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The Latest Breaking News from India

RBI dividend provides fiscal buffer, but inflation risks loom large: Kanika Pasricha, Union Bank

The Reserve Bank of India's dividend payout provides a small fiscal buffer. However, government finances face pressure from fuel excise cuts and rising fertiliser subsidies. Inflation risks are increasing due to higher fuel prices. This situation suggests a cautious approach to monetary policy as the central bank monitors economic indicators.

The Economic Times

Speaking diamond: A buyer’s glossary for India’s new disclosure era

India's Bureau of Indian Standards (BIS) now mandates clear labeling for natural versus laboratory-grown diamonds, enhancing consumer trust and transparency. This move addresses evolving buyer expectations, particularly among younger generations, who seek detailed information online. Retailers are adapting with clearer communication and technology like QR-enabled certificates to ensure informed purchasing…

The Economic Times

JM Financial AMC launches second Rs 1,000 crore performing credit AIF to tap private credit opportunity

JM Financial Asset Management has launched its second performing credit Alternative Investment Fund (AIF) to tap into the fast-growing private credit market in India and rising demand for structured credit investments. The fund will focus on lending to financially stable companies that are regularly servicing their debt obligations.

The Economic Times

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Rubio downplays anti-India rhetoric row, says Trump a 'big fan' of PM Modi

US Secretary of State Marco Rubio affirmed President Donald Trump's strong admiration for India and Prime Minister Narendra Modi. Rubio's visit aims to strengthen bilateral ties. He addressed concerns about alleged racist comments, attributing them to isolated individuals. Rubio emphasized the President's positive view of India, highlighting the importance of…

The Economic Times

Raja Shivaji enters record books as Marathi cinema’s first ₹100 crore blockbuster

Raja Shivaji has achieved a historic milestone, becoming the first Marathi film to surpass ₹100 crore at the India nett box office. Starring Riteish Deshmukh and featuring a cameo by Salman Khan, the historical drama has demonstrated remarkable consistency, even in its fourth week, setting a new benchmark for regional…

The Economic Times

Santy Sharma says Cockroach Janata Party 'feels more like internet drama than a serious movement', cautions Indians in strong-worded post

Rapper Santy Sharma has labelled the "Cockroach Janta Party" as mere internet drama, questioning its founder's past associations and nationalist claims. Sharma argues for focusing on real issues like employment and education over online provocations. His remarks on digital activism have sparked widespread debate, while a PIL seeks a CBI…

The Economic Times

Doesn't understand India, trying to incite youth against PM: Giriraj Singh slams Rahul Gandhi for 'govt will fall' remark

Union Minister Giriraj Singh has strongly criticized Rahul Gandhi. Singh accused Gandhi of trying to incite the country's youth against Prime Minister Narendra Modi. Gandhi had claimed the BJP government would fall within the year due to rising living costs. Singh asserted the nation supports PM Modi and is following…

The Economic Times

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India’s youngest airline adds flights while Iran war crimps rivals

India's youngest airline, Akasa Air, is emerging as a significant competitor, expanding capacity by 13.2% while major carriers like IndiGo and Air India reduced flights. This growth occurs amid disruptions from the Iran war, which has increased fuel costs and impacted international routes for established airlines.

The Economic Times

Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deep

India’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minister Narendra Modi urged citizens to avoid gold purchases for a year, the government raised gold import duty from 6% to 15% to reduce pressure on foreign exchange…

The Economic Times

Rubio's visit to India focuses on US trade tensions, the Quad alliance and sightseeing

U.S. Secretary of State Marco Rubio’s visit to India highlights efforts to stabilize relations between Washington and New Delhi

The Independent UK

Priority sector lending boosts inclusion, not always guarantee growth: EAC-PM

India's priority sector lending has aided financial inclusion for decades. However, a recent report suggests that simply increasing directed credit might not lead to higher economic growth. The analysis indicates that while these policies have helped reduce poverty, forcing credit into poorer districts may be inefficient. Priority Sector Lending Certificates…

The Economic Times

$Ajinkya Rahane: Physios cleared Varun Chakaravarthy to play despite fractured toe, said injury wouldn’t worsen$

Ajinkya Rahane: Physios cleared Varun Chakaravarthy to play despite fractured toe, said injury wouldn’t worsen

Kolkata Knight Riders captain Ajinkya Rahane revealed that spinner Varun Chakaravarthy played despite a fractured toe after receiving medical clearance. Rahane said KKR consulted BCCI and Indian team physios, who determined the injury would not worsen. Chakaravarthy's decision to continue playing despite pain highlighted his commitment to the team.

The Economic Times

India, Vietnam see rise in rice export rates as demand firms

Vietnam's prices are up as domestic stocks dwindle. Thailand's export rates have also increased. Pre-arranged sales and internal factors are influencing these price hikes. Production concerns are also emerging.

