Indian drug regulatory and law enforcement agencies have stepped up their efforts against the illegal manufacture and distribution of spurious drugs. This intensified action follows the seizure of a "misbranded" batch of Abhayrab rabies vaccine in Delhi, prompting nationwide vigilance and arrests.
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.
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.
The Duleep Trophy reaches its semifinal stage with defending champions Central Zone and last year's runners-up South Zone receiving direct entry. They will face East Zone and North Zone, respectively, who advanced after winning their quarterfinal matches. The upcoming clashes promise intense competition as teams battle for a spot in the final.
The Ministry of External Affairs reported that 275 Indians remain missing following devastating flash floods along the Nepal-Tibet border, while 166 others have been rescued. India has supplied 95 tonnes of relief material and deployed 54 personnel, including rescue and forensic experts, to assist Nepal. The death toll in Nepal has reached 1,295, with thousands still missing, and significant infrastructure damage reported. India has also highlighted the need for developed countries to lead in climate change action.
The Supreme Court has refused to quash proceedings under the Prevention of Corruption Act against former NSE MD and CEO Chitra Ramkrishna, stating that the trial court will determine whether she can be considered a 'public servant' under the Act.
Russian cosmonauts aboard the International Space Station have conveyed special greetings to the people of India as the nation prepares to mark its 80th Independence Day, holding the Indian tricolour and underscoring the enduring partnership between the two countries in space exploration.
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.
The Sports Ministry has granted an exemption to the Indian Olympic Association (IOA), allowing it to maintain a 16-member Executive Council. This decision aligns with the International Olympic Committee's (IOC) recommendation, overriding the National Sports Governance Act's usual limit of 15 members, to ensure compliance with international statutes ahead of upcoming IOA elections.
The BJP has announced Hasirani Rath, mother of slain former aide to Suvendu Adhikari, as its candidate for the Nandigram bypoll, aiming for an emotive campaign. The party also named Sakharav Sarkar for the Rejinagar seat. These bypolls are set against a backdrop of multi-cornered contests and internal TMC disputes, with voting scheduled for October 6.
Kaverappa's four-wicket haul gave South Zone control before they stumbled, while Mukesh and Sarkar struck three each to bowl Central Zone out, giving East Zone a strong start.
Ishan Kishan discusses how taking on the captaincy for Jharkhand in 2024, following the loss of his BCCI central contract, significantly contributed to his personal and cricketing development. He highlights the increased responsibility, situational awareness, and focus on team goals that leadership instilled in him, exemplified by his recent double century for East Zone in the Duleep Trophy final.
Union Minister Mansukh Mandaviya has pledged support for promoting sporting talent and improving infrastructure in Mizoram, particularly for boxers. This assurance came during a meeting with BJP youth wing leaders who highlighted the state's sporting potential and the need for modern facilities, including a boxing hall, especially with India's 2036 Olympic bid in mind.
Prime Minister Narendra Modi, addressing the nation from the Red Fort on Independence Day, declared that India is undergoing a rapid transformation across various sectors and is firmly on track to become a developed nation by 2047.
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.
A senior Geological Survey of India official warns that the Himalayas are vulnerable to cascading disasters, where one high-altitude event can trigger a chain of destructive events downstream, as evidenced by Nepal's recent floods. He stresses the need for integrated monitoring using satellite data and ground investigations to identify high-risk areas and improve preparedness in the Indian Himalayas.
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.
'It is unfortunate that the Chairman of Tata Sons, a Company renowned for setting high standards of corporate governance, is contending reappointment on such an untenable interpretation of the Articles'.
In a major bureaucratic rejig, the Central government on Thursday promoted six 1995-batch Indian Police Service (IPS) officers holding senior ranks in different Central Armed Police Forces (CAPFs) and the Intelligence Bureau (IB).
Axis Bank MD & CEO Amitabh Chaudhry has cautioned that the surge in FCNR(B) deposits could lead to 'abnormal lending' as banks seek to deploy excess liquidity, while also hinting at a potential interest rate hike in the near future.
The Indian government has introduced a 0.4% transaction fee on Unified Payments Interface (UPI) payments exceeding Rs 2,000 for merchants, effective October 15, marking the end of nearly six years of free service. Person-to-person transfers and small-value transactions below Rs 2,000 remain free. The new Merchant Discount Rate (MDR) is capped at Rs 300 for transactions above Rs 75,000, with differentiated rates for essential sectors and investments, and safeguards to prevent costs from being passed to consumers.
