Indian badminton star Kidambi Srikanth was defeated by Hong Kong's Lee Cheuk Yiu in straight games during the quarterfinals of the China Masters Super 750. Srikanth, a former world No.1, lost 16-21, 16-21 in a 39-minute match, ending his campaign despite a strong performance in the previous round.
Indian benchmark equity indices, Sensex and Nifty, closed lower due to persistent geopolitical tensions in the Middle East and elevated crude oil prices, with investors remaining cautious ahead of fresh US sanctions on Iran.
Carlos Alcaraz, the defending champion, secured his spot in the US Open quarter-finals by defeating American Tommy Paul in straight sets. Alcaraz showcased a dominant performance, extending his major match-winning streak and expressing confidence in his return to top form after a wrist injury.
Tata Chemicals has stated its commitment to resolving outstanding issues with the Kenyan government after President William Ruto reportedly ordered its subsidiary, Tata Chemicals Magadi Ltd, to cease operations, citing a lack of benefit to citizens.
Prime Minister Narendra Modi is embarking on a two-nation tour to Uzbekistan and the Kyrgyz Republic, where he will attend the SCO Summit. He aims to advance India's vision for the region, focusing on security, connectivity, and opportunity, and to strengthen strategic partnerships in Central Asia, fostering a region free from terrorism.
Rescue teams led by the Nepal army continue search operations to locate survivors from the August 26 disaster. 4,873 people remain missing.
In the Global Chess League, Ganges Grandmasters ended FYER American Gambits' winning streak with a 9-7 victory, moving to second place. Defending champions Alpine APL Pipers secured their second consecutive win, defeating Ganges Grandmasters 11-6. Key players like Polina Shuvalova, Ian Nepomniachtchi, Vidit Gujrathi, and Koneru Humpy delivered crucial performances, while Magnus Carlsen showcased his endgame prowess with a draw against Nepomniachtchi. PBG Alaskan Knights also registered a comfortable win against CheQ Mumba Masters.
The benchmark BSE Sensex rebounded by 362 points, ending a four-day losing streak, driven by strong buying in metal, private banking, and oil and gas shares, while the broader NSE Nifty saw modest gains despite paring some advances in the closing session.
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.
Indian benchmark equity indices extended their losing streak for a fourth consecutive day, with the Sensex tumbling 417 points due to rising crude oil prices and a significant sell-off in IT stocks, impacting overall investor sentiment.
Indian benchmark indices, Sensex and Nifty, saw declines in early trade, with the ongoing US-Iran standoff cited as a major factor impacting investor sentiment and raising concerns about inflationary pressures and currency volatility for oil-importing nations like India. Track Sensex, Nifty on August 14, 2026.
Eiffel Tower employees launched a strike, leading to the iconic landmark's closure, after allegations surfaced that female staff were asked to vacate their posts during a visit by the Hindu religious organisation BAPS.
The White House has launched a major crackdown on the 'Great Transhipment Scam', accusing India and over 40 other nations of helping Chinese exporters bypass US tariffs by misrepresenting the origin of goods. The US plans to use AI-driven monitoring and anti-transhipment clauses in future trade agreements to strengthen enforcement.
US Ambassador to India, Sergio Gor, highlighted the evolving US-India space partnership, moving from cooperation to "co-creation" at the Bengaluru Space Expo. He emphasised joint design, funding, and co-authoring the future of human discovery, citing the NISAR satellite and India's participation in the Artemis Accords as key examples of this growing synergy.
At least four to five privately placed infrastructure investment trusts (Invits) are expected to transition to public listings by the end of the 2026-27 financial year, significantly increasing the number of publicly traded Invits to 12-14, according to N S Venkatesh, CEO of the Bharat Invits Association (BIA).
Naomi Osaka overcame a costly second-set error spree and a spirited Katerina Siniakova challenge, regrouping after a bathroom break to win decisively and reach the US Open third round.
Former CDS Anil Chauhan stated that China poses a long-term and comprehensive challenge to India, with the boundary issue remaining unresolved due to differing perceptions of the Line of Actual Control. However, he emphasised that India's ties with Beijing cannot be solely defined by border disputes, advocating for engagement through platforms like SCO and BRICS. He also highlighted the broader global geopolitical flux and instability in India's neighbourhood as significant security concerns, stressing the need for self-reliance.
Shares of Symbiotec Pharmalab Ltd, a pharma and biotech company, made a muted market debut, listing nearly 1 per cent lower on the BSE against its issue price of Rs 988, but later recovered to trade higher.
