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.
India's junior badminton team was eliminated from the Badminton Asia Junior Mixed Team Championship after a 1-2 loss to Hong Kong in the quarterfinals. Despite a strong start in the opening match, India could not maintain their lead and ultimately fell short in the decider.
Civil Aviation Minister K Rammohan Naidu announced significant opportunities for Micro, Small, and Medium Enterprises (MSMEs) within India's rapidly expanding aviation sector. With Indian airlines ordering over 1,600 aircraft and the aerospace market projected to double by 2035, there's a massive scope for Indian suppliers to integrate into global aerospace supply chains, moving beyond assembly to design and manufacturing.
Harmanpreet Kaur says a winning culture is taking shape in the Indian women's cricket team as they prepare for the Asia Cup and Asian Games.
Five Indian tennis players were excluded from the Asian Games squad because they did not meet the Sports Ministry's stringent international ranking criteria, a decision that has drawn criticism from veteran players like Rohan Bopanna but is being upheld by authorities to maintain administrative integrity.
SAI has defended the exclusion of five Indian tennis players from the Asian Games squad, saying they failed to meet the prescribed continental ranking criteria.
US President Donald Trump has lauded India as an 'essential partner' and 'trusted ally' in addressing regional challenges, particularly its 'big role' in West Asia peace efforts, following discussions with Prime Minister Narendra Modi at the G7 Summit.
The Centre has spent 28 per cent of its FY27 capital expenditure budget of Rs 12.21 trillion in the first three months against around 24.5 per cent during the corresponding period a year ago.
Electric commercial vehicle manufacturers in India are struggling to meet localisation requirements under the PM eDRIVE scheme, set to begin on Tuesday. The Society of Indian Automobile Manufacturers (Siam) has requested a seven-month extension until April 1, 2027, citing disruptions in the supply of rare earth magnets due to China's export restrictions and geopolitical tensions. The government is yet to decide on the request, which aims to prevent production disruptions and allow time for local supply chain development.
The US Kids Golf India Series is back for its sixth season, featuring over 50 young golfers competing in Gurugram. This series serves as a crucial pathway for Indian junior golfers to gain Priority Status, enabling them to participate in prestigious international championships like the US Kids European and World Championships, where Indian participants have recently achieved notable success. The program's expansion across Asia further solidifies its role in developing future golfing talent.
Indian kabaddi player Brijendra Singh Choudhary has been stripped of his silver medal from the Asian Beach Games after testing positive for a prohibited diuretic. The International Testing Agency (ITA) confirmed the anti-doping rule violation, which Choudhary has accepted.
Razorpay CEO Harshil Mathur highlights India's leadership in real-time payments, stating it can foster numerous billion-dollar fintech companies capable of expanding globally. He draws parallels with the US internet boom and discusses how India's unique regulatory and private sector collaboration, exemplified by UPI, can be replicated in other emerging markets. Mathur also touches upon the opportunities and risks associated with leveraging AI in business.
Organisers of the upcoming Asian Games in Nagoya and the Aichi region are seeking to reduce the number of participants after registrations for athletes and officials significantly exceeded the projected 15,000, raising concerns about accommodation capacity.
Odisha Police's STF and the Wildlife Crime Control Bureau are investigating the rescue of five baby orangutans in Balasore, suspecting an international wildlife trafficking network. The probe focuses on a black SUV seen near the rescue site and potential routes from West Bengal, with officials believing the animals were trafficked from Southeast Asia. Chief Minister Mohan Charan Majhi has called for stringent action against those involved.
Indian startup funding plummeted by 43 per cent year-on-year to $7.81 billion between March 1 and June 15, 2026, largely due to the West Asia conflict, which has amplified global risk perceptions, tightened liquidity, and led to rupee depreciation, making global investors cautious.
The UN General Assembly has adopted a resolution, backed by India, to correct the world map for a more accurate representation of continental landmasses. The resolution addresses the distortions caused by the widely used Mercator projection, which minimises the perceived sizes of regions like Africa, Latin America, and South Asia, promoting an unbalanced global view. India supports the move towards more accurate cartographic practices, specifically endorsing broader use of Equal Area map projections.
Indian badminton players, led by Dhyan Santosh's upset victory, showcased a strong performance in the first round of the Badminton Asia Junior Championships.
India's foreign exchange reserves have surged by $12.42 billion, reaching a new all-time high of $729.33 billion for the week ended August 21, driven by increases in foreign currency assets and gold reserves.
