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The Latest Breaking News from India

Zepto IPO anchor book nears closure; Norges, Motilal Oswal may take 40-45%

In a notable financial move, major investors like Norges and Motilal Oswal are expressing a keen interest in Zepto's upcoming initial public offering, which is valued at approximately Rs 11,000 crore. The anchor book is approaching its closure, with these investors poised to capture a substantial share. Zepto's valuation for…

The Economic Times

Reliance Jio's ARPU rises to Rs 215.6 as subscriber base crosses 533 million in Q1FY27

Reliance Jio reported strong June quarter results with ARPU rising to Rs 215.6. The telecom operator's subscriber base crossed 533 million, including 285 million Jio True5G users. Jio Platforms achieved record quarterly EBITDA of Rs 20,865 crore, expanding its margin. Reliance Industries saw consolidated revenue increase 24.5 percent year-on-year. Jio…

The Economic Times

Reliance Jio Q1 Results: IPO-bound telco’s net profit rises 9% YoY to Rs 7,764 crore; ARPU climbs to Rs 215.6

Reliance Jio Q1 Results: Jio Platforms reported a 9% YoY rise in Q1 FY27 net profit to Rs 7,764 crore, supported by higher ARPU, subscriber additions and digital services growth. The IPO-bound telecom major also highlighted its expanding broadband business and deep-tech focus as it prepares for a landmark public…

The Economic Times

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SBI Capital Markets, HDFC Bank among 4 book runners appointed for NLC India Renewables IPO

NLC India Renewables has engaged four investment banks to facilitate its much-anticipated initial public offering. This IPO is designed to enhance the company's capital structure, fueling its ambitious growth objectives. The firm aims to broaden its renewable energy initiatives and align with national energy goals, currently managing 1,785 MW in…

The Economic Times

India rejects claims of rift with Japan over bullet train project; says talks progressing well

India has dismissed reports of differences with Japan regarding the high-speed rail project. Bilateral discussions on the Mumbai-Ahmedabad corridor are progressing smoothly and remain aligned. India will deploy an indigenous train initially, as Japanese E10 trains arrive later. Construction work has progressed rapidly, with the first section opening in 2027.…

The Economic Times

Who Is Nitish Kaushal? Alleged Gangster On FBI's Most Wanted List Arrested In US

Nitish Kaushal, linked to the Jaggu Bhagwanpuria crime group, was arrested in Vermont as part of an international crackdown on Indian organised crime, facing serious federal charges in the US.

International Business Times UK

MEA clarifies Chabahar Port terminal unharmed in US attack, junks damage reports

India's Ministry of External Affairs confirmed the Chabahar Port terminal sustained no damage. Reports had suggested the strategic Iranian port might have been affected by recent airstrikes. The government acknowledged the reports but verified the terminal remained intact. India continues discussions with stakeholders regarding the Chabahar Port project. The operational…

The Economic Times

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MakeMyTrip India files confidential IPO DRHP with Sebi. Check details

MakeMyTrip has stealthily submitted documents for its Indian subsidiary's IPO, marking a significant step in expanding its market presence. The planned offering includes equity shares in MakeMyTrip India Ltd. By doing so, the company aims to boost brand recognition and motivate talent within the subsidiary. The funds raised will bolster…

The Economic Times

MakeMyTrip files IPO papers with Sebi via confidential route

The Economic Times

India bonds sink on oil spike, index-entry uncertainty

On Friday, Indian government bonds underwent a notable drop, with benchmark yields marking the steepest weekly rise in the past eight weeks. The surge in oil prices and concerns over index inclusion led traders to exercise caution, reducing their risk exposure as they approached the weekend. This trend is indicative…

The Economic Times

Artistic Gymnastics at Commonwealth Games 2026: Schedule, events, format and Indian athletes

Artistic Gymnastics will feature prominently at the 2026 Commonwealth Games in Glasgow. Athletes will compete across various apparatus testing strength, balance, and precision. Both individual and team all-around competitions will determine the top gymnasts. India will send a contingent of eight gymnasts to compete. These athletes will represent the nation…

The Economic Times

From losing father at 11 to Siachen: The story of Captain Shiva Chauhan, the first woman army officer deployed at the world's highest battlefield

