The Economic Times
Elections 2026Global Business / The Economic Times
China's large energy reserves offer protection against rising global oil and gas prices. The nation's refiners may profit from increased exports of refined products. China also benefits from discounted Russian and potential Iranian crude. Domestic price controls shield consumers from inflation. Similar advantages exist for coal and LNG imports, ensuring stable domestic supply.
Praising Stalin for commissioning a detailed examination of UnionState relations, Siddaramaiah said Karnataka stands ready to work with TN and other like-minded states to advance an informed national conversation on federal renewal. The ruling parties of the two states are part of the INDI alliance.
Word of the Day: Ornery means stubbornly bad-tempered by nature. Not just grumpy for a day. Built that way.It comes from 1800s American dialect a twisted form of ordinary, meaning low character. Mark Twain loved it. Country songs use it. Your grandmother probably said it. Use it for people who push back on everything, always. He was too ornery to apologise even when he was wrong. Ornery is irreplaceable precisely because no other word does what it does. Grumpy is too mild.
Karnataka Chief Minister Siddaramaiah refutes claims of phone tapping targeting his deputy, D K Shivakumar. He labels the allegations as desperate moves by opposition leaders. Siddaramaiah emphasizes his strong relationship with Shivakumar, comparing it to milk and honey. He states that such attempts will not create a rift between them.
Pakistan's Foreign Minister Ishaq Dar is actively mediating in the ongoing conflict. He held talks with leaders from Saudi Arabia and Iran, ensuring mutual defense agreements are respected. Dar also contacted foreign ministers from several other nations. The government is focused on the welfare of Pakistani citizens living abroad. One Pakistani national was killed in the UAE.
Many Americans have very low retirement savings and depend mainly on Social Security income. Fewer workers now get pensions, which makes personal savings more important. Experts say starting early, investing monthly, and using 401(k) plans or IRAs can help build a bigger retirement fund. Smart planning and timing Social Security benefits can improve financial security later in life.
Prime Minister Narendra Modi has engaged in extensive diplomatic talks with leaders from the UAE, Israel, Saudi Arabia, Jordan, Bahrain, Oman, Kuwait, and Qatar. These discussions focused on the escalating regional conflict and the safety of the Indian community. PM Modi reiterated India's commitment to peace and stability through dialogue and diplomacy.
Why is gold price going down sharply by 4% and silver by 12%, and will precious metals plunge to great depths or stay afloat to rise again? Precious metals fall as Iran war lifts oil, gas, dollar and bond yields. Traders shift to energy and US dollar.
Hollywood icon Demi Moore turned heads at Guccis Milan Fashion Week on February 27, unveiling a bold new hairstyle that surprised fans worldwide. The 63-year-old actress featured a sleek chin-length bob, significantly shorter than her longtime signature locks, marking her shortest haircut in nearly three decades. Fans and critics alike shared their reactions online, making the transformation one of the most talked about fashion moments of the season.
Amid rising geopolitical tensions, Iran's attack on the US Embassy in Saudi Arabia marks a dangerous escalation in hostilities. In retaliation, the US and Israeli forces unleashed airstrikes over Iran, resulting in dire global implications for oil supply, gas resources, and travel safety.
Quote of the day by Ralph Waldo Emerson: Ralph Waldo Emerson's The only person you are destined to become is the person you decide to be emphasizes personal responsibility and the power of choice in shaping one's life. This transcendentalist philosophy challenges predetermined fate, highlighting that identity is formed through decisions, discipline, and intention.
United States President Donald Trump has declared that Iran's window for negotiations has closed. He stated that Iran's military leadership and defense capabilities have been significantly diminished. Trump asserted that Iran's air defense, air force, navy, and leadership are gone. He indicated that Iran now wishes to talk, but he has responded with 'Too Late'.
The International Atomic Energy Agency has released a statement acknowledging the destruction at Iran's Natanz Nuclear site. Recent satellite photos reveal extensive damage to the entrance structures, yet officials assure there is no risk of radiological fallout. Initial reports suggest that strikes from US and Israeli forces were responsible.
Jammu and Kashmir Chief Minister Omar Abdullah condemned strikes on Iran. He questioned the authority of the United States and Israel to take such actions. Abdullah stated that no international law justifies foreign military aggression or the killing of civilians. He urged people to exercise restraint and express anger through lawful means.
