The Economic Times
Elections 2026Global Business / The Economic Times
The 10% temporary US tariff imposed on imports from India and other trading partners is set to expire at 9:31 am IST on July 24, unless the Trump administration announces an extension or a new tariff regime.
Maasai Proverb of the Day highlights the meaning of It is impossible to find a man who has everything, but it is possible to find one who enjoys the things he has. The saying reflects how happiness is often shaped by gratitude, perspective, and the ability to appreciate what is already present rather than constantly chasing more. It suggests that while having everything may be impossible, finding joy in lifes blessings, experiences, and relationships is a choice that depends on personal mindset
Superstar Salman Khan urged NEET protestors to return home and trust government action. He emphasized student safety and education as top priorities for the nation. Prime Minister Narendra Modi announced fast-track courts for swift punishment in paper leak cases. Khan also appealed to activist Sonam Wangchuk to end his hunger strike. Students have been protesting at Jantar Mantar demanding reforms and justice.
The US House passed a resolution directing President Trump to halt military action against Iran. This measure, largely symbolic, requires congressional authorization for any further hostilities. Four Republicans joined Democrats in supporting the resolution, which passed by a narrow margin. The vote occurred after Trump warned of major military punishment for Iran and its Houthi allies. The ongoing conflict continues despite the symbolic congressional action.
Psychology says people who inflict pain on themselves in anger aren't always trying to gain attention. Psychology explains that this behavior can be linked to emotional distress, difficulty managing feelings, and attempts to cope with overwhelming emotions. Studies suggest that self-inflicted pain during anger may temporarily reduce emotional intensity for some people. Understanding the reasons behind this behavior can encourage empathy, early support, healthy coping methods, and timely professi
Brent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints the Strait of Hormuz and Bab el-Mandeb at the same time. While markets were already grappling with disruptions in Hormuz due to the US-Iran conflict, fresh Houthi attacks on Saudi oil tankers in the Red Sea have put alternative export routes at risk.
Houthi rebels threaten to blockade the Bab el-Mandeb Strait, impacting global trade routes. They recently attacked two Saudi oil tankers in the Red Sea. This action escalates tensions and risks wider regional conflict. The vital strait connects the Red Sea to the Gulf of Aden. Disruption here could significantly impact international shipping and oil supplies.
Collectively, 5.64 crore cases are pending across courts, including the top court, the 25 high courts and district and subordinate courts.
First-time jobless claims in the United States unexpectedly dropped last week. This decline reached the lowest level recorded since September 1969. The number of people on jobless benefit rolls also fell to a six-week low. This stability allows Federal Reserve officials to focus on inflation. The central bank is expected to keep interest rates unchanged next week.
Quote of the day by Gabriel Garca Mrquez: Nobel laureate Gabriel Garca Mrquez offered a humorous perspective on growing older. He noted that people realize they are aging when they start resembling their fathers. This observation highlights the subtle and often surprising ways family traits manifest over time.
Chinese proverb of the day highlights the importance of emotional control, careful decision-making and meeting basic needs before taking major actions. The proverb advises people not to make legal decisions while angry or pursue creative work while hungry. Its message remains useful in modern life because it teaches patience, clear thinking, self-control and the value of solving immediate needs before making important personal, professional or creative choices.
Quote of the Day by Robert Pattinson: Robert Pattinsons quote, Nothing can be good if you do it for money or for fame, explores the importance of passion, authenticity, and finding genuine purpose in life. The quote suggests that meaningful achievements come from love for the work itself rather than simply seeking financial rewards or public recognition. It highlights that true satisfaction comes when people pursue their goals with dedication, creativity, and personal commitment. Instead of bein
Zulu Proverb of the day reminds us that courage is not found in pretending to be perfect. Real courage appears when individuals acknowledge mistakes, accept responsibility, and work sincerely to make things right. The first step toward solving any problem is recognizing that it exists. For modern readers, this timeless Zulu proverb offers an inspiring guide for building stronger relationships, healthier workplaces, and more trustworthy communities. Integrity is not measured by never making mista
People often keep information to themselves for reasons that have nothing to do with deception. They may be respecting someone else's privacy, trying to avoid unnecessary conflict, feeling embarrassed, or simply waiting until they feel comfortable enough to share something personal.
Today's quote of the day by Carl von Clausewitz reminds us that true strength is not about knowing every answer. It is about staying calm when life becomes uncertain. His timeless words encourage courage, clear thinking, wise leadership, and mental resilience. This powerful quote offers practical life lessons on trusting your judgment, making better decisions, and following your inner light even during life's most difficult moments.
