The Economic Times
Elections 2026Science/Tech / The Economic Times
U.S. financial firms and businesses faced phone-based hacking attacks recently. Hackers used fake websites to steal employee passwords and gain access. These attacks targeted private equity, law firms, and financial ratings agencies. Sophisticated social engineering tactics were employed by the attackers. Many organisations remain vulnerable to these human-element cyber threats.
In today's India, theres a notable focus on a particular age group, while Gen O remains overshadowed. Preoccupied with adapting to the evolving digital landscape and cultural shifts, this generation strives for a form of quiet quitting in a job market thats already complacent. Their economic influence is weak, rendering them more forgettable than transformative in the context of national progress.
All he had to do was tell the truth: Rand Paul scores win as Senate holds Fauci in contempt
PM Modi urges citizens to share Handloom GRWM videos on National Handloom Day
Prime Minister Narendra Modi encouraged celebrating National Handloom Day with enthusiasm. He asked citizens to wear handloom products and support weaving communities. This initiative aims to economically benefit families dependent on the handloom sector. Modi suggested using social media trends to promote India's rich handloom heritage. The Prime Minister emphasized preserving cultural heritage and strengthening rural livelihoods.
Banks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were financed by lenders. The Reserve Bank of India announced these regulations will take effect January 1, 2027. Banks must adopt a gradual approach when disabling devices, not immediately. Essential functions like incoming calls and emergency services remain accessible to borrowers.
Manipur's security forces successfully apprehended the self-declared UKNA chief in Churachandpur, uncovering vital intelligence during his interrogation. This led to the recovery of an AK-47 rifle and three improvised explosive devices. In a related effort, Chief Minister Yumnam Khemchand Singh assessed security measures at the Civil Secretariat, implementing key protocols aimed at enhancing safety and maintaining effective governance.
Mumbai fitness coach Vanshika Khurana shares a protein-rich cheesy soya kebab recipe. This recipe offers a healthy alternative to fried snacks. It uses soya chunks and whole wheat bread for a nutritious base. The kebabs are pan-fried and served with a fresh coriander chutney. This snack provides approximately thirty grams of protein per serving.
Today's Quote of the Day by Morgan Freeman speaks to everyone who has ever looked back with regret. His words are honest, simple, and deeply human. They remind us that mistakes do not define our future. They shape our wisdom. Discover the timeless life lessons on regret, redemption, forgiveness, accountability, and personal growth that continue to inspire millions around the world.
Eight Muslim-majority nations issued a joint declaration criticising Israel's Gaza military campaign. Their communique alleged that Israel's actions threaten Donald Trump's peace framework. The nations asserted Israel's conduct breaches international law and undermines peace efforts. They emphasised safeguarding civilians and medical facilities is mandatory under law. The foreign ministers supported a two-state framework and rejected land annexation measures.
In 1919, an African-American woman inventor created a central heating system powered by gas laying foundation for the future systems. Alice H. Parker received a U.S. patent for a furnace using natural gas, multiple burners, heat exchange and separate air ducts. Her design allowed heat to reach different rooms and introduced an approach linked to modern central heating, HVAC, thermostats and zone heating.
Quote of the Day by Gregory Peck: Gregory Pecks quote, It just seems silly to me that something so right and simple has to be fought for at all, explores the importance of justice, fairness, and standing up for what is morally right. The quote suggests that values such as equality, kindness, and respect should be accepted naturally rather than requiring conflict or constant struggle. It reminds us that doing the right thing is often simple in principle, even when achieving it may require courage
A Senate committee voted to hold Dr. Anthony Fauci in contempt of Congress. This action stems from his refusal to answer questions during a hearing. Fauci invoked his Fifth Amendment right over one hundred times during the proceedings. Republicans are scrutinizing the government's pandemic response and virus origins. Democrats opposed the move, calling the investigation politically motivated.
How Recycled Christmas Trees Are Saving Louisianas Coastline: Louisiana has lost over 2,000 square miles of coastline since the 1930s. But one simple experiment is working. Since 1990, thousands of recycled Christmas trees have been dropped into fragile marshes. These trees trap floating sediment, rebuild lost wetlands, and slow land loss. Decades later, old holiday trash has become Louisianas strongest natural defense against coastal erosion and severe storms.
