NPCI International Payments Ltd (NIPL) and Maldives Monetary Authority (MMA) have successfully integrated the Maldives' instant payment system 'Favara' with India's Unified Payments Interface (UPI). This enables real-time fund transfers from Maldives to UPI-enabled Indian bank accounts, marking a significant step in cross-border digital financial connectivity and bilateral economic cooperation.
The UN General Assembly has adopted a resolution, backed by India, to correct the world map for a more accurate representation of continental landmasses. The resolution addresses the distortions caused by the widely used Mercator projection, which minimises the perceived sizes of regions like Africa, Latin America, and South Asia, promoting an unbalanced global view. India supports the move towards more accurate cartographic practices, specifically endorsing broader use of Equal Area map projections.
'You can't be selfish when you're thinking about nature. It has to be good karma.' 'If we prevent textile waste from going to the landfills, it's good karma.'
India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.
Tamil Nadu Chief Minister C Joseph Vijay and actor-racer Ajith Kumar, known as 'Thalapathy' and 'Thala' respectively, shared a warm, lingering hug at the iconic Silverstone circuit in the UK.
The Airports Economic Regulatory Authority (AERA) has waived landing charges for international flights at the Navi Mumbai International Airport for one year, with phased discounts for subsequent years. This move aims to incentivise airlines to establish new international routes from the airport, modifying previous criteria that linked waivers to the broader Mumbai Metropolitan Region.
French aerospace and defence major Thales views India as a highly dynamic market for avionics, with significant growth potential as Indian airlines expand their fleets. The company, which has a substantial presence and MRO facilities in India, is also exploring opportunities to replicate India-developed solutions globally and sees increased use of AI in development.
The Sports Ministry has granted an exemption to the Indian Olympic Association (IOA), allowing it to maintain a 16-member Executive Council. This decision aligns with the International Olympic Committee's (IOC) recommendation, overriding the National Sports Governance Act's usual limit of 15 members, to ensure compliance with international statutes ahead of upcoming IOA elections.
Punjab has launched the fourth season of its state-level sports event, 'Khedan Wattan Punjab Diyan', aiming to identify and nurture sporting talent from grassroots to global levels. The event, featuring 39 disciplines and nearly 10 lakh participants, offers Rs 12.50 crore in prize money, including cash awards for veteran players for the first time. Chief Minister Bhagwant Mann inaugurated the games, highlighting the state's commitment to sports infrastructure development and financial assistance for athletes.
Oil prices are expected to remain elevated due to disruptions in the Strait of Hormuz, with both the US Energy Information Administration (EIA) and Rabobank International forecasting firm prices and a potential surge above $100 a barrel if disruptions worsen.
Prime Minister Narendra Modi presented Russian President Vladimir Putin with a Russian translation of the Thirukkural, the classical Tamil work by poet-philosopher Thiruvalluvar, ahead of the BRICS Summit in New Delhi.
Cognizant reported a 1.4 per cent year-on-year dip in net profit for the April-June quarter to $636 million, while revenue grew 4.5 per cent to $5.5 billion. The company has also cut the top end of its annual guidance, citing a slowdown in macroeconomic conditions and rising uncertainty.
Prime Minister Narendra Modi employed Gen Z-friendly phrases like "OG" and referenced the film 'Dhurandhar' during his address at Delhi University's Shri Ram College of Commerce. This move, 13 years after a previous impactful speech at the same venue, is part of a broader strategy by the BJP to connect with younger audiences, contrasting India's past challenges with its current global standing.
RNFI Services Ltd has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator - Physical (PA-P). This approval allows the company to expand its financial infrastructure into physical, offline, and in-store payments, complementing its existing regulated financial services portfolio.
Indian mutual fund holdings in overseas equity securities increased by 37.5 per cent year-on-year to approximately '93,602 crore by March-end, according to RBI data. This growth is attributed to mark-to-market gains from a global market rally and heightened investor interest, with the US remaining the primary destination for these investments.
Josh Kushner said Thrive Capital misjudged football's political dynamics, would have avoided FIFA's failed $20 billion rights plan, but still supports its aim of broader investment.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trading, primarily due to selling pressure on blue-chip HDFC Bank and ongoing geopolitical uncertainties.
SCTIMST and Invasive Technologies have launched "Chitra Core," a new drug-eluting coronary stent designed with significantly less metal to reduce complications. This indigenous innovation, developed in collaboration, aims to provide advanced and cost-effective cardiac care, building on decades of Indian medical device development. The institute is also developing a unique TiN-coated stent for global markets.
State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
Fighting in Yemen has intensified as Houthi rebels advance on strategic government-held areas like Marib and Taiz, putting pressure on Saudi Arabia to respond. The conflict is also linked to wider US-Iran tensions affecting shipping in the Strait of Hormuz, with former US President Trump commenting on the situation.
