FIFA's proposal to create a $20 billion subsidiary for the World Cup, offering up to 20% stakes to external investors, aims to democratise global football finance but has been condemned by UEFA as selling the game's "soul."
Since the outbreak of conflict in the Middle East, 16 Indian nationals, including 10 seafarers, have lost their lives, and 75 have been injured. Separately, 30 Indian nationals were among 52 individuals arrested and deported by US Border Patrol during 'Operation Checkmate' for allegedly being in the United States illegally.
Prime Minister Narendra Modi and US Secretary of State Marco Rubio discussed various aspects of India-US bilateral ties, focusing on defence, trade, energy, and technology. Rubio extended an invitation from President Donald Trump for PM Modi to visit the US.
Thousands of mourners and international delegates gathered as Iran paid its final respects to its late supreme leader Ayatollah Ali Khamenei, who was killed in an Israeli strike on February 28, in Tehran.
Manipal Health Enterprises is set to launch India's largest healthcare initial public offering (IPO) on July 29, aiming to raise Rs 9,275.22 crore to fund expansion and debt reduction, with the issue closing on July 31.
'Travellers are considering safer and more stable destinations.'
A 24-member Indian fencing contingent, comprising 12 men and 12 women athletes, is set to compete in the Senior World Fencing Championships in Hong Kong. The team will participate across Epee, Foil, and Sabre disciplines in both individual and team formats, aiming to make a mark on the global stage.
'Periods of heightened volatility, driven by global events such as tariffs and geopolitical tensions over the past year-and-a-half, can make some investors pause or discontinue their investments.'
Indian benchmark indices Sensex and Nifty surged in early trade, with the Sensex jumping nearly 700 points, primarily driven by strong buying in IT stocks following TCS's positive June-quarter results and optimistic demand outlook. Track Sensex, Nifty on July 10, 2026.
Prime Minister Narendra Modi held a telephonic conversation with Iranian President Masoud Pezeshkian, discussing recent developments in West Asia and reiterating India's emphasis on the importance of freedom of navigation in the Strait of Hormuz. Modi welcomed the recent peace understanding between the US and Iran, stressing dialogue and diplomacy for regional stability. India will also send representatives to the burial ceremonies of Iran's late Supreme Leader.
India's finance ministry anticipates inflation will remain relatively contained in the coming months, supported by a correction in crude oil prices and softening input costs following the cessation of the West Asia conflict, despite earlier spikes in wholesale and retail inflation.
India's VALORANT esports team has successfully qualified for the Esports Nations Cup (ENC) 2026 main event in Riyadh, emerging as one of two teams from the Asia regional qualifiers. The team, led by Sagnik Roy, overcame tough competition, including a crucial victory against Hong Kong, to secure their spot in the global tournament featuring a USD 1.5 million prize pool.
'A man is willing to give up his life. Bachhe bhook hartal pe hain.'
India's passenger vehicle industry is poised for a record-breaking year in 2026, propelled by robust dispatches in the first half of the calendar year and strong demand for utility vehicles, despite facing several economic challenges.
A 24-member Indian Junior women's hockey team has travelled to the United Kingdom for an exposure tour, playing matches against junior teams from England, Scotland, the United States, and Belgium, as well as the Scotland senior women's team, to prepare for upcoming international tournaments like the Junior Asia Cup.
Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.
Indian badminton players Lakshya Sen, Ayush Shetty, and Unnati Hooda were eliminated from the Japan Open Super 750 tournament on Wednesday.
External Affairs Minister S Jaishankar has affirmed India's commitment to ensuring issues like a free, open, and rule-based maritime order, seafarer safety, and countering terror financing receive due attention at the UN Security Council during its 2028-29 term.
Domestic air traffic in India experienced a nearly 12 per cent decline in June, falling to 1.35 crore passengers from 1.53 crore in May, with IndiGo increasing its market share to 66.3 per cent.
Indian boxing icon Vijender Singh is planning to establish a boxing academy in his ancestral village of Kaluwas, Bhiwani, and has sought financial assistance from the Sports Ministry.
India's pharmaceutical industry is experiencing increased bulk drug prices, particularly for APIs from China, following the escalation of the West Asia crisis in March. While current inventories provide a temporary buffer, concerns are mounting over the availability of key solvents and feedstocks, potentially leading to manufacturing disruptions and shortages in specific drug categories.
The Oval in London has been confirmed as the venue for the 2027 ICC World Test Championship Final, scheduled from June 9-13. This marks the second time The Oval will host the final, having previously done so in 2023. Nine teams are currently competing in the ongoing WTC cycle, with Australia leading the standings, followed by South Africa and New Zealand, as the race intensifies with crucial upcoming series.
Pakistan and Qatar have successfully mediated separate meetings between US and Iranian negotiators in Doha, reporting positive progress on a Memorandum of Understanding aimed at West Asian peace. Further discussions are planned after the funeral of former Iranian Supreme Leader Ayatollah Ali Khamenei.
