A Goldman Sachs report indicates that up to 12% of India's non-agricultural workforce is at risk of substitution by generative AI, while 42-48% could be complemented. The report highlights uneven impacts across sectors and job types, with IT-enabled services facing higher risk and physical tasks remaining less affected. Gen-AI is projected to boost India's labour productivity growth over the next decade.
Union Minister Bandi Sanjay Kumar announced India's ambitious plan to rank among the top 10 sporting nations by 2036 and top five by 2047. He highlighted the central government's commitment to sports development through initiatives like Khelo India, increased budget allocation, and a special fund for sports equipment and technology, emphasising sports as a tool for nation-building and youth empowerment.
Union Minister Bandi Sanjay Kumar announced India's ambitious plan to rank among the top 10 sporting nations by 2036 and top five by 2047. He highlighted the central government's commitment to sports development through initiatives like Khelo India, increased budget allocation, and a special fund for sports equipment and technology, emphasising sports as a tool for nation-building and youth empowerment.
The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF), a move aimed at promoting motorsport and facilitating Formula 1's return to India. This recognition requires FMSCI to amend its constitution to comply with governance acts, and a Task Force is being established to assess the benefits and challenges of hosting major motorsport events.
Merlinhawk Aerospace has partnered with Boeing India Defence to provide in-country maintenance, repair, and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems on Indian military platforms. This collaboration aims to strengthen local support, reduce turnaround times, and enhance mission readiness for the Indian Navy, aligning with India's self-reliance goals in defence.
Merlinhawk Aerospace has partnered with Boeing India Defence to provide in-country maintenance, repair, and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems on Indian military platforms. This collaboration aims to strengthen local support, reduce turnaround times, and enhance mission readiness for the Indian Navy, aligning with India's self-reliance goals in defence.
For India, the guiding principle should remain clear: Engage Bangladesh as a sovereign nation and society rather than through the prism of any individual leader or political party, suggests Manoj Mohanka.
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.
Following India's dominant T20I victory over Zimbabwe, social media erupted with fan discussions, with many attributing the team's relaxed performance to Gautam Gambhir's absence and V V S Laxman's oversight, while others cautioned against overreacting to a single match.
Indian boxers Preeti Pawar (54kg) and Priya Ghanghas (60kg) have secured at least two bronze medals for the nation at the Commonwealth Games by advancing to the semifinals of their respective categories. Preeti dominated her quarterfinal bout with a unanimous 5-0 decision, while Priya overcame a tough challenge from local favourite Niamh Mitchell with a 4-1 split decision.
Indian boxers Preeti Pawar and Priya Ghanghas have secured at least two bronze medals for the nation at the Commonwealth Games by advancing to the semifinals of their respective weight categories. Preeti dominated her 54kg quarterfinal with a unanimous decision, while Priya overcame a tough challenge in the 60kg division with a split decision win. However, Parveen Hooda was eliminated in her 65kg quarterfinal bout.
Candidates who prefer the paper-based format will be able to register for the final three test dates scheduled in July and August, after which the option will no longer be available in the country.
A bipartisan group of US Senators has agreed to fast-track a bill allowing the President to impose sanctions on major purchasers of oil from Russia and Iran. This legislation, known as the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, aims to restrict funding for Russia's war efforts and Iran's energy and weapons sectors, potentially impacting countries like China and India through tariffs and other restrictions.
'Energy prices would shoot up with the closure of Hormuz again.'
Joe Root's patient, unbeaten 99 anchored England's chase of 234 against India, securing a four-wicket victory and levelling the three-match ODI series 1-1. India captain Shubman Gill attributed his side's defeat to a middle-order collapse, which saw them slump from 178 for 3 to 193 for 7.
Court-appointed administrator Justice Gita Mittal has proposed extensive constitutional amendments for the All India Tennis Association (AITA). These reforms aim to align AITA with the National Sports Governance Act, 2025, by significantly increasing athlete representation in decision-making bodies, downsizing the Executive Committee, and establishing independent ethics and dispute resolution committees. The changes, which include inducting Sportspersons of Outstanding Merit into key committees and reducing state association representation, await approval at an upcoming Extraordinary General Meeting.
The Ram temple trust's decision to establish a permanent institute for training and certifying Hindu priests is being seen by religious leaders and members of the Indian diaspora as a significant step towards addressing the growing demand for qualified 'archaks' (priests) not only in India but also overseas.
The Reserve Bank of India (RBI) has introduced a new framework allowing banks to offer differential interest rates on bulk deposits based on their liquidity characteristics under the Liquidity Coverage Ratio (LCR) framework, while maintaining the principle of uniform pricing across similar deposits.
