Willie Walsh, former IATA Director General and CEO of British Airways, has officially taken charge as the CEO of IndiGo, India's largest airline, with a mandate to drive global expansion and operational excellence.
Thousands of Yoga enthusiasts and practitioners assembled at the iconic Times Square here on Sunday for a day-long session of the ancient Indian practice to commemorate International Day of Yoga.
Sebi Chairman Tuhin Kanta Pandey has defended the newly rolled out Closing Auction System (CAS), stating that it is a transparent mechanism and that the industry needs time to understand the change. He acknowledged initial turbulence and concerns from fund houses but noted an increase in mutual fund participation.
Meta's global team met with top Indian IT Ministry officials following government summons regarding the temporary restriction of Prime Minister Narendra Modi's Facebook post and ongoing concerns about child sexual abuse material (CSAM) on its platforms.
'India should hold several high-level chess tournaments that would attract the world's top players so that the country will have a say in the game.'
Formula One boss Stefano Domenicali heaped praise on teenager Kimi Antonelli on Wednesday as the sport gave itself a glowing half-term report, with sold-out races and booming viewing figures in key markets.
The Global Chess League (GCL) has launched Road2GCL, a six-week community engagement initiative, to build excitement for its fourth season in Bengaluru. The programme includes competitions like Road2GCL Contenders, offering aspiring players a chance to compete with GCL stars, alongside activities for clubs, schools, and content creators. Season 4 will feature 36 Grandmasters, including Magnus Carlsen and debutant Divya Deshmukh.
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.
Chinese President Xi Jinping called for global collaboration in artificial intelligence development, emphasising a "symphony of global collaboration" over a "solo performance" by any single nation. Speaking at the World Artificial Intelligence Conference in Shanghai, Xi highlighted the need for ethical AI governance, shared prosperity, and addressing challenges like the widening digital divide. He also announced China's commitment to support developing countries with 5,000 AI research projects and training programmes. The event also saw 29 countries sign an agreement to establish the World Artificial Intelligence Cooperation Organisation (WAICO) in Shanghai.
Parliament was informed that UPI has onboarded 55.49 crore users by June 2026, with transactions reaching 24,162 crore in volume and Rs 314 lakh crore in value in FY 2025-26. The platform, operated by NPCI, is expanding internationally through NIPL, facilitating cross-border payments and assisting other nations in building similar systems. Significant efforts are also underway by the Government, RBI, and NPCI to enhance the security and transparency of UPI transactions, including risk-based limits, security frameworks, and public awareness campaigns against cyber-crime.
Mahindra Group CEO Anish Shah emphasizes the critical role of Artificial Intelligence, advocating for its meaningful integration at scale across all aspects of the company. He highlights that AI is redefining industries and decision-making, urging a proactive approach to leverage its potential. Shah also addresses global uncertainties, stating the group's commitment to accelerate amidst challenges and aim for global leadership.
Sports Minister Mansukh Mandaviya and BAI President Himanta Biswa Sarma unveiled 'Peacko', the official mascot, and the championship anthem for the upcoming BWF World Championships in New Delhi. India aims to solidify its position as a global sporting destination, with the event featuring top Indian shuttlers like PV Sindhu and Lakshya Sen.
Streaming has globalised the entertainment industry, enabling artists like Diljit Dosanjh and Arijit Singh to reach diverse international audiences.
China has deployed 72 "robot employees" across Beijing's municipal parks to perform various tasks like cleaning, patrolling, guiding visitors, and pest control. This initiative is part of China's "Robot Plus" strategy, driven by an ageing population and labour shortages, and showcases the growing domestic service robot market. These AI-powered robots enhance efficiency and visitor experience in popular attractions like the Summer Palace and Zizhuyuan Park.
Nebex, founded by former Axiom Space executives, aims to build commercial infrastructure for the global space economy.
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.
France striker Kylian Mbappe has become the World Cup's all-time leading scorer with 22 goals, surpassing Lionel Messi's 21 goals, after netting twice in France's third-place play-off match against England.
Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
Ford Business Solutions (FBS) India, the global capability centre for Ford Motor Company, has inaugurated a new office in Coimbatore, its third location in India. This expansion is a strategic move to strengthen the resilience of Ford's global operations, with nearly 50 per cent of its future growth in India expected to be in technology, data science, and data analytics.
FIFA President Gianni Infantino's proposal to create a $20 billion subsidiary, FIFA Forward Enterprise (FFE), to commercialise its events and offer stakes to external investors, has drawn significant criticism from governing bodies like UEFA and CONCACAF, who accuse FIFA of a lack of transparency and attempting to 'sell the soul of football'.
