Skoda Auto is strategically navigating the competitive Indian automotive market by prioritising profitable growth, exploring new powertrain options like CNG and a limited diesel return, and gearing up for a locally produced electric SUV, all while expanding its retail footprint.
Electric commercial vehicle manufacturers in India are struggling to meet localisation requirements under the PM eDRIVE scheme, set to begin on Tuesday. The Society of Indian Automobile Manufacturers (Siam) has requested a seven-month extension until April 1, 2027, citing disruptions in the supply of rare earth magnets due to China's export restrictions and geopolitical tensions. The government is yet to decide on the request, which aims to prevent production disruptions and allow time for local supply chain development.
Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.
Arundhati Bhattacharya, Salesforce President and CEO for South Asia, stated that cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in technology. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs and urged Indian businesses to transform using technology, rather than merely digitising. She also highlighted the significant economic potential of AI adoption for India.
A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.
The All India Football Federation's decision to field two separate teams for the inaugural FIFA ASEAN Cup and an international friendly against Brazil has sparked controversy.
Dabur India reported a steady performance in Q1 FY27 with 10.6 per cent year-on-year revenue growth, a 12-quarter high, driven by broad-based gains across India and international businesses. However, volume growth, particularly in beverages due to unseasonal rains, and concerns over monsoon impact on rural demand remain key challenges.
Prime Minister Narendra Modi cautioned against the 'weaponisation' of technology and critical minerals at the BRICS summit, advocating for cooperation to foster shared prosperity. Concurrently, Chinese President Xi Jinping announced plans for an open-source AI ecosystem for BRICS nations, positioning Beijing as a key technology partner amid global AI competition.
'India should hold several high-level chess tournaments that would attract the world's top players so that the country will have a say in the game.'
Prime Minister Narendra Modi, addressing the SCO summit in Bishkek, called for a united front against terrorism and its financing, rejecting double standards. He emphasised resolving conflicts through dialogue and diplomacy, not battlefields. Modi also highlighted that connectivity projects must respect national sovereignty and territorial integrity, a veiled reference to China's Belt and Road Initiative. India's vision for SCO rests on security, connectivity, and opportunity.
Google aims to complete the first phase of its 1 gigawatt artificial intelligence (AI) data centre hub in Visakhapatnam by late 2028, with full operations across all phases expected within five years, according to Alexander Smith, Principal of Global Infrastructure and Energy for Asia Pacific at Google.
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.
"When Royal Enfield turned 100, we were struggling for survival"
'India was the emirate's largest international source market by hotel guest volume.'
The move comes amid growing demand from organisations in India for local access to Claude.
'It requires new skilling, new ways of working, and new structures. That's the reality.'
India beat Pakistan 5-3 in thrilling semi-final to enter U18 Men''s Asia Cup final
Microsoft has launched its fourth cloud region in India, located in Hyderabad, significantly expanding its hyperscale cloud presence. This move is part of a USD 20.5-billion investment in India's digital and AI infrastructure, aiming to support the country's rapid digital growth and meet increasing demand from major enterprises.
Ayush Shetty, Unnati Hooda, Simran Singhi, and Kavipriya Selvam are set to make their BWF World Championships debut as India hosts the prestigious badminton event after 17 years, offering a significant platform for these rising stars.
'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'
India will face South Korea in the Davis Cup Qualifiers Round 2 on September 18-19 in Seoul. South Korea, ranked 16th, chose hard courts for the tie, a surface they traditionally prefer. India, ranked 19th, secured their spot with a dramatic win over the Netherlands, while Korea upset Argentina. The winner of this tie will advance to the Davis Cup Final 8 in November.
Indian kabaddi player Brijendra Singh Choudhary has been stripped of his silver medal from the Asian Beach Games after testing positive for a prohibited diuretic. The International Testing Agency (ITA) confirmed the anti-doping rule violation, which Choudhary has accepted.
Iranian Deputy Foreign Minister Kazem Gharibabadi has urged India to take the lead in bringing peace to West Asia, highlighting the UAE's role in stalling BRICS consensus on the conflict. Gharibabadi also discussed a new framework with Oman for merchant vessels passing through the Strait of Hormuz.
The government on Thursday restored liquefied petroleum gas (LPG) supplies to commercial consumers such as hotels, restaurants and other businesses to pre-crisis levels, and lifted sector-specific restrictions imposed during the recent West Asia conflict, in a sign that energy supply concerns are easing as global markets stabilise.
The Centre has spent 28 per cent of its FY27 capital expenditure budget of Rs 12.21 trillion in the first three months against around 24.5 per cent during the corresponding period a year ago.
Former India hockey captain Viren Rasquinha has publicly questioned Hockey India's decision to switch the national team's jersey colour to orange, arguing that the team's identity and legacy have always been associated with blue.
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 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.
Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.
West Bengal Chief Minister Suvendu Adhikari has assured the All India Football Federation of full government support to host India's biggest-ever international football fixture against five-time World Cup champions Brazil in Kolkata on October 3. This historic match will be India's first against a top-five FIFA-ranked nation, offering crucial exposure to the national team despite initial concerns over crowd management.
Having registered a ninth-place finish in the 2023 edition held at Bhubaneswar, India will be aiming to bring the gold home, riding on the back of the momentum of two back-to-back Olympic bronze medals, an Asia Cup title win, two Asian Champions Trophy wins and an Asia Cup gold.
India skipper Shubman Gill has shed light on the team's meticulous approach to player fitness, explaining that while constant monitoring is in place, risk-avoiding decisions are sometimes necessary, especially in the demanding format of Test cricket, to protect both the player and the team's long-term interests.
China sailed through the crisis in the Strait of Hormuz relatively unscathed even as the impact of its steps shielded other consuming nations from having to pay high crude oil prices.
India's foreign exchange reserves saw a significant increase of $10.512 billion, reaching $692.866 billion for the week ending July 31, driven by a rise in foreign currency assets and gold reserves.
Scottish striker Lee Harry Erwin has signed a one-year contract with Indian football club Mohun Bagan, bringing his experience from European and Asian clubs to bolster the team's attacking options.
Indian badminton stars Lakshya Sen, Satwiksairaj Rankireddy, Chirag Shetty, and Ayush Shetty are preparing for the BWF World Championships in New Delhi. Sen, a former bronze medallist, aims for a deep run despite an inconsistent year, while the doubles pair focuses on adapting to court conditions. Rising star Ayush Shetty faces a tough opening challenge against world No. 1 Shi Yuqi, with all players expressing excitement about playing in front of a home crowd and noting improved venue conditions.
Microsoft has announced the activation of its latest data centre in Hyderabad, significantly expanding its Cloud infrastructure in India and enabling organisations to leverage AI-era services with enhanced local choice and security.
India and China held diplomatic talks to review the situation along the Line of Actual Control (LAC), discussing boundary delimitation, border management, and trans-border cooperation. Both nations stressed the importance of maintaining peace and tranquillity for bilateral relations and agreed to continue using existing channels to resolve outstanding issues.
India's private sector activity slowed to a four-year low in July, with the HSBC Flash Purchasing Managers' Index (PMI) falling to 54.3, driven by weakened sales and output amidst renewed tensions in West Asia and rising inflationary pressures.
