The Economic Times

Seven fatalities have been reported by district administration officials. Search and rescue operations continue for workers trapped inside the tunnel. A National Disaster Response Force team has entered the tunnel to begin rescue. The incident occurred after an alleged gas leak was reported on Monday afternoon. Authorities are closely monitoring the situation and will issue further updates.

A tanker was attacked early Tuesday in the Strait of Hormuz off Oman. Two other ships faced assaults in the strait over the last day. The United States military conducted its tenth consecutive night of strikes on Iran. Nearly one hundred US service members have been injured since early July. Diplomatic efforts are underway to de-escalate the growing conflict.

A Chinese destroyer conducted live-fire drills near Japan's Okinotori Island early Sunday. Japan's Maritime Self-Defense Force spotted Chinese and Russian naval vessels operating together. The Chinese Luyang III-class destroyer conducted the exercise within Japan's exclusive economic zone.

The International Monetary Fund board approved $690 million for Ukraine's loan program. This funding brings total disbursements to about $2.2 billion under the existing arrangement. Ukraine maintained macroeconomic stability despite ongoing Russian attacks and war effects. However, economic outlook weakened due to infrastructure attacks and regional conflicts.

The United States is imposing a 50% tariff on many Canadian goods. This follows Canada's alleged discriminatory treatment of American cars and alcohol. The White House cited dairy systems and car quotas as reasons for the tariffs. These new tariffs will take effect on August 19. Energy and critical minerals are among the exempt Canadian products.

Protein inflation was 4.6% in May and 2.6% in January, it showed. Inflation in vegetarian protein sources also gathered pace, rising to 3.5% in June from 2.7% in May, after remaining flat in January.

Psychology says people who still send handwritten letters to people aren't avoiding technology. Research suggests this habit may reflect emotional investment, deeper communication and stronger social connection. Handwritten letters often require time, attention and personal effort. Psychology explains how writing by hand can support memory, emotional expression and meaningful relationships. Here is what psychology theories, studies and communication experts say about this behavior and the lesson

African proverb of the day highlights the saying, Born by the fire and die by the fire. The proverb explains how actions, environment, lifestyle and emotions shape a person's future. It teaches that harmful choices often return to the person who makes them, while constructive actions create better outcomes. The saying also explains consequences, fate, personal responsibility and why this traditional wisdom continues to remain meaningful in modern life.

Quote of the day by Carol Burnett reminds people that adolescence is a period filled with physical changes, emotional struggles, and self-doubt. Her famous line compares teenage life to one big walking pimple, showing that growing up can feel uncomfortable. The quote also teaches that these experiences are temporary. It encourages people to accept change, use humor during difficult times, and focus on personal growth instead of temporary challenges.

A simple coin hack can reveal if your freezer lost power while you were away. Pour water into a cup and freeze it completely before placing a coin on top. If the coin sinks, it indicates ice melted and refroze due to temperature fluctuations. This method helps assess food safety after unexpected power interruptions. Always inspect food for other spoilage signs after a potential thaw.

Somali proverb of the day: A Somali saying highlights that peace is the first step to solving conflict. Resolving small disagreements peacefully prevents larger, more complicated issues. Effective communication and compromise are essential for finding common ground. Cooperation and a willingness to listen foster paths toward resolution.

Japanese proverb of the day: Life constantly changes, requiring people to adjust their habits and approaches. This ability to adapt helps individuals navigate unexpected challenges and new responsibilities. Flexibility allows people to learn from experiences and find new ways to move forward. Environments and circumstances can significantly shape behavior and attitudes over time.

A French proverb highlights that personal experience does not define universal truth. Our understanding of the world is limited by our individual observations. True wisdom begins with acknowledging these personal perspective limitations. This timeless message encourages humility and continuous lifelong learning. Embracing curiosity leads to greater understanding and better decisions.

Chinese proverb of the day explains how people with limited ability can rise to positions of authority when there is no stronger competition or experienced leadership. The proverb highlights the importance of leadership, benchmarking, mentorship and continuous learning. Its message remains relevant in workplaces, businesses, sports, education and daily life. It reminds people to measure success against true excellence instead of comparing themselves with weak competition.

The NCLAT dismissed an appeal regarding priority payment of gratuity dues. It upheld an earlier NCLT order concerning Duncans Industries' former director. Such dues must be settled according to the company's approved resolution plan. Gratuity is a terminal benefit, not an insolvency resolution process cost. The appellate tribunal found the appeal misconceived and dismissed it.

