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The Latest Breaking News from The Economic Times

China's push for green power use in AI projects faces hurdles, experts say

Ensuring reliable electricity for AI-focused data centres has become a strategic priority, underscored in China's 2026 government work report released earlier this year, which pledged stronger integration between computing infrastructure and power supply ‌networks.

The Economic Times

Best proverb of the day: “ In life, few things matter: a family…”A timeless reminder that true happiness lies in love, loyalty, and meaningful relationships, not in wealth or success

Best Proverb of the Day: True happiness stems from strong relationships, not material wealth. A supportive family offers unconditional love and stability, while loyal friends provide unwavering companionship through life's trials. These connections create a sense of belonging and strength, making life's journey more meaningful and manageable. The proverb emphasizes…

The Economic Times

Airline ticket prices may stay high as carriers bank fuel relief from Iran deal

A U.S.-Iran peace deal has lowered oil prices, promising billions in fuel savings for airlines. However, passengers may not see immediate fare reductions due to limited flight capacity. Airlines are using these savings to improve their financial health rather than immediately lowering ticket prices, with fare increases still lagging behind…

The Economic Times

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Australia and Canada sign a $1.75 billion deal to build long-range radar in Canada

Australian Defense Minister Richard Marles and Canadian Secretary of State (Defense Procurement) Stephen Fuhr signed the first phase of a pact to provide early warning radar coverage from the Canada-United States border into the Arctic.

The Economic Times

8th Pay Commission latest news: Can 8th CPC submit its report before Mid-2027 as Lucknow meetings begin?

8th Pay Commission news: Central government employees are anticipating the 8th Pay Commission's report, with some associations suggesting an early submission by January 2027 and potential salary hikes from April. Despite a November 2025 formation and an 18-month deadline ending May 2027, the commission's swift pace, aided by online processes,…

The Economic Times

India to witness rapid data centre growth fueled by favourable demographics: Goldman Sachs

The report, titled Outlook for Data Centers in Asia, states that data centre demand is expected to grow at a 20% compound annual growth rate (CAGR) in China from 2025 to 2028, driven by structural developments in AI and stepped-up investments by hyperscalers and large language model companies.

The Economic Times

Ambuja Cements ties up with UK's Leilac for commercial-scale low-carbon cement project

Ambuja Cements, an Adani Group company, is partnering with UK's Leilac Limited to pilot a groundbreaking low-carbon cement production method at its Gujarat plant. This initiative will test Leilac's innovative carbon capture and electric heating technology, aiming to slash emissions and fuel use. If successful, the project could become the…

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Shiv Sena (UBT) expels rebel MP Nagesh Bapurao Patil Ashtikar’s son for anti party activities

Shiv Sena (UBT) has expelled Krishna Nagesh Patil, son of rebel MP Nagesh Bapurao Patil Ashtikar, for alleged anti-party activities. This follows Maharashtra Minister Pratap Sarnaik's claim that six UBT Sena MPs are set to join the Eknath Shinde-led faction, significantly boosting their parliamentary strength. The defecting MPs have reportedly…

The Economic Times

Jio Platforms IPO likely by October-November; AI and ARPU growth in focus: Piyush Pandey

Reliance Industries' Jio Platforms IPO is anticipated by October-November, with strong investor interest expected due to a small fresh equity offering. Analysts foresee a holding company discount of 20-25% post-listing, potentially offset by the new energy business. ARPU growth, driven by tariff hikes and 5G adoption, remains key, while AI-powered…

The Economic Times

Bengaluru techie who started with just Rs 5,000 salary now has Rs 70 lakh net worth, but still carries one regret he cannot forget

A Bengaluru tech professional's journey from a Rs 5,000 monthly salary to a Rs 45 lakh annual package and Rs 70 lakh net worth is inspiring thousands. Despite financial success, the individual expresses regret over not pursuing a bachelor's degree earlier, which impacted confidence. The story highlights career setbacks, self-doubt,…

The Economic Times

Aaditya Thackeray slams Sena (UBT) rebels, says they abandoned poll mandate for 'greed'

Aaditya Thackeray has strongly criticized Shiv Sena (UBT) MPs who have switched allegiance, asserting that voters in their constituencies rejected the NDA and supported the INDIA bloc. He accused the defectors of abandoning the mandate due to "greed" and putting their loyalty "up for sale." This move, with six out…

The Economic Times

Cipla shares jump 4% as Citi puts stock on 90-day catalyst watch. What's driving the optimism?

