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The Economic Times

National / The Economic Times

Trump calls Congress to prioritise 'Reconciliation 3.0' with $350 bln defence fund

Donald Trump has called for Congress to prioritize Reconciliation 3.0 upon their return. This proposal includes $350 billion for defense funding and the Save America Act. Trump stated the US military is currently at its strongest point. He believes these measures are essential for national security and future generations. Swift passage of these acts is requested by the former president.

7 Jul 2026 10:42 am
Judgment day for Prince Harry in his final tabloid privacy battle against Daily Mail

The courtroom drama surrounding Prince Harry's privacy lawsuit against the Daily Mail publisher reaches its climax today. Accusations of unlawful information gathering from him and fellow celebrities hang in the balance as the court deliberates on the substantial damages requested. This decision could reverberate throughout the royal family, particularly after Harry's successful legal outcomes against rival tabloids.

7 Jul 2026 10:35 am
Pune rain today (July 7): IMD orange alert in effect as 5 die in rain-related incidents in two days; Pune records 264.8 mm rain in 6 days, landslides and flooding trigger emergencies

Pune rain news: Pune is likely to receive heavy rainfall on Tuesday as the IMD has sounded an orange alert. Heavy rains continue to batter Pune and nearby areas, causing multiple tragedies. Five people have died in separate rain-related incidents over the past two days. Pune schools in seven talukas are shut today amid an orange alert issued by IMD. The district has already received more than a month's rain in less than a week.

7 Jul 2026 10:27 am
Delhi-NCR weather alert: Rain, thunderstorms and gusty winds likely across Delhi, Noida, Gurugram and Ghaziabad today; IMD predicts relief from extreme heat. Check full forecast for 7 days

Delhi, Noida, Gurugram, Ghaziabad rain today: Delhi-NCR anticipates pleasant weather with light to moderate rainfall and thunderstorms. The India Meteorological Department has issued a yellow alert for the region. Temperatures will remain between 35 and 37 degrees Celsius for Delhi. Monsoon activity is expected to continue across Noida and Gurugram throughout the week. Ghaziabad will also experience frequent spells of rain and thunderstorms.

7 Jul 2026 9:57 am
Quote of the day by Khalil Gibran: 'Ever has it been that love knows not its own depth until the hour of...' - The world renowned Lebanese-American writers timeless lesson on the true value of love

Quote of the day by Khalil Gibran: Khalil Gibran, a beloved Lebanese-American writer, explored universal themes of life and love. His famous quote highlights how separation reveals love's true depth and strength. Gibran's works, including 'The Prophet', continue to inspire millions worldwide. He encouraged compassion, self-awareness, and cherishing relationships throughout life.

7 Jul 2026 9:51 am
Congress opposes Hindu members on Madhya Pradesh Waqf Board, plans Supreme Court challenge

Madhya Pradesh reorganised its Waqf Board, adding two Hindu members to the ten-member committee. Congress leaders have criticised this move, calling it inappropriate and vowing to challenge it. Ruling BJP leaders defended the decision, stating the board is not solely for mosques. The Waqf Board chief affirmed the reconstitution followed all legal provisions. This move marks the first state-level Waqf Board to appoint Hindu members.

7 Jul 2026 9:41 am
'30 minutes of horror': Gir lion attacks man in Gujarat, traps him for nearly half an hour; video goes viral

A lioness attacked a man in Gujarat's Bhavnagar district, which has gone viral online. The man survived the prolonged ordeal with serious injuries after rescuers arrived. Recent lion attacks have killed two people, prompting public concern and protests. Forest officials have captured many lions, which wildlife experts find concerning. Experts advocate for scientific approaches to manage the escalating human-lion conflict.

7 Jul 2026 9:38 am
Ram Temple trust clears former secretary Champat Rai of wrongdoing

The Shri Ram Janmabhoomi Teerth Kshetra Trust found no wrongdoing by former General Secretary Champat Rai. All gold and silver donations made to the Ram Temple are safe and fully accounted for. Keshav Mohan has been appointed in place of Champat Rai to oversee the Trust's functioning. This follows a preliminary SIT report alleging security lapses and theft in the donation counting room.

7 Jul 2026 9:36 am
PM Modi accorded Guard of Honour in Jakarta ahead of crucial bilateral talks

Prime Minister Modi received a ceremonial Guard of Honour in Jakarta on Tuesday. He held comprehensive bilateral discussions with Indonesian President Prabowo Subianto. The visit aims to strengthen the Comprehensive Strategic Partnership between the two nations. Discussions will focus on defence, maritime coordination, and critical minerals. This engagement follows India's Act East Policy and MAHASAGAR Vision.

