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Top News / The Economic Times

Elon Musk, Indonesian health minister, launch Starlink for health sector

Musk, the billionaire head of SpaceX and Tesla, arrived on the Indonesian resort island of Bali by private jet before attending the launch ceremony at a community health centre in the provincial capital, Denpasar.

19 May 2024 4:17 pm
Apple set to release slimmer iPhone in 2025, the Information reports

The potential thinner version is likely to be priced higher than Apple's iPhone Pro Max, and is expected to be launched with the iPhone 17 in September 2025, the report said.

19 May 2024 4:15 pm
UK's competition watchdog rejects probe into Microsoft-Mistral AI tie-up

In February, Microsoft invested $16 million in Mistral AI, partnering to make the French start-up's artificial intelligence models available through its Azure platform. It has also invested in ChatGPT owner OpenAI.

19 May 2024 4:08 pm
AI deepfake Putin film sells big at Cannes

When Russian President Vladimir Putin was unavailable to star in his biopic, Polish director Patryk Vega turned to artificial intelligence. Vega -- a 47-year-old director, who has made several hit Polish films -- used AI to generate just the face, since he lacked enough high-resolution images for a full-body deepfake.

19 May 2024 4:03 pm
Microsoft offers cloud customers AMD alternative to Nvidia AI processors

Microsoft's clusters of Advanced Micro Devices' flagship MI300X AI chips will be sold through its Azure cloud computing service. They will give its customers an alternative to Nvidia's H100 family of powerful graphics processing units (GPUs) which dominate the data center chip market for AI but can be hard to obtain due to high demand.

19 May 2024 4:01 pm
Rohit Sharma criticizes Star Sports for airing his private conversation

Indian cricket team captain Rohit Sharma criticized Star Sports for broadcasting a private conversation between him and Kolkata Knight Riders assistant coach Abhishek Nayar. The conversation, which went viral, showed Rohit contemplating his future with the Mumbai Indians. Rohit expressed concerns that the pursuit of exclusive content could damage the trust between fans, cricketers, and the sport.

19 May 2024 4:00 pm
Unconventional market signals: Unveiling special opportunities in investing for superior returns

By embracing a more nuanced approach to investing and staying vigilant for special situations, retail investors can position themselves to capitalize on opportunities that often get overlooked. By understanding and capitalizing on special opportunities such as demergers or spinoffs, holding company discounts, and promoter buying, investors can generate superior returns as these strategies have a positive historical track record.

19 May 2024 3:56 pm
Bifurcation blues: 10 years later, several issues remain unresolved between AP, Telangana

After a decade, Andhra Pradesh and Telangana still face unresolved issues post-bifurcation, including asset division and power bill dues. Hyderabad's transition to Telangana on June 2 as per the AP Reorganisation Act 2014 remains complex. Challenges persist in dividing Schedule 9 and Schedule 10 institutions, influenced by the Sheela Bhide panel's recommendations and disputes over employee transfers.

19 May 2024 3:48 pm
Laapaata Ladies celebrates the deep-fried joys of bread pakoras

'Laapataa Ladies' is a film that captures the chaos and calm of train stations, where the story of brides switching places unfolds amidst the hustle of travel. The film paints a vivid picture of train station life, from the bustling crowds as trains arrive to the quiet moments once they depart. Amidst this backdrop, the aroma and allure of bread pakoras, a common street-food snack, stand out. These triangular delights, filled with spicy potato mix and deep-fried, are a staple at Indian train sta

19 May 2024 3:43 pm
Slovak PM's life no longer in danger

Slovak Prime Minister Robert Fico's life is no longer in danger following an assassination attempt, Deputy Prime Minister Robert Kalinak said on Sunday.Fico has been in hospital since Wednesday when a lone gunman shot him four times, including in the abdomen.He has emerged from the immediate threat to his life, but his condition remains serious and he requires intensive care, Kalinak, Fico's closest political ally, told reporters.The Slovak premier underwent a five-hour surgery on Wednesday and

19 May 2024 3:41 pm
JK terror attacks: Security forces given free hand to bring perpetrators to justice, says LG Manoj Sinha

Jammu and Kashmir Lieutenant Governor Manoj Sinha condemned recent terrorist attacks in Shopian and Pahalgam. On Saturday night, terrorists killed former sarpanch Aijaz Ahmad Sheikh in Shopian and injured a tourist couple from Rajasthan in Anantnag. Sinha expressed shock over the incidents, praised Sheikh's service, and extended condolences to his family.

