"When Royal Enfield turned 100, we were struggling for survival"
The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.
'We desperately want India to send the army as the evacuation process needs to be escalated immediately.'
Tamil Nadu's ruling TVK and its post-poll allies have officially named their front the "Secular Social Justice Victory" alliance, with Chief Minister C Joseph Vijay elected as its leader. The alliance, which includes Congress, VCK, and IUML, is preparing for upcoming bypolls on October 6, which will serve as an initial test of its strength. Leaders emphasised the alliance's ideological foundation rooted in secularism and social justice, aiming to protect constitutional values and oppose communal forces.
Eighth seed Ben Shelton defeated Stefanos Tsitsipas in straight sets at the US Open, advancing to the quarter-finals. He will now face defending champion Carlos Alcaraz, with Shelton expressing confidence in his game and acknowledging Alcaraz's impressive return from injury.
Leeds United defeated Nottingham Forest 2-0 to advance to the third round of the League Cup, marking their second victory over Forest in four days.
'We have a very demanding electorate which expects us to do something. So we will have to do something which is a bit out of the ordinary while at the same time keeping in mind the risk factors.'
Maharashtra Deputy Chief Minister Eknath Shinde has announced the suspension of Shiv Sena Palghar city president Rahul Gharat following an alleged assault on hospital staff, including a doctor, by party functionaries. The incident occurred at Relief Hospital in Palghar over a dispute concerning medical bills for Dahi Handi participants. Shinde condemned the violence, stating that such behaviour would not be tolerated and that grievances should be addressed through legal channels.
American Frances Tiafoe defeated former champion Daniil Medvedev in a thrilling three-set match at the U.S. Open, reaching the quarter-finals. Tiafoe, who had a poor head-to-head record against Medvedev, showcased his best form, employing strategic net play and powerful groundstrokes to secure a significant victory.
The United States launched military action against two Iranian launch systems on Larak Island, prompting Iran to claim retaliation with ballistic missile launches targeting two US air bases in Jordan.
Defending champions PSG will face Barcelona and Manchester City in the Champions League league phase, while Real Madrid meet Inter Milan and Arsenal in marquee clashes.
'It appears to be a combination: A glacier breaking away, and a dam-like formation downstream reaching capacity and releasing water suddenly.'
The Indian Super League (ISL) is set to return to its traditional home-and-away format for an extended eight-month season from October 2026 to May 2027.
Defending champion and world number one Aryna Sabalenka defeated American Taylor Townsend 6-4, 6-3 to reach the U.S. Open quarter-finals without dropping a set. Sabalenka overcame a challenging start to dominate the second set, securing her spot in the last eight.
Karnataka Chief Minister DK Shivakumar on Sunday asserted that his government was committed to protecting the interests of the state's farmers and people on the Cauvery issue, while appealing to organisations to withdraw the proposed state-wide bandh.
Amsterdam Flames successfully chased down a challenging target of 177 runs, defeating Rotterdam Dockers by eight wickets in Match 17 of the European T20 Premier League. Bas de Leede and Tim David led the charge with unbeaten half-centuries.
American 10th seed Amanda Anisimova was defeated by Austrian Anastasia Potapova in the third round of the U.S. Open. Potapova secured a 6-2, 7-5 victory, reaching the fourth round for the first time, while Anisimova struggled with unforced errors and failed to replicate her previous year's success.
Ibrahim Mbaye, the 18-year-old Senegal forward, has completed a permanent transfer from Paris St Germain to Premier League club Aston Villa.
As the world's most populous country, India's economy looks large in the aggregate even as its average incomes stay modest.
Ahead of President Vladimir Putin's visit to India for the BRICS summit, Russia has expressed support for New Delhi's peace initiatives to resolve the Ukraine conflict. Discussions between Putin and PM Modi will cover defence, energy, technology, and the repatriation of Indian nationals from the Russian military, alongside addressing trade and investment ties.
The Tata Curvv EV Series X keeps its distinctive coupe-SUV design but becomes a more attractive package with a standard 55kWh battery, more features and a lower starting price of Rs 16.99 lakh.
The owner of the building that collapsed in Satya Niketan, Delhi, killing seven people, has been apprehended from Rajasthan's Bhiwadi area. Hariram Gupta was arrested after a massive search operation, having gone into hiding immediately after the incident. Police are continuing their investigation into the circumstances of the collapse and the repair work being carried out.
Hundreds of Pune residents have protested against the use of loud music and DJ systems during the upcoming Ganesh festival, citing health issues and noise pollution. Ganesh Mandals, however, claim selective targeting and have pledged to follow guidelines to reduce noise.
