Loud bang, flames: Aviation probe details SWISS flight engine failure in Delhi
Loud bang, flames: Aviation probe details SWISS flight engine failure in Delhi
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Loud bang, flames: Aviation probe details SWISS flight engine failure in Delhi
Japan has increased the maximum fees that foreign nationals may be charged for renewing or changing their residency status, with the new cap set at 100,000 yen ($630) for standard residency permits and 300,000 yen for permanent residency applications. according to a report by Nikkei Asia. The measure was approved by the Japanese parliament on Friday as the country prepares for a growing foreign resident population and plans new integration programmes. The previous upper limit for residency renewal or status-change fees was 10,000 yen. According to Japan's Immigration Services Agency, the revised fee structure reflects services provided to foreign residents. While the law sets the maximum amounts, the actual fees will be decided later through a cabinet order. Under the proposed structure, fees for standard residency permits will vary depending on the length of stay. A three-month residency period is expected to cost about 10,000 yen, while a five-year permit could cost around 70,000 yen. The current fee for in-person renewal applications is 6,000 yen regardless of the duration of stay. Additional revenue to fund integration measures The fee for permanent residency applications is expected to rise to about 200,000 yen. The government said reductions or exemptions will be available for applicants facing financial hardship, and the Immigration Services Agency plans to issue guidelines on eligibility for such relief. The higher fees could generate up to 90 billion yen in additional revenue. Japan's foreign resident population exceeded 4 million at the end of 2025, and the government said the funds will be used to strengthen measures that help foreign residents adapt to life in the country. Planned initiatives include expanding consultation services offered by local governments, improving Japanese-language education and supporting programmes that teach daily-life rules and customs. The government intends to introduce these educational programmes in phases beginning in fiscal 2028. The revenue will also help cover the costs of addressing illegal residency cases. Previously, fees collected were limited to covering administrative expenses such as personnel costs. Faster rollout of JESTA screening system The legal revisions also include changes affecting short-term visitors. Japan will introduce the Japan Electronic System for Travel Authorization (JESTA) as early as fiscal 2028, two years earlier than originally planned, as per Nikkei Asia report. Under the system, travellers from visa-exempt countries will need to submit information online before departure, including their travel purpose, occupation and accommodation details. Authorities will use the information to screen travellers before arrival. Airlines will be required to deny boarding to passengers who do not obtain authorization. The government said the system is expected to help prevent illegal stays while simplifying immigration procedures and reducing waiting times at airports. The legislation faced opposition from the Constitutional Democratic Party and the Japanese Communist Party, which argued that the fee increases would place an excessive burden on foreign residents. However, the measure was passed by parliament and is set to take effect as Japan continues to adjust its immigration and residency policies amid rising foreign arrivals and residency numbers.
Mojang has officially announced Minecraft's Chaos Cubed update, set for release on June 16, 2026. This highly anticipated update introduces the new Sulfur Caves biome with unique blocks like Sulfur and Cinnabar, potent sulfur hazards, and the innovative Sulfur Cube mob. Java Edition players will also finally receive a Friends List feature.
Ranveer Singh's olive branch to Farhan Akhtar over the ongoing 'Don 3' saga has been firmly declined. In an effort to smooth things over, Singh suggested a joint cinematic venture involving both Farhan and Zoya Akhtar, but Excel Entertainment wasted no time in rejecting the offer. Read the full article to know more about the dispute in detail.
Speaking directly to the media from the hospital courtyard, a visibly shaken Mamata revealed the harrowing details of the physical trauma endured by the TMC MP
Observers say the breakdown in Sonarpur occurred because the primary security perimeter failed to maintain a vital buffer zone between the arriving MP and the local population
Three storey building collapses in Delhis Saket area, several feared trapped, rescue teams and four fire tenders deployed, more details awaited
It seeks investigation into the reasons for the accident, whether the park received panchayatโs licence, details of those injured, and steps to prevent repeat of such accidents
The detailed field survey and preparation of drawings and related documents are set to resume along the 70-km stretch of the proposed alignment
The court has summoned all the accused persons on June 3 for formal framing of charges, a detail order is awaited
The Telangana Open School Society (TOSS) has officially announced the SSC (Class 10) and Intermediate (Class 12) Public examination results for 2026 on its website, telanganaopenschool.org. Students who appeared for these flexible learning examinations can now access and download their marks memos by entering their hall ticket details. Candidates can check the direct link to download hall tickets here.
