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The Latest Breaking News from The Economic Times

Oil slide anchors India 10-year yield at 3-month low

Indian government bond yields dipped to a three-month low on Tuesday, buoyed by easing oil prices and receding geopolitical tensions. The benchmark 10-year note closed lower as market anxiety subsided. Analysts anticipate yields to remain within a narrow band this week. Meanwhile, anticipation builds for a potential inclusion in a…

The Economic Times

IRCTC Chairman and MD Sanjay Kumar Jain quits; Railways set to appoint interim chief

Sanjay Kumar Jain's resignation as IRCTC Chairman and Managing Director has been approved by the Ministry of Railways, effective July 20, 2026. The public sector undertaking confirmed this development in a regulatory filing. The Ministry conveyed its approval through a letter dated June 22, 2026. Details regarding the additional charge…

The Economic Times

Honasa Consumer to acquire majority stake in Fluence Pharma at Rs 135-crore valuation

Honasa Consumer has secured a majority stake in Mumbai's hair therapy brand Fluence Pharma for Rs 135 crore. This move marks the company's second acquisition in under a year, following its purchase of Reginald Men in December.

The Economic Times

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What to know about World Cup tiebreakers and how teams can advance to the knockout phase

The World Cup's expanded 48-team format introduces a new qualification pathway. Beyond the top two in each of the 12 groups, eight best third-placed teams will advance to a round of 32 knockout stage. For the first time, head-to-head results will be the primary tiebreaker, followed by goal difference and…

The Economic Times

India trashes Pakistan defence minister's remarks on Kashmir

India on Tuesday rejected Pakistan Defence Minister Khawaja Asif’s remarks on Jammu and Kashmir, calling them an attempt to divert attention from Islamabad’s internal issues. External Affairs Ministry spokesperson Randhir Jaiswal said Pakistan was trying to “cover-up its own failings” and deflect attention from alleged human rights abuses.

The Economic Times

Quote of the day by Bill Cosby: 'I Don't Know the Key to Success, but the Key to Failure Is Trying to Please Everybody' offers life lesson on decision-making, self confidence, personal relationships

Quote of the day by Bill Cosby offers valuable insight into human behavior and personal growth. Words of Wisdom teaches that universal approval is impossible and that excessive concern for others' opinions can hinder success and happiness. Authenticity, self-confidence, and the courage to make independent decisions are essential qualities for…

The Economic Times

10 stress management lessons from psychology that explain why some people break under pressure while others grow stronger—and the small daily shifts that help you take control back

Stress rarely arrives all at once. It builds quietly through small pressures, daily habits, and unnoticed decisions. Drawing from psychology, resilience research, and timeless wisdom, these 10 stress management lessons reveal why some people crumble under pressure while others emerge stronger, calmer, and more capable.

The Economic Times

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UK tribunal gives go ahead for $4 billion lawsuit against Apple over iCloud services

Britain's competition tribunal has just sanctioned a major £3 billion lawsuit against Apple related to its iCloud service. Led by consumer group Which? , the lawsuit claims that Apple has manipulated its powerful market position, effectively entrapping users. This decision empowers numerous UK iPhone users to seek damages, with the…

The Economic Times

Best Proverb of the Day: “He who cannot dance will say… — Life lessons on perception, responsibility, blame, overcoming excuses, and why you should learn from your mistakes

Best Proverb of the Day highlights the meaning of “He who cannot dance will say, ‘The drum is bad!’” The saying reflects a common aspect of human behavior: the tendency to blame external factors for personal shortcomings, mistakes, or lack of skill. It suggests that when people face failure or…

The Economic Times

You Do Not Need ₹15 Crore to Retire Comfortably: How Bonds Can Build Predictable Retirement Income

Forget the daunting ₹15 crore retirement myth. For a couple retiring in their early 50s with ₹1 lakh monthly expenses, a ₹4-5 crore corpus can suffice. This involves a smart split: bonds for income, index funds for growth, and emergency funds. High-cost cities or premium lifestyles may necessitate ₹8-10 crore.…

The Economic Times

Psychology says people who safeguard the secrets of their siblings aren't selfish: What this behavior reveals about trust and family bonds?

Psychology says people who safeguard the secrets of their siblings aren't simply keeping information hidden. This behavior often reflects trust, loyalty, emotional responsibility, and respect for family relationships. Psychology explains that protecting a sibling's confidence can strengthen long-term bonds when it does not involve harm. Understanding this behavior helps people…

The Economic Times

Sikkim Lottery Result Today (23-06-2026): Check Dear Prestige Tuesday Weekly Lottery Rs 1 crore prize winning number and full list here

Sikkim's Dear Prestige Tuesday Weekly Lottery results for June 23, 2026, are out, with a grand ₹1 Crore prize announced. Participants can now check their tickets for winning numbers across various prize tiers, from ₹120 to ₹10,000. Tickets are priced affordably, with special bumper draws offering higher stakes. Winners are…

The Economic Times

Psychology says people who don't color their gray hair aren't giving up, they may be choosing authenticity over approval

