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The Latest Breaking News from India

AI law may be considered as time is getting right, Export curbs eased on Mythos: MeitY Secretary S Krishnan

India is considering a dedicated legal framework for artificial intelligence, with the Ministry of Electronics and Information Technology indicating the time is right for separate legislation. Previously, existing laws addressed AI challenges like deepfakes. Officials are now preparing draft proposals, though the timeline for introduction remains uncertain. Meanwhile, export restrictions…

The Economic Times

E20 causes ‘minor’ drop in vehicle mileage, Puri says, as India gears up for E100 fuel

The Petroleum Minister acknowledged a minor drop in fuel efficiency with E20 petrol but highlighted improved acceleration and engine performance as key benefits. Despite consumer concerns about mileage and older vehicles, the government is pushing ahead with ethanol blending. India is also exploring higher blends like E25 and E85.

The Economic Times

Zydus Lifesciences ties up with Apollo Hospitals to offer Shield multi-cancer detection test

Zydus Lifesciences has partnered with Apollo Hospitals to introduce the Shield multi-cancer detection test in India, made possible through an agreement with Guardant Health. This innovative blood test can identify signals for multiple cancer types in individuals aged 45 and above. The collaboration aims to enhance early cancer detection and…

The Economic Times

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Flipkart ranked 5th best employer by Great Place To Work; underscoring a strong people-first culture

Flipkart has secured a spot in India's Top 5 Best Companies to Work For 2026, a significant leap from its previous ranking. This recognition highlights the e-commerce giant's dedication to a people-first approach, emphasizing employee well-being, career development through internal mobility, and a performance-driven culture. The company's commitment to fostering…

The Economic Times

India has got a $5 trillion sleeping giant: Can govt wake it up?

India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As pressure on the rupee and trade deficit mounts, the government is considering reviving the Gold Monetisation Scheme by involving jewellers to unlock idle gold and turn dormant…

The Economic Times

Earnings growth to stay robust at 14–16%; IT correction a buying opportunity: Vikas Khemani

India's IT sector is poised for a comeback, with AI expected to boost, not hinder, growth. Vikas Khemani of Carnelian Asset Management sees excessive pessimism, presenting an attractive long-term opportunity. He highlights that historical tech shifts expanded the industry. Stock selection is crucial, favoring early AI adopters. Khemani also remains…

The Economic Times

Indian Navy's P-8I aircraft arrives at Joint Base Pearl Harbor-Hickam in Hawaii for RIMPAC 2026

In a post on X, the Indian Navy spokesperson at Naval Headquarters, Captain Vivek Madhwal, stated that India's participation in one of the world's largest multinational maritime exercises reaffirmed the Navy's committment to "free, open, inclusive and rules-based Indo-Pacific."

The Economic Times

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Quick commerce is helping Nestle India's premium products reach beyond metros, MD Tiwary says at AGM

Nestle India is prioritizing quick commerce for premium products and focusing on healthier reformulations, according to Chairman Manish Tiwary. The company is expanding its digital reach and improving nutritional profiles by reducing sugar, salt, and fat. Rural India is identified as a key growth driver, with investments in distribution and…

The Economic Times

Indian dignitaries pay tribute to late Iran supreme leader Ayatollah Khamenei ahead of funeral

The Embassy of Iran in India announced on X that an Indian delegation paid tribute to the late Supreme Leader, Ayatollah Seyyed Ali Khamenei, as Tehran began formal state funeral ceremonies attended by foreign dignitaries, religious leaders and representatives from nearly 100 countries.

The Times of India

Insurance regulator IRDAI plans overhaul of commission rules to curb mis-selling, sources say

India's insurance regulator is set to overhaul distributor commissions, proposing payments spread over a policy's life to curb mis-selling and reduce high distribution costs. This move aligns India with global practices and aims to ensure customer suitability over sales volume. A draft framework is expected soon, potentially impacting how agents…

The Economic Times

'Are all citizens being made slaves of Indian govt': Bombay HC quashes externment order over CAA protests

The Bombay High Court has overturned an externment order against SDPI leader Saeed Ahmad Chaudhary, who organized protests against government policies like the Citizenship Act amendments. Justice Madhav Jamdar questioned the basis for the order, citing the right to protest and express dissent. The court emphasized that opposing government decisions…

The Economic Times

GoDaddy warns India's fake website crackdown could make internet less safe

GoDaddy warns India's crackdown on fake websites could endanger legitimate businesses globally. New court orders mandate releasing buyer details and prohibiting brand name variations, sparking a legal challenge. Experts fear this could expose individuals to harassment and force companies to exit India, impacting internet governance worldwide. The dispute highlights India's…

The Economic Times

Robotic elephants are replacing live ones at Kerala temple festivals, in photos

In India’s southern state of Kerala, robotic elephants are replacing live ones at some temple festivals. Rising concerns about elephant abuse and dangerous incidents led to the change.

