Sridhar Vembu, Zoho Corporation Founder, states that the IT industry is not generating new jobs due to funds being redirected towards the escalating costs of AI and data centre infrastructure. He highlights a structural economic challenge where advanced technology, while making goods affordable, creates income distribution issues and suggests that solutions like Universal Basic Income might gain traction, especially in countries like India.
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.
An 18-year-old man, Ankit, went missing after being swept away by rainwater in a drain in southeast Delhi's Priyanka Camp area during heavy downpour. A large-scale search operation involving rescue teams from the Delhi Disaster Management Authority and Delhi Fire Service is underway, but he has not yet been traced.
Four picnickers were rescued from a river island in Madhya Pradesh's Khandwa district after being stranded for 11 hours due to a sudden rise in water levels. The State Disaster Emergency Response Force (SDERF) conducted a challenging operation, using drones to deliver supplies and eventually towing a motorboat to safety.
Ongoing search operations are intensifying in Wayanad as one more individual is still missing after a devastating landslide at the Anakkompoyil Meppadi tunnel project claimed seven lives.
Private hospitals accounted for 30.8 per cent of current health expenditure in FY23, while pharmaceuticals and medical goods contributed more than 21 per cent, underlining continued dependence on private healthcare and medicine spending.
Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.
Holoflex Ltd, a leading anti-counterfeiting and security solutions provider, plans to invest Rs 30 crore over the next two years to establish a second manufacturing facility. This expansion is driven by increasing demand for integrated brand protection solutions and growing concerns over counterfeit products across various sectors, including essential goods. The company aims to significantly boost its revenue and strengthen its position in the rapidly growing anti-counterfeiting market.
Former Indian cricketer Robin Uthappa believes teenage batting sensation Vaibhav Sooryavanshi has the potential to make a bigger impact on white-ball cricket than Sachin Tendulkar, but stresses that his future hinges on proper management and a strong support system, citing examples like Vinod Kambli and Prithvi Shaw.
As Saaraa Khan turns 37, one thing hasn't changed: her love for fun silhouettes, candy-coloured hues and unapologetically glamorous fashion.
'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'
A joint report by Deloitte India and FICCI projects India's consumer economy to reach USD 1.9 trillion by 2030. This growth will be fuelled by rapid AI adoption, evolving consumer preferences, and new commerce models like e-commerce and quick commerce. India leads in AI adoption among top countries, with businesses leveraging it for engagement, innovation, and forecasting. The report also highlights the emergence of a new Indian consumer seeking convenience and transparency, and identifies key trends shaping FMCG, retail, and e-commerce sectors.
India's Yamini Mourya had to settle for the women's 57kg judo silver medal after a valiant fight against England's vastly experienced Acelya Toprak, ending India's bid for a third gold in the discipline at the Commonwealth Games in Glasgow on Friday.
Total automobile retail sales in India surged by 25.89 per cent year-on-year to 25,91,138 units in July, driven by GST rationalisation, ease of retail finance, and favourable festival timing, according to the Federation of Automobile Dealers Associations (FADA). This marks the first time all vehicle categories recorded their best-ever July sales.
India's foreign exchange reserves saw a significant increase of $10.512 billion, reaching $692.866 billion for the week ending July 31, driven by a rise in foreign currency assets and gold reserves.
India's services sector experienced its weakest growth in four-and-a-half years in July, as new business orders, both domestic and export, eased due to intense competition and declining demand. Despite a modest rebound in job creation and improved profit margins, overall business confidence slipped, reflecting a broader slowdown in the economy.
The body of Vikram Rana, the last person missing after the July 7 landslide at the Anakkampoyil-Meppadi tunnel project site in Kalladi, Wayanad, Kerala, has been recovered. This brings the death toll to eight. A massive search operation involving multiple agencies led to the discovery of the construction manager's body, concluding the search efforts.
Passenger vehicle dispatches in the domestic Indian market are estimated to have surged by 33 per cent to approximately 4.7 lakh units in July, with market leaders Maruti Suzuki and Hyundai reporting record sales, alongside significant growth from Tata Motors and Mahindra & Mahindra.
Rising sensation Vaibhav Sooryavanshi has made a significant jump in the latest ICC Men's T20I Batting Rankings, climbing 230 places to 48th after an impressive Player of the Series performance against Zimbabwe. India teammate Ishan Kishan leads the T20I batting rankings with a career-best 910 points, the third-highest rating ever recorded.
Indian benchmark indices Sensex and Nifty closed largely flat on Monday, recovering from early losses, as escalating tensions in West Asia and a sharp rally in crude oil prices weighed on investor sentiment, despite resilience in IT and consumer durables stocks.
