'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'
Maharashtra Chief Minister Devendra Fadnavis has ordered a comprehensive probe into alleged donation irregularities at Mumbai's famous Siddhivinayak Temple. The directive follows allegations by MNS chief Raj Thackeray of Rs 18 crore being siphoned off annually, leading to the arrest of nine employees and a demand for independent inquiries. The probe will examine the temple's records from the last five years.
The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.
The Sports Ministry has suspended the recognition of the Table Tennis Federation of India (TTFI) due to significant governance deficiencies, including delayed elections and failure to ensure athlete welfare. The Indian Olympic Association (IOA) has been directed to form an ad-hoc committee to manage the sport until a proper governance structure is re-established.
A 24-year-old farmer in Beed district allegedly committed suicide due to delays in obtaining a Kunbi caste certificate for quota benefits and financial difficulties. Police are investigating the case.
Professor Deepak Dhar of the International Centre for Theoretical Sciences (ICTS) has been awarded the prestigious 2026 Dirac Medal for his significant contributions to statistical mechanics and complex systems. He shares the honour with three other scientists for their pioneering work extending statistical mechanics into diverse fields like AI and theoretical neuroscience.
Pakistan's Olympic gold medallist javelin thrower Arshad Nadeem has responded to social media criticism following his disappointing ninth-place finish at the recent Commonwealth Games in Glasgow. Nadeem attributed his poor performance to the extremely cold weather, which stiffened his muscles and hindered his throws. He emphasised his commitment to his country and his grounded nature, expressing confidence in his ability to return to winning form at the upcoming Athletissima event.
The Centre is reportedly considering moving forward with the impeachment process against Justice Yashwant Varma in the upcoming Winter session of Parliament, despite his resignation. A Lok Sabha Speaker-constituted panel has found him guilty of possessing unaccounted cash and disturbing evidence.
Rewari's Kamaljeet, a 22-year-old pistol shooter, is set to represent India at the 20th Asian Games in Aichi-Nagoya, Japan, after an injury ended his athletics dream and he transitioned to shooting in 2019, overcoming financial struggles with strong family and institutional support.
US President Donald Trump stated that the United States is taking a "low-key" approach towards Iran, focusing on economic pressure rather than military action, amidst ongoing tensions over the Strait of Hormuz. Trump highlighted Iran's worsening economic situation and the impact of the US naval blockade, while negotiations for reopening the Strait remain stalled due to new conditions from Tehran.
'There are days where I feel things are not going my way. I feel helpless, dejected and rejected.' 'But then what do you do? You wake up, dust it off and go.'
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.
The Bombay High Court has ruled that both earning partners must contribute to household and child's education expenses to maintain a lifestyle, reducing a man's monthly maintenance payment to his estranged wife and son. The court emphasised that equality cannot be claimed selectively, especially when both parties are earning.
An Indian-origin chief financial officer of a US spinal implant company has been sentenced to a four-month jail term for his role in a scheme to bribe surgeons. Aditya Humad conspired to pay over USD 540,000 in sham consulting fees to surgeons to induce them to use SpineFrontier's products, leading to millions in revenue for the company and undermining healthcare safeguards.
'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'
Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.
For these startups, qcom is emerging as a launch and discovery platform, not simply a fulfilment channel.
The Supreme Court has directed the Reserve Bank of India to prepare a standard operating procedure (SOP) within four weeks to deal with bank accounts linked to cyber frauds, including mule accounts. This directive is part of a broader effort to strengthen responses to cyber-enabled financial frauds, with the court also urging states and UTs to adopt and operationalise grievance redressal and money restoration modules.
The mortal remains of Merchant Navy chief officer Sagar Gupta, who was killed in a Black Sea attack amid the Russia-Ukraine conflict, were brought to his native place in Kanpur on Wednesday, 18 days after the incident, with his family demanding 'martyr' status and compensation.
MNS president Raj Thackeray has alleged that Rs 18 crore is siphoned off annually from Mumbai's Siddhivinayak Temple and Rs 1,400 crore was stolen from the Ram Temple in Ayodhya. He demanded PM Modi address the issue, while the Siddhivinayak Temple Trust chairman confirmed arrests and increased income post-theft.
