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The Latest Breaking News from India

Rupee falls 31 paise to close at 95.67 against US dollar

The rupee depreciated by 31 paise to 95.67 against the US dollar on Wednesday, influenced by proposed US additional duties on Indian imports due to labor violations. Strong dollar demand, rising crude oil prices, geopolitical tensions, and foreign capital outflows further weakened investor sentiment.

The Economic Times

A third language can’t fix schools that can’t deliver the first

Last month, the CBSE issued a circular mandating that Class 9 students study three languages from July 1 – at least two of them Indian, with English demoted to a “foreign language”

Newslaundry

Asia's industrial supercycle is outpacing the West Asia oil shock: Chetan Ahya, Morgan Stanley

A China-driven supply realignment, cutting gas imports by 45% and oil by 30%, has effectively added 7.5 million barrels daily to global markets, neutralising energy price fears. Morgan Stanley's Chetan Ahya argues a broad-based capex boom across AI, energy, defence, and industrial sectors is powering Asian growth, while urging India…

The Economic Times

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Tyre exports at record high of Rs 27,312 cr in FY26 despite supply chain disruptions

Indian tyre exports reached a record Rs 27,312 crore in FY2025-26. The United States remained the top destination. Despite global supply chain issues, the industry saw significant growth. Recent US tariff adjustments provided relief to Indian exporters. Germany, Italy, Brazil, and France were also key markets. The tyre sector's resilience…

The Economic Times

Why Hindus Avoid Looking Back After Cremation

Why do elders insist that we should never look back after a funeral? For many people, it seems like just another tradition passed down through generations. Yet behind this simple act lies a belief that has survived for centuries. According to the Garuda Purana, the journey of a soul does…

MyLifeXP

India's fuel exports fall to lowest since 2022 amid refinery maintenance, domestic demand

India's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particularly at Reliance Industries' Jamnagar complex, reduced processing. Refiners also prioritized domestic demand for LPG, cutting petrol and diesel output for export. Favorable domestic sales and taxes on exports further influenced this trend.…

The Economic Times

Lao PDR deputy PM invites Indian businesses to tap growth opportunities

Lao PDR Deputy Prime Minister Thongsavan Phomvihane visited India seeking strategic partners for his country. He highlighted Lao PDR's political stability and strategic location in Southeast Asia. The visit coincides with 70 years of diplomatic ties between India and Lao PDR. Indian officials emphasized the strong civilizational ties and deep…

The Economic Times

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After CBSE and NTA row, JEE Advanced 2026 data exposure claim by a Dubai-based researcher sparks security debate, institute responds

JEE Advanced 2026: A cybersecurity researcher flagged a publicly accessible cloud storage linked to JEE Advanced 2026 results, potentially exposing candidate names, dates of birth, and mobile numbers. IIT Roorkee acknowledged the configuration issue, assuring data was read-only and is now being secured. This incident adds to recent concerns surrounding…

The Economic Times

RBI unlikely to hike rates despite El Niño and fuel price pressures, says Nomura's Aurodeep Nandi

India's central bank is likely to maintain current interest rates. Despite rising fuel costs and potential monsoon issues, a key inflation measure remains low. Experts suggest firms are absorbing price pressures. The Reserve Bank of India will monitor data before considering any policy changes. Geopolitical risks and future cost pass-throughs…

The Economic Times

West Bengal hands over 32 acres to BSF for Bangladesh border fencing

The West Bengal government has transferred over 31 acres to the Border Security Force for fencing along the India-Bangladesh border. This move addresses a long-standing issue. Land has also been approved for permanent border outposts in several districts. Additionally, 20 acres in Jalpaiguri will be transferred to the forest department…

The Economic Times

India set for $2-billion drone order in biggest buy, industry body says

India is poised to significantly boost its drone capabilities with a potential order exceeding $2 billion from domestic manufacturers this year. This substantial procurement, driven by global and regional conflicts, aims to equip the military with advanced tactical drones within 18-24 months. The move underscores India's commitment to bolstering its…

The Economic Times

Sensex recovers 850 points from day’s low, Nifty closes above 23,400. One big reason behind sharp market rebound!

Indian stock markets staged a strong comeback on Wednesday afternoon. This recovery followed earlier sharp declines. Media reports indicated the government plans to cut taxes and remove ownership caps on certain bonds. This news significantly boosted investor confidence. The Sensex and Nifty recovered most of their morning losses. Foreign investors…

The Economic Times

Ex-Microsoft Employee Quit Tech To Sell Spiced Popcorn — Turning $3,000 Side Hustle Into $1 Million Business

Confusion Snacks, an Indian-American fusion gourmet popcorn brand by ex-Microsoft's Aadit Patel, uses clean ingredients like non-GMO avocado oil. Now at Whole Foods, targeting $1M revenue.

