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.
India has strongly rejected remarks by the US Commission on International Religious Freedom (USCIRF) officials calling for sanctions against the Rashtriya Swayamsevak Sangh (RSS) and advising against diplomatic courtesies for its leaders. The External Affairs Ministry spokesperson labelled USCIRF a "biased" organisation with its own agenda, lacking credibility.
Alok's IV, led by Alok Daga, secured the top position in the eight-round Swiss League of the East Zone Bridge Championships in Kolkata, advancing to the pre-quarterfinals. Several other teams also qualified, with initial pre-quarterfinal leads established by Bangur Cement, Tornatae, Conquerors, and Deepadhar, among others.
As NSRCEL enters its next phase, the incubator plans to focus on AI, deep technology and global partnerships as it looks to expand its reach.
Indian benchmark indices Sensex and Nifty closed lower, with the Nifty recording its fourth consecutive day of decline, primarily due to elevated oil prices and ongoing geopolitical tensions between the US and Iran, which dampened investor sentiment.
The Indian Pickleball Association has announced the national team, led by Harsh Mehta, for the upcoming Pickleball World Cup in Da Nang, Vietnam. The squad includes both experienced players and young talent, with corporate backing providing a boost for their preparations.
The Indian Pickleball Association has announced the national team, led by Harsh Mehta, for the upcoming Pickleball World Cup in Da Nang, Vietnam. The squad includes both experienced players and young talent, with corporate backing providing a boost for their preparations.
Zerodha co-founder Nikhil Kamath has invested Rs 200 crore in CtrlS, a hyperscale data centre company, with entrepreneur Sreeram Reddy Vanga adding Rs 50 crore. This capital infusion will fuel CtrlS's infrastructure expansion and capacity growth across India, addressing the rising demand from enterprises and hyperscale clients driven by AI, cloud, and digital advancements.
Indian Grandmaster R Praggnanandhaa drew with tournament leader Wesley So in the fifth round of the Sinquefield Cup, maintaining his joint second position with 3 points. This result keeps him on track for a podium finish and a strong chance to qualify for the Grand Chess Tour finale.
Akane Yamaguchi, a three-time world champion, has reached her fourth World Championships final and is poised to become the first women's singles player to win four titles. She attributes her smooth campaign to playing without pressure and adapting well to conditions, expressing readiness for a tough final against An Se Young.
Japan is deepening its defence relationship with India while simultaneously expanding its economic, infrastructure and security engagement with countries around India -- particularly Bangladesh. The result is an emerging Japanese conception of South Asia in which India remains the strategic anchor, but the geography surrounding India is becoming increasingly important, points out Varun Arya.
India's top 400m runners, including Vishal Thennarasu Kayalvizhi and Jay Kumar, view the upcoming Commonwealth Games in Glasgow as a more challenging competition than the Asian Games. They believe the higher standard of competition, especially from Australia and England, will serve as an ideal proving ground to improve their performance and achieve personal bests ahead of the continental showpiece.
India's top 400m runners, including Vishal Thennarasu Kayalvizhi and Jay Kumar, view the upcoming Commonwealth Games in Glasgow as a more challenging competition than the Asian Games. They believe the higher standard of competition, especially from Australia and England, will serve as an ideal proving ground to improve their performance and achieve personal bests ahead of the continental showpiece.
East Bengal, fresh from their AFC Champions League Two qualifying play-off victory, are set to face a formidable Indian Army Football Team in the Durand Cup quarterfinals. The match, crucial for a spot in the semi-finals, will test East Bengal's momentum against the Army's disciplined play. Another quarterfinal features unbeaten SC Delhi against debutants FC Raengdai.
India's UPI system continues its rapid growth, dominating retail payments. Recent amendments to the Payment and Settlement Systems Act allow for targeted Merchant Discount Rates (MDR) on high-value merchant transactions, aiming to create a self-sustaining revenue model for the ecosystem while keeping P2P and low-value payments free. This move could generate significant revenue and encourage ecosystem participation.
The Sports Ministry has suspended the recognition of the Table Tennis Federation of India (TTFI) due to significant governance deficiencies, including delayed elections and failure to ensure athlete welfare. The Indian Olympic Association (IOA) has been directed to form an ad-hoc committee to manage the sport until a proper governance structure is re-established.
India has condemned an attack on a Cyprus-flagged commercial vessel off the coast of Oman, which resulted in one Indian crew member going missing. The incident occurred amidst escalating hostilities between Iran and the US in West Asia, prompting India to call for immediate de-escalation and an end to targeting commercial shipping in the region.
Indian shuttler Lakshya Sen secured a hard-fought victory against Collins Valentine Filimon in the opening round of the BWF World Championships, attributing his win to crucial tactical adjustments after losing the first game. He will now face Garret Tan of the USA.
Two promising Indian amateur golfers, Guntas Kaur Sandhu and Ceerat Kang, are set to represent India at the Malaysia Ladies Open Amateur. Ceerat, ranked No. 1 in the IGU merit list, and Guntas, ranked No. 2, bring strong track records to the international competition, which features around 40 golfers from 20 countries.
Ariha Pangambam from Manipur has made history by becoming the first Indian to win a gold medal in the senior women's individual event at the Aerobic Gymnastics Asian Championships. The 22-year-old gymnast expressed pride in her achievement, hoping to inspire young athletes, and shared insights into the challenges faced during the competition, including adapting to a wooden floor, and her journey from artistic to aerobic gymnastics.
Indian skeet shooters, including Parinaaz Dhaliwal, Raiza Dhillon, Maheshwari Chauhan, Mairaj Ahmad Khan, Bhavtegh Singh Gill, and Anant Jeet Singh Naruka, faced challenging qualification rounds at the ISSF World Cup (Shotgun) in Lonato, Italy. While Dhaliwal was the best-placed Indian woman, and Khan showed promise in the men's event, most are unlikely to reach the finals.
