Indian benchmark indices Sensex and Nifty extended their losses for the fourth consecutive session, with the Sensex declining 363.66 points and the Nifty dipping 126.65 points, primarily due to a sharp jump in Brent crude oil prices to USD 98.32 per barrel amid escalating tensions in West Asia.
The Asian Games, a major multi-sport event, has a long history of controversies extending beyond the sporting arena. From diplomatic disputes and selection rows to doping scandals and disputed decisions, these incidents have often highlighted the intersection of politics, national interests, and sports.
Leading appliance and consumer electronics manufacturers are set to increase prices of air conditioners, LED TVs, washing machines, and other products by 5 to 8 per cent from October 1, citing rising input costs for metals like copper and steel, crude derivatives, and currency exchange volatility due to the West Asia crisis.
Volkswagen, a long-standing but minor player in India's fiercely competitive automotive sector, is now exploring a strategic partnership with the JSW group, aiming to revitalise its market presence, enhance profitability, and potentially establish India as a key export hub for electric vehicles.
Quimcy Dsouza has taken an unusual route to the Asian Games, moving from athletics and football to becoming one of India's leading Teqball players.
Two-time Olympic medallist P V Sindhu and young shuttler Ayush Shetty notched up straight-game wins to progress to the singles pre-quarterfinals.
Indian vice-captain Smriti Mandhana has surpassed Mithali Raj to become the highest run-scorer in women's international cricket across all formats, achieving this milestone with a sensational 124-run innings against Hong Kong in the Women's Asia Cup 2026. Mithali Raj congratulated Mandhana on her achievement.
Hyundai Motor India is set to outpace the broader passenger vehicle market, projecting an 8-10 per cent domestic sales growth in H2FY27, fueled by strategic launches of a new mid-size SUV and a dedicated electric vehicle, alongside increased production capacity.
The Olympic Council of Asia (OCA) has implemented a stringent Safeguarding Code of Conduct for athletes and officials participating in the Asian Games in Aichi-Nagoya, Japan. The code prohibits inappropriate relationships, degrading language, and harassment, with violations leading to severe penalties including suspension. It also addresses social media use and places special emphasis on protecting minor athletes.
A Kishore Kumar song, a birthday cake, a prince's break from protocol to thank his driver, a Persian painting on the ceiling of the presidential residence -- the BRICS Summit had many memorable moments.
Joga Purty and Deepu Mallesh, India's speed climbing representatives, are set to make their Asian Games debut. The athletes, who discovered the sport through different paths, discuss their journeys, the challenges of pursuing a niche sport, and their excitement for the upcoming competition, where India aims for its first climbing medal. They also highlight the need for better support and exposure for the sport in India.
Iranian President Masoud Pezeshkian declared that Iran will not succumb to "bullying" from the US and Israel, vowing to protect national interests amidst escalating West Asian hostilities. During his visit to New Delhi for the BRICS summit, Pezeshkian also discussed strengthening bilateral ties with Prime Minister Narendra Modi and advocated for local currencies in BRICS trade, positioning Iran as a strategic energy and transport partner.
The Indian contingent for the upcoming Asian Games in Aichi-Nagoya will undergo orientation sessions focusing on empathy and mutual respect. For the first time, a Safeguarding Officer will accompany the 768-strong team to provide support, counsel distressed athletes, and enforce a code of conduct, ensuring a safe and conducive environment for performance. The officer's role, mandated by the Olympic Council of Asia, includes confidential reporting and potential accreditation suspension for serious violations.
The Indian men's badminton team secured a bronze medal at the Asian Games after a 1-3 defeat to China in the semifinals. Despite a strong performance from Satwiksairaj Rankireddy and Chirag Shetty, who won their doubles match, singles players Lakshya Sen and Ayush Shetty were unable to overcome their higher-ranked Chinese opponents. This marks India's first back-to-back Asian Games team medals in 40 years.
The Telecom Regulatory Authority of India (Trai) has mandated that service providers offer voice-and-SMS-only tariff plans, without bundled data, with a minimum validity of 30 days or less, aiming to provide more affordable and shorter-duration options for consumers who do not require data.
The BRICS summit in New Delhi brings together leaders from major emerging economies to address global challenges like trade disputes, geopolitical upheavals, and the economic impact of conflicts in Ukraine and West Asia. India, as chair, aims to position BRICS as an economic growth engine, focusing on the Global South's food, energy, and supply chain security. The summit also highlights the grouping's expansion and its growing influence in global governance.
Indian stock markets, including the Sensex and Nifty, experienced a significant tumble in early trade, driven by escalating tensions in West Asia that pushed crude oil prices close to the USD 100-per-barrel mark, alongside selling in IT stocks and fresh foreign fund outflows.
An art display at the Asian Games Main Media Centre in Nagoya features drawings by artists from across the subcontinent, offering a unique perspective on the Games. The collection includes tributes to athletes like Neeraj Chopra and calls for cricket's global expansion, all while incorporating the mascot Honohon. It highlights the emotion and colour of sport beyond competition.
India's Under-18 boys and girls hockey teams, mentored by Sardar Singh and Rani Rampal, are set to compete in the Asia Cup in Kakamigahara, Japan, after intensive training and exposure matches.
