The Economic Times
Elections 2026Global Business / The Economic Times
A woman, using aliases like Jhanvi and Riya, allegedly ran a fake domestic help racket. Families seeking house helps were defrauded after paying advance fees. The scam was uncovered when a maid disappeared from a Delhi home. Police arrested two individuals, including the alleged mastermind, and are investigating further to identify more victims.
Women are becoming India's growth engine with over 3 crore women-led enterprises registered under Udyam Portal, said FM Nirmala Sitharaman in a series of tweets on Friday.
A viral video shared by Maric's Harsh Mariwala showcased how China is transforming banana stalks into eco-friendly denim, sparking questions about India's potential. With vast banana production, India could leverage this renewable resource to boost farmer incomes and create rural jobs in sustainable textile manufacturing, mirroring global circular fashion trends.
India's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, theres a surge in potential clients ready to invest. New IPOs are fostering considerable wealth for entrepreneurs. As a result, banks, startups, and major corporations are racing to capitalize on this high-margin, fee-based environment.
Italian Proverb of the Day: Dante Alighieri's famous line, 'Love, that moves the sun and the other stars,' reveals love as the universe's driving energy. This force extends beyond romance, encompassing kindness, purpose, and connection. It inspires growth, helps overcome challenges, and creates lasting impact. In today's world, this timeless message reminds us of what truly matters.
The National Consumer Disputes Redressal Commission has granted temporary relief to Salman Khan. Proceedings against the Bollywood actor in a misleading pan masala advertisement case have been stayed. The commission issued an interim order while hearing an appeal. This stay provides a respite for Khan as the case moves forward. Further hearings are scheduled soon.
Pakistan plans to boost donkey meat and product exports to China. The nation sees a growing market there for donkey meat, milk, and gelatin, valued for health benefits. New agreements are in place to facilitate this trade. This initiative aims to create jobs and boost the economy. The donkey population in Pakistan has also seen a slight increase.
Former RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign capital inflows. He argues these factors are difficult to reconcile with official data, suggesting a disconnect between headline numbers and business behavior. Rajan also highlights the lack of a clear economic roadmap and warns of vulnerabilities from the Middle East conflict.
An employee seeking a promotion experienced a moment of panic after waking from an evening nap. He believed he had overslept and missed his entire workday. A confused call to his boss revealed it was actually 7:46 PM, not AM. His manager found the situation amusing. The incident highlights the impact of stress and exhaustion on perception.
Scientists are stunned by HD 189733b, a blue planet 63 light-years away, resembling Earth but far more hostile. Orbiting its star in just two days, it endures scorching temperatures, supersonic winds, and glass rain. Its striking blue color stems from silicate particles scattering light, not oceans. This 'hot Jupiter' offers a stark reminder of the universe's dangerous beauty.
Moroccan Proverb of the Day: Ibn Battuta's famous quote, Travelling leaves you speechless, then turns you into a storyteller, highlights the profound impact of exploration. His 14th-century journeys across vast distances offered rare moments of awe, transforming him into a legendary narrator of his experiences and offering timeless lessons on growth and curiosity.
Australia's federal court has imposed a record A$300.2 million fine on Union Standard and its representatives. The foreign exchange broker engaged in misconduct between 2018 and 2020. They targeted inexperienced investors, pressuring them to deposit more funds. This action resulted in millions of dollars in losses for customers.
CBSE 10 Second Board Result 2026: Students awaiting their CBSE Class 10 Second Board Result 2026 can anticipate its release this June. Introduced to offer a second chance for score improvement, this exam cycle saw over six lakh registrations. Results will be accessible via official CBSE websites, DigiLocker, and UMANG. Keep the admit cards handy for a smooth process.
Somvati Amavasya 2026 Mein Kab Hai: Somvati Amavasya in June 2026 falls on Monday, June 15. This auspicious occasion is dedicated to worshipping Lord Shiva and Goddess Parvati. Devotees will perform holy bathing and charitable activities during Brahma Muhurta. Special Yogas like Sarvarth Siddhi Yoga are also expected. The day holds immense religious importance for prosperity and peace for ancestors.
Seven new Shigella infections have been confirmed among students in Wayanad, Kerala, bringing the total to 16. Health officials are intensifying surveillance and preventive measures, stating all infected children are in satisfactory condition. The outbreak is linked to contaminated well water at a local school.
