India must invest in deep tech, not rely on global trends: Neelkanth Mishra
INDIA NEWS | Sat, 20 Jun 2026, 10:41PM IST
India cannot rely solely on world trends and must instead build a domestic innovation ecosystem, invest in deep tech capabilities, and develop globally competitive products across strategic sectors, senior economist Neelkanth Mishra said on Saturday.
He was speaking at the 15th convocation ceremony of the Indian Institute of Technology Gandhinagar (IITGN).
Mishra, the chief economist at Axis Bank and chairman of Unique Identification Authority of India, spoke about the economic opportunities in the country, the challenges of escaping the middle-income trap, and the need for India to become a technology and product-driven nation.
"India cannot depend on global trends or foreign technology alone but has to build its own innovation ecosystem, invest in deep tech capabilities and develop globally competitive products across multiple strategic sectors," an official release said, quoting Mishra.
The chief guest said the future of India will be shaped not just by policymakers and economis
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INDIA MARKET | Sat, 20 Jun 2026, 10:21PM IST
With an estimated Rs 10.06 crore net on Day 2, Cocktail 2's total India collections have reached Rs 23.56 crore net and Rs 28.07 crore gross.
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Peddi Box Office Collection Day 17: Ram Charan's Film Holds Steady, Collects This Amount
INDIA MARKET | Sat, 20 Jun 2026, 10:12PM IST
Despite a sharp reduction in screens compared to its opening week, Peddi has managed to maintain a healthy occupancy level in key Telugu markets.
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INDIA MARKET | Sat, 20 Jun 2026, 10:00PM IST
The Germany men's national football team.
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Bank Holiday Alert: Banks To Remain Closed On Three Days Next Week | Check List
INDIA MARKET | Sat, 20 Jun 2026, 9:38PM IST
Banks across the country will also remain closed on June 27, the fourth Saturday.
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INDIA BUSINESS | Sat, 20 Jun 2026, 9:38PM IST
Addressing a press conference during his visit to Sonbhadra as part of the Centre's campaign marking 12 years of the Narendra Modi government, Puri further said that Sonbhadra in Uttar Pradesh is shedding its image of being a backward region and is moving towards becoming a model district.
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Happy Father's Day 2026: 20+ Heartwarming Images, Wishes & Messages for Dad
INDIA MARKET | Sat, 20 Jun 2026, 9:35PM IST
In 2026, Fathers Day falls on Sunday, June 21.
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INDIA MARKET | Sat, 20 Jun 2026, 9:15PM IST
Trump claimed that Meloni was attempting to establishMeloni had dismissed Trump's claims that she had 'begged him for a picture'. friendly relations with him.
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Three India-flagged oil tankers cross Hormuz with 94 crew onboard
INDIA MARKET | Sat, 20 Jun 2026, 9:10PM IST
The three crude oil tankers -- Desh Vaibhav, Desh Vibhor, and Sanmar Herald -- are expected to arrive in India between June 24 and July 1
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EU lifts travel advisory for Assam, except 3 districts under Afspa: Himanta
INDIA MARKET | Sat, 20 Jun 2026, 9:02PM IST
He said that the USA and Canada are yet to lift the travel restrictions for Assam, and the state government was pursuing the matter with them
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3 Indian-flagged tankers transit through Hormuz
INDIA NEWS | Sat, 20 Jun 2026, 8:50PM IST
