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The Latest Breaking News from India

Kunal Shah net worth and his inCREDible journey to Meta's WhatsApp

Kunal Shah, the visionary behind CRED and FreeCharge, is now the Global Head of WhatsApp. This significant appointment, coupled with Meta's substantial investment in CRED, underscores Shah's remarkable entrepreneurial journey. From his early ventures to building a fintech unicorn, Shah's influence in the startup world continues to grow, now extending…

The Economic Times

Foreign inflows in Asian bonds surge to three-month high in May

In May, Asian bonds observed a significant surge in foreign investments, marking the highest inflows in three months. This trend was fueled by vigorous regional economic performance coupled with a growing hesitancy about gains in the equity market. Noteworthy influxes were seen in South Korea and Indonesia's debt markets, indicating…

The Economic Times

Adani Enterprises: A high-risk, high-reward bet that is not for the faint-hearted: Sudip Bandyopadhyay

Adani Group is set to invest $15-20 billion over the next five years, focusing on expanding its ports to handle 1 billion tonnes, boosting power capacity to 45 GW including nuclear, and developing data centres and airports. Chairman Gautam Adani highlighted the group's confidence in India's infrastructure growth, aiming for…

The Economic Times

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Infosys’ Salil Parekh topped IT CEO pay in FY26; here’s what the big chiefs made

Infosys CEO Salil Parekh led the pack among top Indian IT executives in FY26, earning Rs 82.6 crore. Tech Mahindra's Mohit Joshi followed with Rs 67.55 crore. Wipro's Srinivas Pallia saw a pay dip, while TCS's K Krithivasan earned over Rs 28 crore. LTM's Venugopal Lambu also featured prominently for…

The Economic Times

MoSPI releases discussion paper to identify apt method to compile coal monetary asset accounts

India's Ministry of Statistics has released a discussion paper on valuing coal assets monetarily, aligning with UN environmental accounting standards. This initiative aims to provide crucial data for policymaking and sustainable development by assessing resource value and depletion costs. The paper also presents physical coal accounts, highlighting India's significant production…

The Economic Times

Singapore government to help abandoned workers from India

Hundreds of migrant workers from India and Bangladesh, unpaid for months, are receiving SGD 200 in cash and vouchers from Singapore's labour movement. The NTUC and Migrant Workers' Centre are providing this aid while also working with the Ministry of Manpower to recover owed wages. The government is facilitating new…

The Economic Times

India-Latin America trade to reach $100 billion by 2030 from $50 billion currently: Uruguay Ambassador

Amarilla, Ambassador of Uruguay to India and Coordinator of the Latin American and Caribbean Group (GRULAC), told ANI on Wednesday, highlighting the growing economic partnership between the two regions.

The Economic Times

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Noel exiting Trent: The quiet Tata who built a loud success story

Noel Tata reportedly told shareholders at Trent's annual general meeting that it would be his last as chairman, signalling the close of a transformative era. Under his leadership, Trent evolved from a modest retailer into one of India's most valuable consumer businesses, with Westside and Zudio driving growth as revenue…

The Economic Times

India’s Vaibhav Sooryavanshi must use own changing room for England tour

India’s 15-year-old batter Vaibhav Sooryavanshi will be required to use his own changing room for safeguarding reasons on his tour of England next month

The Guardian - UK

Indian city draws heat after naming road for Trump

HYDERABAD - A key road named after US President Donald Trump in the Indian city of Hyderabad has drawn criticism from Prime Minister Narendra Modi’s ruling party, which dismissed ⁠the move as “hypocrisy”.

Bangkok Post

India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&P

India's economic growth is projected to slow to 6.6% in the current fiscal year, according to S&P Global Ratings. This slowdown is attributed to energy market pressures, a potentially weak monsoon, and a global economic deceleration. Higher energy and fertilizer costs are expected to fuel inflation, potentially leading to a…

The Economic Times

Cummins India bets on local demand as Middle East conflict clouds exports

Cummins India anticipates robust domestic demand to fuel its fiscal 2027 growth, despite ongoing Middle East geopolitical tensions impacting exports. Managing Director Shveta Arya highlighted that while exports, representing 17% of revenue, are expected to remain subdued, strong performance in India's infrastructure sector, including data centers and marine applications, will…

The Economic Times

Walmart's Flipkart, Amazon step up India 'quick commerce' bet as competition heats up

Walmart's Flipkart and Amazon are accelerating their quick commerce expansion in India, targeting smaller cities to compete with domestic players. This rapid delivery sector, promising goods within minutes, is reshaping shopping habits. While Blinkit and Swiggy lead in store count, Flipkart and Amazon are significantly increasing their reach, with Flipkart…

