The Economic Times
Elections 2026Economy / The Economic Times
Rapid7, a notable player in cybersecurity, has announced a workforce reduction of around twelve percent as part of its strategic shift towards an AI-first approach. This decision aligns with their goal to boost investment in AI-driven security solutions and refine their core platform. Additionally, the company is forming a new leadership team intended to spearhead this innovative AI initiative, ultimately striving for improved operational efficiency and enhanced customer service.
India is examining Bangladesh's request for Sheikh Hasina's extradition. The government stated its position on the matter remains unchanged. Investigations are ongoing regarding the murder of activist Sharif Osman Hadi. High Commissioner Dinesh Trivedi met with Prime Minister Tarique Rahman in Dhaka. Both nations discussed strengthening bilateral relations and mutual interests.
The next time you walk into a room and suddenly forget why you went there, it may be easy to blame your memory. But psychology offers a more intriguing explanation: your brain may have just encountered an event boundary. As your surroundings change, your mental context shifts too. New information becomes more relevant, while the intention you were holding onto can temporarily become harder to retrieve.
Quote of the Day by Enid Blyton: Enid Blytons quote, If you cant look after something in your care, you have no right to keep it, explores the importance of responsibility, care, and accountability. The quote suggests that having something in our possession also means accepting the responsibility to protect, support, and care for it properly rather than neglecting its needs.
White vinegar for mold removal hack: Mold thrives in damp conditions, but there's an effective solution: white vinegar. Its acetic acid content is a powerful ally against household mold. To treat small patches, spray undiluted vinegar and scrub after thirty minutes. Remember, the key to preventing mold from returning is to fix the moisture problem.
Disney has secured global streaming rights for Formula E races. The multi-year agreement will feature races on Disney+ across 144 territories. US viewers can also watch races on ESPN and ESPN+ platforms. The 2026-27 season includes 21 rounds in major global cities. Formula E also plans to debut its advanced GEN4 electric racing car.
Quote of the day by Rumi: If you find the mirror of the heart dull, the rust has not been cleared from its face. Explore the deeper meaning behind this powerful Rumi quote about the heart, emotional clutter, self-reflection, inner peace, spiritual growth and the importance of clearing away the experiences that prevent us from seeing ourselves and life with greater clarity.
Kite flying is a beloved Indian tradition celebrating freedom and patriotism. Families gather on rooftops, enjoying the festive atmosphere and friendly competitions. Kites, once used for protest, now symbolize national pride and unity. Markets display colourful kites featuring tricolour patterns and patriotic messages. Safety precautions are advised for responsible kite flying during celebrations.
Electric two-wheeler subsidies are extended by the government until March 2028. An incentive of up to Rs 5,000 per vehicle will continue under the PM E DRIVE scheme. The government has provisioned an additional Rs 1000 crore for electric two-wheeler subsidies. India has already surpassed its electric two-wheeler sales target under the scheme. Electric three-wheelers no longer require these government incentives.
A new walking method called the 6-6-6 trend is gaining attention for health. This routine involves a sixty-minute walk scheduled for either six a.m. or six p.m. It includes a six-minute warm-up and a six-minute cool-down to aid recovery. Experts suggest this approach makes reaching ten thousand steps more efficient and accessible. Regular walking offers significant benefits for heart health and weight management.
India aims for a tenfold increase in compressed biogas production over the next decade. The government plans to address supply chain uncertainties and simplify business processes. Offtake assurance and stable pricing mechanisms will be implemented for producers. Financial support and credit guarantees will encourage new plant development. This initiative seeks to enhance energy security and reduce import dependence.
Nobody likes a tattletale who publicises private matters or tells confidential information to people. Being a blabbermouth destroys not just your reputation but also your relationships, as you are then considered untrustworthy.
India is strengthening supply chains by prioritizing energy and semiconductor sectors. The nation aims to reduce import dependence through domestic capacity creation. Critical minerals are essential for clean energy and electric vehicle technologies. Trade deficit reflects imports needed for economic growth and industrialization. Negotiations for a trade pact with the United States are ongoing.
Top bank CEOs discussed AI's beneficial use in banking operations. They highlighted generative and agentic AI for customer service and internal improvements. Data quality and governance frameworks are critical challenges for effective AI deployment. Banks must invest in employee reskilling and maintain human oversight of AI systems. AI promises improved customer experience and faster technology implementation.
Vodafone Idea plans double-digit revenue growth and significant network investment. The company will invest 450 billion rupees in its network over three years. Promoter support and lender conversations provide financial confidence for the roadmap. Orders for network equipment worth 90 billion rupees have already been placed. This strategy aims to sustain subscriber additions and boost revenue and EBITDA.
