The Economic Times
Elections 2026National / The Economic Times
US preparing for a surprise ground offensive like Venezuela in Iran, and how to get $10 million reward for info on Iran new Supreme Leader Mojtaba Khamenei? The US is sending 2,500 Marines and naval ships to the Middle East while offering a reward for intelligence on Iranian leaders.
Social Security rule for retirees explained: A new law, the Social Security Fairness Act, is boosting benefits for public sector workers. This change removes penalties for those with pensions from jobs not paying into Social Security. Millions are already receiving retroactive payments. Retirees with public pensions should check their Social Security accounts for potential extra money in 2026.
Cuba has embarked on a pivotal conversation with the U.S. government, as President Miguel Diaz-Canel has announced that their talks are focused on mending strained relations. Amidst a critical economic downturn highlighted by frequent power outages and fuel shortages, Cuba is striving for greater energy self-sufficiency.
Why is silver price down by 3.3% and gold by 0.5%, and will precious metals continue to drop or rise again? Gold and silver prices moved lower this week as the dollar gained strength and interest rate cut expectations weakened due to inflation data and geopolitical tensions.
Indian exporters navigate the complexities of European Union regulations, which pose considerable hurdles. Fortunately, the RoDTEP scheme has emerged as a beacon of hope, granting significant relief to over 110,000 exporters.
Social Security Taxes 2026: Over 67 million Americans receive Social Security benefits, yet many retirees do not know up to 85% of their Social Security income can be taxed in 2026. The IRS uses a formula called combined income to decide the taxable share. If income crosses $34,000 for singles or $44,000 for couples, taxes apply. Rising COLA increases, interest income, and retirement withdrawals are quietly pushing more retirees above these long-frozen IRS thresholds.
After nearly two weeks of war, 2,000 people have been killed, most of them in Iran, but many also in Lebanon and a growing number in the Gulf, which has for the first time in decades of Middle East conflicts found itself on the front line. Several million people have been displaced from their homes. As Israeli warplanes pounded Beirut's suburbs with air strikes, Lebanon's interior minister said authorities were unable to accommodate the hundreds of thousands of people who have sought refuge in t
India's trade pact with the U.S. stands firm, safeguarding critical areas such as agriculture and dairy. This collaboration promises mutual advantages, enhancing technology access while propelling India towards its goal of becoming a global data hub. Additionally, the India-UK free trade agreement is anticipated to launch within a month, following a quick ratification by the UK Parliament.
Under the programme, Haryana will expand its air-quality monitoring network and develop a decision-support system to improve the use of data in pollution management and policy formulation.The programme also aims to mobilise about $127 million in private capital for investments across sectors such as transport, energy and industry.
Prime Minister Narendra Modi, addressing a programme in Guwahati, criticized Congress for spreading rumors amidst global economic crises. He highlighted the BJP government's efforts to strengthen India's energy infrastructure and reduce fuel dependence, alongside significant farm support and subsidies to shield farmers from international shocks.
Matthew McConaughey's perspective highlights that life is a continuous journey of commas, not definitive periods. His philosophy emphasizes ongoing growth, learning from experiences, and embracing new opportunities rather than viewing events as final endings. This outlook encourages a forward-moving approach to life's unfolding narrative.
Following an attack on Farooq Abdullah, the Union Home Ministry will review security protocols for all VIPs under central cover. Chaired by Amit Shah, the meeting included top security officials and comes as assembly elections approach in five states. The review also considered threats from the Middle East conflict.
Up to $1,330 checks for 460,000 families could come from Washingtons proposed millionaires tax bill. The plan adds a 9.9% tax on income above $1 million. Lawmakers say the tax could raise $3.5$4 billion yearly. That money would expand the Working Families Tax Credit and cut sales taxes on essentials. Supporters say the Robin Hood tax plan helps middle-class families. Critics warn the Washington income tax proposal may face constitutional challenges.
M.P. Ahammad, Chairman, Malabar Group, has been honoured with the prestigious Business Bhushan Award at the Lokmat Maharashtrian of the Year Awards 2026, in recognition of his visionary leadership and pivotal role in transforming the global jewellery retail landscape and society at large.
With great pride, the Ashmolean Museum has repatriated a 16th-century bronze idol back to its homeland, India. This significant gesture shines a spotlight on countless other Indian idols residing in foreign institutions, raising awareness around the pressing issue of cultural heritage rights.
In the stark expanses of Kutch, the Charans flourished as cultural stewards and powerful mediators of tradition. These elite bards wove tales of lineage and lore, wielding their lyrical prowess to affirm the legitimacy of rulers and ensure the enforcement of solemn agreements through divine oaths.
Iran war Indian casualties: These latest casualties brought the total number of Indian fatalities in the West Asia conflict to five. While the strike in Oman marked the first deaths on land, three Indian sailors have previously been killed in attacks on merchant vessels since the conflict erupted on February 28.
In a significant move for exporters, India's government has rolled out more than Rs 15,700 crore through the RoDTEP initiative this year, benefitting over 1.11 lakh businesses.
Book of the Day: Barbara Kingsolvers storytelling reminds readers that history is not just shaped by governments and leaders but also by the lives of ordinary families navigating unfamiliar worlds.
Quote of the day by Alistair MacLean: Renowned thriller author Alistair MacLean's powerful quote, To all things an end. To every night a dawn, offers enduring hope and resilience. His words remind us that even the longest nights eventually yield to a new day, a message deeply rooted in his own wartime experiences and prolific writing career.
