A crucial annual general meeting (AGM) of Tata Sons, the primary holding company of the Tata conglomerate, was adjourned due to a lack of quorum, specifically the absence of representatives from the Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT). The SRTT is currently under restrictions from the Maharashtra Charities Commissioner, preventing it from making major decisions or holding meetings, which impacted its ability to participate.
Gold and silver prices are anticipated to maintain a positive trajectory in the coming week, with market volatility expected to remain high due to ongoing developments in West Asia and upcoming global economic data, particularly the Federal Reserve's FOMC meeting minutes.
Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
Australia's nine-wicket loss to Bangladesh in Darwin has been described as one of the country's biggest test humiliations, prompting uncomfortable questions about the top-ranked team's future and sparking calls for regeneration.
CONMEBOL has postponed two continental club matches following a powerful 7.4-magnitude earthquake in western Colombia that killed at least 164 people, with revised dates and venues to be announced later.
India's wholesale price index (WPI) inflation marginally eased to 9.78 per cent in July 2026, down from 9.87 per cent in June, primarily due to a cooling in the prices of fuel, power, and food items, marking the first month-on-month drop under the new 2022-23 base year.
Raul Fernandez of Trackhouse Racing secured a dominant victory at the British MotoGP, leading from the start after championship leader Jorge Martin faced an early technical issue. Despite Martin's setback, he recovered to finish second, extending his overall championship lead. Marco Bezzecchi finished third, while defending champion Marc Marquez had a challenging race, finishing seventh.
Tejaswin Shankar, a two-time Commonwealth Games medalist, is targeting an Asian Games decathlon gold with a personal best, while building towards Olympic-level performances and longevity.
Hiroshima Day is observed on August 6. On that day, the United States B-29 bomber Enola Gay dropped the atomic bomb over the city of Hiroshima on May 6, 1945 changing the course of history.
All's well with the State; it's the citizens who have to really buck up, was the sum and substance of Mohan Bhagwat's message to Gen Z.
Tata Sons chairman N Chandrasekaran has issued a statement explaining his decision not to seek an extension beyond his current tenure, which ends on February 20, 2027, citing a lack of unanimous board support for his reappointment.
Arsenal manager Mikel Arteta has expressed his squad's hunger and motivation to win the Community Shield against Manchester City, aiming to start the new season with a trophy after a busy recruitment period.
India's burgeoning franchise volleyball ecosystem, particularly with dedicated Under-21 tournaments like the Guardians Trophy, is creating a structured pathway for young players. This initiative aims to develop talent from the grassroots to professional levels, fostering cultural adaptation and skill enhancement, with the ultimate goal of strengthening the senior national team and achieving Olympic qualification.
Indian benchmark indices Sensex and Nifty saw declines in early trade, primarily due to elevated crude oil prices stemming from the unresolved geopolitical situation in the Strait of Hormuz. Analysts suggest that while global sentiment improved slightly after a benign US inflation report, the ongoing US-Iran standoff continues to exert pressure on domestic equities. Track Sensex, Nifty on August 13.
India officially launched its bid to host the centenary edition of the Commonwealth Games in Ahmedabad in 2030, presenting a vibrant cultural showcase at the Glasgow closing ceremony that blended ancient philosophy, contemporary artistry, and cultural grandeur.
Indonesia's East Nusa Tenggara province has been severely impacted by three earthquakes, including a powerful 7.7-magnitude tremor, resulting in at least 47 fatalities and extensive damage to homes and public infrastructure, with significant relief efforts now underway.
Former Australia all-rounder Moises Henriques, born in Madeira, will captain Portugal in their bid to qualify for the Twenty20 World Cup for the first time, leading a 14-man squad in the Europe Sub-Regional Qualifier C in Finland.
Prime Minister Narendra Modi has announced plans to modernise India's civil defence volunteer force, stating that the existing system, designed for conventional wars, is inadequate against contemporary threats targeting critical infrastructure like refineries, banks, and data centres.
The Delhi Police has strongly defended its use of force during the 'Chalo Sansad' protest on July 20, telling the Supreme Court that the agitation was 'hijacked by anti-social elements and history-sheeters,' leading to law and order breakdown and over 240 police personnel injuries.
