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The Economic Times

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Why is Daryl Morey leaving Philadelphia 76ers? Has president of 76ers basketball operations been sacked? Check real reason

Daryl Morey joined the 76ers in 2020 following 13 years as the general manager of the Houston Rockets.

13 May 2026 7:15 am
Trump says stopping Iran's nuclear program outweighs Americans' economic pain

President Trump stated that Americans' financial struggles are not a factor in his decision-making regarding Iran, emphasizing that preventing Tehran from acquiring a nuclear weapon is his sole priority. This stance comes as rising energy costs linked to the conflict contribute to inflation and voter concerns ahead of the midterm elections.

13 May 2026 7:14 am
Gold Price today: Will gold rate crash on Wednesday? Donald Trump holds key

Gold rate today: Reopeing of Strait of Hormuz and lasting peace in Iran will play pivotal role in dictating gold price.

13 May 2026 7:08 am
Indias economic strength defies foreign outflow fears, S&P Says

S&P Global Ratings said India is coping with global financial pressures better than headline data indicate, adding that concerns over foreign investment outflows are overstated. The agency said India has enough buffers to manage a wider current-account deficit caused by rising oil prices.

13 May 2026 7:06 am
U.S. Stock Market on Wednesday: Dow Jones, S&P 500, Nasdaq to bounce back or Wall Street crash is happening? Check important factors

U.S. Stock Market: U.S. dollar advanced for a second straight session after the economic data and amid uncertainty over the durability of the U.S.-Iran ceasefire.

13 May 2026 6:57 am
Quote of the day by Friedrich Nietzsche: 'All things are subject to interpretation, whichever interpretation prevails at a given time is...' - life lessons by German philosopher on understanding interpretation, power and why truth depends on perspective

Quote of the day by Friedrich Nietzsche: Friedrich Nietzsche's philosophy posits that interpretation, not objective truth, shapes our understanding of reality. What prevails as truth is often a function of power, with dominant narratives molded by societal institutions and authorities. This perspective encourages critical thinking about how versions of reality are framed and accepted.

13 May 2026 6:53 am
With ceasefire talks stalled, Trump and Hegseth claim 'control' over Iran and Strait of Hormuz

Kuwait alleges Iran attempted an attack on Bubiyan Island. This incident occurs as U.S. President Trump visits China. Tensions are high in the Persian Gulf. Israel has deployed air defense to the UAE. The Strait of Hormuz remains a critical point of contention. Norway reports stranded vessels due to shipping disruptions.

13 May 2026 6:50 am
US Court halts order finding new Trump tariffs unlawful for now

A federal appeals court has put a hold on a ruling that found President Donald Trump's global tariffs unlawful. This means importers will continue to pay the 10% tariffs for now. The court is considering the administration's request to keep collecting the levies while it appeals the decision. This pause creates uncertainty for businesses.

13 May 2026 6:34 am
Trump set to meet with Xi in Beijing as war and inflation weigh on his presidency

President Donald Trump is in Beijing for a state visit with Chinese leader Xi Jinping. The leaders will discuss trade, aiming to sign deals for American food and aircraft. They will also address differences through a new Board of Trade. The status of Taiwan and potential weapons sales are major topics. Trump expressed optimism for a strong U.S.

13 May 2026 6:26 am
Why S&P 500, Nasdaq dropped while Dow Jones gained today - US stock market mixed close explained

S&P 500, Nasdaq and Dow Jones on May 12: US stocks closed mixed as tech momentum cooled amid rising energy prices and fresh inflation data. The S&P 500 and Nasdaq dipped, while the Dow Jones edged higher. West Texas Intermediate crude jumped on US-Iran tensions, and April's CPI rose to its highest level since May 2023, signaling continued consumer pressure.

13 May 2026 6:23 am
U.S. Stock Market IPO: KKR-backed ambulance giant GMR makes debut raises $478.7 million, down from originally proposed $797.9 million

U.S. IPO: Emergency medical services provider GMR Solutions slashed the valuation target of its U.S. initial public offering to about $3.3 billion from $5 billion, as investors remain selective about new listings.

13 May 2026 6:22 am
Donald Trump-Xi Jinping meeting date, venue: Key takeaways, highlights, what to know

Donald Trump is scheduled to arrive in Beijing on Wednesday ahead of his meetings on Thursday and Friday. Trup and Xi Jinping are due to visit the Temple of Heaven on Thursday, according to the White House.

