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The Economic Times

Economy / The Economic Times

SC directs execution of settlement in Ardee group family dispute

The Supreme Court has ordered the implementation of a settlement in a property dispute concerning the Ardee Group. The disagreement involved the daughters of late developer Ashok Varma. A mediator appointed by the court facilitated the resolution of major disputes. The court has granted time for the parties to complete the settlement process and implement the agreed terms.

8 Jun 2026 1:59 pm
Heat, humidity of India's monsoon could extend summer heat stress as climate warms: Recent Study

India faces a growing threat of extreme heat stress. A recent study reveals that with a 2-degree Celsius global warming, the monsoon season could experience significant uncompensable heat stress. This prolonged heat poses critical challenges to public health and labor productivity across the country. Regions like the Indo-Gangetic plain and coastal areas are particularly vulnerable.

8 Jun 2026 1:55 pm
Lewis Hamilton and Kim Kardashian are worth $2,450,000,000 combined; his 'billionaires shouldn't exist' remark is going viral

Seven-time Formula One champion Lewis Hamilton has faced online backlash after his past comments on wealth inequality resurfaced. Hamilton, with an estimated net worth of $550 million, argued that no individual should accumulate billions while poverty persists. The debate intensified due to his reported relationship with Kim Kardashian, who is worth approximately $1.9 billion.

8 Jun 2026 1:41 pm
Delhi HC seeks Centre, CBSE reply on plea over Class 12 on-screen marking irregularities

The Delhi High Court has asked the Centre and CBSE to respond to a petition by the National Students' Union of India. The student group is seeking an independent inquiry into alleged large-scale irregularities in the on-screen marking system for Class 12 exams. The court has listed the matter for further hearing.

8 Jun 2026 1:31 pm
WI-W vs IND-W live streaming: When and where to watch west indies women vs india women, playing XI, pitch report, weather

West Indies Women vs India Women Playing 11: India Women will play West Indies Women in a warm-up match for the ICC Women's T20 World Cup. The game is scheduled for June 8 in Cardiff. Both teams aim to finalize strategies and player form. India boasts a strong batting lineup, while West Indies relies on experienced players. Weather conditions may impact the match.

8 Jun 2026 1:20 pm
India inflation likely rose to 4% in May as food, fuel costs climb

India's inflation likely climbed to the Reserve Bank of India's 4% target in May, driven by rising vegetable prices and increased fuel costs. This trend marks a shift from the previous 15 months of below-target inflation, with economists anticipating further upward pressure due to elevated wholesale prices and potential monsoon impacts.

8 Jun 2026 1:01 pm
Anand Mahindra fascinated by this Indian city where people can drink water straight from tap; explains why they don't need RO purifiers or bottled water

Anand Mahindra Puri water story: Puri, a coastal city in India, now offers tap water safe for direct consumption. This transformation follows a major infrastructure upgrade and community engagement. Local women, known as Jal Sathis, played a crucial role in building public trust. The initiative has reduced water loss and plastic waste.

8 Jun 2026 12:52 pm
Employee asks for paternity leave; manager calls him an idiot. What happens next changes the tone completely

A tense workplace discussion about a six-month paternity leave request unexpectedly evolved into a profound reflection on family and regret. The manager, initially resistant, ultimately shared his personal experience of prioritizing work over his children's early years, emphasizing the irreplaceable nature of family time and the true strength of a company.

8 Jun 2026 12:50 pm
'What are you doing here?': Viral video shows Indian-origin cricketers save woman from stalker in Canada days after racism row

Indian-origin cricketers in British Columbia bravely intervened when a woman was allegedly being stalked in a park. Their calm approach and de-escalation tactics ensured her safety, earning widespread online praise. This positive act contrasts with a recent viral incident of alleged racism against an Indian-origin man in Nova Scotia, highlighting community spirit amidst divisive events.

8 Jun 2026 12:50 pm
Quote of the day by Charles Darwin: 'It is intolerable to think of spending ones whole life, like a neuter bee, working, working and nothing after all' ; life lesson on marriage vs single life by British biologist

Charles Darwin, at 29, grappled with balancing work and personal life, fearing a solitary existence. His journal revealed a 'neuter bee' analogy for endless labour without companionship. He meticulously weighed marriage's pros and cons, ultimately choosing a life with his cousin Emma, finding fulfilment beyond scientific ambition. Read on to know why it feels relatable in today's era.

8 Jun 2026 12:46 pm
Indians are growing more pessimistic about the economy. RBI Survey shows why

Urban consumers grew more pessimistic about the economy, jobs, and spending in May, with the Current Situation Index falling for the third consecutive round. Professional forecasters also lowered India's growth outlook for 2026-27 to 6.5%, citing emerging signs of softer demand and weakening sentiment.

