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The Latest Breaking News from India

New Zealand student visa delays worsen for Indians as processing times jump

Indian students eyeing New Zealand education now face significantly longer visa waits, with processing times nearly doubling compared to last year. Despite these delays, approval rates have seen a positive uptick. Immigration New Zealand cites increased application volumes and complexity for the extended processing, while reaffirming India's importance as a…

The Economic Times

Tax reforms to play vital role in attracting global capital to India: Experts

India's economic ascent hinges on predictable and simplified tax reforms to attract global capital, according to a senior financial expert. The proposed Income Tax Code aims for a modern, user-friendly framework, aligning with international standards. The ICAI Singapore Chapter highlighted strides in transparent, tech-driven tax administration, boosting India's appeal as…

The Economic Times

Why Bihar Celebrates This Unique Monsoon Festival

What if a simple plate of kheer, puri, and mango carried centuries of tradition, faith, and gratitude? Every year, as dark clouds gather over the fields and the scent of rain fills the air, families across Bihar prepare for a festival that many outside the region have never heard of.…

MyLifeXP

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India welcomes US-Iran peace deal, NSA Doval says pact brings 'cautious optimism'

India's National Security Advisor Ajit Doval expressed cautious optimism regarding the US-Iran MOU, anticipating it will bolster energy security and ease supply chain issues for crucial goods like fertilisers. He highlighted the positive implications for freedom of navigation in the Strait of Hormuz, predicting a significant boost to regional and…

The Economic Times

Smiles, fries & air-fryers: Why Canadian food giant McCain is bullish on India’s snacking boom

Consumers are embracing global and local flavours, driving innovation in products like fries and premium appetisers. McCain is actively addressing perceptions of frozen foods, focusing on education and the positive in-home experience, while also investing in a robust farm-to-fork ecosystem.

The Economic Times

India's June private sector growth slips to three-month low as demand, confidence cool, PMI shows

India's private sector growth slowed in June, hitting a three-month low as weaker demand impacted both factories and services. Business confidence dipped to its lowest since January. While cost pressures eased, firms faced challenges with new orders and exports. Job creation also saw its weakest gain in six months, reflecting…

The Economic Times

Cruise tourism can be a major multiplier for India’s travel and MSME sectors

India’s cruise tourism sector is sailing into a new phase of growth, creating opportunities for MSMEs across travel, hospitality, logistics, and destination services.

The Economic Times

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Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAA

The Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ payments from his Indian employer due to his overseas work, then this payment is not taxable under Article 16 of India-UK Double Tax Avoidance Treaty (DTAA).

The Economic Times

India's defence export boom could hit ₹65,000 crore by 2030; pvt sector startups the real play: Sunil Subramaniam

India's defence exports are poised to surpass government targets, reaching ₹60,000-65,000 crore by 2030, according to market expert Sunil Subramaniam. He advises investors to look beyond the Nifty Defence Index, highlighting the private sector's innovation in drones and UAVs, especially with demand from Gulf nations. Subramaniam also points to upcoming…

The Economic Times

Jaishankar holds wide-ranging interactions as India-Mongolia reaffirm strengthening ties

External Affairs Minister S. Jaishankar concluded a series of high-level meetings in Ulaanbaatar, strengthening India-Mongolia ties. Discussions with the Speaker of the State Great Khural, Education Minister, and former President focused on parliamentary exchanges and people-centric development. Jaishankar also held comprehensive talks with his Mongolian counterpart, exploring enhanced cooperation in…

The Economic Times

Indian students are the 'agents of positive change' for Europe-India relations, says EU Ambassador

The EU has launched a new Student Ambassadors' Network, connecting 40 students from 20 Indian universities to foster stronger Europe-India ties. These ambassadors will promote academic and research opportunities in Europe, encouraging youth engagement in the growing partnership. Additionally, 75 Indian students received prestigious Erasmus Mundus scholarships, highlighting Europe's appeal…

The Economic Times

India's LPG imports from US set to cross 1 million tons in June, sources say

India's LPG imports from the U.S. are projected to cross a record 1 million metric tons in June, driven by Middle Eastern supply disruptions. This surge in U.S. purchases, despite higher costs, ensures uninterrupted cooking gas for households. Efforts to boost domestic production and alternative supply routes are also underway…

The Economic Times

Quote of the day by Virat Kohli: ‘Irrespective of whether you have talent or not, one has to …’ – Legendary cricketer on why talent alone is never enough

Cricket icon Virat Kohli emphasizes that talent alone is insufficient for success, highlighting the indispensable role of relentless hard work and discipline. His own journey, marked by numerous records and accolades, underscores this philosophy. Kohli's message serves as a crucial reminder, especially for younger generations, that consistent effort, not just…

The Economic Times

Why India’s Future Looks Different After Modi’s Latest Speech

Why are Indians demanding more than ever before? Is it a sign of dissatisfaction, or does it reveal something much deeper about the country's transformation? At the Republic TV Summit 2026, Prime Minister Narendra Modi offered a striking perspective. According to him, rising public expectations are not a sign of…

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The Economic Times

Rs 1.5 lakh crore behind 2025! Can Jio, NSE and other mega IPOs put 2026 on course for another record year?

