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The Latest Breaking News from The Economic Times

Three ways Trump could get a stake in AI firms for the US

President Donald Trump is actively investigating how to ensure that the American public can benefit from the lucrative advancements within the AI industry. Suggested strategies encompass government equity shares in AI companies, specialized tax reforms, and potential stock-based remuneration. Additionally, concepts like a 'public wealth fund' or 'digital dividend,' reminiscent…

The Economic Times

Lucid Motors layoffs 2026: EV maker slashes jobs ahead of SUV launch - why is Lucid laying off employees, how many jobs are being cut and which roles are impacted?

Lucid Motors layoffs 2026 explained: EV maker Lucid Motors is undergoing significant workforce reductions, cutting approximately 18% of its global staff, around 1,500 employees. This move, coupled with the elimination of a production shift, signals a strategic reshaping under new CEO Silvio Napoli.

The Economic Times

Tata Electronics hit by cyber breach claiming to expose Apple, Tesla trade secrets

Tata Electronics has confirmed a cybersecurity incident, with ransomware group World Leaks claiming to have posted sensitive design and specification documents belonging to Apple and Tesla. While Tata states operations remain unaffected, Apple is reportedly investigating the breach, which has seen over 200,000 files leaked. This incident marks another challenge…

The Economic Times

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Life Lesson quote by Maya Angelou: 'My mission in life is not merely to survive, but to thrive; and to do so with some passion, some compassion, some humor and some style' offers philosophy on relationships, joy, kindness and how to treat other people

Life Lesson quote by Maya Angelou offers timeless wisdom about living fully and purposefully. It teaches that life should be about more than simply enduring challenges. True fulfillment comes from pursuing our passions, showing compassion toward others, maintaining a sense of humor, and embracing our individuality. By incorporating these qualities…

The Economic Times

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

Indian markets ended higher on Monday, snapping Friday's pause in momentum. Investors will track US-Iran developments, technical levels, sectoral trends, weekly expiry volatility and key stock-specific action on Tuesday. Banking, utilities and healthcare stocks remained supportive, while broader market sentiment stayed positive despite monsoon-related concerns.

The Economic Times

Who is Kunal Shah? CRED founder who sold FreeCharge for ₹2,800 crore, built CRED into a $325M fintech giant, and now set to lead WhatsApp

Kunal Shah, the visionary behind CRED, is set to lead WhatsApp globally following Meta's substantial investment. Renowned for scaling CRED and previously selling FreeCharge for ₹2,800 crore, Shah's journey from humble beginnings to a fintech titan is remarkable. He will transition from CRED's CEO to Meta's global leadership, marking a…

The Economic Times

Psychology says people who wash their hands 10 times a day aren't always germaphobes, they may be trying to calm an overworked mind

Psychology teaches us that everyday habits often reflect deeper emotional needs. The soap itself is rarely the real story. The sense of reassurance it provides is. While handwashing is certainly about hygiene for many people, for others it can also be a small ritual that creates comfort, predictability, and a…

The Economic Times

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Spanish Proverb of the Day: “Flies don’t enter a closed Mouth” — The unexpected life lesson inside an old Spanish proverb that shows why silence often creates more success, respect, and understanding than endless words ever could

Spanish proverb of the day: In a world overflowing with opinions, an old Spanish proverb offers a timeless advantage: knowing when to stay silent. “Flies don’t enter a closed mouth” reveals why restraint, thoughtful speech, and careful listening often lead to greater wisdom, stronger relationships, and fewer regrets.

The Economic Times

Iranian President Masoud Pezeshkian to visit Pakistan on Tuesday

Iranian President Masoud Pezeshkian arrives in Islamabad on Tuesday for a state visit, aiming to bolster diplomatic ties and discuss regional developments with Pakistan's top leadership. This visit, following Iran's recent talks with the US, will explore deepening cooperation in trade, energy, and security. President Pezeshkian will meet with President…

The Economic Times

Best proverb of the day: 'Heaven has a road, but no one travels it; Hell has...' Life lessons from Chinese proverb on human nature, free will, suffering, corruption, enlightenment, righteousness, unchecked emotions, greed and ignorance

Best proverb of the day highlights a Chinese saying that explains how people often avoid the path of honesty while choosing actions that create suffering. The proverb talks about human nature, free will, greed, ignorance, corruption, righteousness and enlightenment. Its message remains useful because it reminds people that daily choices…

The Economic Times

Who is Will Cathcart? WhatsApp leader exits after steering it through privacy battles, monetisation push

Cathcart’s departure comes at a time when WhatsApp is in the middle of a transition. Under him, the platform recently rolled out Meta’s AI assistant powered by its latest model, Muse Spark, alongside privacy-focused features such as “incognito chat” built on confidential computing infrastructure using chips from AMD and Nvidia.

