The Economic Times
Elections 2026Economy / The Economic Times
The government highlighted significant rail infrastructure achievements over 12 years, including the world's highest Chenab river arch bridge and 99.6% broad-gauge network electrification. The launch of the Vande Bharat Sleeper train saw 100% occupancy, while 36,000 km of new tracks and 484 km of tunnels were constructed, enhancing national connectivity and sustainable transport.
A Reddit post by a former recruiter and resume writer is drawing attention for revealing eight resume factors that hiring managers often look for but rarely discuss openly. From clearly showing the right experience level and highlighting meaningful achievements to reducing confusion and using natural language, these insights explain why some qualified candidates get interviews while others are overlooked.
India and the US are exploring a potential meeting between Prime Minister Narendra Modi and US President Donald Trump. This could happen on the sidelines of the G7 summit in France next week. The meeting's finalization depends on various factors, including their schedules. Prime Minister Modi's visit to France and Slovakia includes attending the G7 outreach sessions.
A Chinese proverb teaches that nurturing hope and positivity within oneself, symbolized by a green tree, creates an environment where joy and opportunities, like a songbird, can flourish. This wisdom emphasizes that cultivating inner strength and kindness attracts positive experiences and meaningful connections, highlighting the profound influence of our inner world on our outer reality.
The President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in REC in 2019. The Ministry of Power conveyed the approval. The merger will see REC's assets and liabilities transferred to PFC. REC will be dissolved post-merger.
African proverb of the day: Genuine love, like misty rain, quietly transforms relationships through consistent acts of kindness, patience, and support. This African proverb emphasizes that steady devotion and meaningful everyday efforts build deeper trust and lasting emotional connections, proving that gentle, persistent care holds profound power.
Prime Minister Narendra Modi has completed twelve years as India's longest-serving elected leader. The government highlights significant achievements in tax reforms, digital expansion, and economic growth. India has transitioned to become the world's fastest-growing major economy. These reforms have boosted investor confidence and are paving the way for a USD 5 trillion economy.
A U.S. Navy veteran who continued working at a California airport despite severe chronic pain has received an overwhelming show of support from strangers after a viral TikTok video highlighted his struggle. James Blair, who has spent decades in physically demanding jobs while also helping care for his elderly mother, inspired thousands of people to donate more than $135,000 toward his medical expenses and living costs.
India's healthcare sector has seen a major transformation over the last 12 years. Health insurance coverage has expanded significantly. Maternal and child healthcare has improved. Medical infrastructure has seen a substantial increase. The government has focused on making healthcare accessible and affordable for all citizens.
On This Day in History, June 10 witnessed events that ranged from the legendary destruction of Troy and the birth of Gothic architecture to major developments during the Second World War and the opening of the 2010 FIFA World Cup in South Africa. The date also saw milestones in aviation, broadcasting, transportation, political history and popular culture, making it one of the most eventful days in the historical calendar.
Chartered accountant Paaras Gangwal advises caution on home loan prepayments. He explains that early loan prepayments yield significant savings. Prepaying in the initial years is more beneficial than in the final stages. Gangwal stresses the importance of an emergency fund before making extra payments. Understanding loan structure is key to maximizing financial gains.
A three-year-old boy in Thane narrowly escaped injury after accidentally swallowing two metal wires hidden within his birthday cake's decorations. The incident, which occurred during a celebration, prompted his family to raise concerns about food safety and the undisclosed use of non-edible materials in baked goods. Fortunately, the wires passed naturally, and the child recovered without harm.
Residential consumers can now use non-DCR solar modules for rooftop installations under the PM Surya Ghar scheme. This applies to those who opt out of central financial assistance. The exemption is valid until March 31, 2027. These consumers must apply through the PMSG National Portal. This move aims to boost domestic solar production and competitiveness.
Former President Barack Obama's annual book recommendations highlight diverse genres and voices. This year's list includes Percival Everett's James, a reimagining of Huckleberry Finn, and Hanif Abdurraqib's There's Always This Year, exploring basketball and identity. Liz Moore's The God of the Woods offers a literary mystery, while Kaveh Akbar's Martyr! delves into grief and meaning.
