‘This is the right thing’: Former Army chief Naravane supports RSS general secretary Hosabale on talks with Pakistan. india news

'This is the right thing': Former Army chief Naravane supports RSS general secretary Hosabale on talks with Pakistan
General (Retd) MM Naravane; RSS General Secretary Dattatreya Hosabale

New Delhi: Former Army chief General (retd) Manoj Mukund Naravane on Wednesday supported Rashtriya Swayamsevak Sangh (RSS) general secretary Dattatreya Hosabale’s stance on better people-to-people contacts between India and Pakistan and said stronger ties between citizens of the two sides can help improve bilateral relations.Read this also ‘India should not close the doors of talks with Pakistan’: RSS general secretary Dattatreya HosabaleHe said common people on both sides of the border “have nothing to do with politics”.“The common people live on both sides of the border, they have the same problems of ‘roti, kapda aur makaan’ (food, clothing and shelter). The common man has nothing to do with politics. When there is friendship between two people, there will be friendship between the two countries too,” Naravane told PTI.The former army chief said, “This is the right thing. People-to-people contact is important.”Naravane’s comments come a day after Hosabale, the second-ranking RSS leader after Sangh chief Mohan Bhagwat, said that India should keep the channels of dialogue open with Pakistan.“If Pakistan is trying to carry out Pulwama-like incidents, we will have to respond appropriately as per the situation… At the same time, we should not close the doors. We should always be ready to engage in dialogue,” Hosabale told PTI.He said, “People-to-people ties can reduce India-Pakistan tensions because we have cultural ties and we were once one nation. I strongly believe that civil society contacts will eventually help normalize relations with Pakistan; this should be attempted more now.”Hosabale urged Pakistani players, scientists and civil society members to “move forward” for peace and said the neighboring country’s military “cannot be trusted”.The RSS is the ideological guru of the ruling Bharatiya Janata Party (BJP).Naravane, who served as the Army chief from December 2019 to April 2022, was in the news in February when excerpts from a chapter on the India-China Ladakh crisis, mentioned in his unpublished memoir, were quoted by opposition leader Rahul Gandhi to target Prime Minister Narendra Modi.

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Angelina Jolie’s father Jon Voight married Cecil B. DeMille appeals to meet actress one last time before leaving Los Angeles amid property listing english movie news

Angelina Jolie's father Jon Voight married Cecil B. DeMille appeals to meet actress one last time before leaving Los Angeles amid property listing
Rumors of Angelina Jolie’s move abroad have sparked a wave of emotions from her father Jon Voight. The thought of distance increases her concerns about their fragile relationship; He longs for one last chance to see her before she leaves.

angelina jolieHer father is reportedly concerned about the possibility of moving away from Los Angeles, Jon VoightEmotional and worried about their already strained relationship. The Oscar-winning actor has previously spoken about his desire to live abroad when his youngest children turn 18. Now, Voight fears the move could create more distance between them and is reportedly asking Angelina to see him before he leaves town.

Jon Voight is worried about Angelina Jolie leaving LA

According to In Touch, Jon Voight is battling reports that Angelina Jolie is planning to leave Los Angeles and start over elsewhere. The outlet reported that the 87-year-old actor fears he may never get another chance to see his daughter after she leaves.An insider tells In Touch, “It’s taking a toll on him. Now, he’s begging Angie to meet him at least one last time before he leaves town.”The report states that John and Angelina’s relationship became more strained in 2024 after he commented on his long divorce battle with Angelina. brad pitt. The former couple filed for divorce in September 2016 after two years of marriage.The insider said, “John and Angelina barely speak to each other or see each other these days. But it’s not for lack of effort on his part. He still checks birthday and holiday messages, asks about the kids and prays that one day they’ll be able to put aside their differences and spend quality time together. He misses Angie desperately. John realizes that Angie is ready to start over. But his move still makes her seem a little cold,” the insider said.

