ArcelorMittal reported a significant 62 per cent year-on-year decline in its net income, reaching USD 683 million in the June 2026 quarter, despite a quarter-on-quarter increase in sales and improved performance from its Indian joint venture, AMNS India.
Tata Consumer Products reported healthy revenue growth in Q1 FY27, driven by its India branded business and accelerating momentum in newer segments, which are now expected to sustain double-digit sales growth and improve profitability.
Mahindra & Mahindra (M&M) Ltd reported a significant 34 per cent year-on-year increase in Profit After Tax (PAT) to Rs 5,455 crore for the June quarter, driven by strong performance in its Auto and Farm segments despite challenging macro-economic conditions.
US Vice-President J D Vance's unexpected phone call to Prime Minister Narendra Modi on August 8 has ignited speculation about a potential diplomatic overture, possibly seeking India's support amidst the escalating US-Iran conflict and a shifting global power landscape, suggests Ambassador M K Bhadrakumar.
Sebi Chairman Tuhin Kanta Pandey has defended the newly rolled out Closing Auction System (CAS), stating that it is a transparent mechanism and that the industry needs time to understand the change. He acknowledged initial turbulence and concerns from fund houses but noted an increase in mutual fund participation.
Bharti Airtel's first-quarter (April-June/Q1) performance for 2026-27 (FY27) surpassed estimates across most metrics, fuelled by robust growth in both its India and Africa operations, with significant increases in average revenue per user (Arpu) and subscriber additions.
Cognizant reported a 1.4 per cent year-on-year dip in net profit for the April-June quarter to $636 million, while revenue grew 4.5 per cent to $5.5 billion. The company has also cut the top end of its annual guidance, citing a slowdown in macroeconomic conditions and rising uncertainty.
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.
Descendants of a Madhya Pradesh businessman are seeking repayment from the UK government for a Rs 35,000 loan made during World War I. The UK Debt Management Office has responded, asking for further documentation to examine the claim, which the family estimates to be worth crores today with interest.
Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.
Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.
Former Pakistan Test spinner and chief selector Iqbal Qasim has criticised the current generation of Pakistani cricketers for prioritising financial gain, particularly through leagues like the PSL, over dedicated skill development and game awareness, attributing this to a lack of vision among selectors and a general disinterest among young players.
The Kerala high court has set aside the Centre's decision not to renew the FCRA certificate of two NGOs, accused by central agencies of funding agitations against the Vizhinjam sea port, saying that financial support to a protest cannot be seen as diversion of foreign funds.
Legal experts are divided on whether an FIR can be lodged against former Allahabad High Court judge Justice Yashwant Varma, who resigned after a Lok Sabha-appointed panel found him guilty of charges related to unexplained cash found at his residence.
A delayed ITR could prompt greater scrutiny, document requests or processing delays.
Joe Root will captain England on a permanent basis for the first time since 2022 in the upcoming three-match Test series against Pakistan, with Jordan Cox taking the number three spot due to Jacob Bethell's injury and Dan Lawrence earning a recall.
The Supreme Court on Monday asked an apex court-appointed committee to verify claims that around 24,000 families affected by the 2023 Manipur ethnic violence are yet to receive benefits under government rehabilitation and welfare schemes.
The Cockroach Janta Party (CJP) founder Abhijeet Dipke has launched an online petition urging Prime Minister Narendra Modi to address India's youth on critical issues like education, unemployment, and the rising cost of living during his Independence Day speech. This initiative follows CJP's successful 36-day agitation against NEET irregularities, which led to the resignation of the Union Education Minister. The CJP is now broadening its campaign with a nationwide "Kya Bolti Public" tour to gather youth views for a comprehensive Youth Reform Charter.
'I was like I can't afford it. I cannot survive in Mumbai, so I will go back to the mountains.' 'But by God's grace, at that very moment, I got Adarsh Baal Vidyalaya, and Mumbai stopped me from leaving.'
Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.
Rajya Sabha proceedings were adjourned following an uproar over an alleged derogatory 'lungiwala' remark made by BJP MP Sushmita Dev against CPI(M)'s John Brittas, who had moved a privilege motion. Dev denied the accusation, stating she had not cast aspersions on any state's attire.
A woman in Barabanki, Uttar Pradesh, allegedly died after being tied to a pillar for 10 days as part of "faith healing" rituals for her mental illness. Her husband, a self-styled godman, and an associate have been arrested following a complaint from her father.
