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The Economic Times

Economy / The Economic Times

Quote of the day by Joaquin Phoenix: 'I thought I had achieved ultimate success. But if your definition of success is completely destroying your...' A powerful lesson on fame and ambition by Joker, Gladiator actor

Joaquin Phoenix once declared that his controversial 2010 mockumentary, I'm Still Here, was a success if 'destroying your career' was the goal. This bold statement, made with filmmaker Casey Affleck, aimed to blur reality and performance, risking his public image for a creative experiment. Read on to know how the experience became a life lesson.

22 Jun 2026 11:10 am
Karan Sharma elevated as Avendus' I Banking head

Avendus Group, now majority-owned by Mizuho Securities, has appointed Karan Sharma as its new Managing Director and Head of Investment Banking. Sharma, a 15-year veteran instrumental in building the firm's digital and technology practice, will steer the business's strategic direction and growth. This transition allows co-founder Gaurav Deepak to concentrate on broader strategic priorities and client engagement for Avendus' next growth phase.

22 Jun 2026 11:06 am
Iran, US establish communication line to safeguard shipping through Hormuz, say mediators

Iran and the United States have established a direct communication line to avoid incidents and miscommunication in the Strait of Hormuz, mediators Qatar and Pakistan announced on Monday after the first round of high-level talks under a 14-point Memorandum of Understanding (MoU).

22 Jun 2026 10:55 am
Top neurologist lost 29 kilos. He also lowered his resting heart rate from 70 to 40. Here's how he did it

A Hyderabad neurologist, Dr. Sudhir Kumar, dramatically lowered his resting heart rate to the 40s through consistent lifestyle changes over 5.5 years. His transformation involved significant weight loss, prioritizing 7-8 hours of sleep nightly, and dedicating himself to daily running, averaging 6-15 km. Dr. Kumar emphasizes that these simple, sustained habits, not supplements, are key to a healthier, more efficient heart and reduced cardiovascular risk.

22 Jun 2026 10:51 am
In 1979, 'Uncle Moosa' quit his govt job, took a suitcase full of books to remote Arunachal & led a revolution that changed childrens lives forever

Sathyanarayan Mundayoor, a former Revenue Officer from Kerala, left his secure government job to bring books and learning opportunities to remote communities in Arunachal Pradesh. Affectionately known as 'Uncle Moosa', he went on to establish numerous libraries and launch the Home Library Movement, helping foster a lasting culture of reading among tribal communities across the state.

22 Jun 2026 10:45 am
Two dead after speeding BMW crashes into divider on Baroda-Panvel Highway

A tragic accident on the Baroda-Panvel Highway claimed two lives when a speeding BMW, reportedly traveling at 250 kmph, crashed into a divider. The driver, Angad Gill, has been booked for violating traffic rules. The victims, Rebecca Jacob and Yogesh Kishan Negi, were rushed to the hospital but tragically passed away due to their severe injuries. Investigations are ongoing.

22 Jun 2026 10:44 am
'We will talk in 5 years': Sridhar Vembu reacts to IBM CEO Arvind Krishna's statement on 'multi-trillion dollar AI data center bubble'

Zoho founder Sridhar Vembu dismisses the massive AI data center buildout as a potential bubble, contrasting IBM CEO Arvind Krishna's concerns with his company's focus on core AI capabilities like data curation and compiler infrastructure. Vembu stated Zoho won't chase the investment frenzy, emphasizing prudence over speculative spending. This stance echoes warnings about repeating past tech boom patterns where infrastructure outpaced demand.

22 Jun 2026 10:39 am
Mumbai's HR College graduate earned just Rs 15 lakh from his first film, worked as ad copywriter before acting. Now, he is India's highest-paid actor, ahead of SRK, Allu Arjun and Rajinikanth

Ranveer Singh has reportedly become India's highest-paid actor, surpassing industry giants like Shah Rukh Khan and Rajinikanth. This remarkable career shift follows the immense commercial success of Aditya Dhar's spy-action franchise, Dhurandhar and Dhurandhar: The Revenge. The films' massive box office collection. Read on to know how Dhurandhar changed the game.

22 Jun 2026 10:14 am
Uttarakhand: DM dismisses takeover claims at Gurdwara in Nagrasu; granthi alleges violence, stone-pelting

Don't pay attention to rumours that the Gurdwara has been taken over, that someone has been taken hostage, or that any violence has occurred. No such incident has taken place. The Gurdwara's management committee is operating in a completely peaceful environment. There are no problems of any kind, he added.

