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The Latest Breaking News from The Economic Times

UP Police recruitment conducted with transparency under BJP govt: CM Yogi Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath highlighted the transparent recruitment process for police personnel. He distributed appointment letters to 930 computer operators. Adityanath mentioned that nearly 35,000 constable posts and 41,000 home guard posts have seen recruitment. He asserted that over 2.15 lakh police personnel have been recruited in the…

The Economic Times

Rupee touches six-week high on oil slump, RBI effect lingers

The Indian rupee strengthened to a six-week high, buoyed by falling Brent crude prices below $80 a barrel and supportive central bank measures. Recent steps to attract dollar inflows, including tax removal on bond investments, have seen significant overseas investor participation. The rupee is expected to continue its upward trend…

The Economic Times

This jacket can turn air into drinking water, producing nearly 1 liter a day

A revolutionary jacket from the University of Texas at Austin can now generate drinking water from the air. This innovative wearable uses special fabric to capture moisture, converting it into clean water. The technology promises to be a game-changer for people in water-scarce regions, offering a portable solution for hikers,…

The Economic Times

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Yes Bank shares rally 15% in 4 sessions. What are technicals suggesting for traders?

Yes Bank shares extended gains for a fourth straight session, rising as much as 6.5%. Technical indicators and improving sentiment supported momentum. Analysts highlighted a key resistance near Rs 26, aligned with long-term moving averages, while fundamentals strengthened through a partnership with Northern Arc Capital and improved quarterly earnings performance.

The Economic Times

His father sold chole-kulche on Jalandhar streets, now son gets a selection call from one of the world’s richest sports bodies

Arjun Rajput, son of Jalandhar street vendor Hoti Ram, has been selected for India's Under-19 squad. This achievement follows years of financial hardship and sacrifice by his family. Arjun's father sold chhole-kulche to fund his education and cricket training. Support from his coach and school also played a crucial role.…

The Economic Times

Indian Embassy in Oman confirms repatriation nationals killed in MT Settebello attack

Mortal remains of two Indian nationals killed in US strikes on vessel MT Settebello have been repatriated to India. India strongly protested the attacks, which killed three Indian mariners, calling them unjustified. Prime Minister Modi highlighted the impact of maritime trade disruptions and the loss of Indian lives.

The Economic Times

Vedanta Power shares rise 4%, snap 2-day losing streak since listing

Vedanta Power shares rebounded after two days of declines following their stock market debut post the Vedanta demerger. The company crossed its listing price amid investor interest and aims to become one of India’s top private thermal power players through expansion and operational growth.

The Economic Times

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HCLTech bets big on sovereign AI with strategic investment in Sarvam AI

HCLTech strategically invested $1.5 billion in Indian AI startup Sarvam AI, acquiring a 10.5% stake. This partnership aims to address enterprise AI adoption barriers through hybrid models combining private and frontier AI, while also capitalizing on the growing sovereign AI market in India and globally.

The Economic Times

CarTrade Tech shares surge 12% in two days after launching new used-car platform

CarTrade Tech shares rallied after the company launched CarTrade Used Auto, a new platform targeting India’s fragmented used-car market. Integrating CarWale and OLX India, the initiative spans buying, selling, financing and ownership transfer, while leveraging AI tools and tapping into the sector’s long-term growth opportunity.

The Economic Times

UK inflation unexpectedly sticks at 13-month low before BoE rate decision

UK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Sterling seeing a slight dip. Bond yields also fell. Experts now anticipate the Bank of England will likely hold interest rates steady at its upcoming meeting. This development offers…

The Economic Times

Shohei Ohtani's homer sends LA Dodgers to 1-0 win over Tampa Bay Rays

Shohei Ohtani's leadoff home run in the sixth inning secured a 1-0 victory for the Los Angeles Dodgers against the Tampa Bay Rays. Pitcher Justin Wrobleski delivered six scoreless innings, allowing only three hits. The Dodgers' bullpen closed out the shutout, marking their eleventh home win since May 13.

The Economic Times

Cyient shares crash 6% as stock turns ex-record date for Rs 720 crore share buyback. What's ahead?

