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The Latest Breaking News from The Economic Times

US opens probe into fatal Tesla crash into Texas home

A US agency is probing a fatal Tesla crash in Texas where an elderly woman died. The vehicle reportedly used advanced driver assistance systems. This incident adds to nearly 50 similar investigations involving Teslas since 2016, with numerous deaths reported. Tesla CEO Elon Musk disputed claims about the crash's speed,…

The Economic Times

Jivial Industries IPO opens for bidding. Check GMP, price band, subscription and other details

The BSE SME issue closed on June 25, while the shares are scheduled to list on July 1. The IPO is priced at Rs 196 per share and comprises a combination of a fresh issue worth Rs 26.65 crore and an offer for sale (OFS) of Rs 5.34 crore, taking…

The Economic Times

Waterways Leisure Tourism IPO opens for subscription. Should you subscribe?

Waterways Leisure Tourism, operator of Cordelia Cruises, is launching its IPO on June 23, aiming to raise Rs 585 crore. The company, India's leading domestic cruise operator, plans to use funds for fleet expansion and vessel acquisition. Despite a dominant market share, a low grey market premium suggests modest listing…

The Economic Times

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Shreedhar Spinners IPO: Check GMP, subscription, price band and other details

The NSE SME issue will remain open for bidding till June 25. The company aims to raise Rs 30.68 crore through an entirely fresh issue of 57.88 lakh shares. The price band has been fixed at Rs 51-53 per share, and the shares are scheduled to list on the NSE…

The Economic Times

FIFA World Cup 2026: Who won yesterday's matches?

Egypt made history with their maiden World Cup win, a 3-1 triumph over New Zealand, while Argentina and France solidified their knockout stage berths with dominant performances. Norway secured a thrilling 3-2 victory against Senegal, boosting their progression hopes. Meanwhile, Belgium and Iran played out a goalless draw, and Uruguay…

The Economic Times

Dollar firms on hawkish Fed bets, oil rebound; yen near 40-year low

The US dollar strengthened Tuesday, driven by expectations of a more aggressive Federal Reserve and a rebound in oil prices. Elevated US Treasury yields are also bolstering the greenback. Meanwhile, the Japanese yen is nearing a four-decade low, prompting concerns and discussions about potential intervention. Other major currencies like the…

The Economic Times

Meta to pause internal mouse-tracking tech while examining data security issues

The company's announcement follows revelations that sensitive employee data, intended to monitor ‌digital interactions within ⁠Meta's ⁠internal systems, was accessible to all Meta staffers, according to documents reviewed by Reuters.

The Economic Times

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Advit Jewels IPO opens: Check brokerage review, GMP, subscription and other details

Advit Jewels' IPO opened with significant investor enthusiasm, evidenced by a 40% grey market premium. The Jaipur-based jewellery maker aims to raise Rs 165 crore through a fresh issue to fund working capital and debt repayment. With strong revenue and profit growth, and a positive analyst rating, the company is…

The Economic Times

Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoption

AI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in response to various factors, including management and ⁠product changes, performance ‌issues, strategic shifts and acquisitions.

The Economic Times

India issues first response after explosion at Qatar’s Ras Laffan kills 12 Indians

India's External Affairs Minister, Dr. S. Jaishankar, expressed deep sorrow following an explosion at Qatar's Ras Laffan Industrial City that claimed the lives of twelve Indian nationals. The Indian Embassy is actively engaged with Qatari officials and is providing support to the families affected by this devastating incident. The blast…

The Economic Times

Oil Price Today (June 23): Crude oil near $78 per barrel as investors track flows through Hormuz. What’s next?

Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel, while U.S. West Texas Intermediate gained 33 cents, or 0.46%, to $74.19 a barrel as of 0026 GMT.

The Economic Times

Bajaj Auto buyback alert! Last day to buy shares to participate in firm's biggest-ever buyback worth Rs 5,633 crore

Bajaj Auto fixed June 24 (Wednesday) as the record date for its Rs 5,633 crore share buyback. Only those shareholders who own the shares of the company in their demat accounts as on the record date will be eligible to tender shares.

