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The Economic Times

Economy / The Economic Times

Donald Trump unveils 'flying White House' gifted by Qatar amidst Iran war, Strait of Hormuz deal at Joint Base Andrews in Maryland. All about 'largest Air Force One ever built'

Donald Trump Air Force One: The aircraft, a luxury Boeing 747, had previously generated controversy after Qatar offered it to replace the presidential jet last year.

20 Jun 2026 6:47 am
Strait of Hormuz to be closed again? What is happening with strait that carries nearly a fifth of global crude oil and liquefied natural gas supplies

Strait of Hormuz carried nearly a fifth of global crude oil and liquefied natural gas supplies before it was blockaded by Iran during the war.

20 Jun 2026 6:34 am
Gold price today: Will gold crash into bear market territory, fall below $4,000-mark? Check latest gold rate predictions

Gold price prediction: Gold rates extended their corrective phase and registered a third consecutive weekly decline, according to a bullion expert.

20 Jun 2026 6:04 am
World Cup 2026: Brazil vs Haiti prediction, lineups: Neymar is not playing game today, Morocco beat Scotland, USA win versus Australia, join Mexico in Round 32

Brasil - Haiti game today in World Cup 2026 is a crucial for both the national teams in terms of progressing to knock out Round of 32.

20 Jun 2026 5:53 am
Achraf Hakimi of Morocco is playing against Scotland despite France court declares he must stand trial

Morocco coach Mohamed Ouahbi decided to start with Achraf Hakimi despite the controversy.

20 Jun 2026 5:32 am
DOJ Biden recordings judge ruling: Big setback for Joe Biden as attempt to block classified documents rejected

Joe Biden's Democratic administration refused to turn over the recordings and transcripts from 2016 and 2017, leading congressional Republicans to hold his attorney general, Merrick Garland, in contempt.

20 Jun 2026 5:24 am
Not partying or friends night out: Samantha Ruth Prabhus sister-in-law reveals why actress stayed up late, one night- What makes me emotional

Samantha Ruth Prabhu's sister-in-law, Sheetal, shared a heartwarming account of the actress's selfless care during a late-night illness. Samantha stayed up until 3 AM, personally attending to Sheetal's needs, even improvising with towels for warmth. Despite a demanding schedule and a recent wedding, Samantha's unwavering kindness and concern shone through, leaving Sheetal deeply touched by the star's tender heart.

20 Jun 2026 2:23 am
These 300-million-year-old baby fossils just turned a major evolution theory upside down

Ancient fossilized babies of crocodile-like predators are rewriting evolutionary history. Previously, scientists believed early land animals hatched, underwent a tadpole phase, and then transformed, much like modern amphibians. However, new discoveries reveal these early tetrapods skipped the tadpole stage, suggesting their life cycles were more akin to fish or mammals, fundamentally altering our understanding of how life conquered land.

20 Jun 2026 1:31 am
El Nino Impact: Milk prices likely to go up, again

Poor rainfall typically leads farmers to reduce cattle numbers because of shortages of fodder and water, lowering milk output and pushing up prices.

20 Jun 2026 1:18 am
Life lesson of the day by Colin Powell: 'There are no secrets to success. It is the result of...' - the first African American US Secretary of State's inspiring quote on why there are no shortcuts to success and advice on preparation, hard work, learning from failure

Life lesson of the day by Colin Powell: Former US Secretary of State Colin Powell emphasized that success isn't about shortcuts but stems from diligent preparation, unwavering hard work, and the crucial ability to learn from failures. His philosophy highlights that setbacks are not endpoints but valuable lessons.

20 Jun 2026 1:17 am
Cuba unveils historic package of free-market reforms

In a landmark speech to the National Assembly, Prime Minister Manuel Marrero detailed 176 measures aimed at rolling back the state's role in the economy and attracting investment in everything from banking to tourism and agriculture. These huge changes come as the United States exerts strong pressure on Cuba aside from the oil blockade, with President Donald Trump musing openly about taking over the island just 90 miles (145 km) from Florida.

