The Economic Times
Elections 2026Global Business / The Economic Times
US lawmakers are considering tariffs on Russia's oil trading partners, including India. One amendment proposes 100% tariffs on countries like India and China. Another amendment seeks to remove the tariff provision entirely from the bill. India's energy sourcing policy prioritizes national interests amid these developments.
The Enforcement Directorate aims to expedite money-laundering trials within eight months. Zonal offices will identify key cases for accelerated prosecution and conviction. A new trial monitoring system will track case progress and delays. The agency is also expanding its sanctioned strength by sixty percent. This structural change will enhance the directorate's operational capabilities significantly.
Indias goods exports surged in August, driven by robust global demand, while the trade deficit narrowed to a five-month low as imports declined. Key free trade agreements are on track for finalisation, while exporters are being prepared for the European Unions Carbon Border Adjustment Mechanism. Trade ministers are also set to address bilateral concerns and review the status of ongoing free trade negotiations.
Trade agreements beyond the multilateral trading system can also offer examples whereby unilateral enforcement mechanisms have been tailored to the particular market access outcome arrived upon, according to the WTOs World Trade Report 2026. Given the target-based structure of the FDI commitment, the parties chose an enforcement mechanism which would permit India to unilaterally reimpose tariffs if it determined that the targets had not been met, the WTO said.
Sivakumar Sundaram highlighted the importance of collective purpose at The Economic Times awards, urging awardees to utilize recognition as a foundation for ongoing contributions. He addressed the swift evolution of AI and stressed the necessity for aligning human values with technology. Cautioning against becoming overly reliant on devices, he emphasized that maintaining relevance demands a continual showcase of one's value and capability.
Nelson Mandela's wisdom teaches us the importance of resilience in the face of adversity. He championed the fight against apartheid and racial oppression in South Africa. His insights remind us that failure is merely a stepping stone on our path. Embracing our failures with an optimistic mindset can yield true success. By learning from our setbacks, we rediscover our strength to rise again.
Drew Barrymore eloquently uses the imagery of a butterfly to convey that the awkward phases of life are essential to our personal growth. Rather than viewing these struggles as failures, she emphasizes their role in shaping who we ultimately become. Reflecting on her own journey, Barrymore inspires others to embrace transformation, reminding us that a challenging beginning does not determine our future successes.
Quote of the day by Seneca, Enjoy present pleasures in such a way as not to injure future ones, focuses on moderation, self-control and foresight. The saying does not reject happiness or pleasure. Instead, it asks people to consider how present choices can affect future health, peace, stability and well-being. Senecas Stoic thought suggests that lasting happiness comes from enjoying life without creating problems for tomorrow.
The Sagittarius Moon is associated with growth and expansion, but moving into a bigger chapter may first require letting go of whatever has been limiting progress. For these three Zodiac Signs, the turning point could come from something surprisingly straightforward: giving less energy to distractions, making a clear choice and allowing that decision to create forward momentum.
Quote of the Day by Penlope Cruz: Penlope Cruzs quote, Every relationship ends, until maybe you find one that lasts forever, explores the uncertainty of love, the lessons of past relationships, and the hope of finding lasting companionship. The quote suggests that while many relationships may come to an end, their endings should not destroy our belief in love or prevent us from remaining open to a meaningful and lasting connection.
B.C. Supreme Court Justice Richard Hewson awarded Bing Chen Gao $275,000 in damages for the defamatory statements Yun Fei Zhu published about him. The court's decision came after supporters of Chinese businessman Guo Wengui staged a 77-day protest outside his Surrey home in 2020. The protesters were supporters of Guo Wengui, also known as Miles Guo, who founded a group called the New Federal State of China with former Donald Trump advisor Steve Bannon.
Ohio celebrates Emma Gatewood, the first woman to solo hike the Appalachian Trail. She completed the 2,055-mile journey in 1955 at age 67. Gatewood survived domestic abuse and raised eleven children before her remarkable hike. Her ultralight approach and resilience inspired many hikers across the nation. She is honored with a special day and historical markers for her achievements.
Sora Corro, a young pianist, has secured numerous first-place competition victories. She has performed piano concertos with orchestras, showcasing her exceptional talent. Corro won multiple concerto competitions and will perform Grieg's concerto in October. She also received top prizes in international piano competitions.
