On Wednesday, August 26, 2026, devastating flash floods in Nepal's Rasuwa district, bordering Tibet, left 105 Indian tourists among nearly 400 people missing.
Massive flash floods in Nepal, triggered by an ice-rock avalanche, have devastated the border town of Timure and other central districts, leaving a rising death toll and hundreds missing. The disaster, described by witnesses as feeling like an earthquake, has claimed entire families and caused widespread destruction to infrastructure. Rescue efforts are underway, with a significant number of missing individuals identified as tourists, including nearly 300 Indian nationals.
Sun Pharmaceutical Industries reported a 27 per cent year-on-year increase in consolidated net profit to 2,894.7 crore for Q1FY27, with revenue growing 10 per cent to 15,299.8 crore, driven by strong performance in India and innovative medicines.
Smallcap and midcap funds now account for nearly 30% of active equity MF folios, as stock-market gains revive investor appetite for high-growth segments.
The Gandak river's water level in Bihar is showing a receding trend, bringing relief to low-lying areas after flash floods in Nepal caused a surge. Despite a marginal rise due to late-night rainfall in Nepal, authorities are monitoring the situation closely, with no adverse impact on embankments reported.
Indian golfer Shubhankar Sharma dropped to tied 41st after a three-over 75 in the third round of the Nexo Championship. South Africa's Shaun Norris took a commanding two-shot lead after equalling the course record with a nine-under 66.
Barcelona commenced their LaLiga title defence with a dominant 5-0 away victory against Elche, featuring two goals each from Raphinha and Fermin Lopez, and one from debutant Karim Adeyemi.
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.
A new study from The Rockefeller University reveals that short, intense sprints significantly alter a quarter of measured plasma proteins, far more than moderate exercise. These protein changes are linked to a lower risk of cardiovascular and metabolic diseases, including obesity and type 2 diabetes, and even slower biological aging. The findings suggest that high-intensity exercise triggers profound molecular adaptations crucial for health.
'It appears to be a combination: A glacier breaking away, and a dam-like formation downstream reaching capacity and releasing water suddenly.'
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.
The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).
India's exports reached a six-month high, growing by 18 per cent to USD 45.2 billion in May, driven by electronic goods, petroleum products, engineering items, and pharmaceuticals. However, the trade deficit widened to USD 28.21 billion due to a 10 per cent rise in imports, particularly petroleum products and gold, amidst surging crude oil prices.
Foreign Portfolio Investors (FPIs) have significantly increased their investment in Indian equities, infusing Rs 23,544 crore in August, driven by improving quarterly earnings, a stable rupee, and positive market prospects.
"Everything was here before, but now there is nothing left," said Nayan Tiwari, one of many residents returning to flood-hit Galchhi in central Nepal to recover whatever belongings remain and to restore homes that once held their everyday lives.
India published 929 generative AI patents in 2024 and 2025 alone -- equating to nearly 70 per cent of the 1,350 patents it published over the entire previous decade (2014 to 2023).
GM-elect Mayank Chakraborty defeated Jaiveer Mahendru to join IM Artem Pingin and FM Sharnarthi Viresh in the lead at the Asian Junior Open Classical Chess Championship. In the Girls' Championship, WCM Shohradova Leyla and WFM Pratitee Bordoloi maintained their joint lead after a draw, with the tournament heading for an exciting finish.
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.
A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.
The fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks.
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.
Chelsea secured a breathless 3-2 victory over West London rivals Fulham in Xabi Alonso's first Premier League match as coach, with goals from Joao Pedro, Morgan Rogers, and Cole Palmer.
IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.
HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
The Centre has launched dedicated Kanda Express onion trains from Nashik to major cities, releasing buffer stocks at 35/kg to curb a sharp seasonal rise in onion prices.
Women's sports garnered 28.6 billion minutes of views in the U.S. in the first half of 2026, an 18% increase year-over-year, with advertising spend up 120% since 2022, according to a Nielsen report.
'The ethanol blended with petrol programme should not be halted or reconsidered.' 'India is not experiencing a structural sugar shortage, and the ethanol blending roadmap does not compete with food security or drive domestic price increases.'
The Indian women's hockey team secured a commendable fifth-place finish at the FIH World Cup by defeating Germany 3-1 in a classification match, with Navneet Kaur scoring two goals.
Qcom platforms are prioritising convenience, selection, AI-driven inventory planning and loyalty rewards over deep discounting.
Zerodha co-founder Nikhil Kamath has invested Rs 200 crore in CtrlS, a hyperscale data centre company, with entrepreneur Sreeram Reddy Vanga adding Rs 50 crore. This capital infusion will fuel CtrlS's infrastructure expansion and capacity growth across India, addressing the rising demand from enterprises and hyperscale clients driven by AI, cloud, and digital advancements.
H1N1 influenza cases have seen a recent increase in Delhi and parts of North India. Experts confirm it's a known strain, not more virulent, and advise precautions, especially for high-risk individuals like the elderly, children, and those with chronic illnesses. They stress the importance of rest, hydration, and medical consultation for severe symptoms, while also noting that most cases are mild and self-limiting.
Villages along the Uttar Pradesh-Bihar border are on high alert following devastating flash floods in Nepal, with authorities monitoring the Gandak River for potential downstream surges and the NDRF deploying 20 teams for preparedness.
Spider-Man: Brand New Day has swung into the exclusive Rs 400 crore club at the Indian box office, captivating audiences with its remarkable performance.
Indian benchmark indices, Sensex and Nifty, saw declines in early trade, influenced by rising crude oil prices and ongoing geopolitical tensions in West Asia. Experts suggest that crude oil remains a primary concern, with Brent holding near USD 88 a barrel due to renewed US warnings against Iran, embedding a geopolitical risk premium in energy markets. Track Sensex, Nifty
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.
FC Goa's AFC Champions League Two campaign concluded with a 0-3 loss to Turkmenistan's FC Arkadag, relegating the Indian club to the AFC Challenge League, the third tier of Asian club football.
Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.
Shares of packaged food company Milky Mist Dairy Food Ltd listed with a premium of nearly 18 per cent against its issue price of Rs 140, reaching a market valuation of Rs 13,968.81 crore.
Indian benchmark indices Sensex and Nifty experienced declines in early trade, driven by a surge in Brent crude oil prices above USD 91 per barrel due to escalating tensions between Iran and the US, alongside an increase in US 10-year bond yields. Track Sensex, Nifty on August 18.
