Arundhati Bhattacharyya, Salesforce President and CEO for South Asia, highlighted how cloud and AI are democratising capabilities, offering India a unique opportunity to leapfrog in the technology revolution. Speaking at the IMC Chamber of Commerce, she emphasised that AI will create more jobs by addressing unmet business demands and could significantly boost India's GDP, with NITI Aayog estimating a USD 500-600 billion addition by 2035. She urged Indian businesses to transform using technology, focus on data, redesign work, and invest in skills, stressing that AI is not just for large corporations.
Indian benchmark indices Sensex and Nifty closed lower, with the Sensex dropping 388 points and Nifty declining 112 points, as a sharp rally in crude oil prices, driven by geopolitical uncertainties and concerns over the Strait of Hormuz, dampened investor sentiment and reignited inflation fears.
Bangladesh's State Minister for Foreign Affairs, Humaiun Kobir, announced that the country seeks to "reset" its relationship with India, moving towards a new bilateral engagement based on mutual interests. He described ties during the previous government's tenure as "uncomfortable" and emphasised the need for Bangladesh to approach India as "just another country," focusing on balanced relations rather than an "excessive preoccupation." This comes after Bangladesh's Prime Minister Tarique Rahman did not attend the BRICS Summit in India.
Global brokerage Jefferies forecasts a double-digit compound annual growth rate (CAGR) for India's defence spending, estimating a cumulative domestic opportunity of over $60 billion across four years, driven by geopolitical tensions and the government's indigenisation push.
The Athletics Federation of India (AFI) has announced a 77-member squad, comprising 34 men and 43 women, to represent India at the 2026 Asian Games in Aichi-Nagoya, Japan, with steeplechaser Parul Chaudhary leading the women's contingent.
Researchers at the Indian Institute of Technology Madras (IIT,M) have developed a novel "morphing skin" concept for aircraft wings, inspired by bird flight. This adaptive external skin dynamically reshapes in real time to prevent aerodynamic stalls, enhance lift, reduce drag, and significantly improve aircraft safety and fuel efficiency. The technology holds promise for commercial aviation, unmanned aerial vehicles, and defence applications.
Indian men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty defeated Malaysia's Nur Mohd Azriyn Ayub and Tan Wee Kiong in a three-game thriller to reach their third China Masters final. The world No. 5 pair showcased tactical brilliance and resilience, overcoming a second-game lapse to secure their spot in the summit clash, where they aim for their second title of the season.
Ishan Kishan's stunning 2026 has thrown him into India's 2027 ODI World Cup plans -- and Rishabh Pant could be the biggest casualty. With the selectors already looking ahead to South Africa, Kishan's red-hot form has turned the wicket-keeper debate on its head.
Senior Congress leader Shashi Tharoor has articulated India's position on BRICS, advocating for it to be a "non-West, but not anti-West" platform, a stance he believes is crucial for India's national interest. He highlighted the prestige of hosting the BRICS summit, India's responsibility to represent the Global South, and the significance of bilateral meetings, particularly with China and Russia. Tharoor also addressed the strained India-China relations, citing border issues and trade leverage, and discussed the challenges within BRICS, including difficulties in achieving consensus on global issues and trade imbalances, while also considering the need for diversified international relations amidst unpredictable US sanctions.
Former captain Sourav Ganguly defends veteran pacer Mohammed Shami against claims of neglect by selectors, praising his domestic performances. Ganguly also expresses optimism about Ishan Kishan's potential return to Test cricket, highlighting his strong form in recent domestic finals.
The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."
India's para-archers, led by Paralympics champion Harvinder Singh and world No. 1 Sheetal Devi, concluded their World Archery Para Series Stage III campaign with an impressive haul of two gold and four bronze medals. Sheetal Devi secured an individual gold in a dramatic shoot-off and a bronze in the mixed team event, while Harvinder Singh and Bhawna won gold in the recurve mixed team. India also claimed additional bronze medals in individual and mixed team categories.
Indian judokas arriving for the Commonwealth Games in Glasgow found their luggage missing, including essential training gear and uniforms. This incident follows a similar problem faced by the Indian boxing contingent just days prior, prompting the Indian Olympic Association to intervene.
Indian Grandmaster Arjun Erigaisi has voiced significant reservations regarding a proposal by World Chess and FIDE to convert online rapid and blitz ratings into official FIDE ratings. He highlights fundamental integrity issues, such as mouse slips and the lack of physical supervision in home-based online play, making it difficult to ensure fair play. Erigaisi also commented on World Champion D Gukesh's recent form and dismissed the idea that AI diminishes creativity in chess.
Former Tehelka editor-in-chief Tarun Tejpal has surrendered before a Goa court to begin serving his 10-year rigorous imprisonment sentence in a 2013 sexual assault case. This follows a Supreme Court directive and his conviction by the Bombay High Court, which overturned his earlier acquittal. Tejpal's appeal against his conviction is slated for a Supreme Court hearing in September 2026.
'When a glacier collapse or a major flood event does occur, the water will simply reclaim its original path, and anything built in that path will be swept away.'
Razorpay CEO Harshil Mathur highlights India's leadership in real-time payments, stating it can foster numerous billion-dollar fintech companies capable of expanding globally. He draws parallels with the US internet boom and discusses how India's unique regulatory and private sector collaboration, exemplified by UPI, can be replicated in other emerging markets. Mathur also touches upon the opportunities and risks associated with leveraging AI in business.