External Affairs Minister S Jaishankar met his Chinese counterpart Wang Yi in Manila, reiterating that peace and tranquillity in border areas are prerequisites for normal India-China relations. He stressed the importance of mutual respect, interest, and sensitivity, while also raising concerns about market access, trade imbalance, and supply chain uncertainties.
Indian wrestler Jaspreet Kaur has been sanctioned by the International Testing Agency (ITA) after testing positive for prohibited stimulants, octodrine and heptaminol, during the Asian Beach Games. She accepted the anti-doping rule violation, leading to disqualification of her results, with further sanctions from United World Wrestling possible.
Popular monsoon destinations include Kerala, Goa, Wayanad, Munnar, Mussoorie, Nainital, Bali, Thailand and the Maldives.
Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.
The International Cricket Council has announced significant format changes for the 2027 ODI World Cup and the 2028 T20 World Cup, aiming to increase competitiveness and consequence in both tournaments. The 2027 ODI World Cup will feature a Super Series and Super 7 stage, while the 2028 T20 World Cup will introduce a Super 10 stage after the group phase.
Andhra Pradesh Health Minister Satya Kumar Yadav announced the detection of the Omicron RF.5 variant in four COVID-19 samples from Kadapa district, confirmed by genome sequencing in Pune. While the variant is being monitored by WHO and health officials, there is currently no indication it is more dangerous than other Omicron strains, and public vigilance is advised over panic.
Despite not winning a medal at the recently-concluded Asian Senior Fencing Championships, India's men's foil team secured direct qualification for the upcoming Asian Games, marking a significant step forward for the sport in the country. The event, hosted in India for the first time, provided valuable experience and highlighted the growing competitiveness of Indian fencers against top Asian nations.
Iran's Supreme Leader Mojtaba Khamenei will not attend his father, former Supreme Leader Ali Khamenei's, funeral due to security concerns stemming from Israeli threats. This decision follows a sharp warning from Iran's Foreign Minister to the United States, urging it to control Israel after its Defence Minister reportedly marked Khamenei for death. The incident highlights escalating tensions and ongoing diplomatic efforts to de-escalate hostilities in West Asia.
Uncertainties stemming from the West Asia crisis and its potential impact on inflation and economic growth were key factors in the Reserve Bank of India's Monetary Policy Committee (MPC) decision to maintain the status quo on interest rates, according to the recently released MPC meeting minutes.
The United States has launched a fresh wave of airstrikes against Iran's Islamic Revolutionary Guard Corps (IRGC) in response to a deadly attack in Jordan that claimed the lives of two American service members, aiming to curb Tehran's maritime threats.
President Droupadi Murmu unveiled the Durand Cup 2026 trophy, marking the start of preparations for Asia's oldest football tournament. She highlighted the tournament's role in nurturing talent, promoting sportsmanship, and connecting people, while also drawing parallels to India's vision of becoming a developed nation.
Rockwell Automation's CEO Blake Moret highlights India as the centrepiece of the company's Asian growth strategy, detailing its four-decade presence, significant employee base, and support for the 'Make in India' initiative. The company sees major opportunities in pharmaceuticals, automotive, food and beverage, and consumer products, with AI playing a crucial role in simplifying industrial automation and boosting productivity for Indian manufacturers, including MSMEs.
Indian quarter-miler Vishal TK, fresh from a historic season where he became the first Indian man to break the 45-second barrier in the 400m, is set to make his Commonwealth Games debut in Glasgow. The 22-year-old, a four-time national champion and a key member of India's relay teams, is confident of delivering a breakthrough performance, crediting his rigorous training at Inspire Institute of Sports and the support system for his preparation. He aims to continue raising the bar for Indian athletics on the global stage.
Despite international crude oil prices falling to a four-month low, retail petrol and diesel prices in India are unlikely to be cut immediately because state-run refiners are still processing costlier crude purchased during the peak of the West Asia crisis, Oil Minister Hardeep Singh Puri said.
Nayara Energy, India's largest private fuel retailer, has reduced petrol prices by Rs 5 per litre and diesel by Rs 3 per litre nationwide, marking the first such cut in over two years. This reduction follows easing tensions in West Asia and stabilised international crude oil prices, though public sector retailers have not yet followed suit.
Bajaj Auto, the sole player in India's CNG-powered motorcycle segment, has seen a dramatic drop in registrations for its Freedom 125 CNG bike, from a peak of 12,167 in November 2024 to just 1,211 in May this year, primarily due to reduced price arbitrage between petrol and CNG and growing availability challenges.
Indian batter Tilak Varma has defended his batting approach during the recent tours of Ireland and England, stating that his strike rate was dictated by match situations and team requirements rather than personal preference. He emphasised his commitment to adapting his game, whether it means aggressive hitting or anchoring the innings, based on the team's needs, especially when wickets were falling frequently.
