The United States has implemented a 10 per cent tariff on goods imported from India and 16 other countries, citing efforts to combat forced labour in production.
Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.
Elon Musk, already the world's richest person, may soon become the first trillionaire as his space and AI company, SpaceX, prepares for a public listing. The IPO is expected to be the largest ever, surpassing Aramco's 2020 listing, but recent filings reveal a challenging financial picture for SpaceX.
The US embassy spokesperson issued a statement clarifying President Trump's views on India after a controversial social media repost. The statement emphasised the strong relationship between the two countries and Trump's positive view of India's leadership.
Prime Minister Narendra Modi announced that the India-UK Comprehensive Economic and Trade Agreement (CETA) will come into effect on July 15, 2026, anticipating a significant boost to bilateral trade and investment.
Axis Bank has partnered with the DP World Professional Golf Tour of India (DP World PGTI) as its official banking partner, aiming to strengthen professional golf in India.
JSW Motors, part of the JSW group, is set to enter India's passenger vehicle market with plans to launch 15 new-energy vehicles (NEVs) over the next four years, with deliveries commencing from December 2026.
L'Oral has announced its acquisition of a majority stake in Innovist, an Indian direct-to-consumer (D2C) personal care company, marking a significant expansion in India's rapidly growing beauty industry.
The planned India-Japan annual summit, featuring Japanese PM Sanae Takaichi and Indian PM Narendra Modi, has been moved from Guwahati to New Delhi due to logistical issues and Takaichi's tight schedule. The summit, scheduled for July 1-3, aims to boost bilateral ties with discussions on investment, supply chain deals, energy resilience, and strategic oil reserves, accompanied by a delegation of 50 Japanese companies.
Even as the prime minister's office and the foreign ministry deepen ties with Washington, the defence ministry cold-shoulders the Pentagon, notes Ajai Shukla.
Indian stock market benchmark indices Sensex and Nifty closed nearly one per cent higher, extending their winning streak for a second day. This rally was driven by softening crude oil prices, positive geopolitical developments, and significant buying in blue-chip IT stocks, despite a broader global tech sell-off.
Russian President Vladimir Putin has offered his support to help bring peace to West Asia, praising the Iranian people for their resilience. This comes as Iran seeks to resolve the conflict with the US, following discussions with Pakistani and Omani leadership.
Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.
Prime Minister Narendra Modi and Israeli Prime Minister Benjamin Netanyahu discussed ways to strengthen the strategic partnership between India and Israel, focusing on peace efforts in West Asia and condemning terrorism.
Saudi Arabia has ventured into mainstream cricket for the first time, announcing a strategic partnership with International League T20.
Paras Defence and Space Technologies partners with Northstar Aviation to provide air-to-air refuelling technologies and support services to the Indian armed forces, enhancing mission endurance and operational flexibility.
Israel initiated military action against Iran shortly after Prime Minister Narendra Modi's visit, capitalising on a fleeting opportunity and years of strategic preparation, according to Israel's ambassador to India.
Russian President Vladimir Putin has offered New Delhi Russia's fifth-generation stealth aircraft Sukhoi Su-57 and even suggested that the combat jet could even be jointly produced in India in line with the strong strategic partnership between the two countries.
Sarvam AI, an Indian full-stack sovereign artificial intelligence company, has achieved unicorn status after raising $234 million in a Series B funding round led by HCLTech and Bessemer Venture Partners, with HCLTech acquiring a 10.46 per cent stake.
Punjab DGP Gaurav Yadav has directed increased police presence and patrolling through strategic checkpoints and mobile patrols to enhance public confidence and ensure a secure environment across the state.
India has joined the US-led 'Pax Silica' alliance, aimed at building a resilient supply chain for critical minerals and artificial intelligence, marking a significant step in strengthening bilateral ties and fostering economic security.
US Secretary of State Marco Rubio will visit India for four days to strengthen bilateral relations, holding talks with Indian leaders and attending the Quad foreign ministers' meeting.
