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The Economic Times

Economy / The Economic Times

IMD issues red alert in Mumbai, Thane amid heavy downpour; Ram Mandir area records 206.5 mm rainfall

Mumbai and Thane are under a red alert as heavy rainfall causes widespread waterlogging. Significant rainfall has been recorded across the city, with areas like Andheri Subway experiencing severe inundation. Authorities are urging citizens to avoid non-essential travel and to stay away from the seafront. Rescue teams are deployed, and efforts are underway to clear traffic and address the waterlogging issues, including a permanent solution for the Andheri Subway.

4 Jul 2026 9:58 pm
French Proverb of the Day: You often meet your fate on the road you take to avoid it...- A timeless lesson on destiny, fear, and the irony of life

A timeless French proverb, 'You often meet your fate on the road you take to avoid it,' reveals life's irony. Fear-driven avoidance can inadvertently lead us to the very situations we dread. This wisdom highlights that confronting challenges directly, rather than running, often proves to be the path to true freedom and fulfillment. Embracing courage and acceptance is key to navigating life's unpredictability.

4 Jul 2026 9:56 pm
Quote of the Day by Jeet Kune Do founder Bruce Lee: I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced Inspiring lessons on determination, mastery, discipline, perseverance and why consistency is the key to success by the martial artist known for his deep insights on of self-improvement and mental strength

Quote of the Day by Bruce Lee: Bruce Lees quote, I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times, explores the importance of focus, discipline, and mastery in achieving true success. The quote suggests that greatness is not built through scattered effort or surface-level practice, but through consistent repetition and deep dedication to a single skill.

4 Jul 2026 9:40 pm
Quote of the day by Nicolaus Copernicus, 'For I am not so enamoured of my own opinions that I disregard what others may think of them' offers life advice on wisdom, empathy, respect others' cultures, values, opinions in the era of social media trolls

Quote of the day by Nicolaus Copernicus life lesson on humility, wisdom, and personal growth. It encourages individuals to value their ideas while remaining open to constructive criticism and alternative perspectives. Intellectual humility strengthens education, scientific progress, leadership, relationships, and civic life. By listening with respect, thinking critically, and embracing lifelong learning, people develop not only greater knowledge but also stronger character. Ultimately, true wisd

4 Jul 2026 9:39 pm
Proverb of the day from Greece: 'Death does not just steal your future; its primary act is to rob you of the illusion that you were the main character...' A modern Greek saying that puts life, death and self-importance into perspective

The proverb of the day from Greece explores the idea that death not only ends life but also challenges the belief that any one person is the center of the universe. Although it is a modern Greek aphorism rather than an ancient proverb, its message draws inspiration from Stoicism and Epicureanism, encouraging readers to let go of self-importance and focus on living meaningfully in the present.

4 Jul 2026 9:16 pm
Finance Ministry notifies rules for determination of origin of goods under India-UK trade pact

India's Finance Ministry has notified rules for determining the origin of goods under the India-UK CETA, effective July 15, 2026. This agreement grants duty-free access for 99% of Indian exports to the UK, boosting sectors like textiles and engineering. The rules ensure only genuine goods qualify for preferential tariffs, preventing misuse and strengthening the trade pact's integrity. Businesses must now align supply chains with these origin criteria for full benefit.

4 Jul 2026 9:01 pm
Greek Proverb of the Day: 'A word out of season may mar a whole lifetime...'- A timeless lesson on timing, wisdom, and the power of words

Ancient Greek wisdom warns, 'A word out of season may mar a whole lifetime.' This timeless proverb highlights the critical importance of timing and thoughtful speech, especially in our fast-paced digital age. Careless remarks, even if truthful, can inflict lasting damage. True wisdom lies in knowing not just what to say, but when to speak, emphasizing patience, emotional intelligence, and the profound impact of our words on relationships and lives.

4 Jul 2026 8:54 pm
FIFA World Cups hidden scorecard: What fans dont see, economics does

The 2026 FIFA World Cup is a fascinating economic case study, revealing how football markets mirror financial ones. Dynamic ticket pricing, driven by shifting expectations and the 'Tinkerbell Effect,' shows fluctuating demand. Host cities face complex tourism realities, while fans exhibit investor-like biases. FIFA's platform model, broadcasting rights, and data analytics highlight football's transformation into a vast commercial ecosystem.

