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The Latest Breaking News from India

Telecom subscriber base rises to 134.8 crore in June; Airtel leads growth: TRAI data

India's telecom subscriber base reached 134.8 crore in June, showing marginal growth. Bharti Airtel and Reliance Jio led subscriber additions, contributing significantly to the increase. Wireless connections rose to 130 crore, with consumer SIMs forming the largest segment. Wireline connections saw a monthly decline, mainly due to BSNL's losses. Broadband…

The Economic Times

Hold US stocks under LRS? Here’s why you may not be able to gift them to NRI children

Indian residents cannot gift US shares purchased through the LRS route to their NRI children. The liberalised remittance scheme requires sale proceeds to be repatriated within 180 days. US stocks held under LRS may face US estate tax upon the investor's death. Indian residents can reduce this exposure by investing…

The Economic Times

Samsung to add India-specific AI features to next Galaxy phones as local R&D shapes product strategy

Samsung will introduce AI features tailored for Indian consumers in its upcoming Galaxy smartphone. India R&D centers are studying consumer personas to develop beneficial localized AI capabilities. An AI-powered bill payment reminder identifying recurring bills from emails is being developed. This initiative aims to differentiate Samsung's AI offerings beyond existing…

The Economic Times

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India plans up to quarter of 2027 LPG imports from US, sources say

India plans to buy a quarter of its LPG imports from the United States in 2027. This move aims to reduce Middle East reliance and support trade deal efforts. State refiners will issue tenders for US LPG supplies within two months. Higher US energy purchases could help narrow India's trade…

The Economic Times

Odisha tightens iron ore grade checks after alleged royalty underreporting: Report

Odisha, India's largest iron ore-producing state, has stepped up quality-control inspections after authorities found instances of miners allegedly misrepresenting ore grades to reduce royalty payments, a move that could temporarily disrupt domestic supplies and exports to China, Bloomberg News reported.

The Economic Times

Higher FCNR and NRE FD interest rates: This bank revises NRE rates to 7.60% and FCNR rates to 7.40%; check details

AU Small Finance Bank has raised interest rates on FCNR(B) and NRE fixed deposits. These new rates are effective from July 27, 2026, for specific tenures. The government's decision to bear hedging costs on FCNR deposits influenced this change. AU SFB also offers zero forex margin and bank charges on…

The Economic Times

Standard Chartered sees exit of several top wealth executives in India

Standard Chartered India is witnessing a series of senior leadership exits as it reshapes its wealth business and moves away from mass-market retail banking. Wealth head Saurabh Jain is joining Bandhan AMC, following earlier departures of two other senior executives, even as the bank doubles down on affluent and SME-focused…

The Economic Times

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Monsoon revival boosts summer crop planting in India

A revival in monsoon rains has accelerated the sowing of key summer crops across India, helping farmers recover from an early-season slowdown caused by delayed and below-normal rainfall. The sowing gap has narrowed to less than 5%, with rice, soybean and cotton planting picking up after widespread July rains, although…

The Economic Times

Apollo Micro Systems shortlisted by IAF for indigenous prescision range extension kit programme

Apollo Micro Systems has been selected by the Indian Air Force to develop the Indigenous Precision Range Extension Kit (IPREK), a defence system designed to enhance the range and accuracy of existing bombs. The company will supply over 500 units in the initial phase, integrating technologies such as NavIC navigation…

The Economic Times

Varun Beverages shares fall 5% as Q2 margins shrink after Twizza acquisition in South Africa; net profit rises 15%

Varun Beverages shares fell 5% after the Pepsi bottler reported a 76-basis-point contraction in Q2 CY2026 EBITDA margin to 27.7%, weighed down by the consolidation of South Africa's Twizza business. Despite the margin pressure, revenue from operations rose 20.4% year-on-year to Rs 8,451.23 crore, driven by strong volume growth across…

The Economic Times

Before H.C. Verma wrote Concepts of Physics, Indian JEE aspirants were struggling with one huge problem; the IIT Kanpur professor changed that

Before H.C. Verma wrote Concepts of Physics: Long before online coaching and AI study tools, IIT Kanpur professor H.C. Verma identified a gap that was quietly failing generations of Indian physics students and filled it with a book that became a rite of passage for JEE and NEET aspirants. This…

The Economic Times

India's AI boom is rewarding engineers more than coders

India's AI and manufacturing push is reshaping job market, with engineers, technical support professionals and infrastructure roles seeing stronger salary growth than software developers, according to TeamLease. Backed by govt investments in semiconductors, electronics and EVs, the country's next wage boom appears increasingly tied to building and running AI infra.

