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The Latest Breaking News from India

‘If Indians stop buying gold for one year, how much would India benefit?’ User asks billion-dollar question to AI, the reply will shock you

India Gold Buying: A viral X post questioning the economic impact of India's gold obsession sparked a national debate. With gold imports soaring, economists suggest reducing purchases could ease the trade deficit and strengthen the rupee. However, gold's deep cultural and emotional significance complicates any drastic shift.

The Economic Times

Rupee's rough patch worsens on oil, outflow strain; central bank likely steps in

The rupee and other currencies of oil-importing countries have been among the hardest hit following a near 50% surge in Brent crude prices since the Iran war began. The Philippine peso and the Indonesian rupiah have also been impacted severely, with the latter hitting a record low on Tuesday as…

The Economic Times

Reforms will continue; industry needs to spend more on R&D, shed protectionist instinct: NITI Member

NITI Aayog Member Rajiv Gauba urged Indian industry to boost R&D investment and shed protectionism to become a global production hub. He emphasized the need for "nuts and bolts" reforms to foster trust-based governance, while industry leaders called for institutionalized, measurable reforms and clear laws.

The Economic Times

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State banks record all-time high net profit of Rs 1.98 lakh crore in FY26: FinMin

Public Sector Banks have achieved a record net profit of Rs 1.98 lakh crore in FY 2025-26, marking their fourth consecutive year of strong financial performance. Improved asset quality, robust credit growth, and increased income fueled this historic achievement. Banks are now well-capitalized and poised to support India's economic expansion.

The Economic Times

India's retail inflation edges up to 3.48% in April as food prices firm up

India's retail inflation saw a slight increase to 3.48 percent in April. This rise was primarily due to higher food prices. However, the overall inflation rate remains comfortably below the Reserve Bank of India's target of 4 percent. Food inflation itself climbed to 4.20 percent. Personal care and miscellaneous goods…

The Economic Times

The Dalit clock: From Ambedkar to Thirumavalavan

How might one engage with the here and now of politics, without getting instrumental and cynical? How might one be productive in the present, without surrendering entirely to what it offers by way of power and self-achievement? The time of politics for India’s Dalits has been one that straddles the…

Newslaundry

‘RA&W has entered Pakistan Assembly’: MLA claims lawmakers working for Indian intelligence agency. Watch

A Pakistani lawmaker accused colleagues of working for Indian intelligence agency RAW during a heated assembly session. The accusation sparked loud protests and interruptions, which led the Speaker to cut off the legislator's microphone. This incident has fueled debate about growing hostility within Pakistan's political system. The viral clip is…

The Economic Times

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Supreme Court likens Kapur estate feud to “Mahabharat” amid ₹30,000-crore battle

The Supreme Court on Tuesday drew a striking parallel between the ongoing Kapur family inheritance dispute and the Indian epic Mahabharat, observing that the scale and intensity of the feud would make the ancient war “look very small”.

Whats Hot

FAIMA demands time-bound probe, strict accountability in NEET paper 'leak'

The Federation of All India Medical Association demands a swift investigation into the NEET-UG exam paper leak. They seek accountability for those responsible for the cancellation. This incident has deeply affected lakhs of aspirants. FAIMA emphasizes the need for transparency and fairness in medical education.

The Economic Times

Bajaj Finserv to up mkt share despite competition, aims to serve every Indian household in 10 yrs: CMD

Bajaj Finserv aims to expand its market share and reach every Indian household within the next decade, leveraging India's economic growth and digital public infrastructure. The company, unfazed by competition, emphasizes innovation and a commitment to societal good, having already brought 25 million Indians into the formal financial system.

The Economic Times

Chanel for Chandigarh, Mango for Mangaluru: India’s luxury map shifts beyond metros

India's retail landscape is shifting as smaller Tier-2 cities are now attracting global brands and premium malls, outperforming larger metros. A new study reveals a parallel retail economy emerging, driven by strong consumption power and modern infrastructure in these rapidly developing urban centers.

The Economic Times

LANXESS inks pact with HPCL to sell aviation, industrial lubricants in India, SAARC region

Speciality chemicals firm LANXESS has signed an agreement with Hindustan Petroleum Corporation Limited HPCL to market aviation and industrial lubricants in India and the SAARC region. The partnership aims to provide advanced lubricant solutions.

The Economic Times

Texas Republicans spent years courting Indian voters. Then came talk of the “Indian takeover.”

