Axis Bank has opened 50 new branches across India, while Abakkus Mutual Fund has surpassed Rs 10,000 crore in AUM. YES Bank launched a new credit card for women, and J&K Bank partnered with HDFC Life to enhance its insurance offerings, showcasing significant growth and strategic developments in the Indian financial sector.
The BJP has secured significant victories in the Haryana municipal corporation elections, winning in Ambala and Sonipat, and leading in Panchkula. The party also won the president's post in Sampla, a stronghold of former CM Bhupinder Singh Hooda, where the Congress did not field a candidate.
The Maharashtra government has constituted a high-level committee to address road repairs, traffic congestion and management issues in the rapidly expanding Chakan industrial belt in Pune district, and set up a mechanism for time-bound redressal of industrial grievances.
A 37-year-old government contractor in Navi Mumbai died by suicide due to severe financial strain from unpaid bills for completed work. Opposition parties in Maharashtra have accused the state government of negligence, demanding a culpable homicide case against the administration and highlighting a pattern of such incidents among Marathi contractors.
A tragic incident in Rishikesh saw a mother and her two-year-old daughter electrocuted in a waterlogged area due to a snapped power line. The mother, Suman Jethudi, managed to save her 12-year-old son before her death. Following public outcry and a complaint, a Junior Engineer of Uttarakhand Power Corporation Limited (UPCL) has been suspended, and a high-level inquiry committee has been formed. UPCL has also launched a statewide safety inspection drive.
Tamil Nadu Chief Minister C Joseph Vijay opened the sluices of the Stanley Reservoir in Mettur on Tuesday for irrigation in the Cauvery delta districts.
The market capitalisation of these 41 companies ranged from Rs 30 crore to around Rs 1.26 trillion, as on August 7.
The Supreme Court has declared the right to walk on demarcated footpaths a fundamental right, directing all states and Union Territories to ensure proper, encroachment-free pedestrian spaces. The court emphasised that footpaths are integral to human life and safety, and states must respond to advisories issued by central ministries regarding their implementation.
'Value is not where you make money in India. It never has been.' 'You have to buy momentum.' 'Momentum is in technology, and I don't see that slowing down because I believe the AI infrastructure boom is going to last for a while.'
Bangladesh-China and Bangladesh-US relations have evolved from reluctant engagement to increasingly consequential strategic partnerships.
The Jammu Municipal Corporation has launched an integrated system combining AI-based road monitoring with cold emulsion pothole patching machines. This initiative aims to ensure timely and scientific repair of damaged roads across the city, leveraging modern technology to identify and fix defects efficiently, especially before the monsoon season. The AI system also detects other civic issues, promoting smart urban governance.
Tata Steel has announced the sale of its entire 100% equity stake in Jamshedpur Football to Churchill Brothers for Rs 100.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
Deepak Mhaskey, an academic and former member of the board of Engineers India Limited, has been appointed as the new head of the BJP's social media department, taking over from Amit Malviya, who led the department for 11 years. Malviya expressed confidence in the new leadership to further strengthen the party's digital communication.
HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.
The initial public offering (IPO) of e-commerce enablement platform Shiprocket Ltd was subscribed an impressive 99.38 times on its final day of bidding, attracting bids for over 9.38 billion shares against 94.43 million on offer.
A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.
An under-construction seven-storey building in Hyderabad collapsed, killing two workers and injuring two others. The incident highlighted issues of illegal construction near a drain and violations of mandatory setbacks. Authorities revealed the building was seized four months prior, but construction resumed, leading to the collapse. Investigations into the owner's role and demolition of similar illegal structures are underway.
Tata Motors Passenger Vehicles (TMPV) reported Q1FY27 results showing significant margin pressures at both Jaguar Land Rover (JLR) and its domestic operations, despite strong volume growth in the India business. Analysts expect these margin headwinds to persist, potentially offsetting gains from increased sales and new launches.
The combined market valuation of five of India's top-10 most valued firms eroded by Rs 1 lakh crore last week, with IT giant Tata Consultancy Services (TCS) experiencing the largest decline amidst a bearish trend in domestic equities.
The National Company Law Tribunal (NCLT) has approved media baron Subhash Chandra's personal insolvency resolution plan, which proposes to pay Rs 6.5 crore against admitted creditor claims of approximately Rs 22,006.57 crore, despite allegations from dissenting lenders that five family-linked entities controlled 61.78 per cent of the voting share.