4 Jul 2026 8:44 pm
Quote of the Day by Aristotle: He who has overcome his fears will Inspiring lessons on courage, bravery, resilience, confidence and why conquering fear is the first step toward personal growth by the Greek philosopher known for his deep insights on virtue and human nature

Quote of the Day by Aristotle: Aristotles quote, He who has overcome his fears will truly be free, explores the importance of courage, inner strength, and personal freedom. The quote suggests that fear is one of the greatest barriers to living a fulfilling life, and that true freedom comes when people overcome the doubts, anxieties, and insecurities that hold them back from reaching their full potential.

4 Jul 2026 8:41 pm
Southwest monsoon to cover parts of Gujarat, Punjab, Haryana and Rajasthan in next 4 days: IMD

In its daily forecast, the IMD said isolated extremely heavy rainfall is likely over Konkan and the Gujarat region between July 4-7, Madhya Maharashtra between July 4-6, Saurashtra and Odisha on July 4-5, and West Madhya Pradesh on Saturday.

4 Jul 2026 8:29 pm
Psychology says people who wear lots of rings aren't necessarily trying to stand out, they may be expressing identity and personal meaning

A common misconception is that people who wear multiple rings are simply seeking attention. Psychology offers a more nuanced perspective. For many, rings hold personal meaning, symbolize important relationships or values, preserve cherished memories, or serve as a form of self-expression that reflects their identity rather than a desire for attention.

4 Jul 2026 8:27 pm
IITian gold medallist had a job offer worth Rs 2.5 crore, yet he chose a grocery store

An IIT Bombay alumnus, Vivek Sharma, defied a lucrative US job offer to care for his ailing parents in India. He rejected a $240,000 annual package, opting instead for a local software role and later a grocery store to support his family through their health crisis. His dedication and resilience eventually led to a remote collaboration with the same international firm, proving that true success lies in family commitment.

4 Jul 2026 8:12 pm
Colgate-Palmolive India bets on rural expansion, science-led innovation to drive growth towards 2030

Colgate-Palmolive India is prioritizing rural market expansion, innovation, and digital transformation to boost growth. The company aims to reach more rural households and introduce science-backed products in urban areas. With a focus on data analytics and AI, Colgate-Palmolive is enhancing its value chain and strengthening its presence across all retail channels. Despite facing challenges, the company anticipates continued momentum driven by an improving demand environment and strong execution.

4 Jul 2026 8:06 pm
Psychology says people who don't like talking to customer care aren't necessarily antisocial, they may be trying to reduce stress and uncertainty

Psychology suggests that people who dislike talking to customer service are not necessarily impatient, rude, or antisocial. For many, these conversations can feel mentally demanding because they involve uncertainty, repeated decision-making, communication pressure, and a reduced sense of control.

4 Jul 2026 8:04 pm
Ukraine attacks St Petersburg, says Russian seizure of key town a 'lie'

Kyiv's barrage on Russia's second city -- President Vladimir Putin's hometown -- came amid opposing statements from both sides over who was in control of a key town in eastern Ukraine.

4 Jul 2026 8:00 pm
Even regular exercise can't beat the damage done by this common daily habit that increases cancer risk, scientists warn

A new study by researchers at the University of Glasgow suggests that spending long, uninterrupted hours sitting may increase the risk of developing and dying from cancer, even among people who exercise regularly. The researchers found that breaking up sitting time with light or moderate physical activity, such as walking, could help lower the risk, highlighting the importance of moving throughout the day in addition to meeting exercise goals.

4 Jul 2026 7:59 pm
Delhi Gymkhana Club members, staff move Delhi HC against Centre's show-cause notice for eviction

The Delhi Gymkhana Club and its Staff Welfare Association have approached the Delhi High Court, contesting the central government's move to evict them from their Lutyens' Delhi property. Justice Avneesh Jhingan is set to hear the petitions on July 6, as the club fights to remain at its 2, Safdarjung Road location. This legal challenge highlights a significant dispute over the prestigious club's future.

