HDFC Bank, India's largest private sector lender, reported a reduction of 3,343 employees in FY26, bringing its total workforce to 2,11,178, even as its balance sheet expanded by 12 per cent. The bank's MD and CEO, Sashidhar Jagdishan, attributed the headcount reduction to redeploying talent from back-end functions to customer-facing roles due to technology-led efficiencies. The annual report also addressed the challenging resignation of part-time chairman Atanu Chakraborty, which raised questions about the bank's governance standards.
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The Special Investigation Team (SIT) probing the alleged embezzlement of donations at the Ram temple in Ayodhya is expected to submit its final report to the Uttar Pradesh government shortly, sources said on Thursday.
GM M Pranesh secured a significant victory over world champion D Gukesh, while GM Nihal Sarin defeated Arjun Erigaisi in the penultimate round of the Chennai Grand Masters. These results allowed French GM Alireza Firouzja to take the sole lead in the tournament.
India's government has implemented stringent new regulations under the Telecommunications Act 2023, mandating that all communication infrastructure providers, including those utilising cloud-based networks, must store telecommunication data exclusively within the country, a move expected to significantly impact domestic data centre demand.
After England's 2-1 World Cup quarter-final win over Norway, midfielder Jude Bellingham pushed back against manager Thomas Tuchel's "sloppy" performance assessment, highlighting the team's resilience and the challenging conditions. Despite the friction, Bellingham's two goals were crucial in securing England's semi-final spot, underscoring his vital role in the tournament.
L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.
Activist Sonam Wangchuk is receiving medical intervention at Safdarjung Hospital in New Delhi, where his condition is being closely monitored by a team of experts. He was forcibly taken to the hospital on the 21st day of his indefinite hunger strike, which he began on June 28 to protest alleged irregularities in the NEET examination and demand the Union Education Minister's resignation. Despite stable vital parameters, his blood parameters remain altered due to prolonged fasting, necessitating continuous medical care.
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.
Despite a subdued atmosphere in Glasgow ahead of the Commonwealth Games, with limited public buzz, preparations are underway, and athletes are arriving. Meanwhile, Sri Lankan javelin thrower Rumesh Tharanga, fresh off a Diamond League win, is a strong contender for gold, offering a significant medal hope for his nation.
Chelsea has signed England international Morgan Rogers from Aston Villa for a reported 117 million, making him the most expensive British player. Rogers, who previously helped Villa win the Europa League, expressed excitement about joining Chelsea, a club he has always admired.
Argentina staged a dramatic comeback, scoring two late goals to defeat England 2-1 in the World Cup semi-final, with Lionel Messi orchestrating the turnaround after England had taken the lead.
Nine individuals have been rescued from the debris of a three-storey building that collapsed at a waste management plant in Pimpri Chinchwad, near Pune. The collapse occurred after a large mound of garbage, loosened by heavy rains, crashed onto the structure. Multi-agency rescue operations are ongoing to find remaining trapped victims.
Sheikh Irshad Mansoori, an accounts manager from Gurugram, was severely injured by pellets during a protest in Central Delhi on July 20. He underwent surgery at Lady Hardinge Hospital to remove pellets from his face and neck, sustaining injuries near vital structures. The Delhi Police denied using pellet guns, while other protesters, including a 10-year-old boy, also suffered serious injuries during the demonstrations against alleged exam irregularities.
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The Indian Special Olympics football team secured a bronze medal at the Gothia Cup in Sweden, marking their third consecutive podium finish. Special Olympics Bharat president Malika Nadda praised the team's resilience and determination, while coaches highlighted the challenges of adapting to artificial turf and expressed ambitions for future gold medals.
Nationwide protests against the NEET paper leak have intensified across several Indian states, with demonstrators condemning the Delhi Police crackdown and demanding the resignation of Union Education Minister Dharmendra Pradhan. The Congress party has called for further demonstrations, while various student and political groups have organised marches and sit-ins, some leading to clashes with police.
The change comes at a time when online MF distributors are increasingly moving investors from the SoA mode to demat holdings.
The United Forum of IDBI Officers & Employees has voiced "profound concern" over the Centre's reported decision to proceed with the strategic disinvestment of its controlling stake in IDBI Bank to Fairfax Financial Holdings, urging a parliamentary review of the proposed sale.
Dr Reddy's Laboratories reported a 68.7 per cent year-on-year decline in consolidated net profit to Rs 443.5 crore in Q1 FY27, primarily due to the end of its lenalidomide sales agreement, a Rs 240-crore provision for semaglutide API inventory quality issues, and elevated freight costs.
