The Economic Times
Elections 2026Hyderabad / The Economic Times
Me & Francesca dont agree on everything but: Crowley announces Nov campaign trail with Hong
Goldman Sachs is set to acquire Neos Investments for nearly $2.25 billion. Neos manages approximately $30 billion across nineteen exchange-traded funds. The acquisition will boost Goldman's active ETF assets to $80 billion.
Daniel Freeman made history in 1863 when he became the first person to file a claim under the Homestead Act, taking 160 acres of land in Nebraska. A year later, his life took a personal turn when he began exchanging letters with Agnes Suiter, who had once been engaged to his brother James, a Civil War casualty. Their correspondence slowly grew into a romance, and the two married in 1865. Agnes moved to Nebraska, where they raised eight children and built a life on the homestead.
Two New Orleans students saw a problem hiding in plain sight: discarded glass had little practical recycling value in their city, while Louisiana's coast desperately needed material to rebuild eroding wetlands. Their solution was to crush unwanted bottles into sand and gravel through Glass Half Full, the recycling operation they founded. Millions of pounds of glass have since been diverted from landfills, with the recycled material finding uses beyond ordinary recycling.
Iran and the United States remain divided over ending the Gulf war permanently. Talks to revive an interim deal agreed in June have seen no progress. New attacks on shipping in the region have further dampened hopes for resolution. The Strait of Hormuz, a vital waterway, remains a point of contention between the two nations. Both sides have intensified their rhetoric regarding the ongoing conflict and its potential outcomes.
Quote of the day by Oscar Wilde: Man is least himself when he talks in his own person. Give him a mask, and he will tell you the truth. Explore the deeper meaning behind this powerful quote by Oscar Wilde and discover how the Irish writers timeless observation explores honesty, identity, human nature, vulnerability and the surprising ways people reveal their true selves.
DFC turning into piggybank for President: Meeks rips DFC CEO over Trump, Lutnicks mining deal
Cancel Thanksgiving: Progressive dream crushed as Crowley defeats Francesca Hong in Wisconsin
Western North America's lakes are facing alarming water scarcity due to an extensive megadrought combined with significant water diversion. Notably, Lake Mead and Lake Powell have dwindled to just a small portion of their prior sizes. Similarly, the Great Salt Lake and Walker Lake have experienced drastic reductions in their water levels. The future for these crucial water bodies is fraught with challenges as they struggle to recover and stabilize.
Astronauts on the International Space Station experience sixteen sunrises daily. They follow a strict twenty-four-hour schedule, ignoring the rapid orbital cycles. Internal body clocks can mismatch with the external environment, affecting sleep patterns. Artificial lighting helps regulate astronauts' sleep and wakefulness cycles.
A parasite enters fish through gills and replaces their tongues. This isopod, Cymothoa exigua, attaches to the tongue stump and functions as a new tongue. Juvenile isopods mature as males and some later become female, which is biologically determined. Fishing pressure can worsen the impact of these mouth parasites on fish populations. These unsettling parasites are found in ordinary fish markets and kitchens worldwide.
The Congo Ebola outbreak is projected to exceed the 2014-2016 West African epidemic. This outbreak is currently the fastest-growing in recorded history. Health authorities believe the outbreak began months earlier than initially declared. Experts note challenges in tracking and managing the disease due to conflict and poor infrastructure. The World Health Organization anticipates the outbreak's peak within six months, with a longer duration possible.
Global investors TPG and Temasek sold nearly thirteen percent of Dr Agarwals Health Care. They collectively offloaded over four crore equity shares for two thousand eight crore rupees. Several mutual funds and investment firms purchased a significant stake in the eye care chain. This stake sale occurred after the company reported strong quarterly financial results. Dr Agarwals Health Care shares saw a decline following the large block deal.
10 Unique Baby Names For Little Ones Inspired By Zodiac Signs
A Maumelle High School football player in Arkansas got a terrifying surprise when he discovered a 2-foot cottonmouth hiding inside his helmet. The venomous snake, known for its dangerous bite, had reportedly been inside the headgear for nearly an hour before animal control officers safely removed it.
Quote of the Day by Katharine Hepburn: Katharine Hepburns quote, If you need a helping hand, you can find one at the end of your arm, explores the importance of self-reliance, personal strength, and taking responsibility for your own actions. The quote suggests that people often have the ability to help themselves by using their own determination, confidence, and resources rather than always waiting for assistance from others.
Navy Chief Admiral Krishna Swaminathan met Mauritian Prime Minister Navinchandra Ramgoolam. They discussed strengthening maritime security cooperation and training exchanges between nations. The Admiral assured full support for Mauritius's coast guard capability enhancement efforts. Discussions also focused on joint surveillance and expanding operational linkages. This visit reinforces India's vision for regional maritime security and growth.
