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The Latest Breaking News from India

Investment firm Oister Global launches Rs 500 crore ACE Fund III

Oister Global has launched ACE Fund III, a Rs 500 crore fund focused on startup secondaries. The fund targets late-stage, high-growth companies with strong unit economics and clear liquidity pathways, Rohit Bhayana, cofounder of Oister Global, told ET.

The Economic Times

Marriott International and The Fern Hotels & Resorts Celebrate 75 Signings and 50 Openings for Series by Marriott in India

SINGAPORE, May 20, 2026 /PRNewswire/ -- Marriott International, Inc. today announced landmark dual milestones for The Fern Hotels & Resorts, Series by Marriott in India - 75 hotels have now been signed under the brand's founding collaboration with Concept Hospitality Private Limited (CHPL), while 50 of those properties are already…

AAP

India key partner, Estonia will be 'very happy' if PM Modi visits: Foreign minister

Estonia desires stronger ties with India. Foreign Minister Margus Tsahkna invites Prime Minister Narendra Modi for a visit. He also seeks India's participation in rebuilding Ukraine. Estonia sees India as a key partner for business and investment. The country is preparing to host the Ukraine Recovery Conference in 2027.

The Economic Times

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Peak XV joins UK infrastructure startup Primer’s $100 million funding round

Peak XV Partners has joined a $100 million fundraise for global payments infrastructure startup Primer, marking another overseas investment for the Indian VC firm. The funding will accelerate AI investments and US expansion, where Primer expects significant revenue growth.

The Economic Times

A nation of sporting moments, not yet a sporting culture

India celebrates sports in flashes, with non-cricket athletes often struggling for recognition and financial security. Despite government schemes, a robust ecosystem for all sports is missing. Cricket's dominance stems from its established infrastructure and commercial appeal. A cultural shift is needed, focusing on grassroots development, professional federations.

The Economic Times

Citi sees India tightening currency controls to halt Rupee slump

India may introduce more measures in the coming months to support the rupee and boost foreign reserves, including possible curbs on overseas investments by domestic companies, according to Citigroup. The report said rising oil prices and pressure on the current account deficit have pushed policymakers to consider steps to limit…

The Economic Times

Rupee under pressure; crude oil, bond yields and dollar strength create perfect storm: Naveen Mathur

The Indian rupee is facing intense pressure due to rising crude oil prices, a strengthening dollar, and widening deficits. The Reserve Bank of India has actively intervened, depleting foreign exchange reserves to manage volatility rather than defend a specific level. Importers should hedge, while exporters benefit from the weaker currency.

The Economic Times

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UN cuts India's 2026 GDP forecast to 6.4 pc, still among fastest-growing economies

The United Nations has lowered India's economic growth forecast for 2026 to 6.4 percent. This adjustment reflects global uncertainties and economic shocks from the West Asia crisis. Despite this, India remains one of the world's fastest-growing major economies. The UN notes that India is not immune to these global challenges.

The Economic Times

We are building India-specific models for early-growth and scaling companies: FulcrumQ’s Shefali Salwan

India is one of the most consequential markets for us, says Shefali Salwan, Founder of FulcrumQ, a global strategy and human capital advisory firm.

The Economic Times

CAG calls for use of data, tech to detect unfair practices in govt tenders

India should use data and technology to detect corruption and unfair practices in government tenders, with stronger coordination between the Comptroller and Auditor General of India and Competition Commission of India to identify collusion and protect public funds, Comptroller and Auditor General of India K. Sanjay Murthy said on Wednesday.

The Economic Times

Nepal embassy invites Indian content creators for sponsored trip; check eligibility and details

Nepal's Embassy in New Delhi is seeking Indian social media influencers for a special trip. Five content creators will be chosen to explore Nepal's beauty and culture. They will showcase mountains, temples, and local life through engaging digital content. This initiative aims to encourage more Indians to visit Nepal for…

The Economic Times

Rupee not just weak against dollar, falls over 10% in a year versus Pakistan's currency, Bangladesh Taka

Indian rupee vs Pakistan rupee: The Indian rupee has experienced a significant decline, not only against the US dollar but also against the Pakistani rupee and Bangladeshi taka. This weakening is attributed to rising oil prices and global market uncertainty, impacting overseas expenses for Indians and potentially widening the balance…

The Economic Times

Global funds ready for further Rupee weakness with 100 in sight

Global investors anticipate further depreciation of the Indian rupee, with some projecting a fall to 100 per dollar. This outlook is driven by rising oil import costs due to the US-Iran conflict and investor preference for the greenback. The rupee's decline has already eroded local gains for foreign funds, prompting…

