Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.
State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.
In August, Hyundai recorded its highest ever domestic sales for the month with 54,396 units sold, marking a 23.6 per cent Y-o-Y increase. The Creta Electric currently anchors Hyundai's mass-market electric portfolio, while the Ioniq 5 caters to the premium end
The Supreme Court has sought responses from the Union ministries of electronics and information technology and law and justice regarding a plea for safeguards for minors on social media. The NGO 'Just Rights for Children Alliance' filed the plea, arguing that social media platforms should not enter into contracts with children under 18, citing their statutory incapacity to contract and the risks of online harm.
Indian men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty won the China Masters title, defeating China's He Ji Ting and Ren Xiang Yu in a hard-fought final. This marks their second title of the season, adding to their Singapore Open Super 750 victory.
Andhra Pradesh Chief Minister N Chandrababu Naidu has set an ambitious target for district collectors to achieve a 15-20 per cent growth rate, building on the state's 13.4 per cent growth in Q1 FY27, the highest in India.
Indian stock markets, including the Sensex and Nifty, experienced a significant tumble in early trade, driven by escalating tensions in West Asia that pushed crude oil prices close to the USD 100-per-barrel mark, alongside selling in IT stocks and fresh foreign fund outflows.
VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.
'...in which our names are written with our phone numbers.'
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.
Bank credit to industry in India surged by 20 per cent year-on-year in July, significantly accelerating from the previous year, driven by strong expansion in sectors like engineering, gems and jewellery, and petroleum-related industries, according to the Reserve Bank of India (RBI). However, growth in gold loans, while still expanding, saw a sharp moderation.
Malayalam filmmaker R Sarath, celebrated for his distinctive contributions to cinema including the award-winning Sayahnam, has passed away in Thiruvananthapuram.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for the defence of competition, policy autonomy, and the long-term sustainability of its payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI transactions, a move GTRI suggests should not be influenced by foreign trade complaints.
Star Indian men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty clinched the China Masters Super 750 title after a thrilling three-game comeback victory against China's He Ji Ting and Ren Xiang Yu. This marks their second title of the season and provides a significant boost ahead of the Asian Games.
Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.
The Nifty 50 experienced significant volatility during its closing auction session, leading to losses for both long and short retail options traders due to thin liquidity and rapid price swings, particularly in private-sector banks.
Sashidhar Jagdishan, the managing director and CEO of HDFC Bank, has announced his decision not to seek reappointment and will retire at the end of his current term on October 26, concluding a six-year tenure marked by significant regulatory and governance challenges, including RBI restrictions, a major merger, and scrutiny over alleged illegal payments.
NPCI International Payments Ltd (NIPL) and Maldives Monetary Authority (MMA) have successfully integrated the Maldives' instant payment system 'Favara' with India's Unified Payments Interface (UPI). This enables real-time fund transfers from Maldives to UPI-enabled Indian bank accounts, marking a significant step in cross-border digital financial connectivity and bilateral economic cooperation.
Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.
Tewolde Gebremariam, a seasoned aviation professional with extensive experience at Ethiopian Airlines, has been named the new Chief Executive Officer and Managing Director of Air India. He is tasked with leading the airline's ambitious five-year transformation plan, Vihaan.AI, aimed at achieving significant growth and profitability, marking him as the second foreign national to helm Air India under Tata Group ownership.
'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
A Goldman Sachs report indicates that up to 12% of India's non-agricultural workforce is at risk of substitution by generative AI, while 42-48% could be complemented. The report highlights uneven impacts across sectors and job types, with IT-enabled services facing higher risk and physical tasks remaining less affected. Gen-AI is projected to boost India's labour productivity growth over the next decade.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for competition, policy autonomy, and a sustainable payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI, and the US has criticised India's digital payment systems, raising concerns about the future of India's digital payment landscape.
Celebrations marking India's 80th Independence Day in the New York tri-state area culminated in a world record, with more than 1,300 US flags surrounded by Indian tricolours arranged to form the number "250", in a tribute to America's semiquincentennial anniversary.
Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.
Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.
India's eway bill generation reached 139.08 million in August, marking the third-highest monthly count on record and indicating sustained momentum in goods movement and formal economic activity, according to official data.
AIMIM national spokesperson Syed Asim Waqar has joined the Congress party, criticising his former party for allegedly fighting opposition parties instead of the BJP. Waqar stated that the AIMIM's actions on the ground contradict its stated goal of removing the BJP, suggesting it inadvertently aids the ruling party.
Greco Roman wrestler Deepak has failed a dope test, leading to his withdrawal from the Asian Games contingent. This marks the third doping case for Indian wrestling ahead of the continental event, further reducing India's representation. The National Anti-Doping Agency (NADA) found clomifene in his sample, a prohibited substance. The Wrestling Federation of India (WFI) decided to withdraw him to avoid potential penalties from the world governing body.
Star Indian men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty secured the China Masters Super 750 title after a thrilling three-game comeback victory against China's He Ji Ting and Ren Xiang Yu. This marks their second title of the season and provides a significant confidence boost ahead of the upcoming Asian Games.
Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.
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 rocket designed and developed by ISRO is being transferred to industry for production.
Nine ISRO associations want to know whether this is simply an effort to expand India's industrial capacity or part of a larger policy under which ISRO itself will eventually withdraw from rocket manufacturing.
Prof Ajit Kumar Chaturvedi, Vice-Chancellor of Banaras Hindu University, highlighted Artificial Intelligence's transformative potential in healthcare, emphasising its role in augmenting doctors' capabilities and enhancing efficiency. Speaking at PGIMER's Foundation Day, he stressed the need for India to develop AI solutions tailored to its unique healthcare realities, moving beyond being a mere consumer of Western-trained systems. PGIMER Director Vivek Lal also detailed the institute's expansion and commitment to affordable healthcare.
Tata Elxsi has partnered with Sarla Aviation to develop the Shunya air taxi platform. Tata Elxsi will provide engineering support for avionics, software integration, and certification, while Sarla Aviation will lead the design and type certification of the electric vertical take-off and landing (VTOL) aircraft.
A 50-year-old multi-storey building in Delhi's Satya Niketan area collapsed, resulting in six deaths and 11 rescues. The incident occurred during repair work, prompting a police case against the building owner and a magisterial inquiry.
Jawaharlal Nehru Memorial Fund invites applications for Jawaharlal Nehru Scholarships for Doctoral Studies for the year 2026. A candidate may apply for scholarship in any one of the following areas of specialization:: Indian History & Civilization, Sociology, Comparative Studies in Religion & Culture, Ecology & Environment and Economics
Luxury hotels in Delhi are experiencing a significant room crunch and a sharp increase in tariffs ahead of the BRICS Summit. Many marquee properties show no availability or are quoting rates exceeding six figures per night around the September 12-13 event, highlighting a gap in India's hospitality infrastructure.
'Applying AI to change the lives of Indians and at population scale -- just like we did with DPI [digital public infrastructure] -- is really where it's going to go.'
There is no answer to the question of how IN-SPACe invited EOIs for ISRO's mature rockets and whether it was based on any government policy decision.
