Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
From a milk abhishek and aarti in Patna and Vadnagar to blood donation camps in Delhi, sand art tributes in Puri and Agartala, and havan pujas in Jammu, BJP leaders and others nationwide honoured the occasion of Prime Minister Narendra Modi's 76th birthday with prayers, service drives and tributes.
India launched 'Suryapath Tiranga', a unique initiative involving over 50 Indian missions globally, to digitally relay images of the tricolour across multiple time zones, starting from Fiji, to mark the country's 80th Independence Day.
The Indian rupee experienced its sharpest single-day decline in eight weeks, settling at 94.83 per dollar, primarily due to escalating crude oil prices and persistent risk-off sentiment driven by heightened geopolitical tensions and limited foreign inflows.
'If crude remains above $100 per barrel, with restricted retail-price increases, OMCs could face negative petrol and diesel marketing margins, higher LPG under-recoveries, higher crude-landing, freight and insurance costs, working capital and debt accumulation and inventory losses if crude subsequently corrects sharply.'
Prime Minister Narendra Modi, addressing the BRICS summit, called for a fundamental shift in global governance, advocating for the replacement of the current 'pyramid of privilege' with a 'platform of partnership' where the Global South becomes a 'rule shaper' rather than a 'rule follower'.
Virat Kohli impressed Eknath Shinde with his humility during their London meeting, while the duo discussed Maharashtra's development, sports, youth talent and the cricketer's upcoming ODI milestones.
Following a disappointing performance against Afghanistan, Sanju Samson's inconsistent form has once again put his place in India's T20I squad under intense scrutiny.
Indian wicketkeeper-batter Sanju Samson has surpassed 2,000 international runs, achieving the milestone with an explosive 57 off 22 balls against Afghanistan at Arun Jaitley Stadium. This performance marks a significant return to form for Samson, who has also had a stellar year in T20Is, including a 'Player of the Tournament' award in the T20 World Cup.
A rebel Trinamool Congress faction, led by Ritabrata Banerjee, has named candidates for two assembly bypolls in West Bengal, directly challenging the Mamata Banerjee-led camp. This move escalates the internal party battle, particularly over the 'twin flowers' symbol, which both factions claim. The Election Commission is currently reviewing the dispute, and the bypolls in Nandigram and Rejinagar will serve as a crucial electoral test for both sides.
India is currently examining Bangladesh's request for the extradition of former prime minister Sheikh Hasina, who has been living in India since her government's collapse in August 2024, with New Delhi confirming the issue is being processed according to established procedures.
Chinese President Xi Jinping notably skipped a gala dinner hosted by Prime Minister Narendra Modi for BRICS leaders and other dignitaries, with sources suggesting he returned to his hotel to rest. Meanwhile, a grand cultural performance, 'BRICS Symphony - One Rhythm, Many Cultures', featuring artistes from member countries, was a highlight of the evening.
A Kishore Kumar song, a birthday cake, a prince's break from protocol to thank his driver, a Persian painting on the ceiling of the presidential residence -- the BRICS Summit had many memorable moments.
A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.
India's men's hockey team has experienced a varied journey in the World Cup, from winning bronze in 1971 and gold in 1975 to a prolonged period without a podium finish.
A Mumbai student activist's home was subjected to a nine-hour police search following her participation in a global kite-flying event expressing solidarity with children in Gaza.
Prime Minister Narendra Modi met Iranian President Masoud Pezeshkian at the SCO summit, advocating for dialogue and diplomacy to resolve the West Asia conflict and expressing India's desire to expand and diversify trade with Iran. Pezeshkian, in turn, urged India to leverage its contacts to promote peace.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
Economists widely anticipate the Reserve Bank of India's Monetary Policy Committee will increase the repo rate by 50 basis points, likely split between the October and December meetings, as retail inflation is projected to peak at 6.1 per cent in the third quarter, exceeding the RBI's tolerance limit.
The BCCI has announced new associate partnerships with Campa, SBI Life, and ChatGPT for India's home cricket matches. These deals are valued at over Rs 130 crore for two seasons, marking a 44% increase over the previous cycle and extending until March 2028. The partnerships highlight the growing commercial appeal and versatility of Indian cricket.
