The Economic Times

Lieutenant General N S Raja Subramani (Retd.) has been appointed as the next Chief of Defence Staff (CDS), effective from his assumption of charge. He will also serve as Secretary to the Government of India in the Department of Military Affairs. Lt Gen Raja Subramani previously held the position of Military Adviser at the National Security Council Secretariat.

Hantavirus is usually spread by rodents, but in rare cases can be transmitted person-to-person. The CDC said on Friday it would distribute updated monitoring guidance and resources for state and local health departments later on Friday.

The Trump administration is appealing a court ruling that found its 10% global tariff, imposed under a 1970s trade law, was unjustified. The court blocked the tariffs for three specific importers, but the administration expects to prevail in the appeal. This setback comes as broader tariff plans are being pursued under a different trade law.

The Centre has introduced a nationwide framework for central government land transfers to curb disputes and boost asset monetisation. This new policy mandates separate valuations for buildings and clear guidelines for public versus commercial use, aiming to enhance transparency and unlock revenue for public projects. Transfers to private entities and states will now require cabinet approval.

Tata Trusts have postponed crucial board meetings. The meetings were to discuss Tata Sons' potential public listing and board representation. Legal challenges and differing views among trustees are cited as reasons for the delay. The trusts are reinforcing their stance on keeping Tata Sons privately held. This move aims to ensure alignment with the majority institutional position.

Iran war: U.S. Treasury said it remained ready to take economic action against Iran's military industrial base to prevent Tehran from reconstituting its production capacity.

World Cup 2026 marks the second time the global soccer showcase is being co-hosted by multiple countries. The 2002 World Cup was co-hosted by South Korea and Japan, with the former staging the opening ceremony.

Washington has revised its proposed U.N. resolution demanding Iran halt attacks and mining in the Strait of Hormuz but the changes are unlikely to avert Chinese and Russian vetoes.

Hantavirus strain that can transmit from person to person -- Andes virus -- has been confirmed among those who have tested positive, fuelling international concern.

UFO Files: The initial release is a trove of videos, other imagery and testimony that is sure to stir more speculation among those who believe we are not alone in the universe.

Quote of the day by George Michael highlights the words Only time will set you free, just like me. The quote connects with life lessons on peace, success, fame, and human nature. It also reflects the journey of George Michael from Wham! to solo success, personal struggles, and legacy in music. The message focuses on patience, growth, freedom, and self-acceptance.

President Trump and Defense Secretary Pete Hegseth have declassified approximately 170 files concerning UFO sightings and unidentified aerial phenomena. These documents include alleged photos from the Moon, transcripts of mysterious object sightings by Apollo crews, and reports of flying discs from the 1940s. The release aims to provide unprecedented transparency to the American public regarding these long-speculated events.

Quote of the Day: Abraham Lincoln's enduring quote, Always bear in mind that your own resolution to succeed is more important than any other one thing, highlights the power of inner determination. His life, from poverty to the presidency, exemplifies perseverance through hardship. This timeless message continues to inspire individuals to trust their resolve in overcoming obstacles and achieving success.

Newly released Pentagon files reveal Apollo 17 astronauts reported seeing Fourth of July-like lights and drifting particles near the moon. The documents also detail unusual observations from Apollo 11, Apollo 12, and Gemini VII missions, fueling renewed interest in unexplained space phenomena, though the Pentagon states there is no consensus on the nature of these anomalies.

India's manufacturing sector saw positive growth in Q4 FY26, driven by robust domestic demand. Despite rising input costs and geopolitical concerns, production levels increased, and manufacturers remain optimistic about future investments and hiring. Export sentiment also improved, with most firms reporting sufficient funding availability.

The ballot was the biggest electoral test for Starmer since Labour ousted the Conservatives following 14 years in power in a landslide election victory in 2024. The grim predictions made by opinion polls were borne out in results. Nigel Farage's anti-immigrant Reform UK party had gained 478 seats while Labour had lost 322 across 57 of the 136 English councils to announce results by mid-Friday.

Economist Ashok Kumar Lahiri has assumed the role of vice chairman at Niti Aayog, succeeding Suman Bery. A former chief economic adviser and Finance Commission member, Lahiri's extensive experience is expected to bolster the think tank's evidence-based policymaking and economic transformation initiatives. The Aayog was recently reconstituted with Lahiri as vice chairman and seven new full-time members.

