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The Economic Times

Economy / The Economic Times

Quote of the Day by Abraham Maslow: 'To the man who only has a hammer...' -Inspiring quotes by prominent American psychologist best known for his hierarchy of needs

Abraham Maslow's quote highlights how people use familiar ideas for all problems. This tendency, where one tool shapes perception, is still relevant today. It warns against narrow thinking and encourages adaptability. Maslow's work focused on human potential and growth. His simple metaphor remains powerful, reminding us to broaden our understanding of the world.

19 May 2026 6:56 am
Five dead, including two suspects, after shooting at San Diego mosque

Two teenage gunmen opened fire at the Islamic Center of San Diego in California on Monday, killing three men outside the mosque, including a security guard, before the suspects were later found dead from apparent self-inflicted gunshot wounds, police said.

19 May 2026 6:45 am
US DoJ drops charges against Adanis, others

US authorities have dropped criminal charges against Gautam Adani and Adani Group executives. This follows a 19-month investigation. The conglomerate also settled civil sanctions charges with the US Treasury Department for $275 million. These developments open new avenues for Adani Group businesses to raise funds and invest in the US. The group faced significant challenges during the investigation period.

19 May 2026 5:30 am
N Chandrasekaran to address Noel Tata's concerns at Tata Sons board meeting

Tata Sons chairman N Chandrasekaran will address business concerns, including Air India losses and new ventures, at an upcoming board meeting. This comes as Tata Trusts chairman Noel Tata raised questions, deferring a decision on Chandrasekaran's reappointment for a third term. The meeting is crucial for formal approval amidst ongoing discussions about Tata Sons' unlisted status.

19 May 2026 5:30 am
Jewish Proverb of the Day: 'Those who live near a waterfall, do not...'-The silence of familiarity- a Jewish Proverb that warns us not to ignore lifes greatest blessings

Jewish Proverb of the Day: A Jewish proverb illustrates how familiarity can lead to overlooking life's greatest blessings, comparing it to those living near a waterfall who eventually cease to hear its roar. This wisdom highlights the human tendency to take for granted relationships, opportunities, and everyday wonders, urging readers to cultivate awareness and gratitude before these invaluable gifts fade from notice.

19 May 2026 5:29 am
India says 'Hum Do, Humari Ek EV' as more households opt for at least 1 electric vehicle for short trips

Expensive petrol is now encouraging Indian households to buy electric vehicles. Electric two-wheelers are seeing increased demand as fuel prices rise. Many families are opting for an electric scooter as a second vehicle for daily commutes and errands. The low running cost of EVs makes them an attractive option. This trend is also boosting interest in EV charging franchises.

19 May 2026 5:00 am
Nancy Guthrie case takes another twist: Why has the sheriff stopped speaking directly to Nancy Guthries family? here's what you need to know

Pima County Sheriff Chris Nanos stated he is no longer in direct contact with Nancy Guthrie's family regarding her disappearance, with the FBI now handling communications. Nanos expressed confidence the case, over 100 days old, is nearing a breakthrough, potentially through digital evidence and DNA analysis.

19 May 2026 4:40 am
Quote of the Day by Viktor Frankl: 'Everything can be taken from a man but one thing...'-Man's Search for Meaning author's powerful quote about human freedom in a world filled with uncertainty

Viktor Frankl's words offer enduring hope. He survived Nazi concentration camps, losing his family. Even in extreme hardship, he found that people could choose their inner response. This profound insight, born from immense pain, highlights that true freedom lies in our attitude, not external circumstances. His message continues to resonate globally.

19 May 2026 3:32 am
Quote of the Day by Albert Einstein: 'If you can't explain it to a six year old...'- World's Greatest scientist's timeless quote about knowledge still explains why simplicity matters most

Albert Einstein's enduring quote, If you can't explain it to a six year old, you don't understand it yourself, highlights that true intelligence lies in simplifying complex ideas. This philosophy underscores the importance of clarity and intellectual honesty, challenging the tendency to use jargon to appear knowledgeable.

19 May 2026 2:42 am
Quote of the day by Seneca 'You cannot ask fate for the life you want while neglecting the man who must deserve it...' - A lesson on why success in life must be earned with discipline by the Stoic philosopher

The reflection on Seneca the Youngers Stoic philosophy emphasizes that a better life depends on personal discipline and inner growth rather than external fate. The quote of the day highlights the idea that people cannot expect positive outcomes without becoming the kind of person capable of achieving them. It points to the Stoic belief that while external events are beyond control, daily actions, habits, and character are fully within it.

19 May 2026 2:25 am
GSK's Calpol a well-known trademark: High Court

The Delhi High Court has recognized GlaxoSmithKline Pharmaceuticals' pain and fever medicine, Calpol, as a well-known trademark. This designation acknowledges Calpol's extensive recognition in India since 1991. The court found that consumers associate the brand exclusively with GSK due to its long and continuous use.

