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The Economic Times

Economy / The Economic Times

Ladakh clinches deal with Centre in 7 years, J&K parties say it took 70 and still failed

Ladakh's representatives have secured an in-principle understanding with the Centre for constitutional safeguards. Jammu and Kashmir parties acknowledge this success. They contrast Ladakh's achievement with their own region's prolonged struggle for similar rights. Leaders express disappointment over the decades-long inability of J&K leadership to secure these aspirations. The focus remains on the ongoing demand for statehood and Article 370 restoration.

24 May 2026 11:56 pm
India shortlists three private firms to build next-gen stealth fighter jets

Tenders are soon going to private companies for India's next-generation fighter jet program. Tata Advanced Systems, Larsen & Toubro, and Bharat Forge are shortlisted. They will develop five prototypes. A new facility in Andhra Pradesh will support this. The goal is to have prototypes flying by 2032. The Indian Air Force plans to order 120 jets later.

24 May 2026 11:52 pm
Meta layoffs: I asked to be laid off during company-wide 8,000 job cuts, says ex-employee

A former Meta employee voluntarily sought to be part of recent layoffs. Her personal career goals no longer matched the company's direction. She had worked at Meta for six years. The company is undergoing restructuring and focusing on artificial intelligence. She learned AI tools but believes worker protections need collective action. She plans a break before seeking new opportunities.

24 May 2026 11:33 pm
One money mistake and 70% salary lost: CA warns about the financial trap that makes 'wealth creation' difficult

Chartered Accountant Nitin Kaushik has warned that many salaried professionals are losing control of their finances because expenses move faster than income. In a recent post, he said urban workers often commit nearly 70% of their salary to EMIs, rent, and credit card payments within the first 10 days of the month. Kaushik added that treating investments as a leftover activity instead of a fixed priority is hurting long-term wealth creation.

24 May 2026 11:24 pm
How Congo is battling an Ebola outbreak complicated by aid cuts, armed rebels and anger

Ebola treatment centers in eastern Congo are being attacked. This violence stems from deep-seated issues like rebel conflict and displacement. International aid cuts have weakened health facilities. Local communities are angry, complicating efforts to control the outbreak. Authorities are implementing new burial protocols and increasing security.

24 May 2026 11:23 pm
Hezbollah chief says hopes for Iran-US deal and that it includes Lebanon

Hezbollah chief Naim Qassem expressed hope Sunday for an agreement between Iran and the United States and that Lebanon, where Israel and the Iran-backed group are at war, would be part of its terms. Qassem said that Iran, which has provided Hezbollah with funding and weapons for decades, is on top and would emerge from the regional war with its head high.

24 May 2026 11:18 pm
Before ACs and coolers, Indias oldest cooling hack was a humble grass. It can also keep stress at bay

Long before air conditioners, Indians used fragrant khus grass curtains to cool homes, releasing a fresh scent when wet. This indigenous grass, known as vetiver, also offers health benefits, aiding digestion and providing relief for various ailments. Its roots are the source of its refreshing properties and earthy aroma.

24 May 2026 11:15 pm
Failed NEET but made it to Ivy League: Indian woman shares journey to biotech career in US

An Indian woman, Pragya Gupta, shared her inspiring journey of overcoming a NEET exam failure from nearly a decade ago. She detailed how, after not clearing the exam in 2016, she pursued a different academic path, earning an Ivy League degree and building a successful career in corporate biotech in the US, proving one exam doesn't define a future.

24 May 2026 10:49 pm
Quote of the day by Socrates: 'Falling down is not a failure. Failure comes when...' Life lessons on success, hardships, human behavior by ancient Greek philosopher

Quote of the day by Socrates speaks about failure, struggle, growth, and recovery in life. The quote explains that mistakes and setbacks are part of human experience. Real failure begins when a person stops trying to improve. The words linked to Socrates continue to guide people dealing with hardship, success, human behavior, and personal growth. The quote also connects with the teachings and philosophy of the ancient Greek thinker.

24 May 2026 10:33 pm
Pakistan eyes Gulf-backed oil reserve hub at Gwadar amid Strait of Hormuz tensions

Pakistan is encouraging Persian Gulf oil producers to establish crude reserve buffers at its planned Energy City near Gwadar Port. This initiative aims to create strategic reserves for emergency use, as Pakistan currently lacks such buffers. Kuwait has already shown interest in this proposal, which also includes LNG and LPG terminals.

