The Economic Times

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.

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.

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.

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.

India can boost nutrition security, cut import dependence, and build a global smart protein industry by scaling climate-resilient indigenous crops, say experts.

Royal Challengers Bengaluru clinched their second consecutive IPL title by defeating Gujarat Titans. Following the victory, star player Virat Kohli and his wife Anushka Sharma were seen joyfully celebrating together on the dance floor, marking a memorable moment for the couple and the team.

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

A fire erupted at Cuttack's Link Road daily market on Monday morning. Firefighters battled the blaze for hours. The fire was intense, with smoke seen for a long time. In a separate incident, a fire on a coal-loaded goods train in Odisha was extinguished. Emergency teams responded swiftly to that incident.

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.

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

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.

The strikes were in response to aggressive Iranian actions that included the shootdown of a U.S. MQ-1 drone that was operating over international waters, the U.S. Central Command said in a post on X.

Five new judges have been appointed to the Supreme Court. This brings the total number of judges to 37. The sanctioned strength of the apex court was recently increased to 38. The appointments were made following recommendations from the Supreme Court Collegium. The Supreme Court now has one vacancy.

Bihar CSBC Exam City Slip released: CSBC Bihar has released the exam city intimation slip for Prohibition Constable, Jail Warder, and Mobile Squad Constable recruitment. Candidates can check their exam district and date on the official website. The written exam is scheduled for June 14 and June 17, 2026. Admit cards will be available for download from midnight on the respective dates.

AP EAMCET 2026 Results date, time, link: AP EAMCET 2026 results are announced today, June 1, at 11 AM by APSCHE for both Engineering and Agriculture & Pharmacy streams. Candidates can access their scores and rank cards on the official portal, cets.apsche.ap.gov.in/EAPCET. The results mark a crucial step towards the upcoming online counselling process.

Karnataka's Chief Minister-designate DK Shivakumar and caretaker Chief Minister Siddaramaiah are heading to Delhi for crucial talks with the Congress high command. Discussions will focus on cabinet positions and other political matters. New faces are expected in the upcoming cabinet. A new Karnataka Pradesh Congress Committee president will also be appointed. The swearing-in ceremony is set for June 3rd.

LPG Domestic Cylinder Price today: Commercial LPG cylinder prices saw a significant increase of up to Rs 53.50 on June 1, 2026, impacting businesses like hotels and restaurants. Domestic LPG cylinder prices, however, remain unchanged. This hike, occurring amid concerns over fuel supply security and global energy market volatility, has nearly doubled costs for businesses in just five months.

US Secretary of State Marco Rubio has proposed a plan for gradual de-escalation between Israel and Lebanon. The proposal suggests Hezbollah halt attacks on Israel. In return, Israel would refrain from escalating actions in Beirut. This aims to create space for a cessation of hostilities. Lebanese President Joseph Aoun is working to advance the proposal.

JEE Advanced Topper List 2026 Out: JEE Advanced 2026 results are out! Shubham Kumar from IIT Delhi zone secured the top rank. Over 56,000 candidates qualified from nearly 1.8 lakh registrations. Qualified students are urged to join JoSAA counselling for seat allocation, with final admission contingent on eligibility criteria. Check your scorecard now!

Jerome Powell, former head of the US Federal Reserve, has spoken out against political interference in the central bank. He emphasized the importance of protecting democratic institutions, including the Fed, from partisan pressures. Powell highlighted that attempts to remove Fed officials over policy differences could erode public trust. His remarks came as he accepted the John F.

President Donald Trump wants more changes to a proposed Iran deal. The agreement aims for a ceasefire and nuclear talks. It also includes opening the Strait of Hormuz. Iran insists on guarantees for its rights. Pakistan is mediating. The US warns of renewed conflict if terms are not met. Negotiations continue with both sides proposing adjustments.

JEE Advanced Result 2026 out at jeeadv.ac.in: IIT Roorkee announced JEE Advanced 2026 results on May 31st. Qualified students can now register for JoSAA counselling starting June 2nd for admissions to IITs, NITs, and other institutes. Architecture aspirants can also register for the AAT 2026. Class 12th scores are not a direct factor for IIT seat eligibility, but final admission depends on brochure criteria.

Gujarat Titans players and staff faced an unexpected evacuation after their team bus experienced a short circuit. This incident occurred on Sunday night following their IPL final loss. No injuries were reported. The team was stranded for about an hour before alternative transport was arranged.

U.S. nonfarm payrolls data due on June 5 are expected to show an unemployment rate of 4.3 per cent and an increase of 85,000 jobs.

