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The Latest Breaking News from India

Rahul Gandhi should apologise for spreading falsehood on Indian economy: BJP

The BJP has lauded Prime Minister Narendra Modi for achieving an impressive 7.8 percent GDP growth. Senior BJP figure Ravi Shankar Prasad attributed this success to the financial acumen of Finance Minister Nirmala Sitharaman. He also challenged Congress leader Rahul Gandhi to apologize for his negative economic assessments, asserting that…

The Economic Times

Petrol, diesel sales soar on erratic monsoon rains, LPG demand shifts to piped gas

India’s petrol and diesel sales surged in August as erratic monsoon rainfall increased demand from farmers and motorists. Petrol consumption at state-run retailers rose 9.1% year-on-year, while diesel sales jumped 10.2%. LPG demand, however, fell 16.1%.

The Economic Times

India and US gear up for upcoming 2026 edition of joint military exercise 'Yudh Abhyas"

The 22nd edition of the Yudh Abhyas military exercise involving India and the United States is set to commence soon. This annual event serves as a testament to the enduring defense ties between the two countries. With a rich operational background spanning nearly three decades, previous exercises have tackled various…

The Economic Times

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India's installed power capacity projected to surpass 2,000 GW by 2047

India's power capacity is projected to surpass 2,000 gigawatts by 2047, with solar significantly leading this clean energy expansion, reaching over 1,100 gigawatts. Grid-scale storage must increase forty-fold to meet future renewable energy integration needs.

The Economic Times

Ambani's Reliance enters ice cream market with launch of Bombay Creamery

Reliance Consumer Products Limited has launched its new ice cream brand, Bombay Creamery. This brand is positioned as India's first accessible premium dairy ice cream. Bombay Creamery uses authentic dairy ingredients and offers global quality at affordable prices. The new ice cream range is available across various formats and starts…

The Economic Times

PM Modi concludes two-nation visit to Uzbekistan, Kyrgyzstan

Prime Minister Narendra Modi concluded his productive two-nation visit to Uzbekistan and Kyrgyzstan. He attended the annual SCO summit in Bishkek, calling for dismantling terrorism's entire ecosystem. In Uzbekistan, ties were elevated to a comprehensive strategic partnership with new agreements signed. Modi also met with leaders including Vladimir Putin and…

The Economic Times

Samir Arora backed Helios Mutual Fund crosses Rs 15,000 crore AUM in 3 years, grows 200% in 1 year

Samir Arora-backed Helios Mutual Fund’s AUM crossed Rs 15,000 crore in August 2026, growing 200% year-on-year. Equity schemes account for over 95% of assets, reflecting strong investor confidence despite volatile markets and the fund house’s expanding distribution network across India.

The Economic Times

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Make in India achieved little but govt's 'Fake in India' continues: Cong on GDP numbers

Congress leaders criticized the government's latest GDP numbers as statistical gymnastics. They claimed the "Make in India" initiative has achieved very little. The "Fake in India" scheme continues unabated, according to the party. India's economy grew at 7.8 percent in the April-June quarter. Prime Minister Narendra Modi termed the GDP…

The Economic Times

India's power consumption rises nearly 13% to 169 billion units in August

India's power consumption rose 12.85 percent in August, reaching 169.01 billion units. High humidity levels increased cooling appliance usage across many regions. Peak power demand also jumped to 258.27 GW last month. Experts predict steady power demand through September due to continued humid conditions. Projected weather patterns may further influence…

The Economic Times

Mumbai raid uncovers fake expiry dates, nutrition labels on food export products

Indian authorities raided an illegal operation in Mumbai last week. They seized nearly eighty thousand dollars worth of faked food export products. This illicit warehouse systematically altered expiry dates and nutritional information. Popular brands like PepsiCo and Nestle were among those affected. The investigation highlights ongoing challenges in food safety…

The Economic Times

Kharge dismisses Modi's GDP video as 'PR on economy', flags rise in prices, joblessness

Criticising PM Modi's economic claims, Kharge said common people face unemployment, price rise and inequality. He highlighted unemployment at a fifty-year high and rising inflation, and alleged rampant crony capitalism and wealth transfer to the rich. Modi, in a view, had praised the country's 7.8 per cent GDP growth rate.

