The Economic Times
Elections 2026Company / The Economic Times
The Assam council of ministers will see an expansion on June 5. This comes nearly a month after the election results were declared. Chief Minister Himanta Biswa Sarma and four other ministers took their oath on May 12. The expansion was delayed due to numerous claimants for ministerial berths.
Adani Group chairman Gautam Adani announced the company's focus has shifted from funding to project execution. Significant investments are planned across airports, energy, data centres, and logistics. The group anticipates strong demand driven by infrastructure needs and artificial intelligence. Legal matters are now behind them, allowing for a concentrated push on growth and asset building.
An intruder from Pakistan-occupied Jammu and Kashmir was apprehended by the Army along the Line of Control in Uri sector. The 22-year-old, identified as Zeeshan Mir, was attempting to cross into India to meet his girlfriend. In a separate incident, two individuals from Sopore and their guide were apprehended while trying to exfiltrate.
Myanmar President Min Aung Hlaing's visit to India presents a significant opportunity for New Delhi. India aims to secure rare earth minerals from Myanmar, a resource currently dominated by China. Discussions will focus on harnessing these valuable elements. Bilateral trade is also expanding, with potential for increased Indian exports to Myanmar.
General Raja Subramani assumed charge as the new Chief of Defence Staff, vowing to expedite the integration of indigenous weapon systems. He emphasized increased collaboration with industry, startups, and research bodies as crucial for modernizing the armed forces and fostering innovation.
Nepal PM Balen Shah stated that the Nepal-India border dispute, including the Lipulekh, Limpiyadhura, and Kalapani areas, will be resolved through diplomatic discussions. He acknowledged that Nepal has also encroached on Indian land, emphasizing the need for both sides to address the legacy issue. Meanwhile, Nepal's Rastriya Swantantra Party chair is visiting New Delhi to meet with Indian leaders.
The PM-SVANidhi scheme has significantly boosted street vendor incomes by 20%. Digital transactions by vendors have nearly doubled, reaching over 83%. The scheme provides collateral-free loans, with 1.05 crore loans disbursed. Defaults are low, and many vendors are now accessing loans from other banks, building a permanent credit history. The scheme aims to disburse 1.5 crore loans.
The Central Industrial Security Force (CISF) will now secure the NATGRID campus in Bengaluru, with the Ministry of Home Affairs sanctioning 76 posts for the critical national security infrastructure. This move follows the CISF's existing security provision for NATGRID's Delhi headquarters, reinforcing protection against potential threats.
Ethical hackers and students have raised concerns about the CBSE's On Screen Marking system, alleging unauthenticated public access to scanned answer sheets due to improper AWS bucket configuration. The Board claims identified vulnerabilities have been contained, while the Congress party criticizes the system as a 'massive data leak' risking student privacy.
India's Comprehensive Economic Partnership Agreement with Oman comes into effect on June 1, granting New Delhi 100% duty-free access for 98.08% of tariff lines, covering 99.38% of export value. This pact significantly boosts Indian exports across various sectors and enhances mobility for professionals, while also making certain Omani products cheaper for Indian consumers.
Beloved singer Suman Kalyanpur, whose enchanting voice echoed through the 1960s and 1970s, has passed away at the age of 89. She slipped away quietly in her home on Sunday evening, succumbing to age-related ailments. A true legend, she captivated audiences with her multilingual songs and shared the stage with icons like Lata Mangeshkar.
China's manufacturing activity slowed in May, with the official factory PMI slipping to 50 from 50.3 in April, as a five-day holiday disruption and pressures from weaker global demand and rising input costs weighed on production. The reading matched the threshold between expansion and contraction and came in line with economists' expectations.
The Indian government is scrutinizing over 500 imported products, including machinery, fertilizers, and electronics, to identify opportunities for domestic manufacturing and reduce reliance on foreign supply chains. This initiative aims to curb the country's import bill and bolster supply resilience, with a focus on sectors like electronics and chemicals where import dependence is high but export potential is also significant.
Royal Challengers Bengaluru secured the IPL 2026 title. A crucial moment involved Virat Kohli surviving a diving catch by Shubman Gill. The third umpire ruled the catch not out. Kohli went on to score an unbeaten 75. This innings powered RCB to a five-wicket victory. Gujarat Titans were left stunned by the decision. RCB claimed their second consecutive IPL crown.
The rift stems from the Income-tax department's demand that deeds of these religious and charitable trusts must categorically state that the trusts are 'irrevocable'.