Zee Entertainment Enterprises Ltd (ZEEL) has announced an eight-year partnership with FIFA to broadcast all its matches, including the World Cup 2026, in the Indian market. The deal includes 39 FIFA global football events, with live coverage available on ZEEL's sports network and streaming platform ZEE5.
A SAP study reveals that Indian enterprises are rapidly moving from AI experimentation to value-driven implementation, positioning India as a global leader in enterprise AI adoption. Indian organisations plan significant investments in AI, with projected fivefold growth in Agentic AI returns and a high percentage of businesses having defined AI strategies and dedicated AI leaders.
Ace Indian swimmer Sajan Prakash is set for his final season, targeting a podium finish and a personal best at the upcoming Commonwealth Games in Glasgow. Having qualified for both the CWG and Asian Games, Prakash is undergoing intensive training, focusing on recovery and strategic preparation with new coach Sandeep Sejwal, as he aims to make a significant impact in his last major international appearances.
Hyundai Motor India Ltd (HMIL) announced plans to make Tamil Nadu its 'flagship EV hub for India', committing over 26,000 crore in investment, enhancing localisation, and creating approximately 2,000 additional jobs over the next five to six years. The company will roll out two new EV models from its Chennai facility this year, including its first mass-market dedicated EV.
IdeaForge Technology Ltd has announced a partnership with Digital Media Professionals Inc. (DMP) to develop next-generation AI drones, aiming to enhance autonomous capabilities and expand into the Japanese market.
Reliance Industries Ltd (RIL) is preparing for its next phase of growth by establishing advanced manufacturing and export platforms to strengthen its consumer products ecosystem and expand its global footprint, Chairman and MD Mukesh Ambani announced.
French President Emmanuel Macron's recent state visit to India concluded with a tribute video featuring the title track from the Hindi blockbuster 'Dhurandhar,' sparking widespread social media buzz.
Russian President Vladimir Putin and Chinese President Xi Jinping have reaffirmed their commitment to dismantling global hegemonism and building a 'multipolar world' during high-level talks in Beijing.
The India-Oman free trade agreement, operationalised on June 1, is set to create significant export opportunities for India's labour-intensive and value-added sectors, including textiles, gems and jewellery, and marine products, while also strengthening energy security.
NPCI BHIM Services Ltd is expanding the BHIM app to feature phones to increase financial inclusion and diversify revenue through financial product distribution. The app aims to double its market share and is focusing on partnerships with banks and new features like UPI Circle.
Prime Minister Narendra Modi and US President Donald Trump discussed the West Asia crisis and the importance of keeping the Strait of Hormuz open and secure. They also reviewed progress in bilateral ties and anticipated upcoming deals in the energy sector.
Reigning Indian Super League champions East Bengal have announced the appointment of decorated Spanish coach Antonio Lopez Habas as their new head coach for the 2026-27 season. Habas, known for his successful stints in Indian football, returns to familiar territory as the club prepares to defend its maiden ISL League Shield amidst ownership uncertainties.
ExlService Holdings, a data and AI company, announced its acquisition of AI data solutions firm iMerit for up to USD 310 million. This strategic move aims to accelerate AI innovation, deepen EXL's AI capabilities in model training and evaluation, and expand its market presence in high-growth AI tech sectors. The transaction is expected to conclude in Q3 2026.
Nykaa is reportedly in talks to acquire a majority stake in Deepika Padukone's skincare brand, 82E, following slower-than-expected growth and financial losses. The potential acquisition could provide 82E with access to Nykaa's extensive distribution network and customer base.
Adani Group Director Jeet Adani and Bharti Enterprises Vice Chairman Rakesh Bharti Mittal highlighted the importance of infrastructure, energy, and connectivity in shaping India's AI ecosystem, emphasising Visakhapatnam's potential as a major digital gateway.
Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.
Delhi must now purge the delusional hopes of being a 'counterweight' to China in the US calculus, argues Ambassador M K Bhadrakumar.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
