The Economic Times
Elections 2026Global Business / The Economic Times
The Union Cabinet has approved a draft bill to amend the Women's Reservation Act. This amendment will increase Lok Sabha seats to 816, with 273 reserved for women. The new law is set to be implemented in the 2029 general elections. This move aims to enhance women's representation in Parliament and state assemblies.
Iran is reportedly tightening control over the Strait of Hormuz. Oil tankers may face cryptocurrency transit fees and detailed checks. This move aims to monitor vessel movements during a ceasefire. Shipping companies are pausing operations due to warnings. The situation creates a gridlock with hundreds of ships waiting. Access to the strait remains a critical issue in ongoing negotiations.
New tax breaks in 2025 are not giving bigger refunds to everyone. Income limits reduce benefits for overtime, tips, seniors, and car loan interest. Many taxpayers qualify but only get partial deductions. Higher total income, including investments or retirement withdrawals, can shrink refunds. Experts say deductions phase out gradually, so some filers see smaller savings even after new tax rules.
Over the past two years, Consumer Price Index data shows that grocery prices have fluctuated unevenly across different categories.The latest data points to a mixed trend in food prices, with notable increases in key categories such as proteins and beverages.
US President Donald Trump on Wednesday warned that unauthorised agreements, lists and letters were being circulated by people with absolutely nothing to do with the US-Iran negotiations, calling them fraudsters and charlatans, and said a federal investigation would expose them.
Social Security payments April 2026 look higher but feel smaller for millions. Over 75 million Americans depend on these monthly benefits. A 2.8% COLA increase added modest gains this year. But Medicare Part B premiums surged to $202.90, cutting real income. Inflation near 2.4% continues squeezing daily essentials and healthcare costs. April tax season further reduces net Social Security income for retirees. Up to 85% of benefits remain taxable under current rules. Rising living costs outpace fi
Iran has warned it may abandon the ceasefire with the United States. This comes after Iran accused Israel of violating the truce through attacks in Lebanon. Iranian officials stated the ceasefire covers the entire region. Israel, however, rejected this interpretation. The Israeli military confirmed a large strike in Lebanon. This situation raises fears of renewed escalation.
US workers payday on Friday after 6 weeks: Thousands of Department of Homeland Security employees, who worked without pay during a government shutdown, are set to receive their overdue wages by the end of this week, with most expecting funds by Friday. This relief covers up to six weeks of missed pay, though future payments for non-law enforcement roles will depend on Congressional action.
The Reserve Bank of India is proposing to remove due diligence requirements for MSMEs to join TReDS platforms. This move aims to simplify business operations for micro, small, and medium enterprises. TReDS facilitates financing of trade receivables through a digital network.
Google agreed to a $135 million settlement over claims Android phones used mobile data in the background. Millions of U.S. users may qualify for small payments. The case focuses on transparency, privacy, and hidden data use. Users may not need to file detailed claims. A judge must approve the deal before payouts begin, and notices will be sent to eligible Android customers.
Iran signals a temporary easing of passage through the Strait of Hormuz during a two-week ceasefire. A senior diplomat stated that future full opening hinges on the outcome of peace negotiations with the United States. Iran is also considering implementing transit fees for the vital waterway.
Earth's nighttime illumination increased by 16% between 2014 and 2022, driven by urban expansion and energy access in developing regions. However, Europe is intentionally dimming lights due to energy efficiency and light pollution reduction policies, showcasing a dynamic global shift in artificial lighting patterns.
Iran launched an attack on Saudi Arabia's East-West Pipeline. This pipeline is the kingdom's sole crude oil export route. The strike occurred just hours after a ceasefire was agreed to halt the Iran war. Other facilities in Saudi Arabia and across the region were also targeted. This incident could worsen the global energy crisis.
A fragile two-week ceasefire between the United States and Iran is already facing challenges. Pakistani Prime Minister Shehbaz Sharif confirmed reports of violations within hours of the agreement. He is urging all parties to respect the truce and allow diplomatic efforts to proceed towards a peaceful resolution of the conflict. This period is crucial for dialogue.