Embassy Developments reported a 338% year-on-year jump in June-quarter pre-sales to 868 crore, while collections rose 54% to 496 crore. The developer has a 19,400-crore FY27 launch pipeline and is targeting 8,000 crore in total pre-sales.
CPP Investments has agreed to invest up to 3,000 crore in Prestige Estates hospitality subsidiary, Prestige Hospitality Ventures, for a stake of up to 28%. The investment will be made in multiple tranches, subject to due diligence and regulatory approvals.
India's net direct tax collections grew 23.09 percent year-on-year to Rs 8.11 lakh crore. Gross direct tax collections increased 19.75 percent, with refunds also rising slightly. Net corporate tax collections saw a substantial increase from the previous year's figures. Securities Transaction Tax collections also climbed significantly during this period. Overall, direct tax revenue before refunds reached Rs 9.55 lakh crore.
Delhi government's purchases via GeM portal surged 156 percent to Rs 1,595 crore. This significant increase provides a strong platform for micro and small enterprises. Government procurement through GeM reached Rs 4,311 crore in 2025-26. The participation of women and SC/ST entrepreneurs is also increasing. Delhi has been recognized for sustained services procurement adoption on the platform.
GB Realty will invest over five thousand crore rupees in upcoming years. The company plans to expand its luxury residential portfolio and enter new markets. This investment will focus on luxury and ultra-luxury residential developments. GB Realty aims to build a diverse development pipeline across North India. The firm targets a fifty thousand crore valuation by twenty thirty-six.
United Spirits challenges a government ban on its popular rum in Maharashtra. The company argues the prohibition order was issued without following proper legal procedures. This action occurred as food safety regulators began industry consultations on labelling rules. United Spirits claims the ban is premature and commercially prejudicial to its business. The dispute highlights ongoing regulatory scrutiny impacting India's alcoholic beverages sector.
IndianOil has launched its new 10 Kg composite LPG cylinder in Guwahati. This modern cylinder offers a lightweight and rust-free alternative to steel ones. Its translucent body allows users to easily monitor the remaining LPG level. The initial cost for this innovative product is Rs. 4,853 with refills at Rs. 1,667. This launch aims to provide enhanced convenience and a premium experience for urban consumers.
Guru Randhawa, the popular singer, has stepped up by donating seven lakh rupees to assist the flood victims in Assam. His generous contribution will help construct thirty-five durable flood-proof homes within the devastated areas. Collaborating with the Sikh Aid Foundation, Randhawa aims to provide shelter for those displaced by the catastrophic floods that have wreaked havoc across the state, with additional support coming from other celebrities as well.
Telecom operators flagged 24.4 billion calls and messages as suspected spam during April-June. AI systems identified 22.9 billion calls and 1.4 billion SMSes as unsolicited communications. Consumer complaints rose significantly, with 10.8 lakh received during the quarter. Most complaints were filed through the Do Not Disturb app.
Theres no one among us who hasn't been bitter or regretful over our past actions and wondered how life could have gone better for us. An old French proverb reminds us not to waste time in wallowing in self-pity but to be positive over what we do have.
Air India SATS Airport Services and Concor Air Limited have signed an initial pact. This collaboration aims to expedite cargo movement from Dadri to Noida International Airport. The agreement will facilitate seamless handling of customs-cleared transhipment cargo for international dispatch. This partnership strengthens AISATS' air cargo operations by deepening inland freight network connectivity. The initiative seeks to create a more efficient and integrated pathway for cargo movement.
In a significant financial shift, the tax burden for ITR-7 filers has climbed to Rs 1,043 crore in the Assessment Year 2025-26, a figure that is about threefold compared to five years back. This information, shared with Parliament by the Minister of State for Finance, highlights the growing obligations faced by trusts, political organizations, and academic institutions submitting ITR-7.
Dale Carnegie quote of the day: Dale Carnegie's quote emphasises that worrying about others can deplete our energy reserves. Animals, in contrast, thrive without the need for external validation. The rise of social media has exacerbated this desire for approval, often leading to emotional exhaustion. Carnegie's insightful quote urges individuals to abandon performative behaviours in favour of finding true inner peace. By celebrating our authentic selves, we can discover deeper happiness and over
Talking to yourself out loud may seem like a strange habit, especially when someone else catches you doing it, but psychology suggests it is far more common and meaningful than people realise. Researchers have looked at why people verbalise their thoughts and what happens when those thoughts are spoken instead of kept entirely inside the mind. From everyday situations to moments of stress or uncertainty, this simple habit may play a more interesting role in how people process what is happening a
India's aviation ministry summoned Air India's outgoing CEO regarding a recent flight incident. The aircraft experienced a sudden altitude loss, causing passenger and crew injuries. Multiple technical issues and turbulence were reported during the flight. Investigators are examining the serious incident with international assistance. Confirmatory test results for the pilot-in-command are currently awaited.
