Analysts predict that crude oil prices and the ongoing US-Iran conflict will be the primary drivers of stock market movements, with investors also closely watching the Jackson Hole symposium for cues on interest rates.
Tero Entertainment Public Co. Ltd. has launched Quest India 2026, marking the official introduction of 3x3 basketball to the country. This fast-paced, urban Olympic sport, backed by BFI and FIBA, will feature its inaugural event in September 2026, blending elite competition with street culture.
Mumbai-based FIDE trainer and arbiter Praful Jhaveri has been appointed as the coach and team captain for the St Kitts and Nevis Chess Federation for the upcoming 46th Chess Olympiad in Uzbekistan. His appointment followed a recommendation from IM Abhilash Kelkar.
The second round of the Asian Junior Open and Girls Classical Chess Championships in Mumbai saw significant upsets, with Guru Prakash defeating Asian Junior Rapid champion FM Vivaan Vishal Shah. Several other higher-rated players were also challenged or defeated, while top seeds maintained their winning streaks.
Russian Athletics has filed a new claim with the Court of Arbitration for Sport (CAS), challenging sanctions imposed by World Athletics that prevent Russian athletes from participating in international competitions.
Former Pakistan hockey players have expressed deep concern over the national team's poor performance at the World Cup, advocating for an immediate injection of fresh talent and a focus on the upcoming Asian Games. They attribute the sport's decline to cricket's dominance and a failure to adapt to modern hockey, urging the federation to prioritise competitive success to regain public interest.
Five Indian tennis players were excluded from the Asian Games squad because they did not meet the Sports Ministry's stringent international ranking criteria, a decision that has drawn criticism from veteran players like Rohan Bopanna but is being upheld by authorities to maintain administrative integrity.
Donald Trump announced a landmark agreement with Venezuela, claiming it to be the 'biggest oil deal in world history'. The deal reportedly grants the US majority control over more than 65 billion barrels of Venezuela's proven crude oil reserves, aiming to double American oil reserves and lower domestic gasoline prices.
The Asian Junior Chess Championships will host 157 players from 10 countries in Mumbai from August 16-26. The tournament, featuring Classical, Rapid, and Blitz formats, offers Grandmaster and International Master norms to winners and showcases top U20 talent, including leading Indian and international players.
Gold and silver prices are anticipated to maintain a positive trajectory in the coming week, with market volatility expected to remain high due to ongoing developments in West Asia and upcoming global economic data, particularly the Federal Reserve's FOMC meeting minutes.
The Indian senior men's football team will play an international friendly against Panama at the Sree Kanteerava Stadium in Bengaluru on September 26. This match against a FIFA World Cup-playing nation will be a significant test for the Blue Tigers, marking their return to Bengaluru after their SAFF Championship 2023 victory.
India's Mayank Chakraborty and Pratitee Bordoloi secured gold medals in the Open and Girls categories, respectively, at the Asian Junior Classical Chess Championship, leading the host nation to a memorable double victory and a total of four medals.
The All India Football Federation (AIFF) is in a difficult situation regarding India's participation in the inaugural FIFA ASEAN Cup and a proposed friendly against Brazil, as both events clash on October 3. FIFA regulations prohibit fielding an understrength team in a sanctioned competition, forcing the AIFF to seek clarification from FIFA on its plan for separate squads.
A delegation from the Brazilian Football Confederation (CBF) visited Kolkata to inspect venues and infrastructure for the upcoming international friendly against India on October 3. The inspection covered the stadium, training facilities, accommodation, and security, with West Bengal's Sports Minister assuring world-class arrangements.
A call for a strike by the Federation of Kannada organisations against the CWMA's directive to release Cauvery water to Tamil Nadu has seen mixed support, with many groups offering only moral backing while essential services and schools are expected to function normally.
US Second Lady Usha Vance's USD 8 maternity dress, purchased from Old Navy, has become a topic of discussion after a New York Times fashion column analysed its political symbolism. Her husband, JD Vance, jokingly suggested she lead the federal budget due to her frugality, while Usha Vance herself used humour to dismiss the article's interpretation, highlighting the discounted price of her attire.
India has announced its 23-member squad for the upcoming AFC U20 Asian Cup Qualifiers in Tashkent, with eight players omitted from the initial camp. The team, led by Mahesh Gawali, will compete against Syria, Uzbekistan, and Bangladesh from August 31 to September 6, aiming for qualification to the main tournament in China in 2027.
The UTT National Ranking Table Tennis Championships has commenced in Kanpur, featuring 1900 players across 12 categories, including top senior athletes. The tournament proceeds despite the Sports Ministry's recent suspension of the Table Tennis Federation of India (TTFI) over election irregularities, with the TTFI asserting its autonomy.
Indian benchmark equity indices, Sensex and Nifty, closed lower for multiple consecutive days, with the Nifty extending its losses to a seventh day, primarily due to elevated crude oil prices following the expiry of the US-Iran ceasefire without a diplomatic resolution.
India's Madhavendra Pratap Sharma and Kazakhstan's Akhilbay Imangali are leading the rapid event of the Asian Junior Chess Championship in Mumbai, both with a perfect score of 4 points after four rounds. While the open section sees clear leaders, the girls' rapid championship is a much closer contest with six players sharing the lead, all unbeaten. With three rounds remaining, the competition for titles and podium finishes remains intense in both categories.
