The initial public offering (IPO) of auto components maker Hero Motors Ltd was fully subscribed on its first day of bidding, receiving bids for 1.38 times the shares on offer, with strong interest from retail investors.
State-run defence major Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas Final Operational Clearance twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, along with Dhruv next-generation helicopters to Pawan Hans. This significant handover, witnessed by Defence Minister Rajnath Singh, marks a crucial step in India's journey towards self-reliance in the aerospace sector, showcasing HAL's diverse capabilities in military, civil, and training aviation.
Indian firm Bharat Forge and US defence major Pratt & Whitney Canada have announced a collaboration to support the development of India's high-altitude, long-endurance (HALE) unmanned aerial vehicle. This partnership involves integrating advanced turboprop engines into a DRDO-designed UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative.
Chinese President Xi Jinping has called for global collaboration in Artificial Intelligence development, stating it should be a "symphony" rather than a "solo performance." His remarks came at the World Artificial Intelligence Conference (WAIC) in Shanghai, where 29 countries also signed an agreement to establish the World Artificial Intelligence Cooperation Organisation (WAICO), an independent intergovernmental body headquartered in Shanghai. China also pledged 5,000 AI research projects and training for developing nations.
The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) opened for subscription, receiving 9 per cent bids on its first day, with strong participation from anchor investors.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring a bearish trend in global equities, as escalating conflict in West Asia drove up crude oil prices and intensified investor concerns.
'Treating stock brokers as merchants for MDR is fundamentally misplaced.'
'Details of accounts such as the name, email id associated with the account, the IP address will now be shared with law enforcement agencies, which will help track down offenders faster.'
Indian golfer Krishiv Tekchandani, known for his philanthropic efforts, has launched an ultra-luxury watch brand called 'XII NOON'. The venture aims to create exclusive timepieces of Bharat origin and will dedicate a portion of its earnings to support widows of Indian Army soldiers.
Pakistan has formally requested the Asian Hockey Federation to move its Asian Champions Trophy matches from India to a neutral venue, citing a "sensitive bilateral situation" and security concerns. The tournament is scheduled for October 27 to November 5 in Mohali and Jalandhar. This request follows earlier claims of Pakistan's participation and past withdrawals from events in India.
Trump has announced an 'Infinite Life' agreement with Denmark and Greenland, claiming it grants the United States permanent control over security and the ability to prevent adversaries from establishing a military presence or making sensitive investments on the strategically vital Arctic island.
The All India Football Federation (AIFF) is facilitating discounted tickets for members of Mohun Bagan, East Bengal, and Mohammedan Sporting for India's upcoming FIFA tier-1 friendlies against Panama, Brazil, and Uruguay. These high-profile matches will be held in Bengaluru and Kolkata, with the AIFF also planning Fan Parks across districts to promote grassroots football and allow wider viewership. The matches are seen as a significant opportunity for the Indian national team to test itself against top-ranked opponents.
'I don't really expect the August increase in food prices, which was close to 6 per cent, to persist as we go close to the end of this year.'
An Indian firm, Bharat Forge, and US defence major Pratt & Whitney Canada have announced a collaboration to develop India's high-altitude, long-endurance (HALE) unmanned aerial vehicle (UAV). This partnership will focus on integrating advanced turboprop engines into the DRDO-designed HALE UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative. The collaboration aims to enhance India's strategic self-reliance in surveillance and reconnaissance technology.
RBI Deputy Governor S C Murmu stated that the introduction of merchant discount rate (MDR) on UPI transactions is unlikely to cause a shift back to cash, despite some concerns, emphasising that MDR will help the payments ecosystem recover costs.
Hardeep Singh Brar, President and CEO of BMW Group India, has urged state governments like Delhi to remove price caps on road tax benefits for electric vehicles (EVs), arguing that such limits deter luxury-car buyers and hinder the transition to cleaner mobility in pollution-affected regions.
Refusing to travel to India citing "sensitive bilateral situation", Pakistan on Wednesday asked the Asian Hockey Federation to shift its Asian Champions Trophy matches to a neutral venue.
Japan hosted a vibrant opening ceremony for the Asian Games in Nagoya, showcasing its technological advancements and cultural heritage. The event, themed 'Harmonic Heart Beat', welcomed 11,000 athletes from 45 nations, despite prior logistical challenges.
The inaugural World Athletics Ultimate Championship saw thrilling performances on its second day, with Audrey Werro defeating Olympic champion Keely Hodgkinson in the women's 800m and Melissa Jefferson-Wooden clocking the season's fastest time in the women's 100m. Other notable winners included Kenny Bednarek in the men's 100m, Collen Kebinatshipi and Marileidy Paulino in the 400m, Haruka Kitaguchi in javelin, Klaudia Kazimierska in 1500m, Miltiadis Tentoglou in long jump, and Sandi Morris in pole vault.
