The Economic Times

Adhik Maas Krishna Janmashtami Kab Hai: Devotees will observe Monthly Krishna Janmashtami on June 8, 2026, during Adhik Maas. This sacred occasion, dedicated to fasting and worship, celebrates Lord Krishna's birth at midnight. The day holds special significance for devotion and spiritual practices, with Ashtami Tithi beginning at 3:24 am on June 8.

Tarsem Singh Ohio crash case: A grieving mother is demanding the deportation of the man accused of the fatal crash that killed her pregnant teenage daughter. The mother of the teen said she does not want the accused in the States and is okay with him being kicked out permanently. Ashlee Holmes, 17, and her unborn child died after a high-speed police chase. The accused, Tarsem Singh, faces multiple felony charges and has a federal detainer placed on him, potentially leading to his removal from th

Chinese President Xi Jinping is set to visit North Korea next week. This marks his first trip in almost seven years. The visit follows North Korea's recent reveal of a new facility for producing nuclear bomb ingredients. This development signals North Korean leader Kim Jong Un's intent to solidify his nation's nuclear status.

RBI MPC Meeting June 2026: All eyes are on the Reserve Bank of India today as Governor Sanjay Malhotra announces the Monetary Policy Committee's decision. This crucial announcement will reveal the central bank's stance on interest rates and inflation. Investors are keenly awaiting signals on economic growth and stability amidst global uncertainties. The outcome will guide market sentiment for the coming months.

The National Investigation Agency has conducted extensive searches in West Bengal regarding the Bhangar bomb blast. One more accused, Sainur Molla, has been arrested, bringing the total to three. The explosion occurred during crude bomb manufacturing ahead of assembly elections. Searches targeted locations linked to former MLA Saokat Molla, a prime suspect. Incriminating materials were recovered.

The National Democratic Alliance (NDA) partners in Andhra Pradesh, during a coordination meeting on Thursday, finalised the seat-sharing arrangement for the upcoming Rajya Sabha elections, with the TDP set to contest three seats, while the Jana Sena Party will contest one seat.

US President Donald Trump declared Washington can acquire enriched uranium from Iran without a deal. He indicated the US could obtain it immediately. Trump also stated he would not meet Iran's Supreme Leader Mojtaba Khamenei. However, he suggested a meeting could occur if a deal between the two nations is finalized.

The Palestinian ambassador to the UN, surrounded by his counterparts from Arab and Muslim countries, called on the United States on Thursday to stop Israel's annexation of its territories. Others from the intergovernmental Organization of Islamic Cooperation (OIC) have echoed the demand to end Israel's annexation of Palestinian territories in the West Bank, where settlement expansion continues, and in Gaza, where the Israeli army has taken control of at least half the territory.

Delhi, Noida, and Gurgaon brace for thunderstorms and gusty winds, while Kolkata and West Bengal anticipate light to moderate rainfall with thundershowers. The southwest monsoon is advancing, bringing widespread rain to eastern and northeastern regions. Meanwhile, some northern and central areas face pre-monsoon storm activity and potential heatwaves in Bihar and Uttar Pradesh.

Kolkata Police arrested Swarup Biswas, brother of former minister Aroop Biswas. The arrest follows an FIR alleging extortion and illegal ticket sales related to the Lionel Messi GOAT India Tour. The organiser claimed Aroop Biswas pressured them for passes. This investigation into the December 2025 event's access materials is ongoing.

President Donald Trump is using emergency powers to boost the US coal industry. Nearly $700 million will fund upgrades to power plants and new export facilities. This move aims to lower living costs and ensure energy security. Asian nations are reportedly seeking Wyoming coal. Environmental groups oppose the plan, citing pollution concerns.

Russian President Vladimir Putin stated Russia aims to expand its strong relationship with India. He believes US pressure on India to reduce cooperation with Russia is counterproductive. Putin praised India's economic growth and independent foreign policy. He expressed confidence in increasing bilateral trade. Russia sees India as a reliable partner and is committed to deepening ties.

Life Lessons shape every success story. Research shows resilient people adapt faster and achieve more. Strong habits create lasting personal growth. Discipline drives success when motivation fades. These powerful life lessons improve mental strength, inner peace, and self-confidence. Small daily actions build extraordinary results. The biggest transformation starts when you change your choices, mindset, and direction today.

