The all-new, globally first YZF-R2 is priced from Rs 2,30,500 (ex-showroom, Delhi).
The BRICS New Delhi Declaration has endorsed India's proposals for a Working Group on Sports Technology and a Sports Goods Manufacturing Conclave, aiming to enhance cooperation and innovation among member nations in the sports sector.
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.
Masters champions Patrick Reed and Bubba Watson are confirmed to make their debut at the DP World India Championship in October. They will join a stellar field including Tommy Fleetwood, Rory McIlroy, Shane Lowry, and Justin Rose, with Indian stars Shubhankar Sharma and Anirban Lahiri also participating.
Arundhati Bhattacharya, Salesforce President and CEO for South Asia, stated that cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in technology. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs and urged Indian businesses to transform using technology, rather than merely digitising. She also highlighted the significant economic potential of AI adoption for India.
India is set to develop its first 100% hydrogen-powered Direct Reduced Iron (DRI) plant, a Rs 207-crore national pilot project led by CSIR-IMMT. This initiative aims to significantly reduce carbon emissions in the steel sector and achieve net-zero commitments, focusing on adapting the technology to India's domestic iron ore conditions.
The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.
Ahead of Xi Jinping's visit, National Security Advisor Ajit Doval and Chinese Foreign Minister Wang Yi held extensive talks in Beijing on August 25 on the boundary issue and reached an eight-point consensus.
India's proposal to link BRICS payment systems, including central-bank digital currencies (CBDCs), was notably absent from the grouping's New Delhi Declaration, despite being a key agenda item for India's chairmanship. This omission leaves the 16-year effort for trade in local currencies without a settled payment architecture, with the declaration only 'acknowledging' the work of the BRICS Payment Task Force.
Finance Minister Nirmala Sitharaman criticised commentators who express pessimism about India's demographic dividend, asserting that the country's youth are actively driving economic growth and innovation. She also highlighted the dual nature of AI and the need for robust safeguards in emerging technologies like quantum computing to balance innovation with safety.
The Reserve Bank of India (RBI) is planning to extend tokenisation to various financial asset classes, building on its successful trials with certificates of deposit (CDs). This move aims to enhance the efficiency of issuance, trading, and settlement of financial assets, leveraging blockchain technology and wholesale Central Bank Digital Currency (CBDC) for atomic settlements.
Legendary Australian cricketer Ricky Ponting expresses concern over the diminishing role of One Day International (ODI) cricket due to the rapid expansion of T20 Internationals and franchise leagues worldwide. While he believes Test cricket will remain strong with support from major cricketing nations, Ponting fears the 50-over format will be played less frequently. David Warner also weighs in on the challenges and opportunities presented by the crowded T20 calendar.
Cognizant reported a 1.4 per cent year-on-year dip in net profit for the April-June quarter to $636 million, while revenue grew 4.5 per cent to $5.5 billion. The company has also cut the top end of its annual guidance, citing a slowdown in macroeconomic conditions and rising uncertainty.
The UN General Assembly has adopted a resolution, backed by India, to correct the world map for a more accurate representation of continental landmasses. The resolution addresses the distortions caused by the widely used Mercator projection, which minimises the perceived sizes of regions like Africa, Latin America, and South Asia, promoting an unbalanced global view. India supports the move towards more accurate cartographic practices, specifically endorsing broader use of Equal Area map projections.
'You can't be selfish when you're thinking about nature. It has to be good karma.' 'If we prevent textile waste from going to the landfills, it's good karma.'
India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.
The Airports Economic Regulatory Authority (AERA) has waived landing charges for international flights at the Navi Mumbai International Airport for one year, with phased discounts for subsequent years. This move aims to incentivise airlines to establish new international routes from the airport, modifying previous criteria that linked waivers to the broader Mumbai Metropolitan Region.
French aerospace and defence major Thales views India as a highly dynamic market for avionics, with significant growth potential as Indian airlines expand their fleets. The company, which has a substantial presence and MRO facilities in India, is also exploring opportunities to replicate India-developed solutions globally and sees increased use of AI in development.
Tamil Nadu Chief Minister C Joseph Vijay and actor-racer Ajith Kumar, known as 'Thalapathy' and 'Thala' respectively, shared a warm, lingering hug at the iconic Silverstone circuit in the UK.
Oil prices are expected to remain elevated due to disruptions in the Strait of Hormuz, with both the US Energy Information Administration (EIA) and Rabobank International forecasting firm prices and a potential surge above $100 a barrel if disruptions worsen.
