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The Latest Breaking News from The Economic Times

'Can't download': NEET UG 2026 re-test admit card out, but students report crashes & refund verification mess; What NTA wants students to do now

Medical aspirants face challenges downloading NEET UG 2026 re-test admit cards. Website errors and slow loading times plague the National Testing Agency portal. Confusion also surrounds the bank account verification for fee refunds. NTA acknowledges server strain and assures students that technical teams are resolving issues. Candidates are urged to…

The Economic Times

Flexi cap fund inflows halve to Rs 5,175 crore in May after record April. Is this profit booking or a buying opportunity?

Flexi cap fund inflows dropped 49% in May to Rs 5,175 crore after April’s record surge, reflecting broader moderation across equity categories. Experts attribute this to profit booking and global uncertainties, not a structural shift. Investors are advised to continue SIPs, as long-term fundamentals and category preference remain intact.

The Economic Times

US-Iran peace deal may help boost India's exports, stabilise rupee

A peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's exports to West Asia. It will also help stabilize the Indian rupee and reduce inflationary pressures. The reopening of this vital shipping route promises economic relief…

The Economic Times

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Indian envoy to Oman meets 20 rescued MT Jalveer crew ahead of repatriation

The Indian Embassy in Oman successfully coordinated the rescue and repatriation of 20 Indian crew members from MT Jalveer, alongside 14 sailors from the sunken vessel MSV Virat. This follows severe regional maritime tensions and a major diplomatic protest lodged by New Delhi over recent fatal attacks on commercial shipping.

The Economic Times

Vedanta Oil and Gas shares list at Rs 39 on BSE as 4 demerged entities debut on Dalal Street

Vedanta Oil & Gas shares debuted at Rs 39 on BSE and Rs 38 on NSE as part of Vedanta’s mega demerger that led to four new listings. The company’s valuation came broadly in line with estimates, marking a key milestone in one of India’s largest corporate restructuring exercises.

The Economic Times

Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)

The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadline of June 15, 2026, requires tax officers to forward selected cases for scrutiny. Taxpayers with errors can file updated returns or provide explanations during scrutiny.

The Economic Times

'Opportunity to restore regional peace, stabilise global economy': US-Iran breakthrough draws global support

The major diplomatic breakthrough between Washington and Tehran was announced on Sunday, with President Trump saying that the agreement would bring "peace and security" to West Asia and facilitate the reopening of the critical energy chokepoint Strait of Hormuz.

The Economic Times

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Vedanta Aluminium lists at Rs 527 on BSE after demerger. Is it the group’s new crown jewel?

Vedanta Aluminium Metal shares debuted on Monday at Rs 527 on the BSE. The company's market capitalization reached Rs 2.06 lakh crore. Analysts had predicted a lower debut range. ICICI Direct highlighted Vedanta Aluminium as the most attractive entity within the group. Favorable industry dynamics support its strong performance.

The Economic Times

India-France discuss deepening trade, tech ties during meeting between Piyush Goyal, Nice Mayor

India and France are strengthening ties in trade and technology. Discussions between Union Commerce Minister Piyush Goyal and Nice's Mayor Eric Ciotti highlighted new avenues for cooperation. Nice will host Bharat Innovates 2026, showcasing Indian startups. Both nations aim to boost bilateral trade and advance in AI, space, and strategic…

The Economic Times

Vedanta Iron & Steel shares list at Rs 22 on BSE as mega demerger concludes

Vedanta Iron & Steel debuted on the BSE at Rs 22 and NSE at Rs 20 on Monday as part of Vedanta's demerger plan. The company, with operations in India and Africa, focuses on iron ore and steel production. Its market capitalization at debut was approximately Rs 7,821 crore.

The Economic Times

Dhiraj, Kumkum script golden chapter for India at Archery World Cup 2026 in Antalya

The 24-year-old Dhiraj stunned Olympic bronze medallist Lee Woo-seok of South Korea 7-3 in the men's individual recurve final to claim his maiden Archery World Cup gold medal. It was also India's first men's individual recurve gold at a World Cup stage since Atanu Das achieved the feat in 2021.

