'1991 was an exceptional period in Indian history.' 'A big 400-volt shock was administered to the system, which was required. Today, we are in a much, much better position.'
Economists highlight that resolving domestic policy bottlenecks, particularly through land reforms and improving the ease of doing business, will be critical for Prime Minister Narendra Modi's 'next-generation reforms' and India's economic transformation towards its 'Viksit Bharat' vision for 2047.
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'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'
SAI has defended the exclusion of five Indian tennis players from the Asian Games squad, saying they failed to meet the prescribed continental ranking criteria.
Five Indian tennis players were excluded from the Asian Games squad because they did not meet the Sports Ministry's stringent international ranking criteria, a decision that has drawn criticism from veteran players like Rohan Bopanna but is being upheld by authorities to maintain administrative integrity.
The 23rd Commonwealth Games have commenced in Glasgow, marking the city's second time hosting the event. This edition is significantly scaled down with a reduced budget and fewer sports and athletes, following Victoria's withdrawal. King Charles III is inaugurating the Games, which will feature 123 Indian athletes, though India's medal tally is expected to be impacted by the exclusion of key sports. India is set to host the 2030 CWG in Ahmedabad.
Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.
The All India Football Federation's decision to field two separate teams for the inaugural FIFA ASEAN Cup and an international friendly against Brazil has sparked controversy.
Toxic has amassed a staggering Rs 41.75 crore in advance sales in India alone.
High memory costs have driven average mobile phone prices up by 15 per cent.
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.
A study by Amazon Ads reveals that nearly 87% of Indian small and medium businesses (SMBs) believe AI has opened up new advertising opportunities, including streaming TV. The research indicates that 75% of surveyed SMBs attribute business growth to AI-enabled advertising, with 68% noting increased creativity. AI is also facilitating international trade for 59% of businesses, though human oversight remains crucial in decision-making.
Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.
The All India Football Federation (AIFF) has accelerated India's preparations for the inaugural FIFA U-15 World Cup by appointing Bibiano Fernandes as head coach and Ranjit Bajaj as team manager. The tournament, scheduled for October in Azerbaijan, will feature an 8vs8 format with direct entry for all FIFA member associations. The AIFF also addressed other matters, including the Santosh Trophy format and budget approvals.
The government introduced the SHANTI Act, 2025, to support the mission and open the sector to private participation.
The US military has lost at least 45 MQ-9 Reaper drones during the conflict with Iran, representing a quarter of its fleet and a significant financial blow. These losses, some due to communication failures, raise questions as India recently signed an agreement to procure 31 of these drones.
Sri Ramalayam Studios LLP is set to launch CODE, an ambitious film trilogy that reimagines the profound themes of the Mahabharata within an original science fiction narrative.
Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
Education sector experts agree that using the "best technology" was essential to ensure students did not have to sit for an examination all over again because of a question paper leak.
Prime Minister Narendra Modi has appealed to opposition parties to support the delimitation-linked Women's Reservation Bill, highlighting its 40-year struggle. The bill aims to provide 33 per cent reservation for women in legislatures and increase Lok Sabha seats, requiring a two-thirds majority for passage. Despite previous setbacks and ongoing efforts to secure numbers, the government continues to push for this crucial legislation.
The fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks.
Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.
State-run Oil and Natural Gas Corporation (ONGC) has approved the development of a 1.75 million tonnes (mt) strategic petroleum reserve (SPR) in Mangaluru, a project deemed of national importance, with plans for broad commercial utilisation.
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Chhattisgarh Chief Minister Vishnu Deo Sai announced a Rs 100 crore allocation for sports infrastructure and athlete development during a Sports Conclave in Raipur. The state government is focused on promoting sports, nurturing talent, and providing employment opportunities for outstanding sportspersons, alongside organising major sporting events like the Bastar and Surguja Olympics.
A new report by FICCI, BCG, and IBA outlines that India's banking sector must grow significantly faster than nominal GDP to support a USD 30 trillion economy by 2047, requiring banking assets of USD 45 trillion. The report highlights the sector's current strength, challenges in digitisation, and the need to enhance resilience against fraud and cyber threats, proposing a 13-point agenda for stakeholders.
The Biotechnology Industry Research Assistance Council (BIRAC) has chosen seven to eight biotechnology startups as the initial group to receive funding from the government's ~1 trillion Research, Development and Innovation (RDI) Fund, with an average investment of approximately ~25 crore per startup.
The Indian Football League (IFL) 2026-27 season will commence on October 16, with new regulations limiting foreign players to three in the starting line-up to boost local talent. Clubs also committed to enhancing youth development through AIFF academy accreditation.
India is relying heavily on its boxing, weightlifting, and athletics contingents to maintain its two-decade streak of top-five finishes at the Commonwealth Games, which opens in Glasgow.
The Indian government has approved the introduction of one billion polymer banknotes in Rs 10 and Rs 20 denominations for field trials, aiming to enhance durability. This move comes as the Finance Minister also addressed Parliament on declining retail inflation, GST reforms, and other fiscal measures taken to support the economy and household consumption.
Shubham Juyal, a silver medallist in para-athletics at the Commonwealth Games, has called for Indians to extend their support to all sports, not just cricket. The Lance Naik in the Indian Army expressed pride in representing Roorkee and shared his aspirations to meet Rishabh Pant and win a medal at the LA 2028 Paralympics, crediting the Indian Army and his family for his success.
Abhijeet Dipke, convenor of the Cockroach Janta Party (CJP), has initiated the 'School Thik Karo' campaign from his native village in Hingoli, Maharashtra, to address the alleged neglect of government schools and advocate for a fee cap on private educational institutions.
The Centre has notified 40 questions for the upcoming Census 2027, including caste and place of Covid vaccination, marking the first time caste details will be collected as part of the decadal exercise. The population enumeration will be a fully digital process, with an option for self-enumeration.
The Lok Sabha's monsoon session concluded on Thursday, marked by relentless opposition protests over critical issues like the NEET paper leak and police action on students, yet saw the passage of several key bills without extensive debate. Home Minister Amit Shah expressed readiness to debate the student protest issue, urging the speaker to allocate time.
'The share of the private sector is at its all-time high of around Rs 42,000 crore in FY26, reflecting its expanding role in the defence ecosystem.'
The Finance Ministry's expenditure department has approved a substantial Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, significantly increasing the country's investment in global chip-making ambitions and aiming to establish India as a major semiconductor hub.
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The challenge thrown by the youth movement creates the opportunity for a more consequential debate on India's economic trajectory because it must remain centered on India's youth as its driving impulse, asserts former foreign secretary Shyam Saran.