Quote of the day by Ringo Starr highlights a message about education and life experience. The Beatles drummer said he had no schooling before or after the band and learned from life itself. The quote connects to modern views on success, creativity, and personal growth. This explainer covers the quote meaning, Ringo Starr biography, career journey, achievements, and lessons for readers seeking inspiration today.

The statistics ministry has directed states to adopt 2022-23 as the new base year for Gross State Domestic Product (GSDP) computation by fiscal 2027. This move aligns state-level estimates with the revised national GDP framework, enhancing regional economic data accuracy. While states are also free to develop sub-state CPI, there's no central directive for this.

The Supreme Court has strongly criticized the Madhya Pradesh government for delaying a decision on prosecuting minister Kunwar Vijay Shah. Shah made objectionable remarks against Colonel Sofiya Qureshi. The court stated the decision should have been made weeks ago. The Special Investigation Team had requested sanction to prosecute the minister.

A significant development in the Ukraine-Russia conflict has been announced. US President Donald Trump revealed that both nations have agreed to a three-day truce commencing Saturday. This ceasefire is expected to be accompanied by a mutual exchange of 1,000 prisoners each.

The Supreme Court has voiced grave concern regarding Punjab's escalating drug crisis and its devastating human impact. A bench noted the alarming situation, particularly in areas like Ludhiana. The court highlighted the need for structural and policy changes, suggesting potential central government involvement.

Micron stock price shocked Wall Street after surged 14% and touched $738.12 in one of the biggest semiconductor rallies of 2026. The jump in MU stock is not just about earnings. It reflects a deeper AI shift inside the global economy. AI data centers now consume enormous volumes of DRAM, HBM, and NAND memory chips. That demand is reshaping the semiconductor industry itself. Micron stock has suddenly become a symbol of the AI infrastructure race powering artificial intelligence, cloud computing,

Suvendu Adhikari will be the new Chief Minister of West Bengal. The swearing-in ceremony is scheduled for Saturday. Amit Shah announced Adhikari's name as the leader of the BJP legislative party. The BJP government promises to end corruption and political violence. They aim to build a 'Sonar Bangla' for the people of West Bengal.

Apple and Intel have reportedly reached a preliminary agreement for the chipmaker to produce components for Apple hardware. This marks a potential return to collaboration after Apple's successful transition to its own Apple Silicon. While specific products remain unclear, discussions suggest Intel might manufacture Apple's lowest-end M processors as early as 2027.

Oman's strategically located Indian Ocean ports are facilitating vital food exports from India to six GCC nations, circumventing disruptions in the Strait of Hormuz. Sohar and Salalah ports, equipped with specialized agricultural terminals and advanced infrastructure, are ensuring a steady supply of food to the Gulf, which relies heavily on imports.

Quote of the Day: Hollywood star Kevin Costner offers a witty take on fame. He compares being a celebrity to being a beautiful woman, noting the constant attention and judgment. Costner's career spans decades, from Dances with Wolves to Yellowstone. His insights reveal the pressures behind public life. He emphasizes humility and staying grounded amidst stardom.

African Proverb of the day highlights the meaning of A woman is never old when it comes to the dance she knows. The saying explains how experience, confidence and deeply learned skills remain valuable regardless of age. It reflects lessons about self-belief, personal growth and the timeless connection between passion and identity. The proverb also connects with broader ideas about wisdom, resilience and how true talent does not disappear with time.

With Fridays notification, the government has paved the way for the fixing of floor wages in India under the Code on Wages and setting up a reskilling fund for workers under the Industrial Relations Code along with the appointment of conciliation, certifying officer and appellate authority.

In a bid to overcome obstacles in the trade pact with the EFTA bloc, India is pushing for quick resolutions. Commerce Secretary Rajesh Agrawal engaged with Swiss officials to enhance the implementation of the India-EFTA Trade and Economic Partnership Agreement. Numerous new Indian products are now making their mark in the Swiss market.

