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The Latest Breaking News from The Economic Times

Defence valuations 'obnoxious'; private banks look strong: Sandip Sabharwal's full market playbook

Investor Sandip Sabharwal cautions that while the defence rally is real, many stock prices have outpaced reality. He favors Bharat Electronics but finds many small-cap defence stocks "obnoxious." Pharma offers decent but unexciting prospects. Sabharwal is constructive on private banks, anticipating accelerated growth. IT valuations are attractive but lack clear…

The Economic Times

Akasa Air eyes 30% capacity growth in FY27

Akasa Air is set for a significant 30% capacity expansion this financial year, with ambitious long-term plans remaining steadfast despite geopolitical uncertainties. The airline, operating 39 Boeing 737 MAX aircraft, currently dedicates about a quarter of its capacity to international routes. With a focus on strong capitalization, Akasa Air is…

The Economic Times

Consistent performers: 6 equity mutual funds deliver over 20% CAGR in 3- and 5-year horizons

Six equity mutual funds have delivered over 20% CAGR in both three- and five-year horizons, an ETMutualFunds analysis showed. The list includes mid cap and small cap schemes from HDFC, Nippon India, Quant, Bandhan and Invesco, highlighting consistent long-term performance across categories despite market volatility.

The Economic Times

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Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO says

Kotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel growth. CEO Ashok Vaswani aims for the bank to become India's third-largest private lender by profit. The bank is also investing heavily in technology and AI to enhance efficiency, expecting workforce…

The Economic Times

IBM partners with OpenAI on enterprise security AI

IBM joined the OpenAI Daybreak Cyber Partner Program and is collaborating with the startup to integrate protective AI tools directly into business operations, helping companies identify and minimize their security risks.

The Economic Times

How Brexit broke British politics

A decade after the UK voted to leave the EU, the nation grapples with fractured politics and a sluggish economy. Brexit's promises of control have yielded complex realities, leading to frequent leadership changes and deep divisions. While the immediate headlines have faded, the 'subterranean trace of Brexit' continues to shape…

The Economic Times

Japan's Nikkei slides to one-week low as profit-taking hits tech stocks

Japan's Nikkei index tumbled to a one-week low after a streak of all-time high gains, as investors decided to cash in on profits. The pullback was broad-based, primarily driven by declining AI and semiconductor stocks that had previously led the surge. Analysts warn the market was overheating, hinting at an…

The Economic Times

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Rejected on Indian Idol, now a voice for A.R. Rahman: Meet Deepali Sahay, the singer behind ‘Tere Paas Main’ from Imtiaz Ali’s ‘Main Vaapas Aaunga’

Nineteen years after her Indian Idol journey, Deepali Sahay's voice now resonates with millions, fulfilling a judge's prophecy. Despite not winning the competition, her unwavering passion led her to explore acting and direction, eventually becoming a household name in Bihar. However, her true calling remained singing, where she revitalized Bhojpuri…

The Economic Times

Chinese tech, investments welcome, but trade opening needs caution: CII President

Chinese investments and technology are welcome in India, but a cautious approach is needed for trade, according to CII President R Mukundan. He emphasized reducing import dependence on China and boosting domestic manufacturing. Mukundan also highlighted potential collaborations in battery storage and semiconductor chemicals. Regarding the US, he stressed the…

The Economic Times

Delhi High Court reaffirms AITA General Body's authority in constitutional amendments

The Delhi High Court has asserted the All India Tennis Association's General Body's ultimate authority in amending its constitution. Proposed changes will now undergo clause-by-clause deliberation and voting by members. This interim order, while modifying a previous ruling, upholds the democratic process for constitutional reforms and upcoming elections, ensuring AITA's…

The Economic Times

Piyush Goyal, US Trade Representative Jamieson Greer begin talks on trade pact

India and the US are in high-level talks to finalize the first phase of their bilateral trade agreement. Commerce Minister Piyush Goyal met with US Trade Representative Jamieson Greer to iron out details, aiming to give a final touch to the framework deal. Both nations are working to close open…

The Economic Times

LiLLBUD raises Rs 6 crore seed round led by Zeropearl VC

Addressing a critical gap for safe, science-backed developmental toys in India, LiLLBUD prioritizes BIS certification to combat the prevalence of uncertified, potentially harmful products.

The Economic Times

A red alert over France, and heat that may rewrite the record books

France is grappling with an intense and early summer heatwave, with millions sweltering under record-breaking temperatures. Fifty-four departments are under a red alert as schools, transport, and events face disruption. Tragically, at least 20 drowning deaths have occurred since the weekend. This extreme weather is linked to human-caused climate change,…

The Economic Times

Coke, Pepsi, Red Bull to add QR codes linking to ingredient information in US

Major beverage companies are now placing QR codes on their products across the US, offering consumers direct access to detailed ingredient information. This industry-wide initiative, spearheaded by the American Beverage Association, aims to boost transparency and address growing consumer demand for clarity on what's in their drinks.

