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The Latest Breaking News from The Economic Times

Turtlemint Fintech sets IPO price band at Rs 144-152 for Rs 883 crore offer. Know GMP, other key details

Insurtech firm Turtlemint Fintech Solutions is launching its Rs 883 crore IPO on June 19, with a price band of Rs 144-152 per share. The issue includes a fresh issue and an offer-for-sale, with proceeds aimed at infrastructure, technology development, and marketing. The company, founded in 2015, simplifies insurance policy…

The Economic Times

Lok Sabha Speaker gave Abhishek Banerjee 2-hour notice during ED questioning: Sources

Lok Sabha Speaker Om Birla will hear both sides of the Trinamool Congress regarding a rebel faction's merger request. This comes amid a standoff over a summons issued to Abhishek Banerjee. Banerjee was unable to attend a meeting due to an Enforcement Directorate interrogation. The Speaker will decide on the…

The Economic Times

Peak XV-backed HomeLane plans India IPO within two years to fuel expansion

HomeLane, an Indian home interiors platform, is planning an IPO within 12 to 24 months to fund expansion into new cities and adjacent furnishing categories. The company aims for profitability, projecting significant revenue growth by fiscal 2031, and is investing in AI to enhance design efficiency and reduce costs.

The Economic Times

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India launches first wind turbine supply chain management portal to boost domestic manufacturing, exports

Union Minister for New and Renewable Energy Pralhad Joshi on Monday launched India's first dedicated Wind Turbine Supply Chain Management (WT-MARUT) Portal, aimed at strengthening the country's domestic wind manufacturing ecosystem and accelerating its clean energy ambitions.

The Economic Times

Rupee inches up, Iran deal longevity worries and hedging drag

The Indian rupee saw a modest rise against the U.S. dollar, influenced by a U.S.-Iran truce but tempered by importer hedging and skepticism about the deal's durability. While the peace agreement aims to reopen the Strait of Hormuz and lower oil prices, market participants await further details and anticipate the…

The Economic Times

Quote of the Day by Steve Harvey: ‘All men can and will change, but there's only one woman we're…’

Steve Harvey, a renowned comedian and host, has built a successful career. His quote suggests men change for one woman. This reflects his view that genuine motivation, not pressure, drives personal transformation in relationships. Meaningful connections inspire growth and maturity. Lasting change comes from within, highlighting the power of love…

The Economic Times

HDFC Bank to hit dollar bond market under new subsidised scheme: Sources

HDFC Bank plans to raise at least $500 million via dollar bonds this week, utilizing the central bank's subsidized hedging window. The five-year bond issue, with initial guidance of 5-year U.S. Treasury yield plus 120 basis points, is expected to see strong demand. Proceeds will fund foreign branches and subsidiaries,…

The Economic Times

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US Stock Market: Warsh faces key test as new Fed chair amid inflation concerns

Federal Reserve Chair Kevin Warsh faces his first major policy test as inflation remains elevated and markets await clues on future interest rates. The Fed is expected to keep rates unchanged, but investors will closely watch Warsh’s guidance, economic projections, and approach to balancing inflation control, growth concerns, and political…

The Economic Times

Suzlon Energy shares jump over 6%. Why brokerages call it India’s most investible wind energy stock?

Suzlon Energy shares rose sharply on Tuesday after the company outlined an ambitious FY31 roadmap focused on expanding beyond wind energy into a broader renewable energy platform. Brokerages including Motilal Oswal, JM Financial, Systematix and Centrum remain bullish, citing Suzlon’s market leadership, execution strength and long-term growth potential.

The Economic Times

"Not democratic": TMC's Kirti Azad slams rebel MPs for merging with 'unrecognised' NCPI

Trinamool Congress MP Kirti Azad has strongly condemned twenty rebel TMC MPs. He labelled them as traitors for joining the Nationalist Citizens Party of India. Azad questioned the legitimacy of this new political entity. He stated the TMC has informed the Lok Sabha Speaker about its stance. The party believes…

The Economic Times

Punjab Police constable recruitment exam date announced: Check vacancies, admit card update and key details

Punjab Police constable recruitment 2026: Candidates awaiting the next stage of Punjab Police's constable recruitment process now have a timeline to look forward to. In a fresh notice, Punjab Police said the Computer Based Test (CBT) for 3,298 vacancies across the District and Armed Cadres will begin from July 1,…

The Economic Times

Not child's play: Iran honours victims of Minab strikes ahead of football match

Iran is honouring students lost in a missile strike. The national football team competes as 'Minab 168' in the FIFA World Cup. They wear gold pins as a tribute. The country's foreign ministry rejects US claims about the incident. Iran's resilience is built on the memory of the departed.

The Economic Times

Vedanta Aluminium, Oil & Gas and Power shares fall up to 5% on Day 2. What should investors do?

