India has launched the ~62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to incentivise domestic production and strengthen Indian mobile phone brands, offering production-linked incentives and additional benefits for local component sourcing.
A 62-year-old physically-challenged man died after allegedly being pushed out of a moving local train in Mumbai by a fellow passenger following an argument over seating. The incident occurred between Mahim and Bandra railway stations. The accused was apprehended by other passengers and a murder case has been registered. This marks the third such fatal incident on Mumbai local trains this year.
ArcelorMittal reported a significant 62 per cent year-on-year decline in its net income, reaching USD 683 million in the June 2026 quarter, despite a quarter-on-quarter increase in sales and improved performance from its Indian joint venture, AMNS India.
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 6.2-magnitude earthquake originating in Afghanistan caused strong tremors across Delhi-NCR and Jammu and Kashmir, leading to panic but no immediate reports of damage or casualties.
Sunit Chowrasia, nephew of SSP Chawrasia, fired a bogey-free eight-under 62 to take a two-shot lead after the second round of the DP World PGTI NexGen Vijay Kumar Memorial tournament in Lucknow. He now stands at eight-under 132, while overnight leader Abhishek Kumar is in second place.
India's gross Goods and Services Tax (GST) collections saw a significant 14.8 per cent year-on-year increase in August, reaching approximately Rs 2 lakh crore, with import revenue contributing substantially to this growth.
Gurnoor Brar has joined North Zone for the Duleep Trophy semifinal, with selectors using the opportunity to boost the India pacer's red-ball exposure ahead of New Zealand Tests.
India has successfully manufactured and test-fired its first fully indigenous AK-203 assault rifle, named 'Sher', at the Korwa facility in Uttar Pradesh, marking a significant milestone in defence self-reliance with 100 per cent Indian components.
The Indian Centre has spent 37 per cent of its ~12.22 trillion capital expenditure target in the first four months of FY27, marking a 30 per cent year-on-year increase, while simultaneously keeping the fiscal deficit under control at 27 per cent of the Budget Estimate.
Gold and silver prices are expected to continue their upward trend next week, driven by anticipation of key US inflation data and Federal Reserve signals, though profit-booking may occur at higher levels.
The first 'Kanda Express', a dedicated rail rake carrying 453.65 tonnes of onion from Nashik, Maharashtra, has arrived in Delhi to boost supplies and help rein in soaring prices, with the onion to be sold at a subsidised rate of Rs 35 per kg.
Kajal Dhochak clinched her second consecutive U20 World title in wrestling, while teammates Tanu Sharma and Savita secured silver medals at the Under-20 Wrestling World Championship.
Gold prices in India extended their losing streak, falling by Rs 1,500 to Rs 1,60,900 per 10 grams, influenced by hawkish remarks from Federal Reserve Chair Kevin Warsh and rising oil prices, which have increased expectations of an interest rate hike.
Deepadhar, featuring former Asian Games gold medallists, has taken an early lead in the fifth East Zone Bridge Championship in Kolkata, accumulating 65.22 Victory Points after four rounds. The tournament, a Bridge Federation of India Ranking Two event, involves around 300 players from 50 teams across East Zone states competing for a Rs 6 lakh prize purse, with the top 16 teams advancing to the knockout stage.
The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.
Manchester City has reportedly accepted a 65.4 million bid from Barcelona for their World Cup-winning Spain midfielder Rodri, who has agreed a four-year deal with the Spanish champions.
The Special Intensive Revision of Maharashtra's electoral rolls has identified over 76 lakh voters classified as permanently shifted across the state. Mumbai Suburban, Thane, and Pune districts reported the highest numbers, highlighting significant discrepancies in voter lists and the ongoing challenge of maintaining accurate electoral data.
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.
Delhi's draft electoral rolls show a high percentage of voter exclusions, particularly in minority-dominated and SC-reserved constituencies. Overall, 33% of voters were deleted, with some areas like Okhla seeing up to 45% exclusions. The CEO office attributes most deletions to absent or shifted voters, who can re-register by September 30.
Indian golfers Shubhankar Sharma and Yuvraj Sandhu had a challenging opening round at the Nexo Championship in Scotland, with Sharma tied 38th and Sandhu tied 62nd amidst strong winds. Sweden's Marcus Kinhult leads the tournament.
