FIDE's decision to shortlist the All India Chess Federation for a prestigious FIDE Excellence Award has ignited a fierce debate within the Indian chess community.
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.
The focus is now on accelerating PSP development through faster approvals, better-quality detailed project reports (DPRs), simplified clearances, and early excavation permissions. Speaking at a recent event, Prasad said hydropower and PSPs would be central to supporting India's renewable energy expansion by providing the reliable and flexible capacity needed to balance rising solar and wind generation. "A huge amount of variability is getting introduced into the grid.
Understanding a product and assessing its suitability improve the chances of staying invested. Use life insurance mainly to cover risk, not to seek returns.
L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.
FPIs have already withdrawn Rs 2.6 trillion from Indian equities in 2026, exceeding the outflows recorded in any previous full calendar year.
India has reiterated its support for freedom of navigation and unimpeded commerce in the South China Sea, backing a 2016 international arbitral tribunal ruling that rejected China's extensive territorial claims. This stance aligns with a recent joint statement by the US, UK, and other nations, emphasising peaceful resolution of maritime disputes under UNCLOS.
State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
The Bombay High Court has quashed a year-long externment order against a political leader, ruling that involvement in agitations and protests against the government cannot be the sole basis for such orders. Justice Madhav Jamdar stated that externment for opposing government decisions affects fundamental rights, including freedom of speech and expression.
The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.
India's Special Olympics Bharat football team is heading to Sweden to compete in the Gothia Cup 2026, aiming for their third consecutive title in the Special Olympics Trophy. The team, comprising players with intellectual disabilities, received a send-off from Sweden's ambassador, highlighting their role as national ambassadors. Their coach detailed the unique training methods involving actions and sign language.
The EPF should remain a retirement nest egg, not be turned into an emergency fund.
Climate activist Sonam Wangchuk has been shifted to a hospital from Jantar Mantar after a 20-day hunger strike, with Delhi Police stating the move was in compliance with High Court directions and medical advice due to his deteriorating health. Protesters, however, alleged he was forcibly removed against his will.
The Jammu and Kashmir unit of the BJP has served a legal notice to Chief Minister Omar Abdullah, demanding a retraction and public apology for his allegations that the BJP attempted to bribe National Conference legislators to destabilise his government. The BJP has called the claims "false, baseless and defamatory" and warned of civil and criminal proceedings, including a Rs 100 crore defamation suit, if their demands are not met within seven days.
The police sealed the room in the rented house of the accused. The police have taken the DVR of the CCTV camera installed at Mishra's rented house into their custody, official sources said.
The Tamil Nadu government has appealed to the Supreme Court against a Madras High Court judgment. The High Court ruled that individuals converting to Islam cannot claim reservation under the Backward Class (Muslim) category solely based on conversion, striking down a state Government Order that allowed such benefits.
The Reserve Bank of India (RBI) has mandated that banks must dispose of immovable assets acquired against bad loans within seven years through public auction, effective October 1, 2026, and has also barred their sale back to the original borrower or related parties.
FSN E-Commerce Ventures (Nykaa) reported nearly 30 per cent year-on-year revenue growth in Q1FY27, marking its highest revenue growth in 13 quarters, primarily driven by accelerated expansion in its fashion segment.
The Delhi High Court has upheld the Equestrian Federation of India's (EFI) selection process for the Asian Games dressage team, dismissing petitions from riders Anush Agarwalla and Sudipti Hajela. The court found no arbitrariness or procedural impropriety, reinforcing the principle that judicial interference in expert selection bodies is limited. Challenges regarding Minimum Eligibility Requirements (MERs), criteria interpretation, and bias were all rejected.
India's Code on Wages mandates strict payout deadlines, two-day full and final settlements, universal wage coverage and capped deductions to safeguard employees and enhance payroll transparency nationwide.