Angelina Jolie plans to live life abroad after divorce

Angelina sparked fresh discussion about leaving Los Angeles during an August 2024 interview with The Hollywood Reporter. She said she only lives there “because I have to live here after the divorce.”Angelina and Brad have six children: Maddox, 24, Pax, 22, Zahara, 20, Shiloh, 19, and twins Knox and Vivienne, 17. The twins will turn 18 on July 12 this year.Angelina said, “When you have a big family, you want them to have privacy, peace, security. I have a home now to raise my children, but sometimes it can be too much space… The humanity I found around the world is not what I grew up with here. I will spend a lot of time in Cambodia. I will spend time visiting my family members, no matter where they are in the world.”The actor has also listed his California compound, which was once owned by film producer Cecil B. DeMille, for US$29.85 million.Angelina and John remained separated for nearly seven years before reuniting in 2010 with Brad’s encouragement. In 2017, Angelina told Vanity Fair that John was “very good at understanding that he needs his grandfather at this point. He knows this kind of rule – don’t force him to play with you.”They have different political views, but they have worked on their relationship for 15 years. Angelina’s mother, Marcheline Bertrand, divorced Voight due to adultery when Angelina was a child. Marchelin died in 2017 at the age of 56 after battling breast cancer and ovarian cancer.

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The underground secret world of Mexico City: ancient temples, ritual skulls and a lost civilization that still lurks beneath modern streets. world News

The underground secret world of Mexico City: ancient temples, ritual skulls and a lost civilization still hidden beneath modern streets

Beneath Mexico City’s modern skyline, something old still quietly exists. On the surface, it is a crowded capital full of traffic, offices and constant movement. But just a few meters below, another world appears to exist, one almost frozen in time. Ancient temples, burial courtyards, carved stones and ceremonial remains are hidden beneath layers of concrete and history. It is not visible in everyday life, yet keeps emerging in bits and pieces. Workers digging foundations often find unexpected traces of the past. Archaeologists say the city feels like a living archive, where every excavation can open a new chapter of an old civilization that never completely disappeared.

Tenochtitlan’s buried history under modern Mexico City development

The center of Mexico City is located directly above what was once the Mexica capital of Tenochtitlan. It was a powerful and highly organized city built on islands in a lake. Experts suggest that it was one of the most advanced urban settlements in the Americas before the Spanish conquest. After the arrival of the Spaniards, much of the old city was destroyed or buried under new construction. Churches, palaces, and roads were built directly on sacred Mexica sites. Over time, the original city became hidden under the growing colonial capital.According to the BBC report, even today traces of that ancient world continue to emerge. Archaeologists working near the historic center have discovered temple platforms, ritual objects, and the remains of ceremonial structures. These discoveries show that large parts of the ancient city are still untouched by modern buildings. It is a layered landscape where the past and the present lie virtually on the same ground.

The underground temple beneath the Metropolitan Cathedral of Mexico City

The most fascinating example of this hidden history is located beneath the Metropolitan Cathedral in Mexico City. Archaeologists have found remains associated with the Templo Mayor, the main religious center of the Mexica civilization. This temple was once in the center of Tenochtitlan and was dedicated to powerful gods. Today, parts of its base still exist underground, just beneath busy streets and religious buildings.Tourists can now take guided tours of these underground places. As they descend below ground level, the noise of the city subsides, replaced by stone walls and ancient foundations. Some people find this experience disturbing, while others find it extremely fascinating. Experts say these underground remains help reconstruct how the ancient city was once organized. They also show how deeply connected modern Mexico City is to its pre-Hispanic past.

Find skull racks, ball courts and rituals beneath Mexico City

Over the years, excavations have revealed surprising and sometimes shocking findings. Archaeologists have unearthed a large rack of skulls, which is believed to have been used for ritual performances. Hundreds of skulls were found arranged in structured patterns, suggesting that they were once part of a ceremonial forum. Nearby, the remains of a ball court were also discovered, where the ancient Mesoamerican ball game was played using heavy rubber balls and physical skill.Other discoveries include religious offerings placed near the temple stairs. These include animal bones, shells, coral and carefully arranged objects. Some discoveries reveal connections to important rulers of the Mexica civilization. Experts believe that further structures, including possible tombs, may still be hidden beneath the city. Each excavation appears to add another piece to a much larger puzzle that is still far from complete.

