'A balance had to be struck between the economic cost of taking action at this point against the need not to fall behind the curve in controlling inflation and anchoring inflation expectations.'
Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.
The Reserve Bank of India (RBI) is widely expected to keep its benchmark repo rate unchanged in the August monetary policy review, with economists citing elevated inflation risks and the pending closure of the FCNR(B) deposit scheme as key factors. Most anticipate a 'Neutral' policy stance but with a hawkish tone due to geopolitical tensions, high crude oil prices, and an uneven monsoon.
Dabur India reported a steady performance in Q1 FY27 with 10.6 per cent year-on-year revenue growth, a 12-quarter high, driven by broad-based gains across India and international businesses. However, volume growth, particularly in beverages due to unseasonal rains, and concerns over monsoon impact on rural demand remain key challenges.
Persistent Systems announced an agreement to integrate a team from Concise, a software engineering and IT consulting company, to expand its Eastern European footprint.
Indian benchmark stock indices, Sensex and Nifty, rebounded on Friday, driven by value buying in banking, oil & gas, and auto shares following recent sharp losses. The Sensex climbed 315.20 points to settle at 73,895.74, while the Nifty rose 77.40 points to 23,140.50.
Injuries have forced England's 36-year-old express fast bowler Mark Wood to retire from international cricket after an 11-year career yielding 253 wickets across all formats.
India's IT services industry is witnessing a surge in mergers and acquisitions, particularly among mid-cap companies, as AI-led pricing pressure and macroeconomic uncertainty compel firms to seek scale, capabilities, and broader market reach. This trend is exemplified by the recent merger of Happiest Minds Technologies and ITC Infotech, aiming to offer end-to-end solutions and compete for larger transformation programmes.
A new study reveals that past emissions from major oil, gas, coal, and cement producers will continue to impact Earth's environment for centuries, even if emissions cease today. The research highlights that the planet will remain significantly warmer than pre-industrial levels, leading to persistent climate damages and increasing the likelihood of future extreme weather events, forming the basis for accountability lawsuits against these "carbon majors."
Bengaluru golfer Khalin Joshi secured his third title of the season, winning the inaugural Rs 1 crore Nava Raipur Open 2026 Golf tournament. He finished with a bogey-free three-under 31 in the final nine-hole round, overcoming weather delays and tough competition to claim the victory by one stroke.
Iranian President Masoud Pezeshkian delivered a strong address at the UN General Assembly, rejecting US allegations against Iran and accusing Washington and Israel of aggression and terrorism. He criticised US sanctions, defended Iran's peaceful nuclear programme, and highlighted the Palestinian issue.
Indian benchmark indices, Sensex and Nifty, traded flat in early deals due to elevated crude oil prices exceeding USD 100 per barrel and persistent geopolitical tensions, which subdued investor risk appetite.
Carlos Alcaraz says his injury troubles may be behind him, but Real Madrid's poor start is causing fresh frustration, with the tennis star calling for greater intensity.
'I don't really expect the August increase in food prices, which was close to 6 per cent, to persist as we go close to the end of this year.'
A 26-year-old man seeking infertility treatment was found to have a uterus and fallopian-tube-like structures, along with undescended testes, revealing a rare congenital condition called Persistent Mullerian Duct Syndrome (PMDS) that had remained undiagnosed until adulthood.
Fast-moving consumer goods (FMCG) companies in India are committed to maintaining current prices through the festive season, despite facing increased commodity costs and geopolitical disruptions. This strategy aims to protect consumer demand and sustain volume growth, even as margins remain under pressure.
Indian benchmark indices Sensex and Nifty saw a rebound in early trade, driven by a moderation in crude oil prices, despite persistent selling by Foreign Institutional Investors (FIIs) and mixed global market cues.
'Elevated crude prices and unchanged domestic fuel prices would put pressure on the profitability and cash flows of OMCs.'
Foreign portfolio investors (FPIs) have withdrawn nearly Rs 5,109.21 crore from Indian government securities under the fully accessible route (FAR) in just three days, driven by global uncertainty, elevated crude prices, rising US Treasury yields, and a depreciating rupee.
The divergence between the Sensex and Nifty closing values narrowed on the third day of the Closing Auction Session (CAS) rollout, but market participants, including Zerodha's Nithin Kamath, highlight structural issues and the unfortunate timing of its introduction alongside new RBI norms.
Newly promoted Hull City secured a 2-2 draw against Chelsea at Stamford Bridge, extending their unbeaten start to the Premier League season to four matches, much to the delight of manager Sergej Jakirovic.
Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.
