The Economic Times
Elections 2026Economy / The Economic Times
UNESCO has warned Pakistan to reverse econstruction work at Taxila's historical sites, Mohra Moradu and Sirkap, or risk being placed on the UN agency's danger list. Concerns were raised about interventions undermining the sites' integrity, with new masonry replacing ancient walls and heights being altered. Pakistan's archaeology department insists the work is conservation, not reconstruction, aimed at stabilization and preservation.
Commerce Minister Piyush Goyal emphasized Japan's crucial role in India's Act East Policy, highlighting joint efforts for a free and open Indo-Pacific alongside the US. India is actively addressing trade regulations with Japan to boost exports during Prime Minister Sanae Takaichi's visit, which focuses on enhancing trade, investment, and strategic ties. This collaboration builds on Japan's prior commitment to invest billions in India.
Prime Minister Narendra Modi and his Japanese counterpart will inaugurate Maruti Suzuki's expansive new manufacturing facility in Kharkhoda, Haryana today. This state-of-the-art plant, a significant step in the 'Make in India' initiative, boasts advanced technology, a focus on sustainability with 100% renewable energy and water recycling, and aims to boost annual production significantly, creating thousands of jobs.
US President Donald Trump has shared an AI-generated video on Truth Social, depicting himself as a doctor offering a 'treatment plan' for TDS. The clip features fictional patients crediting his advice for their recovery. The video concludes with Trump recommending avoiding 'fake news,' praying, and enjoying a Diet Coke for a remarkable life improvement.
Visakhapatnam is emerging as India's next AI infrastructure hub, attracting massive investments from tech giants like Google and Reliance. The city's strategic coastal location, coupled with potential for clean energy and robust industrial capabilities, makes it ideal for data centers and subsea cables, according to experts. This development, analysts say, promises to boost India's digital resilience and AI capabilities, positioning the nation for significant growth in the global tech landscape.
TVS Motor Company witnessed a 47% surge in total sales for June 2026, reaching 590,003 units. This growth was driven by a strong performance in two-wheelers, with domestic sales up 46% and electric two-wheeler sales more than tripling. The company also achieved its highest-ever quarterly sales in the June quarter, underscoring a robust financial period.
Chartered Accountant Nitin Kaushik debunks the myth that wealth is a prerequisite for investing. He argues that financial growth begins with small, consistent actions, not a large bank balance. Starting early, even with modest amounts like Rs 1,000 monthly, builds crucial habits, learning, and confidence. Delaying investment means forfeiting valuable time, the most potent growth factor in the market.
Hyderabad neurologist Dr. Sudhir Kumar clarifies that energy drinks primarily offer caffeine and sugar, not true energy for workouts. He emphasizes they are distinct from sports drinks, which replenish fluids and electrolytes. For most, water suffices, with fruits like bananas being better fuel. Excessive consumption poses risks like weight gain and heart issues, with children and pregnant women advised to avoid them.
Mehbooba Mufti, president of the Peoples Democratic Party, is set to visit Iran to pay her respects at the funeral of Supreme Leader Ayatollah Ali Khamenei, following an invitation from his office. This invitation underscores the long-standing and strategic relationship between Iran and India. Mufti regards this as a significant honor and views it as a unique opportunity to participate in the solemn state funeral ceremonies in Tehran.
Apple is gearing up for its September launch, with reports suggesting the debut of the highly anticipated iPhone Ultra, its first foldable device. Alongside the iPhone 18 Pro and Pro Max, the Ultra is expected to command a premium price, potentially exceeding Rs 2 lakh in India. Details also hint at a powerful A20 chip and advanced camera features for these new models.
Taylor Swift and Travis Kelce are reportedly set to get married on July 3 in New York City, although the couple has not confirmed the news. Rumours surrounding a celebration at Madison Square Garden have gained attention after road closures and nearby hotel bookings. Reports also suggest that Stevie Nicks and Tim McGraw could perform at the event. Read on to know more about the wedding.
He added a report by the Japanese newspaper The Yomiuri Shimbun, which noted that these initiatives, valued at approximately 2 trillion yen on the Japanese side, aim to deepen their footprint in India's expanding market.
Bajaj Auto has reported a robust 28% year-on-year jump in total sales for June, reaching 4,63,202 units. This impressive growth was fueled by a significant 47% surge in exports, alongside a healthy 11% increase in domestic sales. The company's two-wheeler segment also saw a strong 30% rise. For the June quarter, overall sales climbed 29%, with exports nearly doubling.
Iran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening its negotiating position. Weak demand from China, its primary buyer, and lingering sanctions concerns are major hurdles. While some oil has been discharged in China, India remains cautious, awaiting payment clarity and a full sanctions lift. Attractive pricing could still revive Asian interest.
