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The Latest Breaking News from The Economic Times

Shiv Sena (UBT) MPs Sanjay Raut, Anil Desai & Arvind Sawant meet Om Birla amid defection buzz, submit letter

Amid fears of a fresh split, three Shiv Sena (UBT) Lok Sabha MPs met the Speaker, submitting a letter to preempt any claims by rebel MPs. This move follows allegations by Sanjay Raut that MPs are being lured with substantial sums to switch parties, fueling speculation about a potential breakaway…

The Economic Times

Telegram stops working for existing users in India but operational on VPN

Telegram access is temporarily blocked in India for existing users. This action aims to prevent paper leaks for the upcoming NEET-UG 2026 re-examination. The app has been removed from app stores. However, Telegram continues to function using VPNs. This move affects millions of users in India. The government seeks to…

The Economic Times

DS Group to hike investment in hospitality segment to Rs 1,500 cr: Vice-Chairman Rajiv Kumar

DS Group is boosting its hospitality investment to Rs 1,500 crore. The conglomerate plans to double its room count ahead of its 2029 target. New projects include a W Hotels property in Delhi. DS Group is also exploring acquisitions and expansion in Northeast India. This move reflects significant growth potential…

The Economic Times

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Companies need flexibility, choice as AI becomes a geopolitical issue

India is one of the fastest growing markets for Databricks, and last year the firm announced a $250 million investment in India to ramp up research and development capabilities and expand the India market.

The Economic Times

Divorced wife retains right to recover maintenance after ex-husband's death, loses claim for higher payment

Bombay High Court has ruled that a divorced wife can continue to recover maintenance already awarded to her, including arrears, from her late husband's estate. However, she cannot seek an increase in the maintenance amount after his death. The court said enhancement of maintenance would require fresh adjudication, which is…

The Economic Times

'Reason why MPs don't want to be with them': Maharashtra Minister Shirsat slams Sanjay Raut's abusive remarks

Maharashtra Minister Sanjay Shirsat on Wednesday slammed Shiv Sena (UBT) MP Sanjay Raut over his recent use of abusive language toward party MPs suspected of switching sides, calling the conduct "insulting" and "not right."

The Economic Times

Are the EU and China heading for a trade war?

Europe's trade gap with China is widening. This is leading to protective measures on items like electric vehicles and e-commerce. Leaders are meeting to discuss the growing trade conflict. Beijing wants dialogue but warns of retaliation. The risk of a trade war is real, though both sides have reasons to…

The Economic Times

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Kavitha rules out reconciliation with father KCR

TRS president K Kavitha declared her association with BRS was over and has vowed to build a new future with her party, Telangana Rakshana Sena. She cited "bitter experiences" and a lack of internal democracy within BRS as reasons for her departure, emphasizing a focus on regional issues and social…

The Economic Times

Vaibhav Sooryavanshi's on-field outburst underlines importance of situation management training

Young Indian cricketer Vaibhav Sooryavanshi requires mental conditioning to manage sledging. Experts suggest this training will help him maintain composure during matches. The focus is on developing situational intelligence to bridge the gap between talent and performance. This proactive approach aims to prepare emerging players for the challenges of senior…

The Economic Times

The Chainsmokers India Tour 2026 Dates: Check schedule, ticket booking details and prices

The Chainsmokers India Tour 2026 Tickets Price: Grammy-winning duo The Chainsmokers will perform in India this December. The tour includes Mumbai on December 18, Delhi on December 19, and Bengaluru on December 20. This marks a significant live entertainment event for fans. Their hit song 'Closer' anniversary is also being…

The Economic Times

The new man of steel! India seen filling the void China may leave

India Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low, offering significant growth potential. Unlike China's property-driven boom, India's demand will stem from infrastructure, manufacturing, and urban development. This growth will be more gradual, influenced by execution challenges…

The Economic Times

Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share sale

Turtlemint has set a price band of Rs 144-152 per share for its Rs 883 crore IPO, which opens on June 19. The IPO comprises a fresh issue of Rs 660.72 crore and an offer for sale of Rs 221.94 crore at the upper band. At the upper end, the…

The Economic Times

FCNR deposit rates up to 6.5%: Bank of Baroda, Indian Overseas Bank and others launch schemes for NRIs, OCIs

Following RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have launched FCNR(B) schemes with attractive US dollar deposit rates. These schemes, effective from June 2026, offer interest rates up to 6.50% p.a. for tenures of 3 to 5 years,…

The Economic Times

Consent, crowd ratification and crassness: Stand-up comedy under scanner again

Recent comedy shows in India have ignited a fierce debate. Performers made jokes about sexual assault and consent, drawing widespread criticism. Videos of these performances have gone viral, leading to calls for accountability. Activists and comedians are questioning the boundaries of humor and the impact of such content on society.

