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The Latest Breaking News from India

45 Indian coal power plants have critical low fuel, government data shows

Forty-five Indian power plants operate with critically low coal inventories now. Monsoon rains disrupt supplies and electricity demand rises amid hotter weather. Coal stocks have fallen significantly, impacting operational requirements for power generation. Heavy rainfall in key coal-rich states has slowed mining and transportation efforts. The power ministry has asked…

The Economic Times

India gets ready to build its own Samsung, Vivo or Xiaomi

India has emerged as a major global smartphone manufacturing hub, but it is yet to build a home-grown brand of comparable scale. A new Rs 62,500 crore government scheme aims to bridge that gap by incentivising Indian-owned brands, design, R&D and domestic sourcing, with companies such as Lava positioned to…

The Economic Times

US envoy Sergio Gor meets Piramal Group Chairman Ajay Piramal, discusses expansion plans in US

US Ambassador Sergio Gor met Piramal Group Chairman Ajay Piramal discussing economic ties. Gor lauded Piramal's growing United States footprint as a strong investment example. The Ambassador also met Cummins CEO Jennifer Rumsey regarding company operations. India's trade surplus with the United States narrowed in the recent fiscal year. These…

The Economic Times

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GAIL plans major expansion in gas, petrochemicals and clean energy, says chairman

GAIL plans pipeline expansion and diversified LNG sourcing for energy security. The company is scaling up petrochemicals and LPG infrastructure to meet demand. Investments in clean energy technologies are also a key focus area. GAIL's natural gas pipeline network is expanding significantly across India. These strategic moves aim to balance…

The Economic Times

India's racing sensation and F1 hopeful Atiqa Mir gets JK Tyre boost

JK Tyre has made a groundbreaking partnership with eleven-year-old karting star Atiqa Mir, who boasts a remarkable track record of international victories. By being the first Indian participant in the F1 Academy program, Atiqa follows in the footsteps of motorsport icons Narain Karthikeyan and Karun Chandhok. This collaboration underscores JK…

The Economic Times

Goldman Sachs says Britannia could see biggest cost impact as sugar prices continue to soar

Rising sugar prices are raising concerns over higher input costs for consumer companies, with Goldman Sachs identifying Britannia Industries as the most exposed among companies it covers. Nestle India and Varun Beverages could also face pressure. Tight global supplies, festive demand and adverse weather conditions are driving the commodity’s sharp…

The Economic Times

Piyush Goyal concludes Japan visit, says strong interest by Japanese businesses for India, robotics investment deal takes shape

Union Commerce and Industry Minister Piyush Goyal on Thursday concluded his four-day visit to Japan, saying the trip generated strong interest among Japanese businesses and also produced early investment outcomes, including a potential robotics manufacturing investment in India.

The Economic Times

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India’s budget math brightens with asset sales target in sight

India's fiscal position has improved significantly from earlier concerns. The government is set to exceed its asset sale target for the first time in eight years. Stronger tax collections and easing global fertilizer costs are bolstering government finances. This positive fiscal outlook contrasts with earlier revenue challenges faced by the…

The Economic Times

NDRF says no impact of Nepal flash floods in UP, Bihar till now; continuous vigil on

No adverse impact from Nepal flash floods has been observed in Bihar and Uttar Pradesh. The National Disaster Response Force is continuously monitoring the border areas and coordinating with state governments. Twenty NDRF teams are deployed on the ground for potential relief and rescue operations. India has already sent humanitarian…

The Economic Times

Captive buyouts: Are IT cos scaling up or skilling up?

Indian IT companies are buying client technology units to secure larger partnerships. This strategy aims to boost contract values as organic growth slows down. TCS, Wipro, and HCLTech have recently made significant acquisitions. These deals involve acquiring intellectual property and engineering talent. This trend revives a past strategy of acquiring…

The Economic Times

Georgia court grants bail to Rajahmundry-born teacher detained by US immigration authorities

A Rajahmundry-born teacher, Venkata Narasamamba Vasamsetty, received bail from a federal court in Georgia. She was detained by US Immigration and Customs Enforcement nearly two weeks prior. Vasamsetty has been a legal resident of the United States for nearly thirty years. Her family expressed relief but seeks clarity on her…

The Economic Times

Yamaha R2 launched in India: New 204cc bike focusing on lightweight sits above R15; check price, engine, variants, riding modes and key specifications

Yamaha has launched the new YZF-R2 in India as a more powerful step up from the R15. The 204cc supersport makes 26.5hp and 19.1Nm, weighs 149kg and comes in three variants. Prices start at Rs 2.30 lakh, while the top R2M gets adjustable forks and additional premium features.

