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The Economic Times

Economy / The Economic Times

Keystone Realtors targets pre-sales worth Rs 10,000 cr by FY30

Keystone Realtors aims for Rs 10,000 crore in pre-sales by 2029-30. The company achieved Rs 4,022 crore in pre-sales for FY25, a 33% year-on-year increase. Strong project launches and business development fueled this growth. Keystone Realtors plans expansion into Pune, Nagpur, and Nashik. The company is focused on disciplined execution and long-term value creation.

12 May 2026 7:03 pm
Iran's Revolutionary Guards hold military drills in Tehran as ceasefire teeters

Iran's Revolutionary Guards conducted military drills in Tehran. This preparation comes as US President Donald Trump warned of a potential collapse of a Middle East ceasefire. The exercises aimed to enhance combat readiness against perceived threats. The conflict, ongoing for over two months, has impacted global trade.

12 May 2026 7:02 pm
Why is BTC falling? Will Bitcoin price go up today as crypto market loses $23 billion amid Iran tensions and oil fears?

The crypto market lost nearly $23 billion in value within hours as Bitcoin price slipped below $81,000 and investor fear returned across global markets. The total crypto market cap dropped to $2.67 trillion while Bitcoin failed to break above a major resistance zone near $83,600. That rejection changed market sentiment quickly. Investors expected another bullish breakout. Instead, they saw hesitation.

12 May 2026 7:02 pm
The viral Immortal Snail meme is now a bizarre desktop game and you only get one life

The Immortal Snail meme became viral because of its simple but psychologically disturbing premise, which sparked endless debates online about survival strategies and loopholes.

12 May 2026 6:59 pm
NSE inks 80-year lease with MMRDA for 2.7-acre BKC land for Rs 1,684 crore

The National Stock Exchange of India has made a bold move by leasing a coveted 2.7-acre site in the bustling Bandra-Kurla Complex of Mumbai for the next 80 years, with a lease premium amounting to Rs 1,684 crore.

12 May 2026 6:56 pm
India celebrated Mothers Day with 13,039 cakes an hour and Rs 1 lakh-plus dinners: Swiggy

Mother's Day saw a significant surge in food delivery and dining out across India, with Swiggy reporting a 26.24% rise in food orders and a 71.8% jump in premium restaurant bookings. Consumers splurged on cakes and family dinners, with peak demand for cakes occurring between 7 pm and 8 pm.

12 May 2026 6:56 pm
U.S Stock Market today: S&P 500 stocks show signs of historic Wall Street crash, bear market but expert notes ray of hope

U.S. Stock Market index S&P 500 is predicted to extend its rally in 2026, even as Middle East tensions disrupt global energy flows and drive inflation higher.

12 May 2026 6:46 pm
Success Quote of the Day by father of American psychology William James: 'There is but one cause of human failure. And that is...'

Quote of the Day: William James, the father of American psychology, emphasized that a lack of faith in one's true self is the sole cause of human failure. He believed that lack of confidence, not a lack of talent or opportunity, prevents individuals from reaching their full potential. Real growth happens when you start trusting yourself.

12 May 2026 6:45 pm
No gym, no equipment, no sweat: This 800-year-old Chinese exercise is quietly fixing high blood pressure

An 800-year-old Chinese exercise once practiced quietly in parks and public squares is now drawing global attention after scientists discovered it may help lower high blood pressure naturally. A new study published in the Journal of the American College of Cardiology found that baduanjin, a gentle routine combining slow movements, breathing and meditation produced blood pressure improvements comparable to brisk walking and even some medications.

12 May 2026 6:41 pm
'Chai stall' to 'Papa ki kirane ki dukan': What Indian techies say theyll do if fired tomorrow

A 23-year-old software professional's question about backup plans after potential job loss sparked a candid online discussion among Indian IT workers. Professionals shared anxieties about layoffs and performance pressure, with responses ranging from immediate job hunting to humorous fallback options like family businesses, highlighting deep-seated job insecurity in the tech sector.