20 Jun 2026 1:17 am
Rs 19,700-crore carbon capture scheme gets nod

The carbon capture, utilisation and storage (CCUS) scheme is expected to attract investments of about 37,500 crore and create carbon-capture capacity of 7 million tonnes a year, they said. The next step is to get the approval of the Union Cabinet.

20 Jun 2026 1:15 am
Digital gold players ramp up audits, vault checks to boost transparency amid regulatory scrutiny

Digital gold providers are enhancing transparency with independent audits and vault checks, aiming to build trust as the sector serves 80 million customers. Industry bodies like DPMACI and IBJA are establishing standards for physical gold backing and regular inspections. Despite a recent import duty hike, digital gold transactions remain robust on UPI, indicating sustained investor interest in this accessible investment avenue.

20 Jun 2026 1:11 am
Plan in the works to let hospitals import med equipment directly

India's drug regulator is proposing to allow hospitals to directly import advanced medical equipment like MRI and CT scanners, bypassing current import licenses. This move aims to speed up access to cutting-edge technology. However, the domestic medical device industry expresses concern, citing safety risks and the specialized expertise of licensed importers in handling high-risk equipment and ensuring quality.

20 Jun 2026 1:03 am
Power Ministry to monitor hydropower output

The ministry, through the Grid Controller of India, will continue to assess rainfall projections, including the weather office's forecast next month, to evaluate any potential impact on power generation.

20 Jun 2026 1:02 am
IHG eyes deeper Adani partnership, more hotels at airports across India

IHG Hotels & Resorts is eyeing significant expansion in India, aiming to deepen its partnership with Adani Airport Holdings (AAHL) beyond the recently signed five-hotel deal. IHG plans to launch more hotels at airports and in urban commercial hubs, leveraging AAHL's extensive airport infrastructure. This strategic move aims to capitalize on India's infrastructure growth and meet rising demand across various market tiers.

20 Jun 2026 12:58 am
Iran deployed covert Iraq drone cells to target Gulf states: Report

Iran's Revolutionary Guard has reportedly formed secret cells in Iraq to launch drone strikes on Gulf nations hosting U.S. troops. These elite Iraqi Shi'ite fighters, operating independently of traditional militias, allegedly conducted at least seven attacks targeting Kuwait, Saudi Arabia, and the UAE. This strategic shift aims to bolster Iran's regional influence while evading detection amid mounting pressure on its proxy network.

20 Jun 2026 12:56 am
Scientists found 3,000-year-old honey in Egyptian tombs, and it was still edible

Ancient Egyptian honey, sealed in tombs for millennia, has sparked tales of enduring edibility. While direct evidence is scarce, the remarkable preservation of honey is attributed to its high sugar content, low water, and acidity, creating an inhospitable environment for microbes. Bees' enzymatic contributions, including hydrogen peroxide production, further enhance its antimicrobial properties. Though ancient honey's flavor and potency change, its survival highlights nature's ingenious preserva

20 Jun 2026 12:47 am
BSH enters mass market in India for first time globally, cuts Bosch prices to rival LG, Samsung

German appliance giant BSH Home Appliances is making a significant push into India's mass market for the first time globally. By partnering with local manufacturers and reducing prices, the company aims to capture a larger share of this crucial segment. This strategic shift, which includes introducing over 350 new models, signals BSH's strong commitment to the Indian market and its potential for future growth.

20 Jun 2026 12:42 am
Reliance targets 40 billion units of green power annually; battery gigafactory to commission first phase this year

Reliance Industries aims for 40 billion units of green electricity annually, powering its Kutch hub. The company is scaling its battery cell gigafactory to 120 GWh and expects new energy to boost financial performance from 2027. Operational solar PV manufacturing lines are already producing advanced HJT modules, marking a significant step towards a sovereign clean energy ecosystem with no imported fuel or foreign technology.

