N Chandrasekaran's letter of not seeking a third term was written to Tata Sons directors (including to Noel Tata as a nominee director) and, therefore, Tata Trusts did not have a locus standi on accepting or rejecting that letter.
Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.
Infosys Senior Vice President Vikram Meghal stated that India is experiencing a significant demand window in the semiconductor market and must evolve from merely engineering products to inventing complete systems. He highlighted the massive shifts driven by AI and supply chain challenges, urging a focus on "Invent in India" to capture higher value and leverage decades of investment in the ecosystem.
As the world's most populous country, India's economy looks large in the aggregate even as its average incomes stay modest.
J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.
India's cement industry is on the brink of an oversupply situation as aggressive capacity expansion by major players is set to outpace demand growth over the next two financial years, potentially leading to pricing pressures and moderated utilisation rates.
Zoho cofounder Sridhar Vembu dismisses exaggerated fears about AI's catastrophic potential and global development pauses. He advocates for India to adopt an independent AI strategy, fostering partnerships while avoiding entanglement in US-China tech rivalry. Vembu stresses extensive investment in foundational R&D across sectors, distinguishing it from costly frontier AI model development. He also highlights concerns about AI's impact on human judgment, skill erosion, and job disruption, particularly in software engineering, while remaining optimistic about new economic opportunities.
Indian skipper Shreyas Iyer expressed enthusiasm for India's historic bilateral T20 match against Japan, marking cricket's expansion into new territories and celebrating 75 years of diplomatic relations. Iyer highlighted the unique cultural experience and the importance of such fixtures for global cricket growth, despite initial weather challenges.
India's domestic air passenger traffic experienced a 6.34 per cent year-on-year decline in August, reaching 121.26 lakh passengers, according to data released by the Directorate General of Civil Aviation (DGCA).
KPMG in India CEO Yezdi Nagporewalla expressed concern over the high valuations of global AI companies, deeming them unsustainable. He believes India, despite a late start, has a strong chance to develop its own unique Local Language Models due to its robust tech ecosystem and global capability centres.
Indian chess teams, both Open and Women's, face a significant challenge to defend their Chess Olympiad titles in Samarkand, Uzbekistan, after crucial losses and a historical 'winner's curse' where no Open section champion has successfully defended their title in the last five editions.
Saudi Arabia's East-West pipeline shutdown could make crude costlier for India as refiners face fewer supply routes and rising freight and insurance costs.
New Zealand all-rounder Rachin Ravindra is a doubtful starter for the upcoming T20 series against India due to a dislocated shoulder sustained during a promotional shoot. While initial medical assessments show no major structural damage, his return depends on rehabilitation. New Zealand Cricket and coach Rob Walter have indicated they will not rush his recovery, especially with a demanding schedule ahead.
Prime Minister Narendra Modi, in bilateral talks with Chinese President Xi Jinping, emphasized that both nations must show sensitivity to each other's core issues and be guided by mutual respect, sensitivity, and interest. Modi highlighted the critical importance of peace and tranquillity along the Line of Actual Control for the development of India-China relations, while also addressing concerns regarding Taiwan and Tibet.
During the 18th BRICS Summit in New Delhi, Chinese President Xi Jinping and Prime Minister Narendra Modi held a bilateral meeting, outlining a four-point approach for the steady and long-term development of China-India relations. The leaders stressed strategic understanding, win-win cooperation, mutual respect, and inclusive multilateral engagement, reaffirming their commitment to resolving the boundary question and addressing economic concerns. They also discussed global challenges and strengthening people-to-people ties.
India delivered a commanding performance in the Asian Games women's cricket final, crushing Sri Lanka by 147 runs to retain their gold medal and open their 2026 campaign with India's first gold of the Games.
India's large contingent of 501 athletes is set to compete at the 20th Asian Games in Nagoya, Japan, aiming to showcase the nation's growing sporting depth and its ambition to become a global top-10 sporting power by 2036. Despite initial accommodation challenges, the focus is on building on the momentum from the record 2022 Hangzhou Games, with strong medal hopes in shooting, athletics, cricket, badminton, and hockey.
The Sports Ministry, led by Mansukh Mandaviya, has formed a five-member committee to develop a comprehensive roadmap for the financial viability and sustainability of the cash-strapped Hockey India League (HIL). This initiative follows concerns about the league's long-term future, which was revived last year after a seven-year hiatus. The committee will include representatives from Hockey India, franchises, and the Sports Ministry, tasked with presenting a report on governance, financial models, and league structure.
'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'
The Japan Cricket Association (JCA) is set to host its first-ever T20I against reigning world champions India, a landmark event expected to significantly elevate cricket's profile and drive its long-term growth in Japan, according to JCA COO Alan Curr.
