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Israel army says had intel Iran nuclear programme nearing 'point of no return'
The Israeli military announced that Iran is nearing the "point of no return" in its nuclear program, citing intelligence of enriched uranium production and secret weapons experiments. Israel also revealed that it attacked Iranian air defense systems and highlighted Iran's ballistic missile development and support for regional proxies.

Air India flight to London makes U-turn; 15 others diverted after Iran closes airspace
Air India flight AIC129, which was en route from Mumbai to London, is making a return to its origin city. The Air India-operated flight had departed as scheduled early Friday morning. However, the reason for the turnaround remains undisclosed by the airline or aviation authorities, and further details are awaited.

Banks see 15% rise in non-SLR investments in FY25 amid strong market returns
In fiscal year 2025, banks increased their non-SLR investments by 15%. Simultaneously, SLR investments saw a 10% rise. Non-SLR investments offer higher returns compared to government bonds. Experts suggest stock market investments could yield substantial gains if the equity market rallies. Banks must allocate more capital for non-SLR securities due to their risk profiles.

Spaceballs 2 is official! Rick Moranis returns, Mel Brooks teases 2027 comeback
Mel Brooks has confirmed Spaceballs 2 is in production, with a 2027 release on the horizon. The sequel features the return of Rick Moranis as Dark Helmet and Bill Pullman as Lone Starr. Brooks will reprise his role as Yogurt, while Keke Palmer and Josh Gad join the all-star cast.

