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The Economic Times

Global Business / The Economic Times

'Loneliness' in China is now a $1 trillion 'singles economy' in the world's second most populous country with 1.4 billion people

Chinas growing number of people living alone is driving a $1 trillion singles economy, with businesses offering products and services tailored to solo consumers, from one-person meals and travel to pets, gaming and AI companions. The economy is likely to grow to $4 trillion by 2030. The trend is also reshaping spending habits, ageing concerns and Chinas wider consumer market.

17 Sep 2026 2:56 pm
Quote of the day by philosopher Ayn Rand: 'The hardest thing to explain is the glaringly evident which everybody has decided not to see'

Ayn Rand's quote highlights evident truths people collectively choose to ignore. She was a Russian-born novelist and philosopher who moved to America. Her novels explored individualism and the conflict with social pressures. Rand developed Objectivism, a philosophy centered on reason and self-interest. Her influential and controversial legacy continues to spark debate today.

17 Sep 2026 1:25 pm
Quote of the Day by Sylvia Plath: If you compare yourself with others, you may become vain or bitter - her timeless lesson on self-worth, ambition and why no two lives can be measured the same way

Quote of the Day by Sylvia Plath on comparision: Constantly measuring ourselves against others can foster bitterness and insecurity. Sylvia Plath provides a poignant reminder to adopt a more compassionate approach to personal growth. Balancing self-discipline with kindness toward oneself empowers us to find peace. Her insights encourage recognition of our innate value, essential for constructive self-improvement.

17 Sep 2026 1:24 pm
The Wrigley family spent 56 years reshaping Catalina Island after buying it in 1919; in 1975, they gave 42,135 acres away to protect the California island

In 1919, William Wrigley Jr. acquired the Santa Catalina Island Company, and his family dedicated the next 56 years to managing the island, effectively balancing tourism with environmental conservation. Their legacy continued in 1975 when they donated most of Catalina to a conservancy, safeguarding its diverse ecosystems and wild landscapes for future generations to explore and enjoy.

17 Sep 2026 1:20 pm
In 1975, NASA sent a pocket calculator on Apollo-Soyuz as a backup if its main computer failed; 37 years later, it ended up at the Smithsonian

NASA utilized an HP-65 calculator as a crucial backup system during the Apollo-Soyuz mission. This programmable device carried essential guidance equations in case the main computer failed. The Apollo-Soyuz mission marked the first joint spaceflight between American and Soviet crews. While the calculator never performed its backup function, its presence ensured mission safety. This historic calculator now resides in the Smithsonian National Air and Space Museum.

17 Sep 2026 1:10 pm
In 1992, scientists sent 230 hornets into space to see if they could build a nest without gravity; after 8 days, they returned without building one

During a 1992 space mission, the Endeavour shuttle became home to 230 hornets, prompting scientists to investigate how these insects build nests without the constraints of gravity. Sadly, a humidity crisis within their habitat led to many casualties, undermining the experiments goals. Despite the setbacks, this mission revealed significant difficulties that living organisms encounter in outer space.

17 Sep 2026 1:00 pm
Buckingham Palace responds to Charles Spencers claim that King Charles said Diana would be forgotten

Buckingham Palace issued a pointed response to Charles Spencer's memoir claim. Spencer alleges King Charles III said Diana would be forgotten soon. The Palace noted grief can affect memory and judgment over time. This statement came during a dispute over the funeral procession for Diana. Spencer's book revisits Diana's life and the events surrounding her death.

17 Sep 2026 12:50 pm
China's Xi calls for 'bigger, stronger' advanced manufacturing sector

Chinese President Xi Jinping urged China to bolster its advanced manufacturing sector. He emphasized strengthening control over crucial industrial supply chains. This initiative aims to boost technological self-reliance and economic growth. Beijing is shifting resources to support this high-tech manufacturing expansion. The focus is on intelligent manufacturing and indigenous high-end technologies.

17 Sep 2026 12:16 pm
China's car glut has long flooded the world. Now comes the cleanup

China's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation with Chinese partners is an early indicator. Excess production is pushing Chinese automakers to export aggressively, causing global trade responses. Analysts predict a broad industry restructuring over the next two to three years. This consolidation aims to improve efficiency and address the challenges of overcapacity.

