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The Latest Breaking News from The Economic Times

El Nino returns to Pacific, likely to intensify through monsoon season, says IMD

El Nino has returned to the tropical Pacific. The India Meteorological Department warns it may intensify during the southwest monsoon. The government has identified 197 vulnerable districts. Contingency plans are being prepared for agriculture. The nation is stocking seeds and inputs. Farmer outreach programs are underway. This heightened preparedness addresses…

The Economic Times

Ukraine's defence AI chief predicts 'new paradigm' of warfare

Ukraine's military is integrating artificial intelligence into its defense systems, anticipating a future "war of operating systems" with Russia within three to five years. AI is already enhancing drone operations, combat planning, and data analysis, with a goal to unify weapons and data into a single, coordinated network. This technological…

The Economic Times

Banks court wealthy Indian diaspora in $50 billion deposit drive

Indian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen foreign exchange reserves and support the rupee. Banks are offering attractive guaranteed returns on dollar deposits, with relationship managers actively engaging overseas nationals. This strategy revives a successful…

The Economic Times

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Bollywood star Kriti Sanon, her mother and sister, sell Andheri West apartments for Rs 8.9 crore; check the Mumbai price trend

Bollywood actor Kriti Sanon, her mother Geeta Sanon, and sister Nupur Sanon have sold four apartments in Andheri West for Rs 8.9 crore. The family recorded a long-term capital gain of Rs 4.6 crore from this property sale. The transactions involved two units at Raheja Classique sold for Rs 3.23…

The Economic Times

SC sets Rs 30,000 monthly income for housewives, calls them 'nation builders'

The Supreme Court has declared homemakers as nation builders. Their domestic care work will now be recognized as a separate category for compensation in motor accident cases. A notional monthly income of Rs 30,000 has been fixed for calculating this loss. This ruling aims to provide financial recognition for unpaid…

The Economic Times

Psychology says some people want love but fear closeness. Why emotionally unavailable partners pull you in, then suddenly push you away

Psychology does not suggest that emotionally unavailable individuals are incapable of loving others or deliberately seeking to cause harm. Human emotions and relationships are far more complex, shaped by a wide range of personal experiences, attachment patterns and emotional challenges.

The Economic Times

Quote of the day by Peter Drucker: “The best way to predict your future is to...” — the leadership lesson behind success and growth. How will you create your own future today?

Quote of the day by Peter Drucker teaches a powerful lesson about success, future planning, and personal growth. His wisdom shows that people create their destiny through action, discipline, and smart decisions. In a changing world, waiting brings uncertainty, but learning and adapting build opportunities. Drucker’s message inspires leadership, confidence,…

The Economic Times

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Rupee rallies as oil slump sparks unwinding of dollar longs

The Indian rupee experienced a robust uptick against the dollar on Friday, sparked by newfound optimism regarding peace talks between the U.S. and Iran. This positive development resulted in a sharp decrease in oil prices, alleviating some of the pressure on India’s import expenses.

The Economic Times

DRDO's Netra Airborne Early Warning and Control aircraft to get final operational clearance on June 25

Bengaluru will host the Final Operational Clearance ceremony for the Netra Airborne Early Warning and Control system on June 25. This marks a significant achievement for the indigenous system. The Netra AEW&C aircraft provides early warning of airborne and sea surface targets. It enhances situational awareness for coordinated air defence…

The Economic Times

Kane Williamson retires from international cricket; signs off as New Zealand's highest run scorer

New Zealand cricketer Kane Williamson has retired from international cricket. The announcement came on Friday, ending a 16-year career. Williamson stated the decision was made after careful consideration. He led New Zealand to two World Cup finals and the World Test Championship title. He was a pivotal player for the…

The Economic Times

Poetic line of the day from On Earth We're Briefly Gorgeous: 'I miss you more than I remember you.' Life lessons on love, regret and memories that refuse to fade

Poetic line of the day: Ocean Vuong's novel On Earth We're Briefly Gorgeous offers a profound insight into love, loss and memory. The line, "I miss you more than I remember you," beautifully captures how feelings can outlast fading memories. It reminds us to cherish the people and experiences in…

The Economic Times

India's retail inflation quickens to 3.93% in May amid high food & fuel prices

India's retail inflation rose to 3.93% in May. Food and fuel prices increased, impacting consumer costs. This marks the highest inflation reading under the new CPI series. Despite the rise, inflation stays below the Reserve Bank of India's 4% target for the 16th month. Policymakers have room to support growth.