Reigning world champion D Gukesh faces Aravindh Chithambaram in the Prague International Chess Festival. Gukesh, struggling for form, needs a victory to improve his standing. Tournament leader Jorden van Foreest continues his impressive run. In the Challengers section, Divya Deshmukh shows promise, while Vaclav Fink leads. Surya Shekhar Ganguly seeks redemption at the bottom of the table.
In response to a recent drone strike executed by Iran targeting the Royal Air Force base in Akrotiri, Britain is set to dispatch the HMS Duncan warship to Cyprus. This strategic move underscores the UKs commitment to bolstering regional security.
Visvesvaraya Technological University has announced examination results for December 2025 and January 2026. Students can now check their scores online. The university has also indicated that details regarding revaluation and photocopy applications will be released soon. Candidates are urged to verify their results and contact authorities for any discrepancies. This update covers various undergraduate and postgraduate programs.
Under the leadership of Director General of Police Ajay Singhal, the operation was conducted on March 2, sending a clear message that law and order is paramount in the state and no unlawful activity will be tolerated, an official statement said on Tuesday.
The SAVE student loan plan is facing uncertainty after a court decision. Millions of borrowers are still in payment pause status. The government has not clearly said when payments will restart. The plan is expected to end by 2028. Borrowers may need to switch to other income-driven repayment plans like IBR or RAP in the coming years.
Senator Lindsey Graham suggested Cuba is next on President Trump's foreign policy agenda following U.S. and Israeli airstrikes on Iran. Graham praised Trump's handling of Venezuela's Maduro and stated Cuba's communist dictatorship is nearing its end. This follows recent escalations, including the capture of Maduro and Cuba's fuel crisis, alongside Trump's comments about potential friendly takeover talks with Havana.
India's economy is growing through investment and reforms, not just stimulus. Public spending on infrastructure is rising, boosting competitiveness. Tax stability and fewer regulations encourage investors. Reforms are being implemented, with a focus on efficient project delivery. Labour laws are being simplified to support manufacturing. Faster dispute resolution is also key.
A solar eclipse happens when the Moon moves between the Earth and the Sun, blocking the Suns light from reaching a portion of the Earth either completely or partially.
56-year-old music mogul Sean Diddy Combs is expected to be released from prison sooner than previously scheduled, as per the records from the Federal Bureau of Prisons obtained by E! News. Currently housed at Fort Dix Federal Correctional Institution in New Jersey, Combs has dismissed violating prison guidelines and has publicly expressed remorse, pledging accountability and commitment to personal growth after sentencing.
Manipur Chief Minister Yumnam Khemchand Singh initiated a National Integration Tour for youths. The tour involves participants from Meitei, Kuki, Naga, and Meitei Pangal communities. Assam Rifles relocated over 47,000 people during the recent crisis. The Chief Minister urged for forgiveness and unity to foster peace and development in the state. The tour will visit several Indian cities.
Prime Minister Narendra Modi reached out via phone to Sultan Haitham bin Tarik of Oman and Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah of Kuwait, addressing growing security concerns linked to recent violent incidents in their regions. The conversations highlighted the urgent need to protect the well-being of Indian citizens living abroad.
In a significant turn of events, a multitude of companies are collectively pursuing upwards of $130 billion in tariff refunds. This has led to an unprecedented influx of lawsuits before the U.S. Court of International Trade, where both major corporations and smaller enterprises are stepping up to stake their claims.
The US State Department has ordered non-essential staff to depart from six Middle Eastern nations. This action follows Iran's retaliatory strikes against US-Israeli attacks. The affected countries include Bahrain, Iraq, Jordan, Kuwait, Qatar, and the United Arab Emirates. Travel advisories have been updated due to ongoing threats of drone and missile attacks from Iran and general security concerns.
While neon-colored sports drinks are marketed as the ultimate hydration tool, they are often loaded with artificial dyes and refined sugars. Nature, however, provides high-potency alternatives that restore your mineral balance more effectively and sustainably. Here is the story of 7 natural electrolyte powerhouses that outperform any bottled sports drink.
