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The Latest Breaking News from India

Textile stocks to rally? Emkay sees sector at inflection point to regain lost glory, initiates 'Buy' call on 3 stocks

India’s textile sector is nearing an inflection point and could regain lost global market share, according to Emkay Global. The brokerage initiated coverage with ‘Buy’ ratings on Arvind, Nitin Spinners and Sanathan Textiles, citing FTAs, tariff advantages over China, a strong domestic market and growing opportunities in technical textiles.

The Economic Times

Indians are growing more pessimistic about the economy. RBI Survey shows why

Urban consumers grew more pessimistic about the economy, jobs, and spending in May, with the Current Situation Index falling for the third consecutive round. Professional forecasters also lowered India's growth outlook for 2026-27 to 6.5%, citing emerging signs of softer demand and weakening sentiment.

The Economic Times

100 days of Iran war, Rs 4,50,000 crore wiped out: Is your stock portfolio safe from missiles?

Indian equities have lost Rs 4.5 lakh crore in 100 days as the Iran-led West Asia conflict and a global AI trade unwind trigger sharp FII outflows. Banking, oil and IT stocks led declines, while pharma outperformed. Analysts warn of earnings downgrades, though valuations are turning attractive in select segments.

The Economic Times

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Root cause: India’s spice crown under threat as quality concerns trace back to farms

Farm-level traceability, quality, value addition, and branding are key to converting export scale into global trust, according to experts.

The Economic Times

Avoid broad market bets now; focus on these 3 sectors instead: Shibani Sircar Kurian

Indian stock markets face ongoing volatility from West Asian geopolitical events. Despite this, earnings prospects remain strong. Investors should focus on specific companies with solid growth drivers. Kotak AMC favors large and mid-cap stocks. Banking, healthcare, and industrials are seen as key growth sectors for FY27. IT sector faces challenges,…

The Economic Times

INDIA bloc only a figment of imagination, lacks conviction on ground: BJP

The Bharatiya Janata Party has labelled the opposition INDIA bloc a mere imagination. The alliance faces internal conflicts and disagreements among its constituent parties. Leaders are set to meet to strategize against the BJP. However, the BJP asserts the bloc lacks real conviction and a common purpose, highlighting divisions.

The Economic Times

PV Sindhu eyes title breakthrough, Ayush Shetty leads men's single charge at Australian Open 2026

Two-time Olympic-medallist PV Sindhu aims to end her title drought at the Australian Open. Rising star Ayush Shetty spearheads the men's singles campaign. Several other Indian players are competing across various categories. The tournament begins on Tuesday. Sindhu faces a favorable draw as she seeks her first BWF World Tour…

The Economic Times

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4,800 illegal immigrants sent to Bangladesh from Bengal's border districts, says Suvendu Adhikari

West Bengal Chief Minister Suvendu Adhikari stated that 4,800 illegal immigrants have been sent to Bangladesh. He also detailed efforts to secure the India-Bangladesh border and outlined new welfare initiatives for women and healthcare improvements. The government is also implementing the Ayushman Bharat scheme and plans to announce further benefits…

The Economic Times

PM Modi terms welfare of the poor among key achievements of his govt's 12-year tenure

PM Narendra Modi highlighted his government's welfare initiatives over the past 12 years. He stated that India has seen significant transformations, with the welfare of the poor at their core. Schemes like Direct Benefit Transfer, Swachh Bharat, PM Awas Yojana, and Ayushman Bharat have aimed to provide dignity and opportunity…

The Economic Times

After her stellar show in Greece, Sports Minister Mansukh Mandaviya assures Atiqa Mir of support in F1 journey

Young Indian racer Atiqa Mir met Sports Minister Mansukh Mandaviya. The 11-year-old achieved recent success in Greece. Mandaviya offered full support for her journey to Formula 1. Atiqa is the first Indian supported by F1 Academy. She swept Round 2 of the Champions of the Future Academy. The minister wants…

The Economic Times

As India Inc’s AI adoption accelerates, data and infrastructure readiness come under spotlight

Priorities for next phase: Real-time decision-making, customer experience, sovereign control over data, and compliance.

