ArcelorMittal reported a significant 62 per cent year-on-year decline in its net income, reaching USD 683 million in the June 2026 quarter, despite a quarter-on-quarter increase in sales and improved performance from its Indian joint venture, AMNS India.
The Supreme Court has agreed to hear a plea from the Muslim side regarding the non-compliance of its directions to provide an alternative site near the disputed Bhojshala complex in Dhar, Madhya Pradesh, for Friday prayers. The Muslim side alleges the proposed site is unsuitable and too far, while the Solicitor General claims another location has been identified.
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.
Domestic air traffic in India experienced a nearly 12 per cent decline in June, falling to 1.35 crore passengers from 1.53 crore in May, with IndiGo increasing its market share to 66.3 per cent.
Indian discus thrower Seema Kaliramna secured a bronze medal at the Commonwealth Games with a throw of 58.65m, despite fouling her last three attempts. Compatriot Nidhi Rani finished fourth. Jamaica's Samantha Hall won gold, and Canada's Julia Tunks took silver.
Bajaj Auto plans to increase its annual production capacity by nearly 25 per cent, from around 7 million to over 9 million vehicles, in the coming quarters. This expansion is driven by strong export demand and rapid growth in electric vehicles, which have stretched current capacity across key product segments.
Jaguar Land Rover (JLR) India reported its highest-ever first-quarter retail sales for FY27, with 1,665 vehicles retailed, an 11 per cent year-on-year increase, largely due to sustained demand for premium SUVs and the benefits of the India-UK Free Trade Agreement.
Indian lawn bowls duo Rupa Rani Tirkey and Pinki Singh defeated Tonga 2-0 in a tie-breaker during the women's pairs sectional play at the Commonwealth Games, maintaining their strong performance and staying on track for a semifinal berth.
From his iconic Melbourne centuries to Lord's heroics, revisit Ajinkya Rahane's five greatest Test knocks that shaped his remarkable India career.
Crude oil futures surged over 3 per cent, snapping a three-session losing streak, as renewed military escalation in West Asia revived fears of supply disruptions, driving prices higher on both domestic and international exchanges.
ITC reported a 16.2 per cent year-on-year drop in consolidated net profit to 4,394.13 crore in Q1 FY27, primarily due to a significant increase in taxes on its cigarette business. Consolidated net revenues also declined by 11.1 per cent to 19,114 crore, missing analyst estimates.
Mobile payments pioneer Paytm reported significant growth in its UPI payments business for Q1 FY27, driven by app simplification, AI investments, and a focus on attracting Gen Z customers. The company saw a 45% year-on-year increase in Consumer UPI Gross Transaction Value and a rise of 60 lakh in Monthly Transacting Users, outpacing the industry. Paytm's strategy prioritises customer retention and product innovation, leading to a profitable quarter with strong revenue and EBITDA growth, further supported by AI-led operational efficiencies and an India-focused language model.
State-owned refiners Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have reported substantial losses for the first quarter of financial year 2026-27 (Q1FY27), primarily driven by a sharp increase in crude oil prices exacerbated by the ongoing West Asia crisis and suppressed marketing margins on petroleum products.
Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.
Indian athletes have delivered a strong performance at the Commonwealth Games, with boxers securing at least nine bronze medals by advancing to the semifinals. In athletics, Tajinderpal Singh Toor and Samardeep Singh Gill qualified for the shot put final, and Animesh Kujur reached the 200m semifinals. While weightlifting and mainstream swimming saw some setbacks, para swimmers also advanced.
India's boxing contingent had a stellar day at the Commonwealth Games, securing five more semifinal berths and bringing the total to nine. This achievement surpasses India's previous medal tally in boxing from Birmingham 2022, guaranteeing at least nine medals for the nation.
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.
Australia coach Andrew McDonald believes former England captain Ben Stokes could be persuaded to reverse his Test retirement and feature in the Ashes 2027 series, said Australia coach Andrew McDonald.
India's foreign exchange reserves increased by USD 1.08 billion to USD 676.237 billion for the week ended July 17, primarily due to a significant rise in foreign currency assets, despite a drop in gold reserves.
