The Economic Times
Elections 2026Global Business / The Economic Times
Italian Prime Minister Giorgia Meloni's daughter, Ginevra, garnered attention at the G7 Summit. The nine-year-old was seen accompanying her mother, sparking warm online reactions. The article also touches upon Meloni's past relationship with Ginevra's father, Andrea Giambruno, and her viral Melodi interactions with Indian PM Narendra Modi.
US-Iran peace deal: A deal to end the war in Iran is now in effect as leaders from the United States and Iran have signed the agreement. Pakistan's Prime Minister Shehbaz Sharif announced the immediate effect. The Strait of Hormuz will reopen and the naval blockade will be lifted. A formal signing ceremony will take place in Switzerland on Friday.
The RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic NDS-OM platform. Despite recent tax incentives, the RBI aims to consolidate liquidity locally for better price discovery and ease of trading, ensuring a unified market.
Father's Day 2026 Date: Father's Day in 2026 falls on June 21, observed on the third Sunday of June. This tradition honors fathers and father figures for their support and guidance. The day originated in the United States over a century ago. While many countries celebrate on the same date, some observe it differently.
The Indian Institute of Technology Delhi (IIT Delhi) has retained its position as India's highest-ranked university in the QS World University Rankings 2027, climbing to 118th globally and equalling the best-ever ranking achieved by an Indian institution in the prestigious global index.
The Trump administration is hiring 400 dealmakers to boost US national security supply chains. Top finance professionals will receive salaries up to $400,000 annually. This initiative aims to attract private sector expertise for structuring financial agreements. The goal is to address a shortage of skilled personnel in government. This will help deploy taxpayer funds efficiently and accelerate reindustrialization efforts.
England and Ghana kicked off their FIFA World Cup 2026 campaigns with victories in Group L. England triumphed 4-2 over Croatia in a thrilling encounter, with Harry Kane scoring twice. Ghana secured a dramatic 1-0 win against Panama thanks to a late goal from Caleb Yirenkyi, placing them second in the group.
President Trump announced a deal with Iran, involving uranium dilution and sanctions waivers, allowing immediate oil sales. Mediated by Pakistan, the agreement aims to reopen the Strait of Hormuz and end hostilities in Lebanon. While hailed by Trump, the memorandum of understanding faces scrutiny and potential future renegotiation.
The Supreme Court has declined to hear a petition questioning the income tax exemption for Scheduled Tribes in certain north-eastern states. The court suggested the petitioner approach the Parliamentary Committee on Petitions or the Finance Ministry. This move allows citizens to seek changes in laws through appropriate channels.
Chinese regulators have approved the $110 billion merger between Paramount Skydance and Warner Bros Discovery, following similar antitrust rulings from the U.S. Department of Justice and several other countries. This significant approval comes as China's domestic film industry matures, impacting Hollywood's revenue streams.
JNTU Kakinada announced the AP EAMCET 2026 results today. Candidates can now check their scorecards and rank cards on the official website. The results are for Engineering, Agriculture, and Pharmacy streams. This marks the beginning of the admission process for undergraduate professional courses across Andhra Pradesh. Qualified students should download their documents and prepare for the upcoming counselling sessions.
The U.S. and Iran have signed an interim agreement to halt hostilities and open the Strait of Hormuz, with a 60-day negotiation period to follow. The memorandum outlines an immediate end to military operations, the lifting of naval blockades, and the removal of sanctions. Key issues like Iran's nuclear program will be addressed in a final deal.
US-Iran war news: High-stakes talks between the U.S. and Iran begin in Switzerland. Negotiators face major challenges including Iran's nuclear program and the Strait of Hormuz. Sanctions relief and frozen assets are also key issues. Disagreements over negotiating styles and deep distrust could derail progress. A comprehensive peace deal within the 60-day window appears unlikely.
