The Economic Times
Elections 2026Global Business / The Economic Times
Quote of the day by Aristotle continues to inspire people by showing that learning is one of the greatest sources of happiness. The famous philosopher believed knowledge gives lasting satisfaction that material rewards cannot provide. His words encourage curiosity, continuous growth and practical wisdom. The quote remains relevant for students, professionals and lifelong learners who want to improve their understanding of the world and build a meaningful life.
Psychology says people who are ready to rebuild their lives at any moment aren't driven only by sudden decisions. This mindset often reflects adaptability, emotional recovery, and the ability to accept change. Psychological theories and research suggest that some people recover from setbacks by adjusting their goals instead of holding on to situations that no longer work. Understanding this behavior can help people respond better to change and future uncertainty.
India's import bill for key pulses significantly decreased in FY26 due to robust domestic production. Lower global prices and import curbs also contributed to this substantial reduction. Exports of certain pulses, like Kabuli chana, saw a notable increase during the same period. This shift reflects India's growing self-sufficiency and improved market position for these commodities. Domestic policies and strong harvests have bolstered India's pulse sector performance.
MSME stress deepened in FY26 with closures rising sharply to 62,747 from 39,446 in FY25, impacting over 3.7 lakh jobs. As of June 2026, 18,154 units had shut, affecting 1.25 lakh workers. Despite closures, overall MSME employment grew 16.5% year-on-year to 80.5 million, led by the trading sector, with Uttar Pradesh employing the largest workforce. Delays in highway projects triggered penalties of 2,732 crore over three years, with only 780 crore recovered so far.
The Skill Development Ministry is linking payments to training providers to candidate placement. A 530-crore Skills Outcome Fund will incentivize providers and increase accountability. This initiative aims to help 200,000 youths secure quality employment and improved incomes. The program prioritizes candidates from low-income households and aims for 50% female participation. Focus will be on high-demand sectors and future-oriented job roles for sustainable livelihoods.
Quote of the Day by Henry Cavill: Henry Cavills quote, You can train and train until you are blue in the face, but you've got to diet, you've got to have that leanness because if you are not lean, your abs won't show. Of course, the training has to be put in, but then you've to shed all the fat and keep the fat off. And that's how you get an eight pack, explores the importance of discipline, consistency, and maintaining balance in achieving fitness goals.
Portuguese proverb of the day: A Portuguese saying highlights how stories evolve with each telling. Details can be added or altered as tales pass between people. This natural human tendency means information may change over time. We should consider the source and number of retellings for accuracy. Understanding this helps us critically evaluate information we receive.
The CBI has cleared Sanjeev Kumar, alias Sanjeev Mukhiya, of involvement in the NEET-UG 2024 paper leak. Initially, Bihar Police suspected his involvement due to past examination paper theft cases. The federal agency investigated all individuals connected to the theft and distribution. They also identified every candidate who benefited from the leaked question paper. Multiple chargesheets have been filed against forty-five accused individuals in this case.
Prime Minister Narendra Modi announced stricter measures against examination paper leaks. The government will establish fast-track courts for swift trials and punishments. These actions aim to protect the future and aspirations of students nationwide. The Prime Minister emphasized that no leniency will be shown to offenders. Such incidents severely damage the credibility of examination systems.
Delhi Police identified over 480 Pakistan-based social media handles spreading misinformation. These accounts actively circulated rumors and fake videos during the CJP protest. The same handles were also active during the Operation Sindoor incident. Police urged students to verify information and avoid anonymous sources. Authorities respect the right to peaceful protest and seek public cooperation.
Today's quote of the day by Rudyard Kipling speaks to anyone who feels distracted by other people's success or failures. His words remind us that our future is shaped more by our own actions than by comparison. Written more than a century ago, this simple idea still offers practical guidance on self-discipline, resilience, personal growth, confidence, and staying focused on what truly matters.
