Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.
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.
The Asian Development Bank (ADB) has revised down India's GDP growth forecast for fiscal year 2026-27 (FY27) to 6.6 per cent from an earlier 6.9 per cent, primarily attributing the change to elevated energy prices stemming from the Middle East conflict. Despite this moderation, India is still expected to remain the world's fastest-growing major economy.
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.
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.
The BJP knows that there is no leader in its ranks who can match Modi's popularity or have his cult following, and what awaits is a return to the Vajpayee numbers, when allies called the shots, argues Saisuresh Sivaswamy.
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.
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.
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.
'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'.
Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.
The Chintan Shivir is expected to discuss the progress of government schemes, policy implementation, time management, inter-ministerial coordination, and public service delivery, among others.
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.
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'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.
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.
India has expressed serious concerns about the West Asia crisis and its potential impact on energy supplies and maritime stability, urging BRICS nations to find practical solutions to geopolitical challenges and unilateral sanctions.
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.
'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
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.
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.
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.
Virat Kohli, who debuted 18 years ago, has amassed over 28,000 international runs and 85 centuries, establishing himself as one of cricket's all-time greats with numerous unmatched records across all formats.
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.
The government on Thursday restored liquefied petroleum gas (LPG) supplies to commercial consumers such as hotels, restaurants and other businesses to pre-crisis levels, and lifted sector-specific restrictions imposed during the recent West Asia conflict, in a sign that energy supply concerns are easing as global markets stabilise.
I have to thank the 1980s for its soul-stirring music. It added so much melody and cheer to my life -- there hasn't been so much lovely music like that since, recalls Vaihayasi Pande Daniel.
Skoda Auto is strategically navigating the competitive Indian automotive market by prioritising profitable growth, exploring new powertrain options like CNG and a limited diesel return, and gearing up for a locally produced electric SUV, all while expanding its retail footprint.
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.
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.
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.
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.
Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.
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.
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.
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.
Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.
'India was the emirate's largest international source market by hotel guest volume.'
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.
'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.'
