The Economic Times

India imported finished steel worth Rs 36,193.9 crore from April to August in the fiscal year. The country saw a 29.5 percent increase in finished steel imports during this period compared to the previous year. In August alone, India imported 0.72 million tonnes of finished steel worth Rs 7,863.1 crore, which was a nine percent rise.

Jean-Eric Paquet, the new European Union Ambassador to India, presented his Letters of Credence to President Droupadi Murmu. The ceremony marks a significant step in the evolving EU-India strategic partnership, focusing on trade and security. Key initiatives include negotiations on a Free Trade Agreement and a Security and Defence Partnership. Both sides aim to enhance cooperation in technology, investment, and sustainable development.

US Treasury yields have climbed to multi-year highs, with the 10-year yield at 5.18% and 30-year yield at 5.47%, raising concerns for global markets, including India. Higher US yields make dollar assets more attractive and increase the return investors demand from emerging markets such as India.

Daren Sammy emphasizes the importance of the upcoming ODI series against India for their World Cup preparation. He highlights that winning in India is essential for a team's confidence and overall capability. Sammy notes the progress made by several players, including Shai Hope and Alzarri Joseph.

India's journey towards becoming a developed nation includes significant advancements in its space program by ISRO. The country has developed cryogenic propulsion systems independently after being denied this technology. Chandrayaan-3 made India the first nation to land successfully near the Moon's south pole. Upcoming projects include the Gaganyaan human spaceflight program and further lunar missions by 2040.

Suzuki Motor Corporation will enhance its production capacity in India to 4 million units annually by FY30. The company aims to improve development and manufacturing efficiency significantly by 2030. Suzuki is expanding its manufacturing footprint with new plants and advancing its technology strategy. Additionally, a biogas initiative will promote sustainable resource circulation in local communities. The company is committed to addressing energy and environmental challenges with innovative tech

India's road construction pace is expected to slow to around 21 km per day in FY27 from 25 km per day in FY26, as lower highway awards and execution challenges weigh on activity, while state governments are expected to emerge as the key drivers of road sector capital expenditure, according to CareEdge Ratings.

Omara Ventures India Limited has officially submitted its Red Herring Prospectus, gearing up for an IPO launch on September 30, 2026, which will conclude on October 5, 2026. The funds raised are earmarked for significant business expansion, enhancing marketing efforts, and loan repayments. Following impressive growth in the last fiscal year, the company is poised to elevate its stature in the designer jewellery sector with this public offering.

Christopher Wood, the global head of equity strategy at Jefferies, identifies India's energy sector as a promising arena for growth, driven by the shift toward renewable energy sources like solar. Hitachi Energy India's CEO anticipates a significant 50% increase in energy demand by 2035, suggesting that electricity consumption could double.

Ukrainian President Volodymyr Zelenskiy said India, Turkey, Egypt and several Middle Eastern countries are involved in talks to unblock shipping in the Black Sea.

Bengaluru secured $4.4 billion in startup funding during the first nine months of 2026. Total startup funding in India reached $10.3 billion despite a decline in funding rounds. Mumbai and Gurugram followed in funding, but with significantly less than Bengaluru. Delhi's funding dropped significantly, while Hyderabad saw a rise in its funding totals. The concentration of startup funding remains prominent in established cities across India.

India women's hockey team coach Sjoerd Marijne said he was pleased with the team's performance for the first three quarters in their 3-1 win over Japan at the Asian Games, but criticised the drop in intensity and discipline in the final quarter.

Pune has been awarded the 2032 UCI Road World Championships, marking a significant achievement for Indian cycling. This decision was announced during the 195th UCI Congress held in Montreal, Canada. Indian Olympic Association President PT Usha expressed pride regarding this historic moment for Indian sports. The event will position India prominently on the global cycling stage, supporting future sporting ambitions.

Avengers: Endgame Encore has been re-released, featuring additional footage and four new post-credit scenes. These scenes include interactions with familiar MCU characters like Loki and Doctor Doom. Fans have shared reactions about the impact of the new footage on the original ending. Read on!

India's growth outlook is the strongest globally, with 74 percent of economists expecting strong growth in 2026. Domestic demand continues to show resilience, though energy prices remain a significant concern. Only 45 percent of economists expect global conditions to weaken in the coming year, a significant decrease from previous assessments. Geopolitical conflicts are viewed as major risks to the economy, according to the report.

India is considering asking thermal power plants to blend up to 5% imported coal with domestic coal to ease a supply crunch that has pushed spot power prices to their highest monthly level since 2022. The proposal, still at an early stage, would reverse the governments push over the past two years to cut coal imports.

Mexico, Brazil, the UK, Poland and Canada have emerged as high-growth markets for Indian medical equipment exports, India Exim Bank said. The study flagged modest Indian export shares despite rising import demand, and recommended regulatory alignment, stronger R&D, component manufacturing, skills development and trade promotion to expand global market presence.

