Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.
For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.
The IRGC is the most powerful branch of Iran's armed forces and operates independently of the country's regular military, answering directly to Supreme Leader Ali Khamenei.
A source familiar with US Treasury Secretary Scott Bessent's thinking revealed on Saturday that the department "intends to utilise all available authorities to make Iranian assets accessible for rebuilding and repair efforts related to any future damage inflicted by Iran."
The Indian table tennis team, featuring strong contenders like the men's doubles pair of Manush Shah and Manav Thakkar, has commenced its Asian Games campaign in Nagoya with aspirations of securing at least one medal. Both men's and women's teams are in Group F, facing Indonesia and other opponents. The team, a mix of experienced players and rising stars like Syndrela Das, is confident after acclimatising to the conditions.
Iran's Revolutionary Guard Corps (IRGC) has claimed responsibility for strikes on an American base, alleging it was in response to earlier aerial attacks near Bandar Abbas Airport. The incident follows reports of confrontations between Iranian and US forces in the Strait of Hormuz.
Iranian Foreign Minister Abbas Araghchi has urged Pakistan to use its diplomatic influence to help de-escalate the current regional situation and support efforts to maintain the ceasefire.
As tensions in the Middle East approach a critical juncture, reports have surfaced regarding a draft memorandum of understanding between the United States and Iran aimed at de-escalating the ongoing conflict, Iranian state media reported on Wednesday.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 20,974 crore from Indian equities in September, driven by global uncertainties, higher US interest rates and bond yields, elevated crude oil prices, and a weakening rupee.
Pakistan's army chief held a series of engagements with Iranian leaders in Tehran as regional diplomacy remained in focus.
Dozens of US planes carrying ammunition landed in Tel Aviv, raising concerns about potential strikes on Iran. Negotiations between the US and Iran remain deadlocked over key issues, with both sides issuing fresh demands and warnings.
Indian equity benchmark indices Sensex and Nifty declined in early trade, driven by persistent concerns over the unresolved US-Iran situation and continued outflows from foreign institutional investors.
Indian benchmark indices Sensex and Nifty surged significantly in early trade, mirroring a global rally and a sharp decline in crude oil prices following the finalisation of a peace deal between the US and Iran to end their 107-day conflict and reopen the Strait of Hormuz.
FIFA Secretary-General Mattias Grafstrom will meet Iranian FA officials in Istanbul to offer reassurance over Iran's participation in the World Cup, amidst concerns raised by recent geopolitical tensions and visa issues.
US President Donald Trump's proposed peace deal with Iran has drawn significant criticism from both Republican and Democrat senators, who express deep concerns that it would legitimise Tehran as a 'dominant force' and potentially allow it to retain control over the Strait of Hormuz and uranium enrichment capabilities.
India's current account deficit could widen to 1.7 per cent of GDP, or about $71 billion, if crude oil prices stay above $90 a barrel for a significant part of the second half of FY27.
A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.
The BRICS summit in New Delhi brings together leaders from major emerging economies to address global challenges like trade disputes, geopolitical upheavals, and the economic impact of conflicts in Ukraine and West Asia. India, as chair, aims to position BRICS as an economic growth engine, focusing on the Global South's food, energy, and supply chain security. The summit also highlights the grouping's expansion and its growing influence in global governance.
Iran has warned of consequences for any collusion between the United Arab Emirates and Israel, following reports of a secret meeting between Israeli Prime Minister Benjamin Netanyahu and UAE President Mohamed bin Zayed Al Nahyan during Operation Roaring Lion.
A top Iranian official has blamed the US and Israel for the disruption of global supply chains due to the West Asia conflict, stating that Tehran is not happy about the consequences faced by countries like India.
Trump's comment marks a shift in his repeated statements that Iran hand over its enriched uranium to the US as a sticking point of any potential deal.
Tensions in West Asia have dramatically escalated as Israel launched targeted military operations against Iran, triggering widespread blasts across strategic cities, following earlier Iranian projectile attacks on Israel.
Indian benchmark indices, Sensex and Nifty, extended their winning streak for a fourth consecutive session, driven by a significant drop in crude oil prices following a peace deal between the US and Iran. This development has fuelled investor confidence and buying activity across the market.
Indian boxers are undergoing intensive training at a multinational camp in Patiala, featuring international medallists, before heading to Japan for a final preparatory stint ahead of the Asian Games. The team aims to build on its strong performance at the Commonwealth Games, despite anticipating tougher competition from boxing powerhouses like Uzbekistan and Kazakhstan at the upcoming continental event.
