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The Latest Breaking News from India

India may have found a new export tailwind

India's weakening rupee is boosting export competitiveness. This adjustment helps Indian goods and services become more affordable globally. However, sustained export growth hinges on strong international demand and stable domestic inflation. The government highlights India's strong macroeconomic position amidst these developments. This situation presents a potential tailwind for Indian trade.

The Economic Times

US defence chief credits Trump for India-Pakistan peace, hails India as key Indo-Pacific partner

US Secretary of War Pete Hegseth spoke at the Shangri-La Dialogue in Singapore. He credited President Trump for helping broker peace between India and Pakistan. Hegseth also emphasized India's crucial role as a partner in Washington's Indo-Pacific strategy. He noted India's growing military and industrial capabilities.

The Economic Times

The Rise of “Sleep Tourism” in India: People Are Traveling Just to Rest

People Are No Longer Traveling to Explore. They’re Traveling to RecoverThere was a time when vacations were about doing more. More sightseeing. More shopping. More photos. More places covered in less time. Now, many Indians are doing the exact opposite. They are checking into silent retreats, mountain cottages, forest resorts,…

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22k gold rate today: Check 24k, 22k, 18k gold prices (May 30, 2026) at IBJA, Tanishq, Joyalukkas, Kalyan Jewellers and Malabar Gold & Diamonds

Gold prices continued their downward trend on Saturday, May 30, 2026, with major Indian retailers reporting lower rates. This decline is attributed to softer global bullion prices and reduced safe-haven demand, leading to a modest correction in domestic gold rates across various karats.

The Economic Times

FIIs pull out massive Rs 20,637 crore in single day on Friday. What led to this sharp exit?

Foreign portfolio investors offloaded Indian equities worth a net Rs 20,637 crore on Friday, marking one of the sharpest single-day selloffs. This significant outflow coincided with the MSCI index rebalancing, leading to heightened trading volumes and prompting questions about the role of high-frequency trading in amplifying market movements.

The Economic Times

India faces test of oil, inflation and monsoon risks despite economic resilience, FinMin report shows

India's economy shows cautious resilience. Domestic strengths support the outlook despite global challenges. Manufacturing and services are growing. Labour markets are stable. Foreign exchange reserves offer protection. However, rising crude prices, tighter finances, and a weak monsoon pose risks. Inflation needs careful watching. Navigating the coming year requires adaptability to…

The Economic Times

Gen Chauhan exits as CDS after leading tri-services integration efforts

Chief of Defence Staff Gen Anil Chauhan concluded his tenure, calling it very satisfying. He focused on enhancing synergy among the three services. Gen Chauhan played a key role in planning and implementation of Operation Sindoor. He also initiated measures for India's theaterisation model. Lt Gen NS Raja Subramani will…

The Economic Times

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Military exercise Pragati concludes in Meghalaya with participation from 13 nations

Armies from 13 nations converged in Meghalaya for the 'Pragati 2026' military exercise. Soldiers trained in counter-insurgency operations and specialized drills. The exercise focused on building mutual trust and interoperability among participating countries in the Indian Ocean region. Discussions also covered incorporating niche technologies into military tactics. The event fostered…

The Economic Times

U18 Women''s Asia Cup: 15-year-old Nousheen scores brace as India pip Malaysia 2-1

Fifteen-year-old Nousheen Naz was the star as India began their U-18 women's Asia Cup campaign with a hard-fought 2-1 victory over Malaysia. Naz netted both goals for India, one from a penalty corner in the 19th minute and another in the 28th, securing a crucial win. Malaysia pulled one back…

The Economic Times

AI to reshape hiring and work in India, but 'human ownership' key as confidence outpaces global peers: ACCA

India's workforce is quickly adopting AI for jobs and hiring. Organizations are redesigning roles around automation. Indian professionals show strong confidence in AI-led recruitment and upskilling. However, human oversight is crucial to prevent bias. Many workers worry about job displacement due to technology. Employers are using AI for screening but…

The Economic Times

FPIs remain net sellers for 3rd straight month, offload Rs 32,963 cr worth equities in May: NSDL data

Foreign Portfolio Investors (FPIs) continued their selling streak in Indian equities in May, with net outflows amounting to Rs 32,963 crore during the month, according to data shared by the National Securities Depository Limited (NSDL).