8 Jun 2026 12:44 pm
From circus dreams to world stage, mother-daughter duo flying Yogasana's flag for USA

Kemi Blake secured a gold medal for the USA at the World Yogasana Championships in Ahmedabad. Her daughter, Kimani Blake, also participated. The mother-daughter duo embraced the competitive aspect of Yogasana, believing it aligns with traditional values. Despite travel disruptions, they achieved their goals. The event showcased the sport's potential for global unity.

8 Jun 2026 12:44 pm
Apple expected to unveil new AI features at last developers conference with CEO Tim Cook

Apple's developer conference begins Monday. New artificial intelligence features are expected. Siri may become more conversational and capable. Hints of new foldable, wearable, and smart home products could emerge. This comes as Apple plays catch-up in AI. CEO Tim Cook will step down in September. John Ternus will take over. This marks a significant transition for Apple.

8 Jun 2026 12:38 pm
Kiwi targets Rs 5,000 crore premium book with AI-led insurance model

A new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans to use AI to transform the industry. The company will focus on reducing transaction times and costs. It aims to achieve this by redesigning processes from scratch. Kiwi General Insurance will initially focus on motor insurance.

8 Jun 2026 12:32 pm
After 2 months and 4 interview rounds, candidate from Washington receives lowball offer, but rejecting it politely leads to unexpected workplace drama, putting his current job in jeopardy

A Reddit user's decision to reject a job offer over an $18,000 salary gap took an unexpected turn when their current employer received an employment verification call less than 24 hours later. The timing sparked online debate, with many questioning whether someone connected to the hiring process may have contacted the employee's workplace.

8 Jun 2026 12:31 pm
SSC GD Answer Key 2026 live update: Direct link out soon, objection process and next selection stages

SSC GD Answer Key 2026: Candidates eagerly await the Staff Selection Commission GD Answer Key 2026. The provisional answer key and response sheets will soon be available on the official SSC website. This allows aspirants to check their answers and calculate potential scores. Candidates can also raise objections to any discrepancies. The recruitment drive aims to fill over 25,000 vacancies.

8 Jun 2026 12:29 pm
US company rejects Indian techie saying it only hires from MIT, Stanford or Ivy League. 6 months later, karma hits the US company

A startup founder rejected a candidate from a Tier 2 college, stating a preference for elite institutions. Six months later, the founder lamented a scarcity of talent, while the same candidate thrived as a backend engineer for a company serving millions. This highlights how rigid hiring filters can overlook valuable potential.

8 Jun 2026 12:12 pm
Korean proverb of the day: 'Love is like water; its shape changes depending on the vessel' - A timeless lesson on how love finds new ways to thrive in every season of life

Love evolves, much like water adapting to its container. This Korean proverb talks about how relationships must change with life's stages and challenges. Adaptability, not rigidity, fosters enduring connections built on trust and care, allowing love to remain strong through every season. Read on!

8 Jun 2026 12:06 pm
From trickle to torrent: Hormuz reopening may trigger a global oil flood

The reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned near the Gulf and oil infrastructure largely preserved during the shutdown, producers are expected to ramp up output quickly once shipping resumes. Industry experts believe a significant portion of the region's production capacity could return within days or weeks, helping restore market balance and easing concerns about prolonged supply disruptions.

8 Jun 2026 11:57 am
Bareilly woman spent 8 years preparing for UPSC, now earns Rs 18,000 in Gurgaon; urges youth to keep an alternative ready

A Bareilly woman shared her eight-year UPSC preparation journey, ending with a modest 18,000 job in Gurugram after exhausting all attempts. Her candid account highlights the harsh realities of aspirant life and urges others to have a Plan B, emphasizing adaptability and continuous learning beyond government jobs.

8 Jun 2026 11:56 am
SC upholds NGT order that landlord cannot be liable for environmental violations committed by tenant

The Supreme Court has ruled that landlords are not responsible for environmental breaches by their tenants' chemical units. This decision upholds a National Green Tribunal order. The Gujarat Pollution Control Board had sought to hold a landlord liable for a tenant's unit. The court's ruling provides clarity on landlord responsibility in such cases.

8 Jun 2026 11:54 am
Oil market calm masks a host of unknowns

Global oil markets are experiencing an unusual calm despite a major supply shock. The Strait of Hormuz remains largely shut, impacting significant global supply. However, prices have retreated from highs. Uncertainties about global inventories, China's demand, and the true state of consumption create a precarious situation. Experts are operating with limited information, making the market's stability fragile.

8 Jun 2026 11:48 am
From $2 per share to a $1.75 trillion giant: How Elon Musk's SpaceX could make employees millionaires overnight

SpaceX IPO: SpaceX employees are set for a major financial boost. As the company prepares for its public listing, stock grants are now worth millions. This wealth transfer is reaching engineers, welders, and other staff. Many workers who held onto their shares will see their fortunes change dramatically. This event marks a significant moment for employee wealth creation in the tech sector.

