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The Latest Breaking News from 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

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

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

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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…

The Economic Times

Kerala Lottery Bhagyathara BT-58 result out today (15-06-2026); check Rs 1 crore prize winning number and full list here

Kerala lottery results today: Kerala Lottery Bhagyathara BT-58 results for Monday, 15 June 2026, have been officially declared. Ticket holders can now check their numbers for the ₹1 crore first prize and other attractive cash rewards. Full list of other winning numbers here.

The Economic Times

Zerodha restarts referral programme; Nithin Kamath says over half of growth came through word of mouth

Zerodha has relaunched its referral program after receiving regulatory clarity, a move founder Nithin Kamath highlighted as a significant growth driver. Previously, nearly 30% of accounts were acquired through referrals, with the actual impact likely exceeding 50%. The reinstated program benefits both new and past referrers.

The Economic Times

A 60-day clock starts ticking on the US-Iran peace agreement

A peace agreement between the United States and Iran has been announced. This marks the end of a period of intense fighting. The core of the deal involves a 60-day negotiation window. During this time, critical issues like sanctions relief and Iran's nuclear program will be discussed.

The Economic Times

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Gold rate today (June 15, 2026): Check 24k, 22k and 18k gold jewellery rates from IBJA, Malabar Gold and Diamonds, Joyalukkas & Tanishq in Delhi, Mumbai, Hyderabad & other cities

Check 24k, 22k and 18k gold jewellery rates: Gold prices saw an upward trend across India's leading jewellery brands today, Monday, June 15, 2026. Consumers planning to purchase gold jewellery will find updated rates for 24k, 22k, 20k, 18k, and 14k purity.

The Economic Times

Your shampoo may be cleaning your hair, but is it treating your scalp?

Most shampoos do a decent job of cleaning the hair shaft. But if you keep dealing with flakes, an itchy scalp, or that persistent oily feeling, the problem likely isn't your hair. It's what's happening underneath.

The Economic Times

Spanish proverb of the day: "A man does what he can; a woman does what a man cannot."

A Spanish proverb, "A man does what he can; a woman does what a man cannot," highlights women's often-unseen contributions in managing daily life and providing stability. Modern interpretations recognize these quiet strengths, acknowledging the resilience and care that shape everyday life, even when overlooked.

The Economic Times

Markets likely to move beyond geopolitics, focus to shift to earnings: Devina Mehra

Devina Mehra believes geopolitical deals like a potential Iran-US agreement won't drive Indian equities, with earnings and liquidity being key. She advises investors against reacting to geopolitical risks, citing historical data. Mehra also highlights the dangers of emotional investing and emphasizes the importance of global diversification beyond the US.

The Economic Times

ETMarkets PMS Talk | The best alpha comes from spotting inflection points before the market does: Anuj Jain

Anuj Jain of Green Portfolio emphasizes identifying businesses at the cusp of transformation for alpha, not momentum. He highlights disciplined processes and patience in special situations, differentiating turnarounds from value traps. Jain sees India's manufacturing and industrial expansion as a decade-defining investment theme.

The Economic Times

PM Modi receives ceremonial welcome in Bratislava, meets with Slovakian PM Fico

Prime Minister Narendra Modi arrived in Bratislava for a historic visit. He received a ceremonial welcome and a Guard of Honour. PM Modi held bilateral talks with Slovakian Prime Minister Robert Fico. The visit aims to strengthen cooperation in trade, investment, and strategic sectors. This marks a significant step in…

The Economic Times

Research suggests people who walk outside within hour of waking are using morning light exactly the way the body was built to

Mornings often begin indoors, but research suggests that getting outside soon after waking can significantly improve sleep, energy levels and mood. Exposure to natural sunlight within the first hour of the day helps regulate your body's internal clock, promoting alertness in the morning and better sleep at night. Even a…

The Economic Times

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The Economic Times

Wall St. futures advance over 1% as markets cheer Iran deal

Indian markets are set for a strong opening. A preliminary deal between the US and Iran has boosted investor sentiment. SpaceX's successful IPO is also a major positive. Paramount Skydance's acquisition has been cleared. These events are expected to drive market gains. Investors will be watching the Federal Reserve's upcoming…

