The Economic Times

Warren Buffett successor Alphabet investment leads Berkshire Hathaway $10B deal, signaling a major Big Tech shift. Berkshire Hathaway, under Greg Abel, is buying Alphabet stock worth $10 billion at a discounted price near $352 per share. This move strengthens exposure to Google parent company, AI growth, and digital advertising dominance.

Quote of the day by Jim Rohn: Jim Rohn highlighted the importance of emotional intelligence, urging people to look beyond superficial appearances. He used a powerful metaphor to illustrate how some individuals can mask their true intentions, emphasizing that intuition and sensing subtle emotional cues are vital for navigating relationships and understanding reality.

The Faroe Islands witnessed a mass killing of over 700 whales and dolphins in a traditional hunt. This ancient practice, known as the 'grind', has drawn sharp criticism from animal rights groups. Authorities defend it as a regulated cultural tradition and a sustainable food source. The event highlights a deep divide between tradition and modern conservation concerns.

More than 7 million Americans receive Supplemental Security Income, making every Social Security payment date critical. In 2026, some Social Security recipients will see three months without an SSI payment deposit, but benefits are not being cut. The Social Security Administration is simply moving payments earlier because scheduled dates fall on weekends. Understanding the Social Security payment schedule can prevent budgeting mistakes. The key shift is timing, not money.

Economist Neelkanth Mishra has been appointed as India's executive director at the World Bank Group, succeeding Parameswaran Iyer. Mishra, a former part-time member of the Prime Minister's Economic Advisory Council and chief economist at Axis Bank, will serve a three-year term. His role also encompasses representing Bangladesh, Bhutan, and Sri Lanka at the international financial institution.

AI data center power shortage: The AI boom's next frontier is electricity, shifting focus from models and GPUs to the immense power needed for data centers. As AI demand surges, reliable and affordable energy is becoming a critical constraint, forcing companies to rethink infrastructure and secure long-term power contracts. This energy challenge is reshaping AI strategy and deployment.

A Chinese proverb highlights that a small gift, like a goose feather, carries profound meaning when given with genuine care. The effort of the giver transforms the insignificant into something valuable. This ancient wisdom reminds us that sincerity and thoughtful actions hold more weight than expensive presents.

As therapy-related language becomes increasingly common, many people are questioning whether knowing mental health terminology automatically translates into emotional intelligence. Mental health awareness has helped reduce stigma and encourage important conversations, but true emotional growth comes through practice and experience. Ultimately, emotional intelligence is measured by behavior and relationships rather than the number of psychological concepts a person understands.

If 3I/ATLAS isnt an alien probe, its discovery may be even more important. Scientists detected no radio signals from the interstellar comet despite an extensive search for technosignatures. Instead, the James Webb Space Telescope found unusually high methane and carbon dioxide levels. Those findings suggest 3I/ATLAS formed in a vastly different star system. More than a space mystery, this methane-rich interstellar object acts as a cosmic time capsule, carrying rare clues about planetary formatio

Russian teenager Mirra Andreeva and Polish qualifier Maja Chwalinska have reached their first Grand Slam finals at the French Open. Andreeva dominated her semi-final match. Chwalinska made history as the first qualifier to reach the Roland Garros final in the professional era. Both players expressed joy and disbelief at their achievements.

Globalisation is changing. It now balances efficiency with resilience and security. This shift benefits India, a nation with strong tech talent, a diverse economy, and a large market. Global investors see India's long-term story as intact, despite short-term headwinds. India's rise is timely as the world needs its capabilities. The country is a central pillar for future global growth.

If you are not the smartest person in the room, it does not mean you are at a disadvantage. The ability to build connections, earn trust and cultivate meaningful relationships can become one of the most valuable strengths you possess, often opening doors that intelligence alone cannot.

A Delhi court has deemed the arrest of hotel owner Lavkesh Bajaj lawful and justified following a devastating fire at his Malviya Nagar establishment. The blaze claimed 21 lives, including nine Indians and twelve foreigners, with the hotel allegedly operating without a fire NOC. Police have been granted four days of custody for interrogation.

Proverb of the Day highlights a well-known saying: It takes 6 men to carry a man to his grave. It takes 1 woman to put him there. The proverb uses humor to explain the impact of relationships, trust, love, marriage, and betrayal. It shows how emotional decisions can shape a persons life. The saying remains relevant because relationships continue to influence personal choices, happiness, and long-term outcomes.