India's finance minister announced plans to streamline customs tariffs, aiming for a significant overhaul by the fiscal year 2027-28. This move is expected to simplify trade procedures and potentially boost economic activity by making imports and exports more predictable and cost-effective for businesses across various sectors.
Psychology ultimately reminds us that human behavior is flexible rather than fixed. Walking speed should be viewed as one small clue within a much larger picture.
Warner Bros Discovery reported second-quarter revenue below expectations, mainly due to significant declines in box-office and advertising sales, which weighed on overall financial performance. Despite these challenges, the streaming segment thrived, presenting a glimmer of hope. A merger with Paramount gained UK approval but is entangled in legal issues in the US. The company aims to boost future box-office results with a film slate leaning toward later releases.
Kya Bolti Public: CJP launches nationwide campaign; targets EC, Judiciary & Media accountability
At the same programme, the Chief Minister also disbursed Rs. 15.86 crore via DBT to 793 flood-affected schools across Sivasagar, Charaideo, Jorhat and Golaghat and launched financial assistance of over Rs. 4.26 crore from the CMRF for 21,025 students in Sivasagar and Charaideo to purchase educational materials after the recent floods. Of the amount, Rs. 11 crore have been allocated to 550 schools of Sivasagar, Rs. 2.22 crore to 111 schools, Rs. 2.06 crore to 103 schools of Jorhat and Rs. 0.58 cr
The S&P 500 and Nasdaq opened lower on Thursday, impacted by technology stock declines. Strong forecasts from Western Digital and Sandisk did not boost investor sentiment. Investors also awaited details concerning a Middle East peace deal. The Dow Jones Industrial Average saw a slight increase at the opening bell. Markets reacted to these mixed signals as trading commenced.
Telecom operators faced a Rs 1.9 crore penalty for service quality breaches in FY26. The Telecom Regulatory Authority of India imposed these financial disincentives after reviewing non-compliance explanations. BSNL received the highest penalty of Rs 57.5 lakh for flouting norms. Airtel and MTNL were fined Rs 48 lakh and Rs 37 lakh respectively. Vodafone Idea and Reliance Jio also faced penalties for their service quality.
Bengaluru plans to develop three new botanical gardens to enhance urban green spaces. One park will be on Defence land, pending Union Ministry approval. The government aims to protect Bengaluru's green cover and improve city life quality. Initiatives are underway to restore Bengaluru's image as India's Garden City. A farmer-government partnership program will also increase the state's green cover.
Artificial intelligence is rapidly transforming industries and changing employer demands. Companies now seek professionals combining AI expertise with business and domain knowledge. Universities are adapting by offering new industry-aligned AI programs globally. India is also witnessing this shift with institutions strengthening AI education. These programs prepare graduates for leadership in the evolving intelligence economy.
Vivek Thiruvengadam left a Rs 1 crore US job to start Qubit Fitness in India. He returned with his family after fourteen years abroad and began with savings. The entrepreneur launched his venture in January 2021 without an office or team. His business expanded over six years, achieving financial goals and personal satisfaction. Thiruvengadam credits consistency and patience for his entrepreneurial success.
Microsoft is reportedly preparing an Xbox Disc to Digital Programme for August 2026. This feature will let players convert physical game discs into digital licenses. These digital licenses will be tied to their Microsoft accounts for broader access. The programme aims to bridge physical ownership with the company's digital gaming ecosystem. Original Xbox and Xbox 360 discs are unlikely to be supported by this initiative.
The Reserve Bank of India will absorb surplus liquidity from a special forex swap facility. This absorption will occur through higher currency in circulation and maturing forward positions. Banking system liquidity is expected to peak in September due to FCNR(B) deposit inflows. Economists anticipate a surplus of around 4-5 lakh crore in the banking system. The central bank will then begin withdrawing excess liquidity through durable absorption measures.
Financial regulators are exploring adding insurance surety bond exposures to a central credit database. This move aims to provide banks and rating agencies a clearer view of corporate leverage. Currently, these contingent liabilities often escape regulatory reporting requirements. Many government departments now accept these bonds instead of traditional bank guarantees. Expanding the database will strengthen credit appraisal processes for lenders.
