The Economic Times
Elections 2026Economy / The Economic Times
Aditya Birla Renewables acquired Sprng Energy's holding company for Rs 17,200 crore. This significant deal catapults the company's generation capacity to 9.2 gigawatts. Sprng Energy, previously owned by Shell Plc, operates across India. Shell had purchased Sprng Energy three years ago from Actis. The acquisition strengthens India's energy future and industrial competitiveness.
Psychology says people who don't like to wear anything in hand, fingers, ears or neck aren't always rejecting fashion or social customs. Many people avoid accessories because they value comfort, simplicity, personal choice, or freedom from distractions. Psychology suggests that this behavior may reflect preferences, habits, and personality rather than a fixed psychological condition. Understanding the reasons behind this choice helps avoid assumptions and encourages respect for individual differ
Quote of the day by Joseph Campbell offers timeless wisdom about emotional resilience and personal growth. It teaches that lasting happiness comes from within and that inner joy has the power to transform how we experience life's challenges. Through gratitude, purpose, self-awareness, supportive relationships, and hope, people can gradually overcome pain without allowing it to define their future. Campbell reminds us that every individual carries within themselves a source of light capable of il
Quote of the day by Francis of Assisi expresses a timeless truth about generosity and human fulfillment. Giving enriches both the receiver and the giver by building stronger relationships, encouraging gratitude, developing character, and creating meaningful purpose. Whether through kindness, knowledge, forgiveness, encouragement, or service, every act of generosity contributes to a better world. Francis of Assisi reminds us that the greatest rewards in life are often invisible but deeply meaning
Quote of the day by Jared Leto highlights the importance of personal growth, self-reflection, positive change, active surrender, true freedom, and learning from past mistakes. The message explains why letting go of resentment, toxic relationships, and old habits can help people move forward. It also looks at Jared Leto's career, achievements, and the lessons behind one of his most discussed motivational quotes.
Quote of the day by John D Rockefeller highlights the importance of saving money before financial problems arise instead of waiting until an emergency forces action. The quote explains how proactive saving, emergency funds, consistent investments, financial discipline and controlled spending help people prepare for uncertain situations. It also reflects Rockefeller's own approach to money management, wealth creation and philanthropy while offering practical lessons that remain relevant for indiv
Aluminum foil can deter garden pests like birds and rodents. Reflective surfaces confuse insects, preventing them from landing on plants. This non-toxic method offers a safe alternative to chemical pesticides. Gardeners can hang foil strips or wrap them around plant stems. Proper placement and integration with other garden practices ensure effectiveness.
Quote of the day by Harper Lee: Harper Lee's quote highlights courage as continuing despite likely defeat. Real courage involves beginning a task even when defeat seems certain. This perspective encourages valuing effort over solely focusing on the final outcome. Persistence builds character and resilience through overcoming overwhelming obstacles.
State-run BSNL saw operational revenues grow ten percent in Q1FY27. Consumer mobility and enterprise businesses fueled this significant revenue increase. Average revenue per user for consumer mobility rose to 102.7. The consumer broadband segment experienced a slight decrease in revenue. These provisional figures indicate BSNL's positive business performance.
Aircraft lessors are repossessing planes from SpiceJet after the airline failed to pay lease rentals. The finance leasing arm of Industrial and Commercial Bank of China requested the DGCA to take back four Boeing 737 Max aircraft. Nearly eighty percent of SpiceJet's fleet is currently grounded amid continued financial woes and employee salary issues. The airline has run out of cash despite raising funds, which were used for statutory dues.
Life lesson of the day by Melinda French Gates: Philanthropist Melinda French Gates emphasizes success stems from collective effort and support. She believes successful individuals owe a debt to those who helped them. Gates advocates for paying forward opportunities and guidance to less fortunate people.
