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The Latest Breaking News from The Economic Times

How spouses and children can move to Germany through family reunification visa

Germany offers a family reunification visa for spouses, partners, and dependent children. This visa allows them to join family members legally residing in Germany. Applicants need specific documents, including language certificates. Citizens from certain countries can bypass the entry visa and apply for a residence permit directly upon arrival. This…

The Economic Times

Vigilance conducts statewide inspections of ration shops, NFSA godowns in Kerala

Kerala Vigilance and Anti-Corruption Bureau launched 'Operation Bhakshya Suraksha'. Surprise inspections targeted NFSA godowns and ration shops statewide. The drive aimed to uncover corruption and irregularities in the Public Distribution System. Allegations included food grain diversion, stock manipulation, and illegal sales. The inspections sought to verify these serious claims and…

The Economic Times

US–Iran peace deal to reopen Strait of Hormuz brings relief to trade: EEPC

This development is expected to significantly boost global trade, particularly for India, by easing logistics disruptions and costs for energy imports and engineering exports to the WANA region.

The Economic Times

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Indian pharma leaving generics era behind, but the Street hasn't caught up yet: Nandan Kulkarni

Indian pharma is shifting from generics to innovation. This transformation, extending to 2035, is creating significant new opportunities. Companies are investing in advanced research and development. Global regulatory changes favor Indian players. The market is not yet fully recognizing this innovation pivot and the quality of talent driving it. GLP-1…

The Economic Times

G7 leaders open summit talks on Ukraine and the Middle East as Zelenskyy joins in France

Leaders at the G7 summit face a packed agenda. Discussions will focus on ending Russia's war in Ukraine and addressing the Middle East crisis. Ukrainian President Volodymyr Zelenskyy will attend. The summit also addresses the recent US agreement to end the conflict with Iran. Leaders aim for progress on these…

The Economic Times

Fiscal stress deepens across states as all 28 post deficits in FY25: CAG report

India's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liabilities rising to Rs 90.51 lakh crore as of March 31, 2025, according to the Comptroller and Auditor General's (CAG) report State Finances 2024-25 released on Monday.

The Economic Times

Tata Motors PV eyes industry-leading FY27 growth as new launches, EV momentum fuel optimism

Tata Motors Passenger Vehicles anticipates strong growth in fiscal 2027. The company plans new product launches and a multi-powertrain strategy. Collaboration with Jaguar Land Rover will enhance scale and efficiency. Tata Motors aims for industry-leading growth, focusing on safety, sustainability, and customer satisfaction. JLR will sharpen its luxury positioning and…

The Economic Times

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Iran FM says ending war including in Lebanon 'most important issue' in US deal

Iran's Foreign Minister Abbas Araghchi said on Tuesday that ending the war on all fronts, including Lebanon, was "the most important" issue in the peace deal with the United States announced the day before. "This is perhaps the most important issue in the memorandum -- the declaration of an immediate…

The Economic Times

Sarvam: When US slams the door, India begins to find its own opening

Sarvam AI’s rise to a $1.5 billion valuation after raising $234 million marks a major milestone for India’s push toward AI sovereignty. The funding comes shortly after the U.S. restricted foreign access to some of Anthropic’s most advanced AI models, highlighting the risks of relying on foreign-controlled AI technologies.

The Economic Times

NEET-UG 2026 re-exam: Indian Army helicopter transports question papers to Tirunelveli amid tight security

The NEET examination held last month was cancelled following allegations of question paper leakage, after which authorities announced that the re-examination would be conducted on June 21.

The Economic Times

12 years of govt: Share of services sector in total exports jumps to 49% in FY26

India's services exports saw a substantial rise, increasing their share in total exports. This growth was fueled by the IT sector and digital services. Software services led the expansion. Overall exports also grew considerably. The government implemented measures to boost trade facilitation over the past twelve years.

The Economic Times

Explained: Why Japan's Nikkei soared to lifetime high even after BOJ hiked interest rates to 31-year high

Japan's Nikkei index surged past 70,000 for the first time as the Bank of Japan raised its short-term policy rate to 1%, the highest in 31 years. The central bank's gradual tightening, coupled with diminished Middle East conflict risks, supported equities. Simultaneously, an Iran-US peace deal boosted sentiment, leading to…

The Economic Times

Vedanta to be removed from MSCI Global Standard Indexes from June 22

Vedanta shares will be removed from MSCI Global Standard Indexes from June 22. This follows the company's mega demerger into five separate listed entities. The residual Vedanta now has a smaller market capitalization. The demerger was completed on Monday with four new businesses debuting on the stock market. This index…