Shares of newly demerged Vedanta entities saw a dip post-listing. Investors are now weighing long-term opportunities, with Vedanta Aluminium emerging as a clear heavyweight due to its scale and expansion plans. Analysts favour aluminium as the top growth bet, while Vedanta Oil & Gas and Power present different investment profiles.

The Economic Times

Govt ends over-the-counter sales of all 'syrups'; mandates doctor's prescription for purchase

The Union Ministry of Health and Family Welfare has mandated that all syrups, including cough syrups, are now prescription-only. This new regulation, effective Tuesday, requires consumers to present a valid doctor's prescription to purchase any syrup formulation from pharmacies. This move aims to regulate the sale of these medications.

The Economic Times

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The Economic Times

'Security like airport and a full menu': Ukrainian woman highlights surprising differences between India and European cinema halls

Ukrainian content creator Sandra On found Indian movie theaters offer a unique experience, highlighted by extensive food options and seat delivery. The most surprising element was the mandatory 15-minute intermission, even for shorter Hollywood films, a stark contrast to European cinemas.

The Economic Times

Quant Mid Cap Fund adds Adani Energy and 4 others, exits Paytm and 3 more stocks in May

Quant Mid Cap Fund, managed by Sandeep Tandon, has strategically adjusted its portfolio in May. The fund added Adani Energy and four other stocks while exiting Paytm and three other companies. This move reflects a dynamic approach to capturing growth opportunities within the mid-cap segment.

The Economic Times

Will Rs 32 lakh EPF corpus withdrawal be tax-free? Are there better options than withdrawing?

ET Wealth Reader's Query: I contributed to EPF until 2021 while working at an MNC. Since moving to a startup in 2022 that doesn’t offer PF, my EPF account has been inactive. The corpus is about Rs 32 lakh, and I’m considering withdrawing and reinvesting it. Will the withdrawal be…

The Economic Times

NBFCs, autos, and multi-decadal themes gain traction as India eyes post–West Asia stability boost: Nitin Raheja

Market participants are recalibrating India portfolios towards financials, autos, and long-term structural themes like defence and digital infrastructure as crude prices soften and West Asian tensions ease. Market expert Nitin Raheja of Julius Baer Wealth Advisors sees a cautiously optimistic outlook, with improving medium-term prospects for Indian equities despite near-term…

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The Economic Times

US Stock Market: SpaceX IPO sparks debate over index inclusion rules and investor risk

SpaceX's market debut sparks debate on how stock indexes should include mega-cap newcomers. Nasdaq added the company, while S&P 500 held back, highlighting differing approaches to growth versus conservatism. This divergence could impact investor returns as more AI giants prepare to list, raising questions about market representation and risk management.

The Economic Times

LS Speaker to decide on TMC rebel MPs after hearing both sides; meeting with Mamata Banerjee's faction

Lok Sabha Speaker Om Birla is reviewing a split within the Trinamool Congress. Twenty rebel MPs have merged with the Nationalist Citizens Party of India. The Speaker will decide after hearing both sides. The TMC has called the move misleading and undemocratic. The rebel group claims to have met the…

The Economic Times

Donald Trump likely to present FIFA World Cup trophy to winning captain

US President Donald Trump will present the World Cup trophy. FIFA has approved his participation in the ceremony. This follows his role at the Club World Cup. Officials from Mexico and Canada will also attend. Trump is expected at the World Cup final on July 19. He will join the…

The Economic Times

Telegram temporarily restricted in India ahead of NEET re-exam; NTA welcomes Centre's move

Telegram access in India is temporarily restricted until June 22, 2026, following a government crackdown on fake NEET (UG) 2026 re-examination papers and exam fraud. The National Testing Agency welcomed the Ministry of Electronics and Information Technology's action, citing the misuse of Telegram's message-editing feature to fabricate evidence of paper…

The Economic Times

DLF, Godrej Properties, and other realty stocks jump up to 13% in 3 days. Is the rally sustainable?

Real estate stocks have surged nearly 9% in three days, with some analysts citing attractive valuations after a prolonged correction. This rebound is driven by stable operational performance and positive pre-sales guidance, though some advise caution, emphasizing quality-led trades over broad sector bets.

The Economic Times

Nepal's foreign minister visits China after calling on regional rival India

Nepal's Foreign Minister Shisir Khanal met China's top diplomat following a recent visit to India, presenting a challenge for Beijing's regional diplomacy. Analysts suggest Nepal's ties with India offer leverage, forcing China to prove its value amidst stalled infrastructure projects and corruption concerns surrounding Chinese-funded initiatives.

The Economic Times

Canada asks some newly approved citizens to return citizenship certificates

Canadian immigration authorities are re-examining citizenship-by-descent applications, prompting some recently approved citizens to return their certificates. Concerns over documentation and proof of lineage have led to renewed scrutiny, though applicants can submit additional evidence to support their claims.

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