RBI Deputy Governor Rohit Jain discussed the future of India's foreign exchange markets, highlighting the increasing role of local currencies in cross-border trade, the impact of technology, and existing challenges. He emphasised the need for market evolution to facilitate India's global engagement, absorb shocks, and serve all users efficiently. Jain also addressed concerns about unauthorised forex trading platforms and the importance of customer awareness.
BCCI Vice-President Rajiv Shukla has confirmed that Indian cricketers participating in the upcoming Asian Games in Japan will stay in designated accommodation provided by the Organising Committee, which, while comfortable, will not be five-star hotels due to scarcity in Nagoya. Both BCCI and IOA have addressed the arrangements, ensuring player comfort and suitable facilities.
Foreign Portfolio Investors (FPIs) have injected Rs 16,621 crore into Indian equities during the first half of August, continuing a buying spree driven by improving relative valuations, resilient corporate earnings, and expectations of softer US interest rates.
Analysts predict that crude oil prices and the ongoing US-Iran conflict will be the primary drivers of stock market movements, with investors also closely watching the Jackson Hole symposium for cues on interest rates.
Ahead of President Vladimir Putin's visit to India for the BRICS summit, Russia has expressed support for New Delhi's peace initiatives to resolve the Ukraine conflict. Discussions between Putin and PM Modi will cover defence, energy, technology, and the repatriation of Indian nationals from the Russian military, alongside addressing trade and investment ties.
'Wages have not risen. Rural wages have stagnated. The growth was 0.7 per cent last year. For casual and irregular labour, the wage growth is negative.'
Amidst the widespread devastation caused by Nepal's deadly flash floods, a 60-year-old woman and a Chinese worker have been miraculously survived after days of being trapped, offering a beacon of hope in the ongoing search and rescue operations.
A Gwalior man was fined Rs 5,500 by police after his girlfriend covered his car with 3,400 lipstick marks as a social media stunt. The car, which had been driven around the city, was deemed modified, leading to the penalty under the Motor Vehicles Act. The man was also made to clean the car.
Indian benchmark equity indices extended their losing streak for a fourth consecutive day, with the Sensex tumbling 417 points due to rising crude oil prices and a significant sell-off in IT stocks, impacting overall investor sentiment.
Indian benchmark equity indices, Sensex and Nifty, rebounded in early trade, driven by a recovery in world markets due to easing US Treasury yields and fresh foreign fund inflows, halting a multi-day losing streak. Track Sensex, Nifty on August 20.
Indian benchmark indices, Sensex and Nifty, recovered intraday losses to close higher, driven by late-day buying and a significant decline in Brent crude oil prices, which fell 3 per cent to USD 89.32 per barrel.
The magnificent Kailasa temple stands as a testament to ancient Indian engineering and artistic brilliance, carved meticulously from a single mountain.
Nepal has launched a diplomatic initiative to secure climate-related compensation from major greenhouse gas emitters, asserting that post-disaster assistance for recent deadly flash floods should be viewed as a moral and legal liability, not charity. Foreign Minister Shisir Khanal highlighted Nepal's disproportionate suffering from global warming despite negligible emissions, citing rapid glacier melt and extreme mountain disasters. The country has formally approached the Loss and Damage Fund board for urgent financial aid following a catastrophic flash flood in the Bhotekoshi river basin.
Commerce Secretary Rajesh Agarwal highlighted the critical need for India to diversify its services exports beyond the dominant IT/ITeS and professional services sectors. Speaking at the Global Fintech Fest 2026, he emphasised the vast potential in the global financial services market, where India currently holds a small share, and stressed how fintech solutions, like UPI, can drive growth, reduce remittance costs, and support MSME trade finance, ultimately leading to sustainable economic expansion.
The US Department of Homeland Security has proposed an additional fee of USD 103,265 for all H-1B visa cap-subject applications, including those eligible for the advanced degree exemption. This new fee aims to recover interagency costs for immigration programmes and would be paid in addition to existing fees. The proposal is open for public comments for 30 days and has drawn criticism from immigration advocates.
The All India Football Federation (AIFF) has imposed a national ban on Churchill Brothers FC Goa for player registration, following a directive from the FIFA Disciplinary Committee due to unpaid dues to English forward Kurtis Owen Guthrie. The Goan club, however, claims the matter has been resolved with full payment made and a request sent to FIFA to lift the ban.
Indian benchmark indices, Sensex and Nifty, closed lower on Wednesday, reversing early gains due to profit-taking and weakness in sectors like IT, FMCG, and consumer durables, despite support from lower crude oil prices.
Former CDS Anil Chauhan stated that China poses a long-term and comprehensive challenge to India, with the boundary issue remaining unresolved due to differing perceptions of the Line of Actual Control. However, he emphasised that India's ties with Beijing cannot be solely defined by border disputes, advocating for engagement through platforms like SCO and BRICS. He also highlighted the broader global geopolitical flux and instability in India's neighbourhood as significant security concerns, stressing the need for self-reliance.
