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The Latest Breaking News from India

No relief in memory prices visible over next 12-18 months, says IESA president

Memory prices are set to rise for consumers. No major new production capacity is expected in the next 18 months. This will lead to higher costs for devices like smartphones. The ongoing West Asia crisis also impacts raw material availability for electronics. India Semiconductor Mission 2.0 aims to boost the…

The Economic Times

'Mosques converted into dance bars in Muslim region in China': Pakistani vlogger exposes reality of ‘ironclad’ friendship

A Pakistani vlogger's trip to Kashgar, Xinjiang, has sparked debate in Pakistan and India. The video showcased restricted public religious practices and cultural performances at mosque-like structures, prompting questions about China's policies and Pakistan's ties with Beijing. The footage highlights concerns over religious freedom and cultural identity in the region.

The Economic Times

Why Trump’s face can be seen zooming in and out of India’s rush-hour traffic

Approximately 100 auto-rickshaws, adorned with large images of Trump and the Statue of Liberty, have become a prominent feature across the Indian capital in recent weeks

The Independent UK

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‘Lower-value human’: Standard Chartered CEO’s remark sparks outrage as bank plans job cuts in India, other hubs

Standard Chartered’s plan to cut nearly 7,800 jobs globally by 2030 has triggered a fierce backlash online after CEO Bill Winters described some roles as “lower-value human capital” while outlining the bank’s AI-driven overhaul.

The Times of India

Is 4-day work week allowed after New Labour codes roll out? Here's what new work rules say about the work timings

India's new labour codes permit a four-day workweek, allowing employees to complete 48 weekly hours over fewer days. This compressed schedule, requiring up to 12-hour workdays, is optional for both employers and employees. Overtime rules and state-specific daily hour caps remain in effect, influencing adoption across sectors like IT and…

The Economic Times

Why CEA Anantha Nageswaran says India is facing a ‘Live Balance of Payments Stress Test’

India faces significant external sector challenges due to rising oil prices, foreign investor exits, and a weakening rupee. Chief Economic Advisor V. Anantha Nageswaran describes this as a "live balance of payments stress test," highlighting pressure on imports, currency stability, and foreign exchange flows. The situation is exacerbated by heavy…

The Economic Times

NFO Update: Tata AIA Life Insurance launches dividend leaders index pension fund

Tata AIA Life Insurance has launched the Tata AIA Dividend Leaders Index Pension Fund to help investors build long-term retirement wealth through India’s leading dividend-paying companies. The NFO is open until May 27, with units priced at Rs 10. The passively managed fund tracks the BSE 500 Dividend Leaders 50…

The Economic Times

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Challenging times for Indian auto even as long-term demand trends hold: Assocham's Nirmal Minda

India's automotive industry is facing the dual challenge of escalating costs and uncertainties in global trade. Yet, the future looks good with robust long-term demand and a significant pivot towards electric vehicles, says Assocham president Nirmal Minda.

The Economic Times

Flex office: As GCCs boom, Table Space is betting big on managed workspaces

As India’s GCC ecosystem expands rapidly, enterprise managed workspace providers are emerging as critical enablers of global firms entering and scaling in the country.

The Economic Times

'Crony capitalism and oligarchy': 'Remarkable correlation' between Adani's rise & Modi’s ascendancy

François Picard is pleased to welcome Paranjoy Guha-Thakurta, an Indian journalist, investigative author and filmmaker. He offers a sweeping critique of the nexus between oligarchic wealth, political power and weakened institutional accountability in contemporary India. Drawing on the allegations surrounding billionaire industrialist Gautam Adani, US sanctions investigations and the politics…

France 24

Rs 10.9 lakh crore burden: Iran shock can take a load off India's back

Rising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast-tracking plans for ethanol adoption and commercial vehicle electrification to reduce dependence on imported crude and support the rupee. With crude imports estimated to cost Rs 10.9 lakh…

The Economic Times

Anil Kumble backs Vaibhav Sooryavanshi to break Chris Gayle’s IPL sixes record

Teen batting sensation Vaibhav Sooryavanshi is rapidly emerging as a strong contender to surpass Chris Gayle’s all-time IPL sixes record, with former India captain Anil Kumble praising the youngster’s fearless strokeplay and mature approach. Sooryavanshi has already smashed 53 sixes in IPL 2026, putting him on course for a historic…

The Economic Times

Investment firm Oister Global launches Rs 500 crore ACE Fund III

Oister Global has launched ACE Fund III, a Rs 500 crore fund focused on startup secondaries. The fund targets late-stage, high-growth companies with strong unit economics and clear liquidity pathways, Rohit Bhayana, cofounder of Oister Global, told ET.

