The Economic Times

Deloitte India is on track to claim the title of the nation's premier professional services provider by 2028, fueled by an expansion strategy that includes doubling its workforce to 100,000 and aiming for $5 billion in revenue. Through Project Bharat, the firm is not only targeting larger corporations but also reaching out to small businesses and innovative startups.

India's external accounts are under strain. The current account deficit is widening, and capital may flow out. The rupee has weakened significantly. Policymakers are considering various measures beyond interest rate hikes to stabilize the currency. These include incentives for foreign deposits and liberalizing capital inflows. State-owned banks may also issue foreign currency bonds.

IPL 2026: Royal Challengers Bengaluru secured a playoff berth by defeating Punjab Kings by 23 runs. Virat Kohli and Venkatesh Iyer scored half-centuries, setting a target of 222. Bhuvneshwar Kumar's early bowling spell crippled Punjab Kings. The team's batting faltered, leading to their sixth consecutive loss and near elimination from the tournament.

Entertainment Network India, or ENIL, saw its revenue climb to 565 crore in FY26. This growth was powered by its digital business, which expanded significantly. The company's radio advertising market faced challenges. ENIL's digital segment now contributes substantially to its overall revenue. The company maintained a strong financial position and recommended a dividend.

Single-screen theatre owners in Telangana face financial crisis. They propose a revenue-sharing model to distributors. This comes amid weak box-office collections and high operating costs. National chains already use a percentage-based model. Producers also feel pressure from rising star fees and fewer releases. Pan-India film ambitions impact regional content and theatrical windows.

Abhishek Porel and KL Rahul's fluent half-centuries powered Delhi Capitals to a five-wicket victory over Rajasthan Royals. The opening pair's 105-run stand set the stage for the chase, with Axar Patel's unbeaten 34 sealing the win in 19.2 overs. Delhi successfully overhauled RR's competitive total of 193.

Four of the newly empanelled executive directors - Gunveer Singh, Monisha Chakraborty, Suman Ray and Sudhakar Malli - belong to the common seniority group (CSG) cadre, while Ravi Shankar is from the department of statistics and information management (DSIM) cadre.

Jannik Sinner made history by becoming the first Italian man to win the Italian Open in 50 years, also achieving the rare feat of winning all nine Masters 1000 events. His dominant 6-4, 6-4 victory over Casper Ruud extended his winning streak to 29 matches, positioning him as a strong favorite for the upcoming French Open.

Regulators are examining overseas investments by Indian companies. The Reserve Bank of India is seeking details on the purpose and structure of these foreign ventures. This scrutiny follows a significant increase in overseas direct investment outflows. Companies must demonstrate genuine business intent for these investments. The RBI aims to ensure funds are used appropriately and profits are repatriated.

Jio Studios will invest 4,000-5,000 crore in content over the next three years. This marks a significant increase from previous investments. The company has seen success with blockbuster films like the Dhurandhar franchise. Jio Studios focuses on building scale and reaching a wide audience. Long-form storytelling, especially theatrical releases, remains a key strategy.

Demand for premium alcohol in India remains robust despite global challenges, says Diageo India's managing director Praveen Someshwar. However, increasing costs for packaging and energy are impacting profit margins, he adds.

Muthoot Fincorp is gearing up for a monumental 4,000 crore IPO, seeking to ignite its expansion plans and harness the momentum of its current growth trajectory. With an optimistic eye on the future, the company is poised to navigate market fluctuations and continue its upward path. The funds raised will be pivotal in propelling further innovations and initiatives.

Small auto component suppliers are facing severe financial strain. They are urging major car makers to help manage rising wages, energy, and raw material costs. Suppliers also seek long-term partnerships over transactional deals. Industry bodies are pushing for faster price revisions and payments. This situation threatens the survival of many small businesses vital to India's auto sector.

UDF finalized its Cabinet list after two days of discussions, with CM-designate VD Satheesan submitting it to the Kerala governor. The full Cabinet, including the CM, is scheduled for swearing-in on Monday. Satheesan was announced as the Congress Legislature Party leader and next chief minister on May 14.

