After four consecutive months of withdrawals, Foreign Portfolio Investors (FPIs) injected Rs 20,200 crore into Indian equities in July, driven by attractive valuations, improving corporate earnings, and a more favourable global environment.
Indian benchmark indices Sensex and Nifty saw declines in early trade, primarily due to elevated crude oil prices stemming from the unresolved geopolitical situation in the Strait of Hormuz. Analysts suggest that while global sentiment improved slightly after a benign US inflation report, the ongoing US-Iran standoff continues to exert pressure on domestic equities. Track Sensex, Nifty on August 13.
Indian chess players Vignesh Vermula and Saranya Devi secured gold medals in the Open and Girls blitz sections respectively at the Asian Junior Chess Championship, marking a strong start for the nation. Vermula, a 23rd seed, won on tie-breaks, while Saranya, seeded ninth, displayed tactical precision to claim her title.
India's foreign exchange reserves increased by USD 6.118 billion, reaching USD 682.354 billion for the week ending July 24, according to the Reserve Bank of India.
Bangladesh has requested India to create a "conducive environment" for Prime Minister Tarique Rahman's potential visit to New Delhi for the BRICS summit, linking it to their demand for the extradition of former prime minister Sheikh Hasina. This comes amidst strained relations following Hasina's media interaction in New Delhi, which Bangladesh deemed offensive, and her subsequent death sentence in absentia for "crimes against humanity." India maintains that the extradition request is under examination and that it had no role in Hasina's media event.
An Overseas Citizen of India (OCI) cardholder from the UK has been booked by Pune Police for allegedly attempting to induce people to convert to Christianity. The individual is accused of using religious gatherings to spread misconceptions about Hindu traditions and make superstitious claims to attract followers, violating the Immigration and Foreigners Act 2025 and the Maharashtra Freedom of Religion Act, 2026.
Iran has strongly rejected former US President Donald Trump's assertion that the Strait of Hormuz is 'NEW U.S. TERRITORY', with top officials warning that his 'delusions' would be 'corrected' and highlighting the gap between Washington's claims and its actual influence over the strategic waterway.
The administration has sounded a high alert in Maharajganj and Kushinagar districts of Uttar Pradesh, while stepping up the monitoring of the Gandak and other water bodies downstream of rivers in Nepal, following devastating flash floods in the neighbouring country that have killed more than 350 people and left thousands missing.
As devastating flash floods swept through parts of Nepal, triggered by torrential rains and a surge in the Bhote Koshi River, Nepali residents and workers in Delhi spent Wednesday anxiously trying to reach family and friends back home, with reports of deaths and hundreds missing causing widespread worry.
Gujarat Police have arrested 13 additional individuals, including a man from Madhya Pradesh identified as Anand Chhandi, for their involvement in the Bhavnagar hooch tragedy that claimed 13 lives. Chhandi is accused of playing a significant role in manufacturing the methanol-laced spurious liquor and procuring chemicals, bringing the total arrests to 27.
Nepali Prime Minister Balendra Shah held his first one-on-one meeting with Indian Ambassador Naveen Srivastava, signalling a shift towards direct diplomacy after previously preferring group interactions. The discussion focused on strengthening bilateral ties, development partnerships, and mutual interests between India and Nepal.
'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'
China has declared India's move to identify 27 places in Arunachal Pradesh by their standard names as "illegal, null and void," reiterating its claim over the region it calls Zangnan. India has consistently rejected China's renaming attempts, asserting Arunachal Pradesh as an integral part of India.
Villages along the Uttar Pradesh-Bihar border are on high alert following devastating flash floods in Nepal, with authorities monitoring the Gandak River for potential downstream surges and the NDRF deploying 20 teams for preparedness.
Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.
Indian benchmark indices closed mixed, with the Sensex gaining 113.61 points to 78,079.96 and the Nifty falling 40.10 points to 24,395.85, as elevated crude prices and ongoing geopolitical uncertainty in the Middle East made investors cautious.
Private banks in India are aggressively mobilising Foreign Currency Non-Resident (Bank), or FCNR(B), deposits by raising interest rates and using website countdowns, as the Reserve Bank of India's swap window is set to close on August 31, earlier than initially planned.