Jensen Huang, who has rockstar status in Taiwan, is expected to talk about Nvidia's AI chips, software and systems.

Nasdaq, S&P 500, Dow Jones investors must know that MSCI's gauge of stocks across the globe rose 5.75 points, or 0.51 per cent, to 1,130.47.

That could lead to a deadlock between Chandra and Tata, they said. Tata sought greater clarity from Chandrasekaran on the groups five-year strategic roadmap, the framework for providing an exit option to Shapoorji Pallonji Group that doesnt involve Tata Sons going public as well as his formal position on the long-debated matter of the listing.

Vaibhav Sooryavanshi achieved a historic feat at the IPL 2026 awards. The 15-year-old won MVP, Emerging Player, Super Striker, Orange Cap, and Super Sixes. He scored 776 runs with a strike rate of 237.30. Royal Challengers Bangalore also won the IPL 2026 final against Gujarat Titans.

Assam's council of ministers is set for an expansion on June 5, nearly a month after the BJP's decisive election victory. Chief Minister Himanta Biswa Sarma, who took oath with four others on May 12, has been in Delhi discussing the cabinet's composition. New faces are expected, with regional representation a key consideration for the 18-member council.

Supreme Housing promoters have a final opportunity to settle their debt with Canara Bank. The National Company Law Appellate Tribunal has ordered a deposit of 460 crore by June 13. This is the third chance for the company to resolve its financial obligations. Failure to meet this deadline will allow the insolvency process to proceed.

Major accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and drafting, allowing consultants to focus on complex interpretations and client strategy. This shift is significantly increasing efficiency and changing traditional consulting models. Firms are seeing substantial growth in AI query volumes, indicating widespread adoption and a new era for tax advisory.

Tension gripped Konsakhul, Manipur, after an alleged ambush by KNF(P) cadres injured one villager and left another missing. The attack followed the disruption of the village's water supply. Separately, unknown miscreants fired near Kharam Vaiphei Village, burning five houses. Security forces responded to control the situation. No casualties were reported in the second incident.

The Assam council of ministers will see an expansion on June 5. This comes nearly a month after the election results were declared. Chief Minister Himanta Biswa Sarma and four other ministers took their oath on May 12. The expansion was delayed due to numerous claimants for ministerial berths.

Adani Group chairman Gautam Adani announced the company's focus has shifted from funding to project execution. Significant investments are planned across airports, energy, data centres, and logistics. The group anticipates strong demand driven by infrastructure needs and artificial intelligence. Legal matters are now behind them, allowing for a concentrated push on growth and asset building.

An intruder from Pakistan-occupied Jammu and Kashmir was apprehended by the Army along the Line of Control in Uri sector. The 22-year-old, identified as Zeeshan Mir, was attempting to cross into India to meet his girlfriend. In a separate incident, two individuals from Sopore and their guide were apprehended while trying to exfiltrate.

General Raja Subramani assumed charge as the new Chief of Defence Staff, vowing to expedite the integration of indigenous weapon systems. He emphasized increased collaboration with industry, startups, and research bodies as crucial for modernizing the armed forces and fostering innovation.

Nepal PM Balen Shah stated that the Nepal-India border dispute, including the Lipulekh, Limpiyadhura, and Kalapani areas, will be resolved through diplomatic discussions. He acknowledged that Nepal has also encroached on Indian land, emphasizing the need for both sides to address the legacy issue. Meanwhile, Nepal's Rastriya Swantantra Party chair is visiting New Delhi to meet with Indian leaders.

The Central Industrial Security Force (CISF) will now secure the NATGRID campus in Bengaluru, with the Ministry of Home Affairs sanctioning 76 posts for the critical national security infrastructure. This move follows the CISF's existing security provision for NATGRID's Delhi headquarters, reinforcing protection against potential threats.

Ethical hackers and students have raised concerns about the CBSE's On Screen Marking system, alleging unauthenticated public access to scanned answer sheets due to improper AWS bucket configuration. The Board claims identified vulnerabilities have been contained, while the Congress party criticizes the system as a 'massive data leak' risking student privacy.

Quote of the day : Brad Pitts quote may sound blunt at first glance, but its deeper meaning is surprisingly liberating. You have to consider the possibility that God does not like you is less an expression of pessimism and more a challenge to let go of the belief that life owes anyone special favors, guarantees or preferential treatment.

Uttar Pradesh is experiencing storms and heavy rainfall. Chief Minister Yogi Adityanath has ordered officials to be vigilant and speed up relief efforts. Families who lost loved ones or livestock will receive immediate assistance. Surveys will assess crop damage, ensuring farmers get aid. The power department is tasked with restoring electricity and ensuring safety.