India’s money-market turnover jumped to a record as state-owned lenders stepped up borrowing to fund booming credit demand.

The value of trades in the so-called tri-party repurchase segment, which accounts for about 70 per cent of the nation’s money markets, rose to an all-time high of ₹5.5 trillion ($57.8 billion) on May 13 and has stayed elevated since, according to Bloomberg-compiled data.

India's red-hot initial public offering market may look irresistible as foreign firms line up for listings, but the rush is not about raising funds to expand in a fast-growing market; it's about sending billions of dollars back to headquarters.

Just one of six foreign-based companies that listed their Indian units in Mumbai since 2024 raised new funds.

Union Petroleum and Natural Gas Minister Hardeep Singh Puri has emphasised that the government is "actively examining supportive policy frameworks to accelerate affordable adoption", including fuel price support and targeted fiscal incentives.

Speaking at the Launch of Hero MotoCorp's First Flex-Fuel Motorcycle in the national capital on Wednesday.

As conditions turn favourable for the southwest monsoon to enter Kerala, large parts of India are set to witness thunderstorms, lightning, gusty winds and rainfall on Wednesday, with the India Meteorological Department (IMD) forecasting active weather across north, central, eastern and southern regions.

The weather office has predicted widespread rainfall activity over Kerala, Karnataka, Tamil Nadu and parts of the Northeast.

India is engaged with the US on the Section 301 investigations over concerns related to forced labour and excess industrial capacity, the government said on Wednesday.

The country is also "parallelly" engaged with the US for finalisation of an interim trade agreement, a framework for which was announced through a joint statement on February 7.

Artificial intelligence (AI) company Anthropic will provide access to its Mythos AI model to 150 organisations across more than 15 countries, significantly widening the availability of its advanced cyber security software beyond the United States and the United Kingdom.

Mythos is an AI model designed to identify cyber security vulnerabilities.

Tata Motors plans to license an automaking platform from China's Chery, four people familiar with the matter told Reuters, as the Indian car company seeks to get its delayed premium EVs back on track.

Tata told Reuters in a statement it will leverage the Freelander platform produced in a joint venture between Chery and Jaguar Land Rover in China.

Zhang Yiming surpassed Mukesh Ambani to become Asia’s second-richest person after a rise in ByteDance Ltd.’s valuation and further progress in the Chinese firm’s AI ambitions.

Zhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index.

Ten people were killed and several injured on Wednesday when a massive fire broke out in a restaurant in south Delhi's Malviya Nagar, officials said.

Three people were rescued from the basement of the Lemon Green Restaurant, an official of the Delhi Fire Service said.

The Supreme Court on Monday refused to accept a plea seeking the conduct of the NEET-UG 2026 re-test on June 21 in computer-based test mode, saying the National Testing Agency is already faced with too many problems.

A bench of Justices P S Narasimha and Aravind Kumar, which posted the plea by RJD MP Sudhakar Singh and others for hearing on July 27.

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