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The Economic Times

Global Business / The Economic Times

School buses aren't yellow by accident: 44 standards came from a seven-day 1939 Columbia conference, and the color stimulates two types of cone cells

A 1939 meeting established the distinctive school bus yellow color for national transportation standards. This specific shade, National School Bus Chrome, was chosen after extensive deliberation among educators and experts. Scientific studies later confirmed that this yellow hue effectively stimulates both red and green cone photoreceptors in the human eye. This color choice enhances visibility, particularly in peripheral vision, contributing to student safety on roads.

27 Aug 2026 1:30 pm
In 2024, a Dutch sports field stored rainwater beneath artificial turf, cutting surface temperatures by nearly 50% during summer tests

Researchers developed a synthetic turf with a hidden water layer for cooling. This system significantly reduced surface temperatures compared to standard artificial pitches. The technology uses capillary action to draw water up for evaporation. This innovation offers a solution to the health risks posed by hot turf. The system requires sufficient rainfall or supplemental irrigation to function effectively.

27 Aug 2026 1:20 pm
Scientists tested reflective pavement through an Australian summer, and the road surface stayed cooler, but midday radiant heat increased above it

A western Sydney trial revealed reflective roads cool surfaces but raise pedestrian temperatures. This study tracked the trade-off over a year, showing a significant surface temperature difference. While road surfaces cooled, the air temperature directly above them increased during daytime. This finding mirrors similar studies conducted in Los Angeles previously. Australian cities remain cautious about widespread adoption due to these heat redistribution effects.

27 Aug 2026 1:10 pm
In 2015, astronauts brewed espresso in orbit and drank it from a 3D-printed cup; surface tension pulled the coffee toward their lips without gravity

Astronauts can now drink coffee normally in space thanks to a special 3D-printed cup. This innovative design utilizes capillary flow to move liquids without gravity's assistance. The space cup allows astronauts to sip coffee directly from the rim, a significant improvement. This technology, developed by NASA, also aids in moving liquids in other critical applications. The invention demonstrates how simple physics can solve complex engineering challenges in space.

27 Aug 2026 1:00 pm
Pernod Ricard blames weak US, Chinese markets for 26% profit fall

Pernod Ricard has seen a significant decline in profits, primarily driven by soft market conditions in the US and China. The company's annual earnings faced challenges due to rising tariffs and a 14% drop in turnover linked to currency fluctuations.

27 Aug 2026 12:57 pm
After two decades of legal deadlock, accused 9/11 mastermind gets a 2028 trial date

A U.S. Air Force judge has ordered Khalid Sheikh Mohammed, the accused mastermind of the September 11 attacks, and three co-defendants to stand trial at Guantanamo Bay beginning June 5, 2028. The date follows decades of legal delays, failed plea agreements and renewed court battles over the military prosecution case.

27 Aug 2026 12:34 pm
A pill that doubles survival: Revolution's FDA-approved drug gives pancreatic cancer patients a fighting chance

The US FDA has approved Revolution Medicines' pancreatic cancer drug Rasonque. This once-daily pill doubles survival for patients with advanced metastatic pancreatic cancer. Rasonque blocks the RAS protein, which drives tumor growth in many pancreatic cancers. Doctors hail this development as a significant breakthrough in cancer treatment. The drug is now available in the US, offering hope to many suffering patients.

27 Aug 2026 12:17 pm
What JPMorgan executive Jes Staley shared with Jeffrey Epstein and why Congress is asking questions

Former JPMorgan Chase executive Jes Staley told U.S. lawmakers he shared confidential and market-sensitive bank information with Jeffrey Epstein, including details linked to the 2008 financial crisis, compensation and pending deals. He also acknowledged signing documents connected to Epsteins trust, as Congress investigates the convicted sex offenders ties to powerful elites.

27 Aug 2026 12:07 pm
After six months of Iran war, US goals have shifted. The Strait of Hormuz is now a top concern

Six months after its start, the US war with Iran shows no clear end in sight. Original objectives have shifted, and some key goals remain unfulfilled. The Strait of Hormuz, a vital shipping lane, has been largely closed since the war began. While US forces achieved tactical successes, Iran's nuclear program and proxy groups are still concerns.

