SENSEX
NIFTY
GOLD
USD/INR

Weather

image 34    C

Global Business News

The Economic Times

Global Business / The Economic Times

NHAI toll exemption list to be reduced: Govt may end toll exemptions for some

The central government is considering reducing toll exemptions for vehicles of senior government officials on national highways. A high-level committee recommended amending rules to limit fee-free crossings, with discussions underway to phase out these exemptions. The FASTag Annual Pass is being promoted as an alternative for government employees.

1 Jun 2026 3:58 pm
Supreme Court questions Waqf institution's plea for court fees exemption in tribunals

The Supreme Court questioned the legal foundation for Waqf institutions to be exempt from paying court fees. This came up during a hearing concerning a Gujarat High Court decision. The High Court had previously ruled that Waqf institutions must pay court fees for cases before the State Waqf Tribunal. Petitioners sought more time to present their arguments challenging this ruling.

1 Jun 2026 3:49 pm
Reels abroad, real consequences? IPS officer warns viral videos could tighten visa rules for Indians

An IPS officer has voiced concerns that viral videos of Indians exhibiting inappropriate public behavior abroad could negatively impact the country's image and lead to stricter visa policies for all citizens. He emphasized that holding an Indian passport entails a responsibility to respect local laws and conduct oneself appropriately overseas.

1 Jun 2026 3:48 pm
'Makes world a better place': Guntur residents leave wearable old clothes in public spaces for anyone in need to take freely

A community-driven clothing-sharing initiative in Andhra Pradesh's Guntur district has captured attention online. According to the post, residents are leaving old clothes that are still in good condition in public places, allowing anyone who needs them to take them freely.

1 Jun 2026 3:39 pm
India, Oman free trade pact comes into force

India and Oman's free trade agreement is now active. This pact offers Indian exporters better market access in Oman. Sectors like textiles, leather, and marine products will benefit. Oman is a key trading partner and gateway to the GCC market. Bilateral trade between the two nations has seen growth.

1 Jun 2026 3:37 pm
India-US trade deal: Large parts finalised, talks resume June 2 in New Delhi, says Piyush Goyal

India and the United States are nearing a trade agreement. Key details have been finalized, with negotiators meeting to resolve remaining issues. The pact will incorporate recent changes to US tariffs. This interim agreement aims to provide preferential market access for businesses. Both nations are also advancing discussions on a broader Bilateral Trade Agreement.

1 Jun 2026 3:33 pm
Just mark my words: Anthropic CEO Dario Amodei's stark warning on AI-driven layoffs, says 'ideology won't survive reality'

Anthropic CEO Dario Amodei predicts AI's profound impact on jobs will force political unity on worker support measures. He believes ideology will yield to reality as AI transforms industries, necessitating bipartisan solutions for retraining and economic aid. While some research shows nuanced effects, Amodei foresees a future where governments must address AI-driven disruption.

1 Jun 2026 3:30 pm
Word of the Day: Nefelibata

Word of the Day: Modern life often encourages people to value efficiency and productivity above all else. Nefelibata serves as a reminder that imagination remains one of humanitys greatest strengths. Many of historys breakthroughs began with individuals who dared to envision possibilities that did not yet exist and realities others could not yet see.

1 Jun 2026 3:28 pm
I'd choose smoking over social media for my kids: Denmark PM Mette Frederiksen's controversial comment goes viral, sparks debate

Danish Prime Minister Mette Frederiksen sparked controversy comparing children's social media use to smoking. She later apologized, stating her intent was to highlight children's vulnerability online. Denmark is now pushing to ban social media for children under 15, with stricter rules for younger teens. The government believes digital platforms have negatively impacted youth well-being.

1 Jun 2026 2:50 pm
Dream cut short: Teen cricketer dies after being run over by pitch levelling goes horribly wrong in Maharashtras summer camp

A 15-year-old aspiring cricketer tragically died after being crushed by a pitch roller at a summer camp in Maharashtra. The accident occurred when children were asked to level the pitch without adult supervision. Police have registered a case against coaches and organizations for culpable homicide not amounting to murder.

1 Jun 2026 2:49 pm
India's seafood exports hit record high in FY 2025-26: Frozen shrimp leads growth

India's seafood exports hit an all-time high in fiscal year 2025-26. Volume reached 19,72,018 metric tons, valued at over 73,000 crore rupees. Frozen shrimp led the exports, with the USA and China as top buyers. This significant achievement occurred despite global economic hurdles. The Marine Products Export Development Authority confirmed the record-breaking performance.

