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The Latest Breaking News from India

India's Wipro opens AI centre for Anthropic's Claude in Bengaluru

Wipro has launched a new AI hub in Bengaluru. This centre focuses on Anthropic's Claude models. It aims to help businesses adopt AI more widely. Wipro will train thousands of employees. This move comes as AI impacts traditional IT services. Rival TCS also recently partnered with Anthropic for AI scaling.

The Economic Times

ET Alpha Wealth Summit | Wealthy Indians are still way underinvested in global stocks, says PPFAS's Rajeev Thakkar

Indian wealthy investors must look beyond this year's market ups and downs for wealth protection. Experts advise a long-term strategy for lasting wealth. This involves reducing risks like inflation and taxes. Diversifying investments globally is crucial. Investors should increase their international equity exposure now. Focusing on business fundamentals, not just…

The Economic Times

Strong earnings, easing headwinds to boost market outlook: Devang Mehta

Indian stock markets are poised for growth. Strong company profits and stable economic factors are supporting this positive outlook. Investors can expect good returns over the next one to two years. Key sectors like power ancillaries, capital expenditure, and financials are expected to perform well. This presents an exciting opportunity…

The Economic Times

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Nifty upside limited, but stock-specific opportunities remain: Pramod Amthe

Indian equities face headwinds from inflation and monsoon uncertainty, yet opportunities exist. Pramod Amthe of InCred Capital highlights sectors with pricing power like FMCG and paints, alongside preferred auto segments and NBFCs. While broad market gains may be modest, astute stock selection is key for investors navigating these challenging times.

The Economic Times

Mercedes beats Maruti in mileage: Luxury car maker launches new S-Class that delivers 32.2 kmpl average

The 2026 Mercedes-Benz S-Class has arrived in India, boasting an impressive claimed fuel efficiency of 32.2 kmpl with its new plug-in hybrid powertrain. This luxury sedan, featuring a 3.0-litre turbo-petrol engine and electric motor, surpasses many mass-market vehicles in mileage. The updated S-Class also introduces design enhancements and advanced interior…

The Economic Times

J. Kumar bets big on tunnelling as India’s urban pipeline expands

As India races ahead with metro expansion and urban infrastructure development, execution excellence is becoming the defining factor behind project success.

The Economic Times

Indian workers training AI robots to take their jobs

KARUR — With a smartphone strapped to her head, Nagireddy Sriramyachandra films herself slicing mangoes in her kitchen in India to train robots powered by artificial intelligence (AI) to take on household jobs in the future.

Bangkok Post

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IAF launches project to produce indigenous long-range kamikaze drones

The Indian Air Force is developing long-range kamikaze drones with Indian companies. This initiative aims to strengthen preparedness for future drone warfare. The project focuses on indigenous design, development, and manufacturing. The drones will operate at high altitudes and in all conditions. This move promotes self-reliance in defence production. The…

The Economic Times

India’s defence output more than doubles in five years, hits record Rs 1.78 lakh crore

India's defence production has hit a record Rs 1.78 lakh crore in the financial year 2025-26. This marks a significant 15.6 percent jump from the previous year. Indigenous manufacturing and private sector involvement are driving this growth. Defence exports also reached an all-time high, showcasing India's increasing self-reliance in defence.

The Economic Times

HDFC Bank prices $750 mln bond in largest offshore deal by lenders since 2023, say bankers

HDFC Bank has successfully raised $750 million through dollar bonds. This move capitalizes on the Reserve Bank of India's subsidized hedging facility for overseas borrowings. The deal marks the largest by an Indian lender since May 2023. Other banks are also planning similar overseas debt sales. Proceeds will support international…

The Economic Times

No Hug, Just Handshake: Modi’s Silent Message to Trump

Diplomacy is often communicated through words, but sometimes the strongest messages are delivered without saying a single sentence. At the G7 Summit 2026, Prime Minister Narendra Modi's brief handshake with US President Donald Trump grabbed global attention. The moment stood out because it broke a familiar pattern. For years, Modi's…

MyLifeXP

AI boom hands HFCL investors nearly 200% returns in just 6 months. Overheated or undervalued?

HFCL shares have surged nearly 200% in six months, driven by the AI boom and India's expanding data centre industry. The company, a key optical fibre cable manufacturer, has seen significant revenue and profit growth. Strong order books and diversification into defence and aerospace further bolster its prospects.

