RBI Governor Sanjay Malhotra stated it is "premature" to discuss the implementation of Merchant Discount Rate (MDR) for digital payments, advising a "wait-and-watch" approach. He emphasised that investment in public payment infrastructure is necessary and someone must bear the cost, whether through taxes or MDR. The government is currently working on amendments to relevant statutes, and the RBI is focused on strengthening this infrastructure.
The World Bank's "World Development Report 2026" urges developing countries to adopt low-cost AI tools to accelerate progress in healthcare, education, and judicial services. The report highlights AI's potential to boost productivity and improve public services, while noting that jobs in high-income countries are more at risk from automation than those in developing nations.
Indian golfers Shubhankar Sharma and Anirban Lahiri are set to lead the home challenge at the DP World India Championship, scheduled for October 15-18 at the Delhi Golf Club. The tournament will feature a star-studded international field including Major winner Rory McIlroy, Tommy Fleetwood, Ryan Fox, Shane Lowry, Justin Rose, Luke Donald, and Viktor Hovland. Both Sharma and Lahiri expressed excitement about competing on home soil, highlighting the event's significance for Indian golf.
Exiled Bangladeshi author Taslima Nasreen has drawn a parallel between the CJP-led protest in Delhi and the 2024 student movement in Bangladesh that ousted Sheikh Hasina's regime, warning that the Bangladesh stir 'fooled us' and was ultimately taken over by 'jihadis'.
Debutants FC Raengdai secured a thrilling 4-3 victory over TRAU FC in the Durand Cup, with Mridul Doley scoring a hat-trick. This win propelled FC Raengdai to the top of Group D. Langsning FC also had a memorable debut, defeating Mumbay FC 5-0 in another fixture.
A joint report by Deloitte India and FICCI projects India's consumer economy to reach USD 1.9 trillion by 2030. This growth will be fuelled by rapid AI adoption, evolving consumer preferences, and new commerce models like e-commerce and quick commerce. India leads in AI adoption among top countries, with businesses leveraging it for engagement, innovation, and forecasting. The report also highlights the emergence of a new Indian consumer seeking convenience and transparency, and identifies key trends shaping FMCG, retail, and e-commerce sectors.
Indian women wrestlers secured two silver and two bronze medals at the U17 World Wrestling Championships in Baku, with Sandhya Vishnoi and Akshara winning silver, and Avanshika and Taniya earning bronze.
AI4Bharat at IIT Madras and Josh Talks AI have launched 'Voice of India', a multimodal AI evaluation platform designed to assess AI systems against Indian conditions, languages, accents, and dialects. This platform aims to provide scientifically rigorous, India-specific evaluations, covering areas like Voice AI, large language models, document processing, safety, cultural appropriateness, and Indian legal reasoning, to build trust and enable informed deployment decisions.
The government is questioning the visiting Meta team on whether the company is adhering to the law of the land, following summons to the social media giant over temporary restriction of Prime Minister Narendra Modi's Facebook post recently, sources said on Thursday.
The Lok Sabha introduced four significant bills on Monday, including amendments to mines and minerals regulations, the establishment of a National Tribunals Commission, and the renaming of Kerala to Keralam, all while facing continuous protests from opposition members demanding a discussion on the July 20 police crackdown on students.
National record holder Sarvesh Kushare achieved a historic feat by becoming the first Indian to win a silver medal in the men's high jump event at the Commonwealth Games, clearing 2.25m.
Top Indian squash players Anahat Singh and Aryaveer Dewan are leading the country's challenge at the World Squash Junior Championships in Ontario. Anahat, seeded first in the women's section, aims for her maiden world junior title, while Aryaveer, seeded 5/8, looks to continue his strong performance after winning the Asian Junior U-19 crown. Several other Indian players are also competing in the prestigious tournament.
Two-time Olympic medallist Neeraj Chopra is set to compete in the Lausanne Diamond League on August 21. He will face a formidable field of javelin throwers, including Commonwealth Games champion Rumesh Pathirage, Olympic champion Arshad Nadeem, and world champions. This marks Chopra's third competition since returning from injury, following his silver medal win at the recent Commonwealth Games.
Indian shuttler Unnati Hooda defeated compatriot Devika Sihag in straight games to secure her spot in the Taipei Open semifinals. Hooda, the third seed, won a tightly contested first game before dominating the second to close out the match.
India anticipates a reduction in the United States' proposed tariffs on Indian goods under the Section 301 investigation, following New Delhi's recent notification to restrict the import of products made with forced labour.
India's Women's Pairs team, comprising Rupa Rani Tirkey and Pinki Singh, secured a thrilling tie-break victory against Malta in their opening Bowls event at the Glasgow Commonwealth Games. The Indian duo showcased resilience after Malta fought back, ultimately winning the decisive final bowl.
Discover the top OTT releases this week, featuring a compelling mix of Hindi dramas like Imtiaz Ali's Main Vaapas Aaunga and Manoj Bajpayee's Governor, alongside regional and international titles.
Major bills, including those on women's reservation, delimitation, and the Foreign Contribution (Regulation) Act (FCRA), face an uncertain future in the ongoing Monsoon session of Parliament due to persistent opposition protests and a lack of consensus.
Haryana Chief Minister Nayab Singh Saini met with a World Bank delegation to discuss advancing Artificial Intelligence, digital governance, and skill development in the state. The discussions focused on leveraging technology to enhance citizen services, with plans to showcase Haryana's AI Sandbox globally and develop a dedicated AI model for the state.