12 May 2026 6:38 pm
US consumer inflation rises to 3.8% year-on-year in April as Iran war sends energy prices soaring

Consumer prices in the United States reached a three-year peak in April. This surge is linked to the economic impact of the Iran war. Energy prices saw a significant jump, contributing to the overall rise. Food prices also increased. Core inflation, excluding food and energy, also climbed. Policymakers are working to stabilize prices.

12 May 2026 6:32 pm
Haryana Board Class 12th 2026 Toppers List: Deepika scores 499/500 to top HBSE as girls sweep top 3 ranks. Check full district-wise toppers list

HBSE toppers list: Haryana Board Class 12th Result 2026 recorded a strong overall pass percentage of 84.67 per cent, with girls once again outperforming boys in the HBSE Senior Secondary examinations. Deepika from Rewari emerged as the state topper by scoring 499 out of 500 marks, while Udita secured second position with 498 marks. Science stream students recorded the highest pass percentage among all streams.

12 May 2026 6:29 pm
India revises GDP release calendar, annual and Q4 figures now due on June 7

India's National Statistics Office has revised the annual GDP data release schedule, moving it from the last working day of May to June 7 annually. This change, effective from FY26 data, aims to enhance the quality and robustness of national accounts. The first revised release will be on June 5, 2026, due to a weekend holiday.

12 May 2026 6:27 pm
Cond Nast India convenes industry leaders at The Luxury Conclave 2026, unfolding theme of Young India reshaping luxury

The Luxury Conclave 2026 in Mumbai explored 'The New Luxury Vanguard: Young India Rewriting the Rules.' Over 600 industry leaders gathered to discuss how young Indians are redefining luxury across fashion, hospitality, design, and leadership, with AI emerging as a key tool. The event highlighted a significant shift in consumer expectations and industry strategies.

12 May 2026 6:17 pm
At 83, Amitabh Bachchan says work keeps him awake at night. The sleep remedy he trusts is surprisingly simple and easy to try

Amitabh Bachchan recently opened up about struggling with sleepless nights because of his hectic work schedule even at the age of 83. In a late-night blog post, the veteran actor admitted that work often takes priority over rest despite doctors recommending at least seven hours of sleep. He shared that listening to soft classical meditation music, especially slide guitar and sitar tunes, helps him feel calm and eventually fall asleep.

12 May 2026 6:11 pm
100 days later and police are scaling back the Nancy Guthrie search here's what that really means

Nancy Guthrie, 84, disappeared 100 days ago. Police efforts to find her have been scaled back. Experts believe the investigation has shifted from a rescue to a recovery operation. The family had expressed concerns about her health. Law enforcement continues to work with the FBI on the active and ongoing investigation.

12 May 2026 6:04 pm
Amazon aims to relolutionize fast delivery with new 30-minute system

Amazon is revealing a new service offering deliveries in 30 minutes or less for an additional charge. This ultrafast delivery, called Amazon Now, is expanding to urban areas across several countries. The company is opening small order-processing hubs to meet urgent customer needs.

12 May 2026 6:02 pm
Bodo Moller Chemie opens warehouse facility in Bengaluru

Bodo Moller Chemie has launched a new aerospace warehouse in Bengaluru. This facility will supply advanced materials to aviation and industrial manufacturers. It supports both civilian and military production, along with repair operations. The company sees significant growth potential in India's aerospace and electronics sectors.

12 May 2026 6:00 pm
Hidden OpenAI secrets and billion-dollar AI stakes: Is Sam Altmans Musk courtroom battle Big Techs biggest warning yet as the CEO takes the witness stand today?