27 Aug 2026 11:39 am
Canada is bolstering its defense industry as US relations fray. A boom is on for local contractors

Canada is strengthening its economic self-sufficiency by reducing reliance on American military suppliers. New defense funding is driving innovation and job creation across various Canadian companies. These firms are developing advanced technologies for the nation's vast Arctic region. European allies and Canadian startups are also finding new opportunities in this evolving sector. This strategic shift aims to bolster domestic defense capabilities and foster global partnerships.

27 Aug 2026 11:09 am
Nepal flash floods: Glacial collapse, not earthquake, triggered deadly disaster

Nepal flash floods were caused by a glacial collapse, not an earthquake. This event originated in Tibet and caused significant destruction in Nepal. The disaster killed 162 people and left 750 individuals missing. Among the missing are 133 Indian nationals who were in the affected areas. The US Geological Survey confirmed the glacial collapse after further analysis.

27 Aug 2026 11:00 am
53.242 acres near Race Course, close to PM's residence, taken over, handed over to CPWD

Authorities have taken control of more than fifty-three acres of land near the Prime Minister's official residence following a court's dismissal of the Delhi Race Club's plea. The club's lease has remained unrenewed since 1994, leading the Land and Development Office to pass the site to the CPWD for management. The central case is set to be heard again on September 26, 2026.

27 Aug 2026 10:55 am
Tamil Nadu to release Mettur Dam water for Delta irrigation from September 1

Tamil Nadu will release Mettur Dam water for 45 days starting September 1. This decision considers drinking and irrigation needs despite monsoon rainfall shortages. The Supreme Court directed Tamil Nadu to approach the Cauvery Water Management Authority. Karnataka has reportedly released water as directed by the authority previously. The court will next hear the Cauvery water sharing dispute on August 31.

27 Aug 2026 10:53 am
72-year-old South Korean man arrested in Japan for overstaying 15-day tourist visa by 26 years

A South Korean man was arrested in Japan after overstaying his visa for over twenty-six years. He reportedly entered Japan in 1993 using his brother's passport for tourist purposes. The man admitted to the charge and has been working day jobs since his arrival. Police arrested him after receiving an anonymous tip regarding his prolonged stay. Japan's Justice Ministry reported fewer visa overstayers in 2026 compared to 1993.

27 Aug 2026 10:40 am
Nepal Flood Live Updates: Toll climbs to 168

Nepal Flash Flood LIVE Updates: At least 168 people have died and more than 1,100 remain missing after a glacial collapse triggered devastating flash floods and mudslides along the Nepal-China border, destroying roads, bridges and settlements and leaving hundreds of foreign travellers unaccounted for.Nepals National Disaster Risk Reduction and Management Authority said Thursday that 165 bodies had been recovered from flood-affected areas near the Bhotekoshi river at the Nepal-China border. Ident

27 Aug 2026 10:30 am
Michigan Democrats want to fight Trump. First they have to stop fighting each other

Michigan Democrats face internal divisions over the cost of living and political issues. Disputes over Israel and antisemitism are complicating party unity efforts. Some Democrats have withheld support for Senate nominee Abdul El-Sayed. El-Sayed's association with a controversial commentator has drawn significant criticism. Party leaders aim to unify and focus on November's general election.

27 Aug 2026 10:26 am
Nepal flash floods: List of nationalities of missing tourists

More than 400 foreign tourists are missing following a catastrophic flood in Nepal. At least 130 Indians are among the missing, with other nationalities also affected. Australian and United States citizens are also reported missing in the disaster. British, Canadian, and Malaysian citizens have also been reported missing. South Korean and Japanese nationals were also unaccounted for after the event.

