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The Economic Times

Top News / The Economic Times

Psychology says people who save special items for the future are not being practical: Why the brain delays joy, waiting for the perfect moment

Psychology suggests that adults who hold on to special items are rarely acting irrationally. More often, they are trying to preserve something meaningful, such as security, comfort, possibility or hope. The challenge is that the brain can sometimes overlook an important reality: many treasured things are meant to be enjoyed and experienced, not saved indefinitely.

16 Jun 2026 11:57 pm
CAG asks states to disclose off-budget borrowings in A/Cs

India's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlighted that these liabilities have reached 90.51 lakh crore. States are advised to reduce these debts over time. Accurate reporting is crucial for understanding the true scale of state finances and ensuring fiscal transparency. This will aid informed decision-making by policymakers.

16 Jun 2026 11:55 pm
He shot a wolf for fun. Then something in its dying eyes turned a hunter into America's greatest conservationist

As the animal lay dying, Aldo Leopold looked into its eyes and saw what he later described as a fierce green fire fading away. In that moment, something changed. The young hunter who believed that fewer wolves meant more deerand better huntingbegan to realize that neither the wolf nor the mountain agreed with such simple thinking.

16 Jun 2026 11:00 pm
UP extends summer vacation for schools amid heatwave conditions: Check reopening date and other details

Uttar Pradesh schools affiliated with the Basic Education Council and recognized institutions have extended summer vacations until June 24 due to severe heatwave conditions. Regular classes will now commence on June 25, with staff reporting earlier for preparations. This move prioritizes student safety and aims for academic calendar uniformity.

16 Jun 2026 10:56 pm
Business quote of the day by Google CEO Sundar Pichai: As a leader, it is important to not just see your own success, but focus on the success of others What business owners can learn from Sundar Pichai's mindset

Google CEO Sundar Pichai emphasizes that leaders must focus on others' success. True leadership means helping teams grow and reach their potential. This approach builds stronger organizations and fosters loyalty. Business owners should create opportunities for employees and partners. This collaborative mindset drives long-term success. The most respected leaders inspire and mentor others.

16 Jun 2026 10:51 pm
French proverb of the day: 'In love, there is always one who suffers and one who gets...' - thought-provoking life lessons on love, attachment, relationship struggles, emotional awareness and why one partner has stronger feeling than the other

French proverb of the day: A French saying reveals a truth about love. It states that in romance, one person often suffers while the other is bored. This reflects the reality of emotional differences in relationships. The saying encourages partners to be aware of these imbalances. It stresses the importance of communication and mutual effort for a strong connection.

16 Jun 2026 10:50 pm
'Wait till US discovers it': Spain's Billarda goes viral; Indians say it's a 2,000-year-old game called gilli danda

A Spanish game called Billarda has gone viral on Indian social media. Many Indians recognize it as their ancient game, gilli danda. Videos show players flicking a small stick with a larger one towards a target. This has brought back childhood memories for many. Gilli danda is believed to be over 2,000 years old.

16 Jun 2026 10:48 pm
The US is using an Iranian smuggling tactic to sneak oil out of the Gulf

The US military is secretly guiding oil tankers through the Gulf of Oman. This operation uses drones and helicopters to facilitate ship-to-ship transfers. The goal is to keep energy exports flowing despite regional tensions. At least 116 ships have been involved since May. This method mirrors tactics used by Iran to bypass sanctions. The transfers occur near Fujairah and Sohar.

16 Jun 2026 10:47 pm
Quote of the Day by Morgan Housel: 'Spending money to show people how much money you have...'- The Psychology of Money author's classic money lesson on why looking rich can be the fastest way to lose wealth

Morgan Housel, a renowned financial writer, shares a powerful money lesson. He explains that spending to impress others is the quickest route to financial decline. True wealth is built by saving and making wise choices, not by displaying possessions. Housel's insights from 'The Psychology of Money' highlight the difference between appearing rich and actually being financially secure.

16 Jun 2026 10:33 pm
India launches UPI at department store in France

India's digital payment system, UPI, has expanded its global reach with a launch at Galeries Lafayette in Nice, France. This move strengthens economic and technological ties between India and France. Following its introduction at the Eiffel Tower earlier this year, UPI is now available in nine countries. This allows Indian travelers to make easy payments abroad using familiar platforms.

