Indian benchmark indices, Sensex and Nifty, experienced a significant drop of over 1 per cent, driven by a bearish trend in global markets, weakness in HDFC Bank and IT firms, and fresh foreign fund outflows.
Gold and silver prices are anticipated to maintain a positive trajectory in the coming week, with market volatility expected to remain high due to ongoing developments in West Asia and upcoming global economic data, particularly the Federal Reserve's FOMC meeting minutes.
The Indian IT Ministry has engaged in 'hard talk' with Meta regarding child sexual abuse material (CSAM), leading to increased sensitivity and action from the tech giant. The government asserts that Indian laws must be followed and social media harms mitigated, with no safe harbour for violations. Discussions also covered AI labelling and the WhatsApp username issue, highlighting a global concern over social media harms.
Foreign Portfolio Investors (FPIs) have injected Rs 16,621 crore into Indian equities during the first half of August, continuing a buying spree driven by improving relative valuations, resilient corporate earnings, and expectations of softer US interest rates.
According to former India coach Rahul Dravid, Vaibhav Sooryavanshi's development must balance white-ball success with sustained red-ball exposure, giving the teenager time, patience and experience to eventually become a Test cricketer.
'Dolly Parton managed to give the world the ultimate mystery and fantasy in some corners of her life, but to give full transparency in the ways that counted. Somehow she was true grace and true grit, all in one dazzling person.'
India secured a comprehensive victory over Sri Lanka in the first Test, improving their World Test Championship points percentage. However, despite the win, their path to the WTC final has become significantly more challenging, requiring them to win almost all their remaining matches due to a tightly packed table and other teams' results.
This article details the process and requirements for a vote of no confidence against the FIFA President, Gianni Infantino, following challenges to his leadership.
BJP MP Janardan Mishra has strongly defended the Centre's ethanol blending policy amidst ongoing controversy, highlighting India's high crude oil import dependency and global geopolitical challenges. He questioned opponents of ethanol blending, citing Brazil's successful use of 100 per cent ethanol in vehicles and experts' views on its engine compatibility.
France achieved a historic double victory at the World Championships, with Thom Gicquel and Delphine Delrue winning mixed doubles and Alex Lanier securing the men's singles title. This unprecedented success is attributed to decades of strategic investment in a national badminton system, including national and regional centres, coach education, and a focus on holistic player development, aiming to elevate France among traditional Asian powerhouses in the sport.
'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
New Delhi must look for formal, institutional statements issued directly from Washington rather than rely on casual pronouncements meant for local audiences, notes Ambassador Rajasekhar.
India's top 11 listed real estate developers are projected to achieve combined presales of 1.82 trillion by FY27, a significant increase from 1.49 trillion in FY26, demonstrating sustained sales momentum despite market challenges.
IT Secretary S Krishnan advocates for India to pursue "strategic autonomy" in the AI ecosystem by building domestic capabilities and diversifying global supply chains. He emphasized avoiding overdependence on single sources while integrating into trusted global networks, and also highlighted the need to consider an AI law and regulatory framework.
Indian benchmark indices Sensex and Nifty saw declines in early trade, primarily due to elevated crude oil prices stemming from the unresolved geopolitical situation in the Strait of Hormuz. Analysts suggest that while global sentiment improved slightly after a benign US inflation report, the ongoing US-Iran standoff continues to exert pressure on domestic equities. Track Sensex, Nifty on August 13.
Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.
A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.
Former Australia all-rounder Moises Henriques, born in Madeira, will captain Portugal in their bid to qualify for the Twenty20 World Cup for the first time, leading a 14-man squad in the Europe Sub-Regional Qualifier C in Finland.
A new report by Motilal Oswal Financial Services Ltd (MOFSL) indicates that inflation, interest rates, and monetary policy have become more significant drivers of gold prices than traditional geopolitical conflicts, with markets increasingly focusing on these economic factors.
Indian benchmark indices, Sensex and Nifty, experienced subdued trading and turned flat on Tuesday as investors engaged in profit-booking following a recent rally, compounded by weak Asian market trends and fresh foreign fund outflows.
Argentina's men's hockey captain, Matias Rey, draws inspiration from football legend Lionel Messi as he leads his team in his sixth World Cup. Rey, like Messi, emphasizes the "never give up" philosophy learned from the national football team's success. The team, including goalkeeper Tomas Santiago, is preparing for a tough match against India, focusing on neutralizing key players like Harmanpreet Singh, while fans show their support by wearing Messi's jersey.
