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Global Business News

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Global Business / The Economic Times

US Army in 1946 sent radar pulse towards moon and something astonishing happened 2.5 seconds later

The year 1946 saw a remarkable feat by the US Army as they bounced radar signals off the Moon, demonstrating that radio waves can traverse the ionosphere. This innovative test, called Project Diana, utilized modified radar equipment from WWII. The successful detection of lunar echoes not only confirmed this capability but also served as a catalyst for the evolution of radar astronomy and the broader realm of space exploration.

13 Aug 2026 1:14 pm
NFL Preseason 2026 Full Schedule Eastern Time [ET] PDF: Check downloadable full list of matches, dates, where to watch and kick-off timings

Mark your calendars! The NFL preseason kicked off on August 6 with the Hall of Fame Game, featuring the Carolina Panthers taking on the Arizona Cardinals. Now the preseason week 1 starts from today. Fans can enjoy an array of games spanning three weeks, broadcasted on local affiliates and national networks, with the NFL Network offering a robust lineup throughout the season.

13 Aug 2026 1:04 pm
Word of the Day: Benes - what it means, origin and usage

Benes can appear as informal shorthand for benefits, while Beneis a Czech and Slovak surname derived from Benedikt, or Benedict. This Word of the Day explores the different uses of the term, its linguistic roots and how context can give the same spelling very different meanings.

13 Aug 2026 12:45 pm
Korean Proverb of the Day: Glasses in my eyes - How perspective shapes our view of beauty

Everyday life shows how opinions differ on art and people. A Korean proverb explains this subjective perception. It highlights that beauty and value are seen through personal lenses. Understanding varied perspectives fosters respect and reduces conflict in relationships. Embracing diverse viewpoints enriches life and strengthens individual growth.

13 Aug 2026 12:17 pm
L&T secures mega order to build Indias largest NVIDIA B300 AI Factory

Larsen & Toubro will build India's largest single-cluster artificial intelligence infrastructure facility. This project marks the company's entry into the AI Factory business. The facility will house ten thousand NVIDIA B300 GPUs for AI workloads. It will combine hyperscale data center infrastructure and accelerated computing capabilities.

13 Aug 2026 12:06 pm
Tamil Nadu govt inks 97 MoUs for commitment of over Rs 67,000 cr at Vettri Tamil Nadu Investors Conclave 2026

Tamil Nadu's government signed ninety-seven new MoUs totaling over sixty-seven thousand crore rupees. These agreements were exchanged at the Vettri Tamil Nadu Investors Conclave 2026 event. The pacts are expected to generate employment for more than one lakh individuals across various sectors. Key industries benefiting include automotive, renewables, and life sciences. Electronics, R&D, and data centres also represent significant investment areas.

13 Aug 2026 12:03 pm
Parliament passes MMDR Amendment Bill 2026 to boost critical mineral exploration

Parliament has approved the Mines and Minerals (Development and Regulation) Amendment Bill, 2026. This legislation aims to enhance mineral exploration and development across India. It provides greater flexibility for mining lease holders regarding additional mineral inclusions. The bill also removes restrictions on the sale of minerals from captive mines.

13 Aug 2026 12:02 pm
Louisiana Vibrio vulnificus kills 5: Are oysters linked to the flesh-eating bacteria? Where is the outbreak spreading?

Vibrio Vulnificus Louisiana Outbreak: Louisiana has reported five deaths linked toVibrio vulnificusinfections, raising concerns about the flesh-eating bacteria found in warm coastal waters. Here is what to know about the outbreak, oysters, symptoms and safety precautions.

13 Aug 2026 11:57 am
Gambhir is 'badhiya banda' but people can't digest his style sometime: Harbhajan

Harbhajan Singh defends Gautam Gambhir against criticism for his coaching methods. He acknowledges Gambhir's straightforward approach may be difficult for some to accept. Gambhir's coaching saw India win major tournaments while facing Test defeats. Harbhajan believes Shubman Gill is an ideal leader for the Indian cricket team. He rates Gill highly as a cricketer and a human being.

13 Aug 2026 11:56 am
SRTT restrained from meet; Tata Trusts says no joint representative can be nominated for Tata Sons AGM, search committee

Tata Trusts said Sir Ratan Tata Trust (SRTT) cannot participate in its meeting due to restrictions imposed by the Charity Commissioner, preventing SRTT and Sir Dorabji Tata Trust from jointly nominating three members to the search committee for N Chandrasekarans successor. Tata Trusts may seek urgent legal relief, while Tata Sons reviews whether its August 18 AGM can proceed.

