Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
Arsenal beat Manchester City 3-0 in the Community Shield on Sunday, giving Mikel Arteta an early-season triumph while condemning new City boss Enzo Maresca to defeat in his first game in charge in the traditional curtain-raiser to the campaign.
Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.
Iga Swiatek defeated Elena Rybakina 6-2, 6-3 to win her first title of the season at the Canadian Open. The victory provides a significant confidence boost for Swiatek ahead of the US Open.
State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
Brazilian forward Rodriguinho made a sensational debut for SC Delhi, scoring five goals to lead his team to a dominant 7-0 victory over Defenders FC in the Durand Cup. This win propelled SC Delhi to the top of Group C, bringing them closer to a quarter-final spot, while Defenders FC exited the tournament without a point.
Hindustan Unilever Ltd (HUL) reported a 3.17 per cent year-on-year decline in consolidated net profit to Rs 2,680 crore for the June quarter, even as revenue from product sales surged by 10.26 per cent to Rs 17,149 crore, marking its highest growth in 13 quarters.
Debutants FC Raengdai secured a dramatic 4-3 victory over TRAU FC in the Durand Cup, with Mridul Doley netting a hat-trick. This win propelled FC Raengdai to the top of Group D, marking an unexpected strong start for the new team in only their second-ever Durand Cup fixture.
Eternal's quick commerce platform, Blinkit, significantly outperformed in Q1 FY27, with net order value (NOV) rising 19.1 per cent quarter-on-quarter, indicating strong market share gains driven by increased monthly transacting users and transaction frequency.
As NSRCEL enters its next phase, the incubator plans to focus on AI, deep technology and global partnerships as it looks to expand its reach.
India captain Shubman Gill has indicated that Prasidh Krishna is likely to share the new ball with Mohammed Siraj in the upcoming first Test against Sri Lanka.
Sarfaraz Khan has been recalled to India's Test squad for the two-match away series against Sri Lanka, starting August 15, following an injury to Sai Sudharsan. This recall comes after two years of consistent performance and a significant physical transformation, including shedding 17kg.
Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to a surge in Brent crude oil prices, which rose above USD 90 per barrel, coupled with subdued global cues and ongoing US-Iran skirmishes. Track Sensex, Nifty on Auigust 12.
The government maintained a strong pace of capital expenditure, which jumped nearly 24 per cent to Rs 3.40 trillion in April-June.
Reliance Industries (RIL) delivered a better-than-expected operational performance in Q1FY27, driven by a recovery in its oil-to-chemicals (O2C) business and robust gains in the telecom (Jio) segment, though its retail arm missed estimates. Analysts highlight the upcoming Jio Platforms IPO and execution in new energy and consumer businesses as key triggers for the stock's future growth.
India faces a tough challenge against world No. 3 England in a crucial FIH Men's Hockey World Cup Pool D match. India, coming off a win against Wales, needs to improve its open play finishing and overcome a 32-year World Cup jinx against England. The outcome will significantly impact their path to the knockout stages.
Debutants FC Raengdai secured a thrilling 4-3 victory over TRAU FC in the Durand Cup, with Mridul Doley scoring a hat-trick. This win propelled FC Raengdai to the top of Group D. Langsning FC also had a memorable debut, defeating Mumbay FC 5-0 in another fixture.
Indian benchmark indices Sensex and Nifty closed lower, with the Sensex dropping 388 points and Nifty declining 112 points, as a sharp rally in crude oil prices, driven by geopolitical uncertainties and concerns over the Strait of Hormuz, dampened investor sentiment and reignited inflation fears.
Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.
Captain Harmanpreet Singh's two goals helped India secure a 3-1 victory over Wales in their first match of the men's Hockey World Cup, with Sanjay also contributing to the scoreline.
Indian benchmark stock indices, Sensex and Nifty, extended their winning streak to a fourth day, with Nifty surging 1.60 per cent, driven by a sharp decline in crude oil prices and renewed foreign fund inflows.
An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.
