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The Latest Breaking News from India

India’s quantum opportunity: Turning scale into strategic advantage

India has a structural advantage in quantum computing. Its size inherently creates challenging optimisation issues, offering a practical testing ground for quantum applications.

The Economic Times

What happened at the INDIA bloc meeting? Pushback against Congress, conciliatory end

The meeting of the INDIA bloc in New Delhi, on Monday, June 8, saw criticism of the Congress from several regional parties, introspection on the alliance’s functioning, and a decision to form a coordination committee and meet once every two months.

Newslaundry

Gukesh can take inspiration from Praggnanandhaa's perseverance and script turnaround: Viswanathan Anand

Legendary Viswanathan Anand lauded R Praggnanandhaa's competitive chess style. He suggested world champion D Gukesh learn from Praggnanandhaa's recent Norway Chess victory. Anand noted Praggnanandhaa's consistent fighting spirit and impressive concepts. He highlighted the strong competition among Indian Grandmasters, including Gukesh, Praggnanandhaa, and Arjun Erigaisi, pushing Indian chess forward.

The Economic Times

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Fitch cuts FY27 growth projection to 6.4%; US-Iran war to slow down economy

Fitch Ratings has reduced India's GDP growth projection to 6.4 percent for the current fiscal year. The US-Iran war is expected to slow economic activity in the September and December quarters. Rising prices will dampen consumer spending. For FY28, growth is expected to pick up to 6.7 percent. Fitch also…

The Economic Times

Why Rahul Gandhi Called This Teen a Hero of India's Youth

Most people assume that large examination systems are too powerful to question. After all, millions of students depend on them every year. But what happens when a teenager notices something that doesn't seem right? That question led 18-year-old Sarthak Sidhant on a journey that would spark national debate, trigger parliamentary…

MyLifeXP

Indian diaspora groups welcome court ruling striking down $100,000 H-1B visa fee

Indian diaspora groups in the US have lauded a federal court's decision to strike down the $100,000 H-1B visa fee, deeming it a fair move for the employment-based immigration system. This ruling, which found the fee unlawful without congressional approval, is expected to bring relief to stakeholders, though concerns about…

The Economic Times

US lawmakers cheer as court blocks $100,000 H-1B fee in major blow to Trump visa curbs

US lawmakers welcomed a court ruling blocking a proposed USD 100,000 H-1B visa fee, despite White House plans to appeal. The decision crucially protects the vital employment pipeline for highly skilled Indian professionals, who systematically secure the majority of these 85,000 annual US work permits.

The Economic Times

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SBI, PNB, other PSU bank stocks tumble up to 21% from record highs. Time to buy or wait?

Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India has introduced measures to attract foreign investment in government securities. Experts suggest these steps are positive for the banking sector. However, caution is advised, with a focus on quality banks possessing strong…

The Economic Times

Ind A vs SL A Live Streaming, Playing XI, Pitch and Weather Report: When and where to watch Vaibhav Sooryavanshi, Ruturaj Gaikwad tri-series match today

India A vs Sri Lanka A predicted live streaming: India A starts its Tri-Nation Series 2026 campaign against Sri Lanka A on Tuesday. The match will be played at the Rangiri Dambulla International Stadium. This tournament is a chance for young Indian players to impress selectors. Ruturaj Gaikwad and Prabhsimran…

The Economic Times

Indian Envoy Vinay Kwatra meets US corporate and tech leaders to boost AI and supply chain ties

India's Ambassador to the US, Vinay Mohan Kwatra, met top business and tech leaders to advance economic ties. In posts on X, he highlighted productive discussions with Walmart's CEO on supply chains, and with SCSP's chief on boosting India-USA cooperation in AI, quantum computing, and advanced technologies.

The Economic Times

Ghayal hoon isiliye ghatak hoon! Why a global tech crash could be the right medicine for wounded Nifty bulls

Global capital flows are shifting away from semiconductor-heavy markets like South Korea and Taiwan. This tech-led meltdown presents an opportunity for India. Foreign investors may return to Indian markets, which are seen as a diversified domestic-economy-led alternative. This shift could lead to an explosive rally for Indian stocks.

