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The Latest Breaking News from India

New Scorpio N, Vision S and BE 6: Mahindra's Biggest Reveal Yet?

Once again, Mahindra has chosen Independence Day to announce something big in their SUV range. Mahindra has launched the Mahindra Scorpio N 2026 at an ex-showroom price of Rs 13.49 lakh in India. Along with the range of SUVs that have been launched, Mahindra has also planned to launch the…

MyLifeXP

India must manufacture clean-tech, not just consume it: Steel Minister Kumaraswamy

India's energy security now depends on manufacturing and resilient technology supply chains. The nation aims to become a global hub for clean energy technology production. Steel is identified as a crucial pillar supporting renewable infrastructure and battery projects. Government schemes support electric mobility, battery manufacturing, and critical mineral supply chains.…

The Economic Times

Gautam Gambhir says India ready for Sri Lanka Test challenge

Coach Gautam Gambhir emphasized team readiness for the upcoming Sri Lanka Test series. The squad aims to be fully prepared for all challenges presented during the matches. This series marks India's first World Test Championship assignment since their last defeat. Newcomers Saransh Jain and Auqib Nabi received congratulations from the…

The Economic Times

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19x leverage on FCNR(B) deposits and high returns may not work for NRIs based in Singapore in this case

FCNR (B) FD: For NRIs, the potential gains from FCNR(B) deposits may be undermined by Singapore's tax policies. Interest earnings from Indian banks are recognized as originating from Singapore, triggering local taxes that can diminish effective yields on these deposits. Conversely, payments made to Indian banks' Singapore branches do not…

The Economic Times

Low insurance penetration, reforms to drive 'massive' growth in India's insurance sector: S&P

India's insurance sector anticipates significant long-term expansion driven by reforms and low penetration. Favorable regulations are attracting foreign investment and accelerating mergers and acquisitions. Both life and non-life segments show strong growth potential for insurers. However, macroeconomic challenges and inflation could dampen domestic demand.

The Economic Times

Indian jewellers may earn up to 1% incentive under revamped Gold Monetisation Scheme: IBJA

Indian jewellers could earn an additional 0.75%-1% commission under a revamped Gold Monetisation Scheme (GMS) proposed by the India Bullion and Jewellers Association (IBJA). Under the proposal, jewellers would collect customers' old gold, pass it to refiners and receive a direct incentive, encouraging them to actively promote the scheme.

The Economic Times

Policy reforms speed up coal block operationalisation: Coal Secretary Vikram Dev Dutt

India's coal sector policy reforms have significantly reduced operationalisation timelines for explored blocks. These changes enable faster mine development and quicker commercial production of coal. Captive and commercial mines have contributed substantially to the nation's coal output recently. Commercial coal mining stands as a key reform under Prime Minister Narendra…

The Economic Times

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Google's $15 billion India data centre project battles water, wildlife concerns

Google's planned data centre in Visakhapatnam is facing considerable resistance from environmental activists. Concerns have been raised regarding the strain on local water resources and the site’s closeness to a wildlife sanctuary. The government has denied allegations of hastening the project and is receptive to community input. Google is committed…

The Economic Times

Opposition MPs protest in Parliament complex on Ram temple donation 'theft', police action against students

Opposition MPs protested alleged theft of Ram temple donations and police actions. They carried umbrellas and placards, raising slogans against the government. A symbolic donation box was placed to highlight the alleged theft issue. INDIA bloc leaders met to strategise on cornering the government. Parliament remained deadlocked due to these…

The Economic Times

Bain Capital-backed Dhoot Transmission bets on India EV shift to drive growth

IPO-bound Dhoot Transmission expects India's shift to electric vehicles to be its biggest growth driver as it expands its EV-focused product portfolio and partnerships with automakers, CFO Nitin Kalani said. The company, which supplies wiring harnesses and derives about a third of its revenue from Bajaj Auto, is also adding…

The Economic Times

When is your home loan EMI increasing? RBI rate hike calls pushed back after dovish pause

Economists now anticipate the Reserve Bank of India will raise rates in December or later. This shift occurs as core inflation remains low, contrary to earlier expectations. The central bank maintained its current rates and lowered inflation forecasts for this fiscal year. Overnight indexed swap rates also signal fewer rate…

The Economic Times

Meet Digvijaysinhji Ranjitsinhji Jadeja: Indian Maharaja who saved 1,000 Polish children from the Nazis during World War II

Meet Digvijaysinhji Ranjitsinhji Jadeja, the Maharaja of Nawanagar who in 1942 opened his princely state to nearly 1,000 Polish children fleeing Nazi persecution, gave them shelter, education and dignity, and asked them to call him Bapu. Fifty years after his death, Poland named a square in Warsaw after him.

