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The Latest Breaking News from India

Consumer sector beats expectations but faces commodity crunch from Q2, warns BofA Securities

India's consumer and retail sector saw a strong first half of FY26. GST cuts and a favorable base effect boosted consumption. However, rising input costs from West Asia and monsoon uncertainty now pose risks. The second quarter of FY26 is a critical point as low-cost inventory depletes. Rural demand sentiment…

The Economic Times

Exclusive | Is the India story over for FIIs? BofA says investors don't want to miss what's next

India's global equity market capitalization ranking has dropped to seventh as foreign investors shift focus to AI opportunities in Taiwan and South Korea. Despite this, genuine excitement for India's long-term economic potential remains, with investors preparing for its eventual resurgence.

The Economic Times

India weather update: Southwest monsoon enters Kerala today; Delhi-NCR brace for light rain, thunderstorms and gusty winds

The southwest monsoon has officially arrived in Kerala, bringing widespread rainfall and thunderstorms to southern India. The India Meteorological Department forecasts significant rain across several states, including Kerala and Coastal Karnataka, while Delhi and surrounding regions also brace for unsettled weather. The monsoon's progress is crucial for agriculture and water…

The Economic Times

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Petrol, Diesel Price Today: Has India seen another hike on June 4? Check fuel rates in Delhi, Mumbai, Gurgaon, Chennai and other cities

Petrol, Diesel Price Today: Fuel prices held steady across India on June 4, offering consumers a brief respite. However, rising global crude oil prices, nearing $95 per barrel, are fueling speculation about potential hikes. Such an increase could significantly impact household budgets, transportation costs, and overall inflation, making future fuel…

The Economic Times

Why Amazon has struggled to crack India

Amazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as local competitors like Flipkart and Reliance Retail gain significant ground. Amazon faces challenges adapting to India's market complexities and regulatory environment. The company is re-evaluating its investments and operational…

The Economic Times

Why This Modi-Trump Meeting Could Change More Than Trade

The world is watching France. Not because of a major conflict or economic crisis, but because two of the world's most influential leaders may soon find themselves in the same room. Prime Minister Narendra Modi and US President Donald Trump have not met in person since February 2025. Since then,…

MyLifeXP

Ola’s valuation crashes 99%; Snapchat India ad push

Happy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Dispatch.

The Economic Times

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Delhi hotel blaze kills 21, including 12 foreigners

NEW DELHI - ⁠The Delhi government will launch a crackdown on properties violating fire safety norms after ‌a fire at a hotel in the Indian capital killed 21 people on Wednesday, including 12 foreign nationals, the chief minister’s office said.

Bangkok Post

PixelSky invests Rs 40-45 crore in biofuels firm GPS Renewables

PixelSky Capital, backed by IndigoEdge and Yumlane founder Hitesh Ahuja, has invested Rs 40-45 crore in waste-to-energy firm GPS Renewables. The company builds compressed biogas plants, aligning with India's energy security goals. PixelSky aims for a final close of its Rs 400 crore Fund-I by July.

The Economic Times

Indian VCs expand US footprint to tap AI boom early

Indian tech investors are increasingly establishing a presence in the US, particularly in the Bay Area, to tap into the booming AI sector. This strategic move aims to foster closer relationships with innovative startups and secure a competitive edge in a market dominated by AI advancements.

The Economic Times

Peak XV in talks to back Ringg AI as voice AI gains attention: Sources

Peak XV Partners is reportedly leading a $10 million funding round for Bengaluru-based voice AI startup Ringg AI, highlighting investor enthusiasm for the technology. This move underscores the growing recognition of voice AI beyond call centers, with investors now segmenting the market into various applications. The trend signals a significant…

The Economic Times

Indian cyber, telecom, banking & finance firms get access to Mythos; IT left out

Several Indian organisations in cyber, telecom, finance and banking have gained early access to Anthropic's advanced Claude Mythos AI model. The govt is actively working to expand this access, with select public entities, including CERT-In, set to receive previews. This initiative aims to bolster cybersecurity for India's critical infrastructure.