20 Jun 2026 12:39 am
Jio evaluating sovereign LEO satellite constellation, to partner global providers in interim

Reliance Jio is venturing into space communication, planning a sovereign Low-Earth Orbit (LEO) satellite constellation for India. The company is also building ground station infrastructure and partnering with global providers to accelerate service availability. This move positions Jio to compete with international players like Starlink and OneWeb, aiming to connect India from the skies.

20 Jun 2026 12:37 am
Indian buyers return cautiously to Dubai realty market after US-Iran deal, ticket sizes fall

Property consultants say enquiries remain below pre-war levels, preferred deal sizes have fallen to around AED 1. 5m from over AED 2m earlier

20 Jun 2026 12:34 am
PLI, duty incentives soon for Lithium, Nickel processing units in India

The proposed scheme, which is close to securing approvals, will offer production-linked incentives and waive import duties on capital goods needed to establish processing facilities, a senior government official told ET.

20 Jun 2026 12:26 am
India in talks with Russia's Rosneft to tap Siberian rare earth reserves

India is collaborating with Russian oil giant Rosneft to explore Siberia's rare earth deposits, aiming to secure vital mineral supplies. These elements are crucial for electric vehicle motors and advanced electronics, areas where India currently depends on imports. Following past export disruptions, this partnership, initiated during the India-Russia summit, seeks to develop processing technologies and potentially produce essential rare-earth magnets.

19 Jun 2026 11:54 pm
Life lesson of the day on success by John D. Rockefeller: The secret of success is to do the... What ambitious people often understand best ordinary effort, done exceptionally well, can create extraordinary success

Life lesson of the day on success by John D. Rockefeller reveals a timeless success formula: excellence in simple actions creates extraordinary results. Rockefellers success story proves that consistency, focus, and daily improvement build lasting achievement. True success comes from mastering small habits, learning from failures, and turning ordinary efforts into remarkable accomplishments.

19 Jun 2026 11:50 pm
French Proverb of the Day: Nothing is impossible for a Life lessons on persistence, overcoming challenges, resilience, success and why you should never give up

French Proverb of the Day highlights the meaning of Nothing is impossible for a willing heart. The saying reflects how determination, perseverance, and inner motivation can influence a person's ability to overcome challenges and pursue goals. It suggests that when people approach difficulties with commitment, courage, and a positive attitude, obstacles often become more manageable.

19 Jun 2026 11:46 pm
Chinese Proverb of the Day: 'Better to light one small candle than...'-A timeless lesson about hope and taking action

This Chinese proverb, 'Better to light one small candle than to curse the darkness,' offers a timeless lesson on hope and taking action. It emphasizes that even the smallest positive effort can create light and make a difference when facing difficult circumstances, rather than simply complaining about problems.

19 Jun 2026 11:41 pm
SC says 75-year-old lawyer 'prima facie entitled' to be on Bengal voter roll after SIR exclusion

The Supreme Court has indicated a 75-year-old lawyer, excluded from West Bengal's voter list, likely deserves inclusion. Hearing his plea, a vacation bench noted the delay in his appeal's decision. While not deciding the case's merits, the court urged the appellate tribunal to expedite the lawyer's inclusion, acknowledging the prima facie entitlement. The bench emphasized the need for prompt resolution of such electoral roll appeals.

19 Jun 2026 11:39 pm
Life's fightback lesson of the day: When Jaws director Steven Spielberg was rejected by a film school twice - 'When you have a dream, it doesn't come screaming at you'

Hollywood titan Steven Spielberg, whose films have grossed over $10 billion, faced early rejection from his dream film school due to mediocre grades. Despite this, a chance to direct a short film led to a groundbreaking seven-year contract with Universal Pictures. This paved the way for iconic hits like Jaws and Jurassic Park, cementing his status as a legendary filmmaker and a testament to unwavering perseverance.

