The Economic Times
Elections 2026National / The Economic Times
Ankur Warikoo course business closure: Indian entrepreneur Ankur Warikoo has surprised many by closing his successful online courses business. The venture reportedly earned over Rs 100 crore. Warikoo stated it no longer makes sense to continue. This announcement has led to widespread speculation online about his next move. Some believe it's a marketing tactic for a new venture.
India's exports touched a record USD 863 billion in FY26 despite global geopolitical tensions and disruptions in international trade, Commerce and Industry Minister Piyush Goyal said on Friday, asserting that the country remains on track to achieve its USD 2 trillion exports target by 2030.
Quote of the Day by Epictetus: Epictetus quote means that life events do not create a persons true character; they simply expose it. According to Stoic philosophy, every individual already has inner qualities such as courage, patience, anger, or resilience, but these traits become visible only when they are tested by real situations. In moments of comfort, people may appear strong or calm, but it is during hardship, failure, or stress that their true nature is revealed.
India's trade with BRICS nations shows strong growth. However, a widening trade deficit is a major concern. Imports from BRICS are rising faster than exports. Russia is a key import source. India aims to balance import dependencies and boost outbound shipments. The expanded BRICS bloc holds significant global influence.
After facing barrages of Iranian missiles that threatened its economic future, the UAE has moved closer to Israel, widening a split with ally-turned-rival Saudi Arabia and placing it in defiant opposition to Tehran. But its closer cooperation with Israel risks further antagonising Iran, which the UAE views as its biggest threat, and puts Abu Dhabi at even greater odds with Saudi Arabia, which along with much of the Gulf has come to see Israel as the region's main rogue actor.
To honor our most cherished pilgrims, the Shri Badrinath Kedarnath Temple Committee has introduced a priority darshan system for those aged over 70 and individuals with disabilities at the esteemed Badrinath and Kedarnath shrines. Each day features four distinct slots, accommodating up to 50 devotees per slot, ensuring a more personal and serene experience.
Spotify users across the world suddenly noticed something unusual this week. The familiar green Spotify logo looked different. A shiny disco ball icon replaced the classic design, triggering massive searches for Spotify new logo, Spotify disco ball icon, and why did Spotify change its logo. The change celebrates Spotifys 20th anniversary and its new Spotify 20 experience.
Mumbai Police have filed a case against former Yes Bank MD Rana Kapoor and others. The FIR alleges illegal transfer of mortgaged property worth Rs 1,000 crore. A loan was transferred without it being classified as a Non-Performing Asset. Properties were allegedly sold below market value. Investigations are ongoing.
A strong 6.3 magnitude earthquake shook northern Japan on Friday. The tremor occurred in Pacific waters off Miyagi prefecture. No tsunami warning was issued by the Japan Meteorological Agency. There were no immediate reports of damage. Nuclear power plants in Miyagi and Fukushima reported no abnormalities. Bullet train services were temporarily suspended.
The CBI has identified P.V. Kulkarni as the alleged kingpin behind the NEET-UG 2026 exam paper leak. Kulkarni, a chemistry lecturer, is accused of leaking questions to students through special coaching sessions. The agency has arrested seven individuals in connection with the leak. Investigations are ongoing to uncover the full extent of the conspiracy.
April marked a downturn in Indias trade relationship with West Asia, as both exports and imports experienced a staggering reduction of more than 28%. The unrest linked to the US-Iran situation has severely disrupted shipping operations, affecting vital trade channels. This decline particularly threatens major Indian sectors, including jewels and engineering products, as well as oil.
Indian meditation is gaining popularity worldwide. Major cities like London, New York, and Toronto are seeing more meditation programs. People are seeking ways to manage stress and anxiety from modern urban life. These practices, rooted in Indian traditions, offer balance and emotional well-being. Scientific research supports their benefits, making them a key part of global wellness conversations.
India saw a significant jump in gold imports in April, reaching USD 5.62 billion. This surge was driven by high prices. However, the government has sharply increased customs duty on gold and silver. This move is expected to lead to lower import volumes in the coming months. Silver imports also saw a substantial rise.
