The Economic Times

West Asia is experiencing escalating tensions as Iran launches attacks while the US and Israel target Iran. Industrialist Harsh Goenka humorously compared the complex geopolitics to a Bollywood storyline, highlighting shifting alliances and enduring rivalries. India has expressed concern and urged restraint, while Pakistan condemned US-Israel strikes.

Finland's President Alexander Stubb stated India and the Global South will determine the future global order. He believes Western dominance is ending. Decisions made by India will influence whether the world becomes cooperative or confrontational. This marks a significant shift in global politics. Emerging powers, especially India, will play a crucial role.

Morgan Stanley layoffs 2026: Morgan Stanley is reducing its workforce by approximately 2,500 employees. This move impacts about 3% of its global staff. The job cuts are happening across key departments like investment banking and wealth management. This decision comes even after the bank achieved record revenue. The firm is prioritizing efficiency and technology adoption.

Australian shares saw a modest rebound on Thursday, March 5, 2026, with the S&P/ASX 200 index gaining 0.44%. Investors bought back into beaten-down bank, energy, and tech stocks after a recent market slump. Viva Energy Group and Magellan Financial Group were among the top performers, while mining stocks experienced mixed fortunes.

Investigators are revisiting a backpack seen in surveillance footage related to Nancy Guthrie's disappearance. New developments have emerged in the timeline of the 84-year-old's vanishing. Authorities are examining hundreds of thousands of vehicles seen in the area. The search continues with a reward of up to one million dollars for information. The family remains hopeful for her safe return.

Many savers forget to act when their certificate of deposit (CD) reaches maturity. This can lead to an automatic renewal with a lower interest rate and another lock-in period. Experts say checking your options early can help you earn more. Comparing CD rates, choosing a new account, or using a savings account can help you stay flexible and avoid losing potential interest.

Indian banks show a gender imbalance with women holding just 17% of board seats. While regulations mandate female directors, their influence in top roles remains limited. The banking sector lags behind broader corporate trends and global benchmarks. Experts suggest a shift from symbolic inclusion to strategic governance is needed for meaningful progress and stronger investor confidence.

Quote of the Day by Einstein: Over 85 years after it began, the Einstein-Bohr debate remains the most consequential intellectual rivalry in modern science one that shaped quantum mechanics, redefined human understanding of reality, and produced two Nobel Prize winners who genuinely admired each other. Albert Einstein's famous declaration, God does not play dice with the universe, was not just a quote. It was a direct challenge to Niels Bohr's quantum theory a challenge Bohr answered with equal

A brief interaction between Travis Kelce and Kai Trump during a TGL event rapidly gained the spotlight online. Kelce attended the match at the SoFi Center with his brother Jason Kelce, while Kai was present with her mother, Vanessa Trump, and golfer Tiger Woods. A short video featuring Kelce and Kai talking casually circulated widely on social media. The moment drew additional attention due to the political history between Kelces fiance, Taylor Swift, and Kais grandfather, Donald Trump.

Indian Rice Exporters' Federation seeks government intervention for shipping disruptions linked to the Iran crisis. They request official recognition of these events as exceptional circumstances. This aims to alleviate contractual performance issues and buyer pressures. The federation also seeks temporary working capital support for exporters. Measures are requested to waive port charges for stuck cargo and allow cargo redirection.

The Central Industrial Security Force is enhancing its capabilities to counter drone and cyber threats. A new training center is being established for drone operations and anti-drone systems. The force is also boosting its cyber security capacity. These measures are part of a modernization plan to protect vital installations across India.

Today's word of the day: Malneirophrenia is the unsettled emotional haze that remains after a disturbing dream. In simple terms, Malneirophrenia describes the lingering unease felt after waking from a nightmare.

Quote of the day: Todays reflection focuses on resilience, the ability to withstand hardship and turn suffering into inner strength. The theme echoes Paines own turbulent life, shaped by poverty, imprisonment and political exile.

Amidst reports of closure of Straits of Harmouz, the assurance from United States on insurance coverage and keeping the straits open notwithstanding, the prospect of Indian Tea exports do look grim as of now- Shailja Mehta, President Tea Association of India

Elevate your cardiovascular health with these seven natural superfoods. From the cholesterol-lowering power of oats to the anti-inflammatory benefits of turmeric and walnuts, this story highlights accessible, science-backed ingredients that protect your heart, improve circulation, and promote a longer, more vibrant life through simple dietary changes.

