The Economic Times
Elections 2026Global Business / The Economic Times
British Defence Minister John Healey resigned, citing Prime Minister Keir Starmer's failure to commit necessary resources for national defense. Healey accused the Treasury of unwillingness to fund increased military spending amid rising global threats. The prolonged delay in the Defence Investment Plan has frustrated the defense industry, which faces uncertainty due to geopolitical volatility and a shifting US focus.
In a pivotal discussion at the G7 summit, France is highlighting urgent concerns about the global economic landscape. China's robust exports contrast sharply with the U.S.'s mounting deficits, while Europe's investments appear to be lagging. These inconsistencies pose risks for escalating trade disputes and financial unrest.
FIFA World Cup 2026 ticket prices are making headlines as the most expensive final ticket could cost an average Indian nearly 20 months income. Heres a breakdown. The most expensive final ticket is priced at $7,598. This figure is nearly 20 months of average income for an Indian. Previous World Cup final tickets were much cheaper. Beyond tickets, travel and accommodation costs will also be substantial.
World cup today matches: FIFA World Cup 2026 is kicking off on Thursday.
Americans are not happy with the fast building of data centers for AI. Most people do not want these centers in their neighborhoods. They worry about higher electricity bills and job losses. This issue is important for voters ahead of the upcoming elections. Fourteen states are looking at pausing new data center projects.
Donald Trump has urged Iran to sign a deal to end the war and suggested earlier this week that an agreement could be reached in days.
Italian Proverb of the Day: An old Italian proverb, 'Chi nasce tondo non muore quadrato', highlights that people's core personalities tend to stay the same. While growth is possible, fundamental traits remain. Understanding your nature helps in making better life choices. This wisdom encourages self-awareness and building on existing strengths. It also promotes acceptance of others. Habits shape future character.
Northern Ireland riots: Politicians from both parts of Northern Irelands power-sharing government condemned the violence.
Justice Prashant Kumar Mishra of the Supreme Court on Thursday recused from hearing a petition filed by Bollywood actor Jacqueline Fernandez against a Delhi trial court order framing charges against her and alleged conman Sukesh Chandrashekhar in a Rs 200 crore money laundering case.
3 Body Problem Season 3: Netflixs adaptation of the acclaimed science-fiction saga has reached a significant new chapter, with 3 Body Problem Season 3 officially entering production. Developed by David Benioff, D. B. Weiss and Alexander Woo, the series continues its ambitious adaptation of the epic story first imagined by Liu Cixin.
The Kerala High Court has ordered a fresh probe into alleged fund misappropriation by Travancore Devaswom Board employees. The court expressed dissatisfaction with the initial report, finding it minimized the loss to the Board. A senior officer will now re-evaluate the case to determine if corruption charges apply.
Uber CEO Dara Khosrowshahi has warned that excessive parental protection, or 'helicopter parenting,' can hinder children's long-term development. He argued that shielding kids from challenges prevents them from building resilience and independence, which are crucial for character development and finding satisfaction in life. Dara Khosrowshahi said that by helping children all the time, parents are doing a disservice to their kids, a comment appreciated by tech billionaire Michael Dell.
Trinamool Congress MP Shatrughan Sinha pledges unwavering support to party chief Mamata Banerjee. This comes after Sinha congratulated Prime Minister Narendra Modi on his 12-year tenure. Meanwhile, another TMC leader expressed internal party disagreements regarding a legal case involving Abhishek Banerjee. The leader presented Mamata Banerjee with a choice between himself and Abhishek Banerjee.
Haryana has established an Anti-Terrorism Squad within its Crime Investigation Department. This specialized agency aims to enhance police efficiency in combating terrorism. The ATS will be led by an Inspector General of Police and headquartered in Panchkula. Two police stations under the ATS will operate in Panchkula and Gurugram, investigating terror-related offenses across the state.
