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The Latest Breaking News from India

India's electronics exports surge 11-fold to Rs 4.24 lakh crore, women's workforce nears 30%

India's electronics export industry has experienced a remarkable increase, soaring over elevenfold to reach Rs 4.24 lakh crore by FY2025-26. This impressive growth positions India as the second-largest mobile phone manufacturer globally, with Rs 2.59 lakh crore in exports. The sector has generated twelve lakh jobs.

The Economic Times

Independence Day 2026: Meet the ‘Edison of India’ who studied science from magazines and shocked the British with his inventions

Shankar Abaji Bhisey, often called the “Edison of India”, was a pioneering Indian inventor who developed his interest in science through books and magazines. Born in Bombay, he went on to work on several inventions and patents abroad, becoming one of the lesser-known figures in India’s early scientific history.

The Economic Times

Air India makes psychoactive substance testing mandatory for pilots after Phuket incident

Air India now mandates psychoactive substance testing for all pilots. This new internal measure enhances safety protocols beyond DGCA requirements. Previously, the airline followed DGCA rules for random testing of personnel. The Phuket incident prompted Air India to tighten its internal safety checks.

The Economic Times

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Fourth rail line approved through strategic 'Chicken's Neck' corridor: Official

A fourth railway line has been approved for the strategically important Chicken's Neck corridor. This crucial link connects the Northeast with the rest of India. Infrastructure initiatives include a nearly 29-km double-line underground project near Bagdogra. New local train services are planned from Jogbani, Radhikapur and Balurghat soon.

The Economic Times

Centre asks Air India to ‘take responsibility’ after Phuket-Delhi flight scare; orders tighter dope checks: Report

The government has warned Air India to “take responsibility” for safety after the August 4 Phuket-Delhi flight scare and ordered DGCA to tighten aviation personnel’s drug-testing rules. The regulator has been asked to expand mandatory testing and impose tougher penalties for genuine drug violations while allowing more chances in medicine-related…

The Economic Times

RBI issues directions on fixed, floating rate loans: What changes for home, personal, MSME loans and existing borrowers

The Reserve Bank of India has proposed a new framework for loan interest rates. This framework aims to bring more uniformity and transparency to lending practices. Floating rate loans will see increased transparency and stricter reset periods. Personal and MSME loans from commercial banks must link to external benchmarks. These…

The Economic Times

Gukesh crumbling under pressure, needs to shut out noise: Grandmaster Hikaru Nakamura

Grandmaster Hikaru Nakamura advised D Gukesh to block out pressure and regain his form. He believes Gukesh is crumbling under expectations after his world championship win. Nakamura also sees a bright future for Indian chess with new talents emerging. He expects Gukesh, Arjun, and Praggnanandhaa to compete for the world…

The Economic Times

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India’s July trade deficit widens to $31.98 bn from $30.43 bn in June

India’s merchandise trade deficit widened to $31.98 billion in July from $30.43 billion in June, exceeding economists’ estimate of $30.20 billion, according to a Reuters poll. Merchandise exports rose to $44.24 billion from $40.41 billion in June, but imports increased more sharply to $76.22 billion from $70.84 billion.

The Economic Times

FTAs to drive 30-40% growth in India’s textile exports to UK, EU over next 15 months: DMA’s Sharad Jaipuria

India's textile exports to the UK and EU are on the verge of expansion in the next fifteen months, driven by new FTAs that level the playing field with other nations. As the Indian denim sector prioritises sustainability with an emphasis on water conservation, boosting garment production capabilities and workforce…

The Economic Times

Chandrasekaran's successor at Tatas will have to start off with a three-way, Rs 29,000-cr tightrope walk

The new chairman of Tata Sons faces a myriad of financial hurdles and strategic choices. Air India’s transformation hinges on hefty investments and a defined route to profitability. Meanwhile, the semiconductor initiative from Tata Electronics calls for both time and sustained financial support. The third big issue involves Tata Digital’s…

The Economic Times

India’s workforce is using AI, but just 20% are building with it: Report

In India, a majority of learners utilize artificial intelligence tools in their daily lives. Nonetheless, the journey towards creating AI-driven solutions is still in its infancy for many. As a result, enhancing AI skills has become an essential aspect of career development. Students frequently encounter obstacles in improving their AI…

The Economic Times

Hidden risks of FCNR (B) deposit investment and leverage: Why high interest rates may not tell the full story

FCNR(B) deposits have become attractive to investors looking for significant returns in US dollars, largely thanks to government hedging strategies. However, experts warn that investors must be aware of currency and liquidity risks. While leverage can enhance profits, it can also lead to considerable financial losses. Additionally, taxation can bite…

The Economic Times

From a shoe to RBI vault: The journey of the cursed Jacob diamond

The 184.75-carat Jacob Diamond is one of the world’s largest polished diamonds and is known for its unusual journey through Hyderabad’s royal court. Believed to have originated in the Golconda region, it was acquired by jeweller Alexander Malcolm Jacob, who tried to sell it to the sixth Nizam, Mir Mahboob…

The Economic Times

India Inc revenues jump 22% in June quarter, ICRA says

Corporate India began fiscal year twenty twenty-seven with strong revenue growth. Aggregate revenues for listed companies rose twenty-two percent year-on-year in the June quarter. Profitability remained under pressure, with operating profit margins declining significantly. Excluding the oil sector, performance was considerably stronger with healthy profit growth.

