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The Latest Breaking News from India

India’s GDP revisions explained: What changed and why it matters

Amidst the ongoing West Asia crisis, the Indian economy is expected to take a hit: the World Bank’s latest projections suggest that the country’s GDP growth could fall to 6.6 percent in this financial year.

Newslaundry

MobiKwik shares surge 8% after the company gets RBI nod for payment aggregator license

One MobiKwik Systems shares surged after the company received in-principle RBI approval for its Payment Aggregator-Physical licence, strengthening its offline merchant payments business. The fintech firm also reported a return to profitability in Q4 FY26, supported by revenue growth and improving operational performance across its merchant ecosystem.

The Economic Times

SC notice to Centre on plea alleging 'vague' definition of wetland

The Supreme Court has asked the Centre to explain the definition of wetlands. A petition claims the current definition is vague. This vagueness reportedly excludes many important wetland sites from protection. The court is examining if the definition violates constitutional rights. Responses are expected by August 10. This legal challenge…

The Economic Times

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RBI, rating firms assess Iran war risks on Indian companies

The Reserve Bank of India is proactively assessing potential borrower stress due to the US-Iran conflict, engaging with local credit rating agencies. Discussions focused on evaluating ground conditions and the need for temporary regulatory relief to safeguard creditworthiness. Authorities aim to prevent economic growth from being hampered by any emerging…

The Economic Times

Ranveer Singh banned by FWICE over Farhan Akhtar's Don 3: What does it mean for the Dhurandhar actor?

The Federation of Western India Cine Employees (FWICE) has issued a non-cooperation notice against Ranveer Singh, impacting over four lakh members. This follows his last-minute exit from Farhan Akhtar's "Don 3," with producers claiming over Rs 45 crore spent in pre-production. The directive, while not a legal ban, could disrupt…

The Economic Times

Nandan Nilekani's Fundamentum bets big on AI, deeptech with Rs 3,000 crore purse

Fundamentum Partnership has launched F2A, a Rs 3,000 crore frontier-tech investment platform focused on AI and deeptech startups. The firm will invest between Rs 40-90 crore in 12-15 companies over three years, targeting commercialization-stage businesses in sectors like semiconductors and robotics where India has strategic advantages.

The Economic Times

Nandan Nilekani's Fundamentum bets big on frontier tech with Rs 2,000 crore fund for AI, deeptech

The Economic Times

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IT still a question mark; 6 sectors where Envision Capital's Nilesh Shah is actually putting money

Nilesh Shah, MD and CEO of Envision Capital, is buying through market volatility but steering clear of IT, questioning the validity of current business models amidst AI's disruptive potential. He highlights six sectors poised for growth, including digital platforms, D2C brands, and defence hardware, while seeing AI as a tailwind…

The Economic Times

Hungrier to go one step further as series win against India a boost: Wolvaardt eyes T20WC crown

South Africa's captain Laura Wolvaardt expressed the team's heightened desire for an ICC title after successive near-misses, fueled by a recent series win over India. Reaching back-to-back T20 World Cup finals has intensified their hunger to finally cross the final hurdle and clinch the trophy.

The Economic Times

B2B quick commerce startup Fairdeal raises $15 million from Bertelsmann India, others

B2B quick commerce platform Fairdeal.Market has secured $15 million in a funding round led by Bertelsmann India Investments. The company aims to deliver over 1,000 SKUs to kirana retailers within 60 minutes using a dark store model.

The Economic Times

HPCL, Tata Motors partner for used lubricant pilot project

Hindustan Petroleum Corporation Ltd and Tata Motors have joined forces for a pilot project. This collaboration aims to create an organized system for managing used automotive lubricants. The initiative will focus on collection, storage, and recycling of this hazardous waste. It supports India's Extended Producer Responsibility framework.

