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The Latest Breaking News from India

Indian travellers can now make UPI payments across Cambodia

Indian travellers can now pay in Cambodia using UPI. This new service allows them to scan Cambodia's KHQR code with their UPI apps. Payments are possible at millions of merchant locations. This initiative simplifies transactions for tourists. It also benefits Cambodian businesses by connecting them to Indian consumers.

The Economic Times

Is India winning the wrong battle on infant mortality?

India's infant mortality rate has significantly dropped to 24 deaths per 1,000 live births in 2024. This progress is largely due to a surge in institutional deliveries across the nation. However, stark rural-urban divides and regional performance variations remain evident. Newborn deaths are now the primary challenge, highlighting the need…

The Economic Times

Indian refiners shift to soyoil in May as palm oil loses price advantage

India's edible oil imports increased in May, driven by a surge in soyoil purchases. Palm oil imports saw a slight rise but remained below average. Refiners favored soyoil as its price advantage over palm oil narrowed. Cooking gas shortages also impacted palm oil demand from bulk consumers. Overall edible oil…

The Economic Times

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SDPI to contest majority of seats in 2027 Gujarat polls; open to alliances, says chief Faizy

The Social Democratic Party of India plans to contest most seats in the 2027 Gujarat assembly elections. The party aims to build its grassroots network and emerge as a key opposition force. SDPI states it will focus on underprivileged sections of society. The party is open to alliances with other…

The Economic Times

RBI contains rupee's fall, shrinks dollar-rupee forward premiums

The Indian rupee and dollar-rupee forward premiums declined as importer hedging, foreign portfolio outflows, and likely central bank interventions across FX market segments exerted opposing forces. Despite Reserve Bank of India's dollar-selling interventions and buy/sell swaps, pressure on the rupee is expected to persist due to weak capital flows and…

The Economic Times

India's fuel exports plunge in May as domestic demand takes priority

India's fuel exports saw a significant drop in May, reaching their lowest point in almost four years. This decline was driven by efforts to secure domestic fuel supplies amid global tensions and scheduled refinery upkeep. Shipments of diesel, gasoline, and jet fuel were considerably reduced. A shift towards increased production…

The Economic Times

India, Germany explore cooperation in quantum communication, space and deep-tech innovation

India and Germany on Tuesday explored expanded cooperation in quantum communication, photonics, quantum satellite communication, space technologies and other frontier areas of deep-tech innovation, during a high-level meeting between visiting German delegation and Union Minister of State (Independent Charge) for Science & Technology Jitendra Singh.

The Economic Times

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AI will expand opportunities for Indian IT; luxury housing demand remains strong: BofA Securities

AI presents significant new revenue streams for Indian IT services, despite job displacement concerns. Experts believe AI will expand beyond coding into business processes, creating a larger market. While enterprise adoption is nascent, technology modernization and AI integration will drive growth. Separately, India's residential real estate, particularly luxury housing, shows…

The Economic Times

After Yunus regime freed Rahmani, India watches Bangladesh's radical Islam surge

Concerns rise over Islamist radical movements in South Asia. Jashimuddin Rahmani, an influential ideologue, has been released on bail in Bangladesh. This development, coupled with political shifts, raises questions about regional security. India seeks clarity on Rahmani's status to address shared counterterrorism imperatives and border management issues. Transparency is crucial…

The Economic Times

How medicine forgot women and why Asia cannot afford to make the same mistake

Women’s health has long been treated as a specialised category - its own clinics, its own awareness months, its own funding silo. That framing is problematic because women’s health is a missing layer of healthcare infrastructure, not a niche. Until it is designed into the foundations of how we build,…

The Times of India

Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shine

Indian stock market staged a sharp recovery, with Sensex and Nifty erasing morning losses to snap a four-session losing streak, led by a strong surge in IT stocks including heavyweight TCS, Infosys, HCL Tech and Tech Mahindra.

