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The Latest Breaking News from The Economic Times

Karnataka CM DK Shivakumar visits MLA K Shadakshari in Delhi hospital, wishes speedy recovery

Karnataka Chief Minister D K Shivakumar visited MLA K Shadakshari in a Delhi hospital. He also met Union Finance Minister Nirmala Sitharaman. Earlier, Shivakumar met Prime Minister Narendra Modi. They discussed Karnataka's development and sought central support. Shivakumar expressed optimism for building a stronger Karnataka.

The Economic Times

Nifty in control of FIIs? The unlucky 13 bluechips facing the hardest institutional selloff

Foreign investors have significantly reduced holdings in many Nifty companies since September 2024. This has impacted top blue-chip stocks, causing market returns to stagnate. Domestic institutional investors have stepped in, absorbing much of this selling pressure. Experts suggest this is a market recalibration, not a complete exit from India. Investors…

The Economic Times

Jaspal Rana Death Reason: What happened to Asian Games gold medalist, renowned shooter and Manu Bhaker's coach?

Jaspal Rana death news: Renowned Indian shooter and former Asian Games gold medallist Jaspal Rana has passed away at 49 after a sudden medical emergency. He fell unwell while returning from the ISSF World Cup in Munich, leading to a medical intervention that sadly proved unsuccessful. Rana was a celebrated…

The Economic Times

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Netanyahu says Trump assured him final Iran deal will mandate removal of enriched uranium

President Trump assured Prime Minister Netanyahu that a deal with Iran would ensure Tehran surrenders its nuclear stockpile. This understanding would also limit Iran's nuclear and missile programs. Iranian officials, however, have not confirmed a final agreement. The US president previously threatened military action but later called it off due…

The Economic Times

Jaspal Rana Dies: Manu Bhaker's mentor, Indian shooting stalwart passes away at 49

Jaspal Rana Death News: India mourns the loss of Jaspal Rana, a legendary shooter and coach. Rana, a former Asian Games gold medallist, passed away at 49. He was a pioneer in Indian pistol shooting and mentored many elite athletes. His contributions significantly shaped India's success in the sport. Rana…

The Economic Times

SpaceX IPO: Giant Elon Musk protest effigy stuns Times Square in New York, has a warning for investors. Watch video

SpaceX IPO: A giant inflatable Elon Musk appeared in New York City ahead of SpaceX's historic IPO, not as a celebration, but as a protest. Organized by Safe AI Now, the display highlighted concerns over SpaceX's AI chatbot, Grok, and its potential to generate harmful content, warning investors of associated…

The Economic Times

Japan flagship H3 rocket successfully launches after earlier failure

Japan's H3 rocket has achieved a successful launch. This marks a significant comeback after a previous mission failure. The rocket carried six small satellites into orbit. This development is crucial for Japan's space industry. The H3 rocket aims to compete internationally and could support future lunar missions. JAXA is targeting…

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States challenge Nasdaq, FTSE Russell for fast-tracking SpaceX

Letters to both companies seen by Reuters on Thursday raise concerns about the impact Elon Musk's rocket and satellite communications company could have on other investors through its record-breaking $75 billion debut.

The Economic Times

South Korea concrete delivery halt threatens Samsung, SK Hynix chip plant work: Report

The National Ready-Mixed ‌Concrete Transport ⁠Workers' ⁠Union suspended deliveries in the Seoul metropolitan area starting on Monday, a work stoppage it said would involve around 8,000 members as it demanded higher rates and other changes. The National Ready-Mixed ‌Concrete Transport ⁠Workers' ⁠Union suspended deliveries in the Seoul metropolitan area starting…

The Economic Times

US-based Tryfacta files draft papers for $100-150 million GIFT City IPO

US-based Tryfacta Inc is set to become the first US-headquartered company to list its equity shares in India through GIFT City, filing draft papers for a USD 100-150 million IPO. The offering includes a fresh issue and an offer for sale, with proceeds to fund growth and working capital.

The Economic Times

FIFA World Cup 2026: South Korea defeat Czechs to make strong start

South Korea secured a 2-1 victory over the Czech Republic in their World Cup opener, with substitute Oh Hyeon-gyu scoring the late winner. Despite dominating possession and creating numerous chances, the Koreans were initially punished by a Czech goal. Hwang In-beom equalized before assisting Oh's decisive strike.