The 2026 Masters Tournament is set to begin at Augusta National Golf Club with top golfers competing for the green jacket. Scottie Scheffler leads the favorites, while predictions show possible surprises from other players. The field includes many big names and strong contenders. Fans can watch the action live as players battle for one of golfs biggest titles.
Delegations from the United States and Iran are set to arrive in Pakistan for talks this Friday. Pakistan's Prime Minister Shehbaz Sharif announced the visits. Previously, Pakistan played a crucial role as an intermediary, facilitating a ceasefire between the US and Iran. This involved relaying messages and helping to de-escalate a critical conflict.
Jasveen Sangha, dubbed the 'Ketamine Queen', has apologized before her sentencing for supplying drugs that led to Matthew Perry's death. She admits full responsibility for her actions. Sangha faces a potential 15-year prison sentence. Perry, the 'Friends' star, died from a ketamine overdose. Sangha is one of five individuals charged in connection with his death.
Pakistan's military chief Asim Munir is reportedly making personal deals under the guise of diplomacy, including the Roosevelt Hotel redevelopment, while the country seeks to mediate between Iran and the US. Prime Minister Shahbaz Sharif caused an international embarrassment by posting a draft ceasefire deal on social media, a move that overshadowed Egypt's key backchannel role in achieving the ceasefire.
SpaceX pre IPO investment options explained: Over $800 per share in private markets already shows rising demand for the SpaceX IPO. Investors are actively searching how to buy SpaceX stock before IPO as valuation targets reach $1.5$2 trillion. Direct access exists through pre IPO secondary markets, but only accredited investors qualify. Most buyers face $50,000+ minimums and lock-in periods. Retail investors instead track options like ETFs and venture funds with SpaceX exposure. The SpaceX pre I
In a life shaped by both achievement and adversity, Lewis articulated a truth that continues to resonate: that loss, while deeply felt, is not always final. Sometimes, it is part of a larger process through which new paths, relationships or insights emerge.
Trump Greenland move 2026: After Iran ceasefire, is President Donald Trump shifting focus to Greenland again? Fresh remarks spark global geopolitical buzz. After the Iran ceasefire, Donald Trump reignites the Greenland debate. No official policy shift yet. But signals are strong. Trump repeats U.S. interest in Greenland acquisition. This Arctic island holds rare earth minerals and key military routes. It matters for global power balance. The U.S. eyes Arctic dominance as Russia and China expand
India's economic growth forecast for FY27 is now 6.6 percent. This is an upgrade from previous projections. Strong domestic demand and exports are driving this positive outlook. However, global challenges may moderate growth. The Reserve Bank of India has a slightly higher forecast. Policy reforms are key for sustained growth and job creation.
The premiere of The Boys has finally resolved one of the series longest-running mysteries, with Season 5 Episode 1 revealing the much-anticipated superpowers of Ashley.
Missing the tax deadline can lead to extra costs. Late filing penalties grow every month and can reach a high amount. Late payment charges and interest also increase the total bill. Filing on time helps reduce damage even if you cannot pay fully. Extensions and payment plans are available, but taxes may still be due. Checking before filing can save money.
India will lead South Asia's economic growth. The World Bank forecasts India's economy to expand by 7.6% in FY26. The region's overall growth is expected to slow initially but recover. However, global uncertainties and energy market disruptions pose risks. Countries need reforms to sustain growth and create jobs. Other South Asian nations show varied growth projections.
North Korea launched several short-range ballistic missiles on Wednesday. This marks the second such launch in two days. Tensions with South Korea are rising sharply. A senior North Korean official also issued strong insults towards Seoul. South Korea remains ready to respond to any provocation. The launches pose no immediate threat to US personnel or allies.
Georgia is considering permanently adopting Atlantic Standard Time with the Georgia Sunshine Protection Act, a bill that has passed the state Senate. This move aims to end the biannual clock changes, though some express concerns about potential disruptions and scheduling conflicts with neighboring states.