NVIDIA has acquired AI startup Hugging Face for USD 12.9 billion, aiming to scale its platform, strengthen infrastructure, and expand AI access for developers and institutions globally while maintaining an open ecosystem.
NVIDIA has acquired AI startup Hugging Face for USD 12.9 billion, aiming to scale its platform, strengthen infrastructure, and expand access to AI for developers and institutions worldwide while maintaining an open ecosystem.
Home Minister Amit Shah chaired a high-level meeting in Ahmedabad to review India's preparations for hosting the 2030 Commonwealth Games and its bid for the 2036 Olympic Games. The meeting, also attended by Union Sports Minister Mansukh Mandaviya and Gujarat's Deputy CM Harsh Sanghavi, highlighted the government's commitment to establishing India as a global sporting destination. Discussions also covered the 2029 World Police and Fire Games, set to be held in Ahmedabad.
Despite international fame, she remained rooted in village traditions. Friends recalled that success never changed her lifestyle.
The All India Football Federation has announced a series of high-profile international friendly matches for the Indian men's national team. India will host Panama on September 26 in Bengaluru, followed by five-time world champions Brazil on October 3 and two-time world champions Uruguay on October 6, both in Kolkata. These matches represent a significant step for Indian football, offering the team a chance to compete against top-ranked global opponents.
India has once again topped the Athletics Integrity Unit's global list of dope offenders with 162 names, highlighting a significant doping problem in the country's sporting landscape. This led to the Athletics Federation of India being re-categorised to 'Category A' due to high doping risk, requiring more stringent testing.
The Sports Ministry has initiated a fresh application process for a national Yogasana federation, setting a September 17 deadline. This follows a Delhi High Court ruling that quashed the recognition of Yogasana Bharat and mandated a new affiliation procedure. Eligible bodies must submit detailed applications, adhering to the National Sports Governance Act, which includes specific requirements for executive committee composition.
Prime Minister Narendra Modi, addressing the SCO summit in Bishkek, called for a united front against terrorism and its financing, rejecting double standards. He emphasised resolving conflicts through dialogue and diplomacy, not battlefields. Modi also highlighted that connectivity projects must respect national sovereignty and territorial integrity, a veiled reference to China's Belt and Road Initiative. India's vision for SCO rests on security, connectivity, and opportunity.
FIFA President Gianni Infantino is committed to seeking re-election in March next year, despite facing renewed opposition following a controversial plan to sell a stake in FIFA competitions to private investors.
TeamLease EdTech Founder and CEO Shantanu Rooj states that the AI-driven world transition is irreversible, with regulation and cost being crucial factors determining its speed and depth. He emphasizes that while AI will transform jobs, not eliminate them, continuous learning, domain expertise, and adaptability will be key for individuals and businesses to thrive in this evolving landscape. Rooj also highlights the need for universities to adapt their curricula to prepare a future-ready workforce.
American tennis stars Jessica Pegula and Frances Tiafoe acknowledge significant progress in diversity within tennis, citing increased representation across various demographics and global participation, yet both highlight the persistent challenge of affordability and access for aspiring young players.
Researchers from the Indian Institute of Science (IISc) and Technical University of Denmark have developed a recombinant antivenom that provides broad protection against the venom of spectacled cobras, monocled cobras, and Indian king cobra species in mice. This lab-produced antivenom offers a next-generation solution to traditional animal-derived antivenoms, addressing issues like variability and limited species coverage.
Shares of Symbiotec Pharmalab Ltd, a pharma and biotech company, made a muted market debut, listing nearly 1 per cent lower on the BSE against its issue price of Rs 988, but later recovered to trade higher.
World No. 1 Magnus Carlsen has offered his perspective on the upcoming World Chess Championship, where D Gukesh will face Javokhir Sindarov. Carlsen believes Gukesh should view the challenge as an opportunity to gain rather than a burden to defend, despite considering Sindarov the favourite. He also shared insights into the psychological aspects of the game and his personal preference for rapid chess over classical formats.
Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.
India's Unified Payments Interface (UPI) recorded an unprecedented 24.51 billion transactions valued at Rs 29.8 lakh crore in August, largely propelled by the Raksha Bandhan festival. This surge marks a 22% annual increase in volume and 20% in value, highlighting the expanding reach and depth of the UPI ecosystem. Experts anticipate further growth during the upcoming festive season, while UPI's international acceptance now spans 11 countries.
A government bill proposing to widen the remit of the Indian Statistical Institute (ISI) is facing scrutiny from Members of Parliament. Concerns have been raised that the Indian Statistical Institute Bill, 2026, could reduce the premier institute's autonomy. The bill, currently under examination by a Parliamentary Standing Committee on Finance, aims to incorporate ISI as a 'body corporate' to strengthen governance and promote academic excellence, but critics fear increased government control.
Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the escalating US-Iran standoff and persistently high crude oil prices, with experts predicting increased volatility.
'Uranium supply is going to come under increasing pressure.'