The Economic Times

British PM expected to impose teen social media ban that goes further than Australia's

Britain's Prime Minister Keir Starmer plans a social media ban for young teenagers. This move aims to shield children from harmful online content and excessive screen time. The UK joins a global trend of nations implementing stricter online safety measures for minors. The proposed ban targets popular platforms like TikTok…

The Economic Times

Vedanta Power shares list at Rs 42 as mega demerger concludes

Vedanta Power shares began trading on the NSE and BSE today. This listing follows a major demerger by Vedanta. The company has significant installed power capacity across four states. Analysts had anticipated its market debut performance. The demerger involved four new entities spinning off from Vedanta. Investors awaited the market…

The Economic Times

Russia is the test of Europe's strategic autonomy

European ambassadors' visit to Moscow to discuss ending the Ukraine invasion proved futile, highlighting Europe's geopolitical challenges. While Europe is a participant, it must be involved in negotiating an end to the conflict and finding Russia's place in the European security architecture. This requires Europe to first define its approach…

The Economic Times

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The Economic Times

Rupee rises 58 paise to 94.60 against US dollar in early trade

The Indian Rupee strengthened significantly against the US Dollar on Monday. This surge followed the announcement of a peace deal between the United States and Iran, which is expected to end their war. Global crude oil prices saw a sharp decline as a result. Strong performance in domestic equity markets…

The Economic Times

G7 summit in France: What you should know about host town Evian-Les-Bains

France's President Emmanuel Macron has chosen Evian-les-Bains to host this year's G7 summit. This small spa town on Lake Geneva is famous for its mineral water and has a history of hosting international events. It previously hosted a G8 summit in 2003. The area also offers world-class golf courses.

The Economic Times

Will SpaceX's $75 billion IPO set the ball rolling for Reliance Jio and NSE listings in India?

SpaceX's massive IPO is making waves globally. However, Indian market experts believe this will not directly impact upcoming listings of Jio Platforms and NSE. The timing for these Indian mega IPOs will depend on domestic market sentiment and conditions. Geopolitical easing could also play a role.

The Economic Times

Looking to trade Vedanta shares post demerger? Here’s what charts are saying

Vedanta shares remain volatile after the listing of four demerged entities, triggering fresh valuation assessment. Analysts indicate a consolidation phase with key support near Rs 290-305 and resistance up to Rs 335. Experts suggest a buy-on-dips strategy while highlighting the impact of portfolio reshuffling and evolving business concentration post restructuring.

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The Economic Times

Peace deal between Iran, US reached; to be signed officially on Jun 19 in Switzerland: Pakistan's PM Shehbaz Sharif

A significant peace deal between the United States and Iran has been reached. Prime Minister Shehbaz Sharif of Pakistan announced the agreement, which will be officially signed in Switzerland on June 19. This accord includes the immediate and permanent termination of military operations on all fronts. Qatar, Saudi Arabia, and…

The Economic Times

Noida International Airport begins operations with first IndiGo flight from Lucknow

Noida International Airport has commenced flight operations. Its first IndiGo flight arrived from Lucknow and then departed back to the Uttar Pradesh capital. This marks a significant step for air connectivity in the region. The new airport aims to boost travel and economic development. It is designed as a multimodal…

The Economic Times

Asian Paints, HPCL, MRF other crude-sensitive stocks jump up to 5% on Iran-US peace deal framework

Crude-sensitive stocks surged as oil prices dropped significantly following an agreement between Iran and the US to end their conflict and reopen the Strait of Hormuz. This development brings relief to global oil shipments, though analysts advise caution regarding the timeline for full normalization.

The Economic Times

ET Alpha Wealth Summit | India's passive investing boom just starting; speed of change is unlike anything seen elsewhere: Sid Swaminathan

India's investment world is undergoing a significant transformation. Passive funds are leading this change, growing from 6% to 25% of the mutual fund industry in just a decade. This rapid shift is fueled by maturing markets, investors questioning active management fees, and a majority of large-cap funds failing to beat…

The Economic Times

G7 leaders meet in France after US and Iran declare agreement to end war

Global leaders gather at a French resort for the G7 summit. Discussions will focus on a preliminary deal with Iran, the war in Ukraine, and global economic challenges. Sourcing critical minerals away from China is also on the agenda. French President Macron aims for a diplomatic success during his final…

The Economic Times

Trump's Iran agreement resets the mood ahead of a tense G7 gathering

President Trump attends the G7 summit in France after announcing a deal to end the U.S. and Israel's war with Iran. This agreement aims to reopen the Strait of Hormuz and boost global oil flow. The deal could reshape discussions with world leaders, including those critical of his handling of…

The Economic Times

What is the G7 and what's on the agenda at the Evian-les-Bains summit?

G7 leaders convene in France to tackle pressing global issues including the wars in Ukraine and Iran, and economic imbalances. Discussions will also focus on the rapid advancement of artificial intelligence and the debt burden of developing nations, with invited leaders from various countries joining the summit.

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