SENSEX
NIFTY
GOLD
USD/INR

Weather

image 39    C

The Economic Times

National / The Economic Times

Karnataka state planning panel proposes reforms for KSFC

Karnataka State Financial Corporation is set for a major transformation. The Karnataka State Policy and Planning Commission has proposed a new law to modernize the corporation. It will focus on MSMEs, startups, and rural industries. The plan includes digital lending, AI credit assessment, and faster loan approvals. This initiative aims to boost financing and create jobs across Karnataka.

22 May 2026 8:01 pm
Quote of the day by Harrison Ford: 'What's important is to be able to see yourself, I think, as having commonality with other...' - life lessons on humanity, equality, why fame and success should'nt change how you treat people by The Fugitive and Air Force One actor

Quote of the day by Harrison Ford: He emphasizes shared humanity, urging against letting success breed superiority. He highlights that despite differing life paths, everyone experiences common struggles, emotions, fears, and hopes. True fulfillment, he suggests, lies in humility, respect, and emotional connection, not just status.

22 May 2026 7:00 pm
Quote of the Day by Legendary American actor Steve McQueen: When I believe in something, I fight like hell for it Inspiring lessons on determination, resilience, courage, persistence and why where theres a will, theres a way by the The King of Cool

Quote of the Day by Steve McQueen: Steve McQueens quote, When I believe in something, I fight like hell for it explores the importance of determination, conviction, and persistence in life. The quote suggests that true belief should inspire passion, courage, and relentless effort, encouraging people to stand firmly for their goals, values, and principles even when faced with challenges or opposition.

22 May 2026 6:44 pm
TANCET result 2026 out at tancet.annauniv.edu; check key details here

Anna University announced TANCET 2026 results today, May 22, 2026. Candidates can check their scores on tancet.annauniv.edu. Over 30,000 students appeared for MBA, MCA, and CEETA PG exams. Scorecards will be available from May 27. Profile corrections are allowed before downloading scorecards. Admission schedules will be released soon.

22 May 2026 6:29 pm
Twisha Sharma's absconding husband Samarth Singh reaches Jabalpur court to surrender

Samarth Singh, husband of Twisha Sharma, surrendered at Jabalpur district court Friday evening. This followed the withdrawal of his anticipatory bail plea from the Madhya Pradesh High Court. Twisha Sharma died last week in Bhopal, with her family alleging dowry harassment. Police had announced a reward for Singh's arrest. His mother, a retired judge, was granted anticipatory bail.

22 May 2026 5:53 pm
The $4.50 gas economy: Fewer nights out, more belt-tightening

As fuel prices continue to rise, many American families are feeling the financial crunch. With budgets tightening, people are cutting back on non-essential expenses and are on the lookout for free entertainment options. For numerous individuals, reducing driving simply isn't feasible due to job responsibilities and family needs.

22 May 2026 5:49 pm
Supreme Court questions quota to children of economically, educationally advanced families in backward classes

The Supreme Court is questioning the continuation of reservation benefits for children from affluent families within backward classes. Justices B V Nagarathna and Ujjal Bhuyan observed that educational and economic empowerment leads to social mobility. They noted that if parents are well-off, their children should not need reservation.

22 May 2026 5:47 pm
How to make sugar-free mango ice cream at home

Homemade mango ice cream can be surprisingly easy to make without adding refined sugar. Ripe mangoes are naturally sweet on their own, especially varieties like Alphonso or Kesar, which means you often do not need extra sweeteners at all.

22 May 2026 5:38 pm
BRS leader Rama Rao alleges delay in arrest of Bandi Sanjay's son in POCSO case

BRS leader K T Rama Rao accused Telangana Chief Minister A Revanth Reddy of a secret deal with Union Minister Bandi Sanjay Kumar. Rama Rao claimed Kumar's son was not arrested for nine days in a POCSO case. The arrest only happened after the Telangana High Court rejected his plea for protection.

22 May 2026 5:30 pm
Problems disappeared when I let them go: Bolts Ryan Breslow explains why he laid off his entire HR team

Bolt CEO Ryan Breslow defended significant layoffs and the removal of the HR department, attributing these drastic measures to a need to revive the fintech company. He stated that the HR team created non-existent problems and that the company had developed a culture of entitlement, necessitating a return to a gritty startup mode with a leaner, more junior workforce.

