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The Latest Breaking News from India

India's capex cycle to strengthen as investments seen rising to $2.2 tn by FY30: Morgan Stanley

India's capital expenditure is projected to rise significantly by FY2030. Private sector investment is expected to accelerate, driven by domestic demand and policy support. Central government spending will continue focusing on infrastructure and defence projects. Multiple investment drivers are anticipated to make the capex cycle more resilient. Gross foreign direct…

The Economic Times · Jul 14

EAM Jaishankar discusses global developments, including West Asia, Ukraine with UN Chief Guterres

India's External Affairs Minister S Jaishankar launched the nation's campaign for a UN Security Council seat. He discussed global developments, including West Asia, Ukraine, and Sudan with UN Secretary General Antonio Guterres. India's approach to the UN is rooted in "SHANTI: Securing Holistic Advancement through Norms, Trust and Integrity."

The Economic Times · Jul 14

India bonds join global rout after Mideast escalation jolts oil higher

Indian government bonds declined early Tuesday amid rising oil prices. Fresh Gulf strikes obstructed shipping, causing Brent crude to climb significantly. This surge in oil prices threatens to increase India's inflation and interest rate risks. Foreign investors sold Indian bonds, marking their first sale since June policy measures. The rupee…

The Economic Times · Jul 14

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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

The experience economy is reshaping consumer finance

Young professionals now prioritize experiences, shifting financial goals from tangible assets. Consumers globally continue to spend on travel and experiences despite economic uncertainty. Financial institutions are adapting by designing products around lifestyles and travel utility. This evolution means financial products increasingly enable experiences rather than just purchases. The future of…

The Economic Times · Jul 14

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Biocon shares jump 6% as Mylan likely exits drugmaker after Rs 3,481 crore stake sale

Biocon shares experienced a significant jump of over 6% on Tuesday. Viatris-owned Mylan intends to sell a substantial stake, exiting the Indian drugmaker. This stake sale represents 5.64% of Biocon's outstanding shares. The offer's floor price was set at a discount to the previous closing price. Block deals totaling nearly…

The Economic Times · Jul 14

Apparel exports drag India's textile and clothing exports despite growth in textile shipments: CITI

The April-June quarter also showed weak trends for these exports. Cumulative exports for the first quarter of FY27 declined year-on-year.

The Economic Times · Jul 14

India vs England Playing 11: Predicted XI, team news and key changes for 1st ODI

IND vs ENG Playing 11: India aims to rebound against England in the first ODI match. Experienced stars Rohit Sharma and Virat Kohli return for the Indian team. Jasprit Bumrah also rejoins the bowling attack after his absence. England retains its winning T20I combination for the upcoming series. Both teams…

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

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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

India-New Zealand FTA likely to enter into force by year-end: Minister Todd McClay

India and New Zealand's free trade agreement is expected to take effect by year's end. This pact will significantly enhance economic and trade relations between both nations. New Zealand's parliament has already approved the agreement, moving it through legislative processes. The agreement aims to build resilient supply chains and maintain…

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The Economic Times · Jul 14

India will prioritise rule-based maritime order, including safety of seafarers, at UNSC: Jaishankar

India launched its campaign for a UN Security Council seat for 2028-29. The nation will focus on maritime security and countering terror financing. India also champions a voice for the Global South and reformed multilateralism. Future-ready peacekeeping and addressing AI threats are key priorities. These efforts aim to secure global…

The Economic Times · Jul 14

ETMarkets Smart Talk | Equity, mutual funds, bonds or property: Tax rules every NRI should know: Ritu Shaktawat

NRIs investing in India must understand tax rules and residential status. Double Taxation Avoidance Agreements offer beneficial tax treatments for certain income streams. Recent changes affect capital gains and mutual fund taxation significantly for investors. Careful planning of investment exits and documentation is crucial for compliance. Adhering to FEMA and…

The Economic Times · Jul 14

The great Adani trade is back with Rs 1.4 lakh crore bang! Why Adani Enterprises is Nifty’s hottest stock now

Adani Enterprises shares have rallied significantly this year, becoming Nifty's top performer. Investors are betting on its airports-to-copper portfolio to create new listed companies. The company recently raised substantial capital through a qualified institutional placement. This funding will support business expansion, debt repayment, and strategic investments. Analysts expect strong earnings…

The Economic Times · Jul 14

Sea route, lost passport, Nepal border: American national Jordan Brown held in UP

An American national was apprehended by SSB for entering India without valid documents. He had arrived in India via sea route in November 2025 and resided in Goa. The individual identified himself as Jordan Brown from California, USA. He was attempting to travel to Nepal without authorization when apprehended by…

The Economic Times · Jul 14

iPhone 18 Pro: Expected India launch date, price, design, battery, camera and AI features

Apple's iPhone 18 Pro and Pro Max are expected at a September 2026 event. These new models will feature significant battery and camera upgrades. Performance improvements are anticipated with the new A20 Pro chipset. The foldable iPhone will also debut alongside the Pro lineup. Retail availability is projected to begin…

The Economic Times · Jul 14

JPC members undertake 'One Nation One Election' study visit programme in Lucknow

The Joint Parliamentary Committee is studying the "One Nation, One Election" proposal in Lucknow. Officials and representatives are discussing the framework for simultaneous polls across India. Chairperson PP Chaudhary noted widespread support for the proposed governance reform. Shiv Sena (UBT) MP Anil Desai confirmed his participation in these consultations. The…

The Economic Times · Jul 14

India targets self-reliance in atomic energy to meet net-zero goals, says Parliamentary Committee on Science and Technology Chair

India's atomic energy strategy aims for net-zero emissions by 2070. The parliamentary panel reviewed operational expansion and new international fuel partnerships. Domestic mineral reserves will secure the energy grid for long-term needs. Bilateral import arrangements will meet immediate operational requirements. India is scaling up clean energy platforms and investing in…

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