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The Latest Breaking News from India

The NCPI gambit: TMC rebels' unlikely escape route runs through an obscure party

Twenty Trinamool Congress Lok Sabha MPs have joined the Nationalist Citizens Party of India. This move bypasses legal hurdles and allows them to maintain their parliamentary presence. The strategy aims to create political space outside Mamata Banerjee's control. The BJP benefits from parliamentary support without immediate organizational integration in West…

The Economic Times

US-Iran peace deal may help boost India's exports, stabilise rupee

A peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's exports to West Asia. It will also help stabilize the Indian rupee and reduce inflationary pressures. The reopening of this vital shipping route promises economic relief…

The Economic Times

Indian envoy to Oman meets 20 rescued MT Jalveer crew ahead of repatriation

The Indian Embassy in Oman successfully coordinated the rescue and repatriation of 20 Indian crew members from MT Jalveer, alongside 14 sailors from the sunken vessel MSV Virat. This follows severe regional maritime tensions and a major diplomatic protest lodged by New Delhi over recent fatal attacks on commercial shipping.

The Economic Times

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Vedanta Oil and Gas shares list at Rs 39 on BSE as 4 demerged entities debut on Dalal Street

Vedanta Oil & Gas shares debuted at Rs 39 on BSE and Rs 38 on NSE as part of Vedanta’s mega demerger that led to four new listings. The company’s valuation came broadly in line with estimates, marking a key milestone in one of India’s largest corporate restructuring exercises.

The Economic Times

India-France discuss deepening trade, tech ties during meeting between Piyush Goyal, Nice Mayor

India and France are strengthening ties in trade and technology. Discussions between Union Commerce Minister Piyush Goyal and Nice's Mayor Eric Ciotti highlighted new avenues for cooperation. Nice will host Bharat Innovates 2026, showcasing Indian startups. Both nations aim to boost bilateral trade and advance in AI, space, and strategic…

The Economic Times

Vedanta Iron & Steel shares list at Rs 22 on BSE as mega demerger concludes

Vedanta Iron & Steel debuted on the BSE at Rs 22 and NSE at Rs 20 on Monday as part of Vedanta's demerger plan. The company, with operations in India and Africa, focuses on iron ore and steel production. Its market capitalization at debut was approximately Rs 7,821 crore.

The Economic Times

Dhiraj, Kumkum script golden chapter for India at Archery World Cup 2026 in Antalya

The 24-year-old Dhiraj stunned Olympic bronze medallist Lee Woo-seok of South Korea 7-3 in the men's individual recurve final to claim his maiden Archery World Cup gold medal. It was also India's first men's individual recurve gold at a World Cup stage since Atanu Das achieved the feat in 2021.

The Economic Times

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What Rahul Gandhi Saw That Triggered the Tsunami Warning

Is India standing on the edge of an economic crisis, or is the country continuing its growth story despite global challenges? That question has suddenly become the center of a heated political battle after Leader of Opposition Rahul Gandhi warned of an approaching "economic tsunami." His remarks sparked strong reactions,…

MyLifeXP

Rupee rises 58 paise to 94.60 against US dollar in early trade

The Indian Rupee strengthened significantly against the US Dollar on Monday. This surge followed the announcement of a peace deal between the United States and Iran, which is expected to end their war. Global crude oil prices saw a sharp decline as a result. Strong performance in domestic equity markets…

The Economic Times

Will SpaceX's $75 billion IPO set the ball rolling for Reliance Jio and NSE listings in India?

SpaceX's massive IPO is making waves globally. However, Indian market experts believe this will not directly impact upcoming listings of Jio Platforms and NSE. The timing for these Indian mega IPOs will depend on domestic market sentiment and conditions. Geopolitical easing could also play a role.

The Economic Times

ET Alpha Wealth Summit | India's passive investing boom just starting; speed of change is unlike anything seen elsewhere: Sid Swaminathan

India's investment world is undergoing a significant transformation. Passive funds are leading this change, growing from 6% to 25% of the mutual fund industry in just a decade. This rapid shift is fueled by maturing markets, investors questioning active management fees, and a majority of large-cap funds failing to beat…

The Economic Times

British Kashmiris rally in London against Pakistan's crackdown in PoJK

Thousands of British Kashmiris marched in London protesting a crackdown by Pakistani forces in Pakistan-Occupied Jammu and Kashmir. Demonstrators demanded human rights and action against terrorism. They raised concerns over civilian killings and harassment. The protests follow similar demonstrations. India reiterates its stance on the region's integration.

