The Economic Times

The Aircraft Accident Investigation Bureau continues its probe into last year's Air India crash. Investigators are meticulously examining all collected evidence. This includes aircraft systems, flight recorder data, and maintenance records. A final report will be issued after thorough analysis and review. The Bureau has not yet made recommendations regarding the aircraft manufacturer.

Nestle India has denied allegations of infestation in Maggi noodles circulating on social media. The company stated the claims stem from an unverified social media account. Nestle India has not received the complaint sample and has been unable to contact the complainant. Independent lab tests on reference samples found no infestation.

The Ministry of Information and Broadcasting has released draft rules to bring television, radio, DTH, HITS, and IPTV services under the Telecommunications Act, 2023. These proposed rules aim to simplify and harmonize the existing broadcasting regime, promoting ease of business. Broadcasters will need to ensure continuous channel operations and preserve programme recordings for monitoring.

Indian companies are rapidly investing in electric trucks. This shift is driven by fluctuating diesel prices and a focus on sustainability. Major firms like Ultratech Cement and Vedanta are expanding their electric fleets. Manufacturers report a surge in corporate interest. Electric truck registrations are soaring, indicating growing acceptance and deployment across various sectors.

Sanjana Reddy, from Telangana, rejected an IT job in the USA to empower farmers in her village. She used her knowledge to improve turmeric cultivation and sales. Reddy founded Induru Farms, connecting farmers directly to consumers. This venture ensures better returns for farmers and quality produce for buyers. She now plans to expand into other crops.

Recent examination fiascos highlight a critical need to reform India's testing system. Current procurement practices favor low costs over essential capabilities. This approach compromises physical security, cybersecurity, personnel quality, and real-time monitoring. A shift towards evaluating demonstrated capability, resilience, and accountability is crucial. This will rebuild trust in the examination ecosystem and ensure fairness for students.

Under the memorandum of understanding signed on May 28, AM Green plans to build marine bunkering capacity of up to 200,000 metric tonnes of green ammonia annually by 2029-30, backed by an investment of about 2,000 crore.

Film producers and distributors in Mumbai are concerned about tighter release schedules and increased uncertainty following the discontinuation of the CBFC's 'Tatkal' certification scheme. This withdrawal, coupled with the earlier abolition of the FCAT, is expected to aggravate delays in film clearances, impacting multilingual releases and competitive regional film windows.

Economists expect price pressures to intensify further in June, driven by the continued pass-through of earlier increases in transport and cooking fuel costs amid continued supply disruptions due to the West Asia conflict.

The Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopolitical conflicts. The microfinance market, meanwhile, turned the corner with the fourth quarter showing Rs 77,524 crore in loan disbursement, the highest in the last eight quarters. The sector's asset quality stress also subsided with the share of the portfolio which remained unpaid for 31 to 180 days being at 2%, as of end-March, compared with 6.3% a year a

India has taken a bold step by deregulating key radio frequencies, paving the way for innovative advancements in self-driving and collision-avoidance technologies in vehicles. Car manufacturers are now empowered to integrate cutting-edge global safety technologies, significantly enhancing road safety. Additionally, a novel framework is on the horizon for vehicle communication, designed to optimize traffic management and smarter transportation systems.

Chinese proverb of the day: Chinese saying emphasizes that actions directly lead to corresponding outcomes, as illustrated by the proverb, 'A man who plants melons will harvest melons, and a man who plants beans will harvest beans.' This highlights the importance of personal responsibility, consistent effort, and thoughtful choices in shaping one's future and achieving desired results.

Seth, former group managing director of Anil Ambani-led Reliance Group, has been arrested in a money laundering investigation by the agency in connection with a loan fraud case.

Indian agriculture is at a crossroads, facing significant hurdles in the coming years. Analysts project little to no growth for agricultural GDP in 2026-27, compounded by El Nino fears pushing farmers to adopt less water-reliant crops. While this could alleviate water scarcity, it risks diminishing farm income and curtailing rural consumer activity.

Leopard sightings are becoming common in Asola Bhatti Wildlife Sanctuary. Forest officials report a rise in the big cat population, indicating better habitat. More spotted deer and wild boar are also seen. This ecological improvement is attributed to habitat management and increased protection. The sanctuary's ecosystem is becoming more robust.

