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The Economic Times

Economy / The Economic Times

Psychology says people who don't offer their seats on buses or metros aren't always inconsiderate but the reasons still deserve attention

Psychology does not support such a broad conclusion. There are many reasons why someone may not offer their seat. Some people may simply not notice the situation, others may assume someone else will step in, and some may be managing invisible medical conditions or limitations that are not immediately obvious.

9 Jul 2026 3:41 pm
Quote of the day by Diogenes: To one who asked what was the proper time for lunch, he said, 'If a rich man, when you will; if a poor man... Greek philosopher's timeless lesson on wealth, hunger, luxury and inequality

Quote of the day by Diogenes: Diogenes' ancient quote To one who asked what was the proper time for lunch, he said, If a rich man, when you will; if a poor man, when you can reveals stark differences between the wealthy and the poor. It shows how privilege dictates choices while poverty necessitates survival and gives rich people the liberty to choose the life they want to live, in contrast to poor people.

9 Jul 2026 3:38 pm
Tech's brutal layoffs continue and India alone may lose up to 35,000 jobs

Global technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automating tasks, even while reporting strong revenues. India's IT sector faces potential job losses as companies redesign their operational strategies. Fresh graduates are experiencing delayed onboarding and withdrawn job offers from major tech firms.

9 Jul 2026 3:37 pm
She missed IIT-JEE but changed the world of AI; Meet Niki Parmar the brain behind behind ChatGPT and and Geminis core technology

Niki Parmar, after failing the IIT-JEE, pursued her own path in computer science. She discovered artificial intelligence through online courses and dedicated self-study. Her family provided crucial support during financial challenges in the United States. Parmar then joined Google and co-authored the groundbreaking Transformer architecture paper. Today, she co-founds Essential AI, continuing her work in building advanced AI tools.

9 Jul 2026 3:32 pm
Maruti dealer kept accident-hit car for nearly 10 years, consumer panel orders it to pay nearly Rs 1 lakh compensation

A customer's car remained at a dealership for ten years after an accident. The consumer commission dismissed the dealer's appeal and upheld compensation. No evidence proved the vehicle had undergone any repair work. The dealership failed to provide clear records of the extensive repairs. This decision ensures the customer receives due compensation for the service deficiency.

9 Jul 2026 3:30 pm
These windows keep homes cool by 5C: Scientists develop special glass that reduces AC use and electricity bills

New transparent cooling technologies are being developed for windows. These advanced coatings reflect unwanted solar heat while allowing indoor warmth to escape. Researchers have created a durable coating that maintains cooling performance even after exposure. This innovation promises to reduce building temperatures without consuming electricity. Future windows could significantly lower air conditioning dependence and improve comfort.

9 Jul 2026 3:29 pm
Russian President Vladimir Putin likely to escalate Ukraine war, despite Donald Trump peace push, sources say

Kremlin sources indicate a high probability of conflict escalation in coming months. President Putin rejects peace talks, seeking full Donbas control as a key victory. Ukraine's intelligence suggests Putin prepares new operations, possibly beyond its borders. Recent drone strikes on Russian energy infrastructure have strengthened Putin's resolve. This situation intensifies the ongoing grinding ground war in eastern Ukraine.

9 Jul 2026 3:27 pm
Air India chairman N. Chandrasekaran to oversee firm with interim panel; CEO search continues, source says

Air India Chairman N. Chandrasekaran is forming an interim committee to oversee the airline. This committee will manage operations while a successor for CEO Campbell Wilson is sought. Pradeep Singh Kharola, a former civil aviation official, will also join the panel. Wilson's notice period concludes on September 30, marking his departure. The airline faces scrutiny after a significant financial loss and safety concerns.

9 Jul 2026 3:20 pm
BRICS nations adopt first joint statement at women ministers' meeting: Union Minister Annapurna Devi

BRICS nations unanimously adopted a joint statement on cooperation for women's empowerment. The meeting focused on sharing best practices and promoting digital inclusion for women. All member countries reaffirmed their commitment to women-led development initiatives. Delegates appreciated products made by women from self-help groups. India hosted this significant meeting under its BRICS chairmanship.