The Economic Times

India must be alert amid West Asia crisis, no immediate worry: Civil aviation minister

India must stay alert to West Asia crisis fallout, though not worried now. Civil Aviation Minister Kinjarapu Rammohan Naidu stated this in Ranchi. Measures are in place to control airfares for domestic passengers. The government is monitoring air travel and will increase flights if demand grows. An investigation into an…

The Economic Times

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The Economic Times

Senior living market may surge to $14 billion by 2031 amid changing family structures: Experts

India's senior living sector is poised for substantial growth, projected to reach nearly $14 billion by 2031, driven by demographic shifts and evolving lifestyle preferences. Experts highlight a significant demand-supply gap, creating a long-term opportunity for developers focused on wellness, community, and safety-centric ecosystems.

The Economic Times

Experts see possibility of 50-75 bps RBI rate hike amid inflation pressures

Concerns are rising over India's economic outlook due to surging crude oil prices and inflation. Experts suggest the Reserve Bank of India might increase interest rates in the coming quarters. Global uncertainties and geopolitical tensions are adding pressure. While some anticipate a cautious pause, persistent inflation risks could lead to…

The Economic Times

Pune-based defence firm tests 300 km precise Suryastra rocket to provide big boost to Indian Army

Nibe Limited has successfully demonstrated its Suryastra rockets. The rockets achieved ranges of 150 km and 300 km. These firings took place at the Integrated Test Range in Chandipur, Odisha. The Indian Army had placed a procurement order for these rockets. This success significantly boosts India's indigenous defence manufacturing capabilities.

The Economic Times

GE Vernova T&D India shares jump 8% after Q4 profit surges 89% YoY to Rs 352 crore

GE Vernova T&D India shares jumped after the company posted a strong Q4FY26 performance. Net profit surged 89% year-on-year to Rs 352 crore, while revenue rose 42% to Rs 1,640 crore. EBITDA also climbed 77% to Rs 440 crore, supported by robust operational growth and strong order inflows.

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The Economic Times

Oil prices and dollar hold key to EM flows: Manpreet Gill

Global bond yields are climbing, prompting investors to re-evaluate market risks. This rise pressures equities, particularly those in the artificial intelligence sector. Experts note markets are reacting to inflation worries and oil price impacts. Investors are also adjusting to new leadership at the US Federal Reserve. This shift suggests a…

The Economic Times

The World Test Championship table has a new disruptor — and it is not India

Bangladesh has climbed to fifth in the World Test Championship rankings, surpassing India who have dropped to sixth. This shift occurred after Bangladesh secured a dominant 2-0 series victory over Pakistan at home. India, having not played a WTC match this year, now sits above only Pakistan among Asian teams.

The Economic Times

Banda heatwave alert: Uttar Pradesh braces for severe heat as IMD warns 11 districts; check Lucknow, Noida, Ghaziabad forecast

Banda heatwave: Uttar Pradesh is enduring a severe heatwave, with Banda recording India's highest temperature at 48.2°C for three consecutive days. Red alerts are issued for multiple districts, anticipating temperatures 3-4°C above normal. Unusually hot nights are also expected, offering little respite from the scorching conditions in the state.

The Economic Times

Kolkata man in Germany says India handled passport renewal faster than Berlin permit

An Indian national living in Germany shared his passport renewal experience. He found India's administrative process impressive despite its scale. Renewing his Indian passport took about six weeks. In contrast, obtaining an appointment at Germany's Foreigner's Office took six weeks. The printing of a new German residence card was expected…

The Economic Times

IT rally a dead cat bounce, ferrous metals and defence look promising: Nischal Maheshwari

Indian markets show signs of life, but expert Nischal Maheshwari urges caution. He sees a dead cat bounce in IT stocks and advises against chasing short-term gains. Green energy and export stocks are highlighted as long-term opportunities. Ferrous metals and defence sectors also present attractive prospects. Investors should be selective…

The Economic Times

'Impact on India less due to good management, foresight': Harsh Vardhan Shringla on global energy challenges due to West Asia crisis

India's energy crisis impact remains limited. Rajya Sabha MP Harsh Vardhan Shringla credits the government's effective planning and timely intervention. Energy prices globally have surged significantly. India has cushioned this impact through diversification of energy imports and reduced duties. No fuel shortage or panic buying has occurred. Oil companies absorbed…

The Economic Times

Fall 2026 applications are underway: What Indian students should focus on beyond admissions

Indian students targeting fall 2026 international education are shifting from destination-led to purpose-led decisions, prioritizing skills for a technology-driven economy. They are focusing on language readiness and overall preparedness, understanding that proficiency in English is crucial for academic success and employability.

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