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The Economic Times

Economy / The Economic Times

India, US move closer to interim trade deal after Goyal-Greer talks

India and the United States have made significant headway in their Bilateral Trade Agreement negotiations, with both nations expressing strong commitment to an interim deal. Discussions focused on market access, digital trade, and supply chains, aiming for a pact that benefits businesses and consumers. This push to finalize an initial agreement before upcoming US tariff expirations marks a crucial step in deepening economic ties.

24 Jun 2026 3:57 pm
PM Modi invited to Khamenei's funeral as Iran prepares for burial of longtime supreme leader

Prime Minister Narendra Modi has received an invitation from Iranian President Masoud Pezeshkian to attend the burial of the late Supreme Leader Ayatollah Ali Khamenei. The state ceremonies are scheduled from July 5 to July 9 across multiple Iranian cities. New Delhi has not yet confirmed the Prime Minister's participation.

24 Jun 2026 3:53 pm
Healthy morning food choices can shape long-term health outcomes, say experts

Nutrition experts emphasize that simple, consistent morning eating habits are crucial for long-term wellness. Starting the day with nutrient-rich foods like almonds, whole grains, and protein supports metabolism, energy, and concentration. Experts advise against skipping breakfast and highlight that small, repeatable healthy actions, rather than fad diets, build lasting health improvements and contribute to overall well-being.

24 Jun 2026 3:53 pm
Quote of the Day from the Light of Asia, Gautam Buddha Life lessons: Thousands of candles can be lighted from a single candle, and the life of the candle will not be shortened. Happiness never... Learn the ancient happiness secret that modern psychology now confirms - why sharing kindness, wisdom, and joy creates deeper fulfillment and lasting meaning in life

Quote of the day by Gautam Buddha: Buddhas timeless candle metaphor reveals a powerful truth about human happiness. Modern psychology increasingly supports his insight that joy grows when shared, not hoarded. Discover why generosity, kindness, and connection may be the real foundations of lasting fulfillment in an increasingly individualistic world.

24 Jun 2026 3:52 pm
Kunal Shah net worth and his inCREDible journey to Meta's WhatsApp

Kunal Shah, the visionary behind CRED and FreeCharge, is now the Global Head of WhatsApp. This significant appointment, coupled with Meta's substantial investment in CRED, underscores Shah's remarkable entrepreneurial journey. From his early ventures to building a fintech unicorn, Shah's influence in the startup world continues to grow, now extending to a global tech giant.

24 Jun 2026 3:50 pm
Got my dream job, salary doubled, still crying every day: Bengaluru techie asks if she should quit and return home

A 23-year-old woman is grappling with severe anxiety and panic attacks after landing her dream job in Bengaluru, despite a high salary and positive work environment. Relocating from her hometown, she finds herself overwhelmed and questioning her ability to cope, even considering quitting. She seeks advice from an online community on navigating this unexpected emotional turmoil during her career transition.

24 Jun 2026 3:50 pm
UN watchdog says Iran nuclear inspections 'going to happen'

UN nuclear watchdog chief Rafael Grossi confirmed inspections at Iranian atomic sites are imminent, following a preliminary deal between Tehran and Washington. While the exact timing remains under discussion with Iran, Grossi emphasized the agreement explicitly mandates IAEA supervision of nuclear activities. This comes amidst conflicting statements from Iran and the US regarding access to specific sites.

24 Jun 2026 3:49 pm
Psychology says kids who always sit in the same spot in the classroom may be creating a mental anchor for learning

Why do some children insist on sitting in the same classroom seat every day? Psychology suggests the behavior may be linked to routine, environmental comfort, attention and feelings of safety.

24 Jun 2026 3:42 pm
West Bengal: Ex-TMC MLA Atin Ghosh, daughter booked in property grab case

Former TMC MLA Atin Ghosh, his daughter, and son-in-law face charges for allegedly illegally occupying a Kolkata bungalow and land worth Rs 4 crore for nine years. A businesswoman claims the property was forcibly acquired at a low price, with threats and intimidation involved. Ghosh and his daughter deny the allegations, calling them baseless and threatening a defamation suit. Police are investigating the matter, examining evidence and summoning Ghosh.

24 Jun 2026 3:35 pm
MoSPI releases discussion paper to identify apt method to compile coal monetary asset accounts

India's Ministry of Statistics has released a discussion paper on valuing coal assets monetarily, aligning with UN environmental accounting standards. This initiative aims to provide crucial data for policymaking and sustainable development by assessing resource value and depletion costs. The paper also presents physical coal accounts, highlighting India's significant production and its role in the nation's energy security and industrial growth. Feedback is now invited.

