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The Economic Times

Global Business / The Economic Times

US Congressman names India, China in Russia Sanctions Bill

US lawmakers are considering tariffs on Russia's oil trading partners, including India. One amendment proposes 100% tariffs on countries like India and China. Another amendment seeks to remove the tariff provision entirely from the bill. India's energy sourcing policy prioritizes national interests amid these developments.

16 Sep 2026 12:05 am
ED to fast-track 10 big PMLA cases in each region

The Enforcement Directorate aims to expedite money-laundering trials within eight months. Zonal offices will identify key cases for accelerated prosecution and conviction. A new trial monitoring system will track case progress and delays. The agency is also expanding its sanctioned strength by sixty percent. This structural change will enhance the directorate's operational capabilities significantly.

16 Sep 2026 12:03 am
Goods exports up 26% in August, trade deficit eases: Engineering, petroleum products, chemicals and textiles lead shipments; US remains top market

Indias goods exports surged in August, driven by robust global demand, while the trade deficit narrowed to a five-month low as imports declined. Key free trade agreements are on track for finalisation, while exporters are being prepared for the European Unions Carbon Border Adjustment Mechanism. Trade ministers are also set to address bilateral concerns and review the status of ongoing free trade negotiations.

16 Sep 2026 12:01 am
WTO cites India-EFTA trade deal as unilateral mechanism to achieve market access outcome

Trade agreements beyond the multilateral trading system can also offer examples whereby unilateral enforcement mechanisms have been tailored to the particular market access outcome arrived upon, according to the WTOs World Trade Report 2026. Given the target-based structure of the FDI commitment, the parties chose an enforcement mechanism which would permit India to unilaterally reimpose tariffs if it determined that the targets had not been met, the WTO said.

15 Sep 2026 11:59 pm
ET Under 40 2026: As AI races ahead, leaders urged to put purpose above success

Sivakumar Sundaram highlighted the importance of collective purpose at The Economic Times awards, urging awardees to utilize recognition as a foundation for ongoing contributions. He addressed the swift evolution of AI and stressed the necessity for aligning human values with technology. Cautioning against becoming overly reliant on devices, he emphasized that maintaining relevance demands a continual showcase of one's value and capability.

15 Sep 2026 11:53 pm
Quote of the day by Nelson Mandela: The greatest glory in living lies not in never falling, but in rising every time we...Know the meaning, life lesson and why it matters today

Nelson Mandela's wisdom teaches us the importance of resilience in the face of adversity. He championed the fight against apartheid and racial oppression in South Africa. His insights remind us that failure is merely a stepping stone on our path. Embracing our failures with an optimistic mindset can yield true success. By learning from our setbacks, we rediscover our strength to rise again.

15 Sep 2026 11:51 pm
Quote of the day by Drew Barrymore: 'Everyone is like a butterfly, they start out ugly...' beautiful lesson from the Charlies Angels' star on life

Drew Barrymore eloquently uses the imagery of a butterfly to convey that the awkward phases of life are essential to our personal growth. Rather than viewing these struggles as failures, she emphasizes their role in shaping who we ultimately become. Reflecting on her own journey, Barrymore inspires others to embrace transformation, reminding us that a challenging beginning does not determine our future successes.

15 Sep 2026 11:19 pm
Quote of the day by Seneca: 'Enjoy present pleasures in such a way as not to injure future ones.' Life lessons from inspiring quote on mindful moderation, reckless indulgence, peace, discipline, self-control, foresight and happiness

Quote of the day by Seneca, Enjoy present pleasures in such a way as not to injure future ones, focuses on moderation, self-control and foresight. The saying does not reject happiness or pleasure. Instead, it asks people to consider how present choices can affect future health, peace, stability and well-being. Senecas Stoic thought suggests that lasting happiness comes from enjoying life without creating problems for tomorrow.

15 Sep 2026 11:13 pm
These 3 zodiac signs could notice life getting easier after one important shift during the Sagittarius Moon on September 16

The Sagittarius Moon is associated with growth and expansion, but moving into a bigger chapter may first require letting go of whatever has been limiting progress. For these three Zodiac Signs, the turning point could come from something surprisingly straightforward: giving less energy to distractions, making a clear choice and allowing that decision to create forward momentum.

