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BIZARRE: 16 - What They Never Told You

ET Alpha Wealth Summit | 'Don't think the US is the world': Devina Mehra's 3 rules for getting global investing right

Indian investors are increasingly seeking global investments. Wealth managers emphasize strategic diversification, not reactive choices. Devina Mehra of First Global highlights India's small global market share and the rupee's depreciation as reasons for international allocation. She advises against treating the US as a global proxy and warns against panic-selling. Proper…

The Economic Times

PM Modi receives traditional Slovakian welcome; lauds rich cultural heritage

Prime Minister Narendra Modi arrived in Bratislava, Slovakia, for a three-day visit. He was welcomed with traditional bread and salt, and witnessed folk dance performances. Modi expressed gratitude to the Indian community for their warm reception. He is scheduled to hold talks with Slovak Prime Minister Robert Fico and meet…

The Economic Times

Indian AI startups pitch for funds from venture capitalists in US: Anirudh Arun

Indian artificial intelligence companies are increasingly securing funding from the United States. Investors are drawn to promising returns and India's government initiatives promoting advanced technology. Anirudh Arun, CEO of Agentic Universe, highlights this trend and calls for greater support from Indian venture capitalists.

The Economic Times

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IndiGo, SpiceJet and other tourism stocks surge up to 7% as US-Iran deal lifts sentiment

Indian airline and travel stocks up to 7% surged as U.S. President Trump announced an initial agreement to end the war and reopen the Strait of Hormuz. This development is expected to ease geopolitical tensions, potentially reducing operating costs for airlines and restoring travel sentiment. Investors anticipate a normalization in…

The Economic Times

Razorpay begins IPO process; files confidential DRHP to raise Rs 5,000-6,000 crore

Fintech major Razorpay has officially commenced its IPO journey by filing its draft red herring prospectus with SEBI, aiming to raise Rs 5,000-6,000 crore. This move follows shareholder approval for a fresh issue and an offer-for-sale component, marking a significant step after its reverse flip to India.

The Economic Times

Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce deal

A "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil imports. This normalization is expected to lower freight costs, ease inflationary pressures, and stabilize global energy markets, benefiting key sectors and policymakers.

The Economic Times

Petrol, Diesel prices remain unchanged despite 4% drop in crude oil after Iran-US peace deal

Despite a sharp fall in global crude oil prices to below $84 per barrel following Iran-US negotiation reports, fuel prices in India remained unchanged on June 15, 2026. State-run oil companies have kept petrol and diesel rates steady since May 25, as they recover from previous price hikes and exchange…

The Economic Times

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Noida International Airport begins commercial operations; first IndiGo flight from Lucknow to land at Jewar airport

Noida International Airport officially commenced commercial flight operations on June 15, marking a significant boost for air connectivity in northern India. IndiGo will operate the inaugural flights, connecting Lucknow, Bengaluru, and eventually over 16 other destinations. This landmark project is poised to drive substantial economic growth and create numerous jobs…

The Economic Times

Vedanta listings: 4 new Vedanta Group stocks debut on Dalal Street. What's ahead?

Four Vedanta Group firms – Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel – debuted on BSE and NSE following a mega demerger. Vedanta Aluminium listed as the sole large-cap, opening at Rs 527, surpassing its parent. The special pre-open session facilitated price discovery for…

The Economic Times

Razorpay confidentially files IPO papers with Sebi

Fintech firm Razorpay is preparing for its stock market debut. The company has confidentially filed for an initial public offering. Razorpay aims to raise between $600 million and $700 million. Its valuation is expected to be between $5 billion and $6 billion. This move signals a significant step for the…

The Economic Times

Fable 5 wake-up call; Indians chase SpaceX jackpot

Happy Monday! The Fable 5 disruption has triggered fresh calls for India to build its own AI muscle. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Think property makes you rich? These 5 facts tell a different story

As per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered a sound investment if an adviser suggested putting 80% of everything you own into one stock. Yet, this is precisely what real estate demands.

