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The Latest Breaking News from The Economic Times

In Pakistan, not just living but dying too is getting more expensive

Funeral expenses in Rawalpindi are becoming unaffordable for many families. Low-income households now borrow money for burial rites and services. Inflation continues to impact daily costs, even with slower price increases. Government budgets prioritize debt and defense over welfare programs. Economic growth has not yet eased the financial burden on…

The Economic Times

Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AI

Global semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earnings. Investors are reassessing valuations after a strong AI-led rally, while concerns over custom chip development and future demand are making markets more selective towards AI-linked semiconductor companies.

The Economic Times

Quote of the Day by Julius Caesar: “In the end, it is impossible not to… – Inspiring lessons on identity, perception, personal growth and why surrounding yourself with positivity matters by the General and former Roman Dictator known for his deep insights on leadership and human nature

Quote of the Day by Julius Caesar: Julius Caesar’s quote, “In the end, it is impossible not to become what others believe you are,” explores the powerful influence that other people's perceptions and expectations can have on an individual's identity and behavior. The quote suggests that the opinions, labels, and…

The Economic Times

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AI-driven governance essential for detecting fraud, managing high financial data volatility: Experts

Industry leaders and financial experts highlighted the necessity of integrating Artificial Intelligence (AI) into financial reporting and corporate auditing while maintaining rigorous human oversight to safeguard against rising fraud risks.

The Economic Times

US airlines are redesigning travel around their highest-paying passengers

Major airlines are focusing on premium travelers, offering enhanced comfort and convenience. This strategy creates a noticeable difference between front and back cabin experiences. Airlines are reconfiguring aircraft and investing in amenities for top-tier passengers. Meanwhile, budget-conscious travelers face rising fares and additional fees. This trend indicates a growing stratification…

The Economic Times

Amazon aims to raise $25 billion from bond sale, Bloomberg News reports

Amazon plans to raise at least twenty-five billion dollars through a new bond sale. This move aims to fund the company's significant investments in artificial intelligence technology. Other major tech firms are also tapping debt markets for similar costly AI infrastructure build-outs. These companies are expected to spend over seven…

The Economic Times

Why does your cat wait outside the bathroom door? When this behavior is completely normal — and when it deserves attention

This common cat behavior surprises millions of pet owners, but experts say it usually reflects feline curiosity, attachment, territorial instincts, and daily routine rather than bad habits. Research shows cats build strong bonds with trusted people and dislike closed spaces they cannot explore. Learning these hidden signals helps you understand…

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El Nino is expected 'to break records': top expert

An El Nino weather event is predicted to reach record-breaking strength. Experts anticipate extreme weather patterns globally due to this phenomenon. This warming of Pacific Ocean temperatures influences rainfall and wind patterns worldwide. The event, occurring every few years, can cause droughts and floods. Combined with climate change, it contributes…

The Economic Times

Swiggy’s Indian control push; Cultfit’s big IPO swing

Swiggy has inched closer to qualifying as an Indian-owned and controlled company. This and more in today's ETtech Top 5.

The Economic Times

'India's economy is driving global growth': PM Modi tells Indian diaspora in Jakarta; says India is following the mantra of 'Reform, Perform and Transform'

Prime Minister Narendra Modi addressed the Indian diaspora in Jakarta during his Indonesia visit. He emphasized India's growing economy as a major driver of global growth. Modi highlighted the deep civilisational heritage shared between India and Indonesia. He also spoke about receiving Indonesia's highest civilian honor. The Prime Minister thanked…

The Economic Times

Anand Mahindra says Erling Haaland plays like Magnus Carlsen as Norway knock out Brazil

Erling Haaland scored two late goals to lead Norway past Brazil in the World Cup. His decisive strikes secured a historic quarter-final appearance for the Norwegian team. Norway's tactical changes in the second half proved instrumental in their victory. Haaland's performance places him in contention for the Golden Boot award.…

The Economic Times

Quote of the Day by Demi Lovato: "If you don't love yourself for your flaws and imperfections, you can't expect anyone else to either…" – Inspiring lessons on self-acceptance, individuality, and why embracing your flaws matters

Quote of the Day by Demi Lovato: Demi's quote, "If you don't love yourself for your flaws and imperfections, you can't expect anyone else to either. Be proud of your originality," explores the idea that self-acceptance has to come before anyone else's approval. It highlights how the things we're most…

The Economic Times

School bus meets with accident on Gurugram's NH-48 during heavy rainfall

Heavy rains lashed Gurugram and Delhi on Tuesday afternoon, bringing some heat respite. The India Meteorological Department issued a red alert for rain and strong winds across the city. A school bus met with an accident on NH-48 in Gurugram due to the downpour. The maximum temperature is likely to…

