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The Latest Breaking News from India

Cabinet approves GOBARdhan biogas scheme, Guwahati-Tezpur highway worth Rs 32,701 crore combined

The Union Cabinet approved two significant projects totaling over Rs 32,000 crore. The GOBARdhan scheme aims to boost biogas production nationwide with substantial financial support. This initiative seeks to reduce India's reliance on imported natural gas for energy needs. Additionally, a four-lane highway will be constructed between Baihata Chariali and…

The Economic Times

NPS for NRIs: Who can invest, tax benefits, eligibility, withdrawal rules explained

Non-Resident Indians have the opportunity to secure their retirement through investment in the National Pension System (NPS). This program provides considerable tax advantages as per the Indian Income Tax Act, allowing annual contributions to be deducted up to two lakh rupees. While withdrawals made after the age of sixty are…

The Economic Times

Baroda BNP Paribas MF raises Rs 1,200 crore+ from ESG and Services thematic fund launches

Baroda BNP Paribas Mutual Fund raised over Rs 1,200 crore through its ESG Best-in-Class Strategy Fund and Services Fund launches in 2026. The offerings drew investors from more than 5,700 pin codes, highlighting strong demand for thematic, long-term equity investment opportunities across India.

The Economic Times

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Indian rupee slips on importer bids, far forward premiums ease to one-month low

On Thursday, the Indian rupee ended slightly lower against the dollar, impacted by continuous demand from importers hedging their positions. While falling oil prices helped bolster market sentiment, the rupee has enjoyed recent appreciation thanks to central bank interventions. Analysts are now forecasting possible interest rate increases by the Reserve…

The Economic Times

Tewolde Gebremariam: The storied career of Air India's new helmsman and the tough India test that awaits him

Tewolde Gebremariam, known for crisis management, will lead Air India. He previously managed Ethiopian Airlines through major global crises. The airline faces safety concerns and financial losses after recent incidents. Modernising the fleet and navigating airspace restrictions will be his key tasks.

The Economic Times

American rifle shooter trains in India, returns home to win national title

American shooter Jeff Browning secured the US National Championship title after training in India. He honed his skills at the Topgun Shooting Academy in New Delhi for nearly two years. Browning returned to the United States and quickly achieved championship success in Ohio. The academy also hosted virtual competitions for…

The Economic Times

Karnataka, Anthropic discuss AI partnership for governance, skilling, & deeptech

Karnataka is discussing a long-term partnership with Anthropic for AI adoption. This collaboration aims to boost AI across governance, education, and healthcare sectors. Discussions focused on deploying AI solutions and ensuring responsible data privacy. The state plans AI certification programs and subsidised platform access. Karnataka seeks to strengthen its position…

The Economic Times

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Three IPC sections under which Bombay HC convicted Tarun Tejpal

The Bombay High Court convicted Tarun Tejpal for rape on Thursday. He was found guilty under three sections of the Indian Penal Code. This decision overturned his previous acquittal by a Goa sessions court. The court convicted him for offenses including sexual harassment and using criminal force. The conviction relates…

The Economic Times

Distortions are inevitable: Nithin Kamath explains why new closing auction is causing wild moves in Indian stocks

Zerodha co-founder Nithin Kamath said the sharp swings under the new Closing Auction Session (CAS) reflect structural weaknesses in Indian markets rather than flaws in the mechanism itself. The new 20-minute auction, replacing the earlier VWAP-based close, has caused unpredictable late-day moves and losses for options traders and algo desks,…

The Economic Times

As Seen on Netflix: Tourism Ministry, Netflix launch portal to promote India's filming locations

The Ministry of Tourism and Netflix India launched a new website section. This initiative promotes Indian destinations and cultural heritage through storytelling. Viewers can now discover real filming locations featured in Netflix originals. The collaboration aims to boost tourism and strengthen the creative economy.

The Economic Times

7 Indian Surnames Secretly Linked to Ancient Rivers

Your surname is more than just a family name. It may carry a story that stretches back hundreds or even thousands of years. Across India, many surnames are believed to have evolved from professions, kingdoms, villages, and even sacred rivers. While some of these connections are supported by historical records,…

MyLifeXP

Honda outsources new vehicle program to Tata Tech to cut costs

Honda has outsourced a new vehicle platform development to Tata Technologies. This move aims to significantly reduce costs and accelerate its product roadmap. The new platform will support multiple car models, including electric and hybrid variants. Honda is strategically utilizing external resources to enhance its competitive edge. This partnership highlights…

