If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.
The Reserve Bank of India (RBI) net bought $561 million in June, marking its first net purchase since February, following three consecutive months of net sales. This move coincided with a series of government and RBI measures to attract foreign capital, leading to a 0.36 per cent appreciation of the rupee against the dollar.
The International Cricket Council has announced that India will host the inaugural Women's Champions Trophy from February 14 to 28, with matches scheduled in Mumbai and Vadodara. Sri Lanka was originally slated to host but was replaced due to ongoing governance issues in its cricket board. Six top women's teams will compete in this landmark tournament.
Prime Minister Narendra Modi lauded India's 7.8 per cent GDP growth, achieved despite global conflicts and instability. He emphasised the importance of Swadeshi and self-reliance for a developed India by its 100th year of Independence, urging citizens to avoid unnecessary foreign expenditures.
Pakistan's army chief held a series of engagements with Iranian leaders in Tehran as regional diplomacy remained in focus.
Qatar remains committed to hosting November's MotoGP and Formula One races despite regional uncertainty, with Lusail preparations continuing and Formula One set to decide the race's fate.
India is set to field its strongest-ever contingent at the Asia Cup Bridge Championships 2026 in Goa, featuring top international stars and Asian Games medallists. The tournament, organised by the Bridge Federation of India, will host 46 elite teams from Asia and Oceania, highlighting India's growing prominence in intellectual sports.
US President Donald Trump on Friday (local time) said the United States could "hit" Iran's heavily fortified underground nuclear site known as Pickaxe Mountain "very soon", days after Washington targeted Iranian military targets.
A Microsoft Work Trend Index report reveals India has the highest share of "Frontier Professionals" globally, with 32% of its AI users employing AI agents in multi-step workflows, double the global average. Indian professionals are not just adopting AI but are actively redesigning work processes, demonstrating strong leadership alignment and a focus on human oversight and critical thinking. Major Indian IT firms like Infosys, TCS, and Wipro show rapid adoption and significant productivity gains with Microsoft 365 Copilot.
Indian batter Jemimah Rodrigues has been ruled out of The Hundred tournament due to a hamstring injury. This injury puts her participation in the upcoming Women's T20 Asia Cup in doubt, as she has less than three weeks to recover.
The FIDE elections will see three Indians, including chess legend Viswanathan Anand, vying for crucial leadership positions amidst a complex electoral landscape and a high-stakes three-way presidential battle.
'In the current environment, India is effectively paying a premium for supply security and diversification.'
Lieutenant General Apti Alaudinov, deputy chief of the Russian Armed Forces' Main Military-Political Department, has warned that the escalating conflict in West Asia could lead to Israel ceasing to exist as a state, accusing Israel of seeking to widen the confrontation to involve the US and NATO.
Marine war-risk premiums for West Asian shipping routes, particularly the Red Sea corridor, have surged by as much as 200 per cent due to renewed geopolitical tensions, with some high-risk transits seeing increases of over 1,000 per cent, according to industry brokers.
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.
Asian Games double gold medallist Parul Chaudhary and Olympian race-walker Priyanka Goswami are intensely preparing for the upcoming Asian Games in Japan. Chaudhary will compete in three events, including the new 1500m, while Goswami transitions to the marathon race walk, both expressing confidence in their adaptive training and aiming for medals.
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 OCA has asked India and other national Olympic bodies not to seek late additions to their Asian Games contingents as Japan struggles to accommodate more than 15,000 participants.
The Hyderabad AI factory is being designed to run some of the world's largest and most sophisticated AI models, including trillion-parameter models and next-generation agentic AI applications.
Neetal Narang has been appointed as India's first Safeguarding Officer for the upcoming Asian Games, a role mandated by the Olympic Council of Asia.
Higher US Treasury yields, particularly the 10-year yield approaching 5 per cent, pose a significant near-term risk to global equity markets, including India, potentially triggering a 'big correction' according to market strategists.
