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The Latest Breaking News from India

Rupee seen testing record lows; bonds to extend fall on Iran war jitters

The Indian rupee is poised to hit record lows as investors grapple with growth-inflation risks stemming from the Iran war. Rising Brent crude prices are fueling global inflation concerns, prompting expectations of monetary tightening. India's policymakers are implementing measures to support the rupee and manage balance of payments pressures, while…

The Economic Times

Gold slips to 1-1/2-month low as Middle East tensions lift oil, cloud rate outlook

Gold prices dropped to a one-month low on Monday. Middle East tensions boosted oil prices, fueling inflation concerns. This reinforced expectations for sustained higher interest rates. Investors are awaiting US Federal Reserve meeting minutes for policy direction. India has also curbed silver imports to ease pressure on its currency. Other…

The Economic Times

Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart bet

Happy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This and more in today’s ETtech Morning Dispatch.

The Economic Times

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'Dangerous escalation': India expresses deep concern after drone strikes target Barakah nuclear facility in UAE

India on Monday expressed deep concern after a drone attack targeted the Barakah Nuclear Power Plant in the UAE, calling it a “dangerous escalation” amid rising Gulf tensions. The Ministry of External Affairs said such attacks were unacceptable and urged restraint, dialogue and diplomacy.

The Economic Times

PM Modi woos Swedish cos to invest in India, says 'reform express' going at full speed

Prime Minister Narendra Modi urged top European companies to increase investments in India during a high-level meeting with the European Round Table for Industry in Gothenburg, Sweden. The event was co-hosted by Swedish Prime Minister Ulf Kristersson and European Commission President Ursula von der Leyen.

The Economic Times

Petrol, diesel prices hiked for first time in 4 years; fuel retailers still face a gap of Rs 15-20/litre on sales

India is the world’s third-largest oil importer, heavily dependent on global markets and energy flowing out of the Persian Gulf. In a crisis, the government typically prioritises the protection of its 1.4 billion, price-sensitive consumers and containing inflation, but last Friday’s increase suggests it is beginning to restore a balance…

The Economic Times

Stocks in news: Vodafone Idea, Indian Oil, Tata Steel, Dr Reddy's, PFC

Markets closed lower amid geopolitical tensions, rupee weakness, and rising inflation. Upcoming week will be sensitive to US-Iran conflict implications for oil and inflation. Vodafone Idea reported a Rs 51,970 crore net profit due to an accounting gain, while Tata Steel and Hindustan Copper saw significant profit growth in Q4FY26.

The Economic Times

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Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & more

Uber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company is investing in tech centres and a data centre partnership with Adani Group, while exploring logistics and local commerce opportunities.

The Economic Times

FDE emerges hottest role in AI market, commands big pay premium

The forward deployed engineer (FDE) has emerged as the hottest job in AI, with companies like OpenAI and Google offering substantial compensation. These consultants are crucial for deploying AI agents and identifying high-impact use cases within organizations.

The Economic Times

Uber still ahead despite stiffening competition, playing to win: CEO Dara Khosrowshahi

Uber CEO Dara Khosrowshahi asserts the company's dominance, highlighting expansion into allied businesses and India's projected rise as its largest market. He also expressed openness to revisiting food delivery and potentially partnering with Travis Kalanick on autonomous vehicles, while emphasizing India's growing role in AI infrastructure development.

The Economic Times

Micron urges Indian firms to plan ahead as AI memory crunch set to deepen through 2028

A top Micron executive warns the global semiconductor memory shortage, fueled by the AI boom, is severe and could extend beyond 2028. Indian firms risk being unprepared due to price sensitivity and a reluctance to commit to long-term procurement contracts, despite the nation's push for sovereign AI infrastructure.

The Economic Times

India missed out on AI and now its run as market darling may be over

India faces a significant setback as artificial intelligence reshapes global investments. The nation's stock market is nearing a fall from the world's top five. Unlike Taiwan and South Korea, India lacks AI-driven rallies. Global investors are now prioritizing chip manufacturing, computing infrastructure, and AI models. This shift leaves India behind…

The Economic Times

Von der Leyen lauds 'dynamic new era' in EU-India relations as Modi visits Sweden

During the second leg of Indian Prime Minister Narendra Modi's European tour, he visited Sweden's Gothenburg to meet his Swedish counterpart Ulf Kristersson, European Commission Chief Ursula von der Leyen, as well as European and Indian business leaders.