Although crying and overexplaining are natural emotional responses, psychologists note that they can become counterproductive when they replace clear, direct communication. When someone repeatedly feels ignored, invalidated or emotionally unsafe, they may find themselves caught in a frustrating cycle.
Oscar Wilde's famous quote of the day, The one charm of marriage is that it makes a life of deception absolutely necessary for both parties, offers a satirical look at relationships and social expectations. Originating from The Picture of Dorian Gray, the remark reflects Wilde's trademark wit while highlighting his ability to provoke thought about human nature, honesty, and the complexities of marriage.
India summoned the US Charg dAffaires to protest an attack on the commercial vessel Settebello off Oman's coast, which carried 24 Indian crew members. While 21 have been rescued, three remain missing. India reiterated its call for de-escalation and the protection of commercial shipping.
Words of wisdom by Jimi Hendrix, Knowledge speaks, but wisdom listens, reveals a timeless truth about success, growth, and human understanding. This powerful life lesson shows that real intelligence is not only about facts, but about awareness, patience, and emotional wisdom. Jimi Hendrixs journey as a legendary musician proves that creativity grows when people observe, learn, and listen deeply. In todays fast-changing world, this wisdom quote inspires better decisions, stronger relationships, a
Loneliness can become a comfortable refuge after heartbreak. Past losses build walls that prevent new happiness. Nicholas Sparks' novel Message in a Bottle explores this struggle. A character's father tells him he is afraid of finding someone new. This highlights how grief can shape a life. Opening one's heart again requires courage.
India's zero tolerance for terrorism is reinforced by Operation Sindoor. This operation destroyed nine terror hideouts. It was launched to avenge a deadly attack. Indian forces conducted precision strikes in Pakistan and Pakistan-Occupied-Kashmir. The military conflict lasted nearly 88 hours. An understanding brought the conflict to a halt.
Japanese proverb of the day: Even in the closest relationships, maintaining courtesy is essential. Familiarity can lead to taking loved ones for granted, but small acts of respect, gratitude, and thoughtful communication strengthen bonds. True closeness means practicing manners even more thoughtfully to preserve trust and harmony.
West Bengal's new Industry Minister Tapas Roy has prioritized bringing back Tata Motors to the state, aiming to signal a pro-industry environment. He highlighted the departure of 6,688 industries under the previous regime and emphasized the government's commitment to making Bengal investor-friendly, citing Amul's Rs 650 crore investment as an early success.
Assam is becoming a top live entertainment hub in India. Progressive policies and infrastructure are boosting the economy and tourism. A recent concert generated significant revenue and visitor spending. The state aims to host more major events, creating jobs and showcasing its culture.
Shashi Tharoor advocates for significant policy reforms and infrastructure development to enhance India's tourism. He suggests greater private sector participation in promoting the country as a travel destination. Tharoor highlights the need for cost reductions and improved hospitality sector regulations. He believes government efforts should focus on infrastructure and regulatory frameworks, allowing businesses to lead promotion.
Internet data costs have fallen dramatically by 97 percent since 2014, making it more affordable. This has led to a significant increase in internet users, especially in rural areas. The digital economy is booming, with mobile phone manufacturing and exports also seeing massive growth. India is becoming a leader in digital transformation and technology.
The Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost governance. The new guidelines will be effective from January 1, 2027. Banks must ensure their risk management, compliance, and internal audit functions are robust.
Tata Consumer Products aims for over 20% EBITDA margin in the long run. Newer businesses like Tata Sampann and acquired entities are key growth drivers. The company plans significant annual growth from acquisitions. Innovation and digital capabilities are also central to future expansion. Revenue and profit saw substantial increases in the last fiscal year.
The Modi government has five-folded the agriculture ministry budget to Rs 1.4 lakh crore for 2026-27. Over 3,000 climate-resistant crop varieties were released. Farmers received Rs 4.3 lakh crore under PM-KISAN. Fertiliser subsidy rose to Rs 2.21 lakh crore. Foodgrain production reached a record 3,577 lakh tonnes. Agriculture exports grew by 37 percent.
The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has seen over 1 lakh guarantees issued, totaling Rs 48,484 crore in just one month. This initiative, aimed at addressing liquidity challenges from the West Asia crisis, primarily benefits the MSME sector, with public sector banks playing a significant role in its rapid adoption.
