Pakistan summoned US Charge d'Affaires Natalie Baker to lodge a "strong demarche" following remarks by US Ambassador to India Sergio Gor, who stated that Jammu and Kashmir is an important part of India. Pakistan's Foreign Office condemned Gor's characterisation, asserting that Jammu and Kashmir is an internationally recognised disputed territory and that the US ambassador's statement contradicted the US's long-standing position and commitment to international law.
India is set to host five-time world champions Brazil in a historic invitational football friendly in Kolkata. The match, while offering invaluable exposure for the Indian team, has also drawn criticism over its cost and the decision to withdraw from the FIFA ASEAN Cup. The event carries political significance and marks a key step in Brazil's rebuilding process.
Five-time world champions Brazil are set to play India in an invitational friendly at Kolkata's Salt Lake Stadium, marking their first-ever international meeting. The match, while a spectacle for Indian fans, has drawn criticism regarding its cost and impact on Indian football development, with former captain Bhaichung Bhutia questioning its value over long-term investment. For Brazil, it's part of a rebuilding process, while India aims to gain invaluable experience against a top-tier team.
'In fact, when monetary policy has been deployed, it does not distinguish between types of shocks. It goes straight for the kill.'
Chinese President Xi Jinping's arrival in Washington marks a pivotal moment for global diplomacy, as he advocates for a "partners, not rivals" approach to US-China relations amidst high-stakes discussions on trade, technology, and international stability.
India's foreign exchange reserves have surged by a record USD 44.903 billion to a new lifetime high of USD 785.706 billion for the week ended September 4, driven by the Reserve Bank of India's concessional forex swap initiatives.
The Indian rupee experienced its sharpest single-day decline in eight weeks, settling at 94.83 per dollar, primarily due to escalating crude oil prices and persistent risk-off sentiment driven by heightened geopolitical tensions and limited foreign inflows.
After a significant 9.9% depreciation in FY26, the Indian rupee has shown comparative stability in the first half of FY27, depreciating by only 1.1%, attributed to regulatory interventions and measures to attract foreign capital, despite ongoing global pressures from rising crude oil prices and foreign investor outflows.
India and five Central Asian countries on Thursday decided to establish a joint working group on Afghanistan at the senior officials' level, ministry of external affairs secretary (West) Reenat Sandhu said.
The FBI has placed gangster Satinderjeet Singh, known as Goldy Brar, on its Ten Most Wanted Fugitives list, offering a USD 1 million reward for his alleged involvement in the Lawrence Bishnoi Organized Crime Group's violent activities across North America.
India's foreign exchange reserves have surged by $12.42 billion, reaching a new all-time high of $729.33 billion for the week ended August 21, driven by increases in foreign currency assets and gold reserves.
Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.
Luxury hotels in Delhi are experiencing a significant room crunch and a sharp increase in tariffs ahead of the BRICS Summit. Many marquee properties show no availability or are quoting rates exceeding six figures per night around the September 12-13 event, highlighting a gap in India's hospitality infrastructure.
Rockwell Automation's CEO Blake Moret highlights India as the centrepiece of the company's Asian growth strategy, detailing its four-decade presence, significant employee base, and support for the 'Make in India' initiative. The company sees major opportunities in pharmaceuticals, automotive, food and beverage, and consumer products, with AI playing a crucial role in simplifying industrial automation and boosting productivity for Indian manufacturers, including MSMEs.
The United States Central Command announced strikes against Iranian military targets, including air defence and communication sites, in retaliation for alleged attacks on commercial shipping and US personnel. However, Iran's Foreign Ministry claims these strikes caused over 50 civilian casualties at a wedding and vowed a firm response. Iran's state media also reported retaliatory ballistic missile and drone attacks on US bases in Jordan and Bahrain, claims which were partially corroborated by Kuwait and Jordan reporting intercepted drones and missiles.
Moody's Ratings has sharply increased India's GDP growth forecast for fiscal 2026-27 to 7 per cent, making it the fastest among G20 economies, driven by economic resilience despite the Middle East conflict. However, the agency flagged significant inflation risks stemming from elevated oil prices and potential El Nino disruptions.