India has strongly urged the global community to unite against terrorism, emphasizing that a terrorist is a terrorist and no grievance can justify such acts. Speaking at the UN, Ambassador Harish Parvathaneni called for an end to double standards and accountability for those involved in terror.
Jammu and Kashmir Lieutenant Governor Manoj Sinha flagged off the inaugural batch of over 4800 pilgrims for the Shri Amarnath Ji Yatra from Jammu. The 57-day pilgrimage, commencing July 3rd from Pahalgam and Baltal routes, will conclude on August 28th. Extensive arrangements have been made for devotees undertaking this sacred journey to witness the naturally formed ice Shivling.
New York City is abuzz with speculation about a potential Taylor Swift and Travis Kelce wedding, possibly at Madison Square Garden. Mayor Zohran Mamdani's playful hypothetical remark during a heatwave warning has fueled rumors. Reports suggest a massive guest list, including celebrities and Kansas City Chiefs players, with strict confidentiality measures. Officials confirm a permit for a large event at MSG, adding to the mounting excitement.
India's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans for expansion and acquisitions. Banks, wary of complex financing, are leaving a gap that private lenders are filling with flexible, albeit costlier, solutions. While growth is strong, regulators are urging caution due to emerging risks like rising defaults and market opacity.
Kangana Ranaut has recently schooled Lock Upp 2 contestant and actor Ram Kapoor on his attitude, urging him to stop justifying his actions if he seeks personal growth. This follows earlier criticism from Farah Khan regarding Ram's subdued performance. Ram's controversial remarks defending infidelity in marriage had previously sparked widespread backlash online. Read on to know what the actress said to him.
The U.S. nuclear regulator is proposing to replace the 'As Low As Reasonably Achievable' (ALARA) radiation protection standard with objective dose limits. Proponents claim this will bring clarity and speed up new reactor development, while critics argue it could allow higher radiation exposure for workers and the public to cut industry costs, potentially increasing cancer risks.
Iran has sharply criticized a US-led security summit in Bahrain, asserting that the Strait of Hormuz falls under Tehran's command, not American authority. Deputy Foreign Minister Kazem Gharibabadi dismissed the summit's legitimacy, stating that regional security must be managed by neighboring states without foreign military intervention. The meeting, attended by military leaders from twelve nations, aimed to ensure the free flow of commerce through the vital waterway.
Parliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The committee will hear from the Reserve Bank of India regarding financial stability and money laundering concerns, followed by discussions with the Institute of Chartered Accountants of India on taxation and accounting. This crucial meeting aims to gather expert insights to shape India's approach to the burgeoning crypto ecosystem.
Chennai girl studies on the footpath beside her mother's flower stall in Tambaram. The young girl's unwavering focus on her studies beside her mother's flower stall has ignited national conversation. The viral video has sparked conversation nationwide about parenting, hard work, grit and determination amid tough times.
Bringing greenery indoors is now stress-free, even for beginners. Discover resilient houseplants like the Snake Plant, Pothos, and ZZ Plant that tolerate neglect and varied light. These hardy varieties, including the Spider Plant, Peace Lily, Cast Iron Plant, and Aloe Vera, are perfect for busy lives. Simple tips ensure even the toughest plants thrive, making indoor gardening accessible and rewarding for everyone.
Tamil Nadu Chief Minister C Joseph Vijay has voiced strong opposition to the Centre's Viksit Bharat Guarantee scheme, citing a potential Rs 5,000 crore financial strain and operational hurdles. He urged the Prime Minister to reconsider the fund-sharing pattern and allow states more flexibility in allocating resources, arguing the current centralized approach neglects regional diversity and unpredictable agricultural needs.
The new teaser of Yash's upcoming film Toxic, titled Ladies & Ladies, has sparked backlash over its portrayal of the female characters. Many viewers criticised its glamorous presentation; meanwhile, an old video of Yash talking about his boundaries in movie scenes has resurfaced amid the online debate surrounding the film. Read on!
India has reaffirmed its commitment to Venezuela through Operation Amistad, offering support following devastating twin earthquakes. While rescue efforts continue amidst a grim casualty count, with thousands feared dead and a critical shortage of resources like gasoline hindering operations, Indian medical teams are actively engaged in relief work. The nation stands in solidarity during this challenging period.
FIFA 2026: Mexico ended a 40-year wait for a World Cup knockout win, beating Ecuador 2-0. England narrowly escaped an upset, with Harry Kane's brace securing a 2-1 victory over DR Congo. Belgium staged a dramatic comeback, overcoming a two-goal deficit to defeat Senegal 3-2 after extra time. The United States comfortably advanced, defeating Bosnia and Herzegovina 2-0.
A coalition of 117 prominent citizens from India and Pakistan has penned an open letter to their respective Prime Ministers, urging an immediate restoration of peace, normalcy, and bilateral communication. The group, comprising social activists and intellectuals, aims to break the diplomatic deadlock by fostering dialogue and resuming trade.
