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Economic Times
5 days ago
- Business
- Economic Times
Possessions possess
Elias Canetti's said, 'To possess is to be possessed.' His idea encapsulates the complex relationship between ownership and its psychological implications. When we acquire possessions, whether material or intangible, there is a reciprocal effect that occurs. On one hand, the act of possessing provides a sense of control and power, as one gains ownership and influence over something or someone. However, simultaneously, this act of possession also possesses us, exerting an undeniable hold on our lives. The more we possess, the more we are consumed by the responsibilities, obligations and even emotional attachments. Hence, Canetti suggests that possession goes beyond the physical aspect, infiltrating our thoughts, emotions and identity, ultimately exerting a powerful influence on our lives. An everyday example further elucidates Canetti's statement. Nowadays, almost all of us possess high-end phones. But, in fact, these expensive gadgets have possessed us as we all have become slaves to them. We're all at sea without them. The great Persian mystic Jalaluddin Rumi says, 'Own nothing, for what you own eventually owns you.' We keep accumulating objects of material comforts only to be consumed by them sooner or later. It's like a snake swallowing and consuming its own tail. Try not to possess more than what's required. When possessions start possessing you and threaten to take your contentment away, it's time to bid farewell to them. (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. As 50% US tariff looms, 6 key steps that can safeguard Indian economy As big fat Indian wedding slims to budget, Manyavar loses lustre Why are mid-cap stocks fizzling out? It's not just about Trump tariffs. The airport lounge war has begun — and DreamFolks is losing Stock Radar: UNO Minda eyeing fresh 52-week high in next few weeks; check target and stop loss for long positions Buy, Sell or Hold: Antique recommends buy on Siemens; Avendus upgrades SBI to Buy post June quarter results Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 25% Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Economic Times
6 days ago
- Business
- Economic Times
IndiGo to operate direct flights from Mumbai to Tashkent, Almaty from September 1
Agencies IndiGo will begin operating four weekly flights from Mumbai to Tashkent and Almaty starting September 1, adding new international routes to its network. The airline recently launched flights from Mumbai to Tbilisi, Georgia, further broadening its international network. Mr. Vinay Malhotra, Head of Global Sales at IndiGo, said in an official statement, 'Building on the successful operations from New Delhi to Tbilisi, Almaty, and Tashkent, we are pleased to now connect all these destinations with Mumbai. Recently, we also started long-haul flights from Mumbai to Manchester and Amsterdam, marking our entry into Europe. With these additions, IndiGo will further strengthen connectivity from the country's financial capital to destinations within India and around the world. We hope customers will enjoy flying to different parts of the globe from Mumbai with India's preferred airline.' Flight schedule: Flight No. Origin Destination Frequency Effective date Departure Arrival 6E 1821 Mumbai Tashkent Mon, Wed, Fri, Sun September 1, 2025 09:55 15:00 6E 1822 Tashkent Mumbai Mon, Wed, Thu, Sat September 1, 2025 16:20 21:55 6E 1817 Mumbai Almaty Tue, Wed, Fri, Sun September 2, 2025 19:00 00:25 6E 1818 Almaty Mumbai Mon, Wed, Thu, Sat September 3, 2025 01:25 08:20 According to a PTI report, IndiGo had temporarily suspended flights to Almaty and Tashkent since April due to operational challenges caused by the closure of Pakistan's airspace. With a fleet exceeding 400 aircraft, IndiGo operates more than 2,200 daily flights to over 40 international and 90 domestic destinations. The new routes will strengthen connectivity between India and key cities in Central Asia. (Join our ETNRI WhatsApp channel for all the latest updates) Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. As 50% US tariff looms, 6 key steps that can safeguard Indian economy As big fat Indian wedding slims to budget, Manyavar loses lustre Why are mid-cap stocks fizzling out? It's not just about Trump tariffs. The airport lounge war has begun — and DreamFolks is losing Stock Radar: UNO Minda eyeing fresh 52-week high in next few weeks; check target and stop loss for long positions Buy, Sell or Hold: Antique recommends buy on Siemens; Avendus upgrades SBI to Buy post June quarter results Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 25% Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Economic Times
08-08-2025
- Business
- Economic Times
South Korea delays decision on Google's request for map data exports
AP South Korea delayed a decision on Friday on a request from Google for permission to export map data, following U.S. pressure to address what Washington regards as a non-tariff barrier during recent trade talks, its transport ministry said. South Korea and the United States are preparing for a summit of their leaders, possibly this month, after reaching a trade deal in late July, but it was not clear whether the map issue will be discussed at the meeting. South Korea previously rejected requests from Google, whose parent is Alphabet, for permission to use map data on servers outside the country, in 2016 and 2007, citing security concerns. South Korea's Ministry of Land, Infrastructure and Transport said in a statement its National Geographic Information Institute had decided to postpone the decision for 60 days to give Google time to come up with measures that address its security concerns. Google has said there were no security concerns about its mapping data on South Korea, saying the data are publicly available and used by a number of companies, after going through a security review by a government agency. The company said, however, it is closely discussing with the South Korean government about taking any other security measures requested by the authorities, while considering plans to purchase blurred images from local partners which have been approved by the government. South Korea, whose 1950-53 war with North Korea ended without a peace treaty, argues that if it allowed such data to leave the country, the locations of military facilities and other sensitive sites could be revealed. But the U.S. said restrictions on cross-border data flows have long served as barriers to operating navigation services through Google Maps and Apple Maps, resulting in U.S. companies losing out in the South Korean market. South Korea had not made concessions on the map issue and also on further opening up agriculture, despite early and intense bilateral talks, presidential adviser Kim Yong-beom had said. Google said the lack of data restricts its Google Maps services in Korea, causing major inconveniences to foreign tourists. Late last month, Transport Minister Kim Yoon-duk said South Korea needed to be "very cautious" about granting map access, saying defence and public safety were prioritised over trade. