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The Latest Breaking News from India

CCI okays Blackstone, other investors' proposal to acquire stake in AI firm Neysa Networks

India's competition regulator CCI has approved a deal. Blackstone-backed funds and other investors will acquire a stake in Neysa Networks. This AI acceleration cloud provider recently raised $1.2 billion. Neysa is set to scale up its operations. The company plans to deploy over 20,000 GPUs in India. This move supports…

The Economic Times

Meet Helle Lyng, the Norwegian journalist who asked Modi why he avoids the press

Helle Lyng Svendsen, a Norwegian journalist at Dagsavisen, had no idea that a single question directed at Prime Minister Narendra Modi would ignite a storm in India. But she asked anyway: “Prime Minister Modi, why don’t you take some questions from the freest press in the world?”

Newslaundry

India-Estonia ties growing stronger in tech, startups, global diplomacy: Foreign Minister Tsahkna

Estonia's Foreign Minister Margus Tsahkna sees strong potential in India-Estonia digital cooperation. He noted advancements in technology, AI, and cybersecurity. Tsahkna also urged India to increase diplomatic pressure on Russia. This could help bring peace to Europe amid the ongoing conflict. Estonia welcomes Indian companies and sees itself as a…

The Economic Times

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APY pension calculator: How to get Rs 1,000-Rs 5,000 monthly pension under Atal Pension Yojana

The Atal Pension Yojana provides a secure future with guaranteed monthly pensions. Indian citizens aged 18 to 40 can enroll. Contributions ensure a pension of Rs 1,000 to Rs 5,000 from age 60. The scheme offers continued benefits to spouses and nominees in case of subscriber death. This government-backed initiative…

The Economic Times

'PM Modi will again weep, fold his hands': Rahul Gandhi says will not apologise for 'traitor' remark

Rahul Gandhi warns of an impending economic storm hitting India. He criticizes Prime Minister Narendra Modi for inaction amid the West Asia conflict. Gandhi predicts Modi will face national hardship upon his return. He reiterates past warnings about demonetization and COVID-19. Gandhi also reaffirms his 'traitor' remarks against Modi and…

The Economic Times

AI shift forces skills rethink at India tech hubs, Kimberly-Clark executive says

India's offshore centers are seeing a major shift in hiring. Companies now prioritize domain and product skills over coding. AI tools are handling routine programming, leading to a focus on experienced workers. Kimberly-Clark is retraining its staff. Graduates need domain knowledge alongside technical skills for these evolving roles.

The Economic Times

Aditya Birla Grp to invest Rs 3,080 cr in fin services arm, IFC to pump Rs 920 cr

Aditya Birla Capital is raising Rs 4,000 crore for future growth. The Aditya Birla Group will invest Rs 3,080 crore and IFC will invest Rs 980 crore. This capital infusion will fund growth objectives, including lending and investments. The company aims to expand access to financing for entrepreneurs and businesses.…

The Economic Times

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Dr Reddy's launches oral semaglutide biosimilar Obeda in India

Dr. Reddy's Laboratories proudly presents Obeda, a groundbreaking oral semaglutide biosimilar for managing Type 2 diabetes in India. This innovative treatment offers patients the ease of a once-daily oral dosage, available in various strengths to effectively enhance glycaemic control. Dr.

The Economic Times

Edible oil industry body calls for boosting output, adopting modern farming amid West Asia crisis

India's edible oil imports are a significant economic concern. The Solvent Extractors' Association of India urges increased domestic oilseed production and smarter consumption. These steps are vital for national economic and strategic resilience. The industry seeks policy support to navigate global disruptions and currency fluctuations. Focusing on self-sufficiency offers a…

The Economic Times

India bonds gain on foreign-bank buying as oil cools

The benchmark 6.48% 2035 bond yield dipped 3.4 basis points to end at 7.0761%, easing ‌the most in ⁠two weeks. ⁠Bond yields move inversely to prices.

The Economic Times

India, South Korea sign pact in key areas of defence cooperation

India and South Korea have strengthened their defence ties. MoUs were signed in key areas like defence cyber, training, and UN peacekeeping cooperation. Defence Ministers Rajnath Singh and Ahn Gyu-back held extensive discussions in Seoul. They reviewed existing cooperation and explored expansion in industry, maritime security, and emerging technologies. Both…

The Economic Times

'100% confident that Tejas Mk1A will be delivered this year': Defence Production Secy Sanjeev Kumar

Secretary of Defence Production Sanjeev Kumar expressed 100% confidence in the Indian Air Force receiving Tejas Mark 1A fighter jets this financial year, despite delays. He cited engine supply issues from GE Aerospace and ongoing development as reasons, assuring that 90% of the aircraft is ready and integration of weapons…

The Economic Times

China is cutting emissions even faster than promised and may already have peaked, study shows

Asian economic giant currently emits twice as much annually as any other nation, making its trajectory one of the most consequential variables in global climate projections

The Independent UK

India's infrastructure output grows 1.7% in April; cement, steel, electricity lift core sectors

India's core infrastructure output saw a 1.7% growth in April 2026. Cement, steel, and electricity production expanded strongly. However, coal, crude oil, natural gas, refinery products, and fertilisers experienced contractions. For the full fiscal year 2025-26, cumulative growth reached 2.7%.

