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The Latest Breaking News from The Economic Times

Strong earnings, easing headwinds to boost market outlook: Devang Mehta

Indian stock markets are poised for growth. Strong company profits and stable economic factors are supporting this positive outlook. Investors can expect good returns over the next one to two years. Key sectors like power ancillaries, capital expenditure, and financials are expected to perform well. This presents an exciting opportunity…

The Economic Times

Shiv Sena (UBT) rebellion buzz: BJP leader accuses Uddhav of driving his party to decline

Maharashtra BJP leader Keshav Upadhye suggested a split in Uddhav Thackeray's Shiv Sena (UBT). He accused the party's leadership of ignoring public mandate and causing its decline. Speculation is rife about a rebellion, with several MPs reportedly considering a switch. Sanjay Raut alleged attempts to buy MPs. Ruling Shiv Sena…

The Economic Times

Has Trump achieved his goals in the war with Iran?

Three months after U.S. and Israeli airstrikes, President Trump's objectives against Iran show mixed results. While Iran's missile and drone capabilities have been significantly degraded, its nuclear program remains a concern. Proxy groups are less effective, and the regime change goal has not been met, though a new leader has…

The Economic Times

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Europe frets about US AI as tech world flocks to France for G7, VivaTech

European leaders and tech executives are focusing on technological sovereignty. Discussions at G7 and VivaTech highlight concerns about American AI dominance. Europe aims to build its own AI champions. This involves boosting regional cloud and chip industries. The goal is to reduce reliance on U.S. technology. France is pushing for…

The Economic Times

US official says Iran knew team would have to leave the country shortly after World Cup match

The United States has defended its handling of Iran’s World Cup travel arrangements after the team complained it was forced to leave immediately after its opening match instead of staying overnight for recovery. US officials said the schedule was pre-decided, requiring teams to depart on match day and return to…

The Economic Times

Iran now has powers to shut Strait of Hormuz at will, US Intel report says

Iran can now control the Strait of Hormuz, a critical global waterway. This ability poses a significant threat to global economies. US intelligence agencies have revealed this assessment. The situation remains uncertain, with potential impacts on shipping traffic for weeks or months. President Trump plans to release the agreement text…

The Economic Times

Nifty upside limited, but stock-specific opportunities remain: Pramod Amthe

Indian equities face headwinds from inflation and monsoon uncertainty, yet opportunities exist. Pramod Amthe of InCred Capital highlights sectors with pricing power like FMCG and paints, alongside preferred auto segments and NBFCs. While broad market gains may be modest, astute stock selection is key for investors navigating these challenging times.

The Economic Times

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South Korea president urges Trump to help make peace with North

South Korea's President Lee Jae Myung has asked US President Donald Trump to lead efforts for peace with North Korea. This comes as the US and Iran are set to sign a deal. Trump previously met North Korean leader Kim Jong Un. Lee's approach is softer than his predecessor's. North…

The Economic Times

Oil tankers u-turn, head back to Middle East as Hormuz reopening nears

In a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are gearing up for a bustling uptick in maritime commerce, as this vital corridor is on track to become operational again.

The Economic Times

US Stock Market: Wells Fargo raises S&P 500 target on stronger earnings outlook, easing macro risks

Wells Fargo has raised its year-end 2026 target for the S&P 500 to 7,950 from 7,300, implying a potential upside of about 5% from current levels. The brokerage cited stronger corporate earnings, easing macroeconomic uncertainty following the interim U.S.-Iran agreement, and improved investor sentiment after a recent market pullback.

The Economic Times

New labour code: 3 employee-friendly changes that could make working life easier

New labour codes and central government rules simplify employee compliance by consolidating 29 fragmented laws into a unified framework. This brings procedural clarity, electronic filings, and a single registration system, enhancing transparency and formalizing employment. Employees benefit from expanded protections, including gratuity for fixed-term workers and dedicated schemes for gig…

The Economic Times

Wedding bells or career leap? Gurgaon techie weighs ₹13 LPA vs ₹25 LPA Bengaluru offer, see how internet reacted

A Gurgaon-based software engineer is seeking advice on a significant career decision: accepting a ₹25 LPA offer in Bengaluru or staying at his ₹13 LPA role in Gurgaon. The dilemma is amplified as his wedding is scheduled for January, prompting a debate on financial gains versus personal timing.

