The Economic Times

Quote of the day by Benjamin Franklin: Benjamin Franklin warned against small expenses, comparing them to leaks. These minor expenditures can accumulate and cause significant financial problems over time. Franklin was a printer, inventor, and diplomat who helped found the United States.

Dissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how his networth fell from more than Rs 40,562 crore when he issued the guarantees to Rs 32 crore in 2025, the crowding out of lenders by related party entities in the committee of creditors (CoC), and the role of resolution professional (RP) Shiv Nandan Sharma in admitting questionable entities as creditors highlights the difficulties in recovery in high-profile

Reserves increased $12.4 billion during the week, with foreign currency assets increasing $9.4 billion to $591 billion, while the value of gold reserves rose by $2.8 billion to $114 billion. Forex reserves last touched a high of $728 billion late February this year. As of August 21, Indian banks have mobilised $65.4 billion in foreign currency non-resident (FCNR-B) deposits under the Reserve Bank of India's special forex swap facility. Total foreign exchange inflows through this specific window

Quote of the Day by Seneca: Ancient Roman philosopher Seneca noted we suffer more in imagination than reality. His ancient wisdom highlights how our minds create distress over potential future problems. Modern psychology, especially CBT, confirms this link between thought patterns and emotional suffering. This principle applies to everyday situations like work and financial decisions. Distinguishing between known facts and imagined fears helps manage anxiety effectively.

Kargar will take over as director and CEO from K N Radhakrishnan on January 27, 2027, TVS Motor said on Friday. Radhakrishnan will continue as CEO until then and subsequently serve as a non-executive director till the company's annual general meeting scheduled for July 2027. The leadership change comes after TVS Motor sold 5.9 million vehicles globally in FY26 and reported 30% revenue growth.

The documents showed that in 2022, Murdoch, then chairman of both Fox and News Corp, became interested in recombining the companies less than a decade after splitting them. That effort failed after investors objected, but court proceedings in June indicated Murdoch could make another attempt.

An ancient Hopi saying reflects that shedding tears can liberate the mind from burdensome grief. Grieving is not a flaw but an essential human experience. By allowing ourselves to cry, we create space for emotional release, helping prevent pent-up feelings. True emotional resilience comes from facing our pain and embracing our truth, with healing beginning when we acknowledge our hurt, even when clarity remains elusive.

Quote of the day by Pierce Brosnan explores grief without treating it as something people simply overcome. His words focus on living with loss while continuing to love, create and appreciate life. The message speaks to anyone facing bereavement, change or emotional pain. It offers a grounded view of healing, where remembering someone and moving forward can exist together.

Japanese proverb of the day: Japanese proverbs offer wisdom on life and personal growth. A frog in a well knows nothing of the great ocean. This saying teaches the importance of an open mind. Humility and stepping outside comfort zones broaden understanding. Curiosity and exploration lead to deeper life insights.

Coal India has raised concerns about the coal gasification incentive scheme's rules. The company believes the short bidding window disadvantages state-run firms. Excluding captive power plants from eligible costs also creates a disadvantage. Coal India requested a six-month application period for the initial round. The ministry rejected this, citing immediate subsequent bidding rounds.

Several prominent Indian restaurants face hygiene violation allegations from consumers and regulators. NRAI president emphasizes fixing problems and fair enforcement over blame and reputational damage. Social media scrutiny and regulatory actions are impacting well-known food establishments across the country. Enforcement must follow legal procedures, offering businesses a chance to rectify issues. This situation highlights the ongoing need for stringent food safety standards and transparent ove

The DGGI has issued show-cause notices to Mahadev Book promoters for over 40,603 crore. These notices propose GST demands and penalties for alleged non-payment of taxes. The transactions linked to the betting network occurred between April 2020 and March 2024. Investigators mapped nearly 2,000 alleged betting panels, estimating daily deposits at 99 crore.

'He chose Fauci over Florida during COVID': Byron Donalds rips David Jolly as governor race heats up

What do you expect from someone who marries her brother?: Ilhan Omars son raided! Internet erupts

The Ten Commandments, Cecil B. DeMilles 1956 biblical epic starring Charlton Heston, is finding new viewers nearly 70 years after its release. The film has recently appeared prominently on Pluto TVs streaming charts, adding to its long legacy that includes recognition from the American Film Institute as one of cinemas greatest epics.

Indian families face uncertainty as US pauses immigrant visa interviews. Spouses and parents are significantly impacted by this administrative halt. This pause creates cascading scheduling delays and operational uncertainty for applicants. Experts advise applicants to remain calm and evaluate available options. Prolonged suspension could increase procedural hassle and costs for applicants.

Maharashtra Chief Minister Devendra Fadnavis granted migrant drivers a one-year Marathi learning extension. This decision has drawn criticism from the Uddhav Balasaheb Thackeray Shiv Sena and MNS. Leaders allege the move is politically motivated ahead of Uttar Pradesh elections. They claim the state government is bowing to Delhi's pressure and sacrificing local language pride.

