Air India Group has accumulated losses of about Rs 47,821 crore since its takeover, leaving its prolonged transformation among the biggest unfinished projects of N Chandrasekaran's tenure.
The Shapoorji Pallonji (SP) Group, the second-largest shareholder in Tata Sons, has publicly endorsed a listing of the Tata Group's holding company, aligning with the board's push for greater transparency and public accountability despite opposition from the Tata Trusts.
As India's decline continued on global indices, the government first blamed methodology and then motives. This is where we remain today as we wish each other and ourselves a happy Independence Day, points out Aakar Patel.
India T20I skipper Shreyas Iyer has highlighted the importance of regular game time and confidence for Jasprit Bumrah, who is returning from injury ahead of the Afghanistan T20I series, the Asian Games, and the ODI World Cup.
'Listing leads to greater transparency and shareholder oversight.'
India's foreign exchange reserves increased by $9.9 billion to $716.9 billion for the week ended August 14, as reported by the Reserve Bank of India (RBI). This surge follows a previous jump of $14.14 billion in the week prior, indicating a robust recovery after a period of decline earlier this year.
It highlights a profound shortage that marginal additions cannot easily resolve.
India's first Archery World Cup Final male gold-medallist, Dhiraj Bommadevara, has inspired the national team ahead of the Asian Games. Dola Banerjee, India's first World Cup Final gold-medallist, believes his triumph will boost confidence and help the team surpass its previous medal haul, despite a new-look squad.
Private corporations in India invested approximately 30.3 trillion in fixed assets during FY25, marking a 7 per cent increase from the previous year, according to the statistics ministry. This growth in private capital expenditure contrasts with a slowdown in government capital spending.
'She was not burdened by the knowledge of her craft and the world. She just was a child till her last days.' 'When she smiled, everybody in the room would light up.'
India's power sector is undergoing a significant transformation, driven by a planned shift towards renewable energy and ambitious capacity expansion targets, with major players like NTPC, JSW Energy, Adani, and Tata Power prioritising predictable returns. However, execution challenges and valuation concerns remain critical factors for sustained growth.
Google has chosen four Indian startups -- Terrastack, Varaha Climate, Farmers for Forests, and Climitra Carbon -- for its inaugural Google DeepMind Accelerator: AI for the Planet programme.
The Supreme Court has indicated that its judges may personally visit the National Testing Agency (NTA) to examine its upgraded facilities aimed at preventing recurring NEET paper leaks. This unusual move underscores the court's emphasis on institutional strengthening and permanent solutions. The NTA informed the bench that it has overhauled its system, while a high-powered panel is also working on structural reforms to ensure foolproof examination processes.
'Treating stock brokers as merchants for MDR is fundamentally misplaced.'
Chinese President Xi Jinping's first visit to India in seven years for the BRICS Summit and bilateral talks with Prime Minister Narendra Modi is set to address crucial aspects of India-China relations, including trade, investment, and persistent border tensions.
Higher US Treasury yields, particularly the 10-year yield approaching 5 per cent, pose a significant near-term risk to global equity markets, including India, potentially triggering a 'big correction' according to market strategists.
The BRICS grouping adopted a consensus joint declaration in New Delhi, successfully navigating differences on the West Asia conflict but notably omitting any direct mention of US strikes on Iran or Iranian military attacks on Gulf Arab nations. The declaration also criticised Israel's actions in Gaza and called for a concerted approach against terrorism.
Smallcap funds topped the net inflow chart for the second consecutive month, as investors poured record Rs 7,973 crore into one of the best-performing MF categories.
Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.
Indian spin bowling coach Sairaj Bahutule has suggested introducing free-hits in Test cricket to curb the increasing problem of no-balls, a concern highlighted by Indian spinners overstepping 10 times in the ongoing Test against Sri Lanka. He acknowledged the issue and the efforts being made to rectify it.
Wushu player Divyanshi Choudhary, dropped from the Asian Games squad due to an alleged ACL tear, has accused the national federation of physical and mental harassment, claiming she was cleared by doctors to compete and was replaced unfairly.