15 Sep 2026 11:12 pm
Quote of the Day by Penlope Cruz: Every relationship ends, until Timeless life lessons from inspiring quote on love, heartbreak, endings, acceptance, healing and why some people come into your life for a reason

Quote of the Day by Penlope Cruz: Penlope Cruzs quote, Every relationship ends, until maybe you find one that lasts forever, explores the uncertainty of love, the lessons of past relationships, and the hope of finding lasting companionship. The quote suggests that while many relationships may come to an end, their endings should not destroy our belief in love or prevent us from remaining open to a meaningful and lasting connection.

15 Sep 2026 11:04 pm
British Columbia journalist wins $275,000 defamation lawsuit after 77-day protest outside his Surrey home, he was harassed by cult-like China protest group

B.C. Supreme Court Justice Richard Hewson awarded Bing Chen Gao $275,000 in damages for the defamatory statements Yun Fei Zhu published about him. The court's decision came after supporters of Chinese businessman Guo Wengui staged a 77-day protest outside his Surrey home in 2020. The protesters were supporters of Guo Wengui, also known as Miles Guo, who founded a group called the New Federal State of China with former Donald Trump advisor Steve Bannon.

15 Sep 2026 11:01 pm
In 1955, a 67-year-old mother of 11 Emma Grandma Gatewood set out with basic supplies; she became the first woman to complete a solo thru-hike of the Appalachian Trail

Ohio celebrates Emma Gatewood, the first woman to solo hike the Appalachian Trail. She completed the 2,055-mile journey in 1955 at age 67. Gatewood survived domestic abuse and raised eleven children before her remarkable hike. Her ultralight approach and resilience inspired many hikers across the nation. She is honored with a special day and historical markers for her achievements.

15 Sep 2026 10:58 pm
Meet Sora Corro, the young California pianist who started playing at just 2 and went on to win major youth competitions before performing a piano concerto with an orchestra

Sora Corro, a young pianist, has secured numerous first-place competition victories. She has performed piano concertos with orchestras, showcasing her exceptional talent. Corro won multiple concerto competitions and will perform Grieg's concerto in October. She also received top prizes in international piano competitions.

15 Sep 2026 10:56 pm
Before throwing out a broom that leaves dust behind, try this simple salt, vinegar and hot water trick

Revitalizing bent broom bristles is easier than you think with this effective cleaning hack. Simply soak the bristles in a warm solution of salt, vinegar, and water for a few hours. This technique not only cleans but also loosens the bristles for that perfect shape again. After soaking, let the broom dry upright to maintain its functionality and prevent future bending.

15 Sep 2026 10:55 pm
Where is he now?: Kash Patel pressed on Somali-born Minnesota Medicaid fraudster at Senate hearing

Where is he now?: Kash Patel pressed on Somali-born Minnesota Medicaid fraudster at Senate hearing

15 Sep 2026 10:43 pm
In 2011, Ashton Kutcher invested $500,000 in Uber; 5 years later, his stake was worth more than $60 million as the ride-hailing company expanded

In 2011, Ashton Kutcher invested $500,000 in Uber when the ride-hailing startup was still finding its footing. Five years later, his stake was reportedly worth more than $60 million as Uber expanded rapidly and its valuation soared. What began as a relatively early investment became one of Kutchers most notable bets, showing the extraordinary potential of backing a company before its breakthrough.

15 Sep 2026 10:20 pm
Pouring white vinegar into your toilet once a week can tackle this common bathroom problem

When it comes to maintaining a sparkling toilet, white vinegar proves to be a trusty companion. Its acetic acid works wonders in dislodging mineral deposits and tackling unpleasant odors. However, it's important to remember that while vinegar is excellent for cleaning, it does not serve as a disinfectant against germs. Additionally, never mix vinegar with bleach, as this combination produces harmful chlorine gas.

