India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.
The technology services sector in India will continue to remain relevant to global enterprises transformation in the artificial intelligence (AI) era, the Nasscom US CEO Forum said, even though there will be changes in how services are delivered and scaled up. Chief executive officers of Indian technology companies, who attended the discussion, also said AI will expand the addressable market opportunity across enterprise modernisation, data, AI governance and intelligent operations.
Despite BEST employees calling off their indefinite strike, Mumbai's bus services remained significantly below normal on Monday morning, with only 57% of the scheduled fleet operational. Commuters experienced long waits, leading many to seek alternative transport. The strike ended after an agreement with Deputy CM Eknath Shinde, which included interim pay hikes and commitments for future improvements and clearing dues.
Bhubaneswar police have busted a fraudulent digital escort service racket, arresting four individuals for allegedly misusing women's photographs on social media and cheating customers through online payments. The investigation, initiated by a woman's complaint, led to the seizure of digital evidence and a public advisory against such scams.
Senior Shri Ram Janmabhoomi Teerth Kshetra Trust functionary Champat Rai has reportedly resigned, stating his "service in Ayodhya is complete" due to the donation embezzlement controversy. He feels "betrayed," and his future, along with that of Trust member Anil Mishra, will be decided at a July 6 meeting. The controversy began with allegations from Samajwadi Party chief Akhilesh Yadav, leading to an SIT investigation, arrests, and Rai's resignation offer.
Fintech platform Decentro has received final approval for a Payment Service Provider (PSP) licence from the IFSCA at GIFT City, enhancing its cross-border payment capabilities.
Google Cloud services in major Indian cities, including Delhi, Mumbai, and Chennai, are experiencing network disruptions and elevated latency following a fire at a third-party data centre facility in the national capital, which necessitated an emergency power shutdown.
A massive fire at a bed-and-breakfast hotel in Delhi's Malviya Nagar killed 21 people, with residents alleging a delayed response from fire tenders, which the Delhi Fire Service denies. Police personnel were also injured during rescue efforts.
Tata Motors' commercial vehicle business is increasingly focusing on parts, services, connected-vehicle platforms, and digital businesses to drive growth and reduce dependence on cyclical vehicle sales, as outlined in its FY26 annual report.
India's services sector experienced its strongest growth in six months in May, with the HSBC India Services PMI Business Activity Index rising to 59.8. This expansion was driven by healthy demand, new client acquisitions, and improved new business intakes, alongside a softer rise in cost burdens.
D K Shivakumar expresses gratitude and respect for Siddaramaiah's leadership as Chief Minister of Karnataka, highlighting his contributions to the state's growth and social fabric.
TCS, India's largest IT firm, is aiming to become the world's leading AI-led technology services company. CEO K Krithivasan highlights the company's strategy, including upskilling its workforce and executing nation-scale projects in India.
TVS Venu Group has agreed to acquire a minority stake of up to 9.9 per cent in Jana Small Finance Bank, including a 4.9 per cent ownership by TVS Motor Company, through a combination of primary issuance of warrants and a secondary purchase.
One 97 Communications, operating as Paytm, announced that its subsidiary, Paytm Europe Payments, has secured a payment institution licence from Luxembourg's financial regulator, CSSF, effective July 2, 2026. This licence permits services like execution of payment transactions, credit transfers, and acquiring payment transactions, marking a significant step in Paytm's European expansion strategy, supported by a recent 9 million euro investment from Paytm Cloud Technologies Limited.
A teenager who died in a landslide in Odisha's Sundargarh district has not had his post-mortem examination conducted for two days due to an ongoing 'ceasework' agitation by doctors. The delay is preventing his family from performing his last rites, highlighting the severe impact of the doctors' strike on essential services.
ServiceNow has announced an expansion of its AI Control Tower offering with new capabilities that give enterprises control over every AI system, agent, and workflow, regardless of where it runs.
A Delhi Judicial Services official, identified as Aman Kumar Sharma, has allegedly died by suicide in the Safdarjung area of Delhi, according to police reports.
The founders of the Rapido app have been booked in Nagpur for allegedly operating petrol-powered bike taxi services in Maharashtra without the necessary government permissions. A case was registered following a complaint from the Nagpur RTO after a special drive revealed private vehicles were being used commercially without proper licenses, raising concerns about passenger safety and revenue loss for the government.
England captain Harry Kane sparked a social media buzz after showing off his cricket skills during the team's FIFA World Cup 2026 training camp in the United States.
The US Secret Service shot an armed individual involved in a shooting incident near the White House, prompting a warning for the public to avoid the area. A juvenile bystander was also injured during the incident.
Union Health Minister J P Nadda has launched the Unified Health Interface (UHI), an interoperable digital network under the Ayushman Bharat Digital Mission (ABDM). UHI aims to connect patients and healthcare providers across various digital platforms, addressing fragmentation in India's digital health ecosystem and improving access to verified services, especially in rural areas.