24 Jun 2026 3:32 pm
India's upstart consumer brands are growing three times faster than the market

New-age Indian brands are rapidly outperforming established FMCG companies, growing over three times faster and reshaping various consumer categories. These insurgent brands, fueled by digital and quick commerce, are capturing market share by addressing unmet consumer needs with rapid innovation. While they still hold a small market percentage, their accelerated growth poses a significant challenge to larger players, forcing them to adapt to evolving consumer behavior and new market dynamics.

24 Jun 2026 3:16 pm
Proverb of the day: Love is an ocean where the careless drown, the cautious starve, and only the brave learn to breathe underwater - A timeless lesson on meaningful relationships and taking risks

Navigating romance demands courage, balancing caution with vulnerability. Today's proverb of the day highlights that recklessness leads to ruin, fear to emotional starvation, but bravery allows one to thrive in deep intimacy. In today's dating landscape, this message is crucial, urging us to move beyond superficial connections and embrace the profound depths of genuine love to truly transform our lives.

24 Jun 2026 3:07 pm
Noel exiting Trent: The quiet Tata who built a loud success story

Noel Tata reportedly told shareholders at Trent's annual general meeting that it would be his last as chairman, signalling the close of a transformative era. Under his leadership, Trent evolved from a modest retailer into one of India's most valuable consumer businesses, with Westside and Zudio driving growth as revenue crossed Rs 20,000 crore and profits surged.

24 Jun 2026 3:07 pm
India's GIC Re plans to reduce share of overseas property risk as climate losses rise

Indian reinsurer GIC Re is strategically shifting its overseas business focus. Amidst escalating climate-related losses globally, the company plans to reduce its exposure to property and catastrophe risks abroad. Instead, GIC Re aims to bolster its presence in casualty and specialty insurance lines, seeking a more balanced international portfolio over the next three to five years.

24 Jun 2026 2:58 pm
Quote of the day from Ratatouille: If you focus on what you left behind, you will never be able to see what lies ahead - Movie lesson on letting go of the past and embracing new opportunities

Dwelling on past regrets can blind us to future opportunities. This timeless quote of the day, highlighted by a poignant scene in Disney-Pixar's 'Ratatouille,' emphasizes that personal growth stems from letting go of what cannot be changed. By shifting focus from backward glances to upward aspirations, we can embrace new beginnings and discover the vibrant possibilities awaiting us. This philosophy is crucial for navigating life's inevitable setbacks with resilience.

24 Jun 2026 2:54 pm
VOC Port emerges as model for sustainable maritime development

Leading the charge in India's sustainable maritime evolution, the V.O. Chidambaranar Port Authority (VOCPA) has made impressive strides in cutting carbon emissions and almost entirely covering its energy requirements with renewable resources. Union Minister Sarbananda Sonowal showcased these accomplishments during the launch of a new Kendriya Vidyalaya, highlighted an IIM Calcutta case study detailing the port's transition to greener practices, and introduced a new mobile app powered by generati

24 Jun 2026 2:52 pm
Hyundai Motor's South Korean union approves strike action over stalled wage talks

Hyundai Motor's South Korean union members have voted to authorize a strike, signaling potential production halts. This action stems from unresolved wage talks, with the union demanding a significant base pay increase and a substantial performance bonus. They are also seeking assurances on employment and working conditions concerning AI integration, mirroring recent profit-sharing moves by other major tech firms.

24 Jun 2026 2:51 pm
Five-min walk break every hour feasible, effective in offsetting harms of prolonged sitting: Study

A recent study reveals that taking a five-minute walking break every hour is the sweet spot for combating the health risks of prolonged sitting. These short breaks significantly boost mood and reduce fatigue without impacting work performance. Researchers suggest this simple habit could be a key component of public health strategies and physical activity guidelines, offering a practical way to improve well-being.

24 Jun 2026 2:46 pm
India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&P

India's economic growth is projected to slow to 6.6% in the current fiscal year, according to S&P Global Ratings. This slowdown is attributed to energy market pressures, a potentially weak monsoon, and a global economic deceleration. Higher energy and fertilizer costs are expected to fuel inflation, potentially leading to a policy rate hike in the latter half of the fiscal year.

24 Jun 2026 2:44 pm
How Americans are feeling about the country's 250th anniversary, according to new polls

As America approaches its 250th anniversary, a new survey reveals a divided nation. While many, particularly Republicans and older adults, express pride and excitement, Democrats and younger generations feel conflicted or indifferent. Celebrations are planned nationwide, but differing sentiments highlight a complex national mood regarding the country's past and present.

