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The Economic Times

Top News / The Economic Times

Gulf countries act as propellants for SpaceX IPO as billions flow in

Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, the people said, asking not to be identified discussing confidential information. The $580 billion Qatar Investment Authority is also likely to make a significant commitment, the people said.

11 Jun 2026 12:20 am
Teen hacker who exposed CBSE portal flaws joins IIT Kanpur's cybersecurity hub

Following his exposure of technical gaps in CBSE's on-screen marking portal, 19-year-old ethical hacker Nisarga Adhikary has been recruited by IIT Kanpur's national cybersecurity hub, C3i. He has joined as an OSINT and threat intelligence engineer, with potential for further roles in vulnerability assessment and penetration testing.

11 Jun 2026 12:12 am
Six abducted Naga men found dead in Manipur: Police

Manipur Police have recovered the bodies of six individuals, believed to be Naga men taken hostage on May 13. This discovery follows the release of 14 Kuki individuals abducted earlier. Tensions remain high as vehicular movement is blocked, with both Kuki and Naga communities imposing blockades amid ongoing investigations into the missing persons.

11 Jun 2026 12:10 am
Mirwaiz voices concern over PoK protest deaths, urges authorities to avoid use of force

Religious leader Mirwaiz Umar Farooq voiced deep concern over recent fatalities in Pakistan-occupied Kashmir. Over twenty individuals reportedly lost their lives following police actions against protesters. Mirwaiz emphasized that authorities should address public grievances through dialogue, not force. He urged for peaceful resolution and maturity in handling the situation. The leader expressed hope for a positive outcome.

11 Jun 2026 12:08 am
India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrels

India and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked crude storage. New facilities will increase capacity from 5.8 million barrels to 30 million barrels. Both nations are also establishing a framework for strategic gas reserves. This initiative aims to provide greater flexibility and ensure stable energy supplies for India.

11 Jun 2026 12:07 am
India's light tank Zorawar may face delays of up to 2 years as Army demands enhanced protection

India's new light battle tank, Project Zorawar, faces a two-year induction delay. Developers are enhancing protection levels, a move that adds weight and technical hurdles. Originally planned for 2027 induction in high-altitude areas, the timeline is now extended. This tank, developed rapidly in response to Chinese deployments, aims for superior mobility and firepower.

11 Jun 2026 12:05 am
African Proverb of the Day: 'The rain does not recognize anyone as a friend...' Inspiring lessons on equality, humility, change, and why nature treats everyone the same

An African proverb reveals that rain, like life's forces, touches everyone equally, regardless of status. This wisdom underscores the importance of humility, empathy, and recognizing our shared humanity in the face of life's unpredictable challenges and opportunities. It teaches that resilience and compassion stem from understanding these universal experiences.

11 Jun 2026 12:02 am
European Proverb of the Day: No woman marries an Life lessons on perception, social expectations, judgment, cultural assumptions, and how society interprets love and age differences

European Proverb of the Day highlights the meaning of No woman marries an old man for Gods sake. The saying reflects traditional social attitudes toward marriage, where relationships were often viewed through the lens of practicality, status, or personal gain rather than purely emotional or spiritual reasons. It suggests that society tends to question the motivations behind significant age-gap marriages and assumes they are influenced by material or personal considerations.

11 Jun 2026 12:02 am
Space-time mystery explained: How Einsteins universe theory challenges our idea of reality?

Space-time reveals a deeper picture of the universe beyond ordinary human experience. Einsteins relativity theory changed how we understand time, gravity, and cosmic events. This mysterious fabric of reality connects space and time into one structure, raising powerful questions about existence, the block universe, and the true nature of reality. Modern physics continues exploring whether space-time is a physical thing or a framework that describes everything happening across the cosmos.

10 Jun 2026 11:59 pm
Stand-off at Meghalaya border after Bangladesh refuses to accept BSF-pushed back national

A tense situation has emerged along the India-Bangladesh border in Meghalaya. Bangladeshi authorities have reportedly refused to accept a national pushed back by the Border Security Force. The individual, apprehended for illegal entry, is now stranded in no man's land. Border guards from both nations are in discussion regarding the person's identity and nationality.

10 Jun 2026 11:58 pm
Delhi court issues notice to magistrate over bias allegations in 2 complaint cases

A Delhi court has halted proceedings in two criminal cases. Accused individuals claimed bias and procedural issues. The District and Sessions Judge issued notices to the magistrate. Further hearings are stayed until July 31. This action follows allegations of unfair treatment and unusual urgency in the case handling. The court seeks comments before deciding on the transfer petitions.

