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Global Business / The Economic Times

Sam Altman says we are now in the singularity, OpenAI CEO reveals why he believes humanity has entered an AI era once thought possible only in science fiction

OpenAI CEO Sam Altman says humanity has entered the singularity, a point where artificial intelligence is advancing beyond what once seemed possible only in science fiction. Speaking on the Relentless podcast, Altman called the moment hugely positive while reiterating warnings that AI could replace 30% to 40% of today's jobs.

27 Jul 2026 4:00 pm
Quote of the day by Sholom Aleichem, 'Life is a dream for the wise, a game for the fool, a comedy for the rich, a tragedy for the poor' offers inspiring life lesson on the way we see the world, reveals psychology behind emotional well-being, positive life-style in today's social media-driven world

Quote of the day by Sholom Aleichem remains one of Sholom Aleichem's most enduring observations because it captures the many ways human beings experience the same world differently. For readers in the United States and around the globe, the message offers a timely reminder that wisdom begins with understanding, prosperity carries responsibility, hardship deserves compassion, and every individual deserves dignity. In a society shaped by diverse backgrounds and experiences, the ability to see life

27 Jul 2026 3:50 pm
Why El Nio's promise of a quieter hurricane season may not guarantee good news for insurers

El Nino traditionally lowers hurricane risk for insurers. However, coastal growth and rising property values change this assumption. Even quiet seasons can cause severe losses due to increased exposure. Insurers now focus on landfall location and property value for risk assessment. Sophisticated models are being developed to address complex climate challenges.

27 Jul 2026 3:47 pm
Quote of the day by Joan of Arc, 'Get up tomorrow early in the morning, and earlier than you did today, and do the best that you can' reveals psychology behind waking up early, offers timeless inspiring motivational healthy life advice on 'success', 'discipline'

Quote of the day by Joan of Arc remains a timeless reminder that extraordinary achievements often begin with ordinary daily habits. Joan of Arc understood that greatness is built through consistent effort, personal responsibility, and unwavering determination. The words of wisdom continue to inspire because they celebrate something available to everyone: the opportunity to make tomorrow better than today. Every morning offers a fresh beginning, another chance to learn, and another opportunity to

27 Jul 2026 3:41 pm
Commonwealth Games 2026: Murali Sreeshankar qualifies for long jump finals

Indian long jumper M Sreeshankar has reached the finals of the Commonwealth Games. He achieved direct qualification by clearing the standard in his first attempt. Sreeshankar's jump of 8.01 meters secured his spot in the medal contention. The athlete aims to improve his silver medal from the previous edition. He is a strong contender for a medal in Glasgow.

27 Jul 2026 3:41 pm
SC reserves order on Abu Salem's plea for release after 25 years in jail

The Supreme Court on Monday reserved its order on gangster Abu Salem's plea seeking release from prison, in which he argued that he has completed the maximum 25-year jail term permitted under the India-Portugal extradition agreement. During the hearing, the bench questioned his claim that remission could be counted towards the 25-year limit, while Salem's counsel argued his undertrial custody and earned remission should be considered. The Bombay High Court had earlier rejected his plea, saying t

27 Jul 2026 3:38 pm
'Set countless milestones': Union Home Minister Amit Shah greets CRPF personnel on raising day

Union Home Minister Amit Shah praised the Central Reserve Police Force on its raising day. He highlighted the force's significant contributions to India's internal security efforts. Shah acknowledged the CRPF's role in combating Naxalism and maintaining peace across the nation. He extended greetings to all CRPF personnel and their families for their service. The minister also paid tribute to the warriors who sacrificed their lives in duty.

27 Jul 2026 3:34 pm
Deep depression over Bay of Bengal to bring very heavy rainfall over south Bengal districts: IMD

Heavy rainfall is expected in south Bengal districts until July twenty-eighth. The deep depression over the Bay of Bengal will cross the Bengal-Odisha coasts soon. Coastal districts will receive very heavy and heavy downpours until Tuesday. Fishermen are advised not to venture into the sea due to rough conditions. Sub-Himalayan districts may experience isolated heavy precipitation until August first.

27 Jul 2026 3:32 pm
On whose orders were AK-47 bullets fired?: Tejashwi Yadav demands judicial probe into Siwan firing, warns of massive agitation

Tejashwi Yadav demanded a judicial inquiry into AK-47 firing during a Siwan student protest. He questioned who authorized the use of firearms and held the state government accountable. Yadav warned of a massive agitation if student cases were not withdrawn and students were not released. He alleged that AK-47 bullets were fired aiming at protesters, injuring three students.