16 Jun 2026 10:22 pm
G7 Summit: PM Modi meets Canadian counterpart, discusses ways to build stronger partnership

During a significant summit in France, Prime Minister Narendra Modi engaged in crucial discussions with Canadian Prime Minister Mark Carney. They focused on fortifying their nations' relationship through avenues like commerce, renewable energy, and educational partnerships.

16 Jun 2026 10:16 pm
Renault teams up with Thales to boost France's drone production

Renault will manufacture military drones for Thales. Production of 1,000 units monthly is set to begin next year. This partnership aims to boost France's defence manufacturing capacity. The deal follows previous collaboration on a military vehicle. Renault is also working with other drone companies on production plans. This move signifies the automaker's growing involvement in defence.

16 Jun 2026 10:15 pm
UAE Lottery Results winner list June 16 LIVE: Check Pick 3 and Pick 4 winning numbers, prize money, tips before checking results and more

UAE Lottery Results Today (June 16): UAE Lottery Pick 3 and Pick 4 results for Tuesday, June 16, 2026, are anticipated today. Thousands of players are awaiting the announcement of winning numbers and prize details on the official UAE Lottery platform. Both games, known for their simple format and affordability, allow players to win by matching chosen digits with the official draw.

16 Jun 2026 10:09 pm
Forget the internet, there's a hidden superhighway under your feet, and it's almost a billion Sun trips long

Forget the internet, there's a hidden superhighway under your feet, and it's almost a billion Sun trips long and scientists have now mapped this underground fungal network for the first time. The study shows that these fungal networks stretch about 110 quadrillion kilometers across Earth. They help plants obtain nutrients and water, move around 4 billion tons of carbon dioxide into soils each year, and support ecosystems. Researchers say the findings could help conservation efforts, climate plan

16 Jun 2026 9:55 pm
She didn't follow a strict diet, join a gym or use protein supplements. But her before-and-after photos left her stunned

A young woman achieved significant weight loss without gyms or crash diets. She focused on walking 10,000 steps daily and eating home-cooked vegetarian meals. This approach led to a 5 kg loss in just a few months. Her journey highlights the power of consistent, simple lifestyle changes for effective weight management.

16 Jun 2026 9:51 pm
Spanish proverb of the day: There is no evil from which... - Turn pain into purpose: Timeless wisdom and valuable life lessons hidden within every challenge you face and overcome

Spanish proverb of the day: It reminds us that difficult moments often carry unexpected value. Challenges teach perspective. Failure reveals opportunity. Hardship builds resilience. Life lessons emerge through experience. Personal growth begins when we stop resisting change and start discovering the wisdom hidden within every obstacle.

16 Jun 2026 9:50 pm
School assembly news headlines for June 17: Top national, international, business, sports update and thought of the day

Today's school assembly news covers significant national developments including new prescription mandates for medicinal syrups and ISRO's upcoming PSLV launch. Internationally, a potential US-Iran agreement and G7 cooperation on China are highlighted, alongside a B-52 bomber crash. In sports, Vaibhav Sooryavanshi's on-field incident and Smriti Mandhana's inclusion in TIME's list are noted.

16 Jun 2026 9:45 pm
World should move from donor-recipient to partnerships based on solidarity and equality: PM Modi to G7 leaders

Speaking at the Outreach Session on 'Forging new Partnerships and rebuilding international solidarity here, Modi also underscored the importance of rust in building international partnerships, especially in an increasingly interconnected world.

16 Jun 2026 9:42 pm
US-Iran deal allows Tehran to immediately sell oil: Report

America will permit Iran to start selling oil and fuel immediately. This follows a memorandum of understanding to end a war. Sanctions on Iranian oil sales will be waived. This waiver also includes banking, transportation, and insurance services. These provisions take effect once the agreement is signed this week.

16 Jun 2026 9:38 pm
India's first digital repository of space-sector capabilities launched at ISC

The platform brings together more than 200 verified space and defence companies across nearly 20 domains and over 120 sub-domains. It aims to create a single, trusted platform for capability discovery, collaboration and business development across the Indian space ecosystem.