1 Jun 2026 2:49 pm
Texas emerges as US' new economic powerhouse amid California exodus

Houston, Texas is leading corporate headquarters relocations, attracting 192 companies since 2018. Businesses are leaving California due to high taxes, regulations, and costs. This trend, detailed in a Partners Real Estate report, sees Texas, particularly Dallas-Fort Worth, Austin, and Houston, becoming a major business hub.

1 Jun 2026 2:48 pm
Assam govt suspends distribution of ration items for two months due to interim budget

Assam has temporarily halted the distribution of subsidized pulses, sugar, and salt under its public distribution system for two months, effective June. This suspension is due to the ongoing vote-on-account budget following recent assembly elections. The scheme is expected to resume in August after the new government presents its full budget.

1 Jun 2026 2:43 pm
Your next airport selfie or reel could get your phone confiscated or even put you on the no-fly list: DGCA's new rule every traveller should know

New DGCA guidelines prohibit unauthorised photography and videography in sensitive airport areas. Passengers caught recording in restricted zones without permission may face penalties, confiscation of devices and, in serious cases, even flying bans. The move comes amid a rise in social media content that has inadvertently exposed security-related information. Individuals or organisations wishing to film advertisements, documentaries or commercial content at airports must obtain prior approval fr

1 Jun 2026 2:38 pm
'Every choice has a price, and the bill comes due': Iran's Ghalibaf warns US over ceasefire violations

Iran's top negotiator points to US naval blockade and Israeli actions in Lebanon as ceasefire violations. Tehran distrusts words, judging by actions. A US blockade targets Iranian ships, costing millions daily. Iran's core demands include lifting this blockade. Meanwhile, a tentative deal for ceasefire extension and nuclear talks is emerging. New US sanctions add pressure.

1 Jun 2026 2:33 pm
Kerala Lottery Bhagyathara BT-56 result out today (01-06-2026); check Rs 1 crore prize winning number and full list here

Kerala lottery results today: Kerala Lottery Bhagyathara BT-56 results for Monday, 1 June 2026, have been officially declared. Ticket holders can now check their numbers for the 1 crore first prize and other attractive cash rewards.

1 Jun 2026 2:31 pm
Barrie Police launch search for missing teen and two adults, release photos amid ongoing Investigation; details inside

Barrie police are actively searching for three missing individuals: 14-year-old Haylie, and adults Mercy (39) and Erik (25), who may be together. In a separate incident, a 50-year-old man from New Brunswick tragically died in an ATV crash on Saturday night. Authorities are investigating the cause of the fatal accident.

1 Jun 2026 2:26 pm
Haryana CM Nayab Singh Saini flags off 312 ERVs provided to Haryana Police by Honda Foundation

Haryana Police received 312 new Emergency Response Vehicles. The fleet includes 310 motorcycles and two Honda Elevate cars. Honda India Foundation provided these vehicles under its CSR initiative. This initiative aims to enhance public safety across Haryana. The new vehicles will help reduce police response times. Gurugram and Faridabad received a significant number of these vehicles.

1 Jun 2026 2:26 pm
Minimum wage, social security on the table as global gig work talks begin

Global talks are underway for new rules on platform work. These standards will cover ride-hailing and delivery services. A key debate is minimum wage and benefits for all workers. Transparency in how algorithms manage pay and performance is also being discussed. Nations are divided on the strength of these new regulations.

1 Jun 2026 2:25 pm
UIDAI says mAadhaar app retiring soon: Check what is new Aadhaar app , direct link to download, key security features and more

UIDAI new aadhaar app: The UIDAI is phasing out the old mAadhaar app, introducing a new, redesigned Aadhaar platform focused on enhanced privacy and stronger authentication. This updated app offers features like QR code sharing, face authentication, and biometric locks, giving users greater control over their data. The free online Aadhaar document update service has also been extended until June 14, 2027.

1 Jun 2026 12:52 pm
GDP growth likely eased in January-March quarter on softer external demand

India's economic growth is projected to have eased to 7.2% in Q1 2026, as weaker external demand and industrial activity tempered strong government spending and agricultural resilience. While external shocks haven't derailed its fastest-growing major economy status, subdued private investment remains a concern. Services growth is expected to stay robust, but manufacturing may see slower expansion.

1 Jun 2026 12:41 pm
Nagaland Lottery Sambad result out today (01-06-2026); check Rs 1 crore prize winning number and full list here

Nagaland State Lottery Sambad Dear Monday Weekly draw results for 1 June 2026 have been officially declared. Ticket holders can now check their numbers for the 1 Crore first prize and other attractive cash rewards Full list of winning number here.