Samaleswari Sporting bounced back from an opening defeat to secure a commanding 4-1 victory over Durand Cup debutants Baghpat FC. Basit Ahmed Bhat scored twice, supported by goals from Marat Tareck and Gnohere Krizo, while Crispin Cleetus netted Baghpat's lone goal. The Odisha-based team controlled the second half, extending their lead and comfortably seeing out the match.
Sun Pharmaceutical Industries reported a 27 per cent year-on-year increase in consolidated net profit to 2,894.7 crore for Q1FY27, with revenue growing 10 per cent to 15,299.8 crore, driven by strong performance in India and innovative medicines.
India's bowling coach Morne Morkel has emphasised the crucial role wicketkeeper-batter KL Rahul will play in the upcoming Test series against Sri Lanka, citing his experience and ability to guide younger players.
Indian benchmark indices Sensex and Nifty saw declines in early trade, influenced by elevated crude oil prices stemming from renewed geopolitical uncertainties, particularly concerns surrounding the Strait of Hormuz. Track Sensex, Nifty on August 11, 2026.
HDFC Bank shares plummeted over 5 per cent, wiping out Rs 64,685 crore from its market valuation, after its June quarter earnings disappointed investors, particularly on the net interest margin (NIM) front.
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.
Indian badminton sensation Tanvi Sharma, 17, secured her first BWF World Tour title by defeating Vietnam's Thuy Linh Nguyen at the Taipei Open Super 300. Coached by Park Tae-sang, she became the first Indian woman to win the singles title there since Saina Nehwal in 2008, showcasing her rising talent and potential.
High-performance computing server maker Netweb Technologies reported a more than twofold increase in net profit to Rs 85.32 crore for the first quarter ended June 30, 2026. This significant growth was primarily driven by its AI Systems segment, which contributed over 62% of the revenue. The company also saw its revenue from operations more than double to Rs 819.6 crore, reflecting strong demand and disciplined execution, with a robust order book of Rs 2,507 crore.
Paris St Germain defeated Aston Villa 2-1 to retain the UEFA Super Cup, with goals from Khvicha Kvaratskhelia and Desire Doue. Despite Brian Madjo's equaliser for Villa, PSG secured their victory, marking another trophy for manager Luis Enrique and highlighting their continued dominance in European football.
The Indian Navy football team secured their first victory in the Durand Cup, defeating NEROCA FC 2-0 in a Group D fixture. Goals from Roshan Panna and E Muhammed Inayath sealed the win, moving the Navy to second place in their group.
Auqib Nabi proved unstoppable with the ball last season -- picking up 60 wickets in 10 matches at an incredible average of 12.56 last season to help J&K script history by winning its first Ranji Trophy title.
The India U20 men's football team secured a 3-0 victory over Singapore in the first of two friendly matches held in Bengaluru, as they prepare for the AFC U20 Asian Cup China 2027 Qualifiers.
At Rs 4.07 trillion, gross inflows were just shy of the record Rs 4.34 trillion mobilised in H2 of 2024, making it the second half-yearly period in which inflows crossed Rs 4 trillion.
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.
Ben Shelton, Learner Tien, Brandon Nakashima, and Rafael Jodar have all secured their spots in the Canadian Open semi-finals, showcasing strong performances and building momentum ahead of the US Open.
Foreign Portfolio Investors (FPIs) injected Rs 12,921 crore into Indian equities during the first week of August, extending their buying spree, driven by improving macroeconomic conditions, expectations of US rate cuts, lower crude oil prices, and a stable rupee.
'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.'
Former TMC MLA Nirmal Ghosh was assaulted by a mob in West Bengal after his arrest in connection with the alleged "hurried cremation" of an RG Kar hospital doctor. Ghosh, along with another accused, Sanjib Mukherjee, faced public anger and physical attacks while being escorted by police. The arrests follow a fresh complaint by the victim's father, alleging the former MLA's influence in forcing the cremation, an aspect now under renewed investigation.