The Economic Times

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The Economic Times

Financials in a sweet spot, defence remains a structural bet: Dharmesh Kant

Financial stocks are set to lead a market rally through June and July. Experts see banks and financial institutions benefiting from strong earnings and credit growth. Defence and healthcare are also favoured sectors. Investor sentiment later in the year will depend on the monsoon's progress. Consumption and metals sectors are…

The Economic Times

Shiv Sena (UBT) issues whip to MPs amid split speculation

Shiv Sena (UBT) leaders are projecting party unity amidst intense speculation about MPs potentially breaking away. Party officials state no MP has officially communicated plans to quit. A whip has been issued for all MPs to attend a parliamentary meeting. Leaders emphasize the party functions on a collective framework.

The Economic Times

Salary doesn't decide happiness: Many see income and achievements as measure of success, but one study says the respect from people around you matters more than your place on the economic ladder

A new study suggests happiness may depend less on income and job titles and more on the respect, acceptance and value people receive from their close social circles. New research reveals that feeling valued and respected by friends and colleagues impacts happiness more than income or career. This 'local respect'…

The Economic Times

India-Thailand discuss deepening defence R&D; focus on Indo-Pacific security situation

India and Thailand convened their 10th Defence Dialogue in Bangkok. Discussions focused on enhancing cooperation in defense manufacturing, research, and innovation. Both nations reviewed ongoing military engagements and capacity-building initiatives. They also exchanged views on regional security and reaffirmed their commitment to a strategic partnership. This dialogue marks a significant…

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The Economic Times

France braces for heatwave with canal swimming allowed in Paris

France braced for another heat wave on Wednesday, with Paris allowing swimming in one of its canals so residents could cope with the heat. In Paris, swimming would be allowed from Wednesday evening under lifeguard supervision in one part of the Canal Saint-Martin in the east of the city, mayor…

The Economic Times

One cup of tea for ₹900 in US? Bihari doodhwala left speechless after hearing milk prices in California, watch viral video

A viral video shows an Indian milk vendor's astonishment at US milk prices. He learns a litre costs around 450 rupees in California. The vendor is further surprised by the 900 rupee price for a cup of tea made with this milk. This leads him to inquire about exporting his…

The Economic Times

Avoid IT, focus on growth: Samir Arora's playbook for next 12 months

Investor optimism is rising on hopes of a US-Iran agreement, potentially easing energy market concerns and geopolitical uncertainty. Helios Capital founder Samir Arora believes peace in West Asia could remove a key market overhang and help control oil prices, with a focus on broader outcomes over deal specifics.

The Economic Times

International Yoga Day 2026: Check this year's theme, events, main venue and timings

India is gearing up for the 12th International Day of Yoga on June 21 in Kolkata. The event will be led by Prime Minister Narendra Modi. The theme for 2026 will be 'Yoga for Healthy Ageing'. Preparations include nationwide and international programs. A Guinness World Record was set with over…

The Economic Times

Indian pharma market's double-digit growth momentum is likely to continue further: Equirus

The Indian Pharmaceutical Market is set for continued double-digit growth. May's performance showed strong demand across all therapies. Chronic therapies are leading the expansion, with acute therapies also showing improvement. Volume growth is accelerating, and new drug introductions are contributing significantly. This broad-based demand suggests sustained market expansion in the…

The Economic Times

Odisha school textbooks found with 1,678 spelling, factual and contextual errors: Newton called a pilot, Hampi shown as Konark, equinox as equator

New Odia textbooks for Classes I to VIII contain over 1,600 errors. These mistakes range from spelling and factual inaccuracies to geographical and cultural blunders. The School and Mass Education Department is rectifying the errors. Revised content will be provided to students. The department is strengthening its review process for…

The Economic Times

Former UK Health Minister Wes Streeting says he could challenge PM Keir Starmer next week

Former Health Minister Wes Streeting is ready to challenge Keir Starmer for Labour leadership. He wants to end uncertainty and paralysis within the party. Streeting believes a contest should happen soon. Andy Burnham is also seen as a potential frontrunner if he wins a local election. Starmer has stated he…

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