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The Latest Breaking News from 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

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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…

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

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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…

The Economic Times

Laurus Labs, Biocon, Ather Energy, Lenskart among probable MSCI India Standard Index inclusion candidates, says JM Financial

JM Financial anticipates significant shifts in the MSCI India Standard Index. Laurus Labs and Biocon are flagged as high-probability additions from the Small Cap Index, while Ather Energy and SAIL are medium-probability candidates. SBI Card faces a high probability of exclusion. These potential changes could lead to substantial passive fund…

The Economic Times

France braces for a week of punishing heat as red alerts spread

France is bracing for a week of scorching heat, with temperatures soaring above 40 degrees Celsius and nights offering little respite. Hundreds of schools have closed, and authorities are urging citizens to stay hydrated and avoid alcohol in public. This extreme weather, linked to climate change, is causing concern across…

The Economic Times

India monsoon revives after two-week stall, heads into central belt

Good news for India as the monsoon has finally gained momentum after a two-week lull, poised to advance into central regions this week. This revival is a welcome relief from the heatwave and is expected to significantly boost summer crop sowing. While June rainfall remains below average, conditions are now…

The Economic Times

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Delhi roads are about to go digital: 2,500 QR codes planned so residents can check road history & report damage in seconds

Delhi's Public Works Department is launching 'Know Your Road', a project enabling citizens to report road issues via smartphone scans. Nearly 2,500 QR codes will be installed on PWD-managed roads within 60 days, providing access to road maintenance history, contractor details, and complaint tracking. This initiative aims to boost transparency…

The Economic Times

India look to carry momentum forward against arch-rivals Pakistan in London leg of Pro League

Buoyed by a victory over Olympic champions Netherlands, the Indian men's hockey team faces arch-rivals Pakistan in their London leg opener. This marks their first encounter since a 2024 Asian Champions Trophy win. India aims to build on their improved European leg performance, where they secured two wins against strong…

The Economic Times

Keir Starmer went from election landslide to downfall after his supporters deserted him

Keir Starmer's tenure as Britain's Prime Minister has ended less than two years after his election, marked by missteps and party infighting. A significant error in judgment involving the appointment of Peter Mandelson, who had ties to Jeffrey Epstein, ultimately led to his downfall. Despite a landslide victory in 2024,…

The Economic Times

'If you're struggling in life, do this': Advice from Bryan Johnson, the man who says he won't die

Tech mogul Bryan Johnson, a proponent of biohacking, offers simple life-changing advice: eat early, disconnect from screens, read before bed, and exercise daily. He boldly claims he won't die, citing biotechnology's potential to extend lifespans, asserting his body functions like an 18-year-old's. Johnson's extensive research, costing millions, has yielded 41…

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The Economic Times

Reliance 3.0: Mukesh Ambani is preparing for a brave post-Jio world

In a pivotal shift towards innovation, Reliance Industries unveils Reliance 3.0, moving away from its conventional oil and consumer business operations. The company is laying the groundwork for a robust infrastructure supporting artificial intelligence, data centers, and sustainable energy. This strategy reflects its prior success with Jio, indicating a forward-looking…

The Economic Times

Don't want to open pandora's box with regard to proceedings of collegium: Supreme Court

The Supreme Court declined to intervene in a judicial officer's plea challenging the elevation of junior colleagues to the Himachal Pradesh High Court. Justices Nagarathna and Bagchi emphasized that collegium proceedings are internal matters, stating they wouldn't "open a pandora's box." The court noted no rejection of the petitioner's name,…

The Economic Times

Do people work harder and become productive when they feel observed? This Psychological phenomenon explains reason behind behavioral change

Hawthorne Effect. is a psychological phenomenon which suggests that increased attention and the awareness of being monitored can lead to temporary improvements in performance of individuals across various settings including workplaces and schools. The core takeaway is that human behavior is profoundly influenced by the perception of being seen and…

The Economic Times

Starmer becomes sixth UK PM to quit in less than 10 years. What happens next?

UK Prime Minister Keir Starmer has resigned amid growing pressure within the Labour Party, becoming the sixth British prime minister to leave office in less than a decade. Labour will begin a leadership contest on July 9, with a new leader expected before Parliament returns in September, triggering political uncertainty.

The Economic Times

UN Human Rights Council urged to act against apostasy and blasphemy executions

A global rights group, Jubilee Campaign, has urged nations to abolish death penalty laws for apostasy and blasphemy, citing violations of fundamental freedoms. Addressing the UN Human Rights Council, the organization highlighted that 11 countries, including Pakistan, still impose capital punishment for exercising freedom of conscience. They called for aligning…

The Economic Times

Bihar: Family of Bhojpur encounter victim meets Prashant Kishor, seeks justice

Family members of Bharat Bhushan Tiwari, who died in a police encounter in Bihar's Bhojpur district, met Prashant Kishor seeking justice. They urged him to attend a panchayat meeting on June 24. Kishor pledged support amidst a political row over the incident, with the state government ordering a judicial inquiry.…

The Economic Times

Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomes

Income Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A rebate and standard deduction, but filing an ITR is crucial. However, this rebate doesn't apply to special incomes like capital gains, Virtual Digital Assets (VDAs), and lottery…

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