'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
Indian golfer Shubhankar Sharma successfully made the cut at the weather-affected Husqvarna British Masters, carding rounds of 69 and 71 to finish tied 13th at 4-under. Despite challenging conditions and multiple rain disruptions, Sharma displayed strong composure. While fellow Indian Yuvraj Sandhu missed the cut, local favourite Marco Penge leads the tournament, with Sharma well-positioned for the final rounds.
Food delivery and e-commerce platform magicpin aims to expand its AI assistant, Vera's, merchant base to over 1 million by the end of 2026. Launched three months ago, Vera already supports over 5 lakh merchants by providing real-time order insights and has facilitated over 50 lakh interactions across various business verticals. The company has invested USD 1 million in its AI stack and plans further enhancements to Vera's capabilities.
Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade after two days of losses, driven by strong buying in blue-chip IT stocks and a rally in global markets.
The ICC Player Protection Programme, in partnership with AI moderator Freedom2hear, is actively shielding women cricketers from social media abuse. Over 100 players, including India's Radha Yadav and England's Amy Jones, have joined the initiative, which has already removed nearly 60,000 harmful comments during the ongoing T20 World Cup, ensuring player well-being and confident fan engagement.
The Indian women's junior hockey team, led by Khaidem Shileima Chanu and coached by Tim White, is set to compete in the AHF Women's Junior Asia Cup in Moqi, China, from September 4 to 13. The team has undergone extensive preparations, including an exposure tour to the UK and matches against an India A side, and is confident of a strong performance against top Asian rivals.
The KSLTA World Tennis Junior J30 Bengaluru is set to begin with qualifying rounds, offering promising young Indian tennis players a chance to compete for main draw berths. The event, hosted by the Karnataka State Lawn Tennis Association, will feature both boys' and girls' qualifying draws, with wildcards providing local talent an opportunity to gain international experience and ITF Junior ranking points.
Indian badminton pair Treesa Jolly and Gayatri Gopichand secured a historic bronze medal at the World Championships after a hard-fought loss to world No. 1 Chinese duo Liu Sheng Shu and Tan Ning in the women's doubles semifinals. This marks India's first women's doubles medal at the BWF World Championships since 2011.
'It could be in IT, it could be in administration, it could be in legal, it could be in technical services, but entry level jobs are rapidly disappearing because AI is taking them over.' 'So, the big question what would happen if the bottom rung of the ladder is removed?'
Delhi Traffic Police is implementing an AI-based traffic management and route-mapping system to ensure quicker movement of emergency vehicles like ambulances and fire tenders. This initiative aims to reduce response times during crises, addressing concerns raised after incidents where traffic congestion delayed emergency services. The system will identify high-traffic zones, suggest the fastest routes, and involve coordinated efforts with fire departments and additional police deployment.
The Indian women's wrestling contingent achieved significant success at the U-20 World Wrestling Championship in Bratislava, securing three medals. Mansi Lather earned a silver medal in the 68kg category, while Tanvi Magdum (57kg) and Komal (59kg) each contributed with bronze medals, showcasing India's growing prowess in junior wrestling.
A new report indicates India has become the world's fifth most digitalised economy and ranks fourth globally in AI performance, driven by increasing AI adoption and a strong digital infrastructure.
A seminar in New Delhi commemorated Acharya Prafulla Chandra Ray's birth anniversary, focusing on his significant contributions to pharmaceutical sciences and his vision for indigenous research and self-reliance. Organised by DPSRU and VIBHA, the event highlighted Ray's pioneering efforts in "Swadeshi science" and his role in establishing India's pharmaceutical industry.
India's national football team will host Panama in an international friendly on September 26, marking their first encounter. This match is part of a series of fixtures against 2026 World Cup participants, including Brazil and New Zealand, aimed at providing valuable exposure for the Blue Tigers.
The first day of the Husqvarna British Masters was severely disrupted by persistent rain and storms, preventing Indian golfers Shubhankar Sharma and Yuvraj Sandhu from teeing off. Northern Ireland's Tom McKibbin took an early lead before play was suspended due to weather.
The White House has launched a major crackdown on the 'Great Transhipment Scam', accusing India and over 40 other nations of helping Chinese exporters bypass US tariffs by misrepresenting the origin of goods. The US plans to use AI-driven monitoring and anti-transhipment clauses in future trade agreements to strengthen enforcement.
The India Junior International Grand Prix badminton tournament is set to begin in Pune, featuring 304 players from nine countries, including top junior talents like Dev Ruparelia. The event, organised by the Poona District Metropolitan Badminton Association, offers a total prize money of USD 15,000 and concludes on August 30.
The Ministry of Statistics and Programme Implementation (MoSPI) has upgraded its official data portal to be directly readable by AI models, aiming to prevent reliance on non-credible sources. This initiative includes standardising 288 priority datasets and addressing semantic interoperability challenges to improve public service delivery.
Netrasemi, an Indian semiconductor start-up, has announced that its flagship AI chipset, A2000, has achieved silicon bringup and is preparing for commercial production this year. The A2000 SoC, supported by Zoho and the government's DLI programme, will enable smart vision and real-time video analytics for smart cameras and edge AI platforms.
The Wrestling Federation of India (WFI) has decided to send separate teams for the U23 and Senior World Wrestling Championships due to the short time gap between the two events, forcing wrestlers to choose which tournament to compete in. This decision aims to ensure optimal preparation and performance for both Indian teams.
