reflection highlights a generational shift: They spent their life surviving. So that we could spend our life buying.

Govinda recently recalled providing major support to Salman Khan during one of the tough phases, encouraging him to prioritise his health and self-discovery. He forecasted a decade-long reign for Salman in Bollywood, a prediction that materialised as the star captured the industry's spotlight. Read on to know what was Govinda's advise to Bhaijaan.

Bengaluru CA Meenal Goel had her first money fight with her husband after 2.5 years of marriage when he wanted to invest Rs 5 lakh while she preferred renovating their home. The disagreement revealed they had never discussed financial priorities. They spent three hours creating a Family Financial Blueprint covering goals, spending, investments, responsibilities, emergency funds and personal priorities. Goel says the biggest mistake couples make is assuming they think alike about money.

NPCI plans to expand UPI internationally by targeting countries with large Indian diaspora populations, with CEO Dilip Asbe saying it could enter 15-20 markets over the next decade. NPCI is in talks with Japan, Malaysia and Bahrain, while exploring AI-enabled payments and building on UPIs presence in nine countries.

CA Nitin Kaushik warns that no cost EMIs can leave Indias middle class financially stretched by encouraging lifestyle upgrades through debt. He argues that five-year car loans and credit card EMIs for phones or vacations can consume future salaries and reduce financial flexibility. His simple rule: if you need to borrow for 36 months to buy a gadget, you cannot actually afford it.