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The Latest Breaking News from India

India's June services growth slips to 17-month low as demand, hiring cool, PMI shows

India's services sector growth slowed significantly in June, hitting a 17-month low as domestic demand weakened. New business expansion also reached its slowest point in over two-and-a-half years, leading to a near standstill in hiring. While export orders offered some support, overall business confidence dipped due to economic challenges and…

The Economic Times

Elephants are celebrities in India’s Hindu temples – and now the robots are coming

PETA and other nonprofits have donated about 40 robotic elephants, costing about $6,000 each

The Independent UK

Hitachi Energy, GE Vernova, Siemens Energy, other power equipment stocks crash up to 10%. Here’s why

Indian power sector stocks plunged Friday as reports emerged of a two-year exemption granted to four Chinese electrical equipment firms for government tenders. This move, aimed at easing project delays, allows companies like TBEA Energy and Nanjing Electric India to participate, despite earlier restrictions following the 2020 border clash. The…

The Economic Times

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India's coal-fired power output in June rises to highest since November 2023

India's electricity demand surged in June, pushing coal-fired power generation to a near three-year high. Record heatwaves and a weak monsoon fueled this increase, with cooling needs driving up consumption. Despite a rise in renewable energy, the lack of battery storage for solar power at peak times meant coal remained…

The Economic Times

India allows four Chinese-linked power equipment firms to bid for government projects

India has opened the door for four Chinese power equipment manufacturers with local factories to bid on crucial government power projects. This exemption, valid for two years, aims to bolster the nation's expanding transmission network and renewable energy goals. The move follows a January request from the power ministry and…

The Economic Times

Indian Embassy in Venezuela seeks thorough probe into alleged desecration of deceased sailor's body

India's Embassy in Venezuela is demanding a full investigation into the alleged desecration and organ removal from the body of Indian sailor Rakesh Chauhan. His wife claims he died suspiciously, with a second post-mortem in India revealing no organs were present. The Forward Seamen's Union of India has also highlighted…

The Economic Times

Forget Nifty50 stocks: Smallcaps soar up to 200% in 2026. Will the mammoth rally continue?

Indian smallcap stocks are outperforming the Nifty 50, with some indices soaring up to 200% this year. This rally is fueled by improving earnings, strong domestic liquidity, and renewed investor interest in bottom-up stock picking. While some experts see continued growth potential, others caution about rising valuations and suggest large-caps…

The Economic Times

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Why India's hospital chains are racing to buy, not build, in Tier II and Tier III cities

India's private hospitals are consolidating, shifting from building new facilities to acquiring existing ones. This trend, fueled by a decade of private equity funding, aims to address a critical shortage of beds, particularly outside major metros. While acquisitions offer faster growth, strategic assessment of regions is key. Experts predict this…

The Economic Times

The Indian judge behind the UN’s scathing Gaza report

More than 20,000 Palestinian children killed. Over 44,000 injured. 97 percent of Gaza's schools damaged or destroyed. And a clear pattern of Palestinian children being deliberately targeted and killed by the Israeli security forces.

Newslaundry

Weather Today and Tomorrow (July 3–4): IMD warns of heavy rain in Himachal, Uttarakhand, Odisha, Maharashtra, Goa and Madhya Pradesh. Full state-wise forecast

Weather tomorrow July 4: India braces for intense monsoon activity as the IMD forecasts widespread heavy rainfall, thunderstorms, and lightning across many states on July 3rd and 4th. Himachal Pradesh, Uttarakhand, Madhya Pradesh, Odisha, Gujarat, and the Konkan region are expected to witness significant downpours. Authorities are urging caution, especially…

The Economic Times

Sitharaman urges French firms to invest in India's AI, clean energy push

Union Finance Minister Nirmala Sitharaman urged French businesses to boost investments in India, highlighting vast opportunities in AI, clean energy, healthcare, and digital infrastructure. She emphasized the strong India-France partnership driving innovation and sustainable growth, noting a doubling of bilateral trade and the presence of 1,000 French firms. Sitharaman invited…

The Economic Times

MoCA, AAI to extend complete support for flight testing, airspace needs of India's fifth-generation fighter aircraft programme

India's fifth-generation fighter jet program, the Advanced Medium Combat Aircraft (AMCA), is receiving backing from the Civil Aviation Ministry and Airports Authority of India. This support ensures smooth flight testing and airspace access, crucial for developing the nation's indigenous defense capabilities. The program aims to significantly enhance the Indian Air…

The Economic Times

Smart investing: 11 stocks that retail investors bought for 3 quarters delivered up to 380% returns

Smart investing paid off for many retail investors who consistently increased their stake in 11 select stocks over three quarters. These companies, spanning diverse sectors like energy, engineering, and technology, delivered impressive returns, with some soaring over 380%. This trend highlights a strategic approach by individual investors, moving beyond mere…

The Economic Times

Non-AI Nifty suddenly beating Nasdaq, South Korea & Taiwan bourses: Is the global tech trade finally reversing?