The Economic Times

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The Economic Times

Q1 earnings show resilience as demand, cost headwinds prove less severe than expected: ICRA

ICRA said India Inc’s Q1 FY27 earnings began on a stronger-than-expected note, with revenue growth accelerating to 22%. Despite margin pressure from higher commodity costs and weakness in oil refining and IT services, consumption-led sectors remained resilient. Healthy corporate balance sheets, rising capex and improving credit metrics offer support.

The Economic Times

ITA backs 11 Indian projects; to advance over $18 bn in clean industry investment

Eleven Indian clean industrial projects will receive tailored support from the Industrial Transition Accelerator. These initiatives represent over eighteen billion dollars in potential investment and significant carbon abatement. Companies like Jindal Steel and JSW Steel are developing carbon capture technologies. ACME Group and ReNew are advancing green ammonia and methanol…

The Economic Times

Sugar stocks Balrampur Chini, Dhampur Sugar, Dalmia Bharat Sugar, others rally up to 7%. Here’s why

Sugar stocks rose sharply on Thursday as domestic sugar prices climbed 8-10% in a month to a seven-year high. Rising global sugar prices, worsening supply prospects in Brazil, higher ethanol blending, weather risks and lower output estimates in Thailand and India are tightening global supplies and supporting sugar prices.

The Economic Times

Independence Day 2026: The hidden role of food in India's fight against British rule

Independence Day 2026: Chapatis secretly moved across India, alarming British officials before the 1857 uprising. Later, Tiranga Barfi symbolized defiance with its tricolor layers. Sweets served as coded messages, like laddoos signaling bomb arrivals. Mithai shops provided cover for revolutionaries and distributed sustenance. Food's quiet role in resistance shaped India's…

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The Economic Times

India bonds consolidate as traders seek fresh cues

Indian government bonds showed minor fluctuations as market participants remained cautious, looking for new cues. Meanwhile, oil prices settled amidst ongoing concerns over a possible peace deal between the U.S. and Iran. Investors seemed unfazed by recent inflation statistics from both the domestic scene and the U.S., which reinforced the…

The Economic Times

Independence Day 2026 Theme, History, Significance: Why August 15 is celebrated one day after Pakistan’s I-Day and what this year’s theme means

Independence Day 2026 Know history, theme, and significance: India will celebrate its 80th Independence Day celebration on August 15, 2026, marking 79 years of independence from British rule. Know why India celebrates Independence Day on August 15 while Pakistan observes it on August 14, along with the history and 2026…

The Economic Times

Lenskart’s Meller sunglasses are Ray-Ban of the future, says Jefferies. Here’s why Wall Street giant is bullish

Lenskart’s strong Q1 FY27 performance, marked by sharp profit growth, revenue expansion and improving margins, has strengthened the bullish case among brokerages. Jefferies sees further potential from international growth, premiumisation, store expansion and Meller, which it believes could become a major global brand.

The Economic Times

Indian women's hockey team has real chance of a podium finish in World Cup: Goalkeeper Savita Punia

India's FIH Nations Cup victory provides significant confidence for the upcoming World Cup. Veteran goalkeeper Savita Punia believes the team can challenge global competitors. Recent Pro League matches demonstrated India's capability against top international sides. Players now take greater ownership of their fitness and preparation for matches. This marks Punia's…

The Economic Times

T20 leagues have already pushed international cricket to the backseat, says Harbhajan Singh

Former India great Harbhajan Singh believes T20 leagues threaten international cricket. He notes declining viewership for matches not involving top teams. Test cricket remains the ultimate examination of a player's skill. Franchise leagues attract large crowds and significant fan interest. This shift has caused international cricket to take a backseat.

The Economic Times

Gambhir is 'badhiya banda' but people can't digest his style sometime: Harbhajan

Harbhajan Singh defends Gautam Gambhir against criticism for his coaching methods. He acknowledges Gambhir's straightforward approach may be difficult for some to accept. Gambhir's coaching saw India win major tournaments while facing Test defeats. Harbhajan believes Shubman Gill is an ideal leader for the Indian cricket team. He rates Gill…

The Economic Times

NDA, INDIA bloc MPs clash with protests and counter slogans near the Parliament on Thursday

NDA and INDIA bloc MPs faced each other near Parliament's Makar Dwar with protests and counter slogans on Thursday. The situation unfolds over police actions during the Jharkhand paper irregularities issue as well as the alleged theft of donationd at the Ram temple in Ayodhya. NDA bloc MPs demanded answers…

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