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The Economic Times

Top News / The Economic Times

Finance ministry links government procurement with labour law compliance

An office memorandum dated May 8, 2026, issued by the procurement policy division of the department of expenditure to all central ministries, departments, autonomous bodies and CPSES aims to operationalises worker protections envisaged under the four Labour Codes while introducing stricter penalties, including debarment and blacklisting, for firms violating timely wage and social security contributions.

9 May 2026 1:16 pm
Quote of the day by Michael Jackson: 'Lies run sprints, but the truth runs...' - King of Pop's timeless wisdom

Quote of the day by Michael Jackson: Michael Jackson, the 'King of Pop', revolutionized music, dance, and performance with hits like 'Thriller' and iconic moves such as the moonwalk. His career, though marked by controversy, left an indelible mark on global culture, with his music and innovation continuing to inspire artists worldwide.

9 May 2026 1:15 pm
West Bengal Cabinet Ministers List: Meet Chief Minister Suvendu Adhikari's A-team

Senior BJP leader Suvendu Adhikari took oath as West Bengals first BJP chief minister at Kolkatas Brigade Parade Ground in the presence of Prime Minister Narendra Modi and senior BJP leaders. The BJPs victory ended the 15-year rule of the All India Trinamool Congress in the state.

9 May 2026 1:03 pm
Israel army issues evacuation warning for nine south Lebanon villages

The Israeli military called on residents of more than half a dozen villages in southern Lebanon to immediately evacuate on Saturday ahead of expected attacks against Hezbollah despite a truce with Lebanon intended to halt the fighting. For your safety, you must evacuate your homes immediately and stay away from the villages and towns by a distance of no less than 1,000 metres to open areas, he added.

9 May 2026 12:54 pm
Watch: Who is Makhanlal Sarkar? 98-year-old BJP veteran whose feet PM Modi touched during Bengal oath ceremony. His link to Syama Prasad Mukherjee explained

Prime Minister Narendra Modi showed respect to 98-year-old BJP veteran Makhanlal Sarkar at the West Bengal Chief Minister's swearing-in ceremony. The heartwarming gesture occurred at the Brigade Parade Ground in Kolkata. Sarkar is a founding member of the Bharatiya Jana Sangh and played a key role in building the BJP in North Bengal.

9 May 2026 12:47 pm
TMC launches fresh jibe on EC in first reaction as Suvendhu Adhikari becomes West Bengal CM

Following Suvendu Adhikari's oath as West Bengal Chief Minister, the TMC has raised serious concerns. Abhishek Banerjee alleged widespread electoral fraud, including disenfranchisement of voters. He also pointed to partisan actions by institutions and the Election Commission. The party claims post-poll violence against its workers. The TMC vows to remain a strong opposition in Delhi and West Bengal.

9 May 2026 12:42 pm
PM Modi to inaugurate development projects, address BJP rally in Hyderabad on May 10

Prime Minister Narendra Modi will visit Hyderabad on May 10. He will inaugurate or lay the foundation stone for development projects valued at Rs 9,400 crore. This visit marks his first public rally in Telangana after his re-election. The Prime Minister will also address a public meeting. The BJP is preparing for a large gathering, expecting two lakh attendees.

9 May 2026 12:38 pm
US, Iran no closer to ending war as Gulf clashes flare

Tensions remain high between the US and Iran as both nations exchange fire in the Gulf. A fragile ceasefire is being tested by recent clashes. US intelligence indicates Iran can endure a naval blockade for several months. The United Arab Emirates also faced attacks. The US is awaiting Iran's response to a proposal to end the war.

9 May 2026 12:33 pm
India-EU strategic partnership gained decisive new momentum, says Nirmala Sitharaman at Europe Day 2026

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Friday stated that the 16th India-EU Summit held in New Delhi this January provided a decisive new momentum to the bilateral strategic partnership, elevating it to a higher level.

9 May 2026 12:27 pm
Chef Ranveer Brar shares how to break a coconut along with easy Kerala-style coconut rice recipe

Chef Ranveer Brar has revealed a simple Instagram trick to crack coconuts easily. This hack makes using fresh coconut accessible for home cooks. He also shared a comforting Kerala-style coconut rice recipe. This dish is fragrant and mildly spiced, perfect for a weekend meal. The chef's tips are making traditional cooking less intimidating for many.

9 May 2026 12:26 pm
TVK should seek allies before meeting Governor: DMK as Vijay stakes claim to form government

Political maneuvering intensifies in Tamil Nadu after the Assembly election results. DMK leaders TKS Elangovan and P Wilson have voiced concerns over alleged horse trading attempts. This follows a dispute over a letter of support for Tamilaga Vettri Kazhagam (TVK) leader Vijay. TVK claims support from an AMMK MLA, while AMMK denies it.