Chinese President Xi Jinping is set to visit the United States from September 23 to 25 for summit talks with US President Donald Trump, with discussions expected to cover critical economic and trade issues, including AI, and the recently signed US sanctions law targeting countries buying Russian oil and gas.
India's athletics campaign at the Asian Games saw Sawan Barwal secure an unexpected silver in the marathon with a national record, while Tajinderpal Singh Toor also claimed silver in shot put. Prachi Chaudhary added a bronze in quarter-mile, bringing India's athletics medal tally to eight. The day also saw injuries to medal contenders Jyothi Yarraji and Praveen Chithravel.
Top US and Chinese officials, including Vice Premier He Lifeng and Treasury Secretary Scott Bessent, held "candid, in-depth and constructive" talks in New York on economic and trade issues, with a specific focus on artificial intelligence. These discussions precede Chinese President Xi Jinping's anticipated visit to Washington and occur amidst new US sanctions targeting countries purchasing Russian oil and gas, and the US unveiling an "AI Force."
Indian athletes are set for a packed day of competition at the Asian Games, participating in various sports including athletics, boxing, canoe sprint, hockey, kabaddi, rowing, shooting, squash, swimming, table tennis, and wushu. Several medal events are scheduled in rowing and shooting, with key matches in team sports like hockey and kabaddi.
The Indian men's team continued its fine performance, defeating Spain 3-1, with World champion D Gukesh showing the way with a very clean victory over former world championship challenger Alexei Shirov.
US President Donald Trump revealed he was on the verge of ordering attacks on Iran but postponed the decision after receiving calls from Qatar and the UAE, citing progress in peace talks.
US President Donald Trump indicated that a peace deal with Iran is possible, but stressed that military action remains an option if talks fail. He emphasised the need for guarantees against nuclear weapons in any agreement.
Indian benchmark equity indices, Sensex and Nifty, traded marginally higher in early deals despite cautious global cues stemming from elevated crude oil prices due to geopolitical uncertainties and a sharp fall in US markets. Track Sensex, Nifty on August 21, 2026.
China emphasises proper handling of differences and a long-term perspective for bilateral ties ahead of President Xi Jinping's visit to India for the BRICS summit and talks with Prime Minister Narendra Modi. The visit aims to stabilise relations following the 2020 Ladakh standoff and strengthen BRICS cooperation.
A comprehensive schedule detailing the events and timings for Indian athletes participating in various sports at the Asian Games, including badminton, boxing, canoeing, equestrian, fencing, hockey, kabaddi, rowing, soft tennis, sepaktakraw, shooting, squash, swimming, table tennis, weightlifting, and wushu.
Iran hosted a large send-off rally for its World Cup team in Tehran, despite ongoing concerns about visa issues for entry into the United States, where the team is scheduled to play its group matches.
US lawmakers are racing to amend the Russia sanctions bill before recess. One amendment specifically names India, China, and other countries as potential targets for 100% tariffs due to their oil trade with Russia. Another significant amendment proposes to scrap the tariff section entirely, while others address presidential waiver powers and aid to Ukraine.
The Indian men's and women's chess teams delivered strong performances at the Chess Olympiad in Samarkand, with the men's team defeating Spain 3-1 and the women's team securing an identical 3-1 victory over Mongolia. World champion D Gukesh led the men's success with a clean win against Alexei Shirov, while Arjun Erigaisi also contributed significantly. In the women's section, B Savitha Shri and Divya Deshmukh were instrumental in their team's win.
Chinese President Xi Jinping is in New Delhi for the 18th BRICS Summit, where he is scheduled to hold bilateral talks with Prime Minister Narendra Modi. This visit, his first to India in nearly seven years, comes amidst efforts to normalise India-China relations following the 2020 Eastern Ladakh standoff and is expected to have significant implications for bilateral ties and BRICS cooperation.
Dropped Iran striker Sardar Azmoun has posted a heartfelt message on social media proclaiming his love for his country and wishing the World Cup squad well at the tournament without him.
India's total goods trade with BRICS nations more than doubled from FY21 to FY26, reaching USD 417.5 billion, but a significant surge in imports, particularly from China and Russia, has caused India's trade deficit with the bloc to more than triple, reaching USD 226.1 billion.
