The Economic Times

The Chhattisgarh High Court ruled that asset preservation under PMLA includes safeguarding economic value, not just legal control. This allows for liquidation of volatile market-linked assets like shares, with proceeds reinvested in low-risk instruments under ED supervision to prevent wealth erosion during investigations.

Global food prices edge lower in May as FAO forecasts a 2% decline in world cereal production for 2026-27.

A fresh complaint has been filed with the Maharashtra Charity Commissioner ahead of the June 8 meeting of trustees of Sir Dorabji Tata Trust, alleging irregularities in the transfer of 833 shares of Tata Sons from the Navajbai Ratan Tata Trust to late Naval H. Tata in January 1989.

India's central bank is fully prepared for Anthropic's advanced AI model, Mythos, despite awaiting final project details. Advisories have been issued to financial entities regarding potential cybersecurity threats. While access is currently limited to select global organizations, India is included in the project, with further steps to be taken upon receiving complete information.

The Supreme Court will now consider if a married daughter's son can receive government rehabilitation employment. This follows a recent ruling that a dependent married daughter is eligible for such benefits. The court has asked the Chhattisgarh government for a response. A petitioner claims the state previously granted similar employment to another individual in a comparable situation.

A company laid off a senior engineer to save money. This engineer was the only one fixing critical system problems every night. After his departure, the payment service began to fail. Investigations revealed the engineer's hidden work. The incident highlights the risks of relying on a single individual for essential operations.

Union Environment Minister Bhupender Yadav and Delhi Chief Minister Rekha Gupta launched eighteen Namo Oxygen Parks on the occasion of World Environment Day. This initiative aims to enhance green spaces and improve air quality in Delhi. The Delhi government has allocated a significant portion of its budget for green projects. The launch also included the release of important environmental documents for the city's future.

The Calcutta High Court has ordered the West Bengal government to submit a report. This is regarding allegations of parading arrested individuals with ropes tied to their waists. The court emphasized that police must follow legal procedures. No accused person should face humiliation. Public interest litigations brought these concerns to light. The state has three weeks to file its report.

Former Tamil Nadu BJP chief Annamalai is launching a new political movement. This new group will participate in the upcoming Tamil Nadu Assembly elections. Annamalai resigned from the Bharatiya Janata Party after disagreements regarding Tamil Nadu. He had informed the party of his decision earlier. This move follows the BJP's performance in recent elections.

A manager's broken promise to an employee, who worked extra hard to finish a project early for planned leave, has ignited online debate. Despite exceeding expectations, the employee's PTO was cancelled due to their perceived indispensability. This betrayal of trust, career coach Simon Ingari highlights, erodes motivation and leads to a decline in dedication, leaving the employee questioning future commitments.

15-year old Vaibhav Sooryavanshi is set to join India's T20 squad. Selectors are considering dropping captain Suryakumar Yadav. Sooryavanshi impressed in the IPL. The team faces upcoming T20 matches in Ireland and England. A leadership change is anticipated for the T20 team. Shreyas Iyer is also a contender for captaincy.

KCET CET 2026 Result link: Karnataka students await KCET 2026 results, expected soon from KEA. Over 3.3 lakh candidates registered for the exam, held from April 22-24. Admissions for engineering and other non-medical courses will proceed independently of NEET UG results, ensuring timely college admissions.

Rahul Gandhi criticized the Centre's Great Nicobar development project, alleging it prioritizes commercial interests over ecology and local communities. He claimed tribal residents are losing land and settlers aren't receiving fair compensation. Gandhi suggested expanding INS Baaz instead of the current project, advocating for sustainable tourism and conservation.

Actress Celina Jaitly faces legal notices from her estranged husband, Peter Haag, and father-in-law, Wolfgang Haag. The notices threaten defamation over her public statements regarding their divorce and child custody battle. Jaitly asserts her right to speak and seek justice. An FIR has also been registered against Peter Haag in Mumbai. Read on.

A fire erupted at Tata Steel UK's Port Talbot steelworks in Wales. Emergency services responded swiftly. Operations at a section of the plant were temporarily halted. All personnel were safely evacuated. The company is assessing the impact on production and downstream businesses. This incident is separate from ongoing site transitions.

JELET admit card 2026: West Bengal Joint Entrance Examinations Board is scheduled to release the JELET 2026 admit card on June 5. Candidates appearing for the lateral entry examination can download their hall tickets from the official website and check details such as exam date, timing, centre and instructions. The examination is tentatively scheduled for June 13.

