A new report by FICCI, BCG, and IBA outlines that India's banking sector must grow significantly faster than nominal GDP to support a USD 30 trillion economy by 2047, requiring banking assets of USD 45 trillion. The report highlights the sector's current strength, challenges in digitisation, and the need to enhance resilience against fraud and cyber threats, proposing a 13-point agenda for stakeholders.
Both the Indian men's and women's junior squash teams have successfully advanced to the quarterfinals of the World Junior Squash Team Championship in Ontario. The men's team overcame Kuwait in a hard-fought 2-1 victory, while the women's team secured a dominant 3-0 win against South Africa. The men are set to face England, and the women will compete against USA in their respective quarterfinal matches.
Former India spinner Harbhajan Singh has expressed his bewilderment at the continuous criticism directed towards Gautam Gambhir since he assumed the role of national head coach, acknowledging that Gambhir's direct approach might not appeal to everyone.
A consumer disputes commission in Mumbai has directed National Insurance Company Ltd to pay a liquor wholesaler over 1.2 crore for stock ruined during the 2017 Mumbai floods, deeming the claim rejection 'arbitrary and unreasonable'.
Sheikh Mohammad Abdullah's dismissal and arrest on August 9, 1953 marked a decisive shift in the Centre-J&K power equation. Seven decades later, the erosion of the state's special constitutional position culminated in the August 5, 2019 changes, notes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
Underlining that students are the "architects of India's future," President Droupadi Murmu on Friday said the government is taking comprehensive steps to reform public examinations to completely curb paper leaks and unfair means, making the system transparent, secure, and trustworthy.
A new study by IIT Kharagpur researchers, published in Nature Communications, reveals that urban growth patterns significantly influence future cooling demand in cities. The research highlights that a city's "thermal memory," shaped by decades of development decisions, impacts its heat burden and energy requirements, independent of global temperature rises. The study analysed 88 Indian cities and a global sample of 52 cities over two decades.
Two South African scientists of Indian origin, Professor Salim Abdool Karim and Professor Keertan Dheda, have been awarded the Order of Mapungubwe for their contributions to public health, particularly in HIV/AIDS, tuberculosis research, and pulmonology.
Indian golfers Guntas Kaur Sandhu and Ceerat Kang have made a strong start at the Malaysia Ladies Amateur Open. Sandhu is tied for second place, while Kang is in solo sixth after the opening round. India's team is currently third in the championship.
Already, the knives are out for Gautam Gambhir because of his poor record as coach in Test matches, and a potential defeat in Sri Lanka could prove to be the killer blow.
Aakash Chopra believes India faces a challenging path to the ICC World Test Championship 2025-27 final, even if they register a 2-0 series sweep in Sri Lanka.
Judoka Asmita Dey from Tripura has won a gold medal in the women's 48 kg category at the Commonwealth Games in Glasgow, marking a historic first for an Indian woman judoka. Chief Minister Manik Saha and Sports Minister Tinku Roy congratulated Dey, highlighting her achievement as an inspiration for the nation.
Indian golfer Jeev Milkha Singh delivered a strong performance at the Staysure PGA Seniors Championship in Aberdeen, Scotland, carding a 3-under-par 69 despite challenging, windy conditions. He recovered from an early double bogey to finish T-11, showcasing his skill on the European Legends Tour. South African Darren Fichardt leads the tournament.
A group of experts has voiced significant concerns regarding India's ethanol-blended fuel policy, citing potential negative impacts on land-use, agriculture patterns, food security, groundwater levels, and household incomes. They recommend a return to E10 fuel and a review of the policy's overall benefits versus costs to consumers and the environment.
Former India cricketer Harbhajan Singh believes the exploding popularity of T20 leagues, particularly the IPL, poses a significant threat to the future of bilateral international cricket, stating that '70 per cent (people are watching club cricket instead of international cricket)'.
After Maharashtra's crackdown on analogue paneer, here's what dietitians say about its nutritional value, health concerns and how to choose fresh paneer.
China has cancelled drone shows and suspended drone flights across several provinces following a small plane crash in Beijing that raised significant security concerns, especially near top leadership compounds. This move signals a tightening of low-altitude aviation regulations, impacting the burgeoning "low-altitude economy" and civilian drone use, with new laws classifying illegal drone use as a public security threat.
A Mehsana-based startup, Prime UAV, deployed drones to assist in the evacuation of people stranded due to floods in Dholka, Ahmedabad district. The drones provided surveillance, delivered essential supplies, and supported rescue operations in inaccessible areas, complementing efforts by local administration and the Army.
