The Economic Times
Elections 2026Global Business / The Economic Times
OpenAI CEO Sam Altman says humanity has entered the singularity, a point where artificial intelligence is advancing beyond what once seemed possible only in science fiction. Speaking on the Relentless podcast, Altman called the moment hugely positive while reiterating warnings that AI could replace 30% to 40% of today's jobs.
Quote of the day by Sholom Aleichem remains one of Sholom Aleichem's most enduring observations because it captures the many ways human beings experience the same world differently. For readers in the United States and around the globe, the message offers a timely reminder that wisdom begins with understanding, prosperity carries responsibility, hardship deserves compassion, and every individual deserves dignity. In a society shaped by diverse backgrounds and experiences, the ability to see life
El Nino traditionally lowers hurricane risk for insurers. However, coastal growth and rising property values change this assumption. Even quiet seasons can cause severe losses due to increased exposure. Insurers now focus on landfall location and property value for risk assessment. Sophisticated models are being developed to address complex climate challenges.
Quote of the day by Joan of Arc remains a timeless reminder that extraordinary achievements often begin with ordinary daily habits. Joan of Arc understood that greatness is built through consistent effort, personal responsibility, and unwavering determination. The words of wisdom continue to inspire because they celebrate something available to everyone: the opportunity to make tomorrow better than today. Every morning offers a fresh beginning, another chance to learn, and another opportunity to
Indian long jumper M Sreeshankar has reached the finals of the Commonwealth Games. He achieved direct qualification by clearing the standard in his first attempt. Sreeshankar's jump of 8.01 meters secured his spot in the medal contention. The athlete aims to improve his silver medal from the previous edition. He is a strong contender for a medal in Glasgow.
The Supreme Court on Monday reserved its order on gangster Abu Salem's plea seeking release from prison, in which he argued that he has completed the maximum 25-year jail term permitted under the India-Portugal extradition agreement. During the hearing, the bench questioned his claim that remission could be counted towards the 25-year limit, while Salem's counsel argued his undertrial custody and earned remission should be considered. The Bombay High Court had earlier rejected his plea, saying t
Union Home Minister Amit Shah praised the Central Reserve Police Force on its raising day. He highlighted the force's significant contributions to India's internal security efforts. Shah acknowledged the CRPF's role in combating Naxalism and maintaining peace across the nation. He extended greetings to all CRPF personnel and their families for their service. The minister also paid tribute to the warriors who sacrificed their lives in duty.
Heavy rainfall is expected in south Bengal districts until July twenty-eighth. The deep depression over the Bay of Bengal will cross the Bengal-Odisha coasts soon. Coastal districts will receive very heavy and heavy downpours until Tuesday. Fishermen are advised not to venture into the sea due to rough conditions. Sub-Himalayan districts may experience isolated heavy precipitation until August first.
Tejashwi Yadav demanded a judicial inquiry into AK-47 firing during a Siwan student protest. He questioned who authorized the use of firearms and held the state government accountable. Yadav warned of a massive agitation if student cases were not withdrawn and students were not released. He alleged that AK-47 bullets were fired aiming at protesters, injuring three students.
A French labor authority imposed a 175,000 fine on Infosys for shortcomings related to its working-time recording system compliance. The authority highlighted issues surrounding the system's reliability and auditability. Nonetheless, Infosys has reassured stakeholders that the financial impact will be negligible as they assess the situation and outline their next steps.
A 22-year-old Indian man working in Canada says he sends Rs 70,000 every month to support his family in India, but claims his parents lock Rs 50,000 of that into chit funds each month, leaving just Rs 20,000 for all household expenses. He says he is then asked for additional money to cover basic bills, and has already sent over Rs 16 lakh in total.
India is accelerating efforts to localise mining and construction equipment manufacturing after Chinese export delays disrupted supplies of tunnel boring machines (TBMs) for key infrastructure projects. A proposed incentive scheme aims to reduce import dependence, strengthen supply chains, boost domestic manufacturing, expand exports and support India's ambitious infrastructure, mining and critical minerals development over the coming decades.
Psychological research indicates experiences provide more lasting happiness than material goods. Experiences become part of our identity, unlike possessions which fade. Anticipating trips and events brings joy long before they happen. Shared experiences strengthen social bonds, which are key to wellbeing. Investing in experiences offers a better path to long-term happiness.