India's Nifty is surprisingly outperforming global tech giants like Nasdaq, South Korea, and Taiwan, marking a potential reversal in the AI-driven market trend. Foreign investors are shifting away from Korean chipmakers, while India's domestic growth drivers offer a more stable outlook. This shift, fueled by concerns over AI 'malinvestment' and…

The Economic Times

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How Small-Batch Manufacturing Supports Slow Fashion: A Look at Apparel and Textile Companies Leading the Shift

The fashion industry has long been defined by mass production, fast turnaround times, and an endless cycle of trend-driven overconsumption

The Economic Times

Pakistan Earthquake: Tremors of magnitude 4.6 strike India's neighbour; third quake in a week

Pakistan experienced its third earthquake this week, a 4.6 magnitude tremor on Friday morning. This follows twin quakes on June 27, with magnitudes of 4.3 and 5.5. The region, situated on a major tectonic plate boundary, has seen multiple seismic events recently, including three on June 26. These tremors highlight…

The Economic Times

India’s space industry hunts for its SpaceX moment

India's private space sector is rapidly advancing, with a space unicorn poised for launch and startups developing cutting-edge satellites. Prime Minister Modi's initiative to open the industry is fostering innovation, attracting significant funding, and even drawing interest from billionaires like Mukesh Ambani. Despite challenges, the momentum is strong, with companies…

The Economic Times

ETMarkets Smart Talk | Why some NRIs pay zero tax on mutual fund gains in India: Sreepriya NS of Entrust Family Office explains

NRIs are increasingly viewing India as a prime long-term investment hub, attracted by its growth potential and tax efficiencies under certain DTAAs, especially for mutual fund gains. While diversifying globally, many are exploring structured real estate investments like REITs. Experts advise avoiding common pitfalls such as a lack of clear…

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The Economic Times

Delhi-NCR weather update: IMD issues yellow alert as monsoon arrives in Delhi; heavy rain, thunderstorms and gusty winds likely, relief from humidity expected

Rain in Delhi: Delhi is bracing for heavy rainfall and thunderstorms as the India Meteorological Department has issued a yellow alert. The monsoon has officially arrived, bringing much-needed relief from humidity. Residents can expect moderate to heavy showers, gusty winds up to 50 kmph, and potential waterlogging and traffic disruptions.…

Times Life

Why Cows Are Sacred in India: The Religious, Legal, and Bovine Reality Behind Hindu Veneration

The Law Protects What the Temple HonoursTwenty-nine of India's thirty-six states and union territories have laws that restrict or outright ban cow slaughter. In Uttar Pradesh, the Uttar Pradesh Prevention of Cow Slaughter Act carries a penalty of up to ten years in prison. In Gujarat, it is a life…

Times Life

The Beauty Minimalism Trend That Actually Works for Indian Skin and Melanin-Rich Complexions

Why Indian skin gets left out of the minimalism conversationThe global minimalist beauty movement arrived with a specific skin type in mind: pale, dry, and prone to sensitivity in cold climates. The three-step routines promoted by Scandinavian and Korean-adjacent brands, gentle cleanser, lightweight moisturiser, SPF, were built for skin that…

The Economic Times

Ayatollah Khamenei's coffin taken to the site of assassination: Iranian media

Ayatollah Khamenei's funeral news: Iran is preparing for a massive public farewell and funeral for former Supreme Leader Ayatollah Ali Khamenei, with an estimated 20 million people expected. The multi-day event, beginning July 4, will feature public viewing and procession. UN Secretary-General Antonio Guterres offered condolences, while India will send…

Times Life

How Homegrown Indian Beauty Brands Are Finally Formulating for Indian Skin

The Shelf Was Never Built for YouWalk into any chemist in Bengaluru or Bhopal and the anti-ageing aisle still skews heavily toward brightening serums designed for skin that tans minimally and ages with fine lines rather than hyperpigmentation. That was not an accident. For most of the post-liberalisation era, the…

The Economic Times

PE-VCs push structural reboot; Cred backers’ Meta gains

Happy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtech Morning Dispatch.

Times Life

Planning a Trip to Lakshadweep: Permits, Ferries, Budget, and Whether the Islands Are Worth It

The Permit Problem Nobody Warns You AboutForeign nationals need an entry permit to visit Lakshadweep, and so do Indian citizens, though the process differs. Indians travelling to most islands need a permit issued by the Lakshadweep Administration, and the catch is that independent travellers cannot get one on their own.…

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