19 Jun 2026 11:35 pm
SC dismisses plea for CBI probe into Tamil Nadu trust vote, calls allegations 'vague'

The Supreme Court has rejected a plea for a CBI investigation into alleged corruption surrounding the Tamil Nadu assembly trust vote. A bench led by the Chief Justice deemed the allegations unsubstantiated and lacking credible evidence. The petition claimed the ruling party lacked sufficient numbers to form a government independently, a claim dismissed by the court due to vague and casual assertions without reliable backing.

19 Jun 2026 11:33 pm
A childhood love affair with pizza and the return of the artisanal slice

A recent sale of a struggling pizza giant sparks hope for a return to artisanal, hand-made pizzas. The author reminisces about a childhood encounter with a small, personal pizzeria in New York, contrasting it with the rise of mass-produced options. While industrial pizzas still dominate globally, the article highlights a growing artisanal movement in India, fueled by food delivery services, with new pizzerias offering unique, regional styles.

19 Jun 2026 11:29 pm
India-bound ships begin Strait of Hormuz transit as US lifts Iran blockade; Chabahar, INSTC in focus

Three cargo ships are now transiting the Strait of Hormuz, signaling a significant shift after the US ended its blockade of Iranian ports and Tehran eased maritime restrictions. This development follows a peace deal, paving the way for India to resume economic ties, including energy trade and the crucial International North South Transport Corridor.

19 Jun 2026 11:29 pm
Unleash anime spirits: India must tap the fast-growing global animation market as part of its orange economy push

Anime's global appeal is skyrocketing, with international markets now driving over half of its revenue. This boom is fueled by streaming platforms and lucrative brand collaborations, transforming anime into a global IP powerhouse. While blockbuster movies and expanding international production signal immense growth, the industry grapples with underpaid workers and talent shortages, prompting exploration of AI solutions to ease production burdens.

19 Jun 2026 10:59 pm
India to hold vice-presidency of global financial crime watchdog FATF for first time

India is set to assume the vice-presidency of the Financial Action Task Force (FATF) for the first time, with Vivek Aggarwal appointed to the role from July 2026 to June 2027. This significant elevation reflects India's robust anti-money laundering framework and its contributions to global financial security. Aggarwal will support the FATF president in advancing the organization's mission to combat illicit financial activities worldwide.

19 Jun 2026 10:59 pm
French Proverb of the Day: 'Theres no sense in running, you just have to...'-A wise lesson about timing and patience

A timeless French proverb, 'Theres no sense in running, you just have to leave on time,' offers a profound lesson: preparation and timely action often trump sheer speed. Rushing creates stress, while thoughtful planning ensures a smoother journey. This wisdom, rooted in French culture's appreciation for balance and practical insight, highlights that success hinges not just on effort, but on understanding the opportune moment.

19 Jun 2026 10:55 pm
Nathu La, Lipulekh La checkposts designated as immigration posts for Kailash Mansarovar pilgrims

Nathu La in Sikkim and Lipulekh La in Uttarakhand have been designated as temporary immigration posts for the upcoming Kailash Mansarovar Yatra, commencing June 20. The first batch of 44 pilgrims, including support staff, has arrived in Sikkim and will proceed to Gyangze in China on June 20 via the Nathu La Pass. This move facilitates the arduous journey for devotees undertaking the pilgrimage.

19 Jun 2026 10:47 pm
Father's Day quote by Greek poet Euripides: To a father growing old, nothing is dearer than a... Why does this timeless wisdom still define true family love today?

Quote of the day: Euripides timeless Father's Day quote, To a father growing old, nothing is dearer than a..., reveals deep family love, emotional wisdom, and the priceless bond between fathers and daughters. This ancient Greek wisdom still inspires modern generations, reminding us that true success is measured by relationships, gratitude, and unforgettable moments.