Revitalizing bent broom bristles is easier than you think with this effective cleaning hack. Simply soak the bristles in a warm solution of salt, vinegar, and water for a few hours. This technique not only cleans but also loosens the bristles for that perfect shape again. After soaking, let the broom dry upright to maintain its functionality and prevent future bending.
Where is he now?: Kash Patel pressed on Somali-born Minnesota Medicaid fraudster at Senate hearing
In 2011, Ashton Kutcher invested $500,000 in Uber when the ride-hailing startup was still finding its footing. Five years later, his stake was reportedly worth more than $60 million as Uber expanded rapidly and its valuation soared. What began as a relatively early investment became one of Kutchers most notable bets, showing the extraordinary potential of backing a company before its breakthrough.
When it comes to maintaining a sparkling toilet, white vinegar proves to be a trusty companion. Its acetic acid works wonders in dislodging mineral deposits and tackling unpleasant odors. However, it's important to remember that while vinegar is excellent for cleaning, it does not serve as a disinfectant against germs. Additionally, never mix vinegar with bleach, as this combination produces harmful chlorine gas.
From 1958 to 1960, Elvis Presley dedicated time to military service in the US Army, frequently making stops in Waco, Texas. During these visits, he had a penchant for dining at Cupp's Drive-Inn, where he favored a particular double cheeseburger topped with bacon. Today, this iconic diner continues to serve Elvis's cherished dish, attracting both locals and tourists eager to dine like the King.
United Nations Secretary-General Antonio Guterres has accepted Luke Lindberg as the nominee for World Food Programme leadership. Lindberg, a senior US agricultural official, was recommended by Guterres and Qu Dongyu. He currently serves as the US Department of Agriculture's Under Secretary for Trade and Foreign Agricultural Affairs. The World Food Programme's top job has traditionally gone to an American nominee for decades.
Quote of the Day by Shakira: Shakiras quote, I just want to grow old with a man who takes care of me, and I want to eventually have kids and want them to be good children to me. Just want to be treated nice and have respect, explores the importance of love, companionship, family, kindness, and mutual respect in relationships. The quote suggests that a meaningful life is built on having a caring partner, a loving family, and relationships where people are treated with dignity, understanding, appr
Quote of the day by Glenn Close reflects self-acceptance, confidence, empathy and the pressure created by traditional gender roles. The actress says she never wanted to be a man and adds that she feels sorry for men. The remark uses humour to discuss identity, expectations and compassion. Here is the meaning of the quote, its relevance, and the life lessons it offers.
The United States has acknowledged its possession of orbital space-control weapons, a declaration echoing a 1962 nuclear test that generated artificial radiation belts. Current space warfare strategies emphasize counter-space capabilities rather than relying on explosive power. Countries like China and Russia are also advancing their own space technologies, highlighting the growing perception of orbit as a potential arena for future military conflicts.
Cupboards are easy places to postpone organizing because the effort often brings little immediate or visible payoff. Tidying the living room, for example, can transform a space within minutes and provide an instant sense of accomplishment.
Proverb of the day: Offering advice from a distance can be effortless, especially when one is removed from the challenges at hand. A wise Greek proverb serves as a reminder that true understanding comes from involvement, not mere observation. It stresses the importance of empathizing with others' struggles to appreciate the nuances in their choices, fostering deeper connections and support.
Taylor Swift acquired the master recordings of her first six albums. She purchased these original masters from Shamrock Capital in May 2025. This acquisition included music videos and other associated materials. Swift had previously begun re-recording these albums as Taylor's Version. She had not yet released Taylor's Version editions for her debut and Reputation.
Beyonc and Uber story remains a striking example of how celebrity culture, technology startups and equity compensation converged during Silicon Valleys explosive growth years. In 2015, accepting reported Uber stock instead of cash for a performance could have looked like an unconventional compensation choice.
Carrying a water bottle everywhere does not necessarily mean someone is anxious, overly focused on hydration, exceptionally disciplined or especially health-conscious. The habit may have a much simpler explanation.
China's Loess Plateau, once severely eroded, underwent significant ecological recovery. Communities actively participated in restoration efforts, receiving incentives for their work. Vegetation cover increased, and biodiversity returned to the landscape over time. This project demonstrated that degraded land can be restored with proper community engagement. The lessons learned offer valuable insights for ecological rehabilitation globally.
A team of ocean scientists in Newfoundland and Labrador are turning one ocean dead zone into a thriving marine ecosystem and the live camera captures cunners, crabs, lobster and other algae-covered reef structures. The team placed an underwater camera in the area to monitor the balls and watched as the cement became carpeted in algae and slowly, more and more marine life settled into the structures to call them home.