The sinking city reveals secrets beneath Mexico City

Mexico City’s geological foundation is difficult, making the process more challenging. Mexico City lies at the former bottom of a lake that is slowly sinking at different rates in different places. Buildings lean, roads crack, and underground utilities begin to stir. According to archaeologists, due to constant shaking of the foundation, some buried artefacts get exposed.Today, technological advancements are used to survey underground areas through radar and 3D scanners. Despite technological advances, digging is done manually because signals can be misinterpreted. Some artefacts from the colonial period can be considered old.

Everyday life on a buried civilization in Mexico City

What makes Mexico City unusual is how everyday life runs directly over this hidden history. People travel, shop and work without realizing that they are walking on one of the most important archaeological areas in the world. Subway stations sometimes display ancient symbols, and in some underground areas parts of pre-Hispanic structures are visible behind glass panels.Experts say this constant overlap between past and present gives the city a unique identity. It is not just a modern capital, but also a place built on centuries of layered civilization. The remains of Tenochtitlan are no different from those of today’s Mexico City. They are part of it, yet influencing its structure and story.Ultimately, Mexico City feels like a place where two timelines exist at once. One appears, one gets buried. And yet, much of that ancient world remains undiscovered, waiting quietly beneath the streets for the next accidental discovery.

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Uttarakhand government announces fuel-saving measures, cuts number of ministers’ convoys by 50%; Promotes the use of EVs. india news

Uttarakhand government announces fuel-saving measures, cuts number of ministers' convoys by 50%; Promotes EV use

Uttarakhand Chief Minister Pushkar Singh Dhami announced a series of measures aimed at fuel and energy conservation during the cabinet meeting held in Dehradun on Wednesday, citing global economic pressure arising from the Russia-Ukraine war and the ongoing Middle East crisis.The state government said these decisions were taken amid concerns over rising fuel prices, dependence on imports and supply chain disruptions affecting fuel, food items and fertilizers.In major decisions, the number of vehicles in the fleet of the Chief Minister and ministers will be reduced by 50 percent. The government said it would also observe a “No Vehicle Day” every week, during which work-from-home practices would be encouraged.The Cabinet has decided to promote video conferencing for official meetings and encourage greater use of public transport by government employees. Officers handling multiple departments will be allowed to use only one official vehicle per day.The state also announced plans to introduce a new electric vehicle policy under which 50% of all new government vehicle purchases will be electric vehicles. Expansion of EV charging infrastructure will also be given priority.The government said official foreign visits would be restricted and domestic tourism within Uttarakhand would be promoted through campaigns focusing on religious, wellness, rural and eco-tourism circuits.The Cabinet also decided to launch a public awareness campaign to encourage lower consumption of fuel and edible oil. Hotels and eateries will be encouraged to offer less oil-rich menus, while schools, hospitals and government canteens will review oil use.The state government also announced measures to promote natural farming, rooftop solar installation, PNG connections and biogas projects. A high-powered committee headed by the Chief Secretary will give fast track approval for mining, solar and power projects within 60 days.

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Cost of picking up fallen mango in Singapore: Shocking fine of Rs 3.5 lakh

