Indian stock markets closed lower due to selling in IT and FMCG shares, triggered by renewed tensions in West Asia which led to a rally in crude oil prices and concerns over inflation and interest rates.
India will face arch-rivals Pakistan in a crucial FIH Men's Hockey World Cup Pool D match, needing at least a draw to advance, while Pakistan must win to stay in the tournament.
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.
Former India captain and Head Coach Rahul Dravid has advised a patient approach for 15-year-old batting sensation Vaibhav Sooryavanshi, stating he requires 'a couple of seasons of red-ball cricket' to establish himself in the longest format.
A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.
A Parliamentary Standing Committee on Commerce has urged the Indian government to swiftly conclude the proposed India-US Bilateral Trade Agreement (BTA), while ensuring India's interests are protected, recommending complete exemption for key export products like generic medicines and smartphones from future US tariff increases.
India's retail inflation, measured by the Consumer Price Index (CPI), rose to 4.45 per cent in July, up from 4.38 per cent in June, primarily due to higher food prices, particularly onions and ginger. This marks the second consecutive month the inflation rate has remained above the Reserve Bank's median target.
The falling Total Fertility Rate offers India a chance to become the Pandavas -- fewer in number, but each citizen genuinely empowered, educated, and capable of contributing to a civilisation worth building, asserts Amberish K Diwanji.
The Asian Junior Classical Championship in Mumbai saw top seed Mayank Chakraborty win his opening match, while other leading contenders Vignesh Advaith Vemula and Akhilbay Imangali were held to draws. The girls' section witnessed several upsets, with lower-rated players securing draws or victories against higher-rated opponents. The tournament features a strong field of 85 players from nine federations, including International Masters and FIDE Masters.
The Reserve Bank of India (RBI) net bought $561 million in June, marking its first net purchase since February, following three consecutive months of net sales. This move coincided with a series of government and RBI measures to attract foreign capital, leading to a 0.36 per cent appreciation of the rupee against the dollar.
'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'
Sri Lanka fought back with seven wickets from Prabath Jayasuriya and Keshara Nuwantha on rain-hit Day 2 of the first Test, but Devdutt Padikkal's superb 167 powered India to 460-9.
Australian fast bowler Mitchell Starc dethroned Jasprit Bumrah to reach a career-high No. 1 in the ICC Test rankings for bowlers, after a stellar 10-wicket haul against Bangladesh.
The Indian government has imposed stockholding limits on bulk sugar consumers, restricting them to a 15-day supply if they use over 10 tonnes monthly, effective September 1 to November 30, to stabilise prices ahead of the festival season.
Google has added a new foldable to its premium Pixel line-up. The handset combines an expansive 8-inch Super Actua Flex display with a 120Hz refresh rate, Tensor G6 processing, a triple rear camera system.
Rishabh Pant has surpassed Adam Gilchrist to become the third-highest six-hitter in Test cricket, achieving the feat during India's second Test against Sri Lanka in Colombo.
If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.
The first 'Kanda Express', a dedicated rail rake carrying 453.65 tonnes of onion from Nashik, Maharashtra, has arrived in Delhi to boost supplies and help rein in soaring prices, with the onion to be sold at a subsidised rate of Rs 35 per kg.
Private banks in India are aggressively mobilising Foreign Currency Non-Resident (Bank), or FCNR(B), deposits by raising interest rates and using website countdowns, as the Reserve Bank of India's swap window is set to close on August 31, earlier than initially planned.
NBEMS will not lower FMGE qualifying standards despite protests.
Underlining that students are the "architects of India's future," President Droupadi Murmu on Friday said the government is taking comprehensive steps to reform public examinations to completely curb paper leaks and unfair means, making the system transparent, secure, and trustworthy.
New players like Maruti Suzuki, VinFast, and Tesla are significantly expanding India's electric passenger vehicle (e-PV) market, capturing an 8.1 per cent share and contributing 18 per cent of incremental registrations in the first half of 2026, according to Fada Research data.
Toxic has amassed a staggering Rs 41.75 crore in advance sales in India alone.
Microsoft has launched its fourth cloud region in India, located in Hyderabad, significantly expanding its hyperscale cloud presence. This move is part of a USD 20.5-billion investment in India's digital and AI infrastructure, aiming to support the country's rapid digital growth and meet increasing demand from major enterprises.
Sri Lankan spinners Prabath Jayasuriya and Ramesh Mendis have established the Galle International Cricket Stadium as their formidable stronghold, collectively taking 145 wickets, posing a significant challenge for visiting teams, especially India.
A new CLSA report indicates that Eternal's Blinkit is significantly widening its lead in India's quick-commerce sector, particularly beyond major metropolitan areas, by expanding its dark store network and securing a first-mover advantage in over 180 cities.
India's 19-year-old Grandmaster Pranesh M clinched the Group A title at the prestigious Kanizsa Open 2026, defeating Germany's Vadim Petrovskiy in the final round.
Former India drag-flicker Jugraj Singh has lauded current captain Harmanpreet Singh as a 'trump card' for the upcoming FIH World Cup, citing his aggressive playing style and consistent performance in crucial moments. Jugraj, who sees his own reflection in Harmanpreet's game, rates him among the world's top three drag-flickers and believes the team is well-prepared to end India's long wait for a World Cup medal.
India's manufacturing sector activity growth declined to a five-year low in July, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 53.5 from 54.2 in June, driven by a slower rise in new business orders and challenging market conditions.
The second round of the Asian Junior Open and Girls Classical Chess Championships in Mumbai saw significant upsets, with Guru Prakash defeating Asian Junior Rapid champion FM Vivaan Vishal Shah. Several other higher-rated players were also challenged or defeated, while top seeds maintained their winning streaks.
Icra predicts that the top seven Indian cities will see an 8-11 per cent year-on-year growth in housing sales value by FY27, reaching approximately 7.9 trillion, primarily driven by the ongoing trend of premiumisation and a favourable product mix.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for the defence of competition, policy autonomy, and the long-term sustainability of its payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI transactions, a move GTRI suggests should not be influenced by foreign trade complaints.
Analysts predict that the Indian stock market's sentiment this week will be primarily influenced by the domestic GDP data announcement, crude oil prices, and the crucial US non-farm payrolls report.
'Since the category has a limited track record, assess the fund manager's experience across equity and debt market cycles rather than relying only on past returns.'
Madhya Pradesh Minister Kailash Vijayvargiya has ignited a political firestorm with his controversial remarks suggesting sugar should be "very expensive" and avoided by those over 40, drawing sharp criticism from the opposition amidst rising inflation concerns.
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.
Pakistan have been fined five per cent of their match fee for maintaining a slow over-rate against India in their Group A match of the ICC Women's T20 World Cup played at Edgbaston in Birmingham on Sunday.
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.
The iQOO Z11 has joined the brand's Z series in India, with sales set to begin on August 25.
Foreign portfolio investors (FPIs) have injected Rs 30,919 crore into Indian equities in August, marking their second consecutive month of net buying. This follows a Rs 20,200 crore investment in July, indicating a potential reversal after four months of significant outflows, driven by improving corporate earnings, resilient economic activity, and a stable rupee.
