The Asian Development Bank (ADB) has revised down India's GDP growth forecast for fiscal year 2026-27 (FY27) to 6.6 per cent from an earlier 6.9 per cent, primarily attributing the change to elevated energy prices stemming from the Middle East conflict. Despite this moderation, India is still expected to remain the world's fastest-growing major economy.
India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.
Electronics manufacturing leader Foxconn has injected USD 37.2 million into its Indian subsidiary, Foxconn Hon Hai Technology India Mega Development Private Limited, increasing its stake to nearly 100 per cent. This investment reinforces Foxconn's commitment to iPhone manufacturing in India.
India has been eliminated from the Women's T20 World Cup after a six-wicket defeat to Australia at Lord's. Despite a strong batting performance led by Harmanpreet Kaur, Australia successfully chased down India's target of 171, with Ellyse Perry and Ashleigh Gardner scoring crucial half-centuries. This marks India's second consecutive group-stage exit from the tournament.
Prime Minister Narendra Modi and Indonesian President Prabowo Subianto have significantly advanced the India-Indonesia Comprehensive Strategic Partnership, securing crucial agreements on defence, critical minerals, and maritime security, including BrahMos missile supply and Sabang port development.
England, led by skipper Harry Brook, secured an unassailable 3-0 lead against India in the five-match T20I series. Brook, with an unbeaten 79, powered England to a comfortable nine-wicket win in the fourth T20I. The team is now aiming for a clean sweep and the world No. 1 ranking, which they can achieve by winning the final match against the reigning world champions.
England, led by skipper Harry Brook, secured an unassailable 3-0 lead against India in the five-match T20I series. Brook, with an unbeaten 79, powered England to a comfortable nine-wicket win in the fourth T20I. The team is now aiming for a clean sweep and the world No. 1 ranking, which they can achieve by winning the final match against the reigning world champions.
Teenage shooter Anvii Rathord won a bronze medal in the women's 10m air rifle at the ISSF Junior World Championship in Suhl, Germany. However, India's campaign was marred by a team disqualification due to a breach of equipment stiffness standards by Shambhavi Shravan Kshirsagar. Despite this setback, India continues to lead the medal tally. The championship also saw another Indian shooter, Vanshika Chaudhary, miss a potential gold due to a costly error.
'People often say acting cannot be taught, but it can be learned. I've always believed that, and I've been a sincere student.'
India's latest trade data reveals a significant geographical realignment, with trade surpluses growing decisively with Asian and African nations, even as surpluses with traditional partners like the US and Netherlands narrow.
Vijaya Mehta's eyes were always twinkling, her smile was always warm, her sari usually a collector's piece. She put on no elder statesman airs. But when she was in director mode, she allowed her actors and technicians no slack. Deepa Gahlot doffs her hat to the undisputed doyenne of Marathi theatre and one of India's most influential directors and actors, who shaped the landscape of Indian experimental theatre.
India's Permanent Representative to the UN, Ambassador Harish Parvathaneni, asserted that 'a terrorist is a terrorist' and called on the international community to collectively root out the 'murderous ideology' without seeking any justification for terrorism.
Shubman Gill praised pacer Gurnoor Brar and left-arm spinner Harsh Dubey for their impressive debuts in India's one-sided victory over Afghanistan in the rain-curtailed first ODI.
India has launched anti-dumping investigations into imports of thermal paper, Biaxially Oriented Polyamide (BOPA) Film, and certain antioxidants from China, following complaints from domestic manufacturers alleging material injury due to cheap imports.
Rajasthan-born cricketer Jai Moondra, who recently starred in Ireland's T20 series win against India, has been drafted by Rotterdam Dockers in the inaugural European T20 Player League (ETPL) Draft. The draft saw six franchises select 36 players from Ireland, Scotland, and the Netherlands, with Moondra being a key acquisition for the Dockers.
Subbaraman Vijayalakshmi, India's first female International Master and Women's Grandmaster, asserts that India is the strongest chess-playing nation globally and will only grow stronger. She highlights Chennai's pivotal role in this revolution, crediting pioneers like Manuel Aaron and Vishwanathan Anand, and expresses confidence in the next generation, including Gukesh and Vaishali. Vijayalakshmi also reflects on her own career, a near-miss men's GM title, and her plans for a comeback after a personal tragedy.
The Northern Railway is expected to soon announce the date for the commencement of commercial operations of the country's first hydrogen-powered train after Prime Minister Narendra Modi inaugurated it on the Jind-Sonipat route in Haryana on Friday.