Prime Minister Narendra Modi and Russian President Vladimir Putin held extensive discussions to strengthen bilateral trade, defence, and energy cooperation, while also addressing the ongoing Ukraine conflict and exploring avenues for peace and resolution, with Modi reiterating India's call for dialogue and diplomacy.
Indian companies' overseas expansion plans are holding strong despite geopolitical tensions in West Asia, driven by structural factors like supply-chain diversification, free trade agreements, and market expansion, according to Ajay Sharma, managing director and head of banking at HSBC India.
Any military response to a cross-border terror attack from Pakistan will have to take into account the new alignments beginning to take shape in the region, points out former foreign secretary Shyam Saran.
Chinese President Xi Jinping's upcoming visit to India for the BRICS summit is a pivotal diplomatic event poised to significantly impact bilateral ties and global cooperation amidst ongoing international instability.
Indian esports athletes are rigorously training for the Asian Games in Nagoya, aiming for medals and challenging the traditional perception of gaming as merely a leisure activity. With professional support and coaching, players are balancing academics and intense practice, hoping to elevate esports to mainstream sporting status in India.
The government on Thursday restored liquefied petroleum gas (LPG) supplies to commercial consumers such as hotels, restaurants and other businesses to pre-crisis levels, and lifted sector-specific restrictions imposed during the recent West Asia conflict, in a sign that energy supply concerns are easing as global markets stabilise.
India's foreign exchange reserves surged by USD 11.475 billion to a new record high of USD 740.803 billion for the week ended August 28, driven by the RBI's concessional forex swap initiatives.
'The Chinese military cannot advance much in Ladakh, even if they want to.' 'Similarly, in Arunachal Pradesh, they can rename a village or two, intrude here or there, but cannot do much more realistically.'
Prime Minister Narendra Modi cautioned against the 'weaponisation' of technology and critical minerals at the BRICS summit, advocating for cooperation to foster shared prosperity. Concurrently, Chinese President Xi Jinping announced plans for an open-source AI ecosystem for BRICS nations, positioning Beijing as a key technology partner amid global AI competition.
India has exhausted 58.04 per cent of its FY27 fertiliser subsidy budget in under five months, primarily due to a significant surge in global urea prices following the conflict in West Asia, necessitating potential additional government expenditure.
India is hosting the 18th BRICS Summit in New Delhi, bringing together numerous world leaders including presidents from China, Russia, South Africa, Iran, and Egypt, along with prime ministers and foreign ministers from other nations. The summit will feature bilateral talks and highlights the expanded BRICS grouping's growing global influence and India's significant role as a founding member and current chair.
The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.
'It beggars belief that Saudi Arabia would deploy military force against India, a top partner and market.'
The United States Central Command announced strikes against Iranian military targets, including air defence and communication sites, in retaliation for alleged attacks on commercial shipping and US personnel. However, Iran's Foreign Ministry claims these strikes caused over 50 civilian casualties at a wedding and vowed a firm response. Iran's state media also reported retaliatory ballistic missile and drone attacks on US bases in Jordan and Bahrain, claims which were partially corroborated by Kuwait and Jordan reporting intercepted drones and missiles.
Iran's Islamic Revolutionary Guard Corps (IRGC) on Saturday (local time) announced the closure of the Strait of Hormuz "until further notice," stating that the strategic waterway would remain shut until the United States ends its "interference" in the West Asia region, Press TV reported.
Japan's cricket captain Kendel Kadowaki-Fleming and all-rounder Charlie Hara-Hinze believe the upcoming historic T20 match against India on September 22 can serve as a crucial springboard for the sustained growth of cricket in Japan, a country traditionally dominated by baseball.
The Ministry of External Affairs stated that India's participation in the 2027 SAF Games in Pakistan will be guided by the sports ministry's policy, which permits Indian athletes to compete in events with Pakistani participants and vice-versa. Separately, the MEA also commented on the ongoing legal proceedings for seven foreign nationals, including a US citizen and six Ukrainians, who were recently chargesheeted by the NIA for illegal entry and movement, though not under UAPA at this stage.
India has clarified its policy regarding participation in the 2027 South Asian Federation (SAF) Games in Pakistan, stating decisions will align with national sports policies and international governing bodies. While bilateral sporting engagements with Pakistan remain suspended, Indian athletes are permitted to compete in multilateral events. The government also aims to simplify visa processes to position India as a global sports hosting destination.
Smriti Mandhana's record 124 powered India to a 137-run win over Hong Kong, while Deepti Sharma and fellow bowlers completed the rout and exposed little resistance from opponents.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
'India is vulnerable to the West Asia crisis in three ways: Energy costs, the business Indian companies conduct in the region, and remittances from the Indian diaspora.'
