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The Latest Breaking News from India

Why Tata Motors' Record Sales Couldn't Stop This Problem

At first glance, Tata Motors appears to be celebrating one of its strongest years ever. Record car sales, booming electric vehicle demand, and a growing market share paint the picture of a company firing on all cylinders. But beneath these impressive numbers lies a very different story. While Tata's domestic…

MyLifeXP

Gold rate today (June 18, 2026): Check 24k, 22k and 18k gold jewellery prices from Joyalukkas, Malabar Gold and Diamonds, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & other cities

Gold prices remained largely steady across major Indian cities on June 18, 2026, with 22k gold jewelry priced at Rs 13,895 per gram at Tanishq and Rs 13,850 per gram at other leading brands. The India Bullion and Jewellers Association (IBJA) reported a marginal decline in gold rates and a…

The Economic Times

$15 billion game-changer: Reliance Jio readies for a big bang in space

Reliance Jio is reportedly planning a massive 1,600-satellite low Earth orbit constellation, aiming for direct-to-device connectivity and extending its telecom dominance into space. This ambitious project, potentially costing $10-15 billion, seeks to bolster India's digital sovereignty and reduce reliance on foreign infrastructure, positioning Jio as a major global player.

The Economic Times

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How India sparred with Telegram days ahead of blocking the app

India's ban on Telegram stemmed from a dispute over alleged NEET exam paper leaks, with the government accusing the messaging platform of failing to proactively remove channels offering leaked papers and related scams. Documents reviewed by Reuters show weeks of exchanges between the IT Ministry and Telegram before New Delhi…

The Economic Times

Smallcap stock jumps 24% in a week as NSE stake could be valued at Rs 850 crore

Maithan Alloys shares saw a significant jump on Thursday. This rally follows the filing of the National Stock Exchange's draft prospectus for its initial public offering. Maithan Alloys holds a stake in NSE, which is now valued at approximately Rs 850 crore. The NSE IPO is expected to be India's…

The Economic Times

Gold imports fall to 25-30 tonnes/month from 70-100 tonnes after duty hike: Govt source

Gold imports into India have dropped sharply. The government's decision to increase import duty is proving effective. Higher gold prices and reduced jewellery demand also contributed to this trend. Increased global gold recycling is another factor. Official gold inflows have also moderated. The government is not pursuing gold monetisation due…

The Economic Times

Rupee’s oil relief capped by RBI's FX book, interest payment hedges, bankers say

The Indian rupee's upward surge encounters some obstacles. As the Reserve Bank of India gradually dissolves a hefty foreign exchange forward book, banks are also preparing for interest payments on foreign currency holdings. These maneuvers are likely to soak up dollar inflows, which could limit the rupee's rise. Analysts predict…

The Economic Times

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Indian High Commissioner to Singapore urges businesses to study Singapore's water sector innovations

Indian businesses are urged to study Singapore's water recycling and reuse innovations. This is crucial for drinking water, industrial water, and sewage treatment needs. As India advances in manufacturing and data centers, water management becomes more important. Collaboration with Singapore's water ecosystem offers new business opportunities. Indian companies are looking…

The Economic Times

Infosys, TCS, Wipro, other IT stocks fall up to 3% after Fed's hawkish tone. What's ahead?

Indian IT stocks, including Infosys and TCS, experienced a significant decline of up to 3% on Thursday. This downturn was triggered by a hawkish stance from the US Federal Reserve, which has increased expectations of a rate hike later this year. Concerns over reduced discretionary spending in North America, a…

The Economic Times

Stay invested, keep accumulating quality stocks: Neeraj Dewan

Easing crude oil prices have boosted sentiment for Indian equities, with experts recommending accumulation of quality stocks in financials, defence, infrastructure, and metals. Investors are advised to use market dips as buying opportunities, especially in mid and small-cap segments. While inflation and monsoon concerns persist, they are seen as chances…

The Economic Times

UKIBC hails India-UK trade pact rollout from July 15, says CETA to unlock new growth opportunities

The India-UK Comprehensive Economic and Trade Agreement, CETA, will become effective on July 15, 2026. This landmark deal opens new avenues for trade and investment between India and the United Kingdom. Businesses are encouraged to prepare for its implementation. The agreement is set to boost economic engagement and create employment…

The Economic Times

Tax-free income in India: 8 types of income you don’t need to pay any tax on

Tax-free income: Unlock tax savings with these eight income sources exempt from income tax in India. From agricultural earnings and provident fund withdrawals to gifts from relatives and insurance payouts, understand how to keep more of your money.