Quote of the Day by Saint Francis of Assisi delivers a timeless lesson that feels more relevant than ever. The famous Saint Francis of Assisi quote, What is it that stands higher than words? Action. What is it that stands higher than action? Silence, reveals a powerful truth about wisdom, personal growth, leadership, and inner peace. Many people speak about values. Fewer live them. Even fewer reach the quiet confidence that needs no applause

U.S Stock Market investors will keep an eye on the latest jobs report. It will indicate the health of the economy amid fears of rising inflation.

Aaron Judge had started 52 of New Yorks first 59 games in right field. Judge underwent a CT scan on Thursday morning and had an MRI earlier in the week.

While Cuba has been under a US trade embargo since 1962, President Donald Trump has drastically ramped up pressure in recent months.

SpaceX posted a net loss of $4.94 billion in 2025, even as revenue rose 33 per cent to $18.67 billion.

India's economy faces temporary global challenges. Citigroup CEO Jane Fraser states the nation's strong tech talent and diverse economy ensure its long-term growth. Foreign investors are reassessing valuations and risks. Despite current market volatility, India's fundamental economic story remains robust. The world's multipolar shift is seen as beneficial for India.

As the world shifts economically, India is set to revamp its investment treaty frameworks. The government is exploring options to simplify the timelines for foreign entities aiming for global arbitration. This proactive step is aimed at enticing foreign investment into the country, while also incorporating safeguards that will preserve India's sovereign policy-making authority and deter any potential exploitation of treaties.

Oracles AI cloud surge, SoftBanks OpenAI-backed rebound, and MicroStrategys Bitcoin strategy reflect a new billionaire era. Over $1 trillion in combined market influence is being restructured through technology bets. These high-volume SEO trends highlight AI investment boom, crypto treasury models, and tech mogul comeback stories redefining global markets today. Investors now watch these moves closely as legacy wealth transforms into future-focused digital power.

Warren Buffett successor Alphabet investment leads Berkshire Hathaway $10B deal, signaling a major Big Tech shift. Berkshire Hathaway, under Greg Abel, is buying Alphabet stock worth $10 billion at a discounted price near $352 per share. This move strengthens exposure to Google parent company, AI growth, and digital advertising dominance.

Quote of the day by Jim Rohn: Jim Rohn highlighted the importance of emotional intelligence, urging people to look beyond superficial appearances. He used a powerful metaphor to illustrate how some individuals can mask their true intentions, emphasizing that intuition and sensing subtle emotional cues are vital for navigating relationships and understanding reality.

More than 7 million Americans receive Supplemental Security Income, making every Social Security payment date critical. In 2026, some Social Security recipients will see three months without an SSI payment deposit, but benefits are not being cut. The Social Security Administration is simply moving payments earlier because scheduled dates fall on weekends. Understanding the Social Security payment schedule can prevent budgeting mistakes. The key shift is timing, not money.

India saw a significant jump in foreign investment in the last fiscal year. FDI equity inflows increased by 18 percent, reaching $58.84 billion. The United States and Singapore were major contributors to this growth. Overall FDI, including reinvested earnings, also saw a substantial rise. Key sectors attracting investment included computer software and hardware, services, and trading.

Economist Neelkanth Mishra has been appointed as India's executive director at the World Bank Group, succeeding Parameswaran Iyer. Mishra, a former part-time member of the Prime Minister's Economic Advisory Council and chief economist at Axis Bank, will serve a three-year term. His role also encompasses representing Bangladesh, Bhutan, and Sri Lanka at the international financial institution.

AI data center power shortage: The AI boom's next frontier is electricity, shifting focus from models and GPUs to the immense power needed for data centers. As AI demand surges, reliable and affordable energy is becoming a critical constraint, forcing companies to rethink infrastructure and secure long-term power contracts. This energy challenge is reshaping AI strategy and deployment.

India is set to sign several major trade deals soon. Three to four significant trade agreements are planned for the next year. Additionally, two to three free trade agreements will become active within six months. Nine recently concluded trade pacts will be operational in the coming months.