19 May 2026 2:02 am
Rising input costs, export slump take a toll on drug companies' health

India's drug makers are facing a double blow. A weaker rupee makes imported raw materials more expensive. Global economic worries are also slowing down demand for Indian medicines abroad. This is squeezing profits for manufacturers. Companies are trying to focus on more profitable products. The situation presents a tough operating environment for the industry.

19 May 2026 1:57 am
'Worst behind us, Vodafone Idea starting FY27 with a clear plan', says executive

Vodafone Idea is gearing up for a transformative leap in capital investments, set to kick off in the first quarter of FY27. With a bold vision for a 45,000 crore network expansion over the next three years, Vi is strategically positioning itself in the market.

19 May 2026 1:45 am
Why is Iran using Bitcoin (BTC) for the 'Hormuz Safe' shipping insurance system in the Strait of Hormuz amid US-Iran tensions?

Bitcoin (BTC USD) shipping insurance Iran explained: Iran is reportedly launching a bitcoin-backed maritime insurance service, Hormuz Safe, for vessels transiting the Strait of Hormuz. This initiative, amid heightened US-Iran tensions and restricted shipping, aims to provide cryptographically verifiable policies settled in Bitcoin, potentially generating significant revenue.

19 May 2026 1:44 am
African proverb of the day: 'You can win a woman with lies but you cannot...' Life lessons on deception, relationships, human behavior, and timeless warning about why false promises and flattery will not guarantee long-term commitment

African proverb of the day highlights how deception may create early attraction but cannot sustain real relationships. The proverb from the Comoros explains the gap between promises and real effort. It explores lessons about trust, commitment, survival, and honesty. The story explains meaning, relevance, and teachings. It also connects the proverb with modern relationships and shares other inspiring sayings that continue to guide people in daily life.

19 May 2026 1:39 am
'Arre yaar mai apne bare mai...': Salman Khan clarifies after his alone vs lonely social media post goes viral

Salman Khan clarified his recent social media post about loneliness, assuring fans he is not alone due to his family, friends, and supporters. The actor explained he sometimes prefers personal time, a sentiment that even concerned his mother. His clarification followed widespread speculation after a cryptic shirtless photo.

19 May 2026 1:37 am
Did Elon Musk lose his landmark OpenAI lawsuit? Jury delivers swift verdict-here's what you need to know

A California jury has rejected Elon Musk's lawsuit against Sam Altman and OpenAI. Musk claimed OpenAI abandoned its nonprofit mission for profit. The jury dismissed his claims as untimely. This ruling is a significant victory for OpenAI amidst its rapid growth in the AI race. Musk's legal team reserves the right to appeal the decision.

19 May 2026 1:36 am
Manipur National Highway closed over 'missing persons'

Truckers face hardship on NH-2 in Manipur as Kukis and Nagas impose a bandh and economic blockade. The protest stems from missing persons following a May 13 ambush. Both communities accuse each other of holding members captive. The United Naga Council announced an indefinite blockade, while Kuki Inpi Manipur extended its shutdown. Relief efforts are underway for stranded drivers.

19 May 2026 1:34 am
Ghaziabad Espionage case: NIA files report against five juveniles

The National Investigation Agency has filed a report on five juveniles involved in a Pakistan-linked terror plot. The plot aimed to spy on sensitive Indian locations, including railway stations. Juveniles trespassed into prohibited areas to capture photos and videos. This information was intended for suspected terrorists in Pakistan. The agency has arrested 21 accused in total for endangering India's security.

19 May 2026 1:29 am
State Banks & insurers told to cut global travel, switch to EVs in austerity push

Government financial institutions are implementing austerity measures. State-run banks and insurance companies must cut foreign travel for executives. Meetings will increasingly use videoconferencing. There is a push to replace petrol and diesel vehicles with electric cars. These steps align with Prime Minister Modi's call for reduced fuel consumption and address global supply challenges.

19 May 2026 1:29 am
CBI makes 10th arrest in NEET-UG 2026 paper leak: 'Another key accused' from Maha's Latur

Central Bureau of Investigation apprehended Professor Shivaraj Motegaonkar, owner of RCC Coaching Institute, in the NEET-UG 2026 paper leak investigation. He is alleged to be close to the kingpin. Searches recovered a question bank matching the exam paper. The agency is actively pursuing leads to identify and arrest more individuals involved in this syndicate.

19 May 2026 1:25 am
RBI likely to pay a big dividend to Centre

Economists estimate the surplus transfer-often referred to as the central bank's dividend to the government-in the range of Rs 2.7 lakh crore to Rs 3 lakh crore. In the FY27 Union Budget, the government has estimated Rs 3.16 lakh crore in dividends from state-owned companies and surplus transfers from the central bank. Last year, the RBI transferred Rs 2.68 lakh crore, 27% higher than the previous year.

