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The Latest Breaking News from The Economic Times

Rising bond yields and inflation remain key risks for markets: Candace Browning

Global investors are focusing on artificial intelligence driven earnings growth, overshadowing geopolitical concerns. Strong US corporate profits and expectations of easy monetary policy are supporting markets. While some sectors may recover at different paces after conflicts, the AI investment boom is expected to continue for at least another 12 to…

The Economic Times

Thailand becomes first country to enforce 21-day Ebola quarantine

Thailand has implemented a mandatory 21-day quarantine for travelers from the Democratic Republic of Congo and Uganda due to the Ebola outbreak. This measure, effective May 27, 2026, applies to those who have traveled from or passed through these nations within the last 21 days. The move aims to bolster…

The Economic Times

India needs structural reforms, not subsidies, to shield economy from West Asia shocks: Report

India must shift from subsidy reliance during global crises to structural reforms for economic resilience. Rising geopolitical tensions highlight vulnerabilities in energy, industrial feedstocks, and supply chains. A white paper by Think Change Forum proposes a three-point agenda focusing on export competitiveness, import discipline, and trade defence. Key recommendations include…

The Economic Times

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Punjab records 5,300 high-risk C-section deliveries under Sehat Yojana

Punjab's Mukh Mantri Sehat Yojana has provided vital healthcare for over 7,300 mothers and newborns. The scheme covered 5,300 high-risk caesarean deliveries and supported over 2,000 neonatal care cases. This initiative has significantly reduced financial burdens for families needing critical maternal and infant treatment.

The Economic Times

Centre moves SC for transfer of pleas against transgender law from high courts

The government has approached the Supreme Court to centralize all legal challenges against the Transgender Persons (Protection of Rights) (Amendment) Act, 2026. These challenges are currently spread across various High Courts. The move aims to prevent conflicting judicial decisions on the federal legislation. Activists and the LGBTQ+ community are concerned…

The Economic Times

Iran war fallout amplifying Europe's financial vulnerabilities, ECB warns

The ECB warns of potential financial instability due to an abrupt bond market repricing, fueled by high government spending needs and hedge fund exposure. Lingering geopolitical tensions and US debt worries could amplify these risks, impacting euro zone growth and fiscal sustainability.

The Economic Times

Senior Ukrainian commander sees imminent 'turning point' in war

A senior Ukrainian commander believes the next six months are critical for Ukraine to seize battlefield initiative and strengthen its position for peace talks. Brigadier General Andriy Biletsky predicts a turning point is imminent, stating Russia's army is exhausted and incapable of major breakthroughs. Ukraine aims to gain momentum to…

The Economic Times

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CBSE OSM row: Congress says ' Mantri Pradhan' s insistence' on holding on to his office shameful

The Congress party has strongly criticized the government regarding the CBSE's On-Screen Marking system. They allege that the Education Minister ignored advice, leading to student distress. The party is demanding the immediate resignation of Education Minister Dharmendra Pradhan. This controversy highlights concerns about the implementation of the new marking system…

The Economic Times

Harmanpreet Singh returns to lead Indian men's hockey team in FIH Pro League's European leg

Harmanpreet Singh will captain the Indian men's hockey team for the upcoming FIH Pro League in Europe scheduled next month. This tournament serves as vital preparation for the World Cup in August. The squad features a mix of experienced players and young talent. Matches will be played against Germany, Netherlands,…

The Economic Times

HDFC Bank 'strongly' rejects Rs 45 cr payment route wrongdoing

HDFC Bank has strongly denied media reports alleging wrongdoing. The bank stated its internal oversight, audit, and control systems are robust. This clarification follows a report about an internal investigation into Rs 45 crore payments. The payments were reportedly disguised as marketing expenses to a public sector undertaking. HDFC Bank…

The Economic Times

Air India to cut 22 percent domestic flights amid high fuel prices

Air India is reducing domestic flights by up to 22 percent. This move comes as the airline faces rising operational costs from high fuel prices. International flights have also seen a reduction of around 27 percent. Passengers affected will be assisted with re-accommodation or refunds. The airline will monitor conditions…

The Economic Times

10 lowest floating vs fixed home loan interest rates: PNB, ICICI Bank, Bank of Baroda and more

Home loan interest rates: Choosing a home loan involves comparing floating and fixed interest rates. Floating rates can decrease but also increase with RBI policy. Fixed rates offer stable EMIs, which can be beneficial as income grows. ET Wealth Online presents the 10 lowest fixed and floating home loan rates…

The Economic Times

Eid Ul Adha 2026 State-wise Holiday List: Check when will Delhi, Kerala, and Uttar Pradesh observe Bakrid holidays across India

