Foreign Portfolio Investors (FPIs) withdrew Rs 13,138 crore from Indian equities in the first half of September, driven by heightened global uncertainty, rising crude oil prices, firm US bond yields, and a strong dollar, impacting risk appetite.
Tanya Chaudhary broke the women's hammer throw national record with a distance of 68.35m at the Indian Athletics Series Final. Avinash Sable also made a strong return to the 3000m steeplechase, winning his first race in over a year. The event served as a crucial tune-up for Indian athletes heading to the Asian Games, with several other notable performances including wins by Harita Bhadra, Animesh Kujur, Rohit Yadav, and Tajinderpal Singh Toor.
Coal inventories at India's thermal power stations have fallen to 22.9 million tonnes, providing only a seven-day fuel cover and affecting 74 out of 190 plants, a situation last seen in October 2023.
Indian information technology (IT) stocks, led by Infosys, experienced a significant selloff, dragging the Nifty to a two-month low, primarily due to escalating West Asian tensions pushing crude oil prices higher, and concerns over upcoming large IPOs diverting funds from secondary markets. The sector is also grappling with the long-term implications of AI disruption.
The Indian Olympic Association (IOA) is poised to approve significant constitutional amendments to comply with the National Sports Governance Act 2025. These changes, already endorsed by the executive committee, will be formalised at a Special General Body Meeting. Key areas of reform include age and tenure guidelines for office bearers, which differ from the existing IOA rules, and a potential reduction in the Executive Committee's size. The General House will also discuss the upcoming December elections.
Indian benchmark indices, Sensex and Nifty, closed higher on Thursday, breaking a three-day losing streak, driven by late buying in financial heavyweights like HDFC Bank and Axis Bank, despite persistent geopolitical tensions and crude oil prices exceeding USD 100 per barrel.
Arundhati Bhattacharya, Salesforce President and CEO for South Asia, stated that cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in technology. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs and urged Indian businesses to transform using technology, rather than merely digitising. She also highlighted the significant economic potential of AI adoption for India.
India's Maaya Rajeshwaran Revathi and her Ukrainian partner Antonina Sushkova concluded their impressive run at the US Open junior girls' doubles, losing in the semifinals to American twins Annika and Kristina Penickova. Despite the loss, their unseeded journey included significant upsets against seeded pairs.
The AM Green Indian Golf Premier League (IGPL) is set to host its second event in the UAE, resuming its season at Al Hamra Golf Club in Ras Al Khaimah from September 23 to 25. This event, presented by Vimtra Chennai Lions GC, marks the league's return to the UAE after its debut in Dubai last December, featuring top golfers like Gaganjeet Bhullar.
The Indian women's hockey team has departed for the Asian Games in Japan, aiming to win the gold medal and secure a direct qualification spot for the 2028 Los Angeles Olympic Games.
John Abraham, owner of Northeast United, believes the upcoming Indian Super League (ISL) season will mark a significant turning point for Indian football. With a new club-led domestic structure and a return to the traditional home-and-away format, Abraham envisions a "paradigm shift" where football could rival cricket's popularity. He also highlighted NEUFC's regional impact and their ambition to win the ISL title.
NPCI International and Uzbekistan's NIPC have partnered to enable UPI payments across Uzbekistan, allowing Indian tourists, business travellers, and students to make instant merchant payments using the UZQR code. This agreement, approved by RBI and CBU, integrates UPI with Uzbekistan's national payment system, HUMO, facilitating direct P2M payments from Indian bank accounts and reducing reliance on foreign exchange or international cards.
Indian shooters bound for the Asian Games will participate in preparatory camps in Delhi and Bhopal this month. These camps, focusing on mental conditioning and technical refinement, are crucial for the athletes to achieve peak performance at the quadrennial event in Japan, which begins on September 19. The article also lists the full shooting squad.
The Ministry of External Affairs has issued a strong advisory warning Indian nationals against joining the Russian armed forces, citing significant mortal dangers. The MEA noted instances of individuals seeking recruitment for monetary benefits, with some even renouncing Indian citizenship. The government is actively engaged with Russia to ensure the safety and early discharge of Indians already serving, having secured the release of 139 nationals previously.
The Indian Olympic Association (IOA) has approved significant constitutional changes to align with the National Sports Governance Act (NSGA), allowing for longer tenures for office-bearers and revising age limits. These amendments, which have received preliminary approval from the International Olympic Committee (IOC), also impact the structure of the Executive Council and set the stage for upcoming elections, including those for the Athletes' Commission.
Indian benchmark indices, Sensex and Nifty, ended marginally lower after recovering from sharp intraday losses, driven by cooling crude oil prices and buying interest in HDFC Bank and IT sector stocks.
An Indian-origin engineer couple, Anuradha and Vikas Sinha, have donated $20 million to the University of North Texas (UNT) to establish the Anuradha and Vikas Sinha College of Artificial Intelligence and Advanced Analytics. This significant gift aims to create new opportunities for students and faculty, focusing on building and deploying intelligent systems and understanding their operation within human contexts. The donation underscores the couple's belief in education and immigrant contributions to the American dream, supporting leadership, scholarships, professorships, research, and entrepreneurship.
Former Brazil captain Cafu discussed India's upcoming friendly against Brazil, highlighting the learning opportunity despite ranking differences. He also suggested India popularise football among children for growth, commented on Brazil's World Cup drought, and reflected on the evolving role of fullbacks in modern football.
