The Enforcement Directorate conducted two-day searches across Chandigarh, Punjab, and Maharashtra, seizing mobile phones, laptops, and cash. This action is part of a money laundering investigation into a "fake" call centre accused of defrauding US citizens through spam emails.
Maratha quota activist Manoj Jarange has proceeded towards Mumbai despite police denying permission for his protest at Azad Maidan. Jarange, who has been on a hunger strike for 17 days demanding OBC quota for Marathas, is travelling with a small group amid tight security, citing a Bombay High Court ruling that supports democratic agitation. He also alleged a conspiracy to kill him.
'...but should prepare for listing unless a court grants effective interim relief.'
HDFC Bank has submitted two names to the Reserve Bank of India for the managing director and chief executive position, following incumbent Sashidhar Jagdishan's decision not to seek reappointment. The bank also announced board changes, increasing whole-time directors to four and appointing Jimmy Tata as an executive director. This move comes as Jagdishan's term ends in October, creating a tight timeline for succession.
Indian tennis player Sumit Nagal reflected on his gruelling three-hour Davis Cup loss to South Korea's Hyeon Chung, attributing the defeat to Chung's superior play, challenging court conditions, and missed opportunities. The loss contributed to India trailing 0-2 in the tie, with Nagal acknowledging the fine margins in the intense battle.
Australia Women 'A' defeated India 'A' by 30 runs in Mullanpur, securing an unassailable 2-0 lead in the three-match unofficial T20I series, largely thanks to Katie Mack's unbeaten 83.
Economists widely anticipate the Reserve Bank of India's Monetary Policy Committee will increase the repo rate by 50 basis points, likely split between the October and December meetings, as retail inflation is projected to peak at 6.1 per cent in the third quarter, exceeding the RBI's tolerance limit.
A report by Bain & Company and HealthQuad identifies remote patient monitoring, OT/ICU optimisation, and chronic disease management as key opportunities for Artificial Intelligence in Indian healthcare. The report highlights a shift from experimental AI to real-world applications, driven by government initiatives, increasing EMR adoption, and a robust startup ecosystem. AI's autonomous capabilities are rapidly advancing while costs decrease, creating significant growth potential for providers and startups.
Heavy rainfall and swollen rivers have led to severe flooding in 15 districts of Bihar, affecting over 49 lakh people. Major rivers like the Ganga and Kosi are flowing above danger levels, prompting the deployment of disaster response teams and the establishment of relief camps and community kitchens for those displaced.
Trai has brought app-based spam calls under tighter regulations through new A2P call rules.
The Indian Air Force has launched 'Dronathon 2026' at the Pokhran range in Jaisalmer, a three-day event showcasing advancements in unmanned aerial systems (UAS) and counter-UAS technologies by domestic manufacturers. The initiative aims to bolster the IAF's capabilities in the unmanned domain, align with the 'Atmanirbhar Bharat' objective, and assess indigenous technologies against operational requirements through live demonstrations. It also fosters interaction between the IAF, industry, and even students, promoting the development of scalable unmanned solutions.
A clerk at a private construction firm in Jharkhand's Giridih district was allegedly abducted and murdered after he refused to prepare inflated fuel bills, leading to the arrest of four individuals, including two company employees.
Four-time Formula One champion Max Verstappen showcased his racing prowess by overtaking 100 competitors in just 13 laps during the 'Max vs 100' go-karting event at Silverstone.
Manipuri rower Tendenthoi Devi Haobijam expresses newfound confidence ahead of her second Asian Games appearance, attributing it to consistent team training, international exposure in Australia and Europe, and mentorship from her coach. She will lead India's challenge in the women's coxless four, aiming for a significant performance.
Brentford secured a historic 3-0 victory over Chelsea in a Premier League match, with second-half goals from Jaidon Anthony, Igor Thiago, and Fabio Carvalho. This marks Chelsea's third consecutive league game without a win and Brentford's first home win against Chelsea since 1938.
China has made a strong start at the Aichi-Nagoya Asian Games, with teenage swimmer Yu Zidi setting a new Games record and Olympic champion Pan Zhanle defending his title.
'On a plain reading of Article 121, it can be said that the chairman's casting vote can be invoked in either of these cases.'
Michael Carrick faces his biggest test as Manchester United's permanent manager when rising expectations, an indifferent league start and last season's revival meet Manchester City in Sunday's derby.
The CBI has registered a case against Reliance Capital Limited (RCAP), its former chairman Anil Ambani, and others for an alleged Rs 2,684.57-crore fraud. The case stems from a complaint by the Life Insurance Corporation of India (LIC) regarding investments in RCAP's non-convertible debentures, alleging criminal conspiracy, misrepresentation, and fraudulent diversion of funds causing significant loss to LIC.
SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.
India, having already secured the T20 series against Afghanistan, is likely to experiment with its playing XI in the third and final match in New Delhi. This provides an opportunity for players like Vaibhav Sooryavanshi and others on the bench to get game time before the Asian Games, while Afghanistan aims for an improved performance to boost morale.
The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was fully subscribed on the second day of bidding, driven by strong interest from qualified institutional buyers and non-institutional investors.
Private corporations in India invested approximately 30.3 trillion in fixed assets during FY25, marking a 7 per cent increase from the previous year, according to the statistics ministry. This growth in private capital expenditure contrasts with a slowdown in government capital spending.
'IN-SPACe like an octopus is stretching its tentacles everywhere and choking ISRO.'
VAR Matt Donohue and Assistant VAR Blake Antrobus have been dropped from officiating Premier League fixtures after acknowledging an error in allowing Erling Haaland's winning goal for Manchester City against Manchester United.
Noel Tata, chairman of Tata Trusts, has presented a proposal for the Shapoorji Pallonji (SP) group to sell its 18.37 per cent stake in Tata Sons for approximately 25,000 crore, aiming to address the SP group's liquidity needs without a public listing of Tata Sons.
Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.
National Investment and Infrastructure Fund Limited (NIIF) has appointed Gauravjit Singh as managing partner to lead its global capital formation efforts. Simultaneously, PB Fintech's payment aggregator platform, PB Pay, has gone live, offering consolidated payment acceptance for merchants. In a move to enhance trade efficiency, the Directorate General of Foreign Trade (DGFT) has introduced open API integration for Certificate of Origin, allowing exporters to streamline their application processes.
Delhi Capitals are set to introduce a new coaching setup for IPL 2027, with Sourav Ganguly expected to take over as head coach, Chaminda Vaas as bowling coach, Yuvraj Singh as batting coach, and Amit Mishra also joining the team.
Shiv Sena (UBT) president Uddhav Thackeray has threatened legal action if the "character assassination" campaign targeting his family over the 2020 Disha Salian death case does not cease. His son, Aaditya Thackeray, also denied any connection to Salian, whose death is now under CBI investigation following a Bombay High Court order.
The CBI has registered a case against Reliance Capital Limited (RCAP), its former chairman Anil Ambani, and others for an alleged Rs 2,684.57-crore fraud involving investments made by the Life Insurance Corporation of India (LIC). Anil Ambani has denied any wrongdoing. The LIC alleges criminal conspiracy, misrepresentation, and fraudulent diversion of funds.
FATF Vice-President Vivek Aggarwal has urged the fintech industry to increase investments to combat emerging threats from AI, scam compounds, virtual digital assets, and quantum computing. He warned that these technological challenges pose a significant risk to India's rapid growth in the fintech sector, highlighting a current lack of adequate investment and risk realisation within the industry.
Indian pacer Arshdeep Singh discusses his aspirations for Test cricket, acknowledging his limited first-class appearances but asserting his readiness. He highlights the importance of understanding body mechanics, managing workload, and adapting to various pitch conditions. Arshdeep also touches upon the strong contingent of Punjab players in Indian cricket and his preparations for upcoming international assignments like the T20I series against Afghanistan and the Asian Games.
J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.
Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
World champion D Gukesh's live rating has slipped below 2700 after the first two rounds of the 46th Chess Olympiad in Samarkand, Uzbekistan. The Indian men's team, defending champions, had an average start with two unconvincing wins, while the Indian women's team performed better against weaker opposition. Gukesh's rating drop comes ahead of his world title challenge against Javokhir Sindarov in November.
Shafali Verma produced a stunning 15-ball blitz as India crushed Japan by eight wickets with 15 overs to spare and stormed into the Asian Games semi-finals.
Chinese Foreign Minister Wang Yi stated that President Xi Jinping and Prime Minister Narendra Modi reached a crucial consensus during the BRICS summit, agreeing that China and India should be partners, not rivals. The leaders pledged to maintain peace and tranquility in border areas, deepen cooperation, and support each other in multilateral forums, aiming to strengthen the Global South and promote a multipolar world order.
An Air India pilot undergoing Boeing 787 conversion training was found unconscious in his hotel room in Vasant Kunj, New Delhi, and later declared dead. Police have ruled out foul play and are conducting inquest proceedings. Air India has expressed deep sadness and is supporting the pilot's family.
The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was subscribed 43 per cent on its first day of bidding, making it India's second-largest public issue after Hyundai Motor India's Rs 27,870-crore IPO in 2024.
