The Economic Times

Quote of the Day by Takeo Doi suggests language profoundly influences our understanding of the world. The Japanese psychoanalyst highlighted how words and cultural ideas shape our thoughts, values, and relationships. This concept explains why interpretations of events differ. Doi's work emphasizes that language builds our consciousness, impacting how we analyze nature and reason.

Edelweiss Asset Reconstruction Company is thrilled to announce Arun Mehta's appointment as CEO, following an extensive search process by Korn Ferry. Mehta, who previously led SBI Capital Markets, will serve a three-year term, having secured regulatory approval.

Rescuers in the southern Philippines pulled a body from the rubble of a collapsed supermarket on Wednesday, as the death toll from a major earthquake climbed to 46. The national disaster agency raised the death toll to 45 on Wednesday, while the number of people missing jumped dramatically from four to 17.

A Nepali security guard in Abu Dhabi has won a Dh30 million lottery jackpot. Tayab Khan and four friends pooled money for the winning ticket. Each friend receives Dh6 million. Khan dreams of buying a Mahindra Thar and a new house for his family. The win offers collective relief and a chance for new ventures.

Maharashtra's government has boosted the powers of district collectors and divisional commissioners. This move aims to speed up approvals for government land deals. It will help accelerate investment and redevelopment projects across the state. This reform is expected to simplify processes and boost development. It will benefit housing, industrial, and infrastructure projects significantly.

Foodies seeking flavourful meals can try a new recipe for cheesy mozzarella eggs. Digital creator Rachana Kumar shared the dish on Instagram. It is perfect for breakfast, brunch, or a light dinner. The one-pan meal features half-boiled eggs baked in a creamy, spicy, and savoury sauce with melted mozzarella cheese. It is a comforting and satisfying dish.

True allies challenge flawed ideas, prioritizing your long-term well-being over immediate comfort. Today's Russian proverb of the day highlights that while enemies agree, friends argue, demonstrating a deeper investment in your success. This ancient wisdom is crucial today, urging us to value honest dissent over empty flattery to avoid costly mistakes and foster genuine growth.

Delhi Weather Update Today: Delhi and NCR experienced a dramatic weather shift as a 120 kmph dust storm turned skies brown, followed by intense overnight rainfall. This severe weather disrupted normal life, causing over 400 flight delays and prompting IMD alerts. The forecast indicates continued unsettled weather with thunderstorms and lightning.

Veteran filmmaker and actor Bharathiraja, a pivotal figure in Tamil cinema, has passed away at 84 in Chennai. Revered for bringing rural life and raw emotions to the screen, his directorial debut in 1977 marked a turning point. Bharathiraja's legacy includes nearly 40 films and a profound influence on storytelling and actors. Read on!

Iran's Revolutionary Guards launched drone attacks on the U.S. Fifth Fleet in Bahrain. This action followed U.S. strikes on southern Iran. The Guards warned of further retaliation if U.S. aggression continues. The U.S. strikes reportedly damaged a telecommunications tower and water tanks in Sirik. Clashes are ongoing.

The Madras High Court has reportedly rejected actor Ravi Mohan's request for more time in his divorce case. His estranged wife, Aarti Ravi, had sought interim maintenance. The court's decision means the Family Welfare Court will proceed with Aarti Ravi's plea within the original two-week deadline. This ruling is part of the ongoing divorce proceedings between the couple. Read on.

Ekadashi kab hai?: Parama Ekadashi, observed on June 11, 2026, holds deep significance in Sanatan Dharma, encouraging devotion to Lord Vishnu. The story of Sumedha and his wife highlights how faith and righteous living, exemplified by observing this vrat, can overcome hardship and lead to prosperity and spiritual progress. In June, Parama Ekadashi is going to be observed on June 11, 2026.

Riots erupted in Belfast after a man was charged with attempted murder following a knife attack. Protesters set vehicles ablaze, including a bus. Police deployed armoured vehicles to control the situation. The incident follows recent protests and heightened tensions surrounding immigration policies in Britain. The suspect is due in court.

NASA has announced the crew for its upcoming Artemis III mission. This mission will feature a docking demonstration with three spacecraft in Earth's orbit. The crew includes U.S. astronauts Andre Douglas, Frank Rubio, and Randy Bresnik, along with Italian astronaut Luca Parmitano. This mission is planned for next year and will test moon landers from SpaceX and Blue Origin.

