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The Latest Breaking News from India

I came back from India with a metre-long tapeworm and 38 brain parasites – doctors didn’t know what to do

Lowri Denman, 42, battled a decade of seizures, psychosis and uncertainty about her future

The Independent UK · Jul 1

India's economic plot twist comes with one villain stepping aside, another waiting

India's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists to raise GDP growth forecasts. But the optimism comes with fresh risks, including an uneven monsoon, food inflation, geopolitical tensions in West Asia and uncertainty over global commodity prices, making…

The Economic Times · Jul 1

Kerala Cricket Association revokes Sreesanth's ban

Former India cricketer S Sreesanth's three-year ban by the Kerala Cricket Association has been lifted. The decision came after Sreesanth submitted an unconditional apology for remarks that had brought disrepute to the association. This revocation allows him to continue as co-owner of the Aries Kollam Sailors franchise in the Kerala…

The Economic Times · Jul 1

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Homegrown AlphaGrep takes on Jio BlackRock with India Algo Funds

Over the next 18 months, AlphaGrep Investment Management Pvt plans to unveil about half a dozen mutual funds, Chief Executive Officer Bhautik Ambani told a press conference Tuesday. On July 6, it will launch the first fund, a dynamically managed multi-asset fund investing across equities, fixed income and commodities.

The Economic Times · Jul 1

India's biggest long-term challenge is creating productive jobs, harnessing demographic dividend: BofA's Rahul Bajoria

India's primary long-term hurdle is generating enough productive jobs to harness its demographic advantage, according to Bank of America's Rahul Bajoria. He highlighted underemployment as a significant concern, urging a collaborative, decade-long effort from government, private sector, and households. Bajoria also noted that while AI presents challenges, proactive responses can…

The Economic Times · Jul 1

India's June crude imports hit record high as Russian supplies surge despite West Asia tensions

India's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidified its role as the top supplier. This surge underscores India's robust supply chain resilience amidst global geopolitical tensions. Analysts highlight proactive diversification and procurement strategies as key to…

The Economic Times · Jul 1

IT growth vectors "clearly missing"; EV capex pullback hits ER&D players: Mayuresh Joshi

India's IT and ER&D sectors are navigating a structural slowdown, with EV capex cuts impacting companies like KPIT. Near-term macro risks, including geopolitical tensions and inflation, cloud the outlook. Metals face price pressure from increased supply, though low inventories offer future potential. Kotak's Standard Chartered deal appears fairly priced, but…

The Economic Times · Jul 1

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'You don't need a degree': He got into IIT Delhi, then walked away from it for Microsoft. This 19-year-old's career move is going viral

A 19-year-old has bypassed IIT Delhi's prestigious academic path for a software engineering role at Microsoft. Ashish Kumar Verma, already a Google Developer Expert, believes practical building and output are paramount in tech, not just degrees. His decision highlights a growing trend among India's Gen-Z, prioritizing real-world experience and direct…

The Economic Times · Jul 1

Could've stayed as janitor but...: Man once told his 'thick Indian accent' would never get him a job is now CEO in US

A viral clip highlights Sharran Srivatsaa's inspiring journey from a US janitor to a successful entrepreneur. Facing initial rejection due to his accent, Srivatsaa taught himself to speak fluently by listening to Tony Robbins tapes while working. His story, confirmed by Srivatsaa himself, emphasizes perseverance and proves that one's starting…

The Economic Times · Jul 1

NPCI partners with HSBC India & JP Morgan Payments to enable real-time FX settlement for international UPI payments

India's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Payments to enable real-time foreign exchange conversion and faster settlement for international UPI transactions. This move promises Indians traveling abroad more transparent pricing and quicker payments, enhancing…

The Economic Times · Jul 1

England feels like home away from home, says MCC life member Cheteshwar Pujara

Cheteshwar Pujara, recently awarded MCC life membership, revealed England feels like home despite his stellar Australian record. He cherishes his time playing county cricket and the unique aura of Lord's, even without a Test century there for India. Pujara found batting at Lord's challenging due to the pitch and slope…

The Economic Times · Jul 1

Beyond refunds: Why GST 2.0 is a growth enabler for MSME exporters

Liquidity alone won’t close the credit gap that most Indian MSME exporters face. This is where GST 2.0 has its most underappreciated impact—the ability to turn compliance into capital access.

