The Economic Times
Elections 2026Global Business / The Economic Times
Himachal Pradesh Earthquake: A 5.0-magnitude earthquake struck Chamba district in Himachal Pradesh on Friday night. The tremor occurred at 10:04 pm and was felt across Chamba and nearby areas. Mild tremors were also reported in the state capital, Shimla. No casualties or major damage have been reported so far. The earthquake's epicentre was located at a shallow depth of 5 kilometres.
Assam's government employees and pensioners will see a Dearness Allowance and Relief increase to 60 percent. A second state capital region is being established in Dibrugarh, with development plans and infrastructure funding. Rules for promoting Grade IV employees to Grade III positions are amended.
Quote of the day: This quote continues to resonate because it addresses a challenge nearly everyone faces: seeking genuine fulfillment in a society that often defines happiness for us. Princess Diana reminds us that a meaningful life is not measured solely by romantic relationships. Purpose, rewarding work, and personal growth can be equally powerful sources of happiness and self-worth.
Major automakers like Hyundai, Maruti Suzuki, and Tata Motors are offering significant discounts and benefits on select car models throughout June 2026. Savings can reach up to Rs 2.15 lakh on vehicles such as the Maruti Suzuki Invicto, with various incentives including cash discounts, exchange bonuses, and corporate offers available.
Russia could attack a NATO country within four years according to western intelligence assessments, UK Prime Minister Keir Starmer warned on Friday. It is our intelligence assessment and the assessment of other countries in NATO that there could be an attack by Russia on NATO as soon as 2030, Starmer said.
S&P 500, Dow and Nasdaq down today: Wall Street ended the week in the red as a robust US jobs report fueled fears of prolonged high interest rates. Tech stocks, especially semiconductors, bore the brunt of the sell-off. Investors are now seeking refuge in defensive sectors, while global shipping and energy concerns add to market jitters.
Friday quote of the day work: Warren Buffett, the Oracle of Omaha, stresses that a leader's reputation takes years to build but can be destroyed in moments. This wisdom underscores the need for consistent ethical behavior and accountability. In today's fast-paced world, trust is paramount. Leaders must prioritize integrity in every decision to maintain credibility and inspire confidence among their teams and stakeholders.
India's economy shows a strong foundation with 7.7 percent GDP growth for fiscal 2025-26. Prime Minister Narendra Modi stated India is the world's fastest-growing major economy. He emphasized collective citizen efforts in managing global turmoil. Development projects worth Rs 2,970 crore were launched in Daman. Modi assured continued fast-paced progress on the path of reform, performance, and transformation.
The union government has extended Reserve Bank of India deputy governor Swaminathan Janakiraman's term for another two years with effect from June 26, 2026, the central bank announced Friday.
French proverbs highlight how personal experiences shape our understanding of life, emphasizing that everyone views the world from their unique perspective. This timeless wisdom encourages empathy and patience, reminding us that differing viewpoints are valid and crucial for stronger relationships and a richer understanding of the world.
Amidst the excitement leading up to the World Cup, FIFA has encountered a snag: about 60 tickets that were mistakenly given away for free have now been cancelled due to a website malfunction. The fans who were delighted to snag a free pass are being notified to settle the correct fees.
The ancient Arabic proverb, Trust in God, but tie your camel, emphasizes the crucial balance between faith and personal responsibility. It teaches that while belief in a higher power is important, individuals must also actively take action and prepare for desired outcomes.
India's U18 Men's Hockey Team secured a thrilling 5-3 victory over Pakistan in the U18 Men's Asia Cup semi-final. Trailing until the final quarter, India mounted a strong comeback with exceptional attacking play. Ashish Tani Purti was instrumental, scoring four goals to lead India to the final. They will now face Japan for the championship title.
India's GDP growth of 7.7 per cent in FY2025-26 came in higher than anticipated in the Second Advance Estimates (SAE), reflecting the resilience and robustness of the Indian economy despite global headwinds, Secretary, Ministry of Statistics and Programme Implementation (MoSPI), Saurabh Garg said.
Love Quote of the Day by Colm Toibn: Colm Tibns quote, Some of our loves and attachments are elemental and beyond our choosing, and for that very reason they come spiced with pain and regret and need and hollowness and a feeling as close to anger as I will ever be able to imagine, explores the deeply complex nature of human relationships and emotional attachment.
India has launched E85 ethanol-blended fuel in Delhi, priced significantly lower than standard petrol. This move aims to reduce crude oil dependence and promote cleaner mobility. While fuel efficiency may decrease, the cost savings and planned expansion of dispensing stations are expected to drive adoption of flex-fuel technology.
A new study reveals octopuses possess remarkable intelligence. These sea creatures can now use mirrors to find hidden food. This ability was previously observed only in animals with backbones. Researchers at Dartmouth College conducted the study. The findings suggest octopuses have advanced spatial reasoning. This discovery challenges our understanding of animal cognition and evolution.
Love Quote of the Day by James Joyce: James Joyces quote, Her lips touched his brain as they touched his lips, as though they were a vehicle of some vague speech and between them he felt an unknown and timid pressure, darker than the swoon of sin, softer than sound or odor, explores the intense emotional and sensory experience of human intimacy. The quote suggests that love and attraction are not only physical experiences but also deeply mental and emotional, influencing both thought and feeling
India has achieved widespread mobile phone ownership. However, a significant digital divide persists. More than a quarter of Indian homes lack internet access. This gap now focuses on opportunity rather than just access. Digital skills and gender disparities are key challenges. Future policies must address these issues alongside infrastructure.
India and the United States are close to finalizing an interim trade agreement. The first phase of this pact is anticipated to be executed by mid-next month. A high-level US team is scheduled to visit India later this month for further discussions. Negotiations aim to resolve outstanding issues and secure favorable terms for India.
