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The Latest Breaking News from India

Australia's mining giants eye India, SE Asia for growth

Mining giants BHP and Rio Tinto say new ‌steel demand in India and Southeast Asia will offset stagnation in China.

AAP

Cipla appoints health chief Shivam Puri to lead One India business

Cipla has appointed Shivam Puri as the new Chief Executive Officer for its One India Business. This significant leadership change will take effect from July 1. Puri currently heads Cipla Health, a role he has held since 2019. His extensive experience in consumer goods and healthcare will now steer Cipla's…

The Economic Times

Women's T20 World Cup: India look to sharpen their batting against Netherlands

India faces Netherlands in the Women's T20 World Cup. The team seeks better batting consistency after a mixed performance against Pakistan. Key players like Smriti Mandhana and Richa Ghosh showed form. India's bowlers, especially spinners Deepti Sharma and Shree Charani, performed well. Netherlands lost their opening match and needs improvement.

The Economic Times

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Royal Orchid plans to add 50 hotels, betting on local demand boost

Royal Orchid Hotels is set to launch over 50 new properties across India in the coming 12 to 18 months. This expansion is fueled by a surge in domestic tourism as geopolitical tensions and currency fluctuations make international travel less appealing. The company aims to significantly increase its room inventory…

The Economic Times

Iron ore miners highlight India, Asean as they look for growth after China

SINGAPORE — Australia's iron ore miners emphasised on Tuesday how growing steel demand in India and Southeast Asia would help offset the stagnating ‌market in top customer China, where they also face pressure from the state-owned buyer to lower prices and offer better terms.

Bangkok Post

Kiran Mazumdar-Shaw eyes crown of world’s top insulin supplier for Biocon

Indian drugmaker Biocon aims to be the world's top insulin supplier within five years, capitalising on growing demand as major pharmaceutical companies shift focus to newer weight-loss drugs. Currently the third-largest global insulin provider, Biocon is significantly expanding production. This strategic move addresses a critical gap in the market, particularly…

The Economic Times

Sunil Singhania-backed Abakkus Small Cap Fund adds 3 new stocks, increases stake in HDFC Bank, SBI and 49 others

Sunil Singhania's Abakkus Small Cap Fund added three new stocks in May, including Tanla Platforms and Intellect Design Arena. The fund also increased its holdings in HDFC Bank, State Bank of India, and 49 other stocks, notably Equitas Small Finance Bank and Edelweiss Financial Services. No complete exits were made,…

The Economic Times

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'Recognition of India's growing stature:' BJP's Naveen Jindal congratulates PM Modi on receiving Slovakia's highest civilian honour

BJP Kurukshetra MP Naveen Jindal on Tuesday congratulated Prime Minister Narendra Modi on being conferred with Slovakia's 'Order of the White Double Cross (1st Class),' describing the honour as a testament to India's growing stature and influence on the global stage.

The Economic Times

India's fiscal policy is evolving to support domestic growth: S&P Global

India is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties are prompting a move towards long-term strategies. Measures are in place to manage rising energy and food costs. This shift aims to protect growth and reduce vulnerabilities in an uncertain world. India is balancing growth…

The Economic Times

5 Budget Cars That Rule Flooded Roads in Monsoon

Every monsoon brings the same challenge. Roads disappear under water, potholes become invisible, and drivers nervously wonder whether their car will make it through the next flooded stretch. But what if choosing the right car could eliminate much of that stress? One often-overlooked feature can make a huge difference during…

MyLifeXP

India's 5G subscriptions to cross 1.1 billion by 2031; Mobile data usage to nearly double: Report

India's 5G subscriber base is expected to surpass 1.1 billion by the end of 2031, representing an 81 per cent subscription penetration rate, according to the latest Ericsson Mobility Report released on Tuesday.