10 Jun 2026 11:50 pm
Quote of the day by W. Somerset Maugham: 'It's a funny thing about life, if you refuse to accept anything but...' - inspiring life lessons on growth mindset, chasing big goals and why people who refuse to settle succeed by Human Bondage and The Moon and Sixpence author

Quote of the day by W. Somerset Maugham: W. Somerset Maugham's quote highlights the power of high standards. Refusing mediocrity often leads to greater achievements. This philosophy encourages hard work and difficult choices. Self-belief plays a crucial role in pursuing quality. Maugham's life and works demonstrate the rewards of this approach.

10 Jun 2026 11:40 pm
Tripura court issues notice to TMC leader Abhishek Banerjee

A Tripura court has summoned Trinamool Congress leader Abhishek Banerjee. He must appear in person at the Khowai district court on June 22. The notice was served through a Kolkata court. A Bailiff delivered the summons to Kalighat Police Station. Trinamool legislator Kunal Ghosh received the notice on behalf of Banerjee.

10 Jun 2026 11:37 pm
Trump says US military ops ensure safe passage of 100 million barrels of oil through Hormuz

President Donald Trump revealed a secret US military mission. This operation supported oil tankers and commercial ships. Over 100 million barrels of oil passed through the Strait of Hormuz. More than 200 ships traveled safely. Trump stated the United States controls the Strait of Hormuz, not Iran. He declared Iran's military defeated and its economy lost.

10 Jun 2026 11:30 pm
Jewish Proverb of the Day: The man who gives little with a smile gives more than the man who gives Thought-provoking life lessons on kindness, generosity, compassion, gratitude and why the best gifts come from the heart

Jewish Proverb of the Day highlights the meaning of The man who gives little with a smile gives more than the man who gives much with a frown. The saying emphasizes that the value of a gift is not measured solely by its size but also by the attitude behind it. A small act of generosity offered with kindness, warmth and sincerity can have a greater impact than a large gift given reluctantly or without goodwill.

10 Jun 2026 11:29 pm
Italian proverb of the day: 'He who wants too much gets nothing.' Life lessons on ambition, greed, and why chasing everything might make you lose it all

Italian Proverb of the Day: The ancient Italian proverb Chi troppo vuole, nulla stringe warns against overreaching. This wisdom, meaning He who wants too much gets nothing, emphasises balance and focus rather than greed alone. It suggests that trying to attain everything at once can lead to losing what one already has, a lesson that remains relevant to modern ambitions and decision-making.

10 Jun 2026 11:23 pm
Psychology says people who always wear back and white may be sending a powerful message without saying a word

Psychology does not claim that everyone who prefers black-and-white clothing has the same personality traits. Human behavior is far too nuanced and individual for such broad conclusions.

10 Jun 2026 11:22 pm
No raids till further orders: Maharashtra tells Bombay HC in Patanjali labelling case

The Maharashtra government has assured the Bombay High Court it will halt raids and confiscations concerning ayurvedic product labels. This comes after Patanjali Ayurved and Divya Pharmacy challenged the state's actions. The companies argue that indication labelling is a common industry practice.

10 Jun 2026 11:21 pm
American company Opendoor shuts India operations, says jobs should be closer to US customers

US real estate firm Opendoor is closing its India operations. The company is moving its work back to America. This decision impacts around 250 employees. Opendoor cites a need for operational work to be closer to its US customer base. Streamlined systems and AI adoption are key factors. Affected employees will receive transition packages. The company's overall strategy remains unchanged.

10 Jun 2026 11:18 pm
Social Security crisis 2032: Could a 22% benefit cut slash retirement income for millions of Americans if Congress fails to act?

Social Security crisis 2032 is no longer a distant warning. Current projections show the trust fund could face depletion by 2032, triggering a potential 22% benefit cut. For millions of retirees, this is about more than retirement benefits. It is about income security, rising living costs, and whether Americas retirement system can keep its promise.

10 Jun 2026 11:18 pm
Quote of the day by Marie Curie: One never notices what has been done... a lesson on pursuing excellence

Quote of the Day: Marie Curie's enduring quote highlights the importance of looking ahead. It suggests true progress stems from focusing on what remains to be done, not past successes. Curie's own life exemplified this, driving her to break scientific barriers. Her dedication to continuous discovery offers a timeless lesson in perseverance and the pursuit of knowledge for everyone.

