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Congress appoints 58 observers for Bihar Assembly polls

The Congress has intensified its preparations for the upcoming Bihar Assembly polls, scheduled for October-November, by appointing 58 AICC observers. This move follows the party's performance in the last elections where it won only 19 out of the 70 seats contested as part of the 'Mahagathbandhan' alliance.

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Monsoon havoc claims 34 lives, causes Rs 7,119 lakh loss in Himachal: State Disaster Management Authority

Himachal Pradesh has been severely impacted by the monsoon season, resulting in 34 fatalities and widespread destruction. The State Emergency Operations Centre reports cumulative damages exceeding Rs 7,119.27 lakh as of June 28, 2025. Infrastructure, private property, and livestock have suffered significant losses, prompting the government to issue high alerts and expedite relief efforts in affected areas.

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Apple spends half a billion dollars on California real estate in a week — is Tim Cook planning something big?

Apple has acquired a major two-building office campus in Sunnyvale for an impressive $350 million, according to county records filed on June 26.

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Trump claims he stopped India-Pakistan war by threatening to 'cancel all deals'

Donald Trump claimed he averted a potential nuclear war between India and Pakistan by threatening to halt trade with both nations. He stated that he instructed officials to cancel deals, leading to a cessation of hostilities. However, India maintains that the ceasefire understanding was reached through direct talks between military officials, initiated at Pakistan's request.

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Chaos in Belgium: Pro-Palestine activists sabotage military vehicles destined for Ukraine

Pro-Palestinian activists targeted Belgian defense companies, including OIP in Tournai, causing significant damage to military equipment intended for Ukraine. The activists, numbering around 100, broke into OIP, vandalizing property and delaying crucial deliveries. OIP's CEO stated that the company hasn't supplied Israel with weapons in over 20 years and condemned the actions as vandalism.

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Trump says plans a letter soon telling countries their tariff rate

President Donald Trump announced on Friday his intention to dispatch letters within the next week and a half, informing countries of the specific U.S. tariff rates they will be subjected to. During a White House news conference, Trump also mentioned ongoing efforts to negotiate trade agreements with several nations, including India, signaling a proactive approach to reshaping international trade relations.

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Last chance to claim your Fortnite refund – Act fast or risk missing out on free cash

Fortnite players, there is still time to claim a refund for unintended purchases. The US Federal Trade Commission extended the deadline to July 9. The FTC already distributed $126 million in refunds. You can apply if charged for unwanted items between January 2017 and September 2022. Claims can be filed online through the FTC website.

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PB Fintech founders sell over 1% stake for Rs 920 crore

PB Fintech's co-founders, Yashish Dahiya and Alok Bansal, sold a little over 1% stake in the company for ₹920 crore through open market transactions. Dahiya and Bansal offloaded 50.50 lakh shares, reducing their holdings. The shares were acquired by domestic mutual funds, insurance companies, and foreign investors, including Tata Mutual Fund and Goldman Sachs.

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Trump says US would protect NATO allies, recognizing that 'they love their countries'

NATO's annual summit highlighted the significance of Article 5, the alliance's collective security guarantee. While President Trump previously questioned its automatic application, he now seems to affirm the U.S. commitment to defending allies. Article 5, invoked only once after 9/11, underpins NATO's deterrent effect, but its application to Ukraine remains problematic due to ongoing conflict and undefined borders.

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US stocks mixed as Middle East tensions ease; Fed's Powell in focus

Wall Street experienced a mixed performance as investors monitored developments in the Middle East and analyzed Federal Reserve Chair Jerome Powell's testimony. While ceasefire optimism boosted risk sentiment, Powell's remarks on potential tariff-induced inflation tempered enthusiasm for immediate rate cuts. Sector performance varied, with real estate declining and information technology gaining.

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India should take steps to stop conflict: Mamata Banerjee

Amidst escalating Israel-Iran tensions, West Bengal's Chief Minister Mamata Banerjee urged India to employ diplomatic measures to de-escalate the situation, emphasizing India's historical role in the non-aligned movement. She addressed the assembly, clarifying her limited authority on external affairs while condemning the recent disruptive behavior in the assembly, which resulted in injuries to marshals and security personnel.

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S&P 500, Nasdaq near record highs, Dow Jones soars 500 points on Israel-Iran ceasefire hopes

Wall Street's S&P 500 approached a record high following a ceasefire announcement regarding Israel and Iran, coupled with Federal Reserve Chair Jerome Powell's cautious stance on interest rate cuts. Financial and technology sectors led the market rally, while energy stocks declined due to falling crude prices. Investors are also closely monitoring upcoming speeches from several central bank officials.