New Delhi: Three Indian-flagged crude oil tankers carrying over 8.6 lakh million tonnes of cargo with 94 crew members from the country transited through the Strait of Hormuz on Saturday and are en route to India, Union Minister Sarbananda Sonowal said.The three crude oil tankers -- Desh Vaibhav, Desh Vibhor, and Sanmar Herald -- are expected to arrive in India between June 24 and July 1.While Desh Vaibhav is expected to reach Vadinar Port on June 24, Desh Vibhor is likely to arrive at Sikka Port the same day. Sanmar Herald, the third Indian-flagged oil tanker to cross the Strait of Hormuz on Saturday, is scheduled to reach Paradip on July 1."3 Indian-flagged crude oil tankers, Desh Vaibhav, Desh Vibhor and Sanmar Herald carrying over 8.6 Lakh MT of cargo with 94 Indian crew members have successfully transited the Strait of Hormuz today and are en route to India," Minister of Ports, Shipping & Waterways Sonowal said in a post on X."Under the decisive leadership of Hon'ble PM Shri @narendramodi ji, GoI is working on highest priority to secure India's maritime interests. Our Ministry is actively coordinating with all relevant agencies to guarantee the absolute safety of Bharat's seafarers and energy lifelines," he wrote.The United States on Thursday lifted its blockade of Iran, allowing oil tankers to move through the Strait of Hormuz as a tentative agreement to end the war took effect. The channel had been largely unusable for months, but shipping began to resume soon after a deal came into force.On June 18, President Donald Trump signed an agreement with Iran Wednesday that calls for Tehran to dilute its stockpile of highly enriched uranium and waives US-backed sanctions on the country, immediately allowing Iran to sell its oil freely in a major concession from Washington.
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3 Indian-flagged oil tankers transit through Strait of Hormuz
INDIA BUSINESS | Sat, 20 Jun 2026, 8:50PM IST
Three Indian oil tankers, carrying over 8.6 lakh tonnes of cargo and 94 crew members, successfully navigated the Strait of Hormuz en route to India. The vessels, Desh Vaibhav, Desh Vibhor, and Sanmar Herald, are expected to reach Indian ports between June 24 and July 1. This transit follows the lifting of a US blockade on Iran, allowing oil tankers to move freely through the vital waterway.
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Three Indian-Flagged Crude Oil Tankers Secure Safe Passage Through Hormuz Says Port Minister
INDIA MARKET | Sat, 20 Jun 2026, 8:41PM IST
The Port Ministry was actively coordinating with agencies to guarantee the safety of India's seafarers.
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Getting Caught Without A Ticket In Mumbai Locals Just Became Costlier
INDIA MARKET | Sat, 20 Jun 2026, 8:39PM IST
Indian Railway authorities believe the higher fine will act as a deterrent and help improve passenger discipline across the network.
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From Pahadpur to Purvodaya: PM Modi sees Odisha driving India's growth
INDIA MARKET | Sat, 20 Jun 2026, 8:19PM IST
PM Modi said Odisha will play a central role in India's journey towards becoming a developed nation, highlighting investments, tribal welfare and the Centre's Purvodaya strategy
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Iran And US To Hold Talks On June 21, Pakistan Foreign Ministry Says
INDIA MARKET | Sat, 20 Jun 2026, 8:03PM IST
Mediators from Pakistan and Qatar will also participate in the discussions, the ministry said.
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Rupee Begins To Recover As Global Situation Improves, Says Union Minister Piyush Goyal
INDIA MARKET | Sat, 20 Jun 2026, 7:46PM IST
Improving international conditions have helped restore confidence in financial markets, contributing to the rupee's recent gains, said Union Minister Piyush Goyal.
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BHEL, Coal India investing Rs 25,000 crore in Odisha coal gasification project: G Kishan Reddy
INDIA BUSINESS | Sat, 20 Jun 2026, 7:40PM IST
A significant Rs 25,000 crore investment by BHEL and Coal India Limited is set to transform Odisha's coal sector. This ambitious project will explore coal gasification, moving beyond traditional power generation to unlock new opportunities in fertilizer production and boost downstream industries.
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Nagpur candidate chose Abu Dhabi centre via own login, changed later: NTA
INDIA MARKET | Sat, 20 Jun 2026, 7:23PM IST
The agency said that despite the Abu Dhabi centre being chosen by the candidate, it received an informal request on the evening of June 19, 48 hours before the exam, to change the centre to Nagpur
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INDIA MARKET | Sat, 20 Jun 2026, 7:00PM IST
Virgil van Dijk will be one of the key players for the Netherlands.
