The Economic Times
Elections 2026Economy / The Economic Times
The Supreme Court has dismissed Congress leader Meenakshi Natarajan's plea against the rejection of her Rajya Sabha nomination papers. Natarajan stated that seat theft has occurred and the party is ready to fight. The court cited the availability of election petitions as a remedy. Three BJP candidates were declared elected unopposed from Madhya Pradesh.
US private equity firm Warburg Pincus is preparing to buy Japanese student housing provider J.S.B. The deal is valued at over one billion dollars. Warburg Pincus has already secured agreements with J.S.B.'s major shareholders. This move marks Warburg Pincus' first take-private deal in Japan since establishing its Tokyo office. The acquisition is expected to be announced soon.
The BJP claims a document signed by 20 Trinamool Congress Lok Sabha MPs indicates a eal TMC led by Kakoli Ghosh Dastidar, not Mamata Banerjee and her nephew. BJP spokesperson Shehzad Poonawalla alleged an implosion within TMC due to dynastic politics, stating the party has moved away from Mamata Banerjee.
Popular culture often presents emotional unpredictability as thrilling, mysterious or even romantic. Psychological research, however, points in a different direction. Studies consistently show that emotional stability, trust and reliable communication are far more closely linked to healthy, satisfying and long-lasting relationships.
India has provided 20,000 measles vaccine doses and three tonnes of medical supplies to the Maldives. This assistance aims to address increasing measles cases and boost immunisation coverage. The Maldives expressed gratitude for the timely support, highlighting strong bilateral ties. This action reinforces India's commitment as a regional first responder and its Neighbourhood First policy.
Chhattisgarh secured investment MoUs exceeding Rs 9,500 crore from seven companies. This initiative is projected to generate more than 7,800 employment opportunities. Investments are targeted in sectors such as pharmaceuticals, solar component manufacturing, and dairy. The state's Chief Minister highlighted the successful implementation of new industrial policies, attracting significant proposals. Investors are encouraged to contribute to the state's growth.
India has reiterated its strong commitment to Central Asia. Minister of State Kirti Vardhan Singh highlighted this at a conference in Dushanbe, Tajikistan. India sees Central Asia as a vital partner for regional connectivity, security, and prosperity. The nation will host the first SCO Civilisation Dialogue Forum in Kolkata next month. This engagement deepens India's ties with the region.
ESAF Small Finance Bank has achieved a significant milestone. Its total business has now surpassed Rs 50,000 crore. Deposits reached Rs 26,197 crore and advances stood at Rs 23,832 crore. The bank also reported a net profit of Rs 24 crore for the fourth quarter ended March 2026. Asset quality improved with lower NPAs.
TN DCCB house loan: Tamil Nadu residents can now access housing loans up to Rs 10 lakh. The scheme, offered through District Central Cooperative Banks, supports building new homes, undertaking repairs, or extending existing properties. Eligibility is open to all Tamil Nadu residents for housing-related purposes. The application process is offline, requiring a visit to the nearest DCCB branch.
The United States is set to significantly reduce its aircraft and warships available for NATO operations in Europe, impacting long-range strike and surveillance capabilities. This move includes cutting fighter jets, reconnaissance planes, and aerial refuelling tankers. NATO acknowledges a historical over-reliance on US forces, suggesting a shift towards greater European and Canadian defence contributions.
Ancient Roman wisdom highlights how we often suffer more in our minds than in reality. Worrying excessively about the future and trying to control life can steal present joy. This timeless advice reminds us that peace comes from living in the moment, not just planning for it. Embracing uncertainty leads to a more fulfilling existence.
A woman, using aliases like Jhanvi and Riya, allegedly ran a fake domestic help racket. Families seeking house helps were defrauded after paying advance fees. The scam was uncovered when a maid disappeared from a Delhi home. Police arrested two individuals, including the alleged mastermind, and are investigating further to identify more victims.
Women are becoming India's growth engine with over 3 crore women-led enterprises registered under Udyam Portal, said FM Nirmala Sitharaman in a series of tweets on Friday.
A viral video shared by Maric's Harsh Mariwala showcased how China is transforming banana stalks into eco-friendly denim, sparking questions about India's potential. With vast banana production, India could leverage this renewable resource to boost farmer incomes and create rural jobs in sustainable textile manufacturing, mirroring global circular fashion trends.
India's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, theres a surge in potential clients ready to invest. New IPOs are fostering considerable wealth for entrepreneurs. As a result, banks, startups, and major corporations are racing to capitalize on this high-margin, fee-based environment.
