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The Latest Breaking News from India

US–Iran peace deal to reopen Strait of Hormuz brings relief to trade: EEPC

This development is expected to significantly boost global trade, particularly for India, by easing logistics disruptions and costs for energy imports and engineering exports to the WANA region.

The Economic Times

Indian pharma leaving generics era behind, but the Street hasn't caught up yet: Nandan Kulkarni

Indian pharma is shifting from generics to innovation. This transformation, extending to 2035, is creating significant new opportunities. Companies are investing in advanced research and development. Global regulatory changes favor Indian players. The market is not yet fully recognizing this innovation pivot and the quality of talent driving it. GLP-1…

The Economic Times

Fiscal stress deepens across states as all 28 post deficits in FY25: CAG report

India's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liabilities rising to Rs 90.51 lakh crore as of March 31, 2025, according to the Comptroller and Auditor General's (CAG) report State Finances 2024-25 released on Monday.

The Economic Times

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Tata Motors PV eyes industry-leading FY27 growth as new launches, EV momentum fuel optimism

Tata Motors Passenger Vehicles anticipates strong growth in fiscal 2027. The company plans new product launches and a multi-powertrain strategy. Collaboration with Jaguar Land Rover will enhance scale and efficiency. Tata Motors aims for industry-leading growth, focusing on safety, sustainability, and customer satisfaction. JLR will sharpen its luxury positioning and…

The Economic Times

Sarvam: When US slams the door, India begins to find its own opening

Sarvam AI’s rise to a $1.5 billion valuation after raising $234 million marks a major milestone for India’s push toward AI sovereignty. The funding comes shortly after the U.S. restricted foreign access to some of Anthropic’s most advanced AI models, highlighting the risks of relying on foreign-controlled AI technologies.

The Economic Times

NEET-UG 2026 re-exam: Indian Army helicopter transports question papers to Tirunelveli amid tight security

The NEET examination held last month was cancelled following allegations of question paper leakage, after which authorities announced that the re-examination would be conducted on June 21.

The Economic Times

12 years of govt: Share of services sector in total exports jumps to 49% in FY26

India's services exports saw a substantial rise, increasing their share in total exports. This growth was fueled by the IT sector and digital services. Software services led the expansion. Overall exports also grew considerably. The government implemented measures to boost trade facilitation over the past twelve years.

The Economic Times

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Explained: Why Japan's Nikkei soared to lifetime high even after BOJ hiked interest rates to 31-year high

Japan's Nikkei index surged past 70,000 for the first time as the Bank of Japan raised its short-term policy rate to 1%, the highest in 31 years. The central bank's gradual tightening, coupled with diminished Middle East conflict risks, supported equities. Simultaneously, an Iran-US peace deal boosted sentiment, leading to…

The Economic Times

NSE listing moves closer, likely to file IPO DRHP by Friday: Source

The long-awaited NSE IPO could move a step closer this week, with the exchange expected to file its draft papers with Sebi by Friday. Valued at nearly Rs 5 lakh crore in the unlisted market, the proposed Rs 20,000-crore offer-for-sale could become one of India’s biggest listings.

The Economic Times

Why has India suddenly banned Telegram?

Indian government cracks down on channels on the Telegram app offering fake entrance exam questions for a hefty fee

The Independent UK

Gold rate today (June 16, 2026): Check 24k, 22k and 18k gold jewellery prices from Joyalukkas, Malabar Gold and Diamonds, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & other cities

Gold rate today: Gold prices saw a slight dip across major Indian cities on Tuesday, June 16, 2026, with leading retailers like Tanishq and Malabar Gold & Diamonds reporting marginal declines. This follows a cautious market sentiment influenced by geopolitical developments and potential shifts in US interest rates, as indicated…

The Economic Times

Can longevity be a political message? Decoding the politics of the PM@4399 celebrations

The BJP-led NDA’s celebration of Narendra Modi completing 12 uninterrupted years may prompt a question: what exactly is a governing party asking voters to think about when it asks them to see how long it has been in power?

Newslaundry

Andhra Pradesh's Naidu pitches state as semiconductor hub to global chipmakers

Andhra Pradesh Chief Minister N Chandrababu Naidu is inviting global semiconductor firms to invest in the state. He highlighted Andhra Pradesh as a top investment destination in India. The Chief Minister mentioned a semiconductor manufacturing facility will be established in the Rayalaseema region. Discussions were held with Singapore-based semiconductor companies…

The Economic Times

Nomura raises Adani Ports share price target by 12%. Here are 3 major reasons why

Nomura has raised its target price on Adani Ports and Special Economic Zone to Rs 2,080 from Rs 1,850, while retaining its Buy rating. The revised target suggests a potential upside of about 15% from current levels. The brokerage also marginally increased its FY27 and FY28 EBITDA forecasts, driven by…

The Economic Times

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AAP

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.

The Economic Times

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

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

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.

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Bangkok Post

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.

The Economic Times

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

'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…

MyLifeXP

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…

The Economic Times

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.

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