4 Jul 2026 7:51 pm
Quote of the Day by Al Pacino: The problem with me is, I guess, the way I express myself, you have to be with me 50 years before you can Inspiring lessons on communication,perception, understanding, experience and why time reveals everything by the American actor known for his powerful performances and deep insights on human relationships and expression

Quote of the Day by Al Pacino: Al Pacinos quote, The problem with me is, I guess, the way I express myself, you have to be with me 50 years before you can get a sense of what I'm talking about explores the importance of patience, understanding, and meaningful human connection. The quote suggests that some people cannot be fully understood through brief interactions or first impressions. Instead, genuine understanding develops over time through shared experiences, trust, and a willingness to appr

4 Jul 2026 7:46 pm
Fireworks, heat and politics: America celebrates its 250th birthday

America's 250th Independence Day is marked by widespread celebrations amidst political division and a sweltering heatwave affecting millions. President Trump addressed crowds at Mount Rushmore, while major cities like Washington, Chicago, and New York host elaborate fireworks. Despite weather challenges and national introspection on its history, Americans are finding ways to commemorate the milestone, with sporting events and cultural happenings adding to the festivities.

4 Jul 2026 7:44 pm
How India's Rs 52,000 crore defence proposals will strengthen security across land, sea and air

India's Defence Acquisition Council has greenlit procurement proposals worth approximately Rs 52,000 crore, bolstering the nation's military might. These crucial acquisitions span advanced air defence systems like Akash Tarang and MRSAM, potent anti-tank missiles, and sophisticated electronic warfare and surveillance technologies for the Army, Navy, and Air Force. The approvals also include naval systems and a unique jet-based kamikaze drone, significantly enhancing India's defence capabilities.

4 Jul 2026 7:43 pm
US DoJ says Adani case should never have been brought, urges judge to drop charges permanently

The US Department of Justice has strongly defended its decision to drop criminal charges against Indian billionaire Gautam Adani and others, citing legal flaws and diplomatic concerns. The department argued the case, which alleged bribery and investor fraud, was primarily a foreign matter and lacked a sound US legal basis.

4 Jul 2026 7:40 pm
Contaminated fuel, not E20, responsible for vehicle issue: Toyota Kirloskar Motor

Toyota Kirloskar Motor has clarified that a recent viral video showing issues with a Toyota Hycross was not due to E20 fuel. The company stated that their detailed assessment revealed the problem stemmed from fuel contamination, not the vehicle's E20 compatibility. After cleaning and refilling with standard E20 fuel, the vehicle was found to be normal. Toyota urges customers to refuel at reputable stations to avoid such issues.

4 Jul 2026 7:30 pm
Psychology says people who insist on homemade desserts every Fourth of July are not just serving sweets, they are serving emotional traditions with sugar

Psychology says making homemade desserts every Fourth of July may be driven by nostalgia, family rituals, emotional bonding, and the psychology of shared traditions rather than simply preferring homemade food.

4 Jul 2026 7:26 pm
The empire of doubt, ally of convenience: America at 250, seen from India

As America marks 250 years, its global dominance, built on military might and economic power, faces unprecedented challenges. Internal self-doubt and external policy shifts, including tariffs and strained alliances, are raising questions about its future leadership. While still a superpower, the US grapples with a crisis of credibility, prompting allies to reconsider their reliance on it. The article explores this complex transition.

4 Jul 2026 7:00 pm
Scientists discover new glow-in-the-dark mushroom species in Mexico's cloud forests: Here's why they glow

Mexico's cloud forests are home to newly discovered bioluminescent fungi, some species entirely new to science. These glowing mushrooms, belonging to the Mycena genus, illuminate the forest floor through a chemical reaction. This exciting find, detailed in the Journal of Fungi, underscores the rich biodiversity of these threatened ecosystems and adds to our understanding of why fungi produce light, with theories suggesting spore dispersal through insect attraction.

4 Jul 2026 6:56 pm
Vaibhav Sooryavanshi becomes India's youngest international debutant, breaks Tendulkar's record

Bihar's Vaibhav Sooryavanshi, at 15 years and 99 days, has shattered Sachin Tendulkar's 37-year-old record as India's youngest international debutant. Unlike Tendulkar's classical style, Sooryavanshi embodies the aggressive T20 format, making his debut against England in the shortest version of the game. His entry into the cricketing world, captured by modern technology, marks a significant generational shift.