Consigliere meaning: The word consigliere signifies a trusted advisor. Originally linked to Mafia bosses, this role now extends to politics and business. A consigliere offers crucial guidance for significant choices. The term's usage has broadened considerably. It describes someone whose counsel is highly valued by leaders in many sectors.

Upgrade your workday with seven high-protein Indian lunchbox ideas tailored for 2026. From Soya Chunk Pulao to Sprouted Salad and Tandoori Chicken, these nutrient-dense meals provide sustained energy, prevent afternoon slumps, and support muscle health, ensuring you stay productive and satiated throughout your busy office schedule.

Nothing has unveiled its new Phone 4a series, including the Phone 4a and Phone 4a Pro, alongside the Nothing Headphone (a). These devices boast updated specifications, AI features, and multiple storage options, with pre-orders for the Phone 4a now open on Flipkart.

India's External Affairs Minister S. Jaishankar spoke with his Iranian counterpart amidst escalating Middle East tensions. This follows India's Foreign Secretary offering condolences at the Iranian Embassy for the death of Supreme Leader Ayatollah Ali Khamenei, who was killed in an attack. Iran has warned of a strong response to the perceived aggression.

More than 300 million Americans will shift clocks on March 8, 2026, when Daylight Saving Time US 2026 begins. At 2:00 a.m. local time, clocks spring forward to 3:00 a.m., starting longer daylight evenings across most U.S. states. The DST schedule runs until November 1, 2026. The change supports evening commerce, travel schedules, and outdoor activity. However, Arizona and Hawaii skip Daylight Saving Time. Several U.S. territories also stay on standard time year-round. Smartphones adjust automati

Explore seven traditional Indian herbal drinks designed to optimize your digestion and gut health. From the probiotic-rich Chaas to the potent Ajwain and Bel infusions, this story highlights accessible, spice-based elixirs that naturally eliminate bloating and acidity while supporting your bodys metabolic fire throughout the year.

In the pursuit of radiant skin, we often focus on what we apply topically, yet true luminosity begins within the digestive tract. The traditional Indian diet is naturally rich in anti-inflammatory spices and antioxidant-dense produce that act as internal cosmetics. Here is the story of six daily Indian staples that can transform your skin health by 2026.

Flying Wedge Defence & Aerospace has successfully tested FWD YAMA, India's first autonomous swarm interceptor. This new technology is designed for counter-drone warfare and air defence missions. It offers a cost-effective solution to combat the growing threat of low-cost drones. The system uses artificial intelligence and swarm coordination for precision interception.

In an innovative effort to boost population growth, Andhra Pradesh is set to roll out a Rs 25,000 financial incentive for parents welcoming a second child or more. With the goal of elevating the Total Fertility Rate to the ideal 2.1, the state is gearing up to unveil a comprehensive population management policy by March, with implementation starting in April.

In an inspiring address, Canadian Prime Minister Mark Carney expressed his admiration for Prime Minister Narendra Modis tireless efforts in promoting welfare programs. Carney highlighted the transformative financial reforms that have brought countless individuals into Indias formal economy. Remarkably, he noted Modi's 25-year streak without a single day off, showcasing his dedication.

During a recent press conference, Chief Minister Mamata Banerjee of West Bengal leveled strong criticisms against both the Central government and the Election Commission of India. Her major concern revolves around the concerning possibility that names from the Matua community could be removed from the voter list, undermining their essence of citizenship.

In a historic political shift, Nitish Kumar announced his resignation as the Chief Minister of Bihar on Thursday, filing his nomination for the Rajya Sabha polls. After a record-breaking 10 terms and nearly two decades at the helm, Kumars move to the Upper House of Parliament paves the way for the BJP to potentially appoint Bihars first-ever Chief Minister from their party.

Chief Election Commissioner Gyanesh Kumar has arrived in Kochi for a three day mission focused on the Assembly elections. A familiar face in the region as a former District Collector, hes poised to engage with the youth, promoting voter education through interactive campaigns.

Finnish President Alexander Stubb is on a state visit to India. He met Prime Minister Narendra Modi to strengthen ties. Stubb called India a key strategic partner for Europe. He emphasized India's importance in global affairs. Reforms in global institutions were discussed. India's permanent seat at the UN Security Council is crucial. The visit aims to deepen cooperation across sectors.

Iran's internet is still around 1 percent of ordinary levels, monitor Netblocks said on Thursday, leaving most Iranians struggling to access independent news or communicate with the outside world. Iran's internet blackout has now exceeded 120 hours with connectivity still flatlining around 1 percent of ordinary levels, internet monitor Netblocks said in a message posted on social media platform X on Thursday.