Picking up a fallen mango in Singapore may cost you Rs 3.5 lakh

Picking up a mango that has fallen from a public tree in Singapore can reportedly land you a fine of up to SGD5,000 (about `3.5 lakh) – a fact that has shocked Indian social media users recently. The debate started when Indian-origin Singaporean Priyanka Sinha shared on X that fruit-bearing trees in public places are considered government property, meaning residents cannot pluck or collect the fruit without permission.The Ministry of National Development (MND) states on its website: “Trees, including their fruits, which lie on State lands, belong to the State. NParks manages the majority of trees on State lands. Members of the public who wish to pick fruit from trees, or collect fruit that has fallen from trees on state land, must contact NParks for permission. Those plucking or gathering fruit without permission in a public park can be fined up to $5,000 under the Parks and Trees Act. People who do so in a nature reserve or national park can be fined up to $50,000, and/or imprisoned for up to 6 months.‘What if our pets help us collect?’Naturally, the jokes were ready on the Internet. Many online users compared the situation to India, where roadside fruit trees are often freely accessible to locals. While some joked that such a rule would be impossible to enforce here, others said it reflected Singapore’s strict civil discipline. One user cheekily asked, “What if our pets could help collect?” Another quickly replied, “In Singapore, pets are treated as extensions of the owner. If your pet plucks fruit from a public tree, you are legally considered to have committed or permitted such an act.”

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‘Punjabi Devils’ biker gang founder Jashanpreet Singh gets over 5 years in jail after police seize illegal weapons in California

'पंजाबी डेविल्स' बाइकर गैंग के संस्थापक जशनप्रीत सिंह को कैलिफोर्निया में पुलिस द्वारा अवैध हथियार जब्त करने के बाद 5 साल से अधिक की जेल हुईJashanpreet Singh, 27, of Lodi, California, was sentenced to five years and four months in prison for illegally dealing firearms and possessing a machine gun, according to the U.S. Attorney’s Office for the Eastern District of California.Announcing the sentence, US Attorney Eric Grant said Singh was convicted of illegal firearms dealing and illegal possession of a machine gun. Singh founded the Punjabi Devils Motorcycle Club, an outlaw motorcycle gang based in Stockton. His motorcycle club used Punjab-themed symbols and Sikh imagery.The case relates to an undercover operation conducted on June 6, 2025, when Singh allegedly attempted to sell weapons and firearms-related equipment to an undercover officer. The items included a short-barreled rifle, three assault weapons, three machine gun conversion devices and a revolver.Officers later searched Singh’s residence and vehicle, where they found more weapons and items, including another machine gun conversion device, a machine gun and a silencer. Investigators also seized firearm parts, high capacity drum magazines and numerous other items associated with illegal firearms possession.During the search, officers discovered a suspected military electronic-capped Claymore mine as well as a ‘pineapple-style’ capped and fused hand grenade. Later the bomb squad carefully destroyed both the items at the spot.Singh initially faced charges in San Joaquin County, but failed to appear in court on July 21, 2025. A bench warrant was issued for his arrest.Just a few days later, on July 23, 2025, the FBI received information from US Customs and Border Protection that Singh had booked a flight to India and was scheduled to depart from San Francisco International Airport on July 26. Law enforcement officials arrested him at the airport before he could board the flight. Federal authorities said Singh has since been in custody on charges of fleeing.The prosecution was part of Operation Take Back America, a U.S. Department of Justice (DOJ) initiative focused on combating violent crime, organized gangs, illegal immigration, and transnational criminal networks.

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Evening News Wrap: Prateek Yadav’s autopsy reveals cause of death; CM Vijay cancels appointment of astrologer as OSD and much more. india news

Evening News Wrap: Prateek Yadav's autopsy reveals cause of death; CM Vijay cancels appointment of astrologer as OSD and much more
  • The post-mortem report of late Mulayam Singh Yadav’s son Prateek Yadav has revealed that a blood clot had accumulated in his lungs, leading to cardiorespiratory failure.
  • Tamil Nadu CM Vijay has canceled the OSD appointment of astrologer Ricky Radhan Pandit Vetrivel, a day after opposition parties and allies objected to the move.
  • Arvind Kejriwal urged Gen Z students to demand accountability over the alleged NEET paper leak and questioned the previous CBI investigation into exam leak cases while comparing them with Gen Z of Bangladesh and Nepal.
  • Prime Minister Narendra Modi has asked the Special Protection Group (SPG) – the elite security corps that looks after his security – to make efforts to reduce the number of cars in his convoy by 50%.
  • Air India suspended and reduced flights on 29 international routes till August due to the Middle East conflict, high fuel prices and airspace restrictions.

