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The Latest Breaking News from The Economic Times

Golf’s Great Divide: Brilliant on course, bungling off it

Golf's 2026 major championships featured four distinct winners, highlighting individual player achievements. The sport's governing bodies delayed a golf ball rollback, creating uncertainty for the future. LIV Golf faced significant financial challenges and a potential restructuring. The PGA Tour strategically allied with the Asian Tour, isolating LIV further. Talented golfers…

The Economic Times

How much does it cost to move into A 3BHK in Bengaluru? Couple reveals full breakdown of their ₹2.53 lakh expenses

A couple residing in Bengaluru recently disclosed their relocation costs amounting to ₹2.53 lakh for a new three-bedroom apartment. Significant expenditures included a hefty ₹1.5 lakh security deposit and additional payments of ₹37,000 for the broker and ₹60,000 for furniture transportation. They also incurred expenses for moving personal items and…

The Economic Times

A Florida homeowner swapped lawn grass for old soaked cardboard, mulch and native plants without digging up the lawn; the result was a low-maintenance front yard ecosystem where pollinators, birds, edible plants and people could coexist

A Florida homeowner transformed a conventional grass-covered front yard without removing the existing lawn. The project used soaked cardboard, organic material and thick mulch to suppress the grass, followed by stone pathways and plants selected for pollinators, birds and household use. The approach, known as sheet mulching, can gradually add…

The Economic Times

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Iran fires back at Trump's threat to declare Hormuz a U.S. territory

Iran asserts control over the Strait of Hormuz, rejecting US President Donald Trump's claims. Trump stated he would declare the strait US territory after defeating Iran. An unnamed White House official later clarified Trump was joking about the declaration. Attacks in the strait continue, impacting regional shipping and oil prices…

The Economic Times

Hormuz ship attacks mount as US vows to cripple Iran economy

The Strait of Hormuz has seen an uptick in ship attacks, causing grave concerns as peace negotiations remain stagnant. Recently, two vessels from the Abu Dhabi National Oil Co were targeted while navigating this crucial passage. In response, the United States intends to implement further economic sanctions in an effort…

The Economic Times

Gurgaon’s monkey problem has a new celebrity

A Gurgaon society uses a large poster of a langur to scare away monkeys. This innovative approach aims to solve a persistent problem faced by residents. The poster features Babulal, a real langur, whose image was captured and edited by a guard. This AI-driven solution raises questions about the future…

The Economic Times

Greek proverb of the day: ‘I said this to my dog and my dog said it to its tail’ – a lesson on responsibility and passing the buck

A Greek proverb illustrates how instructions move endlessly without action. This saying highlights the common habit of shifting tasks to others. Family and work environments often experience this diffusion of responsibility. Clear ownership of tasks ensures quicker and more efficient completion. Ultimately, taking personal responsibility leads to better outcomes.

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Quote of the day by Alexander Pushkin: ‘People are so like their first mother Eve: what they are given doesn't…’ – Russian poet on human desire, temptation and why we want what we cannot have

Alexander Pushkin, a foundational figure in Russian literature, explored human desire. His novel 'Eugene Onegin' highlights the allure of forbidden fruit. Pushkin believed restriction intensifies desire, making the unavailable more appealing. He noted people often value things only after they become inaccessible. This enduring theme reflects on the restless nature…

The Economic Times

Gulag prisoners built this town during WW2, it grew into a USSR mining centre of over 10,000 people; before the end of the Soviet era brought its decline in 1996

Once a vibrant Soviet town dedicated to coal mining during World War II, Kadykchan was home to a lively community complete with schools and houses. Its downfall was triggered by the Soviet Union's collapse in 1991, further exacerbated by the mine's closure in 1996. Now, it lies deserted, serving as…

The Economic Times

Quote of the day by Friedrich Schiller: ‘If you cannot please everyone with your deeds and your art…’ – German philosopher on why pleasing everyone can weaken originality

German poet Friedrich Schiller championed artistic independence and originality. He believed pleasing a few with genuine art held more value. Schiller saw aesthetic experience as vital for human freedom and individual development. His writings explored art's role in refining sensibilities and encouraging thought. Schiller's influential ideas continue to shape discussions…

The Economic Times

Jharkhand students escalate protest; to burn CM Soren, Rahul Gandhi effigies tomorrow, announce August 20 siege of CM's residence

Student leaders will burn effigies of Chief Minister Hemant Soren and Rahul Gandhi. They demand cancellation of JSSC CGL and JPSC examinations. A CBI inquiry into alleged irregularities is also being sought. Students plan to surround the Chief Minister's residence on August 20. The agitation will intensify if demands are…

The Economic Times

Magnus Carlsen wins Esports World Cup title for second year in a row

Magnus Carlsen has claimed victory once again, successfully defending his title at the Esports World Cup chess championship. In an exhilarating grand final, Carlsen outmaneuvered Denis Lazavik, securing a decisive 2-0 win that showcased his relentless determination throughout the tournament. Meanwhile, Hikaru Nakamura secured third place with his impressive performance.

The Economic Times

Never mind the type, Swaraj is your biryani & you shall have it!

