The Economic Times
Elections 2026Global Business / The Economic Times
Psychology suggests that adults who hold on to special items are rarely acting irrationally. More often, they are trying to preserve something meaningful, such as security, comfort, possibility or hope. The challenge is that the brain can sometimes overlook an important reality: many treasured things are meant to be enjoyed and experienced, not saved indefinitely.
India's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlighted that these liabilities have reached 90.51 lakh crore. States are advised to reduce these debts over time. Accurate reporting is crucial for understanding the true scale of state finances and ensuring fiscal transparency. This will aid informed decision-making by policymakers.
As the animal lay dying, Aldo Leopold looked into its eyes and saw what he later described as a fierce green fire fading away. In that moment, something changed. The young hunter who believed that fewer wolves meant more deerand better huntingbegan to realize that neither the wolf nor the mountain agreed with such simple thinking.
Uttar Pradesh schools affiliated with the Basic Education Council and recognized institutions have extended summer vacations until June 24 due to severe heatwave conditions. Regular classes will now commence on June 25, with staff reporting earlier for preparations. This move prioritizes student safety and aims for academic calendar uniformity.
Google CEO Sundar Pichai emphasizes that leaders must focus on others' success. True leadership means helping teams grow and reach their potential. This approach builds stronger organizations and fosters loyalty. Business owners should create opportunities for employees and partners. This collaborative mindset drives long-term success. The most respected leaders inspire and mentor others.
French proverb of the day: A French saying reveals a truth about love. It states that in romance, one person often suffers while the other is bored. This reflects the reality of emotional differences in relationships. The saying encourages partners to be aware of these imbalances. It stresses the importance of communication and mutual effort for a strong connection.
A Spanish game called Billarda has gone viral on Indian social media. Many Indians recognize it as their ancient game, gilli danda. Videos show players flicking a small stick with a larger one towards a target. This has brought back childhood memories for many. Gilli danda is believed to be over 2,000 years old.
The US military is secretly guiding oil tankers through the Gulf of Oman. This operation uses drones and helicopters to facilitate ship-to-ship transfers. The goal is to keep energy exports flowing despite regional tensions. At least 116 ships have been involved since May. This method mirrors tactics used by Iran to bypass sanctions. The transfers occur near Fujairah and Sohar.
Morgan Housel, a renowned financial writer, shares a powerful money lesson. He explains that spending to impress others is the quickest route to financial decline. True wealth is built by saving and making wise choices, not by displaying possessions. Housel's insights from 'The Psychology of Money' highlight the difference between appearing rich and actually being financially secure.
India's digital payment system, UPI, has expanded its global reach with a launch at Galeries Lafayette in Nice, France. This move strengthens economic and technological ties between India and France. Following its introduction at the Eiffel Tower earlier this year, UPI is now available in nine countries. This allows Indian travelers to make easy payments abroad using familiar platforms.
During a significant summit in France, Prime Minister Narendra Modi engaged in crucial discussions with Canadian Prime Minister Mark Carney. They focused on fortifying their nations' relationship through avenues like commerce, renewable energy, and educational partnerships.
Forget the internet, there's a hidden superhighway under your feet, and it's almost a billion Sun trips long and scientists have now mapped this underground fungal network for the first time. The study shows that these fungal networks stretch about 110 quadrillion kilometers across Earth. They help plants obtain nutrients and water, move around 4 billion tons of carbon dioxide into soils each year, and support ecosystems. Researchers say the findings could help conservation efforts, climate plan
A young woman achieved significant weight loss without gyms or crash diets. She focused on walking 10,000 steps daily and eating home-cooked vegetarian meals. This approach led to a 5 kg loss in just a few months. Her journey highlights the power of consistent, simple lifestyle changes for effective weight management.
Spanish proverb of the day: It reminds us that difficult moments often carry unexpected value. Challenges teach perspective. Failure reveals opportunity. Hardship builds resilience. Life lessons emerge through experience. Personal growth begins when we stop resisting change and start discovering the wisdom hidden within every obstacle.
Today's school assembly news covers significant national developments including new prescription mandates for medicinal syrups and ISRO's upcoming PSLV launch. Internationally, a potential US-Iran agreement and G7 cooperation on China are highlighted, alongside a B-52 bomber crash. In sports, Vaibhav Sooryavanshi's on-field incident and Smriti Mandhana's inclusion in TIME's list are noted.
Speaking at the Outreach Session on 'Forging new Partnerships and rebuilding international solidarity here, Modi also underscored the importance of rust in building international partnerships, especially in an increasingly interconnected world.
America will permit Iran to start selling oil and fuel immediately. This follows a memorandum of understanding to end a war. Sanctions on Iranian oil sales will be waived. This waiver also includes banking, transportation, and insurance services. These provisions take effect once the agreement is signed this week.