The Economic Times

FIFA World Cup standings: Six teams advance into Round of 32; check who could qualify next

The FIFA World Cup 2026 group stage is heating up, with Germany, USA, and Mexico already securing knockout berths. Many other nations are on the cusp of qualification, while some face an uphill battle. Exciting contests are unfolding across various groups, promising a thrilling race for the remaining spots in…

The Economic Times

Bonus bonanza! Last day to buy these two stocks for 10:1 & 5:1 bonus rewards. Do you own?

Only shareholders who hold the shares in their demat accounts as of Wednesday will be eligible to receive the bonus shares

The Economic Times

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The Economic Times

White House set to host weapons makers as US defence stockpile worry grows

The White House is convening defense contractors this week to ramp up munitions production, as stockpiles are strained by the ongoing conflict with Iran. President Trump confirmed the meeting, highlighting efforts to boost weapon manufacturing, including by auto companies like General Motors.

The Economic Times

Kunal Shah heads to Meta; New-age IPO playbook

Happy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Starmer leaves No. 10 without ever managing to explain what he stood for

Keir Starmer's premiership ended abruptly, overshadowed by Donald Trump's pronouncements. Despite a significant election victory, Starmer struggled with economic challenges and the rise of Nigel Farage's Reform UK. Key policy missteps on public services and taxation alienated MPs and voters. Immigration and energy proved particularly difficult issues, contributing to his…

The Economic Times

Gold steady as investors focus on US-Iran peace talks

Gold prices held steady as U.S.-Iran peace talks progressed, offering a glimmer of regional stability. However, escalating expectations of a December Federal Reserve interest rate hike cast a shadow over the precious metal. Traders are now betting heavily on a rate increase, influencing market sentiment. Other precious metals saw mixed…

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The Economic Times

Are your moral views just a lie? A psychology professor explains the science behind our changing values and beliefs

Our moral compasses aren't as rigid as we think, according to Audun Dahl's research. He argues that shifts in our ethical beliefs stem from encountering new reasons, not just selfishness or fickleness. These changes arise from developing new moral concerns, connecting existing values to fresh issues, or rebalancing competing principles.…

The Economic Times

US Stocks: GIFT City or traditional broker? Before you start overseas investing, know which route saves you more in taxes, costs, and hassle

Indians now have easier access to global markets through direct overseas investing or GIFT City. Direct investing offers wider choices and lower entry barriers, ideal for hands-on investors with smaller sums. GIFT City provides a structured, convenient route with higher initial investment, suitable for those seeking a managed approach to…

The Economic Times

Pentagon seeks $80 billion from Congress for Iran war

The Pentagon is seeking an additional $80 billion, primarily for the ongoing conflict with Iran, adding to President Trump's substantial defense spending proposals. This request faces skepticism from lawmakers concerned about the war's justification and the high cost of living for Americans. While some Republicans see it as an investment…

The Economic Times

Dalal Street set for a firm opening as GIFT Nifty trades higher

Indian markets surged on Monday, with the Nifty closing higher, buoyed by positive US-Iran talks, falling crude prices, and strong global sentiment. Value buying in IT stocks and reduced market volatility also contributed to the rally. Analysts anticipate a continued positive outlook for Indian equities, driven by ongoing diplomatic progress…

The Economic Times

Stocks in news: TCS, JSW Infra, Craftsman Automation, IIFL Finance, Transrail Lighting

Indian markets showed a positive trend on Monday, recovering some of Friday's dips, buoyed by global sentiment and strong performance in the banking sector. Several companies are making headlines: JSW Infrastructure is raising funds for expansion, TCS will announce its quarterly results and a potential interim dividend, and Craftsman Automation's…

The Economic Times

Global Market Today: Asian stocks dip at open as oil edges higher

Asian markets opened lower as oil prices inched up, with investors closely monitoring US-Iran peace talks. Despite positive initial reports on negotiations, conflicting statements from both sides have created uncertainty. Concerns are also mounting over the sustainability of the AI rally, with significant drops in tech stocks like SpaceX, as…

The Economic Times

Jio and NSE mega IPOs will test jittery retail investors

India anticipates two massive IPOs: the National Stock Exchange and Mukesh Ambani's Jio Platforms. Local investor sentiment is crucial, especially after a sluggish market and a depreciating rupee. While both companies boast strong market positions, Jio's fresh capital raise contrasts with the NSE's offer-for-sale. The success of these listings hinges…

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