Biryani advertisements highlight its diverse regional variations and culinary appeal. The dish's origins are debated, with links to Persian and Sanskrit roots. Historical accounts mention biryani in Mughal courts and military encampments. Its many forms reflect India's eclectic individualism and freedom of choice. Biryani's widespread popularity spans from local eateries…

The Economic Times

Morocco swapped scorching black asphalt for porous “sponge” pavement; the experimental surface ran up to 16°F cooler, offering cities a surprising new way to beat urban heat

Morocco is testing permeable “sponge” pavement in selected urban areas of Marrakech and Agadir as cities look for ways to manage extreme heat and heavy rainfall. Unlike conventional asphalt, the surface allows water to move into layers beneath the pavement, potentially reducing runoff and supporting evaporative cooling when moisture is…

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"Hezbollah using its own civilians as human shields": Netanyahu on several killed in Israeli airstrike in southern Lebanon

Prime Minister Netanyahu accused Hezbollah of violating a ceasefire after soldiers were injured. Israel's military responded by striking a Hezbollah headquarters in southern Lebanon. Hezbollah, in turn, accused Israel of aggressive escalation and targeting civilians. The Israeli Prime Minister's Office stated civilians were not the intended targets. Both sides exchanged…

The Economic Times

Have broken glass jars at home? Try these simple and creative ways to reuse them instead of throwing them away

Broken glass jars hold a treasure trove of creative potential. Consider transforming them into charming candle holders or stylish bathroom organizers. With their wide openings, they also make fantastic drinking glasses for your daily hydration. Small plants like herbs or succulents thrive in these repurposed jars, providing an eco-friendly option…

The Economic Times

"BJP protecting rapists and criminals": Rahul Gandhi meets Ankita Bhandari's family; says family still awaiting justice

Rahul Gandhi met Ankita Bhandari's family, who still await justice for her murder. Ankita was a receptionist allegedly murdered after resisting a VIP guest's demands. Her room was demolished before an investigation, raising suspicions about the case. Gandhi alleged the state government protects the VIP due to his BJP-RSS affiliation.…

The Economic Times

Iran, Oman home in on Hormuz Strait deal as ship attacks mount

Iran and Oman are nearing a deal on managing Strait of Hormuz. This agreement aims to ensure safe passage through the vital waterway. The United States is preparing new economic measures against Iran. Regional conflicts involving Israel, Hezbollah, and Hamas continue to escalate. Tensions persist as global energy markets remain…

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The Economic Times

E20 petrol not sole reason for lower mileage, Centre says

The government clarified that vehicle mileage depends on many factors, not just fuel. Extensive testing confirms E20 petrol meets quality standards and is not contaminated. Motorists' concerns about fuel economy are being addressed by the ministry. Oil companies conducted inspections at numerous fuel stations nationwide. Real-world fuel consumption results from…

The Economic Times

Quote of the day by Xunzi: 'The person attempting to travel two roads at once will...' - motivational quote by Confucian Chinese philosopher teaches life lessons on choices, focus, why you must not chase too many goals at once and why trying to do everything could leave you nowhere

Quote of the day by Xunzi: Ancient Chinese philosopher Xunzi emphasized the difficulty of pursuing multiple goals simultaneously. He believed that attempting to travel two roads at once leads to nowhere. This ancient wisdom highlights the importance of focused effort for achieving progress.

The Economic Times

Quote of the Day by Sean Connery: “I haven’t found anywhere in the world where I want to be… – Inspiring lessons on travel, adventure, experiences, exploration and why Life is a journey, not a destination by the Scottish Actor known for his powerful performances and deep insights on life and transformation

Quote of the Day by Sean Connery: Sean Connery’s quote, “I haven’t found anywhere in the world where I want to be all the time. The best of my life is the moving. I look forward to going,” explores the importance of embracing change, travel, and new experiences. The quote…

The Economic Times

US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims rise

Inflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and signaling a slowdown. Existing home sales declined due to record prices and high mortgage rates. Wholesale inflation also fell, offering some relief for future consumer prices. Jobless claims rose slightly but the…

The Economic Times

PM Modi, Ram Nath Kovind attend President Murmu's Independence Day 'at home' reception

President Droupadi Murmu hosted the Independence Day reception at Rashtrapati Bhavan. Vice President and Prime Minister Modi were among the distinguished guests present. The event began with patriotic renditions and honored national heroes. India celebrated its Independence Day after gaining freedom from British rule. The day also marked a historic…

The Economic Times

Political differences should never run into animosity, says Nawaz Sharif amid acrimony with PPP

Nawaz Sharif called for a cessation of political hostility among parties, responding to grievances from the PPP regarding the recent elections in Pakistan-occupied Kashmir. The PPP accused the elections of being marred by rigging and violence following the announcement of results. India perceives these elections as a maneuver to mask…

The Economic Times

Chinese contingent gives thumbs-up to BWF World Championships preparations

Chinese players find venue conditions much improved for the World Championships. Extensive upgrades were made to avoid issues seen during the India Open. Players feel physically better and ready for the upcoming tournament. They are focusing on their own performance and tactical execution. The event is scheduled to begin on…

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