13 Aug 2026 11:54 am
Aluminium foil hack to clean kitchen cabinet shelves: How this simple trick works, benefits and the right way to use it for easier cleaning

Kitchen cabinet shelves often attract dust and sticky residues, turning cleaning into a difficult task. However, a clever hack using aluminum foil creates a barrier over these shelves, capturing spills and crumbs before they cling to the surface. Once the foil gets dirty, simply peel it off and lay down a fresh piece. This technique streamlines kitchen upkeep and prolongs shelf cleanliness, making your space more manageable.

13 Aug 2026 11:54 am
Marathi mandatory for cab drivers in Maharashtra? New rules may suspend licences

Maharashtra plans to make Marathi language knowledge mandatory for all cab drivers. Drivers failing to meet this requirement face potential license suspension or cancellation. The state transport minister confirmed the August 15 deadline for compliance. This rule aims to improve communication and ensure safer journeys for passengers.

13 Aug 2026 11:52 am
Who is Josh Kushner? From ChatGPT investor to NBA team LA Lakers co-owner, check his net worth and Trump family connection

Josh Kushner, founder of Thrive Capital, is set to buy the Los Angeles Lakers alongside former Disney CEO Bob Iger in a reported $12.5 billion deal. The blockbuster transaction has put Kushner in the spotlight, raising interest in the businessmans career, multibillion-dollar fortune, family background and rise from tech investor to NBA team owner.

13 Aug 2026 11:51 am
US says more oil is leaving Middle East. Is it really?

US Energy Secretary Chris Wright claims nearly nine million barrels daily leave the Strait of Hormuz. Vessel tracking services, however, report volumes closer to half this amount. Total Middle East crude exports remain below pre-conflict levels, according to tracking data.

13 Aug 2026 11:51 am
UK economy unexpectedly grows by 0.3% in June, ONS says

Britain's economy saw unexpected growth in June, with gross domestic product rising. The economy expanded by 0.4% during the second quarter, exceeding forecasts. Keir Starmer resigned as prime minister amid political uncertainty during this period. New Prime Minister Andy Burnham pledged to lower business costs and address household expenses. The Iran war is expected to slow future growth due to rising energy prices.

13 Aug 2026 11:49 am
Jailed Istanbul mayor Imamoglu joins new opposition party amid political turmoil

Istanbul Mayor Ekrem Imamoglu has joined a new political party. This move follows a court order impacting his former party's leadership. The new party aims to challenge President Tayyip Erdogan's long rule. Imamoglu faces corruption charges which he denies. The opposition's splintering could benefit the president's prospects.

13 Aug 2026 11:32 am
Tired of smelly shoes after a long day? Heres how baking soda and vinegar can be your best friends to get rid of the odor

Smelly shoes are a common issue, and simple solutions exist for this problem. Letting shoes air out completely helps reduce moisture and bacteria growth. Baking soda sachets can absorb humidity and eliminate unpleasant smells from footwear. A mixture of baking soda and white vinegar tackles stubborn odors effectively. Regular care and proper drying will keep your favorite shoes fresh.

13 Aug 2026 11:21 am
Quote of the Day by Chinese philosopher Mencius: The great man is he who does not lose his - Why retaining our original innocence is the ultimate form of maturity

Ancient philosopher Mencius believed true greatness lies in retaining a child's heart. Modern pressures can erode qualities like kindness and curiosity over time. Mencius's teaching suggests maturity does not require sacrificing sincerity and compassion. This wisdom encourages preserving essential human qualities despite life's complexities. Adults can gain wisdom without losing their innate sense of wonder and care.

13 Aug 2026 10:13 am
Iran calls for environmental safeguards for Strait of Hormuz amid oil pollution along Qeshm Island coast

Iran's foreign ministry spokesperson highlighted environmental concerns regarding oil pollution. Recent pollution along Qeshm Island shores points to a foreign bulk carrier. Iran demands compensation for extensive environmental damage over decades. The Strait of Hormuz will remain closed until US conditions are met. Commercial shipping continues under tight security amid volatile regional tensions.

13 Aug 2026 10:11 am
Rubio, Bessent stayed on decoy flight from Turkiye as Trump switched planes, official says

Trump was secretly moved to a smaller military jet after an Iranian threat during his return from the NATO summit in Trkiye. Secretary of State Marco Rubio and Treasury Secretary Scott Bessent remained on a decoy aircraft, while journalists and some White House staff believed Trump was aboard.

13 Aug 2026 10:05 am
From black boots to pastels: How Italian prime minister Giorgia Melonis style mirrors her politics

Since taking office, Giorgia Meloni's fashion has undergone a remarkable transformation. Embracing pastel hues and elegant silhouettes, she projects an aura of confidence and authority. This shift not only aligns with her pragmatic stance on the European Union but also signifies her evolution from an outsider to a respected leader.

