The death toll from flash floods in central Nepal has surged to 734, with nearly 2,500 people still missing. India has intensified its rescue and relief efforts, sending additional aid, technical teams, and forensic experts, while also working to locate and rescue over 275 missing Indian nationals.
Bangladesh has stated there is "no rush" for Prime Minister Tarique Rahman's visit to India, emphasising that Dhaka will not compromise its national interests. State Minister Humaiun Kobir indicated the visit would occur after sufficient bilateral progress. The visit is crucial for mending India-Bangladesh ties, which have been strained, particularly following the ouster of former PM Sheikh Hasina and Bangladesh's subsequent extradition request.
Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.
The Indian government is set to accelerate reforms, including measures to enhance foreign direct investment, speed up divestment, and boost asset monetisation, to maintain economic growth despite rising fuel and fertiliser import costs driven by the West Asia crisis.
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.
National Security Advisor Ajit Doval is in Beijing for the 25th round of Special Representatives talks on the India-China boundary issue with his Chinese counterpart Wang Yi. These crucial discussions precede Chinese President Xi Jinping's anticipated visit to India for the BRICS summit, offering a potential opportunity for a meeting with Prime Minister Narendra Modi. The talks aim to address the long-standing border dispute and recurring tensions, with both sides emphasising the importance of peace and tranquillity for bilateral relations amidst recent reports of aggressive Chinese posturing in Arunachal Pradesh.
Russia on Monday assured India of uninterrupted supply of energy and fertilisers amid disruption caused by the West Asia crisis, as External Affairs Minister S Jaishankar met President Vladimir Putin in Moscow and held talks with his key interlocutors.
India and China held diplomatic talks to review the situation along the Line of Actual Control (LAC), discussing boundary delimitation, border management, and trans-border cooperation. Both nations stressed the importance of maintaining peace and tranquillity for bilateral relations and agreed to continue using existing channels to resolve outstanding issues.
RSS chief Mohan Bhagwat stated that a true Hindu believes in the unity of humanity and that all religious paths lead to the same goal, asserting that 'if any Hindu thinks that there should be no Muslim in Bharat, he will not remain Hindu'.
Hangors are effectively 'dead-on-arrival' with Pakistanis saddled with deadweights that displace around 3,000 tons. Last time it was near Vishakhapatnam. This time, barnacles will clog the Hangors in Karachi port itself, points out Dr Abhishek Puri.
India has asserted that the state of its border with China directly impacts the broader bilateral relationship, emphasising the critical importance of maintaining peace and tranquillity along the Line of Actual Control (LAC). The Ministry of External Affairs also firmly rejected China's claims over Arunachal Pradesh, reiterating its status as an integral part of India. This stance was reiterated during a recent Working Mechanism for Consultation and Coordination meeting, where both sides agreed to continue using diplomatic and military channels to resolve outstanding issues.
Senior Indian officials highlight the indispensable role of the private sector in translating India-US cooperation in AI, semiconductors, quantum technologies, and critical minerals into tangible outcomes. The collaboration aims to build trusted, resilient technology ecosystems and position India as a global electronics and semiconductor hub.
Inflows into non-resident Indian (NRI) deposit schemes decreased by 23.24 per cent to $2.78 billion during the first quarter of FY27, down from $3.61 billion in the previous year, according to Reserve Bank of India (RBI) data.
'whom he believes in ... or whom he has faith in. But we don't know whether that person will be competent or not. This will lead to a lot of uncertainty in the minds of investors and shareholders of the Tata group companies.'
The water levels in the Bhotekoshi River rose again on Sunday, days after a devastating flash flood struck Nepal, authorities warned, urging residents and rescue personnel in flood-hit districts to remain alert.
India's gross Goods and Services Tax (GST) collections surged by 15.4 per cent to over Rs 2.11 lakh crore in July, driven by increased mop-up from both domestic transactions and imports.
Telangana Chief Minister A Revanth Reddy's planned visit to the United States has been denied political clearance by the Ministry of External Affairs (MEA), citing non-conformity with laid down norms, forcing him to cancel the US leg of his 'TelanganaRising' delegation tour and return to Hyderabad earlier than planned.
National security advisor Ajit Doval arrived in Beijing on Monday for a two-day visit to take part in the Special Representatives talks on the India-China boundary question with his Chinese counterpart and Foreign Minister Wang Yi.
Bangladesh has once again sought the extradition of former premier Sheikh Hasina from India during High Commissioner Dinesh Trivedi's first meeting with Prime Minister Tarique Rahman in Dhaka, amidst fresh strains in ties between the two countries following Hasina's controversial virtual media interaction in New Delhi.