Here are the top 5 news of the day:

Prateek Yadav died due to blood clot in the lungs, post mortem report revealed!

The post-mortem report of Prateek Yadav, son of late Mulayam Singh Yadav and step-brother of Akhilesh Yadav, revealed that 38-year-old Prateek died due to massive blockage in the blood vessels of the lungs. According to the autopsy findings, the provisional cause of death was recorded as “cardiorespiratory collapse due to massive pulmonary thromboembolism”. Doctors said a large blood clot blocked blood flow to the lungs, causing the heart and respiratory systems to fail. Prateek Yadav was found unconscious at his residence in Lucknow on Wednesday and was taken to the hospital, where doctors declared him brought dead. Read the full story

Tamil Nadu CM Vijay cancels appointment of astrologer as OSD after objection from colleagues

Tamil Nadu Chief Minister Vijay canceled the appointment of his close aide and astrologer Ricky Radhan Pandit Vetrivel as Officer on Special Duty (Political), a day after the decision triggered criticism from opposition parties and allies who argued that personal beliefs should not influence governance. The Tamil Nadu government issued a circular canceling the appointment immediately after the floor test in the assembly. Vetrivel was appointed through an official government order issued on Tuesday and was tasked with assisting the Chief Minister in political coordination and advisory functions within the Chief Minister’s Office. Read the full story

Consequences of fuel crisis: Air India suspends flights on 29 international routes till August, reduces frequency

Air India announced suspension and reduction of services on 29 international routes between June and August 2026 amid the ongoing conflict in West Asia, rising jet fuel prices and airspace restrictions in key regions. The airline said the temporary changes are aimed at improving operational stability and reducing last-minute inconvenience to passengers as the Iran conflict and instability around the Strait of Hormuz continue to disrupt global aviation. Read full list

PM Modi asks SPG to cut convoy size by 50%, promote use of EVs

Prime Minister Narendra Modi has asked the Special Protection Group (SPG) – the elite security corps that looks after his security – to make efforts to reduce the number of cars in his convoy by 50%. Additionally, his wish was to encourage the number of electric vehicles in the fleet, but without purchasing new vehicles to avoid additional expenses. SPG has already started implementing the directive, while ensuring that there is no compromise on the mandatory safety guidelines laid down in the Blue Book. Read the full story

If youth of Bangladesh, Nepal can do this, Indian students can also ensure accountability: Arvind Kejriwal appeals to Gen Z after NEET paper leak

AAP national convenor Arvind Kejriwal urged India’s Gen Z population to demand accountability over the alleged NEET paper leak issue, alleging that repeated exam leaks have shaken students’ faith in the system. Addressing a press conference, the former Delhi Chief Minister called on the youth to protest against those involved in the paper leak cases and questioned the effectiveness of the investigation by the Central Bureau of Investigation in the earlier incidents. Taking a dig at BJP, Kejriwal said, ‘If Gen Z can change governments in countries like Bangladesh and Nepal, then Indian youth can also ensure accountability in paper leak cases.’ Read the full story

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RCB vs KKR: How Kolkata Knight Riders can qualify for IPL 2026 playoffs | cricket news

RCB vs KKR: How Kolkata Knight Riders can qualify for IPL 2026 playoffs
Kolkata Knight Riders captain Ajinkya Rahane spoke to Sunil Narine. (ANI photo)

With just 11 days left in the league stage of IPL 2026, the race for the playoffs has opened up dramatically. The late revival of Kolkata Knight Riders and Chennai Super Kings means that eight teams are still mathematically alive in the race for the last four.For KKR, the turnaround has been remarkable. The team looked to be completely out of action midway through the season after failing to win in six matches – five defeats and no results. But four consecutive wins have brought them back into contention, leading to a tense final round where every match is effectively a knockout.

