The Economic Times
Elections 2026Global Business / The Economic Times
Greek Proverb of the Day highlights the meaning of A woman knows nothing except what she wants to know. The saying reflects how human understanding is often shaped by personal interest, perception, and selective attention rather than objective awareness. It suggests that people may choose to focus only on information that aligns with their preferences, emotions, or existing beliefs, while ignoring perspectives that challenge them.
French proverb of the day: French wisdom emphasizes that valuable achievements require effort and perseverance, much like breaking an almond's shell to reach its reward. This ancient proverb teaches that worthwhile goals are rarely attained without facing challenges, making personal growth and resilience essential parts of the journey toward success.
Quote of the Day by Emma Watson: Emma Watsons quote, I don't want the fear of failure to stop me from doing what I really care about, highlights the importance of courage, self-belief, and determination in pursuing meaningful goals. The quote suggests that fear should not become a barrier that prevents people from following their passions or taking important steps in life, and instead encourages individuals to move forward despite uncertainty or the possibility of failure.
Chinese Proverb of the Day highlights the meaning of A woman that always laughs is everybodys wife; a man that is always laughing is an idiot. The saying reflects traditional beliefs about dignity, reputation, seriousness, and social behavior in older societies. It suggests that excessive laughter or carefree behavior could affect how people were judged by others. The proverb also reveals how men and women were expected to behave differently according to cultural norms of the past.
Trump Accounts for kids app explained: Parents can now access the Trump Accounts mobile app, a new government savings program for children. Launched May 28, the app offers financial literacy tools ahead of the official account debut on July 4, 2026. Eligible children born between 2025-2028 will receive a $1,000 seed deposit, with annual contribution limits set at $5,000.
Coco Chanel's enduring quote, 'Look for the woman in the dress. If there is no woman, there is no dress,' emphasizes that true style stems from confidence and individuality, not just clothing. This timeless message continues to inspire, reminding people that personality and self-worth are the true foundations of elegance, especially in today's appearance-focused world.
Gracie Abrams has announced her expansive The Look At My Life Tour, a 64-date global arena run scheduled from December 2026 through May 2027. The tour will take the singer-songwriter across North America, Europe, the United Kingdom, and Ireland, including multiple-night performances in cities such as Los Angeles, Brooklyn, London, Paris, and Berlin. The concerts arrive in support of her upcoming third studio album, Daughter From Hell, releasing on July 17.
India's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean personal liability for company board members if taxes remain unpaid. Companies are hoping for relief from the ruling's details. The government's amnesty scheme might offer a way out for earlier periods.
France's Parliament has voted to abolish the Black Code. This colonial law, enacted in 1685, treated enslaved people as property. For nearly two centuries after slavery's abolition, the law remained on the books. The National Assembly unanimously repealed the decree. Lawmakers acknowledged the deep historical impact of this legislation. The repeal marks a significant step in addressing centuries of injustice.
Reliance Industries is placing Jio Platforms at the core of its future growth. Chairman Mukesh Ambani envisions Jio as a global technology platform driven by AI, digital infrastructure, and clean energy. The company is also strengthening its renewable energy ambitions. Ambani highlighted India's decade of economic and digital transformation. Near-term concerns exist for the oil business due to global factors.
Reliance Retail's premium segment experienced a strong sales recovery and narrowed losses in fiscal year 2026. The acquired Metro Cash & Carry wholesale business also reported increased sales. Reliance's fast-moving consumer goods division, Reliance Consumer Products, incurred a net loss of 125 crore in the final four months of FY26. The company's beverage brand Campa achieved significant gross sales.
India and South Korea will work to reduce the trade gap. Both nations will form special groups to boost cooperation in digital trade, supply chains, and industries. This comes as part of efforts to upgrade their economic partnership. The goal is to increase trade significantly by 2030. Discussions also covered goods, services, and investment rules.
India and Canada are prioritizing areas of agreement for their economic partnership. Sensitive sectors will be excluded from negotiations. The goal is to finalize the Comprehensive Economic Partnership Agreement by year-end. This aims to significantly increase bilateral trade from 17 billion dollars to 50 billion dollars by 2030. Both nations are capturing immediate opportunities.
