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The Latest Breaking News from India

‘If they can, why can’t we?’: Navneet draws inspiration from cricket’s World Cup triumph

Navneet Kaur seeks a World Cup title for India's hockey team. She draws inspiration from the women's cricket team's historic victory. The team began their campaign with a draw against China. Kaur feels confident and in the best phase of her career. She guides junior players while focusing on the…

The Economic Times

Ola Electric unveils Shakti energy storage portfolio for homes, businesses and grids

Ola Electric celebrated India's Independence Day with the introduction of its Shakti energy storage series. This groundbreaking lineup incorporates locally sourced LFP battery technology for various uses. Home users can expect the Shakti Gen2 to arrive by November 2026, while the Shakti Rack and Mahashakti for businesses will roll out…

The Economic Times

NITI Aayog proposes regulatory reforms to boost India's professional services exports

Regulatory reforms can unlock India's professional services export potential, according to NITI Aayog. Professional services are a key part of India's growing services economy. The report identified diverse and sector-specific regulatory frameworks as barriers. A four-pronged strategy and sector-specific reforms are proposed to address these issues. These measures could enhance…

The Economic Times

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RBI's heavy FX footprint revives memories of a tightly managed rupee

The Reserve Bank of India has stepped in, providing crucial support for the rupee amidst global economic uncertainties. State-run banks are actively engaging in dollar sales to ensure currency stability, reminiscent of a time when central bank measures were more decisive. Despite fluctuating oil prices, the rupee remains largely stable,…

The Economic Times

CenturyPly targets Rs 12,000 crore revenue by FY31, sees housing demand and exports driving growth

The company is expanding capacity across plywood, laminates, MDF, and particle board. New manufacturing facilities and branding investments will support this growth. Export opportunities are being actively pursued, especially in laminates. AI and digitisation are integrated to enhance manufacturing productivity and efficiency.

The Economic Times

Banking leaders urged to shape reforms as government readies panel for Viksit Bharat 2047

Finance Minister Nirmala Sitharaman said the government will soon set up a high-powered committee to chart the banking sector's role in building a "Viksit Bharat", with the panel set to draw on ideas and research emerging from two days of intensive discussions with banking sector stakeholders. Calling India's banks well…

The Economic Times

Rupee falls 17 paise to 95.59 against US dollar in early trade

In early trading, the rupee slipped by 17 paise against the US dollar as investor sentiment turned cautious following the Reserve Bank of India's announcement on its swap facility adjustment. The end of the FCNR (B) deposit facility on August 31 is causing concern among traders, even though prior forex…

The Economic Times

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NRI life insurance protection plans can be 50–60% cheaper in India: Should you buy here or in your country of residence?

NRIs can buy life insurance in India to protect financial obligations. Additional KYC and underwriting requirements apply for non-resident Indians. Premiums are paid through NRE, NRO, or FCNR accounts, and currency fluctuations matter. Country of residence impacts premiums and underwriting due to risk assessments. The location of financial responsibilities guides…

The Economic Times

India bonds dip as RBI's diaspora swap move dents sentiment

Early Monday saw a dip in demand for Indian government bonds following the RBI's closure of its swap window. This decision caused the benchmark bond yield to surge, hindering a crucial source of demand. Inflows exceeding $52 billion resulted in foreign exchange reserves hitting a four-month peak. Additionally, the surplus…

The Economic Times

Seaplanes in India get an electrifying push with SkyHop Aviation's new deal

SkyHop Aviation, India’s seaplane operator, is exploring electric seaplane deployment with Noemi Aerospace across India and South Asia. SkyHop plans up to 40 aircraft by FY2030, with electric and hybrid seaplanes potentially accounting for 20-25%. The company will initially connect Lakshadweep and mainland India, while evaluating Noemi aircraft for future…

The Economic Times

Sugar stocks Balrampur Chini, Triveni Engineering, Dhampur Sugar and others rally up to 7%. Here’s why

Sugar stocks rallied up to 7% as global sugar prices climbed to multi-month highs, with raw sugar touching 16.6 cents per pound and white sugar hitting a 15-month peak. Domestic prices have surged nearly 10% in a month to around Rs 5,000-5,090 per quintal in Mumbai. Deficient rainfall and expectations…

The Economic Times

Australia working holiday visa delays: What applicants, including Indians, need to know

Australia has slowed the processing of Working Holiday Maker visas amid a high volume of applications, even as the government reviews its broader migration policy. Home Affairs Minister Tony Burke has confirmed that applications are still being processed, but at a slower pace.

The Economic Times

A fake E20 bandh, anchors off air, and a mystery yet to be solved

Through the first week of July, Instagram reels began warning of a ‘Bharat Bandh’. Many were alarmist. Thumbnails urged people “not to step out of home”, said India was “on high alert”, and claimed public services would be disrupted on July 15. The shutdown, they said, was about E20 petrol.

