Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.
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 Indian Council of Medical Research (ICMR) has informed the National Green Tribunal (NGT) that its nationwide study investigating cancer-causing chemicals in car interiors is projected to be completed by May 2027. This study follows a media report highlighting the presence of flame retardants like TCIPP, TDCIPP, and TCEP in car cabin air, which are considered potential carcinogens.
The Bareilly administration has initiated comprehensive measures to enhance flight safety around its Air Force station. These steps include stricter monitoring of drones, addressing bird activity, regulating unauthorised construction, improving waste management, and controlling stray animal populations, all identified as potential threats to aircraft operations.
The Reserve Bank of India (RBI) has prematurely closed its swap facility for foreign currency non-resident (bank) deposits, FCNR(B), one month ahead of schedule, after banks mobilised $52.3 billion under the scheme by August 13, indicating sufficient foreign currency reserves.
Maharashtra's transport department has initiated a statewide drive to assess taxi and autorickshaw drivers' working knowledge of Marathi, issuing notices to 1,268 drivers on the first day. Those who fail the initial 16-question test will receive a one-month notice to learn Marathi, with subsequent failure leading to a three-month badge suspension.
India vice-captain KL Rahul revealed that the team's aggressive approach in the Galle Test against Sri Lanka was driven by the knowledge of an impending heavy shower, which arrived just five minutes after their 165-run victory.
Indian wicketkeeper-batter Dhruv Jurel is at a critical juncture in his Test career, with his performance in the upcoming Sri Lanka series crucial for his future, especially given his struggles against spin and the presence of Sarfaraz Khan.
A 17-year-old girl was allegedly murdered by her cousin in north Delhi's Burari, with her body subsequently packed into a suitcase and dumped at a secluded spot. Police apprehended the accused after receiving a tip-off, and he confessed to the crime, leading them to the body.
Indian javelin star Neeraj Chopra achieved his season's best throw of 88.05m at the Lausanne Diamond League, securing second place, narrowly beaten by Sri Lanka's Rumesh Pathirage who threw 88.14m.
The income-tax department has launched a significant verification drive targeting 394 entities and 36 professionals over suspected irregularities in substantial foreign remittances made over the past three years, aiming to uncover potential tax evasion and fraudulent transactions.
After ending a 22-year wait for the Premier League title, Arsenal manager Mikel Arteta faces the formidable task of defending the crown, a feat achieved by only three managers in the league's history.
The US senate last week passed a bill that would allow Washington to impose tariffs on major buyers of Russian energy.
One in 10 employees at California-headquartered technology unicorns now work from India, surpassing other major US tech hubs and several countries, driven by US visa restrictions and substantial cost savings.
An IndiGo flight from Kolkata to Chennai declared a full emergency and landed safely at Chennai Airport after its left engine became inoperative, with 224 persons on board.
'whom he believes in ... or whom he has faith in. But we don't know whether that person will be competent or not. This will lead to a lot of uncertainty in the minds of investors and shareholders of the Tata group companies.'
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a significant spike in crude oil prices, driven by escalating geopolitical uncertainties, despite positive cues from Asian and US markets.
The Central government has approved an additional Rs 1,000 crore for electric two-wheelers (e2w) under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, extending incentives for the segment until March 2028.
'... 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.'
Former India cricketer Harbhajan Singh believes the exploding popularity of T20 leagues, particularly the IPL, poses a significant threat to the future of bilateral international cricket, stating that '70 per cent (people are watching club cricket instead of international cricket)'.
Pakistan's Olympic gold-medallist javelin thrower Arshad Nadeem will skip the upcoming Diamond League meet in Lausanne to concentrate on his preparation for the Asian Games and another international event. He will undergo a training camp in South Africa under coach Terseus Liebenberg, aiming to improve his performance after recent struggles.
Reserve Bank Deputy Governor S C Murmu has highlighted the "cash paradox" where currency in circulation continues to grow despite a significant increase in digital payments. This trend complicates the RBI's forecasting and planning for currency production and distribution, prompting the central bank to seek solutions and explore ways to extend banknote life and reduce the carbon footprint of the cash cycle.
