The Economic Times

CA Foundation May 2026 Toppers list: Sakshi Jain from Nashik has topped the ICAI CA Foundation May 2026 exams, securing All India Rank 1 with an impressive 92.75%. Ayanabbas Ajani and Radha Unmesh Mulay from Maharashtra followed, claiming the second and third spots respectively. The results reveal a competitive field, with a pass percentage of 20.09% among the 90,217 candidates who appeared.

India has issued notices to messaging apps Telegram and Signal, demanding explanations for safeguards on features allowing anonymous messaging. This move follows a similar directive to WhatsApp regarding its planned username feature. The government cites concerns over increased online fraud and impersonation. Digital rights groups have criticized the notices, particularly to Signal, calling them a dragnet impacting protected speech.

Iran and Iraq prepare for the funeral of Supreme Leader Ayatollah Ali Khamenei, months after his death in a US-Israel war. The delayed ceremony, beginning Saturday, will gauge the theocracy's public support following recent crackdowns. The event's significance is amplified by the potential first public appearance of his successor, Ayatollah Mojtaba Khamenei, believed wounded in the attack.

Portugal clinched a thrilling 2-1 win against Croatia in the 109th minute, propelling them to the next stage of the World Cup. A controversial VAR decision disallowed Croatia's potential equalizer for offside, leaving Luka Modric and his teammates devastated. Meanwhile, Goncalo Ramos and Cristiano Ronaldo shone brightly for Portugal, celebrating a glorious moment in their World Cup campaign.

India faces a challenging economic outlook with food inflation projected at 6% and CPI at 5% in FY27, largely due to a severe monsoon deficit impacting agriculture. Despite a widening non-oil trade deficit, strong services exports and a surge in FDI inflows are providing crucial support. Remittances also show robust growth, bolstering the economy. Government and RBI measures aim to stabilize the rupee, with crude oil prices expected around $90/bbl.

Europe's scorching heatwaves are challenging the notion that hot weather always boosts alcohol sales. Research indicates that extreme temperatures, beyond 32C, can deter drinkers, leading to decreased consumption. Health authorities advise against alcohol during heat, citing dehydration risks. While some seek indoor, air-conditioned venues, others find the heat a reason to indulge, creating a mixed outlook for the beverage industry amidst a warming climate.

Germany sick leave policy: Germany is set to tighten sick leave rules, requiring doctor's certificates from day one of absence upon the employer's request. This move, part of a broader economic reform package, aims to boost productivity and combat high absenteeism. Chancellor Friedrich Merz highlighted the need to address competitive disadvantages caused by prolonged absences, signaling a significant shift from previous policies that allowed short-term sick leave without immediate medical proof.

A career coach suggests a strategic morning window for job applications, between 7:50 AM and 8:30 AM, to significantly boost visibility. By applying early, candidates can ensure their CV appears at the top of a recruiter's inbox, bypassing the usual rush of later submissions. This simple, consistent habit, requiring just 10 minutes daily, can help job seekers stand out and get noticed faster in a competitive market.

The Madhya Pradesh State Consumer Disputes Redressal Commission has dismissed BSNL's appeal against a lower court order directing it to restore a customer's landline and pay Rs 15,000 in compensation. The commission found that BSNL failed to produce any evidence supporting its claim that the connection could not be repaired due to cable damage.

A disturbing trend is crippling Delhi's e-rickshaw drivers as pranksters use a smartphone app, BAT-BMS, to remotely disable their vehicles. This exploit targets cheap, unsecured battery packs, causing sudden breakdowns and significant income loss for vulnerable workers. Authorities are now investigating the security loophole, which poses a real road-safety hazard and financial burden on drivers who rely on daily earnings.

Sussanne Khan's sister, Farah Khan Ali, has recently debunked persistent rumours of Sussanne receiving a Rs 400 crore alimony settlement from ex-husband Hrithik Roshan. Farah clarified that Sussanne received no alimony, calling the claims a 'lie' and expressing her dismay. She also talked about Sussanne's dignified handling of the divorce and her continued close bond with Hrithik and his family. Read on!