Indian IT services firms are expected to report a soft Q1 FY27 performance due to a challenging macro environment, the impact of AI, and geopolitical uncertainties, leading to reduced discretionary spending and slower decision-making cycles, according to Motilal Oswal Financial Services.
India's services sector growth reached a five-month high in April, with the HSBC India Services PMI Business Activity Index rising to 58.8, primarily driven by robust domestic demand and a shift from international to local suppliers amidst the West Asia crisis.
India's Ministry of Electronics and Information Technology (MeitY) has sought an explanation from WhatsApp regarding its username feature, citing concerns over potential cybercrime facilitation. Concurrently, the ministry is investigating reported data leak allegations involving Tata Electronics, a key supplier for Apple's iPhone components in India. MeitY is also exploring techno-legal solutions for VPNs to address challenges posed by unregistered providers operating from outside India.
Bharti Airtel added 7.64 trillion in value over the past five years, making it the biggest wealth creator in India's private sector, while the IT sector, including TCS, Infosys, and Wipro, collectively lost 8.5 trillion in value, according to the latest Burgundy Private Hurun India 500 report.
A fire at the underground T2 Airport Metro Station in Mumbai caused a brief disruption to metro services and the evacuation of passengers. No injuries were reported, and normal operations have resumed.
ServiceNow, a leading AI platform for business transformation, is highly optimistic about its growth prospects in the Indian market, according to President and Chief Product Officer Amit Zavery.
Mumbai experienced over 100 mm of rainfall in 24 hours, leading to significant waterlogging in areas like the Andheri subway and causing traffic diversions. Suburban train services faced delays, and a snapped overhead wire disrupted Harbour line operations. Various parts of the city, including eastern and western suburbs and the island city, recorded heavy downpours.
Prime Minister Narendra Modi celebrated 11 years of the Digital India initiative, highlighting its role in redefining governance, empowering citizens, and accelerating all-round development. He emphasised its impact on digital payments, direct benefit transfers, and expanding digital public infrastructure, making technology a powerful instrument for 'Ease of Living' across India, including tier-2 and tier-3 cities.
FedEx and ServiceNow have expanded their collaboration to develop an AI-powered supply chain solution aimed at optimising workflows and enhancing customer experiences. The partnership was announced at the Knowledge 2026 AI conference in Las Vegas.
FIFA's digital watchdogs uncovered 89,000 abusive posts on social media during the group stage of the World Cup, marking a 13-fold increase from the 2022 edition in Qatar, world soccer's governing body said on Wednesday.
The Nifty IT index has been one of the worst sectoral performers in calendar year 2026, losing nearly 29 per cent till date compared to the 8 per cent dip in the Nifty 50 index.
The All England Club permits service dogs and "certified assistance" dogs on its grounds, but pet dogs are not allowed, meaning players who regularly travel with their furry friends must leave them elsewhere during the grasscourt Grand Slam.
Meghalaya has shown significant progress in digital transactions and financial inclusion, recording 32.76 crore digital transactions and nearly 10 lakh Jan Dhan accounts by 2025-26. Efforts like the JAM Trinity and financial literacy programmes have expanded banking access, with a high percentage of bank account holders adopting digital modes. The next phase focuses on enhancing financial literacy and cyber resilience, especially in rural areas.
The Maharashtra Congress has called for an inquiry into IPS officer Vishwas Nangre Patil's speech at a Hindu Sakal Samaj event, where he reportedly praised the RSS. The party alleges that the speech raises questions about his neutrality and adherence to All India Services (Conduct) Rules, especially concerning political neutrality and the requirement for prior permission for such public engagements. Nangare Patil was recently appointed Nagpur police commissioner, a city known for housing the RSS headquarters.
Incessant and heavy monsoon rains have severely impacted Mumbai and its metropolitan region, causing widespread waterlogging, disrupting road and rail traffic, and leading to incidents of road cave-ins, tree falls, and house collapses. Schools and colleges were declared shut, and authorities issued warnings for residents to avoid unnecessary travel as the city recorded over 100 mm of rainfall in 24 hours.
Nagpur Commissioner of Police Vishwas Nangare Patil has addressed the controversy surrounding an old video where he appeared to praise the RSS. He asserted that his remarks at the event were within legal frameworks and did not violate service rules, emphasising his commitment to the Constitution and respect for all communities. The controversy arose after the Maharashtra Congress and MNS chief Raj Thackeray criticised his speech, questioning his neutrality.
India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.
A major fire at a naphtha pipeline in Haldia, West Bengal, injured over 10 people and damaged railway equipment, disrupting services. Firefighting operations are ongoing, and an investigation into the cause has been launched.
Millions of people, including international representatives, are expected to attend the funeral of Iran's Supreme Leader Ayatollah Ali Khamenei in Tehran. His death occurred at the start of the US-Israel war on Iran. US President Donald Trump announced a week-long pause in bombing for the funeral, while India was represented by Governor Syed Ata Hasnain and MoS External Affairs Pabitra Margherita. The event is anticipated to be one of the largest gatherings in Iran's history, with ceremonies delayed due to security concerns.