Toyota has increased its offer for Toyota Industries, a move welcomed by activist fund Elliott Investment Management. The automaker's revised bid aims to secure the forklift maker. However, questions linger regarding fairness to minority shareholders. The deal's transparency and treatment of group companies remain points of contention for some investors.
Four money lenders have been arrested in connection with the alleged abetment of suicide of a couple and their son in Amberpet. The family reportedly took their lives due to harassment and high interest demands from financiers. Police seized blank cheques, promissory notes, and land documents as part of the investigation.
Bayonet meaning: The word 'bayonet' refers to a blade attached to a rifle for close combat. Originating from a French town, its use revolutionized warfare. Today, bayonets are still used for training and ceremonies. The term also describes a twist-and-lock attachment found in cameras and light bulbs, showcasing its enduring influence.
Waking up with a heavy, distended stomach can set a sluggish tone for the rest of your day. Morning bloating is often caused by water retention, slow digestion, or gas buildup from the night before. Here is the story of seven morning foods that act as a natural reset button for your gut.
Social Security Payment March 3, 2026: The SSA is sending money this morning. If you filed before May 1997, today is your payday. The average deposit is $2,071. The 2026 Cost-of-Living Adjustment landed at 2.8%. Retirees gain $56 monthly. Couples gain $88 monthly. SSI individuals now cap at $994. SSI couples cap at $1,491. Most Social Security payments arrive early in the morning through direct deposit. If your funds do not appear on March 3, the SSA recommends waiting three business days before
Russia has issued a stark warning. A war launched by the US and Israel against Iran could push Tehran and its Arab neighbors towards acquiring nuclear weapons. This development risks escalating regional instability. Moscow urges an immediate end to hostilities. President Putin is working to ease tensions and convey concerns to Iran.
As tensions escalate along the Afghanistan-Pakistan border, the conflict has stretched into its sixth consecutive day, resulting in 42 civilian casualties and 104 individuals injured in Afghanistan, according to the United Nations. While Afghanistan declares it has taken control of a Pakistani outpost, Pakistan refutes claims of civilian harm, asserting its focus on militant targets.
Iran-Israel War: Drones hit the US embassy in Riyadh and more explosions rang out in Gulf cities Tuesday as Iran hit back at industrial and diplomatic targets across the Middle East and governments sought to evacuate their nationals from the region. - Energy production stalls - Saudi Arabia said it intercepted on Tuesday eight more drones in two cities, including the capital.
Achieving strong bones on a plant-based diet is easier than ever in 2026. This story highlights seven key vegan sources of Vitamin Dfrom UV-exposed mushrooms and fortified plant milks to the revolutionary lichen-derived D3providing a clear roadmap for maintaining optimal bone density and immune health without animal products.
Recent turbulence in the Strait of Hormuz has led to significant operational changes among Chinas major refiners. Zhejiang Petrochemical Corp is prioritizing maintenance on a large processing unit, while Fujian Refining and Petrochemical Co has ceased operations at a crude unit.
Russian President Vladimir Putin will relay Gulf Arab leaders' worries to Iran. This follows recent strikes on regional energy and civilian infrastructure. Putin aims to ease tensions in West Asia. Saudi Arabia and Qatar have expressed concerns about conflict expansion. Iran retaliated against US and Israeli strikes. The conflict has impacted global energy markets and regional airspace.
Rising Gulf tensions have pushed global crude oil prices up by 9-10%, with Brent crude crossing $80 per barrel. Despite this, India's petrol and diesel prices are unlikely to change immediately as the government maintains a calibrated approach to protect consumers. Concerns over supply disruptions through the Strait of Hormuz persist, impacting global shipping.
Turkey is actively working to end the war in Iran and restart negotiations. Foreign Minister Hakan Fidan confirmed talks with Oman and other global partners. The conflict, which began with strikes by the United States and Israel against Iran, has widened significantly. Turkey warns of regional destabilization and impacts on energy supplies.
February saw a surprising jump in inflation across the euro zone, largely driven by rising costs for food and services. This increase could worsen if ongoing conflicts in the Middle East keep energy prices on an upward trajectory. Economists are hopeful for a return to a more stable mid-2% inflation rate, but that hinges on the conflict's resolution.

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