Azerbaijan is preparing to retaliate after Iranian drones struck Nakhichevan Airport and a school. Two civilians were wounded in the midday attacks. The foreign ministry summoned the Iranian envoy to protest the violation of international law. Azerbaijan vows to protect its territorial integrity and sovereignty. These attacks will not go unanswered.

Defending champions India are set to face England in the second semi-final of the T20 World Cup 2026 at Mumbais iconic Wankhede Stadium this Thursday. Former England pacer Stuart Broad has identified this one player as the huge danger for the Three Lions, emphasizing that his aura and effortless power hitting could propel India past the 200-run mark if not dismissed before the death overs.

The current global shipping crisis is hitting Indian rice exporters hard, forcing the Indian Rice Exporters Federation to call on the government for immediate support. As they grapple with a severe lack of containers, unexpected vessel cancellations, and skyrocketing shipping costs, the domestic market is feeling the squeeze with rising prices and strained cash flow.

A Bengaluru tech professional, Sushma, died by suicide at her residence. Police are investigating allegations of dowry harassment by her husband, Puneeth Kumar, and in-laws. Sushma's family claims frequent quarrels preceded the incident. Her husband is in custody for questioning. The couple had a four-year-old son. The investigation is ongoing.

In a striking accusation, Russia asserts that the U.S. and Israel are purposefully agitating Iran to ensnare Arab countries in a broader conflict across the Middle East. Amid these fraught exchanges, Iran has retaliated with drone and missile assaults on crucial oil infrastructure.

3i Atlas update: It is only the third known interstellar object observed passing through the solar system, offering rare insights into material from another star system.

Saaniya Chandhok and Arjun Tendulkar tied the knot today at St. Regis Hotel in Mumbai and the high-profile wedding was attended by many Bollywood stars. Saaniya Chandhok is the granddaughter of Ravi Ghai, whose Graviss Group operates popular ice-cream brands like Baskin Robbins and Brooklyn Creamery. Saaniya launched Mr Paws Pet Spa & Store in Mumbai in 2022. Reports suggest that Saaniya Chandhok and Arjun Tendulkar knew each other through Mumbai's elite circles.

As tensions rise in Iran due to US and Israeli interventions, India's economy finds itself at a crossroads. Unlike direct price hikes, the real concern lies within broader economic stability, leading the Reserve Bank of India to likely maintain lower interest rates. The repercussions of elevated oil prices and interrupted gas supplies are reverberating through the markets.

Thursday witnessed a series of explosive events across the Gulf region, as Doha, Qatar echoed with blasts following Iranian strikes. The situation prompted an immediate diplomatic conversation between Qatar's prime minister and Iran's foreign minister. Not far away, Manama, Bahrain experienced similar turbulence, while Saudi Arabia demonstrated its military prowess by intercepting various missile threats.

Why are US stock market index futures down today and Dow Jones, S&P 500 and Nasdaq in red now? Wall Street futures moved lower as investors reacted to Middle East war developments, rising oil prices and inflation concerns. Dow, S&P 500 and Nasdaq futures fell while markets wait for economic data and Federal Reserve signals.

Mohammad Arif from Jharkhand has hand-crafted a Maruti 800 into a Lamborghini-inspired replica for around Rs 4 lakh. The custom build features fiberglass body panels, a wide stance, and a striking neon green finish, along with a sporty two-seater interior and sunroof. This unique creation has gone viral online, capturing the attention of car enthusiasts and social media users alike.

Maharashtra is poised for an economic boom, with projections indicating a growth rate of 7.9 percent for 2025-26, outpacing the national average. The state's services sector is primed to drive this growth forward. With a Gross State Domestic Product anticipated to hit Rs 51 lakh crore, Maharashtra remains a magnet for investment, supported by a robust financial framework.

Germany's economy could face a significant blow of 40 billion euros over the next two years. Projections indicate that rising oil prices, stemming from the Iran conflict, threaten economic recovery. Higher oil costs could reduce Germany's GDP by 0.3% in 2026 and 0.6% in 2027. If oil prices surge further, the economic impact could exceed 80 billion euros.

Speaking at a Joint Press Meeting at Hyderabad House alongside Prime Minister Narendra Modi, Stubb said the world is currently witnessing a transition in the global order, with countries of the Global South playing a crucial role in shaping its direction.