This Spanish proverb is ultimately optimistic. It does not discourage ambition; instead, it encourages thoughtful and informed ambition. Its message is that success is not reserved for a fortunate few. Rather, it belongs to those who are willing to embrace the responsibilities, challenges and personal growth that come with achievement.
Five patients have recovered from the rare Bundibugyo strain of Ebola in eastern Congo, offering hope amid an outbreak that has infected 134 people and caused 18 confirmed deaths in Congo and neighbouring Uganda, according to the World Health Organization. WHO chief Tedros Adhanom Ghebreyesus announced the recoveries during the opening of a new treatment centre in Bunia.
Phil Salt and Venkatesh Iyer have achieved an unprecedented feat in the IPL. They have won three consecutive titles. Their journey began with Kolkata Knight Riders in 2024. They then moved to Royal Challengers Bengaluru. They secured titles in 2025 and 2026. This remarkable streak highlights their impact on championship-winning teams. They are now considered IPL's lucky charms.
June 1 marks significant historical moments. From Genghis Khan's capture of Peking in 1215 to the birth of Marilyn Monroe and the launch of CNN, this date holds global importance. Major political shifts, scientific breakthroughs, and cultural milestones occurred. Notable events include the coronation of Anne Boleyn and the release of The Beatles' Sgt. Pepper's album.
At the Shangri-La defence conference in Singapore, allies of the United States urged greater unity in the face of growing global security threats, warning that divisions among partners could weaken deterrence. Shinjiro Koizumi said cooperation between the US, Europe and like-minded nations must be strengthened as regional and global challenges become increasingly interconnected.
Iran's IRGC reports 28 ships transited the Strait of Hormuz under its security. The IRGC states the Persian Gulf's insecurity stems from US actions. Iran recently launched a new body to manage maritime traffic in the strait. The US has imposed sanctions on this body, accusing Iran of extortion.
Dua Lipa walked hand in hand with Callum Turner, who wore a navy suit and tie.singer walked hand in hand with Turner, who wore a navy suit and tie.
Muhammad Ali Quote of the Day: Boxing legend Muhammad Ali's famous quote, To be a great champion you must believe you are the best. If you're not, pretend you are, highlights the importance of self-belief, confidence and mental strength in achieving success. The quote continues to inspire athletes, students, entrepreneurs and leaders to trust their abilities and pursue their goals with determination.
Pop star Dua Lipa and actor Callum Turner are reportedly married. Unconfirmed images of a private ceremony in London are circulating online. The couple publicly announced their engagement in June 2025. At the time, they stated no immediate wedding plans were in place due to professional commitments. Lipa last performed in India in November 2024.
Myanmar President U Min Aung Hlaing met with National Security Advisor Ajit Doval in New Delhi. Earlier, External Affairs Minister S Jaishankar also met the President. Hlaing's visit to India, which included a stop in Bodh Gaya, aims to strengthen bilateral ties. The meetings underscore India's commitment to advancing cooperation with Myanmar.
Inspirational Quote of the day: Chuck Norris, the martial arts champion and actor, shares a powerful message about not giving up. His words highlight that success often comes from continuous effort, not just talent. Challenges are normal parts of any journey. Persistence builds skills and resilience.
Psychology suggests that people who struggle to make decisions are not necessarily confused or incapable. More often, they find themselves caught between perfectionism, fear of making the wrong choice, analysis paralysis and the sheer volume of options available in modern life.
A senior Home Department official stated that 965 Bangladeshi nationals were arrested in 2022, followed by 1,014 in 2023; 947 in 2024; and 537 in 2025.
Traders' body CAIT seeks simpler GST rules. Tax collections have surged since 2017, but ground-level compliance remains difficult. More simplification will bring more businesses into the formal economy. This boosts government revenue and improves the economy. Reducing paperwork benefits trade and consumers. CAIT advocates for trader-friendly administrative practices.
The day after the tragic incident, many aspirants described scenes of panic, dust, and devastation that disrupted months of intense preparation.
Bihar Chief Minister Samrat Choudhary launched 84 development projects worth Rs 203 crore in Bhagalpur. He directed officials to speed up the restoration of the damaged Vikramshila Setu, aiming for vehicular movement to resume by November 30. No toll will be collected for two and four-wheelers until normal traffic resumes.
