The second edition of the Coal India Open golf tournament is set to begin in Kolkata, featuring a strong field of leading Indian and international professionals competing for a prize purse of Rs 1 crore. Defending champion Angad Cheema and other notable golfers will participate at the Tollygunge Club.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for the defence of competition, policy autonomy, and the long-term sustainability of its payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI transactions, a move GTRI suggests should not be influenced by foreign trade complaints.
Reserve Bank of India Deputy Governor Rohit Jain has stated that India cannot rely solely on bank balance sheets to fund the extensive investment required for its 'Viksit Bharat' (developed India) goal by 2047, emphasising the critical need for deeper corporate bond, foreign exchange, and derivatives markets.
India's position appears to be anchored around three red lines: Hasina's safety and the guarantee of a fair trial; assurances that Bangladeshi territory will not be used for activities hostile to India; and the restoration of an inclusive democratic process in Bangladesh.
Chief ministers from southern states convened at the Southern Zonal Council meeting in Kovalam, where Karnataka CM DK Shivakumar advocated for the 1971 census as the basis for delimitation and a freeze on Lok Sabha seats, while also addressing the contentious Cauvery water and Mekedatu dam issues.
Indian benchmark equity indices, Sensex and Nifty, extended their decline for a second consecutive day, primarily due to elevated crude oil prices and selling pressure on Tata Group stocks following Tata Sons Chairman N Chandrasekaran's announcement that he will not seek reappointment.
Khalifa wants to build a universe, but struggles to build a compelling film, leaving Prithviraj Sukumaran to carry a derivative thriller almost entirely on his shoulders laments Sreeju Sudhakaran.
This week's OTT releases feature a diverse range of films and series, including the spiritual sequel 'Cocktail 2' starring Shahid Kapoor, Rashmika Mandanna, and Kriti Sanon, Kangana Ranaut's 'Bharat Bhagya Vidhata' based on the 26/11 Mumbai attacks, and the RSS-themed drama 'Aakhri Sawwal'.
The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.
Maharashtra BJP minister Chandrakant Patil claimed Delhi Police are collecting fingerprints from stones used in the CJP agitation and linking them to Aadhaar numbers for protester identification and background checks. This statement, made in Kolhapur, drew sharp criticism and mockery from Shiv Sena (UBT) leader Sanjay Raut, who suggested Patil be nominated for a Nobel Prize for his "scientific innovation." The CJP protest at Jantar Mantar involved clashes and stone-pelting over examination paper leaks.
Donald Trump has strongly refuted claims of a munitions shortage and denied any confrontation with Defence Secretary Pete Hegseth, labelling the reports as "fake news" and asserting the nation's robust military production capabilities.
The White House has launched a major crackdown on the 'Great Transhipment Scam', accusing India and over 40 other nations of helping Chinese exporters bypass US tariffs by misrepresenting the origin of goods. The US plans to use AI-driven monitoring and anti-transhipment clauses in future trade agreements to strengthen enforcement.
Reigning Indian Super League champions East Bengal are set to face Kuwaiti league runners-up Al Arabi SC in a critical AFC Champions League Two preliminary-stage knockout fixture. The single-leg qualifier will determine a spot in the group stage, with East Bengal navigating squad challenges under new coach Antonio Lopez Habas.
India's banking system liquidity has fallen to its lowest level in over three weeks, driven by robust credit growth and potential RBI intervention in the foreign exchange market, according to the latest data from the Reserve Bank of India.
'The prohibition regime has been accompanied by concerns regarding the expansion of the illicit liquor trade, increased enforcement challenges and corruption, and the growing use of alternative intoxicants, including illicit drugs.'
Veteran Nepali mountaineer Nirmal Purja and nine other climbers are missing after an avalanche struck their expedition on Pakistan's Broad Peak. Rescue efforts are underway but are being hampered by adverse weather conditions, raising concerns for the safety of the renowned climber and his team.
Repeated increases in new luxury-car prices, driven partly by the rupee's depreciation against the euro, are expanding the market for certified pre-owned vehicles.
Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.
A man identified as Manish Gupta was arrested in Bihar's Khagaria district for allegedly impersonating an IAS officer and falsely claiming ties to National Security Advisor Ajit Doval. Police recovered a Tesla car, an SUV, imported liquor, and other luxury items from his residence, indicating extensive fraudulent operations. An investigation into his assets and alleged fraud is underway.
In a significant victory against international drug trafficking, India has secured the return of fugitive drug kingpin Virender Singh Basoya from the UAE.