A controversy within the Catholic Church emerged after Monsignor Stephen Rossetti, a longtime exorcist in the Archdiocese of Washington, suggested in an online video that many UFO sightings could be connected to demonic activity. Cardinal Robert McElroy subsequently removed Rossetti from his role as an archdiocesan exorcist and ended the archdiocese's affiliation with the St. Michael Center for Spiritual Renewal, which Rossetti leads.

Greek proverb of the day: Ancient Greek wisdom highlights the importance of remembering past struggles to foster empathy. A proverb about a grumbling mother-in-law forgetting her bridehood illustrates how experience should cultivate understanding, not impatience. This timeless lesson encourages individuals to offer guidance and compassion by reflecting on their own journeys.

Scientists have identified Praearcturus gigas, a one-meter-long scorpion from the Early Devonian period, as the largest scorpion ever discovered. This prehistoric predator, living around 415 million years ago, challenges previous notions of giant arthropod evolution, possibly growing massive due to low competition and aquatic adaptations.

As part of the search, Microsoft Executive VP Charles Lamanna held discussions with Adobe about the role, but ultimately opted against continuing with the process, according to another person familiar with the process. Lamanna oversees a swath of product development at Microsoft, including efforts to weave AI into business applications.

Although many people are capable of sincere empathy and genuine concern for others, psychological research suggests that human beings are naturally interested in what is happening in other people's lives. Sometimes that interest is driven by compassion and a desire to connect. In other instances, it may stem from social comparison, entertainment value or the pursuit of information that can enhance one's sense of influence or social standing.

Indian cold storages are full of imported apples, avocados, and dry fruits. Shipping disruptions due to the Iran war are causing these diversions. This situation also impacts India's own produce exports. Traders note a slowdown in demand for dry fruits in secondary markets. Avocado imports faced shortages earlier due to shipping route closures.

Defence ministry has doubled financial powers for field commanders. This move aims for faster procurement and efficient operations. Army commanders can now approve up to 100 crore rupees. Service chiefs have a limit of 125 crore rupees. These enhanced powers will support procurements worth 1.25 lakh crore rupees this financial year. This reform will also boost indigenisation and joint procurements.

The average mortgage payment has surged past $2,000 for the first time, reaching $2,005 as high mortgage rates, rising home prices, and persistent inflation reshape the U.S. housing market. Many buyers expected Federal Reserve rate cuts to bring relief. Instead, the average 30-year mortgage rate remains near 6.5%. The real story runs deeper. Treasury yields, investor caution, and growing federal debt continue driving borrowing costs higher. Yet smart moves matter. A stronger credit score, larger

America's trade representative assures that new tariffs will respect existing agreements. He stated that a deal is a deal for nations like the European Union and Japan. The US aims to resolve problematic trade practices while accommodating prior agreements. This approach seeks to balance new trade policies with commitments made to key economic partners.

Indian officials have warned that consumption demand might face challenges due to global economic pressures. However, strong service exports and foreign exchange reserves are expected to provide a buffer against external shocks. While inflation and currency volatility are concerns, India's economy is showing resilience. Government spending is increasing, but private investment needs a boost.

The tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement firm Challenger, Gray & Christmas. So far this year, the industry has announced 123,653 cuts, up more than 65% from the same period in 2025.

The Enforcement Directorate is gearing up to file its conclusive prosecution complaint in the controversial West Bengal teachers' recruitment affair. This move comes on the heels of Trinamool MP Abhishek Banerjee's questioning, scheduled for June 15. The case's escalation can be traced back to recent revelations surfaced in a CBI charge sheet.

Spanish Proverb of the Day highlights the meaning of Love one that does not love you, answer one that does not call you, and you will run a fruitless race. The saying reflects how emotional effort in relationships can become draining and unfulfilling when it is not met with mutual response or interest. It suggests that love and attention lose their meaning when they are given in one direction without reciprocity.

The Manipur High Court is putting pressure on the state government to deliver a detailed Action Taken Report by June 8 regarding the disappearance of six Naga men who were taken hostage on May 13. This alarming incident has exacerbated the already tense situation in Manipur, with the United Naga Council abruptly halting the scheduled release of Kukis.

UK Foreign Secretary Yvette Cooper met Prime Minister Narendra Modi and External Affairs Minister S Jaishankar. Discussions focused on strengthening the India-UK comprehensive strategic partnership. Key areas included trade, technology, supply chains, and defense. Both nations aim for early implementation of CETA. Educational ties are expanding with the University of Liverpool planning a campus in Bengaluru.

