The fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks.
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.
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.
Indian athletes are undergoing a unique acclimatisation process at NSNIS Patiala and Bengaluru, spending nights in makeshift shipping container rooms. This initiative by the Sports Authority of India aims to prepare them for the unusual container-style accommodation awaiting them at the upcoming Aichi-Nagoya Asian Games in Japan, ensuring logistical issues do not distract from their performance.
Microsoft has officially launched its fourth cloud region in India, located in Hyderabad, as part of its USD 20.5 billion investment in the country's digital and AI infrastructure. This new facility, which became available on August 6, features zero-water cooling technology and aims to enhance capacity and resilience for organisations in India and Asia, supporting the nation's rapid digital growth and projected increase in data centre capacity.
India's U-21 men's hockey team will host Malaysia for an eight-match exposure series in Bengaluru from August 7-13, serving as crucial preparation for the upcoming Junior Asia Cup and strengthening bilateral sporting ties.
During the Asia Cup final on Sunday, the cameras panned to the guest box at the Dubai international stadium and showed BCCI Secretary Devajit Saikia in conversation with Asian Cricket Council Chairman Mohsin Naqvi.
Japan inaugurated the 20th Asian Games in Nagoya with a vibrant opening ceremony that seamlessly blended advanced technology and rich cultural traditions, despite earlier organisational challenges.
Indian spinner Shree Charani has maintained her top position in the ICC Women's T20I Player Rankings with a career-best 804 rating points, while compatriot Deepti Sharma has risen four places to second, following their stellar performances in the Women's T20 Asia Cup.
Fresh from their record-extending Asia Cup triumph, defending champions India will begin their Asian Games title defence as overwhelming favourites against hosts Japan in the women's quarter-finals in Nagoya on Friday.
India women's team seamer Kranti Gaud has been fined 10 per cent of her match fee and received one demerit point by the ICC for breaching the Code of Conduct during the T20 Asia Cup final against Sri Lanka. Gaud was penalised for an aggressive gesture after dismissing a batter. Separately, the Pakistan women's team was fined for a slow overrate in their semifinal match.
Japan hosted a vibrant opening ceremony for the Asian Games in Nagoya, showcasing its technological advancements and cultural heritage. The event, themed 'Harmonic Heart Beat', welcomed 11,000 athletes from 45 nations, despite prior logistical challenges.
The flag-hoisting ceremony for the Asian Games, involving India and five other contingents, was significantly delayed due to "miscommunication" between the Olympic Council of Asia (OCA) and the local organising committee (ANAGOC). The disruption, which lasted over an hour, initially caused confusion and speculation about political issues, but organisers later clarified it was a communication breakdown, adding to existing organisational challenges for the event.
India opener Smriti Mandhana has significantly strengthened her position in the ICC T20I rankings, moving closer to the top four after a remarkable 124 against Hong Kong, China.
Former India captain Anjum Chopra praises Smriti Mandhana's evolved power game and dominance against spinners, calling it a blueprint for younger players in women's T20 cricket.
Organisers of the Aichi-Nagoya Asian Games have defended their decision to forgo an Athletes' Village, opting instead for a mix of hotels, container huts, and a cruise ship, despite complaints about cramped conditions and shared rooms.
The Olympic Council of Asia (OCA) has dismissed concerns about organisational chaos at the Asian Games, attributing criticisms to attempts to "politicise" the event. Despite widespread issues like accommodation scarcity, lengthy check-ins, and athlete complaints, OCA officials insist challenges are normal and are being handled effectively. They also addressed a diplomatic complaint from South Korea regarding a historical figure at a welcome ceremony and defended cost-saving measures like container-style accommodation.
The Indian Sports Ministry has sought assistance from the Indian diaspora in Nagoya to help with athlete accommodation at the Asian Games, as several Indian and other athletes have faced delays and issues with their designated lodging due to a lack of a dedicated athletes' village.
India women's head coach Amol Muzumdar and skipper Harmanpreet Kaur view the Aichi-Nagoya Asian Games as crucial preparation and a 'teaser' for the 2028 Los Angeles Olympics, where women's cricket will make its debut, aiming to carry their winning mindset into both global events.
The Pakistan Cricket Board (PCB) is poised for a significant overhaul under chairman Mohsin Naqvi, with anticipated changes to the national selection committee and the release of key personnel like Aqib Javed and Wahab Riaz. This comes amidst a losing streak and internal turmoil, prompting radical measures to improve the team's performance and administrative efficiency.