Tero Entertainment Public Co. Ltd. has launched Quest India 2026, marking the official introduction of 3x3 basketball to the country. This fast-paced, urban Olympic sport, backed by BFI and FIBA, will feature its inaugural event in September 2026, blending elite competition with street culture.
The Federal Bureau of Investigation (FBI) has issued a 'Wanted' notice for Indian national Major Singh, alleging his involvement in a transnational criminal organisation engaged in racketeering and unlicensed firearms dealing, linked to the 'Jaggu Bhagwanpuria Organised Crime Group' which originated in Punjab, India.
Two men, including a priest, were injured after a 27-year-old man stabbed them with a screwdriver inside a gurdwara in Edmonton, Canada. The suspect, who has a history of violent attacks and was recently released from prison, has been arrested, and police are investigating whether the incident was hate-motivated.
Meerut Mavericks fast bowler Kartik Tyagi has lauded captain Rinku Singh, stating that the left-hander is 'almost in the Top 5 batters' globally for his ability to dominate pressure situations in the death overs.
Astrobase Space Technologies, a Bengaluru-based startup, has unveiled 'EVEREST', India's first privately built full-flow staged combustion (FFSC) LOX-Methane rocket engine. This advanced engine, designed for reusable medium-lift launch vehicles, aims to enhance India's position in the global space economy by providing high-performance propulsion systems for future satellite deployments.
Indian benchmark indices, Sensex and Nifty, saw declines in early trade, influenced by rising crude oil prices and ongoing geopolitical tensions in West Asia. Experts suggest that crude oil remains a primary concern, with Brent holding near USD 88 a barrel due to renewed US warnings against Iran, embedding a geopolitical risk premium in energy markets. Track Sensex, Nifty
Indian benchmark indices closed marginally higher, with the Sensex gaining over 43 points and the Nifty remaining flat, as a spike in crude oil prices due to geopolitical uncertainties tempered risk appetite.
Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.
Indian IT companies are experiencing a growing trend towards outcome-based pricing models, moving away from traditional time and material or fixed-price contracts, as artificial intelligence reshapes client engagement and deal structures.
A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.
Cricket Scotland and the Royal Dutch Cricket Association (KNCB) have jointly criticised the International Cricket Council's (ICC) significant structural changes to the Men's 50-over World Cup qualification pathway, calling it a 'setback to Associate Member cricket' and expressing disappointment over the lack of consultation.
A new report by FICCI, BCG, and IBA outlines that India's banking sector must grow significantly faster than nominal GDP to support a USD 30 trillion economy by 2047, requiring banking assets of USD 45 trillion. The report highlights the sector's current strength, challenges in digitisation, and the need to enhance resilience against fraud and cyber threats, proposing a 13-point agenda for stakeholders.
Tata Motors Passenger Vehicles (TMPV) reported Q1FY27 results showing significant margin pressures at both Jaguar Land Rover (JLR) and its domestic operations, despite strong volume growth in the India business. Analysts expect these margin headwinds to persist, potentially offsetting gains from increased sales and new launches.
MiniMines Cleantech Solutions has secured an Indian patent for its Hybrid Hydrometallurgy technology, which efficiently recovers critical minerals like lithium, cobalt, and nickel from end-of-life lithium-ion batteries and electronic waste. This innovative process, developed in India, supports sustainable battery recycling and strengthens resource security for the nation's growing demand for critical minerals.
Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.
The Hingorani family's decision to part with the Gandhi archive after generations was guided by a desire to make it accessible to a wider audience and to fund initiatives that would extend its legacy.
As NSRCEL enters its next phase, the incubator plans to focus on AI, deep technology and global partnerships as it looks to expand its reach.
Indian hockey fans, including a significant diaspora presence and supporters from abroad, created a vibrant, festive atmosphere in Amstelveen for the World Cup opener against Wales on Independence Day, driven by increased expectations following recent Olympic successes.
The US Department of State has signed a Memorandum of Understanding with the Ultimate Fighting Championship (UFC) to launch a public-private partnership aimed at advancing sports diplomacy worldwide. This initiative will leverage UFC's extensive global platform and athletes to engage international audiences, promote cultural exchange, and champion American values such as discipline and perseverance.
