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The Latest Breaking News from India

Sugar Prices Retreat as the Dollar Strengthens

July NY world sugar #11 (SBN26 ) on Wednesday closed down -0.14 (-0.97%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -1.00 (-0.22%). Sugar prices gave up an early advance on Wednesday and settled lower. NY sugar slipped from a 1-week high on Wednesday, and London sugar...

Barchart

Snapchat’s India advertiser base jumps 10-fold in just two years: Pulkit Trivedi

Snapchat has significantly expanded its advertiser base in India tenfold over the past two years, with a threefold increase in recurring advertisers. This growth highlights India's crucial role in Snap's global strategy, as the platform aims to monetise its largest user market.

The Economic Times

Is India's 1991 economic model dead? Why 'reforms' aren't enough & the state must step in

India faces economic headwinds from global events and domestic investor wariness. The traditional reform model is no longer sufficient. Strategic sectors like energy and green tech need state intervention. This involves public investment and risk absorption. New models can emerge, moving beyond past PSU issues. Intelligent state intervention is key…

The Economic Times

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Harvard MBA but no job: How this Indian techie eventually landed at Google with visa clock ticking down

An Indian graduate from Harvard Business School, Abhijay Vuyyuru, shares his difficult job search. He graduated without an offer and faced visa pressures. Vuyyuru utilized networking extensively to secure a product manager position at Google. His journey highlights the importance of connections in the competitive US job market. He now…

The Economic Times

India-Oman trade pact creates strong export push for India's textile MSMEs: Govt

India's textile and apparel sector is poised for significant growth in Oman following the India-Oman Comprehensive Economic Partnership Agreement (CEPA). The pact grants immediate duty-free access on 945 textile and apparel lines, eliminating a 5% MFN duty. This move is expected to boost India's exports, valued at $95.

The Economic Times

'Doctors have BMWs, Audis': IIT engineer, who got laid off by a American big tech company, says MBBS is the only AI-proof career left in India; doctors fire back

An IIT graduate's claim that medicine is India's safest career is sparking debate. He argues AI and tech layoffs make doctor jobs more secure. While some agree healthcare is insulated, others highlight the demanding medical education and early career struggles. This reflects growing anxiety among tech professionals as AI reshapes…

The Economic Times

Tokenisation could be the next big upgrade to India's market plumbing

Tokenisation represents financial assets as digital tokens on programmable blockchains, simplifying ownership and settlement. India's financial market, with high yields and advanced digital infrastructure, is poised to leverage this for global capital access via GIFT City, mirroring past successes in market expansion.

The Economic Times

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85% ethanol-ready bikes are here: Hero launches new Splendor+ and HF Deluxe; Check prices, specifications and features

Hero MotoCorp introduces India's first mass-market flex-fuel motorcycles. The Splendor+ Flex Fuel and HF Deluxe Flex Fuel can run on petrol blended with up to 85% ethanol. This launch supports India's clean mobility goals and reduces dependence on imported crude oil. These bikes will be available from July 2026, marking…

The Economic Times

Iran cannot have a nuclear weapon, it's a red line for US: Ambassador Sergio Gor

US Ambassador to India Sergio Gor stated that Iran will never possess a nuclear weapon, calling it a "red line" for the United States. He criticized Iran for blocking the Strait of Hormuz and holding the world hostage, warning that President Trump will not allow this irresponsibility to continue.

The Economic Times

Sugar Prices Turn Mixed on Dollar Strength

July NY world sugar #11 (SBN26 ) today is down -0.08 (-0.56%), and Aug London ICE white sugar #5 (SWQ26 ) is up +1.60 (+0.36%). Sugar prices fell from early highs today and are mixed, with London sugar posting a 2.5-week high. NY sugar slipped from a 1-week high today...

Barchart

Govt considering policy to support affordable adoption of E85 fuel: Hardeep Singh Puri

The Indian government is actively considering a policy to accelerate the affordable adoption of E85 fuel, a blend of 85% ethanol with petrol. This move follows the unveiling of India's first flex-fuel motorcycles compatible with E85, signaling a significant step in the nation's energy transition.