15 Sep 2026 10:16 pm
Elvis Presleys favourite meal is still served at this Texas drive-in and you can even order it today

From 1958 to 1960, Elvis Presley dedicated time to military service in the US Army, frequently making stops in Waco, Texas. During these visits, he had a penchant for dining at Cupp's Drive-Inn, where he favored a particular double cheeseburger topped with bacon. Today, this iconic diner continues to serve Elvis's cherished dish, attracting both locals and tourists eager to dine like the King.

15 Sep 2026 10:05 pm
Trump's man at the UN: Senate leader's son-in-law tapped to lead World Food Programme amid deepening global hunger crisis

United Nations Secretary-General Antonio Guterres has accepted Luke Lindberg as the nominee for World Food Programme leadership. Lindberg, a senior US agricultural official, was recommended by Guterres and Qu Dongyu. He currently serves as the US Department of Agriculture's Under Secretary for Trade and Foreign Agricultural Affairs. The World Food Programme's top job has traditionally gone to an American nominee for decades.

15 Sep 2026 10:00 pm
Quote of the Day by Shakira: I just want to grow old with a man who Timeless life lessons from an inspiring quote on relationships, family, companionship, right partner and why love is a two-way street

Quote of the Day by Shakira: Shakiras quote, I just want to grow old with a man who takes care of me, and I want to eventually have kids and want them to be good children to me. Just want to be treated nice and have respect, explores the importance of love, companionship, family, kindness, and mutual respect in relationships. The quote suggests that a meaningful life is built on having a caring partner, a loving family, and relationships where people are treated with dignity, understanding, appr

15 Sep 2026 9:51 pm
Quote of the day by Glenn Close: 'I never wanted to be a man. I feel sorry for them.' Life lessons from motivational quote on self-acceptance, comfort, empathy, total contentment, true confidence, expectations and compassion

Quote of the day by Glenn Close reflects self-acceptance, confidence, empathy and the pressure created by traditional gender roles. The actress says she never wanted to be a man and adds that she feels sorry for men. The remark uses humour to discuss identity, expectations and compassion. Here is the meaning of the quote, its relevance, and the life lessons it offers.

15 Sep 2026 9:49 pm
In 1962, the US detonated a 1.4-megaton nuclear bomb in space that knocked out streetlights and triggered burglar alarms in Hawaii. 64 years later, it says weapons are already in orbit

The United States has acknowledged its possession of orbital space-control weapons, a declaration echoing a 1962 nuclear test that generated artificial radiation belts. Current space warfare strategies emphasize counter-space capabilities rather than relying on explosive power. Countries like China and Russia are also advancing their own space technologies, highlighting the growing perception of orbit as a potential arena for future military conflicts.

15 Sep 2026 9:36 pm
Psychology says people whose homes look perfect but cupboards are a mess may share this surprising tendency

Cupboards are easy places to postpone organizing because the effort often brings little immediate or visible payoff. Tidying the living room, for example, can transform a space within minutes and provide an instant sense of accomplishment.

15 Sep 2026 9:35 pm
Greek proverb of the day: The man outside the dance knows many songs - a lesson on perspective and decision-making

Proverb of the day: Offering advice from a distance can be effortless, especially when one is removed from the challenges at hand. A wise Greek proverb serves as a reminder that true understanding comes from involvement, not mere observation. It stresses the importance of empathizing with others' struggles to appreciate the nuances in their choices, fostering deeper connections and support.

15 Sep 2026 9:25 pm
Taylor Swift spent years rebuilding her music empire after losing her first 6 albums; in 2025, she finally bought back the original masters

Taylor Swift acquired the master recordings of her first six albums. She purchased these original masters from Shamrock Capital in May 2025. This acquisition included music videos and other associated materials. Swift had previously begun re-recording these albums as Taylor's Version. She had not yet released Taylor's Version editions for her debut and Reputation.

15 Sep 2026 9:23 pm
In 2015, Beyonce accepted about $6 million in Uber stock instead of cash for a performance; 4 years later, the company went public at an $82 billion valuation

Beyonc and Uber story remains a striking example of how celebrity culture, technology startups and equity compensation converged during Silicon Valleys explosive growth years. In 2015, accepting reported Uber stock instead of cash for a performance could have looked like an unconventional compensation choice.

