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The Latest Breaking News from India

200 point-jump in 2 minutes: Why Nifty made a surprising surge before closing bell

Nifty surged nearly 200 points in two minutes after India introduced the Closing Auction Session for F&O stocks. The new mechanism replaced the VWAP-based closing price with an auction-driven equilibrium price, altering index movements, trading timelines and intraday position management.

The Economic Times

Indian rupee ends flat as robust importer hedging blunts oil price relief

The Indian rupee finished slightly lower at the close on Monday, pulling back from an early surge. Demand for dollars from importers and state banks intensified, countering the fall in oil prices. Meanwhile, global equities gained ground ahead of the scheduled discussions between Washington and Tehran. The dollar index maintained…

The Economic Times

India proposes tax relief for offshore funds using local managers

India has proposed easing tax rules for offshore investment funds using India-based managers by removing size and investor limits, aiming to attract foreign capital and boost domestic fund management activity.

The Economic Times

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NFO Alert: Franklin Templeton announces launch of short term fund

Franklin Templeton India has launched its new open-ended short term debt fund. The Franklin India Short Term Fund will open for subscription on August 5. This new fund aims to invest in high-quality debt instruments and government securities. It will maintain a portfolio Macaulay duration between one and three years.…

The Economic Times

Investors slash Zepto’s valuation, delaying India IPO plans

Zepto has deferred its highly anticipated IPO after domestic investors proposed a 68% valuation cut, valuing the rapid-commerce firm at $2.3 billion against its earlier $7.2 billion unlisted valuation. Facing market skepticism over loss-making startups, the company will now raise capital privately before attempting a public listing.

The Economic Times

Who is Harshita Jakhar, the Rajasthan cyclist who started on Patiala's roads and made history at Tour de France?

Rajasthan cyclist Harshita Jakhar made history by becoming the first Indian woman to feature at Tour de France Femmes. The 19-year-old, who began cycling on Patiala's roads, joined the UCI World Cycling Talent programme and is now targeting success at the 2026 Asian Games.

The Economic Times

Man, who refused US job offer earlier, pays over Rs 1 crore income tax, says 'I'm earning for someone else'; sparks debate

A man's Rs 1.14 crore income tax payment sparked debate on taxpayer value in India. He chose to stay in India despite overseas job offers to care for parents. Many users feel taxpayers receive limited benefits for significant contributions to the nation. Concerns include inadequate social security, healthcare, and public…

The Economic Times

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SBI, HSBC and ICICI lead India's overseas deposit drive, data shows

HSBC, SBI and ICICI Bank emerged as the top beneficiaries of the RBI’s dollar deposit scheme for NRIs, raising $6.14 billion, $4.12 billion and $3.7 billion, respectively. Launched to support the rupee and boost foreign currency inflows, the scheme helped banks attract $36.7 billion. FCNR(B) deposits surged to $60.55 billion…

The Economic Times

Govt cites global commodity, energy costs for rise in wholesale price inflation

Wholesale price inflation rose to 9.87 percent in June. This increase was largely driven by global commodity and energy costs. The government is actively undertaking measures to control inflation and its impact. Retail inflation has remained below the four percent target for two quarters. India's retail inflation rose to 4.38…

The Economic Times

IEX shares fall 4% after Supreme Court denies hearing market coupling case

Indian Energy Exchange shares declined after the Supreme Court allowed the Central Electricity Regulatory Commission to continue framing regulations on market coupling, while clarifying it had not expressed any view on the merits of the case. The decision keeps regulatory uncertainty alive for the country's largest power exchange.

The Economic Times

The Commonwealth Games escaped extinction but major change is required for salvation

FUTURE OF THE COMMONWEALTH GAMES: The Commonwealth Games were at risk of dying, says James Toney, but Glasgow did enough to raise hope for the future

The Independent UK

Pakistan deploys hundreds of China-made SH-15 155mm howitzers along India border: Report

Pakistan has deployed Chinese SH-15 artillery guns along its India-facing formations. These 155mm guns enhance Pakistan's conventional firepower and artillery modernization efforts. Deliveries of these systems began in 2022, with local manufacturing also acquired. Pakistan also established an Army Rocket Force, expanding its strike capabilities. India continues its own artillery…

The Economic Times

$100 bn in sight: India is rolling in dollars but what about the rupee?

Two months after the RBI launched special measures to attract foreign currency, banks have mobilised over $40 billion, led by FCNR(B) deposits, with economists projecting inflows could reach $100 billion. The programme is aimed at strengthening India's external defences and ensuring dollar liquidity during global volatility, rather than boosting the…

The Economic Times

Will FD investors get higher interest rates as Iran-US war continues and inflation shoots?

