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The Latest Breaking News from India

As India Inc’s AI adoption accelerates, data and infrastructure readiness come under spotlight

Priorities for next phase: Real-time decision-making, customer experience, sovereign control over data, and compliance.

The Economic Times

Suraj Hegde, secretary of All India Congress Committee dies

Suraj Hegde, a prominent Congress leader and vice chairman of Karnataka's Guarantee Committee, passed away. He was 55 and succumbed to cardiac arrest. Hegde served as an AICC secretary and former in-charge of the Indian Youth Congress. Several top Congress leaders, including Rahul Gandhi and Mallikarjun Kharge, expressed their deep…

The Economic Times

India bonds slip as US-Iran risks derail post-policy rally

Indian government bonds faced pressure early Monday. Escalating U.S.-Iran tensions pushed oil prices higher. This overshadowed recent supportive measures from the Reserve Bank of India. The central bank had announced steps to boost foreign investment in government securities. Higher oil prices impact India's inflation and current account deficit. Bond yields…

The Economic Times

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Why India cannot let the rupee float

India’s exchange-rate debates often proceed as though the price of the rupee were merely another financial price best left to market correction and macroeconomic adjustment. In theory, a weakening currency performs a useful balancing function.

Newslaundry

AI isn’t just for large enterprises: Xebia's Anand Sahay on why MSMEs could be AI’s biggest winners

As India accelerates its sovereign AI ambitions, the focus is shifting from infrastructure to outcomes, how businesses can harness AI to improve productivity, efficiency, and competitiveness.

The Economic Times

Despite an Amazon offer, techie says applications still end in rejection: Reddit explains how to leverage engineer role for better opportunities

Software engineers with an Amazon India offer are still facing rejections from other tech firms. A Reddit discussion revealed that even a prestigious offer may not guarantee faster callbacks. Professionals suggest using referrals and reaching out directly to recruiters. Highlighting offer deadlines can also accelerate the process in a competitive…

The Economic Times

Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand ahead

Indian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural markets showing strong demand. Two-wheeler sales also increased. Dealers anticipate continued growth driven by monsoon progress and upcoming festivals. Electric vehicle adoption is rising across segments. The industry…

The Economic Times

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What BJP Said About CJP's Delhi Protest Sparked a Huge Debate

A few months ago, almost nobody had heard of the Cockroach Janta Party. Today, it is making headlines, attracting millions of followers online, and organizing protests in the heart of India's capital. What started as a satirical social media movement has suddenly found itself at the center of a national…

MyLifeXP

Rupee falls 17 paise to 95.35 against US dollar in early trade

The Indian rupee weakened by 17 paise to 95.35 against the US dollar in early trade on Monday, influenced by a strong dollar and geopolitical uncertainties. Elevated Brent crude prices, following Iran's missile launches towards Israel, further dented investor sentiment and impacted the rupee's performance.

The Economic Times

Indian envoy Vinay Mohan Kwatra meets senior United States counter-terror official Sebastian Gorka to discuss collaboration to tackle major terror groups

India's Ambassador to the US, Vinay Mohan Kwatra, held discussions with senior US counter-terrorism official Sebastian Gorka. They shared perspectives on global terrorism threats. Cooperation against groups like Al-Qaida, ISIS, Jaish-e-Mohammad, and Lashkar-e-Tayyiba was highlighted. This follows a joint statement from February 2025 between Prime Minister Narendra Modi and US…

The Economic Times

Adani Ports bags 10-year contract for Argentina’s first LNG export project

Adani Ports has secured a significant 10-year contract for Argentina's first liquefied natural gas export project. This deal, worth an estimated $70 million, marks Adani's entry into South America. Commercial operations are set to begin in September 2027. The project is poised to boost Argentina's role as a future LNG…

The Economic Times

The AI play no one is talking about: Why BofA is snapping up power & metals instead of IT

BofA Securities India's Amish Shah advises shifting from IT to infrastructure, citing a 'dangerous gap' in consensus earnings forecasts. He highlights that commodity-driven earnings won't command premium valuations, and warns of potential downside from current market levels. Shah's strategy favors value in financials, growth in data center-linked infrastructure and metals,…

The Economic Times

The farm failures keeping India hooked on imported oil

India meets only 44 percent of its domestic demand for edible oil and spends more than $20 billion a year on imports, a bill that is bound to increase with the war in West Asia disrupting global supply chains and India’s foreign currency reserves under strain.

