The United States has sanctioned four India-based companies, including a customs broker and three other firms, for their involvement in importing petroleum and petrochemical products from Iran. This action is part of "Operation Economic Outcast," a broader US campaign to sever Iran's financial lifelines and prevent funding for its destabilising activities.
The US has informed allies it will avoid new military strikes on Iran, instead focusing on economic sanctions and maritime enforcement, particularly in the Strait of Hormuz. This strategic shift aims to intensify pressure on Tehran's economy and oil exports while keeping the military option open if Iran initiates aggression. Diplomatic efforts continue amidst persistent regional tensions and maritime incidents.
An American Boeing C-17A Globemaster III military transport aircraft reportedly landed in Moscow on Monday morning, according to online air traffic monitoring systems, Russian news agency TASS reported.
The fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks.
US President Donald Trump stated that the United States is taking a "low-key" approach towards Iran, focusing on economic pressure rather than military action, amidst ongoing tensions over the Strait of Hormuz. Trump highlighted Iran's worsening economic situation and the impact of the US naval blockade, while negotiations for reopening the Strait remain stalled due to new conditions from Tehran.
Minister of State for Telecom Chandra Sekhar Pemmasani urged BRICS nations to collaborate on building institutional capacity and advocating for fair standards in international telecom and ICT bodies. He highlighted India's willingness to share its modular, open-source digital public infrastructure frameworks like Aadhaar and DigiLocker, emphasising their role in sustainable development and economic growth across the Global South.
Lieutenant General Apti Alaudinov, deputy chief of the Russian Armed Forces' Main Military-Political Department, has warned that the escalating conflict in West Asia could lead to Israel ceasing to exist as a state, accusing Israel of seeking to widen the confrontation to involve the US and NATO.
Gold and silver prices are expected to continue their upward trend next week, driven by anticipation of key US inflation data and Federal Reserve signals, though profit-booking may occur at higher levels.
India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.
India has attracted foreign direct investment (FDI) worth approximately 4,896 crore across 29 projects since May, following the government's relaxation of norms under Press Note 2 of 2026. The revised rules permit investment without government approval from entities with up to 10 per cent non-controlling ownership by land-bordering countries.
Chief Economic Advisor V Anantha Nageswaran has stressed the urgent need for India's financial sector to proactively address the safety and security risks of artificial intelligence, stating that waiting for problems to materialise is not an option.
The rules require nuclear plant operators to maintain an insurance policy, financial security or a combination of both to cover civil liability for nuclear damage.
A Russian missile strike on the ArcelorMittal steel plant in Kryvyi Rih, Ukraine, has resulted in two fatalities and 13 injuries. The attack partially disrupted operations at the country's largest steelworks, owned by Indian billionaire Lakshmi Mittal, damaging key energy and blast furnace facilities. Search and rescue efforts are underway, and the extent of the damage is being assessed.
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.
Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.
Goa has successfully completed its first pilot drone-skilling workshop for 12 women and plans to train 100 women annually under the Goa Drone Didi Training Scheme. This initiative aims to promote drone technology, rural livelihoods, and women-led entrepreneurship, aligning with the Centre's Namo Drone Didi programme.
FICCI FLO and UP BJP MLA Rajeshwar Singh are collaborating to train 100 women as 'drone pilots' in Lucknow. This initiative aims to provide employment and entrepreneurship opportunities in the burgeoning drone economy. The announcement was made at an event where MLA Singh also highlighted his efforts in public grievance redressal and establishing women's empowerment centres in his constituency.
A government adviser has called for India to reintroduce a petrol variant with a lower ethanol blend, such as E10, alongside the current E20 fuel. This move aims to protect millions of older vehicles, particularly two-wheelers, which may experience performance issues and damage from the higher 20 per cent ethanol blend.
Telangana Chief Minister A Revanth Reddy's planned visit to the United States has been denied political clearance by the Ministry of External Affairs (MEA), citing non-conformity with laid down norms, forcing him to cancel the US leg of his 'TelanganaRising' delegation tour and return to Hyderabad earlier than planned.