The Tamil Nadu Assembly has adopted a resolution, moved by Chief Minister C Joseph Vijay, urging the Union government to permanently fix the Lok Sabha strength at 543 and implement 33 per cent women's reservation by 2029. The resolution also opposes delimitation that could disadvantage states successful in population control.
Verify a content creator's Sebi registration, qualifications and certifications before acting on their advice.
Metals and mining conglomerate Vedanta aims to achieve $10 billion in group Ebitda by FY27, a significant increase from $6 billion in FY26, and plans to reduce its overall debt by more than 20,000 crore during the same period, according to CFO Ajay Goel.
The Maharashtra government has banned 114 items of literature from terrorist organisations like Islamic State and Al Qaeda, citing their role in glorifying extremism, promoting radicalisation, and threatening India's sovereignty and public order. The ban, issued via a gazette notification, follows intelligence inputs and ATS investigations into the circulation of such propaganda material.
The Supreme Court, hearing pleas on the Shiv Sena split, observed that a political party retains control over its legislature wing and its valid decisions must prevail, but also advocated for granting 'elbow room' to elected representatives for political decisions if a majority 'genuinely disagree' with party directions.
The Allahabad High Court has temporarily restrained an Arya Samaj temple in Lucknow from solemnising marriages or issuing certificates, citing serious concerns over its alleged failure to verify the legal age of couples. The court's order came during a hearing of a protection petition, where it was revealed that a petitioner's age was misrepresented in the marriage certificate despite Aadhaar card evidence. The court emphasised legal liability for those involved in underage marriages and questioned the temple's adherence to foundational values.
A Juvenile Justice Board in Bareilly has found a minor girl guilty of murdering her five-year-old brother. The boy was allegedly killed after he caught his sister in a compromising position with a man and threatened to tell their mother. The girl's alleged lover has already been sentenced to life imprisonment in connection with the same case. The board will issue a separate order on the quantum of punishment for the juvenile.
The Jawaharlal Nehru University Students' Union (JNUSU) successfully protested an event featuring an ISKCON representative at the university's central library, leading to its cancellation. The JNUSU cited university rules prohibiting religious organisations from holding events on campus, a concern they had previously raised regarding ISKCON's activities.
The pilot-in-command of an Air India Phuket-Delhi flight that experienced a sudden 300-foot altitude drop last week has tested positive for a psychoactive substance, identified by sources as marijuana, in a confirmatory test. This development comes as Civil Aviation Minister K Rammohan Naidu met with Air India executives to discuss the serious incident, which left 24 people injured.
Two-time Olympic medallist PV Sindhu has been seeded ninth in women's singles, while the men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty received the fifth seeding for the upcoming BWF World Championships. India has seeded entries in four out of five categories, including Lakshya Sen and the mixed doubles pair of Dhruv Kapila and Tanisha Crasto. The draw for the championships, set to be held in New Delhi from August 17-23, will take place on Wednesday.
'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
The Maharashtra government has approved the deployment of sovereign artificial intelligence solutions from Sarvam AI for its departments, with a two-year outlay of Rs 11.26 crore. This initiative includes the Indus AI workspace for 2,500 users, ensuring government data remains within India, along with citizen outreach agents and speech models for the MahaAI platform.
Australia's head coach Andrew McDonald discusses how the Indian Premier League (IPL) can be integrated into the national team's demanding international schedule, emphasising the need for workload management, especially for fast bowlers. He highlights the IPL's benefits for player development while acknowledging the challenges of a packed calendar including major Test series and ICC events.
Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan
Lodha Developers plans to generate approximately 10,000 crore in sales over the next three to four years by monetising about 150 acres of land at its data centre park in Palava, part of the Mumbai metropolitan region (MMR). This strategy is a planned recurring pillar of their business, funding the build-out of 1 gigawatt of powered shell capacity and aiming for over 2,000 crore in annual rental income by FY32.
Experienced wicketkeeper-batter Litton Das has been appointed as the new One Day International captain for Bangladesh, succeeding Mehidy Hasan Miraz. This move comes as the team begins its preparations and build-up for the 2027 Cricket World Cup.
Gangster Chota Rajan has been sentenced to seven years' imprisonment by a special CBI court in Chennai for obtaining a passport using forged documents. The conviction follows a 22-year legal battle, with Rajan having assumed the identity of Vijaya Kadam.
Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.
