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The Latest Breaking News from India

Former Indian magazine editor sentenced to 10 years for raping colleague

Conviction comes more than 12 years after assaults took place

The Independent UK

L&T says unit that houses drones to see threefold revenue growth over five years

Larsen and Toubro is optimistic about its drone division, projecting that revenues will triple within five years. To support this growth, the firm will bolster capital expenditure aimed at boosting production capacity in response to India’s expanding UAV market. The upcoming delivery of 100 Teer drones to the Indian Air…

The Economic Times

FCRA amendment is India's internal matter, says MEA, hits back at US lawmaker's church takeover claim

India's Ministry of External Affairs stated proposed FCRA amendments are an internal legislative matter. US Congressman Riley Moore criticised the bill as an attack against Christians. The proposed amendments empower the government to manage foreign contributions and assets. This legislation aims to ensure religious character of places of worship is…

The Economic Times

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Saudi Arabia, Pakistan & Turkey sign 'Mecca' pact for mutual defence; India reacts

The agreement was signed following a joint defence summit attended by Saudi crown prince Mohammed bin Salman, Turkish president Recep Tayyip Erdogan and Pakistani prime minister Shehbaz Sharif, who attended after performing the Umrah pilgrimage in the city. According to Pakistan's foreign ministry, the pact is "guided by the longstanding…

The Times of India

India has 86,360 PG medical seats; no proposal to convert all diploma seats to DNB: Govt

India now has over 86,000 postgraduate medical seats available nationwide. Karnataka leads the country with the highest number of these medical seats. The government has no current proposal to convert all diploma seats into full DNB degree seats. New regulations are in place for starting new postgraduate medical courses and…

The Economic Times

Lupin Q1 PAT rises 16 pc at Rs 1,417 cr

Lupin Ltd has reported a remarkable sixteen percent surge in profit after tax for the first quarter, showcasing their continued success. The firm experienced considerable growth in consolidated total revenue from operations, largely driven by a staggering forty-two percent increase in sales in the US market. Moreover, sales in India…

The Economic Times

The anatomy of corporate control

In a major change to India’s corporate governance, the regulatory framework is set to redefine "control" with reference to the business and investment regime. The previous construct of foreign owned and controlled companies is being phased out in favour of defining foreign controlled entities. The approach is set to shift…

The Economic Times

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RBI's Rate Pause Sustains Steady Momentum in Residential Real Estate

India's residential property sector remains robust, driven by consistent demand and advancements in infrastructure. The Reserve Bank of India's choice to hold the repo rate steady bolsters this positive trend, allowing homebuyers and property developers to make informed, future-focused decisions. With favorable financing conditions, developers can efficiently organize their project…

The Economic Times

Mumbai luxury home sales hit record Rs 18,512 crore in H1, growth likely to moderate: Report

Mumbai's luxury housing market recorded its highest-ever half-yearly sales of Rs 18,512 crore during the first half of 2026, but the pace of growth is likely to moderate in the coming quarters due to the exceptionally high base and a more cautious economic and equity market outlook, according to a…

The Economic Times

Can NRIs invest in RBI Floating Rate Savings Bonds offering 8.05% interest rate?

Non-Resident Indians (NRIs) are prohibited from making new investments in RBI floating rate savings bonds; however, those who are existing holders may maintain their investments. The bonds offer an attractive interest rate of 8.05%, bolstered by government guarantees.

The Economic Times

Titan Q1 Results: Profit soars 63% YoY to Rs 1,777 crore, total income surges 40%

Titan Q1 Results: Consumer discretionary major Titan Ltd on Friday reported 63% year-on-year (YoY) growth in its consolidated net profit at Rs 1,777 crore in the first quarter, compared with Rs 1,091 crore in the last year quarter. Total income in the reporting period rose 40% YoY to Rs 20,753…

The Economic Times

Gen Z strength and pride of our country, says Kangana Ranaut

Kangana Ranaut has shifted her perspective, now commending Gen Z protesters as key cultural figures and embodiments of India's strength. This comment follows her previous criticism of the youth. She echoed RSS chief Mohan Bhagwat's sentiments about the younger generation while also calling out Rahul Gandhi for his lack of…

The Economic Times

Air India Phuket flight turbulence: Why Indian flyers may face more rough flights and the one habit that can prevent serious injuries

The Air India Phuket-Delhi flight that suddenly dropped nearly 300 feet over Odisha and injured passengers and crew has renewed concerns about turbulence. With climate change potentially increasing turbulence over India, experts stress one simple precaution: passengers should keep their seat belts fastened whenever they are seated.