The Economic Times

Who is Gurindervir Singh? India’s fastest man breaks 100m national record, draws comparisons with Usain Bolt after historic 10.09s run

Gurindervir Singh has shattered India's 100m national record, clocking an astonishing 10.09 seconds. This remarkable feat, achieved twice in two days, secures his spot in the Commonwealth Games and silences critics who doubted Indian sprinters. The 25-year-old farmer's son credits his family, coaches, and the Reliance Foundation for his groundbreaking…

The Economic Times

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The Economic Times

Global equity flows chasing momentum, not value: Anurag Singh

Global equities show firm momentum, driven by US futures near record highs. However, a narrow rally concentrated in mega-cap stocks raises structural concerns, with sectors like healthcare and discretionary consumption showing weakness. Capital allocation is increasingly momentum-driven, with India temporarily out of favor for global investors.

The Economic Times

'When nations engage in conflict, neighbouring countries are invariably affected': UP minister Om Prakash Rajbhar on repeated fuel price hikes

Fuel prices are rising again across India. A minister blames global supply issues due to the Iran-US conflict. Petrol prices in Delhi have now crossed 100 rupees per litre. This is the fourth increase in less than two weeks. Opposition parties are criticizing the government. They say the hikes pressure…

The Economic Times

Mission Karmayogi 2.0 to institutionalise capacity building reforms across govt: CBC chairperson

Mission Karmayogi's next phase, Karmayogi 2.0, will institutionalize capacity building reforms across government systems, with a focus on states and frontline institutions. The initiative aims to integrate learning into daily governance and prepare public servants for an AI-enabled ecosystem. India is also exploring sharing its capacity-building platform globally.

The Economic Times

Congress calls fuel hikes "silent tax on households", accuses govt of "corporate protection racket"

Fuel prices have risen for the fourth time in ten days. Congress leaders condemn these increases as a silent tax on Indian households. They accuse Prime Minister Narendra Modi of prioritizing corporate interests over public welfare. These hikes impact daily essentials and household budgets across the nation.

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The Economic Times

Did you know? This Kantara actress, known for her powerful roles alongside Rishab Shetty in Kannada cinema, is the daughter of Uri attack martyr

Rukmini Vasanth, daughter of martyred Indian Army officer Colonel Vasanth Venugopal, is winning audiences over with her powerful performances in Kannada cinema. After earning widespread praise for her breakthrough role in Sapta Saagaradaache Ello, she is now gaining even greater recognition with her role in the highly anticipated Kantara: Chapter…

The Economic Times

Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?

Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength. These sectors are hitting new highs, driven by structural earnings visibility and long-term growth tailwinds, indicating a fundamental shift beyond mere defensive plays.

The Economic Times

Can salary-linked SIPs transform mutual fund investing for salaried Indians? Experts weigh in

Sebi has proposed a framework allowing salaried employees to invest in mutual funds through salary deductions, similar to EPF and NPS. This initiative aims to simplify investing for first-time users, potentially reducing SIP stoppages and boosting monthly inflows by offering a disciplined, automated savings channel.

The Economic Times

Arvind Panagariya on what RBI transfer of ₹2.87 lakh cr surplus to govt means for Indian economy

The Reserve Bank of India's record ₹2.87 lakh crore dividend transfer offers crucial fiscal support amid global economic turbulence. This substantial sum will bolster government spending on infrastructure, subsidies, and welfare programs. Experts highlight its importance for managing rising costs and maintaining economic stability, even as the RBI adjusts its…

The Economic Times

Rubio says India’s concerns over Pakistan are focused on terror groups, not Iran mediation role

US Secretary of State Marco Rubio highlighted India's focus on cross-border terrorism from Pakistan. He noted that India's concerns do not extend to Pakistan's role in facilitating US-Iran discussions. India consistently points to armed terrorist groups operating from Pakistani territory targeting the nation. This distinction clarifies India's primary security issues…

The Economic Times

'Not fond of Indians': Taiwan candidate Lee Hung-Yi's billboard banning turbaned man, upside-down Indian flag sparks concern

Taiwan anti-India billboard: A political candidate in Taiwan Lee Hung-Yi has ignited a social media firestorm with a billboard opposing Indian immigration and the flag. The controversial advertisement features a turbaned man and a 'no entry' sign. Indian residents in Taiwan have expressed feeling uncomfortable and offended by the display.

The Economic Times

Criticisms are justified, I haven't performed well: D Gukesh

Indian chess prodigy D Gukesh acknowledges his recent performances have not met expectations. He is preparing for his World Championship title defense later this year. Gukesh will participate in Norway Chess and the Chess Olympiad before his crucial match against Javokhir Sindarov. He expressed happiness about potentially defending his title…

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