'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.'
Indian benchmark indices, Sensex and Nifty, experienced significant declines, with the Sensex falling 493 points and the Nifty dropping for the sixth consecutive day, primarily due to elevated crude oil prices reaching USD 91 per barrel and diminishing hopes for a diplomatic resolution in West Asia.
'There is no harm in sending young players to show the world that Pakistan cricket still has talent.'
Jio Platforms managing director Akash Ambani announced plans for Jio to develop a sovereign Low Earth Orbit (LEO) satellite constellation and partner with global providers to extend connectivity to remote areas of India, aiming to strengthen India's self-reliance in space.
Legendary Brazilian captain Cafu has urged India to shed its "tiny status" mindset in football and believe in its potential for growth, offering Brazil's cooperation. He responded to Bhaichung Bhutia's concerns about an India-Brazil friendly, emphasising the importance of grassroots development and international collaboration, drawing parallels with Japan and China's success. Cafu also shared his personal journey of overcoming doubts to become a football legend.
Indian benchmark equity indices, Sensex and Nifty, experienced declines in early trade due to elevated crude oil prices and persistent geopolitical uncertainties, particularly following the expiry of the US-Iran ceasefire. Track Sensex, Nifty on August 19, 2026.
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.
Indian refiners are diverting 350,000 tonnes of sugar, originally slated for export, to the domestic market to ease a supply crunch and stabilise prices ahead of the festive season.
Indian javelin thrower Neeraj Chopra has been ruled out for the remainder of the 2026 season due to an ankle ligament tear, forcing him to miss the upcoming Asian Games.
'Companies are getting selective about what they pay a premium for.'
The Global Chess League (GCL) announced that its fourth season will take place in Bengaluru starting September 3. The league, a joint initiative of Tech Mahindra and FIDE, features a unique team-based format with mixed-gender lineups and rapid-fire matches, aiming to transform chess into a global spectator sport.
NPCI International and Uzbekistan's NIPC have partnered to enable UPI payments across Uzbekistan, allowing Indian tourists, business travellers, and students to make instant merchant payments using the UZQR code. This agreement, approved by RBI and CBU, integrates UPI with Uzbekistan's national payment system, HUMO, facilitating direct P2M payments from Indian bank accounts and reducing reliance on foreign exchange or international cards.
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
Tamil Nadu Chief Minister C Joseph Vijay has announced plans for a new Rs 1,200 crore Assembly-cum-Secretariat integrated complex in Chennai, moving the administration from the historic Fort St George. The modern facility will house all state government departments, addressing space constraints and aiming for efficient governance. Additionally, the CM unveiled plans for a Tamil Nadu Olympic City and a Motor Sports City to boost sports infrastructure and tourism.
India is set to launch Bharat Vecto, its first certification tool for assessing the fuel efficiency and CO2 emissions of medium and heavy commercial vehicles, by December, with a full launch targeted for the Bharat Mobility Global Expo in February 2027.
'They are claiming that they are very good in governance. All governments do propaganda. This is the propaganda of the government that they are doing very well, in spite of all the troubles.'
Telangana Chief Minister A Revanth Reddy's planned visit to the United States has been denied political clearance by the Ministry of External Affairs (MEA), citing non-conformity with laid down norms, forcing him to cancel the US leg of his 'TelanganaRising' delegation tour and return to Hyderabad earlier than planned.
'There needs to be a monitoring of glaciers in high altitude areas and one needs to check regularly how geological changes are taking place.' 'We can mitigate that by regular monitoring but unfortunately, hardly any monitoring is happening.' 'And without monitoring those higher altitudes of Himalayas, people are suffering.'
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.
Double Olympic pole vault champion Mondo Duplantis has released "Gold," the official anthem for World Athletics' inaugural Ultimate Championship. The track, written and performed by Duplantis, is now available on major streaming platforms and will be the signature soundtrack for the event in Budapest, featuring top athletes competing for a $10 million prize fund.
Sikkim has identified 40 high-hazard glacial lakes, with 16 at the highest risk of catastrophic outbursts. Following a devastating GLOF in 2023, the state is developing India's first dedicated GLOF Risk Mitigation Protocol, using advanced monitoring and interdisciplinary approaches to protect downstream settlements and serve as a model for other Himalayan regions.
Uzbek prodigy Javokhir Sindarov is gearing up for the World Chess Championship against Gukesh Dommaraju, focusing on preparing for Gukesh's strongest form rather than his recent tournament results. Sindarov, who won the Candidates Tournament and World Cup, believes the match will be an engrossing battle and is confident in his preparations, which have delivered a successful season.