China has declared India's move to identify 27 places in Arunachal Pradesh by their standard names as "illegal, null and void," reiterating its claim over the region it calls Zangnan. India has consistently rejected China's renaming attempts, asserting Arunachal Pradesh as an integral part of India.
Who is running the show in Dhaka? This kind of flip-flop, culminating in a last-minute decision to skip a maiden visit, can happen only when the remote is in the hands of one of the competing lobbies within the BNP -- one that appears determined to play a game of chess with India.
Indian all-rounder Mahipal Lomror has signed with Surrey for the remainder of the County Championship season. He becomes the second player from Rajasthan to join the English side this season, filling a gap left by injuries and international call-ups.
Tata Sons has the balance sheet to support them, for now.
Indian badminton star PV Sindhu commenced her 2026 Badminton World Championships journey with a commanding straight-game victory over Sophia Noble in New Delhi.
Private banks in India are aggressively mobilising Foreign Currency Non-Resident (Bank), or FCNR(B), deposits by raising interest rates and using website countdowns, as the Reserve Bank of India's swap window is set to close on August 31, earlier than initially planned.
'Hydro-seismicity is a phenomenon that typically shows up during and just after the monsoon.' 'Heavy rain causes water to percolate deep into the rock, and where there are fractures, that water fills the pores and builds up what we call pore water pressure.' 'That pressure can widen existing cracks, and eventually the rock gives way -- which surfaces as tremors.'
India's top badminton players, including the men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty, singles stars Lakshya Sen, P V Sindhu, and rising talent Ayush Shetty, are set to compete at the USD 950,000 Japan Open Super 750 tournament. The event marks a crucial stage for many Indian shuttlers to make significant runs on the BWF World Tour.
Congress leader Rahul Gandhi has written to Jharkhand Chief Minister Hemant Soren, urging him to personally meet with student representatives protesting irregularities in state recruitment examinations. Gandhi stressed the legitimacy and peaceful nature of the students' demands, highlighting the Congress party's support for their right to protest.
Supreme Court Justice V Mohana recused herself from a 2016 Public Interest Litigation (PIL) seeking directions for the speedy disposal of criminal cases against lawmakers. This development follows a report by amicus curiae Vijay Hansaria, which revealed over 4,000 pending criminal cases against Members of Parliament (MPs) and Members of Legislative Assemblies (MLAs), including chief ministers from 14 states. The Supreme Court has previously issued directives to high courts to establish special benches to monitor and fast-track these trials.
National Security Advisor Ajit Doval engaged in Special Representatives talks with Chinese Foreign Minister Wang Yi in Beijing, focusing on the India-China boundary question and enhancing bilateral relations. These crucial discussions precede Chinese President Xi Jinping's anticipated visit to New Delhi for the BRICS summit, aiming to address persistent border differences and stabilise ties strained by past conflicts like the Galwan Valley clash.
Jammu and Kashmir Chief Minister Omar Abdullah has renewed his call for the restoration of special status and statehood to the region, asserting that the decision to accede to India 80 years ago was correct. He highlighted the importance of upholding India's federal structure and suggested that if Article 370 hadn't been revoked, PoK residents might be seeking reunification. Abdullah also criticised centralised governance models, arguing they erode state autonomy.
Indian doubles coach B Sumeeth Reddy discusses the emotional journey and struggles of Treesa Jolly and Gayatri Gopichand, who secured a historic bronze medal at the Badminton World Championships. He highlights their contrasting personalities, improved rotation, and resilience in overcoming injuries to achieve this significant milestone.
India's recurve mixed pair of Dhiraj Bommadevara and Kirti Sharma lost 3-5 to Italy, missing out on the bronze medal at the Archery World Cup Stage 4 in Madrid. Kirti Sharma also failed to secure a medal in the individual recurve section, resulting in India's recurve archers returning empty-handed from the event. The overall campaign concluded with two medals (one silver, one bronze) from the compound section.
The Sports Ministry is set to commence the nomination process for the National Sports Awards next month, following a delayed announcement of the 2025 awards. The delay was due to a re-evaluation process aimed at preserving the integrity of the honours, which resulted in no Khel Ratna awardee for 2025 and fewer Arjuna awardees than recommended. The article also details the criteria for these prestigious awards and highlights some of the notable Arjuna awardees for 2025.
A maiden Test century is never just about three figures. It is a reflection of patience, perseverance, self-belief and the courage to wait for the right moment.
Indian Grandmaster R Praggnanandhaa secured a tied third-place finish at the Croatian leg of the Grand Chess Tour, bouncing back with a strong performance on the final day. France's Firouzja Alireza claimed the top honours after a tie-break, while Praggnanandhaa shared his position with Maxime Vachier-Lagrave. Compatriot D Gukesh finished sixth.
India's markets regulator, Sebi, has issued a warning to listed companies and regulated entities about an emerging cyber fraud known as the "Boss Scam." This scam involves fraudsters impersonating senior officials like CEOs or MDs to trick finance teams into transferring funds, often using advanced AI tools or malicious software. Sebi advises organisations to verify requests independently and report incidents to prevent financial losses.
India's Madhavendra Pratap Sharma and Kazakhstan's Akhilbay Imangali are leading the rapid event of the Asian Junior Chess Championship in Mumbai, both with a perfect score of 4 points after four rounds. While the open section sees clear leaders, the girls' rapid championship is a much closer contest with six players sharing the lead, all unbeaten. With three rounds remaining, the competition for titles and podium finishes remains intense in both categories.