Andy Flower has ruled himself out of contention for the vacant England Test head coach position, saying he is happy in franchise cricket and intends to remain in his current roles.
Divya Nair shares the recipe for the perfectly-cooked salmon to be served with imperfect-looking mushroom pt and mashed potatoes, cooked with lots of love.
The Securities and Exchange Board of India (Sebi) has introduced a comprehensive new code of conduct for its board members, significantly tightening rules on conflict of interest, disclosures, recusals, and non-permitted investments, moving from broad ethical guidelines to a more prescriptive, compliance-driven regime.
Approximately 27 workers are trapped inside an under-construction tunnel in Sikkim's Namchi district following a landslide and suspected gas leak. Rescue operations are underway, but the presence of gas, believed to be methane, is complicating efforts, causing dizziness among rescue personnel. Teams from NDRF, SDRF, and West Bengal are involved in the challenging operation to save the workers.
US President Donald Trump announced the 'reinstatement' of an 'Iranian Blockade' in the Strait of Hormuz, stating the US would charge a 20 per cent levy on transiting cargo for providing security, while Iran warned against any US interference, reaffirming its authority over the critical waterway.
Young pacer Harshit Rana and veteran spinner Varun Chakravarthy have been ruled out of India's upcoming ODI and T20I assignments due to hamstring injuries. Prince Yadav will replace Rana in the ODI squad for England, while Ravi Bishnoi steps in for Chakravarthy for the T20I series in Zimbabwe.
Italy's technical director Paolo Maldini revealed that the Italian Football Federation (FIGC) first approached Carlo Ancelotti for the national team coaching job before engaging with Pep Guardiola, as they seek to rebuild the Azzurri after failing to qualify for a third consecutive World Cup.
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Former India coach Stephen Constantine shares his views on Lionel Messi, ranking him below Pele, Maradona, and Ronaldinho due to his reliance on teammates for defensive work. He also predicts Spain will win the upcoming final against Argentina, despite acknowledging Argentina's experience and Messi's match-winning ability. Constantine further discusses England's semi-final exit and criticises hydration breaks and refereeing controversies.
A look at what went wrong for India in the England ODI series.
The judgment is India's first to examine AI companies' use of copyrighted works for foundation models, setting an analytical framework for Section 52 of the Copyright Act.
The Supreme Court has directed the deletion of a Kerala High Court order that placed the state Waqf Board under the supervision of a joint secretary, thereby restoring the Board's autonomy. The apex court modified the high court's interim order, allowing the joint secretary to remain a board member but removing any supervisory capacity.
Mercedes driver Kimi Antonelli needs a strong performance at the Belgian Grand Prix to extend his Formula One championship lead, which has shrunk to 25 points over teammate George Russell, as a resurgent Ferrari, with Lewis Hamilton and Charles Leclerc, poses a significant threat.
Maharashtra Chief Minister Devendra Fadnavis announced the state's ambition to become India's leader in quantum technology. The state plans to build a robust ecosystem, align with the National Quantum Mission, and train over 5,000 professionals, recognising AI, semiconductors, and quantum tech as key pillars for future growth and global competitiveness.
Personality rights violations are increasingly being used as vehicles for financial fraud, with unsuspecting consumers misled by fabricated endorsements.
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Wipro Executive Chairman Rishad Premji announced that clients are now integrating Artificial Intelligence (AI) into their core business processes, moving past initial pilot projects. Speaking at the company's AGM, Premji highlighted AI's role in driving innovation, efficiency, and growth, and noted Wipro's internal AI adoption has significantly streamlined operations.
The Supreme Court of India has quashed criminal proceedings against Standard Chartered Bank and one of its officers in a 1991-92 Foreign Exchange Regulation Act (FERA) case, citing an extraordinary 23-year delay in prosecution and the Enforcement Directorate's failure to comply with mandatory procedural safeguards.
England's World Cup journey ended in heartbreak after their decision to sit back defensively against Argentina in the semi-final allowed Lionel Messi to orchestrate a stunning comeback, exposing the perils of premature defensive play, according to manager Thomas Tuchel.
Institutional investments in India's housing market plummeted by 85 per cent to USD 154 million in the first half of 2026, while overall real estate inflows saw a modest 6 per cent increase, driven primarily by domestic investors and strong interest in office and data centre projects.
