'It's A Cat And Mouse Game.'
National Investment and Infrastructure Fund Limited (NIIF) has appointed Gauravjit Singh as managing partner to lead its global capital formation efforts. Simultaneously, PB Fintech's payment aggregator platform, PB Pay, has gone live, offering consolidated payment acceptance for merchants. In a move to enhance trade efficiency, the Directorate General of Foreign Trade (DGFT) has introduced open API integration for Certificate of Origin, allowing exporters to streamline their application processes.
Former chief selector and head coach Haroon Rasheed has attributed the decline of Pakistan cricket to the domestic structure changes implemented by former Prime Minister Imran Khan, who insisted on reducing first-class teams despite recommendations for a hybrid model.
India has withdrawn from the inaugural FIFA ASEAN Cup to prioritise a high-profile international friendly against five-time world champions Brazil in October. This decision, confirmed by AIFF, means India will miss facing Southeast Asian teams in a FIFA-sanctioned competition, opting instead for a more challenging opponent to improve its international standing.
Shares of temperature sensing and heating solutions provider Tempsens Instruments (India) Ltd listed with a massive premium of over 111 per cent against its issue price of Rs 300, reaching a market valuation of Rs 4,934.81 crore.
Prime Minister Narendra Modi, in his Independence Day address, highlighted technology and innovation as central to India's goal of becoming a developed nation by 2047. He called for India to lead in emerging technologies like AI, quantum computing, and space, announcing a massive AI skilling initiative for one crore youth. Modi stressed the importance of becoming a global innovation hub, bolstering energy security with nuclear power, and strengthening cybersecurity.
Jamia Millia Islamia has established a four-member fact-finding committee to investigate CCTV footage allegedly showing a chameleon in a student's meal at a hostel mess. This comes amidst ongoing student protests regarding food quality and hygiene. The university is also seeking external agency assistance and will take action if deliberate wrongdoing or misinformation is found, while also installing more CCTV cameras to enhance monitoring.
The central government has introduced a 0.4 per cent fee on UPI transactions exceeding Rs 2,000, prompting traders' associations to advocate for cash payments to avoid additional costs on digital payments. This move ends the zero-Merchant Discount Rate (MDR) regime, with traders expressing concerns about operating on tight margins and the potential for increased charges.
Sebi chairman Tuhin Kanta Pandey acknowledged that all global jurisdictions experienced lower liquidity during the initial implementation phases of the closing auction session (CAS), a stock price determination framework introduced in India on August 3.
Ahead of President Vladimir Putin's visit to India for the BRICS summit, Russia has expressed support for New Delhi's peace initiatives to resolve the Ukraine conflict. Discussions between Putin and PM Modi will cover defence, energy, technology, and the repatriation of Indian nationals from the Russian military, alongside addressing trade and investment ties.
The UK's National Air Traffic Services (NATS) has ruled out a cyberattack as the cause of the recent massive disruption across UK airports, which led to thousands of flight cancellations and affected tens of thousands of passengers, including those on flights to and from India. An investigation is underway, and the incident marks the third major air traffic collapse under the current CEO's tenure.
Tata Motors Passenger Vehicles (TMPV) is strategically expanding its international footprint by launching the Nexon, rebranded as Osprey, in South Africa, a move set to significantly boost its export volumes and solidify India's position as a major automotive export hub.
The Airports Economic Regulatory Authority (AERA) has waived landing charges for international flights at the Navi Mumbai International Airport for one year, with phased discounts for subsequent years. This move aims to incentivise airlines to establish new international routes from the airport, modifying previous criteria that linked waivers to the broader Mumbai Metropolitan Region.
'When a glacier collapse or a major flood event does occur, the water will simply reclaim its original path, and anything built in that path will be swept away.'
'You can't be selfish when you're thinking about nature. It has to be good karma.' 'If we prevent textile waste from going to the landfills, it's good karma.'
The Supreme Court will consider issues related to the Satya Niketan building collapse, which killed seven students, and has called for a time-bound inspection and safety audit of PG accommodations and similar establishments across Delhi. The court noted the overlap with its ongoing pan-India monitoring of unauthorised constructions and safety violations.
Paralympic Committee of India president Devendra Jhajharia expressed confidence in the Indian contingent's performance at the upcoming Asian Para Games in Japan. He highlighted the team's focused training, stress-free environment, and recent successes, while also outlining long-term plans for the 2028 and 2032 Paralympics and addressing grassroots development challenges.
India launched 'Suryapath Tiranga', a unique initiative involving over 50 Indian missions globally, to digitally relay images of the tricolour across multiple time zones, starting from Fiji, to mark the country's 80th Independence Day.
Punjab Kings all-rounder Shashank Singh is intensifying his bowling practice and rebuilding his fielding confidence during the off-season camp, aiming for an India call-up by excelling in his all-rounder role in the upcoming domestic season.
