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The Latest Breaking News from The Economic Times

RIL announces AGM date on June 19; updates on Jio IPO in focus

Reliance Industries Ltd will hold its 49th annual general meeting on June 19, 2026. The company reported strong revenue and growth in its consumer businesses for the fiscal year. Investors anticipate updates on Reliance Jio IPO and new energy ventures. The meeting will cover the company's future investment plans and…

The Economic Times

Lord’s Mark Industries receives BSE listing approval under PPIRP

Lord's Mark Industries Ltd. achieved a historic first, securing stock exchange listing approval under India's IBC scheme of PPIRP. This significant milestone, expected to see trading commence around June 2026, underscores the company's successful restructuring and future growth ambitions. Driven by a vision inspired by Ratan Tata, the company aims…

The Economic Times

'He has attained samadhi': Hyderabad techie’s family chooses not to recover his body from Everest citing faith among reasons

'He has attained samadhi': The family of Hyderabad-based climber Arun Kumar Tiwari, who died while descending Mount Everest near the Hillary Step, has decided against bringing his body back from the mountain’s “death zone”. Citing his deep connection with the Himalayas, religious beliefs, and the extreme risks involved in recovery…

The Economic Times

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Exceptionally early heat wave shatters records and brings deaths in Europe

Britain and Western Europe are facing an intense spring heatwave. Temperatures have broken century-old records in the UK. Several drownings have been reported as people try to cool down. France and Spain are also experiencing unusually high temperatures. Authorities are issuing health warnings due to the extreme heat.

The Economic Times

Bakrid 2026 celebrations: Check which roads are blocked in Bengaluru and how to get around them

Bengaluru traffic police have announced extensive diversions and road closures across six zones on Thursday for Bakrid prayers. Commuters should plan ahead as key routes like Millers Road, Bannerghatta Main Road, and the BGS Flyover will be shut. Restrictions begin early, with KG Halli facing the longest closure. Alternate routes…

The Economic Times

US forces to withdraw from Iran's vicinity, lift naval blockade, says state media citing draft deal

For India and other major energy importers, any agreement leading to normalisation in Hormuz traffic could ease concerns over supply disruptions and crude price volatility. The waterway remains one of the world’s most critical energy chokepoints, making developments in the negotiations closely watched by global markets.

The Economic Times

Adani companies extend rally to recoup losses sparked by Hindenburg

Adani Group companies have recovered nearly $150 billion in market value lost after the 2023 Hindenburg report. Strong rallies in Adani Power, Adani Total Gas and Adani Enterprises, along with easing regulatory concerns and rising investor confidence, have driven the conglomerate’s remarkable market comeback.

The Economic Times

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'Will inform when we decide': Congress denies imminent Karnataka CM change, says no decision taken yet

Speculation about a leadership change in Karnataka is rife. The Congress party denies any imminent decision to replace Chief Minister Siddaramaiah. High-level meetings have fueled political chatter. A decision is expected soon. A breakfast meeting between Siddaramaiah and Deputy Chief Minister DK Shivakumar is scheduled. Future transitions may include cabinet…

The Economic Times

India's top airlines cut domestic flights between 5-22%

Aviation giants Air India and IndiGo are cutting domestic flights between June and August 2026. High aviation fuel costs are impacting airline operations and commercial viability. Air India will reduce up to 22 percent of its domestic flights. IndiGo plans a 5-7 percent reduction in domestic capacity. These adjustments are…

The Economic Times

Iranian missile likely involved in attack on ship in Strait of Hormuz, South Korea says

South Korea's Foreign Ministry stated an Iranian anti-ship missile was likely involved in an attack on a HMM cargo ship in the Strait of Hormuz. Debris analysis revealed components similar to Iranian-made turbojet engines and warheads resembling Iranian missiles. Iran's ambassador denied any involvement in the incident.

The Economic Times

China asks Quad to stop meddling in maritime affairs in its neighbourhood

China has strongly reacted to a Quad Ministerial meeting. The meeting expressed serious concerns over the East and South China Sea situations. China stated that the situation in these seas is generally stable. Beijing urged certain countries to stop interfering in its neighborhood maritime affairs. China opposes exclusive groupings and…

The Economic Times

Quote of the day by Antonio Gramsci: "The strongest and most effective force in guaranteeing the long-term maintenance of power is not..." Learn the profound lesson from the imprisoned Italian thinker who exposed how societies surrender freedom quietly through consent, culture, and invisible power

Quote of the day by Antonio Gramsci reveals a timeless truth about power, propaganda, political control, and social influence. Jailed by Italy’s fascist regime under Benito Mussolini, Gramsci warned that societies often lose freedom slowly, through silence, conformity, media narratives, and accepted inequality. His revolutionary ideas on cultural hegemony, consent,…

The Economic Times

Swiggy says failed shareholder resolution aimed at governance, not founder control

In an exchange filing, the company said the proposed amendments were designed to create a governance structure suited to a company without an identifiable promoter group, while ensuring continuity in management oversight and execution accountability.