The Ministry of Housing and Urban Affairs has been reorganized into two distinct departments. The Department of Capital Development will manage Delhi and Union government functions. The Department of Urban Development will oversee national urban policy and housing initiatives. This restructuring separates national capital administration from broader urban development efforts. Stationery and publications are now assigned to the Ministry of Information and Broadcasting.
In 1938, radio drama caused panic across America: Orson Welles' 1938 radio broadcast of The War of the Worlds caused widespread confusion after its realistic news format led some listeners to believe that Martians were invading Earth. While some panic did occur, historical research suggests the scale of the hysteria was likely exaggerated. Welles later apologised for any distress caused, sparking debate over broadcasting ethics. The broadcast remains a landmark in media history and storytelling.
Quote of the day by Thomas Hobbes: Thomas Hobbes believed life's constant motion prevents perpetual mental peace. Desires and fears ensure our minds remain active and engaged. Circumstances and feelings change, making permanent calm an elusive state. Accepting change and uncertainty offers a realistic approach to life.
Former IPS officer Kiran Bedi proposed using civil defence volunteers for student protests. She suggested these volunteers act as a first line of defense without canes. Riot police would then ensure their safety and prevent property damage. This approach aims to de-escalate confrontations and avoid allegations of brutality. Bedi believes upskilling existing civil defence or home guard personnel is feasible.
Quote of the Day by Enrique Iglesias: Enrique Iglesias quote, If they would have told me when I was just 18 that I was going to have a career that would last so long, Id have said it was impossible, that it was crazy that that could happen in my life, so Im happy to be here. To be able to go out on stage every day, explores the importance of perseverance, gratitude, and believing in the power of dreams. The quote suggests that success often comes through years of dedication, passion, and consist
India's Defence Research Organisation successfully tested its new long-range missile. The Kusha missile system can counter various aerial threats effectively. This successful trial marks a significant milestone for India's defence capabilities. It reduces import dependency and boosts self-reliance in defence manufacturing. The missile system will soon be inducted into the armed forces.
Pakistan rejected Amnesty International's call for an investigation into a recent airstrike. The rights group alleged the strike on a drug rehabilitation center could be a war crime. Pakistan stated the operation was lawful self-defense against terrorists and their bases. Amnesty International found no evidence supporting Pakistan's claims of military use. The incident occurred amid escalating cross-border hostilities between the two nations.
Quote of the day by Bruno Mars: Singer Bruno Mars highlights the importance of being prepared for opportunities. He states that people must be ready when chances appear suddenly. Preparation involves building skills and confidence to act decisively. Refusing to act on opportunities can lead to missed chances.
Infosys has appointed Ashiss Kumar Dash as its next Chief Executive Officer. He will officially assume the role of Managing Director and CEO on April 1, 2027, succeeding Salil Parekh after the completion of his second term. With more than three decades of experience at Infosys, Dash has played a key role in driving digital transformation and AI-led initiatives. The company is now looking to build on its AI-focused growth strategy under his leadership.
Emily Blunt's quote emphasizes focusing on the future, not the past. She overcame a childhood stammer to achieve acting success. Regret should teach lessons but not become a permanent dwelling place. Believing in one's potential is crucial for personal growth and development. Continuous learning and moving beyond fear shape a successful future.
India plans to become a top 10 sporting nation by 2036. The nation also aims for a top five ranking by 2047. The Khelo India programme has established over 1,000 sports training centres. The Union Budget increased sports allocation to approximately Rs 4,480 crore. A special fund promotes sports equipment manufacturing and research within India.
Today's quote of the day by Bernhard Riemann reminds us that real progress does not always come from having every answer. Sometimes it begins with honest questions and the courage to keep searching. His words highlight patience, critical thinking, curiosity, and continuous learning. This timeless quote offers a powerful lesson on scientific thinking, personal growth, and why accepting uncertainty can lead to remarkable discoveries.
US Secretary of State Marco Rubio stated America is ready to help end the Ukraine war. He spoke with Russian Foreign Minister Sergei Lavrov during an ASEAN gathering in Manila. Rubio conveyed President Donald Trump's clear message of US willingness to facilitate peace. Lavrov reaffirmed Russia's commitment to a political and diplomatic settlement of the conflict. Both sides face challenges in finding an acceptable peace settlement for the ongoing war.
