The Economic Times
Elections 2026Global Business / The Economic Times
New tax changes in the United States may help workers save more money during the 2025 tax season. Deductions on overtime pay, tips, and a higher standard deduction could lower taxes for many employees. Meanwhile, taxes on investment income mostly remain the same. Because of this, some workers may keep more money from paychecks than investors earn from dividends.
The beloved Hindi cult comedy Khosla Ka Ghosla is getting a sequel, Khosla Ka Ghosla 2, set for a theatrical release on August 28, 2026. Original cast members Anupam Kher and Boman Irani are returning, alongside Ranvir Shorey, Kiran Juneja, Parvinn Dabass, and Tara Sharma, promising a nostalgic yet fresh take on the Khosla family's adventures.
Yuval Noah Harari Quotes on Education: Yuval Noah Harari posits that knowledge is only valuable when it changes behavior, yet rapidly transformative knowledge quickly becomes obsolete. This highlights the necessity of continuous, adaptive learning in our information-rich, ever-evolving world. The historian's insights emphasize that true understanding involves applying knowledge wisely and remaining open to new perspectives.
Donald Trump stated Iran's soccer team can play in the 2026 World Cup. He expressed concerns about their safety in the US, Canada, and Mexico. Iran's sports minister previously cited US airstrikes as a reason for non-participation. The World Cup is scheduled for June and July 2026. Iran's withdrawal would be unprecedented. FIFA is monitoring the situation.
Quote of the day by Freddie Mercury: Freddie Mercury's quote, Money may not buy happiness, but it can damn well give it! offers a realistic view on finances. While not guaranteeing true joy, money provides comfort, reduces stress, and enables enjoyable experiences, contributing to life's pleasures.
Bridgerton has emerged as one of Netflixs most successful original dramas. Produced by Shondaland and adapted from the novels by Julia Quinn, the series has earned praise for its romantic narrative, opulent production design and inclusive casting.
The International Maritime Organization (IMO) will convene an extraordinary session next week to discuss threats to shipping in the Middle East and particularly in the Strait of Hormuz, the agency said Thursday. The Strait of Hormuz -- through which a fifth of global crude passes -- has effectively shut down by Iranian retaliatory attacks against ships and its Gulf neighbours.
What is the Jones Act and why is the Trump administration considering a shipping waiver now: Oil surged above $100 per barrel this week. Markets reacted fast. The IranIsrael tensions now threaten nearly 20% of global crude supply moving through the Strait of Hormuz. This route carries about 20 million barrels of oil per day. Any disruption shakes the global oil market. The Trump administration is preparing a possible Jones Act waiver. The Jones Act blocks foreign ships from carrying fuel between
Anywhere I see suffering, that is where I want to be, doing what I can, the quote by Princess Diana shows her deep compassion and commitment to helping those in need. As a prominent member of the British Royal Family, Diana became globally admired for her humanitarian work. Her words encourage individuals to respond to suffering with kindness and action, reminding the world that empathy, courage, and small acts of help can create meaningful positive change.
The annual awards of the Maharana of Mewar Charitable Foundation (MMCF) represent one of India's enduring traditions of honouring individuals whose work embodies service, courage and dedication to society. The awards were instituted in 1980 by Bhagwat Singhji Mewar, the 75th Custodian of the House of Mewar.
Bruce Lee's powerful quote emphasizes that perceived limits are often self-imposed mental barriers. He believed that what appear to be plateaus are merely temporary stages, urging individuals to continuously push beyond their comfort zones to unlock their true potential and achieve endless growth.
Old Dominion University has issued an urgent alert for an active threat at Constant Hall. Students and faculty are instructed to follow Run-Hide-Fight protocols. Emergency personnel, including Norfolk Police, are on the scene. The university is advising everyone to avoid the area. Further updates are expected soon as the situation develops.
The United States has spent over 11.3 billion dollars in the first six days of its conflict with Iran. This initial cost is expected to increase significantly as the war continues. The rapid use of high-precision weapons has driven up daily expenses. Lawmakers are now facing a funding fight in Congress as the war's scope and duration remain uncertain.
The Hunting Wives Season 2: The drama, adapted from May Cobbs novel and developed for television by Rebecca Cutter, quickly emerged as a breakout hit following its premiere on Netflix in July 2025.
Many Americans are getting larger tax refunds during the 2026 filing season as new tax cuts begin to take effect. Early government data shows millions of returns have already been processed with higher average refunds. The changes mainly benefit workers earning tips, overtime, and seniors. However, cryptocurrency taxes remain unchanged, meaning digital asset investors still follow the same tax rules.
SSI benefits 2026: Millions of Americans receiving Supplemental Security Income could soon see major changes. A new bipartisan proposal in Congress seeks to update key SSI program rules. These updates aim to address outdated financial realities and poverty rates among recipients. Proposed changes include increasing income exclusion limits and resource thresholds.
The 2026 Ravinia Music Festival in suburban Chicago reveals its full summer lineup, featuring over 90 concerts across jazz, blues, rock, pop, country, Latin, and classical genres. Headliners include Paul Simon, Brandi Carlile, Ricky Martin, Chance the Rapper, Bonnie Raitt, Rod Stewart, Miranda Lambert, Alabama Shakes, and Hugh Jackman, many making their festival debut. Indoor concerts begin in June, with the full season running through September.
Quote of the day by Khalil Gibran: More than 9 million copies sold worldwide and translated into 100+ languages. The Prophet remains one of the most searched spiritual books and Khalil Gibran works online. The Quote of the Day by Khalil Gibran says: Out of suffering have emerged the strongest souls; the most massive characters are seared with scars. The message is simple yet powerful. Pain builds strength. Lifes struggles shape character. Published in 1923, the book includes 26 poetic essays on
Assam's electoral landscape is heating up as the BJP finalizes seat sharing with AGP, while Congress and its ally AJP engage with Jharkhand CM Hemant Soren. Meanwhile, Samajwadi Party and LJP are assessing their prospects, and CM Sarma accuses Congress leader Pawan Khera of attempting to contact militant groups.
