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The Latest Breaking News from The Economic Times

Quote of the Day by Oprah Winfrey: 'Think like a queen. A queen is not afraid to fail. Failure is another stepping stone to greatness' shows setbacks are temporary, importance of embracing failure for growth, future success

Quote of the Day by Oprah Winfrey teaches us that failure should not discourage us from pursuing our dreams. A queen symbolizes confidence, courage, and leadership. She understands that mistakes and setbacks are part of success. Every failure offers valuable lessons and opportunities for growth. Great achievements often come after…

The Economic Times

Defamation case against Rahul Gandhi linked to Hathras rape case revived

Rahul Gandhi finds himself at the center of renewed legal scrutiny as a defamation case surrounding his comments on the Hathras Boolgarhi rape case has been reignited. A court has approved a revision petition concerning his statements about the recently acquitted individuals.

The Economic Times

Psychology suggests adults who bring a cardigan everywhere aren’t overprepared; they’re protecting comfort before discomfort steals attention, because the body is easier to regulate when it feels safe

Think of a cardigan as your cozy companion in the quest for comfort. Beyond just providing warmth, it serves as a safeguard against the minor nuisances that can derail your focus and mood. Studies reveal that our physical environment, particularly temperature, plays a crucial role in our ability to concentrate…

The Economic Times

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Sebi eases winding-up norms for AIFs, introduces 'inoperative fund' framework

Sebi has introduced a new framework allowing Alternative Investment Funds (AIFs) to retain liquidation proceeds beyond their fund life under specific conditions. This move aims to address practical challenges during winding-up, enabling AIFs to manage pending liabilities and operational expenses more effectively.

The Economic Times

In 1971, volunteers entered a mock prison basement and sparked one of psychology’s biggest debates

The Stanford Prison Experiment, conducted in 1971, serves as a pivotal case study in understanding the effects of authority and social roles on behavior. Once regarded as irrefutable evidence of the corrupting nature of power, new analyses raise questions about its experimental integrity and ethical standards. As discussions among academics…

The Economic Times

In 1953, scientists pieced together a twisted molecule, and DNA finally had a shape

Scientists uncovered DNA's double helix structure in 1953. James Watson and Francis Crick proposed the model. It explained how genetic information is stored and copied. This discovery transformed biology. It built upon earlier research and X-ray images. The double helix became a foundation for modern life sciences. Many scientists contributed…

The Economic Times

Thought of the Day by the father of Political Philosophy Plato: 'Every heart sings a song, incomplete, until...'- Do we all become poets in love? Here's a timeless thought on love, connection, and the poet within us by the ancient Greek philosopher

Plato's timeless thought suggests every heart holds an incomplete song, yearning for connection and understanding. Love awakens this inner melody, transforming individuals and inspiring creativity, as relationships foster a sense of belonging and reveal deeper aspects of ourselves. This enduring philosophy highlights the universal human need to be seen and…

The Economic Times

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Psychology suggests adults who straighten the kitchen before bed aren’t perfectionists; they’re protecting tomorrow’s first mood, because waking into visible disorder can create stress before the day begins

Imagine sinking into bed with the satisfaction of a clean kitchen waiting for you in the morning. This nightly ritual not only declutters your space but also your mind, making for a serene start to the next day. Studies highlight how our surroundings shape our emotional state; a tidy kitchen…

The Economic Times

Psychology suggests people who keep cash in the house aren’t paranoid; they’re protecting a sense of readiness because certainty feels calming when life has been unpredictable before

Having a little cash tucked away at home can be incredibly reassuring. It prepares individuals for life's little surprises and reduces daily financial pressures. This practice often stems from personal experiences with financial uncertainty, transforming anxiety into a sense of empowerment. Rather than letting fear dictate their actions, savvy savers…

The Economic Times

Struggling Pizza Hut restaurant chain will be sold for $2.7 billion

Pizza Hut is set to be sold for $2.7 billion by its parent company Yum Brands. Private equity firm LongRange Capital will acquire the chain outside of mainland China. Yum China will purchase the mainland China business. This move allows Yum Brands to focus on its stronger performing brands like…

The Economic Times

Quote of the day by Bernard Baruch: "In the stock market, one quickly learns how important it is to act swiftly"

Bernard Baruch highlights the importance of swift decision-making in markets. The piece explains how preparation enables investors to act quickly without being reckless, especially during volatile periods. It emphasises balancing speed with discipline, noting that successful investing depends on readiness, conviction, and the ability to capitalise on time-sensitive opportunities.