China emphasises proper handling of differences and a long-term perspective for bilateral ties ahead of President Xi Jinping's visit to India for the BRICS summit and talks with Prime Minister Narendra Modi. The visit aims to stabilise relations following the 2020 Ladakh standoff and strengthen BRICS cooperation.
'It's A Cat And Mouse Game.'
Danish FA President Jesper Moller has renewed calls for FIFA President Gianni Infantino to step down, citing FIFA's refusal to answer 'critical questions' regarding its abandoned proposal to sell commercial stakes in tournaments.
Barcelona's Lamine Yamal believes his World Cup success with Spain and LaLiga title with Barcelona should give him the advantage over Real Madrid's Kylian Mbappe in the race for the prestigious Ballon d'Or award.
Moody's Analytics predicts India will remain the fastest-growing major economy in 2026 and 2027, but its pace will moderate due to a global slowdown, geopolitical risks, and financial market volatility, despite the boost from AI demand.
FATF Vice-President Vivek Aggarwal has urged the fintech industry to increase investments to combat emerging threats from AI, scam compounds, virtual digital assets, and quantum computing. He warned that these technological challenges pose a significant risk to India's rapid growth in the fintech sector, highlighting a current lack of adequate investment and risk realisation within the industry.
Streaming has globalised the entertainment industry, enabling artists like Diljit Dosanjh and Arijit Singh to reach diverse international audiences.
'India is trying to project that it can engage with the world in a different way too.'
US President Donald Trump asserted that Iran is attempting to remove him from office, believing a Democratic administration would permit them to develop nuclear weapons. Trump vowed to prevent Iran from acquiring nuclear capabilities and stated he has no regrets about his confrontational approach, claiming he would act the same way again. He also linked the ongoing conflict to rising stock markets and oil prices, and controversially suggested renaming the Strait of Hormuz.
UST, a California-based technology company, highlights India's unique opportunity to build an AI-native semiconductor ecosystem, bypassing older models. Speaking at SEMICON India 2026, UST COO Gilroy Mathew emphasised India's advantage in investing in infrastructure and talent at the right time, enabling it to create AI-native manufacturing and supply chains for future competitiveness.
What happens to my money if the market falls off a cliff tomorrow? Sandipan Roy, CIO, Motilal Oswal Private Wealth has the answer.
TMC MP Mahua Moitra has formally complained to the UN Special Rapporteur on Minority Issues, alleging that senior Muslim IAS and IPS officers in West Bengal were deliberately excluded from official events attended by Union Home Minister Amit Shah. Moitra claims these officers were sidelined due to their religion, a pattern she describes as discriminatory and potentially damaging to minority confidence in security establishments.
Prime Minister Narendra Modi and Russian President Vladimir Putin held extensive discussions to strengthen bilateral trade, defence, and energy cooperation, while also addressing the ongoing Ukraine conflict and exploring avenues for peace and resolution, with Modi reiterating India's call for dialogue and diplomacy.
'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'
India needs to move beyond ease and cost of doing business and focus on the "speed of doing business" as the next leg of reforms to sustain economic growth and private investment, Confederation of Indian Industry (CII) President R Mukundan said.
Seven former Australian cricket captains, including Greg Chappell and Steve Waugh, have urged Australian Foreign Minister Penny Wong to address the welfare of imprisoned former Pakistan Prime Minister Imran Khan. Their appeal focuses on humanitarian treatment and due process, not the legal or political aspects of his case, citing concerns about his deteriorating health.
Pakistan has requested the Asian Hockey Federation to move its Asian Champions Trophy matches from India to a neutral venue, citing a "sensitive bilateral situation" and security concerns. Hockey India has rejected this demand, stating there will be no change in venue for the tournament scheduled in Mohali and Jalandhar from October 27 to November 5. Pakistan's participation remains uncertain, with potential replacements like Bangladesh and Oman being considered.
The FIFA World Cup 2026 will conclude with a spectacular closing ceremony at New Jersey Stadium, featuring performances by global superstars like Tom Cruise, Laura Pausini, Nicole Scherzinger, Robbie Williams, and IShowSpeed. Jennifer Hudson will perform the US national anthem. The ceremony will celebrate the journey of 48 teams across three host countries and 16 cities, marking the end of a record-breaking tournament.
Penelope Cruz and Javier Bardem's new film Bunker received a remarkable 16-minute standing ovation at the Venice film festival, marking the longest applause for a premiere at this year's event.
Infantino appears to have enough global support to secure re-election, forcing opponents without a credible challenger to consider shifting from defeating him to curbing presidential powers.