Former militants ended their road and railway blockades in Tripura. The action followed negotiations with senior government officials. The blockades were launched over the non-implementation of a tripartite agreement. Hundreds of surrendered militants organized the disruptions. Vehicular and train services were affected across the state. Leaders of the disbanded outfits stated the government had not fulfilled its commitments.

The push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) deposits, aimed at strengthening forex reserves and easing pressures on the rupee. The rupee depreciated nearly 11% last fiscal year and touched a record low of 96.96 against the US dollar in May. It closed at 95.11 on Friday.

Across the annals of Indian history, we find vivid accounts of agrarian resistance standing firm against exploitation. From indigenous forest societies to ambitious cultivators, these groups have historically confronted oppressive governance. Their battles predated revolutionary movements like Naxalism and set a precedent for future uprisings.

India has strongly protested US military strikes near Oman. The US charge d'affaires was summoned twice this week. Three Indian sailors have died in these attacks. Another vessel with Indian crew was also targeted. President Trump accused Iran of attempting to attack Indian ships. India demands an end to actions endangering innocent lives.

Recent incidents have seen Indian holidaymakers criticized for their noisiness and rowdiness in foreign lands, a scenario not unfamiliar in the global travel narrative. Specialists advocate a cultural shift akin to China's meticulous promotion of travel etiquette.

The government has restricted bulk diesel purchases from retail stations to 200 litres per customer and banned reselling to prevent diversion. This measure addresses a significant price gap between bulk and retail diesel, which had led to shortages and disruptions for ordinary consumers. The order remains in effect for 90 days.

Union Home Minister Amit Shah chaired a high-level meeting to review security for the upcoming Amarnath Yatra. The pilgrimage is scheduled to begin on July 3. Top officials, including the NSA and J&K LG, attended the meeting. Agencies are combining advanced technology and intelligence monitoring for a secure environment. Pilgrims will use two routes.

India is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will review easing import curbs on key inputs and consider fresh duties on certain locally manufactured electronics. The government is also evaluating duty cut requests from the pharmaceutical and steel sectors.

El Nino conditions have set in and may strengthen during the southwest monsoon, raising concerns for India's largest sowing window. The neutral Indian Ocean Dipole offers no offset, and the IMD has lowered its monsoon forecast to below-normal. This development threatens crop output, impacting inflation and the rural economy.

Grid India suggests a steering committee for power market coupling. This body would include CERC, Grid India, and power exchanges. The move contrasts with the regulator's draft norms proposing a single operator. Grid India cites European experience and potential single points of failure with a sole operator. This approach aims for efficiency and transparency in the electricity market.

The NTA has introduced student-friendly measures for the NEET-UG 2026 re-test, including a 15-minute extension and doubled rough work space. Cabinet Secretary TV Somanathan emphasized strict security and warned of severe legal action against any attempts to compromise the exam's integrity.

Director-choreographer Farah Khan revealed that the iconic song 'Pehla Nasha' from 'Jo Jeeta Wahi Sikander' was filmed thrice with different actresses before Ayesha Jhulka was finalized. Filmmaker Mansoor Khan also shared that the film's concept, about an underachiever finding success, was conceived in 1981, predating any perceived inspiration from 'Breaking Away'.

A Spanish proverb reveals that loving someone inevitably brings pain, either through empathy for their struggles or jealousy over their successes. This ancient wisdom acknowledges the complex emotional landscape of deep connections. Real love involves vulnerability and is not always effortless. Understanding these emotions fosters stronger, more mature relationships.

Trinamool leader Abhishek Banerjee faced over five hours of questioning by the CID. This was in connection with alleged signature mismatches for the Leader of the Opposition selection. Later, CID officers served him a summons at his residence. This notice relates to accusations of inciting violence and threatening Union Home Minister Amit Shah during recent assembly polls.

Brazil and Morocco will clash in a key FIFA World Cup 2026 match. Brazil, aiming for a record sixth title, faces Morocco, who made history by reaching the 2022 semi-finals. This Group C encounter promises excitement. Fans in India can watch the game on ZEE5. The match is set for June 14.

