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The Latest Breaking News from India

RBI intervention steadies rupee, governor's rate comment pulls down hedging costs

The Indian rupee showed resilience on Wednesday, recovering from earlier dips, a relief attributed to possible central bank measures. Concurrently, the Reserve Bank of India governor's remarks on interest rate hikes being 'premature' led to a notable decline in forward premiums. This shift, alongside a robust dollar, put pressure on…

The Economic Times

Indian investors lead the world in AI adoption for finance, but still trust humans with the final call

Indian wealthy investors are leading the world in using AI for financial research and analysis, with 86% leveraging the technology. While AI boosts their confidence and willingness to take calculated risks, human financial advisors still hold the reins for final investment decisions. This indicates a growing preference for a hybrid…

The Economic Times

Nominal GDP growth could fuel largecap recovery; pharma, auto ancillaries remain preferred bets: Shreyash Devalkar

Indian stock markets are defying foreign investor caution, driven by resilient June-quarter earnings. Companies are navigating geopolitical and inflation challenges better than expected, with a focus shifting to corporate performance. Experts see potential for large-cap stocks to catch up as nominal GDP growth improves, while sectors like IT require stronger…

The Economic Times

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NFO Update: Tata AIA Life Insurance launches Multifactor Index Fund

Tata AIA Life Insurance has launched the Tata AIA Multifactor Index Fund, a ULIP-based offering designed to combine equity market participation with life insurance protection. Built on a low-volatility multifactor strategy, the fund aims to provide diversified exposure and steadier long-term wealth creation through a rules-based investment approach.

The Economic Times

A unique fund with a contra bet on Indian IT and global tech exposure: Radhika Gupta on Edelweiss Technology Fund

Edelweiss Mutual Fund has launched a unique technology fund, blending Indian IT stocks with global tech giants. This fund aims for long-term capital appreciation by taking a contrarian view on Indian IT while investing in innovative global companies. It offers investors a single avenue to tap into both domestic and…

The Economic Times

Energy cooperation most promising areas of India-US ties: Deputy Chief of Mission in US Namgya Khampa

Energy cooperation is a cornerstone of the strengthening US-India relationship, with crude oil, LNG, LPG, and civil nuclear power identified as key areas. Despite differing views on some matters, the partnership's strategic logic and resilience are growing. This collaboration significantly boosts India's energy security and fosters economic growth, with both…

The Economic Times

Raymond eyes precision engineering, in talks to buy German aerospace supplier Deharde

Raymond's move, if successful, would mark its first overseas acquisition post-restructuring and bolster its aerospace manufacturing capabilities. Deharde, a supplier to Airbus, brings established European operations and crucial OEM relationships, aligning with India's growing role in global aerospace supply chains.

The Economic Times

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Modinomics is appeasement of US, capitulation to China: Congress

The Congress party has criticized the Modi government's economic policies, dubbing them as "Modinomics." They argue that these policies involve appeasing the United States while capitulating to China, citing India's growing trade deficit with China and a shrinking surplus with the US. Discussions are underway for a bilateral trade agreement…

The Economic Times

US citizenship may cost up to 80% more: Who can apply, what changes and how Indians may be impacted

The Department of Homeland Security is considering a drastic 80% increase in fees for US naturalization applications, which could make citizenship unaffordable for many. If implemented, the proposal would also remove fee waivers and discounts for low-income applicants, likely affecting a significant number of Indian citizens among new Americans, whose…

The Times of India

Dixon, Amber, Syrma: Harshit Kapadia on why India's EMS sector is back on the radar & which stocks to buy now

India's electronics manufacturing sector is poised for decades of growth, fueled by global supply chain shifts and government support. Experts see reasonable valuations after recent corrections. Key developments include Dixon Technologies' significant deal with Vivo, potentially boosting revenues substantially, and Syrma SGS Technology's JV with Kaga Electronics, promising higher margins…

The Economic Times

Did Pakistan really down India's Rafale fighter jets during Operation Sindoor? Latest IAF tender reveals the truth

The Indian Air Force has issued a tender seeking a five-month bridge support package for all 36 Rafale fighter jets acquired from France, ahead of the expiry of the current maintenance arrangement in September 2026. The move counters Pakistan's claims that several Rafale aircraft were lost during Operation Sindoor, as…

The Economic Times

Veteran sprinter Srabani's secret of longevity: Hunger for success, drugs-free body

Veteran Indian sprinter Srabani Nanda, at 35, credits her enduring success and recent Asian Relays gold to unwavering hunger and a commitment to a clean body, free from prohibited substances. Having competed for over two decades, Nanda emphasizes the importance of staying drug-free for confidence and focus, aiming for a…

The Economic Times

India-bound oil supertanker booked in Gulf at 897% of benchmark freight rate

A supertanker has been provisionally booked to ship oil from the Persian Gulf to India at a staggering rate, nearly nine times the benchmark freight cost. This eye-watering price highlights a severe shortage of available vessels in the region. The high demand, driven by increased exports and the need to…

