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The Latest Breaking News from The Economic Times

Sikh clergy declares Punjab CM Bhagwant Mann anti-Khalsa, Panth over objectionable video

Sikh clergy at Akal Takht declared Punjab Chief Minister Bhagwant Mann 'Guru Dokhi' and 'Khalsa Panth Virodhi'. This follows accusations of lying about an objectionable video. All Sikh MLAs and the Punjab Cabinet are summoned on June 29. The clergy stated forensic reports confirmed the video's authenticity. The Akal Takht…

The Economic Times

Sarvam joins unicorn club; Razorpay lines up IPO

Fresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.

The Economic Times

US Supreme Court rejects TCS appeal in $168 million trade secrets case

The U.S. Supreme Court has refused to hear Tata Consultancy Services' appeal. This upholds a $168 million award against Tata. DXC Technology had sued Tata for allegedly stealing trade secrets related to life-insurance software. A jury initially proposed $210 million. A judge reduced this to $168 million. The appeals court…

The Economic Times

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Netflix ends 'The Lincoln Lawyer' after successful seasons, leaving fans shocked: Why did the OTT giant cancel one of its most popular legal dramas?

Netflix has ended the popular legal drama The Lincoln Lawyer. The show, based on Michael Connelly's novels, will not return for a fourth season. This decision has left fans disappointed, especially as the third season ended with unresolved storylines. Reports suggest viewership trends, production costs, and Netflix's content strategy influenced…

The Economic Times

African proverb of the day: 'By crawling a child learns to...' - inspiring life lessons on learning, self-development, persistence, personal growth and why small beginnings often lead to great success

African proverb of the day: Success is built through gradual learning and persistence, much like a child learning to stand by crawling. Every accomplishment begins with small steps, and mistakes are essential parts of growth. Meaningful progress requires consistent effort and patience, as small improvements over time lead to remarkable…

The Economic Times

Drogo Aerospace delivers first batch of 41 JK 250e drones to Indian Army

The first batch was received by officials of the Army's Southern Command in Nasik, Maharashtra recently, while the company aims to complete the balance deliveries of 176 drones under the total order of 217 drones by August 2026.

The Economic Times

Indian officials survey farms around Tata iPhone parts plant after water pollution warning

Government officials are inspecting farmland near Tata's iPhone parts factory in Hosur. This follows reports that wastewater discharge from the plant contaminated groundwater. Tata Electronics is a key supplier for Apple's iPhone production. Authorities have warned Tata of a potential shutdown. Farmers have raised concerns about water quality and its…

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EU tech chief says Europe 'not a security risk' after US AI order

Europe is not a security risk to the United States. This statement comes after a US order restricted access to powerful AI models. EU tech chief Henna Virkkunen stressed cooperation on AI. The incident highlights Europe's drive for technological independence. Measures are being considered to reduce reliance on foreign tech…

The Economic Times

US stocks: Dow hits record high on Iran deal optimism, lower oil prices

Major Wall Street indexes surged at the open on Monday following a preliminary agreement between Washington and Tehran to resolve the Middle East conflict and reopen the Strait of Hormuz. This development triggered a significant drop in crude oil prices, boosting investor confidence across the board.

The Economic Times

Spiritual Quote of the Day by a celebrated bestselling author, Richard Bach: 'What the caterpillar calls the end of the world...'-Here's a life-changing quote by the Jonathan Livingston Seagull author about transformation and hope and how endings can become beautiful beginnings

Richard Bach's famous butterfly quote offers a profound perspective on life's challenges. It suggests that what appears to be an ending, like a caterpillar in a cocoon, is actually the start of a beautiful transformation. This wisdom encourages readers to trust the process of change, understanding that difficult moments can…

The Economic Times

Psychology says people who keep their lights on while sleeping aren't afraid of the dark, they may be fighting a different battle of control and comfort inside their minds

Sleeping with the lights on is rarely an arbitrary habit. Psychology suggests that everyday behaviors often serve as clues to deeper emotional needs rather than simple labels. The real story is not the light itself, but what that light may symbolize for the person relying on it.

The Economic Times

Sebi proposes changes to ETF base price, price band rules

India's markets regulator, SEBI, is proposing new rules for exchange-traded funds. These changes aim to bring the trading price of ETFs closer to the actual value of their underlying assets. SEBI is looking at how ETFs are priced for trading, with new methods for setting price bands. This move could…

The Economic Times

Quote of the Day by Tyler Farr: "I've never been the type of guy that's ever needed a lot of things or any fancy things, but..."