OpenDoor India operations shutdown: Opendoor CEO Kaz Nejatian confirmed the shutdown of the company's India operations, impacting approximately 250 employees. Nejatian, a former lawyer and tech executive with experience at Meta and Shopify, stated the decision was performance-independent. This move has sparked significant online interest in Nejatian and Opendoor's India presence.
China's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles and public transport. This behavioral change, driven by higher fuel prices and the property crisis, is leading to reduced crude oil imports and has major implications for global oil markets.
AC hacks: When your air conditioner struggles to cool, don't just lower the thermostat. Dirty filters, blocked outdoor units, and poor insulation can hinder performance. Simple steps like closing windows, using fans, and reducing appliance heat can significantly improve cooling efficiency and save energy.
Prime Minister Narendra Modi stated that India is confidently advancing on its growth path despite global instability. He highlighted the importance of leveraging India's demographic dividend and promoting women-led development as key drivers for achieving a developed India (Viksit Bharat). The Prime Minister also emphasized the role of cooperative federalism and collaboration between states and the center.
Antonio Gracias, a close friend and early investor in Elon Musk's ventures, is poised for a massive payday as SpaceX prepares for its IPO. Gracias's firm, Valor Equity Partners, holds a significant stake in SpaceX, valued at approximately $65 billion, reflecting over two decades of unwavering support and hands-on involvement, even during the companies' most challenging periods.
Black coffee health benefits: Swapping sugary coffee for black coffee for 30 days can naturally reduce calorie intake, leading to potential fat loss and improved energy levels. This simple change helps curb sugar cravings and manage appetite, supporting healthier eating habits. While not a magic bullet, it's a practical step towards better health, with emerging research also suggesting benefits for liver health.
Trinamool Congress MP Kalyan Banerjee stepped aside from a Calcutta High Court case involving Abhishek Banerjee. Banerjee cited a lack of communication regarding case filings. He also criticized Abhishek Banerjee for arrogance and disrespect towards senior party members. The development follows a CID investigation and Abhishek Banerjee receiving interim protection from coercive action.
New research published in NeoBiota suggests western honey bees may be helping spread myrtle rust, a destructive fungal disease threatening Australia's native plants. Scientists found that bees collect and transport infectious fungal spores, which can survive inside hives for days. Researchers warn this could accelerate the fungus's spread as commercial bee colonies are moved across the country, with potential implications for biodiversity and global biosecurity.
Kenya has awarded a $2.9 billion airport upgrade contract to China Communications Construction Co., two years after canceling a deal with India's Adani Group. The project aims to modernize Jomo Kenyatta International Airport, partly funded by a new National Infrastructure Fund and commercial loans. This move strengthens China's infrastructure presence in Kenya amidst regional competition.
Some of the best dishes are made with just a few ingredients, and there seems to be a general consensus that simpler is better. These are great recipes for those who want something fast-easy to cook during the week, as well as for those who may not have much cooking experience or just want something quick to eat without having to go out and do extensive shopping.
The FIFA World Cup 2026 in the United States, Canada, and Mexico will showcase advanced technology. AI will create 3D player models for VAR reviews. Smart match balls will track every touch and referee cameras will offer new perspectives, enhacing the overall experience. Robot dogs will assist security.
Nineteen-year-old ethical hacker Nisarga Adhikary, who recently highlighted security flaws in CBSE's digital infrastructure, has been appointed as an OSINT and Threat Intelligence Engineer at IIT Kanpur's C3iHub. Adhikary's allegations included publicly accessible scanned answer sheets and question papers due to cloud storage misconfigurations, and vulnerabilities in the OSM portal.
Frank Sinatra's iconic lyric Love and marriage, love and marriage, go together like a horse and carriage suggests that true love requires the stable foundation of marriage. This enduring observation highlights that meaningful relationships are built on commitment, trust, and the willingness to build a future together, not just fleeting passion.