The tragic suicide of Ritik Mishra, a NEET aspirant in Uttar Pradesh, has ignited fierce debate across the nation. Rahul Gandhi has vehemently condemned the loss, describing it as a 'systematic murder' reflecting the failures of governance.
Cash on delivery continues to drive India's online shopping. Many first-time buyers, especially in smaller towns, prefer to pay after receiving goods. This method builds trust where digital payment familiarity is growing. Businesses are using data to manage COD risks. As digital literacy and logistics improve, prepaid orders will increase, but COD remains a key entry point for many.
Amazon Layoffs Hit Selling Partner Services: The latest Amazon layoffs are tied directly to the companys broader restructuring efforts. According to company statements, the layoffs will affect a small number of employees within the Selling Partner Services division. Amazon said it routinely reviews organizational structures to ensure teams remain aligned with long-term business goals and operational priorities.
A techie's interview for an AI/ML drone startup ended abruptly when the HR representative left the call after being asked about the company's revenue model. The candidate was initially offered a two-month unpaid internship, sparking debate about startup transparency and the fairness of such questions.
The new Kerala government cabinet is set for a swearing-in ceremony on Monday. Minister lists are expected to be finalised soon. UDF allies held a formal meeting in Thiruvananthapuram. Preparations for the Monday ceremony are underway. The full cabinet aims to take the oath on the same day. Details of the cabinet will be disclosed on Saturday.
A Hindu party has filed a caveat in the Supreme Court. This follows a Madhya Pradesh High Court ruling. The court declared the Bhojshala complex a temple for Goddess Saraswati. It also cancelled an ASI order from 2003. This order had permitted Muslims to offer prayers on Fridays. The Muslim community can seek land for a mosque.
Indian gems and jewellery exports saw a dip in April 2026. Geopolitical tensions and cautious buyer sentiment impacted trade. While cut and polished diamonds and plain gold jewellery faced pressure, silver, platinum, and studded gold jewellery showed strong growth. This performance reflects global economic headwinds and evolving consumer preferences.
African proverb of the day highlights the message that self-love is the highest form of love and the base of relationships, inner peace, and self respect. The proverb explains why valuing yourself shapes how others treat you. It also shows how personal well-being supports emotional balance and growth. This explainer shares the meaning, relevance, and lessons from inspiring African proverbs you should know today.
Quote of the Day by Bruce Lee highlights the powerful message behind his famous words: I'm not in this world to live up to your expectations and you're not in this world to live up to mine. The famous quote encourages individuality, emotional freedom, and authentic living instead of constantly seeking approval from others. Bruce Lee reminds people that every individual has their own journey, goals, and identity, and healthy relationships should be built on understanding rather than control.
Former R&AW Secretary Samant Goel has opposed reducing Prime Minister Narendra Modi's convoy and security, citing evolving threats like drones and sniper attacks. He emphasized that the Prime Minister's safety is a national interest and should be strengthened, not scaled down, especially given the volatile global security environment and ongoing threats from neighboring states.
The Comcast $117.5 million settlement has triggered a nationwide rush as millions of Americans now check eligibility for a possible $10,000 payout after the massive Comcast data breach. The cyberattack, linked to exposed customer records in October 2023, reportedly leaked usernames, passwords, Social Security details, birth dates, and private account recovery information. Now, consumers face a deeper reality about digital security and identity theft risks in Americas connected economy. Eligible
Chief Justice of India Surya Kant made strong remarks about unemployed youth. He compared them to cockroaches who later become activists. The Chief Justice also criticized a lawyer pursuing senior advocate status. He questioned the lawyer's conduct and suitability for the designation. The Supreme Court bench expressed concerns about the integrity of legal degrees. The lawyer eventually withdrew his petition.
Snakes and lizards often become more visible around homes during warmer months, especially near gardens and damp corners. These six outdoor plants, including lemongrass, marigold and tulsi, are commonly believed to naturally discourage reptiles while also making Indian home gardens greener, fresher and easier to maintain.
Iran expresses distrust in the United States, stating negotiations will only occur if Washington is serious. Talks to end the ongoing conflict are currently stalled. Iran allows passage through the Strait of Hormuz for vessels not at war with Tehran, provided they coordinate with its navy. The situation remains complex.
