Smita Pandey Appointed Kolkata Civic Body Administrator After Mayor Firhad Hakim Steps Down
According to the order, Smita Pandey has been appointed administrator of the civic body until fresh elections, which are due later this year.
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According to the order, Smita Pandey has been appointed administrator of the civic body until fresh elections, which are due later this year.
Chinese Foreign Ministry spokesperson Lin Jian said Beijing was ready to maintain communication with both India and Russia to advance cooperation.
Several months later, in February 2026, the accused allegedly re-established contact.
The NEET-UG, 2026 retest question papers will be transferred by the IAF to 18 Air Force stations across the country, which will later be transported securely to the different examination centres
Finance Secretary tasked with studying how to compensate KSRTC for revenue loss resulting from scheme implementation, says Transport Minister C.P. John
Shares of TCS, India's largest IT services company, plunged 2% to an intraday low of Rs 2,144 on the BSE on Monday as a surge in U.S. bond yields reignited concerns that the Federal Reserve may be forced to raise interest rates later this year. With today's decline, the stock has lost 12% over the last four trading sessions.Higher U.S. bond yields and expectations of tighter monetary policy are generally seen as negative for Indian IT stocks. They tend to compress valuations of growth-oriented companies, raise concerns about slower technology spending by U.S. clients, encourage businesses to focus on cost optimization rather than expansionary IT investments, and can trigger foreign investor outflows from emerging markets.The weakness in TCS also follows a sharp relief rally in IT stocks last week. The sector has remained under pressure through much of 2026 amid growing concerns that rapid advances in artificial intelligence could disrupt the traditional software services business model.Should you buy TCS shares?โWe recommend avoiding TCS for now as the major trend is bearish,โ Sudeep Shah, Vice President and Head of Technical & Derivatives Research at SBI Securities told ETMarkets. According to Shah, momentum indicators have weakened considerably, with the RSI turning lower after nearing the 60 level, suggesting fading bullish strength. He also pointed out that the stock has slipped below the Bollinger Band midline, an important support level often tracked by technical analysts. With the latest decline, TCS has fallen below several key short- and long-term moving averages, indicating a weakening trend.Harshal Dasani, Business Head at INVasset PMS, said the stock's technical setup has shifted from weakness to a test of a potential breakdown. According to him, the 9% decline following a 6.53% rebound in the last week suggests the earlier recovery was merely a dead-cat bounce rather than evidence of fresh buying interest. "When a large-cap stock gives up a relief rally this quickly, the market is not reacting to a single negative headline. It is repricing the entire low-growth IT model," Dasani said.On the upside, he sees the Rs 2,400-2,450 range as a significant supply zone, since the recent recovery attempt stalled in that region. Dasani added that until TCS manages to reclaim this band with strong participation, any rallies are likely to face selling pressure.TCS share price performanceTCS shares have fallen over 32% since the start of the year and about 37% in the last 1 year.TCS reported a 12% year-on-year rise in consolidated net profit at Rs 13,718 crore for the fourth quarter, while revenue from operations increased 10% YoY to Rs 70,698 crore. The company also announced a final dividend of Rs 31 per share.During the quarter, TCS secured three large deals, taking the total contract value to $12 billion for the period. On a quarter-on-quarter basis, revenue grew 5.4%, while constant currency growth came in at 1.2%, broadly in line with expectations. Operating margin for the January to March quarter stood at 25.3%, up 10 basis points from the previous quarter. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
