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The Latest Breaking News from The Economic Times

PPF, SCSS and NSC have outperformed equity in last 2 years, but should you write off equities?

Small savings schemes vs Nifty indices: While equities have shown muted returns recently, small savings schemes have offered stable returns of up to 8.2%. Despite short-term volatility in indices like Nifty 100 and Nifty Midcap 150, small savings schemes provide a reliable option for conservative investors. Equities, however, offer superior…

The Economic Times

Taylor Swift becomes youngest woman in Songwriters Hall of Fame

Taylor Swift on Thursday became the youngest woman ever inducted into the prestigious Songwriters Hall of Fame, another milestone in the 36-year-old US pop star's record-breaking career. Canadian singer Alanis Morissette, inescapable in the 1990s, and American record producer Walter Afanasieff were also among the total of nine songwriters joining…

The Economic Times

Nifty Bank surges 700 points to one-month high; HDFC Bank, Yes Bank, PNB, other stocks rise 2%. What lies ahead?

Bank stocks saw a significant jump on Friday, propelling the Nifty Bank index to a one-month peak. This surge followed news of a potential peace deal between the US and Iran. Oil prices declined and the Indian Rupee strengthened, boosting overall market sentiment. Several major bank stocks experienced gains, indicating…

The Economic Times

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Tata Motors to increase prices of its cars & SUVs from July 1

Tata Motors Passenger Vehicles will raise prices of its entire passenger vehicle range, including ICE and electric models, by up to 1.5% from July 1, 2026. The company said the increase is aimed at partially offsetting rising input costs and persistent inflationary pressures.

The Economic Times

Tripura attracted Rs 30,000 crore investment proposals last year with Rs 8,000 crore projects grounded: CM

Tripura is experiencing significant economic growth. The state attracted investment proposals exceeding Rs 30,000 crore, with over Rs 8,000 crore already implemented. Its Gross State Domestic Product has doubled in six years. The government is focused on inclusive development through initiatives like Lakshya 2047 and empowering women and youth. Medical…

The Economic Times

As women flock to free state buses in Bengal, private operators look for rescue plan

Private bus operators in West Bengal are facing significant revenue losses following the introduction of free travel for women on government-run buses. To mitigate these losses, operators are advocating for a "kilometre scheme" where the state integrates private buses into its fleet, offering a fixed payment per kilometre.

The Economic Times

Iran war puts Bangladesh’s nascent industrial dreams at risk

Bangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts from the Middle East conflict, leading to increased energy costs and power rationing. Businesses are investing in renewables and exploring domestic gas, but immediate challenges persist.

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Philippine defence chief vows to press on against China's 'wickedness' after sanctions

Philippine Defence Secretary Gilberto Teodoro will continue his duties despite China's sanctions. Beijing imposed penalties on Teodoro for his remarks about China's actions. Ties between the Philippines and China have worsened due to disputes in the South China Sea. Teodoro stated he will uphold the nation against Chinese aggression. Manila…

The Economic Times

BRICS agriculture ministers begin deliberations in Indore on food security, small farmers' welfare

BRICS agriculture ministers are meeting in Indore. India is chairing the two-day event. Key discussions focus on food security. The welfare of smallholder farmers is a priority. Greater participation of women and youth in agriculture is also on the agenda. The meeting aims to strengthen agricultural cooperation among member nations.…

The Economic Times

Four Indians feature in Forbes’ top 50 most successful immigrants in America

Four Indian-born business leaders, including Vinod Khosla and Naval Ravikant, have been recognized in Forbes' "America's Most Successful Immigrants" list. These entrepreneurs and investors have significantly contributed to the US technology and business sectors, with Khosla ranking highest at No. 14. Their inclusion highlights the vital role of Indian talent…

The Economic Times

Ahead of G7, Canadian PM Mark Carney softens tone toward Trump with trade talks at stake

Canadian Prime Minister Mark Carney faces a delicate balancing act. He previously challenged global powers but now moderates his tone towards US President Donald Trump. This shift is driven by crucial trade talks for the USMCA agreement. Canada's economic reliance on the US necessitates careful diplomacy. Carney is also seeking…

The Economic Times

West Indies beat Sri Lanka by seven wickets in opening T20 cricket match at Kingston, Jamaica

West Indies secured a seven-wicket victory against Sri Lanka in the first Twenty20 match. Rovman Powell hit the winning six in the final over. Shai Hope remained unbeaten with 65 runs. Earlier, Kamindu Mendis scored 51 for Sri Lanka. Jason Holder and Shamar Joseph took three wickets each for the…

The Economic Times

Hair loss due to soft drinks: Hair transplant surgeon explains whether drinking soda with meals can make you go bald

Cold drink causing hair loss: Daily cold drink habits might affect hair health. Doctors note a link between sugary beverages and conditions that hinder hair growth. A recent study found an association between high sugar-sweetened drink intake and male-pattern hair loss. Experts believe this connection is biologically plausible due to…

The Economic Times

Wealth Wisdom of the day: ‘Big money is not in buying and selling. But in…’ – What you can learn from Charlie Munger’s advice

Warren Buffett's business partner and the longtime Vice Chairman of Berkshire Hathaway - Munger – passed away in November 2023, but his astute words continue to reverberate with the investing community. Munger had often spoken about patience when it comes to real wealth creation.