The Economic Times

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He made cooking safe for all Indian, gave away his business patent for free: Meet Padma awardee Prestige cooker owner TT Jagganth who turned a near-bankrupt firm into one of most recognised cookware

Late industrialist T. T. Jagannathan, the visionary behind the Gasket Release System that revolutionized pressure cooker safety, will be honored with a posthumous Padma Award. His groundbreaking innovation, freely shared with the industry, enhanced safety for millions. Jagannathan also transformed TT Limited into a billion-dollar enterprise, earning him the title…

The Economic Times

In 1925, inventor created bizarre 'Isolator' helmet that promised superhuman focus and came with its own oxygen supply

Imagine a giant wooden helmet from 1925, designed to block out noise and visual distractions for ultimate focus. Inventor Hugo Gernsback's "The Isolator" even pumped in oxygen to combat sleepiness. While it looked like science fiction and was impractical, this bizarre contraption highlights a timeless struggle for concentration. Today's productivity…

The Economic Times

Mother sold her jewellery to buy me cricket kit: Kranti Gaud wants to win T20 World Cup repay family

Indian pacer Kranti Gaud, a regular in the national team, remains grounded, cherishing her parents' sacrifices, including her mother selling jewellery for her cricket kit. Now aiming to make them proud at the T20 World Cup, Gaud's journey has inspired a cricket academy in her village, empowering young girls to…

The Economic Times

Waterways Leisure Tourism IPO sees a slow response on Day 1 so far. Should you subscribe?

Waterways Leisure Tourism’s IPO opened to a muted response, with subscription at 7% on Day 1 and weak institutional participation. While the company benefits from leadership in India’s cruise market and expansion plans, subdued grey market signals and execution risks have kept investor enthusiasm measured.

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The Economic Times

Did a casual stroll lead to one of archaeology's greatest finds? The truth behind the viral claim

A viral claim about Ryszard Kapuscinski discovering early Homo skulls at Dmanisi in 1989 is debunked by scientific evidence. The site's significance stems from systematic excavations beginning in 1991, which unearthed a crucial lower jawbone, followed by famous skulls. These discoveries, dating back nearly two million years, have reshaped our…

The Economic Times

Chalo Delhi NCR! Adani or Sobha, India's biggest developers are heading to the national capital region

India's national developers are significantly boosting their presence in Delhi-NCR's housing market, capturing over 13% of new supply by 2025, a jump from just 3% in 2022. Homebuyers increasingly favor established brands and large listed builders, driving this shift. This trend signals a more institutionalized and brand-driven NCR housing sector,…

The Economic Times

Nagaland Lottery Sambad result out today (23-06-2026); check Rs 1 crore prize winning number and full list here

Nagaland State Lottery Sambad Dear Tuesday Weekly draw results for 23 June 2026 have been officially declared. Ticket holder of 93B 08920 wins the Rs 1 crore first prize today. Full list of winning numbers here.

The Economic Times

Studying in Germany? Here's when international students can skip statutory health insurance

International students in Germany can now apply for an exemption from mandatory statutory health insurance if they possess qualifying coverage from their home country, the EU, UK, or eligible private plans. This exemption, however, does not waive the requirement for health coverage throughout their stay. Students must act swiftly, ideally…

The Economic Times

Auto OEM vehicle launches delayed by 9-15 months despite digital investments: Study

Indian carmakers are facing significant delays, averaging 9-15 months, in launching new vehicles despite heavy investment in digital tools. A new study reveals most issues stem from the design phase, where early digital resolution could save time and money. Problems often surface late in physical builds, with experts suggesting a…

The Economic Times

Mamata Banerjee tightens grip over TMC as party files fresh leadership list with EC

The Trinamool Congress is facing an internal revolt, prompting Mamata Banerjee's faction to submit a new list of office bearers to the Election Commission, solidifying her leadership. A breakaway group, claiming significant support, has declared its own parallel committee, citing the expiry of the previous one. Loyalists have vehemently dismissed…

The Economic Times

CJP announces 'diaper donation drive,' alleges police attempt to shrink protest site

The Cockroach Janta Party (CJP) is intensifying its protest demanding the Union Education Minister's resignation over alleged NEET-UG paper leaks. They've launched a "diaper donation drive" at Jantar Mantar, urging supporters to write their demands on diapers. The party also alleges police attempted to shrink their protest space. Students and…

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