24 Jun 2026 2:44 pm
Child marriage curb: Maharashtra considering a rule mandating birth dates on wedding cards

Maharashtra is exploring printing birth dates on wedding invitations to combat child marriages, aiming to reduce incidents to under 10% in five years. The state is studying Rajasthan's successful model. While child marriage rates have declined, authorities have intervened in over 1,400 cases recently, registering numerous FIRs. Enhanced detection and intervention are credited for increased prevention numbers, with efforts also targeting priests and facilitators.

24 Jun 2026 2:42 pm
Bengaluru techie says it is better to stay in a big company at a lower salary then a small one with high salary

A Bengaluru techie's advice to prioritize job stability at large firms over lucrative offers from smaller companies has sparked debate. Citing a friend's experience of losing a job after a 60% pay hike at a consultancy, he urges caution in the volatile IT sector. However, social media users countered that no company guarantees security, with layoffs occurring across all sizes, and emphasized evaluating broader company health beyond just its scale.

24 Jun 2026 2:37 pm
Cummins India bets on local demand as Middle East conflict clouds exports

Cummins India anticipates robust domestic demand to fuel its fiscal 2027 growth, despite ongoing Middle East geopolitical tensions impacting exports. Managing Director Shveta Arya highlighted that while exports, representing 17% of revenue, are expected to remain subdued, strong performance in India's infrastructure sector, including data centers and marine applications, will drive double-digit revenue increases.

24 Jun 2026 2:37 pm
Kerala Lottery DhanaLekshmi DL-58 results out today (24-06-2026); check Rs 1 crore prize winning number and full list here

Kerala Lottery Results Today: Excitement builds as Kerala's DhanaLekshmi DL-58 lottery is set to reveal its winning numbers today, June 24, 2026. A staggering 1 crore awaits the first prize winner, with numerous other substantial prizes also up for grabs. The Kerala State Lotteries Department ensures transparency, with results available online and for official confirmation. Winners are advised on claiming their fortunes.

24 Jun 2026 2:32 pm
DMRC begins work on Central Vista metro corridor at Central Secretariat station

Construction has begun on the Central Secretariat metro station, a key part of the new Central Vista corridor. This nearly 10-km underground stretch will significantly improve connectivity to government hubs, integrating with existing metro lines. Union Minister Manohar Lal highlighted the project's potential to save commuting time and enhance convenience for thousands of employees and visitors, solidifying the DMRC's status as a world-class transport system.

24 Jun 2026 2:31 pm
Anand Mahindra offers help to 80-year-old who plays his 40-year-old broken violin on the pavement daily

Mahindra Group Chairman Anand Mahindra has pledged support to an 80-year-old violinist, Bhagwan Mallick, whose poignant video went viral. Mallick, despite failing eyesight and a broken violin, plays daily on the pavement, earning a meager 100 to support his wife. Mahindra's offer has sparked wider calls for structured support networks for vulnerable individuals, highlighting the resilience and dignity of those facing extreme poverty.

24 Jun 2026 2:31 pm
Industry must adopt emerging tech to boost productivity, remain competitive: Steel Minister

Union Steel Minister HD Kumaraswamy has urged the Indian steel industry to embrace emerging technologies like AI and IoT to boost global competitiveness and productivity. Speaking at a digitalization seminar, he emphasized that future success hinges on intelligent ecosystems, not just capacity. The minister highlighted the government's ambitious steel production targets, driven by infrastructure and manufacturing growth, and stressed that digitalization is crucial for long-term survival and enha

24 Jun 2026 2:23 pm
One Atmosphere to invest Rs 500 crore for the expansion of luxury service apartments vertical

ONE Atmosphere is investing Rs 500 crore to expand its luxury service apartments, aiming for 7500 keys in India and abroad over five years. This move taps into India's booming extended-stay market, driven by demand for quality, space, and hotel-like services in residential settings. The brand, part of Atmosphere Core, will launch its first property in Gurgaon in 2026, with further expansion planned across India and key international destinations.

24 Jun 2026 2:15 pm
Quote of the day from Neil Diamond: I did not like looking at myself. I was embarrassed and scared. I am not some big star. What the Sweet Caroline singer taught about self-doubt and success

Even celebrated artists like Neil Diamond grapple with self-doubt, a sentiment he shared while reflecting on his life through the Broadway musical 'A Beautiful Noise.' Diamond confessed the experience felt like therapy, admitting to embarrassment and a fear of being 'found out' despite the accolades. He stressed that behind the celebrity facade, he remained his authentic self, a powerful reminder that fame doesn't erase personal insecurities.