7 Jul 2026 9:32 am
Odisha SIR draft electoral roll: Ganjam records highest voter deletions, Malkangiri sees steepest 10.25% decline

SIR Odisha: Odisha's draft electoral roll reveals over twenty lakh electors removed. Ganjam district saw the highest number of deletions, while Malkangiri experienced a steep decline. This large-scale revision has prompted political debate and calls for greater transparency. Eligible voters can submit claims and objections until August fourth. The final electoral roll is scheduled for publication on September sixth.

7 Jul 2026 9:20 am
Sridhar Vembu highlights rising number of Indian engineers in rural Japan amid shrinking population

Zoho founder Sridhar Vembu observed Indian engineers working in rural Japan. These engineers are addressing talent shortages in regions with shrinking populations. Vembu visited Wakayama prefecture, noting advanced industries thrive outside major cities. He saw global manufacturers operating successfully in remote rural locations. This experience reinforced his belief in rural industry potential.

7 Jul 2026 8:55 am
NATO allies seek to win over Trump after Iran ire as US Prez heads to Turkey

NATO allies will showcase surging defence spending at a summit in Turkey's capital Ankara on Tuesday as they hope to placate US President Donald Trump after his fury over Europe's response to the war with Iran. The two-day gathering at Turkey's sprawling presidential palace comes a year after NATO members pledged to ramp up security-related spending to five percent of GDP under pressure from the US leader.

7 Jul 2026 8:45 am
Gujarat High Court to pronounce verdict today in 2008 Ahmedabad serial blasts case

The Gujarat High Court will deliver its verdict on the 2008 Ahmedabad serial blast case. This terror attack claimed fifty-six lives and injured over two hundred people. Meanwhile, a separate investigation into the Delhi Red Fort blast case is ongoing. The National Investigation Agency has filed a forensic report and charge sheets in this matter. Accused individuals remain in judicial custody as the legal proceedings continue.

7 Jul 2026 8:44 am
Ram temple donation theft accused Avinash Shukla spent Rs 19 lakh on friends, family

An accused in the Ram temple donation case admitted spending nineteen lakh rupees. He gave six lakh rupees for a brother's wedding and five lakh to another. A car worth three and a half lakh rupees was also purchased and recovered. Investigators are examining land and bank accounts for transferred funds. Legal proceedings are underway to recover the embezzled money.

7 Jul 2026 8:38 am
Quote of the Day by Beyonc Knowles: 'Make sure you have your own life before becoming someone's wife' Meaning and life lesson

Global music icon Beyonce Knowles's quote emphasizes building an independent life before marriage. This timeless advice encourages self-growth and financial independence for women. It highlights the importance of personal dreams and ambitions before commitment. Beyonce's words promote emotional maturity and equality in partnerships. Her message continues to resonate with millions across generations today.

7 Jul 2026 8:36 am
One dead, several affected in Odisha as incessant rain hits normal life, sparks flood fears

A two-year-old girl died and several others were affected by heavy rainfall. Flood fears loom large for the Baitarani River as water levels rise. Many urban areas experienced water-logging, disrupting normal life and vehicular movement. Authorities have taken adequate measures and placed rescue teams at vulnerable locations. Educational institutions were closed in several districts due to the ongoing downpour.

7 Jul 2026 8:33 am
FIFA World Cup 2026 match: Belgium beats US 4-1 behind Charles De Ketelaere's brace

USA vs Belgium: Charles De Ketelaere scored twice and assisted once as Belgium defeated the United States 4-1. The Red Devils advanced to the quarterfinals after a convincing performance against the co-hosts. Belgium took a 2-1 halftime lead and extended it with a second-half goal. The U.S. goalkeeper's misplay led to Belgium's third goal, which De Ketelaere assisted. Romelu Lukaku added a fourth goal for Belgium in stoppage time.

7 Jul 2026 7:47 am
Rain Alert: IMD warns of cloudburst-like rainfall in Nashik; Odisha, Jharkhand and Himachal brace for heavy rain

Several Indian states are expected to experience intense rainfall and thunderstorms over the coming days. The India Meteorological Department has issued multiple weather alerts for regions including Maharashtra and Odisha. Heavy showers and gusty winds are forecast across Jharkhand for the next four days. Himachal Pradesh faces an orange alert for heavy to very heavy rainfall in key districts.

7 Jul 2026 7:40 am
US voices concern over China's intercontinental range missile test

The United States voiced concern over China's recent nuclear-capable missile test launch. Washington urged Beijing to engage in meaningful arms control discussions promptly. China stated the test launch was a routine annual naval training exercise. The PLA Navy mentioned notifying relevant countries about the strategic missile test. The United States remains steadfast in its defense commitments to allies.