Indias economy is facing near-term headwinds from unsettled ties with the United States, global energy prices and the lack of a significant AI play, Chief Economic Adviser V. Anantha Nageswaran said. He described India-US relations as being in an uneasy equilibrium amid lingering tariff issues and fresh risks from US levies on countries buying Russian energy. Nageswaran also said India cannot align itself with any global bloc, though maintaining that independence could mean higher energy costs a

Congress workers staged protests across India on Friday demanding CEC Gyanesh Kumars resignation, a day after Rahul Gandhi accused the Election Commission of electoral wrongdoing. Demonstrations were held in Jammu and Kashmir, Guwahati, Dehradun, Chandigarh and Lucknow, while Delhi saw security deployment ahead of Congress and Youth Congress marches.

Jefferies Chris Wood expects the AI investment narrative to face a major reset, questioning whether Meta, Alphabet, Amazon and Microsoft can sustain $990 billion in projected 2027 capex. He also sees Indian IT services as a potential reverse AI trade, with valuations falling even as employment remains resilient.

India's quick-service restaurants are implementing a Rs 99 price point to attract more customers. KFC, McDonald's, and Burger King are focusing on value meals and beverages to drive traffic. The Rs 99 meals aim to entice first-time visitors while creating upselling opportunities. There are concerns regarding the impact of lower average bills on overall profitability. The shift includes innovative approaches like vending pods and targeted advertisements to capture consumer interest.

Air Indias incoming CEO Tewolde Gebremariam inherits an airline with global ambitions but an unusually complicated to-do list. Beyond tackling a Rs 22,238 crore loss and securing fresh shareholder funding, he must address maintenance issues, cut costs and tighten operational discipline. Recent incidents involving pilots, alcohol and drugs, an alleged assault, a bomb-hoax probe, an immigration lapse and other service issues have added to the challenge. With hundreds of aircraft on order, Tewoldes

Canara Robeco Asset Management Company has entered the Asia Book of Records and India Book of Records for its year-long 'Nivesh Bus Yatra' campaign. Traveling over 28,000 km across 12 states, the mobile classroom initiative reached over 26,000 investors to promote awareness on SIPs, STPs, and SWPs.

Ind vs WI ODI squad 2026, ticket booking: India vs West Indies 2026 series will feature three ODIs and five T20Is from September 27 to October 17. Check the complete ODI and T20I squads, match schedule, T20 ticket booking details, ticket prices, and live streaming platforms in India.

Suruchi Singh and Kamaljeet achieved gold in the 10m air pistol mixed team event at the Asian Games. They overcame prior individual disappointments to secure this victory with a score of 484.6. The Indian men's team, consisting of Aishwary Pratap Singh Tomar, Rudrankksh Patil, and Niraj Kumar, earned a silver medal in the 50m rifle 3 positions team event.

India is unlikely to make major changes to its bilateral investment treaty dispute-resolution framework, despite foreign businesses complaining about lengthy legal processes. Under current rules, foreign investors must pursue disputes through Indian courts for five years before seeking international arbitration. The governments review is examining concerns over delays and investment barriers, but no major overhaul is planned.

Prime Minister Narendra Modi recently celebrated the 12th anniversary of the 'Make in India' initiative. This campaign has significantly improved India's manufacturing, foreign investments, and export capabilities over the years. Key achievements include substantial growth in electronics production, particularly in mobile phone manufacturing.

Congress recently claimed that the 'Make in India' initiative has not met its expected outcomes. The party noted that private investment has not significantly increased as anticipated. Jobs growth across various sectors has also been lacking since the initiative's launch. Congress leader Jairam Ramesh highlighted the slower manufacturing growth compared to overall economic expansion. 'Make in India' was introduced in 2014 to boost investment, innovation, and manufacturing in India.

Ashwini Vaishnaw: The Hardest Part of Indias Semiconductor Push Is Behind Us

Aishwary Pratap Singh Tomar and Niraj Kumar did not secure medals in the men's 50m rifle event at the Asian Games. Aishwary finished in fifth place with 327.6 points, while Niraj came in last with 299 points. Gold and silver medals were awarded to Chinese shooters Liu Yukun and Zhang Changhong respectively. In the men's 50m rifle 3 positions team event, India won a silver medal, behind China.

India is expected to experience significant growth driven by renewable energy and private-sector investment. The country aims to enhance its manufacturing capabilities which currently lag behind China. A report from Jefferies highlighted that India's power cost could decrease with renewable energy advancements. Additionally, private-sector capital expenditure is on the rise, indicating a structural growth opportunity. These developments indicate a robust growth trajectory independent of global t

India's women's kabaddi team secured a spot in the Asian Games 2026 final by defeating Nepal. The match ended with a score of 48-24, showcasing the team's strong performance. India led 31-17 at halftime and maintained their advantage throughout the match. In addition to kabaddi, India had success in other sports, including shooting and hockey. The team will now compete for gold against either Chinese Taipei or Iran.