Harshitha Samarawickrama's unbeaten 48 off 37 balls led Sri Lanka to a four-wicket victory over Bangladesh, securing their spot in the women's Asia Cup semi-finals.
India's electric two-wheeler market has seen record penetration, exceeding 11.2 per cent, driven by crude oil price fluctuations. This surge has led to an unexpected crisis for Indian OEMs, with unfulfilled customer demand reaching 20-30 per cent and average waiting periods exceeding four weeks, a situation expected to intensify during the upcoming festival season.
Families of students killed or injured in a paying guest accommodation collapse in Delhi's Satya Niketan are returning home shattered, questioning the city's safety and warning others against sending their children to the national capital for education.
The US District Court for the Eastern District of New York has revoked the naturalisation of Gurmeet Singh, an Indian-origin man, after he was convicted of rape and kidnapping. Singh had concealed these serious criminal acts during his naturalisation process, leading to the federal court's decision to strip him of his US citizenship.
China's Zheng Qinwen achieved a remarkable comeback victory against American Madison Keys in the U.S. Open third round, recovering from a 5-0 deficit in the deciding set. This win marks a significant moment for Zheng, who has been battling a chronic right elbow injury and underwent surgery last year, forcing her to go through qualifying.
Coco Gauff, the fourth seed, defeated Spain's Cristina Bucsa 6-3, 6-4 in the third round of the U.S. Open, securing her spot in the second week for the fifth consecutive year. Despite some struggles with her serve, Gauff maintained control and delivered 15 winners, showcasing her defensive skills and ability to change pace. She now awaits her next opponent, either Iva Jovic or Alexandra Eala.
India's foreign exchange reserves surged by USD 11.475 billion to a new record high of USD 740.803 billion for the week ended August 28, driven by the RBI's concessional forex swap initiatives.
Carlos Alcaraz, the defending champion, secured his spot in the US Open quarter-finals by defeating American Tommy Paul in straight sets. Alcaraz showcased a dominant performance, extending his major match-winning streak and expressing confidence in his return to top form after a wrist injury.
Major General Faisal Naseer, infamously dubbed 'Dirty Harry' for his controversial tenure in the ISI, has been appointed national co-ordinator of Pakistan's National Counter-Terrorism Authority.
India opener Shafali Verma acknowledged the team's batting unit needs to address its shortcomings on turning pitches, despite securing a 94-run victory against Thailand in the Women's Asia Cup opener. Verma, who scored a brisk 64, noted that while the new ball came on well, the older ball gripped and turned, causing difficulties for the middle order. She emphasised the need for adaptation and praised Thailand's improving performance.
Emma Navarro, the 26th seed, achieved her third top-10 victory of the year by defeating seventh seed Karolina Muchova 6-3, 7-5 at the U.S. Open. Navarro's strong baseline play and Muchova's struggles with unforced errors contributed to the upset, propelling Navarro into the fourth round.
SpaceX, led by Elon Musk, is establishing an in-house foundry in Bastrop, Texas, to produce high-spec gas turbine blades and vanes. This strategic move aims to alleviate a critical supply chain bottleneck hindering power generation for AI data centres in the US and accelerate natural gas turbine availability by up to 18 months. The facility will also leverage synergies with aerospace component manufacturing.
Shiv Sena (UBT) chief Uddhav Thackeray and MNS president Raj Thackeray have announced a joint 'morcha' (protest march) in Mumbai on July 26 to express solidarity with students protesting the NEET paper leak and alleged police atrocities.
JSW Group and China's SAIC Motor are in discussions for the next round of capital support for JSW MG Motor India, aiming to expand manufacturing capacity beyond 220,000 units annually to an ambitious one million vehicles and broaden its new-energy vehicle (NEV) portfolio.
Indian cricketers Manav Suthar, Auqib Nabi, Yuzvendra Chahal, and Mayank Agarwal showcased strong performances in the English County Championship, with Suthar's seven-wicket haul leading Warwickshire to an innings victory.
The All India Football Federation (AIFF) announced the new season of the Indian Women's League (IWL) will commence in October, alongside IWL 2. The federation also revealed significant changes including higher coaching licence requirements, revised disciplinary rules, and an ambitious long-term expansion strategy aiming for 12 teams by 2032 to professionalise women's football in India.
Rural commercial vehicle (CV) registrations have consistently outpaced urban sales from April to July 2026, driven by a significant diversification of the rural economy and the positive impact of GST-led consumption, according to experts and data from Fada.
