The Economic Times
Elections 2026Global Business / The Economic Times
Today's Quote of the Day by Lewis Carroll shares a powerful reminder about courage, choices, and lifes missed opportunities. His famous words, In the end, we only regret the chances we didnt take, inspire us to move beyond fear. This timeless wisdom encourages personal growth, bold decisions, and a life filled with meaningful experiences.
Finance Minister Nirmala Sitharaman called on the Income Tax Department to embrace a more taxpayer-friendly attitude. She highlighted the importance of differentiating between honest errors and deliberate tax fraud. Sitharaman encouraged officials to exercise their enforcement powers with a sense of humility and restraint, reminding them that their role now focuses on equity, especially with the upcoming Income Tax Act, 2025 aimed at simplifying regulations.
Chinese proverb of the day explains how people often change their behavior based on another person's financial status. The saying shows that poverty can lead to isolation, while wealth attracts attention from friends, relatives, and acquaintances. The proverb explores human nature, self-interest, fake relationships, humility, and true human connection. Its message remains relevant in modern society and encourages people to value genuine relationships over material success.
Japanese Proverb of the Day highlights the meaning of Check seven times before doubting someone. The saying reflects the importance of careful judgment, patience, and understanding before forming opinions about others. It suggests that doubts and assumptions can often be influenced by incomplete information, emotions, or misunderstandings. The proverb encourages people to examine facts, consider different perspectives, and avoid making quick conclusions about someones actions or intentions. It r
India and Romania are set to deepen their partnership, with cooperation expected to expand in areas such as drone technology, aerospace, defence manufacturing and industrial collaboration, the Ministry of External Affairs (MEA) said on Friday following President Droupadi Murmu's State Visit to Romania from July 23-25.
Quote of the day by Zac Efron: Actor Zac Efron believes honesty is crucial for maintaining strong relationships. He states that open communication and truthfulness build essential trust between people. While disagreements are normal, avoiding difficult feelings creates distance.
Chinese Proverb of the Day highlights the meaning of Those who just want speed don't succeed. The saying reflects the importance of patience, careful planning, and steady progress rather than chasing immediate results. It suggests that people who focus only on achieving things quickly may overlook the learning, preparation, and persistence required for lasting success. The proverb reminds us that meaningful achievements often come through consistent effort, discipline, and allowing time for grow
Psychology says people who like to end their day with a sweet aren't always eating dessert because they are hungry. Psychology suggests this habit can be linked to comfort, routine, reward, emotional balance, and stress relief. Many people use small evening treats to mark the end of a busy day. Understanding this behavior can help people build healthier habits while maintaining a balanced relationship with food and emotions.
The surveillance system, they said, is not meant for ordinary protesters, but to identify wanted criminals, absconders, history-sheeters and Bad Characters (BCs) who may try to infiltrate the protest and disturb law and order.
Heavy rainfall is forecast across India over the next few days. Gujarat expects the heaviest showers, while Rajasthan will also see significant rain. Delhi-NCR and northeastern states will experience widespread showers with thunderstorms. Active monsoon conditions are attributed to a low-pressure area and cyclonic circulations. Residents in vulnerable areas should remain alert for potential disruptions.
India's trade with Britain is projected to hit USD 115 billion by 2030, promising the creation of approximately 700,000 to 1 million jobs. To thrive in this evolving landscape, Indian businesses need to focus on competitiveness and quality assurance. Moreover, improving the ease of doing business and boosting infrastructure investments are critical for success, particularly in the engineering goods sector, which is poised for significant growth and innovative opportunities.
A devotee died from suffocation while pulling Goddess Subhadra's chariot during the Bahuda Yatra festival. The 57-year-old man, Abhiram Das, collapsed and was rushed to the hospital. He had pre-existing hypertension and died during treatment, according to health officials. This incident brings the Rath Yatra death toll in Puri to three people. The Chief Minister announced a compensation of ten lakh rupees for the deceased's family.
Yemen is nearing a renewed conflict as Houthi attacks escalate. Saudi infrastructure and shipping have faced recent Houthi targeting. Mediation efforts are struggling amid growing pessimism for resolution. The Houthis and Iran are increasing pressure on Saudi Arabia and the United States. Saudi frustration builds, potentially leading to a costly delayed war.