The Economic Times

900 kg gold every year! India's first private gold mine begins operations in Andhra Pradesh's Swarnagiri. Check details

Andhra Pradesh is making history with India's first private gold mine, Swarnagiri, formerly Jonnagiri, set to begin commercial operations. Chief Minister N. Chandrababu Naidu will inaugurate the project, a significant milestone for the nation's mining sector. Operated by Geomysore Services India Pvt Ltd, this ₹405 crore venture is expected to…

The Economic Times

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The Economic Times

Amazon CEO Andy Jassy visits India; to meet PM Modi on Thursday

The visit comes as Amazon sharpens its focus on quick commerce in the country. The company announced that it is expanding its 10-minute delivery service, Amazon Now, to 300 cities. Currently, Amazon Now has about 500 dark stores across 15 metro and non-metro cities, including Bengaluru, Delhi-NCR, Mumbai, Pune, Hyderabad,…

The Economic Times

India at risk of AI blackout? Why Bernstein wants India to have its own DeepSeek

Bernstein has warned that India risks an "AI blackout" if it remains dependent on foreign AI models, urging the country to develop its own sovereign AI stack and a homegrown equivalent of DeepSeek. The brokerage said relying on overseas LLMs and data-centre services could leave India vulnerable to geopolitical and…

The Economic Times

India among top AI-ready nations, one of world's least concentrated equity markets: J.P. Morgan

India has emerged as one of the top countries in artificial intelligence (AI) readiness, trailing only the U.S. and China, while remaining one of the world's least concentrated equity markets, according to a recent report by J.P. Morgan.

The Economic Times

Vaibhav Sooryavanshi fever grips Ireland ahead of possible India debut; ex-India cricketer Narasimha Rao calls it a 'historic moment'

Teen batting prodigy Vaibhav Sooryavanshi's potential international debut against Ireland is igniting massive fan interest across Europe, with ticket demand soaring. Former cricketer MV Narasimha Rao believes Belfast's conditions could suit the 15-year-old's attacking style, drawing comparisons to Sir Garfield Sobers. Rao also shared personal anecdotes, including a memorable encounter…

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The Economic Times

Tata Sierra EV teaser released: Check launch date, battery options, interior design and other key features

Tata Motors is building anticipation for its upcoming Sierra EV, set to launch in India on June 30. A recent teaser showcases the electric SUV conquering challenging sand dunes, hinting at impressive off-road prowess. The production-spec model reveals distinct EV design elements, a premium interior with advanced tech, and a…

The Economic Times

Women's T20 WC: India desperate to overcome middle-order, fielding woes against Bangladesh

India faces Bangladesh in a crucial Women's T20 World Cup clash, aiming to overcome middle-order batting struggles and fielding lapses. While openers Mandhana and Verma are in form, the middle order needs to step up to build on their starts. Big wins have boosted India's position, but they must avoid…

The Economic Times

India's growth story, not AI trade reversal, will drive foreign flows: Sameer Dalal

India's economic strength, not AI's decline, will drive foreign capital inflows, according to Sameer Dalal. He believes AI's market correction is temporary, while India's improving fundamentals, including falling crude prices and monsoon progress, position it for growth. Dalal remains bullish on pharma and cement sectors, sees achievable targets for Tata…

The Economic Times

MTF hits record Rs 1.27 lakh crore as investors borrow more to buy stocks. Is it a ticking time bomb?

Indian investors are ramping up margin trading at a record pace, pushing the MTF book to an all-time high of Rs 1.27 lakh crore in May 2026, up 65.4% YoY, according to CareEdge Ratings. Despite stagnant market turnover and heavy FII outflows, leverage in equities continues to build, raising concerns…

The Economic Times

CJP founder Abhijeet Dipke to appear before MeitY panel over withholding of X account

Abhijeet Dipke, founder of the Cockroach Janta Party (CJP), will appear before a MeitY committee today regarding the withholding of their X account in India. The CJP has been protesting at Jantar Mantar for five days, demanding the Education Minister's resignation over alleged examination irregularities. The group's satirical online presence…

The Economic Times

Meta makes a $900 million super-app move in India

Cred founder Kunal Shah, a philosophy graduate, built his platform on exclusivity for high credit scorers, now processing over 40% of India's credit card bills. While Meta's interest raises data control questions, Shah faces the challenge of creating a fair commercial portal. His next task is to expand Cred beyond…

The Economic Times

Meet Dr. Shubha Venkatesh Iyengar, Agni missile scientist, whose tech is now being used by every international airport in India

President Murmu honored 65 individuals with Padma Awards, including scientist Dr. Shubha Venkatesh Iyengar. Her 46-year tenure at CSIR-NAL yielded significant advancements in aerospace and defense. Dr. Iyengar's "Drishti" system is now mandatory at Indian airports, saving foreign exchange. She also developed critical indigenous components for missile systems and space…

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