Finance Minister Nirmala Sitharaman announced that India's real GDP grew by 7.8 per cent in the April-June quarter, surpassing the RBI's forecast. She attributed this strong performance to government reforms and agile economic management, reaffirming the government's commitment to expanding economic opportunities.
Amardip 'Amo' Dhariwal, a 55-year-old Indian-origin former British Airways cabin crew manager, has been convicted of sexually assaulting a female colleague at his home in Berkshire, UK. The conviction followed a nine-day retrial after a previous hung jury. Dhariwal is awaiting sentencing on October 29. Two other women also provided "bad character evidence" regarding alleged assaults outside the UK, though those charges were discontinued due to jurisdiction issues.
India women's bowling coach Avishkar Salvi detailed the team's comprehensive workload management plans for all bowlers, ensuring optimal performance through various phases of training and rest. He also addressed the recent batting collapse against Thailand, acknowledging occasional shortfalls but highlighting the team's resilience and lower-order contributions.
JAKSON Group has appointed Ivan Saha as the Managing Director of its integrated Solar Manufacturing business. Saha, with over 31 years of experience in the semiconductor, solar, and sustainable energy sectors, will oversee technology, operations, and business growth, supporting JAKSON's expansion and backward integration plans in the solar value chain.
Aston Villa manager Unai Emery has stated that the frequent transfer dealings between Aston Villa and Chelsea are purely business transactions, not indicative of a special relationship.
China has deployed 72 "robot employees" across Beijing's municipal parks to perform various tasks like cleaning, patrolling, guiding visitors, and pest control. This initiative is part of China's "Robot Plus" strategy, driven by an ageing population and labour shortages, and showcases the growing domestic service robot market. These AI-powered robots enhance efficiency and visitor experience in popular attractions like the Summer Palace and Zizhuyuan Park.
Ranjit Bajaj has declined the manager role for the India U-15 men's national team for the upcoming FIFA U-15 World Cup, citing fundamental differences in footballing philosophy with head coach Bibiano Fernandes.
Keegan's family and Newcastle announced in January that the two-time European Footballer of the Year was undergoing cancer treatment, without disclosing details of his illness.
The initial public offer (IPO) of SBI Funds Management Ltd was fully subscribed on the second day of bidding, receiving bids for 1.17 times the shares on offer, with strong interest from non-institutional investors and anchor investors.
Following devastating floods in Nepal, Kathmandu has initiated mass burials for unidentified victims as morgues have exceeded capacity. Security forces are burying bodies with markers and collecting DNA samples for future identification. The government has amended the Unidentified and Unclaimed Bodies Management Guidelines, 2021, to facilitate the management of disaster victims, including provisions for autopsies, DNA collection, and temporary burial with identification markers.
SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.
Former Australia batter Usman Khawaja has criticised the Pakistan Cricket Board's director of high performance, Aaqib Javed, over his comments regarding the team's major shake-up during the Test series against England.
Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
'There is no harm in sending young players to show the world that Pakistan cricket still has talent.'
Shares of HDFC Bank rose nearly 3 per cent after its Managing Director and Chief Executive Sashidhar Jagdishan decided not to seek reappointment after his current term concludes on October 26.
'Value is not where you make money in India. It never has been.' 'You have to buy momentum.' 'Momentum is in technology, and I don't see that slowing down because I believe the AI infrastructure boom is going to last for a while.'
'There is mis-alignment in strategic thinking of the board and management.' 'As the business environment and customer behaviour evolve rapidly, boards are increasingly looking for leaders who can bring new ideas and challenge legacy approaches.'
Chelsea, under new manager Xabi Alonso, has shown renewed attacking vigour with two Premier League wins and a League Cup victory, highlighted by a 4-3 win over Brighton, but defensive vulnerabilities persist, with the team failing to keep a clean sheet in 18 league games. The arrival of World Cup-winning goalkeeper Emi Martinez is expected to bolster the backline.