Rising inflation and increased credit demand are pushing banks towards higher fixed deposit rates. Banks are also facing competition from small savings schemes and government securities. Deposit growth has slowed while credit demand has climbed significantly in recent months. This widening gap may compel banks to attract more deposits through…

The Economic Times

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Times Life

When a Stepchild Is Asked to Heal Before They Have Finished Grieving Their First Family in India

The ceremony nobody holds for a broken familyThe photograph stays in your school bag for months after the move. Not framed. Not displayed. Folded into the back pocket of a notebook nobody checks, next to a birthday card your father signed before everything changed. When someone dies, there is a…

Times Life

5 Silent Causes of Liver Cirrhosis in Non-Drinkers in India: Fatty Liver, Hepatitis and More

Nonalcoholic Fatty Liver Disease: The Epidemic Nobody Sees ComingNonalcoholic fatty liver disease, NAFLD, is now the most common chronic liver condition in India, affecting an estimated 9 to 32 percent of the general population, according to data published in the Journal of Clinical and Experimental Hepatology. The numbers are worse…

Times Life

Mana Village: What India's Last Inhabited Settlement Before Tibet Teaches You About Solitude

The Road That Ends HereThe sign at the edge of Mana village does not say welcome. It says: last Indian village. That is its entire function, to mark the stop. Beyond it, the road to Tibet rises steeply into restricted territory, and the Saraswati River, which Hindus believe disappears underground…

Times Life

LED Therapy and Indian Skin Tones: What the Research Actually Says About Melanin and Hyperpigmentation

Why Indian Skin Responds Differently to LightIndian skin produces more eumelanin, the dense, photoprotective pigment that sits in the epidermis and absorbs incoming light across a wide spectrum. That melanin is the reason Indian skin tans instead of burning, resists UV damage longer, and ages more slowly than Fitzpatrick I-II…

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Times Life

Indian Paradise Flycatcher: The White Phantom of Forests and What Its Disappearance Means for Wildlife

A Bird Built Like No OtherThe male Indian paradise flycatcher (Terpsiphone paradisi) carries tail feathers that can stretch up to 24 centimetres beyond its body, nearly three times its own torso length. In breeding plumage, the male shifts from a chestnut-and-black form to a white phase so complete it looks…

The Economic Times

KKR-backed LEAP India's IPO opens on August 7; price band set at Rs 151-159

KKR-backed LEAP India will open its Rs 2,480 crore IPO for subscription on August 7, with a price band of Rs 151-159 per share. The issue comprises a Rs 480 crore fresh issue and a Rs 2,000 crore OFS. The company plans to use proceeds to repay debt and for…

The Times of India

'Do not befriend Kaafirs': Pakistani general levels terror allegations against India

Pakistan's military spokesperson made controversial remarks about non-believers and the faithful. He also accused India of using websites and social media for terrorism. Chaudhry alleged that Afghanistan's Taliban regime uses terrorism for its economy and diplomacy. These statements were made during a briefing on counter-terrorism operations. The briefing also covered…

The Economic Times

Govt introduces Indian Statistical Institute Bill in Lok Sabha

The Indian Statistical Institute Bill, 2026 was introduced in the Lok Sabha. This legislation aims to update the institute's legal framework for evolving statistical demands. It seeks to incorporate the Indian Statistical Institute as a body corporate for better governance. The proposed bill will replace the existing Indian Statistical Institute…

The Economic Times

Keto Motors unveils Urbanova KE9, marking its entry into India's commercial electric bus segment

Keto Motors, an emerging commercial electric vehicle manufacturer focused on developing commercial EV solutions for India, has unveiled its first commercial electric bus, the Urbanova KE9, marking its entry into India's electric bus segment. The company also ceremonially handed over the vehicle to its operating partner during the launch event.

The Economic Times

India, Uzbekistan could explore FTA, says Piyush Goyal; Uzbekistan invites Indian investment in mining, rare earths

India and Uzbekistan aim to double bilateral trade to three billion dollars within three years. Businesses are urged to increase investments and explore opportunities in key sectors. India offers strengths in information technology and a skilled workforce for collaboration. Uzbekistan presents opportunities in mining and cotton production for mutual benefit.…

The Economic Times

Explained: What is CAS and what do new stock market timings mean for BSE, NSE traders?

India's stock market has introduced the Closing Auction Session (CAS) for eligible F&O stocks, changing how closing prices are determined and extending derivatives trading. The new framework aims to improve price discovery, curb end-of-day volatility and requires traders to adapt to revised market timings and auction-based closing procedures.

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