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The Economic Times

Economy / The Economic Times

Delhi, Noida, Gurugram, Ghaziabad weather today: Temperatures may touch 42C, rain likely this week. Check IMD forecast

Delhi will see clear skies and high temperatures this week. Thunderstorms and light rain are expected from June 11. The monsoon is predicted to reach Delhi between June 25 and June 30. This will bring relief from the heat. Temperatures are expected to drop significantly after midweek. Gusty winds will accompany the rain.

8 Jun 2026 7:55 am
Israel says it has struck Iran after taking missile fire

Iran war: Explosions were reported in several Iranian cities. Iran closed its airspace around its main airport. The Israeli military confirmed striking military targets. This escalation raises fears of a wider regional conflict. Negotiations over a ceasefire had been stalled.

8 Jun 2026 7:48 am
'Fake news ki dukan': Khan Sir-Anjana Om Kashyap controversy reaches Delhi High Court, AajTak anchor files defamation case and seeks Rs 2 crore damages

Journalist Anjana Kashyap and TV Today Network have filed a Rs 2 crore defamation suit against Khan Sir and other educators. The lawsuit stems from a debate on the commercialization of education, with plaintiffs alleging a coordinated online campaign damaged their reputation and endangered family privacy, including the disclosure of a child's school information.

8 Jun 2026 7:29 am
'He doesn't call the shots': Trump overrules Netanyahu as Iran missiles hit Israel, peace deal in jeopardy

President Donald Trump asked Israel's Prime Minister Benjamin Netanyahu to refrain from retaliating against Iran's missile attacks. Trump stated that such action would jeopardize ongoing peace deal negotiations. He urged Iran to return to the negotiating table. Trump mentioned that a deal was very close to being signed. He also criticized Israel's strikes on Beirut.

8 Jun 2026 7:28 am
New OTT releases this week (June 8 - June 14): Bhooth Bangla to Raakh to Karuppu, 10 new movies and shows on Netflix, JioHotstar, Prime Video and more

This week brings a wave of new content to streaming platforms. Suriya's action drama Karuppu and Akshay Kumar's horror-comedy Bhooth Bangla are set to release. Crime thriller Raakh and reality show Maa Hai Na will also premiere. Romance drama Every Year After and Malayalam thriller Dridam are coming. Read on to know when and where to watch them online.

8 Jun 2026 6:53 am
Iran launches missiles at Israel for first time since Mideast truce

Iran war: The sound of air raid sirens echoed through Israel as the military successfully intercepted missiles launched from Iran. In a stark response, Iran's Revolutionary Guards declared the attack a 'serious warning' after Israel targeted Beirut. This marked a significant escalation on the 100th day of conflict in the Middle East.

8 Jun 2026 6:37 am
Gold price today: Gold rate crash to continue in June? All you need to know

Gold rate will remain sensitive to developments in West Asia, according to bullion exparts.

8 Jun 2026 6:32 am
What is PMS? A guide to portfolio management

If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 106th part of this series, Riju Mehta explains how this investing option is managed.

8 Jun 2026 6:30 am
RBI widens direct equity access for overseas investors

The RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity access to all Persons Resident Outside India.

8 Jun 2026 6:30 am
Gold and silver shine as equities stumble in 2026

Welcome to TrendMap, your quick, visual guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various asset classes. The annual returns are ranked for multiple asset classes across equity, debt, precious metals and real estate. This map shows that no single asset class reigns supreme. Hence, diversification helps. By Sameer Bhardwaj.

8 Jun 2026 6:30 am
Bad appraisal? Avoid these mistakes for next cycle

Cold data, not emotions, will cure your appraisal hangover, says Devashish Chakravarty.

8 Jun 2026 6:30 am
Insurance CEOs pay now tied to claim settlements

Insurance CEOs remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A trust-builder, say some experts; others arent convinced.

8 Jun 2026 6:30 am
Joining a new firm? Check your maternity cover first

One of the biggest advantages of a group policy is the waiver of the maternity waiting period. In individual policies, maternity typically comes with a waiting period of up to three years. In group insurance, this period is usually waived. This allows the employees to claim for themselves or their spouses almost immediately after joining.