27 Jul 2026 2:57 pm
Infosys fined around 2 crore in France over employee time-tracking system

A French labor authority imposed a 175,000 fine on Infosys for shortcomings related to its working-time recording system compliance. The authority highlighted issues surrounding the system's reliability and auditability. Nonetheless, Infosys has reassured stakeholders that the financial impact will be negligible as they assess the situation and outline their next steps.

27 Jul 2026 2:55 pm
22-year-old Canada man says his Indian parents are saving wrong: They put Rs 50K of the Rs 70K he sends into chit funds; then ask more for bills and emergencies

A 22-year-old Indian man working in Canada says he sends Rs 70,000 every month to support his family in India, but claims his parents lock Rs 50,000 of that into chit funds each month, leaving just Rs 20,000 for all household expenses. He says he is then asked for additional money to cover basic bills, and has already sent over Rs 16 lakh in total.

27 Jul 2026 2:45 pm
India begins to China-proof its infra push after the TBM shock

India is accelerating efforts to localise mining and construction equipment manufacturing after Chinese export delays disrupted supplies of tunnel boring machines (TBMs) for key infrastructure projects. A proposed incentive scheme aims to reduce import dependence, strengthen supply chains, boost domestic manufacturing, expand exports and support India's ambitious infrastructure, mining and critical minerals development over the coming decades.

27 Jul 2026 2:42 pm
Psychology explains why spending money on experiences makes people happier than buying things, and what decades of research reveal

Psychological research indicates experiences provide more lasting happiness than material goods. Experiences become part of our identity, unlike possessions which fade. Anticipating trips and events brings joy long before they happen. Shared experiences strengthen social bonds, which are key to wellbeing. Investing in experiences offers a better path to long-term happiness.

27 Jul 2026 2:40 pm
Strong El Nino could push global temperatures above 2C in early 2027

A powerful El Nino may push global temperatures above two degrees Celsius in early 2027. This significant milestone, if reached, would be a first recorded instance of such warming. Researchers link recent temperature surges partly to aerosol pollution reductions. India has already experienced hotter and drier conditions due to the El Nino pattern. Extreme weather events are becoming more frequent globally, impacting various regions.

27 Jul 2026 2:30 pm
ISSF World Cup: Esha Singh wins gold, Olympic medallist Manu Bhaker takes bronze in women's 25m pistol

In an impressive display of talent, Esha Singh won gold in the women's 25m pistol event, while Manu Bhaker achieved bronze in a thrilling finale. Esha reflected on her triumph over mental challenges and the joy of shooting in Hangzhou, and Manu expressed that her medal is a crucial milestone, paving the way for her future endeavors in shooting.

27 Jul 2026 2:08 pm
Sonam Wangchuk discharged from hospital, says he will visit Rajghat before returning to Ladakh

Climate activist Sonam Wangchuk has been discharged from the hospital. He will now visit Rajghat to pay tribute to Mahatma Gandhi. After this visit, he plans to return to the mountains. Wangchuk expressed gratitude to his supporters and the medical team. The team at Medanta Hospital Gurgaon provided him with excellent care.

27 Jul 2026 1:03 pm
'Auto drivers with loans seem happier': Bengaluru man earning Rs 2 lakh a month says he has Rs 14 lakh in savings and no debt; wonders why he still feels left behind

A 26-year-old Bengaluru professional with Rs 2 lakh monthly salary, zero debt, Rs 14 lakh in savings and retired parents says he still feels financially inadequate. His Reddit post about watching auto driver friends with loans appear happier and more content has resonated widely online.

27 Jul 2026 12:53 pm
Why thousands of Himachal teachers are doing hunger strike after a 15-day march across the state

Thousands of primary school teachers marched across Himachal Pradesh demanding policy changes. They gathered in Shimla after a 15-day protest march concluded. Federation leaders have now begun an indefinite relay hunger strike outside the directorate. The Chief Minister assured the gathering that most demands were accepted.

27 Jul 2026 12:48 pm
Supreme Court junks review plea against verdict on loss of Scheduled Caste status upon religious conversion

The Supreme Court dismissed a review petition regarding Scheduled Caste status. A person converting to a religion other than Hindu, Sikh, or Buddhist loses SC status. This loss is immediate and complete from the moment of conversion. The court upheld an Andhra Pradesh High Court order on this matter. Reconversion requires proof of original caste and community acceptance.

27 Jul 2026 12:48 pm
Foreign capital inflows hit $32 billion as FCNR(B) deposits break 2013 record

India has attracted nearly $32 billion in foreign capital since the RBI announced special inflow measures on June 5, Governor Sanjay Malhotra said. FCNR(B) deposits have already exceeded the 2013 record, but strong dollar demand linked to costly oil imports and weak exporter hedging continues to keep the rupee near record lows.

