India's wholesale price index (WPI) inflation marginally eased to 9.78 per cent in July 2026, down from 9.87 per cent in June, primarily due to a cooling in the prices of fuel, power, and food items, marking the first month-on-month drop under the new 2022-23 base year.
Inflows into foreign currency non-resident (bank), or FCNR (B), deposits have significantly underperformed market expectations, leading to a more than 1 per cent depreciation of the rupee against the dollar this week. Analysts point to fading RBI support measures, tepid interest due to rising global bond yields, and narrowing interest rate spreads compared to 2013 as key challenges.
Sashidhar Jagdishan, the managing director and chief executive of HDFC Bank, has opted out of being considered for reappointment after his current term ends on October 26, choosing to retire after nearly three decades with the lender.
Chandra's tenure also saw a big jump in Tata Sons' other income, such as brand fee from group companies, treasury gains, and other non-recurring income.
'The prohibition regime has been accompanied by concerns regarding the expansion of the illicit liquor trade, increased enforcement challenges and corruption, and the growing use of alternative intoxicants, including illicit drugs.'
The Supreme Court has listed for hearing on August 31 an appeal of Sumit Roy, personal assistant to Trinamool Congress MP Abhishek Banerjee, challenging the August 6 order of the Calcutta high court denying him pre-arrest bail in the Salboni land-grabbing case.
TasteAtlas has released its 2025 list of the world's 100 best cuisines, with Italy taking the top spot, followed by Greece and Peru, while India secured the 13th position globally.
India batting coach Sitanshu Kotak clarified Kuldeep Yadav missed the second Test due to genuine viral fever, rejecting speculation that the team had any reason to fake illness.
India's prisons operated at 112.7 percent occupancy in 2024, with 609 jails housing more inmates than their sanctioned capacity and Delhi recording the highest occupancy rate of 194.6 percent, according to data tabled in the Rajya Sabha on Wednesday.
China sailed through the crisis in the Strait of Hormuz relatively unscathed even as the impact of its steps shielded other consuming nations from having to pay high crude oil prices.
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
'Why not aspire for 8 or 9 or even 10 per cent?'
HDFC Bank's share in active mutual fund schemes has fallen to multi-year lows, despite overall MF ownership in the bank rising, as the stock faces weak performance, soft margins, and governance concerns.
The number of individuals reporting a gross total income of 100 crore or more in their income tax returns has quadrupled to 576 in Assessment Year 2025-26, up from 142 in AY 2021-22, according to data shared in Parliament.
'If a student can get a good teacher, quality content and mock tests at no cost, it becomes very hard for a mid-tier coaching centre to keep charging for the same lecture.'
The rules require nuclear plant operators to maintain an insurance policy, financial security or a combination of both to cover civil liability for nuclear damage.
A government adviser has called for India to reintroduce a petrol variant with a lower ethanol blend, such as E10, alongside the current E20 fuel. This move aims to protect millions of older vehicles, particularly two-wheelers, which may experience performance issues and damage from the higher 20 per cent ethanol blend.
Voltas has announced a joint venture with Atomberg Innovation to manufacture high-efficiency room air conditioner (RAC) compressors, aiming to strengthen localisation and supply-chain resilience. Despite significant volume growth in RACs, the company's margins remain a key concern for analysts.
India's gold demand saw a 6 per cent year-on-year decline in the April-June quarter of 2026, reaching 131.4 tonnes, primarily due to subdued seasonal sales, increased Customs duty, and Prime Minister Narendra Modi's call to reduce gold purchases, according to a World Gold Council report.
Making UPI payments fee-based for some transactions could enhance mental reservations against digital payments -- which have largely been overcome -- once more. Do we want to regress?, asks R Jagannthan.
GM-elect Mayank Chakraborty defeated Jaiveer Mahendru to join IM Artem Pingin and FM Sharnarthi Viresh in the lead at the Asian Junior Open Classical Chess Championship. In the Girls' Championship, WCM Shohradova Leyla and WFM Pratitee Bordoloi maintained their joint lead after a draw, with the tournament heading for an exciting finish.
Ishan Kishan and Tilak Verma led an intent-filled batting effort with well-paced 81 and an unbeaten 60 respectively to help India crush Zimbabwe by 90 runs in the second T20I and seal the the three-match series 2-0.
Keshav Maharaj hails Manav Suthar as a rare left-arm spin talent, praising his control and variations while backing him to carry India's Test spin legacy.
"Our endeavour is to bring headline inflation in line with the target over the medium term," said RBI Governor Sanjay Malhotra, addressing concerns about the central bank's policy stance and economic outlook.
Slim, powerful and built for serious gaming, Acer's Predator Helios Neo 16S AI packs high-end hardware into a remarkably sleek chassis.
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.
India's services sector experienced its weakest growth in four-and-a-half years in July, as new business orders, both domestic and export, eased due to intense competition and declining demand. Despite a modest rebound in job creation and improved profit margins, overall business confidence slipped, reflecting a broader slowdown in the economy.
The Reserve Bank of India (RBI) has prematurely closed its swap facility for foreign currency non-resident (bank) deposits, FCNR(B), one month ahead of schedule, after banks mobilised $52.3 billion under the scheme by August 13, indicating sufficient foreign currency reserves.
Gold futures saw a significant rise for the second consecutive day, driven by strong overseas market rallies, increased safe-haven demand due to geopolitical uncertainties, and a weaker US dollar. This surge coincided with the Reserve Bank of India's decision to maintain its repo rate, reflecting a focus on growth amidst global inflation concerns and easing oil prices.
Former Australian opener Matthew Hayden has lauded young Indian batting sensation Vaibhav Sooryavanshi, highlighting his courage, mental strength, and ability to perform under pressure. Hayden believes the 15-year-old has the potential to excel in both short and long formats of cricket, despite his recent T20I and IPL successes. Sooryavanshi's impressive performances, including a Player of the Series award in T20Is and a record-breaking IPL season, underscore his immense talent.
The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.
List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.
India recorded a 6% dip in overall crime in 2024, with 58.85 lakh cases registered compared to 62.41 lakh in 2023, according to the National Crime Records Bureau. Crime rates per lakh population also decreased, with Kerala, Puducherry, and West Bengal leading in solving crimes. While some crimes like those against women and SC/STs saw declines, cybercrime and crimes against senior citizens increased.
Global rating Moody's on Monday affirmed India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at 'Baa3' with a 'stable' outlook on the back of robust economic growth and sound external position. The rating agency also affirmed India's other short-term local-currency rating at P-3.
A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.
The Payments Council of India has confirmed that Unified Payments Interface (UPI) services will continue to be free for consumers and small merchants, despite a recent Lok Sabha Bill. This clarification addresses concerns about potential charges, emphasising that while a sustainable financial model for UPI infrastructure is being developed, transaction charges will not be passed on to users or small businesses.
'Having analysed the break up of the hospital billing structure the committee believes that rationalising of room charges needs to be done on an emergent basis.'
India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.
Indian benchmark indices closed marginally higher, with the Sensex gaining over 43 points and the Nifty remaining flat, as a spike in crude oil prices due to geopolitical uncertainties tempered risk appetite.
Former Australian cricketer Matthew Hayden has commented on Rohit Sharma's future in international cricket, particularly concerning the 2027 World Cup. Hayden believes Sharma's decision will hinge on his continued hunger and energy, given his retirement from Tests and T20Is, and the demanding schedule of both IPL and ODI cricket. Despite age-related questions, Sharma has continued to deliver strong performances, notably a century against England.
