Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.
Education sector experts agree that using the "best technology" was essential to ensure students did not have to sit for an examination all over again because of a question paper leak.
The Italian Football Federation has appointed legendary former captain Paolo Maldini as its new Technical Director, aiming to leverage his experience to revitalise the national team's international standing after recent World Cup qualification struggles.
ITC reported a 16.2 per cent year-on-year drop in consolidated net profit to 4,394.13 crore in Q1 FY27, primarily due to a significant increase in taxes on its cigarette business. Consolidated net revenues also declined by 11.1 per cent to 19,114 crore, missing analyst estimates.
BikeWo Green Tech and Kwik Flite Support have signed an initial pact to develop an integrated air cargo, aviation logistics, and multimodal freight platform. This collaboration aims to combine road mobility with aviation capabilities to serve various industries, focusing on high-value and time-sensitive logistics across India, including Tier-II and Tier-III cities.
Mahindra Group Chairman Anand Mahindra announced the company would adopt an 'attack mode' strategy, accelerating investment, innovation, and execution to capitalise on opportunities arising from prolonged geopolitical and economic uncertainty.
EY India has launched its Cyber Performance Management (CPM) platform, an integrated solution designed to help enterprises quantify and manage cyber risk in real-time. This platform leverages AI and cybersecurity to provide decision intelligence, enabling organisations to identify and address threats proactively and translate cyber exposure into financial insights.
Foreign Currency Non-Resident (Bank), or FCNR (B), deposits mobilised under the Reserve Bank of India's (RBI's) concessional swap facility may have already surpassed the amount raised during the 2013 scheme in just about 45 days, prompting SBI Research to sharply raise its estimate for inflows under the facility to $65-70 billion.
The Indian men's hockey team is undertaking a high-intensity mental conditioning camp in Switzerland with coach Paddy Upton, mirroring their successful preparation for the Paris Olympics. This crucial camp aims to build team chemistry and trust ahead of the upcoming World Cup and Asian Games.
'GenZ today is close to 45 to 50 per cent of the overall shopping journeys in the country. They are also very content-first in terms of entertainment or otherwise, general gratification of content and discovery.'
As many as 274 fugitives have been repatriated from 36 countries in the last 7 years, an average of around 40 per year and a 10-fold jump from the 2004-13 period when around four fugitives were brought back every year, the government said on Tuesday.
IndiGo Managing Director Rahul Bhatia has stated that the airline has 'taken all the necessary steps' to learn from the operational disruption faced in December last year, while outlining a long-term vision focused on customer trust, international expansion, and establishing India as a global aviation hub.
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.
The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.
Infosys reported a 12.2 per cent year-on-year increase in consolidated net profit for the June quarter, reaching Rs 7,769 crore, but simultaneously lowered its full-year FY27 revenue growth outlook to 1.5-3 per cent, citing an uncertain macro-environment.
FSN E-Commerce Ventures (Nykaa) reported nearly 30 per cent year-on-year revenue growth in Q1FY27, marking its highest revenue growth in 13 quarters, primarily driven by accelerated expansion in its fashion segment.
Delhi Police is conducting an extensive investigation into the July 20 clashes, utilising thousands of videos, social media broadcasts, and mobile phone records to identify culprits and determine if the violence was pre-planned. The probe also focuses on identifying over 480 Pakistan-based social media handles allegedly spreading misinformation to instigate students during the protests.
The CEO of the National Health Authority, Sunil Kumar Barnwal, highlighted BRICS nations' shared aspiration for connected, patient-centric, and resilient healthcare systems through digital health infrastructure and responsible AI. Discussions at the 16th BRICS Health Ministers' meeting focused on overcoming challenges like limited interoperability and workforce constraints, with countries like Brazil and Indonesia sharing successful digital health initiatives.
French Grandmaster Alireza Firouzja secured the only decisive victory on the opening day of the Chennai Grand Masters chess tournament, defeating Indian GM M Pranesh in a lengthy 79-move game. Other prominent matches saw world champion D Gukesh draw with Nihal Sarin, Arjun Erigaisi draw with Dmitry Andreikin, and Nodirbek Abdusattorov draw with Hans Niemann, as eight grandmasters compete for a significant prize purse and FIDE Circuit points.
Rajesh Ramesh, a key figure in India's 4x400m relay teams, is set to make his Commonwealth Games debut in Glasgow, aiming to contribute to the team's success and make the nation proud.
'At the end of the day, it is just another technology produced by the human mind.'
State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
ICICI Bank, India's second-largest private-sector lender, is set to raise approximately $500 million through an overseas dollar bond issuance, marking its first such move in nearly a decade. This fundraising effort will utilise the Reserve Bank of India's (RBI) concessional swap window, a facility designed to reduce hedging costs for foreign currency borrowings.