17 Sep 2026 12:08 pm
LVMH signed a secret 2002 pact to buy Hermes heir's shares. Now he says his fortune is missing

Luxury giant LVMH signed a secret 2002 agreement to buy Hermes shares from Nicolas Puech. The company also paid his wealth manager over twenty million dollars in fees. Puech alleges his fortune vanished through schemes involving his late wealth manager. LVMH denies any attempt to acquire Puech's stake against his will. This revelation raises questions about LVMH's past denials and the missing shares.

17 Sep 2026 11:58 am
In 1861, seven Southern states seceded, Lincoln had taken office and Fort Sumter in Charleston Harbor set the stage for the deadliest war in American history

In April 1861, the United States reached a critical juncture as several southern states withdrew from the Union. The firing on Fort Sumter marked the start of the Civil War, prompting President Lincoln to urgently summon volunteers to quell the uprising. As four additional states joined the Confederacy, the war's scope widened significantly.

17 Sep 2026 11:54 am
One AI issue unites Republicans and Democrats: Data centre limits

Americans increasingly worry about artificial intelligence's environmental effects. Many citizens are concerned about data centers' local electricity and water usage. A majority of people support limiting new data center construction nationwide. Most Americans favor requiring data centers to use clean energy sources.

17 Sep 2026 11:37 am
The US-China space race is going where no war has gone before

American troops are preparing for potential combat operations around the Moon. The US military is expanding its focus beyond Earth's orbit into cislunar space. This expansion is driven by intelligence warnings about potential adversaries' space warfare ambitions. China has also established its own military space troops, which the US views as a threat. The US Space Force plans to double its size over the next five years.

17 Sep 2026 11:33 am
Canadas European pivot draws Trump threat as Mark Carney prepares for EU Parliament speech

Canadian Prime Minister Mark Carney addresses the European Parliament amid escalating US trade disputes. Europe proposed associate member status for Canada, which was warmly received by lawmakers. President Trump warned of economic measures if the move is perceived negatively. Canada aims to diversify relationships and strengthen its independence from the United States. This deeper partnership offers Canada strategic autonomy and Europe a closer ally.

17 Sep 2026 11:11 am
Self-taught programmer from Maryland who built Fortnite began buying North Carolina wilderness in 2009; today, his land holdings exceed 54,000 acres as he works with conservation groups to save them from developers

Tim Sweeney, the founder of Epic Games, has quietly acquired over fifty thousand acres of North Carolina land. He began purchasing vulnerable forests around 2009 when land prices were lower. Sweeney has also donated thousands of acres to conservation organizations for protection. His land holdings are managed through several limited liability companies across fifteen counties. The billionaire now focuses on permanently protecting his existing properties.

17 Sep 2026 11:05 am
Volkswagen overhaul puts Seats future at risk as Chinese rivals reshape global auto industry

Volkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation amid rising Chinese competition. The company is focusing investment on its strongest and most profitable brands. Many automakers face difficult choices due to declining sales and EV transition costs. This upheaval is reshaping the global automotive landscape with fewer players.

17 Sep 2026 11:02 am
Operation Sohan launched by Indian Army, CRPF and J&K Police neutralise two terrorist in Udhampur, search ongoing

Two terrorists suspected to be linked to Pakistan-based Jaish-e-Mohammad were killed during Operation Sohan in Udhampur, Jammu and Kashmir, officials said. The joint operation involving the Army, Jammu and Kashmir Police and CRPF began after intelligence inputs indicated terrorist presence in the Brattal area. Security forces continue search and surveillance operations amid rain, difficult terrain and poor visibility.

17 Sep 2026 10:59 am
LA news helicopter crashed in birthplace (and, arguably, epicenter) of 'eye-in-the-sky' reporting

A news helicopter crashed live on air while covering a collision, killing three people. The aerial journalist Eliana Moreno and pilot George Marciniw died in the aircraft. Another person, Edy Gutierrez Mejia, perished on the ground during the incident. News helicopters have a long history in Los Angeles, originating in 1958. This tragic event adds to a history of fatal crashes involving news helicopters in the United States.

17 Sep 2026 10:26 am
NASA discovers Colosseum-sized Moon crater from once-in-132-year impact

Scientists found a large lunar crater from a recent impact event. This massive hole, larger than the Roman Colosseum, was initially undetected. NASA's Lunar Reconnaissance Orbiter captured the formation in May 2024. The impact churned lunar soil, creating a cold spot around the crater. Researchers are assessing debris risks for future lunar infrastructure.