19 May 2024 3:40 pm
Yemen's Houthi rebels launch a missile that strikes an oil tanker in the Red Sea, US military says

Yemen's Houthi rebels targeted the Panama-flagged, Greek-owned oil tanker in the Red Sea amid conflicts over the Israel-Hamas war. They disrupted trade routes to China and Russia, causing a fire aboard the Wind. The rebels faced a US-led airstrike campaign in Yemen's Marib province.

19 May 2024 3:37 pm
Lucknow Dry Days: Liquor shops to stay shut in Lucknow for three days

Ahead of the fifth phase of Lok Sabha elections on May 20, Lucknow and neighboring areas will enforce dry days from May 18 to May 20, as per the Election Commission of India's directive. This measure aims to maintain public order during polling. Similar dry days are scheduled in other regions, including Gurugram, Delhi NCR, and Kolkata. The fifth phase includes 49 constituencies across multiple states, with 695 candidates vying for seats.

19 May 2024 3:27 pm
FPIs aggressively selling India stocks, offloaded over Rs 28,000 crore with 10 days to go in May

The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties.

19 May 2024 3:15 pm
SC to hear plea against new criminal laws on Monday

These new laws -- the Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Act -- will replace the Indian Penal Code (IPC), the Code of Criminal Procedure (CrPC) and the Indian Evidence Act respectively. The Lok Sabha, on December 21 last year, passed three key legislations -- the Bharatiya Nyaya (Second) Sanhita, the Bharatiya Nagarik Suraksha (Second) Sanhita and the Bharatiya Sakshya (Second) Bill. President Droupadi Murmu gave her assent to the bills on D

19 May 2024 3:11 pm
PM Modi renews wealth charge against Congress, says INDIA partners out to steal public wealth

Prime Minister Narendra Modi criticized the Congress and its ally Jharkhand Mukti Morcha (JMM), claiming they lack knowledge about development and aim to steal public wealth. At a rally in Jamshedpur, he accused them of spreading lies, stealing assets under the guise of wealth redistribution, and undermining reservations for SCs, STs, and OBCs. Modi also highlighted a cash recovery linked to a Congress leader as evidence of corruption.

19 May 2024 3:11 pm
PM Modi's guarantees ot delivered, 83 per cent youths jobless in country: TMC

Amit Mitra criticized PM Narendra Modi for unmet guarantees, emphasizing 83% youth unemployment. He also mentioned the TMC's alliance with INDIA and criticized the NDA's Skill India program, highlighting low vocational training rates.

19 May 2024 3:06 pm
Kalyan Lok Sabha Elections 2024: Voting on May 5th; key candidates and other important details

The Election Commission of India announced the 2024 Lok Sabha election voting dates. Kalyan Lok Sabha Elections 2024 on May 5th includes top candidates Srikant Eknath Shinde and Vaishali Darekar Rane, with the results to be declared on June 4 by Shiv Sena.

19 May 2024 3:05 pm
Is the stock market closed tomorrow for Mumbai elections?

Equity markets will be closed for Mumbai elections. Special trading session on March 2, 2024. Nifty 50 and BSE Sensex performance. Top gainers and losers. The Multi-Commodity Exchange (MCX) will remain closed for the morning session but will be open for the evening session. Apart from Mumbai Elections (May 20), in 2024, the markets will be shut for Bakri Id (June 17), Muharram (July 17), Independence Day (August 15), Mahatma Gandhi (October 2), Diwali (November 1), Gurunanak Jayanti (November 15

19 May 2024 3:04 pm
Janhvi Kapoor felt 'sexualized' by media as a 12-year-old: Actress reveals she discovered her pictures on adult websites

Janhvi Kapoor, preparing for her role in 'Mr and Mrs Mahi,' recently spoke about facing media objectification from a young age in a conversation with Rajkummar Rao and Karan Johar on Dharma Productions' YouTube channel. She shared how she felt sexualized at 12-13 years old, describing it as a challenging experience to navigate. Additionally, Janhvi discussed her rigorous preparation for the film, which includes six months of cricket training.