22 Jun 2026 9:51 am
From Brahma Kamal to Night phlox: 7 rare flowers you will only see blooming under the moonlight

Discover nature's nocturnal wonders as several captivating flowers unfurl their petals only after sunset. From the famed Queen of the Night cactus to the glowing Moonflower and fragrant Evening Primrose, these blooms release enchanting scents to attract night pollinators. Explore the mysterious beauty of these rare, short-lived blossoms that transform gardens and forests into magical nocturnal landscapes.

22 Jun 2026 9:49 am
Heavy rains lash Meghalaya; landslide severs connectivity to Laitlyngkot village

Meghalaya is experiencing heavy rainfall, with Mawsynram recording a staggering 530 mm in 24 hours. A major landslide has completely blocked the Shillong-Dawki road near Laitlyngkot village, severing connectivity. Authorities have closed the road indefinitely, warning commuters to avoid the route beyond Laitlyngkot. Repair work is expected to take several days. Other areas also reported significant rainfall.

22 Jun 2026 9:41 am
More than 1000 years old, this divine drink helps people beat the heat in Orissa, has a nutrient rarely found in vegetarian food

Discover Tonka Torani, a traditional Odia summer drink steeped in history and offered to Lord Jagannath. This fermented rice beverage, blended with curd and spices, offers a refreshing, tangy taste and boasts significant health benefits, including improved gut health and nutrient absorption. Its deep connection to Odisha's pakhala heritage makes it a culinary and cultural cornerstone.

22 Jun 2026 9:37 am
Skipping a Rs 150 gourmet coffee won't make you rich, says CA. Here's what actually will

Forget penny-pinching for wealth, says CA Nitin Kaushik. He argues that while controlling expenses is wise, true financial growth stems from boosting income and investing in assets. Focusing on increasing your primary earning power and allocating significant cash flow to compounding assets like real estate or business equity offers a far greater path to long-term prosperity than merely cutting daily indulgences.

22 Jun 2026 9:35 am
Maharashtra: BMC alerts citizens after IMD issues 3-hour Orange weather warning

Mumbai is bracing for more pre-monsoon showers as the BMC issued an Orange warning for thunderstorms, lightning and gusty winds. While these rains offer respite from the heat, they've caused waterlogging. The monsoon's official arrival is imminent, with favourable conditions for its advance across several Indian states.

22 Jun 2026 9:27 am
Iran-US talks: Key takeaways from first round in Switzerland

Recent discussions between Iran and the US in Switzerland mark a promising step towards resolving the Middle East conflict, facilitated by Pakistan and Qatar. The two countries have established a timeline to reach a conclusive agreement within 60 days, which encompasses creating a de-confliction cell for Lebanon and a communication line for the strategic Strait of Hormuz.

22 Jun 2026 9:26 am
Blast OTT release Blast OTT release date and platform confirmed: When and where to watch Arjun Sarja, Abhirami, Preity Mukhundhan's Tamil action movie

Tamil action thriller Blast, starring Arjun Sarja, is set for its digital premiere, following a successful theatrical run. The film, which has garnered over Rs 58 crore at the box office, revolves around a martial arts master and his family who bravely confront a powerful mining syndicate threatening their village. Read on!

22 Jun 2026 9:16 am
NTA dismisses video claiming NEET-UG 2026 paper leak as 'fake', says re-exam successfully held

NEET-UG 2026: The National Testing Agency (NTA) has debunked a viral video claiming a NEET-UG 2026 paper leak, labeling it as fake and emphasizing the exam's secure conduct. More than 20 lakh students participated in a re-examination following earlier leak allegations. The NTA, with extensive government support, conducted the re-test efficiently, employing advanced security measures like biometrics and CCTV surveillance to ensure fairness for all aspirants.

22 Jun 2026 9:13 am
US strike on vessel in Caribbean Sea kills 2, leaves 6 survivors

The U.S. military conducted another strike on a suspected drug boat in the eastern Pacific, resulting in two deaths and six survivors. This latest incident, part of an ongoing campaign against alleged traffickers, brings the total killed in such strikes to over 210 since September. Critics question the legality and effectiveness of these attacks, particularly as evidence of drug smuggling is often absent and the primary drug linked to U.S.

22 Jun 2026 9:05 am
AP EAMCET Result 2026 at cets.apsche.ap.gov.in: How to download your scorecard, rank card and check qualifying marks

AP EAMCET Result 2026: Andhra Pradesh students are on the edge of their seats as AP EAMCET 2026 results are anticipated soon on cets.apsche.ap.gov.in. Conducted by JNTU Kakinada for APSCHE, this exam is the key to engineering, agriculture, and pharmacy admissions. General category candidates need 40 marks to qualify, while SC/ST students are exempt from this minimum. Post-results, counselling and seat allotment will commence.

