The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.
Queen Maxima of the Netherlands, the UN Secretary-General's Special Advocate for Financial Health, visited Mumbai to understand India's digital public infrastructure, including UPI and AI, in improving financial health for salaried individuals. She interacted with healthcare professionals and SalarySe leaders, praising India's advancements in financial inclusion and technology's role in empowering individuals.
About 45 km from the tech hub of Bengaluru, the Karnataka government is planning a mega artificial intelligence (AI)-powered city with a budget of more than Rs 18,000 crore. To be spread over 9,000 acres, the project aims to follow the theme "Work, live, play" with technology as its core. At the centre of it are, however, thousands of farmers who are protesting against land acquisition by the government.
The Centre for Development of Advanced Computing (C-DAC) is inviting applications for 12 full time post graduate certificate courses in the ICT domain for August 2026 batch.
The Delhi Police has confirmed that it has not yet received any official request for permission from the digital group Cockroach Janta Party (CJP) to hold a protest at Jantar Mantar. Authorities are closely monitoring the situation and are ready to deploy personnel to maintain law and order if necessary.
A Delhi court is set to pronounce its verdict on Thursday in the murder case of Intelligence Bureau officer Ankit Sharma, who was killed during the 2020 northeast Delhi riots. Former AAP councillor Tahir Hussain and 10 others are accused in the sensational case.
BJP leader K Surendran has alleged that organised networks are helping Bangladeshi nationals obtain fake identity documents in Kerala, including Aadhaar and ration cards. He warned of a serious challenge if unchecked and called for urgent measures to distinguish genuine migrant workers from illegal infiltrators.
Tashi Network and DroneVerse successfully conducted a live drone swarm field trial in Delhi, demonstrating advanced autonomous capabilities for defence and internal security. The trial showcased decentralised mesh technology, allowing drone swarms to maintain mission coherence even with communication disruptions, marking a significant step towards India's technological sovereignty in autonomous warfare.
Suspected insurgents have abducted four policemen and their official vehicle in Gwadar, Balochistan, a sensitive region vital to the China-Pakistan Economic Corridor. A search operation is underway, with initial investigations suggesting the police were involved in illegal detentions. The incident occurs amidst ongoing anti-terror operations and recent attacks in the province.
Customs officials at Delhi's IGI Airport have seized 15.38 kg of hydroponic weed, valued at Rs 5.38 crore, which was concealed inside two geysers carried by passengers arriving from Kuala Lumpur. Two individuals have been arrested, and investigations are ongoing to uncover the wider drug-smuggling network.
Police in Beed district have arrested two individuals for the murder of a man, Kiran Bandu Sonawane, which they initially attempted to disguise as a road accident. The investigation involved analysing crime scene evidence, call records, and CCTV footage to uncover the truth and apprehend the suspects.
A sales director, Md Mubashshir Abbas, has been arrested in New Delhi for allegedly ramming his SUV into a traffic policeman and fleeing the scene after being stopped for a violation. The incident, which occurred on June 10, led to a two-day manhunt by the Crime Branch, who eventually apprehended Abbas from his workplace. He reportedly confessed to intentionally striking the officer to evade checking while running late for work.
Pakistan has criticised India's recent remarks on Pakistan-occupied Kashmir (PoK) protests, asserting it is addressing issues democratically. Pakistan also warned India against blocking water, calling it an "act of war," and commented on India's nuclear capabilities and its own military strikes in Afghanistan.
Indian startup funding plummeted by 43 per cent year-on-year to $7.81 billion between March 1 and June 15, 2026, largely due to the West Asia conflict, which has amplified global risk perceptions, tightened liquidity, and led to rupee depreciation, making global investors cautious.
Meerut police have solved the case of a missing 17-year-old girl, arresting a 42-year-old man who allegedly murdered her over a monetary dispute and disposed of her body in a drain.
The Directorate of Revenue Intelligence (DRI) has dismantled a wildlife trafficking syndicate involved in the illegal trade of Indian elephant tusks (ivory) in Mysuru, leading to the seizure of 4.058 kg of tusks and the apprehension of three individuals.
'Dark patterns exploit human psychology, cognitive biases, urgency, confusion, or lack of attention to increase revenue for digital platforms at the expense of consumer choice and transparency.'
Amazon plans to significantly expand its use of automation and advanced robotics, including systems like the SLAM labeler, across its Indian fulfilment centres. The company, which has committed substantial investments in India, also highlighted its global rollout of autonomous robots like Proteus and cautioned against premature AI regulation that could stifle innovation.