The Economic Times

Marriott International and The Fern Hotels & Resorts Celebrate 75 Signings and 50 Openings for Series by Marriott in India

SINGAPORE, May 20, 2026 /PRNewswire/ -- Marriott International, Inc. today announced landmark dual milestones for The Fern Hotels & Resorts, Series by Marriott in India - 75 hotels have now been signed under the brand's founding collaboration with Concept Hospitality Private Limited (CHPL), while 50 of those properties are already…

AAP

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The Economic Times

India key partner, Estonia will be 'very happy' if PM Modi visits: Foreign minister

Estonia desires stronger ties with India. Foreign Minister Margus Tsahkna invites Prime Minister Narendra Modi for a visit. He also seeks India's participation in rebuilding Ukraine. Estonia sees India as a key partner for business and investment. The country is preparing to host the Ukraine Recovery Conference in 2027.

The Economic Times

Peak XV joins UK infrastructure startup Primer’s $100 million funding round

Peak XV Partners has joined a $100 million fundraise for global payments infrastructure startup Primer, marking another overseas investment for the Indian VC firm. The funding will accelerate AI investments and US expansion, where Primer expects significant revenue growth.

The Economic Times

A nation of sporting moments, not yet a sporting culture

India celebrates sports in flashes, with non-cricket athletes often struggling for recognition and financial security. Despite government schemes, a robust ecosystem for all sports is missing. Cricket's dominance stems from its established infrastructure and commercial appeal. A cultural shift is needed, focusing on grassroots development, professional federations.

The Economic Times

Citi sees India tightening currency controls to halt Rupee slump

India may introduce more measures in the coming months to support the rupee and boost foreign reserves, including possible curbs on overseas investments by domestic companies, according to Citigroup. The report said rising oil prices and pressure on the current account deficit have pushed policymakers to consider steps to limit…

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The Economic Times

Rupee under pressure; crude oil, bond yields and dollar strength create perfect storm: Naveen Mathur

The Indian rupee is facing intense pressure due to rising crude oil prices, a strengthening dollar, and widening deficits. The Reserve Bank of India has actively intervened, depleting foreign exchange reserves to manage volatility rather than defend a specific level. Importers should hedge, while exporters benefit from the weaker currency.

The Economic Times

UN cuts India's 2026 GDP forecast to 6.4 pc, still among fastest-growing economies

The United Nations has lowered India's economic growth forecast for 2026 to 6.4 percent. This adjustment reflects global uncertainties and economic shocks from the West Asia crisis. Despite this, India remains one of the world's fastest-growing major economies. The UN notes that India is not immune to these global challenges.

The Economic Times

We are building India-specific models for early-growth and scaling companies: FulcrumQ’s Shefali Salwan

India is one of the most consequential markets for us, says Shefali Salwan, Founder of FulcrumQ, a global strategy and human capital advisory firm.

The Economic Times

CAG calls for use of data, tech to detect unfair practices in govt tenders

India should use data and technology to detect corruption and unfair practices in government tenders, with stronger coordination between the Comptroller and Auditor General of India and Competition Commission of India to identify collusion and protect public funds, Comptroller and Auditor General of India K. Sanjay Murthy said on Wednesday.

The Economic Times

Nepal embassy invites Indian content creators for sponsored trip; check eligibility and details

Nepal's Embassy in New Delhi is seeking Indian social media influencers for a special trip. Five content creators will be chosen to explore Nepal's beauty and culture. They will showcase mountains, temples, and local life through engaging digital content. This initiative aims to encourage more Indians to visit Nepal for…

The Economic Times

Rupee not just weak against dollar, falls over 10% in a year versus Pakistan's currency, Bangladesh Taka

Indian rupee vs Pakistan rupee: The Indian rupee has experienced a significant decline, not only against the US dollar but also against the Pakistani rupee and Bangladeshi taka. This weakening is attributed to rising oil prices and global market uncertainty, impacting overseas expenses for Indians and potentially widening the balance…

The Economic Times

Global funds ready for further Rupee weakness with 100 in sight

Global investors anticipate further depreciation of the Indian rupee, with some projecting a fall to 100 per dollar. This outlook is driven by rising oil import costs due to the US-Iran conflict and investor preference for the greenback. The rupee's decline has already eroded local gains for foreign funds, prompting…

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