Karnataka Chief Minister D K Shivakumar announced the establishment of India's first government-driven Artificial Intelligence University and an AI Hub in Bengaluru. This initiative aims to position Karnataka as a global leader in responsible AI innovation, fostering talent, research, and collaboration. The state seeks to become an AI-native state, leveraging AI to improve governance and daily life across various sectors.
The Indian Army celebrated the exceptional performance of its athletes at the Glasgow Commonwealth Games 2026, where a contingent of 20 Army athletes secured 16 medals, including eight gold. This achievement highlights the Army's dedication to fostering world-class sporting talent and advancing India's athletic ambitions, particularly through initiatives like Mission Olympics 2036.
IndiGo Managing Director Rahul Bhatia has stated that the airline has 'taken all the necessary steps' to learn from the operational disruption faced in December last year, while outlining a long-term vision focused on customer trust, international expansion, and establishing India as a global aviation hub.
Gold futures saw a significant rise for the second consecutive day, driven by strong overseas market rallies, increased safe-haven demand due to geopolitical uncertainties, and a weaker US dollar. This surge coincided with the Reserve Bank of India's decision to maintain its repo rate, reflecting a focus on growth amidst global inflation concerns and easing oil prices.
'Raghav and I complement each other. He talks to me a lot about form and how he approaches his characters. Our paths are different, but we both are very much aligned emotionally.'
India is set to face England in the second ODI, aiming for a series victory, but concerns over Shubman Gill's fitness after he walked off injured in the first match, and Rohit Sharma's inconsistent batting form, are prominent. The team will also consider potential changes to the playing eleven.
A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.
'Being World No. 2 will give us good confidence when we compete at the Asian Games.'
The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.
The Reserve Bank of India has marginally increased its GDP forecast for the current fiscal to 6.7 per cent while slightly lowering the inflation projection to 5 per cent. The central bank noted that while domestic economic activity shows resilience, global turbulence, particularly re-escalating conflicts and volatile oil prices, continues to pose risks to the inflation outlook.
After making history as the first Indian male judoka to win a Commonwealth Games gold, Harsh Singh is now focused on securing a medal at the upcoming Asian Games.
Liquidity stress in smallcap funds has fallen to its lowest level since February 2024, with the average time to liquidate 50% of portfolios dropping to 27 days in June from a peak of 44.2 days in January 2026, driven by a sharp recovery in smallcap stocks and increased trading volumes.
Read your counselling bulletin, start to finish. Each counselling body speaks its own language, lets you edit choices differently and puts a different price on changing your mind, says Ashok Hegde, founder, neet2seat.
Equitas Small Finance Bank (SFB) Managing Director and CEO P N Vasudevan stated, "We may end up applying within a year" for a universal banking licence, while also targeting a nearly threefold increase in advances to Rs 1.2 trillion over the next five years.
'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'
A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.
The Bombay High Court has convicted former Tehelka editor Tarun Tejpal for raping a colleague in 2013, overturning his earlier acquittal. He was found guilty under Sections 376(2)(f), 354(a), and 354(b) of the Indian Penal Code.
Bharti Airtel, India's second-largest telecom operator, reported a 37.3 per cent rise in consolidated net profit to 8,167 crore for Q1 FY27, driven by the addition of high-paying premium customers, despite missing Bloomberg consensus estimates.
Rohit Sharma got back among the runs with a blistering century but England managed to overpower India by 27 runs in the third and final ODI at Lord's on Sunday, to claim the three-match ODI series 2-1.
A parliamentary panel has strongly recommended that the Indian government appoint a dedicated 'polar ambassador' to enhance its strategic engagement and diplomatic influence in the critical Arctic and Antarctic regions, aligning with global trends and India's growing focus on polar affairs.
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.
A joint study by IIT Roorkee and IIT Kanpur has found that a black crust formed by air pollution is accelerating the deterioration of Humayun's Tomb, a UNESCO World Heritage Site in Delhi. The crust, primarily gypsum, traps pollutants, weakening the sandstone and making the monument vulnerable to long-term damage. The study recommends conservation measures, pollution monitoring, and source reduction to protect the historical site.
