The Economic Times

JPMorgan Chase CEO Jamie Dimon recalled his unexpected 1998 Citigroup firing and his near-fatal 2020 heart emergency. His daughter even asked him whether they would have to sleep on the streets after he lost his job. Recalling these setbacks, the Wall Street veteran revealed how career setbacks and confronting mortality reshaped his views on self-worth, family, success and legacy.

An X user recently shared how he deftly turned the tables on an HR who tried to punish him by cutting off his bonus for using his personal phone during office hours

Solar Industries shares surged over 8% after the company reported a 93% YoY rise in Q1 FY27 net profit to Rs 652.55 crore and 70% revenue growth. Strong defence, domestic and international explosives businesses, a Rs 21,350 crore order book and Rs 14,000 crore FY27 revenue guidance boosted investor confidence in growth prospects.

Mutual funds boosted cash holdings by over Rs 7,856 crore in July. PPFAS Mutual Fund held the largest cash reserve at Rs 25,291 crore. This fund house has three equity-oriented funds in its portfolio. Rajeev Thakkar noted cash levels have fallen from a peak of 25%. Other fund houses like SBI and HDFC also maintained significant cash reserves.

The Italian proverb Help yourself and heaven will help you emphasizes personal responsibility. Taking the first step creates possibilities for progress and eventual assistance. Effort can increase chances of finding solutions and developing new skills. Faith combined with action encourages persistence and discourages passive waiting. Personal initiative transforms intentions into achievable actions and manageable uncertainty.

Christopher Nolans The Odyssey, starring Matt Damon, Anne Hathaway, Tom Holland and Robert Pattinson, hit theatres on July 17. While its official OTT release date remains unconfirmed, reports suggest it could arrive on JioHotstar in India. A PVOD release may come in the last week of August, though Nolans Oppenheimer took around four months to reach streaming platforms after its theatrical run.

Union Education Minister Pralhad Joshi criticized Rahul Gandhi's parliamentary conduct. He stated Gandhi avoids debates and makes political statements abroad. The opposition demanded a discussion on paper leaks and a statement. The government agreed, but the Congress party chose to walk away. Joshi described the opposition's actions as a disservice to democracy.

Russian President Vladimir Putin visited a disputed island near Japan on Thursday. This visit prompted strong condemnation from Tokyo, which cited the action as unacceptable. Ties between Moscow and Tokyo have soured significantly after Russia's invasion of Ukraine. The Russian and Chinese ambassadors pledged to oppose attempts to revise World War Two outcomes. Putin's trip included visiting a fish-processing plant and overseeing navy drills.

Shankar Abaji Bhisey, often called the Edison of India, was a pioneering Indian inventor who developed his interest in science through books and magazines. Born in Bombay, he went on to work on several inventions and patents abroad, becoming one of the lesser-known figures in Indias early scientific history.

The Supreme Court will examine a petition challenging police use of facial recognition technology. This plea argues against biometric surveillance of protesters without their consent. The petition highlights concerns over data collection and hosting by private entities. It contends that existing laws do not authorize such blanket identification at peaceful assemblies. The court agreed to consider the matter alongside other related protest petitions.

Anthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as the AI startups revenue continues to surge. The Claude makers rapid growth, strong demand for AI tools and lofty revenue projections are fuelling bullish expectations despite intensifying competition, regulatory pressure and other challenges.

Jubilant FoodWorks posted a higher first-quarter profit on Thursday. This increase was aided by steady growth at Domino's India. The company also saw continued store expansion during the period. Profit rose about six percent year-on-year for the quarter. This marks a significant financial performance for the business.

A 75-year-old woman recovered Rs 24,000 lost two years ago on a bus. The conductor, Raju, found the money and kept it safe for its owner. He later identified Kasabai Gaikwad through a medical prescription found with the cash. An Aadhaar verification confirmed her identity, leading to the money's return. Kasabai expressed her gratitude to the honest conductor for his integrity.

The head of Iran's Basij paramilitary unit has declared that the Strait of Hormuz is firmly under Iranian control, countering US President Donald Trump's assertion of total US dominance in the area. Taeb emphasised that Iran has successfully prevented US interference in regional matters and ensured ongoing security within the vital strait.

A leading heart surgeon reveals five essential habits to avert heart attacks. Key practices include steering clear of smoking, regulating high blood pressure, and keeping cholesterol levels in check. Additionally, reducing sugar consumption is crucial for avoiding insulin resistance and stabilizing blood sugar. Building strong social ties fights loneliness, a serious risk for heart health. Adhering to these guidelines greatly enhances one's heart health prospects.

Air India now mandates psychoactive substance testing for all pilots. This new internal measure enhances safety protocols beyond DGCA requirements. Previously, the airline followed DGCA rules for random testing of personnel. The Phuket incident prompted Air India to tighten its internal safety checks.

