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The Latest Breaking News from The Economic Times

USTR arrives June 22 for trade talks; Commerce Secretary says US-Iran deal should bring lasting peace

India's trade data for May 2026 shows robust export growth. Merchandise exports rose 18 percent year-on-year. Commerce Secretary Rajesh Agrawal welcomed the US-Iran peace agreement. He expressed hope for regional stability. Discussions are ongoing for a trade agreement with the US. The US Trade Representative is expected to visit India…

The Economic Times

"Not a peace deal; another 60 days of ceasefire": Israeli expert weighs in on US-Iran peace talks

An agreement between Tehran and Washington is announced. Sagiv Steinberg of JCFA views it as a temporary 60-day ceasefire before US elections. He states no US goals were achieved. Iran may rebuild proxies and infrastructure. The deal is set to be signed on Friday in Switzerland. This agreement is seen…

The Economic Times

India, Italy can expand cooperation in Africa through AI Hub and development initiatives: Ambassador Bartoli

India and Italy are set to boost their collaboration in Africa. An AI Hub for Sustainable Development is planned, alongside initiatives in farming, water, health, and education. This partnership aims to leverage artificial intelligence for the continent's progress. Both nations are strengthening ties across technology, defense, and critical minerals, fostering…

The Economic Times

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How will the UK ban on social media for under 16s work?

Prime Minister Keir Starmer intends to ban social media platforms for children under sixteen. This move aims to protect young people's childhoods. Restrictions will also target gaming and livestreaming sites. The government plans to implement these measures before Christmas, with enforcement focused on platforms. Further details on age verification and…

The Economic Times

Sanchita Ugale Last Instagram Post: Who was Kumkum Bhagya & Wagle Ki Duniya actor whose final reel surfaced after tragic death at 22?

Sanchita Ugale Last Instagram Post: Young television actor Sanchita Ugale, known for her roles in 'Kumkum Bhagya' and 'Wagle Ki Duniya', was found dead at her Nalasopara residence. The 22-year-old's last Instagram post, a reel of her happily dancing, has gone viral as fans mourn her untimely demise. Police have…

The Economic Times

US-Iran peace deal: Is it enough to end the 2-year drought for Nifty bulls, bring FIIs back?

A US-Iran peace framework has sparked a sharp rally in Indian markets, sending crude oil prices lower, strengthening the rupee and prompting FII short covering. Analysts believe easing macroeconomic pressures could improve growth prospects, though caution persists over elevated valuations in mid- and small-cap stocks.

The Economic Times

AI is making blue collar workers like electricians, mechanics richer than office workers

Artificial intelligence is creating new, lucrative roles for skilled tradespeople in India, with demand for electricians, HVAC technicians, and robotics specialists surging. This 'labour flip' sees blue-collar wages growing faster than entry-level white-collar salaries, as AI's physical infrastructure requires human expertise for installation and maintenance.

The Economic Times

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West Bengal likely to unveil new industry policy with seamless land acquisition plans in June 22 budget

West Bengal's first BJP government will unveil a new industrial policy in its maiden budget on June 22, featuring seamless land acquisition, a single-window clearance, and investor incentives. Chief Minister Suvendu Adhikari announced efforts to spur industrialization, create jobs, and strengthen social welfare, including facilitating credit access for entrepreneurs and…

The Economic Times

Without Pircotone Olamine your anti-dandruff shampoo might be doing more harm than good

Malassezia Globosa, is a naturally occurring fungus that causes dandruff, itching, redness and scalp inflammation. External triggers make things worse. While most anti-dandruff shampoos might be a temporary relief, the only thing that is proven to work is ‘Pircotone Olamnine-The Hero Ingredient’.

The Economic Times

JAL shares to delist from BSE and NSE on Thursday. What happens to its 6 lakh shareholders?

Jaiprakash Associates is set to be delisted from the BSE and NSE from June 18 following the completion of insolvency proceedings and Adani Group’s acquisition. Existing shareholders will receive no consideration as the approved resolution plan fully extinguishes the current shareholding structure.

The Economic Times

US-Iran peace deal brings relief, but India turns to a risk at home

India just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditions are emerging as the next major test for growth and price stability, shifting focus from imported energy stress to domestic climate risk.

The Economic Times

India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blow

India's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabilize shipping through the Strait of Hormuz. Consequently, global crude oil prices should moderate. This will ease pressure on India's import bill and help control inflation. Exporters anticipate…

The Economic Times

Agentic AI adoption drives stronger governance oversight, risk controls

India first: Firms prioritise domestic industry guidelines over global frameworks, remain confident on DPDP

The Economic Times

RIL AGM 2026 this week: Date, time, where to watch live and what to expect

Reliance Industries' 49th AGM on June 19 is expected to draw investor attention for updates on the much-awaited Jio IPO, Reliance Retail's expansion plans and progress in its new energy business. Markets will also closely watch Chairman Mukesh Ambani's commentary on growth strategy and future value creation.

