Electric commercial vehicle manufacturers in India are struggling to meet localisation requirements under the PM eDRIVE scheme, set to begin on Tuesday. The Society of Indian Automobile Manufacturers (Siam) has requested a seven-month extension until April 1, 2027, citing disruptions in the supply of rare earth magnets due to China's export restrictions and geopolitical tensions. The government is yet to decide on the request, which aims to prevent production disruptions and allow time for local supply chain development.
Former Australian cricketer David Warner has been convicted and fined A$1,500 for drink-driving in Sydney.
Hexaware Technologies has announced Vivek Jetley as its CEO-Designate, succeeding Srikrishna Ramakarthikeyan. Jetley will take over on October 28, 2026, with a mandate to accelerate growth and scale the company's AI-led services globally, leveraging his extensive experience in AI and enterprise transformation.
Japanese 'flying car' manufacturer SkyDrive Inc plans to commercialise its eVTOL aircraft in India by 2028, initially focusing on medical logistics, particularly organ transportation. The company, backed by Suzuki, has signed an agreement with Air India and Suzuki for this purpose and is considering future manufacturing in India.
Roles that mention AI in software development have grown 138 per cent between Q2 2024 and Q2 2026.
The Income Tax Department has initiated a nationwide verification drive targeting suspicious foreign remittances made by entities with minimal business activity, including those in border districts, and is scrutinising the chartered accountants who issued the mandatory tax determination certificates.
The Central government has approved an additional Rs 1,000 crore for electric two-wheelers (e2w) under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, extending incentives for the segment until March 2028.
Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.
The Maharashtra Food and Drugs Administration (FDA) has issued notices to two mess facilities at IIT Bombay, ordering them to cease operations due to a lack of necessary permissions and registrations. This action is part of an ongoing state-wide food safety enforcement drive, which has also led to the suspension of licenses for several other restaurants and eateries across Mumbai and Navi Mumbai due to hygiene issues and non-compliance.
Prime Minister Narendra Modi, in his Independence Day address, highlighted technology and innovation as central to India's goal of becoming a developed nation by 2047. He called for India to lead in emerging technologies like AI, quantum computing, and space, announcing a massive AI skilling initiative for one crore youth. Modi stressed the importance of becoming a global innovation hub, bolstering energy security with nuclear power, and strengthening cybersecurity.
Artificial intelligence (AI) is significantly increasing the demand for flexible office spaces in India, as enterprises prioritise agility, speed-to-market, and struggle with forecasting workforce requirements. AI-native startups are a primary driver, while established companies are adopting 'core-plus-flex' strategies to balance stability with adaptability.
Argentina's men's hockey captain, Matias Rey, draws inspiration from football legend Lionel Messi as he leads his team in his sixth World Cup. Rey, like Messi, emphasizes the "never give up" philosophy learned from the national football team's success. The team, including goalkeeper Tomas Santiago, is preparing for a tough match against India, focusing on neutralizing key players like Harmanpreet Singh, while fans show their support by wearing Messi's jersey.
Former Australia batter David Warner has pleaded guilty to a mid-range drink-driving charge in Sydney, facing a potential prison sentence of up to nine months and a minimum six-month driving ban.
While the new Brezza keeps its tried and tested 1.5 litre NA engine, there is now an additional 1.0l turbo petrol unit with a 6-speed manual gearbox to tempt younger buyers, points out Somnath Chatterjee.
Tiger Woods agreed to a five-year driving licence suspension in an impaired-driving plea deal, with the judge warning that any violation could result in immediate imprisonment.
Trai Chairman Anil Kumar Lahoti highlighted the transformative role of satellite communications in expanding seamless connectivity across India, especially in remote areas. He noted that India's space economy is projected to grow significantly, driven by satcom technology that will bridge the digital divide, provide resilient infrastructure during disasters, and support strategic sectors.
Trai Chairman Anil Kumar Lahoti highlighted the transformative role of satellite communications in expanding seamless connectivity across India, especially in remote areas. He noted that India's space economy is projected to grow significantly, driven by satcom technology that will bridge the digital divide, provide resilient infrastructure during disasters, and support strategic sectors.
Mountain drives are the ultimate test of an EV's stamina. Here is how the Sierra.ev fared over a rigorous test loop in the Nilgiris, says Rajesh Karkera/Rediff.com.
Two-time Olympic medallist PV Sindhu is aiming for a historic sixth World Championships medal, driven by her enduring "hunger towards the game" since starting her senior career in 2009.
Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.
Golf icon Tiger Woods is scheduled to appear in a Florida court to change his not guilty plea in an ongoing impaired-driving case.
Marine war-risk premiums for West Asian shipping routes, particularly the Red Sea corridor, have surged by as much as 200 per cent due to renewed geopolitical tensions, with some high-risk transits seeing increases of over 1,000 per cent, according to industry brokers.
A sub-inspector in Hyderabad has been booked after a video went viral showing him allowing his minor granddaughter to drive a car. The incident led to a case being registered under the Bharatiya Nyaya Sanhita and Motor Vehicles Act, with the Telangana DGP calling for the officer's suspension and a departmental enquiry.
New players like Maruti Suzuki, VinFast, and Tesla are significantly expanding India's electric passenger vehicle (e-PV) market, capturing an 8.1 per cent share and contributing 18 per cent of incremental registrations in the first half of 2026, according to Fada Research data.
Harry Brook's blistering 91 and strong partnerships with Dan Lawrence, Joe Root and Jordan Cox put England firmly in control, leaving Pakistan facing an uphill battle in the first Test at Headingley.
Indian skeet shooter Maheshwari Chauhan, who narrowly missed a medal at the Paris Olympics, is now leveraging that experience to prepare for the upcoming Asian Games in Japan. She finished fourth in the mixed team skeet event and is currently part of a national preparatory camp.
First Drive: Why the New Tata Sierra Was Born to be an EV
Titan Company reported a strong first-quarter performance for FY27, primarily driven by its jewellery segment, which saw a 30 per cent growth in sales. This robust Q1, coupled with expectations of continued outperformance, has led brokerages to raise earnings estimates and boosted the company's stock.
Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
Indian Hotels Company (IHCL) reported a healthy 14.6 per cent consolidated revenue growth in Q1 FY27, largely driven by a robust 17.6 per cent increase in domestic operations, offsetting geopolitical disruptions. Brokerages anticipate sustained growth, with Motilal Oswal Research projecting 12-14 per cent growth in FY27, supported by strong leisure demand and an asset-light expansion pipeline.
Maharashtra plans new policy to make domicile certificate mandatory for driving licence from August 2026, alongside efforts to regulate bike taxi services for revenue and job creation.
Former England winger Raheem Sterling has been charged by Hampshire Police with dangerous driving, possession of nitrous oxide for wrongful inhalation, and failing to provide a specimen following a motorway crash involving his Lamborghini on the M3 in May. No other vehicles were involved, and no injuries were reported.
Indian benchmark equity indices closed higher on Thursday, with the Sensex gaining 273.55 points to 77,928.15 and the Nifty rising 66.95 points to 24,317.15, driven by bargain hunting and short-covering in IT and auto sectors.
A new report by FICCI, BCG, and IBA outlines that India's banking sector must grow significantly faster than nominal GDP to support a USD 30 trillion economy by 2047, requiring banking assets of USD 45 trillion. The report highlights the sector's current strength, challenges in digitisation, and the need to enhance resilience against fraud and cyber threats, proposing a 13-point agenda for stakeholders.
Tata Consumer Products reported healthy revenue growth in Q1 FY27, driven by its India branded business and accelerating momentum in newer segments, which are now expected to sustain double-digit sales growth and improve profitability.
Infosys co-founder Nandan Nilekani predicts that large corporations in India will lose jobs due to automation and AI, while millions of small businesses will drive future employment growth. He advocates for deregulation, simplified business interfaces, and digital platforms to support small entrepreneurs and a gig economy workforce.
Heavy traffic continues to eat into commuters' time. Here are India's most congested cities.
The National Rifle Association of India (NRAI) has launched the ISSF Shotgun Referee Course in New Delhi, a five-day programme aimed at developing internationally qualified technical officials for shooting sports. The course, led by ISSF instructor Nooruddin Alyasi, attracts participants from India, Saudi Arabia, and Sri Lanka, signifying a major step towards enhancing officiating standards and technical infrastructure in the region.
Two Maharashtra Navnirman Sena (MNS) workers have been arrested in Pune for allegedly removing Prime Minister Narendra Modi's photograph from a government polytechnic office. The incident occurred during a visit by MNS leader Amit Thackeray, who is also facing a case related to the alleged act. BJP criticised the MNS leader for political immaturity.
Popular monsoon destinations include Kerala, Goa, Wayanad, Munnar, Mussoorie, Nainital, Bali, Thailand and the Maldives.
