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India joins elite heavy-haul railway club, targets lower logistical costs: DFCCIL MD

India joins elite heavy-haul railway club, targets lower logistical costs: DFCCIL MD

Five Eyes issues 'unprecedented' warning over China's aggressive spying campaign

Chinese intelligence operatives are reportedly using fake job offers on professional platforms to ensnare government and military personnel. The Five Eyes alliance warns these tactics aim to extract sensitive information, with targets pressured to provide confidential details for financial rewards. Western nations urge vigilance against these sophisticated espionage efforts.

Congress targets LIC over Rajesh Exports stake

'Not suicide': Rahul blames 'broken system' after NEET aspirant's death; targets PM Modi

Rahul Gandhi slammed the Modi government over the NEET-UG paper leak, citing the tragic suicide of aspirant Akanksha. He highlighted the farmer father's sacrifices and blamed the "corrupt, broken system" for her death. Gandhi also questioned Education Minister Dharmendra Pradhan's continued tenure and accused PM Modi of damaging India's education.

Iran's Guards deny attack on Kuwait airport

Tehran: Iran's Revolutionary Guards denied responsibility on Wednesday for an attack on Kuwait's international airport that officials said left an Indian national dead and 63 people wounded."Our investigation and review into the Kuwait passenger terminal attack shows that the IRGC Air Force did not fire any shots at this target," said Guards spokesman Hossein Mohebi, according to the IRGC's official Telegram channel.He said that "the destruction of the Kuwait airport passenger terminal was caused by an error in the American Patriot systems, which landed on the terminal after failing to intercept Iranian missiles".The Guards earlier said they had targeted a different location, "the Ali Al Salem Air Base in Kuwait, which hosts helicopters" for the US.The attack on Kuwait's airport on Wednesday temporarily halted operations, but air traffic resumed later in the day with all Kuwait Airways flights operating again.The Gulf nation's ministry of defence said 30 ballistic missiles and drones were launched as part of the "heinous Iranian aggression", which caused "significant material damage to the building".The Indian foreign ministry confirmed one of its citizens was killed at the airport and condemned the strike."We again call on all parties to cease such attacks" on civilian targets, it said in a statement.An airport source told AFP the deceased was a traveller.Kuwaiti health ministry spokesman Abdullah al-Sanad said 63 people were treated for injuries "including head wounds, cerebral hemorrhages, amputations and injuries resulting from explosions".Kuwait's international airport was targeted several times during the war, and had only fully resumed operations on June 1.

Iran targets US military vessel's 'command center' in Gulf of Oman, Centcom dismisses claim

Iran's state media reported its navy targeted a US destroyer in the Gulf of Oman, citing US actions against Iranian commercial vessels. The US Central Command refuted the claim, stating its military assets at sea are operating safely and unimpeded.

Indian killed in Kuwait airport drone attack

An Indian national was killed in an attack on Kuwait International Airport on Wednesday, prompting the Indian Embassy in Kuwait to express condolences and assure support to the victim's family. The incident occurred during an Iranian missile and drone attack that targeted civilian facilities in Kuwait, including the airport, according to Kuwaiti authorities. In a statement posted on X, the Embassy of India in Kuwait said, “Embassy of India in Kuwait expresses its deepest condolences at the tragic demise of an Indian national due to an attack on the airport in Kuwait today.” The embassy added that it is in contact with the bereaved family and is coordinating closely with Kuwaiti authorities to provide all possible assistance to the family and those injured in the incident.— indembkwt (@indembkwt) Kuwait airport strike causes damageKuwait said the attack caused significant damage to Terminal 1 of Kuwait International Airport and injured several people. Flights were temporarily diverted before operations gradually resumed after safety assessments. Kuwaiti authorities described the airport as one of several civilian sites targeted in the attack. The strike came amid heightened tensions in the Gulf region, with Iran launching missiles and drones toward Kuwait and other neighbouring states. US and regional forces reportedly intercepted several incoming projectiles, while some missiles failed to reach their intended targets. Embassy monitoring situation The Indian mission has been actively assisting Indian nationals in Kuwait during recent regional disruptions. The embassy said it remains engaged with local authorities as investigations and relief efforts continue. The identity of the deceased Indian national has not been officially released. Kuwaiti authorities have also not disclosed further details about the victim or the circumstances of the death.