8 Jun 2026 6:30 am
Strong Q4 earnings, driven primarily by metals

ET Wealth presents an 8-quarter earnings assessment report of various sectors. The year-on-year net profit growth for 18 sectors is presented in the table. The significant variations in the earnings growth highlight the importance of sector diversification for managing risks and returns. By Sameer Bhardwaj.

8 Jun 2026 6:30 am
Startup investing: High stakes, long game

Indian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories attract affluent investors, the reality involves illiquidity, founder ethics, and long holding periods. Experts advise a disciplined portfolio approach, thorough due diligence, and realistic expectations for those venturing into this complex asset class.

8 Jun 2026 6:30 am
Why small caps could outperform mid caps

Midcap stocks have dominated performance for a decade, but a shift towards small caps is emerging. Flexi-cap funds are increasing small-cap allocations, driven by improved fundamentals and regulatory advantages. While small caps offer potential alpha, investors must navigate their inherent volatility and focus on fundamentally strong businesses.

8 Jun 2026 6:30 am
Financial freedom requires agency, accountability

I would like to place for discussion not just the question of freedom to decide, but also responsibility and accountability. Why dont we provide a monthly allowance in cases where explicit incomes that enable agency are not present? Does it denigrate the care and love to rupee terms, which makes it uncomfortable?

8 Jun 2026 6:30 am
Digital arrest: How the fear scam traps victims

They pose as the police, put you under digital arrest, and tether you to a video call till your savings are gone. How Indias fastest growing fear scam, and other cyber frauds, work.

8 Jun 2026 6:30 am
Earthquake of magnitude 7.8 strikes off southern Philippines, tsunami warnings issued

A massive 7.8 magnitude earthquake hit off the coast of Mindanao, Philippines, prompting urgent tsunami warnings for both the Philippines and neighboring Indonesia. Preliminary reports suggest no catastrophic destruction has taken place. The quake was particularly felt in the city of Manado, Indonesia.

8 Jun 2026 6:25 am
Indias consumer demand remains resilient despite Iran war, inflation pressures; FMCG firms stay cautiously optimistic

Despite geopolitical turmoil and inflation, domestic consumption of essentials and personal care products remains resilient. Company executives express optimism for demand sustenance but advise a cautious approach for the next two to three quarters due to ongoing inflationary pressures and supply chain disruptions.

8 Jun 2026 6:00 am
Sops for private investors in nuclear energy on cards

The Indian government is actively seeking private sector investment for its nuclear energy expansion plans, aiming to boost green transition. Measures like assured power purchase agreements and potential financial support through schemes like RDI are being considered. Consultations with stakeholders will precede the roadmap for sustainable nuclear capacity development.

8 Jun 2026 6:00 am
SpaceX IPO: What risks should investors consider? What to do if you don't get SpaceX IPO allocation?

SpaceX IPO: At roughly 110 times trailing sales, Elon Musk-led company's valuation assumes years of rapid growth, raising the stakes for investors if the company falls short of expectations.

8 Jun 2026 5:57 am
Quote of the day by Abraham Lincoln: 'Every man is born an original, but sadly, most men...' Life lessons on human nature, education, knowledge and success by US president known for abolition of slavery and winning American Civil War

Quote of the Day by Abraham Lincoln highlights the importance of individuality, education, knowledge, human nature, and success. The quote, Every man is born an original, but sadly, most men die copies, encourages people to think independently and develop their own identity. The message remains relevant today as people face social pressure, seek success, pursue education, and learn lessons about personal growth and self-belief.

8 Jun 2026 3:41 am
Chinese proverb of the day: 'A truly great man never puts away...' Life lessons on peace, success, human nature and why is it essential to preserve innocence

Chinese proverb of the day highlights a timeless lesson about preserving innocence, curiosity and humility throughout life. The saying teaches that success should not remove a person's sense of wonder or openness. It explains how human nature, peace and personal growth are connected to maintaining a child-like outlook. The proverb continues to offer guidance for modern life, relationships and decision-making.

8 Jun 2026 3:37 am
Donald Trump storms out of NBC 'Meet the Press' Kristen Welker interview. Here's why

NBC 'Meet the Press' Kristen Welker interview was conducted on a farm in Wisconsin, where Donald Trump was addressing farmers

8 Jun 2026 3:01 am
Quote of the day by Nelson Mandela: 'There is nothing more dangerous than a...' Life lessons on human nature, anger and shame by first Black president of South Africa

Quote of the Day by Nelson Mandela highlights the impact of humiliation on human behavior. The quote explains how shame, rejection, and loss of dignity can influence actions and decisions. It remains relevant in families, workplaces, communities, and society. The words of Nelson Mandela also reflect lessons from his own life, including his fight against apartheid, years in prison, and efforts to promote peace and reconciliation in South Africa.

