A foreign brokerage warns that sustained crude oil prices above USD 100 per barrel could push India's inflation above the RBI's tolerance level, potentially triggering interest rate hikes.
The global artificial intelligence (AI) boom has significantly reshaped equity markets, with Taiwan surpassing India to become the world's fifth-largest stock market. India has seen its market capitalisation decline by 7% year-to-date, while AI-linked economies like Taiwan and South Korea have surged.
India is developing legislation to criminalise the trafficking and administration of performance-enhancing drugs to athletes, aiming to combat doping and uphold sports integrity.
India's forex reserves dropped by $2.18 billion to $697.79 billion during the week ended October 10, according to the Reserve Bank data released on Friday. In the previous reporting week, the overall kitty had decreased by $276 million to $699.96 billion.
Tata Sons chairman N Chandrasekaran has announced an investigation into allegations of sexual harassment and forced religious conversion at TCS's Nashik branch, calling the claims 'gravely concerning'.
India significantly increased its crude oil imports from Russia and the United Arab Emirates in June, securing supplies as the Strait of Hormuz began to reopen, with Russian barrels remaining attractive due to discounts and UAE supplies offsetting earlier uncertainties.
India's forex reserves fell by $276 million to $699.96 billion during the week ended October 3, according to RBI data. In the previous reporting week, India's forex reserves had dropped by $2.33 billion to $700.24 billion.
India's forex reserves increased by $4.496 billion to $702.28 billion for the week ended October 17, as the value of gold reserves rose further, the RBI said on Friday.
IT services major Wipro on Friday reported a 7 per cent decline in consolidated net profit to Rs 3,119 crore in the third quarter of FY26, weighed by a one-time provisional impact of Rs 302.8 crore due to the implementation of new Labour Codes.
World Anti-Doping Agency President Witold Banka is in India to discuss the implementation of effective anti-doping measures with sports minister Mansukh Mandaviya and other officials, following concerns about India's high doping numbers.
World Anti-Doping Agency (WADA) President Witold Banka is in Delhi for discussions with NADA officials regarding India's increasing doping cases. He is expected to address the issue in a press conference.
Google has removed the messaging app Telegram from its Play Store in India, with Apple expected to follow, in compliance with a government order aimed at preventing paper leaks during the upcoming NEET-UG re-examination on June 21. The government has also directed Telegram to temporarily disable its message-editing feature until June 30.
A delegation led by Commerce and Industries Minister Piyush Goyal will visit the United States for trade talks on September 22, the commerce ministry said on Saturday.
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.
A recently finalised peace deal between the US and Iran, set to be signed on June 19, is expected to significantly benefit India's economy by boosting exports to West Asia, stabilising the rupee, and easing inflationary pressures, according to exporters and experts.
The government on Tuesday brought in stricter obligations for online platforms on handling AI-generated and synthetic content, including deepfakes, saying platforms such as X and Instagram must take down within three hours any such content flagged by a competent authority or courts.
India's forex reserves dropped by $396 million to $703 billion for the week ended September 19, according to the RBI data. In the previous reporting week, the overall reserves had jumped by $4.7 billion to $703 billion.
The Indian rupee weakened against the US dollar due to sustained foreign fund outflows and uncertainties in West Asia, although lower crude oil prices and a positive opening in domestic equity markets limited the losses.
Proposed amendments to the National Anti-Doping Act in India could significantly alter enforcement procedures, granting officers greater authority to search and detain individuals suspected of involvement with banned substances.
Commerce and Industry Minister Piyush Goyal announced that a US team is expected to visit India next month for trade talks, following an earlier Indian delegation's visit to Washington, DC, in April to finalise an interim pact and advance negotiations for a broader bilateral trade agreement.
India's eight core infrastructure sectors experienced a slowdown in production growth, reaching a two-month low of 4% in January. Crude oil and natural gas output declined, while refinery products remained flat. Overall growth for the April-January period was also lower compared to the previous fiscal year.
Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike -- a disruption that has led to a cut in supplies to Indian industry by up to 40 per cent, sources said.
The India AI Impact Summit 2026 saw investment pledges of USD 240 billion from major players like Reliance, Adani, Google, Lightspeed Ventures, and Tata, signalling a significant boost to India's AI infrastructure and development.
Indian IT stocks have seen a significant decline of up to 33 per cent year-to-date in 2026, largely due to artificial intelligence (AI) disrupting traditional outsourcing models, leading analysts to predict a challenging FY27 for the sector despite some cushion from rupee depreciation.
Indian refiners are recalibrating their crude sourcing strategy due to supply disruptions in West Asia, leading to Venezuela and Brazil emerging as top five suppliers in April, replacing traditional sources like Iraq and the United States.
The Madhya Pradesh government has formed a committee to monitor gas and oil supplies amid concerns over the West Asia crisis, assuring citizens that there are adequate stocks and no need to panic. The government is also working to ensure the safe return of Indian citizens from Gulf countries.
The family of a teenage girl critically injured in a school shooting in Canada has filed a civil lawsuit against artificial intelligence company OpenAI, alleging that its chatbot ChatGPT had prior indications that the attacker was planning a mass shooting.
India's newly formed Artificial Intelligence Governance and Economic Group (AIGEG) is set to advocate for a unified legal framework for AI companies, including developers of large language models and chatbot systems, alongside broader operational rules.
NTT DATA and Ericsson have announced a multi-year partnership to promote the adoption of private 5G networks and develop advanced edge AI applications for enterprises.
India and the United States have reviewed progress on a proposed interim bilateral trade agreement, discussing market access, digital trade, and non-tariff barriers, as they race to finalise a deal before a temporary 10 per cent US tariff regime expires on July 24.
The Supreme Court has dismissed an appeal by Byju Raveendran, upholding the NCLAT's decision to reinstate the original Committee of Creditors (CoC) in Think & Learn Private Ltd's insolvency proceedings, which includes Glass Trust Company LLC as a major lender.
India's forex reserves jumped $4.7 billion to $702.97 billion for the week ended September 12, the Reserve Bank of India said on Friday. In the previous reporting week, the overall reserves had increased $4.04 billion to $698.27 billion.
India's forex reserves dropped $4.39 billion to $690.72 billion for the week ended August 22, the Reserve Bank of India (RBI) said on Friday. The overall reserves had jumped $1.49 billion to $695.11 billion in the previous reporting week.
Brent crude prices surged sharply on Monday, rising by more than 25 per cent to $116.5 per barrel, amid the ongoing conflict in West Asia, which has made crude prices bullish.
Industry experts and the India Energy Storage Alliance (IESA) advocate for a unified framework to address the significant supply gap in domestic cell manufacturing, crucial for enhancing India's energy storage capabilities and reducing reliance on imports.
Russia and China vetoed a Bahrain-backed UN resolution aimed at reopening the Strait of Hormuz. A resolution that was already diluted to secure their abstentions.
The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.
The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.
Private-sector oil refiner Reliance Industries Limited (RIL) last week received a general licence from the United States (US) government to buy Venezuelan oil, an industry executive said.
The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.
