NPCI International and Uzbekistan's NIPC have partnered to enable UPI payments across Uzbekistan, allowing Indian tourists, business travellers, and students to make instant merchant payments using the UZQR code. This agreement, approved by RBI and CBU, integrates UPI with Uzbekistan's national payment system, HUMO, facilitating direct P2M payments from Indian bank accounts and reducing reliance on foreign exchange or international cards.
The challenge for India lies in navigating complex landscape to its best advantage. The BRICS Summit will test its navigation skills, asserts former foreign secretary Shyam Saran.
Nandni Sharma surged 38 places after her three-wicket haul against Thailand, while Chamari Athapaththu reached career-best ratings in batting, bowling and all-round performance.
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.
The BRICS grouping adopted a consensus joint declaration in New Delhi, successfully navigating differences on the West Asia conflict but notably omitting any direct mention of US strikes on Iran or Iranian military attacks on Gulf Arab nations. The declaration also criticised Israel's actions in Gaza and called for a concerted approach against terrorism.
For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.
India batter Yashasvi Jaiswal and Sri Lanka bowler Asitha Fernando have been fined 25 per cent of their match fees and received one demerit point each for 'inappropriate physical contact' during the second Test in Colombo.
Unified Payments Interface (UPI) transactions in India reached Rs 29.8 lakh crore in August, approaching record levels. Volume also hit a new high of 24.51 billion transactions, driven by festive activities like Raksha Bandhan. The digital payment system continues its rapid growth, expanding its global presence to 11 countries, with further growth anticipated during the upcoming festive season and new use cases like credit on UPI.
Manchester City secured a narrow 1-0 victory over promoted Coventry City in the Premier League, maintaining their perfect start to the season despite a significant spending spree. Other matches saw Crystal Palace claim their first win against Fulham, while Newcastle United, Tottenham Hotspur, Brighton, Leeds, Brentford, and Sunderland all played out draws. Several teams, including Coventry and Fulham, remain without points after three games.
The Indian senior men's football team will play an international friendly against Panama at the Sree Kanteerava Stadium in Bengaluru on September 26. This match against a FIFA World Cup-playing nation will be a significant test for the Blue Tigers, marking their return to Bengaluru after their SAFF Championship 2023 victory.
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.
Sports Minister Mansukh Mandaviya will chair a two-day meeting of BRICS Sports and Youth Ministers in Visakhapatnam, aiming to strengthen cooperation in youth affairs and sports, with a focus on sports manufacturing, indigenous disciplines, and youth development.
Arsenal commenced their Premier League title defence with a commanding 3-0 victory over newly-promoted Coventry City. Goals from Kai Havertz, Bukayo Saka, and Martin Odegaard secured the win, showcasing Arsenal's intent for the season.
Non-resident Indians are increasingly investing in luxury homes in India, driven by geopolitical uncertainties, particularly the Iran war. This trend is observed across major cities like Mumbai, Bengaluru, and the National Capital Region, with developers noting a significant rise in NRI pre-sales. While some see it as a temporary shift, others believe India is becoming a stable, long-term investment destination for NRIs, especially those from West Asia.
'In the current environment, India is effectively paying a premium for supply security and diversification.'
USA player Bodugum Akhilesh Reddy has been banned from all cricket for eight years by an ICC Anti-Corruption Tribunal for breaching three counts of the ICC Anti-Corruption Code, including attempting to fix matches in the Abu Dhabi T10 2025.
Harmanpreet Kaur says a winning culture is taking shape in the Indian women's cricket team as they prepare for the Asia Cup and Asian Games.
Arsenal teenager Max Dowman made Premier League history by scoring at 16 years and 73 days in a 2-0 win over Everton, becoming the youngest scorer in the competition.
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.
Arsenal begin their Premier League title defence as the hunted, facing heightened expectations and a reshaped league featuring new managers, major departures and ambitious rivals challenging their supremacy.
Former India and Karnataka pacer R Vinay Kumar has been appointed as the head coach for the Karnataka state cricket team, replacing Yere Goud. Kumar, who previously led Karnataka to multiple domestic titles, will aim to bring more silverware to the team, with Deepak Chougule and Mansur Ali Khan joining him in the coaching staff.