German philosopher Walter Benjamin believed true happiness stems from confronting oneself without fear. His profound insights, shaped by a life of exile and intellectual exploration, highlight that inner peace and authenticity are paramount. Benjamin's work, particularly on art's reproduction, continues to influence cultural theory, emphasizing that genuine fulfillment originates from within, not external validation.

The National Institute of Open Schooling (NIOS) has announced the Senior Secondary (Class 12) results for the 2026 public examinations. Candidates can access their scorecards on the official website by entering their enrollment number and captcha code. Students dissatisfied with their marks can request a recheck by June 25, 2026.

AirTrunk plans a massive $30 billion investment to build 5 gigawatts of data center capacity in India by 2030. This significant investment aligns with India's digital infrastructure goals. The company's CEO met with Prime Minister Modi, highlighting India's favorable conditions for technology investment. This initiative will create numerous local jobs and attract substantial cloud and AI investment.

Zeynab Javadli, ex-wife of Sheikh Saeed bin Maktoum bin Rashid Al Maktoum, has vanished with her three children in Dubai. A British lawyer claims a sudden overnight incident led to her disappearance. The situation intensifies a long custody battle. Authorities later confirmed Javadli's detention following a complaint by her former husband. The case is under investigation.

The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneously, the RBI is introducing new plans to bring more foreign money into India. These steps aim to strengthen the country's finances amid global uncertainty.

AirTrunk plans a massive investment of over 3 lakh crore rupees in India by 2030. This will develop more than 5 gigawatts of digital infrastructure capacity. The investment, backed by Blackstone and CPPIB, aims to support India's growing cloud and artificial intelligence needs. This significant development is expected to create thousands of jobs and boost India's global standing in technology.

Buddhist teacher Ajahn Chah taught that peace is found in letting go. His wisdom highlights that suffering stems from attachment to outcomes and possessions. Modern life often adds stress through expectations and comparisons. Releasing the need for control brings significant emotional relief. Ajahn Chah's teachings continue to inspire worldwide, emphasizing mindfulness and inner freedom.

Nagaland State Lottery Sambad Dear Friday Weekly draw results for 5 June 2026 have been officially declared. Ticket holders can now check their numbers for the 1 Crore first prize and other attractive cash rewards Full list of winning numbers here.

CBSE-OSM whistleblower Sarthak Sidhant urges student movements to focus on genuine causes over online attention, emphasizing the need for meaningful action beyond social media. He, along with Nisarga Adhikary and Vedant Shrivastava, exposed discrepancies in the CBSE's evaluation system, highlighting the importance of research-backed activism.

Union Education Minister Dharmendra Pradhan led a crucial meeting on the draft National Mental Health and Well-Being Policy for Schools. The focus was on a comprehensive and preventive strategy to boost mental wellness for students and teachers. The policy aims to create supportive learning environments and integrate mental health into education.

India's economic Goldilocks moment is shifting as the RBI raises its inflation forecast and lowers growth projections due to external shocks like the West Asia conflict and elevated oil prices. Despite these headwinds, the central bank believes strong domestic fundamentals, including resilient consumption and investment, will help cushion the blow.

Speaking on the sidelines of the St Petersburg International Economic Forum on Thursday (local time) Putin said Moscow and New Delhi were aiming for more ambitious economic targets as trade between the two nations continues to grow. We are not only talking about our plans in energy, including nuclear energy. Kudankulam Nuclear Power Plant (KKNPP) is now being constructed, he said.

Maruti Suzuki India Ltd announced a Rs 925 crore investment by FY 2030-31 for green energy, including two biogas projects. A new 10 TPD biogas plant will be set up at its Kharkhoda facility by FY 2026-27, while the Manesar plant's capacity has been expanded. These initiatives aim to reduce fossil fuel dependence and align with the government's 'Waste-to-Wealth' mission.

The Allahabad High Court has called for accountability from senior bureaucrats from Uttar Pradesh. Chief Minister Yogi Adityanath has been urged to consider holding top administrative heads criminally liable for departmental failures. The court emphasized a doctrine of superior responsibility for officials. This directive follows a case where a petitioner faced delays in passport renewal due to pending investigations.

Shehbaz Sharif said Pakistan would be grateful to former Trump 'forever' for his 'intervention in the war with India'. The Pak PM called the Pakistan-US relationship 'special, spanning nearly eight decades'. He also lauded Trump's leadership style and its impact on international engagement.

Pakistan's Oil and Gas Development Company Limited (OGDCL) has announced a significant oil and gas discovery in Sanghar district, Sindh province. The exploratory well Bodi deep-1 yielded 2,000 barrels of oil and 1.1 million cubic feet of gas daily, marking the first hydrocarbon find from the Massive Sand Play in the area.

