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The Latest Breaking News from India

Aswath Damodaran explains why country risk is no longer just an emerging market problem

Valuation expert Aswath Damodaran argues that country risk is no longer limited to emerging markets as global companies face political, legal and economic shocks across borders. From US sovereign debt concerns to overseas revenue exposure, investors must factor country-specific risks into valuations regardless of where companies are listed.

The Economic Times

Aurum PropTech acquires Housing.com at enterprise value of Rs 458 crore

Aurum PropTech acquired a property classified platform for Rs 458 crore. This strategic acquisition aims to build a unified AI and data architecture. REA India will increase its shareholding in Aurum PropTech to 24.9 percent. The combined entity will span property discovery, transactions, and rentals. This integration creates a comprehensive…

The Economic Times

NITI Aayog roadmap targets USD 691 bn bioeconomy by 2035; Jitendra Singh says India ready to lead biotech revolution

India's bioeconomy can reach USD 691 billion by 2035, creating millions of high-value jobs. The nation aims to become a top global biotechnology power, driving future growth. A roadmap proposes six National BioMissions and a significant growth fund for development. Talent development, including engineering biology courses, is deemed critical for…

The Economic Times

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'Urgent need for us to collaborate, take decisive actions': NSA Ajit Doval at 5th BIMSTEC security meeting

National Security Adviser Ajit Doval urged enhanced BIMSTEC cooperation to address evolving security challenges. He highlighted the need for decisive actions and mutual benefit among member states. BIMSTEC unites 1.7 billion people and represents significant economic potential for the region. The grouping has strengthened cooperation in fighting terrorism and transnational…

The Economic Times

JSW MG Motor launches MG ADAPT, India's first multi-NEV platform

JSW MG Motor India has unveiled its new MG ADAPT platform for future vehicles. This innovative architecture supports electric, hybrid, and range extender vehicle technologies. The platform aims to enhance driving range and improve overall vehicle efficiency. Future models will debut on this flexible and intelligent technology backbone. This development…

The Economic Times

India-UK trade deal: Luxury cars get cheaper, but your Scotch will have to wait

British carmakers are quickly passing on tariff benefits from the India-UK CETA trade agreement. Price reductions for Scotch whisky and gin will take longer to reach consumers. Jaguar Land Rover and McLaren have already announced cuts on UK-built car models. Alcohol remains heavily taxed, impacting the speed of price adjustments…

The Economic Times

India proposes CAFE-III norms to tighten fuel efficiency standards for passenger vehicles

New fuel economy standards for passenger vehicles are proposed by the Ministry of Power. These Corporate Average Fuel Economy-III norms will apply from 2027-28 to 2031-32. Carmakers must meet fleet-wide fuel efficiency targets under the proposed rules. The aim is to improve fuel efficiency and lower vehicle emissions across India.

The Economic Times

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RBI proposes stricter data governance framework for banks, NBFCs; seeks feedback by Aug 17

The Reserve Bank of India has proposed a new data governance framework. This framework aims to strengthen data risk management for financial institutions. Banks and NBFCs will need to implement robust data lifecycle controls. A board-level committee will oversee the new data governance policies. This initiative seeks to ensure data…

The Economic Times

FIIs will return to India, but these 5 reasons will keep them at bay for some time

FII selling has remained a key headwind for Indian equities since 2024, with foreign investors pulling out $32 billion amid the Middle East conflict. While recent inflows have provided some relief, Elara Securities believes a sustained, broad-based return of overseas capital is still some way off.

The Economic Times

PM Modi to flag off India's first hydrogen train on Friday

Prime Minister will flag off India's first hydrogen-powered train on Friday. He will also launch development projects worth around Rs 14,700 crore in Jind. Later, he will inaugurate projects exceeding Rs 4,700 crore in Chandigarh. The prime minister will then visit Jalandhar for more development projects. These initiatives mark significant…

The Economic Times

Laser Power & Infra lists at 26% premium. What should investors do now?

Laser Power & Infra debuted at a 26% premium over its IPO price, rewarding investors on listing day. Analysts recommend holding the stock for the long term, citing its strong order book, debt reduction plans and favourable growth prospects from India's expanding power infrastructure and wires & cables market.

