The Economic Times
Elections 2026Global Business / The Economic Times
Panshul Bansal and Aryan Gupta jointly secured the top rank in the Re-NEET UG 2026 examination. Bansal stated the mandatory re-examination helped him improve his score significantly. Aryan Gupta attributed his success to consistent hard work and strong family support. Women candidates demonstrated a higher qualification rate in the re-examination. The National Testing Agency conducted the re-examination after the original exam's cancellation.
Quote of the day by Julia Roberts: Celebrated Hollywood actress Julia Roberts has captivated audiences for decades with her diverse roles. Her breakthrough role in 'Pretty Woman' launched her into international stardom and critical acclaim. Roberts later won an Academy Award for her powerful performance in 'Erin Brockovich'. She also actively supports humanitarian causes and maintains a private personal life.
US airstrikes on Friday appeared to collapse a surveillance tower at Iran's Chabahar port. This key trade route for Afghanistan has been a repeated target of American strikes. Iranian state media acknowledged a third round of strikes on the facility. They described the tower as overseeing commercial traffic into the port. Iran's Revolutionary Guard also operates at ports across the country.
President Trump declassified intelligence to support his election fraud claims. He has repeatedly claimed the 2020 elections were rigged. These claims push for a restrictive voter ID law called the SAVE America Act. Intelligence reports and independent studies have undercut several of his claims. The SAVE America Act faces challenges in the Senate.
Rohit Sharma's potential final ODI match looms at Lord's this Saturday. Speculation suggests selectors are preparing for a younger top order. Sharma redefined ODI opening with his unique blend of power and grace. He holds numerous batting records and captained India to major trophies. His career journey from humble beginnings to cricketing legend is extraordinary.
Light to moderate rainfall and thunderstorms are forecast for Telangana and Andhra Pradesh. Strong surface winds up to 50 kmph are also expected in several districts. Hyderabad, Visakhapatnam, and Warangal will see cloudy skies with rain on Friday. Authorities advise residents to monitor updates and avoid unnecessary travel during adverse weather. Preventive actions are being taken to manage potential disruptions from the weather.
Leaders of Opposition parties in the Rajya Sabha and Lok Sabha will meet on July 20 (Monday), the opening day of the Monsoon Session of Parliament, to chalk out a joint strategy for the session.
President Xi Jinping highlighted people-centered AI development at the World Artificial Intelligence Conference. He stressed China's commitment to equitable AI access for developing nations. This initiative aims to prevent new historical injustices in artificial intelligence. China plans international cooperation with African and BRICS countries.
Japan's parliament enacted a historic revision to its Imperial House Law on Friday. This law insists only paternal-lineage men can become emperor, sparking fears for the imperial family. The revisions allow adoption of distant male relatives to father future heirs. Princesses will also be allowed to keep their royal status after marrying commoners. This move aims to preserve the male-only succession rule despite a shrinking royal family.
Chicago's air quality has become hazardous due to Canadian wildfire smoke. This pollution has affected over 125 million people across the Midwest and Northeast. Health officials advise residents to stay indoors and minimize outdoor exposure. The smoke is expected to persist through Friday before gradually improving. Authorities recommend monitoring air quality updates until conditions normalize.
Chhattisgarh reported 196 worker deaths in industrial accidents over 17 months. The state government denied lax safety enforcement was the cause. BJP MLAs alleged negligence, citing specific fatal incidents and unsafe conditions. Minister Dewangan detailed accident investigations and actions taken by the department.
Pakistan hired a US lobbying firm to boost security cooperation and minerals investment. The two-year agreement aims to convert goodwill into tangible bilateral benefits for Pakistan. The firm will engage with Congress and government officials, including the Pentagon. Efforts focus on restoring defense dialogue and attracting investment in Pakistan's minerals sector. This initiative seeks to institutionalize the relationship beyond personal connections.
Save America Act What is it? A Republican-backed bill, the SAVE America Act, mandates citizenship proof for registration and photo ID for voting. This legislation has passed the House but faces Senate filibuster challenges and requires bipartisan support. Supporters claim it enhances election security and restores public confidence in the process. Critics argue it creates significant barriers for eligible voters and disproportionately affects certain demographics.
Luxembourg-based LetterOne appointed Rahul Mukim to lead its India investments. The firm plans a significant $2 billion investment program in India. Mukim previously led private equity for Ontario Teachers' Pension Plan in India. LetterOne will focus on healthcare and energy sectors for its investments. This move establishes an on-ground presence for the European firm in India.