Indian badminton prodigy Tanvi Sharma, 17, secured her first BWF World Tour title by winning the women's singles at the Taipei Open Super 300. She defeated Vietnam's Thuy Linh Nguyen in straight games, showcasing her potential as a rising star in the sport.
The Indian Navy football team secured their first victory in the Durand Cup, defeating NEROCA FC 2-0 in a Group D fixture. Goals from Roshan Panna and E Muhammed Inayath sealed the win, moving the Navy to second place in their group.
The Badminton World Federation (BWF) has expressed satisfaction with the extensive renovation and cleaning work at the Indira Gandhi Indoor Stadium in New Delhi, addressing previous criticisms regarding hygiene and facilities. Significant improvements have been made, including toilet renovations, deep cleaning, seat replacements, and pest control measures, ensuring the venue is ready for the upcoming World Championships.
Indian athletes are set to compete across various disciplines including athletics, boxing, lawn bowls, swimming, and weightlifting on the seventh day of the Commonwealth Games, with several medal events scheduled.
Indian weightlifter Gyaneshwari Yadav, an Asian Championships bronze winner, secured a silver medal in the women's 53kg category at the Glasgow Commonwealth Games, lifting a total of 199kg.
The fifth edition of the J&K Open golf tournament, featuring a doubled prize purse of Rs 1 crore, is set to begin at the Royal Springs Golf Course in Srinagar. Defending champion Shaurya Bhattacharya will compete against top Indian professionals and international players, with the event also aiming to boost golf tourism in the region.
An organisational meeting of the Punjab Congress in Ludhiana, aimed at preparing for the 2027 assembly elections, was marred by protests and "go back" slogans against senior leaders Bhupesh Baghel and Amrinder Singh Raja Warring, highlighting the party's persistent internal divisions.
Kovai Kings, a Tamil Nadu Premier League team, has secured VIDA as its title partner for the 2026 season. The team, now rebranded as VIDA Kovai Kings, also unveiled its new official jersey and will be led by M Shahrukh Khan and B Sai Sudharsan. This partnership aims to combine high performance with innovation and sustainability.
A new study reveals that solar winds gradually strip atmospheric particles from Mars, similar to how wind creates waves on water. Researchers used data from NASA's MAVEN and China's Tianwen-1 missions to identify Kelvin-Helmholtz waves as a key mechanism driving this atmospheric escape, explaining how Mars transformed from a potentially habitable planet to its current cold, dry state.
The All India Tennis Association (AITA) has voted to cap the age for eligibility to its Executive Committee at 70 years, aligning its constitution with the National Sports Governance Act. This decision, approved by a narrow margin, allows elected members to complete their full four-year term even if they cross 70 during their tenure. The move is part of a broader constitutional overhaul overseen by the Delhi High Court, which also includes new tenure provisions and the election of Sportspersons of Outstanding Merit.
Two women from Arunachal Pradesh, January Tali and Hachu Lombo, have successfully scaled the 7,077-metre high Mt Kun in Ladakh, a challenging peak in the Zanskar range. Their achievement has been lauded by the Arunachal Pradesh Governor and is expected to inspire youth in the state.
All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.
IT Secretary S Krishnan advocates for India to pursue "strategic autonomy" in the AI ecosystem by building domestic capabilities and diversifying global supply chains. He emphasized avoiding overdependence on single sources while integrating into trusted global networks, and also highlighted the need to consider an AI law and regulatory framework.
Delhi Chief Minister Rekha Gupta inaugurated the Commonwealth Table Tennis Championship at the Thyagaraj Sports Complex, highlighting the Delhi government's commitment to promoting sports. The event features top players from 25 Commonwealth nations and will conclude on August 2.
The Supreme Court has formally acquitted former Prime Minister Manmohan Singh in a high-profile coal block allocation case, setting aside a summoning order against him and accepting the CBI's closure report.
Indian badminton players Unnati Hooda and Tanvi Sharma have successfully advanced to the women's singles semifinals of the Taipei Open. While Hooda secured a straight-game victory over fellow Indian Devika Sihag, Sharma triumphed in a tough three-game match against Thailand's Supanida Katethong. However, Kiran George faced defeat in the men's singles quarterfinal.
Former India cricketer Rajesh Chauhan has been booked for allegedly cheating a man of over Rs 15 lakh by promising a transport contract with a steel company, a case registered on court orders under Section 316(2) of the Bharatiya Nyay Sanhita.
The Supreme Court has agreed to hear a plea from Uttar Pradesh police challenging a Bombay High Court ruling that absolved BrahMos Aerospace engineer Nishant Agarwal of major espionage charges under the Official Secrets Act. Agarwal was previously sentenced to life imprisonment by a Nagpur district court for spying for Pakistan's ISI, despite the High Court finding he only illegally stored sensitive data.
India's U-21 men's hockey team will host Malaysia for an eight-match exposure series in Bengaluru from August 7-13, serving as crucial preparation for the upcoming Junior Asia Cup and strengthening bilateral sporting ties.
Indian wrestlers Nikita Sehrawat, Kamna Babal, and Garima secured three medals at the U17 World Championships in Baku. Nikita Sehrawat clinched a silver medal in the 57kg category, while Kamna Babal (49kg) and Garima (73kg) each earned bronze medals, showcasing strong performances on the international stage.
Chhattisgarh Chief Minister Vishnu Deo Sai has announced a Rs 30 lakh cash reward and an out-of-turn promotion to Deputy Superintendent of Police for weightlifter Gyaneshwari Yadav. This recognition follows her silver medal win in the women's 53 kg category at the Commonwealth Games 2026. The Chief Minister lauded her perseverance and dedication, highlighting her achievement as an inspiration for youth and a testament to the state's sporting talent.