22 Jun 2026 8:56 am
Garena Free Fire MAX Redeem Codes for June 22, 2026: Check active rewards to get free gun skins, emotes and exclusive rewards

Garena Free Fire MAX players have a chance to snag free in-game rewards today, June 22, 2026, with newly released redeem codes. These codes unlock items like weapon skins and costume bundles, but act fast as they have limited validity and are server-specific. Players can redeem them via the official Garena website, ensuring their account is linked to a supported platform.

22 Jun 2026 8:48 am
Aurobindo Pharma US gets FTC nod for $250 million acquisition of Lannett Company

Aurobindo Pharma's US arm has secured Federal Trade Commission approval for its $250 million acquisition of Lannett Company. This strategic move, expected to conclude by June 2026, will bolster Aurobindo's complex generics and controlled substances portfolio, enhance its US manufacturing capabilities with Lannett's Indiana facility, and is projected to immediately boost earnings per share.

22 Jun 2026 8:46 am
'Kaun bola ye?': Alia Bhatt loudly asks after audience member says, 'Money is all that girl wants' on India's Got Latent 2. Video goes viral

Alia Bhatt is winning praise online after reacting to an audience member's remark on India's Got Latent 2. When a man suggested that women only want money, the actress reacted quickly, Samay Raina also joined in with a response. The viral moment comes amid discussions around the recent Rs 370 biryani controversy. Read on!

22 Jun 2026 8:46 am
China's rare earths curbs extend pressure on supply to Japan

Japan's rare earth magnet makers face a prolonged supply crunch as China's exports of crucial heavy rare earths like dysprosium and terbium remain negligible. This diplomatic fallout, stemming from tensions over Taiwan, has severely impacted Japanese industries. Despite this, China's overall rare earth magnet exports saw a significant dip in May, prompting Japanese firms to seek alternative supply chains and invest in new refining facilities.

22 Jun 2026 8:40 am
Shipping data reveals see-saw situation in Strait of Hormuz

Shipping traffic through the Strait of Hormuz plummeted on Sunday after Iran declared it closed again, citing alleged violations of a peace deal. Data revealed only five vessels passed, a stark drop from the previous day. This comes after Iran had previously lifted a blockade following a ceasefire agreement.

22 Jun 2026 8:31 am
Steel industry sounds alarm over slow progress on green steel

The global push for green steel faces significant hurdles, with half of planned projects delayed and government support falling drastically short of the $1.5 trillion needed. Industry leaders warn that without increased state funding and customer willingness to pay more, cutting emissions from steel production, which accounts for 7-9% of global emissions, will remain a distant goal.

22 Jun 2026 8:14 am
Your father earned far less but built more wealth. Bengaluru CA explains how they turned their money into assets

Many high earners today struggle to build wealth, despite significantly higher incomes than previous generations. Chartered accountant Meenal Goel suggests the difference lies not in income, but in how money is utilized. While parents' income growth often translated to asset growth, today's earners frequently see increased salaries lead to lifestyle upgrades and higher expenses, hindering wealth accumulation. The key, Goel emphasizes, is mindful spending and prioritizing long-term financial heal

22 Jun 2026 8:05 am
Newsmaker | Who is Abelardo De La Espriella, Colombia's new right-wing president?

Colombia has elected nationalist lawyer Abelardo De La Espriella as its new president, signaling a significant political shift. Known as The Tiger, he campaigned on a platform of restoring order, reviving the economy with market-friendly policies, and adopting a hardline security approach. De La Espriella, who plans to reduce state size and boost oil production, defeated leftist senator Ivan Cepeda in a close runoff election.

22 Jun 2026 7:57 am
FIFA World Cup 2026 Points Table: Winners, latest match standings, group tables and team stats

FIFA World Cup Points Table 2026: Spain, Japan, and Germany secured crucial victories in their latest matches, bolstering their group standings. Spain thrashed Saudi Arabia 4-0, Japan dominated Tunisia 4-0, and Germany narrowly defeated Cte d'Ivoire 2-1. Ecuador and Curaao played to a goalless draw. Several teams, including Mexico, USA, and England, continue to lead their respective groups undefeated.

22 Jun 2026 7:41 am
Oil export curbs waived, blockade lifted: Iran says 'major progress' in US talks

Iran and the US have made significant strides in peace talks, with mediators Qatar and Pakistan announcing major progress. Discussions in Switzerland have led to agreements on oil exports, asset releases, and a development plan for Tehran. A roadmap for a final deal within 60 days has been established, alongside a de-confliction cell for Lebanon and a communication line to ensure safe passage in the Strait of Hormuz.

22 Jun 2026 7:22 am
Your parents' retirement mistake could quietly derail your financial future, warns CA. Here's why

Many working Indians face the unspoken challenge of funding elderly parents' care without jeopardizing their own financial future. With rising medical costs and a significant portion of seniors dependent, chartered accountant Nitin Kaushik advises proactive planning. He suggests creating a dedicated emergency fund for parent care and securing senior citizen health insurance early.

