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The Latest Breaking News from India

Alkem Labs shares in focus as Goldman, Morgan Stanley, others purchase stake in Rs 930-crore block deal

Shares of Alkem Laboratories will be in focus after block deals worth around Rs 930 crore saw 17.88 lakh shares traded at Rs 5,200 apiece on Tuesday. Promoter-linked entities offloaded their stake, while domestic mutual funds and foreign institutional investors emerged as key buyers, signalling strong institutional participation. The company…

The Economic Times

AI, data centre boom powers these 9 stocks up to 477% in 2026. Can you still join the party?

India's data centre industry is experiencing a multi-year growth phase, fueled by digitalization, cloud adoption, and AI demand. This surge is driving significant gains in companies linked to data centre infrastructure, power, and hardware, with analysts suggesting the rally has further room to run.

The Economic Times

IndiGo shares fall as airline halts Manchester flights amid soaring operational costs

IndiGo shares fell after it temporarily suspended its flights to Manchester from August 31 due to extended airspace restrictions and soaring operational costs. This decision will see one of its leased Boeing 787-9 Dreamliners returned. Despite strong passenger demand, longer flight times and escalating expenses forced the airline's hand, though…

The Economic Times

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US India trade relations: USTR reveals Section 301 findings, proposes 12.5% additional tariffs on imports from New Delhi & others

US tariffs on India: The US Trade Representative has initiated a significant proposal for additional tariffs targeting India and 53 other nations, driven by findings related to forced labor practices in production. This development is a crucial aspect of the ongoing trade negotiations between India and the US. In response,…

The Economic Times

Want to exchange old gold for new jewellery? Beware of these taxes

Indians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-value gold transactions, including large cash deposits or unexplained sources of funds. Proper documentation is crucial to avoid scrutiny and penalties, especially when dealing with inherited, gifted, or imported…

The Economic Times

Weather update: Kerala braces for monsoon arrival as IMD issues orange alerts; Delhi-NCR set for rain and thunderstorms

The southwest monsoon is set to arrive in Kerala around June 4, bringing very heavy rainfall and orange alerts for several districts. Meanwhile, Delhi-NCR will experience light rain, thunderstorms, and gusty winds through June 5, offering relief from the summer heat. This monsoon season is crucial for India's agriculture and…

The Economic Times

How YouTube Teachers Crushed India’s Coaching Empire

For decades, cracking India's toughest exams seemed impossible without joining a famous coaching institute. Students left their homes, moved to crowded coaching hubs, and families spent lakhs of rupees chasing a dream. Success appeared locked behind classroom walls. Then something unexpected happened. A teacher with a smartphone could suddenly reach…

MyLifeXP

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Nexus, Rainmatter invest Rs 225 crore in Agilitas Sports

Agilitas Sports secured Rs 225 crore from Nexus Venture Partners and Rainmatter. This funding will fuel expansion in manufacturing, brands, and offline retail. The company is building a full-stack sportswear ecosystem. It acquired Mochiko Shoes and launched Lotto and One8 brands. Agilitas is also growing its multi-brand retail format, Sportsyard.

The Economic Times

PCB makers seek 50% price hike as Iran war crushes supply chains

Domestic PCB manufacturers are demanding a 45-50% price increase and duty exemptions for imported components due to escalating production costs driven by the West Asia conflict. The India Printed Circuit Association warns that localization efforts in the $7.27 billion market will stall if manufacturers continue to absorb losses, with input…

The Economic Times

India leading the pack in AI adoption: Microsoft’s Puneet Chandok

India is leading Copilot's rapid adoption, with a 250% year-on-year growth in deployment. Major IT firms like Infosys, TCS, and Wipro are scaling licenses to over 100,000 employees each, signalling a shift towards AI as an operating model. Banking and manufacturing industries in India are also deploying agents in a…

The Economic Times

Captain fit to lead England at Women's T20 World Cup

Nat Sciver-Brunt has overcome a calf injury and will lead England when the Women's T20 World Cup kicks off this month.

AAP

Capsey and Knight’s mighty partnership guides England to T20 series win over India

England pulled off a statement run chase against India at Taunton, reaching their target of 181 with nine balls to spare thanks to a brilliant 137-run partnership between Alice Capsey and Heather Knight

The Guardian - UK

Alice Capsey inspires England to record run chase to seal series win over India

Capsey plundered 82 runs off 42 balls in a destructive innings that included nine fours and three sixes.