Vitamin B12 and healthy aging are now linked by striking new evidence from Cornell University. A landmark study published in the Journal of Nutrition reveals that B12 deficiency impairs skeletal muscle mitochondrial energy production. Low vitamin B12 status is associated with reduced muscle mass and weakened cellular resilience. Around one in four older adults carries suboptimal B12 levels. Supplementation in aged mice improved mitochondrial muscle function. Human trials are the next step but t

Jewish proverb of the day highlights a traditional saying that reflects the deep imbalance between wealth, power, and human vulnerability in society. The proverb If the rich could hire other people to die for them, the poor could make a wonderful living offers a sharp and ironic insight into how inequality shapes risk, responsibility, and survival. These timeless sayings often come from long-standing moral traditions and lived experiences, passed down through generations as reflections on justic

The United States has set a July 4 deadline for the European Union to fulfill trade deal promises. US Trade Representative Jamieson Greer stated that failure to comply will result in increased tariffs on EU products. President Donald Trump previously threatened to raise car and truck tariffs significantly.

Suvendu Adhikari takes oath as West Bengal's first BJP Chief Minister. His journey from Mamata Banerjee's trusted aide to her political rival highlights a significant shift in Bengal's politics. Adhikari's organizational prowess and understanding of local networks proved crucial. This marks a new era for the state's political landscape.

Quote of the Day by BF Skinner: Renowned psychologist B.F. Skinner's words remind us that failure isn't always a mistake, but a part of the process. He emphasizes that the true error lies in ceasing to try, especially for young people facing immense pressure. Resilience and continuous effort are key to growth and eventual success, even after setbacks.

Quote of the Day by Jamie Lee Curtis: Jamie Lee Curtiss powerful quote highlights the importance of identity beyond physical appearance in modern society. It challenges the way women are often defined or recognized primarily through beauty standards, instead emphasizing the deeper value of character and personal authenticity. The timeless quote of the day encourages readers to reflect on how society measures worth and recognition.

U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Budget projects $2.06 trillion for FY2026 and $2.17 trillion for FY2027. That equals $166$181 billion in new debt every month. Interest payments alone hit $530 billion in just six months. National debt stands at $38.91 trillion. Budget experts call $2 trillion deficits eyond scary and warn of rising fiscal crisis risk. Reaching the 3% GDP deficit target requir

India has achieved a historic qualification for the AFC U17 Women's Asian Cup quarter-finals for the first time, securing a dominant 4-0 victory against Lebanon. This marks their first knockout stage appearance in the tournament and their first win and goals since 2005. They will now face hosts China in the quarter-finals.

Quote of the Day by Brendan Fraser: Brendan Frasers powerful quote highlights the fundamental difference between desire and action in human behavior. Brendan Frase's quote challenges the common tendency to rely on hope alone while expecting meaningful change or achievement in life. The timeless quote of the day encourages readers to reflect on the importance of discipline, persistence, and personal responsibility.

Mother's Day is approaching, and handmade gifts offer a personal touch. The article suggests several DIY ideas, including scrapbooks, personalized mugs, scented candles, memory jars, and decorated flower pots. Other thoughtful options are DIY spa baskets, handmade greeting cards, and custom photo frames, all designed to make mothers feel cherished.

The Punjab School Education Board will announce the Class 12 results for 2026 on May 13. Students can access their marksheets online at pseb.ac.in by using their roll number and other login credentials. The examinations were held from February 17 to April 4, with a consistent pass rate above 91% in recent years.

Quote of the Day by Steve McQueen: Steve McQueens powerful quote reflects the emotional reality of change and personal transformation in human life. It highlights how growth often requires the difficult act of leaving behind what is familiar and stepping into uncertainty, even when the future feels unclear or uncomfortable. The timeless quote of the day encourages readers to reflect on letting go, embracing transitions, and understanding that true personal growth begins when comfort ends and cha

Actor-politician Joseph Vijay is set to form the government in Tamil Nadu. Governor Rajendra Vishwanath Arlekar has given him the go-ahead. The Communist Party of India and Communist Party of India (Marxist) have pledged their support to Vijay's Tamilaga Vettri Kazhagam.

India's foreign exchange reserves saw a significant drop of over seven billion dollars. This marks the second consecutive weekly fall. The Reserve Bank of India has been using these reserves to stabilize the currency market. The Indian Rupee also weakened against the US Dollar. Foreign currency assets and gold reserves contributed to this decline.