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The Latest Breaking News from India

MTNL liabilities reach Rs 40,000 cr in FY26; no restructuring plan in work: Jyotiraditya Scindia

MTNL's liabilities have reached approximately forty thousand crore rupees by fiscal year 2025-26. Government measures have helped MTNL become operationally profitable and EBITDA-positive. These actions include debt restructuring and financial support for employee retirement schemes. MTNL holds non-core assets valued higher than its total outstanding liabilities. No new restructuring plans…

The Economic Times

Singapore's Temasek joins race for a slice of the $18.5 billion IPL

Singapore's Temasek is exploring investment opportunities within India's Indian Premier League. The league attracts sovereign wealth funds and private equity firms seeking high returns. Recent franchise deals highlight the competition's growing appeal and value. Temasek has significantly expanded its India investment portfolio over the past decade. The firm remains focused…

The Economic Times

RBI sold $6.1 bn in May as oil weighed on the rupee and foreign inflows showed signs of revival: Bulletin

The Reserve Bank of India sold six point one billion dollars in May. This intervention occurred amid global market volatility and geopolitical tensions. India's external sector remains steady with improving foreign investment inflows. The domestic economy navigated uncertainties well, supported by strong demand. Foreign exchange reserves are comfortable, covering over…

The Economic Times

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Temasek's India exposure falls to USD 42 bln in FY26; company says India important market

Temasek's India exposure fell to USD 42 billion in FY26 from USD 50 billion. This decline was mainly due to a large exit from Schneider Electric. Executives stressed India remains an important and optimistic destination for the firm. The company is overweight on India, with allocations higher than its GDP…

The Economic Times

India has achieved self-reliance in food; now it's time for value addition: Chirag Paswan

Chirag Paswan said India must now shift from food self-reliance to value addition through processing, infrastructure, innovation and better farmer market access.

The Economic Times

RBI sold $6 billion in May to defend oil-hit Indian rupee, data shows

The Reserve Bank of India sold $6.1 billion in foreign exchange during May. This intervention occurred as oil prices surged, pushing the rupee to a record low. The central bank also implemented policy measures to encourage dollar inflows into India.

The Economic Times

Air India to launch non-stop Delhi-Toronto flights from August 1, deploy new Boeing 787-9

Air India will operate non-stop Delhi to Toronto flights starting August 1, 2026. This change will significantly reduce travel time by nearly three hours. Daily services will be restored, increasing frequencies to seven flights weekly. The airline is deploying its new Boeing 787-9 aircraft on this route. Bookings for the…

The Economic Times

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Tariffs alone will not produce sustainable generic medicine in US: IPA

The Indian Pharmaceutical Alliance believes tariffs alone will not build US generic drug manufacturing. Broader reforms are needed for fair pricing and supply chain stability. India supplies nearly fifty percent of generic medicines to the United States. Tariffs alone will not produce sustainable generic medicine onshoring. Reforms should address upstream…

The Economic Times

What is India’s ‘cockroach’ movement – and why are people protesting?

IN FULL

The Independent UK

From craft beer darling to founder's exit: Bira 91's journey ahead of a revival bid

Bira 91 founder Ankur Jain has exited the company after a settlement. This agreement allows for the company's recapitalization and operational restart. The brand faced significant financial strain and regulatory setbacks over recent years. Production had halted, and employees raised concerns about unpaid salaries. The settlement aims to revive the…

The Economic Times

Govt identifies 20 indigenous AI foundation model proposals under IndiaAI Mission: Parliament

India's government is supporting twenty indigenous sovereign AI model proposals. These include twelve large and eight small language models for development. The IndiaAI Mission aims to create economic opportunities and address AI risks. Significant progress includes supporting AI models, infrastructure, and talent development initiatives. The nation is establishing AI Centers…

The Economic Times

FBI issues 'wanted' notice for Indian national in drug trafficking case

The FBI has launched a search for Harmanveer Singh following "Operation Hard Ball", an international crackdown on India-linked crime syndicates. Singh faces federal charges in California for alleged drug trafficking tied to the Canada-based Ravinder Dhanda gang. A USD 50,000 reward has also been offered for Goldy Brar.

