The Economic Times

The Delhi High Court's recent ruling has exonerated Samir K. Modi from defamation allegations made by independent directors Nirmala Bagri and Atul Kumar Gupta, who claimed their reputations were harmed. The court clarified that Modi's remarks were not aimed at them but were pertaining to his mother.

India has initiated the process to acquire 114 Rafale fighter jets from France. A letter of request has been sent, paving the way for price negotiations. The deal, valued at 3.25 lakh crore, includes technology transfer. A significant portion of these jets will be manufactured in India, boosting local production capabilities and aiming for substantial indigenous content.

The National Company Law Tribunal and National Company Law Appellate Tribunal have reshaped commercial justice in India. These bodies, established in June 2016, marked a significant change. The Insolvency and Bankruptcy Code introduced a new approach to resolving company debts. This system prioritizes creditors and sets strict deadlines for resolution. These tribunals have fundamentally altered how commercial disputes are handled.

The southwest monsoon is expected to reach Kerala within the next two to three days. This marks the beginning of the crucial four-month monsoon season for India. Weather officials predict below-average rainfall this year. The progress of the monsoon is being closely watched due to potential El Nino effects.

Prime Minister Narendra Modi met with Myanmar President Min Aung Hlaing in New Delhi. Discussions focused on security cooperation and border management. Myanmar assured India its territory will not be used for harmful activities. Both nations emphasized regional stability. Critical minerals also featured in the talks. This meeting strengthens bilateral ties.

In anticipation of the upcoming sowing season, India is making strategic changes by reducing its fertilizer requirements due to forecasts of insufficient monsoon rainfall. This adjustment means lower demand for urea and DAP, while farmers are encouraged to minimize their reliance on chemical fertilizers, promoting better soil health.

India and Australia are strengthening defence ties. Their defence ministers met in New Delhi. They will sign a new agreement to boost defence industry collaboration. Both nations will work on futuristic technology research. Maritime security cooperation will also increase. They are finalizing a Joint Maritime Security Collaboration Roadmap. This includes sharing information on maritime traffic and enhancing undersea awareness.

Proverb of the Day highlights the importance of mutual respect, honor, and understanding in relationships. The saying teaches that the way people treat their partners often shapes the atmosphere of a marriage. It explains the value of positive communication, emotional intelligence, and appreciation. The proverb also connects with historical and biblical teachings that encourage people to build strong families through respect, cooperation, support, and shared responsibility.

Micron (MU) stock price target: Micron Technology's stock surged past $1,000, driven by robust demand for AI infrastructure and its key role in supplying high-bandwidth memory (HBM). Analysts are raising price targets, with some projecting significant long-term growth, though forecasts remain divided on the sustainability of the AI boom.

A Reddit user shared how a manager denied him a promised salary raise despite a successful performance review and allegedly asked employees not to report overtime hours. The worker later transferred to another department, where a new manager quickly secured the raise he had been promised. Years later, when company leaders considered putting the same supervisor in charge of a major project, the employee made it clear he would not work under him again.

US President Donald Trump stated he is unconcerned if talks with Iran end. He also shrugged off worries about oil prices even if Tehran blocks the Strait of Hormuz. Diplomatic efforts between Washington and Tehran appear to be faltering. Iran has halted message exchanges with the US through mediators.

Korean Proverb of the Day: The lasting power of this proverb comes from its timeless insight: waiting for life to clear every obstacle is a strategy destined to disappoint. Real growth begins when people stop wishing mountains away and start finding the courage to climb them.

Rumi quotes on life: Rumi's timeless wisdom emphasizes personal transformation over changing the world. His quote Yesterday I was clever, so I wanted to change the world. Today I am wise, so I am changing myself highlights that true growth and lasting impact stem from self-reflection and internal change. This message remains relevant today, encouraging individuals to focus on self-improvement and continuous learning.