Mrunal Thakur has taken a strong stance against the proliferation of deepfake content, issuing a formal notice that she will pursue legal action against anyone found creating or sharing such material using her likeness.
Formula One chief executive Stefano Domenicali announced that the sport will feature more sprint races in 2027 than the current six, while emphasising the importance of maintaining their 'scarcity value' to ensure commercial appeal.
Fitch Ratings forecasts a 9 per cent aggregate revenue increase for rated Indian corporates in the current fiscal year (FY27), a stronger outlook compared to the 5 per cent estimated for FY26, which is expected to keep credit metrics stable despite potential global and domestic challenges.
India's manufacturing sector activity growth declined to a five-year low in July, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 53.5 from 54.2 in June, driven by a slower rise in new business orders and challenging market conditions.
David Owori, the 28-year-old captain of Ugandan football club SC Villa and an international player, has died after being critically injured in an assault by unidentified assailants in Kampala.
Former Jammu and Kashmir Chief Minister Farooq Abdullah surprised attendees at the Professional Golf Tour of India (PGTI) tournament in Srinagar by spontaneously singing the iconic Lata Mangeshkar song "Lag ja gale". His impromptu performance drew significant applause. Later, Abdullah addressed the audience, commending golfers and urging youth to work hard and avoid alcohol to achieve sporting excellence. He also mentioned government support for improving the Royal Springs Golf Course.
Prime Minister Narendra Modi will launch a 100-week nationwide campaign, 'Nasha Mukta Yuva for Viksit Bharat Sankalp Abhiyaan', on August 2 to combat rising drug abuse in India. Led by MY Bharat youth, the initiative will involve various activities and aims to unite over one crore young people in a pledge against substance abuse, addressing alarming statistics from the Narcotics Control Bureau.
The Cockroach Janta Party (CJP) founder Abhijeet Dipke has launched an online petition urging Prime Minister Narendra Modi to address India's youth on critical issues like education, unemployment, and the rising cost of living during his Independence Day speech. This initiative follows CJP's successful 36-day agitation against NEET irregularities, which led to the resignation of the Union Education Minister. The CJP is now broadening its campaign with a nationwide "Kya Bolti Public" tour to gather youth views for a comprehensive Youth Reform Charter.
Joe Root will captain England on a permanent basis for the first time since 2022 in the upcoming three-match Test series against Pakistan, with Jordan Cox taking the number three spot due to Jacob Bethell's injury and Dan Lawrence earning a recall.
Animals are now the face of virality and might have already beaten human influencers at the job.
Tech giant Apple reported a record June quarter revenue of USD 109.4 billion, a 16 per cent year-on-year increase, with significant double-digit growth in emerging markets like India. However, the company anticipates business risks in the coming quarters due to rising memory chip prices and ongoing supply constraints.
Electric vehicle retail sales in India reached a new monthly record of 3,27,901 units in July, marking a 66 per cent increase over the previous year, with nearly one in eight vehicles retailed now being electric.
Teenage prodigy Vaibhav Sooryavanshi has been appointed vice-captain in the Ishan Kishan-led East Zone squad for the upcoming Duleep Trophy starting next month.
Thudakkam gives Vismaya Mohanlal a physically demanding debut where her fighting skills land the punches, even if her acting doesn't.
Commonwealth Games gold-winning boxer Arundhati Chaudhary received an overwhelming welcome in her hometown of Kota, Rajasthan, after her stellar performance in Glasgow, where she defeated world championship bronze-winner Chantelle Reid and defending champion Rosie Eccles.
Washington Governor Bob Ferguson declared a statewide state of emergency and burn ban Saturday morning as an unprecedented wildfire crisis gripped the region, with active blazes scorching nearly 3,000 acres.
Indian badminton prodigy Tanvi Sharma, 17, secured her first BWF World Tour title by defeating Vietnam's Thuy Linh Nguyen in straight games at the Taipei Open Super 300, becoming the youngest champion in the tournament's history.
Indian benchmark indices Sensex and Nifty recorded their third consecutive day of gains, primarily driven by an over 8 per cent surge in Bajaj Finance following strong Q1 FY27 results, coupled with significant foreign fund inflows and a dip in crude oil prices.
The Reserve Bank of India (RBI) has maintained its benchmark policy rate at 5.25 per cent for the fourth consecutive meeting, prioritising clarity on inflation trends, particularly concerning energy costs and geopolitical developments.
Legendary cricketer Sachin Tendulkar maintains his position among India's top five celebrity brands, with a valuation of USD 125.9 million, according to the Kroll India Celebrity Brand Valuation 2025 report. His enduring reputation, trust, and authenticity continue to make him highly attractive to various brands, solidifying his status as the only retired athlete consistently in the top 10.