A call for a strike by the Federation of Kannada organisations against the CWMA's directive to release Cauvery water to Tamil Nadu has seen mixed support, with many groups offering only moral backing while essential services and schools are expected to function normally.
Google aims to complete the first phase of its 1 gigawatt artificial intelligence (AI) data centre hub in Visakhapatnam by late 2028, with full operations across all phases expected within five years, according to Alexander Smith, Principal of Global Infrastructure and Energy for Asia Pacific at Google.
Chandra's tenure also saw a big jump in Tata Sons' other income, such as brand fee from group companies, treasury gains, and other non-recurring income.
The BJP has achieved significant victories in the Haryana municipal corporation elections, securing wins in Ambala and Sonipat, and leading in Panchkula. The party also won the president's post in Sampla, a stronghold of former Chief Minister Bhupinder Singh Hooda, where the Congress did not field a candidate.
The move is meant to enhance the operational capability of the armed forces, reduce import dependence and increase domestic value addition.
A US appeals court has upheld a $562.5 million arbitral award, which has grown to over $2 billion with interest, in favour of Devas Multimedia against Antrix Corporation, the commercial arm of ISRO, ruling that US courts have jurisdiction despite Antrix being government-owned.
Mumbai's local train services on both Western and Central Railway lines experienced significant disruptions due to multiple technical issues, including point failures and a fallen overhead wire, causing widespread delays and inconvenience for millions of daily commuters.
The Bharatiya Janata Party (BJP) has appointed Deepak Mhaskey, an academic and former board member of Engineers India Limited, as the new head of its social media department. He replaces Amit Malviya, who led the department for 11 years. Mhaskey, who holds a state minister-rank and is a permanent invitee of the BJP's Chhattisgarh unit, expressed gratitude for the significant responsibility.
We raid restaurants for cockroaches but never raid the roadside. Public hygiene runs entirely on faith and fumes. Even after so many years of being a free nation, points out Binu Alex.
'I know China will implode. It is scientifically impossible for China to control a nation through the barrel of a gun.'
Indian benchmark indices closed marginally higher, with the Sensex gaining over 43 points and the Nifty remaining flat, as a spike in crude oil prices due to geopolitical uncertainties tempered risk appetite.
Indian benchmark stock indices, Sensex and Nifty, extended their winning streak to a fourth day, with Nifty surging 1.60 per cent, driven by a sharp decline in crude oil prices and renewed foreign fund inflows.
Indian Oil Corporation Ltd (IOCL) plans to invest approximately Rs 1 trillion in petrochemical projects over the next five to six years, aiming to significantly increase its petrochemical intensity and production capacity to meet growing domestic demand.
Icra predicts that the top seven Indian cities will see an 8-11 per cent year-on-year growth in housing sales value by FY27, reaching approximately 7.9 trillion, primarily driven by the ongoing trend of premiumisation and a favourable product mix.
FICCI FLO and UP BJP MLA Rajeshwar Singh are collaborating to train 100 women as 'drone pilots' in Lucknow. This initiative aims to provide employment and entrepreneurship opportunities in the burgeoning drone economy. The announcement was made at an event where MLA Singh also highlighted his efforts in public grievance redressal and establishing women's empowerment centres in his constituency.
Penguin Random House India has clarified that it is not the publisher of Sonia Gandhi's memoir, "Belonging: A Journey of Love," in India. This statement follows reports suggesting the publisher backed out due to Gandhi's refusal of editorial changes. The company maintains it was willing to publish but has a prerogative to fact-check authors. The book's India distribution remains uncertain, though an e-book version is available for pre-order from another publisher.
The Chhatrapati Sambhajinagar Municipal Corporation demolished alleged illegal constructions at the residence and other properties of AIMIM corporator Matin Patel, who is accused of harbouring Nida Khan, wanted in connection with a TCS case.
Bengaluru's draft GBA (Parking) Rules, 2026, propose annual residential parking fees ranging from Rs 15,000 to Rs 25,000, depending on vehicle type. The rules aim to regulate on-street parking, requiring permits for residents and setting specific road-space requirements, with violations leading to penalties.
Olympic medallist PV Sindhu has initiated the 'PV Sindhu Centre for Sports Excellence' in Visakhapatnam, with Andhra Pradesh IT Minister Nara Lokesh performing the groundbreaking. This integrated sports and education ecosystem aims to provide world-class coaching, sports science, and academic support across seven disciplines, establishing Visakhapatnam as a national sports hub.