9 May 2026 12:23 pm
PM Modi felicitates BJP veteran worker Makhanlal Sarkar during swearing-in ceremony in West Bengal

West Bengal news: Prime Minister Narendra Modi attended the historic swearing-in ceremony in Kolkata. Senior BJP worker Makhanlal Sarkar was honored. Suvendu Adhikari took oath as West Bengal's first BJP Chief Minister. The BJP secured a significant victory in the assembly elections. This marks the beginning of a new era for the state.

9 May 2026 12:22 pm
Parent company of Trump's Truth Social reports $400 mn loss

TMTG, the firm behind Donald Trump's Truth Social, unveiled a troubling report showing a net loss of more than $400 million in the first quarter, primarily linked to a nosedive in cryptocurrency valuations. Earnings dipped below $1 million during this period, raising questions about the viability of its substantial investments in the crypto space.

9 May 2026 12:09 pm
RBI officers seek governor's intervention to correct promotion policy

RBI officers are protesting recent changes to the promotion policy. The Reserve Bank of India Officers' Association has written to the Governor seeking intervention. The new policy links promotions to vacancy availability, replacing the earlier time-bound system. This has caused widespread dissatisfaction and demoralization among officers. The association demands an immediate review and the reintroduction of assured, time-bound promotions.

9 May 2026 12:05 pm
Jhalmuri, sweets & Rabindranath Tagore: The Bengali factor in BJP's Bengal oath-taking ceremony

Suvendu Adhikari took oath as West Bengal's Chief Minister at Kolkata's Brigade Parade Ground. Prime Minister Narendra Modi and other senior BJP leaders attended the historic event. This marks the first time the BJP has formed a government in West Bengal. The ceremony featured Bengali cultural elements, including jhalmuri stalls. The venue itself holds significant political history.

9 May 2026 11:44 am
West Bengal New Govt: Suvendu Adhikari sworn in as CM; Dilip Ghosh, Agnimitra Paul others take oath of office ending Mamata's TMC era

West Bengal has a new Chief Minister, Suvendu Adhikari. The BJP secured a historic win in the 2026 elections, ending fifteen years of Trinamool Congress rule. Adhikari took the oath of office at Brigade Parade Grounds. The party achieved a significant majority in the assembly. This marks a major shift in the state's political landscape.

9 May 2026 11:40 am
Bank of America taps tech dealmaker Richard Hardegree as vice chair of M&A, memo shows

Bank of America has appointed Richard Hardegree as its new vice chair for mergers and acquisitions. Hardegree, a seasoned banker with over 30 years of experience, joins from UBS. He will focus on the semiconductor sector and will be based in Palo Alto, California. This move signals Bank of America's commitment to expanding its market share in tech dealmaking.

9 May 2026 11:36 am
Who is Richard Lewer? Melbourne-based artist wins Archibald Prize 2026 with powerful portrait of Pitjantjatjara elder Iluwanti Ken

Melbourne artist Richard Lewer has won the prestigious Archibald Prize. His winning artwork is a portrait of Iluwanti Ken, a respected Pitjantjatjara elder and traditional healer. Lewer spent time on Country with Ken to create the painting. This marks a significant achievement for Lewer and highlights Indigenous representation in art.

9 May 2026 11:08 am
Cross-border militant attack rocks Manipur border villages, Congress questions security response

Militants from Myanmar crossed the border into Manipur's Kamjong district. They attacked indigenous villages, causing damage and raising concerns about security. The Manipur government has condemned the violence. Security forces are working to restore peace. An armed cadre was apprehended. The incident highlights ongoing border security challenges.

9 May 2026 11:06 am
West Bengals Delhi wall may disappear: What schemes could BJP rule in Kolkata unlock?

West Bengal's long-standing political clashes with the central government over welfare schemes are set to change. With the BJP now in power in both the state and at the Centre, a new era of administrative integration is expected. Major schemes like Ayushman Bharat and PM-Kisan, previously sources of conflict, may be merged or streamlined.

9 May 2026 10:57 am
Tamil Nadu battle: Congress attacks BJP, DMK over blocking TVK government

Congress accuses BJP and DMK of obstructing TVK's secular government formation in Tamil Nadu. The party claims the DMK is willing to support AIADMK and prevent other secular parties from aiding TVK, amid reported INDIA bloc divisions and DMK seeking separate seating in Parliament.

9 May 2026 10:42 am
NS Raja Subramani is Indias new CDS: From his birthplace to top defence post, his inspiring journey from Tamil Nadu you should know

Lieutenant General (Retd) NS Raja Subramani has been appointed as India's new Chief of Defence Staff. A decorated Army officer with extensive experience in high-altitude operations and counter-insurgency, he will now lead the coordination between the Army, Navy, and Air Force. His career includes command roles and serving as Vice Chief of Army Staff.