Elvis Presley, a global icon, transformed music and culture with his unique blend of genres. Despite immense fame, he admitted to persistent stage fright, viewing it as a motivator for consistent, high-energy performances. His perspective emphasizes humility, professionalism, and approaching every new challenge with fresh effort, a lesson applicable beyond entertainment.
African proverb of the day highlights a Zimbabwean saying that explores relationships, trust, infidelity, comparison and human nature. The proverb explains why people often admire what belongs to others while overlooking the value of what they already have. Its message encourages appreciation, loyalty and effort in personal relationships instead of envy and unhealthy comparisons.
The Nagaland Lottery Sambad Dear Friday Weekly Draw result for June 12, 2026, is anticipated today. Lottery enthusiasts are waiting to check winning numbers for the bumper prize. Previous draw results are also mentioned. Participants can check official websites for winning tickets and claim prizes by submitting necessary documents. Responsible participation is advised.
A potential meeting between Indian Prime Minister Modi and US President Trump could reset strained ties following recent attacks on Indian-crewed vessels in the Gulf of Oman. Analysts suggest this incident, while concerning, is unlikely to derail broader efforts to improve relations, with both leaders focused on larger geopolitical issues.
Proverb of the day highlights a traditional Polish saying that reflects emotions, responsibilities, marriage, relationships, love, happiness and sorrow. The proverb explains how a woman may face uncertainty before marriage while a man may later experience the realities of married life. Its meaning goes beyond weddings and offers lessons about commitment, expectations, change and personal growth in modern relationships.
Taylor Swift on Thursday became the youngest woman ever inducted into the prestigious Songwriters Hall of Fame, another milestone in the 36-year-old US pop star's record-breaking career. Canadian singer Alanis Morissette, inescapable in the 1990s, and American record producer Walter Afanasieff were also among the total of nine songwriters joining the Hall of Fame this year.
Tripura is experiencing significant economic growth. The state attracted investment proposals exceeding Rs 30,000 crore, with over Rs 8,000 crore already implemented. Its Gross State Domestic Product has doubled in six years. The government is focused on inclusive development through initiatives like Lakshya 2047 and empowering women and youth. Medical education and tourism are also seeing substantial progress.
Private bus operators in West Bengal are facing significant revenue losses following the introduction of free travel for women on government-run buses. To mitigate these losses, operators are advocating for a kilometre scheme where the state integrates private buses into its fleet, offering a fixed payment per kilometre.
Bangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts from the Middle East conflict, leading to increased energy costs and power rationing. Businesses are investing in renewables and exploring domestic gas, but immediate challenges persist.
Philippine Defence Secretary Gilberto Teodoro will continue his duties despite China's sanctions. Beijing imposed penalties on Teodoro for his remarks about China's actions. Ties between the Philippines and China have worsened due to disputes in the South China Sea. Teodoro stated he will uphold the nation against Chinese aggression. Manila views the sanctions as an unfriendly act that complicates relations.
BRICS agriculture ministers are meeting in Indore. India is chairing the two-day event. Key discussions focus on food security. The welfare of smallholder farmers is a priority. Greater participation of women and youth in agriculture is also on the agenda. The meeting aims to strengthen agricultural cooperation among member nations. An Indore Declaration is expected.
Canadian Prime Minister Mark Carney faces a delicate balancing act. He previously challenged global powers but now moderates his tone towards US President Donald Trump. This shift is driven by crucial trade talks for the USMCA agreement. Canada's economic reliance on the US necessitates careful diplomacy. Carney is also seeking to diversify Canada's trade partners.
Cold drink causing hair loss: Daily cold drink habits might affect hair health. Doctors note a link between sugary beverages and conditions that hinder hair growth. A recent study found an association between high sugar-sweetened drink intake and male-pattern hair loss. Experts believe this connection is biologically plausible due to inflammation and metabolic issues.
Foreign spies are fitting turtles and fish with sensors to create underwater maps of China's coastline, Beijing warned Friday in apparent reference to its Western competitors. The data collected would be used to create underwater maps that can identify weak points in China's coastal defences, posing a serious threat to China's national security, according to the ministry.