The Economic Times

Fuel price shield helping India and consumers to tackle West Asia crisis: Gita Gopinath

India is already cushioning the economy from the West Asia crisis. Gita Gopinath, former IMF Deputy Managing Director, states the government is limiting fuel price hikes. This acts as an implicit subsidy. She advises more targeted support for vulnerable households and businesses instead of broad fuel subsidies. This approach helps…

The Economic Times

AI-proof career in India? IIT engineer says this profession can earn lakhs a month and remains AI-resistant

An IIT graduate's Reddit post ignited a discussion on career stability. He argued that medicine offers more security than engineering, citing tech layoffs and AI's impact. Other users countered, highlighting doctors' sacrifices and long training. The debate explored AI's influence on jobs and the appeal of government employment for its…

The Economic Times

Elevated oil prices could drag India's growth to 6%, below IMF forecast of 6.5%: Gita Gopinath

Elevated oil prices could slow India's economic growth to around 6%, according to former IMF official Gita Gopinath. She warned that prolonged West Asian tensions could further impact global growth and India's prospects. Gopinath emphasized supply-side reforms, renewable energy, and improving ease of doing business to boost investment and strengthen…

The Economic Times

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The Economic Times

Observability firm Coralogix deepens India bet as AI security demand rises

Israeli observability platform Coralogix is significantly expanding its operations in India, a key growth market, as enterprises adopt AI-driven digital infrastructure. The company, which has raised $200 million in new funding, aims to make India its most important office outside Israel and the US, leveraging the country's massive scale and…

The Economic Times

Fourth Sudarshan S-400 squadron arrives in India from Russia

India has received its fourth S-400 Sudarshan air defence system squadron from Russia. This advanced system significantly boosts the nation's long-range air defence. The S-400 played a crucial role in past operations. The fifth squadron is expected soon, and India is also developing its own indigenous air defence systems.

The Economic Times

‘IPL is done, get back to business’: Why Uday Kotak thinks Google’s $80 billion raise is a wake-up call for India Inc

Banking doyen Uday Kotak has urged Indian companies to invest in the future, calling Alphabet's $80 billion fundraise a wake-up call. He emphasized shifting focus back to business building now that the IPL has concluded. Kotak highlighted that even profitable tech giants like Alphabet continue to invest heavily in long-term…

The Economic Times

ADB, StanChart ink partnership to support Indian firms across supply chains

The Asian Development Bank and Standard Chartered Bank have partnered to boost supply chain finance in India. Agreements include risk-sharing for USD transactions via GIFT City and a guarantee facility for rupee transactions, aiming to expand access for businesses and enhance trade flows.

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Euronews

At least 21 people, mostly foreign nationals, killed in New Delhi hotel fire, police say

Several of those killed were foreigners, mainly from Central Asia and Africa, the Press Trust of India news agency reported, quoting unnamed officials.

The Economic Times

Sourav Ganguly's security downgraded: Why did former India captain lose his Z category cover?

Sourav Ganguly's security cover has been reduced by the West Bengal government. The state's security wing reassessed his security needs and threat perception. Ganguly's protection was previously upgraded to Z category. The latest review has scaled back the enhanced security. This move is part of a wider review of VIP…

The Economic Times

RBI to hold rate on Friday, future hike will depend on inflation data: Gita Gopinath

The Reserve Bank of India (RBI) is likely to keep interest rates unchanged in the near term and adopt a data-dependent approach before taking any future policy action, according to Gita Gopinath, former First Deputy Managing Director of the International Monetary Fund (IMF).

The Economic Times

PM Modi’s high stakes push for sovereign AI faces reality check

India is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation faces significant challenges including underinvestment in computing power and a late start in advanced AI model development. This ambition is crucial for technological independence as global powers leverage AI for geopolitical…

The Economic Times

Vanguard slashes Ola value; War chokes PCB supply

American investor Vanguard has sharply cut the fair value of Ola's parent company. This and more in today's ETtech Top 5.

AAP

Infosys and LTA Launch AI-Driven Match and Fan Experiences at the HSBC Championships, and Beyond

BENGALURU, India and LONDON, June 3, 2026 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in AI-first business consulting and technology services, today unveiled a new suite of AI-powered fan experiences in partnership with the Lawn Tennis Association (LTA), the governing body of tennis in Great…

The Economic Times

US, India pushing civil nuclear partnership to "new levels" with private sector focus: Sergio Gor

The US aims to boost civil nuclear cooperation with India. This partnership will involve private sector investment to meet India's growing power needs. Both nations are committed to expanding nuclear capacity for decades. This collaboration supports trusted supply chains for advanced technologies and energy security. High-level engagements underscore Washington's dedication…

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