India and the Southern African Customs Union have commenced discussions by signing Terms of Reference for a trade agreement. Expected to finalize within a few months, this preferential trade pact is designed to enhance bilateral trade significantly. India plays a pivotal role as a key supplier to SACU nations across a range of industrial sectors, promising to cultivate stronger economic ties throughout Africa.
Indian Railways has launched two new train services and is extending several existing routes. The new daily services, Kasganj-Aishbagh Express and Valsad-Surat MEMU, will enhance connectivity. Additionally, the Varanasi City-Gorakhpur Express will now reach Nepalganj Road, thus improving travel options for passengers across various states and fostering greater convenience and accessibility.
NCERT faces over half its sanctioned posts vacant, impacting its key educational roles. CBSE also has 44 percent of its positions unfilled, a significant concern. This major shortage of permanent staff risks the safety and quality of national board exams. The parliamentary committee urged fast-track recruitment to fill these critical vacancies. Urgent attention is needed to address these staff shortages at both bodies.
Bank of America will invest up to $1.9 billion in Jio Credit. This significant foreign investment aims to acquire nearly fifty percent of the lending subsidiary. The transaction will provide substantial capital for Jio Credit's expansion plans. It will combine Jio's digital network with Bank of America's financial expertise. This partnership seeks to enhance credit access for all Indians.
Oracle is said to be planning additional job cuts this month, following a substantial reduction in its workforce in the previous fiscal year. Meanwhile, wider trends indicate that while AI is reshaping jobs rather than simply removing them, investment in AI is simultaneously generating new employment opportunities across diverse sectors. The influence of technology on the labor landscape continues to evolve in a complex manner.
An Air India pilot on sleep medication tested positive for marijuana after an incident. The aircraft rapidly lost altitude, injuring seventeen passengers on its flight. The pilot reported sleep difficulties and personal circumstances affecting his rest. Aviation experts stated prescribed sleep medication would not detect THC. The incident is now under investigation by the Air Accident Investigation Bureau.
The Central Government has approved Vibrant Villages Programme-II with a Rs 6,839 crore outlay. This initiative will focus on the comprehensive development of 1,954 select border villages. The programme covers villages across seventeen states and union territories. A High-Powered Committee will facilitate the effective implementation of this new programme. This scheme aims to address unique challenges faced by these border communities.
Irish proverb of the day: The timeless Irish proverb, An unpractised craft is an enemy (Is namhaid ceird gan chleachtadh), reminds us that talent without ongoing dedication becomes a burden rather than a blessing. It warns that neglected skills degrade over time, undermining our confidence and professional progress. True mastery demands regular exercise, continuous refinement, and steady personal discipline. By honoring our abilities through daily action, we turn potential into a powerful engine
A CJP spokesperson alleged police visited his family's home in Puducherry. He claimed the visit was an act of intimidation by the government. Puducherry police stated the visit was a routine security exercise. They denied any harassment or intimidation of the family members. The spokesperson vowed the action would not silence his advocacy efforts.
California anticipates a dangerous winter with record coastal sea levels. A rapidly strengthening El Nio threatens increased flooding and erosion along the shoreline. Higher seas could combine with large waves and winter storms for greater pressure. Beaches may lose their sand buffer, exposing infrastructure to powerful surf. Warmer Pacific waters also risk marine heatwaves and harmful algal blooms.
Japanese proverb of the day: Understanding our own flaws enables us to accept the imperfections of those around us. Acknowledging that everyone is fallible is a fundamental aspect of human nature. This Japanese saying advocates for cultivating empathy in our connections with others.
The Karnataka government has green-lit eighty-three industrial projects that amount to an impressive six thousand two hundred fifty-three crore rupees. These initiatives cover essential sectors such as aerospace, defence, and food processing throughout the state. With sixty-nine projects located outside Bengaluru, the plan aims for a more distributed industrial growth. Key investments feature integrated industrial parks and facilities for sugar and ethanol production, enhancing overall economic
Choosing a baby girl name can be exciting, and names starting with B offer many options. Popular choices like Brooklyn and Bella have distinct origins and meanings for parents. Unique names such as Briony and Blythe provide less common yet beautiful selections for newborns. Classic and vintage names like Barbara and Bonnie offer timeless appeal and historical connections.
OpenAI reportedly has an internal friction email that allows employees to flag workplace problems and bureaucratic bottlenecks, with serious issues potentially reaching CEO Sam Altman or President Greg Brockman. The unusual system also has a surprising connection to Jeff Bezos and Amazons famous escalation practice.
