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The Latest Breaking News from India

FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?

FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. This move allows banks to offer higher interest rates to Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs). An NRI may now earn an additional $1,277 on…

The Economic Times

University education system is outdated worldwide: EAC Sanjeev Sanyal at 'India Global Innovation Connect 2026'

University education systems globally are outdated. Sajeev Sanyal, an Economic Advisory Council to the Prime Minister member, stated this at India Global Innovation Connect 2026. He called for an academic system that merges education with skilling. Knowledge is now freely available, making the old model of accumulating knowledge for a…

The Economic Times

A new IPO frenzy: Why is Bharat making a beeline for bourses?

Retail chains from smaller Indian towns are planning to raise over Rs 7,000 crore through IPOs. These companies see capital markets as a fast route to fund expansion into growing markets beyond metros. This trend reflects a structural shift in consumption patterns, with emerging Bharat becoming a durable engine of…

The Economic Times

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Six months on, National Sports Awards still await nod

India's sporting community faces an unusual delay in the National Sports Awards. The Sports Ministry cites a re-evaluation of Arjuna awardees. This halt in procedure frustrates athletes, impacting morale. The traditional August 29 ceremony date has shifted, adding to the uncertainty. Recommendations were made months ago, but an official announcement…

The Economic Times

To win the deep-tech race, India needs ‘General Innovation Rules’

India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new 'General Innovation Rules' regime is proposed. This will adopt a portfolio approach for high-risk research. It will redefine public benefit to include private actors. Milestone-based disbursements and multi-year commitments will be key.…

The Economic Times

Gurnoor Brar: Gentle giant who took up cricket at 17 and got picked for India at 26

Sukhbir Singh Brar, a Punjab Police ASI, supported his son Gurnoor's cricket dreams. Gurnoor, a tall pacer, has been selected for India's Test and ODI squads. His father recounts Gurnoor's late start in cricket and his dedication. Gurnoor's impressive performances led to his national call-up. His father expresses immense pride…

The Economic Times

President Droupadi Murmu writes to PM Narendra Modi; says India witnessed significant transformations during his tenure

President Droupadi Murmu has congratulated Prime Minister Narendra Modi on his record-breaking tenure. She noted significant transformations across India during his time in office. The President highlighted his focus on the poor, farmers, and the middle class. She also praised his attention to eastern and north-eastern regions. Modi's journey from…

The Economic Times

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Some lenders hike rates on FX deposits for non-resident Indians

Indian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 350 basis points. This move follows the Reserve Bank of India's decision to bear hedging costs for longer-term deposits, aiming to attract dollar inflows and support the rupee. Several major lenders have…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (June 10, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold and silver prices saw a decline on Wednesday, June 10, 2026, as major Indian retailers reduced rates. This drop is attributed to heightened global uncertainty stemming from Middle East geopolitical tensions and shifting US interest rate expectations.

The Economic Times

India counters US Section 301 probe claims of surplus capacity in textiles, steel

India is pushing back against US allegations of excess production capacity in textiles and steel. Government officials argue that domestic output closely matches local demand, driven by India's large population and growing consumption. Industry bodies like TEXPROCIL also reject these claims, highlighting that over 80% of textile production serves the…

The Economic Times

India Women vs England Women Live Streaming: Predicted playing XI, pitch report, weather forecast and who holds edge in today's match in Cardiff?

India Women vs England Women predicted playing 11: India Women and England Women will compete in an important warm-up match before the ICC Women's T20 World Cup 2026. Both teams aim to refine strategies and build momentum. India enters with a win against West Indies, while England seeks to recover…

The Economic Times

Realme P4R 5G launched in India: Check price, offers, battery life and other features

Realme has launched the P4R 5G in India, featuring a massive 8,000mAh battery and a MediaTek Dimensity 6300 processor. The device boasts a 50MP AI camera, a 6.8-inch 144Hz display, and 45W fast charging, aiming for extended battery life and gaming performance. It also includes advanced cooling and AI features.

