Analysts predict that the Reserve Bank of India's interest rate decision, the evolving situation in West Asia involving the US-Iran conflict, and crude oil prices will be the primary factors influencing investor sentiment in the Indian stock market this week.
'The prohibition regime has been accompanied by concerns regarding the expansion of the illicit liquor trade, increased enforcement challenges and corruption, and the growing use of alternative intoxicants, including illicit drugs.'
Prime Minister Narendra Modi addressed the 57th Convocation Ceremony of IIT Delhi, advocating for increased female participation among medallists and awardees. He also advised graduates against social media distractions, encouraged self-improvement, and inaugurated the Param Pragya AI supercomputing facility.
China sailed through the crisis in the Strait of Hormuz relatively unscathed even as the impact of its steps shielded other consuming nations from having to pay high crude oil prices.
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 overhaul comes after a series of controversies surrounding the conduct of examinations administered by NTA, which has faced questions over examination security and its handling of irregularities.
India now ranks among the world's top three destinations for both AI and STEM talent, holding roughly a 6 per cent share of globally mobile AI talent and a 7 per cent share of STEM talent.
The Delhi High Court has dismissed a lawsuit by news agency ANI against OpenAI, ruling that ChatGPT's use of copyrighted material for training large language models (LLMs) constitutes fair dealing under the Copyrights Act. The court emphasised that restraining AI development would be detrimental to India's growth in the field and public interest.
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.
Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.
Hyderabad-based Midwest Ltd has become the first Indian private company to secure overseas critical mineral mines, sealing a deal with Indonesia's state-run PT Perusahaan Mineral Nasional (PERMINAS) to ensure a long-term supply of rare earths.
rediffGURU Ravi Mittal shares a list of dos and don'ts to stay safe while using online matrimony platforms.
'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'
While charger deployment is yet to begin, the scheme has supported the sale of 2.65 million EVs as of July 22.
The Central government has approved an additional Rs 1,000 crore for electric two-wheelers (e2w) under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, extending incentives for the segment until March 2028.
Bar Council of India (BCI) Chairman Manan Kumar Mishra has issued an apology to law students, particularly those from NALSAR, for any hurt caused by the recent controversy surrounding their convocation and enrolment, urging them to make independent decisions.
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.
A 30-year-old PhD student in Pune allegedly committed suicide, prompting the arrest of her research guide for alleged harassment. The student left a note accusing the guide of inappropriate behaviour.
'It could be in IT, it could be in administration, it could be in legal, it could be in technical services, but entry level jobs are rapidly disappearing because AI is taking them over.' 'So, the big question what would happen if the bottom rung of the ladder is removed?'
A new study published in The Lancet Public Health journal reveals that almost all countries are overusing 'watch' class antibiotics, which are stronger drugs meant for specific conditions and contribute significantly to antibiotic resistance. The research developed a framework to assess appropriate antibiotic use and found that while many countries overuse antibiotics, particularly the 'watch' category, some also underuse 'reserve' antibiotics, potentially leaving patients with drug-resistant infections untreated. The study highlights a global inequality where lower-income countries need more specialised antibiotics but higher-income countries use them more.
Tata Consumer Products reported healthy revenue growth in Q1 FY27, driven by its India branded business and accelerating momentum in newer segments, which are now expected to sustain double-digit sales growth and improve profitability.
India's Ambassador to the US, Vinay Mohan Kwatra, has clarified that the recent amendments to the Foreign Contribution (Regulation) Act (FCRA) are primarily aimed at enhancing transparency and ensuring accountability in foreign financial flows.
JSW MG Motor India has unveiled ADAPT, India's first multi-powertrain new energy vehicle (NEV) platform, designed to support electric, hybrid, plug-in hybrid, and range-extender electric vehicles. The company plans to launch one electric SUV and one plug-in hybrid SUV based on this architecture during FY27, aiming to broaden its NEV portfolio and accelerate adoption in India.
Indian pharmaceutical companies are not rushing to relocate manufacturing to the United States despite former President Donald Trump's renewed threat of tariffs up to 200 per cent on imported generic drugs. Instead, they are leveraging existing US plants, contract manufacturers, and making selective investments in complex products while maintaining India as their primary production hub.
Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.
'He wanted to know what products I'd brought along, so I showed him jackfruit flour, which research has linked to managing type 2 diabetes.' 'Then jackfruit seed flour, a strong source of protein that rural households have eaten for generations without it ever becoming a commercial product. I gave him ripe jackfruit chips too.'
The National Testing Agency (NTA) is reviewing its internal processes and protocols following lapses in three papers of the UGC-NET June 2026 examination, leading to re-tests for English, Commerce, and Sociology. The agency stated it proactively identified issues and is taking corrective measures to ensure fair and error-free examinations, amidst strong criticism from opposition leaders.
Cabinet Secretary T V Somanathan and Home Secretary Govind Mohan have been granted a one-year extension in their service by the Appointments Committee of the Cabinet. Somanathan's tenure is extended beyond August 2026, and Mohan's beyond August 2026, up to August 2027, under special provisions for key government officials.
'Chandrasekaran wanted a five-year extension, but the Tata Group has a policy of 65 years as the retirement age for its executive chairman.'
India is projected to attract between $80 and $85 billion through the Reserve Bank of India's (RBI) concessional swap facility, designed to boost foreign currency inflows, according to an SBI research report.
Gold futures saw a significant rise for the second consecutive day, driven by strong overseas market rallies, increased safe-haven demand due to geopolitical uncertainties, and a weaker US dollar. This surge coincided with the Reserve Bank of India's decision to maintain its repo rate, reflecting a focus on growth amidst global inflation concerns and easing oil prices.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a significant spike in crude oil prices, driven by escalating geopolitical uncertainties, despite positive cues from Asian and US markets.
Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.
The Nifty and Sensex outperformed Asian peers in South Korea, Japan, Taiwan and China.
90 per cent of institutions recorded no improvement in international student metrics, despite government initiatives such as the Study in India programme, UGC regulations on internationalisation, and efforts to attract foreign students.
Doctors and researchers are increasingly concerned about the potential link between exposure to polluted air during pregnancy and its influence on foetal development, particularly the male reproductive system. While hypospadias, a common congenital abnormality, is multifactorial, endocrine-disrupting chemicals in air pollution are being investigated for their role. Experts call for more research and advise expectant mothers on preventive measures.
HCLTech, India's third-largest IT services company, announced plans to establish a global technology centre and an AI-optimised data centre in Bhubaneswar, Odisha, with a total investment of approximately Rs 15,000 crore, marking its entry into the AI infrastructure business.
Inflows into foreign currency non-resident (bank), or FCNR (B), deposits have significantly underperformed market expectations, leading to a more than 1 per cent depreciation of the rupee against the dollar this week. Analysts point to fading RBI support measures, tepid interest due to rising global bond yields, and narrowing interest rate spreads compared to 2013 as key challenges.
Tech giant Apple reported a record June quarter revenue of USD 109.4 billion, a 16 per cent year-on-year increase, with significant double-digit growth in emerging markets like India. However, the company anticipates business risks in the coming quarters due to rising memory chip prices and ongoing supply constraints.