22 May 2026 5:28 pm
Trump officials tried to ban half of US voting machines, citing conspiracy theories

A Trump administration plan aimed to ban Dominion voting machines. Officials considered declaring components national-security risks. This effort sought federal control over elections. The plan failed due to a lack of evidence. This episode highlights attempts to influence election processes. It occurred as Republicans anticipated midterm losses.

22 May 2026 5:28 pm
Bernstein says Adani Group emerged stronger after short-seller episode and US developments

Adani Group has emerged stronger following past challenges. A report highlights improved financials and continued infrastructure expansion. Promoter share pledges have significantly reduced. The group's earnings show strong growth. Funding sources have diversified, easing liquidity concerns. Adani Group's core strength in large-scale infrastructure execution remains a key factor.

22 May 2026 5:25 pm
Melt belly fat: 5 easy 20-minute exercises to support your weight loss goals

Losing belly fat is not about doing endless crunches or spending hours in the gym every day. In reality, consistent movement, better eating habits and regular exercise matter far more than quick fixes.

22 May 2026 5:20 pm
Why are Indians suddenly buying more vitamins after starting Ozempic-like weight loss drugs?

Demand for vitamin and nutritional supplements is surging in India. This trend follows the increased availability of semaglutide-based weight-loss and diabetes medicines. Doctors are advising patients on these drugs to take multivitamins and protein supplements. This is to prevent nutritional deficiencies and muscle loss due to reduced food intake. Sales of vitamin supplements saw a significant jump in April.

22 May 2026 5:08 pm
Word of the Day: Cacozelia

Word of the Day: Using overly complicated vocabulary simply to impress others can itself become a form of cacozelia. The real distinction comes down to intention and clarity. Rare words can enrich communication when used naturally and precisely, but they may feel artificial when added only for dramatic effect.

22 May 2026 4:59 pm
CBSE pushes deadline to obtain scanned copies of Class-12 answer sheets to May 24

The Central Board of Secondary Education has extended the deadline for Class 12 students to apply for scanned copies of their answer books until May 24 following unprecedented website traffic and instances of unauthorized interference. The board said the extension is intended to ensure that no student misses the opportunity to access their evaluated answer sheets. CBSE has also revised the fee structure for obtaining answer-book copies, verification of marks, and re-evaluation, providing student

22 May 2026 4:50 pm
Allahabad HC asks UP govt to furnish details of arms licences of Brij Bhushan Singh, Raja Bhaiya, 17 other people

The Allahabad High Court has ordered the Uttar Pradesh government to provide details of arms licenses for 19 individuals. This includes prominent politicians like Brij Bhushan Singh and Raja Bhaiya. The court expressed concern that public display of weapons can disrupt social harmony and create fear. It emphasized the need for fairness in administration.

22 May 2026 4:47 pm
Competition watchdog flags treatment pricing issues at private hospitals in Delhi-NCR

The Competition Commission of India observed that patients in Delhi-NCR super-speciality hospitals often depend on in-house services, creating a locked-in effect. While diagnostic tests were found costlier than market averages, proceedings against Sir Ganga Ram Hospital were closed due to insufficient evidence of abusing a dominant position.

22 May 2026 4:47 pm
TDP-led NDA to win all 4 Rajya Sabha seats from Andhra on June 18

The TDP-led NDA is set to secure all four Rajya Sabha seats in Andhra Pradesh. Elections are scheduled for June 18, 2026. The current Rajya Sabha composition will shift following this election. Sources indicate the TDP will contest two seats, with the BJP and Janasena each vying for one. The ruling coalition's strong Assembly numbers support this projection.

22 May 2026 4:40 pm
The Late Show with Stephen Colbert Finale: How to watch the historic final episode Live tonight

For millions of viewers, The Late Show with Stephen Colbert became far more than a nightly entertainment program. Whether audiences tuned in for celebrity interviews, sharp political satire or emotional monologues during difficult national moments, the show established itself as a significant voice in modern pop culture.

22 May 2026 4:35 pm
Twisha Sharma case update: Absconding husband withdraws pre-arrest bail plea filed in HC

Samarth Singh, husband of Twisha Sharma, has withdrawn his anticipatory bail plea in the Madhya Pradesh High Court. This leaves him with no choice but to surrender to the authorities. Twisha Sharma died last week in Bhopal, with her family alleging dowry harassment. Police have announced a reward for Singh's arrest and are seeking to revoke his passport.