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Hormuz Tensions Escalate: Iran Announces Strait Closure Amid Ongoing Peace Talks With US
INDIA MARKET | Sat, 20 Jun 2026, 6:59PM IST
This development comes after Iran suspended talks with the US to reach a peace deal.
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INDIA MARKET | Sat, 20 Jun 2026, 6:44PM IST
Trump claimed that Meloni was attempting to establish friendly relations with him.
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James Burrows Dies At 85: Friends Cast, Hollywood Pay Tribute To Sitcom Legend
INDIA MARKET | Sat, 20 Jun 2026, 6:32PM IST
James Burrows worked on iconic shows such as Friends, Cheers, Taxi, Frasier, Will & Grace, The Big Bang Theory and The Mary Tyler Moore Show.
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US-Iran diplomats hold talks at Swiss retreat
INDIA NEWS | Sat, 20 Jun 2026, 6:29PM IST
Geneva: Diplomats from several countries were meeting Saturday at a Swiss retreat in a bid to maintain dialogue on the preliminary US-Iran deal to halt the Middle East war, said Bern.The Swiss foreign ministry said diplomats were in discussions at the luxury Burgenstock resort near Lucerne in central Switzerland, without giving further details.A diplomatic source told AFP the discussions under way on Saturday were preparatory in nature.Senior-level talks at the hotel complex were initially planned for Friday, but were called off, with the process shrouded in layers of uncertainty, as Israel carried out deadly strikes in southern Lebanon on Saturday.Swiss public broadcaster RTS said technical delegations from the United States and Iran, plus from mediators Qatar and Pakistan, were present at the discussions."Switzerland continues to provide a discreet and reliable setting to facilitate talks at Burgenstock on the implementation of the memorandum of understanding between the US and Iran," the foreign ministry said in a brief statement."Diplomats from various countries currently present are continuing their efforts to maintain the dialogue."No further information can be provided regarding those present or the discussions," it added.Israeli strikesIsrael carried out deadly strikes in south Lebanon on Saturday and Hezbollah maintained it had the right to respond, hours after the United States announced a renewed ceasefire in fighting that had strained the fledgling deal with Iran.US President Donald Trump and his Iranian counterpart Masoud Pezeshkian this week signed a preliminary agreement to halt the war on all fronts, including Lebanon.But follow-up talks scheduled for Friday at the Burgenstock were indefinitely postponed as the fresh fighting in Lebanon flared.Katara Hospitality, owned by Qatar's sovereign wealth fund, took over the Burgenstock complex in 2007.Swiss Foreign Minister Ignazio Cassis said late Friday that he had met earlier in the day with Qatar's Prime Minister Mohammed bin Abdulrahman Al Thani at the resort.The pair "exchanged views on recent regional developments following the memorandum of understanding between the US and Iran", Cassis said on X."As countries that place great importance on mediation, dialogue and good offices, Switzerland and Qatar share a strong commitment to supporting diplomatic solutions to international challenges."I thanked Qatar for its important mediation efforts and reaffirmed Switzerland's readiness to support initiatives aimed at de-escalation, stability and lasting peace."
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Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher rates
INDIA MARKET | Sat, 20 Jun 2026, 6:26PM IST
New Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on interest rates. This move, aimed at making markets less reliant on Fed signals, has already caused market volatility. Analysts warn this could lead to higher borrowing costs for consumers and businesses, contrasting with previous chairs who used guidance to stabilize markets and lower rates.
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NEET Re-Exam Tomorrow: Is There A Mega Block In Mumbai Local Trains On Sunday? Heres What We Know
INDIA MARKET | Sat, 20 Jun 2026, 6:18PM IST
Central Railway usually runs fewer suburban services on Sundays.
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