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The Latest Breaking News from The Economic Times

Quote of the day by Aristotle: 'Our problem is not that we aim too high and miss, but that...' Life lessons on success, goals, hard work, human nature and why one should stay focused to excel in life

Quote of the Day by Aristotle highlights the importance of setting bigger goals in life. The quote says that people often limit themselves by aiming too low instead of challenging their potential. It teaches lessons about success, goals, hard work, focus, growth, human nature, and personal development. The message remains…

The Economic Times

Quote of the day by Jane Austen: 'One half of the world cannot understand the pleasures...' Life lessons on understanding, love, happiness, relationship and human nature

Quote of the Day by Jane Austen highlights an important truth about human nature. The quote, "One half of the world cannot understand the pleasures of the other," explains how people often see life through different experiences and beliefs. The message remains relevant in relationships, love, happiness, understanding, and daily…

The Economic Times

Chinese Proverb of the Day: 'When I look at you, I see the rest of my life...'- A heartfelt lesson about love, commitment, and shared dreams

A Chinese proverb reveals a profound perspective on love. It suggests that true affection involves envisioning a shared future with a loved one. This wisdom emphasizes commitment, trust, and the beauty of building a life together. The saying reminds us that meaningful relationships are forged through everyday moments and mutual…

The Economic Times

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Quote of the Day by Isaac Asimov: 'In life, unlike chess, the game continues after...'- A powerful lesson about resilience and moving forward by one of the 'Big Three' science fiction writers

Science fiction legend Isaac Asimov's quote, “In life, unlike chess, the game continues after checkmate,” offers a powerful lesson on resilience. It highlights that life's setbacks are not final endings but opportunities for new beginnings and growth, encouraging perseverance beyond apparent defeats.

The Economic Times

US stocks: SpaceX shares close 19% higher in historic market debut, value surges past $2 trillion

SpaceX's Nasdaq debut shattered expectations, soaring past $2 trillion and becoming the sixth-largest U.S. company. Investors, from institutions to retail fans, celebrated the record-breaking IPO, which raised $75 billion. Despite a reported loss last year, the company's ambitious vision and market opportunity captivated the market, with shares closing up 19%.

The Economic Times

US stocks: US market ends up on Iran war peace deal hopes, SpaceX's historic debut

U.S. stocks climbed Friday, buoyed by hopes of a U.S.-Iran peace deal and the historic debut of SpaceX, which surged past its IPO price. Progress in peace talks eased inflation and interest rate concerns, while SpaceX's strong opening captivated investors despite its recent losses. Other space stocks saw a slight…

The Economic Times

China's May loan growth dips on weak demand

Aggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data released by the People's Bank of China on Friday. While that exceeded the median estimate in a Bloomberg survey of economists, it was more than 11% weaker than in the year…

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UAE to unlock billions of dollars for Iran, sources say

US-Iran war: The United Arab Emirates is set to release billions of dollars to Iran. This move follows weeks of Iranian attacks on the UAE. The agreement is part of wider negotiations between Iran and the United States. These talks could lead to the release of significant Iranian oil revenues.…

The Economic Times

Turn for peace on the day Trump turns 80? US, Iran could sign MoU on Saturday

Iranian foreign minister Abbas Araghchi posted on Friday on X that an agreement "has never been closer". He gave no details, saying a final deal was still pending. US President Donald Trump shared Araghchi's post on his own social media. Trump, who turns 80 on Sunday, called off threatened strikes…

The Economic Times

Quote of the Day by Audrey Hepburn: “Make-up can only make you look… — Life lessons on beauty, character, empathy and why actions speak louder than appearances

Quote of the Day by Audrey Hepburn highlights the meaning of “Make-up can only make you look pretty on the outside but it doesn't help if you're ugly on the inside. Unless you eat the make-up.” The quote emphasizes that physical appearance and external beauty are only surface-level qualities. It…

The Economic Times

Chinese Proverb of the Day: 'The flower has intentions, but the water has no feeling...'- A timeless lesson about unreturned feelings and life’s uncertainties

A Chinese proverb, "The flower has intentions, but the water has no feeling," illustrates the pain of one-sided emotions and life's uncertainties. It uses the imagery of a flower reaching out to flowing water to explain that affection and effort are not always reciprocated. The saying encourages acceptance and emotional…

The Economic Times

Examination system in crisis: The urgent need to shift focus from cost to capability

Recent examination fiascos highlight a critical need to reform India's testing system. Current procurement practices favor low costs over essential capabilities. This approach compromises physical security, cybersecurity, personnel quality, and real-time monitoring. A shift towards evaluating demonstrated capability, resilience, and accountability is crucial. This will rebuild trust in the examination…

The Economic Times

Chinese proverb of the day: 'A man who plants melons will harvest melons, and a man who plants...' - inspiring lessons on life's choices, value of consistent effort, consequences how actions shapes our outcomes

Chinese proverb of the day: Chinese saying emphasizes that actions directly lead to corresponding outcomes, as illustrated by the proverb, 'A man who plants melons will harvest melons, and a man who plants beans will harvest beans.' This highlights the importance of personal responsibility, consistent effort, and thoughtful choices in…

The Economic Times

Leopard sightings surge in Delhi's Asola Bhatti sanctuary

Leopard sightings are becoming common in Asola Bhatti Wildlife Sanctuary. Forest officials report a rise in the big cat population, indicating better habitat. More spotted deer and wild boar are also seen. This ecological improvement is attributed to habitat management and increased protection. The sanctuary's ecosystem is becoming more robust.