Quote of the Day by Khalil Gibran highlights the value of action over intention. The quote, The smallest act of kindness is worth more than the greatest intention, explains that helping others through simple actions has greater impact than merely thinking about doing good. The message remains relevant in daily life, relationships, communities, and personal growth. It also reflects Khalil Gibrans views on human nature, inner peace, happiness, compassion, and meaningful living.

South OTT releases have an exciting lineup this week, with several new movies and shows arriving on June 12. From the Malayalam mystery thriller Dridam and the Tamil anthology series Sshhh Season 3 to the dubbed crime thriller Raakh, fantasy action drama Karuppu, and Telugu romantic drama Ramani Kalyanam, viewers can choose from a wide range of genres and stories. Read on!

Proverb of the day explores the Czech saying, If a woman doesn't know what she has to answer then the sea is dry. The proverb highlights intuition, communication, resourcefulness, and human nature. It suggests that finding the right response is almost always possible. The saying also teaches resilience, quick thinking, emotional intelligence, and confidence while showing why traditional proverbs still carry value in modern life.

Congress has approved a 70 billion dollar funding bill for Immigration and Customs Enforcement and Border Patrol. The House passed the measure after the Senate approved it earlier. Republicans used a special process to bypass Democratic opposition in the Senate. Democrats opposed the funding due to concerns over agent actions and failed to secure reforms.

Quote of the Day by Ogden Nash highlights a humorous but relatable truth about human pain. The quote compares physical and mental suffering and points to dental pain as a unique experience that combines both. Written by American poet Ogden Nash, the quote continues to connect with people because it reflects everyday life, human nature, well-being, and the search for peace and happiness through difficult moments.

India's home batteries are vital for keeping the lights on during peak demand. These systems, long a staple due to grid instability, are now evolving with lithium-ion technology. This shift promises greater power and efficiency for households.

United States forces have launched strikes against Iran following the downing of a US helicopter. President Donald Trump stated the response was powerful. Iran's state media reported attacks on Qeshm island and Sirik. Iran's Foreign Minister vowed a strong response to any aggression. The incident complicates peace deal efforts and a fragile ceasefire.

India's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the Iran war. Total refined product consumption dropped 6.5% in May, with subdued growth in petrol and diesel sales, indicating weakening economic activity.

Chinese proverb of the day highlights the idea that deep love and understanding often happen without words. The proverb explains how relationships grow through observation, trust, intimacy, mutual understanding, and shared experiences. It teaches that true connection is not measured by conversation alone. The saying remains relevant today because it shows how emotional bonds, silent support, and presence can strengthen relationships and create lasting connections between partners.

The quote of the day from Sigmund Freud highlights how many adults continue to seek approval and love based on achievement, a pattern often rooted in childhood experiences where affection may have been tied to performance. It suggests that this early conditioning can shape self-worth, leading individuals to unconsciously equate success with being deserving of love and validation. Freuds broader psychological ideas support this view, especially his belief that childhood experiences, unconscious i

African proverb of the day highlights the challenges that can arise when people at very different stages of life enter a marriage. This Nubian proverb uses a simple comparison to explain age gaps, commitment, relationships, compatibility, and long-term expectations. It encourages people to think carefully before marriage and reminds them that shared goals, understanding, and timing often play an important role in building lasting relationships.

European proverb of the day highlights the idea of mutual interdependence between men and women. This German proverb uses the image of a head and a body to explain relationships, marriage, human nature, and partnership. The saying reflects historical views on gender roles while also offering lessons about cooperation, support, balance, and the importance of recognizing the value each person brings to a relationship.

French proverbs offer practical wisdom, with hit the iron while it's hot emphasizing timely action. Success hinges on recognizing and seizing opportunities when they arise, not just preparation. This requires courage and awareness to act decisively, balancing patience with readiness for powerful results.

Adani Energy Solutions (AESL) is set to acquire smart metering company IntelliSmart Infrastructure for 3,050 crore, bolstering its position as India's largest smart metering platform with over 47 million meters. This strategic move aligns with India's ambitious plan to replace 250 million conventional electricity meters with smart meters to modernize the power distribution ecosystem and reduce losses.

American Proverb of the Day highlights the meaning of A man chases a woman until she catches him. The saying reflects the idea that romantic relationships are rarely as one-sided as they appear. While one person may seem to be pursuing the other, both individuals often play an important role in shaping the direction and outcome of the relationship. It suggests that attraction, commitment, and emotional connection develop through mutual interest rather than pursuit alone.