27 Aug 2026 10:09 am
Time limits and a midnight cutoff: Meta's new rules for kids go further, but critics say not enough

Meta Platforms agreed to a significant $18 billion settlement with 48 US states. This historic deal mandates substantial changes to protect younger users on its platforms. New rules will limit daily usage and restrict access during nighttime hours for minors. Meta will also enhance its age verification technology to better identify underage users. These forthcoming changes aim to improve child safety across Instagram and Facebook.

27 Aug 2026 9:51 am
Motivational Russian Proverb of the Day: The first pancake is - Why practice demands patience; a lesson on embracing early mistakes

Diving into fresh challenges frequently leads to missteps, a common facet of the learning curve. There's a well-known saying that highlights how rough beginnings are a natural occurrence rather than a sign of failure. This insight motivates us to adjust our expectations and see flaws as opportunities for growth. In the workplace, personal ventures, or academia, it's vital to remember that every triumph is rooted in an initial stumble.

27 Aug 2026 9:46 am
Small plane crashes in water next to remote Alaska coastal town, killing 4

A small plane crashed into shallow waters near Seldovia, Alaska, killing all four people aboard. The aircraft was en route from Anchorage to Seldovia when the fatal incident occurred. Officials stated the plane submerged in approximately fifteen feet of water after the crash. Troopers waited for the tide to recede before recovering the bodies of the deceased.

27 Aug 2026 9:43 am
Trump signs order banning some foreign equipment from US energy grid

President Donald Trump declared a national emergency and banned foreign equipment. This order targets bulk-power systems posing security vulnerabilities to the United States. The White House cited an extraordinary foreign threat from these imported systems. This action follows similar bans by the European Commission on Chinese inverters. The administration will also review existing foreign equipment for operational risks.

27 Aug 2026 9:33 am
Gold prices up Rs 1,300/10 grams; silver rebounds Rs 3,400/kg as falling oil eases rate cut bets. Buy, sell or hold?

Gold and silver prices opened higher on the MCX on Thursday, supported by softer oil prices, a weaker dollar and expectations around the US Federal Reserves policy path. Investors are now focused on Fed Chair Kevin Warshs remarks at Jackson Hole, while analysts have outlined key support and resistance levels for both precious metals.

27 Aug 2026 9:25 am
Oil Price Today (August 27): Crude oil dips to $87, down for 4th session amid Hormuz reopening hopes. What are experts saying?

Oil prices slipped on Thursday, extending their losing streak, as hopes of a Strait of Hormuz reopening grew amid diplomatic efforts involving Iran and Oman. Brent crude fell 0.7% to $87.24 a barrel, while WTI declined 0.7% to $81.67. Markets are watching developments around the key oil transit route; a reopening could potentially ease supply disruption concerns.

27 Aug 2026 9:19 am
'I don't think he's dead...was very seriously wounded': Trump on Iranian Supreme Leader Mojtaba Khamenei

US President Donald Trump believes Mojtaba Khamenei is alive but seriously wounded. Iran released archival footage of the leader to counter health rumors. This footage was reportedly filmed before he became Supreme Leader. Iranian President Masoud Pezeshkian stated Khamenei is completely healthy. The US military reported significant maritime engagements and economic strength.

27 Aug 2026 9:18 am
Shipping traffic through Strait of Hormuz rises slightly, data shows

Shipping traffic through the Strait of Hormuz saw a slight increase on Wednesday. This occurred while a geopolitical standoff between the United States and Iran persisted. Market watchers are also monitoring ongoing Iran-Oman discussions regarding the vital waterway. Meanwhile, traffic at the Bab el-Mandeb strait experienced a slowdown for the second day. Some vessels may be sailing with their transponders turned off, impacting official counts.

27 Aug 2026 9:06 am
Quote of the Day by Leo Tolstoy: 'Love is the only way to rescue humanity from ...' - Why gentleness is the ultimate form of strength

Leo Tolstoy profoundly asserts that love serves as the sole solution to the myriad ailments afflicting humanity. This principle is especially pertinent in our modern, fast-paced digital world. Embracing a more empathetic approach over hostility fosters true healing. Choosing to cultivate kindness in every interaction showcases the essence of genuine love, revealing that true strength is derived from compassion rather than mere force for authentic change.