A Reliance-led consortium has secured the bid for the massive Juhu Galli slum redevelopment in Mumbai. This project will build over 28,000 homes for residents. The Maharashtra government's cluster redevelopment policy guides this initiative. The developer must provide significant financial support for resident transit accommodation. This marks a major step in large-scale slum redevelopment in the city.
Quote of the day by Will Durant: Historian Will Durant emphasized that sometimes, doing nothing requires more wisdom than acting. He noted that history shows impatience often creates problems that patience could have prevented. This thoughtful restraint, rather than immediate reaction, allows for clearer judgment and better outcomes.
A Norwegian proverb reveals how hardship changes our perspective. What seems bad today can appear manageable when a greater challenge arises. This wisdom highlights resilience and gratitude. Difficulties often teach valuable lessons, leading to growth and a deeper appreciation for present circumstances. The saying reminds us that our understanding of events evolves with time and experience.
Netflix's live-action Scooby-Doo: Origins is filming for a 2027 debut, featuring a real Great Dane as Scooby-Doo. The coming-of-age mystery follows Shaggy and Daphne's summer camp discovery of a lost puppy linked to a supernatural mystery, leading them to team up with Velma and Fred.
US stock market is under pressure again. Investors woke up to another sharp decline in the Dow Jones, S&P 500 and Nasdaq after fresh inflation data reminded Wall Street that the fight against rising prices is far from over. The Dow Jones Industrial Average dropped more than 450 points, falling below 50,450 during morning trading. The S&P 500 slipped over 40 points, while the Nasdaq lost nearly 200 points as technology stocks once again led declines. At the same time, the VIX volatility index jum
The Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered their licenses. These actions are due to various reasons including exiting the business or ceasing to be legal entities. Many of the cancelled companies were based in West Bengal. This move impacts the financial landscape.
Street artist Banksy's anonymity offers a powerful lesson. His quote, 'invisibility is a superpower,' challenges today's constant sharing culture. Banksy built his fame on mystery, proving messages matter more than personality. This approach offers freedom from public judgment. His philosophy reminds us that privacy can be a form of strength, not weakness.
ZEE5 will bring the FIFA World Cup 2026 to Indian fans in Hindi, English, Bangla, and Malayalam. Football legends like Gurpreet Singh Sandhu and Bhaichung Bhutia will be part of the commentary panels. This multilingual coverage aims to connect deeply with passionate football communities across India. The tournament will be held across the United States, Canada, and Mexico.
OPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was primarily driven by a U.S. naval blockade impacting Iran's exports, making it impossible for OPEC+ members to meet their planned production increases.
A Meerut woman is seeking divorce after her honeymoon turned sour when her husband invited his entire family. The initial trip to Nainital, intended for the newlyweds, included his parents, brother, and sister, leading to marital discord. Further disagreements arose over a planned Dubai holiday, prompting police intervention and referral to a family counselling centre.
The Reserve Bank of India has introduced new rules for bank loans to REITs and InvITs. All loans must be fully secured and repaid according to cash flows. Bullet or ballooning loan structures are now banned. These new directions will be effective from October 1, 2026. The move aims to ensure financial stability while supporting income-generating trusts.
CSIR-NAL has found a production partner for its HANSA-3 (NG) trainer aircraft. This indigenous two-seater aircraft is crucial for pilot training. The SARAS Mk-2 aircraft program is still in the design stage. The organization aims to boost pilot training in India by producing these aircraft in large numbers.
India has extended anti-dumping duties on aluminium foil imports. The measure will remain in effect until December 15, 2026. This decision impacts imports from China, Malaysia, Thailand, and Indonesia. The Ministry of Finance issued a notification amending previous customs regulations. This action follows requests from domestic companies concerned about unfair trade practices.
The French proverb of the day, At the end of the chess game, both the king and the pawn go back into the exact same box, uses the game of chess to convey a timeless lesson about equality and humility. It reminds us that while people may hold different levels of power, wealth, or status during their lives, those distinctions ultimately fade. The saying encourages individuals to focus on character, kindness, and meaningful actions rather than social position, as everyone shares the same human dest

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