The platform brings together more than 200 verified space and defence companies across nearly 20 domains and over 120 sub-domains. It aims to create a single, trusted platform for capability discovery, collaboration and business development across the Indian space ecosystem.
Chinese proverb offers enduring wisdom about education, empowerment, and self-reliance. While temporary assistance is sometimes necessary, lasting change comes from equipping people with the skills and opportunities they need to succeed independently. The proverb highlights the transformative power of knowledge and the importance of investing in human potential. By teaching, mentoring, and empowering others, we create stronger individuals, healthier communities, and a more prosperous world. Ulti
At its heart, this habit is rarely about the bags themselves. It is more about psychological efficiency. The brain naturally seeks to reduce uncertainty, prevent waste and prepare for future needs. A larger bag filled with smaller ones may seem trivial, but from a psychological perspective, it often symbolizes a much deeper desire for security, readiness and control.
A finance analyst's vacation request was denied by their manager and he is not even allowed to take one Monday off, according to a Reddit post. The employee is the only analyst in their team and leads critical presentations and the situation has sparked debate on workplace boundaries and PTO policies. Many suggested the employee seek new employment or follow formal HR procedures.
Life lesson of the day by Niccol Machiavelli: Niccol Machiavelli advises that success often stems from strategic thinking and understanding situations, rather than brute force. He suggests that a calculated approach, involving careful planning and adaptation, can achieve better outcomes than direct confrontation.
The Ministry of Defence will acquire land in Assam's Udalguri district to establish units of an Artillery Brigade. The expansion is linked to the 21 Mountain Division stationed in the region.
Arunachal Pradesh has significantly eased business regulations. The state has streamlined processes across 51 areas, including land, environment, and labour. Reforms include self-certification, digital platforms for approvals, and simplified utility connections. These measures aim to attract investment by creating a transparent and efficient business ecosystem. The government is committed to fostering growth while respecting the state's heritage.
Roger Ebert, the renowned film critic, offered a powerful life lesson. He suggested that life's journey, filled with joy and simple pleasures, holds more value than an unending quest for profound meaning. Ebert's perspective encourages appreciating present moments. His own life, marked by challenges, exemplified finding happiness amidst struggles. This wisdom resonates for everyone living their own story.
Kalyani Strategic Systems Limited and Paramount have unveiled the Simha 4x4, a new light armoured multi-purpose vehicle designed for global markets. This adaptable platform offers advanced mobility, protection, and modularity, catering to diverse military needs from reconnaissance to troop transport. The vehicle emphasizes local industrialization and sovereign production capabilities for partner nations.
The Thunderstorm Project changed the story of air travel forever. Scientists and combat pilots entered deadly storms to uncover hidden weather patterns. Their research revealed how turbulence, lightning, and storm cycles worked. This breakthrough created better weather forecasting, stronger aviation safety rules, and a future where millions could fly with greater confidence.
Manufacturing companies saw sales jump 14.5 percent in the fourth quarter of 2025-26. Automobiles, electrical machinery, and non-ferrous metals led this growth. Overall, listed private non-financial companies achieved double-digit sales growth. Raw material expenses increased, indicating input cost pressure. Staff costs for manufacturing companies moderated. Services sector companies experienced a moderation in operating profit margins.
Sean Combs 2028 release update: Sean Diddy Combs is reportedly deeply involved in his legal appeal from FCI Fort Dix, with his lawyer stating he's become like a paralegal. Combs is also reflecting on his life and seeking self-improvement. His projected release date has been moved up to February 23, 2028.
Prime Minister Narendra Modi met with US President Donald Trump at the G7 Summit in France. This marks their first in-person interaction in over 16 months. India is attending the summit as an invited partner country. Prime Minister Modi is also holding bilateral meetings with leaders from Canada, the UK, and the UAE.
2002 XV93 atmosphere mystery stuns space scientists as a distant Kuiper Belt object reveals unexpected signs of activity. The 470-kilometer icy world challenges old Solar System theories. Researchers believe possible gas, dust, impacts, or icy volcanoes may explain this rare cosmic discovery. The finding shows even small worlds can hold hidden secrets beyond human imagination.
President Trump's investment accounts saw thousands of trades totaling hundreds of millions of dollars between January and March. This feverish activity, dominated by tech stocks, has drawn scrutiny from lawmakers and ethics experts over potential conflicts of interest, though the Trump Organization denies the president's direct involvement.
Tim Rice's life demonstrates that failure is not an endpoint but a powerful teacher. His journey from unperformed musicals to global acclaim highlights how setbacks, uncertainty, and mistakes are crucial for growth and resilience. By learning from these experiences, he built the foundation for his remarkable success.

31 C