Inflows into foreign currency non-resident (bank), or FCNR (B), deposits have significantly underperformed market expectations, leading to a more than 1 per cent depreciation of the rupee against the dollar this week. Analysts point to fading RBI support measures, tepid interest due to rising global bond yields, and narrowing interest rate spreads compared to 2013 as key challenges.
L&T Technology Services (LTTS) has announced a strategic partnership with Anthropic to integrate its Claude AI models into LTTS' engineering processes and AI platforms. This collaboration aims to redefine engineering work by enabling faster decision-making, streamlining workflows, and accelerating innovation for global clients, coinciding with Anthropic's new rupee-denominated pricing for Indian customers.
Newly-crowned junior squash World champion Anahat Singh has decided to defer her admission to Harvard University to fully dedicate herself to preparing for the 2028 Los Angeles Olympics, aiming for a medal in squash's Olympic debut.
Indian triple jumper Selva Prabhu, a World U20 silver medallist and NCAA champion, is set to make his senior Commonwealth Games debut in Glasgow. He attributes his transformation into a more complete athlete to his experience competing in the NCAA circuit in the United States, highlighting the high-quality coaching and world-class competition. Prabhu is focused on consistency, speed, and technique, aiming to deliver his best performance and make India proud. He also acknowledges the crucial support from the Inspire Institute of Sport (IIS) in his development.
Chief Justice of India Surya Kant highlighted the rapid integration of Artificial Intelligence into arbitration practices, expressing concerns about its accuracy, authenticity, and ethical use. He stressed the need for mandatory disclosure when generative AI is used in preparing legal documents and reports, advocating for shared standards to manage deepfakes and AI-generated material. The CJI also encouraged embracing AI for efficiency in tasks like e-discovery while preserving core arbitration principles.
Indian batting prodigy Vaibhav Sooryavanshi acknowledges a period of 'several ups and downs' over the past four months but asserts his confidence remains high as he prepares for the T20I series against Zimbabwe.
Maharashtra Chief Minister Devendra Fadnavis announced the state's ambition to become India's leader in quantum technology. The state plans to build a robust ecosystem, align with the National Quantum Mission, and train over 5,000 professionals, recognising AI, semiconductors, and quantum tech as key pillars for future growth and global competitiveness.
Cricket's inclusion in the 2028 Los Angeles Olympics is a strategic move by Olympic leaders to tap into India's massive fan base and commercial power, aiming to attract billions of new viewers and strengthen the Games' appeal in key markets.
The BJP is significantly increasing its digital engagement with young people on Instagram, led by Prime Minister Narendra Modi and several Union ministers, in response to the NEET-UG paper leak controversy and subsequent student protests. This strategic shift aims to counter the narrative and communicate government actions on examination reforms.
TVS Motor Company reported a significant 56.8 per cent year-on-year increase in net profit to 1,036 crore in Q1FY27, driven by record sales volumes, an improved product mix, and robust demand in both domestic and international markets, with management anticipating continued double-digit industry growth.
Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.
The bill, introduced on Thursday, was conceived by Democrat Senator Richard Blumenthal and late Republican Senator Lindsey Graham and has the support of over 60 lawmakers.
For India, the guiding principle should remain clear: Engage Bangladesh as a sovereign nation and society rather than through the prism of any individual leader or political party, suggests Manoj Mohanka.
Ford Business Solutions (FBS) India, the global capability centre for Ford Motor Company, has inaugurated a new office in Coimbatore, its third location in India. This expansion is a strategic move to strengthen the resilience of Ford's global operations, with nearly 50 per cent of its future growth in India expected to be in technology, data science, and data analytics.
HCL Technologies reported a significant 20 per cent year-on-year increase in its consolidated net profit for the June quarter of FY27, reaching Rs 4,624 crore, while maintaining its revenue growth guidance of 1-4 per cent for the fiscal year.
A NITI Aayog report outlines India's potential to scale its bioeconomy to USD 691 billion by 2035 and USD 2.6 trillion by 2047, creating over 30 million high-value jobs. The report stresses the need for coordinated national execution, regulatory reforms, a strengthened talent pipeline, and a significant BioEconomy Growth Fund to achieve this vision, positioning India among the top biotechnology powers globally.
Delhi Lieutenant Governor Taranjit Singh Sandhu highlighted the transformative potential of artificial intelligence in enhancing urban governance. He stressed that AI can address complex administrative challenges, improve efficiency in areas like traffic management and environmental monitoring, and shift governance towards an intelligence-driven model, provided it is human-centric and reflects India's diverse context.