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World War III fears surge as 'spy' for Iran arrested for monitoring RAF base amid rising mid-east tensions

A British man has been arrested in Cyprus on suspicion of espionage and terrorism offences. The man is alleged to have kept the RAF Akrotiri base on the island under surveillance for Iran. Reports suggest that the the man is suspected to have links with Iran's Islamic Revolutionary Guard Corps. The man was allegedly planning an imminent terrorist attack and his arrest comes at a time when tensions in the Middle East are at an all-time high.

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US airlines at greater risk as global carriers bypass Middle East after attacks on Iran

Flight disruptions continue in the Middle East. Airlines are rerouting flights to avoid conflict zones. This follows missile exchanges between Israel and Iran. US actions may increase risks. Some airlines cancelled flights to Dubai and Doha. Evacuation flights are underway. Many people are stranded. Airlines are taking alternative routes. This increases fuel and crew costs. The situation remains fluid.

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'That moment when I didn't know how to be a journalist'

In the aftermath of the Air India flight AI171 crash in Ahmedabad, a journalist grapples with the ethical complexities of covering a tragedy. Amidst the chaos and grief, families search for closure while the world watches.

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8 National Parks in India for Wildlife Photography

Explore India’s rich biodiversity through these stunning national parks, perfect for capturing breathtaking wildlife shots.

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Israel hits nuke sites, Iran strikes hospital

Netanyahu has said that Israel's military attacks could result in the toppling of Iran's leaders, and Israel would do whatever is necessary to remove the "existential threat" posed by Tehran. US President Donald Trump, meanwhile, has kept the world guessing about whether Israel's superpower ally would join it in airstrikes.

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Tweet that cost a life: After Jamal Khashoggi, Saudi journalist’s online dissent ends in execution

Saudi journalist Turki al-Jasser was executed for criticizing the government on social media, drawing comparisons to the Jamal Khashoggi case. Al-Jasser's execution, the first high-profile case since Khashoggi's murder, highlights the severe consequences of dissent in Saudi Arabia. Saudi authorities tracked him down through infiltrated Twitter accounts, leading to his arrest, imprisonment, and eventual execution for treason.

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Solutions to problems can't come from battlefields, dialogue & diplomacy is only way: PM Modi in Croatia

Prime Minister Narendra Modi, during his visit to Croatia, emphasized that dialogue and diplomacy are the only solutions to global problems, whether in Europe or Asia. Both India and Croatia agreed to enhance defence cooperation and combat terrorism, recognizing it as an enemy of humanity.

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Spandana Sphoorty Financial plans Rs 750-crore capital raise with Kedaara Capital's equity infusion

Spandana Sphoorty Financial is considering a rights issue, potentially with Kedaara Capital's participation, to raise Rs 750 crore and bolster investor confidence after a significant annual loss and rising bad loans. The move mirrors Fusion Finance's experience, where a similar infusion led to a market capitalization jump. The microfinance sector faces broader challenges, including overleveraging and high NPAs.

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Trump assassination plot foiled, Ex-Coast Guard officer held; Kash Patel blasts ex-FBI chief Comey



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Netanyahu suggests killing Iran's supreme leader Ayatollah Ali Khamenei would end conflict

Israeli Prime Minister Benjamin Netanyahu suggested Monday that assassinating Iran's supreme leader Ayatollah Ali Khamenei would "end the conflict" between the two arch-foes. "It's not going to escalate the conflict, it's going to end the conflict," Netanyahu told ABC News in an interview when asked about reports that US President Donald Trump vetoed an Israeli plan to kill the supreme leader out of concern it would intensify the Iran-Israel showdown.

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Trump muses about turning the G7 back into the G8 - or even the G9 with China

Donald Trump proposed including Russia and maybe China in the G7. He mentioned Russia's removal in 2014 was a mistake. Trump believes his presence would have prevented the Ukraine war. He highlighted his communication with Vladimir Putin. Mark Carney emphasized the importance of US leadership within the G7. The summit addresses global issues like tariffs and the Israel-Iran conflict.

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Infosys, Wipro ADRs surge up to 3% as Wall Street major indices discount Israel-Iran tensions

Wall Street indices surged, boosting Infosys and Wipro ADRs. Dow, S&P 500, and Nasdaq also saw gains. Crude oil prices fell, easing global market concerns. Indian IT stocks led a domestic market rally, reversing a losing streak. Sensex and Nifty closed higher. Markets are cautiously optimistic despite ongoing Israel-Iran tensions, hoping for oil price stabilization after recent escalations.

