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The Latest Breaking News from India

Australia agrees to sell uranium to India, ending a long stalemate

Australia has agreed to sell uranium to India for peaceful purposes

The Independent UK

Govt has done its part on GCCs via Budget, now industry must invest in skilling and innovation to counter AI risks: CEA Nageswaran

Chief Economic Adviser V Anantha Nageswaran urged industry to invest in skilling and innovation. He stated government has supported Global Capability Centres through Budget announcements. Artificial intelligence poses risks to business models focused solely on low-cost execution. The government encourages GCC expansion beyond major metropolitan cities. Firms and people must…

The Economic Times

Meet teenager Aswath S from Tami Nadu, India's 98th grandmaster, who started playing at the age of 3

Aswath S from Tamil Nadu achieved Grandmaster status, becoming India's 98th. He secured his third norm at the Pune International GM Round Robin tournament. Aswath took a break from chess for his Class 10 board examinations. His father, a chess coach, introduced him to the game at a young age.…

The Economic Times

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How an Indian-origin entrepreneur returned to Dubai and rebuilt his father's struggling business into a luxury glass company

A family emergency led Shabbir Mithaiwala to abandon his accounting dreams. He returned to Dubai and revived his family's struggling picture-frame business. This venture evolved into a luxury architectural glass company. The firm now undertakes premium hospitality and residential projects across the UAE. Mithaiwala credits his brothers for the business's…

The Economic Times

India's richer middle class is living a more dollar-linked life while earning in rupees

Dollar spending India: The country's expanding middle class now spends more on foreign goods and services. International travel and overseas education are becoming regular annual expenses for many families. Digital subscriptions, AI tools, and imported electronics also contribute to this growing dollar demand. While oil imports remain the largest driver,…

The Economic Times

Nissan Tekton launched in India: Price starts at Rs 10.49 lakh; variants, features, engine options and key differences from Renault Duster

Nissan Tekton Price in India: Nissan India is set to unveil its all-new Tekton SUV today. This upcoming mid-size SUV will borrow styling cues from the flagship Patrol. It is expected to share underpinnings with the new Renault Duster. The Tekton will compete with popular rivals in the Indian market.…

The Economic Times

Novo Nordisk launches once-weekly basal insulin 'Awiqli' in India as diabetes rates increase

Novo Nordisk has launched Awiqli, a new weekly basal insulin injection, in India. This innovative drug offers a once-weekly alternative to daily injections for diabetes patients. Awiqli aims to reduce barriers to insulin initiation, which is often delayed in India. The Indian insulin market is projected to grow significantly in…

The Economic Times

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After disappointing WC outing, India look to turn the tide at historic Lord's Test

India's women's cricket team prepares for their first Test match at Lord's. This historic encounter follows their T20 World Cup campaign and a training camp. The team aims for a strong performance in this traditional red-ball format. Several players may make their Test debut for India against England. Tammy Beaumont…

The Economic Times

140% rally in 4 months! This smallcap aerospace stock soars 18% in 3 days to fresh lifetime high. Should you buy?

Aequs shares extended gains for a third straight session, surging over 18% during the rally to hit a record high after bullish initiations by IIFL Capital and Nuvama. The brokerages cited the company's strong aerospace manufacturing capabilities, robust order book and long-term growth prospects, with target prices implying up to…

The Economic Times

INDIA BONDS-India bonds pause after slump as oil, Treasury risks linger

Indian government bonds traded narrowly on Thursday after a sharp selloff. Surging oil prices and higher U.S. Treasury yields pressured local debt markets. The U.S. military launched fresh strikes on Iran, impacting peace hopes. Minutes from the U.S. Federal Reserve also reflected inflation concerns. Foreign participation continued to support Indian…

The Economic Times

E10 vs E20 Petrol Explained: Is India's ethanol-blended fuel safe for your vehicle?

E10 vs E20 petrol difference explained: As India embraces E20 petrol, many car owners are apprehensive about the potential impact on their vehicles' performance and longevity. Newer cars designed for E20 are not anticipated to suffer from immediate problems, yet older models could see a decline in fuel efficiency and…

The Economic Times

State Bank of India draws over $1.5 billion in forex deposits

State Bank of India has raised over $1.5 billion from overseas citizens. This program offers attractive returns due to Reserve Bank of India subsidies. Depositors can leverage funds, earning more than their borrowing costs. Banks are expanding outreach to India's large diaspora globally. This initiative echoes a similar plan from…

The Economic Times

SBI’s 15-paise bet: How India's largest bank is turning a tiny cost into mindboggling 382,567% profit

SBI and Amundi India Holding are set to earn combined profits of about Rs 11,658 crore from the Rs 11,693 crore IPO of SBI Funds Management, India's biggest IPO of 2026 so far. The issue, priced at Rs 545-574 per share, is entirely an offer for sale, with no fresh…

The Economic Times

Raising the bar: India-UK FTA seen driving next wave of premiumisation in alco-bev industry

Under the India-UK trade deal, set to take effect on July 15, India will be reducing duty on UK whisky and gin from 150% to 75% and further to 40% in the tenth year of the deal.