4 Jul 2026 6:40 pm
Enrol under PM Fasal Bima Yojana by July 31: Maharashtra agriculture minister to farmers

Maharashtra Agriculture Minister Dattatray Bharane has urged farmers to enroll in the Pradhan Mantri Fasal Bima Yojana by July 31. This revised scheme offers financial protection against crop losses due to natural calamities, unseasonal rains, and drought. Farmers growing foodgrains, pulses, and oilseeds pay a 2% premium, while those cultivating commercial crops like cotton and onion pay 5%. Essential documents and a digital crop survey are required for enrollment.

4 Jul 2026 6:30 pm
Minions & Monsters OTT release details: Where and when to watch the new instalment of the Despicable Me franchise

Minions & Monsters has released exclusively in theatres, with Universal Pictures yet to announce its official OTT premiere. Based on the studio's recent release pattern, the animated film is expected to arrive on Premium Video on Demand (PVOD) in early August before making its streaming debut on Peacock around late October. Here's everything to know about its expected digital release timeline and story.

4 Jul 2026 6:30 pm
Quote of the Day by popular music icon David Bowie: The truth is, of course, that there is no journey...- A cosmic reflection on identity, reinvention, and why life is less about destinations and more about constant becoming by the 'Heroes' singer and the creator of Ziggy Stardust

Rock legend David Bowie's profound quote, 'We are arriving and departing all at the same time,' challenges the notion of life as a linear journey. His philosophy, mirrored in his constant reinvention, suggests existence is a continuous process of transformation, where every new beginning inherently contains an ending. This perspective encourages embracing constant becoming rather than fixating on destinations, a timeless lesson for a world in perpetual flux.

4 Jul 2026 6:28 pm
From automation to autonomy: Building zero human ops with Agentic AI

Businesses are moving beyond basic automation towards 'Agentic AI,' enabling autonomous systems to handle complex workflows and decision-making. This shift promises 'Zero-Human Ops,' freeing human talent for strategic tasks by automating mundane operations. Organizations can build this future by starting with small, high-volume tasks and ensuring clean data, ultimately leading to faster decisions and reduced costs.

4 Jul 2026 6:25 pm
Psychology says people who save their best move for the last aren't always being dramatic, they may be using strategy to build lasting impressions

Psychology says saving the best move for last may be influenced by the recency effect, goal-gradient hypothesis, delayed gratification, strategic self-presentation, and peak-end rule.

4 Jul 2026 6:19 pm
E20 scientifically tested, safe for older vehicles: Industry experts

Industry experts have reassured the public about the safety and efficacy of E20 ethanol-blended petrol. They emphasized that the fuel has undergone rigorous scientific testing and meets high quality standards, making it safe even for older vehicles. This initiative, a result of years of evaluation and consultation, significantly reduces India's reliance on imported crude oil and contributes to lower carbon emissions, offering performance benefits without compromising vehicle longevity.

4 Jul 2026 5:56 pm
2020 Delhi riots: Court denies bail to student activists Umar Khalid, Sharjeel Imam in larger-conspiracy case

A Delhi court has denied bail to activists Umar Khalid and Sharjeel Imam in the 2020 northeast Delhi riots conspiracy case. The activists argued their prolonged detention without trial violated their rights, citing recent judicial pronouncements favouring bail. However, the court rejected their pleas, following the Supreme Court's earlier denial of bail in this UAPA-registered case.

4 Jul 2026 5:46 pm
Indian toy market holds strong growth potential: China Toy Association Chair

A delegation from China, Taiwan and Hong Kong visited the Indian toy show, where industry representatives explored opportunities for collaboration with their Indian counterparts.

4 Jul 2026 5:39 pm
Quote of the day by George Washington: To be prepared for war is one of the most effectual means of preserving peace a lesson on strength and deterrence

Quote of the day by George Washington: To be prepared for war is one of the most effectual means of preserving peace reflects the Founding Father's belief that strength can help prevent conflict. As the US marks the 250th anniversary of its independence, the historic quote offers insight into Washington's views on national security, leadership and the importance of preserving peace through preparedness.