The Economic Times

India emerging as key APAC growth hub for AI talent and energy security: Colliers Report

India is emerging as a key growth engine in the Asia Pacific region. Driven by advancements in Artificial Intelligence and a strong demographic advantage, the country is attracting global firms. Significant investments in AI and a focus on energy security are transforming corporate real estate strategies. India's large, young, and…

The Economic Times

Quad vows to invest $20 billion towards critical minerals supply chains

India, Australia, Japan, and the US are pooling up to $20 billion to bolster critical minerals supply chains. This initiative aims to reduce import reliance and boost local industries by supporting mining, processing, and recycling. The Quad partners will identify and back projects crucial for advanced technologies and regional economic…

The Economic Times

Double Tap Films takes 21 Hindi microdramas global with TikTok partnership

Double Tap Films, a Pratilipi studio, is distributing 21 Indian microdrama shows on TikTok in the US, Canada, Brazil, and Japan. This marks a significant international deal for Indian vertical-format content. The partnership aims to test global demand for these short-form stories. Indian microdrama is rapidly growing, attracting investor interest…

The Economic Times

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International Business Times UK

Who Is Abhijeet Dipke, Founder of Cockroach Janta Party, Behind Viral India Debate on Satire vs Political Rebellion

Abhijeet Dipke, founder of Cockroach Janta Party, is at the centre of a viral India debate on satire, youth voice and political rebellion

The Economic Times

Delhi Gymkhana Club vs Centre: The legal fight over one of India’s most elite social addresses

The Centre has ordered the Delhi Gymkhana Club to vacate its 27.3-acre Lutyens' Delhi premises by June 5, citing urgent need for defence infrastructure and public projects. The club, a century-old elite institution, has challenged the order in the Delhi High Court, sparking a legal battle over reclaiming leased land…

The Economic Times

Dietary balance remains missing as India continues to gorge on cereals

Many Indians consume too many grains and not enough proteins, vegetables and fruits. This imbalance affects health, contributing to malnutrition and lifestyle diseases. The findings highlight a need for dietary diversification across the nation.

AAP

Quad nations target Indo-Pacific security and energy

The Quad, consisting of Australia, India, Japan, and the US, has agreed on new initiatives for maritime security, critical minerals, ports and energy security.

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The Economic Times

Geopolitical stability will decide market’s next move: Sandip Sabharwal

Indian equity markets are holding above 24,000, buoyed by improving sentiment and steady earnings, though geopolitical tensions remain a concern. Market expert Sandip Sabharwal suggests the current rally is a rebound from overly negative investor positioning, with sustainability dependent on crude oil prices and West Asian developments.

The Economic Times

India’s scorching nights strain power grid and threaten health

India faces a dual threat from dangerously hot summers and increasingly sweltering nights, exacerbated by global warming and urban heat islands. This sustained heat strains both people and power infrastructure, leading to record energy demand and widespread blackouts, particularly impacting vulnerable populations.

The Economic Times

Forget Hantavirus and Ebola, this deadly virus has killed over 500, mostly children, in India's neighbouring country. Check signs and symptoms

A severe measles outbreak in Bangladesh has claimed over 500 lives, predominantly young children, with over 60,000 suspected cases reported. In a single day, more than 15 children died in Bangladesh, sparking concerns. Hospitals are overwhelmed, struggling with a lack of intensive care beds. Health officials express alarm over the…

The Economic Times

First Taiwan, then South Korea? How global AI supercycle is demoting Indian stock market

A global AI-led market shift is driving massive foreign capital outflows from India toward East Asia’s technology hubs, with overseas investors pulling nearly $24 billion from Indian equities this year. Fueled by the AI boom and a sharp rally in Taiwan Semiconductor Manufacturing Company, Taiwan has overtaken India as the…

The Economic Times

'She forgot fourth F - falling private investment': Congress' dig at Sitharaman's '3Fs' call

The Congress party has responded to Finance Minister Nirmala Sitharaman's focus on fuel, fertiliser, and forex. Party leader Jairam Ramesh highlighted a critical omission: the declining rates of private investment. He stated that businesses are hesitant to invest domestically due to economic concerns and a perceived negative atmosphere. This contrasts…

The Economic Times

India's rising heatwave triggers surge in eye problems; ophthalmologists urge preventative care

India's extreme heatwaves are causing a surge in severe eye conditions, including dryness, redness, and allergies, as intense UV radiation and dehydration disrupt the natural tear film. Experts highlight increased vulnerability in children due to vacation screen time. To safeguard vision, essential habits like hydration, UV-protective eyewear, and the 20-20-20…

The Guardian - UK

Family of missing woman hope raid on UK-based sect will bring answers

Seven years after Lisa Wiese went missing, a police raid on the Ahmadi Religion of Peace and Light has given her family a glimmer of hope

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