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The Latest Breaking News from India

SBI Funds Management shares fall below IPO price, but brokerages remain bullish. Time to buy?

SBI Funds Management shares slipped below their IPO price after listing, but brokerages remain bullish on the stock, citing strong parentage, a vast distribution network, sticky SIP flows, robust profitability and long-term mutual fund growth opportunities.

The Economic Times

India's F1 push: Sports Ministry grants NSF status to motor-sport body FMSCI

The Sports Ministry has provisionally recognized the Federation of Motor Sports Clubs of India. This significant upgrade allows FMSCI to receive financial grants from the government. The body is now coordinating efforts to bring Formula 1 back to the country. A task force will assess challenges and benefits for hosting…

The Economic Times

Taslima Nasreen draws parallels between student protest, Bangladesh's July 2024 uprising, says outcome was 'disastrous'

Bangladeshi writer Taslima Nasreen drew parallels between Delhi protests and Bangladesh's July 2024 student uprising. She noted the disastrous outcomes of the movement in her home country after observing similar visuals. Nasreen defended her right to comment on India's internal matters based on her experiences. She argued that opinions should…

The Economic Times

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India to roll out common customer ID for banks, insurers; mutual funds to follow, sources say

Starting in August, a collaborative customer identification initiative will be rolled out by Indian banks and insurers, featuring a system designed to simplify the financial product engagement process. Asset managers are expected to come onboard later this year with the Central Know-Your-Customer 2.0 framework, where customers only need to authorize…

The Economic Times

Wife paid Rs 58 lakh from Indian bank a/c, husband paid Rs 80 lakh from UAE bank a/c for property purchase; she gets tax notice for unexplained investment, wins case in ITAT Mumbai for this reason

To purchase property in India, wife paid Rs 58 lakh from her bank a/c and husband paid Rs 80 lakh via his UAE bank a/c using Dubai exchange bureau; she got tax notice for unexplained property investment; she fights and wins case in ITAT Mumbai for this reason. Know how…

The Economic Times

Scotch at a discount post UK FTA is only half the story for India's whisky market

India's import duties on Scotch whisky and gin have been halved by a new trade agreement. This change is expected to gradually lower prices for imported premium spirits over time. Indian distillers anticipate improved access to bulk Scotch for blending purposes. Domestic single malt producers remain confident in their quality…

The Economic Times

Flipkart may add food delivery to its product offerings

Flipkart plans to launch a pilot in India's online food delivery sector soon. This move aims to challenge established players like Zomato and Swiggy. The company will learn from this pilot before considering a wider national rollout. Flipkart believes a strong value proposition can disrupt the current market. This expansion…

The Economic Times

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Chess: Bodhana Sivanandan, 11, breaks world age record from 38 years ago

Harrow schoolgirl eclipses legend Judit Polgar’s mark as youngest girl ever to defeat a grandmaster rated above 2600, then draws with a former 2700

The Guardian - UK

Two Civil Engineers with no agriculture background built a Rs 565 crore cattle startup; their weekend project has solved one of India's oldest trade problems

Neetu Yadav and Kirti Jangra, two IIT Delhi civil engineering graduates, founded Animall in 2019 to bring India's unorganised cattle market online. What started as a weekend project now connects over a million dairy farmers and has grown into a startup valued at Rs 565 crore, in a sector that…

The Economic Times

Juniper Green Energy to open Rs 1,800-cr IPO on July 30

Juniper Green Energy will launch its Rs 1,800-crore initial public offering on July 30. The company plans to raise funds through a fresh issue of equity shares. Proceeds will be used for debt repayment and investments in subsidiaries. Juniper Green Energy develops and operates renewable energy projects across India. The…

The Economic Times

HCLTech to set up Rs 14,257 crore AI data centre in Odisha with Sarvam

HCLTech will establish its first AI Data Center in Odisha. This significant project involves a capital outlay of Rs 14,257 crores. The initiative aims to boost India's sovereign AI capabilities and local developer ecosystem. It will leverage HCLTech's AI expertise and Sarvam's foundation models. This investment supports India's growing data…

The Economic Times

Offline Zinda Hai: Why retailers are betting big on outlets

India's largest retailers are opening thousands of new physical stores across the nation. This expansion targets emerging consumer markets beyond the major metropolitan areas. While e-commerce grows, physical stores remain crucial for reaching new customers. These outlets also serve as hubs for online order fulfillment and customer experiences. Retailers are…