The FBI captured Nitish Kaushal, an alleged associate of the Jaggu Bhagwanpuria Organized Crime Group, in Vermont. Kaushal was wanted by the FBI's Los Angeles field office for his alleged involvement in criminal activities. The Bhagwanpuria OCG is described as a transnational criminal organization involved in various illegal operations. This arrest follows a multinational law enforcement offensive targeting the syndicate's global operations.
PayPal's board considers a $53 billion takeover bid from Stripe and Advent International as undervalued. The company has not formally responded to the proposal from the consortium. Stripe and Advent have secured a $50 billion financing package for their offer. PayPal's board is evaluating the bid against its own turnaround strategy. Negotiations are expected to take time as both parties consider various factors.
Astronomers found a giant exoplanet, Beta Pictoris d, using Webb Telescope's spectroscopy. This planet was hidden within a dusty debris disk, making it hard to see. Its unique atmospheric chemical signature revealed its presence to scientists. This discovery marks a new method for finding planets around distant stars. Researchers will continue studying Beta Pictoris d for more atmospheric details.
Delhi anticipates a high of 40 degrees Celsius on Friday, remaining the hottest metro. Mumbai expects stable temperatures around 30 degrees Celsius throughout the day. Hyderabad's forecast shows a gradual temperature increase over the coming week. Pune and Kolkata will experience their own distinct city-specific weather patterns. Chennai and Ahmedabad also face varied temperature forecasts for the upcoming days.
President Donald Trump delivered a primetime address questioning election integrity. He also released previously classified documents concerning past elections. Some television networks chose not to air the speech live. Democrats expressed concerns about Trump delegitimizing upcoming midterm elections. Trump began his speech by listing his administration's accomplishments.
The Puri Rath Yatra concluded successfully despite continuous rain and adverse weather conditions. Around nine lakh devotees participated in the world-famous festival this year. Two devotees died, but not due to stampede or crowd management issues. Elaborate arrangements were made by the state government for devotee safety and convenience. All scheduled rituals were completed as per plan, ensuring a peaceful conclusion.
Quote of the Day by Friedrich Nietzsche: One must pay dearly for immortality; one has to die several times while still alive. These words have challenged readers for generations because they reveal a truth many avoid: lasting greatness demands change. Learn why this timeless quote on reinvention, courage, resilience, and inner strength feels more relevant today than ever before
President Donald Trump stated China compromised election data during the 2020 cycle. This alleged breach reportedly secured 220 million United States voter files. The White House described this data loss as an election security nightmare. This incident is believed to be the largest compromise of election data historically.
United States airstrikes on bridges intensified, escalating tensions with Iran. Iran launched new missile attacks against allied nations, and the interim ceasefire collapsed. The ongoing conflict for control of the Strait of Hormuz has caused significant casualties. Iranian officials warned of widespread attacks if the US interfered in the strait. The situation has led to soaring oil prices and increased regional instability.
The White House on Thursday (local time) said that US President Donald Trump certainly agrees with Vice President JD Vance's assertion that foreign countries, particularly Israel, seek to influence American public opinion, after Vance alleged that certain elements within the Israeli government were attempting to shape US opinion to prolong the conflict with Iran.
Tata Sons and the Shapoorji Pallonji Group are currently negotiating the monetization of a stake but are at an impasse concerning the transaction's structure and valuation. Among the options discussed is a share-swap deal. The SP Group is eyeing this opportunity to tackle its significant debt. Their recent refinancing attempts indicate a solid confidence level in the pledged Tata Sons shares.
Businesses in India are hopeful that the forthcoming trade agreement with the UK will foster innovation instead of sparking fierce competition. Popular British items, including Scotch whiskey and chocolates, are set to become more wallet-friendly for Indian shoppers. The implementation of reduced tariffs over ten years will lead to a gradual shift in pricing.
Investors are grappling with confusion when it comes to reporting GIFT City fund investments in their tax returns. Fund houses provide varying guidance on whether these should be categorized as foreign assets. While GIFT City falls under the foreign category per FEMA regulations, it's treated as a domestic entity for income tax.
Psychology says people who use only free version of antivirus aren't always ignoring online safety. Their choice can reflect how they evaluate value, trust technology, manage spending, and balance risks. Psychology explains that people often make decisions based on personal experiences, confidence, available information, and perceived needs. Understanding this behavior can help explain why many users continue relying on free antivirus software despite the availability of paid security solutions.