1 Jun 2026 12:31 pm
Kerala schools reopen: New academic year begins with enthusiasm and global standards focus

Schools across Kerala reopened on Monday, marking the start of a new academic year. Students returned after a summer break to brightly painted classrooms and welcoming ceremonies with renewed enthusiam. Over 42 lakh students, including three lakh new Class 1 entrants, attended. The state government announced plans for Centres of Excellence and Centres of Scientific Temper to enhance education and promote scientific thinking.

1 Jun 2026 12:24 pm
Chole Bhature pizza is now a viral sensation on the internet, netizens say 'Before Italians, Punjabis should ban this guy'. Watch video

A unique culinary creation, the Bhature Pizza, has taken social media by storm. This innovative dish combines the beloved North Indian Chole Bhature with Italian pizza elements, featuring a fried bhatura base topped with chickpeas, chutneys, cheese, and various other ingredients. Netizens are reacting with a mix of amusement and curiosity to this unexpected fusion.

1 Jun 2026 12:22 pm
Who is Guy Ashford? Viral video sparks outrage after 2HD Radio boss allegedly gropes female employee at Australian Audio Awards

Australian radio executive Guy Ashford has been suspended from his role at 2HD following an alleged inappropriate incident at the Australian Audio Awards. A viral video appears to show Ashford behaving inappropriately towards presenter Cheralyn Darcey on stage. The Super Radio Network confirmed his suspension and an internal investigation is underway.

1 Jun 2026 12:20 pm
CBSE Class 12 re-evaluation portal delayed: What students need to know

Students seeking post-result verification and re-evaluation for CBSE Class 12 exams faced a delayed portal launch on June 1, 2026. Despite prior announcements and assurances of system upgrades for transparency and smoother access, the link remained inactive, increasing anxiety after earlier technical glitches during answer-sheet access.

1 Jun 2026 12:19 pm
Panchayat Season 5 secret out? Chandan Roy aka Vikas shares cryptic update that could change everything in Phulera

Panchayat Season 5 Update: Actor Chandan Roy, who plays Vikas in the popular series 'Panchayat', has hinted at exciting developments for Season 5. He described the upcoming season as 'bigger, better, and beautiful,' suggesting a significant evolution for the beloved show. Fans are eagerly anticipating deeper emotional arcs and new twists in Phulera's story.

1 Jun 2026 11:46 am
'Best mangoes I've had': Inside the San Francisco party serving Alphonso and Kesar mangoes, now a viral sensation in US

SF Mango Party: An Indian-origin organizer in San Francisco hosted the fourth annual SF Mango Party, distributing hundreds of Indian Alphonso and Kesar mangoes. This event, which began as a small gathering of friends, now attracts hundreds, celebrating the fruit and addressing the demand for Indian mangoes in the US. Many users took to social media and said these are the best mangoes they have ever had.

1 Jun 2026 11:44 am
Weather swings, monsoon risks, and the growing threat to mango, apple crops

The agriculture industry has evolved historically through adaptation and resilience, and now it is time to speed up this transformation, empowering Indian fruit growers to be more enterprising to produce quality horticultural crops against mounting climatic aberrations.

1 Jun 2026 11:43 am
India's gross GST collections ease to Rs 1.94 lakh crore in May from April record as growth slows to 3.2%

India's Goods and Services Tax collections saw a moderation in May 2026, reaching Rs 1.94 lakh crore. This figure represents a 3.2% increase compared to the same month last year. Import-linked revenues significantly boosted overall collections, while domestic revenue experienced a decline. For the initial two months of FY27, GST revenue showed a positive growth trend.

1 Jun 2026 11:40 am
Rajat Patidar Birthday: How the quiet performer transformed RCB into champions, leading them to consecutive IPL 2026 titles

Royal Challengers Bengaluru secured their second consecutive Indian Premier League title in 2026. Captain Rajat Patidar guided the team to victory against Gujarat Titans. This win places RCB alongside Chennai Super Kings and Mumbai Indians in defending their IPL crowns. The bowling unit performed consistently throughout the season. Patidar expressed his gratitude for the team's success and fan support.

1 Jun 2026 11:38 am
India may have found reliable trade route beyond Strait of Hormuz with Oman trade deal

India's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ensures a reliable energy and trade gateway for India, even amidst regional conflicts. This agreement is an investment in India's long-term energy and economic security.

