The Latest Breaking News from India

Indian minister breaks silence on viral ‘cockroach’ movement calling for his resignation

Protesters are seeking accountability over mismanagement of college entrance and school-leaving exams

The Independent UK · Jun 24

Amazon CEO in India Now; Hyderabad’s growing spacetech orbit

Amazon CEO Andy Jassy is in India as the tech giant triples down on its quick commerce play in the country. This and more in today’s ETtech Top 5.

The Economic Times · Jun 24

2036 Olympics host set to be picked in 2029 as IOC confirms timetable for contest

The IOC has set a target of 2029 to pick a 2036 Olympics host in a currently stalled contest that has long been targeted by India and Qatar

The Independent UK · Jun 24

India bonds gain, swap rates fall on dovish RBI comments, oil slide

Indian government bonds enjoyed a remarkable climb on Wednesday, highlighted by the 10-year yield experiencing its most significant drop in a month. Fueling this surge was a recent comment from Reserve Bank of India Governor Sanjay Malhotra, who mentioned that contemplating interest rate hikes is premature. Additionally, decreasing oil prices…

The Economic Times · Jun 24

Marketing platform JustAI raises $17 million led by Base10

AI marketing platform JustAI has secured over $17 million in Series A funding, led by Base10, with participation from Y Combinator and Peak XV Partners. This investment will fuel expansion of their engineering and go-to-market teams, enhance AI capabilities, and explore opportunities in India.

The Economic Times · Jun 24

Russia and India working on increasing bilateral trade volumes: Kremlin spokesman

Russia and India are actively boosting bilateral trade, aiming for a $100 billion target by 2030, up from the current $60 billion. Kremlin spokesman Dmitry Peskov highlighted the "notably privileged partnership" and steady uptrend in economic relations. He praised India as a populous, fast-growing economy with immense potential, underscoring the…

The Economic Times · Jun 24

Shaan Patel Asset Management launches Rs 250 crore Quant IPO Opportunity Fund under Category III AIF

Shaan Patel Asset Management has launched a Rs 250 crore Quant IPO Opportunity Fund under the Category III AIF route to tap opportunities in India’s expanding primary market. The fund will invest in mainboard and SME IPOs through anchor and QIB allocations using a quantitative strategy backed by AI, data…

The Economic Times · Jun 24

‘It's a big price tag’: Bryan Johnson explains why international travel affects sleep, cortisol and overall health, tech millionaire says it takes "two weeks to recover"

Tech millionaire Bryan Johnson advocates for limiting international travel to once every three months, citing a significant biological cost. Following a recent India visit, he revealed that long-haul flights can disrupt sleep quality, mood, and stress hormones for up to two weeks. Johnson, who meticulously tracks his health metrics, believes…

The Economic Times · Jun 24

Largecaps over midcaps, banks over PSUs: V Srivatsa reveals where smart money is heading

India's market outlook is positive, driven by cooling geopolitical tensions and falling crude oil prices, according to UTI AMC's V Srivatsa. He highlights largecaps, particularly private sector banks, as offering better value than expensive midcaps. While foreign investors are focused on AI plays, Srivatsa anticipates a gradual return to India.…

The Economic Times · Jun 24

India's asset wealth management AUM projected to reach US$ 1.7 trillion by 2030: PwC report

India’s asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, growing institutional pools and expanding digital financial infrastructure, according to a PwC report.

The Economic Times · Jun 24