Bitcoin's price surged past $80,000, marking its strongest rally since 2023, driven by increased ETF demand and short covering. This rise occurred as the US expanded sanctions against Iran, contributing to a 'debasement trade' that pressured the dollar.
TechnologybloombergTimes of Indiahindustan-times+1ndtv1d ago4 sources
India's Defense Minister Rajnath Singh has approved the transfer of missile technologies developed by the Defence Research and Development Organisation (DRDO) to Indian defense firms. This move aims to bolster domestic manufacturing capabilities amid regional security concerns.
Technical problems, possibly with the hydraulic systems, are believed to be the cause of an Air India incident that left 24 people injured, though the exact cause of a pressure drop remains unclear.
India, the world's second-largest defense importer, has significantly increased its arms supplies to Israel, sending nearly 3,000 consignments since October 7, becoming a prominent customer of Israel's defense industries.
This week's current affairs in India include the enhancement of naval power with a new helicopter, the launch of the country's first hydrogen train, Skyroot Aerospace's historic private orbital rocket launch, and an Indian-origin astronaut beginning an ISS mission.
The article discusses how dating apps in India are increasingly incorporating caste filters, leading them to resemble traditional arranged marriage platforms.
An Air India flight from Delhi to Amritsar briefly entered Pakistani airspace, prompting an ongoing investigation by the DGCA. This incident follows previous instances of Pakistani flights entering Indian airspace.
India's regulator has increased the price cap on two key cancer drugs by 50% and revised prices for anti-tetanus immunoglobulin and three childhood vaccines. The decision, made at the NPPA's 147th meeting, aims to ensure their continued availability.
Indian corporations experienced a substantial reduction in their foreign borrowings, with a 50% year-over-year decrease in March and an overall 30% decline in the fiscal year 2026.
Recent news from India includes a billionaire's efforts to save hippos, a man's attempt to secure his deceased sister's money, and a mysterious family tree in a popular soap opera.
IRCTC has unveiled new Bharat Gaurav train options for the summer, offering tours to various destinations across India including Pune, Puri, Kamakhya, and Hampi.
The US government has observed a rising demand for EB-5 investor visas from India and is monitoring the situation, according to the May 2026 Visa Bulletin.
A senior Indian government official has called on industry representatives to absorb some of the rising raw material costs, rather than passing them to consumers, amidst efforts to address supply chain disruptions.
An Iranian aggression against Kuwait targeted a power and water desalination plant, resulting in the death of an Indian worker and significant material damage. Kuwaiti authorities confirmed the attack, with reports of Tehran also targeting other infrastructure.
Fortnite is making its return to the Google Play Store worldwide on March 19, including in India, following a resolution between Epic Games and Google regarding their long-standing disputes, allowing Android users to play again.
Indian companies are increasingly confronting the financial and operational impacts of air pollution, with a surge in mentions of 'air pollution' on earnings calls as they face disruptions, regulatory curbs, and investor scrutiny.
India's Defence Minister has approved the transfer of missile technology developed by the DRDO to the private domestic industry. This move is considered a significant step in boosting indigenous defense manufacturing capabilities.
Indian businesses have congratulated NDTV on its new identity, which was unveiled on Independence Day alongside a new logo and a significant rebranding of its well-known channel, NDTV 24x7, now simply NDTV.
Individual retail traders in India incurred losses totaling $9.6 billion (916.85 billion rupees) from equity futures and options trading in the fiscal year ending March.
India has raised export duties on petrol, diesel, and aviation turbine fuel (ATF), effective from August 3, for the next fortnight. Domestic fuel duties remain unchanged to ensure stability for local consumers.
Indian companies are actively acquiring foreign assets, while foreign investors are simultaneously withdrawing from India's markets at an unprecedented rate this year.
Actor Madhavan stated that a film about GD Naidu would only be a true success when India includes him in its educational syllabus, highlighting the importance of the inventor's legacy.
India's LPG imports from the US are projected to reach a record 1 million tonnes in June, a significant increase driven by supply disruptions in the Middle East, as New Delhi prioritizes uninterrupted cooking fuel despite higher costs.
The Reserve Bank of India's Annual Report indicates that bank frauds in India increased by 46 percent, reaching Rs 48,000 crore in the fiscal year 2026.
PoliticsTimes of Indiahindustan-timesindian-express3mo ago3 sources
Prime Minister Modi issued an appeal for austerity and fuel conservation, prompting varied responses from citizens, political opposition, and India Inc. While some welcomed the initiative, others criticized it or called for leaders to set an example.
India, the world's third-largest carbon dioxide emitter, is burning more coal to meet rising power demand, exacerbated by extreme heat and energy supply pressures from the Iran war.
India's petroleum secretary has announced a 20% increase in commercial LPG allocation to states and UTs, with new guidelines for industrial units to register for gas cylinder use.
BusinesshinduTimes of Indiahindustan-times+1ndtv5mo ago4 sources
A severe LPG shortage is causing significant disruption across India, impacting not only food services and canteens, which are resorting to firewood, but also the industrial sector, leading to production hurdles in factories and forcing companies to redesign menus and consider electric alternatives.
The Haryana budget in India includes measures such as body-worn cameras for police, a 20% quota for Agniveers, and out-of-turn promotions for bravery within the police force.
The Indian government is considering implementing mandatory annual drug tests for all commercial pilots following a recent incident involving an Air India plane. This move aims to enhance aviation safety standards.
Airbus has joined the investigation into a severe turbulence incident on an Air India flight from Phuket to Delhi, which caused injuries to passengers. The aircraft manufacturer will assist the Aircraft Accident Investigation Bureau (AAIB) in determining the cause of the event.
The effective closure of the Strait of Hormuz in early March left crude tankers stranded, prompting refiners to urgently secure alternative supplies. This situation led to fluctuations in Russian crude prices as India increased its procurement.
India has raised export levies on diesel and jet fuel, a move that comes amid a deepening global supply crunch. This decision aims to address domestic fuel availability and potentially curb exports.
Global market anxieties over Middle East tensions have subsided following a US-Iran ceasefire, leading Crisil Ratings to anticipate a smaller decline in operating margins for Indian companies in fiscal 2027.
One year after the AI171 crash, Air India has stepped up oversight beyond DGCA norms and is providing extensive psychological support to its staff. The airline will also observe a two-minute silence for the victims.
Indian regulators are set to monitor the testing of a Boeing 787 fuel control switch panel at a Boeing facility in the US. This inspection is linked to an incident involving an Air India flight from London to Delhi in February, where a fuel switch malfunction was reported.
Reserve Bank of India Governor Shaktikanta Das urged Indian businesses to focus on building resilience, reskilling their workforce, diversifying operations, and establishing new supply chains.
The number of Indian pilgrims eligible for the Kailash Mansarovar Yatra, organized by the external affairs ministry and China, has been increased to 1,000 for this year, a rise of 250 from the 2025 figure.
Following a bumper wheat harvest in Madhya Pradesh, the Central Government has significantly increased its procurement target from 7.8 million to 10 million metric tonnes.
The Indian government has raised export duties on diesel and aviation turbine fuel (ATF) in response to volatile global oil prices. Export duties on petrol remain unchanged.
A new forecast suggests that corporate profits for India Inc could see a significant tapering off, potentially declining by 15% by the fiscal year 2026-27. This projection raises concerns about future economic performance and corporate earnings.
A crisis at HDFC is reportedly revealing underlying vulnerabilities and systemic issues within India's corporate sector, prompting concerns about broader economic stability.