The Economic Times

Why did Trump extend ceasefire when Iran doesn't even want to talk? The United States decided to extend the ceasefire with Iran after a request from Pakistan while keeping a blockade on Iranian ports. Iran called the blockade an act of war and signaled uncertainty over talks. Hezbollah and Israel exchanged accusations of ceasefire violations. Oil prices reacted with volatility. Diplomatic talks may move to Islamabad if the blockade ends.

Brent crude oil prices crossed $100 as tensions between the United States and Iran increased. Peace talks are uncertain and the Strait of Hormuz is mostly blocked, affecting global oil supply. This situation is creating fear of shortage in energy markets. Rising conflict risks and supply disruption are the main reasons behind the sudden increase in crude oil prices globally.

The ancient Latin saying 'Aut inveniam viam aut faciam' means 'I will either find a way or make one'. This powerful motto, linked to the Carthaginian commander Hannibal Barca, inspires unwavering determination. It teaches that obstacles are not excuses to stop but reasons to act. This mindset applies to professional life, education, relationships, and everyday challenges.

Bitcoin price (BTC USD) and crypto stocks today: Crypto markets saw a dip on Tuesday. Investors reacted to Fed nominee Kevin Warsh's Senate testimony. Warsh stressed central bank independence and denied any pressure from Trump on interest rates. He also acknowledged digital assets as part of the financial system. Broader markets and crypto stocks also moved lower.

The movie Michael, directed by Antoine Fuqua, shows the life of Michael Jackson from his early music days. Critics have mixed to negative reactions, but many people liked Jaafar Jacksons acting. The film focuses on his journey, music, and personal side, giving a different view of the pop stars life story.

Asian Paints is embedding sustainability into core operations, linking it to long-term business survival. The firm, honoured at the Economic Times Awards for Corporate Excellence 2025, highlighted progress in water conservation, renewable energy adoption and large-scale skill training, alongside plans to further cut emissions and resource use.

Rahul Munjal of Hero Future Energies said India must shift its renewable energy narrative from climate goals to energy security amid oil supply disruptions. He stressed scaling from gigawatts to terawatts, highlighting green hydrogen, solar, and wind as key to reducing crude oil dependence.

Indias pharmaceutical industry faces a potential raw material crunch after the government restricted surplus ammonia supply to fertiliser use. Drugmakers warn the move could disrupt API production, cause medicine shortages and impact exports, as ammonia is a critical input and alternative sourcing options remain limited.

India is building a lithium-ion cell manufacturing ecosystem. EV makers should anticipate a price premium on locally produced cells in the near future. Companies like Amara Raja and Tata Group's Agratas are investing heavily. Bulk production is expected to commence around 2027. This development aims to support the growing electric vehicle and energy storage sectors.

The Good Rice Alliance is an entity equally held by three global companies: German pharmaceutical and agrochemical maker Bayer, GenZero of Singapore investment firm Temasek and Shell Nature-Based Solutions of energy major Shell.

Indias life insurance industry recorded a 16% rise in new business premiums to 4.59 lakh crore in FY26, driven by GST exemption benefits, stronger demand for regular premium policies, and a strategic shift towards higher-margin protection and long-term savings products.

SBI has moved the Supreme Court seeking review of its February 13 ruling that barred telecom spectrum from being treated as an asset under insolvency proceedings. Acting for Aircel lenders, the bank warned of major risks to banking and infrastructure finance. The verdict has stalled Aircel and Reliance Communications resolution cases.

Indias seafood exports to the US fell 19.8% in volume and 14.5% in value in FY26, hit by reciprocal tariffs, the commerce ministry said. However, overall exports hit a record $8.28 billion. Growth in China, the EU and Southeast Asia helped offset the US decline.

Tamil Nadu Assembly Elections 2026: Ahead of polls in Coimbatore and nearby districts, widespread allegations of cash for votes have surfaced, with voters reportedly receiving 1,0005,000 or coupons. Despite police checks, parties are accused of covert distribution, highlighting electoral malpractice concerns and intense competition among DMK and AIADMK.

The FIVB has tasked an existing steering committee comprising Indian Olympic Association (IOA) Executive Council member Rohit Rajpal, CEO Raghuram lyer, FIVB General Sports Director Steve Tutton, FIVB Head of Legal Affairs and General Counsel Stephen Bock and Hitesh Malhotra, to safeguard the sport in the country and look after athlete welfare

Zo Kravitz and Harry Styles are in the news after engagement rumours started. Fans noticed a ring on her finger, but there is no official confirmation yet. The couple has been dating since 2025 and are often seen together in different cities. Sources say they are serious but also busy with work, making time for each other when possible.