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Donald Trump vetoed Israeli plan to kill Iran's supreme leader, US officials say

U.S. officials revealed that President Trump vetoed an Israeli plan to assassinate Iran's Supreme Leader Ayatollah Ali Khamenei. Trump administration officials stated that the U.S. wouldn't consider targeting Iranian political leadership unless Americans were harmed. The decision came amidst heightened tensions following Israeli strikes on Iran's nuclear program, leading to canceled U.S.-Iranian negotiations.

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Minnesota Lawmakers shot: Manhunt for alleged shooter intensifies in US after lawmaker killed, another wounded

Police and FBI agents waged a huge manhunt Sunday for a gunman who killed a Democratic state lawmaker and her husband in Minnesota in what officials called a politically motivated attack. Officials have issued security alerts in South Dakota and other states as the hunt proceeds, US Senator Amy Klobuchar of Minnesota said Sunday as she mourned her slain friend, Democratic state representative Melissa Hortman.

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Father’s Day weather forecast 2025: Rain, heat, and cool downs —What to expect and how to plan your celebration

As Americans prepare to honor fathers this weekend, weather variability will play a decisive role in shaping how celebrations unfold. Whether seeking sun or shelter, staying informed will be key to navigating the elements during this year's Father's Day weekend.

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Unaccounted income invested in Virtual Digital Assets on CBDT radar

The CBDT is actively investigating tax evasion and money laundering related to cryptocurrency investments by high-risk individuals. Many individuals have been identified for not complying with the Income-tax Act, 1961, specifically regarding Virtual Digital Asset (VDA) transactions.

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Adobe shares slump 7% as investors skeptical of quicker AI-adoption returns

Adobe's stock experienced a 7% drop due to investor apprehension regarding the timeline for AI integration to yield profits, despite an increased annual revenue forecast. Concerns about competitive pressures and the monetization of AI initiatives have led to lowered price targets from several brokerages.

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Our consulate in San Francisco closely monitoring situation: MEA on immigration crackdown by US government

India's consulate in San Francisco is closely monitoring the immigration crackdown in Los Angeles by the Trump administration. The Ministry of External Affairs has advised Indian nationals in the region to take suitable safety precautions.

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Finance Ministry eases rules for bonus share issue by companies in FDI-barred sectors

The finance ministry has amended rules, effective June 11, 2025, allowing Indian companies in restricted FDI sectors to issue bonus shares to existing non-resident shareholders, provided their stakes remain unchanged. This move aims to provide flexibility in equity restructuring and improve capital management, aligning with the DPIIT's April announcement and broader efforts to attract foreign capital.

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Five chapters finalised in India-EU FTA

India and the EU concluded five chapters, including intellectual property and trade facilitation, during the 11th round of FTA talks in New Delhi. Discussions also addressed easing certification processes under India's Quality Control Orders.

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For more accurate data, IIP to use chain-based approach

The government is set to revamp the Index of Industrial Production. A chain-based mechanism will be adopted for enhanced data accuracy. Weights will be revised more frequently, potentially every 1.5-2 years. The base year will be updated to 2022-23, with a new series expected in 2026-27. Retail inflation item weights will also be updated more regularly.

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We are 'really very near' to concluding FTA with EU: Piyush Goyal

Commerce Minister Piyush Goyal said India and the European Union are close to finalising a free trade agreement, with only a few issues remaining. Talks resumed in 2022 after a nine-year gap. The proposed deal covers 23 policy areas. In 2023-24, bilateral goods trade stood at $137.41 billion, and services trade at $51.45 billion.

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‘I would arrest Gavin Newsom...': Trump voices support for arresting California Gov. | LA protests



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All-party Parliamentary delegation led by Shashi Tharoor wraps up US visit

An Indian parliamentary delegation recently concluded a US visit. They met with US Vice President J D Vance and Deputy Secretary of State Christopher Landau. Discussions focused on India's firm resolve against terrorism originating from Pakistan. The delegation highlighted Operation Sindoor, launched after the Pahalgam attack. US officials reaffirmed support for India's counter-terrorism efforts and the strategic partnership.

