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The Latest Breaking News from India

The next AI arms race will be over certainty, not intelligence

Recent AI model restrictions by the US government signal a new era of uncertainty, impacting global tech development. India faces a critical juncture, needing to bolster sovereign AI capabilities while remaining integrated with international ecosystems. This requires accelerated development of indigenous models and domestic compute infrastructure, balancing self-reliance with participation…

The Economic Times

India set to seal $230 million M777 howitzer support deal with US: Sergio Gor

India is set to receive a significant boost to its defence capabilities with a proposed $230 million US sustainment package for its M777 ultra-light howitzers. This deal, announced by the US Ambassador, aims to ensure the Indian Army can maintain these critical artillery systems. The package includes vital spares, technical…

The Economic Times

Israeli defence officials' India visit to deepen strategic ties: IMOD

A high-level Israeli defence delegation's visit to India is set to significantly strengthen the strategic partnership between the two nations. Discussions focused on expanding bilateral defence and industrial cooperation, including joint planning, training, and advancements in technology like AI and cybersecurity. This collaboration underscores Israel's strategy to broaden its strategic…

The Economic Times

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'They arrive for skilled jobs, end up in...': Indian-American student leader on challenges faced by international students

For years, studying abroad has been a dream for many Indian students seeking better career opportunities. But a combination of stricter visa rules, weaker job markets and a falling rupee is making that dream harder to achieve.

The Times of India

Hero MotoSports marks 10 years, launches India's next Dakar Hero Programme

Hero MotoSports celebrated a decade of global rally raid success in Jaipur, unveiling a new initiative to discover and train India's future Dakar Rally stars. The company also extended its partnership with Dakar organizers, reinforcing its commitment to Indian motorsport. The event highlighted the team's achievements and showcased its dedication…

The Economic Times

Sugar Prices Slide Amid Crude Oil Weakness

July NY world sugar #11 (SBN26 ) today is down -0.29 (-2.13%), and Aug London ICE white sugar #5 (SWQ26 ) is down -2.40 (-0.54%). Sugar prices are sliding today, with NY sugar falling sharply to a 2-month low. Today’s -2% decline in crude oil prices (CLN26 ) has undercut...

Barchart

Weather tomorrow June 23: IMD warns of heavy rain in 13 states including Maharashtra, Bihar, Odisha, Assam; heatwave alert in East UP and Vidarbha

Weather tomorrow: India braces for extreme weather as the IMD forecasts heavy rainfall across 13 states, particularly in eastern and northeastern regions, with potential for waterlogging. Meanwhile, parts of East Uttar Pradesh and Vidarbha continue to battle heatwave conditions. Cities like Delhi may see some relief with partly cloudy skies…

The Economic Times

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Fire at Indian animation training centre kills 15

A fire at ‌an animation training centre in Lucknow has killed at least 15 people, Indian authorities say.

AAP

Meet Kunal Shah, serial entrepreneur and Meta's pick to lead WhatsApp

Indian tech entrepreneur Kunal Shah is set to lead WhatsApp, the world's largest messaging platform, succeeding Will Cathcart. Shah, the founder of fintech unicorn CRED and pioneer of digital payments with FreeCharge, brings extensive experience in building successful tech ventures. Meta's investment in CRED and Shah's deep understanding of user…

The Economic Times

India records over 5 lakh organ donation pledges: Union health ministry

The achievement underscores the increasing public recognition of organ donation as a profound act of humanity that offers hope and a second chance at life to patients awaiting transplantation, the Union health ministry said on Monday.

The Economic Times

Sussex all-rounder James Coles gets first England call-up for T20 series against India

England have named their T20 squad for next month’s series against India

The Independent UK

Tata Electronics hit by cyber breach claiming to expose Apple, Tesla trade secrets

Tata Electronics has confirmed a cybersecurity incident, with ransomware group World Leaks claiming to have posted sensitive design and specification documents belonging to Apple and Tesla. While Tata states operations remain unaffected, Apple is reportedly investigating the breach, which has seen over 200,000 files leaked. This incident marks another challenge…

The Economic Times

Who is Kunal Shah? CRED founder who sold FreeCharge for ₹2,800 crore, built CRED into a $325M fintech giant, and now set to lead WhatsApp

Kunal Shah, the visionary behind CRED, is set to lead WhatsApp globally following Meta's substantial investment. Renowned for scaling CRED and previously selling FreeCharge for ₹2,800 crore, Shah's journey from humble beginnings to a fintech titan is remarkable. He will transition from CRED's CEO to Meta's global leadership, marking a…

The Economic Times

51-year-old Indian man dies after medical emergency on Abu Dhabi-Bangalore flight

A 51-year-old Indian man from Kerala, Yousafe Kunhammu, died after suffering a medical emergency on a flight from Abu Dhabi to Bangalore before take-off on Monday.