27 Aug 2026 9:00 am
'Burst of Joy' photographer Sal Veder, who captured Vietnam War's most iconic homecoming, dies at 99

Pulitzer Prize winner Slava Veder, renowned for his Vietnam War photo, has died. His iconic image captured a soldier's reunion with his children after captivity. Veder, an Associated Press photographer, passed away peacefully at his California home. He was celebrated for his dedication to capturing compelling human moments. His legacy includes mentoring younger photographers and documenting significant historical events.

27 Aug 2026 8:56 am
More than 550 missing in Tibet after floods that left hundreds also missing in Nepal

Massive flash floods and mudslides in Nepal and Tibet have claimed over 160 lives. Hundreds of people, including many foreigners, remain missing after the devastating events. Communities were swept away by torrents of water and debris, destroying roads and buildings. Survivors described little time to escape the sudden and powerful natural disaster. Rescue efforts are underway in the affected border regions.

27 Aug 2026 8:53 am
Dubai International Airport handles 31.5 mn passengers in H1; expects stronger H2

Dubai International Airport handled 31.5 million passengers during the first half of 2026. Passenger processing times remained strong, with most travelers clearing checks quickly. Despite regional airspace constraints, passenger volumes increased steadily through the second quarter. Nearly fifty international airlines connected DXB to 217 destinations worldwide. The airport anticipates stronger traffic momentum in the year's second half.

27 Aug 2026 8:21 am
Quote of the Day by French novelist Alexandre Dumas: Life is a storm, my young friend. You will bask in the sunlight one moment, be shattered on the rocks the next. What makes you a man is

Alexandre Dumas' quote highlights life's unpredictable nature. We face storms, and our response defines us. Resilience is key to navigating hardship and rebuilding. Good and difficult times are both part of human experience. Dumas' enduring stories teach timeless lessons about survival.

27 Aug 2026 8:00 am
Qatar PM to visit Tehran to pursue mediation efforts

Qatars prime minister is visiting Tehran to revive diplomacy between Iran and the United States as sanctions intensify and negotiations over the Strait of Hormuz remain unresolved. The waterways oil traffic has sharply declined, while Iran and Oman dispute control, revenues and navigation rules amid lingering tensions and maritime incidents.

27 Aug 2026 7:36 am
White House to announce new drug pricing deals with biotechs: Report

The Trump administration is expected to announce voluntary drug-pricing agreements with midsize biotech companies, requiring discounts for outpatient medicines supplied through Medicaid. The deals would align U.S. prices with those charged abroad, extending efforts that have already involved 17 pharmaceutical firms and could deliver billions of dollars in government savings.

27 Aug 2026 7:21 am
Gold firms, eyes on Fed Chair Warsh's comments

On Thursday, gold prices rebounded following a drop in the previous session, drawing attention to upcoming remarks from Federal Reserve Chair Kevin Warsh. With U.S. inflation still high, the central bank's interest rate strategies are under scrutiny. Investors are speculating on potential interest rate increases. Meanwhile, other precious metals such as silver and platinum experienced gains as well.

27 Aug 2026 7:14 am
Oil prices extend losses on expectations talks to ease Middle East supply woes

Oil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening could alleviate supply issues arising from the ongoing conflict in the Middle East. Currently, Iran and Oman are working on arrangements for overseeing this vital shipping route. Meanwhile, Qatar's prime minister is set to visit Iran to renew diplomatic conversations aimed at resolving the war.

27 Aug 2026 7:10 am
Trump says the US doesn't need Canada. America's economy says otherwise

Despite President Donald Trumps claim that the United States does not need Canada, both economies remain deeply interdependent. Canadian oil, aluminum, potash, auto parts and electricity power American transport, agriculture, manufacturing and AI infrastructure.