24 May 2026 10:29 pm
Zero tolerance for terror, de-risking global economy: Jaishankar lists India-US common ground as US marks 250 years of independence

India and the United States are strengthening their strategic partnership. External Affairs Minister S Jaishankar met with US Secretary of State Marco Rubio. Both nations share a commitment to fighting terrorism. They also aim to de-risk the global economy and offer more choices. Shared democratic and economic values underpin this growing alliance.

24 May 2026 10:25 pm
Employee resigns from toxic job after months of frustration. Boss makes unexpected request to do 'one last thing'

A nursing home employee shared on Reddit that they quit their front desk job after months of being blamed for dementia patients wandering out of the facility. The worker alleged there were no proper safety systems in place and claimed management failed to provide support despite repeated incidents. The situation escalated when the employee resigned during another resident elopement incident, only for the facility director to reportedly ask them to return and fix a frozen timeclock before leaving

24 May 2026 10:24 pm
Shah Rukh Khan's co-star was once a banker. Today, he's known as 'Mahanayak' of Marathi cinema, made his Cannes debut at 78. Who is Ashok Saraf?

Veteran actor Ashok Saraf, a celebrated star in Marathi cinema and Bollywood, recently made history at Cannes with his wife Nivedita. With over six decades in the industry and a prolific filmography, Saraf is renowned for his versatile performances, blending humor and emotion effortlessly. He proudly represented Maharashtrian culture on the international stage.

24 May 2026 9:52 pm
Delhi Traffic Police registers 1,170 FIRs, over 12,000 challans in wrong-side driving crackdown

Delhi Traffic Police launched a rigorous two-day operation, registering 1,170 FIRs and impounding 1,179 vehicles to combat dangerous wrong-side driving. Over 12,000 challans were issued, highlighting the severe safety risk this practice poses. Authorities are taking strict legal action, including vehicle seizure and prosecution, to ensure public safety and smooth traffic flow.

24 May 2026 9:41 pm
Government allocates 8,606 tonnes of raw sugar exports to the US

The quantity of 8606 MTRV (metric tonnes raw value) raw cane sugar to be exported to USA under TRQ scheme from 01.10.2025 to 30.09.2026 has been notified, the DGFT has said in notification.

24 May 2026 9:37 pm
Maharashtra's Brahmapuri hottest in country at 47.2 degrees, heatwave to persist: IMD

Scorching heat gripped many Indian states on Sunday. Brahmapuri in Maharashtra recorded the highest temperature at 47.2 degrees Celsius. Delhi, Rajasthan, Uttar Pradesh, Haryana, and Punjab also experienced severe heatwave conditions. While some relief is forecast from May 29, heatwave conditions are expected to persist in Central and Northwest India for another week.

24 May 2026 9:32 pm
Manipur DGP Rajiv Singh appointed Secretary (Security); Ladakh Police chief Mukesh Singh likely to replace him

The Appointments Committee of the Cabinet (ACC) has approved the transfer of Director General of Police (DGP), Ladakh, Mukesh Singh, to Manipur on inter-cadre deputation for a period of three years.

24 May 2026 9:31 pm
States can submit applications from June 1 for industrial parts under BHAVYA scheme

States can now apply for the Rs 33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA) scheme to establish industrial parks. The first selection window opens June 1, aiming to develop 100 plug-and-play parks nationwide. Applications will be evaluated on connectivity, infrastructure, and industrial ecosystem, with land provided by state governments or private developers.

24 May 2026 9:24 pm
Disney's new 'Star Wars' film opens with an estimated $165 million worldwide

The new Star Wars movie, The Mandalorian and Grogu, has grossed 165 million dollars globally. In the US and Canada alone, it brought in 102 million dollars. This opening weekend performance exceeded expectations. The film follows a bounty hunter and his young companion. It is the latest installment in the popular Star Wars franchise.

24 May 2026 9:15 pm
Movie dialogue of the day by Denzel Washington 'The loudest one in the room is the weakest one in the room...' - The American Gangster dialogue explains how silence often signals real strength

Denzel Washingtons dialogue from the 2007 film American Gangster explores the idea that true strength often comes from calmness, restraint, and emotional control rather than aggression or attention-seeking behaviour. Spoken by Washingtons character Frank Lucas, the line reflects his philosophy of staying disciplined and avoiding unnecessary visibility in a dangerous world where attracting attention can become a weakness.

24 May 2026 8:58 pm
Delhi Gymkhana members to move court against Centre's eviction order

Members of the historic Delhi Gymkhana Club are launching a signature campaign. They aim to legally challenge the Centre's order to vacate their Lutyens' Delhi premises by June 5. The club, a century-old institution, received the notice from the Land and Development Office. This move has caused shock and concern among its prominent members regarding the club's future.

