The Economic Times

Karnataka is finalising a comprehensive Data Centre Policy to support AI and next-generation computing infrastructure. The policy aims to create digital infrastructure for AI-led innovation and complement the state's broader AI vision. Discussions at the GCC summit focused on AI, talent, and digital infrastructure development. The state plans to establish India's first public sector-led AI University and a world-class AI Hub.

India experienced a significant current account deficit of $2 billion in May 2026, primarily driven by a surge in merchandise imports that greatly expanded the trade deficit from the previous year. Although net services exports remained stable and net transfers bolstered the economy somewhat, the month saw considerable outflows in foreign portfolio investments, leading to an overall balance of payments deficit and a reduction in foreign exchange reserves.

The broadside came hours after veteran TMC MLA Madan Mitra formally joined the dissident camp led by Leader of Opposition Ritabrata Banerjee, adding to the escalating rebellion against the Mamata Banerjee-Abhishek Banerjee leadership. Mondal is already a part of the rebel group.

Weather tomorrow, July 16: The India Meteorological Department issued warnings for heavy to very heavy rainfall across several Indian states. Odisha faces a red warning due to a low-pressure area forming over the Bay of Bengal. Heavy rainfall is also likely in Himachal Pradesh and Shimla, as per IMD. Delhi-NCR anticipates cloudy skies with a possibility of very light rain.

Quote of the day by James Taylor: James Taylor's quote highlights addiction's grip on life and its uncontrollable nature. This message remains relevant as unhealthy habits can gradually take over personal freedom. Taylor's words encourage readers to recognize the importance of self-awareness and healthier paths.

Psychology suggests that familiar passwords often feel safer simply because they have worked without causing problems in the past. Over time, repeated success can create a false sense of security, making people less likely to recognize the potential risks of continuing to use the same password.

Quote of the Day by Liam Neeson: Liam Neeson's quote, You think your life is going one way and then suddenly, you're on another track, reflects the unpredictable nature of life and the importance of embracing change. The quote suggests that while people often make careful plans for their future, unexpected events can redirect their journey in surprising ways. Rather than fearing these sudden shifts, it encourages accepting life's uncertainties with resilience, flexibility, and hope, recognizing

Quote of the Day by Toni Morrison: Toni Morrison's quote challenges the notion that love is inherently good. She asserts that love's nature mirrors the character of the person giving it. Wicked people love wickedly, and violent people love violently, she explains. A free person's love is unpredictable and cannot be possessed or controlled. Morrison urges readers to examine their own character before judging others.

Lost Dog Syndrome can turn a joyful reunion into an emotional adjustment. After surviving alone, many dogs return home anxious, quiet, or unsure of familiar people and places. With patience, gentle routines, reassurance, and a veterinary checkup, most dogs gradually regain confidence, rebuild trust, and begin to feel safe and happy at home again.

In a notable pivot, Warren Buffett is now directing his stock donations from Berkshire Hathaway to his children's charitable foundations. He acknowledged that Bill Gates' controversial relationship with Jeffrey Epstein played a role in his choice. Accelerating his wealth distribution strategy, Buffett aims to complete this endeavor by 2034, with his children overseeing the substantial charitable contributions. This signifies a significant evolution in his philanthropic vision.

India's Permanent Representative to the United Nations (UN), Ambassador Harish Pravathaneni made these remarks while addressing the plenary segment of the High-Level Meeting on Critical Energy Transition Minerals.

School Assembly News Headlines July 16: India and the UK finalized a significant trade agreement, granting India zero-duty access for nearly all its exports. The United States conducted new airstrikes against Iranian coastal defense systems on Greater Tunb Island. The International Cricket Council announced substantial format changes for upcoming men's World Cup tournaments. England and Argentina are set to compete in the second FIFA World Cup 2026 semifinal match.

US producer prices unexpectedly fell in June, showing inflation was retreating. Wholesale goods prices declined significantly, driven by lower energy product costs. Consumer prices also dropped, slowing the annual inflation rate considerably. Financial markets anticipate the Federal Reserve will hold interest rates steady this month.

Quote of the day by Vince Lombardi: Vince Lombardi emphasized that leaders are made through persistent hard work and dedication. He believed worthwhile goals require significant effort and unwavering commitment from everyone. Qualities of a great leader develop over time through experience and discipline.

