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The Latest Breaking News from India

India's trade deficit pressures could persist through 2026 as electronics imports surge, export outlook stays fragile

Indias trade deficit faces pressure in coming months. Elevated crude prices and supply disruptions impact exports. A potential global demand slowdown adds to concerns. Rupee depreciation may offer some support. A recent hike in bullion import duty could provide near-term relief to the deficit. Electronics deficit reached an all-time high.

The Economic Times

India must push solar, grid reforms to navigate oil price rise: Ex-NITI Aayog member Arvind Virmani

The Economic Times

FTAs, lower import duties, better business environment to boost net FDI flows: ADB chief economist

Foreign investment in India needs a boost. ADB Chief Economist Albert Park suggests free trade agreements and lower import tariffs. Strengthening manufacturing infrastructure and urban planning will attract more capital. Higher oil prices are expected to persist, impacting India's GDP growth and inflation. Reforms are ongoing, and continued momentum is…

The Economic Times

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Great Nicobar project a recipe for ecological disaster: Jairam Ramesh to Defence minister

Congress leader Jairam Ramesh has alerted Defence Minister Rajnath Singh about the Great Nicobar Island Project. He states the project in its current form is a recipe for ecological disaster. Ramesh suggests alternative measures proposed by naval officers to strengthen India's defence. These alternatives would cause less damage to the…

The Economic Times

IAF’s made-in-India C-295 ready for flight trials, deputy air chief inspects aircraft at Tata-Airbus Vadodara facility

India's defense manufacturing takes a leap forward. The first domestically assembled Airbus C-295 aircraft is now ready for its flight test. This milestone was achieved at the Tata-Airbus facility in Vadodara. The project is a significant part of the Make in India initiative. India has become the largest customer for…

The Economic Times

Rejected by US visa, welcomed by NASA: Meet Dr. Anand Megalingam, a tractor driver's son, who built one of India’s rising space-tech cos

Dr. Anand Megalingam's journey from a rural Indian village to NASA-linked aerospace programs highlights resilience and innovation. Despite early struggles and a denied US visa, he founded Space Zone India, achieving breakthroughs with reusable rockets like RHUMI-H and RHUMI-1. His international recognition underscores India's growing private space sector.

The Economic Times

India and Netherlands ink 17 pacts, elevate ties to strategic partnership

India and the Netherlands have forged a strategic partnership, signing 17 agreements to enhance collaboration. Discussions focused on defense, critical minerals, and global trade disruptions. Both nations emphasized freedom of navigation and a peaceful Indo-Pacific. Cooperation will expand in green hydrogen, semiconductors, and defense manufacturing. Bilateral trade and investment are…

The Economic Times

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North America, NE Asia, Latin America account for over 35 pc of India's exports in FY26

India's exports reached USD 441.78 billion in 2025-26. North America, North-East Asia, and Latin America together accounted for over 35 percent. Exports grew significantly in Asia, Africa, and Latin America. North-East Asia saw a surge of 21.6 percent. Indian exporters penetrated 1,821 new principal commodity products. Advanced engineering and industrial…

The Economic Times

'Knelt before America, surrendered India': Nishikant Dubey alleges Congress 'handed over' Sir Creek, Siachen to Pakistan on US orders

BJP MP Nishikant Dubey has accused the previous Congress government of compromising India's sovereignty. He alleges that under the guise of a civil nuclear agreement, the government surrendered Sir Creek and Siachen to Pakistan. These claims are made in relation to the 2006 Mumbai train blasts. Official records present a…

The Economic Times

Tata Steel Q4 net more than doubles on India strength, Europe recovery

Tata Steel reported a sharp rise in March quarter earnings, with net profit more than doubling on strong India performance and improving European operations. Annual profit also surged. However, the company flagged rising cost pressures from West Asia tensions and ongoing regulatory challenges in Europe impacting its overseas business.

The Economic Times

FPIs pull out Rs 27,000 cr in May; 2026 outflows hit Rs 2.2 lakh cr-mark

Himanshu Srivastava, Principal - Manager Research at Morningstar Investment Research India, said the latest outflow trend reflected persistent uncertainty surrounding global growth, elevated geopolitical tensions across key regions and volatility in crude oil prices, which continued to weigh on risk appetite towards emerging markets, including India.

The Economic Times

"Provides very good opportunity to take stock of relationship": India envoy on PM Modi's historic visit to Norway

Prime Minister Narendra Modi's visit to Norway, the first in 43 years, aims to assess bilateral ties and explore new opportunities under the India-EFTA-TEPA agreement. The visit, amidst global uncertainty, will also see participation in the 3rd India-Nordic Summit, focusing on sustainable development and boosting bilateral trade and investment.

