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The Latest Breaking News from India

Bank holidays in July 2026: Banks to remain closed on these days in several states; check full list

July bank holidays: Bank customers should note upcoming July 2026 closures across various Indian states. Important banking tasks should be planned around these specific dates to avoid inconvenience. Consulting the RBI holiday calendar is advised before visiting your local branch.

The Economic Times

Over 10% of luxury home sales now come from NRIs across key global markets: Whiteland's Sudeep Bhatt

India's luxury housing market is experiencing a structural transformation, attracting significant global capital, particularly from Non-Resident Indians. Dwarka Expressway is emerging as a prime destination, driven by infrastructure development and a shift towards branded, professionally managed residences. High-net-worth individuals now view luxury real estate as a key component of wealth…

The Economic Times

How Mumbai’s poor waste segregation contributes to methane emission spikes

Earlier this year, Mumbai’s Kanjurmarg landfill—a place that takes in most of the city’s waste—was found to be one of the largest emitters of the greenhouse gas (GHG) methane in the world, and one of only two landfills from India to make it to the top 25 list. As global…

Newslaundry

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NRI Talk| For a Rs 50 crore NRI portfolio, structure matters as much as stock selection: Tarun Birani

NRIs view India with cautious optimism, recognizing its long-term growth potential despite recent market flatness and rupee depreciation. Domestic institutional investment provides a structural buffer against volatility. Experts advise focusing on earnings compounding, financialization, and manufacturing themes, while carefully managing currency risks and tax regulations for optimal portfolio construction and…

The Economic Times

Weather today: Will it rain at your location? Check latest forecast for Delhi, Mumbai and other cities

Weather Forecast Today: India braces for continued monsoon activity on Monday, June 29, with widespread rain, thunderstorms, and gusty winds anticipated. Delhi-NCR can expect relief from heat with showers, while Mumbai is under a yellow alert for heavy rain and lightning. Other major cities like Bengaluru, Kolkata, Chennai, Hyderabad, and…

The Economic Times

Indian humanitarian assistance reaches quake-hit Venezuela: Jaishankar

India has dispatched crucial relief supplies, medical equipment, and a field hospital to quake-ravaged Venezuela under 'Operation Amistad'. Two Indian Air Force C-17 Globemaster aircraft completed a 23-hour, 14,000 km journey, delivering 66 tonnes of aid, including a 41-member rescue team. This humanitarian mission aims to bolster ongoing relief efforts…

The Economic Times

PFC-REC merger approved! Here's what will happen to your existing shares after mega merger

PFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to create India’s largest power financing institution. Analysts advise staggered investment, citing regulatory approvals, execution risks and valuation concerns despite long-term sector support.

The Economic Times

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New rules from July 1, 2026: Aadhaar, passport, ITR deadline, credit card and railway changes you must know

July 2026 ushers in significant financial shifts for Indians. Expect revised credit card benefits, increased passport fees, and stricter railway penalties. Aadhaar email updates become free for a period, while new RBI rules aim to curb financial product mis-selling. Car prices are also set to rise, and taxpayers face approaching…

The Economic Times

'Truly remarkable gifts': Iceland Cricket trolls Gautam Gambhir after India's 0-2 T20 series loss to Ireland

Iceland Cricket has sarcastically mocked India's head coach Gautam Gambhir following their unexpected 0-2 T20I series loss to Ireland. This follows a similar jab last year after a Test series defeat. Ireland achieved a historic first-ever bilateral series win over India, defending 154 in the second T20I by one run.…

The Economic Times

Gold slips as US-Iran tensions lift oil, US rate-hike bets weigh

Gold prices dipped as escalating U.S.-Iran tensions fueled oil prices, while anticipated U.S. Federal Reserve interest rate hikes added further pressure. Despite a brief missile exchange, both nations reportedly agreed to de-escalate and resume talks. Meanwhile, Indian gold demand saw a premium emerge, contrasting with subdued activity in China. Other…

The Economic Times

What 'Cham Cham Cham Cham' Really Means in Hanuman Baan

Millions of devotees have heard the opening words of Hanuman Baan in reels, shorts, and devotional videos. The chant sounds powerful, mysterious, and unforgettable. Yet very few people know what these words actually mean. The opening verse is not just a collection of ancient sounds. Every word has a spiritual…

MyLifeXP

PoK protests, Islamabad's repression blow apart farce created by Pakistan

Pakistan's army chief's international peacemaker image clashes with domestic repression, particularly in 'Azad Kashmir'. Protests demanding freedom from Pakistani rule have erupted, mirroring past unrest in Balochistan and Khyber Pakhtunkhwa. The government's heavy-handed tactics, including internet shutdowns and media smear campaigns, are intensifying the crisis, raising concerns about Pakistan's internal…

The Economic Times

Badminton: Srikanth ends runner-up at US Open

India's Kidambi Srikanth secured a runner-up finish at the US Open Super 300 badminton tournament, losing a hard-fought final to Chinese Taipei's Su Li-yang. Despite a strong comeback in the second game, Srikanth couldn't overcome the pace and intensity of his younger opponent, ultimately falling in three games. This marks…

The Economic Times

Can a weak monsoon slow India's economy? Here's what investors need to know

A 10% rain deficit could add as much as one-percentage-point to headline consumer inflation driven by food prices, according to research by Yuvika Singhal, an economist at QuantEco Research. India’s cumulative rainfall was 43% below normal as of June 22.

