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The Latest Breaking News from India

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

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

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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…

The Economic Times

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).…

Newslaundry

'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.

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

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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 Economic Times

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 Conversation

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…

The Economic Times

Can Zomato Finally Fix Your Unhealthy Food Habits?

Healthy eating sounds simple until real life gets busy. Long work hours, late-night cravings, and endless food options often push people toward unhealthy meals. Most people want to eat better, but consistency becomes the hardest challenge. Now, Zomato has introduced a new feature called Healthy Subscriptions, designed to make healthy…

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The Economic Times

GT vs RR Qualifier 2 Live Streaming Today: When, where and how to watch Gujarat Titans vs Rajasthan Royals IPL 2026 match live on TV, mobile & online in India

IPL 2026 GT vs RR Live Streaming: Gujarat Titans and Rajasthan Royals clash in a high-stakes IPL 2026 Qualifier 2 on May 29 for a spot in the final against Royal Challengers Bengaluru. The match will be held at the Maharaja Yadavindra Singh International Cricket Stadium in Mullanpur. Fans can…

The Economic Times

Tesla launches 2026 Model Y Premium in India at Rs 50.89 lakh with upgraded features

Tesla introduces the 2026 Model Y Premium Rear-Wheel Drive in India. This new variant features an all-black interior and a larger touchscreen. Deliveries begin in July 2026. The Model Y Premium offers impressive storage and seating for five. It accelerates quickly and provides a good driving range.

The Economic Times

Nomura downgrades Cummins India shares to Neutral despite raising target price by 25%. Here’s why

Nomura downgraded Cummins India to “Neutral” despite raising its target price by 25%, citing stretched valuations and near-term margin pressure from rising commodity costs. While the brokerage remains optimistic about long-term growth driven by data centres and emission norm upgrades, it believes the current valuation leaves limited room for further…

The Economic Times

Myntra announces End of Reason Sale starting May 29

Myntra's 24th End of Reason Sale begins May 29. Millions of customers can shop over 6 million styles. Emerging brands will debut new collections. Expect deals on apparel, footwear, accessories, and beauty. VIP access offers extra discounts. Hyper-speed delivery is available in select cities. Social commerce will drive discovery and…

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The Economic Times

U.S. drug regulator flags data integrity, maintenance lapses at Dabur India plant

The U.S. FDA has identified significant data integrity and manufacturing lapses at a Dabur India plant following a January inspection. Findings revealed risks of microbiological contamination, falsified records, and the presence of live birds and droppings in a raw material warehouse. Management also failed to review production records before batch…

The Economic Times

Vaibhav Sooryavanshi is a 'Genetic Djinn': Pakistani cricket 'expert' says RR IPL star has brought baseball mechanics in cricket

Rajasthan Royals' young opener Vaibhav Sooryavanshi is making waves in IPL 2026. A Pakistani analyst called him a 'Genetic Djinn' for his powerful batting. The 15-year-old combines traditional shots with baseball-like body mechanics. His fearless approach and confidence under pressure have impressed experts and fans alike. Sooryavanshi's rise is a…

The Economic Times

Earnings stay resilient, but Q1 FY27 could test markets: Harsha Upadhyaya

Indian equities showed resilience in Q4 FY26, but Q1 FY27 earnings may disappoint due to geopolitical tensions and energy disruptions. Kotak Mahindra AMC's CIO, Harsha Upadhyaya, advises caution, highlighting banking, hospitals, and power as preferred sectors. Markets anticipate sideways movement until geopolitical clarity emerges.

The Economic Times

RBI highlights strong banking sector health, says lenders can withstand severe shocks

In the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid balance sheets, reflecting a significant uptick in asset quality and sturdy capital reserves. With gross bad loans hitting their lowest levels in decades, comprehensive stress tests reaffirmed that banks are well-prepared for…

The Economic Times

British-era heritage sites need preservation, states should work on it with more seriousness: Shekhawat

Union Culture Minister Gajendra Singh Shekhawat has called for greater seriousness from states in preserving British-era public assets. These include district collectorates, courts, and hospital buildings. Many such historic structures face demolition due to neglect. The minister emphasized that sites older than 100 years now require protection. States are encouraged…

The Economic Times

Delhi HC seeks response from Centre, X over Cockroach Janta Party's handle being withheld

The Delhi High Court has issued notices to the Union government and X regarding the blocking of the Cockroach Janta Party's account. The satirical outfit's founder challenged the action, alleging it was based on national security grounds and raising concerns about online censorship and free speech.

The Economic Times

Hormuz exposes China's Indian Ocean vulnerability, new report

A new report suggests China's maritime vulnerability begins at the Strait of Hormuz, not the Strait of Malacca, creating a strategic competition arena in the Indian Ocean. This region is re-emerging as a key theatre, with China's energy dependence exposing vulnerabilities to rivals like India, France, and the US.

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