The Economic Times

Mastercard says UPI complements digital payments ecosystem, not a competitor

Mastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country's digital payment ecosystem. Mastercard continues to invest heavily in cybersecurity to ensure system trust. Enhanced security innovations balance user convenience and friction effectively. India's digital payments framework is considered among the…

The Economic Times

Money debited but cash not received from ATM: Consumer Commission ordered bank to pay Rs 15,000 compensation; here's why customer won

A Kozhikode consumer commission has ordered Union Bank of India to refund Rs 10,000 and pay Rs 5,000 in compensation to a customer who said his account was debited at an ATM but no cash came out. The bank claimed its records showed the cash was dispensed, but failed to…

The Economic Times

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The Economic Times

UPI no challenge to Mastercard, has expanded digital payments: Exec

Mastercard India head Gautam Aggarwal sees UPI as a complementary system. UPI has educated consumers and expanded the digital payments market significantly. India possesses the world's largest digital payments ecosystem in absolute terms. Mastercard invests heavily in cybersecurity to ensure user convenience and security. A strong regulatory framework and consumer…

The Economic Times

TVS Capital Funds' C K Prahalad Foundation honours S4S Technologies

The event brought together entrepreneurs, investors, founders and business leaders for the Next Practice Memorial Oration

The Times of India

'Why December? She should come now': Bangladesh PM Tarique Rahman's aide challenges Sheikh Hasina

A day after former Bangladesh Prime Minister Sheikh Hasina, in a virtual press conference, announced that she would return to the country in December despite the risk of arrest or imprisonment. PM Tarique Rahman's camp challenged Hasina to return immediately instead of waiting until December.

The Economic Times

Lok Sabha passes Taxation and Other Laws (Amendment) Bill to boost foreign investment, electronics manufacturing

The Lok Sabha passed a bill to attract foreign investment and promote domestic manufacturing. This legislation aims to provide greater tax certainty for businesses operating in India. It simplifies tax frameworks for offshore investment funds and fund managers. The bill also extends tax exemptions for electronics manufacturing and diamond trade.

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The Economic Times

Sri Lanka Navy launches rescue operation for Indian vessel carrying 11 crew members

An Indian fishing trawler with eleven crew members ran aground in Sri Lankan waters. The Sri Lanka Navy rescued the fishermen after the vessel sustained partial structural damage. This incident occurred near Delft Island, also known as Neduntheevu, in the Palk Strait. The Indian vessel allegedly engaged in illegal bottom…

The Economic Times

Alternative fuels now within striking distance of petrol in passenger vehicle market, says FADA

Alternative fuels are closing in on petrol's share in India's vehicle market. CNG leads the alternative fuel segment, followed by hybrids and electric vehicles. This shift indicates a rapid change in the fuel mix for vehicles. The Federation of Automobile Dealers Associations released this retail data for July. The gap…

MyLifeXP

New Scorpio N, Vision S and BE 6: Mahindra's Biggest Reveal Yet?

Once again, Mahindra has chosen Independence Day to announce something big in their SUV range. Mahindra has launched the Mahindra Scorpio N 2026 at an ex-showroom price of Rs 13.49 lakh in India. Along with the range of SUVs that have been launched, Mahindra has also planned to launch the…

The Economic Times

India must manufacture clean-tech, not just consume it: Steel Minister Kumaraswamy

India's energy security now depends on manufacturing and resilient technology supply chains. The nation aims to become a global hub for clean energy technology production. Steel is identified as a crucial pillar supporting renewable infrastructure and battery projects. Government schemes support electric mobility, battery manufacturing, and critical mineral supply chains.…

The Economic Times

Gautam Gambhir says India ready for Sri Lanka Test challenge

Coach Gautam Gambhir emphasized team readiness for the upcoming Sri Lanka Test series. The squad aims to be fully prepared for all challenges presented during the matches. This series marks India's first World Test Championship assignment since their last defeat. Newcomers Saransh Jain and Auqib Nabi received congratulations from the…

The Economic Times

Low insurance penetration, reforms to drive 'massive' growth in India's insurance sector: S&P

India's insurance sector anticipates significant long-term expansion driven by reforms and low penetration. Favorable regulations are attracting foreign investment and accelerating mergers and acquisitions. Both life and non-life segments show strong growth potential for insurers. However, macroeconomic challenges and inflation could dampen domestic demand.

The Economic Times

19x leverage on FCNR(B) deposits and high returns may not work for NRIs based in Singapore in this case

FCNR (B) FD: For NRIs, the potential gains from FCNR(B) deposits may be undermined by Singapore's tax policies. Interest earnings from Indian banks are recognized as originating from Singapore, triggering local taxes that can diminish effective yields on these deposits. Conversely, payments made to Indian banks' Singapore branches do not…

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