Quote of the day by Napoleon Hill is a timeless reminder that ideas are among humanity's greatest resources. Creative thinking, lifelong learning, perseverance, and purposeful action have transformed civilizations and continue to shape the future. By believing in our potential, nurturing curiosity, embracing challenges, and turning ideas into meaningful action, we unlock possibilities far more valuable than any precious metal. The greatest wealth is not buried beneath the groundit is created wit

A 66-year-old woman with minimal retirement savings sought advice from Dave Ramsey. Ramsey outlined a disciplined plan to help her build a stable retirement nest egg. This plan involves saving for a down payment and buying a modest home. The couple will continue investing fifteen percent of their income for retirement. This strategy offers hope for a manageable retirement with a paid-off home.

Gautam Adani has categorically denied any involvement with a deal related to the dismissal of criminal charges against him. He affirmed under oath that he was ignorant of any agreements surrounding this matter. The Justice Department explained that legal hurdles necessitated the charge dismissal. Furthermore, discussions between Adani's legal team and US officials focused on potential investments, which were later clarified as having no impact on the department's resolution.

India stated the UN Security Council's eighty-year-old structure is ill-equipped for current global challenges. The council's inability to intervene in conflicts has eroded public perception of the UN. India advocates for reforming global institutions to reflect contemporary realities and needs. The international financial architecture must also evolve to serve developing countries' priorities.

Quote of the Day Robert Baden-Powell offers a timeless life lesson about compassion, purpose, and genuine success. It reminds us that true fulfillment comes from serving others with kindness, empathy, and generosity. By offering encouragement, practicing gratitude, showing respect, and performing simple acts of kindness each day, we not only improve the lives of those around us but also enrich our own. In the end, the happiest people are often those who have devoted themselves to helping others

Japanese Proverb of the Day: The more the rice ripens, the more the stalks bow. The Japanese Proverb draws its power from an ordinary scene in a rice field. Farmers have watched for generations that mature rice plants naturally bend under the weight of their grain, while immature plants remain standing tall.

Quote of the day by Alicia Keys: Alicia Keys emphasizes the importance of personal reflection and private thoughts. She believes individuals need a quiet space for self-understanding and emotional processing. This personal space fosters self-awareness and supports healthy relationships built on trust.

Quote of the Day by Josh Billings offers a timeless life advice guide for developing healthier relationships and a more fulfilling life. By choosing gratitude over jealousy, empathy over criticism, and encouragement over comparison, we cultivate emotional maturity and lasting happiness. The way we choose to see others ultimately shapes how we experience our own lives. When we learn to look through the telescope of love instead of the microscope of envy, we discover a world filled with greater co

India and the United Kingdom's CETA agreement officially began on Wednesday. First commercial shipments valued at over USD 446,000 were flagged off from Chennai. These inaugural consignments represented diverse sectors including jewellery and automotive components. Agricultural and processed food products were also part of the significant export shipment.

Quote of the day by Jacob Bernoulli: Jacob Bernoulli's quote highlights the limits of mathematical formulas in predicting future events. He believed that while probability offers insights, absolute certainty remains elusive for us. Bernoulli's message reminds us to balance knowledge with an awareness of life's uncertainties.

Agriculture Commissioner said widespread adoption of bio-inputs by India's nearly 14 crore farmers could generate annual demand of 2030 crore tonnes.

The Khasi Students' Union objected to a temple's construction on government land. They allege illegal construction violated land allotment purposes and served an ultimatum. KSU supporters locked the under-construction temple and demanded its demolition within one week. A KSU delegation met the CBI DIG to voice their strong objections. The union warned of further agitation if the structure is not removed promptly.

Many performers, educators, journalists, doctors, content creators, and other professionals appear on camera because clear communication is part of their work, not because they have an inflated sense of self. The context behind being on camera is often far more meaningful than the simple fact that someone enjoys being in front of a lens.

Mamata Banerjee defended her nephew Abhishek Banerjee against party defectors. She apologized to the public on behalf of the traitors. Banerjee stated neither she nor her family compromised for political survival. She alleged the BJP uses agencies to engineer defections and leaders defect out of fear. Those leaving are entering the BJP's washing machine after facing investigations.

Kia Syros EV unveiled: Kia India has unveiled its second electric vehicle, the Syros EV, for the Indian market. Pre-bookings are now open for the electric SUV, which offers two battery pack options. The vehicle boasts an ARAI-certified range of up to 526 kilometers on a single charge. Kia is also providing a lifetime high-voltage battery warranty and financing options.