The Economic Times

Beyond the hype: 5 under-the-radar stocks common across India's 3 largest smallcap portfolios

India's top three smallcap mutual funds, managing over Rs 1.5 lakh crore, show strong consensus by holding five under-the-radar stocks across their portfolios. These include Kalpataru Projects International, KIMS, City Union Bank, PVR Inox, and Carborundum Universal, collectively representing 5.34% of their combined assets.

The Economic Times

Sensex rises 347 points, Nifty closes near 24,100 as oil prices drop below $80. What lies ahead?

Indian stock markets extended gains for the fourth consecutive session, with Sensex and Nifty rising over 0.4% each. This surge was driven by a framework for an Iran-US deal and a significant drop in oil prices below $80 per barrel. Analysts anticipate continued market resilience, supported by tapering FII outflows…

The Economic Times

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The Economic Times

The 30% smallcap tilt: How Abakkus Flexi Cap Fund is positioning for the next rally

Abakkus Mutual Fund is strategically allocating 30% to smallcaps within its Flexi Cap Fund, identifying mispriced opportunities despite stretched midcap valuations. This approach aims to capture high-conviction, beaten-down smallcap stocks poised for India's next growth phase, bypassing market fears.

The Economic Times

IND A vs AFG A live streaming, playing 11, prediction, pitch and weather report for India A vs Afghanistan A Sri Lanka tri-series match

IND A vs AFG A Live Streaming, Playing 11 Prediction: India A needs a victory against Afghanistan A in the Sri Lanka A-Team Tri-Series 2026. This crucial Match 5 is a virtual knockout for Tilak Varma's team. After two close defeats, India A must perform well in all departments to…

The Economic Times

PM Modi holds bilateral talks with Kenya, Japan, Egypt and South Korea leaders on sidelines of G7 Summit

Prime Minister Narendra Modi met with leaders from the UAE, Kenya, Egypt, South Korea, and Japan at the G7 Summit in Evian, France. Discussions focused on boosting trade, investment, and strategic ties. Modi also stressed dialogue for global conflict resolution and highlighted maritime security. India's participation marked its 13th G7…

The Economic Times

India, Canada agree to conclude free trade pact talks by year-end

India and Canada are set to finalize a free trade agreement by the end of this year. Prime Minister Narendra Modi and his Canadian counterpart Mark Carney met to strengthen bilateral ties. Discussions focused on enhancing cooperation in defense, trade, and energy sectors. Both nations aim to build a robust…

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The Economic Times

PM Modi, Trump to discuss West Asia crisis, energy partnership, trade deal on sidelines of G7 Summit: Sources

Prime Minister Modi and President Trump are set to discuss West Asia tensions, the Strait of Hormuz, and a bilateral trade agreement during their G7 meeting. Both nations aim to build a long-term energy partnership amid global supply chain concerns. The trade deal is reportedly in its final stages, with…

The Economic Times

NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDS

NRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE interest is tax-free in India, while NRO interest attracts TDS and taxation. However, DTAA benefits may reduce the tax burden on NRO income and help avoid double taxation.

The Economic Times

The Indian workers training AI robots to take their jobs

With a smartphone strapped to her head, Nagireddy Sriramyachandra films herself slicing mangoes in her kitchen in India to train AI-powered robots to take on household jobs in the future. "I may get a robot myself in the future," she added.

The Economic Times

Mukesh Ambani’s Jio may file for $4 billion IPO before Friday AGM: Report

Reliance Jio Infocomm is reportedly days away from filing draft papers for its $4 billion IPO, potentially before Mukesh Ambani's AGM address. This offering aims to be one of India's largest, with funds going to Jio for expansion rather than existing shareholders. The move comes as India's primary market activity…

The Economic Times

India has wide AI talent gaps in deployment, governance, security: Quess report

India faces significant AI talent gaps in deployment, governance, and security roles, with GenAI deployment showing the widest deficit. While the country boasts the second-largest AI talent pool globally, the demand is shifting towards production-ready skills, particularly in the three-to-five-year experience band, as AI becomes a horizontal capability across industries.

The Economic Times

Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceX

SpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move positions SpaceX strongly in the AI coding tools segment, competing with giants like OpenAI and Anthropic. Cursor, cofounded by Indian-origin entrepreneur Aman Sanger, boasts substantial annual revenue and a…

The Economic Times

Pocket FM begins reverse flip talks; eyes potential India IPO

Audio entertainment startup Pocket FM is reportedly in discussions to shift its holding structure back to India, signalling potential plans for a domestic public listing. This move follows rival Kuku Technologies' formal steps towards an IPO, intensifying focus on India's growing audio and mobile-first storytelling market.

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