22 Jun 2026 7:21 am
Not Diljit Dosanjh or AP Dhillon: Virat Kohli reveals the Punjabi singer whose song became part of his pre-match routine. He shares heartbreaking reason behind it

Cricket superstar Virat Kohli revealed a personal connection to Punjabi singer Karan Aujla's song Winning Speech. This powerful connection has made the song a regular feature in his pre-match preparation, offering him a reminder of his struggles and sacrifices before stepping onto the field. Read on to know more about it.

22 Jun 2026 7:15 am
India likely won't export sugar for years as El Nino, ethanol squeeze supply

Once as a top sugar exporter, India is now anticipating a three-year stretch of significant export deficits, primarily driven by El Nino's adverse effects on cane cultivation. As ethanol demand rises, farmers are beginning to reassess their planting strategies, with some considering alternative crops. This shift might mark the first occasion in a decade where India turns to sugar imports, altering both domestic and international markets.

22 Jun 2026 7:07 am
US-Iran talks go into Day 2 after Trump threats, Hormuz closure

Peace talks between the U.S. and Iran in Switzerland faced immediate tension as Tehran announced the closure of the Strait of Hormuz again, prompting Trump to reiterate threats of renewed attacks. Despite conflicting accounts of the negotiations, discussions reportedly covered the Strait, Lebanon and nuclear issues.

22 Jun 2026 6:52 am
New OTT releases this week (June 22 - June 28): What's new on Netflix, ZEE5, Prime Video, JioHotstar, Apple TV+ and more

From dragons and Pandora adventures to reality show drama and family entertainers, the second final week of June brings an exciting mix of new OTT releases. Here's a look at the biggest movies and series arriving on Netflix, Prime Video, JioHotstar, SonyLIV, Lionsgate Play and other streaming platforms this week. Read on!

22 Jun 2026 6:51 am
US Trade Representative Jamieson Greer on visit to India to discuss trade deal

U.S. Trade Representative Jamieson Greer has arrived in New Delhi to finalise an interim trade agreement with India. This visit is the culmination of talks between Prime Minister Modi and President Trump, representing notable progress in the broader U.S.-India Bilateral Trade Agreement. shortly.

22 Jun 2026 6:45 am
How DTAA helps taxpayers avoid double taxation

If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 108th part of this series, Riju Mehta explains how the Double Taxation Avoidance Agreement helps taxpayers.

22 Jun 2026 6:30 am
ITR filing FY 2025-26: New rules, forms, deadlines

The deadline for filing income tax returns for FY2025-26 has arrived, with new rules and forms in effect. Notably, ITR 3 and ITR 4 filings now have a staggered deadline of August 31st, offering some relief. Significant changes include updated disclosure requirements for Futures & Options trading and revised capital gains tax reporting, signaling a move towards more data-driven scrutiny by the tax department.

22 Jun 2026 6:30 am
Started investing late? Cover your risks first

Ashish Mishra is currently focussing on two primary financial goals his childs education and an early retirement at 51. Heres what the doctor has advised him.

22 Jun 2026 6:30 am
Microcaps shine as largecaps falter in 2026

Welcome to TrendMap, your quick guide to the performance of different investment segments. No single segment always leads. In this edition, we present a 10-year equity performance tracker, ranking annual returns across market-cap segments. Investors risk appetite has turned more selective in 2026 so far. By Sameer Bhardwaj.

22 Jun 2026 6:30 am
Moderate health claims experience for most Indians

Policybazaar's latest Health Claims Experience Index reveals that while cashless claims are preferred, the overall process needs significant enhancement. Many policyholders opt for reimbursement due to perceived delays in cashless approvals, leading to financial strain. Key pain points in reimbursement include delays and rejections, with customers seeking simpler forms and readily available hospital lists for a smoother experience.

22 Jun 2026 6:30 am
Credit card points: Earn free flights and stays

Travellers should also remember that loyalty program transfers are generally irreversible. Before moving points to an airline or a hotel program, it is advisable to confirm award availability and understand the redemption rules. Airline miles can also expire or lose value over time if loyalty programs change their award charts. Besides, there are taxes and fuel surcharges, which could be expensive.

22 Jun 2026 6:30 am
NRIs can now earn up to 7% on dollar deposits

For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.

22 Jun 2026 6:30 am
Why a good manager matters in your career

You cant pick the manager, but he could decide your career, says Devashish Chakravarty.

22 Jun 2026 6:30 am
Power stocks surge on demand revival, investments

Rising electricity demand and a strong investment cycle lift outlook for power companies.

22 Jun 2026 6:30 am