'If crude remains above $100 per barrel, with restricted retail-price increases, OMCs could face negative petrol and diesel marketing margins, higher LPG under-recoveries, higher crude-landing, freight and insurance costs, working capital and debt accumulation and inventory losses if crude subsequently corrects sharply.'
The Nomad Games, a biannual tournament of traditional nomadic sports, has drawn over 3,000 athletes from more than 100 countries to Kyrgyzstan, including many from Western nations keen to experience ancient Central Asian traditions like horseback archery and Kok Boru.
Former West Bengal Chief Minister Mamata Banerjee has filed a plea in the Supreme Court challenging the Election Commission's interim decision to freeze the Trinamool Congress' name and party symbol. The EC had allotted separate names and symbols to two rival TMC factions ahead of upcoming bypolls, a move Banerjee has strongly criticised as a "black day" for democracy.
Sri Lankan all-rounder Sonal Dinusha, who averaged 140 in the recent Test series against India, found solace and success in cricket as an escape from financial hardship. His journey, marked by dedication and a relentless work ethic, saw him rise from a child without a bat to a national hero, with coaches highlighting his unwavering commitment to the game.
The BCCI has announced new associate partnerships with Campa, SBI Life, and ChatGPT for India's home cricket matches. These deals are valued at over Rs 130 crore for two seasons, marking a 44% increase over the previous cycle and extending until March 2028. The partnerships highlight the growing commercial appeal and versatility of Indian cricket.
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.
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.
Chinese President Xi Jinping addressed the BRICS summit, urging the bloc to play a significant role in achieving peace and tranquillity in West Asia and the Gulf region. He highlighted BRICS' growth over two decades, its efforts in tackling global challenges, and its steadfastness in safeguarding the interests of the Global South. Xi called for opposing the Cold War mentality, strengthening multilateralism, and promoting cooperation in emerging domains like AI, as China prepares to chair the next summit.
Prime Minister Narendra Modi welcomed BRICS leaders, including Russian President Vladimir Putin and Chinese President Xi Jinping, at the 18th BRICS summit in Bharat Mandapam. The leaders were photographed against the backdrop of Tamil Nadu's iconic Ramanathaswamy temple, a significant Hindu pilgrimage site. Modi explained the temple's importance to President Xi, highlighting its unique status as a Char Dham and Jyotirlinga shrine, and its historical and religious significance linked to Lord Ram.
Indian kabaddi player Brijendra Singh Choudhary has been stripped of his silver medal from the Asian Beach Games after testing positive for a prohibited diuretic. The International Testing Agency (ITA) confirmed the anti-doping rule violation, which Choudhary has accepted.
I have to thank the 1980s for its soul-stirring music. It added so much melody and cheer to my life -- there hasn't been so much lovely music like that since, recalls Vaihayasi Pande Daniel.
Former Pakistan captain Salman Akbar attributes his country's hockey decline to the absence of a robust domestic structure, contrasting it with India's strategic investment in grassroots and domestic ecosystems after failing to qualify for the 2008 Olympics. He highlights India's subsequent success and calls for similar foundational changes in Pakistan.
The Athletics Federation of India (AFI) has announced a 77-member squad, comprising 34 men and 43 women, to represent India at the 2026 Asian Games in Aichi-Nagoya, Japan, with steeplechaser Parul Chaudhary leading the women's contingent.
East Bengal's women's team secured a dominant 4-0 victory over Rajshahi Stars FC of Bangladesh in their AFC Women's Champions League Preliminary Round opener, with Olivia Anokye scoring a brace and India internationals Astam Oraon and Soumya Guguloth adding to the tally.
Odisha's Koraput Coffee, specifically the 'Tiger Bright' brand, was distributed to delegates and journalists at the 18th BRICS Summit in New Delhi. This initiative has brought international attention to the Arabica coffee grown by tribal farmers in the Koraput district, highlighting the state's local produce and the 'Vocal for Local' spirit. The coffee's unique cultivation methods and the support from the Tribal Development Co-operative Corporation of Odisha Ltd (TDCCOL) have significantly boosted its market presence and benefited tribal families.
The Narcotics Control Bureau (NCB) has arrested seven individuals, including two foreign nationals, for their involvement in an interstate cocaine trafficking network operating between Bengaluru and Kerala. The operation, named 'Domino', led to the seizure of 33.1 grams of cocaine worth Rs 16.55 lakh and uncovered links to individuals previously deported from the UAE for drug offences.
Iranian President Masoud Pezeshkian concluded his visit to India for the 18th BRICS Summit, announcing that Iran and the UAE agreed to move past previous tensions. This diplomatic breakthrough occurred during talks with Abu Dhabi's Crown Prince on the summit sidelines. Pezeshkian also met with PM Modi to discuss bilateral ties and West Asia developments, with Modi emphasising dialogue for regional peace. The BRICS summit adopted the New Delhi Declaration 2026, calling for global governance reforms and de-escalation in West Asia.
