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The Latest Breaking News from India

Modern conflicts will be shaped not only by fighter aircraft but also by AI, cyber warfare: Air Marshal Ashutosh Dixit

Air Marshal Ashutosh Dixit emphasized that India's future military strength hinges on AI, cyber warfare, and drones, not just traditional platforms. He urged MSMEs to become long-term national security partners, highlighting a significant ₹10 lakh crore opportunity in the expanding defence ecosystem.

The Economic Times

Bank of Baroda, India’s second-biggest state lender, aims to double size in 5 years

Bank of Baroda plans to double its balance sheet over the next five years, betting on strong economic growth in India, rising credit demand and expansion of fee-based income streams. CEO Debadatta Chand said scale and capital strength are essential for Indian banks to compete globally, especially as discussions continue…

The Economic Times

Manufacturing exports, earnings revival and AI: Why Mukul Kochhar sees Indian market staying resilient

Strong Q4 earnings and a structural manufacturing export opportunity are fueling optimism in India's equity markets, according to Mukul Kochhar. Despite geopolitical headwinds, robust corporate profitability and favorable trade agreements are expected to drive growth, with AI reshaping the IT sector's future opportunities.

The Economic Times

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Preparing for Rupee at 100: What does it mean for the economy and your stock market investments?

The Indian rupee is nearing the Rs 100 per dollar mark, driven by rising crude oil prices and foreign investor outflows. This depreciation fuels imported inflation, complicates RBI policy, and creates uneven impacts across equity sectors. Investors are advised to focus on resilient businesses as currency volatility persists.

The Economic Times

Skin Doctor case: Can you be arrested over your social media posts in India?

Social media influencer Dr. Neelam Singh, 'The Skin Doctor', was arrested by Delhi Police for alleged posts targeting businessman Sunjay Kapur's family. A lawyer called the case "baseless and frivolous," questioning the arrest's haste and suggesting external pressure. Indian law allows arrests for social media posts violating provisions like defamation,…

The Economic Times

With Chabahar Port in limbo, can India still reach Central Asia and Russia?

India's crucial trade route to Russia and Central Asia is at a critical juncture. US sanctions on Iran's Chabahar port create uncertainty for India's role. India is exploring options to maintain its presence. This development impacts the International North-South Transport Corridor. Analysts believe the corridor can survive but India's influence…

The Economic Times

We are seeing momentum for Indian investment in Sri Lanka, lot of interest in hospitality, ports, logistics: Ceylon Chamber of Commerce Chairperson

Sri Lanka aims to boost trade with India. The Ceylon Chamber of Commerce sees strong interest for Indian investments in hospitality, ports, and logistics. Sri Lanka's economy has recovered and stabilized. This presents new opportunities for partnerships and collaboration between the two nations. Regional cooperation is highlighted as key to…

The Economic Times

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These Indian Birds Secretly Change Colours in Sunlight

India’s forests, wetlands, and skies hide some of the most magical birds on Earth. At first glance, they may look ordinary. But the moment sunlight touches their feathers, something extraordinary happens. Blue suddenly turns turquoise. Green flashes into gold. Black transforms into metallic purple. These birds do not simply wear…

Times Pets

Bharti Airtel shares gain over 2% after Q4 results. Why Morgan Stanley sees more upside

Shares of Bharti Airtel rose over 2% on Thursday despite a 34% YoY fall in March-quarter consolidated net profit to Rs 7,325 crore. Investors focused on strong operational performance, with revenue climbing 16% to Rs 55,383 crore. Growth was led by steady momentum in the India business and resilient Africa…

The Economic Times

Rupee hits record low of 95.85/USD as energy risk worries deepen

The Indian rupee reached an all-time low on Thursday, driven by elevated oil prices and continuous foreign portfolio outflows. This has created strain on India's current and capital accounts, with the currency particularly vulnerable due to its heavy reliance on oil imports, especially if the Iran conflict persists.

The Economic Times

India’s top banks failing to tackle climate risk as threats grow

India's major banks are disclosing more climate data but not using it for lending decisions. Physical climate risks like floods and heat are worsening, impacting bank portfolios. Few banks conduct climate stress tests or phase out coal lending. The Reserve Bank of India is providing data but not mandating disclosures.…

The Economic Times

The Traitors India is now on BBC iPlayer. Is it worth watching?

