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The Latest Breaking News from India

India issues formal request to France for 114 Rafales in Rs 3.25 lakh crore deal

India has requested France for 114 Rafale fighter jets. This major deal is valued at approximately 3.25 lakh crore rupees. A significant portion of these jets will be manufactured in India. This move aims to bolster the Indian Air Force's fighter aircraft squadrons. The agreement is expected to be finalized…

The Economic Times

Captain Kushwaha scores twice as India beat Korea 4-1 in U-18 Asia Cup

India's U-18 men's hockey team secured a commanding 4-1 victory over Korea in the U-18 Asia Cup. Captain Ketan Kushwaha scored twice, with Varinder Singh and Shahrukh Ali also finding the net. This win places India level on points with Korea and Japan in Pool A. India's next match is…

The Economic Times

132 Scary Photos That Prove We’re Living In An Urban Hell (New Pics)

While some thrive in the city, others long to escape the overwhelming maze of windowless skyscrapers, endless parking lots, and traffic jams found in poorly planned areas. While not every city is built this way, the worst offenders have sparked a massive online movement. Internet users openly call these places…

Bored Panda

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India to host 13th BRICS Urbanisation Forum in New Delhi on June 11-12

India hosts the 13th BRICS Urbanisation Forum in New Delhi on June 11-12. Ministers and experts will discuss building inclusive and resilient cities. The theme is 'Cities for People: BRICS Cooperation for Inclusive and Resilient Urban Futures'. This event is key to India's BRICS Chairship. Discussions will focus on urban…

The Economic Times

India, US near trade pact; tariff terms hinge on Section 301 relief, source says

In a significant development, India will hold discussions with U.S. trade representatives about the Section 301 investigation and the looming threat of tariffs. The U.S. delegation, currently in Delhi for a three-day round of talks, will address India’s push for tariff concessions and improved access for Indian products. The goal…

The Economic Times

Tech jobs go cold; Chip startups shift gear

India’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.

The Economic Times

Indian workers take less leave than APAC peers, says Report

Indian employees are taking fewer annual leaves than their Asia-Pacific counterparts. Despite having generous leave entitlements, workers in India use their time off in smaller chunks. This trend suggests a cautious approach to taking extended vacations. The report highlights that only a small percentage of Indian workers utilize their full…

The Economic Times

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India may rethink Scotch whisky tariff cuts if UK does not ease steel import curbs

In a strategic move, India may reconsider its tariff reductions on British products, especially Scotch whisky, pending the UK's solutions to India’s grievances over steel safeguard measures. Negotiations between the two nations are set to address these pressing concerns.

The Economic Times

Southwest monsoon likely to reach Kerala in next 2-3 days: IMD

The southwest monsoon is set to reach Kerala within the next two to three days. The India Meteorological Department forecasts a below-normal rainfall season for India this year. El Nino conditions are contributing to this prediction. The monsoon's arrival was previously delayed. This forecast impacts agricultural planning across the nation.

The Economic Times

Sebi mulls allowing InvITs to add major road expenses back into NDCF calculation

The proposal came after the Securities and Exchange Board of India (Sebi) received representation from the Bharat InvITs Association (BIA) regarding the treatment of debt availed by InvITs for incurring major maintenance expenses of road projects while calculating the NDCF.

The Economic Times

JLF’s Ireland edition wraps up

There is something appealing about a literature festival that refuses to stay put. The Jaipur Literature Festival’s Island of Ireland edition concluded yesterday after 10 days of conversations and performances spread across Belfast, Armagh, Dundalk, and Dublin – the first time JLF has travelled as an all-island event.

Newslaundry

India bonds slip ahead of RBI policy as war risks lift oil

The Reserve Bank of India will announce its rate decision on Friday, with markets largely pricing in a pause even ‌as Standard Chartered, ⁠Capital Economics, ⁠ANZ, MUFG and OCBC call for a 25-basis-point hike.