9 Jul 2026 3:17 pm
NITI Aayog holds stakeholder consultation on critical mineral demand, supply chain security amid rising clean energy needs

NITI Aayog convened experts to assess India's future critical mineral needs. Discussions focused on demand, supply chain vulnerabilities, and domestic capabilities. India's clean energy and advanced manufacturing expansion will drive mineral demand. The nation faces import dependency, requiring supply source diversification and domestic value chains. These efforts aim to secure long-term economic and national security objectives.

9 Jul 2026 3:06 pm
Quote of the day by Aristotle: 'Mothers are fonder than fathers of their children because they are more certain they are their own.' - Tutor to Alexander the Great on why Mothers love more fiercely

Aristotle linked stronger maternal affection to biological certainty in ancient times. He believed this certainty intensified emotional attachment to children. Modern views acknowledge broader factors shaping parental love beyond biology. Adoptive parents and caregivers demonstrate deep devotion without biological certainty. Aristotle's perspective offers historical insight into family bonds and trust.

9 Jul 2026 3:04 pm
Govt to examine Meta's Muse AI tool that lets users generate images from Instagram profiles: IT Secretary

India's government will examine Meta's new AI image tool for legal compliance. Concerns are growing over privacy and the use of Instagram photos. The tool allows image generation from public Instagram profiles without explicit consent. Experts warn this could normalise deepfakes and harm creators' reputations. Meta states users control content reuse and can disable the feature.

9 Jul 2026 3:02 pm
Iran summons UK ambassador over stabbing allegation: state media

Iran summoned the British ambassador to protest accusations after a London court jailed two individuals. The court convicted the individuals for a knife attack carried out on behalf of Iran. British security officials stated the abhorrent attack was conducted on behalf of Iran. Iran's ministry conveyed its protest against the British government's inappropriate approach. Tehran also cited Britain's hosting of channels encouraging violence and terrorism.

9 Jul 2026 3:00 pm
India's food services market to reach $50 billion by FY31, online share to rise to 18%: Report

India's food services market is set to reach USD 150 billion by FY31. Online food delivery will capture an increasing market share, rising to eighteen percent. Rising consumer spending and convenience fuel this market's expansion. Organized food service brands are expected to grow faster than the unorganized sector. Snacks, desserts, and beverages present attractive growth opportunities for companies.

9 Jul 2026 3:00 pm
Battery Smart raises Rs 124 crore debt

Battery Smart secured debt funding to expand its battery swapping network. This investment will support infrastructure growth in urban and semi-urban markets. The company's model allows quick battery exchanges for electric vehicle users. Battery Smart currently operates over 1,600 stations in more than 70 cities. This funding boosts responsAbility's total commitment to Battery Smart significantly.

9 Jul 2026 2:58 pm
600 dead in Democratic Republic of Congo Ebola outbreak

The Ebola outbreak in the Democratic Republic of Congo has now claimed 600 lives, figures published by the World Health Organization showed Thursday, only three days after the figure topped 500. Updated numbers issued by the UN health agency showed there have been 1,759 confirmed cases in DR Congo since the outbreak was declared in mid-May, including 600 confirmed deaths.

9 Jul 2026 2:54 pm
Avatar Aang: The Last Airbender OTT release in India: When and where to watch the long-awaited animated movie online

The Avatar Aang animated film is all set to premiere globally on OTT this month. This new release date is much earlier than the original October 2026 theatrical schedule. The movie will debut directly on OTT for viewers worldwide. Read on to know when and where to watch it online.

