The state-run Pakistan Sports Board is only funding a fraction of the country's 248-member Asian Games contingent, with many athletes and officials relying on federations, the POA, or self-financing. The Pakistan Olympic Association secretary, Khalid Mahmood, confirmed that self-funded medal winners would be compensated and highlighted Pakistan's medal hopes across various disciplines.
The Sports Ministry has approved a 191-member Indian contingent for the Commonwealth Games in Glasgow, comprising 126 athletes and 51 officials. The Ministry has stipulated that expenses for Indian Olympic Association (IOA) Executive Committee members will not be covered by the government. Additionally, National Sports Federations are required to conduct background checks on their contingents, and a performance report must be submitted post-Games.
The Sports Ministry has invested over Rs 702 crore in the last three years to prepare Indian athletes for the upcoming Asian Games in Japan, featuring 310 debutants.
The 2026 Hero Women's Indian Open will see the return of three past champions Shannon Tan, Liz Young, and Olivia Cowan at the DLF Golf & Country Club from October 22-25. The prestigious Ladies European Tour event, offering a USD 500,000 prize, will also feature other top international golfers and the Indian contingent vying for the title after a decade.
US missions across West Asia have issued a security alert advising American nationals to "exercise heightened vigilance" due to Houthi attacks against Saudi Arabia and the potential for Iran and its allies to target US interests. The advisory warns of potential travel disruptions and escalating hostilities, linking the Houthi actions to Iran's regional network and the ongoing US-Iran conflict.
Indian banks are projected to achieve healthy profit growth in the second quarter of financial year 2027 (Q2FY27), driven by lower credit costs, robust advance growth, and fee income. However, net interest margins (NIMs) are expected to face pressure due to significant mobilisation of foreign currency non-resident (bank) FCNR(B) deposits.
Prime Minister Narendra Modi met India's Asian Games medal-winners, including the gold-winning cricket teams, on Thursday. He praised their achievements, highlighting India's growing strength in sports and its ambition to become a credible host for major international events, including a bid for the 2036 Olympics. Modi also emphasised the government's support for athletes and urged medallists to mentor the next generation.
Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.
Quimcy D'Souza, a self-funded and self-coached Indian teqball player, competed at the Asian Games with the aim of popularising the sport in India. Despite narrowly missing out on two bronze medals, D'Souza views her journey as a crucial first step towards establishing teqball in the country and inspiring more athletes.
The decision was taken at the BRICS Summit in Durban which also launched a Business Council to encourage investment and trade in member countries and to expand business cooperation.
Naorem Roshibina Devi secured a silver medal in the women's 60kg wushu at the Asian Games, marking her third consecutive medal at the event.
The Cabinet also approved making a provision of Rs 100 crore (Rs 1 billion) towards combating water scarcity situation and Rs 200 crore (Rs 2 billion) towards setting up of fodder camps.
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
Investors opening new brokerage accounts must choose a broker suited to their style.
India and China are in what experts call 'a cooperation-versus-competition situation'.
The Reserve Bank of India (RBI) reported a significant 52 per cent year-on-year increase in gains from foreign exchange transactions, reaching 1.69 trillion in FY26. This surge occurred despite the central bank selling a gross $195 billion in the spot market to manage rupee volatility, which saw a 9.85 per cent depreciation.
Pakistan's Olympic gold medallist javelin thrower Arshad Nadeem faced criticism after a disappointing ninth-place finish at the Commonwealth Games in Glasgow.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
The Reserve Bank of India (RBI) has announced a record surplus transfer of Rs 2.87 trillion to the central government for FY26, driven by increased income and an expanded balance sheet, despite a reduction in the contingent risk buffer (CRB) to 6.5 per cent.
Students and families must stress test repayment capacity based on Indian salary standards.
India's artistic gymnastics squad is undergoing a three-week training camp in London before heading to Glasgow for the Commonwealth Games. The camp, funded by SAI, aims to fine-tune preparations for both men's and women's teams, including Olympian Pranati Nayak. The team will travel directly to Glasgow on July 20.