The Indian Sports Ministry, led by Minister Manuskh Mandaviya, is establishing a dedicated Task Force to explore the revival of Formula One racing in India. This initiative follows a meeting with key stakeholders, aiming to assess the challenges and benefits of hosting major motorsport events, with a target of bringing F1 back by 2028. The Task Force will recommend a comprehensive policy framework to support motorsports growth, leveraging India's significant F1 fanbase.
The All India Football Federation's decision to field two separate teams for the inaugural FIFA ASEAN Cup and an international friendly against Brazil has sparked controversy.
The high court of Jammu and Kashmir and Ladakh has set aside the discharge of an accused in a UAPA case stating that secessionist sloganeering in a mob in the presence of the head of a banned separatist organisation prima facie falls under the definition of unlawful activity.
Indian immigration authorities are eliminating the mandatory physical stamping of boarding passes for international travellers from September 1, allowing e-boarding passes on smartphones for clearance. This move by the Bureau of Immigration aims to reduce passenger inconvenience and errors, with physical passes still accepted but not stamped. A pilot project for digital immigration entry/exit for Indian passport holders is also underway.
The Ministry of Heavy Industries (MHI) anticipates disbursing approximately 4,700 crore in incentives under the automotive PLI scheme in FY27, more than double the previous two years, while also exploring financing mechanisms for electric buses and trucks and promoting domestic manufacturing of critical EV components.
August 15 was the date of India's Independence, so why did transfer of power happen at the stroke of midnight August 14-15?
The BCCI has summoned Gautam Gambhir, Ajit Agarkar and V V S Laxman to Mumbai on Thursday to review India's disappointing performances in Ireland and England.
Smallcap funds topped the net inflow chart for the second consecutive month, as investors poured record Rs 7,973 crore into one of the best-performing MF categories.
The National Investigation Agency (NIA) has filed a chargesheet against seven foreign nationals, including a US citizen and six Ukrainians, for illegal entry and alleged terror conspiracy with ethnic armed groups, though the stringent UAPA anti-terror law was not invoked at this stage.
The era of 'randomly' scheduling bilateral series is over, but the ODI format can continue to survive and thrive with its place 'inextricably' linked to the World Cup, said ICC CEO Sanjog Gupta in an interview to PTI.
Sri Lankan cricket officials are considering a balanced pitch for the second Test against India at the Sinhalese Sports Club (SSC), moving away from a spin-friendly track. This decision aims to provide equal opportunities for both batters and bowlers, similar to the Galle pitch, and support their young batting lineup. The SSC pitch character has evolved over the years, with less home advantage since the retirement of legendary players.
The Congress party has criticised the Modi government over a notification regarding UPI transactions, alleging it paves the way for imposing fees, especially on transactions above Rs 2,000. Rahul Gandhi claimed the government is surrendering to American pressure, while Mallikarjun Kharge highlighted the potential burden on common citizens amidst inflation. The government's notification prohibits charges on UPI transactions up to Rs 2,000 but remains silent on higher amounts, sparking fears of a "Digital Payments Tax."
At least four to five privately placed infrastructure investment trusts (Invits) are expected to transition to public listings by the end of the 2026-27 financial year, significantly increasing the number of publicly traded Invits to 12-14, according to N S Venkatesh, CEO of the Bharat Invits Association (BIA).
Pakistan fast-bowling legend Wasim Akram has voiced his disappointment over the state of the country's cricket, particularly in Test matches. He attributes the team's struggles to a significant lack of quality batting talent emerging in recent years, despite the Pakistan Super League's existence. Akram also highlighted the need to revive club cricket and maintain consistency in team selections.
Former India batter Wasim Jaffer has expressed doubts about Sanju Samson's suitability as a backup opener for the ICC Cricket World Cup 2027, citing consistency issues in ODI cricket.
A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.
India's position appears to be anchored around three red lines: Hasina's safety and the guarantee of a fair trial; assurances that Bangladeshi territory will not be used for activities hostile to India; and the restoration of an inclusive democratic process in Bangladesh.
Tewolde Gebremariam, a seasoned aviation professional with extensive experience at Ethiopian Airlines, has been named the new Chief Executive Officer and Managing Director of Air India. He is tasked with leading the airline's ambitious five-year transformation plan, Vihaan.AI, aimed at achieving significant growth and profitability, marking him as the second foreign national to helm Air India under Tata Group ownership.
VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.
Rohit Sharma's ODI future was a major point of discussion during the review meeting, while also considering the recent fitness woes of key players like Jasprit Bumrah and Hardik Pandya.
Gautam Gambhir builds a lot of trust and confidence within the team, and every player knows their role and has clarity, said Shreyas Iyer, praising his head coach's man-management skills.