In a strategic move to encourage electric vehicle usage, the government has prolonged the PM E-DRIVE Scheme until March 2028, though incentives for electric two-wheelers will be cut down to Rs 2,500 per kWh effective from April 1, 2025. The initiative carries a substantial funding of Rs 11,900 crore, focusing on both vehicle adoption and necessary infrastructure expansion.
With the appointment of Aasif Malbari as the new managing director and chief executive officer, a transition is underway at the helm. He takes over from Sudhir Sitapati, who departs after five impactful years. Malbari, who was serving as GCPLs global chief financial officer, brings significant experience from the FMCG and automotive sectors, focusing on strengthening core business operations and fast-tracking the expansion of new categories.
Fusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans while focusing on small business lending. Assets under management aim to reach ten thousand crore rupees this fiscal year. This diversification follows regulatory changes allowing more non-microfinance loan options.
Proverb of the day: Genuine prosperity arises from appreciating what you have rather than chasing after possessions. A wise German proverb is a life lesson which suggests that recognizing your fortune is a deliberate choice. This outlook helps mitigate the negative impacts of comparison culture, reducing self-doubt. By adopting this mindset, individuals cultivate true resilience, shifting their perception of reality and inviting tranquility into their lives.
The Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) may increase operational challenges for lenders, reduce their returns and raise costs for borrowers, Kotak Institutional Equities said in a report.
A 1,400-year-old skeleton found in northern Italy revealed the remarkable story of a Medieval man who survived the loss of his right hand and may have used a knife as a makeshift prosthetic. Researchers found evidence suggesting the blade was attached to his arm with leather straps and a buckle.
The Gross Domestic Product serves as a key indicator of a country's economic status, highlighting overall production. While it may not be perfect, there's a strong connection between GDP and quality of life measures. Detractors, such as political figures, often propose different metrics, yet none have gained significant traction. In the end, GDP serves as a fundamental tool for assessing economic vitality and national living standards.
Aluminum foil may help deter pigeons from balconies because its reflective surface, movement and flashes of light can make landing areas less inviting. Hanging several strips near common pigeon spots can create a temporary visual deterrent. Replace or reposition the foil when it becomes dirty, damaged or stops moving. For persistent problems, combine the trick with balcony cleaning and physical bird-proofing measures.
Instamart is expanding its fresh produce sourcing network across Northeast India. Meghalaya's pineapples are now available to customers in Bengaluru through this initiative. This plan aims to create new markets for farmers and FPOs in the region. The company is exploring sourcing other GI-tagged products from various Northeast states.
India's economy reached sixth globally with a $3.92 trillion GDP in 2025-26. Government strategies focus on agricultural productivity and manufacturing growth. Infrastructure and logistics are strengthened through public investment and new policies. Foreign investment remains substantial, and bank bad loans have significantly fallen. Unclaimed bank deposits now total over Rs 86,917 crore.
Philips India is focusing on growing healthcare infrastructure and artificial intelligence. The company's R&D footprint in India is significantly strengthening its global operations. Investments will continue to support Philips' positive growth story in the country. Philips sees opportunities in sleep and respiratory care as awareness increases. The company prioritizes value over price when facing competition from other firms.
Around 110 ABVP workers were detained during their march to the Jharkhand Assembly. Protesters clashed with police personnel as they blocked the bus carrying detainees. Some women protesters were also detained, and two students fainted during the demonstration. The ABVP demanded answers regarding alleged police atrocities and exam irregularities. They called for a CBI probe into recruitment examination leaks and reforms.
President Droupadi Murmu has approved the Prevention of Insults to National Honour (Amendment) Bill. This legislation grants Vande Mataram statutory protection similar to the National Anthem. Deliberate insult or disruption during its singing will now be a punishable offense. Opposition MPs have raised concerns about the practical implications of extended singing times. The bill passed Parliament last month amid political differences and protests.
The telecom operator Vodafone Idea is in the process of raising capital from a mix of public sector and private lenders, showcasing significant advancement in its funding strategy. They have successfully closed the initial tranche amounting to Rs 6,400 crore, factoring in warrant proceeds and various debt facilities. The company remains engaged with lenders to fortify its overall financial health.
The Allahabad High Court has ordered the father of two adult sisters and the Uttar Pradesh government to jointly pay Rs 25 lakh compensation after finding that the women were illegally confined at home following their voluntary conversion to Islam. The court said adults have the constitutional right to make personal decisions about faith, residence and liberty.
If you want a garden that looks beautiful while requiring less maintenance, living mulch plants can be a clever solution.

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