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The Latest Breaking News from 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

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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.

The Economic Times

Trump's 80th birthday: White House cage fight spectacle amidst war and controversy

US President Donald Trump marks his 80th birthday with a unique cage-fighting event at the White House. This spectacle occurs as the president faces political challenges, including a war in Iran and scrutiny over his health. The event, featuring UFC mixed martial arts, contrasts sharply with previous presidential birthdays, which…

The Economic Times

Dividends and bonus issues: 31 stocks turning ex-record date this week. Do you own any?

As many as 31 companies, including HDFC Bank, Tata group firms and Brigade Enterprises, will turn ex-record date for dividends and bonus issues between June 15 and June 19. The list spans financials, industrials and healthcare, offering investors multiple opportunities to track payouts and corporate actions during the week.

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Delhi Electricity Bill Hike: Who will pay more, how much BRPL, BYPL and TPDDL customers will be charged, and from when

Delhi electricity consumers may soon see higher power bills. The Delhi Electricity Regulatory Commission has approved an increased surcharge for power distribution companies. This change will primarily affect households with high electricity usage, particularly those consuming over 500 units monthly and not receiving government subsidies. The hike is due to…

The Economic Times

UK, Japan set to agree $24 billion investment, tech partnerships

Britain and Japan are set to sign deals worth over 18 billion pounds. These agreements will boost investment and technology. Tens of thousands of jobs are expected to be created. Japanese companies will invest in infrastructure and financial services. There are also plans for offshore wind projects. A new technology…

The Economic Times

Quote of the Day from Science's Most Famous Rivals Einstein and Bohr: “Einstein challenged the universe to remain logical; Bohr challenged humanity to accept its mysteries. Their rivalry didn't...” What timeless lesson does their rivalry teach about innovation, discovery, intellectual courage, and the power of challenging ideas to advance human knowledge?

Quote of the day from Einstein and Bohr reveals a powerful truth about science, curiosity, and human thinking. Their legendary rivalry in quantum physics was not a battle of egos but a search for reality. Einstein defended logic and order, while Bohr explored uncertainty, creating discoveries that transformed modern science…

The Economic Times

Petrol, Diesel prices on June 14: Check latest rates in Delhi, Mumbai, Bengaluru and other cities

Fuel prices remained steady on June 14, 2026, offering consumers a respite after recent hikes. This pause comes despite global crude oil volatility and geopolitical concerns affecting energy supplies. Recent price increases had pushed retail rates to over two-year highs, but a softening in global oil prices offers hope for…

The Economic Times

Mamata Banerjee rejigs TMC's youth, women wings; removes Saayoni Ghosh, Mala Roy from key positions

TMC chief Mamata Banerjee has made significant changes within the party. Saayoni Ghosh was removed as youth wing president and replaced by Arnab Banerjee. Mala Roy was replaced as women's wing president by Alifa Ahmed. These moves come as several TMC MPs are reportedly forming a breakaway faction. The party…

The Economic Times

Protest erupts in Iran against Araghchi over prospective US peace deal

Protests have erupted in Iran following discussions of a peace deal with the United States. Demonstrators in Mashhad and Tehran are voicing strong opposition to top diplomat Abbas Araghchi and Parliament Speaker Mohammad Bagher Ghalibaf. Hardline figures argue the proposed agreement compromises Iran's interests and its leverage over the Strait…

The Economic Times

How Musk's tactics left investors clamoring for SpaceX stock and ignoring risks

One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur to buy $10 million worth of stock in the satellite maker in 2018. A portfolio manager at a $500 billion U.S. fund said he had to use his relationship with…

The Economic Times

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Elon Musk becomes world's first trillionaire, but lives in a 20x20-foot home with an almost empty fridge

Elon Musk has achieved a historic milestone, becoming the world's first trillionaire. This unprecedented wealth follows SpaceX's successful stock market debut. Despite his immense fortune, Musk reportedly lives in a small 400-square-foot home in Texas. His lifestyle prioritizes ambitious projects over personal luxury, a stark contrast to his record-breaking financial…

The Economic Times

Nvidia begins Vera CPU sales pitch to Chinese clients, sources say

The outreach underscores how the world's most valuable company is quickly pivoting to the new product to revive its rapidly declining fortunes in China, as shipments of its second-most powerful AI chip, the H200, to the country have stalled for months.

The Economic Times

Justin Trudeau ditches Katy Perry's country after siding with it for one night, reveals who he's really rooting for to win the FIFA World Cup

Former Canadian Prime Minister Justin Trudeau attended the United States' World Cup opening match. This sparked online debate as Canada's game occurred simultaneously. Trudeau clarified his support for Canada, stating he was fulfilling boyfriend duties. His appearance alongside Katy Perry became a notable off-field event. The incident highlighted a friendly…

The Economic Times

FIFA World Cup 2026: Scotland marks 28-year absence with 1-0 victory over Haiti in Group C

Scotland secured a 1-0 victory over Haiti in their World Cup debut. John McGinn scored the winning goal in the 28th minute. This marks Scotland's first World Cup win since 1990. The win places Scotland at the top of Group C. Haiti is still seeking its first World Cup point.…

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The Economic Times

Two phones and an app: How Russians skirt Putin's digital iron curtain

Since the Kremlin ratcheted up control over the internet this year, Russians have been turning to increasingly convoluted technical solutions to circumvent state monitoring and restrictions on popular foreign apps like Meta Platforms' WhatsApp and the Telegram messenger.

The Economic Times

Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker

The IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon ‌Musk's other company, Tesla , ⁠and ⁠Meta Platforms. With trillion-dollar contenders such as OpenAI and Anthropic waiting in the IPO wings, the club may soon need a name change, analysts said.

The Economic Times

El Niño is here, but can the Indian Ocean Dipole save India's monsoon?

El Niño conditions have developed in the Pacific Ocean. This weather pattern often leads to less rain and hotter temperatures in India. Farmers and water resources could be affected. However, another climate pattern, the Indian Ocean Dipole, might help. A positive Indian Ocean Dipole could bring more rain. Experts are…

The Economic Times

A Himalayan Adventure: The selfish act of trekking

India's budget now includes funds for tourism development. This marks a shift in how the country views its mountains. Nepal has a well-organized trekking industry. India's approach has faced criticism for poor infrastructure and environmental impact. Animal welfare on pilgrimage routes is also a concern. The article suggests visiting the…

The Economic Times

Malviya Nagar fire survivor from Bangladesh alleges Rs 1.8 lakh charged despite promise of free body transport

A Bangladeshi survivor of the Malviya Nagar fire claims she was charged a hefty sum for body repatriation after a government promise of free transport. Shamiya Chaudhary spoke about the unexpected embassy charges. Meanwhile, Delhi Chief Minister Rekha Gupta honored brave citizens and officials for their rescue efforts in the…

The Economic Times

NEET re-exam admit card likely to be released today; check steps to download hall ticket and key exam updates

NEET Re-Exam Admit Card 2026: The National Testing Agency is set to release the Re-NEET UG 2026 admit card by June 14, with the re-examination scheduled for June 21. Candidates will now have 195 minutes for the test, and NTA has increased rough work sheets to four. Ensure you check…

The Economic Times

Swiss head to polls in divisive anti-immigration vote

Swiss citizens vote Sunday on two key referendums. One proposal aims to cap the nation's population at 10 million, potentially impacting immigration. The other seeks to restrict access to civilian service as an alternative to military duty. Both votes are expected to be close, with results anticipated by Sunday afternoon.…

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