9 Jul 2026 2:54 pm
Want fewer flies at home? These 7 carnivorous plants can help naturally get rid of them

Carnivorous plants offer a fascinating glimpse into evolution and survival strategies. These unique plants actively trap and digest insects, thriving in nutrient-poor soils. Several species, like the Venus flytrap and sundew, are surprisingly easy to grow indoors. Proper care involves using mineral-free water and providing ample sunlight for optimal growth. These captivating plants can also serve as natural pest controllers in home environments.

9 Jul 2026 2:53 pm
Best Mexican Proverb of the Day: War is waged by fools for the benefit of the wise. A life lesson on questioning the true cost of conflict

Best Mexican Proverb of the Day: War is waged by fools for the benefit of the wise explores the hidden costs of conflict. Derived from the Mexican saying La guerra la hacen los tontos en provecho de los sabios, the proverb encourages critical thinking by reminding people to consider who bears the sacrifices and who ultimately benefits before becoming involved in disputes.

9 Jul 2026 2:52 pm
Gurgaon Waterlogging: Why does the Millennium City of Fortune 500 firms flood every time it rains? The answer has nothing to do with weather

Gurugram's corporate corridor became a swamp after recent heavy rainfall. The city floods due to dismantled natural drainage systems over decades. Ponds and bunds, which once managed runoff, have largely disappeared. Extensive concrete development redirects rainwater onto unprepared roads. Restoring water bodies and green cover is essential to prevent future flooding.

9 Jul 2026 2:51 pm
Illegal, unsafe buildings: Supreme Court seeks action reports, summons senior MCD officials to Court

In a matter concerning illegal and unsafe buildings and structures across the country, the Supreme Court has passed strong directions by directing senior officials of municipal corporations and development authorities in Delhi, Gurugram, Lucknow, Patna and Tamil Nadu to submit status reports on the action taken against buildings that pose serious safety risks.

9 Jul 2026 2:49 pm
UK PM-in-waiting Andy Burnham vows to rebuild 'hard power' for more dangerous world

Andy Burnham plans to boost Britain's defense capabilities and industry. He believes a dangerous world requires renewed focus on hard power. Investment in defense will help reindustrialize struggling parts of Britain. Burnham also seeks closer defense ties with European nations. He will speed up negotiations with the European Union on key issues.

9 Jul 2026 2:48 pm
Air Force sergeant promotion errors: 'No AI products used, result of human error,' says Air Force service after 135 airmen lose promotions

Air Force sergeant promotion errors: Over 100 US Air Force personnel lost promotions due to a scoring error. An outdated answer key mistakenly graded exams for Security Forces staff sergeants. This error caused 135 promotions to be revoked after a thorough review. Another 135 airmen now receive promotions through a supplemental release. Officials confirmed the incident was human error and not artificial intelligence.

9 Jul 2026 2:45 pm
Deendayal Port Authority loads 38,500 MT of Bentonite on MV BUZZARD in under 23 hours; sets record

Deendayal Port Authority achieved a significant milestone loading Bentonite cargo. The port also set a new national record for single-day cargo handling. These achievements highlight the port's operational efficiency and commitment to excellence. The port previously reported strong growth in Liquefied Petroleum Gas cargo handling. These successes reinforce Deendayal Port's leading position in India's maritime sector.

9 Jul 2026 2:44 pm
US President Trump says 11 jets downed during India-Pak hostilities last year, repeats role in resolution of conflict

Donald Trump reiterated his claim of resolving the India-Pakistan conflict last May. He stated eleven jets were shot down during the four-day hostilities. Trump asserted he deserved a Nobel Peace Prize for settling eight wars. Pakistan's Prime Minister Shehbaz Sharif credited Trump with saving millions of lives. India maintains the conflict ended through direct military talks without US mediation.

9 Jul 2026 2:41 pm
Raw milk, beef liver and heart: Erling Haaland's 6,000-calorie diet plan that keeps him super-charged revealed by health influencer

Norwegian footballer Erling Haaland revealed his daily diet and recovery habits. His diet includes fresh eggs, sourdough bread, raw milk, and beef. Health influencer Paul Saladino praised many of Haaland's food choices. Saladino criticized the footballer's use of non-stick cookware during meal preparation. Haaland consumes over six thousand calories daily to support his demanding profession.