Newslaundry

Petrol, Diesel prices hiked again on June 8 as crude oil surges? Check latest fuel rates in Delhi, Mumbai, Kolkata and other cities

Petrol, Diesel prices today: Global crude oil prices have surged amid Middle East tensions. However, Indian consumers are not feeling the pinch at the pump. Petrol and diesel prices remain steady across major cities. This stability is due to various factors influencing domestic fuel rates. India has also launched E85…

The Economic Times

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The Economic Times

Gold extends losses on US interest rate-hike fears

Gold prices dipped on Monday, extending previous losses amid U.S. interest rate hike fears. Meanwhile, escalating tensions in the Gulf sent oil prices soaring, fueling inflation concerns. China's central bank continued to increase its gold reserves. Gold demand in India remained subdued due to price volatility. Silver and platinum prices…

The Economic Times

India Inc hikes prices, shrinks packs as Iran war squeezes margins

Indian businesses face mounting pressure from soaring oil, freight, and insurance costs. Companies are increasing prices and reducing product sizes to protect profits. Many are also cutting operational expenses like advertising and travel. Supply chains are being reconfigured to manage disruptions.

The Economic Times

India's cybersecurity talent gap grows as skills prove hard to find

India faces a critical cybersecurity talent shortage, with nearly 39,000 unfilled positions, especially in emerging fields like IoT and blockchain. High attrition rates and increasing cyberattacks exacerbate the issue. New regulations demand greater compliance, while AI alone cannot bridge the gap, highlighting the need for skilled professionals and educational reforms.

The Economic Times

Timing, not talent, holding back Snowflake’s India R&D expansion: Cofounder Benoît Dageville

Snowflake is prioritizing tightly integrated global engineering teams for core product development, impacting its R&D expansion plans in India due to timing and coordination challenges. While India is a growing market and ecosystem hub, the company emphasizes making AI usable across entire organizations, not just isolated pilots.

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The Guardian - UK

‘What if all cockroaches came together?’ The youth movement threatening to shake up India’s politics

Cockroach Janta party began as online joke but is growing into one of the most unexpected challenges to country’s rightwing government

The Times of India

Want UK papers, not mediation, on border issue, clarifies Nepal

NEW DELHI: Nepal has ruled out third-party mediation in the border dispute with India, saying the issue will be resolved through existing diplomatic mechanisms between the two countries. Following Nepal PM Balendra Shah’s remarks last week urging the UK to take an interest in the dispute, India had said there’s…

The Times of India

Bhutan experiences 5.8-magnitude earthquake; tremors felt in parts of Northeast India

NEW DELHI: A magnitude 5.8 earthquake struck Bhutan late on Sunday night, triggering multiple aftershocks and sending tremors across parts of Northeast India, according to the National Centre for Seismology (NCS). The earthquake occurred at 11.06pm IST at a depth of 26km, with its epicentre located in Bhutan.

The Times of India

Anshul Kuncha murder: Police offer $20,000 reward for information leading to arrest in killing Indian man in Philadelphia

Philadelphia police have announced a reward of $20,000 for information leading to an arrest in the killing of Anshul Kuncha, a 28-year-old Indian man from Telangana who was shot dead while delivering a pizza to a vacant property in North Philadelphia.

The Economic Times

Here to win quick commerce, will become market leader in near-term: Samir Kumar, Amazon India chief

Amazon is planning to aggressively expand its 10-minute delivery service, Amazon Now, aiming for market leadership despite moderating quick commerce growth. The ecommerce giant plans to launch in over 100 cities with 1,000 dark stores, emphasising customer experience, wide selection, and speed to compete with rivals like Blinkit and Zepto.

The Economic Times

Reassure homes, not just economy: Why India’s growth feels weaker at household level

The ripples of global disruptions are felt in the everyday lives of Indian families, shaping individual narratives beyond simple data points. Young professionals are increasingly burdened by financial volatility, as soaring education and healthcare costs create a climate of anxiety. Meanwhile, small business owners are treading carefully amid these pressures.

The Economic Times

To bring the world, sell India better: The $200 million fix India needs to unlock a tourism windfall

India's tourism sector faces challenges due to a near-zero overseas marketing budget. This has kept international arrivals below pre-pandemic levels, unlike competitor nations. A strategic investment in digital marketing and deregulation can unlock significant foreign exchange, job creation, and economic growth. India's tourism potential is immense, but it requires activation.

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