The Economic Times

France vs Senegal Key Players FIFA World Cup 2026: Predicted lineups, key players, team news, stats and match prediction

France vs Senegal FIFA 2026: France and Senegal renew their World Cup rivalry on June 16 at MetLife Stadium, a rematch of their famous 2002 opener. With stars like Mbappé and Mané set to feature, both nations aim for a strong start in a highly competitive Group I. France enters…

The Economic Times

NEET re-test nears amid admit card glitches, refund queries

Candidates are facing challenges downloading NEET-UG 2026 re-examination admit cards. The National Testing Agency is working to resolve technical glitches and refund issues. Security arrangements for the retest are being reviewed by the Union home secretary. An alleged fraud network targeting NEET candidates has been busted by Ahmedabad police. The…

The Economic Times

India bonds muted as sparse US-Iran deal details cap oil-led gains

Tuesday saw Indian government bonds holding firm amidst a backdrop of market anticipation surrounding a possible U.S.-Iran peace negotiation. The easing of crude oil prices lent a glimmer of hope to traders. The 6.94% 2036 benchmark note yield settled at 6.8651%, as overnight index swap rates dipped alongside the oil…

The Economic Times

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Greek proverb of the day: 'The sins we often regret are the sins we...' - thought-provoking life lessons on courage, personal growth, taking risks, overcoming fear and self-doubt and why inaction often leads to regret

Greek proverb of the day: People often regret chances not taken more than mistakes made. Fear can prevent individuals from pursuing dreams or embracing opportunities. While mistakes offer lessons, inaction leaves lingering questions. Courageous choices lead to growth and valuable experiences.

The Economic Times

In 1983, engineers squeezed a wireless conversation through a commercial cell network, and mobile phones started becoming real

Mobile communication transitioned from an engineering dream to public reality in 1983. The first US commercial cellular network began operation. This was not about a single call but a system supporting many users. Years of development and testing made this possible. The network, not just the phone, was the key…

The Economic Times

India can build Starlink-like satellite constellations: SatCom India President Subba Rao

India is poised to become a major player in the global space economy. Reforms and government backing are enabling private companies to build satellite constellations. These constellations will serve global markets, offering high-speed internet. Indian entrepreneurship, guided by a broader purpose, will drive this growth. This initiative opens significant opportunities…

The Economic Times

India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiatives

India and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield businesses from fluctuating US dollar values. The initiative will help Sri Lanka conserve its dollar reserves. Indian banks can now offer loans in rupees to Sri Lankan…

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The Economic Times

Psychology says people who press the elevator repeatedly are not necessarily impatient: It is about craving control during tiny moments of uncertainty

The elevator button is just one example of a broader psychological pattern. The key insight is that people are often not trying to make the elevator arrive faster, they are trying to ease their own sense of discomfort and impatience. That may be exactly why these small behaviors are so…

The Economic Times

In 1920, a psychologist watched a toddler learn fear from a white rat and revealed that fear could be learned

A famous psychology study from 1920, the Little Albert experiment, showed fear can be learned. Conducted by John B. Watson and Rosalie Rayner, it paired a rat with loud noises. This influenced decades of research on anxiety and emotional conditioning. However, later reviews questioned its methods and conclusions. The study…

The Economic Times

States' expenditure rises 131% in 10 yrs on welfare, development: CAG Report

States' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the largest budget component. Committed expenses and subsidies consumed over half of revenue spending. Total state expenditure reached Rs 51.20 lakh crore in 2024-25. Budgetary spending averaged between 15.78 and 17.49 percent…

The Economic Times

Kevin Warsh takes Fed pulpit with immediate challenges, longer-term agenda

Federal Reserve Chairman Kevin Warsh leads his first policy session, sending ripples through the investment community eager for clues on monetary policy shifts. With a preference for brevity in his public declarations, Warsh encounters the challenge of aligning expectations for rate cuts with the latest inflation figures.

The Economic Times

India's rice stocks climb to record high; wheat inventories at five-year peak

India's government warehouses hold record rice stocks, up 15% from last year. Wheat inventories are at a five-year peak. These abundant reserves will support increased rice exports. Higher wheat stocks will help manage prices by allowing open market sales. Record production in the last crop year fueled these impressive inventories.…

The Economic Times

Disproportionate, band-aid solution: IFF on Centre's curbs on Telegram ahead of NEET re-exam

The Internet Freedom Foundation has voiced strong opposition to the government's controversial move to not only ban Telegram but also to strip away its message-editing option. With the NEET-UG 2026 re-exam looming, the foundation labels this tactic as a mere quick fix to a much larger problem of cheating.

The Economic Times

BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes over

BigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company announced on Tuesday. Amazon veteran Amit Nanda, the director of selling partner services at the ecommerce major, will be taking over as the chief executive.

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