10 Jun 2026 11:17 pm
Psychology says some people enjoy hurting others and conspiring, and the reason is much darker than you think: Insights from Alfred Adlers theories

According to the theories of Alfred Adler, individuals who deliberately hurt others, manipulate circumstances or appear to be constantly scheming against someone are not necessarily operating from a position of strength or confidence. In many cases, such behaviors may reflect deeper feelings of insecurity, inadequacy or a need to compensate for perceived weaknesses.

10 Jun 2026 11:06 pm
'A great one he is': Trump congratulates PM Modi on becoming India's longest-serving Prime Minister

US President Donald Trump congratulated Prime Minister Narendra Modi on becoming India's longest-serving Prime Minister. Trump praised Modi as a strong, healthy, and wise man and expressed confidence in his continued success in the future.

10 Jun 2026 11:04 pm
Quote of the day by Albert Einstein: 'When you are courting a nice girl an hour seems like a second...' - A life lesson in theory of relativity

Albert Einstein's famous relativity quote, When you are courting a nice girl an hour seems like a second. When you sit on a red-hot cinder a second seems like an hour. That's relativity, humorously illustrates how our perception of time changes with our experiences.

10 Jun 2026 11:03 pm
India, US exploring possibility of Modi-Trump meeting on margins of G7 summit in France

India and the US are exploring a potential meeting between Prime Minister Narendra Modi and US President Donald Trump. This could happen on the sidelines of the G7 summit in France next week. The meeting's finalization depends on various factors, including their schedules. Prime Minister Modi's visit to France and Slovakia includes attending the G7 outreach sessions.

10 Jun 2026 10:57 pm
Chinese Proverb of the Day: 'Keep a green tree alive in your heart, and a songbird may...' Life lessons on hope, inner growth, positivity, and why a beautiful mind attracts beautiful things

A Chinese proverb teaches that nurturing hope and positivity within oneself, symbolized by a green tree, creates an environment where joy and opportunities, like a songbird, can flourish. This wisdom emphasizes that cultivating inner strength and kindness attracts positive experiences and meaningful connections, highlighting the profound influence of our inner world on our outer reality.

10 Jun 2026 10:56 pm
African proverb of the day: 'Let your love be like the misty rain, coming softly but...' - thought-provoking life lessons on love, building lasting relationships, romance, lasting affection and how you should treat your partner

African proverb of the day: Genuine love, like misty rain, quietly transforms relationships through consistent acts of kindness, patience, and support. This African proverb emphasizes that steady devotion and meaningful everyday efforts build deeper trust and lasting emotional connections, proving that gentle, persistent care holds profound power.

10 Jun 2026 10:50 pm
Govt highlights tax reforms, investor confidence as Modi completes 12 years as PM

Prime Minister Narendra Modi has completed twelve years as India's longest-serving elected leader. The government highlights significant achievements in tax reforms, digital expansion, and economic growth. India has transitioned to become the world's fastest-growing major economy. These reforms have boosted investor confidence and are paving the way for a USD 5 trillion economy.

10 Jun 2026 10:49 pm
On This Day in History, June 10: Troy falls, Italy enters WWII, Jurassic Park premieres, Thatcher wins for 3rd time, FIFA World Cup opens and other key events

On This Day in History, June 10 witnessed events that ranged from the legendary destruction of Troy and the birth of Gothic architecture to major developments during the Second World War and the opening of the 2010 FIFA World Cup in South Africa. The date also saw milestones in aviation, broadcasting, transportation, political history and popular culture, making it one of the most eventful days in the historical calendar.

10 Jun 2026 10:35 pm
Birthday horror! 3-year-old swallows metal wires hidden in cake decorations in Mumbai

A three-year-old boy in Thane narrowly escaped injury after accidentally swallowing two metal wires hidden within his birthday cake's decorations. The incident, which occurred during a celebration, prompted his family to raise concerns about food safety and the undisclosed use of non-edible materials in baked goods. Fortunately, the wires passed naturally, and the child recovered without harm.

10 Jun 2026 10:28 pm
Tata, Airbus conduct first test flight of maiden 'Made in India' C295 military transport aircraft

India's first Airbus C295 military transport aircraft, manufactured in Vadodara, has successfully completed its initial test flight. This marks a significant step towards delivering 40 such aircraft to the Indian Air Force this year. The programme signifies a new era in India's defence manufacturing capabilities, with private sector involvement and contributions from numerous Indian MSMEs.