Italian Proverb of the Day: Dante Alighieri's famous line, 'Love, that moves the sun and the other stars,' reveals love as the universe's driving energy. This force extends beyond romance, encompassing kindness, purpose, and connection. It inspires growth, helps overcome challenges, and creates lasting impact. In today's world, this timeless message reminds us of what truly matters.
A land dispute between Salman Khan and his neighbor, Ketan Kakkad, has escalated into a lengthy legal battle involving allegations of encroachment and blocked access. The Bombay High Court recently addressed social media posts by Kakkad targeting Khan, questioning the airing of grievances online and suggesting the removal of content.
Life's inherent chaos often leads individuals to seek comforting distractions, as highlighted by Adrien Brody's quote from 'Detachment.' The film and Brody's career demonstrate how art and personal pursuits can offer necessary respite and perspective amidst life's complexities. These pauses are not escapes but vital tools for navigating reality with greater balance.
The Enforcement Directorate has filed a charge sheet against former Reliance executives Amitabh Jhunjhunwala and Amit Bapna. They were arrested in April 2026 in a bank loan fraud and money laundering case. The charge sheet names 55 accused individuals. The document will be presented to a judge on July 1. The accused were remanded to judicial custody after interrogation.
Creative-led digital agency Liqvd Asia is leveraging artificial intelligence and acquisitions for growth, aiming to provide faster, personalized advertising. The company plans to use IPO proceeds to acquire the remaining stake in performance marketing firm AdLift and establish a video content production hub, enhancing integrated offerings for clients.
The National Consumer Disputes Redressal Commission has granted temporary relief to Salman Khan. Proceedings against the Bollywood actor in a misleading pan masala advertisement case have been stayed. The commission issued an interim order while hearing an appeal. This stay provides a respite for Khan as the case moves forward. Further hearings are scheduled soon.
The National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes existed regarding service quality and payment deductions. Empire Transport Services Ltd had claimed operational dues. However, the NCLT cited breaches of contractual obligations by the service provider. This ruling prevents the initiation of insolvency proceedings.
Pakistan plans to boost donkey meat and product exports to China. The nation sees a growing market there for donkey meat, milk, and gelatin, valued for health benefits. New agreements are in place to facilitate this trade. This initiative aims to create jobs and boost the economy. The donkey population in Pakistan has also seen a slight increase.
Britain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister Keir Starmer as he grapples with a political crisis. We expect the economy to continue to fade as the year goes on, and particularly for as long as there is no lasting peace deal in the Middle East, he added. ajb/cw
Indian households are reportedly shifting savings back to bank deposits due to weak stock markets and geopolitical concerns. This trend could benefit lenders facing intense competition for credit demand, as bank credit growth outpaces deposit increases. The move signals a potential return to traditional fixed deposits amid equity market volatility.
India has removed the licence requirement for automotive radar sensors operating in the 77-81 GHz frequency band, paving the way for wider adoption of advanced driver-assistance and autonomous driving technologies.
Filmmaker Ram Gopal Verma lauded the low-budget horror film Obsession. He stated its success challenges Indian cinema's focus on stars and massive budgets. Verma highlighted how director Curry Baker achieved remarkable impact with minimal resources. The film's innovative techniques and emotional rawness prove cinematic power lies in execution, not just scale.
Former RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign capital inflows. He argues these factors are difficult to reconcile with official data, suggesting a disconnect between headline numbers and business behavior. Rajan also highlights the lack of a clear economic roadmap and warns of vulnerabilities from the Middle East conflict.
An employee seeking a promotion experienced a moment of panic after waking from an evening nap. He believed he had overslept and missed his entire workday. A confused call to his boss revealed it was actually 7:46 PM, not AM. His manager found the situation amusing. The incident highlights the impact of stress and exhaustion on perception.
Scientists are stunned by HD 189733b, a blue planet 63 light-years away, resembling Earth but far more hostile. Orbiting its star in just two days, it endures scorching temperatures, supersonic winds, and glass rain. Its striking blue color stems from silicate particles scattering light, not oceans. This 'hot Jupiter' offers a stark reminder of the universe's dangerous beauty.
Discover a world of culinary herbs beyond the usual suspects like basil and mint. Many are easy to grow in pots and can elevate everyday meals with unique flavors from around the globe. From Mediterranean rosemary and thyme to Asian lemongrass and shiso, these herbs offer exciting new tastes and aromas for your home cooking.
As India cements its position in global apparel supply chains, structured lending is emerging as the critical enabler and Syndicate Finance's 75 Crore facility to Clever Hunt Private Limited illustrates why.