The Economic Times

In 1943, wealthy gold miner's daughter became spy at just 16: How INA's 'youngest' operative disguised herself as a boy to gather intelligence from the British

Saraswathi Rajamani joined the Indian National Army at sixteen years old. She disguised herself as a boy named Mani for espionage missions. Rajamani rescued a captured spy by entering a British camp as a dancer. She later donated her jewels and managed family mines for the cause. Her courage and…

The Economic Times

5.1-magnitude earthquake jolts Arunachal Pradesh; no casualties or damage reported

A 5.1 magnitude earthquake struck Arunachal Pradesh's Upper Siang district early August 6. This was the biggest tremor in a series of quakes which occurred in quick succession. No immediate reports of casualties or damage to property were confirmed by officials.

The Economic Times

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The Economic Times

India's big billion-dollar trade deals are done. Now comes the real test

India has spent years negotiating free trade agreements with some of the world's biggest economies. But signing the deals was only half the battle. The bigger challenge now is helping Indian businesses turn preferential market access into exports, investments, manufacturing growth and global competitiveness.

The Economic Times

LIC shares fall after India’s largest OFS closes with oversubscription on both days

The government raised Rs 31,552 crore through LIC’s record Offer for Sale (OFS), selling a 6.5% stake after exercising the greenshoe option. The issue was oversubscribed, driven by strong retail and institutional demand. The stake sale helped LIC achieve the 10% public shareholding norm ahead of Sebi’s May 2027 deadline,…

The Economic Times

LEAP India Rs 2,480-crore IPO opens tomorrow. Check GMP, price band and other key details

KKR-backed LEAP India is set to launch its Rs 2,480 crore IPO on August 7, with shares commanding a grey market premium of around 2%. The company plans to use the proceeds to reduce debt and strengthen its balance sheet, while investors bet on India's growing logistics and supply chain…

The Independent UK

Who is Prashant Kishor? Former political strategist hands Modi’s party first defeat since ‘cockroach’ protests

Political consultant who once designed election campaigns for Modi, defeats ruling BJP in one of its most formidable strongholds. What does his victory mean for a polity reeling from recent Gen Z protests? Namita Singh reports

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The Economic Times

Kotak sees India posting BoP surplus in FY27; expects 50 bps rate hike in second half

India anticipates a balance of payments surplus in FY27. Stronger capital inflows and higher foreign direct investment will support this positive external position. Headline inflation for fiscal year twenty twenty-seven has been revised lower to five percent. Domestic activity improvements and easing supply pressures also boost GDP growth projections.

The Economic Times

DY Patil Online BCA and BBA: Bridging India’s tech skill gap for global remote jobs

India’s education market is adjusting to a simple reality: families and students increasingly want degrees that do not merely certify attendance but improve job access. The DY Patil Online BCA and BBA programmes speak to this shift.

The Economic Times

Congress leader Jairam Ramesh slams government on E20 rollout, says motivations clearly not environmental

Congress criticizes the E20 fuel rollout, questioning its environmental motivations. The party highlights significant water usage for ethanol production from crops. This policy places considerable stress on India's vital water resources. Congress also points to subsidies for rice used in ethanol production. The opposition asserts that the rollout benefits producers,…

The Economic Times

Former Bangladesh cricket captain Shakib Al Hasan's home attacked after participation in Sheikh Hasina's media interaction

Shakib Al Hasan's residence was targeted following his participation in Sheikh Hasina's media event. Hasina vowed to return to Bangladesh despite a death sentence hanging over her. Bangladesh has expressed disapproval of Hasina's media appearance and is pushing for her extradition from India, which is in the process of reviewing…

The Economic Times

Arvind Kejriwal alleges Meta restricted his account, calls it 'pretty bad service'

AAP national convenor Arvind Kejriwal on Thursday alleged that Meta had restricted his social media account in India without explaining the reason. In a post on X, he called the company's response "pretty bad service" and accused it of bowing to the Prime Minister.

The Economic Times

Deeptech backer Piper Serica raises Rs 300 crore in first close of new fund

Piper Serica has secured Rs 300 crore for its Bharat Tech Fund. This new fund will invest in deeptech startups across various sectors. Nearly half the capital came from repeat investors from the firm's first fund. The fund aims to support entrepreneurs building strong intellectual property from India. Piper Serica…

MyLifeXP

Will UPI Payments Above Rs 2,000 Cost You More? The Truth

For years, UPI has made digital payments simple, instant and completely free for millions of Indians. Whether paying for groceries, booking a cab or shopping online, users never had to think about extra transaction charges. Now, a new government proposal has sparked fresh discussions about Merchant Discount Rate (MDR) on…

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