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The Latest Breaking News from India

21 pilgrims from Tamil Nadu who returned to India were rescued by Nepal Army: S Jaishankar

External Affairs Minister S Jaishankar has confirmed the successful rescue of 21 Tamil Nadu pilgrims affected by the floods in Nepal. However, approximately 315 Indian nationals are still unreachable amid the catastrophic flash floods. India is providing robust assistance to Nepal with relief efforts, dispatching vital supplies such as Bailey…

The Economic Times

Ola Electric gets Rs 95.81 crore PLI incentive for second straight year

Ola Electric secured Rs 95.81 crore under the PLI-Auto Scheme for FY 2026-27. This incentive follows a previous sanction of Rs 366.78 crore for FY 2024-25. The company's manufacturing capabilities and commitment to EV technology are recognized. This reinforces Ola Electric's role in India's advanced automotive manufacturing ecosystem. The scheme…

The Economic Times

Jan Dhan at 12: Women hold 33 crore of 59 crore accounts

Over Rs 53 lakh crore has been transferred through Direct Benefit Transfer to beneficiaries. Nearly 33 crore women now hold Jan Dhan accounts, enhancing financial inclusion. The Pradhan Mantri Jan Dhan Yojana has completed twelve years of successful operation. This initiative provides basic banking access and financial security to millions.…

The Economic Times

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Meta’s Sandhya Devanathan to join OpenAI; IT stocks rally

Meta’s India and South East Asia head Sandhya Devanathan is departing after 10 years to join OpenAI. This and more in today’s ETtech Top 5.

The Economic Times

India, China to work out modalities to implement 8-point border pact

India and China will implement an eight-point consensus from recent Special Representatives talks. Both nations will now determine how to operationalize the agreed agenda points. Discussions focused on maintaining peace and creating conditions for stable bilateral relations. Expert groups will advance discussions on boundary delimitation and border management. Future meetings…

The Economic Times

India sees Canada export opening as US trade tensions reshape imports: Report

India sees new export chances in Canada as economic ties strengthen. Bilateral trade aims for fifty billion dollars by twenty thirty, with talks ongoing. India's goods exports to Canada grew significantly, showing market momentum. Canada's tariffs on US products create openings for Indian suppliers. This shift offers Indian companies a…

The Economic Times

Raghuram Rajan calls for Federal Reserve rate hike, says US economy 'not being held back'

Former RBI governor Raghuram Rajan advocates for higher US Federal Reserve interest rates. He believes current financial conditions remain too loose for controlling inflation. Rajan points to strong investment and fiscal deficits as growth drivers. The US economy shows little sign of being constrained by borrowing costs. Meanwhile, the Indian…

The Economic Times

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A hotter planet puts 145 mn Indian children under greater stress every year: Study

India sees 61 percent of children facing extra heat stress annually. Global research shows climate change doubles dangerous heat exposure for young children. This humid heat poses severe health risks, impeding body cooling mechanisms. Future warming scenarios project even higher numbers of affected children in India. Developing nations and tropical…

The Economic Times

India's forex reserves hit record high of $729.33 billion after $12.4 billion weekly jump

India's foreign exchange reserves have reached an all-time high of $729.328 billion. This surge marks a significant build-up in the nation's external reserves. Foreign currency assets and gold reserves drove this substantial increase. The Reserve Bank of India's measures have attracted considerable forex inflows. These reserves are now higher than…

The Economic Times

Hindu nationalist leader spurs protests and calls for sanctions ahead of New York City speech

Mohan Bhagwat, head of the Hindu nationalist group RSS, is set to speak in New York City on Saturday

The Independent UK

IndiGo Ventures to invest in Indian firm Sarvam to expand AI use in aviation

IndiGo Ventures is investing in Sarvam, an Indian artificial intelligence company. This investment supports their ongoing partnership focused on AI applications. They will continue developing AI for customer experience and operational improvements. The collaboration aims to create a platform for AI-driven innovation. This venture deepens engagement exploring further enterprise AI…

The Economic Times

Sebi approves 7 IPOs including Jio Platforms, Paras Healthcare and Bharat PET

Sebi has approved seven IPOs, led by Reliance-backed Jio Platforms’ proposed Rs 37,700 crore offering. Paras Healthcare, Bharat PET, Paramotor Digital Technology, Pushp Brand, MK Sons Fine Jewels and Sadbhav Futuretech also received approvals, expanding India’s primary-market pipeline.

