Despite large inflows of foreign funds mobilised through the Reserve Bank of India's (RBI's) concessional swap schemes, the rupee has seen little impact because the dollars have largely been absorbed into the central bank's reserves instead of being released into the spot market, according to market participants.
India's electric two-wheeler market has seen record penetration, exceeding 11.2 per cent, driven by crude oil price fluctuations. This surge has led to an unexpected crisis for Indian OEMs, with unfulfilled customer demand reaching 20-30 per cent and average waiting periods exceeding four weeks, a situation expected to intensify during the upcoming festival season.
'Dolly Parton managed to give the world the ultimate mystery and fantasy in some corners of her life, but to give full transparency in the ways that counted. Somehow she was true grace and true grit, all in one dazzling person.'
Indian benchmark indices, Sensex and Nifty, closed flat on Friday, with elevated crude oil prices due to geopolitical uncertainties and a rebound in US Treasury yields making investors cautious and preventing a decisive market rally.
Fintech company Cashfree Payments India Private Limited has significantly reduced its consolidated net losses to Rs 118.5 crore in FY26 from Rs 154 crore in FY25. The firm also saw a substantial revenue growth of over 51 per cent, reaching Rs 967.4 crore. Co-founder & CEO Akash Sinha highlighted achieving EBITDA profitability in March 2026 and outlined plans for full-year profitability in FY27, driven by growth in SMB and cross-border payments.
A new CLSA report indicates that Eternal's Blinkit is significantly widening its lead in India's quick-commerce sector, particularly beyond major metropolitan areas, by expanding its dark store network and securing a first-mover advantage in over 180 cities.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
The Unified Payments Interface (UPI) has completed a decade since its launch, becoming the backbone of India's digital payments ecosystem. It has seen exponential growth in transaction volume and value, expanding financial inclusion and setting a global benchmark for real-time payments.
Carlo Espi, a close-season signing, scored in the 90th minute to give Real Madrid a dramatic 2-1 victory over Espanyol in their LaLiga opener, securing three points for Jose Mourinho's returning side.
The Indian government has imposed stockholding limits on bulk sugar consumers, restricting them to a 15-day supply if they use over 10 tonnes monthly, effective September 1 to November 30, to stabilise prices ahead of the festival season.
India has successfully manufactured and test-fired its first fully indigenous AK-203 assault rifle, named 'Sher', at the Korwa facility in Uttar Pradesh, marking a significant milestone in defence self-reliance with 100 per cent Indian components.
India women's hockey team coach Sjoerd Marijne attributed his side's goalless draw against Australia, which led to their World Cup semi-final exit, to nerves and an inability to convert opportunities, despite calling the fifth-sixth place playoff a 'significant achievement'.
India secured a 5-3 victory over arch-rivals Pakistan in a high-octane FIH World Cup match. Despite the win, captain Harmanpreet Singh expressed concerns about defensive lapses and the team's inability to retain possession, urging improvements before facing top teams. Coach Craig Fulton praised the team's adherence to the game plan under pressure, while Pakistan acknowledged their mistakes.
Real Madrid forward Vinicius Jr is reportedly 'happy, cheerful and playing his football' under new manager Jose Mourinho, despite being in the final year of his contract and facing speculation about a potential move to Arsenal.
Indian benchmark equity indices, the Sensex and Nifty, bounced back significantly, with the Sensex climbing 628 points and the Nifty snapping its seven-day losing streak, driven by easing global bond yields and fresh foreign fund inflows.
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.
Pakistan hockey legend Samiullah Khan has advised his team to focus on a strong defence and avoid conceding penalty corners in their crucial FIH World Cup match against India. He also highlighted the need for a long-term vision in Pakistan hockey, similar to India's transformation, and lamented the fading intensity of the historic rivalry.
A consortium, including Amazon founder Jeff Bezos, has acquired approximately one-third minority stake in Premier League club Liverpool FC, with current owners Fenway Sports Group retaining majority control.
Pakistan hockey legend Samiullah Khan has advised his team to focus on a strong defence and avoid conceding penalty corners in their crucial FIH World Cup pool match against India. He also highlighted the need for a long-term vision in Pakistan hockey, similar to India's transformation, and lamented the fading intensity of the historic rivalry, urging both teams to bring back skill and artistry to attract fans.