The Economic Times

Shreyas Iyer's India look to continue revival and seal T20I series against Zimbabwe

India seeks to extend their winning momentum in the second T20I match. Young Vaibhav Sooryavanshi's quick fifty set up their opening series victory. Mayank Yadav's strong bowling performance also contributed significantly to the win. Zimbabwe lost too many wickets during their powerplay overs. The teams will face off again on…

The Economic Times

India's batting prodigy Vaibhav Sooryavanshi draws confidence from maiden fifty against Zimbabwe

Vaibhav Sooryavanshi scored a quick fifty in India's T20 victory over Zimbabwe. He expressed happiness with his performance and the venue's atmosphere. Mayank Yadav returned effectively from a lengthy injury layoff. The fast bowler secured two crucial wickets in his spell. India leads the three-match series after this opening win.

The Economic Times

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The Economic Times

UAE’s top bank to offer $1.5 billion for NRIs investing in RBI's forex deposit program

First Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit scheme, using leverage backed by standby letters of credit. The move supports the RBI's drive to boost forex reserves, with analysts estimating the programme could attract as much as $50…

The Economic Times

Indian men's cricket team get direct entry into Asian Games knockouts

India and three other nations have secured direct entry into the 2026 Asian Games cricket knockout stage. Afghanistan, Japan, and Nepal will compete in preliminary rounds for remaining spots. The draws for both men's and women's tournaments were announced on Thursday. The women's competition begins with quarter-final fixtures from September…

The Economic Times

AI Powerplay! Proxy power stocks give up to 100% returns in India's hottest trade this year

India's power and electrical equipment stocks have emerged as key AI proxy plays, with names like Hitachi Energy, Kirloskar Oil Engines and GE Vernova T&D delivering stellar returns. Analysts believe rising data centre investments will fuel long-term demand, but caution that valuations and stock selection will be critical from here.

The Economic Times

Dixon Technologies, Paras Defence among 14 new stocks added by this one-year topper mutual fund in June

TRUSTMF Small Cap Fund, the best-performing equity mutual fund over the past one year with a 21.98% return, added Dixon Technologies (India), Paras Defence and Space Technologies and 14 other stocks to its portfolio in June. The fund also exited 13 stocks while increasing exposure to several others, according to…

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Digital Camera World

While 3 pairs of eyes captured India, completing Raghu Rai's work felt like "stepping into his gaze," explains Pirelli Calendar 2027 photographer Avani Rai

Photographer Avani Rai reveals what it meant to complete her father's work for the Pirelli Calendar 2027, collaborating across generations to capture the many faces of India

Pedestrian.tv

A Hunger Strike, Cockroaches & An Education Reckoning: India’s Protests Explained

What started as a meme has turned into India’s biggest youth-led protest movement, with students taking to the streets.

The Times of India

'Found lying in pool of blood': Indian man found dead in Jerusalem apartment; Israeli held

An Indian national was found dead inside an apartment in Jerusalem's Katamon neighbourhood on Thursday, with Israeli police arresting a 31-year-old man on suspicion of murder.

The Economic Times

Q1 Results today: SBI Life, Tata Consumer, Hindustan Zinc among 86 companies to announce earnings

A total of 86 companies are slated to announce their Q1 FY27 earnings today, with key names including Tata Consumer Products, SBI Life Insurance, Hindustan Zinc, Shriram Finance, ACC, Bank of Baroda, Bank of India, SAIL, SBI Cards, Laurus Labs and Lodha Developers.

The Economic Times

India's private sector growth slumped to over four-year low in July, PMI shows

India’s private sector growth slowed sharply inJuly, reaching its weakest level in more than four years, mainly due to a significant slowdown in theservices sector. The HSBC Flash India Composite PMI, compiled by S&P Global, declined to54.3 in July from 57.1 in June, though it remained above the 50-point threshold…

Newslaundry

Gen Z is protesting. Here is the economics behind the rage

Ek chhoti si naukri ka talabgar hoon main – Shailendra, Naukri (1954)

The Economic Times

Oil shock, Treasury yield spike put Indian bonds under pressure before debt sale

Indian government bonds experienced a decline as oil prices surpassed one hundred dollars per barrel. The benchmark bond yield reached its highest level in five weeks during early trading. Rising oil prices and Treasury yields pressured overnight swap rates higher. Investors anticipate a Federal Reserve rate hike, pushing US Treasury…

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