The Trump administration has reinstated and expanded the "public charge" rule, making it harder for immigrants seeking green cards if they have used public benefits like Medicaid, food stamps, or housing assistance. This policy change, effective September 18, will impact many applicants, including those from India, by broadening the criteria for inadmissibility.
The Bharatiya Janata Party (BJP) has appointed academic Deepak Mhaskey as the new head of its social media department, succeeding Amit Malviya who led the party's digital outreach for 11 years. Malviya expressed confidence in the new leadership to further enhance the BJP's digital communication and public discourse.
N Chandrasekaran not only faces muted financial performance from the group's listed companies, but also mounting losses at Tata Sons' unlisted subsidiaries, many of which have been set up by him in the last decade.
'It is better not to compare Ramayana with Adipurush. There should be no shame in admitting that Adipurush couldn't meet expectations. People who are associated with the film made it with a lot of effort, but it was a failed attempt.'
Rental yield can indicate whether a property is undervalued, overvalued or fairly valued.
From Sanjay Leela Bhansali and S S Rajamouli to Sundar C and Ayan Mukerji, these 15 filmmakers took a wild detour from their comfort zones, with wildly different results.
Foreign Portfolio Investors (FPIs) injected Rs 12,921 crore into Indian equities during the first week of August, extending their buying spree, driven by improving macroeconomic conditions, expectations of US rate cuts, lower crude oil prices, and a stable rupee.
Barcelona have signed midfielder Rodri from Manchester City on a deal until June 2030, the LaLiga champions announced on Tuesday, ending the Spaniard's glittering, trophy-laden spell with the Premier League club in a major coup for the Catalan side.
Mithunda is expected to be discharged from hospital soon.
Prime Minister Narendra Modi announced India's strong bid to host the 2036 Olympic Games and detailed plans for a nationwide talent hunt for children aged 5 to 15 to ensure significant participation and success in the event. He highlighted the success of the Target Olympic Podium Scheme (TOPS) and India's growing presence in global sports.
Former Wimbledon finalist Nick Kyrgios has been provisionally suspended from tennis after testing positive for benzoylecgonine, a cocaine metabolite, from a sample taken during an ATP 250 event in Mallorca in June. The volatile Australian owned up to his "huge mistake" in a public apology, citing the physical and mental toll of recent injuries.
SkyHop Aviation has partnered with Norwegian firm NOEMI Aerospace to explore deploying electric seaplanes in India and South Asia, aiming to enhance regional air connectivity. The collaboration includes evaluating NOEMI's aircraft for SkyHop's fleet, with plans to induct up to 10 by FY2030, and exploring manufacturing opportunities in India.
The Securities and Exchange Board of India (Sebi) has swiftly barred Copthall Mauritius Investment and Mansi Share & Stock Broking from the securities market for alleged manipulative trades during the closing auction session (CAS) on Sensex expiry. The regulator has also directed the impounding of wrongful gains totalling 3.67 crore from the two entities.
Regional football powerhouses, including UEFA, AFC, and CONCACAF, are reportedly discussing a vote of no confidence against FIFA President Gianni Infantino. This move comes after Infantino angered them with a proposal to sell a stake in the World Cup to private investors. Despite significant opposition, Infantino retains support from some member associations, particularly from Africa, complicating any challenge to his leadership ahead of the 2027 election.
The Reserve Bank of India (RBI) is widely expected to keep its benchmark repo rate unchanged in the August monetary policy review, with economists citing elevated inflation risks and the pending closure of the FCNR(B) deposit scheme as key factors. Most anticipate a 'Neutral' policy stance but with a hawkish tone due to geopolitical tensions, high crude oil prices, and an uneven monsoon.
India's bowling coach Morne Morkel has emphasised the crucial role wicketkeeper-batter KL Rahul will play in the upcoming Test series against Sri Lanka, citing his experience and ability to guide younger players.
The fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks.
Manav Suthar delivered a standout performance in just his second Test, taking 10 wickets as India beat Sri Lanka by 165 runs in the opening match of the series.