The Economic Times

ASUS is now producing gaming laptops in India. This move aims to strengthen supply chains and improve availability. However, global component costs are rising. Consumers should not anticipate immediate price reductions. ASUS is focusing on premium gaming and creator laptops, integrating AI capabilities.

A French proverb highlights that true love involves looking together in the same direction, not just at each other. This timeless wisdom suggests strong partnerships are built on shared dreams and common goals. It underscores the importance of mutual support and a unified vision for a lasting connection.

Angel One has settled a securities law violation case with Sebi. The company paid 4.28 crore to resolve allegations of supervisory lapses. These lapses involved two authorised persons. Sebi alleged Angel One failed to monitor their activities adequately. This included identifying unauthorised fund collection and improper social media promotions.

New Delhi: The bankruptcy regulator has issued a circular for standardized valuation of companies under the Insolvency and Bankruptcy Code. This aims for a scientific approach to valuing stressed firms. The guidelines cover documentation, report formats, and valuers' duties. Receivables valuation will now consider credit risk, ageing, and economic factors.

An Indian LNG carrier, Disha, has successfully navigated the Strait of Hormuz. This marks the first Indian LNG tanker to cross the war-affected shipping lane since the conflict began over three months ago.

India's sports viewership is rapidly shifting to multiple platforms. Major events like the FIFA World Cup and IPL are drawing huge crowds on television, digital, and social media. Connected TV is growing fast, while traditional pay TV is declining. This indicates a significant change in how Indians watch sports, with digital and regional languages playing a bigger role.

The reviews were prompted by former Chairman Atanu Chakraborty's dramatic March 18 resignation, a decision he had said in a letter to the exchanges was prompted by alleged deviations 'incongruent' with his ethics and value systems. The reference to possible ethical transgressions at the country's most-valued lender by Chakraborty, a former Secretary at the Department of Economic Affairs and a retired IAS officer, sent shockwaves through India's banking establishment and caused an immediate slide

India's textile exports are set for a significant boost following the end of the Iran war. Manufacturers anticipate lower raw material costs for polyester and cotton. This development will help revive shipments to Europe and West Asia. The easing of tensions will also allow India to better utilize its trade agreements.

Today's Quote of the Day comes from German philosopher Friedrich Nietzsche, who offered a thought-provoking perspective on marriage, love, and friendship in his 1886 book Beyond Good and Evil. The quote suggests that lasting relationships require more than romantic love and are strongest when friendship exists alongside it. The article explores the meaning behind Nietzsche's words while examining his life, philosophical ideas, major works, and lasting influence on modern thought.

The US and Iran, with Pakistan as mediator, have announced a preliminary deal to end the war, with an immediate cessation of military operations and the reopening of the Strait of Hormuz. Negotiations on Iran's nuclear program and US sanctions will follow within 60 days.

With the dust settling from the Iran war, Morbi's ceramic industry has emerged from its hiatus, bringing workers back to the bustling factories. While the production lines are revving up again, they are doing so at a higher cost. The export sector has faced severe challenges, but the domestic market is now proving to be a crucial lifeline.

The Supreme Court has allowed Himachal Pradesh MLAs to vote in elections for presidents and vice-presidents of civic bodies. This decision overturns a recent High Court order that had barred these ex-officio members from voting. The top court's intervention came after the state government filed a plea challenging the High Court's interim ruling.

ONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL operations in what's described as the nation with the world's biggest oil reserves comes as the Venezuelan government opens its oil sector to greater foreign participation under a new legal framework.

Over 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both nations are now intensifying efforts to boost adoption, aiming for faster trade and cost reduction, despite industry-cited structural bottlenecks. Authorities are focusing on onboarding more banks and simplifying procedures to enhance cross-border transaction efficiency.

Bangladesh has summoned India's deputy high commissioner in Dhaka. This action follows an incident at Delhi airport involving an adviser to the Bangladeshi Prime Minister. Reports indicate the adviser did not cooperate with immigration authorities. He was reportedly traveling on a regular passport, not a diplomatic one. The Bangladeshi government expressed disappointment over the event.