International Business Times UK

Apple agrees to submit India financials in long-pending antitrust case

The case is Apple's most high-profile regulatory headache in India, a key growth market where it has rapidly expanded iPhone production as it diversifies beyond China. The iPhone accounts for 9% of India's smartphone market, from about 2% five years ago, according to Counterpoint Research data.

The Economic Times

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The Economic Times

What steps India has taken to stem pressure on its external balance of payments

India is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have been tightened. Citizens are urged to conserve foreign exchange and reduce fuel consumption. The Reserve Bank of India is curbing currency speculation. These actions aim to…

The Economic Times

Franklin India Dividend Yield Fund turns Rs 10,000 SIP to Rs 1 crore in 20 years, AUM crosses Rs 2,300 crore mark

Franklin India Dividend Yield Fund delivered exceptional returns. A Rs 10,000 monthly investment since inception grew to over Rs 1.2 crore in 20 years. The fund's AUM also crossed Rs 2,300 crore. It follows a dividend yield strategy, investing in companies with consistent payouts. This approach aims for steady compounding…

The Economic Times

Govt weighs tax cuts to boost foreign bond inflows: Report

India is set to boost foreign investment soon. The government plans to cut taxes on global funds investing in Indian bonds. Ownership limits on certain bonds may also be removed. These measures aim to attract more capital. The Reserve Bank of India is expected to allow unlimited access to some…

The Economic Times

FIFA World Cup 2026 live streaming in India: When and where to watch online and on TV; check OTT platform and subscription plans

Indian football fans can now watch the FIFA World Cup 2026 on Zee Entertainment Enterprises Ltd., with all matches available for streaming on Zee5. Traditional TV viewers can tune into the new Unite8 Sports network, ensuring comprehensive coverage across digital and broadcast platforms.

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The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (June 3, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold prices held steady across major Indian jewellers on June 3, 2026, despite global market jitters. However, the IBJA reported a dip in its indicative rates. Geopolitical tensions and potential US interest rate hikes are influencing investor sentiment, while India's tightened silver import rules add another layer to market dynamics.

The Economic Times

Manufactured monopoly: How industrial policy is structuring monopolies in India

India's industrial strategies are shaping a landscape where giant corporations thrive while smaller enterprises struggle to keep up. Policies like tariffs, regulations and quality controls act as gatekeepers, limiting new entrants. This imbalance not only stifles innovation but also poses a challenge to the ambitious vision of a developed India.

The Economic Times

WMO warns of strong El Niño risk; India braces for weaker monsoon, hotter June

The World Meteorological Organization warns of developing El Niño conditions. This raises the risk of global weather disruptions and extreme climate events. India faces concerns of weaker monsoons and higher temperatures. The agriculture ministry is reviewing preparedness for the upcoming season. Farmers are urged to adopt drought-tolerant crops and improve…

The Economic Times

US envoy Sergio Gor to meet Piyush Goyal on trade deal Thursday

India and the United States are nearing a trade deal. US Ambassador Sergio Gor met with Commerce Minister Piyush Goyal to finalize the agreement. Ninety-nine percent of the deal is reportedly settled. Both nations aim for mutually beneficial outcomes. Discussions also cover strategic sectors like artificial intelligence and semiconductors. India…

The Economic Times

Broader markets crash! Physicswallah, Coforge, other small & midcap stocks tumble up to 6%. Do you own?

Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee, and global factors. IT stocks, which had surged previously, saw a sharp selloff, with major players like TCS and Infosys dropping significantly. Analysts point to energy shocks and current account deficit concerns impacting market…

The Economic Times

India's fuel demand outlook hit by price hikes, slowing industrial activity

India's fuel demand growth is set to slow. Price increases for gasoline and diesel are impacting consumers. The trucking sector shows early signs of stress. Analysts predict further price hikes. This slowdown affects global demand. Manufacturing slowdown is reducing truck trips. Fuel sales growth has already moderated.

The Economic Times

China out, India in? The Japanese begin a quiet but powerful pivot

Japanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geopolitical risks reduce China's appeal. Over the past five years, Japanese regional banks have cut their branch presence in China by about 20%, while lending by Japan's three megabanks…

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