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The Latest Breaking News from The Economic Times

China hits back at US sanctions on tech giants, restricting its exports to 10 American defense firms

China has retaliated against US sanctions by imposing its own restrictions on 10 American military-linked companies. Beijing's Commerce Ministry announced a ban on exporting "dual-use" items to these firms, citing national security and US "wrongful expansion" of its own blacklist. Additionally, Chinese government entities are now prohibited from purchasing products…

The Economic Times

Live-in relationships are not new: Chhattisgarh’s Muria tribe has been practicing this unique way of choosing life partners for over 1,000 years

Modern relationship trends like cohabitation and partner choice echo ancient Muria tribal practices in Chhattisgarh. Their unique 'Ghotul' system fostered youth interaction and relationship development based on mutual consent, not solely family arrangements. This community also champions women's influence and a profound, sustainable connection with nature, expressed through vibrant music…

The Economic Times

China warns of fragmented supply chains as trade tensions grow

Beijing, a dominant supplier, has retaliated against potential restrictions with export controls. While China attributes its competitiveness to its vast market and industrial chains, escalating trade tensions coincide with growing economic stress domestically, despite some temporary buffers.

The Economic Times

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Iran, US establish communication line to safeguard shipping through Hormuz, say mediators

Iran and the United States have established a direct communication line to "avoid incidents and miscommunication" in the Strait of Hormuz, mediators Qatar and Pakistan announced on Monday after the first round of high-level talks under a 14-point Memorandum of Understanding (MoU).

The Economic Times

Infosys, HCL Tech, Coforge, other IT stocks rise up to 3% a day after a massive crash. What lies ahead?

IT stocks rebounded after a sharp sell-off triggered by Accenture’s guidance cut, with gains led by Coforge and Tech Mahindra. Analysts see valuations turning attractive but caution that volatility may persist. Technical indicators remain weak, with key support and resistance levels suggesting markets need stabilisation before any sustained recovery.

The Economic Times

Turtlemint Fintech IPO Day 2: Issue subscribed 52%; Check GMP and other key details

Turtlemint Fintech Solutions IPO: The issue, comprising a fresh issue of ₹660.7 crore and an offer-for-sale of ₹221.9 crore, is priced at ₹144-152 per share and will close for subscription on June 23.

The Economic Times

Tamil Nadu CM Vijay turns 52; PM, leaders extend wishes

Tamil Nadu Chief Minister C. Joseph Vijay celebrated his 52nd birthday, marking a significant occasion since assuming office. Leaders across the political spectrum, including Prime Minister Narendra Modi and former Chief Ministers M.K. Stalin and Edappadi K. Palaniswami, extended their warm wishes. Vijay, founder of the Tamilaga Vettri Kazhagam, recently…

The Economic Times

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Wife refused to leave sister-in-law’s house after husband moved out; Delhi HC orders her eviction

A Delhi High Court ruling has affirmed a woman's eviction from her sister-in-law's inherited property. The court stated that once a husband loses his right to reside in his sister's house, his wife cannot claim a right to stay there. The sister-in-law, the sole owner via her mother's will, had…

The Economic Times

In 1979, 'Uncle Moosa' quit his govt job, took a suitcase full of books to remote Arunachal & led a revolution that changed children’s lives forever

Sathyanarayan Mundayoor, a former Revenue Officer from Kerala, left his secure government job to bring books and learning opportunities to remote communities in Arunachal Pradesh. Affectionately known as 'Uncle Moosa', he went on to establish numerous libraries and launch the Home Library Movement, helping foster a lasting culture of reading…

The Economic Times

Two dead after speeding BMW crashes into divider on Baroda-Panvel Highway

A tragic accident on the Baroda-Panvel Highway claimed two lives when a speeding BMW, reportedly traveling at 250 kmph, crashed into a divider. The driver, Angad Gill, has been booked for violating traffic rules. The victims, Rebecca Jacob and Yogesh Kishan Negi, were rushed to the hospital but tragically passed…

The Economic Times

Rupee drifts as oil dips; hawkish Fed risks, importer flows cap gains

The Indian rupee held steady as easing U.S.-Iran tensions lowered oil prices, boosting sentiment. However, anticipation of potential U.S. Federal Reserve rate hikes kept traders watchful. Importer demand also capped rupee gains. Despite a roadmap for a U.S.-Iran deal, analysts suggest Asian currencies may face continued pressure from a strong…

The Economic Times

Paras Defence shares fall over 2% after 30% rally in 3 sessions. What are charts suggesting?

