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The Latest Breaking News from India

CMR Green Technologies IPO Day 1: 65% subscribed, GMP at 33%, brokerages review and key details

CMR Green Technologies IPO opened today with robust investor interest. Non-institutional and retail investors showed strong demand. The grey market premium suggests a potential listing price above the IPO band. The company is India's largest non-ferrous metal recycler. Its business aligns with the global shift towards recycled metals. The IPO…

The Economic Times

India antitrust body targets beauty pageants with scrutiny of Mrs India Inc

India's competition watchdog is probing Mrs. India Inc. The beauty pageant organizer faces accusations of abusing its market position. Participants are reportedly bound by restrictive contract terms. These include long-term bans on other pageants and professional assignments. The investigation was triggered by a complaint from a runner-up. Mrs. India Inc…

The Economic Times

Avammune’s big bet: Why the future of cancer treatment may come in a pill

As global oncology races toward next-generation therapies, Avammune Therapeutics is betting on affordable, orally administered immunotherapies designed for broader patient access.

The Economic Times

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Premiumisation, digital push, and India’s consumption story: Inside HUL’s growth blueprint

Hindustan Unilever Ltd remains optimistic about India's future growth. The company is focusing on increasing consumption, premium products, and digital advancements. Despite current economic hurdles, HUL is investing in its business to serve consumers better. India's young population, growing per capita consumption, and digital transformation are key drivers for this…

The Economic Times

India's MSME growth remains concentrated despite expansion in credit and formalisation: Report

The study highlights the geography of MSME growth in India and calls for more balanced, targeted expansion of enterprise activity and formal credit access.

The Economic Times

Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levels

In May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have not yet reached the robust numbers seen in February. Natural gas supplies saw a notable upswing, going past pre-war levels.

The Economic Times

Living a dream: Rookie Harsh Dubey looks forward to rubbing shoulders with Virat Kohli and Rohit Sharma

Harsh Dubey, a new Indian all-rounder, is thrilled about his first national call-up for the Afghanistan series. He anticipates playing alongside legends Virat Kohli and Rohit Sharma. Dubey also looks forward to observing Shubman Gill's leadership style. This opportunity marks a dream come true for the young cricketer. He aims…

The Economic Times

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Government denies new report stating RBI may have sold $12 billion gold to rescue rupee

Reports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows India's gold reserves have actually increased. The Reserve Bank of India's share of gold in its foreign exchange reserves rose significantly between September 2025 and May 2026.…

The Economic Times

Rupee could fall to 98/USD by July amid energy crisis, BofA Securities exec says

The Indian rupee faces a potential record low of 98 against the dollar by July due to the Middle East energy shock, impacting domestic assets. Despite authorities' protective measures and calls for a rate hike, BofA Securities anticipates gradual increases later in the year. Foreign investors have significantly withdrawn funds,…

The Economic Times

India should have offered Myanmar’s leader ‘handcuffs, not a red carpet’, critics say

IN FOCUS: Analysts say hosting junta leader for a major state visit will only hurt India in the long run, while rights groups say it risks legitimising a former general allegedly responsible for genocide. Shweta Sharma reports from Delhi

The Independent UK

We were not able to build pressure with dot balls, can't repeat the mistake in WC: Mandhana

India's vice-captain Smriti Mandhana identified a lack of dot balls as the reason for their T20I series loss to England. She expressed hope that the team will not repeat this mistake in the upcoming Women's T20 World Cup. Mandhana also highlighted the positive return to form of skipper Harmanpreet Kaur.…

The Economic Times

AI investment boom reshaping global capital flows, leaving India temporarily on the sidelines: Jonathan Garner

Foreign investors are shifting capital from India to North Asian markets like South Korea and Taiwan, driven by the AI investment boom and extraordinary earnings growth. While India's long-term growth remains strong with healthy earnings, the current global focus is on AI-driven capital expenditure, impacting investment flows.

The Economic Times

Over 60% of pharma MSMEs yet to comply with updated manufacturing norms

Pharma industry officials say the revised Schedule M regulations could require Rs 10-15 crore per facility in upgrades, while talent shortages, funding constraints, and rising compliance costs pose challenges for smaller drug makers within the SME ecosystem..

