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EXPLAINED: 6 - The Real Truth

What is Warren Buffett’s best investment ever? It is not a stock

Warren Buffett, renowned for his stock market acumen, reveals his greatest investments weren't financial assets. He considers his wedding rings and marriage licenses as his top investments, followed by his Nebraska home. Buffett also highlights Benjamin Graham's 'The Intelligent Investor' as a pivotal investment that shaped his value investing philosophy.

The Economic Times

CM Revanth Reddy slams PM Modi over petrol, diesel price hike, seeks immediate rollback

Telangana Chief Minister A Revanth Reddy has demanded the central government roll back the recent increase in petrol and diesel prices. He stated the hike is unjustifiable and will negatively impact various sectors. Reddy claimed the decision, made shortly after election results, betrays public trust. He also highlighted the weakening…

The Economic Times

Taiwan presses case for US arms after Trump says he's undecided on new sales

Taiwan's deputy foreign minister emphasized that U.S. arms sales are crucial for regional peace. This comes after President Trump expressed uncertainty about future weapons sales to the island. China continues its military pressure around Taiwan. Taiwan maintains its stance as a sovereign nation. The island's people alone decide its future.

The Economic Times

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Nifty faces bearish grip: Key levels to watch and top 3 stock picks for next week

Nifty faces bear control after a weekly slide. The IT sector is under pressure, and Kaynes stock has stumbled. Analysts highlight support at 23,500 for Nifty. Selective buying is advised in Marico, Arvind, and Triveni Turbine for the upcoming week. These stocks show potential for upside movement.

The Economic Times

UAE rejects Iran's 'direct involvement' claims in West Asia conflict, says allegations will not shake its "principled positions"

The UAE has vehemently rejected Iran's accusations of direct involvement in aggression against Tehran during the West Asia conflict. Minister of State Khalifa Shaheen Al Marar asserted that such claims would not sway the UAE's principled stance or sovereign decision-making, while also accusing Iran of repeated attacks on Emirati infrastructure.

The Economic Times

New York rail strike leaves 2,50,000 commuters scrambling for alternatives

Long Island Rail Road workers are on strike. This has halted New York's busiest commuter rail system. About half of the system's 7,000 workers are involved. Negotiations for a new contract failed. Commuters face significant disruption. Many will seek alternative transport. Some may work from home. The dispute centers on…

The Economic Times

IDFC First Bank case: Haryana govt gives go-ahead to CBI to probe 5 IAS officers' role

The Haryana government has approved a CBI probe into five IAS officers concerning a Rs 590-crore IDFC First Bank fraud. This permission allows the CBI to question the officers. The investigation stems from alleged misappropriation of government funds. Searches have been conducted, and financial records seized. Sixteen individuals have been…

The Economic Times

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From cost centre to strategic lever: The new workplace contract taking shape in India

Companies are adopting flexible plans, preventive care, and digital delivery. This creates a new partnership between employers and employees, focusing on shared responsibility and smarter benefit design for a resilient workforce.

The Economic Times

CBSE Digital Evaluation issues 2026: Some students who cleared JEE Main claim they failed Class 12 board exams, CBSE responds

CBSE revaluation 2026: CBSE has addressed student concerns regarding the Class 12 results and its On-Screen Marking system, particularly for science subjects. The board defended the OSM system's fairness and transparency, urging dissatisfied students to apply for re-evaluation starting May 19. This comes as the pass percentage saw a seven-year…

The Economic Times

212% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.12 lakh

The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bond (SGB) 2020-21 Series-VIII, allowing investors to redeem from May 18, 2026. A Rs 1 lakh investment in this SGB, issued at Rs 5,127 per gram, has grown to approximately Rs 3.12 lakh, yielding a 212.30%…

The Economic Times

‘Those who want to leave can leave, the rest of us will rebuild TMC’: Mamata Banerjee amid internal churn in TMC

Following an electoral defeat, Mamata Banerjee urged Trinamool Congress candidates to rebuild the party, stating those wishing to leave are free to do so. She vowed to revive the organization, emphasizing unity and resilience despite a significant loss in the recent assembly polls. The party maintains the people's mandate was…

The Economic Times

Quote of the day by Sir David Attenborough: ‘We have come as far as we have because we are…’ – Natural historian’s take on why wisdom must guide humanity’s future

Human intelligence brought progress but also risks. Sir David Attenborough highlights this. He stresses that wisdom, not just intelligence, is needed for survival. Our actions have led to rising global temperatures. The natural world is changing and we depend on it. Saving our planet is a communication challenge. People must…

The Economic Times

Institutional investors flocked to establish new stakes in semiconductor firms in first quarter

Institutional investors actively bought shares in semiconductor companies such as Micron and Intel during the first quarter. This move positioned them to benefit from a significant market rally. Demand for memory chips, fueled by AI development, drove substantial gains. Investors also showed interest in AI infrastructure and data center companies.…

