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The Economic Times

Economy / The Economic Times

Garret Anderson net worth: How wealthy was the ex-MLB star? Career earnings explained

Garret Anderson, a former MLB star and Los Angeles Angels legend, built significant wealth through a long and consistent baseball career. Over 17 seasons, he earned substantial income through player contracts, reflecting his value as one of the leagues most dependable hitters. His financial success was driven by sustained performance, major deals, and steady growth, making him one of the most respected players of his generation.

18 Apr 2026 12:03 am
Exporters seek removal of cap on interest subvention

Indian exporters are calling on the government to lift the cap on interest subvention. They state current support is insufficient to counter rising global trade uncertainties. The Federation of Indian Export Organisations believes the subsidy scheme needs revision. This aims to provide more substantial relief to businesses facing higher borrowing costs and fluctuating export demand.

17 Apr 2026 11:50 pm
Another heart-melting moment like Punch: Baby monkey hugs plush toy after mothers rejection goes viral

A baby monkey named Yuji is going viral after he was seen hugging a soft toy for comfort. The young monkey was rejected by his mother and is now being raised by zoo experts. His story is touching many people online as he slowly grows stronger while living under special care and support.

17 Apr 2026 11:49 pm
Whats happening with mortgage rate right now should you lock before the April Fed meeting or wait for lower home loan rates?

Mortgage rates today are hovering near 6.3%. That is a sharp jump from around 5.7% just weeks ago. The market is moving fast. Buyers are feeling the pressure. The big question now is simple. Should you lock your mortgage rate before the April Fed meeting or wait? Right now, inflation is still high. The Federal Reserve is expected to hold rates steady. That does not guarantee mortgage rates will fall. In fact, they can rise even without a Fed hike. Bond yields are driving home loan rates higher.

17 Apr 2026 11:46 pm
Corporate Affairs ministry proposes easing company incorporation rules

In an effort to boost entrepreneurship, the corporate affairs ministry is poised to revamp the company incorporation process. By consolidating numerous forms into a reduced set of e-forms, the ministry aims to slash bureaucratic red tape. Expect a more lenient approach to KYC protocols and documentation for subscribers.

17 Apr 2026 11:45 pm
The emotional story behind an AI pioneers rise: How a personal loss shaped Anthropic CEO Dario Amodeis path to AI

Dario Amodei, CEO of Anthropic, is driven by a personal tragedy to accelerate artificial intelligence progress. His father's death from a curable illness ignited a belief that faster scientific advancements can save lives. This urgency propels Anthropic's rapid growth and ambitious vision for AI's future. The company's valuation and revenue are soaring, reflecting strong demand for its innovative AI tools.

17 Apr 2026 11:33 pm
This victory is just a trailer: MK Stalin after 131st Amendment Bill failed to pass Lok Sabha

Tamil Nadu Chief Minister MK Stalin celebrated the defeat of the Women's Reservation Amendment Bill in the Lok Sabha. He declared this a victory against Tamil Nadu and a preview of the upcoming state assembly elections. Stalin predicted a significant win for his party, DMK, in the 2026 polls. Opposition parties had also raised concerns about the bill's implementation timeline.

17 Apr 2026 11:27 pm
Quote of the day by Katharine Hepburn: 'Love has nothing to do with what you are expecting to get, only with what you are...' - advice on love, relationships and selflessness by Oscar-winning actress of Guess Who's Coming to Dinner

Quote of the day by Katharine Hepburn: Her profound words on love highlight selfless giving as its core. She believed true love involves offering everything without expecting anything in return. This perspective challenges transactional views of relationships. Hepburn, a celebrated American actress, left a lasting legacy through her iconic roles and inspiring life.

17 Apr 2026 11:27 pm
France, UK to lead 'defensive' force for Hormuz

France and Britain will spearhead a multinational mission for safe passage in the Strait of Hormuz. This defensive force will deploy only after regional peace is secured. The initiative aims to reassure commercial shipping and support mine clearance operations. Several nations have pledged contributions.

17 Apr 2026 11:18 pm
Singapore emerges as top FDI source in Apr-Dec FY26, high inflows from tax havens

Singapore emerged as the top source of FDI equity inflows into India during April-December FY26, contributing $17.6 billion. The US and Mauritius followed, with significant investments also noted from tax havens like the Cayman Islands and Cyprus. Computer Software & Hardware and the Services Sector were the most attractive investment destinations.