China advocates for global artificial intelligence governance and international cooperation. Leading AI figures in the US have issued stark warnings about the technology's risks. Researchers express concerns about rapid development and potential existential threats. China emphasizes balancing AI advancement with robust safety measures and regulations. This discussion precedes a potential meeting between Xi Jinping and Donald Trump.
Donald Trump has intensified his criticism of recent Supreme Court rulings, particularly its decision on mail-in ballots ahead of the November midterm elections. He also raised concerns about the courts rulings on tariffs and birthright citizenship, accusing the justices of being influenced by what he called the Radical Left. Trump argued that these decisions could have damaging consequences for the US.
Quote of the day by Ed Harris comes from The Truman Show, where Harris played Christof, the producer who controlled Truman Burbanks world. The saying looks at how people accept familiar surroundings, rules and beliefs without questioning them. It raises questions about trust, comfort, control, assumptions and authenticity, while offering life lessons about examining reality, avoiding complacency and making choices based on what is true.
Maitreyi Ramakrishnan, the talented Canadian actress, passionately advocates for the relentless pursuit of ambitious dreams. She emphasizes the importance of giving everything you have to achieve your aspirations. Her own success story began with a bold audition for a significant role, echoing her belief in seizing opportunities despite the risk of criticism.
George Clooneys Casamigos gamble became a billion-dollar success. In 2013, Clooney and friends Rande Gerber and Mike Meldman began making tequila for themselves. They never seemed to imagine how far it could go. Four years later, Diageo agreed to buy Casamigos for up to $1 billion. What started as a friendship project had quietly become a major spirits brand.
Quote of the Day by Dustin Hoffman: Dustin Hoffmans quote, If youre waiting for the job, youre dead, explores the importance of taking action, creating opportunities, and refusing to remain passive in the pursuit of success. The quote suggests that waiting endlessly for the perfect job or opportunity can prevent people from moving forward, while initiative, persistence, and determination can help create new possibilities.
Quote of the Day by Grace Kelly: Grace Kellys quote, I walk an hour almost every day - and very quickly - wherever I am. Sometimes I go on long, all-day hikes with friends, explores the importance of consistency, daily movement, and maintaining an active lifestyle. The quote suggests that simple activities such as regular walking can become meaningful habits while also providing opportunities to enjoy nature, explore new places, and spend quality time with friends.
The US Senate prepares for a crucial vote on a cryptocurrency regulation bill. Democrats are concerned the legislation inadequately addresses President Trump's personal crypto holdings. The bill aims to establish clear federal rules for digital assets and resolve agency disputes. Trump has agreed to some ethics concessions, but most Democrats remain unsatisfied. This vote is a significant election-year test for the growing crypto market.
Netherlands 60-metre Blade Barrier represents more than an unusual highway wall. It is an experiment in what a circular economy can look like when renewable-energy waste is treated as a potential construction resource instead of an unavoidable disposal problem.
In 1955, a letter containing Pamela Jean Haslams baptismal certificate was mailed to Christ Episcopal Church in Alameda, California. The envelope was postmarked October 26, 1955, but somehow never reached the church. It apparently remained lost within the postal system for 71 years. Then, on August 20, 2026, it was returned to the church marked return to sender for an insufficient address.
Innovative space experiments have focused on how fabrics can effectively manage astronaut sweat and heat during missions. These studies revealed distinct challenges unique to microgravity. Findings from the SpaceTex experiment are paving the way for next-generation astronaut apparel. Furthermore, this cutting-edge fabric technology is inspiring new designs in athletic wear, benefiting those in high-demand professions on Earth as well.
Grammy-winning rapper JAY-Z built a vast empire beyond music. His early $2 million Uber investment grew significantly in value. He also founded Roc Nation and acquired the streaming service TIDAL. JAY-Z's philanthropic efforts include the Shawn Carter Foundation. He is recognized as the first hip-hop artist to achieve billionaire status.
Powerful Quote of the Day by Chanakya: Chanakya reveals a stark truth about honesty. It can render one vulnerable. Just as the tallest trees are the first to fall, honest individuals risk being exploited. His teachings encourage a tempered approach to honesty, where wisdom lies in discerning the right time to express truths and when to hold back. Establishing boundaries and exercising discretion are essential to safeguard oneself from undue exploitation.

30 C