The Economic Times

Nishikant Dubey slams Congress over 1982 Ganga, Teesta water-sharing MoU with Bangladesh, says 'Bangladesh Zindabad' is its guiding principle

"On this very day, May 30, 1982, then-Prime Minister Indira Gandhi had given renewed consent for the sharing of the Ganga River with a Bangladeshi delegation. In 1976, an agreement had been consented to by Indira ji, which was implemented in 1977 for only 5 years. Renewed agreements were then…

The Economic Times

Myanmar President Aung Hlaing begins India visit

Myanmar President U Min Aung Hlaing is on a five-day visit to India. The trip focuses on enhancing trade, connectivity, border security, and defence ties. He began in Bodh Gaya and will hold discussions with Prime Minister Narendra Modi in Delhi. The visit also includes engagements in Mumbai to explore…

The Economic Times

Sangakkara backs teen sensation for India call-up

Teen sensation Vaibhav Sooryavanshi has taken the IPL by storm with former Test great Kumar Sangakkara now calling for him to be picked for India.

AAP

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The Economic Times

India, Italy to launch maritime security format, anti-terror finance task force

India and Italy are boosting ties. A new task force will fight terror financing. Maritime security cooperation is also planned to ensure safe sea routes. Both nations are exploring industrial collaboration, leveraging India's growth and Italy's manufacturing expertise. This follows recent high-level discussions strengthening cultural and defense links.

The Economic Times

NSA Ajit Doval, Russian Presidential aide Patrushev review maritime, defence cooperation

Doval and Patrushev assessed the status of proposals discussed during Patrushev's visit to New Delhi in November 2025. Their discussions focused on expanding cooperation in maritime connectivity, shipbuilding, defence collaboration, and the training of sailors for operations in polar waters.

The Economic Times

BRICS nations discuss technology access, innovation support for MSMEs under India's chairship

India's leadership in this working group highlights a commitment to fostering resilient and competitive MSME sectors across BRICS economies.

The Economic Times

Delhi High Court ruling on Google keyword ads could reshape online advertising

A Delhi High Court ruling has found Google liable for trademark infringement, ordering the tech giant to pay $31,600. The court stated Google allowed competitors to use "Hindware" as an advertising keyword without authorization. This decision could significantly alter the online advertising landscape for Indian businesses, offering a new avenue…

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The Economic Times

Rupee depreciation: What are the implications for commodities and Indian economy?

The Indian rupee experienced a sharp decline in 2026, nearing Rs. 97 against the US dollar before a slight recovery. This depreciation, driven by import reliance, trade deficits, and global tensions, has significantly impacted commodity prices, pushing inflation higher. While the RBI intervenes, the rupee faces a mild depreciating bias.

The Economic Times

India must fast-track chip self-reliance as import bill and security risks mount, says NITI Aayog

India must speed up its domestic chip manufacturing efforts. Self-reliance in semiconductors is crucial for the nation's economy and security. Global supply chains are shifting, creating a limited opportunity for India to become a key player. Developing this sector will lower costs for advanced technologies and safeguard defense programs. This…

The Economic Times

ICICI Bank, AU Small Finance Bank top picks as banking sector gears up for earnings revival

India's banking sector is poised for a strong earnings rebound. Profit growth is set to recover significantly over the next two years. Private lenders are expected to lead this growth. Deposit competition presents a near-term challenge. Asset quality risks appear manageable. The sector is transitioning to a differentiated growth narrative.

The Economic Times

Beyond Equities: Why HNIs are increasingly turning to premium real estate for wealth preservation

Indian housing sales value surged 16% to ₹9.33 lakh crore in FY26, driven by affluent investors prioritizing premium and luxury properties. This trend reflects a strategic portfolio rebalancing, with real estate now complementing equities, gold, and fixed income for wealth preservation and long-term capital appreciation amid market volatility.

The Economic Times

IPL 2026: He is more than ready, says Kumar Sangakkara on potential India call up for Vaibhav Sooryavanshi

Vaibhav Sooryavanshi's IPL performance signals readiness for India. Coach Kumar Sangakkara believes the young player is prepared for international challenges. Sooryavanshi's mature batting and fearless approach have impressed. India's next T20 series in Ireland is a likely debut opportunity. Royals plan to support his development between seasons.

The Economic Times

Blue Moon May 31, 2026: Will this rare lunar event be visible in India? When, where & how to watch it; What it means for zodiac signs, and how it differs from Supermoon

Blue Moon Time May 31, 2026: A rare calendar blue moon will illuminate the night sky on May 31, 2026, marking the first since August 2023. This celestial event, while not appearing blue, will also be a micromoon, making it appear slightly smaller. The blue moon will be visible from…

The Economic Times

5 world market themes for the week ahead

Global markets are keenly watching U.S.-Iran ceasefire talks and the Strait of Hormuz, alongside crucial U.S. jobs data and euro zone inflation figures. India's rupee faces pressure, while Colombia heads to the polls. Meanwhile, the AI-driven tech sector continues its impressive growth, adding new trillion-dollar companies.

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