India is poised to take the lead as the premier growth engine globally, the WEF said, with economists optimistic about substantial progress in the year ahead. India's drive is propelled by robust infrastructure development, significant technological advancements, and proactive trade policies, it added.
Why are gold and silver prices up today, and will precious metals continue to rise or fall again? Gold and silver prices moved higher after the US dollar and oil prices weakened following reports about a ceasefire extension understanding between the United States and Iran. Gold rebounded from a two-month low as investors reacted to US inflation data, Federal Reserve rate outlook, and rising Chinese gold imports. Analysts said precious metals may remain sensitive to interest rates, geopolitical t
Hockey legend Claude Lemieux, a four-time Stanley Cup winner, has passed away at 60. Lemieux was celebrated for his fierce playoff performances, securing championships with the Montreal Canadiens, New Jersey Devils, and Colorado Avalanche. He also won the Conn Smythe Trophy. Known for his physical play, Lemieux later became a player agent. His family has requested privacy.
To enhance the integrity of the NEET-UG retest, the government is devising new strategies. Notably, the Indian Air Force could be involved in the safe transport of test papers. Efforts are underway to find secure facilities outside of banks for their storage needs. This comprehensive approach is aimed at facilitating a fair examination process.
Quote of the day by Jean-Jacques Rousseau still drives powerful conversations about freedom, society, mental pressure, and authentic living. Man is born free, and everywhere he is in chains exposes how fear, social expectations, comparison, and silent emotional control shape modern life. The timeless Jean-Jacques Rousseau quote pushes readers to question success, identity, and inner freedom. It reminds people that real independence begins inside the mind, not outside comfort, wealth, status, or
The Supreme Court has permitted the Manipur government to appoint a Director General of Police from outside the state cadre. This decision comes as the current DGP's term ends and the state faces ongoing ethnic strife. Mukesh Singh, an IPS officer from the AGMUT cadre, is likely to take over as the new DGP.
Quote of the Day by Bradley Cooper: Bradley Coopers quote, When I'm into a woman, I literally can't stop staring. I'm like a little kid. I become completely entranced, reflects the intensity of attraction and admiration that can arise when someone is deeply drawn to another person. The quote suggests a moment of emotional fascination where attention becomes fully focused, highlighting how strong feelings of attraction can feel natural, instinctive, and overwhelming.
National Security Advisor Ajit Doval has stressed the need for a unified approach to counter-terrorism. Speaking in Moscow, he urged an end to double standards in tackling the threat. Doval also highlighted the importance of safe passage for trade through critical waterways like the Strait of Hormuz.
The CBI on Thursday arrested retired judge Giribala Singh, mother-in-law of Twisha Sharma, after the Madhya Pradesh High Court cancelled her anticipatory bail in connection with Sharmas death case. Twisha, a former Miss Pune winner, was found dead at her Bhopal home on May 12, just five months after marrying lawyer Samarth Singh.
Rahul Gandhi intensified his attack on education minister Dharmendra Pradhan over issues in CBSEs On Screen Marking (OSM) system, questioning why the contract was awarded to Coempt, formerly known as Globarena, despite past controversies linked to the firm. In a social media post, Gandhi asked whether proper background checks were conducted and alleged that the government was complicit either way.
Why are oil prices down today, and will Brent and US WTI crude futures continue to drop or rise again? Oil prices moved lower after reports claimed the United States and Iran reached a ceasefire extension agreement. Brent crude and US WTI crude futures also reacted to lower-than-expected US crude stockpile declines. Traders are now watching Middle East developments, Strait of Hormuz traffic, US inventory levels, and Donald Trumps decision on the reported deal.
Canadian Prime Minister Mark Carney is urging a new partnership with the United States. He wants to reimagine cooperation in key sectors facing global competition. This comes as the United States-Mexico-Canada Agreement faces a mandatory review. Canada is also diversifying its trade relationships globally. Carney emphasizes strategic autonomy for Canada in a changing world.
