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The Economic Times

National / The Economic Times

Bitcoin price crash after $126,000 peak: What triggered the drop and can BTC USD recover to new all-time highs? Here's what crypto traders need to know

Bitcoin (BTC USD) crash and recovery analysis: Bitcoin's rally to $126,000 in October 2025 faltered due to tariff shocks, liquidations, and ETF outflows, pushing prices down to $77,000. Recovery hinges on holding the $79,000-$80,000 zone, institutional demand, and a shift in monetary policy. Forecasts for a return to previous highs vary, with some expecting it by late 2026 or early 2027.

26 May 2026 1:54 am
Chinese Proverb of the Day: 'When three people walk together, there...'-Life lessons from the Analects of Confucius on humility, wisdom, lifelong learning, and why every person has something valuable to teach

A Chinese proverb teaches that in any group, there is someone to learn from. This wisdom emphasizes humility and continuous growth. It highlights that everyone possesses unique knowledge and experiences. This perspective fosters respect and understanding in all interactions. Embracing this idea leads to personal development and a richer understanding of the world around us.

26 May 2026 1:27 am
Quote of the Day by Legendary Roman poet Horace: Time will bring to light whatever is hidden; it will cover up and conceal what is now shining in splendor Inspiring lessons on truth, time, human perception and why nothing in life is constant by the historical figure known for Carpe diem phrase

Quote of the Day by Horace: Horaces quote, Time will bring to light whatever is hidden; it will cover up and conceal what is now shining in splendor, highlights the powerful role of time in revealing truth and reshaping perception. The quote suggests that nothing remains hidden forever, as time eventually exposes reality, while also reminding us that present fame, success, and glory are temporary and can fade with changing circumstances.

26 May 2026 1:26 am
NARCL retains guarantees of Jaypee ex-promoters to boost recovery of dues

NARCL has already filed applications linked to both the corporate guarantee of Jaiprakash Power Ventures and personal guarantees of chairman Manoj Gaur and vice-chairman Sunil Kumar Sharma, and is exploring legal remedies to maximise recoveries from residual assets and obligations tied to Jaypee Group entities, they said.

26 May 2026 1:03 am
India's fertilizer subsidy may cross 3 lakh crore if West Asia crisis prolongs

Indias fertiliser subsidy bill could surge past a record 3 lakh crore this fiscal if the West Asia crisis continues, sharply exceeding the budget estimate of 1.71 lakh crore, a government official said.

26 May 2026 12:41 am
Quote of the Day by Niccol Machiavelli: Men are driven by two principal impulses, either by love or by fear Inspiring lessons on human behavior, decision-making and why motivation comes from love or pressure by the philosopher known for his insights into human nature and political strategy

Quote of the Day by Niccol Machiavelli: Machiavellis quote, Men are driven by two principal impulses, either by love or by fear explores the fundamental forces that influence human behavior and decision-making in everyday life. The quote suggests that most actions are shaped either by emotional connection, trust, and affection, or by caution, pressure, and the instinct to avoid negative consequences.

26 May 2026 12:34 am
Opposition hits out at govt over issues related to CBSE exam papers

The Opposition has accused the Centre of mismanagement in CBSE examinations, targeting Union Education Minister Dharmendra Pradhan over reported evaluation and marking issues. Congress leader Rahul Gandhi alleged irregularities in the board exams involving 18.5 lakh students, saying complaints about wrong marking and evaluation glitches were not addressed.

25 May 2026 11:57 pm
West Bengal to attend NITI Aayog meet after years of Centre-State tension

West Bengal Chief Minister Suvendu Adhikari has directed departments to prepare for the upcoming NITI Aayog meeting on June 11, a departure from Mamata Banerjee's previous non-participation. Draft proposals are due by June 5. Additionally, the Chief Minister announced the resumption of the 100-day work scheme, known as GRAM, across all districts except South 24 Pargana and Murshidabad.

25 May 2026 11:54 pm
Tripura adopts two-day weekend for offices to curb fuel use

Tripura government has launched an austerity drive. All government offices will now be closed on Saturdays and Sundays. Working hours on weekdays are extended. These steps aim to reduce electricity and fuel consumption. The government is also promoting virtual meetings and the use of electric and CNG vehicles. These measures follow Prime Minister Modi's appeal for fuel conservation.

25 May 2026 11:52 pm
Chinese Proverb of the Day: The man is the head of the family, but the woman is the neck that turns the head Life lessons on family roles, mutual respect, responsibility and why power is nothing without partnership

Chinese Proverb of the Day highlights the meaning of The man is the head of the family, but the woman is the neck that turns the head. The saying reflects how leadership within a family is often shaped not only by visible authority, but also by guidance, emotional intelligence, wisdom, and quiet influence. It suggests that while one person may appear to lead openly, important decisions and direction are often influenced by the support, understanding, and strength of another partner behind the sc

25 May 2026 11:49 pm
Kolkata Police visit Abhishek Banerjee's home

Kolkata Police visited Trinamool Congress leader Abhishek Banerjee's residence. Personnel in plain clothes were seen leaving with a computer monitor. This visit occurred as security arrangements at his home were reduced by the new state administration. The Kolkata Municipal Corporation also issued notices regarding building violations to properties linked to Banerjee. The police have not disclosed details of the visit.

