The Economic Times

Charlie Munger, Berkshire Hathaway's vice-chairman, identified five key areas where people seeking wealth often falter. He emphasized saying no to complexity over clarity, compromised ethics, broken systems and bad partners, speculation and gambling, and isolated facts without a thinking framework. Munger believed discipline and restraint were crucial for building lasting wealth.

India achieved a current account surplus of $4.7 billion in April. This positive shift was driven by increased inward remittances. The services sector also saw a surplus. However, the capital account turned deficit as foreign investors withdrew funds. Despite this, foreign direct investment saw a significant rise. Exporters have adapted to the global economic situation.

India and Slovakia elevate ties to a comprehensive partnership. A rival tutor accuses Khan Sir of murder. Delhi census Phase 1 records over 2.3 crore people. US manufacturing output remains unchanged. France and UK seek Hormuz deployment if a US-Iran ceasefire holds. Neeraj Chopra returns to action at the Doha Diamond League. Global drugmakers boost US presence amid tariff threats.

Arunachal Pradesh Chief Minister Pema Khandu inaugurated a new Bamboo and Cane Technology Centre. with an aim to transform the state's bamboo resources into valuable products. It will create jobs for local youth and artisans. The centre will foster innovation and skill development.

Dia Mirza's assertion on a podcast that patriarchy is the cause of climate change has sparked a heated online debate. While critics argue her statement oversimplifies a complex global crisis and unfairly blames men, supporters contend she was referencing historical power structures and initiating a broader discussion on gender and accountability.

Portuguese proverb of the day: This timeless wisdom reveals a powerful truth often missed in modern life. Real happiness grows through observation, gratitude, and learning. Every experience teaches. Every moment matters. Great life lessons hide in ordinary days. Those who appreciate the world deeply often gain lasting wisdom, inner peace, resilience, and purpose.

India's trade with West Asia faced disruptions in May due to the US-Iran conflict. Exports saw a slight dip but are recovering. Imports also declined significantly. The conflict impacted shipping routes like the Strait of Hormuz. Despite challenges, Indian exporters are utilizing Omani ports. A peace deal between the US and Iran is anticipated to ease trade further.

Quoting a statement issued by the Paksitan military's media wing, the Inter-Services Public Relations (ISPR), Dawn reported that the aircraft was on a routine training sortie when it crashed. The accident claimed the lives of Flight Lieutenant Muhammad Qasim Abdullah from the PAF and Lieutenant Taha Abbasi from the Pakistan Navy.

Sikh clergy at Akal Takht declared Punjab Chief Minister Bhagwant Mann 'Guru Dokhi' and 'Khalsa Panth Virodhi'. This follows accusations of lying about an objectionable video. All Sikh MLAs and the Punjab Cabinet are summoned on June 29. The clergy stated forensic reports confirmed the video's authenticity. The Akal Takht also raised concerns about an anti-sacrilege law.

The U.S. Supreme Court has refused to hear Tata Consultancy Services' appeal. This upholds a $168 million award against Tata. DXC Technology had sued Tata for allegedly stealing trade secrets related to life-insurance software. A jury initially proposed $210 million. A judge reduced this to $168 million. The appeals court also supported this decision. Tata argued the damages were unjustified.

Netflix has cancelled the popular legal drama The Lincoln Lawyer. The show, based on Michael Connelly's novels, will not return for a fourth season. This decision has left fans disappointed, especially as the third season ended with unresolved storylines. Reports suggest viewership trends, production costs, and Netflix's content strategy influenced the cancellation.

African proverb of the day: Success is built through gradual learning and persistence, much like a child learning to stand by crawling. Every accomplishment begins with small steps, and mistakes are essential parts of growth. Meaningful progress requires consistent effort and patience, as small improvements over time lead to remarkable results.

US factory production remained flat in May. This unexpected result followed a strong April. Output of long-lasting goods like vehicles rose. However, production of items such as food and textiles fell. This mixed performance indicates a pause in manufacturing growth. The Federal Reserve reported these figures on Monday.

A significant agreement to end the war in Iran and reopen the vital Strait of Hormuz is anticipated this week. US Vice President JD Vance expressed optimism for the deal's release. Negotiations are ongoing to finalize details, with expectations that the Strait will remain open without tolls. This breakthrough offers relief to global markets.

Sleeping with the lights on is rarely an arbitrary habit. Psychology suggests that everyday behaviors often serve as clues to deeper emotional needs rather than simple labels. The real story is not the light itself, but what that light may symbolize for the person relying on it.

Richard Bach's famous butterfly quote offers a profound perspective on life's challenges. It suggests that what appears to be an ending, like a caterpillar in a cocoon, is actually the start of a beautiful transformation. This wisdom encourages readers to trust the process of change, understanding that difficult moments can lead to personal growth and new beginnings.

India's unemployment rate climbed to a high in May. Rural joblessness saw a significant rise, reaching a 12-month peak. Urban unemployment eased slightly, particularly for women. Labour force participation and employment rates also saw a moderation. Youth unemployment edged up. These shifts suggest a softening in labour market conditions.

Turkish proverb of the day reveals a timeless truth about success, resilience, and personal growth. This ancient wisdom shows that every meaningful achievement demands courage, patience, and the willingness to face challenges. This life lesson reminds us that greatness is never found in comfort alone. It grows through brave choices, smart decisions, and persistent effort.

The two leaders also agreed to work towards the earliest implementation of the India-European Union free trade agreement that is expected to significantly shore up the bilateral economic engagement.