Shiromani Akali Dal leader Sukhbir Singh Badal faced an attack in Nanded, Maharashtra. A police officer from his security detail also sustained injuries during the incident. Badal was subsequently transported to a local hospital for necessary medical treatment.

Tata Sons chairman N Chandrasekaran will not seek reappointment in February 2027. The Sir Dorabji Tata Trust has begun the succession process for the next chairman. A complication arises as the Sir Ratan Tata Trust cannot convene trustee meetings currently. TV Narendran, Tata Steel MD, is among the names being discussed for the top position. The selection committee will recommend the next chairman, ensuring a smooth leadership transition.

Protests erupted in Surab after a Pakistani military airstrike killed over twenty people. The aerial attack reportedly resulted in civilian casualties, including women and children. Local residents transported the injured and deceased to the District Headquarters Hospital. Relatives placed bodies on the N-25 highway, initiating a sit-in protest. The incident drew condemnation from political and civil society organizations.

A fourth railway line has been approved for the strategically important Chicken's Neck corridor. This crucial link connects the Northeast with the rest of India. Infrastructure initiatives include a nearly 29-km double-line underground project near Bagdogra. New local train services are planned from Jogbani, Radhikapur and Balurghat soon.

Former TMC MLA Nirmal Ghosh was arrested from Odisha on Thursday. He is accused of involvement in the hurried cremation of a doctor. The doctor was raped and murdered at RG Kar Medical College and Hospital. Ghosh faces charges of destruction of evidence and criminal conspiracy.

The government has warned Air India to take responsibility for safety after the August 4 Phuket-Delhi flight scare and ordered DGCA to tighten aviation personnels drug-testing rules. The regulator has been asked to expand mandatory testing and impose tougher penalties for genuine drug violations while allowing more chances in medicine-related positive tests.

Ice cream makers are reformulating products to meet evolving consumer preferences. Demand for healthier options and appetite-suppressing drugs influences product development. Companies are reducing portion sizes and increasing protein content in their offerings. Consumers seek indulgence with fewer calories and simpler ingredient lists. This trend reshapes the future of the global ice cream market.

Chennai property tax increased? Chennai property owners receiving higher tax demands need not panic. The Greater Chennai Corporation has clarified it has not raised property tax rates citywide. Revised notices have been sent only to properties found to be under-assessed or wrongly assessed, and owners have 15 days to appeal.

Researchers documented a rare dolphin foraging tactic called shelling in Queensland. This behavior involves using sea snail shell to capture fish prey. Groundbreaking video footage shows a young calf learning this skill from its mother. This challenges previous beliefs about dolphins learning from peers. The findings highlight dolphin intelligence and innovative cultural transmission.

Union Minister Kiren Rijiju stated Parliament passed twelve bills during the recent Monsoon Session. He expressed dissatisfaction with the quality of discussions and opposition's avoidance of debates. The Lok Sabha passed eleven bills without discussion, while one bill saw debate. Rijiju accused Congress MPs of reducing their parliamentary role to sloganeering and ruckus.

Bitcoin and Ethereum remained under pressure despite softer US inflation data, with analysts pointing to key support and resistance levels as markets await US PPI data for the next directional cue. Altcoins showed mixed moves, while subdued ETF flows and cautious investor sentiment continued to weigh on the broader crypto market.

JioStar launches a new campaign celebrating Indian Premier League football fans. The campaign features Tiger Shroff and cricketers Sanju Samson and Riyan Parag. It highlights the passion and loyalty of fans supporting their favorite clubs. The 2026/27 Premier League season begins August 22 and runs until May 30.

Black Box has announced a remarkable eighteen percent rise in profits for the June quarter, attributed to a solid order book and growth in its Brazilian sector. Revenue from operations surged to Rs 8,986 crore, a significant eighty-three percent increase, achieving a record quarterly revenue of Rs 1,719 crore. Plans are underway for Black Box to recruit three thousand new professionals predominantly in the US by the year 2030.

The Reserve Bank of India has proposed a new framework for loan interest rates. This framework aims to bring more uniformity and transparency to lending practices. Floating rate loans will see increased transparency and stricter reset periods. Personal and MSME loans from commercial banks must link to external benchmarks. These proposed changes are expected to take effect from April 1, 2027.

Serious irregularities have surfaced within Kerala Public Service Commission examinations and appointments. A Crime Branch investigation is underway into PSC examinations and government service appointments. The Chief Minister also addressed concerns regarding Lower Primary School Teacher vacancies and protests. Irregularities in the purchase and supply of ghee to Sabarimala temple are also being examined. The government is studying restructuring of the MEDISEP health insurance scheme for employ

Grandmaster Hikaru Nakamura advised D Gukesh to block out pressure and regain his form. He believes Gukesh is crumbling under expectations after his world championship win. Nakamura also sees a bright future for Indian chess with new talents emerging. He expects Gukesh, Arjun, and Praggnanandhaa to compete for the world championship. Nakamura is also eyeing the 2028 Olympiad as his last classical tournament.