The Economic Times

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The Economic Times

RBI seeks bigger money market access: What draft proposals mean for NBFCs and companies

The RBI has proposed widening participation in India’s term money market by allowing eligible NBFCs, mortgage lenders, companies and financial institutions to lend and borrow short-term funds. The move aims to deepen money markets, improve liquidity access and broaden participation, while imposing prudential exposure limits on eligible non-bank finance firms.

The Economic Times

India-Seychelles conclude umbrella line of credit agreement worth Rs 1250 crore

India and Seychelles have solidified their partnership with a Rs. 1250 crore line of credit for development projects and an extradition treaty to combat crime. The nations also agreed to integrate India's UPI payment system and explore outer space cooperation. Seychelles requested Indian aid for AI, cybersecurity centers, and a…

The Economic Times

China, India see top firms lose market cap share in AI lag

Major stock markets in China, India, and Hong Kong are lagging in the global AI race, with top companies now holding a smaller market share. This contrasts with Taiwan and South Korea, where AI leaders have significantly boosted their benchmarks. While diversification can offer stability, the absence of dominant AI…

The Economic Times

Stocks in news: Waaree Energies, Kotak Bank, HDFC Bank, Strides Pharma, Persistent Systems

Indian markets showed volatility, ending nearly flat despite positive signals. Analysts note Nifty faces resistance from key moving averages, with a decisive close above 24,200 crucial for further gains. Several companies like Waaree Energies, Kotak Bank, and Tata Motors are in focus due to significant developments, including US investigations, strategic…

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The Economic Times

Alternatives to OpenAI, Anthropic: With US prime AI off the table, India opts for fine China

Chinese open-source models, already popular among startups due to lower costs, may now make their way to large enterprises looking to avoid disruptions to top-dollar artificial intelligence projects. “The choice is pragmatic, not political,” said Nipun Kalra, managing director and senior partner at BCG.

The Economic Times

Travel on recovery road as war cloud clears and oil dips: MakeMyTrip group CEO

MakeMyTrip group CEO Rajesh Magow said the optimism level among airlines is improving, and noted that commercial LPG supply in the country is being restored. "The US looks like it wants to get out of the conflict one way or the other. There is hope now," he said. "The recovery…

The Economic Times

Who pays when Blockchain fails, ask experts flagging gaps

Unlike conventional digital systems, where responsibility typically rests with a platform operator, data controller or service provider, blockchain-based systems can distribute responsibility across developers, validators, node operators, enterprise users, intermediaries and public authorities. That makes it harder to determine legal responsibility when disputes arise or systems fail.

The Economic Times

Amazon, Flipkart spark quick commerce price war as Blinkit, Instamart hold the line

India’s quick-commerce market is back in a discounting spiral. Amazon and Flipkart are turning up the heat, but incumbents Blinkit and Swiggy Instamart are largely refusing to dive into the price war as they prioritise profitability, industry executives said.

The Economic Times

ETtech Q&A | We don't intend to get into last-mile quick commerce delivery: Delhivery CEO Sahil Barua

Gurugram-based Delhivery, which went public in May 2022, had been the bellwether for the performance of India’s ecommerce industry until the December 2025 listing of Meesho. Barua said that the company was increasingly witnessing vertical ecommerce players and direct-to-consumer (D2C) brands taking away market share from horizontals like Amazon, Flipkart…

International Business Times UK

Welcome to Donald Trump Avenue: Hyderabad Bestows Rare Honour to Trump with Road Renaming

Hyderabad has renamed a road near the US Consulate as 'Donald Trump Avenue,' sparking diplomatic interest and online ridicule. The move is seen as a symbol of India-US ties.

The Economic Times

FIFA World Cup 2026 Today Match Schedule (June 29) Indian Time (IST): Full match list, fixtures, India time (IST) and venues

FIFA World Cup 2026 match schedule for 29 June: The FIFA World Cup 2026 knockout stage heats up on June 29 with three crucial Round of 32 matches. Football giants Brazil face Japan, while Germany takes on Paraguay in late-night fixtures. The Netherlands will clash with Morocco in a highly…

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