The anonymous reader, who was midway through the novel, admitted being puzzled by the enduring appeal of the 19th-century classic by Emily Bront. By Chapter 12, the user said they had reached a stage where the characters seemed troubled, immature and toxic.
President Donald Trump stated stopping Iran from obtaining nuclear weapons is his top priority, more so than oil prices. The Middle East conflict is causing the largest oil supply disruption globally. The International Energy Agency approved releasing 400 million barrels from strategic reserves. Gulf countries have reduced oil production significantly, impacting world demand.
Ayatollah Mojtaba Khamenei, Iran's new Supreme Leader, has raised alarm bells with a powerful ultimatum targeting US military installations within the region. Highlighting the critical role of the Strait of Hormuz in diplomatic maneuvers, Khamenei has affirmed that these bases are on a direct path for attack.
Bengaluru's Yelahanka Gas Power Plant has stopped operations. A gas supply shortage has halted the plant. This facility is crucial for managing peak electricity demand. The shutdown could challenge power management in Karnataka. However, immediate power cuts in Bengaluru are not expected. Other energy sources will meet demand.
Rising oil prices can affect much more than just gasoline costs. When crude oil becomes expensive, transportation, food production, packaging, and manufacturing costs can also increase. This can push up prices for groceries, travel, clothing, and many everyday household items. Understanding how oil prices affect the economy can help people plan their budgets and manage rising living costs.
Assam Police is cracking down on rumors of LPG and fuel shortages. The government is ensuring adequate stock and has set rules to prevent panic buying. Local refineries will boost production. Meanwhile, a potential LPG shortage could boost the instant tea market. Consumers may shift to quicker beverage options. This trend offers new avenues for tea-producing regions like Assam.
I don't care what it is in life: listen to your heart, by Paul Walkers quote reflects the importance of trusting ones inner voice when making life decisions. His message encourages people to follow their passions and remain true to themselves despite outside pressure. The quote resonates widely because everyone faces moments of doubt, and listening to ones heart often leads to a more fulfilling, authentic, and meaningful life journey.
Social Security COLA: The projected 2027 Social Security cost-of-living adjustment stands at 1.7% based on February inflation data. But rising oil prices could push it higher. Brent crude has jumped about 30%, lifting gasoline prices and increasing the CPI-W index used for COLA calculations. If energy costs stay elevated through summer, millions of Social Security beneficiaries may receive a bigger benefit increase next year to help offset rising retiree living costs and inflation pressure.
January brought a refreshing twist to America's trade dynamics, as the trade gap notably contracted. Exports surged, primarily propelled by industrial supplies and essential capital goods, while imports dipped slightly across multiple categories. This significant shift occurs amid the backdrop of changing trade policies and temporary import duties, showcasing the intricate tapestry of the U.S. trade landscape.
Oil price today: Global oil markets are suddenly on edge. Brent crude briefly surged above $100 per barrel, the highest level in over a year. Around 20% of the worlds oil supply moves through this narrow waterway, making any disruption a major shock to global energy markets. At the same time, U.S.Israel military operations targeting Iran-linked facilities have pushed geopolitical risk premiums sharply higher. Traders are now pricing in potential supply disruptions across the Middle East. Meanwhi
Iran war: India's crude oil situation remains quite comfortable but not all is well on the LPG front as of now as Hormuz, the primary passage, remains besieged, the govt informed.
Quote of the Day: Ralph Waldo Emersons quote 'for every minute you are angry, you lose sixty seconds of happiness' means that anger wastes precious moments of life that could be spent in joy. Every minute spent upset takes away from your happiness. True peace comes from letting go of anger and choosing positivity instead.
The Badrinath-Kedarnath Temple Committee will restrict entry for non-Sanatan Dharma followers into 47 temples. This includes Badrinath and Kedarnath shrines. The decision aims to preserve the sanctity of the pilgrimage sites. The committee also approved a budget of Rs 121 crore for the Char Dham Yatra. Opening dates for the temples have been announced for the 2026 season.
A 25-year-old woman died after allegedly jumping from the 13th floor of a Greater Noida West residential society. Police were alerted early Tuesday morning. The woman was found critically injured and later declared dead at a hospital. She was reportedly battling depression and had a past suicide attempt. Investigations are ongoing, including CCTV footage review.
Mega Millions Jackpot: The winning ticket matched all six numbers in the Mega Millions draw, bringing to an end a lengthy run of drawings without a jackpot winner since December last year.
Start your day with these six simple millet breakfasts designed for 2026. From the iron-rich Ragi porridge to the gut-friendly Barnyard millet dosa, these ancient Indian supergrains provide sustained energy, high fiber, and essential minerals, helping you maintain a healthy weight and steady focus throughout your morning routine.
Bitcoin BTC USD price drops as oil surges past $100: Bitcoin experienced a 2% dip, hovering around $70,000 as oil prices surged over $100 a barrel due to escalating Middle East tensions and attacks on oil tankers. Despite short-term caution, analysts note potential for Bitcoin gains, citing whale accumulation and historical funding rate patterns.
Currently, the US Navy lacks the resources to escort oil tankers through the crucial Strait of Hormuz. However, Energy Secretary Chris Wright assures that this situation is poised to improve shortly. Military operations are concentrated on countering Iran's military advancements. In collaboration with global allies, the US aims to facilitate the reopening of the Strait.

24 C