Suzlon Energy is re-entering the European market with its new Blue Sky turbine platform, featuring 5 MW and 6.3 MW models to cater to diverse wind conditions. The company aims to capitalize on the region's 17-20 GW repowering opportunities by offering cost-effective retrofit solutions. This move is part of Suzlon's broader strategy to become an integrated renewable energy solutions provider.

The Income-Tax Department is probing Trinamool Congress MLA Debasish Kumar over alleged asset discrepancies after searches uncovered jewellery, bullion worth 1.75 crore, and cash. A report has been submitted to the Election Commission ahead of his re-nomination from Kolkatas Rashbehari seat.

Sony Pictures Networks India has secured India media rights for the 2026 Asian Games in Japan for about $3.54 million. The event will air on Sony Sports Network and Sony LIV. With 41 sports, including cricket, the games are expected to draw strong Indian viewership.

Quote of the day by Clint Eastwood: The Hollywood icon shares a powerful quote on violence. He emphasizes its painful nature and lasting consequences for everyone involved. Eastwood's reflections stem from a life in the public eye. His career spans acting and directing, with acclaimed films.

India and Taiwan have requested the WTO's dispute settlement body to postpone a ruling on India's import duties on ICT products until October 27. Both nations are actively engaged in mutual discussions to resolve the dispute. This marks the ninth such delay, as previous requests were also granted.

Defence Minister Rajnath Singh warned that disruptions in the Strait of Hormuz directly threaten Indias energy security and economic stability, calling West Asia instability a global concern. In Germany, he urged stronger IndiaGermany defence ties, expanded industrial cooperation, and coordinated responses to emerging security challenges including cyber, AI and drone warfare.

Local BJP workers claimed that their motorbike rallies passed Mohanpur area, when they were attacked by Trinamool-backed miscreants. However, a local Trinamool leader claimed that BJP workers entered a minority-dominated area and asked them to chant 'Jai Sri Ram' which led to trouble.

Major global and Indian gaming companies are competing for the International Cricket Council's official gaming rights. This competition highlights the growing commercial value of cricket video games. Several prominent companies have expressed interest in the tender process. The ICC is adopting a more structured approach to its gaming rights.

A three-day shutdown by Naga civil bodies intensified disruption in Manipurs hill districts, adding to paralysis in the valley. Protests and blockades forced the Chief Minister to take a helicopter route, while police used controlled firing to disperse a violent mob, leaving one person injured.

Telcos such as Bharti Airtel, Reliance Jio and Vodafone Idea as well as the Cellular Operators Association of India were united in their demand of a level playing field, stating that communication apps such as WhatsApp and Telegram must be brought under the same regulatory scrutiny as SMS and voice calls.

Vikram Sao, a jhalmuri seller in Jhargram saw a surge in fame and sales after Prime Minister Narendra Modi visited his shop, drawing crowds, selfies, and social media buzz. While the vendor avoids political talk, the visit has intensified local political activity, with Trinamool Congress staging a show of strength ahead of Phase-I polling in the constituency.

India's obesity treatment market is set for a major shift by year-end. A wave of oral GLP1 weight-loss pills, including those from China, will soon be available. These pills offer a cheaper and easier alternative to injections. Experts anticipate greater patient adoption due to convenience and affordability.

Chavez-DeRemer is the third Trump Cabinet member to leave her post after Trump fired his embattled Homeland Security Secretary Kristi Noem in March and ousted Attorney General Pam Bondi earlier this month. In a statement posted on social media, Chavez-DeRemer praised Trump and wrote, I am proud that we made significant progress in advancing President Trumps mission to bridge the gap between business and labor and always put the American worker first.

Tiruppur's textile businesses are expressing strong dissatisfaction with the DMK government, citing increased electricity prices, property taxes, and inadequate waste management. This sentiment is leading to a likely vote for the AIADMK-led NDA, with many crediting the central government for navigating global challenges and offering beneficial schemes. Industry leaders anticipate better support under an NDA administration.

Micro and small enterprises facing global challenges will now receive government support. Interest subvention benefits have been extended to these firms exporting 167 specific iron and steel product categories. This initiative aims to boost their access to credit. The government previously announced a significant export support package. Medium sector units are not eligible for this particular measure.