Karnataka Police have filed a case against five daycare workers at Capgemini's on-campus creche in Bengaluru. Allegations of physical assault, intimidation, and cruelty against employees' children have surfaced. The IT giant has stated its commitment to employee well-being and is fully cooperating with authorities. As a precautionary step, the daycare facility has been temporarily shut down.
A Gen Z systems administrator's bold response to an unexpected unpaid on-call policy has gone viral, sparking debate on workplace expectations. After accepting a $95,000 job with a 40-hour week, she was presented with a 24/7 on-call duty. When a server crashed on her scheduled weekend, she ignored calls, citing her salary covered only 40 hours. She then quit, leaving her employer to manage the fallout.
A seemingly harmless habit of forcefully cracking one's neck has been linked to a rare but life-threatening stroke in a healthy 34-year-old man. Dr. Priyam Bordoloi highlighted how repeated neck manipulation can cause cervical artery dissection, leading to blood clots and stroke. Recognizing F.A.S.T. warning signs and seeking immediate medical attention within the 'golden window' is crucial for survival and recovery.
FIFA World Cup match: Belgium staged a stunning comeback against Senegal, winning 3-2 after extra time thanks to Youri Tielemans' record-breaking 124th-minute penalty. This marked the latest goal ever in World Cup history. Belgium also overcame their latest two-goal deficit in regulation, with Romelu Lukaku and Tielemans scoring late to force extra time. Senegal's Ismaila Sarr had a brace, but their historic campaign ended in heartbreak.
A tragic case in Ontario highlights the deadly risks of bat encounters. An 11-year-old boy died of rabies after a bat landed on his face, despite no visible bite. His initial symptoms were misdiagnosed, delaying crucial treatment. This incident, the first local human rabies case in Ontario since 1967, underscores the critical need for immediate medical attention.
Folarin Balogun netted his third World Cup goal before a red card, but Malik Tillman's late free-kick secured a 2-0 victory for the 10-man United States against Bosnia-Herzegovina. This win propels the Americans into the round of 16, where they will face Belgium in Seattle. The U.S. squad is aiming for a significant run in the expanded tournament on home soil.
Mumbai, Thane, and Palghar are under a red alert with heavy to very heavy rainfall expected. Severe waterlogging has impacted normal life in Mumbai, leading to school closures in Palghar. Despite the adverse weather, Mumbai's local trains are running as usual on all major suburban routes. Flight operations remain unaffected, though passengers should verify with airlines.
Donald Trump's financial disclosures reveal a staggering $1.2 billion from crypto holdings, eclipsing his real estate empire. This rapid crypto surge, fueled by his policies and influential backers, raises questions about profiting from office. Tens of millions also poured in from foreign property deals and lawsuits against media firms, alongside millions from branded merchandise like Bibles and watches.
Chartered Accountant Nitin Kaushik warns that projecting an image of wealth through expensive purchases in one's twenties and thirties can sabotage long-term financial growth. He highlights that social media pressure to display luxury items diverts crucial seed capital needed for compounding, keeping a generation from achieving true wealth. Kaushik advocates for building an 'unstoppable compounding machine' through disciplined investing rather than chasing an 'illusion of wealth'.
Mumbai rain: The financial capital experienced heavy downpours, prompting an orange alert from the IMD. Significant waterlogging was reported across various areas as the city recorded substantial rainfall, with eastern suburbs bearing the brunt. The weather department anticipates continued heavy to very heavy showers, with isolated extremely heavy rainfall expected.
This week, Malayalam OTT platforms are buzzing with new releases catering to every taste. Dive into the psychological dark comedy Mollywood Times or get spooked by the horror mystery Muthassi; this week has something for everyone. With diverse genres available on JioHotstar, ZEE5, Netflix, and Prime Video, your weekend binge-watch is sorted. Read on!
India's inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term reduction. He highlighted the success of the current inflation-targeting framework in lowering average inflation. Despite expectations of a rise, inflation remains below the central bank's 4% target, and the economy is projected for continued robust growth.
This week's South Indian OTT lineup has something for every viewer, from blockbuster dramas to comedy, thrillers and emotional family stories. Super Subbu, Mollywood Times, Isakapatnam, Muthassi, Gurthukosthunnayi and Veerabhadruni Rahasyam are among the latest Malayalam, Tamil, Telugu and Kannada releases streaming across Netflix, Prime Video, JioHotstar, ZEE5 and ETVWin. Read on to know when and where to watch them online.
A U.S. Navy MH-60S Seahawk helicopter experienced an emergency landing in the Arabian Sea, leaving one service member missing and three injured. The aircraft was deployed from the USS George H.W. Bush. Authorities are conducting a search for the missing crew member, and the incident is under investigation. There is no indication of hostile action contributing to the crash.

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