27 Jul 2026 12:45 pm
Ukraine wants prototype of European missile defence system by mid-2027, official says

Ukraine seeks a European anti-ballistic system prototype by mid-next year. This ambitious project aims to counter Russian missile threats effectively. Kyiv will provide a launcher and interceptor missile for testing. European nations and defense manufacturers are contributing technology and expertise. The goal is a lower-cost alternative to existing air defense systems.

27 Jul 2026 12:38 pm
No sweets till LA28: India's women hockey stars embrace Olympic sacrifice

The Indian women's hockey team has adopted a strict diet, avoiding sweets and fast food. This disciplined approach supports their focus on the FIH World Cup and Asian Games. Players maintain high fitness standards, a change from previous Olympic campaigns. Their commitment is self-motivated, aiming for podium finishes in major events. The team's preparations are bolstered by recent successes and expert guidance.

27 Jul 2026 12:32 pm
Gray Hair Reason Found: A Japanese study explains why people get grey hair and it may be linked to cancer

Why Do People Get Grey Hair: New research in Japan suggests grey hair may signal a body's protective response against Cancer. Stem cells shut down after severe DNA damage, preventing harm, however, certain carcinogens can cause these cells to multiply unchecked. This process can lead to melanoma, the most dangerous skin cancer. The study connects visible aging and cancer risk in new ways.

27 Jul 2026 12:25 pm
US energy cushion faces new stress test as Middle East risks rise again

As Middle East tensions rise, Americas energy market stability is put to the test. Record levels of electricity demand and heavy data-center usage are straining the nations energy system. Critical metrics like oil and gas production are actively monitored for pressure points, while tight refined product inventories raise concerns. Although gas storage remains adequate, strong LNG exports hint at potential supply challenges ahead.

27 Jul 2026 12:17 pm
Cricket's return gives the Olympics its biggest growth opportunity in decades

Cricket's return to the Olympics at Los Angeles 2028 is driven as much by strategy as sport, with the IOC aiming to tap into India's vast audience and commercial power. Officials say the move will help the Games reach billions of new viewers, boost broadcasting revenues and attract younger fans, while the explosive rise of T20 cricket and the IPL has made the sport an ideal Olympic fit. With Brisbane 2032 and India's 2036 hosting ambitions on the horizon, cricket is expected to become a long-ter

27 Jul 2026 11:48 am
Shreyas Iyer thanks VVS Laxman after 'flawless' Zimbabwe triumph

India secured a 3-0 T20 series victory over Zimbabwe in Harare. Interim coach VVS Laxman commended captain Shreyas Iyer's leadership and optimism. Iyer acknowledged Laxman's motivational role in the team's successful performance. The Indian squad achieved this win despite missing several key players. This series triumph followed a challenging start to Iyer's captaincy.

27 Jul 2026 11:34 am
NEET protest: SC says police excesses cannot be justified merely because there is agitation, to hear pleas on Tuesday

The Supreme Court asserted that police actions during protests must not exceed justified limits, advocating for a structured approach to managing peaceful gatherings. The court has agreed to review claims of excessive force used against student protesters and a related case about police being attacked, during a time when the government is reinforcing anti-paper leak legislation.

27 Jul 2026 11:29 am
'People were pushing, baby strollers falling': Bite of Seattle Festival-goers recount chaos after shooting leaves 2 dead; watch video

A shooting occurred Sunday evening at Seattle Center during the Bite of Seattle food festival. Two individuals tragically lost their lives at the scene of the incident. Five other people sustained injuries and were transported to a local hospital. Authorities have taken two suspects into custody following the violent event. Police are continuing their investigation into the motive and any additional involvement.

27 Jul 2026 11:26 am
RBI to hold rates through 2026 as growth risks outweigh inflation: Poll of economists

Economists predict the Reserve Bank of India will maintain its key interest rate at 5.25% through year-end. This decision comes as the central bank assesses war impacts and current price pressures. Inflation has risen above the target, but a rate hike is considered premature by officials. The RBI will likely avoid using interest rates to defend the weakening rupee. India's economic growth is forecast to slow to 6.

27 Jul 2026 10:47 am
Viral 'CJP resignation party' video allegedly shows Saurav Das, Ashutosh Ranka dancing at a hotel after Dharmendra Pradhan quits

CJP Resignation Party Viral Video: Supreme Court lawyer Mahesh Jethmalani questioned the Cockroach Janta Party's celebrations after protests and the resignation of the Union Education minister Dharmendra Pradhan. He raised concerns about the movement's leadership celebrating with music and dancing. Jethmalani also demanded transparency regarding the funding of the month-long agitation.