The Economic Times

Japan undecided on sending military to the Strait of Hormuz

Japan said Tuesday it has not yet decided whether its military will join efforts to help the resumption of shipping through the Strait of Hormuz after the US-Iran peace deal. Japan signed onto a joint statement issued Monday by European nations that they were ready for a "defensive and independent…

The Economic Times

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The Economic Times

NSE listing moves closer, likely to file IPO DRHP by Friday: Source

The long-awaited NSE IPO could move a step closer this week, with the exchange expected to file its draft papers with Sebi by Friday. Valued at nearly Rs 5 lakh crore in the unlisted market, the proposed Rs 20,000-crore offer-for-sale could become one of India’s biggest listings.

The Economic Times

Tata Motors flags 'challenging & volatile' outlook for Jaguar Land Rover

Tata Motors Passenger Vehicles Limited saw record domestic sales in FY26. However, Jaguar Land Rover faced challenges impacting overall performance. The company plans significant investments in its PV and EV businesses. New electric models are set to launch by FY30. A dividend has been recommended for shareholders.

The Economic Times

The Next Frontier: LG's future is not just the TV and fridge in your home

LG Electronics is accelerating its transformation: LG Electronics is transforming from a home appliance maker to a technology powerhouse. The company is expanding into recurring services and business-to-business solutions. LG is also investing heavily in AI infrastructure and robotics. This strategic shift aims to build stable, high-margin businesses. The vision…

The Economic Times

Qatar plans to rapidly restart LNG production after Hormuz opens

Qatar plans to quickly ramp up liquefied natural gas production to nearly full capacity within two months of the Strait of Hormuz reopening. QatarEnergy expects to reach 50% output a month after safe passage is restored, with the remaining capacity to take years to fully recover from recent damage.

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The Economic Times

CM DK Shivakumar hails Karnataka's dynamic economy; state registers 9.5% export growth in FY 2025-26

Karnataka's economy is booming. Exports grew by 9.5 percent in the financial year 2025-26, reaching almost ₹19.7 lakh crore. The state leads in software and services exports. Chief Minister DK Shivakumar also assured that welfare schemes will continue with enhanced verification to prevent misuse. These benefits are exclusively for Karnataka…

The Economic Times

Gold rate today (June 16, 2026): Check 24k, 22k and 18k gold jewellery prices from Joyalukkas, Malabar Gold and Diamonds, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & other cities

Gold rate today: Gold prices saw a slight dip across major Indian cities on Tuesday, June 16, 2026, with leading retailers like Tanishq and Malabar Gold & Diamonds reporting marginal declines. This follows a cautious market sentiment influenced by geopolitical developments and potential shifts in US interest rates, as indicated…

The Economic Times

Noida airport gets round-the-clock cabs, fares range from Rs 1k to Rs 3k

Noida International Airport passengers found taxis to be a dependable transport option. Several cab aggregators like Uber, Ola, and Rapido offered services with introductory discounts. Premium cab operators also provided chauffeur-driven options. UPSRTC buses are also serving the airport, though with a shuttle requirement. These services ensured smooth connectivity for…

The Economic Times

European shares inch up as investors assess US-Iran agreement

European stock markets enjoyed a positive start on Tuesday, a continuation of Monday's upward momentum. Investors are particularly attentive to the early stages of a possible agreement between the U.S. and Iran, as this could lead to the reopening of the Strait of Hormuz, affecting oil supply dynamics. With a…

The Economic Times

Euro zone bond yields steady near two-week low after Middle East peace deal

Euro zone bond yields stabilized after a recent dip. A US-Iran deal to reopen the Strait of Hormuz is easing energy supply concerns. This development is reducing inflation worries and slowing growth fears. Expectations for further interest rate hikes by major central banks, including the European Central Bank, have been…

The Economic Times

Global Market | European shares inch up as investors assess US-Iran agreement

European stock exchanges kicked off the day with a bullish trend on Tuesday, riding the wave of Monday's upward momentum. Market participants are closely tracking a preliminary deal between the U.S. and Iran, which could initiate oil flow through the vital Strait of Hormuz once again. With oil prices potentially…

The Economic Times

False propaganda, person in video not me: Bhagwant Mann on Akal Takht edict against him

Punjab Chief Minister Bhagwant Mann has rejected an edict from Sikh clergy labeling him anti-Guru. Mann states the controversial video circulating does not feature him, attributing the accusations to political motives. He asserts his commitment to Sikhism and the Akal Takht, questioning the impartiality of religious appointments. The clergy maintains…

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