15 Sep 2026 9:18 pm
Psychology says people who never leave home without a water bottle may share this behavioral tendency

Carrying a water bottle everywhere does not necessarily mean someone is anxious, overly focused on hydration, exceptionally disciplined or especially health-conscious. The habit may have a much simpler explanation.

15 Sep 2026 9:18 pm
In 1995, John D. Liu filmed 1 Loess Plateau project in China where slopes were terraced, vegetation restored and water managed. 25 years later, 35,000 sq km had recovered

China's Loess Plateau, once severely eroded, underwent significant ecological recovery. Communities actively participated in restoration efforts, receiving incentives for their work. Vegetation cover increased, and biodiversity returned to the landscape over time. This project demonstrated that degraded land can be restored with proper community engagement. The lessons learned offer valuable insights for ecological rehabilitation globally.

15 Sep 2026 9:14 pm
How 285 reef balls are turning an ocean desert into a thriving ecosystem in Newfoundland and Labradors Placentia Bay

A team of ocean scientists in Newfoundland and Labrador are turning one ocean dead zone into a thriving marine ecosystem and the live camera captures cunners, crabs, lobster and other algae-covered reef structures. The team placed an underwater camera in the area to monitor the balls and watched as the cement became carpeted in algae and slowly, more and more marine life settled into the structures to call them home.

15 Sep 2026 9:11 pm
As Silicon Valley's own scientists warn of human extinction, China pitches itself as the adult in the AI room

China advocates for global artificial intelligence governance and international cooperation. Leading AI figures in the US have issued stark warnings about the technology's risks. Researchers express concerns about rapid development and potential existential threats. China emphasizes balancing AI advancement with robust safety measures and regulations. This discussion precedes a potential meeting between Xi Jinping and Donald Trump.

15 Sep 2026 9:10 pm
'Set America back at least 100 years': Trump attacks Supreme Court after ballot ruling; accuses 'Radical Left' of bullying & cajoling justices

Donald Trump has intensified his criticism of recent Supreme Court rulings, particularly its decision on mail-in ballots ahead of the November midterm elections. He also raised concerns about the courts rulings on tariffs and birthright citizenship, accusing the justices of being influenced by what he called the Radical Left. Trump argued that these decisions could have damaging consequences for the US.

15 Sep 2026 9:02 pm
Quote of the day by Ed Harris: 'We accept the reality of the world with which we are presented.' Life lessons from inspirational quote on control, trust, comfort, acceptance, assumptions, complacency, authenticity and perception

Quote of the day by Ed Harris comes from The Truman Show, where Harris played Christof, the producer who controlled Truman Burbanks world. The saying looks at how people accept familiar surroundings, rules and beliefs without questioning them. It raises questions about trust, comfort, control, assumptions and authenticity, while offering life lessons about examining reality, avoiding complacency and making choices based on what is true.

15 Sep 2026 9:01 pm
Never Have I Ever actress Maitreyi Ramakrishnans quote of the day: Id rather put my dreams out there, do everything possible Canadian actress on courage, failure and having the strength to try

Maitreyi Ramakrishnan, the talented Canadian actress, passionately advocates for the relentless pursuit of ambitious dreams. She emphasizes the importance of giving everything you have to achieve your aspirations. Her own success story began with a bold audition for a significant role, echoing her belief in seizing opportunities despite the risk of criticism.

15 Sep 2026 8:59 pm
In 2013, George Clooney started a tequila brand as a side project with friends; 4 years later, Diageo agreed to buy Casamigos for up to $1 billion

George Clooneys Casamigos gamble became a billion-dollar success. In 2013, Clooney and friends Rande Gerber and Mike Meldman began making tequila for themselves. They never seemed to imagine how far it could go. Four years later, Diageo agreed to buy Casamigos for up to $1 billion. What started as a friendship project had quietly become a major spirits brand.

