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The Latest Breaking News from India

Indian gang claims to have 1,000 gunmen ready to carry out attacks in Canada

The Lawrence Bishnoi gang was designated a terrorist entity by Canada in 2025

The Independent UK

Bank holidays in June 2026: Check the complete state-wise list before planning your branch visit

June 2026 bank holidays: Indian banks will be closed on several dates in June 2026. These holidays are for regional and national celebrations. Customers should check the specific dates for their state. Important observances include YMA Day, Raja Sankranti, Moharrum, Muharram, Sant Guru Kabir Jayanti, and Remna Ni.

The Economic Times

Why the BCCI, one of the world’s richest sports bodies, answers to no one

The Board of Control for Cricket in India (BCCI) is one of the wealthiest sports governing bodies in the world. But for years, one simple question has remained unanswered: why is the BCCI not accountable to the public, which funds, watches, and sustains the game it controls?

Newslaundry

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Rising prices may hit 54 pc of festive smartphone demand, denting annual sales by up to 30 pc

Indian consumers may delay buying new smartphones or opt for used devices if prices continue rising. This trend could significantly impact annual sales. The pre-owned market is expected to see a substantial rise. Brands need to focus on affordability to capture future growth. Financing challenges also add to the affordability…

The Economic Times

China's SAIC to sell another 10% stake in Indian car venture to local partner JSW - sources

China's SAIC Motor is selling an additional 10% stake in its Indian car venture, JSW MG Motor, to local partner JSW Group. This move will elevate JSW to the largest shareholder, granting it greater operational control. SAIC's decision stems from India's investment curbs, hindering expansion plans despite previous stake dilution.

The Economic Times

Importance of India is now: US envoy Sergio Gor highlights Pharma trust, Pax Silica partnership

US Ambassador to India Sergio Gor on Friday placed pharmaceuticals and the Pax Silica technology partnership at the centre of the growing India-US strategic relationship, saying Washington views India as a trusted partner in securing critical supply chains and shaping future technologies.

The Economic Times

Garba on the Tarmac: Viral Vietnam Airport Video Sparks Online Debate

A viral video showing a group of Indian tourists performing Garba at an airport in Vietnam has sparked a widespread debate on social media, dividing opinions on public behaviour and cultural expression.

Whats Hot

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India-Oman CEPA to strengthen energy security, trade resilience and export growth: Report

India and Oman's Comprehensive Economic Partnership Agreement begins June 1, 2026. This pact will significantly boost trade and energy security. Indian exporters will find new opportunities across various sectors. The agreement also supports India's energy diversification plans. Oman is becoming a key gateway for India's future energy and supply chains…

The Economic Times

Is coming back to India shameful? Man claims people expressed their sympathies to him after returning from West

An Indian man's return from abroad sparked debate, with many perceiving it as a sign of failure rather than a personal choice. Relatives and acquaintances offered sympathetic remarks, implying his overseas stint didn't work out. This highlights a societal obsession with international careers and a tendency to romanticize foreign living,…

The Economic Times

‘Easy to tamper with marks’: How a teen researcher exposed CBSE’s security gaps

The year continues to be turbulent for Indian students. First came the NEET paper leak affecting 23 lakh aspiring doctors. Now, CBSE’s Class 12 board examinations are under scrutiny after the overall pass percentage dropped to 85.2 percent – the lowest since 2019.

Newslaundry

'Expect trade deal to be signed in next few weeks and months,' US Envoy to India Sergio Gor

US Ambassador Sergio Gor anticipates a US-India trade deal signing soon. Bilateral trade has surged, reflecting strong economic ties. The agreement aims to boost opportunities for businesses and workers in both nations. Collaboration on critical minerals and research is also expanding. This partnership holds significant potential for future growth and…

The Economic Times

NFO Update: Groww Mutual Fund launches Groww Nifty Smallcap 250 Momentum Quality 100 ETF

Groww Mutual Fund has launched the Groww Nifty Smallcap 250 Momentum Quality 100 ETF, offering passive exposure to small-cap companies selected on momentum and quality factors. The ETF aims to provide diversified participation in India’s small-cap segment through a rules-based investment strategy focused on stronger price trends and relatively sound…

The Economic Times

The next wealth boom: Emerging markets to add $12 trillion by 2030

Emerging markets will add trillions in wealth by 2030, but the fast-growing affluent class driving it remains largely unserved by banks and advisers.

