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The Latest Breaking News from The Economic Times

US bond yields back to 'normal'; AI needs a reality check, says Ed Yardeni

Veteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as healthy market adjustments, not crisis signals. He believes bond yields are returning to normal levels and AI stock valuations are undergoing a realistic reassessment. Despite a hawkish Fed stance, Yardeni anticipates only one…

The Economic Times

Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefits

The "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, including exemptions on gratuity, commuted pension and leave encashment, as well as deductions for employer contributions to NPS, potentially leading to incorrect tax computation and compliance issues.

The Economic Times

Tax reforms to play vital role in attracting global capital to India: Experts

India's economic ascent hinges on predictable and simplified tax reforms to attract global capital, according to a senior financial expert. The proposed Income Tax Code aims for a modern, user-friendly framework, aligning with international standards. The ICAI Singapore Chapter highlighted strides in transparent, tech-driven tax administration, boosting India's appeal as…

The Economic Times

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Can me and my wife claim LTCG tax exemption on gains from residential property sold in 2025?

ET Wealth Reader's Query: In 2025, I sold a residential property, which was purchased in 2008 in the joint names of my wife and I. However, my wife did not contribute financially to the purchase. I would like to know if both of us can claim long-term capital gains tax…

The Economic Times

Angelina Jolie admits she's been single for 10 years after Brad Pitt split: 'Life has broken me a little bit'

Angelina Jolie has revealed she hasn't dated since her divorce from Brad Pitt nearly a decade ago, prioritizing her six children. Her new film, *Couture*, prompted reflection on love and identity. Jolie feels a desire to live more freely again, inspired by her daughters' strength. Meanwhile, Brad Pitt is reportedly…

The Economic Times

US proposes 75% hike in citizenship application fee, ends fee waivers for naturalisation seekers

US Homeland Security is proposing a significant hike in naturalisation application fees, with Form N-400 potentially rising by 75% to $1,330. This plan also removes reduced-fee options and fee waivers for many applicants. The department states these changes aim to cover processing costs across the immigration system. The proposal is…

The Economic Times

Kirloskar Oil Engines shares up 36% in 2 days. Should you buy or sell?

Kirloskar Oil Engines shares surged nearly 36% in two sessions after securing a 192 MW data centre order from HyperNext. Brokerages remain bullish, citing capex-led growth and strong demand from AI and cloud infrastructure, although current market price has already surpassed most target valuations.

The Economic Times

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A tax-law argument could make or break Trump's H-1B $100,000 plan

A US court blocked a $100,000 H-1B visa fee, deeming it an unconstitutional tax imposed by presidential authority without congressional approval. The Trump administration is appealing, arguing it's a lawful immigration restriction. This legal battle tests presidential power versus Congress's taxing authority, with significant implications for skilled immigration and attracting…

The Economic Times

Madhusudan Kela-backed firm picks stake in SME stock Yash Highvoltage via preferential issue

Yash Highvoltage shares surged after ace investor Madhusudan Kela's firm bought nearly 14,000 shares. The company's board approved a preferential issue of up to Rs 151 crore to fund expansion, including enhancing its Resin-Impregnated Paper bushing manufacturing to 550 kV. This strategic move aims to bolster its position in the…

The Economic Times

Luck isn't chance: Stanford professor who spent 20 years studying luck reveals 3 habits that make people 'luckier'

Stanford professor Tina Seelig reveals luck isn't random but cultivated. She advises stepping outside comfort zones, like striking up conversations, to create opportunities. Expressing gratitude, even for rejections, can open unexpected doors. Seelig also stresses embracing unconventional ideas, as innovation often stems from initially dismissed concepts. By taking small risks,…

The Economic Times

Oil may stay above pre-conflict levels; OMCs and gas stocks could see further upside: Probal Sen

Geopolitical easing may cool crude oil prices, but a return to pre-conflict levels remains unlikely soon. Experts suggest shipping disruptions and elevated insurance costs will keep prices elevated. While optimism is priced in, uncertainty persists, potentially leading to further volatility. Oil marketing companies may see earnings improve, while upstream firms…

The Economic Times

India welcomes US-Iran peace deal, NSA Doval says pact brings 'cautious optimism'

India's National Security Advisor Ajit Doval expressed cautious optimism regarding the US-Iran MOU, anticipating it will bolster energy security and ease supply chain issues for crucial goods like fertilisers. He highlighted the positive implications for freedom of navigation in the Strait of Hormuz, predicting a significant boost to regional and…