The Economic Times

Raamdeo Agrawal, Radhakishan Damani, Motilal Oswal, Dolly Khanna: The superstar investors sitting out the NSE IPO

While public sector entities like SBI cash in on decades-old NSE holdings for massive profits, prominent individual investors including Radhakishan Damani, Sunil Kant Munjal, and S. Gopalakrishnan are opting to retain their substantial stakes. LIC, NSE's largest shareholder, also remains a holdout, contrasting with other institutions realizing significant gains from…

The Economic Times

Novyte, Chemvera partner to create pathway for AI-driven material discovery

This collaboration leverages Novyte's AI engine for materials discovery and Chemvera's manufacturing expertise, creating an end-to-end India-based pathway for advanced materials.

The Economic Times

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The Economic Times

Does E20 petrol attract ants due to sugar residue? Here's what you need to know

India mandates E20 petrol from April 1, 2026. Viral claims suggest E20 attracts ants due to sugar. Bharat Petroleum Corporation Limited (BPCL) refutes this, calling it baseless. Fuel-grade ethanol undergoes purification, removing sugars. Denaturants in ethanol repel insects. BPCL confirms E20 petrol does not attract ants or insects around fuel…

The Economic Times

JBM Auto secures Rs 750 crore investment for e-bus deployment

JBM Auto's unit has secured a significant Rs 750 crore long-term investment from Motilal Oswal to deploy 2,000 e-buses and bolster India's sustainable public transit. This substantial capital infusion will accelerate the rollout of zero-emission fleets across key Indian cities, marking a major step in the nation's electric mobility transition.

The Economic Times

India-UK FTA levels the playing field for apparel exporters, says Pearl Global's Pallab Banerjee

India's apparel exports are set for a significant boost with the new UK Free Trade Agreement, finally removing a long-standing 10-12% tariff disadvantage against competitors like Bangladesh and Cambodia. Industry leaders anticipate improved price competitiveness, attracting fresh investments, increasing exports, and creating substantial employment opportunities across various garment categories.

The Economic Times

Rupee falls 21 paise to 94.71 against US dollar in early trade

The rupee depreciated 21 paise to 94.71 against the US dollar due to the US Federal Reserve's hawkish stance and a strong dollar index. Asian currencies also weakened, impacting the rupee. Meanwhile, positive sentiment emerged from reports of a US-Iran memorandum of understanding and ongoing trade talks between India and…

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The Economic Times

Japan's Asahi taps Varun Beverages to make India debut with 'CALPIS'

Japan's Asahi Group is bringing its CALPIS brand to India through a partnership with Varun Beverages Limited. This marks Asahi's entry into India's non-alcoholic, non-carbonated beverage market. Varun Beverages will handle manufacturing, distribution, and sales. CALPIS is expected to launch in India by the second half of 2026. The brand…

The Independent UK

Trump calls Modi ‘most beautiful man’ during press conference – while Indian PM takes no questions

The flattering comments from Trump come a week after India urges US to halt strikes on shipping following three attacks on ‌Indian-crewed tankers

The Economic Times

'Many people thought I was crazy': Former Delhi Police Sub-Inspector quits secure govt job to become real estate agent in Australia, here's how can you become a realtor in Oz

A former Delhi Police Sub-Inspector, Nishant Tomar, left a secure government job in India to pursue a career as a real estate agent in Australia. He shared his journey of starting from scratch, facing uncertainties, and building a successful career, inspiring many Indians abroad to embrace calculated risks for significant…

The Economic Times

NSE IPO Effect: New India Assurance shares rally 14% on plans to offload over 1 crore shares in blockbuster offer

New India Assurance shares surged over 14% following the National Stock Exchange's (NSE) filing of its Draft Red Herring Prospectus (DRHP) for its long-awaited Initial Public Offering (IPO). The government-owned insurer will offload over 1 crore shares as part of the offer-for-sale, with seven PSU shareholders divesting nearly 8 crore…

The Economic Times

RIL AGM 2026: Jio IPO and 4 other big bets Mukesh Ambani could unveil

Reliance Industries Chairman Mukesh Ambani is set to reveal major plans at the 49th annual general meeting. Investors anticipate updates on the Jio IPO, a significant $110 billion AI and data center blueprint, and progress on new energy giga complexes. Retail expansion and updates on the core Oil-to-Chemicals segment are…

The Economic Times

A weaker opposition, a stronger NDA: How new parliamentary arithmetic could make this monsoon session unlike any other

Monsoon Session 2026: Parliament's monsoon session faces internal opposition battles. Splits in Trinamool Congress and uncertainty in Shiv Sena (UBT), along with the Congress-DMK alliance breakdown, alter parliamentary numbers. This shift could empower the Modi government to advance key legislative goals. The government's support base may increase, making previously difficult…

The Economic Times

Andhra Pradesh govt to launch Amaravati quantum and AI innovation centre

Andhra Pradesh is launching the Amaravati quantum and AI innovation Centre with IBM. This initiative aims to create India's largest quantum problem-solving force. The centre will connect industry challenges with academic talent and global technology expertise. It will accelerate practical quantum computing applications. This effort involves 380 Quantum Innovation Cells…

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