Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.
Foreign Portfolio Investors (FPIs) withdrew Rs 49,340 crore (USD 5.16 billion) from Indian equities in June, driven by global risk aversion, a preference for developed markets, soaring US bond yields, and stretched domestic valuations, bringing total withdrawals to Rs 2.7 lakh crore so far in 2026.
Indian athlete Tejaswin Shankar finished Day 1 of the Commonwealth Games men's decathlon in second place, just 14 points behind leader Damian Warner. Shankar delivered strong performances in high jump and long jump, positioning himself well for a medal as the competition heads into its decisive second day.
India's Tanvi Khanna, ranked 74th in the world, secured the women's title at the HCL Squash PSA Challenger Tour-Mumbai. She achieved a remarkable comeback from two games down to defeat Egyptian second seed Farida Walid in a thrilling five-game final. This marks Khanna's fifth PSA title. Malaysia's Mohammad Syafiq Kamal won the men's title.
Indian weightlifter Martina Devi Maibam secured a fifth-place finish in the women's +86kg category at the Commonwealth Games in Glasgow, achieving a total lift of 245kg despite a challenging start in the snatch event.
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.
An Indian man, Avinash Narne, has been charged with first-degree murder in the US state of Washington, almost nine months after his wife, Raajitha Sabbineni, was found dead. Prosecutors allege Narne premeditated the strangulation, staged the crime scene, and had a secret romantic relationship with another woman in India, to whom he allegedly sent photos of his wife's body.
Indian benchmark stock indices, Sensex and Nifty, experienced mixed trading following the introduction of a new Closing Auction Session (CAS) for shares with futures and options (F&O) contracts, aimed at enhancing price discovery transparency. Track Sensex, Nifty on August 4
Former Odisha Chief Minister Naveen Patnaik has expressed strong "anguish" over the Indian hockey team's decision to change its traditional blue jersey to saffron for the upcoming FIH World Cup. Patnaik, whose state government previously sponsored the team, criticised the move as "petty politics" and an attempt to erase sporting legacy, alleging pressure from the BJP government in Odisha. Hockey India stated the saffron colour symbolises courage, sacrifice, and new beginnings, inspired by the national flag.
Jammu and Kashmir seamer Auqib Nabi earned his maiden call-up to the Indian team after he was named as Jasprit Bumrah's replacement for the upcoming two-match Test series in Sri Lanka.
Indian boxer Sakshi Chaudhary has secured at least a bronze medal at the Commonwealth Games by advancing to the 51kg category semifinals. She defeated Northern Ireland's Caitlin Fryers 5-0, becoming the fifth Indian boxer to guarantee a medal at the Games.
Minerva Academy FC, a Punjab-based football club, is set to participate in the Helsinki Cup in Finland and the Gothia Cup in Sweden this month. This marks their second consecutive year in these prestigious European youth tournaments, having previously won the Gothia Cup in the U-14 category and reached the Helsinki Cup final.
Mizoram Chief Minister Lalduhoma has called for the state to become a hub for Indian futsal, producing players capable of leading the national team to the FIFA Futsal World Cup. Speaking at a felicitation for Tlangnuam Futsal Club, he emphasised nurturing talent for international success and highlighted government investment in sports infrastructure.
An Indian Parliamentary standing committee has demanded an apology from Meta chief Mark Zuckerberg within three days for the temporary removal of Prime Minister Narendra Modi's video from Facebook, threatening to withdraw immunity under the IT Act if he fails to comply. The committee also pushed for government action against Google India regarding financial fraud.
Indian-origin American golfer Akshay Bhatia delivered a flawless eight-under 62 at the Travelers Championship, moving into a tie for third place. His bogey-free round places him four shots behind leader Scottie Scheffler, highlighting his strong contention for the title. Other Indian-origin players, Aaron Rai and Sahith Theegala, also made progress in the tournament.
Public-sector banks (PSBs) have reported a substantial increase in non-interest income for Q1FY27, primarily driven by the sale of Priority Sector Lending Certificates (PSLCs) backed by their rapidly expanding gold loan portfolios. This strategy has allowed several lenders to book significant profits by exceeding priority sector lending targets.
Indian stock market benchmark indices, Sensex and Nifty, saw significant gains in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions, alongside renewed foreign fund inflows.
Almost five decades after Pele ignited Kolkata's romance with Brazilian football, the iconic yellow jersey is set to return to the City of Joy, with the record five-time World Cup champions Brazil scheduled to face India in a landmark international friendly at the Salt Lake Stadium on October 3.
Indian-American golfer Akshay Bhatia is in a strong position, tied for third place at the Travelers Championship, heading into the final round. Despite slipping five shots behind leader Viktor Hovland, Bhatia, who previously won the Arnold Palmer Invitational this season, is aiming for his fourth PGA Tour title. The tournament also features a close battle between Hovland and world No. 1 Scottie Scheffler.