In a significant move, India and Oman have finalized a trade pact that enables Indian firms to hire workers without the constraints of local quotas. Starting June 1, this initiative prioritizes Indian nationals for employment in Omani projects. It also reinforces the protection of Indian workers across various non-service industries, particularly in Indian-operated businesses.

Domestic jet fuel prices continue to track international markets with under-recovery of around Rs 30 per litre, the government said Monday, while also confirming steps to manage LPG demand through booking timelines and restrained commercial supplies.

Nissan India achieved strong sales in May 2026. Total sales reached 7,971 units. Domestic sales saw a significant jump of 118 percent compared to the previous year. Exports contributed 5,023 units. This marks the third consecutive month of domestic sales growth. The All-New Nissan GRAVITE and Nissan Magnite, including CNG models, are driving this success.

Maruti Suzuki achieved its highest-ever monthly sales in May, driven by strong performance across all segments, including a significant surge in small car and utility vehicle sales. Tata Motors also reported robust growth, setting a new record for EV sales. The two-wheeler and commercial vehicle sectors also witnessed steady demand and growth.

Oracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despite strong financial performance and significant growth in its AI business, the company is redirecting resources towards AI infrastructure. The layoffs, particularly within Oracle Health, have raised concerns about ongoing projects and obligations.

Iran is pursuing a limited interim agreement with the United States. This move aims to alleviate mounting economic pressure and stabilize the domestic situation. The Islamic Republic seeks to avoid significant concessions on its nuclear program. This strategy allows Iran to buy time and unlock financial relief. It also helps contain rising domestic risks stemming from a deteriorating economy.

Assam's Chief Minister engaged in a crucial dialogue with Union Ministers to revitalize the state's energy sector. Key discussions revolved around expanding oil and gas exploration and enhancing production methodologies. Opportunities for Free Trade Agreements aimed at uplifting small businesses and agricultural communities were also on the table.

Mamata Banerjee alleges an organized attempt to weaken the Trinamool Congress through intimidation and misuse of state machinery. She plans a dharna and calls for national protests, vowing not to bow to pressure. Banerjee asserts the party's strength lies with its workers and that attempts to divide them will fail, emphasizing democratic resistance over infrastructure.

The pop superstar has long been known for cultivating close-knit and enduring friendships, frequently showing appreciation for the people in her inner circle through both public gestures and private support. However, as is often the case with relationships that span many years, some of those once-strong bonds appear to have drifted apart over time.

Shane Nigam's Malayalam crime thriller Dridam is set to make its OTT debut a little over a month after its theatrical release. Directed by debutant Martin Joseph, the film follows newly appointed Sub-Inspector Vijay Radhakrishnan as he investigates a series of crimes that disrupt a once-peaceful rural town. Written by Jomon John and Linto Devasia, the investigative thriller also features Shobi Thilakan, Krishna Prabha, Nandan Unni and Dinesh Prabhakar in key roles.

Shipping routes East of Hormuz and in the Red Sea have seen a significant increase in services. The Indian government is also processing a large number of applications for the Emergency Credit Line Guarantee Scheme 5.0. This comes as tensions in West Asia have impacted maritime trade and insurance. India has launched a maritime insurance pool to support its vessels.

An expert believes ransom letters in the Nancy Guthrie case were a diversion. He compares the abduction to the John Hinckley Jr. case, suggesting a methodical perpetrator with an irrational motive. Nancy Guthrie, mother of Savannah Guthrie, has been missing since February. Investigators are pursuing leads, and hope remains for her safe return.

The Reserve Bank of India has initiated its annual surveys for the 2025-26 period. These surveys will gather crucial data on mutual funds' foreign financial liabilities and assets. Additionally, information on computer software and IT-enabled services exports will be collected. The collected data is vital for compiling India's external sector statistics.

US President Trump's cautious optimism regarding Iran negotiations has been shattered as Tehran suspends talks, citing Israeli actions in Lebanon. This escalation threatens the Strait of Hormuz, reignites military exchanges, and jeopardizes Trump's political standing and economic stability ahead of crucial midterm elections.

