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The Economic Times

Economy / The Economic Times

TV broadcasters may move Apex Court against Delhi HC ruling on advertisement cap

TV broadcasters plan to challenge a Delhi High Court ruling in the Supreme Court. The court upheld Trai's power to limit TV ads to 12 minutes per hour. Broadcasters fear this will hurt their revenue. The Indian TV industry relies heavily on advertising income. This decision could impact their business significantly.

1 Jun 2026 1:12 am
India's electric scooter market regains charge after April slowdown

India's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major players like TVS Motor and Bajaj Auto reported higher sales. Ather Energy and Hero MotoCorp also saw an increase. Ola Electric is working to regain market share and plans to enter the commercial segment.

1 Jun 2026 1:08 am
West Asia heat may soon scorch banks' books

Indian banks anticipate asset quality stress from the second quarter due to the West Asia conflict. Rising fuel prices will reduce consumer spending. Higher input costs will impact corporate profits. Small and medium enterprises face significant pressure. Lenders are becoming cautious about lending to this segment. This situation will be visible in upcoming financial results.

1 Jun 2026 1:05 am
Bars, cafes step up to the crease with offers on IPL final night

Despite rising costs, restaurants and bars saw a surge in business during the IPL final. Bengaluru outlets reported full bookings, with some charging cover fees. Delhi-NCR eateries offered discounts up to 50% on food and drinks. Online platforms also saw increased sales of snacks and beverages as people opted to watch the match at home.

1 Jun 2026 1:02 am
Yatra founders explore stake sale as consolidation buzz swirls in online travel

Yatra Online's founders are reportedly in talks to sell a controlling stake. Feelers have been sent to rivals like MakeMyTrip, Paytm Travel, Rapido, and Ixigo, along with a private equity fund. Advisors are assisting with the sale process. Suitors may submit initial offers next week. Yatra's CEO stated the company achieved its most profitable year despite challenges.

1 Jun 2026 1:00 am
IIFCL eyes record loan sanction of 75,000cr in FY27

IIFCL aims for a record 75,000 crore in loan sanctions this financial year. The government has removed SIFTI restrictions, giving the lender more flexibility. This allows IIFCL to finance larger projects and participate more broadly in infrastructure development. The company expects stronger growth and faster credit expansion through new lending products.

1 Jun 2026 12:53 am
SAIL sees limited steel price impact from Iran conflict

SAIL anticipates a minor effect on its steel prices due to the West Asia crisis. The company is arranging new shipping paths to ensure a steady flow of essential raw materials like limestone from Dubai. SAIL chairman Ashok Panda highlighted that securing raw material availability is paramount for continuous operations.

1 Jun 2026 12:51 am
Assam cabinet expansion on June 5, nearly a month after poll verdict

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.

1 Jun 2026 12:50 am
Commercial vehicle makers strengthen non-core business to ride out 'cyclical' bumps

India's commercial vehicle makers are diversifying beyond truck sales to stabilize revenue. Companies like Tata Motors, Ashok Leyland, and VECV are seeing significant growth in spare parts, financing, and fleet services. This strategic shift aims to create recurring income streams, mitigating the impact of the market's cyclical nature and economic fluctuations.

1 Jun 2026 12:47 am
Chile offers India critical minerals play as CEPA talks near finish line

Chile is offering India significant opportunities in critical mineral mining, including copper, lithium, and cobalt. These minerals will power India's growth and green transition. Chile also seeks Indian talent for its burgeoning semiconductor sector. Both nations are working towards a Comprehensive Economic Partnership Agreement. This partnership aims to secure India's supply chains and foster economic growth.

1 Jun 2026 12:44 am
BFSI firms set to see AI-led decision making & real-time fraud detection

Indian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopters are seeing success, many companies still face hurdles in infrastructure and governance. AI is now integral to core operations, not just customer service. Future plans focus on boosting productivity and customer growth through AI.

1 Jun 2026 12:43 am
Adani Group now focused on building assets at scale: Gautam Adani

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.

1 Jun 2026 12:43 am
PoJK intruder crosses LoC to 'meet lover', held

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.

1 Jun 2026 12:42 am
India eyes Myanmar rare earths as President Min Aung Hlaing visits

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.

1 Jun 2026 12:39 am
Will accelerate integration of indigenous weapons: New CDS General Raja Subramani

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.

1 Jun 2026 12:38 am
Nepal PM Balen Shah bats for talks with India, claims shared fault in border row

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.

1 Jun 2026 12:37 am
Street vendors earn more, go digital under PM-SVANidhi

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.

1 Jun 2026 12:34 am
Centre okays CISF cover for NATGRID's Bengaluru campus

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.

1 Jun 2026 12:32 am
Heatwave and holidays drive 15-20% sales surge for mall retailers

Heatwaves, school holidays and reduced summer travel are driving more consumers to air-conditioned malls, boosting sales for restaurants, fashion and beauty retailers across India. Mall operators and restaurant chains report stronger footfalls, longer dwell times and higher spending, with some restaurants seeing sales growth of 10-20% compared with last year.

1 Jun 2026 12:32 am
OSM under fire as CBSE battles data leak claims

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.

1 Jun 2026 12:31 am
India-Oman CEPA kicks in June 1: What gets cheaper, which sectors gain, and key benefits explained

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.

1 Jun 2026 12:24 am
Power Ministry eyes recovery of 800 cr dues from West Bengal

Power Minister Manohar Lal announced that approximately 800 crore in subsidy-related support and outstanding dues in West Bengal will be recovered. Plans are also underway to address accumulated losses of 15,000 crore. The next phase of the Smart Meter Programme, covering 20 million consumers, will commence in July.

