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The Latest Breaking News from India

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.

The Economic Times

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…

AAP

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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…

The Economic Times

India's overall white-collar hiring dips 6 pc in May; diversity recruitment surges by 21 pc: Report

White-collar hiring in India saw a 6 pc dip in May 2026. Overall job postings decreased by 4 percent compared to the previous year. However, companies significantly boosted diversity hiring, with a 21 percent increase. This indicates a strategic focus on inclusive workforces even as the job market remains cautious.…

The Economic Times

Indian men's hockey team beat Chinese Taipei 13-1 to enter semifinals of U-18 men's Asia Cup

The Indian men's hockey team secured a dominant 13-1 victory over Chinese Taipei in their final Pool A match. This win propels India into the semifinals of the U-18 Asia Cup 2026. The team showcased strong attacking play throughout the tournament, with their only defeat coming to Japan. India's semifinal…

The Economic Times

India-US trade agreement "99% there", last 1% being finalized: US Ambassador Sergio Gor

India and the United States are nearing a significant trade agreement. US Ambassador Sergio Gor revealed negotiations are almost complete. Both nations are finalizing the last technical details. This deal is expected to be a win-win for both countries. Ambassador Gor is meeting with Union Commerce Minister Piyush Goyal to…

The Economic Times

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This Weird Ethanol Motorcycle From India Might Make More Sense Than EVs For Half The Planet

Hero MotoCorps upcoming ethanol motorcycle could solve problems EVs still can’t fix in huge parts of the developing world.

RideApart

CEOs quitting general insurance companies to pursue entrepreneurial ventures

Top executives are exiting established general insurance firms to launch new entrepreneurial ventures. This trend is fueled by India's vast, under-penetrated insurance market and supportive regulatory reforms. Private equity firms are actively funding these new ventures, recognizing the immense investment potential. Experienced leaders bring crucial expertise, accelerating growth in this…

The Economic Times

ET Alpha Wealth Summit: What's next for markets, AI and India's growth story?

Leading investors will convene at the ET Alpha Wealth Summit in Mumbai on June 4 to dissect market trends and identify opportunities. Discussions will focus on artificial intelligence's impact on India's IT sector and the nation's economic trajectory, alongside the durability of India's growth story amidst global uncertainties.

The Economic Times

Rupee falls 31 paise to close at 95.67 against US dollar

The rupee depreciated by 31 paise to 95.67 against the US dollar on Wednesday, influenced by proposed US additional duties on Indian imports due to labor violations. Strong dollar demand, rising crude oil prices, geopolitical tensions, and foreign capital outflows further weakened investor sentiment.

The Economic Times

A third language can’t fix schools that can’t deliver the first

Last month, the CBSE issued a circular mandating that Class 9 students study three languages from July 1 – at least two of them Indian, with English demoted to a “foreign language”

Newslaundry

Asia's industrial supercycle is outpacing the West Asia oil shock: Chetan Ahya, Morgan Stanley

A China-driven supply realignment, cutting gas imports by 45% and oil by 30%, has effectively added 7.5 million barrels daily to global markets, neutralising energy price fears. Morgan Stanley's Chetan Ahya argues a broad-based capex boom across AI, energy, defence, and industrial sectors is powering Asian growth, while urging India…

The Economic Times

Tyre exports at record high of Rs 27,312 cr in FY26 despite supply chain disruptions

Indian tyre exports reached a record Rs 27,312 crore in FY2025-26. The United States remained the top destination. Despite global supply chain issues, the industry saw significant growth. Recent US tariff adjustments provided relief to Indian exporters. Germany, Italy, Brazil, and France were also key markets. The tyre sector's resilience…

The Economic Times

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MyLifeXP

Why Hindus Avoid Looking Back After Cremation

Why do elders insist that we should never look back after a funeral? For many people, it seems like just another tradition passed down through generations. Yet behind this simple act lies a belief that has survived for centuries. According to the Garuda Purana, the journey of a soul does…

The Economic Times

India's fuel exports fall to lowest since 2022 amid refinery maintenance, domestic demand

India's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particularly at Reliance Industries' Jamnagar complex, reduced processing. Refiners also prioritized domestic demand for LPG, cutting petrol and diesel output for export. Favorable domestic sales and taxes on exports further influenced this trend.…

The Economic Times

Lao PDR deputy PM invites Indian businesses to tap growth opportunities

Lao PDR Deputy Prime Minister Thongsavan Phomvihane visited India seeking strategic partners for his country. He highlighted Lao PDR's political stability and strategic location in Southeast Asia. The visit coincides with 70 years of diplomatic ties between India and Lao PDR. Indian officials emphasized the strong civilizational ties and deep…

The Economic Times

After CBSE and NTA row, JEE Advanced 2026 data exposure claim by a Dubai-based researcher sparks security debate, institute responds

JEE Advanced 2026: A cybersecurity researcher flagged a publicly accessible cloud storage linked to JEE Advanced 2026 results, potentially exposing candidate names, dates of birth, and mobile numbers. IIT Roorkee acknowledged the configuration issue, assuring data was read-only and is now being secured. This incident adds to recent concerns surrounding…

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The Economic Times

RBI unlikely to hike rates despite El Niño and fuel price pressures, says Nomura's Aurodeep Nandi

India's central bank is likely to maintain current interest rates. Despite rising fuel costs and potential monsoon issues, a key inflation measure remains low. Experts suggest firms are absorbing price pressures. The Reserve Bank of India will monitor data before considering any policy changes. Geopolitical risks and future cost pass-throughs…

The Economic Times

West Bengal hands over 32 acres to BSF for Bangladesh border fencing

The West Bengal government has transferred over 31 acres to the Border Security Force for fencing along the India-Bangladesh border. This move addresses a long-standing issue. Land has also been approved for permanent border outposts in several districts. Additionally, 20 acres in Jalpaiguri will be transferred to the forest department…

The Economic Times

India set for $2-billion drone order in biggest buy, industry body says

India is poised to significantly boost its drone capabilities with a potential order exceeding $2 billion from domestic manufacturers this year. This substantial procurement, driven by global and regional conflicts, aims to equip the military with advanced tactical drones within 18-24 months. The move underscores India's commitment to bolstering its…

The Economic Times

Sensex recovers 850 points from day’s low, Nifty closes above 23,400. One big reason behind sharp market rebound!

Indian stock markets staged a strong comeback on Wednesday afternoon. This recovery followed earlier sharp declines. Media reports indicated the government plans to cut taxes and remove ownership caps on certain bonds. This news significantly boosted investor confidence. The Sensex and Nifty recovered most of their morning losses. Foreign investors…

International Business Times UK

Ex-Microsoft Employee Quit Tech To Sell Spiced Popcorn — Turning $3,000 Side Hustle Into $1 Million Business

Confusion Snacks, an Indian-American fusion gourmet popcorn brand by ex-Microsoft's Aadit Patel, uses clean ingredients like non-GMO avocado oil. Now at Whole Foods, targeting $1M revenue.

The Economic Times

Apple agrees to submit India financials in long-pending antitrust case

The case is Apple's most high-profile regulatory headache in India, a key growth market where it has rapidly expanded iPhone production as it diversifies beyond China. The iPhone accounts for 9% of India's smartphone market, from about 2% five years ago, according to Counterpoint Research data.

The Economic Times

What steps India has taken to stem pressure on its external balance of payments

India is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have been tightened. Citizens are urged to conserve foreign exchange and reduce fuel consumption. The Reserve Bank of India is curbing currency speculation. These actions aim to…

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