A powerful El Nino may push global temperatures above two degrees Celsius in early 2027. This significant milestone, if reached, would be a first recorded instance of such warming. Researchers link recent temperature surges partly to aerosol pollution reductions. India has already experienced hotter and drier conditions due to the El Nino pattern. Extreme weather events are becoming more frequent globally, impacting various regions.
In an impressive display of talent, Esha Singh won gold in the women's 25m pistol event, while Manu Bhaker achieved bronze in a thrilling finale. Esha reflected on her triumph over mental challenges and the joy of shooting in Hangzhou, and Manu expressed that her medal is a crucial milestone, paving the way for her future endeavors in shooting.
Climate activist Sonam Wangchuk has been discharged from the hospital. He will now visit Rajghat to pay tribute to Mahatma Gandhi. After this visit, he plans to return to the mountains. Wangchuk expressed gratitude to his supporters and the medical team. The team at Medanta Hospital Gurgaon provided him with excellent care.
A 26-year-old Bengaluru professional with Rs 2 lakh monthly salary, zero debt, Rs 14 lakh in savings and retired parents says he still feels financially inadequate. His Reddit post about watching auto driver friends with loans appear happier and more content has resonated widely online.
Thousands of primary school teachers marched across Himachal Pradesh demanding policy changes. They gathered in Shimla after a 15-day protest march concluded. Federation leaders have now begun an indefinite relay hunger strike outside the directorate. The Chief Minister assured the gathering that most demands were accepted.
The Supreme Court dismissed a review petition regarding Scheduled Caste status. A person converting to a religion other than Hindu, Sikh, or Buddhist loses SC status. This loss is immediate and complete from the moment of conversion. The court upheld an Andhra Pradesh High Court order on this matter. Reconversion requires proof of original caste and community acceptance.
India has attracted nearly $32 billion in foreign capital since the RBI announced special inflow measures on June 5, Governor Sanjay Malhotra said. FCNR(B) deposits have already exceeded the 2013 record, but strong dollar demand linked to costly oil imports and weak exporter hedging continues to keep the rupee near record lows.
Ukraine seeks a European anti-ballistic system prototype by mid-next year. This ambitious project aims to counter Russian missile threats effectively. Kyiv will provide a launcher and interceptor missile for testing. European nations and defense manufacturers are contributing technology and expertise. The goal is a lower-cost alternative to existing air defense systems.
The Indian women's hockey team has adopted a strict diet, avoiding sweets and fast food. This disciplined approach supports their focus on the FIH World Cup and Asian Games. Players maintain high fitness standards, a change from previous Olympic campaigns. Their commitment is self-motivated, aiming for podium finishes in major events. The team's preparations are bolstered by recent successes and expert guidance.
Why Do People Get Grey Hair: New research in Japan suggests grey hair may signal a body's protective response against Cancer. Stem cells shut down after severe DNA damage, preventing harm, however, certain carcinogens can cause these cells to multiply unchecked. This process can lead to melanoma, the most dangerous skin cancer. The study connects visible aging and cancer risk in new ways.
As Middle East tensions rise, Americas energy market stability is put to the test. Record levels of electricity demand and heavy data-center usage are straining the nations energy system. Critical metrics like oil and gas production are actively monitored for pressure points, while tight refined product inventories raise concerns. Although gas storage remains adequate, strong LNG exports hint at potential supply challenges ahead.
Cricket's return to the Olympics at Los Angeles 2028 is driven as much by strategy as sport, with the IOC aiming to tap into India's vast audience and commercial power. Officials say the move will help the Games reach billions of new viewers, boost broadcasting revenues and attract younger fans, while the explosive rise of T20 cricket and the IPL has made the sport an ideal Olympic fit. With Brisbane 2032 and India's 2036 hosting ambitions on the horizon, cricket is expected to become a long-ter
India secured a 3-0 T20 series victory over Zimbabwe in Harare. Interim coach VVS Laxman commended captain Shreyas Iyer's leadership and optimism. Iyer acknowledged Laxman's motivational role in the team's successful performance. The Indian squad achieved this win despite missing several key players. This series triumph followed a challenging start to Iyer's captaincy.
The Supreme Court asserted that police actions during protests must not exceed justified limits, advocating for a structured approach to managing peaceful gatherings. The court has agreed to review claims of excessive force used against student protesters and a related case about police being attacked, during a time when the government is reinforcing anti-paper leak legislation.
