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The Latest Breaking News from India

Interventions hold rupee on narrow leash, traders await US sanctions on Iran

The Indian rupee showed little movement on Monday, remaining steady in a limited range due to ongoing central bank actions. Market participants are keenly observing potential U.S. sanctions on Iran, while the continuing conflict in the Middle East poses risks to oil prices and India's import reliance. Meanwhile, the dollar…

The Economic Times

Tears, heartbreak as India's women's hockey World Cup medal dream ends agonisingly

The Indian women's hockey team's World Cup semifinal dreams ended in heartbreak. A goalless draw against Australia eliminated them on goal difference. Players expressed deep disappointment after missing this significant opportunity. Coach Sjoerd Marijne also conveyed his sadness regarding the outcome. The team now prepares to compete for fifth place…

The Economic Times

India eyes 14-fold jump in electronic component production by FY31: Report

India aims for USD 500 billion in electronics production by FY31. Electronic component production is projected to reach USD 150 billion, a significant increase. Mobile phone manufacturing will also grow substantially, reaching USD 159 billion by FY31. Other categories like consumer electronics and IT hardware will see considerable expansion. This…

The Economic Times

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Caution over Trump's 'unpredictable' behaviour drove India to prefer against joint presser after Modi's meeting: Sources

India preferred not to hold a joint media interaction after Prime Minister Modi's talks with President Trump. This cautious approach stemmed from President Trump's unpredictable behavior towards foreign leaders. Discussions regarding leaders' public appearances are standard diplomatic practice and routine. The US envoy Sergio Gor mentioned India's preference for no…

The Economic Times

UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volume

UPI has completed a decade of transforming India’s digital payments ecosystem, with annual transactions surging from 1.78 crore in 2016-17 to 24,162 crore in 2025-26. Transaction value rose to Rs 314 lakh crore, while monthly volumes hit a record 2,366 crore in July 2026. UPI now operates across 11 countries…

The Economic Times

Midcap IT likely to see better H2, AI-led deflation weighs on FY27 growth: Anand Rathi

India's midcap IT services sector could see improved deal conversion and operating leverage in the second half of FY27, but revenue growth is likely to remain muted through the year as AI-led deflation, geopolitical disruptions and delayed deal ramp-ups weigh on near-term performance, according to brokerage firm Anand Rathi Shares…

The Economic Times

Marching in the Dark review – rural Indian widows show stunning resilience as they battle poverty and taboos

Kinshuk Surjan’s documentary follows women in dire financial straits whose bereavement compounds their social plight, which they confront together

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Before Xi Jinping's likely India visit, Chinese money is pouring in

India is cautiously reopening economic channels with China as Chinese linked investment returns after years of restrictions following the Galwan clash. More than $500 million has entered under revised investment rules, while NSA Ajit Doval’s Beijing visit and Xi Jinping’s expected India visit signal improving diplomatic ties. India is balancing…

The Economic Times

India’s satellite launch cost 4 times higher than US, Cambridge study finds; Space Dept disputes findings

A new study reveals that satellite launch costs in India are the highest among key markets. Government sources challenge this perception, highlighting the advantages of subsidies and strategic savings. To support the growth of private sector space ventures, various funding schemes are being implemented, with expectations of a sharp decrease…

The Economic Times

IndiGo co-founder Gangwal commits Rs 300 cr more to IIT Kanpur medical sciences school

Rakesh Gangwal has committed an additional Rs 300 crore to IIT Kanpur's medical school. This significant funding follows his previous Rs 100 crore contribution in 2022. The institute plans to establish a super-speciality hospital and a cancer research centre on campus. These facilities will foster interdisciplinary collaboration between engineers and…

The Economic Times

NSA Doval arrives in Beijing for talks with Chinese FM Wang Yi on boundary issue

China and India are set to hold crucial border talks in Beijing this Tuesday. This high-stakes meeting aims to de-escalate tensions and find a resolution to ongoing disputes along their shared frontier. Both nations are hoping for productive discussions to maintain peace and stability in the region.

The Economic Times

'I want to': Saina Nehwal expresses ambition to enter electoral politics

Badminton star Saina Nehwal expressed openness to future electoral politics and joining the BJP. She aims to contribute to national development beyond her sports career. Nehwal praised Treesa Jolly and Gayatri Gopichand for their bronze medal win. The duo secured a medal after a long wait for Indian women's doubles.…

The Economic Times

India’s new capex cycle is being driven by cash-rich giants, HSBC India CEO Hitendra Dave says

India's corporate investment cycle now features financially stronger companies expanding capacity. These well-capitalized groups are using internal cash flows for growth and consolidation. This differs from the earlier debt-heavy boom which relied on bank financing. HSBC India's balance sheet is expanding significantly, crossing five lakh crore rupees. Global capital flows…