The Economic Times

Relief for Indian football fans as Zee signs last-minute deal to broadcast World Cup

Deal between Zee and Fifa ends months-long standoff over World Cup rights in one of last major unsold markets

The Independent UK

Alkem rolls out single-shot semaglutide syringes at Rs 350 for diabetes, weight loss

Alkem Laboratories has launched semaglutide in single-shot pre-filled syringes in India. This makes treatment more accessible and affordable for diabetes and obesity management. The company is the first in India to offer this convenient format. This move intensifies competition in the growing Indian drug market. Alkem aims to expand access…

The Economic Times

ET Alpha Wealth Summit: Decoding market cycles and India's next wealth creators

Investors face market uncertainty. The ET Alpha Wealth Summit on June 4 in Mumbai brings together top investors. S Naren of ICICI Prudential AMC will share lessons on market cycles. Samir Arora of Helios Capital Management will discuss future wealth creation opportunities. The event explores whether market turbulence is over…

The Economic Times

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The Economic Times

As India-US trade talks resume in New Delhi, here's what Section 301 means for the deal

US and Indian trade officials are in New Delhi for crucial talks. They aim to finalize an interim trade pact before a key tariff deadline. Discussions also cover a broader trade agreement. A US trade investigation under Section 301 is a significant factor. India seeks fair terms and preferential treatment.…

The Economic Times

Higher petrol, diesel prices threaten to rekindle inflation pressures: Report

Fuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflation for consumers. Food and core inflation could accelerate. Companies may pass these costs to buyers. Goods and services tax reductions offer some relief. However, elevated energy costs remain…

The Economic Times

India gets its first AI music company, but there's a catch

PaRa Music, India's first AI-powered music company, has launched. It uses AI and human creativity to help Indian music reach more listeners. The company plans to build a large music library. PaRa Music aims to improve music discovery and monetization. It will partner with governments for cultural initiatives. This venture…

The Economic Times

India Inc sails past fourth-quarter estimates, but oil shock clouds outlook

Indian companies achieved better-than-expected profits in the March quarter. Domestic activity was strong, supported by tax cuts and easy money. However, the ongoing Iran conflict is creating an energy shock. This is expected to impact future company earnings negatively. High oil prices and supply issues pose risks to the economic…

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The Economic Times

India among favourites for Women's T20 World Cup: Anjum Chopra

The Indian women's cricket team is ready for the T20 World Cup in England. Former captain Anjum Chopra states the team is no longer unfamiliar with English conditions. India begins its campaign against Pakistan. The return of Yastika Bhatia is a significant boost. Chopra suggests flexibility in the batting order.

The Economic Times

Why Trideep Bhattacharya is betting on financials and energy despite global uncertainty

Indian equity markets face near-term pressure from the West Asia conflict. Corporate earnings remain resilient, though FY27 estimates may see modest downgrades. The June quarter is expected to be challenging. Financials are an attractive sector with accelerating credit growth. Long-term opportunities lie in capital goods, renewable energy, and energy transition…

The Economic Times

ED raids in Maharashtra, Gujarat in Salim Dola drugs case

The Enforcement Directorate conducted raids across Maharashtra and Gujarat. The probe targets Mohammad Salim Dola, an alleged drug trafficker linked to the Dawood gang. Dola was recently extradited to India from Turkiye. Searches are underway at locations connected to chemical suppliers, traders, accountants, and hawala operators. This action follows a…

The Economic Times

RBI MPC: Iran war puts Malhotra & Co in razor-edge policy bind over inflation, growth and rupee

The Reserve Bank of India faces a difficult interest-rate decision this week as rising oil prices from the Iran conflict, a record-low rupee and a weak monsoon threaten to slow growth while pushing up inflation.

The Economic Times

South Korea, Taiwan leapfrog India, but the race was lost decades ago

South Korea and Taiwan have surged ahead of India in global stock markets, driven by AI-powered semiconductor booms. Their success stems from decades of strategic state investment and industrial policy, creating market leaders like Samsung, SK Hynix, and TSMC. India, despite recent efforts, faces a long road to catch up…

The Economic Times

Trade pact with Oman strengthens India's energy security: Experts

The recent trade accord between India and Oman represents a significant leap toward energy independence and economic integration. Experts note that this agreement lays down a sustainable foundation for essential energy imports. With Oman providing an advantageous manufacturing and logistics network, Indian companies are set to thrive.

The Economic Times

India set to bargain hard in trade talks with US, UK this week

India faces critical trade negotiations with the US and UK this week. New Delhi seeks to protect its exporters from potential tariffs and safeguard duties. Talks aim to secure better terms for Indian steel exports to the UK and avoid US trade actions. These agreements are vital for India's export…

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