That frozen windshield may tempt you to grab the fastest fix, but one common winter shortcut could leave you paying for a new windshield. Experts warn that clearing ice too quickly can turn tiny, invisible flaws into major cracks. A few safer winter habits can protect your auto glass, save money, and make every cold-weather drive safer.

Quote of the Day by Julie Andrews: Julie Andrews quote, Perseverance is failing 19 times and succeeding the 20th, explores the importance of resilience, patience, and determination in the journey toward success. The quote suggests that failure is not a sign of defeat but a valuable part of growth, learning, and improvement. It highlights how consistent effort and the courage to keep trying despite setbacks can eventually lead to achievement, proving that success often comes to those who refuse t

This World Cup, the first to feature 48 teams, had an average of 2.96 goals per game, making it the most prolific since 1970. Spain scored only 14 times in eight games, but they take the trophy home after silencing Lionel Messi and defeating a disappointing Argentina 1-0 at the end of extra time at the MetLife Stadium on Sunday.

Japanese mindset of the day: A Japanese saying emphasizes that kind words can be more persuasive than strong arguments. Appreciation and positive communication foster receptiveness and encourage listening. A respectful approach creates a better atmosphere for understanding different viewpoints. Harsh criticism often leads to immediate rejection of new ideas.

Vijay Singh will step down as a Sir Ratan Tata Trust trustee on August 14. His departure follows internal differences and regulatory scrutiny within the Tata Trusts. Singh cited a disquieting atmosphere after Ratan Tata's passing as a reason for leaving. He will continue as a trustee for the Sir Dorabji Tata Trust for another year. This exit occurs while the trusts face challenges with board meetings and representation.

Maharashtra charity commissioner seeks explanation from Noel Tata regarding a 1989 share transfer. The regulator will decide on an independent inquiry after reviewing the response. A trustee alleged the transfer unlawfully moved public charitable trust assets to private hands. Tata Trusts denied the allegations, calling them baseless and unsubstantiated. The commissioner directed Noel Tata to submit documents and clarify transaction aspects.

India's speciality tea market has tripled to 1,000 crore in five years. Millennials and Gen Z are driving this growth with premium tea preferences. Rising health awareness and unique origin stories fuel this emerging trend. Companies are focusing on higher-value products, increasing accessibility through e-commerce. This shift represents a conscious lifestyle choice for younger consumers.

Quote of the day by William Ernest Henley reminds readers to embrace life with courage, purpose, and action. The line, Life life let there be life!, encourages people to face challenges instead of avoiding them. The quote reflects Henley's own struggles with illness and his belief in resilience. His words continue to inspire people to participate fully in life, overcome difficulties, and shape their own future through determination.

Farooq Abdullah, the president of Jammu and Kashmir's National Conference, spearheaded a protest in Delhi on Monday at J&K House. The gathering, which occurred on the first day of the Parliament's monsoon session, saw participants fervently advocating for the immediate restoration of statehood to the Union Territory. They implored the central government to respect its prior commitments made to both Parliament and the judiciary.

Japanese Proverb of the Day highlights the meaning of After victory, tighten your helmet strap. The saying reflects the importance of humility, preparation, and continued effort even after achieving success. It suggests that victory should not lead to overconfidence or carelessness, as new challenges can appear at any time. The proverb reminds us that maintaining discipline, staying alert, and continuing to improve are essential for long-term success. Rather than viewing achievements as the end

The Supreme Court will direct CBSE to change APAAR ID consent forms. Parents must be allowed to refuse consent or opt out of the scheme. The court will also address concerns over student data protection and storage. This follows a petition challenging the APAAR ID scheme's validity. Strict compliance with the data protection act will be ensured.

Quote of the day By Susan Hayward: Susan Hayward's early life was marked by poverty and hardship. Movies provided an escape and inspired her ambition for financial success. She became a determined woman who pursued her dreams relentlessly. Hayward achieved significant success in Hollywood, earning an Academy Award.

The Supreme Court upheld a Delhi High Court ruling quashing tenders for consular services. This decision impacts Indian missions in Abu Dhabi and Kuwait. The court directed that services must continue uninterrupted during fresh tender processes. Existing bidders may be engaged to ensure seamless operations. The government's plea challenging the high court's judgment was dismissed.

