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The Latest Breaking News from India

Smartworks gives 930 seats to UK firm at coworking centre in Pune; expects Rs 58 cr rent in 5 year

Smartworks Coworking has leased over 930 seats in Pune to a global firm. This significant deal is expected to generate Rs 58 crore in rental income. The agreement spans a five-year tenure, demonstrating strong demand for flexible workspaces. Smartworks operates 66 centers across India and Singapore. Co-working operators are actively…

The Economic Times

CJI Surya Kant welcomes 2 law clerks from Bhutan in Supreme Court

Two young professionals from Bhutan have joined the Supreme Court as law clerks. This initiative follows a memorandum of understanding signed between the two nations. The Bhutanese clerks will work for a period of three months. They will receive the same honorarium as Indian law clerks. This program aims to…

The Economic Times

Bodies of 15 Indian tourists killed in Vietnam boat capsizing are being flown home

The Indian Embassy says the bodies of 15 Indian tourists killed in a boat capsizing off southern Vietnam are being returned home

The Independent UK

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Yastika Bhatia becomes first woman to score Test century at Lord's

Yastika Bhatia achieved a historic Test century at Lord's stadium. This remarkable feat followed her recovery from a serious knee injury. She expressed belief that her best cricketing performances are still ahead. Bhatia credited her family and support staff for her successful return. Her focus remains on contributing to team…

The Economic Times

Goldman Sachs pegs Nifty target at 26,500 by June 2027; lists 15 stocks from key themes

Goldman Sachs has turned more constructive on Indian equities, forecasting the Nifty 50 to rebound to 26,500 by June 2027. The brokerage cited an improving macro backdrop, easing foreign selling, resilient domestic growth and attractive valuations, while recommending banks, large-cap stocks and value plays for the second half of the…

The Economic Times

India bonds fall as oil spike, Treasury rout weigh

Indian government bonds experienced a decline early Monday, mirroring U.S. Treasury selloffs. Escalating U.S.-Iran tensions boosted oil prices, raising inflation concerns for India. Hopes for inclusion in Bloomberg's flagship index are expected to cushion further bond price drops. Overseas investors have shown persistent demand for Indian government bonds in July.…

The Economic Times

GE Vernova, Atlanta Electricals among top beneficiaries of India's transmission expansion

India's power transmission sector anticipates growth, with new policies supporting domestic manufacturing. Chinese firms can participate, but strict localization rules will ensure local content. Supply constraints in transformers are expected to ease, benefiting grid equipment suppliers. Demand for transmission infrastructure remains strong, especially for high-voltage equipment. GE Vernova and Atlanta…

The Economic Times

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Iceberg bets on organic sourcing and clean labels to build a Rs 100-cr ice cream brand

As India's premium ice cream market shifts from calorie-counting to ingredient-conscious consumption, Iceberg Organic Ice Creams is betting on certified organic sourcing, clean labels and transparency as the next big growth driver.

The Economic Times

BCCI must scrutinise team management's role: Saba Karim

Former selector Saba Karim wants the BCCI to examine team management's role. He believes the coach, captain, and vice-captain share responsibility for recent losses. Karim suggests the BCCI should investigate the reasons behind the team's poor performance. He also emphasized the need for a secure and fearless playing environment. The…

The Economic Times

Tata Capital forays into gold loans with Yogloans acquisition

Tata Capital is entering India's gold loan market by acquiring a majority stake in Yogloans. This strategic move expands their retail lending portfolio with a secured lending product. The acquisition involves a share purchase and a significant capital infusion into the NBFC. India's gold loan market is expanding, driven by…

The Economic Times

Q1 surprise sends jewellery stocks shining 40% in a month. Will the surge last in next quarters?

Indian jewellery stocks saw a 40% surge after strong June quarter business updates. Resilient demand and a shift to organized players supported this sector's impressive rally. Titan Company reported significant growth in its consumer businesses during the June quarter. Analysts believe demand remains strong and long-term structural tailwinds are intact.…

The Economic Times

Why India Refused a Fast US Trade Deal Will Surprise You

What happens when one of the world's fastest-growing economies refuses to rush into a deal with its biggest trading partner? That is exactly what India has done. Instead of accepting a quick trade agreement with the United States, New Delhi has chosen patience over pressure. The decision has sparked global…

MyLifeXP

Weather Forecast Today, July 13: IMD warns of heavy rain in Uttarakhand, Punjab, Maharashtra, Kerala, Karnataka and West Bengal; Delhi to see light showers; here's state wise prediction

