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The Latest Breaking News from India

Sun Pharma Q1 Results: Profit rises 27% YoY to Rs 2,895 crore; revenue climbs 10.5%

Sun Pharma Q1 Results: Sun Pharma reported a 27% YoY rise in Q1 net profit to Rs 2,895 crore, while revenue grew 10% to Rs 15,300 crore, driven by strong performance in India and its innovative medicines business despite weak US formulations sales. EBITDA rose 3% to Rs 4,418 crore.…

The Economic Times

Indian Oil to hire dedicated vessel to ferry LPG cylinders from Sri Vijaya Puram to all islands

Indian Oil Corporation Limited plans a dedicated vessel for LPG supply. This initiative aims to ensure uninterrupted cylinder delivery across remote islands. A five-year contract for transportation is now being sought. The estimated value of this tender stands at Rs 58.90 crore. This will significantly improve essential commodity supply chains…

The Economic Times

Formal retail credit access doubles over past decade

India’s formal retail credit market has expanded sharply over the past decade, with credit access rising from 35% of consumers in 2017 to 74% in 2026, according to TransUnion CIBIL. Consumption-led loans such as personal loans, credit cards and consumer durable loans have driven growth, shifting borrowing from asset purchases…

The Economic Times

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August 2026 Holidays List: Schools, banks & government offices will be closed on these dates

August 2026 Holidays List: August 2026 brings Independence Day, Milad-un-Nabi, and Raksha Bandhan holidays. Schools and banks will close nationwide for Independence Day on August fifteenth. Milad-un-Nabi and Raksha Bandhan will also cause closures in many states. Several state-specific festivals will lead to additional bank holidays across India. Students and…

The Economic Times

Amazon, Flipkart slash fees as battle for smaller cities intensifies

E-commerce giants Amazon and Flipkart are cutting seller fees to expand into smaller Indian cities. This strategy aims to attract more sellers and offer affordable products to consumers. Lower commissions reduce operating costs for merchants, enabling competitive pricing for buyers. Online shopping is rapidly growing in tier two and smaller…

The Economic Times

Who gets faster Internet? India's net world may soon have first class and economy

India is reviewing its net neutrality rules to allow 5G network slicing, a move that could let telecom operators offer premium connectivity with guaranteed speed, latency and reliability. The policy shift could transform industries from healthcare to manufacturing while raising concerns about a two-tier internet where businesses and consumers pay…

The Economic Times

Tata Tops Tesla: Indian EVs Are the World’s Most Efficient

Tata Sierra.ev and Mahindra BE 6 highlight how compact Indian crossovers achieve low Wh/mi on local cycles compared with larger US-market electric vehicles.

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New Toyota Fortuner Is Coming in India : The Biggest Upgrade Yet?

The best-loved Toyota SUV in India has always been the Fortuner, the company is all set to launch an all-new one. After the Hilux has seen the light of day with just minor changes, all eyes are on Toyota's other SUV model to see if it also follows suit with…

MyLifeXP

Sarvam AI plans trillion-parameter model, sets sights on competing with ChatGPT, Gemini and Claude

Sarvam AI plans a trillion-parameter model to rival global AI leaders. The company's existing voice AI is cost-effective and performs well. An office in the US will recruit Indian-origin AI researchers. Sarvam AI aims to manufacture intelligence and achieve technological self-reliance. New products and platforms were unveiled at their developer…

The Economic Times

How private firms are increasingly running India's public examinations

India's public examination system increasingly relies on private firms for various operational aspects. These firms manage centers, infrastructure, security, and manpower for millions of candidates. A new handbook aims to establish standards for service providers and enhance independence. However, the fragmented structure complicates accountability when technical issues or irregularities arise.…

The Economic Times

FIIs cut stakes in 72% of Nifty50 stocks, DIIs buy 82%. Here’s where the money moved

India’s largest stocks are witnessing a major ownership shift as domestic institutions fill the gap left by foreign investors. FIIs cut stakes in 36 Nifty 50 companies, while DIIs raised holdings in 41, taking their index ownership to a record 25.9%. Max Healthcare saw the sharpest change, with FII holdings…

The Economic Times

Air India, SkyDrive, Suzuki sign pact to study eVTOL aircraft use for medical logistics

Air India, SkyDrive, and Suzuki will study eVTOL aircraft for medical logistics. This collaboration aims to address severe traffic congestion in India's major cities. The companies will combine their expertise to develop emergency medical transport solutions. This initiative seeks to improve India's medical infrastructure and reduce critical transit times.

