The Latest Breaking News from India

Why Are Five Pinds Offered Before Cremation? The Truth Revealed

Have you ever noticed that during a Hindu funeral procession, the bier is stopped at different places and offerings of rice or flour balls known as pinds are made? For many people, these rituals appear to be ancient customs followed without question. Yet behind every stop and every offering lies…

MyLifeXP · Jul 2

Adani Enterprises, Odisha govt sign pact for Rs 1.08 lakh crore aluminium plant with IHC

Adani Enterprises is set to invest a massive Rs 1.08 lakh crore in Odisha for a new greenfield aluminium project, in partnership with Abu Dhabi's IHC. This significant venture aims to boost India's aluminium production by nearly 50%, featuring a large-scale refinery, smelter, and downstream park. The project, supported by…

The Economic Times · Jul 2

Hindu Succession Act: When a woman’s property may go to her husband's legal heirs before her own parents

Indian law governing a woman's property after her death without a will prioritizes her husband's heirs over her own parents. This outdated Hindu Succession Act, despite societal shifts where daughters are primary caregivers and financial supporters, leaves natal ties secondary to marital ones. While wills offer a solution, legislative reform…

The Economic Times · Jul 2

Carlsberg said to file for India IPO to raise $700 million

Danish brewer Carlsberg is reportedly preparing for a significant move in India, confidentially filing for an Initial Public Offering of its local unit. The potential listing aims to raise up to $700 million through a secondary share sale, with the offering possibly happening later this year. This development adds to…

The Economic Times · Jul 2

Japan an important part of India's Act East Policy: Commerce Minister Piyush Goyal

Commerce Minister Piyush Goyal emphasized Japan's crucial role in India's Act East Policy, highlighting joint efforts for a free and open Indo-Pacific alongside the US. India is actively addressing trade regulations with Japan to boost exports during Prime Minister Sanae Takaichi's visit, which focuses on enhancing trade, investment, and strategic…

The Economic Times · Jul 2

PM Modi, Japan PM Sanae Takaichi to jointly inaugurate Maruti Suzuki's 4th plant at Kharkhoda

Prime Minister Narendra Modi and his Japanese counterpart will inaugurate Maruti Suzuki's expansive new manufacturing facility in Kharkhoda, Haryana today. This state-of-the-art plant, a significant step in the 'Make in India' initiative, boasts advanced technology, a focus on sustainability with 100% renewable energy and water recycling, and aims to boost…

The Economic Times · Jul 2

A coastal city in the south is quietly powering India's AI future

Visakhapatnam is emerging as India's next AI infrastructure hub, attracting massive investments from tech giants like Google and Reliance. The city's strategic coastal location, coupled with potential for clean energy and robust industrial capabilities, makes it ideal for data centers and subsea cables, according to experts. This development, analysts say,…

The Economic Times · Jul 2

Zoho's Sridhar Vembu unveils new mission, nearly 6,000 km away from India

Zoho founder Sridhar Vembu is embarking on a mission to connect rural Indian and Japanese businesses, aiming to revive traditional craftsmanship. Vembu plans to partner with Japanese companies renowned for their precision manufacturing skills, drawing inspiration from his friend Britto, who has deep ties to Japan. This initiative seeks to…

The Economic Times · Jul 2

Mehli Mistry resigns from RNT Associates, Ratan Tata's investment office, media reports say

Long-time Tata Group associate Mehli K. Mistry has stepped down as a director from Ratan Tata's personal investment firm, RNT Associates. Mistry, who worked closely with the former Tata Sons chairman and is an executor of his will, cited other commitments for his departure. RNT Associates, established in 2009, has…

The Economic Times · Jul 2

Foreign inflows, lower oil prices help Indian bond traders look past US Treasury selloff

Indian government bonds saw gains early Thursday, defying a rise in U.S. Treasury yields. This positive movement was fueled by falling oil prices and increasing foreign investor interest, especially with the anticipation of inclusion in a Bloomberg bond index. Foreign investors have significantly boosted their bond purchases since June, driven…

The Economic Times · Jul 2