9 Jul 2026 2:40 pm
El Nino emerges as key risk to FMCG demand, weak monsoon could weigh on rural consumption

India's FMCG sector faces headwinds as El Nino threatens a weaker monsoon. A deficient monsoon could hurt agricultural output and weaken rural sentiment. This situation may lead to higher food inflation and reduced household discretionary spending. Farm incomes could be impacted, weighing further on rural consumption. The full impact of a deficient monsoon is likely visible towards year-end.

9 Jul 2026 2:36 pm
Modi govt hurt national interests by letting China capture India's critical industries: Congress

Congress president Mallikarjun Kharge accused the government of harming national interests. He cited reports claiming China powers India's strategic and critical industries. Imports from China have significantly increased since the Galwan clash. This has led to a substantial trade deficit with the neighboring country. Kharge highlighted dependence on China for antibiotics and EV components.

9 Jul 2026 2:36 pm
Italian corporate bank lending in May posts fastest growth since September 2022

Italian bank loans to companies increased at their fastest pace since September 2022. Deposits held by residents at Italian banks grew annually, showing a slight decrease from April. Bond fundraising also saw a yearly increase, though it was down from the previous month. These figures reflect the financial activities of Italian banks during the specified period. The data provides insight into recent lending and deposit trends within Italy.

9 Jul 2026 2:31 pm
Arvind Kejriwal to address media at 4 PM over fuel pricing

Arvind Kejriwal will address fuel pricing concerns at a press conference today. He alleges petrol should cost 82 rupees per liter but is sold at 102. Union Minister Hardeep Singh Puri noted price cuts are a legitimate question now. Oil companies absorbed significant losses selling fuel below cost previously. Puri also defended the ethanol blending program and its benefits.

9 Jul 2026 2:27 pm
Quote of the day by Robert Pattinson: I feel fortunate because success didn't reach me very young. At least, I had the opportunity to have a what the Tenet actor teaches about fame, success and staying grounded

Quote of the day by Robert Pattinson discusses the hidden sacrifices and emotional toll that accompany global stardom. He feels fortunate to have lived a life before achieving widespread recognition. This perspective highlights the value of personal growth before public attention arrives. Pattinson's upcoming roles include Dune: Part Three and The Odyssey. His career success makes his reflections on balance particularly meaningful.

9 Jul 2026 2:27 pm
Just For Laughs Toronto 2026: Pete Davidson, Tiffany Haddish headline star-studded comedy festival; dates, venues and ticket details

Just For Laughs Toronto 2026 will present ten days of comedy shows. Major international comedians like Pete Davidson and Tiffany Haddish are scheduled to perform. The festival is set to run across multiple Toronto venues from September 24. Presale tickets are available now, with general sales opening soon. Audiences are advised to book early for preferred seating and showtimes.

9 Jul 2026 2:21 pm
Thieves cut overhead electrical wire in Gaya-Patna rail section, train services affected

Thieves cut and stole an overhead electrical wire near Tehta and Jehanabad stations. This incident disrupted train services for nearly three hours on Thursday morning. Railway Protection Force recovered the stolen electrical wire material. Affected down trains were operated under single-line working while repairs occurred. The electrical wire was repaired and declared fit by railway staff.

9 Jul 2026 2:15 pm
Pharma companies' Q1 margins likely to decline despite revenue growth: Goldman Sachs

Indian pharmaceutical firms anticipate revenue increases in the first quarter of fiscal year twenty twenty six twenty seven. Profitability is expected to decline due to an unfavorable product mix and higher input costs. The domestic market continues to show healthy growth, supported by volume and pricing improvements. US generic drug pricing remains benign, though injectable segments see monthly increases.

