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The Latest Breaking News from India

Indian envoy visits mortuary, injured nationals after Kuwait airport attack kills compatriot

India's Ambassador to Kuwait visited the mortuary and hospitals after an Indian national was killed and others injured in an attack on Kuwait International Airport. The embassy is coordinating repatriation and assistance efforts for the deceased and injured compatriots amid escalating regional hostilities.

The Economic Times

At CJP’s first presser, questions on funding, June 6 protest and politics

Journalists filed into the Deputy Speaker Hall at the Constitution Club of India well before the stipulated time. Seating ran out quickly, with some journalists settling on the floor.

Newslaundry

The great $100-billion tech shift: GCCs tighten grip on India’s talent market

India's Global Capability Centres (GCCs) jobs: India's Global Capability Centres (GCCs) are rapidly outpacing traditional IT services, driven by multinational corporations' need for control over IP, data, and AI. With a deep talent pool and higher compensation, GCCs are becoming the primary engine for specialized tech talent absorption, reshaping India's…

The Economic Times

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Virat Kohli ruled out of Afghanistan ODIs with hamstring injury

Indian batting star Virat Kohli will miss the upcoming ODI series against Afghanistan. He is sidelined due to a hamstring injury. The three-match series starts on June 13. Kohli's absence is a blow to the series. Rohit Sharma's availability is also subject to fitness. He was included in the squad…

The Economic Times

Forget IT giants, go for these 4 midcap stocks: How Dipan Mehta is rewriting his Indian IT playbook

Market expert Dipan Mehta urges investors to be selective. He highlights mid-cap IT firms like Coforge and Happiest Minds as outperformers. Engineering R&D stocks are also gaining traction due to global events. Specialty chemicals and real estate present opportunities. Mehta advises caution on large-cap IT and aviation sectors. Investors should…

The Economic Times

Aditya Shah favors domestic growth themes, stays bullish on IT and infrastructure sector

Aditya Shah of Hercules Advisors identifies EPC companies with strong order books as key infrastructure opportunities, favoring players like Ahluwalia Contracts and PSP Projects. He remains constructive on IT despite AI concerns, highlighting TCS and HCL Tech for their dividend yields. Shah also sees value in ITC due to its…

The Economic Times

JBM Auto shares climb 5% as it leads India's electric bus market in May with 49% share

JBM Auto shares climbed over 5% after the company emerged as India's leading electric bus manufacturer in May 2026, capturing a 49% market share. Strong registration growth, expanding electric mobility adoption and sustained leadership in the EV bus segment boosted investor sentiment, while the stock continued to display positive technical…

The Economic Times

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India to soon unveil incentives for lithium, nickel processing with around Rs 3,000 crore outlay, sources say

India's Ministry of Mines is preparing to introduce a new policy. This policy will offer incentives for processing lithium and nickel. The initiative has an estimated outlay of 30 billion rupees. This move is crucial for India's electric vehicle goals. The nation aims for significant electric car and two-wheeler penetration…

The Economic Times

Why simplicity wins: Lessons from SmartGaon to enterprise tech

From transforming rural communities through SmartGaon to building next-generation enterprise platforms, Yogesh Sahu’s journey offers a unique perspective on technology’s role in driving both social and economic impact.

The Economic Times

India's tougher grid rules unsettle investors, test clean energy ambitions

India's new power grid rules are causing concern among clean energy investors, who say stricter penalties for solar and wind projects would reduce returns. This comes as India aims to significantly expand its renewable energy capacity. Investors warn this could slow down the much-needed investment for the energy transition in…

The Economic Times

Sensex falls over 300 points, Nifty below 23,350 amid persistent FII selling

Indian stock markets opened lower on Thursday, with Sensex and Nifty declining due to persistent FII selling and global headwinds. Geojit Investments noted that geopolitical uncertainties in West Asia and FPI outflows are weighing on the market, suggesting a cautious approach for investors.

The Economic Times

Exclusive | Is the India story over for FIIs? BofA says investors don't want to miss what's next

India's global equity market capitalization ranking has dropped to seventh as foreign investors shift focus to AI opportunities in Taiwan and South Korea. Despite this, genuine excitement for India's long-term economic potential remains, with investors preparing for its eventual resurgence.