The Supreme Court cautioned against politicizing the Ayodhya Ram Mandir funds embezzlement case. A three-member bench will ensure a proper investigation into the alleged financial irregularities. The Uttar Pradesh government stated a Special Investigation Team is probing the matter. Petitioners seek accountability and preservation of donation receipts for transparency. The court will examine the investigation aspect and posted the matter for July 27.

The Parliament's monsoon session kicked off with significant unrest as opposition members disrupted the Lok Sabha. Protests over paper leaks and various concerns led to multiple adjournments of the proceedings. Law Minister Arjun Ram Meghwal took the floor to introduce a bill aimed at enhancing the Supreme Court's judge count. However, persistent protests from opposition members forced the House to adjourn for the day.

Thousands of students protested in Delhi over alleged examination paper leaks. Police used tear gas and barricades to stop their march towards Parliament. Union minister J P Nadda met with protest leaders for discussions on their demands. The day-long agitation disrupted traffic and led to Parliament adjournments. Protesters stated the agitation would continue until their demands are met.

Outward foreign direct investment commitments dropped by 48 percent in June. Equity commitments also saw a substantial decrease compared to the previous year. Debt and guarantee issuances by Indian entities overseas also declined during the month. These provisional figures were released by the Reserve Bank of India. ONGC Videsh Rovuma made the largest equity investment in Mozambique.

Quote of the day by Kevin Keegan message offers a practical roadmap for living with greater joy and purpose. Approaching every opportunity with enthusiasm creates richer experiences. Letting go of regret frees emotional energy for new possibilities. Together, these habits encourage a life focused on growth rather than limitation. In today's fast-changing world, where uncertainty has become part of everyday life, Keegan's timeless wisdom reminds us that happiness often depends less on perfect cir

Tripura Director General of Police Anurag Dhankar was discovered hanging in his chamber bathroom. He was promptly transported to a hospital where doctors pronounced him deceased. Doctors confirmed his death after examining his vital signs and sent the body for a post-mortem. Dhankar, a 1994-batch IPS officer, assumed charge as DGP last year. He previously served as DGP for Intelligence in Tripura.

West Bengal will mandate Bengali for all government departments starting September 1. Official communication, including citizen services and digital platforms, will use the Bengali language. This directive applies to all administrative levels across the state. Translators and necessary resources will be arranged by the government. Bengali and Hindi will be used for communication with the central government.

Bangladesh Army chief General Waker-Uz-Zaman is visiting Turkiye to enhance military training partnerships. He is exploring local military hardware, including artillery systems and drones. This visit follows Turkish foreign minister Hakan Fidan's recent trip to Dhaka. Both nations aim to strengthen defense and foreign minister-level cooperation. Turkiye seeks to upgrade its defense ties with Bangladesh, with Pakistan's support.

India states the Indus Waters Treaty needs renegotiation due to Pakistan's inaction. Pakistan has failed to utilize its water share and manage it effectively. India does not recognize the Court of Arbitration or its recent awards. Pakistan has made a mockery of the treaty's arbitration framework. India seeks renegotiation due to changing climate and demographic realities.

Japanese Mindset of the Day highlights the meaning of Shin-Gi-Tai. The philosophy reflects the importance of balancing mind, skill, and body to achieve personal growth, excellence, and inner harmony. It suggests that true success is not achieved through talent or strength alone but through the combination of mental discipline, continuous learning, and physical well-being. The concept teaches that a strong mindset, refined abilities, and a healthy body work together to help individuals overcome c

Japanese Mindset: The Japanese philosophy of Oubaitori encourages individuals to stop comparing their life journeys. This mindset teaches that everyone blossoms in their own unique season and way. Modern life often fuels comparison through social media highlights and achievements. Oubaitori reminds us that each person grows under different circumstances and timelines. Focusing on personal progress fosters self-worth and a richer life experience.

John Healey, a former defence minister, has been appointed finance minister by new Prime Minister Andy Burnham. Healey previously served as a junior minister in the Treasury department under Gordon Brown. He had advocated for increased defence spending, which contributed to Starmer's departure. Analysts reacted positively to Healey's appointment, noting his Treasury experience. This move suggests Burnham respects market checks on his policy initiatives.

Quote of the day by Greer Garson: Actress Greer Garson believed money should not drive career decisions. She advised focusing on natural talents and developing skills for success. Garson, known for strong female roles, won an Academy Award for Mrs. Miniver. She received seven Oscar nominations and supported theatre students.