India's foreign exchange reserves saw one of their largest weekly expansions, surging by USD 14.136 billion to reach USD 707.002 billion during the week ended August 7, according to the Reserve Bank of India.
A new book, "The River That Remembers: Microbial Intelligence of Nature" by Padma Shri awardee Ajai Kumar Sonkar, claims that the Triveni Sangam at Prayagraj is a unique viral-bacterial laboratory. It suggests that the sacred dips taken by devotees lead to an intense microbial exchange, accelerating phage evolution, especially during events like Kumbh Mela, as diverse human microbiota interact with the river's existing microbiome.
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.
Indian benchmark equity indices, Sensex and Nifty, opened higher on Monday, driven by strong buying in blue-chip stocks like HDFC Bank and Infosys, despite persistent geopolitical tensions and elevated crude oil prices.
Following a devastating blaze in Malviya Nagar that killed 21 people, foreign nationals and other guests have vacated hotels and guest houses on Press Enclave Road due to a lack of food, electricity, and safety concerns. The incident has led to widespread fear and uncertainty, causing many establishments to shut down and residents to seek alternative accommodation.
Former Chief Economic Adviser Krishnamurthy V Subramanian outlines India's strategy to become a USD 55 trillion economy by 2047. The plan hinges on leveraging its young demographic in AI, dominating sunrise sectors like space and defence tech, attracting FDI, and achieving sustained 8% GDP growth.
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.
There is no answer to the question of how IN-SPACe invited EOIs for ISRO's mature rockets and whether it was based on any government policy decision.
Indian benchmark equity indices, the Sensex and Nifty, bounced back significantly, with the Sensex climbing 628 points and the Nifty snapping its seven-day losing streak, driven by easing global bond yields and fresh foreign fund inflows.
External Affairs Minister S Jaishankar stated that India is in continuous dialogue with both Ukraine and Russia, seeking ideas and suggestions to mitigate or cease the ongoing conflict. Following his visit to Kyiv, Jaishankar reiterated India's stance that the war must end through dialogue and diplomacy, emphasising that trade decisions like oil purchases are not the solution to the conflict.
State-run ONGC plans a massive Rs 1 trillion investment in deepwater exploration over the next five years, aiming to drill 87 wells to counter declining domestic crude oil and natural gas production. The company is also establishing a trading firm and its overseas arm, OVL, is pursuing operatorship of assets in Venezuela.
India's Ambassador to the US, Vinay Mohan Kwatra, has clarified that the recent amendments to the Foreign Contribution (Regulation) Act (FCRA) are primarily aimed at enhancing transparency and ensuring accountability in foreign financial flows.
US President Donald Trump on Friday (local time) said the United States could "hit" Iran's heavily fortified underground nuclear site known as Pickaxe Mountain "very soon", days after Washington targeted Iranian military targets.
This week's OTT releases offer a diverse range of entertainment, from a violent spin on the Devdas story in DC to the return of the Dhamaal gang in Dhamaal 4, and the latest intergalactic adventures of The Mandalorian and Grogu.
The death toll from flash floods in central Nepal has surged to 734, with nearly 2,500 people still missing. India has intensified its rescue and relief efforts, sending additional aid, technical teams, and forensic experts, while also working to locate and rescue over 275 missing Indian nationals.
Pakistan is set to host the 14th South Asian Games in April next year across Islamabad, Lahore, and Peshawar, after a six-year delay. While the South Asia Olympic Council has approved the dates and venues, India's participation remains uncertain due to political tensions, despite its representative attending the planning meeting.
'India is trying to project that it can engage with the world in a different way too.'
Indian benchmark indices Sensex and Nifty experienced declines in early trade, influenced by the escalating US-Iran standoff and persistently high crude oil prices, with experts predicting increased volatility.
"When you have more liquidity than good investment opportunities, there is no reason for MFs to sell a winning trade."
Foreign portfolio investors (FPIs) significantly increased their buying in Indian equities during the first half of August, with financial services attracting the largest inflows, reversing previous outflows. The IT sector also continued to see strong interest from overseas investors, driven by a reassessment of valuations and the role of Indian IT firms in AI deployment.
Bangladesh has not yet decided on Prime Minister Tarique Rahman's visit to India for the upcoming BRICS summit, with his office stating that Dhaka is awaiting New Delhi's response to its request for the extradition of deposed prime minister Sheikh Hasina and other 'fugitive criminals' currently residing in India.
Security agencies have uncovered a new operational tactic by terror groups and Pakistan's ISI, who are now using pornography websites and niche encrypted applications to communicate secretly and recruit in Jammu and Kashmir. These platforms, including Tor-based apps and privacy-focused messengers, help them evade surveillance, posing significant challenges for intelligence efforts.
