The global players' union, FIFPRO, has strongly criticised FIFA President Gianni Infantino, accusing him of 'profound abuse of presidential power' following the secretive development and subsequent shelving of the 'FIFA Forward Enterprise' plan, which aimed to privatise the FIFA World Cup.
The Los Angeles Lakers NBA team is reportedly being sold to businessmen Josh Kushner and Bob Iger for an unprecedented $12.5 billion, a deal that would make it the most expensive sports team ever sold.
A heated parliamentary showdown unfolded as NDA and INDIA bloc MPs clashed at Parliament's main gate.
Willie Walsh, former IATA Director General and CEO of British Airways, has officially taken charge as the CEO of IndiGo, India's largest airline, with a mandate to drive global expansion and operational excellence.
India's Monsoon Session of Parliament concluded with significantly low productivity, marked by frequent disruptions and protests from the Opposition, primarily the Congress, leading to minimal debate on key legislation.
The controversy within Hockey India regarding the change in the Indian teams' jersey colour has intensified. President Dilip Tirkey's deadline for Executive Director Commander RK Srivastava to submit documents explaining the decision was missed, leading to the Secretary General requesting an emergency Executive Board meeting. This issue, along with unaddressed harassment complaints, highlights significant internal strife within the organisation.
For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.
Insurers are bracing for claims worth nearly 5,000 crore from the recent floods in Gujarat, predominantly for property losses, though they do not foresee an increase in premiums within the competitive property insurance market.
The Gujarat government has imposed a state-wide ban on the production, transportation, and sale of unstandardised analogue paneer, cheese, and butter. Citing public health concerns and the need to protect consumers and the dairy sector, the decision follows detections of substandard artificial dairy products during inspections. Legal action will be taken against violators.
Karnataka Chief Minister D K Shivakumar is in New Delhi to discuss the allocation of portfolios among newly inducted ministers and address discontent among legislators who missed out on cabinet berths. Speculation also surrounds a potential minor cabinet reshuffle and the appointment of a woman minister to the lone vacant position, with the CM aiming to finalise these decisions before the state Legislature's monsoon session.
The Congress party has accused the Modi government of creating a "deep crisis" in India's job market due to its "flawed" economic and employment policies. Citing a media report on a 27% decline in new jobs at major companies, the opposition party stated that the government is engaged in "headline management" and "politics of distraction" instead of addressing the youth employment crisis.
It is very unfortunate that China has decided to proceed with the controversial mega hydropower plants(despite the apparent opposition of many scientists in China). Why is Delhi silent about the development? asks Claude Arpi.
India's position appears to be anchored around three red lines: Hasina's safety and the guarantee of a fair trial; assurances that Bangladeshi territory will not be used for activities hostile to India; and the restoration of an inclusive democratic process in Bangladesh.
New Delhi organisers are confident of delivering a 'world-class spectacle' for the upcoming Badminton World Championships, having addressed previous concerns regarding venue cleanliness, air quality, and animal control that marred the India Open earlier this year.
The central government has revamped the Khelo India Scheme's funding pattern, allocating a Rs 565 crore component for states to co-share the cost of future sports infrastructure development projects over a five-year plan. This new model, part of a Rs 29,054 crore outlay, aims to increase state ownership and participation in sports development, significantly expanding the scheme's reach and athlete base.
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.
RBI Governor Sanjay Malhotra stated it is "premature" to discuss the implementation of Merchant Discount Rate (MDR) for digital payments, advising a "wait-and-watch" approach. He emphasised that investment in public payment infrastructure is necessary and someone must bear the cost, whether through taxes or MDR. The government is currently working on amendments to relevant statutes, and the RBI is focused on strengthening this infrastructure.
A veteran White House reporter has revealed that the Clinton administration used a decoy aircraft during President Bill Clinton's high-risk visit to Pakistan in 2000, a security measure disclosed to journalists off-the-record due to the significant dangers involved.