Assam Chief Minister Himanta Biswa Sarma met with Union Ministers Manohar Lal Khattar, Mansukh Mandaviya, and Jagat Prakash Nadda to discuss key development initiatives. Discussions focused on achieving energy self-sufficiency, accelerating urbanisation, strengthening sports infrastructure, and transforming Assam into a major healthcare and medical tourism hub.

Fish oil benefits for type 2 diabetes: Fish oil supplementation reduced insulin resistance and improved glucose tolerance in non-obese diabetic rats, suggesting inflammation plays a key role even without excess weight. Omega-3 fatty acids shifted immune cells towards an anti-inflammatory state, potentially improving metabolic health.

Chinese Proverb of the Day highlights the meaning of A woman that is not loved is as a kite from which the string has been taken; she driveth with the wind, and cometh to a long fall. The saying reflects the importance of emotional support, love, and human connection in giving stability and direction to life.

Digestive issues like bloating and constipation are common. Mumbai-based nutritionist Suman Agarwal highlights five superfoods for better gut health. These include flax seeds for fibre and omega-3s, fennel seeds to ease discomfort, chamomile tea for relaxation, honey for its enzymes, and psyllium husk as a soluble fibre source. Simple dietary changes can significantly improve well-being.

American manufacturing saw a significant boost in May, reaching its highest point in four years. Businesses are ordering ahead due to rising prices and shortages. The conflict with Iran is impacting global shipping and commodity costs. Despite increased orders, factory jobs remain low, with companies managing headcounts through attrition and layoffs.

Juneteenth, celebrated on June 19, marks the end of slavery in the United States. This federal holiday honors freedom and history. Enslaved people in Texas learned of their freedom on this day in 1865. The holiday's observance continues to grow, reflecting its enduring significance. Juneteenth celebrations feature parades, music, and educational events.

France is set to receive a record 93 billion euros in foreign investments. This significant funding will boost artificial intelligence and data centers. Japanese tech investor SoftBank is contributing 45 billion euros. These investments aim to make France a leader in computing capacity in Europe. The pledges will also support semiconductors, critical minerals, and healthcare sectors.

Tom Holland's journey to becoming one of Hollywood's biggest stars has sparked fascination among fans, thanks to several old interviews that appear to show him predicting key moments of his future. From expressing his desire to play Spider-Man and star in an Uncharted movie to naming Zendaya as his celebrity crush years before they became a couple, Holland's dreams have repeatedly turned into reality.

As thousands of English-educated South Indian men moved across India for secretarial jobs in the mid-20th century, they brought their families and food traditions with them. In unfamiliar cities, their wives adapted regional recipes using local ingredients, creating new culinary blends. As Telugu and Tamil families settled in cities like Calcutta and Mumbai, women improvised with local ingredients, shared recipes, and introduced South Indian foods to new communities.

Feeling overwhelmed by daily life, this article offers six simple ways to romanticize your existence and find joy in ordinary moments. By incorporating small habits like buying flowers, watching sunsets, cooking mindfully, dressing up, taking long walks, and listening to music, you can cultivate a more present and fulfilling life.

India has requested France for 114 Rafale fighter jets. This major deal is valued at approximately 3.25 lakh crore rupees. A significant portion of these jets will be manufactured in India. This move aims to bolster the Indian Air Force's fighter aircraft squadrons. The agreement is expected to be finalized within a year.

Axis Bank has boosted its stake in Axis Max Life Insurance. The bank and its subsidiaries now hold 19.99 percent of the insurer. This move follows an investment of up to Rs 380 crore. The Reserve Bank of India granted approval for this investment. Axis Max Life Insurance reported a gross written premium of Rs 38,877 crore for FY26.

GVK family-backed Oval Fertility has launched its first premium IVF center in Hyderabad, leveraging advanced embryo monitoring technology. Co-founded by US fertility specialist Dr. Brian Levine and Veena Reddy, the venture aims to redefine fertility care with a blend of science, technology, and personalized patient experience. The clinic, priced at Rs 4.