SpaceX IPO: A giant inflatable Elon Musk appeared in New York City ahead of SpaceX's historic IPO, not as a celebration, but as a protest. Organized by Safe AI Now, the display highlighted concerns over SpaceX's AI chatbot, Grok, and its potential to generate harmful content, warning investors of associated risks.
Japan's H3 rocket has achieved a successful launch. This marks a significant comeback after a previous mission failure. The rocket carried six small satellites into orbit. This development is crucial for Japan's space industry. The H3 rocket aims to compete internationally and could support future lunar missions. JAXA is targeting multiple launches annually.
South Korea secured a 2-1 victory over the Czech Republic in their World Cup opener, with substitute Oh Hyeon-gyu scoring the late winner. Despite dominating possession and creating numerous chances, the Koreans were initially punished by a Czech goal. Hwang In-beom equalized before assisting Oh's decisive strike.
Former South Korean President Yoon Suk Yeol received a 30-year prison sentence. This conviction stems from sending military drones into North Korea. Prosecutors stated this action was intended to justify a failed martial law declaration. The drone flights heightened tensions between the two nations. Yoon is already serving a life sentence for the martial law attempt.
Ukrainian proverb of the day highlights lessons about marriage, relationships, love, privacy, gossip, jealousy, friendship, trust and human nature. The proverb advises couples to protect their relationship from outside interference. It explains how unwanted opinions, gossip and temptation can affect trust between partners. The saying remains relevant because many modern relationships still face challenges from social circles, public sharing and outside influence.
India faces a larger budget deficit this year. The war in Iran is increasing energy subsidy costs. This puts pressure on government finances. Authorities may allow the deficit to widen by half a percentage point. The deficit could reach 4.8% of GDP. This is up from the 4.3% target set in February. The situation is being closely watched.
Slovak Ambassador to India Robert Maxian welcomed Prime Minister Narendra Modi's upcoming state visit to Slovakia from June 14-16, calling it a historic opportunity to further strengthen ties between the two nations.
Iranian forces stopped a tanker from passing through the Strait of Hormuz. Reports of explosions near Bandar Abbas and Sirik were linked to military activity. Iran had previously announced a closure of the Strait. A military source stated the tanker complied after warnings.
Union Minister Piyush Goyal stated that India must expand international engagement to achieve its USD 30 trillion economy goal by 2047. He highlighted that developed nations' demographic challenges present opportunities for India's skilled workforce and that strategic partnerships will complement, not compete with, Indian industry.
Senior Indian Foreign Service officer Rudra Gaurav Shresth will be India's next Ambassador to Turkiye. Shresth, currently Ambassador to Iran, is a career diplomat with extensive experience. He has served in various diplomatic missions globally. This appointment follows recent Foreign Office Consultations between India and Turkiye. Both nations reviewed bilateral relations and discussed cooperation in key areas.
Quote of the Day by William Shakespeare: William Shakespeare quotes remain among the most searched topics in motivational quotes, life wisdom quotes, and success mindset inspiration across Google Trends today. These timeless words reflect leadership thinking, human behavior, love, truth, and destiny in a simple yet powerful way.
ICC Womens T20 World Cup 2026 schedule: The ICC Women's T20 World Cup 2026 is set to commence in England and Wales from June 12 to July 5, featuring 12 teams. A highly anticipated Group A clash will see arch-rivals India face Pakistan in Birmingham on June 14. The tournament culminates with the final at Lord's on July 5.
The Indian Navy executed a high-risk operation to retrieve an unexploded missile warhead from a crude oil tanker. The vessel, MT Olympic Life, experienced an explosion while sailing off Oman. Naval specialists used advanced techniques to safely extract the ordnance. This successful mission highlights India's commitment to maritime safety and its technical capabilities in the Indian Ocean Region.
Iran has strongly condemned a US attack on a commercial vessel. The incident resulted in the deaths of three Indian nationals. Iran has accused the US of armed robbery and state piracy. India's Ministry of External Affairs also condemned the attack. The ministry confirmed 21 Indian crew members were rescued. India expressed concern over regional security and called for de-escalation.
The Department of Promotion of Industry and Internal Trade is prioritizing automation in explosives manufacturing. This move aims to significantly improve safety and prevent tragic accidents. The department is also strengthening regulatory reforms and increasing the capacity of the Petroleum and Explosives Safety Organisation.

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