Indian benchmark indices Sensex and Nifty experienced a significant slump, with the Sensex tumbling 719.08 points, driven by escalating West Asian tensions, a sharp rise in crude oil prices, and a global sell-off in technology stocks.
'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'
Homegrown pharma major Cipla Ltd reported a 39 per cent decline in consolidated net profit to Rs 785.55 crore in the first quarter ended June 2026, primarily due to a dip in sales in the North American market and higher expenses.
ICICI Bank has successfully raised $1 billion through a five-year senior unsecured US dollar bond, marking its first public dollar bond issuance since 2017 and the largest single-tranche US dollar bond issuance by an Indian issuer so far this year.
The World Bank has increased India's economic growth projection for FY27 to 6.6 per cent, citing resilient domestic demand, while simultaneously cutting its global economic growth outlook due to the conflict in West Asia.
Indian shooter Sainyam clinched a silver medal in the women's 10m air pistol event at the ISSF World Cup Rifle/Pistol/Shotgun in Hangzhou, marking India's first medal at the competition.
Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
The appointment comes as Agnikul prepares for Mission 02, a flight that will attempt, for the first time on Indian soil, the recovery of an orbital-class rocket booster and the extension of a rocket's upper stage into an on-orbit platform.
Four champions were crowned during the second week of the Esports World Cup in Paris. LYON won the Free Fire title, Team Vitality secured the Mobile Legends: Bang Bang Women's International crown, Dplus KIA emerged victorious in League of Legends, and PVISION triumphed in Dota 2, with several teams also making strides in the Club Championship standings.
Cape Verde coach Bubista expressed immense pride in his team's performance at their first World Cup, despite their 3-2 extra-time loss to three-time champions Argentina in the last-32. He highlighted their draws against Spain and Uruguay, and the character shown by his players, many of whom are not from elite leagues, in taking Argentina to the wire. Bubista emphasised that their World Cup campaign was about showcasing the island-nation's spirit and identity.
The Asian Tour, DP World Tour, and PGA TOUR have announced a significant partnership extending until at least 2029. This alliance aims to enhance commercial and playing opportunities, establish pathways for Asian Tour members, and will see the DP World Tour co-sanctioning events with the Asian Tour again, marking a new era for professional golf globally and a potential setback for LIV Golf.
Foreign Portfolio Investors (FPIs) have withdrawn nearly Rs 43,000 crore from Indian equities in the first week of June, contributing to a total outflow of Rs 2.67 lakh crore in 2026, driven by a global shift towards technology and AI-linked opportunities and persistent rupee depreciation.
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 62,853 crore from Indian equities in the first fortnight of June, bringing the total outflows for 2026 to Rs 2.87 lakh crore, surpassing the entire 2025 figure, driven by geopolitical tensions, global economic growth concerns, and a weakening rupee.
Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.
Indian benchmark indices Sensex and Nifty tumbled nearly 1 per cent for the third consecutive day, driven by a sharp spike in crude oil prices and significant selling in bank stocks, with Brent crude jumping to USD 95.27 per barrel.
From supporting young talents financially to earning global recognition, Indian chess is making its presence felt like never before.
Superstars Madonna, BTS, Justin Bieber, and Shakira delivered a high-energy musical medley during the first-ever halftime show at a World Cup final, a new American-style addition to the tournament.
Brand USA, the destination marketing organisation for the United States, has launched a new social-first series called 'More to Love'. This campaign aims to thank international fans who visited the US during the FIFA World Cup and encourage them to return to explore more of the country's diverse attractions, including its national parks and landmarks. The campaign is being amplified globally, including in India.
Indian fencers Taniksha Khatri and Prachi Lohan have made history by becoming the first Indian women's epee players to qualify for the main table of 64 at the Senior World Fencing Championships in Hong Kong. They advanced through the preliminary rounds and will compete in the direct elimination draw on July 25, marking a significant milestone for Indian fencing.
Andhra Pradesh and Punjab National Bank (PNB) have signed an MoU to establish the PNB Quantum Finance Hub at Amaravati Quantum Valley. This initiative aims to foster innovation and adopt next-generation technologies like AI and Quantum Computing in the banking sector, focusing on cybersecurity, fraud detection, and customer experience.
Investors should do thorough due diligence when selecting a platform.