17 Apr 2026 11:18 pm
No design skills? Claude design plus Canva could change that as Anthropic partnership expands AI visual creation

Claude Design and Canva are changing how people create visuals using AI. These tools help users make designs quickly without much skill. People can turn ideas into real content and edit them easily. While it helps beginners a lot, designers may see changes in their work. The focus is on faster creation, simple tools, and making design more accessible.

17 Apr 2026 10:56 pm
10 powerful affirmations for students to calm their minds and boost focus before entering the examination hall

Alongside revision and practice, affirmations, simple, positive statements, can help calm the mind and improve focus. Increasingly, students are using them to build confidence and approach exams with a clear, composed mindset.

17 Apr 2026 10:56 pm
Boeing unveils satellite platform, targets 26 deliveries in 2026

Boeing and its unit Millennium Space Systems are boosting satellite production. They plan to deliver 26 satellites in 2026, up from 11 in 2025. A new satellite platform called Resolute will offer enhanced capabilities. This expansion addresses the increasing reliance on satellite technology for defense and internet connectivity. Space-based tools are becoming crucial in modern conflicts.

17 Apr 2026 10:54 pm
Chinese proverb of the day: 'If you want one year of prosperity, grow grain. If you want 10 years of prosperity, grow...' here's the ancient saying that smart leaders follow for sustainable growth and long-term success

Chinese proverb of the day: Proverbs emphasizes that true, lasting prosperity comes from investing in people, not just short-term gains. Growing grain offers quick rewards, while trees provide longer-term benefits. However, cultivating people through education and mentorship creates an impact that can last for generations, fostering innovation and sustained growth.

17 Apr 2026 10:40 pm
Centre relaxes wheat procurement norms for Punjab to counter rain damage

The central government has eased wheat procurement rules for Punjab and Chandigarh for the Rabi Marketing Season 2026-27. This decision follows untimely rains that damaged crops. Relaxations include increased tolerance for lustre loss and shrivelled grains. Punjab officials are ensuring smooth procurement and timely payments to farmers. Opposition parties had criticized the state government for delays in seeking these relaxations.

17 Apr 2026 10:38 pm
Whats the psychology behind people who need to control everything Control freak or coping mechanism?

Psychologists note that the urge for control can be addressed through awareness and consistent practice. Approaches such as cognitive behavioural therapy (CBT) help individuals recognise and challenge distorted patterns of thinking.

17 Apr 2026 10:36 pm
Garret Anderson cause of death: What happened to the ex-MLB star?

Garret Anderson, former Los Angeles Angels star and 2002 World Series champion, has passed away at the age of 53. The news was confirmed by the Angels organization, which paid tribute to one of the franchises most accomplished and respected players. Known for his consistency, discipline, and durability on the field, he leaves behind a strong legacy in baseball history. His passing has drawn tributes from across the sports world and MLB community.

17 Apr 2026 10:36 pm
College degree or just an 'entry ticket'? Engineer explains the reality of education beyond classrooms. 3 career skills that can help

An engineer's Instagram post has sparked discussion online after she shared that her engineering degree contributed very little to her actual job. She explained that while a degree helps in getting interviews, career growth depends more on practical skills. Highlighting communication, continuous upskilling, and self-learning as key factors, she called a degree just an entry ticket.

17 Apr 2026 10:34 pm
Punjab to integrate AI as core subject in schools, marks to reflect on Board certificates

Punjab's school education board will integrate Artificial Intelligence as a core component of its curriculum, with learning outcomes to be reflected on student certificates. This forward-looking initiative aims to enhance quality, innovation, and modernization, preparing students for a technology-driven world. The state board is committed to building an ethical foundation for AI usage, fostering skilled users and responsible digital citizens.

17 Apr 2026 10:33 pm
Need innovative solutions to finance nuclear projects: Official

India is planning a significant expansion of its nuclear energy sector. Experts emphasize the need for new financial strategies and robust risk-sharing frameworks. The SHANTI Act of 2025 is enabling private sector involvement. Accelerating site studies and ensuring long-term fuel supply are crucial steps. These efforts aim to boost clean energy generation and achieve ambitious capacity targets by 2047.

17 Apr 2026 10:23 pm
Delhi weather disrupts flight schedules, IndiGo issues travel advisory amid delays

Bad weather over Delhi is causing flight disruptions. IndiGo has issued a travel advisory warning passengers about delays and schedule changes. The airline is monitoring the situation closely and working to minimize inconvenience. IndiGo teams are assisting affected passengers. Normal operations are expected to resume once weather conditions improve. Passengers should check flight status updates.