A shooting occurred Sunday evening at Seattle Center during the Bite of Seattle food festival. Two individuals tragically lost their lives at the scene of the incident. Five other people sustained injuries and were transported to a local hospital. Authorities have taken two suspects into custody following the violent event. Police are continuing their investigation into the motive and any additional involvement.
Economists predict the Reserve Bank of India will maintain its key interest rate at 5.25% through year-end. This decision comes as the central bank assesses war impacts and current price pressures. Inflation has risen above the target, but a rate hike is considered premature by officials. The RBI will likely avoid using interest rates to defend the weakening rupee. India's economic growth is forecast to slow to 6.
CJP Resignation Party Viral Video: Supreme Court lawyer Mahesh Jethmalani questioned the Cockroach Janta Party's celebrations after protests and the resignation of the Union Education minister Dharmendra Pradhan. He raised concerns about the movement's leadership celebrating with music and dancing. Jethmalani also demanded transparency regarding the funding of the month-long agitation.
Parliamentary Affairs Minister Kiren Rijiju urged all political parties to participate in the debate on the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, which aims to strengthen the legal framework against paper leaks and examination malpractices. The Bill, introduced in the Lok Sabha amid concerns over the NEET-UG controversy and recent student protests, proposes stricter measures to curb unfair practices in public examinations. The government said the legislation refl
Indian Naval Ship Sudarshini has departed the United States for Portugal. The vessel concluded its month-long visit after attending US independence anniversary celebrations. Sudarshini participated in SAIL 250 events across several American cities. It showcased India's maritime strength and fostered international naval partnerships. The ship continues its Lokayan 26 voyage promoting goodwill and seafaring traditions.
Tamil Nadu Finance Minister N. Marie Wilson said the TVK government will table an audit report during the Budget session alleging corruption and party fund irregularities under the previous DMK regime. He also reiterated the government's commitment to abolishing NEET.
Myanmar's military has intensified attacks on civilians since a new administration took office. Specialized jet fighter groups are conducting sustained airstrikes against single targets. The military's tactics show shifting modalities of civilian repression rather than reduction. Diplomatic engagement is increasing with regional governments and neighboring countries.
The Lok Sabha will consider the Public Examinations Amendment Bill, 2026. This bill aims to prevent unfair means in national examinations. Samajwadi Party chief Akhilesh Yadav urged the government not to challenge public awareness. Nationalist Congress Party MP Saayoni Ghosh welcomed the government's steps. Youth and student views were heard, fostering hope for constructive parliamentary discussion.
Industrialist Harsh Goenka sarcastically shared a new robot dog video online. He implied Galgotias University might claim this invention as its own. This references a past controversy where the university presented a commercial robot as its creation. The university later clarified the robot was a teaching tool for students. This incident highlights ongoing discussions about indigenous innovation versus rebranded technology.
The Amarnath Yatra resumed after a six-day suspension due to heavy rainfall and inclement weather. Pilgrims from the 20th batch successfully crossed Chanderkote on Monday en route to the Holy Cave shrine. Authorities allowed travel exclusively via the Baltal route as the Pahalgam track remains closed. The annual pilgrimage attracts thousands of devotees from across the country each year.
Quote of the day: Martin Heidegger viewed human existence as a constant movement toward death. He argued that awareness of mortality shapes every moment of life. People often avoid confronting death, living according to social expectations. Heidegger believed facing mortality leads to a more authentic and deliberate existence.
A forensic investigation has found that major Australian brands like Leggo's, Coles, and Aldi misled consumers about the origins of their tomato products. Over 221 tomato-based items were analysed, revealing that many were actually sourced from China. The involved companies have denied any wrongdoing and are conducting internal inquiries to address these accusations.
US Central Command chief advised stopping strikes near Strait of Hormuz due to limited effectiveness. President Trump halted American military strikes against Iran after receiving this advice. Military and civilian advisors acknowledged limits to air power campaigns and their accomplishments. Iran halted retaliatory attacks after Washington paused its strikes for two nights. The US and UK are discussing an international conference to protect the Strait of Hormuz.
Guru Purnima 2026 Mein Kab Ki Hai: Guru Purnima in 2026 will be observed on Wednesday, July 29, marking the full moon. The Purnima Tithi begins on July 28 and concludes on July 29, with moonrise at 7:21 PM. School closures for Guru Purnima are not centrally mandated and depend on state and local decisions. Many states traditionally observe this day as a holiday, while others may have local observances.

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