Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.
The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.
Indian benchmark indices Sensex and Nifty closed lower, with the Sensex dropping 388 points and Nifty declining 112 points, as a sharp rally in crude oil prices, driven by geopolitical uncertainties and concerns over the Strait of Hormuz, dampened investor sentiment and reignited inflation fears.
Prime Minister Narendra Modi has highlighted the risks posed by the 'weaponisation' of resources and strategic sea routes, urging India to achieve greater self-reliance in energy to mitigate vulnerabilities to overseas supplies and geopolitical tensions.
The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and service providers to levy charges on UPI and other electronic payment modes. This move aims to create a sustainable revenue model for the digital payments ecosystem, shifting from the current exemption of UPI transactions from such charges.
'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'
Dreamfly Innovations is setting up a 40,000-sq ft aviation battery manufacturing facility in North Bengaluru with an investment of Rs 40 crore. This plant will produce advanced batteries for various drone applications, supporting India's growing drone economy and domestic drone makers.
Congress MP Deepender Hooda has urged the central government to consider Haryana as the host or co-host for the 2030 Commonwealth Games, citing the state's significant contribution to India's medal tally in major competitions.
The Los Angeles Lakers NBA team is reportedly being sold to businessmen Josh Kushner and Bob Iger for an unprecedented $12.5 billion, a deal that would make it the most expensive sports team ever sold.
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.
Mahindra Racing has reaffirmed its long-term commitment to Formula E, extending its participation until at least the Gen4 era in 2030, despite other major manufacturers exiting the championship. CEO Frederic Bertrand highlights this as a continuation of Mahindra's strategy to use electric racing as a technology laboratory, focusing on software, hardware, and human capital development that feeds into its wider automotive business and showcases Indian manufacturing prowess on a global stage.
Mahindra Racing has reaffirmed its long-term commitment to Formula E, extending its participation until at least the Gen4 era in 2030, despite other major manufacturers exiting the championship. CEO Frederic Bertrand highlights this as a continuation of Mahindra's strategy to use electric racing as a technology laboratory, focusing on software, hardware, and human capital development that feeds into its wider automotive business and showcases Indian manufacturing prowess on a global stage.
Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.
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.
Cricket Scotland and the Royal Dutch Cricket Association (KNCB) have jointly criticised the International Cricket Council's (ICC) significant structural changes to the Men's 50-over World Cup qualification pathway, calling it a 'setback to Associate Member cricket' and expressing disappointment over the lack of consultation.
Waterlogging at the newly-built Noida International Airport in Jewar after heavy rains has ignited a political dispute between the Samajwadi Party and the BJP government. While SP chief Akhilesh Yadav criticised the infrastructure, airport authorities stated the temporary water accumulation was cleared within 30 minutes without disrupting operations. BJP MLA Dhirendra Singh defended the development, accusing the opposition of politicising the issue.
Indian stock market benchmark indices, Sensex and Nifty, saw significant gains in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions, alongside renewed foreign fund inflows.
Bharti Airtel's first-quarter (April-June/Q1) performance for 2026-27 (FY27) surpassed estimates across most metrics, fuelled by robust growth in both its India and Africa operations, with significant increases in average revenue per user (Arpu) and subscriber additions.
India's gold demand saw a 6 per cent year-on-year decline in the April-June quarter of 2026, reaching 131.4 tonnes, primarily due to subdued seasonal sales, increased Customs duty, and Prime Minister Narendra Modi's call to reduce gold purchases, according to a World Gold Council report.
It is very unfortunate that China has decided to proceed with the controversial mega hydropower plants(despite the apparent opposition of many scientists in China). Why is Delhi silent about the development? asks Claude Arpi.
'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'
Indian benchmark stock indices, Sensex and Nifty, experienced mixed trading following the introduction of a new Closing Auction Session (CAS) for shares with futures and options (F&O) contracts, aimed at enhancing price discovery transparency. Track Sensex, Nifty on August 4
At Rs 4.07 trillion, gross inflows were just shy of the record Rs 4.34 trillion mobilised in H2 of 2024, making it the second half-yearly period in which inflows crossed Rs 4 trillion.
Temasek is exploring investment opportunities in India's booming IPL cricket league, a senior executive told Reuters, making the Singapore state investor the latest player to target one of the world's richest sports tournaments.
Liquidity stress in smallcap funds has fallen to its lowest level since February 2024, with the average time to liquidate 50% of portfolios dropping to 27 days in June from a peak of 44.2 days in January 2026, driven by a sharp recovery in smallcap stocks and increased trading volumes.
'At the end of the day, it is just another technology produced by the human mind.'
Bollywood actor John Abraham and cricket legend Jonty Rhodes unveiled the Rotterdam Dockers' team jersey for the inaugural European T20 Premier League, a new tournament featuring six city-based franchises across Europe.
Education loan defaults carry serious consequences. Credit bureaus record missed payments against both the student and the co-borrower, usually a parent.
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
Vidarsa K Vinod, a 27-year-old shooter from Kerala, has secured a spot in India's Asian Games squad for the 10m Air Rifle and 50m Rifle 3 Positions events, overcoming significant financial hurdles and training setbacks through resilience and family support.
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
The upcoming LaLiga season promises an intense battle as Barcelona defends its title against a revamped Real Madrid, led by returning manager Jose Mourinho, and a turbulent Atletico Madrid. Real Madrid has made significant signings and brought back Mourinho after two trophyless seasons, while Barcelona relies on continuity and its World Cup-winning core. Atletico Madrid faces pressure on manager Diego Simeone and a potential transfer saga involving Julian Alvarez, setting the stage for a dramatic season.
'The prime minister has given us the task of taking at least 300 satellites to orbit in the next five to six years.'
'Users should protect their savings goals before allocating money to discretionary expenditure.'
A new report by Motilal Oswal Financial Services Ltd (MOFSL) indicates that inflation, interest rates, and monetary policy have become more significant drivers of gold prices than traditional geopolitical conflicts, with markets increasingly focusing on these economic factors.
The business value of the Indian Premier League (IPL) has surged by over 11% to $20.6 billion this year, according to U.S.-based investment bank Houlihan Lokey. This growth is driven by its robust commercial model, attracting significant investor interest, as evidenced by recent franchise ownership changes and a diversified commercial ecosystem.
A Parliamentary Standing Committee on Commerce has urged the Indian government to swiftly conclude the proposed India-US Bilateral Trade Agreement (BTA), while ensuring India's interests are protected, recommending complete exemption for key export products like generic medicines and smartphones from future US tariff increases.
Vodafone Idea (Vi) significantly reduced its losses in Q1 FY27 to approximately 3,754 crore, driven by an exceptional gain and increased average revenue per user (Arpu). The company also reported its first net subscriber additions since its 2018 merger, indicating a positive shift in its operational trajectory.
Underlining that students are the "architects of India's future," President Droupadi Murmu on Friday said the government is taking comprehensive steps to reform public examinations to completely curb paper leaks and unfair means, making the system transparent, secure, and trustworthy.
'I was like I can't afford it. I cannot survive in Mumbai, so I will go back to the mountains.' 'But by God's grace, at that very moment, I got Adarsh Baal Vidyalaya, and Mumbai stopped me from leaving.'