The Economic Times

Consumer sector beats expectations but faces commodity crunch from Q2, warns BofA Securities

India's consumer and retail sector saw a strong first half of FY26. GST cuts and a favorable base effect boosted consumption. However, rising input costs from West Asia and monsoon uncertainty now pose risks. The second quarter of FY26 is a critical point as low-cost inventory depletes. Rural demand sentiment…

The Economic Times

India weather update: Southwest monsoon enters Kerala today; Delhi-NCR brace for light rain, thunderstorms and gusty winds

The southwest monsoon has officially arrived in Kerala, bringing widespread rainfall and thunderstorms to southern India. The India Meteorological Department forecasts significant rain across several states, including Kerala and Coastal Karnataka, while Delhi and surrounding regions also brace for unsettled weather. The monsoon's progress is crucial for agriculture and water…

The Economic Times

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The Economic Times

Petrol, Diesel Price Today: Has India seen another hike on June 4? Check fuel rates in Delhi, Mumbai, Gurgaon, Chennai and other cities

Petrol, Diesel Price Today: Fuel prices held steady across India on June 4, offering consumers a brief respite. However, rising global crude oil prices, nearing $95 per barrel, are fueling speculation about potential hikes. Such an increase could significantly impact household budgets, transportation costs, and overall inflation, making future fuel…

The Economic Times

Why Amazon has struggled to crack India

Amazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as local competitors like Flipkart and Reliance Retail gain significant ground. Amazon faces challenges adapting to India's market complexities and regulatory environment. The company is re-evaluating its investments and operational…

MyLifeXP

Why This Modi-Trump Meeting Could Change More Than Trade

The world is watching France. Not because of a major conflict or economic crisis, but because two of the world's most influential leaders may soon find themselves in the same room. Prime Minister Narendra Modi and US President Donald Trump have not met in person since February 2025. Since then,…

The Economic Times

Ola’s valuation crashes 99%; Snapchat India ad push

Happy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Dispatch.

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Bangkok Post

Delhi hotel blaze kills 21, including 12 foreigners

NEW DELHI - ⁠The Delhi government will launch a crackdown on properties violating fire safety norms after ‌a fire at a hotel in the Indian capital killed 21 people on Wednesday, including 12 foreign nationals, the chief minister’s office said.

The Economic Times

Peak XV in talks to back Ringg AI as voice AI gains attention: Sources

Peak XV Partners is reportedly leading a $10 million funding round for Bengaluru-based voice AI startup Ringg AI, highlighting investor enthusiasm for the technology. This move underscores the growing recognition of voice AI beyond call centers, with investors now segmenting the market into various applications. The trend signals a significant…

The Economic Times

PixelSky invests Rs 40-45 crore in biofuels firm GPS Renewables

PixelSky Capital, backed by IndigoEdge and Yumlane founder Hitesh Ahuja, has invested Rs 40-45 crore in waste-to-energy firm GPS Renewables. The company builds compressed biogas plants, aligning with India's energy security goals. PixelSky aims for a final close of its Rs 400 crore Fund-I by July.

The Economic Times

Indian cyber, telecom, banking & finance firms get access to Mythos; IT left out

Several Indian organisations in cyber, telecom, finance and banking have gained early access to Anthropic's advanced Claude Mythos AI model. The govt is actively working to expand this access, with select public entities, including CERT-In, set to receive previews. This initiative aims to bolster cybersecurity for India's critical infrastructure.

The Economic Times

Indian VCs expand US footprint to tap AI boom early

Indian tech investors are increasingly establishing a presence in the US, particularly in the Bay Area, to tap into the booming AI sector. This strategic move aims to foster closer relationships with innovative startups and secure a competitive edge in a market dominated by AI advancements.

The Independent UK

Briton jailed in India after his wedding asks Foreign Secretary to help secure release

‘I’m stuck in a broken country with a broken judicial system,’ Jagtar Singh Johal said to the Foreign Secretary

Evening Standard

Briton jailed in India tells Foreign Secretary he is ‘stuck in broken country’

Jagtar Singh Johal, from Dumbarton, was arrested by Indian authorities in 2017 just weeks after his wedding, and has been detained there ever since.

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