The Economic Times

India-based entities among firms targeted in EU's proposed 21st Russia sanctions package

The European Union is proposing new sanctions against Russia. These measures could affect companies in India and other nations. The EU aims to stop support for Russia's war efforts. Restrictions will target technology and materials crucial for Russia's defense. New designations will also impact Russia's drone sector. The EU seeks…

The Economic Times

'Look to create new opportunities for our nations, peoples': Giorgia Meloni wishes PM Modi on 12-year tenure

Italian Prime Minister Giorgia Meloni congratulated Narendra Modi on becoming India's longest-serving elected Prime Minister. She recalled their recent meeting in Rome and the launch of a Special Strategic Partnership. European Council Chief Antonio Costa also extended wishes. Prime Minister Modi completed 12 years at the helm of the Central…

The Economic Times

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The Economic Times

Rupee to average around 96/USD in FY27; risks from oil, dollar persist: Motilal Oswal

The Indian rupee is projected to average around 96 against the US dollar in FY27. However, this outlook faces potential challenges including dollar strength and crude oil price fluctuations. Despite a widening trade deficit, strong capital inflows and RBI intervention are expected to prevent a sharp depreciation.

The Independent UK

Air India crash victim’s remains wrongly sent to UK under different name

IN FULL

The Economic Times

India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI Report

India's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's external position. These steps aim to strengthen the Rupee and attract foreign capital. This could lead to a balance of payments surplus for FY27. Inflows are expected to boost foreign…

The Economic Times

BFSI’s new trust economy: Why privacy is the quietest driver of growth

With India's DPDP framework taking shape, forward-looking financial institutions are turning privacy into a competitive advantage with support from HabileLabs.

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The Economic Times

India-Oman trade pact to open huge export opportunities for labour-intensive sectors: Experts

India and Oman's new trade pact unlocks significant export potential for sectors like textiles, gems, and marine products. This agreement also strengthens services and mobility links. Experts highlight its role in enhancing India's energy security and supply chain resilience. The pact provides duty-free access for most Indian exports to Oman,…

The Economic Times

Union Cabinet passes resolution lauding PM Modi for becoming the longest-serving elected PM

The Union Cabinet on Wednesday passed a resolution applauding Prime Minister Narendra Modi for becoming the longest-serving elected PM for consecutive terms, as he completed 4,399 days in the office.

The Economic Times

CJI Surya Kant intervenes after retired Bombay HC judge receives threats linked to Dawoodi Bohra verdict

Chief Justice of India Surya Kant is addressing threats made against retired Bombay High Court judge Justice Gautam Patel. These threats are linked to a 2024 judgment concerning the Dawoodi Bohra community leadership. Justice Patel's daughter in London received a threatening letter. The Indian High Commissioner to the UK has…

The Economic Times

How Sensex, Nifty rallied 200% under PM Modi's record-breaking tenure

Indian equity markets delivered strong long-term returns during Prime Minister Narendra Modi’s tenure, with the Sensex and Nifty gaining around 200% since 2014. Metals emerged as the top-performing sector, while midcaps significantly outperformed broader indices, highlighting sustained wealth creation despite market cycles and evolving economic conditions.

The Economic Times

India's exporters built a $420 billion services economy. This is the award they deserve.

The Payoneer India Cross-Border Excellence Awards 2026 offer Indian exporters the most consequential opportunity to get recognised this year. Here’s why it matters, and why you should not let it pass.

Newslaundry

4,399 days of Modi: Ministers and media join the aarti

On June 10, India achieved what every civilisation secretly dreams of: day number 4,399.

The Economic Times

BYD to launch its hybrid SUV based on DM-i Hybrid tech with driving range of more than 1,200km in India: Check details

BYD India is set to launch its first plug-in hybrid SUV, the Seal U, later this year, featuring the company's electric-first DM-i technology. This innovative platform promises a combined driving range exceeding 1,200 kilometers, aiming to ease consumer transition to electric mobility. The company sees strong EV demand, boosted by…

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