The Economic Times

Petrol, Diesel Price today: Check fuel rates in Delhi, Mumbai, Lucknow, Bhubaneswar and other cities

Today Petrol, Diesel Price June 9: Fuel prices in India remain at their highest since May 2022, with petrol and diesel seeing cumulative hikes of around ₹7.5-₹8 per litre due to the West Asia conflict impacting global crude oil prices. Despite recent minor fluctuations, oil marketing companies continue to face…

The Economic Times

'All India Nazi Party': KTR slams Rahul Gandhi over CM Revanth Reddy's HYDRAA remark

Bharat Rashtra Samithi (BRS) Working President KT Rama Rao launched a scathing attack against the Leader of Opposition in Lok Sabha, Rahul Gandhi, following Telangana Chief Minister Revanth Reddy's purported remark on linking Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) functioning to the actions of German dictator Adolf Hitler.

The Economic Times

Indian economy, government finances, see mounting costs from Iran war

India's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer, disruptions to supply and elevated prices are impacting growth, inflation, and government finances. The central bank's ability to manage these shocks is increasingly difficult.

The Economic Times

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The Economic Times

India slams Pakistan's 'trade and transit terrorism' and deadly Afghan airstrikes at UNSC

At the UN Security Council, India fiercely condemned Pakistan for blocking Afghan trade and launching deadly airstrikes that killed 372 civilians. Labelled "unprecedented 'trade and transit terrorism'", India contrasted Pakistan's aggression with its own extensive humanitarian aid, medical support, and educational scholarships for the Afghan people.

The Economic Times

After deeptech firms, expect RDIF rollout for Indian VCs soon

Last month, close to 20 Indian investors, which included Ideaspring Capital, Speciale Invest, Chiratae Ventures, Sixth Sense Ventures, and Blume Ventures, had applied for the RDIF. They were asked to present to a committee that will select the funds for capital allocation, sources said.

The Economic Times

Hotel giants bet India’s local travel boom can defy slowdown

Major hotel groups are investing heavily in India. They expect a surge in domestic travel to drive growth. This expansion continues despite economic concerns. PM Modi encourages local holidays. India's tourism market is set for significant expansion. New hotels are planned across the country. This signals a bright future for…

The Economic Times

India may have brokered a rupee truce, but hasn't won peace yet

India has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than during the 2013 currency crisis when overseas remittance limits were tightened. Instead, authorities are encouraging state-owned firms and banks to raise dollars abroad and bring them back to…

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The Economic Times

BRICS+ agriculture beyond borders: Trade and resilience for a food-secure world

With India’s leadership and BRICS+ cooperation, agriculture can become not only a source of food, but a foundation for resilience, prosperity and global trust.

The Economic Times

Gift Nifty hints at muted start for D-Street; key trading cues for today

Indian benchmark indices experienced a sharp sell-off on June 8, influenced by global market weakness, escalating geopolitical tensions, and rising crude oil prices. Analysts note the Nifty has approached immediate support at 23,000-23,200, a confluence of a bullish gap and retracement level. Foreign portfolio investors were net sellers, while domestic…

The Economic Times

Former Mirae Asset head Ashish Dave bets big on India's VC reset

Ashish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will invest in Series B and C startups. This move is part of a trend of seasoned investors starting independent funds. Sanskrit Capital will focus on fintech, consumer internet,…

The Economic Times

Wealth firm Nexedge Capital looking to close a $25 million funding round to be led by Mirae

Nexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million funding round. South Korean firm Mirae Asset Venture Investment is expected to lead the investment. This marks Nexedge's first institutional funding. The startup manages significant assets and serves numerous families. It competes with other emerging wealth…

The Economic Times

Chip startup AGNIT sets up GaN testing lab at IISc with Rs 3 crore investment

Indian semiconductor startup AGNIT Semiconductors has established a new GaN testing laboratory at IISc Bengaluru. This facility, built with a Rs 3 crore investment, will accelerate the commercialization of indigenous technologies. AGNIT aims to enhance validation and reliability testing for GaN chips used in defence and telecom.

The Economic Times

Sachin Bansal’s Navi in talks to raise $250-300 million from Prosus, Accel US

Sachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, potentially from Prosus and Accel Growth Fund. This funding aims to expand its lending business in Southeast Asia, following strong performance in India. The move comes after a period of regulatory scrutiny and a…

The Economic Times

Infineon taps CDIL, Kaynes to strengthen India chip collab

German chipmaker Infineon Technologies is expanding its engagement with India's semiconductor manufacturing ecosystem by partnering with CDIL and Kaynes Semicon. The company is transferring packaging expertise and plans to procure packaged components from these Indian firms, supporting the nation's ambition to localize chip production.

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