Vodka is capturing a record share of India's liquor market, driven by younger consumers and women. This trend marks a significant structural shift towards white spirits, especially vodka. Radico Khaitan's vodka business has seen substantial growth over the past five years. The company has also focused on premiumizing its whisky portfolio to adapt. This strategic move reduces dependence on lower-priced liquor and commodity selling.

A culvert replacement project in Delaware County, New York, addressed stream-flow, erosion, sediment, and fish-passage problems along an unnamed tributary to the Little Delaware River. The failing 7-foot-diameter metal culvert was replaced with a 9-by-13-foot concrete box culvert designed to accommodate additional flow, reduce erosion, and improve aquatic connectivity. After construction, the new structure received a 0.88 aquatic passability score under the North Atlantic Aquatic Connectivity Co

New York's Tonawanda Creek was once impaired by agricultural pollution. Farmers implemented best management practices to reduce soil erosion and nutrient runoff. Water quality monitoring showed significant improvements after these conservation efforts. Grants supported these practices, which helped meet state water standards.

West Bengal Chief Minister Suvendu Adhikari addressed concerns at Jadavpur University. He condemned slogans and writings on campus walls, questioning their purpose. Adhikari organized a national song ceremony to promote patriotism in the area. He highlighted historical sacrifices made for India's independence.

Manipur CM Y Khemchand Singh stated security forces evacuated forty-seven thousand people to safety. He emphasized sustained collective efforts are needed to overcome trust deficits. The Chief Minister recalled a peaceful atmosphere in hill areas before May 3, 2023. Violence erupted on that date, fundamentally altering the state's situation.

New CNG price: Indraprastha Gas Limited has raised compressed natural gas prices by Rs 3.89 per kilogram. This price adjustment took effect on Saturday, impacting Delhi-NCR consumers significantly. The increase reflects higher import costs for liquefied natural gas amid global energy price fluctuations. Consequently, freight and passenger fares across the region are expected to see an upward revision. This marks the fifth CNG price hike in Delhi-NCR this year.

In 1905, an engineering blunder redirected the Colorado River into a desert basin, unintentionally giving rise to California's Salton Sea. Initially, this man-made lake flourished as a vibrant resort destination, attracting countless visitors. However, over time, rising salinity and dwindling water levels have altered its appeal. Despite these challenges, the Salton Sea continues to serve as a crucial habitat for migratory birds along the Pacific Flyway.

Simar Khurana from Beamsville, Ontario, Canada, made her first video game when she was just 6 years and 364 days old, earning recognition from Guinness World Records as the worlds youngest female videogame developer. Her game, Healthy Food Challenge, was inspired by a doctors advice about eating healthy and was created to help children understand the difference between nutritious food and junk food. Simar had begun learning coding less than a year earlier, with her father Paras Khurana encouragi

India will chair the BRICS Summit, focusing on development and innovation. The summit will address resilient supply chains and promote trade in national currencies. Global institutional reforms and BRICS Bank projects will also be discussed. Unilateral sanctions against member countries are expected to receive attention. Leaders from eleven BRICS and ten partner countries will attend the event.

Ankur Warikoo recently took to Instagram to share a bitter yet profound truth about our jobs no matter how much of a workaholic and emotionally invested we are in our jobs, we are ultimately replaceable, so while professional success is important, it should not become the only defining aspect of our lives.

Bodies of four Naga civilians killed in Manipur's Kangpokpi district were retrieved on Friday. Armed assailants attacked a vehicle on Thursday, killing four and injuring two others. Security forces faced disruptions but later reached the site to retrieve the bodies. Chief Minister Y Khemchand Singh directed immediate action against those responsible for the attack. The United Naga Council accused two militant outfits of involvement in the ambush.

The latest liquid concrete flow of water from the Himalayas has far too many precedents in India and Nepal; what happens on the Chinese side during such events is hard to gauge but it must be just as bad. It seems we are wilfully ignoring Nature's repeated signals to slow down, accept the realities of our fragile eco-systems and manage expectations accordingly. 'Development' cannot exclude those who live in remote areas but nor should it endanger them.

Hazardous substances near Shattuck Chemical Company prompted a settlement for restoration projects. Funds supported habitat improvements along Colorado's South Platte River and Eastern Plains. Restoration projects enhanced wetland and riparian areas for migratory birds. Denver's Overland Pond Park also saw habitat and riverbank improvements.

Former Chief Minister Mamata Banerjee demanded the immediate release of thirteen arrested Trinamool workers. The arrests followed a ruckus during the dismantling of an alleged illegal signboard. She questioned the police's actions and the use of a gas cutter at the site. Banerjee asserted that the Trinamool Congress would soon return to power. She also criticized the BJP government and the state police for their actions.

Sugarcane farmers in Maharashtra are demanding higher prices for the 2025-26 season. This agitation follows a significant increase in sugar prices over recent months. Farmer organizations believe sugar mills should share increased profits with growers. Several farmer associations have submitted their demands to the state sugar commissionerate. Growers across the state seek better payment for sugarcane sold to mills.