13 Aug 2026 10:04 am
Bought something last year from an overseas vendor? It might be time to check your bank a/c

Following a Supreme Court ruling that mandates the return of collected tariffs, major shipping companies are now issuing significant refunds to consumers.

13 Aug 2026 9:57 am
Gold prices rise Rs 1,400/gram in 2 days; silver dips marginally despite soft US inflation. What should investors do?

Gold prices rose Rs 1,400 in two sessions, while MCX silver slipped marginally as softer US inflation lowered expectations of a near-term Fed rate hike. Investors now await US PPI data for further cues, while analysts expect profit booking in gold.

13 Aug 2026 9:42 am
Who was Brenda LeBlanc? Human remains found in Canadas Niagara Falls unravel a decades-long missing person mystery

Human remains found during a 2023 demolition were identified as Brenda Marie LeBlanc. She had disappeared in the 1990s and was originally from New Brunswick. Genetic genealogy identified the remains in 2025 after years at the vacant property. Police are investigating LeBlanc's death as a homicide after the discovery. Authorities seek information regarding LeBlanc's whereabouts and activities during the 1990s.

13 Aug 2026 9:22 am
Ford to move production of some Lincoln models from China to US

Ford plans to move some Lincoln vehicle production from China to the United States. This significant shift is scheduled to begin in the year 2030. Tariffs and restrictions on Chinese technology influenced this strategic decision. US-produced models will be sold within the domestic American market. This move aims to bolster the American auto manufacturing base.

13 Aug 2026 9:08 am
Barbie is 'dead'? Greta Gerwig, Margot Robbie and Warner Bros. in bizarre money fight over the $1.4 billion Hollywood sensation's future

Warner Bros. and the Barbie creative team face stalled sequel negotiations. The team seeks higher upfront and backend compensation for the film. The studio has made multiple offers which were reportedly rejected. Active development is needed within four months to retain rights.

13 Aug 2026 9:02 am
American Airlines shakes up leadership as CEO faces pressure to close profit gap

American Airlines is reorganizing its senior management team. New roles are being added to broaden oversight and boost performance. A former Spirit Airlines executive will now lead technical operations. The airline aims to close its profit gap with competitors like Delta and United. These changes are the first step in strengthening the team and accelerating execution.

13 Aug 2026 8:06 am
Powerball jackpot hits $1 billion: Check ticket rules and drawing time

Powerball draw: The Powerball jackpot has soared to approximately one billion dollars, marking it as the eighth-largest prize ever in the games history. The last winning jackpot was awarded to two fortunate players on May 2. Drawings take place every Monday, Wednesday, and Saturday evening, with tickets available in forty-five states and additional territories.

13 Aug 2026 7:54 am
Donald Trump is making a rare Western trip to raise cash for Republicans and talk about the economy

President Trump visits California and Nevada to contrast his economic policies with Democrats. He aims to bolster Republican support in upcoming November elections. Trump will discuss the economy and criticise Democratic policies during his trip. California's governor criticizes the president's visit as a fundraising and attack mission.

13 Aug 2026 7:53 am
Gold advances as mild US inflation data puts Fed rate hike in doubt

Gold prices have soared to a two-month peak as consumer inflation in the U.S. showed signs of cooling. This easing in inflation has reduced the likelihood of an immediate interest rate hike by the Federal Reserve. Financial markets are now looking forward to the upcoming producer price data to validate this trend.

13 Aug 2026 7:31 am
Oil drops on lower demand forecasts despite deadlock in US-Iran talks

Oil prices dipped as demand forecasts for 2026 were lowered due to the U.S.-Israeli war on Iran. Despite supply concerns from the conflict, a surprise build in U.S. crude inventories and stalled talks with Iran are impacting the market, with shipping risks in key straits adding to volatility.

13 Aug 2026 7:31 am
Trump sued over service that offers paid early access to Truth Social posts

Donald Trump is facing a lawsuit from The Intercept and Freedom of the Press Foundation seeking to halt Truth API, a paid service offering early access to his Truth Social posts. The plaintiffs allege the service violates the First Amendment and creates financial conflicts because Trump, Truth Media's largest shareholder, benefits.

13 Aug 2026 6:15 am
Quote of the day by Hilary Duff, 'People are going to say what they want to say and think what they want to think, and I can't change their minds' offers timeless powerful wisdom on opinions, judgment, staying true to yourself, reveals psychology about confidence, identity, self-worth, maturity, personal growth

Quote of the day by Hilary Duff offers a simple but powerful reminder about personal freedom. Other people will form opinions, make assumptions and interpret our choices through their own experiences. We cannot control all of that, and trying to do so can distract us from the life directly in front of us. What we can control is how thoughtfully we respond, whose advice we value, which criticism we learn from and which judgments we leave behind.