The Economic Times

SL A vs IND A: Playing 11, live streaming, prediction, pitch report, weather update

Sri Lanka A vs India A predicted playing 11: India A faces Sri Lanka A in their second Tri-Nation A Series encounter on June 15. After a narrow loss to Afghanistan A, India A, led by Ruturaj Gaikwad's previous century, aims to leverage their strong batting lineup. The match at…

The Economic Times

Safety rules are routinely flouted in India’s factories

Indian factories routinely flout occupational health and safety rules, even as inspections remain scant, and overworked, underpaid workers operate faulty machinery leading to accidents and injuries, many of which are not counted in official statistics, a new report shows.

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The Economic Times

Nifty’s hidden discount sale: 54% of top Indian stocks are cheaper now than in 2023. Is it time to buy?

Over half of India's top Nifty50 stocks are now trading at lower forward P/E multiples than in 2023, indicating a significant valuation correction. This discount sale, driven by macro anxieties and a slowdown in earnings growth, presents a recalibrated risk-reward scenario for investors. Experts suggest this period offers a tactical…

The Economic Times

ET Alpha Wealth Summit | 'Don't think the US is the world': Devina Mehra's 3 rules for getting global investing right

Indian investors are increasingly seeking global investments. Wealth managers emphasize strategic diversification, not reactive choices. Devina Mehra of First Global highlights India's small global market share and the rupee's depreciation as reasons for international allocation. She advises against treating the US as a global proxy and warns against panic-selling. Proper…

The Economic Times

PM Modi receives traditional Slovakian welcome; lauds rich cultural heritage

Prime Minister Narendra Modi arrived in Bratislava, Slovakia, for a three-day visit. He was welcomed with traditional bread and salt, and witnessed folk dance performances. Modi expressed gratitude to the Indian community for their warm reception. He is scheduled to hold talks with Slovak Prime Minister Robert Fico and meet…

The Economic Times

Indian AI startups pitch for funds from venture capitalists in US: Anirudh Arun

Indian artificial intelligence companies are increasingly securing funding from the United States. Investors are drawn to promising returns and India's government initiatives promoting advanced technology. Anirudh Arun, CEO of Agentic Universe, highlights this trend and calls for greater support from Indian venture capitalists.

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The Economic Times

IndiGo, SpiceJet and other tourism stocks surge up to 7% as US-Iran deal lifts sentiment

Indian airline and travel stocks up to 7% surged as U.S. President Trump announced an initial agreement to end the war and reopen the Strait of Hormuz. This development is expected to ease geopolitical tensions, potentially reducing operating costs for airlines and restoring travel sentiment. Investors anticipate a normalization in…

The Economic Times

Razorpay begins IPO process; files confidential DRHP to raise Rs 5,000-6,000 crore

Fintech major Razorpay has officially commenced its IPO journey by filing its draft red herring prospectus with SEBI, aiming to raise Rs 5,000-6,000 crore. This move follows shareholder approval for a fresh issue and an offer-for-sale component, marking a significant step after its reverse flip to India.

The Economic Times

Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce deal

A "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil imports. This normalization is expected to lower freight costs, ease inflationary pressures, and stabilize global energy markets, benefiting key sectors and policymakers.

The Economic Times

Petrol, Diesel prices remain unchanged despite 4% drop in crude oil after Iran-US peace deal

Despite a sharp fall in global crude oil prices to below $84 per barrel following Iran-US negotiation reports, fuel prices in India remained unchanged on June 15, 2026. State-run oil companies have kept petrol and diesel rates steady since May 25, as they recover from previous price hikes and exchange…

The Economic Times

Noida International Airport begins commercial operations; first IndiGo flight from Lucknow to land at Jewar airport

Noida International Airport officially commenced commercial flight operations on June 15, marking a significant boost for air connectivity in northern India. IndiGo will operate the inaugural flights, connecting Lucknow, Bengaluru, and eventually over 16 other destinations. This landmark project is poised to drive substantial economic growth and create numerous jobs…

The Economic Times

Vedanta listings: 4 new Vedanta Group stocks debut on Dalal Street. What's ahead?

Four Vedanta Group firms – Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel – debuted on BSE and NSE following a mega demerger. Vedanta Aluminium listed as the sole large-cap, opening at Rs 527, surpassing its parent. The special pre-open session facilitated price discovery for…

The Economic Times

Razorpay confidentially files IPO papers with Sebi

Fintech firm Razorpay is preparing for its stock market debut. The company has confidentially filed for an initial public offering. Razorpay aims to raise between $600 million and $700 million. Its valuation is expected to be between $5 billion and $6 billion. This move signals a significant step for the…

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