Indian benchmark indices Sensex and Nifty experienced a significant slump, with the Sensex tumbling 719.08 points, driven by escalating West Asian tensions, a sharp rise in crude oil prices, and a global sell-off in technology stocks.
'Dolly Parton managed to give the world the ultimate mystery and fantasy in some corners of her life, but to give full transparency in the ways that counted. Somehow she was true grace and true grit, all in one dazzling person.'
Russian President Vladimir Putin and Chinese President Xi Jinping have reaffirmed their commitment to dismantling global hegemonism and building a 'multipolar world' during high-level talks in Beijing.
Jorge Messi, father of football icon Lionel Messi and his long-time representative, has passed away at the age of 68 in Rosario, Argentina, after a prolonged illness. He was a crucial pillar of support throughout his son's career, from his early days at Barcelona to his current stint with Inter Miami.
A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.
Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.
Regional football powerhouses, including UEFA, AFC, and CONCACAF, are reportedly discussing a vote of no confidence against FIFA President Gianni Infantino. This move comes after Infantino angered them with a proposal to sell a stake in the World Cup to private investors. Despite significant opposition, Infantino retains support from some member associations, particularly from Africa, complicating any challenge to his leadership ahead of the 2027 election.
'... 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.'
Mahindra Group Chairman Anand Mahindra announced the company would adopt an 'attack mode' strategy, accelerating investment, innovation, and execution to capitalise on opportunities arising from prolonged geopolitical and economic uncertainty.
BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.
7 Dogs has all the money, stars and kinetic action you could want, but its vanity-project sheen cannot hide a painfully generic screenplay, observes Sreeju Sreedharan.
A new study by IIT Kharagpur researchers, published in Nature Communications, reveals that urban growth patterns significantly influence future cooling demand in cities. The research highlights that a city's "thermal memory," shaped by decades of development decisions, impacts its heat burden and energy requirements, independent of global temperature rises. The study analysed 88 Indian cities and a global sample of 52 cities over two decades.
Tata Consultancy Services (TCS) and Google Cloud have inaugurated a new Gemini Experience Center (GEC) in Mexico City. This facility, the second in Latin America and ninth globally for TCS, is equipped with over 3,000 AI agents and aims to drive industry-specific AI solutions across various sectors. It will help organisations bridge the gap between AI experimentation and implementation, enhancing innovation and data-driven decision-making in the region.
From a child star to a superhero icon and horror favourite, Hayden Panettiere left behind a memorable body of work far beyond her years.
Rising Indian badminton talent Unnati Hooda attributes her rapid progress to her father, Upkar Hooda, who left his job to mentor her full-time.
IndiGo Managing Director Rahul Bhatia has stated that the airline has 'taken all the necessary steps' to learn from the operational disruption faced in December last year, while outlining a long-term vision focused on customer trust, international expansion, and establishing India as a global aviation hub.
New Delhi must look for formal, institutional statements issued directly from Washington rather than rely on casual pronouncements meant for local audiences, notes Ambassador Rajasekhar.
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.
Change of guard in some states and evolving El Nino dynamics are triggering fresh actions on raging water-sharing disputes in several states.
RBI Deputy Governor Rohit Jain discussed the future of India's foreign exchange markets, highlighting the increasing role of local currencies in cross-border trade, the impact of technology, and existing challenges. He emphasised the need for market evolution to facilitate India's global engagement, absorb shocks, and serve all users efficiently. Jain also addressed concerns about unauthorised forex trading platforms and the importance of customer awareness.
Tata Motors Passenger Vehicles (TMPV) reported Q1FY27 results showing significant margin pressures at both Jaguar Land Rover (JLR) and its domestic operations, despite strong volume growth in the India business. Analysts expect these margin headwinds to persist, potentially offsetting gains from increased sales and new launches.
Abhinav Bindra, India's first individual Olympic gold medallist, reflected on the 18th anniversary of his historic win at the Beijing Olympics, stating, 'Life since has taught me that the spaces between the peaks matter just as much.'
N Chandrasekaran not only faces muted financial performance from the group's listed companies, but also mounting losses at Tata Sons' unlisted subsidiaries, many of which have been set up by him in the last decade.
'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'
Mahindra Racing CEO Frederic Bertrand has stated that while Indian reserve driver Kush Maini has the potential to become a Formula E driver, the team will not compromise its competitive ambitions for nationality.
'Being the defending champions certainly gives us confidence, but every Olympiad is a new event and starts from scratch.'
The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.
India's top paddler Manush Shah believes the Butterfly Ultimate Table Tennis (UTT) campaign has significantly boosted team chemistry and momentum, providing a 'perfect platform' for the upcoming Asian Games.
India and Japan have signed a Memorandum of Arrangement on maritime security cooperation, committing to deepen defence ties and oppose unilateral actions that impede freedom of navigation in the Indo-Pacific, a move seen as directed at China's increasing military presence.
Former India cricketer Harbhajan Singh believes the exploding popularity of T20 leagues, particularly the IPL, poses a significant threat to the future of bilateral international cricket, stating that '70 per cent (people are watching club cricket instead of international cricket)'.
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.
Microsoft has announced the activation of its latest data centre in Hyderabad, significantly expanding its Cloud infrastructure in India and enabling organisations to leverage AI-era services with enhanced local choice and security.
West Bengal Chief Minister Suvendu Adhikari has assured the All India Football Federation of full government support to host India's biggest-ever international football fixture against five-time World Cup champions Brazil in Kolkata on October 3. This historic match will be India's first against a top-five FIFA-ranked nation, offering crucial exposure to the national team despite initial concerns over crowd management.
Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.
Formula E is entering its Gen4 era with ambitious plans to close the performance gap with Formula One, aiming for near-F1 speeds on several tracks by the end of the next four-season cycle. The all-electric series anticipates Gen4 cars reaching 335 kmph with significant lap time improvements, driven by advanced technology and high efficiency. Despite manufacturer exits, co-founder Alberto Longo asserts continued interest, while CEO Jeff Dodds believes electric racing could eventually surpass F1 in performance, bolstered by new partnerships like Disney+ to boost awareness.
Trade negotiations between the United States and Canada have collapsed, leading to the US imposing 50% tariffs on nearly $28 billion worth of Canadian imports, with Canada immediately vowing to retaliate dollar-for-dollar.
The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.
Smriti Mandhana is the only Indian named in TIME's 100 Most Influential People in Sports 2026 list, joining global icons such as Lionel Messi, Cristiano Ronaldo and LeBron James after another record-breaking year in cricket.
Argentine football legend Lionel Messi has reportedly suspended his professional career indefinitely following the death of his father, Jorge Messi, at 68 after a prolonged illness.
A senior Microsoft executive says India is uniquely positioned to lead the next phase of global AI deployment, driven by a massive developer base, rapid enterprise adoption, and robust digital public infrastructure.