India's burgeoning franchise volleyball ecosystem, particularly with dedicated Under-21 tournaments like the Guardians Trophy, is creating a structured pathway for young players. This initiative aims to develop talent from the grassroots to professional levels, fostering cultural adaptation and skill enhancement, with the ultimate goal of strengthening the senior national team and achieving Olympic qualification.
Investors opening new brokerage accounts must choose a broker suited to their style.
The Supreme Court has rejected pleas to reconstitute a high-powered committee investigating alleged police excesses against student protesters in Delhi, stating that the allegations against the panel were based on conjecture. The court emphasised the committee's role in ensuring fairness and transparency, and directed it to proceed with its inquiry into various issues including the use of pellet guns, targeted violence, and property destruction, while ensuring protection and confidentiality for vulnerable witnesses.
Padma Shri awardee educationist Dinesh Singh advocates for teachers to embrace artificial intelligence, viewing it as a tool to elevate their role rather than a threat. Speaking at the 4th STTAR Global Education Conference, Singh urged educators to use AI to become "gurus." Other leaders, including Shishir Jaipuria, emphasised that the future of education lies in human-technology collaboration, with teachers remaining crucial for inspiring students.
The Supreme Court has urged the Central Board of Secondary Education (CBSE) to consider exempting Class 6 students from its three-language policy for the current academic year. The policy, which mandates the study of three languages including two native Indian languages, is challenged by petitioners who question CBSE's jurisdiction over classes 6-8. The court emphasized finding a solution that avoids student pressure and suggested a potential deferral for Class 6.
South Korean male professional tennis players face a unique challenge: mandatory military service, which interrupts their careers for 18 months. This article explores how players like Seong-chan Hong, Hyeon Chung, and Soonwoo Kwon adapt to this obligation, with some earning exemptions through sporting achievements while others navigate a return to the professional circuit after their service.
BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.
The central government has introduced a 0.4 per cent fee on UPI transactions exceeding Rs 2,000, prompting traders' associations to advocate for cash payments to avoid additional costs on digital payments. This move ends the zero-Merchant Discount Rate (MDR) regime, with traders expressing concerns about operating on tight margins and the potential for increased charges.
The Supreme Court has stated it will wait for the central government's response on petitions concerning the criminalisation of marital rape before scheduling a hearing. This comes as the Centre has yet to file a substantive reply on the matter, which challenges the constitutional validity of exceptions in criminal law that protect husbands from prosecution for sexual acts with their wives. The issue involves the interpretation of Section 375 of the IPC (now replaced by Bhartiya Nyaya Sanhita) and has seen split verdicts in high courts.
The India Meteorological Department (IMD) has predicted below-normal rainfall for India during the second half of the southwest monsoon season, specifically from August to September. This forecast indicates less than 94 per cent of the Long Period Average (LPA) for the period. While July saw good rainfall activity due to low-pressure systems and the Madden-Julian Oscillation, the Southern Peninsula experienced significantly low rainfall and record high minimum temperatures.
Indian immigration authorities are eliminating the mandatory physical stamping of boarding passes for international travellers from September 1, allowing e-boarding passes on smartphones for clearance. This move by the Bureau of Immigration aims to reduce passenger inconvenience and errors, with physical passes still accepted but not stamped. A pilot project for digital immigration entry/exit for Indian passport holders is also underway.
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.
State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.
The Indian government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.
Jammu and Kashmir Chief Minister Omar Abdullah has renewed his call for the restoration of special status and statehood to the region, asserting that the decision to accede to India 80 years ago was correct. He highlighted the importance of upholding India's federal structure and suggested that if Article 370 hadn't been revoked, PoK residents might be seeking reunification. Abdullah also criticised centralised governance models, arguing they erode state autonomy.
On August 8, 1942, Mahatma Gandhi gave India a simple but powerful call: 'Do or Die'. What followed was the Quit India Movement, one of the largest mass uprisings against British rule.
The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.
Vaibhav Sooryavanshi, a 15-year-old batter, made history by becoming the youngest player to score a half-century in the Duleep Trophy. Playing for East Zone against Central Zone, he scored an unbeaten 80 off 69 balls, breaking a 57-year-old record.
The death toll from devastating flash floods in Nepal has surged to 1,050, with nearly 4,000 people, including foreigners and security personnel, still missing. Rescuers are struggling with intermittent rainfall, rising river levels, and difficult terrain, while expert teams from India and China assist in operations, particularly at hydropower project sites where many workers are believed to be trapped in tunnels.