Cyient shares fell sharply on Wednesday after the stock turned ex-record date for its Rs 720 crore share buyback at Rs 1,125 per share. Investors purchasing shares after the record date will not be eligible to participate. The company’s first buyback since 2019 comes amid mixed operational performance and cautious…

The Economic Times

Telegram moves Delhi HC against Centre’s ban ahead of NEET-UG re-test; court to hear plea today

Telegram has moved the Delhi High Court against the Centre's temporary ban. The government imposed the restriction ahead of the NEET-UG re-test scheduled for June 21. The court agreed to hear the petition today. This move aims to ensure the smooth conduct of the examination. The ban is a measure…

The Economic Times

Karnataka: HD Kumaraswamy slams DK Shivakumar over posters alleging land mafia links

Amidst swirling rumors regarding land ownership, Anitha Kumaraswamy took the opportunity to set the record straight, asserting that her 46-acre property was a result of forty years of hard work. On the other hand, HD Kumaraswamy seized the moment to challenge Shivakumar, accusing him of ethical lapses and misappropriating his…

The Economic Times

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The Economic Times

Shiv Sena (UBT) split row deepens as Sanjay Raut alleges Maharashtra MPs offered Rs 50 crore each to switch sides

Sanjay Raut alleges a Rs 50 crore "Minimum Support Price" for poaching MPs, with Rs 15 crore as an advance, amid speculation of a Shiv Sena (UBT) split. He challenges potential defectors to resign and seek a fresh mandate, questioning the health of democracy if elected representatives can be induced…

The Economic Times

Telegram moves Delhi HC against temporary ban

Social messaging app Telegram has moved Delhi High Court challenging the decision of central government to temporarily restrict the access to platform in India.

The Economic Times

The problem with owning 13 mutual funds to reach Rs 4.67 crore goal

An investor's 13-mutual fund portfolio, aiming for Rs 4.67 crore, was deemed over-fragmented and style-overlapping. An expert advised consolidating to 6-7 high-conviction funds, reducing gold/silver allocation, and shifting towards growth-oriented equity strategies for better long-term wealth creation.

The Economic Times

Iran fires drones at commercial ships in Strait of Hormuz: Israeli Media

The firing took place after the signing of the US-Iran memorandum of understanding (MoU) on Sunday, and the drones were intercepted by the US military ere they posed a threat to commercial or US military ships and personnel.

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The Economic Times

Adani Green in talks to raise as much as $1 billion in offshore borrowing after US settlement

Adani Green Energy is planning to secure a significant offshore loan of up to $1 billion. This marks the company's first international borrowing after resolving legal issues in the United States. The funds will support capital expenditure and other company needs. This move could also invigorate India's offshore loan market,…

The Economic Times

"Defectors' team has no credibility, TMC led by Mamata remains genuine party": Kirti Azad slams rebel camp

Trinamool Congress MP Kirti Azad dismissed rebel MPs merging with the Nationalist Citizens Party of India as lacking legitimacy, asserting Mamata Banerjee's TMC remains the "genuine" party with significant electoral backing. The Lok Sabha Speaker is reviewing the status of the 20 rebel MPs before making a decision on their…

The Economic Times

How a Noida-based apparel maker found its way into wardrobes worldwide

CTA Apparels is embracing automation and vertical integration to enhance speed, transparency, and traceability. This shift positions them as systems-driven partners for global fashion brands. Investments in technology and sustainability are key to their future growth and competitiveness in the global market.

The Economic Times

India makes gains in child, maternal health but nutrition challenges persist: SBI report

India's latest health survey reveals significant improvements in maternal care and child vaccination rates. Stunting among children has seen a notable decline. However, modest gains in underweight and wasting indicate a need for comprehensive nutrition strategies. The survey also points to a rise in obesity among women. Fertility rates are…

The Economic Times

BAN vs AUS Live Streaming: When and where to watch Bangladesh and Australia 1st T20I match live, check predicated playing 11 and pitch report

Bangladesh vs Australia Playing 11: Bangladesh and Australia are ready for their first T20 International match. The game takes place in Chattogram on Wednesday, June 17. Fans can watch the match live on FanCode. Both teams have strong players. The pitch at the stadium usually helps bowlers. Australia has won…

The Economic Times

He once scored 51 marks in Maths, now owns a space company worth $1.1 billion. Meet 35-year-old rocket man who gave up ISRO job

Pawan Kumar Chandana, once a struggling student, now leads Skyroot Aerospace. This company achieved India's first private rocket launch. Chandana's journey from ISRO scientist to entrepreneur is inspiring. Skyroot is now preparing for its orbital launch vehicle, Vikram-1, aiming for regular space missions.

The Economic Times

Higher prices for gas, groceries and flights will outlast the Iran war, experts say

A tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time for oil and supply chains to normalize.

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