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The Latest Breaking News from India

Arvind Panagariya’s advice to RBI: ‘100 is just a number; let rupee depreciate or reserves will bleed out’

Arvind Panagariya, Chairman of the 16th Finance Commission, advises the Reserve Bank of India to allow the Indian rupee to weaken. He believes aggressively defending the currency with foreign exchange reserves is a losing strategy. Panagariya suggests that letting the rupee depreciate is the correct response to rising oil prices…

The Economic Times

Swiggy’s shareholder setback; Walmart’s Flipkart push

Happy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s ETtech Morning Dispatch.

The Economic Times

When Will BJP Lose Power? Expert Reveals Truth

Indian politics is entering a phase that many people never imagined a decade ago. One party continues to dominate election after election while the opposition struggles to find momentum. Now, one of India’s most trusted election analysts, Pradeep Gupta, has made a prediction that is creating massive political debate across…

MyLifeXP

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Chandrayaan-3 receives 2026 AIAA Goddard Astronautics Award

India's Chandrayaan-3 mission has earned the prestigious 2026 Goddard Astronautics Award from the American Institute of Aeronautics and Astronautics. Recognized for its historic soft landing near the Moon's south pole, the mission provided crucial data for future lunar endeavors and confirmed the presence of vital resources.

The Economic Times

MNCs turning flex spaces as main hubs as GCC story deepens

Global capability centres are transforming India's office space market, shifting from temporary entry points to strategic, long-term operating hubs. These centres are increasingly opting for flexible workspaces, signing larger and longer-duration deals, and demanding bundled services beyond just office space.

The Economic Times

OpenAI goes all out to charm Indian coders

OpenAI personnel are spending more time in India to understand the ecosystem and offer products and services that fit the market. Their concentration on India comes at a time when the coding war is heating up and OpenAI is trying to expand its enterprise and developer-focused offerings globally, people aware…

The Economic Times

Venezuela acting president to visit India next week for oil discussions: Rubio

Venezuela's interim President Delcy Rodríguez is set to visit India next week for oil sales discussions, as the US aims to bolster energy ties with New Delhi. US Secretary of State Marco Rubio highlighted India as a key partner, expressing readiness to increase energy exports. This comes as Venezuela, possessing…

The Times of India

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Sugar Prices Climb on Global Weather Concerns

July NY world sugar #11 (SBN26 ) on Thursday closed up +0.17 (+1.15%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +4.00 (+0.91%). Sugar prices rallied on Thursday amid growing worries that dry weather from an El Niño weather event could disrupt global sugar production. The emergence...

Barchart

Is India Inc's CSR truly driving systemic change or just shifting funds?

Corporate India is entering a new phase of CSR. Spending is expected to cross ₹1.2 lakh crore by 2035. Companies are shifting towards systemic giving. This approach focuses on scalable pilots and evidence building. It aims to create population-level impact. This strategic shift will unlock larger public spending and ensure…

The Economic Times

India-UAE energy agreement: This Emirati strategy has power

India and the UAE have signed a significant energy agreement. This deal allows the UAE to store crude oil in India's reserves. It also explores new storage facilities and potential crude oil storage in Fujairah. This arrangement enhances energy security for India and reduces concentration risk for the UAE.

The Economic Times

Marco Rubio calls India ‘great partner’ ahead of key visit, pushes for stronger energy ties

US Secretary of State Marco Rubio expressed the United States' desire to expand energy ties with India, highlighting historic US production and export levels. Ahead of his visit, Rubio emphasized India's role as a "great partner" and discussed potential opportunities, including Venezuelan oil, to address energy price concerns.