Gold futures experienced their seventh consecutive daily decline, falling to Rs 1.5 lakh per 10 grams, driven by escalating military exchanges between the US and Iran which have pushed oil prices higher and intensified concerns over inflation and potential interest rate hikes.
'This rise in foreign exchange reserves was expected given the amount of FCNR(B) flow.'
The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.
India has highlighted 13 key outcomes from the recent Shanghai Cooperation Organisation (SCO) summit, focusing on enhanced cooperation in security, counter-terrorism, and addressing transnational threats. These outcomes include the establishment of a Universal Centre for Countering Challenges and Threats to Security, a strong stance against state-sponsored terrorism, and agreements on narcotics control, climate change, and artificial intelligence, reinforcing India's engagement in the Eurasian region.
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.
During the 18th BRICS Summit in New Delhi, Chinese President Xi Jinping and Prime Minister Narendra Modi held a bilateral meeting, outlining a four-point approach for the steady and long-term development of China-India relations. The leaders stressed strategic understanding, win-win cooperation, mutual respect, and inclusive multilateral engagement, reaffirming their commitment to resolving the boundary question and addressing economic concerns. They also discussed global challenges and strengthening people-to-people ties.
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.
Fifteen-year-old Chilean Jaime 'Craime' Bustos has become the youngest-ever Esports World Cup champion, winning the Street Fighter 6 title. Representing Team Falcons, Craime defeated Japan's Hibiki in the final, securing USD 250,000 and a spot in Capcom Cup 13. Other championships were also decided, with Team Falcons maintaining their lead in the Club Championship standings.
In many ways, 17th century India occupied a position in the global economy comparable to that of the United States today. Just as millions of people now look towards America because of its economic opportunities, merchants, adventurers and trading companies once looked towards India.
Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.
'It beggars belief that Saudi Arabia would deploy military force against India, a top partner and market.'
Bangladesh-China and Bangladesh-US relations have evolved from reluctant engagement to increasingly consequential strategic partnerships.
India's foreign exchange reserves surged by USD 11.475 billion to a new record high of USD 740.803 billion for the week ended August 28, driven by the RBI's concessional forex swap initiatives.
Fighting in Yemen has intensified as Houthi rebels advance on strategic government-held areas like Marib and Taiz, putting pressure on Saudi Arabia to respond. The conflict is also linked to wider US-Iran tensions affecting shipping in the Strait of Hormuz, with former US President Trump commenting on the situation.
This is the first time such a bilateral dialogue focusing on Central Asia where the two countries have long and historical ties was held, reflecting deepening diplomatic engagement between the two neighbours even as they try to sort out friction resulting from recent reported incursions by Chinese troops along the Ladakh border
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.
India has exhausted 58.04 per cent of its FY27 fertiliser subsidy budget in under five months, primarily due to a significant surge in global urea prices following the conflict in West Asia, necessitating potential additional government expenditure.
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.
Economists widely anticipate the Reserve Bank of India's Monetary Policy Committee will increase the repo rate by 50 basis points, likely split between the October and December meetings, as retail inflation is projected to peak at 6.1 per cent in the third quarter, exceeding the RBI's tolerance limit.
The political confidence required to place high-end Japanese aircraft and personnel on Indian soil is itself a data point.
It indicates a level of trust that would have been difficult to imagine when India-Japan defence ties were largely symbolic, explains Varun Arya.
'This government is in the very bad habit of doing so again and again. It has done so many times.'
RBI Governor Sanjay Malhotra stated that the central bank is closely monitoring whether the supply shock from the West Asia conflict will lead to a generalised price rise, potentially necessitating monetary policy action.
US Central Command (CENTCOM) forces conducted additional strikes against multiple targets in Iran, on Saturday (local time), at the commander in chief, US President Donald Trump's direction.
Ketan Kushwaha has been appointed as the captain of the Indian U18 team for the upcoming Asia Cup in Kakamigahara, Japan. The squad was selected after a national coaching camp in Bhopal, which included exposure matches against Australia U-18.