27 Jul 2026 10:43 am
Want all parties to take part: Kiren Rijiju urges debate on Public Examinations (Prevention of Unfair Means) Amendment Bill

Parliamentary Affairs Minister Kiren Rijiju urged all political parties to participate in the debate on the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, which aims to strengthen the legal framework against paper leaks and examination malpractices. The Bill, introduced in the Lok Sabha amid concerns over the NEET-UG controversy and recent student protests, proposes stricter measures to curb unfair practices in public examinations. The government said the legislation refl

27 Jul 2026 10:30 am
INS Sudarshini sets sail for Portugal after month-long visit to US

Indian Naval Ship Sudarshini has departed the United States for Portugal. The vessel concluded its month-long visit after attending US independence anniversary celebrations. Sudarshini participated in SAIL 250 events across several American cities. It showcased India's maritime strength and fostered international naval partnerships. The ship continues its Lokayan 26 voyage promoting goodwill and seafaring traditions.

27 Jul 2026 10:24 am
Will table audit report on corruption during DMK regime, says TN Finance Minister

Tamil Nadu Finance Minister N. Marie Wilson said the TVK government will table an audit report during the Budget session alleging corruption and party fund irregularities under the previous DMK regime. He also reiterated the government's commitment to abolishing NEET.

27 Jul 2026 10:02 am
Myanmar military escalates civilian killings, monitor warns, amid diplomatic push

Myanmar's military has intensified attacks on civilians since a new administration took office. Specialized jet fighter groups are conducting sustained airstrikes against single targets. The military's tactics show shifting modalities of civilian repression rather than reduction. Diplomatic engagement is increasing with regional governments and neighboring countries.

27 Jul 2026 10:02 am
Will sit together and decide what is to be done: Akhilesh Yadav on Public Examinations Amendment Bill

The Lok Sabha will consider the Public Examinations Amendment Bill, 2026. This bill aims to prevent unfair means in national examinations. Samajwadi Party chief Akhilesh Yadav urged the government not to challenge public awareness. Nationalist Congress Party MP Saayoni Ghosh welcomed the government's steps. Youth and student views were heard, fostering hope for constructive parliamentary discussion.

27 Jul 2026 10:00 am
Harsh Goenka trolls Galgotias University again, says it should 'showcase' China's new all-terrain robodog capable of climbing rocky slopes, racing across difficult ground

Industrialist Harsh Goenka sarcastically shared a new robot dog video online. He implied Galgotias University might claim this invention as its own. This references a past controversy where the university presented a commercial robot as its creation. The university later clarified the robot was a teaching tool for students. This incident highlights ongoing discussions about indigenous innovation versus rebranded technology.

27 Jul 2026 9:57 am
Amarnath Yatra: Pilgrims' 20th batch crosses Chanderkote under tight security

The Amarnath Yatra resumed after a six-day suspension due to heavy rainfall and inclement weather. Pilgrims from the 20th batch successfully crossed Chanderkote on Monday en route to the Holy Cave shrine. Authorities allowed travel exclusively via the Baltal route as the Pahalgam track remains closed. The annual pilgrimage attracts thousands of devotees from across the country each year.

27 Jul 2026 9:40 am
Quote of the day by Martin Heidegger: Man dies constantly until the moment German philosopher on life, death and human existence

Quote of the day: Martin Heidegger viewed human existence as a constant movement toward death. He argued that awareness of mortality shapes every moment of life. People often avoid confronting death, living according to social expectations. Heidegger believed facing mortality leads to a more authentic and deliberate existence.

27 Jul 2026 9:36 am
Tomato's twisted truth: The Australian or Italian tomato you bought may actually be Chinese

A forensic investigation has found that major Australian brands like Leggo's, Coles, and Aldi misled consumers about the origins of their tomato products. Over 221 tomato-based items were analysed, revealing that many were actually sourced from China. The involved companies have denied any wrongdoing and are conducting internal inquiries to address these accusations.

27 Jul 2026 9:32 am
CENTCOM chief advised halting Hormuz strikes before Trump paused Iran campaign: Report

US Central Command chief advised stopping strikes near Strait of Hormuz due to limited effectiveness. President Trump halted American military strikes against Iran after receiving this advice. Military and civilian advisors acknowledged limits to air power campaigns and their accomplishments. Iran halted retaliatory attacks after Washington paused its strikes for two nights. The US and UK are discussing an international conference to protect the Strait of Hormuz.

27 Jul 2026 9:20 am
Guru Purnima 2026 date and time: Is it a school holiday on Ashadha Purnima? Check date, timings and significance

Guru Purnima 2026 Mein Kab Ki Hai: Guru Purnima in 2026 will be observed on Wednesday, July 29, marking the full moon. The Purnima Tithi begins on July 28 and concludes on July 29, with moonrise at 7:21 PM. School closures for Guru Purnima are not centrally mandated and depend on state and local decisions. Many states traditionally observe this day as a holiday, while others may have local observances.

27 Jul 2026 8:38 am