Maharashtra has declared a dry day across several cities on Saturday, July 25. Alcohol sales will be prohibited in liquor shops, bars, and restaurants on this day. Devshayani Ekadashi, also known as Ashadhi Ekadashi, is a significant Hindu religious festival. This day marks the beginning of Lord Vishnu's celestial rest and is observed with prayers. The festival is closely linked to the annual pilgrimage to Pandharpur in Maharashtra.
Activist Sonam Wangchuk has ended his 26-day hunger strike, having received commitments from the government. His wife, Gitanjali J Angmo, reached out for public compassion during this challenging time. Wangchuks fast resulted in a sharp loss of eleven kilograms, and he is now recovering at Medanta Hospital's intensive care unit. The government has agreed to consider changes in examination policies and possible compensation for students impacted by the situation.
Quote of the day by Elizabeth Olsen: Elizabeth Olsen believes true confidence stems from knowing you do not have to figure everything out alone. She finds healthy confidence by knowing others will support and teach you valuable lessons. Being open to learning means listening and asking questions from those around you.
Premium coffee is becoming a lifestyle symbol across India. Consumer expectations are shifting towards quality and personalized experiences. Tier-2 and Tier-3 cities are now driving significant industry growth. Technology is transforming coffee businesses for better efficiency and consistency. This evolving market presents both opportunities and challenges for businesses.
The United States has imposed new sanctions on nine firms and four individuals. These entities are linked to Iranian financier Babak Zanjani and his operations. They are being targeted for their efforts to evade existing American sanctions. Zanjani's conglomerate, Dot One, and associated companies in Turkey and UAE are affected. These actions aim to cut off economic access for Iranian regime elites and facilitators.
Reiterating the party's longstanding demand, Abdullah urged the Central government to honour its repeated commitments by introducing and passing the statehood restoration bill during the ongoing session.
Quote of the day by Mel Gibson reminds people that progress begins with action. The quote explains that avoiding risks often leads to no change in life. It encourages people to move beyond their comfort zone, accept failure as part of learning, and keep trying despite uncertainty. The message remains useful for students, professionals, entrepreneurs, and anyone working toward personal growth, career success, and meaningful life changes.
Quote of the Day by Matthew McConaughey: Matthew McConaugheys quote, My rule is to break one sweat a day, explores the importance of consistency, discipline, and making fitness a daily habit. The quote suggests that regular physical activity, even through small efforts, can improve overall health, strength, and mental well-being without requiring extreme routines or unrealistic goals. It highlights the idea that staying active is not just about appearance but about building a healthier lifestyle
Quote of the day by Voltaire: Voltaire, an Enlightenment thinker, urged people to dare to think for themselves. He believed independent thinking requires questioning assumptions and forming personal judgments. This courage allows individuals to live more honestly and develop their own understanding.
India continued their impressive start in the Commonwealth Games Lawn Bowls Women's Pairs event by defeating South Africa 2-0 (6-4, 7-5) to register their second successive win. The Indian duo of Rupa Rani Tirkey and Pinki Singh now lead Section B after following up their opening victory over Malta with another dominant performance. Both players were part of India's historic Women's Fours gold medal-winning team at the 2022 Birmingham Commonwealth Games.
Delhi anticipates cloudy skies and light rain on Saturday, according to the India Meteorological Department. Strong surface winds will accompany the rainfall throughout the day and into the night. Temperatures remained below normal on Friday, with the maximum settling at 34.6 degrees Celsius. Several areas recorded light rainfall in the 24 hours ending Friday morning. The city's air quality remained satisfactory with an AQI recorded at 70.
Quote of the day by Roy T. Bennett: Roy T. Bennett suggests success involves making a positive difference in the world. This perspective shifts focus from personal advancement to contributing positively to others. Financial security and career achievements are natural desires for many people.
Jupiter in Leo reminds everyone that confidence grows through action. The more courage you show, the more opportunities you're likely to attract. With Jupiter remaining in Leo until July 2027, there's plenty of time to embrace change and create the future you've been hoping for.
Speaking at an international conference organised by the Supreme Court and the Ministry of External Affairs to commemorate the 60th anniversary of the United Nations Commission on International Trade Law (UNCITRAL), the CJI lauded its efforts in shaping the legal architecture upon which contemporary international trade now rests.
India, Pakistan, Sri Lanka and Bangladesh have been handed a direct entry into the men's knockouts of the Asian Games cricket after the draw was announced. Bangladesh will take on China, Sri Lanka clash with Malaysia, and Pakistan play Thailand.