7 Jul 2026 7:35 am
Storms kill at least 8 in China as Typhoon Bavi looms offshore

Severe thunderstorms and high winds have killed at least eight people in China's Hubei Province. Forecasters are warning of more torrential rain and tornadoes across several other regions. Extremely heavy rainfall is expected in Guangxi, Jiangsu, and Shandong provinces. These weather events threaten agricultural crops and raise economic loss concerns. China is also monitoring Super Typhoon Bavi approaching Taiwan.

7 Jul 2026 7:28 am
Massive fire breaks out at private company in Noida, no casualties

A significant fire erupted at a private company in Noida's Sector 88 early Tuesday morning. Firefighters responded promptly and successfully brought the extensive blaze under control. The fire engulfed both the ground and first floors of the closed company premises. No injuries or fatalities were reported due to the incident. Officials suspect a short circuit in an electrical panel caused the fire.

7 Jul 2026 7:28 am
Mumbai weather today latest updates: IMD issues Orange alert, schools shut, BMC urges residents to stay indoors

Mumbai faces an Orange Alert for heavy rain and gusty winds on Tuesday, July 7, 2026. Schools and colleges across the city will remain closed as a precautionary measure for student safety. Authorities urge citizens to avoid unnecessary travel and stay informed through official channels. Heavy showers previously lashed the city, causing disruptions to train services and affecting thousands.

7 Jul 2026 7:25 am
Death toll from Venezuela earthquakes rises to 3,535 as thousands remain displaced

Venezuela's twin earthquakes have claimed 3,535 lives and left thousands homeless. Nearly 18,000 people remain without shelter more than a week after the disaster. Official figures show 16,740 individuals sustained injuries from the powerful quakes. The government defends its response amid criticism of delays and inadequacy. United Nations aid operations continue to ramp up in affected areas.

7 Jul 2026 6:57 am
Last-gasp Merino strike gives Spain 1-0 win over Portugal in FIFA World Cup last 16

Spain secured a narrow 1-0 victory against Portugal in the ninety-first minute. Mikel Merino scored the decisive goal, breaking through a resilient Portuguese defense. This win propelled the Spanish team into the tournament's quarter-final stage. The defeat marked the end of Cristiano Ronaldo's final World Cup appearance. Spain now awaits the winner of the United States versus Belgium match.

7 Jul 2026 6:55 am
Iran fires missiles at commercial ships in Strait of Hormuz: Report

Reports from Axios indicate that Iran has fired missiles at commercial ships navigating the crucial Strait of Hormuz. This aggressive action raises significant concerns about regional stability and international shipping routes, potentially escalating tensions in an already volatile area. The incident demands immediate attention and careful monitoring by global powers.

7 Jul 2026 6:48 am
Trump says there will either be a deal with Iran or US will 'finish the job'

US President Trump stated the United States will reach a deal or finish the job with Iran. Iran's Supreme National Security Council called Trump's threat delusional and spoke of respect. Indirect talks ended last week without public signs of progress toward peace. A 60-day ceasefire was intended to create space for diplomacy and revive talks. Iranians appeared defiant and united following the Supreme Leader's funeral.

7 Jul 2026 6:43 am
FIFA rejects Belgium challenge over Balogun eligibility, Trump hails red card U-turn

FIFA President Gianni Infantino defended the sport's disciplinary process amid international criticism. He stated FIFA's judicial bodies operate independently and autonomously from external influences. President Donald Trump praised FIFA's decision to suspend Folarin Balogun's World Cup red card ban. European football body UEFA expressed disbelief and called the decision unprecedented and unjustifiable. Critics argue FIFA's actions undermine confidence in its own disciplinary system.

7 Jul 2026 6:32 am
Best advice for life by Shinzo Abe: 'Politicians should be humble in the face of history. And whenever history is a matter of debate, it should be...' - former prime minister of Japan's inspiring lesson on why respecting experts leads to better decisions

Shinzo Abe quote today: Former Japanese Prime Minister Shinzo Abe stressed humility when facing history. He believed politicians should defer to historians and experts on debated matters. Abe's perspective highlights the importance of seeking knowledge from those with specialized understanding.

7 Jul 2026 2:55 am
The Economic Times 40 under Forty: High-powered jury to pick trailblazers of tomorrow

The Economic Times 40 under Forty competition is returning for its twelfth edition. A distinguished eleven-member jury will convene to select the honorees. This esteemed panel is led by Kiran Mazumdar-Shaw of Biocon Ltd. They will evaluate candidates from a large pool of over six hundred nominations. The jury will choose forty individuals for this prestigious recognition.