Sports Minister Mansukh Mandaviya highlighted India's growing global sporting stature, evidenced by the increasing number of international events the country is hosting. He announced that India is set to host 36 international events between January 2025 and June 2026, along with 9 events this year and 19 in 2027-2028. Mandaviya also spoke about government support for athletes, transparent selection processes for major events like the Commonwealth Games, and improved domestic athletic performances, citing 26 national records broken in Indian athletics recently.
India has once again topped the Athletics Integrity Unit's global list of dope offenders with 162 names, highlighting a significant doping problem in the country's sporting landscape. This led to the Athletics Federation of India being re-categorised to 'Category A' due to high doping risk, requiring more stringent testing.
Despite international fame, she remained rooted in village traditions. Friends recalled that success never changed her lifestyle.
Rockwell Automation's CEO Blake Moret highlights India as the centrepiece of the company's Asian growth strategy, detailing its four-decade presence, significant employee base, and support for the 'Make in India' initiative. The company sees major opportunities in pharmaceuticals, automotive, food and beverage, and consumer products, with AI playing a crucial role in simplifying industrial automation and boosting productivity for Indian manufacturers, including MSMEs.
A new report by Philips indicates that Artificial Intelligence is significantly enhancing healthcare in India, with 71% of professionals reporting increased patient capacity and 85% believing it improves patient outcomes. AI is also seen as a tool to improve access to quality healthcare in rural areas, with patients also embracing its benefits for more meaningful interactions with doctors.
The US Central Command (CENTCOM) has launched extensive precision strikes across multiple Iranian military installations, deploying both one-way attack aerial and sea drones for the first time, to degrade Tehran's ability to disrupt international maritime trade in the Strait of Hormuz.
India's foreign exchange reserves increased by USD 1.08 billion to USD 676.237 billion for the week ended July 17, primarily due to a significant rise in foreign currency assets, despite a drop in gold reserves.
The fourth season of the Global Chess League will feature Norwegian grandmaster Magnus Carlsen's return and Indian FIDE Women's World Cup champion Divya Deshmukh's debut.
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.
Indian hockey fans, including a significant diaspora presence and supporters from abroad, created a vibrant, festive atmosphere in Amstelveen for the World Cup opener against Wales on Independence Day, driven by increased expectations following recent Olympic successes.
ArcelorMittal has announced a partnership with Amazon Web Services (AWS) to automate its global manufacturing operations using AWS's cloud and AI capabilities. This collaboration aims to enhance safety, asset reliability, and energy efficiency by deploying AI at the point of production for predictive maintenance, quality control, and process optimisation.
India continues to lead the Athletics Integrity Unit's (AIU) global list of dope offenders with 162 names, highlighting a significant problem in the country's sports. The nation has been re-categorised to 'Category A' by the AIU, indicating an "extremely high" doping risk and requiring more stringent anti-doping measures.
Cricket Scotland and the Royal Dutch Cricket Association have strongly criticised the International Cricket Council's decision to implement significant structural changes to the 2027 ODI World Cup qualification pathway and tournament format, stating it 'risk weakening the integrity and credibility of international cricket'.
Prime Minister Narendra Modi, in his 80th Independence Day address, expressed strong confidence that India will achieve developed nation status by 2047, urging citizens to embrace big dreams and unwavering resolve to realise 'Viksit Bharat'. He highlighted India's economic transformation and significant growth in various sectors, including defence production, electronic manufacturing, and mobile phone production.
'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'
A new report by FICCI, BCG, and IBA outlines that India's banking sector must grow significantly faster than nominal GDP to support a USD 30 trillion economy by 2047, requiring banking assets of USD 45 trillion. The report highlights the sector's current strength, challenges in digitisation, and the need to enhance resilience against fraud and cyber threats, proposing a 13-point agenda for stakeholders.
Rohit Yadav lit up Bhubaneswar's Kalinga Stadium with a career-best throw of 87.05m in the men's javelin throw on the concluding day of the 65th National Inter-State Senior Athletics Championships.
Indian benchmark indices Sensex and Nifty saw declines in early trade, influenced by elevated crude oil prices stemming from renewed geopolitical uncertainties, particularly concerns surrounding the Strait of Hormuz. Track Sensex, Nifty on August 11, 2026.
Underlining that students are the "architects of India's future," President Droupadi Murmu on Friday said the government is taking comprehensive steps to reform public examinations to completely curb paper leaks and unfair means, making the system transparent, secure, and trustworthy.