15 Sep 2026 8:59 pm
Quote of the Day by Dustin Hoffman: If youre waiting for the job, youre Timeless life lessons from an inspiring quote on opportunities, persistence, initiative, perseverance and why you should take the first step

Quote of the Day by Dustin Hoffman: Dustin Hoffmans quote, If youre waiting for the job, youre dead, explores the importance of taking action, creating opportunities, and refusing to remain passive in the pursuit of success. The quote suggests that waiting endlessly for the perfect job or opportunity can prevent people from moving forward, while initiative, persistence, and determination can help create new possibilities.

15 Sep 2026 8:46 pm
Motivational Quote of the Day by Grace Kelly: I walk an hour almost every day - and Timeless life lessons from an inspiring quote on walking, fitness, consistency, lifestyle and why small habits lead to big results

Quote of the Day by Grace Kelly: Grace Kellys quote, I walk an hour almost every day - and very quickly - wherever I am. Sometimes I go on long, all-day hikes with friends, explores the importance of consistency, daily movement, and maintaining an active lifestyle. The quote suggests that simple activities such as regular walking can become meaningful habits while also providing opportunities to enjoy nature, explore new places, and spend quality time with friends.

15 Sep 2026 7:34 pm
Billions on the table: Senate crypto vote tests how far Trump's ethics concessions really go

The US Senate prepares for a crucial vote on a cryptocurrency regulation bill. Democrats are concerned the legislation inadequately addresses President Trump's personal crypto holdings. The bill aims to establish clear federal rules for digital assets and resolve agency disputes. Trump has agreed to some ethics concessions, but most Democrats remain unsatisfied. This vote is a significant election-year test for the growing crypto market.

15 Sep 2026 7:28 pm
In 2025, Netherlands turned retired wind-turbine blades into a 60-metre highway noise barrier; tests found it performed like a conventional concrete wall

Netherlands 60-metre Blade Barrier represents more than an unusual highway wall. It is an experiment in what a circular economy can look like when renewable-energy waste is treated as a potential construction resource instead of an unavoidable disposal problem.

15 Sep 2026 7:24 pm
1955 letter mysteriously returns to Christ Episcopal Church in Alameda after 71 years, but the woman named inside died decades ago

In 1955, a letter containing Pamela Jean Haslams baptismal certificate was mailed to Christ Episcopal Church in Alameda, California. The envelope was postmarked October 26, 1955, but somehow never reached the church. It apparently remained lost within the postal system for 71 years. Then, on August 20, 2026, it was returned to the church marked return to sender for an insufficient address.

15 Sep 2026 7:21 pm
In 2014, ESA astronaut Alexander Gerst wore SpaceTex shirts on the ISS for six months; their fabric data helped inform clothes for future Mars crews

Innovative space experiments have focused on how fabrics can effectively manage astronaut sweat and heat during missions. These studies revealed distinct challenges unique to microgravity. Findings from the SpaceTex experiment are paving the way for next-generation astronaut apparel. Furthermore, this cutting-edge fabric technology is inspiring new designs in athletic wear, benefiting those in high-demand professions on Earth as well.

15 Sep 2026 7:20 pm
In 2013, Jay-Z invested about $2 million in Uber; 6 years later, his stake was estimated to be worth around $70 million

Grammy-winning rapper JAY-Z built a vast empire beyond music. His early $2 million Uber investment grew significantly in value. He also founded Roc Nation and acquired the streaming service TIDAL. JAY-Z's philanthropic efforts include the Shawn Carter Foundation. He is recognized as the first hip-hop artist to achieve billionaire status.

15 Sep 2026 7:18 pm
Powerful Quote of the Day by Chanakya: 'A person should not be too honest...'- Thought-provoking life lessons on wisdom, trust and knowing when to speak

Powerful Quote of the Day by Chanakya: Chanakya reveals a stark truth about honesty. It can render one vulnerable. Just as the tallest trees are the first to fall, honest individuals risk being exploited. His teachings encourage a tempered approach to honesty, where wisdom lies in discerning the right time to express truths and when to hold back. Establishing boundaries and exercising discretion are essential to safeguard oneself from undue exploitation.

15 Sep 2026 7:16 pm