The Economic Times

Briton jailed in India after his wedding asks Foreign Secretary to help secure release

‘I’m stuck in a broken country with a broken judicial system,’ Jagtar Singh Johal said to the Foreign Secretary

The Independent UK

Briton jailed in India tells Foreign Secretary he is ‘stuck in broken country’

Jagtar Singh Johal, from Dumbarton, was arrested by Indian authorities in 2017 just weeks after his wedding, and has been detained there ever since.

Evening Standard

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The Economic Times

Life Advice of the Day by the 'Missile Man of India' Dr. A.P.J. Abdul Kalam: 'Dream, Dream, Dream...' – The incredible power of turning thoughts into action

Dr. A.P.J. Abdul Kalam, India's "People's President" and "Missile Man," inspired millions with his life advice: "Dream, dream, dream. Dreams transform into thoughts and thoughts result in action." His journey from humble beginnings to a respected scientist and leader exemplified turning aspirations into tangible achievements through dedication and hard work.

MarketBeat

Coke's $10B India IPO Plan Pops the Top on Hidden Value

The Coca-Cola Company plans to spin off its Indian bottling unit to unlock massive latent equity value and drive long-term structural margin expansion.

Fortune

These Fortune 500 companies are bigger than most national economies—here's where they'd rank as countries

Some companies on the Fortune 500 list rank even higher than national economies. Nvidia would be the fourth largest economy were it a country.

International Business Times

East-West Leadership Lessons for a Volatile World

While China is in the East, it is not representative of all the East. China is different from Taiwan, which is a democracy, and neither of them is the same as India.

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The Economic Times

'Hero will benefit if fuel efficiency is top of mind': Hero MotoCorp CEO

Hero MotoCorp reports no domestic demand slump despite global challenges. The company is aggressively expanding its operations. CEO Harshavardhan Chitale expresses confidence in India's economic resilience. Hero MotoCorp is focusing on growing segments like scooters, premium motorcycles, and electric vehicles. Significant capital expenditure is planned for capacity expansion and new…

Barchart

Sugar Prices Retreat as the Dollar Strengthens

July NY world sugar #11 (SBN26 ) on Wednesday closed down -0.14 (-0.97%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -1.00 (-0.22%). Sugar prices gave up an early advance on Wednesday and settled lower. NY sugar slipped from a 1-week high on Wednesday, and London sugar...

The Economic Times

Snapchat’s India advertiser base jumps 10-fold in just two years: Pulkit Trivedi

Snapchat has significantly expanded its advertiser base in India tenfold over the past two years, with a threefold increase in recurring advertisers. This growth highlights India's crucial role in Snap's global strategy, as the platform aims to monetise its largest user market.

The Economic Times

Is India's 1991 economic model dead? Why 'reforms' aren't enough & the state must step in

India faces economic headwinds from global events and domestic investor wariness. The traditional reform model is no longer sufficient. Strategic sectors like energy and green tech need state intervention. This involves public investment and risk absorption. New models can emerge, moving beyond past PSU issues. Intelligent state intervention is key…

The Economic Times

Harvard MBA but no job: How this Indian techie eventually landed at Google with visa clock ticking down

An Indian graduate from Harvard Business School, Abhijay Vuyyuru, shares his difficult job search. He graduated without an offer and faced visa pressures. Vuyyuru utilized networking extensively to secure a product manager position at Google. His journey highlights the importance of connections in the competitive US job market. He now…

The Economic Times

India-Oman trade pact creates strong export push for India's textile MSMEs: Govt

India's textile and apparel sector is poised for significant growth in Oman following the India-Oman Comprehensive Economic Partnership Agreement (CEPA). The pact grants immediate duty-free access on 945 textile and apparel lines, eliminating a 5% MFN duty. This move is expected to boost India's exports, valued at $95.

The Economic Times

'Doctors have BMWs, Audis': IIT engineer, who got laid off by a American big tech company, says MBBS is the only AI-proof career left in India; doctors fire back

An IIT graduate's claim that medicine is India's safest career is sparking debate. He argues AI and tech layoffs make doctor jobs more secure. While some agree healthcare is insulated, others highlight the demanding medical education and early career struggles. This reflects growing anxiety among tech professionals as AI reshapes…

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