24 May 2026 8:49 pm
Education Minister Dharmendra Pradhan, Finance Minister Sitharaman discuss CBSE payment gateway overhaul; 4 PSU banks to assist

Union Education Minister Dharmendra Pradhan has initiated a significant overhaul of the CBSE payment gateway system. This move follows widespread complaints from students and parents regarding failed transactions and fee issues. Four public sector banks will now collaborate with the CBSE to strengthen its payment infrastructure.

24 May 2026 8:46 pm
Attacks on Ebola treatment centers are one of several problems affecting Congo's outbreak response

In the Eastern Congo, a troubling surge of Ebola is compounded by deliberate attacks on medical facilities, igniting frustration among the populace after years of conflict and state neglect. Aid reductions have crippled healthcare systems, and the Bundibugyo strain poses a unique challenge without any available vaccine.

24 May 2026 8:32 pm
Marco Rubio meets NSA Doval, discusses defence, security and strategic tech cooperation including TRUST initiative

US Secretary of State and National Security Advisor Marco Rubio met with Indian NSA Ajit Doval to bolster defense, security, and strategic technology cooperation, including the TRUST initiative. Discussions also covered regional and global developments, reaffirming the strong India-US Comprehensive Global Strategic Partnership.

24 May 2026 8:19 pm
President Murmu to confer 66 Padma awards on Monday

President Droupadi Murmu will present 66 Padma awards on Monday. The ceremony will honor two Padma Vibhushan, six Padma Bhushan, and 58 Padma Shri awardees. A total of 131 Padma awards have been approved for 2026. The awards recognize extraordinary contributions from ordinary Indians across various fields. Many recipients are unsung heroes who have overcome personal hardships to serve society.

24 May 2026 8:18 pm
Police busts terrorists' hideout in Jammu and Kashmir's Chandoosa; huge cache of explosives recovered

Acting on a specific intelligence generated by J&K Police, an operation was launched by police with 52 RR, CRPF 53 Bn and SSB 2 Bn, according to a release.

24 May 2026 8:03 pm
Rajasthan Royals roar into playoffs, crush MI by 30 runs in Wankhede

Rajasthan Royals defeated Mumbai Indians by 30 runs in Mumbai to secure a place in the IPL play-offs. RR posted 205/8, powered by Jurel, Shanaka, and Archer after early setbacks. Mumbai Indians collapsed to 175/9 despite resistance from Will Jacks. RRs disciplined bowling ensured regular breakthroughs, sealing a crucial win and confirming their qualification in style.

24 May 2026 7:56 pm
DMRC expands global outreach, forms international arm to pursue overseas metro projects

The Delhi Metro Rail Corporation (DMRC) is expanding its horizons by seeking international collaboration for infrastructure enhancements. Nations such as Israel, Egypt, and Kenya are keen to partner on these initiatives. To facilitate these global endeavors, DMRC has established a new entity - Delhi Metro International Limited.

24 May 2026 7:53 pm
Trump calls Obamas Iran nuclear deal one of the worst ever made, vows Hormuz blockade until agreement signed

In a recent statement, US President Donald Trump conveyed optimism over the negotiations with Iran for a new nuclear agreement, highlighting that discussions are moving forward in a positive direction. He insisted that the blockade will remain intact until a final agreement is officially signed.

24 May 2026 7:51 pm
Centre pushed country into economic crisis: Akhilesh Yadav

The former Uttar Pradesh chief minister also attacked the Centre over rising prices of petrol and diesel and asked who was accountable for the state of the economy after 12 years in power, according to a Samajwadi Party (SP) statement.

24 May 2026 7:47 pm
'Purchase cheap oil, gas from Russia, Iran': Kejriwal expresses concern over fuel price hike

AAP national convenor Arvind Kejriwal on Sunday flagged long queues at petrol pumps in Gujarat and urged the Centre to purchase oil and gas from Russia and Iran at cheaper rates.

24 May 2026 7:43 pm
Delhi weather: IMD issues yellow alert, check next weeks forecast and safety precautions

Delhi experienced a scorching Sunday with the maximum temperature reaching 43.6C, significantly above the seasonal average. Several weather stations recorded even higher temperatures, indicating heatwave-like conditions. The forecast predicts continued heatwave conditions with strong winds for the next few days, with a possibility of light rain and thunderstorms later in the week.

24 May 2026 7:40 pm
Rajasthan: Heatwave conditions intensify; western disturbance likely to bring relief soon

Rajasthan is experiencing intense heatwave conditions, with temperatures soaring to 45-46 degrees Celsius in western parts. The Meteorological Department has issued a heatwave alert, forecasting dry weather and dust-laden winds for the next three to four days. Relief is expected from May 28-29 with thunderstorms and light rainfall.

