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The Latest Breaking News from India

SMPP, KNDS forge India partnership for next-generation loitering munitions

Indian defence firm SMPP and European giant KNDS have teamed up to manufacture advanced loitering munitions in India. This collaboration aims to boost India's defence production under the Make in India initiative. The partnership will initially supply the Indian Army with precision strike systems. It includes technology transfer and indigenous…

The Economic Times

From 2014 to Kota: Why Rahul Gandhi is wrong about the IAS exam again

The retreating winter morning of February 11, 2014, began unusually in Mukherjee Nagar, one of Delhi’s hubs for civil services aspirants. Some young and some not-so-young candidates boarded buses to 12, Tughlaq Lane. They had come to thank Rahul Gandhi for his intervention in securing two extra attempts at the…

Newslaundry

Aaron Raphael: This 8-year-old from Bengaluru is being called the next Ronaldo or Messi, with Neymar also being his fan

Young Indian footballer Aaron Raphael is making waves globally. He won Toni Kroos' KickInto22 challenge with a skillful video. This achievement has drawn attention from football stars. Raphael's journey from Bengaluru FC to international recognition highlights his potential. He is seen as a bright future for Indian football. His talent…

The Economic Times

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Beyond destinations: Why employability trumps all for ambitious Indian students

Indian students and their families are now prioritizing return on investment and career outcomes over institutional prestige when choosing to study abroad. This pragmatic approach, driven by access to information, is leading to a rise in outcome-driven education choices, particularly from Tier 2 and Tier 3 cities.

The Economic Times

First desi BrahMos warhead delivered by private facility in Nagpur

India is set to deliver its first indigenous BrahMos missile warhead from Nagpur, a major stride in defence self-reliance. This development, a result of DRDO technology transfer to the private sector, aims to reduce dependence on foreign suppliers for this critical component. The warhead will undergo rigorous testing before induction,…

The Economic Times

How One Small Change Is Transforming TB Detection

What if one of India's biggest healthcare challenges could be tackled without a new medicine, expensive technology, or massive funding? What if the answer was something surprisingly simple? Across villages, towns, and cities, healthcare workers are discovering a quiet but powerful way to help people get screened for tuberculosis (TB).…

MyLifeXP

Rupee posts longest winning run in a year on exporter flows, bank dollar sales

The Indian rupee strengthened against the U.S. dollar for the fifth day straight, marking its longest rally in a year. Lenders and exporters aggressively reduced their dollar holdings. The rupee closed higher, recovering from an initial dip. This upward movement was driven by fixing-related selling and strong exporter support. Declining…

The Economic Times

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Haldiram's new diner to bring mithai, namkeen to London's Leicester Square

Haldiram's is launching its first UK restaurant in London's Leicester Square next Thursday. The eatery aims to introduce Indian sweets and snacks to a wider audience. Rhea Agarwal, leading the expansion, blends traditional tastes with modern touches. The restaurant will offer vegan options and affordable prices. This marks a significant…

The Economic Times

Over one-third of entry-level tasks in India done by AI, finds Cognizant-Pearson study

AI is now performing nearly 37% of entry-level tasks in India, exceeding the global average. HR leaders anticipate entry-level roles will evolve to supervising AI systems within five years, with AI also expected to create new job categories. Organizations are increasingly focusing on AI skills for all roles, enabling employees…

The Economic Times

Chinese FM Wang Yi to visit India for high-level BRICS meet

China's Foreign Minister Wang Yi is set to visit India for the 16th BRICS National Security Advisors meeting. This visit underscores ongoing diplomatic efforts to stabilize bilateral ties, following previous discussions on border issues and broader relations. The engagement aims to foster cooperation and manage differences between the two Asian…

The Times of India

Flying internationally with Air India? Here's what you should know about the new ‘Easy Connect’ rule

Air India launches Easy Connect to simplify international travel. Passengers can complete some formalities at their origin airport. This initiative begins in Varanasi and will expand to other cities. The program streamlines check-in and immigration for shorter connections. Travelers must follow specific guidelines, including DigiYatra registration for Indian passport holders.…

The Economic Times

PetroChina, Indian Oil fail to secure tankers to load Iraqi crude

PetroChina and Indian Oil faced difficulties securing tankers for Iraqi crude. PetroChina and Indian Oil Corp could not find vessels. Sinochem is searching for a tanker. High shipping rates and transit concerns persist. This follows an interim deal between the United States and Iran. Indian Oil Corp declared force majeure…

