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The Latest Breaking News from India

Record pulses buffer to act as shield against El Nino, says govt official

India holds a substantial 43 lakh tonnes pulses buffer that will protect against supply disruptions and price hikes due to a potential El Nino. The government assures this stock can be utilized if the weather phenomenon affects kharif sowing. This buffer is significantly larger than previous years, built through assured…

The Economic Times

India, Venezuela eye energy partnership as Acting President Delcy Rodriguez wraps up New Delhi visit

India and Venezuela are strengthening energy ties. Discussions cover oil production and refining. Venezuelan Acting President Delcy Rodriguez visited India for talks with Prime Minister Narendra Modi. The visit aims to explore energy sector collaboration. India is a major energy consumer and Venezuela holds vast oil reserves. This engagement signals…

The Economic Times

India to use artificial intelligence for machine-readable standards, says Consumer Affairs Secretary Khare

India's Consumer Affairs Ministry is set to develop advanced, machine-readable standards using AI. This initiative aims to simplify compliance for industries. The Bureau of Indian Standards is transforming to support this modernization. The government is encouraging private sector testing infrastructure. Govt sets up 6 sector-specific groups to identify products to…

The Economic Times

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India's data centre capacity could hit upper end of 5-8 GW target by 2030; Adani, Reliance best placed, says Bernstein

India’s data centre capacity could expand to the upper end of the projected 5-8 GW range by 2030 from about 1.5 GW currently, according to Bernstein. The brokerage sees Adani Group and Reliance Industries as best positioned to benefit, citing their access to land, power infrastructure and transmission networks.

The Economic Times

ET Alpha Wealth Summit: India could unlock a $5 trillion export opportunity through FTAs, says Saurabh Mukherjea

He believes a combination of free trade agreements (FTAs), a weakening rupee, and shifting global supply chains could create a massive opportunity for Indian exporters over the coming decade.

The Economic Times

El Niño needs monitoring, but India better prepared than earlier: Bayer’s Simon Wiebusch

Farmers are increasingly recognising climate volatility as a long-term reality, driving greater adoption of climate-smart practices, says Simon Wiebusch.

The Economic Times

India should review FTAs, overhaul investment screening, report says

India should reassess the effectiveness of its existing Free Trade Agreements (FTAs), modernise its investment screening framework and adopt a more coordinated trade and industrial policy approach as geopolitical tensions and economic fragmentation reshape global commerce, according to a report by Koan Advisory Group in association with Chintan Research Foundation,…

The Economic Times

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PE wars to billion-dollar IPO dreams, hospital sector is fighting fit

Major private equity firms are vying for a stake in Cloudnine, a leading maternity and paediatric care chain. This intense competition highlights strong investor confidence in India's healthcare sector. The industry is entering a new growth phase driven by increasing demand, a shortage of hospital beds, and a rise in…

The Economic Times

Govt sets up 6 sector-specific groups to identify products to boost manufacturing, cut imports

India is boosting domestic manufacturing. Six expert groups will identify 100 products to reduce import dependence. This initiative aims to promote local production for both Indian and global markets. The move also seeks to curb foreign exchange outflow. These groups will submit their final list within three weeks. This will…

The Economic Times

India a strong long-term bet despite everything, says BofA India chief

Global investors see India as a strong long-term investment choice; despite market ups and downs, confidence in India's economy remains high, says BofA India CEO Sahu. According to him, manufacturing expansion offers significant investment potential.

The Economic Times

US economy remains strong, India must accelerate reforms and AI adoption: Ajay Srivastava

Market veteran Ajay Srivastava highlights the U.S. economy's robust performance, contrasting it with Indian investors' perceptions. He emphasizes the global economy's resilience despite geopolitical tensions and urges India to focus on its own economic development and embrace global diversification, particularly in AI adoption.

