Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.
Indian Olympic Association president P T Usha has voiced strong objections to the Aichi-Nagoya Asian Games organisers' decision to forgo a conventional Athletes Village, opting instead for dispersed accommodation including a cruise ship. Usha, a former Asian Games athlete, highlighted the importance of a centralised village for athlete interaction and expressed concerns about logistical challenges and venue distances. She believes the traditional village system will endure despite this experiment and shared her excitement for India's performance and future hosting ambitions.
The Reserve Bank of India (RBI) has proposed a standard operating procedure (SOP) for banks to implement temporary debit holds on accounts or transactions suspected of being involved in money-mule activity and cyber-enabled financial fraud, with a maximum duration of 60 days.
India's shooting campaign at the Asian Games faced a setback as Elavenil Valarivan and Parth Mane finished fourth in the 10m air rifle mixed team final, extending the country's wait for a gold medal. Despite strong qualification, the Indian pair struggled in the final, while China secured gold with a world record. This follows other near-misses for India, highlighting the intense competition and the need to convert strong starts into medals. The focus now shifts to upcoming events, including Manu Bhaker's participation.
India's deposit growth has reached a 15-year high of 17.8 per cent, primarily driven by a surge in foreign currency non-resident (bank), or FCNR(B), deposits. This influx of funds is expected to lead to a softening of corporate loan rates as banks seek to deploy their excess liquidity.
A trade body in Jharkhand, FJCCI, has urged the Union Finance Minister to withdraw the proposed 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 for merchants. The body argues that this charge will significantly increase operating costs for businesses, especially MSMEs and retailers, who rely on the current zero-MDR regime for digital payments.
Indian shuttler Isharani Baruah has advanced to the women's singles final of the Vietnam Open Super 100 tournament after defeating compatriot Rakshitha Sree Santhosh Ramraj. However, fellow Indian Tanvi Sharma and HS Prannoy were eliminated in their respective semifinals.
India's Asian Games campaign saw its medal tally rise to 17 with strong performances in athletics, wushu, kabaddi, and hockey, despite some disappointments in shooting, boxing, and gymnastics. The mixed 4x400m relay team secured silver, while Seema won bronze in 10,000m. Wushu player Roshibina Devi claimed silver, and rowers added a bronze. Kabaddi and men's hockey teams continued their unbeaten runs, advancing to later stages.
Jay Meena, once a mischievous schoolboy rusticated for a prank, has made history by winning India's first-ever Asian Games medal in soft tennis. His journey from a troubled youth to a bronze medallist at the Aichi-Nagoya Asian Games is a testament to destiny and the guidance of his coach. Meena hopes his achievement will boost the sport's profile in India and pave the way for its inclusion in future events like the Commonwealth Games.
Indian stock market investors are closely monitoring crude oil prices, geopolitical developments in West Asia, and the implications of the US Sanctioning Russia and Iran Act, which could impose tariffs on countries, including India, that purchase Russian crude.
Did love make Bhagat Singh a weaker revolutionary? In a heated argument once, Sukhdev accused him of allowing his fascination with a woman to come in the way of revolutionary duty. Bhagat Singh's answer, in a letter days later, was a defence of love as a revolutionary's strength, not a weakness. On Bhagat Singh's 119th birth anniversary, Utkarsh Mishra looks at the friendship, arguments and ideas that bound him and Sukhdev together.
Subbaraman Vijayalakshmi, India's first female International Master and Women's Grandmaster, asserts that India is the strongest chess-playing nation globally and will only grow stronger. She highlights Chennai's pivotal role in this revolution, crediting pioneers like Manuel Aaron and Vishwanathan Anand, and expresses confidence in the next generation, including Gukesh and Vaishali. Vijayalakshmi also reflects on her own career, a near-miss men's GM title, and her plans for a comeback after a personal tragedy.
From Tumbbad to Kantara, these folklore-fuelled films prove Indian cinema has plenty of strange, spooky and spectacular myths to bring to the big screen.
Cricket giants India are set to play a historic one-off T20 International against Japan in Sano, a match seen as a pivotal moment for the sport's growth in the baseball-dominated country, coinciding with celebrations of 75 years of India-Japan diplomatic relations.
India's men's recurve and compound teams clinched twin gold medals at the World Archery Para Series (Stage III) in Ahmedabad.
China has made a strong start at the Aichi-Nagoya Asian Games, with teenage swimmer Yu Zidi setting a new Games record and Olympic champion Pan Zhanle defending his title.
Pacer Tess Flintoff's exceptional four-wicket haul dismantled India A's batting line-up, leading Australia A to a comfortable six-wicket victory in the opening match of the women's unofficial T20I series.
Their stories will go unheard, filed somewhere in the banal footnotes of history. Unwritten, untold, undocumented, notes Binu Alex.
Indian badminton prodigy Tanvi Sharma has secured her spot in the women's singles final of the Taipei Open Super 300 after a dominant straight-game victory. The 17-year-old will now compete for the title, continuing her impressive rise in the international badminton circuit.
A member of the National Traders' Welfare Board (NTWB) has urged the central government to withdraw its decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective from October 15. He warned that the new charge, which will be borne by merchants, could negatively impact business growth and lead to higher prices, contradicting the government's 'ease of doing business' policy.
Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.