Foreign Secretary Vikram Misri held extensive discussions with China's Vice Foreign Minister Hua Chunying and other senior officials in Beijing, reviewing bilateral relations, trade, cultural exchanges, and emphasising peace and tranquillity in border areas. His visit aims to advance the vision of both nations as development partners.
Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
US President Donald Trump has indicated that 'a lot of progress' has been made regarding Iran, suggesting that Tehran has reached out for talks and that developments could become clearer within 48 hours.
A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.
Jharkhand has partnered with CSC eStore to create a digital marketplace for products made by women's self-help groups (SHGs). This initiative aims to expand market access, boost income for rural women, and strengthen the rural economy through e-commerce and digital governance. The state also plans to extend Aadhaar services to all panchayats by November 15.
BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.
'I've seen a lot of meetings over the years, but this was the first time I've seen the deputy chief minister and the industries minister sit through something like this with 200 to 300 industrialists, local residents and politicians from both the ruling side and Opposition, all in the same room.'
The West Bengal government has revoked the Banga Bibhushan award from Rajya Sabha MP Ananta Maharaj following his controversial remarks describing Netaji Subhas Chandra Bose as a 'war criminal' and questioning the Azad Hind Fauj's role in India's freedom struggle.
As many as 274 fugitives have been repatriated from 36 countries in the last 7 years, an average of around 40 per year and a 10-fold jump from the 2004-13 period when around four fugitives were brought back every year, the government said on Tuesday.
A parliamentary panel has strongly recommended that the Indian government appoint a dedicated 'polar ambassador' to enhance its strategic engagement and diplomatic influence in the critical Arctic and Antarctic regions, aligning with global trends and India's growing focus on polar affairs.
The Comptroller and Auditor General (CAG) has identified significant financial irregularities in the Maharashtra government's flagship Ladki Bahin scheme, including an excess expenditure of Rs 3,541.16 crore and the parking of Rs 15,586 crore in Virtual Personal Deposit Accounts (VPDAs) without immediate need. The report highlights deficiencies in budget estimation and financial management, recommending realistic fund assessments and strict adherence to expenditure needs.
Prime Minister Narendra Modi is set to meet secretaries of key Union ministries and departments to review their performance, focusing on ease of living, ease of doing business, and 'Atmanirbhar Bharat' initiatives, amidst strong speculation of an impending Cabinet reshuffle.
The US Central Command announced a new wave of strikes against Iranian military infrastructure, aiming to degrade Tehran's ability to threaten civilian mariners and commercial vessels. This comes as US President Donald Trump described the situation as a 'skirmish' and suggested Iran wants to 'make a deal,' while Iran's Foreign Minister warned of a 'decisive response' to any aggression.
The United States has implemented a 10 per cent tariff on goods imported from India and 16 other countries, citing efforts to combat forced labour in production.
The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.
The Directorate of Revenue Intelligence has conducted a nationwide crackdown on wildlife trafficking, seizing over 440 endangered animals and 15 kg of ivory, and arresting 33 individuals involved in organised crime syndicates.
A NITI Aayog report outlines India's potential to scale its bioeconomy to USD 691 billion by 2035 and USD 2.6 trillion by 2047, creating over 30 million high-value jobs. The report stresses the need for coordinated national execution, regulatory reforms, a strengthened talent pipeline, and a significant BioEconomy Growth Fund to achieve this vision, positioning India among the top biotechnology powers globally.
The Centre for Studies of International Relations (CSIR) has established the International Centre for Civilizational Studies "Manas and Mahabharata" in Bishkek, Kyrgyzstan, in collaboration with the Manas National Academy. The inauguration also saw the release of the first Hindi translation of the Kyrgyz epic "Manas," aiming to foster scientific, educational, and cultural cooperation between India and Kyrgyzstan.
The Congress escalated its campaign against alleged examination irregularities by marching to Prime Minister Narendra Modi's residence, transforming the issue into a direct challenge to his political authority and demanding the resignations of top government officials.
S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.
A new report by child rights NGO CRY reveals that nearly seven in every 10 school-going children across India missed school or routine activities from May to June this year due to extreme heat, with 76 per cent reporting negative impacts on their ability to focus on studies.