The Economic Times

India's C&I energy storage market to expand to 22-31 GWh by 2032: IESA

India's commercial and industrial energy storage market is set for significant expansion. Projections show growth from under 1 GWh in 2025 to an estimated 22-31 GWh by 2032. This surge is fueled by increasing electricity costs and the widespread adoption of renewable energy sources. Reliable power and decarbonisation goals also…

The Economic Times

Brent crude expected at USD 90-95/barrel, raising India's CAD risk: Crisil

India's current account deficit is projected to widen significantly. Higher crude oil prices are expected to drive this increase. This will put pressure on the economy. Experts anticipate Brent crude to average between USD 90-95 per barrel this fiscal. This is a substantial rise from previous levels. The deficit is…

The Economic Times

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The Economic Times

India weighs extending 40-product import duty exemption beyond June 30 amid West Asia tensions

The government will decide on extending import duty exemptions for 40 products after June 30. This decision hinges on the evolving situation in West Asia and its impact on cargo movement. Revenue implications for the government are also a key consideration. The current exemption was put in place to support…

The Economic Times

India-UK trade deal to offer export benefits from day-one; steel issues addressed: Govt Sources

The landmark India-UK Comprehensive Economic and Trade Agreement (CETA) will come into force from July 15, 2026, with the government working to ensure that customs notifications and related processes are put in place so that exporters can start availing concessions from day one, senior government sources told ANI.

The Economic Times

India treads cautiously as Trump seeks fresh start with PM Modi

US President Donald Trump and Prime Minister Narendra Modi struck a friendly tone during their first face-to-face meeting in over a year, with Trump calling Modi a long-time friend and a tough trade negotiator despite his calm demeanor.

The Economic Times

India to allow import of 3.78 lakh UK cars at concessional duty in first 15 years of trade pact

India will allow imports of up to 3.78 lakh conventional-engine passenger cars from the UK at concessional duties under a new trade pact starting July 15. Import duties will fall from 110% to 10% with quotas, while Indian electric and hybrid cars will gain duty-free access to the UK market…

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The Economic Times

India-UK social security pact to benefit 90-95% of Indian professionals in Britain

A new social security agreement between India and the UK, effective July 15, will benefit 90-95% of Indian professionals working for Indian companies in Britain. This pact exempts temporarily transferred employees from host country social security contributions for up to five years, reducing costs for firms and boosting Indian service…

The Economic Times

Bata India appoints Sanjay Rao as MD & CEO

Bata India has announced Sanjay Rao will take over as Managing Director and Chief Executive Officer effective on August 24, 2026. He replaces Gunjan Shah. Rao brings over two decades of retail and consumer leadership experience from international markets. Bata Group sees India as a key growth market. Rao's appointment…

The Economic Times

Anand Mahindra couldn't stop watching this 15-cent cigarette lighter video; What it revealed holds lessons for building the next Apple or Tesla in India

Anand Mahindra says a 15-cent disposable lighter made in China's Shaodong manufacturing hub offers a valuable lesson in industrial competitiveness. Highlighting how specialised suppliers clustered in one region drive efficiency and innovation, he argues that India should actively develop similar manufacturing ecosystems, such as Gujarat's Morbi ceramic cluster, to strengthen…

The Economic Times

BMW to launch 27 products in India this year, eyes No. 1 spot

BMW Group India is launching 27 new models this year, aiming to solidify its position as the top luxury carmaker. The company is focusing on expanding its portfolio and meeting customer demand, expecting strong double-digit growth. MINI sales are also projected to significantly increase, with plans for network expansion.

The Economic Times

Global energy transition readiness dips, India among top gainers: WEF

Global energy transition readiness has declined for the first time in over a decade. Geopolitical risks are a major factor. However, India has registered one of the strongest improvements. India advanced two places to rank 70th on the World Economic Forum's Energy Transition Index 2026. This progress is attributed to…

The Economic Times

The 'Indo' exit: Pentagon's PACOM reset raises questions about India's place in Trump's Asia calculus

Washington's decision to rename the US Indo-Pacific Command back to Pacific Command has sparked debate over India's strategic importance. Despite assurances from President Trump, analysts view the move as a symbolic downgrading, occurring amidst existing bilateral friction and concerns about US policy in Asia.

The Economic Times

Extended summer may lift AC sales, but growth likely to fall short of expectations: Praveen Sahay

India's room air conditioner market anticipates a boost from an extended summer and El Niño, though growth is tempered by conservative dealer inventory stocking. While retail demand has been strong, lower primary sales to dealers have capped overall industry expansion, impacting expected growth figures.

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