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The Latest Breaking News from India

Are gifts given to NRIs by relatives taxable? Here's what you need to know about income tax and FEMA rules

NRIs receiving gifts from resident Indians face varying tax implications. Gifts from specified relatives are fully exempt from Indian income tax. Non-relative gifts exceeding fifty thousand rupees become taxable income. FEMA rules also govern the transfer of money and assets. Proper documentation is essential for both taxable and exempt gifts.

The Economic Times

IMD Weather Today, July 25: Gujarat, Delhi-NCR, Rajasthan, Mumbai, Himachal, Uttarakhand, Punjab, MP, Odisha and Northeast brace for heavy rain, thunderstorms as active monsoon intensifies

Weather Today, July 25: The India Meteorological Department forecasts heavy to very heavy rainfall across many Indian states. Gujarat expects the most intense showers, while other regions will experience thunderstorms and strong winds. Active monsoon conditions are driven by a low-pressure system over Rajasthan and Madhya Pradesh. Delhi-NCR and Mumbai…

The Economic Times

Saturday bank holiday: Are banks open or closed today on July 25, 2026?

Banks across India will remain closed on Saturday? Reserve Bank of India guidelines mandate banks close on second and fourth Saturdays. Digital banking services will remain accessible for customers throughout the day. However, certain transactions will require a visit to a bank branch.

The Economic Times

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India vs US: Where should US-based NRIs invest their money?

US-based NRIs should align investments with future financial needs and currency. Future expenses should guide asset allocation decisions for these investors. India investments offer diversification while US assets match dollar liabilities. Investors should hold assets in the currency of their future liabilities. This approach ensures financial goals align with investment…

The Economic Times

‘I will die for this cause’: how India’s cockroach meme became the biggest challenge to Modi’s grip on power

Prime minister’s propaganda machine falters as fiercely secular youth protests reclaim nationalism

The Guardian - UK

Sugar Prices Close Mildly Higher Ahead of the Weekend

October NY world sugar #11 (SBV26 ) on Friday closed up +0.08 (+0.54%), and October London ICE white sugar #5 (SWV26 ) closed up +1.00 (0.22%). Sugar prices on Friday closed mildly higher on a slightly weaker dollar and on some pre-weekend short-covering after posting a 1-week low earlier in...

Barchart

Look at them look at you: For a low-privacy, low-consent society like India, AI glasses pose risks that outweigh benefits

AI glasses are emerging as a new computing platform for companies like Meta. These devices continuously capture audio and images, raising privacy concerns for wearers and bystanders. Indians' pragmatic approach to privacy makes the market especially attractive for these intrusive technologies. While offering benefits, AI glasses could lead to widespread…

The Economic Times

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Why US' Russia act need not worry India

The proposed US Sanctioning Russia Act, which could impose tariffs on major buyers of Russian oil and gas, may have limited chances of becoming law. The bill could impact India and China, but political hurdles, waiver provisions and opposition within the Trump administration may slow its progress. India is advised…

The Economic Times

Indian-American doctor speaks out after viral video sparks 'go back to India' abuse over bindi

An Indian-American doctor has spoken out after receiving a wave of racist comments online over a video in which she wore a bindi, saying she was stunned by the level of anti-Indian abuse directed at her despite being born and raised in the United States.

The Times of India

All 28 Indian crew safe after tanker attacked in Iranian waters: Indian Embassy in Tehran

All 28 Indian crew members aboard the LPG tanker Disha are safe following an attack. The Indian Embassy in Tehran confirmed their well-being and is monitoring the situation closely. External Affairs Minister S Jaishankar stressed that attacks on seafarers are unacceptable. India's maritime administration advised against deploying seafarers in the…

The Economic Times

"Will see deeper engagement": India, Romania to deepen defence cooperation in drones, aerospace

India and Romania are set to deepen their partnership, with cooperation expected to expand in areas such as drone technology, aerospace, defence manufacturing and industrial collaboration, the Ministry of External Affairs (MEA) said on Friday following President Droupadi Murmu's State Visit to Romania from July 23-25.