The Economic Times · Jul 1

TMC Transformers files DRHP with Sebi for Rs 550 crore IPO

TMC Transformers is set to launch an Initial Public Offering (IPO) aiming to raise up to Rs 550 crore. The funds will primarily finance a new Extra High Voltage transformer manufacturing facility in Gujarat. The company, a leader in specialized traction transformers for Indian Railways, boasts impressive revenue growth and…

The Economic Times · Jul 1

Germany introduces Digital Master Assessment Test for Indians applying for Master's programmes

Indian graduates aiming for Master's degrees in Germany will face a new hurdle from 2026. The Digital Master Assessment Test (dMAT) will become a mandatory part of the APS verification process. Developed by German universities, this digital exam assesses both general academic aptitude and subject-specific knowledge, with results reported in…

The Economic Times · Jul 1

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The Economic Times · Jul 1

CA Day 2026: Why is it celebrated on July 1? Know history, this year's theme, motto

CA Day: July 1 marks the 77th anniversary of the Institute of Chartered Accountants of India (ICAI), the world's second-largest accounting body. Established in 1949, even before India's Constitution, ICAI plays a crucial role beyond tax filing, guiding businesses through complex financial landscapes. Its motto, "the one who is awake…

The Economic Times · Jul 1

'He'll be up': Trump wanted to ring 'friend' PM Modi at 6 am; US envoy recalls backstage moment

US Ambassador to India Sergio Gor highlighted the personal friendship between President Trump and Prime Minister Modi, recalling Trump's eagerness to call Modi at 6 am India time. Gor emphasized that this rapport is a key driver of the strong US-India relationship, which both leaders are committed to strengthening across…

The Economic Times · Jul 1

Digital India has given India new identity worldwide: PM Modi

Prime Minister Narendra Modi celebrated 11 years of Digital India, highlighting its transformative impact on governance, citizen empowerment, and national development. He emphasized how the initiative has fostered innovation across India, particularly in rural areas, and strengthened key sectors like education and healthcare. Digital India's success has positioned India as…

The Economic Times · Jul 1

'Built for parents, not students': Ankur Warikoo's take on why most Indian EdTech companies struggled

Entrepreneur Ankur Warikoo has ignited a discussion on India's EdTech sector, asserting that many companies prioritized parents over students, leading to sales-driven approaches instead of product development. He highlighted that successful firms now focus on the actual learner, building trust for long-term retention. This perspective resonates with users concerned about…

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The Economic Times · Jul 1

Adani Green surpasses 20 GW renewable energy capacity, first in India to hit milestone

Adani Green Energy has achieved a landmark 20 GW of operational renewable capacity, the first in India to do so via greenfield development. This significant feat, accomplished within a decade, generates enough clean electricity annually to power nearly 3% of India's needs. The company's expanding portfolio, including solar, wind, and…

The Economic Times · Jul 1

GST collections rise 13.9% to Rs 1.95 lakh crore MoM in June

India's GST collections surged by nearly 14% to Rs 1.95 lakh crore in June 2026, marking a significant year-on-year increase. This robust growth was primarily fueled by a substantial 34.6% jump in import revenues, alongside a healthy 6.5% rise in domestic GST collections.

The Economic Times · Jul 1

Beyond Sectors: Independent categories recognising India's cross-border leaders

The Independent Categories at the Payoneer India Cross-Border Excellence Awards 2026 recognise businesses creating global impact beyond industry boundaries. From D2C brands to global employers and women-led enterprises, the awards offer national recognition, enhanced visibility and an opportunity to benchmark excellence in India's cross-border economy.

The Economic Times · Jul 1

Ola Electric nearly doubles QoQ registrations in Q1 FY27; June vehicle tally rises to 16,144

Ola Electric witnessed a significant surge in electric two-wheeler registrations, nearly doubling in the April-June quarter to 43,719 units. This impressive growth, driven by enhanced retail operations and better product availability, marks a strong sales momentum. The company attributes this success to its operational improvements and popular product range, anticipating…

The Economic Times · Jul 1

India bonds rise as index-entry hopes counter rise in US yields

Indian government bonds saw gains as anticipation of Bloomberg index inclusion and improved liquidity bolstered prices. Despite higher U.S. yields and rising oil due to geopolitical tensions, traders are optimistic. Foreign investors have significantly boosted purchases of Fully Accessible Route bonds, driven by expectations of their inclusion in global indices.…

The Economic Times · Jul 1

Tourists soldier on in Rome despite heatwave

Europe's scorching heatwave is forcing tourists to reconsider their travel plans, with many finding Rome's 36C temperatures unbearable, even with misting machines. Visitors from India and the US, accustomed to air-conditioned environments, are struggling, with some considering visiting during cooler shoulder seasons. The extreme heat is impacting everyone, from families…

The Economic Times · Jul 1

Zee Entertainment shares jump 6% after Rs 418 crore FDI approval

Zee Entertainment shares jumped after receiving government approval for a Rs 418 crore foreign investment from an Invesco-managed fund. This marks the fund's return to ZEEL's shareholder base after a previous exit. The investment comes as the company navigates challenges in its broadcasting business but sees improvements in its digital…

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