Japanese Proverb of the Day highlights the meaning of Life without endeavor is like entering a jewel mine and coming out with empty hands. The saying reflects how success is shaped by effort, dedication, and the willingness to take action rather than simply by opportunities or potential. It suggests that valuable results cannot be achieved without hard work, perseverance, and commitment. Just as entering a jewel mine does not guarantee finding treasures without searching, lifes opportunities req
India strongly criticized Pakistan's unwarranted comments on Kashmir and the Indus Waters Treaty. Pakistan's Deputy Prime Minister made these remarks at the ASEAN Regional Forum meeting. New Delhi stated that Kashmir and Ladakh are integral parts of India. The Indus Waters Treaty remains in abeyance due to Pakistan's terrorism sponsorship. Pakistan should dismantle terror infrastructure instead of misusing global platforms.
A Cockroach Janta Party delegation will meet Union ministers on Friday. This meeting follows recent clashes between CJP supporters and Delhi Police. The CJP has called for a nationwide protest against alleged police brutality. They are demanding the resignation of Union Education Minister Dharmendra Pradhan. The party previously met Union Health Minister JP Nadda regarding NEET-UG examination issues.
Higher Education Secretary Vineet Joshi was transferred amid ongoing exam irregularities scrutiny. Naresh Pal Gangwar now leads the Department of Higher Education, Ministry of Education. Several other secretary-level appointments were also announced by the Appointments Committee of the Cabinet. This reshuffle occurs while the Education Ministry faces public and political pressure. The government also approved in-situ upgradations for several officials.
The Competition Commission of India (CCI) dismissed a complaint against Zomatos parent company Eternal, ruling that there was no prima facie evidence of abuse of market dominance. The complaint alleged unfair pricing, excessive commissions and anti-competitive practices, citing a large price difference between ordering via the app and buying directly from a restaurant.
Korean proverb of the day: A Korean saying offers a life lesson for anyone who has ever felt overwhelmed by trying to handle everything at once. The proverb reminds us that we all have limits. Instead of trying to control every situation, the saying encourages us to focus on what we can actually change and let go of the rest.
WTO members questioned India's trade policies at a recent review. Concerns included quality orders and abrupt tariff changes. India defended its policies as vital for public objectives. Schemes like PLI and agricultural support also faced scrutiny. Members sought greater transparency and predictability in trade practices.
Protests over the NEET paper leak erupted across Bihar on Thursday. Many students and at least fourteen police personnel sustained injuries during the demonstrations. Agitators hurled stones and vandalized government and railway properties in several districts. Police responded with baton charges and aerial firing to disperse the unruly crowds. Authorities have initiated investigations and arrests to address the violent incidents.
FDA Recalled Eggs: Nearly 1.6 million dozen eggs have been recalled due to potential Salmonella Enteritidis contamination. Midwest Poultry Services voluntarily recalled the white shell and brown cage-free shell eggs produced at its Texas facilities. The affected eggs were distributed to several retailers across multiple states. Consumers are advised not to eat the recalled eggs and to follow FDA guidance on their disposal or return.
Tibetan Proverb of the Day highlights the meaning of It is better to live for one day as a tiger than to live for a thousand years as a sheep. The saying emphasizes that a life lived with courage, purpose, and self-respect is more valuable than a long life spent in fear or quiet submission. It encourages people to face challenges boldly, stand firm in their beliefs, and pursue meaningful goals instead of settling for comfort or allowing fear to limit their potential. True fulfillment comes from
Japanese mindset of the day: Explaining concepts to others strengthens personal knowledge and reveals areas needing further study. This process helps organize thoughts and clarify details for better comprehension. Unexpected questions can highlight memorized answers without true underlying understanding.
Jantar Mantar, built in 1731, served as an astronomical observatory for centuries. The adjoining road later became India's primary site for democratic dissent. Authorities restricted protests at Boat Club, shifting them to Jantar Mantar by 1993. The Supreme Court regulated demonstrations, balancing rights and public order concerns. This historic landmark now symbolizes both scientific inquiry and enduring public expression.
2026 Super El Nio forecast: Scientists closely monitor the El NioSouthern Oscillation (ENSO) for signs of a potential super El Nio. These powerful climate events can trigger extreme weather, disrupt agriculture and affect economies worldwide. Previous super El Nio events have caused severe flooding, widespread drought and significant economic losses. Researchers are also exploring experimental technologies that could potentially weaken future El Nio events.