The Economic Times

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The Economic Times

GTA 6 Price Leak? PlayStation Store listing sparks speculation ahead of November 2026 launch

Speculation surrounding Grand Theft Auto 6's price has intensified following placeholder listings on the PlayStation Store. While official pricing remains unconfirmed by Rockstar Games, industry analysts anticipate a standard edition between $69.99 and $79.99, with premium versions costing more. The game is still slated for a November 19, 2026 release.

The Economic Times

Hero FinCorp teams up with Salesforce to drive loan processing with Agentforce

Salesforce and Hero FinCorp partnered to speed up loan processing. Hero FinCorp deployed Salesforce's Agentforce and other tools. This has improved loan turnaround time by 72 percent for two-wheeler loans. The technology automates many steps, from document checks to disbursal. This leads to faster lending and better experiences for customers…

The Economic Times

Deccan Gold Mines shares rally 20% to fresh lifetime high after this Supreme Court order

Deccan Gold Mines shares surged significantly after the Supreme Court ruled in its favor. The apex court upheld the company's mining lease rights for the Ganajur Gold Project, established before 2015. This decision protects legacy mining applications from new auction mandates. The ruling clears the path for the company's project…

The Economic Times

Gourmet retail startup Foodstories raises Rs 50 crore led by Nikhil Kamath

Gourmet retail startup Foodstories has secured Rs 50 crore in a funding round led by Zerodha cofounder Nikhil Kamath. The company, founded by Ashni and Avni Biyani, plans to utilize the capital to expand its digital business, delivery network, and retail footprint.

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The Economic Times

'Nothing is easy, but everything is possible': Air India cleaner's words feel like warm hug to millions, explaining why biggest adventure is living the life of your dreams

An Air India cleaning staff member's inspiring positivity has gone viral on social media. In a widely shared video, he expressed immense pride and gratitude for his work, revealing that joining Air India had always been his dream. His optimistic outlook and genuine appreciation for his job have resonated with…

The Economic Times

Advit Jewels announces price band for its IPO opening on June 23. Check details

Advit Jewels, a Jaipur-based jewellery maker, has announced its Initial Public Offering. The price band is set between Rs 130 and Rs 138 per share. The subscription opens on June 23 and closes on June 25. The company aims to raise approximately Rs 165 crore through this public issue. Funds…

The Economic Times

Planning a Germany trip? Here's how to apply for a Schengen visa

Indian citizens planning a trip to Germany require a Schengen visa for short stays. The application involves submitting documents like a passport, photos, accommodation proof, and travel insurance. Visa validity and stay duration are determined by authorities. Remember, this visa is strictly for tourism and not employment.

The Economic Times

World Cup racism monitor urges FIFA to remove match official over hand gesture on TV broadcast

A FIFA discrimination monitor has demanded the removal of a video review official. The official reportedly made a hand gesture resembling a white supremacist sign during Germany's World Cup match. The gesture, known as the 'OK' sign, has been designated a hate symbol. The monitor stated the official should have…

The Economic Times

Mutual funds reduce cash allocation by over Rs 10,000 crore to Rs 1.87 lakh crore in May

Mutual funds reduced cash holdings by over Rs 10,000 crore in May to Rs 1.87 lakh crore, representing 4.24% of total assets. Equity AUM saw a monthly increase of Rs 46,274 crore, reaching Rs 44.25 lakh crore. PPFAS Mutual Fund led with the highest cash allocation at 17.67%.

The Economic Times

Jordan Staal wins 2026 Conn Smythe Trophy, matches 70-year Stanley Cup Final record

Jordan Staal, at 37, has etched his name in NHL history, clinching the Conn Smythe Trophy as the Hurricanes' playoff MVP. His stellar performance, including a record-tying streak of scoring in five consecutive Stanley Cup Final games, led Carolina to their first championship since 2006. This victory marks his second…

The Economic Times

Mercedes-Benz launches S-Class plug-in hybrid in India: Check price, electric range, specs

Step into the future with the newly launched 2026 S-Class from Mercedes-Benz India, which features India's first-ever S-Class plug-in hybrid option – the S 450e. Reservations are currently accepted for this lavish sedan, with expected deliveries coinciding with Diwali 2026. Explorers of luxury will appreciate the S 450e's powerful performance…

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