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The Economic Times

Economy / The Economic Times

Israel far-right minister slams ceasefire with Lebanon as 'serious mistake'

Israel's far-right National Security Minister Itamar Ben Gvir criticised on Thursday a ceasefire deal with Lebanon brokered by Washington, calling it a serious mistake. The ceasefire with Lebanon is a serious mistake and the pipe dreams of advisers are dragging the prime minister (Benjamin Netanyahu) to wrong decisions, the minister wrote on X. Israel and Lebanon agreed Wednesday to implement a ceasefire but said it would require a complete cessation of fire by Iran-backed Hezbollah, according t

4 Jun 2026 11:57 am
Southwest monsoon arrives in Kerala, marks start of India's rainy season

The southwest monsoon has arrived in Kerala. This marks the beginning of India's crucial four-month rainy season. However, forecasts indicate below-normal rainfall for the 2026 season. El Nio conditions may also emerge, impacting water supplies and agriculture. This situation raises concerns for crop output and rural demand across the nation.

4 Jun 2026 11:50 am
Delhi hotel Fire: Who is Lavkesh Bajaj, Malviya Nagar hotel owner, and how did a six-room B&B become a 25-room hotel?

Lavkesh Bajaj hotel owner: A devastating fire at Flourish Stay B&B in Malviya Nagar claimed 21 lives. Owner Lavkesh Bajaj is now under investigation. Authorities are probing alleged fire safety norm violations and licensing issues. The establishment reportedly operated with more rooms than permitted and lacked proper safety clearances. Legal experts suggest culpable homicide charges are possible if negligence is proven.

4 Jun 2026 11:48 am
Chinas Tiananmen crackdown: A timeline of 1989 events

Thirty-seven years ago, China's military violently ended pro-democracy protests in Beijing's Tiananmen Square. The government has never released a full death toll, with estimates ranging into the thousands. This event, marked by student-led demonstrations and a government crackdown, remains a sensitive topic in China. Landmark dates leading up to the crackdown are detailed.

4 Jun 2026 11:48 am
$35 million Newport beach mansion, near-zero declared income: How California techie supplied US equipment to Iran for over a decade

A dual Iranian-American tech executive, Jamshid Ghomi, was arrested at his $35 million mansion for allegedly running an illegal export operation. Authorities claim he routed sensitive US technology to Iran for over a decade, with his tax filings showing minimal income despite millions in international transactions. The investigation highlights a complex smuggling network and financial laundering system.

4 Jun 2026 11:39 am
Indian consumers turn defensive as job fears rise, economic confidence falls

Indian consumers are increasingly concerned about jobs and the economy. This is leading many to reduce spending on non-essentials like dining and shopping. People are prioritizing savings and financial security. Despite these worries, travel plans remain strong, with many intending to take domestic and international holidays. Consumers are also planning for once-in-a-lifetime experiences.

4 Jun 2026 11:38 am
Indian Air Force marks milestone with Su-30MKI's maiden landing at Navi Mumbai airport

A Sukhoi Su-30MKI fighter jet made its first landing at Navi Mumbai International Airport. This event marks a significant milestone for the airport. The fighter jet's arrival demonstrates the Indian Air Force's growing capabilities. The airport, inaugurated in October 2025, is now operational. This landing follows earlier trials with other aircraft.

4 Jun 2026 11:34 am
Quote of the day by Arnold Schwarzenegger: 'Positive thinking can be contagious. Being surrounded by winners helps you develop into a...'

Quote of the day by Arnold Schwarzenegger: Arnold Schwarzenegger's remarkable journey began with bodybuilding, where he won Mr. Olympia seven times. He then transitioned to Hollywood, becoming a global action star. Schwarzenegger later entered politics, serving as Governor of California, demonstrating his ambition and willingness to embrace new challenges throughout his influential career.

4 Jun 2026 11:30 am
Pune Fergusson College graduate quit his job at KPMG to pursue acting, got rejected by FTII twice. Now, the Tamil actor has worked with Mammootty, Tovino Thomas, Parvathy Thiruvothu

Arjun Radhakrishnan, once a KPMG employee, bravely left his corporate career to pursue acting. Facing rejections from FTII twice, his persistence paid off with a breakthrough in Rocket Boys. Read on to know more about the actor's journey and what led him to quit his job.