The Economic Times

'Huge potential, not fully tapped yet': Indian envoy highlights India-Norway cooperation ahead of PM Modi visit

India and Norway are poised for enhanced cooperation across maritime, green technology, space, and healthcare sectors, according to Ambassador Gloria Gangte. Ahead of Prime Minister Modi's visit, several agreements are anticipated, boosting bilateral trade and investments. The trip also includes the India-Nordic Summit, focusing on strategic dialogue amidst global uncertainties.

The Economic Times

UCIL to extract uranium from Hindustan Copper's tailings, to set up recovery plant in Jharkhand: CMD

Uranium Corporation of India will establish a new plant in Jharkhand. This facility will extract uranium from waste materials produced by Hindustan Copper. The move aims to boost India's domestic uranium supply for nuclear power and defense. This initiative will convert waste into a valuable resource. It also supports India's…

The Economic Times

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The Economic Times

From axles to rare earth: India draws up list of 100 products it still can't make enough of

India is set to boost its manufacturing sector by identifying around 100 products for domestic production. This initiative aims to reduce reliance on imports and enhance global competitiveness. The government is also streamlining foreign investment approvals and expanding trade agreements.

The Economic Times

India's Rs 1.7 lakh crore fuel crisis may have found an unlikely fix

India faces high energy import costs and a weakening ₹. A Monaco company, FOWE Eco Solutions, presents a water-based fuel emulsion technology. This innovation promises major fuel savings and emission reductions for Indian industries. The technology requires no engine modification or plant shutdowns. Trials in India show promising results for…

The Guardian - UK

‘It’s no longer exceptional’: Karachi struggles under brutal new reality of extreme heat

Experts say the unseasonably hot weather across south Asia shows the impact of the climate crisis

The Economic Times

Marshall Islands-flagged LPG tanker Symi arrives at Kandla Port after crossing Strait of Hormuz

The arrival of the LPG shipment comes amid heightened international attention on maritime traffic through the Strait of Hormuz, a critical global energy transit route connecting the Persian Gulf with international shipping lanes.

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The Economic Times

Is petrol cheaper in Bhutan than India? Here’s the truth

A viral social media video falsely claims petrol is cheaper in Bhutan than in India. The Press Information Bureau (PIB) has debunked this, stating the video is old and shared out of context to spread misinformation. Recent fuel price hikes in India and comparisons with neighboring countries highlight the misleading…

The Economic Times

Will Nifty, Sensex extend losses on Monday? These 5 factors will drive D-Street action this week

Indian markets ended the week sharply lower amid a record rupee slide, surging oil prices and weak global cues. Investors remain cautious as geopolitical tensions, rising US bond yields and foreign outflows weigh on sentiment. The coming week is expected to be volatile, with macro triggers likely to dictate D-Street…

The Economic Times

India scrambles to steady rupee as oil shock bites

India is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten to disrupt the world's fastest-growing major economy. The depreciation has punctured India's ambition to become the world's third-largest economy.

The Economic Times

Bengal government gives nod for handover of seven national highway stretches to NHAI, NHIDCL

West Bengal has given in-principle approval to transfer seven national highway stretches to central agencies. This move clears the way for long-pending infrastructure development works. The National Highways Authority of India and the National Highways and Infrastructure Development Corporation Ltd will now undertake these projects. These developments will significantly improve…

The Economic Times

India missed out on AI, and now its run as market darling may be over

India's stock market faces a significant downturn as global investment shifts towards AI. Foreign investors are leaving, impacting market value. The country's IT sector, a major driver of past success, is now vulnerable to AI automation. This presents a critical juncture for India's economic future and its position in global…

The Economic Times

India's demand-side push could build USD 37.8 billion forex shield as high oil prices threaten fiscal stability: Brickwork Ratings

With crude prices likely to stay above USD 100 per barrel for the rest of 2026 and the rupee under pressure near INR 95/USD, Brickwork Ratings says Prime Minister Modi's seven behavioural appeals could provide India with a USD 37.8 billion forex buffer this fiscal year. The report argues that…

The Economic Times

What running a business in India actually looks like: Nightmare of CEOs these days is conversion of commercial disputes into criminal cases

A corporate crisis manager describes how business disputes in India are increasingly turning into criminal cases, exposing executives to arrests, FIRs and jail even in routine commercial disagreements. He recounts the case of a German joint venture where tensions between foreign executives and Indian partners led to allegations of fraud.

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