Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.
Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.
Cognizant reported a 1.4 per cent year-on-year dip in net profit for the April-June quarter to $636 million, while revenue grew 4.5 per cent to $5.5 billion. The company has also cut the top end of its annual guidance, citing a slowdown in macroeconomic conditions and rising uncertainty.
Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.
India's government has implemented stringent new regulations under the Telecommunications Act 2023, mandating that all communication infrastructure providers, including those utilising cloud-based networks, must store telecommunication data exclusively within the country, a move expected to significantly impact domestic data centre demand.
The US Department of Labour's Office of the Inspector General has initiated an investigation into alleged fraud in H-1B and PERM work visa programmes. Indian IT firm Cognizant is among the companies under scrutiny for widespread schemes involving fraudulent applications, exploitation of foreign workers, and undercutting American labour. The probe aims to dismantle networks exploiting the guest worker visa system.
Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.
Infosys co-founder Nandan Nilekani stated that artificial intelligence will amplify, not replace, IT firms, projecting a massive USD 400 billion AI-first services opportunity by 2030. Addressing shareholders, he highlighted Infosys's readiness to help clients navigate enterprise AI complexities and capitalise on the structural shift in technology.
'Hiring within IT services firms is going to be very specialised.'
The Directorate General of Maritime Administration (DGMA) has instructed shipping companies to avoid deploying Indian sailors on vessels transiting the Strait of Hormuz due to the ongoing West Asia crisis, following recent attacks on two vessels carrying Indian seafarers.
Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.
Maharashtra Chief Minister Devendra Fadnavis has ordered probes into multiple allegations of sexual harassment and forced religious conversion at a Spanish multinational in Pune, a government-run ITI in Solapur, and a TCS unit in Nashik. The CM highlighted a pattern of such incidents in corporate firms and suggested forming a panel of women legislators to review existing laws and recommend improvements.
The India Meteorological Department has issued a 'red' alert for Mumbai, Thane, and Raigad districts, forecasting heavy to very heavy rainfall and strong winds. Residents are advised to avoid unnecessary travel, and warnings include potential flash floods, structural damage, and disruptions to essential services. The Brihanmumbai Municipal Corporation has also urged caution and deployed officials to monitor the situation.
A businessman in Palghar has been booked for allegedly abetting the suicide of a construction firm owner, who ended his life by jumping in front of a train.
In the race for 87 Medium-Altitude Long-Range, Endurance unmanned aerial vehicles deal, around 10 bids have been received from Indian private and public sector firms.
The Delhi High Court has ordered the winding up of Paytm Payments Bank Limited (PPBL) following the Reserve Bank of India's cancellation of its banking licence due to non-compliance and concerns over depositor interests.
Karnataka Minister Priyank Kharge has stated the state government's "zero tolerance" policy regarding the alleged abuse of toddlers at a Bengaluru daycare centre. An explanation has been sought from the company, and action will be taken based on the inquiry report. Five nannies have been arrested, and police are investigating the alleged physical and mental abuse.
Two employees of a construction firm in Mumbai have been booked for allegedly blocking the new Kalina-BKC Link Road with cranes and other materials, leading to an FIR after viral videos and a failure to comply with MMRDA's request to clear the stretch.
Roberto Mancini has returned for a second spell as Italy coach, vowing to revive the Azzurri's fortunes after the nation missed the last three World Cups and failed to win a major trophy since Euro 2020 under his previous leadership.
Former Italy manager Roberto Mancini is set to return for a second spell as the national team coach, replacing Gennaro Gattuso, who departed after Italy failed to qualify for the World Cup for the third consecutive time.
Meta wrote to the government on Wednesday outlining the specifics of enhanced and rigorous safeguards it has now implemented for content posted by the Prime Minister and other prominent accounts, according to sources.
Temasek is exploring investment opportunities in India's booming IPL cricket league, a senior executive told Reuters, making the Singapore state investor the latest player to target one of the world's richest sports tournaments.
Hyundai India Couture Week 2026 served up two very different visions of couture this weekend. While Falguni Shane Peacock looked beyond India's borders for inspiration, Rohit Bal turned the spotlight firmly onto the artisans who shaped his legacy.
