The Economic Times

A Bengaluru engineering graduate rejected a Rs 30,000 monthly job offer to build a commercial vehicle business. Starting with one car, he now owns four, generating nearly Rs 2 lakh monthly after expenses. His story highlights the rewards of calculated risk-taking and asset building over traditional employment.

Oscar Wilde, a celebrated Irish literary icon, is remembered for his wit and sharp social commentary. His quote, Morality is simply the attitude we adopt towards people we personally dislike, critiques how moral judgments can be subjective and influenced by personal bias rather than objective principles. Wilde's words encourage questioning our own judgments and practicing empathy.

India's manufacturing sector saw its fastest growth in three months during May, fueled by robust domestic demand and a surge in new orders. Despite intense cost pressures from rising energy and material prices, factory output accelerated. While hiring continued, business optimism dipped to a four-month low, though companies remain hopeful for future easing of costs.

Delhi-NCR weather rain news: Delhi is set for a spell of rain and gusty winds until June 4, with temperatures expected to stay below 40 degrees Celsius. The India Meteorological Department has issued a yellow alert, forecasting thunderstorms and winds up to 50 kmph. Similar weather is anticipated in Noida, Gurgaon, and Ghaziabad, offering a respite from the heat.

JEE Advance topper Shubham Kumar: Shubham Kumar from Gaya and Kabeer Chillar from Gurugram secured the top two ranks in JEE Advanced 2026. Both students followed a disciplined routine and largely stayed away from social media to maintain their focus during preparation. They devoted long hours to studying while managing stress through meditation, hobbies and support from family and friends. Their success highlights the importance of dedication, concentration and mental resilience in achieving top

Harbin, China, was struck by a severe sandstorm on Sunday, with winds reaching level 13, uprooting trees and reducing visibility to under 100 meters. The storm, fueled by a clash between unusually warm air and a powerful cold front, briefly turned day into night. Residents are warned of continued unstable weather, including potential tornadoes.

Malaysia has begun enforcing new rules. Children under 16 are now banned from social media accounts. Platforms must implement age verification. This move aims to protect young users from harmful content and cyberbullying. Other countries are also considering similar measures. The government hopes to reassure parents about online risks and have provided social media companies a grace period for implementation. Technology companies, such as Meta, point out to uninteded consequences for teenage use

Asian factories saw steady growth in May. Companies built up stocks to counter potential supply disruptions from the Middle East conflict. China's manufacturing expanded for the sixth month, while South Korea's activity reached a five-year high. Japan also reported expansion despite rising input costs. This regional push highlights efforts to secure supplies amidst global trade jitters.

AP EAMCET 2026 Results date, time, link: AP EAMCET 2026 results are announced today, June 1, at 11 AM by APSCHE for both Engineering and Agriculture & Pharmacy streams. Candidates can access their scores and rank cards on the official portal, cets.apsche.ap.gov.in/EAPCET. The results mark a crucial step towards the upcoming online counselling process.

A Parliamentary committee will meet to discuss examination methods, including pen-and-paper versus computer-based tests. They will also review the National Eligibility cum Entrance Test Undergraduate 2026 and the National Testing Agency. Discussions will cover Grade 12 CBSE exams and the three-language formula. These meetings follow recent controversies and ongoing probes into exam irregularities.

LPG Domestic Cylinder Price today: Commercial LPG cylinder prices saw a significant increase of up to Rs 53.50 on June 1, 2026, impacting businesses like hotels and restaurants. Domestic LPG cylinder prices, however, remain unchanged. This hike, occurring amid concerns over fuel supply security and global energy market volatility, has nearly doubled costs for businesses in just five months.

US Secretary of State Marco Rubio has proposed a plan for gradual de-escalation between Israel and Lebanon. The proposal suggests Hezbollah halt attacks on Israel. In return, Israel would refrain from escalating actions in Beirut. This aims to create space for a cessation of hostilities. Lebanese President Joseph Aoun is working to advance the proposal.

President Donald Trump wants more changes to a proposed Iran deal. The agreement aims for a ceasefire and nuclear talks. It also includes opening the Strait of Hormuz. Iran insists on guarantees for its rights. Pakistan is mediating. The US warns of renewed conflict if terms are not met. Negotiations continue with both sides proposing adjustments.

JEE Advanced Result 2026 out at jeeadv.ac.in: IIT Roorkee announced JEE Advanced 2026 results on May 31st. Qualified students can now register for JoSAA counselling starting June 2nd for admissions to IITs, NITs, and other institutes. Architecture aspirants can also register for the AAT 2026. Class 12th scores are not a direct factor for IIT seat eligibility, but final admission depends on brochure criteria.

U.S. nonfarm payrolls data due on June 5 are expected to show an unemployment rate of 4.3 per cent and an increase of 85,000 jobs.

Nasdaq, S&P 500, Dow Jones investors must know that MSCI's gauge of stocks across the globe rose 5.75 points, or 0.51 per cent, to 1,130.47.

That could lead to a deadlock between Chandra and Tata, they said. Tata sought greater clarity from Chandrasekaran on the groups five-year strategic roadmap, the framework for providing an exit option to Shapoorji Pallonji Group that doesnt involve Tata Sons going public as well as his formal position on the long-debated matter of the listing.

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.