Indian all-rounder Mahipal Lomror has signed with Surrey for the remainder of the County Championship season. He becomes the second player from Rajasthan to join the English side this season, filling a gap left by injuries and international call-ups.
A study by Amazon Ads reveals that nearly 87% of Indian small and medium businesses (SMBs) believe AI has opened up new advertising opportunities, including streaming TV. The research indicates that 75% of surveyed SMBs attribute business growth to AI-enabled advertising, with 68% noting increased creativity. AI is also facilitating international trade for 59% of businesses, though human oversight remains crucial in decision-making.
Rishabh Pant has surpassed Adam Gilchrist to become the third-highest six-hitter in Test cricket, achieving the feat during India's second Test against Sri Lanka in Colombo.
Delhi's draft electoral rolls show a significant reduction in voters, with affluent constituencies experiencing a higher percentage drop (37.4%) compared to areas with unauthorised colonies and Jhuggi-Jhopdi clusters (35.7%). Overall, 47.5 lakh voters have been excluded, with officials noting Delhi's exclusion rate is the highest among states undertaking Special Intensive Revision. Citizens have until September 30 to file claims and objections before the final roll is published on November 4.
Tempsens Instruments India has emerged as the strongest mainboard IPO debutant of calendar year 2026 so far, delivering a 95.55 per cent gain on its listing day, surpassing all previous top performers and contributing to August being the strongest month for listing gains this year.
A 62-year-old Gujarati businessman from Mehsana's Aakhaj village was shot dead inside his store in Jackson, Tennessee, USA, with his 19-year-old daughter present during the incident, a village resident said.
The appeal against the August 6 order of the Bombay high court has been filed through advocate Aditya Samaddar.
Devdutt Padikkal reflects on his Player of the Series performance in Sri Lanka, his preparation against spin and turning domestic form into Test success.
Raphinha and Fermin Lopez scored for Barcelona in their 2-0 victory over Athletic Bilbao at the Camp Nou, marking their first home win of the LaLiga season and putting them level on points at the top of the table.
Former Australian cricketer Will Pucovski has initiated legal proceedings against his former school, Brighton Grammar, alleging that the institution failed to adhere to proper concussion protocols after he sustained a head injury during a football training session in 2014. His lawyers claim this incident led to a traumatic brain injury, making him vulnerable to subsequent concussions and ultimately forcing his early retirement from professional cricket at age 27.
Devastating flash floods in Nepal, triggered by an ice and rock collapse, have led to over 900 deaths and 4,000 missing. Rescue operations by security personnel are severely hampered by critical shortages of specialised equipment, including thermal cameras, body bags, ropes, and helicopters. International assistance from India and China is aiding the search for missing workers, highlighting Nepal's long-standing disaster management capacity issues and inadequate funding.
The Madhya Pradesh government has transferred 62 IPS officers, including 19 superintendents of police, assigning them new roles across various levels.
India's foreign exchange reserves saw one of their largest weekly expansions, surging by USD 14.136 billion to reach USD 707.002 billion during the week ended August 7, according to the Reserve Bank of India.
Goalless Turkey were ousted from the FIFA World Cup 2026 after losses to Australia and Paraguay in Group D, thwarted by poor finishing and a staunch opposition defence.
Credit card spending in India has consistently topped Rs 2 trillion for three consecutive months, with July 2026 recording Rs 2.08 trillion, indicating a new normal for consumer expenditure, according to the latest RBI data.
Om Prakash Chouhan has taken the opening-round lead at the Rs 1 crore Coal India Open in Kolkata, delivering a spectacular eight-under 62. His impressive performance included a hole-in-one and an eagle, giving him a one-shot advantage over former Asian Tour winner Ajeetesh Sandhu.
Liverpool survived a Nottingham Forest scare with Victor Munoz's late equaliser, but Andoni Iraola remains without a Premier League win after two games in charge.
'ISRO will not manufacture any launch vehicles. That will all be done by the private sector or public sector undertakings.'
Indian javelin thrower Neeraj Chopra has qualified for the prestigious Diamond League Finals in Brussels on September 5, securing his spot despite competing in only two events due to a lower back injury. He also remains on track to qualify for the inaugural World Athletics Ultimate Championships in Budapest.
