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The Latest Breaking News from The Economic Times

Trump gathers Cabinet as he looks to seal deal to end war that some backers worry will embolden Iran

President Trump is close to a deal to end the war with Iran. This agreement aims to reopen the Strait of Hormuz and reduce Iran's nuclear capabilities. However, critical issues remain unresolved. Some allies worry Iran's leaders may emerge stronger. Recent U.S. strikes in Iran have complicated ongoing talks.

The Economic Times

Uganda national isolated in Bengaluru tests negative for Ebola

A woman from Uganda, recently in her home country, has tested negative for Ebola. She was isolated in Bengaluru as a precaution after reporting mild symptoms. Her sample was sent to Pune for testing, confirming she does not have the virus. Health officials are closely monitoring the global Ebola situation…

The Economic Times

US regulators appear ready to approve Paramount's takeover of Warner Bros, Semafor reports

US antitrust regulators appear set to clear Paramount’s $110 billion takeover of Warner Bros Discovery after a key Justice Department meeting, where CEO David Ellison reaffirmed the company’s commitment to theatrical movie releases.

The Economic Times

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Tibet-in-exile government leader sworn in

The spiritual leader of Tibetans in exile, the Dalai Lama, attended the swearing-in ceremony for Penpa Tsering's second term as the elected government's leader. The Central Tibetan Administration, based in India, functions as a representative body for an estimated 150,000 Tibetans living in exile worldwide.

The Economic Times

Coal India shares slide 6% after PSU prices Rs 5,000 crore OFS at 10% discount

Coal India shares dropped after the government announced plans to sell up to a 2% stake in the company through an Offer for Sale (OFS). The floor price was set at Rs 412 per share, about 10% lower than the previous NSE closing price of Rs 458.15.

The Economic Times

Ministry of Home Affairs issues 'Resolution' on forming high-level committee on demographic changes

India's Ministry of Home Affairs has formed a High-Level Committee on Demographic Changes. This committee will scientifically study population shifts across the nation. It will scrutinize challenges from illegal immigration and other unnatural factors. The panel will recommend policy and legal measures to safeguard national interests and social fabric.

The Economic Times

Samsung’s $416,000 chip worker bonuses may reshape labour battles in South Korea

Samsung Electronics has agreed to a significant bonus deal with its union, a move that could reshape wage bargaining in South Korea. Memory chip workers will receive substantial bonuses tied to operating profit. This agreement, averting a major strike, is expected to embolden other unions to seek similar profit-sharing arrangements.

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US Stock Market: Space stocks surge as SpaceX IPO buzz fuels investor rally

Aerospace and satellite stocks surged Tuesday, fueled by optimism around SpaceX's potential IPO and growing confidence in commercial space exploration. Companies like Redwire Corp. and AST SpaceMobile Inc. saw significant gains, with analysts highlighting potential beneficiaries of increased market interest in the expanding space ecosystem.

The Economic Times

Trump calls off rare Camp David meeting due to weather

US President Donald Trump said he had shifted a rare cabinet meeting planned for Wednesday at his Camp David retreat to the White House because of bad weather. "Based on the possible bad weather conditions tomorrow, we will be having our Cabinet Meeting in the White House, and will be…

The Economic Times

Housemaid's daughter who learnt in parking-lot classroom now teaches children there after passing Class 10

Every afternoon near Lal Qila, 18-year-old Sakshi teaches young children in the same parking lot where she once sat struggling to learn basic letters and numbers herself. After becoming the first girl in her family to pass Class 10, Sakshi returned not just with books and confidence, but with a…

The Economic Times

IPL Orange Cap winner in 2014 is now a mental health coach: A journey from suicidal thoughts to winning the World Cup alongside MS Dhoni

Former cricketer Robin Uthappa draws parallels between cricket's intense pressure and corporate life, revealing his past struggles with suicidal thoughts and identity. He found solace and rediscovered his passion for the game through his wife's advice, ultimately leading to a new chapter in coaching and a focus on mental well-being.

The Economic Times

US Market: Fed, FDIC push leaner, risk-focused bank supervision

US financial regulators are enacting significant changes to bank oversight, moving away from detailed paperwork towards focusing on "material financial risks." This overhaul, the most substantial since the 2008 crisis, aims to streamline supervision by reducing reliance on subjective metrics like reputational risk and limiting the use of confidential directives…

The Economic Times

FirstCry shares fall 3% despite Q4 net loss narrowing to Rs 30 crore. What is Morgan Stanley saying?

FirstCry-parent Brainbees Solutions saw its shares dip over 3% despite a 61% narrowing of its Q4 net loss to Rs 30.30 crore. While revenue grew 12% year-on-year to Rs 2,163 crore, it declined sequentially. The company anticipates improved growth in FY27, with plans to expand its offline store presence.

