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The Latest Breaking News from India

Crude at $65, consumption boom, and the Rupee's new shield: Dinshaw Irani's big market calls

India's economic headwinds are easing, with falling crude oil prices and a stabilizing rupee poised to boost the market. Helios Mutual Fund CEO Dinshaw Irani anticipates oil prices dropping to around $65 per barrel, significantly benefiting India. He favors discretionary consumption, especially digital-first companies targeting younger generations, over FMCG. IT…

The Economic Times

Operation Amistad: India dispatches 41 member medical team, relief supplies to earthquake-hit Venezuela

India has launched 'Operation Amistad', dispatching two Indian Air Force C-17 Globemaster aircraft to earthquake-ravaged Venezuela. A 41-member Indian Army medical team, equipped for emergency response and trauma care, is en route, along with six tonnes of humanitarian aid. This includes the advanced, rapidly deployable BHISHM Cube field hospital, underscoring…

The Economic Times

Global giants commit over $90 billion investment in India amid geopolitical uncertainty

Global giants are pouring over USD 90 billion into India, signaling strong confidence in its long-term growth despite global uncertainties. Investments in AI, cloud, and manufacturing highlight India's rise as a key hub for diversified supply chains and digital expansion. Major players like Amazon and Google are significantly boosting their…

The Economic Times

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I can hurt, but I can't win: The reality of India's D2C insurgents

India's new-age consumer brands are rapidly disrupting markets, with revenues soaring. However, a significant challenge persists: while creating a challenger brand is easier, building a large-scale, enduring business remains incredibly difficult. Most brands struggle to cross key revenue milestones, highlighting the immense gap between niche disruption and market dominance. Incumbents'…

The Economic Times

Amazon open to acquisitions in India, says CEO Andy Jassy

Asked whether Amazon would consider acquisitions in the quick commerce space and whether it might invest in homegrown AI companies such as Sarvam AI or Emergent Labs as part of India's sovereign AI push, the CEO said the company would evaluate potential targets based on their technology, customer experience, and…

The Economic Times

Engineering goods exports top US$12.31 billion in May, highest ever monthly exports despite West Asia conflict

We are positive that with the proper guidance of the Government, we will be able to achieve the desired export target of US$ 250 billion by 2030: EEPC India Chairman

The Economic Times

'Cheaper than a gym, but still not selling': Nithin Kamath on why Indians aren't embracing popular weight-loss drugs

Despite rising obesity and affordable generic GLP-1 drugs, India lags in adoption. Nithin Kamath highlights patient retention challenges with weekly injections and conservative doctor prescribing habits as key hurdles. The advent of oral alternatives might boost uptake, suggesting convenience and long-term commitment, rather than price, will drive future acceptance of…

The Economic Times

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Goldman Sachs upgrades India's growth outlook after US-Iran peace deal

Goldman Sachs has raised India's 2026 real GDP growth forecast to 6.8% from 6.5%, citing lower oil prices, easing supply disruptions and resilient domestic demand following the US-Iran peace deal. The brokerage also lifted its FY27 GDP growth estimate to 6.5% from 6.1%, expecting stronger growth, lower inflation, and improved…

The Economic Times

iPhone 16 Price Slashed by Rs 20,000 But There's a Catch

A premium iPhone for less than Rs 60,000 sounds impossible. After all, Apple devices are known for their premium pricing and rarely see major discounts. Yet a surprising deal has suddenly changed the equation. The iPhone 16, which launched at Rs 79,900, is now available with a total benefit of…

MyLifeXP

Including Election Commission chapter in NCERT book is absolutely wrong: TMC's Saugata Roy

A TMC MP has strongly criticized the inclusion of praise for the Election Commission in an NCERT Class 9 textbook, deeming it 'absolutely wrong.' The textbook lauded India's electoral process as 'unparalleled' and highlighted the ECI's efforts to ensure impartiality despite challenges like misinformation and intimidation. The MP's objection stems…

The Economic Times

He helped create India's first Made-in-India supersonic missile system: Meet Padma awardee Dr Chandramouli Gaddamanugu, who started with two-member team in 1983 and went on to build Akash, that later starred in Op Sindoor

Dr Chandramouli Gaddamanugu was a key figure behind Akash, India’s first indigenous supersonic surface-to-air missile system. Over more than three decades at DRDO, he worked across design, testing, integration and production, helping take the programme from a small research effort to active service with the Indian Army and Air Force.

