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The Latest Breaking News from India

Fuel price hike may become inevitable amid rising crude stress: MK Surana

India's oil marketing companies face escalating under-recoveries due to persistent crude oil supply disruptions and an uncertain global market. Industry veteran MK Surana warns of intensifying financial stress, suggesting a potential retail fuel price hike may become inevitable to manage the growing burden on fuel retailers.

The Economic Times

Why New Zealand is emerging strongly in India’s study abroad reset

The India-New Zealand FTA signals a significant shift in international student mobility, with New Zealand emerging as a primary choice for Indian students. This change is driven by policy stability, clear post-study work pathways, and a more sophisticated cost-benefit analysis, moving beyond traditional destination preferences.

The Economic Times

Bayer strengthens its phygital connect with Indian farmers as FarmRise app reaches 5 million users

The initiative also includes digital marketplaces, satellite-based insights for risk protection, and AI-powered advisory, aiming to enhance farmer decision-making and sustainability.

The Economic Times

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5 Safest Cars Under ₹10 Lakh Nobody Talks About

Buying a car in India is no longer just about mileage and features. Today, one question matters more than ever how safe is your car when things go wrong? For years, many buyers believed strong build quality only came with expensive SUVs and luxury brands. But that belief is now…

MyLifeXP

DRI, Customs officers to intensify vigil on gold smuggling post import duty hike

Revenue intelligence and customs officials are preparing to tighten surveillance across airports, seaports and land borders after India raised import duty on gold and silver to 15%. Authorities plan to increase monitoring of smuggling routes, carrier networks and foreign syndicates to prevent a revival in illegal gold trade following the…

The Economic Times

India rolls out new gold math with import duty hike. Who will foot the bill?

India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange reserves amid rising risks from the Middle East conflict. The move follows Prime Minister Narendra Modi’s appeal to avoid unnecessary gold purchases and foreign travel.

The Economic Times

Nu Skin Enterprises Q1 Earnings Call Highlights

Nu Skin Enterprises (NYSE:NUS) reported first-quarter 2026 results that management said were in line with expectations, as the company continued to invest in its Prysm iO wellness platform and emerging-market expansion while navigating macroeconomic pressures on consumers and supply chains. Preside

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Indian state leader removes personal astrologer from key government role after backlash

Rationalist critics and opposition leaders had argued that such an appointment would promote superstition over scientific thinking

The Independent UK

Rupee hits all-time low of 95.74 vs USD as outflows, oil risks weigh on outlook

The Indian rupee hit a new all-time low on Wednesday, falling 0.1% to 95.7450 per dollar. This decline was driven by consistent overseas debt repayments and importer hedging, overshadowing any relief from increased duties on precious metal imports. The ongoing U.S.

The Economic Times

Uber teams up with Adani for first data center in India

Uber CEO Dara Khosrowshahi announced a partnership with Adani Group to establish Uber's first data center in India. This facility, set to be operational later this year, will enable Uber to test and deploy technology, supporting its growth as a global innovation hub for the company.

The Economic Times

Enterprise software company Zoho invests Rs 70 crore in ONDC

Zoho Corporation has invested Rs 70 crore in ONDC to bolster India's sovereign technology and empower MSMEs. This move aims to make digital commerce more accessible, enabling small businesses to expand their reach and achieve growth. ONDC, backed by various financial institutions and government bodies, facilitated 218 million transactions in…

The Economic Times

Jewellery stocks take Rs 60,000 crore hit in 3 days on govt's double-blow. Is the worst behind?

Jewellery stocks have plunged up to 20% in three sessions, erasing nearly Rs 60,000 crore in investor wealth after PM Narendra Modi urged households to defer gold purchases and the government hiked import duties. The double blow has rattled sentiment, though analysts see no structural threat to India’s long-term gold…

The Economic Times

Gold imports from Dubai may rise after duty hike: GTRI

India's recent hike in import duties on gold and silver opens the door for enhanced trade relations with Dubai. Thanks to the India-UAE trade agreement, gold coming from Dubai will incur a more favorable 14 percent duty, a welcome change from the anticipated 15 percent. This scenario creates an exciting…

The Economic Times

Pakistan inducts new Chinese submarine, puts focus on India’s undersea strength and pace

Pakistan commissioned its first Chinese-built Hangor-class submarine, PNS Hangor, boosting its AIP-equipped fleet to four. This marks the first of eight vessels China will deliver by 2028, enhancing Pakistan's underwater endurance. This development comes as India faces delays in its P-75I submarine program and plans for its own AIP capabilities.