Thailand's Puripol Boonson made history by winning the 200 metres gold, completing an Asian Games sprint double and matching the Asian record, while China's 18-year-old javelin sensation Yan Ziyi defeated an Olympic champion for her first gold.
BRICS nations have successfully reached a consensus on a joint statement following extensive negotiations, with India playing a crucial role in bridging differences, particularly among West Asian members like Iran, Saudi Arabia, and the UAE, despite regional conflicts and geopolitical tensions.
Indian squash veteran Joshna Chinappa, at 40, continues to defy age, securing her sixth Asian Games medal in her record seventh appearance. She attributes her remarkable longevity to rigorous training, meditation, and a dedicated support team, while also expressing her desire for an elusive Asian Games gold and her hopes for Indian squash at the 2028 Olympics.
Indian Olympic Association president P T Usha has voiced strong objections to the Aichi-Nagoya Asian Games organisers' decision to forgo a conventional Athletes Village, opting instead for dispersed accommodation including a cruise ship. Usha, a former Asian Games athlete, highlighted the importance of a centralised village for athlete interaction and expressed concerns about logistical challenges and venue distances. She believes the traditional village system will endure despite this experiment and shared her excitement for India's performance and future hosting ambitions.
IndiGo, India's largest airline, reported a net loss of Rs 238 crore for the June quarter, primarily attributed to a significant surge in fuel prices and operational constraints stemming from the West Asia conflict.
India is hosting the BRICS summit, leveraging the platform to address global trade tensions and champion the developmental priorities of the Global South, including food, energy, and supply chain security. The summit, attended by leaders like President Xi Jinping and Vladimir Putin, will focus on resilience, innovation, cooperation, and sustainability, with India aiming to strengthen intra-BRICS collaboration and discuss global matters. The expanded BRICS grouping represents a significant portion of the world's population and GDP, making its discussions crucial for global economic stability.
'It is a blunt and dangerous attempt to pressure India to sign BTA on one-sided terms.'
Indian Hotels Company (IHCL) reported a 20.8 per cent year-on-year rise in net profit for Q1 FY27, reaching 357.9 crore, despite macroeconomic headwinds like geopolitical tensions in West Asia impacting international travel and airline catering business.
'This rise in foreign exchange reserves was expected given the amount of FCNR(B) flow.'
India's women's cricket team secured a commanding 94-run victory over Thailand in their Women's T20 Asia Cup opener. Despite a batting collapse after a strong start by Shafali Verma, India posted 159-9, then bowled out Thailand for just 65, with Deepti Sharma delivering a record-breaking spell. Captain Harmanpreet Kaur acknowledged the win but cautioned against complacency.
The Indian senior women's rugby sevens team is undergoing a national camp in Kolkata to prepare for the upcoming Asian Games in Nagoya. Coach Terence Joseph and Captain Shikha Yadav emphasise execution, consistency, and building on recent form against strong Pool B opponents like China and Hong Kong China.
Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
The Indian men's badminton team secured a medal at the Asian Games by defeating Japan 3-0 in the quarterfinals, highlighted by Lakshya Sen's incredible comeback victory. While the men celebrated, the women's team exited the tournament after a 1-3 loss to Japan.
Indian benchmark indices, Sensex and Nifty, extended their losses for a second consecutive day, primarily due to HDFC Bank's disappointing quarterly earnings and escalating tensions in West Asia, coupled with persistent foreign fund outflows.
Maruti Suzuki India (MSIL) reported a 9.1 per cent year-on-year decline in net profit for the April-June quarter of 2026-27, marking its second consecutive quarterly fall. This dip occurred despite a significant 29.3 per cent jump in sales volume, primarily due to escalating commodity prices, increased energy costs, and logistics disruptions stemming from the West Asia conflict.
India's athletics campaign at the Asian Games is set to begin, with star shot putter Tajinderpal Singh Toor aiming for a historic third consecutive gold. Long jumper Murali Sreeshankar and long-distance runner Gulveer Singh are also looking to upgrade their previous medals. Despite Neeraj Chopra's absence, the 75-member Indian team targets 25-30 medals across various events, including steeplechase, javelin, and high jump, facing strong competition from other Asian athletes.
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.
Mirabai Chanu secured a silver medal in the women's 49kg weightlifting category at the Asian Games in Nagoya, ending her 12-year pursuit for this elusive honour. This marks India's first Asian Games weightlifting medal since 1998. Chanu expressed immense relief and joy, calling it a dream fulfilled and her life complete. She also discussed her future plans regarding the 2028 Olympics' 53kg category.
India has condemned an attack on a Panama-flagged oil tanker off the coast of Oman, which resulted in one Indian seafarer going missing and 13 others being rescued. The Ministry of External Affairs is closely monitoring the situation and coordinating with Omani authorities for search and rescue operations, while also reiterating calls for de-escalation and safe navigation in the region.
The Asian Games in Nagoya, Japan, are set to feature top athletes across various disciplines. This preview highlights key contenders like swimmers Pan Zhanle, javelin throwers Haruka Kitaguchi and Arshad Nadeem, badminton star An Se-young, gymnastic sensation Carlos Yulo, tennis prodigy Alexandra Eala, and the formidable Indian cricket teams, all poised to make a significant impact.
Even if there is an early agreement on a cessation of hostilities in West Asia, the price shock will not go away easily, points out A K Bhattacharya.