The Economic Times

India, Myanmar agree to deepen trade ties, push connectivity projects and security cooperation

India and Myanmar are embarking on a new chapter of friendship. In a recent summit, the leaders agreed to deepen ties focusing on economic growth, transport connectivity, and mutual security. Several key infrastructure initiatives are being fast-tracked, and trade is anticipated to increase, particularly with the innovative rupee-kyat trade mechanism.

The Economic Times

Aung San Suu Kyi’s son launches campaign demanding Myanmar military provide proof of life

Kim Aris asks for members of public to take part in ‘81 for 81’ campaign ahead of Nobel Peace Prize laureate’s birthday

The Independent UK

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The Economic Times

'Excited to bring world's biggest sporting spectacles to Indian audiences': Zee CEO Punit Goenka after securing FIFA broadcasting rights till 2034

Zee Entertainment Enterprises has partnered with FIFA. This collaboration will bring major FIFA football events to Indian audiences. The company will air tournaments including the FIFA World Cups. Zee is launching four dedicated sports channels. This move aims to expand football's reach in India. It offers a comprehensive viewing experience…

The Economic Times

India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%

India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focus shifts to next year's ambitious consolidation target. The country might face challenges meeting the current year's deficit goal due to rising subsidy costs. Revenue receipts showed mixed performance compared…

The Economic Times

India's industrial output in April slows on year to 4.9% under new series

India's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2022-23. The expanded index now includes 120 new item groups, capturing emerging segments and providing more granular data across sectors like manufacturing, mining, and electricity.

The Economic Times

While Europe negotiated FTA, this startup was already hosting India's internet economy

A new trade deal between India and Europe opens doors for businesses. However, companies like Hostinger from Lithuania already found success in India by understanding local needs. They focused on affordable, user-friendly online tools. This shows that early localization and market understanding are key to winning in India, not just…

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The Independent UK

Cybersecurity warning caps disastrous summer for India’s crucial entrance exams

Government exams board claims vulnerabilities in online marking portal have been contained, as demands for education minister’s resignation grow

The Economic Times

Eternal to Minda Corp: Axis Securities picks 15 stocks for June, sees up to 44% upside in top ideas

Axis Securities retained a bullish view on Indian equities and recommended 15 stocks for June across market capitalisations, with potential upside of up to 44%. The brokerage favours banking, telecom and capital goods sectors, while remaining cautious on IT. It expects market corrections to offer opportunities to accumulate quality businesses.

The Economic Times

Rupee ends little changed on two-way foreign portfolio flows, merchant hedging

The Indian rupee remained stable on Monday. Modest gains from equity index rebalancing were countered by corporate hedging. Traders are closely watching the upcoming monetary policy decision. Higher crude oil prices had little impact. The rupee is expected to trade within a narrow range. Analysts suggest the market anticipates faster…

The Economic Times

‘Reels abroad, real consequences?’ IPS officer warns viral videos could tighten visa rules for Indians

An IPS officer has voiced concerns that viral videos of Indians exhibiting inappropriate public behavior abroad could negatively impact the country's image and lead to stricter visa policies for all citizens. He emphasized that holding an Indian passport entails a responsibility to respect local laws and conduct oneself appropriately overseas.

The Economic Times

India, Oman free trade pact comes into force

India and Oman's free trade agreement is now active. This pact offers Indian exporters better market access in Oman. Sectors like textiles, leather, and marine products will benefit. Oman is a key trading partner and gateway to the GCC market. Bilateral trade between the two nations has seen growth.

The Economic Times

India-US trade deal: Large parts finalised, talks resume June 2 in New Delhi, says Piyush Goyal

India and the United States are nearing a trade agreement. Key details have been finalized, with negotiators meeting to resolve remaining issues. The pact will incorporate recent changes to US tariffs. This interim agreement aims to provide preferential market access for businesses. Both nations are also advancing discussions on a…

The Economic Times

From Tata to tech giants, Indian companies tighten grip on UK economy

Indian businesses are significantly expanding their UK presence, with company numbers soaring by nearly 60% and combined revenues exceeding £105 billion. This surge, detailed in the India Meets Britain Tracker, highlights strengthening economic ties, boosted by the upcoming Comprehensive Economic and Trade Agreement (CETA).

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