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The Latest Breaking News from India

ShareChat, India’s Meta rival, plans $400 million IPO next year

Social media giant ShareChat is gearing up for a potential $400 million IPO next year, marking a significant turnaround after a period of cost-cutting. The company has achieved operational profitability, driven by the booming micro-drama segment on platforms like Moj and QuickTV. With annual revenues exceeding 10 billion rupees and…

The Economic Times

WhatsApp usernames’ India hiccup; Zepto’s unusual legal structure

WhatsApp’s big bet on usernames has hit a regulatory speed bump in India. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Delhi NCR rains: IMD issues red alert for thunderstorms and heavy rainfall

Delhi-NCR weather: The India Meteorological Department (IMD) has issued a red alert for thunderstorms and heavy rainfall across the region, with the southwest monsoon set to advance further into North India, including Punjab, Haryana, and Uttar Pradesh, after bringing a welcome drop in temperatures. Meanwhile, extremely heavy rainfall is also…

The Economic Times

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India vs England T20I: Shreyas Iyer, Abhishek shine with fifties before rain forces match abandonment

Abhishek Sharma's rapid 59 and Shreyas Iyer's steady 68 offered India a glimmer of hope in their T20I opener against England. Despite a rain-abandoned match, their strong batting display, posting 189/7, marked a significant improvement. The duo's partnership and Sharma's quickfire fifty provided a much-needed boost after recent batting struggles,…

The Economic Times

India unlikely to raise inflation target, RBI Governor Sanjay Malhotra says; expects strong growth

India's inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term reduction. He highlighted the success of the current inflation-targeting framework in lowering average inflation. Despite expectations of a rise, inflation remains below the central bank's 4% target, and the economy…

The Economic Times

Sparrow Capital closes third fund at Rs 475 crore, means to write bigger cheques

About 60% of the corpus came from global endowments, foundations, funds of funds, and family offices, and the rest from startup founders, operators, Indian family offices, and high net worth individuals (HNIs). This marks a shift in Sparrow’s LP base, which was largely non-institutional in its earlier vehicles.

The Economic Times

Why CDSCO and BEE have not kept pace with the industries they oversee

CDSCO still faces challenges like chronic understaffing, gaps in technical skills, weak lab infra and fragmented approvals. About a decade back, the organisation was recommended a benchmark of 1 inspector for every 50 manufacturing units. Yet, in end-2023, it carried a strength of barely 200 inspectors against a sanctioned strength…

The Economic Times

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England’s first T20 match against India falls victim to rain in Durham

India posted a competitive 189 for seven, but rain prevented the hosts from having a chance to respond.

The Independent UK

Usernaam ke Vaaste? Some things to consider about the ruckus over WhatsApp introducing usernames

WhatsApp's introduction of usernames, a feature long present in rivals like Telegram and Signal, has sparked debate, particularly in India. While aiming to enhance privacy by obscuring mobile numbers, especially for vulnerable users, concerns about impersonation and scamming persist. The article argues that usernames, when linked to KYC-verified numbers, don't…

The Economic Times

Global Weather Risks Boost Sugar Prices

October NY world sugar #11 (SBV26 ) on Wednesday closed up +0.17 (+1.15%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +8.30 (+1.75%). Sugar prices extended their week-long rally on Wednesday, with NY sugar posting a 7-week high and London sugar posting a 9.75-month nearest-futures high. Sugar...

Barchart

USA vs Bosnia and Herzegovina FIFA World Cup 2026: Match time in India, key players, venue, live streaming, preview, team lineup and other details

USA vs Bosnia and Herzegovina FIFA World Cup 2026 Live Streaming, Match Time, Venue, Predicted Lineup, Key Players, Team News and Match Preview: Co-hosts USA face Bosnia and Herzegovina in a crucial FIFA World Cup 2026 Round of 32 clash on July 2nd at 5:30 AM IST. The Americans topped…

The Economic Times

On This Day in History, July 2: Civil Rights Act signed, Amelia Earhart disappears, Simla Agreement signed, Men in Black premieres and more

On This Day in History, July 2 witnessed landmark moments that shaped politics, civil rights, aviation, literature and international relations. From the Continental Congress advancing American independence and the signing of the Civil Rights Act to Amelia Earhart's disappearance, the Simla Agreement and the opening of the first Walmart, the…