The Supreme Court will hear petitions on August 17 seeking a court-monitored SIT probe into alleged embezzlement of donations at the Ram temple in Ayodhya, after deferring the original hearing due to the Solicitor General's UN engagement.
Australia is set to host Bangladesh in a two-match Test series in the country's tropical north, marking the first time since 2003.
The Confederation of Indian Industry-Indian Women Network (CII-IWN) organised a hands-on Artificial Intelligence (AI) workshop in Chandigarh for women entrepreneurs and professionals. The session focused on practical applications of AI, including generative AI and LLMs, to address business challenges and enhance productivity across various functions like marketing, content creation, and data analysis.
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
In her address to the nation on the eve of the country's 80th Independence Day, the president stressed that just as government and society remain united to ensure national security, everyone must contribute through joint and concerted efforts to safeguard the present and future of students.
Indian pace legend Zaheer Khan, through his co-owned Stockholm-based Anchor Sports AB, has acquired the Lanka Premier League (LPL) franchise Jaffna Kings, which will now be rebranded as Anchor Jaffna Kings.
The most financially successful borrowers will not necessarily be those who have the easiest access to credit. They will be the ones who understand how to manage it wisely
FIFA's proposal to create a $20 billion subsidiary for the World Cup, offering up to 20% stakes to external investors, aims to democratise global football finance but has been condemned by UEFA as selling the game's "soul."
If the government wishes that protests like the one that took place at Jantar Mantar during the last few weeks should not recur, it must refocus its energies on jobs, not just the examination system, points out A K Bhattacharya.
The Defence Research & Development Organisation (DRDO) has dismissed recent media reports of an alleged cybersecurity incident and data breach as "incorrect and unverified." Officials clarified that investigations found no evidence of an active cyber attack or data exfiltration, stating that any leaked data is unclassified, outdated, and fabricated by threat actors for financial gain.
The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.
State-run Oil and Natural Gas Corporation (ONGC) Ltd reported a 112 per cent year-on-year increase in standalone net profit for Q1 FY27, reaching 17,034 crore, primarily due to higher crude oil prices and increased realisations from new well gas. Despite a consolidated net profit decline due to HPCL's losses, ONGC's core upstream business showed robust growth.
Seventeen-year-old Janmoni Konwar from Assam won a gold medal at the National Karate Championship in Delhi, a remarkable achievement given her family lost their home and livelihood to devastating floods just weeks before the competition.
Cricket Scotland and the Royal Dutch Cricket Association have strongly criticised the International Cricket Council's decision to implement significant structural changes to the 2027 ODI World Cup qualification pathway and tournament format, stating it 'risk weakening the integrity and credibility of international cricket'.
Formula One chief executive Stefano Domenicali announced that the sport will feature more sprint races in 2027 than the current six, while emphasising the importance of maintaining their 'scarcity value' to ensure commercial appeal.
The Delhi government is set to introduce a comprehensive drone policy aimed at creating over 1,000 jobs and regulating drone operations. The policy will focus on establishing research clusters, flight testing facilities, and providing subsidies, while also addressing drone usage for government purposes like traffic management and surveillance, considering the city's extensive 'no drone zones'.
TVS Venu Group has agreed to acquire a minority stake of up to 9.9 per cent in Jana Small Finance Bank, including a 4.9 per cent ownership by TVS Motor Company, through a combination of primary issuance of warrants and a secondary purchase.
Student protests in Jharkhand over alleged irregularities in recruitment exams have intensified, leading to a state-wide bandh called by the BJP and a march by the ABVP to the state assembly. The agitation, now in its 18th day, has seen police action against demonstrators, an ED money laundering probe, and the arrest of a former JPSC chairperson, while talks between the government and students remain deadlocked.
Indian Hotels Company (IHCL) reported a healthy 14.6 per cent consolidated revenue growth in Q1 FY27, largely driven by a robust 17.6 per cent increase in domestic operations, offsetting geopolitical disruptions. Brokerages anticipate sustained growth, with Motilal Oswal Research projecting 12-14 per cent growth in FY27, supported by strong leisure demand and an asset-light expansion pipeline.
The government is considering sending 'The Foreign Contribution (Regulation) Amendment Bill, 2026' to a joint committee of both houses of Parliament for further examination, even as the Congress and some other opposition parties have demanded that it be withdrawn, sources said on Tuesday.