Jaguar Land Rover is implementing a three-part recovery plan following its worst annual net loss in five years. The strategy targets reducing procurement and warranty expenses while enhancing digital systems. The company aims to restore its cash break-even point and achieve significant savings. New electric vehicle launches are expected to drive future growth.

Senior lawyers are leaving top Indian law firms for faster leadership roles. Firms are hiring experienced lawyers with client bases to boost key practices. This trend signals a shift from traditional loyalty. More high-profile moves are expected soon. Firms are adapting by adjusting leadership and succession plans.

In a surprising turn of events, Ambuja Cements, part of the Adani Group, has put in a bid of Rs 580 crore for Jaypee Cement. However, this bid falls short of the company's liquidation value, prompting lenders to engage in discussions with Ambuja for a more favorable offer.

A Pakistani terrorist, Mohammed Usman Jatt, infiltrated Jammu and Kashmir for Lashkar-e-Taiba. He paused his terror mission to get a hair transplant in Srinagar. Jatt told interrogators that life in Kashmir differed from his training. He crossed the border with instructions for attacks but witnessed a different reality. The NIA is investigating the case.

CBI has arrested nine individuals, including alleged kingpins, in connection with the NEET-UG 2026 paper leak. The agency is actively seeking the source of the leak and is investigating the larger conspiracy involving an organized paper leak gang. Several co-accused are yet to be identified and apprehended.

A drone attack in the Moscow region has claimed the life of one Indian national and injured three others. The incident occurred during a large-scale Ukrainian drone raid. India's Embassy in Russia is working with local authorities and the company involved to provide assistance to the victims.

Bharti Enterprises will pare its stake in the company to 25% from 85% while 360 One Asset Management will sell its entire 15% holding and exit the venture, the companies announced on Sunday.

Dabur's CEO Mohit Malhotra says the West Asia war has impacted the gains from GST measures. The company is raising prices and acquiring digital brands. Inflation has surged due to the conflict. Dabur expects value growth to continue for two quarters. Rural markets are a key focus. The company is also investing in smaller brands through Dabur Ventures.

Quote of the day by Mae West shares a short line about love, wealth, relationships, marriage, peace and pain. The quote says love conquers many problems but not poverty and toothache. This explainer looks at the meaning, relevance, and life lessons from the quote. It also explains the life and career of Mae West and how her words connect with real life today.

Union Minister Amit Shah visited Gandhinagar, Gujarat. He stated West Bengal's development has stalled for fifty years. Shah inaugurated several development projects in Gujarat. These included a tech park, a global capability center, and a milk processing plant. He highlighted Gujarat's structured development model and entrepreneurial spirit. Shah also emphasized the dairy sector's role in women empowerment.

Deloitte Indias leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platforms and innovation-led businesses and that it is building the business of tomorrow today.

India's exports expanded significantly last fiscal year. New product and country combinations generated over $200 million in new trade. Ships, telecom instruments, and agri-products saw growth in new markets. This diversification shows a shift towards higher-value manufacturing and technology. Exports to Northeast Asia and Latin America also surged, indicating growing global demand for Indian goods.

India must avoid depending on one country for nuclear technology. NTPC chairman Gurdeep Singh stresses domestic control for nuclear projects. The company aims for 30 GW nuclear capacity by 2047. Large reactors are preferred over small modular ones. Repurposing old thermal plant sites is also suggested. Public outreach on nuclear safety is crucial for expansion.

Census 2027 field operations are underway, with enumerators conducting house-to-house surveys in multiple states. A self-enumeration facility is also available, allowing residents to participate digitally. This marks a significant step towards digitising the census process.

Quote of the day by Nikola Tesla shares a statement about inventions and married men. The story explains Teslas life, inventions, struggles, relationships, and achievements. It explores lessons about work, success, science, and personal choices. The article also covers Teslas journey from Europe to the United States and the impact of his work on modern technology.

Marriage is often described as a bond of love, trust, and partnership, but it also carries emotional pressure, shared responsibility, and constant effort from both individuals involved. This idea is captured in a well-known line attributed to 19th-century French writer Alexandre Dumas fils. The quote uses the metaphor of chains to express how marriage can feel like a heavy shared burden that requires balance, patience, and cooperation between partners to sustain.

