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The Latest Breaking News from India

How NRIs split foreign and Indian income across NRE and NRO accounts

Non-Resident Indians utilize NRE accounts to facilitate smooth transfer of their overseas income. For income earned within India, they commonly rely on NRO accounts. Many opt to hold both types of accounts to distinctly manage their finances. This distinction enhances clarity and simplifies record-keeping across various income sources, allowing NRIs…

The Economic Times

China joins India search for 22 missing after cargo ship sinks

Chinese authorities were assisting India's search for 22 crew members missing after a Panama-flagged cargo vessel sank in the Bay of Bengal last week, the Indian Coast Guard said. Despite locating an emergency beacon linked to the vessel, rescuers have yet to find any additional survivors, Indian Coast Guard spokesman…

The Economic Times

HAL, Safran sign final deal for Aravalli engine that will power India’s next-generation helicopters

The collaboration between Hindustan Aeronautics Ltd and Safran Helicopter Engines marks a significant milestone in aviation. They have secured a contract to produce the Aravalli engine, a helicopter engine generating 3,500 to 4,000 shp. Designed for HAL's future Indian Multi-Role Helicopter and its naval model, this project enhances India's independent…

The Economic Times

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NRI can’t sell Indian property before October 1, 2026 if buyer does not have TAN; Know how to apply for TAN online

The TDS rulesfor NRIs say that there isno thresholdlimit for TDS deduction, whereas resident Indians get a threshold limit of Rs 50 lakh before TDS isrequired to be deducted. Also the TDS rate for NRIs depends on three factors. Read the article.

The Economic Times

From Rs 1 lakh crore to Rs 2 lakh crore: Mumbai-Ahmedabad bullet train cost doubles; Here’s what’s behind the massive rise

The cost of the Mumbai-Ahmedabad bullet train project has nearly doubled to Rs 2.1 lakh crore. The revised estimate was presented to the Cabinet for approval on Tuesday. Delays in land acquisition and the procurement of train sets have contributed to the significant cost escalation. The entire corridor is now…

The Economic Times

MSMEs are embracing AI without understanding the privacy risks: PrivaSapien CEO

With key provisions of India’s Digital Personal Data Protection Rules set to take effect in May 2027, PrivaSapien CEO Abilash Soundararajan says MSMEs need to move beyond compliance checklists and build basic privacy and AI safeguards now.

The Economic Times

Pernia’s Pop-Up Studio parent Purple Style Labs sets IPO price band at Rs 546–575; subscription opens August 31

Purple Style Labs, the parent company of Pernia’s Pop-Up Studio, has set its IPO price band at Rs 546-575 per share. The Rs 680-crore issue will open on August 31 and close on September 2. The luxury fashion platform plans to use proceeds for retail expansion, marketing and corporate purposes.

The Economic Times

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Piyush Goyal proposes India-Japan 'Shark Tank' style startup series to boost investments, business ties

India proposed a startup pitching series similar to Shark Tank. This initiative aims to connect young startups from both nations. Indian startups can pitch for Japanese investments and partners. Japanese businesses are invited to collaborate with India for mutual prosperity. Cooperation between universities and venture funds will also increase.

The Economic Times

Khalistani separatist Pannun says FBI has warned him of new threat on his life

Sikh separatist Gurpatwant Singh Pannun has been reportedly warned by the FBI and Royal Canadian Mounted Police. This warning comes as Indian national Nikhil Gupta is set for sentencing in connection with a previous plot.

The Economic Times

Indian economic growth likely slowed to 7.1% in April-June quarter: Reuters poll

Indian economic growth slowed to 7.1 percent in the April-June quarter. Consumer spending and government expenditure supported this growth while private investment remained subdued. Rising crude oil prices pose risks to the economy and could strain household budgets. Economists forecast growth to lose momentum in coming quarters. The Reserve Bank…

The Economic Times

Inside the doping scandal that could threaten India’s Olympic dream

IN FOCUS: India has been placed alongside Russia on a list of countries with ‘extremely high’ rates of doping in sport, at a time when it is pushing to be named host of the 2036 Olympics. Namita Singh in Delhi explores why athletes here are taking performance-enhancing drugs – or…

The Independent UK

ETMarkets NRI Talk| ₹10 crore NRI portfolio: How Raghvendra Nath would allocate it across equities, debt and alternatives

Raghvendra Nath, MD, Ladder Up Wealth Management, believes equities should form the core of an NRI’s India portfolio, while fixed income and alternative investments can provide diversification.