New Delhi: Jack Danielโs whiskey maker Brown-Formanโs India managing director Gaurav Sabharwal said the US spirits company is โkeenly watchingโ developments on the India-United States trade deal. โThe positive signs have been there. We are very keenly watching that space because most of our business comes from American whiskey.โ The first phase of the bilateral trade agreement between the two countries may be finalised by mid-July, according to government officials. While the US and India discussed a possible trade deal earlier this year, discussions slowed down amid talks on sweeping tariffs.Brown-Forman, which operates as a 100% subsidiary in India, imports its full portfolio and doesnโt manufacture locally as of now. โFrom an overall impact, with inflation going up, petrol prices, transportation - that is going to put some pressure. The other is that as the consumers start looking at fighting inflation, discretionary spend is obviously the first thing that takes a knock. So we are keeping a close watch.โSabharwal said the West Asia war has โso far, not impacted its business in India, adding though that the spirits maker is keeping a close watch on any ripple effect that inflation and supply disruptions may have.โThe Kentucky-based spirits maker recently rejected two potential deals - a nearly $15 billion takeover offer from the US bourbon whisky maker Sazerac and merger talks with French spirits company Pernod Ricard. Last week, the spirits maker reported better-than-expected sales for the March โ26 quarter aided by steady demand for premium spirits, but cautioned about impact on consumer spending behaviour for the year. "We anticipate the operating environment for โfiscal 2027 to remain challenging, as macroeconomic pressures and geopolitical instability continue to negatively impact consumer behaviour and beverage alcohol consumption, particularly within developed markets," the company said in its earnings statement.Sabharwal said ready-to-drink concepts like Jack & Coke โare a growing space in India, but small.โ India had introduced Jack & Coke about three years back in select markets such as Goa, Haryana and Bengaluru. โIt's something which works pretty well with the legal drinking age - 25-30 years old. RTD is a growing space, but a smaller space as far as the Indian spirits and beer consumption goes. So we are still figuring out the rollout plan because one of the critical things is to get the pricing right and obviously one has to make the margins as well. The demand is there, but we just need to manage the system a little better.โ BrownโForman Corporation reported fourth quarter net sales increase by 2% to $912 million compared to the same year-ago period. Operating income decreased 53% to $96 million.For the India unit, while the mainstay remains Jack Danielโs, Sabharwal said the company is gradually building its portfolio to include Woodford Reserve and Herradura.โOne of the biggest mindset shifts is that the propensity to spend has gone up pretty much over the last 10 years. It's about people getting into the legal drinking age and numbers estimate that over the next five years we are going to be adding 20 million people into the legal drinking age every year. The legal drinking age will move anywhere between 18 to 25. Then there is change in social conditioning. Penetration numbers are also increasing. So you have a huge cohort coming in,โ he said.
This come ahead of a planned visit to Jakarta next month by Prime Minister Narendra Modi that is expected to focus on advancing trade and security ties.
It took the courts over three decades to sentence an 85-year-old man to three years in jail in an attempt-to-murder case in Biharโs Vaishali district. A report on the story behind the judgement and the area, which police say is overrun by country-made guns and illicit liquor
Indonesian Foreign Minister Sugiono and External Affairs Minister S Jaishankar
US President Donald Trump stated that sanctions relief and asset unfreezing for Iran are contingent on a peace deal, with potential future concessions if Tehran "behaves." He clarified Lebanon's exclusion from short-term agreements. Trump emphasized Iran's need to face consequences after decades of perceived impunity, noting the conflict's 100-day mark without a permanent resolution.
