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    A step away from warpath? Russia and UK can just stumble into war

    Russia is escalating its warnings against Britain over London’s military support for Ukraine, including the transfer of technology that could allow Kyiv to manufacture Storm Shadow missiles domestically. Moscow has warned that British military assets in Ukraine and beyond could become targets if British weapons are used against Russian territory.

    Less chips chipping away at AInfra? Nvidia’s server price hike signals rising costs

    Nvidia plans server price increases due to a global chip shortage. This shortage is expected to persist beyond the year 2027. Chipmakers are prioritizing AI-grade chips, impacting consumer electronics production. Rising server costs will increase AI model training and deployment expenses. Businesses face higher capital needs for extensive AI infrastructure development.

    ET World Leaders Forum 2026: Our reform express will move forward at even greater speed, says PM Modi

    Building on the theme of Shared Futures for the ET World Leaders Forum, Prime Minister Narendra Modi says the future of every country is interconnected and nothing is possible in isolation. Listing the nation’s major achievements, he highlighted how, even as global unrest was creating an atmosphere of uncertainty and distrust, India emerged as a bright spot of growth, stability and hope.

    In June 2026, Spain revealed a rare-earth deposit capable of meeting 33% of Europe’s needs. Now, the find could challenge China’s grip on critical minerals and strengthen continent’s push for mineral independence

    A rare-earth deposit identified in Campo de Montiel, central Spain, could become an important source of materials for Europe’s electric vehicles, wind turbines, electronics and other technologies. Quantum Minería estimates the resource could produce around 2,300 U.S. tons of rare-earth materials annually, potentially covering up to one-third of European needs. The discovery comes as the EU seeks greater control over critical mineral supply chains and faces heavy dependence on China for rare-earth processing.

    PM Modi says ‘production-linked punishment’ era once held back Indian industry; pegs India as world’s fastest-growing economy

    Prime Minister Narendra Modi on Friday said India had moved from the Licence Raj-era “Production Linked Punishment” model to incentivising production through the PLI scheme, which he said has generated ₹2.5 lakh crore in investment, ₹22 lakh crore in production and sales, ₹15 lakh crore in exports and over 14 lakh jobs.

    Psychology says people who keep emergency cash in multiple places may think about future uncertainty differently

    Keeping emergency cash in several places may reflect a particular way of managing uncertainty. The person may not expect anything to go wrong. Instead, they feel more secure knowing that if something unexpected happens, they have a backup and more than one option available.

    The Economic Times
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