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The Latest Breaking News from The Economic Times

Free trade pacts to boost furniture exports, domestic manufacturing: Industry

India's furniture sector is set for a major boost. New free trade agreements will open up export markets and encourage investment. Domestic manufacturers are ready to meet global demand and replace imports. Companies are already seeing increased enquiries and expanding their product lines. This presents immense export opportunities for the…

The Economic Times

Free trade pacts to boost furniture exports, domestic manufacturing: Industry

The Economic Times

South Korea’s world-beating stock market eyes its MSCI moment

Now investors are awaiting MSCI Inc.’s annual market-classification review on June 23, when the index provider will decide whether Korea finally earns a place on the watchlist for developed-market status, the first step toward an eventual upgrade.

The Economic Times

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Amazon to expand automation use in inventory management at India fulfilment centres

In an interview with PTI, Amazon Robotics Chief Technologist Tye Brady said the company already uses several automation solutions in its Indian fulfilment network and remains committed to investing in the market, where it has announced significant long-term capital commitments.

The Economic Times

Indian Army Uniforms 2026 Manual: From new winter dress to Bandi jackets and tattoo regulations, all about Army's new dress rules

The Indian Army has unveiled "Army Uniforms-2026," a new dress code manual introducing a winter uniform, allowing bandi jackets for officers, and expanding formal options for women. The updated regulations also revise ceremonial practices, drop colonial-era terms, and maintain strict rules on tattoos and grooming.

The Economic Times

Quote of the day by environmentalist Steve Irwin: ‘I believe that education is all about being excited about…’ – ‘Crocodile Hunter’ on why passion is the foundation of learning

Steve Irwin believed education thrives on excitement and passion, not just knowledge. His own enthusiasm for wildlife, honed from childhood and showcased in "The Crocodile Hunter," inspired global audiences. Irwin's legacy emphasizes that emotional connection and genuine curiosity are the true drivers of meaningful learning and conservation.

The Economic Times

Minor among four apprehended for alleged role in Govindpuri fire that killed three

Delhi Police have arrested a 17-year-old girl and three adults in connection with a deadly fire in Govindpuri. The blaze claimed three lives and injured eight people. Investigators believe the fire was deliberately set. A monetary dispute and a personal vendetta are suspected motives. The accused allegedly used petrol and…

The Economic Times

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Lebanon reports strikes on south, east as Israel issues broad evacuation warnings

Israeli forces struck southern Lebanon, prompting evacuations from Nabatieh and over 20 other areas. This comes as the US and Iran near a deal to end the Middle East war, potentially including Lebanon. Hezbollah reported drone attacks and clashes with Israeli troops. Lebanon faces a critical juncture as leaders call…

The Economic Times

Reebok sales doubled in last 3 yrs, aggressive on growth trajectory: Aditya Birla Lifestyle Brands

Reebok's sales have more than doubled in India over the last three years following its acquisition by an Aditya Birla group firm. The brand plans to aggressively expand its network by adding 40-50 stores annually, targeting untapped market opportunities across metro and smaller towns. This growth is fueled by strong…

The Economic Times

'Knot suitable': Digital checks save Rs 427 crore in UP's mass marriage scheme

Uttar Pradesh's mass marriage scheme is using technology to prevent fraud. Online applications and digital verification are identifying ineligible applicants. This has saved over Rs 427 crore in the financial year 2025-26. The scheme aims to help needy families marry off their daughters. Technology ensures benefits reach genuine beneficiaries, improving…

The Economic Times

LIC targets stronger market leadership as it approaches its platinum jubilee

LIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and contribute to national development as it approaches its platinum jubilee. With a nearly 60% market share and substantial assets, LIC's growth is intertwined with India's economic progress, aiming to support the nation's 'Viksit…

The Economic Times

FPI exodus continues, Rs 62,800 cr pulled out from equities in first fortnight of June

Foreign investors continue to sell Indian shares. They have withdrawn over Rs 62,853 crore in early June. This follows significant outflows in previous months. Geopolitical tensions and global growth worries are driving these sales. The weakening rupee also plays a role. However, the pace of selling eased recently. Investors are…

The Economic Times

Vedanta listing: Why its aluminium business is the undisputed crown jewel of the mega 4-way demerger

Four demerged entities of Anil Agarwal-led Vedanta Group are set to begin trading on Monday, with Vedanta Aluminium Metal Ltd (VAML) expected to emerge as the biggest winner. Analysts believe the pure-play aluminium business could see the strongest listing gains, backed by robust fundamentals and favourable industry dynamics.