A 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earner supporting her mother on a 70,000 monthly salary. She detailed managing two loans, household expenses, and medical costs, leading to significant stress and sleepless nights. A proposed 5 lakh loan to consolidate debt and invest was met with caution from users.

India is setting standard timelines for power transmission projects. This aims to match infrastructure development with new electricity generation, especially for renewable energy. Delays in power evacuation have been a problem. New timelines cover substations and transmission lines. This will help ensure power projects are ready on time.

Telecom operators Reliance Jio, Airtel, and Vodafone Idea have rejected the Telecom Regulatory Authority of India's (Trai) proposal for mandatory affordable voice and SMS-only plans. Consumer advocates argue this forces millions of feature phone users to subsidize data they don't use, while telcos claim it's technically unsound and anti-consumer.

It expects India to be less vulnerable to higher crude oil prices than in previous years, citing lower oil intensity, improved energy efficiency and greater responsiveness of oil demand to increasing prices.

Indian auto sales experienced robust double-digit growth in May, with passenger vehicles up 27% and two-wheelers by 31%. This surge, driven by a favorable base effect, GST rate cuts, and easier financing, saw record May sales for passenger vehicles, three-wheelers, and two-wheelers, despite global economic uncertainties.

India's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Price Index series, with a 2022-23 base year, now includes more items. Experts anticipate a slight easing in June due to cooling global energy prices. Retail inflation also saw an increase.

Quote of the day by Zac Efron: Zac Efron believes genuine connection stems from effortless conversation and immediate chemistry, rather than solely love at first sight. He highlights how losing track of time while talking signifies a strong, natural bond.

Agriculture, though smaller in output share, still employs 43% of India's workforce, making monsoon performance crucial for rural demand and livelihoods.

An exchange of fire between two groups in Manipur's Kangpokpi district on Monday left at least three people injured. The injured, all from the Kuki community, were taken to Imphal's Regional Institute of Medical Sciences. Tensions flared as protesters objected to their admission. Security forces used teargas to control the situation.

US trade representative Jamieson Greer will visit India on June 23-24. He will meet Commerce and Industry Minister Piyush Goyal. Discussions will focus on finalising an interim trade agreement. The larger bilateral trade agreement will also be discussed. This meeting follows earlier talks between US and Indian officials.

Indian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopening the Strait of Hormuz. This deal would end hostilities, lift the US naval blockade, and allow for the swift return of Iranian crude to global markets.

Prime Minister Narendra Modi's visit to Slovakia marked a significant step. Bilateral relations were elevated to a comprehensive partnership. Both nations agreed to strengthen defense cooperation. They also signed pacts for collaboration in digital technologies, labor migration, higher education, and audio-visual creation. Discussions explored joint ventures in AI and supercomputers.

Japan's Proterial will invest 2,250 crore to build a rare earth magnet plant in Andhra Pradesh. This facility will produce vital components for electric vehicles and wind turbines. The move aims to boost India's local rare earth value chain. It also reduces dependence on Chinese sources. This strategic investment strengthens India's manufacturing capabilities in key sectors.

Bharti Fulmali, a cricketer in India's World Cup squad, endures online taunts and trolling for her looks. She has faced criticism questioning her gender and appearance. Fulmali, from Maharashtra, pursued her cricket dream with her father's support. She earned the nickname 'Vidarbha's Lady Gayle' for her powerful hitting.

India has embraced the recent agreement between the United States and Iran as a beacon of hope for peace in West Asia. Prime Minister Narendra Modi believes this deal could pave the way for renewed tranquility and security in the region. With the reopening of the Strait of Hormuz, Asia can breathe a sigh of relief as tensions ease.

Psychology suggests that everyday habits often reflect deeper emotional needs. Choosing to eat alone is rarely an act of social rejection; more often, it is a way of reconnecting with oneself. For many people, those few uninterrupted minutes become one of the calmest and most peaceful moments of their day.

FIFA World Cup 2026: Cape Verde pulled off a World Cup shock by holding Spain to a 0-0 draw in the opening game of Group H on Monday.