If 3I/ATLAS isnt an alien probe, its discovery may be even more important. Scientists detected no radio signals from the interstellar comet despite an extensive search for technosignatures. Instead, the James Webb Space Telescope found unusually high methane and carbon dioxide levels. Those findings suggest 3I/ATLAS formed in a vastly different star system. More than a space mystery, this methane-rich interstellar object acts as a cosmic time capsule, carrying rare clues about planetary formatio

Recent trade negotiations in New Delhi marked a pivotal moment for India and the United States. A dedicated US delegation engaged with Indian leaders in talks centered on various trade challenges. Both nations are eager to forge a robust agreement that not only boosts trade figures but also deepens their economic collaboration.

Russian teenager Mirra Andreeva and Polish qualifier Maja Chwalinska have reached their first Grand Slam finals at the French Open. Andreeva dominated her semi-final match. Chwalinska made history as the first qualifier to reach the Roland Garros final in the professional era. Both players expressed joy and disbelief at their achievements.

Globalisation is changing. It now balances efficiency with resilience and security. This shift benefits India, a nation with strong tech talent, a diverse economy, and a large market. Global investors see India's long-term story as intact, despite short-term headwinds. India's rise is timely as the world needs its capabilities. The country is a central pillar for future global growth.

If you are not the smartest person in the room, it does not mean you are at a disadvantage. The ability to build connections, earn trust and cultivate meaningful relationships can become one of the most valuable strengths you possess, often opening doors that intelligence alone cannot.

A Delhi court has deemed the arrest of hotel owner Lavkesh Bajaj lawful and justified following a devastating fire at his Malviya Nagar establishment. The blaze claimed 21 lives, including nine Indians and twelve foreigners, with the hotel allegedly operating without a fire NOC. Police have been granted four days of custody for interrogation.

In a bold move towards self-sufficiency, India is ramping up its domestic manufacturing initiatives! Six government-led teams are tasked with selecting 100 essential products that will help reduce reliance on imports. Target sectors include pharmaceuticals, textiles, and electronics. This strategic effort aims to boost local industry and mitigate the import expenditure.

Proverb of the Day highlights a well-known saying: It takes 6 men to carry a man to his grave. It takes 1 woman to put him there. The proverb uses humor to explain the impact of relationships, trust, love, marriage, and betrayal. It shows how emotional decisions can shape a persons life. The saying remains relevant because relationships continue to influence personal choices, happiness, and long-term outcomes.

A controversy within the Catholic Church emerged after Monsignor Stephen Rossetti, a longtime exorcist in the Archdiocese of Washington, suggested in an online video that many UFO sightings could be connected to demonic activity. Cardinal Robert McElroy subsequently removed Rossetti from his role as an archdiocesan exorcist and ended the archdiocese's affiliation with the St. Michael Center for Spiritual Renewal, which Rossetti leads.

Greek proverb of the day: Ancient Greek wisdom highlights the importance of remembering past struggles to foster empathy. A proverb about a grumbling mother-in-law forgetting her bridehood illustrates how experience should cultivate understanding, not impatience. This timeless lesson encourages individuals to offer guidance and compassion by reflecting on their own journeys.

Rahul Gandhi has strongly criticized the central government following the alleged suicide of NEET aspirant Akanksha Chaturvedi. Gandhi highlighted the farmer father's sacrifices and the NEET exam irregularities, stating Akanksha's death is a consequence of a corrupt and broken system. He also questioned the inaction of Education Minister Dharmendra Pradhan.

India's livestock sector faces rising feed costs. Farmers are urging the government to permit soybean meal imports. Domestic prices have surged significantly. This increase impacts poultry farmers and squeezes profit margins. The soybean processing industry opposes imports, citing local availability. This situation affects the entire livestock industry.

Kerala's budgetary practices are facing intense analysis. A recent white paper discloses staggering liabilities amounting to 5.07 lakh crore, which notably exceed the national norm. A hefty chunk of revenue is allocated to salaries, pensions, and interest payments, leaving scant room for development expenditures that are crucial for public services. Additionally, public sector units present a constant financial challenge.

UK Foreign Secretary Yvette Cooper met Prime Minister Narendra Modi and External Affairs Minister S Jaishankar. Discussions focused on strengthening the India-UK comprehensive strategic partnership. Key areas included trade, technology, supply chains, and defense. Both nations aim for early implementation of CETA. Educational ties are expanding with the University of Liverpool planning a campus in Bengaluru.