Newslaundry

JMJ Fintech Q1 net profit rises 72.48% to ₹1.97 crore; AUM surges 82%

JMJ Fintech reported a 72.48% year-on-year net profit increase to ₹1.97 crore. Assets under management rose 82.11% compared to the previous financial year. The company launched a new technology-driven lending platform called Money bro. This platform aims to make borrowing faster and more convenient for customers. JMJ Fintech plans to…

The Economic Times

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The Times of India

Fake Iran nuclear post: How a fabricated X claim by Indian account created panic in Israel, US

A fabricated quote attributed to Iran’s Revolutionary Guards commander spread from an Indian X account to Israeli media and US politicians, eventually featuring in Prime Minister Benjamin Netanyahu’s speech, according to a review by The New York Times.

The Economic Times

UK based employee sold ESOP worth Rs 26 lakh, declared Rs 1 lakh short-term capital loss, Income Tax dept treated it as unexplained gains; He fights and wins case in ITAT Mumbai

UK-based Indian employee sold 1,540 L&T Infotech shares for Rs 26 lakh which he had acquired through ESOPs, declared Rs 1 lakh short-term capital loss; Tax dept treated it as Rs 29.59 lakh unexplained gains; ITAT Mumbai rules in employee's favour. Read the article to know why.

The Economic Times

How India's digital infrastructure opened global markets to Indian investors

Indian residents' outward remittances have significantly increased, reaching a record USD 31.73 billion by FY2023-24. Digital reforms and infrastructure upgrades have streamlined the process for investing abroad. Online Form A2 submissions and remote identification now allow faster transactions. Recent changes have removed value caps and widened permissible remittance purposes. These…

The Economic Times

India's aim to become global manufacturing hub by 2047 requires focused strategy: Niti Aayog

Niti Aayog identified key sectors for India's manufacturing growth by 2047. Chemicals, textiles, telecom, and solar PV are crucial for industrial acceleration. Addressing challenges like import dependence is vital for global leadership. A coordinated approach will drive manufacturing's central role in India's future.

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The Economic Times

India all out for 462 against Sri Lanka in first Test as Devdutt Padikkal scores 167

Concluding their first innings at 462 runs on the third day, India showcased a remarkable performance with Devdutt Padikkal scoring 167 runs. Asitha Fernando, who took the final Indian wicket, added to his figures. The standout bowler for Sri Lanka, Prabath Jayasuriya, achieved four wickets, especially after rain had caused…

The Economic Times

India's telecom & network equipment needs urgent policy support: NITI Aayog says sector could double GDP share

India's telecom sector needs policy support to boost domestic manufacturing and exports. Heavy reliance on imports, especially from China, poses supply chain risks. The sector has significant growth potential driven by 5G and expanding digital services. Targeted interventions can help achieve national policy goals and increase GDP contribution. Increased localization…

The Economic Times

India lets clean-energy projects pay to keep grid access after delays

India's power regulator allows clean energy firms to pay for extended grid access. Developers can secure extra time by paying daily fees per megawatt. This change helps projects delayed by land and financing issues. Companies receive up to twelve months for project commissioning. Failure to meet new deadlines risks losing…

Newslaundry

Why 4 in 10 Indian children go to private schools

Four in 10 Indian schoolchildren were enrolled in private unaided schools in 2025-26, up from 35.4 percent in 2018-19, according to Unified District Information System for Education (UDISE+) data.

The Times of India

US backs 'Islamic Nato': Trump calls Saudi-Turkey-Pakistan pact 'big, bold and important step'

US President Donald Trump on Sunday threw his weight behind the newly signed Mecca Joint Defence Agreement between Saudi Arabia, Turkey and Pakistan, calling it a “big, bold, and important first step”.

The Economic Times

Lalithaa Jewellery Mart's Rs 1,700-cr IPO opens: GMP signals 15% premium. Should you subscribe?

Lalithaa Jewellery Mart IPO GMP: Lalithaa Jewellery Mart has fixed the IPO price band at Rs 190–Rs 201 per share. The Rs 1,700-crore issue comprises a fresh issue of Rs 1,200 crore and an offer for sale (OFS) of Rs 500 crore by promoter and founder Kiran Kumar Jain.

The Economic Times

BGMI Lite Krafton confirms India launch: Release date, features, system requirements, download size and what we know so far

BGMI Lite Krafton: Battlegrounds Mobile India Lite is set to make its debut in India by the end of 2026, as confirmed by Krafton India. This streamlined version aims at catering to gamers using budget-friendly and older smartphones. Insights from PUBG Mobile Lite suggest exciting features for BGMI Lite. Stay…

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