The Economic Times

Weather tomorrow, July 25: Check IMD forecast as Gujarat faces heavy to very heavy rain; Delhi, Rajasthan among states on alert

Heavy rainfall is forecast across India over the next few days. Gujarat expects the heaviest showers, while Rajasthan will also see significant rain. Delhi-NCR and northeastern states will experience widespread showers with thunderstorms. Active monsoon conditions are attributed to a low-pressure area and cyclonic circulations. Residents in vulnerable areas should…

The Economic Times

Indian seafarer killed in Black Sea attack on commercial vessel; MEA condemns strike

One Indian national died after a commercial vessel was attacked in the Black Sea. Two other Indian crew members aboard the MV Omorfi are reported to be safe. The vessel was transiting reported Russian territorial waters when the incident occurred on July eighteenth. India condemned the attack, citing threats to…

The Economic Times

Sugar Prices Trade on a Weak Note as Oil Prices Fall

October NY world sugar #11 (SBV26 ) today is unchanged, and October London ICE white sugar #5 (SWV26 ) closed down -0.70 (-0.15%). Sugar prices are trading on a weak note as WTI crude oil (CLQ26 ) fell -4%, giving back much of Thursday’s rally of +6.17%. Today’s fall in...

Barchart

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The Economic Times

President Murmu conferred honorary doctorate by Bucharest University of Economic Studies

President Droupadi Murmu was conferred an honorary doctorate by the Bucharest University of Economic Studies (BUES) during her state visit to Romania. Accepting the university's highest academic honour, Murmu dedicated the recognition to the people of India and highlighted education as the most transformative force in her life.

International Business Times UK

Russia Forced to Import Petrol From India After Ukrainian Drone Strikes Cripple Domestic Refineries

Russia's fuel crisis is forcing Putin to turn to India for petrol, but Moscow's growing demand could intensify competition with Iran for scarce non-Western fuel supplies.

The Economic Times

India's premium coffee boom: How the brew is becoming a lifestyle, not just a beverage

Premium coffee is becoming a lifestyle symbol across India. Consumer expectations are shifting towards quality and personalized experiences. Tier-2 and Tier-3 cities are now driving significant industry growth. Technology is transforming coffee businesses for better efficiency and consistency. This evolving market presents both opportunities and challenges for businesses.

The Economic Times

AI is changing college admissions and placements: How to pick the right engineering degree for the AI era

Artificial intelligence is reshaping Indian engineering education and career expectations. Traditional college admission formulas are now being challenged by AI's rapid integration. Employers seek graduates with AI skills and practical problem-solving abilities. Colleges must update curricula and foster industry partnerships for future relevance. Students need continuous learning and AI literacy…

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The Economic Times

Commonwealth Games 2026: India beat South Africa in Lawn Bowls women's pairs event to notch second win on trot

India continued their impressive start in the Commonwealth Games Lawn Bowls Women's Pairs event by defeating South Africa 2-0 (6-4, 7-5) to register their second successive win. The Indian duo of Rupa Rani Tirkey and Pinki Singh now lead Section B after following up their opening victory over Malta with…

The Economic Times

"Hope to continue to build relationships": MEA reaffirms Saudi strategic ties after NSA Doval's Riyadh visit

India reaffirmed its commitment to strengthening strategic ties with Saudi Arabia. National Security Advisor Ajit Doval recently visited Riyadh for high-level discussions. They reviewed bilateral relations and explored ways to enhance their strategic partnership. Discussions also covered regional stability and energy security cooperation between the two nations. These engagements underscore…

The Economic Times

India viewed as fair jurisdiction where international commercial disputes resolved efficiently: CJI

Speaking at an international conference organised by the Supreme Court and the Ministry of External Affairs to commemorate the 60th anniversary of the United Nations Commission on International Trade Law (UNCITRAL), the CJI lauded its efforts in shaping the legal architecture upon which contemporary international trade now rests.

The Economic Times

India, Pakistan get direct quarter-final entry in Asian Games cricket

India, Pakistan, Sri Lanka and Bangladesh have been handed a direct entry into the men's knockouts of the Asian Games cricket after the draw was announced. Bangladesh will take on China, Sri Lanka clash with Malaysia, and Pakistan play Thailand.

The Times of India

Musk’s race to the top: Meet my Indian family

Billionaire Elon Musk denies racism, citing his Indian partner and son's name. He claims his companies employ diverse executives, demonstrating no prejudice. Critics argue his public statements amplify far-right narratives on immigration and demographics. Musk defends his views as advocating secure borders and safe cities. However, his rhetoric on immigration…

The Times of India

Saudi money, Chinese weapons, American patronage: Can Pakistan balance all three?

Pakistan pursues a complex foreign policy balancing China and Saudi Arabia. It also seeks to rebuild ties with Donald Trump's administration. Islamabad attempts to mediate between Washington and Tehran during regional crises. This diplomatic outreach occurs despite significant domestic economic and security issues. Sustaining these ambitions depends on internal stability…

Medical Daily

CDC Closes Moringa Leaf Powder Salmonella Outbreak After 131 Illnesses in 38 States

The CDC closed the moringa leaf powder Salmonella outbreak on July 22, 2026, after 131 illnesses in 38 states. Recalled products may still be in your home. Here is what to check and discard.

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