Assam Chief Minister Himanta Biswa Sarma met Union Minister for Parliamentary Affairs and Minority Affairs Kiren Rijiju and discussed flood relief, rehabilitation and recovery efforts in Assam.

Former Davis Cupper Vishal Uppal stresses India needs more international tournaments to nurture top players. He highlighted the financial struggles of aspiring players, urging former athletes and corporates to boost domestic events. Uppal also emphasized better talent identification, revamping the domestic circuit, and supporting Indian coaches to elevate the sport's standing.

Engineers have developed robotic fish that mimic real aquatic life, offering an aquarium experience without the upkeep. These miniature submarines, powered by Arduino and guided by an overhead camera and Raspberry Pi, autonomously navigate, interact, and even return to a wireless charging station. This innovation promises a maintenance-free aquatic display, blending technology with the tranquility of nature for a futuristic aquarium.

Ever replay an embarrassing moment from years ago? Your brain prioritizes negative experiences, a survival mechanism rooted in 'negativity bias'. The amygdala flags emotional events as crucial, while our social nature amplifies perceived slights. Each mental replay strengthens these memories, even if others have forgotten. This isn't a flaw, but your brain's way of helping you learn and adapt.

India's services sector growth slowed significantly in June, hitting a 17-month low as domestic demand weakened. New business expansion also reached its slowest point in over two-and-a-half years, leading to a near standstill in hiring. While export orders offered some support, overall business confidence dipped due to economic challenges and global uncertainties.

In January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nation repay a massive IMF debt. This unprecedented public drive, inspired by historical acts of sacrifice, saw over 3.5 million citizens participate, contributing 227 metric tonnes of gold.

An ex-Oracle employee, Pradeep Kannan, credits his MBA with transforming his career from a corporate role to entrepreneurship. He states the degree provided crucial business acumen, a structured foundation, and significantly boosted his salary from Rs 25,000 to Rs 1 lakh monthly. Despite modern free learning resources, Kannan emphasizes the MBA's unique impact on his life's direction and entrepreneurial journey.

South Korea's World Cup exit has ignited a national outcry, prompting presidential calls for an investigation and the coach's resignation. Frustration over the Korea Football Association's controversial appointment processes, including that of coach Hong Myung-bo, has fueled widespread demands for reform. Fans and officials alike are questioning competence over connections, pushing for accountability and a rebuild of public trust in the nation's football leadership.

Tragedy struck near the Sonamarg tunnel in Ganderbal, Jammu and Kashmir, as a CRPF vehicle veered off the road, resulting in injuries to six personnel. The incident occurred on the Srinagar-Leh National Highway. The injured were promptly given first aid and subsequently moved to a CRPF camp at Gund for advanced medical care. Officials confirmed the details of the accident.

India's electricity demand surged in June, pushing coal-fired power generation to a near three-year high. Record heatwaves and a weak monsoon fueled this increase, with cooling needs driving up consumption. Despite a rise in renewable energy, the lack of battery storage for solar power at peak times meant coal remained crucial. Hydropower and natural gas generation saw significant drops.

India has opened the door for four Chinese power equipment manufacturers with local factories to bid on crucial government power projects. This exemption, valid for two years, aims to bolster the nation's expanding transmission network and renewable energy goals. The move follows a January request from the power ministry and comes amid easing border tensions, though it's not set as a precedent for other firms.

Weather tomorrow July 4: India braces for intense monsoon activity as the IMD forecasts widespread heavy rainfall, thunderstorms, and lightning across many states on July 3rd and 4th. Himachal Pradesh, Uttarakhand, Madhya Pradesh, Odisha, Gujarat, and the Konkan region are expected to witness significant downpours. Authorities are urging caution, especially in hilly and flood-prone areas, due to the risk of landslides and flash floods.