HDFC Bank assured shareholders about its strong governance credentials. No US lawsuits have been filed against the bank following investigations. The bank's leadership stated they are well-positioned to defend any potential legal action. HDFC Bank is fundamentally strong with a pristine balance sheet. The integration with HDFC Limited is unlocking meaningful synergies for future growth.
The Delhi High Court is reviewing Natco Pharma's challenge to a breast cancer drug patent. Natco alleges Novartis and Astex secured two patents for the same invention. This action, Natco claims, unlawfully extends patent protection for the Ribociclib molecule. The court will first determine the petition's maintainability after legal arguments. The case has been scheduled for further hearing on September 16.
India's services sector expanded slowly in July, reaching a 53-month low. New business inflows moderated across domestic and international markets, impacting growth. Manufacturing activity also lost momentum, contributing to a composite PMI decline. Services firms remained optimistic about future business despite current slowdowns. Hiring showed a modest rebound as input cost inflation eased.
Aristotle's Quote of the day reminds us that excellence is not something people are born with but something they build through consistent actions and good habits. Inspired by the philosopher's teachings in Nicomachean Ethics, the quote highlights the importance of practice, discipline and making the right choices over time. Here is the meaning behind the quote, Aristotle's life, his major works and the lasting impact of his ideas on philosophy, ethics and science.
Quote of the day by Dr. Seuss teaches us when a meaningful chapter closes, sadness may naturally come first. But with time, gratitude can join it. Instead of asking only why something had to end, we can also ask what made it worth having in the first place. That shiftfrom loss toward appreciationdoes not change the past. It changes how we carry it. And sometimes, that is enough to turn an ending from something we only mourn into something we can genuinely smile about.
Speaker Om Birla expunged remarks made by BJP MP Jagdambika Pal during Lok Sabha proceedings. These observations were directed at Samajwadi Party MP Ruchi Vira and Congress MP KC Venugopal. Pal made these remarks while seeking to admonish Vira for disrupting the house. Congress MPs reportedly complained to the Speaker about Pal's political comments. The expunged remarks were made in the context of protests against police action on students.
Political parties protested the Article 370 abrogation anniversary as a black day. Authorities imposed restrictions, preventing large-scale demonstrations across Jammu and Kashmir. Leaders expressed continued commitment to restoring special status and rights for the region. The BJP organized a bike rally, celebrating the decision's impact on grassroots democracy. Various parties issued statements condemning the abrogation, while others celebrated its perceived benefits.
Samajwadi Party chief Akhilesh Yadav is now courting the Brahmin community for upcoming elections. He redefined the PDA plank to include Brahmins, stating 'P' stands for Pandit. This outreach aims to broaden the party's social coalition before the 2027 contest. The move comes amid renewed competition for Brahmin votes in Uttar Pradesh. Yadav also accused the BJP government of targeting opposition workers and leaders.
Psychology says people who like to do charity every now and then aren't always seeking praise or recognition. Their actions can come from empathy, personal values, emotional responses, social connection, or the warm glow that follows helping another person. Occasional giving can also be influenced by specific situations, relatable stories, social cues and the desire to respond to an immediate human need.
Uttar Pradesh CM Yogi Adityanath accused the Samajwadi Party of disrupting the assembly session. He stated this prevented debate on a supplementary budget of over 59,000 crore. The budget included provisions for employment, farmer welfare, and women's empowerment. It also allocated funds for outsourced workers and increased honorariums for various workers. The supplementary budget was passed amid opposition uproar before the House adjourned.
'You're unwilling to answer': Sen. Blumenthal presses Trump judicial nominee over 2020 election
Ukraine is grappling with the difficulty of intercepting rapid Russian ballistic missiles. While the Patriot system provides a measure of defense, its effectiveness is hindered by the limited number of available batteries. The increasing global demand and production constraints have led to interceptor shortages. To enhance its security, Ukraine is focusing on neutralizing launchers and developing indigenous defense capabilities.
A LinkedIn post by Delhi-based founder Rohan Dhawan has gone viral after he shared an unusual conversation with a businessman worth nearly 500 crore who admitted that the Rolex on his wrist was a 10,000 first copy. The businessman's reasoning has triggered a lively debate on social media, with users discussing whether luxury is about craftsmanship, personal satisfaction, status or simply perception.

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