India and Indonesia held extensive discussions covering the full spectrum of bilateral cooperation โ from political to defence and security, maritime trade and investments, to healthcare, pharmaceuticals and food security
According to a public notice issued by the agency, the re-examination will be conducted in pen-and-paper mode from 2 pm to 5:15 p.m. across 551 cities in India and 14 cities abroad
Apple is expected to use its Worldwide Developers Conference (WWDC) on June 8 to make a fresh push into artificial intelligence (AI), with a Siri overhaul that has been long pending, new AI-powered tools and iOS 27 likely to take centre stage.The event comes at a crucial moment for the iPhone maker. Nearly two years after unveiling Apple Intelligence, Apple is still facing criticism for delayed features and a Siri revamp that never fully materialised. Now, according to Bloomberg's Mark Gurman, the company is preparing its biggest Siri upgrade in years as it looks to catch up with rivals such as Google Gemini, ChatGPT and Samsung's Galaxy AI.Also Read: ET at Appleโs Bengaluru developer showcase: The apps headed to WWDC 2026New Siri expected to be the biggest WWDC 2026 announcementAt the heart of Apple's plans is a redesigned Siri that is expected to move beyond simple voice commands and become a more capable AI assistant.The new Siri could gain the ability to understand what's on a user's screen, pull information from emails, notes, calendars and contacts, and perform actions across apps. Users may also be able to issue multiple commands in a single prompt. For instance, asking Siri to check the weather, schedule a meeting and send a message at the same time. Many of these features were originally previewed in 2024 before being repeatedly delayed.Apple is also reportedly working on a dedicated Siri app that would function more like ChatGPT or Gemini. The app could allow users to hold ongoing conversations, upload files and photos for analysis, access chat history and sync conversations across devices through iCloud. Apple is even said to be testing support for third-party AI models including Claude and Gemini alongside ChatGPT.iOS 27 may focus on performance, battery life and reliabilityWhile AI is expected to dominate the keynote, iOS 27 itself may be less about flashy redesigns and more about fixing pain points.Unlike last year's major visual overhaul with "Liquid Glass" design, Apple is reportedly focusing on performance improvements, better battery life, fewer bugs and faster response times. The company is also believed to be laying the groundwork for a foldable iPhone expected later this year through under-the-hood changes in the operating system.Apple is also expected to introduce a new AI-focused "Search or Ask" experience, making it easier for users to search their device, launch apps and interact with Siri from a single interface.Also Read: Will your iPhone get iOS 27? These four models may miss out on Appleโs next major software updateAI writing tools and photo editing upgrades could arrive with iOS 27The update could bring a range of new AI features across the iPhone, iPad and Mac.These include a Grammarly-like grammar checker built into iOS, AI-powered writing assistance through a new "Write with Siri" feature, smarter shortcuts that can be created using natural language, AI-generated wallpapers and upgraded photo editing tools capable of expanding images, improving quality and removing unwanted objects more effectively.Apple is also expected to enhance Visual Intelligence, its answer to Google's Lens. The feature could gain the ability to recognise nutrition labels, extract contact information and provide more contextual information about objects seen through the camera.Wallet, Safari and AirPods could get useful upgradesBeyond AI, Apple is reportedly working on a handful of practical upgrades aimed at everyday users.These include a built-in bill-splitting feature in Wallet and Messages, custom digital pass creation in Wallet, a redesigned Safari start page, improved AirPods controls and updates to fitness and heart-rate tracking on the Apple Watch.The company is also said to be improving notification management, adding more customisation options to the Camera app and making several changes aimed at improving the overall experience across its devices.Also Read: Apple to let users choose rival AI models across iOS 27 features: ReportWhy WWDC 2026 could be Apple's most important AI event yetFor Apple, however, the real focus will be Siri.The assistant has largely remained unchanged while competitors have transformed their products into conversational AI platforms capable of reasoning, planning and completing complex tasks. WWDC 2026 could be Apple's attempt to show that it is finally ready to compete in that race โ and deliver some of the AI features it first promised users nearly two years ago.Whether Apple can close the gap with ChatGPT, Gemini and other AI rivals remains to be seen, but June 8 could offer the clearest look yet at the company's long-term AI strategy.
Nepalese foreign minister Shishir Khanal said Kathmandu refuses to see New Delhi through the "distorted, hyper-sensitive lens" of 21st-century geopolitics.
When Chinese authorities detained Uyghur economist Ilham Tohti in January 2014, his daughter Jewher Ilham was preparing for a future she believed would include both her family and her father's work promoting dialogue between Uyghurs and Han Chinese. โInstead, Tohti was sentenced later that year to life imprisonment on separatism-related charges.
Nepal's Foreign Minister Shisir Khanal on Sunday called for a stronger development-oriented partnership with India, stressing on the revival of dormant bilateral mechanisms and high-level political exchanges to resolve issues such around boundary. During his visit, discussions covered trade, connectivity, energy, water resources, and people-to-people ties, with a focus on economic growth and innovation.
According to information shared with them, he had been assigned a delivery to a deserted location which later appeared to have been a setup
The heat is forecast to peak around June 10 and 11 before easing later in the week, with some relief expected by Friday.
He later worked in different posts under the ITDA and other government establishments