9 May 2026 10:22 am
Chidambaram questions prosecution agencies after acquittal of accused in Tadmetla massacre, Sohrabuddin case

Congress leader P Chidambaram raised concerns over the performance of investigative and prosecution agencies. This follows recent acquittals in the 2010 Tadmetla massacre and the 2005 Sohrabuddin Sheikh encounter cases. The acquittals highlight potential weaknesses in how these cases were handled. A memorial was recently inaugurated for the CRPF personnel killed in Tadmetla.

9 May 2026 10:22 am
Poster war erupts as Congress high command to take call on Kerala CM

Kerala CM news: Posters supporting Ramesh Chennithala for Chief Minister appeared in Idukki. Earlier, posters for KC Venugopal were also seen. Leaders are meeting in Delhi to decide the United Democratic Front's Chief Ministerial face. VD Satheesan is a frontrunner. The Congress high command will announce the decision after internal processes. MLAs have authorized the high command to decide the leader.

9 May 2026 10:20 am
Mockery of democracy: TTV Dhinakaran accuses Vijay-led TVK of horse-trading in Tamil Nadu govt formation bid

A political storm brews in Tamil Nadu. AMMK leader T. T. V. Dhinakaran alleges Vijay's Tamilaga Vettri Kazhagam is involved in horse-trading. This follows TVK chief Vijay staking claim to form the government. Dhinakaran has urged the Governor to invite AIADMK leader Edappadi K. Palaniswami instead.

9 May 2026 10:15 am
Trying to lose belly fat? These 5 homemade morning drinks may help

Are you trying to lose belly fat and struggling with it? You don't have to go for extreme diets; in fact, certain homemade morning drinks can not only help you lose your belly fat but also boost your metabolism. When combined with a healthy diet and a few workouts per week, these morning drinks can help you lose belly fat more quickly and naturally. Here are six easy drinks you can make at home to reduce your belly fat.

9 May 2026 10:10 am
Will Vijay take oath today? Here are the latest updates as confusion prevails over Tamil Nadu govt formation

Chennai is witnessing high political drama. Vijay's oath-taking as Tamil Nadu's next Chief Minister is uncertain. A razor-thin majority in the assembly has led to intense negotiations. The Governor awaits a crucial support letter. Alliances are shifting rapidly. The state's political future hangs in the balance as discussions continue.

9 May 2026 10:01 am
The alliance that wasnt: How Tamil Nadus Dravidian rivals failed to stop Vijays march

Tamil Nadu's political landscape was thrown into turmoil as DMK and AIADMK failed to prevent C Joseph Vijay's party from forming the government. Despite intense negotiations and attempted defections, Vijay's Tamilaga Vettri Kazhagam emerged as the single largest party, leaving the state's mandate fractured.

9 May 2026 9:51 am
PM Modi pays homage to Rabindranath Tagore, terms him 'timeless voice of India's civilisational soul'

Prime Minister Narendra Modi honored Nobel laureate Rabindranath Tagore on his birth anniversary. He described Tagore as an exceptional philosopher, educationist, artist, and a timeless voice of India's civilisational soul. Tagore's profound thoughts and creative energy enriched society. The Prime Minister expressed deep reverence and gratitude for his contributions. Tagore's legacy continues to inspire and guide.

9 May 2026 9:49 am
Bengal set to step into saffron era with Suvendu Adhikari's swearing-in as CM today

Suvendu Adhikari is set to be sworn in as West Bengal's first BJP Chief Minister at Kolkata's Brigade Parade Ground. This marks a significant shift in state politics, with the BJP securing a decisive victory over the TMC. The ceremony is expected to be attended by top BJP leaders and thousands of party workers.

9 May 2026 9:39 am
Quote of the day by Maya Angelou: 'Bitterness is like cancer. It eats upon the host. But anger is like fire. It... - Renowned American poet's timeless wisdom on handling resentment

Quote of the day by Maya Angelou: Maya Angelou, a renowned writer and poet, inspired millions with her courage, wisdom, and hope. Overcoming early struggles with racism and trauma, she transformed her experiences into powerful lessons on resilience and self-belief. Her impactful writings, including 'I Know Why the Caged Bird Sings,' continue to resonate, encouraging people to rise above adversity with dignity.

9 May 2026 9:34 am
Suvendu Adhikari Oath-taking Ceremony: Where to watch BJPs first West Bengal CM swearing-in ceremony live

Suvendu Adhikari Oath Ceremony Live Streaming: Kolkata is set to witness a historic political moment. Suvendu Adhikari will be sworn in as West Bengal's first Bharatiya Janata Party Chief Minister. The ceremony will take place at the Brigade Parade Ground on Saturday. Prime Minister Narendra Modi and other top leaders are expected to attend. This marks a significant milestone for the BJP in the state.