The Economic Times

Suraj Hegde, secretary of All India Congress Committee dies

Suraj Hegde, a prominent Congress leader and vice chairman of Karnataka's Guarantee Committee, passed away. He was 55 and succumbed to cardiac arrest. Hegde served as an AICC secretary and former in-charge of the Indian Youth Congress. Several top Congress leaders, including Rahul Gandhi and Mallikarjun Kharge, expressed their deep…

The Economic Times

India bonds slip as US-Iran risks derail post-policy rally

Indian government bonds faced pressure early Monday. Escalating U.S.-Iran tensions pushed oil prices higher. This overshadowed recent supportive measures from the Reserve Bank of India. The central bank had announced steps to boost foreign investment in government securities. Higher oil prices impact India's inflation and current account deficit. Bond yields…

The Economic Times

Why India cannot let the rupee float

India’s exchange-rate debates often proceed as though the price of the rupee were merely another financial price best left to market correction and macroeconomic adjustment. In theory, a weakening currency performs a useful balancing function.

Newslaundry

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The Economic Times

AI isn’t just for large enterprises: Xebia's Anand Sahay on why MSMEs could be AI’s biggest winners

As India accelerates its sovereign AI ambitions, the focus is shifting from infrastructure to outcomes, how businesses can harness AI to improve productivity, efficiency, and competitiveness.

The Economic Times

Despite an Amazon offer, techie says applications still end in rejection: Reddit explains how to leverage engineer role for better opportunities

Software engineers with an Amazon India offer are still facing rejections from other tech firms. A Reddit discussion revealed that even a prestigious offer may not guarantee faster callbacks. Professionals suggest using referrals and reaching out directly to recruiters. Highlighting offer deadlines can also accelerate the process in a competitive…

The Economic Times

Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand ahead

Indian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural markets showing strong demand. Two-wheeler sales also increased. Dealers anticipate continued growth driven by monsoon progress and upcoming festivals. Electric vehicle adoption is rising across segments. The industry…

MyLifeXP

What BJP Said About CJP's Delhi Protest Sparked a Huge Debate

A few months ago, almost nobody had heard of the Cockroach Janta Party. Today, it is making headlines, attracting millions of followers online, and organizing protests in the heart of India's capital. What started as a satirical social media movement has suddenly found itself at the center of a national…

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The Economic Times

Rupee falls 17 paise to 95.35 against US dollar in early trade

The Indian rupee weakened by 17 paise to 95.35 against the US dollar in early trade on Monday, influenced by a strong dollar and geopolitical uncertainties. Elevated Brent crude prices, following Iran's missile launches towards Israel, further dented investor sentiment and impacted the rupee's performance.

The Economic Times

Indian envoy Vinay Mohan Kwatra meets senior United States counter-terror official Sebastian Gorka to discuss collaboration to tackle major terror groups

India's Ambassador to the US, Vinay Mohan Kwatra, held discussions with senior US counter-terrorism official Sebastian Gorka. They shared perspectives on global terrorism threats. Cooperation against groups like Al-Qaida, ISIS, Jaish-e-Mohammad, and Lashkar-e-Tayyiba was highlighted. This follows a joint statement from February 2025 between Prime Minister Narendra Modi and US…

The Economic Times

Adani Ports bags 10-year contract for Argentina’s first LNG export project

Adani Ports has secured a significant 10-year contract for Argentina's first liquefied natural gas export project. This deal, worth an estimated $70 million, marks Adani's entry into South America. Commercial operations are set to begin in September 2027. The project is poised to boost Argentina's role as a future LNG…

The Economic Times

The AI play no one is talking about: Why BofA is snapping up power & metals instead of IT

BofA Securities India's Amish Shah advises shifting from IT to infrastructure, citing a 'dangerous gap' in consensus earnings forecasts. He highlights that commodity-driven earnings won't command premium valuations, and warns of potential downside from current market levels. Shah's strategy favors value in financials, growth in data center-linked infrastructure and metals,…

Newslaundry

The farm failures keeping India hooked on imported oil

India meets only 44 percent of its domestic demand for edible oil and spends more than $20 billion a year on imports, a bill that is bound to increase with the war in West Asia disrupting global supply chains and India’s foreign currency reserves under strain.

The Economic Times

Petrol, Diesel prices hiked again on June 8 as crude oil surges? Check latest fuel rates in Delhi, Mumbai, Kolkata and other cities

Petrol, Diesel prices today: Global crude oil prices have surged amid Middle East tensions. However, Indian consumers are not feeling the pinch at the pump. Petrol and diesel prices remain steady across major cities. This stability is due to various factors influencing domestic fuel rates. India has also launched E85…

The Economic Times

India Inc hikes prices, shrinks packs as Iran war squeezes margins

Indian businesses face mounting pressure from soaring oil, freight, and insurance costs. Companies are increasing prices and reducing product sizes to protect profits. Many are also cutting operational expenses like advertising and travel. Supply chains are being reconfigured to manage disruptions.

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