Christopher Wood, global head of equity strategy at Jefferies, warns that cheaper Chinese artificial intelligence (AI) models could lead to 'massive capital destruction' in US markets, highlighting the rapid growth of Chinese LLMs and the increasing debt funding for AI capex in the US.
Former India drag-flicker Jugraj Singh has lauded current captain Harmanpreet Singh as a 'trump card' for the upcoming FIH World Cup, citing his aggressive playing style and consistent performance in crucial moments. Jugraj, who sees his own reflection in Harmanpreet's game, rates him among the world's top three drag-flickers and believes the team is well-prepared to end India's long wait for a World Cup medal.
Long jumper Shahnavaz Khan and high jumper Basant Kumar Meghwal, both recent World Athletics U20 Championships medalists, are now setting their sights on podium finishes at the upcoming Asian Games in Japan, aiming to improve their personal bests.
Kerala Chief Minister V D Satheesan announced the state's vision to become a national hub for artificial intelligence and emerging technologies, coinciding with the launch of Naviq Technology by IBS Software Group. The state government is implementing initiatives like an AI-powered dashboard, a Global Job Watch Tower, and curriculum revisions to align with technological advancements and foster skill development in AI and semiconductor sectors.
The Delhi High Court has issued an interim order protecting cricketer Yuvraj Singh's personality rights, restraining third parties from the unauthorised use of his name, image, voice, and likeness, including the sale of merchandise and the creation of AI-generated or deepfake content.
US President Donald Trump has amplified a highly surreal, artificial intelligence-generated music video across his social media network, showcasing an array of fantastical digital avatars that depict him as a globally revered icon.
The Delhi High Court has issued an interim order protecting cricketer Yuvraj Singh's personality rights, restraining third parties from unauthorised use of his name, image, voice, and likeness for commercial gain or creating AI-generated and deepfake content. The court emphasised the need to protect public figures from reputational damage caused by fabricated online content.
Indian stock markets ended a five-day losing streak, with the Sensex surging 776 points and the Nifty gaining 228 points, driven by a significant drop in crude oil prices and easing geopolitical tensions in West Asia.
The challenge thrown by the youth movement creates the opportunity for a more consequential debate on India's economic trajectory because it must remain centered on India's youth as its driving impulse, asserts former foreign secretary Shyam Saran.
Indian benchmark indices, Sensex and Nifty, opened higher on Friday, primarily driven by a significant surge in Bajaj Finance shares following its strong Q1 FY27 earnings report, coupled with continued foreign fund inflows and a dip in crude oil prices. Track Sensex, Nifty on July 31.
Microsoft has launched its fourth cloud region in India, located in Hyderabad, significantly expanding its hyperscale cloud presence. This move is part of a USD 20.5-billion investment in India's digital and AI infrastructure, aiming to support the country's rapid digital growth and meet increasing demand from major enterprises.
Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.
Global semiconductor giant AMD projects the overall market for compute infrastructure, driven by artificial intelligence, to reach USD 2 trillion by 2030 from USD 365 billion in 2025. The company unveiled new products and its Helios AI infrastructure, emphasising an open ecosystem and significant performance gains over competitors, with India playing a key role in its global rollout.
The Indian Racketlon team, captained by Vikramaditya Chaufla, is set to defend its title at the Racketlon World Championships in Rotterdam, the Netherlands. The six-member squad, including last year's champions, will compete in the Challenge Cup, aiming to showcase India's growing prowess in the unique multi-racket sport.
Indian boxers have made significant strides in the latest World Boxing rankings, with Jaismine Lamboria reaching the top spot in the women's 57kg category. Several other Indian athletes, including Priya Ghanghas and Vishvanath Suresh, have broken into the top three, showcasing India's growing strength in both men's and women's boxing globally.
The AM Green Indian Golf Premier League (IGPL) and the Asian Tour have reaffirmed their partnership, aiming to expand playing opportunities and player development for Indian golfers on the international circuit, following successful tournaments in Morocco.
The American military's air-defence missile inventories, including Patriot and THAAD interceptors, are significantly depleted due to the ongoing five-month confrontation with Iran. A CSIS assessment reveals a steep drop in reserve stocks, raising concerns about the US's capacity to maintain Middle East operations and address other global security challenges. This depletion could force the US and its allies to take higher operational risks.
Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a downturn in banking and financial stocks, coupled with crude oil prices remaining above USD 80 per barrel. Geopolitical uncertainties and new regulatory proposals for the non-bank lending sector also contributed to cautious investor sentiment.
