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The Latest Breaking News from India

From a shoe to RBI vault: The journey of the cursed Jacob diamond

The 184.75-carat Jacob Diamond is one of the world’s largest polished diamonds and is known for its unusual journey through Hyderabad’s royal court. Believed to have originated in the Golconda region, it was acquired by jeweller Alexander Malcolm Jacob, who tried to sell it to the sixth Nizam, Mir Mahboob…

The Economic Times

India Inc revenues jump 22% in June quarter, ICRA says

Corporate India began fiscal year twenty twenty-seven with strong revenue growth. Aggregate revenues for listed companies rose twenty-two percent year-on-year in the June quarter. Profitability remained under pressure, with operating profit margins declining significantly. Excluding the oil sector, performance was considerably stronger with healthy profit growth.

The Economic Times

Q1 earnings show resilience as demand, cost headwinds prove less severe than expected: ICRA

ICRA said India Inc’s Q1 FY27 earnings began on a stronger-than-expected note, with revenue growth accelerating to 22%. Despite margin pressure from higher commodity costs and weakness in oil refining and IT services, consumption-led sectors remained resilient. Healthy corporate balance sheets, rising capex and improving credit metrics offer support.

The Economic Times

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ITA backs 11 Indian projects; to advance over $18 bn in clean industry investment

Eleven Indian clean industrial projects will receive tailored support from the Industrial Transition Accelerator. These initiatives represent over eighteen billion dollars in potential investment and significant carbon abatement. Companies like Jindal Steel and JSW Steel are developing carbon capture technologies. ACME Group and ReNew are advancing green ammonia and methanol…

The Economic Times

Sugar stocks Balrampur Chini, Dhampur Sugar, Dalmia Bharat Sugar, others rally up to 7%. Here’s why

Sugar stocks rose sharply on Thursday as domestic sugar prices climbed 8-10% in a month to a seven-year high. Rising global sugar prices, worsening supply prospects in Brazil, higher ethanol blending, weather risks and lower output estimates in Thailand and India are tightening global supplies and supporting sugar prices.

The Economic Times

Independence Day 2026: The hidden role of food in India's fight against British rule

Independence Day 2026: Chapatis secretly moved across India, alarming British officials before the 1857 uprising. Later, Tiranga Barfi symbolized defiance with its tricolor layers. Sweets served as coded messages, like laddoos signaling bomb arrivals. Mithai shops provided cover for revolutionaries and distributed sustenance. Food's quiet role in resistance shaped India's…

The Economic Times

India bonds consolidate as traders seek fresh cues

Indian government bonds showed minor fluctuations as market participants remained cautious, looking for new cues. Meanwhile, oil prices settled amidst ongoing concerns over a possible peace deal between the U.S. and Iran. Investors seemed unfazed by recent inflation statistics from both the domestic scene and the U.S., which reinforced the…

The Economic Times

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Independence Day 2026 Theme, History, Significance: Why August 15 is celebrated one day after Pakistan’s I-Day and what this year’s theme means

Independence Day 2026 Know history, theme, and significance: India will celebrate its 80th Independence Day celebration on August 15, 2026, marking 79 years of independence from British rule. Know why India celebrates Independence Day on August 15 while Pakistan observes it on August 14, along with the history and 2026…

The Economic Times

Lenskart’s Meller sunglasses are Ray-Ban of the future, says Jefferies. Here’s why Wall Street giant is bullish

Lenskart’s strong Q1 FY27 performance, marked by sharp profit growth, revenue expansion and improving margins, has strengthened the bullish case among brokerages. Jefferies sees further potential from international growth, premiumisation, store expansion and Meller, which it believes could become a major global brand.

The Economic Times

Indian women's hockey team has real chance of a podium finish in World Cup: Goalkeeper Savita Punia

India's FIH Nations Cup victory provides significant confidence for the upcoming World Cup. Veteran goalkeeper Savita Punia believes the team can challenge global competitors. Recent Pro League matches demonstrated India's capability against top international sides. Players now take greater ownership of their fitness and preparation for matches. This marks Punia's…

The Economic Times

T20 leagues have already pushed international cricket to the backseat, says Harbhajan Singh

Former India great Harbhajan Singh believes T20 leagues threaten international cricket. He notes declining viewership for matches not involving top teams. Test cricket remains the ultimate examination of a player's skill. Franchise leagues attract large crowds and significant fan interest. This shift has caused international cricket to take a backseat.

