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The Latest Breaking News from India

No slow encroachment in Arunachal Pradesh by China, Army and ITBP geared up to dominate the border: Sources

India rejects China's claims on Arunachal Pradesh as an integral part. Sources state the Army and ITBP are prepared to monitor Chinese activities. Past Chinese incursions and territorial claims are noted in historical context. India emphasizes maintaining peace and tranquility along the Line of Actual Control. Diplomatic and military channels…

The Economic Times

PM Modi, Trump will work out Russian oil-related 100 per cent tariff issue, says US official

US official Peter Navarro believes US President Trump and Prime Minister Modi will resolve tariff differences. He recalled past criticism regarding India's increased Russian oil purchases after the Ukraine invasion. The US Senate recently passed a bill allowing tariffs on countries buying Russian energy. This legislation aims to increase economic…

The Economic Times

Air India pilot on Phuket-Delhi flight tests 'positive' for marijuana: Report

The pilot-in-command of an Air India Phuket-Delhi flight tested positive for marijuana after a recent incident. This confirmatory test followed an initial non-negative screening report received upon arrival. The incident occurred on a Phuket-Delhi flight which experienced a sudden loss of altitude. The AAIB is investigating the circumstances surrounding the…

The Economic Times

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Sugar Prices Extend the Week-Long Rally on Global Supply Concerns

October NY world sugar #11 (SBV26 ) is up +0.14 (+0.85%) today, and October London ICE white sugar #5 (SWV26 ) is up +2.50 (+0.49%). Sugar prices extended their week-long rally today, with NY sugar posting a 10-month nearest-futures high and London sugar posting a 15-month high. Concerns over lower...

Barchart

50 military veterans write to PM Modi seeking intervention to save Delhi Gymkhana Club

Retired military officers have appealed to Prime Minister Narendra Modi for intervention. They seek reconsideration of the Delhi Gymkhana Club's eviction order. The club provides an invaluable support network for veterans and retired public servants. The government ordered the club's eviction to secure defence infrastructure and public safety. The veterans…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities declined as rising crude prices and a weaker rupee weighed on sentiment. Sensex fell 388 points and Nifty 112 points, while analysts flagged 24,400 as key support amid geopolitical risks and upcoming inflation data.

The Economic Times

NDR InvIT Trust files draft papers for Rs 750 crore IPO

In an ambitious move, NDR InvIT Trust plans to launch a public offering to secure up to Rs 750 crore, comprising a combination of new issues and an offer-for-sale. The capital raised is intended to enhance their portfolio through new warehousing acquisitions, facilitating ongoing development. NDR Warehousing, as the trust's…

The Economic Times

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PNB case: Accused can't dictate probe method, says court while rejecting plea for video conference

A Mumbai court rejected Purvi Modi's plea for a video conference statement. The court stated an accused cannot dictate investigation procedures. Her physical appearance was deemed necessary for the ongoing fraud investigation. The court noted her past conditional pardon required her return to India. Purvi Modi's conduct suggests no genuine…

The Economic Times

Examining Sheikh Hasina extradition request as per established procedures, MEA says

India is examining Bangladesh's request for Sheikh Hasina's extradition. The government stated its position on the matter remains unchanged. Investigations are ongoing regarding the murder of activist Sharif Osman Hadi. High Commissioner Dinesh Trivedi met with Prime Minister Tarique Rahman in Dhaka. Both nations discussed strengthening bilateral relations and mutual…

The Economic Times

From 'Simon Go Back' to tricolour skies: How kites became a symbol of freedom

Kite flying is a beloved Indian tradition celebrating freedom and patriotism. Families gather on rooftops, enjoying the festive atmosphere and friendly competitions. Kites, once used for protest, now symbolize national pride and unity. Markets display colourful kites featuring tricolour patterns and patriotic messages. Safety precautions are advised for responsible kite…

The Economic Times

India targets 10-fold clean fuel output jump in next 5-10 years to curb imports

India aims for a tenfold increase in compressed biogas production over the next decade. The government plans to address supply chain uncertainties and simplify business processes. Offtake assurance and stable pricing mechanisms will be implemented for producers. Financial support and credit guarantees will encourage new plant development. This initiative seeks…

The Economic Times

BLUE unveils AI-first video analytics infrastructure, targets 10X revenue growth by FY30

Bengaluru-based BLUE has unveiled a groundbreaking AI-native video infrastructure platform that leverages a cutting-edge semantic codec to optimize video data encoding. Designed to significantly cut bandwidth and storage expenses for businesses, BLUE is anticipating a tenfold revenue increase by FY30 driven by this innovation. Initial partnerships with leading firms in…

The Economic Times

TN Speaker’s anti-abortion rhetoric is more than a personal opinion

Abortion rights in India are hard-won. In 2021, the Supreme Court observed in a landmark judgement that reproductive autonomy is a fundamental right under Article 21 of the Constitution. That means a woman can choose whether or not to exercise her right to abortion.