17 Sep 2026 10:09 am
iqoo 16 launch date in India, price, camera, features and specs: What Indian buyers should know

iqoo 16 launch date India: iQOO 16 is set to launch in China on September 29, 2026, while its India launch date and price are yet to be confirmed. The flagship is expected to feature a 2K AMOLED display with a 165Hz refresh rate, Snapdragon 8 Elite Gen 6 Pro chipset, triple 50MP rear cameras, a large battery and 100W fast charging.

17 Sep 2026 9:56 am
Quote of the day by William Wordsworth: From the body of one guilty deed a thousand ghostly fears and haunting thoughts proceed

William Wordsworth, an influential English Romantic poet, delved deeply into the persistent psychological effects of guilt. He famously noted that a single misdeed can spawn numerous fears. Born in 1770, Wordsworth celebrated nature and human emotion, utilizing accessible language that challenged the literary conventions of the 18th century.

17 Sep 2026 9:56 am
PM Modi a symbol of national service and dedication: BJP on his 76th birthday

Prime Minister Narendra Modi celebrated his birthday and 25 years in public service. Leaders praised his dedication to national development and public welfare. India is achieving new heights of self-reliance and global recognition under his guidance. His leadership has fostered progress in infrastructure and citizen-centric governance. Modi's journey inspires millions with its commitment to service and nation-building.

17 Sep 2026 9:53 am
Registration of Births and Deaths (Amendment) Act to come into force on Oct 1

New regulations for delayed birth and death registrations will begin on October 1, 2026. This law requires judicial intervention for registrations filed over two years late. Applications between one and two years will need executive magistrate approval. The government aims to encourage timely reporting of vital life events.

17 Sep 2026 9:51 am
Sridevi property dispute: Where is 2.7-acre Chennai land located for which husband Boney Kapoor and daughters Janhvi and Khushi received SC notice?

Sridevi property dispute case: The Supreme Court has issued notices to Boney Kapoor and his daughters regarding a Chennai property dispute. A bench directed both parties to maintain the status quo concerning the land. Mediation was suggested, with a retired judge to oversee the process. The Madras High Court had previously ruled in favor of the Kapoor family. The matter is scheduled for further hearing on December 18.

17 Sep 2026 9:49 am
Iranian drones, missile target US-contracted vessel near Strait of Hormuz, crew injured: Report

A US-contracted vessel faced an Iranian drone and missile strike near the Strait of Hormuz. Minor crew injuries, including smoke inhalation, were reported following the projectile impact. This maritime incident occurred amid ongoing military conflict and regional tensions. Commercial shipping lanes around the vital waterway have been frequently disrupted. Neither Washington nor Tehran has officially confirmed the details of this event.

17 Sep 2026 9:44 am
Asia cuts LNG buying, but $26 gas sends Europe shopping

Asia's liquefied natural gas imports are experiencing an eight-year low this September. High spot prices are causing buyers in China and South Asia to reduce their purchases. This situation allows Europe to secure more vital gas cargoes for winter storage needs. Qatar's reduced LNG shipments due to regional conflict have tightened the global market. Consequently, spot prices for the super-chilled fuel have reached multi-year highs.

17 Sep 2026 9:44 am
UP PGT Notification 2026 out: Check vacancy, application form, eligibility criteria, fees and more

The UPESSC has released the UP PGT Notification 2026 for 2,607 teaching vacancies in aided secondary schools across Uttar Pradesh. Applications begin September 18, with the fee deadline on October 17 and corrections allowed until October 21. The written examination will be held on December 15 and 16, with eligibility, fees, vacancies and selection rules varying by subject and category.

17 Sep 2026 9:32 am
'e-rickshaw Se Spiti': Muzaffarnagar driver three-wheeler to Spiti Valley in Himachal, documents mountain journey on Instagram

Muzaffarnagar e-rickshaw driver Sumit Kumar Prajapati travelled from Manali to Spiti Valley in his battery-powered three-wheeler, documenting the challenging mountain journey on Instagram, including charging stops, rough roads and his arrival at Kunzum Pass.