'GenZ today is close to 45 to 50 per cent of the overall shopping journeys in the country. They are also very content-first in terms of entertainment or otherwise, general gratification of content and discovery.'
Abhishek Sharma scored a sensational 233 runs off just 91 balls, including 25 sixes, in a senior inter-district One-day match in Punjab. This explosive knock comes at a crucial time for the left-hander, who has been struggling for form in international T20I cricket despite his past success and destructive batting ability.
India's men's volleyball team achieved an unbeaten run to the AVC Men's Volleyball Cup semi-finals, propelling them to World No. 42. Head coach Dragan Mihailovic attributes this success to discipline and a structured system but stresses the need for consistent international exposure, longer national camps, and a robust development pathway to sustain and build upon this momentum, especially amidst administrative uncertainty in Indian volleyball.
In a highly sensitive and time-bound mission, a live donor heart was successfully transported aboard a Vande Bharat train from Surat to Ahmedabad on Friday for transplantation at a prominent cardiac teaching hospital in Gujarat's commercial capital.
Asmita Dey has made history by becoming the first Indian judoka to win a gold medal at the Commonwealth Games. She clinched the women's -48kg title after a spirited comeback against Canada's Heidi Quach in a dramatic golden score contest. This victory marks a significant milestone for Indian judo at the CWG.
Former India women's hockey team captain Asunta Lakra has challenged the ethics proceedings initiated against her by Hockey India, citing procedural irregularities and questioning the Ethics Committee's jurisdiction. Lakra denied all allegations as 'false, baseless, malicious, motivated and defamatory' and is seeking full disclosure of documents before providing a detailed reply.
Indian triple jumpers Praveen Chitravel and Selva Prabhu Thirumaran secured silver and bronze medals respectively at the Glasgow Commonwealth Games, with Chitravel jumping 16.58m and Thirumaran 16.52m. Jamaica's Jordan Scott won gold, while Ramesh Shanmugam finished seventh in the para athletics segment.
The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.
India's boxing contingent delivered a knockout day at the Commonwealth Games, with ten pugilists storming into the finals and keeping the gold rush alive.
Indian boxers have delivered their best-ever performance at a single edition of the Commonwealth Games, securing a record seven gold medals in Glasgow, surpassing their previous best of three golds.
A Delhi court on Monday acquitted former Wrestling Federation of India chief Brij Bhushan Sharan Singh and co-accused Vinod Tomar in a sexual harassment case filed by women wrestlers.
India concluded its 2026 Commonwealth Games campaign with a strong performance, securing fourth place with 39 medals despite a reduced sporting programme.
Indian javelin thrower Neeraj Chopra secured a silver medal at the Commonwealth Games in Glasgow with a season-best throw of 85.83m. Debutant Yashvir Singh surprised with a personal best of 85.41m on his final attempt, earning a bronze medal. Sri Lanka's Rumesh Tharanga Pathirage won gold with an 89.75m throw despite challenging cold and windy conditions.
Indian boxers delivered a flawless performance at the Commonwealth Games, with four more pugilists - Ankush Yadav, Sakshi Chaudhary, Arundhati Choudhary, and Sachin Siwach - advancing to the semifinals. This brings the total number of Indian boxers in the semifinals to nine, ensuring a minimum of nine bronze medals for the country.
India's Diksha Dagar secured a tied 12th finish at the Tipsport Czech Ladies Open, continuing her strong performance on the Ladies European Tour. Pranavi Urs also delivered an impressive round, while Finland's Noora Komulainen clinched her maiden LET title after a three-way playoff.
Tom Holland and Zendaya's Spider-Man: Brand New Day has made a spectacular debut at the Indian box office.
Every day, the older men running our politics keep pushing Gen Z voters further away, observes Binu Alex.
India's men's lawn bowls pair, Navneet Singh and Dinesh Kumar, secured their third consecutive victory at the Commonwealth Games by defeating Botswana in a tense tie-break. The duo showcased strong coordination and resilience, maintaining their perfect record and significantly boosting their chances of advancing to the knockout stage.
The family of an Indian seafarer, Rakesh Chauhan, who died in Venezuela, has called for a high-level investigation after a post-mortem in Uttar Pradesh revealed several internal organs were missing from his repatriated body. The Federation of Seafarers' Unions of India has also demanded accountability from Venezuelan authorities and intervention from the Indian Embassy, citing a lack of transparency and official documents regarding his death.
Olectra Greentech Ltd has become the first company in India to deploy 4,000 electric buses on Indian roads, marking a significant milestone in the country's transition to sustainable public transport and reinforcing its leadership in electric mobility.
Cockroach Janta Party founder Abhijeet Dipke has publicly challenged Prime Minister Narendra Modi to disclose his educational degree. Dipke stated he is ready to make his US scholarship and loan documents public if PM Modi reveals his degree, amidst ongoing demands for verification of the Prime Minister's academic qualifications. Dipke also criticised the current political climate, citing concerns about party defections and the use of central agencies.