While the show’s core mechanics remain unchanged, the casting and tone mark a significant departure from the British version hosted by Claudia Winkleman

The Independent UK

Crude@$100+: The Rs 3 lakh crore power boom you might be missing

The US-Israel-Iran conflict has significantly boosted India's power and energy stocks, with Nifty Energy's market cap rising by Rs 3 lakh crore as Brent crude exceeds $100. Foreign investors are pouring into power generation and transmission, viewing it as a macroeconomic hedge. Companies like Adani Power and BHEL are leading…

The Economic Times

Sensex surges over 800 points to cross 75,400; Nifty above 23,650 despite weak rupee

In a recent turn of fortunes, Indian stock markets experienced a notable rise for the second consecutive day. On Thursday, both the Sensex and Nifty indices surged as trading commenced, despite soaring oil prices and the rupee inching closer to all-time lows. Bharti Airtel's stock was a standout performer, propelling…

The Economic Times

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The Economic Times

Explained: Why Balrampur Chini, Dhampur Sugar, other stocks tumbled up to 4% on Thursday

Sugar stocks declined up to 4% on Thursday after India prohibited sugar exports with immediate effect until September 30. This move comes as domestic production is expected to fall below consumption for the second consecutive year, leading to the lowest stock levels since 2016-17. Exports under specific tariff rate quotas…

The Guardian - UK

‘A passion, but also a gamble’: why India’s gen Z are cashing in on the trend for secondhand fashion

Faced with rising costs and a lack of jobs, many young Indians are turning an online side hustle into a successful income – but the informal work isn’t always plain sailing

The Economic Times

US to impose visa curbs on 13 people linked to Indian firm over fentanyl

America has placed visa restrictions on thirteen individuals connected to Indian online pharmacy KS International Traders. These individuals are linked to the company for selling fake prescription pills containing fentanyl. The U.S. State Department stated the company generated revenue through trafficking this dangerous substance. This action follows previous sanctions against…

The Economic Times

'Too much Vishnu': Banker Uday Kotak says India needs more of Brahma and Mahesh to become a powerful economy

Veteran banker Uday Kotak urged India to embrace innovation and disruptive thinking to become a powerful economy, warning that excessive focus on preservation could hinder its rise. He emphasized the need for more creation and destruction, akin to Brahma and Mahesh, to drive economic change in a world increasingly defined…

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The Economic Times

Indian pharma firms flood west Africa with powerful opioids despite crackdown: AFP investigation

Indian pharmaceutical firms are exporting millions of dollars worth of powerful tapentadol opioids to West Africa, fueling a deadly drugs epidemic, according to an AFP investigation. Researchers found these high-strength pills are being added to the addictive "zombie drug" kush, leading to a surge in overdose deaths and addiction across…

The Economic Times

Petrol, Diesel Price Today: Check fuel rates in Delhi, Mumbai, Kolkata as sugar exports halted, milk gets costlier and gold import duty doubled

Petrol, Diesel Price (May 14): Petrol and diesel prices remain stable in India despite rising global crude oil costs and West Asian conflict. Oil marketing companies are absorbing significant daily losses, while the government has banned sugar exports to control domestic prices. Milk has also become costlier, and gold import…

The Economic Times

PM Modi to leave on five-nation tour tomorrow, discussions in UAE to also focus on strengthening energy security

Prime Minister Narendra Modi begins a five-nation tour tomorrow. The visit aims to strengthen India's ties with the UAE and four European nations. Discussions will focus on energy, defense, and technology. The tour includes the UAE, Netherlands, Sweden, Norway, and Italy.

The Economic Times

Gold edges up on weaker dollar ahead of Trump-Xi talks

Gold prices saw a slight increase on Thursday, influenced by a weakening dollar as investors closely watched the high-stakes meetings between U.S. President Trump and China's Xi Jinping. Meanwhile, U.S. producer prices surged, signaling accelerating inflation, while gold discounts in India reached a record high amid weak demand.

The Economic Times

Ex-Peak XV trio raises Mettle; Fintechs go licence hunting

Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and more in today's ETtech Morning Dispatch.

The Economic Times

India-bound LPG tanker MV Sunshine crossing Strait of Hormuz; Indian Navy, agencies provide all support: Sources

The India-bound LPG tanker MV Sunshine is safely navigating the Strait of Hormuz. The Indian Navy is providing support for its secure passage. Iran's Deputy Foreign Minister stated that peace in the Strait of Hormuz would improve safety. He also mentioned that Iran welcomes any Indian initiative to reduce regional…

The Economic Times

Need over ₹2 crore for foreign education? From scholarships to SIPs - know the smart ways parents can plan for expensive foreign degrees

The escalating cost of foreign education, often underestimated by Indian parents, necessitates early financial planning. Beyond tuition, accommodation, insurance, and currency fluctuations significantly increase expenses. Experts advise long-term investing through SIPs, considering education inflation and currency depreciation, to fund overseas studies effectively.

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