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The Latest Breaking News from The Economic Times

Are banks closed for 14 days in Pune due to curfew? Here's what police officials said amid social media claims

Pune Police have clarified that no 14-day curfew is being imposed in the city. Social media rumours about a curfew starting May 26, 2026, are false. Banks will operate as usual and are not affected by any curfew. Bank holidays are determined by the Reserve Bank of India. Customers should…

The Economic Times

Fredun Pharmaceuticals board approves 2:1 bonus issue

Fredun Pharmaceuticals’ board has recommended a 2:1 bonus issue, granting two new equity shares for every one held. This decision aims to reward shareholders, reflecting management's confidence in the company’s sustained earnings growth, scalability, and long-term value creation strategy.

The Economic Times

Why is gold price down today? Check latest gold rate projections for June

Gold rate today: Elevated crude oil prices can accelerate inflation and keep interest rates higher for longer. While gold is seen as a hedge against inflation, higher rates tend to weigh on the non-yielding metal.

The Economic Times

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Why Trump's Abraham Accords push is a non-starter

Former US President Donald Trump has urged several Muslim nations to join the Abraham Accords, recognizing Israel. This move is linked to ongoing negotiations with Iran. Experts believe this plan faces significant hurdles. The Abraham Accords, brokered during Trump's presidency, established ties between Israel and some Arab nations. However, current…

The Economic Times

SRH vs RR Eliminator: Batters vs bowlers matchups that could decide IPL playoff

IPL 2026 SRH vs RR Eliminator: Sunrisers Hyderabad and Rajasthan Royals clash in the IPL 2026 Eliminator on May 27 in New Chandigarh. SRH, enjoying a strong league campaign and a five-match winning streak against RR, are favored. RR, who secured their playoff spot late, will look to key players…

The Economic Times

Fuel price hikes may push inflation towards 5%, RBI likely to stay cautious: Economists

Retail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the Reserve Bank of India will observe the impact of these hikes before considering interest rate changes in the latter half of the fiscal year.

The Economic Times

WFH wherever feasible, restrict foreign travel, Maruti Suzuki tells employees

Maruti Suzuki India is adopting austerity measures. The company is promoting work from home where possible. Foreign travel is being restricted unless essential for business. Employees are encouraged to use virtual meetings and minimize domestic travel. Sustainable commute options like carpooling and public transport are also promoted. Energy conservation is…

The Economic Times

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Sebi chief Tuhin Kanta Pandey backs bond ETFs, tokenisation as debt fundraising nears Rs 9 lakh crore

Sebi chairman Tuhin Kanta Pandey called for deeper development of India’s corporate bond market to support long-term economic growth. He highlighted rising debt fundraising, proposed bond ETFs, stronger disclosures and tokenisation pilots, while urging greater retail participation and reduced dependence on bank-led financing.

The Economic Times

Maruti Suzuki rolls out WFH, bans non-critical foreign travel in line with PM Modi's austerity call

Maruti Suzuki India Ltd is adopting austerity and efficiency measures. These steps aim to conserve fuel and reduce foreign exchange expenditure. The company is encouraging work from home where possible. Travel is being minimized, with virtual meetings preferred. Employees are urged to carpool and use public transport. Offices will optimize…

The Economic Times

Spotify launches 'narrated articles' from publications like The Atlantic, Vogue

The Swedish streaming giant will offer more than 650 long-form magazine articles in the English language ‌to users ⁠with access ⁠to audiobooks.

The Economic Times

IPL 2026 RCB vs GT: Who goes to the final if Qualifier 1 is washed out in Dharamsala?

Dharmshala Weather: Royal Challengers Bengaluru face Gujarat Titans in a high-stakes IPL 2026 Qualifier 1 in Dharamsala, with a final berth at stake. While both teams are evenly matched, looming rain threats could play a decisive role in determining the outcome.