A North Texas city has become the epicenter of a collision between the GOP’s efforts to win over Indian American voters and some conservatives’ nativist agenda.

The Texas Tribune

India, Russia in advanced talks on critical minerals pact, sources say

India and Russia are nearing a critical minerals deal. The agreement will cover exploration, processing, and technology for vital resources like lithium and rare earths. This move aims to reduce India's reliance on China. Corporate investments will also be facilitated.

The Economic Times

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The Economic Times

India cannot afford to be just an AI consumer: Sarvam AI’s Pratyush Kumar

India needs to develop its own large-scale artificial intelligence models. Sarvam AI plans to train a trillion-parameter AI model soon. This move is crucial for India to lead in AI development. Owning foundational AI models will drive economic and technological growth. India must invest in computing infrastructure and research talent.

MyLifeXP

Could Deleted Votes Have Changed 31 Bengal Seats?

What happens when the number of deleted voters becomes bigger than the winning margin in an election seat? That question is now at the centre of a major political and legal debate in West Bengal after All India Trinamool Congress made explosive claims before the Supreme Court of India. The…

The Economic Times

'Nobody will fly': India's plane versus train battle gets a twist

India's Railway Minister said upcoming bullet trains will dominate short-haul routes like Mumbai-Pune and Bengaluru-Chennai, mirroring global trends. This strategic shift prioritises high-speed rail for premium intercity travel, potentially reshaping India's transport landscape and economic integration by compressing travel times and fostering regional growth.

Newslaundry

Over 1 lakh pending cases: Noida burned after years of silence in labour courts

Ram Kishan left for work before his family woke up. It was November 3, 2017, and the Moser Baer plant in Greater Noida had been dark for two days – management had called it maintenance, told workers to come back on the third day. So Kishan showed up at the…

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The Economic Times

Jewellers say people were already recycling, exchanging old gold instead of new purchases amid PM Modi's appeal

Indians are smartly buying gold. High prices mean more people are exchanging old jewellery for new. This reduces the need for fresh gold imports. Companies like P. N. Gadgil Jewellers and Tanishq see a big jump in these exchanges. Consumers are viewing old gold as an asset to be redesigned.…

The Economic Times

Would love to see Dhoni in European T20 Premier League, will miss Indian cricketers: Abhishek Bachchan

Actor Abhishek Bachchan expressed a desire to see retired Indian cricketer Mahendra Singh Dhoni in the new European T20 Premier League. However, current BCCI regulations prevent active Indian cricketers from playing in overseas T20 leagues. Bachchan believes the league will still attract top global talent and provide quality entertainment for…

The Economic Times

Oil market enters tight supply phase after years of underinvestment: Nikhil Bhandari

Global energy markets are entering a structurally tighter phase due to years of underinvestment in crude oil and refining. While renewables are growing, grid constraints persist, and downstream product shortages are emerging, signaling a multi-year squeeze across the energy sector.

The Economic Times

Quality consciousness key to global competitiveness, says consumer affairs secretary

Consumer Affairs Secretary Nidhi Khare urged Indian manufacturers to make quality standards central to operations to strengthen global competitiveness, saying quality, safety and reliability now matter as much as cost and scale.

The Economic Times

Domestic flows powering Indian markets despite FII exit: Gautam Trivedi

Despite foreign investor outflows, domestic investors are bolstering Indian equities, keeping benchmark indices resilient. Market veteran Gautam Trivedi notes a divergence between the economy and stock market, with India appearing unattractive to foreign investors compared to AI and commodity-linked emerging markets. Domestic inflows, driven by retail and institutional investors seeking…

MyLifeXP

Why Hanuman Appears in Both Ramayana & Mahabharata

Among all the extraordinary figures in Hindu tradition, Hanuman occupies a uniquely powerful place because he appears not in just one great epic, but in both the Ramayana and the Mahabharata. For millions of devotees, this connection has always carried deep spiritual meaning. Hanuman is not merely remembered as the…

The Economic Times

Uber CEO Dara Khosrowshahi begins five-day India visit; meets finance minister Nirmala Sitharaman

Uber CEO Dara Khosrowshahi is in India, meeting top ministers to discuss strategic investments and platform growth. He highlighted a quadrupling of earners on Uber's platform since 2022, emphasising partnership for India's development. The visit occurs amid heightened competition and Uber's focus on premium services and fleet operator investments.

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