16 Jun 2026 9:37 pm
Chinese proverb of the day: 'If You Give a Man a Fish, You Feed Him for a Day. But If You Give Him a Fishing Rod, You Feed Him for a Lifetime' teaches why education, skill development matter

Chinese proverb offers enduring wisdom about education, empowerment, and self-reliance. While temporary assistance is sometimes necessary, lasting change comes from equipping people with the skills and opportunities they need to succeed independently. The proverb highlights the transformative power of knowledge and the importance of investing in human potential. By teaching, mentoring, and empowering others, we create stronger individuals, healthier communities, and a more prosperous world. Ulti

16 Jun 2026 9:27 pm
Is DoorDash Down? Thousands of users report app outages and delivery problems across major US cities today- When will the services be up again?

DoorDash faced significant disruptions on Tuesday morning. Thousands of users reported issues, primarily with the mobile app. Major cities like New York, Chicago, Detroit, Dallas, and Los Angeles were most affected. DoorDash acknowledged the problem and is working to fix it. They apologized for the inconvenience caused to their customers.

16 Jun 2026 9:21 pm
Union Minister Shekhawat outlines roadmap for Northeast's trade and tourism boom

Union Minister Gajendra Singh Shekhawat unveiled a vision for Northeast India at the NEIINFRA summit, highlighting over Rs 6 lakh crore invested in infrastructure since 2014. The summit emphasized sustainable development, local community benefits from tourism, and unlocking the region's economic potential through collaboration and improved market access.

16 Jun 2026 9:20 pm
HAL, Tata, L&T among 10 firms in race for Rs 30,000 crore defence drone deal

Around ten Indian companies have submitted bids for a major defence project. The Defence Ministry is acquiring 87 Medium-Altitude Long-Range, Endurance unmanned aerial vehicles. This over Rs 30,000 crore deal aims to boost indigenous drone manufacturing. The drones will feature advanced surveillance and strike capabilities. Integration with Indian missile systems is also planned.

16 Jun 2026 9:19 pm
Quote of the day by Noah Centineo: 'If you have your own money, you feel entitled to spending your...' - inspiring financial lessons on personal finance, wealth and why spending smartly matters more than earning money by Netflix's To All the Boys I've Loved Before star

Quote of the day by Noah Centineo: Noah Centineo warns that earning money can lead to a sense of entitlement, creating a slippery slope of unhealthy spending habits. He emphasizes that financial freedom requires self-discipline and thoughtful management, not just earning potential.

16 Jun 2026 9:18 pm
European Proverb of the Day: 'Who's the man that was never...' Life lessons on vulnerability, human behavior, stereotypes, open communication, and why is it crucial to not let others take advantage of your good, simple nature, innocence or naiveness

European Proverb of the Day highlights the old saying, Whos the man that was never fooled by a woman? The proverb explores human vulnerability, relationships, communication, stereotypes, emotions, and judgment. It teaches that people can be influenced by feelings and assumptions. The saying also encourages humility, open communication, and awareness so that people do not allow others to take advantage of their good nature, innocence, or naiveness.

16 Jun 2026 9:16 pm
Firmly committed to building a drug-free Manipur, says CM Yumnam Khemchand Singh

Manipur is intensifying its fight against drugs. Chief Minister Yumnam Khemchand Singh chaired a meeting to boost intelligence sharing and enforcement against drug trafficking. The government is committed to a drug-free state, he said.

16 Jun 2026 9:15 pm
Jelly Roll hinted at Bunnie Xo divorce ahead of shocking breakup news? Here's what his social media post reveals

Country star Jelly Roll and wife Bunnie Xo have filed for divorce after nearly a decade. Fans suspect trouble brewed earlier, pointing to his missing wedding ring in recent social media posts and CMA Fest appearances. The couple, who married in 2016, had previously overcome splits and personal struggles, even renewing vows in 2023.

16 Jun 2026 9:14 pm
Psychology says people who keep checking weather forecasts multiple times a day arent anxious but are trying to outsmart uncertainty

Psychology says checking the weather several times a day is generally harmless and quite common. It only becomes a concern when the habit begins to dictate your emotions or takes up an excessive amount of your attention and mental energy.

16 Jun 2026 9:09 pm
US-Iran deal to be signed in Switzerland on Friday: Swiss Foreign Ministry

A significant deal between the United States and Iran to end the Middle East war is set to be signed this Friday. The historic agreement will be finalized at the secure Burgenstock resort in Switzerland. This development follows weeks of intense negotiations between the two nations.

