It is important to understand that the rupee's appreciation, driven by the 2013 special swap scheme, reduced India's import costs for petroleum, oil, and gold, points out Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.
State-owned refiners Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have reported substantial losses for the first quarter of financial year 2026-27 (Q1FY27), primarily driven by a sharp increase in crude oil prices exacerbated by the ongoing West Asia crisis and suppressed marketing margins on petroleum products.
Kimi Antonelli claimed his eighth victory of the season at the Madrid Grand Prix, extending his Formula One championship lead to 81 points. The Italian driver benefited from a timely Virtual Safety Car deployment and a problematic pitstop for pole-sitter Lando Norris, who had been leading comfortably. Max Verstappen finished second, with Norris recovering to secure third place after the unfortunate incident.
Apple's upcoming iPhone 18 lineup is set to cost 20 to 43 per cent more in India, primarily due to rising global memory component costs and a depreciating rupee, while the new foldable iPhone Duo will be priced between Rs 3 lakh and Rs 4.5 lakh, matching the cost of some hatchback cars.
Used-car financing has seen significant growth, but borrowers must be aware of higher interest rates, conservative loan-to-value ratios, shorter tenures, and the risk of owing more than the car's depreciated value. Understanding these factors is crucial for making informed decisions.
The Nomad Games, a biannual tournament of traditional nomadic sports, has drawn over 3,000 athletes from more than 100 countries to Kyrgyzstan, including many from Western nations keen to experience ancient Central Asian traditions like horseback archery and Kok Boru.
What should have been a top-draw domestic red-ball clash to kick off the new season featuring some of India's Test stars has quickly turned into a lopsided contest, courtesy of a lifeless pitch heavily loaded in favour of the batters.
Mandaadi may follow a familiar sports-drama rulebook, but its thrilling boat races, terrific performances and mass moments make the ride well worth taking.
National selectors are set to convene in New Delhi to finalise India's ODI and T20I squads for the upcoming home series against West Indies, with Rishabh Pant's potential white-ball return and Hardik Pandya's fitness being the primary discussion points.
The first phase of the West Bengal assembly elections saw a high voter turnout across 152 constituencies, with nearly 90 per cent of electors participating till 5 pm. Polling was conducted amid tight security, with reports of clashes and intimidation in some areas.
Coco Gauff, the fourth seed, defeated Spain's Cristina Bucsa 6-3, 6-4 in the third round of the U.S. Open, securing her spot in the second week for the fifth consecutive year. Despite some struggles with her serve, Gauff maintained control and delivered 15 winners, showcasing her defensive skills and ability to change pace. She now awaits her next opponent, either Iva Jovic or Alexandra Eala.
Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.
Penelope Cruz and Javier Bardem's new film Bunker received a remarkable 16-minute standing ovation at the Venice film festival, marking the longest applause for a premiere at this year's event.
Americans Melissa Jefferson-Wooden and Kenny Bednarek secured double sprint gold at the inaugural World Athletics Ultimate Championship in Budapest, each winning the 100m and 200m titles and a $300,000 jackpot. Jefferson-Wooden's 200m time of 21.47 seconds made her the third fastest woman in history, while Bednarek, known as "Kung Fu Kenny," dominated the men's 200m. The event, designed for television, drew sellout crowds and featured other star athletes like Gianmarco Tamberi and Mondo Duplantis, with World Athletics president Sebastian Coe noting its potential for future Olympic and World Championship elements.
Indian sprinter Gurindervir Singh, who holds the national record in the men's 100m, expressed renewed focus and confidence for the upcoming Asian Games after recovering from a hamstring injury that affected his Commonwealth Games performance. He stated he is "completely fit" and performing personal bests in training.
The Indian government has introduced a 0.4% transaction fee on UPI payments above Rs 2,000 for merchants, effective October 15, sparking a political row. The Congress party has labelled it a "Modi tax" and accused the government of succumbing to US pressure, while the BJP has defended the move, clarifying that consumers will not be charged and small vendors are protected. The finance ministry reiterated that the charge is on merchants, not customers.
Tata Motors Passenger Vehicles (TMPV) is strategically expanding its international footprint by launching the Nexon, rebranded as Osprey, in South Africa, a move set to significantly boost its export volumes and solidify India's position as a major automotive export hub.
This might lead to a further outburst, flooding downstream if left unchecked.
From forgettable turns to award-worthy performances, these actors have brought visually impaired characters to life on screen in the last decade.
Indian rally driver Naveen Puligilla and co-driver Musa Sherif are participating in the WRC3 category of Rally del Paraguay, the 11th round of the FIA World Rally Championship. The duo, fresh off a win in Rwanda and a historic WRC podium in Saudi Arabia, will navigate 22 red-gravel special stages, with Puligilla emphasising the need for precision due to the rally's challenging conditions.