A Gen-Z tiranga rally occurred in Kathua, Jammu, with students honoring the national flag. Families of martyrs and fitness groups also joined the procession through the town. Police organized a tiranga bike rally in R S Pura, which proceeded towards the international border. A vibrant raft rally on the Chenab river was also held in Reasi district. These initiatives aimed to strengthen public partnership and encourage youth participation in celebrations.
Bank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accounts. Bank credit growth also accelerated to its fastest pace since June 2024. This surge was driven by corporate demand and MSME lending programs. India garnered nearly $41 billion in total inflows by July 31.
Nebius shares jumped nearly 22% after the AI cloud provider beat revenue estimates, driven by surging infrastructure demand, larger contracts and higher prices. Core AI cloud revenue increased sixfold, while major customer deals and capacity commitments highlighted strong future growth.
The Reserve Bank of India is harmonizing interest rate determination methods for regulated entities. New guidelines will define internal benchmarks and loan pricing components for banks. Floating rate loans will have benchmark resets not exceeding three months. Existing loans must migrate to the new framework by April 2029. These draft guidelines are open for public comment until September 11.
JSW Dulux reported strong June quarter volume growth and expects demand to continue. The company targets double-digit volume growth for the remainder of fiscal year twenty twenty-seven. Premium products are driving growth, with the company aiming for market share expansion. Manufacturing synergies are being implemented after the acquisition by JSW Group. Raw material costs remain a focus, with potential calibrated price increases considered.
BJP President Nitin Nabin accused opposition parties of avoiding parliamentary discussions on student protests. He stated they fear Home Minister Amit Shah's factual arguments which leave them speechless. The opposition's attitude throughout the session exposed their anarchic and anti-democratic thinking. They initially demanded youth issue discussions but later backed out when prepared.
India weather forecast August 13: On August 13th, India is bracing for extensive rainfall and thunderstorms due to a low-pressure system forming over the Bay of Bengal, which is expected to strengthen as it moves inland. Regions such as Odisha and West Bengal could see significant downpours, while northern and central parts of the country will also face severe weather. Residents are urged to stay informed through local weather updates.
In 2018, entrepreneur Brent Underwood spent millions to buy Cerro Gordo, an abandoned California mining town. What began as a bold investment soon became an unexpected adventure when he moved there during the COVID-19 pandemic. Surrounded by historic buildings, old mine shafts and reminders of the towns violent past.
Walter Strauss was sentenced to prison in New Jersey in the 1960s after a drug conviction, but his time behind bars set him on an unexpected path. He began studying law, helped other inmates with their cases and continued his education after release. Years later, despite the barriers created by his criminal record, Strauss became a lawyer and eventually a New York Housing Court judge.
Kia India plans to expand its manufacturing capacity to meet future demand. The automaker targets annual sales of 410,000 vehicles by the year 2030. Kia will introduce ten new vehicles, with eight being electrified models. The company is also expanding its network into smaller Indian cities. This expansion aims to serve both domestic customers and increase exports.
Indel Money plans to raise up to Rs 500 crore through a public issue of non-convertible debentures. The issue will open on August 18 and close on August 31, with an option for early closure. Proceeds will fund onward lending, refinancing existing debt, and general corporate purposes.
Hoekstra petition: The Pete Hoekstra petition has gathered nearly 30,000 signatures from Canadians calling on the government to declare the US ambassador persona non grata and seek his removal. The petition is expected to be presented in Parliament, putting fresh focus on Hoekstra and Canada-US diplomatic relations. The phrase persona non grata is a diplomatic term meaning that a country has declared a foreign diplomat unwelcome.
Indian markets extended losses as Tata Group stocks tumbled following N Chandrasekarans Tata Sons exit, while crude nearing $90 heightened inflation concerns. Sensex fell 188 points and Nifty declined 36 points, with PSU banks and metals outperforming broader market weakness.
CoreWeave and Super Micro have seen their stock prices soar to new heights amid a rising tide of demand for AI infrastructure. CoreWeave has updated its expectations for annual revenue and operating profit, signaling strong market confidence. Similarly, Super Micro's projections for 2027 revenue exceed Wall Street estimates, reflecting robust investment in AI servers and computing capabilities.
Bank of America is making headlines with its planned acquisition of a substantial 26.5 percent interest in Jio Credit. This deal, involving a preferential allotment of equity shares and warrants, could see its stake grow to 49.9 percent. The investment signifies Bank of America's commitment to strengthening its foothold in India's financial landscape, utilizing local knowledge for enhanced market development.
West Bengal Chief Minister Suvendu Adhikari ordered police to arrest individuals posting derogatory remarks about Netaji Subhas Chandra Bose. He stated the law applies equally to all, including elected officials and government employees. The Chief Minister also announced the establishment of 'Netaji Subhas Chandra Bose Seva Kendras' across constituencies. These centers will help MLAs connect with local people and feature Netaji's image.

26 C