Quote of the day by Kate Winslet reminds people that the bond between a mother and child continues throughout life. The quote explains that age, career, and achievements do not remove the need for love, guidance, and emotional support. It also highlights the importance of gratitude, staying connected to family, and valuing the people who stand beside us during every stage of life.
A militant outfit, NSCN-IM, has experienced a significant internal split. The Eastern Flank faction has declared a provisional government after breaking away. This division follows recent killings and allegations of fratricidal attacks between cadres. The Eastern Flank criticizes the Hebron leadership for compromising on Naga demands. They vow to continue both political and armed resistance for Naga sovereignty.
Quote of the Day by Sydney Sweeney: Sydney Sweeney's quote, I'm trained in mixed martial arts. I started when I was 14 and did my first competition at 18. It was a grappling competition against all guys a weight category above me, and I got first place, highlights the power of discipline, courage, and perseverance in overcoming challenges. The quote suggests that success is not determined by age, gender, or the odds stacked against you, but by consistent preparation, resilience, and the confiden
India hosted the 16th BRICS Health Ministers' Meeting in Chandigarh. The meeting established a network for mental wellness research and collaboration. BRICS nations adopted a declaration to deepen health cooperation and strengthen systems. Initiatives were launched to combat diseases driven by social determinants. Digital health and healthy lifestyle promotion were also key discussion points.
Seventeen-year-old Yash Kumar and sixteen-year-old Meena joined the protest secretly. They concealed their participation from families, believing the cause is worth the risk. Students are fighting for the future of the country's education system. The protest began with a hunger strike and gained wider support. Demonstrators faced confrontations with police during a Parliament march.
A parliamentary committee expressed concern over Dhanush gun system production delays. These delays have affected the Army's operational preparedness and artillery division. The committee recommended structural transformation of the decision-making process. This aims to prevent unrealistic delays in national security matters. Timely acquisition of critical equipment and technology is now prioritized.
Chinese proverb of the day offers a timeless lesson about the value of thoughtful inquiry. It encourages people to replace assumptions with understanding and certainty with curiosity. Rather than accepting every idea immediately, we are reminded to explore, learn, and think critically. In today's fast-moving world, where information is abundant but wisdom remains invaluable, this ancient Chinese proverb feels more relevant than ever. The individuals who continue asking meaningful questions, seek
Nelly Furtado shares how motherhood brought her new confidence and control. This life experience revealed unexpected inner strength and resilience within her. She emphasizes that true confidence often grows from love and responsibility. Furtado's career showcases artistic versatility and fearless reinvention throughout her journey. Her legacy highlights personal growth as life's greatest achievements.
CJP nationwide protest: Schools and colleges are expected to remain open on Friday, July 24, as no state government has announced a holiday for educational institutions. The Cockroach Janta Party (CJP) has called for nationwide protests over the alleged NEET-UG paper leak, with demonstrations planned in solidarity with those allegedly subjected to police brutality during the ongoing agitation.
Assam faces unimaginable flood destruction impacting over nine lakh people. Forty-one lives have been lost, and many remain missing after heavy rainfall. Union Home Minister Amit Shah assured central assistance for rebuilding efforts. An inter-ministerial team will soon assess the extensive flood damages. Rescue and relief operations are underway with government and air force support.
Prime Minister Narendra Modi announced fast-track courts for paper leak culprits. These courts will ensure swift and stringent punishment for those involved. The government is taking steps to safeguard students' future interests. Protests continue at Jantar Mantar and in Parliament over the issue. Authorities are working to find guilty parties and plug loopholes.
Today's famous quote of the day by Jason Momoa reminds us that success is rarely accidental. Behind every great achievement is a process, consistent practice, and the willingness to learn from people with experience. His message encourages beginners to value guidance instead of relying only on trial and error. Whether you want to build a career, master a hobby, or improve your daily life, technique often makes the difference between frustration and progress.
Jason Alexander apology: Jason Alexander has apologised to Courtney Stodden over a 2012 comedy sketch after she criticised the portrayal of her as a minor. Stodden, now an advocate against child marriage, also called for stronger child protection laws. Alexander said he regretted the sketch and apologised for any harm it caused.
President Trump warned Iran of significant military punishment for Houthi attacks. He described the Yemen-based militia as a proxy of Tehran. This warning followed Houthi claims of striking two Saudi oil tankers. The Houthis stated the vessels violated their declared naval blockade. This incident ended a year of responsible behavior by the group.

32 C