19 May 2024 2:55 pm
High airfares remain a challenge, says Thomas Cook India's Madhavan Menon

Thomas Cook India's Executive Chairman Madhavan Menon highlighted high airfares and limited airline capacity as significant challenges affecting both leisure and business travelers in India. Despite an increase in scheduled flights, the demand-supply constraints are expected to ease only in the long term with the introduction of new aircraft. Menon outlined the company's plans to expand its physical network through owned and franchise outlets and enhance its digital presence.

19 May 2024 2:54 pm
Iran confirms indirect talks with United States

Iran and the United States engage in indirect talks in Oman to address regional tensions and attacks, involving discussions on curbing Tehran's nuclear programme, prisoner swaps, and releasing frozen funds.

19 May 2024 2:45 pm
Ayushmann Khurrana encourages youth to vote in Lok Sabha polls

Ayushmann Khurrana, who enjoys significant popularity among the youth, took to X (formerly known as Twitter) to appeal to the voters of Maharashtra, urging them to exercise their voting rights as the state heads to the polls on Monday, May 20.

19 May 2024 2:41 pm
BJP criticizes Arvind Kejriwal for silence on Swati Maliwal assault at CM residence by aide Bibhav Kumar, demands answers

BJP criticizes Arvind Kejriwal for silence on Swati Maliwal assault at CM residence by aide Bibhav Kumar, demands answers and CCTV footage release during protest near BJP headquarters, spokesperson Shehzad Poonawalla questions involvement and evidence tampering.

19 May 2024 2:34 pm
Delhi's outdoor workers, low-income households bear brunt of deadly heat

Delhi faces extreme heat due to climate change, impacting outdoor workers, low-income communities, and informal houses. Heat action plans lack adjustments like school timings, water use suspension, and power supply to health facilities. Met office issued a red alert for increased heat-related illnesses risk during elections. Delhi experienced a temperature breach of 49C during last year's heatwave.

19 May 2024 2:32 pm
Tamil Nadu rain: Flash flood at Old Courtallam falls in Tenkasi kills teenager, video of fierce flow of water goes viral with 1 crore views

In a tragic incident at Old Courtallam Falls in Tenkasi district, Tamil Nadu, a 17-year-old boy lost his life to a flash flood triggered by heavy rainfall. Identified as Ashwin, he was swept away while bathing. Authorities, including the district collector and police, conducted a rescue operation, recovering Ashwin's body. In response, authorities have banned bathing at falls in the district. Meanwhile, heavy rainfall alerts continue across Tamil Nadu until May 22.

19 May 2024 2:26 pm
This whole election is between 'Ram Bhakt' and 'Ram Drohi'...: UP CM Yogi Adityanath

Hailing the leadership of Prime Minister Narendra Modi, Chief Minister Yogi Adityanath said that development is happening at a huge pace in Azamgarh. We are working to boost manufacturing here so that people don't have to go anywhere for employment but can find jobs here only, he added.

19 May 2024 2:24 pm
DLF rental arm DCCDL's office rental income rises 7% to Rs 3,460 cr in FY24

DLF's joint venture with DCCDL saw a 7% rise in rental income from office buildings to Rs 3,460 crore in the last fiscal, driven by rent appreciation and asset portfolio expansion. The rental business, holding a majority stake, demonstrated healthy occupancy levels and low vacancies. With sustained growth in rentals and service income, DCCDL reported a 9% increase in consolidated revenue and an 18% rise in net profit.

19 May 2024 2:15 pm
SC notice to Delhi government on Sukesh Chandrasekhar's plea to be shifted from Mandoli jail

Senior advocate Paramjeet Singh Patwalia, appearing for Chandrasekhar, submitted that the petitioner has been put under surveillance with two cameras in order to pressure him to withdraw his complaints. The lawyer told the court that Delhi Lieutenant Governor VK Saxena has recommended a probe by the Central Bureau of Investigation (CBI) against former minister Satyendra Jain on Chandrasekhar's complaint.

