The Latest Breaking News from India

The Man in Seat 11A: A Reporter’s Account of the Air India Flight AI-171 Tragedy

The first alert appeared on my phone while I sat outside a senior government official’s office in Gandhinagar, waiting for a scheduled meeting. It was just after 1:30 pm when news broke of an aircraft crash in Ahmedabad.

Whats Hot · Jun 12

A year after Air India tragedy, Tata's Rs 1 crore relief reaches most, but some families still decline belongings

Air India has disbursed ex-gratia payments to most families of the Air India plane crash victims. Personal belongings are being returned with respect. Digital devices have also been returned. The airline is also compensating those injured on the ground. A trust was set up to support victims and their families.

The Economic Times · Jun 12

Yes Bank sees Indians tip-toeing back to deposits

Indian households are reportedly shifting savings back to bank deposits due to weak stock markets and geopolitical concerns. This trend could benefit lenders facing intense competition for credit demand, as bank credit growth outpaces deposit increases. The move signals a potential return to traditional fixed deposits amid equity market volatility.

The Economic Times · Jun 12

Bengaluru to host fourth season of Global Chess League

The Global Chess League is set for its fourth season in Bengaluru starting September 3. This edition will feature top global players in a team-based format. The league, a collaboration between Tech Mahindra and FIDE, has previously introduced innovations like franchise teams and mixed-gender lineups. India's chess prowess is highlighted…

The Economic Times · Jun 12

Before Olympic glory, there was Jaspal Rana: Indian shooting loses its first star

Indian shooting lost a legend with the passing of Jaspal Rana at 49. He was a trailblazing marksman and a dedicated coach. Rana inspired a generation and helped elevate shooting's profile in India. His influence extended to nurturing young talent and advocating for his athletes. His contributions shaped Indian shooting…

The Economic Times · Jun 12

BlackRock says oil, FX risks loom over India's bond inflow push

Indian debt is piquing the interest of foreign investors thanks to new government initiatives. Nonetheless, investment giant BlackRock remains cautious, keeping its exposure steady. Challenges like steep currency hedging expenses and volatile oil prices cast a shadow on the prospects. For foreign capital to make a significant leap into rupee-denominated…

The Economic Times · Jun 12

TCS launches India's first Oracle AI Data platform lab in Kolkata

The facility at Delta Park Lords in Kolkata has been set up in collaboration with Oracle and will support customers in addressing challenges such as fragmented data systems, slow analytics cycles, limited AI scalability and operational inefficiencies, the IT major said.

The Economic Times · Jun 12

Congress holds 'Satyagraha' protest at Jantar Mantar against ECI over Meenakshi Natarajan's nomination rejection

Congress workers staged a Satyagraha protest at Jantar Mantar. They are opposing the Election Commission of India's decision to reject Meenakshi Natarajan's nomination for the Rajya Sabha elections from Madhya Pradesh. Party leaders allege undemocratic practices and a conspiracy between the BJP and the ECI. They demand a Supreme Court…

The Economic Times · Jun 12

Syndicate Finance bridges the execution gap for India's export-ready textile manufacturers

As India cements its position in global apparel supply chains, structured lending is emerging as the critical enabler and Syndicate Finance's ₹75 Crore facility to Clever Hunt Private Limited illustrates why.

The Economic Times · Jun 12

ETMarkets Smart Talk| RBI's rate-cut cycle may be over; bond index inclusion could bring $25 billion: DSP MF's Sandeep Yadav

Sandeep Yadav of DSP Mutual Fund believes the RBI's rate-cut cycle may be nearing its end as inflation risks remain elevated. He expects India's inclusion in global bond indices to attract over $25 billion in debt inflows over time, while cautioning that such flows may offer only temporary support to…

The Economic Times · Jun 12