The Latest Breaking News from India

'Indian Ocean is our shared home': PM Modi highlights India-Seychelles ties after signing key MoUs

Prime Minister Modi asserted the Indian Ocean as a shared home, emphasizing joint responsibility for its security and prosperity during his visit to Seychelles. The leaders witnessed the signing of MoUs across various sectors, including UPI, healthcare, and space exploration. Modi was honored with Seychelles' highest environmental award, underscoring India's…

The Economic Times · Jun 28

Welcome To The Jungle box office collection day 2: Akshay Kumar's comedy jumps 31%, crosses Rs 57.5 crore worldwide

Akshay Kumar's 'Welcome to the Jungle' has roared at the box office, raking in ₹39 crore net in India within two days. The comedy entertainer, third in the franchise, saw a significant 31.1% jump on Saturday, indicating strong audience appreciation. Globally, it has grossed ₹57.50 crore. Despite mixed reviews, the…

The Economic Times · Jun 28

Tax, policy changes making equities more attractive for investors, likely to sustain inflows: JP Morgan

Government policies and tax reforms are making Indian equities a more attractive investment compared to other options, according to a JP Morgan report. These changes, coupled with rising investor participation via Systematic Investment Plans (SIPs), are expected to drive sustained inflows into the country's capital markets. Domestic investors are increasingly…

The Economic Times · Jun 28

Indian Air Force C-17s carry relief materials to earthquake-hit Venezuela via Abidjan under OP Amistad

Indian Air Force's Boeing C-17 Globemaster aircraft have transited through Cote d'Ivoire's capital city of Abidjan en route to Venezuela carrying relief materials to the earthquake-hit country under Operation Amistad.

The Economic Times · Jun 28

The Japan-India Summit: Strategy maturing into substance

Japan's Prime Minister Sanae Takaichi's visit to India signals a deepening economic partnership, focusing on resilient supply chains and high-tech manufacturing. The summit highlights a strong alignment between political will and commercial needs, aiming to redefine global supply chains. Discussions will center on semiconductor interdependence, energy security, and next-generation mobility,…

The Economic Times · Jun 28

Mann ki Baat: PM Modi highlights India's significant strides in defence, security and self-reliance

Mann ki Baat: PM Modi highlighted India's significant strides in security and self-reliance during his 'Mann ki Baat' address. He lauded the successful maiden flight of the indigenous C-295 military transport aircraft and the DRDO's successful test of the Long-Range Land-Attack Cruise Missile. The induction of new naval ships, INS…

The Economic Times · Jun 28

As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processes

India's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharing, and simplified processes to cut compliance costs, expedite refunds, and enhance enforcement, especially for MSMEs. This reform has broadened the tax base, boosted compliance, and significantly increased revenues,…

The Economic Times · Jun 28

Startup founder claims foreign client honoured contract after dropping project internally, compares it to India's "adjust kar lo" culture

Startup founder's X post highlighted an international client's commitment to a paused six-month contract, contrasting it with India's often negotiable business practices. While four months were completed, the client honoured the remaining two, avoiding losses for the founder's firm. The post sparked debate on contract culture, with users citing judicial…

The Economic Times · Jun 28

Passport-holding NRIs qualify as 'citizens' under RTI, 2010 govt records show

Documents from 2010 reveal the Centre's interpretation of 'citizen' under the RTI Act, including Indian passport holders abroad but excluding OCIs and PIOs. This resurfaces as the legal status of Indian passports, whether proof of citizenship or a travel document, is debated. The MEA clarified passports are travel documents, not…

The Economic Times · Jun 28

Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip giants

Christopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, betting on the AI-driven capex cycle. He views memory stocks as core beneficiaries, citing strong demand, attractive valuations and structural shifts, while warning that malinvestment risks could eventually disrupt the…

The Economic Times · Jun 28