19 May 2024 2:13 pm
Mumbai's Mithi river woes: Unkept promises lie buried under poll noise

Mumbai's recent dust storm and subsequent rainfall brought relief but also havoc to homes along the Mithi riverbanks, reminding residents of impending monsoon woes and unmet election promises. Despite hefty investments in the Mithi River rejuvenation project, flooding persists, with corporators and activists criticizing authorities for ineffective flood prevention measures. Memories of the 2005 deluge haunt neighbourhoods like Kranti Nagar and Sandesh Nagar in Kurla, underscoring the urgency of

19 May 2024 2:13 pm
Larger participation of people answer to 'betrayal of Aug 2019': Omar Abdullah on Article 370 abrogation

National Conference leader Omar Abdullah asserts that his party's campaign resonates with people, addressing their sense of betrayal since August 5, 2019, and unaddressed issues due to the absence of a popular government since 2018. Contesting from Baramulla, he accuses the BJP and agencies of trying to undermine the National Conference. Abdullah notes enthusiastic responses to his roadshows, especially in areas previously influenced by separatist ideology, suggesting a backlash against the gove

19 May 2024 1:46 pm
Domestic copper at lifetime highs; factors affecting the price surge

Record copper prices are driven by Chinese stimulus, mine supply concerns as well as green demand. MCX and LME futures surge. The Chinese 1 trillion yuan stimulus has boosted industrial metals demand for electric vehicles, renewable energy, and power grids. Goldman Sachs predicts major copper market deficit with US manufacturing rebound.

19 May 2024 1:44 pm
Why did Aishwarya Rai Bachchan attend Cannes despite fractured wrist? What we know about actress' upcoming surgery

Aishwarya Rai Bachchan attended the 77th Cannes Film Festival despite a recent wrist injury that required her to wear a cast. She broke her wrist over the weekend before the event but chose to uphold her Cannes tradition and fulfill her professional commitments. After consulting with medical specialists, she ensured it was safe to travel and planned to undergo surgery following her return from Cannes.

19 May 2024 1:38 pm
Lok Sabha polls: Maneka Gandhi eyes bigger victory margin in Sultanpur

Amethi and Rae Bareli are in close proximity to the district. While Rahul Gandhi is contesting from Rae Bareli this time, Gandhi family loyalist K L Sharma is pitted against Smriti Irani in Amethi. Maneka Gandhi, who had won from Sultanpur in 2019 by a margin of 14,000 votes, said, This time my victory margin will be bigger.

19 May 2024 1:36 pm
Pune Accident: 2 bike riders killed by speeding Porsche driven by builder's juvenile son; Bystanders thrash driver, video goes viral

Pune Accident (Google Trends): In a tragic Pune accident, two bike riders lost their lives when a speeding luxury Porsche, reportedly driven by the son of construction company owner Vishal Agarwal, collided with their motorcycle. The incident occurred around 3.15 am in Kalyani Nagar. A viral video showed bystanders assaulting the driver, who was later handed over to the police. Authorities are investigating the case.

19 May 2024 1:28 pm
Southwest monsoon makes onset over Nicobar Islands, says IMD

The annual rainfall phenomenon is expected to reach Kerala by May 31. The date of monsoon onset over Kerala has varied widely over the last 150 years, the earliest being May 11 in 1918, and the most delayed being June 18 in 1972, according to IMD data. The rain-bearing system arrived in the southern state on June 8 last year, May 29 in 2022, June 3 in 2021 and June 1 in 2020.

19 May 2024 1:21 pm
Rains continue to lash parts of Tamil Nadu

The Tamil Nadu State Disaster Management Authority (SDMA) has asked tourists visiting places like Udhagamanadalam (Ooty), Tenkasi, Hogenakkal (Dharmapuri dt) and others in the western ghats to follow safety instructions and precautions. The Regional Meteorological Centre here issued a ed alert for Tenkasi, Tirunelveli and Theni districts on Sunday and Monday.

