The Economic Times
Elections 2026Global Business / The Economic Times
The Indian Cyber Crime Coordination Centre has launched two new portals. The Grievance Redressal Mechanism portal helps unfreeze wrongly frozen bank accounts. The Money Restoration Module portal facilitates the return of money lost to cyber fraud. These initiatives aim to provide timely relief to citizens affected by cybercrime.
Chinese Money Plant leaves hide a mathematical pattern shaping leaf veins in Voronoi geometry. This discovery shows nature using precise leaf vein mathematical design for efficiency. Tiny hydathodes guide water flow and create balanced networks. Scientists link it to plant biology breakthroughs and bio-inspired engineering. It changes how we see houseplant leaf structure and natural optimization in everyday greenery systems.
Psychology suggests that even ordinary disagreements can reveal surprising insights about human behavior. The real story is not about cilantro itself, but about the remarkable ways in which different brains perceive and interpret the very same experience.
Quote of the Day by Sylvia Plath: Sylvia Plaths quote, There is so much hurt in this game of searching for a mate, of testing, trying. And you realize suddenly that you forgot it was a game, and turn away in tears explores the emotional challenges, vulnerability, and uncertainty that often accompany the search for love and companionship.
UAE Lottery Lucky Day Draw results: UAE Lottery's Lucky Day draw on June 17 revealed winning numbers for its Dh30 million Grand Prize. Draws occur Wednesdays and Saturdays, offering substantial cash prizes. Participants select six numbers from 1 to 31, with tickets costing AED 50. Eligibility requires players to be 18 or older and registered on the official platform. Responsible play is encouraged.
Messaging app Telegram has informed an Indian court that blocking the platform would violate constitutional rights. This statement comes as Telegram challenges a government order to temporarily block its services. The government's aim was to prevent exam fraud. Telegram's petition argues against the ban, highlighting the importance of platform access.
India and the European Union are set to sign a major free trade agreement by year-end. This follows talks between Prime Minister Narendra Modi and EU leaders. Security and defense cooperation will also increase. Both sides will advance the India-Middle East-Europe Corridor for better connectivity. This agreement marks a significant step in bilateral relations.
Axis Bank has partnered with BITS Pilani to establish a Rs 100 crore Industry Research, Technology & Innovation Park at its Hyderabad campus. This initiative aims to bolster India's deep-tech and translational research ecosystem, focusing on life sciences, biopharma, and healthcare solutions. The park will foster industry-academia collaboration, innovation, and entrepreneurship.
Life Lesson of the Day by Michelle Obama: Michelle Obamas quote, Do not bring people into your life who weigh you down explores the importance of healthy relationships, personal growth, and emotional well-being. The quote suggests that the people we choose to surround ourselves with can have a significant impact on our mindset, confidence, and overall quality of life. It encourages individuals to build connections with those who offer support, encouragement, and positivity rather than constant n
A proposed US-Iran peace pact involves reopening the Strait of Hormuz, ending the blockade, and pausing nuclear enrichment for 60 days. US leaders state that economic benefits remain strictly dependent on verifiable changes in Iran's behaviour, a conditional framework that has gained formal backing from G7 heads of state.
The Sikkim Dear Regal Wednesday Weekly Lottery, operated by the Directorate of Sikkim State Lotteries, offers a first prize of 1 crore. Ticket prices range from 6 to 7, with special bumper draws costing more. The lottery features a multi-tier prize structure, including consolation prizes and rewards based on matching digits.
Psychology suggests that the last piece of cake is rarely just about food. It often becomes a symbol of opportunity, social comfort and the choices people make in group settings. The key insight is that those who take the final slice are not automatically being selfish.
Sahil Dhull left a senior role at Cohesity due to a persistent urge to pursue an idea, launching AGI Interfaces. The venture is developing AI-powered glasses and a ring with proactive software agents, aiming to reduce smartphone dependence and evolve interaction models for a post-smartphone future.
A Tanishq employee planned a massive jewellery heist worth Rs 4 crore. He used his upcoming wedding as a cover to steal keys and execute the robbery. Police have arrested the employee, his girlfriend, and his father. They recovered a significant portion of the stolen gold and cash. Investigations are ongoing to apprehend remaining suspects and recover all stolen items.
Mumbai faces its driest June in over a decade. Water supply to construction sites is cut. Industrial usage is reduced by 20%. Reservoir levels are critically low, holding only 40 days of water. This measure comes as Maharashtra receives significantly less rainfall than average. Monsoon rains are now expected later this month. The situation impacts millions in India's financial capital.
Prime Minister Narendra Modi and UK Prime Minister Keir Starmer were overheard at the G7 summit appearing to confirm a breakthrough in implementing the UK-India trade deal. Their exchange suggests outstanding issues, potentially including steel safeguard measures, have been resolved, paving the way for the agreement's early entry into force.
Pizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outside China to LongRange Capital, while Yum China acquires the China operations. This division highlights Pizza Hut's contrasting fortunes globally and in China.
Google's Android 17 update brings a host of new features, including enhanced multitasking with 'Bubbles' and simplified content creation via 'Screen Reactions'. Gemini now offers music generation, while foldables get a dedicated gaming mode. Privacy sees improvements with a new contact picker, and India gains Manual Call Screen. Expect a visual refresh and performance boosts.