India's Quimcy Joaquim Dsouza has reached the women's singles semifinals in Teqball at the Asian Games, putting her one win away from securing the country's first-ever medal in the sport. She topped her group after defeating Japan's Yuina Sakamoto and Cambodia's Koemyean DY. The Indian mixed doubles pair of Quimcy and Mohammed Anas Imran Beg also remain in contention for a medal through the repechage round despite an earlier quarterfinal loss. Teqball is making its debut at the Asian Games.
The Indian men's badminton team secured a medal at the Asian Games by defeating Japan 3-0 in the quarterfinals, highlighted by Lakshya Sen's incredible comeback victory. While the men celebrated, the women's team exited the tournament after a 1-3 loss to Japan.
A study by the Wildlife Institute of India in the Asola-Bhatti Wildlife Sanctuary reveals that abandoned mining areas have become the most bird-rich habitat, supporting 46 species. These former quarries, now featuring diverse scrub, grassland, rocky patches, and water pools, demonstrate nature's recovery after human disturbance ceased, highlighting the importance of habitat diversity for conservation.
Indian benchmark indices, Sensex and Nifty, closed nearly flat on Thursday, influenced by the US Federal Reserve's interest rate hike and indications of further monetary tightening. Despite some intraday gains, caution prevailed, with foreign institutional investors continuing to offload equities. Meanwhile, the National Stock Exchange of India's (NSE) mega initial public offering opened for subscription, garnering 39 per cent subscription on its first day.
World champion D Gukesh's live rating has slipped below 2700 after the first two rounds of the 46th Chess Olympiad in Samarkand, Uzbekistan. The Indian men's team, defending champions, had an average start with two unconvincing wins, while the Indian women's team performed better against weaker opposition. Gukesh's rating drop comes ahead of his world title challenge against Javokhir Sindarov in November.
Barcelona captain Raphinha scored two goals, leading his side to a resounding 5-1 victory over Feyenoord in their opening Champions League fixture. Meanwhile, Ermedin Demirovic's hat-trick secured a 3-1 win for VfB Stuttgart against Viking Stavanger.
EPF wage ceiling rising to Rs 25,000 could increase employer statutory contributions by Rs 1,200 monthly per employee.
Tata Trusts, the majority shareholder of Tata Sons, has stated its firm opposition to the holding company's public listing, revealing that the Tata Sons board will meet again to explore all available alternatives to listing.
India's junior men's hockey team began their AHF Junior Men's Asia Cup title defence with an overwhelming 14-0 victory against Indonesia in their opening Pool A match. Prabhdeep Singh scored five goals, while captain Anmol Ekka added four and Ajeet Yadav contributed a hat-trick, showcasing India's strong attacking prowess.
East Bengal FC squandered a two-goal lead against Jordanian champions Al Hussein SC, settling for a 2-2 draw in their AFC Champions League Two Group D opener.
Barcelona secured a resounding 5-0 victory over hosts Valencia in their LaLiga clash, maintaining their perfect start to the new season. Fermin Lopez was instrumental with a goal and two assists, while Lamine Yamal scored twice, and Raphinha and Pedri also found the net. The win puts Barcelona at the top of the LaLiga table with 12 points from four games.
England secured a dominant six-wicket victory over Sri Lanka in Cardiff, clinching the T20 series 2-0. Jos Buttler made history by becoming the first player to reach 15,000 career T20 runs, while Liam Dawson's three-wicket haul and Tom Banton's unbeaten fifty guided England to an easy win.
England captain Joe Root has surpassed Indian legend Sachin Tendulkar's record for the most half-centuries in Test cricket, achieving his 69th fifty during England's eight-wicket victory over Pakistan.
Wicketkeeper-batter Ishan Kishan sustained a back sprain during India's net session in New Delhi after being hit by a short delivery from Navdeep Saini. The injury forced him to leave practice, and his fitness will be assessed over the next 24 hours, raising concerns for the team.
Defending champions India, led by captain Anmol Ekka's two goals and goalkeeper Vivek Lakra's crucial saves, defeated Malaysia 3-1 in the AHF Men's Junior Asia Cup semi-final. India will now compete for their fourth consecutive and sixth overall title against the winner of the Pakistan vs South Korea match.
Japan's cricket captain Kendel Kadowaki-Fleming and all-rounder Charlie Hara-Hinze believe the upcoming historic T20 match against India on September 22 can serve as a crucial springboard for the sustained growth of cricket in Japan, a country traditionally dominated by baseball.
East Zone were crowned Duleep Trophy champions after the final against South Zone ended in a draw in Chennai, with their first-innings lead proving decisive.
The Asian Games in Nagoya, Japan, are set to feature top athletes across various disciplines. This preview highlights key contenders like swimmers Pan Zhanle, javelin throwers Haruka Kitaguchi and Arshad Nadeem, badminton star An Se-young, gymnastic sensation Carlos Yulo, tennis prodigy Alexandra Eala, and the formidable Indian cricket teams, all poised to make a significant impact.
Dabang Delhi TTC defeated PBG Pune Jaguars 10-5 to secure the final semifinal spot in the Ultimate Table Tennis (UTT) tournament. Maria Xiao and captain Sathiyan Gnanasekaran were key performers, leading Delhi to a clash against unbeaten Dempo Goa Challengers.