The Economic Times

Swiggy Instamart ropes in ex-Myntra boss Nandita Sinha as q-comm battle heats up

Myntra's former CEO Nandita Sinha will lead Swiggy's Instamart quick commerce business from August 3. She replaces Amitesh Kumar Jha, who resigned on July 28 for other opportunities. Sinha previously led fashion e-commerce platform Myntra since 2022. This leadership change occurs as the quick commerce sector faces intense competition. Rivals…

The Economic Times

FIIs triple stake in Sterlite Tech after a stellar 400% surge this year. More legs to the rally?

Sterlite Technologies has surged over 400% in 2026, while FIIs nearly tripled their stake to 19.7% as of July 2026. The stock gained investor attention after strong Q1 FY27 results, a record order book, AI data centre opportunities and a bullish outlook from brokerages.

The Economic Times

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The Economic Times

The AI paradox: Why better technology demands better people managers

The State of Managers Report 2026 shows that as AI changes the way we work, managers are becoming more important than ever. At the same time, manager effectiveness is declining, burnout is rising, and employees are not always experiencing the support their managers believe they are providing.

The Guardian - UK

India’s Cockroach movement threatens to restart protests after mass student arrests

Cockroach Janta party says government has broken promise, with detentions in Delhi, Assam, West Bengal and Bihar

The Independent UK

India’s ‘cockroach’ protesters threaten to hit the streets again over mass arrests

Over 100 people have been arrested across India in days following nationwide protests against country’s education minister

The Economic Times

India's salary hotspots are no longer just the biggest metros

India's salary growth is becoming more geographically balanced, with Tier-2 cities such as Ahmedabad, Visakhapatnam, Nagpur and Jaipur recording projected increments close to leading metros, according to TeamLease's FY2026-27 Jobs and Salaries Primer. The shift reflects manufacturing expansion, industrial corridors and rising enterprise investments beyond traditional technology hubs.

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The Economic Times

Saransh Jain earns maiden India Test call-up at 33; ailing father's note became his motivation

Saransh Jain earned his maiden India Test call-up at age thirty-three. This achievement followed a journey marked by perseverance and strong family support. His father, Subodh Jain, a former cricketer, shared his own fulfilled dream. A handwritten note from his father during a health crisis became a source of strength.…

The Economic Times

India summons Meta head over removal of PM Modi's Facebook post, govt says issue 'far from settled'

India's IT Ministry summoned Meta's global public policy head regarding a removed post. Meta explained the prime minister's video removal was an error. The government found Meta's explanation unreasonable and requires further discussion. The restricted video addressed student concerns over the NEET paper leak issue. This incident raises questions about…

The Economic Times

Air India starts Easy Connect flights from Amritsar to 27 international destinations

Air India has launched Easy Connect services from Amritsar, allowing international passengers to complete through check-in and immigration at the city before connecting via Delhi. The flights offer seamless access to 27 overseas destinations, including the US, Canada, UK and Australia, under the government's hub-and-spoke aviation strategy.

The Economic Times

Asia's thermal coal imports continue to rebound, except for India

Asia's thermal coal imports are expected to rise for a third straight month in July, driven by stronger demand from China, Japan and South Korea during peak summer, Reuters reported. India is the exception, with imports projected to hit an 11-month low as higher coal prices discourage purchases despite record…

The Economic Times

Beyond the podium: The minds behind India's champions at CWG 2026

Coaches and support staff are vital to India's athletic success at the 2026 Commonwealth Games. Their extensive preparation and guidance enable athletes to perform at their highest levels. PT Usha emphasized coaches as strong pillars supporting every successful sporting campaign. Vijay Sharma's work with Mirabai Chanu Saikhom exemplifies this crucial…

The Economic Times

HSBC wins $5.5 billion of NRI deposits via leveraged strategy

HSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, outpacing global rivals. The strategy has helped attract diaspora wealth, contributing to the roughly $32 billion raised by Indian banks through foreign currency deposits.

The Economic Times

South Africa launches ETA: Indians can now get digital travel approval in 24-48 hours

South Africa has introduced an Electronic Travel Authorisation system for Indian citizens. This digital authorisation allows short-term visits without needing to visit a visa centre. Eligible travellers can apply online for tourism and business trips up to ninety days. The system is currently available for specific airports and will expand…

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