The Economic Times

India's 10-year bond yield scales over 2-month peak ahead of Warsh speech

The Indian bond market experienced notable losses on Friday, with government bond yields climbing to a two-month peak. As investors anticipate key policy hints from Federal Reserve Chair Kevin Warsh during his Jackson Hole address, the hawkish tone in the latest RBI minutes has intensified expectations for future monetary policy…

The Economic Times

Government to allocate fortnightly sugar sale quota to mills from September to prevent artificial scarcity

Retail sugar prices are easing as ex-mill rates decline significantly. The government will now allocate sugar fortnightly to mills from September. This new system aims to prevent artificial scarcity and ensure smooth supply. Mills must dispatch sold sugar within seven days of sale.

The Economic Times

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The Economic Times

PM Jan Dhan Yojana has had unparalleled impact, transformative outcomes: PM Modi

The Pradhan Mantri Jan Dhan Yojana has achieved unparalleled impact and transformative outcomes. This initiative has significantly reshaped India's financial landscape and global financial inclusion efforts. Millions of unbanked adults now have access to basic banking services and digital transaction tools. Women's participation in the financial system has increased substantially…

The Economic Times

Jio IPO soon! RIL's telecom arm gets Sebi nod for Rs 37,700 crore offering

Jio Platforms has received Sebi approval for its proposed Rs 37,700 crore IPO, bringing Reliance Industries’ much-awaited listing closer. The issue could value Jio at nearly Rs 9.5 trillion and become India’s largest IPO. The company plans to use Rs 27,500 crore of proceeds to repay borrowings of Reliance Jio…

The Economic Times

Man receives $3.14 lakh from redemption of Bermuda-focused fund; Income Tax Dept considers it black money, imposes Rs 1.8 crore penalty and tax, but he wins case in ITAT Delhi

Indian man working in Singapore gets $3.14 lakh from redemption of units of Bermuda focussed investment fund; Tax dept deems it black money and imposes Rs 1.8 crore penalty and tax; he wins case in ITAT Delhi. Read the article.

The Economic Times

Airtel leads July mobile subscriber additions with 26.9 lakh users, Jio adds 24.5 lakh

Bharti Airtel led mobile subscriber additions in July, adding 26.88 lakh users. Reliance Jio followed, adding 24.46 lakh users during the same period. Vodafone Idea and BSNL also saw subscriber base increases. India's overall wireless subscriber base grew to 128.79 crore in July. The broadband subscriber base also experienced a…

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The Economic Times

Nepal flash floods: 320 Indian nationals still missing, 21 rescued Tamil Nadu tourists land in Delhi, says MEA

320 Indian nationals remain uncontactable following devastating flash floods in Nepal. Fresh rescues and safe evacuations of stranded citizens have been reported by officials. India's relief efforts include sending a third flight with essential supplies to Nepal. The situation remains dynamic as authorities work to reconcile multiple lists of missing…

The Economic Times

North Indian tea industry faces crisis as auction prices drop 17% amid production challenges

North Indian tea auction prices have significantly declined recently. Floods and pest infestations have hampered crop production this season. Auction prices dropped up to seventeen percent from July to mid-August. Export figures also lag behind last year's performance considerably. The industry faces sustainability risks due to falling prices and rising…

The Economic Times

India’s industrial output slows to 6.7% in July from 7.3% in June

India’s industrial growth slowed to 6.7% in July from 7.3% in June, government data showed. Manufacturing and electricity supported growth, while mining contracted. Capital goods recorded the strongest expansion at 16.1%, while consumer non-durables declined 1%.

The Economic Times

Where to invest as market headwinds ease: Motilal Oswal backs mid and smallcaps, favours gold over silver

Motilal Oswal says several headwinds facing Indian equities are easing, supported by stronger earnings, positive FII flows and domestic demand. It remains Neutral on equities but Overweight on mid- and small-caps, while preferring gold over silver and accrual-focused fixed-income strategies.

The Times of India

Indian-origin US couple on group pilgrimage to Mount Kailash goes missing after Nepal-Tibet floods

An Indian-origin US couple from Texas has gone missing during a pilgrimage to Mount Kailash after devastating flash floods and mudslides struck the Nepal-Tibet border, with around 90 US citizens unaccounted for, according to US officials.

The Economic Times

Hard-handed Indian official urges food firms to be ethical amid labelling, ingredients row

India's food safety commissioner urged companies to adopt ethical practices and consistent nutrition standards globally. He questioned why companies maintain different product recipes and labeling for the Indian market. This official's comments follow a report revealing varied sugar content in popular beverages sold internationally. Companies also successfully lobbied against front-of-pack…

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1xBet App: Everything You Need to Know for Indian Users

With the rise of mobile use, mobile apps, for example, have now superseded mobile browers as the most convenient way to access the sports betting platforms online in India. The demand for mobile-friendly applications capable of delivering top-quality performance while being easy to navigate and secure, has rapidly grown, thus…

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