The Economic Times

Oil rally weighs on Indian bonds, value buyers limit fall

Indian government bonds experienced a fourth consecutive session of decline on Wednesday. Benchmark bond yields rose to their highest level since late June. Rising oil prices and supply fears intensified concerns about India's economic outlook. The Indian rupee weakened to a two-month low against the dollar. Overseas investors continue to…

The Economic Times

How to turn beetroot leaves into a classic south Indian vegetable dish – recipe

Simple spices, fresh coconut and a handful of lentils or nuts is enough to transform leaves normally destined for the compost

The Guardian - UK

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The Economic Times

Commonwealth Games 2026 Opening Ceremony: Date, time, venue, live streaming, performers and India flag bearers

Commonwealth Games 2026 opening ceremony: The Commonwealth Games 2026 are set to begin soon with many nations participating. The opening ceremony will feature cultural performances and a parade of athletes. Scottish artists KT Tunstall and Nathan Evans will perform at the event. Olympic medalists Lovlina Borgohain and Mirabai Chanu will…

The Independent UK

Unique Indian fossil transforms our understanding of one of most popular dinosaur groups

Dinosaur likely swung its tail forcefully to deter predators, scientists say

The Economic Times

'India needs you, not in suffering, but in service': Opposition MPs urge Activist Sonam Wangchuk to end fast

Opposition MPs met Sonam Wangchuk, urging him to end his hunger strike. They assured him that examination irregularities would be raised in Parliament. The MPs expressed full support for the students' movement and its cause. They requested Wangchuk to withdraw his fast for the nation's benefit. Parliamentarians promised to seek…

The Economic Times

Foreign Minister S Jaishankar conveys to Russian counterpart Sergey Lavrov India's concerns over safety of Indian seafarers

India's External Affairs Minister conveyed concerns to Russia regarding seafarer safety. This discussion occurred after four Indian crew members died in a Black Sea attack. The ministers also addressed trade, investment, and energy security issues. India previously summoned Russia's charge d'affaires to express grave concerns. The attack on the merchant…

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The Economic Times

2027 census to be fully digital; data collection will not affect welfare schemes, says Official

India's 2027 Census will be fully digital, utilising advanced technology for enumeration. Approximately 30 lakh enumerators will conduct the decennial exercise across the nation. The census will occur in two phases, beginning with house listing and housing details. A self-enumeration portal allows citizens to register their information online before fieldwork.…

The Independent UK

India furious over Russian shipping attacks – but Moscow vows to carry on

IN FULL

The Independent UK

Police crackdown on India’s ‘cockroach’ protest appears to backfire as support for movement surges

ON THE GROUND: Gen Z protesters are now receiving the backing of mainstream politicians, with opposition leader Rahul Gandhi dragged away from a protest outside PM Narendra Modi’s home. Alisha Rahaman Sarkar reports from Delhi

The Economic Times

Reliance launches AJIO Beauty to capture India's booming market

Reliance Retail has launched AJIO Beauty, expanding its beauty business. This move integrates cosmetics and personal care onto its fashion platform. The strategy aims to build an integrated fashion, beauty, and lifestyle ecosystem. AJIO Beauty will offer a wide range of products and brands nationwide. This expansion taps into India's…

The Economic Times

US-India trade deal could be signed in 3-4 months, US official says

A U.S.-India trade agreement is nearing completion and could be signed soon. Negotiations are virtually finished, with only U.S. trade investigations pending resolution. These investigations cover unfair trade practices and may lead to retaliatory measures. Once completed, progress is expected for India and other nations. The agreement aims to expand…

The Economic Times

India must cut launch costs, boost local manufacturing to become world's third-largest space economy: DoT official

India is on a mission to become the world's third-largest space economy by the year 2033. This ambitious vision hinges on vital changes in policy and regulatory frameworks. Lowering launch costs and ramping up local manufacturing of materials are critical. Additionally, emphasizing satellite applications in the downstream sector is essential…

The Economic Times

Beyond roti, kapda, makaan: Inside India's new consumption story

Indian consumers now prioritize experiences and lifestyle choices over basic needs. Average monthly spending has increased across both rural and urban areas. Food now forms a smaller portion of household expenditure, reflecting rising incomes. Younger generations balance saving for homes with immediate lifestyle purchases. Easy credit fuels consumption, increasing household…

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