17 Sep 2026 9:17 am
US-Canada trade war heats up: Trump signs memo to exclude Canadian products from federal procurement

US President Donald Trump has directed his administration to identify and remove Canadian-origin goods from the US federal civil procurement system, escalating a broader trade dispute with Ottawa. The White House said Canada had disadvantaged US companies in government procurement, while the latest move adds purchasing restrictions to existing tariffs and market-access disputes.

17 Sep 2026 9:01 am
Quote of the Day by Sigmund Freud: Dogs love their friends and bite their enemies, quite unlike people, who are incapable of pure love and - why we keep loving the people who hurt us

Quote of the Day by Sigmund Freud: Human connections are a complex mix of feelings, often contradictory. Freud understood this emotional depth. Unlike pets, we can feel both love and dislike for people, which is totally human. Accepting this mixed-up emotional side helps us build better relationships and be more real with our feelings.

17 Sep 2026 8:58 am
A private call after Princess Dianas death resurfaces decades later, prompting Buckingham Palace to respond to Charles Spencers explosive memoir claim

Princess Diana's brother, Charles Spencer, has revealed a private funeral arrangement discussion. He claims Prince Charles reacted bitterly to public grief over Diana. Buckingham Palace issued a rare statement acknowledging the pain of grief. The memoir also details the controversial decision for princes to walk behind the coffin. Spencer wrote the book to mark the approaching thirtieth anniversary of his sister's death.

17 Sep 2026 8:56 am
Malaysia talks to rival airlines as it monitors AirAsia's financial health, sources say

Faced with challenges, the Malaysian government is exploring options for other airlines to take over AirAsia's domestic market presence. This comes as officials keep a close watch on the financial viability of the struggling airline. Malaysia Airlines and Batik Air are in talks about potential organic growth. AirAsia, grappling with rising jet fuel expenses and substantial liabilities, is in urgent need of fresh capital for debt restructuring.

17 Sep 2026 8:52 am
'No doubt' of climate change role in deadly China-Nepal flood: Scientists

Climate change was a core factor in last month's deadly glacial mountain collapse on the China-Nepal border that killed more than 1,400 people and left at least 6,600 missing, scientists said Thursday. Nepal estimates the reconstruction bill after deadly floods sparked by a glacial mountain collapse last month will amount to $4.78 billion.

17 Sep 2026 8:50 am
Oil prices extend losses as fears of Middle East supply disruptions ease

Oil prices fell further on Thursday, building on losses from the day before, largely influenced by Saudi Arabia's promise of more crude. Reports of shipments transported through Oman alleviated some supply worries, and hopes for decreased tensions in the Middle East kept prices from rising. However, with U.S. crude inventories showing a smaller-than-expected draw last week, fears over the escalating conflict in the region still loom large.

17 Sep 2026 7:25 am
Trump calls Canada joining EU a 'hostile act', threatens more tariffs on Europe

US President Donald Trump warned that the European Union could face heavier tariffs if Canadas proposed associate membership is intended to harm the United States. Calling the prospect laughable and Canada a terrible trade partner, Trump also suggested Washington could restrict trade with Europe in certain areas.

17 Sep 2026 6:58 am
Amber Glenn dated a two-time Olympic gold medalist 10 years ago; heres what we know about her relationship status now

As of 2026, Olympic figure skater Amber Glenn is single, having previously shared a romance with fellow skater Nathan Chen during their teenage years. Known for her openness, Glenn has discussed her bisexual and pansexual identity publicly, while also addressing rumors about her connection with fellow athlete Alysa Liu. Her reserved personal life stands in stark contrast to her rising fame and public persona.

17 Sep 2026 6:58 am
Narendra Modi facts you may not know: 10 little-known details from Indian PMs life

Prime Minister Narendra Modis journey to the countrys highest elected office was shaped by experiences ranging from childhood poverty and a fascination with spirituality to poetry, RSS organisational work and an early ambition to join the Army. Here are 10 lesser-known episodes from his life, drawn from his own accounts and documented reports.

17 Sep 2026 6:46 am
100% tariffs on India? US House passes bill authorising new duties on Russia oil buyers

The US House of Representatives has passed legislation authorising President Donald Trump to impose tariffs of up to 100% on India, China and other countries buying Russian oil and gas. The bill, which also targets Russias leadership, energy sector and shadow fleet, now goes to Trump for his signature.