The Maharashtra government has approved the deployment of sovereign artificial intelligence solutions from Sarvam AI for its departments, with a two-year outlay of Rs 11.26 crore. This initiative includes the Indus AI workspace for 2,500 users, ensuring government data remains within India, along with citizen outreach agents and speech models for the MahaAI platform.
The bill, introduced on Thursday, was conceived by Democrat Senator Richard Blumenthal and late Republican Senator Lindsey Graham and has the support of over 60 lawmakers.
Jan Suraaj Party founder Prashant Kishor secured a significant victory in the Bankipur assembly bypoll, defeating the BJP candidate by over 19,000 votes. Kishor attributed his win to support from disgruntled members of major parties and potentially Gen Z protests, while firmly rejecting any future political alliances. He claimed the mandate was a wake-up call for the BJP-led government in Bihar and its Chief Minister Samrat Choudhary, giving his party its maiden presence in the state assembly.
The Board of Control for Cricket in India (BCCI) president Mithun Manhas and secretary Devajit Saikia have lauded the Indian women's cricket team for their historic 270-run Test victory over England at Lord's. Key performances from Kranti Gaud and Yastika Bhatia contributed to this significant achievement, which is seen as a testament to the team's belief and sustained investment in women's cricket.
Former Indian cricketer Ajinkya Rahane has expressed profound satisfaction with his decision to retire from international cricket, stating he has 'no regrets at all' after giving his '200 per cent' on the field. Rahane also revealed his openness to venturing into coaching or mentorship roles in the future, aiming to share his extensive experience globally.
India's foreign exchange reserves increased by USD 7.26 billion to USD 674.193 billion for the week ending July 3, as reported by the Reserve Bank of India. This surge follows a previous week's drop and comes after Prime Minister Narendra Modi's appeals to conserve forex.
Tata Consumer Products reported healthy revenue growth in Q1 FY27, driven by its India branded business and accelerating momentum in newer segments, which are now expected to sustain double-digit sales growth and improve profitability.
The Environment Ministry has designated the Natural History Museum (NHM) in Mizoram as India's 21st designated repository, significantly enhancing the country's biodiversity conservation and scientific infrastructure, particularly within the Indo-Burma Biodiversity Hotspot.
President Droupadi Murmu has given her assent to the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, which introduces fast-track courts and significantly enhances punishment for those involved in public examination question paper leaks.
Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.
Drone technology company ideaForge Technology has successfully raised Rs 500 crore through a Qualified Institutional Placement (QIP). The funding, which saw strong interest from domestic and international institutional investors, will be used to accelerate innovation, expand its product portfolio into combat drones and autonomous systems, and strengthen its working capital to meet growing demand in defence, homeland security, and civil sectors.
India's new T20I captain Shreyas Iyer reflected on the team's disastrous series losses to Ireland and England, admitting they failed to adapt to English conditions. Despite the setbacks, Iyer views the experience as a crucial learning opportunity for himself as a leader and for the team, especially concerning future overseas tours and World Cup preparations. He highlighted the need for better adaptation, improved fielding, and strategic team combinations.
An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.
State-run Oil and Natural Gas Corporation (ONGC) Ltd reported a 112 per cent year-on-year increase in standalone net profit for Q1 FY27, reaching 17,034 crore, primarily due to higher crude oil prices and increased realisations from new well gas. Despite a consolidated net profit decline due to HPCL's losses, ONGC's core upstream business showed robust growth.
The Jharkhand government is holding fresh discussions with student aspirants protesting alleged recruitment exam irregularities, even as the health of key protest leader Devendra Nath Mahto has significantly deteriorated after being on an indefinite hunger strike for about a week.
Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.
'They talked bad about our leaders. They said India was a dead economy. They were not sensitive to the Indian psyche.'
Inflows into foreign currency non-resident (bank), or FCNR (B), deposits have significantly underperformed market expectations, leading to a more than 1 per cent depreciation of the rupee against the dollar this week. Analysts point to fading RBI support measures, tepid interest due to rising global bond yields, and narrowing interest rate spreads compared to 2013 as key challenges.
