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The Latest Breaking News from The Economic Times

IPO-bound Laxyo expands operations in Africa; bags Rs 200-crore order in Zambia

Indore-based Laxyo Ltd has significantly expanded its global footprint by securing a substantial Rs 200-crore raise-boring contract in Zambia. This marks the company's inaugural overseas project in this specialized mining technique, contributing significantly to its order book. The move positions Laxyo among international industry leaders and is a key step…

The Economic Times

Daughters stayed home, sons left: That was the rule in a 9,000-year-old Turkish village, says a 2025 Science paper that sequenced 131 ancient skeletons

Ancient DNA from 9,000-year-old Çatalhöyük reveals a surprising social structure. Contrary to common assumptions, men appear to have moved into their wives' homes, with family identity traced through the maternal line. This groundbreaking study challenges long-held beliefs about early human societies and suggests a more complex picture of gender roles…

The Economic Times

Rupee snaps six-session winning streak as firmer dollar pinches

The Indian rupee slipped on Monday, snapping its six-day upward trend due to the strengthening dollar worldwide. While falling oil prices eased some apprehensions related to conflicts, the Federal Reserve's assertive monetary policy continues to support the dollar. Consequently, traders are bracing for further upticks in U.S. interest rates, which…

The Economic Times

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India imposes anti-dumping duty on chemical imported from China, EU, US

India has slapped a five-year anti-dumping duty on a key chemical used in rubber and tyre manufacturing, imported from China, the EU, and the US. This move follows a recommendation by the Directorate General of Trade Remedies, citing dumped imports causing material injury to domestic producers. Additional duties have also…

The Economic Times

'Pushpa 2' stampede: Allu Arjun appears before court virtually, matter posted to July 6

Actor Allu Arjun virtually appeared before a Hyderabad court regarding a stampede incident during the 'Pushpa 2' premiere in December 2024, which led to a woman's death. Summoned along with 22 others, Arjun's presence was marked. The case, involving theatre management and his security, was registered after the tragic event.…

The Economic Times

'Politics above students' interests': BJP on Bengaluru aspirants missing NEET-UG due to Congress rally

The BJP has criticized the Congress, alleging that a party rally in Bengaluru caused traffic disruptions, preventing several NEET-UG aspirants from reaching their exam centers. BJP spokesperson Sudhanshu Trivedi stated this demonstrates the Congress prioritizes politics over students' futures, contrasting it with Prime Minister Modi's efforts to ensure exam candidates…

The Economic Times

Banks to be closed for 3 consecutive days this week: Check if your state is on the list

Bank holidays: Several Indian states and union territories will experience a three-day bank closure this week, from Friday, June 26th to Sunday, June 28th, 2026. This extended holiday is due to Muharram on Friday, followed by the fourth Saturday and Sunday.

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AI to manage AI? Claude creator says prompt engineering is ending too, just like software engineering. Reveals what's next

The AI landscape is shifting as experts predict the decline of prompt engineering. Instead, "loop engineering" is emerging, where AI agents autonomously manage and refine prompts to achieve human-defined goals. This signifies a move towards AI acting as a co-worker, requiring human supervision rather than direct instruction. While promising efficiency,…

The Economic Times

Andhra allocates Rs 800 cr for development of 692 neglected ancient temples

Andhra Pradesh's Endowments Minister announced a significant Rs 800 crore allocation for the development of 692 neglected ancient temples under the 'Sarvasreyonidhi' scheme. The state also plans 5,000 'Srivani Bhajan Mandirs' and has doubled the annual budget for temple rituals. Blockchain technology is being used to digitize temple lands, and…

The Economic Times

India need to improve field-goal conversion, says Marijne after Nations Cup triumph

India's women's hockey team secured promotion back to the FIH Pro League by winning the Nations Cup, defeating hosts New Zealand 2-0 in the final. Coach Sjoerd Marijne praised the team's defense and penalty-corner conversion but stressed the need to improve field-goal efficiency. Captain Salima Tete highlighted the victory as…

The Economic Times

How international students can apply for a Germany student visa

Aspiring Indian students eyeing German universities must navigate a detailed visa and residence permit process. Key requirements include proof of admission, language proficiency, and substantial financial backing, often through a blocked account. While some nationalities can apply for permits upon arrival, most non-EU students need a visa beforehand. Early application…

The Economic Times

Work from home? For FIFA World Cup, even JPMorgan says yes

The FIFA World Cup is unexpectedly granting office workers a reprieve from commutes, with many employers in host cities encouraging remote work to bypass anticipated traffic chaos. From Wall Street to federal agencies, companies are pausing return-to-office mandates, recognizing that avoiding gridlock is a prime example of remote work's utility.…