A woman who spent years trying to break into the tech industry says being laid off from her dream job ultimately helped her regain her health and rethink her definition of success. In a personal essay for Business Insider, she revealed how balancing a demanding tech role with an MBA led to severe burnout, hair loss and constant exhaustion. After accepting a layoff package during a company restructuring, she took time to recover and later rebuilt her career around flexibility, balance and work th

The proverb The loneliest people are the kindest. The saddest people smile the brightest. All because they do not wish to see anyone else suffer the way they do reflects the idea that emotional pain is often hidden behind kindness and smiles. It suggests that people who have experienced loneliness or sadness tend to develop deeper empathy and may choose to hide their struggles so others do not feel the same pain.

Manipur Chief Minister Yumnam Khemchand Singh urged NITI Aayog to spearhead the state's economic recovery and long-term development, emphasizing that development is key to ending insurgency. He sought assistance in planning economic recovery, coordinating ministries, and engaging international partners, particularly for critical connectivity and infrastructure projects.

Pilots' body criticizes the investigation into the Air India flight 171 crash. They claim the lone survivor's account of flickering lights was overlooked. This detail could have shed light on potential electrical failures. The Federation of Indian Pilots has expressed dissatisfaction with the Aircraft Accident Investigation Bureau's handling of the probe. They have sought answers from aviation authorities without success.

French proverb of the day: French saying emphasizes that success often requires patience and perseverance, not just talent and hard work. The proverb 'All comes on time to the one who knows how to wait' highlights that meaningful achievements develop gradually.

Punjab National Bank and Ujjivan Small Finance Bank have raised interest rates on FCNR(B) USD deposits for Non-Resident Indians. This move follows the RBI's announcement of a foreign currency swap window. Bank of Baroda has also introduced a new retail term deposit scheme for resident Indians. These initiatives aim to attract foreign capital and offer attractive returns to depositors.

On This Day in History, June 13 witnessed the death of Alexander the Great, the signing of the enduring Anglo-Portuguese alliance, the landmark Miranda ruling, Thurgood Marshall's Supreme Court nomination, the first summit between North and South Korean leaders and the historic federal criminal case against Donald Trump. The date also featured notable developments in aviation, diplomacy, entertainment and global politics.

This African proverb, 'Let not what you cannot do tear you from what you can do,' emphasizes focusing on existing abilities rather than limitations. It encourages resilience by highlighting that even small actions can lead to progress, reminding individuals to use their strengths to navigate challenges and avoid discouragement.

Quote of the Day by Michael Dell explains systems over motivation for lasting success and long-term excellence in business and life growth. True performance is built through daily structure, not short energy bursts. Systems create discipline, consistency, and focus when motivation fades. Michael Dell insights highlight sustainable success strategies, productivity habits, and entrepreneurial mindset. Real achievement grows through routine actions, smart planning, and continuous improvement over t

Cupid Breweries and Distilleries will acquire an operational alcoholic beverage manufacturing unit in Odisha from United Spirits Limited. The deal is valued at Rs 22.5 crore. This acquisition is a significant step in Cupid Breweries' expansion strategy. The unit has a substantial production capacity. Diageo India is divesting non-core assets as part of its strategic focus.

European Proverb of the Day highlights the meaning of A wise woman never loses her strength, only her patience. The saying reflects how true strength is often expressed through emotional control, resilience, and inner balance rather than outward reactions or impulsive behavior. It suggests that strength is a steady quality that remains intact even in difficult situations, while patience may be tested when faced with stress, conflict, or challenges.

India's telecom department has removed licensing for 5.9 GHz and 77-81 GHz spectrum bands. This move will enhance passenger safety in vehicles. It will also enable the development of autonomous vehicles. Cars and traffic systems can now communicate in real-time. This will make roads safer and reduce congestion. The decision supports connected and autonomous mobility.

The government has increased the onion procurement price to Rs 16.50 per kg. This move aims to boost farmers' income through the buffer stock programme. Farmers in Maharashtra are seeking a higher rate of Rs 30 per kg. The government has set a procurement target of 2 lakh tonnes for the year.

Arunachal Pradesh CM Pema Khandu urged NITI Aayog for special policy interventions and enhanced support for the state's developmental and strategic challenges. He advocated for revised funding criteria, expanded rural connectivity, and strengthening the Northeastern Council to address region-specific issues.