The Independent UK

8th Pay Commission extends key data submission deadline to July 31; here's why it matters

8th Pay Commission latest news: The 8th Pay Commission has extended the deadline for submitting crucial employee data to July 31, 2026, citing difficulties faced by various government bodies. This vital information, including sanctioned strength, personnel numbers, and attrition metrics, must be uploaded exclusively through the commission's online portal. The…

The Economic Times

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The Economic Times

Sandip Sabharwal calls IT a tactical trade, stays bullish on autos

Market expert Sandip Sabharwal views India's IT sector as a tactical trading opportunity, not a long-term structural uptrend, despite lower valuations. He finds Avenue Supermarts' premium valuation unjustified despite respectable performance. Sabharwal is optimistic about the consumption story, citing Marico's strong results, and sees the auto sector well-positioned for growth,…

The Economic Times

Canada eases Super Visa wait for Indians; study permits slow despite steady work, visitor visas

Canada slashes processing time for Indian Super Visa applicants to just 50 days, a significant drop from 66 days. While work and visitor visas remain stable or slightly improved, students will face longer waits. Interestingly, Indian applicants generally experience shorter waits than those from the US for key visa streams,…

The Economic Times

The 'little boy' in the Pacific, India's monsoon and the big test ahead

India's crucial monsoon season has begun sluggishly, with a significant rainfall deficit raising concerns for the farm economy. Delayed sowing of key crops like rice and oilseeds is evident, particularly in central India. The strengthening El Niño phenomenon adds to the uncertainty, potentially impacting food inflation, agricultural exports, and imports.…

The Economic Times

ICAI CA Foundation May 2026 Toppers list: Check full list of toppers, pass percentage, how to check result and more

CA Foundation May 2026 Toppers list: Sakshi Jain from Nashik has topped the ICAI CA Foundation May 2026 exams, securing All India Rank 1 with an impressive 92.75%. Ayanabbas Ajani and Radha Unmesh Mulay from Maharashtra followed, claiming the second and third spots respectively. The results reveal a competitive field,…

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The Economic Times

India issues notice to Telegram, Signal on concerns over usernames, source says

India has issued notices to messaging apps Telegram and Signal, demanding explanations for safeguards on features allowing anonymous messaging. This move follows a similar directive to WhatsApp regarding its planned username feature. The government cites concerns over increased online fraud and impersonation. Digital rights groups have criticized the notices, particularly…

Times Life

Chanakya's 7 Wealth Habits That Successful Indians Still Borrow from the Arthashastra

Save Before You Spend, Not AfterChanakya's position on savings was unambiguous: set aside a portion of income before a single expense is met. The Arthashastra frames this not as virtue but as arithmetic. Whatever remains after spending is not savings, it is leftover. The Indian habit of saving what survives…

The Economic Times

What to know about the funeral and burial of Iran's former Supreme Leader Ayatollah Ali Khamenei and who's attending from India

Iran and Iraq prepare for the funeral of Supreme Leader Ayatollah Ali Khamenei, months after his death in a US-Israel war. The delayed ceremony, beginning Saturday, will gauge the theocracy's public support following recent crackdowns. The event's significance is amplified by the potential first public appearance of his successor, Ayatollah…

The Economic Times

Food inflation projected to average 6% in FY27 amid rainfall deficit concerns: CareEdge Ratings

India faces a challenging economic outlook with food inflation projected at 6% and CPI at 5% in FY27, largely due to a severe monsoon deficit impacting agriculture. Despite a widening non-oil trade deficit, strong services exports and a surge in FDI inflows are providing crucial support. Remittances also show robust…

The Economic Times

ICICI Bank mulls first benchmark dollar bond sale since 2017

ICICI Bank is planning its first benchmark US dollar bond sale since 2017, aiming to raise at least $500 million through offshore bonds. The proposed issuance comes after the RBI introduced a concessional foreign exchange swap facility, encouraging Indian lenders to tap overseas markets for funding.

The Economic Times

Nestle India declares special dividend of Rs 2. Check record date and other details

Nestle India, the maker of Maggi noodles, has announced a special dividend of Rs 2 per equity share, payable on July 30, 2026. This payout will be funded by retained earnings. The company also declared a final dividend of Rs 5 per share for FY26. The company had strong Q4…

The Economic Times

FMCG could outshine, IT guidance key this earnings season: Narendra Solanki

India's Q1 earnings season kicks off with a focus on sectoral performance. While banking, manufacturing, and auto ancillaries are poised for steady gains, the IT sector faces headwinds from AI disruption and global uncertainty. Investors are keenly watching for management guidance, especially from IT firms, as FMCG and discretionary consumption…

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