The Economic Times

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The Economic Times

ITR filing 2026: NRIs need to file Schedule FA in ITR to declare foreign asset for AY 2026-2027 in this case

Resident and ordinarily resident individuals must report foreign assets. This disclosure is required in Schedule FA of the income tax return. Non-resident Indians and resident but not ordinarily resident individuals are exempt. Schedule FA requires reporting peak values and beneficial ownership details. Failure to comply can lead to significant penalties…

The Economic Times

India, Australia unlock uranium trade, step up energy and supply chain cooperation

India and Australia finalized uranium export administrative arrangements for peaceful purposes. Both nations committed to deepening bilateral energy trade and strengthening supply chains. They will advance energy trade and investment through existing economic agreements. Both countries will support uninterrupted energy product flows and enhance trade. They also agreed to enhance…

The Economic Times

India consumer inflation likely breached RBI's 4% target in June, poll shows

India's consumer inflation likely breached the central bank's target in June. Higher food and fuel prices added to cost pressures for consumers. Economists forecast inflation quickened to 4.3% from May's 3.93%. Wholesale price inflation eased marginally while core inflation remained steady. This marks the highest inflation reading since India revised…

The Economic Times

Dixon Tech, Syrma SGS, Amber shares surge up to 6%. What does customs duty relief mean?

Shares of Dixon Technologies, Syrma SGS Technologies and Amber Enterprises rallied after the Centre expanded customs duty exemptions on electronics manufacturing machinery and components until 2029. The move is expected to reduce import costs, improve margins, encourage fresh investments and strengthen India's electronics manufacturing ecosystem across batteries, displays and smartphones.

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The Economic Times

India’s top 3 fuel retailers may report Rs 47,700 crore loss in Q1. What’s behind this?

India's three largest fuel retailers—HPCL, BPCL and IOCL—are expected to report a combined EBITDA loss of up to Rs 47,700 crore in Q1FY27 as soaring crude oil prices, LPG under-recoveries, weak fuel marketing margins and rupee depreciation squeeze profitability. Analysts say further fuel price hikes may be needed if crude…

The Economic Times

India flags inconsistencies in US forced labour probe, seeks resolution via trade talks

India urged the United States to address tariff concerns through bilateral trade negotiations. New Delhi questioned inconsistencies in Washington's proposed forced labor tariff framework. Exemptions for certain products undermine the policy's stated rationale, India argued. Industry representatives warned that tariffs would increase costs and hurt trusted supply chains. India maintained…

The Economic Times

'Committed to processing visas under established regulations': US Embassy in Delhi on reported delays faced by Indian students

The US Embassy in New Delhi affirmed its commitment to processing student visas according to regulations. Indian students have reported delays in securing necessary visa appointments for study. The US Department of Labor is investigating alleged foreign fraudsters misusing the H-1B visa program. This action aims to protect American workers…

The Economic Times

Pratika Rawal ruled out of historic Lord's Test with knee injury, Priya Punia named replacement

India opener Pratika Rawal is out of the historic Lord's Test due to a knee injury. Priya Punia has been added to the squad as her replacement. Rawal sustained the injury during a recent India A match requiring stitches. Punia earned her maiden Test call-up after strong India A performances.…

MyLifeXP

Why PM Modi Praised Nehru in Indonesia Surprised Everyone

Political speeches often focus on the present, but sometimes a single reference to the past reveals a story that many people have forgotten. During his address to Indonesia's Parliament, Prime Minister Narendra Modi surprised many by praising India's first Prime Minister, Jawaharlal Nehru, and remembering a daring rescue mission led…

Newslaundry

A German import wrapped in Desi pride: India’s expensive defiance of medical science

In February this year, a performance audit of Uttar Pradesh’s AYUSH department by the Comptroller and Auditor General (CAG) highlighted that Rs 2,717.79 crore was provisioned for homoeopathy services alone between 2018 and 2023.

The Economic Times

Tripura eyes Rs 1 lakh cr investment at Destination Tripura Business Conclave 2026

The Chief Minister said the two-day conclave is expected to generate investment proposals worth nearly Rs 1 lakh crore, with participation from investors not only from across India but also from several foreign countries.

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