India's Social Stock Exchange (SSE) is set to receive a fresh boost after the Ministry of Corporate Affairs (MCA) permitted companies to route a part of their Corporate Social Responsibility (CSR) expenditure through the platform. The change is expected to widen funding avenues for non-profit organisations and strengthen transparency and accountability in the social impact ecosystem.The MCA has amended Schedule VII of the Companies Act, 2013, to recognise investments in certain Social Stock Exchange instruments as an eligible CSR activity. As per a Gazette Notification issued on May 27, 2026, "subscription to zero coupon zero principal instruments on Social Stock Exchange" has now been added to the list of approved CSR activities.The amendment allows companies to allocate up to 10% of their total annual CSR budget towards not-for-profit organisations (NPOs) registered on the Social Stock Exchange through Zero Coupon Zero Principal (ZCZP) instruments.The Social Stock Exchange serves as a dedicated platform that connects social enterprises and NPOs with donors, investors and other funding sources. Unlike conventional stock exchanges, where investments are made with the expectation of financial returns, the SSE is designed to facilitate measurable social impact.According to the National Stock Exchange (NSE), the latest policy change could help scale up social financing in India by providing corporates with a regulated and disclosure-based channel to support impact-focused organisations. The exchange said the framework is expected to enhance transparency, credibility and the overall reach of funding within the social sector.The idea of a Social Stock Exchange was first outlined by Finance Minister Nirmala Sitharaman during the 2019 Budget, with the aim of bringing capital markets closer to the masses while advancing inclusive growth and financial inclusion.With the amendment now in place, companies can incorporate SSE-based contributions into their CSR programmes through a structured and regulated mechanism. NSE said the move is likely to improve funding access for verified NPOs, strengthen governance and disclosure standards, encourage outcome-oriented philanthropy and foster greater trust and accountability across the social impact landscape.Sriram Krishnan, Chief Business Development Officer at NSE, described the amendment as a significant development for India's social sector. He said the provision would enable corporates to channel CSR funds through a transparent, regulated and impact-driven platform, helping improve trust, accountability and access to capital for social enterprises.The MCA notification has come into effect immediately upon its publication in the Official Gazette.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
The Supreme Court had sought details from the government on the investigation into the NEET paper leak and the process being followed to reach conclusions in the probe.
The National Stock Exchange (NSE) has extended trading hours for the equity derivatives segment by 10 minutes, with the normal market closing time revised to 3:40 pm from the current 3:30 pm. The change will come into effect from August 3, 2026.According to an NSE circular, the pre-open session timings in the derivatives segment will remain unchanged, with trading beginning at 9:00 am and the pre-open session ending at 9:08 am through a system-driven random closure in the final minute. The normal market session will continue to open at 9:15 am.The trade modification window will also remain unchanged and will continue until 4:15 pm.There will be no change in the methodology used for computing closing prices of derivative contracts. NSE said the volume-weighted average price used for close price calculation will continue to be based on trades executed during the last half hour of trading, which will now be from 3:10 pm to 3:40 pm.The exchange added that the functional changes arising from the implementation will be made available for testing during mock trading sessions. A separate circular detailing the mock sessions will be issued later.The exchange will also broadcast a message on NEAT trading terminals at the start of the Closing Auction Session in the equity segment when the operating price range for stock futures is reset. As part of the process, outstanding orders lying outside the revised price range will be cancelled by the exchange in accordance with existing rules.
Rahul Gandhi sharply criticized Prime Minister Modi over the NEET UG paper leak, accusing him of personally supervising the exam's integrity. This follows the Centre's assurance to the Supreme Court about the upcoming re-examination. The apex court expressed concern for students, while the NTA detailed extensive security reforms and new safeguards implemented to prevent future irregularities.