8 Jun 2026 2:37 am
Telecom revenue growth may slip to single digits without tariff hike

Telecom revenue growth may slow to single digits this year without tariff increases. Operators are delaying hikes due to inflation. A potential 15% mobile tariff rise by the second quarter could boost sector revenue. This would translate to a 50 increase for a 28-day pack. Industry leaders' revenue growth moderation often precedes tariff hikes.

8 Jun 2026 2:24 am
'Need to leave cricket behind & find sports that are relevant'

Zee Entertainment is making a significant long-term bet on football. The company has secured FIFA media rights until 2034, including upcoming World Cups. This move signals a strategic shift away from the costly cricket market. Zee believes football, popular with young people, offers a valuable global sports property at a lower investment.

8 Jun 2026 2:22 am
As cos fast-track AI adoption, data & infra readiness come under spotlight

Indian companies are rapidly adopting artificial intelligence. While some have fully integrated AI, many are still in pilot phases. Challenges like data management and infrastructure modernization hinder widespread adoption. Organizations are prioritising data quality and governance for successful AI deployment. Scaling AI reliably remains a key focus for businesses.

8 Jun 2026 2:18 am
'Domestic cos got lower ubsidies than Chinese peers, on par with North America'

Indian firms receive far less government support than Chinese companies. An OECD report highlights this disparity between 2005 and 2024. Indian companies borrow at market rates, unlike China's below-benchmark loans. Key sectors like solar PV and semiconductors show concentrated subsidies in China. This data offers a clear comparison of global industrial support.

8 Jun 2026 1:49 am
Govt hikes domestic LPG prices by Rs 29 per cylinder

India imports 60% of its LPG requirement, with 90% of supplies sourced from West Asia. Despite the near closure of the Strait of Hormuz, India has managed to move some LPG cargoes out of the Persian Gulf over the past three months without paying any toll (to Iranian authorities), the ministry said.

8 Jun 2026 1:20 am
Banks to be told to step up FCNR (B) deposits

Banks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This move aims to attract significant foreign currency inflows. Industry estimates suggest up to $40 billion could be raised. These measures will strengthen India's foreign exchange reserves. This will help manage rupee depreciation pressures.

8 Jun 2026 1:12 am
Tata Motors CV bets on exports, clean mobility for FY27 growth

The company said industry growth is expected to continue in FY27, albeit at a slower pace than the previous year, amid commodity cost pressures, geopolitical uncertainties, and a high base effect. Against this backdrop, Tata Motors has identified international expansion, profitable growth, and sustainable mobility as key priorities for the year ahead.

8 Jun 2026 1:09 am
In graphic: How Union Cabinet's Rs 10,000-crore price stabilisation fund for aviation turbine fuel will work

Last week, the Union Cabinet approved a Rs 10,000-crore price stabilisation fund for aviation turbine fuel, fixing a static price of Rs 115/litre for both domestic and international flights. The government said the move will help reduce airfare volatility.

8 Jun 2026 1:01 am
RBI may need to absorb at least half of hedging cost to spur ECBs by PSUs

The Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps for overseas borrowing until September 2026. Bankers suggest the RBI needs to cover at least half the hedging costs for this to make borrowing abroad cheaper and viable for these companies.

8 Jun 2026 12:50 am
Incuspaze eyes Rs 100 cr from iKeva buy

iKeva has a portfolio of 18 workspace centres covering 500,000 sq ft across Hyderabad and Bengaluru, which it aims to double this fiscal year. Incuspaze has set a target of ?1,000 crore in revenue in FY28-29 annual revenue through a mix of expansion, increased enterprise occupancy, and acquisitions.

8 Jun 2026 12:50 am
ATMs in small hubs may run out of cash: Confederation of ATM Industry

ATM operators are demanding 100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This leaves smaller towns without money, risking ATM shutdowns. Rising costs and fewer withdrawals add to the strain. The industry warns of a collapse if the situation continues.