The Economic Times

Dubai to issue new public behaviour guidelines. What should tourists know

Dubai is set to formalize public conduct with new guidelines, aiming to bolster its image as a highly civilized global city. The Dubai Civility Committee unveiled a guidebook for public spaces and rules for celebrations, emphasizing community values and social responsibility. These initiatives are part of a broader strategy to…

The Economic Times

Nayara Energy crosses 7,000 petrol pumps in India

Nayara Energy, backed by Russia's Rosneft, has surpassed 7,000 petrol pumps nationwide, solidifying its status as India's leading private fuel retailer. The company has rapidly expanded its network, adding over 500 outlets in just 18 months, with a significant presence in rural areas. This growth not only enhances fuel accessibility…

The Economic Times

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The Economic Times

Petrol, diesel margins back to above pre-conflict levels: Report

State-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government excise duty cuts have aided this recovery, rising debt levels and potential tax increases pose risks to long-term earnings. Analysts anticipate better performance from the second quarter onwards, especially if oil…

The Economic Times

OpenAI alumnus Shyamal Anadkat returns to India, teases AI venture

Calling the current AI wave a "once in a generation opportunity", former OpenAI executive Shyamal Hitesh Anadkat has returned to India, and hinted that he plans to start a new AI venture.

The Economic Times

Warsh Fed era heralds a new trial for Asian currencies

New Federal Reserve chief Kevin Warsh's hawkish stance on inflation has surprised markets, signaling a stronger dollar. This poses a challenge for Asian economies reliant on exports, forcing nations like Japan, Indonesia, and India to intervene in currency markets and raise borrowing costs. While the dollar's strength is a global…

The Economic Times

Nihang-admin standoff continues at Uttarakhand gurudwara; Army deployed

A tense 40-hour standoff persists in Rudraprayag, Uttarakhand, where armed Nihangs are holding a Sikh devotee hostage at a gurudwara. Army troops have reached Nagrasu as police and ITBP personnel maintain their positions. The group is demanding the release of four sect members arrested after a June 16 clash in…

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The Economic Times

House of the Dragon Season 3 premiere explained: New character, shocking deaths, the Antlered Man, and the mystery of the Isle of Faces

House of the Dragon's latest episode unveiled the mysterious Isle of Faces, a sacred Westerosi site where the First Men and Children of the Forest forged peace. A fleeting glimpse of an antlered figure, likely a legendary Green Man, has ignited fan theories. This reveal, referencing George R.R. Martin's lore,…

The Economic Times

Leadership excellence and strategic decision-making: The leadership advantage in an age of constant disruption

For decades, professional success was built on expertise. The executive who understood the market better than competitors held influence. The leader with deep functional knowledge became indispensable. Organisations rewarded experience because information was scarce, insights were difficult to uncover, and expertise created sustainable advantage.

The Economic Times

Will Amber Enterprises shares rally in the near term after Oppo deal? Here’s what Nuvama, other brokerages say

Amber Enterprises’ partnership with Oppo has drawn mixed brokerage views, with Nuvama and PL Capital bullish on growth and diversification benefits, while JM Financial remains cautious due to margin pressures and competition. The deal marks Amber’s entry into smartphone manufacturing, with investors closely watching execution and near-term stock movement.

The Economic Times

Best proverb of the day: 'Happiness is not something ready-made. It comes from...' What this powerful quote means, and what you may need to change in your daily life to feel truly happy

Forget waiting for happiness to arrive; it's crafted through your daily deeds. This powerful idea challenges the notion that happiness stems from future achievements or external possessions. Instead, it emphasizes that contentment is built through consistent small actions, gratitude, helping others, and living with purpose. True joy blossoms from within,…

The Economic Times

Rs 9,500 for 20 minutes to fix a door: Indian woman in US gives reality check on skilled workers’ earnings

An Indian woman in the US shared her experience of paying $100 for a 20-minute garage door repair, highlighting the high value placed on skilled labor abroad. She emphasized that in America, practical skills, not just degrees, lead to good earnings and respect, with tradespeople enjoying a comfortable lifestyle and…

The Economic Times

Indian Railways approves Kavach deployment worth Rs 270 crore on 631 route kms

Indian Railways has approved the installation of Kavach, an indigenous automatic train protection system, on 631 route kilometers of East Coast Railway for Rs 270 crore. This move aims to significantly boost railway safety by preventing collisions and over-speeding. The expansion covers crucial sections in Odisha and neighboring areas, enhancing…

The Economic Times

FIFA World Cup 2026: Messi eyes more records as Argentina prepare for Austria test

Lionel Messi is on the cusp of rewriting FIFA World Cup history as Argentina faces Austria. Following a record-breaking hat-trick in their opener, the 38-year-old legend aims to extend his scoring streak and potentially claim the all-time goal-scoring record. Messi also holds numerous other World Cup milestones, and another victory…

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