25 May 2026 11:47 pm
Big infra projects clock Rs 5.6 lakh crore cost overrun

Major infrastructure projects in India have seen significant cost overruns. Projects valued at 150 crore or more have collectively exceeded their original budgets by 5.6 lakh crore. The total revised cost for 1,981 projects now stands at 42.8 lakh crore. Despite these overruns, expenditure on these projects indicates steady implementation progress.

25 May 2026 11:47 pm
Myanmar President to arrive on Sunday on first foreign visit

Myanmar President Min Aung Hlaing will visit India this Sunday. This marks his first foreign trip since becoming President in April. The visit underscores Myanmar's view of India as a key partner for development, business, and regional security. India sees this as an opportunity to address cross-border concerns and revive connectivity projects.

25 May 2026 11:42 pm
The Abraham Accords: The boldest Middle East gamble in decades, did it actually work? Here's all about it

Abraham Accords: Trump just called six Muslim nations to sign the Abraham Accords live, out loud, tied to an Iran nuclear deal. Pakistan said no. The rest went silent. This is the biggest Middle East normalization push since 2020. And the world is watching to see if it cracks or holds.

25 May 2026 11:36 pm
What we know and don't know about emerging deal to end Iran war

America and Iran are close to a deal to end their war and reopen the Strait of Hormuz. Negotiations are progressing well, with a potential agreement on ending the conflict and allowing global shipping. Iran would give up its enriched uranium stockpile. Sanctions relief and frozen funds would be negotiated. The deal aims to restore regional stability and economic activity.

25 May 2026 11:06 pm
Quote of the Day by French classical author Franois de La Rochefoucauld: 'Absence diminishes small loves and increases...'-Author of Maximes and Memoirs' timeless lesson on love, distance and why absence reveals what truly matters

Franois de La Rochefoucauld's timeless quote, Absence diminishes small loves and increases great ones, as the wind blows out the candle and fans the bonfire, reveals how distance tests the strength of relationships. His observation, born from personal hardship, highlights that true affection endures and often deepens when faced with separation, while superficial connections fade.

25 May 2026 11:06 pm
Psychology says people who hate even the smallest change arent lazy or stubborn, but their brains are expressing this hidden trait

The psychology behind people who resist even the smallest changes suggests the behavior is often tied to anxiety management, emotional security and the brains natural preference for predictability and routine.

25 May 2026 11:05 pm
Govt examining possibility to introduce standard packaging for cooking oil

The Department of Consumer Affairs is looking into standard pack sizes for cooking oils. Industry bodies raised concerns about many different package sizes confusing consumers. This makes comparing prices difficult. The department met with major edible oil associations. They discussed how to make price comparisons easier. This move aims to improve transparency and fair trade practices for consumers.

25 May 2026 10:47 pm
Haryana issues revised instructions on reservation for ex-servicemen, kin in govt jobs

Haryana government has released new rules for ex-servicemen reservation in government jobs. The policy clarifies eligibility and aims to prevent confusion. It defines ex-servicemen comprehensively and emphasizes Haryana domicile. Strict conditions apply for those discharged due to misconduct. Serving military personnel can apply if nearing completion of service.

25 May 2026 10:44 pm
Quote of the day by Euripides: 'Youth is the best time to be rich, and the best time to be...' - life lessons on growth, learning through struggles and what wealth and poverty teach young people by Greek playwright of Medea, The Bacchae and The Trojan Women

Quote of the day by Euripides: Ancient Greek playwright Euripides believed youth is the best time to be rich or poor. Wealth in youth offers freedom and opportunity. Hardship teaches resilience and strength. Modern youth face pressure to succeed quickly. Euripides' words remind us that growth comes from both success and struggle.

25 May 2026 10:42 pm
Persian Proverb of the Day: The lion is handsome, but the gazelle gets The hidden mistake many Alpha personalities make in relationships, friendships and workplaces according to this clever ancient saying

Persian Proverb of the day: Somewhere between ancient satire and modern social commentary exists a proverb that feels surprisingly suited to the Instagram age. The saying, often associated with Persian storytelling traditions that valued wit as much as wisdom, carries a playful but unmistakable sting.

25 May 2026 10:34 pm
Quote of the Day by Plutarch: 'Know how to listen, and you...'-Ancient philosopher's timeless lesson about listening, wisdom and why even difficult people can teach us something

Ancient philosopher Plutarch's timeless quote, Know how to listen, and you will profit even from those who talk badly, offers a profound lesson for modern life. It emphasizes that true wisdom lies in learning from every conversation, even unpleasant ones, by remaining open and controlling one's ego. This approach allows for personal growth and insight, regardless of the speaker's quality.