The Economic Times

From Oman to Tanzania: How the Iran war is redrawing India’s trade map

India's trade is changing due to the West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also key import sources. Singapore has become India's third-largest export destination. Tanzania and South Africa are seeing increased Indian exports. These shifts highlight new trade…

The Economic Times

India blocks Telegram over 'medical entrance exam fraud' concerns

India's government has blocked messaging app Telegram until June 22, saying the platform was used to "defraud candidates" taking the medical entrance examination. The restriction was issued under a stringent provision of the IT law, which empowers ‌the government to block access to online sites in the "interest of sovereignty…

France 24

Durable US-Iran peace deal to provide predictable environment for trade: CRF

A US-Iran peace deal promises greater regional stability. This will benefit Indian exporters with reduced costs for shipping, insurance, and logistics. It will also create a more predictable trade environment. The agreement is set to be signed soon. This development is crucial for facilitating trade and strengthening initiatives like IMEC.…

The Economic Times

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The Economic Times

SJM writes to US envoy over Indian seafarers' killing, seeks probe, compensation

In a heartfelt letter, an RSS affiliate has reached out to the US Ambassador, condemning the tragic deaths of three Indian seafarers resulting from recent US military actions. The organisation is demanding a thorough and transparent investigation, along with compensation for the grieving families.

The Economic Times

India's industrial moment: How AVEVA is turning data into the new competitive edge

Indian industries are investing heavily in digital transformation but face challenges in using their data. AVEVA's industrial intelligence platform is designed to solve this. India is a key innovation hub for AVEVA, supporting the nation's 2047 productivity vision. The platform helps turn fragmented data into actionable insights, driving AI adoption…

The Economic Times

Beyond the Terminal: NRIs should factor 'Inevitable India' into their portfolios

India's economy is transforming, offering opportunities for Non-Resident Indians. Despite rupee depreciation, an undervalued currency presents potential gains. Reforms and domestic demand drive growth. GIFT City provides a simple, tax-efficient way for the diaspora to invest in India's future. This allows NRIs to participate in India's progress from anywhere.

The Economic Times

India's export outlook is challenging for FY27, but worst is over: Elara Securities

India's export outlook remains challenging in FY27 amid moderating global demand and elevated electronics imports, but the worst phase appears to be behind as a weaker rupee, resilient services exports and strong remittance inflows are likely to cushion external sector pressures, according to a report by Elara Securities.

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The Economic Times

Top Slovakian award to PM honour for all Indians: Adityanath

Prime Minister Narendra Modi received Slovakia's highest national award, The Order of the White Double Cross. This recognition highlights India's growing global respect. Uttar Pradesh Chief Minister Yogi Adityanath and Deputy Chief Ministers Keshav Prasad Maurya and Brajesh Pathak expressed pride. The award marks Modi's 33rd international honour, acknowledging his…

The Economic Times

Is Telegram banned in India? What you can and cannot do, and when the restrictions will end

Telegram banned in India: Telegram users in India are facing two temporary restrictions this month. Access to the platform has been restricted until June 22, while Telegram's ability to edit already-posted messages has been disabled until June 30. The measures were introduced in connection with the NEET (UG) 2026 re-examination,…

The Economic Times

FY27 earnings recovery key to next leg of market upmove: Rajeev Agrawal

Global markets are cautiously optimistic about a potential US-Iran agreement easing geopolitical risks and crude oil volatility. However, Indian equities remain restrained, with market experts emphasizing that earnings delivery, particularly for FY27, will be the key driver for future market movements, not just macro triggers.

The Economic Times

From Rs 75 in cash to the Lok Sabha spotlight: The obscure party at the centre of the TMC rebellion

An unknown political party, the Nationalist Citizens Party of India, is now central to national politics. Twenty Trinamool Congress MPs announced a merger with the NCPI. This move, if approved, would significantly change the Lok Sabha's composition. The NCPI, previously with minimal presence, would become a major force. The development…

The Economic Times

World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond China

Global mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure projects are driving growth. This expansion is expected to offset slowing demand from China. Both companies are well-positioned to support India's ambitious steel production targets. The Global South, particularly India,…

The Economic Times

India's telecom ARPU to grow 7% CAGR through FY29; narrowing tariff gap with global markets: Report

India's telecom sector is set for a multi-year growth phase. Average Revenue Per User (ARPU) is projected to grow at 7% annually from FY26 to FY29. This growth will reduce India's tariff gap with global markets. The sector is poised for stronger cash flows and improved returns.

The Economic Times

India's REIT and InvIT market to attract Rs 11.6 trillion new investments; AUM may double to Rs 20 trillion by 2030: Avendus Capital

India’s REIT and InvIT market could attract an additional Rs 11.6 trillion in investments by 2030, taking total assets under management beyond Rs 20 trillion, according to Avendus Capital. Strong participation from mutual funds, insurers, pension funds, and global investors is expected to drive the next phase of growth.

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