9 Jul 2026 2:12 pm
Hormuz & Iran war can slow India down but not hold it back

Despite the Iran war, Strait of Hormuz risks and elevated crude oil prices, the IMF expects India to remain one of the world's fastest-growing major economies. Strong consumer spending, booming automobile sales, rising FMCG demand, resilient services and robust domestic consumption are helping shield India's economy from global shocks and trade uncertainty.

9 Jul 2026 2:05 pm
IBS Group launches new AI company; to invest $500 million

IBS Group has launched Naviq Technology, an artificial intelligence firm for the global travel sector. The company will invest USD 500 million over the next five years. Naviq Technology aims to partner with airlines and hospitality groups for business transformations. It will provide AI-first innovations to enhance operational efficiency and user experiences.

9 Jul 2026 2:01 pm
California co-founder of $8 billion asset management firm fired for skipping his own return-to-office rule, now seeks $30 million

A co-founder of California-based Bramshill Investments, an $8 billion asset management firm, has sued after being fired for allegedly violating the company's own five-day return-to-office policy. William Nieporte claims the mandate was used to push him out of the business and is seeking at least $30 million in damages.

9 Jul 2026 2:00 pm
Why do people keep saying thank you again and again: Psychology study says it doesn't simply mean gratitude reveals the hidden meaning behind this habit

Repeatedly thanking friends for small favors signals deeper connection and care. Psychology suggests over-thanking reflects how individuals experience receiving help. Gratitude acts as an interpersonal signal, showing someone feels genuinely seen. Unexpected support often creates a stronger emotional response and strengthens bonds. This behavior reflects an ability to recognize kindness and appreciate meaningful connections.

9 Jul 2026 1:55 pm
20-year-old Haryana merchant navy seaman goes missing off Ukraine coast, family seeks answers

A young merchant navy seaman from Haryana has gone missing after an incident at sea. Deepak Duddi was reportedly last seen on duty aboard a vessel near Odesa. His family received news of his disappearance from the ship's owning company. They are seeking an investigation and intervention from the Indian government. The family hopes authorities will help uncover what happened to him.

9 Jul 2026 1:52 pm
India-New Zealand FTA to make 57% of NZ exports tariff-free from day 1, Kiwi PM says

New Zealand's Prime Minister Christopher Luxon announced a significant trade deal with India. Fifty-seven percent of New Zealand's exports will enter India tariff-free immediately. Prime Minister Narendra Modi will visit New Zealand from July 10-11. This agreement expands access for New Zealand businesses to India's large economy. Discussions will cover trade, commerce, and defense cooperation between the two nations.

9 Jul 2026 1:52 pm
AstraZeneca shares slide after Ionis-partnered drug fails late-stage heart disease trial

AstraZeneca shares fell after Wainua failed a key trial. The drug did not reduce cardiovascular deaths or heart problems. Wainua showed no effect in patients already on stabilizer therapy. A subgroup taking the drug without stabilizers showed a nominal benefit. This setback impacts a projected two billion dollar sales opportunity.

9 Jul 2026 1:44 pm
FIFA World Cup 2026: Some goals down? Comeback history says it's not over yet

FIFA World Cup 2026 Comeback: Football's World Cup stage has witnessed numerous dramatic comebacks. Argentina recently escaped a two-goal deficit against Egypt in a thrilling match. The 1954 Austria versus Switzerland game ended with a remarkable seven-five scoreline. Eusebio's four goals rescued Portugal from a three-goal deficit in 1966. These historic recoveries highlight the tournament's enduring magic and unpredictability.

9 Jul 2026 1:39 pm
US approves sale of Tomahawk missiles to Germany: Friedrich Merz

Germany will purchase American Tomahawk cruise missiles for its defense. Chancellor Friedrich Merz announced this agreement on Thursday at a NATO meeting. These long-range missiles will help close a significant strategic gap in German defenses. Germany also plans to develop and station its own European missile systems. This decision follows previous doubts and a dispute with the US president.

9 Jul 2026 1:39 pm