The Economic Times

Quote of the day by Clint Eastwood: Clint Eastwood's quote humorously critiques society's obsession with excessive safety, highlighting life's inherent uncertainty and the impossibility of preventing all mishaps. The legendary actor and director, known for his iconic roles and acclaimed films, encourages embracing imperfection and calculated risks rather than striving for absolute control.

Who will fund $400 million White House ballroom project, and who has filed a lawsuit against 90,000-square-foot building? The White House ballroom project has raised debate over private funding, legal challenges, design concerns, and security upgrades. The project includes a military complex beneath the ballroom, a lawsuit from a preservation group, and questions about approvals, cost increase, construction timeline, and the impact on the historic White House complex.

S&P 500, Nasdaq, Dow Jones today: Wall Street experienced a mixed close as tech stocks fell and oil prices surged, despite reassurances from Federal Reserve Chair Jerome Powell on stable inflation expectations. The S&P 500 marked its third straight loss, while the Nasdaq also declined, though the Dow managed modest gains amid rising market anxiety.

Hezbollah link Michigan synagogue attack: A Hezbollah-inspired terrorist attack targeted a Michigan synagogue, with the suspect driving a truck into the building and exchanging gunfire before taking his own life. The FBI stated the incident was planned and not random, with the suspect having connections to Hezbollah and acting under their direction.

Kid Rock helicopter video: The US Army is reviewing footage shared by Kid Rock showing an Apache attack helicopter flying unusually low near his Nashville home. The review will determine if flight regulations and airspace requirements were followed. The incident also sparked a political exchange between Kid Rock and California Governor Gavin Newsom.

Many people saving for retirement make a simple mistake by leaving money in cash instead of investing. This can slow growth and reduce future savings. Job changes and confusing rollover options add to the problem. Experts say checking accounts, combining funds, and using simple investment options can help avoid losses and improve long-term retirement planning.

Tensions are high in Manipur's Ukhrul and Kamjong districts following the alleged killing of four NSCN-IM cadres by a rival faction. In retaliation, an NSCN-IM office was torched. Naga organizations are demanding a transparent inquiry, while the Chief Minister urges peace and assures government action.

Crypto mortgage explained: Buying a home with crypto gains is becoming more feasible as regulators explore counting digital assets for mortgages. However, volatility remains a major hurdle, often necessitating conversion to cash. While stablecoins and crypto-backed loans offer alternatives, they have limitations. Tax implications also need careful consideration for crypto investors eyeing property.

Parliament saw a debate on tackling Left-Wing Extremism. Government members pointed to a significant reduction in violence. Opposition leaders urged caution, emphasizing the need for continued socio-economic development alongside security measures. They highlighted past efforts and called for a balanced approach to fully eradicate the issue.

The remarks from Mustafa Suleyman highlight a major shift in the AI landscape. As demand for real-time AI services grows, inference compute is becoming the key constraint. Companies like Microsoft are investing billions to stay ahead, creating a gap where only financially strong players can scale effectively.

Central security forces in Chhattisgarh will be gradually reduced over the next 18 months. The state has freed 96 percent of its areas from Maoist influence. Top Maoist leaders are no longer active in the region. The government will assist surrendered Maoists in reintegrating into their villages.

In absolute terms, the fiscal deficit between April 2025 and February 2026 stood at 12.53 lakh crore against 13.47 lakh crore a year ago. The government has pegged the 2025-26 fiscal deficit at 15.58 lakh crore.

JPMorgan Chase is pushing software engineers to use AI tools in daily work. The bank is linking AI usage to performance reviews and productivity goals. Managers expect developers to show better output with AI. Employees may be graded based on results and work style. Engineers who dont adopt AI risk lower ratings as companies increase focus on AI skills.

Bihar Chief Minister Nitish Kumar has resigned from the legislative council. This move clears the path for a new state government. The NDA is set to form the new government. A meeting of NDA leaders will discuss the cabinet formula. Sources indicate the next Chief Minister will be from the BJP. The process for government formation begins now.

South Korea has already imposed driving restrictions on civil servants, curbing how often they can access government buildings by car based on the last number of their licence plates. Expanding restrictions to the private sector would be the first such move since the 1991 Gulf War. It would also signal heightened concern over a looming energy shock for an economy that is a key player in global tech supply chains.