The Economic Times

"Delighted to host you on your first visit": PM Modi welcomes Japanese PM Sanae Takaichi to India

Prime Minister Narendra Modi warmly welcomed Japanese counterpart Sanae Takaichi to India for her inaugural visit. The leaders are set to hold extensive discussions aimed at bolstering the "Special Strategic and Global Partnership." Key topics will include economic and energy security, alongside advancing cooperation in areas like semiconductors, critical minerals,…

The Economic Times

Belgium vs Senegal FIFA World Cup 2026: Match time in India, live streaming and team details

Belgium vs Senegal FIFA World Cup 2026 Round of 32 promises an exciting contest. Check the live streaming and TV telecast details, match time in India, venue information, predicted lineup, key players, team news, head-to-head record and a complete match preview ahead of the knockout clash.

The Economic Times

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The Economic Times

Cut GST on smartphones below Rs 25,000 to 5%: GT Bharat-PWIF report

A new whitepaper suggests a significant GST reduction on smartphones under Rs 25,000 to 5%, while retaining 18% for pricier models. This move aims to boost affordability for first-time and price-sensitive buyers, crucial for Digital India and financial inclusion.

The Economic Times

FIFA World Cup 2026 Today Match Schedule (2 July): India Time, full fixtures, match timings, venues, latest standings and other details

FIFA World Cup 2026 match schedule for 2 July: Football fever grips India as the FIFA World Cup 2026 Round of 32 heats up on July 2. Fans can witness thrilling encounters including Spain vs. Austria and Portugal vs. Croatia. Early morning matches on July 2 feature Belgium vs. Senegal…

Barchart

Sugar Prices Climb on Global Weather Risks

October NY world sugar #11 (SBV26 ) today is up +0.13 (+0.88%), and Aug London ICE white sugar #5 (SWQ26 ) is up +9.30 (+1.96%). Sugar prices extended their week-long rally today, with NY sugar posting a 7-week high and London sugar posting a 9.75-month nearest-futures high. Sugar prices are...

The Economic Times

India urges Pak to expedite release, repatriation of 188 Indian fishermen, civil prisoners

The MEA also said, "As a result of sustained efforts by the government of India, 2,661 Indian fishermen and 78 Indian civil prisoners have been repatriated from Pakistan since 2014. These include 500 Indian fishermen and 20 Indian civil prisoners who have been repatriated from Pakistan since 2023 till date."

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The Economic Times

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

Indian equities rebounded after two sessions of losses, with Sensex rising 444 points and Nifty reclaiming 24,000. Easing geopolitical tensions, trade deal optimism and lower oil prices boosted sentiment, while analysts maintained a bullish outlook above the key 23,800 support.

The Times of India

'Always ready to resolve border issue with India through talks': Nepal foreign minister

Nepal is “always ready” to resolve its border issue with India through diplomatic dialogue, the Himalayan nation’s foreign minister, Shisir Khanal, said on Wednesday.

The Economic Times

Market Trading Guide: TBO Tek among 2 stock recommendations for Thursday

Domestic equities ended higher, supported by positive Asian cues and a sharp drop in crude prices following improved traffic at the Strait of Hormuz, alongside growing expectations of an imminent India–US trade deal.

The Guardian - UK

England v India: first men’s T20 international abandoned due to rain – as it happened

India made 189-7 with Shreyas Iyer and Abhishek Sharma top-scoring but rain prevented any England reply at Durham

The Economic Times

Tel Aviv should build broader alliance from India to US via West Asia: Top Israeli defence official

Israel's top defence official proposed a new regional security architecture, advocating for a broad alliance from India to the US, encompassing West Asia and Europe. This initiative, he stated, is crucial given Iran's military buildup and aims to forge shared interests. A new US-Israel security pact, grounded in mutual interests,…

The Economic Times

FSSAI crackdown on energy drink brands; issues notices to 6 firms including Red Bull, Pepsico

Food Safety and Standards Authority of India (FSSAI) has "issued notices to several beverage brands claiming to be 'energy drinks' for misbranding and misleading claims", the regulator said in a post on social media platform Instagram on Wednesday.

The Economic Times

India initiates anti-dumping probes against five products from China, other nations

The five items are moulded soda-lime glass vials; electric tractors in 6x4 and 4x2 axle configuration in any form; cyanuric chloride; polyethylene terephthalate film above 100 microns; and carbon raiser made anthracite coal.

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