The Economic Times News

Tulsi Puja Diwas, observed annually on December 25th, is a sacred Hindu festival dedicated to worshipping Tulsi Mata. This observance, believed to bring peace and prosperity, involves specific rituals and chanting, highlighting Tulsi's spiritual significance as a symbol of purity and a purifier of the atmosphere.

A new word, 'lethologica,' describing the frustrating 'tip of the tongue' feeling, is gaining traction across India. The story explores the familiar moment when a thought hides on the edge of memory, leaving us stuck mid sentence.

India and the US are nearing a trade deal, with Chief Economic Adviser V. Anantha Nageswaran expressing optimism for a March resolution. US Trade Representative Jamieson Greer acknowledged India's est ever proposals, despite ongoing disagreements on agricultural imports. Negotiators are currently in New Delhi for crucial talks on a Bilateral Trade Agreement.

The Union Budget 2015-16 presented a roadmap for growth and reforms. It aimed to boost manufacturing and infrastructure. Financial inclusion and welfare for the poor were prioritised. Key initiatives included GST and the JAM trinity. The budget also focused on agriculture, entrepreneurship and social security. Reforms in financial markets and measures against black money were announced.

Prime Minister Narendra Modi's Pariksha Pe Charcha returns for its ninth edition in January 2026, aiming to alleviate exam stress by fostering a festival-like atmosphere. Registration is open via MyGov for students, teachers, and parents, with a competition to select participants. The initiative, part of the Exam Warriors movement, promotes holistic development and a stress-free approach to examinations.

India's oil imports from Russia are set for a six-month peak in December. This surge continues despite U.S. sanctions. Nayara Energy is significantly increasing its Russian crude intake. Conversely, Reliance Industries is reducing its imports. State-owned companies are now the primary buyers of Russian oil for India. These trends suggest India is prioritizing discounted oil over political risks.

As interstellar comet 3I/ATLAS is approaching Earth, Harvard scientist is debating whether the cosmic visitor is a friendly visitor or serial killer sent to poison us. Researchers have found that comet 3I/ATLAS is both rich in metals and chemically uneven inside and is even loaded with hydrogen sulfide, once used as chemical weapon during the World War I.

American bombers and Japanese fighter jets conducted a joint flight over the Sea of Japan. This show of force followed recent military exercises by China and Russia near Japan and South Korea. The allies reaffirmed their commitment to regional stability. The drills aimed to deter any forceful changes to the status quo. This action highlights ongoing tensions in the region.

A jellybean-sized patch on Deepinder Goyals forehead has pushed him into Silicon Valleys most radical club: the tech billionaires trying to hack aging itself. With Temple a brain-blood-flow tracker the Zomato founder becomes Indias boldest entrant in the global longevity boom.

Mexico has approved tariff hikes on imports from India, China, and other Asian nations. These measures are set to take effect next year. China's commerce ministry has voiced strong opposition, labeling the tariffs as unilateral and protectionist. Beijing will monitor the impact of these new trade measures on its interests and those of other partners.

Two young men from Panna, Madhya Pradesh, discovered a 15.34-carat diamond, expected to fetch over 50 lakh. The find, made just 20 days after starting their mining lease, reinforces Panna's reputation for unexpected fortunes. The friends plan to use the proceeds for their sisters' weddings and business expansion.

During a major Congressional hearing, US Congresswoman Sydney Kamlager-Dove warned that Trump's tariffs on India could inflict long-term damage on one of Americas most vital alliances. She said when Trump took office, the Biden admin handed him a bilateral relationship at the height of its strength only for it to be flush, flush, flush down the toilet.

Indian pension fund executives are pushing back against a regulatory framework designed to shield the $175 billion sector from fluctuations in the bond market. This proposed shift in valuing specific bond assets has sparked concern among managers, who argue it risks misrepresenting fund worth and complicating investor decisions.

The Trump administration is demanding the International Criminal Court change its founding document. This move aims to prevent future investigations into President Trump and his top officials. The US is threatening further sanctions on the court if these demands are not met. This action escalates a long-standing US campaign against the ICC, which is seen as infringing on national sovereignty.

A murder conviction against former Jetstar pilot Greg Lynn has been overturned. The court cited serious trial irregularities. Lynn was convicted of murdering Carol Clay in 2020. He was acquitted of murdering Russell Hill. A retrial for Clay's murder is now mandated. Lynn faces a new bail hearing in January.

Former US President Donald Trump has intensified his criticism of Ukraine. He stated President Volodymyr Zelenskyy must be realistic about the ongoing war. Trump also questioned when Ukraine will hold its next elections. European leaders are reportedly seeking a joint meeting with both the US and Ukraine soon.

Delhi Police seized demonetised currency worth crores in Wazirpur. Old Rs 500 and Rs 1,000 notes were found in multiple bags. Several individuals were detained. Two vehicles used for transport were impounded. The origin of the cash and the network involved are under investigation. Further details are awaited.

US representatives express concern over President Trump's policies impacting India. They highlight damage to the US-India partnership and rising trade barriers. Tariffs on Indian goods and potential new tariffs on rice exports are causing strain. Negotiations between the two nations face challenges, risking further trade friction.

Dhruva Jaishankar told US lawmakers that renewed American engagement with Pakistan's military poses challenges for India-US ties. His remarks came as Washington announced major investments in Pakistan, drew praise from Islamabad, and revived diplomatic and security concerns for India amid recent tensions.