Quote of the day by Prince Philip reminds people that protecting the environment and society cannot be left only to future generations. His message calls for responsibility, sustainability, conservation, stewardship and timely action. Shared in 1970, the quote remains relevant as climate concerns and environmental challenges continue across the world. It encourages people to make responsible choices today so that future generations inherit a better and more sustainable world.
The French proverb little streams make great rivers teaches patience and perseverance. Small, consistent actions build towards remarkable achievements over time. Modern culture often overlooks the value of gradual progress and daily habits. This wisdom applies to learning, careers, health, and community building. Greatness grows quietly through countless ordinary moments and small choices.
Psychology says people who like to read a copy of a newspaper along with a cup of tea everyday in morning aren't following an outdated habit. Psychology suggests this routine may support focus, reduce stress, improve information processing, and create a stable start to the day. Reading a newspaper with tea can help people build consistency, stay informed, and prepare mentally for daily responsibilities while maintaining a regular morning routine.
Quote of the Day: Pope Francis' quote The emptier a persons heart is, the more he or she needs to buy, own, and consume highlights the link between inner emptiness and consumerism. He suggests true fulfillment comes from within, not possessions and the quote of the day encourages reflection on what truly brings happiness.
Proverb of the day: The Chinese proverb, All the past died yesterday; the future is born today, teaches people to let go of regrets, focus on the present, and shape the future through today's actions. The saying highlights mindfulness, personal growth, and fresh beginnings. It reminds readers that each new day offers another opportunity to learn, improve, and move forward instead of remaining trapped by yesterday's experiences.
Japanese mindset of the day: A Japanese proverb highlights love's ability to diminish perceived distance. Meaningful purpose transforms arduous journeys into rewarding experiences for individuals. Deep affection provides strength to overcome obstacles and travel further than expected. This mindset emphasizes how motivation influences our perception of challenges.
In a recent ruling, the Supreme Court recommended not to implement a third language requirement in class nine, advocating for its introduction starting in class six instead. This decision stems from concerns over the current academic pressure on students. Additionally, the court questioned Tamil Nadus stance against the creation of Navodaya schools. The hearing has been postponed to August eleventh for additional deliberation.
Parliament will consider the Foreign Contribution Amendment Bill and Income-tax Amendment Bill. A major MSME reform package will also be introduced for passage. This package aims to create a national digital platform for small businesses. Higher education reforms and birth registration law amendments are also planned. The Viksit Bharat Shiksha Adhishthan Bill will be taken up after a committee report.
BIMSTEC National Security Advisers convened to address crucial topics, including the fight against terrorism and organized crime. The agenda extended to cybersecurity, maritime concerns, and energy security, reflecting on their regional implications. Key discussions also highlighted the importance of connectivity improvements and disaster management. Ajit Doval underscored the importance of collective action for sustaining peace, aiming to reinforce collaboration in critical security sectors.
The financial burden for the Indus Waters Treaty proceedings rests entirely on Pakistan's shoulders, as India stepped away from these talks post the Pahalgam terror incident. The Permanent Court of Arbitration has recognized its jurisdiction over the case. To date, Pakistan has paid over $600,000 representing India's share. India's engagement in Neutral Expert proceedings extended until July 2025.
Uttar Pradesh Police informed the Supreme Court about no prosecution for Ajay Mishra and his son. This decision pertains to the alleged witness intimidation case linked to Lakhimpur Kheri. Only Amandeep Singh has been charge-sheeted by the police in this specific matter. The Supreme Court is currently monitoring the ongoing trial proceedings. The submission was made before a three-member bench headed by the Chief Justice.
Quote of the Day by Spencer Tracy: Spencer Tracys quote, Write anything you want about me. Make up something. Hell, I don't care, explores the importance of self-confidence, authenticity, and emotional strength. The quote suggests that people should not allow public opinions, criticism, or outside judgments to control their identity or self-worth. Instead, it highlights the value of staying true to oneself, accepting individuality, and finding confidence beyond the opinions of others.
The Income Tax Department now shows foreign asset details in annual statements. This move aims to improve voluntary tax compliance for eligible taxpayers. Information from over 100 jurisdictions is available through international sharing agreements. Taxpayers must still report all foreign assets and income, even if not listed. Emails and messages are being sent to inform taxpayers about this new facility.
QR code invention story: QR codes originated from manufacturing needs in the early 1990s. Existing barcodes struggled to store sufficient information for evolving production. Engineers at DENSO WAVE developed a compact, two-dimensional code for faster scanning. This new code offered greater data capacity and error correction for factory environments.

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