17 Sep 2026 6:22 am
Quote of the day by Peter Max, 'Get into your own creativity. Sketch and paint with different mediums and follow your heart' offers timeless powerful philosophy of creativity, experimentation, self-expression, life lessons

Peter Max's quote feels especially relevant: instead of trying to reproduce somebody elses vision, pick up a pencil, brush or whatever creative tool speaks to you, experiment without fear, and give your own imagination room to become visible.

17 Sep 2026 5:38 am
Life lessons quote of the day by W. Clement Stone, 'Aim for the moon. If you miss, you may hit a star' offers powerful timeless advice, wisdom on ambitious goals, resilience, purposeful action, finding value in setbacks

Quote of the day by W. Clement Stone remains compelling because it gives ambition a hopeful dimension without pretending that every attempt will succeed exactly as planned. It encourages people to think beyond immediate limitations, pursue goals that genuinely matter and treat unexpected outcomes as part of the journey rather than proof that the journey was worthless.

17 Sep 2026 5:05 am
In 1993, Michael Jackson and two collaborators patented shoes for an impossible-looking lean; the secret was hidden beneath their heels

Story of Michael Jackson's patented anti-gravity shoes remains one of the most intriguing pieces of music and performance technology from the 1990s. What looked like an impossible feat was actually the product of carefully engineered footwear, concealed stage hardware and precise choreography.

17 Sep 2026 4:42 am
In 2023, researchers tested a Vancouver rain garden against a tire-derived toxin; it kept more than 90% from passing through into drainage

A Vancouver bioretention cell showed a 95% reduction in 6PPD-quinone mass. Researchers found bioretention cells offer a 10-fold reduction in this tire chemical. Modeling predicted over 90% mitigation of loadings under typical storm conditions. This study provides evidence for bioretention's effectiveness in managing tire-derived chemicals.

17 Sep 2026 3:51 am
Motivational Quote of the Day by Zack Snyder: Maybe music is the vehicle that transports us to that other world Timeless life lessons on imagination, emotion, and the enchanting effect of music

Motivational Quote of the Day by Zack Snyder: Zack Snyders quote about music being a vehicle that transports us to another world explores the extraordinary emotional and imaginative power of music. His words suggest that music can take us beyond ordinary experiences, spark creativity, awaken memories and emotions, and create a sense of connection with worlds that exist beyond everyday life.

17 Sep 2026 3:12 am
Meet Yan Hongsen, the 11-year-old Chinese boy who wrote 600 lines of code, built a rocket and became known as Rocket Boy

An 11-year-old boy named Yan Hongsen gained attention for his rocket projects in 2024. He taught himself programming, physics, and chemistry to build rockets and code systems. Yan began building his first rocket, Sen Xing, in August 2022 and launched it in June 2023. His initial rocket launch unfortunately ended in a crash due to a parachute issue.

17 Sep 2026 2:54 am
In 2006, Nicole Kidman became a UN goodwill ambassador; she later donated $500,000 to efforts fighting violence against women

Nicole Kidman became a UNIFEM Goodwill Ambassador in 2006, focusing on women's issues. She later announced a significant donation to combat violence against women. Her work now continues with UN Women, highlighting human rights violations. Kidman's advocacy aims to raise global awareness and promote change.

17 Sep 2026 1:53 am
In 2020, NASA put seeds from 11 crops aboard an experimental spaceplane; after months in orbit, scientists brought them back to test whether they could still grow

In 2020, NASA put seeds from 11 crops aboard an experimental spaceplane; after months in orbit, scientists brought them back to test whether they could still grow. The research examined how microgravity and space radiation affect seed viability, germination, plant development and molecular changes. The study used the X-37B Orbital Test Vehicle-6 and included ground controls to compare space exposure with radiation simulations and Earth conditions.

17 Sep 2026 1:48 am
Their 3,500-acre farm was failing in England's West Sussex. Isabella Tree and Sir Charles Burrell stopped farming it, and 20 years later rare birds, butterflies and wildlife have returned

A struggling 3,500-acre farm in West Sussex took an unexpected turn when Isabella Tree and Sir Charles Burrell stopped conventional farming and began rewilding Knepp. Two decades later, rare nightingales, turtle doves, purple emperor butterflies, beavers and white storks have returned, transforming the estate into a thriving wildlife haven and commercial enterprise.

17 Sep 2026 1:41 am