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The Latest Breaking News from India

Adani Green Energy shares can rally up to 23%. Why Axis Capital, Elara initiated coverage

Brokerages Axis Capital and Elara Capital initiated coverage on Adani Green Energy, citing its ambitious plan to expand renewable energy capacity to 50 GW and strong long-term growth prospects. The firms see up to 23% upside, backed by robust capacity additions, improving cash flows and India's accelerating clean energy transition.

The Economic Times

L&T bags major offshore orders worth Rs 5,000-10,000 crore from ONGC for pipeline replacement

Larsen & Toubro has secured significant offshore orders from ONGC. These orders are valued between five thousand and ten thousand crore rupees. The projects involve pipeline replacement and well head platforms off India's west coast. L&T Energy Hydrocarbon Offshore will execute these critical engineering projects. This reaffirms L&T's role in…

The Economic Times

Ashmita Chaliha, Rakshitha Ramraj book Korea Masters Super 300 semifinal showdown

Ashmita Chaliha and Rakshitha Ramraj advanced to the Korea Masters semifinals. Chaliha secured a significant upset against top seed Hina Akechi of Japan. Ramraj overcame a game deficit to defeat compatriot Tanvi Sharma in a tough match. Both Indian players displayed resilience and skill in their respective quarterfinal victories. They…

The Economic Times

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AI safety: India must keep humans in the loop, prevent exclusion, says CEA Nageswaran

Chief Economic Adviser V Anantha Nageswaran stressed proactive AI safety and security in finance. He warned AI must not foster financial exclusion and humans must remain involved. Fintech aids economic adoption, especially for SMEs and retail personal finance. Sustained cross-border payment growth depends on expanding trade volumes.

The Economic Times

India to launch PLI scheme for polysilicon manufacturing to cut import dependence on China

India plans a new incentive scheme for domestic polysilicon production. This move aims to reduce reliance on imported solar materials. The government seeks to build an integrated solar manufacturing ecosystem. India targets 500 gigawatts of non-fossil fuel power by 2030. This initiative will boost clean energy ambitions and industrial competitiveness.

The Economic Times

RBI's FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billion

The Reserve Bank of India's deposit scheme has attracted significant foreign currency inflows. This scheme is expected to mobilize up to one hundred billion dollars by its closing date. These inflows are helping to stabilize the Indian rupee after a period of weakness. Additionally, tax-free government bonds are attracting foreign…

The Economic Times

81% of Indian students plan to return home after studying abroad, survey finds

Most Indian students studying abroad plan to return home after their education. Nearly nine in ten respondents were first-generation overseas learners. Self-motivated applicants are steadily increasing, while family influence is declining. Postgraduate business and management programs remain the most popular choices. Google searches and education agents are key sources for…

The Economic Times

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FSSAI penalises AWL Agri Business for substandard fortified Fortune sunflower oil sold in Goa

India's food regulator FSSAI has penalized AWL Agri Business Ltd for selling substandard oil. A sample of Fortune Fryola refined sunflower oil failed lab tests for Vitamin D. The company's appeal confirmed significantly lower Vitamin D levels than prescribed. FSSAI imposed a penalty on AWL Agri Business Ltd for these…

The Economic Times

No Indian umpire at Hockey WC after 28 years, veterans blame on structured pathway

For the first time since 1998, India will not field any umpires or technical officials at the upcoming Hockey World Cup. Former officials highlight the absence of a structured development framework and inadequate international experience for aspiring umpires. The sport suffers due to poor financial stability and a lack of…

The Economic Times

Xiaomi India launches Mijia sub-brand, plans big push into home appliances

Xiaomi India is launching its Mijia sub-brand for home and lifestyle products. This move aims to diversify the company's offerings beyond declining smartphone shipments. The company plans to enter the large home appliances segment with local manufacturing partners. Mijia will join Xiaomi, Redmi, and Poco in the brand portfolio.

The Economic Times

After centuries in India, the last Cochin Jews try to keep their history alive

Kochi's historic Jew Town now has only two remaining Jewish congregants. These individuals strive to preserve their community's centuries-old heritage and traditions. Many Jews migrated to Israel in the 1950s, leaving behind their homes. Non-Jewish neighbors now actively work to maintain the Jewish culture and history. These preservation efforts ensure…

The Economic Times

Hormuz uncertainty pushes landed costs up to 50%, raising risk of higher consumer prices

The escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in freight rates and additional war-risk charges are complicating overall costs, which are now trickling down to consumers.

The Economic Times

Jefferies' Chris Wood sells HDFC Bank, PB Fintech shares to buy 2 new stocks

Jefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB Fintech's PolicyBazaar in favor of Multi Commodity Exchange of India (MCX) and eyewear retailer Lenskart Solutions. The move, detailed in his GREED & fear report, signals a shift toward exchange infrastructure and consumer retail plays.

