Indian benchmark indices Sensex and Nifty saw gains in early trade, driven by a decline in crude oil prices due to easing geopolitical tensions in West Asia and strong buying interest in the IT sector.
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.
India T20 vice-captain Tilak Varma stated that his batting approach is dictated by conditions and match situations, especially after the team's struggles with early wickets in the UK and Ireland. He emphasised the responsibility of playing for the country and adapting to overseas conditions after extensive play in Asia.
The Asian Tour, DP World Tour, and PGA TOUR have announced a significant partnership extending until at least 2029. This alliance aims to enhance commercial and playing opportunities, establish pathways for Asian Tour members, and will see the DP World Tour co-sanctioning events with the Asian Tour again, marking a new era for professional golf globally and a potential setback for LIV Golf.
TVS Motor Company reported a significant 56.8 per cent year-on-year increase in net profit to 1,036 crore in Q1FY27, driven by record sales volumes, an improved product mix, and robust demand in both domestic and international markets, with management anticipating continued double-digit industry growth.
ICICI Bank has successfully raised $1 billion through a five-year senior unsecured US dollar bond, marking its first public dollar bond issuance since 2017 and the largest single-tranche US dollar bond issuance by an Indian issuer so far this year.
The global players' union, FIFPRO, has strongly criticised FIFA President Gianni Infantino, accusing him of 'profound abuse of presidential power' following the secretive development and subsequent shelving of the 'FIFA Forward Enterprise' plan, which aimed to privatise the FIFA World Cup.
The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
Leading African football administrators have publicly expressed their support for FIFA President Gianni Infantino, offering him crucial backing ahead of next March's presidential election, despite his recent decision to abandon a controversial plan to sell a stake in future World Cup revenue.
India's foreign exchange reserves increased by USD 964 million to USD 675.157 billion in the week ending July 10, according to the Reserve Bank of India.
Indian wedding bookings to Sri Lanka are projected to grow 20-25 per cent annually over the next few years.
Carlos Cordeiro, senior advisor to FIFA president Gianni Infantino, has resigned with immediate effect, protesting a proposal to sell a stake in the World Cup, which he labelled 'a bad deal for football'.
Dinesh Trivedi's success or failure in this fragile diplomatic equilibrium will have consequences extending well beyond the Indian high commission in Dhaka. It will shape India's eastern strategic environment for years to come.
The Azadpur Agricultural Produce Marketing Committee (APMC) has introduced an online payment system for gate pass fees, aiming to reduce congestion, enhance transparency, and streamline operations at Asia's largest wholesale fruits and vegetables market. This digital initiative is expected to benefit traders, drivers, and other stakeholders by speeding up vehicle entry and minimising cash transactions.
The Azadpur Agricultural Produce Marketing Committee (APMC) has introduced an online payment system for gate pass fees, aiming to reduce congestion, enhance transparency, and streamline operations at Asia's largest wholesale fruits and vegetables market. This digital initiative is expected to benefit traders, drivers, and other stakeholders by speeding up vehicle entry and minimising cash transactions.
Glimpses of Iran's farewell to Ayatollah Ali Khamenei as mourners gathered in huge numbers for his funeral procession in Tehran.
Two-time Olympic medallist Neeraj Chopra stated he is not 'obsessed' with consistently breaching the 90-metre mark in javelin, emphasising that winning major titles and maintaining consistency in challenging conditions are more important than chasing a specific distance.
Gianni Infantino's bid for a fourth term as FIFA president faces challenges from traditional football powers, but his strategy relies heavily on the support of smaller, emerging nations that benefit significantly from FIFA's development grants.
'I don't see fear becoming a dominant factor for retail investors.'
The Nifty and Sensex outperformed Asian peers in South Korea, Japan, Taiwan and China.
India has condemned an attack on a Cyprus-flagged commercial vessel off the coast of Oman, which resulted in one Indian crew member going missing. The incident occurred amidst escalating hostilities between Iran and the US in West Asia, prompting India to call for immediate de-escalation and an end to targeting commercial shipping in the region.
Indian tennis legend Leander Paes has been appointed Player Ambassador of the Asian Tennis Federation (ATF). In this role, Paes will work to promote tennis across Asia, mentor young players, support grassroots development, and represent the federation at international events, aiming to inspire the next generation of athletes.
An Indian crew member was killed and six other Indian nationals were among eight injured when Iranian cruise missiles struck two UAE tankers, Mombasa and Al Bahiyah, in the Strait of Hormuz, escalating regional tensions and drawing strong condemnation from the UAE.
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 24-member Indian junior men's hockey team, led by new coach Frederic Soyez, has departed for an exposure tour in Belgium from July 7 to 17.
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.
Go once. You will know, even before you board the flight home, that you will return.
Indian batter Rohit Sharma lauded former fielding coach T Dilip for his significant contributions, including two T20 World Cup wins and the Champions Trophy, calling him a 'legend' and a 'workhorse' who 'created magic within the group.' Dilip, who served from 2021 until recently, expressed gratitude for his tenure, especially cherishing the popular fielding medal ceremony.
Indian fast bowler Mohammed Siraj, who recently assumed charge as a Deputy Superintendent of Police in the Telangana Police, paid a courtesy call on Telangana Director General of Police CV Anand.
Asian Football Confederation president Sheikh Salman bin Ebrahim Al-Khalifa has strongly criticised FIFA's plan to sell stakes in the World Cup to private investors, calling the lack of consultation "totally unacceptable". He stated that FIFA's unilateral actions undermine continental football and urged member federations to await further discussions before approving the $20 billion proposal.
Herambh Karmarkar, a 30-year-old marine engineer from Pune, was killed in an attack on a Cyprus-flagged commercial vessel off Oman's coast amidst the West Asia conflict, with his family now awaiting the return of his mortal remains.
Former US President Donald Trump has issued a stern warning to Iran, stating that "nothing will get through" unless a deal or "total surrender" is achieved, amid escalating tensions and conflicting reports on direct negotiations.
'They probably imagine any hue and cry in the event Sheikh Hasina is hanged will be shortlived as it happened when Bhutto was hanged in Pakistan in 1979.'
The harsh truth is that the US is no longer a reliable partner, cautions Ramesh Menon.
External Affairs Minister S Jaishankar spoke with his Portuguese counterpart Paulo Rangel to discuss the West Asia conflict and explore ways to enhance bilateral cooperation.
Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.
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.
Mahindra Group Chairman Anand Mahindra announced the company would adopt an 'attack mode' strategy, accelerating investment, innovation, and execution to capitalise on opportunities arising from prolonged geopolitical and economic uncertainty.
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.