The Economic Times

Tata Sierra EV teased with QWD dual motor setup; Check expected powertrain, interior & rivals

Tata Sierra EV AWD confirmed: Tata Motors has teased the Sierra EV ahead of its June 30 debut, confirming that the electric SUV will get a dual-motor all-wheel-drive setup. The model is expected to use the Harrier EV’s acti.ev+ architecture and may come with 65kWh and 75kWh battery options, with…

The Economic Times

Assam HSLC Compartment Result 2026: ASSEB class 10th result today at sebaonline.org; check direct link and steps to download your scorecards

Assam HSLC Compartment Result 2026: Assam's Class 10 compartment exam results are out today, June 23, at 11 am. Students who took the supplementary HSLC exams can check their subject-wise marks and qualifying status on sebaonline.org. This crucial announcement offers a second chance for students to secure their Class 10…

The Economic Times

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How deduction of 19 marks in English led to Avni Kejriwal questioning CBSE marking and later making her 'national' topper with 500/500

A Ranchi commerce student, Avni Kejriwal, has achieved a perfect 500/500 in CBSE Class 12 exams after re-evaluation. Initially scoring over 92%, her marks were revised following scrutiny of English and Business Studies papers, adding 24 marks. The remarkable feat, especially in English, has sparked widespread online discussion and congratulations,…

The Economic Times

Two children die in France as heatwave blasts Europe

Two children were found dead in a car in France on Monday, believed casualties of a heatwave piling record temperatures and health warnings across much of Europe. The youngsters, aged two and four, were found in their family car in a residential parking lot in the southern town of Carpentras,…

The Economic Times

Smiles, fries & air-fryers: Why Canadian food giant McCain is bullish on India’s snacking boom

Consumers are embracing global and local flavours, driving innovation in products like fries and premium appetisers. McCain is actively addressing perceptions of frozen foods, focusing on education and the positive in-home experience, while also investing in a robust farm-to-fork ecosystem.

The Economic Times

Dilip Ghosh calls TMC a 'Drama Party', questions Mamata Banerjee's leadership

West Bengal minister Dilip Ghosh slammed the Trinamool Congress, calling it a "circus party" amidst internal leadership questions. He criticized the TMC's decision-making and stated the government serves all sections of society, urging Muslims to avoid the party. Ghosh contrasted the TMC's alleged failures with the Modi government's direct welfare…

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The Economic Times

India's June private sector growth slips to three-month low as demand, confidence cool, PMI shows

India's private sector growth slowed in June, hitting a three-month low as weaker demand impacted both factories and services. Business confidence dipped to its lowest since January. While cost pressures eased, firms faced challenges with new orders and exports. Job creation also saw its weakest gain in six months, reflecting…

The Economic Times

Google restores Telegram on Playstore, app starts functioning for some users

The government had temporarily imposed a blanket ban on Telegram until June 22 and sources indicated that there is no change or extension of timelines in the order.

The Economic Times

Cruise tourism can be a major multiplier for India’s travel and MSME sectors

India’s cruise tourism sector is sailing into a new phase of growth, creating opportunities for MSMEs across travel, hospitality, logistics, and destination services.

The Economic Times

India's defence export boom could hit ₹65,000 crore by 2030; pvt sector startups the real play: Sunil Subramaniam

India's defence exports are poised to surpass government targets, reaching ₹60,000-65,000 crore by 2030, according to market expert Sunil Subramaniam. He advises investors to look beyond the Nifty Defence Index, highlighting the private sector's innovation in drones and UAVs, especially with demand from Gulf nations. Subramaniam also points to upcoming…

The Economic Times

Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAA

The Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ payments from his Indian employer due to his overseas work, then this payment is not taxable under Article 16 of India-UK Double Tax Avoidance Treaty (DTAA).

The Economic Times

Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAA

The Economic Times

Burnout, humiliation, and no boundaries: Viral post lists 3 toxic workplace habits that have been normalised for too long

Career coach Vijay Chandola, an IIM alumnus, has identified three common Indian office habits that need to be challenged: glorifying burnout, aggressive and disrespectful behavior, and a disregard for personal boundaries. His viral post asserts that these normalized practices are detrimental, urging employees to expect and demand better workplace environments.…

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