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The Latest Breaking News from India

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…

The Economic Times

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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

GCCs outpace IT services in tech hiring, driving AI & cloud talent

Global capability centres are now adding more employees than IT services firms in India. This trend shows a shift in how advanced technology talent is developed. GCCs are becoming key for AI and cloud roles. This expansion is reshaping the GCC enabler ecosystem. IT services firms still employ more people…

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

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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

Intel spinout Articul8 eyes $50 million for India heritage AI venture

Articul8, a spin-off from Intel, is raising $30-50 million to establish an India-based AI entity focused on traditional knowledge systems like Sanskrit. The venture aims to build "heritage models" trained on ancient Indian languages and cultural data, with potential applications in various fields and global preservation efforts.

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

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.

The Economic Times

Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fund

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

Indian aviation market offers long-term opportunities: Star Alliance CEO

India's aviation market presents significant long-term opportunities. Air India is poised to benefit from this growth. Demand for premium leisure travel is rising globally and in India. Star Alliance members are adapting to this trend. Air India's transformation is progressing well with Star Alliance support.

The Economic Times

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The Economic Times

India turns to nuclear power as Gulf risks rise

India is boosting its energy security. Investments are growing in solar, wind, and nuclear power. Recent geopolitical events highlight nuclear energy's role. India's nuclear program is advancing with new reactors and private sector involvement. The nation aims for significant nuclear capacity by 2047. This strategy diversifies energy sources and reduces…

Barchart

Sugar Prices Settle Lower on Brazilian Real Weakness

July NY world sugar #11 (SBN26 ) on Monday closed down -0.02 (-0.14%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -1.80 (-0.40%). Sugar prices erased an early advance on Monday and settled lower amid weakness in the Brazilian real (^USDBRL ). The real fell to a...

The Economic Times

Cost benefit in the long run: India needs right energy, at the right place and at the right time

Critics question the market viability of Small Modular Reactors (SMRs) due to high costs compared to renewable energy. However, a full system-cost study is needed. This analysis must include capacity value, industrial heat, and grid integration costs. India's nuclear program is advancing with indigenous SMR development. Policy and regulatory frameworks…

The Economic Times

Education policy failure is being dressed up as innovation, employer abdication as a skills gap

Indian universities are failing to equip graduates with needed skills. Private firms now offer expensive courses, creating a barrier for many. This practice disadvantages first-generation students. Employers once provided on-the-job training. Now, graduates must pay for certifications. This system replicates inequality. Universities and employers must collaborate to ensure affordable skill…

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The Times of India

'No visa laws that target India': What US official recently said on H-1B woes

As India contributes the highest number of H-1B visa holders to the US, any change in the H-1B visa rule affects Indi first. The social media vetting introduced in December 2025 pushed H-1B interview dates by months with thousands of H-1B visa holders getting stuck in India as they went…

The Economic Times

Zepto files updated papers for Rs 9,500 crore IPO; aims July listing

Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering includes a substantial fresh issue and a component for existing investors. This move brings the five-year-old company closer to one of the year's most anticipated new-age stock market debuts,…

The Economic Times

India 5th largest military spender in world in 2025, SIPRI report mentions May conflict with Pak

India emerged as the fifth largest military spender globally in 2025. The nation's defense expenditure reached USD 92.1 billion. India's nuclear arsenal saw an expansion. A severe military crisis between India and Pakistan occurred in May 2025. Global military spending rose to a record USD 2.9 trillion. Arms imports saw…

The Economic Times

AAP confirms no longer part of INDIA bloc, rules out future alliance with Congress

New Delhi: The Aam Aadmi Party's absence from INDIA bloc meeting on Monday confirmed that it was no longer a part of the opposition alliance.

The Times of India

Sanctioned vessel hit by US strike, 24 Indian crew members evacuated

An unladen oil tanker, MT MARIVEX, carrying 24 Indian crew members, caught fire near Oman. All seafarers were safely evacuated with Omani assistance. Sources suggest the Palau-flagged vessel, blacklisted by the US OFAC, was attempting to evade a US blockade when it became disabled. Investigations are ongoing to determine the…

The Times of India

They are not illegal aliens: 12 Indians involved with 'criminal tourism' in Canada, they came to steal

All of them have legal visas to enter and stay in Canada. But they did not come to the country to study or work. They were brought to the country for criminal operations. The Durham regional police arrested 46 individuals, including Indians, in connection with what they are now calling…

The Economic Times

India willing to open its market to high-quality, innovative pharma products, says commerce minister

India is ready to welcome high-quality global pharmaceutical products. This move is in exchange for better market access for Indian drug exports. The Indian pharma market is set to double in five years. Global companies are invited to invest in India's vast market and skilled workforce. India is a major…

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