The Economic Times

ET Alpha Wealth Summit Fireside | Never sell because you're bored': PPFAS CIO Rajeev Thakkar's 6-point guide on when to exit an investment

Rajeev Thakkar, CIO at PPFAS Asset Management, highlighted selling skills at the ET Alpha Wealth Summit. He stated that investors often sell for wrong reasons like boredom or reacting to news. Thakkar outlined six valid reasons to sell, including needing capital for better opportunities, cutting losses, fraud, structural disruption, extreme…

The Economic Times

Former South Korea President Yoon Suk Yeol gets 30 years over North Korea drone incident

Former South Korean President Yoon Suk Yeol received a 30-year prison sentence. This conviction stems from sending military drones into North Korea. Prosecutors stated this action was intended to justify a failed martial law declaration. The drone flights heightened tensions between the two nations. Yoon is already serving a life…

The Economic Times

Ukrainian proverb of the day: 'If you marry a young woman, make sure your friends...' Life lessons on marriage, relationships, love, privacy, gossip, jealousy, friendship, trust and human nature

Ukrainian proverb of the day highlights lessons about marriage, relationships, love, privacy, gossip, jealousy, friendship, trust and human nature. The proverb advises couples to protect their relationship from outside interference. It explains how unwanted opinions, gossip and temptation can affect trust between partners. The saying remains relevant because many modern…

The Economic Times

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TMC Lok Sabha mass exodus: 19 MPs including Saayoni Ghosh and Satabdi Roy sign dissent note to Speaker

Trinamool Congress is in significant internal turmoil. Several MPs have sought separate seating in Lok Sabha, signaling a split. Rajya Sabha MPs are resigning, raising questions about party unity. Rebel leaders deny merger talks with Congress but claim strong MLA support. Speculation of alignment with NDA is also rife.

The Economic Times

Silver soars nearly Rs 10,000 in 2 days, gold prices extend gains on Iran peace deal optimism. Big rally brewing?

Gold and silver prices extended gains for a second straight session on MCX on Friday, with silver rising 2% and gold gaining Rs 649, as falling crude prices and hopes of a US-Iran peace deal lifted sentiment. Silver has climbed 4% in two days. President Donald Trump said a deal…

The Economic Times

Why market rallied today? Sensex zooms 1,700 points, Nifty closes above 23,600. 4 key factors behind Rs 10 lakh crore gains

Sensex and Nifty surged 2% each, adding Rs 10 lakh crore in market cap, as easing oil prices and US-Iran peace hopes boosted sentiment. Broad-based gains, a stronger rupee and global market rally supported the upmove, while analysts remain cautious on geopolitical risks.

The Economic Times

IRCTC new website launch date announced by Ashwini Vaishnaw : Faster ticket booking, tatkal booking status, seat choice feature and more

New IRCTC Website launch: Indian Railways is set to launch a revamped IRCTC website by July 15, promising a significantly smoother online ticket booking experience. The upgrade boasts a five-fold increase in booking capacity and a ten-fold jump in enquiry speed. Passengers can anticipate new features like seat choice, a…

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The Economic Times

Best value funds to invest in June 2026

Value investing has dominated the Indian stock market, with value funds delivering strong returns while growth funds lagged. Investors are advised to understand the merits and demerits of this strategy, as it requires patience and may involve periods of underperformance. A maximum of 20% investment in value funds is recommended.

The Economic Times

'Historic opportunity': Slovak envoy hails PM Modi's first-ever visit to Slovakia

Slovak Ambassador to India Robert Maxian welcomed Prime Minister Narendra Modi's upcoming state visit to Slovakia from June 14-16, calling it a "historic opportunity" to further strengthen ties between the two nations.

The Economic Times

Dabur India shares in focus after US FDA places drugs from Silvassa plant under import alert. Here’s why

Dabur India shares are set to be in focus after the US FDA issued an import alert on drugs manufactured at its Silvassa plant, citing data integrity lapses. The company said the impact is limited to a small portion of operations, while broader business and domestic sales remain unaffected.

The Economic Times

Science fiction? Musk's 'lofty' SpaceX goals seem unrealistic, skeptics say

SpaceX has achieved much, but experts question its ambitious future goals. Plans for Mars colonies and orbital AI data centers face technological and economic hurdles. While Starship development continues, challenges remain for deep space travel. NASA's involvement may be crucial for colonization. The company's IPO provides resources, but future success…

The Economic Times

ICC Women's T20 World Cup 2026 Schedule: Check full tournament dates, when and where to watch India’s matches, groups, venue, final date

Women's T20 World Cup 2026 Schedule: The ICC Women's T20 World Cup 2026 is set to begin on June 12 in England and Wales. India will play its opening match against Pakistan on June 14. Twelve teams will compete in 33 matches. India aims for a strong performance after missing…

The Economic Times

Hexagon Nutrition shares list at 7% premium over IPO price on bourses

Hexagon Nutrition debuted at a premium of up to 7.2% over its IPO price, in line with grey market expectations. The Rs 138.9 crore issue was subscribed 53.68 times, driven by strong NII demand. The nutrition-focused company reported improved profitability and exports products to over 75 countries.

The Economic Times

Geopolitical crises, economic cooperation, artificial intelligence to be key focus areas of G7 meet in France: Sources

The 52nd G7 Summit in Evian, France, will focus on geopolitical crises, economic cooperation, AI, and developmental partnerships. Discussions will include Ukraine, Middle Eastern countries, and global imbalances with invited nations like India. Key themes are concrete measures, reconvergence, and international action on ongoing crises.

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