Sports Minister Mansukh Mandaviya met with Indian men's and women's hockey teams and officials to review their recent World Cup performance. He urged them to move past the disappointment, identify shortcomings, and focus on the upcoming Asian Games to secure qualification for the Los Angeles Olympics. The minister also discussed the future of the Hockey India League.
Vikash Dhorasoo, the first Indian-origin player in a FIFA World Cup, expresses strong belief in India's potential to reach football's biggest stage. Visiting India for a friendly match against Brazil, Dhorasoo highlights the importance of method, clear objectives, and leveraging players of Indian origin to elevate the national team's level. He also offers his coaching expertise to help develop young talent in India.
The Indian athletics team for the upcoming Asian Games in Japan has undergone significant changes. Commonwealth Games medallist Yashvir Singh replaces an injured Neeraj Chopra, while long-distance runner Abhishek Pal has been dropped due to an alleged doping offence. Tejas Shirse is also out due to injury. The final team comprises 77 members, with six new additions. The Athletics Federation of India is aiming for 25-30 medals.
Foreign portfolio investors (FPIs) turned net sellers in the first week of September, withdrawing Rs 7,443 crore from Indian equities, driven by rising crude oil prices, increasing US bond yields, and a strong dollar.
In a first, Indian Army's combat dog jumps from a plane with handler, paratrooper.
The Indian women's compound archery team defeated South Korea in the semifinals of the Asian Games, securing their spot in the gold medal match against China.
Indian cricketer Rohit Sharma achieved a significant milestone by crossing 12,000 runs in One Day Internationals during a match against the West Indies in Guwahati. He became the seventh batter globally and third Indian to reach this feat, also scoring his 35th ODI century. This achievement places him alongside cricketing legends Sachin Tendulkar and Virat Kohli in an exclusive club of high-scoring Indian batsmen.
Kerala's Mijo Chacko Kurian secured a gold medal in the men's 400m event and a silver in the 200m at the 15th leg of the Indian Athletics Series in Meerut. The event also saw other athletes like Adesh Garsa, Sandeep Singh, Avantika Narale, Harita Bhadra, and Priya Mohan clinch top honours across various track and field disciplines, showcasing a strong performance from national athletes.
Indian tennis player Sumit Nagal has progressed to the men's singles quarterfinals at the Asian Games after defeating Sergey Fomin. However, fellow Indian Dhakshineswar Suresh was eliminated in the third round. In men's doubles, the pair of N Sriram Balaji and Anirudh Chandrasekar lost their quarterfinal match, while another Indian duo is yet to play.
The Indian women's compound archery team, comprising Jyothi Surekha Vennam, Chikitha Taniparthi, and Prithika Pradeep, won the gold medal at the Asian Games by defeating China 238-234 in the final. The team also equalled a world record score, marking a sensational performance and successfully retaining their title.
India's shooters Neeru Dhanda and Kynan Chenai clinched the gold medal in the trap mixed team event at the Asian Games on Wednesday.
Indian shooters Neeru Dhanda and Kynan Chenai won the Asian Games trap mixed team gold, setting a new continental record. This victory marks a significant achievement for India's shooting campaign, with Dhanda also securing an individual gold earlier. The pair's success contributes to India's growing medal tally in shooting at the Games.
Indian canoe slalom paddlers Hitesh Kewat, Pradhyumna Singh Rathod, Pallavi Jagtap, and Rina Sen have successfully advanced to the semifinals in their respective events at the Asian Games. Shikha Chouhan also qualified for the semifinals in the women's kayak single. The semifinals and medal rounds for most are scheduled for Wednesday, with Chouhan competing on Thursday.
India's junior pickleball team finished fourth, and the kids' team secured a silver medal at the Pickleball World Cup in Da Nang, Vietnam. The Open and Masters teams reached the quarter-finals, while Purvansh Patel won gold and Veer Shah won bronze in individual singles categories.
Indian boxers Parveen Hooda and Ankush Panghal have secured their spots in the gold medal bouts of their respective weight categories at the Asian Games, with Parveen overcoming a past suspension to achieve this feat and Ankush defeating a world champion. This achievement marks a significant improvement for India's boxing contingent.
India's compound mixed archery pair of Chikitha Taniparthi and Sahil Jadhav won a gold medal and secured a 2028 Olympic quota place at the Asian Games by defeating Korea in a thrilling shoot-off. This victory marks a significant achievement for Indian archery, following another gold in the women's compound team event.
The Indian men's volleyball team secured its third consecutive victory at the Asian Games, defeating Qatar 3-2 in a hard-fought match to qualify for the quarterfinals. The team showed remarkable resilience, coming back from two sets down in a marathon encounter.
Nishchal Chand and Gatha Suryawanshi have advanced to the finals of the Indian Junior International badminton Grand Prix in Pune. Chand, a 16th seed, upset second seed Jagsher Singh Khangurra in the men's singles, while Suryawanshi defeated Thailand's Pattanun Thiannaparpornchok in the women's singles.
Lovlina Borgohain has made history by becoming the first Indian woman boxer to reach consecutive Asian Games finals, assuring at least a silver medal.
The Indian 4x100m mixed relay team has successfully qualified for the final at the Asian Games, finishing second in their heat and third overall.
The Indian women's hockey team defeated South Korea 2-0 to qualify for the Asian Games final, ending a 44-year wait for a potential gold medal. Goals from Ishika Chaudhary and Salima Tete secured the victory, setting up a clash with defending champions China in the final.
The Indian men's cricket team will compete against Sri Lanka in the Asian Games semi-finals after rain forced the abandonment of several quarter-final matches, with Sri Lanka advancing due to their higher ranking.