The Election Commission has extended the schedule for Delhi's special intensive revision of electoral rolls. Draft electoral rolls will now be published on August 17, and the final list on October 19. House-to-house visits, initially ending July 29, will now continue until August 8. Delhi is part of Phase 3 of this nationwide revision process. This special intensive revision has seen frequent schedule adjustments.

Scientists reveal why cat moms and dads enjoy powerful health benefits beyond simple companionship. New research on cat ownership, pet health benefits, mental health, stress relief, heart health, and the human-animal bond suggests living with a cat may quietly improve everyday well-being. Experts say regular interaction with a trusted feline can support emotional balance, healthy routines, and long-term wellness.

Nobody wants to dig around in a bathroom drain. The good news is you really don't have to. These seven methods use things you probably already have at home, and not one of them requires you to put your hands anywhere near the drain.

Dear Passengers, a new co-op game, is gaining online attention for its chaotic airline simulation. Players manage a failing airline, dealing with crumbling aircraft and difficult passengers. The gameplay involves risky choices and unpredictable mid-air disasters for greater rewards. This title exemplifies the growing 'friendslop' trend of humorous, physics-based multiplayer games. Gamers eagerly anticipate playing this ridiculous and fun experience with their friends.

African Proverb of the Day highlights the meaning of If we fall back, can we complain that others are rushing forward? The saying emphasizes personal responsibility, initiative, and the importance of taking action instead of blaming others for getting ahead. It reminds us that progress comes from consistent effort, learning, and perseverance. Rather than comparing ourselves with those who are moving forward, the proverb encourages self-reflection, accountability, and a commitment to improving ou

Axar Patel entered the top-10 ODI all-rounder rankings after his strong performance. Shubman Gill gained rating points and is close to the top batting spot. Jasprit Bumrah returned to the 24th position in the bowling rankings. Washington Sundar also saw improvements in batting and all-rounder rankings. England's Joe Root and Liam Dawson also achieved batting rank promotions.

Alex Sunny, a 26-year-old American truck driver, is planning to move to Afghanistan soon. She claims she met her husband on Snapchat and they married recently and she has not seen him in two years. Sunny stated her husband cannot travel to the United States due to travel bans. Her viral videos on TikTok have sparked widespread debate and concern online.

Most Indian households squeeze a bit of nimbu on dal almost by instinct. Turns out, that habit is backed by solid science. Here is what that one small squeeze is actually doing for your health.

The India-UK free trade agreement begins today, offering zero-duty access for ninety-nine percent of Indian exports. This pact will unlock untapped potential across many labour-intensive industries and sectors. Indian professionals will also receive significant exemptions while working in the United Kingdom. Trade between the two nations is expected to double by the year 2030. This agreement is seen as a key step towards a developed India.

The Supreme Court deferred the Krishna Janmabhoomi-Shahi Idgah mosque dispute hearing. Hindu parties are currently engaged in discussions regarding their lead lawsuit. The court adjourned the matter until August 12 for further proceedings. This decision follows submissions about ongoing off-the-record talks between plaintiffs. Multiple petitions concerning the dispute are already before the top court.

Quote of the day by Martin Luther King Jr. is a timeless reminder that genuine strength is expressed through compassion, courage, and respect for human dignity. Martin Luther King Jr. 's words continue to inspire individuals to confront injustice peacefully while believing in the possibility of reconciliation and lasting change. By practicing empathy, choosing forgiveness, promoting fairness, and treating others with kindness, we contribute to a society where peace is not simply the absence of c

The International Cricket Council announced a new 2028 T20 World Cup format. This structure includes a Super 10 stage and an Eliminators round. Twelve teams have already secured automatic qualification for the tournament. Eight remaining places will be decided through a 16-team Global Qualifier. This revised format aims to expand opportunities for emerging teams.

Quote of the day by Hosea Ballou offers timeless wisdom for anyone seeking meaningful success. Pride in work inspires excellence, strengthens trust, encourages lifelong learning, and transforms ordinary tasks into opportunities for personal growth and service. By approaching every responsibility with integrity, attention to detail, and genuine commitment, individuals not only improve their professional lives but also make lasting contributions to those around them. True success is not measured s