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. End of an era: The Maggi Man who rebuilt Nestlé India bows out In a flat market, are REITs the sweet spot between growth and safety? India's last cement IPO did not work. Can JSW Cement break that curse? The airport lounge war has begun — and DreamFolks is losing Stock Radar: APL Apollo Tubes stock fails to hold momentum after hitting highs in June; what should traders do? Multibagger or IBC - Part 18: This auto ancillary started with wheels. It now also powers wind & war Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus Transformation underway & no tariff threat: 6 large-caps power stocks with an upside potential of up to 36%
Economic Times
08-08-2025
- Business
- Economic Times
US stops third-party passport collection; all Indian applicants must collect in person
Agencies The United States has ended the facility allowing third-party passport collection, effective 1 August 2025. The change, according to the updated guidelines, is aimed at strengthening the safety and security of passports and supporting documents. Applicants are now required to collect their passports or visa documents in person from the embassy or consulate. For applicants under 18 years of age, collection must be done by a parent or legal guardian. They must present an original consent letter signed by both parents, along with a clear photocopy of both parents' Indian government-issued photo IDs showing their address. Scanned or emailed consent letters will not be accepted. Birth certificates or school ID cards may also be used as supporting documents for minors. While in-person collection is now mandatory, applicants have the option to get their passports delivered to their home or office for a fee of ₹1,200 per applicant. Documents required for collection For adult applicants, the required documents include: Original valid Indian government-issued photo ID with address A photocopy of the same ID Copy of the appointment letter (preferred for faster processing) For minors, the required documents include: Birth certificate or school ID card Original and photocopy of the parent/guardian's Indian government-issued photo ID with address Original consent letter signed by both parents Photocopy of both parents' Indian government-issued photo ID with address Accepted IDs include the passport biographic information page, voter ID, driving licence, or Aadhaar card. Not accepted are employment ID cards issued for Indian government jobs, senior citizen cards, and PAN cards. The updated rules apply to all US visa and passport pickups in India, and applicants are advised to check their documents in advance to avoid delays at the collection point. (Join our ETNRI WhatsApp channel for all the latest updates) Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. End of an era: The Maggi Man who rebuilt Nestlé India bows out In a flat market, are REITs the sweet spot between growth and safety? India's last cement IPO did not work. Can JSW Cement break that curse? The airport lounge war has begun — and DreamFolks is losing Stock Radar: APL Apollo Tubes stock fails to hold momentum after hitting highs in June; what should traders do? Multibagger or IBC - Part 18: This auto ancillary started with wheels. It now also powers wind & war Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus Transformation underway & no tariff threat: 6 large-caps power stocks with an upside potential of up to 36%
Economic Times
05-08-2025
- Automotive
- Economic Times
Tesla, Elon Musk sued by shareholders over Robotaxi claims
Reuters Elon Musk and Tesla were sued by shareholders who accused them of securities fraud for concealing the significant risk that the company's self-driving vehicles, including the Robotaxi, were dangerous. The proposed class action was filed on Monday night, following Tesla's first public test of its robotaxis in late June in the company's Austin, Texas, hometown. That test showed the vehicles speeding, braking suddenly, driving over a curb, entering the wrong lane, and dropping off passengers in the middle of multilane roads. Tesla's share price fell 6.1% over two trading days after the test began, wiping out about $68 billion of market value. Musk and his electric vehicle maker were accused of repeatedly overstating the effectiveness of and prospects for their autonomous driving technology, inflating Tesla's financial prospects and stock price. Shareholders said this included Musk's assurance on an April 22 conference call that Tesla was "laser-focused on bringing robotaxi to Austin in June," and Tesla's claim the same day that its approach to autonomous driving would deliver "scalable and safe deployment across diverse geographies and use cases." Tesla did not immediately respond on Tuesday to requests for comment. Chief Financial Officer Viabhav Taneja and his predecessor Zachary Kirkhorn are also defendants. Expanding robotaxis is crucial for Tesla as the company faces falling demand for its aging electric vehicles and a backlash over Musk's politics. Musk, the world's richest person, wants to offer the service to half the U.S. population by year end, but must convince regulators and assure the public his technology is safe. Monday's lawsuit in Austin federal court is led by Tesla shareholder Denise Morand, and seeks damages for shareholders between April 19, 2023 and June 22, 2025. A Florida jury on August 1 found Tesla 33% responsible for a 2019 crash involving its self-driving software, which killed a 22-year-old woman and injured her boyfriend, and ordered it to pay about $243 million in damages to victims. Tesla blamed the driver and plans to appeal. The case is Morand v Tesla Inc et al, U.S. District Court, Western District of Texas, No. 25-01213. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Can Coforge's ambition to lead the IT Industry become a reality? BlackRock returns, this time with Ambani. Will it be lucky second time? Amazon is making stealthy moves in healthcare, here's why! The trader who blew the whistle on Jane Street Stock Radar: Globus Spirits breaks out from 9-month consolidation; check target & stop loss for long positions Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus These large-caps have 'strong buy' & 'buy' recos and an upside potential of more than 25% Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 36% in 1 year