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From white knuckles to open barbs, Trump, Macron bring rocky history to G7 summit

The bond between US President Donald Trump and French President Emmanuel Macron began with a firm handshake but has since seen open disagreements. Tensions are expected at the upcoming G7 summit in France. Early on, Macron managed Trump's mercurial nature, but the bromance has faded. Now, they openly trade barbs…

The Economic Times

Sectoral and thematic fund inflows plunge 67% to Rs 647 crore. Are investors turning away from thematic bets?

Sectoral and thematic mutual fund inflows saw a significant drop in May, falling by 67%. This decline suggests investors are moving away from concentrated bets towards diversified strategies. Experts believe this trend reflects a natural shift during market uncertainty. While some sectors show strong performance, others lag, making sector selection…

The Economic Times

Maharashtra Cyber books comic Pranit More, others over viral ‘obscene’ stand-up clips

Maharashtra Cyber has filed a case against comedian Pranit More and others. The FIR concerns allegedly obscene and objectionable content shared online. Videos circulating on social media platforms reportedly feature offensive remarks about women, consent, and deceased individuals. Summons have been issued to More, Jangra, and Pawar for questioning. The…

The Economic Times

Cricketer Shreyas Iyer takes a luxurious house on rent in Worli at Rs 18.5 lakh monthly rent with 7% annual escalation; check the rental trend in Mumbai

Indian cricketer Shreyas Iyer has secured a luxurious rental property in Worli, Mumbai. The apartment commands a monthly rent of Rs 18.5 lakh. This deal includes a 7% increase in rent each year for the duration of the lease. The property is a spacious 3,875 sq ft residence. It also…

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The Economic Times

Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay Capital

The round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others. The lead investors had also co-led the company's $10 million Series A in November 2024, along with Reddy. The founder, son of GVK Group vice chairman Sanjay Reddy, has transitioned…

The Economic Times

FIFA World Cup 2026 viral moment: South Korean reporter kissed live on air by Mexican fan, responds with cheerful 'Gracias'

FIFA World Cup 2026: A South Korean reporter covering the FIFA World Cup 2026 in Mexico was unexpectedly kissed by a fan during a live broadcast. The viral video sparked a global discussion on consent and double standards, with many users questioning the differing reactions based on gender. The incident…

The Economic Times

Who was Jaspal Rana? All about his wife Aarushie Verma, ex Reena Rana, family, children, father, awards and achievements

Jaspal Rana's Wife: Renowned Indian shooter and coach Jaspal Rana passed away at 49 after health complications. A former champion, Rana transitioned to coaching, significantly shaping India's next generation of pistol shooters. His legacy as a decorated athlete and influential mentor leaves a lasting impact on the sport.

The Economic Times

Did City Union Bank shares really crash 23% in one day? Here's how the bonus math works

City Union Bank shares appeared to fall 23% after turning ex-bonus following its 1:3 bonus issue, but the decline was purely technical. Adjusted prices show the stock actually gained on the day. The move reflects share price recalibration, not value erosion, while the bank continues to post steady financial performance.

The Economic Times

India raises price cap on cancer drugs to tackle shortage

India's drug price regulator has increased the ceiling prices of cancer drugs cisplatin and carboplatin by 50% to tackle shortages caused by a sharp rise in platinum costs. The National Pharmaceutical Pricing Authority (NPPA) approved the one-time hike in public interest after supply disruptions affected hospitals across the country.

The Economic Times

World Cup kicks off after high ticket prices, visa issues dog buildup

The 2026 World Cup, the largest in history, has commenced in Mexico City with co-hosts Mexico facing South Africa. Projected to generate a record $13 billion, the tournament has already encountered controversy regarding ticket prices and visa issues for officials and fans.

The Economic Times

Gold and silver ETFs gain up to 5% on US-Iran peace hopes. Should investors add exposure now?

Gold and silver ETFs gained sharply on Friday as precious metal prices rallied amid optimism over a potential US-Iran peace agreement. Experts advise investors to maintain 5–10% portfolio exposure through Gold ETFs and silver funds, using a staggered investment approach and avoiding panic-driven decisions.

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