Category: India LIVE

New Delhi and Washington have signed a framework agreement to secure critical minerals and rare earth supplies, placing mining, processing, recycling and financing at the centre of a strategic push to reduce exposure to China-dominated supply chains.

The agreement was signed on Tuesday during the Quad foreign ministers’ meeting in New Delhi, where External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio held talks covering economic security, energy resilience and Indo-Pacific cooperation. The pact gives both countries a

Rupee trading came under renewed pressure on Tuesday as the currency slipped to 95.43 against the US dollar in early deals, weighed down by firm crude oil prices, month-end dollar demand and fading optimism over a quick easing of tensions in the Middle East.

At the interbank foreign exchange market, the currency opened weaker than Monday’s close of 95.26, losing 17 paise as importers and oil companies stepped up dollar purchases. The fall interrupted a brief recovery in the previous session,

India and Canada are moving to conclude a comprehensive trade agreement by the end of 2026, setting a target to lift two-way commerce to $50 billion by 2030 as both governments try to convert a diplomatic thaw into a wider economic partnership.

Commerce and Industry Minister Piyush Goyal’s visit to Ottawa and Toronto, accompanied by more than 100 business leaders, has added momentum to negotiations on a Comprehensive Economic Partnership Agreement, which both sides see as central to expanding market access,

Sebi is preparing a regulatory reset for debt-only listed companies as it seeks to widen corporate bond issuance, reduce avoidable compliance costs and test a tokenised bond market that could make settlement faster and records more transparent.

The Securities and Exchange Board of India is examining whether companies that list only debt securities should continue to face disclosure and compliance obligations similar to those imposed on equity-listed companies. The review is part of a wider effort to deepen the corporate

Air India Express flight IX-712 from Muscat to Kannur aborted take-off after its Boeing 737-800 struck runway edge lights during the departure roll, causing a hydraulic leak and a flat tyre in an incident now under formal investigation in Oman.

The aircraft, operating the Muscat–Kannur sector on May 15, was preparing for a night departure from Muscat International Airport when it became misaligned during take-off. Instead of tracking along the runway centreline, the aircraft moved along the right-side edge-light area and

New Delhi will send its largest business delegation to Canada this week, marking a sharp acceleration in efforts to rebuild commercial ties after more than two years of diplomatic strain and stalled trade negotiations.

Commerce and Industry Minister Piyush Goyal is scheduled to visit Canada from May 25 to 27, accompanied by around 150 business leaders for meetings in Ottawa and Toronto. The delegation is expected to include senior representatives from mining, energy, automotive, aerospace, manufacturing, pharmaceuticals, education and technology, with

A loaded liquefied natural gas tanker has crossed out of the Strait of Hormuz bound for India, marking the country’s first confirmed LNG shipment from the Persian Gulf since the Iran war disrupted one of the world’s most important energy corridors.

The Al Hamra, operated by ADNOC Logistics & Services, was tracked leaving the Gulf with a cargo headed towards western India after weeks of restricted tanker movements through the narrow waterway. The vessel had stopped transmitting its position around April

State-run fuel retailers raised petrol and diesel prices on Saturday for the third time in eight days, extending a phased pass-through of higher crude costs to consumers after nearly four years of broadly frozen pump rates.

Petrol in New Delhi rose by 87 paise to ₹99.51 a litre, while diesel increased by 91 paise to ₹92.49 a litre. The latest increase takes the cumulative rise in both fuels to about ₹5 a litre this month, following the first retail fuel price

Young people across India have turned an insult into a digital badge of defiance, transforming the cockroach from a symbol of contempt into the emblem of a fast-spreading satirical protest movement.

The Cockroach Janta Party, a social media-driven collective built around humour, mock manifestos and political parody, has surged across Instagram, X and short-video platforms within days of its launch. What began as an online response to courtroom remarks by Chief Justice of India Surya Kant has become a wider expression

India’s rapid AI adoption is exposing weak points in software supply chain security, with enterprises expanding automated development faster than their ability to detect compromised packages, unsafe containers and unverified AI components.

A 2026 software supply chain security assessment shows that about 65 per cent of organisations in India cannot detect malicious packages, while 71 per cent do not use container security tools. The findings underline a widening gap between the speed of AI-led software development and the controls needed to

Shares of Parle Industries hit their 5 per cent upper circuit on the BSE after a viral exchange between Prime Minister Narendra Modi and Italy’s Prime Minister Giorgia Meloni triggered a wave of retail interest in a company with no link to the sweet at the centre of the episode.

The stock rose to ₹5.25 on Wednesday as traders reacted to online chatter around Modi gifting Meloni a packet of Melody toffees during his visit to Rome. The moment spread quickly

Gautam Adani has secured a major legal reprieve in the United States after federal prosecutors moved to drop criminal fraud charges tied to allegations that his group misled investors over a solar energy bribery scheme in India.