The Economic Times

Hindalco Q1 results: Profit soars 75% YoY to record Rs 7,013 crore; revenue jumps 32%

Hindalco Industries reported a record 75% year-on-year jump in June-quarter consolidated net profit to Rs 7,013 crore, driven by strong India aluminium and copper operations and a recovery at Novelis. Revenue rose 32% to an all-time high of Rs 84,825 crore, while EBITDA surged 73% to Rs 14,989 crore, reflecting…

The Economic Times

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The Economic Times

Rupee nudges up on-week; traders stay cautious as oil firms, US payrolls loom

The Indian rupee maintained stability on Friday, showing a small improvement over the week. The central bank's intervention helped alleviate the impact of higher oil prices and market hesitance. Significant inflows from balance of payments strategies fortified the Reserve Bank of India’s defenses. Investors are now keenly awaiting essential U.S.…

The Economic Times

Congress issues whip to MPs ahead of key Parliament business

Congress has directed its Members of Parliament to attend Parliament on August 10, 11, and 12. Very important issues are scheduled for discussion during these upcoming parliamentary sessions. The party has also requested INDIA bloc allies to ensure their MPs are present. Reports suggest the FCRA amendment bill might be…

The Economic Times

India seeks river data from China, flags concerns over Tibet mega-dam

India has asked China to resume sharing vital water-flow data. This request comes amid concerns over a massive dam project on the Yarlung Tsangpo River. New Delhi seeks an early meeting to discuss upstream river projects. Both nations also agreed to maintain peace along their disputed border. Diplomatic and military…

The Economic Times

Hindalco rides aluminium supply shock, US unit Novelis' rebound in first quarter

Hindalco Industries sees strong performance from rising aluminium prices and Novelis' recovery. Global aluminium prices increased significantly due to supply shocks and a widening deficit. Novelis, its US subsidiary, improved operations after restarting its Oswego hot mill. The company achieved substantial cost savings and targets further operational improvements. Hindalco's India…

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The Economic Times

Allowing airport operators to own and run airlines is logical, says Akasa CEO Vinay Dube as airline turns four

Akasa Air CEO Vinay Dube supports airport operators owning airlines, which IndiGo opposes. The airline is seeking significant funding amid rising operating costs. Akasa reported a substantial financial loss for the fiscal year 2025. The company plans fleet expansion with many aircraft on order. Akasa continues to grow its operations…

The Economic Times

This 100-house Gujarat village has 17 international chess players: How one teacher’s dream of turning needy kids into grandmasters is making India proud

A small village in Gujarat is buzzing with promise as the Mahisagar district administration embarks on establishing a government chess school aimed at fostering local talent. This new campus will deliver professional training, providing invaluable opportunities for rural youngsters passionate about chess. Notably, the initiative boasts sixteen FIDE-rated players, and…

The Economic Times

EV retail sales break record at 3,27,901 units in July: FADA

India's electric vehicle retail sales hit a record 3,27,901 units in July. This represents a significant 66 percent year-over-year growth for the sector. The two-wheeler segment led this surge with 2,04,362 units sold. Electric passenger and three-wheeler sales also saw substantial increases. Overall, electric vehicles now constitute nearly one in…

The Economic Times

The message behind the missile: Six signals sent by Agni-IV test

India’s Strategic Forces Command conducted the 10th test of the Agni-IV ballistic missile, and its sixth user trial. Since Agni-IV is already inducted into service, the test was less about developing new technology and more about demonstrating operational readiness, reliability and deterrence credibility.

The Economic Times

India reviewing bilateral investment treaty overhaul to boost foreign investment: Official

India is reviewing its bilateral investment treaty model soon. The cabinet will decide on changes to attract more foreign capital. This review comes as India negotiates new pacts with developed nations. Indian industry bodies also seek faster dispute resolution for investors. The nation aims to boost foreign direct investment compared…

The Times of India

Trump signs new birthright citizenship rules: What it means for Indians

US President Donald Trump has signed two new executive orders aimed at restricting birthright citizenship, reviving one of his signature immigration policies just six weeks after the US Supreme Court dealt his administration a major setback by reaffirming that the 14th Amendment guarantees citizenship to almost everyone born on American…

The Economic Times

Ajinkya Rahane, once Virat Kohli's deputy, opens up on 2-year Test debut wait, shares important career lesson

Ajinkya Rahane discussed his challenging two-year wait as 12th man before his Test debut. He used this time to observe senior players and improve his own game. Rahane chose to improve himself rather than seek sympathy for being left out. Patience developed through his experiences in local trains and domestic…

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