Sudden intense exercise after inactivity can cause fatal rhabdomyolysis. Damaged muscles release harmful substances, overwhelming the kidneys and heart. Dark urine is an early warning sign of this serious medical emergency. Immediate medical attention significantly improves recovery chances and prevents complications. Gradual exercise progression and hydration are key prevention strategies.
Quote of the day by Epicurus reminds people that happiness comes from being content with what they already have instead of constantly seeking more. The ancient Greek philosopher believed that managing desires, practicing gratitude, building friendships and avoiding endless ambition create peace of mind. His teachings continue to influence discussions on happiness, simplicity, wealth and personal growth while remaining relevant in modern life.
Several global private equity firms are exploring a significant stake purchase in Agappe Diagnostics. This potential deal involves both existing investor sales and new capital infusion. The transaction is expected to value the Kochi-based in-vitro diagnostics firm at over three thousand crore rupees. Agappe Diagnostics develops and manufactures diagnostic reagents and equipment for global markets.
A bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana urged a battery of senior lawyers representing Bharat Forge chairman Baba Kalyani and his sister Sugandha Hiremath respectively to explore mediation to resolve their inheritance dispute.
In a significant ruling, the Supreme Court has taken decisive action by freezing bank accounts of Parsvnath Developers and issuing warrants in light of a two-decade struggle by senior citizens for rightful home ownership. The court condemned Haryana authorities for their lack of enforcement of regulatory orders, raising important questions about the Real Estate Acts efficacy.
Subtle bodily signals often go unnoticed as early cancer warnings. Blood in stool may indicate hemorrhoids or colorectal cancer, requiring evaluation. A persistent cough and blood-tinged phlegm can signal lung cancer. Painless breast lumps and skin changes warrant immediate medical attention. Urinary issues and jaundice can also point to serious underlying conditions.
Mumbai-based Juliet Apparels Pvt. Ltd. owns the women's innerwear brand 'Juliet'. The dispute is between two branches of the family that founded the company.
India's retail inflation reached 4.4% in June, surpassing the central bank's target. Higher food and transport costs drove this increase, marking the highest print under the new CPI series. Food inflation accelerated to 5.3%, crossing the five percent mark for the first time. Core inflation moderated to 3.9%, partly due to falling gold and silver prices. Economists anticipate the Reserve Bank of India will maintain its current policy rate.
Industry participants said the country is considering exporting ethanol to neighbouring countries, including Nepal, Bangladesh, and Indonesia, which have 10% ethanol blending targets but lack adequate feedstock and distilling capacity.
Seven Indian flagged vessels are operating safely in the Persian Gulf as per schedule. These ships are not carrying oil, gas, or fertilizers destined for India. About 148 seafarers are onboard these Indian flagged vessels with supplies provided. One Indian seafarer was missing after an attack on a Cyprus flagged ship. Vessels are exercising caution and alternative routes are becoming the norm.
Quote of the Day by Shania Twain: Shania Twains quote, I spent a lot of my life holding back my cries, and I want to change that because it's not good for me, explores the importance of emotional honesty, self-acceptance, and expressing feelings in a healthy way. The quote suggests that hiding emotions for too long can affect personal well-being, while embracing vulnerability can help people heal, understand themselves better, and build emotional strength. It reminds us that showing emotions is
Japanese proverb of the day: A Japanese saying emphasizes that success stems from diligent preparation and consistent effort. Careful practice builds the knowledge and skills needed for important moments. Improvement happens gradually through repetition and correcting mistakes. Every small action taken today contributes to future success and a stronger foundation.
While Trump has held on to some of his crypto proceeds, nine digital asset experts who reviewed the Reuters analysis said the Republican presidents filings show the personal economic activity of a man who does not trust crypto as a primary store of his personal wealth. In addition to the meme coin and World Liberty, Trump did not report having bought shares in two publicly listed crypto firms that are backed by his sons Eric Trump and Donald Trump Jr.