The Economic Times

Tata taps China's Chery for premium EV push, sources say

Tata Motors is set to license an automaking platform from China's Chery. This collaboration aims to accelerate the launch of Tata's premium electric vehicles under the Avinya brand. The company plans to build at least two new electric cars locally. The first Avinya model is expected to hit the market…

The Economic Times

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The Economic Times

India’s first choice for cars is going second-hand

India’s car market is shifting gears: why stretch for a new hatchback when a used SUV gets you further? A booming pre-owned market is redefining ownership, aspiration, and what “smart money” looks like on four wheels.

MyLifeXP

7 Hindu Festivals You Never Knew Came From One Story

Every year, millions celebrate Diwali, Mahashivratri, Dhanteras, Kumbh Mela, and many other sacred occasions. But very few people realize that many of these festivals are connected by a single cosmic event. An event so extraordinary that it involved gods, demons, poison powerful enough to destroy creation, divine treasures, celestial beings,…

The Economic Times

India and New Zealand gear up for historic 12-match showdown

India will embark on a significant tour of New Zealand from October 22 to December 1. The series includes five T20 Internationals and five One Day Internationals, followed by two Test matches. This extensive tour marks a historic occasion as both nations celebrate 100 years of sporting ties. Cricket fans…

AAP

India set for a blockbuster 12-match New Zealand tour

India's men's cricket team are headed to New Zealand this summer for a tour billed as the biggest in New Zealand in a generation.

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The Economic Times

'Wait out IT, buy pharma and defence'; Ajay Bagga's 3-sector playbook for 2026

Ajay Bagga offers a clear strategy for Indian markets. He advises waiting for real AI revenue in IT. Pharma remains a strong investment due to multiple advantages. Defence is a long-term play with significant growth potential. Bagga highlights shipbuilders and drone makers in defence. Investors should focus on AI revenue…

The Economic Times

India's services growth hits six-month high on domestic demand, PMI shows

India's services sector expanded at its fastest pace in six months in May, driven by a surge in domestic demand, particularly in e-commerce, entertainment, and IT. While export orders saw slight growth, business confidence dipped for the second consecutive month, and job creation remained limited. Input cost inflation eased, providing…

The Economic Times

IT sector entering a new growth phase, says Sandip Agarwal; sees strong earnings upside ahead

India's IT sector is poised for an earnings recovery, shifting from hardware-centric AI investments to software and services. Market expert Sandip Agarwal anticipates a 6-7% annual growth, boosted by currency tailwinds and more reasonable valuations. Investors are advised to focus on software services firms with attractive PEG ratios.

MyLifeXP

Why Did Ganesha Curse The Moon? The Fascinating Story Behind an Ancient Divine Warning

Among the many captivating stories of Hindu mythology, the tale of why Lord Ganesha cursed the Moon stands out as both fascinating and meaningful. It is not merely a mythological episode but a story that continues to influence religious practices across India. Every year during Ganesh Chaturthi, devotees are advised…

The Economic Times

Anthropic expanding Mythos AI model access to India: Report

Anthropic had announced on Tuesday that it gave approximately 150 organisations around the world access to its AI model Mythos, whose ability to rapidly identify weaknesses in computer security has sparked global concern about vulnerabilities.

The Economic Times

'It's time to wake up': Udak Kotak's big warning to Indian businesses as even cash-surplus Google seeks $80 billion

Veteran banker Uday Kotak urged Indian companies to urgently invest in future technologies, especially AI, citing Google's massive $80 billion capital raise. He highlighted that global tech giants are aggressively reinvesting despite strong profits, a stark contrast to India's restrained long-term innovation spending. Kotak called for a renewed focus on…

The Economic Times

Time for India to focus on business of business, says Uday Kotak

Uday Kotak, Founder and Director of Kotak Mahindra Bank, emphasized that it is time for India to focus on the business of business now that other distractions have concluded. This call to action comes as global technology giants scale up their financial capacity to build next-generation infrastructure, highlighting a massive…

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