Paras Defence shares saw a dip after a significant rally, yet technicals suggest a bullish trend supported by strong momentum. Foreign investors are increasing their stake, reflecting optimism in India's booming defence manufacturing sector. Indigenous production has surged, driven by the 'Aatmanirbhar Bharat' initiative, with private players contributing substantially. Experts…

The Economic Times

New US visa rule could change how long international students can stay in the country

US authorities are set to replace the 'duration of status' system for international students with fixed stay periods. This significant policy shift, cleared by the White House, means students on F visas may need to apply for extensions beyond a set admission period, potentially impacting thousands, including a large number…

The Economic Times

'We will talk in 5 years': Sridhar Vembu reacts to IBM CEO Arvind Krishna's statement on 'multi-trillion dollar AI data center bubble'

Zoho founder Sridhar Vembu dismisses the massive AI data center buildout as a potential bubble, contrasting IBM CEO Arvind Krishna's concerns with his company's focus on core AI capabilities like data curation and compiler infrastructure. Vembu stated Zoho won't chase the "investment frenzy," emphasizing prudence over speculative spending. This stance…

The Economic Times

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The Economic Times

Best proverb of the day: “Happiness is as a butterfly; the more you chase it...” — A powerful life lesson in contentment and the secret to lasting happiness

Chasing happiness like a butterfly often makes it fly away. The proverb suggests true happiness isn't found in relentless pursuit but emerges naturally when we live meaningfully, appreciate the present, and engage in enjoyable activities. Focusing on gratitude and everyday joys, rather than external achievements, allows happiness to appear unexpectedly.…

The Economic Times

Markets on edge as US-Iran ceasefire deal leaves investors rattled by uncertainty: Seth R. Freeman

Despite a US-Iran ceasefire framework, markets remain volatile due to unresolved issues like Iran's nuclear program and the Strait of Hormuz. While oil prices are sensitive, China's markets struggle with property woes. India, however, shows promise, potentially emerging as a long-term AI powerhouse. Investors are advised caution until a concrete,…

The Economic Times

Why speed, scale and reliability will define the next infrastructure boom

As India’s digital infrastructure boom accelerates, data centres are emerging as the backbone of the AI and cloud-driven economy.

The Economic Times

Power Mech Projects jumps 4% as company bags Rs 1,009 crore JSW Thermal Energy contract

Power Mech Projects shares rose after the company secured a Rs 1,008.90 crore order from JSW Thermal Energy for civil and structural works at a thermal power project in Salboni, West Bengal. The order strengthens revenue visibility over the next three years and reinforces the company’s position in the power…

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The Economic Times

UP TET 2026 City Intimation Slip released at upsssc.gov.in; check steps to download, details about admit card and more

The Uttar Pradesh Education Service Selection Commission has released the UP TET 2026 city intimation slip today, June 22. Candidates can download this crucial document from upsssc.gov.in to prepare for the offline exams scheduled for July 2, 3, and 4. The official admit cards are expected on June 30. Troubleshooting…

The Economic Times

Vedanta Power, Aluminium, Oil & Gas and Iron shares soar up to 5%. Which stock looks best placed?

Shares of Vedanta’s newly demerged entities rallied up to 5% for a second session, driven by strong investor interest and brokerage optimism. Citi prefers Vedanta Aluminium as a structural play, while Oil & Gas, Power, and Iron & Steel offer more cyclical or valuation-driven opportunities post restructuring.

The Economic Times

Best proverb of the day: “The man may be the head of the home, but the woman is...” - Life lessons on respect, shared responsibility and partnership

Proverb of the day: The proverb “The man is the head of the family, but the woman is the neck that turns the head” highlights the importance of influence, cooperation, and mutual respect within relationships. It suggests that leadership and guidance often work hand in hand, reminding us that strong…

The Economic Times

Quote of the Day by William Shakespeare: "We are such stuff as dreams are made on, and our little life is rounded with a sleep" — A profound statement about life, dreams and mortality

Renowned playwright William Shakespeare's profound words from 'The Tempest' remind us of life's ephemeral nature. His famous line, 'We are such stuff as dreams are made on, and our little life is rounded with a sleep,' poetically captures the fleeting essence of our existence. This timeless wisdom encourages appreciating the…

The Economic Times

US Stock Market: Warsh reshapes Fed playbook with leaner messaging and reform agenda

US Federal Reserve Chair Kevin Warsh signalled a major shift in central bank communication by adopting shorter policy statements and focusing more narrowly on inflation and price stability. His first policy meeting suggested reduced forward guidance, sparking expectations of future rate hikes while launching broader reviews of Fed operations and…

The Economic Times

US notifies sale of support services for India's Apache helicopters, M777A2 howitzers

The US has formally approved a significant military support package for India, including sustainment services for its Apache attack helicopters and M777A2 Ultra-Light Howitzers. Valued at approximately USD 482.2 million, this deal aims to bolster India's defense capabilities and strengthen the strategic partnership between the two nations. The support will…

The Economic Times

GRSE shares jump 5% after PSU conferred 'Navratna' status. What this means for the warship-maker?

GRSE shares surged nearly 5% after the defence PSU was granted Navratna status, boosting investor sentiment. The status allows greater financial autonomy for expansion. Strong revenue and profit growth over recent years, along with capacity expansion plans, position the warship-maker for sustained long-term growth.

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