Indias merchandise trade deficit widened to $31.98 billion in July from $30.43 billion in June, exceeding economists estimate of $30.20 billion, according to a Reuters poll. Merchandise exports rose to $44.24 billion from $40.41 billion in June, but imports increased more sharply to $76.22 billion from $70.84 billion.

Shriram Properties faced a significant profit decrease of forty-six percent in the June quarter, largely affected by rising operational expenses and taxes. Nevertheless, the company recorded a slight increase in total income to Rs 271.04 crore and experienced a ten percent rise in sales bookings to Rs 484 crore. Their project pipeline remains strong, extending through various cities in India.

Madhya Pradesh plans to resume exploration of a large Buddhist stupa at Vaishya Tekri. This Mauryan-era structure, larger than Sanchi's, has remained largely unexplored since 1939. Excavation work halted previously due to a gas leak incident affecting laborers. Authorities are now coordinating for a fresh excavation to understand the monument's original design. Historical records suggest a possible connection to Emperor Ashoka and his wife Devi.

Henry Fords quote, Chop your own wood, and it will warm you twice, highlights the happiness that comes from hard work and self-reliance. The saying suggests that effort brings a double reward: the practical result and the satisfaction of achieving it yourself. Ford, founder of Ford Motor Company, transformed the automobile industry with the Model T, making cars accessible to middle-class Americans.

Tata Sons, the group's holding company, is primarily owned by charitable trusts. These philanthropic trusts, established by the Tata family, support various social causes. The Sir Dorabji Tata Trust and Sir Ratan Tata Trust collectively hold a majority stake. Noel Tata, as chairman, does not personally own these significant Tata Sons shares.

Navi Ltd. is preparing for an Indian IPO targeting up to $315 million, with JM Financial, Kotak Mahindra Capital, Goldman Sachs and JPMorgan advising. The fintech firm seeks a valuation of up to $2 billion and plans to file by December. The offering is expected to comprise only a primary share sale.

Mutual funds increased their exposure to technology, automobiles, e-commerce, healthcare, NBFC-lending and telecom sectors in July, while reducing weights in private banks, capital goods, utilities, oil & gas and other sectors.

European shares edged higher as easing oil prices offered some relief, though stalled US-Iran peace efforts and Strait of Hormuz disruptions capped gains. The STOXX 600 rose 0.2%, while the FTSE 100 slipped 0.3% despite stronger-than-expected UK economic growth.

Indias gem and jewellery exports remained nearly flat in July 2026, rising 0.38% year-on-year in dollar terms to $2.35 billion, while rupee-denominated exports increased 11.68% to Rs 22,511.64 crore, according to GJEPC data. Gold jewellery drove growth, with exports rising 8.73%, while studded gold jewellery jumped 21.36%.

The new chairman of Tata Sons faces a myriad of financial hurdles and strategic choices. Air Indias transformation hinges on hefty investments and a defined route to profitability. Meanwhile, the semiconductor initiative from Tata Electronics calls for both time and sustained financial support. The third big issue involves Tata Digitals road-ahead.

Show one provision: Rijiju challenges Akhilesh Yadav over FCRA Bill

An X user recently shared a powerful anecdote about how the HR officers rude attempt to fire her unceremoniously backfired completely.

Opposition parties boycotted the Lok Sabha Speaker's tea gathering following the House's adjournment. Some opposition leaders attended the Rajya Sabha Chairman's traditional tea party. Prime Minister Modi and senior ministers were present at the Lok Sabha event. Congress, Trinamool Congress, and Samajwadi Party leaders stayed away from the Lok Sabha.

Delhi government and police will respond to the Supreme Court's query. The court seeks an alternative protest site to Jantar Mantar. Residents complained about disruptions from frequent demonstrations at Jantar Mantar. The Supreme Court previously restored Jantar Mantar as a legitimate protest location.

Former Uttar Pradesh health minister Anant Kumar Mishra was expelled from the Bahujan Samaj Party. BSP chief Mayawati announced the expulsion due to alleged anti-party activities. Mishra had previously served as health minister in Mayawati's government. Party workers are urged to remain alert amid heated electoral atmosphere. They must work with dedication for the party's mission in upcoming elections.

Students protesting alleged recruitment exam irregularities accused the Ranchi district administration of withholding health details. Devendra Nath Mahto, on a hunger strike for twelve days, sought permission to return to the protest site. Job aspirants have been demonstrating for twenty days over alleged irregularities in recruitment examinations. Mahto was admitted to hospital after his health deteriorated following a march to the Jharkhand assembly.

Marine heatwaves are having a growing impact on human health in multiple ways. These extreme temperatures can exacerbate storms and raise concerns regarding the availability and safety of seafood. With declining fish populations, billions face threats to food security. Coastal communities grapple with emotional distress from the loss of marine ecosystems. It is crucial for governments to incorporate marine heatwave forecasts into their public health strategies.