Wall Street's main indexes hit record closing highs on โFriday and posted weekly and monthly gains as Dell results drove tech shares higher, while investors awaited details on a potential U.S.-Iran deal. President Donald Trump said in a social media post that he would make a final decision on the Iran deal on Friday. โTehran earlier said it โ was โ looking for action, not words, when it came to an agreement.Dell surged after raising its full-year profit and revenue forecasts on Thursday. The tech โsector climbed, fueled by gains in chip stocks.Peers Hewlett Packard Enterprise and Super Micro Computer gained. Microsoft climbed.The software services index โalso advanced.Earlier in the session, all three indexes hit intraday record highs, cruising on renewed optimism around AI and strong earnings growth, despite concerns about the Iran war's impact on inflation and the global economy.According to preliminary data, the โS&P 500 gained 16.11 points, or 0.21%, to end at 7,579.74 points, while โ the Nasdaq โComposite gained 53.74 points, or 0.20%, to 26,971.21. The Dow Jones Industrial Average rose 363.48 โpoints, or 0.72%, โto 51,032.45.EARNINGS-DRIVEN RALLY"There's definitely euphoric sentiment in the market around AI. The rally has really โ been driven by earnings," said Ohsung Kwon, chief equity strategist at Wells โFargo.He suggested investors buy and hold AI stocks, then earn extra income by โselling call options at prices much higher than the current stock price.Melissa Brown, head of investment decision research at SimCorp, said over the past few weeks volume has gone up, which suggests more people are coming into the market.The S&P 500 was on track for a ninth consecutive weekly gain, its longest winning streak since December 2023.The S&P 500 communications services sector dropped, as Alphabet declined. Consumer staples shares were weak with heavyweights Costco and Walmart both โdown.The S&P automaker index dropped after reports the Trump administration wants North American-built vehicles to have 82% regional content to qualify for preferential treatment under the U.S.-Mexico-Canada Agreement.Shares of General Motors and โU.S.-listed shares of Stellantis โfell. U.S. economic data on โ Thursday showed inflation increased at its fastest pace in three years in April, while GDP for the first quarter was revised lower to a 1.6% annual rise. The Fed's Kansas City President Jeffrey Schmid warned the energy shock may not โbe temporary. Vice Chair for Supervision Michelle Bowman said a persistent rise in inflation might require tighter monetary policy.Money markets expect the Federal Reserve to keep interest rates steady for the rest of the year, with expectations of a 25-basis-point hike in December. Among other movers, Gap shares tumbled after the apparel retailer cut its annual sales forecast, while American Eagle Outfitters dropped after keeping its annual comparable sales forecast unchanged.
A shocking quadruple murder has rocked Ajmer, with police confirming the deaths of a former sarpanch and three family members were not accidental but a planned act. Investigators allege the man's first wife and their two children are responsible, stemming from alleged domestic abuse following his second marriage. The victims' charred bodies were found in a burnt SUV.
US President Donald Trump said on May 29 that Iran must commit to never developing a nuclear weapon and ensure unrestricted shipping movement through the Strait of Hormuz, while indicating that discussions involving Tehran, Washington and international agencies were moving towards a possible understanding on key security issues in the region.In a post on Truth Social, Trump said the Strait of Hormuz should remain open without any restrictions or tolls for commercial shipping traffic in both directions. He also claimed that naval restrictions imposed earlier in the region would be lifted, allowing stranded ships to resume movement.Trump further said any water mines present in the strategic waterway would be removed or destroyed in coordination with Iranian authorities. He claimed that US naval operations had already neutralised several mines in the region.Also read | US inflation rises to 3.8% in April, highest level in nearly 3 years"The enriched material, sometimes referred to as โNuclear Dust,โ which is buried deep underground with virtually collapsed mountains, caused by our powerful B2 Bomber attack 11 months ago, sitting on top of it, will be unearthed by the United States (which, it is agreed, is the only Country, along with China, with the mechanical capability of doing so!), in close coordination and conjunction with the Islamic Republic of Iran, plus the International Atomic Energy Agency, and DESTROYED. No money will be exchanged, until further notice. Other items, of far less importance, have been agreed to," Trump's post read."I will be meeting now, in the Situation Room, to make a final determination. Thank you for your attention to this matter!" he signed off.The remarks come amid heightened geopolitical tensions in West Asia and renewed global concerns over Iranโs nuclear programme, maritime security and crude oil supply disruptions. The Strait of Hormuz remains one of the worldโs most critical oil transit chokepoints, handling a significant share of global crude and LNG shipments.Any disruption in the waterway has historically triggered volatility in international oil markets and raised concerns among major energy-importing nations, including India.Also read | US goods trade deficit narrows in April on strong exportsTrump also referred to Iranโs enriched nuclear material, saying the stockpile buried underground after a previous US B-2 bomber strike would be excavated and destroyed under international supervision. He said the process would involve close coordination between the United States, Iran and the International Atomic Energy Agency (IAEA).According to Trump, no financial exchange would take place as part of the proposed arrangement until further decisions are taken. He added that several other issues had also been agreed upon, though he did not elaborate on details.The former US president said he would meet officials in the Situation Room before taking a final decision on the matter.The comments assume significance as tensions between the US and Iran have remained elevated over Tehranโs nuclear activities, sanctions and regional security concerns. Recent developments in the Middle East have also intensified fears of escalation that could impact global trade routes and energy prices.International crude oil markets have remained highly sensitive to developments surrounding Iran and the Strait of Hormuz. Analysts have warned that any prolonged uncertainty in the region could affect fuel prices, shipping costs and supply chains globally.India, which imports a majority of its crude oil requirements, closely monitors developments in the Gulf region as volatility in oil prices has direct implications for inflation, fuel costs and the countryโs trade balance.