Euronews

The billionaire shakedown: How India changed its 'default' settings

India's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering trillions. While significantly boosting financial stability and economic growth, the law now faces challenges from judicial delays. Recent amendments aim to address these bottlenecks, ensuring the code's continued effectiveness in safeguarding India's economic progress.

The Economic Times

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The Economic Times

Nifty earnings growth slashed to 8.5% from 14%; no comfort in valuations still: Amish Shah

BofA Securities warns Indian equities face rich valuations and halved earnings growth outlook, projecting market gains to mirror profit expansion. Elevated valuations over emerging market peers and domestic bonds suggest limited upside, with returns likely in the 8-9% range. Steady domestic investor flows are expected to prevent sharp corrections, favoring…

The Economic Times

RBI to hold rates in June; majority now expect hike by year-end: Poll

The Reserve Bank of India is expected to hold its key interest rate steady in June. However, economists now foresee at least one rate hike by the end of the year. This shift is driven by concerns over elevated oil prices and a weakening rupee. Inflation remains below the RBI's…

Newslaundry

Not a purge, a protection: SC backs EC’s voter drive as a democratic shield

In a judgement that clearly reaffirms some core tenets of election laws in India, the Supreme Court has upheld the validity of the Election Commission of India’s Special Intensive Revision (SIR) exercise. It is one of the most important election-law rulings since Lakshmi Charan Sen v. A.K.M. Hassan Uzzaman (1985).…

The Economic Times

'Mentally stressed' Hardik Pandya is 'done with Mumbai Indians'

Under-fire Mumbai Indians captain Hardik Pandya is reportedly set to quit the franchise after a disastrous IPL season, having conveyed his decision to the management mid-season. Mentally stressed and exhausted, Pandya's patience reportedly ran out due to team dynamics and fan criticism over the past three years.

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The Economic Times

India’s VKC launches Zero Footmarks, a pan-India initiative to collect used footwear online

The pan-India online program aims to reduce landfill waste, promote eco-friendly living, and create value from used footwear, educating the next generation on responsible consumerism.

The Economic Times

Indian power firms snap up gas to meet rising night-time cooling demand

India's power companies have significantly boosted natural gas purchases from a domestic exchange, quadrupling them to combat soaring summer electricity demand. Blistering heatwaves have driven peak power needs to record highs, forcing reliance on gas-fired plants. Despite price hikes and supply challenges, this fuel is crucial for meeting demand, though…

The Economic Times

RBI flags US-Iran war's impact on rupee, lists measures to manage forex

The Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, the Middle East conflict and FII outflows. RBI intervened in forex markets and expanded measures such as SRVAs and local currency arrangements to stabilise the currency…

The Economic Times

Govt to roll out social security schemes for gig workers; e-Shram integration deadline set for June 22

The Indian government is set to provide social security benefits to gig and platform workers. These benefits will include accident insurance, health coverage, and old-age protection. Platform companies must integrate their worker data with the e-Shram portal by June 22. This initiative aims to secure the welfare of a rapidly…

The Conversation

A dangerous dam-building race is threatening South Asia’s shared rivers

Bangladesh has just approved one of the largest river engineering projects its history: the Padma Barrage, a vast river-control project intended to restore water in the country’s drought-prone southwest.

The Economic Times

Israeli PM Benjamin Netanyahu cites India's 'crazy love' for Israel amid global criticism

Israeli Prime Minister Benjamin Netanyahu highlighted India's significant role in Israel's expanding international partnerships. He noted a strong affinity for Israel in India, contrasting it with global delegitimization efforts. Netanyahu emphasized India as a 'huge power' with crazy love for Israel. This statement underscores the growing diplomatic ties between the…

The Economic Times

India insurers seek doubling of tax-free limit for some products to boost inflows, sources say

Indian life insurers are asking the government to double the tax-free limit for insurance policies. This move aims to increase money flowing into these funds. Inflows have slowed down since new tax limits were introduced in February 2023. Higher inflows would support government borrowing needs for long-term projects. The Life…

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