Quote of the day by Kate Hudson: Kate Hudson highlights the silent struggles of working mothers who often face adversity without speaking out. These women manage demanding careers and family responsibilities, carrying emotional and mental pressures while quietly persevering. Their resilience demonstrates strength in balancing these dual roles, often hidden behind daily duties.

British pharmaceutical giant GSK has announced a massive $10.6 billion deal to acquire Nuvalent. This Boston-based company specializes in cancer treatments. The acquisition significantly strengthens GSK's focus on oncology and its presence in the United States. Nuvalent's promising lung cancer therapies are now part of GSK's portfolio. These treatments are expected to be launched soon if approved by regulators.

America's trade deficit shrank in April. This happened as exports of oil products and capital goods reached new highs. This trend could help trade contribute to economic growth this quarter. The trade gap reduced by 1.2 percent to 55.9 billion dollars. Exports climbed to a record 327.1 billion dollars. Petroleum exports saw a significant jump.

The Bombay High Court has rejected an interim plea by Lilavati Hospital's trust, which sought to prevent HDFC Bank from making public statements regarding a loan dispute. The trust had sued for 1,000 crore, alleging defamation by the bank's online posts. The court cited the trust's history of media campaigns against the bank as a reason for dismissal.

A Japanese proverb teaches that imperfections do not hinder love. It states every flawed person has a perfect match. This wisdom highlights that relationships are built on understanding and acceptance, not flawlessness. Finding a partner may take time. Love seeks connection, not perfection. Your unique qualities can attract the right person.

England, ranked fourth, aims for glory after recent finals appearances. Croatia, ranked eleventh, has a strong World Cup history, reaching the final in 2018. Ghana, ranked seventy-fourth, seeks to advance past the group stage. Panama, ranked thirty-third, makes its second World Cup appearance. These teams prepare for the upcoming tournament.

In an eyebrow-raising twist of fate, the Trump family reportedly amassed over $2 billion through various cryptocurrency initiatives, leaving many investors counting their losses. Four crypto projects associated with Trump unveiled a strikingly similar trajectory: minimal risk for the Trump's, aggressive promotion, and a stark reality for investors as both tokens and stock values nosedived.

Indian energy firms want the Petroleum and Natural Gas Regulatory Board to allow pipeline connections. This could free up nearly 10% of domestic gas output. Around 14 million cubic metres of gas from the Northeast is currently unused. A temporary waiver could unlock 8 million cubic metres of gas quickly.

Air India is offering compensation to families of victims from last year's Ahmedabad plane crash. However, families must waive their right to sue the airline and its manufacturer to receive the settlement. Radhika Mishra, daughter of a victim, urged Air India to halt these demands until the investigation concludes.

China's exports saw a strong jump in May, rising 19.4 percent year-on-year. Imports also climbed significantly. Technology and auto shipments fueled this growth. Notably, exports to the US surged over 35 percent. Meanwhile, China's oil imports dropped to an eight-year low in May.

India's banking sector is resilient against the economic impact of the US-Israel conflict with Iran, according to Fitch Ratings. While other APAC nations face pressure from rising fuel costs and slower growth, India maintains a neutral outlook. However, small borrowers might experience strain if oil prices continue to surge, impacting domestic demand and consumer spending.

Zahabiya Khorakiwala is leading Wockhardt's US business and the launch of its new antibiotic, Zaynich. This drug targets resistant bacterial infections and is a significant bet for the company. Zaynich's US approval marks a major breakthrough after decades without new antibiotics. Zahabiya is focused on hospital penetration, physician advocacy, and demonstrating economic value to healthcare systems.

Ravi Teja, deputy director at the Department of Commerce, told reporters in Hyderabad on Tuesday that a review is underway for a possible extension, but did not reveal the new date under consideration.

Chinese electronics companies are pushing ahead with their India expansion. Brands like Hisense, Haier, and Oppo are increasing local manufacturing and exports. Contract manufacturers report no policy changes affecting overseas investments. Hisense is becoming more ambitious in India, expanding its product range. Haier plans a new manufacturing plant.

India's coal ministry has unveiled rules for the nation's first coal exchange, aiming for fair pricing and timely fuel supply. This move transitions from a 'one-to-many' sales model to a competitive 'many-to-many' platform, enhancing transparency and market-driven price discovery. Coal quality verification and dispute resolution mechanisms are detailed, with registrations granted for 25 years.

Life insurance premiums surged 19% to 62,581 crore in April-May, fueled by strong individual policy sales and improved retail demand post-GST exemption. Both LIC and private players saw healthy gains, with overall policy numbers rising 5%. This growth highlights renewed customer interest in savings and protection products.