US President Donald Trump has suspended a Senate hearing on Jay Clayton's nomination for intelligence chief, saying on Wednesday he wanted to be sure Clayton's current post as prosecutor will be filled by the man of his choosing. DNI today, and will not be going forward until Jamie McDonald is approved to be US Attorney, he said.
Recent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude oil extraction. These targeted actions seek to undermine Russia's financing for the ongoing conflict. While production may be down, oil exports have surprisingly held steady. In response, Russia is now focusing its efforts on ensuring domestic energy needs are met.
Benjamin Netanyahu's grip on power is weakening. Facing corruption charges and criticism over security lapses, he now confronts voters' judgment on his handling of recent conflicts and Israel's U.S. alliance. Despite opinion polls suggesting a loss, Netanyahu's political resilience remains a factor. His legacy is increasingly debated as the region's dynamics evolve.
G7 leaders at the summit in Evian-les-Bains engaged in candid off-the-cuff conversations captured by hot mics, discussing sports, personal habits, and even a cryptic remark about Greenland. Moments included Trump's 'I'm the boss!' declaration, Meloni's successful quit from smoking, and discussions about soccer and gift exchanges.
A young inventor from Tamil Nadu, Vinisha Umashankar, developed a solar-powered ironing cart to replace polluting charcoal irons. Her innovation, inspired by observing street vendors, gained global attention and was recognized by leaders like Joe Biden and Prince William. Vinisha's journey highlights how everyday observations can lead to impactful environmental solutions.
Psychology suggests that everyday habits often reflect deeper emotional needs. Saying goodbye multiple times is rarely a sign of indecision; more often, it is an expression of connection and a desire to prolong meaningful interactions.
United States is reducing its military assets pledged to NATO. NATO chief Mark Rutte stated this is not a US withdrawal but an adjustment. European nations are expected to assume greater responsibility for their own defence. This move comes as NATO leaders prepare for a summit with US President Donald Trump.
Economists are divided on the U.S. economic outlook, with some predicting rate cuts due to consumer weakness and falling real wages, while others foresee hikes amid strong growth and inflation. Geopolitical tensions, oil price volatility, and AI investment add to the uncertainty. The Federal Reserve faces a complex decision on its next interest rate move.
G7 leaders are calling a US-Iran deal a historic chance. They also agreed to put more pressure on Russia regarding its Ukraine invasion. The leaders will meet with AI company heads to discuss online safety. Discussions also involve increasing air defense for Ukraine and strengthening sanctions on Russia's economy. The summit focuses on these key geopolitical issues.
Bengaluru leads India in pet pampering, with most spending on treats and premium items. Cat food demand is high, making Mumbai the cat capital. Pet owners are shifting to wellness, with grain-free food and supplements growing. Bird and rabbit food orders also show significant increases, indicating a broader range of pets in Indian homes.
Despite vast desert landscapes, Saudi Arabia imports construction-grade sand due to its smooth, wind-shaped grains being unsuitable for concrete. The kingdom requires angular, rough sand for its ambitious Vision 2030 projects, highlighting a global shortage and the need for sustainable alternatives like recycled materials.
India's defence production has surged to a record Rs 1.78 lakh crore in FY26, nearly quadrupling since 2013-14. This growth, fueled by the Aatmanirbhar Bharat program and a record defence budget, signifies the emergence of a robust defence-industrial ecosystem with expanding private sector participation and record exports.
Israel is launching a major national plan to boost its artificial intelligence capabilities. The government aims to make the country a global leader in AI technology. This initiative will integrate AI across all sectors, from economy to public services. Israel will focus on developing its own computing power and fostering international partnerships.
Indian Railways must refund five rupees to a passenger. The railways also have to pay ten thousand rupees in costs. This follows a consumer commission ruling in Ludhiana. The passenger received less refund than expected after cancelling a train ticket. Railways failed to inform the passenger about a bank deduction. The commission found this to be an unfair trade practice.
Kerala lottery results today: Kerala Lottery Dhanalekshmi DL-57 results for Wednesday, 17 June 2026, have been officially declared. Ticket holders can now check their numbers for the Rs 1 crore first prize and other attractive cash rewards. Full list of other winning numbers here.
America has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies were flagged for national security risks. The US aims to prevent further escalation of tensions with Beijing.
Jaguar Land Rover is launching a new growth plan. The company will offer more engine choices, including electric and hybrid options, for its Range Rover, Defender, and Discovery brands. Jaguar will become fully electric. This strategy aims for significant revenue growth and focuses on expanding in North America. Five new vehicles are planned for release in the next two years.
A Bengaluru software architect reported his company laid off 90% of its tech staff, attributing the cuts to AI adoption and reduced customer demand for new features. Management believes they can rehire developers if the AI strategy fails, citing an oversupply of talent in the city. The remaining three architects are now handling the bulk of the work.
A Russian warship fired warning shots near a British yacht in the English Channel. British Prime Minister Keir Starmer described the incident as reckless and deeply concerning. The Russian defence ministry stated the shots were fired after failing to contact the yacht. Britain's defence ministry called it an isolated event.
Kazakhstan is investing $10 billion in artificial intelligence infrastructure. Agreements with Firebird and NVIDIA will build advanced data centers. This project aims to make Kazakhstan a regional AI computing hub. It is expected to boost exports and create jobs. The country is prioritizing digitalization and AI development.

40 C