The Independent UK

Indian man to be deported from New Zealand after being caught in underage sex ring, says he would face stigma back home

An Indian man, Nishanth Parakudiyil Prahladan, faces deportation from New Zealand after he pleaded guilty to having sought sex from a 13-year-old girl whom he thought was 19. The 25-year-old migrant worker contacted the girl in 2023 once and paid $250. He messaged and attempted to call the girl again…

The Times of India

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The Times of India

Jailed Agusta middleman’s son calls for his release; questions additional charges, cites Nirav Modi case

Christian Michel's son, Alois, urges India to release his father, citing the AgustaWestland case and comparing it to Nirav Modi's extradition. He argues Michel has served maximum time for bribery and additional charges violate India's Extradition Act. The family seeks UK government intervention, while London assures consular support and engagement…

The Economic Times

War shifts 80% of India's diesel exports to Africa

India's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change happened as demand from Asia and Europe weakened. Geopolitical tensions also reshaped global diesel trade flows. Higher refinery operations in Asia reduced import needs. Europe received no diesel, while…

The Economic Times

Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titans

Foreign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national champions, a move that may deter foreign investors seeking predictability and fair play. While some Indian firms show global competitiveness, others risk inefficiency. The nation navigates a complex path, seeking…

The Economic Times

Why India should rethink its opposition to WTO plurilateral deals

The 14th WTO ministerial conference highlighted a divide between multilateralism and plurilateralism. India advocates for multilateralism but faces a changing global trade landscape. The article suggests India should strategically engage with plurilateral agreements. This engagement should focus on MFN-based, open plurilaterals housed within the WTO. Such an approach allows India…

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The Times of India

Good news for Indian travelers: No transit visa required for layover at airports in Germany

Germany announced that Indian nationals will no longer require a transit visa when traveling to another country with a layover at a German airport. The new rule come into effect on June 3. "This implements a result if Federal Chancellor Friedrich Merz's trip to India in January of this year.…

Barchart

Sugar Prices Retreat on Ample Global Supplies

July NY world sugar #11 (SBN26 ) on Tuesday closed down -0.07 (-0.48%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -4.20 (-0.93%). Sugar prices settled lower on Tuesday on the outlook for ample global supplies. Last Wednesday, Unica reported that 2026/27 Brazil Center-South sugar production in...

The Guardian - US

Cricket Canada suspended over allegations of gang-linked corruption

ICC’s decision comes amid growing concerns the team is being influenced by members of a notorious gang in India

AAP

Recorded Future Announces Strategic Partnership with Wipro to Deliver AI-Powered Threat Intelligence at Global Enterprise Scale

BOSTON and BENGALURU, India, June 3, 2026 /PRNewswire/ -- Recorded Future, the world's largest threat intelligence company, today announced a strategic partnership with Wipro Limited, a leading AI-powered technology services and consulting company, to expand intelligence-led cybersecurity services for global enterprises. Together, the companies will launch a Managed Threat Intelligence…

The Economic Times

Time to walk and cycle the talk: Unsafe roads and broken footpaths are worsening India’s obesity crisis

Commuting in Indian urban centers is riddled with obstacles, where inadequate sidewalks and hazardous road conditions push people towards cars, resulting in a rise in lifestyle-related health problems. Interestingly, a large number of city trips could easily be made by foot or bike, yet the lack of safe pathways keeps…

The Economic Times

Would like to end sanctions waivers on Russian oil: Rubio

The United States aims to stop waivers allowing countries to buy Russian oil. These waivers were temporary measures to boost global supply. Secretary of State Marco Rubio stated the waivers are time-limited. The US granted and extended these waivers previously. India has benefited from these sanctions exemptions. The goal is…

The Economic Times

On This Day in History, June 3: Muhammad Ali’s death, Tiananmen Square crackdown, Tagore’s knighthood, Partition plan and first American spacewalk

On This Day in History, June 3 witnessed several landmark events that shaped the modern world. From Muhammad Ali’s death in 2016 and the Tiananmen Square crackdown in 1989 to Ed White’s historic American spacewalk in 1965, the date holds global significance. It also marks the unveiling of the Partition…

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