The Economic Times

To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar deposits

India saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until September, and the country is potentially looking at inflows of at least $150 billion this year. While Gulf Cooperation Council countries have historically dominated India’s inward remittances, advanced…

The Economic Times

Red Hat sees an opening as Indian enterprises turn to AI sovereignty

Indian businesses are increasingly opting for Red Hat's open-source solutions to gain control over their AI and cloud infrastructure, said Red Hat India and South Asia vice-president Navtez Bal. Driven by concerns over data sovereignty and vendor lock-in, enterprises are moving beyond AI experiments towards production deployments.

The Economic Times

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The Economic Times

Fable 5 shock puts sovereign AI back on India’s agenda

US export controls on advanced AI models have spurred India's call for sovereign AI development. Industry leaders warn against reliance on foreign providers, urging a national mission for indigenous AI capabilities, similar to UPI and Aadhaar, to secure India's technological future and support local startups.

The Economic Times

India looking to scale up local AI infrastructure; NITI to review

The Indian government is developing a strategy for domestically controlled AI infrastructure to enhance AI adoption in governance and cultivate skilled talent. NITI Aayog is identifying ecosystem gaps and recommending measures to bolster India's independent AI development and deployment capabilities, potentially expanding the existing India AI Mission.

AAP

Sharma spins India to T20 World Cup win over Pakistan

Deepti Sharma took five wickets as India bowled out Pakistan for 106 to begin their quest for a first Women's Twenty20 World Cup title in Birmingham.

The Economic Times

Tech denial’s come home: The Anthropic shock is India’s wake-up call

The US government has restricted access to advanced AI models, impacting even its own engineers. This action highlights conditional trust for partners like India. The move prompts global efforts to build independent AI capabilities. India must leverage its talent and diverse partnerships to avoid single-point dependency.

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The Economic Times

Big yard, iron fences: Why India must chase AI sovereignty now

The expanding limitations on advanced AI technologies in America underline a pivotal change in the landscape of global tech commerce. This development positions states as key players in the governance of essential technologies, marking a resurgence of U.S. strategic dominance and the emergence of weaponized interdependence.

The Economic Times

FTAs building a new trade architecture for Viksit Bharat

India is actively pursuing Free Trade Agreements to boost market access and shield its businesses. These agreements target complementary economies, aiming to secure a level playing field for Indian exporters. FTAs also focus on services, talent mobility, and investment. Modern trade dimensions like technical barriers and environmental standards are addressed.

The Economic Times

Father's passion for archery, mother selling 'Mangalsutra': Dhiraj Bommadevara's journey to double gold in WC

Dhiraj Bommadevara secured two gold medals at the Archery World Cup Stage 3 in Antalya. He defeated South Korea in both the recurve mixed team and individual events. This historic achievement marks a significant moment for Indian archery. His parents' sacrifices were instrumental in his journey. This win fuels his…

The Guardian - UK

India start Women’s T20 World Cup in style as Deepti makes short work of Pakistan

India started the Women’s T20 World Cup campaign with a convincing 64-run win over Pakistan at Edgbaston.

The Economic Times

IND W vs PAK W: Deepti Sharma, Smriti Mandhana shine as India crushes Pakistan by 64 runs

India secured a dominant 64-run victory over Pakistan in their ICC Women's T20 World Cup debut. Deepti Sharma's exceptional bowling performance, taking five wickets, was key. Smriti Mandhana's strong batting contributed significantly to India's total. Pakistan was bowled out while chasing India's score. The Indian spinners proved too strong for…

The Economic Times

Pilots' body FIP seeks B787 simulator tests to verify certain aspects in Air India plane crash probe

Pilots' group FIP urged the AAIB to conduct simulator tests for the AI171 plane crash. They want to verify the connection between RAT deployment and fuel control switch movement. This follows the AAIB's interim report on the 2025 Air India Dreamliner crash. FIP seeks to independently check acceleration data and…

The Economic Times

India aims to co-develop, co-design, co-produce, co-manufacture: MEA on Rafale deal with France

India is boosting its defence manufacturing through the 'Make in India' initiative. Discussions with France focus on co-developing and co-producing Rafale fighter jets. This significant deal aims for substantial local production. India seeks to enhance its indigenous capabilities and address fighter aircraft shortages. The agreement will see Rafale aircraft manufactured…

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