The Economic Times

Four India-based companies engulfed in Trump's economic offensive against Iran

The United States has sanctioned four Indian companies and three individuals for facilitating Iran trade. These actions place Indian businesses dealing with Tehran under increased scrutiny. Washington aims to sever economic lifelines sustaining the Iranian regime through "Operation Economic Outcast". India maintains limited but strategically important economic ties with Iran,…

The Economic Times

ETMarkets NRI Talk | 50-60% in equities? R Sivakumar Axis MF CIO’s Rs 1 crore NRI portfolio playbook

R Sivakumar, CIO, Axis Mutual Fund, believes the starting point should be a diversified asset-allocation framework rather than market views alone.

The Economic Times

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The Economic Times

ETMarkets Smart Talk | Large caps look better for next 24 months, but hidden gems remain in smallcaps: Divam Sharma

Sharma sees a stronger case for large caps over the next 24 months, particularly given the steep valuation premium commanded by small caps.

The Economic Times

Delhi-NCR Weather Today August 26: Will it rain in Delhi, Noida, Gurugram and Ghaziabad? Check the latest IMD weather update

Delhi-NCR Weather Forecast August 26: Delhi-NCR anticipates cloudy skies and light rain today, with heavier storms possible tonight. Light rain may continue on August 27, followed by partly cloudy conditions. Noida and Gurugram expect intermittent showers and potential thunderstorms throughout the day. Ghaziabad also faces cloudy weather and possible rain…

The Economic Times

India and US discuss Indian Ocean Strategic Venture, deepen bilateral dialogue on vast region

In a strategic dialogue, India and the US focused on strengthening their partnership in the Indian Ocean, highlighting the importance of maritime security and infrastructure initiatives. Central to their talks was the India-US Indian Ocean Strategic Venture, designed to enhance connectivity and safeguard the region, revealing both nations' commitment to…

The Economic Times

India urges global cooperation to safeguard sea lanes for food, fuel at UNSC

India called for global cooperation to safeguard critical sea lanes for essential goods. Secure maritime routes are indispensable for uninterrupted movement of food and fuel. Conflicts increasingly generate ripple effects far beyond immediate areas of hostilities. The UN Secretary-General noted record armed conflicts and high levels of global hunger. India…

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The Economic Times

Tilaknagar Industries open to another large deal after Imperial Blue buyout, chairman says

Tilaknagar Industries is open to another large deal after its recent acquisition. Consolidation is gathering pace in India's dynamic liquor market. The company seeks to broaden portfolios and gain scale through acquisitions. Tilaknagar will focus on craft spirits within super premium segments. India is projected to become the world's largest…

The Economic Times

Delhi's LNJP Hospital readies 70-bed backup ward to handle potential surge in H1N1 cases

In response to the growing concern about H1N1, Lok Nayak Jai Prakash Narayan Hospital has launched a dedicated isolation ward for affected individuals. As the H1N1 strain of Influenza A takes precedence among respiratory pathogens in India, the hospital stands ready to enhance its medical infrastructure if the situation demands.…

Times Life

Chilika Lake's Hidden Biodiversity: The Aquatic Species Living in India's Largest Coastal Lagoon

A Lake That Is Not Quite a LakeChilika is a brackish water lagoon, not a freshwater lake, and that distinction is the biological engine behind everything that lives in it. Spread across roughly 1,100 square kilometres along the Odisha coast, it sits at the meeting point of the Mahanadi river…

The Economic Times

Skyways Air IPO Day 3: GMP indicates 21% listing premium; Issue subscribed 2.46x — Should you subscribe?

By the end of Day 2, the IPO was subscribed 2.46 times, with bids received for 2.95 crore shares on offer. Retail investors showed particularly strong demand, with their portion subscribed 3.54 times against the 1.48 crore shares reserved for them.

Times Life

3 Follow-Up Moves After a Job Interview in India That Signal Confident, Professional Intent

Send a specific thank-you email within 24 hoursThe generic "thank you for your time" email does nothing. Every candidate sends it. The one that gets read twice is the email that references something specific from the conversation, a challenge the interviewer mentioned, a project detail they seemed proud of, a…

The Economic Times

'I don't support the rally': Zohran Mamdani opposes RSS chief Bhagwat's New York event

Zohran Mamdani of New York City has indicated that he does not endorse the proposed RSS event. He mentioned the city's potential lack of jurisdiction to obstruct the private gathering. In addition, several civil rights and interfaith groups are protesting Bhagwat's attendance, advocating for Madison Square Garden to cancel the…

Times Life

Sweden and Finland in 10 Days: The Nordic Circuit for Indian Travellers Chasing Wilderness and Design

Why This Pairing WorksSweden and Finland share a border, a similar climate, and a design culture built on the same premise, that beauty should be useful. But they are not the same country, and the differences are what make the circuit worth doing. Stockholm is a city of water and…

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