27 Aug 2026 7:08 am
Significant victory: Meta to pay $17 billion to states in teen social media addiction trial

Significant victory: Meta to pay $17 billion to states in teen social media addiction trial

27 Aug 2026 2:38 am
Will you officially endorse Byron Donalds for governor?: Journo asks DesSantis point-blank

Will you officially endorse Byron Donalds for governor?: Journo asks DesSantis point-blank

27 Aug 2026 2:35 am
In 1943, families displaced from a North Carolina town were promised a road home; 83 years later, the seven-mile Road to Nowhere still ends above their lost village

The Road to Nowhere ultimately represents much more than an unusual dead-end highway in North Carolina. It is a reminder of the human cost that can accompany enormous infrastructure projects and national priorities.

27 Aug 2026 1:56 am
Quote of the day by Ellen DeGeneres: 'We need more kindness, more compassion, more joy, more...' - inspiring quote by American comedian and The Ellen DeGeneres Show host teaches life lessons on making life better, making a positive difference and why kindness, compassion, joy and laughter matter

Quote of the day by Ellen DeGeneres: Ellen DeGeneres champions kindness, compassion, joy, and laughter in daily interactions. She believes these qualities are essential and wants to contribute to their prevalence. Her career began in comedy clubs and led to television success. DeGeneres voiced Dory in animated films and hosted the Academy Awards.

27 Aug 2026 1:48 am
In 1963, New York abandoned an island where Typhoid Mary had been quarantined; 63 years later, 25 decaying buildings remain closed to the public

North Brother Island ultimately stands as one of New York Citys most unusual historical landscapes because its ruins tell several stories at once.

27 Aug 2026 1:44 am
In 2018, a laboratory was launched to the International Space Station to study ultra-cold quantum gases in the microgravity environment

In 2018, a laboratory was launched to the International Space Station to study ultra-cold quantum gases in the microgravity environment. NASAs Cold Atom Lab uses lasers to cool atoms near absolute zero. The facility allows scientists to study quantum phenomena, produce Bose-Einstein condensates in orbit and examine how atoms behave when gravity has less influence on their motion.

27 Aug 2026 1:36 am
Quote of the day by Bob Marley: 'The greatness of a man is not in how much wealth he acquires, but in his...' - inspiring quote by King of Reggae and One Love singer teaches life lessons on integrity, character, impact we have on others, positivity, why true greatness goes beyond money and success

Quote of the day by Bob Marley: Bob Marley believed true greatness stems from integrity and positive influence. His words suggest wealth does not define a person's true character. Marley's music brought reggae to global audiences with diverse influences. He became an important cultural and political figure in Jamaica.

27 Aug 2026 1:13 am
Quote of the day by Albert Einstein: 'The only source of knowledge is...' Life lessons from motivational quote on true understanding, real wisdom, timely action and memorization

Quote of the day by Albert Einstein, The only source of knowledge is experience, explains how facts become useful when people apply them in real situations. The quote focuses on learning through action, mistakes, practice and reflection. Einsteins life also shows how curiosity, education, questions and personal experience shaped his approach to science and knowledge.

27 Aug 2026 1:12 am
August 27, 2026 Blood Moon in Pisces brings emotional clarity, endings and new beginnings- these 4 zodiac signs are facing a powerful turning point

The August 27 Blood Moon brings emotional closure and personal growth. This lunar eclipse encourages releasing past attachments and old expectations. Four zodiac signs, Pisces, Cancer, Scorpio, and Virgo, will feel this turning point. Recognizing internal change allows for a focus on future possibilities. This celestial event helps individuals put down what they were never meant to carry.

27 Aug 2026 1:01 am
Quote of the Day by Isaac Asimov: If knowledge can create problems, it is not through ignorance that we can... Timeless life lesson from an inspiring quote on knowledge, wisdom, responsibility, critical thinking, growth and why understanding difficult truths can lead to better decisions and meaningful change

Quote of the Day by Isaac Asimov teaches a simple but important lesson: knowledge may create difficult problems, but ignorance cannot solve them. His words highlight the value of science, critical thinking and responsible decisions. In a world filled with complex challenges, understanding the facts is often the first step toward finding practical solutions.

27 Aug 2026 1:00 am