13 May 2026 6:01 am
Quote of the day by Aristotle: 'Love is composed of a single soul inhabiting...' - life lessons on love, unity, relationships and why emotional bonds go beyond physical attraction by father of logic and founder of the Lyceum

Quote of the day by Aristotle: The ancient Greek philosopher, defined love as a single soul inhabiting two bodies. This concept highlights deep emotional unity and understanding between individuals. It emphasizes that true love allows for individuality while fostering a strong, shared connection.

13 May 2026 6:00 am
Where is Melania Trump? U.S First Lady is not travelling to China accompanying Donald Trump

US President Donald Trump told the media that among the several items for discussions with China, trade would be a key focus area.

13 May 2026 5:40 am
Jason Collins cause of death explained: Former NBA center and first openly gay player dies at 47 after brain cancer battle

Jason Collins, the former NBA center, has died at 47 after battling glioblastoma. Collins, who came out in 2013, was celebrated for his courage and advocacy for inclusivity. His family expressed gratitude for the support received during his treatment.

13 May 2026 5:24 am
Chinese proverb of the day: 'To talk much and arrive nowhere is the same as climbing a tree to...' - life lessons on why you must talk less and do more as this Chinese saying reveals action matters more than words

Chinese proverb of the day: Excessive talking without clear purpose often yields no real progress, much like climbing a tree to catch fish. This Chinese proverb emphasizes that effective communication requires aligning words with meaningful action and purposeful direction. True achievement stems from efficient effort matched to specific goals, not just prolonged discussions.

13 May 2026 4:43 am
Trump calls for Barack Obamas arrest in Truth Social posts as late-night rant targets election claims, media reporting, Iran war narrative here's what he said

Trump calls for Obama arrest: US President Donald Trump posted on Truth Social calling for the arrest of Barack Obama. Trump accused Obama of treason, repeating claims about the Obama administration spying on his 2016 campaign. The posts also revisited the 2020 election and criticized media coverage. Trump also shared military imagery related to Iran.

13 May 2026 4:01 am
Brandon Clarke cause of death under investigation after drug paraphernalia found at scene - what happened to the Memphis Grizzlies player?

Brandon Clarke cause of death : Memphis Grizzlies forward Brandon Clarke, 29, has died, with authorities investigating a possible overdose after responding to an emergency call in Los Angeles. Drug paraphernalia was reportedly found at the scene. Clarke's agency and the Grizzlies organization have expressed profound grief over his passing.

13 May 2026 2:32 am
Quote of the day by Eckhart Tolle: 'Realize deeply that the present moment is all you ever have. Make the...' motivating lessons on mindfulness and why the present moment matters more than past or future by The Power of Now author and spiritual teacher

Quote of the day by Eckhart Tolle: Eckhart Tolle's quote emphasizes living in the present moment, as it's all we truly have. By focusing on the Now, individuals can reduce stress, improve emotional balance, and find greater clarity and peace. This mindfulness approach, popularized by Tolle, encourages appreciating simple moments and taking responsibility for one's experience.

13 May 2026 1:55 am
Jewish Proverb of the Day: 'How much better to get wisdom than...'The Jewish Proverb that teaches the true value of understanding

Jewish Proverb of the Day: A timeless Jewish proverb emphasizes that acquiring wisdom and understanding is far more valuable than material wealth like gold and silver. This ancient teaching remains relevant today, guiding individuals to prioritize inner riches, ethical decision-making, and meaningful relationships over mere financial gain for a more fulfilling life.

13 May 2026 1:47 am
US Treasury yields hit 5%: Why investors are dumping bonds as oil prices and inflation rise amid US-Iran conflict

US Treasury yields today: Global bond markets are experiencing unease. Rising oil prices and persistent inflation are reshaping interest rate expectations in the US and globally. US Treasury yields are climbing as inflation fears intensify. This situation is causing investors to rethink Federal Reserve rate cut possibilities. UK bond markets are also facing pressure.

13 May 2026 1:22 am
Has Air India cancelled all international flights until July 2026? Heres the truth behind the viral claim

Air India Flights: Rumors of Air India suspending all international flights until July 2026 are misleading. The airline has temporarily reduced services on select routes due to rising costs and geopolitical tensions, not a complete cancellation. Flights to major global destinations continue, though some long-haul sectors face reduced frequency.