Uttar Pradesh targets 35% cut in NCR pollution

Musk’s SpaceX targets $1.75 trillion valuation

Ceasefire over: Iran targets US bases in Kuwait, America retaliates with strikes

Kuwait's air defense systems intercepted incoming missiles and drones, with loud explosions reported across the country. The military confirmed these were the result of air defense operations against hostile aerial targets. Citizens were cautioned against approaching any fallen debris, with authorities urging reliance on official information.

US stocks today: US stocks end modestly higher as AI zeal overcomes Middle East jitters

The S&P 500 and the Dow closed modestly higher ​on Tuesday as risk appetite driven by AI fervor was counterbalanced by tensions arising from U.S.-Iran talks to reopen the Strait of Hormuz and end the months-long war.Gains in most of the 11 major S&P sectors kept the S&P 500 and the Dow in the green, with the small-cap Russell 2000 outperforming its larger-cap peers. The Nasdaq ‌ended the session essentially unchanged.Small-cap ⁠stocks have ⁠been some of the biggest beneficiaries of the ongoing enthusiasm surrounding artificial intelligence stocks, which provided some upside muscle. The Philadelphia SE Semiconductor Index advanced on the day.The Software & Services Index, ​battered in recent months over worries of AI disruption, closed in negative territory.Strong results from Hewlett Packard Enterprise and a funding commitment from Alphabet reinforced confidence in the ​AI buildout."The market is kind of muted at the surface level, but there is a lot going on under the hood, and that describes much of this year," said Mike Dickson, head of portfolio management at Horizon Investments in Charlotte, North Carolina. "There's some massive dispersion in the whole AI infrastructure ​ecosystem.""Markets could be in for one of these heated, melt-up rallies where the momentum keeps ⁠winning," Dickson ‌added. "I would not be surprised at all to be sitting here at the end of the summer a good bit ​higher."Tehran is studying a ​U.S. proposal to bring the war to a halt, but has not been in contact with Washington ⁠for days, according to Iranian media, which also said Iran is taking a "stern" approach, given ​what it views as a history of U.S. noncompliance and mutual distrust. Simultaneously, Israel is continuing its ​strikes on Lebanon, despite Tehran's warnings that the attacks are threatening to derail the fragile truce.The war has sent crude prices soaring, reviving worries over inflation and giving rise to an increasing likelihood that the U.S. Federal Reserve could hike interest rates by year-end. Cleveland Fed President Beth Hammack said on Tuesday that such a hike could become necessary if already-elevated inflation pressures continue to mount. On the economic front, a report from the Labor Department showed an unexpected spike in job openings, driven by the volatile professional and business services sector. Otherwise, hiring, firing and quits all decreased, suggesting a slowdown ‌in labor market churn in the face of uncertainties related to strife in the Middle East and inflationary effects.Analysts look to the May employment report due on Friday, which is expected to show the U.S. economy added 85,000 jobs last ​month, a monthly deceleration ​of 26.1%. The unemployment rate is forecast ⁠to stand pat at 4.3%.According to preliminary data, the S&P 500 gained 10.07 points, or 0.13%, to end at 7,610.03 points, while the Nasdaq Composite gained 8.78 points, or 0.03%, to 27,095.59. The Dow Jones Industrial Average rose 237.13 points, or 0.46%, to 51,316.01.Hewlett Packard Enterprise jumped after ​the AI server maker pulled forward its long-term financial targets by two years. In further evidence of AI buildout, Alphabet said it was looking to raise $80 billion in equity offerings, including an investment from Berkshire Hathaway, to fund a costly expansion of its AI infrastructure. Its shares lost ground on the day. Marvell Technology's shares surged after Nvidia Chief Executive Officer Jensen Huang called the chipmaker the next "trillion-dollar company" at the Computex conference in Taipei. Nvidia invested $2 billion in Marvell in March.A drop in bitcoin hit cryptocurrency firms Coinbase and Strategy Inc.Broadcom is expected to report quarterly results on Wednesday.

'Officials Removed, Minister Spared': Opposition Slams Centre Over CBSE OSM Row

CBSE transfers top officials amid On Screen Marking row, Opposition targets Dharmendra Pradhan and the Centre as probe continues.

