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The Latest Breaking News from India

Petrol, diesel prices hiked for third time in eight days on rising crude oil costs

Fuel prices in India have seen another increase, with petrol and diesel rates rising by approximately Rs 0.87 and Rs 0.91 per litre respectively in Delhi. This marks the third hike this month, driven by a surge in international crude oil prices due to Middle East conflict and the expiry…

The Economic Times

Temporary Visas No Longer Guarantee Easy Path to Green Cards? Trump's Post-Shooting Review Produces Major Policy Shift'

USCIS moves to end temporary visas as an easy path to Green Cards, as a Trump‑era review after a DC shooting reshapes 2026 US immigration rules for Indian and other workers.

International Business Times UK

AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflict

Supplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two years, which provides "exceptional financing support to its members and clients in addressing their acute needs for energy security, food security and economic resilience," AIIB said in a statement.

The Economic Times

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A tale of two minorities: Why India never saw anti-Jainism like Europe's anti-semitism

A comparison of Jains in India and Jews in Europe explores why one civilisation enabled coexistence while the other descended into exclusion, persecution and eventually genocide.

The Economic Times

Stronger Thailand Sugar Exports Pressure Prices

July NY world sugar #11 (SBN26 ) on Friday closed down -0.20 (-1.34%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -2.60 (-0.58%). Sugar prices settled lower on Friday, consolidating above Monday's 2-week lows. Strength in sugar exports from Thailand, the world's second-largest sugar exporter, weighed on...

Barchart

India rewrites China FDI rulebook with 'securonomics' pivot

India has recently revised its foreign investment policies for countries that share a land border, as detailed in Press Note 2 of 2026. Departing from blanket prohibitions, the new guidelines introduce a tailored approach that enables investments with limited foreign ownership from these nations.

The Economic Times

Marco Rubio's India mission: Can he salvage US ties amidst Trump's disruptions?

US Secretary of State Marco Rubio visits India to repair strained ties. His trip faces challenges amid past insults and trade disputes. India's support for the US is declining, with young Indians favoring Russia and Japan. Rubio will discuss energy, trade, and defense cooperation. The visit includes a Quad meeting.…

The Economic Times

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Tesla to establish sales and service centre in Hyderabad

Electric vehicle maker Tesla is preparing to open a sales and service centre in Hyderabad. Representatives met with Telangana's IT Minister D Sridhar Babu. The state government highlighted its strong ecosystem for electric vehicles and advanced technologies. This move signifies Tesla's expansion plans in India. The minister invited Tesla to…

The Economic Times

LG Sandhu lays out roadmap from ‘Metro’ to ‘Metropolis’ to transform Delhi

Lieutenant Governor said that the way forward had to be based on the prime pillars of smart mobility, sustainable development, water and environmental management, disaster resilience and development of the Dwarka Sub-city as not just a residential area, but as a hub for knowledge-based industry, innovation centres and global partnerships…

The Economic Times

US Secretary of State Marco Rubio en route to India for high-profile diplomatic visit

US Secretary of State Marco Rubio is arriving in India for a significant visit. He will engage in discussions on trade, energy security, and defense cooperation. A key event will be the Quad foreign ministers' meeting in New Delhi. This gathering will focus on the Indo-Pacific region's security. The visit…

The Economic Times

Sugar Prices Slip on Stronger Sugar Exports from Thailand

July NY world sugar #11 (SBN26 ) today is down -0.21 (-1.41%), and Aug London ICE white sugar #5 (SWQ26 ) is down -3.20 (-0.72%). Sugar prices are weaker today as they consolidate above Monday's 2-week lows. Strength in sugar exports from Thailand, the world's second-largest sugar exporter, is bearish...

Barchart

GIFT City showcases India’s scale, growth opportunities to global investors: Sitharaman

Union Finance Minister Nirmala Sitharaman reviewed GIFT City in Gandhinagar. She noted its significant progress and strategic role in India's financial growth. GIFT City offers a unique blend of scale, technology, and talent. It is becoming a key hub for global finance, attracting significant investments and entities. Continued coordination will…

The Economic Times

ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for Instamart

Swiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its articles of association. This governance reset was crucial for its Instamart unit to gain inventory flexibility and improve margins, a strategy that benefited rival Eternal.