Indian benchmark indices, Sensex and Nifty, closed higher on Thursday, breaking a three-day losing streak, driven by late buying in financial heavyweights like HDFC Bank and Axis Bank, despite persistent geopolitical tensions and crude oil prices exceeding USD 100 per barrel.
Saudi Arabia's East-West pipeline shutdown could make crude costlier for India as refiners face fewer supply routes and rising freight and insurance costs.
The Sports Authority of India's National Centre of Excellence in Bhopal has mandated two judo coaches, Ruchi Audichya and Gitanjali Pawar, to attend counselling sessions with a sports psychologist due to concerns regarding their professional conduct, attitude, and impact on athlete discipline and performance.
US President Donald Trump has expressed interest to his advisers in setting up a meeting with Iranian officials present in New York for the UN General Assembly's 81st session, "if the conditions are right."
Aastha Kunj Park in southeast Delhi is under intense scrutiny following the alleged gangrape of a 17-year-old girl by men posing as police personnel. The incident has brought to light significant security deficiencies, including broken boundary walls, unmanned gates, and poor lighting, raising serious concerns about public safety in the sprawling green space.
Nearly a month after devastating flash floods in Nepal, search operations are ongoing for approximately 6,000 people who remain unaccounted for. The floods, originating near the Nepal-Tibet border, caused widespread destruction, killing over 1,400 in Nepal and 43 in China, and damaging critical infrastructure. Identification of recovered bodies is a major challenge, often requiring DNA testing due to severe damage.
India's Chief Economic Advisor V Anantha Nageswaran stated that the country's balance of payments (BoP) pressure is expected to remain a continuous challenge due to rising imports, commodity dependence, high global interest rates, and intense competition for capital.
Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.
A powerful suicide blast during Friday prayers at a mosque near police lines in Kohat, northwest Pakistan, killed at least 16 people, including police personnel and civilians, and injured dozens. A militant group, Ittehad-ul-Mujahideen Pakistan, claimed responsibility for the attack, which involved an explosives-laden vehicle and an exchange of fire.
A national study of top 75 Indian B-schools reveals a significant competency gap in AI skills among management graduates, with industry expectations far exceeding current MBA capabilities. A new framework by AIMS, EPSI, and IMC highlights the urgent need for management education to adapt to an AI-led workplace, emphasizing behavioural competencies alongside data fluency.
Hardik Pandya's return to cricket is contingent on him proving full fitness, specifically bowling his complete quota of 10 overs for India A, as selectors eye his potential role in the 2027 ODI World Cup amidst persistent injury concerns.
Indian benchmark indices, Sensex and Nifty, saw an early rebound after significant losses, driven by value buying, though elevated oil prices and anticipation of the US Federal Reserve's policy decision tempered gains. Track Sensex, Nifty on September 16.
'Giving up is very easy. But don't give up. Try out whatever you can. Something will happen.'
A 47-year-old man, Gulzar Singh, from Dirba in Sangrur district, allegedly died by suicide after consuming poison. In a purported video, he questioned Punjab Finance Minister Harpal Singh Cheema about the unabated supply of 'chitta' (synthetic drugs) in the area, stating his son was addicted. Opposition parties have seized on the incident, demanding a probe and justice for Gulzar Singh, putting the Mann-led AAP government under pressure regarding the drug menace in the state.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trading, primarily due to selling pressure on blue-chip HDFC Bank and ongoing geopolitical uncertainties.
The Federation Equestre Internationale (FEI) has threatened to suspend the Equestrian Federation of India (EFI) due to its failure to finalise a new constitution and hold elections as directed by the Delhi High Court. The international body cited breaches of good governance principles and has given EFI until September 28 to provide an explanation before its board considers suspension on October 13. The crisis stems from long-standing governance disputes and divisions within the ad-hoc committee appointed to oversee the federation.
Shiv Sena (UBT) leader Aaditya Thackeray has denied any knowledge of or meeting with late Disha Salian, former manager of late actor Sushant Singh Rajput. He alleges that attempts to link his name to the case are politically motivated character assassination, following the CBI's registration of an FIR in the 2020 Disha Salian death case.
Indian Olympic Association president P T Usha has voiced strong objections to the Aichi-Nagoya Asian Games organisers' decision to forgo a conventional Athletes Village, opting instead for dispersed accommodation including a cruise ship. Usha, a former Asian Games athlete, highlighted the importance of a centralised village for athlete interaction and expressed concerns about logistical challenges and venue distances. She believes the traditional village system will endure despite this experiment and shared her excitement for India's performance and future hosting ambitions.