Quote of the Day: Nicholas Sparks has spent decades writing about the surprising ways life unfolds, and this quote captures that message beautifully. It encourages us to welcome uncertainty with hope rather than fear, trusting that sometimes the future we never imagined becomes better than the one we originally planned.
Quote of the Day: Ancient Greek philosopher Plato offered timeless wisdom on handling criticism. His words advise living a life of such honesty and integrity that false accusations lose their power. This approach emphasises that consistent actions and character build a reputation stronger than any spoken falsehood.
A 26-year-old barista from Nagaland is building a caf in Bengaluru. Whilst studying English literature, he is also running a side hustle. He has spent four years building up contacts and sourcing coffee beans from Nagaland. His determination and vision have inspired people across social media, with many eager to back his venture and visit the caf once it opens.
Reserve Bank of India Governor Sanjay Malhotra confirms the 4 percent inflation target remains unchanged. He raised the FY27 inflation forecast to 5.1 percent due to global factors. Monetary policy actions will depend on inflation becoming broad-based and persistent. The central bank will monitor global supply chain pressures and monsoon impact closely.
Quote of the Day by Anne Frank: Anne Franks quote, I've reached the point where I hardly care whether I live or die. The world will keep on turning without me, and I can't do anything to change events anyway, reflects the deep emotional strain, fear, and helplessness experienced during extreme isolation and wartime conditions. The quote highlights how difficult circumstances can affect a young mind, leading to feelings of hopelessness and disconnection from life.
Iran's Foreign Minister Abbas Araghchi has rejected the possibility of Supreme Leader Ayatollah Mojtaba Khamenei meeting US President Donald Trump. Araghchi stated that such a meeting is not realistic. The new Supreme Leader was appointed in March following the death of his father. Araghchi also commented on the new leader's active role and security considerations for his public absence.
India maintains the Indus Waters Treaty remains suspended. This decision follows Pakistan's alleged support for cross-border terrorism. The treaty will not be restored until Pakistan ceases these activities. India's stance on hydroelectric projects and international engagements remains firm.
Greek proverb of the day: A Greek saying warns that generosity alone does not guarantee loyalty. A proverb about feeding a wolf highlights the need for discernment. Kindness must be balanced with judgment. People should consider character and set boundaries. This ancient lesson remains relevant for navigating human relationships today. Wisdom guides effective support.
Cockroach Janta Party founder Abhijeet Dipke is traveling to India to protest at Delhi's Jantar Mantar, demanding the resignation of the Union Education Minister over alleged examination irregularities. Dipke plans a peaceful demonstration after seeking official permission, emphasizing constitutional and democratic methods.
Astronauts aboard the International Space Station received urgent orders to shelter in their spacecraft. This directive came as a Russian crew works to fix a worsening air leak on their section of the orbital laboratory. NASA mission control instructed the four astronauts to don their spacesuits. This preparation is for a potential emergency evacuation if the air leak escalates.
The psychology of manipulation shows that it is often subtle behaviors, rather than obvious actions, that shape emotional dynamics in modern relationships. Patterns such as inconsistent attention, carefully curated identities and digital ambiguity are closely linked to core aspects of human psychology and influence how people connect and respond to one another.
Gold rate today: U.S. Treasury yields jumped after the release of the jobs data, increasing the opportunity cost of holding non-yielding bullion.
Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare companies 35,000.
The head of the International Atomic Energy Agency has declared a recent drone attack on the Barakah nuclear plant in the UAE a serious compromise of nuclear safety. The United Arab Emirates has blamed pro-Iran militants for the incident. The attack targeted an electricity facility, raising concerns about potential shutdowns.
America's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen across most industries. Despite this, wage gains are modest. Financial markets reacted to the strong report. Many young people and laid-off workers still face challenges finding work.
Iran's navy reported firing warning missiles and drones at U.S. warships in the Gulf of Oman, accusing the U.S. Navy of harassment. This follows the U.S. interception of a sanctioned vessel in the Indian Ocean, highlighting ongoing tensions over maritime security and sanctions enforcement.
India's seafood exports increased by 70 per cent in dollar terms from 2014 to 2025, contrasting sharply with a global international seafood trade expansion of barely 12 to 12.5 per cent during the same period.
Tutankhamun iron dagger: A mysterious iron dagger discovered in the tomb of King Tutankhamun has finally had its origin explained. Scientists found that the blade was forged from meteoritic iron, meaning the metal came from a meteorite that fell to Earth. The discovery helps explain how ancient Egyptians possessed iron centuries before large-scale iron smelting was developed. Highly prized and incredibly rare, this metal from the sky was likely reserved for royalty and served as a powerful symbo
Quote of the Day: Fashion icon Coco Chanel's wisdom, Dont spend time beating on a wall, hoping to transform it into a door, resonates deeply. It teaches that true strength lies in recognizing closed paths and courageously forging new ones, a lesson learned from her own revolutionary career. Chanel's legacy is not just in her designs, but in her mindset of innovation and independence.
Anime enthusiasts have a major date on June 19 as renowned studio MAPPA will reveal fresh information about six popular titles during its 15th Anniversary Event. Excitement is high for updates on Jujutsu Kaisen, Attack on Titan The Final Season, and the highly anticipated Chainsaw Man: Assassins Arc, among others.
Facebook user privacy settlement: Facebook users who previously cashed their initial privacy settlement payment are now eligible for a second distribution. This comes from leftover funds in the settlement, with new checks and digital payments beginning to be distributed in early June. Approximately 15.7 million eligible recipients will receive smaller payouts automatically.

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