Pakistan is exploring ways to revive stalled US-Iran talks following a push by China, with exploratory discussions held during Iranian Interior Minister Eskandar Momeni's visit to Islamabad. While Pakistan is seeking to mediate amid rising regional tensions, officials say a halt in attacks on Saudi Arabia and other Gulf states is a precondition for any negotiations to resume.
A potential super El Nio, combined with elevated energy prices, could push global inflation higher next year, with emerging markets facing the biggest impact, according to a JPMorgan report. The bank estimates that a strong El Nio could significantly raise food prices, and when coupled with higher fuel and fertiliser costs, could add 0.3 percentage points to global inflation in 2027.
Quote of the Day by Salma Hayek: Salma Hayeks quote, I'm not a skinny girl. I push it. I'm at the limit of chubbiness at all times, but I'm happy at all times, explores the importance of body confidence, self-acceptance, and finding happiness beyond societys expectations of beauty. The quote suggests that true confidence comes from embracing who you are, maintaining a positive mindset, and valuing personal happiness rather than allowing unrealistic standards to define your self-worth.
A deal between the United States and Saudi Arabia to equip the kingdom with a civilian nuclear programme has provoked a flood of questions about the risks of nuclear proliferation. If Riyadh had wanted to just have US backing for a civilian program, it would have done so years ago... the goal is to get US support for a deal that doesn't fully exclude a pathway to a weapons program, analyst Michael Horowitz wrote, in a post on X. US Secretary of State Marco Rubio has stressed there are safeguards
A Houthi spokesman said Friday that the rebels were not blocking traffic through the strategic Bab al-Mandeb Strait, after they declared a maritime embargo this week on their foe Saudi Arabia. Despite the Houthi threats and course changes, traffic continues in the Bab el-Mandeb Strait, which has been key to Saudi exports after passage through Hormuz became fraught.
West Bengal has formed a committee to review its school curriculum and textbooks. This panel will align educational materials with NEP 2020 and new national frameworks. The committee will also examine evaluation systems and teacher training practices. It aims to promote conceptual learning and reduce student academic stress. A preliminary report is expected within two months of the committee's first meeting.
Heavy rains in Gujarat triggered massive rescue operations by the Army, Coast Guard, NDRF and SDRF, evacuating over 40,500 people and rescuing 2,637 more, with five deaths reported across Tapi, Valsad, Anand, Mehsana and Panchmahal districts.
In Nagaland, rescue operations are in full swing as the region grapples with rain-induced landslides. Over 180 individuals stranded due to the natural calamity are being airlifted, while the Indian Air Force has successfully evacuated 148 people from the districts of Mon and Longleng. Relief materials are being distributed across the affected areas alongside financial assistance, as officials closely monitor the ongoing monsoon and work towards restoring vital services.
Japanese proverb of the day highlights the importance of remaining true to your real self regardless of circumstances. The Okinawan saying teaches people to protect their core values, maintain self-awareness, avoid self-deception and preserve inner integrity. The proverb explains that outside situations may change, but personal character should remain steady. Its message continues to guide people in relationships, work, personal growth and everyday life.
Life lesson by Magic Johnson: Magic Johnson's quote emphasizes pursuing dreams and not letting others' doubts limit potential. He believes motivation and consistent effort can achieve any life goal. Many realize too late they feared failure and others' expectations. Johnson's message highlights that action must follow belief in a dream.
African Proverb of the Day teaches a timeless life lesson that feels especially relevant today. Success should never erase your memory of struggle. Every achievement began with obstacles, failure, and uncertainty. This powerful African proverb reminds us to respect people still chasing their goals. Real wisdom grows through empathy, humility, and patience.
A manager in China has been fired after his 4.5 crore salary became publicly known, per SCMP. Tencent dismissed the employee, identified as Ye, from its WeChat division after his multimillion-yuan bonus leaked online. He was terminated for sharing sensitive internal information externally and has been permanently barred from rehire. Tencent has intensified compliance efforts, dismissing over 90 employees in 2025.
Kapil Sibal criticised Delhi University and Jawaharlal Nehru University for advising students to stay away from Jantar Mantar protests over the NEET paper leak, calling the directives hreatening and warning of legal action if they are not withdrawn. He also assured students of legal support if they participate peacefully and face action by the authorities.

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