Friedrich Nietzsche believed that enduring conversation is the cornerstone of lasting marriage, surpassing fading passion and shifting circumstances. True love involves a partner who keeps your mind engaged and heart at ease, with healthy relationships built on mutual understanding, respect, and continuous curiosity rather than perfection.
A folk singer in Gujarat continued his performance amidst a massive cash shower from devotees. Gopal Sadhu was nearly buried under currency notes during a traditional Dayro event. The viral video shows his calm demeanor. Such cash showers are a tradition in Gujarat, often for community welfare. Similar incidents have gone viral before.
President Donald Trump concluded a visit to Beijing with trade deals. China will buy billions in US soybeans and 200 Boeing aircraft. Discussions also touched upon Taiwan and US sanctions on Chinese refiners. Trump will decide on easing these sanctions soon. The visit aimed to boost US manufacturing and jobs.
Former CIA analyst Larry Johnson revealed President Donald Trump inquired about using nuclear weapons. Chairman of the Joint Chiefs of Staff Dan Caine reportedly denied the request. Johnson stated Caine's firm refusal prevented nuclear action. Trump later publicly affirmed no nuclear weapons would be used. This discussion occurred amidst discussions on Iran's nuclear proposal.
Pete Davidson and Elsie Hewitt have ended their relationship only months after welcoming daughter Scottie Rose in December 2025, reports claim. Although neither Davidson nor Hewitt has publicly confirmed the breakup, sources claim the pair is now concentrating on co-parenting their daughter and maintaining stability for their child moving forward.
India's unemployment rate climbed to 5.2% in April, a six-month peak. Rural joblessness saw an increase, while urban unemployment eased to a year-low. Urban female unemployment declined significantly. Youth unemployment edged up, with a sharp rise for young women. Labour force participation and the worker population ratio also saw a slight decrease.
IAF Chief Air Chief Marshal A P Singh stated that drones are now claws in the sky, extending air power and emphasizing the need for complete domain awareness and coordination among services. He highlighted the evolving nature of aerial threats and the necessity for rapid innovation and adaptation in counter-UAS technology, stressing the importance of manned-unmanned teaming for future warfare.
India's foreign exchange reserves saw a significant increase. Reserves rose by over six billion US dollars in the week ending May 8. This surge brought the total reserves to nearly 700 billion US dollars. The rise was driven by increases in foreign currency assets and gold reserves. This marks a positive development for the country's financial standing.
The Supreme Court of India is adopting new measures to conserve fuel. All miscellaneous hearings will now be conducted via video-conferencing. Judges will car-pool to reduce travel. Registry staff can work from home up to two days a week on rotation. These changes aim to support the government's fuel conservation directive.
The Pentagon has canceled plans to temporarily deploy 4,000 U.S.-based troops to Poland, a decision that raises questions about President Trump's expected troop cuts in Europe. This move follows a recent announcement to withdraw 5,000 troops from Germany, with officials suggesting it's a logistical adjustment. Polish leadership received assurances that security would not be impacted.
The Indian Air Force has achieved self-reliance by overhauling the Indian Navy's MiG-29K ejection seat in Nashik. This task was previously done in Russia. This marks a significant step in defence manufacturing. Meanwhile, Defence Minister Rajnath Singh laid foundation stones for strategic aerospace and defence projects in Andhra Pradesh.
Fuel prices are rising again in India, but small driving habits can help reduce petrol expenses. From removing extra weight from your car to checking tyre pressure and using AC wisely, these six simple fuel-saving tips can help Indian drivers improve mileage and lower their monthly fuel bills.
Ishan Kishan s 1 cr reward: Bihar Chief Minister Samrat Choudhary honoured cricketer Ishan Kishan with a Rs 1 crore cheque for his contribution to Indias 2026 ICC T20 World Cup victory. The same day, Kishan was back in IPL action for Sunrisers Hyderabad, but Gujarat Titans fiery pace attack bundled SRH out for just 86 in Ahmedabad.
US President Donald Trump has not yet decided on a significant arms sale to Taiwan. This comes after his recent three-day visit to China. Beijing strongly opposes the deal, viewing Taiwan's relationship with Washington as crucial. Trump stated he heard Chinese President Xi Jinping's opposition to Taiwan's independence but made no comment on the matter.

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