India will implement digital authentication for UK exporter origin declarations starting July 15. This new process requires customs to issue a Unique Reference Number before duty benefits are granted. UK exporters must email declarations to designated Indian customs email addresses for verification. Indian customs will authenticate data shared by UK authorities for this purpose. This system aims to prevent fraudulent claims and ensure compliance with trade agreement rules.
Quote of the day by Bruce Lee reminds people that self-worth should never depend on possessions, wealth, or the approval of others. The famous quote encourages people to focus on personal growth, self-respect, inner peace, and discipline instead of material success. Bruce Lee believed that confidence comes from actions and character. His message continues to inspire people looking for balance, freedom, and a meaningful life in today's fast-changing world.
Quote of the Day by Simon Sinek: There are only two ways to influence human behavior: you can manipulate it or you can inspire it. That timeless insight makes today's Quote of the Day impossible to ignore. In an age of persuasion, algorithms, and constant influence, this powerful leadership lesson reveals why inspiration builds trust, loyalty, and lasting impact while manipulation quietly destroys them.
The power sector regulator has introduced a new framework for renewable energy projects. Developers can now surrender, transfer, or retain unused interstate transmission connectivity. This move aims to free up grid capacity for projects ready for commissioning. The regulator estimates 15.7 GW of connectivity could be released through this initiative. Developers retaining connectivity without a PPA must furnish a bank guarantee and commission projects within 24 months.
India and the European Union are nearing the end of their trade pact's legal review. This agreement is expected to become operational a few months after the India-UK deal. India's commerce minister noted strong alignment among EU member states on this partnership. He also highlighted significant potential to increase India-Spain bilateral trade and tourism. Both nations aim to boost investments and collaborations in education and talent development.
India and the US are progressing well on a proposed trade agreement. The framework deal is ready and will be signed at the right time. Both sides reaffirmed their commitment to a balanced and commercially meaningful agreement. Negotiations are continuing constructively, addressing all aspects of the trade relationship. The trade deal will include pathways for resolving ongoing investigations and preventing new tariffs.
Finance Minister Nirmala Sitharaman urged banks to intensify outreach to non-resident Indians. Innovative deposit products and foreign currency inflows are key objectives for banks. These initiatives aim to bolster forex reserves and support the Indian rupee. Banks reported significant interest from non-resident Indians across various jurisdictions. The Reserve Bank of India is actively supporting banks in deposit mobilization efforts.
Parents seeking unique names can explore vintage options beyond current top lists. Many classic names, popular decades ago, offer a distinct choice for newborns. Researching family history and literary works can uncover these less common monikers. The Social Security Administration's historical data provides a valuable resource for name exploration. These distinctive names help children stand out and honor familial legacies.
Quote of the day by Michelle Yeoh: Michelle Yeoh emphasizes that true beauty originates from within and character. Her eyes convey a story reflecting inner qualities and authenticity. Lasting admiration stems from kindness, honesty, and compassion, not just appearance. Yeoh, an Academy Award winner, began her career after winning Miss Malaysia.
Wimbledon's India livestream drew 2.7 million viewers, showing tennis's growing appeal. Football's FIFA World Cup interest doubled that of the T20 World Cup. Wimbledon viewership is strongest in Karnataka and Goa regions. Football's popularity is surging in India's north-east states. Tennis continues to grow slowly, trailing cricket and football significantly.
The one-day disruption affected ATM uptime and cash availability across the four states, with intermittent service gaps reported as regular cash replenishment cycles were interrupted. Industry executives, however, said operations are expected to resume from Tuesday after several private sector banks agreed to renegotiate contracts and revise service fees, while discussions with other lenders continue.
Quote of the day by Aristotle reminds us that character is shaped by the choices we make every day rather than by our opinions about right and wrong. The message from Nicomachean Ethics explains why actions carry more value than intentions alone. The quote continues to influence discussions on ethics, moral character, habits, decision-making, wisdom, responsibility, and personal growth in daily life.