The Economic Times

In Manav Suthar versus Harsh Dubey, pin great Ravichandran Ashwin has his eyes on the latter

India spin great Ravichandran Ashwin is keen to see Harsh Dubey debut against Afghanistan. Dubey's strong domestic and IPL performances make him a contender. Kuldeep Yadav will lead the spin attack, supported by Washington Sundar. Captain Shubman Gill is expected to perform well at home after technical adjustments. Gill's success…

The Economic Times

SAS Mumbai comeback hits turbulence as inaugural flight turns back to Copenhagen

SAS's return flight to India faced a setback. The inaugural Copenhagen to Mumbai flight turned back mid-air. This happened because final regulatory approval was not received as expected. SAS is working to resolve the issue. The airline expects to start services soon. This route is important for connecting Scandinavia and…

The Economic Times

ET Alpha Wealth Summit: A 12% return is a really good job in markets, says HSBC MF CEO Kailash Kulkarni

HSBC Mutual Fund CEO Kailash Kulkarni urged investors to keep return expectations realistic, saying a 12% annual return is a strong outcome in equity markets. Speaking at the ET Alpha Wealth Summit, he highlighted export-led manufacturing as a key long-term opportunity and said AI could empower retail investors through better…

The Economic Times

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The Economic Times

BofA taps Avendus dealmaker Anshul Gupta in major post-Mizuho exit

Bank of America is strengthening its India operations. Anshul Gupta joins from Avendus Capital to lead the investment banking division. This move signals a renewed focus on India's booming financial market. Global banks are actively competing for a larger share of deals. Gupta's expertise is expected to boost Bank of…

The Economic Times

RBI MPC: A problem Shaktikanta Das had contained may be returning to haunt Sanjay Malhotra & Co

India's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progress. Policymakers are now considering a potential rate hike. This comes as the monsoon forecast also raises concerns about food prices. The RBI's focus shifts to managing inflation expectations amidst…

The Economic Times

Piyush Goyal says India to remain world's fastest-growing economy for next two decades

Union Commerce and Industry Minister Piyush Goyal on Thursday said India will continue to be the world's fastest-growing economy for the next two decades, highlighting the country's ability to convert crises into opportunities and attract long-term global investments.

The Economic Times

Indian immigrants founded more US unicorns than any other nationality: Report

Indian-born entrepreneurs lead in founding US billion-dollar startups. They have established 96 unicorns. Immigrants overall founded 59% of US unicorns. India stands first among immigrant founders. Israel and the United Kingdom follow. Immigrant founders contribute significantly to America's high-growth companies. International students also play a key role.

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Bangkok Post

Dry weather disrupting Asian agriculture

Planting delayed in in India, Southeast Asia and Australia as powerful El Nino takes shape

The Economic Times

Amit Khurana backs LTIMindtree, OFSS and eClerx as tactical bets

Amit Khurana of Dolat Capital has upgraded India's IT sector, citing depressed valuations and rupee depreciation as key drivers. He believes the market is underpricing these tailwinds, projecting double-digit net earnings growth for IT exporters by FY27. Khurana also highlighted four specific IT stocks he is backing, including LTIMindtree, OFSS,…

The Economic Times

Monsoon alert for travellers: Heading to hill stations? Check's IMD rain warning for these states

Monsoon update: Southwest monsoon has arrived in Kerala, signalling the start of India's crucial four-month rainy season. Southern and western India, including Tamil Nadu, Karnataka, Goa, and Maharashtra, are bracing for intense showers, strong winds, and potential travel disruptions. Travellers are urged to monitor weather forecasts closely for advisories impacting…

The Economic Times

India fights a familiar fear even as it keenly watches new US tariff move

India 12.5% new tariff: Indian exporters are watching US tariff reviews closely, hoping that trade talks will protect their market share. A uniform tariff could hurt India's advantage as buyers shift from China. India's strong labour laws are expected to help in negotiations.

The Economic Times

Modi government in panic mode on current economic situation: Congress

The Congress party alleges the Modi government is in panic over the economy. They point to a reported plan to remove capital gains tax on foreign investors in government securities. The party states the core issue is low private corporate investment in India. They argue that such measures are temporary…

The Economic Times

Hero MotoCorp shares rise 3% as firm unveils India's first 100cc flex-fuel motorcycles. Check details

Hero MotoCorp shares gained 3%, after launching India's first flex-fuel motorcycles, the Splendor+ and HF Deluxe, supporting sustainable mobility and India's transition to cleaner fuels. These 100cc bikes are compatible with E20 to E85 ethanol blends, aiming to reduce carbon footprint and crude oil imports. The company plans a phased…

The Economic Times

'India to pilot hydrogen buses, trucks on 10 roads; Reliance, Tata, NTPC among partners,' says Nitin Gadkari

India is launching a pilot project for hydrogen-powered buses and trucks on ten roads. Major companies like Reliance and Tata are partnering in this initiative. The country aims to become an energy exporter, moving beyond imports. This marks a significant step in India's energy transition, with flex-fuel vehicles also set…

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