Indian Hotels Company Ltd (IHCL) is expected to benefit from higher room rates, rising occupancy, and strategic acquisitions, with analysts projecting double-digit revenue growth for FY27 driven by strong domestic demand and a favourable demand-supply dynamic.
India's wholesale price inflation surged to 3.88 per cent in March, marking the fifth consecutive monthly increase, primarily driven by a sharp rise in crude petroleum, natural gas, and manufactured items amidst the West Asia crisis.
Prime Minister Narendra Modi will hold a video conference with chief ministers of most states to assess their preparedness and strategies in response to the ongoing conflict in West Asia.
'The Rs 30,954 crore inflows recorded in May 2026 reflects around 16 per cent year-on-year rise.'
Tax collection so far has been encouraging, with net direct tax receipts reaching Rs 5.21 trillion by June 17, nearly a 15 per cent increase compared to the same period last year.
India's Ayush Shetty secured a spot in the Badminton Asia Championships final after defeating top seed Kunlavut Vitidsarn in a thrilling three-game match.
The Indian rupee depreciated by 52 paise to settle at 93.35 against the US dollar, driven by failed US-Iran peace talks, surging crude oil prices due to a potential US blockade of Iranian ports, and a global flight to the greenback. This geopolitical uncertainty is also leading to foreign capital withdrawal from domestic equities.
The International Cricket Council (ICC) has announced the qualification criteria for cricket's return to the Olympics at Los Angeles 2028. The Indian men's team needs to be Asia's highest-ranked in T20Is by end of 2026, while women's teams will qualify based on continental performance in the ongoing T20 World Cup.
India's Goods and Services Tax (GST) collections saw a significant 14 per cent increase in June, reaching approximately Rs 1.95 lakh crore. This surge was primarily driven by a substantial 34.6 per cent growth in tax mop-up from imports, alongside a 6.5 per cent rise in domestic supplies, reflecting the country's economic resilience despite global uncertainties.
OpenAI has appointed Prabhjeet Singh as its Managing Director for India, a key market for the AI company. Singh, formerly President of Uber India and South Asia, will oversee consumer growth, enterprise adoption, partnerships, and regulatory engagement, reinforcing OpenAI's commitment to India's rapidly expanding AI ecosystem.
'With this deal, we may see even 50 launches a year within the next few years.'
Former India coach Vimal Kumar believes Ayush Shetty's silver medal at the Asia Championships is a positive sign for India's Thomas Cup campaign, highlighting the youngster's potential and areas for improvement.
Iranian President Masoud Pezeshkian is on a state visit to Pakistan to discuss the full implementation of an agreement signed between Iran and the US, alongside regional and international developments. The visit also aims to strengthen bilateral cooperation across various sectors, following recent high-level talks between the US and Iran in Switzerland regarding regional security.
Several non-banking financial companies (NBFCs) are observing an increase in early-stage delinquencies within their micro, small and medium enterprises (MSME) loan portfolios, primarily driven by supply chain disruptions and escalating raw material costs exacerbated by the ongoing conflict in West Asia.
Pakistan's Punjab government has announced the reopening of all public and private educational institutions after implementing fuel-saving measures due to the conflict in West Asia. The decision comes as fuel supply stabilises and the government secures national fuel stocks.
Mohun Bagan Super Giant has appointed Greek tactician Panagiotis Dilmperis as their new head coach on a one-year contract. Known for his attacking yet balanced style and ability to blend youth with experience, Dilmperis aims to build a disciplined and courageous side to compete for all trophies, acknowledging the high expectations and the significance of the Kolkata Derby.
India's men's volleyball team achieved an unbeaten run to the AVC Men's Volleyball Cup semi-finals, propelling them to World No. 42. Head coach Dragan Mihailovic attributes this success to discipline and a structured system but stresses the need for consistent international exposure, longer national camps, and a robust development pathway to sustain and build upon this momentum, especially amidst administrative uncertainty in Indian volleyball.
The Rajya Sabha witnessed a heated debate between the opposition and the government regarding a discussion on the West Asia crisis, with accusations of political maneuvering and failure to uphold the dignity of parliamentary positions.
Faculty recruitment is conducted directly by universities using global hiring standards while complying with Indian regulations.
The Islamic Revolutionary Guard Corps (IRGC) on Sunday issued a stark warning that American and Israeli universities in West Asia could be treated as 'legitimate targets' in retaliation for alleged United States and Israeli strikes on Iranian academic institutions and cultural infrastructure.
Pakistan is hosting a quadrilateral summit of foreign ministers from Saudi Arabia, Egypt, and Turkiye to discuss the conflict in West Asia and explore avenues for peace. The summit includes discussions on regional developments and meetings with Prime Minister Shehbaz Sharif.
