INDIA INNOVATION NEWS
Star Wars: How India’s spacetech-defence ties are shaping the future
SpaceX’s IPO filing underscores how space has evolved from exploration to a strategic domain central to national security, communications and warfare. The company’s role in Ukraine through Starlink and its US defence work highlights the growing importance of private space firms in military and geopolitical affairs.
Trump calls court freeze on $100,000 H-1B fee ‘crazy’ and 'hurting our country'
US President Donald Trump slammed federal judges for blocking his administration's USD 100,000 H-1B visa fee, calling the system "crazy". While the White House plans to appeal, a bipartisan group of US lawmakers, state attorneys, and Indian stakeholders welcomed the ruling, warning the fee would cripple local workforces.
'I am not ashamed': Billionaire Harsh Goenka shares powerful note on what it means to be an Indian in a divided world
Billionaire Harsh Goenka's X post challenges global stereotypes about Indians, highlighting how narrow perceptions reduce rich cultures to clichés. He contrasts common criticisms with India's significant contributions in tech, healthcare, and innovation, urging a shift from prejudice to acknowledging actions and shared humanity. Goenka proudly reaffirms Indian heritage, emphasizing its ancient wisdom and resilient spirit.
US lawmakers cheer as court blocks $100,000 H-1B fee in major blow to Trump visa curbs
US lawmakers welcomed a court ruling blocking a proposed USD 100,000 H-1B visa fee, despite White House plans to appeal. The decision crucially protects the vital employment pipeline for highly skilled Indian professionals, who systematically secure the majority of these 85,000 annual US work permits.
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Stocks in news: Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL Tech
Indian markets saw a sharp decline on Monday amid global worries and geopolitical tensions. Nifty moved closer to a key support level. Several companies were in focus. NLC India announced an Offer for Sale. Motilal Oswal saw promoter share sales. HCL Tech launched an AI zone with Google Cloud. IRCTC resumed cooking on trains. IGL has a new MD.
Education policy failure is being dressed up as innovation, employer abdication as a skills gap
Indian universities are failing to equip graduates with needed skills. Private firms now offer expensive courses, creating a barrier for many. This practice disadvantages first-generation students. Employers once provided on-the-job training. Now, graduates must pay for certifications. This system replicates inequality. Universities and employers must collaborate to ensure affordable skill development and fair hiring practices for all.
AI threat overblown: Why Invesco’s Hiten Jain is doubling down on IT stocks
Invesco Mutual Fund's Hiten Jain offers a contrarian view, identifying the tech rout as a significant buying opportunity and dismissing broad PSU rallies. He highlights smart money's movement towards large-cap financials and IT services, anticipating earnings growth driven by credit expansion and AI adoption.
Don't allow hiding under forgetting: Why Delhi HC's 'right to be forgotten' ruling raises serious concerns
A recent Delhi High Court ruling grants acquitted individuals a 'right to be forgotten'. Their names will be removed from online search results and public databases. This decision raises concerns about the balance between privacy and free speech. The court's interpretation of privacy rights and its potential impact on journalism and access to public information are highlighted.
Vietnam BrahMos deal already signed, Indonesia pact in final stages: Defence Secretary RK Singh
India's Defence Secretary Rajesh Kumar Singh revealed BrahMos missile deals with Vietnam and Indonesia are progressing. Vietnam's deal is reportedly signed, while Indonesia's is in final stages. India is committed to sharing advanced defence technology with trusted ASEAN partners. This move strengthens regional security and India's position as a defence manufacturing hub.
Vijay Kedia says long-term capital gains tax should be abolished for nation building. Here’s why
Ace investor Vijay Kedia has urged the government to abolish long-term capital gains (LTCG) tax on listed equities, stating that long-term investors should be recognized as contributors of patient capital rather than speculators. In a post on X, he emphasized that long-term shareholders help businesses grow, generate employment, drive innovation, and support India’s economic development.
India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tank
The economic horizon of India is clouded by a dual predicament characterized by a lack of financial resources and innovative ideas. While recent global energy dynamics might seem to ease some pressures, the core issues linger. Dwindling foreign investments coupled with a slow pace of domestic creativity stymie progress, particularly affecting employment rates for the youth.
Data spills at home; Green card limbo deepens
Happy Tuesday! Recent data-collection experiments by on-demand platforms have drawn attention to Indian physical AI startups. This and more in today's ETtech Morning Dispatch.
