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The Latest Breaking News from India

Dollar pressure, PM’s appeal may shift Indian tourists towards domestic travel: Atul Thakkar

Indian outbound travel may see a temporary slowdown due to rising currency pressures and recent government remarks, prompting travellers to reconsider overseas holidays. Experts anticipate behavioural shifts rather than regulatory action, with a potential pivot towards more affordable ASEAN destinations. AI is also poised to disrupt travel aggregators, shifting consumer…

The Economic Times

PM Modi wants Indians to buy less gold but jewellers suggest three ways to save forex without any sacrifices

Amidst calls to conserve forex, the All India Jewellers and Goldsmith Federation proposed a dedicated bullion bank and revamped gold monetisation schemes. These initiatives aim to reduce India's annual gold import dependence by 200-300 tonnes. High gold imports, driven by price surges, have significantly widened the trade deficit and impacted…

The Economic Times

Andaah targets Rs150 crore ARR within two years of operations; expands to 127 cities across India

The company has already achieved 5x revenue growth and remains profitable since its inception. Backed by Simran Group and strategic investor Gautam Fatehpuria, Andaah is expanding its reach across India.

The Economic Times

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6 Rare Purple Birds In India That Look Unreal

Not every beautiful bird in India is brightly red or brilliantly blue. Some hide in forests, wetlands, and silent valleys wearing shades of deep violet, metallic purple, and glowing indigo that almost look unreal in sunlight. The strange part is that many people walk past them without even noticing. But…

Times Pets

Google down? Thousands report ‘server error’ as search stops working; Check the outage reason here

Google down: Google experienced a sudden outage for thousands of users on Tuesaday morning, with users across India reporting “server error” messages and issues loading Search results. Downdetector showed a sharp spike in complaints as frustrated users rushed to social media wondering whether the internet’s most-used search engine had crashed.

The Economic Times

Gold stocks still overvalued despite market correction: Aditya Shah

Indian markets experienced volatility as geopolitical tensions and rising fuel prices fueled investor caution, leading to a shift towards defensive sectors. Despite near-term range-bound trading, long-term opportunities are seen in select sectors, though gold stocks and capital goods face valuation concerns.

The Economic Times

SBI margins drag PSU banks, but private banks set for comeback: Pranav Gundlapalle, Bernstein

State Bank of India's margin drop was a key event. Analysts suggest the worst may be over for banks. Private sector banks are expected to perform well in FY27. Foreign investor flows are seen as a key factor for stock performance. HDFC Bank and Axis Bank are top picks. Paytm…

The Economic Times

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Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?

Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff followed OpenAI’s launch of its Deployment Company, renewing fears of accelerated AI-led disruption. Weak sentiment persisted despite a record-high Wall Street rally and a weaker rupee.

The Economic Times

India's gold imports: How it impacts our economy | An explainer

India's gold imports are at an all-time high, reaching USD 71.98 billion in 2025-26. This surge is driven by increased prices and trade agreements. High imports pressure India's trade deficit and foreign exchange. The government is reviewing trade policies to curb these imports and protect reserves.

The Economic Times

India's gold import: How it impacts our economy | An explainer

India's gold imports are at an all-time high, reaching $71.98 billion in 2025-26. This surge is driven by increased prices and trade agreements. High imports pressure India's trade deficit and foreign exchange. The government is reviewing trade policies to curb these imports and protect reserves.

The Economic Times

PM Modi doesn't want you to buy gold for next 1 year. A bigger crash on the cards?

Prime Minister Modi urged Indians to avoid buying gold for a year, a move seen as an attempt to protect foreign exchange reserves amidst global uncertainty and rising crude oil prices. While jewellery stocks saw a knee-jerk reaction, experts believe the appeal may cause temporary caution rather than alter India's…

The Economic Times

Meet the Bengaluru techie couple who swam 32 km from Sri Lanka to India via the Ram Setu route in 11 hours; here's how they did it

Bengaluru couple Danish Abdi and Vrushali Prasade made history by completing a 32-kilometer open-water swim from Sri Lanka to India across the Palk Strait. They navigated rough seas for 10 hours and 45 minutes, reaching Dhanushkodi. Their remarkable feat, achieved with strict safety measures, has garnered widespread admiration for their…

The Economic Times

Impressed Sachin Tendulkar stops luxury car to see kids 'desi car', says big things come in small packages, 'bas mauka milna chahiye'

Cricket legend Sachin Tendulkar shared a video of their handmade ride. The clip went viral, highlighting rural Indian talent and creativity. Many praised the children's ingenuity, calling it a prime example of 'jugaad'. The incident serves as a reminder of the abundant talent found in India's villages.