The Economic Times

Mercedes beats Maruti in mileage: Luxury car maker launches new S-Class that delivers 32.2 kmpl average

The 2026 Mercedes-Benz S-Class has arrived in India, boasting an impressive claimed fuel efficiency of 32.2 kmpl with its new plug-in hybrid powertrain. This luxury sedan, featuring a 3.0-litre turbo-petrol engine and electric motor, surpasses many mass-market vehicles in mileage. The updated S-Class also introduces design enhancements and advanced interior…

The Economic Times

Global Markets: Japan exports extend growth streak despite Middle East supply disruptions

Japan's exports saw a significant rise in May, fueled by a weaker yen and robust demand for semiconductors. This growth outpaced expectations, even as global trade faced challenges. Electronic components, especially for AI applications, led the surge. Shipments to the US and China remained strong. Imports also increased, primarily due…

The Economic Times

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The Economic Times

EU lawmakers to approve migrant detention and deportation boost

European lawmakers are set to approve stricter migration rules. These new regulations grant authorities more power to detain irregular arrivals. The bloc will also establish deportation centres outside its borders. This move aims to control who stays in the European Union. Several member states are already exploring options for these…

The Economic Times

B52 crashed: Why are jumbo jet sized bombers such as B-52, Tu-95 and H-6 still flying amid advanced air defenses and stealth fighter jets

Giant bombers like the B-52 and Tu-95 continue to serve as vital strategic assets. Their immense range and payload capacity allow them to deliver significant weaponry, including from safe distances. Modern upgrades ensure their continued relevance. These aircraft are crucial for power projection and nuclear deterrence, proving their enduring value…

The Economic Times

J. Kumar bets big on tunnelling as India’s urban pipeline expands

As India races ahead with metro expansion and urban infrastructure development, execution excellence is becoming the defining factor behind project success.

The Economic Times

Gold, Silver Prices Today: Silver falls for 2nd session; gold at Rs 1.52 lakh/10 grams ahead of US Fed policy meet. Key levels to watch

Gold and silver prices edged lower on MCX amid easing rate hike expectations and optimism over a potential U.S.-Iran deal. While domestic futures declined marginally, global prices showed slight gains. Analysts flagged key support and resistance levels as investors await clarity from the US Federal Reserve policy outcome.

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The Economic Times

IAF launches project to produce indigenous long-range kamikaze drones

The Indian Air Force is developing long-range kamikaze drones with Indian companies. This initiative aims to strengthen preparedness for future drone warfare. The project focuses on indigenous design, development, and manufacturing. The drones will operate at high altitudes and in all conditions. This move promotes self-reliance in defence production. The…

The Economic Times

India’s defence output more than doubles in five years, hits record Rs 1.78 lakh crore

India's defence production has hit a record Rs 1.78 lakh crore in the financial year 2025-26. This marks a significant 15.6 percent jump from the previous year. Indigenous manufacturing and private sector involvement are driving this growth. Defence exports also reached an all-time high, showcasing India's increasing self-reliance in defence.

The Economic Times

HDFC Bank prices $750 mln bond in largest offshore deal by lenders since 2023, say bankers

HDFC Bank has successfully raised $750 million through dollar bonds. This move capitalizes on the Reserve Bank of India's subsidized hedging facility for overseas borrowings. The deal marks the largest by an Indian lender since May 2023. Other banks are also planning similar overseas debt sales. Proceeds will support international…

The Economic Times

B-52 was in the air a very short time before crashing and killing all 8 on board

A B-52 bomber crashed at Edwards Air Force Base during a test flight. All eight people on board perished. The aircraft was part of a program to modernize the oldest planes in the U.S. fleet. The cause of the crash is under investigation. The airfield remained closed as crews secured…

The Economic Times

Brigade Enterprises shares rally 10% after bonus issue. Here's why you can ignore the 22% plunge

Brigade Enterprises shares appeared to plunge 22% on Wednesday after adjusting for its 1:3 bonus issue, but the decline was purely technical and did not erode shareholder value. After opening at the adjusted price of Rs 559.70 against the previous close of Rs 720.25, the stock rallied about 10% to…

The Economic Times

Russian President Vladimir Putin hosts ASEAN leaders amid G7 pressure on Ukraine war

President Vladimir Putin hosts a summit of Southeast Asian leaders in the central Russian city of Kazan from Wednesday, as the West pressures Moscow to end its Ukraine offensive. Representatives of 11 countries in the Association of Southeast Asian Nations will arrive in Kazan on Wednesday, with the main day…

The Economic Times

Quote of the day by Batman actor Christian Bale: 'The only thing that I'm obsessed with is sleeping'

Christian Bale's humorous confession about his love for sleep, even admitting to wanting 12 hours daily, offers a relatable human touch. Beyond the jest, his words underscore sleep's crucial role in physical and mental health, a vital necessity often overlooked in our fast-paced world. This reminder is particularly poignant given…

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