SBI Funds Management Ltd. is set to list on stock exchanges next week following its Rs 11,692 crore Initial Public Offering (IPO), which involves an Offer for Sale (OFS) of a 10 per cent stake by SBI and Amundi.
Flexi-cap mutual fund schemes have attracted nearly Rs 50,000 crore in net inflows during January-July 2026, a 27 per cent increase year-on-year, as investors increasingly favour dynamic equity strategies.
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).
'The changes in its leadership team will help address the scepticism that has engulfed the bank over the recent period.'
The body of Vikram Rana, the last person missing after the July 7 landslide at the Anakkampoyil-Meppadi tunnel project site in Kalladi, Wayanad, Kerala, has been recovered. This brings the death toll to eight. A massive search operation involving multiple agencies led to the discovery of the construction manager's body, concluding the search efforts.
"When you have more liquidity than good investment opportunities, there is no reason for MFs to sell a winning trade."
If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.
Siddhesh Lad has been appointed as the new captain of the Mumbai Ranji Trophy team, replacing Shardul Thakur, who was relieved to manage his workload. Lad, a seasoned batter, returns to lead the domestic giants after a stellar previous season.
The Raman Kant Munjal Scholarship for 2026-27, initiated by the Raman Kant Munjal Foundation and supported by Hero FinCorp, is designed to help students in finance-related fields achieve their career aspirations.
The Shri Ram Janmbhoomi Teerth Kshetra Trust is set to appoint the first Chief Executive Officer (CEO) for the Ram temple in Ayodhya. A selection committee is expected to submit three shortlisted names on Wednesday, following an extensive search process that reviewed approximately 5,500 applications. This move comes after the Trust acknowledged that donation theft had harmed its image, aiming to ensure superior management and restore devotee faith.
Devastating flash floods in Nepal, triggered by an ice and rock collapse, have led to over 900 deaths and 4,000 missing. Rescue operations by security personnel are severely hampered by critical shortages of specialised equipment, including thermal cameras, body bags, ropes, and helicopters. International assistance from India and China is aiding the search for missing workers, highlighting Nepal's long-standing disaster management capacity issues and inadequate funding.
HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.
The BCCI has summoned Gautam Gambhir, Ajit Agarkar and V V S Laxman to Mumbai on Thursday to review India's disappointing performances in Ireland and England.
Sashidhar Jagdishan, the managing director and chief executive of HDFC Bank, has opted out of being considered for reappointment after his current term ends on October 26, choosing to retire after nearly three decades with the lender.
Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.
The Sports Authority of India (SAI) has appointed Prashant Singh, a former Khelo India Scheme official with over a decade of experience, as the Regional Director for its Gandhinagar centre. He will also oversee operations across Gujarat and Rajasthan, with a focus on developing Para Sports.
Babar Azam's fever adds to Pakistan's mounting troubles before the Edgbaston Test, with the PCB overhauling the squad and coaching staff after England secured an unassailable 2-0 lead.
The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.
A three-year-old nursery student in Delhi was allegedly sexually assaulted by her school bus driver, leading to his arrest. Police have formed a Special Investigation Team (SIT) and issued an advisory to schools regarding staff verification and vehicle use.
Argentina manager Lionel Scaloni discussed his team's hard-fought 3-2 extra-time victory over Cape Verde in the World Cup last-32, emphasising the unexpected difficulty of the match despite being heavy favourites. He praised his players' resilience and character, acknowledging the physical toll and the need for improvement, while also highlighting the unique "suffering" inherent in being Argentine in football.
State-run ONGC plans a massive Rs 1 trillion investment in deepwater exploration over the next five years, aiming to drill 87 wells to counter declining domestic crude oil and natural gas production. The company is also establishing a trading firm and its overseas arm, OVL, is pursuing operatorship of assets in Venezuela.
Air Marshal (retd) Jeetendra Mishra has been appointed as the first Chief Executive Officer (CEO) of the Shri Ram Janmbhoomi Teerth Kshetra Trust. His selection follows a rigorous process and comes amidst a recent controversy regarding alleged embezzlement of temple donations.
