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The Latest Breaking News from India

Why Vijay Removed The White Towel From His Chair

It was just a white towel on a chair. No speech. No announcement. No political slogan. But when Joseph Vijay quietly removed the traditional white towel from his official chair, social media exploded with reactions. For decades, the white towel has been a familiar sight in Indian government offices a…

MyLifeXP

Starbucks to open first corporate office in India for tech jobs

Starbucks is establishing its first corporate technology office in India, aiming for fiscal year 2027 to bring outsourced roles in-house and reduce costs. This move is part of a broader strategy to cut $2 billion in expenses and decrease reliance on external service providers, following recent layoffs and a shift…

The Economic Times

Rising oil prices, gold imports to widen trade deficit, CAD may touch 1.5-2% of GDP: ICICI Securities

With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India's current account deficit could rise meaningfully this year, ICICI Bank Global Markets warns. While resilient services exports should offer some cushion, the brokerage expects the current account deficit (CAD) to settle between 1.5-2…

The Economic Times

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Why Shani Dev Made A Hidden Promise To Hanuman

Every Saturday, millions of people visit temples of Hanuman and Shani Dev hoping for protection from suffering, bad luck, and obstacles. But very few know the mysterious reason behind this powerful connection. There is an ancient story hidden deep inside Hindu beliefs that changed the meaning of Saturdays forever. It…

MyLifeXP

China stands ready to deepen solidarity with partners: Chinese envoy to India on BRICS Foreign Ministers' Meeting

China's Ambassador Xu Feihong congratulated India on hosting the BRICS Foreign Ministers' Meeting. He highlighted constructive discussions on global issues and China's commitment to deepening BRICS solidarity and cooperation. China proposes strengthening strategic collaboration, economic ties, innovation, and people-to-people bonds. BRICS remains a key platform for addressing global challenges and…

The Economic Times

Friendly nations can rely on safe commerce, says Araghchi after meeting EAM; welcomes any positive role by India for peace

External affairs minister S Jaishankar and his Iranian counterpart Seyed Abbas Araghchi discussed the West Asia conflict and its implications, including the Strait of Hormuz situation, in their first bilateral meeting since the US-Israel and Iran war started in February.

The Times of India

Scientists find climate change is reducing oxygen in rivers worldwide

Global warming is causing rivers to slowly lose oxygen, threatening fish and other lives

The Independent UK

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Super-rich NRI who called himself 'recession-proof' in 2008 sent to jail: His New Jersey mansion had salt water pool surrounded by imported sand

Parmjit “Paul” Parmar, an Indian-origin investor who once called himself recession-proof as he continued splurging money in 2008, has been sentenced to five years in prison. Parmar pleaded guilty to conspiracy to commit securities fraud that involved inflating revenues, falsifying bank records, and misleading investors in a publicly traded healthcare…

The Times of India

'No evidence you suffered in India': Inside Sanaullah Khan Mohammed's failed attempt to get asylum in US

An Indian Muslim man, Sanaullah Khan Mohammed, who entered the US in 2016 on a tourist visa and then overstayed, and then sought asylum, citing persecution in India, was turned down by the US Court of Appeals for the Seventh Circuit as the judges found no merit in his application.…

The Times of India

Sugar Prices Pressured by Brazilian Real Weakness

July NY world sugar #11 (SBN26 ) on Friday closed down -0.19 (-1.27%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -4.40 (-0.99%). Sugar prices settled sharply lower for a second day on Friday amid weakness in the Brazilian real. The real (^USDBRL ) tumbled to a...

Barchart

On a Beijing business trip: Trump-Xi meet signals managed rivalry, not reset in US-China ties

President Donald Trump's recent visit to China focused on managing competition between the two global powers. Leaders Xi Jinping and Trump engaged in discussions aimed at stability and mutual respect. While no major breakthroughs occurred, both nations agreed on incremental steps to stabilize engagement. This managed competition acknowledges the dangers…

The Economic Times

Capital goods boom, apparel bust: India's manufacturing growth is concentrated where it creates the fewest jobs

India's industrial growth shows a worrying divide. Capital-intensive sectors driven by domestic demand are performing well. However, labor-intensive sectors crucial for jobs and exports are struggling. This imbalance limits India's manufacturing potential. Experts suggest a need for tailored export strategies to boost competitiveness and achieve broader economic growth.

The Economic Times

Sugar Prices Retreat as the Brazilian Real Weakens

July NY world sugar #11 (SBN26 ) today is down -0.24 (-1.60%), and Aug London ICE white sugar #5 (SWQ26 ) is down -5.30 (-1.20%). Sugar prices are sharply lower for a second day today amid weakness in the Brazilian real. The real (^USDBRL ) tumbled to a 5-week low...