Devastating flash floods in Nepal's Bhote Koshi River, triggered by a glacier or ice rock collapse, have resulted in 175 recovered bodies and hundreds missing, including tourists. India has promptly responded by providing 10 tons of humanitarian aid and medical supplies, with Prime Minister Narendra Modi conveying condolences and assuring full support to Nepal.
Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.
Jharkhand Loktantrik Krantikari Morcha (JLKM) leader Devendra Nath Mahto was allegedly prevented by police from joining a Tiranga Yatra while on his 14th day of an indefinite hunger strike against alleged irregularities in state recruitment examinations. Meanwhile, Chief Minister Hemant Soren assured the public that his government is committed to ensuring transparency in examinations conducted by the JPSC and JSSC.
FIFA has announced it will proceed with its consultation process to bring private investment into the World Cup and other tournaments, despite strong opposition and a boycott threat from UEFA. The plan involves creating a $20 billion subsidiary, FIFA Forward Enterprise, to manage commercial and event operations, offering external investors up to 20% stakes.
The devastating flash floods wreaked havoc across Nepal, with the ministry of external affairs on Thursday stating that 84 Indian nationals have been rescued while 290 remain uncontactable as the Himalayan nation stepped up search, rescue and relief operations following the disaster that has claimed more than 390 lives.
State-owned enterprises in India are projected to significantly increase their overseas borrowings, potentially exceeding $15 billion in FY27, driven by the Reserve Bank of India's new concessional forex swap facility which offers a 3 per cent funding-cost advantage.
New Delhi must look for formal, institutional statements issued directly from Washington rather than rely on casual pronouncements meant for local audiences, notes Ambassador Rajasekhar.
Harmanpreet Kaur said India will not single out Pakistan or any opponent at the Women's T20 Asia Cup, focusing instead on consistent cricket and handling pressure.
The Reserve Bank of India (RBI) has prematurely closed its swap facility for foreign currency non-resident (bank) deposits, FCNR(B), one month ahead of schedule, after banks mobilised $52.3 billion under the scheme by August 13, indicating sufficient foreign currency reserves.
The ministry of external affairs on Friday dismissed as 'fake news' reports alleging that India had requested Israel to sign a defence pact in response to the newly formed Pakistan-Saudi Arabia-Turkey security framework.
Indian High Commissioner to Bangladesh, Dinesh Trivedi, highlighted the importance of dialogue in resolving bilateral issues between India and Bangladesh, expressing optimism for Prime Minister Tarique Rahman's visit to India. His remarks come amidst diplomatic strains over Bangladesh's demand for the extradition of deposed prime minister Sheikh Hasina, whose virtual media interaction from New Delhi caused outrage in Dhaka.
Following devastating flash floods in Nepal, experts are calling for systematic scientific assessments of glaciers to understand and mitigate hazards, alongside the development of a robust land use policy for the Himalayan region. The floods, which killed over 460 people and left thousands missing, are believed to be linked to climate change impacts on glaciers and permafrost.
A recent SBI Economic Research report indicates that the significant gap between credit and deposit growth, currently over 530 basis points, is likely to persist if geopolitical risks and external supply shocks continue. However, an improvement in deposit growth is anticipated with inflows into foreign currency non-resident (bank) deposits.
Two commercial vessels, an oil tanker and a cargo ship, carrying a total of 22 Indian nationals, were hijacked by armed pirates in separate incidents off Yemen and Somalia. All Indian crew members on both vessels are reported to be safe, according to the latest information from the shipping ministry and the External Affairs Ministry.
Prime Minister Narendra Modi has highlighted the risks posed by the 'weaponisation' of resources and strategic sea routes, urging India to achieve greater self-reliance in energy to mitigate vulnerabilities to overseas supplies and geopolitical tensions.
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.
Nepal is grappling with one of its worst disasters in recent years as massive flash floods, triggered by an ice avalanche, have claimed 270 lives and left thousands missing across multiple districts, prompting urgent rescue and relief operations.
External Affairs Minister S Jaishankar lodged a strong protest with US Secretary of State Marco Rubio over US Navy attacks in the Gulf that killed three Indian mariners. India also summoned the US Charge d'Affaires in New Delhi regarding the incident.
The Indian equity market is set for an event-heavy week, with analysts pointing to the Reserve Bank of India's (RBI) interest rate decision, developments in the US-Iran situation, and crude oil prices as the primary determinants of market trends.
India is currently examining Bangladesh's request for the extradition of former prime minister Sheikh Hasina, who has been living in India since her government's collapse in August 2024, with New Delhi confirming the issue is being processed according to established procedures.
The administration has sounded a high alert in Maharajganj and Kushinagar districts of Uttar Pradesh, while stepping up the monitoring of the Gandak and other water bodies downstream of rivers in Nepal, following devastating flash floods in the neighbouring country that have killed more than 350 people and left thousands missing.
