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The Latest Breaking News from India

OpenAI to invest more in teams, partnerships in India, says Thomas Jeng

Codex has grown 27x since early 2026, and more than quarter of user requests on the platform are for non-coding tasks, the company said in a report.

The Economic Times

No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens margins

Indian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on delivery schedules ahead of the holiday season, even though demand remains steady.

The Economic Times

CJI administers oath of office to five new SC judges, strength rises to 37

Five new judges have taken oath as Supreme Court judges. Chief Justice of India Surya Kant administered the oath. The Supreme Court now has 37 judges, the highest ever. This follows an increase in the sanctioned strength to 38.

The Economic Times

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Chip Camp looks to build talent for India’s next-gen semicon engineers

Founded by Sanchit Kulkarni and Himanshi Sonava, it makes hardware engineering accessible through free resources, mentorship, and practical projects.

The Economic Times

Unified Lending Interface is a good start. Now comes the hard part

India's new Unified Lending Interface, ULI, promises to fix credit access. However, its true impact depends on fintech companies.

The Economic Times

FII exodus, crude shock, and Rupee under pressure: Deepak Shenoy breaks down India's market storm

Indian stock markets are facing tough times due to global economic factors. Deepak Shenoy of Capitalmind MF advises investors to look beyond immediate market swings. He highlights that while foreign investors are pulling money out, domestic flows are providing support. Shenoy suggests focusing on sectors like Pharma for defensive plays.

The Economic Times

'India is on the wrong side of the AI trade': Emkay's Nirav Sheth sounds the alarm

India is on the wrong side of the AI trade, warns Nirav Sheth. Foreign investors are chasing AI growth abroad, impacting Indian markets. Investors should focus on companies with 20% earnings growth. IT sector faces headwinds, not a temporary slowdown. Geopolitical risks and rupee depreciation add to macro concerns. Policy…

The Economic Times

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453 Nepali nationals rescued from alleged networking fraud operation in UP

The Embassy of Nepal in India announced the rescue of 453 Nepali citizens from an alleged networking fraud operation in India's Kushinagar district of Uttar Pradesh, following a coordinated effort involving Indian and Nepali authorities.

The Economic Times

India vs Afghanistan 2026 Tickets: How and where to buy IND vs AFG Test tickets online; Check prices, booking steps, categories & official platform

India faces Afghanistan in a Test match starting Saturday. KL Rahul is the new Test vice-captain. Jasprit Bumrah is rested for workload management. Tickets are available online via District. Matches will be broadcast on Star Sports and streamed on JioHotstar. Squads for both Test and ODI series are announced.

The Economic Times

Srinagar Airport announces partial runway closures for maintenance starting July 2026; total runway shutdown from October 1

Srinagar Airport faces flight disruptions due to Indian Air Force runway maintenance. As part of the maintenanace, the runway will be unavailable on Mondays and Tuesdays from July 1 to September 30, 2026. A complete closure is planned from October 1 to October 16, 2026. Passengers must check with airlines…

The Economic Times

Govt amends immigration rules: 180-day registration window relaxed, online appeals introduced

New rules for foreigners in India are now in effect. Those on visas for 180 days or less must register before their visa expires to stay longer. This change impacts registration timelines significantly. The rules also clarify procedures for children born to foreign parents. Hospitals now have revised reporting duties.…

The Economic Times

India calls for national ownership, transparency in UN Development System reforms

India highlighted the importance of the UN's development pillar. National ownership must be central to global development efforts. Discussions focused on strengthening support for countries' development priorities. Transparency and accountability are needed for the UN Resident Coordinator system. India also honored peacekeepers who sacrificed their lives.

The Economic Times

Open MSP procurement, storage to private sector: StarAgri CEO

StarAgri CEO Amith Agarwal advocates a bigger private-sector role in MSP procurement and storage to boost efficiency, warehousing capacity, and agri supply chains.