The Economic Times

India’s Olympic medal gap starts before the Games, PM Modi points at 'bitter truth'

Prime Minister Narendra Modi emphasized increasing participation in new sports for Olympic success. He stated India does not compete in many Olympic events, which limits medal potential. Modi's vision integrates sports and youth power for national development. A nationwide talent hunt for children aged five to fifteen was announced. This…

The Economic Times

Cement prices likely to stay range-bound through September as post-monsoon demand recovery key: Report

Cement prices are expected to stay stable through September as demand remains weak. Companies are focusing on maintaining current price levels amid uneven market conditions. A strong post-monsoon demand recovery is crucial for future price increases. Rainfall patterns have impacted construction activity across various Indian regions. Demand is anticipated to…

The Economic Times

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The Economic Times

Stock market holiday: Are NSE, BSE shut on Friday for Rakhi? Check full list of upcoming holidays

The Indian stock market will remain open on August 28 despite Raksha Bandhan celebrations, with the NSE, BSE, MCX and NCDEX operating normally. Investors can also check the remaining six market holidays for 2026, including Ganesh Chaturthi, Dussehra, Diwali-Balipratipada, Guru Nanak Jayanti and Christmas.

The Economic Times

Piramal Finance’s Rs 2,100-crore QIP sees 10x demand as BlackRock, Goldman lead institutional interest

Piramal Finance’s first QIP since listing attracted bids worth around Rs 21,000 crore, nearly 10 times the Rs 2,100 crore on offer, amid strong demand from global investors and major domestic mutual funds. BlackRock, Goldman Sachs Asset Management and several leading Indian AMCs participated in the issue, which was priced…

The Economic Times

Hindalco commissions India’s first Superfine PPT ATH plant in Karnataka

Hindalco Industries has commissioned India's first Superfine PPT ATH manufacturing plant. This new facility at Belagavi will meet domestic demand for the specialty alumina product. The plant utilizes in-house technology and operates entirely on renewable energy sources. This development strengthens Hindalco's specialty alumina portfolio and enhances fire safety solutions. The…

The Economic Times

India bonds decline as debt supply caution overpowers oil moves

Indian government bonds fell on Thursday, opening flat before succumbing to pressures from heavy debt supply despite declining oil prices. Policy meeting minutes hinted at possible interest rate hikes should inflation risks emerge more broadly. Meanwhile, Brent crude oil prices dropped for the fourth day in a row, and overnight…

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The Economic Times

Canada updates visa processing times; Study, Super Visa waits rise for Indians

Canada updated visa processing times, increasing study permit waits for Indian applicants. Indian applicants now face a seven-week wait for study permits, a significant rise. Visitor visa processing for Indians also saw a slight increase to thirty-two days. Super visa wait times for India have now risen to sixty-one days.…

The Economic Times

Quick commerce expands to 477 cities as players target smaller, untapped markets: CLSA

Quick commerce is expanding rapidly into 477 Indian cities beyond major metropolitan areas. Newer players are targeting underpenetrated geographies, seeking a first-mover advantage in these markets. Established companies are deepening their networks in key cities while testing smaller dark store setups elsewhere. Blinkit leads in dark store count nationally and…

The Economic Times

AI can augment reasoning but cannot substitute judicial conscience: CJI Surya Kant

Chief Justice Surya Kant stated artificial intelligence can aid judicial reasoning but not replace conscience. A permanent apex body is proposed to oversee AI adoption and accountability in courts. India and Germany will exchange experiences on cross-border commercial mediation and dispute resolution. Both judiciaries are committed to a secure digital…

The Economic Times

Indian Railways has a plan for more tracks, less congestion and more trains: What are the train routes where your journey will become easier?

Indian Railways is set to upgrade seven heavily trafficked routes, transforming them into four-line corridors. This ambitious project targets approximately 11,000 kilometers of high-density track, addressing the rising demands for passenger and freight services. Ultimately, these improvements will contribute to India's efforts toward sustainable transportation and cost efficiencies, laying the…

The Economic Times

India’s space economy may grow 5x to $45 billion by 2030. Who is leading the boom?

India’s private space sector is shifting from prototypes to commercial operations, with the government targeting a fivefold expansion of the space economy to $40–45 billion by 2030. The startup ecosystem has grown to over 400 companies, with Skyroot Aerospace, Pixxel, Agnikul Cosmos and Digantara emerging as key private players.

The Economic Times

Nepal flash floods: Glacial collapse, not earthquake, triggered deadly disaster

Nepal flash floods were caused by a glacial collapse, not an earthquake. This event originated in Tibet and caused significant destruction in Nepal. The disaster killed 162 people and left 750 individuals missing. Among the missing are 133 Indian nationals who were in the affected areas. The US Geological Survey…

The Economic Times

Skyways Air IPO Day 4: GMP signals 31% listing premium; issue subscribed over 71 times

Skyways Air Services IPO culminates its bidding process today, attracting considerable interest from investors. The issue was subscribed 5.08 times, reflecting a robust demand from retail participants. Current grey market trends indicate a potential listing gain of around thirty-one percent. The firm intends to allocate the funds raised towards managing…

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