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The Economic Times

Top News / The Economic Times

'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
Beyond rice, wheat: Why India must revive native orphan crops for protein security

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

1 Jun 2026 10:20 am
RCBs IPL 2026 Win: Virat Kohli, Anushka Sharma light up dance floor; Kohli wears One felt nice, we did it twice t-shirt steals spotlight; watch viral video

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.

1 Jun 2026 10:16 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
Odisha: Massive fire breaks out at Cuttack daily market

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.

1 Jun 2026 10:10 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
US struck Iranian drone command sites in response to MQ-1 downing, military says

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.

1 Jun 2026 9:06 am
Supreme Court gets five new judges; strength to go up to 37

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.

1 Jun 2026 9:02 am
CSBC Bihar Constable Exam City Slip 2026 released, admit card dates announced for 4,236 posts: Check timings, vacancy details and more

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.

1 Jun 2026 9:01 am
AP EAMCET 2026 Results Link: Check when website link will get active, how to download scorecard, documents required for counselling

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.

1 Jun 2026 8:49 am
DK Shivakumar, Siddaramaiah to meet party High Command in Delhi; to give a final shape to Karnataka Cabinet

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.

1 Jun 2026 8:40 am
LPG Cylinder Price Today (June 1): Check domestic gas rates in Delhi, Mumbai, Kolkata, Chennai after commercial rates hiked by Rs 42 in capital

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.

1 Jun 2026 8:38 am
US proposes new plan to ease Israel-Lebanon tensions amid fighting

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.

1 Jun 2026 8:29 am
JEE Advanced Topper List 2026: Shubham Kumar from IIT Delhi zone tops, check best performers, qualifying marks and more

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!

1 Jun 2026 8:07 am
Jerome Powell sounds alarm on Fed independence, says central bank faces 'stress test'

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.

1 Jun 2026 8:01 am
Trump seeks fresh changes to Iran deal; draft includes Hormuz reopening, nuclear curbs: Report

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.

1 Jun 2026 7:46 am
JEE Advanced Result 2026 declared: Check direct link for registration, JoSAA Counselling, AAT Schedule dates and more

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.

1 Jun 2026 7:31 am
Gujarat Titans bus suffers short circuit after IPL final loss; players evacuated safely

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.

1 Jun 2026 7:14 am
USD rate today: Check U.S Dollar against Euro, Yen, Sterling

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.

1 Jun 2026 6:44 am
Nvidia CEO Jensen Huang unveils Computex trade show in Taiwan. What to expect from AI event in Taipei?

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

1 Jun 2026 6:15 am
US stock Market on Monday: S&P 500, Dow Jones, Nasdaq to jump big on June 1? Here are critical factors

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.

1 Jun 2026 6:00 am
Noel Tata flags unresolved issues; Tata Sons chairman reappointment on hold

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.

1 Jun 2026 6:00 am
Vaibhav Sooryavanshi named Emerging Player of IPL 2026 tournament

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.

1 Jun 2026 1:14 am
Assam Cabinet Expansion on June 5 after BJPs strong poll win

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.

1 Jun 2026 1:11 am
NCLAT offers Supreme Housing final chance to settle Canara Bank dues

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.

1 Jun 2026 1:09 am
At Big 4 firms, AI is starting to reshape the tax profession

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.

1 Jun 2026 12:57 am
Tension grips Manipur's Konsakhul after villager injured in alleged ambush

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.

1 Jun 2026 12:56 am
Assam cabinet expansion on June 5, nearly a month after poll verdict

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.

1 Jun 2026 12:50 am
Adani Group now focused on building assets at scale: Gautam Adani

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.

1 Jun 2026 12:43 am
PoJK intruder crosses LoC to 'meet lover', held

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.

1 Jun 2026 12:42 am
Will accelerate integration of indigenous weapons: New CDS General Raja Subramani

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.

1 Jun 2026 12:38 am
Nepal PM Balen Shah bats for talks with India, claims shared fault in border row

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.

1 Jun 2026 12:37 am
Centre okays CISF cover for NATGRID's Bengaluru campus

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.

1 Jun 2026 12:32 am
OSM under fire as CBSE battles data leak claims

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.

1 Jun 2026 12:31 am
Quote of the day by Brad Pitt: You have to consider the possibility that God does not Strong lesson about acceptance and how to move on when life doesnt go as planned

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.

1 Jun 2026 12:17 am
CM Yogi Adityanath orders faster relief, calls for vigilance as storms hit UP

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.

1 Jun 2026 12:17 am