Dinesh Trivedi's experience as a businessperson and his fluency in Bengali are expected to be crucial in strengthening India-Bangladesh relations, particularly in attracting Indian investments to Dhaka.
The US and India are collaborating to de-risk global supply chains for artificial intelligence technologies, particularly in semiconductor manufacturing and critical minerals processing. This partnership is facilitated through the US-led Pax Silica initiative, which aims to address over-concentration issues and single points of failure in supply chains, fostering a resilient global economy.
India's premier long-distance runner, Gulveer Singh, is confident of improving his bronze medal performance from the 2022 Asian Games in the upcoming edition. Holding national records in multiple events, Singh is preparing for both the Commonwealth Games and Asian Games, focusing on strategic training under his US-based coach and utilising advanced sportswear technology.
The Indian football team suffered a 1-3 defeat against higher-ranked Tajikistan in an international friendly match. Despite a late goal from Farukh Choudhary, India could not overcome Tajikistan's lead, marking their third consecutive loss in recent friendlies as they prepare for continental assignments.
Formerly Iran's second-largest oil customer, Indian financial institutions were forced to withhold crude oil payments following the 2018 US sanctions.
Anvay Dravid, son of legendary Rahul Dravid, displayed his potential with a 67-ball 87, but opener Dimantha Mahavithana made an unbeaten 155 to guide Sri Lanka U-19 to an eight-wicket win over India U-19 in the second Youth ODI.
'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'
The joint statement was issued during Pakistan Prime Minister Shehbaz Sharif's recent visit to China.
A lesson for India is to clearly define objectives beforehand, so that the adversary or other parties do not attempt to mitigate them midway.
England pace spearhead Jofra Archer attributed India's struggles in the T20I series to the return to 'normal' English conditions, contrasting them with the 'easy wickets and smaller boundaries' experienced during the IPL. Archer's 3/29 and Josh Tongue's 4/38 led to India's biggest T20I defeat by runs.
India's top fencer Bhavani Devi has issued an unconditional apology and appealed for the reconsideration of her two-month suspension, which was imposed after she received a Black Card at the Asian Fencing Championships. The Fencing Association of India supports her appeal, highlighting her clean disciplinary record and the upcoming World Championships.
The 22nd Delhi International Open Grandmasters Chess Tournament, scheduled for January 2027, will feature a record-breaking prize pool of Rs 1.32 crore, making it the open tournament with the highest prize money globally. The event will have three categories, attracting FIDE-rated players, Grandmasters, and amateurs alike, with over 3,000 participants expected. This tournament has historically been crucial for developing Indian chess talent, including stars like D Gukesh and R Praggnanandhaa, and aims to establish New Delhi as a global chess hub.
'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'
Abhishek Sharma's dynamic 59 and skipper Shreyas Iyer's composed 68 helped India gain a slice of positivity despite their first T20I against England getting abandoned because of incessant rains.
India's foreign exchange reserves saw a significant drop of USD 5.654 billion, settling at USD 666.933 billion for the week ending June 26, following interventions by the RBI and public appeals by Prime Minister Narendra Modi to conserve forex.
The Gujarat high court has characterised the 2008 Ahmedabad serial bomb blasts as a direct assault on India's sovereignty and democratic governance.
Bharti Airtel added 7.64 trillion in value over the past five years, making it the biggest wealth creator in India's private sector, while the IT sector, including TCS, Infosys, and Wipro, collectively lost 8.5 trillion in value, according to the latest Burgundy Private Hurun India 500 report.
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.
IPL chairman Arun Dhumal supports Cricket Australia's decision to host a Big Bash League opener in Chennai, highlighting India's significance as the world's largest cricket market and its role in the sport's global expansion, especially with cricket's inclusion in the Olympics.
India's campaign in the ICC Women's T20 World Cup ended after a six-wicket loss to Australia at Lord's. Skipper Harmanpreet Kaur admitted the team did not play to its standards and called for a "rethink" on their performance against top teams. Australian captain Sophie Molineux praised Ellyse Perry and Ashleigh Gardner for their match-winning partnership.
Harmanpreet Kaur's rapid 56 helped India post 170 for four against Australia in a must-win Women's T20 World Cup match. Despite a strong start from openers Smriti Mandhana and Shafali Verma, the middle order struggled for acceleration, leaving Harmanpreet to boost the total in the final overs.
Commerce Minister Piyush Goyal announced that the legal scrubbing of the India-EU Free Trade Agreement (FTA) text is expected to be completed within 10-12 days, with the final deal anticipated to be signed by December 31.