India has transitioned from manufacturing primarily for its domestic market to competing in global markets. The Make in India initiative, launched in 2014, aims to boost manufacturing capacity and attract foreign investments. Recent data reveals record foreign direct investment inflows and significant job creation through production incentives. Additionally, the focus will shift towards enhancing India's role in global production and supply chains.

Following the severe impact of flash floods in the Himalayas, which led to tragic loss of life and significant destruction, Nepal's Prime Minister Balendra Shah has introduced a Himalayan Climate Resilience Mechanism. This initiative emphasizes collaboration between Nepal, India, and China, promoting data exchange and joint disaster response strategies, acknowledging that climate change poses a universal threat beyond any single nation.

India's Oil Minister Hardeep Puri reaffirmed the commitment to diesel exports amid potential US restrictions. The global diesel market faces challenges due to geopolitical tensions and reduced supply from Russia. India has established itself as a key player in the global diesel market by overtaking Russia as the second-largest supplier. Investments from major oil companies are expected to boost India's refining capacity in the coming years.

India achieved its highest-ever annual Foreign Direct Investment of USD 94.53 billion in FY 2025-26. Cumulative FDI inflows from FY 2014-15 to FY 2025-26 reached USD 843 billion. The Production Linked Incentive schemes have attracted significant investments and generated millions of jobs. Key sectors benefited include electronics, pharmaceuticals, and IT hardware as outlined by the Commerce and Industry Minister.

The US-India Business Council has urged both governments to finalize a trade agreement that reduces tariffs. Ambassador Atul Keshap emphasized that such an agreement would facilitate reciprocal trade and benefit businesses in both nations. Commerce and Industry Minister Piyush Goyal stated the trade pact is nearly finalized pending competitive advantages in the American market.

Indian fencing teams faced elimination in the round of 16 at the Asian Games. The men's foil team lost 27-45 to Hong Kong despite a strong effort from Sachin. Meanwhile, the women's epee team fell 29-45 against Uzbekistan after initially keeping pace. Both teams struggled to maintain their scoring momentum in crucial relays. These results mark a disappointing end to India's hopes in fencing events.

India's women's hockey team achieved a significant win over Japan with a score of 3-1 in Pool B. They scored twice in the first half through Lalremsiami and Ishika to establish a strong lead. Navneet Kaur added another goal in the third quarter, demonstrating their competitive edge. Although Japan managed to score once in the fourth quarter, India maintained their advantage until the end.

Unnati Hooda secured a convincing win over North Korea's Mi Song Yu in her first round match. Meanwhile, the mixed doubles pair of Tanisha Crasto and Dhruv Kapila also triumphed against the Maldives duo. The Indian team experienced mixed results in the team events at the Asian Games. The women's squad led by P V Sindhu did not secure a medal this time.

India won silver in the mens 50m rifle 3 positions team event at the Asian Games, with Rudrankksh Patil, Aishwary Pratap Tomar and Niraj Kumar finishing behind China. India also secured guaranteed medals in squash and table tennis after mixed doubles pairs advanced to the semifinals in both events.

Virender Sehwag recently expressed immense pride in his son Aaryavir's successful debut with India U19 against Australia U19. Aaryavir accumulated an impressive 109 runs over three matches, playing a crucial role in India's 3-0 series triumph. The celebrated cricketer highlighted playing authentically and handling sports pressure, encouraging Aaryavir to prioritize personal growth and performance over external opinions.

Kamaljeet and Suruchi Inder Singh won the 10m air pistol mixed team gold for India at the Asian Games. They established a lead in Stage 1 and maintained it throughout the competition at Aichi General Shooting Range. The Indian duo finished with a total score of 484.6 to secure the gold medal against South Korea. Iran took home the bronze medal after a competitive final round.

Asian Games 2026 medal winner: Naib Subedar Salman Khan, who once drove a cab on the Delhi-Gurgaon road to support his family after his father's death, has won bronze in men's double sculls rowing at the Asian Games in Nagoya. Despite being afraid of water and unable to swim, he was pushed into the sport by Army coaches, overcame a last-minute change of partner just five days before the event, and finished on the podium alongside Satnam Singh

Radisson Hotel Group aims to open 500 hotels in India by 2030 as part of its growth strategy. The chain currently operates 146 hotels in India and plans to surpass 150 hotels by December. In addition to expanding in India, the group is customizing services for Indian travelers in Europe and the Middle East. Radisson's growth strategy emphasizes its strong presence in tier two and three markets in India.

DRDO has signed an agreement with Zero mK India for the development of a dilution refrigerator. This project will support quantum applications and enhance India's technological capabilities. The agreement is part of a larger Rs 500-crore initiative for deep-tech innovations. Monitoring will be conducted by the director of DRDO's Solid State Physics Laboratory and his team. This collaboration aims to reduce dependence on foreign cryogenic infrastructure for quantum technologies.