Newslaundry

India's net direct tax collection rises 23% to Rs 8.11 lakh crore as of August 10

India's net direct tax collections grew 23.09 percent year-on-year to Rs 8.11 lakh crore. Gross direct tax collections increased 19.75 percent, with refunds also rising slightly. Net corporate tax collections saw a substantial increase from the previous year's figures. Securities Transaction Tax collections also climbed significantly during this period. Overall,…

The Economic Times

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The Economic Times

Tribeca, Ira Realty to build Trump-branded housing project in Hyderabad at Rs 2,000 cr investment

Tribeca Developers and Ira Realty are thrilled to announce their ambitious Trump-branded luxury housing project nestled in Hyderabad. The venture, requiring a hefty investment of Rs 2,000 crore, will boast two magnificent 65-storey structures featuring a total of 450 high-end apartments. With construction kicking off, the project is on track…

The Independent UK

Study recommends ending alcohol ban in one of India’s last dry states

Research paper by independent think tank says prohibition in Bihar has failed to deliver the promised transformation

The Economic Times

Indian bonds slip as crude hovers near $90

Indian government bonds declined on Tuesday as oil prices briefly surged past ninety dollars. Traders awaited inflation data for clues on the Reserve Bank of India's interest rate path. Elevated oil prices could potentially fuel inflation and strain India's fiscal balance. Ample banking system liquidity supported demand, especially for short-term…

The Economic Times

India's monsoon to weaken over west, south in next fortnight

Below-average monsoon rainfall is expected across western and southern India. This forecast threatens newly planted cotton, soybean, and corn crops. Rainfall deficits are likely to widen due to a strengthening El Nino. Minimum and maximum temperatures are also expected to rise. Farmers face challenges as crops remain vulnerable to dry…

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The Economic Times

Diageo India unit tells court rum ban lacked due process: Report

United Spirits challenges a government ban on its popular rum in Maharashtra. The company argues the prohibition order was issued without following proper legal procedures. This action occurred as food safety regulators began industry consultations on labelling rules. United Spirits claims the ban is premature and commercially prejudicial to its…

The Economic Times

India examining Mecca Joint Defence Agreement's impact on national security, regional stability, says MEA

India is closely examining the new Mecca Joint Defence Agreement signed by Saudi Arabia, Pakistan, and Turkey. This trilateral pact establishes a collective defence framework for the three participating nations. The agreement aims to strengthen regional and global peace, stability, and security. India remains committed to safeguarding its own national…

The Economic Times

Arunachal integral to India, border peace vital for China ties: MEA

India stated border stability reflects broader bilateral ties with China. Arunachal Pradesh remains an inalienable and integral part of India. Beijing's objections to naming places were rejected by New Delhi. Both nations are working to rebuild ties after past clashes. Existing channels will be used to resolve outstanding border issues.

The Economic Times

Sebi proposes to allow FPIs to participate in physically settled commodity derivatives

Sebi plans to permit Foreign Portfolio Investors in physically settled commodity derivatives. This move aims to boost institutional participation and market liquidity. Safeguards ensure FPIs avoid delivery obligations through a two-tier mechanism. Positions are automatically transferred if not voluntarily squared off before delivery. This framework seeks to deepen India's commodity…

The Economic Times

US envoy Sergio Gor meets NSA Ajit Doval; says India-US ties vital for global security

US Ambassador Sergio Gor met with National Security Advisor Ajit Doval to discuss strategic cooperation. This meeting followed Ambassador Gor's discussion with Foreign Secretary Vikram Misri on bilateral relations. Prime Minister Narendra Modi also spoke with US Vice-President JD Vance about deepening partnerships. Both leaders noted sustained momentum in high-level…

The Economic Times

PM Modi urges people to celebrate Independence Day with honour, pride

Prime Minister Narendra Modi urged citizens to celebrate Independence Day with pride and glory. He encouraged everyone to take a pledge for a developed India and hoist the tricolour. NDA MPs and Union ministers greeted him with national flags and patriotic slogans. The parliamentary party meeting also included a presentation…

The Economic Times

Air India SATS signs pact with Concor arm to streamline cargo transportation

Air India SATS Airport Services and Concor Air Limited have signed an initial pact. This collaboration aims to expedite cargo movement from Dadri to Noida International Airport. The agreement will facilitate seamless handling of customs-cleared transhipment cargo for international dispatch. This partnership strengthens AISATS' air cargo operations by deepening inland…

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