Sir Garfield Sobers, one of the greatest all-rounders in cricket history and a former West Indies captain, died in Bridgetown, Barbados, on Friday at the age of 89.
The All India Chess Federation (AICF) has disbursed Rs 42.3 lakh in quarterly stipends to 42 promising young chess players across India. This first-of-its-kind initiative aims to alleviate financial burdens, support coaching and travel, and nurture future champions, aligning with a vision to strengthen grassroots chess development.
'Investors spend too much time picking the right mutual fund and too little time choosing the right asset allocation. That's where real wealth is created.'
Skyroot Aerospace successfully launched India's first privately developed orbital rocket, Vikram-1, placing multiple technology demonstration payloads and commemorative items, including a postcard from Prime Minister Narendra Modi, into low Earth orbit, marking a significant entry into the global orbital launch market.
The box office is buzzing with activity as the Hollywood blockbuster The Odyssey makes a superb debut, while the Bollywood comedy Dhamaal 4 continues its successful run.
The failure of the State when it directly affects our lives, through a corrupt exam system, has produced this current anger, points out Aakar Patel.
The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony blending Scottish heritage and a strong message of sustainability. King Charles III declared the Games open, highlighting efforts to combat plastic pollution. The event featured a unique indoor setting, an early athletes' parade including the Indian contingent, and diverse musical and cultural performances, setting a new precedent for the multi-sport event.
Prime Minister Narendra Modi, Defence Minister Rajnath Singh, and Sports Minister Mansukh Mandaviya led the nation in congratulating Olympic medallist Mirabai Chanu for winning her third Commonwealth Games gold medal in Glasgow. Chanu delivered a commanding performance in the women's 48kg category, shattering Commonwealth and Games records. PM Modi also lauded Rishikanta Singh for his silver medal, marking a historic achievement for Manipur.
Indian high jumper Sarvesh Kushare, fresh from setting a new national record of 2.31m, is set to make his debut at the prestigious Diamond League in Monaco. He will compete against top international athletes, including Olympic gold medallist Mutaz Essa Barshim, and is currently ranked joint second globally based on his season's best.
Astronaut Shubhanshu Shukla discusses the Gaganyaan mission and its potential to inspire other nations in space exploration, drawing on his experiences as an IAF test pilot and his time on the International Space Station.
New financial investment funds, including Filmoney Global and CineNow, are entering the 22,000 crore Indian film business, aiming to establish Indian cinema as a new asset class for high-net-worth individuals and institutions, similar to the IPL.
Louis Vuitton has once again designed the bespoke trunk for the FIFA World Cup trophy, marking the fifth consecutive tournament. The luxury travel case, featuring a golden V and the brand's monogram, will transport the coveted prize to the New York-New Jersey stadium. This partnership highlights the growing presence of luxury brands in professional sports, with Louis Vuitton also crafting trunks for Formula 1 and Tiffany & Co. for the Super Bowl trophy.
Racing Bulls driver Arvid Lindblad, who has Indian ancestral roots, attributes the rise of young athletes like Vaibhav Sooryavanshi across global sports to advancements in technology and better access to information from an earlier age.
The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony at the OVO Hydro, blending Scottish heritage with modern performances. King Charles III declared the Games open, emphasising a message of sustainability, particularly regarding plastic pollution in oceans. The event showcased a new, more compact model for the Games, focusing on existing venues and integrated Para sports, following Glasgow's role as a step-in host.
Indian cricket captain Shubman Gill has received a prestigious invitation to watch Wimbledon from the Royal Box, joining an exclusive group of Indian cricketers. He also recently attended his first British Grand Prix as a VIP guest, experiencing two major global sporting events in England.
FIFA President Gianni Infantino has acknowledged the possibility of expanding the World Cup to 64 teams, a move that could significantly alter the sport's economics and logistics, despite opposition from major confederations like UEFA and AFC.
India's teenage sensation Vaibhav Sooryavanshi, at 15 years and 118 days, became the youngest player to score a fifty in men's international cricket, surpassing Sachin Tendulkar's long-standing record.
Indian skipper Shreyas Iyer has expressed confidence in the team's preparations ahead of the T20I series against Zimbabwe, aiming for his first series win as captain. The tour is seen as a crucial opportunity for the team to acclimatise and perform, with young talents like Vaibhav Sooryavanshi and Abhishek Sharma also in the spotlight.
BMW Group India says every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases.