The Times of India

To give, first get to know: Why India’s everyday generosity matters more than ever

India witnesses widespread everyday giving, with households contributing billions annually. While generosity is abundant, most gifts are ad-hoc and directly benefit individuals, with only a small portion reaching formal nonprofits. This contrasts with Western models, highlighting the importance of proximity, trust, and community involvement in driving Indian philanthropy towards lasting…

The Economic Times

IRCTC launches upgraded Golden Chariot Luxury Train for 2026-27 season

The Golden Chariot luxury train is set for a grand relaunch in the 2026-27 tourist season. IRCTC has unveiled a reimagined experience blending old-world charm with modern comforts. New itineraries explore South India's rich heritage and scenic beauty. Attractive discounts are available for early bookings. This offers a unique opportunity…

The Economic Times

From Inventing SKY to Reaching 8.5 Million Meditators at the UN: Sri Sri Ravi Shankar Turns 70

Gurudev Sri Sri Ravi Shankar's 70th birthday and the 45th anniversary of the Art of Living Foundation were celebrated with global events, highlighting his contributions to peace and well-being.

International Business Times UK

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Barchart

Rising Crude Oil Prices Support Ethanol and Sugar Prices

July NY world sugar #11 (SBN26 ) today is up +0.14 (+0.95%), and Aug London ICE white sugar #5 (SWQ26 ) is up +3.00 (+0.68%). Sugar prices are moving higher today as strength in crude oil prices spurred short covering in sugar futures. Crude oil (CLN26 ) jumped by more...

MarketBeat

China BAK Battery Touts India Growth, AI Backup Power and Undervalued Stock

China BAK Battery (NASDAQ:CBAT), referred to in a company presentation as CBAK Energy, outlined its growth strategy, customer base and valuation case during a recent investor event, emphasizing its position in cylindrical lithium iron phosphate battery cells and its expansion opportunities in electr

The Economic Times

Heatwave scorches India, Banda district hottest at 47.6 degrees Celsius

India is experiencing severe heatwaves. Uttar Pradesh's Banda recorded the highest temperature at 47.6 degrees Celsius. Delhi temperatures hovered around 45 degrees Celsius, with the first heatstroke patient reported. Many other states like Haryana, Punjab, and Rajasthan are also facing extreme heat. Authorities have issued warnings and advised caution.

The Times of India

I am from India but none of my firm partners is Indian: Attorney Rahul Reddy counters hate on social media

Immigration attorney Rahul Reddy said he has been witnessing the social media narrative that Indians in the US will only hire Indians, and H-1Bs, and said that he founded the Reddy-Neumann Brown C law firm, but none of the lawyers in his company is Indian. The comments came as Texas…

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The Economic Times

Eicher Motors forays into financial services with Volvo Group, board approves Rs 750-cr investment

Eicher Motors will invest up to Rs 750 crore in a new joint venture with Volvo Financial Services India. This new entity will provide financing for Eicher, Volvo, and Royal Enfield products in India. The joint venture aims to enhance customer experience by offering accessible financing solutions.

The Economic Times

Standardise documentation for advancing international mobility of skilled workers: Niti

Niti Aayog proposes government action to boost skilled Indian worker mobility abroad. Key recommendations include formalizing contracts and transparency. Group visa submissions through bilateral channels are also suggested. Standardizing documentation and pre-verification systems will streamline the process. This aims to leverage India's demographic advantage before it declines. The move supports…

The Economic Times

Varun Beverages, PepsiCo India extend bottling pact till 2049, gets wider business freedom

Varun Beverages Ltd. has extended its exclusive bottling and trademark license agreement with PepsiCo Inc. in India until April 30, 2049, replacing the previous term ending in 2039. The revised agreement also removes a key restriction, allowing VBL to pursue businesses outside of PepsiCo operations, signaling a deepening strategic partnership.

The Independent UK

Heatwave grips India as record temperatures disrupt schools and close shops

IN FULL

The Independent UK

‘Cockroach party’ unites millions of frustrated Indian youth

IN FULL

The Independent UK

The rise of the ‘cockroach party’ as angry youth turn to the insect to vent frustrations

The initiative’s viral success was unintentional, reflecting deep-seated frustration among the nation’s youth

The Economic Times

Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sources

Dalmia Bharat is set to acquire Jaiprakash Associates' cement assets for over Rs 2,500 crore. This follows Adani Group's acquisition of Jaiprakash Associates under insolvency. The deal settles past disputes. Adani Ports is also acquiring a fertilizer holding company. Adani Power has acquired Jaiprakash Associates' power assets. These moves signal…

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