Watch

Cameron Green backs KKR’s playoff push, praises team culture and Finn Allen

KKR’s playoff equation

KKR are currently eighth with nine points from 10 matches, but have a game in hand on as many rivals. This gives them a maximum of 17 points if they win all four of their remaining fixtures – this total could still be enough to qualify depending on other results.However, their path remains difficult. Statistical estimate: KKR’s chances of reaching the playoffs are only 12.8 percent. They also have an outside chance of making the top two, although that chance is very slim at 3.6 percent.The fixtures ahead are challenging: away to Royal Challengers Bangalore on Wednesday (May 13), followed by home fixtures against Gujarat Titans, Mumbai Indians and Delhi Capitals. Three of them are at the Eden Gardens in Kolkata, giving KKR a significant lead.Watson seems to be regaining confidenceKKR assistant coach Shane Watson said that the team has deliberately avoided thinking too far ahead and is completely focused on the next game.“To be honest, we haven’t talked about the future at all,” Watson said before the match against RCB.He pointed to the team’s improvement in various departments after a difficult first half.“It has been very impressive to be able to see our group really come together in all aspects, from the halfway point of the tournament to the cricket we have been playing especially in the last few matches.”Watson said IPL history shows teams can recover from bad starts and still score deep runs, which is giving KKR confidence.For KKR, the equation is now simple: win all four, and the door to the playoffs may still be open. One miss, and the revival could end just as abruptly as it began.

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IPL 2026: What if RCB vs KKR match in Raipur gets washed out? Playoff race explained cricket news

IPL 2026: What if RCB vs KKR match in Raipur gets washed out? Playoff race explained
KKR vs RCB (Agency Image)

Rain in Raipur has thrown the IPL 2026 match between Royal Challengers Bangalore and Kolkata Knight Riders into uncertainty, with the possibility of rain now looming before the match. If the match is canceled without a result, it will have a very different impact for both sides in the race for the playoffs.For RCB, any result would effectively be another step towards qualification. They will have 15 points from 12 matches and will retain their second position in the table. With 14 points in 11 matches so far and an impressive net run rate of +1.103, RCB have been one of the most consistent teams this season. A washout would keep them firmly in the top-two mix and make their path to the playoffs much stronger.

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IPL 2026: Did GT expose SRH’s batting? Daniel Vettori gave an honest verdict

However, the outcome would be far more damaging for KKR. They will have 10 points from 11 games and will move to seventh place. With a net run rate of -0.169, their position remains fragile despite a recent resurgence, winning four games on the bounce after a poor start to the season.KKR had earlier also been a part of a rare tied contest against Punjab Kings, which ended with both teams sharing points, a result that now adds to their tightly packed mid-table position.In the broader context of their campaign, KKR’s early struggles, where they managed only one point in their first six matches, have left them very little margin for error. Even despite their late revival, a defeat here would leave them in a must-win situation in their remaining three fixtures. Only a perfect finish will realistically take them to the 16-point mark needed to remain in strong playoff contention.The creation of this fixture already included strong narrative threads. RCB reached the top of the table after winning on the last ball Mumbai IndiansWhile KKR had regained momentum through a four-match winning streak, inspired by Finn Allen’s explosive century and a more settled bowling unit led by Varun Chakravarthy’s recent return to form, his fitness remains a concern after suffering an injury in the previous game.For RCB, the focus was on stabilizing a slightly shaky top order in the absence of Phil Salt, with Virat Kohli being out for ducks twice recently and middle-order inconsistencies putting extra pressure on the batting unit.