The Economic Times

Canada's move to rein in AI chatbots, spurred by school shooting, faces doubts over loopholes

Canada's new AI chatbot and social media regulation bill, prompted by a school shooting, faces criticism for potential loopholes and a lengthy implementation. Experts doubt its effectiveness, citing the ease of circumventing restrictions and the risk of pushing children to less safe platforms. The government aims to balance privacy with…

The Economic Times

Apparent to everyone 'seat chori' took place, will fight: Natarajan after SC dismisses plea

The Supreme Court has dismissed Congress leader Meenakshi Natarajan's plea against the rejection of her Rajya Sabha nomination papers. Natarajan stated that seat theft has occurred and the party is ready to fight. The court cited the availability of election petitions as a remedy. Three BJP candidates were declared elected…

The Economic Times

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The Economic Times

Air India plans to downsize with owner Tata balking at losses

Air India is reportedly deferring aircraft deliveries, cutting flights, and postponing expansion plans following instructions from owner Tata Group to focus on reducing significant losses. This strategic shift aims to stabilize operations and implement cost-cutting measures, impacting a previously ambitious growth agenda.

The Economic Times

Warburg Pincus to acquire Japan's J.S.B. in over $1 billion deal, source says

US private equity firm Warburg Pincus is preparing to buy Japanese student housing provider J.S.B. The deal is valued at over one billion dollars. Warburg Pincus has already secured agreements with J.S.B.'s major shareholders. This move marks Warburg Pincus' first take-private deal in Japan since establishing its Tokyo office. The…

The Economic Times

Debate on real TMC settled; Mamata, Abhishek represent fake TMC: BJP

The BJP claims a document signed by 20 Trinamool Congress Lok Sabha MPs indicates a "real TMC" led by Kakoli Ghosh Dastidar, not Mamata Banerjee and her nephew. BJP spokesperson Shehzad Poonawalla alleged an "implosion" within TMC due to dynastic politics, stating the party has moved away from Mamata Banerjee.

The Economic Times

People who grew up without seatbelt laws, bicycle helmets, or parental supervision past the front door often describe their childhoods not as reckless but as unusually free, and many are still sorting out which of those things they believe

Research indicates a decline in children's independent activity is a key driver of falling mental wellbeing. This shift from unsupervised play to constant adult oversight, fueled by media coverage and organized schedules, has diminished children's opportunities to develop crucial life skills and a sense of control, contributing to rising anxiety…

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The Economic Times

A 93% police face match in Florida sent a Fort Myers crabber to jail after a child-luring case, but the arrest is fueling a bigger fight over one of the oldest facial-recognition systems in the US

Robert Dillon was wrongfully arrested after facial recognition software flagged him for a crime committed hundreds of miles away. This incident highlights the dangers of relying on AI for law enforcement, as a grainy photo led to an arrest warrant based solely on the technology's output. The ACLU lawsuit underscores…

The Economic Times

A 2026 World Cup tech makeover is turning every player into a digital twin, with 16 cameras, a 13-gram smart ball, and millimeter-level scans that could settle the sport’s tightest calls

The World Cup introduces a revolutionary AI offside system. Players are now 3D scanned, and a smart ball tracks every touch. This technology will deliver quicker, more precise decisions, reducing game delays. Fans will see lifelike 3D replays explaining complex calls. This innovation marks a significant advancement in football officiating.

The Economic Times

Psychology says people who stay genuinely fit deep into their 60s and 70s aren't always the most disciplined or genetically blessed; they’re the ones who made movement part of who they are

Staying active for decades is not about strict discipline or finding the perfect workout. It is about integrating movement into your identity and daily habits. Start small with enjoyable activities, link them to existing routines, and find companions. Missing a day is not a failure. This approach ensures movement becomes…

The Economic Times

UPI and AI: 'Buy Rs 500 worth gold if price drops below Rs 16,000/g'; your wish is AI agent's command, and it can make UPI payments at your target price

The P3P AI agent can complete a UPI payment without any human authentication. However, the human still stays in control. Currently, AI agents need a human authentication step, an MPIN, to make any payments. Pine Labs has removed this wall. It builds on UPI’s existing mandate framework - UPI One…

The Economic Times

Psychology says mixed signals feel addictive, here’s why one day of love and the next day of distance can make you chase someone even harder

The Economic Times

India sends measles vaccines, medical supplies to Maldives amid rising cases

India has provided 20,000 measles vaccine doses and three tonnes of medical supplies to the Maldives. This assistance aims to address increasing measles cases and boost immunisation coverage. The Maldives expressed gratitude for the timely support, highlighting strong bilateral ties. This action reinforces India's commitment as a regional first responder…

The Economic Times

SpaceX playbook set to fuel China's IPO ambitions but tech gap persists

In China, the initial public offering was watched as a benchmark for a younger industry eager to go public. But the frenzy masks a fundamental gap, with firms going public ahead of meaningful revenue and without the proven technology that underpins SpaceX's economics, a mismatch analysts say will cap valuations.

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