Gurugram Police are set to summon two Punjab Police officials for questioning regarding their alleged involvement in arranging a "fabricated" forensic report for a controversial video linked to Chief Minister Bhagwant Mann. The investigation follows the arrest of two individuals and a complaint alleging coercion to produce a predetermined forensic outcome. This development is part of a larger political controversy surrounding an alleged objectionable video of CM Mann.
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.
Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
If AI-generated material is found to be 'false, fabricated, misleading or inaccurate', the person filing it will be accountable and cannot cite the AI-generated nature of the material as a defence.
Beauty and lifestyle retailer Nykaa has announced a multi-year collaboration with OpenAI to integrate AI-driven shopping experiences through ChatGPT. This partnership will allow users to receive conversational recommendations for beauty and fashion products, with Nykaa fulfilling these queries. Additionally, OpenAI's technologies will be deployed across Nykaa's internal operations to boost productivity.
Karnataka is rolling out the first batch of 2,000 indigenously developed AI-ready KEO PCs, priced at Rs 18,999, to rural libraries and educational institutions. This initiative aims to extend artificial intelligence and digital literacy beyond urban centres, supporting students with AI skills, spoken English, and competitive exam preparation, even in areas with limited internet connectivity.
Maharashtra Police has provided 'Y-Plus' security cover to six 'rebel' Shiv Sena (UBT) MPs who skipped a crucial party meeting, indicating a potential breach. This move comes amidst strong warnings from party workers against switching loyalties.
Mumbai Police have arrested a 49-year-old man, Rajendra Shinde, who had been absconding for 22 years in a case under the Prevention of Immoral Traffic Act. He was traced to Vile Parle after a court issued a non-bailable warrant, overcoming challenges posed by his relocation.
Amid the video row, Punjab Chief Minister Bhagwant Mann on Wednesday rejected allegations that the forensic reports that gave a clean chit to him were fabricated and lashed out at the opposition parties, alleging that they have joined hands to defame him.
The Senior Superintendent of Police (SSP) Jammu, Joginder Singh, chaired a high-level review meeting to assess the prevailing security scenario and review the effectiveness of intelligence-gathering mechanisms across the district.
Apple has increased the starting prices of MacBook and iPad models by 20-42 per cent compared to their launch prices across the globe, including India, mainly due to higher memory chip costs. The new price list on Apple India's website shows that the company has increased the price of the MacBook Pro built on the M5 series chip by about 20 per cent.
Security forces in Odisha's Kandhamal district seized a significant cache of arms and ammunition from a Maoist dump. The operation was launched based on information obtained from surrendered Maoists, leading to the recovery of a self-loading rifle, guns, detonators, and a grenade. This follows a similar seizure along the Odisha-Andhra Pradesh border recently.
Punjab Police has dismantled the financial infrastructure of drug-trafficking networks, freezing assets worth Rs 300 crore linked to alleged drug smugglers.
Union Minister Ashwini Vaishnaw indicates India may require a new legal framework for Artificial Intelligence, as the current IT law predates AI's rapid emergence. The government aims to balance innovation with regulation, engaging with the industry to ensure citizen safety while fostering technological growth.
'Investors shouldn't let fear dictate their decisions. The most important step is simply to begin investing.'
Dhaka and Beijing on Thursday agreed to strengthen cooperation on the management of the Teesta and other rivers and signed 13 agreements to bolster bilateral ties following talks between Bangladeshi Prime Minister Tarique Rahman and Chinese Premier Li Qiang.
Pakistani security forces have killed at least 17 militants in Balochistan province following a deadly train attack last week, the army said.
Global brokerage Citi has reduced its Nifty 50 index target to 26,000 from 27,000, citing persistent geopolitical tensions, risks to corporate earnings growth, and concerns about India's role in the global artificial intelligence (AI) ecosystem.
Ireland produced one of the biggest wins in their T20I history, edging India by just one run in a thrilling second T20I in Belfast to complete a historic 2-0 series sweep.
As Vaibhav Sooryavanshi's profile continues to soar, experts believe mental conditioning and "situation management" training will be crucial in helping the teenage batting sensation handle sledging, pressure and rising expectations.
Employers want to know that you do not just know how to use AI tools like ChatGPT or automation services. They also want to know that you understand what AI is, says Kumar Rajagopalan, vice president-strategic initiatives and country head- India at Dexian, a leading staffing solutions firm.