The Economic Times

ITR-2 online filing and excel utility for A.Y. 2026–27 are now enabled on the e-Filing ITR portal

Individuals and HUFs without business income but with complex income sources like salary, multiple house properties, or capital gains can file ITR-2 for AY 2026-27 by July 31, 2026. Key errors to avoid include misclassifying capital gains, neglecting foreign asset disclosures, and incorrect residential status determination.

The Economic Times

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The Economic Times

Global Market: BOJ’s Ueda warns oil shocks can trigger lasting inflation if wages and expectations rise

Central banks must consider broader economic factors beyond isolated oil price movements, as temporary energy shocks can fuel persistent inflation if they influence wages and pricing behavior. Governor Ueda highlighted that the impact of oil price surges depends on prevailing inflation expectations and wage growth trends, with lessons drawn from…

The Economic Times

Eid Mubarak 2026: Top 10 ChatGPT, Gemini prompts for Bakrid and Eid Al Adha posters, templates, images and more

Muslims worldwide prepare for Eid Al Adha, also known as Bakrid. India will celebrate on Thursday, May 28, 2026. Many are using AI tools like ChatGPT and Gemini. These platforms offer prompts to generate festive posters, templates, and images. This helps individuals share greetings and wishes digitally with friends and…

The Economic Times

Punjab civic polls: Political workers clash at several places; 63.94 per cent voter turnout recorded

Punjab witnessed civic elections on Tuesday. Clashes and allegations of booth capturing were reported across several locations. The polling saw a turnout of 63.94 percent. The elections are considered crucial ahead of next year's assembly polls. Counting of votes will take place on May 29. Several political leaders condemned the…

The Economic Times

Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report shows

Hong Kong has surpassed Switzerland as the world's top global booking center for cross-border wealth, reaching $2.95 trillion. This shift is attributed to wealth from China and an IPO boom, with Asian hubs projected to grow faster than European ones. Despite this, Switzerland's diversification and geopolitical stability continue to attract…

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The Economic Times

Tamil Nadu CM Vijay to meet PM Modi on his maiden official visit to Delhi

Tamil Nadu Chief Minister C Joseph Vijay will visit New Delhi on Wednesday to meet Prime Minister Narendra Modi. Vijay will submit a memorandum outlining the state's demands. These include funding for welfare and infrastructure projects. Discussions will also cover developmental initiatives and the Mekedatu water dispute. Vijay is also…

The Economic Times

Premanand ji Maharaj health latest news: 'Main milu ya na milun' emotional message appears amid health worries

Premanand ji Maharaj Health News Today: Spiritual leader Premanand Maharaj has suspended his public appearances and meetings due to health concerns, leading to anxiety among his followers. In a recent emotional video, he urged devotees to continue their spiritual path with faith, emphasizing that his presence is not central to…

The Economic Times

UK spy chief warns Russia cyber threats could overwhelm Britain and allies

Britain and its allies face a serious cyber threat from Russia. A top spy chief warns that critical infrastructure, elections, and public trust are under attack. She stresses the need for urgent action from everyone, from businesses to individuals. Rapid AI advancements mean a narrow window exists to stay ahead…

The Economic Times

Global Market: Japan’s Nikkei seen hitting 69,000 by 2027 amid AI-driven rally

Japan's Nikkei index is poised for record highs, with analysts predicting it could reach 69,000 by 2027. This surge is driven by excitement around artificial intelligence and robust corporate profits. Japanese equities have significantly outperformed global markets over the past two years. Despite sharp gains, analysts anticipate some near-term volatility.

The Economic Times

Silver gains Rs 2,000/kg, gold at Rs 1.58 lakh/10 gms on weak dollar, Iran war peace deal hopes. Key levels to watch

Gold and silver prices on MCX opened slightly higher on Wednesday, supported by a weaker U.S. dollar and investor focus on U.S.-Iran peace talks and the Federal Reserve’s future policy direction.

The Economic Times

Resurgent Rajasthan Royals rely on Vaibhav Sooryavanshi, Archer to upstage power-packed Sunrisers Hyderabad

Rajasthan Royals and Sunrisers Hyderabad clash in a high-stakes IPL Eliminator. Sunrisers Hyderabad carry momentum and a psychological edge, having beaten Rajasthan Royals twice. Rajasthan Royals, led by Riyan Parag, aim to overcome the explosive Sunrisers top order. Vaibhav Sooryavanshi's fearless batting will be key for Rajasthan. Jofra Archer is…

The Economic Times

Ghaziabad: Fire breaks out in residential building after electric vehicle catches fire while charging

A fire erupted in a Ghaziabad residential building early Wednesday morning. An electric vehicle allegedly caught fire while charging on the ground floor. Firefighters responded quickly to the four-storey building. They controlled the blaze and rescued occupants. No casualties were reported. Investigations into the cause are underway. A separate factory…

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