The current FIH Hockey World Cup format, featuring a crossover pool system where first-round results carry forward, is causing widespread confusion among teams, fans, and media. Many stakeholders believe the complex system detracts from the game's excitement, shifts focus to mathematical calculations, and potentially favours larger teams, leading to calls for a simpler structure.
Indian IT companies are experiencing a growing trend towards outcome-based pricing models, moving away from traditional time and material or fixed-price contracts, as artificial intelligence reshapes client engagement and deal structures.
India women's hockey players urge the Sports Ministry and corporates to save the Women's HIL, saying the league is vital for developing future talent.
The Reserve Bank of India has marginally increased its GDP forecast for the current fiscal to 6.7 per cent while slightly lowering the inflation projection to 5 per cent. The central bank noted that while domestic economic activity shows resilience, global turbulence, particularly re-escalating conflicts and volatile oil prices, continues to pose risks to the inflation outlook.
"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.
Infosys reported a 12.2 per cent year-on-year increase in consolidated net profit for the June quarter, reaching Rs 7,769 crore, but simultaneously lowered its full-year FY27 revenue growth outlook to 1.5-3 per cent, citing an uncertain macro-environment.
Pakistan's Olympic gold medallist javelin thrower Arshad Nadeem has responded to social media criticism following his disappointing ninth-place finish at the recent Commonwealth Games in Glasgow. Nadeem attributed his poor performance to the extremely cold weather, which stiffened his muscles and hindered his throws. He emphasised his commitment to his country and his grounded nature, expressing confidence in his ability to return to winning form at the upcoming Athletissima event.
India's wholesale price index (WPI) inflation marginally eased to 9.78 per cent in July 2026, down from 9.87 per cent in June, primarily due to a cooling in the prices of fuel, power, and food items, marking the first month-on-month drop under the new 2022-23 base year.
Former Sri Lanka all-rounder Russel Arnold believes the hosts will struggle to add another frontline spinner to their playing XI for the second Test against India without upsetting the team's overall balance, especially given their batting struggles.
India has removed a key regulatory hurdle, allowing exporters to receive payments in Indian currency while retaining incentives under the country's foreign trade policy, a move aimed at promoting wider use of the rupee in international trade.
Indian IT companies have significantly reduced their fresh H-1B visa applications for US FY27, a direct consequence of soaring fees imposed by the Trump administration and new lottery system changes that prioritise higher-salaried employees, leading to a seven-year low in registrations.
The Indian women's hockey team, unbeaten in the FIH Women's World Cup, faces England in their final Pool D match. A draw secures India's top spot, but England desperately needs a win to advance. India's strong attacking and defensive performances have built confidence, though coach Sjoerd Marijne warns against complacency, highlighting England's previous victory over India and their strong play. The team aims to continue its impressive run and potentially secure a podium finish.
A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.
Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.
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.
The Centre has established a committee to draft an agreement and finalise modalities for a 'permanent political solution' to the Gorkha identity issue in the Darjeeling hills and adjoining areas, following a tripartite meeting with Union Home Minister Amit Shah, Gorkha leaders, and the West Bengal government.
Tim Seifert's explosive half-century and 'Player of the Match' performance, alongside his 'Player of the Tournament' award, propelled Manchester Super Giants to their first Men's Hundred title, defeating Trent Rockets by five wickets in a thrilling final at Lord's.
Nearly 50 per cent of the stocks that comprise the Nifty 50 are trading below their respective 200-DMAs.
Maruti Suzuki India (MSIL) reported a mixed Q1 FY27, with record quarterly sales driving strong revenue growth, but operating performance was below expectations due to higher commodity and other costs impacting margins. Brokerages anticipate sustained sales growth for the company in the current fiscal year, supported by new launches, robust demand, and significant capacity expansion.
Indian javelin star Neeraj Chopra achieved his season's best throw of 88.05m at the Lausanne Diamond League, securing second place, narrowly beaten by Sri Lanka's Rumesh Pathirage who threw 88.14m.
Six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, are poised to collectively raise nearly Rs 5,600 crore through initial public offerings (IPOs) in the upcoming week, adding to the bustling primary market activity.