Cipla's stock surged following Citi's 'Buy' rating and a 90-day Positive Catalyst Watch. The brokerage anticipates growth from potential US approvals like gFlovent and gVentolin, alongside a rebound in its US business. Domestically, Cipla's performance remains strong, supported by its respiratory portfolio. Citi sees earnings bottoming out and highlights attractive…

The Economic Times

SSC CGL 2026 application deadline today at ssc.gov.in; Check how to apply for 12,256 vacancies, eligibility criteria, application fee, and more

Today, June 22, 2026, marks the final opportunity to apply for the Staff Selection Commission's CGL Examination 2026, offering 12,256 Group B and C positions. Aspiring candidates must submit their applications online via ssc.gov.in by 11 PM. While registration closes, fee payment is open until June 23rd. A correction window…

The Economic Times

MSMEs are India's entrepreneurship nursery, RBI to continue strong support: Governor Malhotra

Emphasising the Reserve Bank of India (RBI) continued committment to the MSME sector, RBI Governor Sanjay Malhotra on Sunday described Micro, Small and Medium Enterprises (MSMEs) as India's "entrepreneurship nursery" and said the central bank will continue to extend strong support to the segment.

The Economic Times

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Nestle, Uber among global business leaders to back faster electrification shift

Over 100 global companies, including Nestle and Uber, are urging governments to prioritize electrification in economic strategies. They argue this shift will reduce reliance on volatile fossil fuel costs, enhance energy security, and boost competitiveness. The businesses, with combined revenues of $1.5 trillion, emphasize that clear government policies and faster…

The Economic Times

"Didn't leave out of grievance, but lack of trust shown after June 18 meeting": Shiv Sena (UBT) rebel MP Nagesh Patil Ashtikar

Shiv Sena (UBT) rebel MP Nagesh Patil Ashtikar, on Monday, confirmed his decision to leave the party, while stating that he has no grievances with party chief Uddhav Thackeray.

The Economic Times

Aprilia Tuono 457 Special Edition launched in India: Price, features and key changes explained

Aprilia has unveiled its Tuono 457 Special Edition in India, priced at Rs 3.99 lakh. This new variant boasts cosmetic tweaks, improved rider comfort with a taller handlebar and redesigned seat, and suspension tuned for Indian roads. Mechanically identical to the standard model, it retains the 457cc parallel-twin engine. Bookings…

The Economic Times

Maruti Suzuki to set up advanced manufacturing labs at 5 ITIs in Gujarat

Maruti Suzuki India is establishing advanced manufacturing labs at five Industrial Training Institutes in Gujarat, partnering with the state's Directorate of Employment and Training. This initiative aims to equip students with modern equipment skills, bridging the gap between academic learning and industry needs. The move supports the company's manufacturing expansion…

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The Economic Times

Quote of the day by Nicole Kidman: ‘I think that the most difficult thing is allowing yourself to be loved, so receiving the…’ – Oscar-winning actress on why accepting love can be harder than finding it

Oscar-winning actress Nicole Kidman reveals a profound personal struggle: allowing oneself to be loved and believing one deserves it. She emphasizes that accepting affection, rather than finding it, is often the greater challenge. This sentiment resonates deeply in an age of social media pressure, urging readers to embrace their inherent…

The Economic Times

Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legally

A Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constructing a residential bungalow. This move, facilitated by Section 54F of the Income Tax Act, saw her win an appeal against tax objections. The case highlights prudent tax planning for…

The Economic Times

Advit Jewels IPO opens tomorrow: GMP at 47%; SBI Securities recommends 'Subscribe'

Jaipur's handcrafted jewellery maker, Advit Jewels, is set to launch its IPO on June 23, 2026, with strong grey market interest indicating a potential listing premium. The Rs 165.16 crore issue aims to strengthen the balance sheet, fund working capital, and repay debt. Specializing in Kundan and Polki under the…

The Economic Times

Iran war triggers global race to build oil reserves

Vulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push for reserves could add half a billion barrels of demand. Countries like India and Pakistan are prioritizing stockpiles, learning from China's successful strategy of reducing imports during supply…

The Economic Times

Banking, capital goods and midcaps seen driving market's next rally: Ashish Chaturmohta

Indian equities are poised for fresh highs, driven by strong earnings and sector-specific momentum, particularly in financials and manufacturing. Ashish Chaturmohta highlights banking, capital goods, and manufacturing stocks as key drivers, with midcaps and smallcaps expected to outperform. Promising themes include EMS, defence, and contract drug manufacturing, with specific stock…

The Economic Times

Bajaj Auto shares gain 2% ahead of record date for its biggest buyback worth Rs 5,633 crore

Bajaj Auto shares gained ahead of the record date for its Rs 5,633 crore share buyback, the company’s largest to date. The buyback will be conducted at a premium through the tender route. Analysts suggest existing shareholders may benefit, while new investors should focus on business fundamentals rather than the…

The Economic Times

Lakshya Sen, Tanvi Sharma lead Indian challenge at US Open Super 300

India's badminton contingent, spearheaded by Lakshya Sen and Tanvi Sharma, is set to make a strong impact at the US Open Super 300. Sen, the second seed, aims for a comeback after an early exit, while Srikanth also features in the men's singles. A formidable seven-player women's singles team, including…

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