Indian benchmark indices, Sensex and Nifty, recovered intraday losses to close higher, driven by late-day buying and a significant decline in Brent crude oil prices, which fell 3 per cent to USD 89.32 per barrel.
Mumbai Indians' cryptic Instagram post has ignited fresh speculation about Hardik Pandya's IPL future.
Investors should cap gold allocation at 10-15 per cent and consider staggered purchases through gold ETFs.
Many traders spend hours looking for the perfect entry signal, the ideal indicator setup, or the next market-moving opportunity. Yet some of the biggest differences between consistent traders and struggling traders have little to do with finding better trades. They come from managing risk effectively.
Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.
World number four Coco Gauff secured a hard-fought victory against Paula Badosa in the second round of the U.S. Open. Despite Badosa's strong challenge and previous wins against Gauff, the American triumphed in two sets, 6-4, 7-6(5), on a sweltering evening at Arthur Ashe Court, advancing her quest for a second title at Flushing Meadows.
Alexander Zverev, the German top seed, narrowly defeated Italy's Lorenzo Sonego in a gruelling five-set match, continuing his pursuit of a second Grand Slam title after winning the French Open in June.
Shares of HDFC Bank rose nearly 3 per cent after its Managing Director and Chief Executive Sashidhar Jagdishan decided not to seek reappointment after his current term concludes on October 26.
The US senate last week passed a bill that would allow Washington to impose tariffs on major buyers of Russian energy.
Madison Keys overcame early nerves and Alina Korneeva 7-5, 6-4 at the US Open, avenging last year's first-round exit after improving her serving and composure.
Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to a surge in Brent crude oil prices, which rose above USD 90 per barrel, coupled with subdued global cues and ongoing US-Iran skirmishes. Track Sensex, Nifty on Auigust 12.
Indian men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty defeated Malaysia's Nur Mohd Azriyn Ayub and Tan Wee Kiong in a three-game thriller to reach their third China Masters final. The world No. 5 pair showcased tactical brilliance and resilience, overcoming a second-game lapse to secure their spot in the summit clash, where they aim for their second title of the season.
Aryna Sabalenka began her quest for a third successive US Open title with a dominant win against Colombia's Camila Osorio.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
India's top men's doubles pair, Satwiksairaj Rankireddy and Chirag Shetty, fought hard to defeat Denmark's Kim Astrup and Anders Skaarup Rasmussen, securing their spot in the China Masters Super 750 semifinals. This victory continues their strong performance following recent successes. Meanwhile, veteran Indian shuttler Kidambi Srikanth's journey in the men's singles quarter-finals concluded after a straight-games loss to Hong Kong's Lee Cheuk Yiu.
Gold futures experienced their seventh consecutive daily decline, falling to Rs 1.5 lakh per 10 grams, driven by escalating military exchanges between the US and Iran which have pushed oil prices higher and intensified concerns over inflation and potential interest rate hikes.
The Securities and Exchange Board of India (Sebi) is set to undertake a comprehensive overhaul of the small and medium enterprise (SME) listing framework and tighten accountability around the use of artificial intelligence (AI) and machine learning (ML) in financial markets, Sebi Chairman Tuhin Kanta Pandey announced.
Indian banks anticipate a reduction of up to 50 basis points in their funding costs due to a surge in liquidity from robust Foreign Currency Non-Resident (Bank), or FCNR (B), flows, lessening their reliance on more expensive certificates of deposit (CDs).
Congress MLA Ramya Haridas was involved in a scuffle with local party workers in Chirayinkeezhu, Thiruvananthapuram, leading to injuries and police cases. Both Haridas and the party workers, including district panchayat member Sajith Muttambalam and leader Sajad, have filed complaints, each presenting a different account of the incident which reportedly stemmed from a dispute over a WhatsApp post and the role of Haridas' staff member.
Alexander Zverev and Coco Gauff secured their spots in the fourth round of the U.S. Open, while Naomi Osaka overcame a tough challenge. However, several prominent American players, including Taylor Fritz, Madison Keys, and Amanda Anisimova, experienced early exits, disappointing home fans at Flushing Meadows.
Sebi Chairman Tuhin Kanta Pandey has defended the newly rolled out Closing Auction System (CAS), stating that it is a transparent mechanism and that the industry needs time to understand the change. He acknowledged initial turbulence and concerns from fund houses but noted an increase in mutual fund participation.
Shares of temperature sensing and heating solutions provider Tempsens Instruments (India) Ltd listed with a massive premium of over 111 per cent against its issue price of Rs 300, reaching a market valuation of Rs 4,934.81 crore.
