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The Latest Breaking News from India

'It's time to wake up': Udak Kotak's big warning to Indian businesses as even cash-surplus Google seeks $80 billion

Veteran banker Uday Kotak urged Indian companies to urgently invest in future technologies, especially AI, citing Google's massive $80 billion capital raise. He highlighted that global tech giants are aggressively reinvesting despite strong profits, a stark contrast to India's restrained long-term innovation spending. Kotak called for a renewed focus on…

The Economic Times

Time for India to focus on business of business, says Uday Kotak

Uday Kotak, Founder and Director of Kotak Mahindra Bank, emphasized that it is time for India to focus on the business of business now that other distractions have concluded. This call to action comes as global technology giants scale up their financial capacity to build next-generation infrastructure, highlighting a massive…

The Economic Times

Who is Khalilur Rahman, Bangladesh foreign minister elected President of UN General Assembly?

Bangladesh's Foreign Minister, Dr. Khalilur Rahman, will lead the United Nations General Assembly. He secured the presidency for the 81st session, beginning September 2026. This marks Bangladesh's return to this significant global role after nearly 40 years. India and Pakistan have extended congratulations. Dr. Rahman's leadership will shape discussions on…

The Economic Times

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Sensex tumbles over 1,100 points, Nifty below 23,200. 6 key factors behind today's D-Street rout

Indian stock markets experienced a significant downturn on Monday, with benchmark indices Sensex and Nifty falling over 1% each. Rising Iran-US tensions, persistent FII selling, and a surge in oil prices contributed to a broad-based selloff, wiping out over Rs 3 lakh crore from market capitalization. IT stocks also saw…

The Economic Times

Petrol, Diesel Price Today (June 3): Check fuel rates in Delhi, Kolkata, Mumbai, Chennai, Gurgaon and other cities

Petrol, Diesel Price Today: Fuel prices across India remained stable on June 3, with no significant changes reported in major metro cities for petrol and diesel. Despite global crude oil fluctuations, oil marketing companies maintained current retail rates, offering commuters temporary relief. CNG prices also saw no hikes, contributing to…

The Economic Times

Jio BlackRock plans access to global BlackRock ETFs for Indian investors via GIFT City

Jio BlackRock is expanding beyond domestic mutual funds, planning to offer Indian investors access to global BlackRock ETFs via its GIFT City platform. CEO Sid Swaminathan highlighted the venture's aim to provide international exposure across various asset classes, likely through ETFs or fund-of-funds structures.

The Economic Times

ETMarkets PMS Talk | We stayed fully invested through elections, tariffs and war fears — and outperformed: Manish Gupta & Viraj Mahadevia of MoneyGrow PMS

MoneyGrow PMS has navigated market volatility by focusing on businesses with consistent earnings growth. The fund house identifies opportunities in financials, manufacturing, and capital markets. Despite global uncertainties, they remain optimistic about India's long-term growth story. Their strategy emphasizes identifying companies with strong EPS growth outlook, leading to outperformance.

The Economic Times

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ETMarkets AIF Talk| Returns with liquidity: How Vivriti's semi-liquid debt fund is redefining private credit investing, says Priyam Kedia

Vivriti's Short Term Debt Fund offers private credit-like returns with periodic liquidity, resonating with investors. India's private credit market has matured, with domestic capital playing a dominant role. Vivriti emphasizes portfolio monitoring, AI integration, and expert advice for robust credit underwriting.

The Economic Times

ETMarkets Smart Talk | Don't mistake foreign outflows for an India exit story; smart money is becoming more selective: Milan Parikh

Foreign institutional investors are net sellers in Indian equities due to global concerns, but this reflects capital reallocation, not a loss of confidence. Smart money is becoming selective, favoring businesses with strong fundamentals and growth prospects. India's structural growth drivers and domestic consumption remain attractive long-term.

The Economic Times

Alkem Labs shares in focus as Goldman, Morgan Stanley, others purchase stake in Rs 930-crore block deal

Shares of Alkem Laboratories will be in focus after block deals worth around Rs 930 crore saw 17.88 lakh shares traded at Rs 5,200 apiece on Tuesday. Promoter-linked entities offloaded their stake, while domestic mutual funds and foreign institutional investors emerged as key buyers, signalling strong institutional participation. The company…

The Economic Times

AI, data centre boom powers these 9 stocks up to 477% in 2026. Can you still join the party?

India's data centre industry is experiencing a multi-year growth phase, fueled by digitalization, cloud adoption, and AI demand. This surge is driving significant gains in companies linked to data centre infrastructure, power, and hardware, with analysts suggesting the rally has further room to run.

