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The Latest Breaking News from India

India inflation risks mount on renewed US-Iran tensions, El Nino

India's inflation faces an uncertain future outlook. Renewed tensions in the Strait of Hormuz may increase oil prices. An intensifying El Niño raises concerns about higher food costs. Economists expect the Reserve Bank of India to maintain rates. Policymakers are watching closely for broader price pressures.

The Economic Times

"Every citizen should be proud of them": Deepti Sharma's mother beams with pride after India's historic Test win at Lord's

India's women's cricket team achieved it's first ever Test victory against England at Lord's. Yastika Bhatia scored the first women's Test century at the venue. Deepti Sharma contributed with crucial runs and vital wickets in the match. The team's performance secured their seventh win in the last eleven longest format…

The Economic Times

India summons Iranian diplomat after sailor’s death in Strait ‌of ‌Hormuz

This marks the latest incident involving Indian seafarers caught in the escalating US-Iran conflict

The Independent UK

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Why Thousands of Devotees Observe a 30-Day Fast During Sawan?

Every year, as the holy month of Sawan begins, something remarkable happens across India. Temples fill with devotees before sunrise, chants of "Har Har Mahadev" echo through the air, and many people quietly begin a month-long fast. While some observe a vrat only on Mondays, others follow it every single…

MyLifeXP

WPI inflation quickens to 9.87% in June from 9.68% in May

India's wholesale inflation rose to 9.87 percent in June. This figure exceeded economists' earlier projections for the month. Higher prices for food and mineral oils drove the wholesale price increase. Inflation in primary articles accelerated significantly after May's figures. Fuel and power inflation eased, while manufactured goods prices remained steady.

The Economic Times

Indian techie loses H-1B visa lawsuit; remains away from family for 18 months

An Indian software engineer lost his US visa lawsuit after 18 months. Navdeep Sharma's legal challenge against government officials was dismissed by a US court. The court found the visa processing delay was not legally unreasonable. Sharma could not sue most named government departments and officials. He remains separated from…

The Economic Times

Sindhu sails into Japan Open second round; Dhruv-Tanisha too progress

PV Sindhu secured a straight-game victory against Wong Ling Ching in the Japan Open. Dhruv Kapila and Tanisha Crasto also advanced to the second round in mixed doubles. Rohan Kapoor and Ruthvika Shivani Gadde were eliminated in their opening match. Sindhu controlled the match from the beginning, winning comfortably. Other…

The Economic Times

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CBSE clarifies R3 rule: Class 10 students of 2027-28 batch must clear school-based third language assessment for pass certificate

The Central Board of Secondary Education has issued new guidelines regarding third language assessments. Students must pass school-based internal assessments for their third language subject. This requirement is mandatory for receiving the CBSE Secondary School Examination pass certificate. The National Education Policy 2020 recommends learning three languages, with two being…

The Economic Times

Born at IIT, this battery tech targets a market China doesn't dominate—yet

Offgrid Energy Labs, whose battery technology was developed through R&D in India, is betting on zinc-bromine batteries for long-duration energy storage as countries seek alternatives to China's lithium supply chain. With its first UK manufacturing facility operational, the company is targeting AI data centres, renewable energy and grid-scale storage markets…

The Economic Times

India's capex cycle to strengthen as investments seen rising to $2.2 tn by FY30: Morgan Stanley

India's capital expenditure is projected to rise significantly by FY2030. Private sector investment is expected to accelerate, driven by domestic demand and policy support. Central government spending will continue focusing on infrastructure and defence projects. Multiple investment drivers are anticipated to make the capex cycle more resilient. Gross foreign direct…

The Economic Times

EAM Jaishankar discusses global developments, including West Asia, Ukraine with UN Chief Guterres

India's External Affairs Minister S Jaishankar launched the nation's campaign for a UN Security Council seat. He discussed global developments, including West Asia, Ukraine, and Sudan with UN Secretary General Antonio Guterres. India's approach to the UN is rooted in "SHANTI: Securing Holistic Advancement through Norms, Trust and Integrity."

The Economic Times

India bonds join global rout after Mideast escalation jolts oil higher

Indian government bonds declined early Tuesday amid rising oil prices. Fresh Gulf strikes obstructed shipping, causing Brent crude to climb significantly. This surge in oil prices threatens to increase India's inflation and interest rate risks. Foreign investors sold Indian bonds, marking their first sale since June policy measures. The rupee…

The Economic Times

CCI finds laptop maker HP rigged bids, levies Rs 14.28 crore penalty

The Competition Commission of India imposed a Rs 14.28 crore penalty on HP India and its resellers. This action followed findings of cartelisation in the sale and supply of print hardware consumables. HP India received a Rs 11.98 crore fine, while resellers collectively paid Rs 2.30 crore. The regulator also…

The Economic Times

Future of the VW Osnabrück plant: Is the Iron Dome missile deal at risk of collapse?