7 Jul 2026 1:39 am
Indian executives stepping into global leadership roles at major MNCs

Multinational companies are increasingly hiring India-based leaders for global responsibilities. India's growing strategic importance and deep leadership pool drive this significant trend. Global capability centers are evolving into innovation hubs, expanding leadership mandates. Executives now combine global, regional, and local responsibilities with substantial compensation packages. Technology, financial services, and healthcare sectors are seeing this leadership shift.

7 Jul 2026 1:36 am
Centre flags delay in Karnataka approvals for e-bus procurement

In a communication to the Karnataka government, the union heavy industries ministry said a tender for electric buses under the PM E-DRIVE scheme concluded last year but letters of award for the provisioned buses are yet to be issued by the state.

7 Jul 2026 1:33 am
Phrase of the Day: 'Break the ice'- The surprising story behind this everyday expression- meaning, history, and usage explained

The phrase 'break the ice' means easing social discomfort and starting conversations. This expression originated from ships clearing frozen waterways for safe passage. Today, it symbolizes removing emotional barriers between unfamiliar individuals. Various social situations benefit from this technique to foster comfort. Knowing how to 'break the ice' remains an important social skill.

7 Jul 2026 1:32 am
Psychology says people who like adventure activities and are always ready to feel the thrill aren't reckless: What this behavior really means?

Psychology says people who like adventure activities and are always ready to feel the thrill aren't always careless or irresponsible. Research suggests many thrill seekers enjoy challenging experiences because they seek new sensations, personal growth, learning, and excitement. Their behavior is often linked to personality traits, brain responses, and motivation. Understanding this pattern helps explain why some people enjoy adventure sports, travel, and new experiences while others prefer routi

7 Jul 2026 1:30 am
CCI moves SC against NCLAT order quashing penalty on Grasim

India's competition regulator is taking a stand by appealing to the Supreme Court over a tribunals recent decision that invalidated a 300-crore penalty against Grasim Industries. This penalty related to accusations of monopolistic behavior in the viscose staple fibre market. The tribunal mandated that Grasim be given an opportunity for defense, prompting the regulator to aim for the restoration of its previous decision against the company.

7 Jul 2026 1:28 am
Lockheed Martin to buy Ultra Maritime for $3.45 billion

Ultra Maritime will become a part of Lockheed's rotary and mission systems, which reported revenue of $17.3 billion in 2025 and employs 35,000 people worldwide. Sustained conflicts in Ukraine and the Middle East, and U.S. President Donald Trump's $1.5 trillion defense budget request for 2027 are driving up demand for weapons and military technology, pushing defense contractors to expand their capabilities.

7 Jul 2026 1:28 am
Congress' next release: Unity tests for brass

Congress leadership faces difficult tasks uniting party units for upcoming elections. Internal rifts in Punjab Congress create uncertainty about leadership and party unity. New appointments in Uttar Pradesh raise questions about alliance strategies with Samajwadi Party. Uttarakhand Congress struggles with internal divisions and a lack of mass leadership. The party's success hinges on Rahul Gandhi's approach to these critical challenges.

7 Jul 2026 1:26 am
Delhi HC: Centre asked to respond to Gymkhana Club eviction notice

The Delhi High Court has sought the government's response regarding a petition filed by Delhi Gymkhana Club members. The club and its staff association are challenging a show-cause notice for eviction from its Lutyens' Delhi premises. The court issued a notice to the central government and posted the matter for further hearing on July 28.

7 Jul 2026 1:23 am
Manipur: Minor among two injured in firing; houses deliberately set on fire

Fresh violence erupted in Manipur's Kangpokpi district on Sunday. Armed miscreants opened fire at Thingkhongjang village, injuring two people. A minor was among those injured and both were sent for specialized treatment. Civilian houses were deliberately set on fire during the attack. The district administration had assured villagers of their safety.

7 Jul 2026 1:03 am
French Proverb of the Day: You should never say Life lessons on regret, change, future, unpredictability and why life's greatest opportunities often come from unexpected places

French proverb, You should never say, Fountain, I will never drink your water! highlights the importance of humility, open-mindedness, and preparing for life's uncertainties. The saying reflects the idea that circumstances can change unexpectedly, making today's rejected place, or opportunity essential tomorrow. It suggests that people should avoid making absolute promises or burning bridges because the future is unpredictable. Instead, the proverb encourages flexibility, respect, and the wisdom

7 Jul 2026 1:02 am
Pakistan deputy PM Ishaq Dar faces heat over grandson's arrest in rape case

Pakistan's Deputy Prime Minister Ishaq Dar faces intense pressure for his removal. His grandson, Muhammad Raza Dar, was arrested for abduction and rape charges. Two foreign nationals were allegedly gang-raped in Lahore after being brought to Pakistan. Politicians are demanding Dar's immediate resignation due to the serious allegations. The Deputy Prime Minister has not yet issued a public statement.

7 Jul 2026 1:02 am