Bangladesh President Mohammed Shahabuddin will resign from his post this Friday. This development follows Sheikh Hasina's announcement of her return from exile. Hasina was sentenced to death in absentia for ordering a student uprising crackdown. Public pressure mounts on Prime Minister Tarique Rahman's government to remove Hasina's allies. Parliament speaker Hafiz Uddin Ahmad may serve as interim president.
The 10% temporary US tariff imposed on imports from India and other trading partners is set to expire at 9:31 am IST on July 24, unless the Trump administration announces an extension or a new tariff regime.
Maasai Proverb of the Day highlights the meaning of It is impossible to find a man who has everything, but it is possible to find one who enjoys the things he has. The saying reflects how happiness is often shaped by gratitude, perspective, and the ability to appreciate what is already present rather than constantly chasing more. It suggests that while having everything may be impossible, finding joy in lifes blessings, experiences, and relationships is a choice that depends on personal mindset
Superstar Salman Khan urged NEET protestors to return home and trust government action. He emphasized student safety and education as top priorities for the nation. Prime Minister Narendra Modi announced fast-track courts for swift punishment in paper leak cases. Khan also appealed to activist Sonam Wangchuk to end his hunger strike. Students have been protesting at Jantar Mantar demanding reforms and justice.
The US House passed a resolution directing President Trump to halt military action against Iran. This measure, largely symbolic, requires congressional authorization for any further hostilities. Four Republicans joined Democrats in supporting the resolution, which passed by a narrow margin. The vote occurred after Trump warned of major military punishment for Iran and its Houthi allies. The ongoing conflict continues despite the symbolic congressional action.
Psychology says people who inflict pain on themselves in anger aren't always trying to gain attention. Psychology explains that this behavior can be linked to emotional distress, difficulty managing feelings, and attempts to cope with overwhelming emotions. Studies suggest that self-inflicted pain during anger may temporarily reduce emotional intensity for some people. Understanding the reasons behind this behavior can encourage empathy, early support, healthy coping methods, and timely professi
Brent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints the Strait of Hormuz and Bab el-Mandeb at the same time. While markets were already grappling with disruptions in Hormuz due to the US-Iran conflict, fresh Houthi attacks on Saudi oil tankers in the Red Sea have put alternative export routes at risk.
Houthi rebels threaten to blockade the Bab el-Mandeb Strait, impacting global trade routes. They recently attacked two Saudi oil tankers in the Red Sea. This action escalates tensions and risks wider regional conflict. The vital strait connects the Red Sea to the Gulf of Aden. Disruption here could significantly impact international shipping and oil supplies.
Collectively, 5.64 crore cases are pending across courts, including the top court, the 25 high courts and district and subordinate courts.
First-time jobless claims in the United States unexpectedly dropped last week. This decline reached the lowest level recorded since September 1969. The number of people on jobless benefit rolls also fell to a six-week low. This stability allows Federal Reserve officials to focus on inflation. The central bank is expected to keep interest rates unchanged next week.
Quote of the day by Gabriel Garca Mrquez: Nobel laureate Gabriel Garca Mrquez offered a humorous perspective on growing older. He noted that people realize they are aging when they start resembling their fathers. This observation highlights the subtle and often surprising ways family traits manifest over time.
Chinese proverb of the day highlights the importance of emotional control, careful decision-making and meeting basic needs before taking major actions. The proverb advises people not to make legal decisions while angry or pursue creative work while hungry. Its message remains useful in modern life because it teaches patience, clear thinking, self-control and the value of solving immediate needs before making important personal, professional or creative choices.
Quote of the Day by Robert Pattinson: Robert Pattinsons quote, Nothing can be good if you do it for money or for fame, explores the importance of passion, authenticity, and finding genuine purpose in life. The quote suggests that meaningful achievements come from love for the work itself rather than simply seeking financial rewards or public recognition. It highlights that true satisfaction comes when people pursue their goals with dedication, creativity, and personal commitment. Instead of bein

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