As summer heat intensifies, Chef Kunal Kapur shares a refreshing jamun sharbat recipe. This simple yet delicious drink, made with fresh jamuns, sugar, and spices, offers a perfect way to stay cool and hydrated. The recipe involves boiling, mashing, and straining the fruit to create a tangy and flavourful beverage.

India's Defence Research and Development Organisation has successfully tested its indigenously developed Long Range Land Attack Cruise Missile. The missile was launched from Dr APJ Abdul Kalam Island off the coast of Odisha. All test objectives were met. This development showcases India's growing indigenous defence capabilities. Senior officials from DRDO, Indian Navy, and Indian Air Force witnessed the successful test.

Indian climate tech funding saw a massive jump. Investments are now focused on electric vehicles, renewable energy, and infrastructure for energy transition. This shift is driven by a need for energy security, with government schemes supporting these sectors. Investors are backing companies ready for large-scale deployment, creating a strong investment case.

The proposed alliance will combine Jabil's engineering and advanced manufacturing capabilities with Adani Group's infrastructure, green energy, logistics and data centre assets to address growing demand for AI data centre infrastructure, the companies said.

Michelle Obama Josh Hokit: UFC fighter Josh Hokit made a controversial statement about Michelle Obama after winning at UFC Freedom 250. The comment, made on the White House lawn, quickly went viral. This remark overshadowed his victory and drew widespread reactions online. Joe Rogan's brief interview conclusion also gained attention. Hokit has a history of provocative statements.

Short inspirational spiritual quote by Ram Dass: Ram Dass, renowned for his book 'Be Here Now,' emphasized the profound power of silence. His quote encourages deeper listening beyond words, fostering intuition and self-awareness. This timeless wisdom, rooted in Eastern traditions, offers a path to mindfulness and inner peace amidst life's clamor.

France and Britain are proposing a multinational naval mission for the Strait of Hormuz. This plan aims to secure shipping routes should a ceasefire between the US and Iran occur. Several European nations are considering participation. The mission would focus on defensive tasks like escorting vessels and mine clearing. G7 leaders will discuss the proposal to stabilize global energy flows.

The Nationalist Citizens Party of India, NCPI, a little-known outfit with just Rs 75 cash, is now in the national spotlight. Twenty dissident Trinamool Congress MPs announced their merger with the NCPI. This move could make the NCPI a significant force in the Lok Sabha. The party registered in January 2023 and had minimal financial activity.

Karnataka Home Minister Priyank Kharge has written to RSS chief Mohan Bhagwat requesting the organisation to register formally and disclose its finances. Kharge also asked the RSS to pay taxes and operate transparently.

June's heat and humidity demand careful indoor plant care. Adjust watering by checking soil moisture, manage sunlight with indirect light, and maintain humidity levels. Keep leaves clean, control indoor temperatures, and repot if necessary to ensure your plants thrive through the warmer months.

In Jaipur, a vigorous protest ignited over the troubling issues of NEET paper leaks and rising unemployment. Among the chaos, Abhijeet Dipke, the leader of the Cockroach Janta Party, reportedly faced aggression from protestors while being paraded by his supporters. Law enforcement quickly stepped in, resulting in the detention of two young men.

Most people hear the name Richard Feynman and immediately think of genius. They imagine a man born with an extraordinary mind, someone destined from childhood to reshape modern physics. Yet the real story is far more surprising. Feynman himself often rejected the idea that he possessed some magical intellectual gift. What separated him from others was not an impossibly high IQ. It was a simple daily mental habit that he practiced relentlessly.

The most important takeaway is that intelligence cannot be reduced to a single score or trait. It is a complex combination of different abilities that work together in unique and often imperfect ways. Everyday tasks should not be treated as a universal test of intelligence, because struggling with something as simple as tying shoelaces does not mean a person lacks capability or potential.

For decades, river restoration has focused on returning waterways to conditions that existed before dams, weirs and large-scale human intervention. But new research suggests fish living in altered rivers may already be adapting to those environments. The findings raise a new challenge for conservationists: if fish populations are evolving in response to human-made rivers, restoring habitats alone may no longer be enough.

Football fans in India are experiencing significant technical problems with ZEE5's 2026 World Cup broadcasts. Complaints include buffering, app crashes, and poor video quality. Many viewers are frustrated with the service, especially after paying for a World Cup package. ZEE5's ability to resolve these issues will impact its standing in India's sports broadcasting market.

A 1929 discovery in China changed human evolution studies. Pei Wenzhong found the Peking Man skullcap. This fossil proved early humans lived in East Asia much earlier than thought. It became a key piece of evidence for Homo erectus. Zhoukoudian is now a major prehistoric site. The find continues to influence understanding of our ancestors.

Greek proverb of the day: Success rarely stems from intention alone; meaningful results demand action and effort. A Greek proverb illustrates that excessive caution or hesitation, like a cat wearing gloves, prevents achieving goals. Taking decisive action and fully engaging with challenges are crucial for accomplishment.

Psychologists have identified a growing pattern often referred to as self-protective detachment. In todays dating landscape, emotional reserve is frequently seen as an advantage, with people often encouraged to appear mysterious, self-sufficient and emotionally distant rather than openly vulnerable.

Indian businesses are preparing for a surge in Middle East demand following a peace agreement. Companies are increasing production and securing shipping capacity. This move aims to revive exports disrupted during the conflict. FMCG firms, carmakers, and construction equipment manufacturers are all scaling up operations. Lower freight costs are expected to benefit consumers and boost margins for exporters.

Barron Trump made a rare public appearance after four months at a historic UFC event on the White House lawn. The 20-year-old NYU student, sporting longer wavy hair and a smart blazer, joined his parents, President Donald Trump and Melania, for the star-studded spectacle.