The Boxing Federation of India (BFI) has announced its comprehensive selection policy for the 2028 Los Angeles Olympics. The policy outlines a four-stage qualification pathway, with medallists from the 2026 Asian Games directly qualifying for the 2027 World Boxing Championships, which serves as the first Olympic qualifier.
Buying a mature rocket technology gives companies the designs and hardware know-how, but not necessarily the decades of engineering wisdom needed to make it work.
BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.
Ishan Kishan explained how he switches from long-format cricket to T20s within days, stressing quick adaptation, a calm mindset and understanding his role during partnerships with teammates.
India head coach Gautam Gambhir revealed that dropping Sanju Samson from the England tour was his toughest decision, despite Samson being the Player of the Tournament in the T20 World Cup. Gambhir explained that while Samson was temporarily replaced by Vaibhav Sooryavanshi, the team prioritised returning to their established World Cup-winning combination. He also addressed the issue of player injuries and the challenge of Shubman Gill not having a full-strength team, emphasising the importance of long-term performance and providing opportunities for new talent.
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4% Merchant Discount Rate (MDR) on select UPI payments. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI to foster a domestic payment ecosystem and that the MDR introduction aims to create a sustainable revenue model for smaller domestic companies, thereby protecting India's sovereignty in digital payments.
The All India Football Federation (AIFF) is in a difficult situation regarding India's participation in the inaugural FIFA ASEAN Cup and a proposed friendly against Brazil, as both events clash on October 3. FIFA regulations prohibit fielding an understrength team in a sanctioned competition, forcing the AIFF to seek clarification from FIFA on its plan for separate squads.
Tata Motors Passenger Vehicles (TMPV) is strategically expanding its international footprint by launching the Nexon, rebranded as Osprey, in South Africa, a move set to significantly boost its export volumes and solidify India's position as a major automotive export hub.
The Indian women's hockey team, unbeaten in the FIH Women's World Cup, faces England in their final Pool D match. A draw secures India's top spot, but England desperately needs a win to advance. India's strong attacking and defensive performances have built confidence, though coach Sjoerd Marijne warns against complacency, highlighting England's previous victory over India and their strong play. The team aims to continue its impressive run and potentially secure a podium finish.
The Indian government has mandated that banks and payment providers cannot levy charges on UPI transactions up to Rs 2,000 or on payments made via RuPay debit cards. This directive follows an amendment to the Payment and Settlement Systems Act, 2007, aiming to sustain and expand the digital payments ecosystem.
'God has incredible plans for me and we'll see where that takes me.'
Disquiet has emerged within India's rowing camp at the Asian Games as some players claim they have been moved from their original events, with reserves taking their places. This has caused significant distress among the affected athletes just as competitions are set to begin.
The Tata Sons board has voted to reappoint N Chandrasekaran as chairman for a third five-year term, a decision influenced by the Reserve Bank of India's rejection of the company's application to surrender its NBFC registration, which revives the prospect of a stock market listing.
Luxury hotels in Delhi are experiencing a significant room crunch and a sharp increase in tariffs ahead of the BRICS Summit. Many marquee properties show no availability or are quoting rates exceeding six figures per night around the September 12-13 event, highlighting a gap in India's hospitality infrastructure.
Paralympic Committee of India president Devendra Jhajharia expressed confidence in the Indian contingent's performance at the upcoming Asian Para Games in Japan. He highlighted the team's focused training, stress-free environment, and recent successes, while also outlining long-term plans for the 2028 and 2032 Paralympics and addressing grassroots development challenges.
'IN-SPACe like an octopus is stretching its tentacles everywhere and choking ISRO.'
A cricketer or sportsman must accept that there is no guarantee in sport -- only opportunities, preparation and perseverance, points out K R Nayar.
'He's monitored from every angle and every step he is taking forward in his international career.'
Chinese President Xi Jinping is set to visit the United States from September 23 to 25 for summit talks with US President Donald Trump, with discussions expected to cover critical economic and trade issues, including AI, and the recently signed US sanctions law targeting countries buying Russian oil and gas.
'Xi is conveying that China is a pre-eminent power, and India should modulate its actions or approaches accordingly.'
Scientists have discovered a rare leafless orchid species, Gastrodia keyiensis, in a remote gorge along the Keyi River in Arunachal Pradesh. This elusive orchid, which lacks leaves and chlorophyll, relies on soil fungi for nutrients and was found at an altitude of around 1,000 metres. The discovery highlights the rich biodiversity of Arunachal Pradesh and the need for conservation.
Aisam ul Haq Qureshi, President of the Pakistan Tennis Federation, has announced he will compete as a doubles player in the upcoming Asian Games in Aichi-Nagoya, Japan.
Nishu has won the 53kg category at the national selection trials, setting up a final bout against Asian Games-bound Antim Panghal for a spot in the Senior World Wrestling Championships. Other wrestlers like Kajal, Simran, Neelam, Tapsya, and Srishti also secured top positions in their respective weight categories, showcasing the depth of talent in Indian wrestling.
