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The Economic Times

Economy / The Economic Times

Tata Motors raises commercial vehicle prices after hiking passenger vehicle rates

Tata Motors is raising prices for its commercial vehicles. The increase will be up to 2.5 percent starting July 1. This move follows a similar price hike for passenger vehicles. The company aims to manage higher commodity and input costs. This decision impacts Tata Motors' entire domestic vehicle range. Consumers will bear some of the increased expenses.

18 Jun 2026 11:13 am
FILA Group sells 7% stake in DOMS Industries for Rs 934 crore

Italian multinational FILA Group has sold a 7 percent stake in DOMS Industries for Rs 934 crore. SBI Mutual Fund and Axis Mutual Fund have bought a combined 2.13 percent stake for Rs 285 crore. FILA Group's shareholding in DOMS Industries has reduced. DOMS Industries manufactures stationery and art materials. The company's shares saw a rise after the transactions.

18 Jun 2026 11:03 am
China seeks to rein in 'unfair' food delivery competition with new rules

China is seeking to crack down on 'unfair' competition among food delivery platforms by introducing new rules to limit subsidy campaigns that regulators say harm the economy. These practices harm the interests of merchants operating on the platforms, delivery drivers and consumers, squeezing the real economy, the SAMR said.

18 Jun 2026 11:02 am
Two techies from India and Pakistan built an AI startup - Now both are billionaires thanks to Elon Musk. Here's all about Aman Sanger and Sualeh Asif

Two young entrepreneurs, Aman Sanger from India and Sualeh Asif from Pakistan, have joined the billionaire ranks. Their company, Cursor, a popular AI coding assistant, was reportedly acquired by Elon Musk for $60 billion. This deal is expected to net each of them around $2.7 billion. Cursor, founded in 2022, has rapidly grown into a leading AI firm.

18 Jun 2026 11:02 am
India taps World Bank, ADB for $2.5 billion infrastructure spend

India is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infrastructure and create jobs. The loans will help New Delhi manage its budget after increased spending on subsidies. The government plans to upgrade infrastructure and urban renewal projects.

18 Jun 2026 11:02 am
Candidate earning Rs 58,000 was offered Rs 60k by HR as a 'reasonable increase'. Then a Rs 85,000 job offer changed everything. Delhi co-founder shares the story

A Delhi co-founder's shared experience highlights a candidate's initial low salary offer of Rs 60,000, despite expecting Rs 75,000. After two months of increased responsibilities and strong performance without recognition, the candidate received an Rs 85,000 offer elsewhere, leading to resignation. The incident underscores the importance of companies valuing employees' contributions through fair compensation.

18 Jun 2026 11:01 am
KKR eyes at least $1 billion stake in Medicover's India hospital arm, source says

Global investment firm KKR is in advanced discussions to acquire a significant stake in Medicover's Indian hospital operations. The deal is valued at over one billion dollars. Medicover, a Swedish healthcare group, confirmed these talks. This potential acquisition marks a substantial expansion for KKR in India's growing healthcare sector.

18 Jun 2026 10:59 am
Ex-Bengal minister Aroop Biswas appears before police in Messi event irregularities probe

Former West Bengal sports minister Aroop Biswas appeared before Bidhannagar Police. This appearance is linked to an investigation into alleged irregularities during a 2025 event featuring Lionel Messi. The case involves accusations of ticket black-marketing and extortion. Biswas has denied any wrongdoing. The event saw spectator dissatisfaction over Messi's visibility.

18 Jun 2026 10:57 am
Best Spanish saying of the day: 'Tell me who you walk with, and I'll tell you who you are.' Important life lesson about friends, influence and success

Spanish Saying of the Day: The Spanish proverb Tell me who you walk with, and I'll tell you who you are highlights the powerful influence that the people around us have on our lives. Our friends, family and social circles can shape our habits, attitudes, decisions and even our reputation. The saying reminds us that choosing positive and supportive relationships can play an important role in personal growth, helping us make better choices and create more opportunities for the future.