Eid Ul Adha 2026 holiday list India: Muslims across India prepare to celebrate Eid al-Adha, also known as Bakrid, this week. The festival is a gazetted holiday, with many states announcing closures. Delhi, Karnataka, Gujarat, and Telangana will observe the holiday on May 28, 2026. Uttar Pradesh has declared a…

The Economic Times

Lone TMC MLA walks out of Assam Assembly against 'malicious intention' of government behind UCC Bill

Sherman Ali Ahmed, the sole Trinamool Congress MLA in Assam, staged a walkout from the Assembly. He opposed certain clauses of the Uniform Civil Code Bill. Ahmed stated the proposed law has malicious intent and violates fundamental rights. He welcomed some provisions but insisted on broader discussions for others. The…

The Economic Times

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FIIs pull $5 billion from India in Q1, more in caution, not pessimism: Himanshu Srivastava, Morningstar

Foreign investors have pulled back from Indian stocks due to global uncertainty and high valuations, withdrawing $5 billion in early 2026. Despite this, analysts assure that India's long-term growth prospects remain strong. Currency stabilization is seen as key to their return, while domestic investors are advised to continue SIPs for…

The Economic Times

Jeff Bezos takes dig at Zohran Mamdani, imagines Amazon run like NYC schools: ‘Packages would take six weeks, cost $100 and still arrive wrong’

Jeff Bezos criticized New York City's public school system's inefficiency, comparing it to Amazon's operations to highlight administrative bloat. He argued that if Amazon functioned like schools in New York, then packages would take six weeks to arrive, cost $100 and would still arrive wrong. According to him, substantial funds…

The Economic Times

Leadership tussle in Karnataka: BJP's Sanjay Saraogi says infighting 'permanent feature' of Congress

"The Congress party's internal affairs--specifically, their constant internal squabbling and infighting--are a permanent feature of the party. That is why you may have observed that whenever the opposition, even by some fluke, manages to form a government, they rarely return to power," Saraogi told ANI.

The Economic Times

MG Majestor launched: Check price, booking amount, interior features, engine, offers and other key specs

JSW MG Motor India has launched its new 'Majestor' SUV, India's first D+ SUV, starting at Rs 40.99 Lakhs. The vehicle boasts a twin-turbo diesel engine, advanced 4WD with 10 off-road modes, and a premium interior with dual 12.3-inch displays. It also features Level 2 ADAS for enhanced safety.

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The Economic Times

Global Markets: Japan's Nikkei retreats from record high as AI rally sparks caution

Japan's Nikkei index pulled back from its record high on Wednesday. Investor caution emerged regarding the rapid rise in AI stocks. Tokyo Electron and Advantest saw gains, but SoftBank Group experienced a significant drop. Banks and financials also contributed to the broader Topix index's decline. Many stocks traded on the…

The Economic Times

Banks need to act fast as customers turn to AI for stock picks and savings yields: McKinsey & Company

Customers are embracing generative AI at an unprecedented pace. This rapid adoption is outpacing traditional technologies, leaving banks with limited time to adapt. Consumers are already using AI for sophisticated financial tasks, even outperforming professional stock pickers. Banks must quickly evolve their products and services to meet this growing demand…

The Economic Times

LIC shares drop 4% on Rs 10,000 crore govt stake sale buzz

LIC shares fell as much as 4% on Wednesday after a report said the government may begin formal marketing next month for a proposed stake sale worth up to Rs 10,000 crore. According to Bloomberg, the Centre plans to sell around a 2% stake in the insurer in late June…

The Economic Times

Fuelled by lending boom, DPDzero bets big on AI-led debt recovery

As India’s unsecured lending boom accelerates, collections are emerging as the next major battleground for fintechs and lenders.

The Economic Times

Zydus Lifesciences buyback alert! Last date to buy shares to participate in Rs 1,100 crore buyback at 7% premium

Investors must purchase Zydus Lifesciences shares by Wednesday, May 27, to be eligible for the Rs 1,100 crore buyback, as the record date is May 29. The company approved buying back up to 95.65 lakh shares at Rs 1,150 each, a 7% premium. This follows strong Q4 results and a…

The Economic Times

Air India's San Francisco-bound plane faces tech issue, returns to Delhi

An Air India flight bound for San Francisco returned to Delhi early Wednesday morning. The Boeing 777-300 ER aircraft, carrying around 230 passengers, was airborne for over eight hours. The plane diverted back to the national capital while in Chinese airspace due to a technical issue. Air India is making…

The Economic Times

Air India's San Francisco-bound plane faces tech issue, returns to Delhi

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