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Bernard Arnault: Bernard Arnault’s Simple Billionaire Business Lessons That Most Companies Forget Under Pressure world News

Bernard Arnault's Simple Billionaire Business Lessons That Most Companies Forget Under Pressure
Bernard Arnault reiterates simple business rules about long-term success. Image credit – Wikimedia

Bernard ArnaultThe chairman and CEO of luxury conglomerate LVMH has built one of the most successful business empires in the world through years of effort. However, the mindset that helped them build a luxury empire is something many companies forget under pressure. While most CEOs focus their primary attention on quarterly reports, Arnault emphasizes an entirely different approach. He believes that patience can outperform short-term business wins, and there is a need to be long-term oriented rather than just focusing on quarterly results. This advice may seem simple at first glance, but according to business professionals, it represents a comprehensive strategy involving building trust, quality and brand-building over time. In an environment where constant reporting and quick response are keys to success, Arnault’s unique approach sets him apart from other executives. LVMH, with brands such as Louis Vuitton, Dior, Tiffany & Co. and Moët & Chandon, emphasizes long-term desirability and the importance of craftsmanship in its corporate communications with investors and consumers.Why is the advice relevant in the current situation?Reporting is an essential aspect of business operations today. Publicly traded corporations are expected to grow quarter after quarter, and sales and forecasts are constantly monitored by investors. According to experts, the impact of pressure may force organizations to make choices in favor of short-term achievements without considering future sustainability.Arnault’s philosophy is the opposite approach. The emphasis is not on quarterly figures but on ensuring high quality products and a favorable reputation of the company for many years to come.Experts from the business sector claim that once trust and brand value is destroyed, it is difficult to restore it. according to Harvard Business ReviewToo much emphasis on short-term goals by a company can be disastrous as it can affect customer loyalty.Risks of Prioritizing Short-Term GoalsIt is claimed that decision making is changed under the influence of such pressures. In this context, organizations may decide to drastically reduce expenses, cut quality standards, increase production capacity, and use flashy advertising techniques to achieve better short-term results, which may result in a gradual decline in their attractiveness to consumers.In the luxury industry, where brand desirability plays an important role, such an approach becomes extremely risky. However, experts believe that this is valid for any company. For example, a software company may sacrifice usability for quick development. A restaurant chain may choose lower-quality ingredients to cut costs. An online platform may flood its audience with advertisements to maximize profits.Over time, such choices will negatively impact customer experience and loyalty. according to McKinsey & Company studyCompanies with a long-term orientation outperform their peers financially because of their greater emphasis on innovation, learning, and customer relationships.

Why does Bernard Arnault warn against focusing on quarterly results?

Why did Bernard Arnault warn against worrying about quarterly results? Image credit – Wikimedia

Why is patience an asset?Most managers view speed as the key to success, yet several academics have argued that patience can provide distinct competitive advantages. The patient approach enables organizations to devote resources to initiatives that may not yield short-term benefits but will help them grow and compete in the long run. Such initiatives include investments in product quality, customer service, workforce training, and branding.LVMH’s corporate strategies exemplify such a long-term-oriented mindset. Specifically, the company prioritizes craftsmanship, heritage, and effective brand management rather than trying to expand rapidly without regard to sustainability. In line with LVMH’s commitments, brand desirability and identity play a key role in the long-term strategy of the organization.Experts believe that this stability helps businesses remain resilient to changes in the market as consumers continue to associate this particular brand with the same characteristics of reliability and high-quality products.applying learning to real lifeThe thing is, according to professionals, the philosophy shared by Arnault can prove beneficial not only for large multinational corporations but also for small companies, startups, and freelancers. One of the most effective ways to implement this philosophy in practice can be called the “long-term filter”. This means that before taking any important decision, one has to think about its impact on the long-term relationship between the consumer and the company. Questions like the following may be helpful:Will our decision make our customers happier next year?

  • Will our decision strengthen or weaken faith?
  • Are we putting quality above speed or vice versa?
  • Will we be proud of this decision we have taken over many years?

Avoid decisions that may bring quick results but may damage the reputation and future of the company.A lesson that focuses on sustainabilityWhat the billionaire CEO is trying to emphasize is that one should not ignore his quarterly results. His point is that their short-term results should not become the main criteria on the basis of which one acts.The most important assets of many businesses are the most difficult to measure and evaluate in the short term. Trust, appeal, credibility and customer satisfaction can take years to build but disappear overnight. That’s why Arnault’s philosophy about longevity still applies in a global context, and not just within the luxury business.

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