Air India plane crash: IndiGo flight returns to Kolkata after take-off due to closure of Ahmedabad airport
An IndiGo flight, 6E-318, en route from Kolkata to Ahmedabad, was compelled to return to Kolkata's NSCBI Airport shortly after takeoff. This was due to the closure of Ahmedabad airport following the crash of an Air India Boeing 787-8 bound for London. The returning IndiGo flight, carrying 179 passengers, landed safely in Kolkata around 2:52 pm.
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Zensar Technologies hit with Rs 1.76 crore tax penalty
Zensar Technologies has been hit with a Rs 1.76 crore tax penalty over service tax return discrepancies. The company, part of the $4.8 billion RPG Group, says the penalty won't impact operations.
PMS Tracker: Top 15 funds gain up to 16.5% in May; Elever, Axis strategies lag
PMS returns May 2025: At least 15 PMS strategies posted over 13% returns in May 2025, led by Money Grow Asset’s Small Midcap strategy. Smallcap and thematic funds rebounded strongly, while quant-based and sectoral strategies underperformed, widening the performance gap among portfolios.
Midcap mutual funds deliver 19% return in 3 months. Check top performers
Midcap mutual funds delivered an average return of 18.77% over the past three months, outperforming all equity fund categories. However, investor inflows declined for the second straight month in May, reflecting caution over high valuations and market volatility.
Techie quit his job in USA, now selling Rajma Chawal, Kadhi Pakora on the streets of Punjab. Viral video leaves desis divided
Maninder Singh, an Indian techie, traded his corporate life in New York for a food stall in Punjab after his father's death. Inspired by his wife's cooking, he offers Punjabi comfort food like rajma chawal and kadhi pakora. While some criticize his choice, others admire his pursuit of happiness over conventional success, sparking a debate about career paths and fulfillment.
How can retail investors benefit from gold and silver ETFs?
Gold and silver prices have recently surged, attracting retail investors. Now, investing in these precious metals is possible through mutual funds. Gold and silver ETFs offer a convenient way to gain exposure without physical ownership. These ETFs trade like stocks and mirror the metals' performance. For those without demat accounts, gold or silver funds provide an alternative.
Enterprises using AI as returns outweigh costs: Snowflake executive
Snowflake, listed in the New York stock exchange, is an AI data cloud platform with $3.5 billion in product revenue in FY25, and is doubling down on AI through partnerships with firms such as Canva and investments across products and people.
Fast X Part 2: Watch viral video shared by Vin Diesel. Here’s all details about filming, direction, characters and script of new movie in Fast and Furious series
Fast X: Part 2 will be directed by Louis Leterrier and written by Christina Hodson and Oren Uziel. The film will follow events from Fast X and return to the original setting and themes. Characters like Luke Hobbs and Deckard Shaw are expected to return. Filming starts this summer in Los Angeles.
Did R-Truth really leave WWE on June 1 or was it just part of the show? Here’s what happened
For longtime WWE fans, R-Truth has been a constant and cherished presence in the ring. That admiration turned to surprise and disappointment on June 1, when the 53-year-old veteran revealed that his contract with WWE had ended, bringing a close to his 17-year run with the company.
Is Orlando Bloom returning in New Pirates of the Caribbean movie with Johnny Depp?
Orlando Bloom has expressed his enthusiasm for a potential Pirates of the Caribbean reunion, sparking excitement among fans. He hopes to reunite with original co-stars like Keira Knightley and Johnny Depp, despite Depp's uncertain status with Disney. Bloom's willingness to return, coupled with the franchise's massive box office success, suggests a revival is possible, echoing producer Jerry Bruckheimer's sentiments.
SGB's 2017 tranche gives 225% returns on early exit. Check next premature redemption date
Investors in SGB 2017-18 Series X earned a 225% return on premature redemption, receiving ₹9,630 per gram against the issue price of ₹2,961. The gain combines gold’s appreciation, tax-free profits, and strategic asset flexibility.
Diet Coke is making a comeback in US after four years and internet can't keep calm
Coca-Cola seems to be pushing Coke Zero Sugar, but Diet Coke maintains its strong customer base, remaining a popular choice. In exciting news for Diet Coke enthusiasts, Diet Cherry Coke is making a limited-time return with retro packaging, sparking excitement among fans who have long awaited its comeback. There are also calls for the return of Diet Coke with Lime.
ETMarkets Smart Talk | Volatility may linger, but double-digit returns still possible in 2025: Manish Jain
Manish Jain of Centrum Broking remains optimistic about Indian equities, anticipating double-digit returns in 2025 despite global uncertainties. He highlights range-bound market volatility, the impact of US bond yields, and attractive sectors like banks, healthcare, and defence. Jain advocates a bottom-up approach, focusing on value and growth stocks for long-term investment.
Equity, debt or gold, which asset class has delivered highest returns in last 11 years? Here’s an annual performance tracker
The best route to wealth creation is through asset allocation and diversification across asset classes. But the right mix depends on your risk profile and goals. Still, are some combinations better than others? Welcome to TrendMap, your quick, visual guide to the performance of different investment segments. In this edition, we compare seven asset combinations. Portfolios with gold have delivered a notable returns boost in recent years, while those with zero gold exposure have consistently ended up at the bottom. By Sameer Bhardwaj.
Should investors move from long-term to short-term debt funds after RBI's rate cut?
Fund managers advise investors to consider shifting from long-term to shorter-term bond funds. This comes after strong gains in long-term debt funds. The Reserve Bank of India is expected to pause rate cuts. Experts suggest focusing on accrual-based strategies. Floating rate funds are also recommended. Investors should lower their return expectations.
From July 1, GST returns pending three years can’t be filed
Starting July 2025, GSTN will restrict taxpayers from filing returns after three years from the due date, following a Finance Act amendment. Taxpayers are urged to reconcile records and file pending returns for GSTR-1, GSTR-3B, and GSTR-9 promptly. Experts believe this promotes tax discipline, though concerns exist regarding taxpayers facing genuine hardships.
'Return to your country' Kabul tells Afghans rebuffed by Washington
The Taliban government on Saturday urged Afghans hoping to emigrate to the United States to instead return to Afghanistan, after Washington tightened entry conditions. Commenting on the ban on Saturday, Prime Minister Hassan Akhund urged Afghans to return to their country, saying they would be protected even if they worked with US-led forces in the two-decade fight against the Taliban insurgency.
GST return filing to be blocked 3 years after original due date starting July
The GSTN announced that from July 2025, taxpayers will be barred from filing monthly and annual GST returns after three years of the original due date. This change, stemming from the Finance Act, 2023, impacts various GST returns, including GSTR-1 and GSTR-3B. Taxpayers are urged to reconcile records and file pending returns promptly to avoid complications.
No side business? No family wealth? CA shares 'boring' wealth formula that works while you sleep
CA Nitin Kaushik shared insights on X about financial discipline and wealth creation, emphasizing saving before spending, inspired by Warren Buffett. He highlighted the power of compounding, illustrating how consistent investments grow significantly over time. Kaushik advised starting early, reinvesting returns, and avoiding unproductive debt for long-term financial independence.
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