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The Latest Breaking News from India

US Judge Calls DOJ’s Decision to Drop Charges Against India’s Richest Man ‘Concerning’ as Court Dismisses Bribery Case

On Monday, a U.S. judge dismissed criminal charges against India’s richest man, Gautam Adani, but questioned the unusual process through which the Justice Department decided to abandon the high-profile bribery and fraud case.

Benzinga

Indian bonds skid as crude soars, Treasuries fall

Early Tuesday saw a drop in Indian government bonds, reflecting a broader selloff in US Treasury markets. The rise in crude prices has reignited concerns over inflation, thus influencing market attitudes. Traders are now looking towards key economic figures from both India and the US to inform their views on…

The Economic Times

L&T plans to manufacture rare-earth magnets in India to challenge China’s dominance

Larsen & Toubro is planning to bid for India’s incentives to manufacture rare-earth magnets domestically, people familiar with the matter said. The move would mark a new business for the engineering giant as India seeks to reduce dependence on China, which controls about 90% of global rare-earth magnet production.

The Economic Times

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'Start companies while in school': Skyroot CEO Pawan Chandana’s advice to Gen Z & Gen Alpha on taking risks, choosing deep tech and building early

Skyroot Aerospace's CEO, Pawan Chandana, calls on young innovators to initiate bold projects in vital sectors such as space and defense. Following the groundbreaking launch of Vikram-1, the country's first privately built rocket, the company is concentrating on repeatable launch strategies and the creation of Vikram-2. Looking ahead, they aim…

The Economic Times

These Five Sacred Temples Prove That Shiva's Divine Presence Has Never Left India

Kedarnath: The Mountain Does Not Care If You BelieveYou arrive at Kedarnath after sixteen kilometres of altitude that strips everything from you, your comfort, your breath, your sense of what your body can do. The stone shrine sits at 3,583 metres, surrounded by peaks that have no interest in human…

Times Life

Five Jyotirlinga Temples Across India Where Shiva's Presence Still Stops You Cold

Kashi Vishwanath, VaranasiYou will smell the marigolds before you see the spire. Kashi Vishwanath sits inside the old city's warren of lanes so narrow that two people with bags cannot pass each other without turning sideways, and by the time you reach the sanctum you have already been jostled, blessed,…

Times Life

Jupiter Wagons shares rise 4% after Rs 211 crore order wins, Rs 400 crore BESS project

Jupiter Wagons marked a notable surge in share prices due to securing significant contracts for freight wagons and energy storage solutions. With orders exceeding Rs 211 crore from the JSW Group and OASPL, alongside two battery energy storage initiatives worth Rs 400 crore, the company aims to bolster its market…

The Economic Times

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India's power demand seen rising 6.5-7.5% this fiscal as hotter, drier weather boosts cooling needs: Crisil

India's power demand is estimated to rise 6.5-7.5 per cent year-on-year this fiscal to 1,825-1,835 billion units (BU), driven mainly by higher cooling requirements amid expectations of higher temperatures and lower rainfall due to El Nino conditions, according to a report by Crisil Intelligence.

The Economic Times

Australia’s Go8 universities step up India outreach: Nearly 2,500 students engage

Australian Group of Eight universities recently engaged nearly twenty-five thousand Indian students. This multi-city outreach program provided direct information on undergraduate studies in Australia. Students and parents learned about admissions, scholarships, and academic pathways offered. College Board and Austrade supported the initiative to clarify overseas education options. The program aimed…

The Economic Times

Independence Day 2026 Red Fort Tickets: How to book seat online for August 15 celebrations

Independence Day 2026 Red Fort seat booking: India will celebrate its 80th Independence Day at Delhi's Red Fort on August 15, 2026. Check where to book Red Fort tickets online, the Aamantran portal, seating details and important entry instructions.

The Economic Times

Vaibhav Sooryavanshi begins Duleep Trophy prep after stellar Zimbabwe tour

Vaibhav Sooryavanshi is preparing for the new domestic season after a successful Zimbabwe tour. He was named vice-captain for the upcoming Duleep Trophy, marking a significant career step. Sooryavanshi will open the innings alongside Abhimanyu Easwaran in the tournament. The Duleep Trophy commences on August 23 with an East Zone…

The Economic Times

How should my NRI children disclose gifts received from relatives in ITR-2?

