FIFA President Gianni Infantino is facing a deepening crisis after his proposal to sell a stake in the World Cup was abandoned, leading to public distancing from influential executives and calls for his removal from office.
State-run Oil and Natural Gas Corporation (ONGC) has approved the development of a 1.75 million tonnes (mt) strategic petroleum reserve (SPR) in Mangaluru, a project deemed of national importance, with plans for broad commercial utilisation.
FIFA President Gianni Infantino announced on Friday that the world soccer's governing body has abandoned its controversial plans to sell a stake in the World Cup to private investors, following widespread backlash from major confederations and internal dissent.
Asian Football Confederation president Sheikh Salman bin Ebrahim Al-Khalifa has strongly criticised FIFA's plan to sell stakes in the World Cup to private investors, calling the lack of consultation "totally unacceptable". He stated that FIFA's unilateral actions undermine continental football and urged member federations to await further discussions before approving the $20 billion proposal.
US President Donald Trump has abruptly withdrawn from a peace deal with Iran, citing fresh intelligence of Iranian assaults on commercial vessels in the Strait of Hormuz. The decision, made just a fortnight after celebrating the deal, has led to a significant military escalation in the region, with the US launching extensive counter-operations against Iranian military infrastructure.
The United States conducted retaliatory strikes against Iran, targeting over 80 sites, after accusing Tehran of attacking commercial vessels in the Strait of Hormuz, while Iran condemned the US decision to revoke a temporary suspension of sanctions on Iranian oil sales.
India is projected to attract between $80 and $85 billion through the Reserve Bank of India's (RBI) concessional swap facility, designed to boost foreign currency inflows, according to an SBI research report.
Seven Indian-flagged vessels, carrying 148 seafarers, are currently in the Persian Gulf region amidst escalating military tensions between the US and Iran. An Indian crew member was killed in a recent attack on a merchant ship, raising concerns about maritime safety and the fragile US-Iran peace deal.
Domestic passenger vehicle dispatches in India reached a record 12,73,811 units in the first quarter of FY27, marking a 25.9 per cent growth, driven by robust domestic demand despite geopolitical headwinds, according to SIAM.
The Asian Tour, DP World Tour, and PGA TOUR have announced a significant partnership extending until at least 2029. This alliance aims to enhance commercial and playing opportunities, establish pathways for Asian Tour members, and will see the DP World Tour co-sanctioning events with the Asian Tour again, marking a new era for professional golf globally and a potential setback for LIV Golf.
A Deputy Commissioner of the Commercial Tax Department in Karnataka was arrested for allegedly accepting a bribe of Rs 6 lakh from a businessman related to an Input Tax Credit case.
United States President Donald Trump claimed Iran 'badly' wants to strike a deal with Washington, DC, but expressed uncertainty over Tehran's willingness to honour any agreement, following US strikes aimed at degrading Iran's ability to threaten navigation in the Strait of Hormuz.
UEFA's member associations have unanimously voted to boycott the World Cup and other FIFA competitions in protest against FIFA's plan to sell stakes to external investors in a subsidiary managing its tournaments.
The Delhi High Court has issued an interim order protecting India cricketer Abhishek Sharma's personality rights, restraining third parties from misusing his name, image, and AI-generated content for commercial or personal gain. The court directed online platforms to remove infringing material, citing the spread of false and obscene content that damages his reputation and commercial value.
India's banking system liquidity has fallen to its lowest level in over three weeks, driven by robust credit growth and potential RBI intervention in the foreign exchange market, according to the latest data from the Reserve Bank of India.
Indian Super League clubs are urging the All India Football Federation (AIFF) to postpone any binding decisions regarding the new long-term commercial rights holder, citing insufficient opportunity to properly assess the bidders.
VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.
The Indian Consulate in Dubai has confirmed the tragic death of Indian sailor Herambh Karmarkar following an attack on the MV GFS Galaxy cargo vessel off the coast of Oman.
Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.
Selected students will receive a grant of up to Rs 12,000 to cover their academic expenses.
Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).
Iran has announced the Strait of Hormuz is open to commercial vessels, coinciding with a ceasefire between Lebanon and Israel.
'At the end of the day, it is just another technology produced by the human mind.'
The United States on Saturday (local time) launched a third round of strikes against Iran after alleging that Iran's Islamic Revolutionary Guard Corps (IRGC) attacked the Cyprus-flagged container vessel M/V GFS Galaxy in the Strait of Hormuz.
Skyroot Aerospace successfully launched India's first privately developed orbital rocket, Vikram-1, placing multiple technology demonstration payloads and commemorative items, including a postcard from Prime Minister Narendra Modi, into low Earth orbit, marking a significant entry into the global orbital launch market.
Fahadh Faasil turned down a significant role in Alejandro Gonzlez Irritu's upcoming film Digger, citing accent training demands and uncompensated expenses as key factors.
From intense gangster epics to tender slice-of-life dramas, these 10 films showcase why Dhanush remains one of Indian cinema's most versatile leading men.
Commercial banks in India recorded their highest credit growth in two years, accelerating to 18.6 per cent year-on-year by June 27, while also mobilising nearly 7 trillion in deposits, marking the third-highest fortnightly deposit growth in 29 years.
Christopher Nolan's The Odyssey masterfully reinterprets the legendary figure of Odysseus, presenting him as a multifaceted hero grappling with the horrors of war, the responsibilities of leadership, and an enduring longing for home.
Kuwait's air defence systems engaged 'hostile aerial targets', Jordan intercepted four missiles, and Bahrain sounded warning sirens after Iran launched retaliatory strikes targeting US military installations in the region.
India's automobile retail sales surged by 21.83 per cent year-on-year in June, reaching 25,57,234 units, marking the best June ever recorded across all segments, according to the Federation of Automobile Dealers Associations (FADA).
Iran's state broadcaster IRIB reported that the Qatari oil tanker "Al-Raqayat" was targeted in the Strait of Hormuz after allegedly ignoring Iranian warnings and attempting to transit with US Navy support. This incident follows the expiry of a US-Iran agreement to halt strikes and comes amidst escalating tit-for-tat attacks in the vital waterway, raising concerns about maritime security.
'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'
The Indian government has approved two major manufacturing initiatives worth nearly Rs 1.9 lakh crore (USD 22 billion) to expand the country's semiconductor ecosystem and scale up mobile phone production, aiming to strengthen its position as a global electronics manufacturing hub.
'With Vikram-1, we take our biggest step yet towards a reliable, high-cadence launch programme built in India, for India and the world.'
India is waiting for assurance from the US on comparative advantage over other economies under the deal.
...and 3 lakh for harassment.
A new study reveals that despite China's significant control over global rare earth mining and processing, its dominance has a critical weakness: the US and Japan hold the majority of core patents for advanced rare earth functional material technologies. This technological gap means China lags in higher-value applications, impacting its strategic advantage in the industry.
FIFA President Gianni Infantino has acknowledged the possibility of expanding the World Cup to 64 teams, a move that could significantly alter the sport's economics and logistics, despite opposition from major confederations like UEFA and AFC.
Air India Group anticipates the delivery of 50-60 new aircraft within the next 18 months, with its ambitious transformation programme progressing despite global challenges like supply chain issues and geopolitical tensions, according to Chief Commercial Officer Nipun Aggarwal.