The Economic Times

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From forests to fields: How India's earliest rebels fought colonial exploitation before 1857

Across the annals of Indian history, we find vivid accounts of agrarian resistance standing firm against exploitation. From indigenous forest societies to ambitious cultivators, these groups have historically confronted oppressive governance. Their battles predated revolutionary movements like Naxalism and set a precedent for future uprisings.

The Economic Times

France’s Mistral in funding talks at about €20 billion valuation

French AI startup Mistral AI is reportedly in talks to raise approximately €3 billion ($3.5 billion) at a valuation of around €20 billion. This significant funding aims to bolster its position in the competitive AI landscape against US and Chinese rivals. The company, founded by former Google and Meta researchers,…

The Economic Times

Quote of the day by J.P. Morgan: 'People without homes will not quarrel with their leaders. This is well known among our...' - thought-provoking economic lessons on power, capitalism, public influence, leadership and social division by founder of JPMorgan Chase & Co

Quote of the day by J.P. Morgan (John Pierpont Morgan): Financier J.P. Morgan's words highlight how economic insecurity can make people vulnerable. He suggested that dividing the populace prevents unity, allowing powerful groups to maintain control. This strategy distracts from issues like wealth concentration.

The Economic Times

Quote of the day attributed to Alexander the Great: “I am not afraid of an army of lions…” a lesson on true leadership

This timeless quote, often attributed to Alexander the Great, underscores the paramount importance of leadership over sheer talent. It illustrates how a strong, visionary leader can transform an ordinary group into an extraordinary force, while weak leadership can cripple even the most capable individuals. The enduring message highlights leadership's power…

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The Economic Times

Chinese Proverb of the Day: “Marrying a woman eight years older guarantees the… — Life lessons on perception, social expectations, compatibility, experience and why age is just a number

Chinese Proverb of the Day highlights the meaning of “Marrying a partner with an age difference is believed in some traditional sayings to bring prosperity.” The saying reflects how cultural beliefs often connect age, experience, and maturity with ideas of stability and success in family life rather than focusing on…

The Economic Times

Spanish Proverb of the Day: 'When you love someone you’ll suffer pain...'- A deep lesson about the cost of caring and love

A Spanish proverb reveals that loving someone inevitably brings pain, either through empathy for their struggles or jealousy over their successes. This ancient wisdom acknowledges the complex emotional landscape of deep connections. Real love involves vulnerability and is not always effortless. Understanding these emotions fosters stronger, more mature relationships.

The Economic Times

Explained: SpaceX's IPO includes a 'greenshoe' option. Here's what that means

SpaceX's record $75 billion IPO includes a greenshoe option, allowing for the sale of an additional 15% of shares. This standard feature, designed to stabilize trading, could raise SpaceX an extra $11.2 billion if demand remains strong. The greenshoe option, named after a 1960 IPO, helps manage volatility for newly…

The Economic Times

Brazil and Morocco set for intriguing FIFA World Cup 2026 clash

Brazil and Morocco will clash in a key FIFA World Cup 2026 match. Brazil, aiming for a record sixth title, faces Morocco, who made history by reaching the 2022 semi-finals. This Group C encounter promises excitement. Fans in India can watch the game on ZEE5. The match is set for…

The Economic Times

FIFA 2026 is so much more than football

The 2026 Football World Cup is a significant economic event, contributing billions to global GDP. For India, this translates into measurable market impacts, from media rights deals boosting stocks to increased activity in travel, food delivery, and consumer electronics. Smart investors recognize these events as demand signals, shifting towards opinion-led…

The Economic Times

AI171 crash investigators did not give much importance to lone survivor's statement: Pilots body

Pilots' body criticizes the investigation into the Air India flight 171 crash. They claim the lone survivor's account of flickering lights was overlooked. This detail could have shed light on potential electrical failures. The Federation of Indian Pilots has expressed dissatisfaction with the Aircraft Accident Investigation Bureau's handling of the…

The Economic Times

PNB, Ujjivan raise FCNR deposit rates

Punjab National Bank and Ujjivan Small Finance Bank have raised interest rates on FCNR(B) USD deposits for Non-Resident Indians. This move follows the RBI's announcement of a foreign currency swap window. Bank of Baroda has also introduced a new retail term deposit scheme for resident Indians. These initiatives aim to…

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