4 Jul 2026 5:34 pm
He was 34, active. No diabetes, no high BP. Doctor reveals one 'harmless habit' which caused 34-year-old to almost die from stroke

A 34-year-old man, despite being exceptionally healthy, suffered a stroke due to a seemingly harmless habit: forcefully cracking his neck. This aggressive twisting damaged his cervical artery, leading to a blood clot that blocked blood flow to his brain. Doctors highlight this case to warn young adults about the dangers of such actions, emphasizing that even minor habits can have severe consequences.

4 Jul 2026 5:27 pm
PM Modi inaugurates CG Semi chip plant in Sanand, Gujarat

Prime Minister Narendra Modi inaugurated India's third semiconductor manufacturing plant in Sanand, Gujarat, a significant stride in building a domestic chip ecosystem. This facility aims to bolster manufacturing, strengthen electronics supply chains, and reduce import reliance. Union Minister Ashwini Vaishnaw highlighted the rapid development of the sector, underscoring its national priority. Meanwhile, the Mumbai-Ahmedabad High-Speed Rail corridor is nearing completion, with an operational str

4 Jul 2026 5:09 pm
Rs 5 lakh medical emergency led him into Rs 15 lakh debt: 3 warning signs of debt trap that get ignored, financial advisor explains

A financial advisor has shared the story of a Pune-based operations manager who saw his debt rise to over 15 lakh after taking a loan for his father's medical emergency. The case explains how one unexpected expense can trigger a debt spiral through rising EMIs, credit card debt and costlier loans, while highlighting three warning signs people should watch to avoid falling into the same trap.

4 Jul 2026 5:06 pm
Bihar government restores 'Z' category security for Lalu Prasad, Rabri Devi

Bihar government has reinstated 'Z' category security for RJD supremo Lalu Prasad and former Chief Minister Rabri Devi. This enhanced protection includes a bulletproof vehicle and specialized HQRT personnel, following a recommendation from the State Security Committee. The decision comes after their previous security cover was withdrawn and Rabri Devi was asked to vacate her official residence.

4 Jul 2026 4:53 pm
Tankers make U-turns in Hormuz, with some taking Iran route instead

Tensions are high in the Persian Gulf as at least eight ships, including oil tankers, reversed course near the Omani coast, signaling Iran's continued assertion of control over the Strait of Hormuz. Despite a US-Iran deal to reopen the waterway, vessels report warnings from Iranian forces. While traffic has increased, it remains below pre-war levels, highlighting ongoing complexities for global oil markets.

4 Jul 2026 4:48 pm
Celebratory firing murder case: Bihar BJP MLA Raju Kumar Singh gets 4-year jail

A Delhi court has sentenced Bihar BJP MLA Raju Kumar Singh to four years of simple imprisonment and a Rs 25 lakh fine for his role in a 2018 celebratory firing incident that led to a woman's death. The court found Singh culpable for culpable homicide not amounting to murder and violations of the Arms Act.

4 Jul 2026 4:42 pm
Pakistan senator demands Dy PM Dar's resignation over relative's arrest in gangrape case

A Pakistani senator has demanded the resignation of Deputy Prime Minister Ishaq Dar following the arrest of his alleged grandson, Muhammad Raza Dar, in a case involving the abduction and gangrape of two foreign women in Lahore. Senator Faisal Vawda accused the government of protecting the minister's relative and highlighted the incident's potential damage to Pakistan's international image.

4 Jul 2026 4:41 pm
India's factory boom comes with a growing cyber bill

Cyberattacks on Bajaj Auto and Tata Electronics have exposed a growing risk for India's manufacturing sector, compounded by rising automation and connectivity. Industry experts believe that the interconnected nature of factories creates vast opportunities for cybercriminals. The breaches raise alarms over the potential exposure of sensitive data from major players like Apple and Tesla, threatening India's 'China-plus-one' strategy and eroding trust on the global stage.

4 Jul 2026 4:34 pm
Next stop: Ad break? DMRC plans in-train audio ads on 4 metro lines

Delhi Metro is set to introduce in-train audio advertisements on its Red, Yellow, Blue, and Magenta lines to boost revenue. This move aims to transform trains into a premium advertising platform, mirroring global transit systems. Advertisements will be aired only during silent intervals between essential passenger announcements, ensuring information flow remains uninterrupted.

4 Jul 2026 4:31 pm