Captain Shiva Chauhan made history as the first woman Army officer deployed on Siachen Glacier. She achieved this after rigorous training and demonstrating exceptional endurance in challenging environments. Her posting at Kumar Post marked a significant milestone for women in the Indian Army. Chauhan's journey began with a childhood dream…

The Economic Times

Landmark court victory for car owner fuels growing row over India’s ethanol policy

Ethanol carries less energy than petrol, so a car burns more of it to cover the same distance. Owners complain that the now ubiquitous E20 fuel cuts their mileage as a result

The Independent UK

India's forex reserves rise $964 million to $675.16 billion for week ended July 10

India's foreign exchange reserves increased by $964 million to $675.16 billion. Foreign currency assets, the largest component, grew by $930 million during the week. Gold reserves also recorded an increase, rising by $24 million to $105.23 billion. Special Drawing Rights and reserve tranche position with the IMF saw minor increases.…

The Economic Times

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Newslaundry

Will Indian women footballers win a World Cup before the men? | Let’s Talk About Indian Football

As the FIFA World Cup 2026 wraps up, we ask the question India keeps avoiding: what’s stopping us from competing on that stage, and why do we forget football the moment the tournament ends?

The Economic Times

West Asia crisis, uncertain monsoon major risks for growth: RBI Governor Sanjay Malhotra

Reserve Bank Governor Sanjay Malhotra noted West Asia crisis and weak monsoon pose growth risks. India's economy grew over seven percent recently, supported by strong fundamentals. The central bank projects 6.6 percent GDP growth for the current financial year. Inflation forecasts are raised to 5.1 percent, driven by supply-side factors.…

The Economic Times

AI skill demand rises over 17-fold in tech jobs, six-fold in non-tech jobs since 2020

AI skills are now a baseline workplace capability across India. Demand for AI skills in technology jobs has seen a significant increase. Non-technology roles also show a substantial rise in AI skill mentions. Professionals with AI expertise command higher salaries and experience faster growth. Workforce development is crucial for realizing…

The Independent UK

Joe Root backs England to ‘learn on the job’ ahead of World Cup

England and India meet at Lord’s on Sunday to decide their three-match ODI series.

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The Economic Times

BJP says Congress insulting Indian identity after MP's remarks on Sanskrit

The BJP criticized a Congress MP's claim that Sanskrit originated outside India. This statement reflects the party's appeasement mindset and insults Indian civilization. BJP leaders stated that all Indian languages belong to India and are indigenous. They also linked such views to historical invaders and a disregard for Indian heritage.…

The Economic Times

India's development did not come to standstill despite oil supply crisis: PM Modi

Prime Minister Narendra Modi on Friday said India's railway network would have faced a major crisis during the recent West Asia conflict if it had remained dependent on diesel, highlighting that nearly 99% of Indian Railways has been electrified over the past 12 years.

The Independent UK

India accused of erasing Kashmir’s history after it orders review of books for ‘objectionable content’

Authorities arrest three publishers in restive Himalayan region for allegedly glorifying separatist leaders

The Economic Times

Bharat Tex 2026 sparks debate over integrated retailer-exporter format; organisers defend domestic focus

This year, the government merged the summer edition of the India International Garment Fair (IIGF) with Bharat Tex, which some exporters claim is taking the focus away from them.

The Economic Times

CAFE III norms signal faster EV shift in India while balancing automakers concerns: Nomura

CAFE refers to government regulations that require automakers to meet a specific average level of fuel economy or CO₂ emissions across their entire fleet of vehicles sold in a year. Under the draft notification, compliance will be evaluated over FY28-30 and FY30-32, giving manufacturers additional time to phase in electric…

The Economic Times

India's smartphone shipments fall 10% in Q2, biggest June-quarter drop in six years

India's smartphone shipments saw a significant ten percent decline year-on-year. Rising memory prices forced brands to increase handset prices, impacting demand. The budget segment experienced a substantial forty-five percent drop in shipments. Samsung was the only major brand to achieve shipment growth during this period.

The Economic Times

"Allegations against India were baseless, lacked facts or proof": Former envoy to Canada Sanjay Verma on Nijjar case

Former Indian High Commissioner to Canada Sanjay Verma said allegations linking India to Hardeep Singh Nijjar's killing were baseless and unsupported by evidence, reiterating New Delhi's longstanding concerns over Khalistani extremist activities in Canada.

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