Euronews

Get your G-Minus-2 on: China sets global power dynamics

China is leading global power dynamics with the US. India faces economic strain and a shifting geopolitical landscape. The nation's 'G-Minus-2' strategy is now a reality. China's new policies threaten supply chain diversification. India's economic vulnerability is evident. The Quad meeting in New Delhi will focus on China.

The Economic Times

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The Economic Times

Bullet train project: First tunnel boring machine cutterhead lowered at Mumbai's Vikhroli

The first Tunnel Boring Machine cutterhead has been lowered in Vikhroli for the Mumbai-Ahmedabad bullet train project. This marks a significant step in constructing a 16-kilometer tunnel section. The project includes India's first undersea rail tunnel. These machines are the largest used for rail tunnel construction in the country. The…

The Economic Times

PM Modi's Norway visit seen boosting India-Nordic business, startup ties: Industry voices

Ahead of Prime Minister Narendra Modi's upcoming visit to Norway, business leaders and startup representatives said the visit is expected to strengthen India-Norway economic cooperation, with a focus on sustainability, green technology, startups and skilled talent collaboration.

The Economic Times

Ordinance issued to increase number of Supreme Court judges from 34 to 38

The government has increased the Supreme Court's judge strength. An ordinance now allows for 38 judges, up from 34. This includes the Chief Justice of India. The law ministry notified the change on Saturday. Parliament will consider a bill to make this a permanent law. The Supreme Court currently has…

The Times of India

Backyard snake now a noose? Back-to-back attacks tarnish Pak army’s reputation

Media attention on Pakistan owing to its hosting of the US-Iran peace talks notwithstanding, a report said that the country’s military is “shockingly losing to militants it once nurtured,” after India's western neighbour topped the Global Terrorism Index 2026.

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The Economic Times

US nuclear industry delegation visiting India to explore opportunities

A US delegation is in India to explore nuclear energy cooperation. India has opened its nuclear sector to private companies. This presents a major opportunity for US firms. Both countries are also looking at fusion technologies and small modular reactors. India aims to significantly increase its nuclear power capacity by…

The Economic Times

BJP-led NDA governs 80 per cent of India, Congress wiped out in Gujarat local polls: Amit Shah

Union Home Minister Amit Shah celebrated BJP's victories in West Bengal and Gujarat local body polls. He stated the BJP and its allies now govern 80 percent of India's territory. Shah criticized the Congress and AAP for their poor performance. He praised BJP workers for their service during COVID-19, attributing…

Tom’s Hardware

ASML to equip India’s first commercial chip fab — $11 billion Dholera project targets 50,000 wafers a month

ASML and Tata Electronics have signed a memorandum of understanding to deploy ASML's equipment at India's first fab.

The Economic Times

PM Modi lands in Sweden, set to meet Kristersson & EU chief Ursula von der Leyen

Prime Minister Narendra Modi arrived in Sweden for discussions on trade, technology, and defense, marking the third leg of his international tour. He will meet with Swedish Prime Minister Ulf Kristersson and European Commission President Ursula von der Leyen to strengthen bilateral ties and explore new investment opportunities.

The Economic Times

"A dream come true": Indian diaspora rolls out grand welcome for PM Modi in Gothenburg ahead of Sweden visit

Prime Minister Narendra Modi has arrived in Gothenburg, Sweden. He is on a two-day official visit. The visit aims to strengthen bilateral relations. Discussions will focus on commerce, investment, and technological innovation. Leaders will explore new cooperation avenues. This visit marks a significant diplomatic milestone for India and Sweden.

The Economic Times

Sri Lanka's move to lease strategic airport near China-controlled Hambantota port sparks Indian interest

India is keenly watching Sri Lanka's move to offer control of Mattala Rajapaksa International Airport to foreign investors. This presents a significant opportunity for Indian companies to establish a strategic presence in the Indian Ocean. The airport, near the China-controlled Hambantota port, is being offered under a build-operate-transfer model.

The Independent UK

Behind the ‘LinkedInferno’: How tech workers are navigating Silicon Valley layoffs

Tech workers are reeling as AI and mass layoffs upend their formerly dependable and lucrative career path, Josh Marcus reports

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