India and the UK, on July 24 last year, signed the Comprehensive Economic and Trade Agreement (CETA) under which 99 per cent of Indian exports will enter the British market at zero duty, while tariffs on British products, such as cars and whisky, will be reduced in India.
India's imports from China are slowing, with exports growing faster this fiscal year. The government highlighted reduced dependency on Chinese imports in sectors like mobile phones, while also detailing non-tariff barriers faced by Indian exporters to the EU and the benefits of the RoDTEP scheme.
Americans Could Receive $3,000 Check: About 938 U.S. billionaires could fund a major relief plan. Under a new bill from Bernie Sanders and Ro Khanna, Americans could receive a $3,000 check through a 5% billionaire wealth tax. The proposal targets households earning $150,000 or less. A family of four could receive $12,000. Lawmakers estimate $4.4 trillion in revenue over 10 years. The bill aims to reduce wealth inequality while supporting healthcare, childcare, and housing programs.
Rahul Gandhi boldly proclaimed that Prime Minister Narendra Modi is psychologically out of the game, sharply critiquing the administration for its lack of gains from the interim trade deal with the US. He committed to initiating a caste census with the Congress party, ensuring representation for Dalits, Adivasis, backward classes, and minorities in the governance of India.
Cathie Wood Oil Price Forecast: Oil markets jumped nearly 50% during the Strait of Hormuz crisis, with WTI crude touching almost $120 before easing. Yet Cathie Wood warns the long-term outlook could flip. She says electric vehicles, autonomous mobility, and falling oil demand may push crude prices toward $50 per barrel in the next decade. Short-term war shocks lift prices. But technology could reshape global energy markets and trigger a deeper oil price decline.
IRS tax update 2026:Millions of Americans filing taxes will find the IRS's updated online withholding estimator crucial. Reflecting recent tax law changes, including new deductions and credits for workers and seniors, the tool helps adjust paycheck deductions. This aims to prevent unexpected tax bills and ensure taxpayers keep more of their earnings throughout the year.
The United States and India are close to finalizing a critical minerals agreement. A significant announcement is anticipated in the coming months. This pact aims to secure supply chains for advanced manufacturing and emerging technologies. The US envoy highlighted recent breakthroughs in trade, technology, and strategic coordination, underscoring a growing partnership.
A hardware business owner challenges the popular 'hustle culture'. Despite earning more than their previous job, they miss the structured environment and professional interactions. The entrepreneur finds dealing with uneducated suppliers and unpredictable behavior mentally exhausting. They suggest that for some, a traditional job offers a better quality of life than entrepreneurship.
Loquacious describes someone who talks a lot, sometimes so much that they dominate conversations. Unlike casual words like chatty or talkative, it often hints at eloquence or even overwhelming speech. Loquacious people can keep discussions flowing, but they may unintentionally overshadow others. Whether in social, professional, or literary contexts, loquacious is a versatile word worth adding to your arsenal.
Iran is coordinating special flights for around 180 Indian sailors, mainly departing from Kochi. Tragically, this mission also includes returning the remains of those lost when a US submarine sank their vessel near Sri Lanka. This comes in light of the unfortunate incident with the Iranian frigate IRIS Dena.
Madan Thangavelu, a senior director at Uber, achieved a remarkable promotion from senior software engineer to senior director in just six years. He attributes his rapid ascent to proactively taking on responsibilities beyond his role, building strong relationships with managers, and understanding the critical importance of timing when presenting innovative ideas to the organization.
Temptation Island Season 10 will once again centre on four couples who travel to a tropical destination to test the strength of their relationships. As part of the experiment, the partners are separated and placed in villas with a group of singles whose presence is meant to challenge their commitment, pushing participants to confront insecurities and questions about their relationships.
Quote of the day by Lin Yutang: Lin Yutang's quote emphasizes the importance of recognizing personal limitations for self-awareness and growth. Understanding what one cannot do guides choices, conserves energy, and fosters realistic goals, ultimately leading to greater fulfillment and success. This perspective encourages humility and better collaboration by acknowledging boundaries.
In January, American job openings surged to nearly 7 million, yet the actual pace of hiring has noticeably dwindled. This paradox points toward a hiring recession in the United States. Although layoffs remain low, job seekers are encountering hurdles. Factors such as elevated interest rates, uncertain policies, and the impact of artificial intelligence are shaping the labor market landscape.
Life stinks, but that doesn't mean you don't enjoy it the quote by Dustin Hoffman reflects a realistic yet optimistic view of life. Hoffman, an acclaimed actor popular for movies like The Graduate, Kramer vs. Kramer, and Rain Man, suggests that life includes both struggles and joyful moments. His words remind us that challenges, disappointments, and setbacks are unavoidable parts of the human experience. However, they should not prevent people from appreciating happiness, relationships, and pers
President Donald Trump said Friday he feels honored to be killing Iran's leadership, calling them deranged scumbags. We have unparalleled firepower, unlimited ammunition, and plenty of time -- Watch what happens to these deranged scumbags today, Trump posted on Truth Social.
A CAG report reveals the Namami Gange program failed in Uttarakhand. Implementing agencies showed major flaws. Sewage treatment plants had defective designs and poor maintenance. Drains discharging into the Ganga were not tapped. Waste was dumped near rivers. Funds were underutilized. Local communities were not involved. This led to infrastructure not being used.
Two weeks into Operation Epic Fury, the US faces a financially punishing war against Iran. Billions are being spent on advanced munitions, depleting stockpiles and prompting a request for tens of billions more. The high cost of precision weapons and the imbalance with cheaper Iranian drones present a significant economic challenge.

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