The Mumbai-Delhi air route, the country's largest and most lucrative, is witnessing an intense battle for supremacy between IndiGo and the Air India group, with Akasa Air emerging as a significant third player, according to recent data.
A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.
The Supreme Court has rejected a High-Powered Committee's request for a six-month extension to submit its report on the definition and protection of the Aravalli Hills, directing the panel to submit it by November 30. The court warned of reconstituting the committee if it fails to meet the deadline and emphasised the need for issue-specific interim reports. This decision follows a previous controversy over the Aravalli definition and mining regulations.
I'm Game starts with a wickedly fun possessed-hand premise and plenty of style, only to lose its grip in a predictable second half.
New South Wales (NSW) has strongly criticised Cricket Australia's (CA) decision to proceed with a "self-determination" model for Big Bash League (BBL) privatisation, warning of potential threats to investment in grassroots cricket and long-term implications for the sport. NSW, which operates two BBL clubs, expressed disappointment over the lack of alignment across Australian cricket and highlighted unfulfilled conditions for the sale process.
Iga Swiatek secured her spot in the US Open fourth round after a challenging two-set victory over Marie Bouzkova. Despite a difficult season, Swiatek displayed resilience, winning two tie-breaks and setting up a highly anticipated rematch with Zheng Qinwen.
Former India batter S Badrinath has expressed concerns regarding India's T20I squad for the upcoming Afghanistan series, particularly questioning the consistent inclusion of Washington Sundar and Nitish Kumar Reddy. He suggested that some selections might be influenced by team management preferences. Badrinath also welcomed Jasprit Bumrah's potential return, calling it a significant boost for the team ahead of the Asian Games.
Australia has announced its 16-member squad for the upcoming three-Test tour of South Africa, with top-order batsman Marnus Labuschagne retaining his place despite recent poor form.
'The large number of tariff lines in the 90-99 per cent band highlights how deeply embedded Chinese sourcing has become in India's electronics imports.'
A Pakistani national and Lashkar-e-Taiba terrorist, Yasir, involved in multiple terror incidents including the 2024 Poonch IAF convoy ambush, has been neutralised by the Indian Army in Yusmarg, central Kashmir. An extensive search operation is underway in the high-altitude Pir Panjal range for a second terrorist, Musa, amidst challenging weather conditions.
Tanya Chaudhary broke the women's hammer throw national record with a distance of 68.35m at the Indian Athletics Series Final. Avinash Sable also made a strong return to the 3000m steeplechase, winning his first race in over a year. The event served as a crucial tune-up for Indian athletes heading to the Asian Games, with several other notable performances including wins by Harita Bhadra, Animesh Kujur, Rohit Yadav, and Tajinderpal Singh Toor.
India's manufacturing sector growth decelerated to a five-year low of 52.8 in August, down from 53.5 in July, as output and new orders moderated due to softer demand conditions, according to the HSBC India Manufacturing Purchasing Managers' Index (PMI).
India batter Mayank Agarwal has signed with Durham for the final four matches of the County Championship's Division Two, aiming to help the team secure promotion to Division One.
Chelsea made it two wins from two under Xavi Alonso, surviving Brighton's dramatic comeback to win 4-3 at Stamford Bridge and continue their high-scoring Premier League start.
Multiple Asian Games medallist rifle shooter Ashi Chouksey expresses confidence in the Indian contingent's performance at the upcoming Asian Games in Aichi-Nagoya, Japan. Having secured two silvers and a bronze previously, Chouksey is focused on achieving gold and highlights the rigorous preparation, including intense training and psychological support, to ensure India's success against strong competitors like China.
Prime Minister Narendra Modi conveyed to Chinese President Xi Jinping that peace and tranquillity along the frontier remains an "essential" basis for the development of India-China relations, even as the two leaders welcomed "steady progress" in bilateral ties during their talks on the sidelines of the BRICS summit.
Babar Azam said Pakistan's sweeping squad changes came as a surprise, defended the team's selection decisions, urged a fearless approach at Edgbaston, while the PCB launched disciplinary inquiry.
One 97 Communications Ltd, operating Paytm, is set to issue its first bonus shares, following a landmark year of achieving its maiden full-year profit and gaining significant market share. The board will meet on July 20 to decide on the bonus issue, reflecting confidence in its financial strength and aiming to improve stock accessibility for retail investors.
On the 25th anniversary of that world-changing morning in New York, it is also for the rest of to reflect. Not only on those who were killed but also on why the event happened and what led to it and what came after it, asserts Aakar Patel.
Former Pakistan coach Jason Gillespie has strongly criticised the Pakistan Cricket Board (PCB) for its constant upheaval, including the 'disrespectful' sacking of players and frequent changes in coaching staff, which he believes creates instability and fear among players.