19 May 2026 1:20 am
Chinese Proverb of the Day: When sleeping women wake Life lessons on empowerment, confidence, perception, transformation and why action speaks louder than words

Chinese Proverb of the Day highlights the meaning of When sleeping women wake, mountains move. The saying reflects the strength, influence, and transformative power that emerge when women recognize their potential and raise their voices. It suggests that awareness, confidence, and unity can lead to extraordinary personal and social change, even against obstacles that once seemed impossible to overcome.

19 May 2026 1:01 am
NITI backs 5% GST slab for R&D procurement

Niti Aayog suggests bringing back a 5% GST rate for research and development purchases. This move aims to boost usable funds for research institutions. The proposal also includes increasing India's R&D spending to at least 2% of GDP within five years. These steps are intended to strengthen the nation's research and development capabilities.

19 May 2026 1:01 am
Psychology says women who constantly try to impress everyone at work and home arent attention seeking, they may be carrying the weight of perfection pressure to be The Perfect Woman

The psychology behind women constantly trying to impress others suggests that the behavior is often shaped by social conditioning, pressure to appear perfect and emotional survival instincts rather than insecurity alone. In many cases, women are responding to environments that taught them their worth depends on how successfully they meet the expectations of others.

19 May 2026 12:55 am
AbbVie loses patent plea for Hep C drug

The Indian Patent Office has denied a secondary patent for AbbVie's Hepatitis C drug Maviret. This decision ensures continued access to affordable treatment for millions. The patent office refused the application after AbbVie failed to contest oppositions and chose to abandon it. This refusal prevents AbbVie from extending its patent monopoly by five years.

19 May 2026 12:53 am
India to speed up sending skilled workers to Israel

India's External Affairs Ministry is urging the Skill Development Ministry to speed up the process of sending skilled workers to Israel. This move aims to shorten deployment times and enhance worker quality. India and Israel have an agreement to send 50,000 Indian workers over five years.

19 May 2026 12:49 am
Donald Trump's IRS lawsuit dismissed with a $1.76 billion fund settlement: Here's the full breakdown of the tax leak case

Trump IRS tax leak settlement: The US administration has established a $1.76 billion fund to address claims of government weaponization following a lawsuit by Donald Trump and his family. This settlement resolves Trump's suit against the IRS over leaked tax returns, though he will not receive direct payment but an apology.

19 May 2026 12:45 am
Putin to attend BRICS Summit on Sept 12-13 in Delhi

Russian President Vladimir Putin will attend the BRICS summit in New Delhi on September 12-13. He is expected to meet Prime Minister Narendra Modi during his visit. This marks Putin's second trip to India in under a year. Meanwhile, Prime Minister Modi has confirmed his visit to Moscow later this year. The meetings underscore strong bilateral ties.

19 May 2026 12:44 am
Hantavirus-hit liner reaches Rotterdam, crew being quarantined and ship disinfected

The MV Hondius arrived at Landtong, a narrow peninsula about 10 km long that is part of Rotterdam port and far from any urban centre. Several white trailers were set up in an area near where disembarkation was taking place. Both areas were fenced off.

19 May 2026 12:43 am
Military action alone can't bring peace: PM Modi in Norway

Prime Minister Narendra Modi advocated for peace in West Asia and Ukraine through dialogue. He stressed that military action alone does not bring lasting peace. India and Norway share a belief in a rules-based order and diplomacy. Both nations agreed on reforming global institutions and eradicating terrorism. Ties between India and Norway were elevated to a Green Strategic Partnership.

19 May 2026 12:38 am
Europe learnings to put Tata Steel ahead in India

Tata Steel anticipates its UK operations will achieve break-even this fiscal year. This positive outlook stems from recovering steel prices and implemented cost-saving measures. In India, the company plans significant production capacity expansion solely through brownfield development. This strategic move aims to align with market growth and maintain market share.

19 May 2026 12:35 am
Free trade pact by year-end: EU Chief

The India-EU Free Trade Agreement will be signed by the end of 2026. It will be made operational quickly. This deal will cut tariffs on over 90 percent of goods. European companies will gain access to India's economy. A bilateral investment agreement is also being fast-tracked. This partnership aims to build resilient supply chains.

19 May 2026 12:35 am
Japanese Proverb of the Day: All married women are not wives Life lessons on relationships, social roles, status, commitment and why you don't judge a book by its cover

Japanese Proverb of the Day highlights the meaning of All married women are not wives. The saying reflects how roles, identity, and relationships are often shaped not just by titles or social status, but by emotional presence and personal responsibility. It suggests that being married does not automatically define the deeper meaning of being a wife, which also involves care, commitment, understanding, and active participation in a relationship.

