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The Latest Breaking News from India

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

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

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

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

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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

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

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…

The Economic Times

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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...

Barchart

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…

The Economic Times

'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 Times of India

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 Economic Times

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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…

Barchart

Crude Oil Strength Lifts Ethanol and Sugar Prices

July NY world sugar #11 (SBN26 ) today is up +0.02 (+0.14%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.30 (+0.07%). Sugar prices are slightly higher today amid strength in crude oil. WTI crude oil (CLN26 ) is up more than +1% today, boosting ethanol prices...

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The Economic Times

Ram Charan’s wife Upasana Kamineni: Inside her ₹77,000 crore family legacy and powerful role in healthcare

Upasana Kamineni, wife of Ram Charan, is a prominent figure in India's healthcare sector, managing multiple roles within her family's ₹77,000 crore business empire. She also serves as an Independent Director for a global life sciences company. Meanwhile, Ram Charan's film 'Peddi' recently released, with Upasana showing her support at…

The Economic Times

190 vs 620: India has nuke edge over Pakistan but can it deter China?

China is rapidly expanding its nuclear arsenal, outpacing India in warhead numbers and technological advancements. India is enhancing its nuclear triad, focusing on a survivable second-strike capability. The expansion of India's submarine fleet and missile readiness are key developments. India's nuclear planning now emphasizes longer-range systems targeting China.

The Economic Times

5,300 of 36,000 Indian SIMs used in Cambodia for Rs 100-crore cyber fraud in India

Enforcement Directorate uncovered a massive cyber fraud network. Thousands of Indian SIM cards were activated fraudulently. These SIMs were then used from Cambodia to commit financial crimes across India. The agency has identified key individuals involved in this operation. Searches have been conducted, leading to the seizure of bank accounts…

The Economic Times

India Quotient partner Gagan Goyal to quit as churn at top VC funds in India continues

Gagan Goyal, a general partner at India Quotient, is leaving the early-stage venture capital firm, according to people aware of the matter. This departure follows the recent closure of India Quotient's largest fund and the elevation of two new partners. Goyal's exit adds to a trend of senior-level changes observed…

The Economic Times

Pakistan issues 737 visas to Indian pilgrims for Guru Arjan Dev Ji Martyrdom Day events

Pakistan has granted 737 visas to Indian Sikh pilgrims. They will travel to Pakistan for events commemorating the Martyrdom Day of Guru Arjan Dev Ji. These religious visits are scheduled from June 10 to June 19. This gesture aligns with Pakistan's commitment to religious shrine protocols. Many Indian pilgrims visit…

The Economic Times

India's climate-tech funding reaches $12.8 billion across 1,583 startups & 17 years

India's climate-tech sector has attracted significant investment, with startups raising $12.8 billion by June 2026. Driven by decarbonisation goals and energy independence, funding surged from $315 million in 2020 to $2.6 billion in 2025. Government initiatives and development finance institutions are fueling growth, with renewables leading but other segments gaining…

The Economic Times

India's crime rate falls 6%, cybercrime crosses 1 Lakh cases: SBI

India reports a decrease in overall crime, attributed to public investment, digitization, and enhanced surveillance. Cybercrime, however, is on the rise. Crime against women has also seen a reduction. Increased CCTV cameras and integrated command centers contribute to higher crime detection rates. Economic growth benefits from reduced crime.

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