The Economic Times

India 10-year bond yield clings to 6.85%; traders eye oil moves amid sanctions threat

Indian government bonds remained steady as traders awaited oil price movements. US sanctions on Iran could impact global crude prices significantly. Higher oil prices may fuel inflation and widen India's current account deficit. Reserve Bank of India policymakers are open to raising interest rates. Swap rates saw little activity after…

The Economic Times

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The Economic Times

Jaish-e-Mohammed’s Bahawalpur terror base restored after damage in Operation Sindoor: Report

Jaish-e-Mohammed's headquarters in Bahawalpur is back in action after extensive renovations at the Markaz Subhanallah complex over the past year. Indian forces responded with retaliatory strikes during Operation Sindoor, inflicting considerable damage. It appears that Pakistani authorities have invested significantly in the facility's reconstruction. With Masood Azhar facing health challenges,…

The Economic Times

Capital goods sector to stay soft in H1, recovery seen in H2FY27 on thermal orders: Report

India’s capital goods and power equipment sector may remain subdued in the first half of FY27 before recovering later, 360 ONE Capital said. Strong thermal power orders, private investment and government capex provide growth visibility, though geopolitical disruptions remain a near-term risk.

The Economic Times

Health Ministry announces medical device regulatory reforms for ease of doing business

The Ministry of Health has introduced new regulations for medical devices. These reforms simplify requirements and enhance transparency for businesses. Outsourced sterilisation rules are now easier for manufacturers to follow. Uniform testing fees and recognized EU jurisdictions reduce ambiguity. These changes facilitate timely access to advanced medical technologies in India.

The Economic Times

India, Gulf bloc discuss next steps on free trade agreement

India and the Gulf Cooperation Council reviewed free trade agreement negotiations in Riyadh. Discussions focused on strengthening bilateral relations and regional developments. Both sides affirmed the importance of continued coordination for stability. The GCC is India's largest trading partner bloc by far. Bilateral trade reached USD 178.56 billion in 2024-25.

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The Guardian - UK

Disciples review – fresh-faced boys are sucked into a nightmare of extremism in India

A prestigious school in the holy city of Varanasi and its controversial, dogmatic teachings are the subject of this shocking documentary

The Economic Times

Yashasvi Jaiswal hits back at criticism over Fernando altercation, says 'don't judge' without knowing context

Indian opener Yashasvi Jaiswal expressed his support for his exchange with Asitha Fernando, assuring that the situation needs context for fair judgment. He highlighted the fierce competitive spirit of the Indian team, which doesn't shy away from responding when challenged. The tense encounter happened post-Jaiswal's dismissal, with Sri Lankan captain…

The Economic Times

Infosys, HCLTech, other IT stocks gain on Nvidia’s likely price hikes. Are AI bubble worries coming true?

Indian IT stocks gained on Monday as reports of Nvidia’s potential server price hikes revived concerns over rising AI infrastructure costs and stretched valuations. The Nifty IT index rose over 1%, with Infosys and HCLTech among the gainers. Analysts, meanwhile, continue to debate whether India’s IT sector offers an “anti-AI”…

The Economic Times

India’s new service price gauge shows mixed Q1 trends; Air (Passenger) Service Price Index up 32%

Air passenger service prices jumped nearly thirty-two percent year-on-year in the first quarter of FY27. Other services showed mixed price trends, with banking and securities transactions declining. Management of pension funds and railway services recorded modest price increases during this period. This new Service Producer Price Index offers an early…

The Economic Times

No points system, no French job offer: What Indians need to know about France’s Profession Libérale visa

France’s Profession Libérale visa allows eligible Indian freelancers, consultants and business owners to move to France without a French job offer or employer sponsor. Here’s a look at its key benefits, financial requirements, application process and rules for long-term residence and family members.

The Economic Times

The 'trustworthy' changes in the lives of India's middle class

Digital payments and tax reforms have significantly altered middle-class spending habits. GST has streamlined consumption taxes, impacting everyday purchases and larger items. Real estate regulations offer homebuyers greater protection during significant financial commitments. JAM trinity and telecom reforms increased formal financial access for many citizens. Infrastructure upgrades and digital services…

The Economic Times

Yogi Adityanath attacks Rahul Gandhi over Manusmriti remarks, asks 'why destroy India's heritage?'

Uttar Pradesh Chief Minister Yogi Adityanath sharply criticized Congress MP Rahul Gandhi. He accused Gandhi of undermining India's traditions and democratic institutions. Adityanath referenced Gandhi's recent comments regarding the Manusmriti and past remarks on Lord Ram. The Chief Minister also questioned Gandhi's commitment to democracy and his role as opposition…

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