The Economic Times

Calcutta High Court sets up 5 fast-track courts for NEET paper leak cases

Five dedicated fast-track courts have been ordered by the Calcutta High Court. These courts will exclusively try NEET paper leak cases to expedite proceedings. The move aims to address one of India's significant education scandal issues. This development follows nationwide student protests and a push for prosecution in exam fraud.…

The Economic Times

Why did Hockey India change the jersey colour from blue to orange? Why ex-Indian captains are opposing the move

Indian hockey teams will wear saffron jerseys at the upcoming FIH World Cup. This change addresses visibility issues on modern blue synthetic pitches, which caused blending. Saffron was chosen for improved visibility and its representation of courage and national pride. The new kit incorporates cultural and national symbols, including the…

The Economic Times

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The Economic Times

What the ET SME Summit shows about building brand influence in India's MSME economy

The ET SME Summit demonstrates how reputed editorial ecosystems help brands gain credibility, influence decision-makers and create lasting business impact across India's MSME landscape.

The Economic Times

Ashwin backs Bhuvneshwar Kumar for India's 2027 World Cup squad

Ravichandran Ashwin supports Bhuvneshwar Kumar's inclusion in the 2027 World Cup. He believes the veteran pacer will be needed in South Africa. Ashwin also selected Rohit Sharma and Virat Kohli for the squad. Several other players received his endorsement for the team. Some players were uncertain while others were excluded.

The Economic Times

India ready for a premium wealth show while US missiles rattle the world

India's festive shopping season is set to highlight the country's premiumisation boom despite global uncertainty triggered by the US-Iran war. Economists and industry executives say resilient consumer demand, rising household wealth and a rapidly expanding affluent class are driving spending on premium products, from smartphones and luxury homes to automobiles…

The Economic Times

Australia student visa approvals plunge as Indian grants crash 75%

Australia has sharply reduced student visa approvals, with grants to Indian applicants plunging 75% in June 2026 from a year earlier, Times Higher Education reported, citing Department of Home Affairs data. Overall higher education visa approvals fell 16% in 2025-26 despite applications remaining above pre-pandemic levels.

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MyLifeXP

How Assam Shaped India's Greatest Hindu Legends

When we read the Ramayana, Mahabharata, and the Puranas, we often remember the heroes, battles, and miracles. But have you ever wondered where many of these legendary events actually took place? Surprisingly, one place appears again and again in Hindu scriptures under different names. It witnessed Lord Krishna's battles, Lord…

The Economic Times

Kospi’s mammoth 17% surge spells caution for Indian IT stocks. Why TCS, Infosys, others are down up to 5%

Indian IT stocks declined after renewed optimism around global AI and cloud spending after strong earnings from tech giants. Meanwhile, global AI sentiment improved after Microsoft and Amazon reported strong cloud growth, while South Korean chipmakers Samsung and SK Hynix rallied sharply on robust results.

The Economic Times

India among most critical markets: Zoom President of Product and Engineering, Velchamy Sankarlingam

Zoom views India as a vital market due to its large talent pool and innovation. The company is expanding its services and AI adoption within the country. Zoom has established technology and data centers in India to support its operations. They are investing in Zoom Phone and Contact Center solutions…

The Economic Times

US OPT programme explained: How Trump's $100,000 fee could hit international students

A proposed $100,000 fee for international students' work authorization is under consideration. This potential charge could significantly increase post-graduation costs for many students. Indian students, who often pursue STEM degrees, may be most affected by this proposal. The Optional Practical Training program allows graduates to gain valuable industry experience. However,…

The Economic Times

Hyundai Motor India shares rally 7% despite Q1 profit decline. Should you buy, sell or hold?

Hyundai Motor India shares rallied nearly 7% despite reporting a 35% year-on-year decline in June-quarter profit, as the results broadly met analyst expectations. Brokerages remained constructive on the stock, citing production normalisation, new launches, export recovery and long-term growth prospects.

The Economic Times

India doubles down on strategic manufacturing--from semiconductors to hydrogen trains: Finmin Report

India is accelerating a broad-based industrial strategy that spans semiconductors, electronics, commercial space, green mobility, rare earths, shipbuilding and coal gasification, signalling a coordinated push to reduce import dependence, strengthen domestic manufacturing and build resilient supply chains amid an increasingly uncertain global environment.

The Economic Times

Zepto IPO hurdle revives investor interest in Swiggy, Eternal; shares set for best month in years

Swiggy and Eternal shares have rallied sharply in July as investors reassess the competitive landscape following Zepto's IPO valuation reset. Swiggy has gained nearly 24%, marking its best monthly performance since listing, while Eternal is up 17%, its strongest monthly rise in over two years.

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