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The Latest Breaking News from The Economic Times

Death rate in ICE immigrant detention centers more than doubles under Trump, Reuters analysis finds

Fifty individuals have died in U.S. immigration detention since January 2025, a rate that has more than doubled since 2009. Concerns are rising about the quality of medical care and supervision in detention centers, with many deaths involving individuals with pre-existing conditions or those found unresponsive.

The Economic Times

US not 'pulling away' from allies by cutting NATO commitments: Mark Rutte

United States is reducing its military assets pledged to NATO. NATO chief Mark Rutte stated this is not a US withdrawal but an adjustment. European nations are expected to assume greater responsibility for their own defence. This move comes as NATO leaders prepare for a summit with US President Donald…

The Economic Times

Japan's Nikkei closes at record high near 70,000 on AI boost

Japan's Nikkei share index hit a new record high for the third day running on Wednesday. The index closed just below the 70,000 mark. Easing Middle East conflict worries and strong buying in AI stocks boosted the market. Investors are also awaiting the US Federal Reserve's policy decision. Oil prices…

The Economic Times

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Why a strong El Niño leaves tropical commodities acutely exposed

Forecasters anticipate a strong El Nino developing later this year, likely boosting global temperatures and disrupting rainfall patterns. This poses significant risks to soft commodities like cocoa, coffee, and sugar, particularly those grown in tropical regions. Past El Nino events have historically led to reduced yields and price surges for…

The Economic Times

As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremes

Economists are divided on the U.S. economic outlook, with some predicting rate cuts due to consumer weakness and falling real wages, while others foresee hikes amid strong growth and inflation. Geopolitical tensions, oil price volatility, and AI investment add to the uncertainty. The Federal Reserve faces a complex decision on…

The Economic Times

Australia shares close at two‑month high on Middle East optimism

The Australian stock market experienced a remarkable uplift on Wednesday, reaching a two-month peak, thanks to the impressive performances of mining and banking stocks. Investors breathed a sigh of relief as news of a tentative agreement aimed at resolving the conflict in the Middle East emerged.

The Economic Times

Global Markets| European shares flat as investors await Iran deal details, Fed policy; BMW slides

European markets held firm today, with investors keenly awaiting developments regarding potential peace talks between the U.S. and Iran, alongside insights into the Federal Reserve's monetary policy. While automotive shares took a hit after BMW issued a profit warning, gains in the tech and defense sectors offered some cushion to…

The Economic Times

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NSE to file IPO by this week? IFCI shares rally 8% to record high; LIC, SBI, other stocks rise up to 2%

IFCI shares surged to a fresh 52-week high amid expectations that NSE could file its IPO papers this week. Investors cheered IFCI's indirect exposure to the exchange through Stock Holding Corporation, while optimism around NSE's potential listing boosted sentiment.

The Economic Times

Ukraine secures fresh air defence commitments at G7 Summit in France

Leaders at the G7 Summit in France have agreed to bolster Ukraine's air defence systems. New measures will increase pressure on Russia to end its war. Ukraine's partners will provide support for defence and energy resilience. Global unity is reducing Russia's ability to continue its aggression. The summit also reaffirmed…

The Economic Times

Haircare startup Xtovia raises Rs 6.9 crore led by V3 Ventures

Founded in 2025 by entrepreneur Navneet Misra and Dr Tunga Madhu Babu, who heads research and development and holds a PhD from IIT Madras, Xtovia develops haircare products aimed at addressing structural hair damage.

The Economic Times

Italian proverb of the day:” Love does not look with the eyes, but with the.."- A timeless lesson on seeing beyond appearance and embracing true emotional connection

Love Italian proverb of the day: An Italian proverb reveals love's true nature. It states love sees with the soul, not just the eyes. This idea emphasizes emotional and spiritual bonds over physical looks. In today's digital world, this message is vital. It encourages looking beyond superficial attractions. Real connections…

The Economic Times

Quote of the day by famous psychologist Elizabeth Loftus: 'Just because someone thinks they remember something in detail, with confidence and with emotion, does not mean that it actually happened, .. False memories have these characteristics too.'

Renowned psychologist Elizabeth Loftus reveals that vivid, confident, and emotional memories are not always accurate, as false memories can possess these same characteristics. Her research highlights that human memory is reconstructive and susceptible to alteration, impacting legal testimony, therapy, and our understanding of past events.

The Economic Times

SpaceX-Tesla Inc. is inching closer. Watch out, Nvidia?