Tyler Farr accident: Country star Tyler Farr is recovering after a serious concussion from a farm accident, forcing him to cancel a show. His old quote about valuing land and a home over material things now resonates deeply, highlighting his connection to rural life and a personal definition of success.

The Economic Times

Turkish Proverb of the Day: “He who wants honey must have the courage to face the...” Life lessons from a timeless saying of the Ottoman Empire on why every great reward demands the courage to face risk, hardship, and uncertainty

Turkish proverb of the day reveals a timeless truth about success, resilience, and personal growth. This ancient wisdom shows that every meaningful achievement demands courage, patience, and the willingness to face challenges. This life lesson reminds us that greatness is never found in comfort alone. It grows through brave choices,…

The Economic Times

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India, Slovakia upgrade ties to comprehensive partnership; ink 11 pacts

The two leaders also agreed to work towards the "earliest" implementation of the India-European Union free trade agreement that is expected to significantly shore up the bilateral economic engagement.

The Economic Times

Fox strikes $22 billion deal for Roku to fuel streaming push

Fox Corp is acquiring Roku in a $22 billion deal. This move aims to combine Fox's content with Roku's streaming platform. The acquisition will give Fox access to millions of households. It is a significant step for Fox as viewers move online. The deal is expected to close in the…

The Economic Times

Chef Kunal Kapur shares a refreshing summer drink to beat the heat: How to make jamun sharbat at home

As summer heat intensifies, Chef Kunal Kapur shares a refreshing jamun sharbat recipe. This simple yet delicious drink, made with fresh jamuns, sugar, and spices, offers a perfect way to stay cool and hydrated. The recipe involves boiling, mashing, and straining the fruit to create a tangy and flavourful beverage.

The Economic Times

DRDO successfully conducts flight-test of Long Range Land Attack Cruise Missile

India's Defence Research and Development Organisation has successfully tested its indigenously developed Long Range Land Attack Cruise Missile. The missile was launched from Dr APJ Abdul Kalam Island off the coast of Odisha. All test objectives were met. This development showcases India's growing indigenous defence capabilities. Senior officials from DRDO,…

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The Economic Times

Nvidia to raise $25 billion in first corporate bond sale in five years

Nvidia is set to raise a massive $20 billion through a bond issuance. This move signals the company's significant investment in artificial intelligence infrastructure. Big technology firms are increasingly turning to debt markets to finance their ambitious AI projects. This bond issuance, with maturities extending to 2056, highlights the substantial…

The Economic Times

India's climate tech funding rose from USD 315 million to USD 2.6 billion in 5 years: Report

Indian climate tech funding saw a massive jump. Investments are now focused on electric vehicles, renewable energy, and infrastructure for energy transition. This shift is driven by a need for energy security, with government schemes supporting these sectors. Investors are backing companies ready for large-scale deployment, creating a strong investment…

The Economic Times

Adani, Jabil announce plans for AI data centre in India

Adani Group and Jabil Inc. are joining forces to build AI and data centre hardware in India. This partnership aims to create a large-scale manufacturing platform for AI-ready equipment. The venture will leverage Adani's infrastructure and Jabil's manufacturing expertise. This initiative targets both domestic and global markets, capitalizing on the…

The Economic Times

IPO-bound Zetwerk’s FY26 operating revenue rises to Rs 15,900 crore: Crisil

IPO-bound Zetwerk anticipates a rise in operating income to Rs 15,900 crore in FY26, driven by strategic exits from non-core segments and reduced civil infrastructure exposure. Despite this growth, Crisil assigns an 'A-/negative' rating, citing risks from civil EPC business exits and weak profitability metrics.

The Economic Times

India introduces PPI for goods and services, begins shift from WPI

India has launched Producer Price Index data for goods and services. This move aims to provide a clearer picture of price changes from a producer's viewpoint. The government plans to phase out Wholesale Price Index numbers within five years. This aligns with international practices and IMF recommendations. The new PPI…

The Economic Times

Adani, Jabil announce plans for AI Data Centre in India

The proposed alliance will combine Jabil's engineering and advanced manufacturing capabilities with Adani Group's infrastructure, green energy, logistics and data centre assets to address growing demand for AI data centre infrastructure, the companies said.

The Economic Times

NSE Indices launch 11 new sectoral indices including Nifty Power and Nifty Hospitals

NSE Indices has introduced 11 new sectoral benchmarks, taking its total sectoral index count to 34. The move aims to deepen sector-specific market coverage, support the growing passive investment ecosystem and provide fund managers with new benchmarks for ETFs, index funds and thematic products.

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