25 May 2026 10:02 pm
Quote of the day by Shakira: I prefer an ugly truth to a pretty lie. If someone is telling me the truth that Hard reality about love which feels painfully real in the age of filtered digital lives

Quote of the day: The quote extends far beyond romantic relationships. In friendships, honesty often becomes the foundation of lasting connection. In workplaces, open communication helps prevent resentment and misunderstanding. Even personal growth requires the courage to confront uncomfortable truths about oneself.

25 May 2026 9:57 pm
Manipur Police add 477 vehicles to bolster security response

Manipur Police has received 477 new vehicles, including bulletproof models, to boost its operational strength. This comes as the state grapples with ethnic violence and a hostage crisis. The new fleet aims to improve mobility and response times, especially in hill districts.

25 May 2026 9:47 pm
Quote of the day by Thomas Paine: 'To argue with a man who has renounced the use and authority of reason, and whose philosophy consists in...' - why some arguments are impossible to win and what it reveals about human behavior by author of Common Sense

Quote of the day by Thomas Paine: Thomas Paine's quote highlights the futility of arguing with those who reject reason and empathy. He likened such discussions to administering medicine to the dead, emphasizing that productive conversations require mutual respect and a willingness to listen.

25 May 2026 9:45 pm
Sonowal unveils roadmap for maritime reforms, digital governance under Viksit Bharat 2047

Union Minister Sarbananda Sonowal is driving India's maritime sector forward. A comprehensive reform roadmap aims to boost ease of doing business and digital integration. The Ministry will celebrate 12 years of maritime reforms with a nationwide 'Maritime Reform Utsav'. Focus is on swift grievance redressal and enhanced stakeholder engagement. A new digital platform will streamline maritime services.

25 May 2026 9:42 pm
401(k) to gold IRA rollover 2026: Why investors are shifting retirement savings into physical gold protection?

Retirement investors are rapidly searching for 401(k) to gold IRA rollover strategies as economic uncertainty grows across the United States. Rising inflation, volatile stock markets, and global tensions are reshaping retirement planning in 2026. Many Americans now want physical gold IRA protection instead of relying only on traditional 401(k) investments. Financial experts say a self-directed gold IRA rollover can help diversify retirement savings while preserving long-term wealth stability.

25 May 2026 9:39 pm
Armenia turns to India for weapons to counter Azerbaijan, Pakistan and Trkiye defence nexus, orders $2 billion systems

Armenia is bolstering its defence ties with India, seeking robust security against Azerbaijan's growing threats, bolstered by Pakistan and Trkiye. This strategic shift involves significant Indian defence procurements, including advanced missile systems and radars, alongside expanded joint training initiatives. New Delhi is emerging as a crucial defence partner for Yerevan, enhancing regional stability.

25 May 2026 9:32 pm
Quote of the day by Immanuel Kant: 'Marriage is the union of two persons for the lifelong possession of each others sexual attributes' - Controversial statement by 18th-century German philosopher explained

Philosopher Immanuel Kant defined marriage as the lifelong possession of each other's sexual attributes. This 18th-century view contrasts sharply with modern ideas of love and equality. Kant's perspective, rooted in ethics and duty, aimed to protect dignity within relationships. His statement remains relevant, prompting discussions on the true meaning of marriage and its evolution over centuries.

25 May 2026 9:32 pm
Ukrainian Proverb of the Day: The word 'enough' does not exist for water, fire, and The centuries-old saying that quietly turned women into a force of nature

Ukrainian Proverb of the Day: Blending satire, psychology and cultural history, the proverb examines why this centuries-old proverb still feels strikingly modern in an era shaped by female leadership, creativity and unapologetic self-expression.

25 May 2026 9:27 pm
Governor, CM Sarma welcome Bhutan PM Tobgay in Guwahati; talks focus on strengthening bilateral ties

Bhutan's Prime Minister Dasho Tshering Tobgay visited Guwahati. Assam's Governor and Chief Minister welcomed him. Discussions focused on boosting ties between India and Bhutan. Cooperation for the Northeast region was a key point. A cultural evening showcased Assam's heritage. The visit aims to deepen existing bonds and enhance collaboration across various sectors.

25 May 2026 9:17 pm
Tata Sons board to meet on Tuesday; discussions on loss-making cos likely

Tata Sons board meets Tuesday. Discussions will focus on the group's loss-making companies. Reports indicate significant losses in unlisted businesses. Chairman N Chandrasekaran's reappointment is not expected. Noel Tata is reportedly concerned about mounting losses.

25 May 2026 8:57 pm
Iran's deputy foreign minister dials Vikrim Misri to discuss West Asia situation

India's Foreign Secretary Vikram Misri spoke with Iran's Deputy Foreign Minister Majid Takht Ravanchi. Discussions covered regional developments and bilateral cooperation. This follows US Secretary of State Marco Rubio's statement on progress in US-Iran talks. The Strait of Hormuz reopening is a key focus. Iran's nuclear program and control over the strait remain sticking points.

25 May 2026 8:54 pm
Memorial Day 2026 moment of silence time: When is National Moment of Remembrance?

Memorial Day 2026 holiday's origins can be traced to the American Civil War, which killed more than 600,000 service members, Union and Confederate, between 1861 and 1865.

25 May 2026 8:50 pm