Iceland mosquito discovery: Iceland's long-held status as a mosquito-free nation has ended with the discovery of three Culiseta annulata mosquitoes. Found in Kiafell, these insects, capable of surviving cold climates, raise questions about potential establishment. While not a health risk, the finding is being monitored as an ecological development.

RSS chief Mohan Bhagwat emphasized that the world respects strength, not just truth, and seeks alternative development models. Industrialist Kumar Mangalam Birla highlighted the critical need for India to build national capability and resilience amidst global geopolitical shifts and technological disruptions. Both leaders underscored the importance of strong nations and self-reliance in a changing world order.

The Centre and West Bengal government will create a blueprint to stop infiltration along the Indo-Bangladesh border. The Border Security Force will draft a master plan after assessing security loopholes. This new strategy focuses on multi-layered surveillance. Border district police and administrative heads will expedite security infrastructure. This initiative aims to enhance vigilance across remote border terrains.

A gantry crane collapsed onto a makeshift shelter at a Jewar Expressway flyover construction site in Faridabad, Haryana, killing at least three people. One worker was rescued with serious injuries, while rescue operations continue for others believed to be trapped. The incident occurred during a storm near Panhera Khurd village.

Mizoram anticipates a surge in refugees from Myanmar due to ongoing instability, adding to the state's existing burden. Nearly 90% of the 30,900 Myanmar nationals who arrived post-2021 coup are registered. The state is also enrolling Bangladeshi refugees and continues to host those displaced by Manipur's ethnic violence.

African Proverb of the Day highlights the meaning of There is no physician who can cure the disease of love. The saying reflects the idea that love is a powerful emotional experience that cannot be treated or controlled like a physical illness. It suggests that love exists beyond logic, medicine, or external solutions, and often affects people in deep and personal ways.

An ancient African proverb compares family to a forest. From outside, it appears dense and complex. Inside, each tree has its unique place and purpose. This wisdom emphasizes that every family member contributes value. Understanding requires looking beyond surface differences. This timeless message promotes acceptance and unity, showing that diversity strengthens communities and relationships.

Russian President Vladimir Putin stated that Donald Trump requested compromises from Russia for a Ukraine peace deal, to which Russia is amenable if Ukraine reciprocates. Putin asserted Russia possesses the resources for its military objectives and troops are advancing, yet expressed readiness for a peaceful resolution with Ukraine.

The SpaceX IPO is moving from speculation to reality. Elon Musk's space company has opened a dedicated investor website and confirmed a $135 share price target. With a projected $1.75 trillion valuation, growing Starlink revenue, and major AI ambitions, the public offering could become one of the most significant stock market events in years.

Quote of the Day by William Ernest Henley continues to inspire people across generations. The line, I am the master of my fate; I am the captain of my soul, comes from the poem Invictus. It reflects personal responsibility, courage, self-control, and determination. The quote remains relevant in modern life because it encourages individuals to face challenges, make decisions, and take ownership of their future despite difficult circumstances.

An impending El Nino event threatens global economies, with India facing potential losses exceeding one trillion dollars. This climate phenomenon, amplified by global warming, exacerbates extreme heat and disrupts monsoons. Experts urge governments to invest in adaptation measures like improved forecasting, early warning systems, and drought-resistant agriculture.

Pakistan has accused India of violating the Indus Waters Treaty. India plans to divert Chenab river water to the Beas river. Pakistan states this action breaks international water laws. The Indus Waters Treaty governs water sharing between the two nations. Pakistan received the report and a tender document from India. India has not officially communicated these plans.

Quote of the Day: Chris Hemsworths famous Thor line may have originated in a superhero story, but its wisdom belongs to real life. The next time a difficult situation appears, the quote offers a straightforward question: will you run away from the problem, or will you run toward it? According to Thor, the answer defines the hero within us all.

Quote of the Day: Sir Isaac Newton, a giant of science, left us a profound thought. His words on gravity reveal that while science explains how things work, it doesn't always answer why they exist. This timeless quote encourages us to keep asking questions. Newton's own life shows the power of curiosity.

A strong woman stands above all. This ancient Latin proverb highlights female resilience and courage. It applies to women balancing careers and families, students overcoming hurdles, and mothers making sacrifices. Inner strength defines a woman's worth, not outside approval. This message remains vital today as women break barriers and champion equality. Their persistence inspires everyone.