Modi said that the West Asia crisis has been going on now for more than three weeks and is having a very adverse impact on the global economy and on people's lives. He said the entire world is urging all parties for the earliest resolution of this crisis.
IT stocks had their worst first half fall in decades, with the Nifty IT index declining 31% in the January-June 2026 period, its biggest decline in the first six months of a calendar year since 2003.
Climate experts explain how El Nino and climate change are intricately linked, with El Nino delaying monsoon onset and climate change intensifying rainfall. This new reality is altering the Indian monsoon's behaviour, leading to short-duration, high-intensity rain spells, especially in western and northwestern regions.
The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.
Former India women's hockey captain Asunta Lakra has written to the Sports Ministry, SAI, and IOA, alleging institutional protection of sexual harassment and intimidation of women athletes within the sport. She claims she faced threats and a smear campaign after raising concerns about an individual, Sudhir Gola, and has accused Hockey India Secretary General Bholanath Singh of threatening her. Singh denies the allegations, linking them to upcoming elections, while Hockey India President Dilip Tirkey has acknowledged Lakra's concerns and promised an amicable resolution.
The report notes that equities had faced pressure from elevated valuation premiums, subdued nominal gross domestic product (GDP) and earnings growth, sustained foreign portfolio investor (FPI) selling, artificial intelligence (AI) infrastructure euphoria, and external shocks including US tariffs and a spike in crude oil prices due to geopolitical tensions in West Asia. However, several of these factors are now reversing.
Brazil's World Cup Round of 32 meeting with Japan on Monday comes with the chance for revenge for Carlo Ancelotti's squad and a test of how far he has taken his team since a Tokyo collapse early in his tenure.
India is sending a strong contingent of U-19 and U-23 boxers, including Asian Champion Vishvanath Suresh and World Boxing Futures Cup gold medallist Chandrika Bhoresh Pujari, to the Asian Boxing Championships in Jakarta. The championships will provide a crucial platform for young Indian talent to compete against the best in Asia.
Kunal Upreti, known as Spark, has become India's sole Trackmania representative at the Esports World Cup 2026 after excelling in the Asia and Oceania qualifiers. He will compete for a significant prize pool, representing both India and S8UL on the global stage.
HDFC Bank reported an 8.04 per cent increase in its March quarter consolidated net profit to Rs 20,350.76 crore, but highlighted potential near-term risks for small-business borrowers due to the West Asia conflict. The bank's CEO also addressed the recent resignation of its non-executive chairman and hinted at a potential top-level reorganisation.
Prime Minister Narendra Modi has called on Indian citizens to unite and overcome the challenges posed by the ongoing conflict in West Asia, cautioning against politicisation and rumour-mongering.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
Prime Minister Narendra Modi addressed the Lok Sabha on the West Asia crisis, expressing concern over its impact on the global economy and assuring the safety of Indian citizens in the region.
Prime Minister Narendra Modi addressed the Lok Sabha on the West Asia crisis, expressing concern over its impact on the global economy and assuring the safety of Indian citizens in the region.
Pakistan Prime Minister Shehbaz Sharif clarified that the recent Memorandum of Understanding (MoU) signed between the US and Iran does not include provisions regarding Tehran's ballistic missile programme. This statement followed talks with Iranian President Masoud Pezeshkian, with Sharif emphasising Iran's right to its defence capabilities and Pakistan's role as a mediator in the US-Iran peace process.
The 22nd Delhi International Open Grandmasters Chess Tournament, scheduled for January 2027, will feature a record-breaking prize pool of Rs 1.32 crore, making it the open tournament with the highest prize money globally. The event will have three categories, attracting FIDE-rated players, Grandmasters, and amateurs alike, with over 3,000 participants expected. This tournament has historically been crucial for developing Indian chess talent, including stars like D Gukesh and R Praggnanandhaa, and aims to establish New Delhi as a global chess hub.
Batting coach Sitanshu Kotak discusses the Indian cricket team's ongoing transition, highlighting the debut of young Vaibhav Sooryavanshi and the challenges of playing without Hardik Pandya. He emphasises the team's focus on developing new talent and improving in all departments for future World Cups.
External Affairs Minister S Jaishankar will address the Lok Sabha on the situation in West Asia, as Parliament reconvenes for the Budget session amidst ongoing regional tensions.
The Ministry of External Affairs (MEA) has stated that Prime Minister Narendra Modi and External Affairs Minister S Jaishankar are actively engaged with world leaders to promote dialogue and diplomacy for peace in West Asia, while also ensuring the safety and well-being of the Indian community in the region.