JSW Steel plans to double its capacity with minimal external capital, driven by strong domestic demand and a focus on maintaining market share. The company's confidence stems from structural improvements in its EBITDA floor and efficient brownfield expansion, ensuring robust internal cash generation to fund growth.

Classified intelligence suggests Cuba has acquired over 300 military drones and is discussing plans to attack U.S. interests, including the Guantanamo Bay base and potentially Florida. This development escalates tensions amid speculation of U.S. military action against the island, with Havana denouncing the reports as an anti-Cuban campaign.

The psychology behind women falling asleep around their partners suggests that the behavior is often linked to emotional safety, trust and a relaxed nervous system. In a world where many people remain under constant stress or emotional vigilance, feeling calm enough to fully rest beside someone can become a strong sign of comfort, security and emotional connection.

CIDCO is inviting bids for its new Integrated Logistics Park in Navi Mumbai. This large project will support warehousing and cargo handling. It is strategically located near key infrastructure like JNPT and the upcoming Navi Mumbai International Airport.

Rumis famous line from A Great Wagon resonates centuries later because it captures emotions that remain deeply human, love, heartbreak, distance and the desire for peace beyond conflict. The poem imagines a space beyond blame, ego and emotional battles, where people can reconnect with honesty and understanding. Through simple yet deeply reflective lines, Rumi explores themes of healing, unconditional love, spiritual awakening and emotional truth, which is why readers across generations still fin

F. Scott Fitzgerald, through The Great Gatsby, emphasized cherishing well-wishers while they are alive, not just in retrospect. This timeless message urges present-day gratitude and appreciation for those who support us. Fitzgerald, a celebrated Jazz Age author, achieved posthumous fame for his iconic works.

Gujarat is boosting its technology and services sector, with Ahmedabad being positioned as a global hub for innovation and high-skilled services. A new integrated IT special economic zone, Million Minds Tech City, is being planned. This project aims to create world-class infrastructure and over 70,000 jobs. It looks to attract global corporations and GCCs to Ahmedabad.

Prime Minister Narendra Modi held talks with Swedish counterpart Ulf Kristersson in Gothenburg. The meeting focused on strengthening bilateral ties and exploring new partnerships between the two nations. They discussions covered trade, technology, defence, and green transition. The visit is part of Modi's European tour.

The first Tunnel Boring Machine cutterhead has been lowered in Vikhroli for the Mumbai-Ahmedabad bullet train project. This marks a significant step in constructing a 16-kilometer tunnel section. The project includes India's first undersea rail tunnel. These machines are the largest used for rail tunnel construction in the country. The TBM will excavate a 6-kilometer stretch towards Bandra Kurla Complex.

A viral social media post questions the emphasis on protein-rich diets. It shares the story of a Chennai resident's grandfather who lived to 103 on a traditional South Indian diet. This diet included fenugreek seeds and curd, with meals like idli, dosa, sambar, and sundal. The post suggests these foods provide adequate protein for healthy living.

African proverb of the day shares a message about relationships, romance, wealth, and trust. It explains how small actions create strong bonds. The proverb shows that care, effort, and attention matter more than expensive gifts. It also connects love with patience, honesty, and daily effort. This message continues to guide people who want stable and healthy relationships.

An office 'mum' who generously stocked her desk with snacks and emergency supplies for colleagues stopped restocking when her efforts went unappreciated. Her colleagues expressed disappointment, highlighting how people become accustomed to kindness without acknowledging the effort. The user concluded it was good she prioritized herself, a sentiment echoed by viral reactions.

The Ministry of Education has addressed concerns regarding Class 12 exam scores and On-Screen Marking. Officials stated that OSM is a transparent evaluation method used globally. The CBSE has also reduced re-evaluation charges. Special attention was given to ensure accurate marking through this system. This move aims to build confidence among students and parents.

International Atomic Energy Agency said emergency diesel generators were providing power to the plant's unit 3, and called for maximum military restraint near any nuclear power plant, adding that it was following the situation closely.

Chinese Studies expert at Jawaharlal Nehru University, Professor Srikanth Kondapalli, broke down the long-term regional stability implications of US President Donald Trump's state visit to Beijing on May 13-15, emphasising that Taipei maintains high-tech operational military hardware capable of striking deep inside the mainland.