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The Latest Breaking News from 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

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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

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

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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…

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

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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.

The Economic Times

Mahanadi Coalfields gets govt nod for IPO; Coal India to dilute up to 25% stake

The government approved the listing and disinvestment of Mahanadi Coalfields through an IPO, enabling Coal India to dilute up to 25% stake. MCL may raise fresh capital through multiple routes, marking another major PSU divestment initiative aimed at expanding investor participation in state-owned enterprises.

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The Economic Times

3 years of derivatives relaunch: How Sensex turned Rs 2 crore premium into Rs 33,000 crore options business

BSE has rapidly expanded its derivatives business through Sensex weekly options, sharply increasing turnover, market share and profitability. Lower transaction costs, rising retail participation and algorithmic trading boosted volumes, while derivatives growth significantly strengthened BSE’s revenue, earnings and position in India’s booming options market.

The Economic Times

Iran FM Seyyed Abbas Araghchi assures EAM S Jaishankar of commerce safety through St of Hormuz

In a significant diplomatic encounter, Iran's Foreign Minister Seyyed Abbas Araghchi engaged with India's External Affairs Minister S Jaishankar. During their meeting, Araghchi emphasized Iran's commitment to ensuring safety in trade, assuring Jaishankar that Iran remains a steadfast ally in securing the critical Strait of Hormuz.

The Economic Times

‘Need a Neeraj Chopra moment in esports’: Nodwin Gaming founder Akshat Rathee

India seeks a global esports victory to boost its standing. Experts emphasise skill development and a robust ecosystem. Tencent's investment signals a commitment to local talent and high-quality gaming experiences. The sector aims to bring Indian content to international audiences. Building a complete ecosystem, including training and infrastructure, is crucial…

The Economic Times

Flipkart puts IPO on ice; Rapido's $240 million raise

Flipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.

The Economic Times

India's trade with West Asia contracts for second straight month in April amid shipping disruptions

April marked a downturn in India’s trade relationship with West Asia, as both exports and imports experienced a staggering reduction of more than 28%. The unrest linked to the US-Iran situation has severely disrupted shipping operations, affecting vital trade channels. This decline particularly threatens major Indian sectors, including jewels and…

The Economic Times

How Indian meditation practices are gaining ground across the globe

Indian meditation is gaining popularity worldwide. Major cities like London, New York, and Toronto are seeing more meditation programs. People are seeking ways to manage stress and anxiety from modern urban life. These practices, rooted in Indian traditions, offer balance and emotional well-being. Scientific research supports their benefits, making them…

The Economic Times

From kitchen storage to recycling bins: How Deposit Refund Schemes can change India’s plastic economy

India is exploring Deposit Refund Schemes (DRS) to tackle plastic waste, where consumers pay a small deposit on packaged products, refunded upon return for recycling. This initiative aims to improve collection rates and boost the recycling system, though integration with the existing informal sector and consumer convenience are key challenges.

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