The Economic Times

Life lesson of the day by Confucius: “It does not matter how slowly you… – Inspiring lessons on perseverance, consistency, determination, resilience and why you should never give up

Life Lesson of the Day by Confucius: Confucius’s quote, “It does not matter how slowly you go, so long as you do not stop” explores the importance of perseverance, patience, and consistent effort in life. The quote suggests that progress is not defined by speed, but by the commitment to…

The Economic Times

Quote of the day by Ringo Starr: 'The drummer's always going to be there. They're the floor of the...' - The Beatles drummer and Yellow Submarine singer reveals why success depends on the people behind the scenes and importance of teamwork

Quote of the day by Ringo Starr: Legendary Beatles drummer Ringo Starr emphasizes the crucial, often overlooked, role of rhythm sections in music. Starr's perspective highlights the power of teamwork and the importance of appreciating those who work diligently behind the scenes, ensuring collective success in any endeavor.

The Economic Times

RBI sold net $8.9 billion in April, gold holdings unchanged

The Reserve Bank of India engaged vigorously in the forex market in April, offloading a net amount of $8.94 billion to protect the rupee from plunging to record lows caused by the U.S.-Iran crisis and increasing oil costs. While gold stocks stayed stable, improving geopolitical conditions have bolstered the rupee's…

The Economic Times

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Kerala reports 10 new Shigella cases; Nipah contained, Ebola vigil intensified

Kerala is grappling with a surge in Shigella infections, reporting 10 new cases and a yearly total of 226. While Nipah virus spread has been contained, authorities remain vigilant. Outbreaks are noted in several districts, with Kozhikode heavily impacted. Meanwhile, stringent Ebola surveillance is in place at entry points, with…

The Economic Times

X, Reddit down: Why are Twitter and Reddit facing an outage and what you can do now?

Twitter down: Major social media platforms X and Reddit experienced widespread outages across India, the US, and other regions on Monday. Thousands reported issues, with the problems surfacing around 9:30 a.m. EST. While the cause remains unclear and a quick fix is not possible, users are advised to verify outages,…

The Economic Times

X hit by brief global outage as thousands report server issues; service restored

Social media giant X faced significant disruptions Monday evening, with a dramatic surge in user complaints on Downdetector. Thousands reported issues accessing the app, logging in, and using the feed, indicating a sudden and widespread problem. This abrupt spike in reports, escalating rapidly within minutes, left many users unable to…

The Economic Times

Quote of the Day Brad Pitt: 'I believe you make your day. You make your life. So much of it is all perception, and this is the form that I built for myself' offers life lesson on happiness, success, responsibility, how we should respond to situation

Brad Pitt Quote of the Day quote offers valuable insight into the role of perception, self-acceptance, and personal responsibility in shaping our lives. It teaches that while we cannot control every circumstance, we can control how we view and respond to them. Our attitudes, choices, and actions have a significant…

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The Economic Times

Keir Starmer Net Worth: Ex UK PM's career earnings, salary, assets and investments explained

Keir Starmer Net Worth: UK Prime Minister Keir Starmer has resigned after nearly two years, facing internal party criticism and a challenge from Andy Burnham. His estimated net worth ranges from £7 million to £15 million, derived from his legal career and investments. Apart from these, he also earned a…

The Economic Times

'Operation Tiger is complete,' says Shinde as 6 Uddhav MPs join his Sena; calls them Dhurandhar

Maharashtra Deputy Chief Minister Eknath Shinde declared 'Operation Tiger' complete as six rebel Shiv Sena (UBT) Lok Sabha members officially joined the ruling Shiv Sena. This move formalizes another split in Uddhav Thackeray's faction. Shinde hailed the defectors as 'stalwarts' and stated the Shiv Sena is now the second-largest party…

The Economic Times

Vedanta Aluminium Metal to double production capacity to 60 LTPA

Vedanta Aluminium Metal Ltd, now a listed entity, plans to double its production capacity to 60 lakh tonnes per annum. This expansion aims to meet surging demand from infrastructure, automotive, and electrification sectors. With existing facilities in Odisha and Chhattisgarh, and significant captive resources, the company is set to become…

The Economic Times

Psychology says people who cannot accept expensive gifts are not ungrateful: Why generosity can sometimes feel emotionally heavy instead of joyful

Psychology suggests that people who struggle to accept expensive gifts are rarely being ungrateful. More often, they are responding to deeper concerns surrounding fairness, independence, and emotional balance.

The Economic Times

75 Indian students awarded Erasmus+ scholarships; EU-India Student Ambassadors' Network launched

The EU has launched a new Student Ambassadors' Network involving 40 students from 20 Indian universities to promote European academic and research opportunities. This initiative, alongside awarding 75 prestigious Erasmus Mundus scholarships to Indian students for 2026-2028, aims to deepen youth engagement in the EU-India partnership. Europe remains a top…

The Economic Times

What’s behind the giant brown ribbon stretching thousands of miles across the Atlantic ocean?

A giant brown ribbon stretching thousands of miles across the Atlantic is revealing how closely Earth's oceans, climate, and ecosystems are connected. As the Great Atlantic Sargassum Belt reaches record levels, scientists are uncovering surprising clues about warming seas, nutrient pollution, and the changing balance of life in the Atlantic…

The Economic Times

TCS to kickstart Q1 earnings on July 9, sets record date for potential dividend

TCS will kick off the Q1FY27 earnings season on July 9, with its board set to consider an interim dividend alongside quarterly results. Investors will closely track management commentary on AI-driven demand, client spending trends, deal wins, margins and the broader outlook for the IT services sector.

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