17 Apr 2026 9:55 pm
How Elon Musk deals with forgetfulness? Tesla CEO tricks his brain with a simple method. 'You have to establish relevance'

Elon Musk shared a simple idea on improving memory, saying people remember things better when they understand why the information matters. Speaking on the Full Send Podcast, he explained that the brain naturally tries to discard most information, so only what feels relevant gets stored. Instead of forcing memorisation, Musk suggested focusing on meaning and purpose, as identifying relevance makes it easier for the brain to retain information.

17 Apr 2026 9:53 pm
College degrees: NIT engineer says job uses just 3% of degree, viral video sparks debate on skills vs education

A chemical engineering graduate from an NIT shared that her job utilizes only a small fraction of her academic knowledge, relying more on communication and continuous learning. Her experience, echoed by many online, highlights the disconnect between theoretical education and practical corporate roles, emphasizing the need for skills beyond formal degrees.

17 Apr 2026 9:53 pm
Bitcoin price crosses $77,000 after breakout, experts eye $80k next amid global boost

Bitcoin price moved above $77,000 after strong market buying and positive global news. Investors are watching closely as the market shows signs of recovery. Companies linked to crypto are also seeing gains. Experts believe the next big level could be higher if momentum continues. However, market risks and global events can still affect the price direction in the short term.

17 Apr 2026 9:47 pm
India explores FTA full use with Norway, sets up fast-track investment system with Austria

India and Norway are enhancing cooperation in energy, maritime, and biotech sectors. Norway sees growing investment interest in India. Meanwhile, India and Austria have launched a Fast-Track Mechanism to facilitate investments and resolve issues. This initiative aims to expand bilateral trade and leverage industrial complementarities. Both nations are prioritizing sustainable development and green technologies for future collaboration.

17 Apr 2026 9:46 pm
Chhattisgarh power plant blast: Death toll rises to 21; Congress demands culpable homicide charge

The death toll from the April 14 blast at Vedanta's power plant in Sakti district, Chhattisgarh, has reached 21. A worker died from injuries on Thursday night. The explosion occurred in a steam tube. Fourteen individuals remain hospitalized, with five in critical condition. Police have registered an FIR naming Vedanta Group chairman Anil Agarwal and plant head Devendra Patel.

17 Apr 2026 9:45 pm
Techie develops technique to save 60% time but hesitates to tell manager: 'Just imagine saving half office hours.....'

A tech expert developed an automation that saves nearly 60 percent of work time. He is hesitant to share this innovation with his manager. He fears management might increase workloads instead of offering rewards. Online communities advise caution, sharing stories of employees whose efficiency led to job losses. The consensus suggests keeping such advancements private.

17 Apr 2026 9:42 pm
Kazakhstan echoes Indias call for urgent UN reforms

Kazakhstan's President Kassym-Jomart Tokayev urged global leaders towards greater responsibility and UN reform at the Antalya Diplomacy Forum. He highlighted how regional conflicts now have global repercussions and expressed concern over the UN Security Council's role as an impediment to reform and the diminishing influence of international institutions.

17 Apr 2026 9:41 pm
NBA schedule for playoffs: Brackets, players, stats, all you need to know

Los Angeles Lakers' Luka Doncic and Detroit's Cade Cunningham won appeals to be part of the NBA awards voting this season, after both fell short of the 65-game rule.

17 Apr 2026 9:34 pm
Zee Entertainment to invest up to Rs 116 crore in VFX studio PhantomFX

Zee Entertainment Enterprises is investing up to Rs 116 crore in Phantom Digital Effects Ltd. to expand into the AVGC segment. This strategic move aims to enhance Zee's content creation capabilities across platforms and genres by leveraging PhantomFX's global expertise and AI-integrated production.

17 Apr 2026 9:32 pm
Love, loyalty, and fallout: Summer House drama deepens as Ciara Miller speaks out about Amanda Batula and West Wilsons betrayal

As Batula and Wilsons relationship became public, Miller shared a candid account of emotional turmoil, strained friendships, and lingering tensions, adding new dimensions to an already widely discussed reality TV controversy.

17 Apr 2026 9:31 pm
UltraTech crosses 200 million tonne capacity in India

UltraTech Cement has achieved a significant milestone, crossing 200 million tonnes in production capacity in India. This expansion solidifies its leadership in the Indian market and positions it as the world's largest cement producer outside China. The company plans further growth, aiming for 240 million tonnes by FY28.

