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The Latest Breaking News from The Economic Times

Psychology says people who press the elevator repeatedly are not necessarily impatient: It is about craving control during tiny moments of uncertainty

The elevator button is just one example of a broader psychological pattern. The key insight is that people are often not trying to make the elevator arrive faster, they are trying to ease their own sense of discomfort and impatience. That may be exactly why these small behaviors are so…

The Economic Times

States' expenditure rises 131% in 10 yrs on welfare, development: CAG Report

States' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the largest budget component. Committed expenses and subsidies consumed over half of revenue spending. Total state expenditure reached Rs 51.20 lakh crore in 2024-25. Budgetary spending averaged between 15.78 and 17.49 percent…

The Economic Times

Kevin Warsh takes Fed pulpit with immediate challenges, longer-term agenda

Federal Reserve Chairman Kevin Warsh leads his first policy session, sending ripples through the investment community eager for clues on monetary policy shifts. With a preference for brevity in his public declarations, Warsh encounters the challenge of aligning expectations for rate cuts with the latest inflation figures.

The Economic Times

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India's rice stocks climb to record high; wheat inventories at five-year peak

India's government warehouses hold record rice stocks, up 15% from last year. Wheat inventories are at a five-year peak. These abundant reserves will support increased rice exports. Higher wheat stocks will help manage prices by allowing open market sales. Record production in the last crop year fueled these impressive inventories.…

The Economic Times

Disproportionate, band-aid solution: IFF on Centre's curbs on Telegram ahead of NEET re-exam

The Internet Freedom Foundation has voiced strong opposition to the government's controversial move to not only ban Telegram but also to strip away its message-editing option. With the NEET-UG 2026 re-exam looming, the foundation labels this tactic as a mere quick fix to a much larger problem of cheating.

The Economic Times

BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes over

BigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company announced on Tuesday. Amazon veteran Amit Nanda, the director of selling partner services at the ecommerce major, will be taking over as the chief executive.

The Economic Times

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

G7 leaders are urging President Trump to refocus on the Ukraine war. Discussions at the summit included increasing pressure on Russia through sanctions. Leaders also agreed to provide Ukraine with more air defense. The UK announced new sanctions targeting Russia's oil and gas shipping. Trump expressed frustration over the ongoing…

The Economic Times

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₹28 LPA in Bengaluru beats $60,000 in the US? Here's why Indian professional is considering moving back home

A young Indian professional, after a year-long job hunt in the US, faces a dilemma: a ₹28 LPA offer in Bengaluru or continuing his career in America with a recently selected H1-B visa. Torn between family responsibilities and career prospects, he weighs the financial and lifestyle implications of returning home…

The Economic Times

Life Lesson of the Day by Nassim Nicholas Taleb: “Missing a train is only painful if you run after it. Likewise, not matching the idea of...” Powerful life lesson on success, freedom, and self-worth for young minds by the bestselling author of The Black Swan, Antifragile, and Skin in the Game

Life Lesson of the Day by Nassim Nicholas Taleb: What if the biggest source of stress is not failure but chasing someone else’s definition of success? This powerful life lesson on success, freedom, and self-worth comes from the bestselling author of The Black Swan and Antifragile. It reveals why independent…

The Economic Times

In 1899, scholar Wang Yirong just looked at 'dragon bones' in medicine market; Then he noticed strange symbols that revealed China's 3,000-year-old lost history & direct evidence of Shang dynasty

In 1899, scholar Wang Yirong noticed ancient markings on so-called "dragon bones" being sold in a traditional Chinese medicine market. His observation led to the identification of these artefacts as oracle bones, which later provided direct evidence of the Shang dynasty. The inscriptions on the bones represent the earliest known…

The Economic Times

Avaada targets 17.7 GW renewable energy capacity within two years

Avaada Group is set to significantly expand its renewable energy capacity. The company plans to add 10.5 gigawatts over the next two years. This expansion will bring Avaada's total installed generation capability to 17.7 gigawatts. Power purchase agreements are already secured for these upcoming projects. This growth aligns with India's…

The Economic Times

PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energy

Indian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sustainable finance. The Reserve Bank of India's Green Deposit Framework, introduced in 2023, has played a key role. Banks are channeling these funds into environmentally friendly projects like renewable energy and…