The Economic Times

End of an era: Veteran sports administrator Randhir Singh dies

India's sporting world mourns the passing of Randhir Singh. He was a distinguished Olympian and a respected administrator. Singh achieved historic success in shooting and dedicated decades to sports governance. His contributions to the Olympic movement were significant. He served in key roles for the Olympic Council of Asia and…

The Economic Times

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The Economic Times

ONGC bets on gas-led growth as premium pricing boosts profitability

ONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantly, meeting rising domestic demand. Projects like Daman and KG-98/2 are expected to boost gas output. ONGC is also expanding its renewable energy portfolio and seeking cost savings. The company is…

The Economic Times

‘NRI dream is a trap’: Woman says clean roads and fresh air come at the cost of isolation, endless chores and toxicity

A social media post highlights a troubling experience of a woman who married an NRI and moved abroad. She reportedly faced extreme isolation and was burdened with endless household chores. The user suggests this 'NRI dream life' can be a trap for many young Indian women. She returned to India…

The Economic Times

Govt health spending triples to Rs 3.85 lakh crore in 2022-23: National Health Accounts

Government spending on healthcare has surged to Rs 3.85 lakh crore in 2022-23, nearly tripling from a decade ago. This increased public investment has led to a substantial drop in household out-of-pocket expenses for treatment. The share of government health spending in GDP has also risen. This indicates a positive…

The Economic Times

Doctor reveals surprising link between ear hair and heart health

Ear hair in younger men could signal heart risks. Dr. Priyam Bordoloi noted this connection, citing studies. Excessive ear hair, especially with a diagonal earlobe crease, may indicate issues like hypertension and diabetes. While not a definitive diagnosis, it serves as a clinical clue for doctors. Medical professionals are exploring…

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The Economic Times

Hopeful JSW's Rs 65,000 cr steel plant will be completed by 2029, to boost industrialisation: Majhi

Odisha's Chief Minister Mohan Charan Majhi is optimistic that JSW's massive Rs 65,000 crore integrated steel plant near Paradip will be operational by 2029. This mega project marks a significant step in the state's industrialisation. The plant will have an initial capacity of 13.2 MTPA and is expected to create…

The Economic Times

Annapurna Yojana launched: Who will get Rs 3,000 monthly financial assistance from June 1, 2026

West Bengal's Annapurna Yojana, effective June 1, 2026, will provide Rs 3,000 monthly financial aid to eligible women aged 25-60. This scheme replaces Lakshmir Bhandar for most beneficiaries, with an online application process opening on the same date. The initiative aims to offer assured financial support directly to women's bank…

The Economic Times

India’s most unusual village where cobras roam freely through homes and snakes are treated like family

Snake village of India: Shetphal, a village in Maharashtra often called the “Snake Village of India,” is known for its unusual coexistence between humans and cobras. In this village, snakes are not treated as intruders but are respected as part of local traditions and daily life. From dedicated snake spaces…

The Economic Times

Quote of the day by Stephen Hawking: 'It is all right to make mistakes; nothing is...' Life lessons on perfection, blunders and human behavior by popular English theoretical physicist

Quote of the day by Stephen Hawking highlights the idea that mistakes are part of human life. The quote explains that perfection does not exist in real life because people learn through errors, failures, and experiences. Stephen Hawking used this thought to explain human behavior, growth, and acceptance. The quote…

The Economic Times

ET Alpha Wealth Summit: Rethinking risk, cycles and India’s growth story

India's top wealth minds, HNIs, and family offices will convene at the ET Alpha Wealth Summit to dissect capital market forces and investment strategies for the next decade. The event will guide investors in navigating risk, timing, and long-term allocation amidst evolving macro signals and competing growth narratives for India.

The Economic Times

Tata 1mg turns Ebitda positive across core units as diagnostics crosses Rs 600 crore in ARR

The company said its diagnostics business crossed an annualised revenue run rate of more than Rs 600 crore during the year, growing over 40 per cent year-on-year while sustaining double-digit Ebitda margins.

The Economic Times

Modi stresses whole-of-nation approach to tackle heatwave: Union Minister Ashwini Vaishnaw

Prime Minister Narendra Modi has instructed Union cabinet ministers to take immediate steps to combat the severe heatwave. He emphasized a 'whole-of-nation' approach involving the Centre, states, and citizens. Ministries like health and water resources are prioritized. Citizens are urged to stay hydrated and take precautions, especially vulnerable groups. The…

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