That logic, and Musk’s dominant role at both companies, creates a potential conflict of interest because it would advantage the likely acquirer, SpaceX — where Musk has far greater control and now derives the vast majority of his net worth — if Tesla became relatively cheaper.

The Economic Times

Russia granted over 1,100 'anti-woke' visas to foreigners in 2025

Russia welcomed over 1,100 foreign citizens in 2025 with visas for embracing traditional values. This initiative supports those opposing liberal ideologies. Germans and French nationals led recipients, followed by Americans. President Putin highlighted the program's role in countering Western influence. Russia has intensified its stance against what it terms harmful…

The Economic Times

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Who is Prince Yadav? Once banned by BCCI, pacer who dismissed Virat Kohli makes debut in India vs Afghanistan Lucknow ODI

Fast bowler Prince Yadav has earned his maiden international cap for India. This debut comes after a significant setback in 2019 when he received a two-year ban from the BCCI for age-fudging. Yadav's journey saw him focus on fitness during his suspension. He later impressed in domestic cricket and the…

The Economic Times

India takes the shine off silver as imports plunge 82% in May after duty hike

May witnessed a steep decline of over 81% in India's silver imports, a result of the government's recent moves to hike import duties and require licenses for incoming shipments. This strategy was prompted by unprecedented levels of silver imports in the last fiscal year, reflecting a clear intent to regulate…

The Economic Times

Louvre museum 'running out of steam', says new director

The Louvre museum is struggling to find funding to upgrade its ageing facilities, its new director said Wednesday, following a litany of problems that included a brazen $100-million jewellery heist. Home to iconic pieces of art including Leonardo da Vinci's "Mona Lisa", the Louvre is the world's most visited museum,…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (June 17, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold rate today: Gold prices saw a slight dip across major Indian cities on June 17, 2026, following a decline in domestic bullion rates. Major jewelers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyallukas reported a decrease in 22k gold prices compared to the previous day.

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The Economic Times

UK regulator sets out conduct requirements for Google's search services

The first ‌requires Google to ⁠improve transparency and fairness in how search results are ranked, while the second requires Google to allow users ‌to move their search data to authorised third ⁠parties, the Competition and Markets Authority said in a statement on Wednesday.

The Economic Times

India restores 21.76 million hectares of deforested land, nears 84 per cent of Bonn Challenge target

India has made significant strides in land restoration. Between 2011 and 2020, over 21 million hectares of degraded land were restored, as reported by the International Union for Conservation of Nature (IUCN). This achievement brings India close to its 2030 target under the Bonn Challenge. Telangana leads the states in…

The Economic Times

Dana aur gana kab tak chalega yeh afsana: SP Chief Akhilesh Yadav takes swipe at OP Rajbhar's claims

"During the BJP's ten-year tenure, primary schools have been systematically shut down in Gorakhpur, with the highest number of closures occurring in that region. The Chief Minister has closed 500 primary schools in Gorakhpur alone and has been responsible for snatching away 1,500 government jobs. While there were over 2,000…

The Economic Times

Bolt.Earth, ChargeZone partner to offer interoperable EV charging network with 1,500+ fast-charging locations

Bolt.Earth and ChargeZone have partnered to enhance EV charging accessibility in India through network interoperability. This collaboration allows EV users to find, access, and pay for chargers from both companies via a single app, offering over 1,500 fast-charging locations for four-wheelers nationwide.

The Economic Times

Tenant or landlord: Who is responsible for repairs in a rented home? Here's what the law say

Who pays for repairs in a rented home? A leaking tap, damaged wall or broken fitting can quickly turn into a dispute between tenants and landlords. India's Model Tenancy Act, 2021 lays down who is responsible for repairs, when tenants can deduct repair costs from rent, and what happens if…

The Economic Times

'Sleep scores, step counts': Viral video questions the race to optimise every moment of life with the message, 'We’ve stopped being human beings, we’re turning into dashboards'

Comedian Danish Sait's viral video sparks debate on modern life's obsession with tracking and measuring everything. From sleep scores to reading challenges, people feel pressured to optimize every moment. Sait humorously questions if this constant pursuit of digital targets detracts from simply enjoying life. The video resonates with many feeling…

The Economic Times

Northeast receives Rs 11,486 crore rail budget allocation in 2026-27, says NFR

Northeast India's railway infrastructure has seen a fivefold budget increase, transforming services over the past 12 years. Significant gauge conversion has unified the network, eliminating mid-journey train changes. This progress is highlighted by a record ticket-checking revenue of over Rs 2.08 crore in May 2026 for New Jalpaiguri, a first…

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