A new HCLTech study reveals that 84% of global wealth management firms recognise the need to redesign their operating models for AI, yet less than 10% are prepared for the transition. The report identifies "blind spots" in ambition, execution, and strategy, hindering effective AI implementation and measurable business outcomes.
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.
The 5th Bonus Asia Cup Bridge Championships are set to begin in Goa, featuring nearly 300 players from 16 countries. Defending champions India will compete across various categories, facing strong contenders like Hong Kong and Indonesia. The event, described as the "Asian Games of bridge," highlights India's growing role in the sport.
India, through First Secretary Petal Gahlot, strongly criticised Pakistan at the UN General Assembly, labelling it a "puppet regime" and warning of consequences for its continued support of terrorism. This came after Pakistan Prime Minister Shehbaz Sharif raised the Kashmir issue and credited Donald Trump for intervening in a hypothetical 2025 conflict. India highlighted Pakistan's internal political issues, its history with Osama Bin Laden, and the human rights situation in Pakistan-occupied Kashmir, while also condemning its blasphemy laws and treatment of minorities.
This is not the first time Erdogan has spoken about the Kashmir issue during his UNGA address. Last year in September, he had called for a resolution on the issue of Kashmir at UNGA.
The Indian IPO market recorded its highest monthly fundraising in September, with 34 mainboard companies raising 39,309 crore, despite a significant decline in the Nifty 50 index.
Tamil Nadu Chief Minister C Joseph Vijay's fan event in London was cancelled by Metropolitan Police due to safety concerns, disappointing hundreds who had gathered. The CM is in the UK leading a delegation to attract investments, having already secured MoUs worth Rs 12,300 crore, aiming to create over 9,400 jobs and position Tamil Nadu as a manufacturing and technology hub.
Indian men's hockey coach Craig Fulton revealed that the tough semifinal victory against Pakistan was crucial in preparing the team for their dominant 5-1 win over Malaysia in the Asian Games final. This victory secured India's gold medal and a direct qualification for the 2028 Olympics. Senior player Hardik Singh also expressed relief and pride in the team's performance after a disappointing World Cup.
India's leading IT companies are anticipated to report subdued revenue growth and largely stable margins for the July-September quarter, as clients maintain tight discretionary budgets, with analysts closely watching the conversion of strong bookings into revenue and the impact of AI on traditional services.
The BRICS grouping adopted a consensus joint declaration in New Delhi, successfully navigating differences on the West Asia conflict but notably omitting any direct mention of US strikes on Iran or Iranian military attacks on Gulf Arab nations. The declaration also criticised Israel's actions in Gaza and called for a concerted approach against terrorism.
India concluded the 5th Asia Cup Bridge Championship with a total of four medals, including three silver and one bronze. While Hong Kong China, Indonesia, China, and Australia claimed gold in team categories, India secured silver in both team and pair events, showcasing a strong performance in the regional competition.
Indian benchmark indices Sensex and Nifty closed largely flat on Monday, recovering from early losses, as escalating tensions in West Asia and a sharp rally in crude oil prices weighed on investor sentiment, despite resilience in IT and consumer durables stocks.
India's batting coach Sitanshu Kotak confirmed Rohit Sharma and Shubman Gill as the preferred opening pair, while urging Yashasvi Jaiswal to continue working hard for his opportunities. Kotak also highlighted the invaluable experience of senior players like Rohit, Kohli, and Jadeja in preparing the team for the 2027 World Cup, emphasising a series-by-series planning approach. He also confirmed Shubman Gill's fitness for the upcoming match.
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.
Maruti Suzuki India (MSIL) reported a 9.1 per cent year-on-year decline in net profit for the April-June quarter of 2026-27, marking its second consecutive quarterly fall. This dip occurred despite a significant 29.3 per cent jump in sales volume, primarily due to escalating commodity prices, increased energy costs, and logistics disruptions stemming from the West Asia conflict.
India's remittance inflows have remained robust despite the West Asia conflict, driven by precautionary transfers and diversification of remittance sources, with bankers expecting continued stability for the year.
Indian MMA fighter Varun Sanyal was forced to withdraw from the Asian Games after blacking out during a solo weight-cutting session, citing a lack of support staff. He expressed disappointment but also pride in the team's overall medal performance despite logistical challenges and his late inclusion in the squad.
The Saudi-led coalition issued a stern warning to Yemen's Houthi rebels after intercepting a drone targeting Mecca, Islam's holiest city. Describing it as a "hostile and terrorist act," the coalition declared the security of holy sites a "red line" and vowed deterrent measures. This incident marks a significant escalation in the ongoing conflict, with both sides exchanging accusations of military operations and civilian targeting.
