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UNBELIEVABLE: 11 - The Untold Story

Solar's $1.3 bn bet is a turn for India's defence-industrial complex

The piece argues that Solar Industries’ ₹12,951-crore acquisition of South Africa’s Omnia Holdings could mark a new phase for India’s defence industry, as Indian companies increasingly move beyond domestic production into overseas acquisitions, manufacturing and technology partnerships.

The Economic Times

Musashi India, Bhago Mobility sign LOI for e-axles for electric 3-wheeler

Musashi Auto Parts India will supply electric powertrain systems for Bhago Mobility's new three-wheeler. Production of these e-axles is planned to commence next year. The Bhago Bhim vehicle platform will feature a fixed-battery configuration. This partnership supports the localization of electric mobility technologies in India. The new electric three-wheelers are…

The Economic Times

NSE IPO: Everything investors need to know about the National Stock Exchange IPO

The National Stock Exchange is gearing up for a much-anticipated initial public offering after overcoming almost ten years of complex legalities and procedural hurdles. Following the submission of its DRHP to SEBI on June 17, 2026, the exchange has finally addressed regulatory concerns, allowing its listing to proceed. However, potential…

The Economic Times

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Defence sector cornerstone of 2047 vision of self-reliant, strategically secure India: Rajnath Singh

Addressing the future of warfare, Defence Minister Rajnath Singh underscored the necessity of achieving technological supremacy. He stated that by 2047, India aims for complete self-sufficiency in key defence technologies. The partnership between DRDO and the industry is fundamental to this vision. Key innovations, including drones and artificial intelligence, will…

The Economic Times

A thumbnail assignment, Rs 3.87 cr, and no work order: The questions around Prasar Bharati’s Waves

In November 2024, India’s public broadcaster, Prasar Bharati, launched its OTT platform, Waves. To prepare thumbnails and metadata for the platform’s content, Prasar Bharati arrived at a figure of Rs 3.87 crore, payable to five multimedia agencies empanelled with the Central Bureau of Communication (CBC), picked out of a list…

Newslaundry

Indian students plan longer stays abroad amid shifting global mobility rules

Indian students planning to study abroad appear more inclined to stay longer than their Chinese peers, according to the IELTS Voices 2026 survey. Among study-focused respondents, 41% of Indians expected to stay in their destination country for three to five years, compared with 26% of Chinese respondents.

The Economic Times

What if India’s waste could power its growth? Bhupender Yadav makes the circular economy pitch

India should view the circular economy as a way to make growth more resource-efficient, resilient and sustainable rather than simply as a waste-management exercise, Union environment minister Bhupender Yadav said. He highlighted the expansion of recycling infrastructure, extended producer responsibility and markets for recycled materials as key pillars of India’s…

The Economic Times

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Not playing to prove anything, but I'd be happy to play for India again: Bhuvneshwar Kumar

Bhuvneshwar Kumar's IPL success makes him a national team contender. He expressed a desire to play for India again. Kumar last represented India in T20 internationals in 2022. He claimed 17 wickets for Royal Challengers Bengaluru in IPL 2025. Kumar also took 28 wickets in IPL 2026.

The Economic Times

'CEA wants to talk with you': Startup founder surprised to get an invite from Finance Ministry to talk about his challenges and policy changes needed to grow businesses in India

Chandru Rajendran, founder of Procurio, received an email invite from India's Ministry of Finance saying the chief economic adviser wanted to speak with him personally. He initially mistook the mail for spam, then called a landline number listed in it and was invited to Delhi along with his team of…

The Economic Times

Broadening inflation, Fed prompts traders to ramp up October India rate hike bets

Traders are increasingly anticipating an October interest rate hike from the Reserve Bank of India, influenced by rising oil prices and expanding inflation. This potential adjustment is further compounded by an expected hike from the Federal Reserve, prompting analysts at Citi and Deutsche Bank to revise their predictions. The shift…

The Economic Times

India's met coke imports set for record despite anti-dumping levy

India's met coke imports are set to reach a record high this year. Domestic shortages and strong pig iron demand fuel higher overseas purchases. This rise occurs despite an anti-dumping levy imposed in July. Pig iron producers import met coke to avoid duties on exports. met coke prices increased significantly…

The Economic Times

India, Nepal teams reach final stage to rescue 6 trapped workers in Chilime tunnel

Joint rescue teams are nearing an underground powerhouse in Nepal. They are working to clear a blocked tunnel section for trapped workers. Unexpected challenges like water inflow and large boulders have slowed the operation. Mud pumps are being used to remove water from the tunnel. Clearing work is expected to…