24 Jun 2026 2:08 pm
Do you often catch your child lying? Psychology says it may have long-term effects into adulthood

A 16-year study of over 3,000 children revealed that persistent childhood lying, especially when coupled with aggression and impulsivity, can be an early indicator of future social and behavioural difficulties. While occasional dishonesty is normal, a consistent pattern of deception in youth was linked to a higher likelihood of antisocial traits and criminal involvement in adulthood. Researchers stress observing long-term behavioural trends for insights into a child's well-being.

24 Jun 2026 2:05 pm
Iran says deal to end Mideast war 'declaration of US defeat'

Iran's chief negotiator, Mohammad Bagher Ghalibaf, declared the recent deal with the US to end the Middle East war as America's declaration of defeat. Speaking in Azerbaijan, he asserted that the Islamabad understanding stemmed from Iran's national resistance, not external pressure. Ghalibaf emphasized that regional security should be the responsibility of Middle Eastern nations, framing the agreement as a testament to Iran's strength.

24 Jun 2026 2:03 pm
Best Proverb of the day: Soup spills on the way from the bowl to the mouth. A life lesson on celebrating early

Best Proverb of the day: The Mexican saying Soup spills on the way from the bowl to the mouth teaches that nothing is certain until it is completed. The proverb warns against overconfidence and reminds people that unexpected obstacles can arise even when success seems close. Its enduring message encourages humility, perseverance and careful planning while recognising the unpredictable nature of life.

24 Jun 2026 2:02 pm
India is helping shape our global product portfolio, engineering decisions, and technology roadmap: Schneider Electric CHRO

Schneider Electric's India operations have evolved into a crucial global hub, housing over 38,000 employees and driving enterprise-wide outcomes. The company is increasingly entrusting global leadership and product ownership to its Indian teams, leveraging the nation's talent for R&D, manufacturing, and digital capabilities. This strategic shift underscores India's growing influence in shaping global product portfolios and technology roadmaps.

24 Jun 2026 2:01 pm
Andy Burnham inches closer to power in Britain as Starmer seeks legacy

Andy Burnham is poised to become Britain's next prime minister unopposed as potential rival Darren Jones declared he won't run. Meanwhile, outgoing leader Keir Starmer, seeking to solidify his legacy, heads to Berlin for crucial talks on Ukraine and the Middle East. Burnham, a former Greater Manchester mayor, secured a parliamentary seat last week, setting his sights on the Labour leadership.

24 Jun 2026 2:01 pm
Sony launches BRAVIA Theatre lineup, bets on India's growing home cinema culture

With the rise of streaming and gaming, Indian consumers are revolutionising their living spaces into entertainment hubs. No longer content with just televisions, theres a noticeable move toward creating immersive, cinema-style atmospheres at home. This shift is significantly influenced by a desire for high-quality visuals and superior sound, impacting consumer choices and driving innovation in the home entertainment sector.

24 Jun 2026 2:00 pm
Psychology says people who get tattoos later in life may not be having a midlife crisis, they may be expressing a stronger sense of self

Psychology reveals that getting inked later in life often signifies a deeper exploration of identity, not youthful rebellion. As individuals mature, they increasingly seek authentic self-expression, using tattoos to visually narrate significant life events, personal values, and transformations. This trend reflects a growing self-confidence and a desire to maintain a coherent life story, connecting past experiences with present selves.

24 Jun 2026 1:59 pm
'Pragmatists' vs 'hardliners': Is Iran split over US deal?

Despite internal divisions and opposition, analysts believe Iran's factional splits won't derail ongoing talks with the US. While hardliners express discontent, a consensus appears to favor testing the waters for a deal. New leaders, less ideological than their predecessors, may seek to transform Iran's global relationships, though the path ahead is expected to be challenging and lengthy.

24 Jun 2026 1:58 pm
UK, France, Germany raise alarm about Chinese activities off eastern Taiwan

Britain, France, and Germany have voiced serious concerns over China's recent maritime activities near Taiwan's east coast. These actions, including coast guard patrols and survey ships, are seen as a threat to regional stability and freedom of navigation. The European nations reiterated their opposition to any forceful changes to the status quo, emphasizing the importance of guaranteed navigational rights and safety for all vessels.

