The Latest Breaking News from India

Critical minerals, strategic stakes: Inside India's bid to break China's supply chain stranglehold

India and the US have inked a pact to secure critical mineral supplies, bolstering a broader Quad initiative aiming to invest $20 billion in mining and processing. This move aims to counter China's dominance in rare earths, crucial for clean energy and defense technologies. While India possesses significant reserves, developing…

The Economic Times · Jun 22

India bonds walk tightrope on steady oil, shaky US-Iran truce

Indian government bonds traded cautiously early Monday, as concerns over U.S.-Iran tensions tempered relief from falling oil prices. While oil's dip below $80 a barrel eases import costs, traders remain wary of El Nino's impact on inflation and global yield risks. Markets are also awaiting a key decision on India's…

The Economic Times · Jun 22

Aaditya Thackeray labels rebel UBT Sena MPs as "for sale", accuses them of prioritising "greed" over ideology

Aaditya Thackeray has strongly criticised rebel Shiv Sena (UBT) MPs, accusing them of prioritising personal greed over their commitments and abandoning the ideologies they were elected on. He claims these lawmakers, backed by the MVA and INDIA bloc, have shamelessly sold their loyalty. Meanwhile, Shiv Sena (UBT) has issued show-cause…

The Economic Times · Jun 22

Markets on edge as US-Iran ceasefire deal leaves investors rattled by uncertainty: Seth R. Freeman

Despite a US-Iran ceasefire framework, markets remain volatile due to unresolved issues like Iran's nuclear program and the Strait of Hormuz. While oil prices are sensitive, China's markets struggle with property woes. India, however, shows promise, potentially emerging as a long-term AI powerhouse. Investors are advised caution until a concrete,…

The Economic Times · Jun 22

Why speed, scale and reliability will define the next infrastructure boom

As India’s digital infrastructure boom accelerates, data centres are emerging as the backbone of the AI and cloud-driven economy.

The Economic Times · Jun 22

US notifies sale of support services for India's Apache helicopters, M777A2 howitzers

The US has formally approved a significant military support package for India, including sustainment services for its Apache attack helicopters and M777A2 Ultra-Light Howitzers. Valued at approximately USD 482.2 million, this deal aims to bolster India's defense capabilities and strengthen the strategic partnership between the two nations. The support will…

The Economic Times · Jun 22

Pakistan's Biggest Fear? India's Water Strategy

A river that has flowed peacefully for centuries is suddenly at the center of one of South Asia's most dangerous disputes. Pakistan's Defence Minister Khawaja Asif has issued a stark warning, saying Pakistan could go to war if it believes India's actions threaten its water security. The statement comes amid…

MyLifeXP · Jun 22

Kirloskar Oil Engines shares surge 18% to record high after cracking Cummins-dominated data centre market

Kirloskar Oil Engines shares rallied to 52-week high after the Indian generator maker secured a 192-megawatt order from HyperNext, a deal that analysts view as a major breakthrough for KOEL in the rapidly expanding data-centre power market, where Cummins has traditionally dominated with over 80% market share.

The Economic Times · Jun 22

Maharashtra: BMC alerts citizens after IMD issues 3-hour Orange weather warning

Mumbai is bracing for more pre-monsoon showers as the BMC issued an Orange warning for thunderstorms, lightning and gusty winds. While these rains offer respite from the heat, they've caused waterlogging. The monsoon's official arrival is imminent, with favourable conditions for its advance across several Indian states.

The Economic Times · Jun 22

Rs 35,000 crore Jio IPO may not be a jackpot for Reliance investors. Here's why

Reliance has kicked off the IPO process for Jio Platforms with a proposed Rs 35,000–40,000 crore issue, expected to be India's biggest IPO. While the listing could unlock value and attract investor interest, analysts caution that Reliance shareholders may not see an immediate windfall as benefits could be moderated by…

The Economic Times · Jun 22