Iranian President Masoud Pezeshkian concluded his visit to India for the 18th BRICS Summit, announcing that Iran and the UAE agreed to move past previous tensions. This diplomatic breakthrough occurred during talks with Abu Dhabi's Crown Prince on the summit sidelines. Pezeshkian also met with PM Modi to discuss bilateral ties and West Asia developments, with Modi emphasising dialogue for regional peace. The BRICS summit adopted the New Delhi Declaration 2026, calling for global governance reforms and de-escalation in West Asia.
East Bengal FC squandered a two-goal lead against Jordanian champions Al Hussein SC, settling for a 2-2 draw in their AFC Champions League Two Group D opener.
Suryakumar Yadav turned 36 as wife Devisha, BCCI, Mumbai Indians and Chennai Super Kings celebrated India's T20 star, highlighting his World Cup triumphs, captaincy and international achievements.
Goa is set to host the 5th Asia Cup Bridge Championship from June 21 to 27, attracting 350 players from 16 Asia-Oceania countries. India, having previously hosted in 2018, will field strong 'A' and 'B' teams across various categories, including Asian Games medallists, aiming to add to its 20 previous medals.
Indian MMA fighter Sangram Singh secured the STRIKE Asia Championship title by defeating Pakistan's Mohammed Abid Ali with a stunning knockout in just 80 seconds. This victory extends Singh's unbeaten professional record and highlights his successful transition from wrestling to mixed martial arts, further solidifying his status as a top Indian combat sports athlete.
The Nomad Games, a biannual tournament of traditional nomadic sports, has drawn over 3,000 athletes from more than 100 countries to Kyrgyzstan, including many from Western nations keen to experience ancient Central Asian traditions like horseback archery and Kok Boru.
New Delhi was told it had given something up; in reality it had stopped talking about it, notes Dr Abhishek Puri.
Pakistan women's team coach Wahab Riaz made a controversial statement after his side's seven-wicket defeat to India in the Women's Asia Cup 2026, claiming Pakistan is still the best team in the tournament. His comments came amidst criticism from former captain Sana Mir regarding squad selection, which Riaz defended as a move to build for the future. Pakistan now faces a crucial must-win match against Hong Kong to stay in the competition.
Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.
At just 13, Yu Zidi claimed her second Asian Games gold by smashing the 200m IM Asian record, finishing only 0.40 seconds behind Summer McIntosh's world record.
The 20th Asian Games have officially commenced in Nagoya with a high-tech opening ceremony. India's 501-member contingent is led by flag bearers Manu Bhaker and Pawan Sehrawat, with some events already underway, including India's women's cricket team reaching the semifinals and a teqball bronze medal opportunity.
The 20th Asian Games have officially commenced in Nagoya with a high-tech Opening Ceremony. India's 503-member contingent is being led by Manu Bhaker and Pawan Sehrawat. Early events have seen India's women's cricket team reach the semifinals and a medal opportunity in debutant sport teqball, building on India's record performance at the previous Games.
Salesforce executives, including South Asia CEO Arundhati Bhattacharya, predict a significant shift in India towards wider enterprise AI adoption, moving from experimentation to production deployments. The company plans to invest in physical infrastructure and talent upskilling in India. Salesforce's vision for the "agentic enterprise" involves a four-layer architecture, emphasising the need for robust security and governance for autonomous agents. Executives also highlighted the evolving nature of jobs, with AI handling repetitive tasks and creating new specialised roles, positioning India as a potential leader in agentic innovation by 2030.
The highlight of the successful BRICS Summit was its ability to deliver a joint statement that all members, including Iran and the United Arab Emirates, embroiled in the war in West Asia, signed.
India's foreign exchange reserves have surged by a record USD 44.903 billion to a new lifetime high of USD 785.706 billion for the week ended September 4, driven by the Reserve Bank of India's concessional forex swap initiatives.
Iran's Khatam al-Anbiya Central Headquarters has threatened "continuous, effective and painful" attacks on US bases and interests across the region if Washington resumes military action against Tehran, amid escalating tensions and a US naval blockade on Iranian ports.
Indian skipper Shreyas Iyer expressed enthusiasm for India's historic bilateral T20 match against Japan, marking cricket's expansion into new territories and celebrating 75 years of diplomatic relations. Iyer highlighted the unique cultural experience and the importance of such fixtures for global cricket growth, despite initial weather challenges.
Ambitious India out to match Hangzhou benchmark in Nagoya.
A Kishore Kumar song, a birthday cake, a prince's break from protocol to thank his driver, a Persian painting on the ceiling of the presidential residence -- the BRICS Summit had many memorable moments.
The Indian junior men's hockey team secured a 3-3 draw against Japan in their second Pool A match of the Junior Asia Cup. India initially led 2-0, but Japan fought back to take a 3-2 lead in the final minute before India equalised with a penalty corner in the dying seconds.