8 Jun 2026 12:48 am
English proverb of the day: Love makes the time pass. Time makes love pass ; The heartbreaking lesson on relationship and love

Love, like a flower, can fade with time, a truth captured by the proverb: 'Love makes the time pass. Time makes love pass.' While love initially makes time enjoyable and obliterates loneliness, the intensity of devotion can diminish. This highlights that love requires care and commitment, not just feelings, to endure the passage of time and potential indifference.

8 Jun 2026 12:43 am
Arnya invests over Rs 1K crore in housing projects

Many of the projects are at advanced stages of approvals and execution, while some have already commenced sales in key residential markets including Bengaluru. The investments have been routed through Arnya Real Estate Fund-Debt, the firm's category II alternative investment fund registered with the Securities and Exchange Board of India, along with direct investments undertaken by the firm.

8 Jun 2026 12:43 am
Japanese proverb of the day: Theres no medicine for falling in love ; what ancient Japanese wisdom tells us about love and heartbreak

Falling in love is a powerful, uncontrollable force, capable of bringing immense joy and profound heartbreak. Like a disease, it cannot be cured with medicine, leaving emotional scars that time and self-acceptance must gradually heal. This timeless wisdom remains relevant, emphasizing that healing from love's impact requires patience and resilience.

8 Jun 2026 12:40 am
Tibetan proverb of the day: 'The secret to living well and longer is: eat half, walk double, laugh triple, and love without measure.'

An ancient Tibetan proverb offers a timeless path to a fulfilling life: eat moderately, exercise regularly, laugh heartily, and love abundantly. This simple wisdom, emphasizing balance and joy, aligns with modern science, suggesting that a long and happy existence stems from these fundamental, everyday habits rather than complex trends.

8 Jun 2026 12:39 am
Citi leverages AI to transform payments, boost efficiency and enhance cross-border transactions

Citi is leveraging AI to revolutionize its payments business, enhancing developer efficiency by up to 40% and streamlining complex cross-border documentation. The financial giant is deploying AI for client servicing and risk management, processing $6 trillion daily. India's sophisticated payment infrastructure, including UPI and the JAM trinity, offers global lessons in real-time, cost-effective transactions.

8 Jun 2026 12:36 am
Hindalco expects aluminium to shine bright downstream

Upstream operations typically involve extraction of raw materials to produce basic metal, the pricing for which is largely dependent on global commodity prices. Downstream operations are a value addition to the basic metal, converting it specifically as per customers' requirements, and has more stable pricing compared to the basic metal.

8 Jun 2026 12:35 am
Paying tax won't legitimise cash stashes

The taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department to confiscate it. Even if tax is paid, individuals can't escape benami law if they fail to reveal the source of the money, impacting those trying to regularize unaccounted wealth.

8 Jun 2026 12:28 am
Only 11 of 134 tasks fully completed; maximum backlog in education sector

An assessment of the Chief Secretaries conference indicates a sluggish pace in addressing action items. Of the 134 objectives set, a mere 11 have been finalized. It's notable that education departments are leading in ongoing initiatives. This underscores an urgent call for sustained reforms. The forthcoming Niti Aayog meeting aims to emphasize the importance of inclusive development.

8 Jun 2026 12:27 am
IPL: RCB played in all matches that had over 400 million viewers

Royal Challengers Bengaluru's brand profile has strengthened after winning its maiden IPL title in 2025 and defending it in 2026. A recent Google study found that RCB was the most searched IPL team in India this season, ahead of Chennai Super Kings and Mumbai Indians, highlighting strong fan engagement online.

8 Jun 2026 12:22 am
Very short window for India amid China supply-chain shift, says CEA V Anantha Nageswaran

China's policies are hindering global supply-chain diversification. India faces a brief opportunity to attract relocating businesses. A proactive policy is crucial to capitalize on shifting geopolitical and economic landscapes. The nation's economy shows resilience but faces risks from inflation and trade deficits. Strategic reforms are vital for long-term economic strength.

8 Jun 2026 12:21 am
'Making in Russia for India' eyes fertilisers, critical mineral mining JVs

India's envoy to Moscow, Vinay Kumar, has proposed a 'Making in Russia for India' model. This initiative aims to boost industrial ties across sectors like fertilisers and critical minerals. Joint ventures in Russia will create a captive export market for India. The countries are also working towards a $100 billion trade target.

8 Jun 2026 12:20 am