US President Donald Trump has issued a stern warning to Iran. He desires a deal before April 6. If Iran does not reopen the Strait of Hormuz, US forces may target its energy infrastructure. This includes power plants and oil wells. Iran has rejected US peace proposals.

Union Home Minister Amit Shah declared in Lok Sabha that India is now Naxal-free, with the movement's central structure dismantled and its Bastar stronghold largely cleared. He highlighted the significant reduction in Naxal violence, attributing the success to the government's firm resolve and the efforts of security forces and tribal communities.

Jammu and Kashmir Police and Punjab Police have busted a Pakistan-controlled terror module. Two Pakistani nationals, Abu Huraira and Usman, were detained in Malerkotla, Punjab. They allegedly belonged to the banned Lashkar-e-Taiba. The duo had been living in India for months, posing as Indian nationals. Investigations are ongoing into their alleged reconnaissance of targets and recruitment activities.

Tehran remained defiant in the month-old war, which began with U.S.-Israeli attacks on Iran on February 28 and has spread across the region, killing thousands, disrupting energy supplies and hitting the global economy. The majority of those reported killed were in Iran and Lebanon, and many were civilians.

India's Census 2027 begins April 1, rolling out in 11 states. This census will be fully digital for the first time. Phase one focuses on house listing and housing details. Phase two, scheduled for February 2027, will include population enumeration and the recording of caste information. Self-enumeration options are available to respondents.

Coins are often overlooked in daily life, yet some hold remarkable stories and surprising value. A notable example is a Lincoln Wheat Penny that sold for an estimated $840,000 in 2021 through Heritage Auctions. With fewer than 20 believed to exist, these coins are extremely rare. Simple checks like color, magnetism, date details, and weight can help identify them, but professional verification is essential for confirmation.

Angel Number Day on March 31, 2026, is being linked to themes of luck, self-expression, and fresh beginnings, with five zodiac signs expected to experience positive developments.

American soldiers are arriving in the Middle East. Thousands of troops from the 82nd Airborne Division are now in the region. This builds capacity for potential operations. President Donald Trump is considering various options. These include seizing Kharg Island or securing passage through the Strait of Hormuz. The U.S. has been conducting strikes since February 28.

Karnataka Deputy Chief Minister DK Shivakumar announced that the KSCA will provide three complimentary IPL tickets and two international event tickets to each MLA. He clarified that no one is compelled to accept these tickets and that the government's intervention in ticket distribution is minimal compared to other states.

A Russian photographer's photoshoot featuring a model on a pink-painted elephant in Jaipur has ignited widespread criticism across India. Concerns over animal welfare were amplified when it was confirmed the controversial concept was real, not digitally altered. The photographer defended the use of organic, festival-like powders, claiming permissions were obtained and the elephant was cared for.

Global energy chokepoints highlight India's need for mineral security. A new strategy focuses on deep partnerships in Africa. This involves technology transfer and capacity building. India can become a partner in governance and green industrialization. This approach secures critical minerals for India's clean economy. Engagement in Zambia, Zimbabwe, and Tanzania offers a roadmap.

The Reserve Bank of India should use its substantial foreign exchange reserves to stabilize the Indian Rupee. A report from SBI suggests this action is necessary as the ongoing West Asia crisis impacts global markets. The report highlights that India possesses ample reserves to manage speculative moves.

The International Monetary Fund warned that the Middle East war, initiated by U.S. and Israeli strikes on Iran, is causing significant global economic disruption. The conflict has led to tighter financial conditions and a historic shock to the oil market, with frontline countries and low-income nations facing particular risks of food insecurity and slower growth.

New SNAP rules are starting in some U.S. states this April. The changes limit buying sugary drinks, candy, and desserts with benefits. Texas begins first, while other states follow later. Millions of families may notice blocked items at checkout. Officials say it supports healthier food choices, but critics worry it may make shopping harder. More updates are expected as additional states implement rules.

Skywatchers are in for a celestial treat this week as the Pink Moon, the rare alignment of Moon and Spica, and the possible appearance of a comet tail combine to create one of Aprils most striking astronomical displays.