The Economic Times

Wall Street Week Ahead: Nvidia, retailer reports to shed light on AI boom, consumer spending

Stock markets are reaching new highs. Investors are watching for Nvidia's earnings report this week. This will show the strength of the artificial intelligence boom. Retailers like Walmart will also report. Their results will reveal how consumers are spending amid rising prices. These reports will be crucial for the market's…

The Economic Times

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The Economic Times

Arm Holdings to face US antitrust probe over chip tech: Report

The US Federal Trade Commission is investigating Arm Holdings. The probe focuses on Arm's licensing of its chip technology. Regulators want to know if Arm is illegally monopolizing parts of the semiconductor market. This scrutiny is part of global attention on Arm's business practices. Arm faces similar investigations in other…

The Economic Times

'Nothing from China allowed on the plane': Trump team dumps Chinese-issued phones, badges and gifts before boarding Air Force One

US officials and press accompanying President Trump reportedly discarded all Chinese-provided items, including phones and badges, before departing Beijing. This move underscores deep mistrust and stringent cybersecurity fears, with delegation members using only burner phones. The actions occurred despite public cordiality during Trump's visit, highlighting underlying tensions.

The Economic Times

ISIS second in command Abu-Bilal al-Minuki eliminated: Trump

United States President Donald Trump announced the elimination of Abu-Bilal al-Minuki, the global second-in-command of ISIS. American and Nigerian forces conducted a complex mission to remove the terrorist from the battlefield. Al-Minuki was reportedly planning operations targeting Americans and terrorizing people in Africa. His removal significantly diminishes ISIS's global operations.…

The Economic Times

SpaceX accelerates IPO timeline, targets June 12 listing on Nasdaq

SpaceX is preparing for a major stock market debut. The rocket and satellite maker plans to list its shares on the Nasdaq exchange as early as June 12. This highly anticipated IPO could be the largest ever, with a target valuation of $1.75 trillion. The company has accelerated its timeline,…

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The Economic Times

Vat Savitri vrat katha: How Savitri’s devotion moved Yama and saved her husband Satyavan- the inspiring story behind one of Hinduism’s most sacred festivals

Vat Savitri Vrat Katha: Vat Savitri Vrat is a sacred festival observed by married Hindu women for their husbands' longevity. The story recounts Princess Savitri's unwavering devotion to Satyavan, whom she chose as her husband despite a prophecy of his short life. Her steadfastness and love impressed Yama, the god…

The Economic Times

Starbucks to open first corporate office in India for tech jobs

Starbucks is establishing its first corporate technology office in India, aiming for fiscal year 2027 to bring outsourced roles in-house and reduce costs. This move is part of a broader strategy to cut $2 billion in expenses and decrease reliance on external service providers, following recent layoffs and a shift…

The Economic Times

Rising oil prices, gold imports to widen trade deficit, CAD may touch 1.5-2% of GDP: ICICI Securities

With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India's current account deficit could rise meaningfully this year, ICICI Bank Global Markets warns. While resilient services exports should offer some cushion, the brokerage expects the current account deficit (CAD) to settle between 1.5-2…

The Economic Times

Himanta Biswa Sarma’s son Nandil Biswa Sarma completes Ironman Vietnam: The journey from Doon School to global endurance race

Assam Chief Minister's son, Nandil Biswa Sarma, has successfully completed the demanding Ironman Vietnam challenge, a feat achieved in approximately 16 hours. This accomplishment follows his earlier success at the Ironman 70.3 in Bahrain. Nandil, currently studying law, has previously indicated no immediate plans for a political career, a sentiment…

The Economic Times

Trump returns from China visit, calls meeting with Xi 'G-2'

President Trump returned from China, announcing significant trade deals including 200 Boeing aircraft sales and agricultural support. He described his meetings with President Xi Jinping as a "G-2" moment, potentially easing tensions over Taiwan during his term. Trump also extended an invitation for Xi to visit Washington.

The Economic Times

UK Renters Right Act: Landlord can’t evict tenants during 12 months protected period; Here’s when landlords can get possession of the property

England's new Renters Right Act offers tenants a 12-month eviction shield at tenancy start. Landlords cannot evict for personal use or sale during this period. New rules expand grounds for landlord possession, including tenant fault like rent arrears or antisocial behavior. Strict notice periods and court processes apply. This aims…

The Economic Times

Quote of the day by Charles Darwin: “If I had my life to live over again, I would have made a rule to read some...” — The profound wisdom from the evolution pioneer: Ignoring music, poetry, and beauty can slowly rob the human soul of happiness

Charles Darwin quote of the day is gaining fresh attention in 2026 as millions struggle with burnout, stress, screen addiction, and emotional fatigue. In The Autobiography of Charles Darwin, Charles Darwin admitted he regretted not reading more poetry and listening to music every week. The quote now connects deeply with…

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