The Indian Embassy in Oman is closely watching an incident near Shinas port. This follows a recent attack on a tanker that tragically claimed the lives of three Indian seafarers. Authorities are coordinating to gather more details. The embassy confirmed the deaths of the three missing crew members. Search efforts had been ongoing.
The Nagaland State Lottery Sambad Dear Thursday Weekly Draw results are coming soon. Ticket holders can check the winning numbers online. Winners need to keep their original tickets safe. The prize claim process requires specific documents. Buy tickets from authorized sellers and verify results through official channels. Participate responsibly.
The Supreme Court of India has declared homemakers as nation builders. A monthly compensation of Rs. 30,000 will now be awarded for the loss of domestic and caregiving services. The court acknowledged the economic value of unpaid household work. This ruling recognizes the significant contributions of homemakers to families and society.
Tamil Nadu's power distribution body, TNPDCL, is forming special teams in all districts. This move aims to fix faults quickly and reduce power cuts. The state serves over 35 million consumers. Special funds are allocated for urgent repairs. Electricity Minister C T R Nirmal Kumar reviewed measures to ensure continuous power for urban and suburban residents.
Chinese President Xi Jinping visited North Korea, with both nations claiming significant gains. The trip boosted North Korean leader Kim Jong Un's international standing and deepened Pyongyang's alignment with Beijing. Discussions focused on cooperation, sidestepping sensitive topics like denuclearization and the United States. This visit marks a shift in regional dynamics.
In San Francisco, the longtime hub of the US tech sector, fortunes tied to artificial intelligence startups are inflating home prices and fueling a spike in evictions, splitting the city's population into two different trajectories. Whether the home could be bought with shares remains to be seen, but the frenzy around it sparked a larger conversation about San Francisco housing.
Dehradun Weather: Dehradun and several Uttarakhand districts are set for a wet spell with light to moderate rain and thunderstorms predicted for June 11. The India Meteorological Department warns of lightning and gusty winds, with higher altitudes potentially seeing snowfall. This follows heavy showers on Wednesday, offering respite from the heat.
A taste of home is now available in Tokyo! 'Jaggu Dhaba', a restaurant founded by a man from Patna, is delighting patrons with authentic North Indian and Bihari cuisine. Viral social media buzz highlights its popular samosa chaat, pani puri, and vegetarian thali, offering a comforting culinary journey for Indians abroad and introducing regional flavors to Japan.
With agriculture sector employing around 43 per cent of the South Asian workforce, the region has strong potential to emerge as a global leader in food systems, said World Bank Group, as per a statement by the Ministry of Food Processing Industries.
Taiwan's coast guard asserts its maritime sovereignty cannot be violated by China. China recently ended a patrol east of Taiwan, inspecting vessels and claiming jurisdiction. Taiwan insists China has no rights in these waters and will expel any asserting jurisdiction. This follows China's reaction to Japan and the Philippines discussing maritime boundaries.
Somali referee Omar Abdulkadir Artan, set to be the first from his nation at a FIFA World Cup, was denied entry to the US due to suspected links to terror organizations. Despite holding a visa and FIFA accreditation, US authorities deemed him inadmissible, shattering his dream and sparking controversy. Omar Abdulkadir Artan is one of Africa's best referees.
Kerala is on high alert after a man in Kozhikode district tested positive for Nipah virus. Health officials are tracing contacts and implementing quarantine measures. The patient is on ventilator support. Samples are sent for confirmation. Authorities are investigating the source of infection. Nipah virus is a zoonotic disease spread by fruit bats and pigs.
TMC Rajya Sabha MP Prakash Chik Baraik has resigned from the Upper House with immediate effect, marking the third resignation from the party within a week and adding to signs of growing unrest within the Trinamool Congress.
Europe stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global footprint. By strategically pushing for the expansion of major banks, tech giants, and defense sectors, the European Union is determined to avoid the pitfalls of a second-tier economy.

36 C