19 May 2026 12:35 am
70 security camps in Bastar to serve as service centres: Amit Shah

Security camps in Bastar, Chhattisgarh will transform into service centres. These centres will offer banking, Aadhaar, and ration card services. Funds from government schemes will be disbursed here. The initiative aims to bring urban facilities to tribal communities. This development promises a brighter future for the region's children.

19 May 2026 12:30 am
Tom Kane cause of death: Beloved voice actor behind Yoda and Powerpuff Girls Professor dies at 64- here's what happened to him

Legendary voice actor Tom Kane, known for his iconic roles as Yoda in Star Wars: The Clone Wars and Professor Utonium in The Powerpuff Girls, has died at 64. His death on May 18 followed complications from a major stroke suffered in 2020, which had impacted his speech and mobility.

19 May 2026 12:30 am
Inox Clean Energy powers into top three with Rs 25k-cr buys, says company official

We have made nine acquisitions in the past nine months. These investments are worth Rs 25,000 crore, said Devansh Jain, executive director of INOXGFL, an umbrella entity that houses varied businesses across industrial chemicals, renewable energy generation, solar and wind equipment manufacturing and operations and maintenance of wind farms.

19 May 2026 12:29 am
India, US companies hold talks on nuclear energy cooperation

India and US nuclear industry leaders met to boost collaboration. Discussions focused on reducing costs and construction times for nuclear power projects. India aims for 100 GW nuclear capacity by 2047. The US delegation represents advanced reactor technologies and fuel cycle innovation. New opportunities for partnerships in project development and manufacturing are being explored.

19 May 2026 12:25 am
Rajnath Singh begins Vietnam, South Korea visit; focus on defence industrial ties

Defence minister Rajnath Singh is on a four-day visit to Vietnam and South Korea. The trip aims to strengthen defence ties and maritime cooperation. Discussions will focus on peace and stability in the Indo-Pacific region. This visit marks a significant step in enhancing strategic military cooperation between India and these nations.

19 May 2026 12:25 am
MoF approves scheme for floating solar battery storage

India is set to boost renewable energy with a new 5,500 crore floating solar battery storage scheme. The finance ministry's expenditure finance committee has approved the plan. This initiative aims to encourage states to install floating solar panels. It will help reduce reliance on fossil fuel imports. The scheme will be sent to the cabinet for final approval soon.

19 May 2026 12:22 am
Madhya Pradesh bans sale of non-subsidised fertilisers by urea makers

Madhya Pradesh and Uttar Pradesh are among the country's largest agricultural producers. Madhya Pradesh is the second-largest producer of foodgrains and the top producer of pulses and oilseeds, while Uttar Pradesh accounts for around 20% of India's agricultural output.

19 May 2026 12:20 am
Go for making products usually imported: Piyush Goyal

Indian manufacturers are being urged to identify goods that can be produced locally, aiming to reduce reliance on imports. Minister Piyush Goyal highlighted the need to study import trends and find opportunities for domestic production. This initiative seeks to bolster the Indian industry and preserve foreign exchange.

19 May 2026 12:18 am
Hindustan Copper to raise output by 30% as global demand zooms

Hindustan Copper aims for a significant production jump this fiscal year. This increase is driven by anticipated strong demand from AI data centers, electric vehicles, and power grid upgrades. Global copper markets are expected to remain tight with elevated prices. The company's output is projected to reach its best-ever levels.

19 May 2026 12:15 am
Over $150,000 income, safety from layoffs: This one profession could be one of the safest jobs as AI anxiety rises

As layoffs continue across major tech companies investing heavily in AI, one profession is seeing the exact opposite trend. Elevator mechanics are in growing demand, with companies like Otis struggling to hire enough workers. According to CEO Judy Marks, the job requires years of training, physical skill and hands-on work that robots still cannot easily replace.

19 May 2026 12:01 am
Quote of the Day by Marcus Aurelius: 'Dwell on the beauty of life. Watch the...'-Rome's philosopher-kings timeless words about life, purpose and finding peace in chaos

Quote of the Day by Marcus Aurelius: Roman Emperor Marcus Aurelius faced immense pressure. His enduring quote encourages appreciating life's beauty and the vast universe. This perspective helps manage stress and find inner peace. It reminds us that peace comes from within, not external control. His writings offer timeless wisdom for modern struggles.

18 May 2026 11:59 pm
Inside John Cenas fitness mindset: 5 health habits he follows for a long healthy life

John Cena, now 49 and retired from full-time WWE wrestling, has shifted his focus from peak performance to long-term health and longevity. In recent interviews, he shared how years of intense training and injuries changed his approach to fitness, leading him to prioritize mobility, recovery, and smarter strength training. Cena now balances resistance workouts with flexibility work, listens closely to his body, and treats rest as an essential part of his routine.

18 May 2026 11:58 pm