The Economic Times
Elections 2026Economy / The Economic Times
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Scientific innovations and integrated farming systems are combating land degradation and enhancing climate resilience, benefiting millions of farmers and contributing to national development goals.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.

36 C