8 Jun 2026 11:46 am
In 1980, a 15-year-old boy vanished. Today, at 61, he reappeared at his mother's door, bringing tears, surprise & emotion to an Uttarakhand village

Pithoragarh sadhu returns home: A man who disappeared from his Uttarakhand village as a teenager returned home after 46 years as a sadhu to fulfil a sacred promise. Now known as Buddh Nath, he sought alms from his elderly mother, Nandi Devi, in accordance with a spiritual obligation he said was instructed by his late guru, before resuming his life as a renunciant.

8 Jun 2026 11:40 am
Internet services suspended in parts of Jaipur over anti-encroachment drive

Mobile internet services are suspended in parts of Jaipur. This is ahead of an anti-encroachment drive. Five religious structures will be removed. The drive aims to widen a road. Around 3,000 police personnel are deployed. Authorities are preventing the spread of rumors. Strict action will be taken against those spreading misinformation.

8 Jun 2026 11:32 am
GPS Renewables raises Rs 635 crore in Series C funding

Bengaluru-based GPS Renewables has secured 635 crore in Series C funding to expand its compressed biogas (CBG) infrastructure. The investment, led by PixelSky Capital and including a Korean conglomerate, will accelerate the development of large-scale CBG projects across India and bolster its asset platform, Arya.

8 Jun 2026 11:09 am
Keenly watching India-US trade deal developments: Brown-Forman India MD

Brown-Forman, the maker of Jack Daniel's, is closely monitoring the India-United States trade deal. Positive signs are emerging for the bilateral agreement. The company imports its entire product range into India. Rising inflation and transportation costs are noted pressures. The West Asia war has not impacted business yet. Ready-to-drink options are a growing segment.

8 Jun 2026 11:04 am
Philippines Earthquake terrifying video: Children shake, scream as roof shed falls on them during powerful tremors

Philippines Earthquake: A viral video captured the terrifying moment a 7.8 magnitude earthquake struck the Philippines during a school flag ceremony. Students and teachers at Mahayahay Elementary School in Davao Occidental reacted with panic as strong tremors began, with debris falling from a roof. Classes were suspended after safety assessments, and authorities issued a tsunami warning for coastal provinces.

8 Jun 2026 10:53 am
Who is William Ishmael? Meet Singapore-based businessman reportedly set to marry actress Jennifer Winget. Check their education and career

Popular television actress Jennifer Winget is reportedly set to marry Singapore-based businessman William Ishmael, with sources claiming the couple is in a serious relationship and discussing marriage. Read on to know more about it.

8 Jun 2026 10:52 am
As micro-dramas surge, 'vertical actors' find fame and fortune

India's burgeoning micro-drama industry is creating vertical actors who thrive on short-form, emotionally charged content. These performers earn significant income and rapid recognition, with established actors working on multiple series monthly. This trend is expected to produce vertical stars whose fame is built on mobile-first, portrait-mode storytelling.

8 Jun 2026 10:45 am
Oil market likely to return to oversupply after Hormuz reopens: Fitch Ratings

Global oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The closure is a temporary supply shock, not a permanent production loss. Markets are expected to return to oversupply by September 2026. This will be driven by Middle Eastern production recovery and non-OPEC supply growth.

8 Jun 2026 10:44 am
No degree, no startup, just water: Man makes Rs 80,000 a month selling Rs 5-per-litre chilled RO water during heatwave. Simple business idea wins praise

Viral business idea: A viral video showcases a young entrepreneur selling chilled RO water from a battery-powered rickshaw. He delivers purified water directly to customers for just Rs 5 per litre. This simple, low-investment business model is gaining widespread attention for its convenience and affordability. The venture highlights how meeting everyday needs efficiently can create income opportunities.

8 Jun 2026 10:40 am
China's Xi hails 'new start' in North Korea ties ahead of summit

Chinese President Xi Jinping is visiting North Korea to strengthen ties. This visit occurs as North Korea increases trade and military cooperation with Russia. China aims to foster strategic cooperation and socialism. North Korea has showcased its military strength ahead of the summit. This marks Xi's first international trip this year, signaling a new phase in bilateral relations.

8 Jun 2026 10:31 am
Quote of the day by Queen Elizabeth II: 'Cowards falter, but danger is often overcome by those who nobly...' - A powerful reflection on why boldness is often the path to success

Quote of the day by Queen Elizabeth II: Queen Elizabeth II, Britain's longest-reigning monarch, served for over 70 years. She became a symbol of stability and duty. She witnessed major world events and worked with many prime ministers. Her commitment to public service was unwavering. She passed away in 2022. Her legacy continues to inspire.