18 Jun 2026 10:57 am
A special election in the UK could hasten the rise of Andy Burnham and the end for Keir Starmer

A special election in Makerfield, northwest England, holds significant implications for Keir Starmer's position as leader of the Labour Party. Andy Burnham, the current mayor of Greater Manchester, is the leading contender. His victory could trigger a leadership challenge against the embattled Starmer. The results are expected early Friday. This election is being closely watched globally.

18 Jun 2026 10:45 am
Noam Shazeer hired by Google for $2.7 billion in 2024 leaves the tech giant in less than 18 months to join Sam Altman's Open AI

Noam Shazeer, a key figure in Google's Gemini AI development, is departing the company. He will now join rival OpenAI. Shazeer previously left Google in 2021 and returned in 2024 through a significant licensing deal. His departure has sparked considerable discussion regarding its impact on Google's AI ambitions. Industry observers note the swiftness of this move after his recent return.

18 Jun 2026 10:44 am
Best Proverb of the Day: People visit the rich with gifts, but they visit the poor with...- A powerful reflection on society and kindness

Proverb of the day: This proverb highlights how society treats the wealthy with gifts and admiration, while the less fortunate often receive only advice. It reflects a reality where success is celebrated, but struggles are met with analysis or blame instead of genuine support. The saying calls for greater awareness and compassionate action, emphasizing that true kindness involves offering meaningful assistance, not just words.

18 Jun 2026 10:44 am
Biblical proverb of the day: 'Wealth brings many friends, but the poor is separated from his neighbor'

Proverbs 19:4 observes that wealth attracts many companions, while poverty often leads to isolation, highlighting a human tendency to value individuals based on material possessions. This ancient wisdom remains relevant, urging a distinction between genuine friendship and self-interested relationships. The proverb encourages recognizing inherent human worth beyond financial status and treating everyone with dignity.

18 Jun 2026 10:43 am
7 ways to reuse old pillow covers

Old pillow covers often end up in the cleaning rag pile or straight in the trash. But before you get rid of them, take a second look. With a little creativity, those faded or unused pillow covers can be turned into useful household items that save money and reduce waste. Here are seven easy ways Indian households can give old pillow covers a second life.

18 Jun 2026 10:27 am
Psychology explains why intelligent, confident people often stay silent in groups, and how that silence can create the illusion that everyone agrees

People often stay silent even when they disagree, fearing isolation. This 'Spiral of Silence' makes minority views seem less common. Social media can worsen this, creating an illusion of consensus. This impacts workplaces, classrooms, and friendships. Understanding this helps us see how perceived opinions shape reality.

18 Jun 2026 10:26 am
'99% of time, I listen to him': Samantha Ruth Prabhu reveals how husband Raj Nidimoru keeps her grounded after marriage despite life in the spotlight

Actress Samantha Ruth Prabhu is preparing for her film Maa Inti Bangaaram. She recently shared insights into her marriage with Raj Nidimoru. The actress stated that Raj's outlook helps her stay grounded amidst the spotlight. Their relationship involves discussing most decisions, both personal and professional. Read on to know more about it.

18 Jun 2026 10:24 am
Baby trafficking gang arrested by Delhi Police, several newborns rescued including a five day old infant

Delhi Police have busted a major baby trafficking ring. Twelve individuals, including a woman posing as a doctor, were arrested. The network allegedly sold newborn babies for large sums after manipulating records. Five infants were rescued during the operation. Investigations suggest over 20 babies may have been trafficked. Separately, Uttar Pradesh Police also uncovered a child trafficking gang.

18 Jun 2026 10:20 am
Fuel prices in India won't fall immediately despite global crude slump, MoS Suresh Gopi reveals why

Union Minister Suresh Gopi explained that immediate fuel price reductions aren't possible despite global crude cost drops due to transit times and other factors. He highlighted the central government's Rs 12,000 crore absorption of past impacts, urging states to also contribute.

18 Jun 2026 10:11 am
Clint Eastwood Quote of the Day: 'Anytime anybody tells me the trend is such and such, I go the opposite direction. I hate the idea of trends. I hate imitation; I have a reverence for individuality.'