4 Jun 2026 11:30 am
Before you plan a wildlife nature vacation, check the list of 6 national parks closing from July

Planning a jungle safari this season requires careful attention to park closures. Many of India's popular wildlife destinations, including Ranthambore, Kanha, Dudhwa, Jim Corbett, Kaziranga, and Bandhavgarh, shut down during the monsoon months. This annual closure is crucial for conservation and safety. Travellers should check specific park dates before booking their trips to avoid disappointment.

4 Jun 2026 11:15 am
Money market-volumes jump to record as bank lending booms

India's money markets are experiencing record activity. State-owned banks are borrowing more to fund strong credit demand. This surge in lending is happening despite global energy concerns. Banks are facing challenges attracting deposits as savings move to other investments. This trend highlights the ongoing need for accessible funding sources for financial institutions.

4 Jun 2026 11:07 am
Jammu & Kashmir: Security forces intensify anti-terror search in Gambhir Mughlan forests of Rajouri

Security forces are conducting an intensive anti-terror operation in the Gambhir Mughlan forest area of Rajouri, J-K. The Army, Jammu and Kashmir Police, and CRPF are involved. The operation aims to track suspected terrorists. Meanwhile, Rajouri has recorded 45 forest fire incidents recently. Officials hope recent rainfall will reduce fires.

4 Jun 2026 10:52 am
Vicky Kaushal shares one important truth about parenting. Actor reveals how fatherhood changed the way he and Katrina Kaif will raise their son

Vicky Kaushal shares his journey into fatherhood with son Vihaan Kaushal. He reveals how becoming a parent has reshaped his views on life and family. The Love & War actor emphasises that children learn more from observing their parents' actions than from words. Read on to know more about their parenting lessons.

4 Jun 2026 10:44 am
Quote of the day by Greek philosopher Aristotle: 'Even a woman may be good, and also a slave; though the woman may be said to be an...' - A controversial glimpse into the social beliefs of the ancient world

Quote of the day by Aristotle: Aristotle, a pivotal ancient Greek philosopher, profoundly influenced Western thought through his emphasis on observation and reasoning. His extensive writings spanned ethics, politics, and logic, shaping intellectual history for centuries. While some of his views are now criticized, his legacy as a foundational thinker endures.

4 Jun 2026 10:32 am
Tamil Nadu: 3 lakh students apply for engg course, AICTE yet to approve counselling dates

In Tamil Nadu, a surge of nearly 300,000 students has signed up for engineering programs, highlighting the growing interest in technical education. Although the AICTE is yet to announce specific counselling dates, the Directorate of Technical Education anticipates that this number could climb even higher.

4 Jun 2026 10:30 am
AI, quick commerce are reshaping how India spends on advertising: WPP Media's Prasanth Kumar

India's advertising market will grow in 2026. Marketers face unprecedented volatility, juggling many challenges. Despite global tensions and inflation, the outlook remains positive. New platforms and AI are changing the advertising landscape. Brands focus on long-term growth and immediate results. Agencies will adapt to automation, focusing on higher-value tasks.

4 Jun 2026 10:19 am
India to soon unveil incentives for lithium, nickel processing with around Rs 3,000 crore outlay, sources say

India's Ministry of Mines is preparing to introduce a new policy. This policy will offer incentives for processing lithium and nickel. The initiative has an estimated outlay of 30 billion rupees. This move is crucial for India's electric vehicle goals. The nation aims for significant electric car and two-wheeler penetration by 2030.

4 Jun 2026 10:19 am
Ahmedabad water contamination: 50 take ill with diarrhoea and vomiting, nine residential societies affected in Ghatlodia area

Residents of Ghatlodia, Ahmedabad, fell ill after contaminated water from a drainage system entered their drinking supply after . Fifty people reported symptoms of diarrhoea and vomiting, with eleven hospitalised. Civic officials stated a pipeline breakdown on May 30 caused the issue, which has since been repaired. Medical teams are attending to affected individuals. Local residents claim a much larger number of people were affected.

4 Jun 2026 9:51 am
India's tougher grid rules unsettle investors, test clean energy ambitions

India's new power grid rules are causing concern among clean energy investors, who say stricter penalties for solar and wind projects would reduce returns. This comes as India aims to significantly expand its renewable energy capacity. Investors warn this could slow down the much-needed investment for the energy transition in the country.

