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The Latest Breaking News from India

India's brain-gain moment may be starting with a crack in the American dream

As green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally experienced professionals. Experts say GCCs, AI, semiconductors and product firms could absorb returning talent, though compensation gaps and ecosystem challenges remain.

The Economic Times

India's gross GST collections ease to Rs 1.94 lakh crore in May from April record as growth slows to 3.2%

India's Goods and Services Tax collections saw a moderation in May 2026, reaching Rs 1.94 lakh crore. This figure represents a 3.2% increase compared to the same month last year. Import-linked revenues significantly boosted overall collections, while domestic revenue experienced a decline. For the initial two months of FY27, GST…

The Economic Times

Rajat Patidar Birthday: How the quiet performer transformed RCB into champions, leading them to consecutive IPL 2026 titles

Royal Challengers Bengaluru secured their second consecutive Indian Premier League title in 2026. Captain Rajat Patidar guided the team to victory against Gujarat Titans. This win places RCB alongside Chennai Super Kings and Mumbai Indians in defending their IPL crowns. The bowling unit performed consistently throughout the season. Patidar expressed…

The Economic Times

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India may have found reliable trade route beyond Strait of Hormuz with Oman trade deal

India's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ensures a reliable energy and trade gateway for India, even amidst regional conflicts. This agreement is an investment in India's long-term energy and economic security.

The Economic Times

Markets in limbo as US–Iran uncertainty clouds global outlook: Geoff Dennis

Global markets are grappling with US-Iran standoff uncertainty, with conflicting signals leaving investors hesitant. Despite geopolitical tensions, oil prices remain below extreme forecasts, cushioning global markets. Near-term caution is advised due to stretched valuations and inflation concerns, though India's underperformance is linked to weak foreign inflows.

The Economic Times

India has 500 million gamers. Advertisers are still figuring out how to reach them

India boasts a huge gaming audience of 517 million players. This market is growing fast, projected to reach nearly $4 billion by 2029. Connectivity and device costs are no longer barriers. Players prefer free games supported by ads, a trend advertisers are increasingly embracing. While mobile gaming advertising faces access…

The Economic Times

Inflation and input costs threaten earnings momentum going forward: Dhananjay Sinha

India Inc. delivered strong March-quarter earnings, surpassing market forecasts. Revenue growth improved, supported by cost savings. However, concerns loom over moderating future earnings. Rising input costs and inflation pose challenges. Defence and metals sectors show resilience. Investors are advised to be selective in consumer stocks, favoring those with strong brands…

The Economic Times

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87% of Indian Gen Z prefer short trips & weekend breaks over long vacations: Report

The tourism sector is undergoing a dynamic shift as a preference for trips that last under a week, with weekend breaks and short getaways dominate the travel calendar.

The Economic Times

Markets poised for a positive run if geopolitical risks ease: Ambareesh Baliga

Market veteran Ambareesh Baliga sees Indian equities well-positioned if geopolitical tensions ease and macro conditions remain supportive. He highlights potential for a US-Iran accord, resilient corporate expectations, and a normal monsoon as key drivers for a positive medium-term outlook, especially for metals and private banks.

The Economic Times

India bonds dip as Middle East war woes add to policy week caution

Indian government bonds retreated as traders anticipated the central bank's policy decision and higher oil prices due to the Middle East conflict. The benchmark 2035 yield climbed, while overnight index swap rates surged, reflecting increased rate hike bets amid concerns over inflation and economic impact.

The Economic Times

India manufacturing activity rose in May despite cost pressures, PMI shows

India's manufacturing sector saw its fastest growth in three months during May, fueled by robust domestic demand and a surge in new orders. Despite intense cost pressures from rising energy and material prices, factory output accelerated. While hiring continued, business optimism dipped to a four-month low, though companies remain hopeful…

The Economic Times

Why India's Product Managers are racing to learn the language of AI

Product and business managers in India face a new anxiety: being surpassed by peers adept at leveraging AI. The product lifecycle is being rewritten, demanding new skills beyond traditional prioritization. Professionals must develop AI literacy and cross-functional fluency to effectively manage AI-driven products and make informed business decisions.

The Economic Times

Beyond rice, wheat: Why India must revive native ‘orphan crops’ for protein security

India can boost nutrition security, cut import dependence, and build a global smart protein industry by scaling climate-resilient indigenous crops, say experts.