India's primary market faces a significant fundraising gap to match last year's record. However, upcoming mega IPOs from Reliance Jio (Rs 35,000 crore) and NSE (Rs 25,000 crore), alongside SBI Mutual Fund (Rs 10,000 crore), could inject much-needed demand. Experts believe these established names can revive investor sentiment, but a…

The Economic Times

All-rounder Nitish Reddy ruled out of Ireland T20Is, likely to miss England leg too

India's white-ball squad for the UK tour faces a setback as all-rounder Nitish Reddy is out with a quadriceps injury. Sustained during the Afghanistan series, the 23-year-old's absence creates a gap, especially with Hardik Pandya also nursing a similar issue. Reddy's recovery is expected to take at least four weeks,…

The Economic Times

Global Market: Standard Chartered bullish on Asia ex-Japan equities, sees strong AI-led growth

Standard Chartered upgraded Asia ex-Japan equities to overweight, expecting the region to post the strongest earnings growth globally in 2026 and 2027, supported by AI investment and semiconductors. It prefers Taiwan, China and India, while maintaining a positive view on US equities, bonds and gold.

The Economic Times

Railways showed the way. What should India electrify next?

If railway electrification was one of the defining infrastructure decisions of the twentieth century, the electrification and redesign of India’s freight system may yet become one of the defining strategic decisions of the twenty-first.

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The Independent UK

Meta hires Indian fintech start-up founder as new WhatsApp chief

Kunal Shah’s appointment comes after Meta invests $900m in his company

The Economic Times

India’s biggest equity fund makes contrarian bet on IT stocks

India’s largest actively managed equity fund, PPFAS Flexi Cap, is increasing exposure to beaten-down IT stocks, taking a contrarian view on AI disruption fears. CIO Rajeev Thakkar argues pessimism is overdone, betting on productivity gains and valuation comfort even as the Nifty IT index heads for its worst year since…

The Economic Times

3 AI stocks outweigh all of India: Why this concentration is sounding EM alarm bells

Two Asian markets are heavily reliant on AI chipmakers, with TSMC, Samsung, and SK Hynix dominating emerging market indices. This concentration poses significant risk. In contrast, India's market offers diversification across sectors like BFSI, consumption, and infrastructure, presenting a potentially more resilient investment opportunity. Experts highlight India's growing AI infrastructure…

The Economic Times

Telegram still not working in India? Users ask why platform remains blocked even after NEET-UG exam ends

Telegram Kab Chalu Hoga: Telegram users across India are still grappling with access issues on June 23, with messages undelivered and the app unavailable. This disruption persists beyond the anticipated end of NEET-UG re-examination restrictions, sparking widespread user queries on social media. While no official extension has been confirmed, the…

The Economic Times

Beyond Jio IPO: 5 triggers Mukesh Ambani has lined up to revive Reliance shares for 44 lakh investors

Reliance Industries is charting a new course to boost its stock for 44 lakh investors, moving beyond a potential Jio IPO. Billionaire Mukesh Ambani has unveiled five key growth drivers, including revitalizing the O2C business, scaling up new energy ventures, building India's AI backbone, expanding FMCG operations to a Rs…

The Economic Times

Waterways Leisure Tourism IPO opens for subscription. Should you subscribe?

Waterways Leisure Tourism, operator of Cordelia Cruises, is launching its IPO on June 23, aiming to raise Rs 585 crore. The company, India's leading domestic cruise operator, plans to use funds for fleet expansion and vessel acquisition. Despite a dominant market share, a low grey market premium suggests modest listing…

The Economic Times

US Stocks: GIFT City or traditional broker? Before you start overseas investing, know which route saves you more in taxes, costs, and hassle

Indians now have easier access to global markets through direct overseas investing or GIFT City. Direct investing offers wider choices and lower entry barriers, ideal for hands-on investors with smaller sums. GIFT City provides a structured, convenient route with higher initial investment, suitable for those seeking a managed approach to…

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