8 Jun 2026 10:29 am
One Dreamliner leaves, six routes go dark, but IndiGo unveils 'bigger' FY30 ambitions

IndiGo unveiled an ambitious plan to nearly double its scale by FY30, targeting 200 million passengers annually. The airline will focus on international expansion, long-haul operations with new aircraft, premium travel offerings, and growing cargo and ancillary revenues to become a global aviation player.

8 Jun 2026 10:28 am
Bengaluru-based ex-senior manager quit job after 11 years. 'I am not looking for answers, just proof I existed there'

Shivani Jindal, a former Senior Manager in Bengaluru, shares her post-corporate life struggles. After 11 years, she quit her job and now faces confusion and an emotional void. She misses her work, realizing she loved it, not just the job. The uncertainty of what comes next is overwhelming. She seeks proof of her past existence and impact.

8 Jun 2026 10:12 am
Short staff, ancient equipment challenges before Delhi Fire Service as scrutiny mounts

Delhi Fire Service grapples with significant staff shortages and outdated communication systems. Over a quarter of firefighter posts are vacant. Station officer positions are critically understaffed. The department relies on a decades-old wireless system, hindering effective communication between control rooms, stations, and firefighters. This situation comes under scrutiny following a recent tragedy.

8 Jun 2026 10:02 am
Despite an Amazon offer, techie says applications still end in rejection: Reddit explains how to leverage engineer role for better opportunities

Software engineers with an Amazon India offer are still facing rejections from other tech firms. A Reddit discussion revealed that even a prestigious offer may not guarantee faster callbacks. Professionals suggest using referrals and reaching out directly to recruiters. Highlighting offer deadlines can also accelerate the process in a competitive job market.

8 Jun 2026 10:02 am
Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand ahead

Indian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural markets showing strong demand. Two-wheeler sales also increased. Dealers anticipate continued growth driven by monsoon progress and upcoming festivals. Electric vehicle adoption is rising across segments. The industry remains cautiously optimistic for the coming months.

8 Jun 2026 10:02 am
A year on, Air India crash victims' father rebuilds life, says son kept his promise even after death

A father honors his son's promise to secure their future. Mahesh Jirawala died in a plane crash, but compensation allowed his family to buy a home. His father, Girdharbhai Kalawadia, lives with his wife and younger son in Ahmedabad. They are rebuilding their lives, remembering Mahesh's dedication. His brother now runs a salon to support them.

8 Jun 2026 10:01 am
Indian envoy Vinay Mohan Kwatra meets senior United States counter-terror official Sebastian Gorka to discuss collaboration to tackle major terror groups

India's Ambassador to the US, Vinay Mohan Kwatra, held discussions with senior US counter-terrorism official Sebastian Gorka. They shared perspectives on global terrorism threats. Cooperation against groups like Al-Qaida, ISIS, Jaish-e-Mohammad, and Lashkar-e-Tayyiba was highlighted. This follows a joint statement from February 2025 between Prime Minister Narendra Modi and US President Donald Trump.

8 Jun 2026 9:55 am
'Attracted to attractive girls, but': Madhavan makes honest confession about marriage with Sarita and how one relationship advice by Mani Ratnam stayed with him

Actor R. Madhavan once shared insights into his strong marriage with Sarita Birje. He credits his upbringing and transparency for their bond. Madhavan also recalled advice from Mani Ratnam about not testing a healthy relationship. He openly acknowledged his marriage, even during peak popularity. Read on to know more about the relationship advice.

8 Jun 2026 9:50 am
Adani Ports bags 10-year contract for Argentinas first LNG export project

Adani Ports has secured a significant 10-year contract for Argentina's first liquefied natural gas export project. This deal, worth an estimated $70 million, marks Adani's entry into South America. Commercial operations are set to begin in September 2027. The project is poised to boost Argentina's role as a future LNG supplier, with exports planned for countries like India.

8 Jun 2026 9:47 am
Quote of the day by Sir Don Bradman: A good captain must be a fighter; confident but not arrogant, firm but Greatest batter on leadership, criticism and strength

Leadership faces its toughest tests during pressure and criticism. Sir Donald Bradman, cricket's greatest batter, understood this well. His quote highlights the need for confidence without arrogance and firmness without stubbornness. Leaders must accept criticism, even when unfair. Bradman's insights on character and emotional maturity remain vital for leaders today, navigating constant public scrutiny.

8 Jun 2026 9:39 am
UP CNET 2026 Result Date: When will nursing result be announced? Check latest update

UP CNET 2026 Result Kab Aayega: Thousands of nursing aspirants in Uttar Pradesh are anticipating the UP CNET 2026 results, expected in the second week of June. Atal Bihari Vajpayee Medical University will release scorecards online, marking the next step towards counselling for nursing courses. Qualified candidates will proceed to seat allocation based on rank and choices.

8 Jun 2026 9:39 am