Jaspreet Kaur and Jhandu Kumar, two Indian para powerlifters, have overcome significant personal challenges, including polio and poverty, to qualify for the upcoming Commonwealth Games.
Bharti Airtel is strategically shifting its focus towards data centres, cloud services, and financial services as key drivers for its next phase of growth, leveraging significant past investments in digital infrastructure, as outlined by Chairman Sunil Mittal in the company's Annual Report for 2025-26.
Israeli Prime Minister Benjamin Netanyahu announced a significant policy shift, declaring that Israel's robust economy no longer requires American financial assistance. He also reiterated strong opposition to Palestinian statehood, affirmed an aggressive national defence strategy, warned of pre-emptive strikes against Iran, and confirmed the continued military presence in southern Lebanon.
A US-Iran memorandum of understanding is set to be signed, outlining sanctions relief, the reopening of the Strait of Hormuz, and a 60-day negotiation window for Iran's uranium enrichment, but US President Donald Trump has underscored the deal's conditional nature, warning of military action if Tehran fails to comply.
Sagiv Steinberg, CEO of the Jerusalem Center for Security and Foreign Affairs (JCFA), described the recent US-Iran peace agreement as a temporary 60-day ceasefire, not a genuine peace deal, suggesting it's timed for the upcoming US midterm elections.
Fund managers advise conservative investors to cap midcap exposure at 10 to 15 per cent of their equity portfolio.
Opposition MPs in the Rajya Sabha criticised the Modi government's economic policies, citing the LPG crisis, lack of energy security, and concerns over the Economic Stabilisation Fund.
India's para archery team excelled at the World Archery Para Series in Bangkok, securing the top position with 13 medals.
The local administration in Jammu has demolished the residential property of a drug peddler as part of its ongoing crackdown on narcotics.
Iran has submitted a fresh proposal to regional intermediaries offering to cease its military operations in the Strait of Hormuz, contingent upon a complete cessation of hostilities and the removal of the US blockade on Iranian maritime hubs.
Iran has lodged a formal complaint with the United Nations, accusing the US of engaging in 'piracy' following the seizure of Iranian vessels. The complaint was detailed in a letter sent by Iran's UN envoy to the UN Secretary-General and the Security Council.
The Sports Ministry has introduced stricter guidelines for selecting coaches for India's Asian Games contingent, prioritising demonstrable contribution and regular association with athletes to manage the increasing number of requests.
Meet Radhika Gupta, CEO and MD of Edelweiss Mutual Fund. One of the 20 global influencers on LinkedIn -- a list she shares with Prime Minister Narendra Modi. And perhaps one of the most candid and transparent voices in Indian finance today.
Analysts predict that developments in West Asia and their impact on crude oil prices will heavily influence investor sentiment in the upcoming week. Global market trends, foreign investor activity, and rupee-dollar movement will also play a role.
Rising living expenses, fear of contract hiring cast shadow on real gains.
Diksha Dagar will lead a team of five Indian golfers at the Women's Australian Open, which returns to the Ladies European Tour schedule for the first time since 2016. The tournament features a strong field including major champions and rising Australian stars.
Sebi Chairman Tuhin Kanta Pandey announced intensified surveillance and technology-driven enforcement to combat pre-investment scams targeting retail investors, who are increasingly being lured by fake trading apps and promises of high returns.
Foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities in February, marking the highest monthly inflow in 17 months, driven by factors such as the interim India-US trade deal, correction in domestic market valuations, and strong corporate earnings.
In a move aimed at curbing the mis-selling of financial products, the Reserve Bank of India (RBI) has proposed banning incentives paid to bank staffers by third parties such as insurance companies and mutual fund houses for selling their products and services. It has also proposed that banks must ensure their user interfaces do not deploy "dark patterns" to lure customers.