A delegation of NCP (SP) Lok Sabha MPs, led by Supriya Sule, met Prime Minister Narendra Modi to discuss various issues concerning Maharashtra, including drought, onion prices, and river pollution. The meeting, which lasted about 15 minutes, did not include discussions on the FCRA Amendments Bill, which Sule opposes. This follows a previous meeting between Sharad Pawar, Sule, and the PM regarding student and farmer issues.
The Reserve Bank of India (RBI) has maintained its benchmark policy rate at 5.25 per cent for the fourth consecutive meeting, prioritising clarity on inflation trends, particularly concerning energy costs and geopolitical developments.
Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.
Sri Lankan police have arrested over 130 foreign nationals in a crackdown on alleged cybercrime operations across the island nation. The arrests, part of a wider effort to combat cross-border online fraud, took place in Colombo suburbs and involved individuals from various countries.
Pakistan, Saudi Arabia and Turkiye on Friday signed a key joint defence agreement under which an attack against one of them will be treated as an attack against all of them, amid increasing security concerns in the wake of escalating tensions in West Asia.
Supreme Leader Mojtaba Khamenei has reshuffled Iran's political and national-security establishment, appointing former SNSC Secretary Mohammad Bagher Zolghadr as his political adviser and veteran IRGC commander Mohsen Rezaei as his representative on the Supreme National Security Council, consolidating power amid the West Asia crisis and Strait of Hormuz tensions.
Indian benchmark indices Sensex and Nifty experienced a downturn in early trade, primarily influenced by a dip in HDFC Bank shares, persistent outflows from foreign funds, and escalating geopolitical tensions between the US and Iran. Track Sensex, Nifty performance.
The Shri Ram Janmbhoomi Teerth Kshetra trust has shortlisted 18 candidates for the Chief Executive Officer position from over 5,300 applicants. Interviews are scheduled for Tuesday and Wednesday, with the CEO's role focusing on temple administration and management. The selection follows allegations of embezzlement of temple donations, which led to an SIT probe and arrests.
Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.
The Korean national hockey team has arrived in Pakistan for a historic four-match series, marking their first visit in 20 years. This series is crucial for Pakistan's preparation for the upcoming World Cup, especially after their poor performance in the recent FIH Pro League.
Pakistan hockey captain Abu Bakar Mahmood expressed confidence in his team's ability to defeat arch-rivals India at the upcoming FIH World Cup, stating that "rankings don't matter" in such high-stakes encounters and performance on the day is key.
'Taxpayers should not ignore any of these notices. Verifying the facts and responding promptly can help resolve issues early and avoid unnecessary litigation.'
Former IPL chairman Lalit Modi has been cleared in most of the Enforcement Directorate's findings and penalties in the 2009 IPL South Africa FEMA case by an appellate tribunal. This verdict ends a 16-year legal battle, prompting Modi to announce his plans to return to India by late this year or early next year.
Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.
'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'
India and China held diplomatic talks to review the situation along the Line of Actual Control (LAC), discussing boundary delimitation, border management, and trans-border cooperation. Both nations stressed the importance of maintaining peace and tranquillity for bilateral relations and agreed to continue using existing channels to resolve outstanding issues.
Pakistan, Turkiye, and Saudi Arabia have signed a trilateral defence pact, agreeing to treat an attack on one as an attack on all. Analysts suggest this alliance could significantly diminish the United States' strategic influence in West Asia and elevate Pakistan's geopolitical standing, potentially acting as a deterrent in regional conflicts.
Net inflows into smallcap funds surged 39 per cent M-o-M to a record Rs 7,768 crore, while midcap fund inflows rose marginally to Rs 6,192 crore.
Union Minister Jitendra Singh refuted Rahul Gandhi's allegations in Lok Sabha that Home Minister Amit Shah ordered firing on students protesting the NEET fiasco. Singh clarified that no bullets were fired, only tear gas was used, and the authority to order firing rests with a magistrate, not a minister. He also dismissed Gandhi's claims about Shah's cavalcade and foreign travel, criticising the opposition leader for making unsubstantiated remarks during a heated parliamentary debate.
India's fresh investment plans in Q1FY27 surged 71 per cent to 14.77 trillion, primarily driven by four large nuclear power projects worth 6.5 trillion, according to investment monitoring firm Projects Today. Excluding these nuclear projects, fresh investment plans actually declined 4.27 per cent quarter-on-quarter.