The Board of Intermediate Education, Andhra Pradesh (BIEAP) is set to announce the AP Inter Supplementary Results 2026 today, June 18, for first and second-year students. Candidates who appeared for the IPASE 2026 exams can check their scorecards on the official BIEAP website and alternative platforms. A minimum of 35 marks in each subject is required to pass.
President Trump signaled a significant shift in US policy towards Iran, seemingly abandoning key ed lines previously used to justify military action. He suggested Iran could have the right to enrich uranium, develop ballistic missiles, and access frozen funds, surprising both critics and supporters.
Gold rate today: Gold is often seen as a hedge against inflation, elevated interest rates tend to pressure bullion.
India and the UK's Comprehensive Economic and Trade Agreement (CETA) will take effect on July 15, granting 99% of Indian exports tariff-free access. The pact, announced by Prime Ministers Modi and Starmer, also includes a social security agreement for temporary workers.
US President Donald Trump stated that India and the US are very close to finalizing a trade deal, following a meeting with Prime Minister Narendra Modi on the sidelines of the G7 summit. Modi raised concerns about the safety of Indian seafarers in the Gulf, emphasizing their security and freedom of navigation.
Trump Iran deal includes key issues such as the reopening of Strat of Hormuz and nuclear weapons sanctions.
FIFA World Cup 2026: Jude Bellingham reached the record after being named in Thomas Tuchel's starting XI for England.
Storm Arthur updates: Flooding was likely through Friday over parts of Texas, Louisiana, Mississippi, Alabama, Georgia and the Florida Panhandle, the hurricane center said.
Katherine Johnsons quote of the day is a powerful statement about equality, talent, and creativity. It reminds us that ability is not determined by gender and that girls possess the intelligence and imagination to achieve greatness in any field. By promoting equal opportunities, encouraging education, and challenging stereotypes, society can unlock the full potential of all individuals. Katherine Johnsons life and words continue to inspire generations to dream boldly, pursue knowledge, and belie
Quote of the Day by Taylor Swift offers a valuable lesson for modern society. Differences in opinion are natural and even beneficial because they promote diversity and innovation. However, respect is essential for maintaining peace and understanding among people. By listening to others, practicing empathy, and engaging in respectful dialogue, we create stronger relationships and healthier communities. The quote reminds us that while we may not always agree, we can always choose kindness, toleran
Confucius's words of wisdom provide timeless guidance on how wisdom is acquired. Reflection, imitation, and experience each offer unique paths to understanding and personal growth. Reflection is noble because it deepens self-awareness and critical thinking. Imitation is easy because it allows us to learn from others. Experience is bitter because it often involves hardship, yet it offers profound lessons. By embracing all three methods, individuals can develop wisdom, improve their character, and
Norway striker Erling Haaland made a strong World Cup debut with two goals against Iraq. His impressive performance secured a 4-1 victory for Norway. This win marks Norway's return to the World Cup finals after a long absence. Haaland's goals set the tone for his team's campaign. The team aims to improve for future matches.
A Chinese proverb highlights that the urge to quit intensifies just before success. This powerful lesson emphasizes perseverance, reminding individuals that difficult moments often signal proximity to achieving their goals. It encourages continued effort, recognizing that patience and discipline are crucial for lasting achievements.
Psychology suggests that people who prefer staying home often use familiar phrases that reflect their need for rest, boundaries, and emotional balance. Expressions like Im tired, lets do it another time, or Ill let you know are not always excuses but signals of social fatigue or low energy. While extroverts gain energy from interaction, homebodies recharge in quiet environments.
Fathers Day quote by Bindi Irwin: Father's Day 2026 falls on Sunday, June 21. Bindi Irwin honors her father, Steve Irwin, calling him her superhero. Steve Irwin, 'The Crocodile Hunter', was a renowned conservationist. His passion for wildlife lives on through his daughter Bindi. She continues his legacy, ensuring his message about wildlife never fades.
Lionel Messi delivered a stunning hat-trick in Argentina's World Cup victory. The 38-year-old star proved his enduring significance to the reigning champions. He now shares the men's all-time scoring record at the tournament. Messi's performance also marked his sixth World Cup appearance and 200th international match. His resilience was evident as he overcame a recent muscle strain.