The Times of India

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Barchart

1 Company, 1.4 Billion People: How Nvidia’s Record Run Has Made the Company Higher Valued Than the Entire Country of India

There's a new viral claim going around that Nvidia is worth more than India's entire economy. That's not a totally accurate comparison, but it does tell us a lot about investor confidence in the AI revolution.

The Economic Times

Who is Will Cathcart? WhatsApp leader exits after steering it through privacy battles, monetisation push

Cathcart’s departure comes at a time when WhatsApp is in the middle of a transition. Under him, the platform recently rolled out Meta’s AI assistant powered by its latest model, Muse Spark, alongside privacy-focused features such as “incognito chat” built on confidential computing infrastructure using chips from AMD and Nvidia.

The Economic Times

RBI sold net $8.9 billion in April, gold holdings unchanged

The Reserve Bank of India engaged vigorously in the forex market in April, offloading a net amount of $8.94 billion to protect the rupee from plunging to record lows caused by the U.S.-Iran crisis and increasing oil costs. While gold stocks stayed stable, improving geopolitical conditions have bolstered the rupee's…

Fortune

Americans are fleeing the U.S. at record rates—an ex-Google engineer who left India to build a $7.2 billion AI firm says they’re making a mistake

He left India for Silicon Valley, built two billion-dollar companies, and insists the U.S. "remains the land of opportunity" as Americans flee.

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The Economic Times

X, Reddit down: Why are Twitter and Reddit facing an outage and what you can do now?

Twitter down: Major social media platforms X and Reddit experienced widespread outages across India, the US, and other regions on Monday. Thousands reported issues, with the problems surfacing around 9:30 a.m. EST. While the cause remains unclear and a quick fix is not possible, users are advised to verify outages,…

The Economic Times

75 Indian students awarded Erasmus+ scholarships; EU-India Student Ambassadors' Network launched

The EU has launched a new Student Ambassadors' Network involving 40 students from 20 Indian universities to promote European academic and research opportunities. This initiative, alongside awarding 75 prestigious Erasmus Mundus scholarships to Indian students for 2026-2028, aims to deepen youth engagement in the EU-India partnership. Europe remains a top…

The Economic Times

ISRO invites proposals from Indian researchers to study XPoSat Mission data

Launched on January 1, 2024, the XPoSat, or X-ray Polarimeter Satellite, currently orbits Earth in a near-equatorial orbit at an altitude of 650 kilometres.

The Times of India

'Tragic loss': 12 Indians among 13 killed in Qatar gas plant explosion

A tragic industrial accident at Qatar's Ras Laffan gas facility has claimed at least 13 lives, including Indian nationals, and injured 66. The blast at the Barzan gas supply facility, ruled an accident, occurred Sunday night. Despite the incident, Qatar's energy minister assured that domestic needs and LNG exports remain…

The Economic Times

NSA Ajit Doval meets senior Iranian security official

In a significant diplomatic engagement, National Security Adviser Ajit Doval held discussions with Iran's Deputy Secretary for Defence Affairs Ghadir Nezamipour in New Delhi to navigate the complex security dynamics of West Asia.

The Economic Times

117-year-old bourse Calcutta Stock Exchange eyeing a revival under new Bengal govt

The West Bengal government is exploring a revival of the 117-year-old Calcutta Stock Exchange, which has remained dormant since 2013. Officials are evaluating alternative business models and engaging stakeholders to restore the historic bourse, while addressing regulatory and legal challenges that have stalled its operations for years.

The Independent UK

Fire tears through building in northern India, killing 14, mostly students

A fire has torn through a commercial building in Lucknow, India, killing at least 14 people, mostly students

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