Tom Hardy's quote challenges us to look beyond appearances and examine our actions and self-awareness. He suggests that true style is not about how we look, but how we live, emphasizing intention, purpose, and active engagement with life over mere existence. This perspective encourages a deeper audit of our time and choices.
Is Strait of Hormuz open now, and will it be free or $2 million transit fee be charged per ship? Vessel movement has resumed after a ceasefire between the United States and Iran. Ships are crossing again while talks continue on a possible $2 million transit fee. The agreement includes a two-week pause in attacks and negotiations on security and fees.
Economies in Europe and Central Asia are set for a slowdown this year. A conflict in the Middle East has caused energy prices to surge. This impacts businesses and consumers. While some energy exporters may see temporary gains, most nations are importers. They face increased financial pressure. Growth across the region is projected to decrease.
The World Bank has significantly lowered its 2026 growth projections for Middle Eastern economies. This comes as a direct result of the ongoing conflict between the US and Iran. The closure of the Strait of Hormuz and damage to infrastructure have disrupted markets.
India's economy shows strong resilience, outperforming other Asian nations. Central bank governor Sanjay Malhotra highlighted attractive valuations and growth potential, positioning India for increased overseas investment. The nation is projected for robust GDP expansion, making it a prime investment destination. Fiscal and monetary policies will drive growth and manage price pressures.
Puducherry is buzzing with anticipation as it prepares for the Assembly elections on April 9! A whopping 9.50 lakh registered voters will take to the polls, selecting their favorites from a diverse lineup of 294 candidates across 30 constituencies. The election committee has finalized all arrangements, including accessible voting options for senior citizens and those with disabilities.
New England Patriots head coach Mike Vrabel and New York Times NFL reporter Dianna Russini were photographed holding hands and hugging at a luxury Arizona resort. Both are married to other people. While they claim they were with friends, eyewitnesses and the photos suggest otherwise. The Athletic defended Russini, calling the photos misleading.
IRS tax refunds parents guide: Families can anticipate the largest tax refund season ever. New tax credits and deductions from the One Big Beautiful Bill Act offer significant financial boosts. Parents may receive up to $6,700 combined from the Adoption Tax Credit and the Child Tax Credit. This provides a welcome financial boost for many households.
People mailing paper tax returns may need to act early this year. Postal changes could delay postmarks, making some returns appear late. Experts suggest sending mail several days before April 15. Late filings can lead to penalties if taxes are owed. Filing online or asking for an extension are safer options. Taxpayers are advised to plan ahead and avoid last-minute mailing delays.
United States President Donald Trump has issued a stern warning. Any nation supplying military weapons to Iran will face an immediate 50 percent tariff on all goods sold to America. This move comes as Trump's administration is also reportedly discussing tariff and sanctions relief with Iran.
The Indian Air Forces indigenous LCA Tejas fleet is expected to resume operations from April 8 after a nearly two-month grounding caused by a technical issue during a landing incident in February. HAL has confirmed that the software-related problem has been resolved following a local modification committee review.
Nashik court sends self-styled godman Ashok Kharat to judicial custody until April 21. He faces a second rape case involving sexual exploitation since 2020. Kharat allegedly abused his religious position to exploit a woman. He is also involved in multiple other criminal cases. Authorities are pursuing further legal action.
Arthur Schopenhauer, a 19th-century German philosopher, posited that while individuals can act on their desires, they cannot choose those desires themselves. This concept, central to his work The World as Will and Representation, highlights the unconscious will's influence on human motivation and the illusory nature of free will at the level of desire.
America claims a major military success against Iran. US forces conducted hundreds of strikes, crippling Iran's defense and missile capabilities. The operation, named 'Epic Fury', reportedly destroyed Iran's industrial base. America states it used minimal military power for this decisive victory. Iran allegedly sought a ceasefire after the strikes. This escalation occurs amid wider regional conflict.

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