The Latest Breaking News from India

CCI finds laptop maker HP rigged bids, levies Rs 14.28 crore penalty

The Competition Commission of India imposed a Rs 14.28 crore penalty on HP India and its resellers. This action followed findings of cartelisation in the sale and supply of print hardware consumables. HP India received a Rs 11.98 crore fine, while resellers collectively paid Rs 2.30 crore. The regulator also…

The Economic Times · Jul 14

Future of the VW Osnabrück plant: Is the Iron Dome missile deal at risk of collapse?

Vehicle production at VW in Osnabrück is scheduled to end in 2027, meaning around 2,300 jobs depend on a follow-up solution.

Euronews · Jul 14

ITR 2026: Increased disclosure requirements for overseas investments and foreign assets—are Indian taxpayers ready?

Indian taxpayers face new disclosure rules for foreign assets and investments. Global information exchange frameworks necessitate accurate reporting of overseas income. Schedule FA in ITR requires detailed reporting of foreign assets held. Non-compliance can lead to significant penalties and scrutiny from tax authorities. Accurate reporting ensures transparency and reduces potential…

The Economic Times · Jul 14

India, Spain explore stronger partnership across trade, manufacturing

India and Spain are exploring enhanced economic cooperation in trade and investment. Minister Piyush Goyal met his Spanish counterpart to discuss future growth opportunities. Both nations aim to significantly increase bilateral trade beyond current projections. They are committed to strengthening industrial partnerships and resilient supply chains. This collaboration seeks to…

The Economic Times · Jul 14

Bengaluru's Akira has 4 world records at the age of 2: Meet the extraordinary toddler who is making waves in kick scootering

A Bengaluru toddler named Akira has achieved four World Records and three India Book of Records titles. She earned these distinctions before her second birthday through various physical activities. Akira's journey began with kick scootering, which she pursued with great enthusiasm. Her parents provided a supportive environment, allowing her to…

The Economic Times · Jul 14

National Electricity Policy 2026: 7 Big Changes Revealed

For nearly two decades, India's electricity policy has remained largely unchanged while the country's power needs have grown at an unprecedented pace. Now, the government is preparing what could become the biggest transformation of the electricity sector since 2005. From electricity pricing and competition to industrial power access and future-ready…

MyLifeXP · Jul 14

Indian team honour retiring England legends Knight, Beaumont with signed jerseys after historic Lord's Test

India's women's cricket team honored Heather Knight and Tammy Beaumont after their final international match. Jemimah Rodrigues presented the retiring England stars with signed jerseys as a token of appreciation. The Indian team secured a historic 270-run victory in the one-off Women's Test at Lord's. Yastika Bhatia became the first…

The Economic Times · Jul 14

India nears accepting sweetened Fairfax offer for IDBI Bank

India's government is nearing acceptance of Fairfax Financial's offer for IDBI Bank. Fairfax may slightly increase its per-share bid for the Mumbai-based lender. This potential transaction represents a significant government-backed disposal of a bank stake. Final approvals are still required from the Indian cabinet and RBI.

The Economic Times · Jul 14

A $2.5 billion FII buying has domestic investors asking: Is foreign money shifting to India?

Foreign investors bought Indian equities in July after significant selling periods. This return follows easing geopolitical concerns and improved global risk sentiment. India's growth story and diversified opportunities attract foreign capital for the long term. Analysts remain cautious, awaiting sustained inflows to confirm a trend. Crude oil prices and US…

The Economic Times · Jul 14

Rupee's fall past 96/USD erases rally spurred by dollar inflow measures

The rupee weakened past 96 against the dollar on Tuesday. This decline occurred as oil prices saw a sharp increase this week. Tensions in the Middle East deepened, leading to fresh strikes between the US and Iran. Indian equities also faced pressure, with the Nifty 50 index experiencing losses. The…

The Economic Times · Jul 14