Emcure Pharma is acquiring the remaining stake in Gennova Biopharmaceuticals. This move simplifies ownership and sharpens strategic focus for the subsidiary. Gennova will now be led by Samit Mehta for its next growth phase. The company will continue leveraging its biomanufacturing platforms for new products. Gennova's former CEO Sanjay Singh has divested its mRNA business.
Papa Murphy restaurant closures: Papa Murphy's parent company, MTY Group, will close up to fifty underperforming corporate locations. These closures are planned over the next six to nine months to improve overall performance. The company identified significant losses from these specific corporate stores and even more closures would follow in the future.
Entry-level smartphone and television sales have declined for the first time in over a decade. Successive price increases, driven by memory chip costs, are deterring first-time buyers. Mid-range and premium device demand continues to grow at a faster pace than last year. This shift has prompted companies to reduce their model portfolios across categories. Some manufacturers are re-entering the non-smart TV market to offer lower prices.
The conference brought together IOs from across a representative spectrum of regulated entities including banks, non-banking financial companies (NBFCs), credit information companies (CICs) and other regulated entities, along with MD, EDs and CEOs charge of customer service, as well as RBI Ombudsmen and senior officials of the Reserve Bank.
Younger Indians aged 21-28 are drinking alcohol more frequently than before. This trend challenges the idea that Gen Z avoids alcoholic beverages. Older generations are reducing consumption while younger consumers explore premium options. Urban affluent Indians show increased alcohol participation, favoring bars and restaurants. Whisky remains the most consumed spirit, with premium brands gaining popularity.
Spain's Lamine Yamal hopes to match Kylian Mbappe's World Cup teenage triumph. Yamal's stunning Euro 2024 goal against France preceded his 17th birthday. He now faces Mbappe's France in the World Cup semi-final. Mbappe seeks a third consecutive World Cup final appearance. Yamal's club record against Mbappe shows two wins and eight defeats.
Russia's INNOPROM industrial trade fair will debut in India from September 9 to 11. This event aims to boost industrial cooperation and bilateral trade between the two nations. Key sectors for collaboration include pharmaceuticals, chemicals, and advanced manufacturing. Discussions are also underway for a bilateral investment protection treaty. India and Russia anticipate achieving $70 billion in bilateral trade this financial year.
Aluminum foil trick for chrome cleaning: Many people are now using aluminum foil to clean chrome surfaces. This household staple effectively removes rust without scratching the metal. Aluminum foil reacts chemically with rust, making it easier to lift away. The foil molds to curved areas, aiding in polishing difficult spots.
Maharashtra government withdrew a May 2023 circular on minor mineral royalty. This move provides relief to developers facing legal disputes over the framework. The earlier policy faced challenges for inconsistency with court judgments. A fresh, transparent framework will be framed after considering judicial directions. Until then, a new procedure for excavation permissions will be issued.
Quote of the Day by Jack Kerouac: Jack Kerouac's quote, And I realize that no matter where I am, whether in a little room full of thought, or in this endless universe of stars and mountains, it's all in my mind, reminds us that peace and freedom do not depend only on where we are. Instead, they often begin with the way we think. Written in his 1960 essay collection Lonesome Traveler, the quote reflects the Beat Generation writer's ideas about self-awareness, simplicity, and seeing life without f
A small number of vessels crossed the Strait of Hormuz on Sunday, despite the heightened security threats as Tehran and Washington battle for control of the strategic waterway. Just 14 vessels -- half of which were commercial ships -- crossed on Sunday, according to data from maritime tracker Kpler, suggesting the waterway is not completely closed as Iran had announced.
Semifinal ticket prices for the 2026 World Cup show a significant disparity. France versus Spain tickets are priced at $1,325, reflecting a recent decline. Argentina's match against England in Atlanta is listed at $2,841, showing a rise. This Argentina game is nearly double the cost of the third-place match. The final match tickets remain the most expensive, though prices have decreased.

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