'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.
Astrobase Space Technologies, a Bengaluru-based startup, has unveiled 'EVEREST', India's first privately built full-flow staged combustion (FFSC) LOX-Methane rocket engine. This advanced engine, designed for reusable medium-lift launch vehicles, aims to enhance India's position in the global space economy by providing high-performance propulsion systems for future satellite deployments.
Over 130 Indian nationals, including Kailash Manasarovar Yatra pilgrims and tourists, are missing or stranded in Nepal following devastating flash floods that have cut off central districts and disrupted communication links. Indian states and the embassy in Kathmandu have launched helplines to assist those affected.
India has successfully manufactured and test-fired its first fully indigenous AK-203 assault rifle, named 'Sher', at the Korwa facility in Uttar Pradesh, marking a significant milestone in defence self-reliance with 100 per cent Indian components.
A new report by Motilal Oswal Financial Services Ltd (MOFSL) indicates that inflation, interest rates, and monetary policy have become more significant drivers of gold prices than traditional geopolitical conflicts, with markets increasingly focusing on these economic factors.
Ticket sales for the 2028 Los Angeles Olympics have surpassed 6 million, with organizers planning the next public sale for 2027, featuring new sports like flag football and squash, and the return of cricket.
The Allahabad high court has dismissed a petition filed by a minor student of a school in Prayagraj. The petitioner had sought permission to wear a hijab additionally along with the prescribed school dress code while attending classes.
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.
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.
Foreign Portfolio Investors (FPIs) have injected Rs 16,621 crore into Indian equities during the first half of August, continuing a buying spree driven by improving relative valuations, resilient corporate earnings, and expectations of softer US interest rates.
Former Australian hockey legend Jamie Dwyer believes the Indian team possesses the talent and infrastructure to become a dominant force in world hockey but stresses that 'they need to maintain consistency as a team' to realise their true potential.
Former Australia all-rounder Moises Henriques, born in Madeira, will captain Portugal in their bid to qualify for the Twenty20 World Cup for the first time, leading a 14-man squad in the Europe Sub-Regional Qualifier C in Finland.
Russia on Monday assured India of uninterrupted supply of energy and fertilisers amid disruption caused by the West Asia crisis, as External Affairs Minister S Jaishankar met President Vladimir Putin in Moscow and held talks with his key interlocutors.
India's top 11 listed real estate developers are projected to achieve combined presales of 1.82 trillion by FY27, a significant increase from 1.49 trillion in FY26, demonstrating sustained sales momentum despite market challenges.
Indian benchmark indices Sensex and Nifty saw declines in early trade, primarily due to elevated crude oil prices stemming from the unresolved geopolitical situation in the Strait of Hormuz. Analysts suggest that while global sentiment improved slightly after a benign US inflation report, the ongoing US-Iran standoff continues to exert pressure on domestic equities. Track Sensex, Nifty on August 13.
Indian benchmark indices closed marginally higher, with the Sensex gaining over 43 points and the Nifty remaining flat, as a spike in crude oil prices due to geopolitical uncertainties tempered risk appetite.
The Indian IT Ministry has engaged in 'hard talk' with Meta regarding child sexual abuse material (CSAM), leading to increased sensitivity and action from the tech giant. The government asserts that Indian laws must be followed and social media harms mitigated, with no safe harbour for violations. Discussions also covered AI labelling and the WhatsApp username issue, highlighting a global concern over social media harms.
India on Tuesday conveyed to China the importance of maintaining peace and tranquility along the Line of Actual Control (LAC) for overall bilateral ties as national security advisor Ajit Doval held talks with Chinese Foreign Minister Wang Yi focusing on delimitation of the frontier and sustaining work on trans-boundary cooperation.
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.
Cricket Scotland and the Royal Dutch Cricket Association (KNCB) have jointly criticised the International Cricket Council's (ICC) significant structural changes to the Men's 50-over World Cup qualification pathway, calling it a 'setback to Associate Member cricket' and expressing disappointment over the lack of consultation.
'India is vulnerable to the West Asia crisis in three ways: Energy costs, the business Indian companies conduct in the region, and remittances from the Indian diaspora.'
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 report by FICCI, BCG, and IBA outlines that India's banking sector must grow significantly faster than nominal GDP to support a USD 30 trillion economy by 2047, requiring banking assets of USD 45 trillion. The report highlights the sector's current strength, challenges in digitisation, and the need to enhance resilience against fraud and cyber threats, proposing a 13-point agenda for stakeholders.
The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.
India secured a comprehensive victory over Sri Lanka in the first Test, improving their World Test Championship points percentage. However, despite the win, their path to the WTC final has become significantly more challenging, requiring them to win almost all their remaining matches due to a tightly packed table and other teams' results.
MiniMines Cleantech Solutions has secured an Indian patent for its Hybrid Hydrometallurgy technology, which efficiently recovers critical minerals like lithium, cobalt, and nickel from end-of-life lithium-ion batteries and electronic waste. This innovative process, developed in India, supports sustainable battery recycling and strengthens resource security for the nation's growing demand for critical minerals.
India's IT Secretary S Krishnan announced an upcoming meeting with Meta's global team to address critical issues including lapses in tackling Child Sexual Abuse Material (CSAM), the temporary restriction of PM Modi's Facebook post, and concerns over synthetically generated information. The government expects Meta, as a leading tech company, to have robust systems to manage these challenges effectively.
A massive flash flood originating in Tibet has devastated central Nepal, killing 17 people and leaving nearly 500 missing, including 105 Indians. The deluge, caused by a rock slide near the Nepal-Tibet border, swept through districts, washing away bridges and severely damaging at least a dozen hydropower projects.
N Chandrasekaran's exit marks a major shift for TCS, leaving its leadership to navigate AI disruption without the group chairman's deep expertise.
The government is questioning the visiting Meta team on whether the company is adhering to the law of the land, following summons to the social media giant over temporary restriction of Prime Minister Narendra Modi's Facebook post recently, sources said on Thursday.
This article details the process and requirements for a vote of no confidence against the FIFA President, Gianni Infantino, following challenges to his leadership.
Animals are now the face of virality and might have already beaten human influencers at the job.
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.
According to former India coach Rahul Dravid, Vaibhav Sooryavanshi's development must balance white-ball success with sustained red-ball exposure, giving the teenager time, patience and experience to eventually become a Test cricketer.
Indian benchmark indices, Sensex and Nifty, saw declines in early trade, influenced by rising crude oil prices and ongoing geopolitical tensions in West Asia. Experts suggest that crude oil remains a primary concern, with Brent holding near USD 88 a barrel due to renewed US warnings against Iran, embedding a geopolitical risk premium in energy markets. Track Sensex, Nifty
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.
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.
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.
Sebi Chairman Tuhin Kanta Pandey has defended the newly rolled out Closing Auction System (CAS), stating that it is a transparent mechanism and that the industry needs time to understand the change. He acknowledged initial turbulence and concerns from fund houses but noted an increase in mutual fund participation.