Actor Vijay's new political party, TVK, is shaking up Tamil Nadu's election landscape, challenging the traditional DMK-AIADMK dominance. With a massive fan following, particularly among young women, TVK is fielding candidates in nearly all constituencies, aiming to influence outcomes in closely contested seats.

Union Home Minister Amit Shah pledged to secure West Bengal's borders and stop infiltrators within 45 days. He issued a strong warning to those involved in post-poll violence. Shah also promised a permanent solution for the Gorkha issue, aiming for peace and prosperity for the community. He stated that the BJP government will address these concerns after the elections.

In March, household LPG sales experienced a notable 8 percent decline, largely attributed to state oil companies adjusting their supplies amid diminished imports due to the ongoing Iran conflict. Meanwhile, commercial LPG usage plummeted dramatically by 48 percent, and bulk LPG distribution to industries faced an alarming drop of 75.5 percent.

Mango processors in Andhra Pradesh face export challenges. A significant quantity of mango pulp is stuck due to shipping lane disruptions. Processors are requesting government support. They seek equity capital and credit guarantees. Moratoriums on loan payments are also requested. Inclusion in export facilitation schemes is a priority.

Nandigram, a site of political change, sees Suvendu Adhikari contesting against Pabitra Kar. An undercurrent of anti-incumbency and a call for change are palpable. Adhikari, a former aide, faces Kar, who recently switched parties. Local sentiment suggests a tough fight, with some expressing dissatisfaction with candidate choices. Development and education are key concerns for voters.

Purulia, Bankura, and Jhargram, the gateway to West Bengal's Junglemahal, are witnessing a fierce political battle. While Trinamool banks on welfare schemes and development claims, BJP challenges with promises of industrial growth and job creation, targeting voter dissatisfaction with the current rule.

India is pushing alternatives to chemical fertilisers after a 24.6% drop in output and supply disruptions linked to the Strait of Hormuz crisis. The government plans targeted action in high-use districts and aims to cut usage 25% by 2030, ahead of the crucial kharif season and food production cycle.

India reviewed safety of its vessels after Iranian Navy fired warning shots in the Strait of Hormuz. Officials said no targeted attack occurred and existing advisories remain unchanged. India is coordinating with Iran to ensure safe passage, as tensions and US actions in the region disrupt shipping and energy flows.

Social Security benefits are rising in 2025 for widows and divorced spouses after new rule changes. Many people linked to government jobs may now get higher monthly payments. Old rules that reduced benefits have been removed. This means more money for millions of Americans. The exact increase depends on age, pension, and benefit type, so payments will be different for each person.

The land is located within BSNL's Dinrose telephone exchange compound on Thayar Sahib Street in Anna Salai. ED currently operates two zonal offices in Chennai.

African proverb of the day highlights a lesson about caution, success, human nature, and awareness. The Ghanaian saying Even the lion protects himself against flies explains why small problems must not be ignored. It teaches that vigilance, proactive management, and humility are necessary for long-term growth. The proverb explains how small threats can cause large damage when ignored, and why attention to small details helps protect reputation, health, and progress.

Iran warned that blockading its ports would be an act of war, escalating tensions with the United States as their fragile ceasefire nears expiry. Foreign Minister Seyed Abbas Araghchis remarks come amid stalled talks, mediation efforts by Pakistan, and US President Donald Trump signalling possible military action if no agreement is reached.

Fyodor Dostoevsky, a pivotal 19th-century Russian thinker, explored human psychology, sin, and faith through his profound novels. His writings, particularly his insights on control through unawareness and the comfort of familiarity, continue to resonate. Dostoevsky's own life, marked by hardship and a near-death experience, deeply influenced his exploration of suffering and redemption.

The MoU creates a structured framework for collaboration between the two countries, enabling continuous dialogue on key MSME issues and encouraging exploration of mutually beneficial opportunities, the ministry said in a statement.

The name Mohammad Marandi has surged across global search trends, especially during geopolitical crises involving Iran. Data from international media monitoring shows that English-speaking Iranian commentators appear in over 60% of prime-time geopolitical debates involving Iran, and Mohammad Marandi stands among the most visible voices. So who is Mohammad Marandi, and why is he repeatedly described as Irans English-language mouthpiece? The answer lies in his unique position at the intersection o

African proverb of the day: An African proverb, 'The story of the hunt only favors the hunter, until the lion tells the truth!', highlights how narratives are shaped by the storyteller. It emphasizes that truth is incomplete when only one perspective is heard, urging listeners to consider all sides for a fuller understanding.