National Security Advisor Ajit Doval is in Beijing for the 25th round of Special Representatives talks on the India-China boundary issue with his Chinese counterpart Wang Yi. These crucial discussions precede Chinese President Xi Jinping's anticipated visit to India for the BRICS summit, offering a potential opportunity for a meeting with Prime Minister Narendra Modi. The talks aim to address the long-standing border dispute and recurring tensions, with both sides emphasising the importance of peace and tranquillity for bilateral relations amidst recent reports of aggressive Chinese posturing in Arunachal Pradesh.
Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.
'This rise in foreign exchange reserves was expected given the amount of FCNR(B) flow.'
Gurucharan Singh Hora, current Joint Secretary (Interim) of the All India Tennis Association (AITA), has announced his candidature for the Secretary General post. His decision comes amidst ongoing legal challenges and governance reforms within the AITA, with fresh elections mandated by the Delhi High Court.
India's women's cricket team secured their record-extending eighth Asia Cup title, defeating Sri Lanka by 72 runs in the final. Captain Harmanpreet Kaur attributed the success to the team's consistent high standards, while coach Amol Muzumdar highlighted strong batting and effective spin bowling.
India's Sports Ministry has announced the formation of a 20-member National Sports Election Panel (NSEP), including two former Chief Election Commissioners, to oversee fair elections in national sports bodies. This panel, mandated by the National Sports Governance Act 2025, aims to streamline electoral processes. Additionally, the deadline for applications to the National Sports Tribunal (NST), which will handle sports disputes, has been extended.
Executive Chef Kaushik Misra of the Taj Mahal, New Delhi, has meticulously curated an 'India Friendship Menu' for the 18th BRICS Summit delegates, blending India's regional flavours with international comfort foods and culinary references from participating countries.
Former Sri Lanka all-rounder Russel Arnold believes the hosts will struggle to add another frontline spinner to their playing XI for the second Test against India without upsetting the team's overall balance, especially given their batting struggles.
The Supreme Court has dismissed Ashish Mishra's application to relax his bail conditions in the Lakhimpur Kheri violence case, preventing him from attending family functions. The court also addressed concerns raised by victim farmers' advocate Prashant Bhushan regarding the trial's conduct and witness intimidation, directing such grievances to the trial court.
The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.
Indian banks anticipate a reduction of up to 50 basis points in their funding costs due to a surge in liquidity from robust Foreign Currency Non-Resident (Bank), or FCNR (B), flows, lessening their reliance on more expensive certificates of deposit (CDs).
'... to see that young people are gainfully employed. After that, it will become very difficult as we will start ageing much more rapidly.' 'We have a huge proportion of Gen Z. After 2030, every year, we will start seeing a gradual shift towards a slightly older society.'
Mamata Banerjee, who founded the Trinamool Congress through an act of rebellion against the Congress, now faces a similar internal revolt that threatens the very identity of her party. The Election Commission's interim decision to withhold the TMC name and symbol for the upcoming bypolls highlights a deeper struggle for political inheritance. This situation, unprecedented for the party, forces both Mamata's loyalists and rebels to seek electoral recognition without their established identity, marking a significant challenge to her long-standing dominance.
The Sports Ministry has established a 20-member National Sports Election Panel, including former Chief Election Commissioners, to oversee fair elections in national sports bodies as mandated by the National Sports Governance Act. Concurrently, the deadline for applications to the National Sports Tribunal, which will handle sports disputes, has been extended.
Karnataka batter Devdutt Padikkal discusses his approach to cementing a place in the Indian Test XI, acknowledging limited opportunities despite his recent back-to-back hundreds in Sri Lanka. He emphasises the importance of consistent performance and his readiness to seize opportunities, drawing insights from conversations with Rahul Dravid.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for the defence of competition, policy autonomy, and the long-term sustainability of its payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI transactions, a move GTRI suggests should not be influenced by foreign trade complaints.
Nepal's Hindu groups have sought an all-party discussion on restoring Hindu-nation status within three months.
The highlight of the successful BRICS Summit was its ability to deliver a joint statement that all members, including Iran and the United Arab Emirates, embroiled in the war in West Asia, signed.
The opposition has intensified its criticism of the government's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. Leaders like Rahul Gandhi and Jairam Ramesh allege the move is a result of US pressure, particularly from American card companies, and demand an immediate rollback, warning of increased costs for consumers.