Barchart

Indian, Chinese business leaders discuss deeper economic cooperation in Shanghai

Indian and Chinese business leaders met in Shanghai to boost economic ties. Discussions focused on trade, investment, and technology. India highlighted its economic growth and opportunities for global partnerships. Eastern China was identified as a key partner for industrial development and innovation. Both sides expressed interest in concrete collaborations to…

The Economic Times

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The Economic Times

Hinduja family tops UK's rich list under next-gen brothers

The Hinduja family has once again secured the top position as the UK's wealthiest. Sanjay and Dheeraj Hinduja lead the family with an estimated 38 billion pounds. This marks their fifth consecutive year at the pinnacle of the Sunday Times Rich List. Other prominent Indian-origin families like the Reubens also…

The Economic Times

India ready to extend all possible support for restoration of peace and stability in West Asia: PM Modi

India pledges full support for peace in West Asia. Prime Minister Narendra Modi condemned attacks on the UAE. He praised UAE President Sheikh Mohamed bin Zayed's handling of the situation. India stands with the UAE. The volatile situation impacts global security. India prioritizes dialogue and diplomacy.

The Economic Times

India's exports to China rise 27 pc in Apr; imports up 20.85 pc

India's trade with China saw significant growth in April. Exports to China surged by 27 percent, while imports increased by over 20 percent. This has led to a wider trade deficit with Beijing. China has now become India's largest trading partner. Meanwhile, trade with the US also saw changes. Other…

The Economic Times

Watch: India’s only ape species safely crosses Assam railway track using special bridge, Himanta shares ‘heartening’ video

A Hoolock Gibbon, India's only ape species, was recently seen using a specially built canopy bridge. This structure helps protect endangered primates crossing railway tracks in Assam's Hollongapar Gibbon Wildlife Sanctuary. The bridge, installed a year ago, allows arboreal animals to move safely above ground. This initiative showcases science-led conservation…

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The Economic Times

Kanye West concert cancelled: Ye’s debut India performance scrapped due to security directives. Refunds & rescheduling details inside

Kanye West India Concert Cancelled: Ye's highly anticipated India debut concert in New Delhi, scheduled for May 23, has been officially cancelled due to official security advisories. Event organizers, White Fox, cited public safety as their top priority and are working to reschedule the event for a new date and…

The Economic Times

India, UK working on British steel issue to operationalise trade pact: Commerce Secy

India and the United Kingdom are nearing the operationalization of their trade pact. Both nations are collaborating on a unique solution to address recent UK steel safeguard measures. These measures had created a hurdle for the Comprehensive Economic and Trade Agreement. The pact aims to boost bilateral trade significantly by…

The Economic Times

Ankur Warikoo course business closure: Rs 100 crore in sales, yet he’s shutting it down? Internet debates whether it’s real or a marketing move

Ankur Warikoo course business closure: Indian entrepreneur Ankur Warikoo has surprised many by closing his successful online courses business. The venture reportedly earned over Rs 100 crore. Warikoo stated it no longer makes sense to continue. This announcement has led to widespread speculation online about his next move. Some believe…

The Economic Times

India's exports hit record USD 863 bn despite global turmoil; on track for USD 2 trillion target by 2030: Piyush Goyal

India's exports touched a record USD 863 billion in FY26 despite global geopolitical tensions and disruptions in international trade, Commerce and Industry Minister Piyush Goyal said on Friday, asserting that the country remains on track to achieve its USD 2 trillion exports target by 2030.

The Economic Times

Government gives final nod to Emirates NBD's $3 billion majority stake in RBL Bank

Dubai's Emirates NBD has secured all necessary approvals for its significant investment in RBL Bank. This landmark deal, valued at approximately $3 billion, will see Emirates NBD acquire a majority controlling stake. The transaction is set to be completed soon. RBL Bank will operate as a foreign bank subsidiary. This…

The Economic Times

India's BRICS trade surges to $416 billion, but widening deficit raises policy imperative ahead of 2026 Summit

India's trade with BRICS nations shows strong growth. However, a widening trade deficit is a major concern. Imports from BRICS are rising faster than exports. Russia is a key import source. India aims to balance import dependencies and boost outbound shipments. The expanded BRICS bloc holds significant global influence.

The Economic Times

Sebi, CBDT ease PAN rules for foreign investors after onboarding concerns

Sebi and CBDT relaxed PAN compliance requirements for foreign portfolio investors after concerns over complex onboarding rules. The clarifications simplify documentation, contact disclosures and taxpayer identification requirements, aiming to maintain seamless foreign investor access and improve ease of doing business in Indian financial markets.

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