The Economic Times

IndiGo shares fall as airline halts Manchester flights amid soaring operational costs

IndiGo shares fell after it temporarily suspended its flights to Manchester from August 31 due to extended airspace restrictions and soaring operational costs. This decision will see one of its leased Boeing 787-9 Dreamliners returned. Despite strong passenger demand, longer flight times and escalating expenses forced the airline's hand, though…

The Economic Times

US India trade relations: USTR reveals Section 301 findings, proposes 12.5% additional tariffs on imports from New Delhi & others

US tariffs on India: The US Trade Representative has initiated a significant proposal for additional tariffs targeting India and 53 other nations, driven by findings related to forced labor practices in production. This development is a crucial aspect of the ongoing trade negotiations between India and the US. In response,…

The Economic Times

Want to exchange old gold for new jewellery? Beware of these taxes

Indians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-value gold transactions, including large cash deposits or unexplained sources of funds. Proper documentation is crucial to avoid scrutiny and penalties, especially when dealing with inherited, gifted, or imported…

The Economic Times

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The Economic Times

Weather update: Kerala braces for monsoon arrival as IMD issues orange alerts; Delhi-NCR set for rain and thunderstorms

The southwest monsoon is set to arrive in Kerala around June 4, bringing very heavy rainfall and orange alerts for several districts. Meanwhile, Delhi-NCR will experience light rain, thunderstorms, and gusty winds through June 5, offering relief from the summer heat. This monsoon season is crucial for India's agriculture and…

MyLifeXP

How YouTube Teachers Crushed India’s Coaching Empire

For decades, cracking India's toughest exams seemed impossible without joining a famous coaching institute. Students left their homes, moved to crowded coaching hubs, and families spent lakhs of rupees chasing a dream. Success appeared locked behind classroom walls. Then something unexpected happened. A teacher with a smartphone could suddenly reach…

The Economic Times

PCB makers seek 50% price hike as Iran war crushes supply chains

Domestic PCB manufacturers are demanding a 45-50% price increase and duty exemptions for imported components due to escalating production costs driven by the West Asia conflict. The India Printed Circuit Association warns that localization efforts in the $7.27 billion market will stall if manufacturers continue to absorb losses, with input…

The Economic Times

Nexus, Rainmatter invest Rs 225 crore in Agilitas Sports

Agilitas Sports secured Rs 225 crore from Nexus Venture Partners and Rainmatter. This funding will fuel expansion in manufacturing, brands, and offline retail. The company is building a full-stack sportswear ecosystem. It acquired Mochiko Shoes and launched Lotto and One8 brands. Agilitas is also growing its multi-brand retail format, Sportsyard.

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The Economic Times

India leading the pack in AI adoption: Microsoft’s Puneet Chandok

India is leading Copilot's rapid adoption, with a 250% year-on-year growth in deployment. Major IT firms like Infosys, TCS, and Wipro are scaling licenses to over 100,000 employees each, signalling a shift towards AI as an operating model. Banking and manufacturing industries in India are also deploying agents in a…

AAP

Captain fit to lead England at Women's T20 World Cup

Nat Sciver-Brunt has overcome a calf injury and will lead England when the Women's T20 World Cup kicks off this month.

The Guardian - UK

Capsey and Knight’s mighty partnership guides England to T20 series win over India

England pulled off a statement run chase against India at Taunton, reaching their target of 181 with nine balls to spare thanks to a brilliant 137-run partnership between Alice Capsey and Heather Knight

The Independent UK

Alice Capsey inspires England to record run chase to seal series win over India

Capsey plundered 82 runs off 42 balls in a destructive innings that included nine fours and three sixes.

The Times of India

Indian man to be deported from New Zealand after being caught in underage sex ring, says he would face stigma back home

An Indian man, Nishanth Parakudiyil Prahladan, faces deportation from New Zealand after he pleaded guilty to having sought sex from a 13-year-old girl whom he thought was 19. The 25-year-old migrant worker contacted the girl in 2023 once and paid $250. He messaged and attempted to call the girl again…

The Times of India

Jailed Agusta middleman’s son calls for his release; questions additional charges, cites Nirav Modi case

Christian Michel's son, Alois, urges India to release his father, citing the AgustaWestland case and comparing it to Nirav Modi's extradition. He argues Michel has served maximum time for bribery and additional charges violate India's Extradition Act. The family seeks UK government intervention, while London assures consular support and engagement…

The Economic Times

War shifts 80% of India's diesel exports to Africa

India's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change happened as demand from Asia and Europe weakened. Geopolitical tensions also reshaped global diesel trade flows. Higher refinery operations in Asia reduced import needs. Europe received no diesel, while…

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