Rajesh Mehta, Chairman of Rajesh Exports, has distanced his firm from LIC's investment decisions, stating, "We don't even know where LIC's office is. We have no contact, no connection. This decision of buying shares through the secondary market is their own decision in a prudent commercial manner."
Hyundai India Couture Week 2026 proved that couture is no longer confined to a runway. From immersive presentations to futuristic craftsmanship and delicate romance, Tarun Tahiliani, ROSEROOM by Isha Jajodia and Rimzim Dadu each offered a distinct vision of what modern Indian couture can be.
Azim Premji's private investment firm, Premji Invest, has quietly built a formidable portfolio of 11 AI startups, primarily in the US, with a combined valuation of $43 billion. The firm has participated in 19 funding rounds since 2021, with a notable focus on US-based companies, many of which were founded by Indian entrepreneurs.
Indian benchmark indices Sensex and Nifty tumbled nearly 1 per cent for the third consecutive day, driven by a sharp spike in crude oil prices and significant selling in bank stocks, with Brent crude jumping to USD 95.27 per barrel.
Indian golfers Ceerat Kang and Guntas Kaur Sandhu are performing strongly at the Malaysia Ladies Amateur Open, both securing spots within the top-10 after the second round. India's team is currently placed third, just four strokes behind the leaders, highlighting a promising performance from the young talents.
The Indian Embassy in the US strongly refuted a New York Times headline referring to "Pakistani Kashmir," asserting that there is only Pakistan-occupied Kashmir (PoK) and that Jammu & Kashmir and Ladakh are integral parts of India. The embassy highlighted Pakistan's illegal occupation and exploitation of these territories, linking it to ongoing protests in PoK.
TRAU FC and NEROCA FC played out a goalless draw in a high-intensity Imphal Derby during the Durand Cup. Both teams created numerous scoring opportunities, with goalkeepers making crucial saves. TRAU FC finished the match with ten men after Adriko Rogers received a red card, but NEROCA FC failed to capitalise on their numerical advantage.
Listed capital market companies in India delivered strong fourth-quarter earnings growth, with a universe of 12 firms posting 30 per cent year-on-year revenue growth and 19 per cent earnings growth in Q4FY26, despite mark-to-market (MTM) losses impacting headline profitability for some.
Dreamfly Innovations is setting up a 40,000-sq ft aviation battery manufacturing facility in North Bengaluru with an investment of Rs 40 crore. This plant will produce advanced batteries for various drone applications, supporting India's growing drone economy and domestic drone makers.
The CEO of Noida-based IT firm ThynkTech India OPC Pvt Ltd has been arrested in connection with the sudden closure of its Pune branch, which left around 500 employees jobless. The company is accused of withholding salaries and financial irregularities.
Indian benchmark indices Sensex and Nifty saw gains in early trade, driven by a decline in crude oil prices due to easing geopolitical tensions in West Asia and strong buying interest in the IT sector.
Indian benchmark indices Sensex and Nifty recorded sharp gains, rising over 1 per cent, driven by strong performances in IT stocks, HDFC Bank, and renewed foreign fund inflows, despite mixed global cues and elevated crude oil prices.
India's private sector activity slowed to a four-year low in July, with the HSBC Flash Purchasing Managers' Index (PMI) falling to 54.3, driven by weakened sales and output amidst renewed tensions in West Asia and rising inflationary pressures.
The FIFA World Cup final between Spain and Argentina garnered nearly 63 million viewers in the United States, setting new viewership records and highlighting football's increasing popularity in the country.
Model Rhiya Ahir, who gained viral attention for blocking a police van during student protests in Mumbai, has filed a complaint with cyber police alleging online harassment, deep-fake videos, and abusive trolling following her widely circulated protest image.
Former India cricketer Rajesh Chauhan has been booked for allegedly cheating a man of over Rs 15 lakh by promising a transport contract with a steel company, a case registered on court orders under Section 316(2) of the Bharatiya Nyay Sanhita.
Indian stock markets ended a five-day losing streak, with the Sensex surging 776 points and the Nifty gaining 228 points, driven by a significant drop in crude oil prices and easing geopolitical tensions in West Asia.