UGC NET 2026 result out: The National Testing Agency has announced the UGC NET June 2026 results today. Results for eighty-four subjects are now available on the official NTA website. Candidates can download their scorecards using application numbers and passwords. Forestry and statistics were added as new subjects this year. The examinations were conducted between June 22 and June 30.

Oil India and Indian Oil have relinquished their Shakthi-II exploration block in Gabon. This action terminates their Production Sharing Contract with the country's Directorate General of Hydrocarbons. The project began with an oil discovery over a decade ago. However, repeated delays ultimately led to the block's relinquishment. Both companies had entered the block in an equal fifty-fifty partnership.

The popular eight-hour sleep rule may not be a fixed requirement for every adult, according to recent research. Studies of pre-industrial societies and modern populations suggest that ideal sleep duration can vary between individuals, with factors such as age, sex and health playing a role. Researchers also say sleep timing and regularity matter, while artificial light and modern lifestyles can disrupt the body's natural sleep cycle.

Eli Lilly's Mounjaro received FDA approval for reducing heart attack and stroke risks. This new indication expands its use beyond diabetes and weight management. The drug demonstrated an 8% greater reduction in cardiovascular events in a key study. Mounjaro's approval strengthens Eli Lilly's position in the GLP-1 medicine market. This development highlights the expanding medical potential of these widely used drugs.

Nayanthara and Kavin have come together for the first time in Hi, a romantic comedy-drama that has now opened in theatres after a change in its original release schedule. Directed by Vishnu Edavan, the film combines romance, comedy and family emotions, while its lead pair has already become a major talking point among early viewers

Jain and Marwari merchants in India created, perhaps, the strongest iteration of this framework. Their strict vegetarianism and avoidance of root vegetables, along with very specific fasting periods, made it very difficult, almost impossible, to fake over a lifetime. Since these were also predominantly endogamous trading castes, discipline in both food and marriage cemented each other. A Jain merchant from Rajasthan sent to a distant trading post had a set of habits that any other Jain merchant

India and Canada will start bilateral investment treaty negotiations soon. Both nations will explore cross-border payment system collaborations and critical mineral partnerships. They aim to broaden the use of UPI in Canada through payment provider alliances. This dialogue builds on prior commitments to strengthen economic and financial cooperation. The countries aspire to increase bilateral trade to CAD 70 billion by 2030.

Companies struggle to achieve business outcomes from significant AI investments. Unprecedented AI capabilities require a 'harness' to convert potential into measurable value. Enterprise AI integration demands shaping technology around operational realities and existing systems.

India's army will acquire over one hundred Javelin missiles from the United States. This significant defense deal is valued at forty-five point seven million dollars. The missiles will be delivered on a fast-track basis to bolster military capabilities. The agreement strengthens the defense partnership and industrial collaboration between both nations. This acquisition enhances India's ability to counter armored threats effectively.

The South Fork Palouse River restoration began with a problem Idaho could not ignore. In 2002, the river was listed as bacteria-impaired, with livestock grazing among the identified sources. Fourteen years later, its water showed a different picture. Restoration work helped reduce E. coli levels enough for Idaho to remove that impairment in 2016. The story shows how practical conservation can slowly change a troubled river.

The result marked a strong turnaround for India, who had failed to make the cut for the Paris Olympics 2024 and also had a tearful exit from the semi-final race at the recently-concluded World Cup here. The experienced Savita, who has 319 international caps, in an interview to PTI, says the biggest change is not merely in the results but in the atmosphere inside the dressing room.

Donald Trump's latest executive order renames Lake Ontario to Lake America, a unilateral rebranding effort. This action underscores the limitations of such unilateral spin and its impact on international relations. While renaming efforts continue, real-world consequences like retaliatory tariffs remain significant. Trump's attempts to redefine outcomes face challenges before upcoming elections. The article suggests his perception of reality is detached from current events.

During World War I, military dogs displayed unwavering bravery in the trenches. Tasked with lifesaving duties, they rescued injured soldiers and delivered crucial messages across perilous grounds. Their acute senses proved invaluable in detecting hidden threats and controlling vermin in dire environments. Beyond their practical roles, these canines offered companionship to troops, uplifting spirits amidst turmoil.

The removal of the Shapp Pond Dam in Dutchess County, New York, helped restore aquatic connectivity and improve stream habitat along the East Branch of Wappinger Creek. The 12-foot-high dam had blocked migratory fish, altered natural flow and sediment patterns, and created conditions favorable to non-native and invasive species.

Under the fortnightly quota, sugar mills will be required to sell at least 40% of the allocation in the first week and the remaining quantity in the succeeding week. It was observed that in certain cases, sugar sold by mills at the beginning of the month was being dispatched or lifted by buyers only towards the end of the month, leading to artificial scarcity, the government said in a statement.