The Economic Times

Rubio on a rescue mission in India? Here are the high stakes

US Secretary of State Marco Rubio visits India to strengthen ties. The visit addresses trade friction and strategic concerns. The US seeks to re-anchor the partnership. Energy security and the Quad dialogue are key discussion points. India balances cooperation with its strategic autonomy.

The Economic Times

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The Economic Times

RBI's record dividend payout to provide partial cushion to stressed govt finances: Experts

The all-time high dividend declared on Friday is 6.7 per cent greater than Rs 2.69 lakh crore for the 2024-25 fiscal. urplus transfer by RBI alone accounts for 91 per cent of the budgeted non-tax revenue under 'dividend/surplus of Reserve Bank of India, Nationalised Banks & Financial Institutions' head for…

The Economic Times

Malaysian PM Anwar Ibrahim to visit India for BRICS summit in September

Anwar Ibrahim made the remarks during a telephonic conversation with his "friend" Tamil Nadu Chief Minister Chandrasekar Joseph Vijay.

The Economic Times

India successfully tests Agni-1 Ballistic Missile

India successfully test-launched the Short Range Ballistic Missile Agni-1. The test occurred at Chandipur, Odisha. The Strategic Forces Command oversaw the launch. All operational and technical parameters were validated. This launch reaffirms India's strategic deterrence capability. The event took place on May 22, 2026.

The Economic Times

Import duty hike to decrease India's gold demand by 50-60 tonnes in 2026

India's gold demand faces a significant drop this year. The World Gold Council predicts a contraction of 50 to 60 tonnes. This decline follows a sharp increase in import duties. The Prime Minister has also urged consumers to pause gold purchases for a year. Investment demand is more sensitive to…

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The Economic Times

Ebola watch: Health Ministry directs states, UTs to bolster surveillance

India is enhancing its readiness for Ebola. The Union Health Ministry has directed states to boost surveillance and hospital preparedness. This action follows the WHO's declaration of the Ebola outbreak in the Democratic Republic of Congo and Uganda as a public health emergency. Screening of international travellers is also being…

The Economic Times

Reliance on non-core income makes Indian insurers structurally weaker than global peers: Report

In the realm of Indian general insurance, a significant portion of profits arises from investment income. This reliance dilutes their operational strength compared to international players.

The Economic Times

India blocks China's request for dispute panel on solar sector support measures at WTO

India has blocked China's request for a World Trade Organization dispute panel. The case concerns India's support measures for its solar cells, modules, and information technology sectors. China alleges these measures discriminate against its goods. India maintains its policies align with WTO rules. China can renew its request at a…

The Economic Times

IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profits

A multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETtech Top 5.

The Economic Times

Oil spike, global debt, market stress: RBI flags mounting external shocks but lays out 5 areas where India remains resilient

The Reserve Bank of India warns of global economic dangers from oil prices, debt, and market stress. However, India shows strength in growth, inflation control, and its banking sector. The nation remains a fast-growing economy. Strong domestic demand and government spending support this. India's foreign reserves are healthy, and its…

The Economic Times

Vijay Shankar retirement reason: Why did the all-rounder retire from domestic cricket and IPL

All-rounder Vijay Shankar has retired from domestic cricket and the Indian Premier League. Shankar aims to explore new opportunities and play more cricket. He represented India in ODIs and T20Is. Shankar played for multiple IPL franchises during his career. He made his debut in 2012 and had a significant career…

The Economic Times

Can Nepalese citizens settle in India without permission? Uttarakhand HC asks Centre

The Uttarakhand High Court is examining the 1950 India-Nepal Treaty. It questions if Nepalese citizens have unlimited rights to live and buy property in India. The court seeks government clarity on whether Indian citizens receive similar treatment in Nepal. This comes amid allegations of Nepalese families occupying land in Nainital…

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