US Representative Sydney Kamlager-Dove warned that growing tariffs, visa hikes and political tensions are damaging India-US ties. She argued that President Donald Trump risks becoming he president who lost India, citing stalled engagement, cancelled summits and declining trust between Washington and New Delhi.

The Trump administration is establishing a new militarized zone in California along the border with Mexico. This move aims to bolster border security operations. The Department of Interior is transferring jurisdiction to the Navy. This expands a strategy previously implemented in other border states. The designation allows troops to apprehend individuals accused of trespassing.

US trade representative Jamieson Greer will meet his Indonesian counterpart to discuss a trade deal. An agreement reached in July is reportedly at risk. Greer expressed interest in finalizing the deal, stating it benefits both nations. Indonesian officials confirmed ongoing talks, noting normal negotiation dynamics. The proposed agreement includes tariff eliminations and barrier removals.

Asian buyers are seeking significant price cuts for Venezuelan oil. This is driven by a surplus of sanctioned crude from Russia and Iran. Increased U.S. military activity near Venezuela also raises concerns for shippers. These factors are forcing Venezuela's state oil company to offer its heavy crude at much lower prices. China, a major buyer, is receiving these discounted offers.

The US government has moved to drop its case against a former Fox broadcasting executive involved in the FIFA corruption scandal that plunged the world's footballing body into crisis. The case was one of several to emerge from a sweeping 2015 corruption probe by the US Department of Justice (DOJ), which ultimately led to the downfall of then-FIFA president Sepp Blatter.

Alberta Premier Danielle Smith is facing a citizen-led recall effort. This is the second time in Alberta's history a premier has faced such a challenge. Petitions are also targeting other United Conservative Party members. Voters have three months to gather signatures. A recall vote could lead to a byelection before the next general election in 2027.

Weather in Hyderabad: Though the India Meteorological Department (IMD) has forecasted clear skies for Hyderabad on Thursday, the weather department has warned of a cold wave in Telangana. The temperatures in Hyderabad and other districts of Hyderabad are expected to fall further in the coming days amid the cold wave prediction, the IMD warned.

Oil firms bid over $300 million for drilling rights in the Gulf of Mexico. This marks the start of 30 planned sales to boost U.S. fossil fuel output. The move follows recent announcements for new drilling off Florida and California. Environmentalists express concerns about potential oil spills and harm to marine life.

Coca-Cola has appointed Henrique Braun as its new Chief Executive Officer. He takes over from James Quincey, who will become executive chairman. This leadership change comes as the company navigates evolving consumer preferences for healthier and more affordable drinks. Braun's appointment is effective March 31. He aims to build on existing momentum and unlock future growth.

The Election Commission of India has extended the deadline for updating electoral rolls in West Bengal. The final publication is now set for February 14, 2026. This comes as the Supreme Court has issued a notice regarding the safety of Booth Level Officers conducting the intensive revision.

December's PS Plus Game Catalog additions are here, featuring Assassin's Creed Mirage and the unique skateboarding sim Skate Story. Subscribers can also enjoy Granblue Fantasy: Relink, Cat Quest III, and more. This lineup offers a diverse range of genres for both PS4 and PS5 players, with Skate Story already available and other titles launching December 16.

America has seized a large oil tanker near Venezuela. President Donald Trump confirmed the action. This move escalates tensions with Caracas. Oil prices saw a rise following the news. The tanker is believed to be the Skipper. This is the first known seizure of an oil tanker by the US in the region.

Kelly Osbourne has hit back at online trolls criticizing her dramatic weight loss. She stated her father, Ozzy Osbourne's, recent death has made it difficult to eat. Her mother, Sharon Osbourne, defended Kelly, calling critics unhappy and jealous. Kelly previously addressed speculation about using Ozempic, emphasizing her grief.

Senator Joni Ernst is urging the Social Security Administration to improve its processes for preventing payments to deceased individuals. A recent watchdog review uncovered over $186 million in payments made to dead people, with relatives often pocketing the funds for years undetected. Ernst advocates for stronger safeguards to stop this fraud and protect taxpayer dollars.

In-N-Out Burger has removed the number 67 from its ordering system after a viral slang trend caused disturbances. Teens, particularly Gen Alpha, swarmed restaurants when order number 67 was called, reacting to the phrase six seven originating from a rap song. The chain also removed 69 due to similar reasons.

Americans are being asked to check their bank accounts as Section 8 landlord payments begin after a short delay. The program helps families and seniors pay rent by sending part of the payment to landlords. Housing agencies say the money is now ready, and landlords should receive around $1,500 depending on the home. More support programs are also helping households.

U.S treasury yields extended decline after FOMC policy announcement; yield on 10-year treasury notes were last down 3.5 basis points at 4.151 per cent.

Mortgage rates are gradually declining after the Feds 25-bps cut, its third move of 2025. The federal funds rate is now 3.50%3.75%. Thirty-year mortgage rates hold near 6.19%6.30, while refinance rates sit around 6.52. Markets remain volatile, and the next shift could push rates sharply up or down.

Shubman Gill seeks a significant knock at home in the second T20I against South Africa, aiming to improve his T20 record. India, after a dominant win, faces scrutiny on Suryakumar Yadav's form. South Africa aims for a better batting performance after a dismal first T20.

A massive fire has engulfed the Nevsky Market in Saint Petersburg, Russia, with flames spreading across over 1,500 square meters. Videos show thick black smoke billowing into the night sky as approximately 30 fire engines battle the blaze. Reports indicate at least two injuries, and the cause of the fire is currently unknown.