Sri Lankan police have arrested over 600 foreigners, including Indian nationals, this year for involvement in cybercrime operations, highlighting the country's vulnerability to international syndicates.
Pakistan's chief selector Samiullah Khan believes a draw against arch-rivals India will be crucial for the national hockey team to advance past the group stage in the upcoming World Cup in Belgium and the Netherlands. Pakistan, participating after an eight-year hiatus, has announced a 20-member squad, with foreign coaches assisting the team.
Bangladesh has stated there is "no rush" for Prime Minister Tarique Rahman's visit to India, emphasising that Dhaka will not compromise its national interests. State Minister Humaiun Kobir indicated the visit would occur after sufficient bilateral progress. The visit is crucial for mending India-Bangladesh ties, which have been strained, particularly following the ouster of former PM Sheikh Hasina and Bangladesh's subsequent extradition request.
Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.
India has successfully manufactured and test-fired its first fully indigenous AK-203 assault rifle, named 'Sher', at the Korwa facility in Uttar Pradesh, marking a significant milestone in defence self-reliance with 100 per cent Indian components.
'Improved law and order and transparent governance have helped change UP's investment image.'
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.
The Supreme Court has urged the CBSE to reconsider the implementation of its three-language policy for Class 9 students, emphasising that children should not be subjected to undue pressure. The court highlighted concerns about infrastructure, the starting point of the policy, and the definition of 'native' languages.
US President Donald Trump has signed two executive orders aimed at cracking down on 'birth tourism' and limiting eligibility for birthright citizenship, weeks after the Supreme Court rejected a similar directive.
'Being the defending champions certainly gives us confidence, but every Olympiad is a new event and starts from scratch.'
'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'
'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'
Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.
Reliance Industries and Rolls-Royce on Friday said they intend to jointly develop a sovereign combat engine for the Advanced Medium Combat Aircraft (AMCA) programme, marking a bid by India's largest private-sector company and Britain's storied aero-engine maker to build indigenous fighter-jet propulsion capability in the country.
Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to a surge in Brent crude oil prices, which rose above USD 90 per barrel, coupled with subdued global cues and ongoing US-Iran skirmishes. Track Sensex, Nifty on Auigust 12.
Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.
Russia on Monday assured India of uninterrupted supply of energy and fertilisers amid disruption caused by the West Asia crisis, as External Affairs Minister S Jaishankar met President Vladimir Putin in Moscow and held talks with his key interlocutors.
Indian stock market benchmark indices, Sensex and Nifty, saw significant gains in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions, alongside renewed foreign fund inflows.
Indian benchmark equity indices, Sensex and Nifty, closed lower for multiple consecutive days, with the Nifty extending its losses to a seventh day, primarily due to elevated crude oil prices following the expiry of the US-Iran ceasefire without a diplomatic resolution.
AIFF Super Cup winners FC Goa are set to face Turkmenistan's dominant FC Arkadag in a single-leg qualifying match for the AFC Champions League Two group stage. This crucial encounter marks former India defender Gouramangi Singh's debut as head coach for FC Goa, who enter the playoff with a depleted squad. The winner advances to the group stage, while the loser drops to the AFC Challenge League.
National Security Advisor Ajit Doval is in Beijing for the 25th round of Special Representatives talks on the India-China boundary issue with his Chinese counterpart Wang Yi. These crucial discussions precede Chinese President Xi Jinping's anticipated visit to India for the BRICS summit, offering a potential opportunity for a meeting with Prime Minister Narendra Modi. The talks aim to address the long-standing border dispute and recurring tensions, with both sides emphasising the importance of peace and tranquillity for bilateral relations amidst recent reports of aggressive Chinese posturing in Arunachal Pradesh.
The Congress party has issued a whip to its MPs in both the Rajya Sabha and Lok Sabha, mandating their presence from August 10-12 for discussions on "very important" issues. This directive comes amidst reports of potential debates on the Foreign Contribution (Regulation) Amendment Bill, 2026, and a Constitution Amendment Bill concerning delimitation, though the government's official business list did not explicitly mention these.
US Vice-President J D Vance's unexpected phone call to Prime Minister Narendra Modi on August 8 has ignited speculation about a potential diplomatic overture, possibly seeking India's support amidst the escalating US-Iran conflict and a shifting global power landscape, suggests Ambassador M K Bhadrakumar.
