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The Economic Times

Top News / The Economic Times

5,100 employees won't get salary hikes as Tech CEO says company is spending on AI instead

Cloud software company Teradata has decided to freeze annual salary increases for its 5,100 employees in 2026 as it redirects those funds towards expanding its artificial intelligence capabilities. The move underscores the growing competition in the AI race, with companies prioritising technology investments to drive future growth. While employees may still be eligible for performance-based bonuses and other incentives, their fixed salaries will remain unchanged during the year.

4 Jun 2026 8:56 pm
Quote of the day by Marcus Aurelius: 'Let not your mind run on what you lack as much as on what you...' - motivational life lessons on gratitude, overcoming envy and secret to finding joy in what you already have by Stoic philosopher king and Meditations author

Quote of the day by Marcus Aurelius: The Roman Emperor advised focusing on present blessings rather than what is lacking. His Stoic philosophy, detailed in 'Meditations,' emphasizes gratitude and managing one's perspective for inner peace. This timeless message encourages appreciating existing joys and fosters personal growth by balancing ambitions with contentment.

4 Jun 2026 8:51 pm
Quote of the Day by famous American transcendentalist writer Henry David Thoreau: 'How vain it is to sit down to write...' Walden author's timeless reminder that life must be experienced before it is explained

Henry David Thoreau, a profound American thinker, championed experiencing life directly over mere observation. His philosophy, rooted in Transcendentalism, stressed individuality and intuition, urging people to connect with themselves and nature. Thoreau's Walden experiment exemplified this, proving that true wisdom and meaningful creation stem from active living, not just contemplation, a message still vital today.

4 Jun 2026 8:42 pm
Bihar: Khan Sir coaching guards detained over firing during vandalism

Bihar Police detained two security guards of Khan Global Studies Institute after a video surfaced showing them firing shots. This follows an incident where unidentified individuals vandalized the coaching center. Police have registered a case and are investigating, also arresting three people, including a rival coaching center director.

4 Jun 2026 8:41 pm
Owner, broker dispute leads to Rs 70,000 loss for tenants: Renters forced to vacate the property near DLF Gurgaon even after paying rent

Three tenants in Gurgaon faced eviction from their rented flat. They claim to have lost 70,000 after paying rent and a security deposit to an intermediary. The actual owner arrived, stating rent was not passed on. Tenants are now seeking legal recourse after the intermediary refused refunds. The situation has sparked online discussions and advice.

4 Jun 2026 8:40 pm
The spy who hired me: Chinese agents hunt for secrets on LinkedIn

Chinese intelligence is now using professional networking sites and job portals to find and recruit people with access to sensitive data. This new digital approach targets governments, militaries, and industries across the West. Recruiters pose as consultants, offering paid research assignments. This sophisticated operation exploits online information, blending social engineering with commercial cover identities.

4 Jun 2026 8:39 pm
Sadhguru reveals the superfood women should eat daily, says the ancient millet is the most female-friendly cereal

Spiritual leader Sadhguru has highlighted ragi (finger millet) as a highly beneficial cereal for women, particularly in combating anemia and bone weakness due to its rich calcium and iron content. This nutrient-dense millet is also recommended as a cooling summer food, offering digestive and gut health advantages. The article suggests incorporating ragi into the diet through various traditional dishes.

4 Jun 2026 8:34 pm
Quote of the day by Leo Tolstoy: 'Respect was invented to cover the empty place where...' Life lesson on love and relationships from Russian writer & philosopher

Leo Tolstoy quote meaning: Leo Tolstoy's quote suggests that respect can sometimes mask the absence of love, highlighting that while respect is essential in any relationship, it cannot fully replace genuine affection and emotional connection. The quote encourages readers to reflect on the difference between politeness and true care, emphasising that the strongest relationships are built on both love and respect. Ultimately, it serves as a reminder to nurture meaningful emotional bonds rather tha

4 Jun 2026 8:27 pm
Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial development

The Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the Polavaram project. Decisions also covered land allotments for renewable energy and industrial ventures, alongside the development of the Amaravati Eye tourism initiative.

4 Jun 2026 8:25 pm
Pune woman says family of three spends 2.2 lakh a month despite owning EV and cooking at home

A Pune family of three revealed their monthly expenses total 2.2 lakh, sparking debate on living costs. Despite owning an EV and cooking at home, rent, daycare, and a home loan EMI contribute significantly to their budget. The woman clarified that the EMI is for an under-construction property, and daycare costs reflect local rates.