Prince George's Eton College: Prince George will join the prestigious Eton College this September, following his father and uncle. This historic boarding school, educating boys aged 13 to 18, boasts a 63,000 annual fee. Founded in 1440, Eton has a rich tradition of educating influential figures, including royals and prime ministers. The school's proximity to Windsor was a key factor in the family's decision.
Reliance Jio has denied allegations of sabotaging Telegram access outside India. Telegram CEO Pavel Durov claimed BGP hijacking was used. Experts note ambiguity in Durov's statements, with one mentioning Reliance Communications (AS18101) and a snapshot showing the same. Reliance Jio Infocomm (AS55836) was not named in the snapshot. Jio states it follows global best practices for network operations.
Indian apparel exporters face pressure as US buyers demand discounts of up to 10%. This comes as India's readymade garment exports have declined for six consecutive months, largely due to weaker demand in the United States. Competitors like Vietnam and Indonesia are gaining ground.
India and Russia are working together on new versions of the BrahMos missile. These include smaller and hypersonic models. This development will significantly boost the Indian Armed Forces' ability to strike targets across different domains. The BrahMos missile system has already expanded to naval, submarine, and air-launched versions.
Consumers in India will not experience immediate price drops for daily essentials and home appliances. Manufacturers are holding onto raw materials bought at higher costs. Any potential price relief is expected around September-October, just before the festive season. This depends on input costs remaining stable. Companies are reviewing prices after several months.
Karnataka Chief Minister DK Shivakumar has presented his first wish list to the Centre. His top priorities include securing the state's rightful share of river waters and a significant infrastructure upgrade for Bengaluru. Shivakumar highlighted Bengaluru's economic contribution and the need to maintain its global competitiveness. He also urged the Centre to expedite approvals for pending hydel projects.
India's defence production has hit a record high of 1.78 lakh crore. This growth is fueled by the private sector, with exports also reaching new peaks. New ammunition hubs are set to boost production further. Defence Minister Rajnath Singh aims for 3 lakh crore production by 2029.
The Supreme Court has taken a serious view of an accusation that an urgent case filed over ten days ago has not yet been listed. An advocate informed the court that certain papers were allegedly misplaced by the SC registry. Chief Justice of India Surya Kant remarked that he will fix accountability for this lapse.
Cristiano Ronaldo, at 41, is making history in his sixth FIFA World Cup. His remarkable longevity and elite performance are attributed to a famously disciplined diet, strictly avoiding sugar, refined carbohydrates like pasta and bread, and processed foods. This unwavering commitment to nutrition, training, and recovery fuels his sustained success against much younger competitors.
Chinese proverb of the day: A Chinese saying highlights that effective time management, not a lack of time, addresses daily challenges. Procrastination multiplies difficulties and creates stress. Completing tasks today prevents accumulation and fosters discipline. Consistent action builds the foundation for long-term success.
African Proverb of the Day highlights the meaning of A woman who is not successful in her own marriage has no advice to give to her younger generations. The saying emphasizes the value of experience, credibility, and leading by example when offering guidance to others. It suggests that advice is often more meaningful and trustworthy when it comes from someone who has successfully applied those lessons in their own life.
European proverb of the day brings attention to the Irish saying, There'll be white blackbirds before an unwilling woman ties the knot. The proverb explains that true commitment cannot be forced. It teaches the value of consent, emotional readiness, mutual respect, personal choice, meaningful relationships, and lasting bonds. The saying also warns against manipulation, coercion, and decisions made under pressure, making it relevant in modern society.
Quote of the day by Louis Pasteur reveals a timeless lesson about success, character and human potential. His words connect motivation, values and personal growth, reminding us that true greatness comes from the inspiration behind our actions, not only the results we create. Louis Pasteurs life proves how curiosity, dedication and inner conviction can transform ideas into discoveries that change the world.

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