The Economic Times

$Gurnoor Brar's rise: A stress fracture, a new action and a 150-kph dream$

Gurnoor Brar's rise: A stress fracture, a new action and a 150-kph dream

Gurnoor Brar impressed on his international debut. The young pacer delivered speeds of 148 kmph. He took three wickets in his first spell. This performance justified the selectors' belief in his talent. Brar's journey included overcoming a stress fracture and significant technical changes. His coach believes he can bowl even…

The Economic Times

Unilever partners with Accenture to build 40 AI-powered digital twins across manufacturing network

Consumer goods giant Unilever is teaming up with Accenture. They will use AI-powered digital twins in factories worldwide. This initiative aims to boost efficiency and quality. Unilever plans to build over 40 new digital twins in the next 18 months.

The Economic Times

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Chinese social media firm Xiaohongshu taps Goldman, CICC to work on Hong Kong IPO

Chinese social media platform Xiaohongshu is preparing for a potential Hong Kong initial public offering. Banks including Goldman Sachs and CICC are reportedly working on the deal. The company, also known as RedNote, could list as early as the second half of this year. This move follows a previous attempt…

The Economic Times

UP BEd JEE result 2026 out at bujhansi.ac.in: Direct link, toppers list, rank card and counselling details here

UP BEd Results 2026: Bundelkhand University has released the UP BEd JEE Result 2026 today, June 16. Teaching aspirants can now download their scorecards and rank cards from the official website. Aligarh's Vandana Singh secured the state's top rank with a score of 359.32 out of 400. The result paves…

The Economic Times

Direct AC buses could connect Delhi with Jewar airport soon

Delhi is set to launch a direct air-conditioned bus service to Noida International Airport. This initiative aims to improve public transport and airport connectivity. The Delhi Transport Corporation is planning several new interstate routes. The Centre is also developing road projects to enhance access to the airport.

The Economic Times

Infrastructure Investment Trusts distribute Rs 22,800cr in FY26 to unitholders

Infrastructure Investment Trusts distributed nearly Rs 22,800 crore to unitholders last fiscal. Assets Under Management grew to Rs 7.1 lakh crore. The unitholder base saw a 64 percent increase. This indicates growing investor confidence in InvITs as a stable income source. InvITs also raised significant funds through equity, further strengthening…

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The Economic Times

Delhi's double-decker tourist bus crosses 1,500 riders mark; summer discount boosts footfall

Delhi's electric double-decker tourist bus has welcomed over 1,500 passengers. Ticket prices have been lowered for the summer season to attract more visitors. The service, launched in February, offers curated tours of the city's landmarks. Weekend tours, including the Change of Guard ceremony, remain popular. This initiative marks the return…

The Economic Times

Centre debunks claims of civil services prelims exam question paper leak

The Centre has dismissed social media claims of a leaked UPSC Civil Services prelims exam paper as fake. The Press Information Bureau's Fact Check wing stated these allegations are untrue. An institute clarified that its early publish dates for answer keys were for organisational purposes, not evidence of a leak.

The Economic Times

EU clears significant hurdle in negotiations for a groundbreaking US tariff deal, paving the way for future trade

The European Parliament gave a final sign off on Tuesday to a tariff deal with the United States as the EU seeks to close a volatile chapter of transatlantic trade relations. Another "safety net" measure gives the European Commission, in charge of EU trade policy, the power to suspend the…

The Economic Times

Oliver Tree Helicopter crash: When the US singer revealed he was exploring polyamory and dating multiple partners

Oliver Tree death crash: Alt-pop musician Oliver Tree reportedly died in a helicopter crash. Fans are revisiting his interviews. Tree spoke about exploring polyamory. His lifestyle and constant travel influenced his relationship choices. He was also linked to Melanie Martinez. Tree's unconventional upbringing shaped his artistic style. He leaves behind…

The Economic Times

NCERT to bring back 4000-year-old Mohenjo-daro ‘Dancing Girl’ image in Class 9 textbook after altered version draws attention

NCERT has decided to restore the original image of the iconic ‘Dancing Girl’ of Mohenjo-daro in its Class 9 arts education textbook after reports highlighted that the figurine's bare torso had been visually covered in a newly published edition. The decision follows a review by the Department of Arts Education…

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…

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