The Economic Times

Gambhir is 'badhiya banda' but people can't digest his style sometime: Harbhajan

Harbhajan Singh defends Gautam Gambhir against criticism for his coaching methods. He acknowledges Gambhir's straightforward approach may be difficult for some to accept. Gambhir's coaching saw India win major tournaments while facing Test defeats. Harbhajan believes Shubman Gill is an ideal leader for the Indian cricket team. He rates Gill…

The Economic Times

NDA, INDIA bloc MPs clash with protests and counter slogans near the Parliament on Thursday

NDA and INDIA bloc MPs faced each other near Parliament's Makar Dwar with protests and counter slogans on Thursday. The situation unfolds over police actions during the Jharkhand paper irregularities issue as well as the alleged theft of donationd at the Ram temple in Ayodhya. NDA bloc MPs demanded answers…

The Economic Times

Passenger vehicle dispatches jump 34.3% YoY to 4,57,810 units in July: SIAM

India’s domestic passenger vehicle dispatches to dealers rose 34.3% year-on-year to 4.58 lakh units in July, according to SIAM. Two-wheeler sales increased 22.6% to 19.23 lakh units, while three-wheeler dispatches grew 33.4% to 92,560 units compared with July 2025.

The Economic Times

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The Economic Times

L&T bags mega ₹10,000-15,000 crore order to build India’s largest NVIDIA B300 AI factory

Larsen & Toubro will build India's largest AI infrastructure for Together AI. This mega order involves deploying ten thousand NVIDIA B300 GPUs in Chennai. The project marks L&T's significant entry into the AI Factory business sector. This facility will support large-scale AI training and inference workloads. The AI Factory is…

The Economic Times

From courts to communities: How Playo is turning recreational sports into a scalable business

Playo has emerged as one of India's leading sports-tech platforms by transforming recreational sports from a simple venue-booking service into a thriving community ecosystem.

The Economic Times

Maruti, Tata, Mahindra raised E20 fuel contamination concerns, emails show

Automakers privately expressed concerns about E20 fuel contamination, citing chloride and moisture issues. This data emerged after the auto lobby withdrew a complaint to the government. Industry tests found high chloride and moisture levels in many fuel samples. These contaminants are reportedly harming vehicles and reducing performance.

The Economic Times

RBI turns upbeat as worst of Iran war shock recedes

India’s economy is showing resilience five months after the Iran war sparked fears of inflation and a downturn. Inflation remains within the RBI’s tolerance band, while vehicle sales, credit growth and GST receipts point to firm demand. Strong corporate balance sheets and festive-season spending are further bolstering optimism despite renewed…

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The Economic Times

Which Tata stocks look attractive now? Jefferies picks 4; flags TCS and 2 others

Jefferies believes Tata group stocks should remain driven by business fundamentals despite N Chandrasekaran’s planned exit as Tata Sons chairman in February 2027. The brokerage’s top picks are Tata Consumer Products, Tata Steel, Indian Hotels and Voltas.

The Economic Times

Credent Connect N Care raises Rs 26.53 crore from 10 anchor investors; Sunil Singhania's Abakkus Asset among top investors

Credent Connect N Care raised Rs 26.53 crore from 10 anchor investors ahead of its IPO, with Abakkus Asset Management emerging as the largest participant. The healthcare logistics company’s Rs 93.90-crore IPO opened on August 13 and will remain open until August 17. The issue carries a price band of…

The Economic Times

Swadeshi 1.0 vs. Made in India 2.0: How India turned a 1905 boycott into a 2026 business strategy

Independence Day 2026: From the Swadeshi movement to Atmanirbhar Bharat. Early Swadeshi movements fostered indigenous industries against imperial rule. Modern policies like Make in India 2.0 drive global competitiveness and expansion. Production-Linked Incentive schemes have spurred significant investment and job creation. India now leads in mobile phone production and aims…

MyLifeXP

How Urmila Helped Lakshman Defeat Meghnad

The Ramayana is filled with stories of courage, devotion and sacrifice. But some of its most powerful stories belong to people who remained in the background. One such story is that of Urmila, Lakshman’s wife. While Lakshman followed Lord Ram and Sita into the forest, Urmila remained in Ayodhya. At…

The Economic Times

State Bank of India's successful dollar debt sale prompts Bank of Baroda to test waters, bankers say

Bank of Baroda is actively seeking dollar funding avenues to bolster its operations, inspired by the successful foreign-currency bond issuance led by State Bank of India. The bank is considering a dual-tranche bond sale with maturities of three and five years. Indian banks are keen on dollar borrowings as they…

The Economic Times

Mirae Asset Venture raises Rs 1,125 crore in first close of new India-dedicated fund

This compares with the firm’s first flagship fund, which had a corpus of Rs 370 crore, and a late-stage vehicle it launched with a corpus of Rs 700 crore.

The Economic Times

Lenskart Solutions shares jump 7% after Q1 results; Jefferies, Goldman Sachs, 3 others raise target price

Lenskart Share Price: Lenskart shares rose after Q1 FY27 profit surged 182% YoY to Rs 228 crore, while revenue grew 34% and EBITDA jumped 61%. Margins also improved sharply, with product margin crossing 70%. Jefferies, Morgan Stanley and Goldman Sachs remain positive, citing strong growth, margin expansion and premiumisation, with…

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