Filmmaker Karan Johar has surprised fans by reportedly unfollowing numerous Bollywood celebrities and close friends on Instagram, including Shah Rukh Khan, Kajol, and Alia Bhatt. This sudden social media activity, which includes actors he launched, has left netizens speculating about the reasons, with some suggesting a possible technical glitch.
A video of Indian tourists dancing Garba on a Vietnam airport tarmac has gone viral. The incident sparked a debate online regarding cultural celebrations in regulated airport zones. While some defended the act as a common festival practice, others questioned the appropriateness and potential impact on India's global image.
The proportion of vessels not linked to Iranian ownership that are transiting the key Strait of Hormuz has risen, according to data from maritime firm Lloyd's List Intelligence shared Thursday. Adding to the uncertainty, Iranian forces have fired at four ships attempting to cross the Strait of Hormuz without authorisation, state broadcaster IRIB reported Thursday.
American oil reserves saw a significant drop last week. Crude oil inventories decreased by 3.3 million barrels. Gasoline stocks also fell by 2.6 million barrels. Distillate stockpiles, including diesel, declined by 2.1 million barrels. These reductions occurred as demand for these products surged. Oil futures initially reacted to news but later recovered.
Quote of the day by Taylor Swift: Taylor Swift emphasizes that protecting personal dignity and emotional well-being is more crucial than deciphering the unclear emotions of someone offering minimal communication. She advises prioritizing self-respect over investing excessive emotional energy into individuals who don't reciprocate with consistent effort or honesty.
Four individuals have been arrested in connection with the kidnapping of six Naga civilians in Manipur. Chief Minister Yumnam Khemchand Singh stated that security forces are conducting intensive search operations to locate the abducted individuals. The state government is treating the incident with utmost seriousness. Coordinated operations are underway to ensure the safe rescue of the hostages.
The chargesheet pertains to eight FIRs registered at Mumbai Naka police station here under Bharatiya Nyaya Sanhita provisions against Raza Rafiq Memon, Shahrukh Husain Shaukat Qureshi, Ashwini Ashok Chainani, Tausif Bilal Attar, Shafi Bhikan Sheikh, Danish Ejaz Sheikh, Nida Ejaz Khan, among others, officials said.
The US has struck Bandar Abbas again. For the second time in less than a week, American forces targeted Iran's most critical southern port city. Bandar Abbas sits on Iran's southern coast, positioned at the northern entrance of the Strait of Hormuz. The strait's narrowest point lies roughly 60 to 70 kilometres away, close enough that whoever controls Bandar Abbas effectively holds a hand on the throat of global oil supply.
The World Health Organization chief is heading to the Democratic Republic of Congo to combat a deadly Ebola outbreak. He pledged full support to the nation, emphasizing that together they will overcome the crisis. The outbreak is severely impacting Ituri province, a region already facing multiple challenges.
Quote of the day: Xunzis words feel especially relevant in the age of social media and constant comparison. Many people assume success comes from doing more, working longer hours, multitasking harder or pushing themselves toward exhaustion. But Xunzis metaphor suggests that real transformation sometimes comes not from increasing pressure, but from changing perspective.
A terror attack struck a Swiss train station leaving three injured. Police arrested a suspect with prior links to Islamic State propaganda. Officials confirmed the incident as a vile terrorist act. Brave citizens, including a teacher, intervened to protect others. The victims are receiving hospital care for their injuries.
An African proverb teaches a vital lesson about humility. It states a bird on an anthill does not realize it is still on the ground. This highlights how small successes can create false pride. The saying remains relevant today, urging people to stay grounded. True greatness comes from wisdom and character, not temporary status.
The United States announced Thursday that it was allocating an additional $80 million to help combat the Ebola outbreak in the Democratic Republic of Congo and Uganda. Secretary of State Marco Rubio vowed on Wednesday to keep Ebola out of the United States.
In its latest Chief Economists' Outlook, the World Economic Forum (WEF) said nearly nine in ten chief economists surveyed expect global growth to weaken over the coming year, though only 13 per cent think there could be a global recession.

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