Tata Sons Chairman N Chandrasekaran has announced he will not seek reappointment when his current term concludes on February 20, 2027. This decision follows a lack of unanimous board support for his extension, despite recommendations from the majority shareholders, the Sir Dorabji Tata Trust and Sir Ratan Tata Trust. Chandrasekaran cited the need for leadership clarity amidst strategic projects and has requested the board to initiate a succession plan.
Former Asian Games gold medallist Ronjan Sodhi believes India's ambitious target of 30-40 medals at the 2036 Olympics is a 'distant prospect', citing significant delays in talent identification, scouting, and critical infrastructure improvements.
Argentine football legend Lionel Messi has reportedly suspended his professional career indefinitely following the death of his father, Jorge Messi, at 68 after a prolonged illness.
'... that work is done. The task is to reallocate what has been built, with the courage of a founder and the discipline of an owner.'
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.
Women's sports garnered 28.6 billion minutes of views in the U.S. in the first half of 2026, an 18% increase year-over-year, with advertising spend up 120% since 2022, according to a Nielsen report.
Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.
Prime Minister Narendra Modi has called upon India's youth to dream big, assuring them of government support and resources, including a Rs 1 lakh crore Innovation Fund, to bolster the country's burgeoning startup ecosystem and drive its journey towards becoming a developed nation.
'After announcing that she will return to Bangladesh, if she does not, her credibility will suffer.'
India's largest IT firm, TCS, has received threat-intelligence alerts regarding a potential leak of 'basic' employee data, but the company asserts there is no indication of customer data or operational systems being affected.
N Chandrasekaran, the current Chairman of Tata Sons, has announced he will not seek reappointment when his term concludes on February 20, 2027, following a lack of unanimous board support for his extension.
England captain Joe Root has announced there will be no team curfew for the upcoming Test series against Pakistan, expressing trust in his players to act responsibly. This decision comes amidst recent scrutiny over the team's culture following several off-field incidents and player suspensions. Root, who returned to captaincy after Ben Stokes' retirement, believes players should be self-policing.
Fans, former teammates, and opponents gathered in Milan to bid farewell to Franco Baresi, the iconic AC Milan and Italy defender who passed away at 66. Baresi, a legendary figure in Italian football, was remembered for his illustrious 20-year career with AC Milan and his contributions to the Italian national team.
Jamie Chadwick, a triple W Series champion, believes that increasing female participation at grassroots levels is crucial for women to reach the top echelons of motorsport. She highlights the importance of creating welcoming environments for young girls in karting and addresses the historical disparity, noting that it has been 50 years since a woman last raced in Formula One. Chadwick is confident that new initiatives will lead to a higher quality of female drivers in the coming years, despite the overall growth in talent across the sport.
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.
N Chandrasekaran, Chairman of Tata Sons, has announced he will not seek reappointment after his term concludes in February 2027. Addressing employees at a town hall, he urged them to disregard speculation regarding his departure and emphasised the group's continued progress and opportunities for staff. His decision follows a six-month impasse over a proposed extension.
Indian benchmark equity indices, Sensex and Nifty, extended their decline for a second consecutive day, primarily due to elevated crude oil prices and selling pressure on Tata Group stocks following Tata Sons Chairman N Chandrasekaran's announcement that he will not seek reappointment.
The World Cricketers' Association has lauded the formation of the Sri Lankan Professional Cricketers' Association, a significant step for the game's professionalism and growth in the country. Led by white-ball captain Kusal Mendis, this new body aims to provide players with a stronger voice, particularly in negotiations regarding franchise cricket, and aligns with ongoing reforms in Sri Lanka Cricket.
India's merchandise exports increased by 19.63 per cent to USD 44.24 billion in July, primarily driven by petroleum products, while a significant rise in imports pushed the trade deficit to a six-month high of USD 31.98 billion.
Researchers at IIT-Guwahati have developed an inexpensive and efficient catalyst for producing hydrogen from water, a crucial step for the National Green Hydrogen Mission and the transition to sustainable energy. The catalyst uses nickel salt and an anthracene-based organic molecule, offering a cleaner alternative to fossil fuel-derived hydrogen.
Japanese 'flying car' manufacturer SkyDrive Inc plans to commercialise its eVTOL aircraft in India by 2028, initially focusing on medical logistics, particularly organ transportation. The company, backed by Suzuki, has signed an agreement with Air India and Suzuki for this purpose and is considering future manufacturing in India.