The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
The Congress party has criticised the government's recent notification regarding UPI transactions, alleging it paves the way for users to be charged fees, particularly for transactions above Rs 2,000. The party claims the government lacks transparency and questions if the move is to benefit American firms. The government, however, states that charges are necessary for the system's sustainability and infrastructure upgrades, with the Finance Minister clarifying that Merchant Discount Rate (MDR) applies to merchants, not customers.
Indian tennis icon Leander Paes is poised to contest the presidency of the All India Tennis Association (AITA), backed by the Bengal Tennis Association. This sets up a potential three-way battle against current Davis Cup captain Rohit Rajpal and interim president Chintan Parikh, pending Paes's success in the Sportsperson of Outstanding Merit (SOM) election.
The Ministry of External Affairs stated that India's participation in the 2027 SAF Games in Pakistan will be guided by the sports ministry's policy, which permits Indian athletes to compete in events with Pakistani participants and vice-versa. Separately, the MEA also commented on the ongoing legal proceedings for seven foreign nationals, including a US citizen and six Ukrainians, who were recently chargesheeted by the NIA for illegal entry and movement, though not under UAPA at this stage.
A Delhi court has convicted a couple, Hareena Ray alias Reena and Jeetu Kumar, for abandoning their premature and medically vulnerable infant in a hospital. The court rejected their defence that leaving the child in a medical facility implied an intention for treatment, ruling that their actions demonstrated a clear intent to wholly abandon the child, who later died.
India's T20I skipper Shreyas Iyer expressed his excitement about participating in the Asian Games in Aichi-Nagoya, highlighting the opportunity to interact with top athletes and understand their mindset, while also focusing on the team's immediate T20I challenges.
Commerce Secretary Rajesh Agarwal highlighted the critical need for India to diversify its services exports beyond the dominant IT/ITeS and professional services sectors. Speaking at the Global Fintech Fest 2026, he emphasised the vast potential in the global financial services market, where India currently holds a small share, and stressed how fintech solutions, like UPI, can drive growth, reduce remittance costs, and support MSME trade finance, ultimately leading to sustainable economic expansion.
Indian badminton sensation Tanvi Sharma, 17, secured her first BWF World Tour title by defeating Vietnam's Thuy Linh Nguyen at the Taipei Open Super 300. Coached by Park Tae-sang, she became the first Indian woman to win the singles title there since Saina Nehwal in 2008, showcasing her rising talent and potential.
The benchmark Sensex plummeted 813 points to a three-month low, with the Nifty settling below 23,450, as escalating tensions in West Asia drove crude oil prices above USD 100 per barrel, leading to widespread selling in IT, FMCG, financial services, and oil & gas shares.
The Indian government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.
China Southern Airlines is set to resume its Guangzhou-New Delhi passenger service from September 21, ending a six-year suspension. This move is part of a broader normalisation of India-China relations, following recent high-level diplomatic meetings and previous flight resumptions by other carriers.
India's junior women's hockey team defeated China 1-0 in the AHF Junior Asia Cup final, securing their third consecutive title and qualifying for the junior women's World Cup. Sanika Chandrakant Mane scored the decisive goal in the 17th minute.
Specialised range taking shape in Andhra Pradesh, while West Bengal clears way for DRDO's new testing facility.
A CBI court in Dehradun has acquitted Acharya Balkrishna, general secretary of Patanjali Yogpeeth, in a 15-year-old passport forgery case. Co-accused Naresh Chandra Dwivedi was also acquitted. The case, initiated in 2011 by the CBI, alleged Balkrishna obtained an Indian passport using forged documents, claiming he was a Nepali national.
Indian benchmark indices, Sensex and Nifty, closed lower on Monday due to elevated crude oil prices, escalating US-Iran hostilities, and concerns over a potential US interest rate hike, impacting investor sentiment.
Congress leader Rahul Gandhi has accused the Modi government of quietly paving the way for imposing fees on UPI transactions, alleging it's a surrender to American pressure. The government's recent notification exempts charges only up to Rs 2,000, sparking concerns that higher value transactions and eventually all UPI payments could incur fees. Finance Minister Nirmala Sitharaman, however, clarified that Merchant Discount Rate (MDR) applies to merchants, not customers, and supports digital infrastructure.
Pakistan's women cricketers found themselves in an unexpected Virat Kohli connection during the Women's Asia Cup. Several players were spotted wearing footwear from the Indian star's sportswear brand, sparking plenty of chatter on social media.
India concluded its campaign at the World Archery Para Series Stage III with an impressive tally of 15 medals, including four gold, three silver, and eight bronze, finishing second in the overall medal standings. The event served as a crucial preparatory test for the upcoming Aichi-Nagoya 2026 Asian Para Games.
'It's a harrowing book because in the first 100 pages, you have the first-person account of very young girl being abused. It's an important, crucial document from her point of view, but impossible to emotionally endure if one is to illustrate it on screen.'
For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.
Thousands gathered on the banks of the River Thames in London for the first-ever Ganga Aarti, a traditional Hindu ceremony of light and thanksgiving. Organised by Chinmaya Mission UK as part of the 'Totally Thames' festival, the event symbolised gratitude for nature and knowledge, while also celebrating 75 years of the Chinmaya Mission. The ceremony was conducted on land to ensure environmental responsibility.
India is actively integrating payment system harmonisation into its Free Trade Agreement (FTA) negotiations, especially with countries hosting a large Indian diaspora. This strategy aims to leverage India's growing fintech ecosystem, facilitate cross-border financial services, and position India as a global hub for financial services exports, particularly through platforms like GIFT City.
The Nifty and Sensex outperformed Asian peers in South Korea, Japan, Taiwan and China.