24 Jun 2026 1:57 pm
Quote of the day by Plato: Either we shall find what it is we are seeking or at least Greek philosopher on how ignorance can lead to true wisdom

Quote of the day: Ancient Greek philosopher Plato, a student of Socrates, believed true wisdom stems from acknowledging what we don't know. His dialogues, like 'The Republic,' explored justice and reality, founding the first Western institution of higher learning. Plato's legacy, carried by Aristotle, continues to influence thought, emphasizing intellectual honesty and the pursuit of truth over false certainty.

24 Jun 2026 1:55 pm
Best Proverb of the Day: Happiness is not having what you want, but... - A deep life lesson on gratitude, perspective, and fulfillment

Best Proverb of the Day: True happiness, an Italian proverb reveals, lies not in acquiring what we desire, but in cherishing what we already possess. This wisdom emphasizes gratitude and contentment over endless pursuit of more. By shifting our perspective to appreciate everyday blessings, we can cultivate inner peace and lasting joy, finding fulfillment in our present reality rather than chasing elusive future ideals.

24 Jun 2026 1:52 pm
Monsoon 2026: 7 expert tips to protect your furniture from rain, humidity and termites

Heavy rains and rising humidity can damage wooden furniture, causing swelling, warping, mould, and termite infestations. As the monsoon intensifies across parts of India, here are seven expert-backed tips to protect your furniture and keep it in top condition throughout the rainy season.

24 Jun 2026 1:46 pm
Raja Shivaji OTT release date out: When and where to watch Riteish Deshmukhs historical drama

Riteish Deshmukh's historical epic, Raja Shivaji, is making its digital debut on Netflix on June 26, bringing the inspiring story of Chhatrapati Shivaji Maharaj to a wider audience. The film, which Riteish also directed and produced, chronicles the Maratha ruler's rise against the Mughals, emphasizing his bravery and vision for Swarajya. The ensemble cast includes Genelia Deshmukh, Sanjay Dutt, and Vidya Balan.

24 Jun 2026 1:41 pm
Adani Group targets 10 GW nuclear power capacity by 2035

Adani Group is venturing into nuclear power, aiming for 10 GW capacity by 2035 to bolster India's energy security amidst global uncertainties. Chairman Gautam Adani announced land acquisition for Adani Atomic Energy, a significant addition to the conglomerate's integrated power platform. This move aligns with accelerated investments across the energy value chain, from mining to clean energy technologies, underscoring a commitment to reliable, affordable, and round-the-clock power for the nation.

24 Jun 2026 1:32 pm
Indian investors lead the world in AI adoption for finance, but still trust humans with the final call

Indian wealthy investors are leading the world in using AI for financial research and analysis, with 86% leveraging the technology. While AI boosts their confidence and willingness to take calculated risks, human financial advisors still hold the reins for final investment decisions. This indicates a growing preference for a hybrid model, where AI assists in research, but human judgment remains paramount.

24 Jun 2026 1:20 pm
Raymond eyes precision engineering, in talks to buy German aerospace supplier Deharde

Raymond's move, if successful, would mark its first overseas acquisition post-restructuring and bolster its aerospace manufacturing capabilities. Deharde, a supplier to Airbus, brings established European operations and crucial OEM relationships, aligning with India's growing role in global aerospace supply chains.

24 Jun 2026 12:58 pm
Energy cooperation most promising areas of India-US ties: Deputy Chief of Mission in US Namgya Khampa

Energy cooperation is a cornerstone of the strengthening US-India relationship, with crude oil, LNG, LPG, and civil nuclear power identified as key areas. Despite differing views on some matters, the partnership's strategic logic and resilience are growing. This collaboration significantly boosts India's energy security and fosters economic growth, with both nations committed to further deepening these ties.

24 Jun 2026 12:58 pm
No slowdown yet, but inflation and El Nio are risks: ITC's Sanjiv Puri

ITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted strong Indian economic fundamentals despite global uncertainties, with inflation and El Nio as key concerns. Puri emphasized sustained margin expansion in FMCG, aiming for 80-100 basis points annually, and sees significant growth potential in nutrition-focused offerings and exports.

24 Jun 2026 12:58 pm
In 1860, a French inventor recorded the human voice on paper 17 years before Edisons phonograph but nobody could hear it for almost 150 years until 2008

A French inventor, douard-Lon Scott de Martinville, made the world's first sound recording in 1860, a rendition of Au clair de la lune. His phonautograph captured sound visually but couldn't play it back, leaving the recording unheard for nearly 150 years. Modern technology finally reconstructed the audio in 2008, revealing a voice recording predating Edison's phonograph by 17 years and correcting a historical oversight.

24 Jun 2026 12:54 pm