The decision marks a sharp turn in a case that had weighed on the Adani Group’s global ambitions since November 2024, when prosecutors in Brooklyn accused Adani, his nephew Sagar Adani and other executives of concealing alleged payments to officials in India to secure

Sixty-eight passengers were evacuated safely after a fire broke out in an air-conditioned coach of the Thiruvananthapuram–Hazrat Nizamuddin Rajdhani Express in Madhya Pradesh’s Ratlam district early on Sunday, triggering emergency action on one of the country’s busiest long-distance rail corridors.

No passenger casualties or injuries were reported after railway staff stopped the Delhi-bound train and moved passengers out of coach B-1, where flames and smoke were detected during the journey through the Kota division. The incident involved train number 12431, a

Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan have agreed to widen cooperation on strategic crude and gas reserves, giving New Delhi a larger buffer against supply shocks at a time of heightened volatility across West Asia and global energy markets.

The agreement, reached during Modi’s official visit to Abu Dhabi on 15 May 2026, includes a strategic collaboration between Indian Strategic Petroleum Reserves Limited and Abu Dhabi National Oil Company to expand the UAE’s participation

Prime Minister Narendra Modi arrived in Abu Dhabi on Friday at the start of an official visit that placed energy security, defence cooperation and investment at the centre of one of India’s most closely watched Gulf partnerships.

UAE President Sheikh Mohamed bin Zayed Al Nahyan welcomed Modi on arrival, underscoring the personal diplomacy that has become a defining feature of ties between the two leaders. The visit opened the first leg of Modi’s five-nation tour, which is scheduled to include the

New Delhi is weighing a cut in taxes on foreign investment in domestic bonds, a move aimed at drawing deeper global capital into the debt market and easing pressure on the rupee.

The proposal, pushed by the Reserve Bank of India and under examination by the finance ministry, would lower the tax burden on overseas investors earning returns from government and corporate debt. The measure is being considered as policymakers seek to align India’s bond taxation framework more closely with other

Reliance Jio Platforms has reshaped its planned Mumbai stock market debut into a fresh-share issue, dropping an earlier structure that would have allowed existing investors to sell part of their holdings and turning the offer into a direct capital-raising exercise for the digital and telecom business.

The revised plan would involve the sale of a 2.5 per cent stake through new shares, with the proceeds flowing to Jio Platforms rather than to shareholders seeking exits. The change marks a significant adjustment

Cinema star C. Joseph Vijay took office as Tamil Nadu Chief Minister on Sunday after his Tamilaga Vettri Kazhagam secured outside support from smaller parties, ending decades of dominance by the DMK and AIADMK in one of the country’s most industrialised states.

Vijay was sworn in by Governor Rajendra Vishwanath Arlekar in Chennai after TVK, which emerged as the single largest party in the 234-member assembly, crossed the majority threshold with backing from allies

Sarvam has partnered with YCP India to help enterprises move artificial intelligence projects from small pilots into structured, organisation-wide deployments aimed at measurable business gains.

The collaboration brings together Sarvam’s full-stack sovereign AI platform and YCP India’s consulting, digital transformation and execution capabilities. The two companies plan to work with businesses on use-case selection, technology integration, change management and deployment across functions where AI can cut costs, improve productivity or strengthen customer engagement.

The partnership

Air India is preparing deeper cost controls and fresh flight reductions as the Iran war pushes up fuel costs, disrupts airspace and intensifies pressure on a carrier still trying to complete one of the world’s most ambitious airline turnarounds.

The Tata Group-owned airline is weighing measures that could include furloughs for non-technical employees, salary reductions for senior executives, lower bonus payouts and capacity cuts of more than 20 per cent over the next three

Bengaluru-based Pixxel and Sarvam have set out plans to build Pathfinder, a 200 kg-class orbital data centre satellite that would test whether artificial intelligence workloads can be processed directly in space rather than routed first through terrestrial cloud systems.

The mission, announced on 4 May 2026, is scheduled to reach orbit as early as the fourth quarter of 2026. Pixxel will design, build, launch and operate the satellite, while Sarvam will provide the artificial

India is preparing a new electronic venue for bond-forward trades, seeking to bring greater transparency to a fast-growing derivatives segment that still relies heavily on negotiated over-the-counter deals.

The proposed platform is being developed around the Clearing Corporation of India’s market infrastructure and is expected to be placed before the Reserve Bank of India for regulatory approval. Market participants have been working with the clearing corporation on design features, including trade execution, clearing, margining and reporting, with a rollout being discussed

Tamil Nadu’s vote count pointed to a dramatic political rupture on Monday, with actor Vijay’s Tamilaga Vettri Kazhagam emerging as the strongest challenger to the ruling DMK and threatening to redraw the balance of power in one of the country’s most important industrial states.

Trends through the afternoon showed TVK ahead in more than 100 seats in the 234-member Assembly, close to the 118-seat majority mark. The AIADMK alliance was holding second place in

Google has begun construction of a $15 billion artificial intelligence hub in Visakhapatnam, placing Andhra Pradesh at the centre of one of the largest digital infrastructure investments planned in India and sharpening the country’s bid to host high-intensity AI computing at global scale.

The Google Cloud India AI Hub, being developed with AdaniConneX and Nxtra by Airtel, is designed as a gigawatt-scale private cloud and data centre network across three campuses near the port city. The investment is planned over 2026-2030