The Economic Times

WFH 2.0 in Gurgaon? Haryana wants companies to adopt work from home to beat traffic, save fuel

Haryana urges private firms to embrace work-from-home and staggered schedules to combat traffic congestion and rising fuel costs. This initiative, aimed at easing pressure on Gurgaon's roads, extends government austerity measures. Industry leaders and employees largely support the move, citing productivity and cost-saving benefits. The state is also implementing internal…

The Economic Times

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Kerala remains India’s ground zero for the Nipah virus, but why?

A new Nipah virus case in Kozhikode, Kerala, highlights the state's recurring outbreaks. Experts link these to fruit bats and human activity. Kerala's strong surveillance system detects cases effectively. The World Health Organisation considers Nipah a priority pathogen. Investigations are underway to understand the current infection's source and potential spread.

The Economic Times

Charting the Global Economy: War pushes up prices, dents growth

The Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly three years.

The Economic Times

"Will significantly improve ticket booking efficiency": ZRUCC Southern Railway member on IRCTC website upgrade

Indian Railways is set for a major digital upgrade. The passenger reservation system will see its ticket booking capacity surge from 32,000 to 1.5 lakh tickets per minute. This enhancement aims to boost efficiency and prevent server failures during peak booking times. A new, improved IRCTC website is slated for…

The Economic Times

FIFA World Cup 2026: Morocco's overseas-born starting XI creates history in draw against Brazil

Morocco achieved a historic feat in the FIFA World Cup. The team fielded its first-ever starting eleven composed entirely of players born outside the country. This landmark selection was followed by an impressive 1-1 draw against five-time champions Brazil. The Atlas Lions showcased their global talent and delivered a strong…

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The Economic Times

Why Trump and other G7 leaders meeting without China might be a mistake

The G7, a club of wealthy nations, faces questions about excluding China. China's economy now surpasses most G7 members. However, the G7's unwritten rule of only including democracies prevents China's entry. China's global influence makes it a key topic at G7 meetings. Its authoritarian system is seen as a threat…

The Economic Times

The NBA's Wemby era is clearly underway. But he's still waiting for his first NBA title

Victor Wembanyama's rookie season concluded with a Defensive Player of the Year award and a Finals appearance, but ultimately, he watched the New York Knicks clinch their first championship in 53 years. Despite impressive individual statistics, key late-game mistakes in the series overshadowed his stellar performance.

The Economic Times

After 53 years, the New York Knicks are NBA champions. And the wait sure seemed worth it

The New York Knicks have won the NBA championship, ending a 53-year wait for the city. This victory marks their third NBA title. The team defeated the San Antonio Spurs in five games. Owner James Dolan expressed his apologies for the long delay. This championship is a significant moment for…

The Economic Times

Bharat Innovates 2026 in France to feature Indian innovators, higher education Institutions, investors

Prime Minister Narendra Modi and French President Emmanuel Macron will inaugurate Bharat Innovates 2026 in Nice. This event will connect Indian innovators with global investors and industry leaders. It aims to accelerate innovations from India's higher education sector. Bharat Innovates 2026 will showcase deep tech innovators and startups.

The Economic Times

IPO Calendar: Two companies to launch public offers in a quiet week for the primary market

The IPO market will see limited activity next week, with only two SME issues, Liotech Industries and Leapfrog Engineering, opening on June 17. Together aiming to raise around Rs 125 crore, the offerings reflect continued investor interest in SME listings despite muted activity in the mainboard segment.

The Economic Times

Nifty, Sensex to rally more on Monday? Iran peace deal among 5 factors to dictate Dalal Street this week

Indian benchmark indices rebounded sharply on Friday, with the Sensex and Nifty rising nearly 2%, driven by hopes of a US-Iran peace deal, cooling crude oil prices, and stronger global sentiment. The rally added around Rs 10 lakh crore to investors' wealth, taking the total market capitalisation of BSE-listed firms…

The Economic Times

2 second-year medical students drown in Gwalior's Tighra dam; one body recovered

Two second-year medical students drowned at Tighra Dam near Gwalior on Saturday after venturing into the water. A group of eight students were visiting the area when the mishap occurred. One body has been recovered, and a search operation is ongoing for the second student.

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