19 Jun 2026 10:44 pm
Neeraj Chopra at Doha Diamond League: When and where to watch javelin stars season opener today

Olympic champion Neeraj Chopra makes his highly anticipated return to competition at the Doha Diamond League on Friday, June 19, 2026, after recovering from a back injury. The javelin star, who last competed in September, faces a formidable international field. Fans can catch the action live on the Wanda Diamond League YouTube channel, with the men's javelin event commencing at 11:14 PM IST. Chopra aims to find his rhythm quickly.

19 Jun 2026 10:42 pm
Lebanon says 47 killed in strikes, Israel reports deaths of 4 soldiers

Fighting flared anew in Lebanon on Friday, with authorities reporting 47 killed in Israeli airstrikes and Israel announcing the deaths of four of its soldiers. - 'Dangerous escalation' - Lebanon's health ministry said Israeli airstrikes and bombardments killed at least 47 people -- including seven women and two children -- and wounded 97 others in Lebanon on Friday.

19 Jun 2026 10:27 pm
Adani eyes Bengal ports, logistics opportunities as SMPK plans tourism push

Kolkata's Syama Prasad Mookerjee Port is set to get a river cruise terminal and museum, boosting tourism. The port aims to increase cargo handling significantly and is undertaking major infrastructure projects. Meanwhile, Adani Group is exploring substantial investments across West Bengal in various sectors, signaling a push for industrial growth and enhanced connectivity.

19 Jun 2026 10:26 pm
Happy Fathers Day 2026: Top wishes, messages, images, greetings and more to share

As we mature, our perception of fathers shifts from invincible figures to individuals who navigated life's challenges while prioritizing family. This Father's Day, the focus moves beyond gifts to genuine gratitude for their quiet sacrifices and unwavering support. The article offers heartfelt messages for all father figures, acknowledging the profound impact of their presence and love, encouraging a deeper appreciation for these guiding forces in our lives.

19 Jun 2026 10:23 pm
Lesson of the day from failure: When Ray Dalio went broke and had to borrow $4000 - 'You might think your life is ruined, but there is always a path forward, though you might not see it immediately.

Billionaire investor Ray Dalio faced a devastating financial ruin in 1982 after a failed prediction of an economic depression. This colossal miscalculation cost him dearly, leaving him broke and forced to downsize his company to just himself. However, this profound failure became a pivotal learning experience, teaching him humility and the importance of questioning his own assumptions, ultimately reshaping his approach to decision-making and revealing hidden opportunities in adversity.

19 Jun 2026 10:19 pm
Indias first export of fresh Uttarakhand Litchi to Italy marks entry into European market

Uttarakhand's famed Dehradun litchis have officially entered the European market with the first export consignment reaching Italy. This significant move, facilitated by APEDA, saw one metric tonne of the sweet, aromatic fruit dispatched on June 18, 2026. The initiative promises better returns for local farmers, who are now seeing prices around 25% higher than domestic rates, boosting the region's agricultural economy.

19 Jun 2026 10:11 pm
India, Uzbekistan aim to double bilateral trade in 3 years

India and Uzbekistan are set to significantly boost bilateral trade, aiming to double it within three years. Discussions at the recent Intergovernmental Commission focused on expanding exports of pharmaceuticals, medical devices, auto, and machinery. Both nations also explored cooperation in customs, payment infrastructure, agriculture, ICT, and energy, with a particular emphasis on securing critical minerals for India's digital economy.

19 Jun 2026 10:02 pm
These nearly invisible crystals could rewrite what we know about the early Solar System

Moon impact 3.5 billion years ago reveals hidden Solar System history through tiny mineral grains. The discovery shows asteroid bombardment continued long after the Late Heavy Bombardment period. Researchers found baddeleyite crystals inside lunar meteorite NWA 12593, dated nearly 3.486 billion years old. The evidence connects impacts on the Moon, Earth, and Vesta, offering new clues about early life conditions.

19 Jun 2026 10:01 pm