Clint Eastwood champions individuality over conformity, urging people to resist trends and embrace their unique perspectives. His quote emphasizes that true success stems from originality and carving one's own path, not imitation. Eastwood's enduring career exemplifies the power of trusting instincts and staying authentic in a world that often pressures conformity.

18 Jun 2026 10:00 am
FIH Hockey Pro League: Manpreet Singh enters record books as India defeat Germany 3-1

India clinched a fantastic 3-1 victory against Germany during the intense FIH Hockey Pro League clash. Manpreet Singh made headlines by becoming India's all-time most capped player. Goals from Mandeep Singh, Shilanand Lakra, and Nilakanta Sharma highlighted a powerful performance, while a steadfast defense held the line.

18 Jun 2026 10:00 am
How many Americans can afford high-quality healthcare? A new poll finds the number has fallen

Americans face growing challenges affording healthcare. New data reveals a significant drop in those able to manage medical costs and access quality care. Many are worried about future expenses. This situation forces individuals to make sacrifices, delaying treatment or cutting back on essential needs. The rising cost of healthcare is a major concern across the nation.

18 Jun 2026 10:00 am
Not just jade or aloe vera: 7 exotic plants believed to bring luck, wealth and happiness

Discover exotic plants believed to usher in prosperity and positivity. From South Africa's vibrant Bird of Paradise to South America's lucky Purple Shamrock, these unique beauties are surprisingly easy to care for. Learn how the heart-shaped Sweetheart Plant, wealth-attracting Gollum Jade, and trailing String of Pearls can enhance your home's charm and energy.

18 Jun 2026 9:58 am
Assam and Arunachal Pradesh strengthen cooperation in excise administration

Arunachal Pradesh and Assam held a ministerial meeting in Itanagar. Discussions focused on excise administration and enhancing inter-state cooperation. Both states aim to strengthen collaboration in excise management and revenue mobilization. The meeting explored ways to prevent illicit trade and improve enforcement mechanisms. A roadmap for continued engagement was developed.

18 Jun 2026 9:58 am
Restoring Indias land, securing Indias future through science and collective action

Scientific innovations and integrated farming systems are combating land degradation and enhancing climate resilience, benefiting millions of farmers and contributing to national development goals.

18 Jun 2026 9:49 am
Bombay HC admits Preity Zinta plea against social media, AI firms in deepfake dispute

The Bombay High Court has permitted Preity Zinta to sue over a dozen firms, including social media and AI websites, for infringing her personality rights and copyrights. The actor alleges that AI-generated deepfake videos and other digital content have damaged her goodwill and reputation.

18 Jun 2026 9:40 am
India learns to live with hotter summers

India's summers are becoming unbearable. Extreme heatwaves are forcing families to change their lives. People are struggling to cope as traditional methods fail. Herdsmen and farmers are witnessing the impact on their livestock and crops. Adaptations are being made, but the rising temperatures present a significant challenge for daily life across the nation.

18 Jun 2026 9:36 am
Southwest Monsoon advance over Maharashtra stalled due to unfavourable conditions: IMD

The Southwest Monsoon's progress over Maharashtra has stalled. Unfavorable weather patterns are preventing further advancement. Rainfall activity is expected to remain isolated for the next few days. An increase in rain is anticipated over the Konkan region around June 24-25. Officials are monitoring conditions for any changes.

18 Jun 2026 9:32 am
PM Modi and Trump direct officials to fast-track 'commercially meaningful' trade Pact

Prime Minister Narendra Modi and US President Donald Trump agreed to push for an early conclusion of a balanced and commercially meaningful bilateral trade agreement during talks on the sidelines of the G7 Summit in France. The two leaders reviewed progress under the India-US COMPACT initiative and welcomed advances in defence, technology, energy and trade cooperation.

