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The Latest Breaking News from The Economic Times

Quote of the Day by Morgan Housel: 'Spending money to show people how much money you have...'- The Psychology of Money author's classic money lesson on why looking rich can be the fastest way to lose wealth

Morgan Housel, a renowned financial writer, shares a powerful money lesson. He explains that spending to impress others is the quickest route to financial decline. True wealth is built by saving and making wise choices, not by displaying possessions. Housel's insights from 'The Psychology of Money' highlight the difference between…

The Economic Times

Snap bets on AR glasses in post-smartphone race

Snap, the parent company of social network Snapchat, on Tuesday launched its Specs augmented reality glasses, a major bet by a struggling company to stake out ground in the post-smartphone era. Unveiled at the Augmented World Expo in Long Beach, California, the Specs are the first standalone augmented reality glasses…

The Economic Times

SEEPCO supplies 6 million barrels of Nigerian crude to Indian refiners

Amidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's SEEPCO between March and May 2026. This move, utilizing crude from SEEPCO's Okwuibome field, bypassed the Strait of Hormuz, bolstering India's energy security during global uncertainty.

The Economic Times

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India launches UPI at department store in France

India's digital payment system, UPI, has expanded its global reach with a launch at Galeries Lafayette in Nice, France. This move strengthens economic and technological ties between India and France. Following its introduction at the Eiffel Tower earlier this year, UPI is now available in nine countries. This allows Indian…

The Economic Times

Govt likely to clear Dixon-Vivo JV deal this month

The government is set to approve the Dixon-Vivo joint venture this month. Dixon Technologies will hold a majority stake in this new venture. This partnership aims to manufacture electronic devices, including smartphones. Vivo's Noida facility will be integrated into the joint venture. This move will significantly reduce Vivo's operational risks…

The Economic Times

Renault teams up with Thales to boost France's drone production

Renault will manufacture military drones for Thales. Production of 1,000 units monthly is set to begin next year. This partnership aims to boost France's defence manufacturing capacity. The deal follows previous collaboration on a military vehicle. Renault is also working with other drone companies on production plans. This move signifies…

The Economic Times

SpaceX options trading debut draws record volume as investors chase rocket stock

SpaceX options trading saw massive investor interest on Tuesday. Over half a million contracts traded in the first hour. This made SpaceX the most heavily traded company ever on its debut options day. Demand was high for bullish call options. This activity helped boost the stock price. SpaceX shares climbed…

The Economic Times

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UAE Lottery Results winner list June 16 updates: Check Pick 3 and Pick 4 winning numbers, prize money, tips before checking results and more

UAE Lottery Results Today (June 16): The UAE Lottery Pick 3 and Pick 4 results for Tuesday, June 16, 2026, have been declared at the official website. Players can verify their tickets and prize details on the official UAE Lottery platform after the daily 9:30 PM draw.

The Economic Times

EU chief says 'time for change' on children's social media access

Ursula von der Leyen, the head of the European Union, is advocating for revisions to how children access social media platforms. A recent survey indicates that many teenagers are grappling with excessive screen time and exposure to harmful digital content. In response, nations like Australia and the UK have initiated…

The Economic Times

Forget the internet, there's a hidden superhighway under your feet, and it's almost a billion Sun trips long

Forget the internet, there's a hidden superhighway under your feet, and it's almost a billion Sun trips long and scientists have now mapped this underground fungal network for the first time. The study shows that these fungal networks stretch about 110 quadrillion kilometers across Earth. They help plants obtain nutrients…

The Economic Times

Tata says India pollution board drops scrutiny of Apple iPhone parts plant

Tata Electronics, an Apple supplier, has cleared pollution concerns at its iPhone plant in Tamil Nadu. The state pollution control board dropped its investigation after Tata addressed issues regarding wastewater discharge. Farmers had complained about contamination of agricultural lands. Tata confirmed its facility's water samples showed no contamination. This development…

The Economic Times

Karnataka explores biotech financing framework, AI-led innovation to support sector growth

Karnataka is developing a dedicated support framework for its biotechnology sector, encompassing funding, mentoring, and regulatory guidance to boost startups and growth capital access. Key focus areas for the next phase of growth include AI-enabled biotechnology and biomanufacturing, aiming to strengthen the state's innovation and investment ecosystem.

The Economic Times

She didn't follow a strict diet, join a gym or use protein supplements. But her before-and-after photos left her stunned

A young woman achieved significant weight loss without gyms or crash diets. She focused on walking 10,000 steps daily and eating home-cooked vegetarian meals. This approach led to a 5 kg loss in just a few months. Her journey highlights the power of consistent, simple lifestyle changes for effective weight…

The Economic Times

South Park Commons backed Maya Research wants to build a voice interface that speaks like a local

Maya Research is developing conversational AI models designed to speak and respond like native speakers across languages and cultural contexts, aiming to serve the next four to five billion internet users.