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LA Riots LIVE | 2,000 National Guard deployed after anti-ICE protests | FBI hunts down rioters



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EC to share Maharashtra, Haryana voter rolls since 2009 on Cong plea

The Election Commission has approved the sharing of electoral roll data from 2009-2024 for Haryana and Maharashtra, fulfilling an assurance to the Delhi High Court. This decision follows a request from Congress leaders, including Randeep Surjewala, who sought the data to ensure electoral process transparency.

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Look forward to PM Modi's visit to Canada for G7: Former MP Chandra Arya

Chandra Arya anticipates Narendra Modi's Canada visit for the G7 Summit. He emphasizes shared values between India and Canada. Arya views India as a crucial partner for Canada. Mark Carney highlights India's essential presence at the G7. Discussions will cover security and energy. PM Modi acknowledged the invitation from his Canadian counterpart.

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Now the Musk–Bannon fight gets ugly: Elon abuses him on X as MAGA activist says Tesla CEO may imprison Trump

A heated feud has erupted between Elon Musk and Steve Bannon after Musk criticized Donald Trump's policies. Bannon retaliated by calling for Musk's deportation and the seizure of SpaceX, accusing him of potentially influencing future elections. Musk responded with harsh insults on social media, labeling Bannon a "communist retard" and a "criminal."

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‘Not to please Trump’: Mexico’s President Claudia Sheinbaum claims 40% drop in fentanyl trafficking



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SBI MF, Goldman Sachs, others buy 1.8% stake in Bajaj Finserv for Rs 5,506 crore

Major deals occurred in the stock market. Big investors like SBI MF and Morgan Stanley bought a stake in Bajaj Finserv from its promoters. The deal was worth Rupees 5,506 crore. Similarly, Wabco Asia sold part of its stake in ZF Commercial Vehicle for Rupees 792 crore.

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Tesla stock slides over 8% after Elon Musk criticizes Donald Trump, President says he's disappointed

Tesla shares plummeted by over 8% following escalating tensions between CEO Elon Musk and President Donald Trump. Musk's criticism of Trump's tax legislation, labeling it a "disgusting abomination," ignited the conflict. Trump expressed disappointment, claiming Musk opposed the bill only after learning about the electric vehicle mandate cuts.

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ET Market Watch: Markets Surge! Sensex at 81K, Nifty Near 25K | RBI Rate Cut Hopes Boost Sentiment



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Tripura Police detains 13 members of Bangladeshi outfit

Tripura Police apprehended thirteen members of a Bangladesh-based organization following a raid in West Tripura. Suspected to be part of a Chakma community group from the Chittagong Hill Tracts, they had reportedly crossed into India seeking medical treatment for injuries sustained in clashes with a rival group. Authorities plan to return them to Bangladesh.

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OECD pegs FY26 India growth at 6.3%

The OECD projects India's economic growth to remain strong and stable, forecasting a GDP growth of 6.3% in FY26 and 6.4% in FY27, driven by private consumption and lower income taxes. While global economic growth slows due to tariff wars, India's growth is expected to be largely unaffected.

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India seeks WTO consultations with Indonesia on cotton yarn safeguards

India has requested consultations with Indonesia under WTO rules regarding the extension of safeguard measures on cotton yarn, citing its significant trade interest in the textile product. Indonesia's decision was influenced by an unexpected surge in Indian cotton yarn exports. India proposes virtual consultations in June 2025 to review information and exchange views on the measure's extension.

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Nobody Wants This Season 2 Release date — Love triangle ahead for Joanne and Noah?

With Nobody Wants This Season 2 officially set for a fall release, fans can look forward to revisiting a love story that balances modern complications with timeless charm. Here’s what you can expect from Noah and Joanne’s love story.

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ET Market Watch: D-Street flat despite GDP boost; tariff worries drag IT & metal stocks



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Saudi Arabia stops 269,678 Muslims without Hajj permits from entering Mecca

Saudi Arabia has stopped over 269,000 individuals without Hajj permits from entering Mecca, as authorities intensify efforts to curb unauthorized pilgrimages. The government attributes overcrowding and heat-related deaths to these participants. Fines and deportation await those performing Hajj without authorization, with penalties also imposed on Saudi residents and Hajj companies violating regulations.

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ET Graphics: Rajnath Singh draws new redlines with Pakistan post-Operation Sindoor

Defence Minister Rajnath Singh has articulated India's revised approach towards Pakistan following Operation Sindoor, emphasizing clear redlines. He underscored the Indian Navy's potential impact, referencing the 1971 war, and limited dialogue to terrorism and PoK. Singh asserted India's restraint during strikes, highlighting the operation's ongoing nature and warning of stronger future actions if provoked.

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