18 Jun 2026 9:22 am
First signs of LNG traffic return emerge at Strait of Hormuz with a relief for Pakistan

An LNG tanker loaded in Qatar is approaching the Strait of Hormuz, signalling a possible revival in traffic after a temporary US-Iran peace deal. The vessel, Mraikh, has been stranded in the Persian Gulf since February and is now headed toward Pakistan. The move comes as Trump announced a deal to reopen Hormuz, whose closure had disrupted nearly 20% of global LNG supplies.

18 Jun 2026 9:21 am
He cleaned toilets for Rs 1200, delivered newspapers with his wife and worked as a security guard in Canada. Now, the actor-singer has net worth of Rs 150 crore

Gippy Grewal, the voice behind Angreji Beat, faced immense struggles before achieving fame. He borrowed money for failed albums and worked odd jobs like security guard and cleaner in Canada. His wife also worked multiple jobs to support them. A hit song eventually changed his fortunes. Today, he is a successful actor and singer. Read on to know more about his journey.

18 Jun 2026 9:16 am
Green economy companies top $10 trillion market cap

The green economy has hit a record $10 trillion market value. Revenue from climate solutions grew significantly last year. Companies focused on green activities are outperforming the stock market. This growth shows resilience despite global challenges. The energy transition is now driven by security and economic factors. Investors are urged to reconsider their exposure to this growing sector.

18 Jun 2026 9:09 am
Meet Ginevra Giambruno, Italian Prime Minister Giorgia Meloni's daughter who stole the spotlight at the G7 Summit

Italian Prime Minister Giorgia Meloni's daughter, Ginevra, garnered attention at the G7 Summit. The nine-year-old was seen accompanying her mother, sparking warm online reactions. The article also touches upon Meloni's past relationship with Ginevra's father, Andrea Giambruno, and her viral Melodi interactions with Indian PM Narendra Modi.

18 Jun 2026 8:53 am
US-Iran deal takes 'immediate effect' after both sides sign, Pakistan PM Shehbaz Sharif says

US-Iran peace deal: A deal to end the war in Iran is now in effect as leaders from the United States and Iran have signed the agreement. Pakistan's Prime Minister Shehbaz Sharif announced the immediate effect. The Strait of Hormuz will reopen and the naval blockade will be lifted. A formal signing ceremony will take place in Switzerland on Friday.

18 Jun 2026 8:45 am
RBI not in favour of offshore settlement for government securities, sources say

The RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic NDS-OM platform. Despite recent tax incentives, the RBI aims to consolidate liquidity locally for better price discovery and ease of trading, ensuring a unified market.

18 Jun 2026 8:42 am
Father's Day 2026: Date, history and why the world celebrates fathers on different days

Father's Day 2026 Date: Father's Day in 2026 falls on June 21, observed on the third Sunday of June. This tradition honors fathers and father figures for their support and guidance. The day originated in the United States over a century ago. While many countries celebrate on the same date, some observe it differently.

18 Jun 2026 8:39 am
IIT Delhi retains top spot among Indian universities in QS world rankings 2027

The Indian Institute of Technology Delhi (IIT Delhi) has retained its position as India's highest-ranked university in the QS World University Rankings 2027, climbing to 118th globally and equalling the best-ever ranking achieved by an Indian institution in the prestigious global index.

18 Jun 2026 8:35 am
Dhurandar 2 OTT release date new details: When and where to watch Ranveer Singh's hit spy thriller unmuted version in Tamil, Malayalam, English, Telugu and Kannada

Dhurandhar 2: The Revenge, a massive Indian blockbuster, is now heading to Netflix India. The Ranveer Singh-starrer spy thriller will be available on the platform this week. This release offers viewers the international version of the film. It promises an uncut experience with original audio. Read on to know more about it.

18 Jun 2026 8:22 am
Bengaluru engineer earning Rs 80 LPA vs Germany engineer earning Rs 1 crore: Who is actually richer? Internet is divided

A debate is ongoing about what truly defines wealth. Earning a high salary abroad does not automatically mean a richer lifestyle. Income buys different conveniences and benefits depending on location. Professionals are considering lifestyle, priorities, and personal success definitions when comparing global opportunities. Wealth is what income allows a person to experience, save, and enjoy.