OpenAI CEO Sam Altman is expected to take the witness stand today, Tuesday, May 12, in the high-profile legal battle between Elon Musk and OpenAI. The trial, now in its third week in California federal court, centers on Musks claim that OpenAI abandoned its original nonprofit mission after he helped fund the organization with roughly $38 million in its early years. Musk argues that Altman and OpenAI transformed the company into a profit-driven AI powerhouse tied closely to Microsoft, violating t

12 May 2026 5:59 pm
Jacqueline Fernandez withdraws plea to turn approver in money laundering case

Actor Jacqueline Fernandez has withdrawn her plea to become an approver in the Sukesh Chandrashekar money laundering case. The Enforcement Directorate had opposed her plea, stating she maintained contact with the accused despite knowing his criminal background. The agency argued her claims of being an unwitting victim were contrary to evidence.

12 May 2026 5:57 pm
Sydney Sweeney's latest episode of Euphoria faces massive backlash - here's what she did

Sydney Sweeneys storyline in Euphoria Season 3 has sparked major controversy online after Cassie Howard launches an OnlyFans career and embraces increasingly provocative internet fame. The storyline includes fetish-inspired performances, explicit scenes, controversial podcast appearances, and offensive dialogue that quickly went viral across social media. While some viewers argue the series has abandoned emotional storytelling in favor of shock value, others believe the season is intentionally s

12 May 2026 5:49 pm
Planning a trip to Mussoorie? Viral video showing current state of 'once-scenic' Kempty Falls leaves internet 'heartbroken'

A viral video showing the current condition of Kempty Falls near Mussoorie has sparked widespread outrage online, with social media users criticising unchecked commercialisation, overcrowding and poor infrastructure around the popular Uttarakhand tourist spot. The footage, which shows the waterfall surrounded by dense construction, shops and dhabas, triggered fresh debate over overtourism and environmental degradation in Indian hill stations.

12 May 2026 5:49 pm
Kremlin repeats Putin's assertion that Ukraine war is nearly over after Zelenskiy casts doubt

Russia's President Putin reiterated his belief that the Ukraine war is nearing its conclusion, despite Ukrainian President Zelenskiy's assertion that Moscow has no intention of ending the conflict. The Kremlin spokesman cited rilateral work with Ukraine and the US as groundwork for a peace deal, suggesting completion is approaching.

12 May 2026 5:46 pm
ICAI to push for curbing foreign travel, other forex-saving ways among its members, officers

The Institute of Chartered Accountants of India will soon ask members and officers to save foreign exchange. Initiatives include curbing foreign travel and promoting domestic alternatives. An advisory will guide chartered accountants and their families on saving foreign exchange. These measures follow the Prime Minister's call amid West Asia conflict.

12 May 2026 5:46 pm
6 simple ways: How to remove rust stains from your sinks and taps

Say goodbye to stubborn rust and hard water stains on your sinks and faucets using simple Indian household items. From using a potato to common tomato ketchup, these six easy, non-toxic hacks ensure your kitchen and bathroom fittings stay shiny and rust-free without the need for expensive or harsh chemicals.

12 May 2026 5:42 pm
Delhi air pollution update: Govt introduces new 100 GSM rule for green nets to fight construction dust

Delhi green nets: Delhi has introduced a new minimum quality standard for the green nets used at construction sites after pollution authorities found many existing nets were too thin to effectively block dust. The Delhi Pollution Control Committee (DPCC) has now made it mandatory for all construction and demolition sites to use green nets with a minimum thickness of 100 GSM to better control dust pollution across the city.

12 May 2026 5:31 pm
JD Vance recalls becoming obsessed with Usha after first meeting: I will marry this girl or be a lifelong bachelor

US Vice President JD Vance revealed his intense early infatuation with Usha, his now-wife, in an excerpt from his book. He described being 'obsessed' with her, even while dating someone else, and declared he would marry her or remain a lifelong bachelor. Vance highlighted Usha's intelligence and unique charm, detailing his swift declaration of love and marriage intentions.