13 Aug 2026 5:50 am
Quote of the day by Reese Witherspoon, 'Lord knows, every day is not a success, every year is not a success. You have to celebrate the good' offers timeless wisdom on happiness, optimism, positive thinking, emotional strength, courage, reveals psychology about inner peace, acceptance, celebrate each moment even when life isn't perfect

Quote of the day by Reese Witherspoon is a reminder that a meaningful life cannot be reduced to a perfect record of achievements. Every day will not produce a victory, and every year will not unfold according to plan. There will be missed opportunities, unexpected changes, disappointments and moments when progress seems frustratingly slow. But there will also be laughter, connection, growth, kindness, courage and unexpected reasons to be thankful.

13 Aug 2026 3:04 am
In 1847, a Scottish obstetrician showed the world the use of a vital medicine while helping women during childbirth and making surgeries safe and painless, changing the course of medical science forever

In 1847, a Scottish obstetrician showed the world the use of chloroform as an anaesthetic during childbirth and surgery. Sir James Young Simpson tested the substance with colleagues in Edinburgh and later used it to reduce pain. His work helped spread anaesthesia in medicine and changed how doctors approached childbirth and surgical procedures.

13 Aug 2026 2:46 am
In 1893, a German inventor and mechanical engineer invented a high-efficiency compression-ignition engine originally intended to run on alternative fuels but his invention turned popular years after his demise due to financial troubles: How did Rudolf Diesel changed the world?

In 1893, Rudolf Diesel published his design for a compression-ignition engine that aimed to improve engine efficiency and reduce dependence on existing steam and gasoline systems. His work later became the basis of diesel engines used in ships, trains, trucks, generators and industrial machines. Diesel also explored vegetable oils as fuel. His career later faced financial problems before his disappearance at sea in 1913.

13 Aug 2026 2:18 am
European proverb of the day: 'A fair face may...' Life lessons from motivational proverb on true character, hidden motives, deception, appearance and physical beauty

European proverb of the day: A fair face may hide a foul heart teaches that physical beauty and a pleasant appearance do not reveal a person's true character. The proverb warns against judging people through looks, smiles or polite words. It says that actions, behaviour and time are better ways to understand intentions, character and motives.

13 Aug 2026 1:37 am
White House press secretary Karoline Leavitt to leave role at month-end, Trump says

White House Press Secretary Karoline Leavitt will depart her role in August. She wishes to dedicate more time to her young children and family. Leavitt will continue serving as a top outside advisor to the President. She has been praised for her work since 2018 and her influence. Leavitt will also assist the Republican Party in upcoming midterm elections.

13 Aug 2026 1:25 am
Arabic proverb of the day: 'A promise is a cloud; fulfillment is...' Life lessons from motivational proverb on accountability, trust, and the value of actions over words

Arabic proverb of the day explains how promises gain value through action. The saying compares a promise with a cloud and fulfillment with rain. It teaches that words can create hope, but actions create results. The proverb also connects trust with accountability, consistency, reputation and past behavior. Its message remains useful in relationships, work and daily life.

13 Aug 2026 1:15 am
Swahili proverb of the day: 'Love has to be shown by deeds not...' - this African saying teaches motivational life lessons on showing love through meaningful actions, building stronger relationships and why saying I love you isn't enough

Swahili proverb of the day: A Swahili saying teaches us that love is best expressed through tangible actions. True affection manifests not in grand promises, but in small, thoughtful deeds performed daily. Such consistent efforts pave the way for trust and solidify relationships, reminding us that our actions reveal the importance of those we cherish.

13 Aug 2026 1:06 am
Quote of the Day by Ed Sheeran: I want to have a career that Inspiring lessons on adaptability, opportunities, change, resilience and why growth comes from stepping outside your comfort zone by the English singer known for his powerful performances and deep insights on life, work and goals

Quote of the Day by Ed Sheeran: Ed Sheerans quote, I want to have a career that evolves as I go on, explores the importance of growth, adaptability, creativity, and continuous development in professional life. The quote suggests that a successful career does not have to remain fixed, but can change naturally as a person gains experience, discovers new interests, and embraces new opportunities.

13 Aug 2026 12:50 am
Quote of the day by Blake Lively: 'The most powerful thing is for women not just to be..' Life lessons from motivational quote on female empowerment, self-advocacy and active leadership

Quote of the day by Blake Lively focuses on women becoming agents of change instead of only receiving the benefits of progress. Her statement about female empowerment, self-advocacy and active leadership explains why women can take ownership of their narratives, question limits, use their voices and take part in decisions that shape workplaces, industries and society.

13 Aug 2026 12:41 am