World number one Magnus Carlsen is set to compete in the pilot event of the FIDE-approved Total Chess World Championship Tour in November, a precursor to a global season launching in March 2027.
Understanding the most common mistakes during market downturns can help you protect your investments and stay focused on your long-term financial goals, says Ramalingam Kalirajan
Honda is re-entering the Indian market with the ZR-V, a premium hybrid SUV designed to be a halo product and showcase its global line-up, despite its high import price and some missing features.
Cricket Australia is exploring the possibility of hosting an Ashes Test match in India in the future, following its decision to bring the Big Bash League opener to Chennai. While no immediate plans are in place, CA chief executive Todd Greenberg highlighted strong relationships with the ECB and BCCI and the growing strength of Test cricket involving Australia, England, and India. He acknowledged logistical challenges due to the packed global cricket calendar.
The US Senate has overwhelmingly approved a bill, the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which aims to punish Russia and its major petroleum product buyers, including China and India. The legislation allows the US President to impose 100 per cent tariffs on goods from the top five importers of Russian oil and gas, and also extends sanctions on Iran's energy sector. The bill, championed by the late Senator Lindsey Graham, now moves to the House of Representatives for further approval.
Indian benchmark indices, Sensex and Nifty, closed sharply higher, with the Sensex climbing 1,695.40 points and the Nifty surging nearly 2 per cent, driven by a global market rally and a decline in crude oil prices following US President Donald Trump's declaration that his country has ended the war with Iran.
Indian benchmark indices Sensex and Nifty extended their losses for the fourth consecutive session, with the Sensex declining 363.66 points and the Nifty dipping 126.65 points, primarily due to a sharp jump in Brent crude oil prices to USD 98.32 per barrel amid escalating tensions in West Asia.
Former Italy international Andrea Pirlo has withdrawn from contention for the national team's head coach position after his commercial ties to Russian betting company Fonbet drew significant criticism and opposition from Italian football officials and lawmakers.
'There is no college that can guarantee a Rs 14 lakh per annum (LPA) package,' clarifies rediffGURU Chocko Valliappa.
Iran's Islamic Revolutionary Guard Corps (IRGC) asserted full control over the Strait of Hormuz, claiming two oil tankers turned back after a fire, and warned countries supporting the US against interference in the strategic waterway.
The Indian women's junior squash team secured a commendable fifth-place finish at the World Squash Junior Team Championships in Ontario, defeating England 2-0 in the play-off match.
IIT Madras is hosting the 3rd Digital India RISC-V (DIR-V) Symposium 2026 in partnership with the Ministry of Electronics and Information Technology and RISC-V International. The symposium aims to unite stakeholders from government, industry, and academia to advance India's semiconductor innovation, focusing on indigenous processor technologies, secure computing, hardware innovation, and AI, aligning with the government's vision for India as a global semiconductor hub.
The Jawaharlal Nehru University Students' Union (JNUSU) successfully protested an event featuring an ISKCON representative at the university's central library, leading to its cancellation. The JNUSU cited university rules prohibiting religious organisations from holding events on campus, a concern they had previously raised regarding ISKCON's activities.
The More Than Equal initiative, co-founded by David Coulthard, is actively supporting young female drivers like Alexia Danielsson, 17, who are competing in junior series with the ultimate goal of reaching Formula One, a feat no woman has achieved in 50 years.
Mexico and Argentina's football associations have publicly backed FIFA President Gianni Infantino, despite a significant backlash over his abandoned proposal to sell commercial rights to the World Cup, with other confederations and national bodies expressing strong opposition.
Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.
Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.
Ashish Yadav clinched a silver medal in the men's javelin throw, marking India's first medal at the World Athletics U20 Championships. Pooja Singh also advanced to the women's high jump final, while other Indian athletes competed in various events, including the men's 400m and long jump, showcasing promising talent.
The Central Board of Direct Taxes (CBDT) has released a 198-page guidance note to assist crypto-asset service providers in complying with reporting obligations under the Income-tax Act, 2025, aligning India with the OECD's Crypto-Asset Reporting Framework (Carf) for automatic exchange of tax information.
The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.
Rewari's Kamaljeet, a 22-year-old pistol shooter, is set to represent India at the 20th Asian Games in Aichi-Nagoya, Japan, after an injury ended his athletics dream and he transitioned to shooting in 2019, overcoming financial struggles with strong family and institutional support.
India concluded Day 6 of the Commonwealth Games in ninth position, securing a total of 12 medals, including two gold, seven silver, and three bronze.