4 Jun 2026 9:50 am
NIA raids nine places in Bengal in Bhangar blast case

In pursuance of the MHA order, the NIA had taken over and registered the case related to the recovery of 79 crude bombs and other incriminating materials by the Kolkata police, which were being stored at a spot, thereby endangering human life and property.

4 Jun 2026 9:47 am
Delhi Hotel Fire: They gathered from Bengaluru and Rajasthan to be with ailing father; Eight are dead and he hasn't been told

Delhi fire news today: A family reunion in Delhi to be with a critically ill patriarch turned tragic when a fire engulfed a hotel, killing eight members. Relatives had gathered from various cities to spend precious time with 75-year-old Radheshyam, unaware of the devastating loss that awaited them.

4 Jun 2026 9:46 am
Manipur security forces arrest 5 militants, recover arms in separate operations

Security forces have arrested five militants in Manipur. The arrests were made in separate operations in Imphal East and Chandel districts. Weapons including AK rifles, an SLR rifle, a carbine, hand grenades, and ammunition were recovered. The militants belong to different proscribed outfits. These operations highlight ongoing security efforts in the region.

4 Jun 2026 9:38 am
Anand Mahindra meets Sergio Gor; discusses US investments, supply chains resilience

Anand Mahindra, the chairman of M&M group, met with US Ambassador Sergio Gor. They discussed the automaker's significant investments in the United States. These investments are boosting American manufacturing. They are also creating new jobs. Furthermore, these ventures are building stronger supply chains. The meeting highlighted M&M's commitment to the US economy.

4 Jun 2026 9:36 am
Rs 2,000 SIP in your 20s can beat Rs 15,000 a month invested later? CA shares the biggest mistake young earners make

Young earners often delay investing, believing large sums are needed. CA Nitin Kaushik highlights this delay destroys wealth potential. Even a small monthly SIP in your early twenties creates a significant advantage over time. Digital platforms offer easy access to investing today. Discipline, not capital, is the key constraint for building consistent habits and long-term wealth.

4 Jun 2026 9:31 am
Rahul Gandhi to take membership at Mohammad Deepak's gym in Uttarakhand's Kotdwar as he considers selling it amid financial strain: Report

Congress leader Rahul Gandhi is reportedly set to join a gym in Uttarakhand's Kotdwar, owned by Mohammad Deepak. Deepak gained prominence after intervening against the harassment of a Muslim shopkeeper, subsequently facing business repercussions. Gandhi had previously met Deepak, praising his actions and promising to support his gym.

4 Jun 2026 9:31 am
Punjab deploys 4,000 personnel in Amritsar ahead of Operation Blue Star anniversary

Security forces are on high alert in Amritsar. Nearly 4,000 police personnel and Central Armed Police Forces have been deployed. This is in anticipation of the anniversary of Operation Blue Star on June 6. The operation in 1984 involved the Indian Army storming the Golden Temple. Security measures are in place to ensure peace and order.

4 Jun 2026 9:30 am
Owner Lovkesh Bajaj claims no direct management, says operations were handled by 'other person' in Malviya Nagar fire: Sources

Malviya Nagar fire incident news: Lovkesh Bajaj, co-owner of Hotel Flourish Stays, was arrested after a deadly fire in Malviya Nagar killed 21 people. Bajaj told police he delegated daily operations to another person. Structural changes were also suggested by this individual. The premises reportedly lacked a Fire NOC. Police are investigating ownership and compliance. Bajaj is expected in court for further interrogation.

4 Jun 2026 9:26 am
Pune couple spends Rs 2.2 lakh a month despite paying Rs 1,800 to maid and driving an EV. Heres where the money goes

A Pune couple's Rs 2.2 lakh monthly expenditure is sparking debate on urban Indian living costs. Despite cooking at home and using an EV, high daycare fees, rent, and a substantial Rs 1.1 lakh home loan EMI are major drivers. Their detailed breakdown questions if these expenses are the new normal for middle-class families.

4 Jun 2026 9:21 am
Exit Ranveer, enter a clearer picture for artist exit

Ranveer Singh stepping away from Don 3 highlights the persistent contractual challenges within Bollywood. Legal experts advocate for more explicit exit conditions in film contracts, which could minimise conflict and provide transparency for both filmmakers and actors.