The Economic Times

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Spanish proverb of the day: "There is no evil from which..." - Turn pain into purpose: Timeless wisdom and valuable life lessons hidden within every challenge you face and overcome

Spanish proverb of the day: It reminds us that difficult moments often carry unexpected value. Challenges teach perspective. Failure reveals opportunity. Hardship builds resilience. Life lessons emerge through experience. Personal growth begins when we stop resisting change and start discovering the wisdom hidden within every obstacle.

The Economic Times

World should move from donor-recipient to partnerships based on solidarity and equality: PM Modi to G7 leaders

Speaking at the Outreach Session on 'Forging new Partnerships and rebuilding international solidarity here, Modi also underscored the importance of "trust" in building international partnerships, especially in an increasingly interconnected world.

The Economic Times

India's first digital repository of space-sector capabilities launched at ISC

The platform brings together more than 200 verified space and defence companies across nearly 20 domains and over 120 sub-domains. It aims to create a single, trusted platform for capability discovery, collaboration and business development across the Indian space ecosystem.

The Economic Times

Chinese proverb of the day: 'If You Give a Man a Fish, You Feed Him for a Day. But If You Give Him a Fishing Rod, You Feed Him for a Lifetime' teaches why education, skill development matter

Chinese proverb offers enduring wisdom about education, empowerment, and self-reliance. While temporary assistance is sometimes necessary, lasting change comes from equipping people with the skills and opportunities they need to succeed independently. The proverb highlights the transformative power of knowledge and the importance of investing in human potential. By teaching,…

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The Economic Times

Is DoorDash Down? Thousands of users report app outages and delivery problems across major US cities today- When will the services be up again?

DoorDash faced significant service disruptions on Tuesday morning. Thousands of users reported problems accessing the food delivery platform, with most issues stemming from the mobile app. Major cities like New York and Chicago were heavily impacted. DoorDash acknowledged the outage and stated its team was working to resolve the problem.…

The Economic Times

Andhra Pradesh to inaugurate 24 power transmission projects worth Rs 3,507 crore by December 2026

Andhra Pradesh is set to significantly upgrade its electricity network. Twenty-four power transmission projects valued at Rs 3,507 crore will be completed and commissioned by December 2026. These initiatives aim to enhance grid stability and support the state's development. APTRANSCO is actively working on numerous projects to meet growing power…

The Economic Times

HAL, Tata, L&T among 10 firms in race for Rs 30,000 crore defence drone deal

Around ten Indian companies have submitted bids for a major defence project. The Defence Ministry is acquiring 87 Medium-Altitude Long-Range, Endurance unmanned aerial vehicles. This over Rs 30,000 crore deal aims to boost indigenous drone manufacturing. The drones will feature advanced surveillance and strike capabilities. Integration with Indian missile systems…

The Economic Times

Quote of the day by Noah Centineo: 'If you have your own money, you feel entitled to spending your...' - inspiring financial lessons on personal finance, wealth and why spending smartly matters more than earning money by Netflix's To All the Boys I've Loved Before star

Quote of the day by Noah Centineo: Noah Centineo warns that earning money can lead to a sense of entitlement, creating a "slippery slope" of unhealthy spending habits. He emphasizes that financial freedom requires self-discipline and thoughtful management, not just earning potential.

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities extended gains for a third straight session, with Sensex and Nifty rising on optimism over the Iran-US peace framework and lower oil prices. Broad-based buying in IT, realty, FMCG and oil & gas stocks supported the rally, while volatility eased sharply.

The Economic Times

European Proverb of the Day: 'Who's the man that was never...' Life lessons on vulnerability, human behavior, stereotypes, open communication, and why is it crucial to not let others take advantage of your good, simple nature, innocence or naiveness

European Proverb of the Day highlights the old saying, “Who’s the man that was never fooled by a woman?” The proverb explores human vulnerability, relationships, communication, stereotypes, emotions, and judgment. It teaches that people can be influenced by feelings and assumptions. The saying also encourages humility, open communication, and awareness…

The Economic Times

Firmly committed to building a drug-free Manipur, says CM Yumnam Khemchand Singh

Manipur is intensifying its fight against drugs. Chief Minister Yumnam Khemchand Singh chaired a meeting to boost intelligence sharing and enforcement against drug trafficking. The government is committed to a drug-free state, he said.

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