Kremlin Accuses Ukraine Of Committing "Acts Of Terror" Against Civilians

Moscow has said it is stepping up its strikes on military targets in Ukraine.

Gujarat 2027: SDPI targets majority of seats

Russia Bans Aviation Fuel Exports As Ukraine Targets Refineries

Ukraine has increased its campaign on Russian energy infrastructure.

Rajya Sabha Elections 2026: BJP Targets Key Seats Ahead Of 2029 Political Showdown | Numatrix

As the Rajya Sabha elections approach, the BJP is focusing on consolidating its political strength with crucial seats in Gujarat, Rajasthan, Karnataka, Madhya Pradesh, and Jharkhand at stake.The outcome of these elections could significantly influence legislative dynamics ahead of the 2029 general elections, making every vote critical. Cross-voting and alliance strategies are expected to play a decisive role in determining the final numbers in the Upper House.With intense political calculations underway, all eyes are on how parties manage internal equations and regional alliances in this high-stakes electoral contest. Watch the full report for key insights and updates. n18oc_indian18oc_politicsNews18 Mobile App - https://onelink.to/desc-youtube

RaGa targets CBSE over re-eval glitches, fees

Wockhardt shares rocket 19% after FDA approval for antibiotic targeting drug-resistant infections. Check details

Shares of Wockhardt soared as much as 19% to their day's high of Rs 2,420 on the BSE on Monday after the company announced that the U.S. Food and Drug Administration (FDA) has approved ZAYNICH (cefepime and zidebactam), a novel intravenous antibiotic for the treatment of adults with complicated urinary tract infections (UTI), including pyelonephritis, caused by susceptible Gram-negative pathogens.According to the company, ZAYNICH combines the fourth-generation cephalosporin cefepime with zidebactam and is designed to target multiple penicillin-binding proteins simultaneously. The antibiotic had earlier received Qualified Infectious Disease Product (QIDP) and Fast Track designations from the FDA.The approval comes at a time when antimicrobial resistance remains a major healthcare challenge. Wockhardt cited data indicating that more than 2.8 million antimicrobial-resistant infections occur annually in the United States, resulting in over 35,000 deaths each year. The company also noted that complicated urinary tract infections account for more than 6,00,000 hospitalisations annually in the U.S., with a growing proportion linked to antimicrobial-resistant and multidrug-resistant bacteria.The FDA's decision was based in part on results from the Phase 3 ENHANCE-1 study, a randomised, double-blind, multicentre trial that evaluated the efficacy, safety and tolerability of ZAYNICH against meropenem in hospitalised adults with complicated urinary tract infections or acute pyelonephritis.In the study, ZAYNICH achieved a composite clinical cure and microbiological response rate of 89% at the test-of-cure visit, compared with 68.4% for meropenem. The treatment difference was 20.6% with a 95% confidence interval of 12.3 to 29.5. The company said the drug was generally well tolerated during the trial.The ENHANCE-1 study enrolled 530 patients across 64 sites spanning the United States, Europe, Latin America, China and India.Wockhardt stated that ZAYNICH targets penicillin-binding proteins PBP 1a/b, 2 and 3 simultaneously, a mechanism that it says provides bactericidal activity against multidrug-resistant Gram-negative bacteria for which treatment options remain limited.The company also disclosed that ZAYNICH received approval from the Drugs Controller General of India (DCGI) on May 27, 2026. In addition, Wockhardt has submitted a Marketing Authorisation Application (MAA) to the European Medicines Agency for the antibiotic.Sensex, Nifty today: Catch all the LIVE stock market action here (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Nifty has a positive undertone, but Street waits for a decisive breakout