The Enforcement Directorate has returned assets valued at over Rs 15,000 crore to a special committee. This action aims to help investors recover funds lost in the PACL Ponzi scam. The fraud is estimated to be worth Rs 48,000 crore. This move is a significant step towards refunding victims. The ED is committed to recovering all proceeds of crime.

Americans in North Dakota have hours left to claim the $1,600 property tax credit before the April 1 deadline. This primary residence tax benefit can lower annual property bills and ease the rising cost of living. Homeowners in single-family homes, condos, duplexes, townhouses, and mobile homes are eligible if they live in the property most of the year. Trust-owned properties also qualify. Seniors and individuals with permanent disabilities may access extra credits. Applications must be submitte

The Enforcement Directorate has attached properties valued at over Rs 270 crore. This action is part of a money laundering investigation targeting Rajendra Lodha, former director of Lodha Developers. Lodha is accused of diverting and siphoning company funds through unauthorized property sales and inflated land purchase deals. He was arrested in February and is currently in judicial custody.

Congress leader Rahul Gandhi voiced his anticipation for Kerala to elect a woman chief minister. He highlighted Congress's commitment to women's empowerment and participation in the state's development. Guarantees include free KSRTC bus travel for women and financial aid for college students. Gandhi also participated in a bicycle ride with MLA Chandy Oommen during his campaign.

Replying to the debate in the Lok Sabha on 'Efforts to free the country from left-wing extremism (LWE)', Shah also alleged that Congress leader Rahul Gandhi was seen multiple times in public with sympathisers of Naxals and even posted videos sympathetic to the Maoists from his social media handle.

US President Donald Trump has threatened to completely obliterate Iran's Kharg Island, a vital oil export hub. Trump suggested the US could very easily take the island, which handles 90% of Iran's crude exports. Options for a US attack include airborne or amphibious assaults, but holding the island presents significant challenges.

The much-anticipated Harry Potter HBO series is already making headlines, not just for its casting and record-breaking trailer, but also for the cast paycheques, especially the young trio stepping into iconic roles.

Larry Fink leads BlackRock, the worlds biggest asset manager, and earns a huge yearly pay package. His compensation increased after a strong year for the company. The billionaire CEO also has growing influence in finance and crypto markets. Investors supported executive pay despite debate. With expansion plans and strong momentum, his earnings and wealth could increase further in coming years.

DMK President M.K. Stalin filed his nomination for the Kolathur constituency, declaring assets worth over Rs 6.26 crore. His affidavit revealed movable assets valued at Rs 3.30 crore and immovable assets at Rs 2.96 crore. Stalin reported an income of Rs 30.94 lakh for FY 2024-2025, with no criminal cases pending against him.

Prime Minister Narendra Modi spoke with Netherlands counterpart Rob Jetten. They discussed strengthening India-Netherlands relations. Cooperation in semiconductors, water projects, green hydrogen, and talent mobility was highlighted. Both leaders also exchanged views on the West Asia situation.

Kerala Chief Minister Pinarayi Vijayan has written to Prime Minister Narendra Modi regarding the Foreign Contribution (Regulation) Amendment Bill. He voiced concerns that certain clauses could impact institutions involved in education, healthcare, and welfare. Christian bodies in Kerala have also raised objections. BJP state president Rajeev Chandrasekhar assured that honest citizens and institutions have nothing to fear.

Opposition members staged a walkout in the Rajya Sabha after BJP leader K Laxman alleged that non-NDA ruled states are providing reservation to Muslims under the OBC quota, violating constitutional provisions. Laxman claimed this practice is detrimental to the interests of genuinely backward communities, a charge the opposition vehemently protested.

More than 300 US troops are injured in escalating conflict. Fresh reports confirm a US jet mangled by Iranian strike. The attack targeted Prince Sultan Air Base using missiles and drones. This was not a minor hit. It damaged a high-value E-3 Sentry. This aircraft controls air battles and tracks threats in real time. Experts call this loss critical. It creates serious surveillance gaps. It weakens rapid response capability. The Iran attack on US jet signals rising military risk. Tensions with Ira