17 Apr 2026 9:31 pm
Trump signals Iran deal near, more talks likely this weekend; floats Islamabad visit plan

President Donald Trump anticipates further discussions this weekend regarding a potential Iran deal. He outlined a plan for the US to retrieve enriched uranium from Iran. A visit to Islamabad is also a possibility once an agreement is finalized. The US is working to clear mines from the Strait of Hormuz. A blockade will remain until a deal is concluded.

17 Apr 2026 9:29 pm
Smartworks bets on structural shift as managed offices become mainstream

India's managed office sector is entering a period of strong growth. Smartworks, a leading platform, is expanding rapidly with large campus formats. Enterprises are increasingly adopting managed workspaces as a long-term strategy. This trend is fueled by a demand-supply mismatch in Grade A office spaces. Smartworks' annuity-led contracts ensure predictable revenue and financial resilience, positioning it for sustained success.

17 Apr 2026 9:26 pm
West Asia crisis: Govt expands export insurance scheme

India's government has expanded its RELIEF scheme to cover Jordan and Egypt. This move offers higher insurance to exporters facing disruptions from the West Asia crisis. The scheme aims to strengthen export resilience and sustain trade flows. Exporters obtaining new policies after March 16, 2026, are eligible. Reforms also target faster approvals for duty-free imports under the Advance Authorisation Scheme.

17 Apr 2026 9:22 pm
French Senate delegation visits India to boost strategic and parliamentary ties across ports, blue economy, and innovation hubs

A French Senate delegation visited India from April 10 to 15. They explored key projects in Mumbai, Puducherry, and Chennai. Discussions focused on strengthening bilateral ties and cooperation. The delegation met with Indian parliamentarians in New Delhi. The visit aimed to deepen the India-France Strategic Partnership.

17 Apr 2026 9:14 pm
Karnataka ready for global partnerships beyond tech: DK Shivakumar

Karnataka is actively seeking global partnerships across trade, innovation, and collaboration. The state aims to strengthen ties with over 80 countries. Bengaluru is highlighted as a hub for talent and investment. The Global Innovation Alliance is evolving for outcome-driven collaborations. The Bengaluru Tech Summit 2026 will focus on AI and beyond, fostering deeper co-creation and long-term global partnerships.

17 Apr 2026 9:06 pm
Why are oil prices down by 10% and US stock market indexes, Dow Jones, S&P 500 and Nasdaq, up now? Here's if Strait of Hormuz is fully open now

Why are oil prices down by 10% and US stock market indexes, Dow Jones, S&P 500 and Nasdaq, up now? Oil prices fell by more than 10% after Iran said the Strait of Hormuz is open again. Stock markets rose across the world. Investors reacted to hopes of easing tensions between the United States and Iran. Lower oil prices reduced inflation fears and supported companies with high fuel costs. Markets now watch diplomacy and shipping safety updates.

17 Apr 2026 9:05 pm
Amit Shah slams opposition for stalling womens quota bill, warns of wrath of women in 2029 polls

Union Home Minister Amit Shah criticized opposition parties for obstructing the women's reservation bill in the Lok Sabha. He warned that the 'wrath of women' would be faced in the 2029 General Elections and at all future electoral levels due to this 'reprehensible' act.

17 Apr 2026 8:59 pm
$499 Made in America phone: What happened to Trump sons big promise?

Trump Mobile's much-hyped smartphone launch is delayed. Initial promises of a 'Made in America' device at $499 have changed. The phone is now described as 'shaped by American innovation' with no set price or launch date. Despite setbacks, FCC clearance suggests progress. Broader ambitions are indicated by new trademark filings.

17 Apr 2026 8:56 pm
Panasonic Partners with ANACITY to Co-Create Next-Gen Smart Community Solutions in India

ANACITY has partnered with Panasonic to develop advanced smart home and community solutions. This collaboration will integrate Panasonic's IoT hardware with ANACITY's digital platform. The aim is to enhance security and living experiences for residents and improve workplace operations. The partnership is set to impact over 750,000 households and significant office spaces globally.

17 Apr 2026 8:54 pm
What is FISA renewal Vote? Mike Johnson-backed plan revealed. Details here

FISA renewal Vote: U.S. officials say the authority is critical to disrupting terrorist plots, cyber intrusions and foreign espionage.

17 Apr 2026 8:51 pm