Anthony Andrews, a highly successful coach in Indian women's football, has been appointed as the assistant coach for the India U17 women's national team. He will continue his dual role with East Bengal FC while preparing the Young Tigresses for the AFC U17 Women's Asian Cup China 2027 Qualifiers.
Olympian dressage rider Anush Agarwalla and the Equestrian Federation of India (EFI) ad-hoc panel are engaged in a heated dispute over the selection process for the upcoming Asian Games. Agarwalla, a gold medallist and Paris Olympics representative, alleges a lack of transparency after being named a reserve member, while the EFI defends its process as compliant with selection criteria.
A US federal court has postponed the sentencing of Nikhil Gupta, who admitted guilt in a plot to assassinate Sikh separatist Gurpatwant Singh Pannun, to November 20. The delay was requested by the "intended murder victim" to allow for their participation in the sentencing hearing.
Anthony Andrews, the highly successful coach of East Bengal FC, has been appointed as the assistant coach for the India Under-17 women's national team. He joins the team in Tashkent for friendly matches ahead of the AFC U17 Women's Asian Cup Qualifiers, bringing his extensive experience and winning record, including four IWL titles and continental success with East Bengal.
The Indian athletics team will undergo an acclimatisation camp at the University of Tsukuba near Tokyo before the Asian Games in Aichi-Nagoya. This follows an MoU between SAI and the University. Athletes are also returning from Czech Republic for a training stint and an event in Bhubaneswar, though Neeraj Chopra will not participate. The Athletics Federation of India has already submitted a list of over 72 athletes for the Games to the Indian Olympic Association.
Private banks in India are aggressively mobilising Foreign Currency Non-Resident (Bank), or FCNR(B), deposits by raising interest rates and using website countdowns, as the Reserve Bank of India's swap window is set to close on August 31, earlier than initially planned.
Former Barcelona star Xavi Hernandez has been appointed as the new coach of the Netherlands national football team, signing a four-year deal. He has pledged to implement an attractive, dominant style of play while instilling a strong desire to win. Xavi aims to build a cohesive team from talented players and is ready to face the pressure of his new role, starting with a Nations League match against Germany.
Deepadhar, featuring former Asian Games gold medallists, has taken an early lead in the fifth East Zone Bridge Championship in Kolkata, accumulating 65.22 Victory Points after four rounds. The tournament, a Bridge Federation of India Ranking Two event, involves around 300 players from 50 teams across East Zone states competing for a Rs 6 lakh prize purse, with the top 16 teams advancing to the knockout stage.
Across India, Gen Alpha students (born between 2010 and 2024) are increasingly taking to the streets to protest against poor school infrastructure, lack of teachers, and unhygienic conditions, leading to some significant wins and drawing attention to the declining state of public education.
Indian football icon I M Vijayan has voiced his enthusiasm for the upcoming India-Brazil international friendly in Kolkata on October 3. He believes the visit by the five-time World Cup champions will provide invaluable experience and lasting memories for young Indian players, significantly boosting the sport's profile and attracting global attention to Indian football.
The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.
Traffic between Assam and Meghalaya was disrupted after Guwahati-based cab operators blocked National Highway-27, protesting alleged attacks on people from Assam during a Khasi Students' Union (KSU) rally in Shillong, which saw 31 vehicles damaged and several pedestrians assaulted.
'Being the defending champions certainly gives us confidence, but every Olympiad is a new event and starts from scratch.'
Mexico and Argentina's football associations have publicly backed FIFA President Gianni Infantino, despite a significant backlash over his abandoned proposal to sell commercial rights to the World Cup, with other confederations and national bodies expressing strong opposition.
The Enforcement Directorate has seized handwritten notes and digital evidence during searches related to former Kerala Chief Minister Pinarayi Vijayan's daughter, Veena T. The agency alleges these notes detail fund transfers to Dubai and amounts handled beyond her known income, linking her to a money laundering probe involving Cochin Minerals and Rutile Ltd (CMRL) and her defunct company, Exalogic Solutions. Political leaders have condemned the probe as a vendetta.
Sagnik Roy and Sayantan Kushari, fresh from their gold medal win at the World Youth Transnational Championships, will lead a strong field at the fifth East Zone Open Bridge Championship in Kolkata. The three-day event, organised by the West Bengal Bridge Association, features a Rs 6 lakh prize fund and will host top bridge players from the Eastern Zone and beyond.
SAI has defended the exclusion of five Indian tennis players from the Asian Games squad, saying they failed to meet the prescribed continental ranking criteria.
India's electric two-wheeler market has seen record penetration, exceeding 11.2 per cent, driven by crude oil price fluctuations. This surge has led to an unexpected crisis for Indian OEMs, with unfulfilled customer demand reaching 20-30 per cent and average waiting periods exceeding four weeks, a situation expected to intensify during the upcoming festival season.
Wednesday's India-Pakistan World Cup match in Amstelveen saw players exchange handshakes, a gesture that has become contentious in India-Pakistan sporting encounters, particularly in cricket. While the Indian team dominated on the field, winning 5-3, the post-match handshakes led to mixed reactions online, highlighting the differing approaches to rivalry in hockey versus cricket.
India has withdrawn from the inaugural FIFA ASEAN Cup to prioritise a high-profile international friendly against five-time world champions Brazil in October. This decision, confirmed by AIFF, means India will miss facing Southeast Asian teams in a FIFA-sanctioned competition, opting instead for a more challenging opponent to improve its international standing.