The Sports Ministry has granted an exemption to the Indian Olympic Association (IOA), allowing it to maintain a 16-member Executive Council. This decision aligns with the International Olympic Committee's (IOC) recommendation, overriding the National Sports Governance Act's usual limit of 15 members, to ensure compliance with international statutes ahead of upcoming IOA elections.
Despite international fame, she remained rooted in village traditions. Friends recalled that success never changed her lifestyle.
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.
Punjab has launched the fourth season of its state-level sports event, 'Khedan Wattan Punjab Diyan', aiming to identify and nurture sporting talent from grassroots to global levels. The event, featuring 39 disciplines and nearly 10 lakh participants, offers Rs 12.50 crore in prize money, including cash awards for veteran players for the first time. Chief Minister Bhagwant Mann inaugurated the games, highlighting the state's commitment to sports infrastructure development and financial assistance for athletes.
Indian mutual fund holdings in overseas equity securities increased by 37.5 per cent year-on-year to approximately '93,602 crore by March-end, according to RBI data. This growth is attributed to mark-to-market gains from a global market rally and heightened investor interest, with the US remaining the primary destination for these investments.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trading, primarily due to selling pressure on blue-chip HDFC Bank and ongoing geopolitical uncertainties.
Prime Minister Narendra Modi employed Gen Z-friendly phrases like "OG" and referenced the film 'Dhurandhar' during his address at Delhi University's Shri Ram College of Commerce. This move, 13 years after a previous impactful speech at the same venue, is part of a broader strategy by the BJP to connect with younger audiences, contrasting India's past challenges with its current global standing.
Josh Kushner said Thrive Capital misjudged football's political dynamics, would have avoided FIFA's failed $20 billion rights plan, but still supports its aim of broader investment.
RNFI Services Ltd has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator - Physical (PA-P). This approval allows the company to expand its financial infrastructure into physical, offline, and in-store payments, complementing its existing regulated financial services portfolio.
Prime Minister Narendra Modi presented Russian President Vladimir Putin with a Russian translation of the Thirukkural, the classical Tamil work by poet-philosopher Thiruvalluvar, ahead of the BRICS Summit in New Delhi.
SCTIMST and Invasive Technologies have launched "Chitra Core," a new drug-eluting coronary stent designed with significantly less metal to reduce complications. This indigenous innovation, developed in collaboration, aims to provide advanced and cost-effective cardiac care, building on decades of Indian medical device development. The institute is also developing a unique TiN-coated stent for global markets.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
NVIDIA has acquired AI startup Hugging Face for USD 12.9 billion, aiming to scale its platform, strengthen infrastructure, and expand AI access for developers and institutions globally while maintaining an open ecosystem.
State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.
NVIDIA has acquired AI startup Hugging Face for USD 12.9 billion, aiming to scale its platform, strengthen infrastructure, and expand access to AI for developers and institutions worldwide while maintaining an open ecosystem.
Home Minister Amit Shah chaired a high-level meeting in Ahmedabad to review India's preparations for hosting the 2030 Commonwealth Games and its bid for the 2036 Olympic Games. The meeting, also attended by Union Sports Minister Mansukh Mandaviya and Gujarat's Deputy CM Harsh Sanghavi, highlighted the government's commitment to establishing India as a global sporting destination. Discussions also covered the 2029 World Police and Fire Games, set to be held in Ahmedabad.
Fighting in Yemen has intensified as Houthi rebels advance on strategic government-held areas like Marib and Taiz, putting pressure on Saudi Arabia to respond. The conflict is also linked to wider US-Iran tensions affecting shipping in the Strait of Hormuz, with former US President Trump commenting on the situation.
The All India Football Federation has announced a series of high-profile international friendly matches for the Indian men's national team. India will host Panama on September 26 in Bengaluru, followed by five-time world champions Brazil on October 3 and two-time world champions Uruguay on October 6, both in Kolkata. These matches represent a significant step for Indian football, offering the team a chance to compete against top-ranked global opponents.
The Sports Ministry has initiated a fresh application process for a national Yogasana federation, setting a September 17 deadline. This follows a Delhi High Court ruling that quashed the recognition of Yogasana Bharat and mandated a new affiliation procedure. Eligible bodies must submit detailed applications, adhering to the National Sports Governance Act, which includes specific requirements for executive committee composition.
Prime Minister Narendra Modi, addressing the SCO summit in Bishkek, called for a united front against terrorism and its financing, rejecting double standards. He emphasised resolving conflicts through dialogue and diplomacy, not battlefields. Modi also highlighted that connectivity projects must respect national sovereignty and territorial integrity, a veiled reference to China's Belt and Road Initiative. India's vision for SCO rests on security, connectivity, and opportunity.
