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The Latest Breaking News from The Economic Times

Rhodes Scholarship 2027 opens for Indian students: Who can apply and by when

Indian students can now apply for the prestigious Rhodes Scholarship 2027. This offers a chance to pursue postgraduate studies at the University of Oxford. Applications opened on June 1, 2026, and close on July 23, 2026. Five scholarships are available for India. This is a significant opportunity for aspiring scholars…

The Economic Times

Psychology says people who keep reading reviews before buying a product aren’t indecisive or stingy: Why some brains need extra certainty before buying

Psychology says the key takeaway is that many people are not necessarily worried about spending money, they are worried about making the wrong decision. Reading reviews across multiple sources often reflects a deeper need to avoid regret, seek reassurance and create a sense of certainty in an environment filled with…

The Economic Times

Techie dies mysteriously during Mussoorie trip with husband; Shocking scene leaves investigators searching for answers

A young software engineer from Delhi was discovered deceased at a Mussoorie homestay. Police are investigating the mysterious circumstances surrounding her death. The couple had arrived for a trip and reportedly consumed alcohol. Investigators found the woman on the floor with blood on the bedsheet. The post-mortem report is awaited…

The Economic Times

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SpaceX to acquire AI coding company Cursor for $60 billion

SpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster SpaceX's enterprise AI market presence, following its recent blockbuster IPO. The deal, expected by Q3 2026, could significantly boost xAI's capabilities.

The Economic Times

Noida man poses as IPS officer in Lucknow, scolds cops for not saluting him, arrested after payment dispute at tea stall

A man was arrested in Lucknow for pretending to be an IPS officer. He allegedly intimidated police personnel at a tea stall. The accused, Mithilesh Shukla, was booked for impersonating a public servant. He admitted to working as an account executive and not being an IPS officer. A case was…

The Economic Times

Akasa Air begins operations from Noida airport, to set up MRO facility

Akasa Air has begun flights from Noida International Airport. This marks a significant expansion for the airline. Flights now connect Noida with Navi Mumbai. The airline also plans to establish a maintenance facility at the airport. This move strengthens Akasa Air's presence in the National Capital Region. It also supports…

The Economic Times

AI in Hungary could unlock productivity gains of €15 billion: McKinsey

McKinsey projects AI could boost Hungary's productivity by €15 billion by 2030, helping close the gap with European neighbours. However, lagging adoption risks further divergence. Executives highlight potential cost transformations, faster service delivery, and the imperative of global competitiveness to avoid being outpaced by foreign AI adopters.

The Economic Times

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FIFA World Cup 2026 Argentina Prediction: Will Lionel Messi's genius help Argentina win? It may depend on Cristiano Ronaldo

A renowned World Cup prediction model, which accurately forecast the last three winners, suggests Argentina's reign as champions will end in the 2026 quarter-finals. Despite Lionel Messi's expected decisive role against Turkey, the model predicts Portugal's deeper squad will overcome the defending champions in a blockbuster clash.

The Economic Times

Rs 25,000 monthly investment in 5-year RD: Check maturity in SBI, PNB, post office, HDFC Bank and other recurring deposits

Recurring Deposits offer a safe way to build savings with fixed monthly investments. Investors can choose between banks and post offices for their RD accounts. Interest rates vary, with post offices offering a competitive 6.7% for a five-year tenure. Banks also provide attractive rates for similar periods. Maturity amounts depend…

The Economic Times

Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: Analysts

Energy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening of the Strait of Hormuz are key factors. However, analysts warn of continued volatility due to supply disruptions and low inventories. India's energy security and import costs are expected to…

The Economic Times

TMC MPs' NCPI merger bid revives memories of Arunachal's Khandu playbook

Twenty rebel Trinamool Congress MPs plan to merge with a lesser-known party. This move echoes a 2016 Arunachal Pradesh political realignment. Legal opinions are sought on the merger's validity. Constitutional experts highlight that only a political party can merge, not individual legislators. The TMC leadership disputes the rebel MPs' merger…

The Economic Times

Inspirational Italian proverb of the day: 'The house hides but doesn’t steal.' Remarkable lesson about life, lost opportunities and why things are not always what they seem

Inspirational Italian Proverb of the Day: “An Italian proverb, "The house hides but doesn’t steal," offers a timeless lesson on patience and perspective. It suggests that what appears lost is often merely misplaced, encouraging a thoughtful approach to life's challenges. This wisdom reminds us to avoid jumping to conclusions and…

The Economic Times

Russia should make peace deal, Trump says after 'very good' Zelenskiy meeting

US President Donald Trump called for Russia to strike a peace deal with Ukraine. He met with G7 leaders and Ukrainian President Volodymyr Zelenskyy. European diplomats aim to convince Trump that Ukraine's position has strengthened. They also want to discuss Iran's nuclear program and maritime security in the Strait of…