India's wholesale price inflation (WPI) increased to 9.87 per cent in June, up from 9.68 per cent in May, primarily due to significant price increases in non-food and food products, with food inflation alone rising to 5.49 per cent.
Indian boxers delivered a flawless performance at the Commonwealth Games, with four more pugilists - Ankush Yadav, Sakshi Chaudhary, Arundhati Choudhary, and Sachin Siwach - advancing to the semifinals. This brings the total number of Indian boxers in the semifinals to nine, ensuring a minimum of nine bronze medals for the country.
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.
Go once. You will know, even before you board the flight home, that you will return.
Bengali cuisine is known for its delicate balance of flavours, subtle use of spices, and a deep respect for fresh, seasonal ingredients.
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.
One 97 Communications Ltd, operating Paytm, is set to issue its first bonus shares, following a landmark year of achieving its maiden full-year profit and gaining significant market share. The board will meet on July 20 to decide on the bonus issue, reflecting confidence in its financial strength and aiming to improve stock accessibility for retail investors.
Misir Besra, a banned CPI (Maoist) politburo member with a bounty of over Rs 1 crore and wanted in 141 cases, has been arrested from Jharkhand's Dhanbad district. His arrest is considered a significant achievement in anti-Maoist operations in the state.
India's Rupa Rani Tirkey and Pinki Singh secured a thrilling tie-breaker victory over Tonga in the Lawn Bowls women's pairs event at the Commonwealth Games 2026, maintaining their top position in the section.
Manipal Health Enterprises is set to launch India's largest healthcare initial public offering (IPO) on July 29, aiming to raise Rs 9,275.22 crore to fund expansion and debt reduction, with the issue closing on July 31.
European Ryder Cup Captain Luke Donald and Major winner Shane Lowry are confirmed to participate in the second edition of the DP World India Championship in October. They will join a strong field of international golf stars, including other Ryder Cup heroes and Open Champion Ryan Fox, at the Delhi Golf Club for the USD 4,000,000 event.
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.
Terming protesters in Pakistan-occupied Kashmir (PoK) as "enemies" like India, Pakistan's Defence Minister Khawaja Asif has said there will be no dialogue with them, even as the death toll due to clashes between demonstrators and security personnel rose to 20 on Wednesday.
A PL Capital report projects India's LPG subsidy bill to exceed Rs 1 lakh crore in FY27, creating a significant Rs 70,000 crore gap over the Union Budget's Rs 30,000 crore allocation, driven by the government and OMCs absorbing higher fuel and LPG price increases.
The third edition of the NEXA Indian Streaming Academy Awards saw a mix of glamour and talent on the red carpet.
India's Rupa Rani Tirkey and Pinki Singh secured their third consecutive victory in the women's pairs Lawn Bowls at the Commonwealth Games, defeating Tonga in a tie-breaker to stay on course for the semifinals. Meanwhile, Putul Sonowal experienced his first defeat in the men's singles, losing to Malaysia's Izzat Shameer Dzulkeple after two initial wins.
India's largest IT services company, TCS, announced a 4.61 per cent increase in its net profit to Rs 13,349 crore for the June 2026 quarter, with revenues climbing nearly 14 per cent year-on-year.
India's leading FMCG companies, including Hindustan Unilever and Dabur, reduced their permanent workforce in FY26, even as most firms in the sector, such as Tata Consumer Products and Marico, increased median employee remuneration, reflecting a mixed trend in staffing and compensation strategies.
India's private sector activity slowed to a four-year low in July, with the HSBC Flash Purchasing Managers' Index (PMI) falling to 54.3, driven by weakened sales and output amidst renewed tensions in West Asia and rising inflationary pressures.
Bollywood superstar Salman Khan has initiated a multi-phase relief drive through his Being Human organisation and fan club in Assam, providing food, medicines, and essentials to families affected by devastating floods, with plans for long-term rehabilitation support.
World Cup champions Spain climbed back to the top of the FIFA men's rankings released on Monday, while runners-up Argentina slipped to second following their defeat in the final.
