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The Latest Breaking News from 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

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

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.

The Economic Times

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"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

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

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

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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.

The Economic Times

US Stock Market: ETF issuers rush to capitalise on AI-focused ‘MANGOS’ theme after SpaceX IPO

Two asset managers are seeking regulatory approval for new ETFs tied to the "MANGOS" acronym, a basket of leading AI-focused companies including Meta, Nvidia, Google, SpaceX, Anthropic, and OpenAI. This move follows SpaceX's record IPO, fueling investor enthusiasm for AI-linked stocks and creating a potential successor to the Magnificent Seven…

The Economic Times

Mike Trout homers as LA Angels shut out Arizona Diamondbacks 7-0

The Los Angeles Angels secured a dominant 7-0 victory against the Arizona Diamondbacks. Mike Trout was instrumental with a two-run home run and an RBI double. Pitcher Reid Detmers delivered a stellar performance, pitching seven scoreless innings. The Angels' offense produced 14 hits, with Logan O'Hoppe contributing significantly. The Diamondbacks…

The Economic Times

'Didn't have means to travel by rickshaw, now fly in private jets': Sanjay Raut targets party MPs amid defection buzz

Shiv Sena (UBT) MP Sanjay Raut accused party leaders of defecting, claiming they owe their political rise to Uddhav Thackeray. He alleged an 'Operation Tiger' was underway to ferry MPs away via chartered jet, warning of accountability for those leaving the party.

The Economic Times

Vedanta Aluminium shares tumble 14% in 3 days since listing. What’s dampening the shine of Vedanta’s new crown jewel?

Vedanta Aluminium shares hit the 5% lower circuit for a third straight session on Wednesday, extending their post-listing decline to 14%. Since debuting at Rs 522 per share on Monday, the stock has shed over Rs 29,000 crore in market value, with its market capitalisation falling from more than Rs…

The Economic Times

Brandon Lowe's 9th-inning blast completes Pittsburgh Pirates' comeback vs. Athletics

Brandon Lowe's ninth-inning homer propelled the Pittsburgh Pirates to a 6-5 comeback victory over the Athletics. Bryan Reynolds starred with two homers and three RBIs, while Zack Gelof extended his hitting streak to 20 games for Oakland. The Pirates rallied late, tying the game in the seventh before Lowe's decisive…

The Economic Times

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US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in France

Global economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but the war's economic impact persists. Central banks have raised interest rates. G7 nations aim to avoid conflict with U.S. President Donald Trump, focusing on narrower economic issues.…

The Economic Times

$6 billion double dhamaka coming: Jio and NSE likely to file for India's biggest IPOs this week

Reliance Jio and the National Stock Exchange are poised to file draft IPO papers this week, targeting a combined fundraising of approximately $6 billion. Jio's expected $4 billion offering could become India's largest listing, while NSE's filing aims to revive market sentiment after years of delays.

The Economic Times

Telegram CEO claims Reliance, WhatsApp's role behind efforts to ban company's app in India

Telegram CEO Pavel Durov accuses Reliance Group and WhatsApp of lobbying to ban his app in India. He also claims Reliance is disrupting Telegram access for users globally. A telecom source dismisses these claims, stating Durov confuses two separate Reliance entities. The Indian government has ordered Telegram's delisting from app…

The Economic Times

ET Alpha Wealth Summit | Kotak's Nilesh Shah bets on India's electrification story over next decade; flags AI as the wildcard

India's energy self-sufficiency is a decade-long investment theme, driven by aggressive electrification to reduce import dependence. Experts highlight solar, storage, and nuclear power, alongside transmission infrastructure. The shift to EVs faces rare-earth bottlenecks, prompting domestic innovation. AI offers another significant, albeit different, growth avenue. Investors should manage thematic risks by…

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The Economic Times

Rs 76 lakh from a reel, Rs 25 lakh for dinner: Influencer Orry reveals how he makes money

Internet personality Orry has revealed the business behind his social media fame, claiming he earned ₹76 lakh from a single Instagram reel and charges between ₹15 lakh and ₹25 lakh for attending events, dinners, weddings, and birthdays.

The Economic Times

US Stock Market: UBS pushes Fed rate cut expectations to 2027 on hawkish policy outlook

UBS Global Wealth Management now expects the US Federal Reserve to keep interest rates unchanged through 2026, delaying rate cuts until 2027 amid a hawkish outlook. The firm forecasts two 25-basis-point cuts in March and June 2027, as markets reassess inflation risks, energy pressures, and global central bank policy stance.

The Economic Times

US Visa Bulletin July 2026: Latest update brings bad news for Indians on the Green Card queue

The US Department of State's July 2026 Visa Bulletin introduces significant shifts for Indian green card seekers. The EB-2 category is now unavailable for India for the remainder of fiscal year 2026. The EB-1 category has also moved backward. The EB-5 unreserved category is closed due to high demand. Further…

The Economic Times

Cincinnati Reds ride strong 1st inning to down New York Mets

Sal Stewart's three-run homer powered the Reds to a 5-3 victory over the Mets, ending a five-game losing streak for pitcher Brady Singer. The Reds secured consecutive wins for the first time since late May. Despite a late Mets rally, highlighted by Mark Vientos' pinch-hit homer, Cincinnati held on for…

The Economic Times

Students welcome temporary restriction on Telegram ahead of NEET-UG 2026 re-examination

Students welcome the NTA's temporary Telegram ban ahead of the NEET-UG 2026 re-examination, calling it a positive step while demanding a thorough investigation into the paper leak. Aspirants suggest restricting other social media platforms too, though some express concern about the impact on accessing study resources.

The Economic Times

De Minaur up and running at Queen's, Mensik suffers early defeat

Alex de Minaur advanced to the Queen's Championships last 16 with a 7-6(8) 6-3 victory over Gabriel Diallo, ending a two-year first-round losing streak at the event. Meanwhile, third seed Jakub Mensik's Wimbledon preparations were hampered by a marathon loss to Adrian Mannarino, who will face Arthur Fery next.

The Economic Times

Vedanta Iron and Steel shares rally 16% in 3 days as Azim Premji-backed fund buys shares worth Rs 102 crore

Vedanta Iron and Steel shares are on a strong rally, hitting the upper circuit for a third day. This surge follows an investment by Premji Invest. The stock has seen significant gains since its market debut. In contrast, other Vedanta demerged entities like Vedanta Aluminium and Vedanta Oil & Gas…

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