The Economic Times

Scientists found a small asteroid visitor near Earth, and it may be a chunk of the Moon

A small space rock, 2024 PT5, is fascinating scientists with its Earth-like orbit. Researchers now suggest it might be a piece of the Moon. This lunar fragment could have been blasted into space by a powerful impact. Studying it offers a glimpse into Earth-Moon history. Planetary defense systems successfully identified…

The Economic Times

Isaac Newton on Human Behaviour: Why the world’s greatest scientist said he could not understand human madness

Even Isaac Newton, who mastered celestial mechanics and physics, admitted he couldn't fathom human 'madness.' This profound insight highlights how logic falters against emotions, ego, and fear, making people inherently unpredictable. The article urges us to accept this unpredictability, focus on our own reactions, and choose understanding over judgment in…

The Economic Times

Andhra govt begins Ebola screening at Vijayawada airport

Andhra Pradesh authorities have initiated Ebola virus screening for international passengers at Vijayawada Airport. A dedicated camp with medical staff is operational. Screening commenced on Tuesday. International flights to Vijayawada Airport operate three times weekly from Singapore. Previously, flights from Sharjah were discontinued.

The Economic Times

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The Economic Times

Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilities

Pakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The government aims to build strategic reserves, funded by a levy on fuel, and increase local supply capacity. This initiative comes as Pakistan lacks strategic petroleum reserves despite heavy reliance…

The Economic Times

Quote of the day by the man behind “History is written by the victors” — Walter Benjamin: “Memory is not an instrument for surveying the past but its theater.” Learn the profound lesson on identity, and the hidden layers of human experience from one of the 20th century’s greatest philosophers

The Walter Benjamin quote of the day is gaining fresh attention across readers searching for identity, and emotional healing. Walter Benjamin said memory is not a record. It is a living theater. Hidden experiences shape human life silently. They stay buried inside the mind for years. This powerful Walter Benjamin…

The Economic Times

Sarkhej-Dholera semi high-speed rail project to cost far less than Delhi-Meerut RRTS: Officials

On May 13, 2026, the Union Cabinet approved the construction of Indian Railways' first semi-high-speed corridor - a 134-km double-line rail project between Sarkhej (Ahmedabad) and Dholera in Gujarat - at an estimated cost of around Rs 20,667 crore.

The Economic Times

How to set your retirement spending for healthy lifestyle?

Armed with your new motivation, you should then begin to think about your retirement spending strategies.

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The Economic Times

Muslim organisations press Congress for one Rajya Sabha seat in Karnataka

Muslim organisations are pressing the Congress party for a Rajya Sabha seat from Karnataka. Elections for four seats are scheduled for June 18. The Congress is expected to win three seats. The Federation of Karnataka Muslim Organisations insists on one seat for a Muslim candidate.

The Economic Times

Ground zero AI, India edition: What business leaders are actually doing with it

Indian businesses are integrating AI across sectors like garments, retail, IT, and wealth management. AI accelerates design, streamlines back-office tasks, and reshapes job roles. Leaders are cautiously adopting AI, anticipating significant impact within four to five years as the technology matures. This strategic integration promises enhanced efficiency and new opportunities.

The Economic Times

When will US-Iran war end, Strait of Hormuz reopen? Marco Rubio reveals details after White House launches heavy strikes

Iran and the U.S. had indicated progress on a memorandum of understanding that could halt the war and restart shipping through the blockaded Strait of Hormuz.

The Economic Times

Global firms bring more work in-house at India hubs on AI boost

The shift reflects a structural change in how multinationals use their India operations, moving beyond cost-focused support roles to centres that own core functions such as engineering, product development and analytics.

The Economic Times

Man wins 5 crore jackpot after breaking one small habit; wants to use the money to pay for his daughter’s college

A Maryland father who had played the same lottery numbers twice a week for years finally hit the jackpot after changing one small habit. Instead of scanning his ticket like usual, he manually checked the numbers and realised he had won $570,000 in the Multi-Match lottery. The shock reportedly left…

The Economic Times

Donald Trump undergoes physical scrutiny before his 80th birthday celebrations

Donald Trump, whose birthday is June 14, became the oldest person to assume the presidency when he began his second term in January 2025.

The Economic Times

Is RBI running any donation or lottery compensation scheme? Check details

A fake email claiming to be from the Reserve Bank of India is circulating. It asks people to pay a credit fee for a 'Donation Program 2026' or to receive lottery compensation. The PIB Fact Check team has confirmed this is a phishing attempt. Citizens are warned not to share…

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