The Congress party has strongly condemned the 'purification' of a rally venue in Haldwani, Uttarakhand, after a public meeting addressed by party chief Mallikarjun Kharge, alleging it reflects an 'anti-Dalit' mindset of the BJP and RSS.
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.
Foreign Portfolio Investors (FPIs) injected Rs 12,921 crore into Indian equities during the first week of August, extending their buying spree, driven by improving macroeconomic conditions, expectations of US rate cuts, lower crude oil prices, and a stable rupee.
Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.
Air India Group has accumulated losses of about Rs 47,821 crore since its takeover, leaving its prolonged transformation among the biggest unfinished projects of N Chandrasekaran's tenure.
Australia is set to host Bangladesh in a two-match Test series in the country's tropical north, marking the first time since 2003.
India and China held diplomatic talks to review the situation along the Line of Actual Control (LAC), discussing boundary delimitation, border management, and trans-border cooperation. Both nations stressed the importance of maintaining peace and tranquillity for bilateral relations and agreed to continue using existing channels to resolve outstanding issues.
The income tax department has significantly reduced refund processing times over the past few years. But while some taxpayers receive refunds within days, others may wait several weeks or even longer. Here's why.
US President Donald Trump has publicly backed FIFA President Gianni Infantino, stating that replacing him would be a 'terrible mistake' and that the sport would 'never be as successful or profitable' without him, despite Infantino facing significant backlash and a battle to retain his position ahead of next year's presidential elections.
'... 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.'
The Lok Sabha passed two Bills, including one to rename Kerala as Keralam, without debate as Opposition members continued their protests, demanding Union Home Minister Amit Shah's presence to address police excesses against student protesters and alleged Ram temple fund irregularities.
Opposition MPs, including Priyanka Gandhi Vadra, staged a protest in the Parliament House complex against alleged donation theft at the Ram temple in Ayodhya and "police excesses" against student protesters. The INDIA bloc vowed to continue their agitation, demanding accountability from the government, particularly Home Minister Amit Shah, on these issues.
'Having analysed the break up of the hospital billing structure the committee believes that rationalising of room charges needs to be done on an emergent basis.'
The Airports Authority of India has received a request for a waiver from contractual restrictions that prevent airport concessionaires and their group entities from holding equity in scheduled airlines, Minister of State for Civil Aviation Murlidhar Mohol confirmed in the Rajya Sabha. This comes amid reports of the Adani group's interest in the airline business, despite their denial.
Taking suo motu cognisance of the incident in which three murder accused were tied to the bonnet of a police vehicle and paraded through parts of Pune, the Maharashtra State Human Rights Commission has issued notices to the state government and senior police officials.
Shiromani Akali Dal chief Sukhbir Singh Badal sustained a minor injury to his right hand after being attacked with a kirpan by a Nihang member inside a gurdwara in Nanded, Maharashtra. The assailant has been arrested, and SAD leaders are demanding a CBI probe into what they term an intelligence failure.
August 15 was the date of India's Independence, so why did transfer of power happen at the stroke of midnight August 14-15?
FIFA President Gianni Infantino is facing a deepening crisis after his proposal to sell a stake in the World Cup was abandoned, leading to public distancing from influential executives and calls for his removal from office.
A court in Jammu has ordered a detailed inquiry into an alleged Rs 500 crore 'fake silver' matter at the Shri Mata Vaishno Devi Shrine. The Chief Judicial Magistrate directed authorities to preserve evidence following an application by advocate Deepak Sharma, who alleged adulteration and pilferage of silver offerings.
The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and service providers to levy charges on UPI and other electronic payment modes. This move aims to create a sustainable revenue model for the digital payments ecosystem, shifting from the current exemption of UPI transactions from such charges.
Punjab Police have successfully dismantled two ISI-backed cross-border terror modules, leading to the arrest of nine individuals, including four juveniles. The modules were involved in recruiting local youth, conducting surveillance of security installations, and procuring illegal weapons under the direction of foreign-based ISI handlers.
Many investors are working hard as their own fund managers, unaware whether their efforts have actually rewarded them for the job.