22 May 2026 4:34 pm
NEET-UG re-test June 21: Education Minister Dharmendra Pradhan assures error-free exam amid irregularities

Union Education Minister Dharmendra Pradhan said tough decisions were required in the wake of the NEET-UG irregularities and assured that the government is committed to ensuring deserving students do not lose opportunities because of examination malpractice. Emphasising efforts to restore trust in the system, he said authorities are working to make the June 21 re-test completely error-free. Pradhan acknowledged the mental distress faced by nearly 22 lakh students and said corrective measures are

22 May 2026 4:02 pm
Madhya Pradesh HC allows second postmortem of Twisha Sharma, say her family members

The Madhya Pradesh High Court has allowed a second postmortem for Twisha Sharma. Sharma, a model and actor, was found dead at her Bhopal home. Her family alleges dowry harassment. The court directed the state to arrange a medical team from AIIMS Delhi. This follows a lower court's rejection of the family's plea.

22 May 2026 4:02 pm
Planet Parade this weekend: How to see Venus, Jupiter, and Mercury shine together after sunset

Planetary alignments continue to capture public fascination because they make astronomy feel approachable and easy to experience. Unlike distant deep-space events that require telescopes or specialized equipment, bright planets can often be spotted with the naked eye from suburban backyards, rooftops and public parks.

22 May 2026 3:59 pm
Donald Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax system

Donald Trump's tax probes have ended. The Internal Revenue Service agreed to drop all pending investigations into the former president's tax payments. This decision came as part of a settlement for a lawsuit Trump filed over a leak of his tax returns. The agreement grants Trump and his organisation immunity from future examinations of current tax filings.

22 May 2026 3:54 pm
Sports development fund pilferage demoralising sportspersons: Congress

The Congress has alleged that funds from the National Sports Development Fund (NSDF), intended to support athletes, were diverted for the construction and maintenance of sports facilities at IAS officers residences. Calling the alleged misuse of funds a setback for sportspersons, the party said it has discouraged athletes and contributed to a sharp decline in donations to the fund. Congress has demanded corrective action and accountability, urging the government to address the concerns and ensur

22 May 2026 3:49 pm
Warsh takes over Fed with a policy problem already in view

Kevin Warsh takes charge as the new Fed leader. He faces a critical juncture for the economy and monetary policy. Inflation is high and could rise further. Artificial intelligence is reshaping industries. Warsh must decide whether to raise interest rates to combat inflation. His actions will be closely watched by markets and President Trump.

22 May 2026 3:48 pm
India's informal job generation marked key milestone in January-March 2026

India's informal sector employment has surged past 15 crore for the first time during January-March. This marks a significant 15% increase year-on-year. The number of businesses in this sector also grew by nearly 17%. Services led this expansion, showing strong entrepreneurial activity and demand.

22 May 2026 3:47 pm
Decided to bring back to India some persons deported to Bangladesh: Centre to SC

The Indian government will bring back individuals previously deported to Bangladesh. These people will then have their claims of Indian citizenship verified. The Supreme Court was informed of this decision. The process is expected to take about ten days. The court will hear the matter again in July. This move follows a High Court order that termed the deportations illegal.

22 May 2026 3:45 pm
Funny old world: The week's offbeat news

From Donald Trump's fans in Bangladesh to a scandal over hot priests in Rome. - Fallen angels - In a shock akin to the pope embracing Buddhism, a sexy priest who adorns thousands of calendars sold to tourists in Rome has revealed that he was never a man of the cloth.

22 May 2026 3:44 pm
Maharashtra's economy to surpass those of Singapore, UAE in 2 to 3 years: Fadnavis

Maharashtra's economy is set to outpace Singapore and the UAE within two to three years. Chief Minister Devendra Fadnavis highlighted rapid growth in innovation, artificial intelligence, and infrastructure as key drivers. The state is already the world's 30th largest economy and aims for a USD 1 trillion economy by 2030. Technology and AI are central to this ambitious development plan.

22 May 2026 3:42 pm
5 pink-coloured drinks that help reduce body heat naturally

When temperatures start soaring, nothing feels better than a chilled drink that actually helps cool the body down. Interestingly, many naturally pink drinks are made using ingredients like rose, watermelon, berries and beetroot, foods known for their high water content and refreshing properties.