1 Jun 2026 11:33 am
First female principal of St Stephen's college takes charge despite Delhi University objections

St Stephen's College has appointed Susan Elias as its new principal, marking a historic milestone for the institution. Elias, who assumed office on Monday, becomes the first woman to lead the prestigious college in its 145-year history. Her appointment comes after a prolonged dispute between the college administration and Delhi University regarding the selection process for the principal's post. Meanwhile, the outgoing principal, John Varghese, has reportedly sent a farewell email to members of

1 Jun 2026 11:32 am
Quote of the day by Elvis Presley: 'People think youre crazy if you talk about things they...' - The King of Rock and Roll's powerful reflection on why innovation often faces skepticism

Quote of the day by Elvis Presley: Elvis Presley, the 'King of Rock and Roll,' revolutionized music and became a global icon. His unique blend of genres and energetic performances propelled him to stardom in the 1950s. Beyond music, his acting career further cemented his international fame, leaving an enduring legacy that continues to inspire.

1 Jun 2026 11:32 am
'You don't need crores to start': Bengaluru techie who rejected a Rs 30,000 job now earns Rs 2 lakh a month from business

A Bengaluru engineering graduate rejected a Rs 30,000 monthly job offer to build a commercial vehicle business. Starting with one car, he now owns four, generating nearly Rs 2 lakh monthly after expenses. His story highlights the rewards of calculated risk-taking and asset building over traditional employment.

1 Jun 2026 10:54 am
Quote of the Day by Oscar Wilde: Morality is simply the attitude we adopt towards people we Irish poets powerful words on ethics and virtue

Oscar Wilde, a celebrated Irish literary icon, is remembered for his wit and sharp social commentary. His quote, Morality is simply the attitude we adopt towards people we personally dislike, critiques how moral judgments can be subjective and influenced by personal bias rather than objective principles. Wilde's words encourage questioning our own judgments and practicing empathy.

1 Jun 2026 10:50 am
India manufacturing activity rose in May despite cost pressures, PMI shows

India's manufacturing sector saw its fastest growth in three months during May, fueled by robust domestic demand and a surge in new orders. Despite intense cost pressures from rising energy and material prices, factory output accelerated. While hiring continued, business optimism dipped to a four-month low, though companies remain hopeful for future easing of costs.

1 Jun 2026 10:43 am
Delhi, Noida, Gurugram rain update: IMD issues yellow alert for capital, showers and thunderstorms to continue in NCR

Delhi-NCR weather rain news: Delhi is set for a spell of rain and gusty winds until June 4, with temperatures expected to stay below 40 degrees Celsius. The India Meteorological Department has issued a yellow alert, forecasting thunderstorms and winds up to 50 kmph. Similar weather is anticipated in Noida, Gurgaon, and Ghaziabad, offering a respite from the heat.

1 Jun 2026 10:26 am
What 'negative things' JEE topper Shubham Kumar avoided to crack one of world's toughest exams

JEE Advance topper Shubham Kumar: Shubham Kumar from Gaya and Kabeer Chillar from Gurugram secured the top two ranks in JEE Advanced 2026. Both students followed a disciplined routine and largely stayed away from social media to maintain their focus during preparation. They devoted long hours to studying while managing stress through meditation, hobbies and support from family and friends. Their success highlights the importance of dedication, concentration and mental resilience in achieving top

1 Jun 2026 10:13 am
'Day turned into night': Watch giant wall of dust swallowing China's Harbin as rare sandstorm darkens skies with 13-level winds, flying debris and near-zero visibility

Harbin, China, was struck by a severe sandstorm on Sunday, with winds reaching level 13, uprooting trees and reducing visibility to under 100 meters. The storm, fueled by a clash between unusually warm air and a powerful cold front, briefly turned day into night. Residents are warned of continued unstable weather, including potential tornadoes.

1 Jun 2026 10:04 am
Malaysia Bans Under-16s From Social Media: New Age Verification Rules Enforced

Malaysia has begun enforcing new rules. Children under 16 are now banned from social media accounts. Platforms must implement age verification. This move aims to protect young users from harmful content and cyberbullying. Other countries are also considering similar measures. The government hopes to reassure parents about online risks and have provided social media companies a grace period for implementation. Technology companies, such as Meta, point out to uninteded consequences for teenage use

1 Jun 2026 9:59 am
Asia's factory output expands as firms stockpile buffers over Iran war risks

Asian factories saw steady growth in May. Companies built up stocks to counter potential supply disruptions from the Middle East conflict. China's manufacturing expanded for the sixth month, while South Korea's activity reached a five-year high. Japan also reported expansion despite rising input costs. This regional push highlights efforts to secure supplies amidst global trade jitters.

1 Jun 2026 9:53 am