Indian squash players Om Semwal, Sandhesh Ravikumar, and Rathika Seelan were defeated in the quarterfinals of the PSA Singapore Challenger, ending their campaign in the tournament.
Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.
China's national observatory issued a red alert -- the highest level in the country's typhoon warning system -- as Typhoon Dolphin hit Zhejiang province on the eastern coast on Sunday afternoon.
The Indian women's hockey team has departed for Frankfurt, Germany, to complete its final preparations for the upcoming FIH World Cup. The team will play practice matches and train in Europe before heading to the Netherlands for the tournament, where they will face China, South Africa, and England in Pool D.
Sahdev Yadav, President of the Indian Weightlifting Federation, has been unanimously elected as the head of the South Asian Weightlifting Federation (SAWF). He aims to strengthen cooperation and improve weightlifting standards in the region.
Malicious cyber activity has disrupted technology at water and wastewater facilities in at least seven US states, forcing utilities to revert to manual operations, with authorities actively probing whether Iranian-linked hackers are responsible.
Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a downturn in banking and financial stocks, coupled with crude oil prices remaining above USD 80 per barrel. Geopolitical uncertainties and new regulatory proposals for the non-bank lending sector also contributed to cautious investor sentiment.
India secured the third position at the Malaysian Ladies Amateur Open, with golfers Ceerat Kang and Guntas Kaur Sandhu finishing in a tied sixth place. The event featured 54 golfers from 11 countries, and the title was won by Malaysia's Foong Zi Yu.
Veteran Indian actor Pradeep Rawat, celebrated for his portrayals in films like Ghajini and Lagaan, passed away after a prolonged battle with blood cancer.
August 15 was the date of India's Independence, so why did transfer of power happen at the stroke of midnight August 14-15?
Exiled Bangladeshi author Taslima Nasreen has strongly advocated for the implementation of a Uniform Civil Code (UCC) in India, Bangladesh, and Pakistan, citing its importance in eliminating discrimination, especially against women. Her remarks come as the West Bengal government examines a draft UCC. Nasreen also expressed dismay over a disruption at her felicitation ceremony in Kolkata, where poet Joy Goswami was prevented from speaking.
Karnataka's two-month-old government saw its first cabinet expansion with 19 MLAs sworn in as ministers, leading to immediate discontent and the resignation of one Congress legislator over his exclusion.
Ahmedabad, India, has been confirmed as the host for the 2030 Commonwealth Games, a significant step in India's ambition to become a global sporting capital and potentially host the 2036 Olympic and Paralympic Games.
Indian pharmaceutical companies are not rushing to relocate manufacturing to the United States despite former President Donald Trump's renewed threat of tariffs up to 200 per cent on imported generic drugs. Instead, they are leveraging existing US plants, contract manufacturers, and making selective investments in complex products while maintaining India as their primary production hub.
The Calcutta High Court has ordered a status quo on the demolition of TMC MP Abhishek Banerjee's constituency office in South 24 Parganas. The court's directive prevents further demolition until a new hearing or the end of July, following a petition by Leaps and Bounds Private Limited, a company Banerjee is CEO of. The district administration had initiated demolition citing alleged construction without an approved plan.
Supreme Court Justice V Mohana has recused herself from hearing the anticipatory bail plea of DMK leader V Senthil Balaji in a new corruption case related to alleged irregularities in the Tamil Nadu State Marketing Corporation (TASMAC). The plea, seeking pre-arrest bail, was filed after the Madras High Court dismissed Balaji's petition. The case involves a systematic cash-kickback scheme and overcharging at TASMAC retail shops.
The Supreme Court has granted anticipatory bail to DMK leader and former minister V Senthil Balaji in a fresh corruption case related to alleged irregularities in the Tamil Nadu State Marketing Corporation (TASMAC), with conditions including cooperation with the investigation and depositing his passport.
Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.
Indian golfer Diksha Dagar, currently sixth on the LET Order of Merit, is set to lead the Indian contingent at the PIF London Championship. She aims to strengthen her position among the Tour's top players, with other Indian golfers like Avani Prashanth, Pranavi Urs, Aditi Ashok, and Hitaashee Bakshi also participating.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a surge in crude oil prices and significant selling pressure on bank stocks, impacting overall investor sentiment. Track Sensex, Nifty on July 22.
Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.
Telugu actor Pavala Shyamala, aged 75, has passed away after suffering a cardiac arrest.
