The Latest Breaking News from India

7 Clauses to Read Slowly Before You Sign an Indian Rent Agreement

The Lock-In Period and Early Exit PenaltyMost agreements have a lock-in clause, typically six to eleven months, during which neither party can terminate without paying a penalty. The penalty is not standardised. Some landlords write it as two months' rent; others write it as the rent for the entire remaining…

Times Life · Oct 12

MEA condemns attacks on two vessels in Hormuz region, calls for de-escalation

The Ministry of External Affairs condemned drone attacks on two commercial vessels in the Strait of Hormuz. MT Petro Dolphin and MT Valthera were involved in separate incidents, leaving two Indian seafarers missing. Search-and-rescue operations for the missing personnel are actively being coordinated by authorities in Oman. Concerns over maritime…

The Economic Times · Oct 12

Retirement in India vs the US: How parents balance financial security, caregiving, and inheritance

In the US, parents tend to protect their assets for their own use in retirement, and choose to not spend it disproportionately on their children’s education or marriage. In India, there is a clear understanding that the assets accumulated by parents will be bequeathed by their children, for many of…

The Economic Times · Oct 12

Bangladesh party backs CJP stir, ex-Yunus aide seeks Modi's fall

DHAKA: Hardline Jamaat-e-Islami ally and NCP convener Nahid Islam, a key member of the July 2024 movement that led to Sheikh Hasina's ouster as Bangladesh PM, backed the CJP-spearheaded protests in New Delhi, while a former adviser to the erstwhile Muhammad Yunus-led interim govt said he was waiting to witness…

The Times of India · Oct 11

Go slow on rate hikes: Make capital accessible and affordable to drive investment and job creation

India is witnessing a notable increase in active companies, driven by the easing of regulations and lower capital costs. The government's fiscal consolidation has led to a reduction in the general government fiscal deficit, which has encouraged entrepreneurship. Despite these positive changes, there are concerns regarding the impact on job…

The Economic Times · Oct 11

Centre of forging partnerships

India's leaders are forging new international economic partnerships, particularly in technology, energy, and manufacturing sectors. The country is experiencing significant growth in renewable energy, further enhancing its energy security. Domestic investments are rising, with GIFT City attracting considerable international capital. Collaborations between government and business can lead to mutual benefits…

The Economic Times · Oct 11

India-UK trade deal to boost bilateral trade by £25.5 billion annually by 2040

Britain and India have officially inked the Comprehensive Economic and Trade Agreement, a major step towards deepening economic ties. The agreement aims to elevate bilateral trade by £25.5 billion annually by the year 2040. It encompasses initiatives focused on job creation, innovation, and cultural exchange, while also providing Indian students…

The Economic Times · Oct 11

Askhok Gehlot gives 'Delhi Chalo' call, announces march to Supreme Court over electoral 'irregularities'

Former chief minister Ashok Gehlot has rallied the youth of Rajasthan for a march to the Supreme Court, aiming to spotlight electoral irregularities and the stifling of protests. Concerns over purported vote theft during electoral roll updates have united opposition parties in a planned demonstration, where they'll seek to deliver…

The Economic Times · Oct 11

Abhishek Sharma, Arshdeep power India to 14-run victory over WI in 3rd T20I

Abhishek Sharma scored a quickfire 69 to help India post a total of 223. Arshdeep Singh's crucial three-wicket haul restricted the West Indies to 209 runs. India maintained their lead in the five-match T20I series with this victory. Despite a strong partnership between Abhishek and Ishan Kishan, India struggled in…

The Economic Times · Oct 11

CoreWeave Just Landed a Massive New AI Opportunity. Wall Street Sees 59% Upside Ahead.

CoreWeave is taking its AI infrastructure business into India with a 240-MW data center project while raising GPU prices and carrying a massive $104 billion backlog.

Barchart · Oct 11