The Economic Times

LNG tanker at risk of exploding after two vessels struck near Strait of Hormuz

The Al Rekayyat, loaded with liquefied natural gas, sent out distress signals seeking assistance after it was hit on its port side, one of the sources said. Another source briefed on the matter said the vessel was at risk of exploding due to a fire in its engine room. The…

The Economic Times

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US stocks today: Nasdaq falls at open as DeepSeek's AI chip push rattles markets

Dow Jones & US Stocks today: Chip stocks experienced significant losses, impacting the S&P 500 and Nasdaq indices. Doubts emerged regarding the sustainability of the AI-driven rally, despite positive Samsung earnings. Samsung's shares declined in South Korea, affecting broader market sentiment. Other companies like Intel and Micron also saw substantial…

The Economic Times

Why does a happy cat suddenly bite during petting? Here's what experts say your cat is telling you with those quiet warning signals

Most petting bites are not random. Cats usually give silent warning signs before they react. A flicking tail, tense body, flattened ears, or turning toward your hand can signal petting-induced aggression. Veterinary behavior experts say overstimulation, stress, or hidden pain may trigger this common cat behavior. Here's what experts say…

The Economic Times

Chinese Proverb of the Day: “A day's planning is done at… — Life lessons on preparation, discipline, productivity, time management, and why early to bed and early to rise matters

Chinese Proverb of the Day highlights the meaning of “A day's planning is done at dawn.” The saying reflects the importance of beginning each day with preparation, clear priorities, and purposeful action. It suggests that success is often shaped by thoughtful planning and disciplined time management rather than by chance…

The Economic Times

Argentina vs Egypt FIFA World Cup 2026: Match time in India, live streaming and team details

Argentina vs Egypt FIFA World Cup 2026 live streaming, India match time: Defending champions Argentina will face Egypt in the FIFA World Cup 2026 Round of 16. The match is scheduled for Tuesday, July 7, at Atlanta Stadium in Georgia. Egypt reached the knockout stage after several draws and a…

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The Economic Times

PepsiCo and more: Jim Cramer says market rotation is creating buying chances, picks 4 stocks

Jim Cramer said the latest market rotation has created attractive buying opportunities as institutional selling dragged down quality stocks. He highlighted PepsiCo, Starbucks, Constellation Brands, TJX Companies and Johnson & Johnson as potential picks despite recent market weakness.

The Economic Times

Quote of the day by Gloria Estefan: 'In the United States, if you believe in yourself and you're determined and persevere, you're going to...' - Queen of Latin Pop and Don't Wanna Lose You singer teaches life lessons on self-belief and why confidence and perseverance lead to success

Gloria Estefan quote today: Gloria Estefan emphasizes self-belief and determination as keys to success. She believes that perseverance creates opportunities where others see only obstacles. Her message remains relevant in today's competitive and uncertain world. Estefan's career highlights include numerous awards and philanthropic endeavors.

The Economic Times

Weather Tomorrow, July 8: IMD issues heavy rain alert for Maharashtra, Karnataka, Gujarat, Kerala, UP, Uttarakhand & more; check if your state is on the warning list

Weather Tomorrow, July 8: The India Meteorological Department (IMD) has forecast widespread rainfall across several parts of the country on Wednesday, July 8. Heavy to very heavy rain, accompanied by thunderstorms and gusty winds, is expected in multiple states. The southwest monsoon continues to strengthen and is likely to cover…

The Economic Times

Best Mexican Proverb of the Day: "It's better to arrive late than to look ugly." A life lesson on preparation, confidence and first impressions

Best Mexican Proverb of the day: The Mexican proverb "Más vale llegar tarde que feo" ("It's better to arrive late than to look ugly") humorously reminds people that careful preparation is often more valuable than rushing. Beyond appearance, the proverb encourages confidence, self-respect and making a positive first impression. Its…

The Economic Times

U. S Stock Market today: Why are Nvidia, Micron Technology, Sandisk, Intel shares down on Tuesday?

U. S Stock Market on Tuesday: Chip stocks have been some of the biggest winners of the AI trade so far this year amid hopes of insatiable AI demand, though concerns of the sector ⁠being overbought as well as profit-taking by investors have led to some volatility lately.

The Economic Times

Cochin Shipyard OFS subscribed 3.52 times on Day 1; retail investors get to bid tomorrow

The government's Cochin Shipyard offer for sale drew robust institutional demand, with the non-retail portion subscribed 3.52 times, prompting the full green-shoe option. Retail bidding opens next, while the sale advances the government's disinvestment and public float expansion objectives.

The Economic Times

CCI clears UpGrad-Unacademy merger, paving way for major edtech consolidation

The Competition Commission of India’s (CCI) approval comes two months after the higher education and upskilling company and the SoftBank- and Peak XV Partners-backed test-prep startup sought antitrust clearance for the deal.

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