The Economic Times

'India-Israel FTA may be signed in very near future': Israel Embassy's Economic Division head Ofir Amami

India and Israel are discussing a Free Trade Agreement (FTA) covering goods and services, and the agreement could be signed in the near future as both countries seek to deepen economic cooperation and strengthen bilateral trade ties, Ofir Amami, Head of Economic and Commercial Mission at the Embassy of Israel,…

The Economic Times

Rounak shocks world number six Tien Chen to make quarters at US Open

Young Indian shuttler Rounak Chouhan stunned world number six Chou Tien Chen at the US Open, winning in straight games. The 18-year-old's impressive performance secured his quarterfinal spot. Meanwhile, Tanvi Sharma, Rakshitha Sree, and Devika Sihag also advanced in the women's singles, with Kidambi Srikanth completing a successful day for…

The Economic Times

Government officially names, for the first time, 6 Indian military personnel killed in Operation Sindoor

For the first time, the government has officially named six Indian soldiers, including five from the Army and one from the Air Force, who died during Operation Sindoor. Their names are now on the National War Memorial's Roll of Honour, marking the first formal acknowledgement of casualties from the May…

The Economic Times

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The Economic Times

World MSME Day: Global trade risks weigh on MSMEs; industry seeks competitiveness-focused reforms

Indian MSMEs are urging a policy overhaul to boost global competitiveness, citing challenges from geopolitical shifts and supply chain disruptions. Industry leaders emphasise the critical need for easier access to finance, technology, and markets, alongside faster payments.

The Economic Times

How Tour Times is redefining organised group travel in India

India's domestic tourism is booming, with organized group travel, especially religious pilgrimages and corporate events, leading the charge. This surge highlights a critical need for specialized, end-to-end group travel management. Companies like Tour Times are stepping in, offering comprehensive solutions beyond mere bookings to create managed experiences for diverse institutional…

The Economic Times

Anand Mahindra’s ‘Compassion Dividend’ idea: What if 1 crore Indians gave ₹100 a week?

Anand Mahindra champions a 'compassion dividend,' urging Indians to embrace collective generosity beyond business leaders. He envisions millions of small acts of kindness, like paying it forward with modest donations or meals, creating a transformative impact. Highlighting the potential, he noted that even a fraction of income-tax filers contributing regularly…

The Economic Times

India swings to premium on price retreat; China demand muted

Indian gold markets are seeing a premium return after a price dip, with buyers cautiously re-entering despite affordability concerns. This revival is fueled by falling international prices and a strengthening rupee. Meanwhile, China's physical demand for gold has noticeably weakened, with jewellery sales and household caution impacting the market, though…

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The Economic Times

Chocolate, juice, noodles, tofu, protein powder, cooking oil, water & more under FSSAI action; Here's which brands were called out for misleading claims

India's food regulator, FSSAI, has cracked down on numerous food businesses for making misleading claims on product packaging. Companies are facing notices for unsubstantiated health, nutrition, and disease-related statements, alongside labelling violations. These actions aim to protect consumers from deceptive marketing practices and ensure accurate product information reaches the public.

The Economic Times

World MSME Day: What India’s recent FTAs and trade deals mean for MSMEs

While FTAs have opened global markets for MSMEs, experts say future deals should be designed more carefully to help small firms compete at home and abroad.

The Economic Times

Indians stand shoulder to shoulder with Venezuelans: Cong condoles loss of lives in twin quakes

India's Congress party has expressed deep sorrow over the devastating twin earthquakes in Venezuela, offering heartfelt condolences to victims and their families. The party emphasized India's solidarity with Venezuela during this tragic time, pledging humanitarian aid and full support for recovery efforts. Congress president Mallikarjun Kharge conveyed profound grief, highlighting…

Newslaundry

The burden of belonging: India’s unresolved citizenship question

Nearly 79 years after Independence, India continues to struggle with a basic question: Who is an Indian citizen?

The Economic Times

Cotton duty or competitiveness? The bigger challenge facing India’s $190 billion textile industry

The government’s temporary import duty relief may ease pressure on mills and exporters, but industry experts say deeper problems in productivity, fibre quality, and competitiveness continue to weigh on India’s cotton value chain.

The Economic Times

Tata Motors CV acquisition delay won't dent long-term gains: Sudip Bandyopadhyay

Tata Motors' acquisition of Iveco's commercial vehicle business is delayed until September 2026, a move market expert Sudip Bandyopadhyay finds "disappointing" but still sees as a "fantastic leap up." The deal promises a seamless product range and global expansion. Meanwhile, the Indian auto sector anticipates a monsoon-driven boost, with Maruti…

The Economic Times

Meet Kondragunta Mahalakshmamma: The 94-year-old Andhra woman who gave up US citizenship to 'die as an Indian'

A 94-year-old Andhra Pradesh woman, Kondragunta Mahalakshmamma, has renounced her US citizenship to reclaim her Indian nationality. Her heartfelt plea to district authorities, captured in a viral video, expresses her dying wish to live and be laid to rest in her homeland. Having lived in the US for years, she…

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