22 May 2026 3:42 pm
She waited decades to become a mother, wanted to send him abroad: Delhi woman and adopted son found murdered at home days after Manali trip

A mother and her adopted teenage son were brutally stabbed to death in Southeast Delhi. The 40-year-old woman, Sharda, and her son, Kushal, were found with multiple stab wounds. Family members expressed deep grief, remembering Kushal as a bright, artistic child with a promising future, and Sharda as a loving homemaker. Relatives are seeking justice for the heinous crime.

22 May 2026 3:38 pm
Cockroach Janta Party's Instagram followers are now double BJP's, but it may still not beat India's political giants; UPSC teacher explains why

A satirical online group, the Cockroach Janta Party, is outperforming major Indian parties on Instagram, sparking debate on viral popularity versus electoral power. Political commentator Shekhar Dutt cautions against mistaking online engagement for on-ground support, emphasizing that Indian elections still hinge on trust, local leadership, and years of groundwork, not just digital trends.

22 May 2026 3:37 pm
StanChart CEO apologises for 'upset caused' by AI comments

Standard Chartered CEO Bill Winters has apologized for comments about artificial intelligence replacing workers. He stated that the bank is investing in AI technology. This move is expected to lead to job cuts. Winters clarified his remarks, emphasizing the bank's commitment to its employees. Regulators in Hong Kong and Singapore are seeking more information.

22 May 2026 3:28 pm
Bengal SIR: Tribunals dispose of 6,581 appeals so far, allow 61.5% cases back in voter rolls

West Bengal's appellate tribunals have processed only a small percentage of nearly 25 lakh appeals concerning electoral roll revisions. Out of over 6,500 cases decided, about 61.5 percent were allowed, reinstating names on voter lists. Many appeals remain pending. Tribunals were formed following Supreme Court directives to address grievances.

22 May 2026 3:25 pm
'Traffic jam on Mount Everest': Think Manali is crowded? Worlds highest peak just saw record 274 climbers reaching summit in one single day

A record 274 climbers reached the summit of Mount Everest from the Nepali side on Wednesday, marking the highest number of single-day ascents ever recorded from Nepal. The surge came as Chinese authorities reportedly did not issue climbing permits for the Tibetan side this season. Despite ongoing concerns about overcrowding and safety risks on the mountain, some expedition operators say large numbers of climbers can still be managed safely with proper planning, oxygen supplies and experienced su

22 May 2026 3:25 pm
SC grants bail to accused in UAPA case over recruitment of 'hybrid' terrorists

The Supreme Court has granted bail to Suhail Ahmad Thokar. He was arrested in a UAPA case related to alleged conspiracy with terrorist groups. Thokar was accused of recruiting terrorists and radicalizing youth. The court considered his period of custody. The trial is expected to take time. He will be released on bail after furnishing a bond.

22 May 2026 3:19 pm
Court orders Royal Enfield to pay Rs 5 lakh compensation to Continental GT buyer for repeated repairs

Royal Enfield compensation ruling: A Coimbatore consumer court has ordered Royal Enfield and its dealer Bharat Automotives to pay Rs 5.1 lakh. The compensation is for a buyer whose Continental GT 650 motorcycle repeatedly broke down. The bike suffered recurring defects for nearly three years. It spent 294 days at service centres. The court found deficiency in service by both the manufacturer and dealer.

22 May 2026 2:50 pm
Supreme Court indicates Delhi riot accused may get bail, says police argument on reference will be looked into

The Supreme Court is likely to grant interim bail to two individuals accused in the 2020 Delhi riots. The court will also consider a Delhi Police request to refer a legal question on bail under the UAPA to a larger bench. This question concerns whether prolonged incarceration and trial delays can override UAPA's bail restrictions.

22 May 2026 2:44 pm
Citi to boost Asia wealth business with 'significant' hires, global head says

Citigroup is focusing its global wealth management hiring on Asia. The region's private bank is growing faster and is more productive than other areas. Citigroup plans to hire about 100 private bankers worldwide. Asia is a key part of this strategy. The bank aims for significant growth in its wealth unit.

22 May 2026 2:41 pm
Delhi govt eases DJB policy to reduce water charges

The Delhi government has approved a new policy for Delhi Jal Board properties. This aims to simplify water charges and reduce costs for the public. Infrastructure charges will now be based on water demand and apply only to new construction. Residential colonies in E and F categories will receive a 50 percent rebate.

22 May 2026 2:39 pm