13 May 2026 12:58 am
Big things have small beginnings: Why the famous quote from the 1962 film Lawrence of Arabia is a life lesson for all

The famous quote Big things have small beginnings from Lawrence of Arabia highlights the importance of patience, persistence, and believing in gradual progress. The saying reminds people that major achievements rarely happen overnight and often begin with small actions, simple ideas, or uncertain first steps. It encourages individuals not to underestimate humble beginnings or feel discouraged by slow progress.

13 May 2026 12:55 am
Rani Kapur moves SC to bar Priya Kapur from trust affairs in estate dispute

Rani Kapur has turned to the Supreme Court in an effort to block Priya Kapur from disrupting the RK Family Trust along with five affiliated businesses. Her plea comes just in time for a mediation process orchestrated by the court. Rani claims Priya is attempting an unlawful takeover of family resources.

13 May 2026 12:53 am
Rahul Gandhi takes views of Kerala Congress leaders on choice of Chief Minister

Rahul Gandhi convened a meeting with the Kerala Congress leadership to navigate the party's chief ministerial options. During the discussion, he sought valuable feedback on key candidates, spotlighting the dynamics of recent public advocacy. Leaders expressed their inclinations toward KC Venugopal, VD Satheesan, and Ramesh Chennithala, while the Indian Union Muslim League is preparing to contribute their perspective.

13 May 2026 12:45 am
Scientists found a shockingly simple way to predict your lifespan here's how to test yourself

New research indicates that stronger grip strength and the ability to easily stand from a chair are powerful predictors of a longer, healthier life for older women. A study found that greater muscle strength was linked to significantly lower mortality risk, even when accounting for physical activity and other health factors.

13 May 2026 12:43 am
NEET-UG 2026 paper leak shocker: Most key reforms suggested by Radhakrishnan panel to fix NTA still not implemented

NEET-UG 2026 paper leak: Despite recommendations from the K Radhakrishnan Committee following the 2024 NEET-UG crisis, the National Testing Agency (NTA) faces renewed scrutiny over alleged paper leaks for NEET-UG 2026. Basic security measures like functional CCTV surveillance remain a challenge, raising concerns about the implementation of proposed reforms.

13 May 2026 12:38 am
NEET UG 2026 paper leak: CBI files FIR, forms special investigation teams

In a significant move, the CBI is now investigating the leak of the NEET-UG 2026 examination paper. This comes after the education ministry lodged a formal complaint, leading to an FIR. The agency is delving into potential criminal conspiracies and methods of cheating, deploying special investigative teams to ensure a comprehensive inquiry.

13 May 2026 12:28 am
Chinese proverb of the day: 'One joy scatters a hundred...' Life lessons on true happiness, sorrow, human nature and why a smile can work wonders and brighten many lives

Chinese proverb of the day highlights the timeless message behind One joy scatters a hundred griefs. The proverb explains how a single happy moment can reduce sorrow, change perspective and support emotional balance. It explores happiness, resilience, gratitude, kindness, mental strength and positive thinking. The story explains meaning, relevance, teachings and daily application while sharing other inspiring Chinese proverbs people should know today.

13 May 2026 12:26 am
Tata Chemicals CEO R Mukundan takes over as CII president for 2026-27

R Mukundan, CEO of Tata Chemicals, has assumed the presidency of the Confederation of Indian Industry (CII) for 2026-27, succeeding Rajiv Memani. Suchitra K Ella of Bharat Biotech International is now the president-designate, and Shashwat Goenka of RP-Sanjiv Goenka Group takes on the role of vice-president for the same term.

13 May 2026 12:21 am
India Inc must move beyond protectionism to become global manufacturing hub: Niti Aayog's Rajiv Gauba

Niti Aayog member Rajiv Gauba emphasized the government's commitment to trust-based governance reforms, focusing on granular changes at state and municipal levels. He urged industry to boost R&D investment, develop indigenous technology, and move beyond protectionism to capitalize on global supply chain shifts and establish India as a manufacturing and innovation hub.

13 May 2026 12:20 am
African proverb of the day: 'He who refuses to obey cannot...' - inspiring lessons on leadership, respect, discipline and why great leaders must first learn to follow

African proverb of the day: True leadership begins with obedience. This African proverb teaches that learning to follow instructions builds discipline, respect, and understanding. Before commanding others, one must first learn to obey. This path fosters humility and empathy, essential qualities for effective guidance. Modern life, from schools to families, reinforces this timeless wisdom.