12 May 2026 5:30 pm
Did Indira Gandhi ask people not to buy gold in 1967? Here's the truth

A social media image claiming Indira Gandhi urged against gold purchases in 1967 is fake. The Hindu newspaper confirmed the image is digitally altered. However, Indira Gandhi's government did enforce strict gold control rules. These measures limited gold holdings and jewellery production. The Gold Control Act was enacted in 1968.

12 May 2026 5:24 pm
India-Oman FTA likely to come into force from June 1: Piyush Goyal

India and Oman are set to implement their free trade agreement on June 1, 2026. This pact will grant India duty-free access to 98 percent of its exports to Oman. Meanwhile, India is actively pursuing a comprehensive economic partnership with Chile. The focus is on securing critical minerals, vital for India's electronics and auto sectors.

12 May 2026 5:22 pm
Naredco proposes changes in Delhis TOD policy

In a bid to reshape Delhi's urban landscape, NAREDCO has put forth new suggestions for the city's Transit-Oriented Development policy. By advocating for a reduction in apartment size and price regulations, they aim to spark a boom in residential and commercial spaces.

12 May 2026 5:22 pm
6 hill stations in India perfect for a summer escape

Escape the scorching summer heat by heading to Indias beautiful hill stations offering cool weather, breathtaking mountain views, lush greenery and peaceful surroundings perfect for a refreshing and relaxing vacation getaway.

12 May 2026 5:19 pm
The Lord of the Rings: The Rings of Power Season 3 release date revealed, Season 4 also confirmed. When to watch?

Prime Video has officially announced when The Lord of the Rings: The Rings of Power Season 3 will premiere. The upcoming season will move the story forward by several years and focus on the War of the Elves and Sauron, with the Dark Lords attempt to forge the One Ring expected to be central to the plot. Along with the release date, Amazon has also confirmed that Season 4 is already in development, showing continued confidence in the fantasy series.

12 May 2026 5:16 pm
NEET cancellations: A look at the toughest medical exams across the globe

India's NEET (UG) 2026 exam was cancelled due to alleged paper leaks, prompting a CBI inquiry and a re-examination. This mirrors global challenges in medical admissions, where rigorous exams like USMLE, MCAT, GAMSAT, MRCP, and PLAB also face scrutiny and possess demanding pass rates, filtering for the most capable aspiring doctors.

12 May 2026 4:58 pm
How Keir Starmer could be replaced as UK prime minister after discontent rises in his own party

British Prime Minister Keir Starmer is under pressure to resign following Labour's poor local election results. Dozens of party lawmakers are calling for his departure. Starmer remains defiant, but a leadership contest could be triggered. The process involves lawmaker support and party member votes. Potential successors are being discussed. Many believe a change is needed to regain public trust.

12 May 2026 4:57 pm
India will need to see how long fuel retailers can bear losses, oil minister says

India's oil minister highlighted the need to address state-run fuel retailers' mounting losses from selling petrol and diesel below market rates. Despite global price surges, pump prices remain unchanged, impacting companies significantly. Officials deem compensation fiscally unsustainable, suggesting a substantial but inflation-conscious price adjustment may be necessary soon.

12 May 2026 4:53 pm
Who sank Russian cargo ship Ursa Major, was NATO involved, and was it torpedoed? Reports explain mystery, ship's route, nuclear cargo claims and US aircraft presence

Who sank Russian cargo ship Ursa Major, was NATO involved, and was it torpedoed? This explainer covers the sinking of the Ursa Major near Spain, possible nuclear reactor cargo, US aircraft flights, Russian claims, and the Spanish investigation findings and global security concerns. The article explains key timelines, military activity, and theories about the incident.

12 May 2026 4:52 pm
How to differentiate between a snake hole and a rodent hole in your home garden

Snake hole vs rat hole in garden: Finding random holes in your garden can instantly make you think theres a snake nearby. But in most cases, the hole usually belongs to rodents like rats, mice, or bandicoots. The shape of the hole, the soil around it, and the location can help you figure out what is actually living there.