The Economic Times

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The Economic Times

Gold import duty hike triggers buying rush and volume concerns, says Senco Gold MD

India's gold jewellery market is adjusting to a new reality. An import duty hike is causing consumers to rush purchases. Industry experts predict a drop in sales volumes. Consumers are expected to opt for lighter, lower-value jewellery. This shift could also benefit retailers through higher margins on lower karatage items.…

The Economic Times

'Husbands support PM's no-gold buy appeal for a year' Memefest erupts over social media, check hilarious posts on 'gold rush'

Prime Minister Modi's call to reduce gold buying has sparked widespread online humor, with husbands across India celebrating the appeal. Social media is flooded with memes and jokes, portraying this as a long-awaited government endorsement for delaying expensive jewelry purchases and prioritizing savings.

The Economic Times

'Rich Dad Poor Dad' Robert Kiyosaki warns global economy is about to crash in 2026, but says it will be a good news for those...

Robert Kiyosaki's latest warning: As India sharply raises import duty on gold and silver to 15%, precious metal prices are surging — and now Robert Kiyosaki’s latest warning about an economic crash is going viral online. The Rich Dad Poor Dad author says silver remains one of his best investments…

The Economic Times

Petrol, diesel price hike in India a matter of time if Middle East conflict persists: RBI Governor Sanjay Malhotra

India faces potential retail fuel price hikes if the Middle East conflict persists. RBI Governor Sanjay Malhotra indicated this possibility due to rising energy import costs and inflation risks. The government has already reduced duties and state refiners are absorbing losses. Prime Minister Modi urged citizens to conserve fuel. Oil…

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The Economic Times

The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?

India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflows and stabilise the rupee, experts warn it may simply push more demand into the grey market, with limited impact on India’s structural gold appetite.

The Economic Times

Jaishankar meets Chilean FM Mackenna; discusses trade diversification, multilateral cooperation

India and Chile are boosting economic ties. External Affairs Minister S Jaishankar met his Chilean counterpart to enhance cooperation. Discussions focused on diversifying markets and promoting exports. Commerce Minister Piyush Goyal also reviewed progress on a Comprehensive Economic Partnership Agreement. This pact aims to expand trade and investment between the…

The Economic Times

India's vegetable oil imports jump 13 per cent in first half of 2025-26 on palm oil surge

India's vegetable oil imports surged 13 percent to 7.94 million tonnes in the first half of the 2025-26 oil year. Palm oil shipments nearly doubled, boosting overall imports. This rise occurred despite increased cooking oil prices and a depreciating rupee. Stocks of vegetable oil also showed a significant increase, indicating…

The Economic Times

West Bengal CM Suvendu Adhikari sworn-in as MLA in Legislative Assembly

Suvendu Adhikari took oath as West Bengal Chief Minister following a significant BJP win. He bowed to the assembly steps before entering. The new government's first cabinet meeting resolved to transfer land to the Border Security Force for fencing the India-Bangladesh border. This move aims to address illegal infiltration. The…

The Economic Times

Former Mohun Bagan president Tutu Bose dies at 79

Kolkata's Maidan circles mourn the passing of Swapan Sadhan Bose, 'Tutu Babu', a former Mohun Bagan President. He died at 79 following a cardiac arrest. Bose was a significant figure in Indian football administration for over three decades. His leadership saw Mohun Bagan embrace foreign players and corporate partnerships.

The Economic Times

Payback for help during India-Pakistan war? Iran's jets at Nur Khan airbase trigger memories of 1971

Pakistan confirmed Iranian military aircraft landed during the US-Iran conflict, sparking questions about its neutrality as a mediator. While denying military contingency use, Islamabad stated aircraft arrived during a ceasefire for diplomatic support. This has revived historical comparisons and intensified US scrutiny over Pakistan's mediation role, leading to calls for…

The Economic Times

Sensex to hit 89,000? Why Morgan Stanley is betting big on India Inc after 6-quarter slowdown

Morgan Stanley has turned more bullish on India, forecasting the BSE Sensex could rise to 89,000 by June 2027, implying around 15% upside from current levels. Strategist Ridham Desai said India is emerging from a six-quarter earnings slowdown into a stronger growth phase after a “mid-cycle” pause.

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