Six Arab football federations, including 2030 World Cup co-host Morocco and Qatar, have publicly declared their "full support" and "confidence" in FIFA President Gianni Infantino. This backing comes as Infantino faces significant backlash and withdrawals of support from European and Oceania federations over his failed $20 billion private investment plan for the World Cup, highlighting a growing schism within global football governance.
Former US President Donald Trump has issued a stern warning to Iran, stating that "nothing will get through" unless a deal or "total surrender" is achieved, amid escalating tensions and conflicting reports on direct negotiations.
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.
Donald Trump stated that Iran has been given a "last chance" to reach an agreement, revealing that the US paused a planned military strike after receiving requests from Saudi Arabia, the UAE, Qatar, and Iran to pursue diplomacy instead.
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.
Andrea Pirlo's potential appointment as Italy's head coach is facing significant political opposition due to his commercial ties as a global ambassador for Russian betting company Fonbet, with Italian parliamentarians and football federation figures expressing concerns.
India pacer Gurnoor Brar received a warning and a demerit point for an "inappropriate and dangerous" throw during the first ODI against England in Birmingham, breaching the ICC Code of Conduct. He admitted the Level 1 offence, which occurred in the eighth over of England's innings.
Two Pakistani nationals, Farah Naz and her son Mohammed Fardeen, have been arrested in Karnataka's Chikkaballapura district for allegedly obtaining a ration card and voter identity card by concealing their nationality. The arrests followed an inquiry that revealed Farah Naz, married to an Indian national, and her son, born in Pakistan, had acquired these documents illegally. Both cards have since been cancelled, and a criminal case has been registered under various acts.
Navi Mumbai International Airport (NMIA) has officially commenced its international flight operations with an Air India Express service to Abu Dhabi, marking a significant boost in connectivity for the Mumbai Metropolitan Region and establishing a new global gateway.
An Indian crew member was killed and six other Indian nationals were among eight injured when Iranian cruise missiles struck two UAE tankers, Mombasa and Al Bahiyah, in the Strait of Hormuz, escalating regional tensions and drawing strong condemnation from the UAE.
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.
Indian Hotels Company (IHCL) reported a 20.8 per cent year-on-year rise in net profit for Q1 FY27, reaching 357.9 crore, despite macroeconomic headwinds like geopolitical tensions in West Asia impacting international travel and airline catering business.
US President Donald Trump has unveiled a newly refurbished Boeing 747-8i, previously owned by Qatar, which will serve as the new Air Force One. This luxury jet, featuring a red, white, and navy blue livery, replaces the older aircraft and will act as a "bridge" until new planes from Boeing are delivered by 2028. The aircraft underwent significant security modifications and is set to begin commissioning flights soon.
India has condemned an attack on a Cyprus-flagged commercial vessel off the coast of Oman, which resulted in one Indian crew member going missing. The incident occurred amidst escalating hostilities between Iran and the US in West Asia, prompting India to call for immediate de-escalation and an end to targeting commercial shipping in the region.
IBS Group has launched Naviq Technology, an artificial intelligence company dedicated to the global travel industry, backed by a substantial USD 500 million investment over the next five years. The new venture aims to partner with major travel players to drive business transformations, modernise operations, and leverage AI for new revenue streams, with plans for significant job creation in India.
Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.
Gold and silver are expected to remain volatile with a corrective bias as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices, and inflation data, which could reshape expectations for global interest rates, according to analysts.
State-run Oil and Natural Gas Corporation (ONGC) has approved the development of a 1.75 million tonnes (mt) strategic petroleum reserve (SPR) in Mangaluru, a project deemed of national importance, with plans for broad commercial utilisation.
Indian rugby player Sumit Kumar Roy highlights the critical role of international exposure and the Rugby Premier League in the team's recent success, including a silver medal in Asia's top rugby sevens competition. The team aims for the 2030 Commonwealth Games and 2036 Olympics, learning from global players and focusing on discipline. Uruguay's Diego Ardao also emphasizes the need for skilled coaches and dedicated players to develop the sport in India, acknowledging the nation's vast potential despite the long road ahead for Olympic aspirations.