Fun rainy day activties for kids: Rainy days offer a chance for indoor fun and learning. Parents can engage children with activities like building forts, treasure hunts, and arts and crafts. Baking, science experiments, and reading also provide entertainment. These activities foster creativity and family bonding. They help children develop essential skills. A little imagination can make any rainy day special.

A six-member French delegation is in Kolkata to explore business cooperation. They will meet State Finance Minister Swapan Dasgupta and Chief Minister Suvendu Adhikari. The delegation seeks to understand the new government's focus. They are interested in freight corridors, ports, defense, agriculture, tourism and logistics.

Quote of the day by Hailee Steinfeld: Actress Hailee Steinfeld shares a quote about Juliet, a timeless literary figure. She suggests every girl dreams of experiencing a grand romance like Juliet's. This highlights how classic stories continue to inspire dreams of love and deep connection across generations.

Psychology points to a different explanation. Children are often drawn to emotional safety rather than outward confidence or loud personalities. The people they trust most are not always the ones who command attention, but often the ones who create a sense of comfort.

President Trump renewed his criticism of immigration, stating that large-scale migration from developing countries could undermine the US. He also lambasted federal judges over a court ruling invalidating a fee on H-1B visas, calling the decision crazy and harmful to the country. Trump previously amplified critiques of birthright citizenship, sharing a video alleging exploitation of US laws by pregnant immigrants.

Life lesson of the day: Gaur Gopal Das lesson on mindful reflection delivers a powerful insight on emotional intelligence, self-growth, and modern stress management. It teaches that mistakes are not failures but learning signals for personal development. This wisdom supports mental clarity, resilience building, and positive mindset shift.

India's engineering exports saw a significant surge in May 2026, reaching USD 12.31 billion. This marks a 24.48 per cent increase compared to the previous year. Cumulative exports for April-May 2026-27 also showed strong growth. Industry leaders credit adaptability and government support for this positive trend. Continued focus on market and product diversification is advised to maintain this momentum.

Samantha Ruth Prabhu has opened up about how her battle with myositis transformed her outlook on life and career. The actor admitted that she was once addicted to the game of stardom and constantly chased success, believing she had to live up to growing expectations after a string of hit films. Speaking during the promotions of Maa Inti Bangaram, Samantha said her 2022 myositis diagnosis forced her to take a break and rethink her priorities.

India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be Rs 14 per litre. The levy on aviation turbine fuel exports has been raised to Rs 12.5 per litre. The tax on petrol exports remains unchanged. These revised rates will be effective from June 16, 2026.

Rumi's wisdom highlights that true transformation starts from within, not by trying to change the external world. By focusing on our own thoughts, actions, and choices, we can profoundly alter our perception and interaction with life. This inner journey of self-awareness and personal responsibility is the most powerful catalyst for meaningful change.

Twenty Indian sailors from the vessel MT Jalveer have returned home safely. Their ship was attacked near Oman. This follows two other attacks on merchant ships with Indian crew members by US forces. The Indian mission in Muscat facilitated their safe repatriation. Indian authorities are committed to assisting nationals in distress.

Shipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. However, details on safe routes and timings are lacking. Hundreds of ships remain stuck in the Gulf. Leaders urge caution as the strait's de-mining is underway.

Chinese proverb of the day: A Chinese saying advises setting market prices to avoid disputes. Honest transactions build trust and prevent conflict. This principle applies beyond business to all relationships. Integrity leads to lasting success and social harmony. Fairness is a valuable asset for individuals and communities.

Iran and the United States have reached an agreement to end nearly four months of war, paving the way for detailed negotiations on the Islamic republic's nuclear programme and sanctions relief. The use of the term 'maritime services' means that the United States has accepted that fees will be paid to Iran, it said, quoting what it said was an informed source.

A Bakersfield Amazon delivery driver lost his job after being filmed taking a cat. Joshua Gonzalez claims the animal was his own missing pet, presenting adoption records. The cat's original owner, Brenda Wilson, insists the feline is her pet Junie, owned for five years. Authorities are investigating the competing ownership claims as the case remains unresolved.