The successful hosting of the 18th BRICS summit in New Delhi has provided a significant boost to the BJP, offering a timely opportunity to strengthen its narrative against the opposition ahead of crucial assembly elections next year. BJP sources highlight the BRICS grouping's strong condemnation of the Pahalgam terror attack and the consensus declaration as major diplomatic victories for the Modi government, countering criticisms of its foreign policy. The party plans to leverage these outcomes during its month-long Seva Sankalp campaign to connect with various sections of society.
Eran Wickramaratne, chairman of Sri Lanka Cricket's interim committee, has called for a revision of the ICC's Future Tours Programme to allow Sri Lanka to play more Test matches against cricketing powerhouses like India, England, and Australia, citing the financial dependence on India and the desire to excel in the format.
Russian President Vladimir Putin has arrived in India for a three-day visit to attend the BRICS summit and hold bilateral talks with Prime Minister Narendra Modi, focusing on expanding trade, investment, and energy cooperation amidst global geopolitical challenges.
'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.'
Foreign portfolio investors (FPIs) have withdrawn nearly Rs 5,109.21 crore from Indian government securities under the fully accessible route (FAR) in just three days, driven by global uncertainty, elevated crude prices, rising US Treasury yields, and a depreciating rupee.
'I don't really expect the August increase in food prices, which was close to 6 per cent, to persist as we go close to the end of this year.'
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.
Former captain Sourav Ganguly defends veteran pacer Mohammed Shami against claims of neglect by selectors, praising his domestic performances. Ganguly also expresses optimism about Ishan Kishan's potential return to Test cricket, highlighting his strong form in recent domestic finals.
'Giving up is very easy. But don't give up. Try out whatever you can. Something will happen.'
India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.
India is hosting the 18th BRICS Summit in New Delhi, bringing together numerous world leaders including presidents from China, Russia, South Africa, Iran, and Egypt, along with prime ministers and foreign ministers from other nations. The summit will feature bilateral talks and highlights the expanded BRICS grouping's growing global influence and India's significant role as a founding member and current chair.
Prime Minister Narendra Modi and Russian President Vladimir Putin held extensive discussions to strengthen bilateral trade, defence, and energy cooperation, while also addressing the ongoing Ukraine conflict and exploring avenues for peace and resolution, with Modi reiterating India's call for dialogue and diplomacy.
India has removed a key regulatory hurdle, allowing exporters to receive payments in Indian currency while retaining incentives under the country's foreign trade policy, a move aimed at promoting wider use of the rupee in international trade.
West Bengal BJP president Samik Bhattacharya's comments recalling the role of non-Bengali communities during the 1946 communal riots and alleging past restrictions on Durga Puja have drawn sharp criticism from opposition parties, including the TMC, Congress, and CPI(M). Bhattacharya appealed for unity for peaceful Durga Puja celebrations, while opposition leaders accused him of divisive politics and distorting history.
New Delhi was told it had given something up; in reality it had stopped talking about it, notes Dr Abhishek Puri.
The Nomad Games, a biannual tournament of traditional nomadic sports, has drawn over 3,000 athletes from more than 100 countries to Kyrgyzstan, including many from Western nations keen to experience ancient Central Asian traditions like horseback archery and Kok Boru.
Indian cricketer Rohit Sharma has responded to speculation about his participation in the 2027 ODI World Cup, stating that "October 2027 is far away." BCCI secretary Devajit Saikia also dismissed concerns, highlighting Sharma's current form.
The West Bengal government has transferred approximately 32 acres of land to the Border Security Force (BSF) for fencing along the India-Bangladesh border, a process that had been pending for several years. The state cabinet also approved proposals for additional land transfers for permanent border outposts and further fencing work in various districts.
India's burgeoning franchise volleyball ecosystem, particularly with dedicated Under-21 tournaments like the Guardians Trophy, is creating a structured pathway for young players. This initiative aims to develop talent from the grassroots to professional levels, fostering cultural adaptation and skill enhancement, with the ultimate goal of strengthening the senior national team and achieving Olympic qualification.
Legendary West Indies batter Brian Lara has joined other former cricketers in calling for proper medical treatment and humane conditions for jailed former Pakistan captain and Prime Minister Imran Khan.