Vehicle production at VW in Osnabrück is scheduled to end in 2027, meaning around 2,300 jobs depend on a follow-up solution.

Euronews

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The Economic Times

ITR 2026: Increased disclosure requirements for overseas investments and foreign assets—are Indian taxpayers ready?

Indian taxpayers face new disclosure rules for foreign assets and investments. Global information exchange frameworks necessitate accurate reporting of overseas income. Schedule FA in ITR requires detailed reporting of foreign assets held. Non-compliance can lead to significant penalties and scrutiny from tax authorities. Accurate reporting ensures transparency and reduces potential…

The Economic Times

The experience economy is reshaping consumer finance

Young professionals now prioritize experiences, shifting financial goals from tangible assets. Consumers globally continue to spend on travel and experiences despite economic uncertainty. Financial institutions are adapting by designing products around lifestyles and travel utility. This evolution means financial products increasingly enable experiences rather than just purchases. The future of…

The Economic Times

Biocon shares jump 6% as Mylan likely exits drugmaker after Rs 3,481 crore stake sale

Biocon shares experienced a significant jump of over 6% on Tuesday. Viatris-owned Mylan intends to sell a substantial stake, exiting the Indian drugmaker. This stake sale represents 5.64% of Biocon's outstanding shares. The offer's floor price was set at a discount to the previous closing price. Block deals totaling nearly…

The Economic Times

Apparel exports drag India's textile and clothing exports despite growth in textile shipments: CITI

The April-June quarter also showed weak trends for these exports. Cumulative exports for the first quarter of FY27 declined year-on-year.

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The Economic Times

India vs England Playing 11: Predicted XI, team news and key changes for 1st ODI

IND vs ENG Playing 11: India aims to rebound against England in the first ODI match. Experienced stars Rohit Sharma and Virat Kohli return for the Indian team. Jasprit Bumrah also rejoins the bowling attack after his absence. England retains its winning T20I combination for the upcoming series. Both teams…

The Economic Times

India, Spain explore stronger partnership across trade, manufacturing

India and Spain are exploring enhanced economic cooperation in trade and investment. Minister Piyush Goyal met his Spanish counterpart to discuss future growth opportunities. Both nations aim to significantly increase bilateral trade beyond current projections. They are committed to strengthening industrial partnerships and resilient supply chains. This collaboration seeks to…

The Economic Times

Bengaluru's Akira has 4 world records at the age of 2: Meet the extraordinary toddler who is making waves in kick scootering

A Bengaluru toddler named Akira has achieved four World Records and three India Book of Records titles. She earned these distinctions before her second birthday through various physical activities. Akira's journey began with kick scootering, which she pursued with great enthusiasm. Her parents provided a supportive environment, allowing her to…

MyLifeXP

National Electricity Policy 2026: 7 Big Changes Revealed

For nearly two decades, India's electricity policy has remained largely unchanged while the country's power needs have grown at an unprecedented pace. Now, the government is preparing what could become the biggest transformation of the electricity sector since 2005. From electricity pricing and competition to industrial power access and future-ready…

The Economic Times

Indian team honour retiring England legends Knight, Beaumont with signed jerseys after historic Lord's Test

India's women's cricket team honored Heather Knight and Tammy Beaumont after their final international match. Jemimah Rodrigues presented the retiring England stars with signed jerseys as a token of appreciation. The Indian team secured a historic 270-run victory in the one-off Women's Test at Lord's. Yastika Bhatia became the first…

The Economic Times

India nears accepting sweetened Fairfax offer for IDBI Bank

India's government is nearing acceptance of Fairfax Financial's offer for IDBI Bank. Fairfax may slightly increase its per-share bid for the Mumbai-based lender. This potential transaction represents a significant government-backed disposal of a bank stake. Final approvals are still required from the Indian cabinet and RBI.

The Economic Times

A $2.5 billion FII buying has domestic investors asking: Is foreign money shifting to India?

Foreign investors bought Indian equities in July after significant selling periods. This return follows easing geopolitical concerns and improved global risk sentiment. India's growth story and diversified opportunities attract foreign capital for the long term. Analysts remain cautious, awaiting sustained inflows to confirm a trend. Crude oil prices and US…

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