The National Investigation Agency (NIA) conducted nationwide searches across 10 states and one Union Territory, targeting an online terror radicalisation conspiracy linked to ISIS and AQIS. The operation, which led to the seizure of digital devices, is part of an ongoing investigation into a plot to establish an Islamic state in India through violent jihad. So far, 11 individuals and one juvenile have been arrested in connection with the case.
A factional feud has erupted within the Delhi Soccer Association (DSA), leading to the formation of a three-member ad hoc committee by a majority of its members. This committee aims to manage daily affairs and hold elections on August 30, bypassing current president Anuj Gupta, who has labelled the move "illegal" and plans legal action.
'The Ayodhya incident has certainly hurt the faith of all of us, of Ram devotees like us.'
'Midcaps and smallcaps are the 'go-to segments' for retail investors.'
One 97 Communications Ltd, operating Paytm, is set to issue its first bonus shares, following a landmark year of achieving its maiden full-year profit and gaining significant market share. The board will meet on July 20 to decide on the bonus issue, reflecting confidence in its financial strength and aiming to improve stock accessibility for retail investors.
A former FIFA referee has questioned the new VAR protocol after fresh controversy involving Argentina, warning that fan confidence in World Cup officiating has been "completely eroded."
Former India captain Shantha Rangaswamy advocates for the expansion of red-ball cricket in the women's game, citing India's emphatic 270-run victory over England at Lord's. She urges the BCCI to revive longer-format domestic competitions across all age groups, emphasizing that Test cricket is crucial for developing technically sound players.
The dramatic postponement came while members were voting on the committee's five principal recommendations, making it an unprecedented moment in the functioning of a parliamentary committee.
A man driving a sub-divisional officer's car allegedly ran over a two-and-a-half-year-old child in Patna's posh DPS Colony and was later found hanging in a room near the incident site, the police said.
The harsh truth is that the US is no longer a reliable partner, cautions Ramesh Menon.
Commercial banks in India recorded their highest credit growth in two years, accelerating to 18.6 per cent year-on-year by June 27, while also mobilising nearly 7 trillion in deposits, marking the third-highest fortnightly deposit growth in 29 years.
India's hydropower generation has been significantly constrained in July due to the El Nio effect, which has weakened the southwest monsoon and reduced reservoir levels. This decline, following a 21 per cent year-on-year drop in June 2026, is forcing greater reliance on coal generation and straining grid flexibility amidst rising power demand.
Former India captain Bhaichung Bhutia believes Lionel Messi needs to win the 2026 World Cup to truly equal Diego Maradona's legendary status, despite Messi's 2022 triumph. Bhutia rates Maradona higher due to his single-handed 1986 World Cup victory, while also tipping Spain as slight favourites over Argentina in the upcoming final.
IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.
Torrent Pharma has emerged as a top sectoral pick for brokerages, driven by healthy growth in India revenues and improved gross margins, leading to a 44 per cent stock return over the past year.
Indian IT services firms are expected to report a soft Q1 FY27 performance due to a challenging macro environment, the impact of AI, and geopolitical uncertainties, leading to reduced discretionary spending and slower decision-making cycles, according to Motilal Oswal Financial Services.
...and 3 lakh for harassment.
The Congress party is set to challenge the Modi government on a range of critical issues, including alleged theft of Ram temple donations, 'systemic corrosion' of the education system, and constitutional amendment bills related to delimitation and dismissal of ministers, during the upcoming Monsoon Session of Parliament.
The police investigating the "embezzlement" of donations at the Ram temple in Ayodhya have scrutinised the bank accounts of relatives of the eight arrested accused as they seek to establish the money trail behind the alleged diversion of funds, sources said on Friday.
Meerut SSP Avinash Pandey has defended the police's handling of a Scheduled Caste college student's death, asserting that all actions were evidence-based. He warned against disturbing law and order and appealed for peace, even as an alleged threat call to his PRO surfaced and police arrested several protesters involved in a recent demonstration.
