'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'
The Income Tax Department has initiated a nationwide verification drive targeting suspicious foreign remittances made by entities with minimal business activity, including those in border districts, and is scrutinising the chartered accountants who issued the mandatory tax determination certificates.
Experts from the International Centre for Integrated Mountain Development (ICIMOD) suggest that an ice-rock avalanche originating in a high-altitude area likely triggered the devastating flash floods that swept across central Nepal districts, killing at least 95 people and leaving nearly 500 missing.
'The changes in its leadership team will help address the scepticism that has engulfed the bank over the recent period.'
If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.
Nepal's devastating flash floods have claimed 1,127 lives, with thousands still missing a week after the disaster. Rescuers are intensifying efforts to find survivors and recover bodies across affected regions, while police work to identify victims and relocate families from high-risk areas.
Indian benchmark indices, Sensex and Nifty, recovered intraday losses to close higher, driven by late-day buying and a significant decline in Brent crude oil prices, which fell 3 per cent to USD 89.32 per barrel.
The task force's move to directly solicit views from students, parents and teachers marks a parallel effort to bring education stakeholders into the reform process.
Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.
In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.
'India was the emirate's largest international source market by hotel guest volume.'
"When you have more liquidity than good investment opportunities, there is no reason for MFs to sell a winning trade."
'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'
India's wholesale price index (WPI) inflation marginally eased to 9.78 per cent in July 2026, down from 9.87 per cent in June, primarily due to a cooling in the prices of fuel, power, and food items, marking the first month-on-month drop under the new 2022-23 base year.
Indian benchmark indices Sensex and Nifty opened higher, driven by a significant drop in crude oil prices and a positive trend in global equities, with foreign fund inflows further bolstering domestic markets.
Indian refiners are diverting 350,000 tonnes of sugar, originally slated for export, to the domestic market to ease a supply crunch and stabilise prices ahead of the festive season.
'This is no longer a single-hazard problem; it is a cascading, multi-hazard problem. A landslide never occurs in isolation. This entire chain is the cascading effect of what looks, at first, like a single disaster.'
Indian benchmark equity indices, Sensex and Nifty, opened higher on Monday, driven by strong buying in blue-chip stocks like HDFC Bank and Infosys, despite persistent geopolitical tensions and elevated crude oil prices.
Nepali Army engineers are intensifying rescue efforts for hundreds of workers trapped in hydropower project tunnels in flood-hit Nuwakot and Rasuwa districts. International teams from India and China have joined the complex operation, which involves heavy equipment and blasting to reach those out of contact, particularly at the Upper Trishuli-3A project.
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.
India's retail inflation, measured by the Consumer Price Index (CPI), rose to 4.45 per cent in July, up from 4.38 per cent in June, primarily due to higher food prices, particularly onions and ginger. This marks the second consecutive month the inflation rate has remained above the Reserve Bank's median target.
Former Rajya Sabha member Saket Gokhale has alleged that the Election Commission refused to disclose details of Chief Election Commissioner Gyanesh Kumar's official visits and the expenditure incurred from public funds, citing 'personal information' under the Right to Information Act.
Heavy rainfall in Delhi led to widespread waterlogging, traffic disruptions, and a significant drop in minimum temperatures across the city. Key areas like Lutyens' Delhi, Supreme Court, and AIIMS were affected, while the air quality remained satisfactory.
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.
Indian benchmark indices closed marginally higher, with the Sensex gaining over 43 points and the Nifty remaining flat, as a spike in crude oil prices due to geopolitical uncertainties tempered risk appetite.
'There needs to be a monitoring of glaciers in high altitude areas and one needs to check regularly how geological changes are taking place.' 'We can mitigate that by regular monitoring but unfortunately, hardly any monitoring is happening.' 'And without monitoring those higher altitudes of Himalayas, people are suffering.'
Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the escalating US-Iran standoff and persistently high crude oil prices, with experts predicting increased volatility.
A senior cryosphere specialist has warned of a potential secondary flash flood in Nepal due to debris from an ice-rock avalanche accumulating at a river confluence, creating a temporary dam that is collecting water.
Prime Minister Narendra Modi has announced plans to modernise India's civil defence volunteer force, stating that the existing system, designed for conventional wars, is inadequate against contemporary threats targeting critical infrastructure like refineries, banks, and data centres.
'Value is not where you make money in India. It never has been.' 'You have to buy momentum.' 'Momentum is in technology, and I don't see that slowing down because I believe the AI infrastructure boom is going to last for a while.'
Indonesia's East Nusa Tenggara province has been severely impacted by three earthquakes, including a powerful 7.7-magnitude tremor, resulting in at least 47 fatalities and extensive damage to homes and public infrastructure, with significant relief efforts now underway.
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
India is significantly expanding its crude oil sourcing to Latin America, with Venezuela emerging as a major supplier, as geopolitical disruptions in the Middle East and the Strait of Hormuz compel the world's third-largest oil consumer to diversify its energy supplies.
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.
The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.
JLKM leader Devendra Mahto, who ended his 16-day hunger strike after the Jharkhand government cancelled job exams over alleged irregularities, announced a second phase of protests for corruption-free recruitment by JPSC and JSSC, demanding government guarantees against future paper leaks and irregularities.
The Central Reserve Police Force (CRPF) has formed a 10-member 'core group' to prevent 'self-harm' incidents among its personnel, following a record 59 suicides in 2025, the highest in five years. The group, headed by the CRPF Director General, will meet monthly to review incidents and suggest preventive measures.
The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).
Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.
Indian benchmark equity indices, Sensex and Nifty, closed lower due to persistent geopolitical tensions in the Middle East and elevated crude oil prices, with investors remaining cautious ahead of fresh US sanctions on Iran.