'Tariff action relating to the excess-capacity investigation will be even more susceptible to judicial overturn.'
Indian men's hockey team chief coach Craig Fulton is focused on ending the 51-year World Cup medal drought, aiming for consistency and a strong performance at the upcoming tournament in the Netherlands and Belgium.
Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.
Air Chief Marshal A P Singh, the IAF chief, has strongly advocated for India to achieve greater self-reliance in unmanned aerial systems and other critical defence technologies, stating, "Technology delayed is technology denied." He stressed the importance of indigenous development to avoid dependency on other countries for components.
Maharashtra Governor Jishnu Dev Varma has urged state universities to establish a robust sports-friendly ecosystem to identify and develop exceptional sports persons capable of representing India. He highlighted the importance of sports in national development and student skill-building, advocating for greater participation from rural and tribal youth.
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.
Double Olympic medallist shooter Manu Bhaker has voiced her concern over student protests against alleged exam paper leaks, advocating for every child's fundamental right to education, safety, and a fair chance at life. She emphasised that the issue transcends politics and demands greater accountability to protect the nation's future.
Karnataka Chief Minister D K Shivakumar congratulated para-athlete Shilpa K Shyla for winning a bronze medal in Shot Put at the Commonwealth Games in Glasgow, highlighting her achievement as a source of pride and inspiration for the state and nation.
Calling iPhone addicts: Launch timeline and everything we know so far about Apple iPhone 18 Pro Max
The highly anticipated new generation Toyota Hilux is set to launch in India in July this year with significant upgrades, premium features, and a powerful mild-hybrid diesel engine, aiming to capture the Indian pick-up truck market.
The AM Green Indian Golf Premier League (IGPL) and the Asian Tour have reaffirmed their partnership, aiming to expand playing opportunities and player development for Indian golfers on the international circuit, following successful tournaments in Morocco.
President Droupadi Murmu will flag off the first Soldierathon on August 2, celebrating the 253-year legacy of the President's Bodyguard, India's senior-most and only Airborne Cavalry Regiment.
'We can integrate AI and tech into education, but that is just a means and not an end.' 'Ultimately, we need to control what happens in a classroom and we need to let teachers innovate their teaching style to suit the needs of Gen Z and beyond.'
The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.
The Badminton World Federation (BWF) has announced its World Tour Calendar for 2027 and 2028, featuring a 35-tournament global circuit. The India Open Super 750 will see its dates shifted to February 2027 and January 2028, while the Syed Modi India International has been downgraded to a Super 100 event. The new calendar also introduces a 3x15 scoring system and extended competition windows to enhance player welfare and global reach.
The Badminton World Federation (BWF) has announced its World Tour Calendar for 2027 and 2028, featuring a 35-tournament global circuit. The India Open Super 750 will see its dates shifted to February 2027 and January 2028, while the Syed Modi India International has been downgraded to a Super 100 event. The new calendar also introduces a 3x15 scoring system and extended competition windows to enhance player welfare and global reach.
In cities where women own a larger share of small businesses, women also account for a larger share of jobs.
India's hydropower generation has been significantly constrained in July due to the El Nio effect, which has weakened the southwest monsoon and reduced reservoir levels. This decline, following a 21 per cent year-on-year drop in June 2026, is forcing greater reliance on coal generation and straining grid flexibility amidst rising power demand.
Karnataka Deputy Chief Minister G Parameshwara has provided international-standard pole vaulting equipment and financial aid to Sindhushree Ganesh, who will represent India at the Asian Games. Sindhushree, from an underprivileged background, has overcome challenges to achieve national recognition in pole vault, fulfilling her late father's dream.
Tech giant Apple reported a record June quarter revenue of USD 109.4 billion, a 16 per cent year-on-year increase, with significant double-digit growth in emerging markets like India. However, the company anticipates business risks in the coming quarters due to rising memory chip prices and ongoing supply constraints.
Indian boxers Preeti Pawar, Priya Ghanghas, and Jadumani Singh have secured at least bronze medals at the Commonwealth Games by advancing to the semifinals of their respective weight categories. Preeti and Jadumani won their quarterfinal bouts by unanimous decision, while Priya Ghanghas overcame her opponent with a split decision. However, former Asian champion Parveen Hooda was eliminated in her quarterfinal match.
Finance Minister Nirmala Sitharaman has urged income tax authorities to significantly accelerate the adjudication of taxpayer appeals.