The Economic Times

An LNG glut is on its way

The closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimately lead to a prolonged global LNG glut, according to the analysis. The crisis has exposed the risks of relying on LNG supplies passing through Hormuz, prompting…

The Economic Times

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The Economic Times

India keeps local jet fuel prices unchanged after airline plea

Indian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges from the Iran war. Aviation turbine fuel costs remain unchanged for June in New Delhi. Refiners also reduced prices for international flights. Airlines had previously seen price hikes and reduced…

The Economic Times

CITI welcomes temporary removal of 11% cotton import duty, calls it boost for textile exports

The move aims to boost the competitiveness of India's MSME-dominated textile sector amidst global challenges and support the nation's target of $100 billion in exports by 2030.

The Economic Times

NSE pre-IPO window to close soon with filing weeks away. Can buying unlisted shares now make you good money?

PSU banks achieved historic profit and NPA lows in FY26, yet analysts favor leading private banks for FY27. This shift is driven by superior earnings compounding potential and a more attractive risk-reward profile amid intensifying deposit pressures and global uncertainty. While PSU banks' structural tailwinds have largely played out, private…

The Economic Times

IndiGo soars 5% after Q4 results. What Goldman Sachs, Jefferies and others are saying

IndiGo's shares surged despite a Q4 FY26 net loss of Rs 2,536 crore, driven by Middle East conflict disruptions. Analysts remain largely positive, citing the airline's long-term growth strategy and India's strong domestic aviation demand, with several maintaining 'Buy' ratings and significant upside targets.

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Newslaundry

Interview: What the 2026 El Niño means for India

After a season of intense heatwaves, India will not have a lot of respite this monsoon, with the India Meteorological Department (IMD) forecasting a ‘below normal’ monsoon season. On Friday, IMD further downgraded its monsoon forecast to 90 percent of the long-period average as against the earlier 92 percent, and…

The Economic Times

Sensex gains 400 points, Nifty above 23,600; IndiGo, Infosys, Asian Paints among top gainers

Indian stock markets bounced back on Monday. The Sensex and Nifty saw gains of 0.5 percent each. This recovery followed a significant drop in the previous trading session. IndiGo shares led the gains, surging over 4.5 percent after their Q4 results. Broader markets also opened positively, with midcap and smallcap…

The Economic Times

Buy financials, healthcare, and manufactured exports; Pramod Gubbi on investing in a tricky market

India's Q4 earnings show recovery signs, with Nifty 100 profits up 13%. However, macro headwinds like rising crude oil prices and a depreciating rupee pose risks. Marcellus Investment Managers identifies three key themes for investors: private sector financials, healthcare, and manufactured exports, highlighting their compelling valuations and structural growth prospects…

MyLifeXP

Why PM Modi Says Every Indian Mango Has A Unique Identity

As temperatures rise, one fruit quietly takes over homes, markets, and conversations across the country mangoes. For many Indians, summer does not truly begin until the first mango arrives on the table. But have you ever wondered why a mango from Maharashtra tastes completely different from one grown in Bihar…

MyLifeXP

We Were Called Terrorists': Inside The CBSE Row Making National Headlines

Every year, millions of students place their future in the hands of board examinations. They trust that every answer they write will be evaluated fairly and accurately. But what happens when that trust is suddenly shaken? That is exactly what happened when Class 12 student Vedant Shrivastava claimed that the…

AAP

Mahindra and Manulife Insurance JV Moves Ahead; Gets Approval from Ministry of Corporate Affairs

MUMBAI and HONG KONG, June 2, 2026 /PRNewswire/ -- Mahindra and Manulife announced their partnership to create a life insurance business on November 12, 2025. Both companies have confirmed the incorporation of the JV company as Mahindra Manulife Insurance Limited (MMIL), following approval from the Ministry of Corporate Affairs. The…

The Economic Times

Muted opening likely as GIFT Nifty hints at a cautious start for D-Street

Indian markets experienced a significant downturn on Friday, with the Nifty closing 1.5% lower due to broad-based profit booking and increased volatility from MSCI index rebalancing. Analysts anticipate range-bound movement next week, though mid and small-cap stocks may continue to outperform. Global sentiment saw some relief from a potential US-Iran…

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