The Economic Times

Indian bonds buckle under oil spike, fresh debt sale

Indian government bonds declined early Friday, reversing some weekly gains. Higher oil prices and global rate fears impacted investor sentiment before a large debt sale. New Delhi plans to raise 320 billion rupees through bond auctions later today. The benchmark Brent crude contract saw a significant price increase since Tuesday.…

The Economic Times

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The Economic Times

India, which once couldn't make smallpox vaccine, has now crossed a pharma milestone the world can't ignore

2026 Independence Day: India's pharmaceutical industry marks a historic milestone with a new drug approval. This achievement reflects decades of growth from importing medicines to global leadership. The nation now supplies a significant portion of the world's generic medicines and vaccines. The Covid-19 pandemic further showcased the industry's manufacturing capabilities…

The Economic Times

India, China hold 36th WMCC talks, underline peace along LAC vital for bilateral ties

India and China held their 36th border consultation meeting in New Delhi. The two nations reviewed the situation along the Line of Actual Control. Maintaining peace in border areas is essential for overall bilateral relations. Both sides agreed to use existing diplomatic and military channels for resolution. Discussions also covered…

The Economic Times

Vivo S2 launched at Rs 39,999: Check price, camera, battery, specs, sale date and offers

Vivo has launched its S2 smartphone in India with advanced cameras. The device features a 50MP Sony main camera and a 32MP selfie camera. It boasts a 7050mAh battery and a powerful MediaTek Dimensity 7360 Turbo processor. The phone runs OriginOS 6 based on Android 16 with AI capabilities. Vivo…

The Economic Times

Four Indian Grandmasters eye Esports World Cup glory in Paris

Four Indian Grandmasters will compete against Magnus Carlsen at the Esports World Cup. Nihal Sarin, Aravindh Chithambaram, and Pranesh M represent S8UL Esports. Arjun Erigaisi competes for Gen.G Esports, aiming for prize money. Indian participation has doubled this year, marking a significant presence. The tournament features a revised two-phase format…

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The Economic Times

Siemens Energy India shares jump 7% after strong Q1 results. Should you buy, sell or hold?

Siemens Energy India shares surged over 7% after the company posted a robust June 2026 quarter, with net profit jumping 68% year-on-year and revenue rising nearly 40%. Encouraged by strong execution, a healthy order backlog and long-term growth prospects, Motilal Oswal retained its 'Buy' rating and raised the target price…

The Economic Times

Indian-American Community to host grand Independence Day celebrations in Boston

The Foundation of Indian-Americans will host the fifth International India Day Parade on August 9. This significant event will celebrate India's Independence and the strong US-India friendship. The parade will feature numerous floats, cultural programs, and community organizations. Colonel Inder Preet Singh and US Navy Specialist Maggie Lehman will serve…

The Economic Times

IND vs SL Test Series 2026 Squad: When and where to watch India vs Sri Lanka matches, full team list, schedule and live streaming details as warm-up match begins today

India vs Sri Lanka Matches: Fans from India and Sri Lanka eagerly await a thrilling red-ball series set to commence this month. India aims to maintain its impressive unbeaten streak against Sri Lanka, a record dating back to 2008. A four-day practice match in Colombo will precede the Tests, ensuring…

The Economic Times

Ind vs SL: Shubman Gill suffers finger injury, misses Day 1 of India's warm-up match ahead of Sri Lanka Tests

India captain Shubman Gill will miss the first day of the warm-up match due to a finger injury. The BCCI medical team is monitoring his progress as a precautionary measure. This practice game is India's sole competitive outing before the Test series. The team aims to adapt to local conditions…

The Economic Times

GTA 6 release date in India for PC: Is Grand Theft Auto VI coming to PC? What we know so far

Rockstar Games will reveal an extended look at Grand Theft Auto 6 on August 28. The highly anticipated game is officially slated for a November 19, 2026 console release. Indian PC players are still awaiting an official announcement for their platform. This extended look will offer more details about the…

The Economic Times

CAS Chaos: Dalal Street's biggest stock trading reform in years endures a rocky first week

India's recently introduced closing auction system for stock prices is encountering early challenges, with traders raising alarms over erratic price fluctuations and confusion in the marketplace. In response, the Securities and Exchange Board of India (SEBI) held discussions with brokerages, reassuring them of the system's persistence. The lack of engagement…

The Economic Times

SBI Q1 results preview: Will India's largest public bank report a decline in profit?

In the upcoming June quarter, State Bank of India's profits are projected to dip, influenced by margin constraints and a slowdown in income growth. Analysts foresee a decrease in net interest margins despite vigorous loan activity. With deposit growth expected to trail behind credit expansion, this could prevent any recovery…

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