9 May 2026 9:18 am
US says two dead, one survivor in latest boat strike

The US military reported striking another alleged drug-trafficking boat in the eastern Pacific, resulting in two deaths and one survivor. This incident, part of a campaign against arco-terrorists, brings the death toll to at least 192. Critics question the evidence and suggest the strikes may constitute extrajudicial killings.

9 May 2026 9:10 am
TCS Nashik case: Maharashtra Minister Shirsat claims AIMIM corporator sheltered Nida Khan, calls Imtiaz Jaleel 'main culprit'

Maharashtra Minister Sanjay Shirsat made serious allegations regarding a case linked to the TCS facility in Nashik. He claimed AIMIM corporator Mateen Majid Patel sheltered accused Nida Khan. Shirsat also stated that former MP Imtiaz Jaleel was the main culprit. Khan was taken into custody from Chhatrapati Sambhajinagar. The investigation is ongoing.

9 May 2026 8:56 am
'Dream of Syama Prasad Mukherjee fulfilled': Dilip Ghosh ahead of BJP govt swearing-in in West Bengal

Ahead of the swearing-in ceremony of the BJP government in West Bengal on Saturday, BJP leader Dilip Ghosh said the people of the state voted for change and fulfilled the dream of Syama Prasad Mukherjee.

9 May 2026 8:39 am
Suvendu Adhikari oath-taking ceremony date and time: When will BJPs first West Bengal CM take oath?

Suvendu Adhikari Oath Ceremony Date And Time: West Bengal is set for a historic political change. Suvendu Adhikari will be sworn in as the state's first Bharatiya Janata Party Chief Minister on Saturday. The ceremony will take place at the Brigade Parade Ground. Prime Minister Narendra Modi and other top BJP leaders are expected to attend. This marks a significant transition for the state's political landscape.

9 May 2026 8:31 am
US imposes sanctions on companies it accuses of aiding Iran's weapons sector

The U.S. Treasury imposed sanctions on 10 individuals and companies, including several in China and Hong Kong, for aiding Iran's weapons and drone material procurement. These actions aim to curb Iran's ability to threaten regional allies and shipping. The sanctions target specific companies involved in facilitating weapon and material acquisition for Iran's military programs.

9 May 2026 8:27 am
Vice Admiral Krishna Swaminathan appointed as New Navy Chief; Admiral Tripathi retires May 31

Vice Admiral Krishna Swaminathan has been appointed as the new Chief of the Naval Staff, succeeding Admiral Dinesh Kumar Tripathi who retires on May 31, 2026. Swaminathan, a decorated officer with extensive operational and staff experience, previously served as the Vice Chief of the Naval Staff. His appointment marks a significant transition in the Indian Navy's leadership.

9 May 2026 8:20 am
US fires on and disables 2 more Iranian tankers as tensions rise in the Strait of Hormuz

U.S. forces disabled two Iranian oil tankers after exchanging fire in the Strait of Hormuz, while the UAE reported an Iranian missile and drone attack. These incidents cast doubt on a fragile ceasefire as Washington awaits Iran's response to a proposal aimed at ending the war and reopening the vital waterway.

9 May 2026 8:13 am
Trump touts ending nine wars, says would 'love to' make Russia-Ukraine the 10th one

US President Donald Trump on Friday (local time) touted his claims of ending multiple global conflicts after he took charge of the White House and expressed hope that the ongoing Russia-Ukraine war could become the next one resolved, saying he would love to make it the tenth.

9 May 2026 8:05 am
Weather Tamil Nadu: Check forecast for Chennai, Coimbatore, Mayiladuthurai, Peravurani and other districts

Chennai Weather: Tamil Nadu is experiencing a mixed summer with heat and humidity in coastal areas, while western and southern districts are seeing thunderstorms and rain. Scattered showers are also possible in delta regions. While no widespread extreme weather is forecast, localized heavy rain may occur.

9 May 2026 7:50 am
Tamil Nadu: VCK's X handle suspended amid TVK attempting coalition govt

Viduthalai Chiruthaigal Katchi's (VCK) X account was suspended for violating rules, following a purported post supporting Tamilaga Vettri Kazhagam (TVK) in forming a coalition government. TVK, led by Vijay, secured support from smaller parties, including CPI, CPI(M), and Congress, to reach the required majority in the Tamil Nadu Assembly.

9 May 2026 7:49 am
Govt appoints Lt Gen N S Raja Subramani as next Chief of Defence Staff

Lieutenant General N S Raja Subramani (Retd.) has been appointed as the next Chief of Defence Staff (CDS), effective from his assumption of charge. He will also serve as Secretary to the Government of India in the Department of Military Affairs. Lt Gen Raja Subramani previously held the position of Military Adviser at the National Security Council Secretariat.

9 May 2026 6:54 am