18 Jun 2026 8:21 am
Advertisers bet on movie stars to stand out in IPL 2026 season

Celebrity ads surged 34% during IPL 19, making up 61% of total ad volumes. This happened even as fewer advertisers participated. IPL remains India's top sports marketing platform. Film stars dominated celebrity endorsements. Shah Rukh Khan was the most visible celebrity endorser. Rohit Sharma led sports personality endorsements.

18 Jun 2026 8:12 am
Trump offers Wall Street talent a Prez pay of $400k to bolster US national security supply chains

The Trump administration is hiring 400 dealmakers to boost US national security supply chains. Top finance professionals will receive salaries up to $400,000 annually. This initiative aims to attract private sector expertise for structuring financial agreements. The goal is to address a shortage of skilled personnel in government. This will help deploy taxpayer funds efficiently and accelerate reindustrialization efforts.

18 Jun 2026 8:03 am
Who won in FIFA World Cup 2026 yesterday? Check match results and updated points table

England and Ghana kicked off their FIFA World Cup 2026 campaigns with victories in Group L. England triumphed 4-2 over Croatia in a thrilling encounter, with Harry Kane scoring twice. Ghana secured a dramatic 1-0 win against Panama thanks to a late goal from Caleb Yirenkyi, placing them second in the group.

18 Jun 2026 8:01 am
Snow leopard retreats from a pack of dogs. Uttarakhand forest officer says the real problem is not the dogs but...

A rare snow leopard video reveals a growing conservation issue. Stray dogs, fueled by unmanaged waste in lower valleys, are venturing into high-altitude Himalayan habitats. This forces elusive predators like the snow leopard to retreat, demonstrating the far-reaching impact of human waste management on fragile mountain ecosystems and wildlife survival.

18 Jun 2026 7:58 am
Iran deal calls for diluting uranium at minimum, waiving sanctions & opening strait, US officials say

President Trump announced a deal with Iran, involving uranium dilution and sanctions waivers, allowing immediate oil sales. Mediated by Pakistan, the agreement aims to reopen the Strait of Hormuz and end hostilities in Lebanon. While hailed by Trump, the memorandum of understanding faces scrutiny and potential future renegotiation.

18 Jun 2026 7:58 am
Supreme Court rejects plea challenging Income Tax break to STs in North East

The Supreme Court has declined to hear a petition questioning the income tax exemption for Scheduled Tribes in certain north-eastern states. The court suggested the petitioner approach the Parliamentary Committee on Petitions or the Finance Ministry. This move allows citizens to seek changes in laws through appropriate channels.

18 Jun 2026 7:55 am
Chinese regulators clear Paramount Skydance-Warner Bros Discovery merger, source says

Chinese regulators have approved the $110 billion merger between Paramount Skydance and Warner Bros Discovery, following similar antitrust rulings from the U.S. Department of Justice and several other countries. This significant approval comes as China's domestic film industry matures, impacting Hollywood's revenue streams.

18 Jun 2026 7:53 am
AP EAMCET 2026 results declared at cets.apsche.ap.gov.in: Direct link, how to check scorecard and admission rank

JNTU Kakinada announced the AP EAMCET 2026 results today. Candidates can now check their scorecards and rank cards on the official website. The results are for Engineering, Agriculture, and Pharmacy streams. This marks the beginning of the admission process for undergraduate professional courses across Andhra Pradesh. Qualified students should download their documents and prepare for the upcoming counselling sessions.

18 Jun 2026 7:40 am
What's in Trump's deal for Tehran? The 14-point US-Iran pact as read by American official

The U.S. and Iran have signed an interim agreement to halt hostilities and open the Strait of Hormuz, with a 60-day negotiation period to follow. The memorandum outlines an immediate end to military operations, the lifting of naval blockades, and the removal of sanctions. Key issues like Iran's nuclear program will be addressed in a final deal.

18 Jun 2026 7:38 am