10 Jun 2026 10:27 pm
Manipur CM Yumnam Khemchand Singh meets Gadkari, pushes Imphal highway projects

Manipur Chief Minister Yumnam Khemchand Singh met Union Minister Nitin Gadkari to discuss progress on the Imphal-Jiribam and Imphal-Dimapur highways. The Chief Minister also signed an MoU for Jal Jeevan Mission 2.0, focusing on sustainable rural drinking water. The state government is committed to implementing the mission effectively, aiming for assured service delivery and community ownership.

10 Jun 2026 10:22 pm
Trump vows fresh Iran strikes after 'playing us for suckers'

United States President Donald Trump declared renewed attacks on Iran. He accused Iranian negotiators of deception. This comes after an exchange of fire following the downing of a US helicopter. Trump stated the US will hit Iran hard. He also mentioned potential targeting of Iranian infrastructure. The President expressed frustration with the ongoing peace talks.

10 Jun 2026 10:20 pm
Life lesson of the day: There's always more than one way; 10 life rules that hit different after 30

Life lesson of the day: The 10 life advices that are still relevant today reveal powerful truths about success, happiness, relationships, and personal growth. These timeless life lessons show that real progress comes from adaptability, kindness, responsibility, curiosity, and self-awareness. In a fast-changing world, people still need simple wisdom to handle challenges, build confidence, and create a meaningful future. The greatest transformation often begins with small decisions and a stronger

10 Jun 2026 10:16 pm
Spanish Proverb of the Day: In the rich womans house she always Life lessons on wealth, power, leadership and why money talks

Spanish Proverb of the Day highlights the meaning of In the rich woman's house she always commands; he never. The saying reflects how wealth and financial independence can influence authority and decision making within relationships and households. It suggests that the person who controls greater resources often holds a stronger voice in important matters and daily affairs.

10 Jun 2026 10:10 pm
Native American Proverb of the Day: 'Teach us love, compassion, and honor that we may heal...'- Native American lessons on love, compassion, respect, and why healing the Earth begins with healing each other

Native American wisdom traditions highlight the deep connection between humanity and nature, emphasizing that healing the Earth begins with healing each other. A core proverb, 'Teach us love, compassion, and honor that we may heal the earth and heal each other,' underscores that internal transformation through these values fosters healthier relationships and environmental stewardship.

10 Jun 2026 10:04 pm
The world's oil piggy bank is being smashed open. What can go wrong?

Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of strategic reserves. Escalating geopolitical tensions, particularly involving Iran, threaten further supply shocks. The world faces a potential oil crisis with diminished buffers and constrained transit routes, suggesting prolonged market vulnerability.

10 Jun 2026 10:02 pm
Donald Trump signs bill giving nearly $70 bn to his immigration enforcement agenda through end of his term

President Donald Trump has signed a new law boosting his immigration and deportation plans with nearly $70 billion. The bill allocates significant funds to US Immigration and Customs Enforcement and the Border Patrol. This legislation follows a lengthy dispute over Department of Homeland Security funding.

10 Jun 2026 10:00 pm
Bill Gates reveals details about Jeffrey Epstein meeting as Microsoft co-founder faces tough questions about relationship with financier

Bill Gates said that he ended the relationship in 2014 after concluding Jeffrey Epstein could not deliver on those promises.

10 Jun 2026 9:56 pm
Psychology says some women crying and overexplaining themselves during arguments may not be normal: John Bowlby explains reason behind hidden tears

Although crying and overexplaining are natural emotional responses, psychologists note that they can become counterproductive when they replace clear, direct communication. When someone repeatedly feels ignored, invalidated or emotionally unsafe, they may find themselves caught in a frustrating cycle.

10 Jun 2026 9:48 pm
India summons US charg daffaires over attack on vessel with 24 Indian crew off Oman coast

India summoned the US Charg dAffaires to protest an attack on the commercial vessel Settebello off Oman's coast, which carried 24 Indian crew members. While 21 have been rescued, three remain missing. India reiterated its call for de-escalation and the protection of commercial shipping.

10 Jun 2026 9:46 pm
Words of wisdom by Jimi Hendrix: Knowledge speaks, but wisdom listens The hidden power of wisdom, success, and true understanding What life lessons shaped his success?

Words of wisdom by Jimi Hendrix, Knowledge speaks, but wisdom listens, reveals a timeless truth about success, growth, and human understanding. This powerful life lesson shows that real intelligence is not only about facts, but about awareness, patience, and emotional wisdom. Jimi Hendrixs journey as a legendary musician proves that creativity grows when people observe, learn, and listen deeply. In todays fast-changing world, this wisdom quote inspires better decisions, stronger relationships, a

10 Jun 2026 9:41 pm