16 Jun 2026 9:09 pm
UGC NET June 2026 admit card date: Check when and where to download your admit cards

The National Testing Agency is expected to release UGC NET June 2026 admit cards today. The examination is scheduled from June 22 to June 30. Candidates must download their hall tickets from the official website. The admit card is essential for entry to the examination centre.

16 Jun 2026 9:08 pm
Turkish proverb of the day: With patience, even the sourest grapes turn sweet, and humble leaves become... Learn beyond knowledge; uncover lessons that inspire growth and wisdom that transforms the way you see the world

Turkish proverb of the day: True wisdom rarely arrives fast. Growth takes time. Success follows steady effort. Ancient proverbs reveal timeless life lessons. Patience builds resilience. Experience deepens understanding. Small actions create meaningful change. Personal growth begins with persistence. Wisdom grows through reflection. Trust the process. Let time transform challenges into strength, insight, and lasting success.

16 Jun 2026 9:02 pm
African Proverb of the Day: 'No one is rich enough to buy yesterday, but...'- A powerful lesson about time, effort, and hope

This African proverb emphasizes that while yesterday is irretrievable, today's hard work can shape a brighter tomorrow. It highlights the immense value of time over wealth, urging individuals to accept the past and focus their efforts on creating future opportunities through consistent action and dedication.

16 Jun 2026 9:00 pm
Cant even take a Monday off: Employees one-week vacation request denied despite 5 years at job

A finance analyst's vacation request was denied by their manager and he is not even allowed to take one Monday off, according to a Reddit post. The employee is the only analyst in their team and leads critical presentations and the situation has sparked debate on workplace boundaries and PTO policies. Many suggested the employee seek new employment or follow formal HR procedures.

16 Jun 2026 8:46 pm
Life lesson of the day by Niccol Machiavelli: 'Never attempt to win by force what can be won by...' - inspiring quote on solving problems, decision-making and how strategic thinking can help you achieve your goals by Italian Renaissance diplomat and The Prince writer

Life lesson of the day by Niccol Machiavelli: Niccol Machiavelli advises that success often stems from strategic thinking and understanding situations, rather than brute force. He suggests that a calculated approach, involving careful planning and adaptation, can achieve better outcomes than direct confrontation.

16 Jun 2026 8:34 pm
Assam: Defence ministry to acquire 333.662 acres for Artillery Brigade location plan

The Ministry of Defence will acquire land in Assam's Udalguri district to establish units of an Artillery Brigade. The expansion is linked to the 21 Mountain Division stationed in the region.

16 Jun 2026 8:33 pm
Arunachal rolls out major deregulation drive to boost investment

Arunachal Pradesh has significantly eased business regulations. The state has streamlined processes across 51 areas, including land, environment, and labour. Reforms include self-certification, digital platforms for approvals, and simplified utility connections. These measures aim to attract investment by creating a transparent and efficient business ecosystem. The government is committed to fostering growth while respecting the state's heritage.

16 Jun 2026 8:28 pm
NCDEX launches 'Har Ghar Investor' campaign

NCDEX Ltd has launched its nationwide 'HarGhar Investor' campaign in Guwahati, aiming to bring every Indian household into formal, regulated financial markets. This initiative seeks to enhance financial literacy and participation from emerging cities and underserved regions, aligning with the vision of 'Equity for Bharat'.

16 Jun 2026 8:21 pm
Can Elon Musk's xAI challenge Anthropic after SpaceX's $60 billion Cursor AI acquisition from Anysphere?

SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut. The acquisition hands xAI's Grok a foothold in AI coding tools, tapping Cursor's $2 billion annualized revenue and rapid enterprise adoption. Closing is expected in Q3 2026. Now the bigger question is whether Cursor AI can help xAI challenge Anthropic's lead in enterprise AI coding.

16 Jun 2026 8:15 pm
Psychology says people who keep opening and closing their phones waiting for a message, are not obsessed: Why the brain gets hooked on the possibility of one special person

Psychology suggests that people who constantly open and close their phones are rarely attached to the technology itself. More often, they are responding to what the device symbolizes, connection, reassurance, and the possibility that something important might happen at any moment.

16 Jun 2026 8:14 pm