13 May 2026 12:16 am
Trump says Cuba seeking US help, signals talks with Havana

US President Donald Trump stated Cuba is seeking assistance and discussions will occur. He previously warned Cuba was next after actions in Venezuela. His administration has implemented financial sanctions, travel restrictions, and a fuel blockade. White House and State Department representatives were unavailable for comment. Havana representatives also could not be reached.

13 May 2026 12:11 am
Is a US stock market crash beginning? Nasdaq 100 drops over 2% as Dow Jones and S&P 500 struggle after inflation shock hits investors

Is a US stock market crash beginning as Nasdaq sinks 2% after shocking CPI inflation rattles Dow and S&P 500? The Nasdaq 100 plunged more than 2% on Tuesday, extending its steepest single-day sell-off in weeks after the April Consumer Price Index confirmed what markets had quietly feared US CPI inflation is no longer cooling. It is climbing again, reaching its highest level since May 2023.

13 May 2026 12:11 am
West Asia crisis a wake-up call for self-reliance: Commerce and industry minister Piyush Goyal

The West Asia crisis serves as a crucial reminder for Indian industries to boost self-reliance and efficiency. Commerce Minister Piyush Goyal urged businesses to reduce import dependency and focus on indigenous design and manufacturing. He also highlighted the need for faster electric vehicle adoption to cut oil bills.

13 May 2026 12:10 am
South Korea may use AI-driven tax gains to pay citizens: Top policymaker

A South Korean policymaker suggested a citizen dividend funded by AI profit taxes, sparking market volatility. The proposal aimed to redistribute gains from the AI boom, but was later clarified to target excess tax revenue rather than a new corporate levy, leading to a partial recovery in stocks.

13 May 2026 12:08 am
US Senate approves Kevin Warsh for Fed Board, chair confirmation next

The Senate has confirmed Kevin Warsh to the Federal Reserve Board of Governors. A vote for his chairmanship is expected soon. This confirmation follows a lifted blockade by Senator Thom Tillis. The move comes as President Trump pushes for lower interest rates. Inflation is currently surging, presenting a challenge for the Fed.

13 May 2026 12:07 am
Army foils infiltration bid along LoC in J&K, kills one intruder in Poonch

Swift action by army personnel along the Line of Control in Poonch district resulted in the foiling of an infiltration attempt at the Krishna Ghati sector. Observing unusual movement, alert troops moved quickly to intercept, successfully neutralizing an intruder affiliated with Lashkar-e-Taiba. The armed forces maintain a vigilant stance, reinforcing their preparedness to defend the area against incursions.

13 May 2026 12:02 am
Quote of the Day by Sir Arthur Conan Doyle: 'You are my heart, my life'Inspiring quotes by the writer who created the famous detective Sherlock Holmes

Quote of the Day: Sir Arthur Conan Doyle, creator of Sherlock Holmes, penned a quote expressing profound love. His words, 'You are my heart, my life, my one and only thought,' reveal deep emotional sincerity. The article explores Doyle's life, from his medical studies to his literary success and later interest in spiritualism.

13 May 2026 12:02 am
Oil firm TotalEnergies chief to face French parliament over war-time windfall profits

Patrick Pouyanne, the chief of energy giant TotalEnergies, will face a grilling next month. The French parliament's finance committee will question him. This is over his group's massive profits during the West Asia war. The company is among those facing calls for a windfall tax. The hearing is scheduled for June 17.

13 May 2026 12:01 am
10 Drowning Street? UK PM Keir Starmer labours on amid strong current

Prime Minister Keir Starmer has rejected calls to resign following a significant election defeat, stating he will continue to govern despite internal party pressure. While acknowledging responsibility, Starmer emphasized that no formal leadership challenge has been initiated, with loyal ministers expressing their support. The situation leaves Starmer and party rebels in a stalemate as the country awaits his next move.

13 May 2026 12:01 am
Who is LizLaz, the German influencer and singer who claimed she was offered money to speak against Virat Kohli?

German influencer LizLaz is in the news again. She alleges a journalist offered her money to make false claims about Virat Kohli. This is not the first time LizLaz has been linked to the Indian cricketer. Earlier this year, Kohli clarified an accidental 'like' on her Instagram photo.

13 May 2026 12:01 am
Adhikari aide murder: CBI takes over probe into Chandranath Rath case from Bengal police

The murder of Chandranath Rath, an aide to West Bengal chief minister Suvendu Adhikari, has drawn the attention of the CBI, which is now leading the investigation. The incident, which occurred on May 6, has led to the establishment of a dedicated Special Investigation Team.

12 May 2026 11:59 pm