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The Latest Breaking News from 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

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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

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

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

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

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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

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…

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

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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…

The Economic Times

Siddharth Vora sees broad-based recovery after 1-2 quarters of pain; bets big on metals, stays cautious on quick commerce

Siddharth Vora, Head of Quantitative Investment Strategies at PL Asset Management, is confident in his fund's metals-heavy portfolio. He sees a potential shift in market trends as key macro indicators like crude oil and bond yields may have peaked. This could lead to a rotation into consumer-facing and energy-intensive businesses.

The Economic Times

How to rebalance mutual funds, FDs & PF investments before retirement? Expert shares roadmap

As retirement nears, an investor with a Rs 2.75 crore portfolio needs to rebalance. An expert advises consolidating mutual funds, shifting near-term goals to arbitrage funds, and increasing equity exposure for long-term inflation protection. The strategy aims to simplify investments and enhance returns while managing risk.

The Economic Times

FIR against Mamata Banerjee over 'Ganda Dharma' remark

An FIR has been registered against TMC Chief Mamata Banerjee for allegedly making derogatory remarks about Sanatan Dharma at an Eid celebration last year. A lawyer's complaint states Banerjee referred to the religion as "ganda dharma" (dirty religion), hurting followers' sentiments and promoting disharmony. The FIR includes charges of criminal…

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The Economic Times

ONGC shares fall 4% despite 46% YoY jump in Q4 profit; revenue rises 4%

ONGC shares fell as much as 4% on Wednesday despite the state-run explorer reporting a 46% YoY rise in consolidated Q4 net profit to Rs 10,820 crore. Revenue from operations grew 4% to Rs 1,73,805 crore, while standalone FY26 profit stood at Rs 32,894 crore. The company also highlighted strong…

The Economic Times

Best medium to long duration funds to invest in May 2026

Medium to long duration debt funds carry significant risk. They are sensitive to interest rate hikes, potentially causing investor losses. Advisors often steer conservative investors towards safer, short-term debt funds. However, those with a higher risk appetite and a long investment horizon can consider these funds with expert guidance. The…

The Economic Times

Gujarat govt to rebuild Rs 105 crore hostel damaged in AI-171 crash; victims' kin seek memorial at site

A medical college hostel complex destroyed in last year's Air India AI-171 plane crash in Ahmedabad will be rebuilt. The Gujarat government announced plans for a new ultra-modern hostel facility at the site. This comes as families of some victims requested the location be preserved as a memorial. Air India's…

The Economic Times

Sensex falls 70 points, Nifty below 23,900 as US-Iran tensions simmer

Indian stock markets opened lower on Wednesday. Sensex and Nifty saw minor declines. Investors are watching US strikes on Iran and their effect on peace deal hopes. Broader markets are performing better. India VIX, a volatility measure, dropped. Top Sensex losers included HDFC Bank and Infosys. Sun Pharma shares led…

The Economic Times

SK Hynix joins $1 trillion club after Samsung, Micron on AI chip boom

SK Hynix has crossed the $1 trillion market value mark. This milestone follows similar achievements by rivals Samsung Electronics and Micron Technology. The surge is driven by strong demand for AI memory chips. This has boosted South Korea's KOSPI index to record highs. Investors are showing significant interest in semiconductor…

The Economic Times

Global Market Update: South Korea's KOSPI hits record as SK Hynix joins $1 trillion club after Samsung, Micron

South Korea's KOSPI index reached an all-time high as SK Hynix joined Samsung Electronics and Micron Technology in the $1 trillion market capitalization club. This surge, driven by strong demand for AI memory chips, saw SK Hynix shares jump 11.1%, contributing significantly to the KOSPI's impressive year-to-date performance.

The Economic Times

China's April industrial profits grow at fastest in more than two years

China's industrial profits saw a significant jump in April, the fastest since November 2023. This growth is largely fueled by strong exports and the booming AI sector. However, domestic demand continues to falter, creating a challenging environment for many businesses. Companies are increasingly relying on overseas markets for expansion. This…

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