Hai Jawani Toh Ishq Hona Hai has arrived in theatres today. Early reviews highlight its fun-filled entertainment and comedy. Varun Dhawan's energetic performance is a major draw. David Dhawan's signature humour is intact, with playful references and witty one-liners. Maniesh Paul also receives special praise for his comic timing and versatility. Read on!

India's foreign exchange reserves are strong and set to grow. Governor Sanjay Malhotra stated this on Friday. New trade deals and policy changes will boost the country's financial position. Agreements with the UK, New Zealand, EFTA, and Oman are already in place. Further trade talks are underway with several nations, promising continued economic strengthening.

The RBI's Monetary Policy Committee unanimously held the repo rate at 5.25% and maintained a neutral stance, citing amplified inflation risks. To bolster the rupee, the central bank introduced multiple measures, including expanding accessible securities for foreign investors and increasing investment limits for NRIs. These actions aim to attract foreign capital and strengthen India's balance of payments.

African proverb of the day highlights the importance of kindness, respect, and emotional care in marriage. The proverb teaches that peace in a family begins with daily actions and thoughtful behavior. It explains how love, understanding, and mutual respect help create harmony at home. The teaching remains relevant in modern relationships and offers lessons on family life, partnership, and long-term happiness.

JK Paper Ltd is now a defendant in a Delhi High Court case. The dispute concerns a bungalow on Prithviraj Road. Punit Beriwala claims he made an advance payment for the property in 2004. JK Paper acquired the bungalow in December 2021 for Rs 250 crore. Beriwala's counsel informed JK Paper about his client's claim.

RBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: India's headline inflation may rise by 36 basis points due to higher petrol and diesel prices. The Reserve Bank of India warns that elevated energy costs and supply disruptions will impact economic activity. Global factors are also contributing to broader inflationary pressures. The central bank has maintained its key repo rate and policy stance.

Hindustan Construction Company Ltd (HCC) has won a Rs 127 crore contract in Bhutan. The deal is for construction works at the Wangchhu Hydroelectric Project. This includes diversion tunnels, gates, and cofferdams. The project is crucial for Bhutan's hydropower expansion plans. HCC has a long history of contributing to Bhutan's power capacity.

The Reserve Bank of India has maintained the repo rate at 5.25%. This decision comes as policymakers assess the effects of higher energy prices and supply chain issues. The ongoing West Asia conflict is a key factor. Home loans and business borrowing costs are expected to remain stable. Savers will likely see fixed deposit rates stay near current levels.

India is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This move is part of India's strategy to diversify energy sources amid disruptions to global oil supplies caused by the West Asia conflict. Venezuela's vast oil reserves make it a key player in India's efforts to secure stable crude supplies.

A former IIM graduate earning Rs 60 LPA resigned from his corporate job seeking freedom. Initially liberated, he now faces an emotional void and lack of structure. He reflects on work providing identity and routine. The graduate is exploring new paths but misses the corporate rhythm. He questions if clarity emerges or if necessity leads back to structured employment.

The Reserve Bank of India has raised its inflation forecast to 5.1% due to rising energy prices and an uncertain food outlook. Governor Sanjay Malhotra warned that higher input costs could further pressure CPI inflation. Petrol and diesel price hikes are expected to directly impact headline inflation in the coming months.

Vicky Kaushal, now a bankable Bollywood star, revealed his shift from engineering to acting. Despite an engineering degree, he felt a disconnect, choosing a film career fueled by a passion for storytelling. His gamble paid off, leading to blockbuster hits like Uri, Chhaava and many more. Read on!

industrialist Harsh Goenka's video on X showing Chinas vast floating solar panels installation calling it mind boggling, has triggered reactions online. The clip highlights Chinas large-scale push into offshore solar energy, sparking conversations on innovation, clean energy expansion, and engineering scale.

A fire erupted on the 12th floor of a Noida residential building in Sector 75. The entire building was evacuated as a safety measure. Chief Minister Yogi Adityanath has taken note and ordered immediate relief and rescue operations. Another fire was reported in Sector 52. No casualties have been reported in either incident.

The US is optimistic about trade negotiations with India, with a bilateral trade deal remaining a priority for the Trump administration. State Department Spokesperson Tommy Pigott highlighted constructive discussions and the role of US Ambassador Sergio Gor in advancing trade and investment ties. Regarding immigration, Pigott stated visa laws are being applied consistently and globally, ensuring clarity for all countries.