India's senior bridge teams, both A and B, have made an impressive start at the fifth Asia Cup Bridge Championship in Goa, positioning themselves among the top contenders after the opening day. While the senior teams excelled, the women's teams faced a challenging start.
Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.
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.
External Affairs Minister S Jaishankar, addressing the UN General Assembly, condemned the targeting of commercial shipping and seafarers in the Gulf, calling it "simply unacceptable." He also voiced deep concern over the "weaponisation of everything," which he stated has severe consequences for Global South nations, impacting peace, progress, and development globally. India urged restraint, de-escalation, and protection of civilians, while also highlighting the 4F crisis (food, fuel, fertiliser, finance) faced by developing countries.
'While the population remains relatively young, its age structure is beginning to shift, setting the stage for a much older population later this century.'
The Indian corporate sector demonstrated strong credit quality in the first half of FY27, driven by robust balance sheets and healthy liquidity, despite facing risks from elevated crude prices, inflation, and global interest rates.
The traditional flag hoisting ceremony for the Asian Games in Nagoya, involving India and other nations, was significantly delayed and disrupted due to unspecified "trouble" and a lack of communication between organisers.
India posted a formidable total of 211 for six against Pakistan in the men's cricket final at the Asian Games, driven by explosive half-centuries from Abhishek Sharma (61 off 28 balls) and Tilak Varma (unbeaten 51 off 22 balls).
India has expressed serious concern over Houthi attacks on Saudi Arabia's civilian infrastructure and economic assets, stating that such actions threaten regional stability and freedom of navigation through the Bab-el-Mandeb strait. External Affairs Minister S Jaishankar discussed the issue with his Saudi counterpart. India also condemned the targeting of commercial shipping after an Indian national went missing following an attack on a Panama-flagged ship off Oman.
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.
After a significant 9.9% depreciation in FY26, the Indian rupee has shown comparative stability in the first half of FY27, depreciating by only 1.1%, attributed to regulatory interventions and measures to attract foreign capital, despite ongoing global pressures from rising crude oil prices and foreign investor outflows.
New Delhi was told it had given something up; in reality it had stopped talking about it, notes Dr Abhishek Puri.
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.
India finished fourth at the Aichi-Nagoya Asian Games with 85 medals, a significant dip from the previous edition's record haul. While traditional strongholds like shooting and athletics underperformed, breakthroughs in archery, wrestling, golf, boxing, hockey, and cricket showcased a broadening sporting base. The performance serves as a reality check on sustaining progress towards top global rankings and highlights areas for improvement in mental conditioning and preparation.
Vithya Ramraj, after breaking PT Usha's 400m hurdles record, anchored the Indian women's 4x400m relay team to a gold medal at the Asian Games in Nagoya. This marked her third medal of the Games, with strong performances from Kiran Pahal, M R Poovamma, and Prachi.
Indian benchmark indices Sensex and Nifty experienced significant declines in early trade, driven by soaring crude oil prices amidst escalating tensions in West Asia, coupled with weak global market trends and foreign fund outflows.
India's real estate sector recorded an unprecedented $9.5 billion in capital inflows during Q3 2026, primarily driven by foreign investors' strong interest in data centres, according to a CBRE Group report.
India's wholesale price-based inflation (WPI) increased to 9.92 per cent in August, up from 9.78 per cent in July, primarily due to rising prices across food, manufactured items, and fuel and power sectors.
Shailesh Chandra, MD and CEO of Tata Motors Passenger Vehicles (TMPV), stated that the uncertainty surrounding how long commodity costs will remain elevated is a greater concern for the company than the actual price increases. He noted that commodity prices have risen significantly over the past five to six months, impacting margins and necessitating faster cost-reduction efforts, though no major production or supply-side issues are currently foreseen.
Over centuries, the beloved deity travelled across Asia, acquiring new names, forms and traditions along the way.
Young Indian compound archer Chikitha Taniparthi clinched two gold medals at her Asian Games debut, fulfilling her father's long-held dream for her to pursue sports. Her journey involved significant financial sacrifices from her family and dedicated training, overcoming initial interest in karate to become a world youth champion and now a double Asian Games gold medallist.
Former Indian tennis star Sania Mirza has voiced concerns over the country's tennis system, stating it's 'still not great' and that India loses talented players during their transition from junior to senior levels, despite an abundance of potential.