19 May 2024 1:20 pm
Rahul using Maoist language, companies will think 50 times before investing in Congress-ruled states: PM

PM Modi criticized Congress and Rahul Gandhi for anti-industry language and dynastic politics. He challenged CMs of Congress-ruled states and accused the party of neglecting basic amenities in villages like the 18th century.

19 May 2024 1:17 pm
Visiting Central Delhi today? Delhi Police advise commuters to avoid these roads and metro stations

Delhi Police have heightened security around BJP headquarters ahead of an AAP protest announced by Arvind Kejriwal. AAP didn't seek permission for the demonstration. Traffic police issued an advisory, warning of heavy traffic and road closures near the BJP office. The DMRC closed ITO Metro Station nearby. Kejriwal accused PM Modi of targeting AAP leaders, vowing to protest at the BJP office. Residents adjust travel plans amid heightened security concerns.

19 May 2024 1:04 pm
In Bihar's Hajipur, it's PMs Hanuman vs Lalus Ram

Chirag Paswan's bid for the Hajipur Lok Sabha seat signifies a crucial moment as he seeks to assert his father's political legacy. Facing opposition from his uncle's faction and criticism over ticket distribution, Chirag navigates one of his toughest electoral battles yet. While he banks on NDA support and PM Modi's popularity, his opponent Tejashwi Yadav leverages his local roots and unity within the opposition. Despite challenges, Chirag remains determined, with PM Modi's recent visit undersco

19 May 2024 1:01 pm
BhikuMahtre: Who is social media user 'MumbaichaDon', allegedly arrested by Karnataka police? Why is BJP supporting him?

Karnataka Police reportedly arrested 'BhikuMahtre,' known as 'MumbaichaDon' on social media, in Goa for allegedly inciting communal discord. The arrest was prompted by accusations of sharing a distorted statement of the Karnataka Chief Minister to fuel animosity. BhikuMahtre vows to fight against what he perceives as unjust persecution, receiving support from the BJP. Allegations against him involve posting objectionable content online.

19 May 2024 12:51 pm
ITC's Sanjiv Puri assumes charge as CII President

Sanjiv Puri assumes office as President of CII for 2024-25, succeeding R Dinesh. Puri heads ITC Ltd, a conglomerate with businesses in FMCG, hotels, paperboards & packaging, agribusiness, and IT. Rajiv Memani becomes President-Designate of CII for 2024-25, Chairman of EY India. R Mukundan appointed Vice President of CII, MD & CEO of Tata Chemicals Limited.

19 May 2024 12:50 pm
Blue Origin flies thrill seekers to space after two year hiatus

Mission NS-25 is the seventh human flight for the enterprise owned and founded by Amazon billionaire Jeff Bezos, who sees short jaunts on the New Shepard suborbital vehicle as a stepping stone to greater ambitions, including the development of a full-fledged heavy rocket and lunar lander.

19 May 2024 12:47 pm
Kejriwal challenges Modi to arrest AAP leaders ahead of protest, says party will only get bigger

BJP has started 'Operation Jhaadu' so that we don't grow big and become a challenge to them. Through 'Operation Jhaadu', AAP's big leaders will be arrested, they are being arrested and in the coming days, AAP's bank accounts will be frozen, the Delhi Chief Minister said at the meeting.

19 May 2024 12:33 pm
India among world's high-growing mkts; enterprise needs, innovation great fit for us, says Red Hat CEO

Red Hat - the enterprise open-source solutions company that IBM bought in 2019 for about USD 35 billion, marking its biggest acquisition ever - is working with a great foundation base in India and is at an exciting point where the company is amplifying capabilities with technology roles.

19 May 2024 12:08 pm
Defunct iron factory linked to Dalai Lama sees renewed hope of resurrection every election season

Once a major avenue for employment in the region, the factory has been shut for the better part of four decades now. Despite this, the people of the region hold out hope that it will be returned to its former glory. These hopes are fuelled every election cycle, with promises forgotten every results day while administrative apathy pushes the people of Koderma out of the region.

19 May 2024 12:07 pm