The Economic Times

India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: Report

Forecasts indicate that by FY27, India’s inflation could hit 4.8%, driven by crude oil prices projected at USD 90 per barrel. Factors such as the ongoing conflict in West Asia and a less favorable monsoon outlook are pivotal. Economic growth might taper to 6.3%, with both fiscal and current account…

The Economic Times

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The Economic Times

Sensex falls over 400 points, Nifty below 23,250 amid US-Iran tensions, persistent FII selling

Indian stock markets experienced a significant downturn on Tuesday. Both the Sensex and Nifty indices saw substantial declines. This drop was influenced by renewed tensions concerning the Iran-US conflict and continued selling by foreign institutional investors. Several major stocks, including Bajaj Finance, faced losses. However, IT stocks showed resilience, moving…

The Economic Times

BRICS meet in Puri from June 3-5 to see representatives from 11 countries

Odisha will host the second BRICS Disaster Risk Reduction technical meeting in Puri from June 3 to 5. Representatives from 11 countries will attend. The state was chosen for its disaster preparedness. Discussions will focus on financing, infrastructure, and traditional knowledge. India is chairing this year's BRICS presidency.

The Economic Times

India in “peak pessimism” phase, but cyclical recovery may lift earnings: Arbind Maheswari

Indian markets are navigating slow earnings growth and valuation worries. However, experts see early signs of a cyclical recovery. Despite current challenges, a shift in global capital flows and domestic growth drivers could lead to modest returns. Investors are looking towards sectors like energy security and defence for future opportunities…

The Economic Times

iPhone 18 Pro Max Price, Launch Date in India: Here are latest updates from leaks

Apple's iPhone 18 Pro and Pro Max may receive a significant camera upgrade with a variable aperture system, a feature typically found on professional cameras. This advancement, alongside a potential foldable iPhone, could lead to increased production costs and possibly higher prices for premium models. Apple might also alter its…

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The Economic Times

Morgan Stanley says Indian stock market poised for strong year ahead. Here’s why

Morgan Stanley remains bullish on Indian equities, citing an earnings upcycle, supportive macroeconomic conditions and strong domestic flows. The brokerage expects sustained growth driven by investment, manufacturing and AI-linked opportunities, while highlighting external risks. It projects the Sensex could reach 89,000, supported by robust earnings growth and improving market fundamentals.

The Economic Times

Petrol, Diesel price changed today on June 2? Check fuel rates in Delhi, Mumbai, Chennai, Gurgaon and other cities

Petrol, Diesel price today (June 2): Petrol and diesel prices remained stable nationwide on Tuesday, June 2, 2026, despite recent increases in crude oil prices. Analysts indicate state-run oil companies are still facing marketing losses on both fuels. Global oil prices saw minor fluctuations amid U.S.-Iran ceasefire uncertainty and Strait…

The Economic Times

30 Indians living and working illegally in US as truck drivers arrested, will be deported

Federal agents have arrested about 30 Indian nationals working illegally as commercial truck drivers in the US. These individuals were apprehended during 'Operation Checkmate' in Arizona. Many possessed expired employment authorization documents. They held commercial driver's licenses from various US states. All arrested individuals will be deported.

The Times of India

The week that was in international affairs: US-Iran deal hangs on nukes, Hormuz; Russia tests NATO

Welcome back to another edition of My Take 5, your weekly round-up of top international news. In this edition we are covering the US-Iran search for a deal to end their war, the Russian drone attack in Romania, growing India-Cyprus strategic ties, Armenia’s upcoming parliamentary elections, and Morocco emerging as…

The Economic Times

India-US meet to resolve final 'commas and full stops' of bilateral trade pact

India-US trade deal: New Delhi and Washington are resuming trade talks this week. Negotiators will work to finalize a bilateral trade agreement. India aims to secure relief from any tariffs arising from US trade investigations. The two nations are seeking a deal that benefits both countries. New Delhi denies allegations…

The Economic Times

Worked in the US, UK or Canada? Form 40 can help Indians defer income tax liability on foreign pension accounts

Indian residents with foreign pension accounts like 401(k) from working in the US, UK, or Canada can now defer India tax liability. By filing Form 40 electronically before the income tax return deadline, taxation shifts from accrual to withdrawal basis. This option, once exercised, is generally irrevocable but becomes void…

The Economic Times

Indian travellers worry more about forex costs than visa queues: Report

Indian travellers are set to spend more overseas following a tax reduction. However, managing travel budgets is their biggest worry. Many still exchange cash before trips. Hidden foreign exchange costs and unclear pricing are major concerns. Card reliability is more important than rewards. Southeast Asia remains the top travel destination.

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