Weather Forecast Today: Monsoon activity remains strong across India with widespread rainfall expected. Many regions will witness intense showers accompanied by thunderstorms and lightning. Other areas are likely to see intermittent rain spells throughout the day. Heavy rainfall is anticipated in parts of Uttarakhand and Maharashtra. Residents are urged to…

The Economic Times

Bodies of 15 Indians killed in Vietnam boat accident to be repatriated on Monday

The mortal remains of fifteen Indian tourists killed in Vietnam will be repatriated today. These victims perished after their boat capsized near Phu Quoc Island on Friday. Ten victims hailed from Tamil Nadu, three from Andhra Pradesh, and two from Kerala. Sixteen other individuals were rescued and have since returned…

The Economic Times

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The Economic Times

SBI Funds IPO anchor book draws Capital Group, BlackRock, Goldman, GIC

SBI Funds Management's IPO anchor book saw strong investor interest. Key global and Indian funds participated, subscribing more than twenty times over. The offering is expected to raise approximately $309 million from anchor investors. This marks India's first billion-dollar IPO this year. The public issue opens for subscription on July…

The Economic Times

The numbers behind India's electric mobility boom: A 12-fold leap in a 30 mn EV market

India's electric vehicle market is set for substantial growth by 2032. Sales are expected to rise significantly, driven by consumer appeal and policy support. Electric two-wheelers and three-wheelers will continue to dominate the market share. Battery demand will also scale sharply, reflecting increased adoption and pack sizes. The domestic component…

The Economic Times

Why is market falling today? Sensex plunges 700 points, Nifty tests 24,000. 6 key factors behind the selloff

Indian stock indices Sensex and Nifty experienced significant declines on Monday. Rising oil prices and Middle East tensions dampened investor sentiment across the market. Broader market indices also slipped into the red, reflecting widespread losses. Several major companies saw their share prices drop considerably during trading. The overall market breadth…

The Economic Times

ETMarkets Smart Talk | Selling property in India? Here's how NRIs can avoid excess TDS: Trilegal's Himanshu Sinha

NRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can prevent over-withholding on sale consideration. Understanding capital gains tax and available exemptions is crucial for maximizing returns. Recent changes have altered capital gains taxation for equities and debt funds.…

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The Economic Times

Has the worst ended for IT stocks? Geojit’s Anand James sees a bullish turn emerging

India's IT sector shows signs of life after deep corrections and selling. Technical indicators and derivatives data suggest risk-reward is shifting for bulls. Nifty IT index has produced multiple weekly reversal candles near support zones. Kalyan Jewellers hit a fresh 52-week high, while Trent's update disappointed investors. SWSOLAR and BLACKBUCK…

Newslaundry

More grain, less protein behind India’s rising obesity

A decade ago, in March 2016, Prime Minister Narendra Modi first mentioned obesity in his 18th Mann Ki Baat address. Since then, Modi has spoken about the issue on at least 18 occasions, including during his last Independence Day speech.

Newslaundry

India’s E20 - Ethanol gamble explained

Some people say their cars and bikes have suffered after using ethanol-blended petrol. For months now, falling mileage and concerns about vehicle performance have become a national political flashpoint.

The Economic Times

IAF more powerful than China's air force, retains world's No. 3 rank for fifth consecutive year: WDMMA

The Indian Air Force maintains its third global ranking for the fifth year. This assessment considers fleet size, technology, and operational capabilities. The IAF's quality fleet outweighs China's larger numerical strength. Acquisitions like Rafale and Tejas will enhance fighter capabilities significantly. Future inductions and indigenous development support long-term modernization plans.

The Economic Times

India withdraws 2017 travel restriction notification for Yemen, continues to advise against non-essential travel

The Ministry of External Affairs (MEA) has withdrawn the 2017 Gazette notification that imposed travel restrictions on Yemen, while continuing to advise Indian nationals to avoid non-essential travel to the conflict-hit country.

Times Life

How Elephants Use Memory, Recognition, and Recall to Remember Humans They Met Decades Earlier

The Reunion That Started the QuestionsIn 1999, two Asian elephants named Shirley and Jenny were placed in the same enclosure at The Elephant Sanctuary in Hohenwald, Tennessee. They had not seen each other in 22 years. Within minutes, they were touching faces through the bars, vocalizing, and refusing to be…

The Economic Times

An emboldened India holds out for better terms in US trade talks

India rejected a swift trade agreement with the United States, seeking more favorable terms. New Delhi's confidence stems from new trading partners and eased economic risks. India's government official stated they will not rush into an unfavorable deal. Rising exports and diversification initiatives have strengthened India's negotiating position. India is…

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