The Economic Times

Quote of the day by Maya Angelou: 'A woman's heart should be so hidden in God that a man has to seek...' - American poet's timeless reflection on faith, love, and spiritual devotion

Quote of the day by Maya Angelou: Maya Angelou, a celebrated writer, poet, and activist, inspired millions with her words on overcoming challenges and embracing hope. Her autobiography, 'I Know Why the Caged Bird Sings,' brought her international fame, sparking conversations on race and resilience. Angelou's legacy endures through her…

The Economic Times

UPDATE 1-UK bond yields fall to two-month low on US-Iran preliminary deal

British government bond yields dropped to a two-month low on Monday. This followed a preliminary peace deal between the United States and Iran. Oil prices fell more than five percent. Two-year gilt yields dropped over eight basis points. Ten-year yields also fell. This eased fears of a wider stagflationary shock.…

The Economic Times

TMC MLA Rathin Ghosh leaves ED office after questioning in municipality recruitment scam probe

TMC MLA and former West Bengal minister Rathin Ghosh left the Enforcement Directorate office in Kolkata after participating in the agency's probe into the alleged municipality recruitment scam. The ED is investigating alleged irregularities in municipal recruitments, with Ghosh appearing before officials as part of the ongoing inquiry.

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The Economic Times

The biggest financial mistake NRIs make is assuming distance equals preparedness

Earning abroad and sending money home consistently fosters a false sense of security for NRIs. This confidence becomes a blind spot, as financial capacity doesn't equate to family preparedness. Emergencies reveal the gap, highlighting the need for accessible wealth and clear communication, not just remittances.

The Economic Times

Nilesh Shah bats for minimum qualifying criteria for F&O trading after Maharashtra man kills family, self over Rs 1.8 cr loss

Following a tragic incident in Maharashtra linked to stock market losses, Kotak AMC's Nilesh Shah called for mandatory qualification criteria for derivatives trading. Citing rising retail F&O losses and SEBI data showing most traders lose money, he urged stronger safeguards to curb excessive speculation in the market.

The Economic Times

Quote of the day by Carl Jung: 'Loneliness does not come from having no people about one...' Powerful life lessons on connection, authenticity and being truly understood

Loneliness Quotes: Carl Jung's insight suggests that loneliness does not arise simply from being alone, but from being unable to share what truly matters to us or from holding beliefs that others reject or fail to understand. His words highlight that genuine connection is rooted in feeling understood and accepted,…

The Economic Times

Compliance complexity is the defining challenge amid tariff uncertainties: Maersk Asia Pacific survey

Vietnam, Thailand, and India emerge as key multi-country hubs. AI adoption is high, but integration with compliance platforms is crucial for true tariff exposure reduction.

The Economic Times

Organised jewellers seen sustaining growth despite 80% surge in gold prices: Nuvama

India's jewellery sector anticipates strong growth. Weddings and festivals are driving demand, even with high gold prices. Retailers report good revenue and customer interest. This trend is expected to continue into the next quarter. However, a recent duty hike may cause a temporary slowdown. Consumers are adapting by choosing lighter…

The Economic Times

Indian army selects Meprolight's Mepro X6 as dedicated daytime sight for in-service NEGEV machine guns

The Indian Army has chosen the Meprolight MEPRO X6 telescopic sight for its NEGEV machine guns. This advanced optic will improve target identification and engagement at longer distances. The sights will be manufactured in India through a technology transfer partnership. Bharat Electronics Limited will deliver the sights to the Army.

The Economic Times

Oil retreat hands RBI an assist in boosting rupee's near-term outlook

A U.S.-Iran peace deal has led to a slump in oil prices, bolstering the Indian rupee. This, combined with the Reserve Bank of India's measures to attract foreign inflows, is expected to support the currency's near-term trajectory. Analysts anticipate the rupee to appreciate as import bills decrease and investor confidence…

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