Bank lending saw its fastest growth in almost two years by May 31, 2026. Credit expanded significantly, reaching Rs 215.2 lakh crore. This surge occurred as bank deposits decreased by Rs 2.3 lakh crore. The gap between loans and deposits widened. Oil marketing companies and government schemes contributed to higher credit demand. Deposit growth lagged behind credit expansion.
A lost pen led to a powerful lesson in integrity from JRD Tata. A Tata Steel executive found an identical pen in London and gifted it to Tata. Tata, though delighted, returned the pen. He explained he never accepted gifts from colleagues to prevent pressure. His decision showed personal accountability matters even when no one is watching.
Amazon is relying largely on charging infrastructure at its own delivery stations to power its growing electric vehicle fleet in India, even as it works with partners to expand charging networks and greener transport options.
Moroccan Proverb of the Day: Ibn Battuta's famous quote, Travelling leaves you speechless, then turns you into a storyteller, highlights the profound impact of exploration. His 14th-century journeys across vast distances offered rare moments of awe, transforming him into a legendary narrator of his experiences and offering timeless lessons on growth and curiosity.
Australia's federal court has imposed a record A$300.2 million fine on Union Standard and its representatives. The foreign exchange broker engaged in misconduct between 2018 and 2020. They targeted inexperienced investors, pressuring them to deposit more funds. This action resulted in millions of dollars in losses for customers.
CBSE 10 Second Board Result 2026: Students awaiting their CBSE Class 10 Second Board Result 2026 can anticipate its release this June. Introduced to offer a second chance for score improvement, this exam cycle saw over six lakh registrations. Results will be accessible via official CBSE websites, DigiLocker, and UMANG. Keep the admit cards handy for a smooth process.
Somvati Amavasya 2026 Mein Kab Hai: Somvati Amavasya in June 2026 falls on Monday, June 15. This auspicious occasion is dedicated to worshipping Lord Shiva and Goddess Parvati. Devotees will perform holy bathing and charitable activities during Brahma Muhurta. Special Yogas like Sarvarth Siddhi Yoga are also expected. The day holds immense religious importance for prosperity and peace for ancestors.
HVR Solar Ltd is establishing a 1.2 GW TOPCon solar cell manufacturing line in Uttar Pradesh through strategic MoUs signed at SNEC PV Power Expo 2026. Partnering with global technology providers, the facility aims to boost India's domestic renewable energy supply chain, reduce import reliance, and create over 500 local jobs.
Seven new Shigella infections have been confirmed among students in Wayanad, Kerala, bringing the total to 16. Health officials are intensifying surveillance and preventive measures, stating all infected children are in satisfactory condition. The outbreak is linked to contaminated well water at a local school.
Elvis Presley, a global icon, transformed music and culture with his unique blend of genres. Despite immense fame, he admitted to persistent stage fright, viewing it as a motivator for consistent, high-energy performances. His perspective emphasizes humility, professionalism, and approaching every new challenge with fresh effort, a lesson applicable beyond entertainment.
African proverb of the day highlights a Zimbabwean saying that explores relationships, trust, infidelity, comparison and human nature. The proverb explains why people often admire what belongs to others while overlooking the value of what they already have. Its message encourages appreciation, loyalty and effort in personal relationships instead of envy and unhealthy comparisons.
Apsara Ice Creams, founded in Mumbai in 1971, crafts over 50 hand-churned ice cream varieties. Using fresh buffalo milk and real ingredients, the brand avoids preservatives. From its humble beginnings, Apsara has grown, introducing popular flavours like Roasted Almond and even a unique pani puri ice cream. This traditional approach ensures a rich and creamy texture for every scoop.
Banks are aggressively increasing interest rates on NRI dollar deposits. This move follows a special RBI dispensation to boost foreign currency inflows. Several lenders are now offering over 7 percent on US dollar FCNR(B) deposits. This initiative is expected to attract significant foreign currency into India. The competition among banks is intensifying to secure these valuable overseas funds.
A Lucknow-Delhi IndiGo flight, carrying approximately 180 passengers, was delayed on Friday due to a hoax bomb threat. A tissue paper with omb written on it was discovered in the aircraft's lavatory, prompting a security check. No actual explosive was found, and legal and security procedures are ongoing.
Actor Anupam Kher shared a unique experience where a simple ad shoot became a vivid football fantasy. He imagined representing India in a World Cup scenario, showcasing the power of creativity. This imaginative moment resonated with fans during the ongoing FIFA World Cup 2026 season. Kher encouraged everyone to let their imagination score winning goals in life.

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