24 May 2026 7:40 pm
India, US signal thaw as Jaishankar and Rubio hold candid talks to re-energise relations

India and the US are working to strengthen their relationship. Discussions covered trade, energy security, and terrorism. Both nations are committed to boosting cooperation in defense and technology. The US views India as a vital strategic partner. This engagement signals a renewed focus on mutual interests and global stability.

24 May 2026 7:29 pm
Indianapolis weather forecast: What time is the Indy 500, where to watch Indianapolis 500? Start time, channel, live streaming details

Indy 500: Four-time IndyCar Indianapolis 500 champion Alex Palou is the defending race winner.

24 May 2026 7:25 pm
Delhi government approves Rs 1,000 crore projects for Yamuna rejuvenation

The government led by Chief Minister Rekha Gupta, is working in mission mode for the rejuvenation of the Yamuna and the cleaning of the Najafgarh Drain, it said.

24 May 2026 7:25 pm
Gold, silver likely to remain rangebound as US-Iran negotiations near key stage: Analysts

Gold prices are expected to trade sideways next week. Silver, however, is likely to see gains. Traders are closely watching US-Iran negotiations for clues. Investors will also track US economic data and Federal Reserve policy. Crude oil prices saw a correction, easing some inflation worries. The rupee strengthened against the US dollar, limiting domestic gold price upside.

24 May 2026 7:25 pm
'Fastest man in India: Indian Navy hails Gurindervir Singh for his win at Federation Cup

Gurindervir, a Petty Officer of the Indian Navy, became the first Indian man to clock sub-10.10 seconds in the men's 100m, storming to victory with a sensational national record time of 10.09 seconds.

24 May 2026 7:23 pm
Nearly 5.49 lakh candidates appeared in civil services preliminary exam: UPSC

Nearly 5.49 lakh candidates appeared for the civil services preliminary examination, which saw the successful implementation of real-time face authentication for the first time. This technological advancement, along with mobile signal jammers, aimed to enhance the examination's integrity across 2,072 venues nationwide. The UPSC also announced the upcoming release of a provisional answer key.

24 May 2026 7:23 pm
Quote of the day by Heraclitus: 'Stupidity is better kept a secret than...' Life lessons on intelligence, human behavior and smartness by Greek philosopher

Quote of the day by Heraclitus highlights the value of silence, intelligence, and careful behavior in public life. The quote explains how actions and words can reveal a persons thinking. Greek philosopher Heraclitus used simple ideas to explain human behavior, reason, and balance in life. His statement remains relevant in modern society, workplaces, relationships, education, and social media discussions about smartness, wisdom, and communication.

24 May 2026 7:19 pm
Failed NEET in 2016, built a career in the US by 2026: Woman reveals the roadmap that led to success when all felt lost

An Indian woman named Pragya Gupta has gone viral after sharing how her life changed 10 years after failing NEET. In an Instagram video, she revealed that she now has an Ivy League degree, works in corporate biotech and lives in the US. Her post sparked conversations online about career pressure, exam failure and how life can take unexpected turns beyond competitive exams like NEET.

24 May 2026 7:04 pm
Trump doctor visit renews health scrutiny as 80th birthday nears

President Donald Trump is undergoing a medical examination at Walter Reed National Military Medical Center. This visit intensifies health-related scrutiny. The White House states it involves routine assessments. Trump's age and political challenges are highlighted. He has shown some visible signs of aging. His health has not yet become a political liability.

24 May 2026 7:01 pm
Netanyahu told Trump Israel will remain free to act against threats, Israeli source says

Israeli Prime Minister Benjamin Netanyahu informed U.S. President Donald Trump that Israel will retain freedom to act against threats in Lebanon during a call concerning a potential U.S.-Iran agreement. Trump indicated a memorandum of understanding is largely negotiated, aiming to reopen the Strait of Hormuz. Israel emphasized its right to act against threats, a principle Trump reportedly supported.

24 May 2026 6:55 pm
Odisha man disappears after 1994 murder; arrested 32 years later hiding in an underground chamber

Odisha man disappears after 1994 murder: A man accused in a 1994 murder case was arrested after evading police for 32 years by allegedly using fake identities, moving across states for work, and hiding inside a secret underground chamber built inside his house in Odishas Jajpur district. Police said they caught him after receiving a tip-off that he had returned to his village for a family function.

24 May 2026 6:55 pm