'...as we believe with the adoption of AI, our IT services companies' revenue models will have to undergo a reset, which may in turn impact their potential for earnings growth.'
Members of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) have indicated that interest rate hikes may be necessary sooner rather than later, as headline inflation is projected to rise from its current benign levels in the coming months, according to the minutes of the August review.
Soaring above the mighty Chenab River, this record-breaking railway bridge is a sight to behold.
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.
Actor-politician Kangana Ranaut has made a significant U-turn, praising Gen Z as India's biggest strength and ambassadors of culture, days after controversially labelling them 'generation gutter.' Her new stance aligns with RSS chief Mohan Bhagwat's recent comments advocating for hearing out young protesters.
India's Monsoon Session of Parliament concluded with significantly low productivity, marked by frequent disruptions and protests from the Opposition, primarily the Congress, leading to minimal debate on key legislation.
Heavy rainfall in Delhi led to widespread waterlogging, traffic disruptions, and a significant drop in minimum temperatures across the city. Key areas like Lutyens' Delhi, Supreme Court, and AIIMS were affected, while the air quality remained satisfactory.
The India Meteorological Department (IMD) has announced that conditions are becoming favourable for the onset of the southwest monsoon over parts of the south Bay of Bengal, Andaman Sea, and Andaman and Nicobar Islands towards the end of this week.
Lok Sabha Speaker Om Birla is set to make crucial decisions regarding the disqualification petitions against rebel MPs from the Trinamool Congress and Shiv Sena (UBT) before the upcoming monsoon session of Parliament. Both parties have sought the disqualification of their defecting members under the anti-defection law, while the Speaker is consulting legal experts and examining precedents to ensure legally sound decisions.
Indian benchmark stock indices, Sensex and Nifty, experienced a significant decline for the third consecutive day, with the Sensex tumbling 1,092 points and Nifty closing below 24,550. This downturn was primarily driven by the India Meteorological Department's forecast of a below-normal southwest monsoon and ongoing geopolitical uncertainties surrounding the US-Iran ceasefire arrangement.
'Monsoon is the pran (life) of our water system.' 'A weak monsoon will have a very negative impact on crops and people's lives.'
A heated parliamentary showdown unfolded as NDA and INDIA bloc MPs clashed at Parliament's main gate.
The BJP has accused the Congress and its INDIA bloc allies of deliberately disrupting the Monsoon Session of Parliament, alleging that their conduct has prevented discussions on key Bills and exposed the Opposition's 'double standards' on issues such as paper leaks and student protests.
The Reserve Bank of India (RBI) is widely expected to keep its benchmark repo rate unchanged in the August monetary policy review, with economists citing elevated inflation risks and the pending closure of the FCNR(B) deposit scheme as key factors. Most anticipate a 'Neutral' policy stance but with a hawkish tone due to geopolitical tensions, high crude oil prices, and an uneven monsoon.
A new study reveals that India's annual gross primary productivity (GPP) increased significantly from 1985 to 2014 and is projected to continue rising until 2100, even under high-emissions scenarios. This enhancement is attributed to stronger precipitation and carbon dioxide fertilisation effects, with the Indo-Gangetic Plain, Northeastern India, and the Western Ghats expected to see the largest increases.
"Rather than worrying, preparation is required. Contingency plans will be made for affected districts and crop changes will be considered wherever necessary"
'This government is in the very bad habit of doing so again and again. It has done so many times.'
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.
Across India, pickling is more than a method of preservation. It is a seasonal ritual, deeply tied to climate, geography, and local ingenuity. Presenting two recipes...
Congress MLA and former Haryana Assembly Speaker Kuldeep Sharma has urged Congress president Mallikarjun Kharge to remove Rohtak MP Deepender Singh Hooda from the Congress Working Committee (CWC) over his remarks praising former party leader Sajjan Kumar.
The Reserve Bank of India (RBI) has maintained its benchmark policy rate at 5.25 per cent for the fourth consecutive meeting, prioritising clarity on inflation trends, particularly concerning energy costs and geopolitical developments.