The Economic Times

Titan Capital backs xStep, the Shark Tank India-featured neurotech startup

Funding will scale xStep's non-invasive neurorehabilitation platform for people with cerebral palsy, stroke, spinal cord injury and multiple sclerosis across India and beyond

The Economic Times

HDFC Bank CEO Jagdishan’s refusal to overhaul bank fueled surprise exit as chairman pushed for changes

HDFC Bank CEO Sashidhar Jagdishan will depart after his term ends next month. New chairman Rajiv Kumar sought aggressive changes and executive replacements. Jagdishan resisted some proposals and decided not to seek reappointment. The bank now faces a swift search for a new leader. This departure adds to recent turmoil…

The Economic Times

7.8% slam dunk! 'Dead' economy proved to be quite alive and kicking

India’s GDP grew 7.8% in Q1 FY27, beating RBI’s 7% forecast and the 7.1% Reuters poll median despite an oil shock, geopolitical tensions and trade disruptions. Growth was broad-based, with consumption rising 7.1%, investment 11.9%, manufacturing 9.2% and services around 10%.

The Economic Times

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The Economic Times

VinFast puts the brakes on manufacturing some cars in India

VinFast has temporarily halted development and local manufacturing plans for three electric vehicles in India, asking suppliers to stop work while it reassesses costs. The move affects the VF3, VF6 and VF7 programmes and comes amid the automaker’s struggle to gain scale in India, despite its $2-billion expansion plans.

The Economic Times

Deepening trade ties, FTA utilisation key to India's USD 1 trillion export target: CII's Sanjay Budhia

India aims for one trillion dollars in exports by 2026-27. This ambitious goal requires significant growth in both goods and services. Deepening engagement with current partners is crucial for reaching this target. Diversifying into new and emerging markets will also be important. Maximizing trade agreements will further support export expansion.

The Economic Times

India preparing rollout of agentic payments on UPI

While leading payment companies have launched such frameworks in the U.S., Europe, Singapore and Australia, a rollout on the popular Unified Payments Interface would also put India among the first countries to have ‌a national infrastructure ⁠for ⁠agentic AI payments.

The Economic Times

Circadia marks 50 years as India’s premium mattress as market shifts to engineering

India’s premium mattress buyers are moving beyond size, price and firmness to ask about foam density, pressure relief and durability. Circadia, the premium sleep brand from 50-year-old Mumbai based manufacturer Foam Home, argues that the harder advantage in a digital market is manufacturing depth: structural design, materials expertise and the…

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The Economic Times

India reopens Zambia talks to secure critical minerals: Report

India has resumed talks with Zambia to explore investment opportunities in critical minerals. Officials from India's Ministry of Mines held preliminary discussions with Zambian officials recently. India is also evaluating investment opportunities in several other countries for mineral supplies. The nation seeks raw materials to meet rising demand from its…

The Economic Times

US Treasury selloff pushes India 10-year bond yield towards 7%

Indian government bonds experienced a sharp decline, pushing yields higher. U.S. Treasury yields rose significantly due to escalating geopolitical risks. High oil prices are fueling inflation concerns and tighter monetary policy expectations. India's strong economic growth adds to potential monetary tightening pressures. Bond yields are nearing a key psychological level,…

The Economic Times

India's new eye in the sky: Everything to know about ISRO's GSLV-F17 launch of first geostationary imager on Sept 4

India's space agency ISRO is preparing to launch its GSLV-F17 rocket soon. This rocket will carry the EOS-05 satellite into a specific orbit. The EOS-05 satellite will provide continuous Earth observation imagery. This advanced satellite will monitor weather and support disaster management efforts. It also aims to enhance security and…

The Independent UK

Modi tells visibly tense Putin to end Ukraine war ‘for humanity’s sake’

India is one of the ⁠biggest buyers of Russian oil and that trade is helping Moscow replenish its budget despite Western sanctions

The Economic Times

Will I inherit my family’s land in India if I become an NRI?

ET Wealth Reader's Query: I would like to understand what happens to my rights over inherited agricultural land in India if I acquire foreign citizenship. Will I still be able to inherit my family’s agricultural land, and are there any restrictions on holding, transferring, or disposing of such property after…

The Economic Times

Tata Elxsi backs seven-seater Shunya eVTOL, first flight targeted in 18-24 months

Tata Elxsi and Sarla Aviation will collaborate on India's first indigenous electric aircraft. The Shunya eVTOL aircraft is designed to carry six passengers and one pilot. This partnership will accelerate the development of flight-critical systems for the new aircraft. Sarla Aviation targets the Shunya's first flight within the next eighteen…

The Economic Times

DEE Development Engineers eyes global partner for nuclear piping space JV: Chairman

DDEL is the leading industrial pipe fabrication player in India and among the top five globally. It welds steel, stainless steel and other alloy pipes of different diameters for applications across multiple sectors.

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