The BRICS grouping has fully endorsed India's demand for zero-tolerance against terrorism and rejected double standards in combating the menace. Their declaration condemned terror attacks in Jammu and Kashmir and reaffirmed commitment to holding terrorists accountable under international law.
India's foreign exchange reserves decreased by $4.92 billion to $780.78 billion for the week ending September 11, primarily due to a reduction in foreign currency assets and gold reserves, as per the latest RBI data.
The Sports Ministry has formed a five-member committee to address the financial viability and sustainability of the Hockey India League (HIL). Sports Minister Mansukh Mandaviya met with Hockey India officials and franchise representatives, directing them to develop a comprehensive plan for the league's revival, which has faced challenges since its return last year.
Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.
India needs to move beyond ease and cost of doing business and focus on the "speed of doing business" as the next leg of reforms to sustain economic growth and private investment, Confederation of Indian Industry (CII) President R Mukundan said.
Dave Cousins, India's new national compound archery head coach, believes a historic first Olympic medal for India is inevitable. He is preparing the team for the Aichi-Nagoya Asian Games and has long-term plans for the 2028 Los Angeles Olympics, noting the changing Asian archery landscape and the impressive work ethic of Indian archers.
India's Rudrankksh Patil, Himanshu Dhillon, and Parth Mane secured a silver medal in the men's 10m air rifle team event at the Asian Games. The young trio displayed composure, with debutant Parth Mane's performance being particularly noteworthy, contributing to India's growing medal tally in shooting.
'The large number of tariff lines in the 90-99 per cent band highlights how deeply embedded Chinese sourcing has become in India's electronics imports.'
State-run Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas FOC twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, and Dhruv Next Generation helicopters to Pawan Hans. This significant handover, attended by Defence Minister Rajnath Singh and Civil Aviation Minister K Rammohan Naidu, underscores India's progress towards self-reliance in aerospace, strengthening both military and civil aviation capabilities with indigenous platforms.
India's venture capital deal value grew by a modest 5 per cent in the first seven months of the year, significantly lagging the global average surge of 161 per cent, reflecting continued investor caution and valuation discipline.
Sports Minister Mansukh Mandaviya has announced the formation of a 10-member Task Force, chaired by Yugal Kishore Joshi, to explore the revival of Formula 1 in India. The committee will assess challenges, identify policy interventions, and develop a roadmap to potentially host a race by 2028, addressing issues that led to its discontinuation after 2013.
India has once again raised alarms over the escalation in the security situation in the Red Sea area and strongly condemned Houthi strikes targeting Saudi Arabian territory, "including on civilians and economic assets."
Indian women's cricket team captain Harmanpreet Kaur expressed her joy and hope after securing a gold medal at the Asian Games, defeating Sri Lanka. She believes this victory will inspire other Indian athletes to win more medals and highlighted the team's focus on adapting to conditions despite initial concerns about facilities in Japan. Kaur also reflected on the unique experience of winning a medal for the country compared to traditional trophies.
Chinese President Xi Jinping is in New Delhi for the 18th BRICS Summit, where he is scheduled to hold bilateral talks with Prime Minister Narendra Modi. This visit, his first to India in nearly seven years, comes amidst efforts to normalise India-China relations following the 2020 Eastern Ladakh standoff and is expected to have significant implications for bilateral ties and BRICS cooperation.
India's bid to host the 2038 Asian Games will not be decided before 2028, as the Olympic Council of Asia (OCA) has revealed that five other countries are also vying for the same edition.
GIS intelligence solutions provider Mirai Aerospace Systems and Software Solutions has signed an MoU with US-based GreenValley International Inc to strengthen India's geospatial and LiDAR remote sensing manufacturing base. The collaboration focuses on local assembly, manufacturing, technical support, and the development of AI-driven LiDAR applications, aiming to meet India's growing demand across various sectors.
'Eastern Ladakh set the relationship back by about 10 steps. So far, especially since Galwan, we may have taken just 4 steps forward.'
Japan's cricket captain Kendel Kadowaki-Fleming and all-rounder Charlie Hara-Hinze believe the upcoming historic T20 match against India on September 22 can serve as a crucial springboard for the sustained growth of cricket in Japan, a country traditionally dominated by baseball.
India's Davis Cup team faces a significant challenge in their qualifier against South Korea as key doubles player Yuki Bhambri has been ruled out due to a thigh injury. This forces captain Rohit Rajpal to re-evaluate the doubles combination, a crucial aspect for advancing to the finals. The team is now experimenting with new pairings, with N Sriram Balaji emerging as a leading option.
The West Indies have announced their ODI and T20I squads for the upcoming series against India, with John Campbell returning to the ODI side and Kamil Pooran earning his maiden T20I call-up.