Senior Congress leader P Chidambaram responded to Prime Minister Narendra Modi's "dimagi naxal" remark by stating he is "proud to be a dimagi naxal". Modi had warned against "dimagi naxals" who manipulate policies and promote violence, despite the success in curbing armed Naxalism. Chidambaram's comment came after Modi's Independence Day speech where he highlighted the threat posed by ideological supporters of Naxalism.
Mumbai has spent four centuries building folklore around its monsoon: The potholes, the delayed trains, the office debates about whether it will 'break' this week or next. It turns out the rain was always a market. Nobody had built the exchange for it until now!
Domestic passenger vehicle dispatches in India reached a record 12,73,811 units in the first quarter of FY27, marking a 25.9 per cent growth, driven by robust domestic demand despite geopolitical headwinds, according to SIAM.
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 NDA's parliamentary party meetings will now be known as 'Mangal Milan', with the first under this new name scheduled for July 21. This change was informally discussed in the Union cabinet. Additionally, the newly formed Nationalist Citizens Party of India (NCPI), comprising 20 MPs who defected from the TMC, is seeking formal recognition and parliamentary facilities, including a party office and designated floor leaders.
Prime Minister Narendra Modi lauded young Indian innovators for the country's first privately developed orbital rocket, Skyroot Aerospace's Vikram-1, which made India the third nation with private orbital launch capabilities. While praising the 28-year-old average age of the Skyroot team, Modi made a veiled remark about a "56-year-old young man," widely understood to be a dig at Congress leader Rahul Gandhi, who recently turned 56.
S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.
'The BJP has all the instruments with them and they do have a sense of purpose, so I don't think there will be a challenge.'
Home Minister Amit Shah has offered to hold a comprehensive debate in Parliament on student protests and other pressing issues, but Congress leader Rahul Gandhi has swiftly rejected the proposal, demanding accountability for actions against students.
'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'
Over 14,000 members of the academic and scientific community have petitioned Lok Sabha Speaker Om Birla, seeking intervention against Congress MP Priyanka Gandhi Vadra's "gau mutra expert" remark concerning IIT Madras Director V Kamakoti during parliamentary proceedings. The petition calls for the withdrawal of the derogatory expression, arguing it undermines the dignity of an eminent scientist and the institution he leads, and urges for respectful democratic discourse.
Trinamool Congress MP Kalyan Banerjee has been suspended from the Lok Sabha for the remainder of the Monsoon session due to his use of "unsavoury" language against women members during a heated exchange with NCPI members.
Sarfaraz Khan has been recalled to India's Test squad for the two-match away series against Sri Lanka, starting August 15, following an injury to Sai Sudharsan. This recall comes after two years of consistent performance and a significant physical transformation, including shedding 17kg.
The Congress party has issued a whip to its MPs in both the Rajya Sabha and Lok Sabha, mandating their presence from August 10-12 for discussions on "very important" issues. This directive comes amidst reports of potential debates on the Foreign Contribution (Regulation) Amendment Bill, 2026, and a Constitution Amendment Bill concerning delimitation, though the government's official business list did not explicitly mention these.
The Delhi Police has strongly defended its use of force during the 'Chalo Sansad' protest on July 20, telling the Supreme Court that the agitation was 'hijacked by anti-social elements and history-sheeters,' leading to law and order breakdown and over 240 police personnel injuries.
Bharatiya Janata Party leaders and seers have filed police complaints and FIRs against Rahul Gandhi, Pappu Yadav, and Awadhesh Prasad for a skit performed in Parliament, alleging it mocked Sanatan culture and ridiculed Indian traditions concerning Ram Temple donations.
A parliamentary panel has strongly recommended that the Indian government appoint a dedicated 'polar ambassador' to enhance its strategic engagement and diplomatic influence in the critical Arctic and Antarctic regions, aligning with global trends and India's growing focus on polar affairs.
Opposition MPs, including Rahul Gandhi and Mallikarjun Kharge, staged a symbolic protest in Parliament, enacting the "theft" of Ram Temple donations. The INDIA bloc demanded Home Minister Amit Shah's resignation and questioned his absence, also protesting police action against student agitators.
A new study indicates that India's monsoon season could experience a significant increase in uncompensable heat stress under a 2 degrees Celsius global warming scenario, extending the duration of extreme heat conditions.