Why Indian investors are looking at space economy ETFs ahead of SpaceX IPO: Subho Moulik of Appreciate decodes
Indian investors are eyeing the global space economy ahead of the SpaceX IPO. With no pure-play listed space companies in India, global ETFs offer a route to invest. Investors can also participate directly in SpaceX through the Liberalised Remittance Scheme. Experts advise separating listing excitement from investment discipline. Long-term holding is recommended for tax benefits.
'Beneficial and sustainable': Marco Rubio signals imminent US-India trade agreement
Rubio, currently on a four-day visit to India, made the remarks after holding wide-ranging talks with External Affairs Minister S Jaishankar that focused on boosting two-way cooperation in areas of trade, critical minerals, energy and defence.
Stocks in news: ITC, Nykaa, Lenskart, Ola Electric, IndusInd Bank
Markets saw a volatile session with Nifty trading below the 23,800-24,000 resistance zone, though select heavyweight buying limited downside. Several companies like ITC, Nykaa, and IndusInd Bank are in focus due to Q4 results and news developments, including Lenskart's profit decline and Dr. Reddy's new diabetes drug launch.
UK's Scotch whisky body hopes for 'swift' India FTA implementation
The Scotch Whisky Association is urging swift implementation of the India-UK Free Trade Agreement, despite recent hurdles over UK steel import restrictions. The CETA promises significant tariff reductions for Scotch whisky exports to India, with the UK government highlighting the deal's potential to boost jobs and wages.
‘Log ab thali nahi bajayenge’: Entrepreneur says austerity measures won’t work in long run, warns rupee may crash to Rs 150 against dollar
Jayant Mundhra, founder of Biz News+, warns India's rupee could fall to Rs 150 against the US dollar due to heavy import reliance. He argues the nation is becoming a consumer economy, spending billions on foreign technology and products instead of fostering domestic manufacturing and innovation.
Tata Electronics, ASML join hands for semiconductor manufacturing in India
Tata Electronics and ASML are joining forces to establish chip manufacturing in India. This partnership will support Tata Electronics' new semiconductor Fab in Dholera, Gujarat. ASML's advanced lithography tools will be deployed. The collaboration aims to accelerate local talent training and build a resilient supply chain.
Ex-Peak XV trio raises Mettle; Fintechs go licence hunting
Happy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and more in today's ETtech Morning Dispatch.
Groww investors make bank; Mobikwik, Fractal's Q4 profits surge
Groww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
Stocks in news: Groww, Dr Reddy's, Waaree Energies, Lenskart, SBI
Markets experienced a sharp risk-off session on Monday, with indices declining amid broad selling. Investors are advised to avoid aggressive index bets and await clearer directional signals. Pharma and healthcare stocks remain preferred, while dips in energy and metal sectors offer accumulation opportunities.
Stocks in news: SBI, Titan, Hyundai, BSE, Torrent Pharma, Axis Bank
Indian markets saw volatile trading on Thursday, closing nearly unchanged despite positive signals. Several companies including SBI, Titan, and Hyundai are in focus today. Many firms will announce their fourth-quarter results. Britannia Industries reported strong profit growth and recommended a dividend. BSE also posted a significant profit surge. Bharat Forge's profit declined, while Dabur India saw a profit uptick.
Tata Group, JSW to plow $1 billion in EV, battery tech
Indian giants Tata Group and JSW Group are investing close to $1 billion. They are building local capabilities in electric vehicle and battery technologies. This move aims to reduce dependence on Chinese tech. Tata's Agratas is spending over $400 million on battery research. JSW Motors plans to invest at least $500 million in a research hub.
Stocks in news: Paytm, Bajaj Auto, L&T, Bharti Airtel, Hero MotoCorp
Markets closed lower amid global headwinds and geopolitical worries. Several companies like Paytm, Bajaj Auto, and L&T are in focus due to Q4 results and news developments. Hero MotoCorp reported strong Q4 earnings, while L&T saw a profit decline but recommended a dividend. Bharti Airtel is exploring network slicing for premium services.
Lord’s Mark among few global players to win HIV self-test approval, exports from June 2026
Lord's Mark Industries Ltd. has secured Central Licensing Authority approval for its LordsMed HIV 1&2 Self Test, becoming one of nine global companies with this Class D in-vitro diagnostic self-test clearance. The company will commence exports to Africa, the EU, and South America in June 2026, targeting key international markets.
AI-led discovery of long-standing banking vulnerabilities a 'wake-up call' world: NIELIT Director
AI-led discovery of long-standing vulnerabilities in banking systems is a "wake-up call" not only for US banks, but also India and rest of the world, Sheetal Chopra, Director at National Institute of Electronics and Information Technology (NIELIT) under the Ministry of Electronics and Information Technology (MeitY)today.
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