The Economic Times

PM Modi pushes to cut imports to shield India from shocks

India is likely preparing a major import substitution drive as geopolitical tensions and supply chain risks push the government to reduce dependence on foreign goods. The Centre is identifying over 100 products for domestic manufacturing, while boosting incentives for semiconductors, smartphones, fertilisers and critical industries to strengthen India's economic resilience…

The Economic Times

India vs England Playing 11, 2nd ODI: Predicted lineups, key changes with Rohit Sharma and Virat Kohli in focus

IND vs ENG Playing 11: India seeks a series win today at Sophia Gardens after their first ODI victory. Skipper Shubman Gill's fitness remains a significant concern for the Indian team. The middle order provided crucial support in the previous match's successful chase. Rohit Sharma and Virat Kohli aim to…

The Economic Times

Global growth set to slow to 2.5% and India 'will lose a step too': Moody's Analytics

Moody's Analytics expects global growth to slow to 2.5% in 2026, saying India too "will lose a step" amid a broader moderation in activity. The report said the AI boom has prevented a steeper downturn but warned that geopolitical tensions, trade frictions and inflation continue to pose downside risks to…

The Economic Times

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The Economic Times

Innovation is not an Event. It is an Ecosystem.

India celebrates startup milestones but needs stronger ecosystems for deep-tech ventures. The next generation of startups requires physical infrastructure and experienced mentors. Innovation journeys begin early with curiosity and require continuous support through university. Chitkara University is building a pipeline from school labs to venture incubation. These connected institutions will…

The Economic Times

India key EU partner for semiconductors due to skilled talent pool: European Commission VP

The European Union considers India a vital partner for semiconductor supply chain resilience. India's skilled talent pool makes it important for research and development efforts. Both nations agreed to deepen cooperation in advanced technology sectors. India's Semicon 2.0 program aims to boost its semiconductor ecosystem significantly. This collaboration strengthens global…

The Economic Times

Strait of Hormuz attack: Indian Consulate officials visit hospitalised MT Al Bahiyah, MT Mombasa seafarers, assure support

Indian Consulate officials visited seafarers injured in a recent tanker attack. They offered full support and assistance to the recovering crew members. The officials met with injured Indian seafarers in hospitals across the UAE. This visit followed an attack on two commercial tankers in Omani waters. The UAE Ministry of…

The Economic Times

FCNR(B) FD interest rates for NRIs: HDFC Bank, SBI, PNB, ICICI Bank and Axis Bank- which offers highest maturity on USD deposits

Government support for FCNR(B) deposits until September 2026 has sparked renewed investor interest. Banks are now offering higher interest rates on these foreign currency accounts. Non-Resident Indians can benefit from avoiding Indian currency depreciation risks.

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The Economic Times

The Rs 1.5 lakh crore bank guarantee link that could rattle NSE, BSE and MCX

Revised RBI norms on bank guarantees could squeeze proprietary traders by sharply reducing leverage and raising funding costs, potentially hurting derivatives trading volumes. Analysts say the move, along with higher STT, may weigh on the valuations of exchange operators such as NSE, BSE and MCX.

The Economic Times

India bonds extend recovery tracking rise in U.S. Treasuries

Indian government bonds saw gains for a second straight session on Thursday. This followed overnight increases in U.S. Treasuries after softer economic data emerged. Softer U.S. inflation data eased concerns about an imminent Federal Reserve rate hike. Lower U.S. yields eased pressure on emerging-market debt, helping Indian bonds recover. State-run…

The Economic Times

E20 petrol damages Maruti Grand Vitara: In a first, consumer court orders manufacturer & dealer to replace the car or pay over Rs 21.6 lakh to Chhattisgarh car owner

E20 petrol battle reaches court: A consumer court has ordered a vehicle manufacturer and dealer to reimburse repair costs after a vehicle owner claimed that using E20 petrol led to persistent engine problems. The commission noted that motorists have limited alternatives as E20 petrol has become widely available at fuel…

The Economic Times

US says Brazil's tariff concessions favour India, Mexico in 301 probe

The United States Trade Representative announced tariffs on certain Brazilian imports. These tariffs target Brazil's preferential trade arrangements with India and Mexico. The US claims these deals disadvantage American exporters unfairly. Brazil offers lower tariff rates to India and Mexico on many goods. The United States seeks similar preferential treatment…

The Independent UK

China and India facing 100% tariff for buying Russian oil under new US sanctions bill

Donald Trump says there is a ‘good chance’ that this bill passes

The Economic Times

Magicpin rolls out AI assistant Vera across 6 international markets, eyes further overseas expansion

Magicpin announced Vera's international rollout across six nations. The AI assistant offers real-time order insights to businesses. This expansion signifies strong demand for merchant tools beyond India. Magicpin plans further investment in multi-lingual capabilities and AI workflows. The company aims for over five lakh AI-powered interactions internationally by 2026.

The Economic Times

Sindhu stuns world No. 5 Han Ye to enter Japan Open quarterfinals

PV Sindhu secured a quarterfinal spot at the Japan Open tournament. She defeated China's world number five Han Yue in straight games. Sindhu will now face Japan's Nozomi Okuhara in her next match. The mixed doubles pair of Crasto and Kapila were eliminated earlier. Sindhu remains India's sole competitor in…

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