The Economic Times

India's middle-income trap has a problem money may fix

Economist Thomas Piketty says India can escape the middle-income trap through massive investment in education, healthcare and infrastructure, while deeper global cooperation is needed for inclusive growth. He warns that climate change, rather than artificial intelligence, could become the real geopolitical battleground, urging India to reduce its material footprint and…

The Economic Times

India consults banks, payment firms on fees for large UPI payments, sources say

India's payments authority is discussing charges on large UPI transactions. This follows a recent change in law allowing fees on payments over 2,000 rupees. Regulators are leaning towards a 0.4% charge for merchant transactions. Person-to-person payments will continue to remain free for users. This move is expected to generate significant…

The Economic Times

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The Economic Times

India’s richer households are fuelling a market-investing boom

India's economy will grow due to domestic consumption and infrastructure spending. Rising incomes will support a higher growth trajectory by the year 2030. Households are shifting savings towards market-linked investments and mutual funds. Mutual fund assets under management have significantly increased recently. This growth reflects increased financial literacy and digital…

The Economic Times

Asian Games 2026: OCA bars relationships involving power imbalance, harassment and degrading language

The Olympic Council of Asia has implemented a strict safeguarding code for the Asian Games. Inappropriate relationships and degrading language are strictly prohibited for all participants. Violations of this code can lead to severe penalties, including suspension from the event. The code also addresses social media use, demanding respectful and…

The Economic Times

Is unlisted investing a lottery? The story of a NSE investor who bought shares at Rs 1,827

NSE’s IPO price band of Rs 1,700-1,785 is below earlier unlisted-market expectations, offering a reality check for investors who bought the exchange’s shares at higher prices. While NSE’s dominant market position and strong fundamentals could support demand, experts caution that unlisted shares carry liquidity and valuation risks, with pre-IPO prices…

The Economic Times

Pension Sakhis to take retirement security cover to rural India

The Department of Rural Development and PFRDA will create Pension Sakhis across rural India. These women will facilitate pension enrolment and retirement planning for SHG members. The initiative aims to improve financial inclusion and long-term savings in rural areas. Digital dashboards and mobile solutions will strengthen outreach and monitor progress…

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The Economic Times

India’s biggest medal hopes at the Asian Games: The athletes most likely to make the podium

India aims to match its Hangzhou medal record at the upcoming Asian Games. Several athletes like Manu Bhaker and Esha Singh are strong medal contenders in shooting. Archery and weightlifting also present multiple medal opportunities for the Indian contingent. Badminton stars PV Sindhu and Lakshya Sen lead the challenge in…

The Economic Times

The next phase of India’s digital payments dominance: Trusted AI-led agentic commerce, Visa’s Sethi says

India’s digital payments ecosystem is a “showcase for the world”. The infrastructure is ready to take the next leap: agentic commerce, where AI agents will make decisions and payments. For that to happen, however, trust is non-negotiable, and it has to be embedded into the architecture. Visa Group Country Manager,…

The Economic Times

A dozen ingredients show India's mounting food inflation risk

India’s everyday thali is getting costlier as weak monsoon rains, the Iran and Ukraine wars and rising demand for crops used in biofuels push up food prices. Onions are nearly 50% more expensive than a year ago and ginger has surged over 70%, adding pressure on households just as the…

The Economic Times

PVs drive auto sales to record August high as India gears up for festive season

India's automobile sector achieved its highest-ever August sales across multiple vehicle categories, SIAM said. Robust consumer demand and resilient rural markets fueled this significant industry growth. Passenger vehicle domestic sales saw a sharp increase, reaching record levels for the month. Three-wheelers and two-wheelers also posted strong year-on-year growth figures. Automakers…

The Economic Times

Rs 1.13 lakh crore boom in one corner, a bust in another: What changed in the AI trade?

Indian IT stocks surged as calls for a slower pace of frontier AI development eased concerns over disruption to traditional software services. The Nifty IT Index gained 5% on Tuesday, adding Rs 1.13 lakh crore in market value, while power and infrastructure stocks tied to AI buildout declined sharply, highlighting…

The Economic Times

KEC International shares rally 6% after securing new orders worth Rs 1,303 crore across multiple business segments

KEC International shares rallied after the company secured Rs 1,303 crore of new orders across transmission and distribution and cables and conductors businesses. The latest wins take its year-to-date order intake above Rs 7,600 crore, supporting its growth outlook.

The Economic Times

Indians may heed PM Modi's gold message this festive season, with a twist

India’s festive gold demand is likely to be stronger in value but weaker in volume this year as record prices, higher import duties and Prime Minister Narendra Modi’s call for restraint weigh on purchases. IBJA expects Modi’s appeal to curb gold buying to potentially reduce festive sales and imports by…

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