Nifty remains in a broad consolidation phase, with support clustered around 23,200–23,300 and resistance near 23,750–24,050, leaving traders watchful for a decisive breakout. While the broader structure stays constructive and buy-on-dips strategies are favoured, sentiment is tempered by repeated hurdles and late-week volatility, keeping the index range-bound with a cautiously positive undertone.DHARMESH SHAH HEAD OF TECHNICAL RESEARCH AT ICICI SECURITIESWhere is Nifty headed this week? The index is undergoing a healthy consolidation in the 23,800-23,200 zone that has set the stage to gradually head toward the 24,500 level in the coming weeks. Strong support is placed at 23,200. Some of the key observations are: Banking, auto, capital goods sectors have set a higher base while the IT sector is showing signs of revival near its decade-long support line. Brent crude oil has broken down below its one-month rising trendline support. Stocks above 50-day and 200-day SMAs within Nifty 500 rose to 68% and 45%. Nifty Midcap index broke out of a three-week consolidation to hit new record highs. Small-cap index bounced off its 52-week EMA base and sits 8% below all-time highs. Trading strategy: Decline towards 23,300-23,400 (Nifty Spot levels) should be used as a buying opportunity for a target of 23,900.TOP BETS FOR THE WEEK Tata Power: Buy at Rs 410-424, stop loss at Rs 392, target Rs 470The stock is rebounding after retesting the April 2026 breakout area of Rs 415. As per the change of polarity principle, the previous resistance is now acting as a strong support, offering a fresh entry opportunity with a favourable risk-reward setup. Sona BLW Precision Forgings: Buy at Rs 600–610, stop loss at Rs 588, target Rs 660. The stock has witnessed a cupand-handle breakout retest pattern, indicating inherent strength. It is now forming a higher-base formation while sustaining above its cluster of moving averages, signalling a revival of structure in the larger-degree time frame 131431542TANMAY SHAH RESEARCH HEAD, SIHLWhere is Nifty headed this week? Nifty remains in a broad consolidation range of 23,200–24,050 with a positive undertone, as long as it sustains above the crucial 23,200 support on a closing basis. Traders can adopt a buy-on-dips strategy with stops at 23,250 and targets near 24,200, though a decisive close below 23,200 would weaken the bullish structure and trigger profit-booking. Trading strategy: Traders with a moderately bullish outlook may consider a Bull Call Spread for the 9th June expiry by buying the 23,700 Call and simultaneously selling the 24,050 Call. The strategy offers a favourable risk-reward profile of nearly 1:2 while limiting downside risk, making it suitable for the current range-bound yet positive market setup. TOP BETS FOR THE WEEK: L&T: Buy at CMP Rs 4,074, stop loss at Rs 3,950, target Rs 4,240- 4,400. L&T trades firmly above its key moving averages, with a rising RSI and a bullish weekly structure, indicating a favourable risk-reward setup at current levels. Indian Energy Exchange: CMP Rs 128.31, stop loss at Rs 124.50, target Rs 134-139.80. The stock has formed a bullish double-bottom near its 50-day moving average, backed by strong volumes.SUDEEP SHAH HEAD - TECHNICAL AND DERIVATIVE RESEARCH, SBI SECURITIESWhere is Nifty headed this week? Nifty remains trapped in a broad consolidation phase, with the monthly chart reflecting indecision through a bearish candle and near-term sentiment tilting slightly bearish after Friday’s late sell-off, though indicators still lack trend strength. The immediate hurdle lies at 23,750–23,800, while support at 23,300– 23,250 is crucial—below which a slide to 23,000 is possible, whereas a move above 23,800 could revive short-term bullish momentum. Trading strategy: Since the Index is trading in a broader range with volatility, we advise traders to go long on Nifty only on a breakout above 23,800 with a stop loss at 23,500 for a target of 24,250. TOP STOCKS FOR THE WEEK Nuvama Wealth Management: CMP Rs 1,554, stop loss at Rs 1,480, target Rs 1,690-1,750. The stock continues to display a strong price structure, trading above key moving averages across timeframes and reflecting sustained bullish momentum. After a healthy consolidation, it has broken out with buying visible on dips, while relative strength against peers and the broader market remains favourable. Syrma SGS Technology: CMP Rs 1,088, stop loss at Rs 1,045, target Rs 1,160-1,180. Syrma remains in a strong uptrend, outperforming peers in the EMS space and holding firmly above key moving averages with sustained buying interest on dips. Momentum indicators stay supportive, and improving relative strength versus the broader market points to further upside potential.

BSNL boosts mobile connectivity in rural Kollam

The initiative specifically targets remote pockets that previously lacked reliable connectivity, aiming to foster economic growth and social development in these underserved communities