The Economic Times

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The Economic Times

ITC Infotech and InsureMO partner to bring AI-driven insurance modernisation to West Asia, Africa, and India

Alliance combines ITC Infotech's agentic AI framework with InsureMO's over 2,500 insurance APIs, enabling carriers to deploy intelligent automation without replacing core systems

The Economic Times

Sell 100 grams of gold to help India; Feroze Azeez makes the case

Feroze Azeez urges Indian households to sell 2-4% of their idle gold, valued at $4 trillion, to curb excessive imports. He frames this as financial patriotism, highlighting that selling gold near historic peaks is smart profit booking. This initiative aims to reduce the $75 billion annual import bill and bolster…

The Economic Times

Tailift Group introduces intelligent sheet metal processing solutions to the Indian market

Tailift Group has established TLF INDIA MACHINERY SOLUTIONS PRIVATE LIMITED as its Indian sales and service center, enhancing local support for its metal sheet processing equipment. This strategic move, backed by over 50 years of experience and a global network, aims to bolster Tailift's presence and offer advanced smart manufacturing…

The Economic Times

PM Modi, Italy's Meloni script new chapter with ‘Special Strategic Partnership’; push defence, trade cooperation

India and Italy have elevated their relationship to a Special Strategic Partnership. Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni announced a roadmap for cooperation. This includes defence, innovation, manufacturing, logistics, and maritime sectors. The leaders emphasized growing strategic convergence and expanding defence ties. They also plan to…

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The Economic Times

PM Modi calls on Italian President Mattarella, reviews bilateral ties

Prime Minister Narendra Modi met with Italian President Sergio Mattarella. They discussed expanding the India-Italy partnership. Key areas include trade, technology, clean energy, and culture. Both nations aim to boost bilateral trade significantly. Discussions also covered AI, critical minerals, space, and nuclear energy. The Indian diaspora in Italy is the…

The Economic Times

India needs to raise R&D spending to 2 pc of GDP by 2035 to boost manufacturing: Report

India's manufacturing growth is hampered by low R&D spending, currently at 0.6% of GDP, a report highlights. To boost its manufacturing share, India aims to increase R&D expenditure to 2% by 2035, requiring greater private sector involvement and stronger innovation ecosystems. This transition to innovation-driven manufacturing is crucial for long-term…

The Economic Times

FIIs won't return to Indian markets in a hurry; only 3 triggers may bring them back: Amar K Ambani

Foreign institutional investors (FIIs) are unlikely to return to Indian equities soon due to structural and cyclical forces, including modest dollar returns and the AI revolution favoring other markets. FIIs may only re-enter if valuations hit rock bottom, IPO activity surges, or global markets become overheated, making India an attractive…

The Economic Times

Huge potential to boost food, beverages exports to UAE: TPCI

India’s food and beverage exports to the UAE are poised for major growth, with current shipments valued at USD 3.6 billion compared to the UAE’s total imports of USD 22 billion. Holding a 10 percent market share, India is emerging as a trusted supplier of quality food products to the…

The Economic Times

AI helping India's engineering hubs generate IP faster, Daimler Truck executive says

Indian engineering hubs for global firms are accelerating intellectual property generation and mitigating supply chain risks, according to a Daimler Truck executive. AI is further speeding up innovation and engineering work, as companies increasingly rely on local hubs for product development. This trend is also influencing hiring, with a growing…

The Economic Times

Inside India’s biggest banking and financial services tech hubs

Standard Chartered plans to cut over 7,000 jobs in four years, replacing human capital with technology, particularly impacting back-office roles in India. This move aligns with a broader trend of financial firms leveraging AI and tech hubs in India for both support and higher-value functions, though some, like Wells Fargo,…

The Economic Times

NCDEX launches India’s first weather derivatives contract based on Mumbai rainfall

NCDEX has announced India’s first SEBI-approved exchange-traded weather derivatives contract, “RAINMUMBAI”, aimed at helping market participants hedge risks arising from monsoon rainfall fluctuations. The contract, based on IMD rainfall data and developed with IIT Bombay, seeks to create a regulated framework for managing climate-linked financial risks across sectors.

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