Mumbai-born Indian youth international Yohaan Benjamin has signed a two-year deal with Portuguese club Guarda FC, marking a significant step in his European football career. This move aligns with Guarda FC's strategy to develop talent from emerging football markets like India. Benjamin, a midfielder, previously played for Shillong Lajong, where he achieved success in the Shillong Premier League.
In many ways, 17th century India occupied a position in the global economy comparable to that of the United States today. Just as millions of people now look towards America because of its economic opportunities, merchants, adventurers and trading companies once looked towards India.
Former Brazil captain Cafu discussed India's upcoming friendly against Brazil, highlighting the learning opportunity despite ranking differences. He also suggested India popularise football among children for growth, commented on Brazil's World Cup drought, and reflected on the evolving role of fullbacks in modern football.
The Indian athletics team for the upcoming Asian Games in Japan has undergone significant changes, with Commonwealth Games medallist Yashvir Singh replacing an injured Neeraj Chopra.
A recently finalised peace deal between the US and Iran, set to be signed on June 19, is expected to significantly benefit India's economy by boosting exports to West Asia, stabilising the rupee, and easing inflationary pressures, according to exporters and experts.
'The valley is around 16 km from the Nepal border, and it took just 8-10 minutes for the ice and rocks to reach the Nepal border. You can imagine how fast it must have travelled!'
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
India's Vivaan Vishal and Turkmenistan's Shohradova Lala won the Open and Girls sections, respectively, at the Asian Junior Rapid Chess Championship in Mumbai. Vivaan secured his title with a strong finish, while Shohradova claimed victory after a tie-break against India's Pratitee Bordoloi. The event now moves to the Classical Championship.
Bangladesh-China and Bangladesh-US relations have evolved from reluctant engagement to increasingly consequential strategic partnerships.
India and China are in what experts call 'a cooperation-versus-competition situation'.
Sony Pictures Networks India (SPNI) has seen its revenue grow by over 9 per cent to 7,064 crore, driven by the strong performance of SonyLIV, Sony SAB, and Sony Entertainment Television (SET), said Gaurav Banerjee, head of SPNI.
American tennis stars Jessica Pegula and Frances Tiafoe acknowledge significant progress in diversity within tennis, citing increased representation across various demographics and global participation, yet both highlight the persistent challenge of affordability and access for aspiring young players.
'It is not economical to operate GSLV-Mk II due to its cost and complexity. Future launches to be managed with LVM3.'
Infosys has confirmed that Lax Gopisetty, chief of its subsidiary Infosys Public Services, is unreachable following devastating floods in Nepal. Gopisetty was visiting the region personally, and Infosys is working with agencies and his family to ensure his safety. The Ministry of External Affairs also reported hundreds of Indians missing or stranded due to the floods, with India offering assistance to Nepal.
India has highlighted 13 key outcomes from the recent Shanghai Cooperation Organisation (SCO) summit, focusing on enhanced cooperation in security, counter-terrorism, and addressing transnational threats. These outcomes include the establishment of a Universal Centre for Countering Challenges and Threats to Security, a strong stance against state-sponsored terrorism, and agreements on narcotics control, climate change, and artificial intelligence, reinforcing India's engagement in the Eurasian region.
India's fertiliser ministry has introduced a new analytical tool and a national-to-retail dashboard to monitor fertiliser dispatches, movement, and inventories in real time, aiming to prevent localised shortages and ensure equitable access for farmers.
Foreign portfolio investors (FPIs) have injected Rs 30,919 crore into Indian equities in August, marking their second consecutive month of net buying. This follows a Rs 20,200 crore investment in July, indicating a potential reversal after four months of significant outflows, driven by improving corporate earnings, resilient economic activity, and a stable rupee.
East Bengal secured a historic 4-1 victory over arch-rivals Mohun Bagan in the Durand Cup final, with Edmund Lalrindika scoring a sensational hat-trick. This triumph marks East Bengal's 17th Durand Cup title, bringing them level with Mohun Bagan's record in Asia's oldest football competition.