Curry Barker's directorial debut, Obsession, has become a massive hit, grossing over $370 million worldwide. This supernatural horror, exploring the dark side of desire and control, is now available on OTT in India. Read on to know when and where to watch Michael Johnston, Inde Navarrettes horror movie online.

Beyond his iconic film career, Amitabh Bachchan reveals a profound love for reading, recommending six books that shaped his perspective. From historical epics like 'The Anarchy' to accessible economics in 'Talking to My Daughter,' and inspiring memoirs like 'Head Held High,' Bachchan shares titles that offer wisdom, courage, and understanding. He also champions his daughter's debut novel and an essential guide for young girls, 'What's Up With Me?'

Explosive diarrhea parasite illness: A parasitic illness causing severe diarrhea is spreading across 17 US states, with over 145 cases reported and 20 hospitalizations. New York leads in infections, followed by Texas and Illinois. Health officials are investigating potential links to contaminated produce, though no specific source is identified. Symptoms include watery diarrhea and stomach cramps, with potential for prolonged illness. Experts are concerned as most cases lack recent international

Shane Nigam and Shanthnu Bhagyaraj's Malayalam sports drama, Balti, is set for its digital premiere, nearly nine months after its theatrical release. The film, which uses kabaddi as a backdrop to explore themes of friendship, loyalty, and difficult choices, aims to reach a wider audience after a modest box office performance. Directed by Unni Sivalingam, Balti promises an intense, coming-of-age story. Read on!

Cristiano Ronaldo's sister, Katia Aveiro, has fueled speculation that the ongoing FIFA World Cup 2026 could be the football icon's final tournament for Portugal. While Ronaldo scored a crucial penalty in their Round of 32 win, his sister's comments suggest fans should enjoy it while it lasts, hinting at an imminent national team farewell. Portugal advances to face Spain in the next round.

July 4 heatwave: A severe heatwave is gripping millions across the US, threatening July 4th celebrations with record-breaking temperatures and dangerous humidity. Outdoor events in cities like Boston and Philadelphia are being altered or canceled. Meteorologists warn of prolonged heat due to a persistent high-pressure system, urging residents to stay hydrated and avoid strenuous activity. Heat-related illnesses are a significant concern, especially for vulnerable populations.

US President Donald Trump claimed Iran has accepted nearly all American demands in ongoing nuclear talks. He asserted that US military strikes have completely devastated Iran's armed forces and economy, leaving the nation in a severely weakened position while Washington maintains total control over the diplomatic negotiations.

A critical mission to rescue NASA's Swift Observatory has been delayed due to a last-minute launch problem. A rocket-launching plane, carrying a spacecraft designed to capture the aging telescope, experienced a software issue, forcing an abort. The problem is fixed, with another attempt planned. Swift, vital for observing cosmic events since 2004, faces a crash by October without this $30 million salvage operation.

A Bengaluru CA outlines a smart strategy for freshers earning Rs 12 LPA, prioritizing wealth building over lavish spending. Her plan emphasizes investing 20% in SIPs, building a 6-month emergency fund, and allocating funds for self-improvement and guilt-free enjoyment. This disciplined approach, she argues, lays the groundwork for long-term financial success, regardless of future income increases.

Mumbai experienced intense rainfall, with Mandavi Fire Station recording 150.2 mm. Widespread waterlogging has crippled traffic and led to two fatalities. The IMD has issued an Orange Alert, predicting more heavy showers. Authorities are urging residents to avoid non-essential travel as emergency teams work to clear debris across the city.

Rain in Delhi: Delhi is bracing for heavy rainfall and thunderstorms as the India Meteorological Department has issued a yellow alert. The monsoon has officially arrived, bringing much-needed relief from humidity. Residents can expect moderate to heavy showers, gusty winds up to 50 kmph, and potential waterlogging and traffic disruptions. This wet spell is part of a larger monsoon surge across North India, promising cooler temperatures but requiring preparedness for travel advisories.