The Economic Times

Shubman Gill at No. 2 in ICC rankings for batters in ODIs; Henry joins Bumrah as top-ranked Test bowler

Indian batting sensation Shubman Gill has surged to the second spot in the ICC ODI rankings, trailing Daryl Mitchell by a narrow margin. Meanwhile, New Zealand's Matt Henry now shares the top Test bowler ranking with Jasprit Bumrah after a stellar performance. Several Indian bowlers also saw significant jumps in…

The Economic Times

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The Economic Times

Jaishankar, South Korean FM discuss deepening strategic partnership in Seoul

India's External Affairs Minister S Jaishankar met his South Korean counterpart Cho Hyun in Seoul to bolster bilateral ties, with discussions focusing on trade, investment, finance and cooperation across various sectors including defence, technology and clean energy.

The Economic Times

RBI in wait-and-watch mode despite easing West Asia risks: Sanjay Malhotra

Despite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set interest rate paths. While the truce offers relief on inflation and growth, uncertainties surrounding crude oil prices and the monsoon necessitate continued vigilance. The central bank is closely monitoring potential inflation spillover…

MyLifeXP

Why Is Ganesha Married in North India but Celibate in South India?

How can the same deity be worshipped in two completely different ways within the same country? In many parts of North India, Lord Ganesha is worshipped alongside Riddhi and Siddhi, who are considered his wives. Yet in several South Indian traditions, the same Ganesha is revered as a lifelong celibate.…

The Economic Times

Sony launches BRAVIA Theatre lineup, bets on India's growing home cinema culture

With the rise of streaming and gaming, Indian consumers are revolutionising their living spaces into entertainment hubs. No longer content with just televisions, there’s a noticeable move toward creating immersive, cinema-style atmospheres at home. This shift is significantly influenced by a desire for high-quality visuals and superior sound, impacting consumer…

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The Economic Times

Explained: Why textile stocks are delivering up to 14% returns for investors on Wednesday?

Textile stocks rallied sharply on Wednesday after brokerages turned bullish on the sector, citing improving global demand, favourable trade agreements and India’s rising competitiveness in apparel exports. Pearl Global surged nearly 10%, while Indo Count and KPR Mill gained around 8% each. Analysts believe Indian textile exporters are entering a…

The Economic Times

Adani Group targets 10 GW nuclear power capacity by 2035

Adani Group is venturing into nuclear power, aiming for 10 GW capacity by 2035 to bolster India's energy security amidst global uncertainties. Chairman Gautam Adani announced land acquisition for Adani Atomic Energy, a significant addition to the conglomerate's integrated power platform. This move aligns with accelerated investments across the energy…

The Economic Times

Stock Market Holiday: NSE, BSE to remain shut on Friday for Muharram. Check upcoming market holidays

Indian stock markets, including BSE and NSE, will observe a holiday on Friday, June 26, 2026, for Muharram. While MCX will have a partial closure, NCDEX will be shut all day. This closure marks one of the 16 scheduled market holidays for 2026, offering a long weekend for many. Muharram,…

The Economic Times

RBI intervention steadies rupee, governor's rate comment pulls down hedging costs

The Indian rupee showed resilience on Wednesday, recovering from earlier dips, a relief attributed to possible central bank measures. Concurrently, the Reserve Bank of India governor's remarks on interest rate hikes being 'premature' led to a notable decline in forward premiums. This shift, alongside a robust dollar, put pressure on…

The Economic Times

Indian investors lead the world in AI adoption for finance, but still trust humans with the final call

Indian wealthy investors are leading the world in using AI for financial research and analysis, with 86% leveraging the technology. While AI boosts their confidence and willingness to take calculated risks, human financial advisors still hold the reins for final investment decisions. This indicates a growing preference for a hybrid…

The Economic Times

Nominal GDP growth could fuel largecap recovery; pharma, auto ancillaries remain preferred bets: Shreyash Devalkar

Indian stock markets are defying foreign investor caution, driven by resilient June-quarter earnings. Companies are navigating geopolitical and inflation challenges better than expected, with a focus shifting to corporate performance. Experts see potential for large-cap stocks to catch up as nominal GDP growth improves, while sectors like IT require stronger…

The Economic Times

NFO Update: Tata AIA Life Insurance launches Multifactor Index Fund

Tata AIA Life Insurance has launched the Tata AIA Multifactor Index Fund, a ULIP-based offering designed to combine equity market participation with life insurance protection. Built on a low-volatility multifactor strategy, the fund aims to provide diversified exposure and steadier long-term wealth creation through a rules-based investment approach.

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