4 Jun 2026 8:23 pm
SCs draft rules allows AI in courts, bar it in decision-making

The Supreme Court has proposed new rules for artificial intelligence in courts. These rules allow AI for tasks like legal research and drafting. However, AI will not be used to decide court cases. Judges will remain the sole decision-makers. Lawyers must disclose AI use in their filings. This framework aims to enhance efficiency while upholding judicial authority and due process.

4 Jun 2026 8:20 pm
Quote of the Day by Arthur Schopenhauer: The doctor sees all the weakness of mankind; the lawyer all the The hidden truth behind human weakness, wickedness, and stupidity reveals why the German philosopher's warning still feels uncomfortably accurate today

Quote of the Day: The quote serves as a call for greater self-awareness. People often devote considerable energy to judging others without recognizing how their own experiences, beliefs and circumstances shape their perspective. Arthur Schopenhauer reminds us that our view of the world is rarely objective; it is deeply influenced by the position from which we observe it.

4 Jun 2026 8:18 pm
DMK likely to skip INDIA bloc meeting on June 8 in Delhi

The Dravida Munnetra Kazhagam (DMK) is reportedly set to skip the INDIA bloc meeting on June 8 in New Delhi. This comes after a significant political shift in Tamil Nadu, where the Congress recently ended its alliance with the DMK. The meeting aims to strategize against the BJP and reinforce opposition unity.

4 Jun 2026 8:15 pm
Quote of the Day by Khalil Gibran: If you love somebody, let them go, for if they return, they were The world renowned Lebanese American writers timeless lesson on love, trust and the power of letting go in relationships

Quote of the Day by Khalil Gibran: Khalil Gibrans quote, If you love somebody, let them go, for if they return, they were always yours. If they dont, they never were, explores the deeper meaning of love, trust, and emotional freedom in relationships. The quote suggests that true love is not about possession or control, but about acceptance, faith, and allowing space for individuality.

4 Jun 2026 7:57 pm
Trump says he will nominate Todd Blanche as US Attorney General

Amidst shifts in the Justice Department's hierarchy, President Donald Trump is set to nominate Todd Blanche as the new Attorney General. Blanche, who is already stepping in as the acting leader of the department, replaces Pam Bondi following her dismissal.

4 Jun 2026 7:50 pm
Chinese proverb of the day: 'It is easier to know how to do a thing than to...' - inspiring life lessons on turning knowledge into results, overcoming procrastination to take action, discipline, effort and insights on why many people struggle to reach their goals

Chinese proverb of the day: Understanding what to do is easier than actually doing it. This ancient Chinese wisdom highlights the gap between knowledge and action. Many people know how to improve their lives but struggle with execution. Consistent effort and discipline are key to turning knowledge into results.

4 Jun 2026 7:37 pm
Marjane Satrapi death: Persepolis author who chronicled life during & after Iran's revolution dies at 56; Family says she passed away 'of sadness'

Marjane Satrapi death reason: Marjane Satrapi, the acclaimed author of Persepolis, has passed away in Paris at the age of 56. Her work brought Iranian experiences to a global audience. Satrapi was a strong advocate for freedom and women's rights. Her death follows the passing of her husband.

4 Jun 2026 7:36 pm
4 Jun 2026 7:33 pm
How much money is enough? Doctor explains why a Gurgaon man earning 40 lakh and driving a BMW feels poor

A doctor shared the story of a BMW-driving professional earning 40 lakh annually who feels poor, highlighting how shifting lifestyles and rising expectations, not just income, redefine perceptions of wealth. This modern poverty stems from a widening gap between achievements and tenfold increased expectations, leading to a lack of meaning beyond finances.

4 Jun 2026 7:32 pm
'I don't have the courage for a retest, sorry Mummy-Papa': NEET aspirant's heartbreaking note found days after suicide

A NEET aspirant's suicide in Nagpur has been linked to the exam's cancellation. A note revealed her fear of retaking the test, stating she lacked the courage and was uncertain about repeating her initial performance. Her family noted a significant change in her behavior after the cancellation.