The Economic Times

Beyond mutual funds: How SIFs are redefining mid and smallcap investing

India's investment landscape is evolving with the introduction of Specialised Investment Funds (SIFs). These funds offer mutual fund-like regulatory discipline and tax efficiency while providing PMS-like flexibility for strategies such as long-short and dynamic exposure. This new structure aims to navigate the opportunities and risks in mid- and small-cap segments.

The Economic Times

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The Economic Times

Quadria-backed Nobel Hygiene said to plan $300 million India IPO

Nobel Hygiene, a hygiene products manufacturer backed by Quadria Capital, is exploring an initial public offering in India that could raise up to $300 million. The company has begun preliminary discussions with investment banks regarding a potential listing. The proposed IPO may involve both new share issuance and secondary sales…

The Guardian - UK

‘It’s like a trans-Barbie world!’: the Indian festival where transgender women can celebrate without fear

The annual gathering at Koovagam is rooted in an ancient poem. Five trans attendees talk about what the event means to them in light of a controversial change to the country’s gender recognition law

The Economic Times

Can Reliance Jio's fresh-issue play restore faith in India's billion-dollar IPOs?

Reliance Jio may change its IPO plan. Instead of existing investors selling shares, it could be a fresh issue. This means money goes directly into Jio Platforms for debt reduction and expansion. This move could restore investor faith in large Indian IPOs. It might set a new standard for future…

The Economic Times

Rupee hits record low of 95.55 as fraying US-Iran ceasefire keeps oil prices on the boil

The rupee has reached its lowest point ever against the US dollar. This decline is driven by investor concerns over escalating conflict in the Middle East. The situation has led to a surge in oil prices. This development poses economic challenges for India, which imports most of its energy needs.…

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The Economic Times

Chasing US tech stocks? Aashish Somaiyaa says India and emerging markets look more attractive now

Aashish Somaiyaa, CEO of White Oak Capital, believes selective stock picking is key in the current market. He sees India's recent flat performance as a strategic entry point. Global investors should look beyond US tech towards emerging markets. The market faces near-term challenges from geopolitical events and energy prices. Somaiyaa's…

The Economic Times

Don't go all in right now; Systematix bets on PSU banks, IT, and defence, avoids realty and jewellery

Geopolitical tensions necessitate a disciplined, diversified investment approach, according to Systematix Group's Nikhil Khandelwal. He advises a staggered capital deployment over three to six months, emphasizing crude oil and the rupee as key variables. Khandelwal favors PSU banks, IT, and capital goods for their resilience and valuation, while cautioning against…

The Economic Times

You need nearly Rs 7 crore to raise a child in an Indian metro: Oxford trained financial advisor's viral video sparks debate

Raising a child in an Indian metro city could cost Rs 6.75 crore over 21 years. Financial advisor Udayan Adhye highlights education inflation and lifestyle expenses as major factors. This estimate includes private schools, coaching, healthcare, and vacations. The figure varies based on lifestyle and city.

The Economic Times

Ambani’s Cola war with Coke, Pepsi spurs fridge bonanza in India

India’s cola war between Reliance’s Campa Cola, Coca-Cola and PepsiCo is unexpectedly boosting sales of commercial refrigerators, as beverage giants aggressively install coolers across small retail stores to expand market share.

The Economic Times

Consumer appliance manufacturer Mekr Technologies raises Rs 67 crore from Avaana Capital, Titan

Mekr Technologies, a consumer appliance startup, has secured Rs 67 crore in funding. This capital will boost manufacturing capacity and expand exports of Indian-made home and kitchen appliances. The company aims to reduce import dependency by indigenizing product manufacturing. Mekr partners with major brands, handling design, engineering, and assembly. This…

The Economic Times

Will Airtel deliver another strong quarter? Analysts see stable ARPU, healthy subscriber additions in Q4

Bharti Airtel is poised for another solid quarter. Analysts predict steady subscriber growth and consistent revenue. The company's broadband segment is expected to perform strongly. Mobile ARPU is likely to remain stable. Investors will watch for updates on tariff hikes and 5G monetization. Airtel's operational momentum is expected to continue…

The Economic Times

Petrol, Diesel prices today hiked? Check the latest rates in Delhi, Mumbai, Kolkata and other cities as OMCs bleed Rs 1,000 crore per day

Petrol, Diesel prices today (May 12): Petrol and diesel prices remained steady on May 12, 2026, despite rising concerns over India's energy security and escalating crude oil prices. The government is absorbing daily losses to shield consumers, while urging citizens to curb fuel consumption amid Middle East tensions. India maintains…

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