4 Jun 2026 9:14 am
Latest Malayalam, Tamil, Telugu, Kannada OTT releases: KD The Devil to Patriot, new movies and shows on Netflix, JioHotstar, Prime Video

With action-packed gangster dramas, political thrillers, heartfelt family stories, romance and mystery all arriving within days of each other, South Indian cinema fans have no shortage of choices this week. Whether you're in the mood for a superstar-led spectacle or a character-driven drama, these new OTT releases offer something for every kind of viewer. Read on to know when and where to watch them online.

4 Jun 2026 9:12 am
Friday OTT releases of the week: Dhurandhar The Revenge to Brown to Made In India: A Titan Story, new movies and shows on Netflix, JioHotstar, Prime Video and ZEE5

This week's OTT lineup has something for everyone, from action-packed thrillers and crime mysteries to family dramas and romantic comedies. Major releases include Dhurandhar: The Revenge, Brown, Patriot, Gullak Season 5 and Maa Behen. These new movies and shows arrive across Netflix, JioHotstar, Prime Video, SonyLiv and ZEE5. Read on!

4 Jun 2026 8:49 am
'Biggest reason I left cricket', Lalit Modi claims Dawood Ibrahim's $4-billion 'Satta Bazaar' targeted him over IPL control

Lalit Modi reveals Dawood Ibrahim's syndicate threatened him. He refused to cooperate with their betting empire. This led to threats and attacks. Modi's decision to retire from cricket administration was driven by these life-threatening pressures. He stated that his personal guarantee to step away from the sport saved his life.

4 Jun 2026 8:30 am
Summer travel plans take no break: Domestic demand remains strong despite rising fuel costs and airfares, fewer flights

Indians are not cancelling summer holidays despite higher costs and fewer flights. Many are choosing domestic trips or nearby international destinations. Travel to Europe and the US is down. Short-haul destinations like Vietnam and Sri Lanka are popular. Bus and train travel is increasing. Hotels report strong demand.

4 Jun 2026 8:16 am
Experts highlight growing role of SMRs for defence manufacturing and data centre operation

India's defense production and data center sectors face a critical power supply constraint. A recent policy dialogue highlighted Small Modular Reactors (SMRs) as a solution for reliable, clean, and uninterrupted electricity. Experts discussed SMRs' role in energy transition, strategic resilience, and mission-critical infrastructure, while also addressing deployment challenges.

4 Jun 2026 8:11 am
Trump will attend the NATO summit in Turkey in July, Marco Rubio says

US President Donald Trump will attend the NATO summit in Turkey in early July. Secretary of State Marco Rubio confirmed the attendance, easing concerns across alliance capitals. Trump had expressed frustration with NATO members over their reluctance to support US military actions in Iran.

4 Jun 2026 7:52 am
From Aamir Khan to Shah Rukh Khan: Ankur Warikoo reveals the Bollywood characters that taught him life lessons beyond the movies

Entrepreneur Ankur Warikoo identified three Bollywood characters offering valuable life lessons. Rancho from '3 Idiots' teaches the importance of curiosity-driven learning over rankings. Arjun from 'Zindagi Na Milegi Dobara' highlights that success without fulfillment can be a trap. Dr. Jehangir Khan from 'Dear Zindagi' emphasizes self-discovery through reflection rather than direct instruction.

4 Jun 2026 7:50 am
Petrol, Diesel Price Today: Has India seen another hike on June 4? Check fuel rates in Delhi, Mumbai, Gurgaon, Chennai and other cities

Petrol, Diesel Price Today: Fuel prices held steady across India on June 4, offering consumers a brief respite. However, rising global crude oil prices, nearing $95 per barrel, are fueling speculation about potential hikes. Such an increase could significantly impact household budgets, transportation costs, and overall inflation, making future fuel rates a key economic indicator to watch.

4 Jun 2026 7:25 am
Rs 5,000 SIP vs step-up SIP: CA shows the difference between Rs 50 lakh and Rs 1 crore

Starting a small monthly SIP builds discipline. However, experts advise against keeping contributions fixed for decades. Inflation erodes purchasing power significantly. Increasing your SIP annually, aligned with salary hikes, can more than double your final corpus. This strategy ensures your investments genuinely outpace rising costs and build substantial wealth over the long run.

4 Jun 2026 7:20 am