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The Latest Breaking News from The Economic Times

President Donald Trump suspends US intel chief Senate confirmation

US President Donald Trump has suspended a Senate hearing on Jay Clayton's nomination for intelligence chief, saying on Wednesday he wanted to be sure Clayton's current post as prosecutor will be filled by the man of his choosing. " DNI today, and will not be going forward until Jamie McDonald…

The Economic Times

Benjamin Netanyahu, Israel's arch-survivor, set to face voter fury over Iran deal

Benjamin Netanyahu's grip on power is weakening. Facing corruption charges and criticism over security lapses, he now confronts voters' judgment on his handling of recent conflicts and Israel's U.S. alliance. Despite opinion polls suggesting a loss, Netanyahu's political resilience remains a factor. His legacy is increasingly debated as the region's…

The Economic Times

From smoking to soccer: Hot mics at the G7 capture world leaders' chats between weighty topics

G7 leaders at the summit in Evian-les-Bains engaged in candid off-the-cuff conversations captured by hot mics, discussing sports, personal habits, and even a cryptic remark about Greenland. Moments included Trump's 'I'm the boss!' declaration, Meloni's successful quit from smoking, and discussions about soccer and gift exchanges.

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Harsh Goenka is inspired by Tamil Nadu teen who turned a street-side problem into an invention praised by PM Modi, Joe Biden and Prince Williams

A young inventor from Tamil Nadu, Vinisha Umashankar, developed a solar-powered ironing cart to replace polluting charcoal irons. Her innovation, inspired by observing street vendors, gained global attention and was recognized by leaders like Joe Biden and Prince William. Vinisha's journey highlights how everyday observations can lead to impactful environmental…

The Economic Times

Psychology says people who say goodbye multiple times before leaving aren't indecisive, they may be protecting something deeper in their relationships

Psychology suggests that everyday habits often reflect deeper emotional needs. Saying goodbye multiple times is rarely a sign of indecision; more often, it is an expression of connection and a desire to prolong meaningful interactions.

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…

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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

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

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

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

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…

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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.

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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

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

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

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.

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

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…

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