According to a statement issued by the Iranian state media, Islamic Republic of Iran Broadcasting (IRIB) on Ghalibaf's remarks, the Speaker emphasised the importance of translating military achievements into political and legal gains, referring to Tehran's military resilience against the US-Israel coalition force during the period of the continued conflict.
A homeopathy physician suggests traditional Indian breakfasts like idli and dosa may not be ideal for sedentary individuals. He advocates for high-protein, moderate-fat, high-fiber, and low-carb meals to improve blood sugar and aid fat loss. The doctor also clarified that fruits can be safely consumed with meals and milk.
US Under Secretary of State for Public Diplomacy Sarah B Rogers also advocated the use of new technology in the adventure and mountaineering sector while speaking at Ascent Summit 2026.
Health experts warn that facial puffiness and belly fat, particularly visceral fat, are serious health indicators. Dr. Sayajirao Gaikwad emphasizes that reducing this deep abdominal fat significantly lowers the risk of heart disease, type 2 diabetes, and other metabolic disorders. Practical lifestyle changes like moderate calorie deficits, high-protein meals, and daily movement are recommended for long-term health benefits.
The Kerala government is gearing up to confront the pressing challenge of severe waterlogging affecting Thiruvananthapuram. Minister Mons Joseph highlighted that priority will be given to critical zones like Thampanoor and Chakka. An irrigation department report is on the horizon to inform the response.
Delhi recorded significantly lower temperatures on Sunday. Rainfall and thunderstorms brought relief from the heat. This weather activity was caused by a western disturbance. The Air Quality Index remained satisfactory. Light rain or thunderstorms are forecast for Monday. Temperatures are expected to rise gradually afterwards. No heatwave conditions are anticipated for the first week of June.
During the trials, the 53 kg division attracted a lot of eyeballs and emerged as the biggest highlight of the day as Meenakshi defeated Vinesh 6-4 in the semifinals in the biggest upset of the day, but later Antim Panghal edged past Meenakshi 3-2 in the final.
Taarak Mehta Ka Ooltah Chashmah, a long-running Indian sitcom, achieved a significant milestone by ranking as the second most-watched OTT property in India for the week of May 18-24, 2026. The show garnered 4.2 million viewers, surpassing major streaming releases and demonstrating its enduring relatability and family-friendly appeal nearly two decades after its debut.
Israeli forces are conducting their deepest incursion into Lebanon in over 25 years. This is happening despite a U.S.-brokered ceasefire and initial direct talks between the nations. Israel is targeting Hezbollah, an Iranian-backed militant group. Lebanon accuses Israel of widespread destruction. Over 3,300 people have been killed in Lebanon since fighting began.
A powerful blast in Myanmar's Kaungtup village has claimed over 45 lives. The explosion occurred at a building reportedly storing mining explosives. Around 70 others sustained injuries. The incident took place near the Chinese border in an area controlled by the Ta'ang National Liberation Army.
This Japanese proverb, If the fish is kind to the water, the water is kind to the fish, emphasizes the importance of reciprocity in relationships. It highlights that mutual respect, kindness, and effort are the foundations for healthy friendships and connections, fostering an environment where trust and care can flourish.
Radhika Gupta, CEO of Edelweiss Mutual Fund, calls for wider career awareness in finance. She highlights that campuses overemphasize roles like equity research, while areas like risk management and sales offer significant future opportunities. Gupta advises students to consider future skill demand and lower competition. The focus should be on long-term career journeys, not just initial placements.
Prime Minister Narendra Modi's Mann Ki Baat program celebrated ordinary citizens and highlighted the return of ancient artefacts. A historic Chola-era copper plate set was brought back from the Netherlands. These artefacts offer insights into the Chola dynasty's maritime power and relations. Discoveries in Chhattisgarh also revealed ancient copper plates from the Panduvanshi dynasty. These finds preserve India's rich heritage.
A rare Ebola outbreak is spreading rapidly in Congo and Uganda. The Bundibugyo virus has no approved treatments. Health workers face challenges due to conflict and a distrustful population. International aid is arriving, but the response struggles to keep pace with the escalating crisis. The World Health Organization has declared a public health emergency to spur action.
A five-storey commercial building near Saket Metro station in New Delhi collapsed Saturday evening, killing six people and injuring several others. Students and office workers described a sudden, deafening roar followed by a thick cloud of dust as the structure crashed down. Rescue operations continued through Sunday as survivors recounted the terrifying moments of panic and desperate escape.

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