12 May 2026 4:45 pm
Adani Ports bets Rs 13,000 crore by FY31 for Europe subsea expansion

Adani Ports is expanding its marine services into Europe. Its platform Astro Offshore has partnered with Oceaneering International. This move targets specialized subsea and offshore services. The company plans significant capital expenditure to build a large global marine fleet. This expansion aims to create a major integrated marine platform.

12 May 2026 4:45 pm
Quote of the day by George Clooney on loneliness: I have felt terribly alone. Just because youre with someone, doesnt mean youre incredibly happy and complete; Ocean's Eleven, Gravity actor on relationship struggles

Hollywood star George Clooney once spoke about feeling lonely in relationships. He shared that being with someone does not guarantee happiness or completeness. Clooney's personal life saw many relationships before he met human rights lawyer Amal Alamuddin. They married in 2014 and welcomed twins. His reflections emphasize that true connection matters more than outward appearances.

12 May 2026 4:34 pm
Union mines ministry launches 2nd tranche of e-auction for 12 limestone blocks in Jammu & Kashmir

The Union Ministry of Mines has launched the second phase of e-auctions for twelve limestone blocks in Jammu and Kashmir. This initiative aims to boost mineral development and economic growth. The blocks are located in Anantnag, Rajouri, and Poonch districts. Tender document sales begin May 18, with a pre-bid conference on June 5.

12 May 2026 4:30 pm
He planned Rs 1.4 crore wedding by selling family land: CA asks if 'years of wealth' should be lost for 'two days of celebration'

A viral Reddit post about a family considering selling ancestral land to fund a Rs 1.4 crore wedding has sparked debate online after Bengaluru CA Meenal Goel reacted to it on LinkedIn. She questioned the financial logic behind using long-term family assets for short-term social approval, pointing out how savings, land, and gold often get exhausted to meet wedding expectations.

12 May 2026 4:17 pm
Reforms will continue; industry needs to spend more on R&D, shed protectionist instinct: NITI Member

NITI Aayog Member Rajiv Gauba urged Indian industry to boost R&D investment and shed protectionism to become a global production hub. He emphasized the need for uts and bolts reforms to foster trust-based governance, while industry leaders called for institutionalized, measurable reforms and clear laws.

12 May 2026 4:16 pm
State banks record all-time high net profit of Rs 1.98 lakh crore in FY26: FinMin

Public Sector Banks have achieved a record net profit of Rs 1.98 lakh crore in FY 2025-26, marking their fourth consecutive year of strong financial performance. Improved asset quality, robust credit growth, and increased income fueled this historic achievement. Banks are now well-capitalized and poised to support India's economic expansion.

12 May 2026 4:14 pm
India's retail inflation edges up to 3.48% in April as food prices firm up

India's retail inflation saw a slight increase to 3.48 percent in April. This rise was primarily due to higher food prices. However, the overall inflation rate remains comfortably below the Reserve Bank of India's target of 4 percent. Food inflation itself climbed to 4.20 percent. Personal care and miscellaneous goods experienced the highest inflation.

12 May 2026 4:09 pm
Samsung Electronics union threatens to walk out of pay talks if no mediation proposal

Samsung Electronics' labour union in South Korea is threatening to halt pay negotiations. The union demands a larger share of operating profit for performance bonuses. Workers are unhappy with lower bonuses compared to rival SK Hynix. This dissatisfaction grows amid Samsung's record profits driven by the AI chip boom.

12 May 2026 3:54 pm
RA&W has entered Pakistan Assembly: MLA claims lawmakers working for Indian intelligence agency. Watch

A Pakistani lawmaker accused colleagues of working for Indian intelligence agency RAW during a heated assembly session. The accusation sparked loud protests and interruptions, which led the Speaker to cut off the legislator's microphone. This incident has fueled debate about growing hostility within Pakistan's political system. The viral clip is now a trending topic online.

12 May 2026 3:47 pm