4 Jun 2026 7:29 pm
Life Advice of the day by Tina Fey: 'Youre not in competition with other women...'-The Mean Girls star's golden advice that changes how we see successs

Tina Fey advises that true competition lies not with other women, but with oneself. Her career exemplifies this, as she forged her own path in comedy by focusing on personal growth and skill. This mindset encourages individuals to strive for self-improvement rather than engaging in detrimental comparisons.

4 Jun 2026 7:27 pm
Dharavi to become a smart city: HSBC says Asia's largest slum could soon have metro stations, green spaces & 125,000 new homes

Dharavi's massive redevelopment project, a joint venture between the Maharashtra government and Adani Group, aims to transform the Mumbai slum into a smart city. The initiative involves rehabilitating over 125,000 homes and creating a multi-modal transport hub, public spaces, and significant infrastructure improvements.

4 Jun 2026 7:20 pm
World Environment Day 2026: Know the date, history, significance, theme and global importance

World Environment Day, observed annually on June 5, underscores the shared responsibility of planetary protection and the urgent need to address climate change. The 2026 observance will be hosted in Baku, Azerbaijan, with the theme Now For Climate, aiming to inspire global action and sustainable practices for a healthier Earth.

4 Jun 2026 7:18 pm
Arunachal capital erupts over illegal settlers

Arunachal Pradesh authorities have acted against fifteen unauthorized mosque structures in the capital region. The Arunachal Pradesh Indigenous Youth Organisation had raised concerns, leading to the sealing or vacation of twelve structures. The remaining three were also sealed after a review meeting. The government assures ongoing efforts to address demographic concerns and protect indigenous rights.

4 Jun 2026 7:15 pm
New OTT releases this week (June 2026): What's new on Netflix, Zee5, SonyLIV, JioHotstar, Apple TV+ & more

This week's streaming slate is packed with diverse releases. Madhuri Dixit returns in 'Maa Behen' on Netflix, while Karisma Kapoor makes her OTT debut in Zee5's 'Brown'. SonyLIV brings back the beloved 'Gullak' for its fifth season. Viewers can also anticipate new thrillers, comedies, and documentaries across major platforms, promising entertainment for all tastes.

4 Jun 2026 7:10 pm
Karnataka CM defends Bharat Jodo clubs, BJP calls its to help Congress workers line their pockets

The Karnataka government is gearing up to establish a network of 10,000 Bharat Jodo Associations, with each receiving a generous grant of Rs 10 lakh. These associations aspire to attract the youth toward a vibrant mix of sports, arts, and cultural endeavors, promoting not only fitness but also creativity and community bonding.

4 Jun 2026 7:09 pm
FIFA reveals World Cup 2026 opening performers after 18-track official album drop: Artists lineup & full tracklist here

FIFA World Cup 2026 opening ceremony performers: FIFA has released the official 18-track album for the 2026 World Cup, featuring global artists like Shakira, Burna Boy, Stormzy, The Rolling Stones, LISA, Anitta, and more. The project includes cross-genre collaborations spanning continents and languages, with six tracks already out and the full album available for pre-save ahead of the tournament kickoff.

4 Jun 2026 7:08 pm
Life advice of the day by Oscar-winning actress Lupita Nyong'o: Go where you are loved. People who see the Inspiring lessons on relationships, encouragement, personal growth, success and why walking away from negativity matters by by the 12 Years a Slave and Black Panther star

Life advice of the day by Lupita Nyong'o: Lupita Nyongos life advice, Go where you are loved. People who see the best in you bring out the best in you, highlights the importance of choosing environments and relationships where one is genuinely valued and supported. The Oscar-winning actress emphasizes that success and happiness are deeply influenced by the people who recognize your worth and encourage your growth.

4 Jun 2026 7:03 pm
IIM alumnus travels to Pune to hand over first salary in cash to parents, their reaction melts internet

An IIM graduate surprised his parents in Pune by presenting his first salary in cash. Ashwajeet Kamble recreated a cherished memory of his father. The emotional gesture resonated with many online. Viewers acknowledged the sacrifices parents make for their children's education. The act highlighted the value of tangible moments in celebrating milestones.

4 Jun 2026 6:58 pm
Inside Lalit Modis lavish London house: A look at the IPL founders 5-storey mansion

Lalit Modi, the architect of the Indian Premier League, has transformed cricket's economics and entertainment value. He resides in a lavish five-storey mansion in London's Belgravia-Chelsea, boasting a private elevator and an extensive collection of cricket memorabilia, reflecting his passion for the sport.