Psychology teaches us that everyday choices often reveal deeper values. The gray hair itself is rarely the real story. Identity is. Authenticity is. Freedom is. For many people, choosing not to color their gray hair is not a sign of giving up but a conscious decision about what matters most…

The Economic Times

Mammootty net worth: How the Malayalam Superstar built a Rs 340 crore fortune through films, real estate and business ventures

Mammootty Padma Bhushan: Malayalam superstar Mammootty's impressive net worth, estimated at ₹340 crore, is a testament to his enduring career. Beyond his ₹10 crore per film earnings, the veteran actor has strategically invested in real estate and diversified into various business ventures. This financial acumen, coupled with his recent Padma…

The Economic Times

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The Economic Times

After 16 years of silence, a WhatsApp message sent by Chennai volunteers found a Jharkhand woman's missing husband and her son, who had been living kilometres away from him, brought him home

A Jharkhand man missing for 16 years was found homeless on the streets of Chennai by a local NGO. Volunteers circulated his photograph through WhatsApp groups, eventually reaching a shopkeeper who recognised him. In a remarkable coincidence, his son was working just kilometres away from where his father had been…

The Economic Times

Quote of the day by Chuck Akre: "Wall Street has this wonderful business about how to create transactions. They set up what we believe are false expectations, and that’s what I call the “beat by a penny, missed by a penny syndrome.”

Chuck Akre criticises Wall Street’s fixation on marginal earnings beats and misses, arguing it fuels short-term trading over meaningful analysis. The piece highlights how quarterly expectations distort investor behaviour and emphasises the importance of focusing on business fundamentals, long-term growth, and intrinsic value rather than penny-level earnings surprises.

The Economic Times

Government looks to start work on Great Nicobar Project from 2028, says Sonowal

The government plans to commence the ambitious Great Nicobar Project by 2028, aiming to establish a strategic maritime and economic hub. Union Minister Sarbananda Sonowal assured that ecological balance, including protecting leatherback sea turtles and coral zones, will be maintained. This comes despite opposition from the Congress, which has raised…

The Economic Times

A legendary river that shaped ancient empires and civilizations may have just revealed its past

Euphrates River origin: Contrary to popular belief, the mighty Euphrates River wasn't always a single entity. New research reveals it began as two colossal ancient waterways, Paleo-Karasu and Paleo-Murat, flowing separately into the Mediterranean Sea around 5.5 million years ago.

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The Economic Times

Alka Yagnik, Rohit Sharma & Mammootty among Padma awardees. Check full list

President Droupadi Murmu presented the Padma Bhushan to veteran actor Mammootty and posthumously to former Jharkhand CM Shibu Soren. Playback singer Alka Yagnik and tennis legend Vijay Amritraj were also honored for their significant contributions. The ceremony recognized distinguished individuals across cinema, public affairs, music, sports, literature, and education, including…

The Economic Times

RBI clarifies FCNR(B) loan, SBLC eligibility under swap scheme

Indian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facility. The central bank clarified that this swap covers only the principal amount of eligible deposits, not interest. This move aims to boost foreign currency inflows by allowing…

The Economic Times

RBI clears loans, SBLCs against FCNR(B) deposits under swap scheme

Banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under the RBI's swap facility. This regulatory clarity from the central bank allows Indian banks, including overseas branches, to lend to non-residents who then place these funds as FCNR(B) deposits, serving as collateral. This…

The Economic Times

India's services exports narrow gap with goods trade as overall trade grows 5.4% in Q4FY26: NITI Aayog

India's trade saw a healthy 5.4% growth in Q4 FY26, driven by robust services exports that significantly boosted the services trade surplus to $60.4 billion. Despite a dip in merchandise exports, the strong performance in services, which are increasingly closing the gap with goods exports, bolstered overall trade figures. India…

The Economic Times

Life lesson quote by Milton Berle: 'If Evolution Really Works, How Come Mothers Only Have Two Hands?' pays befitting tribute to mothers who are silent pillars of society

Life lesson quote of the day by Milton Berle is a tribute to the extraordinary dedication, strength, and versatility of mothers. Through humor, the quote acknowledges the countless responsibilities mothers manage and the profound impact they have on the lives of others. Mothers perform many roles simultaneously, often with remarkable…

The Economic Times

"In a category of his own": Ibrahimovic hails Messi after Argentina icon breaks FIFA WC goals record

Football legend Zlatan Ibrahimovic has lauded Lionel Messi's record-breaking FIFA World Cup goal tally, declaring the Argentinian ace in a league of his own. Messi's recent brace propelled him past Miroslav Klose, cementing his status as the all-time top scorer. Ibrahimovic emphasized Messi's unparalleled longevity and complete body of work,…

The Economic Times

AI will amplify IT services demand, not replace it: Infosys chairman Nandan Nilekani

Infosys is aggressively pursuing the AI-first services market, projecting a $300-400 billion opportunity by 2030. Chairman Nandan Nilekani emphasised AI will amplify, not replace, IT services, with 90% of top clients already engaged. Meanwhile, CEO Salil Parekh confirmed AI services contributed $1 billion to FY26 revenue, growing rapidly.

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