Analysts predict that geopolitical developments, particularly surrounding the Strait of Hormuz and the US-Iran standoff, along with crude oil prices, will be the primary factors influencing stock market movement in the coming week. Investors will also monitor foreign institutional flows and the Federal Open Market Committee (FOMC) minutes for signals on the Federal Reserve's policy outlook.
Indian football head coach Khalid Jamil believes playing five-time world champions Brazil and two-time winners Uruguay at home will be a historic turning point for the sport in the country. These high-profile matches are crucial for preparing the team for next year's Asia Cup qualifiers and will boost player confidence and learning.
GSTAT has crossed 75,000 filings but disposed of only 83 cases, highlighting the huge backlog facing India's new GST appeals tribunal.
Former India T20I captain Suryakumar Yadav, who lost his spot in the national team after struggles with form and an inconsistent IPL season, has stated he is working hard for a comeback. The 35-year-old, a key player for Mumbai Indians, last played for India in Tests and ODIs in 2023.
'In the current environment, India is effectively paying a premium for supply security and diversification.'
Indian wicketkeeper-batter Rishabh Pant has achieved a significant milestone, becoming the first Indian and fourth overall player to hit 100 sixes in Test cricket.
Indian stock markets, including the Sensex and Nifty, rebounded significantly, driven by a decline in crude oil prices and positive global cues stemming from hopes of diplomatic progress in US-Iran negotiations.
Maruti Suzuki India has significantly increased its capital expenditure (capex) outlay to Rs 77,500 crore for the five-year period ending FY31, aiming to boost capacity, develop new models, and enhance R&D, as announced by MD and CEO Hisashi Takeuchi.
Prime Minister Narendra Modi has introduced a 'Sapta Dhara' (seven-stream) reform framework, aiming to propel India into a developed nation by 2047. This comprehensive plan focuses on key sectors including manufacturing, agro-food processing, technology, logistics, defence, green and blue economy, and soft power, leveraging the nation's youth potential.
India's manufacturing sector growth decelerated to a five-year low of 52.8 in August, down from 53.5 in July, as output and new orders moderated due to softer demand conditions, according to the HSBC India Manufacturing Purchasing Managers' Index (PMI).
Three athletes from Narmadapuram district in Madhya Pradesh, Vivek Sagar Prasad (hockey), Aadhya Tiwari (soft tennis), and Harshita Tomar (sailing), have been selected to represent India at the 2026 Asian Games in Japan. This selection highlights the district's growing sporting prowess, with experienced and emerging talents ready to compete on the continental stage.
Quantum computing is set to redefine artificial intelligence, cybersecurity, and scientific discovery, promising unprecedented speeds and capabilities while also necessitating urgent development of quantum-safe security measures and strategic enterprise readiness, says Sunil Varghese.
Flexi-cap mutual fund schemes have attracted nearly Rs 50,000 crore in net inflows during January-July 2026, a 27 per cent increase year-on-year, as investors increasingly favour dynamic equity strategies.
Indian rally champions Dean Mascarenhas and co-driver Gagan Karumbaiah are set to compete in their second WRC3 event of the season, Rally del Paraguay. This marks their first gravel rally in the championship, following previous appearances in the Canary Islands and Rome, as they continue to gain international experience.
Maharashtra minister and Asian Cricket Council board member Adv. Ashish Shelar has been unanimously elected as the president of the E Sports Games Federation (ESGF) in India. Shelar, who also holds portfolios for Electronics, IT, AI, and Cultural Affairs, aims to enhance platforms, training, and opportunities for India's growing esports community, especially with the Indian team participating in the upcoming Asian Games.
The National Skill Development Corporation (NSDC), in collaboration with Amazon Web Services (AWS) and Cultus Education, has launched a nationwide initiative to provide cloud and AI skilling to 1.5 lakh learners. This programme aims to equip youth, especially from Tier 2 and Tier 3 cities, with essential technology skills and job-ready training, contributing to India's goal of becoming a global innovation hub.
The United States launched military action against two Iranian launch systems on Larak Island, prompting Iran to claim retaliation with ballistic missile launches targeting two US air bases in Jordan.
Google aims to complete the first phase of its 1 gigawatt artificial intelligence (AI) data centre hub in Visakhapatnam by late 2028, with full operations across all phases expected within five years, according to Alexander Smith, Principal of Global Infrastructure and Energy for Asia Pacific at Google.