1 Jun 2026 12:07 am
Singer Suman Kalyanpur dies at 89

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.

1 Jun 2026 12:05 am
China factory activity slows in May

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.

1 Jun 2026 12:03 am
Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce countrys import bill

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.

1 Jun 2026 12:01 am
What did Virat Kohli tell Shubman Gill during IPL Final? Heated argument caught on cam

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.

31 May 2026 11:55 pm
I-T department to move Supreme Court against HC relief in public trust row

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'.

31 May 2026 11:54 pm
Spanish Proverb of the Day: The donkey envies the racehorse until the saddle is The unexpected truth about why successful people carry heavier loads

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.

31 May 2026 11:53 pm
WHO chief reports 5 Ebola recoveries as a new treatment center opens in eastern Congo

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.

31 May 2026 11:49 pm
RCB win IPL for 2 straight years, but these 2 players create a hat-trick of wins

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.

31 May 2026 11:49 pm
On This Day in History June 1: From Genghis Khan and Scotch whisky to Marilyn Monroe, Superman's debut, The Beatles and other major events

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.

31 May 2026 11:46 pm
Refiners adjust to new crude mix as Hormuz crisis tightens supply

The conflict has disrupted crude supplies from some of India's biggest suppliers, compelling refiners to process unfamiliar crude grades, said Ujjal K Mukherjee, chief technology officer at Lummus Technology, one of the world's largest refining and petrochemical technology licensors.

31 May 2026 11:45 pm
US allies urge unity in face of growing global security threats

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.

31 May 2026 11:45 pm
Anand Mahindra hails new CDS appointment, praises General NS Raja Subramanis vision for India's 'modern defence' ecosystem

India has appointed General NS Raja Subramani as the new Chief of Defence Staff (CDS) amid a wider leadership reshuffle in the armed forces. The move has been welcomed by Anand Mahindra, who said the CDS role is crucial in todays world where integration matters more than just military strength, and praised the Generals vision of linking the armed forces with industry, academia, startups, and research.

31 May 2026 11:35 pm
Iran's IRGC says 28 ships passed through Strait of Hormuz in the last 24 hours

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.

31 May 2026 11:31 pm
Dua Lipa Callum Turner wedding: Marriage venue, dress, dating, relationship timeline

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.

31 May 2026 11:17 pm
Best quote of the day by Muhammad Ali: 'To be a great champion, you must believe you are...' The powerful 18-word message from the 'greatest' boxer that still inspires millions worldwide

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.

31 May 2026 10:48 pm
Dua Lipa married to Callum Turner? Viral wedding images spark speculation about singer's relationship status

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.

31 May 2026 10:38 pm
NSA Ajit Doval calls on Myanmar President on his maiden visit

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.

31 May 2026 10:38 pm
Quote of the day by Chuck Norris: 'People give up too easily. The most important thing is...' Inspirational and powerful lessons behind the thought

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.

31 May 2026 10:34 pm
Psychology says people who cant make a decision arent confused but their brain may be trapped in a hidden loop of overthinking, fear, and endless possibilities

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.

31 May 2026 10:28 pm
One a national level runner, athlete is now barely surviving: Cannot afford running shoes

A former national-level athlete, Bulti Roy, who once represented India globally and won numerous medals, is now living in poverty in West Bengal. Despite her past achievements, she struggles to afford basic necessities like quality running shoes and a balanced diet, subsisting on muri and soaked rice.

31 May 2026 10:09 pm
Tripura arrests 3,705 illegal migrants since 2022; 3,463 are Bangladeshis

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.

31 May 2026 9:53 pm
Centre targets nearly 300 GW power generation capacity by next year: Manohar Lal Khattar

India is boosting its power generation capacity, focusing on nuclear energy. The nation aims to reach nearly 300 GW next year. Nuclear power is key for long-term energy security, targeting 100 GW by 2047. Tripura is set to receive urban infrastructure projects worth Rs 1,200 crore. Reforms are crucial for growth.

31 May 2026 9:51 pm
CAIT seeks further GST simplification, says monthly collections have risen sevenfold since rollout

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.

31 May 2026 9:49 pm
Books, dreams and debris: Saket building collapse rattles aspirants, disrupts months of preparation

The day after the tragic incident, many aspirants described scenes of panic, dust, and devastation that disrupted months of intense preparation.

31 May 2026 9:45 pm
Gen Z employee vs Gen X boss: Zerodha's Nithin Kamath gets quizzed about Gen Z vocabulary; internet reacts to his score

A video from Zerodha showing CEO Nithin Kamath being quizzed by a younger employee on popular Gen Z slang has gone viral on social media. Shared by Gowri Bhat Gandotra from Rainmatter, the light-hearted interaction features Kamath trying to decode terms like rizz, simp, clock it, and slay. While he struggles with most of the expressions, he correctly answers one, leading to a humorous score of 1 out of 4.

31 May 2026 9:39 pm
British law firm Child & Child launches India desk: enters into partnership with Solicis Lex

London law firm Child & Child has launched a dedicated India Desk and partnered with Mumbai-based Solicis Lex to cater to the growing demand from Indian clients. This strategic move aims to provide comprehensive legal support for personal, commercial, and investment matters in the UK, fostering cross-border collaboration and expanding services into new markets.

31 May 2026 9:31 pm