4 Jun 2026 6:56 pm
US jobless aid filings, a proxy for layoffs, rise to 225,000 last week but remain historically low

Jobless aid applications increased by 13,000 to 225,000 last week, exceeding forecasts but remaining historically low. This figure serves as a key indicator of U.S. layoffs amid economic uncertainty. Meanwhile, the total number of Americans receiving unemployment benefits saw a slight decrease.

4 Jun 2026 6:43 pm
What if your AC could reveal its true monthly cost & detect faults before they turn into expensive repairs? Startup explains how it can

Helium Air, a new AC startup, is challenging established brands like Voltas and LG by focusing on transparency and technology. The company offers a connected app providing detailed insights into energy consumption and machine health, aiming to build customer trust through direct access to performance data and early problem detection.

4 Jun 2026 6:40 pm
Bitcoin (BTC USD) and Ethereum (ETH USD) drag crypto market cap down to $2.24 trillion in brutal selloff - here's what traders need to know

Crypto market crash today: The crypto market is experiencing a significant downturn, with total market capitalization falling to $2.24 trillion. Bitcoin and Ethereum are leading the decline, impacting altcoins and the broader DeFi sector. Heavy liquidations and a Fear sentiment in the market are contributing to sustained selling pressure.

4 Jun 2026 6:38 pm
'People only see K-dramas': Indian woman reveals reality of working in South Korea, says 'don't come'

An Indian woman working in South Korea shares her challenging workplace experience. She advises prospective Indian job seekers to reconsider moving to South Korea. Intense competition and fewer job opportunities make it difficult for foreigners. Many leave after one-year contracts due to a lack of job satisfaction. Long working hours and unspoken workplace rules are significant hurdles.

4 Jun 2026 6:32 pm
Quote of the day by Franklin D. Roosevelt: 'Men are not prisoners of fate, but only prisoners of...' Life lessons on success, human nature and inner peace by 32nd president of the United States

Quote of the Day by Franklin D. Roosevelt continues to inspire people across generations. The statement, Men are not prisoners of fate, but only prisoners of their own minds, highlights the power of thought, self-belief, and personal responsibility. The quote remains relevant in discussions about success, human nature, decision-making, and inner peace. It encourages people to overcome mental barriers and take control of their lives through action and positive thinking.

4 Jun 2026 6:32 pm
Nancy Guthrie case update: Disappearance mystery deepens, as reported $500,000 private investigation claim faces fact check here's what we know so far

Reports claim Savannah Guthrie spent $500,000 on private investigators for her missing mother, Nancy Guthrie, but this remains unconfirmed. NewsNation's Brian Entin could not verify the figure, though frustration over the investigation's pace is acknowledged by Sheriff Chris Nanos. The case is active, with investigators continuing to pursue leads.

4 Jun 2026 6:27 pm
Shreyas Iyer to be India's T20 captain after Suryakumar Yadav? All about the captaincy race & why Tilak Varma and Ishan Kishan can't be ignored

Suryakumar Yadav captaincy: India's T20 captaincy could be set for a change, with reports suggesting that Suryakumar Yadav is facing the possibility of losing the role. According to PTI, Shreyas Iyer has emerged as the leading candidate to take over the captaincy, amid growing scrutiny of Suryakumar's recent batting form despite India's successful ICC T20 World Cup 2026 campaign. Reports also suggest that the selectors are assessing leadership options ahead of India's upcoming T20I assignments a

4 Jun 2026 5:55 pm
French jets intercepted Russian aircraft 11 times over a week in Baltics

French warplanes were scrambled 11 times last week during NATO's Baltic Air Policing Mission, intercepting Russian military aircraft. These incursions, described as provocations, involved planes flying without flight plans or radio contact, including armed fighter jets. The unusually high number of incidents follows drone incursions, raising fears of spillover from the Ukraine war.

4 Jun 2026 5:53 pm
Lost 15 kg without extreme diets: Influencer shares 5 simple habits that actually work

Fitness influencer Disha Maggu revealed her go-to strategies for losing 15 kilograms, emphasizing consistency over extreme diets. Her approach includes prioritizing walking and stairs, starting the day with water, and ensuring adequate fiber intake. Maggu also advocates for homemade meals and maintaining a calorie deficit through mindful eating and portion control.

4 Jun 2026 5:47 pm