ET Wealth Reader's Query: My two NRI children are unable to find a field in ITR-2 to disclose gifts received from relatives. The Income Tax department has also not responded to the grievance lodged on its portal regarding this issue. Kindly guide us on how such gifts should be reported…

The Economic Times

Indofast, GLIDA to set up 100+ battery-swapping stations across India

Indofast Energy and GLIDA will co-locate battery swapping stations at charging sites. They aim to establish fifty sites with over one hundred swapping stations. This collaboration creates integrated EV energy destinations for users. Delivery riders and fleet operators will benefit from quick battery swaps. The partnership accelerates Indofast Energy's network…

The Economic Times

RBI Governor Malhotra outlines which Indian banks will win the AI era

RBI Governor Sanjay Malhotra said banks that succeed in the AI era will be those that understand the technology they deploy and maintain clear accountability for its outcomes, rather than simply adopting AI faster. Speaking at FIBAC 2026, he said AI will reshape risk assessment, customer service, capital pricing and…

The Economic Times

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The Guardian - UK

‘The payment is small and the paths are steep’: the women saving India’s remotest people from polio

Shameema and Tanzeela trek for miles in summer heat to vaccinate children in Kashmir’s highlands as part of a vast national programme

The Independent UK

US court dismisses criminal charges against Indian billionaire Gautam Adani

US judge says Justice Department’s decision to drop charges against Indian billionaire ‘highly unusual’

MyLifeXP

Who Watched the Mahabharata War From Start to Finish?

The Mahabharata war is one of the greatest stories in Indian tradition. But here is a question that can stop any mythology lover: Who actually witnessed the great battle of Kurukshetra? A popular belief says that three famous figures had a special connection with the war: Sanjaya, Barbarika and Lord…

The Economic Times

Nifty price-to-book valuation hits pre-Covid level. Why the index is still not cheap

Nifty's price-to-book ratio has dipped below three for the first time in years, highlighting a significant shift. Despite this, earnings remain at high valuations, suggesting minimal potential for multiple expansions. Future advancement in the market will depend more on profit enhancements instead of valuation adjustments. India's economic outlook looks promising,…

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The Economic Times

Cement, bricks and AI: India's $650-billion real estate industry has a new formula

Artificial intelligence is transforming India's real estate sector beyond customer interactions. Developers now use AI for crucial decisions on building and project management. This technology promises faster launches and increased workforce productivity for companies. AI also enhances consumer experiences with smart home features and predictive maintenance.

The Economic Times

Indian-origin CFO gets four-month jail term, fine for bribing surgeons

An Indian-origin chief financial officer received a four-month jail sentence. Aditya Humad was convicted for bribing surgeons with sham consulting fees. This scheme aimed to promote the use of specific spinal implant products. The company gained millions in revenue from these influenced surgeries. Authorities recovered over four million dollars from…

The Economic Times

Dhoot, Milky Mist or Molbio? What should investors pick in Rs 7,000 crore IPO rush this week

This week, India's IPO market shines brightly as five firms successfully raise over Rs 7,000 crore. Analysts highlight Dhoot Transmission and Molbio Diagnostics as the leading choices for savvy investors. Milky Mist Dairy Food stands out as a reliable option for branded food consumption, while Shiprocket presents an intriguing digital…

The Economic Times

FCNR (B) FD premature withdrawal rules: Check penalty and interest rate rules of HDFC Bank, SBI, ICICI Bank, Axis Bank, Kotak Mahindra Bank

FCNR(B) deposits serve as a reliable investment option for NRIs wishing to secure foreign earnings in India. Penalties can differ across institutions, so it's essential to consult individual bank policies before considering any withdrawals.

The Economic Times

Surya Grahan 2026 August 12 solar eclipse time in India: Check sutak time, where it will be visibile and do’s and don’ts

Surya Grahan 2026 Time in India: Surya Grahan 2026 will occur on August 12, but the total solar eclipse will not be visible in India. Check the eclipse timing in IST, visibility across the world, Sutak Kaal status in India and the key do’s and don’ts for safely viewing a…

The Economic Times

Raymond Lifestyle eyes Europe for 25% of exports, cuts US dependence

Raymond Lifestyle expects Europe to contribute up to 25% of its exports within two years as the apparel maker reduces reliance on the US amid shifting tariff policies. CEO Satyaki Ghosh said European inquiries have risen after India’s trade deals, while new customers and expanded production capacity are supporting growth.

The Economic Times

Lalithaa Jewellery Mart IPO price band fixed at Rs 190-201 for Rs 1,700 crore IPO; issue opens on August 17

Lalithaa Jewellery Mart has set the price band for its Rs 1,700-crore IPO at Rs 190-201 per share. The issue comprises a Rs 1,200-crore fresh issue and a Rs 500-crore OFS by promoter Kiran Kumar Jain. With 61 stores across southern India and a strong presence in Tier II and…

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