The Economic Times

Psychology says parents who sleep with their infants and avoid cribs are often seeking more than convenience: The hidden emotional reasons some families choose the family bed

Psychology suggests that this parenting debate is fundamentally rooted in the human need for connection. Parents who choose to sleep alongside their infants are rarely trying to encourage dependence or dismiss professional guidance. More often, their decision is influenced by a powerful blend of biology, instinct, affection, emotional bonding and…

The Economic Times

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Quote of the day by Miguel de Cervantes Saavedra: “When life itself seems lunatic, who knows where madness lies? Perhaps to be too practical is...” how Don Quixote brilliantly balances idealism, madness, and deep human wisdom to reveal timeless truths about dreams, reality, courage, and purpose

This Quote of the Day from Don Quixote explores a timeless question about dreams, reality, wisdom, and human purpose. The famous Miguel de Cervantes quote challenges modern beliefs about success and practicality. It reveals how courage, imagination, and vision often shape history, while fear and conformity quietly limit human potential.

The Economic Times

India’s gold hunger stays unshaken as higher duties fail to close the import floodgates

India's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a notable spike in demand, which has since sustained momentum. This pattern implies that heightened taxation is failing to temper the nation’s gold obsession.

The Economic Times

PM Narendra Modi lines up middle-power talks ahead of Trump meeting at G7

Prime Minister Narendra Modi will attend the G7 summit in France. He will highlight India's expanding relationships with countries like Canada, the UK, and the UAE. These meetings precede his first in-person discussion with US President Donald Trump in over a year. The talks aim to strengthen India's global partnerships…

The Economic Times

A330 neo planes could be very good option for Indian aviation market: Airbus exec

India's aviation sector is set for significant expansion. Airbus believes its A330 neo aircraft is a strong contender for Indian airlines. The company anticipates substantial growth in air travel within India over the next decade. Airbus is committed to supporting this growth with its aircraft deliveries and increasing local sourcing.

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The Economic Times

Iran says talks on final US deal to begin this week

Iran and the United States are set to begin crucial nuclear and sanctions relief talks this week. An agreement to end a recent war is expected to be signed soon. Negotiations will focus on Iran's nuclear program and the lifting of sanctions. The Strait of Hormuz is anticipated to reopen,…

The Economic Times

G7 allies scramble to put Ukraine back atop Trump's agenda as war drags on

G7 leaders are urging President Trump to refocus on the Ukraine war. France and other European nations are now the main supporters of Kyiv. Trump plans to meet with Ukrainian President Zelenskyy. The UK announced new sanctions against Russia's oil transport. Ukraine has begun EU membership talks. The Middle East…

The Economic Times

Nutrition brand TruNativ closes $30 million round with OrbiMed Advisors LLC

Clean-label nutrition brand TruNativ has secured $30 million from OrbiMed Advisors LLC to boost distribution, expand its product range, and establish a new R&D center. The Mumbai-based company, founded in 2019, aims to integrate nutrition into daily life and will also grow its B2B2C ingredients business.

The Economic Times

BJP govt has 'failed' first test of accountability by not seeking Pradhan's resignation: Kharge

Congress leader Mallikarjun Kharge criticizes the Modi government for exam irregularities. He demands Education Minister Dharmendra Pradhan's resignation, citing widespread paper leaks affecting millions of youth. Kharge highlights the government's failure to ensure accountability, with multiple exams like NEET, SSC, UGC-NET, and CUET facing leaks. Rahul Gandhi will address student…

The Economic Times

Rupee closes at 94.56 vs USD; US-Iran peace agreement details, Fed guidance awaited

The Indian rupee strengthened for the third day in a row. This rise was supported by positive sentiment and anticipation of a U.S.-Iran peace agreement. Lower oil prices also boosted the rupee. Traders are now awaiting details of the peace deal and guidance from the U.S. Federal Reserve. The rupee…

The Economic Times

Bank freezes Bengaluru man's entire account instead of Rs 25,000 specified by police; Karnataka HC grants him relief

A Bengaluru resident approached the Karnataka High Court after his bank froze his entire account despite police communications seeking a freeze of only Rs 25,000. The court ruled that banks cannot expand the scope of freezing directions on their own and must restrict action to the amount specified by investigating…

The Economic Times

Used 2-wheeler startup Speedioo raises Rs 10 crore from Atomic Capital

With the fresh capital, the company is looking to expand into a business-to-consumer (B2C) model, invest in an AI-native tech stack, and integrate AI into its value chain across procurement, vehicle assessment, price discovery, and resale pricing, said co-founder and CEO Sagar Potphode.

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