A Chartered Accountant's social media post ignited a debate by contrasting a Rs 50 lakh luxury SUV with investing in 20 electric rickshaws. He argues that while an SUV is a depreciating asset, the e-rickshaws can generate a net monthly income of Rs 80,000 to Rs 1.2 lakh, highlighting the difference between appearing wealthy and truly building it through income-generating assets.

Ayatollah Khamenei's funeral news: Iran is preparing for a massive public farewell and funeral for former Supreme Leader Ayatollah Ali Khamenei, with an estimated 20 million people expected. The multi-day event, beginning July 4, will feature public viewing and procession. UN Secretary-General Antonio Guterres offered condolences, while India will send a delegation. Khamenei's son, Mojtaba, will not attend due to security concerns.

FIFA World Cup 2026 Bracket: The FIFA World Cup 2026 knockout stage is heating up with thrilling Round of 32 results. Powerhouses like France, England, and Brazil are advancing, setting up blockbuster Round of 16 clashes. Portugal, led by Cristiano Ronaldo, faces a massive showdown against Spain. Fans are eagerly tracking the bracket as elite teams battle for a spot in football history, with France, Brazil, and England looking particularly strong.

Iran is preparing for a multi-day funeral for Supreme Leader Ayatollah Ali Khamenei, who died in an Israeli airstrike. General Ahmad Vahidi, a key figure in Iran's hardline stance, has reappeared after weeks of absence. The funeral procession will span Iran and neighboring Iraq, with significant disruptions expected in Tehran as the nation mourns its long-time leader.

Venezuela's interim president, Delcy Rodriguez, revealed Friday that twin earthquakes on June 24 have claimed 2,595 lives. This grim update follows international aid offers from the IMF and World Bank. Venezuela is now establishing a $200 million reconstruction fund with the IMF to rebuild devastated homes, providing crucial financial support to contractors for recovery efforts.

Rao Bahadur, a psychological drama presented by Mahesh Babu, is garnering significant praise from early viewers. Directed by Venkatesh Maha and starring Satya Dev, the film is being hailed as a fresh cinematic experience, standing out from typical Telugu entertainers. The movie hit the theatres today (July 3).

Tragedy struck outside the UN headquarters in New York on Thursday as a man self-immolated and later died from his injuries. The incident occurred at First Avenue and 42nd Street, with police responding to the scene. While the motive remains unclear, reports suggest a Tibetan flag was present. Investigations are currently underway by the NYPD.

US President Donald Trump claimed he single-handedly averted a nuclear conflict between India and Pakistan by threatening both with 200% tariffs. He asserted this economic pressure stopped eight wars, including the India-Pakistan standoff following the April terror attack. However, India has consistently stated the de-escalation was achieved solely through bilateral military talks, rejecting any US mediation.

Portugal secured a dramatic 2-1 victory over Croatia in stoppage time, with Goncalo Ramos scoring the winner after Cristiano Ronaldo had equalized from the penalty spot. The win ends Luka Modri's World Cup aspirations. Croatia's late equalizer was controversially disallowed for offside, sparking fan protests. Portugal now advances to face Spain in the next round.

This weekend's OTT releases bring something for every viewer. From Pritam and Pedro and Silo Season 3 to Mollywood Times, Super Subbu, Isakapatnam, Muthassi, Karakkam and Elle, the latest movies and shows span comedy, thriller, horror, sci-fi and drama across leading streaming platforms. Read on to know when and where to watch them.

Success Quote of the Day by Jack Welch reminds us that true leadership begins with personal growth but reaches its highest purpose by helping others succeed. In a world where influence matters more than titles, Welch's timeless wisdom challenges us to redefine successnot by what we achieve alone, but by the lives we inspire, mentor, and empower every day.