The Indian senior men's football team will play an international friendly against Panama at the Sree Kanteerava Stadium in Bengaluru on September 26. This match against a FIFA World Cup-playing nation will be a significant test for the Blue Tigers, marking their return to Bengaluru after their SAFF Championship 2023 victory.
AG.AL has been crowned the Esports World Cup 2026 Club Champion, winning a USD 7 million prize from a record-breaking USD 75 million total pool. Their victory was secured after a dramatic win in Trackmania, capping a seven-week competition.
The Jammu Municipal Corporation has launched an integrated system combining AI-based road monitoring with cold emulsion pothole patching machines. This initiative aims to ensure timely and scientific repair of damaged roads across the city, leveraging modern technology to identify and fix defects efficiently, especially before the monsoon season. The AI system also detects other civic issues, promoting smart urban governance.
Prime Minister Narendra Modi has emphasised that India's Olympic performance can significantly improve by increasing participation in sports where the nation currently lacks representation. Speaking at the Khelo India Dialogue, Modi highlighted that India competes in only half of the Olympic sports, leading to a missed opportunity for medals. He also reiterated his vision for sports as a nation-building process, not just about winning medals, and mentioned a nationwide talent hunt for young children.
World Bank President Ajay Banga has advocated for the deployment of 'Small AI' locally deployed artificial intelligence running on inexpensive hardware to address daily problems faced by farmers and rural communities in emerging markets.
Indian Grandmaster Pranesh M secured a significant victory at the Kanizsa Open in Hungary, defeating Germany's Vadim Petrovskiy in the final round. The 19-year-old, currently ranked 44th globally, finished with seven points, earning congratulations from the Indian Embassy for his performance on the international chess stage.
Fintech company Cashfree Payments India Private Limited has significantly reduced its consolidated net losses to Rs 118.5 crore in FY26 from Rs 154 crore in FY25. The firm also saw a substantial revenue growth of over 51 per cent, reaching Rs 967.4 crore. Co-founder & CEO Akash Sinha highlighted achieving EBITDA profitability in March 2026 and outlined plans for full-year profitability in FY27, driven by growth in SMB and cross-border payments.
Steven Spielberg voices concerns about AI's role in filmmaking, advocating for its use as a tool but cautioning against it replacing human creativity.
India's Mayank Chakraborty and Pratitee Bordoloi secured gold medals in the Open and Girls categories, respectively, at the Asian Junior Classical Chess Championship, leading the host nation to a memorable double victory and a total of four medals.
Young table tennis players Syndrela Das and Payas Jain have been inducted into the Sports Ministry's TOPS Development group, while Manika Batra's international event funding request has also been approved, aiming to strengthen India's table tennis presence on the global stage.
Union Home Minister Amit Shah lauded UPI on its 10th anniversary, highlighting its role in India's digital transformation. Launched by NPCI in 2016, UPI has become the world's largest real-time payment system, witnessing a massive surge in transaction volume and value, demonstrating its success in empowering people with swift, seamless, and secure digital transactions.
Indian chess prodigy Divya Deshmukh, an Arjuna Award recipient, is set to make her debut in the Tech Mahindra Global Chess League Season 4 with defending champions Alpine Pipers. She will join a star-studded team including Magnus Carlsen, Anish Giri, and Vidit Gujrathi, expressing excitement for the rapid chess format and playing in front of a home crowd.
Infosys co-founder Nandan Nilekani predicts that large corporations in India will lose jobs due to automation and AI, while millions of small businesses will drive future employment growth. He advocates for deregulation, simplified business interfaces, and digital platforms to support small entrepreneurs and a gig economy workforce.
The Aircraft Accident Investigation Bureau (AAIB) has issued an interim statement on the probe into the Air India AI171 plane crash that killed 260 people last year, confirming that the investigation is ongoing and the final report will be released after all processes are complete.
India has been drawn into Group E of the AFC U-17 Men's Asian Cup Qualifiers, alongside hosts Malaysia, Palestine, Singapore, and Guam. The qualifiers will take place in Malaysia from November 11 to 20, with India aiming for their 11th appearance in the main tournament, scheduled for Uzbekistan in 2027.
Indian chess prodigies Pratitee Bordoloi and Mayank Chakraborty have significantly advanced their positions in the Asian Junior Classical Chess Championship, each securing crucial wins in the penultimate round. They now hold strong leads heading into the final round, poised to claim their respective titles.
Cricket icons Rahul Dravid and Steve Waugh, along with Bollywood actor Abhishek Bachchan, were spotted at the India-Netherlands FIH Hockey World Cup match in Amstelveen. Their presence is linked to the upcoming European T20 Premier League, co-founded by Bachchan, which aims to boost cricket in Europe.
Cricket icons Rahul Dravid and Steve Waugh, along with Bollywood actor Abhishek Bachchan, were spotted at the India-Netherlands FIH Hockey World Cup match in Amstelveen. Their presence is linked to the upcoming European T20 Premier League, co-founded by Bachchan, which aims to boost cricket in Europe.
As NSRCEL enters its next phase, the incubator plans to focus on AI, deep technology and global partnerships as it looks to expand its reach.
India has announced its 23-member squad for the upcoming AFC U20 Asian Cup Qualifiers in Tashkent, with eight players omitted from the initial camp. The team, led by Mahesh Gawali, will compete against Syria, Uzbekistan, and Bangladesh from August 31 to September 6, aiming for qualification to the main tournament in China in 2027.
